立讯精密2月24日披露，公司已于2026年2月13日首次通过股份回购专用证券账户，以集中竞价交易方式回购公司股份。此举标志着公司在2025年底启动的股 份回购方案已进入实质性实施阶段。 回溯公告可知，立讯精密于2025年12月31日审议通过了股份回购方案，同意公司使用自有资金或自筹资金以集中竞价交易方式回购公司股份。回购的股份将 全部用于实施员工持股计划或股权激励。此后，因公司进行2025年前三季度权益分派，回购价格上限由不超过86.96元/股调整为不超过86.6元/股，调整自 2026年2月12日起生效。 立讯精密在公告中强调，公司后续将根据市场情况在回购期限内继续实施本次回购计划，并按照相关法律法规的规定及时履行信息披露义务。 根据公司发布的公告，2026年2月13日，立讯精密首次回购股份数量为9,900,600股，占公司截至2026年2月12日总股本7,285,984,560股的比例为0.14%。此次 回购的最高成交价为50.91元/股，最低成交价为50.14元/股，成交总金额为499,946,537.83元。 本次回购的资金来源为公司自筹资金（含股票回购专项贷款资金等），回购价格未超过调整后的回购价格 ...

Group 1 - Tongce Medical's chairman and executives plan to increase their shareholding by 6 to 12 million yuan within six months, following recent purchases totaling approximately 1.34 million yuan [1] - Luxshare Precision has repurchased 9.9006 million shares for nearly 500 million yuan, representing 0.14% of its total share capital [2] - Jintai Construction's subsidiary won a project in Malaysia worth approximately 281 million yuan, accounting for 1.53% of the company's audited revenue for 2024 [3] Group 2 - Kela Co. announced the removal of independent director Jing Naiquan due to loss of independence and failure to fulfill duties [4] - Mingyang Smart Energy is planning to acquire 100% of Zhongshan Dehua Chip Technology Co., with ongoing audits and evaluations [5] - BGI Genomics intends to sell a subsidiary's equity for approximately 50 million USD and adjust licensing agreements [6] Group 3 - Guotou Capital reported that valuation adjustments at Guotou Ruijin Fund are expected to impact 2026 net profit by less than 5% [7] - Donghong Co. won a bid for a pressure steel pipe project worth 353 million yuan [9] - Yashi Chuangneng's major shareholder's shares, amounting to 2.9165% of total shares, will be auctioned, but it will not affect the company's operations [10] Group 4 - Frontier Biotech signed an exclusive licensing agreement with GlaxoSmithKline, receiving an upfront payment of 40 million USD and potential milestone payments totaling up to 950 million USD [11] - Kede CNC's major shareholders committed not to reduce their holdings for the next six months [12] - Richen Co. reported a 31.87% increase in net profit for 2025, driven by market expansion and operational efficiency [13] Group 5 - Jiayou International's PPP project in Zambia has officially commenced commercial operations and charging [14] - Junxin Co. updated its H-share listing application, pending approvals from regulatory bodies [15] - Shuangliang Energy's subsidiary won a bid for a 100 million yuan project in the Middle East [16][17] Group 6 - Baili Tianheng's drug candidate achieved primary endpoints in a Phase III clinical trial for triple-negative breast cancer [18] - ST Jinglan announced a significant stock price increase of 86.90% without major changes in performance, warning of potential stock suspension if prices continue to rise [19] - *ST Huiteng projected a revenue of 330 to 400 million yuan for 2025, with negative net profit expected [20]

国内新闻 商务部：中方敦促美方取消对贸易伙伴加征的有关单边关税措施 2月23日，中国商务部就美国最高法院裁定相关关税违法作出回应，敦促美方取消对贸易伙伴加征的单边关税措施。 雷诺集团将全资控股FLEXIS 2月23日，雷诺集团、沃尔沃集团及达飞集团签署了一份具有约束力的协议。在通过反垄断审批的前提下，雷诺集团将收购三方 于2024年共同成立的合资公司FLEXIS SAS全部股权。该合资公司旨在打造具有突破性的新一代电动厢式货车。雷诺集团将全面负责 这一全新纯电动轻型商用车系列的研发工作，相关车型将按原计划于2026年底开始投产。 2026年1月乘用车均价18.6万元 2月23日，乘联分会秘书长崔东树发文表示，2026年1月乘用车均价18.6万元，均价提升1.5万元，市场回落明显。其中，常规燃 油车价格持续上升，2026年1月均价18.1万元，燃油车购买群体买车逐步稳定。新能源车的均价近期逐步下降，2026年1月是19.5万 元，量跌价升，体现新能源车消费的结构性变化。 2月23日全国高速公路车流量预计超6600万辆次 2月23日，据央视新闻消息，当日全国高速公路出行依然以返程车流为主，车流量虽有回落，但仍维持 ...

Core Insights - The Active Copper Cable Multi-Source Agreement (ACC-MSA) has been established to enhance interoperability and innovation in next-generation copper interconnect solutions [1][5] - The consortium aims to address key industry challenges by reducing power, cost, and latency while improving performance for high-speed copper interconnects [1][5] Group 1: Consortium Formation - Thirteen global leaders in networking, semiconductors, and cabling have formed the ACC-MSA, co-chaired by MACOM and Semtech [2] - Founding members include major companies such as AMD, Cisco, Dell Technologies, NVIDIA, and others [2] Group 2: Technical Focus - The initial focus of the ACC-MSA is on optimized copper interconnects featuring integrated linear equalizers [3] - Specifications will cover electrical, firmware, and testing requirements to ensure interoperability among various vendors [3] Group 3: Industry Impact - The integration of linear equalizers is expected to extend the reach of copper cabling, reduce thickness, and lower power consumption and latency compared to traditional DSP-based solutions [4] - AI hardware infrastructure spending is projected to exceed $1 trillion by 2029, with networking infrastructure nearing $200 billion, highlighting the importance of ACCs in future deployments [4]

Group 1: Stock Recommendations - 吉利汽车 (Geely Auto) has a market cap of $23.4 billion, with a target price of $25.00, indicating an upside potential of 48%[5] - 正力新能 (Zhengli New Energy) has a market cap of $2.8 billion, with a target price of $18.00, indicating an upside potential of 113%[5] - 极兔速递 (Jitu Express) has a market cap of $12.2 billion, with a target price of $13.40, indicating an upside potential of 25%[5] - 三一国际 (Sany International) has a market cap of $6.2 billion, with a target price of $20.60, indicating an upside potential of 37%[5] - 瑞幸咖啡 (Luckin Coffee) has a market cap of $11.0 billion, with a target price of $54.68, indicating an upside potential of 41%[5] Group 2: Performance Overview - The basket of 26 long positions had an average return of -2.3%, outperforming the MSCI China Index, which returned -2.4% by 0.1 percentage points[10] - Out of the 26 stocks, 11 had returns exceeding the benchmark[10] - The report includes a new addition of Datadog (DDOG US) to the buy list, while Salesforce (CRM US) has been removed[7]

本次回购股份资金来源为公司自筹资金(含股票回购专项贷款资金等)，回购价格未超过86.60元/股。本 次回购符合相关法律法规及公司既定的股份回购方案的要求。 格隆汇2月23日丨立讯精密(002475.SZ)公布，2026年2月13日，公司首次通过股份回购专用证券账户以 集中竞价方式回购公司股份9,900,600股，占公司截至2026年2月12日总股本7,285,984,560股的0.14%，最 高成交价50.91元/股，最低成交价50.14元/股，成交总金额499,946,537.83元(不含交易费用)。 ...

立讯精密2月23日公告，公司于2026年2月13日首次通过股份回购专用证券账户以集中竞价方式回购公司 股份990.06万股，占公司总股本的0.14%，最高成交价为50.91元/股，最低成交价为50.14元/股，成交总 金额为4.99亿元（不含交易费用）。本次回购股份资金来源为公司自筹资金(含股票回购专项贷款资金 等)，回购价格未超过86.60元/股。本次回购符合相关法律法规及公司既定的股份回购方案的要求。 ...

| 证券代码：002475 | 证券简称：立讯精密 | 公告编号：2026-022 | | --- | --- | --- | | 债券代码：128136 | 债券简称：立讯转债 | | 立讯精密工业股份有限公司 关于首次回购公司股份的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 立讯精密工业股份有限公司（以下简称"公司"）于 2025 年 12 月 31 日召开第 六届董事会第二十一次会议，审议通过了《关于以集中竞价交易方式回购公司股份 方案的议案》，同意公司使用自有资金或自筹资金（含股票回购专项贷款资金等）以 集中竞价交易方式回购公司股份。在本次回购股份价格上限为人民币 86.96 元/股的 条件下，若按回购总金额上下限和回购股份价格上限测算，预计可回购股份数量为： 11,499,540 股至 22,999,080 股，占公司目前总股本比例为：0.16%至 0.32%。具体 回购数量及回购金额以回购期满或回购完毕时实际回购的股份数量和回购金额为准。 本次回购股份实施期限自公司股东会审议通过回购股份方案之日起不超过 12 个月， 回购完成后的股份将全 ...

格隆汇2月23日｜立讯精密(002475.SZ)公告称，公司于2026年2月13日首次通过股份回购专用证券账户 以集中竞价方式回购公司股份990.06万股，占公司总股本的0.14%，最高成交价为50.91元/股，最低成交 价为50.14元/股，成交总金额为4.99亿元（不含交易费用）。本次回购股份资金来源为公司自筹资金(含 股票回购专项贷款资金等)，回购价格未超过86.60元/股。本次回购符合相关法律法规及公司既定的股份 回购方案的要求。 ...

Core Viewpoint - Shenzhen has transformed from a small fishing village into a global innovation hub, showcasing its technological prowess and commitment to becoming a benchmark for China's socialist development model [1][25]. Group 1: Historical Context and Development - The establishment of the Shekou Industrial Zone in 1979 marked the beginning of Shenzhen's transformation, symbolized by the phrase "Time is Money, Efficiency is Life" to attract investment [2][4][31]. - The founding of Huawei in 1987 by Ren Zhengfei in Shekou highlights the entrepreneurial spirit that emerged during this period, leveraging initial capital from Hong Kong [4][28]. Group 2: Industry Growth and Key Players - Foxconn, established by Terry Gou in 1988, became the world's largest electronics manufacturing services provider, benefiting from Shenzhen's cost advantages and industrial ecosystem [6][31]. - Shenzhen's EMS capabilities have empowered global tech innovation, with companies like Foxconn, Luxshare Precision, and BYD Electronics playing significant roles in the supply chain [9][33]. Group 3: Current Trends and Future Outlook - Shenzhen is positioning itself as a leader in AI and robotics, with over 2,600 AI enterprises and projected revenue of approximately 220 billion yuan by 2025 [15][39]. - The "Robot Valley" in Shenzhen is emerging as a global innovation center for robotics, supported by a robust ecosystem of over 74,000 related enterprises and numerous educational institutions [19][39]. Group 4: Commercial Landscape - Huaqiangbei, known as "China's Electronics First Street," hosts a vast network of businesses and attracts over 7,000 foreign visitors daily, reflecting its significance in the global electronics market [11][35]. - The area is characterized by a practical and efficient business model, enabling startups to thrive, including notable companies like Ugreen Technology and Transsion Holdings [12][36].