人民财讯8月21日电，骏亚科技(603386)8月21日晚间披露2025年半年度报告，上半年实现营业收入12.64 亿元，同比增长13.54%；归母净利润3813.06万元，同比扭亏为盈；基本每股收益0.12元。本期营业收 入同比增加、毛利率上升。 转自：证券时报 ...

（文章来源：每日经济新闻） 2025年1至6月份，金禄电子的营业收入构成为：PCB占比90.64%，其他业务占比9.36%。 金禄电子（SZ 301282，收盘价：29.14元）8月21日晚间发布公告称，公司限售股份748万股将于2025年 8月26日解禁并上市流通，占公司总股本比例约为4.95%。 ...

（记者 王晓波） 截至发稿，沪电股份市值为1031亿元。 每经头条（nbdtoutiao）——核心产品净值仅剩7毛钱，昔日"公募一哥"任泽松怎么了？牛市踏空真相曝 光 每经AI快讯，沪电股份（SZ 002463，收盘价：53.57元）8月21日晚间发布公告称，公司第八届第七次 董事会会议于2025年8月20日在公司会议室以现场结合通讯表决的方式召开。会议审议了《公司2025年 半年度报告》等文件。 2025年1至6月份，沪电股份的营业收入构成为：PCB占比95.98%，其他业务占比3.99%，房屋销售收入 占比0.03%。 ...

截至发稿，沪电股份市值为1031亿元。 根据董事会及股东会的授权，截至目前公司存续的对外担保余额不超过人民币13.79亿元（外币担保已 按照2025年8月20日人民币汇率中间价折算为人民币，汇率数据来源于中国货币网），占公司最近一期 经审计净资产的比例不超过11.65%；公司及控股子公司无逾期对外担保，无涉及诉讼的对外担保及因 担保被判决败诉而应承担损失的情形。 2025年1至6月份，沪电股份的营业收入构成为：PCB占比95.98%，其他业务占比3.99%，房屋销售收入 占比0.03%。 每经AI快讯，沪电股份（SZ 002463，收盘价：53.57元）8月21日晚间发布公告称，公司于2025年8月20 日召开第八届董事会第七次会议审议通过《关于为控股子公司沪士电子（泰国）有限公司提供担保的议 案》，为满足沪士电子（泰国）有限公司（下称"沪士泰国"）经营需求，同意全资子公司沪士国际有限 公司（下称"沪士国际"）为沪士泰国向中国银行（泰国）股份有限公司申请授信额度提供连带责任担 保，担保金额为2500万美元，并授权管理层具体办理担保相关事宜并签署相关法律文件。上述授信额度 主要用于本票融资短期贷款、进口发票融资 ...

Core Insights - The company reported a significant increase in revenue and net profit for the first half of 2025, with revenue reaching 8.494 billion yuan, a year-on-year growth of 56.59%, and net profit attributable to shareholders at 1.683 billion yuan, up 47.5% [1] Financial Performance - Revenue for the first half of 2025 was 8.494 billion yuan, reflecting a year-on-year increase of 56.59% [1] - Net profit attributable to shareholders was 1.683 billion yuan, representing a growth of 47.5% compared to the previous year [1] - Operating cash flow net amount was 2.097 billion yuan, showing a substantial increase of 75.67% year-on-year [4] Growth Drivers - The surge in revenue was primarily driven by the explosive growth in demand for artificial intelligence and high-speed network infrastructure [1] - The enterprise communication market segment generated revenue of 65.32 billion yuan, a year-on-year increase of 70.63%, accounting for 76.9% of total revenue [1] - High-speed network switches and related PCB products were the fastest-growing segments, with a year-on-year growth of 161.46%, making up 53% of the enterprise communication market revenue [2] Profitability Challenges - Despite the revenue growth, the company's gross margin declined, with PCB business gross margin at 36.46%, down 1.49 percentage points year-on-year [3] - The decline in gross margin was attributed to increased stock incentive expenses and losses from the Thailand factory, which reported a loss of approximately 96 million yuan during the reporting period [3] Operational Risks - Inventory impairment losses increased significantly to 190 million yuan, up approximately 28.8% year-on-year, indicating inventory management pressures [4] - The provision for bad debts for accounts receivable was 823 million yuan, a substantial increase, raising concerns about customer credit risk [4] Strategic Initiatives - The company is undertaking a large-scale capacity expansion project with a total investment of approximately 4.3 billion yuan, aimed at meeting the long-term growth trend in AI computing power [5] - In terms of technology development, the company is advancing its 1.6T switch products into customer sampling and certification stages, and collaborating with leading companies to develop products based on a 224Gbps rate platform [5] - The automotive PCB business achieved revenue of 1.422 billion yuan, growing 24.18%, with emerging automotive products' share increasing from 37.68% to 49.34% [5]

风险提示及免责条款 市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何 意见、观点或结论是否符合其特定状况。据此投资，责任自负。 沪电股份发布2025年半年度报告，实现营业收入84.94亿元，同比增长56.59%；归属于上市公司股东的 净利润16.83亿元，同比增长47.5%。 ...

格隆汇8月21日丨金禄电子(301282.SZ)在投资者互动平台表示，铜浆烧结工艺目前是PCB行业内先进的 工艺，制作难度较大；公司产品在防务领域有应用于先进装备。 ...

Group 1 - The company Shenghong Technology (Huizhou) Co., Ltd. has submitted an application for issuing overseas listed shares (H shares) and listing on the main board of the Hong Kong Stock Exchange on August 20 [1] - Shenghong Technology specializes in the research, production, and sales of high-precision multilayer, HDI, FPC, and rigid-flex boards, with applications in various fields such as artificial intelligence, big data centers, industrial interconnect, automotive electronics (new energy), next-generation communication technology, new energy, aerospace, and medical instruments [1] - The company is recognized as one of the top 100 printed circuit board manufacturers globally and is a vice-chairman unit of the China Printed Circuit Association, also involved in setting industry standards [1]

Group 1 - The stock price of Shengyi Electronics reached 58.17 yuan as of August 20, 2025, with an increase of 3.45 yuan from the previous trading day [1] - The company specializes in the research, production, and sales of printed circuit boards, which are widely used in communication devices, network equipment, and computers/servers [1] - Shengyi Electronics has invested 1.9 billion yuan in the Ji'an Phase II project to build an intelligent manufacturing high-layer computing circuit board project, with an annual production capacity planned at 700,000 square meters [1] Group 2 - As of the end of the second quarter, the basic pension insurance fund's 1202 combination became the company's tenth largest circulating shareholder, holding 5.33 million shares, accounting for 0.64% of circulating shares [1] - In the first half of 2025, the company reported operating revenue of 3.769 billion yuan, a year-on-year increase of 91%, and a net profit attributable to the parent company of 531 million yuan, a year-on-year increase of 452.11% [1] - On August 20, the net inflow of main funds was 126 million yuan, with a cumulative net inflow of 303 million yuan over the past five trading days [2]

Core Viewpoint - The company has announced its 2025 semi-annual report and plans to hold a temporary shareholders' meeting on September 5, 2025, to discuss various proposals including amendments to the company's articles of association and internal control systems [5][16][40]. Company Basic Information - The company does not plan to distribute cash dividends or issue bonus shares for the reporting period [2]. - There have been no changes in the controlling shareholder or actual controller during the reporting period [4]. - The company has no preferred shareholders or related situations during the reporting period [4]. Important Matters - The company held its sixth board meeting on August 18, 2025, where it approved the semi-annual report and proposed amendments to the articles of association [5][9]. - The board meeting was attended by all five directors, and the resolutions passed were deemed legal and effective [5]. - The company plans to eliminate the supervisory board and transfer its responsibilities to the audit committee of the board [40][41]. Shareholder Meeting Details - The temporary shareholders' meeting is scheduled for September 5, 2025, with both onsite and online voting options available [16][19]. - The meeting will address several proposals, including the modification of the articles of association and the establishment of a new employee director position [40][41]. - The deadline for shareholder registration is August 29, 2025 [20]. Guarantee Situation - The company approved a guarantee limit of up to RMB 5.7 billion for its subsidiaries, with the guarantee methods including joint liability guarantees and collateral [50]. - As of June 30, 2025, the total guarantee amount was RMB 376.345 million, with an actual guarantee balance of RMB 266.362 million, all of which were for wholly-owned subsidiaries [51].