证券代码：002813 证券简称：路畅科技 公告编号: 2025-035 深圳市路畅科技股份有限公司 第四届董事会第二十一次临时会议决议公告 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、误导性陈述或者重大遗漏。 1、审议通过了《关于公司董事会换届选举第五届董事会非独立董事的议案》 经公司股东中联重科股份有限公司提名，董事会提名委员会资格审核并征 得董事候选人本人同意，公司董事会同意选举唐红兵先生、杨笃志先生、张迁 先生为公司第五届董事会非独立董事候选人，任期自股东会审议通过之日起三 年。 《关于董事会换届选举的公告》（公告编号：2025-037）详见本公司指定信 息披露媒体《证券时报》、《上海证券报》、《证券日报》和巨潮资讯网 （www.cninfo.com.cn）。 表决结果：5票赞成、0票反对、0票弃权，0票回避表决。 本议案已经公司提名委员会审议通过，尚需提交股东会审议。 2、逐项审议通过了《关于审议公司第五届董事会非独立董事薪酬的议案》 (1) 关于审议非独立董事唐红兵先生薪酬的议案 唐红兵先生在中联重科股份有限公司及其分子公司任职，不在本公司另行领 取董事津贴。 表决结 ...

Company Overview - Shenzhen Luochang Technology Co., Ltd. is located in Nanshan District, Shenzhen, Guangdong Province, and was established on August 17, 2006. The company was listed on October 12, 2016. Its main business involves the development, production, sales, and services of automotive information, intelligence, and smart travel-related products [2]. - The revenue composition of Luochang Technology includes: Smart Cockpit 52.26%, Slag Micro Powder 24.68%, Smart Imaging 11.72%, Intelligent Networking and Other Products 10.90%, and Other Income 0.44% [2]. - The company belongs to the automotive industry, specifically in the automotive parts and automotive electronic and electrical systems sector. It is associated with concepts such as small-cap stocks, Beidou Navigation, Vehicle Networking (Vehicle Road Cloud), sharing economy, and Star Flash concept [2]. Financial Performance - As of September 10, the number of shareholders of Luochang Technology is 16,500, an increase of 1.10% from the previous period. The average circulating shares per person are 7,260, a decrease of 1.09% [2]. - For the first half of 2025, Luochang Technology achieved operating revenue of 183 million yuan, a year-on-year increase of 35.09%. However, the net profit attributable to the parent company was -46.51 million yuan, a year-on-year decrease of 86.64% [2]. Stock Performance - On September 19, Luochang Technology's stock price fell by 2.02%, reaching 25.16 yuan per share at 10:08 AM, with a trading volume of 56.4 million yuan and a turnover rate of 1.85%. The total market capitalization is 3.019 billion yuan [1]. - Year-to-date, Luochang Technology's stock price has increased by 12.67%, with a 3.37% rise over the last five trading days, a 2.71% decline over the last 20 days, and a 7.66% increase over the last 60 days [1]. - The company has appeared on the "Dragon and Tiger List" three times this year, with the most recent appearance on May 22, where the net buying on that day was -12.72 million yuan, with total buying of 26.75 million yuan (8.96% of total trading volume) and total selling of 39.47 million yuan (13.22% of total trading volume) [1]. Dividend Information - Since its A-share listing, Luochang Technology has distributed a total of 40.68 million yuan in dividends. However, there have been no dividend distributions in the past three years [3].

Market Overview - The ChiNext index experienced a significant increase, while the Shanghai Composite Index showed a slight decline, closing down 0.26%. The ChiNext index rose by 1.52% [2] - A total of 1916 stocks rose, with 81 hitting the daily limit, while 3375 stocks fell [3][4] Individual Stock Performance - Gaming stocks performed strongly, with Xinghui Entertainment and Perfect World both hitting the daily limit, increasing by 20% and 10.01% respectively [5][6] - Pork stocks saw a collective rise, with Delisi and Aonong Biological both reaching the daily limit, increasing by 10.10% and 10.02% respectively [7][8] - The automotive industry chain also experienced a surge, with Zhejiang Shibao and Luchang Technology both hitting the daily limit, increasing by 10.02% and 9.98% respectively [9][10] Notable Company Updates - Contemporary Amperex Technology Co., Ltd. (CATL) saw its stock price surge by 9% after JPMorgan upgraded its rating to "Overweight," citing strong earnings prospects and an upward revision of profit forecasts for 2025-2026 by approximately 10% [11] - Pop Mart experienced a rare drop, with its stock plummeting nearly 9%, marking the largest single-day decline since April. This was attributed to a downgrade by JPMorgan due to weak catalysts and unattractive valuations [12][13]

9月15日，早盘智能驾驶概念活跃，索菱股份、山子高科、亚太股份、海马汽车涨停，豪恩汽电涨超 10%，万集科技、路畅科技、德赛西威、千里科技等跟涨。消息面上，9月12日，工信部等八部门印发 《汽车行业稳增长工作方案（2025—2026年）》。方案提出，推进智能网联汽车准入和上路通行试点， 有条件批准L3级车型生产准入。（智通财经） ...

证券日报网讯路畅科技9月5日在互动平台回答投资者提问时表示，截至2025年8月29日，公司股东人数 为16328户。 （文章来源：证券日报） ...

Group 1 - The company primarily focuses on products related to smart cockpits, intelligent driving assistance, and smart connected products [2] - Detailed product information can be found in the company's regular reports [2]

Core Viewpoint - The company focuses on the development and application of mobile robots, including products such as automated guided vehicles and intelligent handling robots, but does not currently have products related to humanoid robots [1] Group 1 - The company primarily offers products in intelligent cockpits, intelligent assisted driving, and intelligent connected products [1] - The company does not have any products that involve humanoid robots [1] - Investors are encouraged to refer to the company's regular reports for detailed product information [1]

Core Viewpoint - Shenzhen Luochang Technology Co., Ltd. (referred to as "Luochang Technology") has faced significant discrepancies between its audited net profit and its performance forecasts, leading to regulatory scrutiny and violations of stock listing rules [1][2][6]. Financial Performance Summary - In the third quarter of 2019, Luochang Technology reported a revenue of 167 million yuan, a year-on-year decline of 8.69%, and a net profit attributable to shareholders of -24.81 million yuan, down 50.60% year-on-year [2]. - The company initially projected a net profit range for 2019 of -150 million to -120 million yuan, which was later revised to -270 million to -180 million yuan due to market downturns and increased competition [3]. - The final audited net profit for 2019 was reported at -352 million yuan, representing a year-on-year decline of 2177.22% [4]. Regulatory Compliance Issues - Luochang Technology failed to timely correct its profit forecasts, violating multiple provisions of the Stock Listing Rules, including the need for accurate and timely disclosures [2][7]. - The company was reminded to adhere to legal and regulatory requirements for information disclosure, ensuring that all disclosures are truthful, accurate, and complete [7][8].

Core Viewpoint - The acquisition of 100% equity of Zhonglian High Machine by Luchang Technology is expected to significantly enhance the revenue scale and overall profitability of Luchang Technology, marking a strategic shift in its business focus towards high-altitude operation machinery [1][2]. Group 1: Transaction Details - Luchang Technology plans to issue shares to 29 parties, including Zhonglian Heavy Industry, to acquire Zhonglian High Machine for a transaction price of 9.424 billion yuan [1]. - The company aims to raise up to 3.35 billion yuan through a share issuance to no more than 35 specific investors, with 1 billion yuan allocated for the construction of a production base in Mexico [1]. - Following the announcement, Luchang Technology's stock price reached a year-high of 44.89 yuan per share, closing at 41.09 yuan, reflecting a year-to-date increase of approximately 70% [1]. Group 2: Financial Performance and Projections - As of April 30, 2023, the book value of Zhonglian High Machine's equity was 3.319 billion yuan, with a valuation of 9.424 billion yuan, resulting in an appreciation of 6.105 billion yuan and a growth rate of 183.91% [2]. - Performance commitments have been set for Zhonglian High Machine, with net profit targets of no less than 742 million yuan, 901 million yuan, and 1.028 billion yuan for the years 2024, 2025, and 2026, respectively [2]. Group 3: Business Transition and Market Context - Luchang Technology's primary business will shift to high-altitude operation machinery, while its existing automotive electronics and related business plans will remain unchanged [3]. - The automotive electronics sector has faced challenges, with Luchang Technology reporting a loss of 352 million yuan in 2019 due to a significant decline in automotive sales and subsequent asset impairment [4]. - The company has struggled to achieve substantial profits in recent years, with net profits of 79.19 million yuan, 5.24 million yuan, and 3.29 million yuan from 2020 to 2022, respectively [4]. - The competitive landscape in the automotive electronics industry, characterized by rapid technological changes and the ongoing transition towards electrification and intelligence, poses additional challenges for Luchang Technology [4]. Group 4: Strategic Implications - The restructuring and spin-off are expected to broaden Luchang Technology's business scope, allowing for timely transformation and strategy adjustment to enhance revenue sources and profitability [5]. - The integration of Zhonglian High Machine's operations is anticipated to provide new momentum and vitality for Luchang Technology's development, benefiting both companies through effective business complementarity and resource integration [6].

Core Viewpoint - Luochang Technology (002813) reported a significant increase in revenue but a substantial decline in net profit for the first half of 2025, indicating challenges in profitability despite revenue growth [1] Financial Performance Summary - Total revenue reached 183 million yuan, a year-on-year increase of 35.09% [1] - Net profit attributable to shareholders was -46.51 million yuan, a year-on-year decrease of 86.64% [1] - Gross margin was 10.19%, down 51.86% year-on-year [1] - Net margin was -25.45%, a decline of 38.15% compared to the previous year [1] - Operating cash flow per share was -0.41 yuan, a decrease of 192.09% year-on-year [1] Key Financial Metrics - Revenue growth driven by increased sales in automotive electronics [6] - Operating costs rose by 53.9% due to higher costs associated with increased sales and raw material price hikes [6] - Total liabilities increased significantly, with interest-bearing debt rising by 120.26% to 533.66 million yuan [1][6] Changes in Financial Items - Accounts receivable increased by 45.54% to 66.36 million yuan, indicating higher sales but also potential collection issues [1][3] - Inventory rose by 23.45%, attributed to an increase in orders [3][4] - Short-term borrowings increased by 63.5%, reflecting a need for additional financing [3][6] Operational Insights - The company has faced challenges with cash flow, as indicated by a negative operating cash flow and a low cash position relative to current liabilities [8] - The company has a history of weak investment returns, with a median ROIC of 5.18% since its listing [7]