根据《公司法》《公司章程》等相关规定，上海振华重工（集团）股份有限 公司（以下简称公司）于 2025 年 8 月 29 日召开职工代表大会，本次会议的召集、 召开和表决程序符合职工代表大会的相关规定。 经职工代表大会审议通过，选举王成先生（简历见附件）为公司职工董事， 任期自本次职工代表大会通过之日起至公司第九届董事会任期届满之日止。王成 先生由原公司第九届董事会非职工董事，调整为公司第九届董事会职工董事，董 事会构成人员不变。 王成先生的任职资格符合相关法律法规、行政法规、规范性文件对董事任职 资格的要求，不存在《公司法》《上海证券交易所股票上市规则》及《公司章程》 等规定的不得担任公司董事的情形，不属于失信被执行人，未受到过中国证监会 及其他有关部门的处罚以及证券交易所的惩戒和公开谴责，亦不存在因涉嫌犯罪 被司法机关立案侦查或因涉嫌违法违规被中国证监会立案稽查的情形，不存在被 中国证监会采取不得担任上市公司董事的市场禁入措施的情形，不存在被证券交 易场所公开认定为不适合担任上市公司董事的情形。 证券代码：600320 900947 证券简称：振华重工 振华 B 股 公告编号：临 2025-043 上海振华 ...

第九届董事会第十五次会议决议公告 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。 一、董事会会议召开情况 上海振华重工（集团）股份有限公司（以下简称振华重工或公司）第九届董 事会第十五次会议通知于 2025 年 8 月 19 日以电子邮件方式发出。本次会议于 2025 年 8 月 29 日以现场和通讯相结合的方式召开，应参加表决董事 10 人，实 际参加表决董事 10 人，会议由董事长由瑞凯先生主持，部分高级管理人员及董 事会秘书列席了会议。本次会议的召开及程序符合《公司法》《公司章程》等相 关规定。 二、董事会会议审议情况 本次会议审议并通过如下议案： 证券代码：600320 900947 证券简称：振华重工 振华 B 股 公告编号：临 2025-038 上海振华重工（集团）股份有限公司 （一）《关于审议<公司 2025 年半年度报告全文及摘要>的议案》 上述议案已经公司第九届董事会审计与风险委员会第十一次会议审议通过， 并同意提交公司董事会审议。 具体内容详见公司于同日在指定信息披露媒体上披露的《振华重工 2025 年 半 ...

Meeting Overview - The 15th meeting of the 9th Board of Directors of Shanghai Zhenhua Heavy Industries Co., Ltd. was held on August 19, 2025, with 10 directors participating in the vote [1][2] - The meeting was chaired by Chairman Mr. Rui Kai, and the procedures complied with relevant regulations [1] Resolutions Passed - The board approved the proposal for the 2025 semi-annual report, which was previously reviewed by the Audit and Risk Committee [1][2] - The board also approved the risk assessment report of China Communications Finance Co., Ltd., which constitutes a related party transaction [2] - The board made adjustments to the special committee members, appointing Ms. Du Wenli as the chair of the Remuneration and Assessment Committee and Mr. Yu Fang as a member of multiple committees [2][3] - The board appointed Ms. Cao Lu as the company's securities affairs representative, confirming her qualifications and experience [3][4] - Adjustments were made to the stock option incentive plan, with the exercise price set at 3.205 CNY per share for the initial grant and 3.945 CNY for reserved grants [5] - The board approved the cancellation of certain stock options under the incentive plan [5][6] - The board revised the company's information disclosure management measures and established a temporary management method for information disclosure [6][7] - The board reviewed the semi-annual evaluation report of the "Quality Improvement and Efficiency Return" action plan for 2025 [6]

Core Viewpoint - Shanghai Zhenhua Heavy Industries Co., Ltd. reported a steady growth in revenue and profit for the first half of 2025, driven by increased project deliveries and a focus on high-quality development in the heavy equipment manufacturing industry [2][3]. Company Overview and Financial Indicators - The company achieved an operating income of approximately CNY 17.40 billion, a year-on-year increase of 0.97% [2]. - Total profit reached approximately CNY 548.92 million, up 14.62% from the previous year [2]. - Net profit attributable to shareholders was about CNY 344.41 million, reflecting a 12.37% increase [2]. - The net cash flow from operating activities surged by 187.58% to approximately CNY 3.48 billion [2]. - Total assets decreased by 2.38% to approximately CNY 83.73 billion, while net assets increased by 0.60% to about CNY 15.96 billion [2]. Business Performance Analysis - The company maintained its leading position in the port machinery sector, with products now delivered to 110 countries and regions [3][8]. - New contracts in the port machinery, offshore engineering, and steel structure sectors contributed to a robust order book [3]. - The company signed significant contracts, including projects in Morocco and France, enhancing its competitive edge in high-end offshore markets [3]. Operational Efficiency and Management - The company implemented cost control measures, resulting in a 54.97% reduction in financial expenses and a 5.25% decrease in management costs [9]. - Continuous improvement in production efficiency was noted, with 179 lean improvement projects executed [4]. - The company emphasized customer service and established a global service network to enhance responsiveness [8]. Technological Innovation and R&D - The company focused on high-end, intelligent, and green equipment, achieving breakthroughs in key technologies such as low-carbon port equipment and DP2 level ship positioning systems [7]. - A total of 149 core patents were added, with 51% being invention patents, showcasing the company's commitment to innovation [7]. Market Trends and Future Outlook - The demand for intelligent port machinery is expected to grow, driven by infrastructure projects in the Middle East and Southeast Asia [3]. - The offshore engineering sector is stabilizing, with increasing demand for new equipment in the green energy transition [3]. - The company plans to continue focusing on high-quality development and enhancing its core competitiveness in the heavy equipment manufacturing industry [4].

Group 1 - The core viewpoint of the report indicates that Shanghai Zhenhua Heavy Industries Co., Ltd. has shown a slight increase in revenue and net profit for the first half of 2025 compared to the previous year, with total revenue reaching approximately 17.40 billion RMB, a 0.97% increase year-on-year [1] - The total assets of the company decreased by 2.38% from the end of the previous year, amounting to approximately 83.73 billion RMB [1] - The net profit attributable to shareholders increased by 12.37% year-on-year, reaching approximately 344.41 million RMB [1] Group 2 - The company reported a significant increase in cash flow from operating activities, which rose to approximately 3.48 billion RMB, marking a 187.58% increase compared to the same period last year [1] - The weighted average return on equity improved to 2.18%, an increase of 0.22 percentage points from the previous year [1] - The basic and diluted earnings per share both increased to 0.064 RMB, reflecting a growth of 12.28% [1] Group 3 - The company's debt-to-asset ratio improved slightly to 77.98% from 78.64% at the end of the previous year, indicating a marginal enhancement in financial stability [3] - The interest coverage ratio, measured by EBITDA, increased to 4.96, up from 3.79 in the previous year, suggesting better capacity to meet interest obligations [3]

Core Viewpoint - Shanghai Zhenhua Heavy Industries Group Co., Ltd. is implementing a stock option incentive plan for 2023, which includes adjustments to the exercise price and the cancellation of certain stock options [1][10]. Summary by Sections Legal Framework - The legal opinion is based on various laws and regulations, including the Company Law, Securities Law, and specific guidelines for stock option incentives [2][3]. Approval and Authorization - The company has completed necessary approvals and authorizations for the incentive plan, including resolutions from the board and supervisory committee [4][5][10]. Stock Option Details - The initial grant involves 75.23 million stock options to 345 incentive targets, with an exercise price set at 3.31 yuan per share, effective from June 17, 2024 [6][7][10]. Adjustments to Exercise Price - The exercise price for the stock options has been adjusted to 3.26 yuan per share due to a cash dividend distribution of 0.55 yuan per share [8][11][12]. Cancellation of Stock Options - A total of 850,000 stock options will be canceled due to three incentive targets no longer qualifying, reducing the number of initial grants to 73.98 million options [11][12]. Information Disclosure - The company is committed to fulfilling its information disclosure obligations in accordance with relevant laws and regulations throughout the incentive plan's implementation [12].

证券代码：600320 900947 证券简称：振华重工 振华 B 股 公告编号：临 2025-040 上海振华重工（集团）股份有限公司 3.2024 年 3 月 23 日，公司披露了《振华重工关于实施股票期权激励计划获 得国务院国资委批复的公告》，公司收到控股股东中国交通建设集团有限公司通 知，根据国务院国有资产监督管理委员会《关于振华重工实施股票期权激励计划 的批复》（国资考分〔2024〕68 号），国务院国有资产监督管理委员会原则同 意公司实施股票期权激励计划。 关于调整公司 2023 年股票期权激励计划 授予股票期权行权价格的公告 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。 根据上海振华重工（集团）股份有限公司（以下简称公司或振华重工）2023 年年度股东大会授权，公司于 2025 年 8 月 29 日召开第九届董事会第十五次会议， 审议通过了《关于审议<调整公司 2023 年股票期权激励计划授予股票期权行权价 格>的议案》等相关议案，公司首次授予的股票期权行权价格调整为 3.205 元/股、 预留授予的股票期权行 ...

证券代码：600320 900947 证券简称：振华重工 振华 B 股 公告编号：临 2025-041 上海振华重工（集团）股份有限公司 关于注销公司 2023 年股票期权激励计划 1.2023 年 12 月 26 日，公司召开第八届董事会第三十次会议和第八届监事会 第十七次会议，审议通过了《关于审议<振华重工长期股权激励计划（草案）及 其摘要>的议案》、《关于审议<振华重工 2023 年股票期权激励计划（草案）及 其摘要>的议案》、《关于审议<振华重工 2023 年股票期权激励计划实施考核管 理办法>的议案》、《关于审议<振华重工 2023 年股票期权激励计划管理办法> 的议案》等相关议案。 2.2024 年 3 月 20 日至 2024 年 3 月 29 日，公司内部对本次激励计划首次拟 授予激励对象名单及职务进行了公示。截至公示期满，公司监事会未收到任何组 织或个人对本次激励计划首次授予激励对象名单提出异议。 3.2024 年 3 月 23 日，公司披露了《振华重工关于实施股票期权激励计划获 得国务院国资委批复的公告》，公司收到控股股东中国交通建设集团有限公司通 知，根据国务院国有资产监督管理委员会《关 ...

证券代码：600320 900947 证券简称：振华重工 振华 B 股 公告编号：临 2025-040 上海振华重工（集团）股份有限公司 关于调整公司 2023 年股票期权激励计划 授予股票期权行权价格的公告 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。 根据上海振华重工（集团）股份有限公司（以下简称公司或振华重工）2023 年年度股东大会授权，公司于 2025 年 8 月 29 日召开第九届董事会第十五次会议， 审议通过了《关于审议 <调整公司 ensp="ensp" 年股票期权激励计划授予股票期权行权价="年股票期权 激励计划授予股票期权行权价"> 格>的议案》等相关议案，公司首次授予的股票期权行权价格调整为 3.205 元/股、 预留授予的股票期权行权价格为 3.945 元/股。现将有关事项说明如下： 一、已履行的决策程序和信息披露情况 第十七次会议，审议通过了《关于审议 <振华重工长期股权激励计划 及="及" 草案="草案"> 其摘要>的议案》、《关于审议 <振华重工 ensp="ensp" 及="及" 年股票期权激 ...

证券代码：600320 900947 证券简称：振华重工 振华 B 股 公告编号：临 2025-041 上海振华重工（集团）股份有限公司 关于注销公司 2023 年股票期权激励计划 部分股票期权的公告 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。 根据上海振华重工（集团）股份有限公司（以下简称公司或振华重工）2023 年年度股东大会授权，公司于 2025 年 8 月 29 日召开第九届董事会第十五次会议， 审议通过了《关于审议 <注销公司 ensp="ensp" 年股票期权激励计划部分股票期权="年股票期权激励计 划部分股票期权"> 的议 一、已履行的决策程序和信息披露情况 第十七次会议，审议通过了《关于审议 <振华重工长期股权激励计划 及="及" 草案="草案"> 其摘要>的议案》、《关于审议 <振华重工 ensp="ensp" 及="及" 年股票期权激励计划="年股票期权激励 计划" 草案="草案"> 其摘要>的议案》、《关于审议 <振华重工 ensp="ensp" 年股票期权激励计划实施考核管="年股票期权激 励计划实 ...