Financial Performance - In the first three quarters of 2025, the total operating revenue of Cixing Co., Ltd. was 1.489 billion yuan, a year-on-year decrease of 16.54% [2] - The net profit attributable to the parent company was 122 million yuan, down 60.71% year-on-year [2] - The gross profit margin was 31.10%, and the net profit margin was 8.15%, but the operating cash flow per share was negative, indicating short-term operational pressure [2] Stock Performance - In February 2026, Cixing's stock price experienced significant fluctuations, with a drop of 2.06% on February 5 and a net outflow of 8.4664 million yuan in main funds [3] - On February 9, the stock price rose by 2.23%, closing at 7.35 yuan per share, with a net inflow of 3.4220 million yuan in main funds, bringing the total market value to approximately 5.884 billion yuan [3] - Year-to-date, the stock price has increased by 3.96%, but there has been a decline of 4.30% over the past 60 days, indicating mixed market sentiment [3] Recent Events - In May 2025, Cixing announced plans to acquire the defense technology company Shenyang Shunyi Technology Co., Ltd., but the transaction was terminated in August 2025 [4] - In January 2026, Beifang Changlong announced plans to cash purchase 51% of Shunyi Technology, mentioning that Cixing might participate, but the transaction is still in the intention stage and specific terms are pending negotiation [4] Company Status - In December 2025, the company showcased new technology products, such as upgraded computer flat knitting machines, at the Shanghai International Textile Industry Exhibition, aiming to expand into non-apparel application scenarios [5] - The company faces risks related to high accounts receivable and cash flow pressure, with accounts receivable accounting for 86.93% of the net profit attributable to the parent company as of the third quarter report [5]

Group 1 - The company Cixing Co., Ltd. announced a change in its auditing team for the 2025 fiscal year, appointing Zhu Dawei as the new signing registered accountant to replace Lv Yingqun due to internal adjustments at Tianjian Accounting Firm [2] - Wang Feihu will continue to serve as a signing registered accountant alongside Zhu Dawei for the company's 2025 audit services [2] - The project quality reviewer has also changed, with Ma Hequn replacing Long Qi as the new project quality reviewer for the 2025 audit services [2]

证券代码：300307 证券简称：慈星股份 公告编号：2026-004 宁波慈星股份有限公司 关于变更签字注册会计师及项目质量复核人的公告 宁波慈星股份有限公司（以下简称"慈星股份"或"公司"）于 2023 年 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 宁波慈星股份有限公司（以下简称"公司"）于 2025 年 4 月 14 日召开的 第五届董事会第十四次会议，2025 年 5 月 6 日召开的 2024 年度股东大会审议 通过了《关于聘任 2025 年度会计师事务所的议案》，同意续聘天健会计师事务 所（特殊普通合伙）（以下简称"天健事务所"）为公司 2025 年度财务报告及 内部控制的审计机构，具体内容详见公司于 2025 年 4 月 16 日在巨潮资讯网披 露的《关于拟聘任 2025 年度会计师事务所的公告》（公告编号：2025-013）。 近日，公司收到天健事务所出具的《关于变更签字注册会计师的函》及《关 于变更项目质量复核人的函》，现将相关事项公告如下： 一、签字注册会计师及项目质量复核人变更情况 天健事务所作为公司 2025 年度财务及内控审计机 ...

Core Viewpoint - Cixing Co., Ltd. (300307) has confirmed its focus on high-end RF BAW filters and related RF front-end devices for 5G and above frequency bands, achieving performance levels comparable to international first-tier brands [1] Group 1: Company Overview - Cixing Co., Ltd. is engaged in the research and production of high-end RF BAW filters and related RF front-end devices [1] - The company's products are designed to meet the demands of advanced applications, including 6G and satellite communications [1] Group 2: Industry Context - The development of high-end RF components is critical for the advancement of telecommunications technologies, particularly as the industry moves towards 6G and other high-frequency applications [1]

Group 1 - The core point of the article is that Cixing Co., Ltd. holds an 18.22% stake in Zhongchenhao, a small and medium-sized enterprise recognized as "specialized, refined, distinctive, and innovative" in Jiangsu Province, focusing on HJT, BC, and Topcon battery technologies [2] Group 2 - Zhongchenhao provides integrated solutions for printing processes and equipment configuration for its clients [2]

Financial Projections - The estimated net profit for 2025 is projected to be between 10,500 and 13,000 million CNY, representing a decline of 54.20% to 63.01% compared to the previous year[4]. - The estimated net profit after deducting non-recurring gains and losses is projected to be between 7,700 and 10,200 million CNY, reflecting a decrease of 28.13% to 45.74% year-over-year[4]. Factors Affecting Profit - The significant decline in net profit is primarily attributed to a decrease in operating income and the impact of non-recurring gains from the previous year amounting to 14,192.23 million CNY[6]. - The company anticipates that non-recurring gains will impact the current net profit by approximately 2,800 million CNY during the reporting period[7]. - The company faces substantial downward pressure on its revenue and profits due to complex international environments and cyclical industry factors affecting its horizontal machine business[7]. Investor Guidance - The specific financial data for the 2025 fiscal year will be detailed in the company's annual report, urging investors to make cautious decisions and be aware of investment risks[8].

证券代码：300307 证券简称：慈星股份 公告编号：2026-003 宁波慈星股份有限公司 关于聘任 2025 年度以简易程序向特定对象发行股票 专项审计机构的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 宁波慈星股份有限公司（以下简称"公司"）于 2026 年 1 月 30 日召开第六 届董事会第五次会议，审议通过了《关于聘任 2025 年度以简易程序向特定对象 发行股票专项审计机构的议案》，同意公司聘请政旦志远（深圳）会计师事务所 （特殊普通合伙）（以下简称"政旦志远"）为公司 2025 年度以简易程序向特 定对象发行股票的专项审计机构，由其为公司 2025 年度以简易程序向特定对象 发行股票提供专项审计服务。 一、聘任专项审计机构的情况说明 为顺利推进公司 2025 年度以简易程序向特定对象发行股票相关事宜，经过 综合评估及审慎考量，公司拟聘请政旦志远为公司 2025 年度以简易程序向特定 对象发行股票的专项审计机构，为公司提供专项审计服务。 本次聘任公司 2025 年度以简易程序向特定对象发行股票专项审计机构的事 项在公司 2024 年度股东 ...

证券代码：300307 证券简称：慈星股份 公告编号：2026-002 宁波慈星股份有限公司 具体内容详见同日在巨潮资讯网披露的《关于聘任 2025 年度以简易程序向 特定对象发行股票专项审计机构的公告》。 宁波慈星股份有限公司（以下简称"公司"）第六届董事会第五次会议的会 议通知于 2026 年 1 月 23 日以邮件的方式送达各位董事，会议于 2026 年 1 月 30 日在公司会议室以现场表决方式召开。会议应出席董事 9 人，实际出席董事 9 人。会议由孙平范董事长主持，公司高管列席了本次会议。本次会议召集和召开 程序符合《中华人民共和国公司法》等法律法规及《公司章程》有关规定。 二、董事会会议审议情况 经与会董事充分讨论，审议并形成了以下决议： 1、审议通过《关于聘任 2025 年度以简易程序向特定对象发行股票专项审计 机构的议案》 为顺利推进公司 2025 年度以简易程序向特定对象发行股票相关事宜，公司 聘任政旦志远（深圳）会计师事务所（特殊普通合伙）为公司 2025 年度以简易 程序向特定对象发行股票的专项审计机构，为公司提供专项审计服务。 本议案已经公司第六届董事会审计委员会审议通过。 本议案以 ...

Group 1 - Northern Long Dragon (301357) announced plans to acquire 51% of Shenyang Shunyi Technology Co., Ltd. for cash, which will make Shunyi Technology a subsidiary if the transaction is completed successfully [2][5] - The acquisition is expected to constitute a major asset restructuring, but will not change the controlling shareholder or actual controller of Northern Long Dragon [2] - The stock of Northern Long Dragon will not be suspended during the planning of this acquisition [2] Group 2 - Northern Long Dragon has signed a letter of intent with Shunyi Technology's shareholders, but the transaction is still in the planning stage, with specific terms yet to be negotiated [5] - Shunyi Technology, established in 2012, focuses on intelligent control technology and has five main product areas, primarily serving the defense technology sector [5] - The actual controller of Shunyi Technology, Li Yingshun, holds 54.34% of the shares directly and controls an additional 6.42% indirectly, giving him a total voting power of 60.76% [5] Group 3 - Shunyi Technology began listing guidance in May 2024, with Changjiang Securities as the advisory institution [5] - In May 2025, another A-share company, Cixing Co., Ltd. (300307), planned to acquire 75% of Shunyi Technology but terminated the transaction in August 2025 due to disagreements on commercial terms [6] - Both Northern Long Dragon and Shunyi Technology operate in the military industry, suggesting potential synergies in business and market resources [6] Group 4 - If Shunyi Technology is consolidated into Northern Long Dragon, it is expected to enhance the latter's performance, as Shunyi Technology has higher business scale and profitability [7] - Northern Long Dragon reported revenues of 108 million yuan and a net loss of 10.89 million yuan for 2024, while in the first three quarters of 2025, revenues were 122 million yuan with a net profit of 11.29 million yuan [7] - In comparison, Shunyi Technology's projected revenues for 2023 and 2024 are 284 million yuan and 225 million yuan, with net profits of 27.72 million yuan and 54.88 million yuan, respectively [7]

本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 证券代码：300307 证券简称：慈星股份 公告编号：2025-074 本次归属股票上市流通日：2025 年 12 月 31 日 本次归属股票数量：630.50 万股，占目前公司总股本的 0.79%，其中首次授予 部分第三个归属期限制性股票拟归属数量：510.00 万股，占目前公司总股本的 0.64%，预留授予部分第二个归属期限制性股票拟归属数量：120.50 万股，占目 前公司总股本的 0.15%。 宁波慈星股份有限公司 本次归属股票涉及人数：136 人，其中首次授予第二类限制性股票激励对象为 105 人，预留授予第二类限制性股票激励对象为 31 人 关于 2022 年限制性股票激励计划 首次授予部分第三个归属期及预留授予部分 第二个归属期归属结果暨股份上市的公告 股票来源：公司向激励对象定向发行的本公司 A 股普通股 宁波慈星股份有限公司（以下简称"公司"或"慈星股份"）于2025年12月3 日召开第六届董事会第四次会议，审议通过了《关于2022年限制性股票激励计划首 次授予部分第三个归属期归 ...