Core Viewpoint - Xingxing Technology (300256.SZ) has announced the launch of new products in certain production lines in Jiangxi and Guangxi, indicating a proactive approach to meet regional market demands and adjust production plans accordingly [1] Group 1 - The company is actively updating its product lines with new offerings [1] - Production plans will be dynamically adjusted based on regional market needs and capacity planning [1]

Company Overview - Star Technology Co., Ltd. is located in Taizhou Bay New District, Zhejiang Province, and was established on September 25, 2003. The company went public on August 19, 2011. Its main business includes the research and manufacturing of protective screens for mobile phones and tablets, touch display modules, and high-precision structural components for smart consumer electronics [1][2]. Financial Performance - For the period from January to September 2025, Star Technology achieved operating revenue of 1.213 billion yuan, representing a year-on-year growth of 41.32%. However, the net profit attributable to the parent company was a loss of 5.66 million yuan, although this reflects a year-on-year improvement of 95.57% [2]. - As of October 28, the company's stock price increased by 2.16% to 4.26 yuan per share, with a total market capitalization of 9.663 billion yuan. The stock has seen a decline of 2.74% year-to-date, but a recent increase of 4.16% over the last five trading days [1]. Shareholder Information - As of September 30, 2025, the number of shareholders for Star Technology was 93,800, a decrease of 8.27% from the previous period. The average number of circulating shares per person increased by 48.82% to 23,904 shares [2]. - The company has distributed a total of 62.4193 million yuan in dividends since its A-share listing, with no dividends paid in the last three years [3]. Stock Trading Activity - On October 28, the net inflow of main funds was 6.8532 million yuan, with large orders accounting for 20.80% of purchases and 16.63% of sales. The trading volume reached 132 million yuan, with a turnover rate of 1.40% [1].

Core Viewpoint - Star Technology (300256.SZ) reported its Q3 2025 results, highlighting a significant presence of institutional investors holding 12.06 billion shares, which accounts for 53.14% of the total share capital, although this represents a decrease of 4.82 percentage points from the previous quarter [1] Institutional Holdings - As of October 27, 2025, six institutional investors disclosed their holdings in Star Technology, with a total shareholding of 12.06 billion shares [1] - The institutional investors include Zhejiang Lema Technology Co., Ltd., Pingxiang Fantai Network Technology Co., Ltd., Jiangxi Star Technology Co., Ltd. bankruptcy asset disposal special account, Shenzhen Zhongxiang Travel Technology Co., Ltd., Hong Kong Central Clearing Limited, and Star Group Limited [1] - The total proportion of institutional holdings decreased by 4.82 percentage points compared to the previous quarter [1] Public Fund Participation - In this reporting period, seven public funds were not disclosed compared to the previous quarter, including GF National Index 2000 ETF, Minsheng Jia Yin National Index 2000 Enhanced A, Tianhong National Index 2000 Enhanced A, Huaxia Growth Enterprise Board Comprehensive ETF, and Ping An National Index 2000 ETF [1] Foreign Investment Trends - One foreign fund, Hong Kong Central Clearing Limited, increased its holdings by 0.48% compared to the previous period [1] - Barclays Bank PLC was noted as a foreign institution that was not disclosed in this reporting period [1]

Core Viewpoint - Star Technology reported a significant increase in revenue for the first three quarters of 2025, but still faced net losses, indicating potential challenges in profitability despite revenue growth [1][2]. Financial Performance - The company's revenue for the first three quarters reached 1.213 billion yuan, a year-on-year increase of 41.32% [1]. - The net profit attributable to shareholders was -5.66 million yuan, an increase of 95.57% year-on-year, while the net profit excluding non-recurring items was -50.77 million yuan, up 62.29% year-on-year [1]. - Basic earnings per share stood at -0.00 yuan [2]. - The gross margin for the first three quarters was 11.13%, up 0.72 percentage points year-on-year, while the net margin was -0.47%, an increase of 14.53 percentage points compared to the same period last year [2]. Quarterly Insights - In Q3 2025, the gross margin was 12.55%, a year-on-year increase of 2.58 percentage points and a quarter-on-quarter increase of 1.26 percentage points [2]. - The net margin for Q3 was 0.74%, up 16.76% year-on-year and up 1.29 percentage points from the previous quarter [2]. Expense Management - Total operating expenses for the period were 159 million yuan, a decrease of 37.90 million yuan year-on-year, with an expense ratio of 13.13%, down 9.84 percentage points year-on-year [2]. - Sales expenses increased by 24.44% year-on-year, while management expenses decreased by 43.87%, R&D expenses decreased by 5.50%, and financial expenses increased by 118.12% [2]. Shareholder Information - As of the end of Q3 2025, the total number of shareholders was 93,800, a decrease of 8,463 (8.27%) from the end of the previous half-year [2]. - The average market value per shareholder increased from 94,200 yuan at the end of the previous half-year to 105,400 yuan, an increase of 11.84% [2]. Company Overview - Jiangxi Star Technology Co., Ltd. is located in Taizhou, Zhejiang Province, and was established on September 25, 2003, with its listing date on August 19, 2011 [3]. - The company's main business includes the R&D and manufacturing of protective screens for mobile phones and tablets, as well as high-precision structural components for smart consumer electronics [3]. - The revenue composition includes electric bicycles (29.12%), electric motorcycles (18.53%), structural components (12.93%), electric vehicle parts (12.90%), touch display components (12.86%), protective screens (12.66%), and others (1.00%) [3].

Financial Performance - The company's revenue for Q3 2025 reached ¥506,305,991.45, representing a 44.49% increase compared to the same period last year[5] - The net profit attributable to shareholders was ¥3,701,732.68, a significant increase of 106.66% year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥2,090,769.73, up 104.18% from the previous year[5] - The company's basic earnings per share were ¥0.0016, an increase of 108.16% compared to the same period last year[5] - The revenue for the year-to-date reached ¥1,212,676,302.85, marking a 41.32% increase from the previous year[10] - Total operating revenue for the current period reached ¥1,212,676,302.85, an increase from ¥858,133,305.07 in the previous period, representing a growth of approximately 41.2%[21] - The net loss for the current period was ¥5,664,136.58, compared to a net loss of ¥128,702,768.81 in the previous period, showing a significant reduction in losses[22] - The basic and diluted earnings per share were both -0.0025, compared to -0.0563 in the previous period, indicating an improvement in earnings performance[23] Assets and Equity - The total assets at the end of the reporting period amounted to ¥1,705,987,168.47, reflecting an 8.55% increase from the end of the previous year[5] - The company's total equity attributable to shareholders increased by 27.65% to ¥928,032,953.01 compared to the previous year[5] - Total current assets as of September 30, 2025, amount to CNY 972,028,107.04, up from CNY 871,473,159.80 at the beginning of the period[19] - The total assets increased to ¥1,705,987,168.47 from ¥1,571,582,309.61, reflecting a growth of approximately 8.5%[21] - The total equity attributable to shareholders of the parent company rose to ¥928,032,953.01 from ¥727,024,147.72, marking an increase of approximately 27.6%[21] Cash Flow - Cash flow from operating activities showed a net increase of ¥188,238,155.82, a remarkable growth of 258.79% year-on-year[12] - Operating cash flow for the current period was ¥188,238,155.82, a significant increase from ¥52,464,231.25 in the previous period, representing a growth of approximately 258.3%[24] - Total cash inflow from operating activities reached ¥1,423,812,794.09, compared to ¥1,226,649,220.42 in the prior period, indicating an increase of about 16.1%[24] - Cash outflow from operating activities was ¥1,235,574,638.27, up from ¥1,174,184,989.17, reflecting a rise of approximately 5.2%[24] - The cash and cash equivalents at the end of the period amounted to ¥289,160,152.84, down from ¥446,781,469.93 in the previous period[25] Investment Activities - The investment income surged by 2937.40% to ¥26,937,726.93, primarily due to debt restructuring gains and investment income from financial products[10] - The company reported an investment income of ¥26,937,726.93, a significant increase from ¥886,868.39 in the previous period[22] - Net cash flow from investing activities was -¥185,353,271.09, worsening from -¥135,153,073.40 in the previous period[25] - Cash inflow from investment activities totaled ¥552,794,093.55, a substantial increase from ¥64,834,179.47 in the prior period[25] - Cash outflow from investment activities increased to ¥738,147,364.64 from ¥199,987,252.87, marking a rise of approximately 269.5%[25] Shareholder Information - Total number of common shareholders at the end of the reporting period is 93,847[14] - The largest shareholder, Zhejiang LIMA Technology Co., Ltd., holds 26.45% of shares, totaling 600,000,000 shares[14] - The second-largest shareholder, Pingxiang Fantai Network Technology Co., Ltd., holds 18.88% of shares, totaling 428,338,870 shares[14] Other Financial Metrics - Research and development expenses for the current period were ¥42,546,884.71, slightly down from ¥45,024,505.45 in the previous period[21] - The deferred income tax assets increased to ¥18,370,981.51 from ¥15,993,131.52, reflecting a growth of approximately 14.8%[21] - The company confirmed an increase in net assets by CNY 100 million due to a debt transfer agreement with Jiangxi Province Huiyikang Trading Co., Ltd.[17] - The sale of 100% equity in wholly-owned subsidiary Jiangxi Yihong Electronics Technology Co., Ltd. increased net assets by CNY 102 million[17]

上海璟和律师事务所 关于江西星星科技股份有限公司 2025 年第五次临时股东大会的法律意见书 致：江西星星科技股份有限公司 江西星星科技股份有限公司（以下简称"公司"）2025 年第五次临时股东 大会于 2025 年 10 月 27 日（星期一）14:30 在浙江省台州市台州湾新区三甲街 道甲南大道 3505 号二楼会议室如期召开。上海璟和律师事务所经公司聘请，委 派徐志祥律师、梅彦律师列席现场会议，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》"）等有关法律、行政法规、部门规章、规范性文件以及《江西星星科技 股份有限公司章程》（以下简称"《公司章程》"）、《江西星星科技股份有 限公司股东大会议事规则》（以下简称"《议事规则》"）的规定，就本次股 东大会的召集和召开程序、召集人及出席会议人员的资格、会议议案、表决方 式和表决程序、表决结果和会议决议等出具本法律意见书。 在本法律意见书中，本所律师仅对本次股东大会的召集和召开程序、出席 会议人员的资格、召集人资格、会议表决程序及表决结果是否符合《公司法》 《股东会规则》《公司章程》以及《议事规则》的规 ...

证券代码：300256 证券简称：星星科技 公告编号：2025-057 江西星星科技股份有限公司 2025年第五次临时股东大会决议公告 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的情形。 2、本次股东大会不涉及变更前次股东大会决议的情形。 （二）现场会议召开地点：浙江省台州市台州湾新区三甲街道甲南大道 3505 号 二楼会议室。 （三）会议方式：本次股东大会采取现场表决与网络投票相结合的方式。 （四）召集人：公司董事会 （五）主持人：董事长应光捷先生 （六）会议的召集、召开符合《公司法》《上市公司股东大会规则》等法律法规 和《公司章程》的规定。 一、会议召开和出席情况 （一）会议召开时间： 1、现场会议召开时间：2025 年 10 月 27 日（星期一）14:30； 2、网络投票时间：2025 年 10 月 27 日。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 10 月 27 日 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进行 ...

Core Viewpoint - Star Technology's stock price has shown fluctuations, with a current price of 4.08 CNY per share, reflecting a year-to-date decline of 6.85% and a recent increase of 0.74% over the last five trading days [1] Company Overview - Star Technology, established on September 25, 2003, and listed on August 19, 2011, is located in Taizhou Bay New District, Zhejiang Province. The company specializes in the research and manufacturing of protective screens and touch display modules for mobile phones and tablets, as well as high-precision structural components for smart consumer electronics [1] - The company's revenue composition includes: electric bicycles (29.12%), electric motorcycles (18.53%), structural components (12.93%), electric vehicle parts (12.90%), touch display products (12.86%), protective screens (12.66%), and others (1.00%) [1] Financial Performance - As of June 30, 2025, Star Technology reported a revenue of 706 million CNY, representing a year-on-year growth of 65.17%. However, the net profit attributable to the parent company was -9.36 million CNY, showing a year-on-year increase of 87.97% in losses [2] - The company has distributed a total of 62.42 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [3] Shareholder Information - As of June 30, 2025, the number of shareholders for Star Technology was 102,300, a decrease of 14.26% from the previous period. The average number of circulating shares per person increased by 16.64% to 16,062 shares [2] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 9.503 million shares, an increase of 1.576 million shares compared to the previous period [3]

Core Viewpoint - The company is focusing on the development of AR glasses technology, particularly its coating technology, which is currently applied to AR glasses but has a limited impact on overall performance [2]. Group 1: Technology and Product Development - The company's AR glasses coating technology is primarily used in AR glasses [2]. - Current AR product offerings have a minimal impact on the company's financial performance [2]. Group 2: Market Demand and Orders - There is a strong demand for AR glasses in foreign markets, leading to a supply shortage [2]. - The company is considering increasing investment in the development of components and technology for AI/AR glasses [2].

Company Overview - Xingxing Technology (SZ 300256) announced on October 10 that its fifth board meeting will be held on October 10, 2025, to discuss the proposal for changing the accounting firm [1] - As of the report, Xingxing Technology has a market capitalization of 9.5 billion yuan [1] Revenue Composition - For the year 2024, the revenue composition of Xingxing Technology is as follows: the electronic device industry accounts for 52.54%, while the electric two-wheeler industry accounts for 47.46% [1]