证券代码：603270 证券简称：金帝股份 公告编号：2025-076 二、本次增资的进展情况 注册地址：山东省聊城市东昌府区郑家镇工业园 66 号 山东金帝精密机械科技股份有限公司 关于对子公司增加投资的进展公告 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。 为满足山东金帝精密机械科技股份有限公司（以下简称"公司"）全资子公 司聊城市金之桥进出口有限公司（以下简称"金之桥"）的经营发展需要，促进 公司及子公司整体的良性运营和可持续发展，公司拟使用自有或自筹资金向全资 子公司金之桥增资至 3,000 万元。具体内容详见公司于 2025 年 8 月 29 日在上海 证券交易所网站（www.sse.com.cn）披露的《山东金帝精密机械科技股份有限公 司关于对子公司增加投资的公告》（公告编号：2025-070）。 截至本公告日，金之桥已完成工商变更登记手续，并领取了所在地市场监督 管理局换发的《营业执照》，相关登记信息如下： 公司名称：聊城市金之桥进出口有限公司 公司类型：有限责任公司（非自然人投资或控股的法人独资） 注册资本： ...

证券代码：603270 证券简称：金帝股份 公告编号：2025-076 山东金帝精密机械科技股份有限公司 关于对子公司增加投资的进展公告 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、本次增资的进展情况 经营范围：自营和代理各类商品和技术的进出口业务（国家限定公司经营或 禁止进出口的商品和技术除外）。机电设备、管道设备、化工产品及原料（危险 化学品、易燃易爆品、易制毒化学品除外）、制冷设备、供暖设备、计算机软硬 件、电子产品（不含无线电发射设备）、建筑材料、金属材料（国家限定或禁止 公司经营的除外）、装饰材料、五金、土杂品的销售；计算机软硬件开发；商务 截至本公告日，金之桥已完成工商变更登记手续，并领取了所在地市场监督 管理局换发的《营业执照》，相关登记信息如下： 公司名称：聊城市金之桥进出口有限公司 公司类型：有限责任公司（非自然人投资或控股的法人独资） 注册资本：3,000 万人民币 注册地址：山东省聊城市东昌府区郑家镇工业园 66 号 一、本次投资事项概述 为满足山东金帝精密机械科技股份有限公司（以下简称"公司"） ...

| 2025 年第二次临时股东大会会议须知 3 | | --- | | 2025 年第二次临时股东大会会议议程 5 | | 议案一《关于公司 2025 年半年度利润分配方案的议案》 6 | | 议案二《关于修订<公司章程》、取消监事会及废除监事会议事规则的议案》..7 | | 议案三《关于制定及修订部分管理制度的议案》 8 | 2025 年 9 月 1 山东金帝精密机械科技股份有限公司 2025 年第二次临时股东大会会议资料 目录 山东金帝精密机械科技股份有限公司 2025年第二次临时股东大会会议资料 2025 年第二次临时股东大会会议资料 股票简称：金帝股份 股票代码：603270 2 山东金帝精密机械科技股份有限公司 2025 年第二次临时股东大会会议资料 2025 年第二次临时股东大会会议须知 为了维护全体股东的合法权益，确保股东大会的正常秩序和议事效率，保证 大会的顺利进行，根据《中华人民共和国公司法》、《中华人民共和国证券法》、 中国证监会《上市公司股东大会规则》以及《山东金帝精密机械科技股份有限公 司章程》、《山东金帝精密机械科技股份有限公司股东大会议事规则》的相关规 定，特制定 2025 年第二 ...

Macro and Strategy - The report discusses the internal tension between investment and consumption in China's economy, highlighting that the concentration of capital income among high-income groups leads to a low marginal propensity to consume, which is a primary source of investment [10][11] - It emphasizes that the imbalance between capital income and consumption demand has resulted in a continuous rise in China's capital-output ratio and a decline in capital return rates, making investment-driven growth unsustainable [10][11] Industry and Company - The automotive industry saw a 12% year-on-year increase in wholesale sales of passenger vehicles from August 1 to 24, 2025, with the collaboration between Huawei and SAIC for the H5 model opening for pre-orders [14][15] - The media and internet sector reported a 2.99% increase in industry performance, with OpenAI launching the GPT-Realtime voice model and the summer box office surpassing 11.8 billion yuan [18][21] - The public utility and environmental protection sector is focusing on the ongoing construction of a national carbon market, which is expected to drive urban green and low-carbon transformation [22][23] - The fluorochemical industry is experiencing a price increase in mainstream refrigerants, with R32 and R134a expected to see stable price growth due to limited supply and strong demand [25][29] - Yili Group reported a 5.9% year-on-year increase in revenue for Q2 2025, with improvements in profitability driven by a decrease in raw milk prices and better cost management [31][33] - Huadian International's revenue decreased by 8.98% in H1 2025 due to lower electricity prices and generation, but net profit increased by 13.15% due to reduced fuel costs [34]

Investment Rating - The investment rating for the company is "Outperform the Market" [5][21]. Core Views - The company achieved a revenue of 835 million yuan in the first half of 2025, representing a year-on-year growth of 40.57%, and a net profit of 76 million yuan, with a year-on-year increase of 32.86% [1][8]. - The company is actively expanding into new product areas, particularly in low-altitude and humanoid robotics, with significant growth in its precision component business and strong performance in the new energy and wind power sectors [2][3]. Financial Performance - In the first half of 2025, the company's gross margin was 28.84%, and net margin was 9.10%, showing slight declines of 1.72 and 0.60 percentage points year-on-year, respectively [1]. - The company’s precision component business generated revenue of 340 million yuan, up 41.67% year-on-year, while the revenue from bearing retainers and accessories reached 427 million yuan, growing by 43.86% [2]. - The company forecasts net profits of 161 million yuan, 236 million yuan, and 302 million yuan for 2025, 2026, and 2027, respectively, with corresponding PE ratios of 37, 25, and 20 times [3][4]. Product Development - The company is focusing on developing new products such as electric motor rotors for low-altitude flying vehicles and humanoid robots, currently in the sample verification stage [2]. - The revenue from the new energy electric drive rotor series products surged by 330.98% year-on-year, indicating strong market demand [2]. Market Position - The company is recognized as a champion in the bearing retainer manufacturing industry, with a stable growth trajectory in its core business [3]. - The company’s self-developed eVTOL motor assembly has passed customer testing, positioning it well to benefit from trends in humanoid robot mass production and the low-altitude economy [3].

据证券之星公开数据整理，近期金帝股份（603270）发布2025年中报。截至本报告期末，公司营业总收 入8.35亿元，同比上升40.57%，归母净利润7593.26万元，同比上升32.86%。按单季度数据看，第二季 度营业总收入4.53亿元，同比上升41.22%，第二季度归母净利润3725.83万元，同比上升31.04%。本报 告期金帝股份应收账款上升，应收账款同比增幅达50.63%。 本次财报公布的各项数据指标表现尚佳。其中，毛利率28.86%，同比减5.61%，净利率8.91%，同比减 6.27%，销售费用、管理费用、财务费用总计8419.06万元，三费占营收比10.09%，同比减12.54%，每股 净资产10.15元，同比增3.76%，每股经营性现金流-0.64元，同比减61.26%，每股收益0.35元，同比增 34.62% 证券之星价投圈财报分析工具显示： 业务评价：公司去年的ROIC为3.97%，资本回报率不强。去年的净利率为7.15%，算上全部成本后，公 司产品或服务的附加值一般。从历史年报数据统计来看，公司上市以来中位数ROIC为13.28%，投资回 报也较好，其中最惨年份2024年的ROIC为 ...

国信证券股份有限公司 关于山东金帝精密机械科技股份有限公司 开展商品期货和外汇套期保值业务的核查意见 国信证券股份有限公司（以下简称"国信证券"或"保荐人"）作为山东金 帝精密机械科技股份有限公司（以下简称"金帝股份"或"公司"）首次公开发 行股票并在上交所主板上市的保荐人，根据《证券发行上市保荐业务管理办法》、 《上海证券交易所上市公司自律监管指引第 1 《上海证券交易所股票上市规则》、 《上海证券交易所上市公司自律监管指引第 11 号——持续督 号——规范运作》、 导》等法律、法规和规范性文件的要求，对本次金帝股份开展商品期货和外汇套 期保值业务事项进行了审慎核查，核查情况及核查意见如下： 一、交易情况概述 （一）商品期货套期保值业务 为防范原材料价格波动对公司经营业绩带来的不利影响，公司及子公司拟根 据生产经营计划择机开展商品期货套期保值业务，以有效降低原材料市场价格波 动风险，保障公司主营业务稳步发展。公司开展商品期货套期保值业务遵循合法、 谨慎、安全和有效的原则，不做投机性、套利性的交易操作。 公司将选择在境内经监管机构批准、具有相应业务资质，并满足公司套期保 值业务需求的期货交易场所开展包括但不限 ...

Group 1 - The core viewpoint of the article is that Shandong Jindi Precision Machinery Technology Co., Ltd. plans to use part of its temporarily idle raised funds for cash management to improve fund utilization efficiency and increase returns for shareholders [1][5][7] - The total amount raised from the initial public offering (IPO) is approximately RMB 1.19 billion, with 54,776,667 shares issued at a price of RMB 21.77 per share [1][2] - The company has established a special account for the raised funds, which are stored separately to protect investor rights [2][3] Group 2 - The company intends to use up to RMB 100 million of temporarily idle raised funds for cash management, effective for 12 months after approval by the board [4][6] - The cash management will focus on low-risk, high-liquidity investment products, such as structured deposits and fixed-income certificates, ensuring that the funds are not used for speculative investments [4][5] - The board and supervisory committee have approved the cash management plan, confirming that it does not affect the normal implementation of investment projects or harm shareholder interests [6][7] Group 3 - The cash management aims to enhance the efficiency of fund usage without impacting the company's normal operations or investment plans [5][6] - The company will ensure that the income generated from cash management will be returned to the special account for raised funds upon maturity [4][5] - The management will adhere to relevant regulations and disclose information as required by the regulatory authorities [4][5]

Fundraising Overview - The company raised a total of RMB 1,192,488,040.59 through the issuance of 54,776,667 shares at RMB 21.77 per share, with a net amount of RMB 1,116,976,317.95 after deducting issuance costs [1][2] - The actual net fundraising amount after expenses was RMB 1,090,704,793.69 [1] Project Adjustments - The company has changed the "Marketing Network Construction Project" to the "Huangshan High-end Precision Bearing Cage Construction Project" and established a wholly-owned subsidiary for its implementation [2] - Adjustments were made to the specific implementation content and locations of several projects, including the "High-end Equipment Precision Bearing Cage Intelligent Manufacturing Upgrade Project" and the "Automotive Precision Stamping Parts Technology Research Center Project" [3] Project Delays - The "High-end Equipment Precision Bearing Cage Intelligent Manufacturing Upgrade Project" has been delayed due to the need for government approval for land planning adjustments, with the expected completion date pushed to December 2026 [4][6] - The "Automotive High-precision Key Components Intelligent Production Construction Project" and the "Automotive Precision Stamping Parts Technology Research Center and Capacity Transformation Project" have also had their completion dates extended to December 2026 due to various challenges [7][8] Impact on Operations - The delays in project timelines are based on objective construction conditions and do not involve changes to the investment content, purposes, or total amounts of the fundraising projects [8] - The company asserts that these delays will not have a significant adverse impact on its normal operations and align with its long-term development plans [8] Approval Process - The board of directors and the supervisory board have approved the project delays, confirming that the decisions were made within their authority and do not require further shareholder approval [8] - The sponsor has verified that the necessary procedures were followed and that the project delays do not harm the interests of the company or its shareholders [8]

Core Viewpoint - The company plans to distribute a cash dividend of 0.05 RMB per share (including tax) based on its mid-year financial report for 2025, with a total cash dividend amounting to approximately 10.96 million RMB, representing 14.43% of the net profit attributable to shareholders for the first half of 2025 [1][2]. Summary by Sections Profit Distribution Plan - The company reported an undistributed profit of 377,146,918.58 RMB as of June 30, 2025, and intends to distribute profits based on the total share capital registered on the equity distribution record date [1]. - The total share capital as of June 30, 2025, is 219,106,667 shares, leading to a total proposed cash dividend of 10,955,333.35 RMB [1]. Decision-Making Process - The board of directors convened on August 28, 2025, to review and approve the profit distribution plan, which aligns with the company's profit distribution policy and shareholder return strategy [2]. - The supervisory board also met on the same day and unanimously approved the profit distribution plan, affirming that it considers the company's operational performance and strategic needs [2].