证券代码：830839 证券简称：万通液压 公告编号：2025-070 山东万通液压股份有限公司 关于取消监事会、减少注册资本并拟修订《公司章程》的 公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个 别及连带法律责任。 一、修订内容 根据《公司法》及《上市公司章程指引》《北京证券交易所股票上市规则》等 相关规定，公司拟修订《公司章程》的部分条款，修订对照如下： | 原规定 | 修订后 | | --- | --- | | 第一条 为维护山东万通液压股份有 | 第一条 为维护山东万通液压股份有 | | 限公司（以下简称"公司"）、股东和债 | 限公司（以下简称"公司"）、股东、职 | | 权人的合法权益，规范公司的组织和 | 工和债权人的合法权益，规范公司的 | | 行为，根据《中华人民共和国公司法》 | 组织和行为，根据《中华人民共和国公 | | （以下简称"《公司法》"）、《中华人民 | 司法》（以下简称"《公司法》"）、《中华 | | 共和国证券法》（以下简称"《证券 | 人民共和国证券法》（以下简称"《证券 | | ...

一、会议召开基本情况 （一）股东会届次 本次会议为 2025 年第二次临时股东会。 证券代码：830839 证券简称：万通液压 公告编号：2025-069 山东万通液压股份有限公司 关于召开 2025 年第二次临时股东会通知公告（提供网络投票） 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个 别及连带法律责任。 （二）召集人 本次股东会的召集人为董事会。 （三）会议召开的合法合规性 本次股东会的召集程序符合《公司法》《公司章程》及有关法律法规、规范 性文件的规定。本次会议的召开无需其他相关部门批准或履行必要程序。 （四）会议召开方式 本次会议采用现场投票和网络投票相结合方式召开。 公司同一股东只能选择现场投票、网络投票中的一种方式，如果同一表 决权出现重复投票表决的，以第一次投票表决结果为准。 （五）会议召开日期和时间 1.股权登记日持有公司股份的股东。 股权登记日下午收市时在中国结算登记在册的公司全体股东（具体情况详见 下表）均有权出席股东会（在股权登记日买入证券的投资者享有此权利，在股权 登记日卖出证券的投资者不享有此 ...

证券代码：830839 证券简称：万通液压 公告编号：2025-068 山东万通液压股份有限公司 第四届监事会第十三次会议决议公告 本公司及监事会全体成员保证公告内容的真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个 别及连带法律责任。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2025 年 9 月 19 日 2.会议召开地点：公司会议室 3.会议召开方式：现场 4.发出监事会会议通知的时间和方式：2025 年 9 月 14 日以书面方式发出 1.议案内容： 根据《中华人民共和国公司法》《上市公司章程指引》以及《北京证券交易 所股票上市规则》等相关法律法规、规范性文件的规定，结合公司实际情况， 公司拟不再设置监事会，监事会的职权由董事会审计委员会行使。此外，公司 拟对回购专用证券账户中持有的 1,005,029 股股份予以注销，本次注销完成后， 公司注册资本将由 119,215,000 股变更为 118,209,971 股。基于上述变更，公司 拟对《公司章程》的相关条款进行修订，并提请股东会授权董事会及董事会委 派的相关人士办理工商变更登记 ...

Core Viewpoint - The article emphasizes the emergence of a new paradigm in China's economy, termed the "new new three samples," which includes robotics, artificial intelligence (AI), and innovative pharmaceuticals, as key drivers for high-quality economic development and a shift from traditional growth models to technology-led advancements [1][4][29]. Robotics Sector - The robotics sector has seen significant market capitalization growth, with companies like Huichuan Technology exceeding 200 billion yuan and several stocks doubling in price within the year [2][13]. - The market for industrial robots in China is projected to reach 302,000 units in 2024, maintaining its position as the largest industrial robot market globally [30]. - Key challenges include reliance on imported high-end servo motors and precision components, which need to be addressed to enhance domestic capabilities [33]. Artificial Intelligence Sector - The AI sector is characterized by a large number of high-value companies, with six firms exceeding a market cap of 100 billion yuan, including Cambricon and Hikvision [19]. - The demand for AI capabilities has surged, particularly in large model applications, leading to significant revenue growth for companies like Industrial Fulian and Cambricon, with year-on-year increases of 35.58% and 4347.82%, respectively [20]. - The sector is supported by national policies aimed at integrating AI into various industries, with a comprehensive action plan released to enhance AI's role in economic development [22]. Innovative Pharmaceuticals Sector - The innovative pharmaceuticals sector is represented by major players like Heng Rui Medicine, which is nearing a market cap of 500 billion yuan, and BeiGene, which recently achieved profitability [24][28]. - Recent policy measures have been introduced to support the development of innovative drugs, including streamlined approval processes and enhanced reimbursement mechanisms [27]. - The sector is witnessing a shift from loss-making to profitability, with companies like BeiGene demonstrating the commercial viability of innovative drug models [28]. Strategic Importance - The "new new three samples" signify a transition from scale-driven manufacturing to technology-driven innovation, crucial for enhancing China's global competitiveness and economic resilience [7][9][31]. - The collaboration among robotics, AI, and innovative pharmaceuticals creates a synergistic effect that strengthens overall productivity and fosters new business models [8][31]. - Addressing the "bottleneck" issues in these sectors is essential for sustaining growth and achieving leadership in global technology competition [32][33]. Policy Recommendations - To enhance competitiveness, policies should focus on data openness, regulatory reforms, and infrastructure development to support AI and innovative pharmaceuticals [35][38]. - Establishing a robust talent pipeline and fostering interdisciplinary education will be critical for sustaining innovation in these sectors [37][38]. - Encouraging public-private partnerships and international collaboration will further strengthen China's position in the global market [39].

Market Overview - On September 18, the engineering machinery sector declined by 1.28%, with Wantong Hydraulic leading the drop [1] - The Shanghai Composite Index closed at 3831.66, down 1.15%, while the Shenzhen Component Index closed at 13075.66, down 1.06% [1] Stock Performance - Notable gainers included: - Fushite (301446) with a closing price of 33.98, up 19.99% [1] - Zhongji United (605305) at 41.79, up 9.20% [1] - Changling Hydraulic (605389) at 57.02, up 6.84% [1] - Significant losers included: - Wantong Hydraulic (830839) at 43.42, down 5.42% [2] - Hangcha Group (603298) at 27.80, down 3.64% [2] - Anhui Heli (600761) at 21.59, down 3.18% [2] Capital Flow - The engineering machinery sector experienced a net outflow of 325 million yuan from main funds, while retail investors saw a net inflow of 393 million yuan [2][3] - Main fund inflows were led by Zhongji United (605305) with 84.05 million yuan, while Wantong Hydraulic (830839) saw a net outflow of 81.98 million yuan [3]

Market Performance - The engineering machinery sector increased by 2.81% on September 17, with Wantong Hydraulic leading the gains [1] - The Shanghai Composite Index closed at 3876.34, up 0.37%, while the Shenzhen Component Index closed at 13215.46, up 1.16% [1] Individual Stock Performance - Wantong Hydraulic (code: 830839) closed at 45.91, up 12.41% with a trading volume of 50,300 shares and a turnover of 221 million yuan [1] - Changling Hydraulic (code: 605389) closed at 53.37, up 10.00% with a trading volume of 27,100 shares [1] - Hangcha Group (code: 603298) closed at 28.85, up 8.09% with a trading volume of 180,100 shares and a turnover of 506 million yuan [1] - Zhonglian Heavy Industry (code: 000157) closed at 7.71, up 4.76% with a trading volume of 2,696,700 shares and a turnover of 2.043 billion yuan [1] Capital Flow Analysis - The engineering machinery sector saw a net inflow of 197 million yuan from institutional investors, while retail investors experienced a net outflow of 75.92 million yuan [2] - The main stocks with significant net inflows included Zhonglian Heavy Industry with 202 million yuan and Zhejiang Dingli with 89.57 million yuan [3] Summary of Stock Movements - The overall performance of the engineering machinery sector indicates a positive trend, with several key players showing substantial gains in both stock price and trading volume [1][2] - The capital flow data suggests a strong interest from institutional investors, contrasting with the outflows from retail investors, indicating a potential shift in market sentiment [2][3]

Core Viewpoint - The approval of targeted convertible bonds for companies listed on the Beijing Stock Exchange (BSE) marks a significant development in the financing landscape, with WanTong Hydraulic being the second company to receive such approval, following Youji Co. [1][2] Group 1: Company Developments - WanTong Hydraulic has received approval from the China Securities Regulatory Commission to issue up to 1.5 billion yuan in targeted convertible bonds, with a maximum of 1.5 million bonds to be issued [1][6] - Youji Co. was the first company to receive approval for targeted convertible bonds on July 19, with its bonds officially listed on September 9, indicating a successful initial launch of this financing tool on the BSE [2][4] - The targeted convertible bonds are designed for specific investors and can be converted into company shares under agreed conditions, differentiating them from public convertible bonds available to retail investors [2][4] Group 2: Market Dynamics - The secondary market for targeted convertible bonds typically does not allow for public trading, requiring investors to engage in over-the-counter transactions [4] - Institutional investors showed strong interest in Youji Co.'s targeted convertible bonds, with only 13.92% allocation among 24 participating investors, predominantly institutional [4][5] - The low liquidity of targeted convertible bonds makes them suitable for long-term holding by institutions, as they can reduce short-term selling pressure [5][8] Group 3: Regulatory and Market Context - The growth of targeted convertible bonds on the BSE is supported by regulatory changes that expanded their use beyond mergers and acquisitions to general financing needs [7][8] - The BSE's rules allow for higher conversion premium rates and more flexible terms, catering to the financing needs of innovative small and medium-sized enterprises [8][9] - The overall market for convertible bonds has seen a contraction, with the total outstanding amount dropping to 623.236 billion yuan, the lowest in five years, indicating a shift in market dynamics [9][10]

证券简称：万通液压 证券代码：830839 山东万通液压股份有限公司 山东省日照市五莲县山东路 1 号 向特定对象发行可转换公司债券 募集说明书 保荐机构（主承销商） 中国（上海）自由贸易试验区世纪大道 1198 号 28 层 二零二五年八月 声 明 本公司及控股股东、实际控制人、全体董事、监事、高级管理人员承诺定向发行可转债募集 说明书不存在虚假记载、误导性陈述或重大遗漏，并对其真实性、准确性、完整性承担相应的法 律责任。 公司负责人和主管会计工作的负责人、会计机构负责人保证定向发行可转债募集说明书中财 务会计资料真实、准确、完整。 对本公司发行证券申请予以注册，不表明中国证监会和北京证券交易所对该证券的投资价值 或者投资者的收益作出实质性判断或者保证。任何与之相反的声明均属虚假不实陈述。 根据《证券法》的规定，本公司经营与收益的变化，由本公司自行负责，由此变化引致的投 资风险，由投资者自行负责。 1-1-1 | | | | 第一节 | 重要提示 | 3 | | --- | --- | --- | | 第二节 | 释义 | 5 | | 第三节 | 上市公司基本情况 | 7 | | 第四节 | 本次证券发行概 ...

山东万通液压股份有限公司 关于向特定对象发行可转换公司债券获得中国证监会 证券代码：830839 证券简称：万通液压 公告编号：2025-066 注册批复的提示性公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 山东万通液压股份有限公司（以下简称"公司""发行人"）于近日收到中 国证券监督管理委员会《关于同意山东万通液压股份有限公司向特定对象发行可 转换公司债券注册的批复》（证监许可〔2025〕2004 号），同意公司向特定对象发 行可转换公司债券的注册申请，该批复自同意注册之日起 12 个月内有效。 公司本次向特定对象发行可转换公司债券的数量为不超过 1,500,000 张（含 本数）。公司董事会将按照上述批复文件要求及公司股东会的授权在规定期限内 办理本次向特定对象发行可转换公司债券相关事宜，并及时履行信息披露义务。 敬请广大投资者关注，并注意投资风险。 本次向特定对象发行可转换公司债券的发行人和保荐机构联系方式如下： 1、联系人：董事会办公室 二、保荐机构：长江证券承销保荐有限公司 1、联系人 ...

长江证券承销保荐有限公司 关于 山东万通液压股份有限公司 向特定对象发行可转换公司债券 之 发行保荐书 保荐机构（主承销商） 中国（上海）自由贸易试验区世纪大道 1198 号 28 层 二零二五年八月 声明 长江证券承销保荐有限公司（以下简称"长江保荐"或"保荐机构"）接受 山东万通液压股份有限公司（以下简称"万通液压"、"发行人"或"公司"）的 委托，担任其向特定对象发行可转换公司债券的保荐机构和主承销商。 本保荐机构及保荐代表人根据《中华人民共和国公司法》（以下简称"《公司 法》"）《中华人民共和国证券法》（以下简称"《证券法》"）《证券发行上市保荐业 务管理办法》（以下简称"《保荐业务管理办法》"）《北京证券交易所证券发行上 市保荐业务管理细则》（以下简称"《保荐业务管理细则》"）《北京证券交易所上 市公司证券发行注册管理办法》（以下简称"《注册管理办法》"）等法律、法规和 规范性文件及中国证监会和北京证券交易所的规定，诚实守信，勤勉尽责，严格 按照依法制定的业务规则和行业自律规范出具发行保荐书，并保证所出具文件的 真实性、准确性和完整性。 第一节 本次证券发行基本情况 一、保荐机构名称 长江证券承销保 ...