Core Insights - 弘讯科技's stock price decreased by 2.14% on September 18, with a trading volume of 120 million yuan [1] - The company reported a financing net purchase of 2.64 million yuan on the same day, with a total financing balance of 151 million yuan, representing 3.15% of its market capitalization [1] - As of June 30, 2025, 弘讯科技's revenue was 436 million yuan, a year-on-year increase of 1.04%, while net profit attributable to shareholders decreased by 21.48% to 28.23 million yuan [2] Financing and Margin Trading - On September 18, 弘讯科技 had a financing buy amount of 10.33 million yuan, with a financing repayment of 7.69 million yuan, resulting in a net financing purchase of 2.64 million yuan [1] - The current financing balance of 151 million yuan is below the 30th percentile level of the past year, indicating a low level of financing [1] - The margin trading data shows no shares were sold or repaid on September 18, with a margin balance of 0.00 shares, indicating a high level compared to the 70th percentile of the past year [1] Shareholder and Institutional Holdings - As of June 30, 2025, 弘讯科技 had 44,100 shareholders, a decrease of 18.61% from the previous period, with an average of 9,168 circulating shares per shareholder, an increase of 22.87% [2] - The company has distributed a total of 364 million yuan in dividends since its A-share listing, with 101 million yuan distributed over the past three years [2] - Among the top ten circulating shareholders, 华夏中证机器人ETF increased its holdings by 812,700 shares, while 天弘中证机器人ETF and 易方达国证机器人产业ETF also increased their holdings [2]

Core Viewpoint - Huizhou Guanghong Technology Co., Ltd. is planning to issue shares to specific investors, with the aim of expanding its business and enhancing its competitive position in the electronic manufacturing services (EMS) sector. Group 1: Company Overview - Company Name: Huizhou Guanghong Technology Co., Ltd. [3] - Stock Code: 300735 [3] - Registered Capital: 76,746.0689 million RMB [3] - Established: March 24, 1995 [3] - Listed: December 29, 2017 [3] - Main Business: Specializes in assembly of electronic products in consumer electronics, automotive electronics, network communications, and new energy sectors, providing comprehensive EMS [4][3]. Group 2: Financial Performance - Revenue for the first quarter of 2025: 119,578.80 million RMB, a significant increase from 688,141.22 million RMB in 2024 and 540,244.90 million RMB in 2023 [6]. - Net profit for the first quarter of 2025: 3,085.54 million RMB, compared to 34,240.68 million RMB in 2024 [6]. - The company’s revenue composition shows that consumer electronics accounted for 63.59% of total revenue in the latest reporting period [4]. Group 3: Business Strategy and Growth - The company is actively expanding into the automotive electronics sector, with revenue from this segment increasing significantly in 2023 [4]. - Recent acquisitions include the purchase of Fastboard Electronics Technology (Shanghai) Co., Ltd. in April 2023 and AC Company, a French automotive electronics EMS firm, in May 2025 [4]. - The company aims to leverage these acquisitions to enhance its service offerings and customer base in telecommunications, automotive electronics, and industrial control sectors [4]. Group 4: Share Issuance Details - The share issuance will involve up to 230,238,206 shares, not exceeding 30% of the total share capital prior to the issuance [17]. - The total amount to be raised is capped at 103,294.48 million RMB, with net proceeds allocated to specific projects [17]. - The issuance will be directed towards no more than 35 specific investors, including various financial institutions and qualified investors [16].