Company Overview - An investment fund, Anhui Anyuan Investment Fund Co., Ltd., holds approximately 10.021% of the total shares of Jingsong Intelligent Technology Co., Ltd., equating to about 10.1 million shares [1] - The shares were acquired from pre-IPO holdings and through capital reserve increases from the 2023 and 2024 equity distribution [1] Shareholding and Reduction Plan - Anhui Anyuan plans to reduce its holdings by up to 2.7 million shares within three months after fulfilling the pre-disclosure obligations, with a maximum of approximately 1.01 million shares in any consecutive 30-day period [1] Financial Performance - For the fiscal year 2024, Jingsong Intelligent's revenue composition is projected to be 96.73% from the high-end equipment manufacturing sector and 3.27% from other businesses [1] - The current market capitalization of Jingsong Intelligent is 3 billion yuan [1]

合肥井松智能科技股份有限公司 持股 5%以上股东减持股份计划公告 证券代码：688251 证券简称：井松智能 公告编号：2025-035 | 安徽安元投资基金有限公司 | | --- | | 股东名称 | 1 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： 大股东持有的基本情况 截止本公告日，安徽安元投资基金有限公司（以下简称"安元投资"）持有 合肥井松智能科技股份有限公司（以下简称"公司"）股份 10,095,370 股，占 公司总股本 10.0210%。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。 减持计划的主要内容 根据自身经营需要，安元投资严格遵守《证券法》《上海证券交易所科创板 股票上市规则》《上市公司股东减持股份管理暂行办法》《上市公司创业投资基金 股东减持股份的特别规定（2020 年修订）》，计划在履行减持股份预先披露义务 的十五个交易日后 ...

Core Viewpoint - The company Jing Song Intelligent (688251.SH) announced that its shareholder Anyuan Investment plans to reduce its holdings by up to 2.6801% of the total share capital through centralized bidding from October 29, 2025, to January 28, 2026 [1] Summary by Category - **Shareholder Action** - Anyuan Investment intends to reduce its shareholding by a maximum of 2.7 million shares [1] - The reduction represents up to 2.6801% of the company's total share capital [1]

人民财讯9月28日电，井松智能(688251)9月28日晚间公告，安徽安元投资基金有限公司(简称"安元投 资")持有公司10.02%股份，计划通过集中竞价方式，减持不超过270万股，即不超过公司总股本2.68%。 ...

Group 1 - The stock of Jingsong Intelligent (688251) closed at 29.90 yuan on September 26, with a significant increase of 15.76% and a trading volume of 2.70 billion yuan [2] - The stock was listed on the daily trading list due to its closing price increase of 15% [2] - The top five trading departments accounted for a total transaction amount of 1.37 billion yuan, with a net buying amount of 520.98 million yuan [2] Group 2 - The main capital inflow for the stock was 19.66 million yuan throughout the day [3] - The top buying department included an institutional special seat with a purchase amount of 46.26 million yuan [3] - The top selling department also included an institutional special seat with a selling amount of 16.42 million yuan [3]

Core Insights - The article highlights the rapid technological advancements and product innovations at Jingsong Intelligent, particularly in the field of smart logistics, driven by a combination of technology, market demand, and supportive policies [1][2][5] Group 1: Technological Advancements - Jingsong Intelligent has successfully implemented a complex smart warehousing system that enhances logistics efficiency, achieving operational readiness in just 20 days [1] - The company is set to launch the next-generation X-FMR intelligent fork robot by the end of 2024, marking a significant technological upgrade from traditional AGVs to AMRs, improving operational efficiency and reducing labor costs [1][2] - The development of the ultra-heavy FMR signifies a breakthrough in high-end equipment, overcoming long-standing foreign monopolies and supporting national supply chain security [2] Group 2: Market Dynamics - The demand for automation in logistics is increasing due to rising labor costs and the diminishing demographic dividend, indicating a clear shift towards "forklift automation" [2] - Jingsong Intelligent is expanding its market presence, having entered new regions such as Spain, Indonesia, and Russia, while maintaining its traditional markets in Southeast Asia [3][4] Group 3: Production Capacity and Strategy - The company has initiated the construction of a production line capable of producing 10,000 sets of smart logistics equipment annually, projected to generate an annual output value of approximately 1.6 billion yuan [5] - This capacity expansion is crucial for meeting the growing domestic and international market demands, ensuring timely market opportunities [5] Group 4: Policy Support - The Chinese government has been actively promoting the digital transformation of the logistics industry, with policies aimed at advancing smart warehousing and automated guided vehicles [5] - The smart logistics market in China is expected to exceed 1.3 trillion yuan by 2025, with a compound annual growth rate of 24% [5] Group 5: Future Outlook - Jingsong Intelligent is pursuing the development of wheeled humanoid robots, with the first prototype expected to be validated by 2025, signaling a strategic shift towards the broader general-purpose robotics market [3] - Continuous technological innovation and exceptional service are deemed essential for maintaining a competitive edge in the increasingly crowded smart logistics sector [6]

Group 1 - The core viewpoint of the news is the collaboration between COFCO Coca-Cola and Jingsong Intelligent to establish a leading smart factory, with a total investment of 1 billion yuan [1] - The project aims to meet an annual production capacity demand of 1.129 million tons, utilizing advanced smart warehousing systems and integrating AI with innovative robotics [1][2] - Jingsong Intelligent was awarded the bid for the AGV project for the new warehouse of COFCO Coca-Cola in Shaanxi, completing the smart deployment in just 20 days despite challenging site conditions [1] Group 2 - The smart warehousing system employs various advanced technologies, including intelligent unmanned forklift technology, IoT sensing technology, and central control management, to automate the entire process from raw material storage to product delivery [2] - The system ensures traceability and reliability of data through a unique code for each pallet, supporting the creation of a high-end smart factory that is intelligent, safe, visible, and green [2] - Jingsong Intelligent views this partnership as the beginning of broader collaborations across different industries, aiming to expand the boundaries of intelligent applications [2]

Core Insights - The report from Donghai Securities highlights a significant growth forecast for the sales of unmanned forklifts in China, predicting an increase from approximately 24,500 units in 2024 to 74,100 units by 2027, with a penetration rate rising from 1.9% to 5% [1][3] Investment Recommendations - Unmanned forklifts represent a fusion of forklift and unmanned driving technology, enabling efficient material flow between production stages and supporting the intelligent upgrade of warehouse logistics [2] - The deployment of unmanned forklifts can yield a return on investment within 1-2 years, replacing 2-3 forklift drivers and saving annual labor costs of 150,000 to 300,000 yuan [2] Market Trends - The unmanned forklift market is entering an accelerated penetration phase, driven by technological advancements, cost reductions, and expanding application scenarios, with the market size expected to exceed 13.3 billion yuan by 2027, more than double that of 2024 [3] - The current market is in the early stages of large-scale application, transitioning from "early adoption" to a "golden phase of accelerated penetration" [3] Company Focus - Attention is drawn to leading domestic forklift companies actively engaging in the smart logistics and robotics sector, which is expected to reshape the competitive landscape of the logistics industry [3] - Key companies to watch include Anhui Heli, Hangcha Group, Zhongli Co., Jingsong Intelligent, and Geek+ due to their strong brand recognition, overseas presence, and robust R&D capabilities [3]

Group 1 - The core viewpoint of the news is that Jingsong Intelligent has shown mixed financial performance, with a slight increase in revenue but a significant drop in net profit [2] - As of August 29, Jingsong Intelligent's stock price increased by 0.08%, with a trading volume of 72 million yuan, and a net financing outflow of approximately 423.61 thousand yuan [1] - The company's financing balance is at 62.86 million yuan, accounting for 4.28% of its market capitalization, indicating a high level of financing activity compared to the past year [1] Group 2 - As of June 30, the number of shareholders for Jingsong Intelligent increased by 5.37% to 4,887, while the average circulating shares per person decreased by 5.10% to 10,577 shares [2] - For the first half of 2025, Jingsong Intelligent reported a revenue of 357 million yuan, representing a year-on-year growth of 3.18%, but the net profit attributable to shareholders dropped by 98.05% to 49.87 thousand yuan [2] - Since its A-share listing, Jingsong Intelligent has distributed a total of 36.83 million yuan in dividends [3]

华安证券股份有限公司 关于合肥井松智能科技股份有限公司 2025年半年度持续督导跟踪报告 华安证券股份有限公司（以下简称"华安证券"或"保荐机构"）作为合肥 井松智能科技股份有限公司（以下简称"井松智能"或"公司"）首次公开发行 股票并在科创板上市及持续督导的保荐机构，根据《证券发行上市保荐业务管理 办法》《上海证券交易所科创板股票上市规则》《上海证券交易所上市公司自律 监管指引第 11 号——持续督导》等有关规定，履行持续督导职责，并对井松智 能 2025 年 1-6 月持续督导期内工作，出具 2025 年半年度持续督导跟踪报告。 一、持续督导工作情况 | 工作内容 | 持续督导情况 | 保荐机构已建立健全并有效执行 | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1、建立健全并有效执行持续督导工作制度，并针对具体的 | 持续督导工作制度，并针对具体 | 持续督导工作制定相应的工作计划。 | 的持续督导工作制定相应的工作 | | | ...