证券代码：002600 证券简称：领益智造 公告编号：2025-227 广东领益智造股份有限公司 关于 2022 年员工持股计划处置完毕暨终止的公告 广东领益智造股份有限公司（以下简称"公司"）2022 年员工持股计划（以 下简称"本员工持股计划"）所持有的公司股票已于近日通过集中竞价方式全部 处置完毕，根据《关于上市公司实施员工持股计划试点的指导意见》《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》及《广东领益 智造股份有限公司 2022 年员工持股计划（草案修订稿）》的相关规定，现将相 关情况公告如下： 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、本员工持股计划的基本情况 公司于 2022 年 8 月 25 日召开第五届董事会第二十二次会议、第五届监事会 第十五次会议，于 2022 年 9 月 15 日召开 2022 年第五次临时股东大会，审议通 过了《关于广东领益智造股份有限公司<2022 年员工持股计划（草案）>及其摘 要的议案》《关于广东领益智造股份有限公司<2022 年员工持股计划管理办法> 的议案》《关于提请股东 ...

二、本次交易进展情况 证券代码：002600 证券简称：领益智造 公告编号：2025-225 广东领益智造股份有限公司 关于公司签订《股权收购协议》的进展公告 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。 一、交易概述 广东领益智造股份有限公司（以下简称"公司"）于 2025 年 10 月 28 日召 开第六届董事会第二十次会议审议通过了《关于公司签订<股权收购协议>的议 案》，同意公司全资子公司领益科技（深圳）有限公司以现金收购 Venture Equities Management, Inc.、宁波嘉隆工业有限公司、杭州协邦企业管理有限公司、宁波 隆俊企业管理合伙企业（有限合伙）合计持有的浙江向隆机械有限公司（以下简 称"浙江向隆"）96.15%的股权，交易价格为 240,384.00 万元。具体内容详见公 司于 2025 年 10 月 30 日在巨潮资讯网（www.cninfo.com.cn）上披露的《关于公 司签订<股权收购协议>的公告》（公告编号：2025-175）。 近日，根据公司付款进度、标的公司董事会席位安排、财产权转移手续办理 情况、浙江向 ...

证券代码：002600 证券简称：领益智造 公告编号：2025-226 广东领益智造股份有限公司 2025 年员工持股计划第一次持有人会议决议公告 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。 一、持有人会议召开情况 广东领益智造股份有限公司（以下简称"公司"）2025 年员工持股计划（以 下简称"本持股计划"）第一次持有人会议于 2025 年 12 月 26 日以现场结合通讯 表决的方式召开，本次会议应出席持有人 95 名，实际出席持有人 83 名，代表本 持股计划份额 101,365,296 份，占公司本持股计划初始认购份额的 85.90%。 本次会议由公司董事会秘书郭瑞先生召集和主持，会议的召集、召开和表决 程序符合《2025 年员工持股计划（草案）》《广东领益智造股份有限公司 2025 年员工持股计划管理办法》（以下简称"《2025 年员工持股计划管理办法》"） 的有关规定。 二、持有人会议审议情况 本次会议以记名投票表决方式审议通过以下议案： （一）审议通过了《关于设立 2025 年员工持股计划管理委员会的议案》 弃权 0%。 （二）审议通过了《关 ...

Core Viewpoint - The company announced the acquisition of a 96.15% stake in Zhejiang Xianglong Machinery Co., Ltd. for a total price of 2.404 billion yuan, marking a significant expansion in its operational capacity and market presence [1] Group 1 - The acquisition involves the company's wholly-owned subsidiary, Lingyi Technology (Shenzhen) Co., Ltd., which will facilitate the integration of Zhejiang Xianglong into the company's consolidated financial statements [1] - The transaction includes the purchase of shares from Venture Equities Management, Inc., Ningbo Jialong Industrial Co., Ltd., Hangzhou Xiebang Enterprise Management Co., Ltd., and Ningbo Longjun Enterprise Management Partnership (Limited Partnership) [1] - The payment structure, board seat arrangements, and transfer of ownership will adhere to relevant accounting standards and the company's articles of association [1]

Market Performance - On December 26, A-shares experienced a rise and then a pullback, with the Shanghai Composite Index closing up 0.1% at 3963.68 points, the Shenzhen Component Index up 0.54% at 13603.89 points, and the ChiNext Index up 0.14% at 3243.88 points [1] Fund Manager Changes - On December 26, a total of 19 fund managers experienced changes in their positions, with 681 fund products having manager changes in the past 30 days [3] - Among the changes on December 26, 20 fund products announced manager departures, involving 8 fund managers, with reasons including work changes, personal reasons, and product expirations [3][4] - Notably, 4 fund managers left due to work changes, 2 due to personal reasons, and 2 due to product expirations [3] Fund Manager Performance - Chen Qi from Huafu Silver Fund manages assets totaling 0.15 billion, with the highest return product being Huafu Internet World Flexible Allocation Mixed A, achieving a return of 176.89% over 6 years and 68 days [5] - Cheng Kun from GF Fund manages assets of 39.58 billion, with the highest return product being GF Reverse Strategy Mixed A, achieving a return of 247.91% over 11 years and 116 days [5] Fund Research Activity - In the past month (November 26 to December 26), Bosera Fund conducted the most company research, engaging with 41 listed companies, followed by Huaxia Fund, Southern Fund, and Huitianfu Fund [6][7] - The most researched industry was specialized equipment, with 168 instances, followed by the chemical products industry with 130 instances [6] Individual Stock Research - The most focused stock by public funds in the past month was Zhongke Shuguang, with 117 fund management companies participating in the research [8] - In the last week (December 19 to December 26), the most researched company was Lingyi Zhi Zao, with 40 fund institutions conducting research [8][9]

Core Viewpoint - Lingyi iTech plans to acquire 35% equity of Limin Da for 875 million yuan, aiming to gain control over 52.78% of voting rights, which will enhance its position in the AI server market [1] Group 1: Acquisition Details - The company has signed a share transfer agreement with 11 shareholders of Limin Da [1] - The acquisition will be financed through self-raised cash [1] - The company will also obtain 17.78% of voting rights through a voting rights entrustment from Zhang Qiang [1] Group 2: Strategic Implications - The acquisition is expected to strengthen the company's layout in the AI server sector, particularly in "cooling + power supply" [1] - The integration of resources from the company's three business segments: consumer electronics, robotics, and AI servers, is anticipated to unlock long-term growth potential [1] - The research report indicates an upward revision of the company's profit forecast following this strategic move [1]

Core Insights - A strategic cooperation agreement has been signed among three companies: Lingyi Robot, Haohai Starry Sky, and Zhejiang Xiantong, focusing on the industrialization of embodied intelligent robots [1] Group 1: Strategic Cooperation - The collaboration will focus on four core areas: centralized procurement agency, manufacturing, scenario innovation, and standard formulation [1] - The partnership aims to accelerate the industrialization of embodied intelligent robots and build a comprehensive industrial ecosystem covering research and development, production, and application [1] Group 2: Procurement and Supply Chain - Haohai Starry Sky and Zhejiang Xiantong will prioritize purchasing components, modules, and production processing services from Lingyi Robot for their intelligent robot mass production and new product prototypes [1] - Lingyi Robot commits to prioritizing capacity coordination to meet the demands of Haohai Starry Sky and Zhejiang Xiantong [1]

Group 1 - The core viewpoint of the article highlights the target price increases for several listed companies as recommended by brokerage firms on December 25, with notable increases for Sanlian Hongpu, Wangfujing, and Nanjing Securities [1][2] - Sanlian Hongpu (300384) received a target price increase of 24.53% to 20.00 CNY, while Wangfujing (600859) saw a 19.05% increase to 18.00 CNY, and Nanjing Securities (601990) had an 18.13% increase to 9.45 CNY [2] - A total of 20 listed companies received recommendations from brokerage firms on December 25, with Lingyi Technology receiving recommendations from 2 firms, and Guoji Heavy Industry and Nanjing Securities each receiving 1 recommendation [2] Group 2 - On December 25, only one company had its rating upgraded, with Zhongyou Securities raising Beijing Junzheng's rating from "Hold" to "Buy" [4][5] - A total of 7 companies received initial coverage from brokerage firms on December 25, including Guoji Heavy Industry, Dongfang Precision, and Dongwei Technology, all rated "Buy" by Aijian Securities, while Nanjing Securities received a "Recommended" rating from Huachuang Securities [5][6] - Other companies receiving initial coverage include Jin Guo Co. rated "Buy" by Kaiyuan Securities, and Huayin Technology rated "Buy" by Guohai Securities [6]

Group 1: Strategy and Market Trends - The report emphasizes the rise of "portfolio management" as a crucial strategy in the public fund industry, driven by the need for a structural transformation from focusing on scale to prioritizing returns and clients [5][6] - The "Action Plan" released by the China Securities Regulatory Commission in May 2025 marks a significant shift towards standardized, professional, and long-term fund management practices [5][6] - The report outlines the challenges faced by public funds in transitioning to portfolio management, including the need for a shift in performance assessment from short-term to long-term metrics [8] Group 2: Electric Vehicle Industry - In November 2025, the sales of new energy vehicles in nine European countries reached 281,000 units, reflecting a year-on-year increase of 39%, with a penetration rate of 34.3% [10][11] - The report highlights significant growth in electric vehicle sales in Germany, France, and Italy, driven by government subsidies and increasing consumer demand [11][12] - Investment recommendations include companies in the lithium battery sector such as CATL and Yiwei Lithium Energy, as well as lithium material producers like Hunan Youneng and Tianqi Lithium [13] Group 3: Semiconductor Industry - The semiconductor sector is experiencing a price uptrend due to increased demand from AI and supply-side capacity shortages, with foundries like SMIC announcing price hikes of around 10% [15][16] - The report notes that NAND and DRAM prices have surged significantly, with indices showing increases of 173% and 169% respectively since July [18] - Key beneficiaries in the semiconductor space include foundries like SMIC and storage companies such as Jiangbo Long and Zhaoyi Innovation [19] Group 4: Real Estate Industry - Beijing's recent policy changes to relax purchase restrictions for non-local families aim to stimulate the housing market, with adjustments to social security requirements and mortgage rates [21][22] - The report indicates that the sales performance of China Jinmao has been strong despite market fluctuations, with projected net profits of 11.1 billion, 15.6 billion, and 16.2 billion yuan for 2025-2027 [35][37] - Investment recommendations focus on high-credit real estate firms that can capitalize on improving market conditions, such as Greentown China and China Overseas Land & Investment [26][36] Group 5: Company-Specific Developments - Lingyi Technology plans to acquire 35% of Limin Da for 875 million yuan, enhancing its capabilities in AI server cooling and power supply [27][28] - Jin Gu Co., a leading automotive wheel manufacturer, is transitioning to a diversified new materials technology platform, with projected revenues of 42.78 billion, 61.08 billion, and 88.82 billion yuan from 2025 to 2027 [32][33] - The report highlights the strategic shift of Jin Gu Co. towards new applications in electric two-wheelers and robotics, leveraging its innovative materials [34]

Group 1 - The core point of the announcement is that Lingyi Zhi Zao has completed the "Precision Parts Process Intelligent Upgrade Project" and will permanently supplement its working capital with the remaining funds of 792,300 yuan [1][2] - The total investment amount for the project was adjusted to 168.24 million yuan, with a cumulative investment of 167.54 million yuan as of the announcement date, resulting in a surplus of 792,300 yuan [1][2] - The surplus funds consist of 699,500 yuan in principal and 92,900 yuan in net interest income after deducting fees, attributed to strict cost control during the project and effective cash management of temporarily idle funds [1][2] Group 2 - The company raised a total of 2.137 billion yuan through the issuance of convertible bonds, with a net amount of 2.116 billion yuan after deducting issuance costs [2] - The successful completion of the project and the reasonable use of surplus funds will help optimize the company's capital allocation and support its daily operational development [2]