公司根据《企业会计准则第16号——政府补助》的有关规定，确认上述款项 属于与收益相关的政府补助，将上述政府补助计入其他收益科目1,947,500.00 元。上述政府补助未经审计，具体的会计处理以及对公司2025年度损益的影响须 以会计师事务所年度审计确认后的结果为准。 杭州集智机电股份有限公司 关于收到政府补助的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、误 导性陈述或重大遗漏。 一、获取补助的基本情况 杭州集智机电股份有限公司（以下简称"公司"）控股子公司杭州谛听智能 科 技 有 限 公 司 于 2025 年 11 月 21 日 收 到 杭 州 市 余 杭 区 财 政 局 拨 付 的 1,947,500.00 元政府补助，占公司 2024 年度经审计归属于上市公司股东净利润 的 10.20%，补助形式为现金。 上述政府补助系与收益相关的政府补助，与日常的生产经营活动相关，但不 具有可持续性。 二、补助的类型及其对上市公司的影响 | 证券代码：300553 | 证券简称：集智股份 | 公告编号：2025-069 | | --- | --- | --- | | 债券代码：123245 ...

Group 1 - The core point of the article is that Jizhi Co., Ltd. held its 16th meeting of the 5th Board of Directors on November 14, 2025, to discuss the election of audit committee members and other related documents [1] - For the fiscal year 2024, Jizhi Co., Ltd.'s revenue composition is as follows: balancing machines and accessories account for 70.35%, automation equipment for 14.73%, testing machines for 8.76%, and information systems and services for 6.16% [1] - As of the time of reporting, Jizhi Co., Ltd. has a market capitalization of 4 billion yuan [1]

杭州集智机电股份有限公司 第五届董事会第十六次会议决议公告 | 证券代码：300553 | 证券简称：集智股份 | 公告编号：2025-068 | | --- | --- | --- | | 债券代码：123245 | 债券简称：集智转债 | | 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、误 导性陈述或重大遗漏。 杭州集智机电股份有限公司（以下简称"公司"）第五届董事会第十六次会 议于 2025 年 11 月 14 日在公司会议室召开，经全体董事一致同意，本次董事会 会议豁免通知时限要求，会议通知于 2025 年 11 月 14 日以电话等方式发出。会 议应到董事 9 人，实到董事 9 人。公司高级管理人员列席了本次会议。本次会议 由公司董事长楼荣伟先生召集并主持。会议召开符合《中华人民共和国公司法》 （以下简称"《公司法》"）、《杭州集智机电股份有限公司章程》（以下简称 "《公司章程》"）的有关规定，合法、有效。 经与会董事充分讨论，一致通过了如下决议： 1、审议通过《关于选举审计委员会成员及推选召集人的议案》 根据《公司法》《公司章程》等相关规定，公司董事会审计委员会行使监事 会职 ...

集智股份 2025 年第二次临时股东大会法律意见书 国浩律师（杭州）事务所 国浩律师（杭州）事务所 关 于 杭州集智机电股份有限公司 2025 年第二次临时股东大会 法律意见书 地址：杭州市上城区老复兴路白塔公园 B 区 2 号、15 号国浩律师楼 邮编：310008 Grandall Building, No.2＆No.15, Block B, Baita Park, Old Fuxing Road, Hangzhou, Zhejiang 310008, China 电话/Tel: (+86)(571) 8577 5888 传真/Fax: (+86)(571) 8577 5643 电子邮箱/Mail：grandallhz@grandall.com.cn 网址/Website：http://www.grandall.com.cn 二〇二五年十一月 集智股份 2025 年第二次临时股东大会法律意见书 国浩律师（杭州）事务所 国浩律师（杭州）事务所 关 于 杭州集智机电股份有限公司 2025 年第二次临时股东大会 法律意见书 致：杭州集智机电股份有限公司 国浩律师（杭州）事务所（以下简称"本所"）接受杭州集智机电 ...

2025 年第二次临时股东大会决议公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、误 导性陈述或重大遗漏。 | 证券代码：300553 | 证券简称：集智股份 | 公告编号：2025-067 | | --- | --- | --- | | 债券代码：123245 | 债券简称：集智转债 | | 杭州集智机电股份有限公司 特别提示： 1、本次股东大会无增加、变更、否决提案的情况； 一、会议召开情况 杭州集智机电股份有限公司（以下简称"公司"）2025 年第二次临时股东 大会于 2025 年 11 月 14 日下午 14:30 在杭州市余杭区良渚街道七贤路 1-1 号杭 州集智机电股份有限公司办公楼会议室召开，本次会议采取现场投票与网络投票 结合的表决方式。其中： （1）现场会议召开时间：2025 年 11 月 14 日（星期五）下午 14:30 （2）网络投票时间：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为：2025 年 11 月 14 日上午 9:15-9:25、9:30-11:30，下午 13:00-15:00；通过深圳证券交易所 ...

Core Viewpoint - The company reported strong revenue growth in the first three quarters of 2025, but profit growth has slowed significantly due to fair value changes and declining gross margins [1][2][3]. Financial Performance - For the first three quarters of 2025, the company achieved revenue of 235 million, a year-on-year increase of 42.78%, and a net profit attributable to shareholders of 32 million, up 133.25% year-on-year [1]. - In Q3 alone, revenue was 74 million, reflecting a year-on-year growth of 26.73%, while net profit attributable to shareholders was 9 million, up 47.82% year-on-year [1]. - The gross margin for the first three quarters was 41.78%, down 2.42 percentage points year-on-year, with Q3 gross margin at 44.82%, showing a quarter-on-quarter increase but a year-on-year decline of 2.76 percentage points [1]. Expense Analysis - The company's expense ratio for the first three quarters was 32.30%, a decrease of 10.59 percentage points year-on-year, with specific rates for sales, management, R&D, and financial expenses [2]. - In Q3, the expense ratio rose to 38.99%, a year-on-year decrease of 4.93% but an increase of 13.39% quarter-on-quarter, primarily due to higher interest expenses from convertible bonds and costs associated with the Zhizhi Port Center building [2]. Growth Drivers - The company achieved significant breakthroughs in high-end domestic substitution and its "Diti" business, with the successful validation of the "DG3 High-Speed Balancing and Overspeed Testing Equipment" marking a major step in domestic technology [3]. - A strategic cooperation framework agreement was signed with an undisclosed entity to collaborate on underwater acoustic signal processing technology, indicating progress towards commercialization of new growth areas [3]. Profit Forecast - The company forecasts net profits attributable to shareholders of 53 million, 97 million, and 170 million for 2025, 2026, and 2027, respectively, with corresponding price-to-earnings ratios of 78, 43, and 24 [3].

Investment Rating - The investment rating for the company is "Buy" (maintained) [5] Core Views - The company is experiencing high growth rates, driven by "domestic substitution + deep-sea technology" advancements [5] - The company reported a significant increase in revenue and net profit for the first three quarters of 2025, with revenue reaching 235 million yuan, up 42.78% year-on-year, and net profit of 32 million yuan, up 133.25% year-on-year [7] - The company has made breakthroughs in high-end domestic substitution and its "Diting" business, indicating potential for further growth [7] Financial Summary - Revenue projections for 2025 are estimated at 410 million yuan, with a year-on-year growth rate of 52.47% [6] - The projected net profit for 2025 is 53 million yuan, reflecting a significant increase of 179.47% compared to the previous year [6] - The company's earnings per share (EPS) is expected to be 0.48 yuan in 2025, with a price-to-earnings (P/E) ratio of 78.20 [6] - The company's gross margin for the first three quarters of 2025 was 41.78%, showing a year-on-year decrease of 2.42 percentage points [7]

Core Viewpoint - The company reported continuous growth in Q3 2025, with a significant increase in net profit margin [2] Financial Performance - In the first three quarters of 2025, the company achieved operating revenue of 235 million, a year-over-year increase of 42.78%, and a net profit attributable to shareholders of 32 million, a year-over-year increase of 133.25% [1] - For Q3 2025, the company reported operating revenue and net profit attributable to shareholders of 7.4 million and 0.9 million respectively, with year-over-year increases of 26.73% and 47.82% [2] - The gross margin and net margin for the first three quarters of 2025 were 41.78% and 14.91%, with changes of -2.43 and +11.93 percentage points respectively [2] - The overall period expense ratio significantly decreased, indicating effective cost control [2] Business Development - The company is positioned to benefit from the rapid development of the robotics industry, being a leading domestic enterprise in balancing machines [2] - The company has undertaken its first hollow cup motor rotor production line and is actively developing balancing equipment, straightening equipment, and automated production lines for micro-motors [2] - The company's intelligent listening technology has entered the industrialization phase, having won a bid for a specific model's underwater acoustic signal intelligent processing system project [2] Investment Outlook - The company is expected to continue benefiting from the humanoid robot market and deep-sea sector development [3] - Projected net profits attributable to shareholders for 2025-2027 are 48 million, 90 million, and 148 million respectively, with corresponding EPS of 0.43, 0.81, and 1.33 [3] - The price-to-earnings ratios for the same period are projected to be 85.01, 45.17, and 27.47 [3]

Core Viewpoint - The company has decided not to exercise the early redemption rights for its "Jizhi Convertible Bonds" during the specified period, indicating a strategic choice to maintain its current financing structure [1] Summary by Sections Company Decision - The company announced that it will not exercise the early redemption rights for the "Jizhi Convertible Bonds" at the upcoming board meeting scheduled for October 29, 2025 [1] - The board resolution includes a commitment not to exercise these rights for a three-month period from October 30, 2025, to January 29, 2026 [1] Future Considerations - After January 29, 2026, if the "Jizhi Convertible Bonds" trigger the conditional redemption clauses again, the board will convene to decide on the exercise of early redemption rights [1]

| 证券代码：300553 | 证券简称：集智股份 | 公告编号：2025-066 | | --- | --- | --- | | 债券代码：123245 | 债券简称：集智转债 | | 杭州集智机电股份有限公司 关于不提前赎回"集智转债"的公告 本公司及董事会全体成员保证公告内容真实、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、自 2025 年 10 月 9 日至 2025 年 10 月 29 日，公司股票价格已满足任意连 续 30 个交易日中至少 15 个交易日的收盘价格不低于"集智转债"当期转股价格 （18.11 元/股）的 130%（含 130%，即 23.54 元/股），根据《杭州集智机电股份 有限公司向不特定对象发行可转换公司债券募集说明书》（以下简称"《募集说 明书》"），已触发"集智转债"有条件赎回条款。 2、公司于 2025 年 10 月 29 日召开第五届董事会第十五次会议，审议通过了 《关于不提前赎回"集智转债"的议案》，公司董事会决议本次不行使"集智转 债"的提前赎回权利。同时，在未来 3 个月内（即 2025 年 10 月 30 日至 2026 年 1 月 2 ...