[Current Period Performance Forecast](index=1&type=section&id=%E4%B8%80.%20%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E8%AE%A1%E6%83%85%E5%86%B5) The company expects to achieve a significant turnaround in profitability in the first half of 2025, with net profit attributable to shareholders projected to be RMB 150 million to RMB 225 million, representing a year-on-year increase of 113%-120%, while net loss after deducting non-recurring items is expected to narrow by 40%-54% Performance Forecast Summary | Item | Current Period (2025 H1) | Prior Period | Change | | :--- | :--- | :--- | :--- | | **Net Profit Attributable to Shareholders** | Profit: RMB 150 million - RMB 225 million | Loss: RMB 1,129.8706 million | Year-on-year Growth: 113% - 120% | | **Net Profit After Non-Recurring Items** | Loss: RMB 252 million - RMB 327 million | Loss: RMB 543.8248 million | Loss Reduction: 40% - 54% | | **Basic Earnings Per Share** | Profit: RMB 0.0150/share – RMB 0.0225/share | Loss: RMB 0.063/share | Turnaround to Profit | [Communication with Accounting Firm](index=1&type=section&id=%E4%BA%8C.%20%E4%B8%8E%E4%BC%9A%E8%AE%A1%E5%B8%88%E4%BA%8B%E5%8A%A1%E6%89%80%E6%B2%9F%E9%80%9A%E6%83%85%E5%86%B5) The performance forecast data is unaudited, but the company has conducted preliminary communication with the accounting firm regarding significant matters in the forecast, with no material disagreements - The performance forecast data is unaudited, but preliminary communication with the accounting firm on significant matters indicates **no material disagreements**[4](index=4&type=chunk) [Explanation of Performance Changes](index=1&type=section&id=%E4%B8%89.%20%E4%B8%9A%E7%BB%A9%E5%8F%98%E5%8A%A8%E5%8E%9F%E5%9B%A0%E8%AF%B4%E6%98%8E) The turnaround to profitability is primarily due to the successful divestiture of persistently loss-making businesses like the real estate segment, significant reduction in financial expenses through debt restructuring, and non-recurring gains from disposing of non-core subsidiaries, while the company refocuses resources on new vehicle project R&D, though this core business segment is not yet profitable - Current period performance shows significant improvement year-on-year, primarily due to the **successful implementation of the company's strategic initiatives** translating into concrete operating results[5](index=5&type=chunk) - The company proactively divested persistently loss-making business units, including the **real estate segment and European joint ventures**, to eliminate their drag on overall profitability[5](index=5&type=chunk) - Financial expenses significantly decreased due to **historical debt restructuring and repayment**, creating a favorable financial environment for focusing on core business development[6](index=6&type=chunk) - The company realized **non-recurring asset disposal gains** during the reporting period by divesting non-core subsidiaries with operational risks or significant losses[6](index=6&type=chunk) - The company is focusing on its core business, increasing investment in **new vehicle project technology R&D**, though this segment has not yet achieved overall profitability[6](index=6&type=chunk) [Other Relevant Information](index=2&type=section&id=%E5%9B%9B.%20%E5%85%B6%E4%BB%96%E7%9B%B8%E5%85%B3%E8%AF%B4%E6%98%8E) The company's finance department has made preliminary estimates for this performance, with final precise financial data to be disclosed in the 2025 semi-annual report, and investors are advised to be aware of potential investment risks - This performance forecast represents a **preliminary estimate** by the company's finance department, with specific financial data subject to the company's 2025 semi-annual report, and investors are advised to **exercise caution regarding investment risks**[7](index=7&type=chunk)

山子高科（000981）公告，预计2025年上半年净利润为1.5亿元-2.25亿元，上年同期为亏损11.3亿元， 同比扭亏为盈。 ...

Core Insights - Tmall and Shanzi Gaoke (000981) signed a strategic cooperation agreement to explore a new retail model for customized smart cars, marking a new phase in the digital transformation of China's automotive industry [1] - The collaboration aims to integrate the entire process from online customization to data insights and intelligent manufacturing, leveraging Tmall's digital capabilities and Shanzi Gaoke's automotive industry advantages [1] Summary by Sections Strategic Cooperation - The partnership will utilize Tmall's New Product Innovation Center's digital capabilities and Shanzi Gaoke's full automotive industry chain advantages [1] - The first project, the V17 customized model, is currently in the prototype testing phase [1] Digital Integration - The cooperation focuses on connecting "online customization - data insights - intelligent manufacturing" [1] - Tmall will provide Shanzi Gaoke with a smart research system featuring 10 core functional modules for precise market demand digital analysis [1] Consumer Engagement - Consumers will have the opportunity to participate in vehicle configuration customization directly through the Tmall platform [1] - Shanzi Gaoke will use real-time user feedback to optimize product design and production processes [1] Market Insights - The initial phase will cover over 2,000 segmented market insight data points, supporting full lifecycle data analysis for the V17 model [1] Industry Significance - This project is the first deep digital cooperation case between an e-commerce platform and an automotive manufacturer in China, showcasing significant industry demonstration value [1] - Tmall's automotive business leader emphasized the importance of this collaboration in empowering the industry through technology [1] Future Prospects - Shanzi Gaoke's V17 project leader highlighted that this partnership will accelerate the shift towards user-driven manufacturing, with plans for further exploration in areas such as vehicle networking services, user operations, and after-sales services [1]

证券代码：000981 证券简称：山子高科 公告编号：2025-049 山子高科技股份有限公司 关于公司出售子公司股权的进展暨完成工商变更的公告 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。 重要内容提示： 1、山子高科技股份有限公司（以下简称"公司"）于 2025 年 4 月与杭州禾众 常青智慧服务有限责任公司（以下简称"交易对手方"）签订《股权转让协议》， 双方达成一致，交易对手方将受让公司持有浙江山子智慧服务有限责任公司 100% 的股权（以下简称"标的公司"），交易对价为人民币 4.735 亿元人民币。该事 项已经公司第九届董事会第五次临时会议、2025 年第一次临时股东大会审议通 过。 2、本次交易完成后，上市公司物业管理业务将不纳入合并范围，上市公司 主营收入结构将发生变化，提请投资者注意投资风险。 3、近日，交易对手方已完成股权转让款的结算，同时，公司已完成物业板 块出售全部工商变更登记手续。 4、根据《深圳证券交易所股票上市规则》，本次交易构成关联交易。 特此公告。 山子高科技股份有限公司董事会 二Ｏ二五年七月五日 5、根据《深圳证券交易所股 ...

证券代码：000981 证券简称：山子高科 公告编号：2025-050 山子高科技股份有限公司 关于公司出售子公司股权的进展暨完成工商变更的公告 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。 重要内容提示： 1、公司于 2025 年 5 月与哈尔滨市云开汽车零部件有限公司（以下简称"交 易对手方"）签订《股权转让协议》，双方达成一致，交易对手方将受让子汽车 产业集团有限公司（以下简称"山子汽车"）持有黑龙江云枫汽车有限公司（以 下简称"标的公司"或"云枫汽车"）80%的股权，交易对价为人民币 2460 万元 人民币（以下简称"本次交易"）。该事项已经公司第九届董事会第八次临时会议 审议通过。 2、近日，交易对手方已完成股权转让款的结算，同时，公司已完成云枫汽 车出售全部工商变更登记手续。 3、根据《深圳证券交易所股票上市规则》，本次交易不构成关联交易。 4、根据《深圳证券交易所股票上市规则》，本次交易不构成重大资产重组。 一、交易概述 公司于 2025 年 5 月 15 日召开第九届董事会第八次临时会议审议通过《关于 出售控股子公司股权的议案》，同意公司控股 ...

股票简称：山子高科 股票代码：000981 公告编号：2025-048 敬请广大投资者留意。 山子高科技股份有限公司 关于公司办公地址及联系方式变更的公告 本公司董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误导性陈述或者 重大遗漏。 山子高科技股份有限公司（以下简称"公司"）已于近日正式迁入新址办公，办公地 址及联系方式已更新，现将有关事项公告如下： 变更前： 变更后： 1. 办公地址：浙江省杭州市余杭区五常街道爱橙街 1 号阿里巴巴数字生态创新园 10 幢 3 单元 605 室。 1. 办公地址：上海市浦东新区陆家嘴环路 333 号金砖大厦 35 层 2. 邮政编码：200120 3. 投资者联系电话：021-50590985 4. 传真号码：021-50580205 5. 投资者关系邮箱：000981@sensteed.com 2. 邮政编码：311100 3. 投资者联系电话：0571-56966615 4. 传真号码：0571-56966610 5. 投资者关系邮箱：000981@sensteed.com 特此公告。 山子高科技股份有限公司董事会 二Ｏ二五年七月四日 1 ...

Group 1 - The electronic sector saw a net inflow of over 6.32 billion, leading among various sectors [1][2] - The pharmaceutical sector experienced a net inflow of 1.58 billion, while the communication sector had a net inflow of 1.56 billion [2] - The mechanical equipment sector faced the highest net outflow at 3.15 billion, followed by basic chemicals at 2.10 billion and national defense at 1.82 billion [2] Group 2 - Industrial Fulian topped the list of individual stocks with a net inflow of 1.675 billion, representing a net inflow rate of 21.97% [3] - Other notable stocks with significant net inflows include Ningde Times at 1.135 billion and Luxshare Precision at 740 million [3] - Yuyin Co. led the net outflow list with over 700 million, followed by Shanzigaoke at 410 million and Changcheng Electric at 370 million [4]

Group 1 - Tmall and Shanzi Gaoke signed a strategic cooperation agreement to explore a new retail model for customized smart cars, leveraging Tmall's digital capabilities and Shanzi Gaoke's automotive industry advantages [1][2] - The first collaborative project, the V17 customized model, is currently in the prototype testing phase, aiming to integrate the entire process from online customization to data insights and smart manufacturing [1][2] - Tmall will provide Shanzi Gaoke with a digital analysis system that includes 10 core functional modules to enhance market demand insights, allowing consumers to participate in vehicle configuration directly through the Tmall platform [1][2] Group 2 - The initial phase of the collaboration will cover over 2,000 market insight data points, providing lifecycle data analysis support for the V17 model [2] - Tmall's automotive business leader emphasized that this partnership is a key implementation of Tmall's strategy to empower the industry through technology, leveraging insights from nearly 1 billion active users [2] - Shanzi Gaoke aims to accelerate its transition to user-driven manufacturing through this collaboration, with plans for further exploration in areas such as vehicle networking services and after-sales support [2][3] Group 3 - The partnership aligns with the implementation of the "Zhejiang Province Intelligent Connected Vehicle Industry Development Action Plan (2025-2027)," aiming to create a breakthrough paradigm in the smart connected vehicle industry [2] - Shanzi Gaoke plans to focus on three main directions by 2025-2026: completing the development and production of the V17 model, establishing an exclusive online sales channel through Tmall, and enhancing customer experience through a joint "Smart Automotive Consumer Insight Laboratory" [3] - Shanzi Gaoke, formerly known as Yinyi Co., has diversified into the new energy vehicle and semiconductor sectors, creating a high-end manufacturing ecosystem that includes smart connected vehicle manufacturing and advanced semiconductor packaging materials [3]

Core Insights - Tmall and Shanzi Gaoke (000981) signed a strategic cooperation agreement to explore a new retail model for customized smart cars based on Tmall's digital capabilities and Shanzi Gaoke's full automotive industry chain advantages [1] Group 1 - The collaboration aims to leverage Tmall's innovation center for new products and Shanzi Gaoke's strengths in the automotive sector [1] - The first project under this partnership, the V17 customized vehicle, has entered the prototype testing phase [1]

股票简称：山子高科 股票代码：000981 公告编号：2025-047 山子高科技股份有限公司 关于股份回购的进展公告 1 元/股。本次回购符合相关法律法规要求及公司回购方案。 本公司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。 2024 年 7 月 25 日，山子高科股份有限公司（以下简称"公司"）召开第八届董事会第 二十三次临时会议，审议通过《关于回购公司股份方案的议案》，公司拟以 6 亿元-10 亿 元回购公司股份，回购股份的价格为不超过 1.60 元/股（含）。本次回购股份的实施期限 为自董事会审议通过本次回购股份方案之日起不超过 6 个月。具体内容详见公司于 2024 年 8 月 2 日在指定媒体披露的《回购股份报告书》（2024-050）。 公司于 2024 年 12 月 31 日召开第九届董事会第二次临时会议审议通过《关于调整回购 股份价格上限的议案》，具体调整包括：将回购股份的价格上限由不超过人民币 1.60 元/ 股调整为不超过人民币 3.35 元/股，除上述调整外，回购股份方案的其他内容未发生变化。 2025 年 1 月 24 日，公司召开第九届 ...