四、自同意注册之日起至本次发行结束前，你公司如发生重大事项，应及时 报告上海证券交易所并按有关规定处理。 证券代码：688160 证券简称：步科股份 公告编号：2025-036 上海步科自动化股份有限公司 关于 2023 年度向特定对象发行 A 股股票申请 获得中国证券监督管理委员会同意注册批复的公告 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、准确性和完整性依法承担法律责任。 上海步科自动化股份有限公司（以下简称"公司"）于近日收到中国证券监 督管理委员会出具的《关于同意上海步科自动化股份有限公司向特定对象发行股 票注册的批复》（证监许可〔2025〕1045 号）（以下简称"批复文件"），批 复文件内容如下： 一、同意你公司向特定对象发行股票的注册申请。 二、你公司本次发行应严格按照报送上海证券交易所的申报文件和发行方案 实施。 三、本批复自同意注册之日起 12 个月内有效。 联系邮箱：ibd_kinco@gtht.com 公司董事会将按照上述批复文件和相关法律法规的要求以及公司股东大会 的授权，在规定期限内办理本次向特定对象发行股票的相关事项，并及 ...

机械 分析师：刘智 登记编码：S0730520110001 liuzhi@ccnew.com 021-50586775 工程机械、机器人行业复苏持续，人形机 器人应用落地加速 ——机械行业月报 证券研究报告-行业月报 同步大市(维持) 机械相对沪深 300 指数表现 相关报告 《机械行业月报：聚焦行业基本面向好的工程 机械、机器人、机床、高铁设备等方向》 2025-04-28 《机械行业月报：挖掘机国内销量高增长，人 形机器人产品密集发布》 2025-03-27 《机械行业月报：人工智能主题持续，继续推 荐 人 形 机 器 人 、 算 力 设 备 相 关 板 块 》 2025-02-24 联系人：李智 电话： 0371-65585629 地址： 郑州郑东新区商务外环路10号18楼 地址： 上海浦东新区世纪大道1788号T1座 22楼 投资要点： ⚫ 5 月中信机械板块上涨 2.51%，跑输沪深 300 指数（2.96%）0.44 个百分点，在 30 个中信一级行业中排名第 18 名：截止到 2025 年 5 月 23 日收盘，5 月中信机械板块上涨 2.51%，跑输沪深 300 指数（2.96%）0.44 个 ...

证券研究报告 | 浙商早知道 报告日期：2025 年 05 月 26 日 浙商早知道 2025 年 05 月 26 日 ：张延兵 执业证书编号：S1230511010020 ：021-80106048 ：zhangyanbing@stocke.com.cn 重要推荐 重要观点 http://www.stocke.com.cn 1/6 请务必阅读正文之后的免责条款部分 【浙商机械 邱世梁/王华君/刘巍/何家恺】均胜电子（600699）公司深度：全球汽车安全+电子头部 Tier 1，人形机 器人有望打开成长空间——20250522 【浙商社服 宁浮洁】步步高（002251）公司深度：东山再起，步步高升——20250522 【浙商计算机 刘雯蜀/刘静一】亚信科技（01675）公司深度：紧抓 AI 新引擎，数智化全栈布局加速兑现——20250522 【浙商机械 邱世梁/王华君】步科股份（688160）公司深度：无框力矩电机龙头，人形机器人打开空间——20250524 【浙商家电 张云添/马莉/芦家宁】格力电器（000651）公司深度：空调龙头，信心重塑——20250524 【浙商策略 廖静池/王大霁/赵闻恺】A 股策 ...

Summary of Key Points Core Viewpoint - The company, Shanghai Buke Automation Co., Ltd., announced a cash dividend of 0.3 yuan per share, totaling 25.2 million yuan, to be distributed on May 30, 2025 [1][3]. Trading Information - On May 23, 2025, Buke shares closed at 89.34 yuan, down 0.53%, with a turnover rate of 1.69% and a trading volume of 14,200 shares, resulting in a transaction value of 129 million yuan [1]. - The fund flow on the same day showed a net outflow of 11.09 million yuan from main funds, while speculative funds saw a net inflow of 2.9 million yuan, and retail investors had a net inflow of 8.19 million yuan [1][3]. Company Announcement - The annual equity distribution plan for 2024 was approved at the shareholders' meeting on May 16, 2025, with the cash dividend distribution details as follows: - Cash dividend of 0.3 yuan per share (before tax) [1]. - The record date for shareholders is May 29, 2025, and the ex-dividend date is May 30, 2025 [1]. - Different tax treatments apply based on the type of shareholder, with specific details provided for individual and institutional investors [1].

Investment Rating - The investment rating for the company is "Buy" [3][8] Core Viewpoints - The company is a leading supplier of robot motors and industrial automation solutions in China, with a compound annual growth rate (CAGR) of 10% in revenue and 8% in net profit over the past decade [7][15] - The company's "1+N" strategy focuses on the robotics sector while expanding into medical imaging, new energy, and logistics industries [15] - The company is expected to benefit from the growth of humanoid robots, with the global market for frameless torque motors projected to exceed 30 billion yuan by 2029, with humanoid robot applications accounting for 73% [7][70] Financial Summary - Revenue projections for the company are as follows: 547 million yuan in 2024, 684 million yuan in 2025, 859 million yuan in 2026, and 1,069 million yuan in 2027, reflecting growth rates of 8.1%, 25.0%, 25.5%, and 24.4% respectively [3][8] - Net profit forecasts are 49 million yuan in 2024, 86 million yuan in 2025, 109 million yuan in 2026, and 135 million yuan in 2027, with year-on-year growth rates of -19.4%, 76.0%, 26.2%, and 24.2% respectively [3][8] - The company's earnings per share (EPS) are projected to be 0.6 yuan in 2024, 1.0 yuan in 2025, 1.3 yuan in 2026, and 1.6 yuan in 2027 [3] Business Structure - The company operates in four main industries: robotics, medical imaging equipment, machine IoT, and general automation, with two systems (drive systems and control systems) and five main products (HMI, servo, PLC, stepper, and low-voltage frequency converters) [7][18][21] - In 2024, the revenue breakdown is expected to be 39% from robotics, 29% from machine IoT, 24% from general automation, and 8% from medical imaging equipment [19][20] Market Position - The company ranks among the top five domestic brands in the human-machine interface (HMI) market, which is projected to grow steadily, with a market size of approximately 9.28 billion yuan in 2024 [2][45] - The servo system market is accelerating in domestic production, with the company being a leader in the direct current servo and mobile robot segments [2][56] Growth Drivers - The three main growth drivers for the company are robotization, globalization, and domestic substitution [7][9] - The company is expected to launch its fourth-generation frameless torque motor in 2025, which will enhance its revenue contribution [10][70]

证券代码：688160 证券简称：步科股份 公告编号：2025-035 上海步科自动化股份有限公司 2024年年度权益分派实施公告 | 股权登记日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | | 2025/5/29 | 2025/5/30 | 2025/5/30 | 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司2025 年 5 月 16 日的2024年年度股东大会审议通过。 二、 分配方案 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。 3. 分配方案： 本次利润分配以方案实施前的公司总股本84,000,000股为基数，每股派发现金 红利0.3元（含税），共计派发现金红利25,200,000元（含税）。 是否涉及差异化分红送转：否 每股分配比例 每股现金红利0.3元 相关日期 1. 发放年度：2024年年度 2. 分派对象： 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 ...

Group 1 - The stock of Buke Co., Ltd. (688160) has a comprehensive score of 44.65, indicating a weak performance [1] - The main cost analysis shows that the current main cost is 92.80 yuan, with a 5-day main cost of 95.94 yuan, a 20-day main cost of 100.32 yuan, and a 60-day main cost of 98.10 yuan [1] - In the past year, the stock has experienced 0 instances of hitting the upper limit and 1 instance of hitting the lower limit [1] Group 2 - The northbound capital data indicates a holding of 479,000 shares, accounting for 0.57% of the circulating shares, with a net purchase of 87,000 shares yesterday [1] - The 5-day and 20-day increase ratios are -0.189% and -0.776%, respectively, suggesting a decline in northbound capital interest [1] - The technical analysis indicates a short-term resistance level at 102.85 yuan and a short-term support level at 93.68 yuan, with a bearish signal from the "Three Black Crows" candlestick pattern [2] Group 3 - On May 19, 2025, the net outflow of main funds was 4.29 million yuan, representing -3% of the total transaction amount [2] - The net outflow from large orders was 912,500 yuan, while retail investors saw a net inflow of 1.8043 million yuan [2] - Related industry sectors include specialized equipment (0.95%), industrial internet (0.49%), IoT (0.76%), and medical device concepts (0.61%) [2]

Core Viewpoint - The legal opinion letter confirms that the procedures for the 2024 annual general meeting of Shanghai Buke Automation Co., Ltd. comply with relevant laws and regulations, ensuring the legitimacy of the meeting and its resolutions [2][12]. Group 1: Meeting Procedures - The board of directors decided to hold the annual general meeting on May 16, 2025, during the ninth meeting of the fifth board on April 23, 2025 [2]. - The meeting notice was published on April 25, 2025, detailing the meeting's time, location, voting methods, and agenda [3]. - The meeting was conducted using a combination of on-site and online voting, with specific time slots for each voting method [4]. Group 2: Attendance and Qualifications - The meeting was convened by the board of directors, meeting legal and regulatory requirements [5]. - Eligible attendees included shareholders registered by May 12, 2025, and their authorized representatives, along with company directors, supervisors, and appointed lawyers [5]. - A total of 43 participants represented 60,980,377 shares, accounting for 72.5956% of the total voting shares [6]. Group 3: Agenda and Voting Results - The agenda included a proposal for the board to authorize stock issuance to specific targets [8]. - The voting results showed that 60,956,783 shares approved the proposals, representing 99.9967% of the votes cast [9][10]. - Among minority investors, 3,793,337 shares voted in favor, indicating a strong majority support [10][11]. Group 4: Conclusion - The legal opinion concludes that all aspects of the meeting, including procedures, qualifications, and voting results, are in compliance with applicable laws and the company's articles of association, rendering the resolutions valid [12].

深圳市深南大道 6008 号特区报业大厦 24/31/41/42 层 邮编：518009 24/31/41/42F, Tequbaoye Building, 6008 Shennan Avenue, Shenzhen, Guangdong Province 518009, China 电话/Tel: (+86)(755) 83515666 传真/Fax: (+86)(755) 83515333 网址/Website:http://www.grandall.com.cn 邮箱/Email: grandallsz@grandall.com.cn 国浩律师（深圳）事务所 关于 上海步科自动化股份有限公司 之法律意见书 GLG/SZ/A2422/FY/2025-462 致：上海步科自动化股份有限公司 2024 年年度股东大会 本所同意将本法律意见书随公司本次股东大会的决议一起予以公告，并 依法对本所出具的法律意见承担相应的责任。 国浩律师（深圳）事务所（以下简称"本所"）接受上海步科自动化股 份有限公司（以下简称"公司"）的委托，指派律师对公司 2024 年年度股 东大会（以下简称"本次股东大会"）的相关事项进行见证 ...

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： 证券代码：688160 证券简称：步科股份 公告编号：2025-034 上海步科自动化股份有限公司 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公告内容不存在任何虚假记载、误导性陈述或 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东大会召开的时间：2025 年 5 月 16 日 （二） 股东大会召开的地点：深圳市南山区高新园北区朗山一路 6 号意中利科 技园 1 号 3 楼会议室 （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 | 43 | | --- | --- | | 普通股股东人数 | 43 | | 2、出席会议的股东所持有的表决权数量 | 60,980,377 | | 普通股股东所持有表决权数量 | 60,980,377 | | 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 | 72.5956 | | （%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | 72.5 ...