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].

Group 1 - The core viewpoint of the news is that Huadian Co., Ltd. has seen a significant increase in its stock price, rising by 5.05% to 72.42 yuan per share, with a trading volume of 2.479 billion yuan and a market capitalization of 139.335 billion yuan [1] - Huadian Co., Ltd. is located in Kunshan, Jiangsu Province, and was established on April 14, 1992. It was listed on August 18, 2010, and its main business involves the research, development, production, and sales of printed circuit boards (PCBs) [1] - The revenue composition of Huadian Co., Ltd. shows that PCB business accounts for 95.98% of total revenue, while other supplementary businesses contribute 4.02% [1] Group 2 - From the perspective of fund holdings, one fund under Xinghe Fund has a significant position in Huadian Co., Ltd. The Xinghe Advanced Manufacturing Mixed Fund A (018876) held 50,000 shares in the second quarter, unchanged from the previous period, representing 4.34% of the fund's net value and ranking as the fourth-largest holding [2] - The Xinghe Advanced Manufacturing Mixed Fund A (018876) was established on August 8, 2023, with a latest scale of 23.9524 million yuan. It has achieved a return of 50.04% this year, ranking 840 out of 8,174 in its category, and a return of 109.82% over the past year, ranking 344 out of 7,982 [2] - The fund manager of Xinghe Advanced Manufacturing Mixed Fund A is Liang Chenxing, who has been in the position for 2 years and 41 days, with a total asset scale of 55.4064 million yuan. During his tenure, the best fund return was 80.75%, while the worst was 9.97% [2]

Group 1 - The core viewpoint of the news is that Huadian Co., Ltd. has seen a significant increase in its stock price, rising by 5.05% to 72.42 CNY per share, with a total market capitalization of 139.335 billion CNY [1] - Huadian Co., Ltd. is primarily engaged in the research, production, and sales of printed circuit boards (PCBs), with PCB business revenue accounting for 95.98% of its total revenue [1] - The company is located in Kunshan, Jiangsu Province, and was established on April 14, 1992, with its listing date on August 18, 2010 [1] Group 2 - Among the top ten circulating shareholders of Huadian Co., Ltd., Huatai-PB Fund's Huatai-PB CSI 300 ETF (510300) increased its holdings by 2.1167 million shares in the second quarter, now holding 24.0405 million shares, which is 1.25% of the circulating shares [2] - The estimated floating profit from this increase is approximately 83.6611 million CNY [2] - The Huatai-PB CSI 300 ETF has a total scale of 374.704 billion CNY and has achieved a return of 17.68% this year, ranking 2896 out of 4222 in its category [2]

Group 1 - The core viewpoint of the news is that Weigao has shown significant stock performance, with a year-to-date increase of 75.68% and a recent 5-day increase of 13.07% [1] - As of September 16, Weigao's stock price reached 61.06 yuan per share, with a total market capitalization of 8.22 billion yuan [1] - The company has been actively traded, with a net inflow of 4.10 million yuan from main funds and notable trading volumes in large orders [1] Group 2 - Weigao's main business involves the research, production, and sales of printed circuit boards (PCBs), contributing 87.45% to its revenue [1] - For the first half of 2025, Weigao reported a revenue of 715 million yuan, representing a year-on-year growth of 58.71%, and a net profit of 45.20 million yuan, up 18.31% [2] - The company has a growing shareholder base, with the number of shareholders increasing by 13.93% to 18,600 as of August 20 [2] Group 3 - Weigao has distributed a total of 36.08 million yuan in dividends since its A-share listing [3] - As of June 30, 2025, Hong Kong Central Clearing Limited is the fourth largest circulating shareholder, holding 723,900 shares as a new shareholder [3]

Core Viewpoint - The stock market price fluctuations are influenced by various factors including company performance, macroeconomic conditions, capital market development, supply-demand relationships, and investor psychological expectations [1] Group 1: Company Performance - The demand for high-end PCBs, particularly HDI and high-layer boards, has seen significant growth, with a notable increase in orders during the first half of the year [1] - The company is committed to enhancing its production operations and is actively seeking various methods to increase its value [1] Group 2: Market Influences - The company acknowledges that stock market prices are not solely determined by its operational results but are also affected by broader economic and market dynamics [1] - The company will disclose major information in accordance with relevant regulations through designated information disclosure media [1]

Group 1 - The company Si Hui Fu Shi (SZ 300852) announced on September 15 that its 12th board meeting of the third session was held, discussing the proposal to use part of the idle raised funds for cash management [1] - For the first half of 2025, the company's revenue composition was 93.96% from printed circuit boards and 6.04% from other businesses [1] - As of the report date, Si Hui Fu Shi's market capitalization was 6.5 billion yuan [1]

Group 1 - Yihau New Materials plans to reduce its shareholding by up to 1% of the company's total shares, amounting to 165,500 shares, due to personal funding needs [1] - Fuxing Pharmaceutical's subsidiary has received approval for a new indication for its drug, which is used in the treatment of certain types of breast cancer [1][2] - Shantui Co. has submitted its H-share issuance application to the China Securities Regulatory Commission, which has been accepted [3] Group 2 - Sierte's chairman plans to increase his shareholding by an amount between 3 million to 6 million yuan [4] - Borui Pharmaceutical's BGM0504 tablet has received approval for clinical trials in overweight and obese adults [5] - Ganyue Expressway reported vehicle toll service revenue of 349 million yuan for August [6] Group 3 - Chip Microelectronics has submitted its H-share issuance application to the China Securities Regulatory Commission, which has been accepted [7] - Lingrui Pharmaceutical's director plans to reduce his shareholding by up to 200,000 shares, representing 0.0353% of the total shares [8] - Jiahu Energy has adjusted its share repurchase price limit to 11.63 yuan per share [10] Group 4 - Spring Airlines reported a year-on-year increase of 12.23% in passenger turnover for August [11] - Kaida has received an invention patent for a self-calibrating sensor technology [12] - Chuanheng Co. has obtained a new utility model patent aimed at improving industrial waste utilization [14] Group 5 - Huashi Technology received a government subsidy of 2.21 million yuan, accounting for 22.71% of its latest audited net profit [15] - Shanghai Pharmaceuticals' controlling shareholder plans to increase its H-share holdings by up to 74 million shares [16] - Hongrun Construction has won a bid for a significant segment of the Shanghai Metro Line 21 project, valued at 126 million yuan [18] Group 6 - Sanfangxiang plans to invest 100 million yuan to establish a wholly-owned subsidiary focused on green technology [19] - Lao Fengxiang's subsidiaries plan to jointly invest in luxury goods sales and gold refining companies [20][21] - China Eastern Airlines reported an 8.72% year-on-year increase in passenger turnover for August [22] Group 7 - Inner Mongolia First Machinery has signed a railway freight car procurement contract worth 186 million yuan [22] - Jiuqiang Bio has received five invention patents related to diagnostic reagents [24] - Longmag Technology plans to invest 210 million yuan in its second phase project in Vietnam [25] Group 8 - Galaxy Magnetics plans to acquire 100% equity of Kyoto Longtai, with its stock suspended for trading [26] - Jinlong Co.'s controlling shareholder will have 30 million shares auctioned [27] - Haishi Co.'s controlling shareholder has released the pledge on 29.97 million shares [28] Group 9 - Qiu Tianwei plans to reduce its shareholding by up to 1.17% of the total shares [29] - Xiaocheng Technology's directors plan to reduce their shareholding by a total of 0.08% [30] - Victory Co. reported that Sunshine Life Insurance has reduced its shareholding by 4.4 million shares [31] Group 10 - Xindong Technology plans to distribute a cash dividend of 0.156 yuan per share [32] - Huaqin Technology plans to distribute a cash dividend of 0.13 yuan per share [33] - Kexing Pharmaceutical's controlling shareholder intends to transfer 5% of the company's shares [35] Group 11 - Guojin Securities has completed the repayment of its second short-term financing bond for 1.0205 billion yuan [38] - Chunhui Intelligent Control's application for asset acquisition has been accepted by the Shenzhen Stock Exchange [39] - Chaohongji has submitted its H-share issuance application to the Hong Kong Stock Exchange [40] Group 12 - Tianyue Advanced has fully exercised its over-allotment option, involving 716,180 H-shares [40] - Chengfeng Technology's vice president has resigned due to internal adjustments [41] - Yingpais plans to establish a 100 million yuan technology sports industry investment fund [43]

Group 1 - The core viewpoint of the news is that Zhongfu Circuit has experienced a significant stock price increase, with a 5.17% rise on September 15, reaching 50.83 CNY per share, and a total market capitalization of 9.73 billion CNY [1] - Zhongfu Circuit's stock has risen for three consecutive days, with a cumulative increase of 23.92% during this period [1] - The company, established on March 12, 2004, specializes in the research, production, and sales of printed circuit boards, with 89.34% of its revenue coming from this main business [1] Group 2 - Among the top circulating shareholders of Zhongfu Circuit, E Fund's Emerging Growth Mixed Fund (000404) has entered the top ten, holding 1.761 million shares, which is 0.92% of the circulating shares [2] - The fund has gained approximately 4.4024 million CNY in floating profit today and 16.4297 million CNY during the three-day increase [2] - E Fund's Emerging Growth Mixed Fund has achieved a year-to-date return of 65.81% and a one-year return of 97.5%, ranking 369 out of 8246 and 531 out of 8054 respectively [2]

Group 1 - Dashi Intelligent signed a contract worth 23.86 million yuan for the Xiaomi Wuhan Phase II smart project, providing a comprehensive smart space solution [1] - ST Tian Sheng's subsidiary passed the consistency evaluation for sodium bicarbonate injection, used for treating metabolic acidosis and certain drug poisonings [1] - Yongyue Technology's actual controller Chen Xiang was released on bail due to allegations of information disclosure violations, while the company's operations remain normal [2] Group 2 - Jushen Co. experienced a stock price fluctuation with a cumulative increase of over 20% over three trading days, while also planning to reduce repurchased shares [2][3] - Shanghai Airport reported a 6.9% year-on-year increase in passenger throughput at Pudong International Airport, totaling 7.9471 million passengers in August [3][4] - Jianlong Micro-Nano announced plans for shareholders to reduce up to 3% of company shares due to fund expiration and exit arrangements [5][6] Group 3 - Yunyong Technology's shareholders plan to reduce up to 2.99% of company shares due to personal funding needs [6] - Zitian Tui's stock entered a delisting arrangement period, expected to last 15 trading days [7] - Pruis's shareholders plan to reduce up to 3% of company shares for personal funding needs [9] Group 4 - Dayilong's shareholders plan to reduce up to 3% of company shares for personal financial arrangements [10] - Yihua New Materials' shareholders plan to reduce up to 1% of company shares for personal funding needs [12] - Huibo Yuntong's controlling shareholder's affiliates plan to acquire a controlling stake in Baode Computer [13] Group 5 - Wanda Information's shareholders plan to reduce up to 3% of company shares for operational needs [14] - Jiafa Education's shareholders plan to reduce up to 3% of company shares for personal funding needs [15] - Guangkang Biochemical's shareholders plan to reduce up to 1.8% of company shares for personal funding needs [16] Group 6 - Yingxin Development's shareholders plan to reduce up to 0.67% of company shares due to bankruptcy asset disposal [18] - Weiye Co.'s shareholders plan to reduce a total of up to 2% of company shares [19] - Kelin Electric plans to raise up to 1.5 billion yuan through a private placement to supplement working capital [20]

Company Overview - Shengyi Technology Co., Ltd. is located in Dongguan, Guangdong Province, established on June 27, 1985, and listed on October 28, 1998. The company specializes in the design, production, and sales of copper-clad laminates, bonding sheets, printed circuit boards, ceramic electronic components, LCD products, electronic-grade glass cloth, epoxy resin, copper foil, flexible electronic materials, display materials, packaging materials, and insulation materials [2][3] - The main business revenue composition includes: copper-clad laminates and bonding sheets (65.96%), printed circuit boards (28.63%), waste resource comprehensive utilization (3.37%), and others (2.04%) [2] Financial Performance - For the first half of 2025, Shengyi Technology achieved operating revenue of 12.68 billion yuan, a year-on-year increase of 31.68%, and a net profit attributable to the parent company of 1.43 billion yuan, a year-on-year increase of 52.98% [2] - The company has cumulatively distributed cash dividends of 11.939 billion yuan since its A-share listing, with 3.575 billion yuan distributed in the last three years [3] Stock Market Activity - On September 15, Shengyi Technology's stock price increased by 2.03%, reaching 54.22 yuan per share, with a trading volume of 1.367 billion yuan and a turnover rate of 1.08%, resulting in a total market capitalization of 131.715 billion yuan [1] - The stock has risen 131.22% year-to-date, with a 16.48% increase over the last five trading days, 21.32% over the last 20 days, and 88.46% over the last 60 days [1] - The company has appeared on the "Dragon and Tiger List" twice this year, with the most recent appearance on March 19, where it recorded a net buy of -548 million yuan [1] Shareholder Structure - As of June 30, 2025, the number of shareholders of Shengyi Technology was 75,100, a decrease of 14.25% from the previous period, with an average of 31,561 circulating shares per person, an increase of 16.61% [2] - Major shareholders include Hong Kong Central Clearing Limited, holding 166.7 million shares, and various ETFs such as Huatai-PB CSI 300 ETF, E Fund CSI 300 ETF, and others, with some increasing their holdings [3]