证券代码：300327 证券简称：中颖电子 公告编号：2025-029 中颖电子股份有限公司 关于筹划公司控制权变更进展暨复牌的公告 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、公司股票（股票简称：中颖电子，股票代码：300327）自 2025 年 6 月 10 日（星期二）开市起复牌。 2、本次事项能否最终实施完成及实施结果尚存在不确定性，敬请广大投资 者理性投资，注意投资风险。 一、停牌情况概述 中颖电子股份有限公司（以下简称"公司"）控股股东威朗国际集团有限公 司（以下简称"威朗国际"）正在筹划公司控制权变更相关事宜，交易各方尚未 签署正式协议。为保证公平信息披露，避免公司股价异常波动，维护广大投资者 利益，公司股票（股票简称：中颖电子，股票代码：300327）已于 2025 年 6 月 9 日（星期一）开市起停牌，预计停牌时间不超过 2 个交易日，具体内容详见公 司在中国证监会指定信息披露网站巨潮资讯网（www.cninfo.com.cn）披露的《关 于筹划公司控制权变更事项的停牌公告》（公告编号：2025-028）。 二、进展情况 ...

Core Viewpoint - Zhongying Electronics is undergoing a potential change in control, which may lead to a shift in its major shareholder and actual controller, prompting a temporary suspension of its stock trading to prevent abnormal price fluctuations [1][3]. Company Summary - The actual controller, Fu Qiming, is a veteran in the semiconductor industry, having worked for major companies since 1983 and leading Zhongying Electronics to its listing in 2012. As of the end of Q1 2025, the controlling shareholder, Weilang International, holds 18.49% of Zhongying Electronics, while Fu Qiming indirectly holds 14.41% of the total shares [2]. - Zhongying Electronics has a history of stable operations, with 14 cash dividends since its listing, averaging a dividend payout ratio of 56.19%. However, the company faced challenges in recent years due to a downturn in the MCU market, with a 28.01% decline in net profit in 2024, despite a 3.32% increase in revenue [2]. Control Change: Potential Impacts and Market Focus - The specific plan for the change in control has not been disclosed, but market attention is on the background and strategic intentions of the new actual controller. A potential positive effect could arise if a state-owned or strategic investor is introduced, which may enhance corporate governance and accelerate technological upgrades [3]. - Conversely, management changes could pose integration risks and affect business stability. Zhongying Electronics has seen significant revenue growth in industrial control products, while its consumer electronics segment has declined. The new controller's commitment to ongoing R&D investment is crucial, as the company had a R&D expense ratio of 22.35% in 2024, leading the industry in several areas [3]. Industry Background - The MCU market has entered a downward cycle due to factors such as the 2021 chip shortage and slowing demand in the consumer market, leading to intensified price competition. Zhongying Electronics' gross margin fell by 2.02 percentage points to 33.60% in 2024 [4]. - The change in control may provide an opportunity for transformation, especially if the new controller possesses resource integration capabilities, potentially allowing Zhongying Electronics to expand into high-value sectors like automotive electronics and industrial internet [4]. Conclusion - The change in control at Zhongying Electronics is still in the proposal stage, with specific transaction details pending. Investors should closely monitor future announcements regarding the new controller's plans for the company, commitments to R&D investment, and management stability arrangements [5].

Core Viewpoint - The article discusses the potential change in control of Zhongying Electronics, which may lead to a shift in its major shareholder and actual controller, impacting the company's stock performance and investor interests [1]. Group 1: Company Control Change - Zhongying Electronics announced that its controlling shareholder, Weilang International Group, is planning a change in control, which may result in a new major shareholder [1]. - The company has applied for a trading suspension starting June 9, 2025, to prevent abnormal stock price fluctuations during this transition [1]. - As of the end of Q1 2025, Weilang International holds 18.49% of Zhongying Electronics' shares [1]. Group 2: Financial Performance - In 2024, Zhongying Electronics reported revenue of 1.343 billion yuan, a 3.32% increase from 1.300 billion yuan in 2023 [3]. - The integrated circuit product design and sales accounted for 99.88% of total revenue, with a 3.42% year-on-year growth [3]. - The company's net profit attributable to shareholders was 134 million yuan in 2024, down 28.01% from 186 million yuan in 2023, primarily due to a significant one-time compensation received in the previous period [4]. - Excluding non-recurring gains, the net profit increased by 26.61% to 131 million yuan, indicating improved core business profitability [4]. Group 3: Business Structure and Market Dynamics - The revenue from industrial control products was 1.093 billion yuan, representing 81.39% of total revenue, with a year-on-year growth of 7.87% [3]. - Conversely, revenue from consumer electronics decreased by 12.75% to 250 million yuan, indicating a shift in business structure [3]. - The domestic revenue was 963 million yuan, accounting for 71.69% of total revenue, while overseas revenue was 380 million yuan, a slight decrease of 0.26% [3].

Group 1 - US stock market saw collective gains last Friday, with Dow Jones up 1.05%, Nasdaq up 1.2%, and S&P 500 up 1.03% [1] - Tesla closed up 3.82%, Google A up 3.25%, Amazon up 2.72%, and other major tech companies like Meta Platforms, Apple, and Nvidia also saw increases [1] - Circle, the first stablecoin stock, surged 29.4% on its second day of trading [2] Group 2 - The US government has suspended licenses for nuclear equipment suppliers to sell products to Chinese power plants [3] - The US State Department has instructed consulates to resume processing international student visas for Harvard University [4] Group 3 - Meta is reportedly in talks with AI startup Scale AI for a potential investment exceeding $10 billion [6] - Boeing has restarted aircraft deliveries to China [7] Group 4 - The Chinese government is reviewing export license applications for rare earth materials, with increasing demand from industries like robotics and electric vehicles [12] - Following the implementation of export controls on rare earths, prices have surged, and the domestic and international price gap is expected to narrow as export licenses are gradually issued [13] Group 5 - The AI sector is experiencing significant advancements, with domestic AI models expected to see rapid development and increased demand, leading to a surge in capital expenditures from cloud giants [15]

Group 1 - The overall market index is expected to remain volatile due to a combination of internal and external factors [1][12] - The U.S. stock market saw a broad increase, with the Dow Jones up 1.05%, Nasdaq up 1.20%, and S&P 500 up 1.03% [4] - Notable individual stock performances included Apple rising 1.64%, Tesla rebounding 3.67%, and Google increasing by 3.25% [4] Group 2 - The Chinese government is implementing a visa-free policy for four countries, which may enhance bilateral trade relations [2] - The National Development and Reform Commission has announced a new batch of 19 national cold chain logistics bases, indicating growth in logistics infrastructure [6] - The People's Bank of China reported an increase in gold reserves to 7,383 million ounces, marking the seventh consecutive month of accumulation [6] Group 3 - Vanke A announced that its largest shareholder, Shenzhen Metro Group, plans to provide a loan of up to 3 billion yuan for debt repayment [9] - Zhongying Electronics is undergoing a potential change in control, leading to a temporary suspension of its stock [10] - Ruoyuchen disclosed that its shareholder, Langzi Co., plans to reduce its stake by up to 3% [11]

Core Viewpoint - Zhongying Electronics is undergoing a potential change in control, which may impact its future operations and market position [1][2]. Group 1: Company Overview - Zhongying Electronics is a leading domestic MCU manufacturer, particularly in the industrial control sector, and gained significant attention during the 2021 chip shortage [2][3]. - The company reported a revenue growth of 3.32% in 2024, but the growth rate has stagnated with only a 0.05% increase in Q1 2025, raising concerns about its future performance [2]. Group 2: Market Context - The MCU market is currently experiencing its largest downturn, following a period of high demand during the pandemic and subsequent supply chain issues [5]. - The competitive landscape has intensified, with prices plummeting and a shift towards aggressive pricing strategies among manufacturers [5]. Group 3: Financial Performance - Zhongying Electronics' revenue growth was approximately 50% in 2021, but it slowed to 7.23% in 2022 and declined in 2023 [2][3]. - The company has maintained a steady investment in R&D, with personnel numbers increasing from 401 in 2022 to 427 in 2024, and R&D expenses slightly decreasing from 3.23 billion yuan to 3.00 billion yuan over the same period [3]. Group 4: Leadership and Governance - Fu Qiming, the actual controller of Zhongying Electronics, holds 14.41% of the company's shares through Weilang International and is known for a conservative management style focused on stability and shareholder returns [4][5]. - Fu has expressed a commitment to ensuring the company's stable development and providing returns to shareholders, despite the challenging market conditions [5].

Core Viewpoint - Several listed companies in the Shanghai and Shenzhen markets announced significant updates, including changes in control, regulatory measures, and sales performance, which may present investment opportunities and risks for investors [2]. Company Announcements - Zhongying Electronics announced that its controlling shareholder is planning a change in control, leading to a suspension of trading from June 9, 2025, for up to two trading days [3]. - ST Lutong received an administrative regulatory measure from the Jiangsu Securities Regulatory Bureau due to internal control deficiencies and failure to disclose significant lawsuits and account freezes [4]. - Lianhua Technology clarified that it does not directly produce chlorantraniliprole and that the related matters have limited impact on its overall business [5]. - Longshen Rongfa's subsidiary received a CNAS laboratory accreditation certificate, which is expected to positively influence future operations, though it will not significantly impact current performance [6]. Sales Performance - Yisheng Co. reported a significant increase in May sales of breeding pigs, with a total of 10,849 heads sold, representing a year-on-year increase of 207.08% [7]. Shareholding Changes - Shentong Technology's shareholder, Biheng Investment, plans to reduce its stake by up to 3%, equating to a maximum of 12.88 million shares [8]. - Ruoyuchen's shareholder, Langzi Co., intends to reduce its stake by up to 3%, not exceeding 4.7681 million shares [9]. - Oujing Technology's shareholder, Wanzhao Huigu, plans to reduce its stake by up to 3%, equating to a maximum of 5.7722 million shares [10]. - Jindan Technology's shareholder, Guangzhou Chengxin, plans to reduce its stake by up to 2.93%, equating to a maximum of 5.635 million shares [11]. - Huashu Gaoke's shareholder, Guotou Chuangye Fund, plans to reduce its stake by up to 2.2%, equating to a maximum of 9.1117 million shares [12]. - Zhongke Soft's shareholder, Kesuan Chuangyuan, plans to reduce its stake by up to 2%, equating to a maximum of 16.6208 million shares [13]. - Hengrun Co. announced multiple shareholders planning to reduce their stakes, with total reductions not exceeding 1.89% of the company's shares [14]. - Del Shares' shareholder, Wuxu 15 Fund, plans to reduce its stake by up to 1.987%, equating to a maximum of 3 million shares [15]. - Jian Ke Yuan's shareholder, Jian Ke Investment, plans to reduce its stake by up to 1% [17]. - Mindong Electric's shareholder, Fujian Investment Development Group, plans to reduce its stake by up to 1% [18]. - Puli Software's chairman and executives plan to reduce their stakes by a total of up to 0.69% [19].

Core Viewpoint - The announcement of a potential change in control at Zhongying Electronics raises uncertainties regarding its future strategic direction and leadership, particularly with the possible departure of founder Fu Qiming, who has significantly influenced the company's growth and market positioning in the integrated circuit design sector [1][8]. Group 1: Company Overview - Zhongying Electronics specializes in integrated circuit design, operating under a fabless model, focusing on chip design, research, and sales [4]. - As of 2024, the company reported a revenue of 1.343 billion yuan, reflecting a slight year-on-year increase of 3.32%, indicating its competitive market position despite a challenging environment [4]. - The net profit attributable to shareholders was 134 million yuan, showing a decrease due to a one-time compensation received in the previous reporting period, suggesting a more favorable profit trend when excluding this non-recurring item [4]. Group 2: Product Performance - From 2022 to 2024, the total sales volume of chips increased steadily from 713 million to 885 million units, marking a nearly 9% year-on-year growth in 2024, indicating rising market demand [5]. - The company's gross margin was reported at 33.60%, down 2.01% year-on-year, primarily due to intense market competition and price reductions [5]. Group 3: Product Structure and Market Position - Zhongying Electronics' main products include industrial MCUs, battery management chips, and AMOLED display driver chips, with a strong market share in the industrial MCU sector, particularly in household appliances [6]. - The company has developed several 32-bit Cortex M0+ products for the home appliance market and is expanding its overseas market presence, including new clients in Europe and Japan [6][7]. Group 4: Research and Development - In 2024, the company invested 300 million yuan in R&D, accounting for 22.35% of its revenue, although this figure has seen a slight decline over three consecutive years [7]. - Zhongying Electronics holds a total of 135 valid patents, with 133 being invention patents, showcasing its commitment to innovation and technological advancement [7]. Group 5: Leadership and Strategic Implications - The potential change in control involving Weilang International could lead to significant strategic adjustments for Zhongying Electronics, especially if Fu Qiming exits the decision-making team [8]. - The future trajectory of the company remains uncertain, with the possibility of either leveraging new shareholder support for growth or facing challenges during the transition [8].

Group 1 - Zhongying Electronics' controlling shareholder is planning a change in control, leading to a stock suspension starting June 9, 2025, for up to 2 trading days [3] - Lianhua Technology clarified that it does not directly produce chlorantraniliprole, and the related matters have limited impact on the company's overall performance [4] - Longshen Rongfa's subsidiary received CNAS laboratory accreditation, which is expected to positively influence future operations, though it will not significantly impact current performance [5] Group 2 - Yisheng Co. reported May sales of breeding pigs at 10,849 heads, a year-on-year increase of 207.08%, with significant sales increases attributed to delayed orders from April [7] - Shentong Technology's shareholder plans to reduce its stake by up to 3%, amounting to no more than 12.88 million shares [9] - Ruoyuchen's major shareholder intends to reduce its stake by up to 3%, not exceeding 476.81 million shares [10] Group 3 - Oujing Technology's major shareholder plans to reduce its stake by up to 3%, not exceeding 577.22 million shares [12] - Jindan Technology's shareholder plans to reduce its stake by up to 2.93%, amounting to no more than 563.5 million shares [13] - Huashu Gaoke's shareholder intends to reduce its stake by up to 2.2%, not exceeding 911.17 million shares [14] Group 4 - Zhongke Soft's major shareholder plans to reduce its stake by up to 2%, not exceeding 16.62 million shares [15] - Hengrun Co.'s shareholders plan to collectively reduce their stake by up to 1.89%, with specific reductions from various shareholders [16] - Del Shares' shareholder plans to reduce its stake by up to 1.987%, not exceeding 3 million shares [17] Group 5 - Jianke Institute's shareholder plans to reduce its stake by up to 1%, not exceeding 146.66 million shares [18] - Mindong Electric's shareholder plans to reduce its stake by up to 1%, not exceeding 457.95 million shares [19] - Puli Software's chairman and executives plan to collectively reduce their stake by up to 0.69% [20]

证券代码：300327 证券简称：中颖电子 公告编号：2025-028 中颖电子股份有限公司 关于筹划公司控制权变更事项的停牌公告 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、中颖电子股份有限公司（以下简称"公司"）控股股东威朗国际集团有限 公司（以下简称"威朗国际"）正在筹划公司控制权变更相关事宜，该事项可能 导致公司控股股东及实际控制人发生变更。为保证公平信息披露，避免公司股价 异常波动，维护广大投资者利益，经公司向深圳证券交易所申请，公司股票（股 票简称：中颖电子，股票代码：300327）自 2025 年 6 月 9 日（星期一）开市 起停牌，预计停牌时间不超过 2 个交易日。 2、本次交易事项能否最终实施完成及实施结果尚存在不确定性。敬请广大 投资者关注后续公告，并注意投资风险。 鉴于上述事项尚存在重大不确定性，为保证公平信息披露，避免造成公司股 价异常波动，维护广大投资者利益，根据深圳证券交易所有关规定，经公司向深 圳证券交易所申请，公司股票（股票简称：中颖电子，股票代码：300327）自 2025 年 6 月 9 日（星期一）开 ...