Core Points - The board of directors of Linhai Co., Ltd. held its fourth temporary meeting in 2025, where two key resolutions were unanimously passed [2][3] - The meeting was conducted via communication methods, and all nine directors participated [3] Group 1: Board Resolutions - The first resolution involved the election of members to the Audit Committee, with Zhang Zenghua appointed as the chairman and Ding Baoshan, Lu Zhonghua as members, receiving 9 votes in favor [2] - The second resolution was to add members to the Strategy and ESG Committee, with Chang Kangzhong as the chairman and Lu Ying, Wu Jun, Deng Zhao, and Yin Aiyong as members, also receiving 9 votes in favor [2] Group 2: Meeting Details - The meeting was convened in compliance with the Company Law of the People's Republic of China and relevant regulations [3] - Notification and materials for the meeting were sent out on October 9, 2025, through personal delivery or email [3] - The meeting took place on October 14, 2025, with all nine directors present [3]

证券代码：600099 证券简称：林海股份 公告编号：2025-027 林海股份有限公司 2025 年第四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。 二、董事会会议审议情况 经全体董事认真审议，一致通过以下议案并形成决议： 1、关于选举公司董事会审计委员会成员的议案； 董事会审计委员会主任委员：张增华 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 9 日以专人送达或电子邮 件方式发出。 （三）会议时间：2025 年 10 月 14 日 会议召开方式：通讯方式 （四）本次会议应参加会议董事 9 名，实际参加会议董事 9 名。 成员：丁宝山、卢中华 同意 9 票，反对 0 票，弃权 0 票； 2、关于增补公司董事会战略与 ESG 委员会成员的议案； 1 董事会战略与 ESG 委员会主任委员：常康忠 成员：陆莹、吴俊、邓钊、尹爱勇 同 ...

Market Overview - The motorcycle and other sectors experienced a decline of 2.53% on October 13, with Chuanfeng Power leading the drop [1] - The Shanghai Composite Index closed at 3889.5, down 0.19%, while the Shenzhen Component Index closed at 13231.47, down 0.93% [1] Stock Performance - Notable gainers included: - Jiangui General (603766) with a closing price of 13.36, up 6.12% [1] - Zhenghe Industrial (003033) at 68.30, up 4.20% [1] - Significant decliners included: - Chuanfeng Power (603129) at 251.45, down 5.99% [2] - Qianli Technology (601777) at 11.32, down 4.15% [2] Trading Volume and Capital Flow - The motorcycle and other sectors saw a net outflow of 168 million yuan from main funds, while retail investors had a net inflow of 83.48 million yuan [2] - The trading volume for notable stocks included: - Jiangui General with a transaction amount of 1.07 billion yuan [1] - Qianjiang Motorcycle (000913) with a transaction amount of 149 million yuan [2] Capital Inflow Analysis - Main funds showed a net outflow in several stocks, including: - Longxin General (603766) with a net outflow of 40.64 million yuan [3] - Zhonglu Co. (600818) with a net outflow of 3.80 million yuan [3] - Retail investors showed a net inflow in stocks like: - Longxin General with a net inflow of 1.06 million yuan [3] - Qianjiang Motorcycle with a net inflow of 0.14 million yuan [3]

Core Insights - The article provides a comprehensive overview of the agricultural machinery industry in China, detailing the industry chain, key players, and investment trends. Industry Chain Overview - The agricultural machinery industry chain in China consists of upstream raw material suppliers (steel, non-ferrous metals, rubber) and component manufacturers (engines, transmission parts, walking parts), midstream machinery manufacturers, and downstream applications in agriculture, forestry, animal husbandry, and aquaculture [1][2]. Key Players - Major companies in the agricultural machinery manufacturing sector include Jifeng Technology, Xingguang Agricultural Machinery, Yituo Co., Linhai Co., and Zoomlion [1][2]. Regional Distribution - Agricultural machinery listed companies are primarily located in Jiangsu, Zhejiang, and Chongqing, with Jiangsu having the highest concentration of companies such as Linhai Co. and Yueda Investment. Upstream component suppliers are mainly found in Shandong and Anhui, while downstream planting companies are concentrated in Heilongjiang and Jiangsu [6]. Business Focus and Performance - Companies are focusing on tractors and harvesters, with Yituo Co. and Jifeng Technology leading in revenue from agricultural machinery in 2024. In terms of gross margin, Xinyan Co. and Yijia Co. have higher levels. Yituo Co. and Linhai Co. also report high production and sales volumes [8][9]. Investment Trends - Chinese agricultural machinery companies are enhancing competitiveness through subsidiaries, capital increases, and mergers. Notable investment activities include: - Zoomlion plans to accelerate R&D in high-end agricultural machinery and expand into domestic markets [10]. - Xiamen Agricultural Machinery launched an IPO to fund projects in smart production and agricultural machinery technology [10]. - Jifeng Technology is entering the renewable energy sector through a joint venture [10]. - Yueda Investment is investing in photovoltaic projects to boost its renewable energy business [10]. - Linhai Co. is increasing investment in agricultural machinery through its subsidiary [10].

证券代码：600099 证券简称：林海股份 公告编号：2025-026 林海股份有限公司 关于召开 2025 年半年度业绩说明会的公告 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。 重要内容提示： 会议召开时间：2025 年 10 月 17 日（星期五） 09:30-11:30 会议召开地点：上海证券交易所上证路演中心（网址： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心视频直播和网络互动 投资者可于 2025 年 10 月 10 日（星期五）至 10 月 16 日（星期四）16:00 前登 录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 zhoumin@linhaigroup.com 进行提问。公司将在说明会上对投资者普遍关注的问 题进行回答。 林海股份有限公司（以下简称"公司"）已于 2025 年 8 月 26 日发布公司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半年度经 营成果、财务状况，公司计划于 2025 年 10 月 17 ...

Group 1: Industry Overview - The export value of China's agricultural machinery is significantly higher than its import value, with exports projected to reach 15.93 billion yuan in 2024, a year-on-year increase of 11.9%, while imports are expected to be 3.25 billion yuan, up 2.8% [2] - India is the largest export destination for Chinese agricultural machinery, with exports to India, Russia, Thailand, and the United States collectively accounting for 30% of total exports in 2024 [2] Group 2: Policy Support - National policies supporting the agricultural machinery industry include the "14th Five-Year" National Agricultural Mechanization Development Plan and the Digital Rural Development Action Plan (2022-2025), focusing on enhancing mechanization rates and developing smart agricultural equipment [7][8] - Key policy goals include increasing the comprehensive mechanization rate of crop farming to 75% by 2025 and ensuring that major agricultural machinery products achieve international advanced quality standards [9][10] Group 3: Regional Development Goals - Various provinces have set specific agricultural machinery development targets for 2025, such as Jiangsu aiming for a total power of 55 million kilowatts and Shandong targeting a comprehensive mechanization rate of 92% for crop farming [12][14] - Other provinces, like Zhejiang and Guangdong, have established ambitious mechanization rates for specific agricultural sectors, indicating a strong regional commitment to enhancing agricultural productivity through mechanization [14]

Meeting Overview - The first extraordinary general meeting of shareholders was held on September 26, 2025, at Jiangsu Province, Taizhou City [2] - The meeting was presided over by Lu Zhonghua due to the absence of Chairman Chang Kangzhong [2][3] - The meeting combined on-site attendance with online voting, complying with the Company Law and the company's articles of association [2] Attendance - Out of 9 current directors, 7 attended the meeting, while 2 non-independent directors were absent [3] - Only 1 out of 3 supervisors attended, with the chairman and another supervisor absent [3] - The financial director and board secretary, Li Pengpeng, was present, along with other senior executives [3] Resolutions Passed - The following resolutions were approved: 1. Cancellation of the supervisory board and amendment of the company's articles of association [4] 2. Revision of the company's shareholder meeting rules [4] 3. Revision of the company's board meeting rules [5] 4. Revision of the independent director system [5] 5. Revision of the related party transaction management system [5] 6. Revision of the external guarantee system [5] 7. Revision of the external investment management system [5] 8. Revision of the management system for the use of raised funds [5] 9. Establishment of the board of directors' resignation management system [5] Voting Details - The resolution regarding the cancellation of the supervisory board required a two-thirds majority of the voting rights held by shareholders present at the meeting [6] - Separate voting was conducted for resolutions 1, 2, and 3 for the protection of minority investors [6] Legal Verification - The meeting was witnessed by Beijing Kangda Law Firm, confirming that the convening and procedures of the meeting complied with legal and regulatory requirements [7] - The qualifications of attendees and the meeting host were deemed valid, and the voting procedures and results were confirmed as legal and effective [7] Employee Director Election - On the same day, an employee representative meeting was held to elect Yin Aiyong as the employee director of the ninth board of directors [9] - The term of the employee director aligns with that of the ninth board of directors, and he meets the qualifications stipulated by the Company Law and the company's articles of association [9]

Core Points - Linhai Co., Ltd. announced the election of Mr. Yin Aiyong as the employee director of the company's ninth board of directors following a vote by the employee representative assembly [2]

证券代码：600099 证券简称：林海股份 公告编号：2025-024 林海股份有限公司 关于选举第九届董事会职工董事的公告 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。 尹爱勇，男，汉族，1973 年 1 月出生，江苏泰州人，高级工程师，2015 年 12 月入党，1996 年 9 月参加工作；2019 年 12 月至 2022 年 2 月任江苏林海动力 机械集团有限公司林海工业园管理中心副经理、技术开发部部长；2022 年 2 月 至 2023 年 12 月任江苏林海动力机械集团有限公司进出口公司副经理；2024 年 1 月至今任林海股份有限公司办公室主任。 1 林海股份有限公司（以下简称"公司"）根据《中华人民共和国公司法》（以 下简称"《公司法》"）、《林海股份有限公司章程》（以下简称"《公司章程》"） 等有关规定，于 2025 年 9 月 26 日召开职工代表大会，会议的召开及表决程序符 合职工代表大会决策的有关规定。经公司职工代表大会投票，选举尹爱勇先生为 公司第九届董事会职工董事（简历附后），职工董事任期与第九 ...

北京市朝阳区建外大街丁 12 号英皇集团中心 8、9、11 层 8/9/11/F, Emperor Group Centre, No.12D, Jianwai Avenue, Chaoyang District, Beijing, 100022, P.R.China 电话/Tel.: 010-50867666 传真/Fax: 010-56916450 网址/Website: www.kangdalawyers.com 北京 西安 深圳 海口 上海 广州 杭州 沈阳 南京 天津 菏泽 成都 苏州 呼和浩特 香港 武汉 郑州 长沙 厦门 重庆 合肥 宁波 济南 昆明 南昌 北京市康达律师事务所 关于林海股份有限公司 2025 年第一次临时股东大会的法律意见书 康达股会字【2025】第 0410 号 致：林海股份有限公司 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》"）、《上市公司股东会规则》（以下简称"《股 东会规则》"）以及《林海股份有限公司章程》（以下简称"《公司章程》"）的规 定，北京市康达律师事务所（以下简称"本所"）接受林海股份有限公司（以下简 ...