Group 1 - The company is currently in the process of verifying its HVLP5 copper foil products with downstream customers [2] - There are no confirmed orders or intention contracts for the HVLP5 copper foil at this time [2] - The interaction took place on an investor communication platform, indicating investor interest in the company's product pipeline [2]

Group 1 - The company has completed the construction of its first HVLP5 copper foil cell factory, and equipment installation is currently underway [2] - An investor inquired about the planned production capacity of the first cell factory and the construction timeline for the second cell factory [2]

Core Viewpoint - Longyang Electronics is currently advancing the verification of its HVLP5 copper foil products with downstream customers, specifically targeting CCL manufacturers for application scenarios determined by customer needs [1] Company Summary - Longyang Electronics is in the process of validating its HVLP5 copper foil products with downstream clients [1] - The customers receiving samples are CCL manufacturers, indicating a focus on the specific requirements of these clients for end products [1]

Group 1 - The core viewpoint of the news is that Longyang Electronics (SZ 301389) is actively engaging with investors, indicating a focus on transparency and communication regarding its business operations [1] - Longyang Electronics will participate in an investor survey on November 12, 2025, with key representatives from the company present to address investor inquiries [1] - As of the latest report, Longyang Electronics has a market capitalization of 15.4 billion yuan [2] Group 2 - For the year 2024, Longyang Electronics' revenue composition is entirely from the manufacturing sector, with a 100.0% share [2]

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]

Financial Performance - The company achieved a revenue of 291.2 million yuan in Q3 2025, representing a year-on-year growth of 39.54% [2] - The net profit attributable to the parent company was 81.72 million yuan, with a year-on-year increase of 55.19% [2] Growth Drivers - The main business products include electromagnetic shielding materials and insulating materials, with a strong focus on the consumer electronics industry [2] - The company completed the acquisition of two subsidiaries, which are expected to enhance future revenue and profit [3] Product Development - The company is developing HVLP5 high-frequency and high-speed copper foil, characterized by low surface roughness and high peel strength, aimed at applications in AI servers [3] - Samples of HVLP5 have been sent to several leading copper-clad laminate manufacturers in China and Japan, with ongoing validation with downstream customers [3] Competitive Advantage - The company emphasizes technology as its core competency, leveraging years of technical accumulation and innovative processes to develop new products [3] - It aims to establish long-term stable partnerships with customers and is actively expanding new products and global production capacity [3] Compliance and Disclosure - The company adheres to the regulations of the Information Disclosure Management System, ensuring that all disclosed information is true, accurate, complete, timely, and fair [3]

Core Viewpoint - Longyang Electronics (301389.SZ) announced its cash dividend distribution plan for the third quarter of 2025, indicating a commitment to returning value to shareholders through cash dividends rather than stock bonuses or capital increases [1] Summary by Sections Dividend Distribution - The company will distribute a cash dividend of RMB 0.12 per share (including tax) to all shareholders, based on a total share capital of 284 million shares, minus 975,600 shares already repurchased, resulting in a base of 283 million shares [1] - The total cash dividend payout amounts to RMB 33.90 million [1] Key Dates - The record date for the dividend distribution is set for November 11, 2025, while the ex-dividend date is November 12, 2025 [1]

Group 1 - The core point of the article is that Longyang Electronics (301389.SZ) announced its cash dividend distribution plan for the third quarter of 2025, which includes a cash dividend of RMB 0.12 per share for all shareholders [1] - The total cash dividend to be distributed amounts to RMB 33.90 million, based on a total share capital of 284 million shares, minus 975,600 shares held in the repurchase account [1] - The record date for the dividend distribution is set for November 11, 2025, with the ex-dividend date on November 12, 2025 [1]

Core Points - The company has approved a cash dividend distribution plan for Q3 2025, with a total of 28.35 billion shares, deducting 975,600 repurchased shares, resulting in a base of 2.83 billion shares for the distribution [1] - The cash dividend is set at 1.2 yuan (including tax) per 10 shares, totaling 33.90 million yuan to be distributed to all shareholders, with no bonus shares or capital increase [1] - The record date for the dividend is November 11, and the ex-dividend date is November 12 [1] - The minimum reduction price commitment for relevant shareholders has been adjusted to 20.98 yuan per share [1]

证券代码：301389 证券简称：隆扬电子 公告编号：2025-084 隆扬电子（昆山）股份有限公司 关于2025年三季度权益分派实施的公告 本公司及董事会全体成员保证信息披露内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 特别提示： 1．根据《中华人民共和国公司法》《深圳证券交易所上市公司自律监管指引第9 号——回购股份》等规定，隆扬电子（昆山）股份有限公司（以下简称"公司"或 "本公司"）回购专用账户持有的本公司股份不享有参与本次利润分配的权利。公司 2025年三季度权益分派方案为：以公司现有总股本283,500,000股扣除回购专户上已回 购股份975,600股后的282,524,400股为基数，向全体股东每10股派发人民币现金红利 1.2元（含税），共计派发现金红利33,902,928.00元，不送红股，不以资本公积金转 增股本。 2．本次权益分派实施后，按股权登记日总股本（含回购股份）折算的每10股现金 红利（含税）=实际现金分红总额÷股权登记日的总股本×10股，即33,902,928.00元 ÷283,500,000股×10股=1.195870元（保留六位小数，最后一位直接截取，不四 ...