Group 1 - The company, Longhua Technology, is committed to continuously monitoring the development trends of cutting-edge technologies in the industry [2] - The company aims to follow market changes and understand customer needs to enhance product planning [2] - The company plans to steadily advance the implementation of related businesses to provide returns to shareholders [2]

Group 1 - The core viewpoint of the article highlights that Longhua Technology's products are primarily used in industrial mother machines, industrial robots, and industrial automation [2]

Core Viewpoint - Longhua Technology (300263) has provided insights into its subsidiary, Fenglian Ke Optoelectronics, which specializes in high-purity metal target materials for various applications in the display panel and photovoltaic sectors [1] Product Overview - Fenglian Ke Optoelectronics' main products include high-purity molybdenum and molybdenum alloy targets for TFT-LCD/AMOLED, ITO targets, silver alloy targets, high-purity tungsten and tungsten alloy targets, and high-purity titanium [1] - The company also produces ultra-high-purity sputtering targets for semiconductor IC manufacturing, indicating a diverse product range tailored for advanced technology applications [1]

Group 1 - The company 隆华科技 (Longhua Technology) confirmed that its investment in 超同步 (Chao Tong) is related to the robotics industry chain [1] - 超同步's products are primarily used in industrial mother machines, industrial robots, and industrial automation [1]

Group 1 - The core point of the news is that Longhua Technology's stock price increased by 5.15% to 8.57 CNY per share, with a trading volume of 213 million CNY and a turnover rate of 2.62%, resulting in a total market capitalization of 8.87 billion CNY [1] - Longhua Technology Group, established on July 5, 1995, and listed on September 16, 2011, is located in Luoyang, Henan Province. The company specializes in electronic new materials, polymer composite materials, and energy-saving environmental protection [1] - The main business revenue composition includes: energy-saving heat exchange equipment (35.87%), target materials and ultra-high temperature special materials (26.91%), environmental water treatment product sales (13.49%), foam products and structural components (9.44%), extractants (8.76%), rail transit products (3.05%), sewage treatment (1.04%), others (0.89%), and environmental water treatment engineering contracting (0.55%) [1] Group 2 - From the perspective of major fund holdings, one fund under Jiao Yin Schroder holds Longhua Technology as a significant investment. The Jiao Yin CSI Environmental Governance Index (LOF) A (164908) held 418,500 shares in the second quarter, accounting for 2.09% of the fund's net value, ranking as the fourth-largest holding [2] - The Jiao Yin CSI Environmental Governance Index (LOF) A (164908) was established on July 19, 2016, with a current scale of 131 million CNY. Year-to-date returns are 17.26%, ranking 2793 out of 4220 in its category; the one-year return is 53.88%, ranking 1836 out of 3814; and since inception, it has a loss of 51.56% [2] - The fund manager of Jiao Yin CSI Environmental Governance Index (LOF) A (164908) is Shao Wenting, who has been in the position for 4 years and 149 days. The total asset scale is 12.623 billion CNY, with the best fund return during the tenure being 52.92% and the worst being -25.45% [3]

Group 1 - The core viewpoint of the news is that Longhua Technology's stock has shown fluctuations in price and trading volume, with a recent increase of 2.09% and a total market value of 8.32 yuan per share, amounting to 8.611 billion yuan [1] - As of June 30, 2025, Longhua Technology reported a revenue of 1.515 billion yuan, representing a year-on-year growth of 23.95%, and a net profit attributable to shareholders of 112 million yuan, with a growth of 5.83% [2] - The company has a diverse revenue structure, with the main business segments including energy-saving heat exchange equipment (35.87%), target materials and ultra-high temperature special materials (26.91%), and environmental water treatment products (13.49%) [1] Group 2 - Longhua Technology has distributed a total of 315 million yuan in dividends since its A-share listing, with 98.085 million yuan distributed in the last three years [3] - The number of shareholders as of June 30, 2025, is 42,000, a decrease of 6.02% from the previous period, while the average circulating shares per person increased by 16.38% to 20,099 shares [2] - The company is categorized under the mechanical equipment industry, specifically in general equipment and other general equipment, with involvement in sectors such as large aircraft, military-civilian integration, drones, and aerospace military industry [2]

Core Viewpoint - The titanium target material industry is experiencing significant growth due to its critical applications in high-tech fields such as semiconductors, medical devices, and aerospace, with a projected market size of 2.802 billion yuan in China by 2024, reflecting an 8.35% year-on-year increase [1][8]. Industry Overview - Titanium target materials are made from high-purity titanium or titanium alloys, exhibiting excellent corrosion resistance, high strength, low density, and good biocompatibility, primarily used in semiconductor manufacturing, flat panel displays, decorative coatings, and vacuum equipment [4][6]. - The industry is supported by favorable policies, including subsidies and tax incentives, as outlined in the "14th Five-Year" new materials industry development plan, which identifies sputtering target materials as a key area for breakthroughs [1][8]. Market Size and Growth - The market size of China's titanium target material industry is expected to reach 2.802 billion yuan in 2024, with an increase of 8.35% compared to the previous year [1][9]. - The global semiconductor industry is projected to recover in 2024, with sales reaching $627.6 billion, a 19.1% increase year-on-year, driving demand for titanium targets as semiconductor nodes advance to 3nm and below [7][8]. Industry Chain - The titanium target material industry chain consists of upstream raw material and equipment suppliers, midstream manufacturers, and downstream application sectors, including semiconductors, medical devices, aerospace, and automotive manufacturing [7]. - China's titanium ore production is expected to decline by 6.3% to 3.044 million tons in 2024, but China remains the largest producer globally, accounting for 35.1% of total production [7]. Competitive Landscape - The industry is characterized by intense competition, with companies like Jiangfeng Electronics leading the first tier, followed by Longhua Technology, Ashi Innovation, and others in the second tier [10]. - Jiangfeng Electronics specializes in ultra-high-purity metal sputtering targets and has seen a 23.91% year-on-year increase in revenue, reaching 1.325 billion yuan in the first half of 2025 [11]. Development Trends - Future trends in the titanium target material industry include the adoption of advanced manufacturing processes such as powder metallurgy and 3D printing to enhance production efficiency and product quality [12]. - There is a growing emphasis on sustainability, with a focus on energy conservation and recycling in production processes, alongside expanding applications in emerging fields like new energy storage and biomedical materials [12].

Group 1 - The company, Longhua Technology (300263.SZ), currently does not have any products or services directly related to robotics [1]

Core Viewpoint - Longhua Technology (300263) is enhancing its comprehensive competitive ability through increased R&D investment, technological breakthroughs, capacity optimization, market responsiveness, strategic partnerships with end customers, and expansion into emerging application scenarios [1] Group 1 - The company is committed to continuous R&D investment and technological advancements [1] - Longhua Technology is optimizing its production capacity to better respond to market demands [1] - The company is deepening strategic collaborations with end customers [1] Group 2 - Longhua Technology is actively exploring new application scenarios to expand its market presence [1] - The company has not made any adjustments to its equity incentive targets and is proceeding as planned [1] - Investors are advised to monitor the company's future announcements regarding performance target achievements [1]

北京市安理律师事务所 关于隆华科技集团（洛阳）股份有限公司 2025 年第二次临时股东会的 法律意见书 北京市朝阳区东三环中路 5 号财富金融中心 36 层 36th/F,Fortune Financial Center,No.5 East Third Ring Middle Road,Chaoyang District, Beijing T：+86 10 85879199 F：+86 10 85879198 W：www.anlilaw.com 北京市安理律师事务所 法律意见书 北京市安理律师事务所 关于隆华科技集团（洛阳）股份有限公司 2025 年第二次临时股东会的 法律意见书 安理证字 2025 第 0319 号 致：隆华科技集团（洛阳）股份有限公司 北京市安理律师事务所依法接受隆华科技集团（洛阳）股份有限公司（下 称"公司"）的委托，指派侯旭律师、高凤培律师（下称"本所律师"）出席 公司 2025 年第二次临时股东会（下称"本次股东会"）并依法进行见证。 本次股东会如期于 2025 年 9 月 15 日下午 14:30 在洛阳市洛龙区开元大道 288 号会展国际 13A 层公司一号会议室召开，由公司董事 ...