Group 1 - The company, Guangdian Measurement, is actively planning to expand its overseas business in alignment with the overseas strategies of its existing major clients [1] - The company has already secured a certain volume of overseas business orders this year and is preparing for physical overseas operations and construction [1] - The company is conducting market research to seize opportunities for overseas development and to lay the groundwork for undertaking international projects [1]

Group 1 - The stock price of Guangdian Measurement Testing Group Co., Ltd. has deviated by a cumulative increase of 20.54% over three consecutive trading days, indicating abnormal trading fluctuations [1] - The company has not identified any recent public media reports that could have significantly impacted its stock trading price with undisclosed major information [1] - The company's recent production and operational conditions are normal, and there have been no significant changes in the internal and external operating environment [1] Group 2 - The company, its controlling shareholders, and actual controllers have no undisclosed major matters related to the company or any significant matters in the planning stage [1] - During the period of abnormal stock trading fluctuations, the controlling shareholders and actual controllers did not buy or sell the company's stock [1]

Core Viewpoint - The company is focusing on the development of integrated circuit testing services and is optimistic about future growth opportunities in the context of new government policies supporting the measurement industry [2][4]. Group 1: Business Development - The company has established advanced packaging testing services and is investing in technology research and development in this area, maintaining a stable growth trajectory [2]. - The company is actively involved in integrated circuit testing, providing services across various stages including design, wafer manufacturing, packaging, and component application [2]. - The recent government policy, "Measurement Support for New Quality Productivity Development Action Plan (2025-2030)," is expected to positively impact the measurement industry, providing a supportive framework for technological innovation and compliance [2]. Group 2: Order and Revenue Outlook - The company reports stable growth in overall orders, with expectations for continued stability in the third quarter despite concerns about potential revenue slowdowns due to order delays [3][4][14]. - The visibility of orders in the third quarter is anticipated to remain stable, with no significant downturn in demand from key downstream industries such as aerospace [4][14]. Group 3: Environmental and Carbon Management Services - The company offers a range of environmental services related to carbon footprint certification and green testing, catering to government departments and enterprises [6]. - The team responsible for carbon management services consists of experienced engineers with qualifications in greenhouse gas verification, indicating a strong capability in this area [6]. Group 4: Market Activity and Stock Performance - As of July 24, the company's stock closed at 17.44 yuan, with a slight increase of 0.81%, and a trading volume of 65,300 shares, amounting to a turnover of 114 million yuan [1]. - On the same day, the net inflow of funds from retail investors was 336.96 million yuan, while institutional investors saw a net inflow of 146.71 million yuan, indicating mixed market sentiment [16].

广电计量（002967）7月22日晚间发布向特定对象发行A股股票预案的公告，拟募集资金13亿元，用于 卫星互联网、航空装备、新一代人工智能芯片、数据智能等战略性产能投资，募投项目均是国家新质生 产力代表性产业，是国家科技自立的重点方向，具有较好的产业前景。 广电计量相关负责人表示，本次非公开发行预案是公司加大科技创新产业（300832）布局战略的具体落 地，为公司"十五五"的发展奠定了发展基础，同时也体现公司产融互动，灵活资本运作助力新质生产力 发展和战略目标的实现。公司将以本次发行为契机，进一步强化国有企业使命担当，加大在国家战略性 产业领域的技改和研发投入，充分发挥全国一体化服务优势、全产业链综合服务特色，不断提升资本使 用效率，加速打造科技研发检测龙头企业。 作为全国综合实力领先的第三方计量检测机构，广电计量在科技研发领域的检测能力名列前茅，业务已 覆盖特殊行业、智能网联汽车、航空航天、集成电路、生命科学、数字经济等领域。2024年在上市同行 中，公司研发投入位居前列，研发费用率行业排名第一。 全面布局新赛道 "技术创新是企业持续发展的核心竞争能力，自广州数科集团而下，我们流传着这样一句话：省了技术 创 ...

Core Viewpoint - The company has convened its 12th meeting of the 5th Supervisory Board to discuss and approve the proposal for a private placement of A-shares, which requires further approval from the shareholders' meeting [1][7]. Group 1: Meeting Details - The meeting was held on July 21, 2025, via communication methods, with all three supervisors present, meeting legal and regulatory requirements [1]. - The meeting's resolutions were passed unanimously, with all votes in favor and no objections or abstentions [2][3][4]. Group 2: A-Share Issuance Proposal - The company confirmed its eligibility to issue A-shares to specific investors, complying with relevant laws and regulations [1][2]. - The issuance will involve no more than 35 specific investors, including qualified institutional investors and individuals [2][3]. - The pricing mechanism for the shares will be based on a competitive bidding process, with a minimum price set at 80% of the average trading price over the previous 20 trading days [3][4]. Group 3: Fundraising and Utilization - The total amount to be raised from this issuance is capped at 1.3 billion yuan (130,000 million), with the net proceeds allocated to specific investment projects [4][6]. - The company plans to adjust the investment priorities based on the actual amount raised and the progress of the projects [6][7]. - The shares acquired through this issuance will be subject to a six-month lock-up period post-issuance [5][7]. Group 4: Future Plans and Reports - The company will publish detailed reports regarding the feasibility of fund usage and previous fundraising activities, which will be available on its official website [8]. - A three-year shareholder return plan for 2025-2027 has also been proposed and will be submitted for shareholder approval [8].

Core Viewpoint - The report provides an independent assurance on the use of funds raised from a non-public stock issuance by the company, confirming that the funds have been utilized in accordance with regulatory guidelines and accurately reflect the company's financial activities as of December 31, 2024 [1][2]. Group 1: Previous Fundraising Situation - The company raised a total of 1,499,999,995 CNY through a non-public issuance of 46,153,846 shares at a price of 32.50 CNY per share, with a net amount of 1,485,517,117.38 CNY after deducting issuance costs [3]. - As of December 31, 2024, the company has utilized 127,892,103.53 CNY of the raised funds, with 198,175,730.31 CNY used in 2023 [3][4]. - The company has a balance of 180,000,000 CNY in temporarily idle funds that have been used to supplement working capital [4]. Group 2: Fund Management and Usage - The company has established a fundraising management system to ensure the proper storage, approval, usage, and supervision of the raised funds [5]. - As of December 31, 2024, the total balance of the special accounts for the raised funds across various banks is 160,831,189.94 CNY [5]. - The company has used idle funds to temporarily supplement working capital, with a total of 5 billion CNY approved for this purpose, which has been returned to the special account within the stipulated time [7][8][9]. Group 3: Project Investment and Performance - The total planned investment for the projects funded by the raised capital is 1,660,123,900 CNY, with the actual cumulative investment as of December 31, 2024, being 462,648,337.71 CNY [6]. - The company has reported that the investment progress for various projects, such as the Guangzhou and Shenzhen testing laboratories, is at 98.30% and 83.72%, respectively [6][12]. - The company has not reported any instances where the cumulative returns from the investment projects are below the promised returns as of December 31, 2024 [10].

Core Viewpoint - The company plans to issue A-shares to specific investors in 2025, which may dilute immediate returns but includes measures to compensate for this dilution [1][2][12] Financial Impact Analysis - The issuance will not exceed 67,131,773 shares, representing up to 30% of the total shares before the issuance [1] - The net profit attributable to shareholders for 2025 is projected to be 31,850.51 million yuan under three scenarios: - Scenario 1: No growth compared to 2024 - Scenario 2: 10% growth compared to 2024 - Scenario 3: 20% growth compared to 2024 [1][3][4] Issuance Necessity and Reasonableness - The fundraising aligns with national industrial policies and the company's strategic development, enhancing business scope and market influence [4][5] - Projects include the establishment of testing platforms for aviation equipment and artificial intelligence, expanding the company's service capabilities [5][6][7] Measures to Mitigate Dilution Risk - The company will enhance fundraising management to ensure effective use of raised funds, aiming to achieve project benefits quickly [10][11] - A commitment to improve governance structures and profit distribution policies to protect investor interests [11][12] Commitment from Related Parties - The controlling shareholder and management have made commitments to ensure the fulfillment of measures to compensate for the dilution of immediate returns [12][13]

Core Viewpoint - The National Technical Innovation Center, led by Shenzhen Institute of Metrology and Quality Inspection, has successfully passed the acceptance inspection by the State Administration for Market Regulation, marking a significant step in promoting high-quality development in smart optoelectronic sensing technology [1][2]. Group 1: Establishment and Support - The Technical Innovation Center was officially approved for construction in September 2021 and is included in the key projects for quality infrastructure development in Shenzhen, receiving comprehensive support from the Shenzhen Market Supervision Bureau [1]. - The center focuses on the urgent needs for high-quality development in smart optoelectronic sensing technology, including image measurement, MEMS technology, and flexible tactile sensing [1]. Group 2: Achievements and Contributions - Since its establishment, the center has achieved significant results in key common and integrated application technology research, developing multiple new smart sensors and testing equipment [2]. - The center has built a one-stop public technical service capability for metrology, testing, certification evaluation, and technical standards related to smart sensing, significantly contributing to the improvement of industrial technology innovation and quality levels [2]. - The center has created multiple typical application scenarios for metrology and testing, facilitating the rapid industrial application and promotion of scientific and technological achievements [2]. Group 3: Infrastructure and Team - The innovation space of the Technical Innovation Center spans over 9,500 square meters, equipped with over 670 high-end devices, including neutron experimental fields and precision measurement laboratories [1]. - A technical team composed of nearly 100 high-educated talents has conducted 25 national, provincial, and municipal research projects, applied for 23 national invention patents, and led or participated in the revision of 42 international, national, and industry standards [1].

Performance Forecast - The company expects a net profit attributable to shareholders of between 95 million and 100 million yuan, representing a year-on-year growth of 19.20% to 25.48% compared to 79.6959 million yuan in the same period last year [1] - The net profit after deducting non-recurring gains and losses is projected to be between 80 million and 85 million yuan, indicating a year-on-year increase of 21.13% to 28.70% from 66.0435 million yuan [1] - Basic earnings per share are estimated to be between 0.16 yuan and 0.18 yuan, compared to 0.14 yuan in the previous year [1] - The company's operating revenue is forecasted to be 1.3436944 billion yuan, reflecting a year-on-year growth of 7.91% to 11.63% from the previous year's revenue [1] Reasons for Performance Change - The company has focused on strategic industries such as special industries, automotive, integrated circuits, and data science, enhancing its one-stop service capability for technological innovation [1] - The company has benefited from the demand for technological innovation in special industries, new energy vehicles, aviation, and integrated circuits, leading to a rapid increase in orders for technology innovation-related services [1] - The continuous improvement in refined management has resulted in a net profit growth rate that exceeds the growth rate of operating revenue [1]

Group 1: Autonomous Driving - BYD announced it has achieved L4-level smart parking capabilities and will cover all safety and loss liabilities for users of its Tian Shen Yan vehicles in smart parking scenarios [1] - CITIC Securities predicts that by 2025, the penetration rate of mid-to-high-end autonomous driving in China is expected to double, creating a market increment of 35 billion [1] - Guohai Securities notes that the commercialization of smart driving is accelerating, with increasing penetration rates expected to benefit the domain controller hardware and software supply chain [1] Group 2: Short Dramas - The short drama market in China has reached an annual scale of 300 to 350 billion, with expectations to surpass 500 billion next year [2] - The user base for micro-short dramas is projected to exceed 600 million by 2024, with the market size expected to reach 505 billion, surpassing annual box office revenue for the first time [2] - CITIC Jinshi Securities highlights a significant shift in the short drama industry towards advertising-based business models and an influx of traditional film companies [2] Group 3: 3D Printing - Researchers at the University of Texas at Austin have developed a new 3D printing technology that seamlessly integrates soft and hard material properties, opening new possibilities for prosthetics and flexible medical devices [3] - The 3D printing market in China is expected to exceed 63 billion by 2024, growing 30 times over the past decade, with projections to surpass 100 billion by 2029 [3] - The technology is seen as a transformative force in manufacturing, with applications expanding across various industries including healthcare and education [3] Group 4: Measurement and Testing - The State Administration for Market Regulation and the Ministry of Industry and Information Technology have issued a plan to support the development of new industrial productivity through measurement [4] - The demand for high-precision measurement in emerging industries such as new energy and aerospace is increasing significantly [4] - The Chinese measurement market is projected to exceed 150 billion yuan by 2025, with a compound annual growth rate of over 10% [4]