证券代码：603667 证券简称：五洲新春 公告编号：2025-055 浙江五洲新春集团股份有限公司 关于股权激励限制性股票 回购注销实施暨股份变动的公告 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个别及连带责任。 重要内容提示： 1、回购注销原因：因 2024 年度浙江五洲新春集团股份有限公司（以下简称 "公司"）公司层面业绩考核未达到 2021 年限制性股票激励计划预留部分第三个 解锁期解锁条件，根据公司《2021 年限制性股票激励计划（草案）》（以下简称"《激 励计划（草案）》"）的相关规定对相关股票予以回购注销。 2、本次注销股份的有关情况 | 回购股份数量 | 注销股份数量 | 拟注销日期 | | | | | | --- | --- | --- | --- | --- | --- | --- | | 股 137,730 | 股 137,730 | 2025 年 | 7 | 月 | 3 | 日 | 一、本次限制性股票回购注销的决策与信息披露 1、本次限制性股票回购注销的决策程序 2021年7月26日召开的公司2021年第二次 ...

关于 国浩律师（上海）事务所 2021 年限制性股票激励计划 回购注销部分限制性股票实施情况 浙江五洲新春集团股份有限公司 之 法律意见书 上海市静安区山西北路 99 号苏河湾中心 MT25-28 楼 邮编:200085 25-28/F, Suhe Centre, 99 North Shanxi Road, Jing'an District, Shanghai, China T. +86 21 52341668 F. +86 21 52341670 E. grandallsh@grandall.com.cn W. www.grandall.com.cn 国浩律师（上海）事务所 关于浙江五洲新春集团股份有限公司 2021 年限制性股票激励计划 回购注销部分限制性股票实施情况的 法律意见书 致：浙江五洲新春集团股份有限公司 部分限制性股票所必备的法律文件，随其他披露材料一起上报主管机构，并依法 对所出具的法律意见承担相应的法律责任； （四） 五洲新春保证，其已经向本所律师提供了为出具本法律意见书所必 需的真实、完整、有效的原始书面材料、副本材料、复印材料或者口头证言； （五） 本所律师要求查验文件原件（文件来源包 ...

证券代码：603667 证券简称：五洲新春 公告编号：2025-056 浙江五洲新春集团股份有限公司 公司及控股子公司年度担保预计的进展公告 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: ●被担保人名称及是否为上市公司关联人：浙江五洲新春集团股份有限公司 (以下简称"公司")、四川虹新制冷科技有限公司(以下简称"虹新制冷")为上 市公司及合并报表范围内控股子公司，不存在其他关联关系。 ●本次担保金额及已实际为其提供担保的余额： 1、公司本次为虹新制冷向银行申请各类融资合计 10,000 万元人民币提供最 高债权限额担保；担保总额为人民币 14,000 万元（不含票据池业务相互连带责 任担保 30,000 万元），公司实际为虹新制冷提供的担保余额 8,307.04 万元人民 币(含本次担保已向银行融资 5,452.00 万元)。 2、公司全资子公司浙江新龙实业有限公司(以下简称"新龙实业")本次为 公司向银行申请各类融资合计 9,700 万元人民币提供限额担保或最高额担保；合 计担保总额为 9,700 万元人民 ...

Group 1 - The core viewpoint of the report is that the demand for ball screws will increase due to the rise in domestic high-end machine tool and equipment production, as well as the development of the electric vehicle sector and humanoid robots [1][2] - Ball screws are a critical linear motion component with high technical barriers, and the domestic production rate is lower compared to other core components [1] - The report recommends specific companies such as Fuda Co., Ltd. (603166.SH) and Beite Technology (603009.SH), while also suggesting to pay attention to Shuanglin Co., Ltd. (300100.SZ), Wuzhou Xinchun (603667.SH), Rongtai Co., Ltd. (605133.SH), and Zhenyu Technology (300953.SZ) [1] Group 2 - The humanoid robot market presents significant demand, with ball screws accounting for approximately 19% of the value of humanoid robots [2] - The potential market for planetary roller screws is expected to exceed 45 billion yuan by 2030, driven by the demand from humanoid robots [2] - European companies dominate the market, with significant room for domestic replacement, as major global manufacturers hold substantial market shares in China [2]

Group 1: Gold and Jewelry - In H1 2025, gold prices surged, leading to a decline in gold jewelry consumption while investment gold consumption increased, continuing the trend from 2024 [13][17] - The report anticipates that in H2 2025, gold prices may fluctuate at high levels due to geopolitical conflicts and economic downturns, with central banks continuing to purchase gold [23] - Recommended companies include Laopuhuang, Chow Tai Fook, Chao Hong Ji, and Cai Bai Co., which are expected to benefit from the ongoing trends in gold consumption [23][24][26][30] Group 2: Cosmetics - The cosmetics market showed weak performance in H1 2025, with a cumulative year-on-year growth of 4.1% from January to May, lagging behind overall retail growth [32][35] - Long-term trends in the cosmetics industry remain focused on increasing penetration rates and domestic brand substitution, with a recommendation to focus on brands like Mao Ge Ping and Shangmei Co. for their strong performance and growth potential [35][36][42] - Mao Ge Ping is highlighted for its high-end positioning and significant growth in both online and offline channels, while Shangmei Co. has shown impressive performance during promotional events [36][42] Group 3: Personal Care - The personal care sector, particularly in sanitary napkins and oral care, is expected to maintain stable demand, with domestic brands leading the market [49][51] - The oral care segment is experiencing a shift towards higher-value products driven by consumer demand for efficacy, with domestic brands like Deng Kang Oral Care gaining market share [53][54] - Key companies to watch include Baiya Co. and Deng Kang Oral Care, which are well-positioned to capitalize on these trends [49][53] Group 4: Apparel and Footwear - The apparel retail sector showed moderate growth in H1 2025, with a year-on-year increase of 3.3% in retail sales from January to May [8][14] - Outdoor brands are performing exceptionally well, with high-end outdoor brands like Amer Sports and Anta showing significant revenue growth [8][15] - Recommended companies include Anta Sports for its strong outdoor brand growth and Mercury Home Textiles for its effective marketing strategies [15][16] Group 5: Textile Manufacturing - The textile manufacturing sector is witnessing a shift in export share towards Southeast Asia, with a notable decline in imports from China to the U.S. [8][18] - The report indicates that U.S. apparel imports from Southeast Asia are increasing, while imports from China are decreasing, suggesting a strategic shift in manufacturing locations [18][19] - Companies with diversified production capabilities across regions are recommended for investment consideration [18][19] Group 6: Home Furnishings - The home furnishings market is experiencing growth driven by government policies encouraging upgrades, with furniture retail sales in May 2025 showing a year-on-year increase of 25.6% [8][20] - Key players in the home furnishings sector include Gujia Home and Oppein Home, which are expected to benefit from the ongoing market trends [20][21]

Core Viewpoint - The dexterous hand market is expected to grow significantly, reaching $1.706 billion in 2024 and projected to increase to $1.921 billion in 2025 and $3.036 billion by 2030, driven by the demand for humanoid robots that require more advanced dexterous hands with higher degrees of freedom [2][11]. Market Overview - The dexterous hand market is anticipated to reach 760,100 units in 2024, with projections of 861,800 units in 2025 and 1,412,100 units by 2030, reflecting a compound annual growth rate (CAGR) of 10.38% and 9.59% respectively [28][29]. Driving Solutions - The mainstream driving solutions include underactuated, external/mixed, and electric drives, with a shift from hollow cup motors to brushless gear motors. Underactuated designs sacrifice precision for cost reduction and faster deployment, while electric drives are favored for their modular design and high precision [3][11][45]. - Tesla's third-generation dexterous hand has replaced some hollow cup motors with brushless gear motors, indicating a potential shift in motor solutions [3][11]. Transmission Solutions - Transmission solutions encompass gear/worm gear, linkages, screws, and tendon-driven systems, each with its advantages and disadvantages. The tendon + screw composite transmission can enhance transmission precision while maintaining flexibility, exemplified by Tesla's third-generation dexterous hand [4][5][51]. Perception Solutions - Multi-modal perception is a defined trend, with force/torque sensors evolving towards strain gauge types and flexible sensors focusing on enhancing sensitivity and stability. MEMS pressure sensors, particularly resistive types, are becoming more prevalent in dexterous hand applications [6][66][74]. Industry Trends - Both domestic and international products are increasingly pursuing high degrees of freedom and multi-modal perception, highlighting the industry's development trends. Investment recommendations include companies involved in reducers and screw chains, such as Fuda Co., Zhejiang Rongtai, and Wuzhou Xinchun [8][11]. Future Outlook - The iteration of Tesla's dexterous hand clearly indicates a mainstream shift towards tendon-driven systems, achieving a doubling of degrees of freedom, transmission upgrades, drive switching, and breakthroughs in multi-modal perception [7][11].

Core Points - The announcement details the release of stock pledges by the controlling shareholder and actual controller of the company, Zhang Feng, who released 2,000,000 shares on June 26, 2025 [1][2] - As of the announcement date, the total number of pledged shares by the controlling shareholder and their concerted parties is 27,730,000 shares, accounting for 20.03% of their holdings and 7.57% of the company's total share capital [1][3] Group 1: Share Pledge Release - Zhang Feng released 2,000,000 shares from pledge, which represents 2.87% of his total holdings and 0.55% of the company's total share capital [1] - After the release, Zhang Feng holds 69,621,123 shares, which is 19.00% of the total shares [1] Group 2: Pledged Shares Overview - The total pledged shares by the controlling shareholder and concerted parties amount to 138,451,165 shares, which is 37.79% of the total share capital [3] - The pledged shares include 29,730,000 shares, with 27,730,000 shares currently pledged, indicating a significant portion of the holdings are under pledge [3]

Core Viewpoint - Zhejiang Wuzhou New Spring Group Co., Ltd. is planning to issue A-shares to specific investors in 2025, aiming to raise funds for various projects and enhance shareholder returns [2][8][14]. Group 1: Share Issuance Proposals - The company proposes to issue A-shares to no more than 35 specific investors, including qualified institutional investors and natural persons [9][10]. - The total amount of funds to be raised through this issuance is capped at 1 billion yuan (100,000 million yuan) [12][13]. - The issuance will not exceed 30% of the company's total share capital prior to the issuance, amounting to a maximum of 109,902,150 shares [10][11]. Group 2: Fund Utilization and Project Investment - The raised funds will be allocated to projects such as the development and industrialization of intelligent robots and core components for automotive intelligent driving, with a total investment of 1.3458625 billion yuan [13]. - The company may initially use self-raised funds for project progress before the raised funds are available, with plans to replace them once the funds are secured [13]. Group 3: Shareholder Return and Voting Procedures - A three-year shareholder return plan (2025-2027) has been proposed to enhance transparency and provide stable returns to investors [16][17]. - The company will seek authorization from the shareholders to manage all matters related to the issuance, including timing, quantity, and pricing [19]. - The voting process for the proposals will be conducted during the shareholders' meeting, with specific procedures outlined for participation and voting [6][7].

浙江五洲新春集团股份有限公司 2025 年第三次临时股东大会会议资料 二〇二五年七月 1 | 2025 年第三次临时股东大会会议议程 3 | | | --- | --- | | 2025 年第三次临时股东大会会议注意事项 5 | | | 议案一：关于公司符合向特定对象发行 A 股股票条件的议案 6 | | | 议案二：关于公司 2025 年度向特定对象发行 股股票方案的议案 7 | A | | 议案三：关于公司 2025 年度向特定对象发行 股股票预案的议案 11 | A | | 议案四：关于公司 2025 年度向特定对象发行 股股票募集资金使用的可行性分 | A | | 析报告的议案 12 | | | 议案五：关于公司 2025 年度向特定对象发行 股股票发行方案论证分析报告的 | A | | 议案 13 | | | 议案六：关于公司未来三年股东分红回报规划（2025-2027 年）的议案 14 | | | 议案七：关于公司 年度向特定对象发行 股股票摊薄即期回报、采取填补 2025 A | | | 回报措施和相关主体承诺的议案 15 | | | 议案八：关于公司前次募集资金使用情况专项报告的议案 16 | ...

浙江五洲新春集团股份有限公司关于 公司控股股东暨实际控制人股票解除质押的公告 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： 一、上市公司部分股份解除质押 公司控股股东暨实际控制人张峰先生于 2025 年 6 月 26 日将其原质押给海通 证券股份有限公司的合计 2,000,000 股无限售流通股办理了解除质押，具体情况 如下： | 股东名称 | 张峰 | | --- | --- | | 本次解质股份 | 股 2,000,000 | | 占其所持股份比例 | 2.87% | | 占公司总股本比例 | 0.55% | | 解质时间 | 2025-06-26 | | 持股数量 | 股 69,621,123 | | 持股比例 | 19.00% | | 剩余被质押股份数量 | 0 | | 剩余被质押股份数量占其所持股份比例 | 0 | | 剩余被质押股份数量占公司总股本比例 | 0 | 1 截止本公告日，公司控股股东暨实际控制人张峰先生持有公司股份 69,621,123 股，占公司总股本的 19.00%，张峰先生持有公 ...