Group 1: Business Development and Focus Areas - The company primarily focuses on high-reliability electronic components and microcircuit modules, with additional emphasis on deep-sea oil and gas equipment, having joined the Deep Water Oil and Gas Equipment Industry Alliance [2] - The company has established business relationships in the optical communication sector, supplying products like single-layer ceramic capacitors and ceramic film circuits [3] - The company’s civilian tantalum capacitors are increasingly being supplied to domestic servers, indicating a growing market presence [3] Group 2: Market Demand and Financial Performance - High-reliability business revenue constitutes over 85% of the company's total revenue, with anticipated growth due to increased hardware investments driven by AI [3] - The company has not disclosed any plans for stock buybacks at this time, but will adhere to disclosure obligations if such plans arise [4] - The company is cautious about revenue projections for 2025, advising stakeholders to await the annual report for detailed performance insights [4] Group 3: Operational Insights and Challenges - The company acknowledges a high level of accounts receivable, attributing it to the lengthy supply chain and strict delivery acceptance processes in the high-reliability sector [5] - The company is currently operating with excess capacity due to the unique nature of its industry, which involves small-batch, multi-batch orders [5] - There are no current plans for expanding production capacity until there is a significant increase in order volume [5] Group 4: Product Offerings and Collaborations - The company does not currently offer chip design services or AI-related products, nor does it have a partnership with Yushu Technology [5] - The company has not engaged in PCB manufacturing and does not have CPO products available [6][7] - The company has established connections with several leading enterprises in the optical communication field, enhancing its market position [6]

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。 证券代码：300726 证券简称：宏达电子 公告编号：2025-032 株洲宏达电子股份有限公司 关于使用部分闲置募集资金购买理财产品到期赎回 并继续购买理财产品的进展公告 株洲宏达电子股份有限公司（以下简称"公司"）第四届董事会第三次会议 和第四届监事会第三次会议审议通过了《关于使用部分闲置募集资金和自有资金 进行现金管理的议案》，同意公司在确保不影响募集资金投资项目进度、不影响 公司正常生产经营及确保资金安全的情况下，使用部分闲置募集资金购买安全性 高、流动性好、满足保本要求的理财产品，使用部分闲置自有资金购买安全性高、 流动性好的低风险理财产品。其中闲置募集资金的使用额度不超过人民币 40,000 万元，自有资金的使用额度不超过 150,000 万元。在上述额度范围内，资 金可以滚动使用，期限不超过 12 个月。具体内容详见公司于 2024 年 11 月 18 日 在巨潮资讯网（www.cninfo.com.cn）披露的相关公告。 一、已到期理财产品赎回情况 | 受托方 | 产品名称 | 金额 （万 | 类 ...

Group 1 - The defense and military industry sector experienced significant movement, with Hongda Electronics leading with a rise of 6.38%, Plittech up by 5.26%, and Huafeng Technology increasing by 4.65% [1] - The defense military ETF (512810) saw a price increase of over 1% in the market [1] - China Galaxy Securities suggests that the defense and military sector is expected to stabilize as the fund adjustment period post "September 3" approaches its end [3] Group 2 - The upcoming procurement of equipment under the "14th Five-Year Plan" is anticipated to boost upstream orders, with a positive outlook for order growth in the fourth quarter [3] - NATO countries are significantly increasing military spending, indicating an escalation in the global arms race, while China's military expenditure has considerable room for growth [3] - The long-term outlook for the military industry is optimistic, with the potential for increased domestic demand and military trade, especially in light of the India-Pakistan conflict [3] Group 3 - The defense military ETF (512810) is highlighted as an efficient investment tool, covering various themes such as commercial aerospace, deep-sea technology, military AI, low-altitude economy, and large aircraft [3]

Group 1 - The company adheres to market-oriented operational principles and has established a nationwide sales network and a mature marketing team [2] - The company has achieved extensive coverage of clients in various fields including aviation, aerospace, shipping, ground equipment, command systems, and communications [2] - The company meets cross-regional and multi-category market demands [2]

Market Overview - The military electronics sector rose by 1.11% on September 17, with Xingtu Xinke leading the gains [1] - The Shanghai Composite Index closed at 3876.34, up 0.37%, while the Shenzhen Component Index closed at 13215.46, up 1.16% [1] Key Performers - Xingtu Xinke (688081) closed at 28.48, up 20.02% with a trading volume of 102,800 shares and a turnover of 274 million yuan [1] - Aopu Optoelectronics (002338) closed at 55.62, up 10.01% with a trading volume of 109,300 shares and a turnover of 593 million yuan [1] - Hongyuan Electronics (603267) closed at 57.65, up 6.48% with a trading volume of 94,300 shares and a turnover of 532 million yuan [1] Decliners - Huali Chuangtong (300045) closed at 23.40, down 2.42% with a trading volume of 295,000 shares and a turnover of 695 million yuan [2] - Jinxin Nuo (300252) closed at 15.92, down 1.67% with a trading volume of 1,031,000 shares and a turnover of 1658 million yuan [2] - XD Nairui Lei (688522) closed at 43.99, down 1.57% with a trading volume of 52,600 shares and a turnover of 233 million yuan [2] Fund Flow Analysis - The military electronics sector experienced a net outflow of 267 million yuan from institutional investors, while retail investors saw a net inflow of 225 million yuan [2] - Aopu Optoelectronics had a net inflow of 153 million yuan from institutional investors, but a net outflow of 80.58 million yuan from speculative funds [3] - Xingtu Xinke saw a net inflow of 61.92 million yuan from institutional investors, with a net outflow of 34.62 million yuan from speculative funds [3]

暨半年度业绩说明会活动的公告 证券代码：300726 证券简称：宏达电子 公告编号：2025-031 株洲宏达电子股份有限公司 关于参加 2025 年湖南辖区上市公司投资者网上集体接待日 株洲宏达电子股份有限公司 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。 董 事 会 为进一步加强与投资者的互动交流，株洲宏达电子股份有限公司（以下简称 "公司"）将参加由湖南证监局、湖南省上市公司协会与深圳市全景网络有限公 司联合举办的"资本聚三湘 楚光耀新程——2025 年湖南辖区上市公司投资者网 上集体接待日暨半年度业绩说明会"活动，现将相关事项公告如下： 2025 年 9 月 15 日 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 (https://rs.p5w.net)，或关注微信公众号：全景财经，或下载全景路演 APP，参与 本次互动交流，活动时间为 2025 年 9 月 19 日(星期五)14:00-17:00。 届时公司董事会秘书和证券事务代表将就公司2024年至2025年半年度业绩、 公司治理、发展战略、经营情况、融资计划、股权激励和可持续 ...

Market Overview - The Shanghai Composite Index closed at 3870.60 points, slightly above the six-month moving average, with a change of -0.12% [1] - The total trading volume of A-shares reached 25,483.12 billion yuan [1] Stocks Breaking the Six-Month Line - A total of 50 A-shares have surpassed the six-month moving average today, with notable stocks including Shanghai Construction, Yihualu, and Runjian Shares, showing divergence rates of 9.89%, 9.08%, and 9.07% respectively [1] - Stocks with smaller divergence rates that just crossed the six-month line include Zhuhai Port, Zhongzhou Special Materials, and Nanjing Chemical Fiber [1] Top Performers - Shanghai Construction (600170) saw a price increase of 9.96% with a turnover rate of 6.20% and a divergence rate of 9.89% [1] - Yihualu (300212) increased by 10.90% with a turnover rate of 12.71% and a divergence rate of 9.08% [1] - Runjian Shares (002929) rose by 9.99% with a turnover rate of 10.76% and a divergence rate of 9.07% [1] Additional Notable Stocks - Other significant gainers include Huafu Times (600169) with a 10.08% increase and a divergence rate of 7.82%, and Shang (002042) with a 10.06% increase and a divergence rate of 7.70% [1] - The stock of Fule New Materials (605488) rose by 10.01% with a divergence rate of 6.93% [1] Stocks with Lower Divergence Rates - Stocks like Zhonghuan Hailu (301040) and Baitong Energy (001376) showed increases of 1.91% and 1.55% respectively, with divergence rates of 1.09% and 1.00% [2] - Longyuan Construction (600491) increased by 1.91% with a divergence rate of 0.97% [2]

Core Viewpoint - The defense and military industry sector experienced a significant surge in stock prices on September 12, with notable increases in several companies' shares [1] Group 1: Stock Performance - Jin Xin Nuo (金信诺) saw its stock price rise over 13%, reaching 16.36 [2] - Bei Fang Chang Long (北方长龙) increased by more than 13%, with a price of 137.02 [2] - Hua Feng Technology (华丰科技) rose over 8%, reaching 89.01 [2] - Chang Cheng Jun Gong (长城军工) experienced a rise of 7.92%, with a stock price of 50.85 [2] - Jie Qiang Equipment (捷强装备) increased by 6.17%, reaching 47.00 [2]

Group 1 - The core point of the news is the significant increase in the stock price of Hongda Electronics, which rose by 5.04% to reach 37.30 CNY per share, with a trading volume of 235 million CNY and a turnover rate of 3.00%, resulting in a total market capitalization of 15.362 billion CNY [1] - Hongda Electronics, established on November 18, 1993, and listed on November 21, 2017, specializes in the research, production, and sales of tantalum capacitors and other military electronic components, with its main business revenue composition being 76.99% from components and 23.01% from modules and others [1] Group 2 - From the perspective of fund holdings, one fund under Penghua Fund has a significant position in Hongda Electronics, with Penghua Macro Mixed Fund (206013) increasing its holdings by 54,000 shares in the second quarter, bringing the total to 204,000 shares, which accounts for 9.21% of the fund's net value, making it the fourth-largest holding [2] - The Penghua Macro Mixed Fund (206013), established on June 13, 2012, has a latest scale of 79.1879 million CNY, with a year-to-date return of 8.62% and a one-year return of 29.3%, ranking 5213 out of 7981 in its category [2] - The fund manager, Yang Fan, has been in the position for 4 years and 323 days, with the fund's total asset scale at 79.197 million CNY, achieving the best return of 34.18% and the worst return of 9.76% during his tenure [2]

9月3日，宏达电子跌5.03%，截至发稿，报35.11元/股，成交3.57亿元，换手率4.64%，总市值144.60亿 元。宏达电子股价已经连续3天下跌，区间累计跌幅6.88%。 资料显示，株洲宏达电子股份有限公司位于湖南省株洲市天元区渌江路2号，成立日期1993年11月18 日，上市日期2017年11月21日，公司主营业务涉及钽电容器等军用电子元器件的研发、生产、销售及相 关服务。主营业务收入构成为：元器件76.99%，模块及其他产品23.01%。 从基金十大重仓股角度 数据显示，鹏华基金旗下1只基金重仓宏达电子。鹏华宏观混合（206013）二季度增持5.4万股，持有股 数20.4万股，占基金净值比例为9.21%，位居第四大重仓股。根据测算，今日浮亏损失约37.94万元。连 续3天下跌期间浮亏损失55.69万元。 鹏华宏观混合（206013）成立日期2012年6月13日，最新规模7918.79万。今年以来收益9.66%，同类排 名5684/8180；近一年收益30.69%，同类排名4569/7967；成立以来收益47.03%。 鹏华宏观混合（206013）基金经理为杨凡。 截至发稿，杨凡累计任职时间4年31 ...