Core Viewpoint - Zhongkong Technology Co., Ltd. has announced a differentiated cash dividend distribution plan, with a cash dividend of 0.71 RMB per share, approved at the 2024 annual general meeting on April 22, 2025 [1]. Summary by Sections Dividend Distribution Plan - The company will distribute a cash dividend of 7.1 RMB for every 10 shares held, which includes tax [1]. - The calculation for the ex-dividend reference price is based on the formula: Ex-dividend reference price = (Previous closing price - Cash dividend) / (1 + Change in circulating shares ratio) [1]. Relevant Dates - The key dates for the dividend distribution are the record date, ex-dividend date, and cash dividend payment date [1]. Implementation of Distribution - Cash dividends will be distributed through China Securities Depository and Clearing Corporation Limited, Shanghai Branch, to shareholders registered by the record date [1]. - Shares held in the company's repurchase account will not participate in the profit distribution [1]. Taxation Policies - For individual shareholders holding unrestricted shares for over one year, the cash dividend is exempt from individual income tax, resulting in a net distribution of 0.71 RMB per share [1]. - For shares held for one year or less, the tax will be calculated upon transfer, with a maximum tax burden of 20% for shares held for one month or less [1]. - Qualified Foreign Institutional Investors (QFII) will have a 10% withholding tax applied, resulting in a net cash dividend of 0.639 RMB per share [2][3]. Contact Information - For inquiries regarding the dividend distribution, shareholders can contact the Investment and Securities Department at 0571-86667525 [2].

金杜律师事务所 KING&WODD MALLESONS 浙江省杭州市香积寺路350号 英蓝中心1幢第19层 郎编：310014 19/F,No.1 Building, Winland Center No.350 Xiangjisi Road,Hangzhou Zhejiang,310014 P.R. China T +86 571 5671 8000 F +86 571 5671 8008 www.kwm.com 北京金杜（杭州）律师事务所 关于 中控技术股份有限公司 2024 年度差异化分红事项 之 专项法律意见书 2、公司提供的文件资料中的所有签字及印章均是真实的,文件的副本、复 印件或扫描件与原件相符。 对于会计、审计、评级等专业事项,本所在本法律意见书中只作引用且不发 表法律意见;本所在本法律意见书中对于公司有关报表、数据、审计报告中某些 数据和结论的引用,并不意味着本所对这些数据、结论的真实性、准确性、合法 性做出任何明示或默示的判断和保证,且对于这些内容本所并不具备核查和作出 判断的合法资格。 本所及经办律师依据《证券法》、《律师事务所从事证券法律业务管理办法》 和《律师事务所证券法律业务执业规则 ...

证券代码：688777 证券简称：中控技术 公告编号：2025-017 中控技术股份有限公司 2024年年度权益分派实施公告 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。 重要内容提示： | 股权登记日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | | 2025/5/29 | 2025/5/30 | 2025/5/30 | 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司2025 年 4 月 22 日的2024年年度股东大会审议通过。 二、 分配方案 1. 发放年度：2024年年度 2. 分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任公司 上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 3. 差异化分红送转方案： （一）公司以实施权益分派股权登记日登记的总股本扣除公司回购专用账户的股 数为基数分配利润，向全体股东每 10 股派发现金红利 7.1 元（含税）。 是否涉及差异化分红送转：是 每股分配比例 每股现金红利0.7 ...

Core Insights - The article highlights the rapid integration of artificial intelligence (AI) into various industries in Hangzhou, particularly in the industrial and service sectors, showcasing the region's ability to transform its industrial chain through technology [2][3] - The implementation of AI technologies, such as the time series model TPT and DeepSeek, is revolutionizing operations in chemical plants, allowing for real-time optimization and control [3][4] Group 1: AI Integration in Industry - The TPT model has been successfully deployed in numerous large enterprises within six months of its launch, demonstrating its effectiveness in optimizing production processes [3] - The industrial added value in the high-tech zone (Binjiang) has seen a growth rate of 17%, indicating a robust development in the smart economy sector [2] Group 2: Regional Development and Talent Pool - The high-tech zone has established itself as a core area for AI industry clusters, with continuous breakthroughs in technology innovation and sustained growth in industry scale [4] - A complete industrial system has been formed in the robotics sector, encompassing upstream chip manufacturing, midstream robot assembly, and downstream system integration applications [5] - The local talent ecosystem is thriving, with many startups sourcing talent from established companies in the region, facilitating easier entrepreneurship [5]

Core Viewpoint - The company will hold a bilingual performance briefing for the 2024 annual results and the first quarter of 2025, aimed at enhancing understanding among global investors [3][4]. Group 1: Meeting Details - The online communication time for the meeting is scheduled for May 27, 2025, from 15:00 to 17:00 [5]. - The meeting will be conducted via live streaming and online text interaction, with a platform provided by the Shanghai Stock Exchange [2][5]. - Investors can submit questions in advance by May 26, 2025, to ensure that commonly asked questions are addressed during the briefing [6]. Group 2: Participation and Services - The performance briefing will invite global investors and will provide real-time bilingual subtitle translation services [3][6]. - The meeting will feature participation from key company executives, including the Chairman and President, Mr. Cui Shan, and the Senior Vice President and CFO, Mr. Fang Yongsheng [6]. Group 3: Additional Information - After the briefing, investors can access the meeting's content and key points through the Shanghai Stock Exchange's roadshow center [6]. - The company emphasizes the importance of this event for deepening the understanding of its operational achievements, innovation highlights, financial status, business planning, and future development goals [3].

证券代码：688777 证券简称：中控技术 公告编号：2025-016 中控技术股份有限公司 关于召开 2024 年度暨 2025 年第一季度中英双语 业绩说明会的公告 1 会议线上交流时间：2025 年 5 月 27 日（星期二）下午 15:00-17:00 会议召开方式：直播及线上文字互动 直播和线上文字互动平台：上海证券交易所上证路演中心（此链接将于活 动开始前一天下午 16:00 生效）（https://roadshow.sseinfo.com/activityDetails/33502） 投资者可于 2025 年 5 月 26 日（星期一）下午 16:00 前通过邮件、电话、 传真等形式将需要了解和关注的问题提前提供给公司，公司将在业绩说明会中对投 资者普遍关注的问题进行回答。 本次中英双语业绩说明会拟邀请全球投资者参与，将同步提供实时中英文 字幕翻译服务。 中控技术股份有限公司（以下简称"公司"）已于 2025 年 4 月 1 日发布公司 2024 年年度报告，并于 2025 年 4 月 30 日发布公司 2025 年第一季度报告。为便于 广大投资者更全面深入地了解公司经营成果、创新亮点、财务状况 ...

Group 1 - The humanoid robot industry chain has become a "top flow" track in the capital market since Q2, with over 1,000 institutional research visits to 52 companies in the chain, indicating strong market expectations for robot commercialization [2] - Among the surveyed companies, Zhongkong Technology led with 390 institutional visits, accelerating its layout in the robot sector and participating in the construction of the Zhejiang Humanoid Robot Innovation Center [3] - Blues Technology received 208 institutional visits and has been developing industrial robots since 2016, with plans to extend its technology to core components of humanoid robots [3] Group 2 - Fulian Precision disclosed that its smart electric joint module has completed small-scale production and is connecting with several mainstream robot manufacturers, showcasing its capabilities in core components for robots [4] - Liying Intelligent Manufacturing has provided core components such as head assemblies and dexterous hand assemblies to humanoid robot clients, demonstrating its complete solution capabilities [5] - Genesis has upgraded its equipment to meet the processing needs of humanoid robot joint components, resulting in rapid revenue growth from robot-related products [5] Group 3 - Major companies like Huawei, ByteDance, and Tesla are accelerating their entry into the humanoid robot market, pushing the technology from laboratories to commercialization [6] - The emergence of general-purpose large models like DeepSeek has addressed key challenges in environmental perception and interaction for robots, facilitating industrial applications [6] - The humanoid robot industry chain is experiencing a dual benefit period of technological breakthroughs and capital support, with advancements in core component localization and mature whole machine solutions [6]

Group 1 - The humanoid robot industry chain has become a popular area for institutional research since the second quarter, with 52 companies being investigated by over 100 institutions each [1] - Among the companies, Zhongkong Technology has attracted significant attention, with 390 institutions conducting research on it since the second quarter [3] - Zhongkong Technology has launched its first self-developed humanoid robots, "Navigator 1" and "Navigator 2 NAVIAI," and plans to integrate its third-generation humanoid robot with DeepSeek's multimodal model Janus Pro for enhanced environmental perception and human-robot interaction [3] Group 2 - Lens Technology is actively expanding into new fields such as humanoid robots, AI glasses, and XR headsets, with 208 institutions conducting research on it since the second quarter [4] - Lens Technology has been involved in the smart robot sector since 2016, developing industrial robots like six-axis robots and AOI visual inspection robots, and is now focusing on core components for humanoid robots [4] - Fulin Precision has also garnered attention from 160 institutions, focusing on opportunities in the smart robot sector and key components like precision mechanical parts and robotic electric joints [4] - Fulin Precision has made advancements in the research and development of intelligent electric joint modules and has begun small-scale production of related products [4]

Investment Rating - The report maintains a "Strong Buy" rating for the company, with a target price of 59.94 CNY [2][8]. Core Views - The company achieved a revenue of 9.139 billion CNY in 2024, representing a year-on-year growth of 6.02%. The net profit attributable to the parent company was 1.117 billion CNY, up 1.38% year-on-year, while the net profit excluding non-recurring items was 1.038 billion CNY, growing by 9.51% [2][4]. - In Q1 2025, the company reported a revenue of 1.607 billion CNY, a decline of 7.55% year-on-year, and a net profit of 120 million CNY, down 17.42% year-on-year [2][4]. - The company is focusing on AI and robotics to drive the industrial revolution, aiming to enhance its core competitiveness through the integration of AI technology with industrial applications [8]. Financial Summary - The total revenue forecast for 2025-2027 is projected at 10.411 billion CNY, 11.802 billion CNY, and 13.294 billion CNY, with corresponding growth rates of 13.9%, 13.4%, and 12.6% [4][8]. - The net profit attributable to the parent company is expected to reach 1.279 billion CNY, 1.462 billion CNY, and 1.667 billion CNY for the same period, with growth rates of 14.5%, 14.3%, and 14.0% respectively [4][8]. - The earnings per share (EPS) are projected to be 1.62 CNY, 1.85 CNY, and 2.11 CNY for 2025, 2026, and 2027 [4][8]. Market Performance - The company has seen a significant increase in its market share in core products, with industrial automation and intelligent manufacturing solutions generating revenue of 5.643 billion CNY, a year-on-year increase of 13.86% [8]. - The internationalization strategy has been successful, with overseas revenue reaching 749 million CNY, a remarkable growth of 118.27% year-on-year [8]. - The company has also made strides in emerging industries, with the oil and gas sector showing a revenue increase of 47.84% year-on-year [8].

Core Insights - The public's interest in humanoid robots has surged following Tesla's release of a dancing robot video, leading to increased institutional research into the humanoid robot industry in China [1] Company Summaries - Zhongkong Technology (688777) has established a robot product business system in 2024, achieving revenue of 56.01 million yuan and signing new orders worth 167 million yuan. The company focuses on applications in process industries, including inspection and operation robots, and plans to implement AI-driven humanoid robots in high-risk industrial scenarios [2] - Zhaowei Electromechanical (003021) launched a dexterous hand product in November 2024, featuring 17 degrees of freedom and multi-modal sensing capabilities. The company aims to accelerate the commercialization of this product and enhance its technological leadership through AI-driven innovations [3] - Fulin Precision (300432) is a leader in the automotive precision parts sector and has begun small-scale production of key hardware for robots. The company plans to invest 110 million yuan in 2025 to build a production line for intelligent electric joints, anticipating rapid growth in related businesses [3][4] Industry Trends - The application of humanoid robots in industrial settings is gaining traction, with potential expansions into logistics, elder care, and healthcare. The commercial viability of these robots is expected to be significant [5] - The Ministry of Industry and Information Technology has issued guidelines for the innovation and development of humanoid robots, aiming to establish a competitive industrial ecosystem by 2027. The humanoid robot industry is projected to be a trillion-yuan market, indicating a strategic push towards this emerging sector [6]