截至8月29日，国力电子股东户数5374.00，较上期增加1.92%；人均流通股17736股，较上期减少 1.88%。2025年1月-6月，国力电子实现营业收入5.69亿元，同比增长70.49%；归母净利润3573.36万元， 同比增长142.68%。 10月9日，国力电子涨3.65%，成交额1.95亿元。两融数据显示，当日国力电子获融资买入额3667.28万 元，融资偿还2480.91万元，融资净买入1186.37万元。截至10月9日，国力电子融资融券余额合计3.87亿 元。 融资方面，国力电子当日融资买入3667.28万元。当前融资余额3.87亿元，占流通市值的5.33%，融资余 额超过近一年90%分位水平，处于高位。 融券方面，国力电子10月9日融券偿还0.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0.00元； 融券余量0.00股，融券余额0.00元，超过近一年80%分位水平，处于高位。 资料显示，昆山国力电子科技股份有限公司位于江苏省昆山开发区西湖路28号，成立日期2000年10月12 日，上市日期2021年9月10日，公司主营业务涉及电子真空器件的研发、生产与销售。主营业务收入构 成为： ...

9月25日，国力电子涨5%，截至发稿，报71.40元/股，成交1.12亿元，换手率1.68%，总市值68.06亿元。 责任编辑：小浪快报 汇安核心价值混合A（010740）基金经理为陆丰。 数据显示，汇安基金旗下1只基金重仓国力电子。汇安核心价值混合A（010740）二季度持有股数1.22万 股，占基金净值比例为3.21%，位居第二大重仓股。根据测算，今日浮盈赚取约4.15万元。 汇安核心价值混合A（010740）成立日期2021年3月16日，最新规模1721.68万。今年以来收益14.86%， 同类排名5260/8173；近一年收益26.06%，同类排名5227/8003；成立以来亏损37.93%。 资料显示，昆山国力电子科技股份有限公司位于江苏省昆山开发区西湖路28号，成立日期2000年10月12 日，上市日期2021年9月10日，公司主营业务涉及电子真空器件的研发、生产与销售。主营业务收入构 成为：直流接触器60.00%，真空继电器17.87%，交流接触器11.50%，真空电容器5.33%，真空有源器件 3.49%，其他(补充)1.80%。 从基金十大重仓股角度 截至发稿，陆丰累计任职时间5年142天， ...

Core Viewpoint - The company has officially changed its stock abbreviation to "Guoli Electronics" to better align with its strategic focus on electronic vacuum technology, enhancing brand recognition and industry positioning [1][2]. Group 1: Company Strategy and Focus - The name change reflects the company's commitment to the electronic vacuum technology sector, aiming to improve brand identification and clarity in its industry focus [1]. - The company has established a comprehensive R&D system covering high voltage, high frequency, and high power, developing a product matrix that includes rapid-tuning tubes, cyclotron tubes, vacuum capacitors, and vacuum relays [1][2]. Group 2: Product Development and Market Position - The company is advancing product development in cutting-edge fields, including controlled nuclear fusion, with core products such as cold cathode thyratrons, rapid-tuning tubes, and vacuum capacitors [2]. - The company has successfully supplied vacuum capacitors to leading domestic and international clients, particularly in the etching and thin-film deposition equipment sectors, and plans to increase R&D investment in third and fourth generation semiconductor equipment [2]. Group 3: Customer and Global Expansion - The company is optimizing its customer structure by expanding its strategic client base to include leading firms in the renewable energy and global semiconductor equipment sectors, offering customized solutions in solar, wind, energy storage, and electric vehicles [2]. - The establishment of overseas platforms, such as Guoli Singapore, is part of the company's strategy to enhance its global business presence and create an international operational system covering R&D, sales, and services [2].

截至8月29日，国力电子股东户数5374.00，较上期增加1.92%；人均流通股17736股，较上期减少 1.88%。2025年1月-6月，国力电子实现营业收入5.69亿元，同比增长70.49%；归母净利润3573.36万元， 同比增长142.68%。 分红方面，国力电子A股上市后累计派现9836.14万元。近三年，累计派现6831.35万元。 机构持仓方面，截止2025年6月30日，国力电子十大流通股东中，兴全多维价值混合A（007449）位居 第三大流通股东，持股286.68万股，持股数量较上期不变。兴全合丰三年持有混合（009556）位居第六 大流通股东，持股165.85万股，相比上期减少20.28万股。 9月18日，国力电子盘中上涨2.06%，截至10:27，报67.38元/股，成交4809.20万元，换手率0.76%，总市 值64.22亿元。 资金流向方面，主力资金净流出198.51万元，特大单买入130.30万元，占比2.71%，卖出104.62万元，占 比2.18%；大单买入1428.70万元，占比29.71%，卖出1652.88万元，占比34.37%。 国力电子今年以来股价涨66.53%，近5 ...

Core Viewpoint - Guokui Electronics experienced a decline of 2.18% on September 15, with a trading volume of 82.81 million yuan, indicating a potential shift in investor sentiment [1]. Financing Summary - On September 15, Guokui Electronics had a financing buy-in amount of 8.35 million yuan and a financing repayment of 15.04 million yuan, resulting in a net financing buy of -6.69 million yuan [1]. - The total financing and securities balance for Guokui Electronics as of September 15 is 321 million yuan, which accounts for 5.25% of its market capitalization, indicating a high level compared to the past year [1]. - The company had no shares sold or repaid in the securities lending market on the same day, with a securities lending balance of 0, also reflecting a high level compared to the past year [1]. Company Performance - As of August 29, Guokui Electronics had 5,374 shareholders, an increase of 1.92%, while the average circulating shares per person decreased by 1.88% to 17,736 shares [2]. - For the first half of 2025, Guokui Electronics reported a revenue of 569 million yuan, representing a year-on-year growth of 70.49%, and a net profit attributable to shareholders of 35.73 million yuan, which is a 142.68% increase year-on-year [2]. Dividend Information - Since its A-share listing, Guokui Electronics has distributed a total of 98.36 million yuan in dividends, with 68.31 million yuan distributed over the past three years [3]. Institutional Holdings - As of June 30, 2025, among the top ten circulating shareholders of Guokui Electronics, the third-largest shareholder is the Xingquan Multi-Dimensional Value Mixed Fund (007449), holding 2.87 million shares, unchanged from the previous period [3]. - The sixth-largest shareholder, Xingquan He Feng Three-Year Holding Mixed Fund (009556), reduced its holdings by 202,800 shares to 1.66 million shares compared to the previous period [3].

Company Overview - Guoli Electronics, established on October 12, 2000, is located at 28 Xihu Road, Kunshan Development Zone, Jiangsu Province. The company was listed on September 10, 2021, and specializes in the research, production, and sales of electronic vacuum devices [1]. Financial Performance - For the first half of 2025, Guoli Electronics achieved operating revenue of 569 million yuan, representing a year-on-year growth of 70.49%. The net profit attributable to the parent company was 35.73 million yuan, reflecting a year-on-year increase of 142.68% [2]. - Since its A-share listing, Guoli Electronics has distributed a total of 98.36 million yuan in dividends, with 68.31 million yuan distributed over the past three years [3]. Stock Performance - As of September 15, Guoli Electronics' stock price was 64.18 yuan per share, down 2.15% during the trading session. The stock has increased by 58.63% year-to-date but has seen a decline of 5.76% over the past five trading days and 5.49% over the past 20 days [1]. - The company has a total market capitalization of 6.117 billion yuan, with a trading volume of 50.19 million yuan and a turnover rate of 0.81% [1]. Shareholder Information - As of August 29, the number of shareholders for Guoli Electronics was 5,374, an increase of 1.92% from the previous period. The average number of circulating shares per shareholder was 17,736, a decrease of 1.88% [2]. - Among the top ten circulating shareholders, the third-largest is the XINGQUAN Multi-Dimensional Value Mixed Fund, holding 2.8668 million shares, unchanged from the previous period. The sixth-largest, XINGQUAN He Feng Three-Year Holding Mixed Fund, holds 1.6585 million shares, a decrease of 202,800 shares from the previous period [3]. Business Segmentation - The main business revenue composition of Guoli Electronics includes: DC contactors (60.00%), vacuum relays (17.87%), AC contactors (11.50%), vacuum capacitors (5.33%), vacuum active devices (3.49%), and others (1.80%) [1].

Core Viewpoint - Guokui Co., Ltd. has shown significant growth in revenue and net profit, indicating strong business performance and investor interest in the company [2][3]. Financing Summary - On August 25, Guokui Co., Ltd. had a financing buy-in amount of 24.45 million yuan, with a net financing buy of 5.15 million yuan, while the total financing and securities balance reached 314 million yuan [1]. - The current financing balance of 314 million yuan accounts for 4.88% of the circulating market value, which is above the 80th percentile level over the past year, indicating a high level of financing activity [1]. - There were no securities sold or repaid on August 25, with a securities balance of 0, which is also at a high level compared to the past year [1]. Business Performance - As of July 31, the number of shareholders for Guokui Co., Ltd. increased by 7.56% to 4,797, while the average circulating shares per person decreased by 7.03% to 19,869 shares [2]. - For the first half of 2025, Guokui Co., Ltd. reported a revenue of 569 million yuan, representing a year-on-year growth of 70.49%, and a net profit attributable to shareholders of 35.73 million yuan, up 142.68% year-on-year [2]. Dividend Information - Since its A-share listing, Guokui Co., Ltd. has distributed a total of 98.36 million yuan in dividends, with 68.31 million yuan distributed over the past three years [3]. Shareholding Structure - As of June 30, 2025, the top ten circulating shareholders include prominent funds, with XQ Multi-Dimensional Value Mixed A holding 2.87 million shares, unchanged from the previous period, while XQ He Feng Three-Year Holding Mixed reduced its holdings by 202,800 shares to 1.66 million shares [3].

Core Viewpoint - The company is adjusting the use of funds raised from its convertible bonds, reducing the investment in the "Wind and Solar Storage and Flexible Direct Current Distribution Contactors Production Project" from 200 million yuan to 57.5 million yuan, reallocating the reduced funds to a new project focused on high-end electronic vacuum devices and integrated systems intelligent manufacturing expansion, expected to be completed by 2027 [1][4][5]. Fundraising Overview - The company has received approval from the China Securities Regulatory Commission to issue convertible bonds totaling 480 million yuan, with a net amount of approximately 466.97 million yuan after deducting issuance costs [2][3]. - The original total investment for the projects was set at 480 million yuan, but the actual net amount raised was lower, prompting the adjustment of funding allocations [3][4]. Project Changes - The investment in the "Wind and Solar Storage and Flexible Direct Current Distribution Contactors Production Project" has been reduced by 142.5 million yuan, while the new project for high-end electronic vacuum devices will require 142.5 million yuan [4][5]. - The new project aims to enhance production capacity and product quality in the vacuum capacitor, vacuum relay, and vacuum active device sectors, with a total investment of 147.8 million yuan [9][12]. Market Context - The company is responding to changes in the market and industry environment, particularly the oversupply and price drops in the photovoltaic sector, which have affected the demand for upstream equipment [5][6]. - The semiconductor equipment industry is experiencing significant growth, with the market size in China expected to increase from 96.84 billion yuan in 2019 to 219.02 billion yuan by 2023, indicating a robust demand for electronic vacuum devices [12][13]. Project Implementation and Financial Projections - The new project is projected to generate an annual revenue of approximately 292.1 million yuan and a net profit of about 46.91 million yuan, with an internal rate of return of 28.03% and a payback period of 6.02 years [9][10]. - The construction period for the new project is estimated to be two years, with production expected to commence in 2027 [1][10]. Strategic Importance - The company aims to leverage its technological expertise and established market presence to enhance its competitive edge in high-value product segments, thereby expanding its market share and customer base [12][14]. - The project aligns with the company's long-term strategic goals and is expected to optimize resource allocation and improve operational efficiency [16][17].

Fundraising Overview - The company has issued convertible bonds with a total face value of RMB 480 million, with a net fundraising amount of RMB 466.97 million after deducting issuance costs [1][2] - The funds are stored in a dedicated account, and a regulatory agreement has been signed with the underwriter and the bank [2] Fund Allocation Changes - The company decided to adjust the investment amount for the "New Energy Direct Current Contactor Expansion Project" from RMB 20 million to RMB 5.75 million due to lower-than-expected fundraising and changes in market conditions [2][6] - The reduced funds will be redirected to a new project, "High-end Electronic Vacuum Devices and Integrated Systems Intelligent Manufacturing Expansion Project," expected to be completed by 2027 [2][7] Project Details - The new project will focus on high-tech vacuum capacitors, vacuum relays, and vacuum active devices, aiming to enhance production scale and product quality [7][9] - The total investment for the new project is estimated at RMB 147.8 million, with RMB 142.5 million sourced from the raised funds [9][10] Market Context - The semiconductor equipment industry is experiencing rapid growth, with the market size in China increasing from RMB 96.84 billion in 2019 to RMB 219.02 billion in 2023 [14] - The demand for electronic vacuum devices is expected to rise significantly due to advancements in semiconductor manufacturing and the growth of the aerospace sector [14][15] Strategic Importance - The project aims to solidify the company's position in the high-end market and enhance its competitive edge by leveraging proprietary technologies [13][14] - The company has established a strong customer base, including key players in the semiconductor and aerospace industries, ensuring a reliable market for its products [11][12] Approval Process - The changes to the fundraising project have been approved by the company's board and supervisory committee, pending further approval from the shareholders' meeting [17][18] - The underwriter has confirmed that the company has followed necessary procedures and complies with relevant regulations [18]

Fundraising Overview - The company, Kunshan Guoli Electronics Technology Co., Ltd., raised a total of RMB 236,499,700.01 through its initial public offering, with 2,389 million shares issued at a price of RMB 12.04 per share [1] - The funds raised have been verified by Rongcheng Accounting Firm, which issued a verification report [1] Fund Management and Usage - The company has established a fundraising management system in compliance with relevant regulations to ensure proper management and usage of the raised funds [2] - Special accounts for the raised funds were opened at various banks, including Industrial and Commercial Bank of China, Bank of Communications, Shanghai Pudong Development Bank, and China Merchants Bank, with a tripartite supervision agreement signed with the underwriter and banks [2] Account Cancellation - The company has recently completed the cancellation of certain fundraising special accounts, including those at Industrial and Commercial Bank of China and Bank of Communications, to streamline fund account management [3] - The cancellation of these accounts will terminate the corresponding tripartite supervision agreements with the underwriter and the banks [3]