Core Viewpoint - The company has decided to cancel 883,500 shares of unvested restricted stock from its 2024 incentive plan due to unmet performance targets at the company level [4][5]. Group 1: Decision and Process - The company held meetings of the Board of Directors and Supervisory Board on August 29, 2025, to approve the cancellation of unvested restricted stock [1][2]. - The incentive plan was previously approved by the shareholders, and the Board was authorized to determine the grant date and manage the necessary procedures for granting restricted stock [3]. Group 2: Specifics of the Cancellation - A total of 883,500 shares of restricted stock will be canceled because the company did not meet the performance targets set for the first vesting period [4]. - The performance assessment results indicated that the company's performance did not meet the required targets, leading to the complete cancellation of the restricted stock for the year [4]. Group 3: Impact on the Company - The cancellation of the restricted stock will not have a material impact on the company's financial condition or operational results [4]. - The stability of the management team and the continuation of the equity incentive plan will not be affected by this cancellation [4]. Group 4: Supervisory Board and Legal Opinions - The Supervisory Board confirmed that the cancellation of the unvested restricted stock complies with relevant laws and regulations, and does not harm shareholder interests [5]. - Legal opinions from Beijing King & Wood Mallesons affirm that the cancellation aligns with the Company Law, Securities Law, and the regulations governing equity incentives [5].

Company Summary - Zhongkong Technology announced a credit impairment loss of 91.79 million yuan and an asset impairment loss of 20.83 million yuan for the first half of 2025, totaling approximately 113 million yuan [1] - The impairment provisions will impact the company's consolidated profit for the first half of 2025 by about 113 million yuan [1] - The reported figures are unaudited and subject to final confirmation by the accounting firm [1] Revenue Composition - For the year 2024, Zhongkong Technology's revenue composition is as follows: Chemicals 36.83%, Petrochemicals 20.28%, Oil and Gas 9.68%, Pharmaceuticals and Food 8.11%, Energy 5.85%, Others 5.79%, and Metallurgy 5.34% [1] Market Capitalization - As of the report, Zhongkong Technology has a market capitalization of 41.1 billion yuan [1]

证券日报网讯8月29日晚间，中控技术发布公告称，公司将于2025年9月19日召开2025年第二次临时股东 大会。本次股东大会将审议《关于增加2025年度日常关联交易预计额度的议案》《关于制定、修订公司 部分治理制度的议案》等多项议案。 ...

Core Viewpoint - Zhongkong Technology Co., Ltd. officially launched the TPT2 time-series pre-trained transformer model, which focuses on the deep integration of process industry and artificial intelligence, marking a significant step towards large-scale application and implementation in the market [1][2]. Group 1: Product Launch and Market Response - TPT2 has received strong market recognition with 518 pre-ordering companies and 112 units sold as of August 28, alongside 3,268 online registered users, indicating a positive reception from customers [1]. - The model is designed specifically for the process industry, utilizing unique time-series data algorithms to achieve closed-loop applications across various production scenarios, enhancing production safety, product quality, and energy efficiency [2]. Group 2: Industry Position and Strategic Initiatives - Zhongkong Technology is leveraging its extensive customer base of over 30,000 to accumulate industrial data, emphasizing the importance of implementation alongside data, algorithms, and computing power [2]. - The company has successfully implemented over 100 projects nationwide with TPT since last year, including significant projects with major state-owned enterprises like Sinopec and China Coal Group, which serve as benchmarks for AI integration in industrial manufacturing [3]. Group 3: Technological Advancements and Competitive Edge - TPT2 represents a core value upgrade through three dimensions: centralized empowerment, penetrating data value layers, and overcoming traditional development models, thus providing a solid technical foundation for automation and intelligent transformation in complex industrial environments [3]. - The model integrates multiple technological systems, evolving from traditional tools to intelligent agents capable of proactive anomaly detection, risk assessment, and autonomous decision-making [3]. Group 4: Financial Performance and R&D Investment - Zhongkong Technology maintains a high R&D investment rate of over 10% for several years, supporting product innovation and industry leadership, while also optimizing management to enhance operational efficiency [4]. - The company's overall expense ratio has decreased, with management expenses around 5% and sales expenses around 9%, positioning it favorably within the industry [4].

Core Viewpoint - The financial performance of Zhongkong Technology in the first half of 2025 shows a decline in revenue and profit, indicating potential challenges in the company's operations and market conditions [1][2]. Financial Performance - The company's revenue for the first half of 2025 was 3.83 billion yuan, a year-on-year decrease of 9.92% [1]. - The net profit attributable to shareholders was 354 million yuan, down 31.46% year-on-year [1]. - The basic earnings per share were 0.45 yuan [1]. - The gross profit margin for the first half of 2025 was 32.08%, a decrease of 1.15 percentage points year-on-year [1]. - The net profit margin was 9.29%, down 3.03 percentage points compared to the same period last year [1]. Cost Structure - The total period expenses for the first half of 2025 were 937 million yuan, an increase of 25.38 million yuan year-on-year [2]. - The period expense ratio was 24.45%, up 3.02 percentage points from the previous year [2]. - Sales expenses increased by 1.75%, while management and R&D expenses decreased by 1.97% and 5.54%, respectively [2]. - Financial expenses saw a significant increase of 69.76% [2]. Shareholder Information - As of the end of the first half of 2025, the total number of shareholders was 39,900, an increase of 481 from the previous quarter [2]. - The average market value per shareholder decreased from 1.0647 million yuan to 889,600 yuan, a decline of 16.44% [2]. Business Overview - Zhongkong Technology, established on December 7, 1999, and listed on November 24, 2020, specializes in providing automation control systems and solutions for industrial enterprises [3]. - The main business revenue composition includes: - Industrial automation and intelligent manufacturing solutions (61.75%) - S2B business (17.75%) - Industrial software (8.13%) - Instrumentation (7.04%) - Operation and maintenance services (4.64%) [3]. - The company operates within the mechanical equipment industry, specifically in automation equipment and industrial control devices [3].

Core Insights - Company reported a revenue of 3.83 billion yuan and a net profit of 354 million yuan for the first half of 2025, indicating a focus on emerging businesses like industrial AI and robotics [1] - The company is advancing its "All in AI" strategy, integrating AI capabilities into its product and technology systems, and has made significant progress in the development and application of its TPT model [2] - The launch of TPT2, a platform for generating industrial agents, marks a significant upgrade, enhancing the efficiency of developing and implementing intelligent applications [3] - The robotics segment is also showing positive growth, with successful deployments of new inspection robots and significant project wins in the industrial robotics market [3] - The company is actively expanding its international presence, securing key projects in various global markets, which supports its long-term growth strategy [4] - The company has built a competitive edge through extensive data assets and industry knowledge accumulated over 30 years, which is crucial for the development of industrial AI models [5] - The company maintains the top market share in the domestic distributed control system (DCS) sector for 14 consecutive years, with a broad customer base and significant data resources supporting its AI initiatives [6] Group 1 - Company achieved a revenue of 3.83 billion yuan and a net profit of 354 million yuan for H1 2025, focusing on industrial AI and robotics [1] - The "All in AI" strategy is being deepened, with advancements in the TPT model for industrial applications [2] - TPT2 platform enhances the development and implementation of industrial solutions through natural language commands [3] Group 2 - Robotics business is expanding with successful deployments and project wins, enhancing market competitiveness [3] - International expansion is underway, with significant projects secured in various regions, supporting long-term growth [4] - The company has a competitive advantage due to extensive data assets and industry experience, essential for AI model development [5] Group 3 - The company holds the top market share in DCS for 14 years, with a wide customer base and substantial data resources for AI applications [6]

关于召开2025年第二次临时股东大会的通知 证券代码：688777 证券简称：中控技术 公告编号：2025-034 本公司董事会及全体董事保证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。 中控技术股份有限公司 一、 召开会议的基本情况 （一） 股东大会类型和届次 2025年第二次临时股东大会 召开日期时间：2025 年 9 月 19 日 14 点 00 分 召开地点：浙江省杭州市滨江区六和路 309 号中控科技园公司会议室 （五） 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 9 月 19 日 至2025 年 9 月 19 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 重要内容提示： 东大会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过互联 网投票平台的投票时间为股东大会召开当日的 9:15-15:00。 （六） 融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 涉及融资融券、转融通业务、 ...

证券代码：688777 证券简称：中控技术 公告编号：2025-026 中控技术股份有限公司 第六届监事会第十三次会议决议公告 （二）审议通过《关于<2025 年半年度募集资金存放与实际使用情况的专 项报告>的议案》 本公司监事会及全体监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。 一、监事会会议召开情况 中控技术股份有限公司（以下简称"公司"）第六届监事会第十三次会议 于 2025 年 8 月 29 日（星期五）以通讯方式召开。会议通知于 2025 年 8 月 19 日以邮件的方式送达各位监事。本次会议应出席监事 3 人，实际出席监事 3 人。 本次会议由监事会主席梁翘楚先生主持。会议召开符合有关法律、法规、 规章和《中控技术股份有限公司章程》（以下简称"《公司章程》"）的规定。 出席会议的监事对各项议案进行了认真审议并做出了如下决议： 二、监事会会议审议情况 （一）审议通过《关于<2025 年半年度报告>及其摘要的议案》 经审议，监事会认为公司《2025 年半年度报告》及摘要的编制和审议程序 符合相关法律法规及《公司章程》等内部规章制度 ...

证券代码：688777 证券简称：中控技术 公告编号：2025-025 中控技术股份有限公司 第六届董事会第十四次会议决议公告 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。 一、董事会会议召开情况 中控技术股份有限公司（以下简称"公司"）第六届董事会第十四次会议于 2025 年 8 月 29 日（星期五）以通讯的方式召开。会议通知已于 2025 年 8 月 19 日以邮件的方式送达各位董事。本次会议应出席董事 7 人，实际出席董事 7 人。 会议由董事长 CUI SHAN 主持，公司监事、部分高级管理人员列席本次会 议。会议召开符合有关法律、法规、规章和《中控技术股份有限公司章程》（以 下简称"《公司章程》"）的规定。出席会议的董事对各项议案进行了认真审议并 做出了如下决议。 二、董事会会议审议情况 （一）审议通过《关于<2025 年半年度报告>及其摘要的议案》 经审议，董事会认为公司《2025 年半年度报告》及摘要的编制和审议程序 符合相关法律法规及《公司章程》等内部规章制度的规定；公司《2025 年半年 度报告》及摘 ...

一、审议通过了《关于增加 2025 年度日常关联交易预计额度的议案》 中控技术股份有限公司 第六届董事会独立董事第八次专门会议决议 中控技术股份有限公司（以下简称"公司"）第六届董事会独立董事第八次 专门会议于 2025 年 8 月 29 日以通讯的方式召开。会议通知已于 2025 年 8 月 24 日通过邮件的方式送达各位独立董事。本次会议应出席独立董事 3 人，实际出席 独立董事 3 人，本次会议由过半数独立董事推选的独立董事沈海强先生主持，会 议的召集、召开和表决程序符合《公司章程》《独立董事工作制度》《独立董事专 门会议议事规则》等规定。本次会议审议并通过了如下议案： 独立董事：沈海强、许超、陈文强 2025 年 8 月 29 日 1 独立董事认为：经核查，公司关于增加 2025 年度日常关联交易预计额度的 议案符合公司经营发展需要，系正常市场行为，符合公司的经营发展需要，遵循 了公平、公正、自愿、诚信的原则，符合相关法律、法规和规范性文件的规定， 交易价格按照市场价格结算，该类交易对公司独立性无影响，不会对公司及公司 财务状况、经营成果产生不利影响，不存在损害公司或股东利益，特别是中小股 东利益的情 ...