Core Viewpoint - Jiangsu Linyang Energy Co., Ltd. is demonstrating strong confidence in its long-term development through multiple initiatives, including a share buyback plan, share cancellation, and a major shareholder's increase in holdings [1][2]. Group 1: Share Buyback and Cancellation - Linyang Energy plans to repurchase shares worth between 150 million to 300 million yuan, with a maximum price of 8.75 yuan per share, all intended for equity incentives [1]. - The company intends to cancel 18.949 million shares held in a repurchase account to enhance investor confidence and recognize the company's long-term value [1]. Group 2: Major Shareholder's Increase in Holdings - The controlling shareholder, Huahong Electronics, plans to increase its holdings by no less than 50 million yuan and no more than 100 million yuan within 12 months, aiming to stabilize the company's stock price and protect minority investors [1]. - On February 9, Huahong Electronics completed its first increase, acquiring 8.0318 million shares for approximately 49.9963 million yuan, raising its ownership from 35.10% to 35.49% [2]. Group 3: Strategic Business Development - Linyang Energy aims to enhance its value and operational performance by focusing on becoming a leading provider in the global smart grid, renewable energy, and energy storage sectors by 2026 [2]. - The company's initiatives are designed to create a synergistic effect, reflecting management's confidence in the company's operational prospects and commitment to protecting shareholder interests [2][3]. Group 4: Market Confidence and Strategic Actions - Experts suggest that investor confidence in listed companies relies on future growth potential and profitability, emphasizing the importance of a solid development foundation and clear growth paths [3]. - Linyang Energy's strategic actions are viewed as a well-coordinated effort to enhance shareholder value, stabilize market expectations, and lay the groundwork for long-term value growth through financial maneuvers and a clear industry blueprint [3].

Core Viewpoint - The company is actively optimizing its industrial layout, enriching its product structure, and enhancing product competitiveness while expanding its domestic and international customer base to increase market coverage [1] Group 1: Business Strategy - The company is closely tracking changes in customer demand and will flexibly adjust production capacity and product planning based on market feedback and business development [1] - The goal is to achieve efficient matching of supply and demand, continuously enhancing the company's overall competitiveness and market responsiveness [1] Group 2: Compliance and Disclosure - The company will strictly adhere to relevant laws and regulations regarding information disclosure for any future plans [1]

Core Viewpoint - The company aims to enhance its long-term strategic planning and developmental goals through the acquisition of a stake in Hanmeng Transmission and subsequent capital increase, focusing on synergistic effects in production, product development, and supply chain channels [1] Group 1: Strategic Objectives - The acquisition is intended to accelerate the company's strategic advancement in the core components of robotics, thereby expanding new business growth curves [1] - The collaboration with Hanmeng Transmission is expected to leverage both companies' resources and management experience to improve operational management standards [1] Group 2: Competitive Advantage - The transaction is designed to enhance the company's core market competitiveness and sustainable profitability by achieving resource and capability complementarity [1] - The partnership aims to yield favorable investment returns through effective cooperation with other shareholders of Hanmeng Transmission [1]

Core Viewpoint - The company is facing increasing competition in its traditional business and is actively exploring diversification strategies to enhance its resilience and growth potential [1] Group 1: Business Strategy - The company is committed to steady development of its core business while optimizing and expanding its business structure [1] - The subsidiary Kunshan Daya Automotive Parts Co., Ltd. plans to establish a wholly-owned subsidiary, Daya Intelligent, in the first half of 2025, focusing on various technology services and manufacturing related to robotics and composite materials [1] Group 2: Investment and Acquisitions - Daya Intelligent will engage in research, production, and manufacturing of robots and their components, as well as non-metal composite materials [1] - The company intends to acquire a 70% stake in Hanmeng Transmission through equity acquisition and capital increase, aiming to strengthen its core components business in robotics [1] Group 3: Financial Impact - The current business scale of Hanmeng Transmission is small, and the acquisition is not expected to significantly impact the company's overall financial status or short-term operating results [1] - The company will continue to enhance its industrial integration and strategic layout in the robotics sector, accumulating and strengthening relevant technological reserves [1]

Core Viewpoint - The company reported a revenue of 21,301,291,936.45 yuan for 2025, reflecting a year-on-year growth of 2.98%. However, the net profit attributable to shareholders decreased by 36.69% to 2,123,545,616.36 yuan [1]. Financial Performance - The company's revenue for 2025 reached 21.3 billion yuan, marking a 2.98% increase compared to the previous year [1]. - The net profit attributable to shareholders was reported at approximately 2.12 billion yuan, which represents a significant decline of 36.69% year-on-year [1].

Summary of Key Points Core Viewpoint - The company disclosed that as of September 30, 2025, it had a total of 36,172 registered shareholders, which includes 36,008 shareholders of RMB shares, 41 shareholders registered in the Hong Kong stock register, and 115 shareholders in the Swiss stock register [1]. Group 1 - The company reported that there are 36,164 registered shareholders of ordinary shares, which includes 36,008 RMB shares and 164 from other regions [1]. - The total number of registered holders of American Depositary Shares (ADS) is 8, contributing to the overall count of 36,172 [1]. - The company noted that the reported numbers do not include beneficial owners represented by brokers for ordinary shares and ADS held by agents [1].

Core Viewpoint - The company has decided not to exercise the early redemption rights for its convertible bonds, "洁美转债," during a specified period, indicating a strategic financial decision to maintain flexibility in capital management [1] Group 1 - The fifth meeting of the company's fifth board of directors was held on February 9, 2026, where the decision regarding the early redemption of "洁美转债" was made [1] - The company will not exercise the early redemption rights from February 10, 2026, to May 9, 2026, even if the conditional redemption clauses are triggered [1] - After May 9, 2026, the board will reconvene to decide on the early redemption rights if the bonds trigger the redemption clauses again [1]

（编辑 楚丽君） 证券日报网讯 2月9日，姚记科技发布公告称，公司于 2026 年 2 月 9 日召开第六届董事会第二十五次会 议，审议通过了《关于不提前赎回"姚记转债"的议案》。公司董事会决定本次不行使"姚记转债"的提前 赎回权利，且在未来三个月内（自 2026 年 2 月 10 日至 2026 年 5 月9 日）"姚记转债"再次触发有条件 赎回条款时，公司均不行使提前赎回权利。自 2026 年 5 月 9 日后首个交易日重新计算，若"姚记转 债"再次触发上述有条件赎回条款，届时董事会将另行召开会议决定是否行使"姚记转债"的提前赎回权 利。 ...

Group 1 - The core point of the article is the announcement of a change in the chairman of Sichuan Jinding, with Liang Fei stepping down and Zhao Zhibin being elected as the new chairman [1] - Liang Fei will continue to serve as a director and the chairman of the board's strategic committee [1] - The term for the newly elected chairman, Zhao Zhibin, will align with the current board's term, lasting from February 8, 2026, to May 4, 2026 [1]

Core Viewpoint - The company emphasizes the importance of market value management and shareholder returns, outlining its commitment to these areas through specific initiatives and performance metrics [1] Group 1: Market Value Management - The company has developed a market value management system and work plan for 2025, actively promoting the implementation of these plans [1] - The controlling shareholder has increased their stake in the company by approximately 2% in the secondary market [1] Group 2: Shareholder Returns - For the fiscal year 2024, the company plans to implement a cash dividend totaling 91.67 million yuan [1] - The company successfully achieved the first unlock period target of its 2022 restricted stock incentive plan, facilitating the flow and listing of restricted shares [1] Group 3: Performance Evaluation - The company received an A grade in the information disclosure work evaluation for listed companies on the Shenzhen Stock Exchange for the 2024-2025 period [1] - The company aims to continuously explore effective measures to stabilize and improve operational performance, thereby enhancing intrinsic value and actively rewarding investors [1]