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].

Group 1 - The stock price of Meilun Elevator has dropped by 5.1% on September 23, reaching 7.44 CNY per share, with a trading volume of 26.38 million CNY and a turnover rate of 1.15%, resulting in a total market capitalization of 2.597 billion CNY [1] - Meilun Elevator has experienced a continuous decline for four consecutive days, with a cumulative drop of 6.44% during this period [1] - The company, established on May 23, 2000, and listed on September 15, 2017, specializes in the research, production, sales, installation, and maintenance of elevators, escalators, moving walkways, and related components, with main business revenue composition being 82.27% from elevators, escalators, and walkways, 15.67% from installation and maintenance, and 2.06% from other sources [1] Group 2 - Among the top ten circulating shareholders of Meilun Elevator, a fund under Nuoan Fund, Nuoan Multi-Strategy Mixed A (320016), has recently entered the list, holding 1.0548 million shares, which accounts for 0.35% of the circulating shares [2] - The estimated floating loss for Nuoan Multi-Strategy Mixed A today is approximately 421,900 CNY, with a total floating loss of 569,600 CNY during the four-day decline [2] - Nuoan Multi-Strategy Mixed A was established on August 9, 2011, with a current scale of 1.399 billion CNY, achieving a year-to-date return of 57.56%, ranking 694 out of 8172 in its category, and a one-year return of 115.52%, ranking 360 out of 7995 [2]

关于 浙江天册律师事务所 浙江梅轮电梯股份有限公司 2025 年第一次临时股东大会的 法律意见书 浙江省杭州市杭大路 1 号黄龙世纪广场 A 座 11 楼 310007 电话：0571-87901111 传真：0571-87901500 法律意见书 浙江天册律师事务所 关于浙江梅轮电梯股份有限公司 2025 年第一次临时股东大会的 法律意见书 编号：TCYJS2025H1562 号 致：浙江梅轮电梯股份有限公司 浙江天册律师事务所（以下简称"本所"）接受浙江梅轮电梯股份有限 公司（以下简称"梅轮电梯"或"公司"）的委托，指派本所律师参加公司 2025 年第一次临时股东大会，并根据《中华人民共和国证券法》（以下简称 "《证券法》"）、《中华人民共和国公司法》（以下简称"《公司法》"） 和《上市公司股东会规则（2025 年修订）》（以下简称"《股东会规则》"） 等法律、法规和其他有关规范性文件的要求出具本法律意见书。 在本法律意见书中，本所律师仅对本次股东大会召集、召开程序、出席 人员的资格、召集人的资格、表决程序及表决结果的合法有效性发表意见， 不对会议所审议的议案内容和该等议案中所表述的事实或数据的真实性和准 ...

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： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 103 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 192,402,100 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | 55.1217 | | 份总数的比例（%） | | (四) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次股东大会由公司董事会召集，钱雪林董事长主持，采用现场会议、现场 投票和网络投票相结合的方式召开。本会议的召集、召开及本次会议的表决方式 符合《中华人民共和国公司法》（"《公司法》"）及本公司章程（"《公司章程》"） (一) 股东大会召开的时间：2025 年 9 月 12 日 (二) 股东大会召开的地点：绍兴市柯桥区齐贤街道齐陶路 888 号公司三楼会 议室 (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： 证券代码：603321 证券简称： ...

浙江梅轮电梯股份有限公司 2025 年第一次临时股东大会会议资料 二零二五年九月 浙江梅轮电梯股份有限公司 2025 年第一次临时股东大会会议资料 目 录 | 2025 年第一次临时股东大会会议须知 | 3 | | --- | --- | | 2025 年第一次临时股东大会议程 | 5 | | 议案一：关于变更公司注册资本、修改《公司章程》并办理工商变更 | | | 登记的议案 | 7 | 浙江梅轮电梯股份有限公司 2025 年第一次临时股东大会会议资料 浙江梅轮电梯股份有限公司 2025 年第一次临时股东大会会议须知 为了维护浙江梅轮电梯股份有限公司（以下简称"公司""梅轮电梯"）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 据中国证监会发布的《上市公司股东大会规则》《公司章程》和《股东大会议事规 则》的规定，特制定本须知： 一、公司董事会具体负责大会相关程序性事宜。务请符合本次会议出席资格的 相关人员准时到场签到并参加会议，在会议主持人宣布现场出席会议的股东和股东 代表人数及所持有效表决权的股份总数之前，会议现场登记即告终止。 二、参会人员权利。出席大会的股东依法享有发言 ...

Group 1 - The company held an online performance briefing for the first half of 2025 on September 2, 2025 [1] - The company is actively participating in public construction, renovation, and emerging overseas market projects [1] - The Nanning intelligent manufacturing base has completed the main workshop construction and has entered the trial production phase [1]

Group 1 - The company held an online performance briefing for the first half of 2025 on September 2, 2025 [1] - The company indicated that expanding its elevator business into smart home and smart building sectors may become a future development direction [1] - The company aims to actively adapt to industry development trends and promote sustainable and healthy growth [1]

Group 1 - The company emphasizes the importance of technological innovation and is increasing its R&D investment to develop products with independent intellectual property rights that integrate cutting-edge technology [1] - The company aims to enhance the integration of artificial intelligence with elevator technology, creating an innovative system that provides users with a safer, more efficient, and smarter elevator experience [1] - The focus on innovation is intended to further strengthen the company's technological leadership and market competitiveness within the industry [1]

Group 1 - Kone Elevator announced a significant investment plan in the Guangdong-Hong Kong-Macao Greater Bay Area, including the establishment of a southern headquarters, R&D center, and smart logistics and assembly center in Shenzhen, focusing on modernization and digital maintenance services [1][11] - The Chinese elevator market has the largest elevator ownership globally, with international brands like Kone and Otis holding about 70% market share, while domestic brands account for only around 30% [2][5] - The elevator industry has faced revenue declines due to a slowdown in real estate demand, leading to increased competition and price wars among companies [2][4] Group 2 - In the first half of 2025, 10 out of 12 listed elevator companies in China reported revenue declines, with Shanghai Mechanical and Guangri shares experiencing decreases of 6.41% and 3.05%, respectively [3][4] - The total revenue of 12 A-share elevator companies in the first half of 2025 was 18.125 billion yuan, marking a five-year low compared to over 22 billion yuan in the same period in 2021 [3][4] - The demand for elevator maintenance and modernization is expected to grow, with over 1.2 million elevators in use and more than 1 million old elevators exceeding 15 years of service [9][10] Group 3 - Domestic brands are increasingly focusing on digitalization and smart technology to enhance competitiveness, with significant investments in R&D for IoT and AI applications [5][6] - Companies like Kone and Guangri are implementing smart elevator cloud service platforms and optimizing business structures to improve profitability [6][9] - The Chinese government is supporting the modernization of old elevators through special long-term bonds, with 6.2 billion yuan allocated for updating over 41,000 residential elevators [10][11]

Core Points - The company reported a revenue of 321 million yuan for the first half of 2025, a year-on-year decline of 14.98% [1][3] - Net profit was 17.686 million yuan, down 81.90% compared to the same period last year [1][3] - The net cash flow from operating activities was -65.715 million yuan, a decrease of 184.20% year-on-year [1][3] Financial Performance - Total revenue for the reporting period was 321,579,679.70 yuan, compared to 377,046,503.28 yuan in the previous year, reflecting a decrease of 14.98% [3] - Profit before interest was 17,704,026.89 yuan, down 85.07% from 118,597,820.74 yuan [3] - The net profit attributable to shareholders was 17,686,415.56 yuan, compared to 97,723,344.14 yuan last year, marking an 81.90% decline [3] - The net profit attributable to shareholders after excluding non-recurring gains and losses was 14,499,214.73 yuan, down 39.08% from 23,801,453.33 yuan [3] - The net cash flow from operating activities was -65,715,216.86 yuan, compared to 78,049,446.55 yuan in the previous year, indicating a significant decline [3] Market Conditions - The elevator market faced a dual impact from a decline in new elevator demand in the real estate sector and an industry cycle downturn, leading to overall weak demand [3] - Companies in the industry adopted price reduction strategies to compete for the existing market, which pressured the prices of the company's main products [3] - The company's gross profit margin and net profit margin were affected due to the shrinking profit space across the industry [3] Company Overview - The company is the first elevator enterprise listed on the main board in Zhejiang Province, involved in the research, manufacturing, sales, installation, and service of elevators [5] - It has the capacity to produce 70,000 various types of elevators annually and has established a cooperative network in over 30 countries across Asia, South America, North America, Africa, and Oceania [5] - The company was founded in 2000 with a registered capital of 30.7 million yuan [5]