证券代码：002884 证券简称：凌霄泵业 公告编号：2025-043 广东凌霄泵业股份有限公司 2025 年第一次临时股东会决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1、本次股东会未出现否决提案的情形。 2、本次股东会未涉及变更以往股东会已通过的决议。 5、会议的召开方式：现场召开与网络投票相结合的方式 3、为尊重中小投资者利益，本次股东会所提议案均对中小投资者的表决单 独计票。 一、会议召开和出席情况 （一）会议召开情况 1、会议召集人：公司董事会 2、会议时间 现场会议时间：2025 年 9 月 16 日（星期二）下午 14:50 开始 网络投票时间：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 9 月 16 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进行网络投票的具体时间为：2025年9月16日 9:15-15:00。 3、会议主持人：董事长王海波先生 4、现场会议召开地点：阳春市春城镇春江大道 117 号公司会议室 6、本次会议的 ...

北京大成（广州）律师事务所 关于广东凌霄泵业股份有限公司 2025 年第一次临时股东会的 法律意见书 guangzhou.dachenglaw.com 广州市天河区珠江新城珠江东路 6 号广州周大福金融中心 14 层、15 层（510623） 14/F,15/F CTF Finance Centre No 6 Zhujiang East Road Tianhe District 510623, Guangzhou, China Tel:+8620-85277000 Fax:+8620-85277002 北京大成（广州）律师事务所 广州市天河区珠江新城珠江东路 6 号 广州周大福金融中心 14-15 层 北京大成（广州）律师事务所 关于广东凌霄泵业股份有限公司 2025 年第一次临时股东会的法律意见书 北京大成（广州）律师事务所 广州市天河区珠江新城珠江东路 6 号 广州周大福金融中心 14-15 层 一、本次股东会的召集、召开的程序 （一）本次股东会的召集程序 致：广东凌霄泵业股份有限公司 根据《中华人民共和国证券法》（以下简称"《证券法》"）、《中华人民共 和国公司法》（以下简称"《公司法》"）和中国证券监 ...

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].