股票简称：ST 云动 股票代码：000903 编号：2025—054 号 昆明云内动力股份有限公司 2025 年第二次临时股东大会决议公告 本公司及其董事会全体成员保证公告内容的真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 特别提示： 1、本次股东大会未出现否决议案的情形。 2、本次股东大会未涉及变更以往股东大会已通过的决议。 一、会议的召开情况 昆明云内动力股份有限公司（以下简称"公司"）2025 年第二次临时股东大会于 2025 年 8 月 27 日以公告形式发出通知。 1、会议召开时间： 现场会议时间为：2025 年 9 月 12 日下午 14:30 网络投票时间为：2025 年 9 月 12 日。其中，通过深圳证券交易所交易系统进 行 网 络 投 票 的 具 体 时 间 为 ： 2025 年 9 月 12 日 9:15-9:25 ， 9:30-11:30 和 13:00-15:00；通过深圳证券交易所互联网投票系统投票的具体时间为：2025 年 9 月 12 日 9:15 至 15:00 期间的任意时间。 2、现场会议召开地点：中国（云南）自由贸易试验区昆明片区经开区经景路 66 号昆明云 ...

Group 1 - The company is actively exploring the unmanned vehicle market and has achieved small-scale sales of its products [2] - The technology route of the unmanned vehicle products focuses on the autonomous driving field and is not directly related to humanoid robot business [2] - The company is inquiring about its collaboration with Jiushi Intelligent on the L4-level robot project and its competitive advantage over industry competitor Yushu Technology [2]

Core Viewpoint - Mingzhi Technology (688355) is currently involved in a lawsuit against Kunming Yunnei Power Co., Ltd. regarding unpaid debts, with significant amounts at stake [1] Group 1: Lawsuit Details - Mingzhi Technology has filed a lawsuit for a total claim of 30.9655 million yuan in unpaid debts and an overdue payment loss of 4.4142 million yuan, calculated until October 8, 2024 [1] - Yunnei Power has counter-sued Mingzhi Technology for a total of 40.1629 million yuan, including claims for warranty compensation, quality claims, and return payments [1] Group 2: Financial Impact - Mingzhi Technology has made provisions for bad debts related to accounts receivable from Yunnei Power, which could positively impact the company's financial results if debts are recovered [2] - The outcome of the lawsuit remains uncertain, and the impact on the company's profits for the current and future years will depend on the court's decision [2] - The lawsuit is not expected to affect the normal production and operations of Mingzhi Technology [2]

Financial Performance - ST Yundong reported a net profit decline of 43.18% year-on-year, with a total revenue of 2.82 billion yuan, down 9.85% compared to the previous year [1] - The company's gross margin decreased to 6.36%, a drop of 32.23% year-on-year, while the net margin fell to -5.12%, down 58.64% [1] - In Q2, total revenue was 1.32 billion yuan, a decrease of 4.94% year-on-year, and the net profit for the quarter was -1.18 billion yuan, down 29.81% [1] Key Financial Metrics - The company's total expenses (selling, administrative, and financial) amounted to 208 million yuan, accounting for 7.39% of revenue, a decrease of 8.65% year-on-year [1] - Earnings per share (EPS) was -0.07 yuan, a decline of 42.31% year-on-year, and the operating cash flow per share was -0.18 yuan, down 33.51% [1] - The company's net asset value per share decreased to 0.77 yuan, a drop of 45.42% year-on-year [1] Business Model and Historical Performance - The company's business model relies heavily on research and development, but historical financial data indicates a weak return on invested capital (ROIC) with a median of 2.96% over the past decade [3] - The company has reported losses in three out of the 25 annual reports since its listing, indicating a fragile business model [3] - The most significant loss year was 2022, with an ROIC of -17.89%, highlighting poor investment returns [3] Cash Flow and Debt Situation - The cash flow situation is concerning, with cash and cash equivalents covering only 28.16% of current liabilities, and the average operating cash flow over the past three years being negative [3] - The company has a debt ratio of 50.31% for interest-bearing liabilities, indicating a high level of financial leverage [3] - Financial expenses have been consistently negative over the past three years, raising concerns about the company's financial health [3]

Group 1 - ST Yundong (SZ 000903) held its 12th meeting of the 7th board of directors on August 25, 2025, to review proposals including the revision of certain governance systems [1] - For the first half of 2025, ST Yundong's revenue composition was as follows: 95.47% from the engine industry, 3.15% from other businesses, and 1.38% from the electronics industry [1] Group 2 - The pet industry is experiencing a significant boom, with a market size of 300 billion yuan, leading to a surge in stock prices for related companies [1]

Core Viewpoint - The company has undergone significant changes in its governance structure, including the cancellation of the supervisory board and adjustments to its capital structure due to the repurchase and cancellation of restricted stock options [53][54]. Group 1: Financial and Operational Updates - The company reported a change in its registered capital from 1,934,961,410 yuan to 1,934,844,410 yuan following the repurchase of 117,000 restricted stocks [53][54]. - The company will not distribute cash dividends or issue bonus shares during the reporting period [2]. Group 2: Governance Changes - The supervisory board has been abolished, with its responsibilities transferred to the audit committee of the board of directors [54]. - The company has revised its articles of association to reflect the changes in governance structure [54]. Group 3: Stock Repurchase Details - The company plans to repurchase 117,000 restricted stocks, which accounts for 0.0060% of the total share capital, at a price of 1.54 yuan per share plus applicable interest [36][49]. - The repurchase is due to one executive's retirement and another's stock being released from judicial freeze, leading to the cancellation of their unvested shares [36][46]. Group 4: Compliance and Audit - The company has received a warning and a fine from the regulatory authority for false disclosures in its annual reports for 2021 and 2022 [6]. - The company has committed to improving its internal control systems and financial reporting quality following the audit findings [6][49].

Meeting Announcement - The company will hold its second extraordinary general meeting of shareholders in 2025 on September 12, 2025 [3][4] - The meeting was approved by the company's seventh board of directors during its twelfth meeting [3][9] Meeting Details - The meeting will take place at 14:30 on September 12, 2025, with both on-site and online voting options available [4][10] - The record date for shareholders to attend the meeting is September 5, 2025 [5] Attendance - All ordinary shareholders registered by the record date can attend the meeting, either in person or through a proxy [7][8] - Company directors, supervisors, senior management, and appointed lawyers are also allowed to attend [8] Voting Procedures - Voting will be conducted through the Shenzhen Stock Exchange trading system and internet voting system [4][16] - Shareholders can vote during specified times on September 12, 2025, with detailed procedures provided in the attachments [16][17] Proposals and Resolutions - The meeting will review proposals that have been approved by the board, with special resolutions requiring a two-thirds majority from participating shareholders [9] - Separate counting of votes from small and medium investors will be conducted [9] Registration Information - Registration for the meeting will occur on September 11, 2025, at the company's office [10][11] - Specific documentation is required for both individual and corporate shareholders to register [11] Contact Information - The company has provided contact details for inquiries related to the meeting [13]

股票简称：ST 云动 股票代码：000903 编号：2025-050 号 1、本次拟回购注销的限制性股票数量为 117,000 股，占公司当前股本总额 的 0.0060%，涉及激励对象 2 人。其中，因 1 名激励对象退休而回购注销限制性 股票 78,000 股，回购价格为 1.54 元/股加中国人民银行公布的同期定期存款利 息；因 1 名激励对象持有的股票解除司法冻结而回购注销限制性股票 39,000 股， 回购价格为 1.54 元/股。 2、本次回购注销完成后，公司股本总额将由 1,934,961,410 股减至 1,934,844,410 股，公司股权分布仍具备上市条件。 昆明云内动力股份有限公司（以下简称"公司"）于2025年8月25日召开的第七 届董事会第十二次会议及第七届监事会第九次会议审议通过了《关于回购注销2022 年限制性股票激励计划部分限制性股票的议案》。鉴于公司2022年限制性股票激励 计划首次授予部分中1名激励对象退休不再具备激励对象资格及1名激励对象持 有的因第二个限售期（2024年）解除限售条件未成就而应解除限售的限制性股票 解除司法冻结，董事会同意回购注销其已获授但尚未解除限售的 ...

云南澜湄律师事务所 法律意见书 云南澜湄律师事务所 关于昆明云内动力股份有限公司回购注销 2022 年限制性股票激励计划部分限制性股票相关事宜的 法律意见书 主管机构、部门的有关规定发表法律意见。 致：昆明云内动力股份有限公司 云南澜湄律师事务所（以下简称"本所"）接受昆明云内动力股份有限公司 （以下简称"公司"或"云内动力"）的委托，担任公司 2022 年限制性股票激励 计划（以下简称"本次激励计划"）相关事宜的专项法律顾问。 本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中 华人民共和国证券法》（以下简称"《证券法》"）、《上市公司股权激励管理 办法》（以下简称"《管理办法》"）、《国有控股上市公司（境内）实施股权 激励试行办法》（以下简称"《试行办法》"）、《关于规范国有控股上市公司 实施股权激励制度有关问题的通知》（以下简称"《规范通知》"）、《中央企 业控股上市公司实施股权激励工作指引》（以下简称"《工作指引》"）等法律、 法规、部门规章和规范性文件的有关规定，对公司拟根据《昆明云内动力股份有 限公司 2022 年限制性股票激励计划（草案）》（以下简称"《限制性股票激励计 划》" ...

点击查看公告原文>> 2025年8月25日，公司第七届董事会第十二次会议及第七届监事会第九次会议审议通过回购注销议案。 不过，本次回购注销尚需提交股东大会审议通过，并按规定及时公告，同时因涉及注册资本减少，还需 履行相应减资程序。 回购注销具体情况原因及数量：因1名激励对象退休不再具备资格，董事会决定回购注销其未解除限售 的78,000股；另1名激励对象因第二个限售期（2024年）解除限售条件未成就且相关股票解除司法冻 结，董事会决定回购注销其未解除限售的39,000股。本次回购注销共计117,000股，占公司当前股本总额 的0.0060%。回购价格：退休激励对象的未解除限售股票，按授予价格1.54元/股加中国人民银行公布的 同期定期存款利息回购；另一名激励对象的相关股票，因授予价格1.54元/股低于董事会决议公告前1个 交易日公司股票交易均价3.15元/股 ，按1.54元/股回购。资金来源：公司拟用于本次回购的资金总额 180,180.00元加上相应银行同期定期存款利息之和，资金来源为自有资金。 云内动力此次回购注销部分限制性股票，是对激励计划的正常调整，旨在确保激励计划的有效性与公平 性，后续公司将按规定 ...