证券代码：920510 证券简称：丰光精密 公告编号：2025-122 青岛丰光精密机械股份有限公司 2025 年第四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 11 月 14 日 2、会议召开地点：青岛市胶州市上合示范区湘江路 78 号公司会议室。 3、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。 4、会议召集人：董事会。 5、会议主持人：会议由董事长李军先生主持。 6、召开情况合法合规的说明： 本次会议的召集、召开程序符合《公司法》和《公司章程》的相关规定,本 次会议合法有效。 2、公司董事会秘书出席会议； 3、公司其它高级管理人员列席会议。 1 二、议案审议情况 （一）审议通过《关于公司 2025 年度董事薪酬方案的议案》 1、议案表决结果： （二）会议出席情况 出席和授权出席本次股东会的股东共 4 名，持有表决权的股份总数 126,826,272 股，占公司有表决权股份总数的 6 ...

法律意见书 山东国曜琴岛（青岛）律师事务所 关于青岛丰光精密机械股份有限公司 2025 年第四次临时股东会的法律意见书 致：青岛丰光精密机械股份有限公司 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》"）、《北京证券交易所股票上市规则》 等有关法律、法规、规范性文件及《青岛丰光精密机械股份有限公司章程》（以 下简称"《公司章程》"）的有关规定，山东国曜琴岛（青岛）律师事务所（以 下简称"本所"）接受青岛丰光精密机械股份有限公司（以下简称"丰光精密" 或"公司"）的委托，指派本所律师出席 2025 年 11 月 14 日召开的丰光精密 2025 年第四次临时股东会（以下简称"本次会议"），并按照律师行业公认的业务标 准、道德规范和勤勉尽责精神，出具本法律意见书。 本所律师本次所发表的法律意见，仅依据本法律意见书出具日以前发生或存 在的事实并基于本所律师对有关法律、法规和规范性文件的理解而形成。在本法 律意见书中，本所律师仅就公司本次会议的召集和召开程序、出席会议人员和召 集人的资格、会议的表决程序和表决结果等事项进行核查和见证后发表法律意见， 不对本次会 ...

证券代码：920510 证券简称：丰光精密 公告编号：2025-121 青岛丰光精密机械股份有限公司 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 活动时间：2025 年 11 月 3 日 活动地点：全景网"投资者关系互动平台"（https://ir.p5w.net） 参会单位及人员：通过网络方式参与公司 2025 年三季度报告业绩说明会的 投资者。 上市公司接待人员： 公司董事长：李军先生； 公司董事、总经理：李伟先生； □路演活动 □其他 二、 投资者关系活动情况 公司董事、财务总监：王学良先生； 1 公司董事会秘书：杨雪女士。 三、 投资者关系活动主要内容 公司在 2025 年三季度业绩网上说明会上就投资者关心的问题进行了回 答，主要问题及公司对问题的回复概要如下： 问题 1、为什么公司的业绩下滑？ 回答：受下游客户需求收缩影响，公司部分客户订单减少，新工厂及新产 品 ...

Core Viewpoint - The company has fully commenced production at its Shanghai factory in Q3 2025, with a focus on meeting the increasing demand for harmonic reducers, which are currently in short supply in the market [1] Group 1: Production and Capacity - The company’s harmonic reducer production capacity is gradually ramping up [1] - The company has secured orders in multiple sectors and is committed to ensuring the delivery of these orders [1] Group 2: Market Demand - There is a strong market demand for the company’s harmonic reducer products, leading to a supply shortage [1]

Core Viewpoint - The company has shown a significant positive trend in revenue, driven by growth in its three main business segments: robotics automation, semiconductors, and automotive [1] Group 1: Business Performance - The robotics automation segment has emerged as the core growth engine, with a year-on-year revenue increase of 81.39% in the third quarter [1] - The semiconductor and automotive segments also demonstrated positive performance, with quarter-on-quarter revenue growth of 1.42% and 12.94%, respectively [1]

Core Viewpoint - The company has fully commenced production at its Shanghe factory in Q3 2023, which supports the core capacity for its harmonic reducer business [1] Production Capacity and Goals - The company has set a production capacity target of 100,000 units for harmonic reducers this year to meet the increasing market demand [1] - The harmonic reducers have achieved batch delivery in Q3 2023, and the company is currently in a critical phase of ramping up the new production line's capacity [1] Efficiency and Quality Improvement - To accelerate the release of production capacity and enhance overall production efficiency and product quality stability, the company is implementing specific measures such as improving automation levels and introducing advanced production equipment [1] - The company is steadily advancing the optimization of production lines and enhancing operational efficiency [1]

Core Viewpoint - Qingdao Fengguang Precision Machinery Co., Ltd. has established a Japanese subsidiary that is expected to contribute to revenue as it gradually ramps up production capacity [1] Company Developments - The Japanese subsidiary was established in March this year and has completed the initial team setup [1] - The subsidiary operates under a light asset model, utilizing leased facilities and equipment to quickly scale production in response to market demand [1] - The management indicated that the Japanese subsidiary is a crucial part of the company's global strategy, serving as an overseas production base and research and development center [1]

证券代码：920510 证券简称：丰光精密 公告编号：2025-120 □新闻发布会 青岛丰光精密机械股份有限公司 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 □分析师会议 □路演活动 √其他 （线上会议） 二、 投资者关系活动情况 活动时间：2025 年 10 月 30 日 活动地点：青岛市胶州市上合示范区湘江路 78 号公司会议室。 参会单位：西部证券、中国人民养老保险、滦海投资、珺容投资、创金合信、 尚正基金、华夏久盈、金信基金、平安资管、长江证券自营、工银瑞信基金、信 达澳亚基金、长信基金、幸福人寿、中信资管、兴业证券。（排名不分先后） 上市公司接待人员： 公司董事长：李军先生； 公司董事、总经理：李伟先生； 1 公司董事、财务总监：王学良先生； 公司董事会秘书：杨雪女士。 三、 投资者关系活动主要内容 本次投资者关系活动的主要问题及公司对问题的回复概要如下： 问题 1、2025 年三季度业 ...

Group 1: Global Technology Competition - The report outlines three potential scenarios for global technology competition over the next decade: baseline scenario (strategic equilibrium between China and the US), optimistic scenario (China becomes an innovation leader), and pessimistic scenario (China's industrial upgrade falls short) [6][7] - Key technologies are defined as frontier technologies (AI, semiconductors, quantum computing, biopharmaceuticals), advanced manufacturing, and critical infrastructure technologies (energy and advanced networks) [6][7] - The US focuses on invention and innovation, while China aims for large-scale innovation in key industries, with both countries undergoing reforms in their innovation systems [6][7] Group 2: Softcom Power (301236.SZ) - For the first three quarters of 2025, Softcom Power reported revenue of 25.38 billion yuan, a year-on-year increase of 14.30%, and a net profit of 0.99 billion yuan, up 30.21% [15][17] - The company is guided by four strategic directions: intelligence, autonomy, greening, and internationalization, with a focus on enhancing software and digital technology services [16][17] - Future revenue projections for Softcom Power are 35.9 billion yuan, 41.3 billion yuan, and 47.7 billion yuan for 2025-2027, with net profits expected to be 0.384 billion yuan, 0.526 billion yuan, and 0.855 billion yuan respectively [17] Group 3: Dingjie Smart (300378.SZ) - Dingjie Smart's revenue for the first three quarters of 2025 reached 1.614 billion yuan, a 2.6% increase year-on-year, with a net profit of 0.051 billion yuan, up 2.4% [19][21] - The company is experiencing short-term pressure in mainland China but is seeing stable performance in non-mainland markets, driven by deepening applications and market expansion [19][20] - Revenue projections for Dingjie Smart are 2.502 billion yuan, 2.726 billion yuan, and 2.989 billion yuan for 2025-2027, with net profits expected to be 0.191 billion yuan, 0.233 billion yuan, and 0.301 billion yuan respectively [21] Group 4: Hai Tian Wei Ye (603288.SH) - Hai Tian Wei Ye reported a revenue increase of 6.02% to 21.628 billion yuan for the first three quarters of 2025, with a net profit of 5.322 billion yuan, up 10.54% [22][24] - The company experienced a slowdown in revenue growth in Q3, with a 2.48% increase to 6.398 billion yuan, while net profit rose by 3.40% to 1.408 billion yuan [23][24] - The company is focusing on creating new growth points and enhancing efficiency through digital production [24] Group 5: Guizhou Moutai (600519.SH) - Guizhou Moutai's revenue for the first three quarters of 2025 was 130.904 billion yuan, a 6.32% increase, with a net profit of 64.627 billion yuan, up 6.25% [26][28] - The company reported stable sales performance for its flagship Moutai liquor, while other series faced pressure [27][28] - Future earnings per share (EPS) projections for Guizhou Moutai are 72.87 yuan, 77.31 yuan, and 82.70 yuan for 2025-2027, maintaining a "buy" rating [28] Group 6: Xian Cai Co., Ltd. (600095.SH) - Xian Cai Co., Ltd. reported a significant increase in net profit of 203.39% for the first three quarters of 2025, reaching 0.442 billion yuan [46][47] - The company's revenue for Q3 was 0.655 billion yuan, a 43.77% increase year-on-year, driven by a surge in commission income [47][48] - The company is expected to achieve a net profit of 0.608 billion yuan for 2025, reflecting a 456.6% increase [48]

Investment Rating - The report maintains an "Accumulate" rating for the company [5][9]. Core Views - The company reported a revenue of 157 million yuan for the first three quarters of 2025, a year-on-year decrease of 14.36%, with a net profit attributable to shareholders of -9 million yuan, down 139.99% year-on-year. In Q3 alone, revenue was 55 million yuan, a decline of 13.08%, and net profit was -7 million yuan, down 191.05% year-on-year [1][5]. - Despite short-term revenue pressures due to various factors, the implementation of stock incentive plans reflects long-term confidence in the company's future [1][2]. - The company has increased its sales, management, and R&D expense ratios to 7.76%, 17.76%, and 8.41% respectively, indicating a commitment to enhancing core competitiveness through increased R&D and sales efforts [2][3]. Financial Performance Summary - For 2025, the company is projected to achieve revenues of 258 million yuan, with a growth rate of 10.8%, and a net profit of 24 million yuan, reflecting a growth rate of 16.0% [3][8]. - The company's gross margin and net profit margin for the first three quarters of 2025 were 27.01% and -5.73%, respectively, both showing significant declines compared to the previous year [1][2]. - The company’s harmonic reducer products have successfully entered multiple segments, including robotic joints and humanoid robot dexterous hands, indicating a positive trend in business development [2][3].