I. [Current Period Performance Forecast](index=1&type=section&id=I.%20Current%20Period%20Performance%20Forecast) Zhejiang Meili Technology Co., Ltd. forecasts H1 2025 net profit attributable to shareholders to significantly increase year-on-year - The performance forecast period is from January 1, 2025, to June 30, 2025, with **expected year-on-year performance growth**[3](index=3&type=chunk) Performance Forecast Summary | Item | Current Period (Estimated) | Prior Year Period | Growth Rate | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | Profit: 78.00 million - 90.00 million Yuan | 46.7492 million Yuan | 66.85% - 92.52% | | Net Profit After Deducting Non-Recurring Gains and Losses | Profit: 74.00 million - 86.00 million Yuan | 45.0481 million Yuan | 64.27% - 90.91% | II. [Communication with Accounting Firm](index=1&type=section&id=II.%20Communication%20with%20Accounting%20Firm) The financial data in this performance forecast is a preliminary estimate by the company's finance department, awaiting audit - The financial data related to this performance forecast is a preliminary estimate by the company's finance department and **has not been audited by an accounting firm**[4](index=4&type=chunk) III. [Explanation of Performance Changes](index=1&type=section&id=III.%20Explanation%20of%20Performance%20Changes) Performance growth is primarily due to effective operational execution, cost control, and revenue stability - The company's operating plans were carried out in an orderly manner, leading to **cost reduction and efficiency improvements**, stable growth in operating revenue, and an **increase in the comprehensive gross profit margin**[5](index=5&type=chunk) - Non-recurring gains and losses had an approximate **4 million Yuan positive impact** on the company's current net profit, primarily due to government subsidies[5](index=5&type=chunk) IV. [Other Explanations](index=1&type=section&id=IV.%20Other%20Explanations) This unaudited performance forecast requires investor caution, with detailed H1 2025 results to be disclosed later - The data in this performance forecast is a preliminary calculation by the company's finance department and **has not been audited by an accounting firm**[6](index=6&type=chunk) - Specific data for the **2025 semi-annual performance will be detailed in the company's 2025 semi-annual report**[7](index=7&type=chunk) - Investors are advised to **exercise caution in their decisions and be aware of investment risks**[7](index=7&type=chunk)

Group 1 - Weiling Co., Ltd. announced that its subsidiary Tianjin Changling Mining Partnership acquired 74.3% of Hunan Linwu Jiayu Mining Co., Ltd. for 220 million yuan, focusing on non-ferrous and black metal mining and smelting [1] - Zhongnong Lihua plans to acquire at least 50% of Taizhou Agricultural Materials Co., Ltd., which will become a subsidiary upon completion of the acquisition [1] - Chaohongji is planning to issue H-shares on the Hong Kong Stock Exchange, with details yet to be finalized [1][2] Group 2 - Hong Sifang's subsidiary plans to invest approximately 1.49 billion yuan in a new production base in Suizhou High-tech Industrial Development Zone [3] - Shangwei New Materials announced that its major shareholder Jin Feng Investment Holdings intends to reduce its stake by up to 3%, equating to 12.1 million shares [4] - Yihe Jiaye has changed its name to Beijing Ruimaite Medical Technology Co., Ltd., effective from May 21 [5][6] Group 3 - Huaxi Energy reported that its controlling shareholder has been detained and is under investigation, with no longer holding any positions in the company [7][8] - Aofei Entertainment plans to invest 10 million yuan in a partnership for equity investment in Shenzhen Xuanyuan Technology Co., Ltd. [9] - Hangzhou Electric plans to reduce its shares by up to 1.93%, equating to 13.36 million shares [10] Group 4 - Jiuhua Tourism intends to raise up to 500 million yuan through a private placement for various projects, including hotel renovations and transportation upgrades [11] - Dingxin Communications elected Liu Min as the new chairman following the resignation of Wang Jianhua [12] - Jiewate plans to acquire 40.89% of Nanjing Tianyi Hexin Electronics for 319 million yuan [13] Group 5 - Darui Electronics intends to acquire 80% of Dongguan Weisi Technology Co., Ltd. through cash purchase and capital increase [14] - Tianzhihang's shareholders plan to reduce their stakes by up to 3%, with each shareholder intending to sell 679,000 shares [15][16] - ST Shilong will lift its risk warning and change its stock name to Shilong Industrial, with trading limits adjusted from 5% to 10% [17] Group 6 - Ningde Times announced the listing of its H-shares on the Hong Kong Stock Exchange, raising approximately 35.33 billion HKD [19][20] - Mingyang Electric's shareholders plan to reduce their stakes by up to 3.01%, totaling 941,000 shares [21] - Bohai Leasing intends to transfer 100% of Global Sea Containers Ltd. for 1.75 billion USD, focusing on optimizing its debt structure [21]

Group 1 - The company Meili Technology (300611) announced that Changjiang Capital and Wang Guangming plan to reduce their shareholdings within three months after the announcement date through centralized bidding or block trading [1] - Changjiang Capital intends to reduce its holdings by no more than 5.6899 million shares, accounting for 2.6957% of the company's total share capital [1] - Wang Guangming plans to reduce his holdings by no more than 4.4618 million shares, representing 2.1138% of the company's total share capital [1] - The reason for the reduction in shareholdings is stated as personal funding needs [1]

本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一 致。 证券代码：300611 证券简称：美力科技 公告编号：2025-033 浙江美力科技股份有限公司 关于公司股东减持股份的预披露公告 公司股东长江成长资本投资有限公司、王光明先生保证向本公司提供的 信息内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 特别提示： 1、持有浙江美力科技股份有限公司（以下简称"公司"或"美力科技"） 股份 5,689,915 股（占公司总股本比例 2.6957%）的股东长江成长资本投资有限 公司（以下简称"长江资本"），计划在本公告披露之日起 3 个交易日后的 3 个月内通过集中竞价或大宗交易方式减持公司股份不超过 5,689,915 股（占公司 总股本比例 2.6957%）。 2、持有公司股份 4,461,800 股（占公司总股本比例 2.1138%）的股东王光 明先生，计划在本公告披露之日起 3 个交易日后的 3 个月内通过集中竞价或大宗 交易方式减持公司股份不超过 4,461,800 股（占公司总股本比例 2.1138%）。 公司于近日分别收到公司股东长江资本、王光明先生出具的《关于美力科技 股份 ...

Summary of Meili Technology Conference Call Company Overview - Meili Technology is positioned as a leading player in the automotive spring industry and is expanding into the humanoid robot sector, leveraging its existing product capabilities and market advantages [2][4]. Key Financial Projections - Revenue is expected to grow steadily, with projections of approximately 2.1 billion RMB in 2025, 2.6 billion RMB in 2026, and 3.2 billion RMB in 2027, reflecting an average annual growth rate of around 25% [2][3]. - Net profit is anticipated to increase at a faster rate than revenue, with estimates of nearly 200 million RMB, 250 million RMB, and 300 million RMB for the next three years [2][3]. Humanoid Robot Sector Insights - Meili Technology has a significant advantage in the humanoid robot market due to its expertise in automotive springs, which can be adapted for use in humanoid robots [4][5]. - The average selling price (ASP) for humanoid robot components is around 100 RMB, with potential revenue reaching billion-level if production scales to one million units [2][5]. - The company has engaged with multiple humanoid robot assembly companies and has entered the sample supply phase, indicating strong development potential in this area [4][5]. Automotive Spring Business Opportunities - The automotive spring business is expected to benefit from mergers and acquisitions, enhancing profitability and market share [6][7]. - The value of individual automotive springs ranges from 300 to 600 RMB, with potential for growth due to increasing complexity in vehicle chassis designs [6]. - The domestic market for automotive springs is approximately 15 billion RMB, with Meili Technology's market share currently around 10%, indicating substantial room for growth [6][7]. - Recent acquisitions, including Jiangsu Boyun and Jiangsu Dayuan, have improved production capacity utilization from 40% at the end of 2024 to higher levels [6][7]. Competitive Landscape - The acquisition of German company Alen has improved the competitive landscape for Meili Technology, providing advantages over domestic competitors [6][7]. - The company’s strong cost control capabilities and first-mover advantages in both business segments position it well for future growth [7]. Risks and Considerations - Potential risks include lower-than-expected production and sales of passenger vehicles and rising raw material costs, which could negatively impact company performance [4][8]. Overall Assessment - Meili Technology is expected to continue its growth trajectory in both the humanoid robot and automotive spring sectors, making it a recommended investment opportunity [7].

证券代码：300611 证券简称：美力科技 公告编号：2025-032 浙江美力科技股份有限公司 2024年年度权益分派实施公告 浙江美力科技股份有限公司（以下简称"公司"）2024年年度权益分派方案 已获2025年4月22日召开的2024年度股东大会审议通过，现将权益分派事项公告 如下： 一、股东大会审议通过利润分配方案的情况 1、公司2024年度股东大会审议通过的利润分派方案为：以2024年12月31日 的公司总股本211,074,680股扣除公司回购专用证券账户持有的股份2,974,500 股后的股本208,100,180股为基数，向全体股东每10股派发现金股利人民币1.20 元（含税），合计派发现金股利人民币24,972,021.60元（含税），本次分配不 送红股，不以资本公积金转增股本，剩余未分配利润结转以后年度分配。若在实 施权益分派股权登记日前公司总股本发生变动，则以实施分配方案股权登记日时 享有利润分配权的股份总额为基数，按照现金分红总额固定不变的原则对分配比 例进行相应调整。 2、自本次权益分派方案披露至实施期间，公司回购专用证券账户股份数量 为0股，故公司可参与分配的股本总额发生了变化，公 ...

| 300611 | 美力科技 | 29.32 | 22.48 | 3.68 | | --- | --- | --- | --- | --- | | 300040 | 九洲集团 | 7.51 | 22.42 | 5.92 | | 002860 | 星帅尔 | 13.04 | 22.39 | 10.04 | | 301479 | 弘景光电 | 141.43 | 22.37 | 1.51 | | 300994 | 久祺股份 | 17.10 | 22.24 | 9.27 | | 002261 | 拓维信息 | 35.18 | 22.12 | 5.65 | | 603120 | 肯特催化 | 36.53 | 21.98 | 3.16 | | 002278 | 神开股份 | 8.33 | 21.80 | 5.04 | | 831856 | 浩淼科技 | 28.89 | 21.78 | 11.80 | | 832876 | 慧为智能 | 36.40 | 21.68 | 30.00 | | 001256 | 炜冈科技 | 23.74 | 21.63 | 3.40 | | 301277 | 新天地 | 12.18 | 21. ...

Group 1: Industry Overview - As of April 25, over 180 automotive parts companies in A-shares disclosed their 2024 annual reports, with 60% of companies reporting year-on-year growth in net profit attributable to shareholders, and 13 companies achieving over 100% growth [1] - In 2024, China's automotive production and sales reached 31.28 million and 31.44 million units respectively, marking year-on-year increases of 3.7% and 4.5%, benefiting many automotive parts manufacturers [1] - The automotive parts industry is experiencing both high growth and high pressure, with some companies facing performance declines due to intensified industry competition [2] Group 2: Company Performance - Shuanglin Co., specializing in interior and exterior parts, achieved a revenue of 4.91 billion yuan, a year-on-year increase of 18.64%, and a net profit of 497 million yuan, up 514.49% [1] - Taited Co., a precision bearing manufacturer, reported total revenue of 340 million yuan, a 23.13% increase, and a net profit of 24.95 million yuan, up 216.53% [1] - Xiling Power's automotive parts business saw revenue of 1.75 billion yuan, a 15.38% increase, and a net profit of 50.61 million yuan, turning around from losses [2] - Xinzhi Group reported total revenue of 5.918 billion yuan, a 28.22% increase, but a net profit decline of 91.32% due to competitive pressures [2] - Summer Precision achieved revenue of 666 million yuan, a 26.09% increase, but faced significant margin pressure in its automotive gear segment [3] Group 3: Strategic Shifts - Many automotive parts companies are pivoting towards the humanoid robotics industry as a core strategic direction, leveraging existing technologies and customer relationships to create a "second growth curve" [3][4] - Summer Precision is focusing on the humanoid robotics sector, positioning it as a core growth area, and is accelerating the development of industrial robot gear through IPO funding [3] - Top Group is establishing an electric drive division to capitalize on opportunities in the robotics sector, integrating various resources for rapid development [4] - Companies like Xiling Power and WanTong Intelligent Control are also entering the humanoid robotics field, utilizing their technological advantages in precision processing and sensor technology [5][6] Group 4: R&D and Innovation - Shuanglin Co. has made significant advancements in precision transmission technology, establishing a trial production line for planetary roller screw products, which are critical for humanoid robots [5] - Xinzhi Group's subsidiary is focusing on core components for humanoid robots, having initiated collaborations with leading companies in the field [6] - Summer Precision is increasing investments in precision small gears and reducers to support the rapid development of humanoid robots [6]

Revenue and Profitability - The company's revenue for Q1 2025 was CNY 416,228,029.60, representing a 37.76% increase compared to CNY 302,129,323.80 in the same period last year[4] - Net profit attributable to shareholders increased by 110.90% to CNY 33,987,475.18 from CNY 16,115,105.65 year-on-year[4] - The company reported a basic earnings per share of CNY 0.16, doubling from CNY 0.08 in the same period last year[4] - Net profit for the current period was CNY 35,732,685.80, compared to CNY 15,102,456.67 in the previous period, indicating an increase of approximately 136.2%[24] - Basic and diluted earnings per share are both CNY 0.16, compared to CNY 0.08 in the previous period, indicating a 100% increase[25] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 39.48% to CNY 25,707,060.82, down from CNY 42,474,878.40 in the previous year[11] - Cash and cash equivalents at the end of the period amount to CNY 294,686,609.23, an increase from CNY 225,266,013.24 in the previous period, reflecting a growth of about 31%[28] - Cash inflow from financing activities totals CNY 226,927,440.00, significantly higher than CNY 102,000,000.00 in the previous period, marking an increase of approximately 122%[28] - The company received CNY 18,889,867.22 in cash related to other operating activities, up from CNY 6,831,419.58 in the previous period, showing an increase of approximately 176%[28] - The company paid CNY 91,207,040.35 in cash to employees, which is an increase from CNY 69,572,700.99 in the previous period, reflecting a rise of about 31%[28] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,313,094,437.59, a 6.56% increase from CNY 2,170,674,166.45 at the end of the previous year[4] - Current liabilities totaled CNY 840,234,547.36, an increase from CNY 739,687,992.12, which is an increase of approximately 13.6%[22] - The total liabilities of the company reached CNY 1,098,437,484.58, compared to CNY 998,459,979.94, indicating an increase of about 10%[22] Investment and Financing Activities - The company’s investment activities resulted in a net cash outflow of CNY 54,487,956.97, a 796.82% increase compared to CNY -6,075,713.40 in the previous year[11] - The company plans to issue convertible bonds to raise up to 300 million RMB, with the net proceeds to be used for the aforementioned production project and to supplement working capital[19] - The company has won the land use rights for a state-owned construction site for 45.51 million RMB, which will be used for the production of 2 million smart suspensions and 10 million electric and hydraulic drive elastic components[18] Operational Performance - Total operating revenue for the current period reached CNY 416,228,029.60, a significant increase from CNY 302,129,323.80 in the previous period, representing a growth of approximately 37.8%[23] - Total operating costs increased to CNY 376,191,964.67 from CNY 293,247,577.45, reflecting a rise of about 28.3%[24] - The company reported a significant increase in other income, which totaled CNY 3,814,423.77 compared to CNY 5,572,354.88 in the previous period, a decrease of approximately 31.6%[24] Research and Development - Research and development expenses rose to CNY 14,980,472.96 from CNY 13,457,362.53, reflecting an increase of about 11.3%[24] Other Financial Metrics - The company’s weighted average return on equity improved to 3.08%, up from 1.61% in the previous year[4] - The company has transferred 2,974,500 shares to its third employee stock ownership plan account at a price of 9.12 RMB per share, representing 1.41% of the total share capital[17] - The company experienced a foreign exchange gain of CNY 2,306,953.16, compared to a loss of CNY 95,044.98 in the previous period, indicating a positive shift in currency impact[28] Audit Status - The company has not undergone an audit for the first quarter report, which is noted in the financial statements[29]

Core Insights - Meili Technology (300611) reported a revenue of 416 million yuan for Q1 2025, representing a year-on-year growth of 37.76% [1] - The net profit for the same period was 33.99 million yuan, showing a significant year-on-year increase of 110.90% [1] Financial Performance - Revenue for Q1 2025: 416 million yuan, up 37.76% year-on-year [1] - Net profit for Q1 2025: 33.99 million yuan, up 110.90% year-on-year [1]