证券代码：603667 证券简称：五洲新春 公告编号：2025-066 一、 取消监事会并修订《公司章程》的说明 根据《中华人民共和国公司法》(2023 年修订)和《上市公司章程指引》(2025 年修订)、《上海证券交易所股票上市规则》(2025 年 4 月修订)等相关法律法规， 充分考虑公司实际情况，公司拟取消监事会，监事会的职权由董事会审计委员会 行使，《浙江五洲新春集团股份有限公司监事会议事规则》等监事会相关制度相 应废止。公司现任监事将自公司股东大会审议通过取消监事会及修订《公司章程》 事项之日起解除职位。董事会成员总数保持 7 名，原全部由股东大会选举产生， 现调整为 6 名董事由公司股东会选举产生，1 名职工董事由公司职工代表大会选 举产生。同时修订《浙江五洲新春集团股份有限公司章程》。 二、修订《公司章程》中部分条款 根据相关法律、法规、规范性文件的规定，结合公司的实际情况，拟对《公 司章程》中的部分条款进行相应修订。具体修订内容如下： | 修订前 | 修订后 | | --- | --- | | 第一条 为维护公司、股东和债权人的合法 | 第一条 为维护公司、股东、职工和债权人 | | 权益，规 ...

证券代码：603667 证券简称：五洲新春 公告编号：2025-068 浙江五洲新春集团股份有限公司 关于全资子公司引入投资者暨关联交易的公告 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。 一、关联交易概述 浙江新春宇航轴承有限公司（以下简称"新春宇航"、"甲方"）系浙江五洲 新春集团股份有限公司（以下简称"公司"）的全资子公司。为满足新春宇航业 务发展需要，进一步增强新春宇航的资本实力，扩大其在航空航天及相关领域 业务规模，进一步优化管理结构及整合资源，新春宇航拟通过增资扩股及股份 转让方式引入新投资者天津云汇万川企业管理咨询合伙企业（有限合伙）（以下 简称"天津云汇万川"）、新昌县盛航企业管理合伙企业（有限合伙）（以下简称 "新昌盛航"）、杭州起航新材料科技合伙企业（有限合伙）（以下简称"杭州起 航新材料"）。 本次股权变更完成后，新春宇航注册资本将由 2,450 万元增加至 3,266.67 万元，公司持有新春宇航的比例由 100%下降至 57%，新春宇航仍为公司的控 股子公司。 因新昌盛航的执行事务合伙人为公司监事会 ...

证券代码：603667 证券简称：五洲新春 公告编号：2025-071 浙江五洲新春集团股份有限公司 关于召开 2025 半年度业绩说明会的公告 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： 会议召开时间：2025 年 09 月 11 日 （星期四） 13:00-14:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 09 月 04 日（星期四）至 09 月 10 日（星期三）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 xcczqb@xcc-zxz.com 进行提问。公司将在说明会上对投资者普遍关注的问题进 行回答。 本次投资者说明会以网络互动形式召开，公司将针对 2025 年半年度的经营 成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范 围内就投资者普遍关注的问题进行回答。 二、 ...

证券代码：603667 证券简称：五洲新春 公告编号：2025-065 浙江五洲新春集团股份有限公司 关于会计估计变更的公告 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）本次会计估计变更的原因及日期 为更加客观反映个别报表的财务状况，简化公司与各子公司之间的核算流 程，公司拟变更往来款项计提坏账准备的会计估计，对合并范围内关联方之间 形成的往来款项划分为合并报表范围内关联方组合，单独进行减值测试，如无 客观证据表明其发生了减值的，不计提坏账准备；测试后有客观证据表明可能 发生了减值，按预计未来现金流量现值低于其账面价值的差额计提坏账准备， 计入当期损益。本次会计估计变更自2025年9月1日起开始执行。 二、本次会计估计变更的主要内容 公司内部成员企业间（仅限于纳入合并报表范围内的成员企业，含母子公 司及子公司之间）因购销商品、提供服务等形成的应收账款、预付款项、应收 票据及成员企业间因资金拆借、代垫费用等形成的其他应收款等款项，在满足 关联交易真实、资金保障可回收、债权债务可抵销的条件下无客观证据表明 ...

证券代码：603667 证券简称：五洲新春 公告编号：2025-070 浙江五洲新春集团股份有限公司 关于召开2025年第四次临时股东大会的通知 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、 召开会议的基本情况 (一)股东大会类型和届次 2025年第四次临时股东大会 (四)现场会议召开的日期、时间和地点 召开的日期时间：2025 年 9 月 16 日 14 点 00 分 召开地点：浙江省绍兴市新昌县泰坦大道 199 号公司会议室 股东大会召开日期：2025年9月16日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 (二)股东大会召集人：董事会 (三)投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结合的 方式 (五)网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 9 月 16 日 至2025 年 9 月 16 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东大会召开当日 ...

证券代码：603667 证券简称：五洲新春 公告编号：2025-063 浙江五洲新春集团股份有限公司 第五届监事会第五次会议决议公告 本公司监事会及全体监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、监事会会议召开情况 浙江五洲新春集团股份有限公司（以下简称"公司"）于 2025 年 8 月 17 日以书面或电子邮件等方式向全体监事发出第五届监事会第五次会议通知，会议 于 2025 年 8 月 27 日在公司会议室以现场结合通讯方式召开。本次会议应出席监 事 3 人，实际出席监事 3 人，会议由监事会主席王明舟主持。本次会议的召开符 合有关法律、行政法规、部门规章、规范性文件和公司章程的规定。 二、监事会会议审议情况 与会监事以现场结合通讯方式表决审议通过了如下议案： 1、审议通过《2025 年半年度报告正文及摘要》 具体内容详见同日披露的《五洲新春 2025 年半年度募集资金存放与使用情 况的专项报告》。 表决结果：同意 3 票，反对 0 票，弃权 0 票。 3、审议通过《关于会计估计变更的议案》 具体内容详见同日披露的《五洲新春关于会计 ...

一、董事会会议召开情况 证券代码：603667 证券简称：五洲新春 公告编号：2025-062 浙江五洲新春集团股份有限公司 第五届董事会第五次会议决议公告 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。 浙江五洲新春集团股份有限公司（以下简称"公司"）于 2025 年 8 月 17 日 以书面通信、电子邮件等方式向全体董事发出第五届董事会第五次会议通知，会 议于 2025 年 8 月 27 日在公司会议室以现场结合通讯方式召开。本次会议应出席 董事 7 人，实际出席董事 7 人。会议由张峰董事长主持，公司部分高级管理人员 列席了会议。本次会议的召开符合有关法律、行政法规、部门规章、规范性文件 和公司章程的规定。 二、董事会会议审议情况 与会董事以现场和通讯表决方式审议通过了如下议案： 1、审议通过《2025 年半年度报告正文及摘要》 具体内容详见同日披露的《五洲新春 2025 年半年度报告》、《五洲新春 2025 年半年度报告摘要》。 本议案已经审计委员会审议通过，并提交董事会审议。 表决结果：同意 7 票，反对 0 票，弃 ...

证券代码：603667 证券简称：五洲新春 公告编号：2025-069 浙江五洲新春集团股份有限公司 关于提请股东大会授权董事会制定 中期分红方案的公告 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。 浙江五洲新春集团股份有限公司（以下简称"公司"或"五洲新春"）根 据《公司法》《上市公司监管指引第3号——上市公司现金分红》等相关法律、 法规规定，为维护公司价值及股东权益、提高投资者获得感，公司董事会提请 股东大会授权董事会在满足现金分红条件、不影响公司正常经营和持续发展的 情况下，结合未分配利润与当期业绩等因素综合考虑，制定和实施中期分红方 案。具体授权情况如下: 一、中期分红的安排 1、公司在当期盈利、累计未分配利润为正； 2、公司现金流可以满足正常经营和资本性开支等资金需求； 3、其他法律、法规、规范性文件规定的前提条件。 (二)中期分红的金额上限 根据实际情况适当实施中期分红,中期分红上限不超过相应期间归属于上市 公司股东的净利润。具体的现金分红比例由董事会根据前述规定、结合公司经 营状况及相关规定拟定。 （三）授权内 ...

Financial Performance - The company's operating revenue for the first half of 2025 reached CNY 1,894,337,820.42, representing an increase of 8.12% compared to CNY 1,752,015,592.55 in the same period last year[21]. - The total profit for the reporting period was CNY 94,621,090.00, up by 7.86% from CNY 87,723,515.87 year-on-year[21]. - The net profit attributable to shareholders of the listed company was CNY 75,289,967.64, a slight increase of 0.31% compared to CNY 75,055,360.18 in the previous year[21]. - Basic earnings per share for the first half of 2025 were CNY 0.21, up 5.00% from CNY 0.20 in the same period last year[22]. - The net profit after deducting non-recurring gains and losses was CNY 68,814,005.09, down by 4.07% from CNY 71,734,793.71 year-on-year[21]. - The company reported a non-recurring loss of ¥33,796.52 thousand from the disposal of non-current assets[23]. - The total non-recurring profit after tax and minority interest was ¥6,475,962.55 thousand[24]. - The company achieved operating revenue of 1,894.34 million yuan, an increase of 8.12% compared to the same period last year[44]. - Net profit attributable to shareholders of the listed company was 75.29 million yuan, up 0.31% year-on-year[44]. - The company reported a significant increase in management expenses, which rose to CNY 41,050,508.37 from CNY 25,763,281.68 in the previous year[122]. Cash Flow and Assets - The net cash flow from operating activities decreased by 25.03% to CNY 58,051,885.24 from CNY 77,432,085.74 in the same period last year[21]. - The company's cash and cash equivalents were CNY 604,984,808.80 as of June 30, 2025, slightly down from CNY 612,595,942.63 at the end of 2024[109]. - The company's total assets at the end of the reporting period were CNY 5,441,727,545.61, reflecting a growth of 4.39% from CNY 5,212,790,987.95 at the end of the previous year[21]. - The company's total liabilities as of June 30, 2025, were CNY 2,440,112,613.16, compared to CNY 2,251,064,947.14 at the end of 2024, representing an increase of about 8.4%[111]. - Current assets totaled CNY 2,818,459,299.03 as of June 30, 2025, up from CNY 2,692,839,307.59 at the end of 2024, indicating a growth of approximately 4.7%[109]. - The company's total equity reached CNY 3,001,614,932.45 as of June 30, 2025, compared to CNY 2,961,726,040.81 at the end of 2024, showing an increase of approximately 1.3%[111]. Market and Industry Developments - The company has been focusing on high-end bearing products, achieving breakthroughs in aerospace and robotics sectors[30]. - In the automotive parts sector, the company has developed key components for electric vehicles, including airbag gas generators and electronic differential locks[31][38]. - The bearing industry is projected to grow, with an industrial output value of ¥53.802 billion in the first half of 2025, reflecting a year-on-year increase of 11.04%[39]. - The automotive industry in China is expected to see production and sales growth of 12.5% and 11.4%, respectively, in the first half of 2025, with significant growth in the electric vehicle segment[39]. - The company is actively expanding its market presence in high-performance bearings, particularly in the aerospace and new energy vehicle sectors[39]. Research and Development - The company is a national high-tech enterprise with a strong focus on R&D, having established several research centers and participated in the formulation of over 30 national and industry standards[47]. - The company has developed high-end precision screw products and wind power rollers, achieving significant technological breakthroughs and obtaining seven patents[50]. - Research and development expenses decreased by 3.03% to ¥53,798,090.93 from ¥55,480,665.94 year-on-year[53]. Regulatory and Compliance Issues - The company received a criticism notice from the Shanghai Stock Exchange on February 6, 2025, for providing inaccurate and incomplete information during investor interactions, which may mislead investor decisions[79]. - On February 7, 2025, the company received a warning letter from the Zhejiang Securities Regulatory Bureau for similar issues regarding information disclosure, and a written rectification report was submitted on February 17, 2025[80]. - The company has committed to avoiding or reducing related party transactions and ensuring the independence of the listed company since March 17, 2018[75]. - The company has made commitments to avoid competition in the same industry, which have been effective since September 2, 2013[75]. Shareholder and Equity Information - The total number of ordinary shareholders as of the end of the reporting period was 72,024[101]. - The largest shareholder, Zhang Feng, held 19.00% of the shares, totaling 69,621,123 shares[103]. - The company reported no changes in the total number of shares and capital structure during the reporting period[100]. - The company has not disclosed any new employee stock ownership plans or other incentive measures during the reporting period[72]. Financial Management and Investments - The cumulative investment of raised funds as of the end of the reporting period is 43,019.69 million, representing 80.98% of the total raised funds[91]. - The company raised a total of 54,000.00 million, with a net amount of 53,122.35 million after expenses[91]. - The project for the production of precision bearing rollers has a planned investment of 6,511.1 million, with a cumulative investment of 695.0 million as of the reporting period[94]. - The company has not changed the use of raised funds, with no excess funds utilized[91]. Accounting and Financial Reporting - The financial statements comply with the enterprise accounting standards, accurately reflecting the company's financial position and operating results[152]. - The company adopts the Chinese Yuan (RMB) as its functional currency for domestic operations, while foreign subsidiaries use their local currencies[155]. - The company follows the principle of materiality in preparing and disclosing financial statements, with a materiality threshold of 0.50% of total assets for various items[156]. - The company assesses control over subsidiaries based on the ability to influence returns through power over relevant activities[159].

Group 1 - The market is optimistic about the future development of humanoid robots, with several manufacturers expecting significant growth by 2026 [1] - The humanoid robot industry is anticipated to enter a phase of tens of thousands of units, with a notable order of 10,000 units marking the largest single order in the industry's history [1] - The market scale is expected to expand at a tenfold rate as manufacturers' sales targets shift from thousands to tens of thousands of units [1] Group 2 - The rapid growth of the market may lead to increased differentiation among manufacturers, as the rise in robot sales is driven by the development of new application scenarios rather than traditional ones [2] - New application scenarios for humanoid robots include industrial manufacturing, logistics sorting, security inspection, textile and clothing, and healthcare, which will attract more manufacturers into the market [2] - The influx of new suppliers into the industry chain may dilute the market share of existing manufacturers while enhancing the share of leading companies in certain segments [2] Group 3 - High barriers to expansion exist in areas with significant manufacturing challenges, such as the production of planetary roller screws, which require advanced materials and equipment [3] - Key processes like thread grinding, surface hardening, and precision assembly have high external dependencies, contributing to the barriers in these segments [3] Group 4 - As sales of humanoid robots increase, their prices are expected to decline, with potential costs dropping to $20,000 as indicated by industry leaders [4] - Companies with strong manufacturing and management capabilities are likely to capture a larger market share as the price-performance ratio of humanoid robots improves [4] - The automotive, construction machinery, and consumer electronics sectors have already demonstrated that companies with excellent manufacturing and management skills can achieve higher market shares [4]