Core Viewpoint - The company emphasizes the importance of ensuring supply chain security and expanding multi-channel resources in response to customer needs [1] Group 1 - The company is actively engaging with investors to address their inquiries [1] - The company is focused on aligning its operations with customer demands [1] - The company aims to enhance its supply chain security [1] Group 2 - The company plans to explore various resource channels to support its operations [1]

Core Viewpoint - The stock of Gaoxin Technology has experienced fluctuations, with a recent decline in price and mixed performance over various time frames, indicating potential volatility in the market [1][2]. Group 1: Stock Performance - As of October 14, Gaoxin's stock price decreased by 2.09% to 5.61 CNY per share, with a trading volume of 1.48 billion CNY and a turnover rate of 1.68%, resulting in a total market capitalization of 9.749 billion CNY [1]. - Year-to-date, Gaoxin's stock price has increased by 2.37%, but it has seen a decline of 2.26% over the last five trading days and 3.77% over the last 20 days, while it has risen by 11.98% over the last 60 days [2]. Group 2: Company Overview - Gaoxin Technology Group Co., Ltd. was established on November 14, 1997, and went public on July 28, 2010. The company is based in Guangzhou, Guangdong Province, and specializes in the research, production, sales, and service of communication base station and machine room operation and maintenance management systems [2]. - The company's main business revenue composition includes 57.90% from vehicle-mounted terminals, with specific contributions from automotive products (36.05%), smart justice and video cloud (27.08%), and other segments [2]. Group 3: Financial Performance - For the first half of 2025, Gaoxin reported a revenue of 897 million CNY, reflecting a year-on-year growth of 36.24%. The net profit attributable to shareholders was 26.29 million CNY, showing a significant increase of 683.10% [3]. - As of June 30, 2025, the number of shareholders decreased to 96,400, while the average circulating shares per person increased by 5.98% to 15,985 shares [3]. Group 4: Shareholder and Dividend Information - Since its A-share listing, Gaoxin has distributed a total of 181 million CNY in dividends, with no dividends paid in the last three years [4]. - As of June 30, 2025, the third-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 18.68 million shares, an increase of 6.02 million shares from the previous period [4].

Core Insights - The company is currently focusing on its main business in vehicle-mounted terminals and public security information technology [2] Group 1: Business Focus - The primary automotive communication products include T-BOX, OBD, and automotive-grade module products [2]

1 高新兴科技集团股份有限公司 第六期员工持股计划 高新兴科技集团股份有限公司 第六期员工持股计划 高新兴科技集团股份有限公司 第六期员工持股计划 二〇二五年十月 声 明 本公司及董事会全体成员保证本员工持股计划内容真实、准确和完整，没 有虚假记载、误导性陈述或重大遗漏，并对其真实性、准确性、完整性承担个 别和连带的法律责任。 风险提示 1、高新兴科技集团股份有限公司（以下简称"高新兴""公司"或"本公 司"）第六期员工持股计划（以下简称"本员工持股计划"或"本计划"）的 出资金额、实施方案等属初步结果，能否完成实施，存在不确定性； 2、本员工持股计划遵循依法合规、自愿参与、风险自担原则，若员工认购 资金较低，则本次员工持股计划存在不能成立的风险；若员工认购资金不足， 本次员工持股计划存在低于预计规模的风险； 3、本期计划合同及相关协议尚未签订，本期计划合同能否签订，存在不确 定性； 4、股票价格受公司经营业绩、宏观经济周期、国际/国内政治经济形势及投 资者心理等多种复杂因素影响。因此，股票交易是有一定风险的投资活动，投 资者对此应有充分准备； 5、在本员工持股计划有效期内，如果相关法律、法规及规范性文件的有 ...

证券代码：300098 证券简称：高新兴 公告编号：2025-062 高新兴科技集团股份有限公司 一、会议召开和出席情况 （一）会议召开情况 1、召开时间： 2025 年第二次临时股东会决议公告 （1）现场会议日期和时间：2025 年 10 月 13 日（星期一）14:30 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 （2）网络投票日期和时间： 特别提示： 1、本次会议无否决或变更提案的情况。 2、本次股东会以现场投票和网络投票相结合的方式召开。 1、股东出席的总体情况： 通过现场和网络投票的股东 580 人，代表股份 333,123,666 股，占公司扣除 回购专户中已回购股份的总股本 1,734,386,975 股的 19.2070％。 日，9:15-9:25，9:30-11:30，13:00-15:00。 3、召开方式：现场投票和网络投票相结合的方式。 4、召集人：公司第六届董事会。 5、主持人：董事长刘双广先生。 6、本次会议的召集、召开符合《中华人民共和国公司法》《上市公司股东 会规则》等有关法律法规的规定及《公司章程》的规定。 通过深圳证券交易 ...

法律意见书 广东广信君达律师事务所 关于高新兴科技集团股份有限公司 2025年第二次临时股东会的 法律意见书 中国·广州 地址：广州市珠江新城珠江东路 6 号广州周大福金融中心 10 楼、11 楼、29 楼 电话(Tel)：(020)37181333 传真(Fax)：(020)37181388 法律意见书 广东广信君达律师事务所 关于高新兴科技集团股份有限公司 2025年第二次临时股东会的 法律意见书 致：高新兴科技集团股份有限公司 广东广信君达律师事务所（以下简称"本所"）接受高新兴科技集团股份有 限公司（以下简称"公司"）委托，指派律师出席公司2025年第二次临时股东会 （以下简称"本次股东会"），并依据《中华人民共和国公司法》（以下简称"《公 司法》"）、《中华人民共和国证券法》（以下简称"《证券法》"）、中国证 券监督管理委员会（以下简称"中国证监会"）发布的《上市公司股东会规则》 （以下简称"《股东会规则》"）、《上市公司治理准则》（以下简称"《治理 准则》"）和深圳证券交易所发布的《深圳证券交易所上市公司股东会网络投票 实施细则》等法律、行政法规、规范性文件及现行有效的《高新兴科技集团股份 有限公 ...

Summary of Conference Call Notes Industry Overview - **Industry**: Greater China Technology Hardware - **Date**: October 7, 2025 Key Companies Discussed 1. **Crystal Optech (002273.SZ)** 2. **Gosuncn Technology Group (300098.SZ)** 3. **Wingtech Technology Co Ltd (600745.SS)** 4. **OFILM Group (002456.SZ)** Core Insights and Arguments Crystal Optech - **Earnings Growth**: Reported 13% earnings growth in 2Q25 with gross margin improvement from 27.9% in 1Q25 to 30.9% in 2Q25 [2] - **Price Target Increase**: Price target raised from Rmb22 to Rmb32 due to better growth outlook for 2026-27 [8][20] - **Future Prospects**: Anticipation of a new product breakthrough from a key customer in 2H26, alongside ongoing product development [2] Gosuncn Technology Group - **Revenue Growth**: Achieved 47% revenue growth in 2Q25, with gross margin improving from 33.8% in 2Q24 to 38.1% in 2Q25 [3] - **Profitability**: Turned profitable in 2Q25 after four quarters of losses, with earnings estimates revised from a loss of Rmb4 million to a profit of Rmb96 million for 2025 [3] - **Price Target Increase**: Price target raised from Rmb3.60 to Rmb5.00 [8][20] Wingtech Technology Co Ltd - **Profit Turnaround**: Despite a revenue decline in 2Q25, the company achieved profit turnaround for the second consecutive quarter [4] - **Future Growth**: Expected high-margin business to drive revenue and earnings growth, with continuous capacity expansion planned [4] - **Price Target Increase**: Price target raised from Rmb38 to Rmb50 [8][20] OFILM Group - **Earnings Decline**: Reported a loss of Rmb50 million in 2Q25, leading to a 62% cut in earnings estimates for 2025 [5] - **Price Target Stability**: Price target remains unchanged at Rmb10, with expectations of earnings improvement driven by growth in the IoT division [5][20] - **Challenges**: Weak competitiveness and potential margin compression in the vehicle-related business due to fierce competition in the EV market [35] Additional Important Insights - **Earnings Estimates Revisions**: Significant revisions made for earnings estimates across the companies, with Crystal and Gosuncn seeing substantial upward revisions while OFILM faced downward adjustments [12][18] - **Market Sentiment**: Morgan Stanley's earnings forecasts are now 42% and 27% higher than consensus for 2025 and 2026, respectively [14] - **Valuation Methodology**: Price targets derived from a residual income model, maintaining cost of equity assumptions unchanged [19] Conclusion The conference call highlighted a positive outlook for Crystal, Gosuncn, and Wingtech, with significant earnings growth and price target increases. In contrast, OFILM faces challenges that have led to earnings downgrades and a cautious outlook.

Core Insights - The stock of Gaoxin Technology Group Co., Ltd. increased by 1.22% on September 30, with a trading volume of 290 million yuan [1] - The company reported a net financing outflow of 989.62 million yuan on the same day, indicating a low financing balance compared to historical levels [1][2] Financial Performance - For the first half of 2025, Gaoxin achieved a revenue of 897 million yuan, representing a year-on-year growth of 36.24% [2] - The net profit attributable to shareholders for the same period was 26.29 million yuan, showing a significant increase of 683.10% year-on-year [2] Shareholder Information - As of June 30, 2025, the number of shareholders decreased to 96,400, while the average circulating shares per person increased by 5.98% to 15,985 shares [2] - The company has distributed a total of 181 million yuan in dividends since its A-share listing, with no dividends paid in the last three years [3] Ownership Structure - As of June 30, 2025, Hong Kong Central Clearing Limited was the third-largest circulating shareholder, holding 18.68 million shares, an increase of 6.02 million shares from the previous period [3]

证券代码：300098 证券简称：高新兴 公告编码：2025-061 高新兴科技集团股份有限公司 关于召开 2025 年第二次临时股东会的提示性公告 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。 2025 年 9 月 20 日，高新兴科技集团股份有限公司（以下简称"公司"） 在中国证监会指定创业板信息披露网站刊登了《关于召开 2025 年第二次临时股 东会通知的公告》。本次股东会将通过深圳证券交易所交易系统和互联网投票 系统向股东提供网络形式的投票平台。 现公告公司关于召开 2025 年第二次临时股东会通知的提示性公告。 一、会议召开的基本情况 1、股东会届次：2025 年第二次临时股东会。 2、会议召集人：公司第六届董事会第三十一次会议于 2025 年 9 月 19 日审 议通过了《关于召开公司 2025 年第二次临时股东会的议案》，决定于 2025 年 10 月 13 日（星期一）召开公司 2025 年第二次临时股东会。 3、会议召开的合法、合规性：董事会召开本次股东会会议符合《中华人民 共和国公司法》《中华人民共和国证券法》《深圳证券交易所创业板股票上 ...

Core Viewpoint - The company, Gaoxin Technology (300098), announced that it has no overdue external guarantees, no litigation-related guarantee amounts, and no losses due to guarantee judgments, nor has it provided guarantees for shareholders, actual controllers, or their related parties [1] Summary by Categories - **Guarantee Status** - The company has no overdue external guarantees [1] - There are no amounts related to guarantees involved in litigation [1] - The company has not incurred any losses due to guarantee judgments [1] - **Related Party Transactions** - The company has not provided any guarantees for shareholders, actual controllers, or their related parties [1]