Market Overview - The Shanghai Composite Index closed at 3399.77 points, above the six-month moving average, with a gain of 0.43% [1] - The total trading volume of A-shares reached 13126.55 billion yuan [1] Stocks Breaking the Six-Month Moving Average - A total of 220 A-shares have surpassed the six-month moving average today [1] - Notable stocks with significant deviation rates include: - Qitian Technology: 8.76% deviation, closing price at 14.00 yuan, with a daily gain of 16.86% and turnover rate of 21.88% [1] - Haochen Medical: 8.62% deviation, closing price at 3.12 yuan, with a daily gain of 9.86% and turnover rate of 7.25% [1] - Guangyun Technology: 8.13% deviation, closing price at 14.22 yuan, with a daily gain of 9.89% and turnover rate of 6.59% [1] Additional Stocks with Minor Deviations - Stocks with smaller deviation rates that have just crossed the six-month moving average include: - CITIC Special Steel: minor deviation, closing price at 20.30 yuan, with a daily gain of 10.69% [1] - Nanda Optoelectronics: minor deviation, closing price at 36.44 yuan, with a daily gain of 9.99% [1] -沃尔核材: minor deviation, closing price at 25.41 yuan, with a daily gain of 11.75% [1]

Core Insights - The Chinese programmable logic controller (PLC) market is projected to reach 17.66 billion yuan in 2024, reflecting a year-on-year growth of 14.45% [1][11] - The demand structure indicates a divergence in the market, with traditional industries experiencing weakness while emerging sectors show significant growth [1][11] - Key sectors driving demand include traditional heavy industries like automotive, power, metallurgy, and transportation, alongside emerging fields such as renewable energy and lithium battery production [1][11] Industry Overview - PLCs are digital electronic systems designed for industrial environments, capable of executing various control tasks through programmable memory [1][4] - The PLC industry has evolved through four main stages: initial development, application introduction, domestic production growth, and deep localization [4][5][6] Industry Development History - The initial development phase began in the mid-1970s, with the first PLCs being developed and applied in China [4] - The 1990s saw a heavy reliance on imported PLCs, with domestic production lagging due to high costs and long return periods [5] - The early 2000s marked a surge in demand driven by manufacturing growth, leading to the entry of domestic players into the PLC market [5] - Recent years have seen a focus on self-sufficiency and the development of core technologies in response to international pressures [6] Industry Supply Chain - The upstream supply chain includes essential components such as chips, electronic components, and integrated circuits, with chips being the core part affecting PLC performance [8] - The downstream applications span various industries, including power, metallurgy, chemicals, and transportation [9] Current Industry Status - The PLC market is experiencing strong growth, driven by industrial automation needs, with a projected market size of 17.66 billion yuan in 2024 [11] - Demand is increasing in traditional sectors while emerging industries like semiconductor manufacturing and industrial robotics are also contributing to market growth [11][13] Key Companies - Major foreign brands like Siemens, Mitsubishi, and Omron dominate the high-end market, while domestic brands are gaining traction in the small PLC segment [15] - Companies such as Inovance Technology and Zhong控 Technology are notable players, focusing on innovation and market penetration [16][18] Industry Trends - The PLC market is expected to continue growing, driven by demand in sectors like renewable energy and smart grids [20] - Technological advancements will lead to smarter, more integrated PLC systems capable of real-time optimization and enhanced compatibility with other devices [21][22] - The application of PLCs is expanding into new areas such as smart transportation and environmental management, reflecting changing market needs [23]

Group 1 - The core viewpoint of the articles highlights the positive operational developments of listed companies in the second quarter of 2025, showcasing advancements in various sectors such as semiconductors, robotics, new energy, and new materials [2][3] - Companies are actively sharing updates on project progress, new technologies, and orders, indicating a trend of industrial upgrades and strategic transformations [2][3] - High-growth sectors continue to exhibit strong growth momentum, while cyclical industries are seeking balance amid supply-demand adjustments [3] Group 2 - Chip companies are benefiting from the AI industry, with interconnect chip orders exceeding RMB 12.9 billion as of April 22, 2025, and expectations for significant growth in DDR5 memory interface chip demand [4] - Traditional cyclical industries like coal and chemicals are showing resilience through cost control and structural optimization, with companies like Guanghui Energy anticipating stabilization in coal prices due to various market factors [4][5] - Manufacturing companies are focusing on improving production efficiency and meeting customer demands, with firms like Xinqianglian and Guangxin Materials reporting strong order backlogs and plans for product launches [5] Group 3 - Many listed companies are already building momentum for annual revenue growth, particularly in emerging sectors like new energy and robotics, with plans for market expansion and quality enhancement through mergers and acquisitions [6] - Companies like Longmag Technology are localizing raw material supply to reduce production costs and enhance supply chain stability [6] - Hechuan Technology is actively developing humanoid robots and plans to launch new products in the second half of 2025 [6] Group 4 - The new merger regulations have made acquisitions a key strategy for A-share companies to optimize resource allocation, with firms like Chenhua Co. targeting investments in new materials and fine chemical agents [7] - Guoxing Optoelectronics is focusing on upstream and downstream opportunities in the LED and optical sensing sectors, while Zhenbaodao is exploring new industries through asset acquisitions [7] - Huichuan Technology is looking for overseas acquisition opportunities, concentrating on automation, digitalization, and intelligent sectors that align with its core business [7]

Core Points - The company held the eighth meeting of the fifth supervisory board on May 22, 2025, to discuss the stock incentive plan [1][2] - The supervisory board confirmed that the company meets the qualifications to implement the stock incentive plan and that the conditions for granting restricted stocks have been fulfilled [1][2] - The grant date for the incentive plan was set for May 22, 2025, with unanimous approval from all supervisory board members [2] Summary by Sections - **Meeting Details** - The meeting was chaired by the supervisory board chairman, Ye Yajian, with all three supervisors present, meeting legal requirements [1] - **Incentive Plan Approval** - The supervisory board reviewed and approved the conditions for granting restricted stocks, confirming compliance with relevant laws and regulations [1] - The incentive plan's grant date aligns with the regulations set forth in the stock incentive management measures and the company's draft plan [2] - **Voting Results** - The voting outcome was 3 in favor, representing 100% of the supervisory board members, with no abstentions or objections [2]

浙江禾川科技股份有限公司 2025 年限制性股票激励计划激励对象名单 浙江禾川科技股份有限公司 2025 年限制性股票激励计划授予的激励对象名单 （截至授予日） | 姓名 | 国籍 | 职务 | 获授的限制性 股票数量（万 | 占授予限制性 股票总数的比 | 占本激励计 划草案公告 | | --- | --- | --- | --- | --- | --- | | | | | 股） | 例 | 时股本总额 的比例 | | 鄢鹏飞 | 中国 | 董事、副总裁、核心 技术人员 | 20.00 | 7.69% | 0.13% | | 叶云青 | 中国 | 财务总监 | 3.00 | 1.15% | 0.02% | | 李波 | 中国 | 核心技术人员 | 2.00 | 0.77% | 0.01% | | 张宇 | 中国 | 核心技术人员 | 2.00 | 0.77% | 0.01% | | | 核心骨干人员（114 | 人） | 233.23 | 89.62% | 1.54% | | | 合计（共 | 118 人） | 260.23 | 100.00% | 1.72% | 注：1、本激励计划中任何一名激励对象通过全 ...

2、最近 12 个月内被中国证监会及其派出机构认定为不适当人选； 浙江禾川科技股份有限公司 激励对象名单的核查意见（截至授予日） 浙江禾川科技股份有限公司（以下简称"公司"）监事会依据《中华人民共和 国公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》（以下简称 "《证券法》"）、《上市公司股权激励管理办法》（以下简称"《管理办法》"）、 《上海证券交易所科创板股票上市规则》（以下简称"《上市规则》"）、《科创 板上市公司信息披露业务指南第 4 号——股权激励信息披露》等相关法律、法规及 规范性文件和《浙江禾川科技股份有限公司章程》（以下简称"《公司章程》"） 的有关规定，对公司 2025 年限制性股票激励计划（以下简称"本激励计划"）授予 激励对象名单（截至授予日）进行了核查，发表核查意见如下： 一、本激励计划授予的激励对象均不存在《管理办法》规定的不得成为激励对 象的情形： 监事会关于公司 2025 年限制性股票激励计划 1、最近 12 个月内被证券交易所认定为不适当人选； 3、最近 12 个月内因重大违法违规行为被中国证监会及其派出机构行政处罚或 者采取市场禁入措施； 4、具有《公司法》规定的 ...

证券代码：688320 证券简称：禾川科技 公告编号：2025-036 授予限制性股票的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏，并对其内容的真实性、准确性和完整性承担 法律责任。 重要内容提示： 限制性股票授予日：2025 年 5 月 22 日 限制性股票授予数量：260.23 万股，占授予时公司股本总额 15,101.37 万股的 1.72% 根据《上市公司股权激励管理办法》（以下简称"《管理办法》"）《浙江 禾川科技股份有限公司 2025 年限制性股票激励计划》（以下简称"《激励计划》" 或"本激励计划"）及其摘要的相关规定及公司 2025 年第一次临时股东会的授 权，公司和激励对象符合公司《激励计划》授予条件的规定，本激励计划的授予 条件已经成就。公司于 2025 年 5 月 22 日召开的第五届董事会第十二次会议、第 五届监事会第八次会议，审议通过了《关于向激励对象授予限制性股票的议案》， 确定 2025 年 5 月 22 日为授予日，以 21.82 元/股的授予价格向 118 名激励对象授 予 260.23 万股限制性股票。现将有关事项说明如 ...

上海市广发律师事务所 关于浙江禾川科技股份有限公司 2025 年限制性股票激励计划授予事项的 法律意见 上海市广发律师事务所（以下简称"本所"）接受浙江禾川科技股份有限公 司（以下简称"公司"）的委托，作为其实行 2025 年限制性股票激励计划事项（以 下简称"本次股权激励计划"）的专项法律顾问，根据《中华人民共和国证券法》 （以下简称"《证券法》"）、《中华人民共和国公司法》（以下简称"《公司法》"）、 中国证券监督管理委员会（以下简称"中国证监会"）颁布的《上市公司股权激 励管理办法》（以下简称"《管理办法》"）、上海证券交易所发布的《上海证券交 易所科创板股票上市规则》（以下简称"《上市规则》"）、《科创板上市公司自律 监管指南第 4 号——股权激励信息披露》（以下简称"《自律监管指南》"）等法 律、法规、规范性文件以及《浙江禾川科技股份有限公司章程》（以下简称"《公 司章程》"）的规定，并按照律师行业公认的业务标准、道德规范和勤勉尽责精神 出具本法律意见。 本所依据本法律意见出具日以前已发生或存在的事实和我国现行法律、法规 和中国证监会的有关规定发表法律意见，并声明如下：本所及经办律师依据《证 券法》 ...

浙江禾川科技股份有限公司（以下简称"公司"）于 2025 年 5 月 22 日在公司会 议室召开。会议由监事会主席叶亚剑主持，会议应到监事 3 名，实到监事 3 名，符 合《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国证券 法》（以下简称"《证券法》"）和《浙江禾川科技股份有限公司章程》（以下简称"《公 司章程》"）有关规定。 全体监事以记名投票表决方式审议并通过《关于向激励对象授予限制性股票的 议案》 证券代码：688320 证券简称：禾川科技 公告编号：2025-038 浙江禾川科技股份有限公司 第五届监事会第八次会议决议公告 本公司及监事会全体成员保证公告内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏，并对其内容的真实性、准确性和完整性承担 法律责任。 特此公告。 浙江禾川科技股份有限公司监事会 2025 年 5 月 23 日 《2025 年限制性股票激励计划（草案）》及其摘要中有关授予日的相关规定。 因此，监事会同意公司本次激励计划的授予日为 2025 年 5 月 22 日，并同意以 21.82 元/股的授予价格向 118 名激励对象授予 260.23 万股限制性股 ...

浙江禾川科技股份有限公司 第五届董事会第十二次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏，并对其内容的真实性、准确性和完整性承担 法律责任。 证券代码：688320 证券简称：禾川科技 公告编号：2025-037 浙江禾川科技股份有限公司（以下简称"公司"）于 2025 年 5 月 22 日在会议室召 开第五届董事会第十二次会议。会议由董事长王项彬主持，会议应到董事 11 名，实 到董事 11 名，符合《中华人民共和国公司法》（以下简称"《公司法》"）、《中 华人民共和国证券法》（以下简称"《证券法》"）和《浙江禾川科技股份有限公 司章程》（以下简称"《公司章程》"）有关规定。 与会董事审议并以记名投票表决方式审议并通过《关于向激励对象授予限制性 股票的议案》 根据《上市公司股权激励管理办法》《科创板上市公司自律监管指南第 4 号— —股权激励信息披露》《浙江禾川科技股份有限公司 2025 年限制性股票激励计划（草 案）》及其摘要的相关规定和公司 2025 年第一次临时股东会的授权，董事会认为公 司 2025 年限制性股票激励计划规定的授予条件已经 ...