Group 1 - The core viewpoint of the article is that Madi Technology (SH 603990) held its 35th board meeting on September 25, 2025, via remote voting, where it reviewed the proposal to convene the second extraordinary general meeting of shareholders in 2025 [1] - For the year 2024, Madi Technology's revenue composition is as follows: software and information technology services account for 49.97%, the photovoltaic industry for 36.18%, medical services for 13.27%, and other businesses for 0.58% [1] - As of the report date, Madi Technology has a market capitalization of 4.5 billion yuan [1]

一、董事会会议召开情况 苏州麦迪斯顿医疗科技股份有限公司（以下简称"公司"）第四届董事会第 三十五次会议于 2025 年 9 月 25 日以通讯表决的方式召开。本次董事会会议通知 于 2025 年 9 月 23 日以邮件形式发出,经全体董事同意，豁免本次董事会提前书 面通知的要求。会议由董事长陈宁先生召集并主持，会议应出席董事 5 名，实际 出席董事 5 名，公司监事会成员及高级管理人员列席了本次会议。会议召集及召 开方式符合《中华人民共和国公司法》和《苏州麦迪斯顿医疗科技股份有限公司 章程》等有关规定，所形成的决议合法有效。 二、董事会会议审议情况 （一）审议并通过了《关于<苏州麦迪斯顿医疗科技股份有限公司第四期员工 持股计划（草案）>及其摘要的议案》； 具体内容详见公司同日披露的《苏州麦迪斯顿医疗科技股份有限公司第四期 员工持股计划（草案）》及其摘要。 苏州麦迪斯顿医疗科技股份有限公司 第四届董事会第三十五次会议决议公告 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。 证券代码：603990 证券简称：麦迪科技 公告编号： ...

Company Overview - Madi Technology's stock price increased by 2.18% on September 25, reaching 14.97 CNY per share, with a trading volume of 1.08 billion CNY and a turnover rate of 2.38%, resulting in a total market capitalization of 45.85 billion CNY [1] - The company has seen a year-to-date stock price increase of 45.62%, with a 1.15% rise over the last five trading days, a 0.34% increase over the last 20 days, and a 6.96% decline over the last 60 days [1] - Madi Technology has appeared on the "Dragon and Tiger List" eight times this year, with the most recent appearance on March 10, where it recorded a net purchase of 31.59 million CNY [1] Financial Performance - For the first half of 2025, Madi Technology reported a revenue of 135 million CNY, a year-on-year decrease of 47.24%, while the net profit attributable to shareholders was 28.33 million CNY, reflecting a year-on-year increase of 137.11% [2] - The company has distributed a total of 71.36 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [3] Shareholder Information - As of June 30, 2025, Madi Technology had 36,300 shareholders, a decrease of 24.87% from the previous period, with an average of 8,429 circulating shares per shareholder, an increase of 33.09% [2] - Among the top ten circulating shareholders, Penghua Carbon Neutral Theme Mixed A (016530) is the eighth largest shareholder, holding 2.19 million shares as a new investor [3] Industry Classification - Madi Technology is classified under the computer software development industry, specifically in vertical application software, and is associated with concepts such as Internet healthcare, assisted reproduction, smart healthcare, small-cap stocks, and private hospitals [2]

Group 1 - The core viewpoint of the news is that Madi Technology's stock has shown significant fluctuations, with a year-to-date increase of 40.56% but a recent decline over the past few trading days [1] - As of September 24, Madi Technology's stock price was 14.45 CNY per share, with a market capitalization of 4.426 billion CNY [1] - The company has seen a net inflow of main funds amounting to 3.1634 million CNY, with large orders accounting for 19.67% of total buying [1] Group 2 - Madi Technology operates in the software development sector, specifically in vertical application software, and is involved in concepts such as Internet healthcare and smart medical services [2] - For the first half of 2025, Madi Technology reported a revenue of 135 million CNY, a year-on-year decrease of 47.24%, while net profit attributable to shareholders increased by 137.11% to 28.3275 million CNY [2] - The company has not distributed any dividends in the last three years, with a total payout of 71.3567 million CNY since its A-share listing [3] Group 3 - As of June 30, 2025, Madi Technology had 36,300 shareholders, a decrease of 24.87%, while the average number of circulating shares per person increased by 33.09% to 8,429 shares [2] - Among the top ten circulating shareholders, Penghua Carbon Neutral Theme Mixed A is the eighth largest, holding 2.1936 million shares as a new shareholder [3]

Company Overview - Guangxi Xinmaikang Technology Co., Ltd. was recently established with a registered capital of 1 million yuan [2] - The legal representative of the company is Pu Qiuping, and it is located in Nanning, Guangxi Zhuang Autonomous Region [2] - The company is currently in operation and has no fixed business term [2] Business Scope - The business scope includes internet security services, internet data services, big data services, 5G communication technology services, and artificial intelligence public data platforms [1][2] - Additional services include software development and sales, internet equipment manufacturing and sales, industrial internet data services, IoT technology services, and blockchain technology-related software and services [2] Shareholding Structure - The major shareholders include Beijing Boya Zhongrui Enterprise Management Consulting Co., Ltd. with a 35% stake and Zhongke Madi Artificial Intelligence Research Institute (Suzhou) Co., Ltd. with a 20% stake [3] - The company is backed by a subsidiary of Madi Technology (603990), indicating a strong connection to the technology sector [1][3]

Summary of Key Points Core Viewpoint - Multiple shareholders across various companies are planning to reduce their stakes, indicating potential shifts in ownership dynamics and investor sentiment in the market [1] Shareholder Reductions - Yidong Electronics: The actual controller's concerted actors plan to reduce their holdings by no more than 2.96% [1] - Tiandi Digital: Shareholder Shenghua Group and its concerted actor Qian Xiaomei intend to reduce their holdings by no more than 2.9577% [1] - Tonghe Technology: Shareholders Yang Xiongwen, Li Mingqian, and Ren Xianwei plan to collectively reduce their holdings by no more than 3% [1] - Tiancheng Technology: Shareholder Ruixing Phase II intends to reduce its holdings by no more than 1.6803% [1] - Fuchuang Precision: Shareholder Guotou Chuangye Fund plans to reduce its holdings by no more than 3% [1] - Artis: Shareholder Yuanhe Zhongyuan intends to reduce its holdings by no more than 2.04% [1] - Zhongyou Technology: Shareholder Guohua Satellite plans to reduce its holdings by no more than 3% [1] - Deyue Co., Ltd.: Shareholder Hengli Chuangtou plans to reduce its holdings by no more than 1.58 million shares [1] - Chengbang Co., Ltd.: Shareholder Qiqi Investment intends to reduce its holdings by no more than 0.50% [1] - Maidi Technology: Shareholder Weng Kang plans to reduce a total of no more than 521.44 million shares [1] - Fulai New Materials: Jinqi Management Company has completed a reduction of 1.33% of its holdings [1] - Daqian Ecology: Xinhua Issuance Group has reduced 1.00% of its company shares [1] - Changnian Group: Plans to reduce no more than 1.15% of its repurchased shares [1] Other Notable Information - Shaghai Construction: The revenue from gold business accounts for a low proportion of the company's total revenue, historically not exceeding 0.5% [1]

Core Viewpoint - Several listed companies in the Shanghai and Shenzhen stock markets announced significant developments, including financing arrangements, asset sales, and strategic partnerships, which may present investment opportunities and risks for investors [4][5][6][8][9][10]. Financing and Borrowing - Vanke A announced that its largest shareholder, Shenzhen Metro Group, will provide a loan of up to 2.064 billion yuan to repay bond principal and interest, with a loan term of no more than three years and a floating interest rate based on the LPR minus 66 basis points [4]. - Jianfeng Group obtained a loan commitment of up to 36 million yuan from China Merchants Bank for stock repurchase, with a loan term of no more than 36 months at an interest rate of 1.8% [11]. Asset Sales and Acquisitions - Angli Education plans to sell 100% of Kensington Park School Limited for 80,000 pounds (approximately 760,100 yuan) to alleviate financial pressure [5]. - Guang'an Aizhong intends to acquire 90% of Qitai Hengtai at a price of 0 yuan, with plans for further investment in renewable energy projects [12][13]. - Suzhou Planning aims to acquire 80% of Kunshan Development Zone Architectural Design Institute for 831,720 yuan [18]. Regulatory and Compliance Issues - Haohai Biotechnology's controlling shareholder received an administrative penalty notice from the CSRC for suspected insider trading, although it is stated that this will not significantly impact the company's operations [7]. - Yunding Technology received a warning letter from the Shandong Securities Regulatory Bureau for inaccurate financial disclosures in its 2015 annual report [8]. Performance and Forecasts - Brothers Technology expects a net profit of 100 million to 115 million yuan for the first three quarters of 2025, representing a year-on-year increase of 207.32% to 253.42%, driven by rising prices of certain vitamin products and improved production efficiency [21]. Strategic Partnerships and Contracts - Jiuzhou Yiqu signed a strategic cooperation agreement with China Electric Power Construction Group Chengdu Survey and Design Institute to enhance collaboration in the rail transit sector [22]. - Luxiao Technology's subsidiary signed a strategic cooperation agreement to develop AI service robots for the US and European markets, aiming to sell at least 1 million units by 2026-2028 [23]. - China Shipbuilding Technology signed a green methanol sales contract worth approximately 40 million USD per year, with potential increases based on customer demand [24]. Stock Transactions and Shareholder Actions - Several companies, including Maidi Technology and Xin Hua Co., announced plans for shareholders to reduce their stakes, with reductions ranging from 1.7% to 3% of total shares [29][30][31][34][35].

Group 1 - On September 16, 26 A-share listed companies disclosed share reduction plans, including companies like XinHua Co., MaiDi Technology, and ChengBang Co. [1] - Suzhou Bank's 12 directors and senior management completed a share buyback plan, with a total investment of nearly 5 million yuan [2] - LiXun Precision's vice chairman completed a share buyback of 200 million yuan, accumulating a total of 5 to 7 million yuan in 2022 [2] Group 2 - XinHua Co. plans to reduce holdings by no more than 75,200 shares [3] - MaiDi Technology's shareholders plan to collectively reduce 1.71% of the company's shares [3] - ChengBang Co. shareholders plan to reduce no more than 0.5% of the company's shares [3] - Other companies with planned reductions include Aters (2.04%), ZhongYou Technology (3%), and DeYe Co. (158,050 shares) [3]

Summary of Key Points Core Viewpoint - On September 16, several companies disclosed their shareholding changes, with notable increases in holdings by some executives and significant reductions by others, indicating varied market sentiments and potential investment opportunities. Group 1: Increased Holdings - Suzhou Bank's 12 executives completed their share buyback plan, with a total investment of nearly 5 million yuan [3] - Luxshare Precision's Vice Chairman Wang Laisheng completed a 200 million yuan share buyback, bringing the total for 2022 to 500 million yuan [3] Group 2: Decreased Holdings - Newhua Co. plans to reduce holdings by up to 75,200 shares [3] - MediTech shareholders plan to collectively reduce 1.71% of the company's shares [3] - Chengbang Co. shareholders plan to reduce up to 0.5% of the company's shares [3] - Chahua Co.'s Director and Deputy General Manager Chen Zhihai plans to reduce up to 40,000 shares [3] - Artis shareholders plan to reduce up to 2.04% of the total share capital [3] - Zhongyou Technology shareholders plan to reduce up to 3% of the company's shares [3] - Deyang Co. plans to reduce up to 1.5805 million shares [3] - Changhua Group plans to reduce up to 5.3806 million repurchased shares [3] - Tiancheng Technology shareholders plan to reduce up to 1.68% of the company's shares [3] - Anzheng Fashion plans to reduce up to 1.87004 million repurchased shares [3] - Sichuan Gold shareholders plan to reduce a total of 1.5938% of the company's shares [3] - Zhongyan Co. plans to reduce up to 30,000 shares [3] - Fuchuang Precision shareholders plan to reduce up to 3% of the company's shares [3] - Beifang Huachuang plans to reduce 2.5919 million shares through centralized bidding [3] - Xiamen Tungsten plans to reduce up to 1% of Tengyuan Mining's shares [3] - Changgao Electric plans to reduce 3.465 million shares of its associate company [3] - Xinghua New Materials' specific shareholder plans to reduce 1.17% of the company's shares [3] - Tonghe Technology shareholders plan to reduce up to 3% of the company's shares [3] - Anlian Ruishi's Director Shen Lei plans to reduce up to 100,000 shares [3] - Yidong Electronics' controlling shareholder plans to reduce up to 2.96% of the total share capital [3] - Saiwei Times shareholders plan to reduce up to 3% of the company's shares [3] - Tiandi Digital shareholders plan to reduce up to 2.96% of the total share capital [3] - Wanjie Technology's Director and Deputy General Manager Liu Huaiqi plans to reduce up to 386,000 shares [3] - Haitai New Light's actual controller's concerted action plans to reduce up to 0.2102% of the shares [3] - Tengyuan Mining's Xiamen Tungsten and Changjiang Chen Dao plan to reduce up to 2% of the total share capital [3] - Yayi International's Director and senior management plan to reduce up to 540,000 shares [3]

Major Events - Angli Education plans to sell 100% equity of Kensington Park School Limited for £80,000 (approximately 760,100 RMB) to Hong Kong KS Education Group Limited to alleviate operational difficulties and reduce financial impact [1] Regulatory Actions - Haohai Biological's controlling shareholder, Jiang Wei, received an administrative penalty notice from the China Securities Regulatory Commission (CSRC) for suspected insider trading, which does not impact the company's daily operations or finances [2] - Yunding Technology received a warning letter from the Shandong Securities Regulatory Bureau for inaccurate information disclosure in its 2015 annual report, involving former executives who are now subject to administrative measures [3] Corporate Actions - Yaoshi Technology announced that the last day for conversion of Yaoshi convertible bonds is September 17, after which unconverted bonds will be forcibly redeemed at 100.62 RMB per bond, potentially leading to investment losses for investors [4] - Kanghui Pharmaceutical intends to change its stock abbreviation from "Kanghui Pharmaceutical" to "Kanghui Co., Ltd." [5] Strategic Partnerships - Jiuzhou Yitu signed a strategic cooperation agreement with China Electric Power Construction Group Chengdu Survey and Design Institute to enhance collaboration in the rail transit sector [6] - Luxiao Technology's subsidiary signed a strategic cooperation agreement to jointly develop AI service robots for the U.S. and European markets, aiming to sell at least 1 million units between 2026 and 2028 [6] - China Shipbuilding Technology signed a green methanol sales contract worth approximately $40 million per year, with potential increases based on customer demand, starting supply in 2028 [6] - Haon Automotive received a product designation notice for ADAS perception systems and radar systems, estimating total revenue of approximately 2.477 billion RMB over a 5-year project lifecycle, with mass production expected to start in April 2026 [6] Shareholding Changes - Medi Technology's shareholder, Weng Kang, plans to reduce his stake by up to 1.7% of the company's total shares, while another shareholder, Wu Di, intends to reduce his holdings by up to 0.0047% [7] - Xinhua Co., Ltd.'s director, Fang Junwei, plans to reduce his holdings by up to 75,200 shares, representing no more than 0.039% of the company's total shares [7]