Core Viewpoint - The announcement from Jing Sheng Mechanical & Electrical (300316) indicates that certain directors and senior management plan to reduce their shareholding in the company, which may impact investor sentiment and stock performance [1] Group 1: Shareholding Reduction - Directors and senior management, including Zhu Liang, Fu Linjian, Zhang Jun, Lu Xiaowen, and Shi Gang, plan to reduce their holdings by a total of up to 2.7762 million shares [1] - This reduction represents approximately 0.21% of the company's total share capital after excluding shares held in the repurchase special account [1] - The reduction will be executed through centralized bidding or block trading methods [1]

(本文来自第一财经) 晶盛机电公告，公司董事及高级管理人员朱亮，高级管理人员傅林坚、张俊、陆晓雯、石刚合计持有公 司股份11104816股，占公司剔除回购专用账户股份后的总股本比例0.85%，计划在本公告披露之日起15 个交易日后的三个月内以集中竞价或大宗交易方式减持公司股份合计不超过2776203股，占公司剔除回 购专用账户股份后的总股本比例0.21%。减持原因为个人资金需求。 ...

Group 1 - The company Jing Sheng Mechanical & Electrical (SZ 300316) announced that its directors and senior management plan to reduce their holdings by up to approximately 2.78 million shares, representing 0.21% of the total share capital after excluding repurchased shares, within a three-month period starting from November 8, 2025 [1][1][1] - As of the announcement date, the total shares held by the company's directors and senior management amount to approximately 11.1 million shares, which is 0.85% of the total share capital after excluding repurchased shares [1][1][1] - For the first half of 2025, the company's revenue composition shows that the crystal silicon growth equipment manufacturing accounts for 91.58%, while other businesses contribute 8.42% [1][1][1] Group 2 - The current market capitalization of Jing Sheng Mechanical & Electrical is 53.5 billion yuan [1][1][1]

Summary of Key Points Core Viewpoint - The company Jing Sheng Mechanical & Electrical (300316.SZ) announced that its directors and senior management plan to reduce their shareholding in the company within a specified timeframe, indicating potential changes in insider ownership dynamics [1] Group 1: Shareholding Details - As of the announcement date, the total shares held by directors and senior management, including Mr. Zhu Liang, Mr. Fu Linjian, Mr. Zhang Jun, Ms. Lu Xiaowen, and Mr. Shi Gang, amount to 11,104,816 shares, representing 0.85% of the company's total share capital after excluding shares in the repurchase account [1] - The planned reduction involves a maximum of 2,776,203 shares, which constitutes 0.21% of the company's total share capital after excluding shares in the repurchase account [1] Group 2: Reduction Timeline - The share reduction is scheduled to occur within three months, starting from November 8, 2025, to February 7, 2026, through centralized bidding or block trading methods [1]

Core Viewpoint - The company Jing Sheng Mechanical & Electrical announced that its directors and senior management plan to reduce their holdings by a total of 2.7762 million shares, representing 0.21% of the company, between November 8, 2025, and February 7, 2026 [1] Group 1 - The total shares held by directors and senior management amount to 11.1048 million shares, which is 0.85% of the company [1] - The planned reduction will occur through centralized bidding or block trading methods [1]

Core Viewpoint - Jing Sheng Mechanical & Electrical (300316.SZ) announced that its directors and senior management plan to reduce their shareholdings due to personal financial needs [1] Group 1: Shareholding Details - The total shares held by directors and senior management, including Zhu Liang, Fu Linjian, Zhang Jun, Lu Xiaowen, and Shi Gang, amount to 11,104,816 shares, representing 0.85% of the total share capital after excluding shares in the repurchase account [1] - The planned reduction in shareholdings is up to 2,776,203 shares, which accounts for 0.21% of the total share capital after excluding shares in the repurchase account [1] Group 2: Reduction Plan - The reduction will take place within three months following the announcement, starting 15 trading days after the disclosure [1]

Core Viewpoint - The company announced that its directors and senior management plan to reduce their holdings by a total of 2.7762 million shares, representing 0.21% of the total shares, between November 8, 2025, and February 7, 2026 [1] Summary by Relevant Sections - **Shareholding Details** - The total shares held by directors and senior management, including Zhu Liang, Fu Linjian, Zhang Jun, Lu Xiaowen, and Shi Gang, amount to 11.1048 million shares, which is 0.85% of the total shares [1] - **Reduction Plan** - The planned reduction of shares will occur through centralized bidding or block trading methods [1]

证券代码：300316 证券简称：晶盛机电 编号：2025-032 公司董事及高级管理人员朱亮先生，高级管理人员傅林坚先生、张俊先生、 陆晓雯女士、石刚先生截至本公告披露日合计持有公司股份11,104,816股，占公 司剔除回购专用账户股份后的总股本比例0.85%，计划在本公告披露之日起15个 交易日后的三个月内（即2025年11月8日-2026年2月7日）以集中竞价或大宗交易 方式减持公司股份合计不超过2,776,203股，占公司剔除回购专用账户股份后的总 股本比例0.21%。 浙江晶盛机电股份有限公司（以下简称"公司"）于近日收到朱亮先生、傅林 坚先生、张俊先生、陆晓雯女士、石刚先生出具的股份减持计划告知函，现将有 关情况公告如下： | 姓名 | 职务 | 持股数（股） | 持股比例（不含回购专户） | | --- | --- | --- | --- | | 朱亮 | 董事、副总裁 | 4,300,292 | 0.33% | | 傅林坚 | 运营副总裁 | 2,424,726 | 0.19% | | 张俊 | 副总裁 | 3,011,298 | 0.23% | | 陆晓雯 | 副总裁、财务总监兼 董事会秘 ...

Core Viewpoint - The company, Jing Sheng Mechanical & Electrical (300316), is advancing its capabilities in semiconductor substrate materials, particularly in silicon carbide (SiC) and sapphire substrates, with significant developments in production and technology [1][2][3]. Semiconductor Substrate Materials - The company has established a leading position in sapphire substrate materials and is among the top in domestic 8-inch silicon carbide substrate technology, having also made breakthroughs in 12-inch SiC crystal growth technology [1][2]. - The first 12-inch SiC substrate processing pilot line has been officially launched, achieving 100% domestic equipment and technology, marking a transition from parallel development to leading in global SiC substrate technology [2][3]. - The pilot line encompasses the entire process from crystal growth to detection, utilizing domestically developed high-precision equipment, thus forming a complete closed loop for 12-inch SiC substrates [3]. Production Capacity Layout - The company is actively expanding its SiC production capacity, with a project in Shangyu aiming for an annual output of 300,000 SiC substrates and an 8-inch SiC substrate industrialization project in Penang, Malaysia [4]. - Additionally, a project in Yinchuan is set to produce 600,000 pieces of 8-inch SiC substrates annually, reinforcing the company's technological and scale advantages in the SiC substrate materials sector [4]. Semiconductor Equipment Sector - The company’s main products include semiconductor equipment, substrate materials, and semiconductor consumables, with a focus on domestic production of 8-12 inch silicon wafer equipment and advancements in third-generation semiconductor SiC equipment [5]. - As of June 30, 2025, the company has unfulfilled contracts for integrated circuit and compound semiconductor equipment exceeding 3.7 billion yuan (including tax), indicating strong demand in the semiconductor sector [5]. Financial Performance - For the first half of 2025, the company reported a main revenue of 5.799 billion yuan, a year-on-year decrease of 42.85%, and a net profit of 639 million yuan, down 69.52% year-on-year [6]. - The second quarter of 2025 saw a significant decline in revenue and net profit, with a revenue of 2.661 billion yuan, down 52.8% year-on-year, and a net profit of approximately 66 million yuan, down 93.56% year-on-year [6]. Analyst Ratings and Predictions - Over the past 90 days, 8 institutions have provided ratings for the stock, with 7 buy ratings and 1 hold rating, and the average target price set at 34.82 yuan [6][7]. - Profit forecasts for 2025 to 2027 show a projected net profit of approximately 1.069 billion yuan in 2025, increasing to 1.523 billion yuan by 2027 [7].

Core Viewpoint - The company has successfully launched its first 12-inch silicon carbide substrate processing pilot line at its subsidiary, Zhejiang Jingrui SuperSiC, achieving full self-research and development of equipment from crystal growth to processing and testing, with 100% localization [1] Group 1 - The pilot line commenced operations on September 26 [1] - The company aims to accelerate the mass production process of the production line [1] - The goal is to provide customers with high-quality, low-cost large-size silicon carbide substrates [1]