Core Viewpoint - Jinshi Technology (002951) held its annual shareholder meeting on May 27, 2024, marking its first interaction with investors after the recent removal of its delisting risk, with a focus on its energy storage business and financial recovery efforts [1][4]. Financial Performance - In 2024, Jinshi Technology achieved operating revenue of 376 million yuan, a year-on-year increase of 1008.39%, while net profit was -4.397 million yuan, significantly reducing losses compared to -44.5714 million yuan in 2023 [4]. - The company's energy storage equipment revenue reached 258 million yuan, accounting for 68.70% of total revenue, while revenue from energy storage safety solutions was 114 million yuan, making up 30.24% [4]. Business Strategy and Development - Jinshi Technology is undergoing a strategic transformation from its origins in cigarette packaging to focus on new energy and materials, particularly in energy storage and new material technology [4]. - The energy storage business includes the research, production, and sales of energy storage systems, with products such as distributed liquid-cooled and air-cooled energy storage units [4]. Market Outlook and Challenges - The company reported a stable progress in its energy storage business, with a backlog of orders amounting to approximately 332 million yuan and an additional 308 million yuan in potential orders [5]. - Despite the positive outlook, the company faces challenges such as low gross margins due to high fixed asset depreciation and increased R&D investments [1][5]. Product Development - The company is actively working on its supercapacitor project, with internal usage already initiated and market readiness being awaited [6]. - The R&D of super activated carbon is ongoing, with the product showing promising performance in meeting industry standards [7]. Future Plans - Jinshi Technology aims to enhance its technological capabilities and expand application areas, particularly in data center energy storage solutions [5]. - The company is open to financial investments and cautious about mergers and acquisitions, emphasizing the need for business synergy [8].

国浩律师（成都）事务所 网址/Website: http://www.grandall.com.cn 关于 四川金时科技股份有限公司 2024 年年度股东大会 之 法律意见书 成都市高新区天府二街 269 号无国界 26 号楼 9 层 邮编：610000 Floor 9,Building 26,Boundary-Free Land Center,269 Tianfu 2 Street,Hi-Tech Zone,Chengdu, China 电话/Tel: +86 28 86119970 传真/Fax: +86 28 86119827 国浩律师（成都）事务所 法律意见书 国浩律师（成都）事务所 关于四川金时科技股份有限公司 2024 年年度股东大会之法律意见书 致：四川金时科技股份有限公司 国浩律师（成都）事务所（以下简称"本所"）接受四川金时科技股份有限 公司（以下简称"公司"）的委托，指派刘小进律师、李伟律师（以下简称"本 所律师"）出席公司 2024 年年度股东大会（以下简称"本次股东大会"或"本次 会议"），对本次股东大会的合法性进行见证。本所律师根据《中华人民共和国 公司法》（以下简称"《公司法》"） ...

证券代码：002951 证券简称：金时科技 公告编号：2025-036 四川金时科技股份有限公司 2024年年度股东大会决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整、没有虚假 记载、误导性陈述或重大遗漏。 特别提示 1、本次股东大会无增加、变更、否决提案的情况。 2、本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 1、现场会议时间：2025 年 5 月 27 日（星期二）14:00 2、网络投票时间：2025 年 5 月 27 日 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 5 月 27 日上 午 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投票的具体时间为：2025 年 5 月 27 日上午 9:15 至 2025 年 5 月 27 日下午 15:00 期间的任意时间。 （二）会议出席情况 1、出席会议的总体情况 通过现场和网络投票的股东 77 人，代表股份 338,776,356 股，占公司有表决权 股份总数的 84.6929％。 2、现场会议出席情况 通过现场投票的股东 1 ...

四川金时科技股份有限公司 关于召开2024年年度股东大会通知的提示性公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整、没有虚假 记载、误导性陈述或重大遗漏。 四川金时科技股份有限公司（以下简称"公司"）于 2025 年 4 月 25 日召开第三 届董事会第十四次会议，定于 2025 年 5 月 27 日（星期二）召开公司 2024 年年度股东 大会，公司于 2025 年 4 月 28 日发布了《年度股东大会通知》（编号：2025-026）。 本次股东大会将采用现场表决与网络投票相结合的方式，2024 年度股东大会的提 示性公告如下： 一、召开会议的基本情况 1、会议届次：2024 年年度股东大会 2、会议召集人：公司第三届董事会 3、会议召开的合法、合规性：经本公司第三届董事会第十四次会议审议通过，决 定召开 2024 年年度股东大会，召集程序符合有关法律、行政法规、部门规章、规范性 文件和《公司章程》的规定。 证券代码：002951 证券简称：金时科技 公告编号：2025-035 网络投票：公司将通过深圳证券交易所交易系统（以下简称"交易系统"）和互 联网投票系统（以下简称"互联网投票系统"） ...

Group 1 - Qingmu Technology plans to reduce its shareholding by up to 3%, amounting to no more than 2.776 million shares [1] - Newcap received a decision from the police to revoke the case against its actual controller, who was previously detained for insider trading [2] - Rhine Biotech's directors and executives plan to collectively reduce their holdings by up to 0.14%, totaling no more than 1.0185 million shares [3] Group 2 - Puli Tui's stock and convertible bonds will be delisted on May 22, 2025 [5] - *ST Nong Shang will have its delisting risk warning lifted and will resume trading on May 23, 2025 [7] - State Grid Information Communication plans to acquire 100% equity of Yili Technology for approximately 1.853 billion yuan [9] Group 3 - Kelun Pharmaceutical's subsidiary received drug registration approval for a new injectable product, which is the first of its kind in China [10] - Aishida plans to acquire 7% equity of its subsidiary Zhejiang Qianjiang Robot Co., Ltd. for 13.09 million yuan [11] - Hongming Co. is planning to acquire 83% equity of Shenzhen Chisu Automation Equipment Co., Ltd. for approximately 151 million yuan [12] Group 4 - JuJiao Co. plans to reduce its shareholding by up to 2.6%, totaling no more than 2.093 million shares [14] - AVIC Financial's stock will be delisted on May 27, 2025 [16] - Jingwang Electronics' major shareholders plan to reduce their holdings by up to 2.99% [17] Group 5 - Huaren Health intends to acquire stakes in three pharmaceutical chain companies for a total of 327 million yuan [18] - Huanrui Century's original shareholders are required to compensate for unfulfilled performance commitments with 116 million shares [20] - Tefa Service's shareholders plan to reduce their holdings by up to 3% [21] Group 6 - Maipu Medical is planning to acquire at least 51% of Easy Medical's equity, which will constitute a major asset restructuring [22] - *ST Jinshi will have its delisting risk warning lifted and its stock will resume trading on May 23, 2025 [22] - Guoke Micro is planning a major asset restructuring and will suspend trading [23] Group 7 - Defu Technology intends to acquire 100% equity of an overseas electronic circuit copper foil company [24] - Xince Standard's shareholder plans to reduce its holdings by up to 1% [25] - Xiouqiang Co. plans to reduce its holdings by up to 3% [27]

Summary of Key Points Core Insights - The report highlights various companies undergoing temporary trading suspensions due to different reasons, including risk warnings and asset acquisition plans [2][3][5]. Company Specifics - *ST Jinshi (002951)* has announced a trading suspension for one day due to the cancellation of delisting risk warnings [2]. - In the case of *ST Nongsang (300536)*, a one-day trading suspension is also in effect due to similar delisting risk warnings [2]. - *ST Gongzhi (000584)* and *ST Hengli (000622)* are facing trading suspensions due to potential termination of listing and failure to disclose periodic reports within the legal timeframe [3]. - *Yunnan Copper (000878)* is undergoing a trading suspension as it plans to issue shares for asset acquisition [3]. Industry Context - The report indicates a trend of trading suspensions across various sectors, reflecting ongoing regulatory scrutiny and market volatility [2][3][5]. - The temporary suspensions are primarily aimed at protecting investor interests amid significant corporate developments [2][3].

Core Viewpoint - Sichuan Jinshi Technology Co., Ltd. has successfully reversed its financial difficulties and removed the delisting risk warning, indicating a positive transformation through strategic adjustments and operational improvements [1][3]. Company Overview - The company announced the removal of the delisting risk warning effective May 23, 2025, with its stock name changing from "*ST Jinshi" to "Jinshi Technology" [1]. - The stock trading price limit has increased from 5% to 10% following the removal of the risk warning [1]. Financial Performance - In the 2024 fiscal year, the company reported a total revenue of 376 million yuan, a year-on-year increase of 1008.39%, while the net profit attributable to shareholders was -4 million yuan, a reduction in losses by 90.13% [4]. - The company’s revenue from the energy storage system business reached approximately 358 million yuan in 2024, contributing nearly 70% of the total revenue [4]. - In the first quarter of 2025, the company achieved a revenue of 39.5 million yuan, a year-on-year increase of 560.65%, with a net profit of -25.3 million yuan [4]. Strategic Actions - The company has taken significant steps to enhance its operational capabilities, including the divestiture of its subsidiary, Jinshi Printing, for 300 million yuan, and the establishment of multiple production lines for energy storage systems [3]. - The strategic focus on energy storage and related products has been pivotal in mitigating revenue declines from traditional business segments [4]. Market Position - As of May 21, 2025, the stock price was reported at 8.81 yuan per share, with a total market capitalization of 3.568 billion yuan [5].

Core Viewpoint - *ST Jinshi is set to have its delisting risk warning and other risk warnings removed starting May 23, 2025, with its stock name changing from "*ST Jinshi" to "Jinshi Technology" [1] Group 1: Financial Performance - In 2024, *ST Jinshi reported a total profit of 3.4933 million yuan, a net loss of 16.2248 million yuan, and a net profit attributable to shareholders of -4.397 million yuan, with a revenue of 370 million yuan [3] - The company plans to sell its 100% stake in Jinshi Printing to an affiliate for 300 million yuan, completing the divestiture by December 31, 2024 [3] - As of December 31, 2024, *ST Jinshi achieved revenue of 258 million yuan from its energy storage systems and 12 million yuan from energy storage safety systems [3] Group 2: Business Transformation - Following a strategic transformation, *ST Jinshi has established multiple production lines for supercapacitors and energy storage systems, indicating a recovery in operational capacity [3] - The company has approximately 332 million yuan in orders for energy storage systems and 27.27 million yuan in orders for energy storage safety systems [4] - The increase in revenue without profit in 2024 and Q1 2025 is attributed to the early-stage nature of the energy storage business, lower gross margins compared to peers, and increased expenses for market penetration and brand establishment [4] Group 3: Industry Context - The energy storage business of *ST Jinshi aligns with industry trends, and the company asserts that its revenue recognition practices are commercially reasonable and consistent with industry norms [4] - Other companies, such as *ST Nongshang, are also experiencing similar conditions, with their revenue and net asset figures meeting the criteria for the removal of delisting risk warnings [4][6]

Market Overview - The U.S. stock market experienced a significant decline, with all three major indices posting their largest drop in a month. The Dow Jones fell by 1.91%, the Nasdaq decreased by 1.41%, and the S&P 500 dropped by 1.61% [3] - Major technology stocks also saw declines, with Tesla and Apple each dropping over 2%, while Microsoft, Amazon, and Nvidia fell more than 1%. In contrast, Google saw an increase of nearly 3% [3] Economic Indicators - The yield on the 30-year Treasury bond rose to 5.09%, while the yield on the benchmark 10-year Treasury increased by 11.5 basis points to 4.59%. The 2-year Treasury yield also rose by 4.7 basis points to 4.01%, indicating a close relationship with interest rate expectations [3] Policy Measures - A joint announcement from several Chinese financial regulatory bodies outlined 23 measures to support financing for small and micro enterprises, focusing on increasing financing supply, reducing costs, and improving efficiency [4] - The Shanghai government released a special action plan to boost consumption, emphasizing the integration of advanced technologies like AI and big data into consumer sectors [5] Corporate Actions - Guokai Micro announced plans to acquire assets through a combination of stock issuance and cash payment, focusing on semiconductor wafer foundry and customized chip manufacturing, which is expected to constitute a major asset restructuring [7] - Vanke A signed a borrowing agreement with Shenzhen Metro Group for up to 4.2 billion yuan, using up to 6 billion yuan worth of stock as collateral [8] - Myp Medical is planning to acquire at least 51% of Easy Medical, which is expected to constitute a major asset restructuring [10] - Hongming Co. is planning to purchase 83% of Shenzhen Chisu Automation Equipment for an estimated 151 million yuan, which will also constitute a major asset restructuring [12]

Group 1 - The State Financial Supervision Administration and seven other departments issued measures to support financing for small and micro enterprises, emphasizing the establishment of a coordination mechanism for financing support [1] - The measures include conducting extensive visits to small and micro enterprises to assess their operational status and financing needs, facilitating direct access to bank credit [1] - There is a focus on addressing the operational difficulties faced by small and micro enterprises and encouraging support for key sectors such as foreign trade, private enterprises, technology, and consumption [1] Group 2 - In May 2025, a total of 130 domestic online games were approved by the National Press and Publication Administration [2] Group 3 - The State Council announced the removal of Wang Jianjun from the position of Vice Chairman of the China Securities Regulatory Commission [3] Group 4 - The Shanghai Municipal Government issued a plan to boost consumption, which includes measures to promote reasonable income growth and improve wage distribution mechanisms [4] - The plan aims to enhance the minimum wage adjustment mechanism and support the development of the rural economy and new business models [4] Group 5 - Shanghai is accelerating the introduction of childcare subsidies and maternity social security subsidies as part of its efforts to build a family-friendly society [5] - The city plans to explore increasing parental leave and spouse's paternity leave while enhancing the quality of public kindergartens [5] Group 6 - The Ministry of Foreign Affairs stated that China has the capability and confidence to handle external risks, including tariff wars, as evidenced by a 2.4% year-on-year increase in total goods import and export in the first four months of the year [6] - Exports grew by 7.5%, indicating strong international competitiveness despite high tariff barriers [6] Group 7 - The Ministry of Foreign Affairs expressed strong opposition to the EU's unilateral sanctions against Chinese companies, emphasizing the need for fair trade practices [8] - The ministry highlighted that normal business interactions between Chinese and Russian companies should not be disrupted by these sanctions [8] Group 8 - The Dalian Commodity Exchange announced trading arrangements for the Dragon Boat Festival period, with a market closure from May 31 to June 2, 2025, and a return to normal trading on June 3 [9] Group 9 - Heng Rui Pharmaceutical set the issuance price for its H-shares at HKD 44.05 per share [11] - Xinyuan Technology plans to issue H-shares and list on the Hong Kong Stock Exchange [11] - The company Guokai Microelectronics is planning a major asset restructuring, leading to a suspension of its stock from May 22 [11]