Market Overview - The three major A-share indices collectively declined in the morning session, with the Shanghai Composite Index down 0.04%, the Shenzhen Component Index down 0.42%, and the ChiNext Index down 0.84% [1] - The total market turnover for the half-day was 867.4 billion yuan, a decrease of 113.8 billion yuan compared to the previous day, with over 3,200 stocks declining [1] Sector Performance - The marine engineering, aquaculture, photovoltaic, and non-ferrous metal sectors showed the highest gains, while computing hardware, semiconductors, brain-computer interfaces, and diversified finance sectors experienced the largest declines [2] - The marine engineering sector saw a collective surge, with stocks like Deepwater Haina (300961), Dalian Heavy Industry (002204), and Shenkai Co. (002278) hitting the daily limit [2] - Photovoltaic concept stocks also rallied, with Yijing Optoelectronics (600537), Oujing Technology (001269), and Yamaton (002623) reaching the daily limit [2] - The banking sector remained active, with China Construction Bank and Shanghai Pudong Development Bank reaching new highs [2] - The non-ferrous metal sector was also active, with Jingyi Co. (002295) hitting the daily limit and Zijin Mining reaching a new high [2] - In contrast, computing hardware and semiconductor stocks collectively declined, with stocks like Blue Arrow Electronics (301348), Taiji Co. (300046), and Kexiang Co. (300903) leading the losses [2] - The diversified finance and digital currency sectors showed weakness, with Aijian Group (600643) hitting the daily limit down, and other stocks like Hongye Futures (001236), Cuiwei Co. (603123), and Lakala (300773) also declining [2] Notable Stocks - The strongest stocks included Chengbang Co. (603316) with five consecutive limits, and several stocks with three consecutive limits such as Kai Mei Teqi (002549) and Xuedilong (002658) [3][4] Hot Sectors - The marine engineering sector was the top performer with 11 stocks hitting the daily limit, while the nuclear power sector had 10 stocks hitting the daily limit [5][6] - The Belt and Road sector also had 10 stocks hitting the daily limit, with notable stocks including Kangda New Materials (002669) and Hailide (002206) [7] Sector Insights - The marine engineering sector is expected to benefit from the emphasis on high-quality development of the marine economy as highlighted in the Central Financial Committee's sixth meeting [10] - In the photovoltaic sector, a collective production cut of 30% by major glass manufacturers is anticipated to address supply-demand imbalances, with July's glass supply expected to decrease to 45GW [11] - The non-ferrous metal sector is influenced by renewed discussions on copper tariffs and low LME inventories, with expectations of copper prices remaining strong in the second half of the year [12]

Group 1 - The core point of the announcement is that a specific shareholder, Zhang Xinhua, plans to reduce his holdings in the company by up to 4.73 million shares, which represents 1.1482% of the total share capital after excluding repurchased shares [1] Group 2 - The reduction will occur within three months following the announcement of the reduction plan, starting fifteen trading days after the announcement [1] - The total share capital of the company, excluding repurchased shares, is 412 million shares [1] - The reduction will be executed through centralized bidding or block trading [1]

证券代码：300903 证券简称：科翔股份 公告编号：2025-045 广东科翔电子科技股份有限公司 关于特定股东减持计划的预披露公告 公司特定股东张新华保证向本公司提供的信息内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 持有广东科翔电子科技股份有限公司（以下简称"公司"）股份4,730,562股（占 公司扣除回购专户股份后总股本 411,982,222股的 1.1482%）的股东张新华先生拟在减 持计划公告之日起十五个交易日后的三个月内通过集中竞价或大宗交易合计减持公司 股份不超过 4,730,562 股（即不超过公司扣除回购专户股份后总股本 411,982,222 股的 1.1482%）。（如遇派息、送股、转增股本、配股等除权除息事项，上述拟减持股份数 量将相应进行调整。） 公司于近日收到股东张新华先生出具的《关于减持广东科翔电子科技股份有限公 司股份计划的告知函》，现将未来减持计划公告如下： | 股东名称 | 持股总数量（股） | 占公司股本比例（%） | | --- | --- | --- | | 张新华 ...

证券代码：300903 证券简称：科翔股份 公告编号：2025-046 广东科翔电子科技股份有限公司 关于控股股东、实际控制人部分股份解除质押的公告 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。 | | | | | | | | 已质押股份 | | 未质押股份 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 持股 | 本次解除质押 | 本次解除质押 | 占其所 | 占公司 | 情况 | | 情况 | | | 股东名称 | 持股数量 （股） | 比例 | 前质押股份数 | 后质押股份数 | 持股份 比例 | 总股本 比例 | 已质押股份限售 | 占已质 押股份 | 未质押股份限 | 占未质 押股份 | | | | (%) | 量（股） | 量（股） | | | 和冻结、标记数 | | 售和冻结数量 | | | | | | | | (%) | (%) | 量（股） | 比例 | （股） | 比例 | | | | | | | | | | (%) | | (%) ...

Financial Performance - In 2024, the company achieved operating revenue of 3.396 billion yuan, a year-on-year increase of 14.63% compared to 2.962 billion yuan in 2023 [1][2] - The net profit attributable to shareholders was -344 million yuan, a decline of 115.71% from -159 million yuan in the previous year [1][2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -367 million yuan, down 86.06% from -197 million yuan in the previous year [1][2] - The net cash flow from operating activities was -26.67 million yuan, a decrease of 439.98% compared to a positive cash flow of 7.84 million yuan in the previous year [1][2] Q1 2025 Performance - In Q1 2025, the company reported operating revenue of 872 million yuan, reflecting a year-on-year growth of 36.84% from 637 million yuan in Q1 2024 [2][3] - The net profit attributable to shareholders for Q1 2025 was -33.26 million yuan, an improvement of 51.79% from -68.99 million yuan in the same quarter last year [2][3] - The net profit after deducting non-recurring gains and losses was -44.58 million yuan, a 40.52% improvement from -74.95 million yuan in Q1 2024 [2][3] - The net cash flow from operating activities improved to -13.27 million yuan, a 90.34% increase compared to -137.29 million yuan in the previous year [2][3] Fundraising Activities - The company raised a total of 561 million yuan through three fundraising activities, with a net amount of 501.65 million yuan after deducting issuance costs [4][5][6] - The funds raised are intended for the construction of printed circuit boards and semiconductor projects in Jiangxi [4] - The company has issued shares at various prices, including 19.29 yuan per share and 13.13 yuan per share in different fundraising rounds [5][6] Dividend Distribution - The company announced a cash dividend of 0.50 yuan per share, with a capital reserve distribution of 8 additional shares for every 10 shares held [7]

证券代码：300903 证券简称：科翔股份 公告编号：2025-044 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 广东科翔电子科技股份有限公司（以下简称"公司"）近日收到公司控股股东、 实际控制人郑晓蓉女士的通知，获悉郑晓蓉女士将其所持有的公司部分股份进行质 押，并在中国证券登记结算有限责任公司办理了质押登记手续。具体事项如下： 一、股东股份质押基本情况 | 是否为 | 是 | 是否为 | 控股股 | 占其 | 占公 | 否 | 质 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 股 | 限售股 | 质 | 东或第 | 所持 | 司总 | 为 | 押 | 东 | 本次质押数 | （如是， | 质押起始 | 质权 | 押 | | | | 一大股 | 股份 | 股本 | 补 | 到 | 名 | 量（股） | 注明限 | 日 | 人 | 用 | 东及其 | 比例 | 比例 | ...

Summary of Key Points - The company Kexiang Co., Ltd. (300903) announced that its controlling shareholder Zheng Xiaolong pledged 18.05 million shares, accounting for 28.99% of his holdings and 4.35% of the company's total share capital [1] - Another shareholder, Tan Dong, pledged 1 million shares, representing 2.08% of his holdings and 0.24% of the company's total share capital [1] - Kexiang Capital pledged 18.39 million shares, which is 99.96% of its holdings and 4.43% of the company's total share capital [1] - The total shares pledged by the three parties amount to 37.44 million shares, which is 9.03% of the company's total share capital [1] - The pledge initiation date is set for June 17, 2025, with Bohai International Trust Co., Ltd. as the pledgee, and the purpose is to provide guarantees for related parties [1]

广东科翔电子科技股份有限公司 关于控股股东、实际控制人及其一致行动人部分股份质押的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 广东科翔电子科技股份有限公司（以下简称"公司"）近日收到公司控股股 东、实际控制人郑晓蓉女士、谭东先生及其一致行动人深圳市科翔资本管理有限公 司（以下简称"科翔资本"）的通知，获悉郑晓蓉女士、谭东先生、科翔资本将其 所持有的公司部分股份进行质押，并在中国证券登记结算有限责任公司办理了质押 登记手续。具体事项如下： 证券代码：300903 证券简称：科翔股份 公告编号：2025-043 一、股东股份质押基本情况 | 是否为 | 是 | 是否为 | 控股股 | 占其 | 占公 | 否 | 质 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 股 | 限售股 | 质 | 东或第 | 所持 | 司总 | 为 | 押 | 东 | 本次质押数 | （如 | ...

证券代码：300903 证券简称：科翔股份 公告编号：2025-042 广东科翔电子科技股份有限公司 股票交易异常波动公告 2、公司目前经营正常，近期公司经营情况及内外部经营环境未发生重大变化。 3、公司未发现近期公共传媒报道了与公司相关且市场关注度较高的信息。 4、公司、控股股东及实际控制人不存在关于公司应披露而未披露的重大事项或 处于筹划阶段的重大事项。 5、股票异常波动期间，公司控股股东、实际控制人及公司董事、高级管理人员 不存在买卖公司股票的行为。 6、公司不存在违反公平信息披露规定的其他情形。 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、股票交易异常波动的具体情况 广东科翔电子科技股份有限公司（以下简称"本公司"或"公司"）股票于 2025 年 6 月 16 日、6 月 17 日、6 月 18 日连续 3 个交易日收盘价涨幅偏离值累计超过 30%，根据《深圳证券交易所交易规则》的有关规定，属于股票交易异常波动的情 况。 二、公司关注并核实情况的说明 针对公司股票交易异常波动情况，公司董事会通过电话、网络通讯等问询方 式，对公司控股股东、实际控 ...

Market Overview - On June 18, A-shares saw a slight increase in the three major indices, with the Shanghai Composite Index rising by 0.04%, the Shenzhen Component Index by 0.24%, and the ChiNext Index by 0.23%. The total market turnover reached 12,217 billion [1]. Semiconductor Industry - The semiconductor industry chain experienced a significant rise in the afternoon, with sectors such as PCB, CPO, storage chips, and AI PCs leading the gains. PCB leader Huadian Co., Ltd. saw a limit-up, with a net inflow of 7.18 billion from main funds, ranking first in A-shares [4]. - Huadian's recent investor relations activity indicated a sustained growth in demand for AI-driven servers and high-speed network infrastructure, with expectations for capacity improvements by the second half of 2025 [4]. - In Q1, Huadian reported a revenue of 40.38 billion, a year-on-year increase of 56.25%, and a net profit of 7.62 billion, up 48.11% year-on-year, indicating rapid growth [4]. CPO Sector - The CPO (Co-Packaged Optics) sector surged in the afternoon, with stocks like Kexiang Co. hitting the limit-up, and other companies such as Lian Te Technology and Shengyi Electronics also seeing significant gains [6]. - According to YOLE Group, the CPO market is expected to reach a value of 8.1 billion by 2030, with a compound annual growth rate of 137%, driven by the transition from pluggable optical modules to CPO and from copper cables to optical communication [9]. - JPMorgan's report suggests that CPO technology is accelerating towards commercialization, with industry leaders positioned favorably for the next growth cycle [9]. Solid-State Battery Sector - The solid-state battery sector showed a rebound in the afternoon, with stocks like Pulutong and Nord Co. hitting the limit-up, and Jinyinhai rising over 10% [11]. - Xiaomi's recent patent for solid-state battery composite electrodes, which enhances ion transport efficiency, was published, indicating advancements in solid-state battery technology [13]. - The first "Lithium Sulfide and Sulfide Solid-State Battery Forum" is scheduled for June 25, focusing on the latest technologies and industrial applications in the field [14]. - China Galaxy Securities highlights that solid-state batteries are a core focus in the lithium battery supply chain, with significant growth potential for leading cell and material companies [14].