Group 1 - The core point of the article highlights that on December 24, the net inflow of main funds in the Shanghai and Shenzhen markets reached 129 million yuan [1] - The telecommunications industry saw a significant net inflow of over 500 million yuan in main funds [1] - Other industries such as electronics, banking, light manufacturing, and non-ferrous metals also experienced net inflows exceeding 100 million yuan [1] Group 2 - Among individual stocks, Zhongji Xuchuang had a net inflow of over 200 million yuan in main funds [1] - Companies like Qingshan Paper, Haixia Innovation, Lingyi Zhizao, Luxshare Precision, Deep Technology, and Dongshan Precision each saw net inflows exceeding 100 million yuan [1]

进一步统计，近3个月内该股累计发生11笔大宗交易，合计成交金额为1.43亿元。 证券时报·数据宝统计显示，立讯精密今日收盘价为59.29元，上涨2.14%，日换手率为1.26%，成交额为 54.04亿元，全天主力资金净流入4.29亿元，近5日该股累计上涨1.07%，近5日资金合计净流入6.31亿 元。 立讯精密12月24日大宗交易平台共发生2笔成交，合计成交量57.00万股，成交金额3379.54万元。成交价 格均为59.29元。从参与大宗交易营业部来看，机构专用席位共出现在2笔成交的买方或卖方营业部中， 合计成交金额为3379.54万元，净买入978.29万元。 两融数据显示，该股最新融资余额为57.54亿元，近5日减少4.02亿元，降幅为6.52%。（数据宝） 12月24日立讯精密大宗交易一览 | 成交量 | 成交金额 | 成交价格 | 相对当日收盘折溢 | 买方营 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | | （万股） | （万元） | （元） | 价（%） | 业部 | | | 40.50 | 2401.25 | 59.29 | 0.00 | 机构 ...

| 交易日期 | 证券代码 | 证券简称 | 成交价格 | 成交量 | 成交全额 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | (元) | (万股/万份) | (万元) | | | | 2025-12-24 | 002475 | 立讯精密 | 59.29 | 16.50 | 978.29 机构专用 | | 中国银河证券股份 | | | | | | | | | 有限公司沈阳文化 | | | | | | | | | 路证券营业部 | | 2025-12-24 | 002475 | 立讯精密 | 59.29 | 40.50 | 2,401.2 机构专用 | | 机构专用 | 12月24日，立讯精密大宗交易成交57万股，成交额3379.54万元，占当日总成交额的0.62%，成交价59.29元，较市场收盘价 59.29元持平。 ...

Group 1 - The core viewpoint of the news is that Luxshare Precision (SZ002475) has received preliminary approval for the environmental impact assessment of its subsidiary's new energy vehicle project, with a total investment of 5.2 billion yuan [1] - The "A-share Green Report" project aims to enhance transparency in environmental information of listed companies, utilizing authoritative environmental regulatory data from 31 provinces and 337 cities [1] - The latest A-share Green Weekly Report indicates that nine listed companies have recently exposed environmental risks [1] Group 2 - Luxshare Precision's main business segments include consumer electronics (78.55% of revenue), communication interconnect products (8.91%), automotive interconnect products (6.95%), computer interconnect products (3.93%), and other connectors (1.65%) as of the 2025 semi-annual report [3] - The company's market capitalization is approximately 423.67 billion yuan, with projected revenues of 231.91 billion yuan for 2023, 268.80 billion yuan for 2024, and 220.92 billion yuan for the first three quarters of 2025 [4] - The net profit attributable to the parent company is forecasted to be 10.95 billion yuan for 2023, 13.37 billion yuan for 2024, and 11.52 billion yuan for the first three quarters of 2025 [4]

12月24日，广东省人民政府新闻办公室举行"'十四五'广东成就"梅州专场新闻发布会。梅州市商务局局 长李敏表示，"十四五"期间，梅州市全力以赴招大引强、招新引优，以招商引资实效助推"百千万工 程"见成效。李敏表示，五年来，梅州市累计引进招商项目1143个，计划投资3085.6亿元，近三年每年 实际投资均超百亿元。梅州市持续深化"免费生产""免费办公"等"免费梅州"政策，累计使用免费生产、 免费办公等场地超66万平方米，培育引进企业134家，五年来累计惠及招商企业738家次。五年来，梅州 市共引进工业项目740个。宁德时代、立讯精密、华润钙业、法国圣戈班和佛吉亚等重大项目成功落 地，带动铜箔-高端印制电路板、汽车零部件、新能源新材料等产业发展。 ...

Core Viewpoint - The rapid development of the new energy vehicle (NEV) market is driving significant growth in the wiring harness industry, with the market size expected to reach 64.4 billion yuan in 2024, representing a year-on-year growth of 34.4% [1][9]. Overview - NEV wiring harnesses are essential components that connect electrical parts of vehicles, transmitting power and signals, and are often referred to as the "nervous system" of the vehicle [2]. - These harnesses consist of insulated wires, protective sheaths, connectors, and bundling components, and are categorized by voltage levels (high and low), functionality (power transmission, signal transmission, auxiliary equipment), and installation locations (battery pack, chassis, body) [2][3]. Industry Entry Barriers - The wiring harness plays a critical role in the electrical systems of NEVs, requiring high standards in product development, production technology, and quality control [3]. - As the NEV market evolves towards smart, shared, and connected vehicles, there are increasing demands for safety, lightweight, customization, and integration, necessitating strong innovation and technical capabilities from wiring harness manufacturers [3][4]. Related Policies - The Chinese government has implemented various policies to support the development of the automotive parts industry, including NEV wiring harnesses, creating a favorable policy environment for industry growth [5]. Industry Chain - The upstream of the NEV wiring harness industry includes suppliers of basic materials (copper, aluminum, rubber, plastic) and core components (connectors, terminals, sensors) [6]. - The midstream involves the research, design, and production of wiring harnesses, while the downstream primarily serves the NEV market, including manufacturers and the aftermarket [6]. Development Status - The NEV market in China has seen continuous growth, with production and sales reaching 11.24 million and 11.23 million units respectively from January to September 2025, marking a year-on-year increase of 35.2% and 34.9% [8]. - The increasing demand for NEVs is translating into a growing need for wiring harnesses, with the market expected to expand significantly [9]. Competitive Landscape - The NEV wiring harness market in China is characterized by foreign companies dominating the high-end market while domestic companies are accelerating their market share through local partnerships and technological advancements [10]. - Major international players like Sumitomo, Yazaki, Aptiv, and Lear hold significant shares in high-end NEV wiring harnesses, particularly in advanced products like 800V high-voltage harnesses [10]. Key Domestic Players - Companies such as Hu Guang Co., Ltd. and Yong Ding Co., Ltd. are notable players in the NEV wiring harness market, focusing on high and low voltage harnesses and achieving significant revenue from their automotive wiring harness businesses [10][11]. Future Trends - The industry is expected to focus on developing high-voltage harnesses that can handle increased voltage and current demands, with an emphasis on safety and lightweight materials [12]. - Innovations in harness structure and wiring methods will continue to evolve to reduce weight and volume, contributing to overall vehicle energy efficiency [12].

Group 1 - The liquid cooling server concept increased by 1.56%, ranking 6th among concept sectors, with 100 stocks rising, including Tongfei Co., Yidong Electronics, and Zhongguang Lightning Protection, which all hit a 20% limit up [1] - Major gainers in the liquid cooling server sector included Chuanrun Co. (up 10.02%), Kuaike Intelligent (up 10.01%), and Shenling Environment (up 13.69%) [1][3] - The sector saw a net inflow of 1.996 billion yuan, with 83 stocks receiving net inflows, and 18 stocks exceeding 100 million yuan in net inflows, led by Industrial Fulian with 1.304 billion yuan [2][3] Group 2 - The top three stocks by net inflow ratio were Jitai Co. (47.68%), Chuanrun Co. (39.27%), and Zhongguang Lightning Protection (31.95%) [3] - The liquid cooling server sector's performance was supported by significant trading volumes, with Industrial Fulian having a turnover rate of 1.09% and Yinvike at 9.03% [3][4] - Stocks like Tongfei Co. and Yidong Electronics achieved a 20% increase, indicating strong market interest and potential growth in the sector [1][4] Group 3 - The overall market sentiment showed a mixed performance, with some sectors like photolithography and fluorochemical concepts gaining, while others like terahertz and military information technology faced declines [2] - The liquid cooling server sector's positive performance contrasts with the broader market trends, highlighting its potential as a growth area [2][3] - The data indicates a robust interest from institutional investors in the liquid cooling server sector, suggesting confidence in its future prospects [2][3]

| 证券代码：002475 | 证券简称：立讯精密 | 公告编号：2025-150 | | --- | --- | --- | | 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 2025 年第五次临时股东会决议公告 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。 特别提示： 一、会议召开情况 6、会议的召集、召开符合《公司法》、《上市公司股东会规则》、《深圳证券 交易所股票上市规则》以及《公司章程》的有关规定。 二、会议出席情况 参加本次股东会的股东及股东代理人共 5,076 人，代表股份 4,487,578,507 股， 占公司股份总数 7,285,745,243 股的 61.5940%。其中，现场出席会议的股东及股东 授权委托代表人数共 4 人，代表股份 2,754,157,871 股，占公司股份总数的 37.8020%； 参加本次股东会网络投票并进行有效表决的中小股东共 5,072 人，代表股份 1,733,420,636 股，占公司股份总数的 23.7919%。 公司董事、部分高级管理人员和见证律师列席会议。 三、议 ...

北京市汉坤（深圳）律师事务所 关于 立讯精密工业股份有限公司 2025 年第五次临时股东会的 法律意见书 汉坤（证）字[2025]第 33893-2-O-16 号 中国深圳市福田区中心四路 1-1 号嘉里建设广场第三座 20 层 518048 电话：(86 755) 3680 6500；传真：(86 755) 3680 6599 北京 上海 深圳 香港 海口 武汉 新加坡 纽约 www.hankunlaw.com 北京市汉坤（深圳）律师事务所 法律意见书 致：立讯精密工业股份有限公司 北京市汉坤（深圳）律师事务所（以下简称"本所"）接受立讯精密工业股 份有限公司（以下简称"公司"）的委托，指派本所律师出席公司 2025 年第五次 临时股东会（以下简称"本次股东会"）进行法律见证。根据《中华人民共和国 公司法》《中华人民共和国证券法》（以下简称《证券法》）、《上市公司股东 会规则》（以下简称《股东会规则》）等有关法律、法规和规范性文件以及《立 讯精密工业股份有限公司章程》（以下简称《公司章程》）的规定，本所律师对 本次股东会的召集、召开程序、出席会议人员资格、召集人资格、会议表决程序 及表决结果等事项出具本法律 ...

Group 1 - The capital market's M&A activities in the Shenzhen market are experiencing significant growth, driven by policy benefits, precise regulatory support, and proactive market participants, leading to a dual increase in both quality and quantity of transactions [1] - Since 2025, there have been 1,104 newly disclosed M&A transactions in the Shenzhen market, totaling 553.7 billion yuan, representing a year-on-year increase of 54% and 55% respectively; major asset restructurings have exceeded 100, with a year-on-year growth rate of 60% [1] - In addition to major asset restructurings, there have been 995 cash acquisitions that did not meet the major asset restructuring standards, accounting for 90% of the total restructuring activities during the same period, indicating a trend towards smaller, embedded acquisitions that enhance company quality [1] Group 2 - Among the 109 major asset restructurings, 80% were industry mergers and acquisitions, and 70% involved new quality productivity targets, with strategic emerging industries such as semiconductors, information technology, and equipment manufacturing being the core focus [2] - Notable transactions include Electric Power Investment Corporation's acquisition of nuclear power assets worth 55.4 billion yuan, establishing a specialized nuclear power operation platform, and Huatian Technology's acquisition of semiconductor company Huayi Microelectronics, optimizing the company's industrial layout [2] Group 3 - The emergence of benchmark cases and diverse restructuring models is evident, with cross-industry mergers facilitating transformation, such as Huylin Ecological's acquisition of Junheng Technology to enter the high-end optical module sector [3] - Innovative transaction models are addressing industry challenges, exemplified by Hailianxun's absorption and merger of Hangqilun B, becoming the first "A absorbs B" case post-implementation of the "six merger rules" [3] - Various payment tools are being utilized, such as Guangku Technology's combination of share issuance, targeted convertible bonds, and cash for restructuring payments, enhancing transaction flexibility and reinforcing incentive constraints [3] Group 4 - Since 2025, the Shenzhen Stock Exchange has received 41 major asset restructuring applications, a year-on-year increase of 273%, with 15 approvals, marking a 114% increase; the average time from application to approval has been reduced by 22% [4] - TCL Technology's acquisition of a minority stake in Huaxing Semiconductor for 11.6 billion yuan serves as a typical example of efficient review services for the real economy, with the transaction taking only 61 days from application to approval [4] - The Shenzhen Stock Exchange plans to continue implementing the "six merger rules," enhancing regulatory service efficiency and supporting the successful execution of more benchmark restructuring projects [4]