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% [2] - The net profit attributable to shareholders reached 81.72 million yuan, with a year-on-year increase of 55.19% [2] Group 2: Mergers and Acquisitions - The acquisitions of Deyou New Materials and Weishuang Lian have been consolidated into the company's financial statements, contributing to revenue and profit growth [2] - Both acquired companies belong to the same industry and are expected to create significant synergies, optimizing supply chain management and reducing production costs [3] - The acquired companies possess strong technical capabilities, enhancing the company's core competitiveness in self-research and development [3] Group 3: Dividend Policy - The company maintains a stable operation and considers future profitability and cash flow when determining profit distribution plans [3] - Since its listing in 2022, the company has consistently returned value to investors through cash dividends [3] Group 4: Product Development - The company is developing HVLP5 high-frequency and high-speed copper foil, which features low surface roughness and high peel strength, targeting applications in AI servers [3] - The first cell factory has been completed, with equipment installation underway [3]

Core Viewpoint - Longyang Electronics (301389) is currently advancing the verification of its HVLP5 product with downstream customers, indicating progress in its product development and customer engagement [1] Company Developments - The first HVLP5 copper foil cell factory of the company has been completed, with equipment installation underway [1]

Core Viewpoint - Longyang Electronics (301389) emphasizes the future application of its HVLP5 copper foil products in the high-frequency market with transmission rates reaching 1.6T, driven by increasing demands from AI products for enhanced signal transmission rates and reduced signal loss [1] Group 1 - The HVLP5 copper foil is positioned to meet the evolving requirements of CCL (Copper Clad Laminate) products as the demand for high-speed signal transmission increases [1] - The company acknowledges that the requirements for copper foil, a key material in CCL, will continue to upgrade in response to market needs [1]

证券代码：301389 证券简称：隆扬电子 公告编号：2025-083 隆扬电子（昆山）股份有限公司 关于回购股份集中竞价减持进展的公告 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8月7日召开第二 届董事会第十六次会议，审议通过了《关于回购股份集中竞价减持计划的议案》，根 据公司于2024年2月19日披露的《关于使用部分超募资金回购公司股份方案的公告》 （公告编号：2024-005）和2024年2月21日《回购报告书》（公告编号：2024-008）中 的回购股份用途约定，同意公司以集中竞价交易方式减持用途为用于维护公司价值及 股东权益并将按有关规定予以全部出售的部分已回购股份，拟减持数量不超过592,393 股，占总股本的0.21%，即不超过公司总股本1%，减持期间为自本公告发布之日起15个 交易日之后六个月内（即2025年8月29日至2026年2月28日，根据中国证监会及深圳证 券交易所相关规定禁止减持的期间除外，下同），减持价格根据减持时的二级市场价 格确定。具体内容详见公司于2025年8月7 ...

Core Viewpoint - Longyang Electronics is advancing the verification process of its HVLP5 products with downstream customers, indicating a focus on product development and customer collaboration [1] Company Developments - The first HVLP5 copper foil cell factory of the company has been completed, with equipment installation currently underway [1]

证券日报网讯隆扬电子（301389）11月3日在互动平台回答投资者提问时表示，公司送样的客户为CCL 厂，具体使用场景或终端产品由下游客户根据自身需求确定。 ...

Core Viewpoint - Longyang Electronics announced on November 3 that its R&D reserve product, the PTS-2 series high-frequency copper foil (HVLP6 grade), is expected to be applicable in scenarios above 50GHz. The product is still in the R&D phase and has not yet been sent for sampling [2] Group 1 - The PTS-2 series high-frequency copper foil is designed for applications exceeding 50GHz [2] - The product is currently a research and development reserve and has not been sampled yet [2]

Core Viewpoint - Longyang Electronics is advancing its technology in high-frequency copper foil, achieving a surface roughness (RZ value) of ≤0.2 micrometers, which positions the company for future applications in high-frequency scenarios above 50GHz [2] Group 1 - The company is focusing on unique advanced processes to develop high-frequency and high-speed copper foil technology [2] - The PTS-2 series high-frequency copper foil (HVLP6 grade) is currently in the research and development phase and has not yet been sampled [2]

Core Viewpoint - The company has successfully developed advanced technology for high-frequency low-loss copper foil, specifically the HVLP6 grade, which is expected to be applicable in scenarios above 50GHz [1] Group 1: Product Development - The company has achieved a surface roughness RZ value of ≤0.2 micrometers for its copper foil technology [1] - The PTS-2 series high-frequency copper foil (HVLP6 grade) is currently in the research and development phase and has not yet been sampled [1] Group 2: Future Applications - The HVLP6 grade copper foil is designed for future applications in high-frequency environments exceeding 50GHz [1]

Core Viewpoint - The company is in the process of engaging with customers and sending samples of its products, with a lengthy verification cycle required for testing [1] Group 1 - The company has started to engage with customers and send samples of its HVLP5 product, which began in late 2024 [1] - The verification process involves multiple downstream testing phases, indicating a longer testing cycle [1]