Core Viewpoint - The company, Shunluo Electronics, reported a steady growth in its consumer electronics business, driven by an increase in new product share and overall market share, supported by a recovering industry environment [2] Company Overview - Shunluo Electronics has a strong market position and high product market share in the consumer electronics sector [2] - The company maintains deep strategic partnerships with numerous core consumer electronics enterprises both domestically and internationally [2] Industry Insights - The consumer electronics sector is experiencing a recovery in industry sentiment, which is expected to positively impact the company's performance [2] - The company anticipates maintaining a business growth level that exceeds the overall industry growth rate in the consumer electronics field [2]

Core Viewpoint - The company has made significant investments in infrastructure projects, including three industrial parks and a research center, and plans to slow down future investments in this area while maintaining high levels of R&D spending [2] Group 1: Infrastructure Development - The Dongguan Phoenix Industrial Park's smart park has completed its third phase, with some production lines already operational [2] - The Xiangtan ceramic powder industrial park has been completed and is now in production [2] - The Shanghai Songjiang Industrial Park has been completed, with some production lines gradually starting operations [2] - The Shenzhen research center has also been completed [2] Group 2: Future Investment Strategy - The company plans to significantly reduce its capital expenditures compared to the previous phase of infrastructure development [2] - Future investments will focus on emerging markets and new product capacity, which will continue to be supported [2] - R&D investments will remain at a high level, with specific capital allocation to be adjusted according to market demand [2]

Group 1 - The core point of the article is that Shunluo Electronics (SZ 002138) announced an investor research meeting scheduled for November 17-18, 2025, where company representatives will address investor inquiries [1] - For the first half of 2025, Shunluo Electronics reported that its revenue composition is entirely from the electronic components industry, with a 100.0% share [1]

Group 1: Business Performance - The consumer electronics business is a traditional sector for the company, maintaining a strong market position and high product market share, with strategic partnerships with major domestic and international clients [2][3] - The company is experiencing steady growth in the consumer electronics sector, driven by rapid increases in new product shares and overall market share, supported by a recovering industry environment [2][3] Group 2: AI Data Center Development - The AI data center is a key strategic market for the company, focusing on miniaturization, high precision, and high power density technology advantages [3] - The company provides a comprehensive solution for AI server clients, covering various power supply needs, and has secured a full order book with rapid growth in related business, particularly in overseas markets [3] Group 3: Tantalum Capacitor Product Layout - The company has invested in the tantalum capacitor field for years, developing new series products that can be widely applied in communications, consumer electronics, AI data centers, automotive electronics, and industrial control [3][4] - New tantalum capacitor products have gained recognition from major clients due to their thin profile and low ESR values, aligning with trends in high-end consumer electronics [3] - The company’s tantalum capacitors meet the high reliability and stability requirements of automotive electronics, particularly in electric vehicles and advanced driver-assistance systems [3] Group 4: Pricing and Capital Expenditure - The pricing of the company's electronic components generally follows market trends, with a focus on maintaining core competitiveness and long-term partnerships with major global clients [4] - Recent infrastructure projects include three industrial parks and a research center, with significant progress in construction and production ramp-up, while future capital expenditures will focus on emerging markets and new product capacity [4]

Group 1 - The core viewpoint is that the company's automotive electronics business has maintained a high growth rate this year, indicating a strong performance in an emerging strategic market [2] - The company is optimistic about the automotive electronics market and is focusing on deepening customer cooperation both in breadth and depth [2] - The company is continuously launching competitive products in line with the trend of intelligence in the automotive sector [2]

Core Viewpoint - The company is experiencing a slowdown in growth rates for its ceramic and PCB segments, while maintaining a strong growth trajectory in the automotive electronics sector, driven by strategic market positioning and product innovation [1]. Group 1: Automotive Electronics - The company's automotive electronics business continues to show high growth, being a key emerging strategic market [1]. - The company is optimistic about the automotive electronics market, focusing on deepening customer collaborations and launching competitive products in line with the trend of smart technology [1]. Group 2: Ceramic Business - The ceramic business primarily serves the consumer electronics and smart wearable sectors, which exhibit significant seasonal fluctuations due to their custom nature [1]. - The company has over a decade of experience in precision ceramics, with advanced material preparation and processing technologies, and is optimistic about the future of its ceramic products as new applications are developed [1]. Group 3: PCB Business - The PCB business is focused on high-density, modular, and miniaturized manufacturing processes, catering to consumer and IoT markets [1]. - Currently, the PCB production capacity is small, and there are no plans for further expansion at this time [1].

股票代码：002138 股票简称：顺络电子 编号：2025-091 深圳顺络电子股份有限公司 关于股东部分股份质押的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 深圳顺络电子股份有限公司（以下简称"公司"）于近日接到公司股东新余市 恒顺通电子科技开发有限公司（以下简称"恒顺通"）通知，获悉恒顺通将持有本 公司部分股份办理质押业务，现将有关事项公告如下： 上述质押股份未负担重大资产重组等业绩补偿义务。 二、股东股份累计质押情况 截至公告披露日，恒顺通及其一致行动人所持质押股份情况如下： | | | | | | | | 已质押股份 | | 未质押股份 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 本次质押 | 本次质押 | 占其所 | 占公司 | 情况 | | 情况 | | | | 持股数量 | 持股比 | 前的质押 | 后的质押 | | | | | 未质押股 | | | 股东名称 | (股) | 例 | 股份数量 | 股份数量 | 持股份 | ...

Group 1 - The core point of the news is that Shunluo Electronics has seen a 5% increase in stock price, reaching 36.54 CNY per share, with a trading volume of 754 million CNY and a turnover rate of 2.76%, resulting in a total market capitalization of 29.463 billion CNY [1] - Shunluo Electronics, established on September 8, 2000, and listed on June 13, 2007, specializes in the research, production, and sales of new electronic components, primarily chip inductors and chip varistors, with 99.13% of its revenue coming from these components [1] Group 2 - From the perspective of major fund holdings, Guoshou Anbao Fund has a significant position in Shunluo Electronics, with its Guoshou Anbao Research Selected Mixed A Fund (008082) holding 20,000 shares, unchanged from the previous period, accounting for 4.66% of the fund's net value, ranking as the eighth largest holding [2] - The Guoshou Anbao Research Selected Mixed A Fund (008082) was established on December 30, 2019, with a latest scale of 11.9259 million CNY, achieving a year-to-date return of 31.46%, ranking 2599 out of 8140 in its category, and a one-year return of 24.26%, ranking 3398 out of 8057 [2]

Core Viewpoint - The company has significantly reduced its construction projects due to the completion of several industrial parks, with plans for future expansions in production lines based on market demand [1]. Group 1: Industrial Parks - The company has completed the construction of three industrial parks and a research center, including the Dongguan Phoenix Industrial Park, which has fully completed its third phase and has some production lines operational [1]. - The Xiangtan Ceramic Powder Industrial Park has been completed and is now in operation [1]. - The Shanghai Songjiang Industrial Park has been completed, with some production lines gradually starting operations [1]. - The Shenzhen Research Center has also been completed [1]. Group 2: Future Plans - The company plans to advance the construction and production progress of each industrial park step by step according to market demand [1]. - There are inquiries regarding the company's future expansion plans for production lines, including specific locations, timelines, and capacity increases [1].

在上述权限范围内，公司董事会授权公司管理层根据实际情况，选择金融机 构及担保方式并办理签订相关合同等具体事宜，公司将按照相关法律法规履行信 息披露义务。 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 深圳顺络电子股份有限公司（以下简称"公司"）对外担保额度总额超过最 近一期经审计净资产的 100%，该等担保全部系为公司之控股公司提供的担保， 敬请投资者充分关注担保风险。 一、担保情况概述 公司已于 2025 年 2 月 26 日召开了第七届董事会第十四次会议及第七届监事 会第十一次会议，审议通过了《关于公司 2025 年度为控股公司提供担保的议案》。 为增强对公司之控股公司的支持，公司拟为控股公司东莞华络电子有限公司（以 下简称"东莞华络"）、深圳顺络汽车电子有限公司（以下简称"顺络汽车"）、 东莞顺络电子有限公司（以下简称"东莞顺络"）、东莞信柏结构陶瓷股份有限 公司（以下简称"信柏陶瓷"）分别向银行申请人民币 10 亿元（含）、人民币 10 亿元（含）、人民币 45 亿元（含）、人民币 5 亿元（含）的银行授信提供担 保。此议案已于 2025 ...