证券代码：834599 证券简称：同力股份 公告编号：2025-121 陕西同力重工股份有限公司 2025 年第三次临时股东会决议公告 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、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 9 日 2.会议召开地点：公司会议室 3.会议召开方式：现场投票和网络投票相结合 4.会议召集人：公司董事会 5.会议主持人：公司董事长樊斌先生 6.召开情况合法合规的说明： 公司已于 2025 年 8 月 22 日在北京证券交易所信息披露平台（www.bse.cn） 披露《陕西同力重工股份有限公司关于召开 2025 年第三次临时股东会通知公告 （提供网络投票）》（公告编号：2025-115）。 本次股东会会议召集、召开及议案审议程序符合《中华人民共和国公司法》 《北京证券交易所股票上市规则》等有关法律、行政法规、部门规章、规范性文 件和《陕西同力重工股份有限公司章程》的相关规定。 （二）会议出席情况 出席和授权出席本次股东会的股东共 15 ...

北京德恒(西安)律师事务所 关于 2025年第三次临时股东会 法律意见书 北京德恒（西安）律师事务所 DeHeng Law Offices（Xi'an） 西安市高新区丈八办团结南路 35 号高新新天地 T3 幢 36 层 陕西同力重工股份有限公司 电话: 029-81773718 邮编: 710065 同力股份 2025 年第三次临时股东会法律意见书 北京德恒(西安)律师事务所 北京德恒（西安）律师事务所 关于陕西同力重工股份有限公司 2025年第三次临时股东会 法律意见书 德恒 13G20250006-3 号 致:陕西同力重工股份有限公司 北京德恒(西安)律师事务所(以下简称"本所")接受陕西同力重工股份有限 公司(以下简称"公司")的委托,根据《中华人民共和国公司法》、《中华人民共 和国证券法》、中国证券监督管理委员会发布的《上市公司股东会规则》等有关法 律、行政法规、规范性文件以及《陕西同力重工股份有限公司章程》(以下简称"公 司章程")的规定,指派本所律师就公司2025年第三次临时股东会(以下简称"本次 股东会")相关事项进行了见证,并出具本法律意见书。本所指派的律师现场出席 了本次股东会。 对本法律 ...

Group 1 - The core viewpoint of the articles highlights the positive performance of companies listed on the Beijing Stock Exchange (北交所), with 274 companies reporting over 6% year-on-year revenue growth in the first half of the year, outperforming the overall A-share market [1] - In the second quarter, Beijing Stock Exchange companies achieved a total revenue of 50.547 billion yuan, representing a quarter-on-quarter growth of 21.75%, and a net profit of 3.133 billion yuan, with a quarter-on-quarter increase of 12.88% [1] - The top 50 companies by market capitalization on the Beijing Stock Exchange generated a total revenue of 37.474 billion yuan in the first half, with a year-on-year growth of 6.97%, and a net profit of 3.214 billion yuan, reflecting a year-on-year increase of 2.66% [1] Group 2 - Over 20 companies on the Beijing Stock Exchange plan to distribute mid-term dividends, with Jinbo Biological (锦波生物) proposing a cash dividend of 10 yuan per 10 shares, amounting to a total dividend of 115 million yuan [2] - The outlook for the Beijing Stock Exchange suggests a focus on technology growth, self-sufficiency, and sectors such as military and specialized small giant companies, which represent new productive forces [2] - Investment strategies for the second half of the year recommend focusing on new productive sectors like artificial intelligence and new consumption, as well as selecting companies based on financial metrics that show high growth potential and strong R&D investment [2]

Group 1 - The overall performance of companies listed on the Beijing Stock Exchange (BSE) shows a significant recovery trend in 2025H1, with total revenue reaching 92.04 billion yuan, a year-on-year increase of 5.98%, and net profit attributable to shareholders of 6.608 billion yuan, up 11.45% year-on-year [10][12][17] - The gross profit margin for BSE companies in 2025H1 is 22.68%, a decrease of 0.98 percentage points, while the net profit margin is 7.18%, an increase of 0.35 percentage points [12][19] - Compared to the ChiNext and STAR Market, the recovery trend in revenue and net profit growth for BSE is stronger, with revenue growth rates of 11.20 percentage points, 4.43 percentage points, and 2.10 percentage points respectively, and net profit growth rates of 33.66 percentage points, 12.94 percentage points, and 10.45 percentage points respectively [17][18] Group 2 - In terms of industry performance, all five major sectors in BSE achieved year-on-year revenue growth in 2025H1, with the following growth rates: high-end equipment (3.88%), information technology (3.72%), chemical new materials (7.39%), consumer services (7.88%), and pharmaceutical biology (8.29%) [18][19] - The net profit growth rates for the information technology and chemical new materials sectors narrowed, with increases of 6.05 percentage points and 42.26 percentage points respectively [18] - The average revenue and net profit for the top 15 companies by revenue and net profit in BSE were 1.583 billion yuan and 101 million yuan, reflecting year-on-year growth of 10.44% and 12.80% respectively [23][24] Group 3 - The BSE 50 Index closed at 1,574.25 points with a TTM PE ratio of 76.91X, indicating a stable valuation center [34][36] - The average daily trading volume for BSE A-shares was 33.361 billion yuan, a decrease of 21.69% from the previous week, with a daily turnover rate of 6.83%, down 1.69 percentage points [33][35] - The report highlights the importance of focusing on technology growth, self-sufficiency, and specialized small giant companies in the BSE, while cautioning against high valuation non-tech companies that may face volatility risks [3][31]

Core Viewpoint - The companies listed on the Beijing Stock Exchange (BSE) demonstrated strong resilience and vitality in their 2025 semi-annual reports, with a significant number achieving substantial revenue and profit growth despite a complex market environment [1][2]. Revenue Performance - A total of 208 companies reported revenues exceeding 100 million yuan, with 17 companies surpassing 1 billion yuan, marking them as the "revenue leaders" of the BSE [2]. - Among these, Better Ray (贝特瑞) led with a revenue of 7.838 billion yuan, a year-on-year increase of 11.36%, and a net profit of 479 million yuan [2]. - Other notable companies in terms of revenue include Yinuowei (一诺威) at 3.550 billion yuan, Tongli Co. (同力股份) at 3.169 billion yuan, and Ying Tai Bio (颖泰生物) at 2.966 billion yuan [2]. Profitability - Out of 223 companies, 82.29% reported positive net profits, indicating a robust profitability landscape [3]. - Seven companies achieved net profits exceeding 100 million yuan, with Better Ray again leading at approximately 479 million yuan, followed by Development Technology (开发科技) at 395 million yuan [3]. - Jinbo Bio (锦波生物) reported a revenue of 859 million yuan, a 42.43% increase year-on-year, and a net profit of 392 million yuan, reflecting a 26.65% growth [3]. Profit Growth - Approximately 50% of companies, or 136 in total, reported year-on-year growth in net profits, with 27 companies doubling their profits [4]. - Shibibai (拾比佰) turned a profit with a net profit of 29.226 million yuan, attributed to increased sales driven by government policies and improved internal management [4]. - Chuangyuan Xinke (创远信科) achieved a revenue of 111 million yuan, a growth of 18.44%, and a net profit of 6.3153 million yuan, marking a significant increase of 354.24% [4]. Dividend Distribution - Over 20 companies announced interim dividend plans, reflecting a commitment to returning value to investors [6]. - Jinbo Bio plans to distribute a cash dividend of 10 yuan per 10 shares, totaling approximately 115 million yuan [6]. - Guoxin Technology (广信科技) proposed its first dividend since listing, with a plan to distribute 6.56 yuan per 10 shares, amounting to around 60 million yuan [6].

Investment Rating - The report maintains a "Buy" rating for the company, expecting the stock price to outperform the market index by more than 15% in the next six months [7]. Core Views - The company has shown continuous improvement in performance, with a revenue of 3.169 billion yuan in the first half of 2025, representing a year-on-year increase of 12.69%. The net profit attributable to shareholders reached 321 million yuan, up 8.25% year-on-year [2][5]. - The company's gross profit margin for the first half of 2025 was 19.78%, an increase of 1.23 percentage points compared to the same period last year [5]. - The company is accelerating the development of autonomous driving models through partnerships with several development companies, aiming for large-scale commercial deployment in mining areas [5]. Summary by Sections Financial Performance - In the first half of 2025, the company achieved an operating income of 3.169 billion yuan, a year-on-year increase of 12.69%. The operating profit was 376 million yuan, up 8.19%, and the net profit attributable to shareholders was 321 million yuan, reflecting an 8.25% increase year-on-year [2][5]. - The second quarter of 2025 saw a single-quarter operating income of 1.633 billion yuan, a year-on-year growth of 1.10% and a quarter-on-quarter increase of 6.32%. However, the net profit attributable to shareholders decreased by 25.01% year-on-year and 28.34% quarter-on-quarter [5]. Business Segments - The revenue from wide-body dump trucks was 2.952 billion yuan, a year-on-year increase of 12.47%. Revenue from parts sales reached 138 million yuan, up 26.55% year-on-year [5]. - The company is focusing on the development of autonomous driving vehicles, collaborating with various companies to enhance the deployment of these products in mining operations [5]. Earnings Forecast - The expected earnings per share for 2025 and 2026 are 1.89 yuan and 2.14 yuan, respectively, with corresponding price-to-earnings ratios of 12 times and 10 times [5][6].

Core Insights - The "specialized and innovative" small giants are accelerating, with hidden champions in niche industries increasing their market share [1] - As of August 27, 2025, 192 out of 273 listed companies on the North Exchange have released their semi-annual reports, with a profitability rate of approximately 87.5% [1] - The majority of profitable companies are concentrated in the machinery equipment (24%), automotive (11%), electric power equipment (10%), and basic chemicals (10%) sectors [1] Revenue Performance - Nine companies on the North Exchange achieved revenue exceeding 1 billion yuan in the first half of 2025, with 150 companies surpassing 100 million yuan [3] - The top three companies by revenue are: - Innoway: 3.55 billion yuan - Tongli Co., Ltd.: 3.17 billion yuan - Yingtai Biotechnology: 2.97 billion yuan [4] Profitability - Three companies reported a net profit exceeding 100 million yuan, while 22 companies had a net profit over 50 million yuan [5] - Jinbo Biological, a leading company in the medical beauty and functional skincare sector, reported a net profit of 392 million yuan, a year-on-year increase of 26.65% [6][7] Growth Rates - Among the 22 companies that doubled their profits, Shibi Bai reported a staggering net profit growth of nearly 60 times, achieving a net profit of approximately 29.23 million yuan [9] - The company attributed its success to increased sales driven by government subsidies and improved internal management, leading to enhanced product quality and profit margins [9] Industry Trends - The machinery equipment sector has a high representation among the profitable companies, with Tongli Co., Ltd. being one of the notable firms with a market capitalization of approximately 10.31 billion yuan [9] - Tongli Co., Ltd. is actively advancing in the fields of new energy and autonomous driving, having delivered seven electric non-road dump trucks for a project in Mongolia [10]

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、 投资者关系活动类别 √特定对象调研 □业绩说明会 □媒体采访 证券代码：834599 证券简称：同力股份 公告编号：2025-120 陕西同力重工股份有限公司 投资者关系活动记录表 □现场参观 □新闻发布会 □分析师会议 □路演活动 □其他 二、 投资者关系活动情况 活动时间：2025 年 8 月 25 日 活动地点：线上交流会 参会单位及人员：西部证券，华夏久盈，开思基金，北大方正人寿保险，景 顺长城基金，兴华基金，平安理财，递归私募，东证融汇资管，华安资产，高腾 国际资产，国泰海通，中海基金管理有限公司,兴证全球基金管理有限公司,华夏 基金管理有限公司,中天汇富基金管理有限公司,开源证券股份有限公司,中泰证 券股份有限公司,长江证券股份有限公司,兴业证券股份有限公司,山西证券股份 有限公司,平安证券股份有限公司,泰石投资管理有限公司,尚诚资产管理有限责 任公司,冰剑投资管理有限公司,递归私募基金管理有限公司,三登投资管理合伙 企业(有限合伙),苏 ...

Group 1 - The core viewpoint of the news is that brokerage ratings are crucial for investors, with nearly 200 A-share listed companies receiving "buy" ratings on August 27, focusing on industries such as software development, chemical pharmaceuticals, gaming, chemical raw materials, beauty care, home appliances, and liquor [1][4]. Group 2 - Kingsoft Office received significant attention from brokerages, with eight reports in the past month, ranking first among stocks promoted by brokerages on August 27. The report from Cinda Securities highlighted a noticeable recovery in revenue growth and the positive impact of AI on efficiency [4][5]. - East China Pharmaceutical also garnered attention, with eight brokerage reports in the past month. Southwest Securities projected EPS for 2025-2027 to be 2.31 yuan, 2.48 yuan, and 2.71 yuan, maintaining a "buy" rating [4][5]. - Gigabit received multiple brokerage reports, indicating strong performance and growth potential in the gaming sector [4][5]. - Other companies such as Hualu Hengsheng, Marubi Biotechnology, Hisense Visual, Huadian Co., Ltd., Jianshiyuan, Poly Development, and Tongli Co., Ltd. also received attention from various brokerages in the past month [5].

Investment Rating - The investment rating for the company is "Buy" (maintained) [3] Core Views - The company is positioned for high growth through dual drivers of new energy and unmanned mining trucks, supported by technological empowerment and an overseas expansion strategy [3] - In H1 2025, the company achieved revenue of 3.169 billion yuan, a year-on-year increase of 12.69%, and a net profit attributable to the parent company of 321 million yuan, up 8.25% year-on-year [3][4] - The company is actively investing in the unmanned mining truck sector, which is expected to enhance its profitability due to high-margin products [4] Financial Performance Summary - In H1 2025, the company's gross margin was 19.78%, an increase of 1.23 percentage points year-on-year [3] - The company’s revenue projections for 2025-2027 are 8.58 billion yuan, 9.80 billion yuan, and 10.77 billion yuan respectively, with corresponding EPS of 1.86 yuan, 2.12 yuan, and 2.33 yuan [3] - The projected P/E ratios for 2025-2027 are 12.3, 10.7, and 9.8 times respectively [3] Product Penetration and Profitability - The penetration rate of unmanned mining trucks is accelerating, with a projected compound annual growth rate of 106.78% from 2023 to 2026 [4] - The gross margin for the company's wide-body dump trucks increased by 1.42 percentage points year-on-year in H1 2025, with margins for electric and unmanned vehicles around 20%, higher than traditional fuel vehicles [4] Strategic Partnerships - The company has partnered with several unmanned driving technology firms, including Yikong Zhijia, to enhance its technology supply chain for unmanned mining trucks [5] - The company invested 30 million yuan in Yikong Zhijia, acquiring a 0.62% stake, which strengthens its competitive position in the unmanned mining truck market [5]