11月14日，铭普光磁盘中上涨2.13%，截至10:14，报21.62元/股，成交7047.86万元，换手率1.86%，总 市值50.81亿元。 责任编辑：小浪快报 铭普光磁所属申万行业为：通信-通信设备-通信网络设备及器件。所属概念板块包括：氮化镓、华为海 思、光电子、第三代半导体、智能穿戴等。 截至9月30日，铭普光磁股东户数4.80万，较上期减少26.59%；人均流通股3698股，较上期增加 36.23%。2025年1月-9月，铭普光磁实现营业收入12.13亿元，同比减少1.31%；归母净利润-1.50亿元， 同比减少7.27%。 分红方面，铭普光磁A股上市后累计派现4548.02万元。近三年，累计派现698.02万元。 机构持仓方面，截止2025年9月30日，铭普光磁十大流通股东中，香港中央结算有限公司位居第四大流 通股东，持股204.73万股，为新进股东。 资金流向方面，主力资金净流入166.04万元，特大单买入167.27万元，占比2.37%，卖出106.95万元，占 比1.52%；大单买入842.51万元，占比11.95%，卖出736.79万元，占比10.45%。 铭普光磁今年以来股价跌7.53 ...

Company Overview - Mingpu Optoelectronics is a high-tech enterprise established in 2008, focusing on R&D, production, sales, and service of magnetic components, optical communication products, and various power supply products [2][3] - The company has established a leading position in the communication field and is expanding into new energy sectors, enhancing its growth potential [3] Product Categories - Optical communication products include optical modules, which consist of optical transmitter devices (TOSA), optical receiver devices (ROSA), and other components for optical-electrical conversion [3] - Magnetic components are primarily electronic transformers and inductors, essential for energy conversion and storage in electronic circuits [3][4] Development Strategies - Focus on technological innovation and market understanding to identify growth opportunities in high-demand sectors [4] - Custom product development to meet specific client needs, enhancing collaboration and success rates [4] - Domestic alternatives to imported products, aiming to break foreign monopolies through technological advancements [4] Power Supply Division - The Energy Division was established in 2011, featuring advanced automated production lines for power supply modules, covering a range from 1 to 75 kW [4] - The Power Supply Division, formed in 2015, provides green power products including communication power modules and smart chargers [4] Market Trends - The demand for data communication optical modules is driven by cloud computing and AI advancements, leading to a new growth phase in the industry [4] - Rapid product iteration is a characteristic of the data communication sector, with significant price reductions and cost leadership becoming critical success factors [4]

Core Viewpoint - Mingpu Optoelectronics' stock price has shown a decline this year, with a recent slight increase, indicating potential volatility in the market [1][2]. Company Overview - Mingpu Optoelectronics Co., Ltd. was established on June 25, 2008, and listed on September 29, 2017. The company is located in Dongguan, Guangdong Province, and specializes in the research, production, and sales of optoelectronic communication components [2]. - The company's main business revenue composition includes: magnetic components (58.20%), optical communication products (19.16%), power adapters (12.23%), communication power supply system equipment (7.55%), and others (2.84%) [2]. Stock Performance - As of November 4, the stock price increased by 2.12% to 21.66 CNY per share, with a trading volume of 33.26 million CNY and a turnover rate of 0.87%. The total market capitalization is 5.09 billion CNY [1]. - Year-to-date, the stock price has decreased by 7.36%, with a decline of 1.81% over the last five trading days, 8.84% over the last 20 days, and 5.83% over the last 60 days [2]. Financial Performance - For the period from January to September 2025, the company reported a revenue of 1.213 billion CNY, a year-on-year decrease of 1.31%. The net profit attributable to the parent company was -150 million CNY, a year-on-year decrease of 7.27% [2]. - Since its A-share listing, the company has distributed a total of 45.48 million CNY in dividends, with 6.98 million CNY distributed over the last three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders is 48,000, a decrease of 26.59% from the previous period. The average circulating shares per person increased by 36.23% to 3,698 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the fourth largest, holding 2.0473 million shares as a new shareholder [3].

Core Viewpoint - The company, Keresys (301314.SZ), primarily focuses on the production services of magnetic components and fully automated production equipment for magnetic components, serving various industries including telecommunications, consumer electronics, automotive electronics, security electronics, new energy, smart home, and smart instruments [1] Company Overview - Keresys's business encompasses the production of magnetic components and the provision of fully automated production equipment for these components [1] - The company's downstream products are mainly used in network transformers and inductors [1] Industry Applications - The applications of Keresys's products are widespread across several sectors, including: - Telecommunications - Consumer Electronics - Automotive Electronics - Security Electronics - New Energy - Smart Home - Smart Instruments [1] Clientele - The primary customers of Keresys are downstream component manufacturers [1] Technology Capabilities - Currently, the company does not possess any technological reserves related to quantum computing [1]

Core Viewpoint - Jingquanhua is a significant player in the domestic magnetic components, power supply, and special transformer sectors, with strong R&D and production capabilities. The company ranks 13th in revenue and 18th in net profit within its industry as of Q3 2025 [1][2]. Financial Performance - In Q3 2025, Jingquanhua reported a revenue of 2.6 billion yuan, ranking 13th out of 33 companies in the industry. The top competitor, Zhongdian Port, achieved a revenue of 50.598 billion yuan, while the industry average was 4.846 billion yuan [2]. - The company's net profit for the same period was 72.1127 million yuan, placing it 18th in the industry. The leading company, Wolker Nuclear Materials, reported a net profit of 883 million yuan, with the industry average at 139 million yuan [2]. Profitability and Debt Ratios - As of Q3 2025, Jingquanhua's debt-to-asset ratio was 56.32%, an increase from 54.73% year-on-year and above the industry average of 44.96% [3]. - The gross profit margin for Q3 2025 was 13.19%, up from 12.39% year-on-year but still below the industry average of 21.49% [3]. Executive Compensation - The chairman, Zhang Lipin, received a salary of 911,200 yuan in 2024, an increase of 332,500 yuan from 2023. Zhang Lipin is also the controlling shareholder and has held various positions, including chairman of Nanjing Zhaohua Technology Co., Ltd. [4]. Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 19.58% to 28,500, while the average number of circulating A-shares held per account increased by 24.35% to 8,102.02 [5].

Core Viewpoint - The performance report of Jingquanhua for Q3 2025 shows significant growth in revenue and net profit, driven by expansion in overseas markets and sectors like data centers and renewable energy [2][4]. Financial Performance - In Q3 2025, the company achieved a revenue of 876 million yuan, representing a year-on-year increase of 13.81% [2][3]. - The net profit attributable to shareholders reached 30.57 million yuan, a substantial year-on-year growth of 478.12% [2][3]. - The net profit excluding non-recurring gains and losses was 17.37 million yuan, up 418.98% year-on-year [2][3]. - For the first three quarters of 2025, total revenue was 2.6 billion yuan, an increase of 23.96% compared to the same period last year [2][3]. - The net profit attributable to shareholders for the first three quarters was 71.87 million yuan, reflecting a growth of 69.74% [2][3]. - The net profit excluding non-recurring gains and losses for the same period was 53.03 million yuan, up 71.55% year-on-year [2][3]. Business Segments and Growth Drivers - Jingquanhua's growth is attributed to its active expansion in overseas markets and deepening involvement in high-growth sectors such as data centers and renewable energy [4]. - The company operates in three main segments: magnetic components, power supplies, and special transformers, with applications in renewable energy generation and storage, electric vehicles, and industrial automation [4]. - In the renewable energy sector, Jingquanhua's products cover three major scenarios: solar storage inverters, electric vehicle charging piles, and electric vehicles, becoming a key driver of revenue growth due to policy support and downstream demand [4]. - Special transformers, as the largest revenue source for Jingquanhua, have shown strong growth in data center applications, particularly in the server sector where demand for magnetic components for UPS (uninterruptible power supply) is rising due to global digitalization [4]. - The company's focus on developing solid-state transformer (SST) technology is expected to be a critical factor for future growth [4].

Core Viewpoint - The stock of Mingpu Optoelectronics has shown fluctuations in recent trading days, with a slight increase on October 29, 2023, despite a year-to-date decline in stock price [1][2]. Company Overview - Mingpu Optoelectronics, established on June 25, 2008, and listed on September 29, 2017, is located in Dongguan, Guangdong Province. The company specializes in the research, production, and sales of optical and magnetic communication components [2]. - The revenue composition of the company includes: magnetic components (58.20%), optical communication products (19.16%), power adapters (12.23%), communication power supply system equipment (7.55%), and others (2.84%) [2]. Financial Performance - For the period from January to September 2025, Mingpu Optoelectronics reported a revenue of 1.213 billion yuan, representing a year-on-year decrease of 1.31%. The net profit attributable to the parent company was -150 million yuan, a year-on-year decrease of 7.27% [2]. - Since its A-share listing, the company has distributed a total of 45.4802 million yuan in dividends, with 6.9802 million yuan distributed over the past three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders for Mingpu Optoelectronics was 48,000, a decrease of 26.59% from the previous period. The average circulating shares per person increased by 36.23% to 3,698 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the fourth largest, holding 2.0473 million shares as a new shareholder [3].

Group 1 - The core point of the news is that Jingquan Technology's stock price has dropped by 5.12%, currently trading at 22.97 CNY per share, with a total market capitalization of 6.223 billion CNY [1] - Jingquan Technology, established on June 25, 1996, and listed on June 27, 2017, is primarily engaged in the research, production, and sales of magnetic components, power supplies, and special transformers [1] - The revenue composition of Jingquan Technology is as follows: special transformers account for 44.52%, magnetic components 35.37%, power supplies 19.16%, and other supplementary products 0.95% [1] Group 2 - According to data, one fund under招商基金 holds a significant position in Jingquan Technology, specifically the 招商中证2000增强策略ETF (159552), which held 70,800 shares in the second quarter, representing 1.1% of the fund's net value [2] - The 招商中证2000增强策略ETF (159552) has a total scale of 91.324 million CNY and has achieved a year-to-date return of 53.07%, ranking 345 out of 4,218 in its category [2] - The fund manager of 招商中证2000增强策略ETF is 邓童, who has been in the position for approximately 3 years and 336 days, with the best fund return during this period being 78.25% [3]

Group 1 - The core point of the news is the performance and financial details of Shenzhen Jingquan Technology Co., Ltd., which saw a stock price increase of 5.34% to 25.25 CNY per share, with a trading volume of 487 million CNY and a turnover rate of 8.58%, resulting in a total market capitalization of 6.841 billion CNY [1] - The company, established on June 25, 1996, and listed on June 27, 2017, primarily engages in the research, production, and sales of magnetic components, power supplies, and special transformers [1] - The revenue composition of the company is as follows: special transformers account for 44.52%, magnetic components for 35.37%, power supplies for 19.16%, and other sources for 0.95% [1] Group 2 - From the perspective of major fund holdings, one fund under China Merchants Fund has a significant position in Jingquan Technology, specifically the China Merchants CSI 2000 Enhanced Strategy ETF (159552), which held 70,800 shares in the second quarter, representing 1.1% of the fund's net value, ranking as the ninth largest holding [2] - The China Merchants CSI 2000 Enhanced Strategy ETF (159552) has a current scale of 91.324 million CNY and has achieved a year-to-date return of 50.56%, ranking 320 out of 4,218 in its category, with a one-year return of 65.68%, ranking 74 out of 3,868 [2] - The fund manager, Deng Tong, has been in charge for 3 years and 334 days, with the fund's total asset size at 10.902 billion CNY, achieving the best return of 72.23% and the worst return of 1% during his tenure [3]

Group 1 - The company Mingpu is a leading enterprise in magnetic components, specifically supplying a full range of magnetic devices for AI server power applications [2] - The products supplied by the company include drive transformers, common mode inductors, PFC inductors, main power transformers, and output filter inductors [2] - The company's main supply for servers is the TLVR inductor product [2]