| 证券代码：300263 | 证券简称：隆华科技 公告编号：2025－036 | | --- | --- | | 债券代码：123120 | 债券简称：隆华转债 | 隆华科技集团（洛阳）股份有限公司 1、审议通过《关于提前赎回隆华转债的议案》 因公司股票自 2025 年 7 月 21 日至 2025 年 8 月 8 日已有十五个交易日的收盘 价格高于当期转股价格（6.10 元/股）的 130%（即 7.93 元/股），触发了《隆华科技 集团（洛阳）股份有限公司向不特定对象发行可转换公司债券并在创业板上市募集 说明书》约定的有条件赎回条款，为降低公司财务费用及资金成本，经审慎考虑， 公司董事会同意行使"隆华转债"提前赎回权，并授权公司管理层负责后续"隆华 转债"赎回的全部相关事宜。 《关于提前赎回隆华转债的公告》详见中国证监会指定的创业板信息披露网 站。 表决结果：同意 9 票，反对 0 票，弃权 0 票。 第六届董事会第六次会议决议公告 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。 一、董事会会议召开情况 隆华科技集团（洛阳）股份有限公司（以下简称"公司" ...

Core Insights - The condenser industry is a key component in energy conversion and thermal management, experiencing rapid growth since the late 20th century due to China's economic expansion [1][4] - The market size for condensers in China is projected to reach 7.693 billion yuan in 2024, an increase of 663 million yuan from 2023, with an estimated size of approximately 8.98 billion yuan in 2025 [4][6] - The market share of different types of condensers in China includes approximately 33% for water-cooled condensers, 38% for air-cooled condensers, and 24% for evaporative condensers, with the latter gaining traction due to its water and energy-saving advantages [6][1] Industry Overview - The condenser industry is defined as a critical device for heat exchange in refrigeration and heat pump systems, with applications in industrial cooling, energy recovery, and more [2][4] - The industry is categorized into three main types: water-cooled, air-cooled, and evaporative condensers, each with distinct operational characteristics and efficiencies [2][3] Market Dynamics - The growth of the condenser market is driven by factors such as industrialization, demand for building air conditioning, and cold chain logistics [4][1] - The industry is currently in a phase of steady growth, supported by the recovery of industrial refrigeration demand and advancements in energy efficiency [16][4] Competitive Landscape - The Chinese condenser market is characterized by a large number of small-scale manufacturers, resulting in low industry concentration, with a few companies holding significant market share [10][12] - Key players in the industry include Bond Shares, Yinte Technology, and several others, with varying degrees of market presence and product offerings [10][12][14] Company Performance - Yinte Technology reported a revenue of 525 million yuan and a net profit of 59 million yuan for 2024 [12] - Bond Shares achieved a revenue of 327 million yuan for its condensers in 2024, reflecting a 13 million yuan increase from 2023, with a gross margin of 39.53% [14] Future Trends - The condenser industry is expected to evolve towards energy efficiency, environmental sustainability, and digitalization, driven by global economic growth and rising living standards [16][1]

金融界消息 截至2025年8月4日收盘，隆华科技（300263）报收于9.34元，上涨7.11%，换手率10.31%， 成交量87.09万手，成交金额8.02亿元。 天眼查商业履历信息显示，隆华科技集团(洛阳)股份有限公司，成立于1995年，位于洛阳市，是一家以 从事通用设备制造业为主的企业。企业注册资本90433.3567万人民币，实缴资本5000万人民币。公司法 定代表人为李占强。 通过天眼查大数据分析，隆华科技集团(洛阳)股份有限公司共对外投资了26家企业，参与招投标项目 697次，知识产权方面有商标信息2条，专利信息364条，此外企业还拥有行政许可234个。 来源：金融界 资金流向方面，今日主力资金净流入1.31亿元，占比成交额16.33%。其中，超大单净流入9225.16万 元、占成交额11.51%，大单净流入3865.06万元、占成交额4.82%，中单净流出流出6051.10万元、占成 交额7.55%，小单净流出7039.12万元、占成交额8.78%。 隆华科技最新一期业绩显示，截至2025一季报，公司营业总收入6.39亿元、同比减少0.46%，归属净利 润4499.01万元，同比减少18.11% ...

Core Viewpoint - The company, Longhua Technology Group, has indicated that its stock price has been above 130% of the current conversion price of its convertible bonds for 10 consecutive trading days, which may trigger the conditional redemption clause of the bonds [1][6]. Group 1: Convertible Bond Issuance and Listing - The company issued 7,989,283 convertible bonds at a total value of 798.9283 million yuan, with each bond having a face value of 100 yuan, approved by the China Securities Regulatory Commission [2]. - The convertible bonds were listed on the Shenzhen Stock Exchange on August 23, 2021, under the name "Longhua Convertible Bonds" and the code "123120" [2]. - The conversion period for the bonds started on February 7, 2022, and will end on July 29, 2027 [2]. Group 2: Conversion Price Adjustments - The conversion price was adjusted from 7.73 yuan to 7.75 yuan on August 2, 2022, and further adjusted to 6.15 yuan on September 13, 2024 [3][4][5]. Group 3: Conditional Redemption Clause - The conditional redemption clause allows the company to redeem all or part of the unconverted bonds if the stock price remains above 130% of the conversion price for at least 15 out of 30 consecutive trading days or if the unconverted balance falls below 30 million yuan [5][6]. - The company will convene a board meeting to decide on the redemption if the conditions are met and will fulfill its information disclosure obligations [6].

| 证券代码：300263 | 证券简称：隆华科技 公告编号：2025－035 | | --- | --- | | 债券代码：123120 | 债券简称：隆华转债 | 隆华科技集团（洛阳）股份有限公司 关于隆华转债可能满足赎回条件的提示性公告 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： 自 2025 年 7 月 21 日至 2025 年 8 月 1 日，隆华科技集团（洛阳）股份有限公司 （以下简称"公司"）股票价格已有 10 个交易日的收盘价格不低于"隆华转债"当 期转股价格（6.10 元/股）的 130%（即 7.93 元/股），后续可能会触发有条件赎回条 款。 根据《隆华科技集团（洛阳）股份有限公司向不特定对象发行可转换公司债券 并在创业板上市募集说明书》（以下简称"《募集说明书》"）中有条件赎回条款相关 约定，若在未来触发"隆华转债"的有条件赎回条款，届时公司董事会有权决定按 照债券面值加当期应计利息的价格赎回全部或部分未转股的"隆华转债"。公司将在 触发"隆华转债"有条件赎回条款的当日召开董事会审议是否赎回"隆华转债"，并 及时履行信息 ...

Core Viewpoint - Silver alloy target materials are crucial conductive materials in semiconductor integrated circuits, with increasing demand driven by the growth of high-end electronic products and advancements in semiconductor technology [1][5][18]. Group 1: Market Overview - The market size for silver-based alloy targets in China is projected to reach approximately 135 million yuan in 2024, with a total consumption of 22.38 tons, and is expected to grow to 160 million yuan and 26.89 tons in 2025 [1][5][7]. - The G6.0 generation line is the primary consumer of silver alloy targets, utilizing 19.22 tons in 2024, which is expected to increase to about 23.56 tons in 2025 [7][18]. Group 2: Industry Chain - The upstream of the silver alloy target industry includes high-purity silver and alloy materials, involving silver mining and high-purity metal refining [9]. - The midstream consists of the manufacturing of silver alloy targets, which are widely used in high-end manufacturing sectors such as semiconductors, OLED displays, and energy industries [9][11]. Group 3: Production Process - The manufacturing process of silver alloy targets involves raw material purification, alloy melting, casting, forging, rolling, heat treatment, and machining, with impurity content and microstructure being critical factors affecting target quality [11][18]. Group 4: Competitive Landscape - The silver alloy target market is dominated by foreign companies, with Japan's Mitsubishi holding over 50% of the market share in 2024, followed by South Korea's LT at 34.95% and Germany's Materion at 6.8% [13][15]. - Domestic companies such as Fujian Astone and Shenzhen Top New Materials are in the early stages of research and development, focusing on alloying and preparation process control [15][18]. Group 5: Patent Technology - Various companies are developing innovative technologies for silver alloy targets, including methods to enhance mechanical properties and corrosion resistance through specific alloying elements [17]. Group 6: Industry Development Trends - The silver alloy target industry is characterized by high technical barriers and significant potential for domestic substitution, as China gradually advances in research and innovation in this field [18][20].

Market Performance - The general equipment sector increased by 0.19% on July 29, with Jikang Technology leading the gains [1] - The Shanghai Composite Index closed at 3609.71, up 0.33%, while the Shenzhen Component Index closed at 11289.41, up 0.64% [1] Top Gainers - Jikang Technology (code: 830879) closed at 37.66, up 20.36% with a trading volume of 242,000 shares and a transaction value of 818 million [1] - Haichang New Materials (code: 300885) closed at 20.51, up 20.01% with a trading volume of 291,100 shares and a transaction value of 553 million [1] - Hexin Instruments (code: 688622) closed at 96.02, up 20.00% with a trading volume of 28,600 shares and a transaction value of 258 million [1] Top Losers - Lilang New Materials (code: 836807) closed at 19.90, down 3.86% with a trading volume of 174,000 shares and a transaction value of 350 million [2] - Kaile Shares (code: 301070) closed at 44.36, down 3.57% with a trading volume of 61,000 shares and a transaction value of 271 million [2] - Chuanrun Shares (code: 002272) closed at 11.30, down 3.50% with a trading volume of 538,100 shares and a transaction value of 610 million [2] Capital Flow - The general equipment sector experienced a net outflow of 1.245 billion from institutional investors and a net outflow of 184 million from speculative funds, while retail investors saw a net inflow of 1.429 billion [2] - Specific stocks like Haichang New Materials had a net inflow of 862.55 million from institutional investors, while it faced a net outflow of 501.02 million from speculative funds [3]

Core Points - The announcement details the interest payment for the "Longhua Convertible Bonds" for the year 2025, with a total interest of RMB 16.00 per bond, including tax [1][6] - The bonds were issued on July 30, 2021, with a total issuance amount of RMB 798.9283 million, and are set to mature on July 29, 2027 [2][3] - The bonds have a fixed interest rate structure, with the first-year rate at 0.40%, increasing to 1.60% in the fourth year [3][5] Summary by Sections Bond Issuance Details - The "Longhua Convertible Bonds" are convertible into the company's A-shares and are listed on the Shenzhen Stock Exchange [2] - The total amount raised from the bond issuance is RMB 798.9283 million, with each bond having a face value of RMB 100 [2][3] - The bonds have a maturity period of six years from the issuance date [2] Interest Payment Information - The interest payment for the current period is set at RMB 16.00 per bond, which is subject to a 20% withholding tax for individual bondholders [6][7] - The interest payment date is scheduled for July 30, 2025, with the record date for interest entitlement being July 29, 2025 [6][7] - The company will delegate the payment process to the China Securities Depository and Clearing Corporation [6] Taxation and Compliance - Individual bondholders are responsible for paying the applicable income tax on the interest earned, while foreign institutional investors are exempt from certain taxes until the end of 2025 [7] - The bonds do not provide any guarantees, and the issuer's credit rating is AA- with a stable outlook [5]

| 证券代码：300263 | 证券简称：隆华科技 | 公告编号：2025－034 | | --- | --- | --- | | 债券代码：123120 | 债券简称：隆华转债 | | 隆华科技集团（洛阳）股份有限公司 关于隆华转债 2025 年付息的公告 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、"隆华转债"将于 2025 年 7 月 30 日按面值支付第四年利息，每 10 张"隆 华转债"（面值 1,000.00 元）利息为 16.00 元（含税）。 2、债权登记日：2025 年 7 月 29 日 3、除息日：2025 年 7 月 30 日 4、付息日：2025 年 7 月 30 日 5、本次付息期间及票面利率：计息期间为 2024 年 7 月 30 日至 2025 年 7 月 29 日，票面利率为 1.60%。 6、"隆华转债"本次付息的债权登记日为 2025 年 7 月 29 日，凡在 2025 年 7 月 29 日（含）前买入并持有本期债券的投资者享有本次派发的利息，2025 年 7 月 29 日卖出本期债券的投资者不享有本次 ...

Group 1 - Longhua Technology Group (Luoyang) Co., Ltd. has applied for a patent for a "Composite Mixed Flow Air Cooler with Spike Device" with publication number CN120333187A, filed on June 2025 [1] - The patent involves a heat exchange device with multiple operational modes, including peak operation mode, summer operation mode, spring and autumn joint operation mode, water stop operation mode, and anti-freeze mode, catering to various usage scenarios [1] - The invention features innovative technologies such as mixed flow droplet cooling condensation technology and condensation recovery reheating technology, achieving multiple functions including water saving, energy saving, and fog elimination [1] Group 2 - Longhua Technology Group (Luoyang) Co., Ltd. was established in 1995 and is primarily engaged in general equipment manufacturing, with a registered capital of 904.33 million RMB [2] - The company has invested in 26 enterprises and participated in 694 bidding projects, holding 364 patents and 2 trademark registrations [2] - Longhua Technology (Luoyang) Equipment Co., Ltd. was founded in 2025, focusing on metal products with a registered capital of 10 million RMB and holding 2 patents [2]