Core Viewpoint - In 2024, the company achieved revenue of 6.744 billion yuan, a year-on-year increase of 18%, while the net profit attributable to shareholders was 359 million yuan, a year-on-year decrease of 12%. In Q1 2025, the company reported revenue of 1.636 billion yuan, a year-on-year increase of 4%, but a quarter-on-quarter decrease of 12%, with net profit attributable to shareholders at 86 million yuan, a year-on-year decrease of 29% and a quarter-on-quarter decrease of 5% [1][2]. Financial Performance - For 2024, the company reported revenue of 6.744 billion yuan, with a net profit of 359 million yuan and a non-recurring profit of 348 million yuan, reflecting a decrease of 12% and 11% year-on-year respectively [2]. - In Q4 2024, the company achieved revenue of 1.866 billion yuan, a year-on-year increase of 4% and a quarter-on-quarter increase of 8%, while net profit was 90 million yuan, a year-on-year decrease of 30% [2]. - In Q1 2025, the company reported revenue of 1.636 billion yuan, a year-on-year increase of 4% but a quarter-on-quarter decrease of 12%, with net profit at 86 million yuan, a year-on-year decrease of 29% [2]. Business Segments - The company's revenue from the energy storage and fuel vehicle segments saw significant growth in 2024, while the new energy vehicle segment faced short-term pressure due to poor sales performance and industry price competition. However, profitability is entering a recovery phase as of Q1 2025 [3][4]. - Revenue from the new energy vehicle structural components business was 3.813 billion yuan in 2024, a year-on-year increase of 4%, with a gross margin of 13.2%, down 4.2 percentage points year-on-year due to price competition and insufficient capacity utilization [3]. - The energy storage business generated revenue of 1.217 billion yuan in 2024, a year-on-year increase of 123%, with a gross margin of 16.2%, benefiting from strong demand in the energy storage industry [3]. - Revenue from the fuel vehicle structural components business was 1.190 billion yuan, a year-on-year increase of 57%, with a stable gross margin of 8.9% [3]. - The telecommunications structural components business reported revenue of 417 million yuan, a year-on-year decrease of 34%, but with an improved gross margin of 14.4% due to a strategic reduction in low-profit orders [3]. Profitability and Forecast - The company's net profit margin in Q1 2025 was 5.32%, reflecting a quarter-on-quarter increase of 0.56 percentage points, indicating a recovery in profitability [4]. - Profit forecasts for 2025 and 2026 estimate net profits of 440 million yuan and 580 million yuan, corresponding to price-to-earnings ratios of 25.7 and 19.5 times [10]. Client Base and Market Expansion - The company serves a wide range of clients, including major automotive manufacturers and energy storage companies, such as GAC Group, BYD, and Enphase Energy, covering various industries including automotive, energy storage, and telecommunications [5]. - The company is expanding its overseas operations, with a rapidly growing factory in Mexico and ongoing development in Thailand, as well as plans for new factories in Europe and North Africa to target the European electric vehicle market [6][8]. Robotics Development - The company is actively advancing its robotics business, collaborating with the Guangdong Academy of Sciences to develop humanoid robot solutions, which include various technological applications and solutions for automotive clients [9].

证券代码：002965 证券简称：祥鑫科技 公告编号：2025-031 祥鑫科技股份有限公司 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。 特别提示： 全体股东每 10 股转增 3 股，不送红股。 祥鑫科技股份有限公司（以下简称"公司"）2024 年年度权益分派方案已获 2025 年 05 月 15 日召开的 2024 年年度股东大会审议通过，现将权益分派实施事宜公告如下： 一、股东大会审议通过利润分配和资本公积金转增股本方案等情况 总股本 204,138,738 股为基数，向全体股东每 10 股派发现金红利人民币 5.35 元（含税）， 合计派发现金总额人民币 109,214,224.83 元（含税），剩余未分配利润结转以后年度； 同时以资本公积金转增股本，向全体股东每 10 股转增 3 股，合计转增 61,241,621 股， 转增后公司总股本增加至 265,380,359 股；不送红股。 股、股份回购、股权激励、再融资新增股份上市等原因而发生变化的，将按照"现金分 红总额、资本公积金转增股本总额固定不变"的原则对分配比例进行相应调整。 及其调整原则是一 ...

特别提示： 证券代码：002965 证券简称：祥鑫科技 公告编号：2025-031 祥鑫科技股份有限公司 2024 年年度权益分派实施公告 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。 1、权益分派方案：每 10 股派发现金股利人民币 5.35 元（含税），以资本公积金向 全体股东每 10 股转增 3 股，不送红股。 2、股权登记日：2025 年 05 月 28 日。 3、除权除息日：2025 年 05 月 29 日。 祥鑫科技股份有限公司（以下简称"公司"）2024 年年度权益分派方案已获 2025 年 05 月 15 日召开的 2024 年年度股东大会审议通过，现将权益分派实施事宜公告如下： 一、股东大会审议通过利润分配和资本公积金转增股本方案等情况 1、公司 2024 年度股东大会审议通过的 2024 年年度权益分派方案为：以公司现有 总股本204,138,738股为基数，向全体股东每10股派发现金红利人民币5.35元（含税）， 合计派发现金总额人民币 109,214,224.83 元（含税），剩余未分配利润结转以后年度； 同时以资本公积金转增股本，向 ...

Core Viewpoint - The A-share market has seen a significant increase in institutional research activity since May, with over 2,000 listed companies being investigated, particularly in high-end manufacturing, semiconductors, and healthcare sectors [1][2]. Group 1: Institutional Research Trends - Public fund research has accelerated, with notable interest in high-end manufacturing, semiconductors, and healthcare, highlighting a strong focus on technological breakthroughs and policy benefits [2][3]. - The top three public funds conducting research are Bosera Fund with 51 instances, followed by Fortune Fund and Penghua Fund with 49 and 46 instances respectively, indicating a trend of high-frequency research to identify quality targets [3]. - The research frequency in high-end manufacturing, semiconductor equipment, and innovative pharmaceuticals accounts for over 60% of total investigations, reflecting a structural preference among institutional investors [3][4]. Group 2: Sector Focus - The computer, communication, and other electronic equipment manufacturing sectors lead with over 34 companies being researched, focusing on semiconductor materials, consumer electronics, and industrial automation [4]. - The healthcare manufacturing sector follows with 23 companies under investigation, with firms like BeiGene and Sunlight Nuohe gaining attention due to innovative drug development and recovery in medical consumption [4]. - Specific companies such as BeiGene-U, Anji Technology, and Hengerd have received the highest attention from institutions, with 256, 241, and 234 institutions respectively conducting research on them [4]. Group 3: Overseas Market and Tariff Impact - Fund managers are particularly focused on companies' overseas market strategies and the impact of US-China tariffs, with firms like Shenzhen South Circuit revealing significant investments in Thailand to enhance global supply chain capabilities [5]. - The expectation of a recovery in market sentiment regarding US-China trade tensions is influencing investment strategies, with a focus on self-sufficiency and domestic demand-driven opportunities [5][6]. Group 4: Investment Outlook - The current market environment is seen as a critical transition period for asset allocation, with expectations of gradual strengthening in the stock market despite potential volatility [7]. - There is a growing interest in "safe" assets such as military, gold, and rare earths, alongside technology sectors represented by AI and high-end manufacturing, as key investment themes moving forward [7].

Core Viewpoint - The integrated die-casting concept has shown a positive performance with a 2.15% increase, ranking fifth among concept sectors, indicating strong investor interest and potential growth in this area [1][2]. Group 1: Market Performance - As of May 16, the integrated die-casting sector saw 41 stocks rise, with notable performers including Spring Precision Engineering and Mingke Technology reaching their daily limit up [1]. - The top gainers in the sector included Yian Technology, which increased by 14.40%, Rongtai Co., which rose by 6.69%, and Dongfeng Technology, which saw a 5.22% increase [1][2]. - Conversely, the sector also experienced declines, with Anche Detection, Yongmaotai, and Sanxiang New Materials falling by 2.81%, 1.82%, and 0.50% respectively [1]. Group 2: Capital Flow - The integrated die-casting sector attracted a net inflow of 9.64 billion yuan from major funds, with 25 stocks receiving net inflows [2][3]. - Yian Technology led the net inflow with 3.84 billion yuan, followed by Spring Precision Engineering with 3.74 billion yuan, and Top Group with 1.13 billion yuan [2]. - The net inflow ratios for leading stocks were significant, with Spring Precision Engineering at 39.92%, Mingke Technology at 39.04%, and Yian Technology at 16.89% [3]. Group 3: Stock Performance Metrics - The stock performance metrics for key players in the integrated die-casting sector showed that Yian Technology had a daily increase of 14.40% with a turnover rate of 26.26% [3]. - Spring Precision Engineering also performed well with a 10.06% increase and a turnover rate of 16.78% [3]. - Other notable stocks included Top Group with a 2.29% increase and a turnover rate of 2.02%, and Mingke Technology with a 10.00% increase and a turnover rate of 11.18% [3][4].

Group 1 - The company plans to postpone the election of the fifth board of directors and supervisory board to ensure continuity and stability in operations [1][2] - The current term of the fourth board and supervisory board will expire on May 23, 2025, and preparations for the election are ongoing [1][2] - The postponement will not affect the normal operations of the company, and the current members will continue to fulfill their duties [2] Group 2 - The company completed the registration change regarding its registered capital on February 17, 2025, and has obtained a new business license [4][5] - The registered capital changed from RMB 204,220,638 to RMB 204,138,738 [4] - The change was approved in the first extraordinary general meeting of shareholders held on March 6, 2025 [4] Group 3 - The annual general meeting of shareholders was held on May 15, 2025, with a total of 272 shareholders present, representing 39.4330% of the voting rights [13] - All resolutions proposed during the meeting were approved without any dissent [7][8] - The meeting included the approval of the 2024 annual report and the appointment of the auditing firm for 2025 [21][24]

祥鑫科技股份有限公司 证券代码：002965 证券简称：祥鑫科技 公告编号：2025-030 在换届选举工作完成前，公司第四届董事会和监事会全体成员、董事会各专门委员 会成员及高级管理人员将依照相关法律法规以及《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》和《公司章程》 等有关规定，继续履行董事、监事及高级管理人员的职责和义务。公司董事会、监事会 延期换届不会影响公司的正常运营。公司将尽快推进相关工作进程，并及时履行信息披 露义务。 特此公告。 祥鑫科技股份有限公司董事会 2025 年 05 月 15 日 关于董事会、监事会延期换届的提示性公告 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。 祥鑫科技股份有限公司（以下简称"公司"）第四届董事会、监事会任期将于 2025 年 05 月 23 日届满。根据新修订的《中华人民共和国公司法》（以下简称"公司法"）《上 市公司章程指引》及《关于新<公司法>配套制度规则实施相关过渡期安排》等要求，公 司拟修订《公司章程》等相关制度并进行换届选举。目前，公司换届选举工作 ...

证券代码：002965 证券简称：祥鑫科技 公告编号：2025-029 祥鑫科技股份有限公司 关于公司完成变更登记的公告 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。 祥鑫科技股份有限公司(以下简称"公司")于 2025 年 02 月 17 日召开第四届董事 会第三十三次会议和第四届监事会第三十三次会议，审议通过了《关于变更公司注册资 本暨修订<公司章程>的议案》，结合公司总股本变动情况，对公司注册资本进行相应变 更，并对《公司章程》相关内容进行修订，具体内容详见公司于 2025 年 02 月 19 日在 巨潮资讯网（www.cninfo.com.cn）披露的《公司章程（2025 年 02 月修订）》和《关于 变更公司注册资本暨修订<公司章程>的公告》（公告编号：2025-007）。该事项已经公司 2025 年 03 月 06 日召开的 2025 年第一次临时股东大会审议通过。 近日，公司已完成上述事项的变更登记及备案手续，并取得了由东莞市市场监督管 理局核发的新《营业执照》，具体信息如下： 一、本次营业执照变更内容 变更前注册资本：人民币贰亿零肆佰贰拾万零 ...

证券代码：002965 证券简称：祥鑫科技 公告编号：2025-028 一、会议召开的情况 1、召开时间： 祥鑫科技股份有限公司 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。 特别提示： 1、本次股东大会未出现否决议案的情形。 2、本次股东大会不涉及变更前次股东大会决议的情形。 （1）现场会议召开时间：2025 年 05 月 15 日 15:00。 （2）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时间为 2025 年 05 月 15 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 网投票系统投票的具体时间为 2025 年 05 月 15 日上午 9:15 至下午 15:00 期间的任意时间。 2、召开地点：广东省东莞市长安镇长安建安路 893 号办公楼三楼会议室。 3、召开方式：本次股东大会采取现场投票与网络投票相结合的方式。 4、召集人：公司董事会。 5、主持人：公司董事长陈荣先生。 6、本次会议符合有关法律、行政法规、部门规章、规范性文件和公司章程的规定 ...

北京市环球（深圳）律师事务所 关于 之 法律意见书 北京市环球（深圳）律师事务所 关于 祥鑫科技股份有限公司 2024 年年度股东大会 祥鑫科技股份有限公司 2024 年年度股东大会 之 法律意见书 GLO2025SZ（法）字第 0567 号 致：祥鑫科技股份有限公司 北京市环球（深圳）律师事务所（下称"本所"）受祥鑫科技股份有限公司 （下称"公司"）的委托，根据《中华人民共和国公司法》（下称"《公司法》"）、 《上市公司股东会规则》（下称"《股东会规则》"）等法律、法规、规章及《祥 鑫科技股份有限公司章程》（下称"《公司章程》"）的有关规定，指派律师列 席公司 2024 年年度股东大会（下称"本次股东大会"或"本次会议"），并就 本次股东大会有关事宜发表法律意见。 本法律意见书仅就本次股东大会的召集和召开程序、出席本次股东大会人员 的资格、召集人资格、会议表决程序是否符合中国相关法律、法规及《公司章程》 的规定以及表决结果是否合法有效发表意见，并不对本次股东大会所审议的议案 内容以及该等议案所表述的相关事实或数据的真实性、准确性或合法性发表意见。 本法律意见书仅供见证本次股东大会相关事项合法性之目的而使用， ...