Core Viewpoint - The company, Liangxin Co., Ltd. (002706), is actively engaging in the energy storage sector through its investment in Guangdong New Energy Storage National Research Institute, focusing on advanced technologies in various storage methods [1] Group 1: Company Involvement - Liangxin Co., Ltd. has a stake in Guangdong New Energy Storage National Research Institute, which specializes in electrochemical storage, physical storage, hydrogen storage, and safety in the entire storage process [1] - The partnership is expected to enhance the company's capabilities in research and development of cutting-edge storage technologies [1] - This involvement will strengthen the synergy between the company's products and the energy storage industry, expanding its comprehensive capabilities in smart energy solutions [1]

证券代码：002706 证券简称：良信股份 公告编号：2025-070 上海良信电器股份有限公司 关于控股股东股份质押、延期质押及解除质押的公告 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。 | 龙 | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 樊剑 军 | 57,698,542 | 5.14% | 28,810,000 | 23,147,900 | 40.12% | 2.06% | 23,147,900 | 100% | 20,126,007 | 58.25% | | 陈平 | 52,698,617 | 4.69% | 18,162,500 | 14,815,600 | 28.11% | 1.32% | 14,815,600 | 100% | 24,708,363 | 65.22% | | 丁发 | 57,698,550 | 5.14% | 22,888,000 | 21,447,000 | 37.17% | 1.91% ...

Core Points - The company held its second extraordinary general meeting of shareholders in 2025, which was conducted with both on-site and online voting methods [1][2][4] - The meeting had a total attendance of 240 shareholders and representatives, representing 369,817,003 shares, which is 34.0965% of the company's total share capital [5][6] - Several key resolutions were passed during the meeting, including the cancellation of the supervisory board and amendments to the company's governance systems [7][8][12] Meeting Details - The meeting was convened by the company's seventh board of directors and chaired by Chairman Ren Silong [4] - The on-site meeting took place on November 11, 2025, at the company's conference room in Shanghai, while online voting was available during specified time slots on the same day [2][3] - Shareholders could choose either on-site or online voting, with the first vote counted in case of duplicates [2] Voting Results - The resolution to cancel the supervisory board was approved with 369,625,889 votes in favor, accounting for 99.9483% of the votes cast [7] - The resolution to amend certain governance systems received 354,423,117 votes in favor, representing 95.8374% of the votes [8] - Other resolutions, including amendments to the board meeting rules and related transaction management, also received overwhelming support, with approval rates generally above 95% [9][10][12][14] Legal Opinion - The meeting was witnessed by lawyers from Guohao Law Firm, who confirmed that the meeting's procedures and voting methods complied with relevant laws and regulations [18]

Core Viewpoint - The company is focusing on expanding its overseas business, particularly in the North American and European data center and renewable energy markets, while maintaining strong relationships with key clients [1]. Group 1 - The company is currently working on UL certification for high-demand products to facilitate sales in the North American market [1]. - The company aims to enhance its product and brand influence by closely following its "Two Intelligence and One Innovation" strategy, with a focus on high-end applications such as data centers [1].

证券代码：002706 证券简称：良信股份 公告编码：2025-069 上海良信电器股份有限公司 2025 年第二次临时股东会决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏。 （3）公司股东只能选择现场投票和网络投票中的一种方式进行表决，如果 同一表决权出现重复投票表决的，以第一次投票表决结果为准；如果网络投票中 重复投票，以第一次投票表决结果为准。 一、重要提示 1、本次股东会召开期间没有增加或否决议案的情况发生。 2、本次股东会不涉及变更前次股东会决议的情形。 3、本次股东会采取现场投票、网络投票相结合的方式。 二、会议召开情况 1．召集人：公司第七届董事会 2．召开方式：现场投票、网络投票相结合 3．召开时间： （1）现场会议：2025 年 11 月 11 日（星期二）下午 （2）网络投票：通过深圳证券交易所交易系统进行网络投票的具体时间为 2025 年 11 月 11 日上午 9：15-9：25，9：30-11：30，下午 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 11 月 11 日上午 9:15 ...

2025 年第二次临时股东会的 法律意见书 致：上海良信电器股份有限公司 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》（以下简称"《证券法》"）和中国证券监督管理委员会《上市公司 股东会规则》（以下简称"《股东会规则》"）的规定，国浩律师（上海）事务所 接受上海良信电器股份有限公司（以下简称"公司"）董事会的聘请，指派律师出 席并见证了公司于 2025 年 11 月 11 日召开的公司 2025 年第二次临时股东会现场 会议，并依据有关法律、法规、规范性文件的规定以及《上海良信电器股份有限 公司章程》（以下简称"《公司章程》"）的规定，对本次股东会的召集、召开程 序、出席人员资格、会议表决程序和表决结果等事宜进行了审查，现发表法律意 见如下： 北京 上海 深圳 杭州 广州 昆明 天津 成都 宁波 福州 西安 南京 南宁 济南 香港 巴黎 马德里 硅谷 BEIJING SHANGHAI SHENZHEN HANGZHOU GUANGZHOU KUNMING TIANJIN CHENGDU NINGBO FUZHOU XI'AN NANJING NANNING JINAN H ...

Core Viewpoint - The company is actively developing multiple solid-state circuit breaker projects and aims to maintain its leading position in the market for frame circuit breakers in China, with projected sales growth in the coming years [1] Group 1: Company Developments - The company reported that its sales of frame circuit breakers exceeded 200,000 units in 2023 and are expected to surpass 250,000 units in 2024, maintaining its position as the market leader in China [1] - The company is focusing on various solid-state circuit breaker projects, including molded case and miniature circuit breakers, targeting applications in data centers, renewable energy, and smart grids [1] Group 2: Market Strategy - The company plans to enhance product competitiveness and market share to solidify and expand its leading position in the frame circuit breaker sector [1]

Core Insights - On November 10, the Shanghai Composite Index rose by 0.53%, with institutional investors appearing on the trading lists of 29 stocks, net buying 12 and net selling 17 [1][2]. Institutional Trading Summary - The stock with the highest net buying by institutional seats was Wanrun Technology, which closed at the daily limit with a turnover rate of 18.51% and a transaction amount of 2.604 billion. The net buying amounted to 131.24 million from institutional seats, with a total net inflow of 501 million [2][5]. - Tianji Shares also closed at the daily limit, with a turnover rate of 18.26% and a transaction amount of 3.618 billion. Institutional seats net bought 122.17 million, with a total net inflow of 299 million [2][5]. - On the other hand, Liangxin Shares closed at the daily limit down, with a turnover rate of 17.66% and a transaction amount of 1.936 billion. Institutional seats net bought 55.67 million, but the total net outflow was 282 million [3][5]. Market Performance - The average increase of stocks with net institutional buying was 6.94%, outperforming the Shanghai Composite Index. Strong performers included Huasheng Lithium and Online & Offline, both closing at the daily limit [3][4]. - A backtest of stocks with net institutional buying over the past month showed a 54.95% probability of rising the next day, with a 53.58% chance of outperforming the index [3][4]. Net Selling Summary - The stock with the highest net selling by institutions was Xinquan Shares, which saw a net outflow of 332.63 million, with institutional seats net selling 332.63 million [3][5]. - Zhejiang Rongtai also experienced significant net selling, with a total net outflow of 337 million, despite some net buying from the Shanghai-Hong Kong Stock Connect [4][8]. Stock Connect Activity - On November 10, 19 stocks on the trading list had participation from the Shanghai-Hong Kong Stock Connect, with net buying in stocks like Jiugui Liquor and Zhejiang Rongtai, amounting to 137.41 million and 81.24 million respectively [7][8].

Core Viewpoint - Liangxin Co., Ltd. experienced a significant drop in stock price, reaching the daily limit down, with a trading volume of 1.936 billion yuan and a turnover rate of 17.66% [2] Trading Activity - The stock was listed on the Shenzhen Stock Exchange due to a daily price deviation of -10.40%, with institutional net purchases amounting to 55.67 million yuan and net purchases from the Shenzhen Stock Connect totaling 55.49 million yuan [2] - The top five trading departments accounted for a total transaction volume of 520 million yuan, with buying transactions of 215 million yuan and selling transactions of 305 million yuan, resulting in a net selling of 89.95 million yuan [2] - Among the trading departments, four institutional special seats were active, with a total buying amount of 97.82 million yuan and selling amount of 42.14 million yuan, leading to a net purchase of 55.67 million yuan [2] Fund Flow - The stock saw a net outflow of 282 million yuan in main funds, with a significant outflow of 299 million yuan from large orders, while small orders saw a net inflow of 16.64 million yuan [2] - Over the past five days, the main funds have seen a net inflow of 140 million yuan [2] Margin Trading Data - As of November 7, the latest margin trading balance for the stock was 368 million yuan, with a financing balance of 365 million yuan and a securities lending balance of 2.79 million yuan [3] - In the past five days, the financing balance increased by 62.14 million yuan, representing a growth of 20.52%, while the securities lending balance increased by 1.16 million yuan, with a growth rate of 71.55% [3]

Core Viewpoint - The company, Liangxin Co., Ltd. (002706.SZ), has completed the reduction of shares held under its employee stock ownership plan, which involved a total reduction of 5,710,000 shares, accounting for 0.51% of the company's total share capital [1] Summary by Relevant Sections - **Employee Stock Ownership Plan** - The employee stock ownership plan, referred to as "Plan 1," has fully divested its holdings as of November 7, 2025 [1] - The shares were sold through centralized bidding [1] - **Share Reduction Details** - A total of 5,710,000 shares were reduced, representing 0.51% of the total share capital of the company [1] - The plan's completion was officially announced on November 10 [1]