金融界8月6日消息，有投资者在互动平台向中超控股提问：公司航宇精铸生产的产品能用在雅江建设上 吗？ 公司回答表示：您好，公司控股孙公司航宇精铸聚焦于高温合金精密铸件的技术攻关与产业化应用，目 前航宇精铸已具备航空发动机涡轮后机匣等大型复杂薄壁高温合金精密铸件制造能力，已进入航空航天 发动机及燃气轮机核心客户的供应商体系，相关产品和技术成功用于航天重大工程、军用和商用航空发 动机以及燃气轮机。航宇精铸参研上海交通大学牵头的国家科技重大专项，研究成果将用于航空发动机 关键零部件。公司产品可用在雅江水电站涉及配套燃机发电站上，谢谢关注！责任编辑：栎树 ...

（原标题：卖线缆不如卖粉丝！万亿线缆行业如何破"内卷"？） 线缆行业如何破"内卷"？ "线缆行业的另一个特点，是应用最广的普通电缆的技术门槛没有那么高，很多时候，大品牌能做的产品，小厂一样能做，这样导致的结果就是价 格战。"余冰介绍，相比现在，国内线缆行业曾有过更"野蛮"的时刻，当时一些企业"卷"完价格就开始偷工减料、以次充好，造成恶劣的后 果。"2014年，陕西发生了轰动一时的'西安地铁问题电缆案'，行业用了很长时间才消化影响，重新走上正轨，基本杜绝了此类现象，现在大家确 实是在保证质量的基础上'卷'价格。" 那么，价格到底有多"卷"？中国通信企业协会通信电缆光缆专委会秘书长柳林说："中低端线缆每公里的价格已经比超市里的粉丝还便宜。"与此 相对应，线缆信息研究院发布的《2024年中国线缆产业最具竞争力企业100强》榜单显示，排名前十的10家企业中，没有1家企业的近三年净利润 平均增长率超过0.05%，其中更有4家近三年净利润平均增长率为负。"连行业前十都是这样的数据，我们中小企业就更难了，目前我们能做到维 持一到两个点的净利率就已经不错了，很多时候拿订单都是为了维持经营而被迫走量。"余冰说。 电线电缆被喻为 ...

公司董事长杨飞近日表示，我国线缆行业集中度较低，前十大企业市占率不足15%，而美国、日本等成 熟市场前十大企业占比超过65%。他认为，若行业集中度提升至30%以上，将有助于缓解行业竞争压 力。 截至2025年8月4日收盘，中超控股股价报4.50元，较前一交易日上涨1.81%，成交额达3.27亿元。 风险提示：股市有风险，投资需谨慎。 中超控股属于电网设备板块，主营业务涵盖电线电缆的研发、生产和销售。公司产品广泛应用于电力、 通信、轨道交通等领域。 ...

Core Insights - The cable industry in China is experiencing severe "involution," with the top ten listed companies holding less than 15% market share, indicating a fragmented market compared to more concentrated markets in the US, Japan, and France [1] Industry Analysis - The market concentration in the cable industry is significantly lower in China than in developed countries, where the top ten companies account for over 70% in the US, over 65% in Japan, and over 90% in France [1] - If the market share of the top ten companies in China could be increased to over 30%, it is believed that the level of "involution" in the cable industry would be alleviated [1]

Core Viewpoint - The low-voltage cable industry in China is experiencing robust growth, driven by increasing demand for electricity due to urbanization and technological advancements, with market size projected to reach 223.21 billion yuan by 2025, growing at a compound annual growth rate (CAGR) of 9.18% from 2020 to 2024 [1][19][20]. Industry Overview - Low-voltage cables are essential for power transmission in various sectors, including residential, commercial, and industrial applications, characterized by their moderate voltage levels and high transmission efficiency [1][19]. - The market size of China's low-voltage cable industry grew from 146.75 billion yuan in 2020 to an estimated 208.56 billion yuan in 2024 [1][19]. Industry Development History - The low-voltage cable industry in China has evolved through four key stages: the embryonic stage before 1949, the foundational stage from 1949 to 1978, the transformation stage from 1978 to 2000, and the rapid growth stage from 2000 to the present [9]. Industry Chain - The upstream of the low-voltage cable industry includes raw materials such as copper, aluminum, rubber, and plastics, while the midstream involves the manufacturing of low-voltage cables, and the downstream encompasses applications in power, transportation, construction, and communication sectors [12]. Market Demand and Investment - Investment in power engineering in China is projected to grow from 270 billion yuan in 2017 to 608.3 billion yuan in 2024, with a CAGR of 12.3%, while investment in grid engineering is expected to rise from 531.5 billion yuan to 1,168.7 billion yuan in the same period [16]. - The demand for low-voltage cables is supported by the continuous expansion of power supply infrastructure and smart grid initiatives [16]. Competitive Landscape - The low-voltage cable industry in China is characterized by a large number of small-scale enterprises, with major players including Hengtong Optic-Electric, Baosheng Technology, and Zhongtian Technology, among others [22][24]. - The industry faces challenges such as product homogeneity and intense competition, but leading companies are achieving advanced technological capabilities and international competitiveness [22]. Future Trends - The low-voltage cable industry is moving towards smart technology integration, with the development of intelligent cables that can monitor operational data and predict failures [29]. - Environmental regulations are driving the industry towards greener practices, including the use of halogen-free and biodegradable materials [30]. - There is a focus on high-end special cables for demanding applications in aerospace and marine engineering, with advancements in materials enhancing performance [31].

Group 1 - The company held its 24th meeting of the 6th Board of Directors on July 31, 2025, with all 5 directors present, complying with relevant laws and regulations [1] - The Board approved the proposal regarding the expected daily related party transactions with a unanimous vote of 5 in favor [1] - The Board also approved the appointment of Mr. Sheng Hailiang as the Executive Vice President and Mr. Wang Qiang as the Compliance Director, both for a term until the end of the current Board's tenure [2] Group 2 - Mr. Sheng Hailiang holds 200,000 shares in the company and has no related party relationships with major shareholders or other executives [3] - Mr. Wang Qiang holds 100,000 shares in the company and has a history of significant roles in various companies, including as a director and vice chairman [4]

Meeting Details - The company held a shareholder meeting on July 31, 2025, with both in-person and online voting options available [1] - The meeting was attended by 7 shareholders representing 232,236,680 shares, accounting for 16.9669% of the total shares [2] - A total of 1,847 shareholders participated in online voting, representing the remaining shares [2] Voting Results - The meeting reviewed several proposals, with the following voting results: - Proposal 1: 242,659,351 shares in favor (98.1922%), 4,127,850 against (1.6703%), and 0.1374% abstained [2] - Proposal 2: 242,649,751 shares in favor (98.1883%), 4,104,050 against (1.6607%), and 0.1510% abstained [3] - Proposal 3: 242,617,351 shares in favor (98.1752%), 4,111,550 against (1.6637%), and 0.1610% abstained [4] - Proposal 4: 242,585,351 shares in favor (98.1623%), 4,145,650 against (1.6775%), and 0.1602% abstained [5] - Proposal 5: 242,199,851 shares in favor (98.0063%), 4,471,450 against (1.8094%), and 0.1843% abstained [6] - Proposal 6: 242,550,951 shares in favor (98.1484%), 4,134,350 against (1.6730%), and 0.1787% abstained [7] - Proposal 7: 242,318,751 shares in favor (98.0544%), 4,342,150 against (1.7571%), and 0.1885% abstained [8] - Proposal 8: 242,277,851 shares in favor (98.0379%), 4,383,950 against (1.7740%), and 0.1882% abstained [8] Legal Compliance - The meeting was conducted in accordance with the Company Law, the rules for listed company shareholder meetings, and the company's articles of association, as confirmed by the legal opinions provided by the appointed lawyers [8]

Group 1 - The legal opinion confirms that the convening and holding procedures of the shareholders' meeting of Jiangsu Zhongchao Holdings Co., Ltd. comply with the Company Law, Securities Law, and the company's articles of association [2][15] - The meeting was convened by the board of directors and the qualifications of the convener meet the legal requirements [2][3] - The notice for the shareholders' meeting was published in accordance with legal regulations [4][5] Group 2 - The meeting was held on July 31, 2025, at 13:30 in Yixing City, Jiangsu Province, and was presided over by Ms. Li Bianfen [3][6] - The voting took place both on-site and through the Shenzhen Stock Exchange internet voting system, with specific time frames for participation [3][6] Group 3 - A total of 1,854 participants attended the meeting, representing 247,126,851 shares, which is 18.0548% of the total shares [6] - The voting results showed that 242,659,351 shares were in favor of the proposals, meeting the requirement for special resolutions [7][10] Group 4 - The voting results from minority shareholders indicated that 69.9970% supported the proposals, while 27.7220% opposed them [7][8] - The legal opinion concludes that the voting procedures and results are valid and comply with relevant laws and regulations [15]

Group 1 - The company plans to engage in daily related transactions with its affiliate, Pan-Asia Cable Co., Ltd., with an estimated transaction amount of RMB 36 million from July 23, 2025, to December 31, 2025 [1][2] - The company has appointed Mr. Wang Zhiping, the assistant general manager and chief engineer, as a director of Pan-Asia Cable to enhance supervision and management of financial and operational decisions [2][5] - The total amount of related transactions is projected to be RMB 36 million, which includes sales, purchases, and leasing activities [3][4] Group 2 - The company has not engaged in any disclosable related transactions with Pan-Asia Cable in the fiscal year 2024 [4] - As of December 31, 2024, Pan-Asia Cable had total assets of RMB 333.06 million, net assets of RMB 1.1068 million, and total liabilities of RMB 331.95 million, with a total revenue of RMB 264.27 million and a net loss of RMB 0.9725 million [5] - The company asserts that the related transactions are conducted on fair and reasonable terms, ensuring no adverse impact on the company's financial status or independence [6][7]

经审核，我们认为：公司日常关联交易预计是根据公司生产经营的需要进行 的合理估计，是生产经营过程当中必须发生的持续性交易行为，目的是为了保证 公司正常开展生产经营活动，促进公司发展。我们认为，上述可能发生的关联交 易是在公平、互利的基础上进行的，定价是公允的，对公司持续经营能力和独立 性没有不利影响，不存在损害公司及全体股东尤其是公司中小股东合法权益的情 形，关联交易的实施不会对公司产生不利影响，符合中国证监会和深圳证券交易 所的有关规定。我们一致同意将该议案提交公司董事会审议，同时关联董事应按 规定回避表决。 表决情况：2 票同意；0 票弃权；0 票反对。 江苏中超控股股份有限公司 一、审议通过《关于公司日常关联交易预计的议案》 江苏中超控股股份有限公司（以下简称"公司"）2025 年第四次独立董事专门 会议通知于 2025 年 7 月 28 日以专人送达或电子邮件等形式发出，会议于 2025 年 7 月 31 日 15:30 以现场会议方式在公司七楼会议室召开，本次会议应到独立 董事 2 人，实到独立董事 2 人。会议的召集、召开、表决符合《上市公司独立董 事管理办法》及《公司章程》等有关法律法规的规定，决 ...