Group 1 - The core viewpoint of the news is that Guangzhou Silin Jie Technology Co., Ltd. has shown a stock price increase of 1.06%, reaching 65.11 CNY per share, with a total market capitalization of 4.341 billion CNY as of December 31 [1] - The company, established on April 21, 2005, specializes in the design, research and development, production, and sales of embedded intelligent instrument modules and other industrial automation testing products [1] - The revenue composition of the company includes embedded intelligent instrument modules (53.28%), automated production testing equipment (28.36%), other products (11.22%), machine vision products (6.75%), and supplementary items (0.38%) [1] Group 2 - According to data from the top ten holdings of funds, Everbright Pramerica Fund holds shares in Silin Jie, with the Everbright Pramerica Chengxin Mixed A Fund (003115) owning 2,981 shares, accounting for 1.04% of the fund's net value, ranking as the ninth largest holding [2] - The Everbright Pramerica Chengxin Mixed A Fund has achieved a year-to-date return of 49.57%, ranking 1240 out of 8085 in its category, and a one-year return of 46.24%, ranking 1303 out of 8085 [2] - The fund manager, Zhu Jiantao, has been in position for 1 year and 240 days, with the fund's total asset size at 1.851 billion CNY and a best return of 54.15% during his tenure [3]

协同效应：技术互补与市场拓展双轮驱动 产业链上下游协同 公告披露，双方在电子核心产业链中形成互补：标的公司作为上游硬件设计企业，硬件能力突出，上市 公司则以软件算法见长，累计拥有51项信号采集与控制类软件著作权。上市公司的FOC算法、PID算法 可优化标的公司硬件性能，标的公司的高可靠性设计经验则能拓展上市公司产品军工应用场景。 登录新浪财经APP 搜索【信披】查看更多考评等级 广州思林杰科技股份有限公司（以下简称"思林杰"）近日发布《发行股份及支付现金购买资产并募集配 套资金暨关联交易申请的审核问询函之回复》，就上海证券交易所关于收购军工领域标的公司的问询事 项进行详细说明。公告显示，本次交易拟收购标的公司71%股权，交易作价13.14亿元，旨在通过产业 链整合实现军用与民用技术协同，拓展军工市场并提升上市公司核心竞争力。 交易背景与标的资产概况 根据回复函，思林杰主营工业自动化检测领域的嵌入式智能仪器模块，标的公司则专注于军工高可靠微 电路模块研发，产品覆盖电机驱动器、信号控制器等，应用于弹载、机载、舰载等特种领域。双方在技 术底层存在高度协同，均基于信号采集、电源设计、数字信号处理等核心技术，且产品形态 ...

Core Insights - The article highlights the successful launch of the embedded intelligent instrument module expansion project by Slinjet Technology in Guangzhou, marking a significant advancement in the company's R&D, production, and operational capabilities in this field [3][5]. Company Overview - Slinjet Technology, established in 2005, has positioned itself as a benchmark enterprise in the industrial automation testing sector, focusing on modular detection technology to innovate traditional industrial testing solutions [5][6]. - The company became the first in Panyu to be listed on the Sci-Tech Innovation Board in 2022 and has received accolades such as the national-level "specialized and innovative" small giant enterprise and "invisible champion" in Guangzhou [5]. Expansion and Production Capacity - The newly launched headquarters integrates R&D, production, administration, and cleanroom facilities, with a projected annual production capacity of 300,000 embedded intelligent instrument modules and an expected annual output value exceeding 300 million yuan [2][5]. Technological Advancements - Slinjet Technology has developed a competitive hardware architecture combining controller modules and functional modules, along with a software-hardware collaborative technology system. Their modular detection solutions enhance testing efficiency by 6 to 40 times compared to traditional instruments, while costs are reduced to 1/15 to 1/3 of traditional methods [6]. Market Position and Clientele - The company serves major global clients, including Apple, Meta, VIVO, and BGI, with applications spanning consumer electronics, semiconductors, biomedicine, and new energy sectors [6]. - Post-expansion, the company aims to focus on core technologies such as FPGA+SoC architecture and multi-channel synchronous acquisition, committing over 20% of revenue to R&D to accelerate growth in emerging sectors like semiconductor testing and biotechnology [6].

Core Insights - The production launch of the embedded intelligent instrument module expansion project by Guangzhou Silin Jie Technology Co., Ltd. marks a significant leap in its R&D, production, and operational capabilities in the embedded intelligent instrument module sector, addressing market demand and enhancing technological strength [1][2] Capacity Enhancement - The new base in Panyu is equipped with a dust-free workshop, advanced laboratories, and an AI testing demonstration center, significantly improving product consistency and delivery efficiency while reserving ample capacity for future business expansion [2] - The company's core competitiveness stems from its self-developed "controller module + functional module" hardware architecture, which breaks the monopoly of imported equipment in the consumer electronics PCBA testing field, achieving a dominant position [2] - In the first three quarters of 2025, the company achieved total revenue of 180 million yuan, a year-on-year increase of 55.76%, with Q3 revenue reaching 76.99 million yuan, up 97.04% year-on-year, indicating a positive interaction between scaled production and market demand [3] Ecosystem Expansion - The new base serves as a hub for industry chain collaboration, strategic expansion, and global layout, enhancing the company's diversified development pattern [4] - The company has established deep cooperative relationships with leading global enterprises such as Quanta Computer and Foxconn, and has formed strategic partnerships with the Guangdong Product Quality Supervision and Inspection Research Institute to promote domestic applications of testing instruments [4] - The project is expected to drive the collaborative upgrade of upstream and downstream supporting enterprises, injecting strong momentum into the local economy [4] Business Field Expansion - The formal launch of the "14th Five-Year Plan" strategy marks a significant milestone, with low-altitude economy and artificial intelligence identified as core tracks [5] - The company plans to acquire 71% of Qingdao Keke Electronics for 1.314 billion yuan to leverage its technology in military control components, expanding into high-value markets such as military and aerospace [5] - The company aims to deepen its presence in the Asia-Pacific market while actively expanding into high-end markets in Europe and North America [5] Industry Empowerment - As a benchmark enterprise in the domestic industrial automation testing field, the company focuses on independent innovation and technological breakthroughs to drive industry transformation and promote the localization of high-end instrument equipment [6] - The company has maintained a high level of R&D investment, with R&D expenses accounting for 25.43%, 30.95%, and 26.57% of revenue from 2022 to 2024, respectively [6] - The company has accumulated 32 independent invention patents and a total of 244 various patents and software copyrights, establishing a solid technological barrier [6] Technological Innovation - The company's self-developed embedded intelligent instrument module has successfully broken the foreign monopoly in the high-end testing field, enhancing customer cooperation and business sustainability [7] - The company extends its core technology into emerging fields such as new energy, biomedical, and semiconductor testing, providing customized core module solutions through collaboration with customer R&D teams [7] - The company aims to leverage its Panyu base to deepen industry chain collaboration and emerging track layout, enhancing the reliability standards of military-grade products for civilian upgrades [7]

Core Viewpoint - The successful launch of the embedded intelligent instrument module expansion project marks a new phase in the company's development and strategic layout, enhancing its capabilities in research, production, and operations in the embedded intelligent instrument module sector [1][2][3]. Expansion Project Completion - The expansion project is a strategic response to growing market demand, aimed at strengthening technological research and development capabilities and improving high-end manufacturing levels [2]. - The project signifies a qualitative leap in the company's R&D, production, and operational capabilities, enabling the provision of higher quality and more efficient products and solutions for industries such as high-end equipment manufacturing, industrial automation, new energy, and automotive electronics [2][3]. - Since its listing on the Sci-Tech Innovation Board in March 2022, the company has focused on independent innovation and deepening its niche market, contributing to steady growth [2]. Strategic Layout in Emerging Fields - The company hosted a conference on low-altitude economy and artificial intelligence, discussing new paths for the integration of these industries and outlining a blueprint for high-quality development [4]. - A new intelligent detection solution for low-altitude economic scenarios was introduced, achieving over 40% improvement in detection efficiency and 30%-50% cost reduction compared to traditional methods [4]. - The company plans to establish a low-altitude economy AI detection ecological alliance with upstream and downstream enterprises to address industry challenges and promote innovation in the low-altitude economy sector [4][5]. Future Development Strategy - The launch of the conference marks the official start of the company's "14th Five-Year" development strategy, focusing on increasing R&D investment and enhancing collaboration between industry, academia, and research [5]. - The company aims to leverage artificial intelligence to upgrade industrial detection technology and expand into emerging fields like the low-altitude economy, contributing to regional industrial upgrades and national technological self-reliance [5].

Core Viewpoint - The company plans to acquire a 71% stake in Qingdao Kekai Electronics Research Institute Co., Ltd. through a combination of cash and stock issuance, aiming to enhance its industrial layout through technological synergy and business complementarity [2][3]. Group 1: Transaction Details - The total asset valuation for the transaction is set at 1.3135 billion yuan, with 785 million yuan paid in cash and 528.5 million yuan through stock issuance [2]. - The share issuance price is determined to be 16.52 yuan per share after multiple adjustments, with approximately 31.9915 million shares to be issued, representing 32.43% of the total share capital post-issuance [2]. - The transaction involves 23 natural persons and institutional investors, with a 12-month lock-up period for the shares acquired [2]. Group 2: Business Expansion and Synergy - Following the transaction, the company's main business will expand from embedded intelligent instruments in industrial automation to include military-grade high-reliability microcircuit modules, creating a dual business model of "detection + control" [3]. - The collaboration will enable technological sharing in signal processing and power design, product integration for measurement and control solutions, and market expansion leveraging Kekai Electronics' military qualifications [3]. Group 3: Financial Projections and Commitments - The projected net profit attributable to the parent company for 2024 is expected to reach 83.4191 million yuan, with a basic earnings per share of 0.86 yuan, indicating a significant enhancement in profitability [3]. - The counterparties have committed to a cumulative net profit of no less than 516 million yuan from 2025 to 2028, with annual commitments of 86 million yuan, 115 million yuan, 145 million yuan, and 170 million yuan [4]. - In case of unmet profit commitments or asset impairment, the counterparties will compensate with shares first, followed by cash if necessary, ensuring the protection of the company's and minority shareholders' interests [4].

Group 1 - The core point of the news is the performance and financial metrics of Guangzhou Silin Jie Technology Co., Ltd., which saw a stock price increase of 5.15% to 62.85 CNY per share, with a total market capitalization of 4.19 billion CNY [1] - The company specializes in the design, research and development, production, and sales of embedded intelligent instrument modules and other industrial automation detection products, with its main revenue sources being embedded intelligent instrument modules (53.28%), automated production testing equipment (28.36%), and machine vision products (6.75%) [1] - The company was established on April 21, 2005, and went public on March 14, 2022 [1] Group 2 - According to data, the Everbright Prudential Fund holds a significant position in Silin Jie, with the Everbright Prudential Chengxin Mixed A Fund (003115) owning 2,981 shares, representing 1.04% of the fund's net value, ranking as the ninth largest holding [2] - The Everbright Prudential Chengxin Mixed A Fund has achieved a year-to-date return of 41.48% and a one-year return of 43.67%, ranking 1,141 out of 8,134 and 1,032 out of 8,056 respectively [2] - The fund manager, Zhu Jiantao, has been in charge for 1 year and 205 days, with the fund's total asset size at 1.85 billion CNY and a best return of 44.06% during his tenure [3]

Group 1 - The core viewpoint of the news is that Slinjet has seen a stock price increase of 5.02%, reaching 50.58 CNY per share, with a total market capitalization of 3.372 billion CNY [1] - Slinjet, established on April 21, 2005, specializes in the design, research and development, production, and sales of embedded intelligent instrument modules and other industrial automation detection products [1] - The revenue composition of Slinjet includes 53.28% from embedded intelligent instrument modules, 28.36% from automated production testing equipment, 11.22% from other sources, 6.75% from machine vision products, and 0.38% from supplementary sources [1] Group 2 - Qianhai Kaiyuan Public Utility Stock (005669) is among the top ten circulating shareholders of Slinjet, having reduced its holdings by 1.0887 million shares, now holding 1.4069 million shares, which accounts for 3.34% of the circulating shares [2] - The fund has achieved a year-to-date return of 31.43% and a one-year return of 34.09%, ranking 1239 out of 4219 and 1427 out of 3866 respectively in its category [2] - The fund manager, Cui Chenlong, has a tenure of 5 years and 94 days, with the fund's total asset size at 14.074 billion CNY and a best return of 208.04% during his tenure [3]

Group 1 - The core point of the announcement is that Guangzhou Silin Jie Technology Co., Ltd. has approved adjustments to the internal investment structure of certain fundraising projects without changing the investment purpose, implementation entity, or method [1][5][6] - The company raised a total of 1,094.39 million yuan from its initial public offering, with a net amount of 975.49 million yuan after deducting issuance costs [1][2] - The adjustments are aimed at improving the efficiency of fund usage while ensuring that the overall investment content and amount remain unchanged [3][5] Group 2 - The specific adjustments involve the "Embedded Intelligent Instrument Module Expansion Project," which will undergo internal investment structure changes to meet operational needs [3][4] - Reasons for the adjustments include upgrading production environments, adjusting construction costs based on land use rights, and enhancing employee welfare facilities [4] - The adjustments are deemed prudent and will not adversely affect the company's normal operations or long-term development plans [5][7] Group 3 - The board of directors approved the adjustments during meetings held on September 29, 2025, and the matter did not require shareholder approval [6][7] - The sponsor institution, Guolian Minsheng Securities, confirmed that the adjustments comply with relevant laws and regulations and will not harm shareholder interests [7][8]

Core Insights - On September 25, 2023, Slinjet's stock fell by 3.54%, with a trading volume of 36.60 million yuan [1] - The company reported a financing buy-in of 4.88 million yuan and a net financing buy of 1.10 million yuan on the same day [1] - As of September 25, the total financing and securities lending balance for Slinjet was 128 million yuan, which is 3.38% of its circulating market value, indicating a high level of financing [1] Financing Overview - On September 25, Slinjet had a financing buy-in of 4.88 million yuan, with a current financing balance of 128 million yuan, exceeding the 90th percentile level over the past year [1] - The company had no securities lending activity on September 25, with a securities lending balance of 0.00 yuan, also at a high level compared to the past year [1] Company Profile - Slinjet Technology Co., Ltd. is located in Panyu District, Guangzhou, Guangdong Province, and was established on April 21, 2005, with its IPO on March 14, 2022 [1] - The company's main business includes the design, research and development, production, and sales of embedded intelligent instrument modules and other industrial automation detection products [1] - The revenue composition of Slinjet includes: embedded intelligent instrument modules (53.28%), automated production testing equipment (28.36%), other products (11.22%), machine vision products (6.75%), and supplementary items (0.38%) [1] Financial Performance - As of July 18, 2025, Slinjet had 4,482 shareholders, a 0.40% increase from the previous period, with an average of 9,401 circulating shares per person, a decrease of 0.40% [2] - For the first half of 2025, Slinjet reported a revenue of 103 million yuan, a year-on-year increase of 34.65%, but a net profit attributable to shareholders of -14.96 million yuan, a decrease of 286.35% [2] - Since its A-share listing, Slinjet has distributed a total of 103 million yuan in dividends, with 73.15 million yuan distributed over the past three years [2] Institutional Holdings - As of June 30, 2025, Slinjet's top ten circulating shareholders included Qianhai Kaiyuan Public Utilities Stock (005669) as the fifth largest shareholder, holding 1.41 million shares, a decrease of 1.09 million shares from the previous period [2] - Qianhai Kaiyuan New Economy Mixed A (000689) has exited the list of top ten circulating shareholders [2]