Core Views - The company achieved record revenue of RMB 1.763 billion in Q2 2025 and RMB 3.224 billion in the first half of 2025, with a net profit of RMB 486 million, marking a historical high for both quarterly and semi-annual results [1][2] - The company is transitioning from a traditional "product provider" to a "value creator," focusing on emerging markets such as AI applications, automotive electronics, and data centers [1][6] - The company emphasizes innovation and has established multiple manufacturing technology platforms to support its product matrix and horizontal expansion capabilities [1][5] Financial Performance - Revenue for the first half of 2025 increased by 19.80% compared to the same period last year, while net profit attributable to shareholders rose by 32.87% [2][6] - The company reported a basic earnings per share of RMB 0.62, up 31.91% year-on-year [2] - Total assets increased by 5.13% year-on-year, reaching RMB 13.358 billion [2] Business Overview - The company specializes in the research, design, production, and sales of precision electronic components, with applications in communication, consumer electronics, automotive electronics, and data centers [6][9] - The company has developed a comprehensive product line, including magnetic devices, sensors, microwave devices, and precision ceramics, which are essential for signal processing and power management [6][9] - The company is recognized as a "demonstration enterprise of the first batch of manufacturing champions in China" and has been listed among the top 100 electronic component companies for 18 consecutive years [3][4] Market Trends - The electronic components industry is experiencing a shift towards miniaturization, high power density, and integration, driven by advancements in communication technology and the increasing demand for high-performance electronic devices [6][8] - The company is well-positioned to benefit from the growth in AI applications, automotive electronics, and data centers, with significant orders in the data center business during the first half of 2025 [1][6] Technological Development - The company has invested heavily in foundational technology research, establishing various manufacturing technology platforms to enhance production capabilities [5][6] - The company has developed advanced materials and manufacturing processes, enabling the production of high-performance components for various applications, including AI servers and automotive electronics [6][9] Product Strategy - The company offers a wide range of products tailored to meet the needs of different application scenarios, including precision inductors, transformers, and circuit protection components [9][10] - The company is actively developing new products to address market demands, particularly in the fields of AI, automotive electronics, and renewable energy [8][14]

市场风险。投资者应充分了解创业板的投资风险及本公司所披露的风险因素，审慎作出 投资决定。 广东美信科技股份有限公司 Guangdong Misun Technology Co., Ltd. （广东省东莞市企石镇新南金湖一路 3 号 1 号楼） 首次公开发行股票并在创业板上市 招股说明书 （注册稿） 声明：本公司的发行上市申请尚需经深圳证券交易所和中国证监会履行相应程序。本招 股说明书不具有据以发行股票的法律效力，仅供预先披露之用。投资者应当以正式公告 的招股说明书全文作为投资决定的依据。 保荐机构（主承销商） （成都市青羊区东城根上街 95 号） 本次发行股票拟在创业板上市，创业板公司具有创新投入大、新旧产业融合存在不确定 性、尚处于成长期、经营风险高、业绩不稳定、退市风险高等特点，投资者面临较大的 广东美信科技股份有限公司 招股说明书（注册稿） 声 明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对注册申请文 件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的盈利能力、 投资价值或者对投资者的收益作出实质性判断或保证。任何与之相反的声明均属虚假不 实陈述。 根据《证券法》的 ...

市场风险。投资者应充分了解创业板的投资风险及本公司所披露的风险因素，审慎作出 投资决定。 广东美信科技股份有限公司 Guangdong Misun Technology Co., Ltd. （广东省东莞市企石镇新南金湖一路 3 号 1 号楼） 首次公开发行股票并在创业板上市 招股说明书 （注册稿） 声明：本公司的发行上市申请尚需经深圳证券交易所和中国证监会履行相应程序。本招 股说明书不具有据以发行股票的法律效力，仅供预先披露之用。投资者应当以正式公告 的招股说明书全文作为投资决定的依据。 保荐机构（主承销商） （成都市青羊区东城根上街 95 号） 本次发行股票拟在创业板上市，创业板公司具有创新投入大、新旧产业融合存在不确定 性、尚处于成长期、经营风险高、业绩不稳定、退市风险高等特点，投资者面临较大的 广东美信科技股份有限公司 招股说明书（注册稿） 声 明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对注册申请文 件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的盈利能力、 投资价值或者对投资者的收益作出实质性判断或保证。任何与之相反的声明均属虚假不 实陈述。 根据《证券法》的 ...

市场风险。投资者应充分了解创业板的投资风险及本公司所披露的风险因素，审慎作出 投资决定。 广东美信科技股份有限公司 Guangdong Misun Technology Co., Ltd. （广东省东莞市企石镇新南金湖一路 3 号 1 号楼） 首次公开发行股票并在创业板上市 招股说明书 （注册稿） 声明：本公司的发行上市申请尚需经深圳证券交易所和中国证监会履行相应程序。本招 股说明书不具有据以发行股票的法律效力，仅供预先披露之用。投资者应当以正式公告 的招股说明书全文作为投资决定的依据。 保荐机构（主承销商） （成都市青羊区东城根上街 95 号） 本次发行股票拟在创业板上市，创业板公司具有创新投入大、新旧产业融合存在不确定 性、尚处于成长期、经营风险高、业绩不稳定、退市风险高等特点，投资者面临较大的 广东美信科技股份有限公司 招股说明书（注册稿） 声 明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对注册申请文 件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的盈利能力、 投资价值或者对投资者的收益作出实质性判断或保证。任何与之相反的声明均属虚假不 实陈述。 根据《证券法》的 ...