Investment Rating - The investment rating for the company is "Buy" [5]. Core Views - The acquisition of 100% equity in Jiangxi Hongmei by Zhejiang Rouzhen Technology is aimed at accelerating the capacity expansion and business layout of composite flow materials [2]. - The transaction is expected to enhance the integration of quality resources, promote rapid development, and improve profitability for the subsidiary Rouzhen Technology [2]. - The company maintains its revenue and profit forecasts for 2025-2027, expecting revenues of RMB 21.86 billion, 28.90 billion, and 36.41 billion, with net profits of RMB 2.87 billion, 4.60 billion, and 7.01 billion respectively [3]. Financial Summary - The projected revenues for 2025-2027 are RMB 21.86 billion, 28.90 billion, and 36.41 billion, reflecting year-on-year growth rates of 20.3%, 32.2%, and 26.0% respectively [3][8]. - The expected net profits for the same period are RMB 2.87 billion, 4.60 billion, and 7.01 billion, with year-on-year growth rates of 42.1%, 60.1%, and 52.4% [3][8]. - The earnings per share (EPS) are projected to be RMB 0.67, 1.07, and 1.63 for 2025, 2026, and 2027 respectively [3][8]. - The company’s stock price as of August 18, 2025, is RMB 27.67, with corresponding price-to-earnings (PE) ratios of 41.51x, 25.93x, and 17.02x for the years 2025, 2026, and 2027 [3][10].

Core Viewpoint - The acquisition of a 100% stake in Jiangxi Hongmei New Energy Technology Co., Ltd. by Zhejiang Jiemai Electronic Technology Co., Ltd.'s subsidiary, Zhejiang Rouzhen Technology Co., Ltd., is aimed at enhancing resource integration and accelerating production capacity expansion in the polymer composite film materials sector, which is crucial for lithium-ion batteries [1][2][3] Group 1: Acquisition Details - Zhejiang Rouzhen Technology plans to acquire a 72% stake in Jiangxi Hongmei from Zhejiang Yuanlong and a 28% stake from Anji Hongmei for a total consideration of RMB 26.2824 million, matching the assessed book value of Jiangxi Hongmei's equity [1] - Following the acquisition, Rouzhen Technology will hold 100% of Jiangxi Hongmei, which specializes in manufacturing new film materials and electronic materials, primarily used in photovoltaic, new energy, and 6G electronic information industries [1] Group 2: Strategic Implications - The acquisition is part of Jiemai Technology's strategy to enhance the production capacity of Rouzhen Technology, focusing on composite current collector products such as composite aluminum foil and copper foil, which are essential for energy density and safety in lithium-ion batteries [2] - The integration of Jiangxi Hongmei's production lines will facilitate the deep collaboration of Rouzhen Technology's related businesses, leading to improved operational efficiency and profitability [2][3] Group 3: Expert Insights - The acquisition is viewed as a market-driven approach to optimize resource allocation, mitigate potential competition and related party transaction issues, and enhance the core competitiveness of the listed company [3]

证券日报网讯 8月18日晚间，洁美科技发布公告称，公司第四届董事会第二十八次会议审议并通过了 《关于控股子公司收购股权暨关联交易的议案》等多项议案。 （文章来源：证券日报） ...

Group 1 - The core point of the article is that Jiemai Technology announced the approval of a proposal regarding the acquisition of equity in a subsidiary and related transactions during its 15th meeting of the 4th Supervisory Board [2] Group 2 - The announcement was made on the evening of August 18 [2] - The proposal was reviewed and passed by the Supervisory Board [2] - The transaction involves the acquisition of equity in a controlling subsidiary [2]

格隆汇8月18日丨洁美科技(002859.SZ)公布，为进一步整合优质资源，扩大生产，加快产能释放，促进 控股子公司业务的快速发展和壮大，同时避免未来潜在的同业竞争，浙江洁美电子科技股份有限公司控 股子公司浙江柔震科技有限公司(简称"柔震科技"或"控股子公司")拟收购浙江元龙股权投资管理集团有 限公司(简称"浙江元龙")持有的江西鸿美新能源科技有限公司(简称"江西鸿美")72%股权以及安吉鸿美创 业投资合伙企业(有限合伙)(简称"安吉鸿美")持有的江西鸿美28%股权。本次交易完成后，柔震科技持 有江西鸿美100%股权，本次交易对价为人民币2,628.2353万元。 ...

关于控股子公司收购股权暨关联交易的公告 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。 重要内容提示： 为进一步整合优质资源，扩大生产，加快产能释放，促进控股子公司业务的 快速发展和壮大，同时避免未来潜在的同业竞争，浙江洁美电子科技股份有限公 司（以下简称"洁美科技"或"公司"）控股子公司浙江柔震科技有限公司（以 下简称"柔震科技"或"控股子公司"）拟收购浙江元龙股权投资管理集团有限 公司（以下简称"浙江元龙"）持有的江西鸿美新能源科技有限公司（以下简称 "江西鸿美"）72%股权以及安吉鸿美创业投资合伙企业（有限合伙）（以下简称 "安吉鸿美"）持有的江西鸿美 28%股权。本次交易完成后，柔震科技持有江西 鸿美 100%股权，本次交易对价为人民币 2,628.2353 万元。 | 证券代码：002859 | 证券简称：洁美科技 | 公告编号：2025-055 | | --- | --- | --- | | 债券代码：128137 | 债券简称：洁美转债 | | 浙江洁美电子科技股份有限公司 交易对方为公司关联方，本次交易构成关联交易，但不构成《上市公司重大 资产 ...

| 证券代码：002859 | 证券简称：洁美科技 | 公告编号：2025-054 | | --- | --- | --- | | 债券代码：128137 | 债券简称：洁美转债 | | 浙江洁美电子科技股份有限公司 第四届监事会第十五次会议决议公告 本次交易以审计、评估结果为参考依据，交易双方在遵循自愿、公平合理的 基础上进行协商确认，以江西鸿美全体股东全部权益账面价值为最终定价：江西 鸿美股东浙江元龙和安吉鸿美转让 100%股权给柔震科技对应的转让价格为 2,628.2353 万元。 本次交易是公司在完成对柔震科技的收购整合后，结合柔震科技专注于研发 与生产聚合物基金属复合膜材料的现状，为助力柔震科技加速扩建新产能并进行 贴近新能源电池客户就近配套而进行的产业基地新布局。本次交易能够进一步整 合优质资源，加速柔震科技的产能扩张，加快公司在复合集流体产品即复合铜箔 （PET 铜箔、PP 铜箔、PI 铜箔）、复合铝箔（PET 铝箔）领域的产能释放，促进 控股子公司柔震科技的快速发展和壮大。交易完成后，江西鸿美现有生产线经过 适当改造后能够直接投入使用，实现复合集流体相关业务、资产及人员一体化整 合，对控股子公 ...

本次交易以审计、评估结果为参考依据，交易双方在遵循自愿、公平合理的 基础上进行协商确认，以江西鸿美全体股东全部权益账面价值为最终定价：江西 鸿美股东浙江元龙和安吉鸿美转让 100%股权给柔震科技对应的转让价格为 2,628.2353 万元。 | 证券代码：002859 | 证券简称：洁美科技 | 公告编号：2025-053 | | --- | --- | --- | | 债券代码：128137 | 债券简称：洁美转债 | | 浙江洁美电子科技股份有限公司 第四届董事会第二十八次会议决议公告 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。 浙江洁美电子科技股份有限公司（以下简称"公司"）第四届董事会第二十八 次会议通知于 2025 年 8 月 14 日（星期四）以短信、微信、邮件等方式发出，会 议于 2025 年 8 月 18 日（星期一）上午 10:30 以现场及通讯表决相结合的方式召 开，以通讯表决方式出席会议的董事为方骥柠女士。会议应出席董事 7 名，实际 出席会议董事 7 名，会议由董事长方隽云先生主持。本次会议召开程序符合《公 司法》和《公司章程》的有 ...

Core Viewpoint - The continuous decline in the number of shareholders in several companies indicates a trend of increasing concentration of shares, with some companies experiencing significant reductions over multiple periods [1][2]. Shareholder Trends - A total of 693 companies reported their latest shareholder numbers as of August 10, with 105 companies showing a decline for more than three consecutive periods, and some, like Kangxin New Materials, experiencing a drop for 16 consecutive periods, with a cumulative decrease of 34.63% [1]. - Other notable companies with significant declines include *ST Lanhua, which has seen a 41.59% drop over 14 periods, and companies like Ziguang Guowei and ZTE Corporation also showing a downward trend [1]. Market Performance - Among the companies with declining shareholder numbers, 70 have seen their stock prices rise, while 35 have experienced declines. Notable gainers include Jiemai Technology, which rose by 47.49%, and Hailin Pharmaceutical, which increased by 39.58% [2]. - In comparison to the Shanghai Composite Index, 46 companies (43.81%) outperformed the index, with Jiemai Technology, Hailin Pharmaceutical, and *ST Huike showing relative returns of 36.13%, 29.44%, and 29.04%, respectively [2]. Industry Distribution - The industries with the highest concentration of companies experiencing declining shareholder numbers include basic chemicals, electronics, and electrical equipment, with 13, 12, and 10 companies respectively [2]. - The distribution of these companies shows that 71 are listed on the main board, while 34 are on the ChiNext board [2]. Institutional Activity - In the past month, 8 companies with declining shareholder numbers have been investigated by institutions, with Jiemai Technology and Shuanghui Development receiving the most attention, having been surveyed 4 and 2 times respectively [2]. - The companies with the highest number of institutional participants include Dongfang Yuhong, Jiemai Technology, and Shuanghui Development, with 72, 43, and 16 institutions involved in their research [2]. Financial Performance - Among the companies that have released their semi-annual reports, Shengnong Development reported the highest year-on-year net profit growth of 791.93% [3]. - Companies like Donghua Technology and Shaanxi Guotou A also reported significant net profit increases of 14.64% and 5.74%, respectively [3]. - A total of 32 companies have issued performance forecasts, with 5 expecting profit increases and another 5 anticipating profit [3].

Core Viewpoint - Jiemai Technology (002859) has announced an employee stock ownership plan (ESOP) for 2025, allowing up to 81 employees to participate at a price of 13.1 yuan per share, with a total of up to 3.66 million shares available, representing 0.85% of the company's total equity [1][2]. Group 1: Employee Stock Ownership Plan - The ESOP will be funded by shares repurchased by the company, and the plan requires approval from the shareholders' meeting [1]. - The plan has a duration of 36 months, and the total shares held under all effective employee stock ownership plans cannot exceed 10% of the company's total equity [1]. - Individual employees can hold a maximum of 1% of the company's total equity through this plan [1]. Group 2: Performance Assessment - The ESOP includes performance assessments at both the company and individual levels, with company performance targets set for 2025 and 2026 [2]. - For 2025, the revenue growth target is set at no less than 8% compared to 2024, while the net profit growth target is set at no less than 20% [2]. Group 3: Company Overview and Market Context - Jiemai Technology specializes in the research, production, and sales of electronic packaging materials and electronic-grade film materials, with products widely used in integrated circuits, semiconductor, and new energy sectors [2]. - The company is benefiting from the accelerated global digitalization process and policies such as "new infrastructure" and "old-for-new" electronic product exchanges, which are driving demand in various markets including 5G, cloud computing, and electric vehicles [2]. Group 4: Financial Performance - In the first half of 2025, Jiemai Technology reported total revenue of 962 million yuan, a year-on-year increase of 14.67%, while net profit attributable to shareholders decreased by 18.78% to 98.49 million yuan [3]. - The revenue from electronic-grade film materials reached 116 million yuan, marking a significant year-on-year growth of 61.29% [3].