Group 1 - The core point of the article is that 麦捷科技 has disclosed its shareholder information, indicating a total of 48,188 shareholder accounts and 52,564 individual shareholders as of December 31, 2025 [2]

证券代码：300319 证券简称：麦捷科技 公告编号：2026-001 深圳市麦捷微电子科技股份有限公司 关于公司董事股份减持计划完成的公告 张美蓉女士减持股份来源为协议转让、股权激励授予的股份。 公司董事张美蓉女士保证向公司提供的信息内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 3、本次减持前后持股情况 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。 | 股东名称 | 股份性质 | | 本次减持前持有的股份 | | 本次减持后持有的股份 | | --- | --- | --- | --- | --- | --- | | | | 股数（股） | 占当时总股本 比例（%） | 股数（股） | 占现在总股本 比例（%） | | 张美蓉 | 合计持有股份 | 44,005,902 | 5.01% | 42,605,902 | 4.80% | | | 其中：无限售条件 股份 | 11,022,476 | 1.25% | 10,333,626 | 1.16% | | | 高管锁定股 | 32,983,426 | 3.75% | 32,272,276 | 3.64% | 深圳市麦捷微电子 ...

Group 1 - The core viewpoint of the article is that 麦捷科技 (MikroTech) has not yet applied its products in the brain-computer interface sector but is actively monitoring emerging industry trends to expand its business layout [1] Group 2 - The company is focusing on the development trends of new industries [1] - 麦捷科技 aims to broaden its business scope in response to market opportunities [1]

Core Viewpoint - The article discusses the recent developments regarding Ruishi Chuangxin's IPO and highlights the competitive landscape in the RF front-end module market, particularly focusing on the challenges posed by both domestic and international competitors in the SAW filter segment. Group 1: Company Overview - Ruishi Chuangxin, established in April 2017, focuses on RF front-end modules and RF discrete devices, recently included in the first batch of companies for IPO inspection by the China Securities Association [1]. - The company emphasizes its unique position as one of the few domestic manufacturers capable of producing RF filters, although it may overlook competition from third-party manufacturers [1][2]. Group 2: Market Competition - The RF front-end market is dominated by overseas giants like Qualcomm, Broadcom, and others, holding approximately 76% of the global market share [2]. - Domestic competitors such as Maijie Technology, Haoda Electronics, and Xinwei Communication are also entering the SAW filter market, potentially competing with Ruishi Chuangxin's planned production capacity [1][4]. Group 3: Financial Performance - Ruishi Chuangxin's gross profit margin has been significantly lower than its peers, with figures of 7.95%, 13.90%, 8.79%, and 9.79% from 2022 to the first half of 2025, compared to an average of 21.09% for comparable companies [6][7]. - The company reported a net loss of -16.80 billion yuan as of mid-2025, indicating ongoing financial challenges despite a revenue increase of 34.94% due to a pricing strategy aimed at gaining market share [10]. Group 4: Product Strategy - In 2024, Ruishi Chuangxin implemented a price reduction strategy for its core 5G RF front-end modules, resulting in an 11.90 percentage point drop in gross margin [1][9]. - The company aims to enhance its competitive edge by developing high-performance filter production lines, which is considered a core competency [2][5].

Core Viewpoint - 麦捷科技 has shown a positive stock performance with a 4.45% increase year-to-date and a recent net inflow of funds, indicating investor interest and potential growth in the electronic components sector [1][2]. Financial Performance - For the period from January to September 2025, 麦捷科技 reported a revenue of 2.903 billion yuan, representing a year-on-year growth of 21.71%. The net profit attributable to shareholders was 245 million yuan, reflecting a 1.53% increase compared to the previous year [2]. - Cumulative cash dividends since the A-share listing amount to 444 million yuan, with 292 million yuan distributed over the last three years [3]. Shareholder Information - As of December 19, 2025, 麦捷科技 had 48,500 shareholders, a decrease of 2.46% from the previous period. The average number of circulating shares per shareholder increased by 2.52% to 17,095 shares [2]. - The top ten circulating shareholders include significant institutional investors, with Hong Kong Central Clearing Limited holding 10.6698 million shares, an increase of 627,400 shares from the previous period [3].

Core Insights - The A-share market has seen a resurgence of "10-bagger" stocks, defined as those with over 10 times annual growth, with two such stocks emerging in 2025, namely Upstream New Materials and Tianpu Co., which achieved annual growth rates of 1820.29% and 1645.35% respectively [1][2] Group 1: Characteristics of 10-Bagger Stocks - 10-bagger stocks typically exhibit three main catalysts: new stock attributes, high-quality company fundamentals, and external market catalysts [3][4] - New stock attributes are a significant feature, as seen with stocks like Zhongwen Online and Wantai Biological Pharmacy, which had substantial price increases shortly after their IPOs [3] - High-quality fundamentals include strong performance metrics and technological advantages, which support stock price increases [3] Group 2: Characteristics of 5-Bagger Stocks - From 2015 to 2025, 56 stocks achieved over 5 times annual growth, primarily concentrated in the TMT sector, with notable performance in electronics and basic chemicals [6][8] - 5-bagger stocks generally have lower price points compared to the overall A-share market, with an average closing price of 15.12 yuan per share in 2025, compared to nearly 20 yuan for all A-shares [7] - These stocks also demonstrate strong profitability and growth metrics, with many achieving compound annual growth rates in net profit exceeding 10% over three years [7] Group 3: Potential Future Stocks - A selection of 15 potential "dark horse" stocks for 2026 has been identified, focusing on TMT and basic chemical sectors, with low closing prices and favorable market conditions [9] - Among these, several stocks, including Yungli Co. and Hailun Zhe, have closing prices below 10 yuan and are expected to maintain strong operational performance [10] - The stocks also show high trading activity, with some exceeding a daily turnover rate of 5%, indicating strong investor interest [10]

Group 1 - The company, 麦捷科技, held its 31st meeting of the 6th board of directors on December 31, 2025, via video and communication methods [1] - The meeting reviewed the proposal regarding the adjustment of the amount of funds to be invested in supporting fundraising projects [1]

深圳市麦捷微电子科技股份有限公司 募集资金置换专项鉴证报告 信会师报字[2025]第 ZL10366 号 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acc.mof.com/n 深圳市麦捷微电子科技股份有限公司 募集资金置换专项鉴证报告 一、 董事会的责任 贵公司董事会的责任是按照中国证券监督管理委员会《上市公司 募集资金监管规则》(证监会公告(2025)10 号)、《深圳证券交 易所上市公司自律监管指引第2号 -- 创业板上市公司规范运作》以 及《深圳证券交易所创业板上市公司自律监管指南第2 号 -- 公告格 式》的相关规定编制专项说明。这种责任包括设计、执行和维护与募 集资金专项报告编制相关的内部控制,确保募集资金专项报告真实、 准确、完整,不存在虚假记载、误导性陈述或重大遗漏。 二、 注册会计师的责任 | | 目 求 页 次 | | --- | --- | | | 专项鉴证报告 .. 1-2 | | 1 | 深圳市麦捷微电子科技股份有限公司使用募集资 1-3 | | | 金置换预先支付交易现金对价及已支付发行费用 | | | 的自筹资金的专项说明 | 立信会计师事务所(特殊普 ...

华安证券股份有限公司 关于深圳市麦捷微电子科技股份有限公司 调整部分募集资金投资项目、使用募集资金置换预先支付交 易现金对价及已支付发行费用的自筹资金的核查意见 深圳市麦捷微电子科技股份有限公司（以下简称"公司""上市公司"或"麦捷 科技"）通过发行股份及支付现金方式购买惠州市安可远磁性器件有限公司 100% 股权及成都金之川电子有限公司 20.00%少数股权并募集配套资金（以下简称"本 次交易"）。 华安证券股份有限公司（以下简称"独立财务顾问"或"华安证券"）作为 深圳市麦捷微电子科技股份有限公司本次交易的独立财务顾问，根据有关法律法 规、规章及规范性文件的规定，对麦捷科技调整募集资金投资项目投入金额、拟 使用募集资金置换预先支付交易现金对价及已支付发行费用的自筹资金事项进 行了审慎核查，核查情况及核查意见如下： 一、募集资金基本情况 根据中国证券监督管理委员会出具的《关于同意深圳市麦捷微电子科技股份 有限公司发行股份购买资产并募集配套资金注册的批复》（证监许可〔2024〕1871 号），并经深圳证券交易所同意，公司向特定对象发行股票 8,492,462 股，每股发 行价格为人民币 11.94 元，募集资 ...

证券代码：300319 证券简称：麦捷科技 公告编号：2025-073 深圳市麦捷微电子科技股份有限公司 关于公司调整配套募集资金投资项目拟投入募集资金金额的公告 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。 深圳市麦捷微电子科技股份有限公司（以下简称"公司"）于2025年12月31 日召开了第六届董事会第三十一次会议，审议通过了《关于公司调整配套募集资 金投资项目拟投入募集资金金额的议案》，现将具体情况公告如下： 1、第六届董事会第三十一次会议决议； 公司通过发行股份及支付现金方式购买张国庭、李君、王理平、刘国斌、李 庐易、谢国富和惠州市安可远投资管理合伙企业（有限合伙）持有的惠州市安可 远磁性器件有限公司（以下简称"安可远"）100%股权和王秋勇持有的成都金之 川电子有限公司 20%的少数股权，同时向不超过 35 名符合条件的特定对象发行 股票募集配套资金。 根据中国证券监督管理委员会出具的《关于同意深圳市麦捷微电子科技股份 有限公司发行股份购买资产并募集配套资金注册的批复》（证监许可〔2024〕1871 号），并经深圳证券交易所同意，公司向特定对象发行 ...