宁水集团（603700）公告，预计2025年半年度实现归属于母公司所有者的净利润为4800万元到5400万 元，与上年同期相比，将增加1766.97万元到2366.97万元，同比增加58.26%到78.04%。 ...

Group 1 - The core viewpoint of the news highlights that Ning Shui Group is expanding its smart water solutions to enhance market share and create new growth points, despite facing challenges from the real estate downturn and local fiscal impacts [1] - In 2024, the overseas business revenue of Ning Shui Group is projected to be approximately 281 million yuan, accounting for 18.72% of total revenue, primarily through distribution channels with mechanical meters being the main product, while there are breakthroughs in smart meters in certain regions [1] - The company's U.S. business accounts for about 1.6% of its revenue, with limited impact from tariff policies [1] Group 2 - The industry is experiencing reduced demand due to the real estate downturn and local fiscal issues, but there remains incremental demand in rural water conservancy, urban water supply, and smart water sectors [1] - In the long term, industry development is expected to be driven by policy guidance, technological advancements, and demand upgrades, indicating a broad market space [1] - The company is actively pursuing external collaborations to enhance core competitiveness, focusing on mergers and acquisitions within the upstream and downstream industrial chain [1] Group 3 - Ning Shui Group is placing emphasis on value management and investor rights protection through a stable dividend policy and a focus on core business to enhance competitiveness [1] - The company is also involved in the development and sales of direct drinking water meters and provides water quality monitoring management solutions [1]

Core Viewpoint - Ning Shui Group (603700) has announced a cash dividend of 0.2 yuan per share, with the ex-dividend date set for June 11, 2025, following the approval of the distribution plan at the shareholders' meeting on May 8, 2025 [1][3]. Group 1: Stock Performance - As of June 6, 2025, Ning Shui Group's stock closed at 11.76 yuan, reflecting a 1.73% increase from the previous week's closing price of 11.56 yuan [1]. - The stock reached a weekly high of 11.78 yuan and a low of 11.5 yuan during the same period [1]. - The company's current total market capitalization is 2.372 billion yuan, ranking 185th out of 215 in the general equipment sector and 4693rd out of 5148 in the A-share market [1]. Group 2: Dividend Announcement - The company plans to distribute a total cash dividend of 39,978,736.80 yuan (including tax) based on 199,893,684 shares [1][3]. - The cash dividend per share is approximately 0.1982 yuan, with the ex-dividend reference price calculated as the previous closing price minus this amount [3]. - The distribution will be made to all shareholders registered by the close of trading on June 10, 2025, with specific tax treatments for different types of shareholders [3].

Core Viewpoint - The legal opinion letter from Beijing Zhonglun (Shenzhen) Law Firm confirms that Ningbo Water Meter (Group) Co., Ltd.'s differentiated dividend distribution plan complies with relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders [11][12]. Group 1: Differentiated Dividend Distribution - The company plans to implement a differentiated dividend distribution for the fiscal year 2024, proposing a cash dividend of 0.2 RMB per share (including tax) based on a total share capital of 201,699,184 shares after accounting for repurchased shares [7][8]. - The total cash dividend to be distributed amounts to approximately 39,978,736.80 RMB, which represents 76.27% of the company's net profit attributable to shareholders for 2024, amounting to 52,417,452.39 RMB [8][12]. Group 2: Share Repurchase and Capital Reduction - The company has executed a share repurchase plan, having repurchased 3,902,780 shares, which is 1.9203% of the total share capital, with a total expenditure between 30 million and 50 million RMB [4][6]. - A portion of the repurchased shares, specifically 1,542,816 shares, has been designated for cancellation and capital reduction, thereby reducing the registered capital of the company [6][8]. Group 3: Legal Compliance and Impact Assessment - The legal opinion asserts that the differentiated dividend distribution adheres to the Company Law, Securities Law, and relevant self-regulatory guidelines, confirming that it does not infringe upon the rights of shareholders [10][12]. - The impact of the differentiated dividend distribution on the ex-dividend reference price is minimal, calculated to be less than 1%, indicating a negligible effect on the market [10][11].

Core Points - The company announced a cash dividend of 0.2 CNY per share for its A shares [1][5] - The dividend distribution plan was approved at the annual shareholders' meeting on May 8, 2025 [1][2] - The record date for the dividend is June 10, 2025, with the ex-dividend date and payment date both set for June 11, 2025 [1][3] Dividend Distribution Details - The total number of shares after the cancellation of repurchased shares is 201,699,184, with 199,893,684 shares eligible for the dividend distribution [2][3] - The total cash dividend to be distributed amounts to 39,978,736.80 CNY (including tax) [2][3] - The company will not issue bonus shares or increase capital from reserves, focusing solely on cash dividends [2][3] Tax Implications - For individual shareholders holding shares for over one year, the dividend income is exempt from personal income tax, resulting in a net cash dividend of 0.2 CNY per share [5][6] - For shares held for less than one year, the tax will be calculated upon the sale of the shares, with a potential tax burden of 20% for shares held for one month or less [5][6] - Qualified Foreign Institutional Investors (QFII) will have a 10% withholding tax applied, resulting in a net cash dividend of 0.18 CNY per share [6]

北京市中伦（深圳）律师事务所 关于宁波水表（集团）股份有限公司 北京市中伦（深圳）律师事务所 关于宁波水表（集团）股份有限公司 差异化分红事项的 法律意见书 $$\mathbf{\partial}\mathbf{\partial}\mathbf{\partial}\mathbf{\partial}\mathbf{\partial}=\mathbf{\partial}\mathbf{\partial}\mathbf{\partial}\mathbf{\partial}$$ 差异化分红事项的 法律意见书 致：宁波水表（集团）股份有限公司 北京市中伦（深圳）律师事务所（以下简称"本所"）受宁波水表（集团） 股份有限公司（以下简称"公司"或"宁水集团"）的委托，依据《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》"）、《上海证券交易所上市公司自律监管指引第 7 号——回购股份》 （以下简称"《自律监管指引第 7 号》"）及《上海证券交易所股票上市规则》 （以下简称"《上市规则》"）等法律、法规、规章和其他规范性文件以及《宁 波水表（集团）股份有限公司章程》（以下简 ...

证券代码：603700 证券简称：宁水集团 公告编号：2025-035 宁波水表（集团）股份有限公司 2024年年度权益分派实施公告 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： 每股分配比例 A 股每股现金红利0.2元 3. 差异化分红送转方案： （1）差异化分红方案 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/6/10 | － | 2025/6/11 | 2025/6/11 | 差异化分红送转： 是 公司于 2025 年 4 月 10 日披露《2024 年度利润分配预案的公告》（公告编号： 一、 通过分配方案的股东大会届次和日期 二、 分配方案 本次利润分配方案经公司2025 年 5 月 8 日的2024年年度股东大会审议通过。 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股 ...

Core Insights - The 2025 7th China (Shanghai) International Metrology Testing Technology and Equipment Expo was held from May 27 to 29, focusing on "Perception Measurement" [1] - Ning Water Group showcased its smart water management sensing terminals and aims to promote the overall development of China's water meter industry [4][5] Company Strategy - Ning Water Group has been in the water metering business for over 60 years and is committed to a leader strategy with short, medium, and long-term goals [4] - The short-term goal focuses on transitioning from traditional mechanical manufacturing to smart manufacturing, achieving rapid increases in smart water meter penetration and market share [4][5] - The medium-term strategy involves integrating smart water meters with big data service systems to provide comprehensive smart water solutions [5] Technological Advancements - The company is implementing advanced technologies for precise leak detection and management, significantly reducing manual inspection workloads [6] - Data from devices like noise correlation instruments can be stored and analyzed, supporting pipeline optimization and real-time leak information sharing [6] Industry Standardization - The water meter standardization is currently lagging behind that of electric meters, presenting both challenges and opportunities for the industry [8] - Ning Water Group is actively participating in the development of water meter technology standards and has established a comprehensive R&D system [8] - The company has drafted over 80 national and industry standards and holds more than 500 intellectual property rights [8] Market Expansion - Ning Water Group is expanding its international market presence, which enhances market recognition and supports domestic standardization efforts [8] - The company’s sales network covers nearly 70% of water supply companies in China and exports to over 80 countries and regions [8] Future Outlook - The water meter industry has significant growth potential driven by urban-rural integration, water-saving initiatives, and the demand for refined management solutions [11] - Despite current challenges, there is a growing market demand for high-quality, intelligent water meters and system solutions [11] - As an industry leader, Ning Water Group will continue to explore the "smart terminal + overall solution" model to enhance competitiveness in the global market [11]

北京市中伦（深圳）律师事务所 关于宁波水表（集团）股份有限公司 2024 年年度股东大会的 法律意见书 二〇二五年五月 | 四、结论意见 5 | | --- | 北京市中伦（深圳）律师事务所 关于宁波水表（集团）股份有限公司 2024 年年度股东大会的 法律意见书 致：宁波水表（集团）股份有限公司 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》以及中国证券监督管理委员会（以下简称"中国证监会"）发布 的《上市公司股东会规则》的规定，北京市中伦（深圳）律师事务所（以下简称 "本所"）接受宁波水表（集团）股份有限公司（以下简称"公司"）的委托， 指派本所律师列席公司 2024 年年度股东大会（以下简称"本次股东大会"）， 本所指派的律师通过现场和实时视频方式对本次股东大会的相关事项进行见证 并出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的包括但不限于如下相关文 件： 1. 公司现行有效的公司章程； 2. 公司于 2025 年 4 月 10 日刊登于巨潮资讯网（www.cninfo.com.cn）的第 九届董事会第二次会议决议公告； 3. 公司于 2025 年 ...

证券代码：603700 证券简称：宁水集团 公告编号：2025-034 宁波水表（集团）股份有限公司 2024年年度股东大会决议公告 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。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 193 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 51,996,778 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | 26.0122 | | 份总数的比例（%） | | (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次会议由董事会召集，董事长张琳女士主持。采用现场投票和网络投票相 结合的表决方式，召开及表决符合《公司法》《公司章程》等相关法律、规定。 (五)公司董事、监事和董事会秘书的出席情况 1、公司在任董事9人，出席9人； 2、公司在任监事3人，出席3人； 3、董事会秘书马溯嵘先生出席会议，高级管理人员乌昕、王哲斌列席本次会议。 二、 议案审议 ...