Core Viewpoint - The company has successfully launched composite metal tendon ropes suitable for humanoid robot dexterous hands and other parts, resulting in small batch orders [1] Group 1: Product Development - The company promotes composite tungsten wire tendon ropes designed for high flexibility requirements of dexterous hands, featuring a very small bending radius [1] - The unique molecular structure design of the composite tungsten wire tendon ropes provides superior wear resistance and fatigue performance [1] Group 2: Market Recognition and Collaboration - The product offers reliable, durable, and precise power transmission solutions for humanoid robot dexterous hands, receiving high recognition from customers [1] - The company has entered trials with multiple robotics-related enterprises and has engaged in in-depth R&D collaborations with leading domestic companies [1]

证券代码：688556 证券简称：高测股份 公告编号：2025-070 重要内容提示： （一）赎回条件的满足情况 关于 "高测转债" 赎回结果暨股份变动的公告 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。 青岛高测科技股份有限公司 青岛高测科技股份有限公司（以下简称"公司"）股票自2025年7月28日至2025 年8月15日已有15个交易日的收盘价不低于当期转股价格的130%（即9.58元/股）， 公司股票已满足连续三十个交易日中至少有十五个交易日的收盘价不低于"高测 转债"当期转股价格的130%，根据《青岛高测科技股份有限公司向不特定对象发 行可转债公司债券募集说明书》（以下简称"《募集说明书》"）的约定，已触发"高 测转债"有条件赎回条款。 （二）本次可转债赎回事项公告披露情况 公司于2025年8月15日召开第四届董事会第十三次会议审议通过了《关于提 前赎回"高测转债"的议案》决定行使"高测转债"的提前赎回权，提前赎回发行在 外的全部"高测转债"。具体内容详见公司于2025年8月16日在上海证券交易所网 站（www. ...

Core Viewpoint - The company has successfully launched composite metal tendons suitable for humanoid robot dexterous hands and other parts, resulting in small batch orders [1] Group 1: Product Development - The company promotes composite tungsten wire tendons to meet the high flexibility requirements of dexterous hands [1] - Composite tungsten wire tendons feature a very small bending radius and a unique molecular structure design that offers superior wear resistance and fatigue performance [1] Group 2: Market Recognition - The new tendon solution provides reliable, durable, and precise power transmission, receiving high recognition from customers [1] - The product has entered trial use with multiple robotics-related enterprises and has initiated in-depth R&D cooperation with leading domestic companies [1]

| 证券代码：688556 | 证券简称：高测股份 | 公告编号：2025-069 | | --- | --- | --- | | 转债代码：118014 | 转债简称：高测转债 | | 青岛高测科技股份有限公司 关于实施"高测转债"赎回暨摘牌的最后一次提示性 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。 重要内容提示： 赎回登记日：2025年9月8日 赎回价格：100.1742元/张 赎回款发放日：2025年9月9日 最后交易日：2025年9月3日 自2025年9月4日起，"高测转债"停止交易。 最后转股日：2025年9月8日 截至2025年9月5日收市后，距离2025年9月8日（"高测转债"最后转股日）仅 剩1个交易日，2025年9月8日为"高测转债"最后一个转股日。 本次提前赎回完成后，"高测转债"将自2025年9月9日起在上海证券交易所摘 牌。 投资者所持可转债除在规定时限内按照7.37元/股的转股价格进行转股外，仅 能选择以100元/张的票面价值加当期应计利息（即100.1742元/张）被强制赎 回。若被 ...

Core Viewpoint - The report outlines the ongoing supervision of Qingdao High Measurement Technology Co., Ltd. by CITIC Construction Investment Securities Co., Ltd., highlighting the company's significant financial decline and the challenges faced in the photovoltaic industry [1][2][3]. Continuous Supervision Work - CITIC Construction Investment has established a comprehensive supervision system for High Measurement Technology, ensuring compliance with regulations and effective communication [1]. - The company has not reported any violations or breaches of commitments during the supervision period [2]. - Regular assessments and checks have been conducted to ensure adherence to laws and regulations, as well as to maintain effective internal controls [1][2]. Financial Performance - For the first half of 2025, the company reported a revenue of 1.45 billion yuan, a decrease of 45.16% year-on-year, and a net loss of 0.89 billion yuan, representing a 132.47% decline [6][8]. - The company's core business remains focused on the photovoltaic industry, which is currently experiencing a downturn, impacting revenue and profitability [6][8]. Industry Challenges - The photovoltaic industry is undergoing significant adjustments, with overall price declines leading to widespread losses across the supply chain [6][8]. - The company faces risks related to its core competitiveness, particularly if there are major technological shifts in the industries it serves, such as photovoltaics and semiconductors [3][4]. Risk Factors - The company is exposed to various risks, including significant declines in performance, core competitiveness risks, operational risks due to high customer concentration, and financial risks related to accounts receivable [5][6][8]. - The ongoing volatility in the photovoltaic sector may lead to further challenges in order fulfillment and cash flow management [6][8]. Research and Development - The company maintains a strong focus on R&D, with a commitment to enhancing its technological capabilities and product offerings [10][12]. - R&D expenditures for the reporting period were 89.42 million yuan, reflecting a strategic optimization of research projects [12][13]. Competitive Advantages - The company leverages its integrated service model, providing cutting equipment, consumables, and processing services, which enhances customer loyalty and market competitiveness [10][11]. - Strong partnerships with leading firms in the photovoltaic sector support the company's innovation and market presence [11][12].

Core Insights - In the past 10 days (from August 22 to September 4), overseas institutions conducted research on 346 listed companies, with Lens Technology being the most scrutinized, receiving attention from 72 overseas institutions [1] - A total of 885 companies were researched by institutions during this period, with securities companies leading at 856, followed by fund companies at 740, and overseas institutions at 346 [1] - The average stock price of companies researched by overseas institutions fell by 0.67% over the past 10 days, with notable gainers including Haon Automotive and Tianfu Communication, which saw increases of 61.38% and 45.04%, respectively [1] Company Focus - Lens Technology was the most researched company, with 72 overseas institutions participating in its research [1] - Tianfu Communication followed closely with 59 overseas institutions involved in its research [1] - Haon Automotive had the highest stock price increase among researched companies, with a rise of 61.38% [1] Stock Performance - Among the researched stocks, 219 experienced price declines, with the largest drop being 20.59% for Gaoce Co., Ltd [1] - The average stock price change for companies researched by overseas institutions was a decrease of 0.67% [1] - The stock price of Lens Technology increased by 6.56% during the research period [3]

Core Points - The announcement from Gaoce Co., Ltd. indicates that investors holding convertible bonds can either continue trading in the secondary market or convert at a price of 7.37 CNY per share [2] - If investors do not take action within the specified timeframe, they may face forced redemption at a face value of 100 CNY per bond plus accrued interest, totaling 100.1742 CNY per bond [2] - The company warns that forced redemption could lead to significant investment losses for bondholders, urging them to convert or sell to avoid potential losses [2]

| 证券代码：688556 | 证券简称：高测股份 | 公告编号：2025-068 | | --- | --- | --- | | 转债代码：118014 | 转债简称：高测转债 | | 青岛高测科技股份有限公司 关于实施"高测转债"赎回暨摘牌的第九次提示性公 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。 重要内容提示： 特提醒"高测转债"持有人注意在期限内转股或卖出，以避免可能出现的投 资损失。 赎回登记日：2025年9月8日 赎回价格：100.1742元/张 赎回款发放日：2025年9月9日 最后交易日：2025年9月3日 自2025年9月4日起，"高测转债"停止交易。 最后转股日：2025年9月8日 截至2025年9月4日收市后，距离2025年9月8日（"高测转债"最后转股日）仅 剩2个交易日，2025年9月8日为"高测转债"最后一个转股日。 本次提前赎回完成后，"高测转债"将自2025年9月9日起在上海证券交易所摘 牌。 投资者所持可转债除在规定时限内通过二级市场继续交易或按照7.37元/股 的转股价格进行转 ...

中信建投证券股份有限公司 关于青岛高测科技股份有限公司 2025 年半年度持续督导跟踪报告 | 保荐人名称：中信建投证券股份有限公司 | 上市公司名称：青岛高测科技股份有限公司 | | --- | --- | | 保荐代表人姓名：陈昶 | 联系方式：021-68804278 | | | 联系地址：上海市浦东新区浦东南路 528 号 | | | 证券大厦北塔 2206 室 | | 保荐代表人姓名：张世举 | 联系方式：021-68801563 | | | 联系地址：上海市浦东新区浦东南路 号 528 | | | 证券大厦北塔 2206 室 | 中信建投证券股份有限公司（以下简称"中信建投证券"、"保荐人"）作为 青岛高测科技股份有限公司（以下简称"高测股份"、"公司"）2022 年度向特定 对象发行股票的持续督导机构，根据《上海证券交易所科创板股票上市规则》等 相关规定，对高测股份进行持续督导。2025 年半年度，中信建投证券对高测股份 的持续督导工作情况总结如下： | 序号 | 工作内容 | 持续督导情况 | | --- | --- | --- | | 1 | 建立健全并有效执行持续督导工作制度，并针对 | ...

Group 1 - The core point of the announcement is that Gaoce Co., Ltd. will redeem its convertible bonds ("Gaoce Convertible Bonds") early, with the last conversion date set for September 8, 2025, and the bonds will be delisted from the Shanghai Stock Exchange on September 9, 2025 [2] - Investors can either continue trading the convertible bonds in the secondary market within the specified time or convert them at a price of 7.37 yuan per share [2] - If investors do not take action, they will face a forced redemption at a face value of 100 yuan per bond plus accrued interest, totaling 100.1742 yuan per bond, which may lead to significant investment losses [2]