证券代码：002877 证券简称：智能自控 公告编号：2025-079 无锡智能自控工程股份有限公司 关于公司股东减持计划实施完毕的公告 无锡天亿信投资有限公司保证向本公司提供的信息内容真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 一、本次权益变动的具体情况 无锡智能自控工程股份有限公司（以下简称"本公司"或"公司"）于 2025 年 10 月 20 日披露了《关于股东减持股份的预披露公告》（公告编号：2025-071）， 公司控股股东、实际控制人沈剑标先生之一致行动人无锡天亿信投资有限公司计划 自本公告之日起 15 个交易日后的 3 个月内（即 2025 年 11 月 10 日起至 2026 年 2 月 8 日止），以集中竞价方式减持本公司股份不超过 3,550,000 股（占本公司总股本 比例 1.00%）。 公司于 2025 年 11 月 19 日披露了《关于公司股东减持股份触及 1%整数倍的公 告》（公告编号：2025-075）。无锡天亿信投资有限公司自 2025 年 11 月 11 日至 2025 年 11 月 17 日 ...

"2025年是人工智能技术高速发展的一年，公司高度重视人工智能为企业经营管理效率提升的作用。"12 月8日，深圳歌力思服饰股份有限公司董事长、总经理夏国新在业绩说明会中回答《证券日报》记者提 问时介绍，公司从多个层面进行了规划。集团层面成立了人工智能领导小组，自上而下地加速人工智能 在集团内部的推广应用，并设立专门奖项，鼓励集团上下积极拥抱人工智能技术，同时内部设立人工智 能社区，推动员工对于人工智能应用进行交流互动，加强内部学习氛围。 夏国新介绍，从设计、供应链、商品管理、营销和运营等多个层面，公司都在积极推动人工智能技术的 应用。"设计方面，公司持续加大在设计企划提案中国内外先进人工智能工具的使用，提升企划阶段的 设计效率和设计细节的精准度；供应链和商品管理方面，公司与外部人工智能供应商合作自主研发供应 链智能体系统，实现人工智能自动解析采购需求，动态预测需求波动，调整采购计划，避免库存积压或 短缺；公司与第七在线等商品管理人工智能服务提供商合作，搭建人工智能智能商品解决方案；营销和 运营方面，公司使用人工智能技术，制作各品牌产品多场景服装的图片展示和视频等，提升效率并节省 拍摄费用；管理方面，公司引入了 ...

Group 1 - The company has redeemed 10.2 million yuan of idle raised funds after 35 days, yielding only 5,868.49 yuan, with an annualized return of just 0.6%, significantly below conventional levels [1] - The early redemption likely indicates that the company has more urgent and important uses for the funds, such as accelerating key investments in its main business or pursuing unexpected opportunities that require immediate financial support [2] - The announcement highlights that after redemption, the company will manage cash with zero idle raised funds, suggesting a strategic shift towards investing fully in the real economy rather than short-term financial management [3] Group 2 - The decision to sacrifice short-term gains for the retrieval of funds may reflect a transition from financial conservatism to strategic aggressiveness, allowing the company to redirect resources from inefficient financial cycles to core business expansion, technology development, or market exploration [4] - The capital market should focus on the direction of fund flows rather than just the minor details of financial returns, as this move could lay the groundwork for greater enterprise value in the future [4]

Core Viewpoint - The announcement by Intelligent Control (002877) regarding the redemption of financial products has sparked public discourse, revealing the underlying issues of the company's operational performance and reliance on financial management rather than core business growth [1] Financial Performance - The annualized return of approximately 1.92% from the investment in bank financial products is only slightly higher than that of a regular savings account, indicating a lack of effective capital utilization [2] - The company utilized nearly 9.8 million yuan of idle raised funds, yielding only 17,500 yuan in returns over 34 days, highlighting a significant disconnect between capital efficiency and the company's identity and resource allocation capabilities [2] Growth Challenges - The characterization of the funds as "temporarily idle" raises concerns about the company's growth potential, suggesting slow project advancement, a scarcity of investment opportunities, or a lack of confidence from management in expanding the core business [3] - The reliance on financial product returns as a performance metric raises questions about the remaining growth potential in the company's primary operations [3] Compliance vs. Reasonableness - While the actions taken by the company may be compliant with regulations, compliance does not equate to rationality or optimal decision-making, as the company has a responsibility to maximize long-term value for public investors [3] - The focus on low-risk financial management reflects a conservative approach that may undermine the company's future competitiveness in a highly competitive market [3] Perception and Values - The announcement intended to showcase prudent fund management inadvertently revealed the company's values, signaling a concerning disregard for capital efficiency, which is more alarming to investors than the actual return figures [4] - The enthusiasm for minor financial gains reflects a strategic confusion within the company, as resources are directed towards trivial profits rather than deepening core business operations and exploring growth avenues [5]

证券代码：002877 证券简称：智能自控 公告编号：2025-078 无锡智能自控工程股份有限公司 关于使用暂时闲置募集资金进行现金管理 币种：人民币 签约银行 关联关系 投资期限 产品类型 起息日期 终止日期 产品名称 预期年化收 益率 （精确到两 位小数） 购买金 额 （万 元） 到期收益（ 元） 中国银行股 份有限公司 无锡分行营 业部 无关联 关系 35 保本保 最低收 益型 2025-10-29 2025-12-3 挂钩型结构性存款 （机构客户）【CSD VY202513286】 0.60%或 1.92% 1020 5868.49 合计 1020 5868.49 到期赎回的公告 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。 无锡智能自控工程股份有限公司（以下简称"公司"）2025 年 9 月 12 日召开的 第五届董事会第二十一次会议审议通过了《关于继续使用暂时闲置募集资金进行现 金管理的议案》，为提高公司募集资金的使用效率，公司拟在不影响募集资金使用的 情况下，根据募集资金投资项目的投资计划和建设进度，在确保资金安全的前提下， 根据《深圳证券交 ...

关于使用暂时闲置募集资金进行现金管理 到期赎回的公告 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。 无锡智能自控工程股份有限公司（以下简称"公司"）2025 年 9 月 12 日召开的 第五届董事会第二十一次会议审议通过了《关于继续使用暂时闲置募集资金进行现 金管理的议案》，为提高公司募集资金的使用效率，公司拟在不影响募集资金使用的 情况下，根据募集资金投资项目的投资计划和建设进度，在确保资金安全的前提下， 根据《深圳证券交易所股票上市规则》、《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》、《上市公司募集资金监管规则》等有关法律法规的 规定，使用不超过人民币 5,000 万元的暂时闲置募集资金进行现金管理，该额度在 董事会审议通过之日起十二个月内可循环滚动使用。《关于继续使用暂时闲置募集资 金进行现金管理的公告》（公告编号：2025-064）已于 2025 年 9 月 15 日刊登于《证 券时报》和巨潮资讯网（www.cninfo.com.cn）。 一、本次使用暂时闲置募集资金进行现金管理到期赎回的情况 《关于使用暂时闲置募集资金进行 ...

Market Overview - The general equipment sector experienced a decline of 0.21% on November 26, with smart control leading the drop [1] - The Shanghai Composite Index closed at 3864.18, down 0.15%, while the Shenzhen Component Index closed at 12907.83, up 1.02% [1] Stock Performance - Notable gainers in the general equipment sector included: - Wald (688028) with a closing price of 74.90, up 12.72% and a trading volume of 141,800 shares, totaling 1.024 billion yuan [1] - Zhongshun Group (000039) closed at 9.35, up 10.00% with a trading volume of 1,947,400 shares, totaling 1.764 billion yuan [1] - Huashu High-Tech (688433) closed at 62.18, up 7.21% with a trading volume of 74,100 shares, totaling 447 million yuan [1] Decliners - Key decliners included: - Smart Control (002877) with a closing price of 9.45, down 9.91% and a trading volume of 681,500 shares, totaling 657 million yuan [2] - Rongyi Precision (920223) closed at 21.50, down 6.52% with a trading volume of 89,600 shares, totaling 195 million yuan [2] - Huafeng Co. (605100) closed at 43.91, down 5.39% with a trading volume of 84,600 shares, totaling 377 million yuan [2] Capital Flow - The general equipment sector saw a net outflow of 614 million yuan from institutional investors and a net outflow of 119 million yuan from retail investors, while retail investors had a net inflow of 733 million yuan [2] - Specific stock capital flows indicated: - Zhongshun Group (000039) had a net inflow of 47.416 million yuan from institutional investors, while retail investors experienced a net outflow of 18.000 million yuan [3] - Wald (688028) had a net inflow of 96.345 million yuan from institutional investors, with retail investors seeing a net outflow of 78.723 million yuan [3] - Sifangda (300179) had a net inflow of 81.558 million yuan from institutional investors, while retail investors faced a net outflow of 85.899 million yuan [3]

| 智能自控11月25日交易公开信息 | | --- | | 买/卖 | 会员营业部名称 | 买入金额（万元） | 卖出金额（万元） | | --- | --- | --- | --- | | 买一 | 华福证券有限责任公司南京胜太路证券营业部 | 4138.29 | 2467.04 | | 买二 | 爱建证券有限责任公司杭州富春路证券营业部 | 3194.10 | 1328.64 | | 买三 | 华福证券有限责任公司佛山南海毅贤路证券营业部 | 2301.05 | 2483.51 | | 买四 | 华鑫证券有限责任公司杭州分公司 | 1999.03 | 0.00 | | 买五 | 机构专用 | 1664.15 | 1033.83 | | 卖一 | 爱建证券有限责任公司温州划龙桥路证券营业部 | 74.59 | 3972.15 | | 卖二 | 华福证券有限责任公司佛山南海毅贤路证券营业部 | 2301.05 | 2483.51 | | 卖三 | 华福证券有限责任公司南京胜太路证券营业部 | 4138.29 | 2467.04 | | 卖四 | 中信证券股份有限公司宁波北仑新碶证券营业部 | 687.95 ...

New Stock Issuance - The new stock issuance for Moer Thread (证券代码: 787795) is priced at 114.28 RMB per share, effective from November 24, 2025[1] - Tianpu Co., Ltd. (证券代码: 605255) is undergoing a tender offer period from November 20 to December 19, 2025[1] Cash Options - Hangzhou Qilun B (证券代码: 200771) has a cash option declaration period from November 19 to November 25, 2025[1] Market Alerts - Jiumuwang (证券代码: 601566) has reported severe abnormal fluctuations[1] - Hefu China (证券代码: 603122) is also noted for significant abnormal fluctuations[1] Recent Announcements - Huasheng Lithium Battery (证券代码: 688353) and Pinming Technology (证券代码: 688109) have recent announcements regarding their stock activities[1] - ST Yuan Cheng (证券代码: 603388) and ST Keli Da (证券代码: 603828) have also made recent disclosures[1] Trading Updates - The trading updates include various companies with links to their respective announcements, indicating ongoing market activities and potential investment opportunities[1]

Market Overview - Major market indices opened lower, with the Shanghai Composite Index down 0.87% at 3896.66 points, the Shenzhen Component Index down 1.76% at 12752.72 points, and the ChiNext Index down 2.07% at 2979.37 points [1] Stock Performance - A total of 357 stocks rose at the opening, with newly listed stock N Dapeng surging 289.89% [1] - There were 4 stocks hitting the daily limit up, including *ST Mubang with 5 consecutive limit ups, Yingli Automotive with 4 limit ups in 6 days, and Meng Tian Home with 3 consecutive limit ups [1] - Conversely, 4869 stocks declined at the opening, with 23 stocks hitting the daily limit down, including Renmin Tongtai and Dazhong Mining [1] Price Continuity - Among the stocks that hit the limit up yesterday, 4 stocks continued to hit the limit up today, including Yingli Automotive and Shen Zhonghua A [1] - Stocks that opened lower included Intelligent Control, Jiumuwang, and Dawi Shares, with opening declines of 10.00%, 9.99%, and 9.99% respectively [1] - From the stocks that hit the limit down yesterday, 7 stocks continued to hit the limit down today, including Renmin Tongtai and *ST Yunwang [1]