证券代码：002384 证券简称：东山精密 公告编号：2025-089 苏州东山精密制造股份有限公司 现场会议召开时间为：2025 年 12 月 29 日下午 14:00 网络投票时间为：（1）通过深圳证券交易所交易系统进行网络投票的具体时 间为 2025 年 12 月 29 日上午 9:15-9:25、9:30-11:30，下午 13:00-15:00；（2）通 过深圳证券交易所互联网投票系统进行网络投票的具体时间为 2025 年 12 月 29 日上午 9:15 至下午 15:00 期间的任意时间。 关于召开 2025 年度第四次临时股东会的通知 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。 苏州东山精密制造股份有限公司（以下简称"公司"）于 2025 年 12 月 12 日 召开第六届董事会第三十次会议，会议决议于 2025 年 12 月 29 日以现场会议和 网络投票表决相结合的方式召开公司 2025 年度第四次临时股东会。现将本次股 东会的有关事项通知如下： 一、召开会议基本情况 1、股东会届次：2025 年度第四次临时股东会 2、股东会的召集人： ...

一、审议通过《关于 2026 年度对外担保额度预计的议案》，并同意将该议 案提交股东会审议。 1、为 Dragon Electronix Holdings Inc.及其子公司提供担保 20 亿元； 表决结果：11 票同意、0 票反对、0 票弃权 2、为 Hong Kong Dongshan Holding Limited 及其子公司提供担保 12.7 亿元； 表决结果：11 票同意、0 票反对、0 票弃权 3、为 Multek Group (Hong Kong) Limited 及其子公司提供担保 70 亿元； 表决结果：11 票同意、0 票反对、0 票弃权 4、为超维微电子（盐城）有限公司提供担保 2 亿元； 表决结果：11 票同意、0 票反对、0 票弃权 5、为牧东光电科技有限公司提供担保 5 亿元； 表决结果：11 票同意、0 票反对、0 票弃权 6、为苏州艾福电子通讯股份有限公司提供担保 0.5 亿元； 表决结果：11 票同意、0 票反对、0 票弃权 7、为苏州诚镓精密制造有限公司提供担保 0.5 亿元； 表决结果：11 票同意、0 票反对、0 票弃权 8、为苏州永创通信技术有限公司提供担保 2 亿元 ...

Core Viewpoint - The Shanghai Composite Index rose by 0.41%, with 60 stocks reaching historical closing highs, indicating a positive market sentiment and strong performance in specific sectors [1][2]. Group 1: Market Performance - Among the tradable A-shares today, 2,683 stocks increased in price, accounting for 49.28%, while 2,612 stocks decreased, making up 47.98% [1]. - A total of 83 stocks hit the daily limit up, while 27 stocks hit the limit down [1]. - The average closing price of stocks that reached historical highs was 70.64 yuan, with 11 stocks priced over 100 yuan and 22 stocks priced between 50 yuan and 100 yuan [1]. Group 2: Sector Analysis - The sectors with the highest concentration of stocks reaching historical highs included machinery equipment (13 stocks), electronics (13 stocks), and power equipment (6 stocks) [1]. - Notable stocks with significant price increases included Tianli Composite, Chaojie Co., and Boying Special Welding, with daily increases of 30%, 20%, and 19.99% respectively [2]. Group 3: Capital Flow - The total net inflow of main funds into stocks that reached historical highs was 3.564 billion yuan, with 38 stocks experiencing net inflows [2]. - The stocks with the highest net inflows included Dongshan Precision (1.12 billion yuan), Shijia Photon (458 million yuan), and Shunhao Co. (374 million yuan) [2]. - Conversely, 19 stocks saw net outflows, with Yongding Co. leading at 576 million yuan [2]. Group 4: Market Capitalization - The average total market capitalization of stocks that reached historical highs was 31.271 billion yuan, while the average circulating market capitalization was 27.688 billion yuan [2]. - Stocks with the highest total market capitalization included Dongshan Precision (155.43 billion yuan), Cangge Mining (113.97 billion yuan), and Guodian Power (105.23 billion yuan) [2]. Group 5: Stock Performance Highlights - Notable stocks that reached historical highs included: - Tianli Composite: 60.84 yuan, up 30% - Chaojie Co.: 96.78 yuan, up 20% - Boying Special Welding: 57.62 yuan, up 19.99% [3][4]. - Other significant performers included Sui Rui New Materials and Qiaoyuan Co., with increases of 17.58% and 16.89% respectively [2].

Market Overview - The component sector increased by 0.59% on December 12, with Tongfeng Electronics leading the gains [1] - The Shanghai Composite Index closed at 3889.35, up 0.41%, while the Shenzhen Component Index closed at 13258.33, up 0.84% [1] Top Gainers in the Component Sector - Tongfeng Electronics (600237) closed at 66.8, up 10.04%, with a trading volume of 885,500 shares and a transaction value of 761 million [1] - Tianjin Pulin (002134) closed at 23.91, up 8.29%, with a trading volume of 253,400 shares [1] - Dongshan Precision (002384) closed at 84.86, up 7.75%, with a trading volume of 1,456,300 shares and a transaction value of 12.144 billion [1] - Other notable gainers include Gaohua Technology (688539) up 5.51% and Shiyun Circuit (603920) up 4.55% [1] Top Losers in the Component Sector - ChaoSheng Electronics (000823) closed at 13.94, down 10.01%, with a trading volume of 578,800 shares and a transaction value of 811 million [2] - Junya Technology (603386) closed at 16.45, down 7.58%, with a trading volume of 537,900 shares [2] - ST Huilun (300460) closed at 8.44, down 6.84%, with a trading volume of 493,400 shares [2] Capital Flow Analysis - The component sector saw a net inflow of 208 million from institutional investors, while retail investors contributed a net inflow of 743 million [2] - Speculative funds experienced a net outflow of 951 million [2] Individual Stock Capital Flow - Dongshan Precision (002384) had a net inflow of 1.107 billion from institutional investors, while it faced a net outflow of 563 million from speculative funds [3] - Tongfeng Electronics (600237) saw a net inflow of 219 million from institutional investors but a significant net outflow of 102 million from speculative funds [3] - Zhongjing Electronics (002579) had a net inflow of 88.7112 million from institutional investors, with a net outflow of 10.4 million from retail investors [3]

Group 1: Market Performance - The three major indices strengthened, with the Shanghai Composite Index rising by 0.41%, the Shenzhen Component Index by 0.84%, and the ChiNext Index by 0.97%, while the Sci-Tech Innovation 50 Index increased by 1.74% [2] - Over 2,500 stocks in the two markets saw gains, with a total trading volume reaching approximately 2.09 trillion yuan [2] Group 2: Precious Metals Sector - The precious metals sector was notably strong, with stocks like Zhaojin Mining (000506.SZ) rising by 7.8%, and other companies such as Xiaocheng Technology (300139.SZ), Western Gold (601069.SH), Shandong Gold (600547.SH), and Hunan Silver (002716.SZ) also experiencing increases [2] - The Federal Reserve's decision to cut interest rates by 25 basis points on December 11, 2025, cumulatively lowering rates by 75 basis points, has boosted precious metal prices, alongside heightened expectations for future rate cuts and rising inflation [2] Group 3: Electric Grid Equipment Sector - Electric grid equipment stocks also performed well, with Tongguang Cable (300265.SZ) and Zhongneng Electric (300062.SZ) both rising by 20%, while companies like Xinte Electric (301120.SZ), Jiusheng Electric (301082.SZ), and China Western Power (601179.SH) saw significant gains [2] - The global energy transition and AI computing power growth are driving the evolution of electric grid systems towards smarter and more resilient designs, creating historic opportunities for domestic power equipment leaders with technological advantages and export capabilities [3] Group 4: Commercial Aerospace Sector - The commercial aerospace sector remained active, with stocks such as Superjet Co. (301005.SZ) rising by 20%, Srey New Materials (688102.SH) by 17.58%, and Aerospace Power (600343.SH) by 10% [3] - A successful launch of the Long March 12 rocket on December 12, 2025, which placed 16 low-orbit satellite internet satellites into orbit, highlights the growth potential of China's commercial aerospace industry, projected to reach a scale of 2.8 trillion yuan by 2025 [3] Group 5: Computing Hardware Sector - The computing hardware sector showed repeated activity, with stocks like Lian Te Technology (301205.SZ) increasing by 15.87%, and others such as Changxin Bochuang (300548.SZ), Dongtianwei (301183.SZ), and Tengjing Technology (688195.SH) also performing well [4] - According to TrendForce, the global market for optical transceiver modules over 800G is expected to grow significantly, with projections of 24 million units by 2025 and nearly 63 million by 2026, indicating a growth rate of 2.6 times [4]

Group 1 - The electronic sector has seen a net inflow of over 15 billion yuan from major funds, ranking second among 31 primary industries in the Shenwan classification [1][8] - The electronic ETF, which includes key players in the electronic sector, has shown a price increase of nearly 1.4% during trading, indicating a steady upward trend [8][10] - Key stocks within the electronic ETF, such as Tuojing Technology and Dongshan Precision, have experienced significant gains, with Tuojing Technology leading with an increase of over 10% [4][10] Group 2 - Companies like Dongshan Precision and Huitian Electronics are advancing their "A+H" listings, reflecting a strategic shift in China's PCB industry towards a technology and capital-intensive model similar to semiconductors [2][12] - The PCB market in China is projected to reach 433.32 billion yuan by 2025, capturing over 50% of the global market share, and is expected to grow to 554.51 billion yuan by 2029 [12] - The demand for PCBs is anticipated to rise due to the increasing needs from AI and new energy vehicles, positioning the Chinese PCB industry for breakthroughs in high-end sectors [12] Group 3 - The electronic ETF (515260) and its linked funds passively track the electronic 50 index, focusing on sectors like semiconductors, consumer electronics, AI chips, automotive electronics, and cloud computing [3][12] - The external environment is pushing China to achieve self-sufficiency in the semiconductor supply chain, with AI reshaping consumer electronics and enhancing user experience [3][12] - National policies and industry support are expected to bolster the electronic sector's growth [3][12]

（文章来源：证券时报网） 数据宝统计，截至14:01，东山精密成交额94.47亿元，创上市以来新高。最新股价上涨7.82%，换手率 8.22%。上一交易日该股全天成交额为40.43亿元。 据天眼查APP显示，苏州东山精密制造股份有限公司成立于1998年10月28日，注册资本183160.7532万 人民币。（数据宝） ...

Group 1 - The main capital inflow was observed in sectors such as power equipment, electronics, machinery, communications, and defense industry, while sectors like retail, comprehensive, basic chemicals, petroleum and petrochemicals, and beauty care experienced capital outflows [1] - Specific stocks that saw significant net inflows include Shunhao Co., Dongshan Precision, and TBEA, with net inflows of 1.604 billion, 1.286 billion, and 1.085 billion respectively [1] - On the other hand, stocks such as Cambricon, Moore Threads, and Dufu experienced notable net outflows of 1.076 billion, 0.949 billion, and 0.758 billion respectively [1]

Core Insights - The main focus of the articles is on the significant inflow of capital into various stocks, highlighting the top 20 stocks by capital inflow as of December 12, with notable performances in sectors such as electric equipment, automotive, and technology [1][2][3] Group 1: Stock Performance - TBEA (特变电工) saw a capital inflow of 557 million, with a price increase of 6.18% [2] - BYD (比亚迪) experienced a capital inflow of 552 million, with a price increase of 1.15% [2] - Antai Technology (安泰科技) had a capital inflow of 499 million, with a price increase of 7.29% [2] - China Western Power (中国西电) reported a capital inflow of 471 million, with a price increase of 10.06% [2] - Longxin Bochuang (长芯博创) achieved a capital inflow of 412 million, with a price increase of 11.86% [2] Group 2: Sector Analysis - The electric equipment sector is prominently represented, with multiple companies like TBEA, China Western Power, and Zhongneng Electric (中能电气) showing strong capital inflows and price increases [2][3] - The automotive sector, led by BYD, also shows positive capital inflow, indicating investor confidence in the automotive market [2] - The healthcare sector, represented by Zhaoyan Pharmaceutical (昭衍新药), recorded a capital inflow of 419 million, reflecting growth potential in medical services [2]

Group 1 - The sample adjustments for indices such as CSI 300, SSE 50, and STAR 50 will officially take effect after the market closes on December 12 [1][2] - The CSI 300 index will replace 11 stocks, including Shenghong Technology, Dongshan Precision, and Ruixin Microelectronics, while removing stocks like Foster and TCL Zhonghuan [1] - The SSE 50 index will replace 4 stocks, adding SAIC Motor, Northern Rare Earth, and others, while removing Poly Development and China Mobile [1] Group 2 - The STAR 50 index will replace 2 stocks, adding Aojie Technology and Shengke Communication, while removing Huaxi Biological and Hangcai Co [2] - Other indices such as CSI 500, CSI 1000, and others will also undergo sample changes, with CSI 500 replacing 50 stocks and CSI 1000 replacing 100 stocks [2] - The total scale of ETFs tracking the CSI 300 index exceeds 1,167.657 billion yuan, with the lowest management fee being 0.15% per year for the Huaxia CSI 300 ETF [2]