Group 1 - The core stock price of Jinfu Technology as of August 14, 2025, is 5.35 yuan, reflecting a decline of 4.12% from the previous trading day, with a transaction volume of 343 million yuan [1] - Jinfu Technology's main business includes optoelectronic display film devices, intelligent detection equipment, and intelligent manufacturing, with a recent shift towards high-margin manufacturing and active expansion into the robotics industry [1] - The company has established a wholly-owned subsidiary, Suzhou Jinfu Intelligent Manufacturing Co., Ltd., focusing on the research and development of intelligent robots and manufacturing of industrial robots, aiming to integrate its intelligent manufacturing platform and extend its robotics business [1] Group 2 - Jinfu Technology's subsidiary, Maizhi Technology, is collaborating with domestic and international robotics manufacturers to develop detection solutions and advance the secondary development of police robots [1] - On August 14, 2025, Jinfu Technology experienced a net outflow of main funds amounting to 56.38 million yuan, with a cumulative net outflow of 20.17 million yuan over the past five days [2]

Fundraising Overview - The company, Suzhou Jinfeng Technology Co., Ltd., has received approval from the China Securities Regulatory Commission to issue 205,000,000 shares at a price of 3.60 RMB per share, raising a total of 738,000,000 RMB, with a net amount of 724,758,218.85 RMB after deducting issuance costs [1][2][3] Special Account and Supervision Agreement - A special account for the raised funds has been opened at China Minsheng Bank, Suzhou Branch, and a tripartite supervision agreement has been signed with the bank and the sponsor, Guotai Junan Securities [2][3] - The special account is designated for the storage and use of funds for working capital and cannot be used for other purposes [3][4] - The sponsor is responsible for supervising the use of the raised funds and can conduct on-site investigations and written inquiries [3][4] Key Provisions of the Agreement - The agreement stipulates that the bank must provide monthly account statements to the company and the sponsor [4][5] - Any withdrawal exceeding 1 million RMB must be reported to the sponsor along with a detailed expenditure list [4][5] - The agreement is governed by the laws of the People's Republic of China and can be terminated under specific conditions [5]

Group 1 - The company, Jinfu Technology, announced the establishment of a special fundraising account at China Minsheng Bank, Suzhou Branch [1] - A tripartite supervision agreement regarding the special fundraising account has been signed with the bank and the sponsor, Guotai Junan Securities [1]

证券代码：300128 证券简称：锦富技术 公告编号：2025-054 苏州锦富技术股份有限公司 关于签订募集资金三方监管协议的公告 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。 一、募集资金基本情况概述 经中国证券监督管理委员会出具的《关于同意苏州锦富技术股份有限公司向 特定对象发行股票注册的批复》（证监许可[2023]245 号）同意注册，并经深圳 证券交易所同意，公司向特定对象发行人民币普通股（A 股）股票 205,000,000 股，发行价格为 3.60 元/股，募集资金总额为人民币 738,000,000.00 元，扣除 本次发行费用13,241,781.15元后的募集资金净额为人民币724,758,218.85元。 天衡会计师事务所（特殊普通合伙）对本次向特定对象发行股份的募集资金情况 进行了审验，并于 2023 年 10 月 25 日出具了《验资报告》（天衡验字（2023） 00118 号）。 二、本次募集资金专项账户的开立情况和三方监管协议的签订情况 根据《上市公司募集资金监管规则》《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 ...

Core Viewpoint - Suzhou Jinfeng Technology Co., Ltd. is establishing a wholly-owned subsidiary, Suzhou Jinfeng Intelligent Manufacturing Co., Ltd., to integrate its smart manufacturing platform and expand its robotics business [1] Group 1: Company Developments - The new subsidiary will focus on research and development of intelligent robots, manufacturing of industrial robots, and development of artificial intelligence software [1] - The establishment of the subsidiary aims to enhance traditional testing and equipment businesses, aligning better with intelligent manufacturing of automotive body parts [1] - Jinfeng Technology is transitioning from traditional optoelectronic display to high-margin manufacturing businesses and has made progress in this transformation [1] Group 2: Business Expansion - The company has actively engaged in robotics-related businesses and has successfully received an order for complete line manufacturing from an educational robotics company in Boston, USA [1] - The products from this order are currently being delivered, indicating a successful execution of the contract [1] - The company's subsidiary, Maizhi Technology, has been deeply involved in the development and design of products for the educational robotics company, leveraging its expertise in optical visual inspection and intelligent testing [1]

Group 1 - Company Jinfu Technology has established a wholly-owned subsidiary, Suzhou Jinfu Intelligent Manufacturing Co., Ltd., focusing on smart manufacturing, including manufacturing of automotive body parts, robotic production lines, and testing equipment [1] - The establishment of the subsidiary aims to integrate into a smart manufacturing platform and extend the robotics segment, as the company has already formed a robotics division [1] - The company is also looking to enhance its traditional testing and equipment business to better align with the smart manufacturing of automotive body parts [1] Group 2 - Jinfu Technology has been actively expanding its presence in the robotics sector, having previously customized automated production lines for major clients like Corning and Amazon [2] - The company has collaborated with a Shanghai university on industrial automation and multi-legged robots, gaining significant experience in the field [2] - Jinfu Technology is exploring the development of standardized testing processes for robots, working closely with leading domestic and international robotics companies [2] - The company is focusing on three main business directions in robotics, including collaborative development projects with various robotics manufacturers, with expected orders to materialize by 2025 [2] - In the area of application scenario redevelopment, Jinfu Technology is working with Shanghai University to develop bomb disposal and patrol dogs for the Shanghai SWAT team, with ongoing optimization and upgrades [2]

Group 1 - The company announced that its subsidiary, Suzhou Yingshuo, has produced graphene heating pads for automotive applications, specifically for the Zun Jie model [1] - The supply method involves Suzhou Yingshuo directly supplying the seat assembly supplier for the Zun Jie model [1] - Currently, the revenue from this project represents a small proportion of the company's total revenue [1]

Market Overview - The Shanghai Composite Index closed at 3683.46 points, above the six-month moving average, with an increase of 0.48% [1] - The total trading volume of A-shares reached 21,752.11 billion yuan [1] Stocks Breaking the Six-Month Moving Average - A total of 63 A-shares have surpassed the six-month moving average today [1] - Notable stocks with significant deviation rates include: - Guanggang Gas with a deviation rate of 10.02% - Fuan Energy at 9.12% - Tenglong Co. at 8.88% [1] Detailed Stock Performance - The following stocks showed notable performance: - Guanggang Gas: Today's increase of 13.13% with a turnover rate of 13.67% [1] - Fuan Energy: Increased by 10.04% with a turnover rate of 1.43% [1] - Tenglong Co.: Increased by 10.06% with a turnover rate of 7.65% [1] - Other stocks with smaller deviation rates include: - Guangshen Railway, Luopus Gold, and Chahua Co., which have just crossed the six-month line [1]

Core Viewpoint - Jinfu Technology has been penalized for financial fraud, revealing a history of inflated revenues and significant losses over the years [1][2]. Financial Misconduct - The company inflated its revenue by over 170 million yuan through improper accounting practices in 2021, with inflated figures of 52.94 million yuan, 111.32 million yuan, and 172.35 million yuan for the first quarter, half-year, and first three quarters respectively, accounting for 20.02%, 21.14%, and 20.74% of reported revenues [2]. - The company and its executives face fines totaling several million yuan, including a 4 million yuan fine for the company and fines for the chairman and other executives [2]. Business Transformation and Performance - Established in 1998 and listed in 2010, Jinfu Technology initially focused on optical display film devices but has since diversified into various sectors including consumer electronics and new energy [3]. - The company reported revenues of 1.743 billion yuan in 2024, remaining flat year-on-year, while net profit was a loss of 267 million yuan, marking the fourth consecutive year of losses totaling over 1.062 billion yuan [5]. Acquisition Strategy and Challenges - Jinfu Technology has a history of aggressive acquisitions, resulting in significant goodwill impairments and financial losses, with a peak goodwill value exceeding 1.2 billion yuan in 2014, which has since diminished to less than 100 million yuan by the end of 2024 [9][10]. - The company has faced challenges in integrating acquired businesses, leading to poor performance and substantial write-downs of goodwill [9][10]. Current Business Structure and Future Outlook - The company has shifted its focus under new state-owned control, aiming to concentrate on core businesses such as optical materials and automation equipment, while divesting from non-core areas [12][13]. - Despite these efforts, the company continues to struggle with a complex business structure and low profitability in its traditional segments, with gross margins of only 2.54% and 5.52% for its main products [14][16]. - The future of Jinfu Technology remains uncertain, with the need to streamline operations and focus on core competencies to achieve sustainable growth [16].

Group 1 - The company, Jinfu Technology, announced that as of the date of the announcement, it and its subsidiaries have no overdue external guarantees [2] - There are no external guarantees involved in litigation or losses due to judgments against guarantees [2]