Group 1 - The report details a reduction in shareholding by WINWIN OVERSEAS GROUP LIMITED in Fuliwang Precision Electromechanical (China) Co., Ltd, resulting in a passive dilution of its shareholding percentage from 45.07% to 45.02% due to an increase in total share capital [2][3][5] - The total number of shares held by WINWIN OVERSEAS GROUP LIMITED decreased from 116,730,407 to 103,760,407, representing a reduction of 12,970,000 shares, which is 5.00% of the total share capital [4][5][8] - The increase in total share capital was due to the conversion of convertible bonds, which added 252,462 shares to the total, changing it from 259,016,374 shares to 259,268,836 shares [3][4][6] Group 2 - WINWIN OVERSEAS GROUP LIMITED has no plans to increase or further reduce its shareholding in the next 12 months [4][5] - The report confirms that there are no restrictions such as pledges or freezes on the shares held by WINWIN OVERSEAS GROUP LIMITED as of the report date [6][8] - The report states that there have been no transactions involving the buying or selling of Fuliwang shares by WINWIN OVERSEAS GROUP LIMITED in the six months prior to the report [6][8]

Key Points - The core viewpoint of the announcement is the share transfer by WINWIN OVERSEAS GROUP LIMITED, which reduces its stake in Fuliwang Precision Electromechanical (China) Co., Ltd. from 45.07% to 40.02% through the sale of 12,970,000 shares at a price of 17.66 yuan per share [1][2][3]. Group 1: Share Transfer Details - The share transfer involves a total of 12,970,000 shares, representing 5.00% of the company's total share capital [1][3]. - After the transfer, WINWIN OVERSEAS GROUP LIMITED's shareholding decreases from 116,730,407 shares (45.07%) to 103,760,407 shares (40.02%) [1][3]. - The transfer does not result in a change of control for the company, as the controlling shareholder remains the same [1][5]. Group 2: Transfer Process and Participants - The transfer was conducted through an inquiry process, with a total of 402 institutional investors receiving the subscription invitation, including 77 fund companies and 52 securities companies [5][6]. - A total of 11 valid bids were received during the subscription period, with 9 investors ultimately allocated shares at the determined price [5][6]. - The inquiry transfer process was verified by CITIC Securities, confirming compliance with relevant laws and regulations [5][6].

福立旺精密机电（中国）股份有限公司 股东询价转让结果报告书暨持股 5%以上 股东权益变动触及 5%整倍数的提示性公告 WINWIN OVERSEAS GROUP LIMITED（以下简称"转让方"）保证向福立 旺精密机电（中国）股份有限公司（以下简称"福立旺"或"公司"）提供的信息 内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其真实性、准确性和完 整性依法承担法律责任。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 | 证券代码：688678 | 证券简称：福立旺 | 公告编号：2025-045 | | --- | --- | --- | | 转债代码：118043 | 转债简称：福立转债 | | 重要内容提示： 本次询价转让的价格为17.66元/股，转让的股票数量为12,970,000股。 公司控股股东 WINWIN OVERSEAS GROUP LIMITED参与本次询价转 让。 本次权益变动为股份减持、被动稀释。本次转让不会导致公司控股股东、 实际控制人发生变化。 本次权益变动后，转让方WINWIN OVERSEAS GROUP LIMITED 持有 公司股份比例由45.0 ...

上市公司：福立旺精密机电(中国)股份有限公司 股票上市地：上海证券交易所 股票简称：福立旺 股票代码：688678 信息披露义务人：WINWIN OVERSEAS GROUP LIMITED 注册/通讯地址：Unit 8, 3/F.Quomar Trading Complex,Road Town, Tortola, British Virgin Islands VG1110 股份变动性质：股份减少及被动稀释 福立旺精密机电(中国)股份有限公司 简式权益变动报告书 签署日期：2025 年 5 月 29 日 1 信息披露义务人声明 一、本报告书系信息披露义务人依据《中华人民共和国公司法》《中华人民共和 国证券法》《上市公司收购管理办法》《公开发行证券的公司信息披露内容与格式准 则第 15 号——权益变动报告书》等相关法律、法规和规范性文件编制。 二、信息披露义务人签署本报告书已获得必要的授权和批准。 三、依据《中华人民共和国证券法》《上市公司收购管理办法》《公开发行证券 的公司信息披露内容与格式准则第 15 号——权益变动报告书》，本报告书已全面披露 了信息披露义务人所拥有的福立旺精密机电(中国)股份有限公司权益 ...

| 证券代码：688678 | 证券简称：福立旺 | 公告编号：2025-046 | | --- | --- | --- | | 转债代码：118043 | 转债简称：福立转债 | | 福立旺精密机电（中国）股份有限公司 关于"福立转债"跟踪信用评级结果的公告 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。 重要内容提示： 根据中国证券监督管理委员会《上市公司证券发行注册管理办法》《上海证 券交易所科创板股票上市规则》的有关规定，福立旺精密机电（中国）股份有限 公司（以下简称"公司"）委托信用评级机构东方金诚国际信用评估有限公司（以 下简称"东方金诚"）对公司主体及公司向不特定对象发行的可转换公司债券 （以下简称"福立转债"）进行了跟踪信用评级。 一、前次评级情况 公司前次主体信用评级结果为"AA-"，评级展望为"稳定"，"福立转债" 前次评级结果为"AA-"，评级机构为东方金诚，评级时间为 2024 年 6 月 12 日。 二、本次评级情况 二〇二五年五月三十日 －2－ 评级机构东方金诚在对公司经营状况及相关行业进行综合 ...

信用等级通知书 东方金诚债跟踪评字【2025】0022 号 福立旺精密机电（中国）股份有限公司： 东方金诚国际信用评估有限公司根据跟踪评级安排对贵公司及"福 立转债"的信用状况进行了跟踪评级，经信用评级委员会评定，此 次跟踪评级维持贵公司主体信用等级为 AA-，评级展望为稳定，同 时维持"福立转债"的信用等级为 AA-。 东方金诚国际信用评估有限公司 信评委主任 二〇二五年五月二十七日 东方金诚债跟踪评字【2025】0022 号 信用评级报告声明 为正确理解和使用东方金诚国际信用评估有限公司（以下简称"东方金诚"）出具的信用评级 报告（以下简称"本报告"），声明如下： 1.本次评级为委托评级，东方金诚与评级对象不存在任何影响本次评级行为独立、客观、公正 的关联关系，本次项目评级人员与评级对象之间亦不存在任何影响本次评级行为独立、客观、 公正的关联关系。 2.本次评级中，东方金诚及其评级人员遵照相关法律、法规及监管部门相关要求，充分履行了 勤勉尽责和诚信义务，有充分理由保证本次评级遵循了真实、客观、公正的原则。 3.本评级报告的结论，是按照东方金诚的评级流程及评级标准做出的独立判断，未受评级对象 和第三方组织或 ...

中信证券股份有限公司 关于福立旺精密机电（中国）股份有限公司 股东向特定机构投资者询价转让股份的核查报告 上海证券交易所： 中信证券股份有限公司（以下简称"中信证券"或"组织券商"）受委托担任 WINWIN OVERSEAS GROUP LIMITED（以下简称"转让方"）以向特定机构投资者询价转让（以 下简称"询价转让"）方式减持所持有的福立旺精密机电（中国）股份有限公司（以下 简称"公司"或"福立旺"）首次公开发行前已发行股份的组织券商。 经核查，中信证券就本次询价转让的股东、受让方是否符合《上海证券交易所科创 板上市公司自律监管指引第 4 号——询价转让和配售（2025 年 3 月修订）》（以下简 称"《询价转让和配售指引》"）要求，本次询价转让的询价、转让过程与结果是否公 平、公正，是否符合《询价转让和配售指引》的规定作出如下报告说明。 一、本次询价转让概况 （一）本次询价转让转让方 截至 2025 年 5 月 20 日转让方所持公司首发前股份的数量及占公司总股本比例情 况如下： | 序号 | 股东名称 | 截至 2025 年 | 5 月 | 20 日 | 持股比例 | | --- | --- | - ...

New Stock Issuance - New stock issuance for Jiao Da Tie Fa at an issuance price of 8.81[1] - ST Li Fang and United Chemical have recent announcements dated May 14 and May 23 respectively[1] - Multiple companies including Zhongzhou Special Materials and San Sheng Guo Jian have announcements on May 23[1] Market Alerts - Significant abnormal fluctuations reported for Nanjing Port and Li Jun Co. on May 23[1] - ST Er Ya and ST Jin Hong have recent announcements regarding market conditions[1] - Companies like Hainan Development and ST Haihua have reported abnormal trading activities[1] Trading Updates - Trading updates for various companies including ST Ya Zhen and ST Jian Gang on May 27[1] - Multiple companies have links to their announcements for further details on trading activities[1] - The report includes a comprehensive list of companies with their respective announcement dates and links for investor reference[1]

Investment Rating - The report maintains an "Outperform" rating for the home appliance industry [6] Core Insights - The home appliance sector is experiencing accelerated revenue growth, with a combined revenue growth rate of nearly 15% in Q1 2024. The white goods segment shows the best performance, benefiting from domestic subsidy policies and strong export demand [12][13] - The handheld smart imaging device industry, where the company operates, has a market size exceeding 40 billion, with a compound annual growth rate of 14.3% from 2017 to 2023, and is expected to surpass 40 billion in 2024 [2][33] - The company, Ying Shi Innovation, has become a leader in the global consumer-grade panoramic camera market with a market share of 67.2% in 2023, and is also among the top three in the action camera sector [1][40] Summary by Sections Investment Rating - The report rates the home appliance industry as "Outperform" [6] Company Overview - Ying Shi Innovation, established in 2015, focuses on the research, production, and sales of smart imaging devices, including consumer-grade panoramic cameras and action cameras. The company achieved a revenue of 55.7 billion in 2024, representing a year-on-year growth of 53.3% [1][18] - The company has a strong competitive advantage due to its advanced technology, product innovation, and comprehensive marketing system [3][42] Financial Performance - The company is projected to achieve a net profit of 9.9 billion in 2024, with a year-on-year increase of 19.9%, and a compound annual growth rate of 106.5% from 2017 to 2024 [1][18] - The revenue from consumer-grade imaging devices is expected to reach 47.9 billion in 2024, accounting for 86.6% of total revenue [20] Market Dynamics - The global handheld smart imaging device market has grown from 164.3 billion in 2017 to 364.7 billion in 2023, with a forecasted growth to over 400 billion in 2024 [2][33] - The market for action cameras reached 7.18 billion in 2022, while the global aerial drone market was valued at 4.85 billion [2][34] Competitive Landscape - The global consumer-grade panoramic camera market is concentrated, with Ying Shi Innovation holding a 67.2% market share, followed by Ricoh and GoPro [2][40] - In the professional-grade panoramic camera market, Ying Shi Innovation leads with a 61.4% market share [40] Strategic Initiatives - The company plans to expand its product range and enhance its marketing and channel coverage, particularly in new markets such as Europe [3][42] - The company has a diversified ownership structure, with a strong and experienced management team [28][31]

Group 1: Company Leadership Changes - Longi Green Energy announced that Li Zhenguo will resign from the positions of General Manager and Legal Representative to focus on R&D and technology management, while continuing as the head of the Central Research Institute and Chief Technology Officer [2] - The company appointed Zhong Baoshan as the new General Manager, and this leadership change is not expected to impact the company's operations [2] Group 2: Contracts and Agreements - Pingzhi Information signed an AI computing power technology service framework agreement with China Telecom's Shaanxi branch, with a total contract value of approximately 246 million yuan [3] - The actual execution amount will depend on specific orders, and the agreement is not expected to have a significant impact on the company's annual performance [3] Group 3: Share Issuance and Stock Transactions - *ST Songfa announced the issuance of 738 million new shares at a price of 10.16 yuan per share for asset acquisition [5] - Shenghong Technology set the preliminary inquiry transfer price at 65.85 yuan per share, with 24 institutional investors participating in the inquiry [3] Group 4: Shareholder Actions - Xinhua Medical's controlling shareholder plans to increase holdings by 100 million to 200 million yuan [6] - Several companies, including Yongmaotai and Green Harmony, announced plans for share reductions by up to 3% of total shares [6] Group 5: Corporate Developments - Rongsheng Environmental Protection reported that its controlling shareholder, Feng Ronghua, has been taken into custody by law enforcement, but this matter is unrelated to the company [4] - Chongqing Steel terminated the absorption merger with its wholly-owned subsidiary [7]