Core Viewpoint - Baoxin Technology has established a joint venture with Zhishen Technology and Shuyang Media, focusing on intelligent robotics and AI software development [1] Group 1 - The joint venture, named Zhishen Robotics Technology (Chengdu) Co., Ltd., has completed its business registration [1] - The registered capital of the joint venture is 40 million yuan, with Baoxin Technology contributing 20.4 million yuan, holding a 51% stake [1] - The joint venture will be consolidated as a subsidiary of Baoxin Technology, engaging in technology services, intelligent robot R&D, and AI software development [1]

证券代码：002514 证券简称：宝馨科技 公告编号：2025-100 江苏宝馨科技股份有限公司 关于对外投资设立合资公司进展暨完成工商登记的公告 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。 3、原协议中第五条第三款中约定："公司设监事会，由 3 名监事组成，其 中甲方推荐 1 名，乙方推荐 1 名，丙方推荐 1 名，任期 3 年"，现变更为：经各 方协商一致本公司不设立监事会。 本补充协议与原合同条款冲突时，以本补充协议为准。 一、对外投资概述 江苏宝馨科技股份有限公司（以下简称"公司"或"宝馨科技"）于2025 年11月3日召开第六届董事会第二十二次会议，审议通过《关于对外投资设立合 资公司的议案》，同意公司与智身科技（北京）有限公司（以下简称"智身科技"）、 数羊儿传媒科技（四川）有限公司（以下简称"数羊儿传媒"）签署《股权投资 协议》，共同出资在四川成都设立合资公司（合资公司名称以市场监督管理部门 最终核定名称为准）。合资公司设立时注册资本拟定为4,000万元人民币，其中 公司货币出资2,040万元，占该合资公司注册资本的51%。合资公司将成为宝馨 ...

Core Viewpoint - The company has signed an equity investment agreement with Zhishen Technology and Shuyang'er Media to establish a joint venture in Chengdu, Sichuan, with a registered capital of 40 million RMB [1] Group 1 - The registered capital of the joint venture is 40 million RMB, with the company contributing 20.4 million RMB, accounting for 51% of the registered capital [1] - On November 13, 2025, the company signed a supplementary equity investment agreement to adjust the original contract terms [1] - The joint venture has completed the business registration process and obtained a business license on the same day [1]

Core Viewpoint - Baoxin Technology's stock price has experienced a decline of 11.99% year-to-date, with a recent drop of 2.08% on November 12, 2023, indicating potential challenges in market performance [1]. Group 1: Financial Performance - For the period from January to September 2025, Baoxin Technology reported a revenue of 150 million yuan, representing a year-on-year decrease of 33.80% [2]. - The company recorded a net profit attributable to shareholders of -54.46 million yuan, which is a year-on-year increase of 67.05% [2]. - Cumulative cash dividends since the company's A-share listing amount to 72.08 million yuan, with no dividends distributed in the past three years [3]. Group 2: Stock Market Activity - As of November 12, 2023, Baoxin Technology's stock price was 7.05 yuan per share, with a trading volume of 64.78 million yuan and a turnover rate of 1.64%, leading to a total market capitalization of 5.076 billion yuan [1]. - The stock has appeared on the "龙虎榜" (a list of stocks with significant trading activity) six times this year, with the most recent appearance on September 5 [1]. - The number of shareholders decreased by 3.08% to 75,600 as of October 31, 2023, while the average circulating shares per person increased by 3.18% to 7,330 shares [2]. Group 3: Business Overview - Baoxin Technology, established on October 8, 2001, and listed on December 3, 2010, specializes in the research, design, production, and sales of industrial-grade CNC sheet metal structure products [1]. - The company's revenue composition includes 90.62% from equipment parts, 3.62% from project services, 2.21% from sales of charging and swapping piles and related products, and minor contributions from other services [1]. - The company operates within the mechanical equipment sector, specifically in general equipment and metal products, and is involved in various concept sectors such as wastewater treatment and energy conservation [2].

Core Viewpoint - Jiangsu Baoxin Technology Co., Ltd. plans to establish a joint venture with Zhishen Technology and Shuyang'er Media in Chengdu, with a registered capital of 40 million yuan, aiming to focus on humanoid and quadruped robot R&D and industrial applications [1][2] Group 1: Joint Venture Details - The joint venture, named Baoxin Zhishen Robotics (Chengdu) Co., Ltd., will have Baoxin Technology holding 51% with an investment of 20.4 million yuan [1] - The joint venture will be included in Baoxin Technology's consolidated financial statements and does not require shareholder meeting approval [1] Group 2: Strategic Focus and Collaboration - The joint venture will cover core component R&D, complete machine manufacturing, and application in various scenarios, leveraging Baoxin Technology's strengths in new energy equipment manufacturing and Zhishen Technology's expertise in embodied intelligence and key technologies [1][2] - The collaboration aims to complement resources and promote synergistic development among the three parties [1] Group 3: Management and Operational Structure - Baoxin Technology will lead the establishment and management of the joint venture, with a board of five directors, three of whom will be recommended by Baoxin Technology [2] - The joint venture will have an independent financial department and will adhere to national accounting standards, ensuring operational stability and regulatory compliance [2] Group 4: Market Positioning and Future Outlook - The investment aligns with the trend of integrating artificial intelligence with high-end equipment manufacturing, aiming to expand Baoxin Technology's business boundaries and establish a new growth engine in the intelligent robotics sector [2] - The joint venture will be based in Chengdu, enhancing the company's technological innovation and industrial layout capabilities in the robotics field [2]

Group 1 - The core point of the article is that Jiangsu Baoxin Technology Co., Ltd. plans to establish a joint venture company focused on humanoid robots in Chengdu, Sichuan, in collaboration with Zhishen Technology and Shuyang'er Media [2][3] - The joint venture, tentatively named Baoxin Zhishen Robotics (Chengdu) Co., Ltd., will have a registered capital of 40 million yuan, with Baoxin Technology contributing 20.4 million yuan for a 51% stake, Zhishen Technology contributing 12 million yuan for a 30% stake, and Shuyang'er Media contributing 7.6 million yuan for a 19% stake [2] - The establishment of the joint venture is driven by Baoxin Technology's strategic development needs, aiming to integrate its new energy technology with the intelligent technology achievements and media resources of its partners [2] Group 2 - The humanoid robot industry is transitioning from pilot applications to large-scale promotion, supported by favorable policies in China, with provincial innovation centers being established in regions like Sichuan [3] - Baoxin Technology's combination of supply chain management and large-scale production capabilities from its photovoltaic manufacturing background, along with the core technology from Zhishen Technology and market resources from Shuyang'er Media, creates a complementary structure [3] - This strategic move not only meets the industry's demand for production capacity and practical application but also opens up a second growth curve for Baoxin Technology beyond its main business in new energy [3]

Core Viewpoint - Jiangsu Baoxin Technology Co., Ltd. is officially entering the intelligent robotics sector by establishing a joint venture with Zhishen Technology and Shuyang'er Media in Chengdu, marking a strategic move to extend its industrial chain and create diversified growth opportunities [1][3]. Group 1: Joint Venture Details - The joint venture, Baoxin Zhishen Robotics (Chengdu) Co., Ltd., will have a registered capital of 40 million RMB, with Baoxin Technology contributing 20.4 million RMB for a 51% stake, ensuring consolidated control [1]. - Zhishen Technology will invest 12 million RMB for a 30% stake, while Shuyang'er Media will contribute 7.6 million RMB for a 19% stake [1]. Group 2: Strategic Importance - The establishment of the joint venture aligns with global trends towards artificial intelligence and robotics, as well as national strategies for upgrading manufacturing and developing new productive forces [3]. - This move is not merely a financial investment but a strategic layout based on foresight regarding future industry dynamics, allowing Baoxin Technology to quickly enter the trillion-yuan intelligent robotics market [3]. Group 3: Governance Structure - The governance structure of the joint venture includes a board of five directors, with Baoxin Technology appointing three members, including the chairman and general manager, ensuring control over strategic direction while valuing input from partners [3]. Group 4: Future Expectations - The joint venture is expected to integrate resources swiftly to launch competitive robotic products and solutions, opening new growth avenues for Baoxin Technology and invigorating the Chinese intelligent robotics industry [4].

Group 1 - Baoxin Technology plans to establish a joint venture with Zhishen Technology and Shuyang'er Media in Chengdu, with a registered capital of 40 million RMB, where Baoxin will contribute 20.4 million RMB, holding a 51% stake [1] - The joint venture aims to integrate new energy technology, intelligent technology, and media resources, focusing on humanoid and quadruped robots, marking a significant step towards the company's transformation into an intelligent enterprise [1] - This initiative is expected to create a competitive innovative company, enhance long-term competitiveness, and explore new growth opportunities through diversified collaboration [1] Group 2 - Zhongjing Technology announced that shareholder Longi Green Energy plans to reduce its stake by up to 3.00%, equating to 387.64 million shares, while director Guo Bingjian plans to reduce his stake by up to 0.66%, or 85.47 million shares [2] - The reason for the reduction is personal funding needs, with the reduction period set for three months after the announcement, starting 15 trading days later [2] - Although this may exert some short-term pressure on the stock price, the limited reduction ratio suggests that the market should not overreact, and attention should be paid to the company's fundamentals and future shareholder movements [2] Group 3 - Baose shares clarified that it is not involved in the 2MWt liquid fuel thorium molten salt experimental reactor (TMSR-LF1) project, despite media reports suggesting otherwise [3] - The company only contracted for the main container equipment of the scaled-down simulation device (TMSR-SF0) in 2017, with a contract value of 2.5585 million RMB, and has not participated in subsequent projects [3] - This clarification aims to eliminate market misunderstandings and maintain information transparency, urging investors to discern information rationally [3]

Group 1 - The company held its 22nd meeting of the 6th Board of Directors on November 3, 2025, via electronic communication, with all 6 directors present, and the meeting was deemed valid [2][3][9] - The Board approved a proposal to establish a joint venture with Zhishen Technology (Beijing) Co., Ltd. and Shuyang'er Media Technology (Sichuan) Co., Ltd., with a registered capital of 40 million RMB, where the company will contribute 20.4 million RMB, accounting for 51% of the joint venture [3][8][9] - The joint venture will focus on humanoid and quadruped robots, integrating the company's new energy technology with the partners' smart technology and media resources [15][16] Group 2 - The joint venture will be named Baoxin Zhishen Robotics (Chengdu) Co., Ltd., with a registered capital of 40 million RMB, and will operate in Chengdu, Sichuan [13][16] - The ownership structure of the joint venture includes the company holding 51%, Zhishen Technology holding 30%, and Shuyang'er Media holding 19% [17][18][19] - The joint venture aims to create a competitive innovative enterprise in the robotics industry, leveraging the strengths of all partners [15][45]

每经AI快讯，宝馨科技（SZ 002514，收盘价：7.12元）11月4日晚间发布公告称，公司第六届第二十二 次董事会会议于2025年11月3日在公司会议室以通讯表决的方式召开。会议审议了《关于对外投资设立 合资公司的议案》等文件。 2025年1至6月份，宝馨科技的营业收入构成为：智能制造占比92.76%，新能源占比7.24%。 截至发稿，宝馨科技市值为51亿元。 每经头条（nbdtoutiao）——大量苹果用户中招！手机秒变别人的"提款机"，一场以"电商伪装"精心设 计的骗局 （记者 曾健辉） ...