证券代码：002097 证券简称：山河智能 公告编号：2025-069 山河智能装备股份有限公司 关于调整公司组织架构的公告 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。 山河智能装备股份有限公司（以下简称"公司"）于 2025 年 11 月 27 日召开了 第九届董事会第三次会议，审议通过了《关于调整公司组织架构的议案》。为强化 战略导向与业务赋能，推动组织向更加高效、敏捷、协同的方向转型，同意调整公 司组织架构。调整后的组织架构图如下： 1、对于以上经营体的分类，授权经理层根据实际情况（含新设立的公司或注销 的公司、新设立的事业部或取消的事业部等）增减； 2、本次调整核心是优化内部管理、提升运营效能，调整后机构更精简、流程更 顺畅，资源能实现集约化共享，有效降低运营成本，进一步夯实公司发展基础； 3、本次调整仅针对内部管理体系和工作分工的梳理优化，公司的经营主体、核 心业务以及核心人员都没有发生重大实质变动。本次调整不会影响公司正常经营秩 序，各项业务将继续平稳推进，亦不会损害公司及全体股东的合法权益。后续公司 会以这次调整为契机，强化内部协同、提升核心 ...

证券代码：002097 证券简称：山河智能 公告编号：2025-068 山河智能装备股份有限公司 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。 山河智能装备股份有限公司（以下简称"公司"）于 2025 年 11 月 27 日召开了 第九届董事会第三次会议，审议通过了《关于变更经营范围及修订<公司章程>的议 案》。根据《公司法》《上市公司章程指引》等相关规定，结合公司实际情况，同 意变更经营范围，并修订《公司章程》的相关条款，变更后的经营范围以市场监督 管理局最终核定为准。具体情况如下： 一、变更经营范围的主要内容 变更前的经营范围：许可项目：特种设备设计；特种设备制造；道路机动车辆 生产；道路货物运输（不含危险货物）。（依法须经批准的项目，经相关部门批准 后方可开展经营活动，具体经营项目以相关部门批准文件或许可证件为准）一般项 目：机械设备研发；机械设备销售；机械设备租赁；特种设备销售；专用设备制造 （不含许可类专业设备制造）；智能机器人的研发；智能机器人销售；智能无人飞 行器制造；智能无人飞行器销售；建筑工程用机械制造；建筑工程用机械销售；农 业机械制造； ...

证券代码：002097 证券简称：山河智能 公告编号：2025-070 山河智能装备股份有限公司 关于召开 2025 年第三次临时股东会的通知 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。 一、召开会议的基本情况 1、股东会届次：2025 年第三次临时股东会 2、股东会的召集人：董事会 3、本次会议的召集、召开符合《中华人民共和国公司法》《深圳证券交易所股票上 市规则》《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、行政法规、部门规章、规范性文件及《公司章程》的有关规定。 4、会议时间： （1）现场会议时间：2025 年 12 月 16 日 15:30 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2025 年 12 月 16 日 9:15-9:25，9:30-11:30，13:00-15:00；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 12 月 16 日 9:15 至 15:00 的任意时间。 5、会议的召开方式：现场表决与网络投票相结合。 6、会议的股权登记日：2025 年 ...

证券代码：002097 证券简称：山河智能 公告编号：2025-067 山河智能装备股份有限公司 【具体内容详见《中国证券报》《证券时报》《上海证券报》及公司指定信息 披露网站巨潮资讯网 http://www.cninfo.com.cn】 二、会议以同意 11 票、反对 0 票、弃权 0 票的表决结果审议通过了《关于调 整公司组织架构的议案》； 【具体内容详见《中国证券报》《证券时报》《上海证券报》及公司指定信息 披露网站巨潮资讯网 http://www.cninfo.com.cn】 第九届董事会第三次会议决议公告 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。 山河智能装备股份有限公司（以下简称"公司"）第九届董事会第三次会议通 知于 2025 年 11 月 24 日以通讯送达的方式发出，于 2025 年 11 月 27 日以通讯会议 方式召开。会议应到董事 11 人，实到董事 11 人。公司董事长付向东先生主持会议。 会议的召开符合《中华人民共和国公司法》《公司章程》《董事会议事规则》等相 关规定，会议合法有效。 本次会议经投票表决，通过如下决议： 一、会 ...

Group 1 - The core viewpoint of the article highlights the growth in China's excavator industry, with a projected production increase of 15.3% year-on-year in September 2025, reaching 32,000 units [1] - Cumulative excavator production from January to September 2025 is reported at 277,000 units, reflecting a growth of 16.8% [1] - The data is sourced from the National Bureau of Statistics and compiled by Zhiyan Consulting, indicating a robust market outlook for the excavator sector in China [1] Group 2 - Listed companies in the excavator industry include SANY Heavy Industry, XCMG Machinery, Zoomlion Heavy Industry, Shantui, LiuGong, Xiamen XGMA Machinery, Shanhe Intelligent, Anhui Heli, Hengli Hydraulic, and Construction Machinery [1] - Zhiyan Consulting has released a report titled "2025-2031 China Excavator Industry Market Survey and Future Outlook," which provides insights into market trends and forecasts [1] - The article emphasizes Zhiyan Consulting's expertise in industry research and its role in supporting investment decisions through comprehensive industry solutions [1]

Core Insights - The company, SANY Intelligent Equipment, has successfully shipped two SWDE200N arm-type down-the-hole drilling rigs to South America, marking its first entry into the local mining equipment market [1][3] - This shipment signifies a significant step in the global expansion of Chinese high-end engineering machinery [1][4] Product Overview - The SWDE200N arm-type down-the-hole drilling rig is designed for medium to large-scale mining and major engineering projects, featuring advanced concepts of efficiency, energy saving, and environmental protection [3] - The drilling rig can achieve a drilling diameter range of 115–203 millimeters and a maximum drilling depth of 36 meters, showcasing excellent rock drilling capabilities and high operational efficiency [3] - The equipment is adaptable to various complex geological conditions, capable of drilling vertical, inclined, and horizontal blast holes [3] Market Context - The operational area for the newly shipped rigs is characterized by high altitude, thin air, and cold conditions, presenting significant challenges for equipment stability, structural strength, and low-temperature performance [3] - The successful export of the SWDE200N rigs demonstrates the solid capabilities of manufacturing in Changsha under extreme working conditions [3] Strategic Direction - In the context of increasing global competition in the engineering machinery sector, the company emphasizes technological innovation as a driver for product upgrades [3] - The development and application of the SWDE200N enrich the company's international product matrix and reflect the determination of Chinese manufacturing enterprises to strengthen their core competitiveness [3][4] - The company aims to deepen its international layout and actively participate in the global sustainable development of the mining industry, providing high-performance and adaptable equipment to inject new vitality into the global mining sector [4]

Core Insights - The article discusses the transformation of the industrial cities of Changsha, Zhuzhou, and Xiangtan, highlighting their historical significance in China's industrial landscape and their current efforts to develop emerging industries [1] Spatial Dimension - Zhuzhou and Changsha leverage industrial clustering to create spatial advantages for nurturing new industries, with Zhuzhou designated as a key area for the development of the Beidou industry despite lacking a foundational base [2] - The local advanced manufacturing clusters, such as rail transit equipment and small aircraft engines, attract enterprises to Zhuzhou, facilitating the integration of satellite manufacturing with existing industrial capabilities [3] - Changsha focuses on upstream and downstream industrial support, exemplified by Minghe Group, which benefits from the proximity of major engineering machinery companies in the region [3] Temporal Dimension - Xiangtan's experience in establishing a medical device industrial park serves as a model, emphasizing service-oriented strategies to compensate for the lack of an existing industrial base [5] - The medical device industrial park has a dedicated team that can provide standardized proposals within three days, significantly accelerating the product launch process for companies [6] - The park's project approval process has been streamlined, reducing approval time by 72% and attracting over 290 enterprises, leading to a substantial increase in output value from several million to 3.046 billion yuan from 2021 to 2024 [6] Future Outlook - The article suggests that the industrial renewal in Changsha, Zhuzhou, and Xiangtan is not about starting from scratch but rather building on historical strengths to foster new growth [7] - As the modern industrial system continues to develop, these cities are expected to attract more emerging and future industries, indicating a promising trajectory for Hunan's industrial development [7]

Market Overview - The engineering machinery sector experienced a decline of 0.36% on November 17, with Hengli Drilling leading the losses [1] - The Shanghai Composite Index closed at 3972.03, down 0.46%, while the Shenzhen Component Index closed at 13202.0, down 0.11% [1] Stock Performance - Notable gainers in the engineering machinery sector included: - XG Group (600815) with a closing price of 4.58, up 10.10% on a trading volume of 1.6375 million shares and a turnover of 742 million yuan [1] - Tuoshan Heavy Industry (001226) closed at 40.06, up 5.17% with a trading volume of 26,800 shares and a turnover of 10.6 million yuan [1] - Huadong Heavy Machinery (002685) closed at 8.07, up 3.33% with a trading volume of 717,500 shares and a turnover of 576 million yuan [1] - Major decliners included: - Hengli Drilling Star (920942) closed at 34.92, down 3.54% with a trading volume of 22,400 shares and a turnover of 79.2463 million yuan [2] - Wantong Hydraulic (920839) closed at 45.95, down 3.32% with a trading volume of 20,200 shares and a turnover of 94.4563 million yuan [2] - Fushite (301446) closed at 30.02, down 3.29% with a trading volume of 21,200 shares and a turnover of 64.3924 million yuan [2] Capital Flow - The engineering machinery sector saw a net outflow of 95.5065 million yuan from institutional investors, while retail investors contributed a net inflow of 145 million yuan [2][3] - The capital flow for specific stocks showed: - XG Group (600815) had a net inflow of 122 million yuan from institutional investors, but a net outflow of 63.7044 million yuan from retail investors [3] - Yichuan Heavy Industry (600031) had a net inflow of 35.3733 million yuan from institutional investors, with a net outflow of 56.6568 million yuan from retail investors [3] - Aidi Precision (603638) recorded a net inflow of 16.1362 million yuan from institutional investors, but a net outflow of 17.0849 million yuan from retail investors [3]

Group 1: Industry Overview - The lithium battery anode material industry showed a positive growth trend in the first three quarters of 2025, with most listed companies reporting significant revenue increases, except for Shanhe Intelligent, which experienced a decline [2][5] - The fastest revenue growth among listed companies was recorded by Shangtai Technology, with a year-on-year increase of 52.09% [2][5] - The overall net profit of the lithium battery anode industry increased significantly, with over half of the listed companies turning from negative to positive net profit, except for Xiangfenghua, which saw a decline [5][6] Group 2: Company Performance Beiterui - Beiterui achieved a revenue of 123.8 billion yuan in the first three quarters of 2025, a year-on-year increase of 20.6%, with a net profit of 7.68 billion yuan, up 14.37% [12][13] - The gross margin decreased by 0.59 percentage points, while the net margin increased by 1.2 percentage points [12][13] Singshan Co., Ltd. - Singshan reported a revenue of 148.1 billion yuan, a year-on-year increase of 11.48%, and a net profit of 2.84 billion yuan, up 1121.72% [15][16] - Both gross and net margins improved, with gross margin rising by 1.42 percentage points and net margin by 1.83 percentage points [15][16] Putailai (Zicheng Technology) - Putailai achieved a revenue of 108.3 billion yuan, a year-on-year increase of 10.06%, and a net profit of 17 billion yuan, up 37.25% [20][21] - The gross margin increased by 3.36 percentage points, and the net margin rose by 2.59 percentage points [20][21] Zhongke Electric (Zhongke Xingcheng) - Zhongke Electric reported a revenue of 59.04 billion yuan, a year-on-year increase of 52.03%, and a net profit of 4.02 billion yuan, up 118.85% [24][25] - The gross margin decreased by 0.93 percentage points, while the net margin increased by 2.12 percentage points [24][25] Shangtai Technology - Shangtai Technology achieved a revenue of 55.06 billion yuan, a year-on-year increase of 52.09%, and a net profit of 7.11 billion yuan, up 23.08% [28][29] - Both gross and net margins showed a downward trend, with gross margin decreasing by 2.73 percentage points and net margin by 3.04 percentage points [28][29] Xiangfenghua - Xiangfenghua reported a revenue of 11.31 billion yuan, a year-on-year increase of 8.16%, but a net profit decline of 64.64%, amounting to 0.2 billion yuan [33][34] - Both gross and net margins decreased, with gross margin down by 7.38 percentage points and net margin down by 3.62 percentage points [33][34] Yicheng New Energy - Yicheng New Energy achieved a revenue of 30.10 billion yuan, a year-on-year increase of 12.79%, but reported a net loss of 2.65 billion yuan, although this was a 55.2% improvement from the previous year [36][37] - Both gross and net margins improved, with gross margin up by 1.71 percentage points and net margin up by 16.1 percentage points [36][37] Suotong Development - Suotong Development reported a revenue of 127.6 billion yuan, a year-on-year increase of 28.66%, and a net profit of 6.54 billion yuan, up 201.81% [39][40] - Both gross and net margins increased, with gross margin up by 4.84 percentage points and net margin up by 3.49 percentage points [39][40] Shanhe Intelligent - Shanhe Intelligent achieved a revenue of 50.57 billion yuan, a year-on-year decrease of 2.08%, but a significant net profit increase of 177.57%, amounting to 0.97 billion yuan [41][42] - The gross margin decreased by 0.41 percentage points, while the net margin increased by 1.09 percentage points [41][42] Guomin Technology - Guomin Technology reported a revenue of 9.58 billion yuan, a year-on-year increase of 16.73%, but a net loss of 0.74 billion yuan, although this represented a 50.63% reduction in losses [44][45] - Both gross and net margins improved, with gross margin up by 0.03 percentage points and net margin up by 12.32 percentage points [44][45]

Core Insights - The engineering machinery sector experienced a decline of 1.04% on November 14, with Jin Dao Technology leading the losses [1] - The Shanghai Composite Index closed at 3990.49, down 0.97%, while the Shenzhen Component Index closed at 13216.03, down 1.93% [1] Stock Performance - Notable gainers in the engineering machinery sector included: - Huadong Heavy Machine (002685) with a closing price of 7.81, up 6.40% on a trading volume of 963,100 shares and a turnover of 744 million [1] - Tietuo Machinery (920706) closed at 25.35, up 4.80% with a trading volume of 77,700 shares and a turnover of 197 million [1] - Changling Hydraulic (6885509) closed at 63.38, up 3.56% with a trading volume of 15,300 shares and a turnover of 95.99 million [1] - Major decliners included: - Jin Dao Technology (301279) closed at 28.15, down 4.25% with a trading volume of 32,400 shares and a turnover of 92.63 million [2] - Weiman Sealing (301161) closed at 33.90, down 2.92% with a trading volume of 33,900 shares and a turnover of 117 million [2] - Liu Gong (000528) closed at 11.37, down 2.74% with a trading volume of 321,300 shares and a turnover of 36.9 million [2] Capital Flow - The engineering machinery sector saw a net outflow of 250 million from institutional investors, while retail investors contributed a net inflow of 176 million [2] - The capital flow for key stocks showed: - Huadong Heavy Machine had a net inflow of 126 million from institutional investors, but a net outflow of 18.7 million from retail investors [3] - Jin Dao Technology experienced a net outflow of 30.82 million from institutional investors, while retail investors had a net inflow of 6.47 million [3]