Core Viewpoint - Richardson Electronics, Ltd. will present at the Southwest IDEAS Investor Conference on November 19, 2025, highlighting its engineered solutions in green energy and power management [1] Company Overview - Richardson Electronics, Ltd. is a global manufacturer specializing in engineered solutions, green energy products, power grid and microwave tubes, and related consumables [2] - The company serves various markets including alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor [3] - More than 55% of the company's products are manufactured in LaFox, Illinois, Marlborough, Massachusetts, or Donaueschingen, Germany, adhering to strict specifications and Supplier Code of Conduct [3] Conference Details - The presentation will be led by Edward J. Richardson, Chairman and CEO, and Wendy Diddell, COO, at 2:40 P.M. ET / 1:40 P.M. CT [1] - The event will be webcast live and accessible through the conference host's website and the investor relations section of the company's website [1] IDEAS Investor Conferences - IDEAS Investor Conferences aim to provide independent venues for quality companies to present to investment professionals, with sponsors managing over $200 billion in assets [5] - The conferences are produced by Three Part Advisors, LLC, and additional information can be found on their website [6]

Core Viewpoint - Nortech Systems Incorporated will hold a live conference call on November 13, 2025, to discuss its third quarter 2025 financial results, hosted by the CEO and CFO [1] Company Overview - Nortech Systems Incorporated is a leading provider of design and manufacturing solutions for complex electromedical devices and electromechanical systems, primarily serving the medical device, medical imaging, aerospace & defense, and industrial markets [2] - The company's design services cover the entire process from concept development to commercial design, including various engineering disciplines such as medical device, software, electrical, mechanical, and biomedical engineering [2] - Nortech's manufacturing capabilities are vertically integrated, focusing on wire/cable/interconnect assemblies, printed circuit board assemblies, and system-level assembly, integration, and final testing [2] - The company is headquartered in Maple Grove, MN, and operates six manufacturing locations and design centers across the U.S., Latin America, and Asia [2] - Nortech Systems is publicly traded on the NASDAQ under the symbol NSYS [2]

Group 1: Technology Sector Developments - Google has successfully cleared a significant regulatory hurdle with the U.S. Department of Justice regarding its proposed $32 billion acquisition of Wiz Inc., which aims to enhance its cloud security offerings [2] - Hon Hai Precision Industry reported an 11.3% increase in October sales, indicating strong demand in the technology manufacturing sector, particularly for AI infrastructure components [5] Group 2: Pharmaceutical Sector Insights - Novo Nordisk's CEO has not commented on rumors of a potential deal with the White House to reduce prices for GLP-1 drugs, which could drop to $150 per month from over $1,000, reflecting ongoing political and public pressure on drug affordability [4] Group 3: Economic Indicators in Europe - France's industrial production rose by 0.8% month-over-month and 1.3% year-over-year in October, significantly exceeding forecasts and indicating a healthier start to the fourth quarter for the French industry [3] - Sweden's services sector experienced a decline in October, with the PMI Services index falling to 55.4 from 57.9, suggesting a moderation in growth despite remaining above the expansion threshold [6]

Core Viewpoint - The company has successfully commercialized its embedded resistor and capacitor boards, which are now applied in various fields such as communication equipment, industrial control, and medical instruments [1] Company Layout in Embedded Components - The company’s subsidiary, Puno Wei, focuses on the research and production of IC substrates and embedded component packaging boards [1] - Puno Wei possesses core technologies including planar embedded resistors and capacitors, as well as three-dimensional embedded devices [1] - The products are widely used in consumer electronics, automotive electronics, and communications sectors [1]

Company Participation - CTS Corporation will participate in the 17th Annual Southwest IDEAS Conference on November 20, 2025, at The Westin Las Colinas in Dallas, TX [1] - The presentation by CTS is scheduled to begin at 4:00 PM Central Time [1] Webcast Information - A live webcast of the event can be accessed through a provided link or from the Investors section of the CTS Corporation website [2] - The webcast will be available for replay on the conference website for one year following the presentation [2] Company Overview - CTS Corporation is a leading designer and manufacturer of products that Sense, Connect, and Move [3] - The company manufactures sensors, actuators, and electronic components in North America, Europe, and Asia, serving markets such as aerospace/defense, industrial, medical, and transportation [3]

Core Insights - TTM Technologies, Inc. announced that two team members received prestigious awards from the Global Electronics Association for their contributions to the electronics manufacturing sector [1][2]. Group 1: Awards and Recognition - Meising Ho, Vice President of Commercial Technology, received the IPC ASSC Outstanding Service Award [2]. - Richard Xie, Vice President of Human Resources, Asia Pacific, was awarded the IPC AESC Outstanding Service Award [2]. - These awards recognize significant contributions to advancing industry standards and education in the electronics manufacturing sector across Asia [2]. Group 2: Company Commitment - Doug Soder, Executive Vice President and President of the Commercial Sector, expressed pride in the honorees, highlighting their dedication as a reflection of TTM's commitment to leadership and excellence in the electronics industry [3]. - The recognition of these individuals underscores TTM's ongoing commitment to shaping the future of the electronics industry [3]. Group 3: Event Information - The IPC CEMAC is an annual gathering of electronic industry professionals for knowledge-sharing and discussions on industry trends [3].

Core Viewpoint - Bel Fuse Inc. is actively engaging with investors through a series of conferences scheduled for November 2025, showcasing its commitment to transparency and investor relations [1][2]. Group 1: Investor Conference Schedule - Bel Fuse Inc. will participate in the Baird 55 Annual Global Industrial Conference on November 12, 2025, with a presentation at 4:30 ET [1]. - The company will also attend the Raymond James Napa Valley Small Cap Symposium on November 17, 2025, and the Wells Fargo 9 Annual TMT Summit on November 18, 2025, with meetings scheduled throughout both days [2]. Group 2: Company Overview - Bel Fuse Inc. designs, manufactures, and markets a wide range of products that power, protect, and connect electronic circuits, serving various industries including networking, telecommunications, computing, military, aerospace, medical, transportation, and broadcasting [3]. - The company's product groups include Power Solutions and Protection, Connectivity Solutions, and Magnetic Solutions, with operations in facilities around the world [3]. Group 3: Contact Information - Investor relations can be directed to Lynn Hutkin, CFO, via email at ir@belf.com, or through Three Part Advisors, with contacts Jean Marie Young and Steven Hooser available for inquiries [4].

天眼查App显示，近日，陕西电子信息集团有限公司发生工商变更，注册资本由约24.8亿人民币增至约 29.8亿人民币，增幅约20%，同时，多位主要人员均发生变更。该公司成立于2007年2月，法定代表人 为燕林豹，经营范围含雷达及配套设备制造、通信设备制造、导航终端制造、计算机软硬件及外围设备 制造、软件开发、电子专用设备制造、电子元器件制造、半导体照明器件制造等，由长安汇通集团有限 责任公司、陕西省人民政府国有资产监督管理委员会共同持股。 ...

Core Insights - Bel Fuse Inc. reported strong preliminary financial results for Q3 2025, with net sales of $179.0 million, a 44.8% increase from $123.6 million in Q3 2024, and a gross profit margin of 39.7%, up from 36.1% in the same period last year [7][22]. Financial Performance - Net sales for Q3 2025 reached $179.0 million, compared to $123.6 million in Q3 2024, reflecting a growth of 44.8% [7]. - Gross profit margin improved to 39.7% in Q3 2025 from 36.1% in Q3 2024, indicating effective cost management and higher sales volumes [7][22]. - GAAP net earnings attributable to Bel shareholders were $22.3 million in Q3 2025, significantly higher than $8.1 million in Q3 2024 [7]. - Adjusted EBITDA for Q3 2025 was $39.2 million, representing 21.9% of sales, compared to $21.5 million or 17.4% of sales in Q3 2024 [7][23]. Business Segments - The Power Solutions and Protection segment saw sales of $94.4 million in Q3 2025, a 93.9% increase from $48.7 million in Q3 2024, with a gross margin of 41.8% [21][22]. - Connectivity Solutions generated $61.9 million in sales, an 11.0% increase from $55.7 million in Q3 2024, with a gross margin of 40.3% [21][22]. - Magnetic Solutions reported sales of $22.7 million, up 18.0% from $19.2 million in Q3 2024, with a gross margin of 29.0% [21][22]. Future Outlook - For Q4 2025, the company estimates net sales between $165 million and $180 million, with gross margins expected to remain healthy in the range of 37% to 39% [3][2]. - The company emphasizes strong internal collaboration and a focus on growth and new opportunities as it moves forward [3].

Financial Data and Key Metrics Changes - Organic sales grew by 5% in Q3 2025, with adjusted EBITDA reaching a record $147 million, exceeding initial guidance of $140 million to $145 million [20][30] - Adjusted EBITDA growth would have been 10% when excluding the graphics business divestiture [20] - Adjusted EBITDA margin improved by approximately 20 basis points year over year in constant currency terms, with a margin of 28% when excluding the impact of pass-through metal sales [24][29] Business Line Data and Key Metrics Changes - The electronics segment achieved 7% organic growth, driven by strong performance in semi and assembly, and exceptional volume growth in circuitry solutions [20][23] - Circuitry solutions sales grew 13% organically, supported by demand for data center applications and mobile phone activity [25] - Industrial and specialty organic net sales were flat year over year, but underlying chemistry volumes for the industrial solutions vertical were up mid-single digits [26] Market Data and Key Metrics Changes - The electronics business is projected to exceed $2 billion in revenue following the acquisition of Micromax, which is expected to contribute approximately $40 million of adjusted EBITDA on a full-year basis [17][18] - The offshore business continues to grow, driven by stable energy prices and drilling activity, although a slowdown in drilling activity is anticipated into 2026 [72] Company Strategy and Development Direction - The acquisition of Micromax is seen as a strategic move to enhance the electronics portfolio and is expected to be more than 5% accretive to adjusted EPS [18][19] - The company is focused on disciplined investment in markets it understands and growth businesses that are better under its ownership [18] - Future growth levers include new product introductions in high-value categories and substantial remaining balance sheet capacity for further investments [19] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, expecting full-year 2025 adjusted EBITDA to be between $545 million and $550 million, indicating a positive outlook despite market volatility [30] - The company anticipates continued robust demand in leading-edge electronics driven by high-performance computing and data centers [32] - Management noted that while EV volumes are expected to decline, there are substantial customer wins and growth opportunities in power electronics [74] Other Important Information - The company generated $84 million of adjusted free cash flow in Q3 2025, with a net leverage ratio of 1.9 times at the end of the quarter [27][28] - The Micromax transaction is expected to be funded with a combination of cash on hand and modest incremental debt, maintaining financial flexibility for future opportunities [28] Q&A Session Summary Question: Thoughts on Micromax's performance under Element Solutions - Management is excited about Micromax's integration, expecting it to outperform the market due to enhanced connectivity in the supply chain and modest cost synergies [37][38] Question: Update on Kouprion commercialization activities - The mid-scale site for Kouprion is on track to be operational by year-end, with meaningful sales and profits expected next year [40][41] Question: Growth stability of Micromax - Micromax's growth has been stable, with a strong product portfolio that is sticky and specialized for demanding applications [46] Question: Capital flexibility and leverage considerations - The company maintains a long-term target ceiling for leverage at 3.5 times, with plenty of capacity for incremental capital deployment [47] Question: Sustainability of offshore business strength - The offshore business is expected to sustain growth, driven by stable energy prices and ongoing drilling activity [72] Question: Margin performance in industrial solutions - There is potential for further margin expansion in the industrial business as volume growth recovers [68]