Core Points - The company has adjusted the list of initial grant recipients and the number of restricted stock awards under the 2025 incentive plan, reducing the number of recipients from 276 to 271 and the number of shares from 3.7 million to 3.592 million [1][4] - The reserved portion of restricted stock has been increased from 660,000 shares to 768,000 shares [1][4] - The adjustments were made following a board meeting and are in compliance with relevant regulations and the company's incentive plan [1][5] Approval Process - The incentive plan has undergone necessary approval procedures, including public disclosure of the plan and its summary on the Shanghai Stock Exchange [1][2] - The board of directors has been authorized to determine the grant date and manage all necessary matters related to the stock awards [2][5] Adjustments Explanation - Two initial recipients were removed due to their prior trading of company stock, although it was determined that they did not have insider information regarding the specific implementation of the incentive plan [3][4] - Additionally, three recipients voluntarily waived their rights to the stock awards, leading to further adjustments in the reserved stock [4] Impact on the Company - The adjustments to the incentive plan are not expected to have a material impact on the company's financial condition or operating results [4][5] - The board's compensation and assessment committee has expressed agreement with the adjustments, affirming compliance with relevant laws and regulations [4][5]

Summary of Key Points Core Viewpoint - Zhejiang Jiechang Linear Drive Technology Co., Ltd. has announced its 2025 Restricted Stock Incentive Plan, detailing the allocation of restricted stocks to its employees, primarily focusing on core technical and business personnel. Group 1: Incentive Plan Details - The total number of restricted stocks granted is 436,000 shares, with 359,200 shares (82.39%) allocated to core technical/business personnel [1] - A reserve of 76,800 shares (17.61%) is set aside for future allocation [1] - The total granted shares represent 1.14% of the company's total share capital [1] Group 2: Restrictions and Conditions - Any individual recipient of the incentive plan can receive a maximum of 1% of the company's total share capital through all effective stock incentive plans [1] - The total number of shares involved in all effective stock incentive plans cannot exceed 10% of the company's total share capital [1] - Recipients may reduce the number of restricted stocks subscribed if they face funding shortages [1]

证券代码：603583 证券简称：捷昌驱动 公告编号：2025-049 浙江捷昌线性驱动科技股份有限公司 关于调整 2025 年限制性股票激励计划首次授予激励对象名单和 授予数量的公告 一、本次激励计划已履行的相关审批程序 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、2025 年 8 月 11 日，公司第六届董事会第二次会议审议通过了《关于<浙 江捷昌线性驱动科技股份有限公司 2025 年限制性股票激励计划（草案）>及其摘 要的议案》《关于<浙江捷昌线性驱动科技股份有限公司 2025 年限制性股票激励 计划实施考核管理办法>的议案》《关于提请股东会授权董事会办理公司股权激 励计划相关事宜的议案》等议案，并于 2025 年 8 月 12 日在上海证券交易所官方 网站及指定媒体上披露了相关公告。 2、2025 年 8 月 12 日至 2025 年 8 月 21 日，公司对本次激励计划首次授予 激励对象的姓名和职务在公司内部进行了公示。截至公示期届满，公司未收到任 何员工对本次公示的相关内容提出异议。董事会薪酬与考核委员会对 ...

证券代码：603583 证券简称：捷昌驱动 公告编号：2025-050 浙江捷昌线性驱动科技股份有限公司 关于向 2025 年限制性股票激励计划激励对象首次授予 限制性股票的公告 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。 重要内容提示： 浙江捷昌线性驱动科技股份有限公司（以下简称"公司"）根据《上市公司股 权激励管理办法》（以下简称"《管理办法》"）、《浙江捷昌线性驱动科技股份 有限公司 2025 年限制性股票激励计划》（以下简称"《激励计划》"或"本次激励 计划"）的相关规定以及 2025 年第一次临时股东会的授权，公司于 2025 年 8 月 29 日召开了第六届董事会第四次会议，审议通过了《关于向 2025 年限制性股票 激励计划激励对象首次授予限制性股票的议案》，董事会认为公司本次激励计划 规定的首次授予条件已经成就，同意确定 2025 年 8 月 29 日为授予日，向 271 名激励对象授予限制性股票 359.20 万股，授予价格为 19.15 元/股。现将相关事 项公告如下： 一、限制性股票激励计划授予情况 ...

浙江捷昌线性驱动科技股份有限公司 2025 年限制性股票激励计划首次授予激励对象名单 注：1. 上述任何一名激励对象通过全部在有效期内的股权激励计划获授的本公司股票， 累计不超过公司股本总额的 1%。公司全部在有效期内的股权激励计划所涉及的标的股票总 数累计不超过公司股本总额的 10%； 2. 本激励计划激励对象不包括独立董事、单独或合计持有公司 5%以上股份的股东或实 际控制人及其配偶、父母、子女； 3. 激励对象因个人原因自愿放弃获授权益的，由董事会对授予数量作相应调整，激励 对象在认购限制性股票时因资金不足可以相应减少认购限制性股票数额； 4. 预留权益的激励对象在本激励计划经股东会审议通过后 12 个月内确定，经董事会提 出、董事会薪酬与考核委员会发表明确意见、律师发表专业意见并出具法律意见书后，公司 在指定网站按要求及时准确披露激励对象相关信息。 5. 上表中部分合计数与各明细数相加之和在尾数上如有差异，系以上百分比结果四舍 五入所致。 （授予日） 浙江捷昌线性驱动科技股份有限公司 浙江捷昌线性驱动科技股份有限公司（以下简称"公司"）2025 年限制性股 票激励计划（以下简称"本激励计划"）的激励对 ...

上海君澜律师事务所 关于 浙江捷昌线性驱动科技股份有限公司 调整 2025 年限制性股票激励计划及 上海君澜律师事务所 关于浙江捷昌线性驱动科技股份有限公司 调整 2025 年限制性股票激励计划及首次授予相关事项之 法律意见书 致：浙江捷昌线性驱动科技股份有限公司 首次授予相关事项 之 法律意见书 二〇二五年九月 上海君澜律师事务所 法律意见书 上海君澜律师事务所（以下简称"本所"）接受浙江捷昌线性驱动科技股 份有限公司（以下简称"公司"或"捷昌驱动"）的委托，根据《上市公司股 权激励管理办法》（以下简称"《管理办法》"）及《浙江捷昌线性驱动科技 股份有限公司 2025 年限制性股票激励计划》（以下简称"《激励计划》"或 "本次激励计划"）的规定，就捷昌驱动调整本次激励计划首次授予激励对象 名单和授予数量及向激励对象首次授予限制性股票的相关事项（以下简称"本 次调整及授予"）出具本法律意见书。 对本法律意见书，本所律师声明如下： （一）本所律师依据《中华人民共和国证券法》《律师事务所从事证券法 律业务管理办法》和《律师事务所证券法律业务执业规则（试行）》等规定及 本法律意见书出具日以前已经发生或者存在的事实， ...

二、会议审议议案及表决情况 证券代码：603583 证券简称：捷昌驱动 公告编号：2025-048 浙江捷昌线性驱动科技股份有限公司 第六届董事会第四次会议决议公告 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。 一、会议召开情况 浙江捷昌线性驱动科技股份有限公司（以下简称"公司"）第六届董事会第四 次会议于 2025 年 8 月 29 日在公司会议室以现场结合通讯的方式召开。本次董事 会会议应出席董事 9 人，实际出席董事 9 人（其中委托出席董事 0 人，以通讯表 决方式出席董事 4 人）。本次会议由公司董事长胡仁昌先生主持，公司高级管理 人员列席了会议。本次会议的召集、召开符合《中华人民共和国公司法》和《浙 江捷昌线性驱动科技股份有限公司章程》及其他有关法律法规的规定，会议合法 有效。 1、审议通过了《关于调整 2025 年限制性股票激励计划首次授予激励对象名单 和授予数量的议案》 鉴于 2 名激励对象在知悉 2025 年限制性股票激励计划（以下简称"本次激 励计划"）后至本次激励计划草案公告前存在买卖公司股票行为，基于 ...

1、除本次调整的 5 名激励对象外，本次获授限制性股票剩余的激励对象与 公司 2025 年第一次临时股东会批准的《激励计划》中规定的激励对象相符合。 2、本次激励计划的激励对象不存在《管理办法》第八条规定的不得成为激 励对象的下列情形： （1）最近 12 个月内被证券交易所认定为不适当人选； （2）最近 12 个月内被中国证监会及其派出机构认定为不适当人选； （4）具有《公司法》规定的不得担任公司董事、高级管理人员的情形的； 浙江捷昌线性驱动科技股份有限公司董事会薪酬与 考核委员会关于 2025 年限制性股票激励计划 首次授予激励对象名单（授予日）的核查意见 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》"）、《上市公司股权激励管理办法》（以下简称 "《管理办法》"）、《上海证券交易所股票上市规则》（以下简称"《上市规则》"） 等相关法律法规和《公司章程》的有关规定，浙江捷昌线性驱动科技股份有限公 司（以下简称"公司"）董事会薪酬与考核委员会对《公司 2025 年限制性股票激 励计划》（以下简称"《激励计划》"）首次授予激励对象名单（授予日）进行了 核 ...

Investment Rating - The report assigns an "Overweight" rating to the mechanical manufacturing industry [6]. Core Insights - The report highlights the rapid development opportunities for agricultural robots driven by AI, as outlined in the State Council's recent policy [6]. - The commencement of the Jinhuo Technology project for high-end machine tools and automation production lines marks a significant step towards domestic high-end machine tool production [6]. - Collaboration between General Technology and Siemens in the machine tool sector is expected to enhance technological synergies and regional resource sharing [6]. Summary by Sections Market Performance - From August 25 to August 29, the mechanical equipment index increased by 1.15%, underperforming compared to the CSI 300 index, which rose by 2.23% [9]. - Year-to-date, the mechanical equipment index has gained 33.69%, outperforming the CSI 300 index's 17.70% increase [11]. Key Developments - The State Council's policy on "AI+" aims to accelerate the digital transformation of agriculture, promoting the development of smart agricultural machinery, including robots [6]. - The Jinhuo Technology project, with an annual production capacity of 3,000 high-end machine tools, is set to establish a precision machine tool manufacturing base in Fuyang Economic and Technological Development Zone [6]. - The collaboration between General Technology and Siemens focuses on core needs in machine tools and servo automation, aiming for high-quality development in the Asia-Pacific region [6]. Sub-industry Data - In July 2025, the production of industrial robots reached 63,740 units, marking a 24% year-on-year increase [45]. - The output of metal cutting machine tools in July 2025 was 71,000 units [43]. Company Recommendations - For humanoid robots, recommended companies include Hengli Hydraulic, Best, Changsheng Bearing, Zhaowei Electric, Mingzhi Electric, Top Group, Jiechang Drive, Mannester, and Shuanghuan Transmission [6]. - In the engineering machinery sector, recommended companies are Hengli Hydraulic, Sany Heavy Industry, XCMG, and Zoomlion [6]. - For the export chain, recommended companies include Honghua Digital Technology, Juxing Technology, Jack Shares, and Taotao Vehicle [6].

Core Viewpoint - The company reported strong financial performance in H1 2025, with revenue and net profit growth, and is well-positioned for future growth in its linear drive and robotics segments [1][3]. Financial Performance - In H1 2025, the company achieved revenue of 2.01 billion yuan, a year-on-year increase of 27.3%, and a net profit of 270 million yuan, up 43.3% year-on-year [1]. - The gross margin was 30.2%, a slight decrease of 0.1 percentage points year-on-year, while the net profit margin improved by 1.5 percentage points to 13.5% [1]. - For Q2 2025, revenue reached 1.05 billion yuan, a 20.5% increase year-on-year, with net profit of 160 million yuan, up 32.3% year-on-year [1]. Business Segments - The linear drive business generated revenue of 2 billion yuan in H1 2025, reflecting a 27% year-on-year growth, with a stable gross margin of 30.26% [1]. - The company focused on overseas markets, with H1 2025 overseas revenue of 1.392 billion yuan, accounting for 69% of total revenue, and a gross margin of 31.98% [1]. - The North American and European markets are key, with the U.S. subsidiary reporting revenue of 522 million yuan, a 34% increase year-on-year [1]. Strategic Initiatives - The company is enhancing its global production capabilities, with the completion of the first phase of its European logistics and production base, which will improve R&D, production delivery, and supply chain management [1]. - The robotics components segment is progressing well, with the company investing 10 million yuan in Zhejiang Lingqiao Intelligent, acquiring a 1.67% stake to accelerate the application and mass production of its hollow cup motors [3]. Cost Management - The company effectively managed expenses, with H1 2025 period expenses of 300 million yuan, a decrease of 0.5% year-on-year, resulting in a cost ratio of 15.1%, down 4.2 percentage points [3]. - Operating cash flow showed a significant increase, with a net inflow of 360 million yuan, up 50.7% year-on-year [3]. - Inventory and contract liabilities also grew significantly, with inventory at 920 million yuan, up 24% year-on-year, and contract liabilities at 44 million yuan, up 30% year-on-year [3]. Future Outlook - The company expects its linear drive business to maintain a steady growth rate of 20-30% year-on-year in H2 2025 [3]. - Profit forecasts for 2025-2027 project net profits of 392 million, 497 million, and 640 million yuan, representing year-on-year growth rates of 39%, 27%, and 29% respectively [3].