人民财讯8月6日电，德福科技（301511）在互动平台表示，公司自主研发生产的极薄高抗拉强度铜箔、 雾化铜箔等产品，可作为半/全固态电池和超级电容器应用的解决方案，终端可应用于对能量密度要求 高的无人机领域，目前公司无人机领域用铜箔已实现批量供应出货。 ...

证券代码：301511 证券简称：德福科技 公告编号：2025-059 九江德福科技股份有限公司 关于披露简式权益变动报告书的提示性公告 持股 5%以上股东甘肃拓阵股权投资基金合伙企业（有限合伙）及其一致 行动人苏州瑞潇芃泰投资管理合伙企业（有限合伙）保证信息披露内容的真 实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一 致。 特别提示： 1、本次权益变动属于持股 5%以上股东甘肃拓阵股权投资基金合伙企业（有 限合伙）（以下简称"拓阵基金"）及其一致行动人苏州瑞潇芃泰投资管理合伙 企业（有限合伙）（以下简称"瑞潇芃泰"）实施前期已披露的股份减持计划。 2、本次权益变动不涉及公司控股股东、实际控制人，不会导致公司控股股 东及实际控制人发生变化，不会对公司持续经营产生重大影响。 | | | 1 | | | 股数 | 占总股 | 股数 | 占总股 | | --- | --- | --- | --- | --- | --- | | | | | 本比例 | | 本比例 | | | | (万股) | (%) | (万股) | (%) | | 拓阵基金 | ...

九江德福科技股份有限公司 简式权益变动报告书 上市公司名称：九江德福科技股份有限公司 股票上市地点：深圳证券交易所 股票简称：德福科技 股票代码：301511 信息披露义务人 1：甘肃拓阵股权投资基金合伙企业（有限合伙） 注册/通讯地址：甘肃省兰州市城关区酒泉路 16 号 1006 室 信息披露义务人 2：苏州瑞潇芃泰投资管理合伙企业（有限合伙） 注册/通讯地址：张家港市杨舍镇暨阳湖金融街 5 幢 202-39 号 信息披露义务人 1 和信息披露义务人 2 为同一控制下主体，构成一致行动 人关系。 | | 信息披露义务人声明 | 2 | | --- | --- | --- | | 第一节 | 释义 | 4 | | 第二节 | 信息披露义务人介绍 | 5 | | 第三节 | 权益变动的目的及持股计划 | 7 | | 第四节 | 权益变动方式 | 8 | | 第五节 | 前六个月内买卖上市公司股票的情况 10 | | | 第六节 | 其他重大事项 11 | | | 第七节 | 信息披露义务人声明 12 | | | 第八节 | 备查文件 13 | | | | 附表：简式权益变动报告书 15 | | 股份变动性质：股 ...

2025 年第一次临时股东会决议公告 证券代码：301511 证券简称：德福科技 公告编号：2025-058 九江德福科技股份有限公司 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 特别提示： 1、本次股东会不存在否决议案的情形。 2、本次股东会不涉及变更以往股东会已通过的决议。 一、会议召开和出席情况 1、召开时间： 现场会议时间：2025 年 8 月 5 日（星期二）14:00 网络投票时间：2025 年 8 月 5 日（星期二） 其中，通过深圳证券交易所交易系统进行网络投票的时间为 2025 年 8 月 5 日上午 9:15-9:25，9:30-11:30，下午 13:00-15:00；通过深圳证券交易所互联网系 统投票的时间为 2025 年 8 月 5 日 9:15 至 15:00 期间的任意时间。 2、召开地点：九江德福科技股份有限公司三楼会议室 3、召开方式：本次股东会采用现场投票与网络投票表决相结合的方式召开 4、召集人：公司董事会 5、主持人：董事长马科先生 6、本次会议的召集、召开程序符合《中华人民共和国公司法》《上市公司 股东会规则》《深 ...

Group 1 - The overall market is showing a positive trend, leading to increased research efforts by major brokerages on listed companies [1] - From July 4 to August 4, 101 brokerages conducted research on 608 stocks, with a focus on industries such as industrial machinery and electronic components [1][2] Group 2 - The stock with the highest number of research visits is Shijia Photon, with 54 visits, followed by Haopeng Technology with 50 visits, and Defu Technology, Hongfa Technology, and Hikvision with 49, 47, and 46 visits respectively [2] - Brokerages showed strong interest in merger and acquisition opportunities during the research, with specific inquiries about Shijia Photon's acquisition of Fuke Qima and Defu Technology's acquisition of Luxembourg copper foil [2][3] Group 3 - Emerging business areas are also a key focus for brokerages, with Haopeng Technology being questioned about its technological reserves and customer expansion in the low-altitude economy sector, and Hikvision about the progress and revenue contribution of its scene digitalization business [3] - The industry distribution of the researched stocks shows that 56 belong to the industrial machinery sector, 39 to electronic components, 36 to automotive parts and equipment, 29 to electrical components and equipment, and 25 to electronic devices and instruments [3]

Group 1 - Recent data indicates a surge in international capital reallocating towards Chinese assets, with nearly 60% of sovereign wealth funds prioritizing China as an investment market [1][2] - Korean investors have shown increasing enthusiasm for Chinese stocks, with a cumulative trading volume of $5.764 billion in 2023, making China the second-largest overseas investment destination for Korean investors [2] - UBS's survey reveals that 19% of global family offices plan to increase their allocation to Chinese assets, marking a 3 percentage point increase from 2024 [2] Group 2 - In July, five major overseas Chinese stock ETFs attracted over $2 billion in investments, with significant growth in assets under management for several ETFs [3] - Sovereign wealth funds are driven to allocate to Chinese assets due to attractive local returns, diversification benefits, and expanded market access for foreign investors [3] Group 3 - The Chinese economy's recovery has exceeded market expectations, bolstered by rapid policy responses to stabilize expectations and stimulate growth, enhancing international investor confidence [4] - China has made significant advancements in technology and innovation, leading to a re-evaluation of asset valuations by international investors [4] Group 4 - As of August 1, four A-share stocks have over 24% foreign ownership, indicating strong foreign interest in companies with global competitiveness [5] - Foreign investors are selectively investing in growth stocks, focusing on companies with sustainable performance and expanding market shares [6] Group 5 - Foreign capital is favoring high-dividend stocks and growth stocks, reflecting a dual strategy of defense and offense in investment [7] - High-dividend stocks are recognized for their stable cash flows and strong governance, while growth stocks represent long-term bets on China's economic transformation [8]

Market Performance - On August 4, A-shares saw all three major indices rise, with the Shanghai Composite Index increasing by 0.66% to 3583.31 points, the Shenzhen Component Index rising by 0.46% to 11041.56 points, and the ChiNext Index up by 0.5% to 2334.32 points [1] Fund Manager Changes - In the past 30 days (July 5 to August 4), a total of 437 fund managers have left their positions, with 23 announcements made on August 4 alone. Among these, 7 managers left due to job changes and 2 due to product expiration [3] - Notable fund manager changes include Yang Huiliang from multiple Baoying funds due to job changes, and Wang Sha from the Shenwan Lingxin fund due to product expiration [4][5] Fund Manager Performance - Yang Huiliang currently manages assets totaling 709 million yuan, with the highest return product being Baoying Consumer Theme Mixed Fund, which achieved a return of 144.11% over 6 years and 285 days [4] - Li Shujian from E Fund manages assets totaling 4.963 billion yuan, with the highest return product being E Fund ChiNext Mid-Cap 200 ETF, which gained 77.58% over 1 year and 39 days [5] Fund Company Research Activity - In the past month, Huaxia Fund conducted the most company research, engaging with 48 listed companies, followed closely by E Fund and Bosera Fund with 48 and 47 companies respectively. The telecommunications equipment sector was the most researched, with 242 instances [6][7] - In the last week (July 28 to August 4), Defu Technology was the most researched company, receiving attention from 79 fund institutions, followed by Shijia Photon and Hikvision with 55 and 52 institutions respectively [8][9]

Group 1 - The core point of the news is that the company 德福科技 is acquiring 100% equity of Circuit Foil Luxembourg for a purchase price of €1.74 billion, which is part of its strategy to enhance its position in the high-end IT copper foil market [2][3][4] - The acquisition is expected to increase 德福科技's total electrolytic copper foil production capacity from 175,000 tons per year to 191,000 tons per year, making it the world's largest producer in this sector [8] - The target company, Circuit Foil Luxembourg, has a strong R&D capability and is the only non-Japanese leader in high-end IT copper foil technology, with a production capacity of 16,800 tons per year [4][5] Group 2 - Circuit Foil Luxembourg reported a revenue of €13.4 million in 2024, with a net profit of -€370,000, but turned profitable in Q1 2025 with a net profit of €1.67 million [7] - The acquisition will allow 德福科技 to leverage Circuit Foil's brand and product advantages to expand into emerging markets, particularly in the Asia-Pacific region [8] - 德福科技's R&D investment in 2024 was ¥183 million, a year-on-year increase of 30.45%, indicating a strong commitment to innovation in the high-frequency and ultra-thin copper foil technology [9][10]

Group 1 - In July, 657 private equity managers conducted intensive research on 358 A-share companies, with a total of 1,763 research instances, indicating a strong preference for technology growth sectors [1] - The technology sector emerged as the primary focus of research, with the computer industry leading with 260 research instances covering 36 companies [2] - Other notable sectors included power equipment (213 instances), pharmaceutical biology (206 instances), and electronics (205 instances), highlighting a significant interest in technology and healthcare [2] Group 2 - Among the 52 stocks with more than 10 research instances, technology growth stocks dominated, reflecting private equity's commitment to exploring innovation-driven opportunities [3] - Leading private equity firms maintain a positive outlook on market trends and structural opportunities, with a focus on sectors that align with China's economic transformation [4] - Investment opportunities are identified in innovative pharmaceuticals and consumer sectors, with a particular emphasis on structural opportunities in niche markets like sports apparel and toys [5]

Core Viewpoint - The acquisition of Luxembourg Copper Foil by Defu Technology for €174 million is a strategic move that significantly enhances China's position in the copper foil market, particularly against Japanese competitors like Mitsui, which has dominated the industry for 30 years [1]. Group 1: Key Opportunities - **Technological Barrier**: The acquisition grants Defu access to critical technologies, specifically HVLP copper foil and DTH carrier copper foil, essential for AI chips, previously monopolized by Japan's Mitsui [3]. - **Profit Potential**: The processing fee for Luxembourg Copper Foil is €120 per kilogram, while Defu's own products are only €60. By leveraging lower domestic electricity costs, Defu aims to reduce operational costs by 20%, significantly boosting profit margins [4]. - **Client Portfolio**: Luxembourg Copper Foil has a prestigious client list, including major players like Nvidia and Doosan, positioning Defu to integrate Chinese copper foil into Nvidia's supply chain [5]. Group 2: Financial Considerations - **Profitability Concerns**: Despite a profit of €167,000 in Q1, Luxembourg Copper Foil reported a loss of €370,000 the previous year, raising questions about the sustainability of its operations and potential price adjustments post-acquisition [6]. - **Regulatory Approval**: The acquisition requires approval from both Chinese and European regulators, which could delay the process significantly, as seen in previous cases [7]. - **Competitive Response**: Mitsui holds 60% of the global removable copper foil market share and is likely to respond aggressively to Defu's acquisition, potentially escalating the technological competition [7]. Group 3: Strategic Recommendations - **Short-term Signals**: Investors should monitor the approval of the EU antitrust clearance and any announcements from Nvidia regarding the CoWoP technology, as these could trigger stock price movements [8]. - **Mid-term Financial Projections**: By 2026, Defu aims to achieve a sales target of 45,000 tons of high-end copper foil, potentially generating an additional €1.35 billion in net profit, doubling the projected profits for 2025 [9]. - **Long-term Market Share**: If CoWoP packaging technology penetration reaches 30% by 2027, Defu could capture 40% of the market, significantly increasing its market valuation [10].