上海市广发律师事务所 关于广东扬山联合精密制造股份有限公司 2025 年第一次临时股东大会的法律意见书 致：广东扬山联合精密制造股份有限公司 广东扬山联合精密制造股份有限公司（以下简称"公司"）2025 年第一次 临时股东大会（以下简称"本次会议"或"本次股东大会"）于 2025 年 9 月 11 日在广东省佛山市顺德区北滘镇林港创业园新业一路 19 号公司四楼会议室召开。 上海市广发律师事务所经公司聘请，委派姚思静律师、顾艳律师出席本次会议， 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《上市公司股东 会规则》（以下简称"《股东会规则》"）等法律法规、其他规范性文件以及《广 东扬山联合精密制造股份有限公司章程》（以下简称"《公司章程》"）的规定， 就本次股东大会的召集和召开程序、召集人及出席会议人员的资格、会议议案、 表决方式和表决程序、表决结果和会议决议等出具本法律意见书。 为出具本法律意见书，本所律师对本次股东大会所涉及的有关事项进行了审 查，查阅了相关会议文件，并对有关问题进行了必要的核查和验证。 公司已向本所保证和承诺，公司向本所律师所提供的文件和所作的陈述和说 明是完整的、真实的和有效 ...

Group 1 - The core point of the news is that shareholder He Junhua has pledged 2.95 million shares of United Precision, accounting for 2.73% of the total share capital, with a cumulative pledge of 5.6 million shares, representing 23.33% of his total holdings [1][3] - After this pledge, the cumulative pledged shares of the top ten shareholders of United Precision will be calculated based on the latest financial report [1] Group 2 - United Precision reported a main revenue of 445 million yuan for the first half of 2025, an increase of 21.49% year-on-year [3] - The net profit attributable to the parent company for the same period was 51.38 million yuan, up 52.8% year-on-year, with a non-recurring net profit of 51.25 million yuan, increasing by 55.1% [3] - In Q2 2025, the company achieved a single-quarter main revenue of 221 million yuan, a year-on-year increase of 14.42%, and a net profit attributable to the parent company of 32.18 million yuan, up 82.51% [3] - The company's debt ratio stands at 32.88%, with financial expenses of 3.33 million yuan and a gross profit margin of 24.33% [3][4]

Group 1 - The company, United Precision (SZ 001268), announced on August 28 that its controlling shareholder, He Junhua, has pledged part of his shares, totaling 5.6 million shares, which accounts for 23.33% of his holdings [1] - As of the announcement date, United Precision's market capitalization is 3.8 billion yuan [1] - For the first half of 2025, the company's revenue composition shows that the general equipment manufacturing industry accounts for 99.94%, while other businesses contribute only 0.06% [1]

一、股东股份质押基本情况 广东扬山联合精密制造股份有限公司（以下简称"公司"）近日接到公司控 股股东、实际控制人何俊桦先生的通知，获悉其所持有的公司部分股份办理了质 押登记手续，具体情况如下： （一）股东股份质押基本情况 1．本次股份质押基本情况 证券代码：001268 证券简称：联合精密 公告编号：2025-035 广东扬山联合精密制造股份有限公司 关于控股股东、实际控制人部分股份质押的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 三、备查文件 | 股东 | 是否为控股 股东或第一 | 本次质押 | 占其所持 | 占公司 | 是否 | 是否 为补 | 质押 | 质押 | | 质押 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 名称 | 大股东及其 | 数量(股) | 股份比例 | 总股本 | 为限 | 充质 | 起始日 | 到期日 | 质权人 | 用途 | | | | | | 比例 | 售股 | | | | | | | | 一致行动人 | | | | | ...

Financial Performance - The company reported a total revenue of 445 million yuan for the first half of 2025, representing a year-on-year increase of 21.49% [1] - The net profit attributable to shareholders reached 51.38 million yuan, up 52.8% year-on-year [1] - In Q2 2025, total revenue was 221 million yuan, showing a 14.42% increase compared to the same quarter last year [1] - The net profit for Q2 2025 was 32.18 million yuan, reflecting an 82.51% year-on-year growth [1] Profitability Metrics - The gross margin improved to 24.33%, with a year-on-year increase of 15.18% [1] - The net margin rose to 11.55%, marking a 25.77% increase year-on-year [1] - Total selling, administrative, and financial expenses amounted to 30.71 million yuan, accounting for 6.9% of revenue, which is a 20.5% increase year-on-year [1] Key Financial Ratios - Earnings per share (EPS) increased to 0.48 yuan, a 54.84% rise compared to the previous year [1] - The company's return on invested capital (ROIC) was 6.61% last year, indicating average capital returns [3] - The historical median ROIC since the company went public is 18.16%, with the lowest ROIC recorded in 2023 at 6.12% [3] Cash Flow and Debt Management - Cash and cash equivalents increased significantly to 90.19 million yuan, a 164.08% rise year-on-year [1] - The company's interest-bearing debt rose to 27.2 million yuan, reflecting a 779.01% increase [1] - The cash flow situation is a concern, with cash and cash equivalents covering only 30.32% of current liabilities [3]

Core Viewpoint - The company, 幺麻子, reported its 2025 semi-annual results, showing positive growth in both revenue and net profit [1] Financial Performance - The company achieved an operating revenue of 332 million yuan, representing a year-on-year increase of 5.84% [1] - The net profit attributable to the parent company reached 105 million yuan, reflecting a year-on-year growth of 28.18% [1]

Financial Performance - The company reported a total revenue of 445 million yuan, an increase of 78.7 million yuan compared to the same period last year, representing a year-on-year growth of 21.49% [1] - The net profit attributable to shareholders was 51.38 million yuan, up by 17.75 million yuan from the same period last year, achieving a year-on-year increase of 52.80% [1] - The net cash inflow from operating activities was 53.92 million yuan, an increase of 4.47 million yuan compared to the same period last year, reflecting a year-on-year growth of 9.03% [1] Profitability and Efficiency Ratios - The latest asset-liability ratio stands at 32.88%, ranking 9th among disclosed peers [3] - The gross profit margin is 24.33%, ranking 5th among disclosed peers, with a quarter-on-quarter increase of 1.79 percentage points and a year-on-year increase of 3.21 percentage points [3] - The return on equity (ROE) is 5.04%, an increase of 1.64 percentage points compared to the same period last year [3] - The diluted earnings per share (EPS) is 0.48 yuan, ranking 4th among disclosed peers, with a year-on-year increase of 0.17 yuan, representing a growth of 54.84% [3] - The total asset turnover ratio is 0.30 times, remaining stable compared to the same period last year, with a year-on-year increase of 1.64% [3] - The inventory turnover ratio is 4.30 times, ranking 3rd among disclosed peers [3] Shareholder Structure - The number of shareholders is 11,000, with the top ten shareholders holding a total of 72.84 million shares, accounting for 67.48% of the total share capital [3] - The top shareholders include He Junhua (22.2%), He Guijing (19.41%), and He Yongxin (8.34%) among others [3]

Group 1 - The company, United Precision (SZ 001268), announced its third board meeting on August 26, 2025, to review the agenda including the "2025 Semi-Annual Report" and its summary [1] - For the first half of 2025, the company's revenue composition shows that general equipment manufacturing accounted for 99.94%, while other businesses contributed 0.06% [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 listed companies [1]

Group 1 - The company reported a revenue of 445 million yuan for the first half of 2025, representing a year-on-year growth of 21.49% [1] - The net profit attributable to shareholders of the listed company was 51.38 million yuan, showing a year-on-year increase of 52.80% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 51.25 million yuan, reflecting a year-on-year growth of 55.10% [1] - The basic earnings per share were 0.48 yuan [1]

广东扬山联合精密制造股份有限公司 2025 年半年度财务报告 广东扬山联合精密制造股份有限公司 2025 年半年度财务报告 2025 年 8 月 广东扬山联合精密制造股份有限公司 2025 年半年度财务报告 财务报告 一、审计报告 半年度报告是否经过审计 □是 否 公司半年度财务报告未经审计。 二、财务报表 财务附注中报表的单位为：元 1、合并资产负债表 编制单位：广东扬山联合精密制造股份有限公司 2025 年 06 月 30 日 单位：元 | 项目 | 期末余额 | 期初余额 | | --- | --- | --- | | 流动资产： | | | | 货币资金 | 90,191,224.98 | 87,580,592.64 | | 结算备付金 | | | | 拆出资金 | | | | 交易性金融资产 | | | | 衍生金融资产 | | | | 应收票据 | 22,863,301.30 | 16,116,586.81 | | 应收账款 | 426,385,441.92 | 428,232,343.84 | | 应收款项融资 | 46,843,252.72 | 39,788,528.69 | | 预付款项 | ...