YUNY久云崖律师 地址:江苏省无锡市建筑西路777号A3栋21层 邮编: 214072 电话/Tel:0510-82859168 http://www.yunya.com.cn Add:21th Floor, Building A3,No.777,Jian Zhu Xi Road,Wuxl,Jiangsu Province,China,214072 江苏云崖律师事务所 关于无锡信捷电气股份有限公司 2024 年年度股东会的 法律意见书 中国·无锡市建筑西路 777 号 集成电路设计中心 A3 幢第 21 层 邮政编码:214072 江苏云崖体师事务所 法律意见书 江苏云崖律师事务所 关于无锡信捷电气股份有限公司 2024 年年度股东会的法律意见书 致:无锡信捷电气股份有限公司 根据《中华人民共和国公司法》(以下简称《公司法》)、中国证券监督管 理委员会《上市公司股东大会规则》（以下简称《股东大会规则》）等法律、法 规、规范性文件以及《元锡信捷电气股份有限公司章程》(以下简称《公司章程》)、 《无锡信捷电气股份有限公司股东大会议事规则》 (以下简称《股东大会议事规 则》）、《无锡信捷电气股份有限公司中小投资者 ...

证券简称：信捷电气 证券代码：603416 无锡信捷电气股份有限公司 （无锡市滨湖区胡埭工业园北区刘塘路 9 号） 保荐机构（主承销商） （山东省济南市市中区经七路 86 号） 向特定对象发行股票 之 上市公告书 特别提示 一、发行数量及价格 1、发行数量：16,578,633 股 2、发行价格：23.27 元/股 3、募集资金总额：385,784,789.91 元 4、募集资金净额：380,963,489.32 元 二、本次发行股票预计上市时间 本次发行新增股份将于限售期满后的次一交易日起在上海证券交易所主板 上市流通交易，如遇法定节假日或休息日，则顺延至其后的第一个交易日。 2025 年 5 月 1 三、新增股份的限售安排 本次向特定对象李新先生发行，以现金参与认购，发行对象李新先生认购的 股份自发行结束之日起 36 个月内不得转让。法律法规对限售期另有规定的，依 其规定。 本次发行对象所取得的公司本次向特定对象发行的股票在锁定期内因送股、 资本公积转增股本等形式所衍生取得的股票亦应遵守上述股票锁定安排。上述锁 定期满后，将按中国证监会及上交所的有关规定执行。 如中国证监会或上交所对于上述锁定期安排有新的 ...

中泰证券股份有限公司 关于 无锡信捷电气股份有限公司 2024 年度向特定对象发行股票 之 上市保荐书 保荐机构（主承销商） （济南市市中区经七路86号） 2025 年 5 月 无锡信捷电气股份有限公司 上市保荐书 声 明 中泰证券股份有限公司（以下简称"本保荐机构""保荐机构"或"中泰证 券"）及其保荐代表人根据《中华人民共和国公司法》（以下简称"《公司法》"）、 《中华人民共和国证券法》（以下简称"《证券法》"）等有关法律、行政法规 和中国证券监督管理委员会（以下简称"中国证监会"）、上海证券交易所（以 下简称"上交所"）的规定，诚实守信，勤勉尽责，严格按照依法制订的业务规 则和行业自律规范出具本上市保荐书，并保证所出具文件的真实性、准确性和完 整性。 （本上市保荐书中如无特别说明，相关用语具有与《无锡信捷电气股份有限 公司 2024 年度向特定对象发行股票募集说明书》中相同的含义） 1 无锡信捷电气股份有限公司 上市保荐书 一、发行人基本情况 （一）发行人概况 公司名称：无锡信捷电气股份有限公司 英文名称：Wuxi Xinje Electric Co.,Ltd. 股票简称：信捷电气 股票代码：60341 ...

证券代码：603416 证券简称:信捷电气 公告编号：2025-019 无锡信捷电气股份有限公司 关于 2024 年度向特定对象发行股票结果暨股本变动公告 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。 1、股票种类：人民币普通股（A 股） 2、发行数量：16,578,633 股 3、发行价格：23.27 元/股 重要内容提示： 发行数量和价格： 预计上市时间： 无锡信捷电气股份有限公司（以下简称信捷电气、公司或发行人）已于 2025 年 5 月 13 日就本次向特定对象发行 A 股股票向中国证券登记结算有限责任公司 上海分公司办理完毕登记、托管及限售手续。本次向特定对象发行新增普通股股 份为有限售条件流通股，预计将于限售期届满后的次一交易日起在上海证券交易 所（以下简称上交所）上市流通交易，如遇法定节假日或休息日，则顺延至其后 的第一个交易日。 资产过户情况： 本次发行的股票全部以现金认购，不涉及资产过户。 一、本次发行基本情况 （一）本次发行履行的相关程序 1 1、本次发行履行的内部决策程序 2024 年 5 月 22 日 ...

无锡信捷电气股份有限公司 2024 年年度股东会会议资料 二〇二五年五月 1 无锡信捷电气股份有限公司 2024 年年度股东会参会须知 为维护股东的合法权益，保障股东在公司 2024 年年度股东会期间依法行使 权利，确保股东会的正常秩序和议事效率，根据《中华人民共和国公司法》《无 锡信捷电气股份有限公司章程》《无锡信捷电气股份有限公司股东会议事规则》 的有关规定，公司现制定本须知。 一、各股东请按照本次股东会会议通知（详见刊登于上海证券交易所网站 （www.sse.com.cn）的《无锡信捷电气股份有限公司关于召开 2024 年年度股东 会的通知》）中规定的时间和登记方法办理参加会议手续，证明文件不齐或手续 不全的，谢绝参会。 二、本公司设立股东会会务组，具体负责大会有关程序和服务等各项事宜。 三、大会期间，全体参会人员应自觉维护会场秩序，确保大会的正常秩序和 议事效率。进入会场后，请关闭手机或调至静音或震动状态。股东（或股东代表） 参加股东会，应当认真履行其法定义务，不得侵犯其他股东的权益，不得扰乱大 会正常秩序。 四、股东（或股东代表）参加股东会依法享有发言权、质询权、表决权等权 利，股东（或股东代表）要 ...

Group 1 - The A-share market showed positive performance with all three major indices rising, particularly the CSI Robot Index which increased by 2.1% [1] - Notable stocks within the robot sector included Tuosida, which rose over 13%, and Keli'er, which hit the daily limit, alongside other companies like Xinjie Electric and Ruishun Technology also experiencing gains [1] - The Robot ETF (159770) demonstrated strong trading activity, with a rise of 2.11% and a trading volume exceeding 180 million yuan, indicating active market participation [1] Group 2 - The Robot ETF (159770) has seen a net inflow of funds in the previous trading day, with 8 out of the last 10 trading days showing net inflows totaling over 460 million yuan [1] - The ETF has outperformed its benchmark with excess returns of 1.81% and 4.59% over the past year and three years, respectively, ranking first among similar ETF products [1] - The market focus on humanoid robots is increasing, with companies like Yushu Technology reporting strong order growth, indicating a positive outlook for the humanoid robot sector [2] Group 3 - Financial analysts suggest that the market is likely to experience a strong upward trend in the technology growth sector, particularly in AI and consumer services, driven by domestic policy support and trends in AI industries [2] - The potential for a return to AI industry trends and domestic demand expansion is highlighted, with a focus on sectors that are expected to perform well, such as high-dividend stocks and consumer services [2]

Group 1 - The A-share market indices experienced an overall increase, with the robotics concept remaining active, particularly the robotics index ETF (159526) rising by 1.83% [1] - Notable stocks in the robotics sector included Xinjie Electric, which rose over 7%, and Tianzhun Technology and Haimeixing, both increasing by over 6% [1] - The introduction of exoskeleton robots in various scenic spots has gained popularity among tourists, showcasing the potential of this technology [1] Group 2 - The exoskeleton robots utilize advanced technologies such as artificial intelligence, sensing, ergonomics, power, and electronics, with multiple A-share listed companies contributing to the industry chain [1] - Experts indicate that the market potential for exoskeleton robots is significant, with applications expanding in medical rehabilitation, military, industrial, and transportation sectors [1] - The application of lightweight materials, such as carbon fiber, in exoskeleton robots is crucial for enhancing movement efficiency, flexibility, and endurance, making it a key technological direction for future iterations [2] Group 3 - The current joint structure of humanoid robots is not fully developed, indicating substantial room for improvement in the future [2] - The diverse functional demands of humanoid robots suggest that specific performance requirements will guide motor design, highlighting the importance of new material development in this process [2]

Core Viewpoint - The company reported a revenue increase of 13.5% year-on-year for 2024, reaching 1.71 billion yuan, with a net profit growth of 14.8% to 229 million yuan, indicating strong financial performance despite rising expenses [1] Financial Performance - 2024 revenue: 1.71 billion yuan, up 13.5% year-on-year [1] - 2024 net profit: 229 million yuan, up 14.8% year-on-year [1] - 2024 net profit excluding non-recurring items: 203 million yuan, up 25.8% year-on-year [1] - Q1 2025 revenue: 390 million yuan, up 14.3% year-on-year [1] - Q1 2025 net profit: 46 million yuan, up 3.5% year-on-year [1] - Q1 2025 net profit excluding non-recurring items: 40 million yuan, up 8.2% year-on-year [1] Strategic Initiatives - The company is advancing its major client strategy, with a focus on expanding its marketing network, leading to an increase in period expense ratios [2] - 2024 comprehensive gross margin: 37.7%, up 1.91 percentage points year-on-year, driven by higher gross margin PLC contributions [2] - Sales expense ratio for 2024: 11.4%, up 2.05 percentage points year-on-year [2] - Management expense ratio for 2024: 4.78%, up 0.19 percentage points year-on-year [2] - R&D expense ratio for 2024: 9.81%, up 0.05 percentage points year-on-year [2] - The company has initiated projects with over 80 S-level clients across emerging industries such as new energy vehicles, semiconductors, and smart logistics [2] Market Position and Product Development - The company achieved a 9.5% market share in the domestic small PLC market, with revenue growth of 21% to 648 million yuan in 2024 [3] - The domestic small PLC market size for 2024 is projected at 6.81 billion yuan, down 7.6% year-on-year [3] - The company is developing a large PLC product, expected to launch in 2025 [3] - The drive business generated 806 million yuan in revenue in 2024, with a gross margin of 24.5% [4] - The company is actively developing components for humanoid robots and plans to launch new high-performance servo drive systems [4] Investment Outlook - Revenue forecasts for 2025-2027 have been adjusted to 2.13 billion yuan, 2.64 billion yuan, and 3.21 billion yuan respectively [5] - Net profit forecasts for 2025-2027 have been adjusted to 288 million yuan, 361 million yuan, and 437 million yuan respectively [5] - The target price is adjusted to 71.7 yuan based on a 35 times PE ratio for 2025, maintaining a "strong buy" rating [5]

Summary of Xinjie Electric's Conference Call Company Overview - **Company**: Xinjie Electric - **Industry**: Automation and Robotics Key Financial Performance - **2024 Financials**: - Net profit increased by 25.80% year-on-year - Direct sales revenue grew by 25.2% to 253 million CNY - Overseas revenue surged nearly 40% to 41.9 million CNY - Total revenue reached 1.7 billion CNY, a 13.50% increase year-on-year - Net profit attributable to shareholders was 229 million CNY, up 14.84% [2][3] - **Q1 2025 Performance**: - Revenue rose by 14.25% to 388 million CNY - Net profit increased by 3.46% to 46 million CNY [2][3] Business Segment Performance - **PLC Segment**: - 2024 revenue of 648 million CNY, up 21.09% with a gross margin of 56.25% - Q1 2025 revenue of 14 million CNY, up 4.39% [3][7] - **Drive Systems**: - 2024 revenue of 806 million CNY, up 10.57% with a gross margin of 24.46% - Q1 2025 revenue of 19 million CNY, up 25.65% [3][7] - **Human-Machine Interface**: - 2024 revenue of 195 million CNY, up 9.5% with a gross margin of 32.18% - Q1 2025 revenue of 44 million CNY, up 6.45% [3][7] - **Intelligent Equipment (Robots)**: - 2024 revenue of 40 million CNY with a gross margin of 34.36% - Q1 2025 revenue of 11 million CNY, up 9.5% [3][7] Strategic Initiatives - **Market Strategy**: - Differentiated strategy in the PLC market focusing on small and medium PLCs, with plans to launch large PLCs in H2 2025 [2][9] - Targeting industries such as oil, chemicals, and high-end manufacturing sectors like new energy and semiconductors [2][6] - **Customer Development**: - Established a strategic customer marketing service team to enhance product competitiveness and brand influence [2][6] - Aiming to double sales from S-level customers from 200 million CNY in 2024 to 400 million CNY in 2025 [4][18] - **Cost Control**: - Implementing measures to optimize production processes and control raw material costs to improve gross margins [2][8][12] Innovation and R&D - **Robotics Development**: - Early entry into humanoid robotics with components like hollow cup motors and frameless torque motors [4][14] - Collaboration with research institutions to accelerate humanoid robotics business [4][15] - **Product Development**: - DS6 series servo products expected to launch in H2 2025, with a 20% efficiency improvement and a 5-10% cost reduction [24][30] - **Technical Expertise**: - Strong capabilities in key components for humanoid robots, including motors and servo systems [21][22] Market Expansion - **Overseas Business**: - Revenue from overseas operations reached 42 million CNY in 2024, with a focus on Southeast Asia, India, and the Middle East [16] - Plans to increase sales network and establish technical service centers in high-demand regions [16] Future Outlook - **Growth Projections**: - Targeting a revenue growth rate of 20-25% for 2025, with a focus on large customer strategies [25] - **Cost Management**: - Aiming to stabilize or reduce sales expense ratios through efficiency improvements [19] - **Market Confidence**: - Positive outlook on humanoid robotics market expansion, with ongoing customer engagement and strategic partnerships [30] This summary encapsulates the key points from Xinjie Electric's conference call, highlighting financial performance, strategic initiatives, innovation, market expansion, and future outlook.

Core Insights - The company reported a revenue of 1.708 billion yuan for 2024, representing a year-on-year growth of 13.5% [2] - The net profit attributable to shareholders was 229 million yuan, up 14.8% year-on-year, while the net profit after deducting non-recurring items reached 203 million yuan, marking a 25.8% increase [2] - The company plans to distribute a cash dividend of 8.7 yuan per 10 shares (including tax) to all shareholders [2] Business Performance - The overall gross margin improved by 2.15 percentage points to 37.72% [2] - The programmable logic controller (PLC) segment generated sales of 648 million yuan, a growth of 21.09%, with a gross margin of 56.25% [2] - The drive systems segment achieved sales of 806 million yuan, up 10.57%, with a gross margin of 24.46% [2] - The human-machine interface segment reported sales of 195 million yuan, a 9.50% increase, with a gross margin of 32.18% [2] - The smart devices (robots) segment generated sales of 41 million yuan, with a gross margin of 34.36% [2] Strategic Initiatives - The company is committed to a major customer strategy, focusing on sectors such as robotics, smart mining, logistics, healthcare, semiconductors, energy storage, photovoltaics, and new energy vehicles [3] - Direct sales revenue reached 254 million yuan, growing by 25.76%, while overseas revenue was 41.9 million yuan, up 39.63% [3] - The company is actively participating in domestic and international industry exhibitions to expand its overseas marketing channels [3] Research and Development - The company increased its R&D expenditure to 168 million yuan, accounting for 9.81% of its revenue [4] - It continues to enhance product performance and expand its product series in core areas such as PLCs, servo systems, human-machine interfaces, and smart devices [4] - The company has developed over 280 independent intellectual property rights and participated in the formulation of four national and industry standards [4] Future Outlook - The company aims to maintain technology innovation as its core driving force, deepen its focus on smart manufacturing and high-end equipment, and promote digital transformation [5] - It plans to expand its international market presence and enhance its overall competitiveness and brand influence [5]