证券代码：603095 证券简称：越剑智能 公告编号：2025-031 浙江越剑智能装备股份有限公司 关于持股 5%以上股东权益变动触及 5%整数倍的提示 性公告 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： 本次权益变动系公司实施差异化权益分派，信息披露义务人合计持股比 例被动上升，以及信息披露义务人基于自身资金需求减持公司股份。 本次权益变动不触及要约收购，不会导致公司控股股东、实际控制人发 生变化，不会对公司治理结构及持续生产经营产生重大影响。 本次权益变动后，信息披露义务人合计持有公司股份比例由 71.67%减少 至 70.00%，触及 5%的整数倍。 2025 年 8 月 20 日，浙江越剑智能装备股份有限公司（以下简称"公司"） 收到孙剑华、马红光、孙文娟、孙建萍、浙江越剑控股有限公司、王伟良、韩明 海以及王君垚（以下简称"信息披露义务人"）发送的《简式权益变动报告书》 （以下简称"报告书"），因公司实施差异化权益分派以及信息披露义务人基于自 身资金需求减持公司股份，信息披露义务人合计持有公司股份 ...

Group 1 - On August 20, Yuejian Intelligent executed a block trade of 1.5689 million shares, with a transaction value of 21.8862 million yuan, accounting for 32.64% of the total trading volume for that day [1] - The transaction price was 13.95 yuan, which represents a discount of 10.58% compared to the market closing price of 15.6 yuan [1]

Core Insights - The company reported a total revenue of 651 million yuan for the first half of 2025, marking an increase of 76.04 million yuan compared to the same period last year, representing a year-on-year growth of 13.22% [1] - The net profit attributable to shareholders reached 62.63 million yuan, an increase of 20.02 million yuan from the previous year, reflecting a year-on-year growth of 46.99% [1] - The company experienced a net cash outflow from operating activities of 2.04 million yuan [1] Financial Metrics - The latest debt-to-asset ratio stands at 26.66%, a decrease of 0.48 percentage points from the previous quarter [3] - The gross profit margin is reported at 16.46%, an increase of 0.28 percentage points from the previous quarter and up 2.17 percentage points year-on-year [3] - The return on equity (ROE) is 2.63%, which is an increase of 0.91 percentage points compared to the same period last year [3] - The diluted earnings per share (EPS) is 0.24 yuan, an increase of 0.08 yuan year-on-year, reflecting a growth of 47.64% [3] - The total asset turnover ratio is 0.20 times, an increase of 0.02 times year-on-year, representing a growth of 11.44% [3] - The inventory turnover ratio is 1.74 times, an increase of 0.20 times from the previous year, reflecting a growth of 12.84% [3] Shareholder Structure - The number of shareholders is reported at 11,500, with the top ten shareholders holding a total of 188 million shares, accounting for 72.65% of the total share capital [3] - The largest shareholder is Zhejiang Yuejian Holdings Co., Ltd., holding 35.0% of the shares [3] - Other significant shareholders include Sun Jianhua (23.5%) and Sun Wenjuan (3.57%) [3]

Core Viewpoint - The recent financial report of Yuejian Intelligent (603095) shows a year-on-year increase in total revenue and net profit, indicating positive growth despite a decline in quarterly performance [1] Financial Performance Summary - Total revenue for the first half of 2025 reached 651 million yuan, a 13.22% increase compared to 575 million yuan in the same period of 2024 [1] - Net profit attributable to shareholders was 62.63 million yuan, up 46.99% from 42.61 million yuan in the previous year [1] - The gross profit margin improved to 16.46%, reflecting a 20.49% increase year-on-year, while the net profit margin rose to 9.62%, a 29.85% increase [1] - The company's operating cash flow per share decreased to -0.01 yuan, a significant drop of 103.14% compared to 0.25 yuan in the previous year [1] Accounts Receivable and Liabilities - Accounts receivable increased by 49.53%, reaching 354 million yuan, indicating potential cash flow issues [1] - Interest-bearing liabilities decreased by 44.39% to 50.03 million yuan, suggesting improved debt management [1] Expense Analysis - Total sales, management, and financial expenses amounted to 22.40 million yuan, representing a significant increase of 317.14% as a percentage of revenue [1] - Sales expenses rose by 43.99%, attributed to increased personnel costs and business entertainment [13] Cash Flow and Investment Activities - The net cash flow from operating activities saw a drastic decline of 104.38%, primarily due to increased accounts receivable and cash payments for goods [13] - The net cash flow from investing activities decreased by 276.87%, driven by higher investments in financial products [13] Company Valuation and Return Metrics - The company's return on invested capital (ROIC) was reported at 2.48%, indicating weak capital returns in recent years [14] - Historical data shows a median ROIC of 13.45% since the company went public, with the worst year being 2023 at 0.36% [14] Recommendations - Attention is advised on the company's cash flow situation, with a three-year average of operating cash flow to current liabilities at only 12.49% [15] - The accounts receivable to profit ratio has reached 359.01%, highlighting potential liquidity concerns [15]

Financial Performance - The company reported a total revenue of 651 million yuan for the first half of 2025 [1] - The net profit attributable to shareholders was 62.63 million yuan [1] - The net cash inflow from operating activities was -2.04 million yuan, a decrease of 48.54 million yuan compared to the same period last year, representing a year-on-year decline of 104.38% [1] Financial Ratios - The latest debt-to-asset ratio is 26.66%, an increase of 0.07 percentage points compared to the same period last year [3] - The latest gross profit margin stands at 16.46% [3] - The return on equity (ROE) is 2.63% [3] Shareholder Information - The diluted earnings per share (EPS) is 0.24 yuan [4] - The total asset turnover ratio is 0.20 times [4] - The inventory turnover ratio is 1.74 times [4] - The number of shareholders is 11,500, with the top ten shareholders holding 188 million shares, accounting for 72.65% of the total share capital [4] - The largest shareholder is Zhejiang Yuejian Holding Co., Ltd., with a holding ratio of 35.04% [4]

Core Insights - The report indicates that as of August 15, 2025, institutional investors hold a total of 91.85 million shares of Yuejian Intelligent (603095.SH), representing 35.57% of the company's total equity [1] - The institutional ownership has increased by 0.59 percentage points compared to the previous quarter [1] - One new foreign institutional investor, CITIC Securities Asset Management (Hong Kong) Co., Ltd. - Client Funds, has been disclosed in this period [1]

Group 1 - The company plans to distribute a cash dividend of RMB 3.00 per 10 shares (including tax) to all shareholders based on the total share capital as of the dividend registration date [3][6][7] - The total number of shares is 258,269,200, with 1,127,000 shares repurchased, resulting in a total cash dividend of RMB 77,142,660 (including tax), which accounts for 8.36% of the company's net profit available for distribution [7][8][11] - The profit distribution plan has been approved by the company's board and will be submitted for approval at the upcoming shareholder meeting [9][10][29] Group 2 - In the first half of 2025, the company achieved an operating income of RMB 65,112.96 million, a year-on-year increase of 13.22%, and a net profit attributable to shareholders of RMB 6,262.87 million, up 46.99% from the previous year [11][12] - The company emphasizes high-quality development and focuses on enhancing core competitiveness in the textile machinery sector, aiming to provide customized solutions to meet customer needs [12][13] - The company has distributed cash dividends of RMB 14,693.84 million for the 2024 fiscal year, demonstrating its commitment to providing stable returns to investors [13][14] Group 3 - The company held its third board meeting on August 15, 2025, where it reviewed and approved the half-year report and the profit distribution plan [24][25][29] - The company is set to hold a half-year performance briefing on August 25, 2025, to engage with investors and address their concerns [17][18] - The company is also planning to cancel its supervisory board and amend its articles of association, with the proposal to be submitted for shareholder approval [64][65]

Core Viewpoint - The company has implemented a "Quality Improvement and Efficiency Enhancement" action plan for 2025, focusing on sustainable development and enhancing investor returns through various strategic measures [1][2]. Group 1: Business Performance - In the first half of 2025, the company achieved operating revenue of 651.13 million yuan, a year-on-year increase of 13.22% [1] - The net profit attributable to shareholders reached 62.63 million yuan, reflecting a significant growth of 46.99% compared to the same period last year [1] - The net profit after deducting non-recurring gains and losses was 52.01 million yuan, up by 30.34% year-on-year [1] Group 2: Investment Returns - The company emphasizes reasonable returns to investors, having distributed cash dividends of 146.94 million yuan for the 2024 fiscal year [2] - A proposal for a cash dividend of approximately 77.14 million yuan for the first half of 2025 has been approved, pending shareholder meeting approval [2] Group 3: Investor Relations - The company has enhanced communication with investors, improving information disclosure quality and transparency [3] - Regular performance briefings are held to discuss business performance, profit distribution, and strategic planning with investors [3] Group 4: Governance Structure - The company is committed to improving its governance structure in compliance with relevant laws and regulations [3] - Amendments to the company's articles of association and internal control systems have been made to align with the new Company Law [3] Group 5: Regulatory Compliance - The company actively monitors regulatory dynamics and ensures compliance with securities market laws [5] - Training programs are organized for personnel to enhance their understanding of legal regulations and risk awareness [5]

Group 1 - The company Zhejiang Yuejian Intelligent Equipment Co., Ltd. will hold its first extraordinary general meeting of shareholders in 2025 on September 1, 2025 [3][4] - The meeting will be conducted using a combination of on-site and online voting methods, with the online voting system provided by the Shanghai Stock Exchange [2][3] - Shareholders must register to attend the meeting, with registration available from August 29, 2025, and the deadline for registration via email is also August 29, 2025 [6][6] Group 2 - The voting for the meeting will take place on September 1, 2025, during specific time slots for both on-site and online voting [2][4] - Shareholders holding multiple accounts can vote through any of their accounts, and the total voting rights are based on the sum of shares held across all accounts [4][5] - The company has specified that there are no related shareholders that need to abstain from voting on the proposed resolutions [3]

Group 1 - The company has decided to abolish the supervisory board and amend its articles of association to enhance corporate governance and comply with the latest legal requirements [1][2] - The supervisory board's functions will be transferred to the audit committee of the board of directors, and the current supervisors will be relieved of their duties upon shareholder approval [1][2] - The number of directors will increase from 7 to 8, with the addition of a representative director elected by the employee representative assembly [1] Group 2 - The amendments to the articles of association include the removal of references to the supervisory board and the addition of sections regarding controlling shareholders, actual controllers, independent directors, and specialized committees of the board [2][3] - Specific changes include unifying the terminology from "shareholders' meeting" to "shareholders' assembly" and deleting the entire section related to the supervisory board [2][3] - The revised articles will ensure that the company operates in accordance with the updated Company Law and relevant regulations [2][3]