Core Viewpoint - DIGIWIN CO., LTD. is issuing convertible bonds to raise funds for its digital empowerment platform project, amidst a competitive landscape in the industrial software sector [1][7]. Company Overview - Company Name: DIGIWIN CO., LTD. - Stock Code: 300378 - Registered Capital: 271,392,830 RMB - Established: December 26, 2001 - Headquarters: Shanghai, China [19]. Fundraising Details - The company plans to issue convertible bonds to unspecified investors, with the total amount not exceeding 827.6642 million RMB [19]. - The funds will primarily be allocated to the digital empowerment platform project, which may face risks related to market conditions and technological advancements [6][7]. Market Competition - The industrial software market in China is experiencing rapid growth, leading to intensified competition from both local and international players, including Siemens and SAP [2][3]. - Companies must maintain strong R&D capabilities and provide comprehensive solutions to remain competitive [3]. Financial Performance - The company's gross profit margins for recent periods were reported as 65.32%, 61.91%, and 58.25%, indicating potential fluctuations due to rising labor costs and market competition [4][5]. - Accounts receivable have increased significantly, with values of 263.7764 million RMB and 446.8785 million RMB reported in recent periods, raising concerns about cash flow [4]. Risks Associated with Operations - The company faces risks related to the recovery of accounts receivable, supplier concentration, and the absence of a controlling shareholder, which may affect operational efficiency and decision-making [4][5]. - The anticipated benefits from the fundraising project may not materialize due to changes in market demand or project execution challenges [6]. Profit Distribution Policy - The company prioritizes cash dividends, with a policy that allows for distributions based on profitability and cash flow, ensuring that shareholder interests are protected [10][12]. - Recent cash dividends were 2.67034 million RMB in 2022, 3.07899 million RMB in 2023, and 0.80947 million RMB in 2024, reflecting a consistent approach to shareholder returns [16].

Core Viewpoint - Dingjie Smart Co., Ltd. is issuing convertible bonds to unspecified objects, with the underwriting and sponsorship provided by Industrial Securities Co., Ltd. The issuance aims to raise funds for specific projects and working capital, complying with relevant laws and regulations [1][9]. Group 1: Issuance Details - The issuance involves convertible bonds with a total investment amount of 115,121.30 million RMB, of which 82,766.42 million RMB will be used from the raised funds [24]. - The bonds will have a term of 6 years and will be issued at a face value of 100.00 RMB each [26]. - The initial conversion price will be determined based on the average trading price of the company's stock prior to the announcement [27]. Group 2: Company Background - Dingjie Smart Co., Ltd. was established on December 26, 2001, with a registered capital of 27,139.2830 million RMB [3]. - The company operates in software sales, development, outsourcing services, and various technology consulting services [3]. Group 3: Financial Health - The company reported net cash flows from operating activities of 19,792.00 million RMB, 10,818.31 million RMB, and 4,992.60 million RMB for the years 2022, 2023, and 2024 respectively, with a negative cash flow of -4,552.41 million RMB for the first half of 2025 [16]. - The average distributable profits over the last three years are sufficient to cover the interest on the bonds [14]. Group 4: Compliance and Governance - The company has established a governance structure that includes a board of directors, supervisory board, and senior management, ensuring compliance with the Company Law and Securities Law [12][18]. - The company has not faced any administrative penalties from the China Securities Regulatory Commission in the last three years [21]. Group 5: Use of Proceeds - The funds raised will be allocated to the "Dingjie Smart Ecological Empowerment Platform" project and to supplement working capital, aligning with national industrial policies [23]. - The company will not use the raised funds for loss compensation or non-productive expenditures [23].

Core Viewpoint - Dingjie Smart Co., Ltd. is issuing convertible bonds to unspecified objects, aiming to raise funds for its digital empowerment platform project and to supplement working capital, aligning with national industrial policies and market demands [1][21]. Company Overview - Dingjie Smart Co., Ltd. was established on December 26, 2001, with a registered capital of 271.39 million yuan and is listed on the Shenzhen Stock Exchange under the stock code 300378.SZ [1][2]. - The company specializes in providing integrated digital solutions for the manufacturing and distribution industries, focusing on intelligent manufacturing and digital transformation [2][3]. Business Strategy - The company is implementing a strategy centered around "Intelligent+" to enhance its service offerings in artificial intelligence, industrial internet, and smart manufacturing, while continuously innovating its product services [3]. - Dingjie Smart has expanded its business scope to cover four major categories of industrial software, integrating advanced technologies such as AI, big data, IoT, and cloud computing [3]. Financial Data - As of June 30, 2025, the total assets of the company are 361,857.79 million yuan, with total liabilities of 118,407.60 million yuan, resulting in shareholders' equity of 243,450.19 million yuan [4]. - The company reported a net profit of 4,408.23 million yuan for the first half of 2025, with total revenue of 104,492.87 million yuan [4]. Key Financial Indicators - The company's liquidity ratios are as follows: current ratio of 1.70 and quick ratio of 1.60 as of June 30, 2025 [5]. - The asset-liability ratio on a consolidated basis is 32.72% [5]. Risks and Challenges - The company faces risks related to the implementation of its fundraising projects, including potential delays or failures in achieving expected benefits from the digital empowerment platform project [6]. - There is a risk of increased competition in the industrial software market, with both domestic and international players intensifying their efforts [10]. Convertible Bond Issuance - The company plans to issue convertible bonds with a total amount not exceeding 827.66 million yuan, with a maturity of six years [13][21]. - The bonds will be issued at face value of 100 yuan each, targeting a wide range of investors [13][14]. Governance and Compliance - The company has established a robust governance structure, complying with relevant laws and regulations, ensuring that all necessary procedures for the bond issuance have been followed [20][21].

Redemption Overview - The company has triggered the conditional redemption of "Xizi Convertible Bonds" due to the stock price being at least 130% of the conversion price for 15 trading days from July 23, 2025, to August 28, 2025, which is 14.29 CNY per share [1][2] - The company will redeem all outstanding "Xizi Convertible Bonds" registered as of the redemption registration date [2] Conditional Redemption Terms - The conditional redemption can occur if either of the following conditions is met: 1. The company's stock price remains above 130% of the conversion price for at least 15 out of 30 consecutive trading days 2. The total amount of unconverted bonds is less than 30 million CNY [2] - The interest calculation for the redemption price is based on the formula: IA = B × i × t / 365, where IA is the accrued interest, B is the total face value of the bonds held, i is the annual coupon rate, and t is the number of days [2][3] Redemption Implementation Arrangements - The redemption price is set at 101.12 CNY per bond, which includes accrued interest calculated to be approximately 1.12 CNY per bond [3][4] - The redemption will be executed for all bondholders registered by the close of trading on September 19, 2025, and the bonds will be delisted from the Shenzhen Stock Exchange after redemption [3][4] Additional Information - Bondholders must process conversion requests through their respective securities companies, and any unconverted bond balance will be paid in cash along with accrued interest within five trading days [5] - The company confirms that there have been no transactions in "Xizi Convertible Bonds" by major stakeholders in the six months leading up to the redemption conditions being met [4]

Summary of Key Points Core Viewpoint - The announcement details the internal transfer of shares among the controlling shareholders and their concerted actions, as well as the planned reduction of shareholdings by certain shareholders due to family asset planning and personal financial needs [1][2][3]. Shareholding Structure - As of the announcement date, the controlling shareholder and its concerted actions hold a total of 34,223,657 shares, representing 16.97% of the total share capital [5]. - Specific shareholdings include: - Blue Ink 7 Fund: 4,890,000 shares (2.42%) - Blue Ink 8 Fund: 800,000 shares (0.40%) - Wang Zonghui: 12,507,741 shares (6.20%) - Zhao Shaoman: 9,812,074 shares (4.86%) - Xu Yun: 9,408,500 shares (4.66%) - Wang Kaituo: 8,231,874 shares (4.08%) [1][4][5]. Reduction Plans - Blue Ink 7 plans to transfer 1,400,000 shares to Zhang Lin and Zhang Lei through block trading, while Blue Ink 8 plans to transfer 800,000 shares to Yang Ming [2][6]. - Wang Zonghui plans to reduce his holdings by up to 611,436 shares through centralized bidding and 546,010 shares through block trading [2][6]. - Zhao Shaoman, Xu Yun, and Wang Kaituo also have specific reduction plans, with maximum reductions of 479,659 shares (0.24%), 459,931 shares (0.23%), and 882,064 shares (0.44%) respectively [2][6]. Internal Transfers - The transfers between Blue Ink 7 and Blue Ink 8 are classified as internal transfers among concerted actions and do not involve market reductions [3][7]. - The reduction plans will not lead to changes in the controlling shareholder or actual controller of the company [3][8]. Compliance and Commitments - The shareholders have committed to adhere to the relevant regulations regarding share transfers and reductions, ensuring compliance with the Shanghai Stock Exchange rules [7][8].

证券代码：603331 证券简称：百达精工 公告编号：2025-045 浙江百达精工股份有限公司 一、减持主体的基本情况 | 股东名称 阮吉林 | | | | | --- | --- | --- | --- | | 控股股东、实控人及一致行动人 □是 √否 | | | | | 5%以上股东 √是 直接持股 | □否 | | | | 股东身份 | | | | | 董事、监事和高级管理人员 | □是 | √否 | | | 其他：/ | | | | | 持股数量 11,033,700股 | | | | | 5.46% 持股比例 | | | | | IPO 前取得：3,322,643股 | | | | | 当前持股股份来源 协议转让取得：5,490,000股 | | | | | 其他方式取得：2,221,057股 | | | | | 注：其他方式取得为上市后公司以资本公积金转增股本取得的股份。 | | | | | 上述减持主体存在一致行动人： | | | | | 持股数量 | | | | | 股东名称 持股比例 一致行动关系形成原因 | | | | | （股） | | | | | 阮吉林 11,033,700 5.4 ...

智通财经APP讯，君实生物(688180.SH)公告，公司产品重组人源化抗IL-17A单克隆抗体(代号：JS005) 在治疗中重度斑块状银屑病的一项多中心、随机、双盲、平行、安慰剂对照的关键注册性Ⅲ期临床研究 (研究编号：JS005-005-III-PsO)中取得阳性结果，共同主要研究终点和关键次要终点均具有统计学显著 性和临床意义的改善。公司计划将于近期向监管部门递交该产品的上市许可申请。 （原标题：君实生物(688180.SH):抗IL-17A单抗治疗中重度斑块状银屑病的Ⅲ期临床研究达到主要研究 终点） ...

Core Viewpoint - The company has approved a differentiated cash dividend distribution plan, with a cash dividend of 0.25 yuan per share, following the resolution passed at the first extraordinary general meeting of shareholders in 2025 on August 18, 2025 [2][3]. Group 1: Dividend Distribution Details - The company will distribute a cash dividend of 2.5 yuan for every 10 shares held, amounting to a total cash dividend of approximately 121.86 million yuan (including tax) based on the adjusted total share capital of 487,453,751 shares [3][4]. - The cash dividend distribution will not include capital reserve transfers or stock dividends, and the remaining undistributed profits will be carried forward to future years [4][5]. - The reference price for the ex-dividend date will be calculated as the previous closing price minus the cash dividend of approximately 0.2478 yuan per share [4][5]. Group 2: Tax Implications - Individual shareholders holding shares for more than one year will be exempt from personal income tax on the dividend income, while those holding for less than one month will incur a 20% tax on the dividend [7][8]. - Qualified Foreign Institutional Investors (QFII) will have a 10% withholding tax applied to their dividend income, resulting in a net cash dividend of 0.225 yuan per share [7][8]. - For investors holding shares through the Shanghai-Hong Kong Stock Connect, the cash dividend will be distributed in RMB, and they may apply for any applicable tax treaty benefits [8].

Core Viewpoint - The company has announced a cash dividend distribution plan, with a payout of RMB 0.18 per share, totaling approximately RMB 1.81 billion for its shareholders [1][2]. Dividend Distribution Plan - The total share capital before the distribution is 10,037,480,544 shares, with a total cash dividend of RMB 1,806,746,497.92 to be distributed [2]. - The cash dividend for A shares amounts to RMB 1,073,156,497.92, based on the A share capital of 5,961,980,544 shares [2]. Relevant Dates - The record date for the dividend is September 15, 2025, with the last trading day being September 16, 2025, and the cash dividend payment date also on September 16, 2025 [2][3]. Implementation Method - The dividends will be distributed through China Securities Depository and Clearing Corporation Limited Shanghai Branch to shareholders registered by the record date [2]. - Shareholders who have designated trading can receive their cash dividends on the payment date at their designated securities firms [2]. Taxation Policies - For individual shareholders holding A shares for over one year, the cash dividend is exempt from personal income tax, resulting in a net payout of RMB 0.18 per share [4]. - For shares held for one year or less, tax will be calculated based on the holding period, with a maximum tax burden of 20% for shares held for one month or less [4]. - Qualified Foreign Institutional Investors (QFII) will have their dividends subject to specific tax regulations, with the company responsible for withholding taxes as per the applicable laws [5][7]. Stock Incentive Plan Adjustment - Following the dividend distribution, the company will adjust the repurchase price of restricted stock options granted under the 2021 A-share incentive plan [6]. Contact Information - For inquiries regarding the dividend distribution, shareholders can contact the company's board secretary office at the provided contact details [8].

证券代码：688334 证券简称：西高院 公告编号：2025-043 西安高压电器研究院股份有限公司2025年半年度权益分派实 施公告 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： ? 是否涉及差异化分红送转：否 ? 每股分配比例 每股现金红利0.231元 本次利润分配以方案实施前的公司总股本316,579,466股为基数，每股派发现 金红利0.231元（含税），共计派发现金红利73,129,856.65元。 三、 相关日期 股权登记日 除权（息）日 现金红利发放日 四、 分配实施办法 无限售条件流通股的红利委托中国结算上海分公司通过其资金清算系统向股 权登记日上海证券交易所收市后登记在册并在上海证券交易所各会员办理了指定 交易的股东派发。已办理指定交易的投资者可于红利发放日在其指定的证券营业 部领取现金红利，未办理指定交易的股东红利暂由中国结算上海分公司保管，待 办理指定交易后再进行派发。 公司全部有限售条件流通股股东中国西电电气股份有限公司、中国电气装备 集团投资有限公司、平高集团有限公司、西安智测壹号 ...