证券代码：603344 证券简称：星德胜 公告编号：2025-037 星德胜科技(苏州)股份有限公司 第二届董事会第十一次会议决议公告 一、董事会会议召开情况 星德胜科技(苏州)股份有限公司（以下简称"公司"）第二届董事会第十一次 会议于 2025 年 10 月 24 日以邮件等方式发出会议通知，并于 2025 年 10 月 29 日在苏州工业园区唯亭街道临埠街 15 号会议室以现场结合通讯的方式召开。本 次会议应出席董事 8 人，实际出席董事 8 人。会议由董事长朱云舫先生召集并主 持，高级管理人员列席会议。本次会议的召集、召开程序符合《公司法》等法律 法规及《公司章程》的有关规定，会议决议合法、有效。 二、董事会会议审议情况 （一）审议通过《关于 2025 年第三季度报告的议案》 具体内容详见公司同日披露于上海证券交易所网站（www.sse.com.cn）的 《2025 年第三季度报告》。 本议案已经公司董事会审计委员会审议通过。 表决结果：8 票同意，0 票反对，0 票弃权。 （二）审议通过《关于"提质增效重回报"行动方案的议案》 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 ...

Financial Performance - The company's revenue for the third quarter reached ¥687,376,956.33, representing a year-on-year increase of 4.64%[4] - Total profit for the quarter was ¥49,147,259.30, showing a decrease of 1.69% compared to the same period last year[4] - Net profit attributable to shareholders was ¥43,302,674.37, with a slight increase of 0.78% year-on-year[4] - The net profit excluding non-recurring gains and losses was ¥41,063,877.01, reflecting a year-on-year increase of 2.88%[4] - The company reported a decrease in total profit for the year-to-date period, which was ¥152,638,008.83, down by 4.12% compared to the same period last year[4] - Net profit for the first three quarters of 2025 was ¥133,767,342.66, a decrease of 3.7% from ¥138,303,006.04 in the same period of 2024[16] - Basic earnings per share for the first three quarters of 2025 were ¥0.69, down from ¥0.78 in 2024, indicating a decline of 11.5%[17] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥3,066,361,190.41, an increase of 7.34% from the end of the previous year[5] - The total assets amounted to ¥3,066,361,190.41, compared to ¥2,856,617,446.56 in the previous year, indicating a growth of 7.3%[14] - Total liabilities increased to ¥964,891,372.85 from ¥834,323,118.27, representing a rise of 15.6%[14] - The company's equity attributable to shareholders rose to ¥2,101,222,552.63, up from ¥2,022,294,328.29, reflecting a growth of 3.9%[14] Cash Flow - Cash flow from operating activities for the year-to-date period was ¥128,553,939.96, an increase of 21.57%[4] - Cash flow from operating activities was ¥1,293,509,320.14, slightly down from ¥1,297,866,479.16 in the same period of 2024[19] - The net cash flow from operating activities was $128,553,939.96, an increase from $105,741,923.00 in the previous period, reflecting a growth of approximately 21.5%[20] - Total cash inflow from investment activities reached $1,932,910,721.10, compared to $1,053,483,567.23 in the prior period, indicating a significant increase of about 83.4%[20] - The net cash flow from investment activities was $229,533,912.07, a turnaround from a negative cash flow of $603,732,655.52 in the previous period[20] - Cash inflow from financing activities totaled $21,486,388.89, a decrease from $860,952,293.32 in the last period[21] - The net cash flow from financing activities was -$46,855,037.43, contrasting sharply with a positive cash flow of $764,323,330.22 previously, indicating a decline in financing activities[21] Shareholder Information - The total number of common shareholders at the end of the reporting period is 17,812[9] - SILKLAKE INDUSTRIAL LIMITED holds 68.87% of shares, totaling 133,980,800 shares[9] - The company has no significant changes in the top ten shareholders or their shareholding status[10] Operational Insights - The company's cash and cash equivalents amount to ¥876,799,220.73, an increase from ¥827,961,390.70 in the previous period[11] - Accounts receivable increased to ¥539,992,624.62 from ¥469,071,983.78, reflecting a growth of approximately 15%[12] - Inventory has risen to ¥458,256,041.99, up from ¥377,682,703.69, indicating a growth of about 21%[12] - Non-current assets total ¥622,618,558.05, compared to ¥488,876,711.55 in the previous period, showing an increase of approximately 27%[12] - The company reported a total current asset of ¥2,443,742,632.36, an increase from ¥2,367,740,735.01[12] - The company has not disclosed any new product developments or market expansion strategies in the current reporting period[11] - There are no significant reminders or additional important information regarding the company's operational status during the reporting period[11] Research and Development - Research and development expenses increased to ¥77,276,248.58 in 2025, compared to ¥64,192,257.49 in 2024, marking a rise of 20.4%[16] Accounting Standards - The company will not apply new accounting standards starting from 2025, as per the announcement[22]

Market Overview - The electric motor sector increased by 0.75% compared to the previous trading day, with Dayang Electric leading the gains [1] - The Shanghai Composite Index closed at 3916.33, up 1.36%, while the Shenzhen Component Index closed at 13077.32, up 2.06% [1] Stock Performance - Dayang Electric (002249) closed at 11.48, rising by 2.96% with a trading volume of 2.67 million shares and a transaction value of 3.037 billion [1] - Other notable performers include: - Kaizhong Precision (002823) at 16.74, up 2.07% [1] - Bafang Electric (603489) at 24.88, up 1.97% [1] - Huayang Intelligent (301502) at 47.77, up 1.90% [1] - Kangping Technology (300907) at 33.04, up 1.63% [1] Fund Flow Analysis - The electric motor sector experienced a net outflow of 252 million from institutional investors, while retail investors saw a net inflow of 103 million [2] - Notable stock fund flows include: - Jiangte Electric (002176) with a net inflow of 26.04 million from institutional investors [3] - Huayi Shares (300626) with a net inflow of 24.04 million from institutional investors [3] - Zhaowei Electromechanical (003021) with a net inflow of 13.15 million from institutional investors [3]

Market Overview - The electric motor sector experienced a decline of 3.48% on the trading day, with the leading stock, Fangzheng Electric, falling significantly [1] - The Shanghai Composite Index closed at 3839.76, down 1.95%, while the Shenzhen Component Index closed at 12688.94, down 3.04% [1] Stock Performance - Fangzheng Electric (002196) saw a sharp decline of 10.02%, closing at 8.62, with a trading volume of 532,300 shares and a turnover of 468 million [2] - Other notable declines included: - Kaizhong Precision (002823) down 9.88% to 15.78 - Xiangdian Co. (600416) down 5.14% to 14.20 - Ocean Electric (002249) down 4.88% to 10.14 [2] Capital Flow - The electric motor sector experienced a net outflow of 575 million from institutional investors, while retail investors saw a net inflow of 488 million [2][3] - Notable capital flows included: - Wolong Electric (600580) with a net outflow of 44.56 million from institutional investors [3] - Zhongdian Electric (603988) with a net inflow of 44.30 million from institutional investors [3] Individual Stock Analysis - Dibei Electric (603320) closed at 21.29, with a slight increase of 1.57%, trading 108,700 shares for a turnover of 228 million [1] - Other stocks like Huayi Intelligent (301502) and Ananda (603350) also faced declines of 2.80% and 2.84%, respectively [1]

星德胜科技（苏州）股份有限公司 关于变更签字注册会计师的公告 证券代码：603344 证券简称：星德胜 公告编号：2025-036 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。 星德胜科技（苏州）股份有限公司（以下简称"公司"）分别于 2025 年 4 月 17 日、2025 年 5 月 9 日召开了第二届董事会第八次会议、2024 年年度股东大 会审议通过了《关于续聘会计师事务所的议案》，同意续聘天健会计师事务所（特 殊普通合伙）（以下简称"天健"）为公司 2025 年度财务报表和 2025 年末财务 报告内部控制审计服务机构。具体内容详见公司 2025 年 4 月 19 日于上海证券交 易所网站（www.sse.com.cn）发布的《关于续聘会计师事务所的公告》（公告编 号：2025-014）。近日，公司收到天健出具的《关于变更签字注册会计师的函》， 公司 2025 年度签字注册会计师拟发生变更，具体情况如下： 一、 本次变更签字注册会计师的基本情况 天健作为公司 2025 年度财务报表和 2025 年末财务报告内部控制 ...

Group 1 - The core point of the article is that Xingdesheng (SH 603344) announced on October 9 that it has not yet initiated its share repurchase plan as of September 30, 2025, and will consider market conditions for future implementation [1] - As of the report, Xingdesheng's market capitalization is 5.9 billion yuan [1] - For the year 2024, the revenue composition of Xingdesheng is as follows: 97.76% from electrical machinery and equipment manufacturing, and 2.24% from other businesses [1]

证券代码：603344 证券简称：星德胜 公告编号：2025-035 一、 回购股份的基本情况 星德胜科技（苏州）股份有限公司（以下简称"公司"）于 2025 年 8 月 28 日 召开第二届董事会第十次会议，审议通过了《关于以集中竞价交易方式回购股份 方案的议案》，同意公司以自有资金通过集中竞价交易方式从二级市场回购公司股 份，用于员工持股计划或股权激励。本次回购资金总额不低于人民币 1,500 万元 （含），不超过人民币 3,000 万元（含），回购股份价格不超过人民币 39 元/股，回 购股份期限为自公司董事会审议通过回购股份方案之日起 12 个月内。 具 体 内 容 详 见 公 司 于 2025 年 8 月 30 日 在 上 海 证 券 交 易 所 网 站 （www.sse.com.cn）披露的《关于以集中竞价方式回购股份的方案》（公告编号： 2025-028 号），2025 年 9 月 6 日在上海证券交易所网站（www.sse.com.cn）披露的 《关于以集中竞价方式回购股份的回购报告书》（公告编号：2025-032 号）。 二、 回购股份的进展情况 根据《上海证券交易所上市公司自律监管指引第 ...

Market Overview - The electric motor sector experienced a decline of 1.87% on the previous trading day, with Sanxie Electric leading the drop [1] - The Shanghai Composite Index closed at 3828.11, down 0.65%, while the Shenzhen Component Index closed at 13209.0, down 1.76% [1] Stock Performance - Xiangdian Co. (600416) saw a significant increase in its stock price, closing at 16.71 with a rise of 10.01% and a trading volume of 1.1642 million shares, amounting to 1.908 billion yuan [1] - Other notable performers included Ocean Electric (002249) with a 2.56% increase, and Jiadian Co. (000922) with a 1.27% increase [1] - Conversely, Sanxie Electric (920100) led the decline with a drop of 6.61%, closing at 70.91, with a trading volume of 35,800 shares and a turnover of 259 million yuan [2] Capital Flow - The electric motor sector experienced a net outflow of 831 million yuan from institutional investors, while retail investors contributed a net inflow of 826 million yuan [2] - The data indicates that retail investors were more active in the market, contrasting with the outflow from institutional investors [2] Individual Stock Capital Flow - Xiangdian Co. (600416) had a net inflow of 376 million yuan from institutional investors, while it faced a net outflow of 216 million yuan from speculative funds [3] - Ocean Electric (002249) reported a net inflow of 62.63 million yuan from institutional investors and a net inflow of 126 million yuan from speculative funds [3] - Jiadian Co. (000922) had a net inflow of 36.62 million yuan from institutional investors, while it faced a net outflow of 7.65 million yuan from speculative funds [3]

Company Overview - Company Name: Xingdesheng Technology (Suzhou) Co., Ltd. [1] - Stock Code: 603344.SH [1] - IPO Application Date: July 1, 2022 [1] - Listing Date: March 20, 2024 [1] - Underwriter: Haitong Securities [1] - Legal Advisor: Shanghai Tongli Law Firm [1] - Audit Firm: Tianjian Accounting Firm [1] Regulatory and Performance Evaluation - The company was required to analyze the reasons for lower fee rates and improve the prospectus disclosures [1] - The average listing period for A-share companies in 2024 is 629.45 days, while Xingdesheng's listing period is 628 days, which is below the average [2] - Underwriting and sponsorship fees amount to 71.8238 million yuan, with a commission rate of 7.70%, slightly below the average of 7.71% [3] - On the first day of trading, the stock price increased by 82.48% compared to the issue price [4] - After three months, the stock price rose by 32.53% compared to the issue price [7] Financial Metrics - The company's issue price-to-earnings ratio is 20.44 times, which is 127.35% of the industry average of 16.05 times [8] - Expected fundraising amount is 1.061 billion yuan, while the actual amount raised is 933 million yuan, indicating a decrease of 12.07% [9] - For the year 2024, the company reported a 19.48% year-on-year increase in revenue, while net profit attributable to shareholders grew by 1.60%, and non-recurring net profit decreased by 1.75% year-on-year [10] Overall Assessment - The total score for Xingdesheng's IPO project is 89.5, classified as B-level [11] - Negative factors affecting the score include the need for improved disclosure quality, reduced actual fundraising amount, decline in non-recurring net profit in the first accounting year, and a subscription abandonment rate of 0.50% [11]

Meeting Overview - The second extraordinary general meeting of shareholders was held on September 16, 2025, at the company's conference room in Suzhou Industrial Park [2] - The meeting was convened by the board of directors and chaired by Chairman Zhu Yunfang, utilizing a combination of on-site and online voting methods [2][3] Voting Results - No resolutions were rejected during the meeting [2] - The first resolution regarding the cancellation of the supervisory board and the amendment of the Articles of Association was approved [3] - The second resolution concerning the formulation and revision of certain governance systems was also approved [3] Attendance - All seven current directors attended the meeting, along with all three current supervisors and the board secretary [3] - The meeting's procedures were confirmed to comply with relevant laws and regulations, ensuring the legitimacy of the voting process [5] Legal Verification - The meeting was witnessed by Shanghai Tongli Law Firm, which confirmed that the convening and voting procedures adhered to legal requirements [5] Election of Employee Director - An employee representative meeting was held on September 16, 2025, to elect Mr. Deng Xiangtao as the employee director of the second board of directors [7] - The election process followed the regulations set forth in the Company Law and the company's Articles of Association [7][8] - Mr. Deng does not hold any shares in the company and has no conflicts of interest with major shareholders or other directors [9]