Group 1 - Linhai Co., Ltd. announced the resignation of Vice General Manager Gao Feng due to work reasons, effective immediately upon submission of the resignation report [1] - The company's revenue composition for the year 2024 is as follows: special vehicles industry 36.87%, fire machinery industry 32.58%, agricultural machinery industry 21.3%, motorcycle industry 8.79%, and other industries 0.46% [1] - As of the report, Linhai's market capitalization stands at 2.4 billion [1] Group 2 - A significant increase in overseas orders for a certain industry has been reported, with a surge of 246%, covering over 50 countries and regions [1] - Entrepreneurs have raised concerns about potential vicious competition in overseas markets, as some are selling at a loss [1]

证券代码：600099 证券简称：林海股份 公告编号：2025-033 林海股份有限公司 关于公司高级管理人员离任的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 高峰先生在任职期间恪尽职守、勤勉尽责，在促进公司发展和规范运作等方 面发挥了重要作用。公司及董事会对高峰先生在任职期间所作的贡献表示衷心感 谢。 特此公告。 一、高级管理人员离任情况 林海股份有限公司（以下简称"公司"）董事会于 2025 年 11 月 3 日收到公 司副总经理高峰先生提交的辞职报告，因工作原因，高峰先生申请辞任公司副总 经理职务。该辞职报告自送达公司董事会之日起生效，高峰先生辞任后将不再担 任公司其他职务。 | 姓名 | 离任 | | 离任时间 | | 原定任期到 | | 离任 | 是否继续在上市 公司及其控股子 | 具体 | 是否存在未 履行完毕的 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 职务 | | | | 期日 | | 原因 | ...

Core Viewpoint - Linhai Co., Ltd. announced the appointment of Mr. Dai Lei as the new Deputy General Manager of the company [2] Company Summary - The company's board of directors has approved the hiring of Mr. Dai Lei [2]

Market Overview - On October 31, the motorcycle and other sectors rose by 1.5%, with Xinri Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3954.79, down 0.81%, while the Shenzhen Component Index closed at 13378.21, down 1.14% [1] Key Stocks Performance - Xinri Co., Ltd. (603787) closed at 14.37, up 5.27% with a trading volume of 183,300 shares and a turnover of 260 million yuan [1] - Yong'an Xing (603776) closed at 20.05, up 5.14% with a trading volume of 68,200 shares [1] - Aima Technology (603529) closed at 32.67, up 2.93% with a trading volume of 127,200 shares [1] - Qianli Technology (601777) closed at 11.91, up 2.67% with a trading volume of 466,600 shares [1] - Other notable performances include XD Jiuhua (600689) up 1.83% and Huayang Saiche (920058) up 1.65% [1] Capital Flow Analysis - The motorcycle and other sectors saw a net inflow of 80.89 million yuan from main funds, while retail funds experienced a net outflow of 2.73 million yuan [2] - The main funds' net inflow and outflow for key stocks include: - Aima Technology: net outflow of 41.65 million yuan [3] - Qianli Technology: net inflow of 35.02 million yuan [3] - Yong'an Xing: net inflow of 2.15 million yuan [3] - Spring Wind Power (603129): net inflow of 9.48 million yuan [3]

证券代码：600099 证券简称：林海股份 公告编号：2025-031 关于聘任公司副总经理的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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责任。 林海股份有限公司（以下简称"本公司""公司"）于 2025 年 10 月 31 日 召开了 2025 年第五次临时董事会，审议通过《关于聘任公司副总经理的议案》， 经公司董事会提名委员会审核，公司董事会同意聘任戴磊先生（简历见附件）为 公司副总经理，任期与公司第九届董事会一致。 本次董事会召开前，公司董事会提名委员会召开会议，全体委员对副总经理 候选人进行了资格审查，发表了一致同意的意见，同意将上述议案提交公司董事 会审议。戴磊先生具备担任公司高级管理人员的资格，其任职资格符合相关法律、 行政法规、规范性文件对高级管理人员任职资格的要求，不存在《公司法》《公 司章程》和《上海证券交易所上市公司自律监管指引第 1 号——规范运作》规定 的不得担任公司高级管理人员的情形，未受到中国证券监督管理委员会的行政处 罚或交易所惩戒，不存在上海证券交易所认定的不适合担任上市公司高级管理人 ...

证券代码：600099 证券简称：林海股份 公告编号：2025-032 林海股份有限公司 关于召开2025年第二次临时股东会的通知 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 重要内容提示： 一、召开会议的基本情况 (一)股东会类型和届次：2025年第二次临时股东会 (二)股东会召集人：董事会 (三)投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结合 的方式 (四)现场会议召开的日期、时间和地点 召开的日期时间：2025 年 11 月 17 日14 点 30 分 召开地点：江苏省泰州市迎春西路 199 号 (五)网络投票的系统、起止日期和投票时间 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2025 年 11 月 17 日 至2025 年 11 月 17 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25，9:30-11:30，13:00-15:00；通过 股东会召开日期：2025年11月17日 本次股东会采用的网络投 ...

林海股份有限公司 2025 年第五次临时董事会决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 重要内容提示： 本次董事会2项议案均获通过。 一、董事会会议召开情况 （一）本次会议的召集、召开符合《中华人民共和国公司法》《公司章程》 及相关法律、法规的要求。 （二）本次董事会会议通知和材料于 2025 年 10 月 28 日以专人送达或电子 邮件方式发出。 证券代码：600099 证券简称：林海股份 公告编号：2025-030 （三）会议时间：2025 年 10 月 31 日 经全体董事认真审议，一致通过以下议案并形成决议： 1、关于聘任公司副总经理的议案； 此议案已经公司董事会提名委员会 2025 年度第二次临时会议审议通过； 同意 9 票，反对 0 票，弃权 0 票； 具体内容请详见 2025 年 11 月 1 日在《上海证券报》及上海证券交易所网站 （WWW.SSE.COM.CN）披露的《关于聘任公司副总经理的公告》（公告编号： 1 2025-031）； 2、关于召开林海股份有限公司 2025 年第二次临时股东会 ...

Core Insights - The Chinese agricultural machinery industry is experiencing rapid development, with significant investments and strategic moves by key players to enhance competitiveness and expand into new areas [1][3]. Industry Overview - Major listed companies in the agricultural machinery sector include Jifeng Technology, Xingguang Agricultural Machinery, Yituo Co., Linhai Co., Zoomlion, Yueda Investment, and Leo Group [1]. - The industry is primarily concentrated in Jiangsu, Zhejiang, and Chongqing, with Jiangsu having the highest number of listed companies [1]. Investment Trends - Zoomlion plans to accelerate R&D investments in high-end agricultural machinery, leveraging its engineering machinery technology to penetrate both domestic and overseas markets [3]. - Weima Agricultural Machinery successfully launched an IPO, raising 725 million yuan for projects focused on intelligent and flexible production bases, which will significantly increase production capacity [3]. - Jifeng Technology is expanding into the renewable energy sector through a joint venture, enhancing its business scale [3]. - Yueda Investment is investing 1.58 billion yuan in a photovoltaic project to boost its renewable energy business [3]. - Linhai Co. is increasing its investment in agricultural machinery through its subsidiary to enhance project development capabilities [3]. - Yituo Co. is injecting 558 million yuan into its financial subsidiary to address profit gaps and improve economic efficiency [3]. Market Participants - The agricultural machinery industry includes various participants: - Raw material suppliers such as China Baowu Steel Group and China Aluminum Corporation, which provide stable supplies through long-term partnerships [4][6]. - Component manufacturers like Quanchai Power and Zhenghe Industry, which produce competitive parts through innovation [4][6]. - Equipment manufacturers including Yituo Co., Weichai Lovol, and Zoomlion, which leverage technology and brand influence to maintain market positions [4][6]. - Distributors like Jifeng Technology, which has evolved from a regional dealer to a multi-province chain, providing professional services to end-users [4][6]. Industry Health - As of August 2025, there are approximately 18,000 active enterprises in the Chinese agricultural machinery sector, representing 68% of the total, indicating a healthy operational status [6].

Market Overview - On October 28, the motorcycle and other sectors rose by 0.12%, led by Zhenghe Industrial. The Shanghai Composite Index closed at 3988.22, down 0.22%, while the Shenzhen Component Index closed at 13430.1, down 0.44% [1]. Stock Performance - Zhenghe Industrial (003033) closed at 86.53, up 10.01% with a trading volume of 51,900 shares and a transaction value of 432 million yuan [1]. - Shanghai Phoenix (600679) closed at 13.53, up 3.28% with a trading volume of 202,500 shares and a transaction value of 275 million yuan [1]. - TaoTao Vehicle (301345) closed at 252.20, up 2.40% with a trading volume of 18,100 shares and a transaction value of 454 million yuan [1]. - Qianli Technology (601777) closed at 11.41, up 1.78% with a trading volume of 421,100 shares and a transaction value of 480 million yuan [1]. - Other notable performances include Xinlong Health (002105) up 1.58% and Chunfeng Power (603129) up 0.52% [1]. Capital Flow - The motorcycle and other sectors experienced a net outflow of 151 million yuan from main funds, while retail funds saw a net inflow of 62.61 million yuan [2]. - The main funds showed a net outflow in several stocks, including Zhenghe Industrial and Qianli Technology, while retail investors contributed positively to stocks like Green通科技 [3]. Detailed Stock Capital Flow - Zhenghe Industrial had a main fund net outflow of 33.16 million yuan, with retail inflow of 21.91 million yuan [3]. - Qianli Technology saw a main fund net inflow of 13.31 million yuan, but retail investors had a net outflow of 15.13 million yuan [3]. - Chunfeng Power had a main fund net inflow of 9.84 million yuan, while retail investors had a slight outflow [3].

Core Insights - Linhai Co., Ltd. (600099.SH) reported a total operating revenue of 801 million yuan for Q3 2025, marking an increase of 39.48 million yuan compared to the same period last year, achieving a year-on-year growth of 5.18% [1] - The net profit attributable to shareholders reached 14.52 million yuan, an increase of 2.29 million yuan year-on-year, reflecting an 18.76% growth and marking five consecutive years of profit increase [1] - The net cash inflow from operating activities was 120 million yuan, up by 27.16 million yuan from the same period last year, representing a 29.34% year-on-year increase and four consecutive years of growth [1] Financial Metrics - The latest debt-to-asset ratio stands at 52.93% [3] - The gross profit margin is reported at 13.26%, a slight increase of 0.02 percentage points from the previous year [3] - Return on equity (ROE) is at 2.71%, up by 0.35 percentage points year-on-year [3] - The diluted earnings per share (EPS) is 0.07 yuan, an increase of 0.01 yuan compared to the same period last year, achieving an 18.39% year-on-year growth and five consecutive years of increase [3] - The total asset turnover ratio is 0.74 times, while the inventory turnover ratio is 4.82 times [3] Shareholder Structure - The number of shareholders is reported at 12,700, with the top ten shareholders holding a total of 116 million shares, accounting for 53.05% of the total share capital [3] - The largest shareholder is China Foma Machinery Group Co., Ltd., holding 42.1 million shares [3]