股票代码：000700 股票简称：模塑科技 公告编号：2025-048 江南模塑科技股份有限公司 第十二届董事会第二次会议决议公告 三、备查文件 1、第十二届董事会第二次会议决议； 特此公告。 江南模塑科技股份有限公司 董 事 会 2025 年 8 月 30 日 一、董事会会议召开情况 江南模塑科技股份有限公司（以下简称"模塑科技"、"公司"或"本公司"）第十二届 董事会第二次会议已于 2025 年 8 月 19 日以专人送达、传真或电子邮件形式发出会议通 知，并于 2025 年 8 月 29 日以现场结合通讯方式召开。本次董事会应出席董事 9 名，实 际出席董事 9 名，其中曹明芳先生、朱晓东先生、姚伟先生、李山先生以通讯方式参与。 会议由董事长曹克波先生主持，公司全体高级管理人员列席了本次会议。本次会议的召 集、召开符合《公司法》及《公司章程》的规定。 二、董事会会议审议情况 1、审议通过《关于公司 2025 年半年度报告及摘要的议案》 表决结果：同意 9 票，反对 0 票，弃权 0 票，议案获得通过。 详细情况请查阅 2025 年 8 月 30 日在《证券时报》、《上海证券报》及巨潮网 （www.cni ...

Financial Performance - The company's operating revenue for the first half of 2025 was ¥3,398,834,289.11, a decrease of 4.24% compared to ¥3,549,408,306.05 in the same period last year[19] - The net profit attributable to shareholders was ¥293,328,541.33, down 18.12% from ¥358,221,041.97 year-on-year[19] - The net profit after deducting non-recurring gains and losses was ¥241,935,574.62, a decline of 26.12% compared to ¥327,474,253.41 in the previous year[19] - The net cash flow from operating activities was ¥236,211,292.26, representing a significant drop of 58.16% from ¥564,581,345.14 in the same period last year[19] - The basic earnings per share were ¥0.3195, down 18.08% from ¥0.39 in the same period last year[19] - The weighted average return on equity decreased by 2.09 percentage points to 7.93% from 10.02% year-on-year[19] - The company reported a revenue of 3,398.83 million yuan, a decrease of 4.24% year-on-year, and a net profit attributable to shareholders of 293.33 million yuan, down 18.12% year-on-year[45] - The automotive sector accounted for 92.83% of total revenue, generating RMB 3.16 billion, down 4.43% year-on-year[55] - The company reported a total profit for the first half of 2025 of approximately $342.79 million, a decrease of 8.19% from $373.39 million in the first half of 2024[138] Assets and Liabilities - The total assets at the end of the reporting period were ¥7,995,482,074.39, a decrease of 4.41% from ¥8,363,941,935.09 at the end of the previous year[19] - The asset-liability ratio decreased from 58.14% at the beginning of 2025 to 50.89%, a reduction of 7.25 percentage points[45] - Total liabilities decreased from ¥4,862,493,048.10 to ¥4,068,847,626.68, a decline of approximately 16.31%[132] - Total current assets decreased from ¥3,939,551,322.66 to ¥3,792,143,702.52, a decline of approximately 3.74%[134] - Total non-current assets decreased from ¥3,944,805,095.35 to ¥3,862,702,938.35, a decline of approximately 2.07%[131] Cash Flow - The company’s operating cash flow net amount decreased by 58.16% to RMB 236.21 million, primarily due to a decline in sales[53] - The total cash inflow from operating activities decreased to CNY 3,129,919,579.59 in the first half of 2025, down 16.3% from CNY 3,740,283,505.58 in the same period last year[143] - Cash outflow from operating activities increased to CNY 2,893,708,287.33, compared to CNY 3,175,702,160.44 in the first half of 2024, reflecting a decrease of 8.9%[143] - Investment cash flow net amount for the first half of 2025 was CNY 101,877,869.08, significantly up from CNY 26,004,407.81 in the first half of 2024[144] - Financing cash flow net amount for the first half of 2025 was CNY -333,335,371.08, worsening from CNY -228,444,484.16 in the first half of 2024[144] Investments and Subsidiaries - The company has established production bases in Wuxi, Shanghai, Shenyang, Wuhan, Yantai, and Mexico, enhancing its international market competitiveness[30] - The company’s subsidiary in Mexico secured a project from a North American electric vehicle company, with an expected total sales of RMB 12.36 billion over a lifecycle of 5 years, starting production in January 2026[48] - The company has multiple guarantees for Shanghai Mingchen, with a total guarantee amount of 40,000 million yuan and actual amounts ranging from 1,000 million yuan to 1,500 million yuan[109] - The company has a total of 15 subsidiaries, including those involved in healthcare and real estate development[168] Research and Development - The company focuses on technological innovation, holding multiple patents and engaging in R&D for future technologies like digital grilles and lightweight materials[40] - Research and development expenses for the first half of 2025 were approximately $98.54 million, a decrease of 6.88% from $105.73 million in the first half of 2024[137] Governance and Compliance - The company plans to enhance its governance structure in compliance with relevant laws to create value for investors[52] - The company has committed to ensuring that its governance structure remains independent from its controlling shareholder[89] - The semi-annual financial report has not been audited[92] - The company has not experienced any bankruptcy restructuring during the reporting period[93] Market and Competition - The company faces significant market risks due to the cyclical nature of the automotive parts industry, influenced by macroeconomic factors and increasing competition in the domestic passenger car market[73] - The automotive market saw production and sales of 15.62 million and 15.65 million vehicles respectively in the first half of 2025, with a year-on-year growth of 12.5% and 11.4%[46] Social Responsibility - The company actively engages in social responsibility initiatives, including volunteer activities and donations to local schools, enhancing its community presence[85] - The company has conducted over 40 free medical services, benefiting approximately 8,000 individuals in the first half of 2025 through its affiliated Wuxi Mingci Hospital[85] Human Resources - The company has established a core team structure and is focusing on talent acquisition and training to address human resource risks associated with its expanding scale and external competition[76] - The company emphasizes employee loyalty and retention through competitive compensation and a strong corporate culture, aiming to mitigate human resource risks[76] Environmental Responsibility - The company has included nine subsidiaries in the legally mandated environmental information disclosure list, demonstrating its commitment to environmental responsibility[82]

Core Viewpoint - The legal opinion letter from Grandall Law Firm (Shanghai) addresses the adjustment of the grant price for the 2022 Restricted Stock Incentive Plan of Xiamen Weike Moulding Technology Co., Ltd, confirming that the adjustment has received necessary approvals and complies with relevant laws and regulations [4][6][8]. Summary by Sections Approval and Authorization of the Incentive Plan - The company held meetings on December 25, 2022, where the board and supervisory committee approved the draft of the 2022 Restricted Stock Incentive Plan and related proposals [4][5]. - On January 12, 2023, the company convened a temporary shareholders' meeting, which approved the incentive plan and authorized the board to handle related matters [5][6]. Adjustment Reasons and Methods - The adjustment of the grant price was due to the implementation of the 2024 profit distribution plan, which involved distributing cash dividends of 6 yuan per 10 shares to all shareholders [6][8]. - The adjustment method follows the formula: P = P0 - V, where P0 is the previous grant price, V is the dividend per share, and P is the adjusted grant price. The new grant price is set at 15.22 yuan per share [8]. Information Disclosure of the Incentive Plan - The law firm confirmed that the company has fulfilled its information disclosure obligations regarding the adjustment of the grant price, in accordance with relevant laws and regulations [8][9]. Conclusion Opinion - The law firm concludes that the adjustment of the grant price has obtained necessary approvals and complies with the Company Law and relevant regulations, and that the company has met its current information disclosure obligations [8][9].

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company's profitability is gradually recovering, with significant acquisition of major client projects [1] - The company has received project designations from leading luxury car manufacturers and well-known North American companies, with expected total sales of 20.4 billion and 12.4 billion respectively [3][4] - The automotive industry is experiencing a shift towards lightweight and customized exterior parts, with a growing demand for plastic bumpers to replace steel, enhancing the average selling price (ASP) per vehicle [6] Summary by Relevant Sections Financial Performance - In 2024, the company is expected to achieve revenue of 71.4 billion, a year-on-year decrease of 18.2%, while net profit is projected to be 6.3 billion, an increase of 39.5% [4] - For Q1 2025, the company reported revenue of 16.0 billion, a decrease of 11.7% year-on-year, but net profit increased by 2.7% to 1.5 billion, with a significant rise in non-recurring net profit by 45.1% [5] - The company forecasts revenues of 81.0 billion, 91.6 billion, and 103.1 billion for 2025, 2026, and 2027 respectively, with net profits of 7.1 billion, 8.1 billion, and 9.2 billion [8][10] Market Position and Client Base - The company ranks first in the domestic luxury car exterior parts market and has secured orders from major brands including Tesla, BMW, and various domestic electric vehicle manufacturers [6][7] - Recent project designations include significant sales volumes and revenues from luxury car clients, indicating a robust order book [7] Industry Trends - The global automotive bumper market is projected to grow from 156.8 billion in 2022 to 200.6 billion by 2025, with a compound annual growth rate (CAGR) of 6.4% [6] - The trend towards customization and enhanced consumer attributes in automotive exterior parts is expected to further increase the value per vehicle [6]

Group 1 - The core point of the announcement is that Jiangyin Mould Group Co., Ltd., the controlling shareholder of Jiangnan Mould Technology Co., Ltd., has partially released and re-pledged its shares [2][3] - The financing from the pledged shares is not intended to meet the operational needs of the listed company [2] - The controlling shareholder has sufficient repayment ability from its own and self-raised funds, and there are no non-operating fund occupations or violations that harm the company's interests [3] Group 2 - The pledged shares do not involve any performance compensation obligations [3] - The share pledge matters will not impact the company's operations or governance [3] - Relevant documents such as the release of securities pledge registration notice and share pledge registration certificate are available for review [3]

Core Viewpoint - Jiangnan Mould & Plastic Technology Co., Ltd. announced that its controlling shareholder, Jiangyin Mould Group Co., Ltd., has released and re-pledged part of its shares [1] Share Pledge Release Situation - Jiangyin Mould Group released 4.4 million shares from pledge, which represents 1.27% of its holdings and 0.48% of the company's total share capital. The pledge was initiated on July 29, 2022, and released on August 21, 2025, with the pledgee being Nanjing Bank Co., Ltd. Wuxi Branch [2] Share Pledge Situation - Immediately after the release, Jiangyin Mould Group re-pledged the same 4.4 million shares starting from August 22, 2025, with no specified end date for the pledge. The purpose of this pledge is for capital management needs, and it also represents 1.27% of its holdings and 0.48% of the company's total share capital [3] Cumulative Share Pledge Situation - As of the announcement date, Jiangyin Mould Group holds 347,145,082 shares, accounting for 37.81% of the total shares. Prior to this pledge, the total pledged shares were 26,288,970 shares, which increased to 26,728,970 shares post-pledge, representing 77.00% of its holdings and 29.12% of the company's total share capital. All pledged and unpledged shares are free from restrictions and freezing [4] Other Notes - The announcement clarified that the funds from this share pledge financing will not be used for the company's operational needs. Jiangyin Mould Group's repayment will come from its own and self-raised funds, indicating sufficient repayment capability. There are no non-operational fund occupations or illegal guarantees that harm the company's interests, and this share pledge will not affect the company's operations or governance [5]

股票代码：000700 股票简称：模塑科技 公告编号：2025-047 江南模塑科技股份有限公司 关于控股股东部分股权解除质押和再质押的公告 本公司及董事会全体成员保证公告内容真实、准确、完整，没有虚假记载、误导性陈述 或重大遗漏。 一、股东股份解除质押和质押的基本情况 | 股东名称 | 是否为第 一大股东 | 质押股 | 占其所 | 占公司 | 是否 | 是否为 | 质押开 | 质押到期 | 质权人 | 用途 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 及一致行 | 数 | 持股份 | 总股本 | 为限 | 补充质 | 始日期 | 日 | | | | | 动人 | | 比例 | 比例 | 售股 | 押 | | | | | | 江阴模塑 | | 万 440 | | | | | 2025-8 | 质押人申 | 南京银行 股份有限 | 资金调 | | 集团有限 | 是 | | 1.27% | 0.48% | 否 | 否 | | 请解除质 | | | | 公司 | | 股 | | | | | -22 | 押为止 ...

Core Viewpoint - Qingdao Haitai Technology Co., Ltd. is proceeding with the early redemption of its convertible bonds, having met the necessary legal and regulatory conditions for such an action [1][9]. Group 1: Legal Framework and Compliance - The law firm has been appointed as a special legal advisor for the redemption of the convertible bonds, ensuring compliance with relevant laws including the Company Law and Securities Law [1][2]. - The law firm confirms that all statements and documents provided by the company are accurate and complete, with no misleading information [2]. Group 2: Issuance and Approval of Convertible Bonds - The company has received necessary approvals for the issuance of convertible bonds, including independent opinions from its independent directors [3][4]. - The application for the issuance of convertible bonds has been reviewed and approved by the Shenzhen Stock Exchange and registered by the China Securities Regulatory Commission [4][5]. Group 3: Redemption Conditions - The redemption conditions are outlined in the offering prospectus, allowing the company to redeem the bonds if certain price thresholds are met [5][6]. - The bond's conversion price has been adjusted multiple times, with the latest adjustment setting it at RMB 26.36 per share, effective from September 20, 2024 [7][8]. Group 4: Triggering Redemption Rights - The company has triggered the conditional redemption clause as the stock price met the required threshold for a specified period [8][9]. - The board of directors has approved the early redemption of the bonds, aligning with market conditions and the company's situation [9].

证券之星消息，8月20日汽车零部件板块较上一交易日上涨1.72%，松原安全领涨。当日上证指数报收 于3766.21，上涨1.04%。深证成指报收于11926.74，上涨0.89%。汽车零部件板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 300893 | 松原安全 | 31.98 | 20.00% | 10.73万 | | 3.24亿 | | 000700 | 模塑科技 | 10.41 | 10.04% | 116.74万 | | 11.71亿 | | 600218 | 全柴动力 | 10.96 | 10.04% | 25.83万 | ﻓﻲ | 2.82亿 | | 603158 | 腾龙股份 | 14.14 | 10.04% | 116.83万 | | 16.18亿 | | 603586 | 金麒麟 | 21.95 | 10.03% | 11.32万 | | 2.39亿 | | 603013 | 亚普股份 | 23.93 | 10.02% | 14.75万 ...

Group 1 - The Science and Technology Innovation 50 Index rose over 3%, reaching a new high for the year, driven by a collective surge in chip stocks [1] - Companies such as Jimin Health, Hanzhong Precision Machinery, and Kesen Technology have seen consecutive trading gains, with Jimin Health achieving a five-day streak [1] - The AI server market is dominated by Inspur Information, which holds over 50% market share in China and has reported a 64.39% year-on-year increase in net profit for the first quarter [1] Group 2 - The domestic leading companies are making significant advancements, with Nvidia reportedly developing an AI chip specifically for the Chinese market [3] - Companies like Fullchai Power and Yuanlin Co. have also seen consecutive trading gains, indicating strong market performance [3] - The company Guangxin Technology is a leader in optical modules and has partnered with Cisco to launch a 1.6T silicon optical module [3] Group 3 - The domestic automotive sector is witnessing significant developments, with China FAW planning to acquire approximately 10% of Leap Motor [6] - Companies like Mould Technology and Shentong Express are also making strides, with Mould Technology providing components for new energy vehicles [6] - The automotive thermal management sector is led by companies like Hanzhong Precision Machinery, which specializes in compressors and refrigeration products [8] Group 4 - The pharmaceutical industry is seeing a surge in domestic innovative drugs going global, with Tianmu Pharmaceutical being the first listed company in traditional Chinese medicine [7] - Companies like Huahai Pharmaceutical are advancing in the development of innovative drugs, with over 20 projects currently in research [7] - The automotive passive safety system sector is represented by companies like Songyuan Safety, which reported a 30.85% year-on-year increase in net profit [7]