Core Points - Shenzhen Xinyuren Technology Co., Ltd. has received a letter from its sponsor, Guolian Minsheng Securities, regarding the change of the continuous supervision sponsor representative [1][2] - The original sponsor representatives, Mr. Fu Defu and Ms. Zhu Xiaojie, were responsible for the company's initial public offering (IPO) project and continuous supervision until December 31, 2026 [1] - Due to a job change, Mr. Fu Defu will no longer serve in this role, and Mr. Kan Xuxing has been appointed as the new sponsor representative to ensure the orderly continuation of supervision [1][2] Summary by Sections - **Change of Sponsor Representative** - The continuous supervision sponsor representatives for the IPO project are now Mr. Kan Xuxing and Ms. Zhu Xiaojie, with the supervision period lasting until the obligations set by the China Securities Regulatory Commission and the Shanghai Stock Exchange are fulfilled [2] - The board expresses gratitude for Mr. Fu Defu's contributions during his tenure as the sponsor representative [2] - **Background of New Sponsor Representative** - Mr. Kan Xuxing holds a master's degree and is currently employed in the Investment Banking Division of Guolian Minsheng Securities [3] - He has participated in several IPO projects, including Data Hall, Lijiexun, Haoming Technology, and others [3]

Core Points - The company, Xinyuren Technology Co., Ltd., announced a change in its continuous supervision sponsor representative due to the merger of its original sponsor, Minsheng Securities, with Guolian Minsheng Securities [2] Group 1 - The company received a letter from Guolian Minsheng Securities regarding the change of its continuous supervision sponsor representative [2] - Minsheng Securities was the original sponsor for the company's initial public offering (IPO) project, with designated representatives Fu Defu and Zhu Xiaojie responsible for the sponsorship and continuous supervision until December 31, 2026 [2] - Following the merger, Guolian Minsheng Securities has taken over the continuous supervision responsibilities, appointing Kan Xuxing as the new representative to replace Fu Defu, who is unable to continue due to job changes [2]

证券代码：688573 证券简称：信宇人 公告编号：2025-047 深圳市信宇人科技股份有限公司 关于变更持续督导保荐代表人的公告 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。 附件：保荐代表人阚绪兴 深圳市信宇人科技股份有限公司（以下简称"公司"）于近日收到公司保荐人 国联民生证券承销保荐有限公司（以下简称"国联民生承销保荐"）出具的《关于 深圳市信宇人科技股份有限公司变更持续督导保荐代表人的函》。 阚绪兴先生，保荐代表人，硕士研究生学历，现任职于国联民生证券投资银 行事业部，曾参与数据堂 IPO、力捷迅 IPO、浩明科技 IPO、罗莱迪思 IPO、阳 谷华泰（300121）可转债、创业黑马（300688）发行股份及支付现金购买资产等 项目。 特此公告。 深圳市信宇人科技股份有限公司董事会 2025年11月5日 民生证券股份有限公司（以下简称"民生证券"）为公司首次公开发行股票项 目的保荐人，原指定傅德福先生、朱晓洁女士为公司首次公开发行股票项目保荐 代表人，负责保荐工作及持续督导工作，持续督导期至 2026 年 1 ...

Core Viewpoint - The company, Xinyuren Technology Co., Ltd., has experienced a significant decline in revenue and net profit for the first nine months of 2025, indicating potential challenges in its business operations and market conditions [2]. Group 1: Financial Performance - As of September 30, 2025, Xinyuren reported a revenue of 94.75 million yuan, a year-on-year decrease of 50.12% [2]. - The net profit attributable to the parent company was -157 million yuan, reflecting a year-on-year decline of 106.31% [2]. Group 2: Shareholder and Market Activity - The number of shareholders increased to 8,315, up by 5.27% compared to the previous period [2]. - The average number of circulating shares per shareholder decreased by 2.77% to 6,400 shares [2]. - On October 30, 2023, Xinyuren's stock price fell by 1.68%, with a trading volume of 83.43 million yuan [1]. Group 3: Financing and Margin Trading - On October 30, 2023, Xinyuren had a financing buy-in amount of 10.29 million yuan and a net financing buy of 1.43 million yuan, with a total financing balance of 115 million yuan, accounting for 8.38% of its market capitalization [1]. - The financing balance is above the 60th percentile of the past year, indicating a relatively high level of financing activity [1]. - There were no short sales or repayments on the same day, with the short selling balance also at zero, placing it in the 90th percentile of the past year [1]. Group 4: Business Overview - Xinyuren, established on August 8, 2002, and listed on August 17, 2023, specializes in the research, production, and sales of high-end intelligent manufacturing equipment [1]. - The company's main revenue sources include lithium battery drying equipment (53.67%), other lithium equipment and key components (26.16%), and various other products [1]. Group 5: Dividend and Institutional Holdings - Since its A-share listing, Xinyuren has distributed a total of 19.37 million yuan in dividends [3]. - As of September 30, 2025, the top ten circulating shareholders included a new entrant, Yuanxin Yongfeng High-end Manufacturing A, holding 364,100 shares [3].

Core Viewpoint - Xinyuren, established in August 2002, focuses on intelligent manufacturing equipment for lithium-ion batteries and was listed on the Shanghai Stock Exchange in August 2023 [1] Group 1: Business Performance - For Q3 2025, Xinyuren reported revenue of 94.754 million yuan, ranking 20th among 20 companies in the industry, significantly lower than the industry leader, Xianlead Intelligent, which had revenue of 10.439 billion yuan [2] - The main business composition includes lithium battery drying equipment at 46.411 million yuan, accounting for 53.67% of total revenue, and other lithium equipment and key components at 22.6252 million yuan, accounting for 26.16% [2] - The company incurred a net loss of 163 million yuan in the same period, ranking 18th in the industry, while the industry leader reported a profit of 1.161 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, Xinyuren's debt-to-asset ratio was 69.43%, up from 61.95% year-on-year and above the industry average of 57.48%, indicating increased debt pressure [3] - The gross profit margin for Q3 2025 was 1.86%, significantly lower than the previous year's 22.82% and below the industry average of 25.79%, reflecting a substantial decline in profitability [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 5.27% to 8,315, while the average number of circulating A-shares held per shareholder decreased by 2.77% to 6,400.03 [5] - New shareholder Yuanxin Yongfeng High-end Manufacturing A (006969) entered the top ten circulating shareholders, holding 364,100 shares [5] Group 4: Management Compensation - The chairman, Yang Zhiming, saw his salary decrease from 520,000 yuan in 2023 to 460,000 yuan in 2024, a reduction of 60,000 yuan [4] Group 5: Market Outlook - Dongwu Securities highlighted Xinyuren as a leader in lithium battery drying equipment, actively expanding into new energy and emerging fields, with a comprehensive product matrix and innovative solutions [5] - The forecast for net profit attributable to shareholders for 2025-2027 is 85 million, 547 million, and 794 million yuan, with corresponding PE ratios of 346, 54, and 37 times [5]

Core Viewpoint - Xinyuren (688573.SH) reported its Q3 2025 results, highlighting a decrease in institutional investor holdings and a significant drop in the number of public funds disclosing their holdings [1] Institutional Holdings - As of October 28, 2025, five institutional investors disclosed holding a total of 6.2528 million shares of Xinyuren, representing 6.40% of the total share capital [1] - The institutional holding percentage decreased by 5.83 percentage points compared to the previous quarter [1] Public Fund Holdings - One new public fund, Xinao New Materials Selected Mixed A, disclosed its holdings this quarter, while 70 public funds were not disclosed compared to the previous quarter [1] - Notable public funds that were not disclosed include China Ocean Energy Strategy Mixed, Golden Eagle Reform Dividend Mixed, and Qianhai Kaiyuan Cycle Preferred Mixed A [1]

Core Viewpoint - The company has released its third-quarter report for 2025, ensuring the accuracy and completeness of the financial information disclosed, and plans to hold an investor meeting to discuss the results and address investor inquiries [19][20][21]. Financial Data - The company reported a total of 1.67 billion yuan in orders on hand as of October 2025, with over 1.3 billion yuan in new orders added this year, indicating a full production schedule [8][19]. - The company has recognized a total of 82,113,669.75 yuan in asset impairment losses for the first three quarters of 2025, which includes credit impairment losses and asset impairment losses [39][41][43]. Shareholder Information - The company will hold its second extraordinary general meeting of 2025 on November 14, 2025, with both on-site and online voting options available for shareholders [26][27][28]. - The company has a total of 3,461,480 shares held in its repurchase account, representing 3.54% of the total share capital [7]. Meeting and Communication - An investor meeting is scheduled for November 19, 2025, to discuss the third-quarter results and allow for interactive Q&A with investors [20][21][23]. - The company emphasizes the importance of transparency and has ensured that all meeting procedures comply with relevant laws and regulations [12][14].

Group 1 - The company recognized credit impairment losses totaling CNY 32,322,385.37 for the first three quarters of 2025 [1] - The total asset impairment losses for the same period amounted to CNY 49,791,284.38 [2] - The combined total of credit and asset impairment losses for the first three quarters of 2025 is CNY 82,113,669.75, which will reduce the company's consolidated profit before tax by the same amount [3] Group 2 - The impairment provisions are in accordance with the relevant accounting standards and reflect the company's financial condition as of September 30, 2025 [4] - The impairment losses recognized are unaudited and will be confirmed by the annual audit [4] Group 3 - The company will hold its second extraordinary general meeting on November 14, 2025, with both on-site and online voting options available [7][8] - The meeting will be held at the company's conference room in Huizhou, and the online voting will be conducted through the Shanghai Stock Exchange's system [8][9]

Core Viewpoint - Xinyu Ren (688573.SH) reported a significant decline in revenue and an increase in net loss for the third quarter of 2025 compared to the previous year [1] Financial Performance - The total operating revenue for the first three quarters of 2025 was 94.754 million yuan, representing a year-on-year decrease of 50.12% [1] - The net profit attributable to shareholders of the parent company was -157 million yuan, which is an increase in loss of 80.996 million yuan compared to the same period last year [1] - The basic earnings per share were -1.65 yuan [1]

证券代码：688573 证券简称：信宇人 公告编号：2025-042 深圳市信宇人科技股份有限公司 关于取消监事会并修订《公司章程》、办理工商变更 登记、修订及制定部分管理制度的公告 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、准确性和完整性承担法律责任。 深圳市信宇人科技股份有限公司（以下简称"公司"）于 2025 年 10 月 27 日 召开了第三届董事会第二十六次会议，审议通过了《关于取消监事会并修订<公 司章程>、办理工商变更登记的议案》《关于修订、制定公司部分治理制度的议 案》，并于同日召开了第三届监事会第二十三次会议，审议通过了《关于取消监 事会并修订<公司章程>、办理工商变更登记的议案》。现将相关情况公告如下： 一、关于取消公司监事会的相关情况 根据《中华人民共和国公司法》（以下简称"《公司法》"）《关于新<公司 法>配套制度规则实施相关过渡期安排》和《上市公司章程指引》以及《上海证 券交易所科创板股票上市规则》等相关法律、法规、规范性文件的规定，公司结 合实际情况拟取消监事会，由董事会审计委员会行使《公司法》规定的监事会的 职权，《监事 ...