本文源自：金融界 7月31日，沪深两融数据显示，威尔高获融资买入额0.61亿元，居两市第723位，当日融资偿还额0.68亿 元，净卖出721.96万元。 最近三个交易日，29日-31日，威尔高分别获融资买入0.58亿元、0.49亿元、0.61亿元。 融券方面，当日融券卖出0.00万股，净卖出0.00万股。 作者：智投君 ...

Group 1: Company Performance - Shijia Photon reported a revenue of 993 million yuan for the first half of 2025, a year-on-year increase of 121.12%, and a net profit of 217 million yuan, up 1712% [1] - Willgo expects a net profit of 43 to 50 million yuan for the first half of 2025, representing a year-on-year growth of 12.55% to 30.87% [2] - Huaqin Technology anticipates revenue between 83 to 84 billion yuan, a year-on-year increase of 110.7% to 113.2%, and a net profit of 1.87 to 1.90 billion yuan, up 44.8% to 47.2% [2] - Industrial Fulian expects a net profit of 11.958 to 12.158 billion yuan for the first half of 2025, a year-on-year increase of 36.84% to 39.12% [3] Group 2: Industry Trends - The growth in performance for these companies is primarily driven by the rapid development of artificial intelligence, leading to increased demand in various sectors [1][2][3] - The AI server revenue for Industrial Fulian grew over 60% year-on-year, with cloud service server revenue increasing by more than 1.5 times compared to the previous year [3] - The Chinese AI industry is expected to experience explosive growth, with projections indicating a rise from 398.5 billion yuan to 1.7295 trillion yuan from 2025 to 2035, reflecting a compound annual growth rate of 15.6% [3]

天眼查商业履历信息显示，江西威尔高电子股份有限公司，成立于2017年，位于吉安市，是一家以从事 计算机、通信和其他电子设备制造业为主的企业。企业注册资本13462.176万人民币，实缴资本 13462.176万人民币。公司法定代表人为邓艳群。 通过天眼查大数据分析，江西威尔高电子股份有限公司共对外投资了1家企业，参与招投标项目20次， 知识产权方面有商标信息8条，专利信息103条，此外企业还拥有行政许可24个。 来源：金融界 金融界消息 截至2025年7月29日收盘，威尔高（301251）报收于43.46元，下跌1.0%，换手率21.3%，成 交量11.49万手，成交金额4.96亿元。 资金流向方面，今日主力资金净流出1841.01万元，占比成交额3.71%。其中，超大单净流出3638.36万 元、占成交额7.34%，大单净流入1797.35万元、占成交额3.63%，中单净流出流入3233.13万元、占成交 额6.52%，小单净流出1392.11万元、占成交额2.81%。 威尔高最新一期业绩显示，截至2025一季报，公司营业总收入3.09亿元、同比增长51.54%，归属净利润 2231.58万元，同比增长6. ...

Industry Overview - The global PCB market is projected to reach $73.565 billion in 2024, with a year-on-year growth of 5.8%, and is expected to grow to $94.661 billion by 2029, reflecting a compound annual growth rate (CAGR) of 5.2% from 2024 to 2029 [1] - PCB is essential for the development of electronic devices such as smartphones and AI servers, indicating strong underlying demand in the electronics sector [1] Company Performance - Willgo announced an expected revenue of $700 million to $720 million for the first half of the year, representing a year-on-year increase of 55.41% to 59.85%. The net profit is projected to be between $43 million and $50 million, with a growth of 12.55% to 30.87% [3] - Willgo attributes its performance to increased demand from the AI market, expansion of overseas clients, and advancements in technology, leading to a significant growth in orders [3] - Mankun Technology forecasts a net profit of $60 million to $70 million for the first half of 2025, marking a year-on-year increase of 53.98% to 79.64%, driven by capacity ramp-up and optimization of product and customer structure [3] - Shengyi Electronics expects revenue between $3.65 billion and $3.88 billion for the first half of 2025, a year-on-year increase of 84.98% to 96.73%, with net profit projected at $511 million to $549 million, reflecting a growth of 432.01% to 471.45% [4] - Shengyi Electronics attributes its significant growth to continuous optimization of product structure and strategic capacity adjustments, enhancing its competitive edge in the mid-to-high-end market [4]

Core Viewpoint - The PCB industry is experiencing significant growth driven by strong downstream demand, with many companies in the sector reporting positive performance forecasts for the first half of 2025 [1][3]. Industry Overview - PCB is essential for electronic components, serving as a bridge for connecting circuits, widely used in various sectors including communication, computing, automotive electronics, AI, medical, and aerospace [2]. - According to Prismark data, the global PCB market is projected to reach $73.565 billion in 2024, with a year-on-year growth of 5.8%, and is expected to grow to $94.661 billion by 2029, reflecting a compound annual growth rate of 5.2% from 2024 to 2029 [2]. Company Performance - Weirgao expects its revenue for the first half of the year to be between 700 million to 720 million yuan, representing a year-on-year increase of 55.41% to 59.85%, with net profit projected between 43 million to 50 million yuan, up 12.55% to 30.87% [3]. - Mankun Technology anticipates a net profit of 60 million to 70 million yuan for the same period, marking a growth of 53.98% to 79.64%, driven by capacity ramp-up and optimization of product and customer structure [3]. Capacity Expansion - PCB companies are actively expanding production capacity to meet rising market demand, with Weirgao's new factory in Thailand and plans for a second phase in Jiangxi to enhance overall capacity [4]. - Weirgao's Thailand factory focuses on AI power and automotive electronic products, achieving breakthroughs in DC-DC product technology and facilitating mass production [4]. Competitive Advantage - The PCB industry has high entry barriers and stringent quality requirements from downstream customers, leading to long-term partnerships based on technology, product quality, and cost considerations [5]. - Companies are focusing on enhancing product value and creating differentiated competitive advantages, with Mankun Technology increasing its production capacity for automotive electronics and investing in R&D for core systems in new energy vehicles [6].

Group 1 - Liu Pharmaceutical Group plans to repurchase shares worth between 100 million and 200 million yuan, with a maximum repurchase price of 25.70 yuan per share [1] - Dongshan Precision intends to invest up to 1 billion USD to build a high-end printed circuit board project to meet the long-term demand for high-end printed circuit boards in emerging scenarios such as AI [1] - Bomaike reported a net profit of 12.39 million yuan for the first half of the year, a year-on-year decline of 80.42% [2] Group 2 - Western Mining achieved a net profit of 1.869 billion yuan in the first half of the year, a year-on-year increase of 15% [2] - Fuliwang expects a net loss of approximately 17 million yuan for the first half of the year, a decrease of 137.12% compared to the same period last year [2] - Digital Certification anticipates a net loss of between 80 million and 96 million yuan for the first half of the year, compared to a loss of 29.25 million yuan in the same period last year [3] Group 3 - Shanghai Construction reported a net profit of 710 million yuan for the first half of the year, a year-on-year decrease of 14.04% [5] - Funneng Co. achieved a net profit of 1.337 billion yuan in the first half of the year, a year-on-year increase of 12.48% [6] - Tengda Construction's total contract amount for the first half of the year decreased by 17.55% year-on-year [7] Group 4 - Fudan Fuhua decided to terminate the public transfer of a 28% stake in a subsidiary due to the lack of a deposit from potential buyers [9] - Fulei Ant's subsidiary has decided to cease operations due to intense competition in the photovoltaic industry and ongoing losses [11] - Dongfang Ocean's subsidiary received a medical device registration certificate for a folic acid testing kit [14] Group 5 - Huayu Pharmaceutical's subsidiary received overseas listing approvals for several products [16] - Feima International received a performance commitment compensation of 437 million yuan from its controlling shareholder [16] - Guangshen Railway signed a cooperation agreement for the Guangzhou East Station renovation project with a total investment of approximately 16.66 billion yuan [16] Group 6 - Anhui Construction won the bid for the S68 Jingde to Jixi Expressway project with an estimated total investment of 5.7 billion yuan [18] - China Communications Construction Company signed new contracts worth 991.054 billion yuan in the first half of the year, a year-on-year increase of 3.14% [19] - Kehui Co. plans to use up to 70 million yuan of idle funds for cash management [22] Group 7 - Biological Shares' subsidiary received a clinical trial approval for a cat mRNA vaccine, the first of its kind in China [23] - Ruipu Biological received a clinical trial approval for a pig mRNA vaccine, which is the first economic animal mRNA vaccine in China [24] - Nanjing New Hundred's major assets were judicially frozen due to liquidity debt crisis faced by its controlling shareholder [27] Group 8 - Changshu Bank plans to merge three village banks and establish branches, pending shareholder approval [28] - Yong'an Pharmaceutical plans to reduce its holdings by up to 2.6323 million shares [29] - Zhujiang Co. received approval from the Shanghai Stock Exchange for a stock issuance to specific targets [31] Group 9 - Sanyangma's subsidiary signed a 120 million yuan procurement contract for sensor products [33] - Jintou City Development plans to purchase a villa property for approximately 7.1854 million yuan [35] - Yuanli Co. intends to acquire 100% of Tongsheng Co. through a combination of cash and stock issuance [36] Group 10 - Xin'an Century's controlling shareholder plans to reduce holdings by up to 2.22% of the company's shares [36] - Fute Technology plans to raise up to 528 million yuan through a private placement for various projects [36] - Helen Piano's actual controller is set to change, with stock resuming trading [37] Group 11 - Weiergao expects a net profit increase of 12.55% to 30.87% for the first half of the year [38] - Saiwei Microelectronics plans to transfer up to 18% of its shares through an agreement [40] - Yongli Co. intends to acquire a 22.75% stake in a subsidiary [42] Group 12 - ST Xiachuang plans to publicly transfer a 20% stake in Guangdong Yuweiji [43] - Dema Technology's shareholders plan to transfer 778.84 million shares through an inquiry [45] - Zhongshi Technology's shareholders plan to reduce holdings by up to 2.86% of the company's shares [46] Group 13 - Wufang Optoelectronics' controlling shareholder plans to reduce holdings by up to 0.93% of the company's shares [48] - Fusenmei's chairman has been detained, temporarily unable to fulfill his duties [49] - Reliable Co.'s shareholders plan to reduce holdings by a total of up to 2.63% of the company's shares [51] Group 14 - Gao Neng Environment plans to repurchase shares worth between 100 million and 150 million yuan [53]

Core Viewpoint - The supervisory board of Jiangxi Weiergao Electronics Co., Ltd. has reviewed and approved the 2025 Restricted Stock Incentive Plan, stating that it aligns with relevant laws and regulations, and is beneficial for the company's sustainable development without harming the interests of the company and its shareholders [1][4]. Summary by Sections Compliance and Legal Framework - The draft of the 2025 Restricted Stock Incentive Plan complies with the Company Law, Securities Law, and relevant regulations, having followed the necessary legal procedures [1]. - The company does not fall under any prohibitive conditions outlined in the management regulations for implementing stock incentive plans [1][2]. Eligibility of Incentive Objects - The initial recipients of the incentive plan meet the qualifications set forth in the Company Law and Securities Law, and do not fall under any disqualifying conditions [2][3]. - The company will publicly disclose the names and positions of the incentive recipients for at least 10 days before the shareholders' meeting [3]. Strategic Benefits - The implementation of the incentive plan is expected to support the company's strategic goals, enhance corporate governance, attract and retain talent, and align the interests of the company, shareholders, and employees [4]. - The supervisory board believes that the plan will promote the long-term development of the company and does not harm the interests of the company or its shareholders [4].

证券代码：301251 证券简称：威尔高 公告编号：2025-018 江西威尔高电子股份有限公司 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。 第八条 董事长为公司的法定代表人。 第八条 代表公司执行公司事务的董事为公 司的法定代表人。担任法定代表人的董事辞 任的，视为同时辞去法定代表人。辞任之日 江西威尔高电子股份有限公司（以下简称"公司"）于 2025 年 7 月 24 日召开了 第二届董事会第七次会议审议通过了《关于修订 <公司章程> 的议案》，该议案尚需 提交公司 2025 年第一次临时股东大会审议。根据《中华人民共和国公司法》《中华 人民共和国证券法》《上市公司章程指引》《深圳证券交易所创业板股票上市规则》 等法律法规及规范性文件的规定及实际情况，修订《江西威尔高电子股份有限公司 章程》（下文称"《公司章程》"）具体修订情况如下： 原章程条款 修订后的章程条款 全文 股东大会 全文 股东会 起三十日内确定新的法定代表人。 新增 第九条 法定代表人以公司名义从事的民事 活动，其法律后果由公司承受，本章程或者 股东会对法定代表人职权的限制，不得对抗 善 ...

董事和高级管理人员所持本股份及其变动管理制 否 度 证券代码：301251 证券简称：威尔高 公告编号：2025-019 江西威尔高电子股份有限公司 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。 为全面贯彻落实最新法律法规要求，确保公司治理与监管规定保持同步，进 一步规范公司运作机制，提升公司治理水平，根据《公司法》《上市公司章程指 引》《上市公司信息披露管理办法》《深圳证券交易所创业板股票上市规则》《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》等最 新法律法规、规范性文件的要求，江西威尔高电子股份有限公司（以下简称"公 司"）结合实际经营情况，于 2025 年 7 月 24 日召开了第二届董事会第七次会议 审议通过了《关于修订及制定相关制度的议案》，对公司相关内部管理制度进行 了修订、制定，该议案尚需提交公司 2025 年第一次临时股东大会审议。具体情 况如下： 序 制度名称 变 更 情 是否需要股东会审 号 况 议 注：制度名称由《股东大会议事规则》调整为《股东会议事规则》；《董事、监事和高 级管理人员所持本股份及其变动管理 ...

Core Points - Jiangxi Weiergao Electronics Co., Ltd. was established as a joint-stock company based on Jiangxi Weiergao Electronics Technology Co., Ltd. and registered with the Ji'an Market Supervision Administration [2][3] - The company received approval from the China Securities Regulatory Commission for its registration on July 11, 2023, and publicly issued 33.65544 million shares of ordinary stock, which were listed on the Shenzhen Stock Exchange's Growth Enterprise Market on September 6, 2023 [2][3] - The registered capital of the company is RMB 134.62176 million [3] Company Structure - The company is a permanent joint-stock company with all assets divided into equal shares, and shareholders are liable for the company's debts only to the extent of their shareholdings [3][4] - The legal representative of the company is the director who executes company affairs, and the company bears civil liability for actions taken by the legal representative [3][4] Business Objectives and Scope - The company's business objective is to provide high-cost performance products and quality services, with a focus on customer orientation and a high-performance corporate culture [4][5] - The registered business scope includes the production and sale of electronic products, double-sided and multi-layer printed circuit boards, LED energy-saving lamps, and the import and export of related materials [5] Share Issuance and Structure - The company's shares are issued in the form of stocks, with all shares being ordinary shares with a par value of RMB 1 each [5][6] - The total number of shares issued by the company is 134.62176 million, all of which are ordinary shares [6][7] Shareholder Rights and Responsibilities - Shareholders have rights to dividends, voting, supervision of company operations, and access to company documents [12][13] - Shareholders are obligated to comply with laws and regulations, pay for their subscribed shares, and not misuse their rights to harm the company or other shareholders [15][16] Governance and Meetings - The company holds annual and temporary shareholder meetings, with specific procedures for calling and conducting these meetings [52][53] - The board of directors is responsible for convening shareholder meetings and must ensure compliance with legal and regulatory requirements [56][57]