Core Viewpoint - 雷电微力 announced plans for share reduction by key executives, indicating potential changes in shareholder structure and management confidence in the company's future performance [3] Group 1: Company Financials - 雷电微力's revenue composition for 2024 is entirely from the computer, communication, and other electronic equipment manufacturing industry, accounting for 100.0% [1] Group 2: Shareholder Actions - Chairman and General Manager 桂峻 plans to reduce his holdings by up to 18,000 shares, representing 0.0726% of total shares, within three months after a 15-day notice period [3] - Vice Chairman and Deputy General Manager 张隆彪 intends to sell up to 3,130 shares, which is 0.0128% of total shares, under the same timeline [3] - Financial Director 刘潇寒 will reduce his stake by up to 2,350 shares, equating to 0.0096% of total shares, following the same procedure [3] - Secretary of the Board 刘凤娟 plans to decrease her holdings by up to 2,710 shares, or 0.0111% of total shares, within the specified timeframe [3] - Deputy General Manager 叶涛 aims to sell up to 3,250 shares, which is 0.0013% of total shares, also adhering to the same reduction plan [3]

证券代码：301050 证券简称：雷电微力 公告编号：2025-026 成都雷电微力科技股份有限公司 关于董事、高级管理人员减持股份预披露的公告 公司董事、高级管理人员桂峻先生、张隆彪先生、刘潇寒先生、刘 凤娟女士、叶涛先生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： 1.本公告计算相关股份比例时，总股本为剔除成都雷电微力科技股份 有限公司（下称"公司"）回购专用账户中 448,048 股后的股份数量。 2.持有公司股份 709,920 股（占公司总股本比例 0.2905%）的董事长、 总经理桂峻先生计划自本减持计划公告之日起 15 个交易日后 3 个月内通 过集中竞价方式减持公司股份不超过 177,480 股（占公司总股本的 0.0726%）。 3.持有公司股份 125,280 股（占公司总股本比例 0.0513%）的董事、 副总经理张隆彪先生计划自本减持计划公告之日起 15 个交易日后 3 个月 内通过集中竞价方式减持公司股份不超过 31,320 股（占公司总股本的 0.0128%）。 ...

Core Insights - The stock price of Thunder Micro Power (雷电微力) closed at 49.43 yuan on June 9, 2025, with a 1.02% increase and a turnover rate of 3.68% [1] - The company reported a total revenue of 236 million yuan for Q1 2025, a year-on-year decrease of 34.83%, and a net profit of approximately 68.87 million yuan, down 30.17% year-on-year [1] Financial Performance - Total revenue for Q1 2025: 236 million yuan, down 34.83% year-on-year [1] - Net profit: 68.87 million yuan, down 30.17% year-on-year [1] - Non-recurring net profit: 63.58 million yuan, down 29.66% year-on-year [1] - Current ratio: 4.089 [1] - Quick ratio: 2.708 [1] - Debt-to-asset ratio: 23.37% [1] Market Activity - Main capital outflow on the reporting day was 16.88 million yuan, accounting for 4.43% of the total transaction amount [1] - Large single orders saw a net outflow of 28.07 million yuan, representing 7.36% of the transaction amount [1] - Small orders experienced a net outflow of 3.83 million yuan, accounting for 1.01% of the transaction amount [1] Company Background - Thunder Micro Power was established in 2007 and is located in Chengdu, primarily engaged in the manufacturing of computers, communications, and other electronic devices [2] - The company has a registered capital of approximately 2.45 billion yuan and a paid-in capital of about 1.72 billion yuan [1][2] - The legal representative of the company is Gui Jun [1]

证券代码：301050 证券简称：雷电微力 公告编号：2025-025 成都雷电微力科技股份有限公司 关于首次公开发行股票募集资金专户销户完成的公告 本公司及董事会全体成员保证信息披露内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 一、募集资金基本情况 根据中国证券监督管理委员会《关于同意成都雷电微力科技股份有限 公司首次公开发行股票注册的批复》（证监许可〔2021〕2056 号），公 司向社会公众公开发行人民币普通股（A股）股票 2,420.00 万股，每股发 行价为人民币 60.64 元，募集资金总额为 146,748.80 万元，扣除各项不 含增值税的发行费用后的募集资金净额为 135,811.54 万元。天健会计师 事务所（特殊普通合伙）对上述募集资金到位情况进行了审验，并出具了 天健验〔2021〕11-36 号《验资报告》。 1 订了《募集资金三方监管协议》，明确了各方的权利和义务。 三、本次募集资金专户销户情况 （一）募投项目节余募集资金转出进行永久补流 公司于 2024 年 12 月 26 日召开了第二届董事会第十二次会议、第二 届监事会第十二次会议，于 2025 年 5 月 19 ...

Core Viewpoint - Recent rumors suggested that Lightning Micro Power (雷电微力) is collaborating with Huawei to develop a 28GHz millimeter-wave RF front-end module and with SMIC to develop a 22nm FDSOI process PDK, with plans to enter mass production this year for satellite communication and mobile chip applications. However, the company has denied any such collaborations [1]. Group 1 - Lightning Micro Power is rumored to be working with Huawei on a 28GHz millimeter-wave RF front-end module [1] - The company is also rumored to be collaborating with SMIC on a 22nm FDSOI process PDK [1] - The planned mass production for these technologies is aimed at satellite communication and mobile chip applications [1] Group 2 - Lightning Micro Power officially stated that it has not engaged in any collaboration with Huawei or SMIC [1]

证券代码：301050 证券简称：雷电微力 公告编号：2025-024 成都雷电微力科技股份有限公司 2024年年度权益分派实施公告 本公司及董事会全体成员保证信息披露内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 特别提示： 1.成都雷电微力科技股份有限公司（下称"公司"）回购专用证券账户 中的448,048股股份不参与本次权益分派。公司以总股本244,791,768股剔除 回购专户中股份后的244,343,720股为基数，向全体股东每10股派息2.05元 人民币（含税），现金分红总额50,090,462.60元。 2.本次权益分派实施后计算除权除息价格时，按总股本折算每10股现金 红利为：按总股本（含回购股份）折算的每10股现金红利（含税）=本次现金 分红总额/总股本×10=50,090,462.60元/244,791,768股×10=2.046247元。 3.本次权益分派实施后除权除息参考价=（股权登记日收盘价格-按总股 本折算每股现金红利）=（股权登记日收盘价格-0.2046247元）。 一、股东大会审议通过的权益分派方案情况 1.公司于2025年5月19日召开2024年年度股东大会，会 ...

Market Overview - The Shanghai Composite Index is at 3389.00 points, above the six-month moving average, with a slight increase of 0.04% [1] - The total trading volume of A-shares today is 512.26 billion yuan [1] Stocks Breaking the Six-Month Moving Average - A total of 75 A-shares have surpassed the six-month moving average today [1] - Notable stocks with significant deviation rates include: - Meirui New Materials (300848) with a deviation rate of 8.28% and a price increase of 8.72% [1] - Wankong Intelligent Manufacturing (603070) with a deviation rate of 7.52% and a price increase of 9.97% [1] - Hitec High-tech (002023) with a deviation rate of 5.81% and a price increase of 10.01% [1] Detailed Stock Performance - The following stocks have notable performance metrics: - Sichuan Jiuzhou (000801) with a price increase of 3.47% and a deviation rate of 2.56% [2] - Phoenix Light (600071) with a price increase of 3.05% and a deviation rate of 2.47% [2] - Raytheon Micro Power (301050) with a price increase of 4.04% and a deviation rate of 2.26% [2]

证券代码：301050 证券简称：雷电微力 公告编号：2025-023 成都雷电微力科技股份有限公司 关于2024年年度股东大会决议的公告 本公司及董事会全体成员保证信息披露内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 6.会议主持人：公司董事长桂峻先生 7.本次会议的召集、召开符合有关法律、行政法规、部门规章、规范 性文件和公司章程等规定。 特别提示： 1.本次股东大会没有出现否决议案。 2.本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2025年5月19日（星期一）下午15:00 2.会议召开地点：成都雷电微力科技股份有限公司D01栋326会议室 3.会议召开方式：本次会议采用现场表决与网络投票相结合的方式。 4.网络投票时间：通过深圳证券交易所交易系统进行网络投票的时间 为：2025年5月19日上午9:15-9:25，9:30-11:30，下午13:00-15:00；通过 深圳证券交易所互联网投票系统投票的具体时间为：2025年5月19日上午 9:15至下午15:00期间的任意时间。 5.会议召集人：公司董事会 1 （二） ...

北京中伦（成都）律师事务所 关于成都雷电微力科技股份有限公司 2024 年年度股东大会的 四川省成都市高新区天府大道北段 966 号天府国际金融中心南塔 25 层-26 层 邮编：610041 25-26/F, South Tower of Tianfu International Finance Center, 966 North Tianfu Avenue, High-tech Zone, Chengdu, Sichuan 610041, P. R. China 电话/Tel : +86 28 6208 8001 传真/Fax : +86 28 6208 8111 www.zhonglun.com 北京中伦（成都）律师事务所 关于成都雷电微力科技股份有限公司 2024年年度股东大会的 法律意见书 二〇二五年五月 法律意见书 致：成都雷电微力科技股份有限公司 成都雷电微力科技股份有限公司（以下简称"公司"）2024年年度股东大会 （以下简称"本次会议"）于2024年5月19日15时00分在成都市双流区华府大道 四段19号公司326会议室召开，北京中伦（成都）律师事务所（以下简称"本所"） 接受公司委托，指派 ...

Investment Rating - Buy (Maintain Rating) [1] Core Viewpoints - The recent military conflict between India and Pakistan has highlighted the effectiveness of Chinese military equipment, particularly in the context of military exports [2][5] - The global arms trade is expected to enter a new cycle of prosperity due to increased demand driven by geopolitical tensions, with China's military exports likely to gain market share [3][4][26] Summary by Sections 1. Overview of the India-Pakistan Conflict - The conflict began with a terrorist attack in India, leading to India's "Operation Zhusha" and Pakistan's counteraction, showcasing the effectiveness of Chinese military equipment used by Pakistan [13][20] 2. Impact on the Military Industry - Global demand for military equipment is increasing, with military spending projected to reach $2.72 trillion in 2024, a 9.4% increase [23][26] - The arms trade saw a significant increase of 29% in 2022, with a projected export value of $28.938 billion TIV in 2024 [3][26] 3. China's Military Export Potential - China's military exports have surged from $1.358 billion TIV in 2021 to $2.982 billion TIV in 2023, with 45% of exports going to Pakistan [4][33] - The report emphasizes the transition of Chinese military equipment into a "DEEPSEEK" era, indicating advancements in technology and capabilities [42] 4. Investment Recommendations - The report suggests focusing on seven key areas for military trade-related investments: aviation equipment, missile systems, radar systems, drones, low-cost munitions, ground equipment, and communication data links [5][67]