Core Insights - Longyang Electronics experienced a 3.72% decline in stock price on October 10, with a trading volume of 398 million yuan [1] - The company reported a financing buy-in of 28.23 million yuan and a financing repayment of 49.86 million yuan on the same day, resulting in a net financing outflow of 21.63 million yuan [1] - As of October 10, the total margin balance for Longyang Electronics was 506 million yuan, accounting for 10.88% of its market capitalization, indicating a high level of financing activity [1] Financing Overview - On October 10, Longyang Electronics had a financing buy-in of 28.23 million yuan, with a current financing balance of 506 million yuan, which is above the 90th percentile of the past year [1] - The company had no short selling activity on October 10, with a short selling balance of 0 yuan, also indicating a high level of inactivity in this area [1] Company Profile - Longyang Electronics (Kunshan) Co., Ltd. was established on March 13, 2000, and went public on October 31, 2022 [1] - The company's main business involves the research, production, and sales of electromagnetic shielding materials and some insulating materials, with revenue composition being 83.12% from electromagnetic shielding materials and 16.75% from insulating materials [1] Financial Performance - For the period from January to June 2025, Longyang Electronics achieved a revenue of 154 million yuan, representing a year-on-year growth of 18.98%, and a net profit attributable to shareholders of 54.56 million yuan, reflecting an 81.78% increase [2] - Since its A-share listing, the company has distributed a total of 396 million yuan in dividends [2] Shareholder Structure - As of September 19, the number of shareholders for Longyang Electronics increased to 33,700, a rise of 51.69%, while the average number of circulating shares per person decreased by 34.08% to 2,437 shares [2] - As of June 30, 2025, the top ten circulating shareholders included Huaxia Core Growth Mixed Fund, which became a new shareholder with 383,700 shares [2]

Group 1 - The core point of the news is that Longyang Electronics has experienced a decline in stock price, dropping 3.57% to 56.70 CNY per share, with a total market capitalization of 16.074 billion CNY and a cumulative drop of 8.71% over the last three days [1] - Longyang Electronics specializes in the research, production, and sales of electromagnetic shielding materials and some insulating materials, with 83.12% of its revenue coming from electromagnetic shielding materials and 16.75% from insulating materials [1] - The trading volume for Longyang Electronics reached 392 million CNY, with a turnover rate of 8.30% [1] Group 2 - Among the top shareholders, Huaxia Fund's Huaxia Core Growth Mixed A (012703) has entered the top ten shareholders, holding 383,700 shares, which is 0.47% of the circulating shares, resulting in a floating loss of approximately 805,800 CNY today and a total floating loss of 2.0758 million CNY over the past three days [2] - Huaxia Core Growth Mixed A (012703) was established on December 3, 2021, with a current scale of 287 million CNY and a year-to-date return of 24.9%, ranking 4271 out of 8166 in its category [2]

Group 1 - The core point of the article is that Longyang Electronics (301389.SZ) announced a share repurchase and reduction of shares through centralized bidding, totaling 477,393 shares, which represents 0.17% of the company's total share capital [1] - The total amount of funds raised from the share reduction is 37,121,462 [1]

Core Viewpoint - Longyang Electronics announced a share reduction plan, aiming to maintain company value and shareholder rights through the sale of shares [1] Group 1: Share Reduction Details - As of September 30, 2025, the company reduced its shareholding by 477,400 shares, accounting for 0.17% of the total share capital [1] - The highest transaction price was 81.5 CNY per share, the lowest was 74.7 CNY per share, and the average price was 77.82 CNY per share [1] - The total funds raised from this reduction amounted to 37.1215 million CNY [1] Group 2: Future Plans - The company has a remaining balance of 115,000 shares available for repurchase [1] - The total amount planned for reduction does not exceed 592,400 shares [1] - The reduction period is set from August 29, 2025, to February 28, 2026 [1]

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日在巨潮资讯网(http://www.cninfo.com.cn) 披露的《关于回购股份集中竞价减持计划的公告》（公告号：2025-053）。 证券代码：301389 证券简称：隆扬电子 公告编号：2025-076 隆扬电子（昆山）股 ...

Core Insights - The main products contributing to the company's revenue in the first half of 2025 will be electromagnetic shielding materials and insulation materials [2] Company Summary - Longyang Electronics responded to investor inquiries on October 9, indicating that its revenue in the first half of 2025 will primarily come from electromagnetic shielding materials and insulation materials [2]

Group 1 - The company Longyang Electronics (301389) stated on October 9 that there is currently no collaboration with Moore Threads [1]

Core Insights - The company has a product called HVLP6+ high-frequency copper foil listed on its subsidiary's website, indicating potential technological capabilities [2] - However, the company clarified that this product is still in the research and development phase and has not yet been sampled to customers or generated any revenue [2]

Core Viewpoint - Longyang Electronics (301389.SZ) has stated on its interactive platform that the company has not yet commenced mass production and supply of lithium battery composite copper foil [1] Company Summary - Longyang Electronics has indicated that there is currently no mass production supply of its lithium battery composite copper foil [1]

Core Viewpoint - Longyang Electronics announced the completion of changes to its business scope and the revision of its articles of association, following the approval of its board and shareholders [1] Group 1 - The company held its 17th meeting of the second board on August 27, 2025, and the second extraordinary general meeting of shareholders on September 15, 2025, to review and approve the proposals [1] - The company has completed the registration of the business changes and the filing of the revised articles of association [1] - Longyang Electronics has received a new business license issued by the Suzhou Market Supervision Administration [1]