Core Viewpoint - The company has established partnerships in the quantum computing sector to advance technology exploration and application integration [1] Group 1: Company Developments - The company has confirmed that it is working on quantum computing PCB boards and has established collaborations with entities in the quantum computing field [1] - The company's business model focuses on "multiple varieties, small batches, high quality, and rapid delivery," which aligns with the current demands of the quantum computing market [1] - The company is committed to closely monitoring market trends and making proactive technological arrangements and reserves [1]

Core Viewpoint - The company has established partnerships with entities in the quantum computing field to advance technology exploration and application integration [1] Group 1 - The company's business characteristics of "multiple varieties, small batches, high quality, and rapid delivery" align with the current demands of quantum computing [1] - The company will closely monitor market trends to make proactive technological arrangements and reserves [1]

Core Insights - The company has established partnerships with several entities in the quantum computing field to advance technology exploration and application integration [2] - The company's business model characterized by "multiple varieties, small batches, high quality, and rapid delivery" aligns well with the current demands of the quantum computing market [2] - The company will closely monitor market trends to make proactive technological arrangements and reserves [2]

Core Insights - Strongda Circuit experienced a stock price increase of 1.42% on November 20, with a trading volume of 102 million yuan [1] - The company reported a financing buy-in amount of 12.76 million yuan and a financing repayment of 17.55 million yuan on the same day, resulting in a net financing outflow of 4.80 million yuan [1] - As of November 20, the total financing and securities lending balance for Strongda Circuit was 186 million yuan, representing 6.71% of its market capitalization [1] Financing Overview - On November 20, Strongda Circuit had a financing buy-in of 12.76 million yuan, with a current financing balance of 186 million yuan, which is above the 90th percentile of the past year [1] - The company had no securities lending activity on November 20, with a securities lending balance of 0.00 shares, also above the 90th percentile of the past year [1] Company Performance - As of September 30, the number of shareholders for Strongda Circuit was 13,000, a decrease of 14.74% from the previous period, while the average circulating shares per person increased by 17.29% to 1,446 shares [2] - For the period from January to September 2025, Strongda Circuit achieved a revenue of 706 million yuan, reflecting a year-on-year growth of 20.74%, and a net profit attributable to shareholders of 96.32 million yuan, with a growth of 20.91% [2] Dividend and Shareholding Structure - Since its A-share listing, Strongda Circuit has distributed a total of 30.15 million yuan in dividends [3] - As of September 30, 2025, the largest circulating shareholder was Hong Kong Central Clearing Limited, holding 136,000 shares as a new shareholder [3]

Group 1 - The core viewpoint of the article is that Qiangda Circuit (SZ 301628) has announced an investor research meeting scheduled for November 19, 2025, where key company representatives will address investor inquiries [1] - For the first half of 2025, Qiangda Circuit's revenue composition shows that printed circuit boards account for 95.76% of total revenue, while other businesses contribute 4.24% [1] - As of the report date, Qiangda Circuit has a market capitalization of 6.3 billion yuan [1]

Core Viewpoint - Strong Circuit is focusing on the production of high-end multilayer boards and HDI boards at its Nantong factory, with plans to achieve an annual output of 960,000 square meters by mid-2026 [1] Group 1: Nantong Factory - The Nantong factory is primarily positioned for high multilayer boards and HDI boards, targeting small batch production [1] - Construction work at the Nantong facility is progressing in an orderly manner, with production expected to gradually commence by mid-2026 [1] Group 2: Other Factories - The Shenzhen factory is set to cater to the demand for high multilayer sample boards with 12 layers or more [1] - The Jiangxi factory will focus on rapid delivery of small batch boards and will gradually take on some of the high-difficulty, special materials, and high-speed material PCB production capacity from the Shenzhen factory [1]

Company Overview - Strongda Circuit was established in 2004, focusing on the R&D, production, and sales of PCBs, particularly in mid-to-high-end prototypes and small batch boards [1] - The company serves various sectors including industrial control (60% revenue), communication equipment, automotive electronics, consumer electronics, healthcare, and semiconductor testing [2] Factory Positioning and Production Plans - Shenzhen factory focuses on high-end prototypes, handling demands for boards with 12 layers or more [2] - Jiangxi factory aims for rapid delivery of small batch boards, gradually taking on more complex PCB production from Shenzhen [2] - Nantong factory is set to produce 960,000 square meters of multilayer and HDI boards annually, with production expected to start mid-next year [2] Revenue Structure and Growth - Revenue from prototypes and small batch boards accounts for over 85%, with prototypes making up more than 50% and increasing annually [2] - The company has a diverse customer base with approximately 3,000 active clients, including over 100 listed companies [2] Competitive Landscape - The PCB industry in China is highly competitive, with over 2,000 manufacturers, primarily focused on low-end batch production [4] - Strongda's competitive advantages include quick response, flexible production, and high-quality service, with a trend of increasing average sales prices due to optimized product structure [4] Market Potential - The global market for rigid PCBs in the prototype and small batch segment is projected to exceed $11.8 billion in 2024, reaching $14.5 billion by 2028, with China accounting for approximately 45% of this market [5] - The company currently has sufficient orders and is operating smoothly to meet customer delivery needs [5] Acquisition and Expansion Plans - There are currently no acquisition plans; any future plans will be disclosed in accordance with decision-making procedures [7]

Market Overview - The component sector experienced a decline of 1.16% on November 19, with Qiangda Circuit leading the drop [1] - The Shanghai Composite Index closed at 3946.74, up 0.18%, while the Shenzhen Component Index closed at 13080.09, unchanged [1] Individual Stock Performance - Fangzheng Technology saw a significant increase of 6.15%, closing at 11.56, with a trading volume of 2.83 million shares and a turnover of 3.194 billion [1] - Qiangda Circuit reported the largest decline of 8.04%, closing at 83.96, with a trading volume of 26,900 shares and a turnover of 233 million [2] - Other notable declines included Gaohua Technology down 7.35% and Chaoying Electronics down 6.82% [2] Capital Flow Analysis - The component sector experienced a net outflow of 1.458 billion from institutional investors, while retail investors saw a net inflow of 1.336 billion [2][3] - Fangzheng Technology attracted a net inflow of 328 million from institutional investors, representing 10.26% of its trading volume [3] - Other stocks with notable net inflows from retail investors included Huadian Co. and Weier Gao, while several stocks experienced net outflows from both institutional and retail investors [3]

证券代码：301628 证券简称：强达电路 公告编号：2025-054 深圳市强达电路股份有限公司 关于使用部分闲置自有资金进行现金管理的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 为提高公司的资金使用效率，合理利用闲置自有资金，获取较好的投资回报， 深圳市强达电路股份有限公司（以下简称"公司"）已于 2025 年 4 月 17 日召开 第二届董事会第八次会议、第二届监事会第八次会议，审议通过了《关于使用部 分闲置自有资金进行现金管理的议案》，同意在不影响正常经营及确保资金安全 的情况下，使用不超过人民币 10,000 万元（含本数）的暂时闲置自有资金进行 现金管理，投资期限自董事会审议通过之日起 12 个月内有效，在前述额度和期 限范围内可循环滚动使用。具体内容详见公司 2025 年 4 月 18 日披露于巨潮资讯 网（www.cninfo.com.cn）的《关于使用部分闲置自有资金进行现金管理的公告》 （公告编号：2025-024）。 近日，公司自有资金购买的现金管理产品进行了到期赎回，相应本金及收益 均归还至公司账户。公司继续使用部分暂时闲 ...

Group 1 - The stock of Qiangda Circuit rose by 2.21% on November 4, closing at 92.81 yuan, with a total of 5 block trades amounting to 1,603.96 million yuan and a volume of 192,000 shares [1][2] - The first four block trades were executed at a price of 83.54 yuan per share, with a total of 3.60 million shares traded in the first two transactions and 4.00 million shares in the last two, all showing a discount of -9.99% [1][2] - The fifth block trade also occurred at 83.54 yuan for 4.00 million shares, maintaining the same discount rate of -9.99% [2] Group 2 - Over the past three months, Qiangda Circuit has recorded a total of 5 block trades with a cumulative transaction value of 1,603.96 million yuan [2] - In the last five trading days, the stock has increased by 1.43%, with a net inflow of 608.64 million yuan from major funds [2]