Core Viewpoint - Nanhua Instrument has made significant acquisitions to strengthen its position in the market, including a 51% stake in Weikelian Information and a 39.4745% stake in Jiadeli, which will enhance its operational capabilities and market presence [1][2]. Group 1: Acquisitions - On October 27, 2024, Nanhua Instrument signed an agreement to acquire a 51% stake in Weikelian Information for approximately 29.95 million yuan through equity transfer and capital increase [1]. - On December 31, 2024, Nanhua Instrument agreed to acquire a 39.4745% stake in Jiadeli for 76.38 million yuan, increasing its total ownership to 54.4745% [1]. Group 2: Financing - Nanhua Instrument planned to apply for a merger loan of up to 70 million yuan to finance the acquisitions of Weikelian Information and Jiadeli [2]. - The company decided to terminate the merger loan agreement with China Merchants Bank to reduce financial costs, opting to use its own funds for the acquisitions instead [3].

Core Viewpoint - The company has decided to terminate the previously signed merger loan contract with China Merchants Bank Foshan Branch, opting to use its own funds for acquisitions instead, which aligns with its strategic planning and long-term development goals [2] Group 1 - The company plans to apply for a merger loan of no more than 70 million yuan to finance the acquisition of a 51% stake in Nanchang Weike Lian Information Technology Co., Ltd. and a 39.4745% stake in Guangdong Jiade Li Clean Technology Co., Ltd. [1] - The company intends to provide guarantees for the merger loan through pledging shares or other self-owned assets, as per the bank's requirements [1] Group 2 - The acquisition of the 51% stake in Weike Lian Information has been completed using the company's own funds [2] - The first phase payment for the cash acquisition of Jiade Li's shares has also been made using self-owned funds, with plans to continue using self-owned funds for subsequent payments [2] - Terminating the merger loan will effectively reduce the company's financial costs and will not adversely affect its financial and operational status [2]

北京市中伦（广州）律师事务所 关于佛山市南华仪器股份有限公司 2025 年第二次临时股东大会的 法律意见书 二〇二五年十一月 北京市中伦（广州）律师事务所 关于佛山市南华仪器股份有限公司 2025 年第二次临时股东大会的 法律意见书 致：佛山市南华仪器股份有限公司 北京市中伦（广州）律师事务所（以下简称"本所"）接受佛山市南华仪器 股份有限公司（以下简称"公司"）委托，指派刘子丰律师和曾思律师（以下简 称"本所律师"）对公司 2025 年第二次临时股东大会（以下简称"本次股东大会"） 的合法性进行见证并出具法律意见。 本所及本所律师依据《中华人民共和国证券法》（以下简称"《证券法》"）、 《律师事务所从事证券法律业务管理办法》和《律师事务所证券法律业务执业规 则（试行）》等规定及本法律意见书出具日以前已经发生或者存在的事实，严格 履行了法定职责，遵循了勤勉尽责和诚实信用原则，进行了充分的核查验证，保 证本法律意见所认定的事实真实、准确、完整，所发表的结论性意见合法、准确， 不存在虚假记载、误导性陈述或者重大遗漏，并承担相应法律责任。 本法律意见书根据《中华人民共和国公司法》（以下简称"《公司法》"）、《证 券 ...

佛山市南华仪器股份有限公司 2025 年第二次临时股东大会会议决议的公告 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。 特别提示： 股票代码：300417 股票简称：南华仪器 公告编号：2025-042 1、本次股东大会无增加、变更、否决议案的情况。 2、本次股东大会以现场会议、网络投票相结合的方式召开。 一、会议召开和出席情况 （一） 会议召开情况 1、现场会议召开的日期和时间：2025年11月14日（星期五）下午14:30。 2、网络投票的日期和时间：2025年11月14日（星期五）。 其中：通过深圳证券交易所交易系统进行网络投票的时间：2025年11月14 日上午9:15－9:25，9:30－10:30，下午13:00－15:00；通过深圳证券交易所 互联网系统投票的具体时间为：2025年11月14日上午9:15至下午15:00期间的 任意时间。 3、现场会议召开地点：广东省佛山市南海区桂城街道科泓路1号公司二楼 会议室。 4、召集人：公司董事会。 5、主持人：董事长杨耀光先生。 6、召开方式：现场投票与网络投票相结合的方式。 7、本次股东大会的会议召 ...

本公司及董事会全体董事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、并购贷款事项概述 佛山市南华仪器股份有限公司（以下简称"公司"）于 2024 年 12 月 31 日召开 第五届董事会第八次会议，审议通过了《关于公司向银行申请并购贷款的议案》， 同意公司向银行申请并购贷款不超过 7,000 万元，分别用于支付公司以股权受让及 增资方式收购南昌市微轲联信息技术有限公司(以下简称"微轲联信息")51%股权 的部分并购款、公司拟以现金收购广东嘉得力清洁科技股份有限公司（以下简称 "嘉得力"）39.4745%的股份的部分并购款。公司计划将相关并购事项取得的标的 公司全部或部分股权/股份质押或以其他自有资产抵押/质押、关联方无偿保证等合 法方式，为上述并购贷款提供担保，具体以银行贷款的实际要求为准。具体详情 见公司于 2025 年 1 月 1 日在巨潮资讯网披露的《关于公司向银行申请并购贷款的 公告》。 上述两个并购项目公司分别与招商银行股份有限公司佛山分行签订了《并购贷 款合同》和《质押合同》，截至本公告披露日，公司尚未提款、尚未办理股权质押 相关手续，具体详情见公司于 2025 ...

Core Viewpoint - Nanhua Instrument, established in 1996 and listed in 2015, specializes in vehicle and environmental monitoring equipment, showcasing technical advantages in its field [1] Group 1: Business Performance - For Q3 2025, Nanhua Instrument reported revenue of 110 million, ranking 59th among 61 companies in the industry, with the top company, Chuan Yi Co., achieving 4.89 billion [2] - The net profit for the same period was -1.9965 million, placing it 48th in the industry, while the leading company reported a net profit of 469 million [2] Group 2: Financial Ratios - As of Q3 2025, the company's debt-to-asset ratio was 9.87%, significantly lower than the industry average of 27.43%, indicating strong solvency [3] - The gross profit margin for Q3 2025 was 42.61%, slightly below the industry average of 43.50, reflecting a profitability level close to the industry average [3] Group 3: Executive Compensation - Chairman Yang Yaoguang's salary for 2024 is 426,300, a decrease of 7,000 from 2023 [4] - General Manager Liang Weiming's salary for 2024 is 477,900, an increase of 143,700 from the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 8.31% to 11,100, with an average holding of 7,899.88 shares, which is an increase of 9.06% [5]

Core Viewpoint - Nanhua Instrument experienced a 5.06% increase in stock price, reaching 14.12 CNY per share, with a total market capitalization of 1.9 billion CNY as of October 30 [1] Company Overview - Nanhua Instrument Co., Ltd. is located in Nanhai District, Foshan City, Guangdong Province, and was established on April 24, 1996. It was listed on January 23, 2015 [1] - The company specializes in the research, production, and sales of motor vehicle testing equipment and systems, as well as environmental monitoring equipment and systems [1] - The revenue composition of the company includes: 93.29% from motor vehicle testing equipment and systems, 2.73% from environmental testing equipment and systems, 2.52% from urban and rural digital comprehensive solutions, and 1.46% from vehicle management industry networked software [1] Shareholder Information - Noan Fund's Noan Multi-Strategy Mixed A (320016) has entered the top ten circulating shareholders of Nanhua Instrument, holding 943,400 shares, which is 1.08% of the circulating shares [2] - The fund has achieved a year-to-date return of 67.93%, ranking 480 out of 8,152 in its category, and a one-year return of 77.49%, ranking 301 out of 8,038 [2] Fund Manager Performance - The fund manager, Kong Xianzheng, has a tenure of 4 years and 339 days, with a total fund asset size of 5.608 billion CNY and a best return of 85.03% during his tenure [3] - Wang Haichang, another fund manager, has a tenure of 3 years and 101 days, managing assets of 3.427 billion CNY, with a best return of 72.01% during his tenure [3]

Core Viewpoint - The financial report of Nanhua Instrument (stock code: 300417) for the third quarter of 2025 shows significant growth in revenue and net profit, indicating a positive trend in the company's performance despite some challenges in cash flow and asset management [2]. Financial Data Summary - The company's operating revenue for the reporting period reached 46,738,952.48 CNY, representing a 53.63% increase compared to the same period last year [2]. - The net profit attributable to shareholders was 966,377.66 CNY, a substantial increase of 136.34% year-on-year [2]. - The net profit after deducting non-recurring gains and losses was 416,251.51 CNY, up 112.94% from the previous year [2]. - The basic and diluted earnings per share were both 0.0072 CNY, reflecting a 136.36% increase compared to the same period last year [2]. - Total assets at the end of the reporting period were 533,698,067.60 CNY, a slight decrease of 0.27% from the end of the previous year [2]. Non-Recurring Gains and Losses - The report includes non-recurring gains and losses, with a total of 550,126.15 CNY for the reporting period, down from 1,264,898.17 CNY in the previous year [4]. Changes in Key Financial Metrics - Cash and cash equivalents increased by 35.90% to 126,447,053.51 CNY, primarily due to the redemption of certain financial products [7]. - Trade financial assets decreased by 32.33% to 84,634,335.96 CNY, also due to the redemption of financial products [7]. - Contract liabilities increased by 101.41% to 19,984,746.77 CNY, indicating a rise in advance payments received [8]. - The net cash flow from operating activities was -2,666,260.28 CNY, a decrease of 158.60% year-on-year, mainly due to payments for materials and performance bonuses [8]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,084, with the top ten shareholders holding significant stakes [10]. - The largest shareholder, Yang Yaoguang, holds 12.35% of the shares, followed by Li Yuan with 11.81% and Deng Zhiyi with 11.30% [10]. Other Significant Events - The company completed the acquisition of a controlling stake in Guangdong Jiade Power Clean Technology Co., Ltd., increasing its holdings to 54.47% [15].

Core Insights - Nanhua Instrument reported a revenue of 110 million yuan for the first three quarters of 2025, representing a year-on-year increase of 63.60% [1] - The company recorded a net profit attributable to shareholders of -180,000 yuan, a decline of 100.97% year-on-year [1] - The basic earnings per share stood at -0.00 yuan [2] Financial Performance - The gross profit margin for the first three quarters of 2025 was 42.61%, an increase of 3.01 percentage points year-on-year [2] - The net profit margin was -1.82%, a decrease of 29.35 percentage points compared to the same period last year [2] - In Q3 2025, the gross profit margin was 37.64%, up 0.55 percentage points year-on-year but down 6.18 percentage points quarter-on-quarter [2] - The net profit margin for Q3 2025 was 1.76%, an increase of 10.50 percentage points year-on-year but a decrease of 3.26 percentage points from the previous quarter [2] Expense Analysis - Total operating expenses for the period were 49.28 million yuan, an increase of 13.43 million yuan year-on-year [2] - The expense ratio was 44.82%, down 8.52 percentage points from the same period last year [2] - Sales expenses increased by 36.25%, management expenses by 31.50%, R&D expenses by 39.14%, and financial expenses by 74.83% year-on-year [2] Shareholder Information - As of the end of Q3 2025, the total number of shareholders was 11,100, a decrease of 1,004 or 8.31% from the end of the previous half [3] - The average market value of shares held per shareholder increased from 139,300 yuan to 158,600 yuan, a growth of 13.85% [3] Company Overview - Nanhua Instrument, established on April 24, 1996, and listed on January 23, 2015, is located in Nanhai District, Foshan, Guangdong Province [3] - The company specializes in the R&D, production, and sales of motor vehicle testing equipment and systems, as well as environmental monitoring equipment and systems [3] - The revenue composition includes 93.29% from motor vehicle testing equipment, 2.73% from environmental monitoring equipment, 2.52% from urban digital solutions, and 1.46% from vehicle management software [3] - The company belongs to the machinery and equipment industry, specifically in general equipment and instrumentation [3]

股票代码：300417 股票简称：南华仪器 公告编号：2025-047 佛山市南华仪器股份有限公司 关于召开 2025 年第二次临时股东大会的通知 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。 佛山市南华仪器股份有限公司（以下简称"公司"）第五届董事会第十二次 会议决定于 2025 年 11 月 14 日（星期五）14:30 召开公司 2025 年第二次临时股 东大会(下称"本次股东大会"），现就召开本次股东大会的相关事项通知如下： 一、召开会议基本情况 1．股东大会届次：2025 年第二次临时股东大会。 2．股东大会的召集人：公司董事会。公司于 2025 年 10 月 27 日召开第五届 董事会第十二次会议审议通过《关于提请召开 2025 年第二次临时股东大会的议 案》。 4．会议召开的日期、时间： （1）现场会议召开的日期和时间：2025 年 11 月 14 日（星期五）下午 14:30。 （2）网络投票的日期和时间：2025 年 11 月 14 日（星期五）。 其中：通过深圳证券交易所交易系统进行网络投票的时间：2025 年 11 月 14 日上午 9 ...