Core Viewpoint - Shanghai Mechanical and Electrical Co., Ltd. has experienced a significant decline in stock price, dropping 3.43% on October 14, with a cumulative decline of 7.85% over four consecutive days [1][2]. Group 1: Company Overview - Shanghai Mechanical and Electrical Co., Ltd. was established on February 24, 1994, and is located at 1286 Minsheng Road, Pudong New District, Shanghai [1]. - The company specializes in the manufacturing of electromechanical integrated equipment, including elevators, printing and packaging machinery, and hydraulic and pneumatic products [1]. - The revenue composition of the company is as follows: 68.97% from products, 30.83% from services, and 0.20% from rental income [1]. Group 2: Shareholder Information - Yongying Fund's advanced manufacturing mixed fund (018124) entered the top ten circulating shareholders of Shanghai Mechanical and Electrical, holding 7.5022 million shares, which is 0.73% of the circulating shares [2]. - The fund has incurred a floating loss of approximately 6.752 million yuan today and a total floating loss of 16.2048 million yuan during the four-day decline [2]. - The fund was established on May 4, 2023, with a current scale of 2.976 billion yuan and has achieved a year-to-date return of 85.56%, ranking 111 out of 8162 in its category [2].

Core Points - The company held a joint meeting of the employee representative assembly on October 10, 2025, to elect Mr. Han Huiming as the employee director of the 11th board of directors [1] - Mr. Han Huiming was previously a non-employee director and his election maintains the board composition, ensuring that the number of employee representatives does not exceed half of the total board members, in compliance with relevant laws and regulations [1][2] Summary by Sections - **Election Announcement** - The company announced the election of Mr. Han Huiming as the employee director, effective from the date of election [1] - The term of Mr. Han will last until the end of the 11th board's term [1] - **Board Composition** - The election of Mr. Han ensures that the number of employee directors and senior management does not exceed half of the total board members, adhering to legal and regulatory requirements [1] - **Mr. Han Huiming's Background** - Mr. Han was born in 1974 and holds a Master's degree in Business Administration [2] - He has held various positions in Shanghai Mitsubishi Elevator Co., Ltd., including assistant to the secretary department and general manager of the management center [2] - Currently, he serves as the employee director of Shanghai Mechanical and Electrical Co., Ltd. and is also the deputy secretary and discipline inspection secretary of the Shanghai Mitsubishi Elevator Co., Ltd. [2]

Core Viewpoint - Shanghai Mechanical and Electrical Co., Ltd. has experienced a significant stock price fluctuation, with a year-to-date increase of 47.09% but a recent decline of 6.23% over the past five trading days [2]. Group 1: Stock Performance - As of October 14, the stock price of Shanghai Mechanical was reported at 25.74 CNY per share, with a trading volume of 196 million CNY and a turnover rate of 0.93%, resulting in a total market capitalization of 26.325 billion CNY [1]. - The stock has seen a 6.23% decline over the last five trading days and a 1.08% decline over the last 20 days, while it has increased by 18.62% over the last 60 days [2]. Group 2: Financial Performance - For the first half of 2025, Shanghai Mechanical reported a revenue of 9.438 billion CNY, reflecting a year-on-year decrease of 6.41%, and a net profit attributable to shareholders of 491 million CNY, down 6.67% year-on-year [2]. - The company has distributed a total of 6.754 billion CNY in dividends since its A-share listing, with 1.524 billion CNY distributed over the last three years [3]. Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders for Shanghai Mechanical was 65,300, a decrease of 6.09% from the previous period, with an average of 0 circulating shares per shareholder [2]. - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 20.6421 million shares, which is a decrease of 1.7446 million shares from the previous period [3].

（文章来源：证券日报） 证券日报网讯 10月13日晚间，上海机电发布公告称，公司于2025年10月10日召开公司职工代表大会第 一次联席会议，选举韩慧明先生为公司第十一届董事会职工董事。 ...

关于选举职工董事的公告 证券代码：600835(A) 900925(B) 股票简称：上海机电 机电 B 股 编号：临 2025-033 上海机电股份有限公司 特此公告。 上海机电股份有限公司董事会 二○二五年十月十四日 附：简历 韩慧明先生：1974 年出生，工商管理硕士。曾任上海三菱电梯有限公司秘 书部部长助理，总裁办公室主任助理、副主任、主任，管理中心总经理，上海机 电股份有限公司职工代表监事。现任上海机电股份有限公司职工董事，上海三菱 电梯有限公司党委副书记、纪委书记。 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。 上海机电股份有限公司（以下简称"公司"）于2025年10月10日召开公司职 工代表大会第一次联席会议，选举韩慧明先生为公司第十一届董事会职工董事， 任期自职工代表大会选举通过之日起至第十一届董事会任期届满之日止。韩慧明 先生由原公司第十一届董事会非职工董事调整为公司第十一届董事会职工董事， 董事会构成人员不变。 韩慧明先生当选公司职工董事后，公司第十一届董事会中兼任公司高级管理 人员以及由职工代表担任的董事 ...

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。 证券代码：600835(A) 900925(B) 股票简称：上海机电 机电B股 编号：临2025-032 上海机电股份有限公司 关于办公地址变更的公告 上海机电股份有限公司董事会 自2025年10月16日起，上海机电股份有限公司（以下简称"公司"）搬迁至上海市江场路1450号T5幢14层 办公，现将公司搬迁后的办公地址信息及联系方式公告如下： 二○二五年十月十一日 公司注册地址、电话、传真、网站、电子邮箱均不发生变更。 特此公告。 1、 办公及联络地址：上海市江场路1450号T5幢14层 2、 邮政编码：200072 ...

Core Viewpoint - Shanghai Mechanical and Electrical Co., Ltd. announced the relocation of its office to a new address, indicating potential new developments and strategic planning for the company's future [1] Summary by Relevant Sections - **Office Relocation Details** - The company will move to 14th floor, T5 Building, 1450 Jiangchang Road, Shanghai, effective from October 16, 2025 [1] - The new postal code will be 200072 [1] - **Unchanged Information** - The company's registered address, phone number, fax, website, and email will remain unchanged [1] - **Market Implications** - The relocation may suggest new business strategies and developments, which will be closely monitored by the market [1]

证券代码：600835(A) 900925(B) 股票简称：上海机电 机电 B 股 编号：临 2025-032 上海机电股份有限公司 1、 办公及联络地址：上海市江场路1450号T5幢14层 2、 邮政编码：200072 公司注册地址、电话、传真、网站、电子邮箱均不发生变更。 特此公告。 上海机电股份有限公司董事会 二○二五年十月十一日 关于办公地址变更的公告 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。 自2025年10月16日起，上海机电股份有限公司（以下简称"公司"）搬迁至上 海市江场路1450号T5幢14层办公，现将公司搬迁后的办公地址信息及联系方式公 告如下： ...

Core Viewpoint - The Chinese elevator industry is experiencing a decline in production, with a notable decrease in output for the year 2025 compared to previous years [1] Industry Summary - In July 2025, the production of elevators, escalators, and lifts in China reached 115,000 units, representing a year-on-year decrease of 3.4% [1] - From January to July 2025, the cumulative production of these devices was 769,000 units, showing a cumulative decline of 5.6% [1] - The data indicates a downward trend in the elevator industry, which may impact investment opportunities and market dynamics [1] Company Summary - Listed companies in the elevator sector include 康力电梯 (Kangli Elevator), 森赫股份 (Senhe Co.), 广日股份 (Guangri Co.), 上海机电 (Shanghai Mechanical & Electrical), 金螳螂 (Jin Tanglang), 快意电梯 (Kuaiji Elevator), 梅轮电梯 (Meilun Elevator), and 远大智能 (Yuan Da Intelligent) [1] - The report by 智研咨询 (Zhiyan Consulting) provides insights into the competitive landscape and future trends of the elevator industry from 2025 to 2031 [1]

Core Viewpoint - The Chinese elevator industry is experiencing a decline in production, with significant year-on-year decreases reported for 2025 [1][2]. Industry Summary - In May 2025, the production of elevators, escalators, and lifts in China reached 124,000 units, representing a year-on-year decrease of 8.1% [1]. - From January to May 2025, the cumulative production of elevators, escalators, and lifts was 517,000 units, showing a cumulative decline of 6.5% [1]. Company Summary - Listed companies in the elevator sector include 康力电梯 (Kangli Elevator), 森赫股份 (Senhe Co.), 广日股份 (Guangri Co.), 上海机电 (Shanghai Mechanical), 金螳螂 (Jintanglang), 快意电梯 (Kuaiyi Elevator), 梅轮电梯 (Meilun Elevator), and 远大智能 (Yuanda Intelligent) [1].