Core Viewpoint - The coal industry in China is experiencing stable growth, driving demand for scraper conveyors, with a projected market size of 3.38 billion yuan in 2024, reflecting a year-on-year growth of 11.92% [1][10]. Market Policy - The Chinese government has implemented various policies to support the development of the coal machinery industry, including safety production guidelines and plans for intelligent mining construction, creating a favorable environment for the scraper conveyor industry [5][6]. Industry Chain - The upstream of the scraper conveyor industry includes suppliers of raw materials like steel and copper, as well as key components such as motors and chains. The midstream involves design, research, and production, while the downstream applications primarily focus on coal mining and other sectors like metallurgy and construction [7][9]. Current Development - The demand for scraper conveyors is increasing due to the stable growth of coal production, with a projected coal output of 4.759 billion tons in 2024, a 2.17% increase year-on-year. The aging equipment replacement cycle is expected to release significant market demand [1][9][10]. Competitive Landscape - The scraper conveyor market in China is highly concentrated, with the top 50 coal machinery companies producing 1,207 units, accounting for 76.78% of the total. Companies with technological advantages are expected to gain a competitive edge as industry standards rise [12][13]. Development Trends - Future developments in the scraper conveyor industry will focus on integrating technologies such as IoT and AI for smarter operations, alongside a push for greener practices in line with carbon reduction strategies [14][15].

Group 1: Company Development and Strategy - The company has successfully entered international markets through professional teams and participation in industry exhibitions, enhancing its global presence [2][3] - The ground intelligent bulk material transportation sector exemplifies the company's "cross-industry but not cross-profession" development strategy, with significant growth in related services [2][3] Group 2: Accounts Receivable Management - The company has adjusted payment methods and established a strict customer credit rating system to manage accounts receivable risks amid declining coal prices and increased competition [3] - Regular risk analysis meetings are held to monitor accounts receivable and implement timely collection strategies [3] Group 3: Market Value Management and Shareholder Returns - The company emphasizes market value management to protect investor rights and enhance investment value, responding to regulatory guidelines with a dedicated market value management system [3][4] - Active shareholder returns are planned, ensuring compliance with profit distribution principles while supporting long-term development [4][5] Group 4: Technological Advancements - The company has a mature R&D team and continues to invest in automation and intelligent technology to reduce costs and enhance production safety for clients [5] - Implementation of industrial IoT models and smart devices aims to improve operational efficiency and safety through data-driven insights [5]

Core Viewpoint - Shandong Mining Machinery Co., Ltd. has shown a positive stock performance with a 12.50% increase year-to-date and a recent rise of 2.06% in the last five trading days, indicating potential investor interest and market confidence [1]. Financial Performance - For the period from January to September 2025, Shandong Mining Machinery reported a revenue of 1.504 billion yuan, a year-on-year decrease of 11.98%, while the net profit attributable to shareholders was 110 million yuan, reflecting a slight increase of 0.10% [2]. - Cumulative cash dividends since the company's A-share listing amount to 206 million yuan, with 58.83 million yuan distributed over the past three years [3]. Shareholder Information - As of November 10, 2025, the number of shareholders for Shandong Mining Machinery stands at 130,000, with an average of 13,623 circulating shares per person, indicating stable shareholder engagement [2]. - The fifth largest circulating shareholder is Hong Kong Central Clearing Limited, holding 5.5107 million shares, which increased by 2.0806 million shares compared to the previous period [3]. Market Activity - On November 17, the stock price reached 3.96 yuan per share with a trading volume of 115 million yuan and a turnover rate of 1.67%, leading to a total market capitalization of 7.060 billion yuan [1]. - The net inflow of main funds was 20.6872 million yuan, with significant buying activity from large orders, indicating strong market interest [1].

Core Points - The company held its second extraordinary general meeting of shareholders in 2025, where key resolutions were passed, including the cancellation of the supervisory board and amendments to the articles of association [1][28]. Group 1: Meeting Notification and Attendance - The meeting was announced on October 28, 2025, through various financial media [2]. - The meeting took place on November 13, 2025, at 2:40 PM, with a total of 784 shareholders present, representing 395,319,352 shares, which is 22.1741% of the total shares [3][5]. Group 2: Voting Process - Voting was conducted through a combination of on-site and online methods, with specific time slots allocated for online voting [4]. - The voting results showed that 392,953,938 shares (99.4016%) supported the resolution to cancel the supervisory board [8]. Group 3: Resolutions Passed - The resolution to cancel the supervisory board was passed with significant support, with 392,953,938 shares in favor [8]. - Multiple governance-related resolutions were also approved, including amendments to the rules for shareholder meetings and board meetings, with approval rates exceeding 99% for most resolutions [10][11][20][24]. Group 4: Legal Opinions and Documentation - The meeting was witnessed by legal representatives from a law firm, confirming that the meeting's procedures complied with relevant laws and regulations [25]. - The company has made available documents related to the meeting and the legal opinions provided [26].

Core Viewpoint - Shandong Mining Machinery Co., Ltd. has announced the cancellation of its supervisory board and the corresponding amendments to its articles of association, transferring the supervisory functions to the audit committee of the board [1] Group 1 - The sixth board of directors of Shandong Mining Machinery held its fifth temporary meeting and the second temporary shareholders' meeting of 2025, where the proposal to cancel the supervisory board was approved [1] - The supervisory board and its members will be eliminated, and the powers previously held by the supervisory board will now be exercised by the audit committee of the board [1] - The relevant rules and regulations concerning the supervisory board, such as the "Supervisory Board Meeting Rules," will be abolished accordingly [1]

证券代码：002526 证券简称：山东矿机 公告编号：2025-050 山东矿机集团股份有限公司 关于取消监事会的公告 关于修订《公司章程》及制定、修订部分制度的公告 一、董事会会议召开情况 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。 因监事会取消，监事郭龙先生、潘军伟先生、朱延博先生担任的第六届监事 会监事职务自然免除。离任后，郭龙先生、潘军伟先生、朱延博先生仍在公司任 职。 本次取消监事会符合《公司法》关于"不设监事会或监事"的要求，不会影 响公司内部监督机制的正常运行。截至本公告披露日，郭龙先生、潘军伟先生、 朱延博先生均未直接持有公司股票，均不存在应当履行而未履行的承诺事项。 离任监事在任职期间勤勉尽责，为公司规范运作与健康发展作出了重要贡 献，公司对此表示衷心感谢！ 特此公告。 山东矿机集团股份有限公司 董 事 会 2025 年 11 月 13 日 山东矿机集团股份有限公司（以下简称"公司"）第六届董事会 2025 年第 五次临时会议、2025 年第二次临时股东大会审议通过《关于取消监事会并修订< 公司章程>的议案》。根据《中华人民共和国公司法》 ...

证券代码：002526 证券简称：山东矿机 公告编号：2025-049 山东矿机集团股份有限公司 2025 年第二次临时股东大会决议的公告 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。 特别提示： 1、本次股东大会在会议召开期间无增加、否决或变更提案的情况； 2、本次股东大会不涉及变更前次股东大会决议。 一、会议的通知和公告情况 山东矿机集团股份有限公司（以下简称"公司"）于 2025 年 10 月 28 日在 《证券时报》《中国证券报》《上海证券报》《证券日报》和巨潮资讯网 （http://www.cninfo.com.cn）刊登了《关于召开 2025 年第二次临时股东大会 的通知》（公告编号：2025-047）。 二、会议召开情况 （一）现场会议召开的情况 1、召开时间：2025 年 11 月 13 日下午 2：40 2、召开地点：昌乐县开发区大沂路北段山东矿机办公楼三楼会议室 3、召集人：公司董事会 4、召开方式：以现场投票和网络投票相结合的表决方式 5、主持人：董事长赵华涛先生 6、会议的召集和召开符合《公司法》、《深圳证券交易所股票上市规则》、 《 ...

山东德衡（济南）律师事务所 关于山东矿机集团股份有限公司 2025 年第二次临时股东大会的 法律意见书 关于山东矿机集团股份有限公司2025年第二次临时股东大会的 法律意见书 德衡证见意见(2025)第00027号 致：山东矿机集团股份有限公司 2025 年 11 月 中国·青岛市香港中路 2 号海航万邦中心 1 号楼 34 层 Tel：（+86 532） 8389 9980/8388 5959 邮编： 266071 1 山东德衡（济南）律师事务所 山东德衡（济南）律师事务所（以下简称"本所"）接受山东矿机集团股份有限 公司（以下简称"公司"）的委托，指派王芳芳律师、吴飞律师对公司 2025 年第二次 临时股东大会（以下简称"本次股东大会"）的相关事项进行现场见证并出具本法律 意见书。 本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）《中华人 民共和国证券法》《上市公司股东会规则》《深圳证券交易所上市公司股东会网络投 票实施细则（2025 修订）》等法律、法规和规范性文件以及《山东矿机集团股份有限 公司章程》（以下简称"《公司章程》"）的规定，就公司本次股东大会的召集和召 开程序、出席会议人员资 ...

Core Viewpoint - Shandong Mining Machinery Group Co., Ltd. is launching a shareholder return activity to celebrate its 70th anniversary of factory establishment and 15th anniversary of listing, aimed at enhancing investor understanding of the company's intrinsic value and establishing a long-term, diverse shareholder return mechanism [1]. Group 1: Shareholder Participation - Eligible shareholders must hold at least 100 shares as of the market close on November 7, 2025, to participate in the return activity [1]. - Individual shareholders can only participate personally, while corporate shareholders may authorize one natural person to participate with a power of attorney [1]. Group 2: Activity Details - Shareholders can claim a free anniversary commemorative album set by submitting proof of shareholding [2]. - Eligible shareholders can also register for the offline celebration event by uploading their shareholding proof [3][4]. Group 3: Registration and Participation - The online registration period for both the commemorative album and the offline celebration event is from November 10, 2025, 9:00 AM to November 14, 2025, 11:59 PM [5]. - Failure to register within this period will be considered as a waiver of participation rights [6]. Group 4: Registration Process - Shareholders can register for the commemorative album through the "Gudong Manager" app by providing necessary shareholding proof [7]. - The company will verify the submitted information, and only the last registration will be considered in case of duplicates [8]. Group 5: Offline Celebration Event - Shareholders wishing to attend the offline celebration must register by the same deadline and will be subject to a qualification review [9]. - The company will randomly select 20 lucky shareholders for participation, with results communicated via SMS and the app [9]. Group 6: Event Logistics - The company will cover local transportation, accommodation, and meals during the event, while shareholders are responsible for their travel expenses to Weifang, Shandong [10]. - Participants must adhere to safety regulations during the event, with violations leading to disqualification [10]. Group 7: Consultation and Additional Information - A dedicated consultation hotline is available for inquiries regarding the shareholder return activity [11]. - The activity is not considered a profit distribution and participation is voluntary; failure to complete necessary procedures will result in forfeiture of benefits [11][12].

Core Viewpoint - Shandong Mining Machinery announced a shareholder return initiative in November 2025 to celebrate its 70th anniversary of factory establishment and 15th anniversary of being listed, aiming to enhance investors' understanding of the company's intrinsic value and establish a long-term, diverse shareholder return mechanism [2] Summary by Categories - **Company Milestones** - The company is celebrating its 70th anniversary of factory establishment and 15th anniversary of being listed [2] - **Shareholder Engagement** - A "Shandong Mining Machinery 2025 Shareholder Return" event will be held in November 2025 to thank shareholders for their long-term support [2] - **Investment Value Communication** - The initiative aims to improve investors' understanding and recognition of the company's intrinsic value [2]