Group 1 - The meeting of Jiangsu Jixin Wind Energy Technology Co., Ltd. is scheduled for September 15, 2025, at 14:00, with registration ending at 13:45 [1] - The meeting will cover several key proposals, including the 2025 semi-annual profit distribution plan and the cancellation of the supervisory board [1][5] - The company plans to distribute a cash dividend of 0.1 yuan per 10 shares, totaling approximately 9.69 million yuan based on the total share capital of 969,033,512 shares as of June 30, 2025 [4] Group 2 - The company proposes to cancel the supervisory board and amend the articles of association, transferring the supervisory responsibilities to the audit committee of the board [5][6] - The meeting will also address the revision of several governance systems, including the fundraising management system and the independent director work system [1][7][8] - The voting process will combine on-site and online voting, with specific rules for ballot submission and counting [2][3]

Group 1 - Jixin Technology (601218) experienced a trading halt today with a turnover rate of 9.47% and a transaction amount of 425 million yuan, showing a fluctuation of 10.38% [1] - The stock was listed on the Shanghai Stock Exchange due to a daily price deviation of 8.88%, with a net buying amount of 73.699 million yuan from brokerage seats [2] - The top five brokerage seats accounted for a total transaction of 134 million yuan, with a buying amount of 104 million yuan and a selling amount of 30.252 million yuan, resulting in a net buying of 73.699 million yuan [2] Group 2 - In the past six months, the stock has appeared on the trading list six times, with an average price drop of 1.28% the day after being listed and an average drop of 9.14% over the following five days [3] - The stock saw a net inflow of 194 million yuan in main funds today, with a significant single net inflow of 196 million yuan, while large single funds experienced a net outflow of 1.5915 million yuan [4] - The latest margin trading data shows a total margin balance of 195 million yuan, with a financing balance of 195 million yuan and a securities lending balance of 40,800 yuan, indicating a decrease in financing balance of 15.8819 million yuan (7.52% decline) over the past five days [4] Group 3 - Jixin Technology reported a revenue of 715 million yuan for the first half of the year, representing a year-on-year growth of 23.20%, and a net profit of 81.5617 million yuan, reflecting a year-on-year increase of 143.18% [4]

江苏吉鑫风能科技股份有限公司 2025 年第一次临时股东大会 会议材料 二〇二五年九月十五日 1/9 目 录 | 第一部分：2025 | 年第一次临时股东大会会议议程 3 | | --- | --- | | 第二部分：2025 | 年第一次临时股东大会会议规则 5 | | 第三部分：2025 | 年第一次临时股东大会提案 7 | | 提案一：关于 | 2025 年半年度利润分配预案 7 | | | 提案二：关于取消监事会并修订《公司章程》及其附件的议案 8 | | | 提案三：关于制定及修订公司部分治理制度的议案 9 | 2/9 第一部分： 江苏吉鑫风能科技股份有限公司 2025年第一次临时股东大会会议议程 一、现场会议召开时间：2025年9月15日下午14:00时；为保证会议按时召开， 现场会议登记时间截至13:45。 二、现场会议地点：江苏省江阴市云亭街道工业园区那巷路8号公司行政大楼 三楼会议室 三、网络投票时间：采用上海证券交易所网络投票系统，通过交易系统投票 平台的投票时间为股东大会召开当日的交易时间段，即9:15-9:25，9:30-11:30， 13:00-15:00；通过互联网投票平台的投票时 ...

Group 1 - Wind power equipment sector increased by 7.15% on September 5, with Yunda Co., Ltd. leading the gains [1] - Shanghai Composite Index closed at 3812.51, up 1.24%, while Shenzhen Component Index closed at 12590.56, up 3.89% [1] - Notable stock performances include Yunda Co., Ltd. with a closing price of 19.08, up 20.00%, and Xinqianglian with a closing price of 39.36, up 16.62% [1] Group 2 - The wind power equipment sector saw a net inflow of 1.618 billion yuan from main funds, while retail investors experienced a net outflow of 861 million yuan [2] - Key stocks in terms of fund flow include Jin Feng Technology with a main fund net inflow of 382 million yuan, and Yunda Co., Ltd. with a net outflow of 208 million yuan from retail investors [3] - The overall market sentiment indicates a strong interest from institutional investors, contrasting with the outflows from retail investors [2][3]

Group 1 - The A-share market has seen a strong performance in wind power concept stocks, with notable gains in several companies [1] - Yunda Co., Ltd. reached a 20% limit up, while Jixin Technology increased by 10% [1][2] - Other companies such as Dajin Heavy Industry and Goldwind Technology rose over 7%, and Tiens Wind Energy increased by over 6% [1][2] Group 2 - The market capitalization of Yunda Co., Ltd. is 15 billion, with a year-to-date increase of 44.80% [2] - Jixin Technology has a market cap of 4.535 billion, with a year-to-date increase of 43.56% [2] - Dajin Heavy Industry has a market cap of 24.9 billion, with a remarkable year-to-date increase of 90.93% [2]

Group 1 - The wind power equipment sector experienced a strong rally on September 5, with significant gains in various companies [1] - Jixin Technology reached its daily limit increase, indicating strong market interest [1] - Yunda Co. saw an increase of over 15%, reflecting positive investor sentiment [1] Group 2 - Other companies in the sector, such as Haili Wind Power, New Strong Union, Dajin Heavy Industry, and Jinlei Co., also experienced upward movement in their stock prices [1]

Core Insights - The wind power concept stocks in the A-share market have shown strong performance, with several companies hitting their daily price limits [1] Group 1: Stock Performance - Yunda Co., Ltd. (运达股份) reached a 20% increase, with a total market value of 15 billion [2] - Jixin Technology (吉鑫科技) saw a 10.12% rise, with a market capitalization of 4.535 billion [2] - Dajin Heavy Industry (大金重工) increased by 7.91%, with a market value of 24.9 billion [2] - Gold Wind Technology (金风科技) rose by 7.02%, with a market capitalization of 50.2 billion [2] - Tiensun Wind Energy (天顺风能) experienced a 6.5% increase, with a total market value of 1.35 billion [2] - Other notable performers include Meilei Co., Ltd. (美雷股份) up 5.93%, Haili Wind Power (海力风电) up 5.92%, and Weili Transmission (威力传动) up 5.77% [1][2] Group 2: Year-to-Date Performance - Yunda Co., Ltd. has a year-to-date increase of 44.80% [2] - Jixin Technology has risen 43.56% year-to-date [2] - Dajin Heavy Industry shows a significant year-to-date increase of 90.93% [2] - Gold Wind Technology has a year-to-date increase of 16.70% [2] - Tiensun Wind Energy has a year-to-date decline of 4.39% [2] - Other companies like Meilei Co., Ltd. and Haili Wind Power have year-to-date increases of 37.74% and 49.22% respectively [2]

Core Viewpoint - The AI Fund Hongde New Energy Industry Mixed Initiation A (018029) reported a profit of 468,700 yuan for the first half of 2025, with a weighted average profit per fund share of 0.0444 yuan. The fund's net value growth rate was 6.4%, and the fund size reached 7.7564 million yuan by the end of the first half of the year [2]. Fund Performance - As of September 3, 2025, the fund's one-year cumulative net value growth rate was 50.93%, ranking it 55 out of 169 comparable funds. The three-month and six-month growth rates were 27.97% and 24.93%, ranking 39 out of 171 and 20 out of 171, respectively [4]. - The fund's net value as of September 3, 2025, was 0.858 yuan per unit [2]. Economic Context - The fund management indicated that the overall economic operation was stable in the first half of the year, with GDP growth of 5.3% year-on-year, supported by policies promoting consumption and investment. However, uncertainties regarding exports and consumption in the second half of the year were noted, with a need for effective policy stimulation to address potential economic momentum shortages [2]. Valuation Metrics - As of June 30, 2025, the fund's weighted average price-to-earnings (P/E) ratio was approximately 43.24 times, compared to the industry average of 36.17 times. The weighted average price-to-book (P/B) ratio was about 2 times, while the industry average was 2.99 times. The weighted average price-to-sales (P/S) ratio was approximately 1.95 times, against an industry average of 2.5 times [10]. Growth Metrics - For the first half of 2025, the weighted average revenue growth rate of the stocks held by the fund was -0.02%, and the weighted average net profit growth rate was 0.6%. The weighted annualized return on equity was 0.05% [16]. Fund Holdings and Turnover - As of June 30, 2025, the fund had a total of 174 holders, with a total of 10.7206 million shares held. Institutional investors accounted for 93.28% of the holdings, while individual investors made up 6.72% [32]. - The fund's turnover rate for the last six months was approximately 205.04% [35]. Top Holdings - The top ten holdings of the fund included companies such as Ningde Times, Sunshine Power, Longi Green Energy, China Nuclear Power, and Huayou Cobalt [37].

Group 1 - The core viewpoint of the article highlights the strong financial performance of Jixin Technology (601218) in its 2025 mid-year report, with significant increases in revenue and net profit [1] - The total operating revenue reached 715 million yuan, a year-on-year increase of 23.2%, while the net profit attributable to shareholders was 81.56 million yuan, up 143.18% year-on-year [1] - In Q2, the operating revenue was 377 million yuan, reflecting a 9.65% year-on-year growth, and the net profit for the quarter was 39.55 million yuan, an increase of 86.55% year-on-year [1] Group 2 - The company's gross profit margin improved by 38.95% year-on-year, reaching 26.16%, while the net profit margin increased by 97.73% to 11.41% [1] - Total selling, administrative, and financial expenses amounted to 29.76 million yuan, accounting for 4.16% of revenue, which is a decrease of 14.75% year-on-year [1] - Earnings per share rose significantly by 145.48% to 0.08 yuan, while operating cash flow per share decreased by 37.66% to 0.12 yuan [1] Group 3 - The company's return on invested capital (ROIC) was 1.51%, indicating a weak capital return, with a historical median ROIC of 4.27% over the past decade [2] - The net profit margin last year was 2.47%, suggesting low added value for the company's products or services [2] - The company has a healthy cash asset position, which is crucial for its debt repayment capability [2] Group 4 - The accounts receivable situation is concerning, with accounts receivable to profit ratio reaching 2002.5% [3]

Core Viewpoint - The company plans to distribute a cash dividend of 0.1 yuan per 10 shares for the first half of 2025, based on its financial performance and subject to shareholder approval [1][2]. Summary by Sections Profit Distribution Plan - The company reported a net profit attributable to shareholders of 81,561,657.69 yuan for the first half of 2025, with cumulative distributable profits amounting to 608,839,531.53 yuan as of June 30, 2025 [1]. - The total number of shares as of June 30, 2025, is 969,033,512, leading to a total cash dividend distribution of 9,690,335.12 yuan (including tax) [1]. Decision-Making Process - The company's board of directors held a meeting on August 28, 2025, where the profit distribution proposal was approved with 7 votes in favor and no opposition [2]. - The supervisory board also approved the profit distribution proposal, stating it complies with relevant laws and regulations and supports the company's long-term development [2].