Group 1 - The company has completed the construction of its first HVLP5 copper foil cell factory, and equipment installation is currently underway [2] - An investor inquired about the planned production capacity of the first cell factory and the construction timeline for the second cell factory [2]

Core Viewpoint - Longyang Electronics is currently advancing the verification of its HVLP5 copper foil products with downstream customers, specifically targeting CCL manufacturers for application scenarios determined by customer needs [1] Company Summary - Longyang Electronics is in the process of validating its HVLP5 copper foil products with downstream clients [1] - The customers receiving samples are CCL manufacturers, indicating a focus on the specific requirements of these clients for end products [1]

Group 1 - The core viewpoint of the news is that Longyang Electronics (SZ 301389) is actively engaging with investors, indicating a focus on transparency and communication regarding its business operations [1] - Longyang Electronics will participate in an investor survey on November 12, 2025, with key representatives from the company present to address investor inquiries [1] - As of the latest report, Longyang Electronics has a market capitalization of 15.4 billion yuan [2] Group 2 - For the year 2024, Longyang Electronics' revenue composition is entirely from the manufacturing sector, with a 100.0% share [2]

Group 1: Financial Performance - The company achieved a revenue of 291.2 million yuan in Q3 2025, representing a year-on-year growth of 39.54% [3] - The net profit attributable to the parent company for Q3 2025 was 81.72 million yuan, reflecting a year-on-year increase of 55.19% [3] Group 2: Mergers and Acquisitions - The two acquired companies belong to the same industry and will create significant synergies, optimizing supply chain management and reducing production costs [3] - The acquisitions will enhance the company's core competitiveness in self-research capabilities due to the strong technical background and innovation capacity of the acquired firms [3] - The complementary client bases of the acquired companies will facilitate product integration and expand the existing customer pool [3] Group 3: Product Development - The company has developed HVLP5 high-frequency and high-speed copper foil with low surface roughness and high peel strength, suitable for applications in AI servers [3] - Samples of HVLP5 copper foil have been sent to several leading copper-clad laminate manufacturers in China and Japan for verification [3] - The first cell factory has been completed, with equipment installation currently underway [3] Group 4: Cash Flow and Investments - The decrease in cash funds is primarily due to cash payments for acquiring 51% of Changzhou Weisi Shuanglian and 70% of Suzhou Deyou New Materials [3]

Financial Performance - The company achieved a revenue of 291.2 million yuan in Q3 2025, representing a year-on-year growth of 39.54% [2] - The net profit attributable to the parent company was 81.72 million yuan, with a year-on-year increase of 55.19% [2] Growth Drivers - The main business products include electromagnetic shielding materials and insulating materials, with a strong focus on the consumer electronics industry [2] - The company completed the acquisition of two subsidiaries, which are expected to enhance future revenue and profit [3] Product Development - The company is developing HVLP5 high-frequency and high-speed copper foil, characterized by low surface roughness and high peel strength, aimed at applications in AI servers [3] - Samples of HVLP5 have been sent to several leading copper-clad laminate manufacturers in China and Japan, with ongoing validation with downstream customers [3] Competitive Advantage - The company emphasizes technology as its core competency, leveraging years of technical accumulation and innovative processes to develop new products [3] - It aims to establish long-term stable partnerships with customers and is actively expanding new products and global production capacity [3] Compliance and Disclosure - The company adheres to the regulations of the Information Disclosure Management System, ensuring that all disclosed information is true, accurate, complete, timely, and fair [3]

Core Viewpoint - Longyang Electronics (301389.SZ) announced its cash dividend distribution plan for the third quarter of 2025, indicating a commitment to returning value to shareholders through cash dividends rather than stock bonuses or capital increases [1] Summary by Sections Dividend Distribution - The company will distribute a cash dividend of RMB 0.12 per share (including tax) to all shareholders, based on a total share capital of 284 million shares, minus 975,600 shares already repurchased, resulting in a base of 283 million shares [1] - The total cash dividend payout amounts to RMB 33.90 million [1] Key Dates - The record date for the dividend distribution is set for November 11, 2025, while the ex-dividend date is November 12, 2025 [1]

Group 1 - The core point of the article is that Longyang Electronics (301389.SZ) announced its cash dividend distribution plan for the third quarter of 2025, which includes a cash dividend of RMB 0.12 per share for all shareholders [1] - The total cash dividend to be distributed amounts to RMB 33.90 million, based on a total share capital of 284 million shares, minus 975,600 shares held in the repurchase account [1] - The record date for the dividend distribution is set for November 11, 2025, with the ex-dividend date on November 12, 2025 [1]

Core Points - The company has approved a cash dividend distribution plan for Q3 2025, with a total of 28.35 billion shares, deducting 975,600 repurchased shares, resulting in a base of 2.83 billion shares for the distribution [1] - The cash dividend is set at 1.2 yuan (including tax) per 10 shares, totaling 33.90 million yuan to be distributed to all shareholders, with no bonus shares or capital increase [1] - The record date for the dividend is November 11, and the ex-dividend date is November 12 [1] - The minimum reduction price commitment for relevant shareholders has been adjusted to 20.98 yuan per share [1]

证券代码：301389 证券简称：隆扬电子 公告编号：2025-084 隆扬电子（昆山）股份有限公司 关于2025年三季度权益分派实施的公告 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。 特别提示： 1．根据《中华人民共和国公司法》《深圳证券交易所上市公司自律监管指引第9 号——回购股份》等规定，隆扬电子（昆山）股份有限公司（以下简称"公司"或 "本公司"）回购专用账户持有的本公司股份不享有参与本次利润分配的权利。公司 2025年三季度权益分派方案为：以公司现有总股本283,500,000股扣除回购专户上已回 购股份975,600股后的282,524,400股为基数，向全体股东每10股派发人民币现金红利 1.2元（含税），共计派发现金红利33,902,928.00元，不送红股，不以资本公积金转 增股本。 2．本次权益分派实施后，按股权登记日总股本（含回购股份）折算的每10股现金 红利（含税）=实际现金分红总额÷股权登记日的总股本×10股，即33,902,928.00元 ÷283,500,000股×10股=1.195870元（保留六位小数，最后一位直接截取，不四 ...

Group 1 - The core point of the article is that Longyang Electronics (SZ 301389) announced an investor research meeting scheduled for November 5, 2025, where the company's chairman, Fu Qingxuan, will participate and address investor inquiries [1] - For the year 2024, Longyang Electronics' revenue composition is entirely from the manufacturing sector, with a 100.0% share [1] - As of the report, Longyang Electronics has a market capitalization of 15.5 billion yuan [2]