招商证券股份有限公司 关于奕东电子科技股份有限公司 开展商品期货套期保值业务的核查意见 招商证券股份有限公司（以下简称"招商证券"或"保荐机构"）作为奕东 电子科技股份有限公司（以下简称"奕东电子"或"公司"）首次公开发行股票 并在创业板上市的保荐机构，根据《证券发行上市保荐业务管理办法》、《深圳证 券交易所创业板股票上市规则（2025 年修订）》、《深圳证券交易所上市公司自律 监管指引第 2 号——创业板上市公司规范运作（2025 年修订）》等有关规定，对 奕东电子开展商品期货套期保值业务的事项进行了核查，核查情况及核查意见如 下： 一、开展商品期货套期保值业务的目的 公司及子公司主要原材料为金、铜等相关产品，根据公司生产经营情况，为 避免原材料价格变动带来的影响，公司及子公司拟开展商品期货套期保值业务， 通过套期保值的避险机制减少因原材料价格波动造成的产品成本波动，保证公司 利润的相对稳定。公司及子公司开展套期保值业务以正常生产经营为目的，而非 以盈利为目的进行的投机或套利交易，不会影响公司主营业务的发展，公司资金 使用安排合理。 二、开展商品期货套期保值业务的基本情况 公司董事会授权经营管理层及其授权人 ...

奕东电子科技股份有限公司 董事、高级管理人员薪酬管理制度 第一章 总则 第一条 为规范奕东电子科技股份有限公司（以下简称"公司"）董事、高级管理人员 的薪酬与绩效，建立健全符合现代企业管理制度要求的激励和约束机制，充分调动其工作 的积极性和创造性，发挥其管理、监督职能，提高企业经营管理水平，依据国家相关法律 法规及《公司章程》《董事会薪酬与考核委员会工作细则》《上市公司治理准则》的规定， 特制定本制度。 第二条 本制度适用下列人员： 第四条 公司相关薪酬考核机构可根据以下情况对董事、高级管理人员的薪酬作相应 调整，调整的依据包括： （六）其他情况。 第五条 本制度所指的薪酬是指公司董事、高级管理人员缴纳个人所得税前获得的收 （一）董事； （二）总经理、副总经理、财务总监、董事会秘书； （三）《公司章程》规定的其他高级管理人员。 第三条 薪酬与绩效考核原则： （一）薪酬标准公开、公正、公平的原则； （二）薪酬与公司长远利益相结合的原则； （三）薪酬与公司效益及工作业绩目标挂钩的原则； （四）薪酬与公司实际经营情况相结合的原则； （五）薪酬与权、责、利相结合的原则； （六）激励与约束并重的原则。 （一）同行业薪酬 ...

中国经济网北京12月19日讯 奕东电子(301123.SZ)昨晚披露关于控股股东、实际控制人的一致行动 人减持股份触及1%及5%的整数倍暨权益变动的提示性公告。 公司于近日收到控股股东、实际控制人及一致行动人王刚、宁波奕孚股权投资合伙企业(有限合伙) （原：东莞奕孚投资咨询企业（有限合伙））、宁波奕安股权投资合伙企业(有限合伙)（原：东莞奕宁 投资咨询企业（有限合伙））、宁波奕萃股权投资合伙企业(有限合伙)（原：东莞奕萃投资咨询企业 （有限合伙））、宁波奕合股权投资合伙企业(有限合伙)（原：东莞奕合投资咨询企业（有限合伙）) （以下分别简称"奕孚投资"、"奕安投资"、"奕萃投资"、"奕合投资"）出具的《关于股份减持计划实施 进展情况的告知函》和《简式权益变动报告书》。 王刚、奕孚投资、奕合投资、奕萃投资、奕宁投资按照公司2025年9月16日披露的《关于控股股 东、实际控制人的一致行动人减持股份的预披露公告》，于2025年12月10日至2025年12月17日期间，通 过集中竞价、大宗交易方式减持公司股份2,346,300股。本次权益变动后，在本次权益变动后合计持有公 司股份152,491,087股，占公司总股本 ...

Core Viewpoint - Yidong Electronics (301123.SZ) experienced a decline of 4.48%, trading at 56.55 yuan, with a total transaction volume of 1.6 billion yuan and a market capitalization of 13.27 billion yuan. The stock reached a historical high of 60 yuan yesterday, reflecting an increase of over 190% year-to-date [1]. Summary by Category - Stock Performance - Yidong Electronics' stock price fell by 4.48% to 56.55 yuan, with a peak of 60 yuan reached yesterday, marking a historical high [1]. - The stock has appreciated more than 190% year-to-date [1]. - Shareholding Changes - The company's controlling shareholder and actual controller's concerted action parties, including Wang Gang, Yifu Investment, Yian Investment, Yicui Investment, and Yihe Investment, reduced their holdings by a total of 2.3463 million shares from December 10 to December 17 [1]. - This reduction represents 1% of the company's total share capital [1].

Company News - GuoDun Quantum's chairman, Lv Pin, unexpectedly passed away [7] - CICC announced a cash dividend of 434 million yuan for the first half of 2025, with the record date set for December 26 [8] - Haitian Flavoring announced that its cash dividend ratio will not be less than 80% annually for the next three years (2025-2027) [9] - Sichuan Road and Bridge announced that China Post Insurance has increased its stake to 5% [10] - Zhongwei Company announced plans to acquire Hangzhou Zhonggui's equity, leading to a stock suspension [11] - WuXi AppTec reported that 18 shareholders, including the third, fourth, and sixth largest, collectively reduced their holdings by 29.5 million shares between November 26 and December 17 [11] - Lida Xin announced that shareholder Li Chunhua reduced his stake by 1.56% between December 10 and December 17 [12] - Visionox plans to sign an investment cooperation agreement to advance the Hefei 8.6-generation AMOLED production line project, with a second-phase capital of 9.443 billion yuan [12] - Western Mining announced that its wholly-owned subsidiary, Geermu West Mining Resources, has obtained a mining license, with gold reserves of 2.86 tons [13] - Yidong Electronics announced that a related party reduced its holdings by 2.3463 million shares between December 10 and December 17 [14] - Shandong Highway plans to provision for a long-term equity investment impairment of approximately 690 million yuan in Dongxing Securities [15] - GuoAo Technology's former actual controller, Chen Chongjun, was sentenced to six years in prison for manipulating the securities market, with a fine of 4 million yuan [16] Industry News - The Hong Kong Stock Exchange is consulting market opinions on optimizing the framework for trading units, with potential adjustments affecting about 25% of issuers [5] - The Ministry of Commerce responded to the latest developments in export controls on rare earth-related items, indicating that some Chinese exporters have met the basic requirements for applying for general licenses [5] - The National Digital Exchange System Engineering Technology Research Center, in collaboration with China Mobile and China Unicom, has achieved breakthroughs in resource scheduling efficiency and reliability through a "multi-modal on-the-fly computing" model [5] - The scale of China's biomanufacturing industry has continued to grow, reaching a total scale of 1.1 trillion yuan, with biopharmaceutical product output accounting for over 70% of the global total [5] - Platinum has become a highly sought-after asset, with the price of pure platinum reaching 815 yuan per gram, and futures contracts seeing a significant increase of 5.32% on December 18 [6]

Industry News - The State Council issued opinions on cracking down on illegal tobacco activities, emphasizing strict regulation of e-cigarettes and severe penalties for illegal production, wholesale, transportation, and sales [2][7] - Wu Qing attended a meeting to discuss the capital market's 14th Five-Year Plan, focusing on risk prevention, strong regulation, and promoting high-quality development [6][7] - The Ministry of Commerce responded to the European Commission's investigations into Chinese companies, highlighting the discriminatory nature of these actions and affirming China's commitment to protecting its enterprises [2][7] Company News - GuoDun Quantum's chairman, Lv Pin, unexpectedly passed away [10] - China International Capital Corporation announced a cash dividend of 434 million yuan for the first half of 2025, with the record date set for December 26 [10] - Li Chunhua, a shareholder of Lida Xin, reduced his stake by 1.56% between December 10 and December 17 [10] - Visionox plans to sign an investment cooperation agreement to advance the Hefei 8.6-generation AMOLED production line project, with a capital requirement of 9.443 billion yuan [10] Investment Opportunities - Micron Technology reported a booming demand for High Bandwidth Memory (HBM), with a projected compound annual growth rate (CAGR) of approximately 40%, increasing from about $35 billion in 2025 to around $100 billion by 2028 [20] - The persistent demand for memory in AI computing highlights the critical role of HBM, as the need for memory capacity and bandwidth continues to grow significantly [20]

Group 1 - China's Hainan Free Trade Port officially launched its zero-tariff operation on December 18, expanding the range of zero-tariff goods to over 6,600 items, enhancing consumer experience for travel and shopping [2] - The Ministry of Commerce has reintroduced export license management for steel for the first time in 16 years to strengthen monitoring and analysis of steel product exports [2] - A giant underwater gold mine has been discovered in Shandong Province, with proven gold reserves of over 3,900 tons, accounting for approximately 26% of the national total [2] Group 2 - The State Administration for Market Regulation emphasizes the need to strengthen the construction of a unified national market and promote fair competition [3] - The U.S. has initiated a military sale to Taiwan valued at approximately $11 billion, marking one of the largest military sales [3] - The State-owned Assets Supervision and Administration Commission has issued guidelines for holding central enterprises accountable for investment violations, effective from January 1, 2026 [3] Group 3 - The China Securities Regulatory Commission is advancing the "14th Five-Year" plan for the capital market, focusing on comprehensive reforms and high-level opening-up [4] - A-share indices showed divergence, with the Shanghai Composite Index closing up 0.16% while the Shenzhen Component Index and ChiNext Index fell by 1.29% and 2.17%, respectively [4] - The Hong Kong stock market is undergoing a narrow consolidation, with the Hang Seng Index closing up 0.12% [4] Group 4 - Morgan Stanley predicts that chip stocks will remain one of the best-performing sectors in the U.S. stock market next year, highlighting Nvidia, Broadcom, and Astera Labs as top picks [5] - Insurance asset management institutions have registered 83 asset-backed plans this year, totaling approximately 344.56 billion yuan [5] - Domestic GPU companies, Moore Threads and Muxi Co., have recently listed on the STAR Market, attracting significant investment from insurance funds [5] Group 5 - A wave of IPOs is expected in the Hong Kong capital market, with several companies starting public offerings on December 18 [6] - The Ministry of Industry and Information Technology announced that the photovoltaic industry will enter a critical phase in 2026, focusing on capacity regulation [8] Group 6 - The State Council has issued guidelines to strengthen electronic cigarette regulation and combat illegal tobacco-related activities [9] - The upcoming New Year's holiday is projected to significantly boost the domestic tourism market, with flight bookings increasing by approximately 46% year-on-year [9] - The total scale of bank wealth management products reached a historical high of about 34 trillion yuan by the end of November [9] Group 7 - The People's Bank of China will issue 40 billion yuan in central bank bills in Hong Kong on December 22, with a maturity of six months [18] - The U.S. Treasury Department reported an increase in Japan's holdings of U.S. Treasury securities to $1.2 trillion in October [18]

Group 1 - Haitai Flavor Industry plans to distribute cash dividends of no less than 80% of the net profit attributable to shareholders for the next three years (2025-2027) [2] - Haitai will implement a special dividend plan for 2025, distributing 3.0 yuan (including tax) for every 10 shares [2] Group 2 - Xusheng Group's controlling shareholder is planning a change in control, leading to a suspension of trading for the company's stock starting December 19, 2025 [3] Group 3 - Guandong Quantum's chairman, Lü Pin, has passed away, and the company expresses deep condolences [4] Group 4 - Former controlling shareholder of Guao Technology, Chen Chongjun, has been sentenced to six years in prison for manipulating the securities market, with a fine of 4 million yuan [5] - The company states that this judgment will not significantly impact its operations [5] Group 5 - Tianfeng Securities plans to extend a 4 billion yuan subordinated debt for one year and reduce the interest rate from 5% to 4% [6] Group 6 - Zhongwei Company is planning to acquire controlling stakes in Hangzhou Zhonggui Electronic Technology Co., Ltd., leading to a stock suspension starting December 19, 2025 [7] Group 7 - Shandong Highway intends to provision for a long-term equity investment impairment of approximately 690 million yuan related to Dongxing Securities, which will reduce the company's consolidated profit for 2025 by the same amount [8] Group 8 - HeFu China has experienced a significant stock price increase of 349.25% from October 28 to December 18, 2025, despite being in a loss position [9] - The company warns of risks related to high valuation and operational performance [9] Group 9 - Xizang Pharmaceutical plans to repurchase shares worth between 170 million and 200 million yuan, with a maximum repurchase price of 55 yuan per share [11] Group 10 - Junshi Biological's major shareholder, Shanghai Tanying, plans to reduce its stake by up to 2% through block trading [12] Group 11 - Dazhong Mining's major shareholders and executives plan to reduce their holdings by up to 1.44% due to personal financial needs [13] Group 12 - Ruicheng Environmental Protection's shareholder plans to reduce its stake by up to 3% [14] Group 13 - Allianz Vision's actual controller Xu Jin plans to reduce his stake by up to 0.9609% [15] Group 14 - Yidong Electronics' controlling shareholder's concerted action reduced their holdings by 1% from December 10 to December 17 [16] Group 15 - Ningbo Construction won a project bid worth 747 million yuan for infrastructure enhancement [18] Group 16 - Qinglong Pipe Industry signed a sales contract worth 55.27 million yuan for a water diversion project [19] Group 17 - Zhongfutong received a selection notice for a procurement project with estimated amounts of 411 million yuan and 162 million yuan [20] Group 18 - Shikong Technology won a bid for a smart cultural tourism integration project worth 141 million yuan [21]

Company Announcements - Guo Xin Technology's former actual controller Chen Chongjun was sentenced to six years in prison and fined 4 million yuan for manipulating the securities market [2] - Zhongwei Company is planning to acquire the controlling stake in Hangzhou Zhonggui, leading to a stock suspension [3] - Xusheng Group's controlling shareholder is planning a change of control, resulting in a stock suspension [4] - Yidong Electronics' major shareholders reduced their holdings by 2.3463 million shares between December 10 and December 17 [5] - Nandu Power's controlling shareholder has terminated plans for a change of control, leading to stock resumption [6] - Xibu Mining's subsidiary obtained a mining license for a site with 2.86 tons of gold metal [8] Financial Adjustments - Shandong Highway plans to provision for a long-term equity investment impairment of approximately 690 million yuan related to Dongxing Securities [8] - WuXi AppTec's third and fourth largest shareholders reduced their holdings by a total of 29.508 million shares between November 26 and December 17 [9] Investments and Partnerships - Weixinno plans to sign an investment cooperation agreement to advance the Hefei 8.6 generation AMOLED production line project with a capital of 9.443 billion yuan [10] - Jiangnan New Materials is investing 300 million yuan to build a high-end copper-based core material R&D and industrialization project [15] Shareholding Changes - Sichuan Road and Bridge received a stake increase from Zhongyou Insurance, raising its holding to 5% [11] - Lidasin's fifth largest shareholder reduced their holdings by 1.56% between December 10 and December 17 [12] - Ruicheng Environmental Protection's shareholder plans to reduce their holdings by up to 3% [17] Dividends and Profit Distribution - Haitian Flavoring plans to maintain a cash dividend ratio of no less than 80% for the next three years (2025-2027) [13] - CICC announced a cash dividend distribution of 434 million yuan for the first half of 2025, with a record date of December 26 [14] Financing and Listings - Baipusais plans to issue H-shares and list on the Hong Kong Stock Exchange [21]

（编辑 姚尧） 证券日报网讯 12月18日晚间，奕东电子发布公告称，公司股票于2025年12月17日、12月18日连续两个 交易日收盘价格涨幅偏离值累计超过30%，属于股票交易异常波动的情形。公司前期披露的信息不存在 需要更正、补充之处；公司未发现近期公共传媒报道了可能或已经对本公司股票交易价格产生较大影响 的未公开重大信息。 ...