Core Viewpoint - The shareholder Zunwei Trading (Shenzhen) Co., Ltd., holding 5.02% of the shares, plans to reduce its stake in Wanxun Control (300112) by up to 2.5 million shares, representing 0.8614% of the company's total equity [1] Summary by Category - **Shareholder Action** - Zunwei Trading intends to reduce its holdings through centralized bidding or block trading [1] - The planned reduction amounts to a maximum of 2.5 million shares [1] - **Company Overview** - Wanxun Control is subject to a potential decrease in shareholding by a significant shareholder [1]

格隆汇9月11日丨万讯自控(300112.SZ)公布，持股5%以上股东尊威贸易（深圳）有限公司（简称"尊威 贸易"）计划在本公告披露之日起15个交易日后的3个月内以集中竞价或大宗交易的方式减持公司股份不 超过2,500,000股（占本公司总股本的比例为0.8614%）。 ...

Core Viewpoint - The major shareholder, Zunwei Trading Co., Ltd., plans to reduce its stake in Wanxun Control by up to 2.5 million shares, representing 0.8614% of the total share capital, due to personal funding needs [1] Summary by Relevant Sections - **Shareholder Reduction Plan** - Zunwei Trading Co., Ltd. intends to reduce its holdings within three months after a 15 trading day period from the announcement date [1] - The reduction will be executed through centralized bidding or block trading [1] - **Reason for Reduction** - The reduction is driven by the shareholder's personal funding requirements [1] - **Source of Shares** - The shares to be reduced are from those held prior to the company's initial public offering [1] - **Pricing and Compliance** - The reduction price will be determined based on the market price at the time of the reduction and the method of transaction [1] - Zunwei Trading has committed to comply with relevant laws and regulations during the reduction period and will fulfill information disclosure obligations [1]

| 证券代码：300112 | 证券简称：万讯自控 | 公告编号：2025-052 | | --- | --- | --- | | 债券代码：123112 | 债券简称：万讯转债 | | 深圳万讯自控股份有限公司 关于持股 5%以上股东股份减持计划的预披露公告 股东尊威贸易（深圳）有限公司保证向本公司提供的信息内容真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 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： 深圳万讯自控股份有限公司（以下简称"公司"）持股 5%以上股东尊威贸 易（深圳）有限公司（以下简称"尊威贸易"）计划在本公告披露之日起 15 个 交易日后的 3 个月内以集中竞价或大宗交易的方式减持公司股份不超过 2,500,000 股（占本公司总股本的比例为 0.8614%）。 公司于近日收到股东尊威贸易出具的《股份减持计划告知函》，现将相关情 况公告如下： 一、本次减持股东的基本情况 | 股东名称 | 持股数量（股） | 占公司总股本的比例 | | --- | --- | --- | | 尊威贸易（深圳）有限公司 | 14,578 ...

Group 1 - The core point of the article is that Wanxun Automation has won the bid for the localization research and development project of mechanical travel switches initiated by China National Nuclear Corporation, marking a continuation of their collaboration after the joint development of an intelligent locator localization project [1] Group 2 - Wanxun Automation's successful bid indicates its growing role in the nuclear industry and its capabilities in developing localized technology solutions [1]

Core Viewpoint - Shenzhen Wanxun Control Co., Ltd. reported a revenue of 499 million yuan for the first half of 2025, reflecting a year-on-year growth of 5.59%, demonstrating strong operational resilience despite industry challenges [1] Business Fundamentals - Wanxun Control, recognized as a national high-tech enterprise, has core products spanning three major sectors: industrial automation instruments, civilian instruments, and MEMS sensors, with applications in traditional industries like petroleum, chemical, and power, as well as emerging sectors such as renewable energy and smart cities [1] - The company capitalized on policy opportunities, particularly the national initiative to promote large-scale equipment updates, which stimulated demand for equipment renewal in downstream industries. The industrial automation instrument segment remained the main revenue contributor, with field instrument revenue increasing by 6.82% and pressure instruments and accessories revenue rising by 12.45% [1] R&D and Innovation - R&D is a core competitive advantage for Wanxun Control, with R&D investment consistently exceeding 7% of revenue. In the reporting period, R&D expenditure reached 464 million yuan, focusing on breakthroughs in MEMS sensors and smart instruments [2] - The company has established collaborations with top international institutions such as Fraunhofer and the University of Oxford, promoting the upgrade of products towards intelligence and IoT [2] - Wanxun Control has participated in drafting 82 national standards, including significant ones like "Safety of Industrial Automation and Control Systems" and "Electromagnetic Gas Emergency Shut-off Valve," laying a solid foundation for product quality and market expansion [2]

Core Viewpoint - Wanxun Control (300112.SZ) reported a decline in institutional ownership in its 2025 semi-annual report, indicating a shift in investor sentiment [1] Institutional Ownership - As of August 25, 2025, three institutional investors disclosed holdings in Wanxun Control A-shares, totaling 17.9397 million shares, which represents 6.14% of the total share capital [1] - The combined institutional ownership decreased by 1.30 percentage points compared to the previous quarter [1] Foreign Investment - One new foreign institution, BARCLAYS BANK PLC, disclosed its holdings this period, while MORGAN STANLEY & CO. INTERNATIONAL PLC was not disclosed in this quarter [1]

Group 1 - The board meeting of Shenzhen Wanxun Automation Co., Ltd. was held on August 12, 2025, with all 8 directors present, complying with relevant laws and regulations [1][2] - The board approved the agenda items, including the 2025 semi-annual report and the special report on the use of raised funds, with a unanimous vote of 8 in favor [1][2] - The meeting's resolutions were pre-reviewed and approved by the company's audit committee [1]

Core Viewpoint - Shenzhen Maxonic Automation Control Co., Ltd. reported a significant decline in net profit for the first half of 2025, with a net loss of approximately 11.71 million yuan, a decrease of 253.92% compared to the same period last year, despite a slight increase in revenue of 5.59% to approximately 499.37 million yuan [2][6]. Company Overview and Financial Indicators - The company is a national high-tech enterprise focused on the research, production, and sales of intelligent automation instruments and related solutions [3]. - The total assets at the end of the reporting period were approximately 1.69 billion yuan, an increase of 1.04% from the previous year [2]. Business Environment - The industry is expected to benefit from the optimization and upgrading of traditional manufacturing, as highlighted in the national development plans, which will drive demand for industrial automation instruments [3]. - The implementation of mandatory product certification (CCC certification) for gas detection and alarm products is expected to shift the industry focus from price competition to quality competition, enhancing product safety and reliability [3][5]. Main Business and Products - The company’s main products include industrial automation instruments, civil instruments, and MEMS sensors, applicable in various sectors such as petrochemicals, power, metallurgy, and emerging industries like aerospace and biopharmaceuticals [3][4]. - The company is actively developing MEMS sensors to align with industry trends towards miniaturization, multifunctionality, and integration [3]. Financial Performance - The company achieved a revenue of approximately 499.37 million yuan, with a gross profit margin of 42.96%, a decrease of 2.38 percentage points year-on-year [6]. - Operating expenses increased by 6.65% to approximately 22.04 million yuan, contributing to the net loss [6]. Competitive Advantages - The company has established a strong competitive barrier through technological innovation, brand recognition, and a comprehensive sales service network [6][7]. - It has maintained a high level of R&D investment, exceeding 7% of revenue, and has developed numerous patents to solidify its technological leadership [7]. Market Strategy - The company employs a combination of direct sales and distribution channels, establishing regional sales centers to enhance customer service and support [4][10]. - It has expanded its market presence into new sectors such as smart security and smart firefighting, leveraging its existing customer base in traditional industries [10]. Regulatory and Standardization Efforts - The company has participated in drafting 82 national standards related to industrial automation and safety, enhancing its influence and reputation in the industry [8][9].

Core Viewpoint - Shenzhen Maxonic Automation Co., Ltd. reported a significant decline in net profit for the first half of 2025, with a net loss of approximately 11.71 million yuan, representing a 253.92% decrease compared to the same period last year [1][2]. Financial Performance - The company's operating revenue for the reporting period was approximately 499.37 million yuan, an increase of 5.59% from 472.93 million yuan in the same period last year [1]. - The net profit attributable to shareholders of the listed company was -11.71 million yuan, compared to a profit of 7.61 million yuan in the previous year [1]. - The net profit after deducting non-recurring gains and losses was -15.84 million yuan, a decrease of 1,602.32% from 1.05 million yuan in the previous year [1]. - The net cash flow from operating activities was -35.40 million yuan, down 76.08% from -20.10 million yuan in the previous year [1]. Earnings Per Share - Basic earnings per share were -0.0432 yuan, a decrease of 266.80% from 0.0259 yuan in the previous year [2]. Assets and Liabilities - Total assets at the end of the reporting period were approximately 1.69 billion yuan, an increase of 1.04% from 1.67 billion yuan at the end of the previous year [2]. - The net assets attributable to shareholders of the listed company were approximately 1.06 billion yuan, a decrease of 0.82% from 1.07 billion yuan at the end of the previous year [2]. Shareholder Information - The largest shareholder, Fu Yuchen, holds 16.91% of the shares, with a total of 49,359,277 shares, of which 37,019,458 shares are pledged [2][3]. - Other significant shareholders include Fu Xiaoyang with 4.99% and Meng Xiangli with 3.15% [2][3].