Group 1 - The core point of the article is that Sanfu New Technology (SH 688359) held its 25th meeting of the fourth board on November 24, 2025, to discuss the achievement of the vesting conditions for the first grant of the 2021 restricted stock incentive plan [1] - For the first half of 2025, the revenue composition of Sanfu New Technology is as follows: printed circuit boards account for 64.11%, hardware and bathroom products account for 14.11%, passive components account for 8.54%, electronic communications account for 5.06%, and automotive parts account for 4.25% [1] - As of the report date, the market capitalization of Sanfu New Technology is 7.6 billion yuan [1] Group 2 - The article also mentions that Dapeng Industrial's strategic placement has significantly benefited its insiders, with a subscription price of 9 yuan and a first-day listing price of 118 yuan, resulting in a floating profit of 24.92 million yuan for the actual controller and his brother [1]

Core Viewpoint - Sanfu New Technology announced a share repurchase plan during its board meeting held on September 22, 2025, indicating a strategic move to enhance shareholder value [1] Group 1: Company Financials - For the first half of 2025, Sanfu New Technology's revenue composition was as follows: printed circuit boards accounted for 64.11%, hardware and bathroom products 14.11%, passive components 8.54%, electronic communications 5.06%, and automotive parts 4.25% [1] - As of the report date, the market capitalization of Sanfu New Technology was 6.7 billion yuan [1]