Group 1 - The company, Jiechang Drive (603583), announced that shareholders plan to reduce their holdings through various methods [1] - Zhongsheng Investment intends to reduce its stake by up to 6.1323 million shares, accounting for 1.60% of the total share capital [1] - Mr. Wu Di plans to reduce his stake by up to 300,000 shares, representing 0.08% of the total share capital [1] Group 2 - The reduction plans will be implemented within three months after the announcement, starting 15 trading days from the date of the announcement [1] - The reduction price will be determined based on market prices [1]

Group 1 - The core point of the article is that Jiechang Drive (603583.SH) announced a share reduction plan by its shareholders, which includes a significant reduction in shares through block trading and centralized bidding [1] Group 2 - Zhongsheng Investment plans to reduce its holdings by up to 6.1323 million shares, accounting for 1.60% of the company's total share capital [1] - Mr. Wu Di plans to reduce his holdings by up to 300,000 shares, representing 0.08% of the company's total share capital [1] - The share reduction will be implemented within three months after the announcement, starting 15 trading days from the date of the announcement, with the reduction price determined by market conditions [1]

Group 1 - The core point of the article is that Jiechang Drive (603583) announced a share reduction plan by its shareholders due to funding needs [1] - Shareholder Zhongsheng Investment Co., Ltd. plans to reduce its holdings by up to 6.13225 million shares, accounting for 1.60% of the total share capital [1] - Mr. Wu Dizing plans to reduce his holdings by up to 300,000 shares, representing 0.08% of the total share capital [1] Group 2 - The reduction plan will be implemented from September 30, 2025, to December 29, 2025 [1]

证券代码：603583 证券简称：捷昌驱动 公告编号：2025-051 浙江捷昌线性驱动科技股份有限公司 股东减持股份计划公告 本公司董事会、全体董事及相关股东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： 减持计划的主要内容 近日，公司收悉股东出具的《关于股份减持计划的告知函》，众盛投资计划 通过大宗交易方式减持公司股份不超过 6,132,250 股，占公司总股本的 1.60%； 吴迪增先生计划通过集中竞价交易方式减持公司股份不超过 300,000 股，占公司 总股本的 0.08%，上述股东将于本减持计划公告发布之日起 15 个交易日后的 3 个月内实施，减持价格按市场价格确定。 若在减持计划实施期间，公司发生派发红利、送红股、转增股本、增发新股 或配股等股本变动、除权除息事项，将根据相关规定对拟减持股份数量进行相应 调整。 | 股东名称 | 新昌县众盛投资有限公司 | | | --- | --- | --- | | 股东身份 | 控股股东、实控人及一致行动人 | √是 □否 | 一、减持主体的基本情况 1 | | 直接持股 5% ...

Group 1 - The core point of the article is that Jiechang Drive (603583.SH) announced a share reduction plan by its shareholders, which includes a significant reduction in shares through different trading methods [1] Group 2 - Zhongsheng Investment plans to reduce its holdings by up to 6.1323 million shares, accounting for 1.60% of the company's total share capital [1] - Mr. Wu Dixin plans to reduce his holdings by up to 300,000 shares, representing 0.08% of the company's total share capital [1] - The share reduction will be implemented within three months after the announcement, starting 15 trading days from the date of the announcement, with the reduction price determined by market conditions [1]

Group 1 - The shareholder, New Changxing Zhongsheng Investment Co., Ltd., holds 24.529 million shares, accounting for 6.42% of the total shares, and plans to reduce its holdings by up to 6.1323 million shares, representing 1.60%, through block trading from September 30, 2025, to December 29, 2025 [1] - The company's director and deputy general manager, Wu Di, has increased his holdings by 8.0212 million shares, which is 2.10%, and intends to reduce up to 300,000 shares, accounting for 0.08%, through centralized bidding during the same period [1]

Company Overview - Zhejiang Jiechang Linear Drive Technology Co., Ltd. is located in Shaoxing, Zhejiang Province, established on April 30, 2010, and listed on September 21, 2018. The company specializes in the production and sales of linear drive systems and equipment, medical device components, and functional furniture and components. The main business revenue composition is 99.77% from linear drive products and 0.23% from other supplementary products [1][2]. Stock Performance - On September 4, Jiechang's stock price fell by 2.01%, trading at 41.88 CNY per share, with a total market capitalization of 16.009 billion CNY. The stock has increased by 71.57% year-to-date, with a 7.61% rise over the last five trading days, 7.38% over the last 20 days, and 16.59% over the last 60 days [1]. - The company has appeared on the "Dragon and Tiger List" four times this year, with the most recent appearance on March 13, where it recorded a net buy of -68.4446 million CNY [1]. Financial Performance - For the first half of 2025, Jiechang achieved a revenue of 2.007 billion CNY, representing a year-on-year growth of 27.31%. The net profit attributable to the parent company was 271 million CNY, reflecting a year-on-year increase of 43.29% [2]. Shareholder Information - As of June 30, 2025, the number of shareholders increased by 5.05% to 41,900, with an average of 9,123 shares per shareholder, a decrease of 4.80% from the previous period. The top ten circulating shareholders include notable funds, with some experiencing a reduction in holdings [3]. Dividend Distribution - Since its A-share listing, Jiechang has distributed a total of 685 million CNY in dividends, with 280 million CNY distributed over the past three years [3]. Industry Classification - Jiechang operates within the machinery and equipment sector, specifically in automation equipment and industrial control devices. It is also associated with concepts such as automotive parts, humanoid robots, and overseas expansion [2].

Core Viewpoint - The company is actively implementing a globalization strategy by establishing production bases in Southeast Asia, the United States, and Europe, which enhances its capacity to meet global customer demands and ensures supply chain stability and flexibility [1] Group 1: Globalization Strategy - The company has built a global production capacity layout that includes overseas bases alongside domestic ones, effectively addressing current global customer needs [1] - The establishment of overseas production bases helps the company to effectively resist international trade risks [1] Group 2: Business Development - The company has seen steady development across its various business segments, with rapid market expansion in Europe and the Asia-Pacific region [1] - Revenue from regions outside North America is continuously increasing, indicating a diversification of income sources [1] Group 3: Partnerships and Collaborations - The company has initiated collaborations with downstream robotic clients, with some products currently undergoing customer sample testing [1]

Group 1 - The humanoid robot sector in A-shares experienced explosive growth, with multiple stocks hitting the daily limit up, including Qin Chuan Machine Tool, Longxi Co., Giant Wheel Intelligent, and Zhejiang Rongtai [1] - Several listed companies disclosed progress in humanoid robot-related businesses, such as Jiechang Drive's development of linear actuators and joint modules, and New Times' plans to launch a general-purpose controller by the end of 2025 [2] - Zhejiang Rongtai announced a stock trading anomaly due to a cumulative price increase exceeding 20% over three trading days, confirming stable operations and no undisclosed significant information [3] Group 2 - New Times highlighted its unique position in the field of embodied intelligence, focusing on customized development for industrial applications and planning to provide complete machine products in humanoid robotics [2] - Zhejiang Rongtai has been active in the robotics sector, acquiring stakes in companies related to intelligent robotics and establishing a wholly-owned subsidiary in Jiaxing [3] - As of June 30, 2025, notable shareholder Zhang Jianping held 3.00% of Zhejiang Rongtai's shares, entering the top ten circulating shareholders [3]

Summary of Key Points from the Conference Call of Jiechang Drive Industry and Company Overview - The conference call pertains to Jiechang Drive, a company operating in the fields of smart office, medical care, smart home, industrial technology, and automotive intelligence. [2][3] Core Insights and Arguments - **Revenue Breakdown**: In the first half of 2025, revenue sources were approximately 75% from smart office, 15% from medical care, 5-6% from smart home, and 6-7% from industrial and automotive sectors. [2][3] - **Growth Rates**: The automotive and industrial sectors experienced rapid growth, exceeding 40%, although they started from a smaller base. [4] - **Global Tariff Strategy**: To address global tariff changes, Jiechang Drive has established local production in Malaysia and the U.S. to cover U.S. market demands, with expected tariff burdens of 8-10% in Malaysia. [6] - **European Factory Impact**: The first phase of the European factory is set to commence production in July 2025, with a designed capacity of 800,000 units, which is expected to enhance performance in the second half of the year. [7] - **Collaboration with Lingqiao Intelligent**: Jiechang Drive has deepened its collaboration with Lingqiao Intelligent, including a 10 million yuan equity investment, leading to the launch of multiple product series with sales of approximately 40 million yuan in the first half of 2025. [8] Additional Important Insights - **Regional Revenue Distribution**: In the first half of 2025, revenue distribution was approximately 35-36% from the U.S., 20-24% from Europe, 30% from domestic markets, and the remainder from Southeast Asia. [9] - **Production Status**: The company has completed its procurement plan for motors and actuators, with motors already in mass production and actuator capacity expected to be ready in the second half of the year. [11] - **Cost Control Strategy**: Jiechang Drive's strategy includes strict cost control to gain market recognition and orders, with a clear plan to reduce costs as sales volume increases. [23] - **Profitability Metrics**: The net profit margin for the first half of 2025 was 13.5%, an increase of 1.6 percentage points year-on-year, with expectations for continued improvement in the coming years. [27] - **Future Revenue Goals**: The company aims to achieve a revenue target of 5 billion yuan by 2027, driven by over 10% growth in its main business and rapid development in new sectors like industrial and automotive. [26] Market Trends and Competitive Landscape - **Robot Industry Development**: The robot industry is still in its early stages but has seen rapid growth, with several leading manufacturers achieving valuations in the hundreds of billions. [17] - **Investment in Humanoid Robots**: Jiechang Drive is prioritizing R&D in humanoid robots, with plans to establish a separate company for this segment and implement equity incentives to drive development. [21][20] Conclusion - Jiechang Drive is strategically positioned to leverage growth in various sectors, with a strong focus on cost control, production efficiency, and strategic partnerships, aiming for significant revenue growth and improved profitability in the coming years. [25][28]