Group 1 - Jiangsu Linyang Energy Co., Ltd. has won a significant contract in the "First Batch Framework Tender Project for Metering Equipment of China Southern Power Grid Company 2025," with a total bid amount of approximately 244.08 million yuan [1][2] - The company was awarded contracts in six categories, including A-level single-phase smart energy meters and B-level three-phase smart energy meters, among others [1][2] - The contract is expected to positively impact the company's operations and performance in 2025 and 2026, although it will not affect the company's business independence [2] Group 2 - The tendering party, China Southern Power Grid Co., Ltd., has a registered capital of 90.2 billion yuan and operates in various sectors related to the investment, construction, and management of the southern regional power grid [2] - There is no relationship between Linyang Energy and the tendering party, ensuring an independent transaction [2] - Although the company has received the bid notification, a formal contract has yet to be signed, and there are uncertainties regarding contract terms and delivery timelines [2]

Group 1 - Dematech won a 900 million yuan overseas smart logistics project from a well-known e-commerce giant in Latin America, focusing on intelligent logistics cross-belt sorting systems and related services [1] - Kang En Bei received approval for the registration of short-term financing bonds and medium-term notes, with a total registration amount of 1 billion yuan, valid for two years [1][2] - Zhi Xiang Jin Tai's GR1803 injection for systemic lupus erythematosus clinical trial has been approved by the National Medical Products Administration [2] Group 2 - Jin Da Wei's subsidiary received approval for a veterinary drug product, pyridone, valid from September 3, 2025, to September 2, 2030 [4] - Fu Li Wang's subsidiary plans to invest 500 million yuan in a high-end wire material project, focusing on high-strength prestressed steel strands for various applications [5] - He Li Biological's subsidiary's Class III medical device registration application has been accepted, focusing on natural bone repair materials [12] Group 3 - Lin Yang Energy won a 244 million yuan metering equipment project from Southern Power Grid, expected to positively impact its 2025 and 2026 performance [20] - Sanxia Water plans to absorb its wholly-owned subsidiary, Chongqing Changdian United Energy, with all assets and liabilities to be inherited by Sanxia Water [13] - Tian Cheng Technology canceled the use of 91 million yuan of raised funds for permanent working capital, ensuring no impact on the normal operation of investment projects [24] Group 4 - Baosteel received approval to publicly issue bonds totaling 20 billion yuan to professional investors, valid for 24 months [52] - Tian Kang Biological reported a 10.15% year-on-year increase in pig sales in August, with a total of 263,800 pigs sold [53] - Xinjiang Construction won multiple major projects totaling 4.506 billion yuan, including a 2.4 billion yuan photovoltaic hydrogen synthesis project [18]

江苏林洋能源股份有限公司 关于重大经营合同中标的公告 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。 一、项目中标的主要内容 证券代码：601222 证券简称：林洋能源 公告编号：临 2025-55 江苏林洋能源股份有限公司（以下简称"公司"）参与了"南方电网公司 2025 年计量设备第一批框架招标项目（招标编号：CG2700022002051852）"，南方电网 公司于 2025 年 9 月 1 日在中国南方电网供应链统一服务平台公告了"南方电网公 司 2025 年计量设备第一批框架招标项目中标公示"。公司于近日收到本次招标代 理机构南方电网供应链集团有限公司发给本公司的中标通知书，公司成为上述项 目的中标人之一，共中 6 个品类，中标金额约 24,407.76 万元。 公司于 2025 年 9 月 3 日在《上海证券报》、《证券时报》和上海证券交易所网 站（www.sse.com.cn）上发布了《江苏林洋能源股份有限公司关于重大经营合同预 中标的提示性公告》（公告编号：临 2025-52），本次预中标共 6 个品类，分别为 ...

林洋能源（601222）(601222.SH)发布公告，公司参与了"南方电网公司2025年计量设备第一批框架招标 项目(招标编号：CG2700022002051852)"，南方电网公司于2025年9月1日在中国南方电网供应链统一服 务平台公告了"南方电网公司2025年计量设备第一批框架招标项目中标公示"。公司于近日收到本次招标 代理机构南方电网供应链集团有限公司发给公司的中标通知书，公司成为上述项目的中标人之一，共中 6个品类，中标金额约2.44亿元。 本次中标金额约2.44亿元，中标合同的履行预计将对公司2025年及2026年经营工作和经营业绩产生积极 的影响，但对公司业务、经营的独立性不产生影响。 ...

Core Viewpoint - LinYuan Energy (601222.SH) has won a bid for the "First Batch of Framework Bidding Project for Metering Equipment in 2025" from the Southern Power Grid Company, with a total bid amount of approximately 244 million yuan [1] Group 1: Bid Details - The company participated in the bidding project announced on September 1, 2025, by the Southern Power Grid Company [1] - LinYuan Energy was notified of its successful bid by the bidding agency, Southern Power Grid Supply Chain Group Co., Ltd. [1] - The company won bids in six categories under this project [1] Group 2: Financial Impact - The total bid amount is approximately 244 million yuan [1] - The execution of this contract is expected to have a positive impact on the company's operations and performance in 2025 and 2026 [1] - The bid win will not affect the company's business independence [1]

格隆汇9月10日丨林洋能源(601222.SH)公布，公司参与了"南方电网公司2025年计量设备第一批框架招 标项目（招标编号：CG2700022002051852）"，南方电网公司于2025年9月1日在中国南方电网供应链统 一服务平台公告了"南方电网公司2025年计量设备第一批框架招标项目中标公示"。公司于近日收到本次 招标代理机构南方电网供应链集团有限公司发给本公司的中标通知书，公司成为上述项目的中标人之 一，共中6个品类，中标金额约2.44亿元。 ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [7]. Core Viewpoints - The company reported a significant improvement in profitability on a quarter-on-quarter basis, with a focus on optimizing expense ratios [5]. - In the first half of 2025, the company achieved revenue of 2.481 billion yuan, a year-on-year decrease of 28.35%, and a net profit attributable to the parent company of 324 million yuan, down 45.88% year-on-year [2][5]. - The second quarter of 2025 saw revenue of 1.358 billion yuan, a year-on-year decrease of 28.89% and a quarter-on-quarter decrease of 20.81%, while the net profit was 200 million yuan, down 47.37% year-on-year but up 62.09% quarter-on-quarter [2][5]. Summary by Relevant Sections Smart Meter Segment - In the first half of 2025, the company won bids totaling approximately 165 million yuan in the State Grid's electric meter procurement and 35 million yuan in the Mengxi power grid [5]. - The company has expanded its overseas sales revenue by nearly 50% year-on-year, leveraging partnerships with global leaders and local strategies [5]. New Energy Segment - The company is actively developing various renewable energy projects, with over 1,225 MW under construction and over 495 MW started in 2025 [5]. - As of the end of the first half of 2025, the company held over 1.3 GW of renewable energy projects and provided operation and maintenance services for over 20 GW of capacity [5]. Energy Storage Segment - By the end of the first half of 2025, the company delivered and connected over 5 GWh of energy storage systems, with a project reserve scale of 10 GWh [5]. Financial Data - The company recorded an asset impairment loss of 26 million yuan in the first half of 2025, primarily due to inventory depreciation [5]. - The expense ratio for Q2 2025 was 15.09%, a decrease of 3.69 percentage points quarter-on-quarter, with all expense ratios showing a decline [5]. - The company improved its manufacturing cost by 8% in the first half of 2025 through lean production practices [5].

Core Viewpoint - Linyang Energy's stock performance shows a slight increase, but financing activities indicate a net outflow, suggesting cautious investor sentiment [1][2]. Financing Summary - On September 9, Linyang Energy had a financing buy-in amount of 19.44 million yuan and a financing repayment of 27.98 million yuan, resulting in a net financing outflow of 8.54 million yuan [1]. - The total financing and securities balance for Linyang Energy reached 563 million yuan, with the financing balance accounting for 4.29% of the circulating market value, which is below the 10% percentile level over the past year, indicating a low financing level [1]. - The company had a securities lending repayment of 7,200 shares and a securities lending sell-out of 6,100 shares, with a sell-out amount of 38,700 yuan calculated at the closing price [1]. Business Performance Summary - As of June 30, Linyang Energy reported a total of 78,900 shareholders, an increase of 3.16% from the previous period, while the average circulating shares per person decreased by 3.07% to 26,108 shares [2]. - For the first half of 2025, Linyang Energy achieved an operating income of 2.481 billion yuan, a year-on-year decrease of 28.35%, and a net profit attributable to shareholders of 324 million yuan, down 45.88% year-on-year [2]. Dividend and Shareholding Summary - Since its A-share listing, Linyang Energy has distributed a total of 3.319 billion yuan in dividends, with 1.529 billion yuan distributed over the past three years [3]. - As of June 30, 2025, among the top ten circulating shareholders, Hong Kong Central Clearing Limited held 20.08 million shares, a decrease of 10.996 million shares from the previous period [3]. - The Guangfu ETF and other ETFs showed varying changes in shareholding, with some increasing and others decreasing their holdings [3].

Group 1 - Matrix Co., Ltd. announced that its wholly-owned subsidiary, Anke Technology, introduced a strategic investor, Shenzhen Jifu New Industry Venture Capital Fund, which invested 5 million yuan for a 10% stake [1] - Heng Rui Medicine received approval from the National Medical Products Administration for its Eicosapentaenoic Acid Ethyl Ester Soft Capsule, aimed at reducing triglyceride levels in patients with severe hypertriglyceridemia [1] - Mo Gao Co., Ltd. announced the resignation of its Vice President Jin Baoshan due to job transfer [1] Group 2 - Yao Wang Technology decided to terminate two fundraising projects and will permanently supplement the remaining funds into working capital [2] - Minhe Livestock reported sales of 25.53 million chicklings in August, generating revenue of 86.41 million yuan, with year-on-year growth of 27.60% [2] - Sichuan Jinding announced the resignation of its Director and General Manager Xiong Jifeng due to personal reasons [3] Group 3 - Taiji Group received approval for clinical trials of its Semaglutide Injection, aimed at blood sugar control in type 2 diabetes patients [5] - Jieput announced plans to increase capital in its affiliate, Suidong Intelligent Technology, with an investment of 5 million yuan for a 5% stake [7] - GeLing Deep Vision's controlling shareholders committed not to reduce their shareholdings for six months starting from September 17, 2025 [8] Group 4 - Huafeng Superfiber reported the resignation of its Vice President Liu Cong due to personal reasons [9] - Xiaoming Co., Ltd. reported sales revenue of 79.90 million yuan from chicken products in August, with year-on-year growth of 11.73% [11] - Lion Head Co., Ltd. announced that its application for issuing shares and cash to acquire assets has been accepted by the Shanghai Stock Exchange [12] Group 5 - Jinlong Automobile reported a bus sales volume of 4,074 units in August, a year-on-year increase of 23.6% [43] - Metro Design signed a contract for the Ho Chi Minh City urban rail transit project in Vietnam, with a total amount of 1.754 trillion VND [45] - North New Road and Bridge announced winning a mining construction project worth 504 million yuan [28]

Core Viewpoint - LinYuan Energy has signed a supply contract for smart meters with Landis&Gyr Pty Ltd, which is expected to contribute approximately 5.69% to the company's audited revenue for 2024 [1] Group 1: Contract Details - The contract involves the supply of single and three-phase smart meter products over a delivery period of five years [1] - The total contract value is approximately $54 million, equivalent to about 383 million RMB [1] Group 2: Company Overview - LinYuan Energy primarily operates in three sectors: smart grid, new energy, and energy storage [1] - The company is a leading provider of smart power distribution products and system solutions, including smart meters and advanced metering infrastructure (AMI) solutions [1] Group 3: Market Strategy - The company aims to expand its domestic market vertically and its international market horizontally, participating in tenders from various power companies [2] - LinYuan Energy has sold products to over 50 countries and regions, leveraging strategic partnerships and acquisitions to secure overseas orders [2] Group 4: Financial Performance - In the first half of 2025, LinYuan Energy reported a revenue of 2.481 billion RMB, a year-on-year decrease of 28.35%, and a net profit of 324 million RMB, down 45.88% [2] Group 5: Global Expansion Efforts - The company is enhancing its global presence by deepening its strategic market engagement and localizing operations [3] - LinYuan Energy has established a joint venture in the Middle East and is expanding its market share in Central and Eastern Europe, particularly in Poland [3] - The company has delivered over one million smart meters in Asia and is establishing a regional headquarters and manufacturing base in Indonesia to support its expansion in Southeast Asia [3]