为适应公司海外业务的持续发展，满足境外运营主体日常资金需求，同意公 司及子公司向合作银行申请开展跨境资金集中运营管理业务，该业务有利于公司 跨境资金的一体化协同管理，提高资金使用效率，降低财务成本。公司董事会授 权公司董事长或其指定的授权代理人办理与跨境资金集中运营管理业务有关的 各项具体事宜，授权的有效期为董事会审议通过之日起至本次跨境资金集中运营 管理业务终止之日止，实际开展期限以公司与银行最终签署的相关协议中约定期 限为准。 证券代码：300627 证券简称：华测导航 公告编号：2025-086 上海华测导航技术股份有限公司 第四届董事会第二十次会议决议公告 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。 一、董事会会议召开情况 上海华测导航技术股份有限公司（以下简称"公司"）第四届董事会第二十 次会议的通知于 2025 年 9 月 17 日以书面或电子邮件的形式发出，会议于 2025 年 9 月 22 日在上海市青浦区崧盈路 577 号华测时空智能产业园 C 座二楼会议室 以现场结合通讯方式召开。本次会议应出席董事 8 名，实际出席董事 8 名。本次 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [6] Core Views - The company's performance in the first half of 2025 met expectations, with revenue of 1.833 billion yuan, a year-on-year increase of 23.54%, and a net profit attributable to shareholders of 326 million yuan, up 29.94% year-on-year [1][2] - The company is experiencing growth across multiple segments, with significant contributions from emerging businesses and a strong focus on product innovation [2][3][4] - The company maintains high research and development investment, with R&D expenses of 267 million yuan in the first half of 2025, a year-on-year increase of 10.13% [5] Summary by Sections Financial Performance - In the first half of 2025, the company achieved a gross margin of 58.13%, with a net profit margin of 18.71%, reflecting a year-on-year increase of 2.21 percentage points [1] - The second quarter of 2025 saw revenue of 1.044 billion yuan, a year-on-year increase of 20.42%, and a net profit of 184 million yuan, up 23.99% year-on-year [1] Business Segments - The Resources and Public Utilities segment generated revenue of 702 million yuan, up 3.09% year-on-year, with a gross margin of 61.69% [2] - The Construction and Infrastructure segment reported revenue of 659 million yuan, a year-on-year increase of 23.67%, with a gross margin of 61.07% [2] - The Geospatial Information segment experienced significant growth, with revenue of 359 million yuan, up 87.61% year-on-year, and a gross margin of 50.57% [2] - The Robotics and Autonomous Driving segment generated revenue of 114 million yuan, a year-on-year increase of 43.8%, with a gross margin of 43.08% [2] Research and Development - The company emphasizes R&D, focusing on high-precision positioning technology, and has established multiple R&D bases domestically and internationally [5] - The company has developed core algorithm capabilities in high-precision GNSS, 3D point cloud, and autonomous driving perception [5] International Expansion - The company's overseas business revenue reached 602 million yuan in the first half of 2025, a year-on-year increase of 35%, accounting for 32.82% of total revenue [11] - The overseas business has a gross margin of 71%, significantly higher than the company's average [11] Profit Forecast and Valuation - The company is projected to achieve net profits of 733 million yuan, 942 million yuan, and 1.223 billion yuan for the years 2025, 2026, and 2027, respectively [12]

Core Viewpoint - The company Huace Navigation (300627.SZ) has announced a second phase of its restricted stock incentive plan for 2025, aiming to grant 389,700 shares of restricted stock to incentive recipients, which represents approximately 0.0496% of the company's total share capital at the time of the announcement [1] Summary by Sections - **Incentive Plan Details** - The incentive plan involves a one-time grant of restricted stock with no reserved rights [1] - The grant price is set at 28.39 yuan per share [1] - **Duration of the Plan** - The effective period of the incentive plan lasts from the completion of the registration of the restricted stock until all granted restricted stocks are either released from restrictions or repurchased and canceled, with a maximum duration of 48 months [1]

Core Points - The company Huace Navigation (300627.SZ) has announced the second phase of its restricted stock incentive plan for 2025, proposing to grant 389,700 restricted shares to incentive recipients, which accounts for approximately 0.0496% of the company's total share capital at the time of the announcement [1] - The grant will be a one-time issuance with no reserved rights, and the grant price is set at 28.39 yuan per share [1] - The validity period of this incentive plan will last from the completion of the registration of the restricted shares until all granted restricted shares are fully released from restrictions or repurchased and canceled, with a maximum duration of 48 months [1]

Group 1 - The company Huace Navigation announced an incentive plan to grant restricted stock to 12 individuals, involving a total of 389,700 shares, which represents approximately 0.0496% of the company's total share capital of about 785 million shares [1] - The grant price for the restricted stock is set at 28.39 yuan per share, and the validity period for the stock is up to 48 months from the completion of registration [1] - For the first half of 2025, the revenue composition of Huace Navigation is as follows: 38.29% from resources and public utilities, 35.92% from construction and infrastructure, 19.56% from geographic spatial information, and 6.23% from robotics and unmanned driving [1] Group 2 - As of the latest report, Huace Navigation has a market capitalization of 27.6 billion yuan [2]

Group 1 - The company Huace Navigation (SZ 300627) announced the convening of its fourth board meeting on September 10, 2025, to review the draft of the 2025 second phase restricted stock incentive plan [1] - For the first half of 2025, Huace Navigation's revenue composition was as follows: 38.29% from resources and public utilities, 35.92% from construction and infrastructure, 19.56% from geographic spatial information, and 6.23% from robotics and unmanned driving [1] - As of the report date, Huace Navigation's market capitalization was 27.6 billion yuan [1]

Group 1 - The core point of the article is that Huace Navigation (300627.SZ) has announced the second phase of its restricted stock incentive plan for 2025, which involves granting 389,700 restricted shares to incentive targets, accounting for approximately 0.0496% of the company's total share capital at the time of the announcement [1] - This grant is a one-time award with no reserved rights, and the total number of shares involved in all effective stock incentive plans does not exceed 20% of the company's total share capital [1] - No individual incentive target will receive more than 1% of the company's total share capital through all stock incentive plans during the effective period [1]

证券代码：300627 证券简称：华测导航 上海华测导航技术股份有限公司 2025 年第二期限制性股票激励计划 （草案）摘要 上海华测导航技术股份有限公司 二零二五年九月 上海华测导航技术股份有限公司 2025 年第二期限制性股票激励计划（草案）摘要 声明 本公司及全体董事保证本激励计划草案及其摘要不存在虚假记载、误导性陈 述或者重大遗漏，并对其真实性、准确性和完整性依法承担法律责任。 本公司所有激励对象承诺，公司因信息披露文件中有虚假记载、误导性陈述 或者重大遗漏，导致不符合授予权益或行使权益安排的，激励对象应当自相关信 息披露文件被确认存在虚假记载、误导性陈述或者重大遗漏后，将由本激励计划 所获得的全部利益返还公司。 2 上海华测导航技术股份有限公司 2025 年第二期限制性股票激励计划（草案）摘要 特别提示 一、《上海华测导航技术股份有限公司 2025 年第二期限制性股票激励计划 （草案）》（以下简称"本激励计划"）系依据《中华人民共和国公司法》《中 华人民共和国证券法》《上市公司股权激励管理办法》《深圳证券交易所创业板 股票上市规则》《深圳证券交易所创业板上市公司自律监管指南第 1 号——业务 办理》 ...

证券代码：300627 证券简称：华测导航 上海华测导航技术股份有限公司 2025 年第二期限制性股票激励计划 （草案） 上海华测导航技术股份有限公司 二零二五年九月 上海华测导航技术股份有限公司 2025 年第二期限制性股票激励计划（草案） 声明 本公司及全体董事保证本激励计划草案及其摘要不存在虚假记载、误导性陈 述或者重大遗漏，并对其真实性、准确性和完整性依法承担法律责任。 本公司所有激励对象承诺，公司因信息披露文件中有虚假记载、误导性陈述 或者重大遗漏，导致不符合授予权益或行使权益安排的，激励对象应当自相关信 息披露文件被确认存在虚假记载、误导性陈述或者重大遗漏后，将由本激励计划 所获得的全部利益返还公司。 2 上海华测导航技术股份有限公司 2025 年第二期限制性股票激励计划（草案） 特别提示 一、《上海华测导航技术股份有限公司 2025 年第二期限制性股票激励计划 （草案）》（以下简称"本激励计划"）系依据《中华人民共和国公司法》《中 华人民共和国证券法》《上市公司股权激励管理办法》《深圳证券交易所创业板 股票上市规则》《深圳证券交易所创业板上市公司自律监管指南第 1 号——业务 办理》及其他有关法 ...

公司简称：华测导航 股票代码：300627 上海华测导航技术股份有限公司 股权激励计划自查表 独立财务顾问：上海荣正企业咨询服务（集团）股份有限公司 | 序号 | 事项 | 是否存在该 事项（是/ 备注 | | --- | --- | --- | | | | 否/不适用） | | | 上市公司合规性要求 | | | 1 | 最近一个会计年度财务会计报告是否被注册会计师出具否定意见或者 | 否 | | | 无法表示意见的审计报告 | | | 2 | 最近一个会计年度财务报告内部控制被注册会计师出具否定意见或者 | 否 | | | 无法表示意见的审计报告 | | | 3 | 上市后最近 个月内出现过未按法律法规、公司章程、公开承诺进行 36 | 否 | | | 利润分配的情形 | | | 4 | 是否存在其他不适宜实施股权激励的情形 | 否 | | 5 | 是否已经建立绩效考核体系和考核办法 | 是 | | 6 | 是否为激励对象提供贷款以及其他任何形式的财务资助 | 否 | | | 激励对象合规性要求 | | | 7 | 是否包括单独或者合计持有上市公司 5%以上股份的股东或者实际控 制人及其配偶、父母、子女以 ...