Company Overview - Qinsun Co., Ltd. reported a closing price of 2.28 yuan on July 31, with a decrease of 0.01 yuan, representing a decline of 0.44% from the previous trading day [1] - The trading volume on that day was 207,772 hands, with a transaction amount of 47 million yuan, and a turnover rate of 1.54% [1] - The current total market capitalization of the company is 3.275 billion yuan, while the circulating market value is 3.071 billion yuan [1] Business Operations - Qinsun Co., Ltd. specializes in the research, development, production, and sales of semiconductor lighting products, positioning itself within the optical and optoelectronic industry [1] - The company is registered in Guangdong Province and is involved in smart lamp posts and smart city projects [1] Recent Developments - On the evening of July 31, Qinsun Co., Ltd. announced that its first extraordinary general meeting of shareholders in 2025 approved the proposal regarding the sale of a construction project by its wholly-owned subsidiary [1] - The proposal involves asset disposal, but specific transaction details have not yet been disclosed [1] Market Activity - On July 31, the net outflow of main funds for Qinsun Co., Ltd. was 822,300 yuan, accounting for 0.03% of the circulating market value [1]

Core Viewpoint - The election of the chairman at Sanxiong Aurora Lighting Co., Ltd. has sparked controversy due to differing opinions among board members, reflecting underlying management issues and a significant decline in the company's financial performance in 2024 [2][3][4]. Company Overview - Sanxiong Aurora primarily engages in the research, production, and sales of semiconductor lighting products and related control systems, serving various sectors including commercial, office, industrial, and residential lighting [6]. Chairman Election Controversy - The election featured two candidates: Zhang Yutao, the current chairman, and Zhang Xianqing, the current vice president. Zhang Yutao received 7 votes in favor and 2 against, while Zhang Xianqing's proposal garnered 2 votes in favor, 4 against, and 3 abstentions [3][4]. - Zhang Xianqing criticized Zhang Yutao's management as "chaotic" and claimed it led to declining revenues and profits, with the company experiencing a loss in the first quarter of 2024 [3][4]. Financial Performance - In 2024, Sanxiong Aurora reported a revenue of 2.078 billion yuan, a year-on-year decrease of 11.64%, and a net profit of 48.09 million yuan, down 76.53% [6][7]. - The company experienced a loss of 13.27 million yuan in the fourth quarter of 2024 [6]. Industry Context - The overall demand in the lighting market, both domestically and internationally, has not met expectations, leading to a decline in sales [7]. - The Chinese semiconductor lighting industry is projected to see a market value of approximately 514.2 billion yuan in 2024, reflecting a year-on-year decline of 7.6% [7]. Industry Challenges - The lighting industry is characterized by low concentration, with the largest market share held by a single company being less than 5%. Sanxiong Aurora anticipates that the pressure on companies will remain high, and an increase in industry concentration is expected as smaller firms face greater survival challenges [8]. - The company has undergone significant internal reforms aimed at improving operational efficiency, although it acknowledges that there is still considerable room for improvement compared to industry leaders [8].

证券代码：002638 证券简称：勤上股份 公告编号：2025-008 东莞勤上光电股份有限公司关于为全资子公司提供保证及抵押担保的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导性陈述或重大遗 漏。 一、担保情况概述 （一）本次担保的基本情况 登录新浪财经APP 搜索【信披】查看更多考评等级 因生产经营需要，东莞勤上光电股份有限公司（以下简称"公司"）全资子公司勤上光电股份有限公司 （以下简称"勤上光电"）拟向上海浦东发展银行股份有限公司东莞分行申请综合授信额度人民币（下 同）2亿元（具体授信情况以银行实际审批为准），公司提供连带责任保证并以自身房产为其提供抵押 担保。 以上担保不涉及关联交易，也不存在反担保情形。本次担保事项在公司2023年年度股东大会审议通过的 2024年度对外担保额度内及授权范围内。 （二）审议情况 公司分别于2024年4月18日、2024年5月13日召开第六届董事会第八次会议及2023年年度股东大会，审议 通过了《关于2024年度公司及子公司向银行申请综合授信额度及担保的议案》，同意公司及控股子公司 对公司合并报表范围内的公司向银行申请综合授信事项提 ...