证券代码：837663 证券简称：明阳科技 公告编号：2025-113 明阳科技（苏州）股份有限公司 2025 年第二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 8 月 27 日 本次股东会的召集程序符合《公司法》、《公司章程》及有关法律、行政法规、 部门规章的规定。本次会议的召开无需其他相关部门批准或履行必要程序。 无。 （二）会议出席情况 出席和授权出席本次股东会的股东共 5 人，持有表决权的股份总数 94,720,487 股，占公司有表决权股份总数的 70.92%。 其中通过网络投票参与本次股东会的股东共 1 人，持有表决权的股份总数 59,400 股，占公司有表决权股份总数的 0.04%。 2.会议召开地点：公司会议室 3.会议召开方式：现场 4.会议召集人：董事会 5.会议主持人：董事长王明祥先生 6.召开情况合法合规的说明： （三）公司董事、监事、高级管理人员出席或列席股东会情况 1.公司在 ...

国浩律师（苏州）事务所 法律意见书 苏州工业园区 旺墩路 269 号圆融星座商务广场 1 幢 28 楼 邮编：215028 28/F，Tower 1，Harmony City，No.269，Wangdun Road，SIP，Suzhou PC：215028 电话/Tel：(86-512) 62720177 传真/Fax：(86-512) 62720199 电子信箱/E-mail：grandallsuzhou@grandall.com.cn 网址/Web：www.grandall.com.cn 国浩律师（苏州）事务所 关于 1 _____________________________________________________________________________ 国浩律师（苏州）事务所 法律意见书 明阳科技（苏州）股份有限公司 2025 年第二次临时股东会 之 法律意见书 致：明阳科技（苏州）股份有限公司 国浩律师（苏州）事务所（以下简称"本所"）接受明阳科技（苏州）股份有 限公司（以下简称"公司"）的委托，指派律师出席并就公司 2025 年第二次临时 股东会（以下简称"本次股东会"）相关事宜 ...

证券代码：837663 证券简称：明阳科技 公告编号：2025-112 明阳科技（苏州）股份有限公司 投资者关系活动记录表 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 □现场参观 □新闻发布会 □分析师会议 □路演活动 √其他 （投资者线上交流会） 二、 投资者关系活动情况 活动时间：2025 年 8 月 20 日 活动地点：公司会议室、线上会议 参会单位及人员：东吴证券、国泰海通证券、银河证券、长江证券、开源证 券、浙商证券、东北证券、万和证券、华鑫证券、南方基金、同泰基金、中信建 投基金、中金资管、趋势投资、盛熙私募基金、苏豪投资、肇万资产、国银资本。 上市公司接待人员：董事长、总经理王明祥，董事、副总经理、董事会秘书 沈旸，财务负责人李军超，证券事务代表倪超超 问题 2：原材料价格上涨的幅度如何？何种原材料价格上涨明显？如何看待 未来原材料价格走势？ 回复：部分主要原材料存在一定幅度上涨，例如钢带、铜粉、塑料粒子等。 未来主要 ...

Core Viewpoint - Six companies listed on the Beijing Stock Exchange have announced cash dividend distribution plans, with Jinbo Biological being the most generous, proposing a cash dividend of 10 yuan per 10 shares, totaling 115 million yuan [1] Summary by Category Dividend Distribution Plans - Jinbo Biological announced a cash dividend of 10 yuan per 10 shares, with a total cash payout of 115 million yuan [1] - Mingyang Technology and Jikang Technology follow with cash payouts of 30 million yuan and 24.72 million yuan respectively [1] Cash Dividend per Share - The companies with the highest cash dividends per 10 shares are: - Jinbo Biological: 10 yuan - Mingyang Technology: 2.246307 yuan - Zhuozhao Point Glue: 2.2 yuan [1] Cash Payout Ratios - The companies with the highest cash payout ratios relative to net profit are: - Mingyang Technology: 94.10% - Jikang Technology: 76.43% - Zhuozhao Point Glue: 67.42% [1]

Core Viewpoint - Mingyang Technology's revenue growth in the first half of the year is primarily driven by increased orders from existing major customers, with new customers contributing relatively little to revenue growth [1] Group 1: Revenue Growth - The company's major customers' orders have been continuously increasing, with a growth rate maintained between 20% and 30% [1] - Compared to 2024, the customer structure in the first half of the year remained relatively stable, with only the fifth largest customer changing [1] Group 2: Company Overview - Mingyang Technology specializes in the research, development, production, and sales of core components for automotive seat adjustment systems [1] - The company offers specialized customization services for high-performance, high-strength, high-precision, and high-difficulty components [1] - The product portfolio includes four major series: self-lubricating bearings, transmission rods, powder metallurgy parts, and metal powder injection molding parts, as well as adjustment mechanism assemblies [1]

证券代码：837663 证券简称：明阳科技 公告编号：2025-111 明阳科技（苏州）股份有限公司 √特定对象调研 □业绩说明会 □媒体采访 投资者关系活动记录表 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 √其他 （投资者线上交流会） □新闻发布会 □分析师会议 □现场参观 □路演活动 二、 投资者关系活动情况 活动时间：2025 年 8 月 18 日 活动地点：公司会议室、线上会议 参会单位及人员：华源证券、开源证券、同泰基金、中信建投基金、易方达 基金、中庚基金、联储证券、民生证券、中泰证券、东北证券、申万宏源证券、 第一创业证券、浙商证券、长城财富资管、光大保德信基金、晨鸣资管、思加资 本、誉辉资本、高竹私募基金、冰河资管、尚诚资管、朝景投资、星泰投资、泰 石投资、尚诚资管、国晖投资、冰剑投资、益和源资管、颐歌资管、九祥资管、 汇瑾资管、点石成鑫资管、同巨投资、青创伯乐投资、睿华资本、巨鹿投资、深 沃投资、天猊投资。 上市公司接待人员：董事、副总经理、董事会秘书沈 ...

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [5] Core Views - The company's business landscape is expected to continue expanding under the "specialization in main business + technological extension" strategy, with a year-on-year revenue growth of 31% in H1 2025 [5][8] - The company achieved a revenue of 167 million yuan in H1 2025, with a net profit attributable to shareholders of 31.88 million yuan [8] - The growth in revenue is driven by increased customer demand and improved production and sales volume, particularly in the context of the new energy vehicle market [8] Financial Performance - Revenue projections for the company are as follows: 2023: 258 million yuan, 2024: 304 million yuan, 2025E: 371 million yuan, 2026E: 449 million yuan, 2027E: 549 million yuan, with respective year-on-year growth rates of 24.31%, 18.04%, 21.76%, 21.18%, and 22.20% [7] - The net profit attributable to shareholders is projected to be 67 million yuan in 2023, 79 million yuan in 2024, 97 million yuan in 2025E, 119 million yuan in 2026E, and 146 million yuan in 2027E, with year-on-year growth rates of 30.59%, 18.93%, 22.41%, 22.65%, and 22.94% respectively [7] - The company’s earnings per share (EPS) are expected to increase from 0.50 yuan in 2023 to 1.09 yuan in 2027 [7] Business Strategy - The company focuses on two main strategies: deepening its core business by promoting automotive seat assembly components and expanding into new fields using its existing technologies [8] - The company plans to leverage its expertise in powder metallurgy and metal injection molding to explore new markets such as commercial vehicles, engineering machinery, and electric tools [8] - The company’s R&D expenses reached 11.16 million yuan in H1 2025, reflecting an 88% year-on-year increase, indicating a strong commitment to innovation and product development [8]

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Insights - The company reported a revenue growth of 31.03% year-on-year for H1 2025, reaching 167 million yuan, while the net profit attributable to shareholders decreased by 4.12% to 32 million yuan due to declining customer numbers and rising production costs [2] - All five product categories experienced steady revenue growth, with the seat adjustment assembly showing a significant increase of 93% year-on-year [3] - The company is positioned in the high-value component segment of automotive seats, focusing on high-performance and high-precision parts, and has made breakthroughs in the development of new products [4] Financial Performance Summary - For H1 2025, the company achieved a gross margin of 39.14%, down 5.09 percentage points year-on-year, and a net profit margin of 19.04%, down 6.98 percentage points year-on-year [2] - The company's revenue forecast for 2025 is 400.45 million yuan, with a projected net profit of 87 million yuan, reflecting a growth rate of 9.95% [9] - The earnings per share (EPS) for 2025 is estimated at 0.65 yuan, with a price-to-earnings (P/E) ratio of 37.88 based on the latest diluted EPS [1][9]

证券代码：837663 证券简称：明阳科技 公告编号：2025-108 明阳科技（苏州）股份有限公司 | 截至期初累计发生额 | 项目投入 | B1 | 8,048.47 | | --- | --- | --- | --- | | | 利息收入净额 | B2 | 130.77 | | 本期发生额 | 项目投入 | C1 | 1,467.35 | | | 利息收入净额 | C2 | 11.59 | | 截至期末累计发生额 | 项目投入 | D1=B1+C1 | 9,515.82 | | | 利息收入净额 | D2=B2+C2 | 142.36 | | 应结余募集资金 | | E=A-D1+D2 | 3,381.88 | | 实际结余募集资金 | | F | 3,381.88 | | 差异 | | G=E-F | 0.00 | 2025 年半年度募集资金存放、管理与实际使用情况的专 项报告 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、募集资金基本情况 （一）实际募集资金金额和资金到账时间 根据中国证 ...

证券代码：837663 证券简称：明阳科技 公告编号：2025-110 明阳科技（苏州）股份有限公司 关于 2025 年第二次临时股东会增加临时提案的公告 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、 召开会议基本情况 明阳科技（苏州）股份有限公司定于 2025 年 8 月 27 日召开 2025 年第二次临时股 东会，股权登记日为 2025 年 8 月 20 日，有关会议事项详见公司于 2025 年 8 月 12 日在 北京证券交易所官网披露的《关于召开 2025 年第二次临时股东会通知公告（提供网络 投票）》，公告编号：2025-068。 二、 增加临时提案的情况说明 （一）提案程序 2025 年 8 月 15 日，公司董事会收到单独持有 46.14%股份的股东王明祥书面提交的 《关于提请明阳科技（苏州）股份有限公司 2025 年第二次临时股东会增加临时议案的 函》，提请在 2025 年 8 月 27 日召开的 2025 年第二次临时股东会中增加临时提案。 （二）临时提案的具体内容 议案一《关 ...