广东凌霄泵业股份有限公司 关于参加 2025 年广东辖区投资者集体接待日暨辖区上市公 司中报业绩说明会活动的公告 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。 为进一步加强与投资者的互动交流，广东凌霄泵业股份有限公司（以下简 称"公司"）将参加由广东证监局、广东上市公司协会与深圳市全景网络有限公 司联合举办的"向新提质 价值领航——2025 年广东辖区投资者集体接待日暨辖 区上市公司中报业绩说明会"活动，现将相关事项公告如下： 证券代码：002884 证券简称：凌霄泵业 公告编号：2025-041 届时公司董事长兼总经理王海波先生、财务总监陆凤娟女士、董事会秘书刘 子庚先生将在线就公司 2025 年半年报业绩、公司治理、发展战略、经营状况等 投资者关心的问题，与投资者进行沟通与交流，欢迎广大投资者踊跃参与！ 特此公告。 广东凌霄泵业股份有限公司董事会 2025 年 9 月 16 日 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP, 参与本次互动交流，活 ...

证券代码：002884 证券简称：凌霄泵业 公告编号：2025-042 广东凌霄泵业股份有限公司 关于公司及子公司使用闲置自有资金购买理财产品及部分理财 产品赎回的公告 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。 一、使用闲置自有资金进行现金管理的情况 2025 年 4 月 9 日广东凌霄泵业股份有限公司（以下简称"公司"）第十一届 董事会第十次会议审议通过了《关于公司及子公司使用闲置自有资金进行现金管 理的议案》，同意在保证公司及子公司资金流动性及安全性前提下，公司及子公 司拟使用额度不超过人民币 180,000 万元（含人民币 180,000 万元）的闲置自有 资金进行现金管理，在该额度内资金可以滚动使用。同时，为提高工作效率，董 事会授权公司管理层具体实施上述事宜。2025 年 5 月 7 日，公司召开 2024 年年 度股东大会审议通过前述议案，具体内容请见于 2025 年 4 月 11 日、2025 年 5 月 8 日在公司指定信息披露媒体及深圳证券交易所网站（http://www.szse.cn/）、 巨潮资讯网（http://www.cnin ...

Investment Rating - The report maintains a strong buy recommendation for the industry, highlighting specific companies such as Juxing Technology, QuanFeng Holdings, Jack Technology, and Honghua Digital Science as key investment opportunities [4][9]. Core Insights - The overall revenue growth rate for the sample companies in the first half of 2025 was 15.04%, while the net profit growth rate was 23.34%, indicating that profit growth outpaced revenue growth [3][15]. - The average gross margin for the sample companies in the first half of 2025 was 30.95%, a slight decrease of 0.53 percentage points year-on-year, while the average net margin increased by 0.96 percentage points to 14.15% [3][21]. - Cash flow conditions improved significantly, with operating net cash flow rising from 5.384 billion in the first half of 2024 to 6.978 billion in the first half of 2025 [3][21]. Summary by Sections 1. Overview of Consumer Goods Export Chain Companies - The report analyzes 21 companies in the mechanical industry that primarily serve the C-end consumer market or manufacture products for C-end consumption, with a significant portion of their revenue coming from overseas markets [2][12]. 2. Stock Performance - Stock performance showed significant differentiation, with companies in the garden tools and two-wheeler sectors performing well. Notable performers in Q1 2025 included Jiexing Technology and QuanFeng Holdings, driven by the robotics sector [7][13]. 3. Profit Growth Outpacing Revenue Growth - The report notes that several companies experienced revenue growth exceeding 20%, including Daya Co. with a 132.3% increase in revenue due to seasonal demand and acquisitions [15][16]. 4. Profitability Improvement - Most sample companies demonstrated strong profitability, with net profit margins increasing year-on-year. Companies like Yindu Co. and Honghua Digital Science reported high net margins of 24.3% and 25.47%, respectively [21][22]. 5. Cash Flow Status - The cash flow situation for the sample companies is reported to be good, with a net cash ratio consistently above 1, indicating healthy cash flow management [3][21]. 6. Future Outlook - The report emphasizes the importance of monitoring tariff and interest rate changes, which could catalyze demand in certain sub-industries. The anticipated interest rate cuts in the U.S. are expected to enhance demand elasticity for related products [8][9]. 7. Investment Recommendations - The report suggests focusing on companies with advanced global layouts that are likely to gain market share amid tariff changes. Specific recommendations include Juxing Technology, QuanFeng Holdings, and Jack Technology [8][9].

证券代码:002884 证券简称：凌霄泵业 公告编号：2025-040 广东凌霄泵业股份有限公司 关于《信息披露管理制度》的更正公告 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。 广东凌霄泵业股份有限公司（以下简称"公司"）于 2025 年 8 月 29 日在巨潮 资讯网（www.cninfo.com.cn）披露了《信息披露管理制度》（2025 年 8 月），经 事后核查发现，由于工作人员疏忽，导致"第二章信息披露的内容及披露标准" 之"第二节 临时报告"中的第二十七条内容有误，需要进行更正，具体如下： 更正前： 第二十七条 达到相应标准应披露的交易事项包括: …… （一）交易涉及的资产总额占公司最近一期经审计总资产的 10%以上，该交 易涉及的资产总额同时存在账面值和评估值的，以较高者为准； （二）交易标的（如股权）涉及的资产净额占公司最近一期经审计净资产的 10%以上，且绝对金额超过 1000 万元，该交易涉及的资产净额同时存在账面值 和评估值的，以较高者为准； （二）交易标的（如股权）在最近一个会计年度相关的营业收入占公司最 近一个会计年度经审计营业收 ...

广东凌霄泵业股份有限公司 信息披露管理制度 （六）参股子公司由公司委派的股东代表或者董事、高级管理人员； 第三条 本制度适用于以下人员和机构（以下统称"信息披露义务人"）： （一）公司董事和董事会； （二）公司高级管理人员； （三）董事会秘书、证券事务代表和证券部； （四）公司各部门负责人及指定的信息披露人员； （五）控股子公司的法定代表人、总经理和财务负责人或者其他指定信息 披露人员； 第一章 总则 第一条 根据《中华人民共和国公司法》、《中华人民共和国证券法》、 《上市公司治理准则》、《上市公司信息披露管理办法》、《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 5 号——信息披 露事务管理》等法律、行政法规、部门规章和深圳证券交易所的有关规定，为 规范广东凌霄泵业股份有限公司（以下简称"公司"）信息披露行为，确保信 息披露的真实、准确、及时、完整，保护投资者合法权益，增加公司透明度， 维护公司在资本市场的良好形象，结合公司具体情况，特制定本制度。 第二条 本制度所称信息披露是指在规定的时间内以规定的披露方式将所 有可能对公司股票价格产生重大影响的信息及证券监管部门要求披露的信息在 ...

Group 1 - The company conducted an online investor relations activity on September 1, engaging with 15 institutions to discuss overall business performance and related Q&A [1] - For the first half of 2025, the company reported a revenue of 840 million yuan, representing a year-on-year increase of 11.57%, and a net profit of 234 million yuan, up 7.78% year-on-year [2] - Domestic sales grew by 17.90% while overseas sales increased by 6.71%, attributed to market expansion in stainless steel pumps and recovery in orders following inventory consumption in the domestic plastic bathroom pump sector [2] Group 2 - The Q&A session highlighted the company's pricing strategy, which remains stable and is adjusted based on market changes [3] - The company anticipates stable performance in Q3, with normal shipments in July and August, although uncertainties exist due to U.S. tariffs [3] - Growth in demand for stainless steel pumps is driven by market expansion in Europe and Asia, as well as increased demand in domestic agriculture influenced by smart agriculture policies [3] Group 3 - The company aims to maintain its competitive edge in plastic bathroom pumps while significantly developing stainless steel pumps, expanding product lines, and broadening sales channels [3] - The company has over 40 years of experience in integrated research and development of electric motors and water pumps, which is considered a competitive advantage [3] - The company plans to maximize shareholder value through a dividend strategy based on performance and future development, subject to board and shareholder approval [3]

Group 1: Financial Performance - The company's revenue for the first half of 2025 was 840 million yuan, an increase of 11.57% year-on-year [2] - Net profit reached 234 million yuan, up 7.78% compared to the previous year [2] - Domestic sales grew by 17.90%, while overseas sales increased by 6.71% [2] Group 2: Market Dynamics - The growth in sales is attributed to the expansion of downstream channels in the stainless steel pump market and recovery in order placements due to normal demand [2] - The company expects stable performance in the third quarter, with normal shipments in July and August [3] - Demand for stainless steel pumps is increasing due to favorable conditions in the domestic market, influenced by national smart agriculture policies [3] Group 3: Strategic Focus - The company aims to maintain its competitive edge in the stainless steel pump sector while continuing to leverage its strengths in plastic bathroom pumps [3] - There is a strategic emphasis on expanding the product line for stainless steel pumps and developing various industry applications [3] - The company has maintained strong communication with customers to mitigate the impact of U.S. tariffs [3] Group 4: Future Considerations - The company is committed to maximizing shareholder value and will consider dividend plans based on performance and future development [4] - The majority of domestic plastic bathroom pumps are sold to local manufacturers, with a significant portion being exported [4]

Core Viewpoint - Lingxiao Pump Industry (002884) reported a year-on-year increase in both revenue and net profit for the first half of 2025, indicating stable growth despite some declines in profit margins and cash flow metrics [1]. Financial Performance - The total revenue for the first half of 2025 reached 840 million yuan, an increase of 11.57% compared to 753 million yuan in the same period of 2024 [1]. - The net profit attributable to shareholders was 234 million yuan, up 7.78% from 217 million yuan in the previous year [1]. - In Q2 2025, the revenue was 474 million yuan, reflecting a 10.64% increase year-on-year, while the net profit for the quarter was 130 million yuan, a rise of 5.85% [1]. - The gross margin was reported at 36.49%, a slight decrease of 0.21% from the previous year, and the net margin was 27.87%, down 3.4% [1]. - Total expenses (selling, administrative, and financial) amounted to 14.44 million yuan, representing a significant increase of 585.32% as a percentage of revenue [1]. Key Ratios and Metrics - The return on invested capital (ROIC) for the previous year was 18.19%, indicating strong capital returns, with a historical median ROIC of 20.25% since the company went public [3]. - The net profit margin for the previous year was 27.79%, suggesting high added value in products or services [3]. - The company's cash assets are reported to be very healthy, indicating good debt repayment capability [3]. Fund Holdings - The largest fund holding Lingxiao Pump Industry is the Southern Quality Preferred Flexible Allocation Mixed A, with 4.36 million shares, which has reduced its holdings [4]. - Other funds have also adjusted their positions, with some new entries into the top ten holdings [4]. Export Dynamics - Sales to the United States have been affected by tariffs, with a maximum tariff of 145% causing customers to hesitate; however, orders are gradually returning to normal following trade discussions that retained a 30% tariff for 2025 [5].

Meeting Information - The company will hold its first extraordinary general meeting of shareholders for 2025 on September 16, 2025, at 14:50, combining on-site voting and online voting [1][2] - The meeting will take place at the company's conference room located at 117 Chunjiang Avenue, Chuncheng Town, Yangchun City [2] - The equity registration date for the meeting is September 10, 2025 [2] Attendance and Voting - All registered ordinary shareholders of the company are entitled to attend the meeting and exercise their voting rights, with the option to appoint a proxy [2] - The meeting will review 11 non-cumulative voting proposals, which have been approved by the company's board of directors [2][11] - Voting rights for small and medium investors will be counted separately and disclosed promptly [2] Registration Process - Shareholders must provide proof of shareholding and identification documents for registration [3][4] - Registration will occur on September 15, 2025, from 9:00 to 12:00 and 14:30 to 17:00 [4] Online Voting - Shareholders can participate in online voting through the Shenzhen Stock Exchange's internet voting system [4][7] - The online voting process includes specific steps for identity verification and submission of votes [7] Contact Information - The company’s board office can be contacted for further inquiries at phone number 0662-7707236 [5]

Core Insights - Lingxiao Pump Industry reported a main revenue of 840 million yuan for the first half of 2025, representing a year-on-year increase of 11.57% [1] - The net profit attributable to shareholders reached 234 million yuan, up 7.78% year-on-year [1] - The net profit excluding non-recurring items was 223 million yuan, reflecting a 3.67% increase year-on-year [1] Financial Performance - In Q2 2025, the company achieved a single-quarter main revenue of 474 million yuan, which is a 10.64% increase compared to the same quarter last year [1] - The single-quarter net profit attributable to shareholders was 130 million yuan, marking a 5.85% year-on-year growth [1] - The single-quarter net profit excluding non-recurring items was 125 million yuan, up 2.81% year-on-year [1] Profitability Metrics - The company's debt ratio stands at 7.33% [1] - Investment income amounted to 555,700 yuan, while financial expenses were -11.96 million yuan [1] - The gross profit margin is reported at 36.49%, showing a slight decrease of 0.20% year-on-year [7] Earnings Per Share - Earnings per share (EPS) is reported at 0.65 yuan, reflecting a year-on-year increase of 6.55% [7] - The operating revenue per share is 2.35 yuan, which is an increase of 11.57% year-on-year [7] - The net asset per share is 6.14 yuan, up 4.75% year-on-year [7] Shareholder Information - The top shareholder, Shi Zongmei, holds 22.23% of the shares, followed by Wang Haibo with 9.68% [12] - The company has a diverse shareholder base, including institutional investors such as Dachen Fund Management [12]