证券日报网讯隆扬电子9月23日在互动平台回答投资者提问时表示，截至2025年8月8日，公司的股东户 数为22196户。 （文章来源：证券日报） ...

Core Viewpoint - Longyang Electronics stated on September 23 that it will disclose relevant announcements in accordance with laws and regulations if its stock price experiences abnormal fluctuations [2] Group 1 - The company is prepared to respond to stock price volatility by adhering to legal requirements [2]

Core Viewpoint - Longyang Electronics (301389.SZ) has stated that its products are currently not applied in the solid-state battery field [1] Group 1 - Longyang Electronics confirmed on its interactive platform that it does not have any products utilized in the solid-state battery sector [1]

Group 1 - The company, Longyang Electronics, confirmed that its lithium battery copper foil products are not currently applied in solid-state battery technology [1] - An investor inquired about the sales volume of the company's copper foil products [1] - The inquiry was made on an investor interaction platform, indicating investor interest in the company's product applications [1]

Group 1 - The core viewpoint of the news is that Longyang Electronics has seen a significant increase in stock price, with a rise of 5.35% to 76.75 CNY per share, and a trading volume of 1.05 billion CNY, indicating strong market interest [1] - Longyang Electronics, established on March 13, 2000, is located in Kunshan, Jiangsu Province, and specializes in the research, production, and sales of electromagnetic shielding materials and some insulating materials [1] - The company's main business revenue composition is as follows: electromagnetic shielding materials account for 83.12%, insulating materials 16.75%, and other supplementary materials 0.13% [1] Group 2 - Among the top circulating shareholders of Longyang Electronics, Huaxia Fund has a fund that entered the top ten shareholders, specifically Huaxia Core Growth Mixed A (012703), which holds 383,700 shares, representing 0.47% of circulating shares [2] - The Huaxia Core Growth Mixed A fund has achieved a year-to-date return of 24.31%, ranking 3,677 out of 8,172 in its category, and a one-year return of 60.36%, ranking 2,298 out of 7,980 [2] - The fund manager of Huaxia Core Growth Mixed A is Lv Jiawei, who has a tenure of 8 years and 42 days, with the fund's total asset size at 1.33 billion CNY [3]

Market Performance - The main board led the gains with notable stocks such as Fenghuo Communication (+10.02%), Kesen Technology (+10.01%), and Guanghe Technology (+10.01) [1] - The ChiNext board saw significant increases with Anlian Ruishi (+19.99%), Guangku Technology (+15.00%), and Longyang Electronics (+10.26%) [1] - The Sci-Tech Innovation board was led by Dekeli (+20.00%), Huicheng Co. (+14.16%), and Zhongwei Company (+11.43%) [1] - Active sub-industries included SW Communication Cables and Accessories (+5.44%) and SW Semiconductor Equipment (+5.28%) [1] Domestic News - Shangle Electronics announced plans to acquire an 88.79% stake in Ligong Technology through its wholly-owned subsidiary, aiming for a "1+1>2" synergy effect to enhance competitiveness [1] - Xingchen Technology revealed that it has chips suitable for AI glasses already shipped to end customers and is in discussions with various clients [1] - Jiangbolong reported over 80 million units of its main control chips deployed by the end of July, with continued rapid growth expected [1] - Huawei's rotating chairman announced the launch timeline for its Ascend chips, with the Ascend 950PR expected in Q1 2026 [1] Company Announcements - Zhejiang Shusu Culture announced a cash dividend of 0.08 yuan per share, totaling approximately 101.45 million yuan [3] - Focus Technology declared a cash dividend of 6 yuan for every 10 shares, based on a total share capital of approximately 317.24 million shares [3] - Yake Technology announced a cash dividend of 3.20 yuan for every 10 shares, totaling around 152.30 million yuan [3] - Yunzhu Technology reported receiving government subsidies amounting to 20.12 million yuan [3] Overseas News - According to DigiTimes, NAND and DRAM contract prices are expected to rise by 15-20% in Q4 2025, driven by AI infrastructure and supply constraints [4] - Reports indicate that Apple plans to launch the "iPhone Ultra" foldable phone in H2 2026, with initial shipment targets between 7 million and 10 million units [4] - Meta launched the new generation of smart glasses, Meta Ray-Ban Display, featuring high-resolution displays for various functionalities [4] - Schaeffler's inverter brick, equipped with Rohm's SiC MOSFET, has begun mass production, supporting higher battery voltages for electric vehicles [4]

Core Insights - The consumer electronics sector saw a 2.5% increase on September 18, with Longyang Electronics leading the gains [1] - The Shanghai Composite Index closed at 3831.66, down 1.15%, while the Shenzhen Component Index closed at 13075.66, down 1.06% [1] Consumer Electronics Sector Performance - Longyang Electronics (301389) closed at 72.85, up 10.26% with a trading volume of 281,000 shares and a transaction value of 266.61 million [1] - Feirongda (300602) closed at 35.69, up 10.19% with a trading volume of 952,700 shares and a transaction value of 3.337 billion [1] - Heertai (002402) closed at 43.95, up 10.01% with a trading volume of 1,343,000 shares and a transaction value of 581.9 million [1] - Kosen Technology (603626) closed at 17.70, up 10.01% with a trading volume of 1,372,700 shares and a transaction value of 2.409 billion [1] - Changying Precision (300115) closed at 34.50, up 9.04% with a trading volume of 3,139,100 shares and a transaction value of 10.414 billion [1] Capital Flow Analysis - The consumer electronics sector experienced a net outflow of 417 million from institutional investors and 1.663 billion from retail investors, while retail investors saw a net inflow of 2.08 billion [2][3] - Heertai (002402) had a net inflow of 978 million from institutional investors, while it faced a net outflow of 720 million from speculative funds [3] - Industrial Fulian (601138) had a net inflow of 812 million from institutional investors, with a net outflow of 623 million from speculative funds [3]

Group 1 - Jingchen Co., Ltd. plans to acquire 100% equity of Chipmy Microelectronics for a total consideration of 316 million RMB, which will make Chipmy a wholly-owned subsidiary [1] - Kingdee International announced the acquisition of approximately 63% equity of Yunzhijia Network for 68 million RMB, aiming to enhance AI capabilities in enterprise management [2] - Purun Co., Ltd. intends to acquire SHM Holdings through cash payments to various investment funds, details of the transaction are not disclosed [3] Group 2 - Jiayun Technology's wholly-owned subsidiary is acquiring the remaining 40% equity of Beijing Wanhe for 1.14 million RMB [4] - Galaxy Magnetics is planning to issue shares and pay cash to acquire 100% equity of Sichuan Kyoto Longtai Technology, while raising supporting funds [5] - Gansu Lanke High-tech Equipment Co., Ltd. intends to acquire 100% equity of Shanghai Lanya Petrochemical Equipment Testing and 51% equity of China Air Separation Engineering [6] Group 3 - Tianrun Industrial is acquiring 100% equity of Shandong Altai Automotive Parts for 135 million RMB, with the first delivery already completed [7] - ST Quan is in the preliminary planning stage to sell 100% equity of Anhui Quanwei, with a framework agreement signed [8] - Longyang Electronics completed the acquisition of 70% equity of Suzhou Deyou New Materials for cash, constituting a major asset restructuring [9] Group 4 - United Precision Manufacturing plans to acquire 51% equity of Chengdu Mite Aviation Manufacturing for cash, with an intention agreement signed [10] - Shanghai Haili Bio-Technology adjusted the acquisition price of 55% equity of Shaanxi Ruisheng Bio-Technology due to intensified industry competition and tightened tax incentives [11] - Nanjing Shangluo Electronics' wholly-owned subsidiary intends to acquire a total of 88.79% equity of Guangzhou Ligong Technology for 70 million RMB [12] Group 5 - Sanan Optoelectronics received a regulatory letter regarding the acquisition of equity in a globally renowned LED company, focusing on the company's situation and transaction pricing [13] - Longjian Co., Ltd. plans to acquire 100% equity of Guangdong Zhimiao Construction Engineering for 40,000 RMB to expand into new regional markets [14]

Group 1 - The core point of the article is the announcement by Longyang Electronics regarding the election of Mr. Chen Xianfeng as the employee representative director of the company's second board of directors [2] Group 2 - The election was conducted through a democratic process by the employee representative assembly [2] - This change in the board composition reflects the company's commitment to employee representation [2] - The announcement was made on the evening of September 15 [2]

法律意见书 二〇二五年九月 法律意见书 江苏益友天元律师事务所 江苏益友天元律师事务所 关于隆扬电子（昆山）股份有限公司 2025 年第二次临时股东大会 法律意见书 地址：苏州工业园区月亮湾路 15 号中新大厦 7 楼 邮编：215123 电话：0512-68240861 传真：0512-68253379 关于隆扬电子（昆山）股份有限公司 2025 年第二次临时股东大会 法律意见书 致：隆扬电子（昆山）股份有限公司 根据《中华人民共和国公司法》（下称"《公司法》"）、《中华人民共和 国证券法》（下称"《证券法》"）、《上市公司股东会规则》等法律、法规和 规范性文件及《隆扬电子（昆山）股份有限公司章程》（下称"《公司章程》"） 的有关规定，江苏益友天元律师事务所（下称"本所"）接受隆扬电子（昆山） 股份有限公司（下称"隆扬电子"或"公司"）的委托，指派庞磊、彭敏律师（下 称"本所律师"）出席了公司 2025 年第二次临时股东大会（下称"本次股东大 会"），对本次股东大会进行见证并发表法律意见。 为出具本法律意见书，本所律师审查了公司本次股东大会的有关文件和材料， 并得到公司如下保证：公司向本所提供的用于出具本法 ...