Core Viewpoint - Dayuan Pump Industry (603757.SH) reported its semi-annual results for 2025, highlighting an increase in institutional investor holdings and changes in public fund and social security fund investments [1] Institutional Investors - As of August 25, 2025, six institutional investors disclosed holdings in Dayuan Pump Industry, totaling 8.5542 million shares, which represents 5.19% of the company's total share capital [1] - The institutional investor holdings increased by 0.19 percentage points compared to the previous quarter [1] Public Funds - Two new public funds disclosed holdings in Dayuan Pump Industry during this period, including the "People's Insurance Stable Configuration Three-Month Holding (FOF)" and "People's Insurance Tai Rui Active Configuration Three-Month Holding Mixed Initiation (FOF) A" [1] - One public fund, "Huaxia Hope Bond A," was not disclosed in this period compared to the previous quarter [1] Social Security Funds - One new social security fund disclosed holdings in Dayuan Pump Industry, specifically the "Guotai Fund Management Co., Ltd. - Social Security Fund 421 Combination" [1] Insurance Capital - One insurance capital entity, "Sunshine Asset - Industrial and Commercial Bank - Active Quantitative No. 1 Asset Management Product," reduced its holdings compared to the previous quarter, with a slight decrease in shareholding proportion [2]

Group 1 - The National Development and Reform Commission held a meeting to gather opinions on expanding domestic demand and stabilizing employment during the 14th Five-Year Plan period [2] - Companies expressed the need for improved policies in areas such as domestic demand expansion, market competition, intellectual property protection, and green development [2] - Enterprises are focusing on innovation and resisting disorderly competition to contribute to economic growth [2] Group 2 - Multiple high-performing stocks reported significant growth in their mid-year earnings, with Gaode Infrared's net profit increasing by over 900% year-on-year [3] - Companies like Changcheng Military Industry and Taotao Automotive also reported substantial revenue increases, indicating a strong performance in the market [3] Group 3 - NVIDIA launched the Jetson Thor AI computing platform, which boasts a 7.5 times increase in AI computing power compared to its predecessor [4] - The developer kit is priced at $3,499, while bulk orders for the production module are priced at $2,999 each [4] Group 4 - Elon Musk's xAI filed a lawsuit against OpenAI and Apple, accusing them of colluding to hinder competition in the AI sector [5] - Musk claims that Apple is violating antitrust laws by favoring OpenAI in its app store rankings, making it difficult for other AI companies to compete [5] Group 5 - The U.S. government announced plans to impose a 50% tariff on Indian products, signaling a significant increase from the previous 25% [6] - This move is part of a broader strategy to raise tariffs on goods purchased from India, particularly those related to Russian oil [6] Group 6 - China's ETF market is nearing a milestone of 5 trillion yuan, with the total market size reaching 4.97 trillion yuan [7] - The number of ETFs exceeding 100 billion yuan has also increased, with major fund companies leading the market [7] Group 7 - The Chinese government issued guidelines to strengthen the national carbon market, supporting financial institutions in conducting carbon pledge financing [8] - The goal is to establish a comprehensive carbon trading market by 2030, covering major industrial sectors and ensuring a transparent pricing mechanism [8][10] Group 8 - Domestic oil prices are expected to decrease for the seventh time this year, potentially saving consumers 7.5 yuan per full tank [9] - Analysts attribute this anticipated drop to a lack of positive signals in the international oil market [9] Group 9 - The competition for the title of "stock king" in A-shares is intensifying between Cambricon and Kweichow Moutai, with Cambricon's stock price surging [12] - This shift reflects a broader market trend towards valuing AI and technology-driven growth over traditional consumer brands [12] Group 10 - Huawei is set to launch a new AI SSD aimed at enhancing data processing capabilities for AI model training [13] - This product is designed to address limitations in traditional high-bandwidth memory, offering larger capacity and improved data throughput [13] Group 11 - Several Chinese traditional medicine companies are increasing their investment in innovative drug research and development [16] - Airlines and airports are expected to see continued improvement in their performance in the second half of the year [16] Group 12 - The lithium mining industry is expected to see an improvement in supply-demand dynamics due to a reduction in excessive competition [17] - ASIC chip leaders are adjusting their pricing strategies, indicating a shift in market conditions [17] Group 13 - The A-share market is experiencing a strong upward trend, with the Shanghai Composite Index approaching 3900 points [17] - The market's performance is supported by improved domestic fundamentals and liquidity, alongside positive earnings reports from listed companies [20][21]

Meeting Information - The 7th meeting of the 4th Supervisory Board of Zhejiang Dayuan Pump Industry Co., Ltd. was held on August 25, 2025, at the company's headquarters [1] - All three supervisors attended the meeting, which was chaired by the chairman of the Supervisory Board, Li Haijun [1] - The meeting was conducted in accordance with the Company Law, the Shanghai Stock Exchange listing rules, and the company's articles of association [1] Supervisory Board Review - The Supervisory Board conducted a thorough review of the 2025 semi-annual report and its summary, confirming compliance with legal and regulatory requirements [1] - The content and format of the semi-annual report were found to meet the requirements of the China Securities Regulatory Commission and the Shanghai Stock Exchange, accurately reflecting the company's operational and financial status for the first half of 2025 [1] - All personnel involved in the preparation and review of the semi-annual report adhered to confidentiality regulations, ensuring no harm to the company or investors [1] Resolutions Passed - The Supervisory Board unanimously approved the special report on the actual use of raised funds for the first half of 2025, confirming its accuracy and compliance with relevant laws [2] - The profit distribution plan for the first half of 2025 was also approved, taking into account shareholder return needs, cash flow, and operational development, with no harm to the company or shareholders [2]

Meeting Information - The first extraordinary general meeting of shareholders for 2025 is scheduled for September 11, 2025, at 14:00 [1] - The meeting will be held at the company's office located at 689 Xicheng Road, Zeguo Town, Wenling City, Taizhou, Zhejiang Province [1] - Voting will be conducted through a combination of on-site and online methods using the Shanghai Stock Exchange's voting system [1][2] Voting Procedures - Shareholders can vote via the Shanghai Stock Exchange's online voting system from 9:15 to 15:00 on the day of the meeting [1][3] - Shareholders holding multiple accounts can aggregate their voting rights across all accounts [4] - The first voting result will be considered valid if the same voting right is exercised multiple times [4] Attendance and Registration - Only shareholders registered by the close of trading on September 5, 2025, are eligible to attend the meeting [5] - Shareholders can appoint a proxy to attend and vote on their behalf, and the proxy does not need to be a shareholder [5] - Registration for attendance can be done in person or via mail, fax, or email for remote shareholders [5][6] Additional Information - The company will utilize a reminder service to notify shareholders about the meeting and voting procedures [6] - Contact information for the company's securities department is provided for any inquiries [6]

Core Viewpoint - Zhejiang Dayuan Pump Industry Co., Ltd. has provided a special report on the management and usage of raised funds for the first half of 2025, detailing the total amount raised, its allocation, and the management practices in place to ensure compliance and efficiency [1][2]. Fundraising Overview - The company raised a total of RMB 450 million through the issuance of convertible bonds, with a net amount of RMB 444.39 million after deducting issuance costs of RMB 5.61 million [1]. - The funds were fully received on December 9, 2022, and have been verified by an accounting firm [1]. Fund Usage and Balance - As of June 30, 2025, the company has spent RMB 21.42 million on fundraising projects and has invested RMB 70 million in financial products, with a total interest income of RMB 42,430.19 [2]. - The balance in the special account for raised funds was RMB 13.12 million, with an additional RMB 20 million in cash management products [3][4]. Fund Management Practices - The company has established a management system for raised funds in compliance with relevant laws and regulations, ensuring proper storage, usage, and oversight of the funds [2][3]. - A tripartite supervision agreement was signed with the bank and the sponsor to clarify the rights and obligations of all parties involved [3]. Investment Project Status - The company has utilized RMB 21.42 million for its investment projects during the reporting period, with no changes in the investment projects reported [4][8]. - The company has approved the use of raised funds to replace pre-invested self-raised funds amounting to RMB 154.80 million for investment projects and issuance costs [4][8]. Cash Management and Idle Funds - The company has not used idle funds to temporarily supplement working capital and has engaged in cash management for idle funds, with a balance of RMB 20 million allocated for this purpose [4][8]. - There are no instances of using excess raised funds for working capital or repaying bank loans, as no excess funds were raised [5][8]. Adjustments and Delays - The company has made adjustments to the internal investment structure of certain projects without changing the total investment amount or the project implementation details, ensuring that the adjustments do not adversely affect the projects [7]. - The timeline for the "Annual Production of 3 Million High-Efficiency Energy-Saving Pumps Expansion Project" has been postponed to June 30, 2026, due to changes in operational conditions and external environments [7].

证券代码：603757 证券简称：大元泵业 公告编号：2025-043 债券代码：113664 债券简称：大元转债 浙江大元泵业股份有限公司 关于召开 2025 年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 23 日 （星期二） 16:00-17:00 ?投资者可于 2025 年 09 月 16 日（星期二）至 09 月 22 日（星期一）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 zhengqu an@dayuan.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。 浙江大元泵业股份有限公司（以下简称"公司"）已于 2025 年 8 月 26 日发 布公司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半 年度经营成果、财务状况，公司计划于 2025 年 09 月 23 日（星期二）16:00-17:00 举行 2025 年半年度业绩说明会，就投资者关心的问题进行交流 ...

Group 1 - The company reported a revenue of 964,603,955.75 yuan for the first half of 2025, representing a year-on-year increase of 14.55% [2] - The net profit attributable to shareholders of the listed company was 100,849,567.20 yuan, showing a year-on-year decrease of 27.99% [2]

（文章来源：证券日报） 证券日报网讯 8月25日晚间，大元泵业发布公告称，公司第四届董事会第九次会议审议通过了《浙江大 元泵业股份有限公司2025年半年度报告及报告摘要》等多项议案。 ...

（文章来源：证券日报） 证券日报网讯 8月25日晚间，大元泵业发布公告称，公司将于2025年9月11日召开2025年第一次临时股 东大会。本次股东大会将审议《2025年半年度利润分配预案》。 ...

证券日报网讯 8月25日晚间，大元泵业发布公告称，公司第四届监事会第七次会议审议通过了《浙江大 元泵业股份有限公司2025年半年度报告及报告摘要》等多项议案。 （文章来源：证券日报） ...