Industry Overview - The PET copper foil sector is experiencing active performance, with notable stock increases for companies like Nord Shares and Yinglian Shares [1] - PET copper foil utilizes a "sandwich" structure, incorporating high polymer materials like PET as the intermediate substrate, with metal layers deposited on both sides, representing dual innovation in materials and production processes [1] - The main new technology routes for composite copper foil include one-step and two-step methods, with the one-step chemical deposition wet method showing significant advantages in production costs and fixed asset investment, as well as high product yield [1] - The rapid development of downstream industries such as new energy vehicles and energy storage is driving continuous demand for high-performance battery materials [1] Market Potential - As a lithium battery anode collector material, PET copper foil can reduce battery weight and enhance energy density, leading to an expanding market demand [1] - According to Chuan Cai Securities, if the penetration rate of composite copper foil reaches 20% by 2025, with global lithium battery shipments reaching 2000 GWh, the market space for PET composite copper foil is expected to reach 26.8 billion yuan by 2025 [1] Company Insights - Citic Securities anticipates a "stable growth period" for the composite collector industry from the second half of 2023 to the first half of 2024, marking it as the best allocation period for the industry [2] - Guojin Securities believes that composite copper foil is a rare and highly potential new direction in lithium battery materials, expected to see explosive growth by 2025 [2] - Baoming Technology has a production yield of approximately 80% for its lithium battery composite copper foil products, which are currently undergoing sample certification [2] - Nord Shares focuses on the research, production, and sales of electrolytic copper foil for lithium-ion batteries, and is also developing composite foil materials [2] - Yinglian Shares has three production lines for composite copper foil, with one line already in operation and two additional water plating lines under commissioning [2] - Zhongyi Technology is in the process of constructing a PET copper foil production line and supplies lithium battery copper foil and standard copper foil to a subsidiary of CATL [2] - Tongguan Copper Foil is engaged in ongoing research for PET copper foil, with a focus on high-precision electronic copper foil manufacturing [3] - Defu Technology is in the pilot testing stage for a new coating process aimed at large-scale production of high-quality composite copper foil [3] - Jingwei Huikai plans to invest in a composite copper (aluminum) foil manufacturing project in the Dafeng Economic Development Zone [4] - Guanghua Technology's chemicals are utilized in both one-step and two-step processes for PET composite copper foil, with a unit value of approximately 1.5 yuan [4]

Core Viewpoint - The company, Jingwei Huikai, announced the sale of its wholly-owned subsidiary, Changsha Yushun Display Technology Co., Ltd., to Huanuo Xingkong Technology Co., Ltd. for a total consideration of approximately 112 million yuan, which aims to enhance asset operation efficiency and sustainable development capabilities [1][3]. Summary by Sections Transaction Details - Huanuo Xingkong will acquire 100% of Changsha Yushun through a cash payment, with a total payment of 112,036,753.68 yuan. Additionally, Changsha Yushun owes Jingwei Huikai's subsidiary, Xinhui Kai Technology (Shenzhen) Co., Ltd., 27,963,246.32 yuan, leading to a combined payment of approximately 140 million yuan to Jingwei Huikai and Xinhui Kai [2][3]. Company Profile - Changsha Yushun was established in 2007, focusing on the research, production, and sales of LCD displays and electronic products, among other activities. Huanuo Xingkong's business scope includes intelligent building systems design, civil aircraft parts design and production, software development, and various technology services [3]. Financial Performance - In 2024, Jingwei Huikai reported a revenue of 3.261 billion yuan, a year-on-year decrease of 5.03%. However, the net profit attributable to shareholders increased significantly by 107.42% to 21.457 million yuan. In Q1 2025, the revenue was 587 million yuan, down 23.37%, with a net profit of 12.818 million yuan, a decline of 59.30%, primarily due to a one-time gain from land transfer in the previous year [5].

Group 1 - Banqiao Qiancheng signed a significant contract with Mango Film and Television for a total amount of 372 million yuan, accounting for 50.65% of the company's audited main business income for 2024 [1] - The contract allows Mango Film and Television to use the new media and traditional media broadcasting rights for related film and television works globally, positively impacting Banqiao Qiancheng's financial status and operating performance in 2025 and beyond [1] - Jingwei Huikai plans to sell its wholly-owned subsidiary Changsha Yushun for 112 million yuan, which will no longer be included in the consolidated financial statements after the transaction [1] Group 2 - Minsheng Health's subsidiary received a patent for a strain of lactic acid bacteria that significantly improves sarcopenic obesity, although it has not yet been applied to the company's products [2] - Dafu Technology intends to transfer 27% of its subsidiary Shenzhen Peitian Intelligent Manufacturing Equipment Co., Ltd. for 192 million yuan, maintaining a controlling stake post-transaction [3] - Feilong Co. received orders for high-power electronic water pumps for data centers from a well-known global power electronics provider [4] Group 3 - Yatai Co. was selected as a supplier for a foreign brand's EPB project, with a total sales amount of approximately 680 million yuan over a five-year lifecycle [5] - Gansu Energy's 1 million kilowatt wind-solar integrated project has received approval, representing over 10% of the company's installed capacity by the end of 2024 [6] - Jilin Aodong's subsidiary received approval for a drug supplement application for "Tang Le Capsule," used to treat symptoms related to diabetes [7] Group 4 - Shanshui Technology plans to invest 6 billion yuan in a new chemical materials project, expected to generate an annual output value of 8 billion yuan upon completion [8] - Dazhu CNC's H-share issuance application has been accepted by the China Securities Regulatory Commission [9] - Zhujiang Beer announced the resignation of its chairman due to retirement age, with a new chairman elected on the same day [10] Group 5 - Longkun Technology won a bid for a waste collection service project worth 21.57 million yuan, with a service period of one year [11] - Zhongnan Culture plans to provide financial support of up to 20 million yuan to its subsidiary for daily operational needs [12] - Shangfeng Cement's investment in a company applying for an IPO on the Sci-Tech Innovation Board has been accepted [13] Group 6 - Chuanheng Co. received a patent for a system and method for harmless treatment of phosphorus tailings [14] - Toukeng Life's seven medical device registration applications have been accepted, covering various diagnostic fields [15] - Xingqi Eye Medicine's clinical trial for a new eye gel has commenced with the first subject enrolled [16] Group 7 - Jiebang Technology plans to provide financial support of up to 60 million yuan to its subsidiary for operational needs [17] - Shenzhen Airport reported a passenger throughput of 5.54 million in May, a year-on-year increase of 15.67% [18] - Wan'an Technology received a cash dividend of 30 million yuan from its wholly-owned subsidiary [19] Group 8 - Jiuchuan Bio received a medical device registration certificate for a cystatin C assay kit [20] - Hongqiang Co. obtained a safety production license for its subsidiary, marking the official production of a new project [21] - Xiangtan Electric plans to issue convertible bonds totaling 487 million yuan [22] Group 9 - Guangwei Composite signed a supplementary material procurement contract worth 658 million yuan [23] - Jichuan Pharmaceutical announced a comprehensive tender offer starting June 18, with a price of 26.93 yuan per share [24] - Aerospace Rainbow plans to distribute cash dividends of 0.60 yuan per share [25] Group 10 - Industrial Bank plans to distribute cash dividends of 1.06 yuan per share, totaling 22.433 billion yuan [26] - China Automotive Research will repurchase and cancel 230,800 restricted shares due to the retirement of original incentive objects [27] - Annie Co. announced abnormal stock trading fluctuations but confirmed no significant changes in its operations [28] Group 11 - Giant Network confirmed no undisclosed significant matters following abnormal stock trading fluctuations [29]

经纬辉开（300120）公告，公司拟出售全资子公司长沙宇顺100%股权，交易受让方为华诺星空。交易 价格为1.12亿元，股权转让款全部支付完毕后十个工作日内，由长沙宇顺向新辉开支付应付款项2796.32 万元，即华诺星空合计向公司及新辉开支付1.4亿元。交易完成后，长沙宇顺将不再纳入公司合并报表 范围。 ...

证券代码：300120 证券简称：经纬辉开 公告编号：2025-19 本项表决情况：同意 3 票，反对 0 票，弃权 0 票。 特此公告。 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。 天津经纬辉开光电股份有限公司（以下称"公司"）第六届监事会第九次会 议于北京时间2025年6月16日15:00以现场方式召开。会议通知于2025年6月11日 以邮件方式送达了全体监事。会议由监事会主席杨深钦先生主持，应出席监事3 名，实际出席监事3名。会议的通知、召集、召开和表决程序符合《公司法》和 《公司章程》的有关规定。会议通过投票表决的方式，审议并通过了以下议案： 一、审议通过了《关于拟出售全资子公司股权的议案》 为优化公司资产结构，提高资产运营效率，促进公司高质量发展，公司拟出 售全资子公司长沙市宇顺显示技术有限公司 100%股权，本次交易的受让方为华 诺星空技术股份有限公司。本次交易完成后公司不再持有长沙宇顺股权，其将不 再纳入公司合并报表范围。 本次交易符合国家相关法律法规及规范性文件的规定，符合公司的长期发展 战略，不存在损害公司和股东利益的行为。 天津经纬辉开 ...

证券代码：300120 证券简称：经纬辉开 公告编号：2025-18 天津经纬辉开光电股份有限公司 第六届董事会第十次会议决议公告 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。 天津经纬辉开光电股份有限公司（以下称"公司"）第六届董事会第十次会 议于北京时间2025年6月16日14:30以现场与网络通讯相结合的方式召开。会议通 知于2025年6月11日以邮件方式送达了全体董事。会议由董事长陈建波先生主持， 应出席董事9名，实际出席董事9名。公司监事会成员、高级管理人员列席了本次 会议。会议的通知、召集、召开和表决程序符合《公司法》和《公司章程》的有 关规定。会议通过投票表决的方式，审议并通过了以下议案： 一、审议通过了《关于拟出售全资子公司股权的议案》 为优化公司资产结构，提高资产运营效率，促进公司高质量发展，公司拟出 售全资子公司长沙市宇顺显示技术有限公司 100%股权，本次交易的受让方为华 诺星空技术股份有限公司。本次交易完成后公司不再持有长沙宇顺股权，其将不 再纳入公司合并报表范围。 《关于公司拟出售全资子公司股权的公告》详见中国证监会创业板指定的信 ...

证券代码：300120 证券简称：经纬辉开 公告编号：2025-20 天津经纬辉开光电股份有限公司 关于公司拟出售全资子公司股权的公告 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。 天津经纬辉开光电股份有限公司（以下简称"经纬辉开"或"公司"）于2025 年6月16日召开第六届董事会第十次会议，审议通过《关于拟出售全资子公司股 权的议案》，同意出售全资子公司长沙市宇顺显示技术有限公司（以下简称"长 沙宇顺"或"标的公司"）100%股权。 现将具体内容公告如下： 为优化公司资产结构，提高资产运营效率，促进公司高质量发展，公司拟出 售全资子公司长沙宇顺 100%股权，本次交易的受让方为华诺星空技术股份有限 公司（以下简称"华诺星空"或"受让方"）。 本次交易华诺星空以支付现金方式向公司承债式收购长沙宇顺 100%的股权。 截至本公告披露日，长沙宇顺应付公司全资子公司新辉开科技（深圳）有限公司 （以下简称"新辉开"）款项为人民币 27,963,246.32 元。本次交易，华诺星空 应向公司支付受让长沙宇顺 100%股权的价款为 112,036,753.68 元；股 ...

Group 1: Industry Outlook - The touch display and electromagnetic wire industries are relatively mature with high marketization, showing signs of weak recovery driven by the demand for smart devices due to advancements in AI and electric vehicles [1] - The electromagnetic wire industry is expected to expand due to power investment and clean energy development, supported by relevant policies [1] Group 2: Impact of Trade War - The trade war initiated by the U.S. has had a minimal overall impact on the company's business, as most products for the U.S. market are now produced in the Malaysian factory established in 2019, which achieved large-scale production in 2024 [2] Group 3: Growth Strategies - The company is focused on maintaining and developing existing domestic and international markets while exploring new markets and products to increase revenue [3] - By strategically transferring production capacity, the company aims to reduce production costs and mitigate the impact of U.S. tariffs [3] Group 4: Performance Enhancement Measures - The company plans to steadily advance new project construction, strengthen the market position of existing customers and products, and enhance the market share and influence of new products and technologies [4] - Efforts are being made to develop a second growth curve to provide returns to shareholders [4] Group 5: Stock Price Stability - Stock price fluctuations are influenced by various factors; the company continues to focus on its core business, increase R&D investment, and expand both domestic and international markets to enhance intrinsic and long-term investment value [5] Group 6: Corporate Restructuring and Acquisitions - The company is evaluating policies related to industry consolidation and will adhere to legal regulations regarding shareholder actions, ensuring timely information disclosure [6] - The acquisition of shares from Nuo Si Wei is ongoing, with the price influenced by multiple factors [11] Group 7: Project Updates - The Yancheng Dafeng copper foil project is actively being promoted, with no specific production capacity mentioned [7] - The U.S. electronic license plate project is progressing in collaboration with Reviver Mx, Inc. [9] - The RF module project has not yet reached mass production due to a cautious investment strategy influenced by macroeconomic conditions and market competition [13][14]

天津嘉德恒时律师事务所 关于天津经纬辉开光电股份有限公司 2024 年年度股东大会的 法律意见书 中国·天津 地址：天津市南市大街与福安大街交口保利国际广场9层 电话：86-22-83865255 传真：86-22-83865266 为出具本法律意见书之目的，本所律师审查了公司提供的有关文件，并取得 公司向本所作出的如下保证：公司已向本所提供了出具本法律意见书所必须的、 真实、完整的书面材料、副本材料、复印件或口头证言，不存在任何遗漏或隐瞒； 其所提供的文件及文件上的签名和印章均是真实的；其所提供的文件及所述事实 均真实、准确和完整。 本所及经办律师依据《证券法》、《律师事务所从事证券法律业务管理办法》 和《律师事务所证券法律业务执业规则（试行）》等规定及本法律意见书出具日 以前已经发生或者存在的事实，严格履行了法定职责，遵循了勤勉尽责和诚实信 用原则，进行了充分的核查验证，保证本法律意见所认定的事实真实、准确、完 整，所发表的结论性意见合法、准确，不存在虚假记载、误导性陈述或者重大遗 漏，并承担相应法律责任。 本所同意将本法律意见书作为本次股东大会的公告材料，随同其他会议文件 1 天津嘉德恒时律师事务所 法 ...

证券代码：300120 证券简称：经纬辉开 公告编号：2025-18 天津经纬辉开光电股份有限公司 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： 1、本次股东大会未出现否决议案情形。 2、本次股东大会未涉及变更前次股东大会决议。 一、会议召开和出席情况 （一）会议召开情况 1、会议召集人：天津经纬辉开光电股份有限公司（以下称"公司"）董事 会。 2、会议召开时间： （1）现场会议时间：2025年5月16日下午14:30。 （2）网络投票时间：通过深圳证券交易所交易系统进行网络投票的时间为 2025年5月16日的交易时间，即9:15-9:25，9:30-11:30 和13:00-15:00。通过深 圳证券交易所互联网系统投票的时间为2025年5月16日9:15-15:00期间的任意时 间。 3、现场召开地点：：深圳市龙岗区横岗街道力嘉路102号新辉开科技（深圳） 有限公司会议室 4、会议召开方式：本次会议采取现场投票和网络投票相结合的方式召开。 5、会议主持人：董事长陈建波先生 - 1 - 6、会议召开的合法、合规性 ...