具身智能与机器人落地的关键：场景驱动的闭环迭代。山鹰国际强调，场景应用与交互优化是工业智能 落地中的核心。这尤其契合具身智能技术的本质——智能体通过与物理世界的实时交互来学习和进化。 智源基金投资的企业将深度嵌入山鹰国际的实际工业制造场景。以"无人叉车智能物流系统"(一种典型 的移动机器人具身智能应用)为例，该系统将应用于山鹰国际的回收、制造、包装等具体环节。在运行 过程中，通过持续的"交互服务过程"，系统(智能体)可实时感知环境、获取生产现场数据(包括空间布 局、物料状态、人机交互等)，不断"迭代优化"其核心能力(如导航算法、负载调度、效率管理、异常处 理等)。这种"场景驱动、具身体验、数据反馈、持续进化"的闭环模式，是工业具身智能及机器人技术 在复杂、动态的制造环境中实现突破并成功落地的关键。 值得注意的是，山鹰国际参股子公司云印技术，已连接超100家纸板厂、20,000家纸箱厂，管理25,000台 设备上云，覆盖全国重点区域产能网络。其沉淀的海量产业数据和成熟的智能制造方案，为科技企业的 智能产品在复杂工业场景中的落地提供了坚实的数据支撑和经验保障，已成为科技企业切入工业场景 的"高可信通道"。其价值不 ...

Group 1 - Haitong Development reported a net profit of 86.87 million yuan for the first half of 2025, a year-on-year decrease of 64.14% [1] - Haitong Development achieved an operating income of 1.8 billion yuan, a year-on-year increase of 6.74% [1] - Crystal Integrated expects a net profit increase of 39.04% to 108.55% for the first half of 2025, with projected revenue between 5.07 billion yuan and 5.32 billion yuan [1] Group 2 - Aerospace Universe anticipates a net profit increase of 50.59% for the first half of 2025, with a projected net profit of 34.38 million yuan [2] - Aerospace Universe's net profit excluding non-recurring gains is expected to grow by 94.90% [2] Group 3 - Guodian Power reported a total power generation of 206.03 billion kWh for the first half of 2025, a year-on-year decrease of 3.61% [3] - The company's market-based transaction electricity accounted for 91.84% of the total electricity sold [3] Group 4 - Shanghai Pharmaceuticals announced that its tranexamic acid injection has passed the consistency evaluation for generic drugs [5] - The drug is primarily used for treating various bleeding disorders [5] Group 5 - Sanyou Chemical received approval to issue up to 900 million yuan in technology innovation corporate bonds [7] - The bond issuance is valid for 24 months from the date of approval [7] Group 6 - Baiyuntian's BAT4406F injection drug has received approval for clinical trials for additional indications [9] - The drug is a next-generation fully human anti-CD20 antibody [9] Group 7 - Huason Pharmaceutical received three drug re-registration approval notices [10] - The approved drugs include Ganji Bingmei tablets and other formulations [10] Group 8 - Shanying International plans to establish the Zhiyuan Fund with a total scale of 100 million yuan [13] - The fund will primarily invest in product companies related to industrial scenarios [13] Group 9 - Yiqiu Resources announced the sale of two properties in Malaysia for a total of approximately 3.67 million yuan [15] - The sale is part of the company's asset management strategy [15] Group 10 - Guizhou Bailing plans to apply for loans totaling no more than 920 million yuan from multiple banks [16] - The loans will be used to replace maturing loans and supplement working capital [16] Group 11 - Samsung Medical's subsidiary won a transformer procurement contract in Brazil worth approximately 341 million yuan [16] - The contract is part of the company's expansion into international markets [16] Group 12 - Changying Tong expects a net profit increase of 72.12% to 110.33% for the first half of 2025 [17] - The projected revenue is between 173 million yuan and 211 million yuan [17] Group 13 - Canqin Technology anticipates a net profit increase of 50.14% to 61.85% for the first half of 2025 [17] - The expected revenue is between 286 million yuan and 290 million yuan [17] Group 14 - Daya Shengxiang signed a lease agreement with an annual rent of 17 million yuan for a production facility [18] - The lease term is for 3 years and 4 months, including a 4-month rent-free period [18] Group 15 - Zhongzai Zihuan announced the resignation of its general manager due to work adjustments [20] - The company will appoint an interim general manager while searching for a permanent replacement [20] Group 16 - Fuwei Co. received a project notification from a well-known luxury brand for seat development [22] - The total sales amount for the project is expected to reach 4.9 billion yuan [22] Group 17 - Meili Technology's application for convertible bonds has been accepted by the Shenzhen Stock Exchange [26] - The issuance is subject to further approval from regulatory authorities [26] Group 18 - Jinzhik Technology announced a stock suspension due to potential control changes [27] - The suspension is expected to last no more than two trading days [27] Group 19 - Zhongtian Technology plans to distribute a cash dividend of 3 yuan per 10 shares [28] - The dividend distribution date is set for July 25, 2025 [28] Group 20 - Huahai Chengke plans to distribute a cash dividend of 0.2002 yuan per share [30] - The dividend distribution date is set for July 29, 2025 [30] Group 21 - Dasheng Intelligent won a smart transportation project contract worth 122 million yuan [31] - The project involves comprehensive monitoring systems for urban rail transit [31] Group 22 - Dongyue Silicon reported a fire incident affecting production operations [32] - The fire has been controlled, but the extent of damage is still being assessed [32] Group 23 - Shaanxi Guotou A reported a net profit of 726 million yuan for the first half of 2025, a year-on-year increase of 5.74% [35] - The company's operating income decreased by 2.95% [35] Group 24 - Yibo Technology announced a plan to reduce shareholding by up to 3% [37] - The reduction is due to the shareholder's funding needs [37] Group 25 - Xiling Information announced a stock suspension due to potential control changes [39] - The suspension is expected to last no more than two trading days [39] Group 26 - Tianli Lithium Energy plans to reduce shareholding by 4.55% through block trading [40] - The reduction is due to the fund's operational timeline nearing its end [40] Group 27 - Sihui Fushi announced plans for a combined shareholding reduction of up to 3% [42] - The reduction is due to the shareholders' personal funding needs [42] Group 28 - Jinma Leisure announced a plan for a combined shareholding reduction of up to 4.83% [44] - The reduction is due to personal funding needs of the controlling shareholder and executives [44] Group 29 - *ST Zitian's stock may be terminated due to financial reporting issues [46] - The company is under regulatory scrutiny for failing to rectify its financial statements [46]

| | | 一、本次投资概述 股票简称：山鹰国际 股票代码：600567 公告编号：临 2025-056 山鹰国际控股股份公司 关于发起设立智源基金的公告 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： 山鹰国际控股股份公司（以下简称"公司"或"山鹰国际"）全资子公司 上海山鹰私募基金管理有限公司（以下简称"山鹰私募"）拟发起设立安徽山鹰 智源股权投资合伙企业（有限合伙）（暂定名，以下简称"智源基金"），山鹰 国际作为有限合伙人认缴出资 9,900 万元，山鹰私募作为普通合伙人认缴出资 100 万元。 智源基金主要投资于与工业产业场景紧密相关、运用工业智能技术的产 品企业，利用公司在回收、造纸、包装等环节的丰富产业场景，以及多年产业互 联网实践积累的产业数据优势，与优质科技企业合作，孵化具备赋能传统制造场 景的工业智能产品企业，探索"新质生产力"在传统产业领域的落地路径。 本次投资不构成关联交易，不构成重大资产重组。 智源基金尚处于筹备设立阶段，尚未完成工商注册及中国证券投资基金 业协会备案，实施过程存在不确定 ...

山鹰国际控股股份公司(以下简称"公司"或"本公司")第九届董事会第二十 九次会议审议通过了《关于 2022 年核心员工持股计划存续期延长的议案》，同意公 司将 2022 年核心员工持股计划（以下简称"2022 年核心员工持股计划"）的存续 期延长 12 个月，即存续期延长至 2026 年 8 月 1 日，现将相关情况公告如下： 一、2022 年核心员工持股计划的基本情况 | 股票简称：山鹰国际 | | | 股票代码：600567 | 公告编号：临 2025-055 | | --- | --- | --- | --- | --- | | 债券简称：鹰 | 19 | 转债 | 债券代码：110063 | | 山鹰国际控股股份公司 关于 2022 年核心员工持股计划存续期延长的公告 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。 二、2022 年核心员工持股计划本次存续期延长情况 2022 年核心员工持股计划存续期将于 2025 年 8 月 1 日届满，根据公司《2022 年核心员工持股计划（草案）》的相关规定，经出席持有人会议的代 ...

Core Viewpoint - The company, Shanying International, is focused on reducing its debt ratio to below 60% by 2025, while also enhancing investment returns and maintaining stable cash flow management [2][3]. Group 1: Financial Performance - As of July 18, 2025, Shanying International's stock closed at 1.87 yuan, down 0.53%, with a turnover rate of 1.36%, a trading volume of 743,300 shares, and a transaction value of 139 million yuan [1]. - On the same day, the net outflow of main funds was 23.746 million yuan, accounting for 17.07% of the total transaction value [4][5]. Group 2: Debt Management - The company aims to lower its comprehensive debt ratio to below 60% as a key priority starting from 2025, with ongoing efforts to enhance risk resistance [2]. - The company is committed to implementing measures to reduce debt and improve project investment returns [2]. Group 3: Corporate Actions - The company is in the process of selling a subsidiary and bringing in state-owned capital, with updates to be disclosed according to regulatory requirements [3]. - There are inquiries regarding potential acquisitions of the major shareholder's household paper and pulp businesses, but the company has stated that relevant information will be disclosed through official channels [2][3].

Summary of Key Points Core Viewpoint - On July 11, 2025, Shanying International (600567) reported a closing price of 1.93 yuan, reflecting a decline of 1.03% with a turnover rate of 2.51% and a trading volume of 1.3724 million shares, resulting in a total transaction value of 265 million yuan [1]. Trading Information - On July 11, the capital flow for Shanying International indicated a net outflow of 47.9308 million yuan from main funds, accounting for 18.08% of the total transaction value. Conversely, retail funds saw a net inflow of 18.544 million yuan, representing 6.99% of the total transaction value [2][4]. Company Announcements - Shanying International announced its first share buyback through centralized bidding, with the plan disclosed on June 25, 2025. The buyback period is set from June 23, 2025, to December 22, 2025, with an expected buyback amount between 500 million yuan and 1 billion yuan [2]. - The company has already repurchased 1,999,800 shares, which is 0.04% of the total share capital, with a total expenditure of 3,879,612 yuan at a price range of 1.94 yuan per share [2][4]. - The board approved the buyback plan on June 23, 2025, with a total buyback fund of no less than 500 million yuan and no more than 1 billion yuan, and a maximum buyback price of 2.50 yuan per share [2]. - As of July 1, 2025, the company secured a loan commitment from the Bank of China, Anhui Branch, for up to 300 million yuan to support the buyback, with a loan term of 36 months [2]. - The first buyback occurred on July 10, 2025, with the purchase price remaining consistent at 1.94 yuan per share, totaling 3,879,612 yuan [2].

Group 1 - The company announced a share repurchase plan with a total expected amount between RMB 500 million and RMB 1 billion, with a maximum repurchase price of RMB 2.50 per share [1][2] - The repurchase period is set from June 23, 2025, to December 22, 2025, following the board's approval on June 25, 2025 [1] - The company has already repurchased 1,999,800 shares, accounting for 0.04% of the total share capital, with a total expenditure of RMB 3,879,612 at a fixed price of RMB 1.94 per share [1][2] Group 2 - The company has secured a special repurchase loan commitment from China Industrial Bank for up to RMB 300 million, with a loan term of 36 months [2] - A formal loan agreement has been signed with the bank, and the funds have been deposited into the company's account [2] - The company will adhere to relevant regulations and guidelines during the repurchase process and will disclose progress updates to investors [3]

证券代码：600567 证券简称：山鹰国际 公告编号：2025-054 山鹰国际控股股份公司 关于以集中竞价交易方式首次回购股份的公告 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： 2025 年 7 月 1 日，公司在《上海证券报》、《中国证券报》、《证券时报》和上 海证券交易所网站（www.sse.com.cn）披露了《关于取得金融机构股票回购专项 贷款承诺函的公告》（公告编号：临 2025-050），公司取得中国工商银行股份有限 公司安徽省分行出具的《贷款承诺函》，承诺为公司上述回购提供金额不超过人民 币 3 亿元的专项回购借款，借款期限 36 个月。截至目前，公司已与中国工商银行 股份有限公司马鞍山花山支行签订了《上市公司股票回购借款合同》，借款金额 3 亿元，回购专项贷款已发放至公司银行账户。 二、 回购股份的进展情况 根据《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，现将公司首次回购股份情况公告如下： 2025 年 7 月 10 日，公司通过集中竞价 ...

Group 1 - The stock price of Shanying International (600567) closed at 1.92 yuan on July 7, 2025, with an increase of 1.59% and a trading volume of 876,100 hands, resulting in a transaction amount of 167 million yuan [1] - The net inflow of main funds on July 7 was 6.23 million yuan, accounting for 3.73% of the total transaction amount, while retail investors had a net outflow of 6.60 million yuan, accounting for 3.95% [1] - Over the past five days, the stock has experienced fluctuations in fund flow, with notable net inflows and outflows from both main and retail investors [1] Group 2 - Shanying International's total market value is 10.505 billion yuan, significantly higher than the industry average of 6.375 billion yuan, ranking 4th in the industry [2] - The company's net assets stand at 16.857 billion yuan, also above the industry average of 4.162 billion yuan, ranking 2nd [2] - The net profit for the first quarter of 2025 was 32.8145 million yuan, a decrease of 16.0% year-on-year, while the main revenue was 6.766 billion yuan, an increase of 1.45% year-on-year [2]

Core Viewpoint - The company, Shanying International, is planning to repurchase shares using its own or raised funds, with a total budget of 500 million to 1 billion RMB, and has obtained a loan commitment from a bank for this purpose [2]. Company Announcements Summary - Shanying International announced plans to repurchase shares with a budget of 500 million to 1 billion RMB, with a maximum repurchase price of 2.50 RMB per share and a duration of 6 months [2]. - As of June 30, 2025, the company has not yet implemented any share repurchase, with a total of 0 shares repurchased, representing 0% of the total share capital [2]. - The largest shareholder, Fujian Taisheng Industrial Co., Ltd., holds 1,341,572,672 shares, accounting for 24.52% of the total shares [2]. - The company has received a loan commitment of up to 300 million RMB from the Bank of China for the share repurchase, with a loan term of 36 months [2].