Group 1 - The company Baoming Technology (SZ 002992) held its fifth board meeting on August 28, 2025, to review the proposal for the 2025 semi-annual report and its summary [1] - For the year 2024, Baoming Technology's revenue composition was 99.98% from display device manufacturing and 0.02% from the new energy lithium battery industry [1]

Meeting Announcement - The company, BOE Technology Group Co., Ltd., is set to hold its second extraordinary general meeting of shareholders in 2025 on September 16, 2025, at 10:00 AM [1] - The meeting will include both on-site and online voting options for shareholders [1] Voting Details - Online voting will be available through the Shenzhen Stock Exchange trading system and internet voting system during specified trading hours on September 16, 2025 [1] - Shareholders must choose either on-site or online voting for their votes to be counted, and duplicate voting will not be allowed [1] Eligibility and Registration - Shareholders must hold shares by September 8, 2025, to be eligible to attend the meeting [1] - Registration procedures for both corporate and individual shareholders are outlined, including necessary documentation [1] Agenda Items - The meeting will discuss a proposal to change the company's registered capital and amend the Articles of Association [1] - The proposal has been approved by the company's board and supervisory committee in previous meetings [1] Voting Process - Detailed procedures for participating in online voting are provided, including the voting code and options for expressing opinions on proposals [3] - The voting process emphasizes that the first valid vote will be considered in case of duplicate votes on the same proposal [3] Proxy Voting - A proxy voting form is available for shareholders who wish to delegate their voting rights to another person [4] - The proxy form requires specific information about the shareholder and the designated proxy [4]

Core Viewpoint - Jun Cheng Technology (301106) reported a mixed performance in its 2025 mid-year financial results, with revenue growth but declining profit margins and net profit in the second quarter [1]. Financial Performance - Total revenue for the first half of 2025 reached 461 million yuan, a year-on-year increase of 13.38% [1]. - Net profit attributable to shareholders was 54.17 million yuan, up 0.69% year-on-year [1]. - In Q2 2025, total revenue was 267 million yuan, reflecting a 9.19% increase year-on-year, while net profit decreased by 9.12% to 29.30 million yuan [1]. Profitability Metrics - Gross margin stood at 22.35%, down 8.86% year-on-year [1]. - Net margin was 11.74%, a decline of 11.19% compared to the previous year [1]. - The total of selling, administrative, and financial expenses was 17.24 million yuan, accounting for 3.74% of revenue, which is a 4.77% increase year-on-year [1]. Cash Flow and Assets - Cash and cash equivalents increased significantly by 73.10% to 496 million yuan [1]. - Operating cash flow per share was 0.74 yuan, a substantial increase of 487.25% year-on-year [1]. Receivables and Debt - Accounts receivable amounted to 327 million yuan, a 4.62% increase year-on-year, with accounts receivable to net profit ratio reaching 342.67% [1][3]. - The company reported interest-bearing liabilities of 21.24 million yuan [1]. Historical Performance - The company's return on invested capital (ROIC) was 6.66% last year, indicating average capital returns [1]. - Historical data shows a median ROIC of 17.66% since the company went public, with the lowest ROIC recorded in 2023 at 5.4% [1].

General Principles - The rules are established to clarify the responsibilities and powers of the board of directors of Suzhou Qingyue Optoelectronics Technology Co., Ltd, standardize internal structures, decision-making processes, and enhance corporate governance [1][2][22] Composition and Powers of the Board - The board consists of 5 directors, including 2 independent directors, and is responsible for managing the company's assets and making operational decisions [2][3] - The board has the authority to convene shareholder meetings, execute resolutions, and determine the company's operational plans and investment strategies [3][4] Committees and Responsibilities - The board establishes specialized committees, including the remuneration and assessment committee, audit committee, nomination committee, and strategic committee, with independent directors holding a majority in certain committees [3][4] - The board is responsible for significant decisions such as capital increases or decreases, major acquisitions, and external investments, which require thorough review and approval [5][6] Meeting Procedures - The board must hold at least two regular meetings each year, with provisions for temporary meetings under specific circumstances [7][9] - Meeting notifications must be sent in advance, and the board must ensure that independent directors can communicate and provide input on proposed matters [8][10] Voting and Decision-Making - A quorum of more than half of the directors is required for meetings, and decisions must be made by a majority vote [19][27] - Directors must disclose any conflicts of interest and recuse themselves from voting on related matters [28][17] Documentation and Record-Keeping - Meeting records must be accurate and comprehensive, including attendance, proposals, and voting results, and must be retained for ten years [19][20][38] - Independent directors are required to maintain detailed records of their activities and any obstacles encountered in fulfilling their duties [36][18] Amendments and Compliance - The rules are subject to amendments based on applicable laws and regulations, and any conflicts with the company's articles of association will be resolved in favor of the latter [22][41]

Core Viewpoint - Suzhou Qingyue Optoelectronics Technology Co., Ltd. reported a revenue increase of 9.49% year-on-year for the first half of 2025, despite facing challenges from global economic conditions and industry competition [2][3][4]. Company Overview and Financial Indicators - The company focuses on the research, production, and sales of OLED and other new display devices, with a product structure centered around PMOLED, electronic paper modules, and silicon-based OLED micro-displays [4][5]. - Key financial metrics for the first half of 2025 include: - Revenue: 329.16 million RMB, up from 300.63 million RMB in the same period last year - Total profit: -39.55 million RMB, improved from -52.07 million RMB [3][4]. - Net profit attributable to shareholders: -30.76 million RMB, improved from -38.89 million RMB [3][4]. - Basic earnings per share: -0.07 RMB, improved from -0.09 RMB [3][4]. Industry and Business Analysis - The company operates in the new flat panel display industry, classified under "C39 Computer, Communication and Other Electronic Equipment Manufacturing" [4][5]. - The display industry is experiencing a dual challenge of growth and structural issues due to geopolitical tensions and tariff policies, but recovery is anticipated with easing economic conditions [4][5]. - The company has expanded its market presence by developing new products and applications, particularly in smart home, medical health, and wearable display sectors [4][5]. Core Competitiveness - The company has established a comprehensive technology innovation system, supported by various research platforms, ensuring its competitive edge in the OLED sector [5][6]. - The company holds 556 authorized patents, including 157 invention patents, reflecting its commitment to innovation and intellectual property protection [6][7]. Research and Development Progress - The company continues to focus on technological innovation in PMOLED, silicon-based OLED, and electronic paper technologies, achieving significant advancements in product performance and efficiency [4][5][6]. - Recent developments include the introduction of transparent PMOLED technology and improvements in electronic paper display structures, enhancing product capabilities and market applicability [4][5][6][7]. Market Strategy - The company has adopted a balanced product strategy across various application fields, including near-eye displays, electronic price tags, and smart home devices, with a customer base exceeding 20,000 [4][5][6]. - The company actively participates in industry exhibitions to enhance brand visibility and market reach, contributing to its growth strategy [4][5].

Group 1 - Tianlu Technology (SZ 301045) announced on August 25 that its third board meeting for 2025 was held, discussing the proposal for asset impairment provision for the first half of 2025 [1] - For the year 2024, Tianlu Technology's revenue composition is entirely from display device manufacturing, accounting for 100.0% [1] - As of the report, Tianlu Technology has a market capitalization of 2.8 billion yuan [1]

Group 1 - The core point of the article is that BOE Technology Group Co., Ltd. (京东方精电) experienced a decline of over 4%, specifically a drop of 4.2%, trading at 7.3 HKD with a transaction volume of 123 million HKD [1] - On August 22, the Hang Seng Index Company announced its semi-annual index adjustment results, which will take effect after the market closes on September 5 and will be effective from September 8 [1] - BOE Technology was removed from the Hang Seng Composite Index as part of the adjustments [1] Group 2 - The company announced that it would hold a board meeting today to approve its interim results for the six months ending June 30, 2025, consider the distribution of an interim dividend (if any), and address other matters [1]

General Principles - The purpose of the insider information management system is to regulate the management of insider information, enhance confidentiality, and maintain fairness in information disclosure according to relevant laws and regulations [1][2] - The board of directors is responsible for timely registration and submission of insider information personnel files, ensuring their authenticity and completeness, with the chairman being the primary responsible person [1][2] Scope of Insider Information and Insiders - Insider information refers to non-public information that significantly impacts the company's operations, finances, or stock market prices, including major events that could affect stock trading prices [2][3] - Insiders include company directors, senior management, and other personnel who can access insider information due to their roles or relationships with the company [3][4] Registration and Management of Insider Information - The company must fill out and maintain insider information personnel files, documenting the timeline and details of insider information access before public disclosure [4][5] - Major events such as significant asset restructuring, high ratio stock transfers, and changes in control must be reported to the Shenzhen Stock Exchange along with the insider information personnel files [5][6] Confidentiality and Accountability - Insiders have a confidentiality obligation and must not disclose insider information or use it for trading purposes before it is publicly disclosed [6][7] - The company must ensure that any provision of non-public information to insiders outside of major shareholders is preceded by a confidentiality agreement [8][9] Record Keeping and Reporting - Insider information personnel files and records of major events must be retained for at least ten years from the date of recording [9][10] - The company is required to conduct self-inspections of insider trading activities following the disclosure of major events and report any violations [10][11]

Core Viewpoint - The document outlines the internal reporting system for significant information at Tianma Microelectronics Co., Ltd, ensuring timely and accurate disclosure of information that may impact stock prices and investor rights [1][2]. Group 1: Definition and Scope of Significant Information - Significant information includes events that have occurred or are expected to occur that could materially affect the trading price of the company's stock and related derivatives [1]. - The reporting obligations apply to various stakeholders, including board members, senior management, department heads, and major shareholders [1][2]. - The scope of significant information encompasses matters such as board meeting submissions, major transactions, daily operational matters, related party transactions, major litigation, and situations posing significant risks to the company [2][3][4]. Group 2: Reporting Procedures and Responsibilities - The board of directors leads the disclosure work, with the board secretary responsible for external information disclosure [2]. - A real-time reporting system is implemented, requiring stakeholders to report significant information immediately upon awareness [5][6]. - Responsibilities of reporting obligors include collecting and organizing significant information, preparing internal reports, ensuring the accuracy and completeness of reports, and maintaining confidentiality [5][8]. Group 3: Disclosure Requirements and Follow-up - Reporting obligors must report the progress of disclosed significant information, including changes in agreements or delays in transactions [7][8]. - Written materials related to significant information must be submitted, including internal reports, agreements, and any relevant government approvals or legal documents [7][8]. - The company emphasizes the importance of limiting the knowledge of sensitive information to a minimum to prevent insider trading [8].

Core Viewpoint - The document outlines the management system for subsidiaries of Tianma Microelectronics Co., Ltd., emphasizing the importance of governance, risk control, and compliance with relevant laws and regulations [1][2]. Group 1: General Principles - The management system aims to strengthen the control over subsidiaries, mitigate operational risks, and protect investors' rights [1]. - Subsidiaries are defined as independent legal entities, including wholly-owned and controlled subsidiaries [1]. Group 2: Governance of Subsidiaries - Subsidiaries must establish a sound governance structure and internal management systems in accordance with the Company Law and their own articles of association [2]. - The company has the authority to nominate directors and senior management for subsidiaries, who are accountable to the company [2][3]. Group 3: Operational and Investment Decision Management - Subsidiaries' operational plans must align with the overall strategic goals of the company [3]. - Investment decisions must be systematic and follow the company's external investment management regulations, including thorough feasibility studies [3][4]. Group 4: Financial Management - Subsidiaries' financial departments are guided and supervised by the company's financial management center [4]. - Financial reporting must comply with the company's requirements, and subsidiaries must maintain strict controls over financial transactions and avoid non-operational fund occupation [5][6]. Group 5: Major Information Reporting and Disclosure - Subsidiaries are required to report significant events that may impact the company's stock price and comply with disclosure regulations [6]. - The general manager of the subsidiary is responsible for ensuring compliance with the company's information disclosure policies [6]. Group 6: Internal Audit and Supervision - The company conducts regular audits of subsidiaries, focusing on financial audits and compliance with internal control systems [7]. - Subsidiaries must cooperate with audits and implement the recommendations provided in audit reports [7]. Group 7: Performance Management and Incentives - The company has established a performance management system to enhance employee capabilities and achieve strategic goals [8]. - Subsidiaries are encouraged to adopt the company's performance management practices [8].