证券代码：603677 证券简称：奇精机械 公告编号：2025-045 奇精机械股份有限公司 第五届董事会第三次会议决议公告 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。 奇精机械股份有限公司（以下简称"公司"）第五届董事会第三次会议通知已于2025年11月21日以电子邮 件方式发出，会议于2025年11月25日以通讯方式召开。本次会议由董事长梅旭辉先生召集，公司应出席 董事9人，实际出席董事9人。本次会议的召集、召开和表决程序符合《公司法》等法律、法规、规范性 文件及《公司章程》的规定，会议合法有效。 经过与会董事认真审议，形成如下决议： 一、审议通过了《关于向奇精工业（泰国）有限责任公司增资的议案》。 《关于向奇精工业（泰国）有限责任公司增资的公告》（公告编号：2025-046）详见2025年11月26日上 海证券交易所网站（www.sse.com.cn）及《上海证券报》《证券时报》《证券日报》《中国证券报》。 表决结果：9票同意，0票反对，0票弃权。 特此公告。 奇精机械股份有限公司 董事会 2025年11月26日 证 ...

Core Insights - Nanhua Futures has successfully obtained clearing membership with Nodal Clear, enhancing its global clearing capabilities and marking a significant step in its internationalization strategy [1][2][5] Group 1: Clearing Membership and Global Expansion - Nanhua Futures' subsidiary, Nanhua USA LLC, has been approved as a clearing member of Nodal Clear, allowing access to both Nodal Exchange and Coinbase Derivatives [1][2] - This approval follows Nanhua Futures' earlier membership with ICEU, making it the third major clearing license acquired, thus strengthening its global service network across Asia, Europe, and North America [1][2][5] - The new clearing qualification enables Nanhua Futures to participate in specialized markets for North American electricity, natural gas, and environmental products, as well as innovative crypto products [2][3] Group 2: Business Performance and Financial Growth - Nanhua Futures has seen significant growth in its overseas business, with revenue from international operations increasing from 231 million to 654 million yuan from 2022 to 2024, reflecting a compound annual growth rate of 68.26% [4] - The net profit of its subsidiary, Honghua International, reached 417 million yuan in 2024, highlighting the importance of overseas operations as a key profit source [4] - As of June 2025, the total client equity in Nanhua Futures' overseas brokerage business was 17.768 billion HKD, with a year-on-year growth of 32.25% [4] Group 3: Strategic Positioning and Market Trends - Nanhua Futures is one of the few domestic firms with clearing qualifications in major exchanges in China, the U.S., and Europe, positioning itself favorably in the competitive landscape [5] - The firm is responding to the challenges in the domestic brokerage business by expanding its international presence, which is seen as a pathway to mitigate intense competition and transition towards comprehensive solutions [5][6] - The global political and economic environment has heightened the role of futures and derivatives in risk management, with the Chinese futures market experiencing significant growth in trading volume and value [6]

据了解，公司本次筹划H股发行上市，核心目的是进一步深化国际化战略布局，增强境外投融资及运营 能力，持续吸引并聚集优秀人才，进而提升公司综合竞争实力。 资料显示，龙迅股份是国内信号链芯片领域的主要企业之一，专注于高速混合信号芯片的研发和销售， 产品线涵盖高清视频桥接和处理芯片、高速信号传输芯片及系统解决方案。高清视频桥接及处理芯片主 要用于多种高清视频信号的协议转换与功能处理，是视频信号从显示源到显示终端之间传输的桥梁，可 对各种高清视频信号进行协议转换及功能处理。高速信号传输芯片用于信号的有线传输，能实现信号的 高速传输、复制、调整、放大、分配、切换等功能，在信号传输中起桥梁的作用，具有低功耗、低延 迟、高带宽、高可靠性等特点。 从营收端分析，龙迅股份营业收入由2019年的1.05亿元增长至2024年的4.66亿元，2019-2024 CAGR为 34.84%，2025年上半年实现营业总收入2.47亿元，同比增长11.35%。 11月22日，龙迅股份发布提示性公告，宣布公司拟筹划首次公开发行H股股票并在香港联合交易所有限 公司（以下简称"香港联交所"）主板上市，旨在深化国际化战略布局，增强境外投融资及运营能力 ...

Group 1 - The core point of the article is that Oriental Yuhong has signed an agreement to acquire 60% of Brazilian company Novakem, which specializes in cement additives and concrete admixtures, as part of its international expansion strategy [1][6] - The number of Chinese enterprises investing in Brazil has been steadily increasing, making China a significant source of investment for Brazil, with strong economic complementarity between the two countries [2][6] - The Brazilian construction and infrastructure market is rapidly developing, with strong and sustained demand for cement additives and high-performance concrete admixtures [2][6] Group 2 - Novakem has established a strong brand reputation in the local chemical additives sector due to its advanced technology and stable product quality, supported by a capable management team [4][6] - The acquisition aims to leverage Novakem's advantages in the admixture product field and enhance Oriental Yuhong's competitiveness in the Brazilian market, while also expanding its presence in Latin America [6][8] - The transaction will integrate Novakem's brand influence, management experience, and customer resources with Oriental Yuhong's capabilities in technology research and development, product expansion, channel operations, and supply chain integration [8]

来源：新浪港股-好仓工作室 点击查看公告原文>> 声明：市场有风险，投资需谨慎。 本文为AI大模型基于第三方数据库自动发布，任何在本文出现的信 息（包括但不限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成 个人投资建议。受限于第三方数据库质量等问题，我们无法对数据的真实性及完整性进行分辨或核验， 因此本文内容可能出现不准确、不完整、误导性的内容或信息，具体以公司公告为准。如有疑问，请联 系biz@staff.sina.com.cn。 陕西源杰半导体科技股份有限公司（证券简称：源杰科技，证券代码：688498）于2025年11月20日发布 公告称，公司于2025年11月19日召开第二届董事会第二十四次会议，审议通过了《关于授权公司管理层 启动公司境外发行股份(H股)并在香港联合交易所有限公司上市相关筹备工作的议案》，同意授权公司 管理层在自董事会审议通过之日起12个月内启动本次H股上市的前期筹备工作；本次H股上市旨在加快 公司国际化战略及海外业务布局，进一步提升公司品牌形象及知名度，提高公司的资本实力和综合竞争 力，公司计划与相关中介机构就本次H股上市的具体推进工作进行商讨，但除本 ...

Core Viewpoint - Guangdong Lingyi iTech Limited announced plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance its international strategy and expand overseas business operations [1] Group 1: Company Actions - The company held its 20th meeting of the 6th Board of Directors on October 28, 2025, where it approved the proposal for issuing H-shares and listing on the Hong Kong Stock Exchange [1] - The issuance and listing are subject to approval from the shareholders' meeting and regulatory bodies including the China Securities Regulatory Commission and the Hong Kong Securities and Futures Commission [1] Group 2: Strategic Goals - The primary aim of the H-share issuance and listing is to promote the company's internationalization strategy, enhance overseas business layout, and broaden channels for overseas mergers, acquisitions, and financing [1] - The company seeks to improve its international visibility and overall competitiveness through this initiative [1] Group 3: Current Status - As of now, the company is in discussions with relevant intermediaries regarding the details of the issuance and listing, with specific details such as the proportion of shares to be issued yet to be disclosed [1]

Core Viewpoint - The company is planning to issue overseas listed shares (H-shares) and apply for listing on the Hong Kong Stock Exchange to enhance its international strategy, competitiveness, and brand image while diversifying its financing channels [1] Group 1 - The company aims to deepen its international strategic layout [1] - The issuance of H-shares is intended to improve the company's overall competitiveness [1] - The company is currently discussing the details of the H-share issuance and listing with relevant intermediaries [1] Group 2 - The H-share issuance and listing will not result in changes to the company's controlling shareholder or actual controller [1]

Core Viewpoint - Daotong Technology (688208.SH) is planning to issue H shares and apply for listing on the Hong Kong Stock Exchange to enhance its international strategy and operational capabilities [3]. Company Overview - Daotong Technology was established in 2004 and focuses on the research, development, production, sales, and service of automotive intelligent analysis, testing analysis systems, and automotive electronic components [3]. Financial Performance - For the first three quarters of 2025, Daotong Technology reported revenue of 3.496 billion yuan, a year-on-year increase of 24.69%, and a net profit attributable to shareholders of 541 million yuan, up 35.49% [3]. - In the 2024 annual report, the company achieved revenue of 3.932 billion yuan, reflecting a year-on-year growth of 20.95%, with a net profit attributable to shareholders of 641 million yuan, which is a significant increase of 257.59% [3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was 541 million yuan, marking a year-on-year increase of 47.42% [3]. Executive Compensation - The total pre-tax compensation for the chairman and general manager, Li Hongjing, in 2024 was 423,600 yuan, while the vice general manager, Nong Yingbin, received 1.4 million yuan, an increase of 760,000 yuan compared to the same period in 2023 [3].

Core Viewpoint - The company has approved the establishment of a wholly-owned subsidiary in Morocco to advance its internationalization strategy, responding to the growing automotive market in Morocco and surrounding regions [2][3] Group 1: Company Expansion - The new subsidiary, tentatively named PPF (Morocco) Co., Ltd., will have a registered capital not exceeding 70 million RMB equivalent in Moroccan Dirhams, located in the Ghenitra-Atlantic Free Trade Zone [2] - The subsidiary will focus on the research, production, and trade of automotive components, with 100% ownership held by the company's wholly-owned subsidiary in Singapore [2] Group 2: Strategic Rationale - The investment aims to mitigate potential adverse impacts from international environmental changes and to meet the demand from overseas clients for nearby production facilities [3] - Establishing a company in Morocco aligns with the long-term strategy of expanding into the European market, enhancing cooperation with overseas clients, and strengthening the company's international business footprint [3] Group 3: Market Coverage - The Moroccan subsidiary will serve the European and African markets while providing support to clients in North and South America, contributing to a diversified service system [3] - The company's global layout now includes operations in Singapore, Thailand, Morocco, Japan, and France, facilitating comprehensive service across various regions [3]

Core Viewpoint - The article discusses the upcoming IPO of Shouchuang Securities on the Hong Kong Stock Exchange, highlighting its strategic focus on asset management and technology investments, aiming to enhance its core business and international presence [1][2][7]. Fundraising and Business Focus - Shouchuang Securities plans to use the funds raised from the IPO primarily for asset management, investment banking, and IT investments, with a focus on enhancing its core business and financial technology capabilities [2][3]. - The company aims to solidify its asset management business, which is crucial for its development, and diversify its investment banking operations [2][3]. Financial Performance and Growth - From 2022 to 2024, Shouchuang Securities' revenue is projected to grow from 1.588 billion to 2.418 billion, with net profit increasing from 555 million to 985 million [3]. - The average return on total assets is expected to rise from 1.5% in 2022 to 2.2% in 2024, with the weighted average return on net assets increasing from 5.4% to 7.6% during the same period [3]. Asset Management Business Insights - The asset management business plays a significant role in Shouchuang Securities, contributing 37.61% of total revenue in 2024, while investment business accounts for 44.09% [4]. - The company has achieved a compound annual growth rate of 15.8% in asset management scale from 2022 to 2024, contrasting with the industry average decline of 6.7% [4]. Recent Challenges - In the first half of 2025, Shouchuang Securities experienced a decline in asset management revenue, which accounted for 19.74% of total revenue, down 54.06% year-on-year due to market conditions [5]. - Despite the revenue drop, the company continues to see steady growth in asset management scale [5]. Shareholding Changes - On October 15, 2023, Shouchuang Securities announced a transfer of 3.56% of its shares from its controlling shareholder to Beijing Infrastructure Investment Co., which will enhance business support for Shouchuang Securities [6]. Internationalization Strategy - The IPO is part of Shouchuang Securities' strategy to strengthen its capital base and support international business expansion, focusing on global service capabilities and partnerships with overseas financial institutions [7][8].