Group 1 - The company Jinlu Electronics announced a cash dividend distribution plan for the first three quarters of 2025, proposing to distribute 1.5 RMB per 10 shares to all shareholders, including tax [1] - The record date for the dividend distribution is set for November 27, 2025, while the ex-dividend date is November 28, 2025 [1]

Core Viewpoint - The company, Weirgao, focuses on the research and production of PCBs, particularly in the server power application sector, and has made significant technological advancements in its DC-DC related PCB products, which have entered the small batch shipment phase [1] Group 1: Technological Progress - The company has achieved a technological breakthrough in its DC-DC related PCB products and has completed customer onboarding [1] - The company encourages stakeholders to monitor relevant announcements and periodic reports for specific updates on technological advancements [1] Group 2: Capacity Layout - The first phase of the factory in Thailand is set to commence production in June 2024, with current capacity meeting established expectations [1] - The factory primarily serves high-end product demands, including AI server power and automotive electronics [1] Group 3: Customer Structure - The company has established stable partnerships with several well-known domestic and international power supply manufacturers [1] - The server power PCB market presents significant growth potential, with numerous participants [1] Group 4: Market Strategy - The company aims to leverage its technology, quality, and delivery capabilities to serve existing customers while actively exploring new opportunities [1]

Core Viewpoint - The company, Huadian Co., Ltd. (002463.SZ), aims to enhance its control and operational efficiency over Shengwei Technology (Jiangsu) Co., Ltd. by acquiring an additional 15% stake from Schweizer Electronic AG for €19.0091 million, increasing its ownership from 84% to 99% [1] Group 1 - The acquisition of the 15% stake in Shengwei Technology will strengthen the company's decision-making capabilities and control over the subsidiary [1] - The company will also purchase a set of patents and technical assets from Schweizer for €1.991 million to improve its technology layout in embedded packaging technology (P2Pack) [1] - This strategic move is expected to enhance the core technological capabilities, product competitiveness, and market barriers of Shengwei Technology [1]

Core Viewpoint - The company aims to enhance its control and operational decision-making efficiency over Shengweica by acquiring an additional 15% stake from the related party Schweizer for €19.09 million, increasing its ownership from 84% to 99% [1] Group 1 - The acquisition of the 15% stake is part of the company's strategy to strengthen its control over Shengweica [1] - The company will also purchase a set of patents and technical assets from Schweizer for €1.9909 million to improve Shengweica's technology layout in embedded packaging technology (P2Pack) [1] - This move is expected to enhance the core technological capabilities of Shengweica, thereby increasing product competitiveness and market barriers [1]

Core Viewpoint - Junya Technology (603386) reported that as of September 30, 2025, the total number of shareholders is 16,953 [1] Summary by Category - **Company Information** - Junya Technology has disclosed that the total number of shareholders is 16,953 as of September 30, 2025, as per the company's third-quarter report for 2025 [1]

Group 1 - EVE Energy signed a procurement framework agreement with its affiliate, Smoore International, for continuous procurement of battery cells starting from January 1, 2026 [1] - Zhaoyi Information plans to issue H-shares and list on the Hong Kong Stock Exchange [1] - Fuke Environmental announced a change in its stock abbreviation to "Fuke Technology" effective November 26 [1] Group 2 - Dajia Weikang's shareholder and director terminated a share reduction plan ahead of schedule, having reduced 1% of total shares [2] - Aohong Electronics received approval from the China Securities Regulatory Commission for the issuance of convertible bonds [2] - Yingfeng Environment's controlling shareholder plans to issue exchangeable bonds not exceeding 1 billion yuan [2] Group 3 - Longshen Rongfa's subsidiary obtained a renewed drug production license covering various pharmaceutical products [4] - Xinhua News' subsidiary invested 15 million yuan in a fund with a total commitment of 221 million yuan [5] - Guang'an Aizhong appointed two new deputy general managers [6] Group 4 - Fosun Pharma's subsidiary's drug for gastric cancer treatment was included in the breakthrough therapy program by the National Medical Products Administration [7] - Nanjiao Foods reported a significant decline in October net profit due to rising raw material costs [8] - Nanfeng Co. won two nuclear power project bids totaling 928.7 million yuan [10] Group 5 - Puluo Pharmaceutical received a drug registration certificate for its Cefdinir capsules [11] - Liming Co.'s subsidiary received environmental approval for a new pesticide raw material project [12] - Longhua New Materials' expansion project for polyether polyols has commenced trial production [13] Group 6 - Pumen Technology's products received IVDR CE certification from TÜV Rheinland [15] - China Chemical reported new contracts worth 312.67 billion yuan from January to October [18] - China Nuclear Construction achieved new contracts totaling 123.84 billion yuan as of October [19] Group 7 - Changshu Bank's executives plan to purchase at least 550,000 shares of the bank [20] - Shandong Steel's subsidiary is applying for bankruptcy liquidation to focus on core business [21] - Huakang Clean is expected to win a bid for a purification system project worth 176 million yuan [23] Group 8 - Huawu Co. plans to internally transfer subsidiary equity [24] - Tianen Kang's subsidiary received clinical trial acceptance for a new drug [26] - Tianyi Medical's subsidiary obtained a medical device registration certificate for a blood dialysis product [27] Group 9 - Xuelang Environment is facing a pre-restructuring application from creditors [27] - Chitianhua's subsidiary resumed production after passing safety inspections [28] - Huaping Co.'s director plans to reduce 0.03% of company shares [30] Group 10 - Xizhuang Co. plans to establish a wholly-owned subsidiary in Singapore [31] - Ruisheng Intelligent's subsidiary won a 60.23 million yuan ICT project bid [32] - Junyi Digital plans to invest 120 million yuan in Guanghong Precision [33] Group 11 - Fuguang Co.'s controlling shareholder plans to increase holdings between 80 million to 150 million yuan [34] - Ganyue Express reported a 13.68% increase in logistics revenue in October [39] - Jiangsu Sop terminated its 2025 private placement plan [41] Group 12 - Langke Intelligent's shareholders plan to reduce a total of 1.68% of company shares [42] - Yuantong Express reported an 8.97% increase in express product revenue in October [45] - Jinbei Automotive plans to invest 158 million yuan to acquire 52% of Zhongtuo Technology [46]

Core Viewpoint - Zhongfu Circuit experienced a significant increase in stock price, reaching a daily limit of 20% with a turnover rate of 10.70% and a total transaction amount of 1.464 billion yuan [2]. Trading Activity - The stock saw a net institutional buying of 19.0664 million yuan and a net buying of 9.0703 million yuan from the Shenzhen Stock Connect [2]. - The top five trading departments accounted for a total transaction amount of 522 million yuan, with a net buying of 126 million yuan [2]. - Specific trading departments included two institutional special seats, which collectively bought 58.239 million yuan and sold 39.1726 million yuan, resulting in a net buying of 19.0664 million yuan [2]. Fund Flow - The stock had a net inflow of 119 million yuan from major funds, with a significant inflow of 151 million yuan from large orders, while large orders saw a net outflow of 32.5522 million yuan [2]. - Over the past five days, the net inflow of major funds was 3.288 million yuan [2].

Core Viewpoint - The company has received approval from the China Securities Regulatory Commission for the issuance of convertible bonds to unspecified investors, indicating a strategic move to raise capital [1] Group 1 - The company will issue convertible bonds as per the approved registration application [1] - The approval is valid for 12 months from the date of registration [1] - The company plans to implement the issuance strictly according to the submitted documents and issuance plan to the Shanghai Stock Exchange [1]

Core Viewpoint - The report from Zhongyou Securities highlights the structural demand for high-end PCBs driven by emerging computing scenarios such as high-speed switches and AI servers, with Huadian Co., Ltd. achieving a net profit of 2.718 billion yuan in the first three quarters, representing a year-on-year increase of 47.03% [1] Group 1: Financial Performance - Huadian Co., Ltd. reported a net profit of 1.035 billion yuan in Q3, reflecting a year-on-year growth of 46.25% and a quarter-on-quarter increase of 12.44% [1] - The company's net profit for the first three quarters reached 2.718 billion yuan, marking a significant year-on-year increase [1] Group 2: Market Demand and Production Capacity - The demand for PCBs is expected to grow due to the modular construction needs of complex systems, with the cabinet PCB orthogonal backplane solution anticipated to accelerate implementation [1] - A new expansion project for high-end printed circuit boards, supporting AI chip production, was initiated in June 2023, with an investment of 4.3 billion yuan and expected to commence production in the second half of 2024 [1] - The Thai production base of Huadian entered small-scale production in Q2 2023, gaining formal recognition from clients in the AI server and switch application fields, with capacity gradually being released [1] Group 3: Investment Rating - The report maintains a "Buy" rating for Huadian Co., Ltd. based on its strong financial performance and growth prospects in the high-end PCB market [1]

格隆汇11月20日丨金禄电子(301282.SZ)在互动平台表示，公司PCB产品有应用于电池管理系统，但不生 产锂电池。 ...