Core Viewpoint - The report highlights the contrasting performance of Zhongci Electronics, with a slight revenue decline but a significant profit increase, reflecting the challenges and potential breakthroughs in the domestic semiconductor industry driven by domestic substitution efforts [1][3]. Company Overview - Zhongci Electronics was established in August 2009, evolving from the China Electronics Technology Group Corporation's 13th Research Institute, which has been a key supplier in China's core electronic components and has participated in major national projects [2]. - The company initially focused on electronic ceramic packaging technology and has become the largest domestic manufacturer of high-end electronic ceramic shells, breaking foreign monopolies in the field [2][6]. Financial Performance - In 2024, Zhongci Electronics reported a revenue of 2.648 billion yuan, a decrease of 1.01% year-on-year, while net profit increased by 10.04% to 539 million yuan [3][4]. - The company achieved a revenue of 612 million yuan in Q1 2025, representing a year-on-year increase of 12.01%, with net profit soaring by 48.81% to 123 million yuan, significantly exceeding market expectations [5]. Strategic Developments - In 2023, Zhongci Electronics completed three strategic acquisitions for a total consideration of 3.831 billion yuan, enhancing its capabilities in GaN RF chip design and manufacturing, and establishing a complete third-generation semiconductor industry chain [3][4]. - The company has committed to significant R&D investments, maintaining a research expense ratio above 10% for three consecutive years, with 290 million yuan allocated for 2024, focusing on GaN RF chips and SiC modules [9]. Market Position and Product Development - Zhongci Electronics has established itself as a leader in the domestic market for GaN RF devices, with its products widely used in 5G communication systems [8]. - The company has developed advanced ceramic components for semiconductor equipment, achieving significant sales growth in precision ceramic parts [7]. Industry Context - The electronic ceramics industry is characterized by high competition, with 90% of profits concentrated in 10% of high-end materials, where Zhongci Electronics is making strides against established players like Kyocera [6]. - The rapid development of AI has spurred growth in the domestic optical communication sector, benefiting companies like Zhongci Electronics that innovate in materials and technology [6].

证券代码：003031 证券简称：中瓷电子 公告编号：2025-051 河北中瓷电子科技股份有限公司 关于使用部分闲置募集资金进行现金管理的进展公告 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。 河北中瓷电子科技股份有限公司（以下简称"公司"或"中瓷电子"）于 2025 年 4 月 23 日召开第二届董事会第三十二次会议、第二届监事会第二十五次 会议，审议通过了《关于使用部分闲置募集资金进行现金管理的议案》，该议案 经 2025 年 5 月 15 日召开的 2024 年年度股东大会审议通过，同意公司使用不超过 人民币 18.3 亿元的闲置募集资金进行现金管理，用于购买安全性高、流动性好、 满足保本要求、产品投资期限最长不超过 12 个月的由银行发行的保本型约定存 款。上述资金额度在有效期内循环滚动使用。具体内容详见公司在巨潮资讯网 （http://www.cninfo.com.cn）和指定信息披露媒体上刊登的《关于使用部分闲置 募集资金进行现金管理的公告》（公告编号 2025-034）。 现将公司使用部分闲置募集资金进行现金管理的实施进展情况公告如下： 一、 ...

证券代码：003031 证券简称：中瓷电子 公告编号：2025-050 河北中瓷电子科技股份有限公司 关于使用部分闲置募集资金进行现金管理到期赎回的公告 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。 河北中瓷电子科技股份有限公司（以下简称"公司"或"中瓷电子"）于 2025 年 4 月 23 日召开第二届董事会第三十二次会议、第二届监事会第二十五次 会议，审议通过了《关于使用部分闲置募集资金进行现金管理的议案》，该议案 经 2025 年 5 月 15 日召开的 2024 年年度股东大会审议通过，同意公司使用不超过 人民币 18.3 亿元的闲置募集资金进行现金管理，用于购买安全性高、流动性好、 满足保本要求、产品投资期限最长不超过 12 个月的由银行发行的保本型约定存 款。上述资金额度在有效期内循环滚动使用。具体内容详见公司在巨潮资讯网 （http://www.cninfo.com.cn）和指定信息披露媒体上刊登的《关于使用部分闲置 一、本次使用部分闲置募集资金进行现金管理到期赎回的情况 河北中瓷电子科技股份有限公司与中信银行股份有限公司石家庄分行签订了 《中 ...

Group 1 - Major shareholders of various companies are planning to reduce their holdings through different trading methods, including block trades and centralized bidding [1][2][3][4][5][6] - Specific companies mentioned include Dahongli, Delinhai, and Filihua, with planned reductions ranging from 0.0157% to 3% of total share capital [1][2][3] - Notable reductions include Guochuang Precision and Guoke Military Industry, with reductions of 5,242,404 shares (2.9837%) and 9,186,322 shares (up to 3%) respectively [2][4] Group 2 - Shareholders of Jin Kai Biotechnology and Green Alliance Technology are also planning significant share reductions, with up to 3% of total share capital being sold [3][4] - The planned reductions are set to occur between June and September 2025, indicating a strategic timing for these transactions [2][3][4] - Companies like Yinxing Magnetic and Zhongci Electronics have also completed their share reduction plans, highlighting ongoing market activity [5][6]

北京市嘉源律师事务所 关于河北中瓷电子科技股份有限公司 2024 年年度股东大会的 法律意见书 西城区复兴门内大街 158 中国 ·北京 二〇二五年五月 源律师事务所 IA YUAN LAW OFFICES 北京 BEIJING·上海 SHANGHAI·深圳 SHENZHEN·香港 HONGKONG·广州 GUANGZHOU·西安 XI'AN 致:河北中瓷电子科技股份有限公司 北京市嘉源律师事务所 中瓷电子 2024 年年度股东大会 关于河北中瓷电子科技股份有限公司 2024 年年度股东大会的 法律意见书 嘉源(2025)-04-302 北京市嘉源律师事务所(以下简称"本所")接受河北中瓷电子科技股份有限 公司(以下简称"公司")的委托,根据《中华人民共和国公司法》(以下简称"《公 司法》")《上市公司股东会规则》(以下简称"《股东会规则》")等现行有 效的法律、行政法规、部门规章、规范性文件(以下简称"法律法规")以及《河 北中瓷电子科技股份有限公司章程》(以下简称"《公司章程》")的有关规定, 指派本所律师对公司 2024年年度股东大会(以下简称"本次股东大会")进行见 证,并依法出具本法律意见书。 为出 ...

证券代码：003031 证券简称：中瓷电子 公告编号：2025-048 河北中瓷电子科技股份有限公司 2024年年度股东大会决议公告 本公司及董事会全体成员保证信息披露内容的真实、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： 1. 本次股东大会无增加、变更、否决议案的情形； 2. 本次股东大会不涉及变更前次股东大会决议； 3. 本次股东大会采取现场投票和网络投票相结合的表决方式。 一、会议召开和出席情况 （一）会议召开情况 1. 本次股东大会的召开时间： （1）现场会议召开时间：2025 年5月15 日（星期四）14:30-16:00 （2）网络投票时间：2025年5月15 日（星期四） 其中，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 5月15 日（星期四）上午9:30-11:30，下午13:00-15:00； 3. 召开方式：本次股东大会采取现场投票与网络投票相结合的方式。 4. 召集人：公司董事会 5. 现场会议主持人：董事长卜爱民先生 6. 本次股东大会的召集和召开程序符合《中华人民共和国公司法》等法律、 法规及规范性文件及《公司章程》的规定。 （二）会议出席情 ...

河北中瓷电子科技股份有限公司 关于股东减持股份计划完成的公告 石家庄泉盛盈和企业管理合伙企业（有限合伙）保证向本公司提供的信息 内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一 致。 公司于 2025 年 1 月 18 日披露了《关于股东减持股份的预披露公告》（公告 编号：2025-006 号）。公司股东石家庄泉盛盈和企业管理合伙企业（有限合伙） （以下简称"泉盛盈和"）计划自前述公告披露之日起 15 个交易日后的三个月 内以集中竞价、大宗交易方式减持不超过 451.0529 万股，即不超过公司当前股 份总数的 1%（如遇送股、资本公积金转增股本等股份变动事项，上述拟减持股 份数量可以进行相应调整）（以下简称"本次减持计划"）。 公司于近日收到泉盛盈和出具的《关于减持河北中瓷电子科技股份有限公司 股份计划实施完毕的告知函》，截至本公告披露日，泉盛盈和本次减持计划已经 完成。根据《上市公司股东减持股份管理暂行办法》《深圳证券交易所上市公司 自律监管指引第 18 号——股东及董事、高级管理人员减持股份》等相关规定， 现将有关情况公告如下： ...

Core Viewpoint - Company is actively engaging with institutional investors and has shown significant growth in its financial performance, particularly in the semiconductor and electronic ceramic materials sectors. Group 1: Financial Performance - In Q1 2025, the company's main revenue reached 614 million yuan, an increase of 12.01% year-on-year, while the net profit attributable to shareholders was 123 million yuan, up 48.81% year-on-year [11] - The company's net profit growth is attributed to product structure optimization and enhanced cost control, leading to an increase in gross profit margin [11] Group 2: Business Development - The company is focusing on the development of precision ceramic components, having established a manufacturing process platform and achieved international standards in core technology indicators for ceramic heating plates [3] - The company is also expanding its presence in the third-generation semiconductor sector, which is a core part of its development strategy, with ongoing investments in research and development [5] Group 3: Market Position and Competition - The company faces some market competition in the SiC chip sector, but its product performance and quality have led to a high level of market recognition and an increasing market share [4] - In the context of slowing 5G base station construction domestically, the company sees long-term growth potential for GaN RF chips, particularly in overseas markets [6] Group 4: Strategic Initiatives - The company is exploring diverse employee incentive methods and is considering stock incentive plans in line with regulatory requirements and its development strategy [6] - The company emphasizes collaboration with industry partners and research institutions to foster innovation and accelerate technology transfer [8] Group 5: Future Outlook - The company has set ambitious profit forecasts for the coming years, with projected net profits of 653 million yuan in 2025 and 801 million yuan in 2026 according to various securities firms [14] - The company is actively working on technological advancements for 5G, 6G, and satellite communication systems, indicating a commitment to staying at the forefront of the industry [10]

Group 1: Investor Relations Activities - The company engaged in specific investor research activities, including site visits and meetings with various investment firms [2][3] - Notable participants included representatives from major investment firms such as China Life Asset Management and E Fund Management [2] Group 2: Business Performance and Growth - The company reported a significant increase in net profit attributable to shareholders, driven by product structure optimization and enhanced cost control, with gross profit margins improving [6] - Following the acquisition of the remaining equity in Guolian Wanzhong, the company's ownership increased from 94.60% to 100%, contributing to profit growth [6] Group 3: Product Development and Market Position - The company is focusing on the development of precision ceramic components, with advancements in alumina and aluminum nitride products achieving international standards [3][4] - In the third-generation semiconductor sector, the company is committed to maintaining R&D resources and investments, aiming to enhance product technology and reduce costs [4] Group 4: Competitive Landscape and Market Strategy - The company faces competitive pressure in the SiC chip market but maintains a strong market presence due to product quality and performance advantages [3][4] - The company is actively promoting SiC modules in high-voltage markets such as smart grids and has established small batch orders in the new energy vehicle sector [4] Group 5: Future Outlook and Strategic Initiatives - The company is exploring potential stock buyback plans and employee incentive programs, contingent on market conditions and business needs [5] - Ongoing research and development efforts are focused on next-generation communication systems, including 5G-A and 6G technologies [6][7]

本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 经河北中瓷电子科技股份有限公司（以下简称"公司 "）第二届董事会第三 十二次会议审议通过，公司董事会决定于2025 年5 月15日召开 2024年年度股东 大会，现将本次股东大会的有关事项通知如下： 证券代码：003031 证券简称：中瓷电子 公告编号：2025-047 河北中瓷电子科技股份有限公司 关于召开 2024 年年度股东大会的提示性公告 一、召开会议的基本情况 第三十二次会议审议通过，符合有关法律、行政法规、部门规章、规范性文件、 深圳证券交易所业务规则和《公司章程》的有关规定。 （1）现场会议时间：2025 年5 月15日 14:30-16:00 （2）网络投票时间：2025 年5 月15日 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5月15 日 上午 9:30-11:30，下午13:00-15:00； 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5 月15日 9:15-15:00 期间的任意时间。 本次股东大会采用现场投票与网络投票相结合的方式。公司将通 ...