公司4日晚间发布提示称，经自查，公司目前日常生产经营活动正常，内外部经营环境未发生重大变 化。公司未发现对公司股票交易价格产生重大影响的媒体报道。公司主营业务为印制电路板（PCB）的 研发、生产和销售及印制电路板的表面贴装（SMT），公司产品包括刚性电路板、柔性电路板、刚柔 结合板、高密度互联电路板和PCBA，应用领域较为广泛。公司生产的PCB产品可用于人形机器人，但 相关产品占公司营业收入比重很小，占公司营业收入比重低于0.05%，不会对公司当期业绩产生重大影 响。 骏亚科技(603386) 5日再度涨停，截至发稿，该股报16.65元/股，涨停板上封单超10万手。至此，该股已 连续3个交易日涨停。 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：603386 证券简称：骏亚科技 公告编号：2025-043 广东骏亚电子科技股份有限公司 股票交易异常波动公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示： ● 广东骏亚电子科技股份有限公司（以下简称"公司"）股票于2025年12月2日、12月3日、12月4日连续 三个交易日内日收盘价格涨幅偏离值累计达到20%，根据《上海证券交易所交易规则》的有关规定，属 于股票交易异常波动。 ● 经公司自查并向控股股东、实际控制人核实，截至本公告披露日，公司、控股股东及实际控制人不存 在应披露而未披露的重大事项。 ● 公司敬请广大投资者注意二级市场交易风险，理性决策，审慎投资。 一、本股票交易异常波动的具体情况 公司股票于2025年12月2日、12月3日、12月4日连续三个交易日内日收盘价格涨幅偏离值累计达到 20%，根据《上海证券交易所交易规则》的有关规定，属于股票交易异常波动情形。 二、公司关注并核实的相关情况 经公司核实，公司董事、高级管理人员、控股股东及 ...

智通财经APP讯，骏亚科技(603386.SH)发布股价异动公告称，经公司自查，未发现对公司股票交易价 格产生重大影响的媒体报道。公司主营业务为印制电路板(PCB)的研发、生产和销售及印制电路板的表 面贴装(SMT)，公司产品包括刚性电路板、柔性电路板、刚柔结合板、高密度互联电路板和PCBA，应 用领域较为广泛，具体情况详见公司披露的定期报告。公司生产的PCB产品可用于人形机器人，但相关 产品占公司营业收入比重很小，占公司营业收入比重低于0.05%，不会对公司当期业绩产生重大影响。 ...

格隆汇12月4日丨骏亚科技(603386.SH)公布股票交易异常波动公告，经公司自查，未发现对公司股票交 易价格产生重大影响的媒体报道。公司主营业务为印制电路板（PCB）的研发、生产和销售及印制电路 板的表面贴装（SMT），公司产品包括刚性电路板、柔性电路板、刚柔结合板、高密度互联电路板和 PCBA，应用领域较为广泛，具体情况详见公司披露的定期报告。公司生产的PCB产品可用于人形机器 人，但相关产品占公司营业收入比重很小，占公司营业收入比重低于0.05%，不会对公司当期业绩产生 重大影响。 ...

Core Viewpoint - Hongban Technology has received approval from the China Securities Regulatory Commission for its initial public offering (IPO) and plans to list on the Shanghai Stock Exchange, focusing on its PCB business while facing challenges due to high dependence on the consumer electronics sector and low profitability in recent years [1][11]. Group 1: Business Overview - Hongban Technology specializes in the research, production, and sales of printed circuit boards (PCBs), with major products including HDI boards, rigid boards, flexible boards, rigid-flex boards, IC substrates, and similar substrates [1][11]. - The revenue contribution from various product categories in the first half of 2025 is projected to be 61% from HDI boards, 17% from rigid boards, 8% from flexible boards, 6% from rigid-flex boards, and 2% from IC substrates [1][11]. Group 2: Market Position and Client Dependency - Hongban Technology is a key supplier of HDI boards to eight of the top ten global smartphone brands, including OPPO, vivo, and Huawei, which indicates a strong market position but also a high dependency on major clients [2][12]. - The revenue from the consumer electronics sector has consistently accounted for 53%-57% of total revenue, with increasing reliance on major clients like OPPO and Dongguan Xinnengde, whose sales accounted for 10.42% and 8.72% of revenue in 2024, respectively [2][13]. Group 3: Financial Performance and Profitability - The company's gross margin has been volatile, with a decline of 1.26 percentage points to 15.86% in 2023, but is expected to improve to 19% in 2024 due to a higher proportion of HDI business, and further increase to 25.93% in the first half of 2025 as product prices recover [5][17]. - Hongban Technology's gross margin has consistently been 1-4 percentage points lower than the industry average from 2022 to 2024, indicating challenges in achieving competitive profitability [6][18]. Group 4: Capacity Utilization and Industry Comparison - The company's capacity utilization rates have remained below full capacity, recorded at 71.96%, 85.01%, 88.51%, and 88.63% over the past years, suggesting either limited demand for its products or inefficiencies in production [9][21]. - Hongban Technology's revenue scale is significantly smaller than comparable companies, with the average revenue of peer companies being 4 times higher, which limits its ability to leverage economies of scale [8][19]. Group 5: Accounts Receivable Management - The company has a higher proportion of accounts receivable provisions compared to peers, with a consistent 5% provision rate, indicating a potentially lenient accounts receivable management policy [10][22]. - The growth rate of accounts receivable has outpaced revenue growth, raising concerns about the company's credit management and the quality of its customer base [10][22].

Core Viewpoint - The IPO application of Xinqiang Electronics (Qingyuan) Co., Ltd. has been terminated as the company and its sponsor withdrew the application, according to the Shenzhen Stock Exchange [1][2]. Company Overview - Xinqiang Electronics was established in August 2005 and is located in Qingyuan, Guangdong. The company specializes in the research, production, and sales of printed circuit boards (PCBs), focusing on the mid-to-high-end market, particularly high-end PCBs with eight layers or more [3]. - The average price of the company's products exceeds 2000 yuan per square meter, placing it in the top tier of the industry. The company has a strong reputation and brand advantage in the storage and communication sectors [3]. Financial Performance - The company's revenue from PCB products in the storage sector accounts for approximately 60% to 70% of its total revenue. In 2024, the company is expected to hold a market share of about 12.57% in the global memory module PCB market and 2.57% in the global SSD PCB market [4]. - The company's operating revenues for the years 2022 to 2024 are projected to be 868.73 million yuan, 1 billion yuan, and 998.91 million yuan, respectively. The net profits attributable to the parent company for the same period are expected to be 84.98 million yuan, 131.95 million yuan, and 167.92 million yuan [4]. Financial Metrics - As of December 31, 2024, the total assets of the company are projected to be 1.11 billion yuan, with equity attributable to the parent company at 837.13 million yuan. The asset-liability ratio is expected to be 24.97% [5]. - The company plans to raise 9.62 billion yuan for the "High-Density Interconnection PCB Expansion Project" [6].

Core Viewpoint - Xinqiang Electronics (Qingyuan) Co., Ltd. has had its IPO review status on the Shenzhen Stock Exchange's Growth Enterprise Market changed to "terminated" due to the withdrawal of its listing application by the company and its sponsor [1] Group 1: Company Overview - The company specializes in the research, production, and sales of printed circuit boards (PCBs), focusing on the mid-to-high-end market with products priced over 2,000 RMB per square meter [1] - Xinqiang Electronics has maintained a consistent focus on high-end PCB products, including rigid boards, HDI boards, flexible boards, and rigid-flex boards, enhancing its market competitiveness through a diverse product range [1][3] Group 2: Market Position and Product Applications - The company's PCB products are widely used in storage, communications, and consumer electronics, with approximately 60%-70% of revenue coming from the storage sector [2] - In 2024, the company is projected to hold a market share of about 12.57% in the global memory module PCB sector and approximately 2.57% in the global SSD PCB sector [2] Group 3: Technical Capabilities - The company has developed capabilities for mass production of 800G and 1.6T optical module boards, which require high reliability, stability, and low loss rates [2] - The technical specifications for the 1.6T optical module board include a line width of 1.8mil/1.8mil and an impedance tolerance of ±3%, indicating a high level of technical difficulty [2] Group 4: Financial Performance - The company reported revenues of approximately 869 million RMB, 1 billion RMB, and 999 million RMB for the years 2022, 2023, and 2024, respectively, with net profits of approximately 86 million RMB, 131 million RMB, and 167 million RMB during the same periods [3] - As of December 31, 2024, the total assets amounted to approximately 1.11 billion RMB, with equity attributable to the parent company at around 837 million RMB and a debt-to-asset ratio of 24.97% [4]

Core Viewpoint - The China Securities Regulatory Commission has approved Jiangxi Hongban Technology Co., Ltd.'s application for an initial public offering (IPO) on the Shanghai Stock Exchange, with a fundraising target of 2.057 billion yuan [1]. Company Overview - Jiangxi Hongban Technology focuses on the research, development, production, and sales of printed circuit boards (PCBs), targeting the mid-to-high-end application market [5]. - The company is recognized for its high precision, high density, and high reliability in PCB manufacturing, particularly in the production of HDI boards and IC substrates [5]. - The product portfolio includes HDI boards, rigid boards, flexible boards, rigid-flex boards, substrate-like boards, and IC substrates, showcasing comprehensive technical research and production capabilities [5]. Market Position - Jiangxi Hongban Technology has established a significant competitive advantage and market position in the consumer electronics and automotive electronics sectors [5]. - The company's products are widely used in various fields, including consumer electronics, automotive electronics, high-end displays, and communication electronics [5].

Core Viewpoint - Hongban Technology has successfully passed the IPO review by the Shanghai Stock Exchange, focusing on the research, production, and sales of printed circuit boards (PCBs) with a strong market position in high-end applications [1][4]. Group 1: Company Overview - Hongban Technology specializes in the R&D, production, and sales of printed circuit boards, particularly in the high-precision, high-density, and high-reliability segments [4]. - The company offers a comprehensive product range including HDI boards, rigid boards, flexible boards, rigid-flex boards, and IC carriers, catering to diverse customer needs [4]. - Hongban Technology's products are widely used in consumer electronics, automotive electronics, high-end displays, and communication electronics, demonstrating significant competitive advantages in the consumer and automotive electronics sectors [4]. Group 2: Market Position and Performance - The company holds a leading position in the mobile phone HDI board and battery board sectors in China, ranking 35th in the 2024 PCB industry comprehensive top 100 enterprises by the China Electronic Circuit Industry Association (CPCA) and 58th in the global top 100 PCB companies by Prismark [5]. - From 2022 to the first half of 2025, Hongban Technology's revenue figures were 2.205 billion, 2.34 billion, 2.702 billion, and 1.71 billion yuan, with net profits of 120 million, 87.0381 million, 194 million, and 233 million yuan respectively, indicating a growth trend in both revenue and profit [5]. Group 3: Future Plans - The company plans to raise 2.057 billion yuan through its IPO to invest in a project aimed at producing 1.2 million square meters of high-precision circuit boards annually, which will enhance its HDI board production capacity and technical capabilities [6].

Core Viewpoint - Hongban Technology Co., Ltd. is set to raise 2.057 billion RMB through its IPO on the Shanghai Stock Exchange, focusing on the R&D, production, and sales of printed circuit boards, particularly in the mid-to-high-end application market [1] Group 1: Company Overview - Hongban Technology specializes in high-precision, high-density, and high-reliability printed circuit boards, with a significant market share in HDI boards and the ability to mass-produce various interconnect HDI boards and IC substrates [1] - The company's product range includes HDI boards, rigid boards, flexible boards, rigid-flex boards, substrate-like boards, and IC substrates, which are widely used in consumer electronics, automotive electronics, high-end displays, and communication electronics [1] - The company holds a high market share in mobile phone HDI boards and battery boards, supplying 154 million mobile phone HDI boards and 228 million flexible and rigid-flex battery boards to the top ten global mobile phone brands in 2024 [1] Group 2: Financial Information - Projected revenues for Hongban Technology are approximately 2.205 billion RMB, 2.34 billion RMB, 2.702 billion RMB, and 1.71 billion RMB for the years 2022, 2023, 2024, and the first half of 2025, respectively [2] - The net profits for the same periods are estimated to be around 141 million RMB, 105 million RMB, 214 million RMB, and 240 million RMB [2] Group 3: Fundraising and Investment Projects - The funds raised from the IPO will be allocated to projects including the annual production of 1.2 million square meters of high-precision circuit boards, with a total investment of approximately 219.24 million RMB [2] - The project has received the necessary approvals and environmental assessments for implementation [2]