Core Viewpoint - The article discusses the upcoming stock unlocks for 38 companies, with a total unlock market value of 21.678 billion yuan, highlighting the potential impact on stock prices and market sentiment [3]. Group 1: Upcoming Unlocks - Next week, 38 stocks will be unlocked, with a total market value of 21.678 billion yuan based on the latest closing prices [3]. - Among these, China Southern Airlines will have 804 million shares unlocked, with an unlock market value of 5.689 billion yuan [4]. - Filin Kesi will follow with 22 million shares unlocked, representing an unlock market value of 1.871 billion yuan [4]. Group 2: Market Performance - The average stock price of the 38 companies has decreased by 8.22% since November [7]. - Jiuqi Software has the highest price increase, with a rise of 13.74% in November, facing an unlock of 2.4883 million shares valued at 0.022 billion yuan [7]. - Huide Technology has the largest decline, with a drop of 33.96% in November, facing an unlock of 739,800 shares valued at 0.017 billion yuan [7]. Group 3: Institutional Research - Six companies, including Jianqiao Technology and Bojun Technology, have received institutional research in November [7]. - Jianqiao Technology will have 742 million yuan in market value unlocked, with 70 institutional research engagements [7]. - Bojun Technology has seen a significant improvement in operating cash flow, with an increase of over 70 million yuan compared to the previous quarter [7]. Group 4: Performance of Loss-Making Companies - Companies with performance losses, such as Hongyang Sun, Water Development Gas, and Zhongwang Software, face greater unlock pressure [8].

Core Viewpoint - Shenzhen Feilingkesi Communication Technology Co., Ltd. announced the lifting of restrictions on part of its shares prior to its initial public offering, allowing for their circulation starting November 26, 2025 [2][3][26]. Group 1: Share Restriction Details - The restricted shares being released include 22,242,090 shares, accounting for approximately 32.0759% of the company's total share capital. Of these, 5,560,523 shares will be available for circulation, representing about 8.0190% of the total share capital, while 16,681,567 shares will remain locked, making up about 24.0569% [2][5][26]. - The lifting of the share restriction is contingent upon the stock price performance, with a potential extension of the lock-up period if the stock price remains below the initial offering price of 72.00 yuan per share for a specified duration [2][5]. Group 2: Share Capital Changes - Following the initial public offering, the company's total share capital increased from 40,000,000 shares to 53,340,000 shares, with 13,340,000 shares being publicly offered. The current total share capital stands at 69,342,000 shares after a capital increase through a rights issue [3][4][28]. - The proportion of unrestricted shares has risen to 67.26%, while restricted shares now account for 32.74% of the total share capital [4][26]. Group 3: Shareholder Commitments - The controlling shareholder, Chen Longfa, has made several commitments regarding share transfers and price stability, including a promise not to transfer shares for 36 months post-listing and to limit any future sales to a maximum of 20% of his holdings within two years [6][8][9]. - Chen Longfa has also committed to measures aimed at stabilizing the stock price if it falls below the audited net asset value per share for 20 consecutive trading days [9][10]. Group 4: Compliance and Oversight - The company has confirmed that the shareholder has adhered to all commitments made during the initial public offering process, with no violations affecting the release of restricted shares [26][30]. - The sponsor institution has verified that the application for lifting share restrictions complies with relevant regulations and that the information disclosed by the company is accurate and complete [30].

国信证券股份有限公司 关于深圳市菲菱科思通信技术股份有限公司 首次公开发行前已发行股份部分解除限售 并上市流通的核查意见 国信证券股份有限公司（以下简称"国信证券"或"保荐机构"）作为深圳 市菲菱科思通信技术股份有限公司（以下简称"菲菱科思"或"公司"）首次公 开发行股票并在创业板上市的持续督导机构，根据《证券发行上市保荐业务管理 办法》《深圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范 运作》《深圳证券交易所创业板股票上市规则》的相关规定，对菲菱科思首次公 开发行前已发行股份部分解除限售并上市流通进行了审慎核查，具体核查情况如 下： 一、首次公开发行前已发行股份概况 （一）首次公开发行股份情况 根据中国证券监督管理委员会出具的《关于同意深圳市菲菱科思通信技术股 份有限公司首次公开发行股票注册的批复》（证监许可〔2022〕597 号），并经深 圳证券交易所同意，公司首次向社会公开发行人民币普通股（A 股）股票 13,340,000 股，于 2022 年 5 月 26 日在深圳证券交易所创业板上市交易。 首次公开发行前公司总股本为 40,000,000 股，首次公开发行股票完成后，公 司总股本 ...

证券代码：301191 证券简称：菲菱科思 公告编号：2025-074 深圳市菲菱科思通信技术股份有限公司 关于首次公开发行前已发行股份部分解除限售 并上市流通的提示性公告 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。 特别提示： 1、本次上市流通的限售股份为深圳市菲菱科思通信技术股份有限公司（以 下简称"公司"或"菲菱科思"）首次公开发行前已发行的部分股份以及 2022 年年度权益分派实施的转增股份，申请解除股份限售的股东户数 1 户，为公司控 股股东、实际控制人陈龙发先生。该部分股份限售期自公司首次公开发行股票并 上市之日起至 2025 年 11 月 25 日(公司股票自上市起 6 个月内连续 20 个交易日 收盘价均低于公司首次公开发行股票价格 72.00 元/股，依据股东承诺延长股份限 售期 6 个月)。 2、本次申请解除限售股份的数量为 22,242,090 股，占公司总股本的比例约 为 32.0759%。其中本次实际可上市流通的股份数量为 5,560,523 股，占公司总股 本的比例约为 8.0190%；继续锁定的股份数量为 16,681,567 ...

Group 1 - The company, Feiling Kesi, announced that it will accept investor research from Jindouzi Fund and others on November 20, 2025, with participation from the board secretary and securities representatives [1] - For the year 2024, the company's revenue composition is entirely from the communication terminal equipment manufacturing industry, accounting for 100.0% [1] - As of the report date, Feiling Kesi has a market capitalization of 6 billion yuan [1]

Group 1: Company Strategy and Business Growth - The company focuses on its core business, developing a multi-dimensional business system including "CT communication + computing + high-end IT PCBA manufacturing + automotive electronics manufacturing" [2] - The company is actively expanding its overseas market presence, with successful business development in international markets [2] - In the automotive electronics sector, the company has achieved mass production and delivery of products such as vehicle networking and intelligent control T-BOX displays [2] Group 2: Shareholder and Order Management - The controlling shareholder has no current plans for share reduction, focusing instead on strengthening the main business [3] - The company has a robust order backlog for Q4, with production lines in Shenzhen operating at full capacity [3] Group 3: International Market Development - The company is currently targeting clients in Japan and South Korea, providing ODM services and complete solutions [3] - The company aims to expand its customer base in Africa, Europe, and North America based on initial successes in Asia [3] Group 4: Product Development and Incentives - The company has become a qualified supplier for several automotive manufacturers, with ongoing projects involving T-BOX, P-BOX, and domain controllers [4] - The 2025 stock option incentive plan includes 6,934,200 options, representing 2.01% of the total share capital, with performance targets set for revenue growth of 35% in 2026, 60% in 2027, and 90% in 2028 [4]

证券代码：301191 证券简称：菲菱科思 公告编号：2025-073 深圳市菲菱科思通信技术股份有限公司 2025 年第三次临时股东会决议公告 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。 特别提示： 1、本次股东会未出现否决议案的情形 一、会议召开情况 （一）召集人：公司第四届董事会 （二）会议召开时间 1、现场会议召开时间：2025 年 11 月 18 日（星期二）下午 14:30 2、网络投票时间：2025 年 11 月 18 日（星期二） 其中，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 11 月 18 日 9:15-9:25，9:30-11:30 和 13:00-15:00；通过深圳证券交易所互联网系统 （http://wltp.cninfo.com.cn）投票的具体时间为：2025 年 11 月 18 日 9:15-15:00 期 间的任意时间。 （三）现场会议召开地点：深圳市宝安区福海街道高新开发区建安路德的工 业园 A 栋公司二楼会议室 （四）会议主持人:公司董事长陈龙发先生 （五）表决方式：本次股东会采取现场表决和网络投 ...

北京市中伦（深圳）律师事务所 关于深圳市菲菱科思通信技术股份有限公司 2025年第三次临时股东会的 法律意见书 二〇二五年十一月 法律意见书 北京市中伦（深圳）律师事务所 关于深圳市菲菱科思通信技术股份有限公司 法律意见书 人员的资格、召集人资格及会议表决程序、表决结果是否符合《公司法》《股东 会规则》等法律、法规、规范性文件及《公司章程》的规定发表意见，不对会议 审议的议案内容以及该等议案所表述的事实或数据的真实性及准确性发表意见。 本所及本所律师依据《证券法》《律师事务所从事证券法律业务管理办法》 和《律师事务所证券法律业务执业规则（试行）》等规定及本法律意见书出具日 以前已经发生或者存在的事实，严格履行了法定职责，遵循了勤勉尽责和诚实信 用原则，进行了充分的核查验证，保证本法律意见书所认定的事实真实、准确、 完整，所发表的结论性意见合法、准确，不存在虚假记载、误导性陈述或者重大 遗漏，并承担相应法律责任。 2025 年第三次临时股东会的 法律意见书 致：深圳市菲菱科思通信技术股份有限公司 北京市中伦（深圳）律师事务所（以下简称"本所"）受深圳市菲菱科思通 信技术股份有限公司（以下简称"公司"）委托，指派 ...

Core Viewpoint - The company conducted a self-examination regarding stock trading activities related to its stock option incentive plan, confirming no insider trading occurred during the specified period [1][6]. Group 1: Self-Examination Process - The self-examination covered insider information recipients and incentive targets, with all insider information recipients completing a registration form [1][2]. - The company verified stock trading activities through the Shenzhen branch of China Securities Depository and Clearing Corporation, obtaining necessary documentation [1][7]. Group 2: Trading Activities of Insider Information Recipients - During the self-examination period, no insider information recipients engaged in stock trading, indicating no misuse of insider information [2][6]. Group 3: Trading Activities of Incentive Targets - Thirteen incentive targets engaged in stock trading during the self-examination period, but their actions were based on personal judgment and publicly available information, not insider information [3][6]. - The company confirmed that these trading activities did not involve any insider information leaks or recommendations [3][6]. Group 4: Company Stock Buyback Activities - The company executed stock buybacks during the self-examination period, following a board-approved buyback plan [4][5]. - The buyback activities were conducted in compliance with legal requirements and did not involve insider information [5][6]. Group 5: Activities of Intermediary Institutions - Guosen Securities engaged in stock trading during the self-examination period, but these transactions were based on independent investment strategies without knowledge of the company's incentive plan [5][6]. Group 6: Conclusion - The company adhered to legal and regulatory requirements throughout the incentive plan's preparation, ensuring no insider information was leaked and confirming that stock trading was based on independent judgment [6].

Core Viewpoint - Shenzhen Feiling Kesi Communication Technology Co., Ltd. has conducted a self-examination regarding insider trading related to its 2025 stock option incentive plan, confirming no violations occurred during the review period [1][6]. Group 1: Insider Information and Trading - The company held its fourth board meeting on October 28, 2025, where it approved the draft of the 2025 stock option incentive plan [1]. - A self-examination was conducted for insider information recipients and incentive objects regarding their stock trading activities in the six months prior to the public disclosure of the incentive plan [2]. - All insider information recipients confirmed they did not engage in any stock trading activities during the self-examination period, indicating no misuse of insider information [3]. Group 2: Trading Activities of Incentive Objects - Thirteen incentive objects were found to have engaged in stock trading during the self-examination period, while the remaining incentive objects did not [4]. - The trading activities of these thirteen individuals were based on their independent investment decisions, without prior knowledge of the incentive plan details, thus not constituting insider trading [4]. Group 3: Company and Third-Party Trading - The company’s repurchase account engaged in stock buying during the self-examination period, following a board-approved repurchase plan [5]. - Guosen Securities also conducted stock trading during this period, which was based on independent investment strategies, with no insider information involved [5]. Group 4: Conclusion - The company adhered to legal and regulatory requirements throughout the planning of the incentive plan, ensuring that no insider information was leaked and that all trading activities were conducted independently [6].