北京市金杜（深圳）律师事务所 关于深圳中富电路股份有限公司 2025 年第二次临时股东会的 1．经公司 2025 年第一次临时股东大会审议通过的《公司章程》； 2．公司 2025 年 10 月 29 日刊登于巨潮资讯网及深圳证券交易所网站的《深 圳中富电路股份有限公司第二届董事会第二十二次会议决议公告》； 3．公司 2025 年 10 月 29 日刊登于巨潮资讯网及深圳证券交易所网站的《深 圳中富电路股份有限公司关于召开 2025 年第二次临时股东会的通知》（以下简 称《股东会通知》）； 4．公司本次股东会股权登记日的股东名册； 1 5．出席现场会议的股东到会登记记录及凭证资料； 法律意见书 致：深圳中富电路股份有限公司 北京市金杜（深圳）律师事务所（以下简称本所）接受深圳中富电路股份有 限公司（以下简称公司）的委托，根据《中华人民共和国证券法》（以下简称《证 券法》）、《中华人民共和国公司法》（以下简称《公司法》）、中国证券监督 管理委员会《上市公司股东会规则》（以下简称《股东会规则》）等中华人民共 和国境内（以下简称中国境内，为本法律意见书之目的，不包括中国香港特别行 政区、中国澳门特别行政区和中国台湾省 ...

证券代码：300814 证券简称：中富电路 公告编号：2025-105 深圳中富电路股份有限公司 关于选举第三届董事会职工代表董事的公告 蒋卫民先生符合《公司法》《公司章程》等规定的有关职工代表董事任职资格和 条件。蒋卫民先生当选公司职工代表董事后，公司第三届董事会中兼任公司高级管理 人员以及由职工代表担任的董事人数总计未超过公司董事总数的二分之一，符合相关 法律法规以及《公司章程》的有关规定。 特此公告。 深圳中富电路股份有限公司董事会 2025 年 11 月 14 日 附件：蒋卫民先生简历 蒋卫民先生，1965 年 3 月出生，中国国籍，无境外永久居留权，大专学历。1982 年 11 月至 2001 年 5 月，任兰州飞控仪器总厂销售处职员；2001 年 6 月至 2004 年 2 月，历任深圳市中富兴业电子有限公司设备部、生产部经理；2004 年 3 月至今，历任 深圳中富电路股份有限公司设备部、生产部经理，厂长，鹤山中富副总经理；2019 年 12 月至今，任深圳中富电路股份有限公司董事。2023 年 10 月至今，任深圳聚源新材 科技有限公司董事。 截至本公告日，蒋卫民先生未直接持有公司股份，通过厦 ...

每经AI快讯，11月14日，电路板指数盘中出现显著调整，成分股普跌，科翔股份领跌7.08%，方邦股 份、中富电路、东山精密、兴森科技跌幅居前。 （文章来源：每日经济新闻） ...

融资方面，中富电路当日融资买入9656.15万元。当前融资余额4.96亿元，占流通市值的3.65%，融资余 额超过近一年90%分位水平，处于高位。 融券方面，中富电路11月12日融券偿还0.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0.00 元；融券余量0.00股，融券余额0.00元，超过近一年90%分位水平，处于高位。 11月12日，中富电路涨3.31%，成交额10.95亿元。两融数据显示，当日中富电路获融资买入额9656.15 万元，融资偿还7058.31万元，融资净买入2597.84万元。截至11月12日，中富电路融资融券余额合计 4.96亿元。 资料显示，深圳中富电路股份有限公司位于广东省深圳市南山区蛇口招商局广场大厦6楼GH单元，成立 日期2004年3月12日，上市日期2021年8月12日，公司主营业务涉及从事印制电路板研发、生产和销售。 主营业务收入构成为：印制电路板89.34%，其他(补充)10.66%。 截至10月31日，中富电路股东户数2.15万，较上期减少2.61%；人均流通股8901股，较上期增加2.68%。 2025年1月-9月，中富电路实现营业收入13.55亿元，同比增长 ...

Group 1 - The A-share market saw a surge in CPO concept stocks towards the end of trading, indicating increased investor interest in this sector [1] - Dekoli experienced a rise of over 12%, while Zhongji Xuchuang increased by more than 4%, reflecting strong performance among key players in the CPO sector [1] - Other companies such as Zhongfu Electric, Shijia Photon, and Xinyisheng also showed upward movement, contributing to the overall positive trend in CPO stocks [1]

Market Overview - The component sector experienced a decline of 2.26% on November 10, with Shiyun Circuit leading the drop [1] - The Shanghai Composite Index closed at 4018.6, up 0.53%, while the Shenzhen Component Index closed at 13427.61, up 0.18% [1] Stock Performance - Notable gainers included: - Jin'an Guoji (002636) with a closing price of 18.00, up 10.02% and a trading volume of 271,000 shares, totaling 476 million yuan [1] - Xiehe Electronics (605258) closed at 38.35, up 3.65% with a trading volume of 55,100 shares, totaling 210 million yuan [1] - Significant decliners included: - Shiyun Circuit (603920) closed at 42.20, down 5.17% with a trading volume of 339,900 shares, totaling 1439 million yuan [2] - Jingwang Electronics (603228) closed at 69.90, down 4.92% with a trading volume of 342,800 shares, totaling 2398 million yuan [2] Capital Flow - The component sector saw a net outflow of 2.795 billion yuan from major funds, while retail investors contributed a net inflow of 1.917 billion yuan [2][3] - Major stocks with significant capital flow included: - Jin'an Guoji (002636) had a net inflow of 1.77 billion yuan from major funds, but a net outflow of 90.03 million yuan from retail investors [3] - Tianjin Pulin (002134) saw a net inflow of 47.04 million yuan from major funds, with a small outflow from retail investors [3]

Group 1 - CPO concept stocks experienced a collective decline on November 10, with significant drops observed across various companies [1] - Shijia Photon fell over 6%, while Dekeli and Jingwang Electronics dropped more than 5% [1] - New Yisheng, Kechuan Technology, Zhongji Xuchuang, Zhongfu Circuit, Taicheng Light, Huilv Ecology, and Liante Technology all saw declines exceeding 4% [1]

Group 1 - The CPO concept stocks in the A-share market experienced a collective decline, with notable drops in several companies [1] - Shijia Photon fell over 6%, while Dekeli and Jingwang Electronics dropped over 5% [1] - Other companies such as Xinyi Sheng, Kecuan Technology, Zhongji Xuchuang, and others also saw declines exceeding 4% [1] Group 2 - Specific stock performance includes: - Shijia Photon (688313) down 6.18% with a market cap of 31.8 billion and a year-to-date increase of 324% [2] - Dekeli (688205) down 5.49% with a market cap of 14 billion and a year-to-date increase of 27.22% [2] - Jingwang Electronics (603228) down 5.18% with a market cap of 68.6 billion and a year-to-date increase of 156.57% [2] - Xinyi Sheng (300502) down 4.94% with a market cap of 330.5 billion and a year-to-date increase of 304.38% [2] - Kecuan Technology (603052) down 4.92% with a market cap of 6.755 billion and a year-to-date increase of 41.61% [2] - Zhongji Xuchuang (300308) down 4.48% with a market cap of 520.1 billion and a year-to-date increase of 280.91% [2]

Investment Rating - The report maintains an "Overweight" rating for the electronic industry [3][10]. Core Insights - The demand for eSSD is rapidly increasing, driven by the growth in data centers and AI infrastructure investments, which is expected to sustain high demand for NAND storage products [7][8]. - The electronic industry has shown a recovery in consumer electronics, with new foldable smartphones being released and advancements in AI technology driving high demand for AI infrastructure [9][10]. Market Performance - The electronic industry index decreased by 0.09% last week, underperforming the CSI 300 by 0.92 percentage points [12]. - Year-to-date, the electronic industry index has increased by 47.96%, outperforming the CSI 300 by 29.05 percentage points [12]. Valuation Metrics - The electronic sector's PE (TTM, excluding negative values) is at 61.05X, which is in the 43.55th percentile of the past 10 years [6][12]. - The PB (LF) stands at 5.00X, placing it in the 61.35th percentile of the last decade [6][12]. Industry Dynamics - SanDisk reported a quarterly revenue of $2.308 billion for Q1 FY2026, with a 21% quarter-over-quarter growth and a 23% year-over-year growth [7]. - The average selling price of NAND products has seen a mid-single-digit percentage increase, contributing to revenue exceeding expectations [7]. Investment Recommendations - The report suggests focusing on investment opportunities in AI infrastructure, edge SOC, foldable smartphone supply chains, and storage industry chains [10]. - Specific companies to watch in the AI infrastructure sector include Cambrian, Chipone, and Aojie Technology; in the edge SOC sector, recommended companies are Rockchip, Hengxuan Technology, and Lexin Technology [10].

Core Viewpoint - The actual controller of Shanshui Technology has changed due to a high-profile divorce involving the former chairman Huang Guorong, who has been subjected to criminal coercive measures, with his wife Wu Xinyan stepping in as the new controller and chairman of the company [1][5][6]. Group 1: Changes in Control and Management - On November 7, Shanshui Technology announced the divorce between Huang Guorong and Wu Xinyan, resulting in a change of actual control to Wu Xinyan, who now holds 31.95% of the company's total shares after receiving 37.9 million shares valued at 924 million yuan [3][4]. - Huang Guorong transferred 10 million shares directly to Wu Xinyan, along with shares held through investment entities, leading to Wu Xinyan becoming the controlling shareholder and legal representative of the company [3][4]. - Following the divorce, Huang Guorong resigned from all his positions, and Wu Xinyan was elected as the new chairman and is expected to be appointed as the general manager [3][4]. Group 2: Company Performance and Market Reaction - Shanshui Technology's stock price closed at 24.38 yuan per share on November 7, with a total market capitalization of 5.2 billion yuan, reflecting a year-to-date increase of over 55% [7]. - The company specializes in the research, production, and sales of dye intermediates, pesticides, and pharmaceutical intermediates, with key products including various nitro compounds and chlorinated pyridine series [7].