| 式）； | | 的除外； | | --- | --- | --- | | | | | | （四）关联人向上市公司提供资金，利率 | | （四）关联人向上市公司提供资金，利率 | | 不高于中国人民银行规定的同期贷款利率 | | 不高于中国人民银行规定的贷款市场报价 | | 标准； | | 利率，且上市公司无相应担保； | | （五）上市公司按与非关联人同等交易条 | | （五）上市公司按与非关联人同等交易条 | | 件，向董事、监事、高级管理人员提供产 | | 件，向董事、高级管理人员提供产品和服 | | 品和服务的。 | | 务的。 | | 全文 | "股东大会" | 统一表述为 " 股东会" | 华测检测认证集团股份有限公司 二○二五年十一月十二日 华测检测认证集团股份有限公司 关联交易决策制度修订对照表 | 修订前条款 | 修订后条款 | | --- | --- | | 【第三条】 具有以下情形之一的法人， | 【第三条】 具有以下情形之一的法人或 | | 为公司的关联法人： | 者其他组织，为公司的关联法人： | | （一）直接或者间接控制上市公司的法人 | （一）直接或者间接控制上市公司的法人 ...

华测检测认证集团股份有限公司 独立董事候选人声明与承诺 声明人杨芳作为华测检测认证集团股份有限公司第七届董事会独立董事候 选人，已充分了解并同意由提名人华测检测认证集团股份有限公司董事会提名为 华测检测认证集团股份有限公司（以下简称该公司）第七届董事会独立董事候选 人。现公开声明和保证，本人与该公司之间不存在任何影响本人独立性的关系， 且符合相关法律、行政法规、部门规章、规范性文件和深圳证券交易所业务规则 对独立董事候选人任职资格及独立性的要求，具体声明并承诺如下事项： 一、本人已经通过华测检测认证集团股份有限公司第六届董事会薪酬考 核与提名委员会或者独立董事专门会议资格审查，提名人与本人不存在利害关 系或者其他可能影响独立履职情形的密切关系。 三、本人符合中国证监会《上市公司独立董事管理办法》和深圳证券交易 所业务规则规定的独立董事任职资格和条件。 ☑ 是 □ 否 如否，请详细说明：______________________________ 四、本人符合该公司章程规定的独立董事任职条件。 ☑ 是 □ 否 ☑ 是 □ 否 如否，请详细说明：______________________________ 二、本 ...

☑是 □否 华测检测认证集团股份有限公司 如否，请详细说明：______________________________ 二 、被提名人不存在《中华人民共和国公司法》第一百七十八条等 规定不得担任公司董事的情形。 ☑是 □否 如否，请详细说明：______________________________ 独立董事提名人声明与承诺 提名人华测检测认证集团股份有限公司董事会现就提名杨芳为华测检 测认证集团股份有限公司第七届董事会独立董事候选人发表公开声明 。被 提名人已书面同意作为华测检测认证集团股份有限公司第七届董事会独立 董事候选人(参见该独立董事候选人声明)。本次提名是在充分了解被提名 人职业 、学历 、职称 、详细的工作经历 、全部兼职、有无重大失信等 不良记录等情况后作出的，本提名人认为被提名人符合相关法律、行政法 规、部门规章、规范性文件和深圳证券交易所业务规则对独立董事候选人 任职资格及独立性的要求，具体声明并承诺如下事项： 一、被提名人已经通过华测检测认证集团股份有限公司第六届董事会 薪酬考核与提名委员会或者独立董事专门会议资格审查，提名人与被提 名人不存在利害关系或者其他可能影响独立履职情形的密 ...

证券代码：300012 证券简称：华测检测 公告编号：2025-051 华测检测认证集团股份有限公司 关于召开 2025 年第一次临时股东会的通知 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、召开会议的基本情况 1、股东会届次：2025 年第一次临时股东会 2、股东会的召集人：董事会 3、本次会议的召集、召开符合《中华人民共和国公司法》《深圳证券交易所创业板 股票上市规则》《深圳证券交易所上市公司自律监管指引第 2 号—创业板上市公司规范 运作》等法律、行政法规、部门规章、规范性文件及《公司章程》的有关规定。 4、会议时间： （1）现场会议时间：2025 年 11 月 28 日 14:30 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2025 年 11 月 28 日 9:15-9:25，9:30-11:30，13:00-15:00；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 11 月 28 日 9:15 至 15:00 的任意时间。 5、会议的召开方式：现场表决与网络投票相结合。 6、会议的股权登记日：20 ...

证券代码：300012 证券简称：华测检测 公告编号：2025-050 华测检测认证集团股份有限公司 第六届董事会第二十八次会议决议公告 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。 华测检测认证集团股份有限公司（以下简称"公司"）第六届董事会第二十 八次会议于 2025 年 11 月 7 日发出会议通知，2025 年 11 月 10 日以现场方式召开。 本次会议应参与董事 7 名，实际参与董事 7 名，分别为：万峰、申屠献忠、钱峰、 戚观成、程海晋、曾繁礼、刘志权。会议由董事长万峰主持，董事会会议的举行 和召开符合国家有关法律、法规及《公司章程》的规定。经充分讨论和审议，会 议形成决议如下： 一、会议以 7 票同意、0 票反对、0 票弃权，审议通过《关于董事会换届选举暨提 名第七届董事会非独立董事候选人的议案》 鉴于公司第六届董事会任期即将届满，根据相关法律法规及《公司章程》的 规定，公司按照法律程序进行董事会换届选举。经公司董事会薪酬考核与提名委 员会审核，同意提名万峰先生、申屠献忠先生、钱峰先生、戚观成先生（简历详 见附件）为第七届董事会非独立董事候选 ...

Investment Rating - The industry is rated as "Outperforming the Market" with an expected increase of over 10% relative to the market index in the next six months [5][40]. Core Insights - The social service industry has seen a significant reduction in heavy positions, with a total market value of 4.595 billion yuan, down by 1.630 billion yuan from the previous quarter [2][10]. - The heavy position ratio for the social service industry is currently at 0.05%, which is significantly lower than the five-year average of 0.44%, indicating potential for rebound [2][10]. - The report highlights a general decline in the overweight ratios across various sub-sectors, with the hotel and catering sector maintaining a low position ratio of 0.02% [3][19]. - The report suggests that service consumption is accelerating towards becoming the mainstay of household consumption, driven by policies aimed at expanding service consumption [4][39]. Summary by Sections Heavy Position Analysis - The number of funds holding heavy positions in the social service industry decreased from 177 to 10, with a total market value of 4.595 billion yuan [2][10]. - The heavy position ratio ranks 30th among 31 first-level industries, indicating a low allocation compared to historical levels [2][10]. Sub-sector Performance - The hotel and catering sector's heavy position ratio has remained stable at 0.02%, while the tourism and scenic area sector has seen a slight decline to 0.01% [3][19]. - The professional services sector experienced a minor decrease, with a heavy position ratio of 0.02% [3][19]. Individual Stock Performance - The top ten stocks in the social service sector saw a combined heavy position ratio of 0.045%, down from the previous quarter [3][28]. - Notable stocks include Shoulu Hotel, which maintains the highest heavy position ratio, and Tongqing Tower, which has entered the top ten for the first time this year [3][28]. Investment Recommendations - The report recommends focusing on sectors benefiting from policy support, including cultural tourism, sports, and education, as these areas are expected to see growth due to favorable policies [4][39].

Core Points - The Zhongshan Market Supervision Administration conducted a food safety inspection covering five categories of food, with a total of 736 samples tested, of which 731 were qualified and 5 were unqualified [2]. Group 1: Inspection Results - A total of 736 food samples were collected, including catering food, nut products, starch products, agricultural products, and candy [2]. - Out of the 736 samples, 731 were found to be compliant with safety standards, resulting in a compliance rate of approximately 99.32% [2]. - The inspection was carried out according to the "Implementation Rules for Food Safety Supervision and Sampling Inspection in Guangdong Province" [2]. Group 2: Consumer Engagement - The administration encourages consumers to actively participate in food safety supervision and report any harmful food products or illegal activities by calling the complaint hotline 12345 [2].

Core Insights - The article highlights the increasing activity of broker research following the disclosure of third-quarter reports by listed companies, with a notable focus on sectors such as solar energy, semiconductor materials, and consumer electronics [2][5]. Group 1: Broker Research Trends - As of early November, over 35 brokers have conducted research on companies in the solar component supply chain, semiconductor materials, and leading consumer electronics firms [2]. - From October 1 to November 5, a total of 953 listed companies in A-shares received broker research, with 42 companies receiving research from 40 or more brokers [5]. - The most researched companies include Aibo Medical, Huace Testing, and Jinpan Technology, which received 65, 64, and 62 broker inquiries respectively, all categorized under the new productivity label [5]. Group 2: Sector Focus - Brokers are particularly interested in sectors such as semiconductors, industrial automation, and high-end manufacturing, reflecting ongoing market attention to technology-driven industries [2][6]. - Companies like Zhaoyi Innovation and Canadian Solar have also attracted significant broker interest, receiving 55 and 49 inquiries respectively [5]. - The research interest extends to various industries, including medical devices, power equipment, and gaming, indicating a broad focus on high-growth sectors [6]. Group 3: Investment Strategies - Broker investment strategies are concentrated on high-prosperity industries, with a focus on sectors like AI, semiconductor equipment, and consumer electronics [10]. - The research teams from CITIC Securities and CICC suggest that the electronic sector's performance is expected to remain strong, driven by AI and domestic production growth [10][11]. - Recommendations for November include focusing on new economic sectors such as AI software and semiconductor equipment, while traditional sectors like coal and steel are also highlighted [11].

Core Viewpoint - The article highlights the increasing activity of broker research in various sectors following the disclosure of Q3 financial reports, with a particular focus on technology and new productivity sectors [1][2]. Group 1: Broker Research Activity - As of early November, over 953 A-share listed companies have been researched by brokers, with 42 companies receiving attention from 40 or more brokers [3]. - The most popular companies include Aibo Medical, Huace Testing, and Jinpan Technology, which received 65, 64, and 62 broker research reports respectively, all associated with new productivity [3]. Group 2: Sector Focus - Brokers are particularly interested in the semiconductor industry, high-end equipment, and companies with strong technological barriers and growth potential [5][6]. - Notable companies receiving significant attention include storage chip leader Zhaoyi Innovation and solar component leader Artis, which received 55 and 49 broker research reports respectively [3]. Group 3: Investment Strategies - Broker investment strategies are concentrated on high-growth industries, with a focus on sectors like AI, semiconductor equipment, and consumer electronics [8][9]. - The research teams suggest that the electronic sector is expected to maintain its performance, driven by AI and domestic production growth [8]. Group 4: Market Trends and Recommendations - The article emphasizes the importance of monitoring annual performance expectations and the quality of corporate earnings, as well as the potential for market funds to shift between technology, consumer, and defensive sectors [10]. - Investors are advised to consider policy direction, industry hotspots, valuation rationality, and risk control when making investment decisions [10].

Summary of Conference Call Notes Industry Overview - The conference call discusses the performance of the China Industrial Tech sector, focusing on various companies within the industry, particularly in the areas of AI, energy storage systems (ESS), and consumer electronics. Key Highlights 1. **3Q25 Results**: - The sector average revenue and operating profit increased by 18% and 17% year-over-year respectively, with results mostly in-line with expectations [1][2] - Notable performance drivers included: - Capacity buildout by major domestic PCB customers for AI applications, particularly Hans Laser [1] - Capital expenditures in batteries and consumer electronics [1] - Strong demand in AIDC power and ESS, along with export demand [1] - Liquid cooling technology advancements [1] - Market share gains in the industrial automation segment [1] - Effective cost control leading to margin improvements [1] - Expansion into new technology markets such as infrared [1] 2. **Challenges Faced**: - Smaller players struggled with scaling and profitability [1] - Prolonged capital expenditure weakness in process automation sectors like steel and chemicals [1] - Delays in defense orders impacting AVIC Jonhon [1] - Margin deterioration due to high exposure to precious metals [1] 3. **Margin Trends**: - Smaller companies like HCFA are more vulnerable in a deflationary environment with ASP pressure [2] - AVIC Jonhon faced margin deterioration due to precious metal price hikes [2] - Larger players like Sanhua achieved margin beats through stringent cost control [2] - Kstar's ESS segment gross profit margin improved by over 3 percentage points due to a favorable product mix [2] Actionable Investment Ideas 1. **Buy Recommendations**: - Hans Laser: Strong demand in PCB and consumer electronics [3] - Kstar: Beneficiary of AIDC power and overseas ESS growth [3] - Inovance: Resilient performance in industrial automation [3] - Nari Tech and Centre Testing: Defensive plays with stable margins [3] 2. **Sell Recommendations**: - Raycus: Limited military end-market sales [3] - Baosight: Continued weakness in domestic steel industry capex [3] - Sanhua-A: Potential profit-taking pressure due to optimistic market expectations [3] Sector Focus Areas 1. **AI Demand**: - Hans Laser is experiencing strong growth in PCB equipment sales driven by capex expansion from key customers like Victory Giant [6] - Kstar anticipates higher sales growth in data center products due to increasing orders from domestic and overseas customers [6] 2. **Energy Storage**: - Sungrow expects 40%-50% global ESS installation growth in 2026, driven by renewable energy needs and market-driven policies in China [7] - Kstar aims to double its ESS sales growth in 2025, supported by positive demand outlook [7] 3. **Consumer Electronics**: - OPT anticipates stronger demand due to shifts in product form factors, particularly with Apple's upcoming products [8] - Han's Laser is benefiting from solid demand for iPhone 17 and next-generation smartphone equipment [8] 4. **Overseas Expansion**: - Hongfa has a dominant market share in HVDC relays and is expanding capacity in Germany and Indonesia to meet EV demand [10] - Inovance is also expanding overseas to support sales growth in EV powertrain products [10] Additional Insights - The conference call highlighted the importance of product mix and cost control in maintaining margins amid challenging market conditions [2][3] - The outlook for the sector remains positive, particularly in AI and energy storage, despite some challenges faced by smaller players and specific sectors [6][7][8]