Group 1 - Taifu Pump Industry has terminated the acquisition of 51% equity in Nanyang Huacheng [1] - Shareholder Fosun Pharma of Shanhe Pharmaceutical Auxiliary plans to reduce its stake by no more than 3% [1] - Several convertible bonds including Anji Convertible Bond, Longda Convertible Bond, and Oujing Convertible Bond will not undergo forced redemption [1][2] Group 2 - The following convertible bonds will not be adjusted: Oujing Convertible Bond, Longda Convertible Bond, and Tong 22 Convertible Bond [2] - New shares from Danna Biotechnology will be listed on the Beijing Stock Exchange [1] - North Mining Testing is also set to issue new shares on the Beijing Stock Exchange [1]

本报（chinatimes.net.cn）记者张斯文 于娜 北京报道 百利天恒近期披露的季度业绩看似呈现增长态势，但仔细研究后发现，这份成绩单的成色却值得推敲。 短暂的营收提振并非源于核心业务的改善，而是依赖一次性合作收益的支撑，这使得公司实际经营状况 与市场初步印象形成反差，也为其长期盈利能力蒙上阴影。 公司将发展重心押注于前沿疗法研发，然而这一领域正面临多重不确定性。核心管线的技术路径尚处于 探索阶段，全球范围内尚无成功先例，且同类产品的临床挫折已敲响警钟。 与此同时，公司传统主力业务正遭遇严峻挑战。行业政策调整与市场竞争加剧双重压力下，原有优势产 品的竞争力持续弱化，运营效率与渠道管理问题逐渐暴露。新旧业务的双重困境交织，百利天恒又将如 何破局？ 研发进入死循环？ 10月26日，百利天恒交出了一份表面看起来还不错的《2025年三季报》，公司第三季度单季营收18.95 亿元，同比大增1625.08%，归母净利润6.23亿元，同比上升203.74%。 然而，这份"亮眼"成绩单的背后，是公司前三季度累计营收20.66亿元，同比下降63.52%。归母净利润 为-4.95亿元，同比下降112.16%。 值得注意的 ...

Core Viewpoint - 雷电微力 is a leading enterprise in the domestic millimeter-wave active phased array micro-system sector, with core technological advantages and a complete industrial chain capability [1] Group 1: Business Performance - In Q3 2025, 雷电微力 achieved a revenue of 690 million yuan, ranking 27th among 64 companies in the industry, while the top company, 中航成飞, reported revenue of 48.286 billion yuan [2] - The net profit for the same period was 157 million yuan, placing 雷电微力 13th in the industry, with the top company, 中航成飞, reporting a net profit of 2.175 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, 雷电微力's debt-to-asset ratio was 17.77%, down from 20.82% year-on-year and significantly lower than the industry average of 32.84% [3] - The gross profit margin for the same period was 33.73%, a decrease from 44.03% year-on-year, and slightly below the industry average of 34.84% [3] Group 3: Executive Compensation - The chairman, 桂峻, received a salary of 2.561 million yuan in 2024, an increase of 1.223 million yuan compared to 2023 [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 7.02% to 35,500, while the average number of circulating A-shares held per shareholder increased by 7.55% to 5,852.67 [5]

证券代码：301050 证券简称：雷电微力 公告编号：2025-051 成都雷电微力科技股份有限公司 关于 2022 年限制性股票激励计划首次授予第三期及 预留授予第二期、2023 年限制性股票激励计划首次授 予第二期及预留授予第一期 归属结果暨股份上市的公告 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。 重要内容提示： 1.本次归属日：2025 年 11 月 3 日 2.本次归属人数：共 156 人（激励对象存在部分重合，其中 2022 年激励计划首次授予部分 90 人，预留授予部分 10 人；2023 年激励 计划首次授予部分 143 人，预留授予部分 16 人） 3.本次归属限制性股票数量：242.0403 万股，占归属前公司总 股本的 0.99%。（其中 2022 年激励计划首次授予第三期归属 81.0675 万股，预留授予第二期归属 25.0560 万股；2023 年激励计划首次授 予第二期归属 117.2502 万股，预留授予第一期归属 18.6666 万股）。 4.股票来源：公司向激励对象定向发行公司 A 股普通股股票。 成都雷电微力科技股份有 ...

Group 1 - The core viewpoint of the news is that 雷电微力 (301050.SZ) has seen a decrease in institutional holdings in its A-shares, with a total of 6 institutional investors holding 15.96 million shares, representing 6.52% of the total share capital, which is a decline of 2.36 percentage points compared to the previous quarter [1] - Among public funds, two funds reduced their holdings compared to the previous quarter, with a total reduction of 0.15% [1] - A total of 84 public funds did not disclose their holdings this quarter, including several notable funds such as 国防ETF and 华夏中证1000ETF [1] Group 2 - From the perspective of foreign investment, one new foreign institution disclosed its holdings this quarter, namely 香港中央结算有限公司 [2]

Core Viewpoint - 雷电微力 reported a significant decline in both revenue and net profit for the first three quarters of 2025, indicating potential challenges in its business operations [1] Financial Performance - The company's revenue for the first three quarters was 690 million yuan, a year-on-year decrease of 41.10% [1] - The net profit attributable to shareholders was 157 million yuan, down 58.07% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 141 million yuan, reflecting a 60.03% year-on-year decrease [1] - Basic earnings per share stood at 0.64 yuan [1]

Group 1 - The core point of the article is that 雷电微力 (Thunder Micro Power) held its 16th meeting of the second board of directors on October 24, 2025, to discuss the election of independent director candidates for the third board [1] - 雷电微力's revenue composition for the year 2024 is entirely from the manufacturing of computers, communications, and other electronic devices, accounting for 100.0% [1] - As of the report, 雷电微力 has a market capitalization of 11.5 billion yuan [1] Group 2 - The article mentions that Chinese innovative drugs have generated $80 billion in overseas licensing this year, highlighting a contrast between the hot secondary market and the cold fundraising environment in the primary market for the biopharmaceutical sector [1]

Core Viewpoint - Chengdu Thunder Micro Power Technology Co., Ltd. plans to use up to 1.5 billion yuan of idle funds for cash management to enhance fund utilization efficiency while ensuring safety and liquidity [1][2]. Cash Management Specifics - The primary goal of the cash management is to improve the efficiency of idle funds while ensuring daily operational funding needs and safety [2]. - The company will invest in low-risk products such as large-denomination certificates of deposit, time deposits, structured deposits, and principal-protected products, explicitly avoiding investments in stocks and derivatives [2][3]. - The maximum amount for cash management is set at 1.5 billion yuan, with a usage period of 12 months from the approval date by the shareholders' meeting [2][4]. Risk Control Measures - The company has implemented strict risk control measures, including selecting reputable institutions for investment products and avoiding high-risk securities [3]. - The finance department will monitor investment progress and risks in real-time, while the internal audit department will oversee fund usage and report to the audit committee [3]. Operational Impact - The cash management operation aims to create additional returns for the company and its shareholders without affecting the main business operations [4]. - The board believes this initiative aligns with regulatory guidelines and does not harm the interests of the company or its shareholders [4].

证券代码：301050 证券简称：雷电微力 公告编号：2025-046 成都雷电微力科技股份有限公司 关于作废部分已授予但尚未归属的 2022 年限制性股票的公告 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。 成都雷电微力科技股份有限公司（以下简称"公司"）于 2025 年 10 月 24 日召开第二届董事会第十六次会议，会议审议通过了《关 于作废部分已授予但尚未归属的 2022 年限制性股票的议案》。现将有 关事项说明如下： 一、2022 年限制性股票激励计划已履行的相关审批程序 1.2022 年 9 月 15 日，公司召开第一届董事会第二十五次会议和 第一届监事会第十次会议，审议通过了《关于公司<2022 年限制性股 票激励计划（草案）>及其摘要的议案》《关于公司<2022 年限制性股 票激励计划实施考核管理办法>的议案》《关于核实公司<2022 年限制 性股票激励计划激励对象名单>的议案》等议案，公司独立董事就本 激励计划发表了独立意见，律师、独立财务顾问出具相应报告。 2.2022 年 9 月 19 日至 2022 年 9 月 29 日，公司对本激励 ...

成都雷电微力科技股份有限公司 薪酬与考核委员会关于 2023 年限制性股票激励计划 首次授予第二个归属期及预留授予第一个归属期 归属名单的核查意见 成都雷电微力科技股份有限公司（以下简称"公司"）董事会薪 酬与考核委员会根据《公司法》《证券法》《上市公司股权激励管理办 法》（以下简称"《管理办法》"）等有关法律法规和《公司章程》《公 司 2023 年限制性股票激励计划》（以下简称"《激励计划》""本激励 计划""2023 年激励计划"）的有关规定，对公司 2023 年激励计划首 次授予第二期及预留授予第一期归属条件和归属名单进行核查，发表 核查意见如下： 1．2023 年激励计划首次授予第二个归属期和预留授予第一个归 属期符合《激励计划》规定的归属条件，不存在损害公司及全体股东 利益的情形。 2.本次拟进行限制性股票归属的 151 名首次授予激励对象和 17 名预留授予激励对象符合《公司法》《证券法》等法律法规以及《公 司章程》规定的任职资格，符合《管理办法》规定的激励对象条件， 符合本激励计划规定的激励对象范围，其作为本激励计划激励对象的 主体资格合法有效。 董事会薪酬与考核委员会 2025 年 10 月 ...