关于向参股公司增资暨关联交易的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 投资标的名称：光弘科技（投资）有限公司（以下简称"光弘投资"或"标 的公司"）。 华勤技术股份有限公司 投资金额：华勤技术股份有限公司（以下简称"华勤技术"或"公司"）全 资子公司拓印科技香港有限公司（以下简称"拓印科技"）拟与广东领益智造股份 有限公司（以下简称"领益智造"）、惠州光弘科技股份有限公司（以下简称"光弘 科技"）签署《投资合作协议之补充协议二》，约定向参股公司光弘投资同比例追 加投资，并由光弘投资以增资方式将本次追加的投资额投向其全资子公司光弘 （越南）科技有限公司（DBG Technology (Vietnam) Co., Ltd.，以下简称"越南光 弘"）（以下简称"本次交易"或"本次增资"）。本次增资总金额为 4,500 万美元，拓 印科技按持股比例拟出资金额为 1,102.5 万美元，本次增资完成后拓印科技持股 比例仍保持 24.50%。光弘投资仍为公司参股公司，本次交易不会导致公司合并 报表范围变更。 ...

（一）审议通过《关于公司2025年第三季度报告的议案》 本议案已经公司董事会审计与风险管理委员会审议通过，同意提交董事会审 议。 表决结果：同意9票，反对0票，弃权0票。 详见公司于同日在上海证券交易所网站（http://www.sse.com.cn）披露的《华 勤技术2025年第三季度报告》全文。 华勤技术股份有限公司 第二届董事会第二十次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、董事会会议召开情况 华勤技术股份有限公司（以下简称"华勤技术"或"公司"）于2025年10 月27日以现场和视频通讯相结合的方式召开第二届董事会第二十次会议，本次会 议的通知于2025年10月21日以电子邮件方式发出。会议应出席董事9人，实际出 席会议董事9人，本次会议由董事长邱文生先生主持。本次会议的召集、召开及 表决程序符合有关法律、行政法规、部门规章、规范性文件及《华勤技术股份有 限公司章程》的规定，表决形成的决议合法、有效。 二、董事会会议审议情况 证券代码：603296 证券简称：华勤技术 公告编号：2025-09 ...

华勤技术10月27日公告，公司发布2025年第三季度报告，第三季度营收为449.43亿元，同比增长 22.75%；净利润为12.10亿元，同比增长59.46%。前三季度营收为1288.82亿元，同比增长69.56%；净利 润为30.99亿元，同比增长51.17%。业绩增长主要系本期业务规模扩大，带动营业收入及利润上升所 致。 ...

Core Insights - The company reported Q3 2025 revenue of 44.943 billion yuan, representing a year-on-year growth of 22.75% [1] - The net profit for Q3 2025 was 1.210 billion yuan, showing a significant increase of 59.46% year-on-year [1] - For the first three quarters of 2025, the total revenue reached 128.882 billion yuan, marking a substantial year-on-year growth of 69.56% [1] - The net profit for the first three quarters was 3.099 billion yuan, which is a year-on-year increase of 51.17% [1]

中国国际金融股份有限公司 关于华勤技术股份有限公司 向参股公司增资暨关联交易的核查意见 中国国际金融股份有限公司（以下简称"保荐机构"）作为华勤技术股份有 限公司（以下简称"华勤技术""公司"）首次公开发行股票并在主板上市及持 续督导的保荐机构，根据《证券发行上市保荐业务管理办法》《上海证券交易所 股票上市规则》《上海证券交易所上市公司自律监管指引第11号——持续督导》 等有关法律法规和规范性文件的要求，对华勤技术向参股公司增资暨关联交易的 事项进行了核查，并出具核查意见如下： 一、本次增资暨关联交易情况概述 （一）本次增资暨关联交易的基本概况 1、本次交易概况 为满足公司间接参股公司光弘（越南）科技有限公司（DBG Technology (Vietnam) Co., Ltd.，以下简称"越南光弘"）AI终端硬件相关业务的发展需要， 公司全资子公司拓印科技香港有限公司（以下简称"拓印科技"）拟与广东领益 智造股份有限公司（以下简称"领益智造"）及惠州光弘科技股份有限公司（以 下简称"光弘科技"）签署《投资合作协议之补充协议二》，约定向参股公司光 弘科技（投资）有限公司（以下简称"光弘投资"或"标的公司"）同比 ...

Financial Performance - The company's operating revenue for Q3 2025 reached ¥44,942,628,952.98, representing a year-on-year increase of 22.75%[5] - Total profit for the quarter was ¥1,307,495,672.07, reflecting a significant increase of 75.94% compared to the same period last year[5] - Net profit attributable to shareholders was ¥1,209,593,204.97, up 59.46% year-on-year[5] - The basic earnings per share for the quarter was ¥1.20, an increase of 60.00% compared to the same period last year[6] - Total operating revenue for the first three quarters of 2025 reached ¥128.88 billion, a significant increase of 69.5% compared to ¥76.01 billion in the same period of 2024[21] - Net profit for the first three quarters of 2025 was ¥3.12 billion, representing a 53.3% increase from ¥2.03 billion in 2024[22] - Basic and diluted earnings per share for the first three quarters of 2025 were both ¥3.07, compared to ¥2.02 in the previous year, reflecting a 52.0% increase[23] Assets and Liabilities - The total assets of the company at the end of the quarter amounted to ¥102,758,614,697.67, marking a 34.68% increase from the end of the previous year[6] - As of September 30, 2025, the total current assets amounted to RMB 78.64 billion, an increase from RMB 56.22 billion as of December 31, 2024, representing a growth of approximately 39.8%[16] - The total non-current assets were RMB 30.67 billion, compared to RMB 22.29 billion at the end of 2024, marking an increase of around 37.8%[17] - Total liabilities increased to ¥77.37 billion, up 44.9% from ¥53.37 billion year-over-year[19] - The company reported a significant increase in accounts payable, which rose to ¥39.38 billion, compared to ¥29.23 billion in the previous year, reflecting a 35.0% increase[19] Cash Flow - The net cash flow from operating activities for the year-to-date was negative at -¥826,826,265.60, a decline of 172.57%[6] - Operating cash inflow for the first three quarters of 2025 reached ¥132.15 billion, a significant increase of 68.9% compared to ¥78.22 billion in the same period of 2024[25] - Net cash flow from operating activities was negative at -¥826.83 million, contrasting with a positive cash flow of ¥1.14 billion in the first three quarters of 2024[25] - Total cash outflow from investing activities was ¥12.15 billion, up from ¥9.52 billion in the previous year, resulting in a net cash flow from investing activities of -¥5.25 billion, compared to -¥1.22 billion in 2024[25] - Cash received from sales of goods and services was ¥126.41 billion, compared to ¥73.63 billion in the same period last year, indicating a growth of 71.7%[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 46,681[11] - The largest shareholder, Shanghai Aoqin Information Technology Co., Ltd., holds 321,300,000 shares, accounting for 31.63% of the total shares[12] - Shareholders' equity reached ¥25.38 billion, a 10.1% increase from ¥22.92 billion in the previous year[19] Research and Development - Research and development expenses increased to ¥4.62 billion, up 23.6% from ¥3.74 billion in the same period last year[22] Strategic Initiatives - The company has not reported any significant changes in the shareholder structure or any new strategic initiatives during the reporting period[14] - There were no updates on new product developments or technological advancements mentioned in the conference call[15] - The company did not provide specific guidance for future performance or market expansion strategies during the call[15] Accounting Standards - The company did not apply new accounting standards for the first time in 2025[27]

Core Insights - The company reported a revenue of 44.943 billion yuan for Q3 2025, representing a year-on-year increase of 22.75% [1] - The net profit for Q3 2025 was 1.210 billion yuan, showing a year-on-year growth of 59.46% [1] - For the first three quarters of 2025, the total revenue reached 128.882 billion yuan, with a year-on-year increase of 69.56% [1] - The net profit for the first three quarters was 3.099 billion yuan, reflecting a year-on-year growth of 51.17% [1] - The growth in performance is primarily attributed to the expansion of business scale, which has driven an increase in both revenue and profit [1]

Core Insights - Global smartphone shipments are projected to grow by 2% year-on-year in the first half of 2025, while outsourced design orders are expected to increase by 7% [1] - ODM-designed smartphones accounted for 43% of total global shipments, marking the highest level since 2019 [1] Industry Dynamics - ODM companies play a crucial role in the smartphone supply chain, taking on product design and manufacturing responsibilities [2] - Major ODM players like Longqi Technology, Huaqin Technology, Luxshare Precision, and Wistron have engaged in frequent mergers and acquisitions to enhance their market positions [2] - Luxshare Precision has acquired assets from Wistron, with the transaction completed by September 16, 2025, integrating Wistron's subsidiaries into its financial statements [2] Market Restructuring - The global smartphone ODM industry is undergoing a restructuring phase, with Huaqin Technology and Longqi Technology maintaining strong positions [3] - Luxshare Precision has absorbed a significant portion of Wistron's ODM client resources, while other manufacturers have taken on some transferred orders [3] - The trend of mergers and acquisitions is expected to continue, introducing more uncertainty into the industry landscape [3] Business Diversification - ODM manufacturers are accelerating diversification in response to competitive pressures, exploring new sectors such as custom products, LED, and AIoT [4] - The rise of 5G technology and innovations in foldable screens demand higher technical integration and design capabilities from ODMs [4] - ODMs are investing in R&D and upgrading manufacturing facilities to keep pace with ongoing hardware upgrades in smartphones [4] Strategic Shifts - ODM companies are shifting their core strategies to transition electronic manufacturing capabilities to higher growth sectors [5] - While smartphone ODM business remains a stable cash flow source, new ventures require long-term investment and have longer return cycles [5] - The next three years are seen as a critical window for the transformation and upgrading of the ODM industry, with the ability to establish growth in automotive electronics and AIoT being pivotal for competitive positioning [5]

Core Insights - Global smartphone shipments are expected to grow by 2% year-on-year in the first half of 2025, with outsourced design orders increasing by 7% [1] - ODM-designed smartphones accounted for 43% of total global shipments, marking the highest level since 2019 [1] Group 1: Industry Trends - The ODM sector is undergoing a restructuring phase, with major players like Huaqin Technology and Longcheer Technology maintaining strong positions [3] - Lixun Precision has acquired assets from Wistron Technology, indicating a trend of mergers and acquisitions within the industry [2][3] - ODM firms are shifting from "scale manufacturing" to "value creation," reflecting a broader industry transformation [3] Group 2: Business Diversification - ODM companies are actively expanding into new business areas such as customized products, LED, and AIoT to mitigate competitive pressures [4] - The rise of 5G and innovations in foldable screens are increasing the demand for advanced technical and design capabilities among ODMs [4] - Companies like Lixun Precision and Longcheer Technology are also venturing into smart automotive, wearables, and robotics, showcasing a strategic shift towards higher growth sectors [5] Group 3: Future Outlook - Analysts predict that smartphone manufacturers will continue to increase outsourcing, providing growth opportunities for ODMs in the coming years [6] - The next three years are seen as a critical period for the transformation and upgrading of the ODM industry [6] - The ability of leading firms to establish a second growth curve in automotive electronics, AIoT, and robotics will shape the competitive landscape [6]

文：韦亚军 摄影：Bob君 VC/PE一扫"退出焦虑"。 "我们内部把2025年定义为'港股退出元年'。"深圳一家头部人民币基金合伙人透露。 在近日的一场公开活动上，港交所CEO陈翊庭也开心的表示，香港基本面仍佳，亦向外界展示了其韧 性，如今逾300家公司排队上市，反映了中国经济强劲，让香港接连迎来一家又一家叫人兴奋的公司。 细看行业分布，电子、计算机、通信、电力设备四大硬科技赛道合计44家，占比接近六成；紧随其后的 新能源、医药生物、可选消费各占8%-10%。 更令人侧目的是市值维度。最新数据显示，仅千亿人民币市值的"巨无霸"就有11家，包括立讯精密 （4452亿元）、阳光电源（3100亿元）、牧原股份（2700亿元）、赛力斯（2500亿元）、胜宏科技 （2400亿元）…… 在500亿–1000亿元市值区间的"中坚力量"有12家，包括华勤技术、先导智能、紫光股份等； 市值在200亿–500亿元区间的"成长梯队"有22家，包括用友网络、长春高新、石头科技等； "香港IPO市场还在猛涨。"这不是一句情绪化的感慨，而是2025年10月港交所交出的最新"成绩单"。 让数据说话。截至10月21日，港交所正在处理的IP ...