Core Viewpoint - The company Jin Tong Ling (300091.SZ) announced that its wholly-owned subsidiary, Jiangsu Jin Tong Ling Precision Manufacturing Co., Ltd. (referred to as "Precision Manufacturing"), is facing bankruptcy liquidation due to unpaid debts to a creditor, Nantong Shen Guang Machinery Manufacturing Co., Ltd. [1][5][6] Financial Performance - As of June 30, 2025, Precision Manufacturing reported a net asset value of -133 million yuan, indicating severe insolvency [1][7] - In the first half of 2025, Precision Manufacturing generated revenue of only 15.83 million yuan, with a net loss of 7.84 million yuan [7] - The company has accumulated debts of 156 million yuan owed to Jin Tong Ling, which represents approximately 23% of Jin Tong Ling's latest audited net assets [1][7] Historical Context - Precision Manufacturing was established in August 2019 with a registered capital of 10 million yuan, primarily engaged in precision manufacturing processing [2] - The subsidiary experienced significant revenue growth in 2020, but by 2021, it reported a net loss of 22.31 million yuan due to a lack of external orders [5] - The net losses continued in 2023 and 2024, amounting to -62.51 million yuan and -20.73 million yuan, respectively [5] Legal Proceedings - The creditor, Shen Guang Company, filed for bankruptcy liquidation against Precision Manufacturing after the latter failed to pay for services rendered under a contract signed in July 2024 [5][6] - The court has accepted the bankruptcy liquidation application, which will determine the financial impact on Jin Tong Ling based on the liquidation results [8]

Core Viewpoint - Jintongling's stock price has shown volatility, with a year-to-date increase of 40.49%, but recent performance indicates a decline over the past 20 days, highlighting potential concerns for investors [1][2]. Company Overview - Jintongling Technology Group Co., Ltd. is located in Nantong, Jiangsu Province, established on April 9, 1993, and listed on June 25, 2010. The company specializes in the research, manufacturing, application, and system integration of high-end fluid machinery products, including large industrial blowers and multi-stage high-pressure centrifugal blowers [2]. - The revenue composition of Jintongling includes: blowers (38.82%), system integration construction projects (16.34%), boiler sales (13.12%), compressors (12.00%), others (9.68%), system integration operation projects (6.33%), and steam turbines (3.71%) [2]. Financial Performance - As of June 30, Jintongling had 45,500 shareholders, a decrease of 19.77% from the previous period, with an average of 32,436 circulating shares per shareholder, an increase of 24.64% [2]. - For the first half of 2025, Jintongling reported operating revenue of 370 million yuan, a year-on-year decrease of 48.70%, and a net profit attributable to shareholders of -202 million yuan, a year-on-year decrease of 167.72% [2]. Stock Performance - On October 23, Jintongling's stock price fell by 2.04%, trading at 2.88 yuan per share, with a total market capitalization of 4.289 billion yuan. The stock experienced a net outflow of 904,800 yuan in principal funds [1]. - The stock has been on the龙虎榜 (a stock trading list) once this year, with the most recent appearance on March 12, where it recorded a net purchase of 61.0788 million yuan [1].

Core Viewpoint - The company Jin Tong Ling is facing severe financial distress, leading to a bankruptcy liquidation application by its subsidiary, Jiangsu Jin Tong Ling Precision Manufacturing Co., Ltd, due to unpaid debts and significant losses over recent years [1][4][5]. Financial Situation - As of April 30, 2025, Jin Tong Ling Precision Manufacturing reported total assets of 67 million and total liabilities of 196 million, indicating insolvency [4]. - The company has incurred total losses exceeding 2.2 billion from 2020 to 2024, with a debt ratio of 92.04% as of mid-2025 [5]. - For the first half of 2025, the company reported revenue of 370 million, a year-on-year decline of 48.70%, and a net loss of 202 million, a decline of 167.72% [5]. Legal and Regulatory Issues - The company has been penalized for securities fraud, resulting in a fine of 8 million, and several executives have received prison sentences for related offenses [6]. - The bankruptcy application was accepted by the Nanjing Intermediate People's Court, confirming the company's inability to meet its financial obligations [4]. Recent Developments - On September 5, 2025, the company announced a pre-restructuring investment agreement with HuTongDa Network Co., Ltd, aimed at resolving its debt crisis and improving its financial structure [5].

Core Points - The company Jin Tong Ling announced that its wholly-owned subsidiary, Jiangsu Jin Tong Ling Precision Manufacturing Co., Ltd., is facing bankruptcy liquidation due to unpaid debts to a creditor [2][6][7] - As of June 30, 2025, the subsidiary has a net asset value of -133 million yuan, indicating severe insolvency [2][7] - The subsidiary's financial performance has been poor since its establishment in 2019, with significant losses reported in recent years [3][6] Financial Summary - In the first half of 2023, the subsidiary achieved revenue of only 15.83 million yuan, with a net loss of 7.84 million yuan [7] - For the year 2021, the subsidiary reported a net profit loss of 22.31 million yuan, and losses continued in 2023 and 2024, amounting to -62.51 million yuan and -20.73 million yuan respectively [6][7] - The parent company Jin Tong Ling reported a revenue decline of 48.7% year-on-year, with a net loss of 202.4 million yuan in the first half of the year [8] Legal and Regulatory Issues - The subsidiary's bankruptcy application was accepted by the Nantong Intermediate People's Court due to its inability to pay debts owed to Nantong Shenguang Machinery Manufacturing Co., Ltd. [6][7] - The company has faced legal challenges, including a recent criminal judgment resulting in fines and prison sentences for its former chairman and other executives due to securities fraud [12]

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： 金通灵科技集团股份有限公司（以下简称"公司"）全资子公司江苏金通灵精 密制造有限公司（以下简称"精密制造"） 收到江苏省南通市中级人民法院（以下 简称"南通中院"或"本院"）出具的（2025）苏 06 破 55 号《民事裁定书》，南 通中院裁定受理精密制造破产清算一案。公司将持续关注精密制造被申请破产清算 的进展情况，并按照有关规定履行信息披露义务。 证券代码：300091 证券简称：金通灵 公告编号：2025-045 金通灵科技集团股份有限公司 关于子公司被申请破产清算的提示性公告 一、裁定受理破产清算概述 公司全资子公司精密制造于 2025 年 10 月 22 日收到南通中院出具的（2025）苏 06 破 55 号《民事裁定书》，裁定受理申请人南通神光机械制造有限公司（以下简称 "神光公司"）对精密制造的破产清算申请。 （一）申请人基本情况 1.申请人名称：南通神光机械制造有限公司 2.法定代表人：朱光 3.统一社会信用代码：91320612MA1MF1Q68D 4.注册地址：南通市通州区兴仁镇阚 ...

Group 1 - The company Jin Tong Ling Technology Group Co., Ltd. revised its articles of association in October 2025 to clarify its organizational structure, operational norms, and the rights and obligations of shareholders and management, aiming to enhance governance levels [1][2] - The revised articles consist of thirteen chapters and two hundred twenty articles, covering various aspects such as company organization and behavior norms, shareholder rights, board of directors, senior management responsibilities, and financial matters [1][2] - The company was established in June 2008 and listed on the Shenzhen Stock Exchange in June 2010, with a registered capital of 1,489.164214 million yuan [1] Group 2 - Shareholders have rights based on their shares, including access to company information, with specific procedures for accessing certain materials. The shareholders' meeting has decision-making authority over significant matters such as capital changes and profit distribution [2] - The board of directors consists of nine members, including one employee representative and three independent directors, responsible for operational decisions and establishing relevant systems [2] - Senior management, including the general manager and deputy general managers, is appointed by the board and is accountable to it, exercising authority in production and operational management [2]

金通灵科技集团股份有限公司 董事会薪酬与考核委员会工作细则 （2025年10月修订） 第一章 总 则 第一条 为进一步完善金通灵科技集团股份有限公司（以下简称"公司"）董事 及高级管理人员的考核和薪酬管理制度，根据《中华人民共和国公司法》《上市公 司治理准则》《上市公司独立董事管理办法》等法律法规、规范性文件、证券交易 所自律规则及《金通灵科技集团股份有限公司章程》（以下简称《公司章程》）的 有关规定，制定本工作细则。 第二条 薪酬与考核委员会是公司董事会按照《公司章程》设立的专门委员会， 主要负责制定董事、高级管理人员的考核标准并进行考核；制定、审查董事、高级 管理人员的薪酬决定机制、决策流程、支付与止付追索安排等薪酬政策与方案等， 向董事会报告工作并对董事会负责。 第三条 本工作细则所称董事是指在公司支取报酬的非独立董事；所称高级管理 人员是指董事会聘任的总经理、副总经理、总工程师、财务负责人和董事会秘书。 第二章 人员构成 第四条 薪酬与考核委员会由3名董事组成，其中2名成员为独立董事。 第五条 薪酬与考核委员会成员由董事长、1/2以上独立董事或者全体董事的1/3 提名，并由董事会选举产生。 第六条 薪 ...

金通灵科技集团股份有限公司 特定对象来访接待管理制度 （2025年10月修订） 第一章 总 则 第一条 为维护金通灵科技集团股份有限公司(以下简称"公司"）和投资者的 合法权益，加强公司与投资者、媒体等特定对象之间的信息沟通，促进公司诚信自 律、规范运作，并进一步完善公司治理机制，根据中国证券监督管理委员会（以下 简称"中国证监会"）《上市公司治理准则》《上市公司信息披露管理办法》《上 市公司投资者关系管理工作指引》等部门规章、规范性文件以及《深圳证券交易所 创业板股票上市规则》（以下简称《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》（以下简称《规范运作》）等 深圳证券交易所（以下简称"证券交易所"）自律规则和《金通灵科技集团股份有 限公司章程》（以下简称《公司章程》）的有关规定，制订本制度。 第二条 公司特定对象来访接待工作严格遵守《中华人民共和国公司法》《中华 人民共和国证券法》等有关法律法规、部门规章、规范性文件及证券交易所相关自 律规则的规定。 第三条 本制度所称"特定对象"是指比一般中小投资者更容易接触到信息披露 主体和更具信息优势，且可能利用公司未公开 ...

金通灵科技集团股份有限公司 金通灵科技集团股份有限公司 章 程 （2025 年 10 月修订） 公司章程 金通灵科技集团股份有限公司 目 录 第四章 股东和股东会 公司章程 第一章 总 则 第二章 经营宗旨和范围 第三章 股 份 第一节 股份发行 第二节 股份增减和回购 第三节 股份转让 第一节 股东的一般规定 第二节 控股股东和实际控制人 第三节 股东会的一般规定 第四节 股东会的召集 第五节 股东会的提案与通知 第六节 股东会的召开 第七节 股东会的表决和决议 第五章 董事和董事会 第一节 董事的一般规定 第二节 董事会 第三节 独立董事 第四节 董事会专门委员会 第六章 高级管理人员 第七章 公司党委与纪委 第八章 职工民主管理和劳动人事制度 第一节 职工民主管理 第二节 劳动人事制度 第九章 财务会计制度、利润分配和审计 第一节 财务会计制度 第二节 内部审计 第三节 会计师事务所的聘任 第十章 通知和公告 第一节 通 知 第二节 公 告 第十一章 合并、分立、增资、减资、解散和清算 第一节 合并、分立、增资和减资 第二节 解散和清算 第十二章 修改章程 第十三章 附 则 金通灵科技集团股份有限公司 ...

第一章 总 则 第一条 为规范金通灵科技集团股份有限公司（以下简称"公司"）的内幕信息 管理，加强内幕信息保密工作，有效防范内幕交易等证券违法违规行为，根据《中 华人民共和国公司法》《中华人民共和国证券法》《上市公司信息披露管理办法》 《上市公司监管指引第 5 号——上市公司内幕信息知情人登记管理制度》《深圳证 券交易所创业板股票上市规则》等法律法规、部门规章、规范性文件、证券交易所 自律规则以及《金通灵科技集团股份有限公司章程》（以下简称《公司章程》）的 有关规定，制定本制度。 金通灵科技集团股份有限公司 内幕信息知情人登记管理制度 （2025 年 10 月修订） 第二条 本制度适用于公司及公司下属各职能部门、控股子公司，以及公司能够 对其实施重大影响的参股公司的内幕信息管理相关内容。 第三条 董事会是负责公司内幕信息的管理机构，应当按照本制度以及中国证券 监督管理委员会（以下简称"中国证监会"）和深圳证券交易所（简称"证券交易 所"）相关规定与规则的要求建立内幕信息知情人档案，并及时登记和报送内幕信 息知情人档案，保证内幕信息知情人档案真实、准确和完整，董事长为主要责任人。 董事会秘书负责办理公司内幕信息 ...