RSM | 容 诚 苏州德佑新材料科技股份有限公司 容诚审字[2025]230Z2867 号 容诚会计师事务所(特殊普通合伙) 中国 · 北京 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acmof.gov.cn）"进行在线 。 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://ac_ 报告编码:京251045R2K | | | | 序号 | 容 | 页码 | | --- | --- | --- | | 1 | 审计报告 | 1-6 | | 2 | 合并资产负债表 | 1-2 | | 3 | 合并利润表 | 3 | | 4 | 合并现金流量表 | 4 | | 5 | 合并所有者权益变动表 | 5-7 | | 6 | 母公司资产负债表 | 8-9 | | 7 | 母公司利润表 | 10 | | 8 | 母公司现金流量表 | 11 | | 9 | 母公司所有者权益变动表 | 12-14 | | 10 | 财务报表附注 | 15- 157 | 审计报告 审计报告 容诚审字[2025]230Z2867 号 苏州德佑新材料科技股份有限公司全体股东: 一、审计意见 我们审 ...

本公司及董事会全体成员保证信息披露内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 隆扬电子（昆山）股份有限公司（以下简称"公司"或"上市公司"） 拟以支付 现金的方式收购苏州德佑新材料科技股份有限公司70%股权（以下简称"本次交易" 或"本次重大资产重组"）。本次交易完成后，公司将持有德佑新材70%的股权，德 佑新材将成为公司的控股子公司。 上市公司于2025年6月26日召开第二届董事会第十四次会议审议通过了《关于<隆 扬电子（昆山）股份有限公司重大资产购买报告书（草案）>及其摘要的议案》等与本 次交易相关的议案，具体内容详见公司同日于巨潮资讯网（www.cninfo.com.cn）及指 定信息披露媒体发布的相关公告。 公司基于本次交易相关工作的整体安排，决定暂不召开股东大会。公司董事会将 择期另行发布召开股东大会的通知，将与本次交易相关的议案提请公司股东大会审议。 证券代码：301389 证券简称：隆扬电子 公告编号：2025-045 隆扬电子（昆山）股份有限公司 关于暂不召开股东大会审议本次交易相关事项的公告 特此公告。 隆扬电子（昆山）股份有限公司 董事会 2025年6月26日 ...

隆扬电子（昆山）股份有限公司董事会 关于拟购买资产是否存在资金占用情况的说明 隆扬电子（昆山）股份有限公司（以下简称"上市公司"或"公司"）拟通 过支付现金方式向杨慧达、温州慧德创业投资合伙企业（有限合伙）、荣婕、杨 慧明、上海茂之百企业管理合伙企业（有限合伙）、崔玉麟、管丹、张骏锦、胡 鹤一、陈余谦购买其所持有的苏州德佑新材料科技股份有限公司（以下简称"德 佑新材"或"标的公司"）70%股权（以下简称"本次交易"）。根据《上市公司 重大资产重组管理办法》规定，本次交易将构成重大资产重组。 2025 年 6 月 26 日 报告期内，杨慧达及温州慧德创业投资合伙企业（有限合伙）对标的公司存 在资金占用。截至本说明出具之日，杨慧达及温州慧德创业投资合伙企业（有限 合伙）的资金占用已全额归还，标的公司不存在非经营性资金占用的情形。 特此说明。 （以下无正文） （本页无正文，为《隆扬电子（昆山）股份有限公司董事会关于拟购买资产是否 存在资金占用情况的说明》之盖章页） 隆扬电子（昆山）股份有限公司董事会 公司董事会关于标的公司是否存在资金占用情况说明如下： ...

上述资金到位情况业经容诚会计师事务所（特殊普通合伙）容诚验字 [2022]230Z0287 号《验资报告》验证。本公司对募集资金采取了专户存储制度。 二、募集资金投资项目情况 根据《隆扬电子（昆山）股份有限公司首次公开发行股票并在创业板上市招 股说明书》，公司首次公开发行的募集资金扣除发行费用后将投资于以下项目： 单位：万元 证券代码：301389 证券简称：隆扬电子 公告编号：2025-042 隆扬电子（昆山）股份有限公司 关于使用部分募集资金支付部分股权收购款的公告 本公司及董事会全体成员保证信息披露内容真实、准确和完整，没有虚假记载、误 导性陈述或重大遗漏。 隆扬电子（昆山）股份有限公司（以下简称"公司"）于 2025 年 6 月 26 日召开的第二届董事会第十四次会议和第二届监事会第十五次会议，会议审议通 过了《关于使用部分募集资金支付部分股权收购款的议案》，同意使用部分募集 资金 48,803.68 万元（含截至 2025 年 5 月 31 日实际孳息和银行手续费净额，以 支付当日银行结息为准）用于支付部分股权收购款，根据《深圳证券交易所创业 板股票上市规则》《公司章程》等相关规定，本次使用部分募集 ...

证券代码：301389 证券简称：隆扬电子 公告编号：2025-039 隆扬电子（昆山）股份有限公司 关于筹划重大资产重组的进展公告 本公司及董事会全体成员保证信息披露内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 特别提示： 隆扬电子（昆山）股份有限公司（以下简称"公司"或"上市公司"）拟以支付 现金方式购买苏州德佑新材料科技股份有限公司（以下简称"德佑新材"或"标的公 司"）100%的股权（以下简称"本次交易"）。本次交易如能顺利实施，德佑新材将 成为公司的全资子公司。 2025年2月21日，公司与杨慧达、苏州慧德企业管理合伙企业（有限合伙）、荣婕、 杨慧明、苏州茂百企业管理合伙企业（有限合伙）、崔玉麟、管丹、张骏锦、胡鹤一、 陈余谦签订了《股份收购意向协议》，最终收购股权比例、交易对方及交易价格尚需 交易各方进一步协商后确定。本次签署的《股份收购意向协议》仅为意向性协议，具 体的交易方式及交易条款以各方签署的正式收购协议为准。 根据初步研究和测算，本次交易预计构成《上市公司重大资产重组管理办法》规 定的重大资产重组。本次交易不涉及上市公司发行股份，不构成关联交易，也不会导 致上市公司控股股 ...

Group 1: Ctrip's Global Expansion - Ctrip is accelerating its global expansion by opening over 1,100 overseas positions across 75 cities in 23 countries, including London and Tokyo, to enhance its hotel and vacation services [1] - The company has established a tourism innovation fund of 1 billion yuan and formed strategic partnerships with hotel groups in Thailand and Malaysia [1] - Ctrip's international platform, Trip.com, is expected to see a year-on-year booking increase of over 60% by Q1 2025, with a goal to double the overseas revenue share in the next 3-5 years [1] Group 2: Tencent's Patent Achievement - Tencent's cloud database TDSQL has won the China Patent Gold Award for its core patent related to database transaction processing methods and devices [2] - As of March 2025, Tencent has invested over 340 billion yuan in R&D and has applied for over 86,000 patents globally, with more than 46,000 patents granted [2] Group 3: Baidu's B2B AI Solutions - Baidu launched its first B2B industry intelligent solution capable of generating over 100 high-quality videos in just 10 seconds, enhancing productivity for merchants [3] - The solution supports video production in over 20 languages, facilitating global market access for Chinese manufacturers [3] Group 4: WeChat's AI Upgrade - WeChat's contact "Yuanbao AI" has been upgraded to understand video content and provide detailed summaries, enhancing user interaction [4] - This capability is based on Tencent's multi-modal understanding technology and aims to connect more Tencent products for improved user experience [4] Group 5: New AI Company Formation - Shanghai Meinian New Intelligence Technology Co., Ltd. has been established with a registered capital of 10 million yuan, focusing on AI application software development and related services [5] - The company is jointly owned by several partners, including Meinian Health Industry Holdings [5] Group 6: Toyota and Daimler Truck Merger - Toyota and Daimler Truck have reached a final agreement to merge Toyota's Hino Motors with Daimler Truck's Mitsubishi Fuso, focusing on commercial vehicle development and production [6] - The new holding company is expected to begin operations in April 2026 [6] Group 7: Marelli's Bankruptcy Protection - Marelli Corp has filed for Chapter 11 bankruptcy protection in the U.S. and secured $1.1 billion in new financing commitments from lenders [8] - Approximately 80% of its creditors have signed agreements to support the company's restructuring efforts [8] Group 8: DHL's Investment in the Middle East - DHL plans to invest over 500 million euros (approximately 571.3 million USD) in the Middle East by 2030, focusing on rapidly expanding markets in Saudi Arabia and the UAE [8] - This investment aims to significantly enhance the logistics infrastructure in the region [8] Group 9: Lenovo's AI Strategy - Lenovo's executive Liu Jun emphasized the importance of AI as an innovative productivity tool while ensuring data security and privacy protection [8] - The company has developed a trusted hybrid computing solution that extends security capabilities from endpoints to the cloud [8] Group 10: Guangdong's Waste Management Initiative - Guangdong province aims to establish a "waste-free city" by 2035, with specific targets for solid waste reduction and resource utilization [10] - The plan includes a phased approach, with full implementation expected by 2025 and significant improvements by 2027 [10] Group 11: US-China Trade Agreement Framework - The Chinese Ministry of Commerce announced that a framework for a trade agreement between the US and China has been reached during recent negotiations [11] - The discussions were characterized by professional and in-depth communication between both parties [11]

Core Viewpoint - The article highlights the rampant insider trading in the A-share market, indicating that the frequency and audacity of such activities have reached unprecedented levels, overshadowing previous regulatory efforts [3][22]. Group 1: Instances of Pre-announcement Price Surge - Guokewi announced on June 6 its intention to acquire 94.366% of Zhongxin Ningbo's equity, leading to a 20% price surge on May 20, just before the announcement [5]. - Shangluo Electronics saw a 22.82% increase over four trading days prior to its announcement on June 4 regarding the acquisition of Guangzhou Ligong Technology [6]. - Bangji Technology's stock price surged on June 4 before announcing its acquisition plans [7]. - ST Jinbi experienced a 7.13% increase in the two trading days leading up to its announcement on June 4 regarding a share transfer [8]. - Huamao Technology's stock rose by 11.16% in the three trading days before its June 4 announcement of acquiring Shenzhen Fuchuang Youyue Technology [9]. Group 2: Long-term Price Increases Before Major Announcements - Honghui Fruits and Vegetables saw a 38.14% increase from April 1 to June 6, despite only a 2.97% rise on the announcement day [23]. - Maipu Medical's stock surged over 69.61% from April 7 to May 21, with significant increases noted before its announcement [23]. - Haitai Development's stock rose by 73.84% from April 7 to June 5, despite only a 1.73% increase on the announcement day [23]. - Feiyada's stock increased by 50.76% in May, with multiple days of over 9% gains leading up to its announcement on June 4 [23]. Group 3: Techniques of Insider Trading - The article discusses the strategy of creating false market signals to mislead investors, as seen in the case of Qunxing Toys, which experienced a sudden surge in trading volume before announcing a major asset restructuring [29]. - The practice of buying shares before creating favorable news is highlighted, with examples such as Diou Home, where the actual controller's shareholding was transferred to a related party [31]. - The article notes that insider trading is often concealed effectively, making it difficult for regulatory bodies to detect [34]. Group 4: Regulatory Challenges - The article emphasizes that even significant price increases do not necessarily trigger regulatory scrutiny, as companies can claim no insider information was leaked [36][38]. - Instances of companies reporting substantial price increases before announcements without facing consequences illustrate the challenges in enforcing regulations [40][41].

Group 1: Company Overview and Business Model - The company primarily exports products through domestic bonded zones, with bonded zone business accounting for 26.04% in 2024 [2] - Direct overseas exports represent 6.39% in 2024, mainly targeting Southeast Asia [2] - The impact of tariff changes on the company's operations is minimal due to its current business model [2] Group 2: Strategic Acquisitions - The acquisition of Weisi Shuanglian is aimed at optimizing supply chain management and reducing production costs [3] - Weisi Shuanglian has strong capabilities in polymer materials and absorbing materials, enhancing the company's R&D competitiveness [3] - The acquisition will allow for resource synergy while maintaining independent operational systems for both companies [3] Group 3: Project Developments - The DeYou project aims to enhance the company's self-developed material system in shock absorption and protection, broadening the product structure [3] - The company is actively advancing the restructuring work related to the DeYou project, with transaction plans under careful consideration [3] Group 4: Customer Engagement - The company is currently testing HVLP5 copper foil products with direct downstream customers, but cannot disclose specific client names due to commercial policies [3]

Core Viewpoint - Longyang Electronics has signed an equity acquisition agreement to acquire 51% of the shares of Weisi Shuanglian Technology Co., Ltd. for a cash consideration of RMB 119.95 million, which will make Weisi Shuanglian a subsidiary and included in the consolidated financial statements of Longyang Electronics [1] Group 1: Acquisition Details - The acquisition will optimize supply chain management and effectively reduce production costs for Longyang Electronics [1] - Weisi Shuanglian has strong technical capabilities in polymer materials and wave-absorbing materials, which will enhance Longyang Electronics' core competitiveness in self-research systems [1][2] - The acquisition aims to achieve complementary advantages and resource synergy while maintaining an independent operational system for Weisi Shuanglian [1] Group 2: Strategic Importance - Weisi Shuanglian specializes in ultra-thin wave-absorbing materials and has advanced technology in glue synthesis, modification, and precision coating, which will benefit Longyang Electronics in the EMI materials sector [2] - The acquisition will deepen the integration of technology research and development, product development, and customer resources between the two companies [2][3] - Longyang Electronics aims to enhance its core competitiveness in the EMI materials field and expand its product categories through this acquisition [3]

金十数据5月29日讯，隆扬电子公告称，公司拟以1.2亿元收购常州威斯双联科技有限公司51%的股权， 交易完成后，威斯双联将成为公司的控股子公司。威斯双联与隆扬电子同属同一行业，具有显著的协同 效应，其在高分子材料及吸波材料研发领域具备深厚的技术积累和创新能力。本次交易无需提交股东大 会审议，不构成关联交易和重大资产重组。 隆扬电子：拟1.2亿元收购威斯双联51%股权 ...