Core Points - The company is Shenzhen Consys Science & Technology Co., Ltd., established as a joint-stock company in accordance with the Company Law of the People's Republic of China [2][3] - The company was registered on September 15, 2020, and publicly issued 18,883,558 shares of ordinary stock, listing on the Shanghai Stock Exchange's Sci-Tech Innovation Board on October 22, 2020 [3][4] - The registered capital of the company is RMB 105,747,925 [5] - The company aims to promote the development of electronic information and artificial intelligence industries, adhering to a culture of "scientific spirit and creative thinking" [4][5] Company Structure - The company is governed by its articles of association, which serve as a legally binding document for the organization and behavior of the company, shareholders, directors, and senior management [4][5] - The company has a permanent existence as a joint-stock company, with the chairman serving as the legal representative [4][5] - Shareholders are liable for the company's debts only to the extent of their subscribed shares, while the company is liable for its debts with all its assets [4][5] Share Issuance and Management - The company issues shares in the form of stocks, with each share having a par value of RMB 1 [6][7] - The total number of shares issued by the company is 157,074,408, all of which are ordinary shares [6][7] - The company can increase its capital through various methods, including issuing shares to unspecified objects or existing shareholders [7][8] Shareholder Rights and Responsibilities - Shareholders have rights to dividends, voting, and participation in company meetings, as well as obligations to comply with laws and the company's articles of association [11][12] - The company must maintain a shareholder register based on records from the securities registration and settlement institution [11][12] - Shareholders holding more than 5% of the company's shares must declare their holdings and any changes [10][11] Governance and Meetings - The company holds annual and temporary shareholder meetings, with specific procedures for calling and conducting these meetings [21][22] - The board of directors is responsible for convening shareholder meetings and must ensure compliance with legal and regulatory requirements [21][22] - Shareholder proposals must be submitted in writing and can be made by shareholders holding at least 1% of the company's shares [25][26] Financial Management - The company is required to disclose financial information and ensure transparency in its operations [15][16] - The board of directors must report on its activities at the annual shareholder meeting, and independent directors must also provide performance reports [74][75] - The company must adhere to regulations regarding external guarantees and financial assistance related to share acquisition [46][47]

Summary of Key Points Core Viewpoint - The announcement details the conversion results and share changes related to the company's convertible bonds, indicating a low level of conversion activity since the bonds began their conversion period. Group 1: Convertible Bond Issuance Overview - The company issued 5.2 million convertible bonds on July 6, 2023, with a total value of RMB 520 million, netting RMB 507.67 million after fees [2] - The bonds have a six-year term, from July 6, 2023, to July 5, 2029, with an initial conversion price set at RMB 47.85 per share [2] Group 2: Conversion Status - As of June 30, 2025, the total amount converted from the bonds is RMB 52,025,000, resulting in 0 shares being converted in the current quarter [1][6] - The amount of convertible bonds that remain unconverted is RMB 467,975,000, which constitutes approximately 89.9952% of the total issuance [1][6] Group 3: Share Capital Changes - The total share capital as of June 30, 2025, remains at 162,847,152 shares, with no new shares issued from the conversion of the bonds [6]

点击上图▲立即报名 6月19日至6月20日，"生而全球·共融共建"第二届出海全球峰会在新加坡举行。与 会的1300名企业家与20多位来自学界、企业界、海外的嘉宾一起，探讨中国企业出 海的新方向和新路径。 崔洪波老师在论坛上进行了《从中国出发的全球化品牌大航海时代》专题演讲，本文 整理了崔洪波老师演讲的精华部分，分享给大家。 演讲 / 崔洪波 整理 / 巴九灵（微信公众号： 吴晓波频道） 中国公司主导的跨国 经营新时代正在开启 这一轮出海，无疑是一个从中国出发的全球化品牌大航海时代。 中国企业今天的出海，并不是我们要不要出海的问题，而是用何种方式、何种姿势、如何低风险的， 或者说尽可能在一个可控范围内的出海，因 为这是一个时代发展的必然。 今天这么多人来到新加坡出海峰会现场，我觉得很欣慰，一方面是因为大家看到了出海的热度，另一方面是因为大家愿意走出来看看。 "观海"是出海的第一步，企业家要抬头看天，职业经理人要低头走路， 这一点非常重要。当你把生意的界面拉到一个很长的视角时，你的格局和 思维其实已经完全不一样了。 就比如这两年中国的车企，让大家有了很强的民族自豪感，觉得丰田和本田在中国都不行了，我们可以笑傲江湖 ...

1）根据我们6 月19 日发布的新型烟草深度报告，伴随HNB 产品推新（6 月9日Glo Hilo 上市日本、日本 烟草5 月底推出Ploom Aura）、用户体验提升，其对传统卷烟消费群体的转化率和粘性会变得更强， HNB 产业渗透率有望加速提升（目前全球不到6%）；而HNB 对青少年吸引力较弱，同时具备不容易 拉新、税收体系完善、减害性容易论证等特点，其渗透率提升天花板较高。 2）复盘IQOS 历史产品沿革，10 余年时间进行了大小7 次迭代，最新的Iluma i系列在24 年3 月发布（电 磁感应加热技术在21 年8 月发布），根据过往迭代周期推算，我们认为26 年的新品或有较大技术迭代 与改进，看好其销售表现。 PMI 欧洲投资者发布会再次强化HNB 长足发展信心 6 月24 日，菲莫国际（PMI）在欧洲举行投资者交流活动，以欧洲为样本分享了一些重要的数据： 1）IQOS 在欧洲的获客渠道中，雾化电子烟的比重上升、达到了20%。（完整结构：60%来自可燃卷 烟、20%来自雾化烟、15%来自其他HNB 用户、5%来自口含烟），表明HNB 对欧洲的雾化烟消费群体 吸引力正在提升。 2）在欧洲，Poly-U ...

金融界2025年7月1日消息，国家知识产权局信息显示，立讯精密工业股份有限公司取得一项名为"开关 连接器和无线通信模块"的专利，授权公告号CN223052516U，申请日期为2024年09月。 天眼查资料显示，立讯精密工业股份有限公司，成立于2004年，位于深圳市，是一家以从事计算机、通 信和其他电子设备制造业为主的企业。企业注册资本717934.0589万人民币。通过天眼查大数据分析， 立讯精密工业股份有限公司共对外投资了50家企业，参与招投标项目86次，财产线索方面有商标信息 123条，专利信息649条，此外企业还拥有行政许可36个。 专利摘要显示，本实用新型实施例公开了一种开关连接器和无线通信模块，包括绝缘主体、多组金属端 子、多个信号隔离件和屏蔽外壳，绝缘主体内设置有多个纵向设置的插接孔和多个横向贯通设置的端子 槽，每组金属端子包括端部相互搭接的静端子和动端子，屏蔽外壳覆盖在绝缘主体外侧，且设置有多个 避开端子槽的固定部，以屏蔽外部电磁干扰，多个插接孔与多个端子槽一一对应连通，每组端子槽内设 置有一组金属端子，当穿过插接孔按压动端子时，动端子与静端子之间分离，断开该金属端子所连接线 路，实现开关的效果 ...

主线风格不明情况下，布局例如中证A500指数等均衡宽基或是把握A股修复更好的方式，当前有不少主 动权益基金放弃了沪深300等传统宽基指数，转向了中证A500指数等新兴指数，也证明了中证A500的优 质编制方案。均衡宽基A500ETF基金（512050）助力投资者一键布局A股核心资产。该ETF所跟踪中证 A500指数，采取行业均衡配置与龙头优选双策略，细分行业全覆盖，融合价值与成长属性，相比沪深 300，超配电子、医药生物、电力设备等新质生产力行业，具备天然的哑铃投资属性。场外联接（A 类：022430；C类：022431）。 （文章来源：每日经济新闻） 7月1日，A股市场蓄力回调，盘面上计算机、商贸零售等概念领跌，截至13点29分，A500ETF基金 （512050）强势翻红，持仓股东山精密、华天科技、乐普医疗、海澜之家等逆市走强。拉长时间看，截 至6月30日，A500ETF基金（512050）今年上半年收涨1.47%。 国盛证券表示，下半年政策可能难以强刺激，应会更注重抓落实、做好增量政策储备，方向上应更聚焦 稳就业、保民生、稳消费、稳地产、稳市场等，力度上可能更接近"托而不举"，同时基于"十五五规 划"布 ...

Group 1 - The report highlights a resilient actual GDP growth forecast of over 5% for Q2 2025, despite nominal GDP pressures due to declining economic data, particularly in real estate investment [6][7] - The report emphasizes the importance of domestic demand and technology as key investment themes, especially in light of the upcoming political bureau meeting that will outline economic policies for the second half of the year [7][8] - The agricultural sector, particularly pig farming, is expected to see a price increase due to reduced supply pressure and improved profitability, with specific companies like Muyuan Foods and Wens Foodstuffs recommended for investment [8][9][10] Group 2 - The pharmaceutical and biotechnology sector is gradually stabilizing, with a reported revenue of CNY 795.03 billion in the first four months of 2025, a year-on-year decline of 2.1% [12][13] - The report notes a significant increase in the number of innovative drug projects and collaborations, with 51 innovative drug projects worth over USD 48 billion completed in the first five months of 2025 [13][14] - Investment recommendations include focusing on innovative drug companies with differentiated products and strong potential for international expansion, such as Kelun Pharmaceutical and Betta Pharmaceuticals [14][27] Group 3 - The basic chemical sector is experiencing a recovery, with the SW basic chemical index outperforming the market, driven by a decrease in raw material costs and potential supply-side reforms [16][17] - Companies with strong cost advantages and those involved in supply-side reforms, such as Hoshine Silicon Industry and Zhejiang Longsheng, are highlighted as potential investment opportunities [18][19] - The report also points to new consumer trends driving demand for health additives and domestic substitutes in the chemical materials sector, with companies like Jinfa Technology and Shengquan Group recommended for investment [19] Group 4 - The electronics sector is witnessing a recovery, with Xiaomi's launch of its first AI glasses and other innovative products expected to strengthen its market position [20][21] - The report indicates a 4.61% increase in the electronic index, outperforming the broader market, with specific focus on AI-driven sectors and semiconductor equipment as key investment areas [22][23] - Recommended companies include companies benefiting from strong domestic and international demand in the AIOT field, such as Espressif Systems and Rockchip Electronics [23] Group 5 - The GLP-1 drug market is gaining attention with the approval of the first dual-target weight loss drug in China, which is expected to drive further interest in the sector [24][26] - The report notes that the pharmaceutical sector's overall performance has been mixed, with a 1.60% increase in the biopharmaceutical index, but specific segments like medical services and devices are performing well [25][27] - Investment suggestions include focusing on companies involved in innovative drug development and medical devices, such as Betta Pharmaceuticals and Yao Ming Pharmaceutical [27][28]

Group 1 - Honor Technology Co., Ltd. has initiated the process for an IPO in the A-share market, having completed the listing guidance filing with the Shenzhen Securities Regulatory Bureau on June 26 [1] - The guidance institution for the IPO is CITIC Securities, with the guidance plan expected to be completed between January and March 2026 [1] - If successful, Honor is poised to become the first AI terminal ecosystem company listed on the A-share market [1] Group 2 - Honor was established on April 1, 2020, with a registered capital of 32.239 billion RMB, and is classified under the computer, communication, and other electronic equipment manufacturing industry [2] - The controlling shareholder is Shenzhen Zhixin New Information Technology Co., Ltd., holding 49.55% of the shares [2] - Honor's previous CEO, Zhao Ming, indicated a preference for an IPO over a backdoor listing, citing confidence in the company's products and finances [3] Group 3 - Following the completion of the share reform in December 2024, Zhao Ming left his position as CEO in January 2025, succeeded by former Huawei executive Li Jian [4] - The company has experienced significant executive turnover, including the departure of key sales and marketing personnel [5] - Honor's market share in the Chinese smartphone market has declined, with a 15% share in 2024, down 1 percentage point from the previous year, amidst a total market growth of 4% [5] Group 4 - In March 2025, CEO Li Jian announced the "Alpha Strategy," committing to a transformation into an AI terminal ecosystem company with a planned investment of $10 billion over the next five years [5] - The strategy emphasizes a diverse ecosystem, suggesting that multiple players can thrive in the market [5] - The IPO marks a significant step for Honor, potentially revitalizing its market presence and aligning with its AI-focused narrative [5]

Company Overview - Mobi Antenna Technology (Shenzhen) Co., Ltd. was established in 1999 with a registered capital of 220 million RMB and focuses on electrical machinery and equipment manufacturing [1] - Mobi Technology (Shenzhen) Co., Ltd. was founded in 2015 with a registered capital of 50 million RMB, primarily engaged in instrument manufacturing [1] - Mobi Communication Technology (Jian) Co., Ltd. was established in 2006 with a registered capital of 267 million RMB, focusing on instrument manufacturing [2] - Mobi Technology (Xi'an) Co., Ltd. was founded in 2008 with a registered capital of 12 million RMB, specializing in professional technical services [2] - Shenzhen Shengyu Smart Network Technology Co., Ltd. was established in 2010 with a registered capital of 20 million RMB, engaged in general equipment manufacturing [2] - Xi'an Mobi Antenna Technology Engineering Co., Ltd. was founded in 2018 with a registered capital of 6 million RMB, focusing on manufacturing computers, communications, and other electronic devices [3] Patent and Investment Activity - Mobi Antenna Technology (Shenzhen) Co., Ltd. holds 1,018 patents and has participated in 360 bidding projects [1] - Mobi Technology (Shenzhen) Co., Ltd. has 669 patents and has invested in 1 company [1] - Mobi Communication Technology (Jian) Co., Ltd. holds 834 patents and has participated in 23 bidding projects [2] - Mobi Technology (Xi'an) Co., Ltd. has 820 patents and has invested in 2 companies [2] - Shenzhen Shengyu Smart Network Technology Co., Ltd. holds 345 patents and has participated in 2 bidding projects [2] - Xi'an Mobi Antenna Technology Engineering Co., Ltd. has 442 patents and has participated in 99 bidding projects [3] Administrative Licenses - Mobi Antenna Technology (Shenzhen) Co., Ltd. has 12 administrative licenses [1] - Mobi Technology (Shenzhen) Co., Ltd. has 8 administrative licenses [1] - Mobi Communication Technology (Jian) Co., Ltd. has 7 administrative licenses [2] - Mobi Technology (Xi'an) Co., Ltd. has 12 administrative licenses [2] - Shenzhen Shengyu Smart Network Technology Co., Ltd. has 12 administrative licenses [2] - Xi'an Mobi Antenna Technology Engineering Co., Ltd. has 9 administrative licenses [3]

中国宏观经济展望 - 2025 年中金公司中期投资策略会 20250630 摘要 中国经济正经历新旧模式交替，房地产拖累减小，技术进步加速，但物 价仍低迷，反映出经济转型初期不同领域表现不一，需综合分析宏观形 势。 中国劳动市场调整缓慢，劳动密度下降，收入增速放缓，影响消费和物 价，总需求偏弱，预计 2025 年下半年延续"准均衡"状态。 预计 2025 年下半年货币政策将侧重结构性工具，财政支出增加，出口 保持韧性，全年经济增长率预计在 5%左右，核心 CPI 逐步上升。 房地产与整体经济相关性减弱，家电销售不再完全依赖房地产，更多受 置换需求驱动，表明中国经济进入新模式。 中国经济结构变化显著，新经济、绿色经济、医药经济、生物医药和高 端制造比重上升，房地产比重下降，新兴行业 IPO 占比提高。 技术进步提升中国经济复杂度，接近全球最高端水平，出口结构与欧元 区、日本互补，国产化加速，减少进口需求。 2025 年一季度进口下降但对 GDP 有正贡献，反映需求走弱、经济结构 转型和国产替代效应，进口减少成为积极信号。 Q&A 当前中国宏观经济形势如何？ 当前中国宏观经济形势呈现出一些积极和谨慎的特点。房地产 ...