Core Viewpoint - SMIC's fourth-quarter performance guidance has declined due to traditional seasonal weakness and fluctuations in the mobile market, leading to cautious procurement in industries like mobile and network communication equipment [1] Group 1: Performance Guidance - SMIC's fourth-quarter performance guidance is conservative, primarily influenced by seasonal factors and market volatility [1] - The company has adjusted its shipment forecasts for the next two quarters to reflect a cautious outlook [1] Group 2: Market Conditions - The shortage of storage supply and rising prices have contributed to cautious procurement behavior in the mobile and network communication sectors [1] - To address urgent orders related to storage and analog products, SMIC postponed the shipment of some mobile products in the third quarter [1]

Group 1 - The core viewpoint of the article indicates that SMIC's performance guidance for the fourth quarter has declined due to the traditional off-season and fluctuations in the mobile market [1] - The company is experiencing cautious procurement from industries such as mobile and network communication equipment due to storage supply shortages and rising prices, leading to a conservative outlook for shipments in the next two quarters [1] - To meet urgent orders related to storage and analog products, the company postponed the shipment of some mobile products in the third quarter [2]

Core Viewpoint - SMIC's fourth-quarter performance guidance has declined due to the traditional off-season and fluctuations in the mobile market, leading to cautious procurement in industries such as mobile phones and network communication equipment [1] Group 1 - SMIC's joint CEO Zhao Haijun indicated that the company has adopted a conservative outlook for shipment forecasts in the next two quarters [1] - The decline in performance guidance is attributed to a shortage of storage supply and rising prices, impacting the procurement behavior of various industries [1] - To meet urgent orders related to storage and analog products, the company postponed the shipment of some mobile products in the third quarter [1]

Group 1 - The core point of the news is that Lai Mu Co., Ltd. announced the cancellation of its supervisory board during a board meeting held on November 11, 2025 [1] - For the fiscal year 2024, the revenue composition of Lai Mu Co., Ltd. is as follows: automotive products account for 71.66%, mobile phone products account for 17.61%, other businesses account for 8.37%, molds and fixtures account for 1.81%, and energy storage products account for 0.53% [1] - As of the time of reporting, the market capitalization of Lai Mu Co., Ltd. is 4.8 billion yuan [2]

Core Viewpoint - Lai Mu Co., Ltd. has disclosed a total external guarantee amount of approximately 1.698 billion yuan, with significant portions provided to and from its subsidiaries [1] Group 1: Financial Guarantees - The total external guarantees by the company and its subsidiaries amount to approximately 1.698 billion yuan [1] - The company has provided guarantees totaling about 613 million yuan to its subsidiaries, which accounts for 31.62% of the latest audited net assets [1] - The subsidiaries have provided guarantees totaling approximately 1.085 billion yuan to the company, representing 55.98% of the latest audited net assets [1] Group 2: Revenue Composition - For the year 2024, the revenue composition of Lai Mu Co., Ltd. is as follows: automotive products account for 71.66%, mobile phone products for 17.61%, other businesses for 8.37%, molds and fixtures for 1.81%, and energy storage products for 0.53% [1] Group 3: Market Capitalization - As of the report, Lai Mu Co., Ltd. has a market capitalization of 5.7 billion yuan [1]

Group 1 - The core point of the article is that Lai Mu Co., Ltd. (SH 603633) held its 13th meeting of the 6th Board of Directors on August 28, 2025, where it reviewed the special report on the use of raised funds for the first half of 2025 [1] - For the year 2024, the revenue composition of Lai Mu Co., Ltd. is as follows: automotive products account for 71.66%, mobile phone products account for 17.61%, other businesses account for 8.37%, molds and fixtures account for 1.81%, and energy storage products account for 0.53% [1]