Core Viewpoint - *ST Gongzhi (formerly "Harbin Intelligent") faces mandatory delisting due to two consecutive years of audit reports with "unable to express an opinion," highlighting significant governance and financial management risks within the company [1] Group 1: Audit Issues - The audit firm, Unitai Zhenqing Accounting Firm, encountered obstacles in auditing *ST Gongzhi's 2024 financial report, primarily due to issues with equity investment platform disposal and revenue recognition [2] - The company has not completed the disposal of four equity investment platforms (initial investment of 650 million yuan), resulting in uncollected portions of 309 million yuan in transfer payments and raising doubts about large equity investments and related fund transactions [2] - Confusion in revenue recognition methods for high-end equipment manufacturing (period method vs. point method) led to delays in audit procedures, casting doubt on the authenticity of core data such as revenue and costs [2] Group 2: Governance Concerns - Three independent directors (Wang Liang, Du Yiliang, Yang Minli) abstained from voting on the annual report, indicating a failure in corporate governance [3] - Du Yiliang pointed out ongoing issues such as frequent management changes, fundraising violations, and chaotic accounts of investment platforms that have not been rectified, compromising the integrity of audit materials [3] - Yang Minli criticized the board's transparency, stating that she received the final draft of the proposal only on the day of the meeting, and noted that the company has not made substantial progress in rectification [3] Group 3: Financial Deterioration and Delisting Process - The 2024 Q1 financial report of *ST Gongzhi showed a 75.21% year-on-year revenue drop, with net losses widening to -28.4953 million yuan, a debt ratio rising to 91%, and a current ratio of only 0.82, raising doubts about the company's ability to continue operations [4] - According to Shenzhen Stock Exchange rules, the company will receive a delisting notice within five days of suspension and may apply for a hearing; if ultimately delisted, the stock will enter a 15-day delisting adjustment period before moving to the stock transfer system [4] Group 4: Market Impact and Investor Risks - Prior to suspension, the company's market capitalization was 1.111 billion yuan, with its stock price consistently below par value and over 10 million yuan in net outflows from major funds in the past five days [5] - The龙虎榜 (Dragon and Tiger List) indicated that speculative trading occurred before the delisting risk became clear, but significant sell-offs by institutions, such as Guosheng Securities, reflected an accelerated market digestion of delisting expectations [5] - This incident marks *ST Gongzhi as a potential case of delisting under the registration system due to financial disclosure flaws, revealing major deficiencies in internal control and compliance systems, and signaling a warning for the capital market regarding the authenticity of financial data as a survival baseline for listed companies [5]

Group 1: Economic Indicators - In the first quarter, the total profit of industrial enterprises above designated size reached 150.936 billion yuan, a year-on-year increase of 0.8% [4] - The Ministry of Commerce and six other departments announced an optimization of the departure tax refund policy, raising the cash refund limit to 20,000 yuan [4][6] Group 2: Company Earnings - Gujing Gongjiu reported a net profit of 5.517 billion yuan for 2024, a year-on-year increase of 20.22%, and proposed a dividend of 50 yuan per 10 shares [8] - Gree Electric reported a net profit of 32.185 billion yuan for 2024, a year-on-year increase of 10.91%, and proposed a dividend of 20 yuan per 10 shares [8] - Luzhou Laojiao reported a net profit of 13.473 billion yuan for 2024, a year-on-year increase of 1.71%, and proposed a dividend of 45.92 yuan per 10 shares [8] - Yake Technology reported a net profit of 872 million yuan for 2024, a year-on-year increase of 50.41%, and proposed a dividend of 2.6 yuan per 10 shares [8] - Yunda Holdings reported a net profit of 1.914 billion yuan for 2024, a year-on-year increase of 17.77%, and proposed a dividend of 2 yuan per 10 shares [8] Group 3: Significant Corporate Announcements - National City Mining reported a net profit of 612 million yuan for the first quarter of 2025, a year-on-year increase of 18,279.65%, primarily due to increased investment income from the sale of subsidiaries [9] - Zhenghe Ecology signed a strategic cooperation agreement with Yanshan (Hebei) Cultural Tourism Development Group, planning a total investment of 2 billion yuan for a tourism integration project [9] - New Life Fortune announced plans to issue shares and pay cash to acquire 100% of Guangzhou Jinnan Magnetic Materials, which is expected to constitute a major asset restructuring [9] - Chengdi Xiangjiang announced that its subsidiary won a bid for a project with a contract value of 1.632 billion yuan, with a construction period of 92 days [10]

Core Viewpoint - *ST Gongzhi (formerly known as Harbin Intelligent) faces potential delisting as it received an audit report with no opinion from the auditing firm, Unitaizhenqing, for its 2024 financial statements, alongside a negative opinion on internal controls [1][2] Financial Reporting Issues - The audit firm was unable to obtain sufficient and appropriate audit evidence regarding the financial statements, particularly concerning equity investment platforms and revenue recognition [2][4] - The total initial investment cost in four equity investment platforms amounts to 650 million yuan, while the total transfer price from these platforms is only 309 million yuan [2] - As of December 31, 2024, the company has not completed the disposal of these four platforms, with a total impairment provision of 51.8571 million yuan recorded [3] Revenue Recognition Concerns - In 2024, *ST Gongzhi reported operating revenue of 1.93596 billion yuan, primarily from high-end equipment manufacturing [4] - The company plans to change its revenue recognition method from the time period method to the point in time method, but has not completed the necessary adjustments for previous years [4][5] Independent Directors' Opinions - Three independent directors expressed concerns about the company's financial reporting, citing frequent changes in management, incomplete rectification of previous issues, and lack of clarity in financial data [1][6] - Independent director Wang Liang noted the uncertainty surrounding the audit due to incomplete rectification efforts, while Du Yiliang highlighted issues with the company's financial data integrity [5][6] - All three independent directors abstained from voting on the annual report due to these concerns [6]

Mergers and Acquisitions - Xinlaifu plans to acquire 100% of Jin Nan Magnetic Materials, with the transaction expected to constitute a major asset restructuring. The company aims to strategically expand its business boundaries and achieve deep industry chain collaboration through the integration of core technologies in permanent and soft magnetic materials, as well as powder metallurgy [1] - Deep Keda intends to purchase 16.92% of Xianma Technology for 47.376 million yuan, which will increase its ownership to 80.92%. Xianma Technology is noted for having the highest gross margin and profitability within the company's consolidated financial statements [2] - Zhongrun Optical plans to use its own funds and part of the raised funds to acquire 51% of Dais Optoelectronics for a total of 158 million yuan. This acquisition will allow for shared market channels and customer resources, enhancing technological collaboration and achieving complementary advantages [3] Performance Disclosure - Gree Electric reported a revenue of approximately 189.164 billion yuan for 2024, a year-on-year decrease of 7.26%, while net profit attributable to shareholders increased by 10.91% to 32.185 billion yuan. The company has diversified its product categories, achieving strong retail performance [4] - Luzhou Laojiao announced a revenue of 31.196 billion yuan for 2024, a year-on-year increase of 3.19%, with a net profit of 13.473 billion yuan, up 1.71%. The company emphasizes its marketing strategy focused on digital innovation and efficient collaboration [5] - China Power Construction reported a revenue of 633.685 billion yuan for 2024, a 4.07% increase, but net profit decreased by 7.21% to 12.015 billion yuan. The company highlights steady operational improvements and compliance in its business practices [6] Share Buybacks - Lian Ce Technology plans to repurchase shares worth between 10 million and 20 million yuan, with a maximum repurchase price of 40 yuan per share, intended for employee stock ownership plans or equity incentives [7] - Zhenhua Heavy Industry intends to repurchase shares worth between 50 million and 100 million yuan, with a maximum price of 6.93 yuan per share, for the purpose of cancellation and reducing registered capital [9] - Wanxing Technology's actual controller proposed a share buyback of 25 million to 50 million yuan, to be executed through centralized bidding for future employee stock ownership plans or equity incentives [10]

江苏哈工智能机器人股份有限公司 2024年度财务报告 合并资产负债表 2024年12月31日 | 编制单位：江苏哈工智能机器人股份有限公司 | | | | | --- | --- | --- | --- | | 金额单位：人民币元 | | | | | 资 产 | | 附注 | 期末余 | | 额 | 上年年末余额 | | | | 流动资产： | | | | | 货币资金 | | 93,711, 146.19 | 198,289,253.95 | | 交易性金融资产 | | 37,465,958.42 | 37, 165,900.00 | | 衍生金融资产 | | | | | 应收票据 | | 145,936,680.73 | 11,490,049.86 | | 应收账款 | | 378,203,696.91 | 459,249,439.99 | | 应收款项融资 | | 17,359.56 | 52,410,630.03 | | 预付款项 | | 70,465,661.56 | 76,415,030.76 | | 其他应收款 | | 58,069,986.34 | 154,952,464.09 | | 存货 ...

国投证券股份有限公司 关于江苏哈工智能机器人股份有限公司 2024 年度募集资金存放与使用情况的专项核查报告 国投证券股份有限公司（简称"国投证券"或"保荐机构"）作为江苏哈工 智能机器人股份有限公司（简称"哈工智能"或"公司"）2019 年度非公开发行 股票的保荐机构，根据《证券发行上市保荐业务管理办法》《深圳证券交易所上 市公司自律监管指引第 13 号——保荐业务》《深圳证券交易所上市公司自律监 管指引第 1 号——主板上市公司规范运作》等法律法规及规范性文件的要求，对 哈工智能 2024 年度募集资金存放与使用情况进行了审慎核查，并发表如下核查 意见： 一、募集资金基本情况 （一）实际募集资金金额和资金到账时间 经中国证券监督管理委员会证监许可[2020]1177 号文核准，公司向特定投 资者非公开发行人民币普通股 147,613,238 股，每股发行价格为 4.68 元，募集 资金总额为人民币 690,829,953.84 元，扣除承销费和保荐费 10,625,310.34 元 （不含增值税金额为 10,023,877.68 元）后的募集资金为人民币 680,204,643.50 元，已由主承销商国投 ...

江苏哈工智能机器人股份有限公司 2024 年度监事会工作报告 2024 年度，监事会严格按照《公司法》、《深圳证券交易所上市公司自律 监管指引第 1 号——主板上市公司规范运作》等法律、法规和《公司章程》《公 司监事会议事规则》的规定和要求，认真履职，紧密围绕公司发展开展工作，积 极参与公司经营决策，对公司对外投资、非公开发行股票、财务状况和董事、总 经理及其他高级管理人员的行为进行了广泛的监督，切实维护了公司及全体股东 的利益。严格按照股东大会的决议和授权，认真执行并完成股东大会的各项决议。 一、报告期内召开监事会会议情况 报告期内，共召开 16 次监事会会议，会议的召集和召开程序、出席会议人 员资格、召集人资格及表决程序等均符合相关法律、法规及《公司章程》的有关 规定，作出的会议决议合法有效，监事会对报告期内的监督事项均无异议。具体 审议的议案如下： | | | 召开时间 | | | 会议届次 | 审议议案 | | --- | --- | --- | --- | --- | --- | --- | | 2024 | 年 | 1 | 月 | 11 | 第十二届监事会 日 | 关于选举非职工监事的议案； | ...

江苏哈工智能机器人股份有限公司 证券代码：000584 证券简称：*ST 工智 公告编号：2025-067 江苏哈工智能机器人股份有限公司 2024年年度募集资金存放与使用情况的专项报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或者重大遗漏。 根据《上市公司监管指引第 2 号—上市公司募集资金管理和使用的监管要 求》、《深圳证券交易所上市公司自律监管指引第 1 号——主板规范运作》及《深 圳证券交易所上市公司自律监管指南第 2 号——公告格式》的有关规定，江苏哈 工智能机器人股份有限公司（以下简称"哈工智能"、"本公司"或"公司"） 2024 年度募集资金存放与使用情况专项报告说明如下： 一、募集资金基本情况 (一)实际募集资金金额和资金到账时间 经中国证券监督管理委员会证监许可[2020]1177 号文核准，本公司向特定 投资者非公开发行人民币普通股 147,613,238 股，每股发行价格为 4.68 元，募 集资金总额为人民币 690,829,953.84 元，扣除承销费和保荐费 10,625,310.34 元 （ 不 含 增 值 税 金 额 为 10,023 ...

江苏哈工智能机器人股份有限公司 证券代码：000584 证券简称：*ST 工智 公告编号：2025-066 江苏哈工智能机器人股份有限公司 关于2025年度董事、监事及高级管理人员薪酬方案的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 江苏哈工智能机器人股份有限公司（以下简称"公司"）于2025年4月25日召 开公司第十二届董事会第三十七次会议和第十二届监事会第二十四次会议，审议 通过了《关于2025年度董事、监事及高级管理人员薪酬方案的议案》，该议案尚 需提交公司2024年度股东大会审议，现将具体情况公告如下： 根据《公司章程》《董事会薪酬与考核委员会工作细则》等相关制度，结合 公司经营规模等实际情况并参照行业薪酬水平，制定公司2025年度董事、监事及 高级管理人员薪酬方案。 一、本方案适用对象 （1）在公司担任管理职务的董事，依据其与公司签署的相关合同、在公司 担任的职务和实际负责的工作,以及公司薪酬管理制度领取薪酬，并享受公司各 项社会保险及其它福利待遇，公司不再另行支付董事津贴。 （2）未在公司担任任何管理职务，且未与公司就其薪酬或津贴签署任何 ...

江苏哈工智能机器人股份有限公司 江苏哈工智能机器人股份有限公司（以下简称"公司"或"哈工智能"）于 2025年4月25日召开独立董事专门会议2025年第二次会议、第十二届董事会第三 十七次会议及第十二届监事会第二十四次会议，审议通过了《关于部分募投项目 （研发中心建设）延期的议案》。公司在募投项目实施主体、实施方式、投资总 额和项目用途不发生变更的情况下，将研发中心建设项目的结项时间延期至2025 年12月31日。该事项在董事会审批权限范围内，无需提交股东大会审议。现就相 关事项公告如下： 一、 关于募集资金项目的概述 1、募集资金基本情况 经中国证券监督管理委员会出具的《关于核准江苏哈工智能机器人股份有限 公司非公开发行股票的批复》（证监许可2020〔1177〕号）核准，公司向特定投 资者非公开发行人民币普通股147,613,238股，每股发行价格为4.68元，募集资 金总额为人民币690,829,953.84元，扣除承销费和保荐费10,625,310.34元（不 含增值税金额为10,023,877.68元）后的募集资金为人民币680,204,643.50元， 已由主承销商国投证券股份有限公司（以下简称"国 ...