星星科技所属申万行业为：电子-消费电子-消费电子零部件及组装。所属概念板块包括：小盘、低价、 特斯拉、OLED、新能源车等。 截至9月30日，星星科技股东户数9.38万，较上期减少8.27%；人均流通股23904股，较上期增加 48.82%。2025年1月-9月，星星科技实现营业收入12.13亿元，同比增长41.32%；归母净利润-566.02万 元，同比增长95.57%。 星星科技今年以来股价跌0.23%，近5个交易日涨2.10%，近20日涨3.31%，近60日跌6.02%。 责任编辑：小浪快报 资料显示，江西星星科技股份有限公司位于浙江省台州市台州湾新区三甲街道甲南大道3505号，成立日 期2003年9月25日，上市日期2011年8月19日，公司主营业务涉及手机、平板电脑等产品视窗防护屏、触 控显示模组的研发和制造;智能消费电子高精密结构件的研发、制造和销售。主营业务收入构成为：电 动自行车29.12%，电动摩托车18.53%，结构件类12.93%，电动车配件12.90%，触控显示类12.86%，视 窗防护屏类12.66%，其他1.00%。 11月25日，星星科技盘中上涨2.10%，截至13:23，报4. ...

11月18日，A股上市公司东山精密（002384.SZ）向港交所递交了招股书，拟在主板挂牌，瑞银集团、 国泰海通、广发证券、中信证券是其联席保荐人。 IPO日报注意到，连续两年增收不增利的东山精密今年以来连续完成两大收购，年内股价飙涨159%，市 值接近1300亿元。公司距离其官宣筹划赴港上市仅仅过去两个月，就已完成递表。 买买买，涨涨涨 招股书显示，东山精密的历史可追溯至1998年，由袁富根等人始创于苏州，是一家提供金属结构件精密 组件服务的公司。东山精密已于2010年4月9日在A股上市，截至11月20日收盘，市值约为1293亿元（昨 日收盘市值1313亿元）。目前在亚洲、北美洲、欧洲及非洲的15个国家及地区设有生产设施，拥有70余 家全资、控股或参股企业。 目前，董事长袁永刚、总经理袁永峰、袁富根共同控制东山精密约33.26%的股份，为控股股东；其他A 股股东持股66.74%。 经过27年的发展，如今的东山精密主要从事电子电路产品、精密组件、触控显示模组、LED（发光二极 管）显示器件等的研发、生产和销售，产品广泛应用于消费电子、新能源汽车、通信设备、工业设备、 AI（人工智能）、医疗器械等行业。 根据咨 ...

星标 ★ IPO日报 精彩文章第一时间推送 11月18日，A股上市公司东山精密（002384.SZ）向港交所递交了招股书，拟在主板挂牌，瑞银集团、国泰海通、广发证券、中信证券是其联席保荐人。 IPO日报注意到，连续两年增收不增利的东山精密今年以来连续完成两大收购，年内股价飙涨159%，市值接近1300亿元。公司距离其官宣筹划赴港上市仅 仅过去两个月，就已完成递表。 张力制图 买买买，涨涨涨 招股书显示，东山精密的历史可追溯至1998年，由袁富根等人始创于苏州，是一家提供金属结构件精密组件服务的公司。东山精密已于2010年4月9日在A 股上市，截至11月20日收盘，市值约为1293亿元（昨日收盘市值1313亿元）。目前在亚洲、北美洲、欧洲及非洲的15个国家及地区设有生产设施，拥有70 余家全资、控股或参股企业。 目前，董事长袁永刚、总经理袁永峰、袁富根共同控制东山精密约33.26%的股份，为控股股东；其他A股股东持股66.74%。 经过27年的发展，如今的东山精密主要从事电子电路产品、精密组件、触控显示模组、LED（发光二极管）显示器件等的研发、生产和销售，产品广泛应 用于消费电子、新能源汽车、通信设备、工业设 ...

Core Viewpoint - Dongshan Precision is making significant progress in its IPO application for H-shares on the Hong Kong Stock Exchange, aiming to enhance its international presence and competitiveness [2][4]. Financial Performance - In the first three quarters of 2025, Dongshan Precision achieved a revenue of 27.071 billion yuan, a year-on-year increase of 2.28%, and a net profit attributable to shareholders of 1.223 billion yuan, up 14.61%, surpassing the total net profit for 2024 [8]. - The company's new energy business generated approximately 7.52 billion yuan in sales revenue during the same period, reflecting a growth of about 22.08% [3][9]. International Expansion - Dongshan Precision has acquired 100% of Groupe Mécanique Découpage (GMD Group) for approximately 1 billion euros (about 814 million yuan) and has successfully completed the debt restructuring, marking a strategic move to enhance its global footprint in the automotive parts sector [3][11]. - The company reported that in the first half of 2025, domestic sales accounted for 22.34% of total revenue, while international sales made up 77.66%, indicating a strong focus on global markets [11]. Recent Developments - The company submitted its application for H-share issuance and listing on the Hong Kong Stock Exchange on November 18, 2023, following a two-month preparation period [4][5]. - Dongshan Precision has established over 70 wholly-owned, holding, and joint ventures globally, collaborating with top-tier clients across various industries [6].

Core Viewpoint - The stock of Tianjin Jingwei Huirun Optoelectronics Co., Ltd. has shown fluctuations in trading performance, with a recent increase of 2.12% and a year-to-date increase of 8.82%, despite a decline in revenue and net profit for the first nine months of 2025 [1][2]. Financial Performance - As of September 30, 2025, the company reported a revenue of 1.915 billion yuan, a year-on-year decrease of 26.90% [2]. - The net profit attributable to shareholders was -9.267 million yuan, reflecting a year-on-year decrease of 114.11% [2]. - The company has cumulatively distributed 301 million yuan in dividends since its A-share listing, with 28.72 million yuan distributed over the past three years [3]. Stock Market Activity - The stock price reached 10.12 yuan per share with a trading volume of 264 million yuan and a turnover rate of 5.04% [1]. - The stock has experienced a 4.71% decline over the last five trading days and a 4.08% decline over the last 20 days, while showing a 15.79% increase over the last 60 days [1]. - The company has appeared on the "Dragon and Tiger List" once this year, with a net purchase of 127 million yuan on October 20 [1]. Shareholder Information - As of September 30, 2025, the number of shareholders was 43,800, a decrease of 11.27% from the previous period, with an average of 12,041 circulating shares per person, an increase of 12.70% [2]. - Hong Kong Central Clearing Limited is the eighth largest circulating shareholder, holding 2.9249 million shares as a new shareholder [3]. Business Overview - The company, established on March 1, 1999, and listed on September 17, 2010, specializes in the research, production, and sales of LCD displays, touch display modules, electromagnetic wires, and reactors [2]. - The main revenue sources include copper products (39.90%), LCD display modules (21.49%), and touch display modules (20.56%) [2]. - The company operates within the electronics sector, specifically in the optical optoelectronics and panel industry, and is involved in various concept sectors such as DC transmission and smart grids [2].

Core Insights - The 2025 Hurun Rich List highlights the significant wealth increase of the Yuan family, with a net worth of 44 billion RMB, marking a 226% growth compared to the previous year, and a rise of 241 places in the rankings [1][2] - Yuan's family wealth primarily stems from Dongshan Precision, a key player in the electronic circuit industry, which has expanded its business through strategic acquisitions and product diversification [1][2] Company Performance - For the first three quarters of 2025, Dongshan Precision reported a total revenue of 27.071 billion RMB, reflecting a year-on-year growth of 2.28%, while net profit attributable to shareholders was 1.223 billion RMB, up 14.61% [2] - In Q3 2025, the company experienced a "revenue without profit" scenario, with revenue of 10.115 billion RMB (up 2.82%) but a net profit decline of 8.19% to 465 million RMB [2] - The increase in financial assets and prepayments by 504.53% and 2851.85% respectively, is attributed to the planned acquisition of Solstice Optoelectronics for up to 5.935 billion RMB [2] Strategic Initiatives - Dongshan Precision is actively pursuing an internationalization strategy by planning to issue H-shares and list on the Hong Kong Stock Exchange, with the board's approval received on October 15 [3] - The company aims to enhance its global brand influence and optimize production capacity through ongoing acquisitions, including the planned purchase of the French GMD Group [3]

Group 1 - The company Dongshan Precision announced plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance its international strategy and brand recognition [1] - In the first half of 2025, Dongshan Precision achieved total revenue of 16.955 billion yuan, a year-on-year increase of 1.96%, and a net profit attributable to shareholders of 758 million yuan, a year-on-year increase of 35.21% [3] - The company's gross profit margin improved due to reduced depreciation costs and ongoing structural adjustments in its LED business [3] Group 2 - Dongshan Precision's AI strategy focuses on building competitive hardware infrastructure to meet the demands of the AI industry ecosystem, with a focus on high-end PCBs and optical modules for AI computing power [3] - The current optical chip market is experiencing a supply shortage driven by the demand for high-speed optical modules, particularly for products with speeds of 800G and above [4] - The expansion cycle for optical chips is approximately one year, with an additional three years required for customer validation, while optical module expansion can respond more flexibly to customer demand [4]

Core Viewpoint - Dongshan Precision (002384) is focusing on enhancing its core business in electronic circuits and related products, aiming for performance growth through increased R&D and new capacity investments, while also addressing industry opportunities brought by technological breakthroughs [2]. Group 1: Company Performance - In the first half of 2025, the company reported a main revenue of 16.955 billion yuan, a year-on-year increase of 1.96% [3]. - The net profit attributable to shareholders was 758 million yuan, reflecting a year-on-year increase of 35.21% [3]. - The net profit excluding non-recurring items was 657 million yuan, up 27.28% year-on-year [3]. - The company's second-quarter revenue was 8.353 billion yuan, a year-on-year decrease of 5.98% [3]. - The second-quarter net profit attributable to shareholders was 302 million yuan, a year-on-year increase of 11.39% [3]. - The company reported a debt ratio of 56.29% and a gross profit margin of 13.59% [3]. Group 2: Future Outlook - The company aims to achieve significant growth in its new energy business, although future revenue growth rates will depend on industry development and competitive landscape [2]. - The company has set a target to enhance market value and operational performance, focusing on innovation-driven development and seizing industry opportunities [2]. Group 3: Analyst Ratings and Predictions - Over the past 90 days, 11 institutions have rated the stock, all giving a buy rating, with an average target price of 60.4 yuan [4]. - Detailed profit forecasts from various institutions indicate expected net profits for 2025 ranging from approximately 2.524 billion yuan to 3.068 billion yuan [6]. - The financing data shows a net inflow of 869 million yuan in the last three months, indicating increased investor interest [6].

Core Viewpoint - Dongshan Precision (002384) reported a steady growth in revenue and a significant increase in net profit for the first half of 2025, indicating strong operational performance and strategic positioning in the electronic manufacturing sector [2] Financial Performance - The company achieved an operating revenue of 16.955 billion yuan, a year-on-year increase of 1.96% [2] - Net profit attributable to the parent company was 758 million yuan, reflecting a year-on-year growth of 35.21% [2] - Basic earnings per share stood at 0.45 yuan [2] Business Operations - Dongshan Precision focuses on the research, production, and sales of electronic circuit products, precision components, touch display modules, and LED display devices, serving various industries including consumer electronics, new energy vehicles, communication equipment, industrial equipment, AI, and medical devices [2] - The company is capitalizing on the rapid growth of the electronic circuit industry and maintaining its competitive edge in the core components of new energy vehicles [2] - The breakthrough in AI technology is expected to drive explosive growth in demand for data servers, presenting new development opportunities for the company [2] Strategic Expansion - To seize market opportunities in AI servers, the company is actively pursuing the acquisition of Solstice Optoelectronics for up to 5.935 billion yuan to enter the optical module market [3] - Dongshan Precision is also expanding its presence in Europe by acquiring 100% of French GMD for approximately 1 million euros, alongside a debt restructuring plan [3] Capital Operations - The company successfully completed a private placement of A-shares, raising a total of 1.4 billion yuan to support business development needs [3] - A share buyback plan was initiated for employee stock ownership or equity incentives, with 4.2022 million shares repurchased, accounting for 0.2463% of the total share capital [3]

Core Insights - Dongshan Precision (002384) reported a revenue of 16.955 billion yuan for the first half of 2025, a year-on-year increase of 1.96%, and a net profit attributable to shareholders of 758 million yuan, up 35.21% year-on-year, with basic earnings per share of 0.45 yuan [1] Group 1: Business Performance - The company capitalized on the rapid growth of the electronic circuit industry and maintained its competitive advantage in core components for new energy vehicles, actively promoting new product development and customer expansion [1] - The breakthrough in AI technology has increased capital expenditure by cloud vendors on computing power data centers, leading to an explosive growth in demand for data servers, presenting new development opportunities for related industries [1] Group 2: Strategic Acquisitions and Investments - To seize market opportunities in AI servers, the company is actively pursuing the acquisition of Solstice Optoelectronics for up to 5.935 billion yuan to enter the optical module market [2] - The company also participated in the acquisition of 100% of French GMD to enhance its market scale in the automotive components sector, with a total transaction amount of approximately 1 million euros [2] Group 3: Capital Operations - The company successfully completed a private placement of A-shares on June 18, raising a total of 1.4 billion yuan, primarily to supplement working capital for business development needs [2] - A share repurchase plan was initiated for employee stock ownership plans or equity incentives, with a total of 4.2022 million shares repurchased, accounting for 0.2463% of the total share capital, with a total transaction amount of 100 million yuan [2]