Core Viewpoint - Shenzhen Kinwong Electronics Co., Ltd. has announced the early redemption and delisting of its convertible bond "Jing 23 Convertible Bond" due to the triggering of conditional redemption clauses based on stock price performance [1][2][3] Redemption Details - The last trading day for "Jing 23 Convertible Bond" is September 25, 2025, with only 6 trading days remaining as of September 17, 2025 [2][18] - The last conversion date is September 30, 2025, with 9 trading days remaining as of September 17, 2025 [3][18] - The redemption price is set at 100.515 CNY per bond, which includes accrued interest [10][12] - The redemption date is October 9, 2025, when the bonds will be delisted from the Shanghai Stock Exchange [19][16] Conditions for Redemption - The conditional redemption was triggered as the company's stock price was above 130% of the conversion price for 15 trading days within a 30-day period [5][8] - The company has decided to exercise its right to redeem the bonds early to reduce financial costs and optimize its capital structure [6][8] Investor Guidance - Investors are advised to convert or sell their bonds within the specified time frame to avoid forced redemption [4][21] - The accrued interest calculation for the bonds is based on a 1.0% annual interest rate over 188 days [10][11] Tax Implications - Individual investors are subject to a 20% tax on interest income from the bonds, resulting in a net redemption amount of 100.412 CNY per bond after tax [13][14]

（文章来源：证券日报） 证券日报网讯威尔高9月17日在互动平台回答投资者提问时表示，公司高导热PCB技术可满足应用于液 冷服务器散热需求，公司积极配合客户新技术、新工艺的研发，新产能的释放。 ...

Core Viewpoint - The company has successfully turned a profit and is expanding its production capacity, with a focus on multi-layer boards by the end of 2025 [2] Group 1: Company Performance - The company's factory in Thailand is currently operating at over 80% utilization [2] - The company has achieved a turnaround from loss to profit in its semi-annual performance [2] Group 2: Production Capacity and Future Plans - The company plans to expand its production capacity to 100,000 square meters per month by the end of 2025 [2] - Product offerings will primarily focus on multi-layer boards, with technology upgrades tailored to customer needs [2]

Group 1 - The company, Weirgao (301251), is continuously providing PCB products to leading cloud service providers both domestically and internationally, indicating a stable supply situation [1]

Group 1 - The company Changzhou Aohong Electronics Co., Ltd. signed a maximum guarantee contract with Industrial and Commercial Bank of China for a joint liability guarantee of up to 120 million yuan for its wholly-owned subsidiary Haihong Electronics [1] - The guarantee period is from September 17, 2025, to September 30, 2026 [1] - As of the announcement date, the actual guarantee balance provided by the company for Haihong Electronics is 154 million yuan, which accounts for 8.97% of the company's most recent audited net assets [1] Group 2 - Haihong Electronics is reported to have a good operating condition, with a net profit of 36.13 million yuan for the first half of 2025 [1] - The guarantee was approved by the company's board of directors, indicating that the associated risks are controllable and beneficial for the subsidiary's business development [1]

Group 1 - The company, Chongda Technology, confirmed that Inspur is one of its important server clients, indicating a strong cooperative relationship between the two [2] - Chongda Technology provides server motherboards and other PCB products to Inspur [2]

Core Viewpoint - Pengding Holdings experienced a 2.00% decline in stock price on September 17, 2023, with a current price of 52.91 CNY per share and a total market capitalization of 122.648 billion CNY [1] Financial Performance - For the first half of 2025, Pengding Holdings achieved a revenue of 16.375 billion CNY, representing a year-on-year growth of 24.75%, and a net profit attributable to shareholders of 1.233 billion CNY, up 57.22% year-on-year [2] - The company has distributed a total of 9.725 billion CNY in dividends since its A-share listing, with 5.097 billion CNY distributed over the past three years [3] Stock Market Activity - As of September 17, 2023, the stock has increased by 49.13% year-to-date, with a 2.54% increase over the last five trading days, a 0.71% decrease over the last 20 days, and a 73.02% increase over the last 60 days [1] - The stock has appeared on the "龙虎榜" (a list of stocks with significant trading activity) four times this year, with the most recent appearance on July 30 [1] Shareholder Information - As of June 30, 2025, the number of shareholders increased by 30.88% to 61,500, while the average number of circulating shares per person decreased by 23.59% to 37,502 shares [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited as the third-largest shareholder, holding 47.8062 million shares, a decrease of 847,100 shares from the previous period [3]

Group 1 - The company, Zhongfu Circuit, announced the convening of its first employee representative meeting for 2025 on September 16, 2025 [2] - During the meeting, employee representatives unanimously agreed to elect Mr. Jiang Weimin as the employee representative director for the company's second board of directors [2]

Group 1 - The stock of Aoshikang closed at 42.65 yuan on September 16, with an increase of 0.64% [1] - A significant block trade occurred, totaling 54,500 shares and a transaction amount of 2.17 million yuan, with a discount rate of -6.61% [1] - The buyer was from Caitong Securities Co., Ltd., and the seller was from Tianfeng Securities Co., Ltd. [1] Group 2 - In the last three months, there has been one block trade for this stock, with a total transaction amount of 2.17 million yuan [1] - Over the past five trading days, the stock has increased by 9.50%, while the net outflow of main funds amounted to 27.70 million yuan [1]

Core Viewpoint - The company, 超声电子 (Sonic Electronics), has confirmed its production of printed circuit boards (PCBs) for automotive LiDAR applications, indicating a strong demand in this sector [1]. Group 1: Company Information - 超声电子 has a robust order book for its PCB business, reflecting a healthy operational status [1].