证券代码：300152 证券简称：ST新动力 公告编号：2025-051 雄安新动力科技股份有限公司 第五届董事会第三十九次会议决议公告 1.2 关于制定《信息披露暂缓与豁免事务管理制度》的议案 表决结果：有效表决票数 7 票；同意 7 票，反对 0 票，弃权 0 票。 三、备查文件 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、董事会会议召开情况 雄安新动力科技股份有限公司(以下简称"公司或新动力")于 2025 年 8 月 29 日（星期五）在公司会议室以现场结合通讯的方式召开了第五届董事会第三 十九次会议。 本次会议通知已于 2025 年 8 月 28 日以电话、短信、电子邮件等方式向公司 全体董事发出。本次会议由董事长程芳芳女士召集并主持，本次会议应出席董事 7 人，实际出席董事 7 人，公司全体监事、高级管理人员列席了本次会议。本次 会议的召集、通知、召开和表决程序均符合《公司法》等有关法律、行政法规、 规范性文件、部门规章及《公司章程》的有关规定，会议合法、有效。 二、董事会会议审议情况 （一）审议通过《关于制定、修订及废止公司部分内部管理制 ...

雄安新动力科技股份有限公司 内幕信息知情人登记管理制度 第一章 总则 第一条 为进一步规范雄安新动力科技股份有限公司（以下简称"公司"）内 幕信息管理行为，加强内幕信息保密工作，维护公司信息披露的公开、公平、公 正原则，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》《深圳证券交易所上市公司自 律监管指引第 5 号——信息披露事务管理》等有关法律法规及《雄安新动力科 技股份有限公司章程》（以下简称"《公司章程》"）的有关规定，特制定本制度。 第二条 董事会负责及时登记和报送内幕信息知情人档案，并保证内幕信息 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上市 公司内幕信息知情人的登记入档和报送事宜。董事会工作部为公司内幕信息知情 人登记的执行部门。公司监事会对内幕信息知情人登记管理制度实施情况进行监 督。 第三条 未经董事会批准同意，公司任何部门和个人不得向外界泄露、报道、 传送涉及公司内幕信息及信息披露内容。对外报道、传送的文件、软（磁）盘、 录音（ ...

Group 1 - The core viewpoint of the articles highlights the deep integration of the Shanghai Cooperation Organization (SCO) with the Belt and Road Initiative (BRI), emphasizing the continuous development of international logistics channels and practical cooperation among member countries [1][2][3] - The SCO has seen significant growth in trade and investment among its member countries, with China's imports and exports via land and air to SCO countries reaching 677.4 billion yuan and 251.01 billion yuan respectively in the first seven months of the year, marking increases of 7.4% and 44.6% year-on-year [2] - The trade volume between China and SCO member countries has consistently surpassed key thresholds, reaching a historical high of 512.4 billion USD in 2024, reflecting a year-on-year growth of 2.7% [2][3] Group 2 - The investment stock from China to SCO member countries is projected to exceed 84 billion USD by July 2025, with cooperation expanding from traditional sectors like oil and gas to emerging fields such as digital economy and green development [3] - The upcoming SCO summit in 2025 is anticipated to be the largest in the organization's history, aiming to further align the BRI with the development strategies of member countries and enhance practical cooperation [3]

Core Insights - The Shanghai Cooperation Organization (SCO) is enhancing its practical cooperation through the Belt and Road Initiative (BRI), focusing on building international logistics corridors [1][2] - Trade between China and SCO member countries has significantly increased, with a total import and export value reaching 512.4 billion USD in 2024, marking a 2.7% year-on-year growth [2][3] Group 1: Trade and Economic Cooperation - The SCO member countries are experiencing a growing trade relationship, with China's land and air transport trade with SCO countries reaching 677.4 billion RMB and 251.01 billion RMB respectively in the first seven months of the year, representing year-on-year increases of 7.4% and 44.6% [2] - The number of China-Europe freight trains passing through SCO countries is projected to reach 19,000 in 2024, reflecting a 10.7% increase compared to the previous year [1] Group 2: Investment and Development - As of July 2025, China's investment stock in SCO member countries is expected to exceed 84 billion USD, with investment areas expanding from traditional sectors like oil and gas to emerging fields such as digital economy and green development [3] - The SCO's principles of mutual trust and benefit align closely with the BRI's goals, fostering a conducive environment for sustainable development and regional cooperation [3]

Group 1 - The core idea is that data has become a new production factor and strategic resource, influencing various aspects of economic and social development in China [1][6] - The Chinese government has been actively promoting the development of the digital economy through policies and initiatives since 2016, including the G20 Digital Economy Development and Cooperation Initiative [1][6] - Data as a new production factor has a foundational and strategic position in the national economy, necessitating the establishment of a market for data elements to facilitate value transformation [1][4] Group 2 - The marketization of data as an economic strategic resource affects resource allocation efficiency, but issues surrounding data ownership have become significant obstacles [2][3] - Data ownership has a dual characteristic, involving both the factual subject (the source of data) and the recording subject (the entity that collects and stores data) [2][3] - The complexity of data pricing mechanisms, non-standard product forms, and ambiguous economic attributes complicate the establishment of clear ownership rights [3][4] Group 3 - Clear ownership rights are essential for the market mechanism to function effectively, and data ownership should be addressed through practical exploration and development [4][5] - Emphasis should be placed on the open sharing of public data, which can optimize resource allocation and maximize welfare through market mechanisms [4][5] - The rapid development of technologies such as industrial internet, 5G, and artificial intelligence necessitates research into the market circulation of enterprise data [4][5] Group 4 - Technological breakthroughs are crucial for establishing data ownership and facilitating data circulation and transactions [5][6] - Key technologies such as privacy computing, blockchain, and data anonymization must be advanced to support effective legal and institutional frameworks [6] - The concept of "data dividends" is highlighted as a new driving force for high-quality development, suggesting the establishment of a national data center to aggregate vast amounts of data [6]

Group 1 - The core point of the article is that Shanghai New Power Automotive Technology Co., Ltd. has obtained a patent for a device related to engine exhaust gas sampling, which aims to improve environmental cleanliness and reduce costs [1][2]. Group 2 - The patent, titled "A Pre-filtering and Heating Device for Engine Exhaust Gas Sampling," includes components such as a base, upper seat, central rod, and an inner cylindrical wrapping barrel, designed to filter out impurities and solid carbon particles [2]. - The device features an electric heating belt wrapped around the outer wall of the inner cylindrical barrel, which connects to an external heating device, enhancing its efficiency [2]. - Shanghai New Power Automotive Technology Co., Ltd. was established in 1993, is based in Shanghai, and primarily engages in the automotive manufacturing industry, with a registered capital of approximately 1.39 billion RMB [2]. - The company has invested in 31 enterprises, participated in 311 bidding projects, and holds 431 patents along with 68 trademark registrations [2].

Core Viewpoint - The article emphasizes the importance of data as a new production factor and strategic resource in the digital economy, highlighting China's initiatives and policies to promote data utilization and market development [1][4]. Group 1: Data as a New Production Factor - Data has become a fundamental and strategic element in economic and social development, influencing production, circulation, distribution, and consumption activities [1]. - The establishment of data trading institutions in China since 2015 reflects the active exploration of data transactions, leading to valuable experiences and outcomes [1]. Group 2: Challenges in Data Ownership - The issue of data ownership is a significant barrier to market development, with a lack of theoretical consensus and practical experience being common challenges both domestically and internationally [2]. - Data ownership has a "dual nature," involving both the factual subject (the source of data) and the recording subject (the entity that collects and stores data) [2]. Group 3: Rights Associated with Data - Data ownership includes general rights similar to other production factors, as well as unique rights such as privacy rights, permission rights, and deletion rights, making the allocation of these rights complex [3]. - The difficulty in defining data ownership is compounded by the complexity of pricing mechanisms, non-standard product forms, and diverse transaction methods [3]. Group 4: Pathways to Data Ownership Clarity - Clear ownership is essential for market mechanisms to function effectively, and data ownership should be addressed through ongoing development and practice [4]. - Emphasis should be placed on the open sharing of public data, which can optimize resource allocation and maximize welfare [4]. - Research into the market circulation of enterprise data is crucial, especially with the rise of technologies like industrial internet and artificial intelligence [4]. Group 5: Technological Foundations for Data Ownership - Technological advancements are more critical than institutional and legal factors in establishing data ownership and facilitating data transactions [5]. - Breakthroughs in key technologies such as privacy computing, blockchain, and data anonymization are necessary for effective implementation of data ownership frameworks [6]. Group 6: Data as a Strategic Resource - The "data dividend" is seen as a new driving force for high-quality development, with the potential value of data increasing with its volume and diversity [6]. - The establishment of a national data center could help aggregate vast amounts of data, positioning it as a crucial strategic resource for the country [6].

Market Overview - The Shanghai Composite Index is at 3868.00 points, slightly down by 0.01%, with a total trading volume of 1,253.34 billion yuan [1] - 22 A-shares have surpassed the half-year line today, indicating a positive market trend [1] Notable Stocks - The stock "Digital Human" has the highest deviation rate at 15.21%, with a daily increase of 18.40% and a turnover rate of 21.30% [1] - "*ST Baoshi" and "ST Nachuan" also show significant deviation rates of 3.78% and 3.30%, respectively, with daily increases of 3.69% and 6.22% [1] - Other stocks like "Baoming Technology" and "Jingu Co." have smaller deviation rates, just above the half-year line [1] Deviation Rate Rankings - The top three stocks with the highest deviation rates are: 1. Digital Human: 15.21% deviation, latest price 18.08 yuan [1] 2. *ST Baoshi: 3.78% deviation, latest price 5.34 yuan [1] 3. ST Nachuan: 3.30% deviation, latest price 2.56 yuan [1] Additional Stock Performance - Other notable stocks include "Xingang Technology" with a 2.91% deviation and "Wangcheng Technology" with a 2.35% deviation [1] - "Aerospace Electric" and "Bertley" show minor deviations of 1.43% and 1.41%, respectively [1]

Core Viewpoint - ST New Power (300152) reported a narrowing loss in its 2025 interim financial results, with total revenue declining and net profit showing improvement compared to the previous year [1] Financial Performance Summary - Total revenue for the first half of 2025 was 96.96 million yuan, a decrease of 5.66% year-on-year [1] - The net profit attributable to shareholders was -7.29 million yuan, an improvement of 25.91% year-on-year [1] - In Q2 2025, total revenue was 40.49 million yuan, down 43.2% year-on-year, with a net profit of -1.78 million yuan, a decline of 127.84% year-on-year [1] Profitability Metrics - Gross margin was 29.84%, an increase of 17.57% year-on-year [1] - Net margin was -7.52%, improving by 21.47% year-on-year [1] - Total selling, administrative, and financial expenses amounted to 34.74 million yuan, accounting for 35.83% of revenue, a decrease of 2.58% year-on-year [1] Asset and Cash Flow Analysis - Cash and cash equivalents were 4.51 million yuan, down 53.79% year-on-year [1] - Accounts receivable stood at 65.60 million yuan, a decrease of 40.65% year-on-year [1] - Interest-bearing debt was 61.17 million yuan, a reduction of 4.58% year-on-year [1] - The company's cash flow situation is concerning, with cash and cash equivalents to current liabilities at only 1.31% [3] Historical Performance Insights - The company has a median ROIC of -13.7% over the past decade, indicating poor investment returns [3] - The company has reported losses in 6 out of 14 annual reports since its listing, suggesting a lack of consistent profitability [3]

Group 1 - The direct flight route from Kunming, Yunnan to Sihanoukville, Cambodia has resumed, operated by Su Nan Ruili Airlines, with flights scheduled twice a week on Tuesdays and Saturdays [1] - The resumption of the Jiangsu Wuxi to Sihanoukville international passenger route on May 18 significantly facilitates personnel exchanges and promotes economic and cultural interactions between China and Cambodia, particularly boosting the tourism sector [1] - In the first seven months of this year, the number of Chinese tourists visiting the Angkor Wat site in Cambodia reached 53,291, marking a 21% year-on-year increase, making China the largest source of foreign visitors to Angkor Wat [1] Group 2 - Cambodia's Sky Angkor Airlines announced the launch of a year-round charter flight from Phnom Penh to Quanzhou starting September 19, with flights on Mondays and Fridays [1] - Cambodia Angkor Air announced the opening of a direct flight from Sihanoukville to Shenzhen on September 25, following the launch of flights from Phnom Penh to Shenzhen and Siem Reap to Shenzhen in July [1] - China Eastern Airlines plans to open a new international route from Wuhan to Phnom Penh starting September 30, enhancing connectivity between central China and Southeast Asia [1]