Group 1 - The company announced the election of Mr. Dong Jianggang as the chairman of the fourth board of directors during its first meeting [1]

证券代码：002931 证券简称：锋龙股份 公告编号：2025-083 2、本次股东大会不涉及变更前次股东大会决议的情况。 二、会议召开情况 （一）会议召开时间 （1）现场会议：2025 年 10 月 29 日下午 14:00； 浙江锋龙电气股份有限公司 2025 年第二次临时股东大会决议公告 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、误导性陈述或重大遗漏。 一、特别提示 1、本次股东大会上无否决、修改或增加新提议案的情况； （2）网络投票：2025 年 10 月 29 日，其中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 10 月 29 日上午 9:15—9:25，9:30—11:30 和 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 10 月 29 日上午 9:15—下午 15:00 期间的任意时间。 （二）现场会议召开地点：浙江省绍兴市上虞区曹娥街道永盛路 99 号浙江 锋龙电气股份有限公司一楼会议室 （三）会议召集人 浙江锋龙电气股份有限公司董事会 （四）投票方式 本次会议采取现场投票与网络投票相结 ...

证券代码：002931 证券简称：锋龙股份 公告编号：2025-084 浙江锋龙电气股份有限公司 第四届董事会第一次会议决议公告 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、误导性陈述或重大遗漏。 一、董事会会议召开情况 浙江锋龙电气股份有限公司（以下简称"公司"）第三届董事会第二十八 次会议于 2025 年 10 月 29 日在浙江省绍兴市上虞区曹娥街道永盛路 99 号浙江锋 龙电气股份有限公司一楼会议室以现场方式召开和表决。公司于当日召开了公司 2025 年第二次临时股东大会，顺利换届选举产生了公司第四届董事会。为保证 公司新一届董事会工作的正常进行，经全体董事同意豁免本次会议通知时间的要 求，会议通知于现场发出。本次会议应出席董事 7 名，实际出席董事 7 名。本次 会议推举公司董事董剑刚先生主持，公司高级管理人员列席了会议。本次会议的 召集、召开符合《中华人民共和国公司法》和《公司章程》的规定，会议决议合 法有效。 二、董事会会议审议情况 为提高决策效率、保证公司新一届董事会工作的正常进行，同意豁免本次会 议需提前五日发出通知的通知期限，并确认对本次会议的召开时间、地点、 ...

法律意见书 浙江天册律师事务所 关于 浙江锋龙电气股份有限公司 2025 年第二次临时股东大会的 法律意见书 浙江省杭州市杭大路 1 号黄龙世纪广场 A 座 11 楼 310007 电话：0571-87901111 传真：0571-87901500 法律意见书 浙江天册律师事务所 关于 浙江锋龙电气股份有限公司 2025 年第二次临时股东大会的 法律意见书 编号：TCYJS2025H1780 致：浙江锋龙电气股份有限公司 浙江天册律师事务所（以下简称"本所"）接受浙江锋龙电气股份有限公司 （以下简称"锋龙股份"或"公司"）的委托，指派本所律师参加贵公司 2025 年第二次临时股东大会，并根据《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》"）、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》"）等法 律、法规和其他有关规范性文件的要求出具本法律意见书。 在本法律意见书中，本所律师仅对本次股东大会召集、召开程序、出席人员 的资格、召集人的资格、表决程序及表决结果的合法有效性发表意见，不对会议 所审议的议案内容和该等议案中所表述的事实或数 ...

证券代码：002931 证券简称：锋龙股份 公告编号：2025-085 浙江锋龙电气股份有限公司 关于董事会完成换届选举及聘任高级管理人员、内部审计负 责人、证券事务代表的公告 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。 浙江锋龙电气股份有限公司（以下简称"公司"）根据《中华人民共和国 公司法》《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 1 号——主板上市公司规范运作》等相关法律法规及《公司章程》的有关 规定于 2025 年 10 月 29 日召开的 2025 年第二次临时股东大会审议通过了《关于 公司董事会换届选举非独立董事的议案》以及《关于公司董事会换届选举独立董 事的议案》，选举董剑刚先生、夏焕强先生、王思远先生、董思雨女士四人为公 司第四届董事会非独立董事，选举陈敏先生、王帆女士、杭丽君女士三人为公司 第四届董事会独立董事, 共同组成公司第四届董事会，任期为自 2025 年第二次 临时股东大会通过之日起三年。 同日，公司召开了第四届董事会第一次会议，选举董剑刚先生为公司第四 届董事会董事长，选举产生公司第四届董事会专门委 ...

Quantitative Factors and Construction Methods - **Factor Name**: Large Buy Order Transaction Amount Ratio **Construction Idea**: This factor captures the buying behavior of large funds by analyzing the proportion of large buy orders in the total transaction amount for a given day[8] **Construction Process**: 1. Utilize tick-by-tick transaction data to identify buy and sell orders based on bid and ask sequence numbers[8] 2. Filter transactions by volume to identify large orders[8] 3. Calculate the proportion of large buy order transaction amounts to the total transaction amount for the day[8] **Evaluation**: This factor effectively reflects the behavior of large funds in the market[8] - **Factor Name**: Net Active Buy Transaction Amount Ratio **Construction Idea**: This factor measures the active buying behavior of investors by calculating the net active buy transaction amount as a proportion of the total transaction amount for a given day[8] **Construction Process**: 1. Use tick-by-tick transaction data to classify each transaction as either active buy or active sell based on the buy/sell flag[8] 2. Subtract the active sell transaction amount from the active buy transaction amount to obtain the net active buy transaction amount[8] 3. Calculate the proportion of net active buy transaction amount to the total transaction amount for the day[8] **Evaluation**: This factor effectively captures the active buying behavior of investors in the market[8] --- Factor Backtesting Results Large Buy Order Transaction Amount Ratio - **Top 10 Stocks (20251020-20251024)**: 1. Stone Machinery (000852.SZ): 88.4%, 99.2% time-series percentile[10] 2. ShenKai Shares (002278.SZ): 87.0%, 100.0% time-series percentile[10] 3. Oriental Garden (002310.SZ): 86.4%, 96.7% time-series percentile[10] 4. Wuhan Holdings (600168.SH): 86.1%, 97.1% time-series percentile[10] 5. Guangtian Group (002482.SZ): 85.5%, 91.4% time-series percentile[10] 6. Zhengbang Technology (002157.SZ): 85.4%, 99.2% time-series percentile[10] 7. Oriental Electric Heating (300217.SZ): 85.4%, 97.5% time-series percentile[10] 8. Nengte Technology (002102.SZ): 85.3%, 83.6% time-series percentile[10] 9. Xianfeng Holdings (002141.SZ): 85.3%, 97.5% time-series percentile[10] 10. Qingsong Jianhua (600425.SH): 85.1%, 93.4% time-series percentile[10] Net Active Buy Transaction Amount Ratio - **Top 10 Stocks (20251020-20251024)**: 1. Tangshan Port (601000.SH): 20.7%, 97.1% time-series percentile[11] 2. Changqing Shares (603768.SH): 17.0%, 100.0% time-series percentile[11] 3. Shuangyuan Technology (688623.SH): 16.3%, 99.6% time-series percentile[11] 4. Guotou Power (600886.SH): 16.3%, 98.0% time-series percentile[11] 5. Fenglong Shares (002931.SZ): 16.0%, 100.0% time-series percentile[11] 6. Gongdong Medical (605369.SH): 14.9%, 99.2% time-series percentile[11] 7. Zhaoxun Media (301102.SZ): 14.8%, 100.0% time-series percentile[11] 8. Fantuo Digital Creation (301313.SZ): 14.6%, 100.0% time-series percentile[11] 9. Huali Group (300979.SZ): 14.6%, 99.6% time-series percentile[11] --- Broad Index Backtesting Results - **Large Buy Order Transaction Amount Ratio (20251020-20251024)**: 1. Shanghai Composite Index: 75.2%, 61.5% time-series percentile[13] 2. SSE 50: 73.9%, 23.0% time-series percentile[13] 3. CSI 300: 75.5%, 77.9% time-series percentile[13] 4. CSI 500: 76.0%, 68.4% time-series percentile[13] 5. ChiNext Index: 75.2%, 76.6% time-series percentile[13] - **Net Active Buy Transaction Amount Ratio (20251020-20251024)**: 1. Shanghai Composite Index: -0.8%, 78.7% time-series percentile[13] 2. SSE 50: 3.3%, 96.3% time-series percentile[13] 3. CSI 300: 2.3%, 95.1% time-series percentile[13] 4. CSI 500: 0.8%, 86.9% time-series percentile[13] 5. ChiNext Index: 5.3%, 100.0% time-series percentile[13] --- Industry Backtesting Results - **Large Buy Order Transaction Amount Ratio (20251020-20251024)**: 1. Banking: 80.7%, 91.0% time-series percentile[14] 2. Steel: 79.5%, 3.3% time-series percentile[14] 3. Non-Banking Finance: 79.2%, 33.2% time-series percentile[14] 4. Comprehensive: 79.1%, 35.7% time-series percentile[14] 5. Real Estate: 78.7%, 34.0% time-series percentile[14] - **Net Active Buy Transaction Amount Ratio (20251020-20251024)**: 1. Electronics: 8.0%, 74.2% time-series percentile[14] 2. Communication: 7.4%, 96.3% time-series percentile[14] 3. National Defense and Military Industry: 3.5%, 35.7% time-series percentile[14] 4. Computers: 2.6%, 89.3% time-series percentile[14] 5. Automobiles: 2.6%, 60.2% time-series percentile[14] --- ETF Backtesting Results - **Large Buy Order Transaction Amount Ratio (20251020-20251024)**: 1. Bosera China Education ETF: 91.2%, 100.0% time-series percentile[16] 2. Huaxia Growth ETF: 90.5%, 97.1% time-series percentile[16] 3. Fortune Shanghai Composite ETF: 90.0%, 94.7% time-series percentile[16] 4. Fortune Tourism Theme ETF: 89.6%, 97.5% time-series percentile[16] 5. Guotai Shanghai Composite ETF: 89.3%, 92.2% time-series percentile[16] - **Net Active Buy Transaction Amount Ratio (20251020-20251024)**: 1. Bosera Chip ETF: 15.6%, 93.0% time-series percentile[17] 2. E Fund Dividend ETF: 15.2%, 94.3% time-series percentile[17] 3. Huatai-PineBridge 2000 ETF: 15.0%, 100.0% time-series percentile[17] 4. Tianhong Growth ETF: 13.7%, 82.4% time-series percentile[17] 5. Huaxia Sci-Tech ETF: 13.6%, 91.4% time-series percentile[17]

Core Points - The company, Fenglong Co., announced the approval of the election of non-independent and independent directors at the 18th meeting of the third board of directors, scheduled for October 10, 2025 [1] - Four candidates for non-independent directors have been nominated: Dong Jianggang, Xia Huanqiang, Wang Siyuan, and Dong Siyu [1] - Three candidates for independent directors have been nominated: Chen Min, Wang Fan, and Hang Lijun, with a term of three years starting from the approval date by the shareholders' meeting [1] - Wang Fan is noted as a professional accountant, and all independent director candidates have completed training recognized by the Shenzhen Stock Exchange [1]

Core Viewpoint - Zhejiang Fenglong Electric Co., Ltd. announced a change in registered capital due to the conversion of "Fenglong Convertible Bonds," which requires amendments to the company's articles of association and related rules [1][2]. Summary by Sections Reason for Capital Change - The company issued 2.45 billion yuan worth of convertible bonds on January 8, 2021, with a conversion period from July 14, 2021, to January 7, 2027. The bonds were redeemed early on March 4, 2025, leading to an increase in total shares from 199,091,200 to 218,505,856, resulting in an increase of 19,414,656 shares [2]. Amendments to Articles of Association and Related Rules - The company revised its articles of association to reflect the new registered capital of 218,505,856 yuan and the total shares of 218,505,856. The term "shareholders' meeting" was standardized, and the supervisory board's powers were transferred to the audit committee, leading to the abolition of the supervisory meeting rules. The revisions also included non-substantive changes such as adjustments to chapter titles and clause numbers [3]. - The company seeks authorization from the shareholders' meeting to handle the business registration changes and amendments to the articles of association, with the authorization valid until the completion of the matters [3].

Company Overview - Fenglong Co., Ltd. (SZ 002931) announced its board meeting held on October 10, 2025, to discuss the revision of certain company policies [1] - As of the report, Fenglong's market capitalization is 3.5 billion yuan [1] Revenue Composition - For the first half of 2025, the revenue breakdown is as follows: - Garden machinery industry: 36.83% - Hydraulic components industry: 28.89% - Automotive components industry: 23.3% - Other business revenue: 10.98% [1]

浙 江 锋 龙 电 气 股 份 有 限 公 司 对 外 投 资 管 理 制 度 浙江锋龙电气股份有限公司 对外投资管理制度 第一章 总则 第一条 为规范浙江锋龙电气股份有限公司（以下简称 "公司"）对外投资 行为，健全投资决策程序，有效防范对外投资风险，提高对外投资的效益，保障 公司和股东的利益，根据《中华人民共和国公司法》《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 1 号——主板上市公司规范运作》 等有关法律、行政法规、规范性文件，以及《浙江锋龙电气股份有限公司章程》（以 下简称"《公司章程》"）的相关规定，结合本公司的实际情况，特制定本制度。 第二条 本制度所指的对外投资是指公司为获得投资收益、分散经营风险而 以购买债券等有价证券方式，或以一定数量的货币资金、股权，以及经评估后的 实物或无形资产作价出资，对外进行各种形式的投资活动。 第三条 公司对外投资应遵循的原则：符合公司中长期发展规划和主营业务 发展的要求、优化配置企业资源、控制投资风险、注重投资效益。 第四条 本制度适用于公司及公司所属全资子公司、控股子公司（以下统称 "子公司"）的一切对外投资行为管理。 第二章 决策范 ...