沪电股份，筹划H股上市

Core Viewpoint - The company plans to issue H shares and list on the Hong Kong Stock Exchange to optimize its overseas business layout and diversify financing channels [1][4]. Group 1: H Share Issuance - The company is in discussions with relevant intermediaries regarding the H share issuance and listing, with details yet to be finalized [4]. - The H share issuance requires approval from the company's board and shareholders, as well as regulatory approvals from the China Securities Regulatory Commission and other relevant authorities, indicating significant uncertainty in the process [4]. Group 2: Financial Performance - For the first half of 2025, the company reported a revenue of 8.494 billion yuan, a year-on-year increase of 56.59%, and a net profit attributable to shareholders of 1.683 billion yuan, up 47.50% [4]. - The PCB business generated a revenue of 8.152 billion yuan, reflecting a year-on-year growth of 57.20%, although the gross margin decreased by 1.49 percentage points due to increased stock incentive costs and losses from the Thailand factory [4]. Group 3: Stock Performance - As of September 19, the company's stock closed at 75.9 yuan per share, with a cumulative increase of over 90% year-to-date [5].