证券代码：688251 证券简称：井松智能 公告编号：2026-006 合肥井松智能科技股份有限公司 持股 5%以上股东被动减持股份计划公告 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： 大股东持股的基本情况 截止本公告日，华贸投资集团有限公司（以下简称"华贸投资"）持有 合肥井松智能科技股份有限公司（以下简称"公司"或"井松智能"）股份 7,379,775 股，占公司总股本 7.34%。上述股份来源于公司首次公开发行前 持有的股份以及 2023 年度和 2024 年度实施权益分派资本公积转增股本增 加的股份，首发限售股份已于 2023 年 6 月 6 日解除限售并上市流通。 因华贸投资与盛京银行股份有限公司天津分行之间的金融借款合同纠 纷，华贸投资所持井松智能股份自 2022 年 6 月 15 日起，先后被采取了质 押登记、司法冻结及轮候冻结等措施。 2026 年 1 月 12 日，公司收到法院出具的《执行裁定书》，裁定以集中 竞价或大宗交易方式，卖出被执行人华贸投资持有的"井松智能"股票。 ...

证券代码：688251 证券简称：井松智能 公告编号：2026-005 合肥井松智能科技股份有限公司 关于变更签字注册会计师的公告 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。 合肥井松智能科技股份有公司（以下简称"公司"）分别于 2025 年 4 月 24 日召开第二届董事会审计委员会第十三次会议、第二届董事会第十四次会议， 2025 年 5 月 16 日召开了 2024 年年度股东会，审议通过了《关于续聘容诚会计 师事务所（特殊普通合伙）为公司 2025 年度审计机构的议案》，同意聘任容诚 会计师事务所（特殊普通合伙）（以下简称"容诚"）为公司 2025 年度财务审 计机构和内部控制审计机构。具体内容详见公司于 2025 年 4 月 26 日在上海证券 交易所网站（www.sse.com.cn）披露的《井松智能关于续聘容诚会计师事务所（特 殊普通合伙）为公司 2025 年度审计机构的公告》（公告编号：2025-010）。 一、本次变更签字注册会计师的基本情况 近日，公司收到容诚出具的《关于变更合肥井松智能科技股份有限公 ...

Core Viewpoint - The company reported a preliminary financial performance for the year 2025, showing a significant increase in revenue but a decline in profit metrics compared to the previous year [1][3]. Financial Data and Indicators - Total revenue for 2025 reached RMB 1,022.04 million, representing a growth of 22.25% year-on-year [3]. - Operating profit was RMB 31.39 million, down 27.05% from the previous year [3]. - Total profit amounted to RMB 31.38 million, a decrease of 26.97% year-on-year [3]. - Net profit attributable to shareholders was RMB 33.03 million, reflecting a decline of 23.02% compared to the previous year [3]. - The net profit after deducting non-recurring gains and losses was RMB 28.12 million, down 24.65% year-on-year [3]. - Total assets at the end of the reporting period were RMB 1,601.93 million, a decrease of 6.99% from the beginning of the year [3]. - Shareholders' equity attributable to the parent company was RMB 858.73 million, an increase of 2.11% [3]. - The net asset value per share was RMB 8.54, down 11.78% from the beginning of the year [3]. Operating Performance and Financial Condition - The increase in total revenue was primarily driven by the growth in the smart warehousing logistics system business and the steady increase in revenue from key equipment such as smart picking robots (FMR) due to localized development efforts [3][4]. - Profit metrics declined due to two main factors: low gross margins on large projects completed during the reporting period and increased competition in the smart warehousing industry, which pressured bidding prices and compressed profit margins [4]. - Additionally, the expansion of business scale, deepening of R&D innovation, and future capacity layout led to increased sales, management, and R&D expenses compared to the previous year, primarily due to hiring costs for market expansion and technological support [4].

Core Viewpoint - The company reported a total operating revenue of 1.022 billion yuan for the fiscal year 2025, reflecting a year-on-year growth of 22.25% [1] - However, the net profit attributable to the parent company decreased by 23.02% to 33.03 million yuan, and the net profit after deducting non-recurring gains and losses fell by 24.65% to 28.12 million yuan [1] Revenue Performance - The increase in total operating revenue is attributed to the sustained growth in the smart warehousing and logistics system business [1] - Revenue from key equipment business, represented by smart picking robots (FMR), also saw an increase due to the deepening of regional offices and local layout [1]

Core Viewpoint - The company reported a total operating revenue of 1.022 billion yuan for the fiscal year 2025, reflecting a year-on-year growth of 22.25% [1] - However, the net profit attributable to the parent company decreased by 23.02% to 33.03 million yuan, and the net profit after deducting non-recurring gains and losses fell by 24.65% to 28.12 million yuan [1] Revenue Growth - The increase in total operating revenue is attributed to the continuous growth in the smart warehousing and logistics system business [1] - Revenue from key equipment business, represented by smart picking robots (FMR), also saw an increase due to the deepening of regional offices and local layout [1]

Group 1 - The core point of the article is that Jingsong Intelligent announced its financial results for the fiscal year 2025, reporting a total operating revenue of 1,022,038,531.35 yuan, which represents a year-on-year growth of 22.25% [2] - The net profit attributable to the parent company's shareholders for the same period is reported to be 33,032,764.23 yuan [2]

Financial Performance - Total revenue for 2025 reached RMB 1,022,038,531.35, an increase of 22.25% compared to RMB 836,027,985.42 in the previous year[3] - Operating profit decreased by 27.05% to RMB 31,389,465.78 from RMB 43,027,291.80 year-on-year[3] - Net profit attributable to shareholders of the parent company was RMB 33,032,764.23, down 23.02% from RMB 42,912,339.81 in the previous year[3] - Basic earnings per share decreased by 23.26% to RMB 0.33 from RMB 0.43 in the previous year[3] - The company’s net asset per share decreased by 11.78% to RMB 8.54 from RMB 9.68 at the beginning of the period[3] Assets and Equity - The total assets at the end of the reporting period were RMB 1,601,927,703.68, a decrease of 6.99% from the beginning of the period[3] - The equity attributable to shareholders of the parent company increased by 2.11% to RMB 858,733,328.04 from RMB 840,960,984.68 at the beginning of the period[3] Market and Operational Challenges - The decline in profit indicators was primarily due to lower gross margins on large projects and increased competition in the smart warehousing industry[6] - Sales, management, and R&D expenses increased due to market expansion and recruitment for technological innovation[6] Revenue Drivers - The revenue growth was driven by the continuous increase in smart warehousing logistics system business and key equipment business, particularly the smart picking robots (FMR)[5]

Core Insights - The company announced a total operating revenue of 1.022 billion yuan for the fiscal year 2025, representing a year-on-year growth of 22.25% [1] - Net profit for the same period was 33.03 million yuan, showing a decline of 23.02% compared to the previous year [1] Revenue Growth - The increase in operating revenue is attributed to the sustained growth in the smart warehousing logistics system business [1] - Revenue from key equipment business, particularly the smart picking robots (FMR), has also increased due to the deepening of regional offices and the steady progress of localization [1]

Industry Overview - The Chinese automated warehouse equipment industry is transitioning from rapid expansion to high-quality development, with a market size projected to reach approximately 43.52 billion yuan in 2024, reflecting a year-on-year growth of 12.52% [1][9] - The fundamental purpose of investing in automated warehouse equipment is shifting from "storing goods" to "optimizing processes," aiming for cost reduction through semi/full automation and intelligence [1][9] - The current trend involves upgrading traditional high-rise warehouses to automated storage and retrieval systems (AS/RS), integrating shuttle cars, AGVs, and WMS systems [1][9] Market Size - The area of automated warehouses in China is expected to reach about 450 million square meters in 2024, with a year-on-year growth of 4.65% [6][7] - The growth in warehouse area directly reflects strong demand in industrial production, e-commerce logistics, and cold chain transportation, leading to increased equipment renovation and system integration needs [7][9] Industry Chain - The upstream of the automated warehouse equipment industry includes raw materials and components such as steel, aluminum alloys, sensors, and PLCs [4] - The midstream involves the manufacturing and system integration of automated warehouse equipment, while the downstream applications span various sectors including e-commerce, pharmaceuticals, and renewable energy [4] Key Companies - Leading companies in the industry include Qingdao Maoyuan, Kunshan Intelligent, and Beizi Technology, which dominate large complex projects due to their strong capital and technical backgrounds [9] - Companies like Jiangsu Liuwi and Hefei Jingsong are recognized for their dynamic market presence, transitioning from equipment manufacturing to solution providers [9] Industry Development Trends 1. The future of automated warehouses will evolve beyond simple "automated storage and retrieval" functions to become "intelligent warehouse brains" with capabilities for perception, decision-making, and execution [11] 2. Market demand is shifting from general scenarios to high-growth niche industries such as new energy vehicles and biomedicine, leading to customized solutions [12] 3. The focus of market competition is shifting from equipment sales to providing comprehensive intelligent warehouse solutions, which will concentrate resources among leading system integrators [13][14]

Group 1 - The company has won the bid for the "Southwest Aluminum (Group) Co., Ltd. High-Performance Wide Alloy Plate and Strip Production Line Project - Elevated Intelligent Warehouse for Coils" [2] - As the general contractor, the company will provide comprehensive solutions including overall process layout design, core storage equipment supply, and installation and debugging of the entire warehouse [2] - This project is considered a significant benchmark case in the metallurgical industry, showcasing the company's comprehensive technical capabilities in providing intelligent storage solutions in complex industrial scenarios [2] Group 2 - The project has high technical difficulty, requiring precise storage and retrieval of coils and high system stability [2] - The company is actively advancing the contract signing process with the client [2] - The project is expected to have a positive impact on the company's future performance, although the specific profit contribution remains uncertain [2]