Company Overview - Founded in 1993, Hunan Sand Technology Co., Ltd. operates in two main product categories: analytical instruments and unmanned intelligent equipment, along with three service sectors derived from these products [1] - The company's products are primarily used for analyzing and managing coal quality indicators, with applications extending to coke, biomass, solid hazardous waste, and cement raw materials [1] - The company is a leading player in the coal testing instrument and unmanned intelligent equipment sectors, being the only A-share listed company in this niche market [2] Strategic Development - The company focuses on a "vertical extension" and "horizontal expansion" strategy, with unmanned intelligent equipment representing a successful example of the vertical extension strategy [2] - In 2024, the revenue from unmanned intelligent equipment is expected to surpass that of analytical instruments, establishing a second growth curve for the company [2] Market Demand and Trends - The demand for unmanned intelligent equipment is driven by several factors: 1. Traditional industries are undergoing transformation and upgrading, increasing the need for automation and intelligence due to rising labor costs and the need for cost control [2] 2. The slowing population growth in China and the increasing demands for work and living environments make automation a trend [2] 3. Major state-owned enterprises in the energy sector are actively pursuing intelligent upgrades, creating strong demand for relevant products [2] 4. The company has accumulated extensive technical reserves and industry experience over decades in coal analysis and testing [2] Non-Coal Sector Expansion - The company has established a long-standing application of analytical instruments in non-coal sectors such as coke, biomass, solid hazardous waste, and cement [3] - Unmanned intelligent equipment has also received orders in the solid hazardous waste sector, with ongoing research projects in other non-coal areas [3] Future Outlook - The company is optimistic about the future growth of unmanned intelligent equipment, as traditional industries are increasingly adopting digital and intelligent solutions [4] - The demand for unmanned intelligent equipment is expected to remain strong, driven by both existing upgrades and new constructions [4] Capital Operations and Incentives - Currently, the company has no plans for refinancing or mergers and acquisitions, but it is open to exploring opportunities for resource integration [4] - The company has implemented two phases of employee stock ownership plans since its IPO in 2018 and 2020, achieving the desired incentive effects [4]

Company Overview - Founded in 1993, the company operates in two main product groups: analytical instruments and unmanned intelligent equipment, along with three service sectors related to these products [1] - The company's products are primarily used for analyzing coal quality indicators and intelligent management, applicable to various solid combustible materials [1][2] - The company is a leading player in the coal testing equipment and unmanned intelligent equipment market, being the only A-share listed company in this segment [2] Market Dynamics - The demand for analytical instruments is primarily driven by existing customers' need for upgrades, despite a decline in overall market demand [3] - The company maintains a cautious optimism regarding revenue stabilization and growth in 2025, following a decline in its subsidiary's revenue [3][4] Product Transition - The shift towards unmanned intelligent systems has not reduced the overall demand for the company's products; rather, it has led to a transition from traditional analytical instruments to unmanned systems [5][6] - Approximately 60% of new orders for unmanned intelligent equipment in 2024 are from existing power plants undergoing smart upgrades, with an increasing trend in new project orders [8] Profitability and Growth Potential - The gross margin for unmanned intelligent equipment is around 40%, with potential for improvement, although it is unlikely to reach the analytical instruments' level of over 60% [8] - The penetration rate of unmanned intelligent equipment varies by industry, with higher rates in the coal power sector compared to other industries [7] Strategic Focus - The company is focused on deepening its market presence in the "instruments" and "automation" sectors, implementing both vertical and horizontal growth strategies [2] - The ongoing digital transformation in the coal power industry is expected to drive demand for the company's products, supported by favorable policies and market conditions [6]

Market Performance - A-shares saw collective gains on June 23, with the Shanghai Composite Index rising by 0.65% to close at 3381.58 points, the Shenzhen Component Index increasing by 0.43% to 10048.39 points, and the ChiNext Index up by 0.39% to 2017.63 points [1] - The total trading volume in the Shanghai and Shenzhen markets reached 112.26 billion yuan, an increase of 54.9 billion yuan compared to the previous Friday [1] Sector Performance - Almost all industry sectors experienced gains, with notable increases in energy metals, mining, shipping ports, software development, oil, battery, computer equipment, and internet services, while the liquor industry saw a decline [1] - The digital currency sector had significant gains, driven by the rise of the US stablecoin Circle, which surged by 20% last Friday, and the official launch of domestic cross-border payments [1] Chip and Semiconductor Sector - Chip and semiconductor equipment stocks also performed well, influenced by the US's threat to revoke exemptions for several global semiconductor giants related to China, which is seen as a positive for domestic alternatives [2] - Anticipation of strong performance in the tech sector for the first half of the year is building ahead of upcoming semi-annual reports [2] Technical Analysis - The Shanghai Composite Index did not touch the 60-day moving average during its pullback, indicating strong support at this level, and closed above the 20-day moving average, suggesting limited downside potential [2] - Increased trading volume and a rare inflow of over 8 billion yuan from main funds indicate a recovery in market confidence [2] Local Stock Performance - In Hunan stocks, 118 out of 146 stocks rose, with four stocks increasing by over 10%, led by Sand Technology, which surged by 19.98% [3] - Sand Technology specializes in the research, production, and sales of experimental analysis instruments and intelligent control solutions for fuel, reporting a net profit growth of 45.38% year-on-year in its latest quarterly report [3]

（原标题：机械设备行业资金流出榜：英维克、川润股份等净流出资金居前） 机械设备行业资金流出榜 | 代码 | 简称 | 今日涨跌幅（%） | 今日换手率（%） | 主力资金流量（万元） | | --- | --- | --- | --- | --- | | 002837 | 英维克 | -4.62 | 5.67 | -16276.18 | | 002272 | 川润股份 | 0.09 | 32.89 | -12668.90 | | 600520 | 三佳科技 | -2.66 | 10.05 | -10272.17 | | 002490 | 山东墨龙 | 9.97 | 30.32 | -9260.45 | | 300276 | 三丰智能 | -0.29 | 3.35 | -7939.33 | | 002097 | 山河智能 | -0.48 | 4.66 | -6538.23 | 沪指6月23日上涨0.65%，申万所属行业中，今日上涨的有28个，涨幅居前的行业为计算机、国防军 工，涨幅分别为2.25%、1.97%。机械设备行业今日上涨0.82%。跌幅居前的行业为食品饮料、家用电 器、钢铁，跌幅分别为0.80%、0. ...

Core Points - The Shanghai Composite Index closed at 3365.07 points, below the five-day moving average, with a change of 0.15% [1] - The total trading volume of A-shares reached 683.87 billion yuan [1] - A total of 820 A-shares have prices that surpassed the five-day moving average [1] Individual Stock Performance - SanDe Technology (300515) had a price increase of 19.98% with a deviation rate of 13.78% from the five-day moving average [2] - HaiXin Energy Technology (300072) saw a price increase of 20.06% with a deviation rate of 12.77% [2] - QiLin Information Security (688152) experienced a price increase of 13.18% with a deviation rate of 9.66% [2] - Other notable stocks include TengYuan Cobalt (301219) with a 14.39% increase and a 9.34% deviation rate, and Jiangsu BoYun (301003) with a 14.60% increase and a 9.11% deviation rate [2]

证券代码：300515 证券简称：三德科技 公告编号：2025-021 湖南三德科技股份有限公司 2024 年年度权益分派实施公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： 1、湖南三德科技股份有限公司（以下简称"公司"）2024 年度利润分配方案 为：以公司现有总股本 205,754,500 股扣减回购专用证券账户 4,993,350 股后的 200,761,150 股为基数，向全体股东每 10 股派发现金红利 3.00 元（含税），不 送红股，不以资本公积金转增股本。在本公告披露之日起至实施权益分派股权登 记日期间，如公司总股本发生变动，公司将按现金分红比例不变的原则做相应调 整。 2、本次权益分派实施后，按公司总股本折算的每股现金分红及据此计算的 除权除息参考价相关参数和公式计算如下： 按总股本折算的每 10 股现金红利（含税）=本次现金分红总额÷公司总股本 ×10=60,228,345.00 ÷ 205,754,500 ×10≈ 2.927194 元（保留 6 位小数，最后一位直 接截取，不四舍五入） 本次权益分派实施后的除权除息价格 ...

Company Overview - Founded in 1993, the company operates in two main product groups: analytical instruments and unmanned intelligent equipment, along with technical services [1] - Products are primarily used for coal quality analysis and management, applicable to various solid combustible materials [1] - The company is a leading player in the coal detection instrument and unmanned intelligent equipment sectors, being the only A-share listed company in this niche [2] Market Position and Orders - As of Q1 2025, the company reported a 43% year-on-year increase in orders on hand, with new bids reaching a record high for the same period [2] - Most orders for unmanned intelligent equipment are from existing power plants undergoing upgrades, indicating significant market potential [2] - The company has established a second growth curve with unmanned intelligent equipment surpassing analytical instruments in revenue for the first time in 2024 [2] Competitive Landscape - The company has over 30 years of experience in the coal quality analysis instrument sector and is one of the few manufacturers with complete proprietary rights for unmanned intelligent equipment [3] - The market is highly specialized, and there is a lack of authoritative market share data [3] Customer Engagement and Services - The company provides essential data for industries such as thermal power, coal, metallurgy, and chemicals, which operate continuously [4] - To enhance customer loyalty, the company offers professional and convenient technical services, including remote diagnostics and intelligent management [5] Industry Demand Trends - Demand for unmanned intelligent equipment originated in the thermal power sector, where coal costs typically exceed 70% [6] - Other industries are still in pilot or partial application stages, indicating potential for future growth [6] Production Capacity - The company’s manufacturing base in Changxing significantly increased production capacity after its launch in 2023, with sufficient capacity to meet future operational needs [7] International Market Strategy - Currently, the company’s overseas business mainly involves analytical instruments, as conditions for exporting intelligent equipment are not yet fully mature [8] - The company plans to explore opportunities for exporting intelligent equipment as it accumulates market experience domestically [8] Investment and Acquisition Plans - The company has no current plans for investments or acquisitions but will monitor industry dynamics for potential resource integration opportunities [9]

Company Overview - Founded in 1993, the company operates in two main product groups: analytical instruments and unmanned intelligent equipment, along with related technical services [1] - Products are primarily used for coal quality analysis and management, with applications extending to coke, biomass, solid hazardous waste, and cement [1] - The company serves various industries including thermal power, coal, metallurgy, chemicals, construction materials, and research [1] Market Position - The company is a leading player in the coal detection instruments and unmanned intelligent equipment sector, being the only A-share listed company in this niche [2] - It has over 30 years of experience in the market, establishing a significant competitive advantage [3] - There are no directly comparable listed companies in A-shares, with major non-listed competitors being Changsha Kaiyuan Instruments [3] Business Performance - In 2024, the revenue from unmanned intelligent equipment surpassed that of analytical instruments, marking a new growth trajectory [2] - As of Q1 2025, the company reported a 43% year-on-year increase in backlog orders, with new contracts meeting expectations [10] - The average project budget for traditional coal detection equipment ranges from 1 to 3 million RMB, while comprehensive unmanned intelligent systems exceed 10 million RMB [6] Product Delivery and Demand - The standard delivery cycle for unmanned intelligent equipment is between 6 to 12 months, with an increasing order delivery pace noted in 2024 [4][5] - Demand for unmanned intelligent equipment varies by industry, with higher penetration in coal power compared to other sectors [7] Future Outlook - The company maintains a cautiously optimistic view on the market prospects for unmanned intelligent equipment, driven by industry trends and its competitive position [10] - There are ongoing projects in non-coal sectors, including hazardous waste and other materials analysis [11] Financial Management - The company has not yet received redemption funds from a trust financial product and has made full asset impairment provisions for overdue products [12] - There are ongoing explorations of various incentive mechanisms to attract and retain talent, with previous stock incentive plans achieving their intended effects [13]

湖南启元律师事务所 法律意见书 湖南启元律师事务所 关于湖南三德科技股份有限公司 2024年年度股东大会的 法律意见书 二〇二五年五月 湖南省长沙市芙蓉区建湘路393号世茂环球金融中心63层 电话： 0731-8295 3778传真：0731-8295 3779 网站： www.qiyuan.com 湖南启元律师事务所 法律意见书 湖南启元律师事务所（以下简称"本所"）接受湖南三德科技股份有限公司（以 下简称"公司"）的委托，指派本所律师出席了公司2024年年度股东大会（以下简 称"本次股东大会"），对本次股东大会的召集和召开程序、出席会议人员及召集 人的资格、表决程序和表决结果的合法有效性进行现场律师见证，并发表本法律 意见。 本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中 华人民共和国证券法》（以下简称"《证券法》"）、《上市公司股东会规则》（以 下简称"《股东会规则》"）等我国现行法律、法规、规范性文件以及《湖南九典 制药股份有限公司章程》（以下简称"《公司章程》"）的有关规定出具本法律意 见书。 本所律师声明如下： （一）本所律师根据本法律意见书出具日以前已经发生或者存在的事实， ...

证券代码：300515 证券简称：三德科技 公告编号：2025-020 湖南三德科技股份有限公司 2024 年年度股东大会决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： 1、本次股东大会无新增、变更、否决提案的情况； 2、本次股东大会不涉及变更前次股东大会决议。 一、会议召开情况 1、湖南三德科技股份有限公司（以下简称"公司"） 2024 年年度股东大会 会议通知于 2025 年 4 月 21 日以公告的形式发出（具体内容详见当日于巨潮 资讯网披露的公告，公告编号：2025-018），本次会议采取现场投票和网络投票相 结合的方式召开。 2、会议召开的日期、时间 （1）现场会议召开时间：2025 年 5 月 16 日（星期五）14:30 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2025 年 5 月 16 日 9:15-9:25，9:30-11:30 和 13:00-15:00；通过深圳证券交易所 互联网投票系统进行网络投票的具体时间为 2025 年 5 月16 日 9:15至15:00期 间的任意时间。 3、股东 ...