证券代码：001389 证券简称：广合科技 公告编号：2025-056 广州广合科技股份有限公司 第二届董事会第十八次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 经各位董事认真审议，会议形成了如下决议： 1、审议通过了《关于 2024 年股票期权与限制性股票激励计划调整股票期权 行权价格和限制性股票授予价格的议案》 具体内容详见披露于《证券时报》《中国证券报》《上海证券报》《证券日报》 《经济参考网》和巨潮资讯网（http://www.cninfo.com.cn）的《关于调整股票 期权行权价格和限制性股票授予价格的公告》。 本议案已经董事会薪酬与考核委员会审议通过。 本议案经董事会表决，以 7 票同意、0 票反对、0 票弃权的表决结果通过。 2、审议通过了《关于向激励对象授予预留股票期权与限制性股票的议案》 具体内容详见披露于《证券时报》《中国证券报》《上海证券报》《证券日报》 《经济参考网》和巨潮资讯网（http://www.cninfo.com.cn）的《关于向激励对 1 / 2 广州广合科技股份有限公司（以下简称 ...

广州广合科技股份有限公司（以下简称"公司"）董事会薪酬与考核委员会 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和 国证券法》（以下简称"《证券法》"）、《上市公司股权激励管理办法》（以 下简称"《管理办法》"）等法律法规及《广州广合科技股份有限公司公司章程》 （以下简称"《公司章程》"）及《2024年股票期权与限制性股票激励计划（草 案）》（以下简称"《激励计划》"或"本次激励计划"）的有关规定，对《激 励计划》授予价格调整、预留授予激励对象名单（授予日）与回购注销部分限制 性股票相关事项进行了核查，并发表如下核查意见： 一、关于 2024 年股票期权与限制性股票激励计划调整股票期权行权价格和 限制性股票授予价格的核查意见 广州广合科技股份有限公司 董事会薪酬与考核委员会关于 2024 年股票期权与限制性股票 激励计划调整、预留授予及注销部分股票期权与回购注销部分限 制性股票相关事项的核查意见 2025 年 4 月 21 日，公司召开 2024 年年度股东会，审议通过了《关于公司 2024 年度利润分配预案的议案》，并于 2025 年 5 月 24 日披露《2024 年年度权 益分派 ...

Group 1 - The A-share market saw a collective decline in PCB concept stocks, with notable drops in several companies [1] - Dazhu CNC experienced a decline of 9.09%, while Helitai fell by 8.77% [2] - Other companies such as Aikemi, Chongda Technology, and Guanghua Technology also reported significant decreases, with drops exceeding 7% [1][2] Group 2 - The total market capitalization of Dazhu CNC is 44.3 billion, and it has increased by 190.60% year-to-date [2] - Helitai's market capitalization stands at 24.9 billion, with a year-to-date increase of 39.33% [2] - Aikemi's market capitalization is approximately 48.13 billion, showing a year-to-date increase of 103.98% [2]

- The report discusses a "Momentum Sentiment Indicator" model, which is used for market timing based on the proportion of stocks with positive returns in the CSI 300 Index over a specific period. The model calculates the proportion of stocks with positive returns over N days and applies smoothing with two moving averages (N1 and N2). When the short-term moving average exceeds the long-term moving average, it signals a bullish market sentiment[26][27][29] - The "Moving Average Sentiment Indicator" is another model that evaluates the CSI 300 Index's sentiment by comparing the closing price with eight moving averages (parameters: 8, 13, 21, 34, 55, 89, 144, 233). If the closing price exceeds more than five of these moving averages, the model signals a bullish sentiment[33][34] - The report evaluates the "Cross-Sectional Volatility" factor, which measures the dispersion of stock returns within an index. A higher cross-sectional volatility indicates a favorable alpha environment. Recent data shows a decline in cross-sectional volatility for the CSI 300, CSI 500, and CSI 1000 indices, suggesting a short-term deterioration in the alpha environment[39][41] - The "Time-Series Volatility" factor is also analyzed, which measures the historical volatility of index returns. The report notes a recent decline in time-series volatility for the CSI 300, CSI 500, and CSI 1000 indices, indicating a less favorable alpha environment in the short term[40][44] - The "Fund Concentration Divergence" indicator is introduced to monitor the degree of fund clustering. It calculates the standard deviation of cross-sectional returns within a fund portfolio. A lower standard deviation indicates higher clustering, while a higher standard deviation suggests fund divergence. The report notes a slight decrease in divergence in the most recent week[80][83] - The "Momentum Sentiment Indicator" model's backtest results show that the fast line is currently above the slow line, indicating a bullish sentiment for the CSI 300 Index[27][29] - The "Moving Average Sentiment Indicator" model's backtest results indicate that the CSI 300 Index is currently in a positive sentiment zone, as the closing price exceeds more than five of the eight moving averages[34][36] - The "Cross-Sectional Volatility" factor's recent values are as follows: CSI 300 (1.98%), CSI 500 (2.12%), and CSI 1000 (2.37%) for the past quarter, with respective percentile rankings of 69.77%, 69.84%, and 65.34% over the past two years[41] - The "Time-Series Volatility" factor's recent values are as follows: CSI 300 (0.62%), CSI 500 (0.44%), and CSI 1000 (0.24%) for the past quarter, with respective percentile rankings of 58.18%, 74.60%, and 57.37% over the past two years[44] - The "Fund Concentration Divergence" indicator shows a slight decrease in divergence, with fund and stock excess returns improving week-over-week[80][83]

Group 1 - The company, Guangzhou Guanghe Technology Co., Ltd., has signed a partnership agreement to establish the "Jiupai Hongtao Emerging Industry Venture Capital Fund (Suzhou) Limited Partnership" with several professional investment institutions, committing RMB 30 million, which accounts for 33.31% of the total capital contribution of the partnership [2][3] - The fund has completed the private investment fund registration process with the Asset Management Association of China and has obtained the Private Investment Fund Registration Certificate, with the registration date being September 17, 2025 [3] - The company acknowledges that the investment in the fund may face a long investment recovery period and certain uncertainties regarding returns due to the characteristics of equity investment funds, which are influenced by various factors such as macroeconomic conditions and industry policies [3]

Group 1: Financial Performance - The company achieved a significant increase in revenue and net profit, with net profit growing by 53.91% year-on-year [3] - In the first half of 2025, the company reported revenue of 2.425 billion yuan, a year-on-year increase of 42.17%, and a net profit of 492 million yuan, reflecting strong operational performance [3] Group 2: Business Strategy and Operations - The company is focusing on technological innovation and digital transformation to enhance production capacity and efficiency, aiming to support business growth [4] - The Thailand factory officially commenced production in June 2025 and is currently in the ramp-up phase, with plans to accelerate customer certification and product introduction [5] - The company is actively expanding its overseas market presence, particularly through the Thailand facility, which is positioned to serve high-performance PCB applications [5] Group 3: Market Demand and Customer Relations - The company is experiencing strong demand for computing power infrastructure, which is driving its business growth [3] - Due to commercial policy restrictions, the company is unable to disclose specific details about its overseas suppliers and customers [2][6] - The company maintains stable relationships with major domestic and international server brand clients and ODM customers [4] Group 4: Future Outlook and Growth Measures - The company plans to continue enhancing its management capabilities, reducing costs, and improving operational efficiency to sustain revenue and profit growth [2] - The company is committed to increasing research and development investments to ensure its core technologies remain competitive in the market [4] - The net cash flow from operating activities increased by 67.30% year-on-year, indicating improved cash collection and financial health [4]

证券代码：001389 证券简称：广合科技 公告编号：2025-052 广州广合科技股份有限公司 关于与专业投资机构共同投资设立基金的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、对外投资概述 广州广合科技股份有限公司（以下简称"公司"）与深圳市九派资本管理有 限公司、上海苍广科技有限公司、黄福柱、余小荣、黄小琴、欧玉育、胡思郑、 黄言程、夏杨花共同签署了《九派宏涛新兴产业创业投资基金(苏州)合伙企业(有 限合伙)合伙协议》，公司作为有限合伙人以自有资金认缴人民币 3,000 万元参 与设立九派宏涛新兴产业创业投资基金(苏州)合伙企业(有限合伙)，占合伙企业 认缴出资总额的 33.31%。具体内容详见公司于 2025 年 7 月 23 日在《证券时报》 《中国证券报》《上海证券报》《证券日报》《经济参考网》和巨潮资讯网 （http://www.cninfo.com.cn）上披露的《关于与专业投资机构共同投资设立基 金的公告》（公告编号：2025-040）。 二、基金备案情况 合伙企业根据《证券投资基金法》和《私募投资基金监督管理暂行办法》等 法 ...

Group 1 - The AI PC concept index rose by 1.05%, ranking fifth among concept sectors, with 23 stocks increasing in value, including Kosen Technology and Guanghe Technology hitting the daily limit up [1] - Notable gainers in the AI PC sector included Feirongda, Wentai Technology, and Changying Precision, which rose by 10.19%, 9.60%, and 9.04% respectively [1] - The sector experienced a net outflow of 1.631 billion yuan in capital, with 24 stocks seeing net inflows, and 10 stocks receiving over 100 million yuan in net inflows [2] Group 2 - The top net inflow stocks in the AI PC sector were Shenzhou Digital, with a net inflow of 393 million yuan, followed by Wentai Technology and Changying Precision with net inflows of 361 million yuan and 332 million yuan respectively [2][3] - The highest net inflow ratios were recorded by Taijia Co., Anfu Technology, and Shenzhou Digital, with net inflow ratios of 16.07%, 12.98%, and 9.75% respectively [3] - The overall market performance showed a mixed trend, with various sectors experiencing both gains and losses, highlighting the volatility in the market [2][5]

Market Overview - On September 18, the component sector rose by 0.81% compared to the previous trading day, with Nanya Technology leading the gains [1] - The Shanghai Composite Index closed at 3831.66, down 1.15%, while the Shenzhen Component Index closed at 13075.66, down 1.06% [1] Top Performers - Nanya Technology (688519) closed at 81.07, up 10.36% with a trading volume of 115,500 shares and a turnover of 926 million [1] - Guanghe Technology (001389) closed at 84.33, up 10.01% with a trading volume of 204,300 shares and a turnover of 1.687 billion [1] - Huazheng New Materials (603186) closed at 43.44, up 10.00% with a trading volume of 190,500 shares and a turnover of 804 million [1] - Other notable gainers include Huhua Electric (002463) up 6.38%, Shengyi Technology (600183) up 5.40%, and ChaoSheng Electronics (000823) up 5.09% [1] Underperformers - Sihui Fushi (300852) closed at 45.89, down 5.17% with a trading volume of 153,700 shares and a turnover of 710 million [2] - Jianghai Co. (002484) closed at 32.65, down 3.91% with a trading volume of 531,700 shares and a turnover of 1.773 billion [2] - Shiyun Circuit (603920) closed at 48.01, down 3.30% with a trading volume of 759,500 shares and a turnover of 3.744 billion [2] Capital Flow - The component sector experienced a net outflow of 1.877 billion from institutional investors, while retail investors saw a net inflow of 807 million [2][3] - Notable net inflows from retail investors were observed in companies like Xingsen Technology (002436) and Shengyi Technology (600183) [3] Summary of Individual Stocks - Xingsen Technology (002436) had a net inflow of 554 million from institutional investors, while retail investors saw a net outflow of 448 million [3] - Shengyi Technology (600183) had a net inflow of 335 million from institutional investors, with a net outflow of 227 million from retail investors [3] - Guanghe Technology (001389) had a net inflow of 135 million from institutional investors, with a net outflow of 48 million from retail investors [3]

本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net）参与本次互动交流，活动时间为 2025 年 9 月 19 日（周 五）15:30-17:00。 证券代码：001389 证券简称：广合科技 公告编号：2025-051 广州广合科技股份有限公司 关于参加广东辖区 2025 年投资者 网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流，广州广合科技股份有限公司（以下简称 "公司"）将参加由广东证监局、广东上市公司协会联合举办的"向新提质 价 值领航——2025 年广东辖区投资者集体接待日暨辖区上市公司中报业绩说明会" 活动，现将相关事项公告如下： 届时公司高管将在线就 2025 年半年度业绩、公司治理、发展战略、经营状 况等投资者关心的问题，与投资者进行沟通与交流，欢迎广大投资者踊跃参与！ 特此公告。 广州广合科技股份有限公司 董事会 2025 年 9 月 17 日 ...