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隆扬电子(301389) - 2025年11月12日 投资者关系活动记录表

Group 1: Financial Performance - The company achieved a revenue of 291.2 million yuan in Q3 2025, representing a year-on-year growth of 39.54% [3] - The net profit attributable to the parent company for Q3 2025 was 81.72 million yuan, reflecting a year-on-year increase of 55.19% [3] Group 2: Mergers and Acquisitions - The two acquired companies belong to the same industry and will create significant synergies, optimizing supply chain management and reducing production costs [3] - The acquisitions will enhance the company's core competitiveness in self-research capabilities due to the strong technical background and innovation capacity of the acquired firms [3] - The complementary client bases of the acquired companies will facilitate product integration and expand the existing customer pool [3] Group 3: Product Development - The company has developed HVLP5 high-frequency and high-speed copper foil with low surface roughness and high peel strength, suitable for applications in AI servers [3] - Samples of HVLP5 copper foil have been sent to several leading copper-clad laminate manufacturers in China and Japan for verification [3] - The first cell factory has been completed, with equipment installation currently underway [3] Group 4: Cash Flow and Investments - The decrease in cash funds is primarily due to cash payments for acquiring 51% of Changzhou Weisi Shuanglian and 70% of Suzhou Deyou New Materials [3]