Core Insights - Guangdong has become the largest hub for the smart robotics industry in China, but it needs to enhance technology from "laboratory precision" to "workshop reliability" to move up the global value chain and address the challenge of retaining top talent in private enterprises [1][2] Industry Overview - As of April 2025, the core industry scale of artificial intelligence in Guangdong exceeded 77 billion yuan, maintaining a leading position nationally. The cumulative production of industrial robots reached 96,200 units, while service robots totaled 2.6708 million units, reflecting growth rates of 31.1% and 10.8% respectively [1] Challenges and Bottlenecks - The industry faces challenges in self-innovation of "hardcore technology," precise matching of application scenarios with demand, and a shortage of cutting-edge talent. Many small and medium-sized enterprises have low AI implementation rates, and there is insufficient government-led scenario openness [2][3] - There is a significant talent gap in high-end positions, particularly for interdisciplinary talents in "mechatronics" [2] Recommendations for Development - To bridge the gap in technology application, it is suggested to create demonstration application scenarios that focus on high-value areas, establish a tiered scenario list, and lower the application threshold for small and medium-sized enterprises [2] - It is recommended to support private enterprises in integrating technology talent into the national innovation system through legislative support, increased incentives, and improved evaluation mechanisms [3] - Targeted policy resources should be injected into "independent innovation" and "talent integration points" to help Guangdong establish a global voice in the artificial intelligence and robotics industry [3]

Core Insights - Guangdong Province is accelerating the construction of a modern industrial system, focusing on the artificial intelligence and robotics industry, to foster emerging industries and strategically position future industries [2] Group 1: Industry Challenges - Despite being the largest hub for intelligent robotics in China, Guangdong faces challenges in advancing to the high end of the global value chain, including core technology bottlenecks, insufficient application scenario integration, and a shortage of high-end talent [2][5] - The domestic innovation in "hardcore technology" for the robotics industry needs to be strengthened, as the localization rate of key components like chips, high-precision reducers, and core algorithms is insufficient, leading to reliance on foreign brands [5] Group 2: Recommendations for Improvement - To address technology application challenges, it is suggested that the government should lead the opening of more scenarios and establish a classified scenario list along with demonstration fund support [5] - It is recommended to break through the last mile of application in the mid-to-high-end robotics sector by establishing demonstration lines and leveraging China's institutional and market advantages [5] Group 3: Talent Development - There is a scarcity of interdisciplinary talents in fields like algorithms and embodied intelligence, with leading talents primarily concentrated in universities, resulting in a low proportion of such talents in corporate R&D teams [6] - The government is encouraged to support private enterprises' participation in major national science and technology projects and improve access to special R&D funding [6] Group 4: Strategic Focus - The robotics industry in Guangdong should focus on reducing innovation risks through scenario openness and activating private enterprise momentum through talent circulation [6] - Policy resources should be concentrated on areas of "independent innovation breakthroughs" and "scenario-talent integration" to help the industry establish a global voice [6]

证券代码：688090 证券简称：瑞松科技 公告编号：2025-047 广州瑞松智能科技股份有限公司 关于子公司涉及诉讼事项的进展公告 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、准确性和完整性依法承担法律责任。 重要内容提示: 案件所处的诉讼阶段：仲裁案件已裁决，诉讼案件一审已全部判决，部 分诉讼案件尚处于上诉期内。 上市公司所处的当事人地位：广州瑞松智能科技股份有限公司（以下简 称"公司"）控股子公司广州瑞松北斗汽车装备有限公司（以下简称"广州瑞北" 或"原告"）为本案原告。 涉案金额：14 个涉案合同的金额为人民币 2,513.24 万元（未含逾期付 款利息、诉讼费用）。 是否会对上市公司损益产生负面影响：公司根据审慎性原则已在 2024 年审计报告中分别对本次诉讼事项涉及的相关资产计提专项减值准备。本次诉讼 事项预计对公司 2025 年度及期后利润不产生重大不利影响。 本次诉讼系依法维权行为，为维护公司的合法权益，公司将持续关注该事项 的进展，并将按照法律、法规的要求及时履行信息披露义务。敬请广大投资者注 意投资风险。 一、 本次诉讼起诉的基本 ...

Core Viewpoint - The company, Guangzhou Ruisheng Intelligent Technology Co., Ltd. (瑞松科技), is implementing a differentiated dividend distribution plan for the fiscal year 2024, which is a result of its share repurchase program aimed at employee stock ownership plans and equity incentives [1][2][5]. Summary by Sections Reason for Differentiated Dividend - The board of directors approved a share repurchase plan on May 9, 2022, with a total repurchase fund between RMB 12 million and RMB 15 million [1]. - As of July 19, 2023, the company repurchased 445,980 shares, accounting for approximately 0.66% of the total share capital of 67,360,588 shares [1][2]. Differentiated Dividend Plan - The company plans to distribute a cash dividend of RMB 0.10 per share (before tax) to all shareholders, with a total of 93,918,619 shares eligible for the dividend distribution [3][4]. - The total number of shares after the dividend distribution will increase to 122,370,064 shares, subject to final registration results [2][3]. Calculation Basis and Formula for Differentiated Dividend - The reference price for ex-dividend trading is calculated using the formula: Ex-dividend reference price = (Previous closing price - Cash dividend) / (1 + Change in circulating shares ratio) [2][4]. - The change in circulating shares ratio is determined by the formula: Change in circulating shares ratio = (Total shares participating in distribution × Transfer ratio) / Total shares [2]. Impact of Differentiated Dividend - The actual cash dividend per share is approximately RMB 0.0997, and the change in circulating shares ratio is approximately 0.2991 [3][4]. - The impact of the differentiated dividend on the ex-dividend reference price is less than 1%, indicating minimal effect on the stock price [4][5]. Compliance and Verification - The differentiated dividend distribution complies with relevant laws and regulations, including the Company Law and Securities Law, and does not harm the interests of the company or its shareholders [5][6].

Core Points - The company has completed the listing and circulation of all shares from its initial strategic placement [1] - The company has approved a differentiated dividend distribution plan, which includes a cash dividend of 0.10 CNY per share and a capital increase of 0.30 shares for every share held [2][3] - The total number of shares after the capital increase will rise to 122,370,064 shares, with a total cash dividend distribution amounting to approximately 9.39 million CNY [3][10] Dividend Distribution Plan - The dividend distribution and capital increase plan was approved at the annual shareholders' meeting on May 22, 2025 [2] - The cash dividend will be distributed to shareholders registered by the end of the trading day on the equity registration date, with the cash dividend being 1.00 CNY for every 10 shares held [2] - The company will adjust the total distribution amount if there are changes in the total share capital before the equity registration date [3] Tax Implications - Individual shareholders holding shares for over one year will be exempt from personal income tax on the cash dividend, while those holding for one year or less will have tax withheld upon selling the shares [7] - For qualified foreign institutional investors (QFII), a 10% withholding tax will apply, resulting in a net cash dividend of 0.09 CNY per share [8] - The company will not withhold tax for other institutional investors, who will be responsible for their own tax payments [9] Share Capital Structure - The total share capital before the increase was 94,194,479 shares, and after the increase, it will be 122,370,064 shares [10] - The earnings per share for the fiscal year 2024, after the capital increase, is projected to be 0.09 CNY [10]

广发证券股份有限公司 关于广州瑞松智能科技股份有限公司 差异化分红事项的核查意见 广发证券股份有限公司（以下简称"广发证券"或"保荐机构"）作为广州瑞 松智能科技股份有限公司（以下简称"瑞松科技"或"公司"）首次公开发行股 票并在科创板上市项目的保荐机构，根据《中华人民共和国公司法》《中华人民 共和国证券法》《证券发行上市保荐业务管理办法》和《上海证券交易所上市公 司自律监管指引第 7 号——回购股份》等有关规定，就瑞松科技 2024 年度利润 分配所涉及的差异化分红事项进行了核查，具体情况如下： 一、本次差异分红的原因 根据公司董事会于 2022 年 5 月 9 日召开第三届董事会第一次会议，审议通 过了《关于以集中竞价交易方式回购公司股份方案的议案》，同意公司以自有资 金通过上海证券交易所交易系统以集中竞价交易方式回购公司已发行的部分人 民币普通股（A 股）股票，用于实施员工持股计划或股权激励，回购资金总额不 低于人民币 1,200 万元（含），不超过人民币 1,500 万元（含）。 2023 年 7 月 21 日，公司披露了《广州瑞松智能科技股份有限公司关于股份 回购实施结果公告》（公告编号：2023- ...

证券代码：688090 证券简称：瑞松科技 公告编号：2025-046 广州瑞松智能科技股份有限公司 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、准确性和完整性依法承担法律责任。 重要内容提示： 本次利润分配及转增股本方案经公司2025 年 5 月 22 日的2024年年度股东大会 审议通过。 公司存在首发战略配售股份，首发战略配售股份已全部上市流通 是否涉及差异化分红送转：是 每股分配比例，每股转增比例 每股现金红利0.10元 每股转增0.30股 相关日期 二、 分配、转增股本方案 1. 发放年度：2024年年度 2. 分派对象： 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东。 根据《中华人民共和国公司法》《中华人民共和国证券法》《上海证券交易所 上市公司自律监管指引第 7 号——回购股份》等相关法律、行政法规、部门规章 及其他规范性文件以及《公司章程》的有关规定，公司回购专用证券账户中的股 份不享有股东大会表决权、利润分配、 ...

Core Viewpoint - The announcement details the shareholding status and the results of the share reduction plan by major shareholders and executives of Guangzhou Ruisheng Intelligent Technology Co., Ltd, highlighting the ongoing changes in ownership and the financial implications of these transactions [1][2][4]. Shareholding Status - As of February 18, 2025, major shareholders and executives hold the following shares: - Zhao Wei: 4,715,242 shares (5.01%) - Yan Xuetao: 1,474,017 shares (1.56%) - Liu Erbin: 1,239,938 shares (1.32%) - Zheng Delun: 759,226 shares (0.81%) - Sun Shengjie: 1,349,954 shares (1.43%) - Luo Yuan: 14,000 shares (0.01%) [1][3]. Share Reduction Plan Results - Zhao Wei reduced his holdings by 405,600 shares (0.43%) from March 17 to May 26, 2025, with a total transaction value of approximately 18.22 million yuan [4][5]. - Yan Xuetao reduced his holdings by 20,000 shares (0.02%) during the same period, with a total transaction value of 1.07 million yuan [4][5]. - Liu Erbin successfully reduced his holdings by 200,000 shares (0.21%) from March 12 to March 19, 2025, with a total transaction value of approximately 10.98 million yuan [4][5]. - Zheng Delun reduced his holdings by 60,000 shares (0.06%) from March 14 to March 19, 2025, with a total transaction value of about 3.15 million yuan [5]. - Sun Shengjie did not reduce any shares during the specified period [5]. - Luo Yuan reduced her holdings by 3,000 shares (0.003%) from June 3 to June 11, 2025, with a total transaction value of approximately 122,827.89 yuan [5].

| 股东名称 | 股东身份 | 持股数量（股） | 占总股本比例 | | --- | --- | --- | --- | | 赵伟 | 5%以上非第一大股东 | 4,715,242 | 5.01% | | 颜雪涛 | 董事、监事、高级管理 人员（现已离任） | 1,474,017 | 1.56% | | 刘尔彬 | 董事、监事、高级管理 人员（现已离任） | 1,239,938 | 1.32% | | 郑德伦 | 董事、监事、高级管理 人员（现已离任） | 759,226 | 0.81% | | 孙圣杰 | 董事、监事、高级管理 人员 | 1,349,954 | 1.43% | | 罗渊 | 董事、监事、高级管理 人员 | 14,000 | 0.01% | 减持计划的实施结果情况 证券代码：688090 证券简称：瑞松科技 公告编号：2025-045 广州瑞松智能科技股份有限公司 关于持股 5%以上股东及董监高减持股份结果公告 本公司董事会、全体董事及相关股东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、准确性和完整性依法承担法律 责任。 重要内容提示： 大股东及董监高持有的 ...

Core Viewpoint - The establishment of the Guangdong Artificial Intelligence and Robotics Industry Alliance aims to inject new momentum into the development of a global innovation hub for AI and robotics in Guangdong, leveraging the region's strong industrial base and resources [2][6]. Group 1: Industry Context - Guangdong is recognized as the largest industrial robot production base in China, with a natural ecosystem conducive to the development of AI robots [3]. - The region's enterprises can achieve rapid industrialization by leveraging supply chain efficiency and deep integration of robotics in industrial scenarios [3][6]. - The alliance is positioned as a critical point for industry collaboration, aiming to transform Guangdong into a high-tech, high-growth, and large-scale industrial pillar [6][9]. Group 2: Company Innovations - Ruisheng Technology has made significant advancements in intelligent manufacturing, exemplified by its flexible production line capable of producing 200,000 electric vehicles annually, achieving a cycle time of 48 seconds per unit [4]. - The company's AI vision system demonstrates high precision and rapid response, with defect detection rates reaching 99.9% and false detection rates below 0.1% [4]. - Ruisheng's R&D team, comprising 21.94% of its workforce, has developed high-speed six-axis parallel robots and advanced production lines for aerospace and semiconductor applications, achieving international leading production yields [5]. Group 3: Future Directions - The alliance aims to enhance collaboration among members in core technology development, application scenario innovation, and standardization efforts [7]. - Ruisheng Technology plans to leverage AI and industrial big data to expand its solutions across various industrial applications, contributing to the establishment of a new industrial development system [6][9]. - The company emphasizes the need for national support to advance mid-to-high-end robotics, addressing the current dominance of international brands in the domestic market [6][8]. Group 4: Strategic Vision - The integration of manufacturing capabilities with AI algorithms is seen as a pathway for China to transition from a technology follower to an ecosystem leader in the global AI and robotics industry [9]. - The alliance's ultimate value lies in fostering innovation through collaboration, enabling each member to contribute to a cohesive smart manufacturing ecosystem [9].