东南电子股份有限公司 关于使用闲置募集资金和自有资金进行现金管理的 公告 证券代码：301359 证券简称：东南电子 公告编号：2025-040 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。 东南电子股份有限公司（以下简称"公司"）于2025年10月27日召开了第四届 董事会第三次会议，审议通过了《关于使用闲置募集资金和自有资金进行现金管 理的议案》，同意在不影响公司正常运营和募集资金投资项目正常实施的情况下， 使用合计不超过42,500万元（含本数）闲置募集资金和自有资金进行现金管理， 其中使用不超过人民币19,000万元（含本数）的闲置募集资金用于购买安全性较 高、流动性较好且期限最长不超过12个月的保本型产品，使用不超过人民币 23,500万元（含本数）的自有资金进行现金管理，用于购买安全性高、流动性好 且期限最长不超过36个月的理财产品。使用期限自董事会审议通过之日起12个月 内有效，在前述额度和期限范围内，资金可循环滚动使用。现将具体情况公告如 下： 一、募集资金基本情况 经中国证券监督管理委员会《关于同意东南电子股份有限公司首次公开发行 股票注册 ...

东南电子股份有限公司 第四届董事会第三次会议决议公告 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。 一、董事会会议召开情况 东南电子股份有限公司（以下简称"公司"）第四届董事会第三次会议于 2025 年 10 月 27 日下午在公司会议室以现场结合通讯方式召开，本次会议通知已于 2025 年 10 月 17 日以邮件、电话方式送达各位董事。本次会议应出席董事 9 人， 实际出席董事 9 人，其中独立董事孙俊科、常小东以通讯方式参会。 证券代码：301359 证券简称：东南电子 公告编号：2025-038 表决结果：9 票同意，0 票反对，0 票弃权。 （二）审议通过《关于使用闲置募集资金和自有资金进行现金管理的议案》 在确保不影响公司正常运营和募集资金投资项目正常实施的情况下，使用不 超过人民币 19,000 万元（含本数）的闲置募集资金用于购买安全性较高、流动 性较好且期限最长不超过 12 个月的保本型产品，使用不超过人民币 23,500 万元 （含本数）的自有资金进行现金管理，用于购买安全性高、流动性好且期限最长 不超过 36 个月的理财产品。使用期限自 ...

Revenue and Profitability - Revenue for Q3 2025 reached ¥86,944,884.87, an increase of 16.63% compared to the same period last year[5] - Net profit attributable to shareholders decreased by 26.77% to ¥8,037,294.67 in Q3 2025[5] - Basic and diluted earnings per share fell by 47.71% to ¥0.0669[5] - Total operating revenue for the current period reached ¥242,020,049.17, an increase of 8.2% compared to ¥223,849,875.84 in the previous period[22] - Net profit for the current period was ¥29,625,893.67, a decrease of 11.0% from ¥33,371,393.06 in the previous period[23] - Total comprehensive income attributable to the parent company decreased from 33,371,393.06 to 29,625,893.67, a decline of approximately 11.0%[24] - Basic and diluted earnings per share decreased from 0.3888 to 0.2465, representing a decrease of about 36.5%[24] Cash Flow - Cash flow from operating activities showed a significant increase of 148.55%, totaling ¥37,752,206.26 for the year-to-date[12] - Cash inflow from operating activities totaled 253,850,617.71, up from 222,090,807.53, an increase of about 14.3%[25] - Cash outflow from operating activities increased slightly to 216,098,411.45 from 206,901,886.42, an increase of approximately 4.0%[25] - Net cash flow from investing activities was -33,791,262.31, an improvement from -209,369,013.76, indicating a reduction in cash outflow by about 83.9%[26] - Cash and cash equivalents at the end of the period decreased to 257,518,611.59 from 277,786,217.33, a decline of approximately 7.3%[26] - Total cash inflow from investing activities was 327,536,728.40, significantly higher than the previous period's 60,272,515.48[26] - Total cash outflow from investing activities increased to 361,327,990.71 from 269,641,529.24, an increase of about 34.0%[26] - The company’s net cash flow from financing activities remained unchanged at -43,019,000.00[26] Assets and Liabilities - Total assets as of September 30, 2025, were ¥910,611,297.38, a decrease of 2.27% from the end of the previous year[5] - Total assets decreased to ¥910,611,297.38 from ¥931,796,956.70, a decline of 2.3%[20] - Total liabilities decreased to ¥66,956,485.34 from ¥74,976,747.33, a reduction of 10.7%[20] - The company's equity attributable to shareholders decreased to ¥843,654,812.04 from ¥856,820,209.37, a decline of 1.5%[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,279[13] - The top three shareholders, Qiu Wenkuai, Guan Xianyao, and Zhao Yizhong, hold 15.64%, 15.23%, and 9.14% of shares respectively[13] - The total number of shares held by the top ten shareholders is 88,000,000, accounting for a significant portion of the company's equity[13] - Qiu Wenkuai has 18,302,754 shares, with 5,229,358 shares subject to lock-up until November 2024[15] - Guan Xianyao's shares also include 5,229,359 shares under lock-up conditions until November 2024[15] - The total number of restricted shares at the beginning of the period was 59,731,819, with 24,580,314 shares released during the period[16] - The company plans to increase the number of restricted shares due to the implementation of a rights issue in 2024[16] - The total number of unrestricted shares held by the top ten unrestricted shareholders is 8,000,000[13] - The company has no preferred shareholders or changes in limited shares during the reporting period[14] - There are no significant changes in the financing and securities lending activities of the top ten shareholders[13] Expenses - Total operating costs amounted to ¥212,645,566.35, up from ¥188,076,159.38, reflecting a year-over-year increase of 13.1%[22] - Research and development expenses increased to ¥12,065,927.42 from ¥10,978,985.82, reflecting a growth of 9.9%[22] - The company reported a 90.37% reduction in financial expenses, amounting to -¥695,500.34[11] Investments - Investment income surged by 949.24% to ¥513,218.29, primarily due to increased financial product returns[11] - The company’s long-term equity investments increased by 184.71% to ¥226,896.67, reflecting enhanced external investments[10] - Cash flow from investing activities improved significantly, with a net cash outflow of -¥33,791,262.31, down 83.86% from the previous year[12] - Inventory increased to ¥72,229,214.24 from ¥70,114,019.46, reflecting a growth of 3.0%[18] - Accounts receivable decreased to ¥108,856,070.04 from ¥116,057,012.49, a reduction of 6.1%[18]

Core Viewpoint - Southeast Electronics has shown a mixed performance in its stock price, with a year-to-date increase of 25.98% but recent declines over various trading periods [1] Company Overview - Southeast Electronics, established on August 25, 1995, is located in the Leqing Economic Development Zone, Zhejiang Province. The company was listed on November 9, 2022, and specializes in the design, research and development, production, and sales of micro switches [1] - The revenue composition of Southeast Electronics includes: 67.64% from home appliance micro switches and components, 12.97% from other products, 6.92% from power tool micro switches, 6.78% from smart low-voltage micro switches, and 5.69% from automotive micro switches and components [1] Financial Performance - For the first half of 2025, Southeast Electronics achieved an operating income of 155 million yuan, representing a year-on-year growth of 3.87%. However, the net profit attributable to the parent company was 21.59 million yuan, reflecting a year-on-year decrease of 3.60% [1] - Since its A-share listing, the company has distributed a total of 107 million yuan in dividends [2] Shareholder Structure - As of June 30, 2025, the number of shareholders for Southeast Electronics was 8,217, an increase of 16.24% from the previous period. The average circulating shares per person were 4,364, up by 18.17% [1] - Among the top ten circulating shareholders, Dazhong Zhongzheng 360 Internet + Index A (002236) is the third-largest shareholder with 753,000 shares, an increase of 176,700 shares from the previous period. Nu'an Multi-Strategy Mixed A (320016) is the fifth-largest shareholder with 516,700 shares, being a new entrant. Meanwhile, Huaxia Zhongzheng 500 Index Enhanced A (007994) is the ninth-largest shareholder with 294,700 shares, a decrease of 237,900 shares from the previous period [2]

Core Insights - Southeast Electronics experienced a slight decline of 0.35% in stock price on October 10, with a trading volume of 31.08 million yuan [1] - The company reported a financing net purchase of 501,900 yuan on the same day, with a total financing balance of 39.33 million yuan, representing 5.01% of its market capitalization [1] - The company’s main business revenue composition includes 67.64% from household appliance micro switches and components, with other segments contributing smaller percentages [1] Financing and Shareholder Information - As of June 30, the number of shareholders increased by 16.24% to 8,217, with an average of 4,364 circulating shares per person, up by 18.17% [2] - For the first half of 2025, the company achieved a revenue of 155 million yuan, a year-on-year increase of 3.87%, while net profit attributable to shareholders decreased by 3.60% to 21.59 million yuan [2] - The company has distributed a total of 107 million yuan in dividends since its A-share listing [3] Institutional Holdings - As of June 30, 2025, the third-largest circulating shareholder is Dazhong CSI 360 Internet + Index A, holding 753,000 shares, an increase of 176,700 shares from the previous period [3] - Nuon Multi-Strategy Mixed A is a new entrant among the top ten circulating shareholders, holding 516,700 shares [3] - Huaxia CSI 500 Index Enhanced A reduced its holdings by 23.79% to 294,700 shares and exited the top ten circulating shareholders list [3]

Market Overview - The other electronic sector experienced a decline of 1.69% on October 10, with C Yunhan leading the drop [1] - The Shanghai Composite Index closed at 3897.03, down 0.94%, while the Shenzhen Component Index closed at 13355.42, down 2.7% [1] Stock Performance - Notable gainers included: - Jingquanhua (002885) with a closing price of 20.52, up 10.03% and a trading volume of 298,400 shares [1] - Igor (002922) closed at 23.00, up 5.50% with a trading volume of 508,900 shares [1] - Chuangyitong (300991) closed at 41.81, up 3.16% with a trading volume of 73,100 shares [1] - Major decliners included: - C Yunhan (301563) closed at 142.27, down 13.55% with a trading volume of 82,900 shares [2] - Tailong Co. (300650) closed at 18.55, down 8.85% with a trading volume of 273,200 shares [2] - Liyuan Information (300184) closed at 11.38, down 7.78% with a trading volume of 1,224,600 shares [2] Capital Flow - The other electronic sector saw a net outflow of 401 million yuan from institutional investors, while retail investors experienced a net inflow of 187 million yuan [2] - Notable capital inflows included: - Xiangnan Xinchuan (300475) with a net inflow of 216 million yuan from institutional investors [3] - Igor (002922) with a net inflow of 138 million yuan from institutional investors [3] - Conversely, significant outflows were observed in: - Jingquanhua (002885) with a net outflow of 116 million yuan from institutional investors [3] - Keleke (002782) with a net outflow of 56 million yuan from retail investors [3]

Core Viewpoint - Southeast Electronics (301359) has shown a positive trend in financing activities, with a net financing purchase of 12.78 million yuan on September 25, 2025, indicating growing investor interest [1][2]. Financing Activities Summary - On September 25, 2025, the financing buy-in was 1.9567 million yuan, while financing repayment was 1.829 million yuan, resulting in a net financing purchase of 0.1278 million yuan. The financing balance reached 35.871 million yuan, with a cumulative net purchase of 1.3943 million yuan over the last three trading days [1][2]. - The financing balance on September 25 represented 4.79% of the circulating market value, showing a slight increase from previous days [2]. - The financing balance increased by 0.36% compared to the previous day, reflecting a positive trend in investor sentiment [3]. Margin Trading Summary - The total margin trading balance on September 25 was 35.871 million yuan, with a change of 0.1278 million yuan, indicating a 0.36% increase [3]. - The margin trading balance has shown fluctuations over the past few days, with the highest increase recorded at 5.34% on September 19, 2025 [3]. Additional Information - Margin trading involves borrowing money from a securities company to purchase stocks, while short selling involves borrowing stocks to sell them, with the expectation of repurchasing them at a lower price [4].

Core Viewpoint - Southeast Electronics has experienced a decline in stock price recently, despite a significant increase in stock price year-to-date, indicating potential volatility in the market [1] Company Overview - Southeast Electronics, established on August 25, 1995, is located in Leqing Economic Development Zone, Zhejiang Province, and was listed on November 9, 2022 [1] - The company specializes in the design, research and development, production, and sales of micro switches [1] - Revenue composition includes: 67.75% from home appliance micro switches and components, 13.99% from other products, 6.57% from power tool micro switches, 6.35% from automotive micro switches and components, and 5.34% from smart low-voltage micro switches [1] Stock Performance - As of August 29, the stock price of Southeast Electronics is 21.35 CNY per share, with a market capitalization of 2.566 billion CNY [1] - Year-to-date stock price increase is 36.61%, with a recent decline of 5.53% over the last five trading days and a slight decrease of 0.05% over the last 20 days [1] - The stock has increased by 10.68% over the last 60 days [1] Financial Performance - For the first half of 2025, the company achieved a revenue of 155 million CNY, representing a year-on-year growth of 3.87% [1] - The net profit attributable to shareholders was 21.59 million CNY, showing a year-on-year decrease of 3.60% [1] Shareholder Information - As of June 30, 2025, the number of shareholders increased by 16.24% to 8,217, with an average of 4,364 circulating shares per person, up by 18.17% [1] - The company has distributed a total of 107 million CNY in dividends since its A-share listing [2] - Notable institutional shareholders include Dazhong Zhongzheng 360 Internet + Index A and Nuoan Multi-Strategy Mixed A, with changes in their holdings noted [2]

Group 1 - Southeast Electronics experienced a decline of 5.12% on August 28, with a stock price of 20.58 CNY per share, a trading volume of 63.13 million CNY, a turnover rate of 8.19%, and a total market capitalization of 2.473 billion CNY [1] - The company, established on August 25, 1995, is located in the Yejing Economic Development Zone, Zhejiang Province, and specializes in the design, research and development, production, and sales of micro switches [1] - The revenue composition of Southeast Electronics includes 67.75% from household appliance micro switches and components, 13.99% from other sources, 6.57% from power tool micro switches, 6.35% from automotive micro switches and components, and 5.34% from smart low-voltage micro switches [1] Group 2 - Among the top ten circulating shareholders of Southeast Electronics, one fund under Huaxia Fund holds shares, specifically the Huaxia CSI 500 Index Enhanced A (007994), which reduced its holdings by 237,900 shares in the second quarter, now holding 294,700 shares, representing 0.82% of circulating shares [2] - The estimated floating loss for Huaxia CSI 500 Index Enhanced A today is approximately 327,100 CNY [2] - The fund was established on March 25, 2020, with a latest scale of 3.135 billion CNY, achieving a year-to-date return of 19.55% and a one-year return of 47.38% [2]

Core Viewpoint - Southeast Electronics (301359) reported mixed financial results for the first half of 2025, with a slight increase in total revenue but a decline in net profit compared to the previous year [1] Financial Performance Summary - Total revenue for the first half of 2025 reached 155 million yuan, a year-on-year increase of 3.87% [1] - Net profit attributable to shareholders was 21.59 million yuan, down 3.6% year-on-year [1] - In Q2 2025, total revenue was 85.16 million yuan, a decrease of 4.3% year-on-year, while net profit was 10.51 million yuan, down 14.2% [1] - Gross margin improved to 30.7%, an increase of 9.11% year-on-year, while net margin decreased to 13.92%, down 7.19% [1] - Total operating expenses (selling, administrative, and financial expenses) amounted to 14.55 million yuan, representing 9.38% of revenue, a significant increase of 125.03% year-on-year [1] - Earnings per share decreased to 0.18 yuan, down 30.77% year-on-year, while operating cash flow per share increased to 0.15 yuan, up 21.92% [1] Balance Sheet and Cash Flow Summary - Accounts receivable increased to 108 million yuan, a rise of 5.1% year-on-year, with accounts receivable to net profit ratio reaching 235.84% [1][3] - Cash and cash equivalents decreased to 241 million yuan, down 12.34% year-on-year [1] - The company experienced a significant increase in financial expenses by 90.45%, attributed to reduced interest income [1] - Net cash flow from operating activities increased by 70.69% due to higher cash received from sales [2] - Net cash flow from investing activities rose by 85.33% due to the maturity of bank wealth management products [2] - The net increase in cash and cash equivalents was up 76.82%, also due to the maturity of bank wealth management products [2] Investment and Return Metrics - The company's return on invested capital (ROIC) was 4.31%, indicating weak capital returns, while the net profit margin was 14.43%, suggesting high value addition in products or services [2] - Historical data shows a median ROIC of 17.8% since the company went public, with the worst year being 2023 at 3.24% [2]