一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 5 月 22 日 证券代码：605060 证券简称： 联德股份 公告编号：2025-017 杭州联德精密机械股份有限公司 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 (二)股东大会召开的地点：浙江省杭州经济开发区 18 号大街 77 号 杭州联德精 密机械股份有限公司 二楼会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 140 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 160,929,066 | | 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 | | | 份总数的比例（%） | 67.2005 | (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。 本次会议的召集、召开符合《中华人民共和国公司法》、《上市公司股东会规 则》、《上海证券交易所 ...

国浩律师（杭州）事务所 关 于 杭州联德精密机械股份有限公司 2024 年年度股东大会 之 法律意见书 地址：杭州市上城区老复兴路白塔公园 B 区 2 号、15 号国浩律师楼 邮编：310008 Grandall Building, No.2 ＆ No.15, Block B, Baita Park, Old Fuxing Road, Hangzhou, Zhejiang 310008, China 电话/Tel: (+86)(571) 8577 5888 传真/Fax: (+86)(571) 8577 5643 电子邮箱/Mail：grandallhz@grandall.com.cn 网址/Website：http://www.grandall.com.cn 二〇二五年五月 国浩律师（杭州）事务所 股东大会法律意见书 国浩律师（杭州）事务所 关 于 杭州联德精密机械股份有限公司 2024 年年度股东大会之 法律意见书 致：杭州联德精密机械股份有限公司 国浩律师（杭州）事务所（以下简称"本所"）接受杭州联德精密机械股份 有限公司（以下简称"公司"）委托，指派律师出席公司 2024 年年度股东大会 （以下简称" ...

Group 1 - The company plans to hold the 2024 annual general meeting on May 22, 2025, at 13:30, using a combination of on-site and online voting methods [1][2] - To enhance service for small and medium investors, the company will utilize the Shanghai Stock Exchange Information Network Co., Ltd. to provide a shareholder meeting reminder service [2] - Investors will receive proactive notifications about the meeting and voting proposals via smart SMS, allowing them to vote directly through provided instructions [2]

证券代码：605060 证券简称：联德股份 公告编号：2025-016 杭州联德精密机械股份有限公司 关于股东大会开设网络投票提示服务的公告 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。 杭州联德精密机械股份有限公司（以下简称"公司"）拟于 2025 年 5 月 22 日 13:30 召开 2024 年年度股东大会，本次会议采用现场投票和网络投票相结合 的 表 决 方 式 ， 详 见 公 司 于 2025 年 4 月 22 日 在 上 海 证 券 交 易 所 网 站 （www.sse.com.cn）披露的《关于召开 2024 年年度股东大会的通知》（公告编 号：2025-013）。 为更好地服务广大中小投资者，确保有投票意愿的中小投资者能够及时参 会、便利投票，公司拟使用上证所信息网络有限公司（以下简称"上证信息"） 提供的股东大会提醒服务，委托上证信息通过智能短信等形式，根据股权登记日 的股东名册主动提醒股东参会投票，向每一位投资者主动推送股东大会参会邀 请、议案情况等信息。投资者在收到智能短信后，可根据《上市公司股东会网 ...

Core Points - The company, Hangzhou LianDe Precision Machinery Co., Ltd., is holding its 2024 Annual General Meeting on May 22, 2024, at 13:30 [4][6] - The meeting will include various agenda items such as the review of the 2024 Board of Directors' work report, the 2024 Supervisory Board's work report, and the 2024 financial settlement report [5][8][26] - The company reported a decrease in operating income by 9.32% to 1,098.44 million yuan in 2024 compared to 2023 [26] - The net profit attributable to shareholders decreased by 25.41% to 187.47 million yuan in 2024 [26] - The total assets of the company increased by 6.72% to 2,855.01 million yuan by the end of 2024 [26][13] Meeting Procedures - The meeting will be conducted with a combination of on-site attendance and online voting [4][6] - Participants must register with identification and relevant documents before the meeting [3] - The meeting will include a voting process supervised by designated representatives [5][6] Financial Performance - The company reported a net cash flow from operating activities of 299.79 million yuan, showing a decrease of 8.43% from the previous year [26] - The basic earnings per share decreased by 25.71% to 0.78 yuan [26] - The weighted average return on equity decreased by 3.43% to 8.28% [26] Future Plans - The company plans to enhance production capacity and quality through a dual-drive strategy, focusing on the Mingde factory and the construction of a new factory in Mexico [14][16] - Emphasis will be placed on technological innovation and digital transformation to improve operational efficiency and product quality [15][16] - The company aims to expand its market presence in various sectors, including energy equipment and agricultural machinery [16][19]

联德股份 2024 年年度股东大会会议资料 证券简称：联德股份 证券代码：605060 杭州联德精密机械股份有限公司 2024 年年度股东大会会议资料 2024 年 5 月 | 关于修订《董事会议事规则》的议案 33 | | --- | 二、为保证股东大会的正常秩序，除出席会议的股东或者股东代表、董事、 监事、董事会秘书、其他高级管理人员、见证律师、本次会议议程有关人员及会 务工作人员以外，公司有权拒绝其他人员进入会场。对于影响股东大会秩序和损 害其他股东合法权益的行为，公司将按规定加以制止。 联德股份 2024 年年度股东大会会议资料 三、出席股东大会的股东、股东代表应当持身份证或者营业执照复印件、授 权委托书和证券账户卡等证件按股东大会通知登记时间办理签到手续，在大会主 持人宣布现场出席会议的股东和股东代表人数及所持有表决权的股份总数之前， 会议终止登记。未签到登记的股东原则上不能参加本次股东大会。 四、与会股东依法享有发言权、质询权、表决权等各项权利。股东应认真履 行法定义务，自觉遵守大会纪律，不得影响大会的正常程序或者会议秩序，不得 侵犯其他股东的权益。股东发言主题应与本次股东大会表决事项有关，与本次 ...

Market Overview - The market opened low but rose throughout the day, with the ChiNext Index leading the gains. The military industry sector continued its strong performance, with multiple stocks hitting the daily limit up. The compressor concept stocks also saw a collective surge, with several stocks reaching their limit up. The robotics sector remained active, with several stocks also hitting the limit up. In contrast, the PEEK materials sector experienced a correction, with New Han New Materials dropping over 10% [1]. Key Highlights Magnetic Levitation Compressors - The magnetic levitation compressor concept saw significant gains, with stocks like Jialitu, Maglev Technology, and Lande Co. hitting their daily limit up. According to Danfoss, the demand for magnetic levitation compressors in China's data centers is expected to at least double over the next three years. The growth is driven by the robust development of data centers in China, supported by the digital economy and carbon neutrality strategies. Danfoss anticipates a threefold increase in its related business in China by 2024, with a growth rate of approximately 50% this year [4][5]. Military Industry - The military sector continued to perform well, with stocks like Runbei Aerospace and Chengfei Integration hitting consecutive limit ups. Reports indicate heightened military readiness in Pakistan following drone attacks from India, which may impact military trade dynamics. China is a significant arms exporter to Pakistan, with around 60% of its military exports directed towards the country. Recent exports include various military aircraft, drones, missiles, and naval vessels [7][9]. Huawei HarmonyOS - The Huawei HarmonyOS sector became active again, with stocks like Shengtong Co., Vision China, and Donghua Software hitting their daily limit up. Huawei's recent launch of HarmonyOS for PCs marks a significant step for domestic operating systems in the personal computer market. Analysts suggest that HarmonyOS could gain traction in sectors requiring high data security and system stability, such as government and finance [10][12].

Group 1 - The core viewpoint is that the demand for magnetic levitation compressors in China's data centers is expected to double in the next three years, driven by the growth of the digital economy and energy efficiency initiatives [2][3] - The magnetic levitation chiller units are gaining attention for their high energy efficiency, with a current penetration rate of less than 1% in large buildings in China, indicating significant market potential for energy-saving devices [3] - The peak efficiency of magnetic levitation centrifugal chillers can reach a COP of 12 under partial load conditions, offering a 35% higher energy savings compared to traditional chillers, making them a viable alternative as energy consumption and environmental protection needs increase [3] Group 2 - The rapid growth in AI model training and inference is driving a sustained increase in computing power demand, leading to a dual-driven pattern in the HVAC industry with traditional air cooling and accelerated penetration of liquid cooling technologies [4] - The construction of new data centers is leading to stricter PUE requirements, making more energy-efficient solutions like indirect evaporative cooling and refrigerant pumps mainstream within air cooling options [4] - A supply-demand gap for core cooling equipment, particularly compressors, is expected to emerge in the next 2-3 years due to the surge in data center construction and the lag in capacity expansion from major manufacturers [4]

杭州联德精密机械股份有限公司（以下简称"公司"）已于 2025 年 4 月 22 日在上海证券交易所网站（www.sse.com.cn）披露了《联德股份 2024 年年度报 告》及《联德股份 2024 年年度报告摘要》。为便于广大投资者更加全面深入地 了解公司经营业绩、发展战略等情况，公司定于 2025 年 05 月 15 日（星期四） 会议召开时间：2025 年 05 月 15 日（星期四）15:00-16:00 会议召开地点：价值在线（www.ir-online.cn） 会议召开方式：网络互动方式 会 议 问 题 征 集 ： 投 资 者 可 于 2025 年 05 月 15 日 前 访 问 网 址 https://eseb.cn/1nOrCshylpu 或使用微信扫描下方小程序码进行会前提 问，公司将通过本次业绩说明会，在信息披露允许范围内就投资者普遍 关注的问题进行回答。 证券代码：605060 证券简称：联德股份 公告编号：2025-015 杭州联德精密机械股份有限公司 关于举办 2024 年度网上业绩说明会的公告 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 ...

Investment Rating - The report suggests a positive investment outlook for the diesel generator set industry, particularly for domestic OEM manufacturers and key players in the supply chain [2][5]. Core Insights - The domestic AI model Deepseek is accelerating the application of AI in China, leading to a significant increase in computing power demand, which in turn benefits the diesel generator set market as it is a core component of data center infrastructure [3][5]. - Diesel generator sets are essential for data centers, accounting for approximately 23% of supporting infrastructure costs and 6%-7% of total data center construction costs. The market for diesel generators in data centers is projected to grow from 4.57 billion yuan in 2023 to 13.16 billion yuan by 2028, with a compound annual growth rate (CAGR) of 24% [3][31]. - Domestic brands are expected to benefit from the challenges faced by foreign manufacturers in expanding production capacity, leading to opportunities for volume and price increases for local suppliers [3][5]. Summary by Sections 1. Deepseek Accelerates Domestic AI Application and Drives Computing Power Demand - Deepseek demonstrates performance comparable to leading international AI models, significantly enhancing domestic AI application scenarios and driving up computing power demand [3][6]. - Major tech companies like Tencent and Alibaba are increasing capital expenditures for computing power infrastructure, with Tencent's capital expenditure reaching 768 billion yuan in 2024, a 221% year-on-year increase [3][14]. 2. Diesel Generator Sets as Core CAPEX for Data Centers - Diesel generator sets are critical backup power sources for data centers, complementing UPS systems to ensure continuous operation during power outages [22][24]. - The construction of data centers requires diesel generator sets, which are mandated for A and B level data centers as per national standards [24][26]. - The market for diesel generator sets in data centers is expected to reach 13.16 billion yuan by 2028, driven by the rapid growth of intelligent computing power [31][32]. 3. Domestic Supply Chain Benefits from High Demand and Limited Foreign Expansion - The core components of diesel generator sets, particularly diesel engines, are dominated by foreign brands, which hold a 90% market share in 2024. However, domestic brands are gaining market share due to supply chain challenges faced by foreign manufacturers [3][47]. - Recent bidding results show that domestic manufacturers like Weichai Heavy Machinery have significantly increased their market share in high-pressure diesel generator sets [66][68]. 4. Investment Recommendations - The report recommends focusing on domestic OEM manufacturers such as KOTAI Power, Taihao Technology, and Sumida, as well as main engine manufacturers like Weichai Heavy Machinery and component manufacturers like Linde [3][5].