Core Points - Jiangsu Zhenjiang New Energy Equipment Co., Ltd. reported a significant decline in financial performance for the first half of 2025, with total revenue decreasing by 6.27% year-on-year to approximately 1.83 billion RMB [1] - The company's net profit attributable to shareholders fell by 87.29% to approximately 15.69 million RMB, indicating severe profitability challenges [1] - Total assets increased by 10.80% year-on-year, reaching approximately 7.67 billion RMB, suggesting growth in asset base despite declining revenues [1] Financial Summary - Total assets at the end of the reporting period were 7,672,548,161.62 RMB, up from 6,924,754,045.56 RMB, reflecting a 10.80% increase [1] - Operating revenue for the period was 1,834,295,550.60 RMB, down from 1,957,005,869.05 RMB, a decrease of 6.27% [1] - Total profit for the period was 23,579,171.26 RMB, a significant drop of 84.11% compared to 148,429,110.14 RMB in the previous year [1] - Net profit attributable to shareholders was 15,693,493.01 RMB, down 87.29% from 123,462,807.45 RMB [1] - Cash flow from operating activities showed a negative net amount of -122,276,005.45 RMB, a decline of 225.71% compared to 97,268,472.26 RMB in the previous year [1] - Basic and diluted earnings per share were both 0.09 RMB, down 86.57% from 0.67 RMB [1] Shareholder Information - The top shareholder, Hu Zhen, holds 22.36% of the shares, amounting to 41,206,155 shares [2] - Other significant shareholders include Jiangyin Zhenjiang Langwei Investment Enterprise (Limited Partnership) with 4.91% and the National Social Security Fund with 1.84% [2] - The report indicates that Hu Zhen, Bu Chunhua, and Jiangyin Zhenjiang Langwei Investment Enterprise (Limited Partnership) are considered acting in concert [2]

Core Viewpoint - Jiangsu Zhenjiang New Energy Equipment Co., Ltd. plans to abolish its supervisory board and amend its articles of association to enhance corporate governance and comply with updated legal regulations [1][2]. Summary by Sections Abolishment of Supervisory Board - The company intends to eliminate the supervisory board and its related rules, transferring the supervisory functions to the audit committee of the board of directors, in accordance with the latest revisions of the Company Law and other regulatory requirements [1][2]. Amendments to Articles of Association - The company will revise its articles of association and related rules, including the deletion of terms related to the supervisory board and the introduction of terms for the audit committee [2][3]. - Specific changes include replacing references to "supervisors" and "supervisory board meetings" with "audit committee members" and "audit committee meetings" [2][3]. - The amendments will also adjust the terminology from "shareholders' meeting" to "shareholders' assembly" and will not list every individual change due to the extensive nature of the revisions [2][3]. Governance Structure - The revised articles will continue to ensure the protection of the legal rights of shareholders and creditors, and will serve as a binding document for the company, shareholders, directors, and senior management [3][4]. - The company emphasizes the importance of maintaining a clear governance structure to uphold the rights and obligations among shareholders and the company [3][4]. Legal Compliance - The amendments are designed to align with the latest legal frameworks, including the Shanghai Stock Exchange's self-regulatory guidelines, ensuring that the company operates within the legal boundaries set forth by regulatory authorities [2][3].

Core Points - The article outlines the selection and appointment system for accounting firms at Jiangsu Zhenjiang New Energy Equipment Co., Ltd, aiming to ensure the quality of financial information and protect shareholder interests [1][2][3] Group 1: General Principles - The company establishes a system to regulate the selection of accounting firms, ensuring compliance with the China Securities Regulatory Commission's regulations [1] - The selection process requires approval from the board of directors and the shareholders' meeting, preventing any pre-approval engagement with accounting firms [1][2] Group 2: Quality Requirements for Accounting Firms - Selected accounting firms must meet specific qualifications, including legal establishment, good reputation, and compliance with relevant laws and regulations [1][2] - The firms must have a solid internal management system and qualified registered accountants to ensure audit quality [1][2] Group 3: Selection Procedures - The audit committee, independent directors, or a third of the board can propose the selection of accounting firms, with the audit committee responsible for overseeing the process [2][3] - The selection can be conducted through public, invited, or single selection methods, requiring firms to provide relevant quality and integrity documentation [2][3] Group 4: Audit Committee Responsibilities - The audit committee must evaluate the qualifications of participating accounting firms and submit recommendations to the board [2][3] - Regular assessments of the appointed accounting firms' performance are required, with reports submitted to the board [2][3] Group 5: Special Provisions for Reappointment - The audit committee must evaluate the performance of the accounting firm before reappointment, ensuring a thorough assessment of audit quality [5][6] - If the committee finds the firm unsatisfactory, it must recommend a change [5][6] Group 6: Supervision and Penalties - The audit committee is responsible for monitoring the selection process and ensuring compliance with laws and regulations [7][8] - Serious violations by accounting firms can lead to disqualification from future appointments, and penalties may be imposed on responsible individuals [7][8]

Core Viewpoint - The document outlines the information disclosure system of Jiangsu Zhenjiang New Energy Equipment Co., Ltd., emphasizing the importance of timely, accurate, and complete information disclosure to protect the rights of shareholders and other stakeholders [1][2]. Group 1: General Principles - The information disclosure system is established to enhance the quality of information disclosure and ensure compliance with relevant laws and regulations [1][2]. - The system applies to the company, its subsidiaries, and certain shareholders [2]. - Information disclosure obligations are defined for various parties, including directors, senior management, and shareholders [2][3]. Group 2: Disclosure Principles - Information must be disclosed in a manner that is fair and equitable to all shareholders, prohibiting selective disclosure [3][4]. - The language used in disclosures should be clear, concise, and free from misleading statements [4][5]. Group 3: Reporting Requirements - The company is required to disclose periodic reports, including annual, semi-annual, and quarterly reports, within specified timeframes [6][7]. - Annual reports must include key financial data, stock issuance details, and shareholder information [18][19]. - The company must disclose any significant events that could impact stock prices or investor decisions [10][11]. Group 4: Temporary Reports - Temporary reports must be issued for significant events that could affect the company's securities trading prices [26][27]. - The company must disclose any changes in major shareholders or significant operational events promptly [20][21]. Group 5: Disclosure Procedures - The procedures for disclosing periodic and temporary reports are clearly defined, requiring internal reviews and approvals before submission [52][53]. - The company must ensure that all disclosed information is consistent across different platforms and media [5][22]. Group 6: Confidentiality and Penalties - The document emphasizes the importance of confidentiality regarding undisclosed information and outlines penalties for breaches of disclosure obligations [65][66]. - Individuals involved in the disclosure process are required to maintain confidentiality and are subject to disciplinary actions for violations [70][71].

General Overview - The company establishes a Compensation and Assessment Committee to enhance the performance evaluation and compensation management system for senior management [2][4] - The committee operates independently and is responsible for formulating compensation policies and performance assessment standards [4][5] Committee Composition - The committee consists of at least three directors, with more than half being independent directors [4][5] - The committee is chaired by an independent director, who is responsible for convening meetings [3][4] Responsibilities and Authority - The committee is tasked with developing compensation systems for directors and senior management, and it reports to the board of directors [4][10] - It is responsible for assessing performance, formulating compensation plans, and making recommendations on stock incentive plans [11][12] Meeting Procedures - The committee must hold at least one regular meeting each fiscal year, with additional meetings called as needed [17][18] - Meetings can be conducted in person or via remote communication, and decisions require a two-thirds majority of committee members present [25][26] Voting and Decision-Making - Decisions are made through a named voting process, with each member having one vote [36][37] - Meeting records must be kept, detailing attendance, agenda items, and voting results [41][42] Conflict of Interest - Committee members must disclose any conflicts of interest and recuse themselves from discussions where they have a direct or indirect interest [44][45] Performance Assessment - The committee has the authority to track the performance of senior management and assess their compensation based on various factors [48][51] - Confidentiality is required regarding any non-public information obtained during the assessment process [52]

Core Points - The article outlines the foreign exchange hedging management system of Jiangsu Zhenjiang New Energy Equipment Co., Ltd, aimed at regulating hedging activities and mitigating risks associated with foreign exchange rate fluctuations [2][3][4] Summary by Sections General Principles - The system is applicable to the company and its subsidiaries, ensuring compliance with relevant laws and regulations while safeguarding company assets [2] - Foreign exchange hedging activities must be based on actual business needs and should not be conducted for speculative purposes [2][3] Operational Principles - The company is required to establish its own trading accounts for hedging and can only transact with qualified financial institutions approved by the State Administration of Foreign Exchange and the People's Bank of China [3] - Hedging transactions must align with the company's foreign currency receivables and payables forecasts, ensuring that the amounts do not exceed these forecasts [3][4] Approval Authority - The board of directors or shareholders' meeting determines the hedging limits, with specific approval processes based on the transaction amounts relative to the company's audited net assets [4][5] Internal Procedures - The finance department is responsible for feasibility analysis, planning, and execution of hedging transactions, while the audit department oversees compliance and performance [6][7] - Regular reporting and monitoring of hedging activities are mandated to ensure transparency and risk management [7][8] Confidentiality - All personnel involved in hedging activities must adhere to confidentiality obligations regarding the company's hedging strategies and financial information [13] Risk Reporting and Management - Significant market fluctuations or risks that could impact the company's financial performance must be reported immediately to management and the board [15][16] - The finance department is tasked with monitoring market conditions and making timely decisions to minimize potential losses [16] Information Disclosure - The company is required to disclose information regarding its hedging activities in accordance with regulations set by the China Securities Regulatory Commission and the Shanghai Stock Exchange [18][19]

General Overview - The company has established a major event reporting system to enhance the management of significant events and ensure timely, accurate, and complete information disclosure [2][3] - The system is in accordance with relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China [2] Reporting Obligations - Major event reporting obligations apply to various stakeholders, including controlling shareholders, board members, senior management, and other personnel who may have access to significant information [5][6] - The company’s board secretary is responsible for managing the disclosure of major information, while the securities management department handles daily management of reporting [3][4] Definition of Major Events - Major events include significant transactions, related party transactions, and other occurrences that may impact the company's stock price [3][5] - Specific reporting criteria include major losses, significant debts, legal disputes, and changes in company structure or operations [5][6] Reporting Procedures - Stakeholders must report major events to the board secretary and chairman on the same day they become aware of them, using various communication methods [7][9] - Written reports must include details such as the reasons for the event, its impact on the company, and any relevant agreements or legal documents [7][8] Accountability - The company will hold accountable any department or individual that fails to report significant events in a timely manner, with potential consequences including disciplinary actions [9][10] - The board of directors is responsible for interpreting and modifying the reporting system as necessary [10]

Group 1 - The board of directors of Jiangsu Zhenjiang New Energy Equipment Co., Ltd. held its 12th meeting of the 4th session on August 27, 2025, with all directors present and all resolutions passed unanimously without opposition [1][2]. - The company plans to amend its Articles of Association, Shareholders' Meeting Rules, and Board Meeting Rules to comply with the latest legal regulations, and will abolish the Supervisory Board, transferring its powers to the Audit Committee of the Board [2][3]. - All resolutions passed during the meeting received a unanimous vote of 5 in favor, with no votes against or abstentions [3][4]. Group 2 - The amendments to the governance documents will be submitted for approval at the shareholders' meeting, and upon approval, the board will authorize relevant personnel to handle the necessary business registration changes [2][3]. - The company aims to enhance its governance level and ensure compliance with regulatory requirements through these amendments [2][4].

Core Viewpoint - The company, Zhenjiang Co., Ltd., reported a revenue of 1.834 billion yuan and a net profit of 15.6934 million yuan for the first half of 2025, with a substantial order backlog of 2.903 billion yuan, indicating strong growth potential in the renewable energy sector [1][2]. Group 1: Financial Performance - The company achieved a revenue of 1.834 billion yuan and a net profit of 15.6934 million yuan in the first half of 2025 [1]. - As of the end of the reporting period, the company had an order backlog of 2.903 billion yuan, with significant contributions from wind power equipment (2.431 billion yuan) and photovoltaic equipment (206 million yuan) [1]. Group 2: Order Backlog and Future Projections - The company has a framework order backlog projected to exceed 15 billion yuan by 2030, indicating a robust pipeline for future revenue [2][3]. - The company is positioned as a leading manufacturer of steel structure components for renewable energy generation, with a complete production process covering design, welding, machining, and surface treatment [2]. Group 3: Expansion and Investment Plans - The company plans to invest 3 billion yuan in Jiangyin for expanding production of large offshore wind turbine components and 5 billion yuan in Nantong for establishing a production base for offshore wind products [3]. - The Nantong Phase I project has been completed and is in mass production, while Phase II is under construction and expected to contribute to capacity by the end of the year [3]. Group 4: Industry Trends and Strategic Focus - The offshore wind power sector is shifting towards deep-sea projects, with significant economic potential expected to enhance by 2025 [2]. - The company aims to maintain its core business focus while leveraging opportunities in the rapidly growing renewable energy market [4]. Group 5: New Ventures - The company is entering the exoskeleton robot market, which is projected to reach a global market size of 14.67 billion USD by 2030, with a CAGR of 42.2% [5]. - The company has established a robotics division to focus on intelligent control algorithms and bionic design for exoskeletons, with four patents expected to be filed by 2024 [6].

每经头条（nbdtoutiao）——申请超2万份，已开出41家，加盟海底捞，你要准备多少钱？1000万元不算 多，真实"账单"公布 （记者 张喜威） 每经AI快讯，振江股份（SH 603507，收盘价：28.12元）8月28日晚间发布公告称，为进一步增强振江 铸造的资金实力，推动公司整体发展战略的顺利实施，提高公司整体竞争力和盈利能力，公司于2025年 8月27日召开第四届董事会第十二次会议，审议通过了《关于子公司增资扩股的议案》，同意通过增资 扩股方式，为全资子公司振江铸造引入三家战略投资者，并签署《江苏省沿海开发投资有限公司与江苏 振江新能源装备股份有限公司关于江苏振江铸造科技有限公司之增资协议》、《江苏省沿海开发投资有 限公司与江苏振江新能源装备股份有限公司关于江苏振江铸造科技有限公司之股东协议》、《江苏南通 高端装备产业专项母基金（有限合伙）与江苏振江新能源装备股份有限公司关于江苏振江铸造科技有限 公司之增资协议》、《江苏南通高端装备产业专项母基金（有限合伙）与江苏振江新能源装备股份有限 公司关于江苏振江铸造科技有限公司之股东协议》、《无锡市上市公司高质量发展基金（有限合伙）与 江苏振江新能源装备股份 ...