Group 1 - Shanghai Zhenhua Heavy Industries Co., Ltd. has obtained a patent for a "suspension hook box for large offshore floating full rotation cranes" with the authorization announcement number CN222973593U, applied on September 2024 [1] - The patent describes a utility model that includes a pair of mirror-symmetrical hook box bodies and a support structure between them, addressing the issue of the existing four-claw main hook not being able to fit entirely into the hook box [1] - The design features a triangular upper structure with a rounded guiding surface at the top angle and guiding blocks at the bottom angles to facilitate the operation of the four-claw main hook and the movable pulley group [1] Group 2 - Shanghai Zhenhua Heavy Industries Co., Ltd. was established in 1992 and is located in Shanghai, primarily engaged in the metal products, machinery, and equipment repair industry [2] - The company has a registered capital of 5,268.35 million RMB and has made investments in 54 enterprises, participated in 5,000 bidding projects, and holds 3,269 patent records [2] - Additionally, the company possesses 2,630 administrative licenses and has 13 trademark records [2]

Core Viewpoint - Shanghai Zhenhua Heavy Industries Co., Ltd. (ZPMC) maintains its leading position in the port machinery sector despite challenges from U.S. policies, achieving a 50.33% year-on-year increase in net profit in Q1 2024 [2][5]. Financial Performance - In Q1 2025, ZPMC reported revenue of 8.517 billion yuan, a 0.86% increase year-on-year, with a net profit of 255 million yuan, reflecting a 50.33% growth primarily due to reduced expenses [4][5]. - For the fiscal year 2024, ZPMC achieved total revenue of 34.456 billion yuan, up 4.62%, and a net profit of 534 million yuan, an increase of 2.60% year-on-year [5]. - The company's asset-liability ratio increased to 78.64% in 2024 from 77.77% in 2023, prompting strategies to manage and reduce this ratio through asset optimization and improved cash collection [3]. Business Segments - The port machinery segment accounted for 59.7% of total revenue in 2024, generating 20.594 billion yuan, although it saw a decline of 3.03% year-on-year [5]. - The offshore engineering equipment business grew by 52.92% in 2024, with revenue reaching 8.293 billion yuan, driven by successful deliveries of high-end marine equipment [5][6]. - The steel structure segment reported revenue of 3.342 billion yuan, a 5.56% increase, while the shipping and other services saw a revenue growth of 17.83% [6]. Market Outlook - ZPMC is focusing on deep-sea economy and digital transformation, aiming to enhance the intelligence of port machinery and the high-end nature of offshore equipment [7]. - The company plans to leverage government support for deep-sea technology, which is expected to create new growth opportunities in the offshore market [8]. - ZPMC's automation and smart port initiatives have led to significant advancements, including the implementation of real-time integrated control systems at major ports [9]. Orders and Projects - In 2024, ZPMC secured new orders worth 4.001 billion USD for port machinery, marking an 11% increase year-on-year, with over 70% of these orders coming from automated terminal systems [9].

Group 1 - The company announced a share repurchase plan with a total expected amount between 50 million and 100 million RMB [1][3] - The repurchase period is set from May 28, 2025, to May 27, 2026, following the approval from the board and the annual shareholders' meeting [1][2] - The maximum repurchase price is capped at 6.93 RMB per share, and the shares will be used to reduce the company's registered capital [1][3] Group 2 - As of May 31, 2025, the company has not yet repurchased any shares and will implement the plan based on market conditions [3] - The company commits to adhering to relevant regulations during the repurchase process and will disclose progress to investors [3]

重要内容提示： 证券代码：600320 证券简称：振华重工 公告编号：临 2025-026 900947 |振华 B 股 上海振华重工（集团）股份有限公司 关于以集中竞价交易方式回购公司部分 A 股股票 的进展公告 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。 公司将严格按照《上市公司股份回购规则》《上海证券交易所上市公司自律监 管指引第 7 号——回购股份》等相关规定，在回购期限内根据市场情况择机做出 回购决策并予以实施，同时根据回购股份事项进展情况及时履行信息披露义务， 敬请广大投资者注意投资风险。 | 回购方案首次披露日 | 2025/4/28 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 年 月 2025 5 5 | 28 | 日~2026 | 年 | 月 | 27 | 日 | | 预计回购金额 | 5,000万元~10,000万元 | | | | | | | | 回购用途 | √减少注册资本 □用于员工持股计 ...

Core Viewpoint - Zhenhua Heavy Industries has shown a positive stock performance with a 2.35% increase in share price, reaching 4.36 CNY, and a total market capitalization of 22.97 billion CNY as of May 30, 2025 [1] Company Announcements - The company held its ninth board meeting on May 28, 2025, where it approved the establishment of a wholly-owned subsidiary, Shanghai Zhenhua Heavy Industries Group (Hainan) Co., Ltd., with a registered capital of 500 million CNY [1][4] - The board also approved the appointment of Mr. Li Yiming as the vice general manager, effective until the end of the current board's term [1] - Zhenhua Heavy Industries plans to register 2 billion CNY in ultra-short-term financing bonds in the interbank bond market in 2025, with a maximum issuance of 500 million CNY [1][4] - The company has approved a share buyback plan, allowing for the repurchase of A-shares with a total fund of no less than 50 million CNY and no more than 100 million CNY, at a maximum price of 6.93 CNY per share [3][4] Upcoming Events - Zhenhua Heavy Industries will hold a performance briefing for the first quarter of 2025 on June 9, 2025, from 11:00 to 12:00, which will be conducted in an interactive online format [3][4]

Core Viewpoint - The company, Shanghai Zhenhua Heavy Industries Co., Ltd., is scheduled to hold a performance briefing for the first quarter of 2025 on June 9, 2025, to discuss its operational results and financial status with investors [1][2]. Group 1: Meeting Details - The performance briefing will take place on June 9, 2025, from 11:00 AM to 12:00 PM [2]. - The meeting will be conducted in an interactive online format, allowing for real-time engagement with investors [2][3]. - Investors can submit questions from May 30, 2025, to June 6, 2025, before 4:00 PM, through the Shanghai Stock Exchange Roadshow Center or via the company's email [1][3]. Group 2: Participants and Contact Information - Key participants in the meeting will include the Chairman, Directors, General Manager, Independent Directors, Chief Financial Officer, and Secretary of the Board [2]. - For inquiries, investors can contact the Strategic Development Department at 021-50390727 or via email at ir@zpmc.com [3].

重要内容提示： 投资者可于 2025 年 5 月 30 日（星期五）至 6 月 6 日（星期五）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 ir@zpmc.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。 上海振华重工（集团）股份有限公司（以下简称"公司"）已于 2025 年 4 月 28 日在上海证券交易所网站（www.sse.com.cn）、《中国证券报》、《上海证券 报》披露本公司 2025 年第一季度报告。 为方便广大投资者更全面深入了解公司 2025 年第一季度经营成果、财务状 况，公司定于 2025 年 6 月 9 日上午 11:00-12:00 举行"2025 年第一季度业绩说 明会"，与投资者进行交流，并对投资者普遍关注的问题进行回答。 证券代码：600320 900947 证券简称：振华重工 振华 B 股 公告编号：临 2025-025 上海振华重工（集团）股份有限公司 关于召开 2025 年第一季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 ...

Core Viewpoint - Shanghai Zhenhua Heavy Industries Co., Ltd. plans to repurchase shares to enhance market value management, with a total repurchase amount between RMB 50 million and RMB 100 million, and a maximum price of RMB 6.93 per share [1][2]. Group 1: Share Repurchase Plan - The company has approved a share repurchase plan to buy back its A-shares within 12 months using self-owned or raised funds [1][2]. - The repurchased shares will be canceled, leading to a reduction in registered capital [1][2]. Group 2: Notification to Creditors - Creditors have the right to request debt repayment or guarantees within 30 days of receiving the notice, or within 45 days from the announcement date if no notice is received [2][3]. - Creditors must provide valid documentation to support their claims when requesting repayment or guarantees [3]. Group 3: Debt Claim Submission - Creditors must submit copies of contracts or agreements proving the existence of the debt relationship when claiming [3]. - For corporate creditors, additional documentation such as business licenses and authorization letters is required [3].

Group 1 - The company held its ninth board meeting on May 28, 2025, with all 10 directors present, complying with relevant regulations [1][2] - The board approved the establishment of a wholly-owned subsidiary, Shanghai Zhenhua Heavy Industries Group (Hainan) Co., Ltd., with a registered capital of 500 million RMB [1][2] - The board appointed Mr. Li Yiming as the deputy general manager, effective from the date of the board's approval until the end of the current board's term [1][2][4] Group 2 - The company plans to register 2 billion RMB in short-term financing bonds in the interbank bond market in 2025, with a maximum issuance of 500 million RMB [2] - The bonds will have a maturity of no more than 270 days, and the raised funds will be used to repay debts and supplement working capital [2]

Meeting Overview - The shareholders' meeting of Shanghai Zhenhua Heavy Industries Co., Ltd. was held on May 28, 2025, at the company's conference room in Shanghai [1]. - The meeting was presided over by the chairman, Mr. Rui Kai, and utilized a combination of on-site and online voting methods, complying with the Company Law and the company's articles of association [1]. Attendance and Voting Results - A total of 1,082 A-share shareholders and 79 B-share shareholders attended the meeting [1]. - A-share shareholders held a total of 1,604,871,718 shares, representing 30.4624% of the total shares, while B-share shareholders held 998,271,750 shares, representing 18.9485% of the total shares [1]. - The voting results showed overwhelming support for the proposals, with A-shares voting 99.7856% in favor, and B-shares voting 99.9787% in favor [1][2]. Proposal Outcomes - All proposals presented at the meeting were approved, with voting percentages consistently above 99% for both A and B shares [2][3]. - Specific voting results included: - A-shares: 1,601,431,342 votes in favor (99.7856%), 1,443,760 against (0.0900%), and 1,996,616 abstentions (0.1244%) [1]. - B-shares: 998,058,934 votes in favor (99.9787%), 211,316 against (0.0212%), and 1,500 abstentions (0.0001%) [1]. Financial and Operational Reports - The meeting included the review of the 2024 annual financial report and the distribution of profits, which were also approved by the shareholders [6][7]. - The company plans to continue its operational strategies and financial management as outlined in the reports presented during the meeting [6].