证券代码：688155 证券简称：先惠技术 公告编号：2025-033 上海先惠自动化技术股份有限公司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： 每股现金红利0.30元 相关日期 | 股权登记日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | | 2025/5/23 | 2025/5/26 | 2025/5/26 | 是否涉及差异化分红送转：否 每股分配比例 1. 发放年度：2024年年度 2. 分派对象： 三、 相关日期 一、 通过分配方案的股东会届次和日期 本次利润分配方案经公司2025 年 5 月 8 日的2024年年度股东会审议通过。 3. 分配方案： 本次利润分配以方案实施前的公司总股本125,050,244股为基数，每股派发现 金红利0.30元（含税），共计派发现金红利37,515,073.20元。 | 股权登记日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | | 2025/5/23 | 2 ...

Group 1: Stock Trading Anomalies - Chengfei Integration reported severe abnormal stock fluctuations, indicating a potential market sentiment overheating, with 96.91% of revenue from automotive parts and tooling, and only 1.74% from aerospace components [3] - Lijun Co. noted short-term market sentiment overheating in its stock, attributed to increased attention on military aircraft-related stocks due to geopolitical changes [4][5] - Yuzhong A stated that its stock has seen significant short-term gains, but there have been no major changes in its operational environment [8] Group 2: Risk Warnings and Suspensions - Zitian Technology received a delisting risk warning due to false financial reporting, with a deadline for rectification that was not met, leading to a potential delisting [6] - ST Mingjia announced the removal of its delisting risk warning but will continue to face other risk warnings, with a temporary suspension of trading [7] - ST Shengda's stock will be suspended for one day before resuming trading after the removal of other risk warnings [11] Group 3: Mergers and Acquisitions - Guangyang Co. is planning to acquire 100% of Ningbo Yinqiu Technology, leading to a suspension of its stock trading [9] - Electric Power Investment is also planning to acquire shares in Baiyin Hua Coal Power, with its stock set to resume trading [10] Group 4: Shareholder Reductions - Ruiling Co.'s controlling shareholder plans to reduce its stake by up to 3%, with specific figures provided for individual executives [13] - New Meixing's controlling shareholder intends to reduce its stake by up to 3% as well [14] - Yujian Intelligent's actual controllers plan to collectively reduce their stake by up to 2.99% [15] Group 5: Major Contracts - Qunxing Toys announced a 113 million yuan contract with Tencent for providing computing power services [23]

Summary of Key Points Core Viewpoint - The announcement details the share reduction plans of major shareholders of Shanghai Xianhui Automation Technology Co., Ltd, specifically focusing on the shareholding structure and the reasons for the planned reductions due to personal funding needs [1][2][4]. Shareholder Holding Situation - As of the announcement date, Shanghai Jinghui Investment Partnership holds 2,590,000 shares, accounting for 2.07% of the total share capital. Together with its concerted actions, they hold a total of 59,637,528 shares, representing 47.69% of the total share capital [1][2]. - Shanghai Jinghui Investment and Shanghai Jinghui Investment Consulting hold 2,527,000 shares, which is 2.02% of the total share capital [1][3]. Reduction Plans - Jinghui Investment plans to reduce its holdings by up to 647,500 shares, which is 25% of its holdings and 0.52% of the total share capital, through centralized bidding and block trading within three months starting from fifteen trading days after the announcement [1][4]. - Jinghui Investment's reduction will be limited to a maximum of 1% of the total shares through centralized bidding and 2% through block trading over any consecutive 90-day period [1][4]. - Jinghui Investment has committed not to participate in this reduction, as confirmed by the controlling shareholders [1][2]. Additional Reduction Plans - Jinghui Investment Consulting plans to reduce its holdings by up to 631,750 shares, which is also 25% of its holdings and 0.51% of the total share capital, under similar conditions as Jinghui Investment [2][4]. - The reduction will also occur through centralized bidding and block trading, with the same limitations on the number of shares that can be reduced over specified periods [2][4]. Compliance and Commitments - Both shareholders have made commitments to comply with relevant regulations regarding share reductions, including adhering to the rules set by the China Securities Regulatory Commission and the Shanghai Stock Exchange [5][6]. - The shareholders have also agreed to specific conditions regarding the timing and manner of their share reductions to ensure compliance with legal requirements [5][6].

证券代码：688155 证券简称：先惠技术 公告编号：2025-032 上海先惠自动化技术股份有限公司 股东减持股份计划公告 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： 股东持股的基本情况 截至本公告披露日，上海晶徽投资合伙企业（有限合伙）（以下简称"晶徽 投资"）持有公司股份 2,590,000 股，占公司总股本的 2.07%。晶徽投资及其一致 行动人王颖琳女士、潘延庆先生、奚挹清女士、上海晶流投资咨询有限公司（以 下简称"晶流投资"）合计持有公司股份 59,637,528 股，占公司总股本的 47.69%。 截至本公告披露日，上海精绘投资咨询有限公司（以下简称"精绘投资"） 持有公司股份 2,527,000 股，占公司总股本的 2.02%。 上述股份来源于公司首次公开发行前持有的股份、公司实施权益分派以资本 公积金转增股本所取得的股份，上述首发限售股份已分别于 2021 年 8 月 11 日、 2023 年 8 月 11 日起解除限售并上市流通。 减持计划的主要内容 因自身资金需求，晶徽 ...

Investment Rating - The report maintains a "Buy" rating for the company with a target price of 54.40 CNY over the next six months [1][7][8]. Core Insights - The company achieved a revenue of 2.464 billion CNY in 2024, reflecting a year-on-year growth of 0.6%, and a net profit attributable to shareholders of 223 million CNY, which represents a significant increase of 458.2% [1][2]. - The solid-state battery business is expected to enter a harvest phase, with the company having established a framework agreement with Qingtao Energy for long-term cooperation in the development and industrialization of core equipment for solid-state batteries [7][8]. - The company’s overseas orders are increasing, with 68.03% of new orders coming from international projects, which is expected to enhance profit margins [7][8]. Financial Performance Summary - In Q1 2025, the company reported a revenue of 521 million CNY, a year-on-year increase of 6.5%, and a net profit of 58 million CNY, up 20.5% year-on-year [1][2]. - The gross profit margin for 2024 was 25.3%, with a net profit margin of 12.7%, showing improvements in profitability [7]. - The forecast for 2025-2027 indicates revenues of 3.17 billion CNY, 3.97 billion CNY, and 4.7 billion CNY respectively, with corresponding EPS of 2.72 CNY, 3.87 CNY, and 4.86 CNY [2][8]. Business Segment Analysis - The revenue from the new energy vehicle automation equipment is projected to grow significantly, with expected revenues of 1.4 billion CNY in 2025, 2.1 billion CNY in 2026, and 2.73 billion CNY in 2027, alongside an increase in gross margin to 35% [8]. - The company’s market share in power battery structural components is expected to remain stable, with revenues projected at 1.7 billion CNY in 2025 [8]. Valuation Metrics - The report estimates a dynamic PE ratio of 16 for 2025, 11 for 2026, and 9 for 2027, indicating a favorable valuation compared to industry peers [2][8]. - The company’s total market capitalization is approximately 5.332 billion CNY, with a total asset value of 5.482 billion CNY [5].

Core Viewpoint - The company, Shanghai Xianhui Automation Technology Co., Ltd., is set to hold an investor briefing on May 30, 2025, to discuss its 2024 annual and 2025 Q1 financial results, aiming to enhance investor understanding of its performance and financial status [1][2]. Group 1: Meeting Details - The investor briefing will take place on May 30, 2025, from 10:00 to 11:00 [1][2]. - The meeting will be held at the Shanghai Stock Exchange Roadshow Center and conducted in an interactive online format [1][2]. - Investors can submit questions from May 23 to May 29, 2025, through the Roadshow Center website or via the company's email [3]. Group 2: Participants - Key participants in the meeting will include the Chairman and CTO, Mr. Pan Yanqing; the General Manager, Ms. Wang Yinglin; the Executive Vice General Manager and CFO, Mr. Chen Yijian; the Board Secretary, Ms. Li Jiafei; and the Independent Director, Mr. Zhou Changsheng [2]. Group 3: Contact Information - For inquiries, investors can contact Ms. Li Jiafei at phone number 021-57858808 or via email at info@sk1.net.cn [3].

证券代码：688155 证券简称：先惠技术 公告编号：2025-031 ●会议召开方式：上证路演中心网络互动 ●投资者可于 2025 年 5 月 23 日（星期五）至 5 月 29 日（星期四）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 info@sk1.net.cn 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。 上海先惠自动化技术股份有限公司（以下简称"公司"）已于 2025 年 4 月 18 日发布公司 2024 年度报告，于 2025 年 4 月 30 日发布公司 2025 年第一季度报告， 为便于广大投资者更全面深入地了解公司 2024 年度及 2025 年第一季度经营成果、 财务状况，公司计划于 2025 年 5 月 30 日（星期五）10:00-11:00 举行 2024 年度暨 2025 年第一季度业绩说明会，就投资者关心的问题进行交流。 上海先惠自动化技术股份有限公司 关于召开 2024 年度暨 2025 年第一季度 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 ...

证券代码：688155 证券简称：先惠技术 公告编号：2025-030 上海先惠自动化技术股份有限公司 2024年年度股东会决议公告 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。 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 106 | | --- | --- | | 普通股股东人数 | 106 | | 2、出席会议的股东所持有的表决权数量 | 71,066,088 | | 普通股股东所持有表决权数量 | 71,066,088 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比例（%） | 56.8300 | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | 56.8300 | （四） 表决方式是否符合《公司法》及公司章程的规定，股东会主持情况等。 本次股东会采用现场投票和网络投票相结合的方式召开，鉴于公司董事长潘 延庆先生因公无法现场出席并主持会议，选择通过线上接入方式参与会议；经半 数以上董事推举，会议 ...

上海市广发律师事务所 关于上海先惠自动化技术股份有限公司 2024 年年度股东大会的法律意见书 致：上海先惠自动化技术股份有限公司 上海先惠自动化技术股份有限公司（以下简称"公司"）2024 年年度股东 大会于 2025 年 5 月 8 日 14 点 00 分在上海市松江区文翔路 6201 号小昆山镇社区 文化中心会议室召开。上海市广发律师事务所经公司聘请，委派朱萱律师、陈蕾 律师出席现场会议，根据《中华人民共和国公司法》（以下简称"《公司法》"）、 《上市公司股东会规则》（以下简称"《股东会规则》"）等法律法规、其他规 范性文件以及《上海先惠自动化技术股份有限公司章程》（以下简称"《公司章 程》"）的规定，就本次股东大会的召集和召开程序、召集人及出席会议人员的 资格、会议议案、表决方式和表决程序、表决结果和会议决议等出具本法律意见 书。 为出具本法律意见书，本所律师对本次股东大会所涉及的有关事项进行了审 查，查阅了相关会议文件，并对有关问题进行了必要的核查和验证。 公司已向本所保证和承诺，公司向本所律师所提供的文件和所作的陈述和说 明是完整的、真实的和有效的，有关原件及其上面的签字和印章是真实的，且一 切足 ...

Financial Performance - The company's revenue for Q1 2025 reached ¥520,727,956.78, representing a year-on-year increase of 6.51% compared to ¥488,922,961.14 in the same period last year[4] - Net profit attributable to shareholders was ¥58,280,864.69, up 20.46% from ¥48,382,271.21 in the previous year[4] - The net profit after deducting non-recurring gains and losses was ¥50,417,709.02, reflecting a 27.33% increase from ¥39,595,241.44 year-on-year[4] - Total operating costs for Q1 2025 were ¥446,711,595.40, slightly up from ¥443,023,742.31 in Q1 2024[19] - Net profit for Q1 2025 was ¥93,391,185.99, representing a 10.4% increase from ¥84,377,327.74 in Q1 2024[19] - Earnings per share for Q1 2025 were ¥0.47, compared to ¥0.45 in Q1 2024[20] Cash Flow - The company's cash flow from operating activities showed a significant decline, with a net outflow of ¥63,902,376.24, down 121.46% from a net inflow of ¥297,713,925.67 in the same period last year[4] - Cash flow from operating activities in Q1 2025 was ¥434,703,349.93, down from ¥676,149,965.93 in Q1 2024[21] - The net cash inflow from operating activities was -$63.90 million, a significant decrease compared to $297.71 million in the previous period[22] - The total cash outflow from operating activities was $536.70 million, compared to $436.64 million in the prior period[22] Assets and Liabilities - Total assets increased by 5.59% to ¥5,481,796,232.37 from ¥5,191,806,039.68 at the end of the previous year[5] - Total liabilities rose to ¥3,018,232,333.17, compared to ¥2,824,071,977.49 in the previous year[17] - The company's total current assets increased to ¥3,719,615,799.66 as of March 31, 2025, up from ¥3,449,718,778.78 on December 31, 2024, reflecting a growth of approximately 7.8%[15] - Accounts receivable decreased to ¥605,253,130.39 from ¥689,230,875.28, a decline of about 12.2%[15] - Inventory increased significantly to ¥1,138,569,566.79 from ¥974,317,970.48, marking an increase of approximately 16.9%[15] - Long-term receivables increased to ¥11,320,136.02 from ¥5,465,030.24, showing a growth of approximately 107.5%[15] Shareholder Information - Total number of common shareholders at the end of the reporting period is 9,754[11] - The largest shareholder, Wang Yinglin, holds 27,123,764 shares, representing 21.69% of total shares[11] - The company declared a cash dividend of ¥0.30 per share and a capital reserve conversion of 4 shares for every 10 shares held, based on a total share capital of 89,321,603 shares[5] Research and Development - Research and development expenses totaled ¥30,283,431.26, which is 12.77% higher than the ¥26,855,110.37 spent in the previous year, accounting for 5.82% of total revenue[5] - The company reported a significant increase in R&D expenses, totaling ¥30,283,431.26 in Q1 2025, up from ¥26,855,110.37 in Q1 2024[19] Non-Recurring Items - Non-recurring gains and losses for the period amounted to ¥7,863,155.67, after accounting for tax effects and minority interests[9]