无锡隆盛科技股份有限公司 2024 年度监事会工作报告 2024 年度，无锡隆盛科技股份有限公司（以下简称"公司"）监事会严格按照《公 司法》《证券法》《深圳证券交易所创业板股票上市规则》《深圳证券交易所上市公 司自律监管指引第 2 号——创业板上市公司规范运作》等法律法规、规范性文件的要 求及《公司章程》《监事会议事规则》的规定，从切实维护公司利益和广大中小股东 权益出发，认真履行监督职责，依法独立行使职权，对 2024 年度公司主要经营活动、 财务状况、重大决策情况及公司董事、高级管理人员履行职责情况等事项进行了有效 监督，保障公司规范运作。现将 2024 年度监事会工作情况报告如下： 一、报告期内监事会工作情况 2024 年度，公司监事会共召开了 7 次会议，监事会会议的召集、召开、决策程序 以及表决结果均符合《公司法》《公司章程》的规定，具体情况如下： 报告期内，监事会对 2024 年度公司的财务状况、财务管理等进行了认真细致、 有效地监督、检查和审核。监事会认为：公司财务会计内控制度完善，财务运作规范、 财务状况良好，财务报告真实、准确、完整、客观地反映了公司的财务状况和经营成 果，不存在任何虚假记 ...

证券代码：300680 证券简称：隆盛科技 公告编号：2025-022 无锡隆盛科技股份有限公司 关于举办 2024 年度网上业绩说明会的公告 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。 无锡隆盛科技股份有限公司（以下简称"公司"）已于 2025 年 4 月 21 日在巨潮 资讯网上披露了《2024 年年度报告》《2024 年年度报告摘要》。为便于广大投资者 更加全面深入地了解公司经营业绩、发展战略等情况，公司定于 2025 年 05 月 12 日 （星期一）15:30-17:00 在"价值在线"（www.ir-online.cn）举办无锡隆盛科技股 份有限公司 2024 年度网上业绩说明会，与投资者进行沟通和交流，广泛听取投资者 的意见和建议。 一、说明会召开的时间、地点和方式 1、会议召开时间：2025 年 05 月 12 日（星期一）15:30-17:00 2、会议召开地点：价值在线（www.ir-online.cn） 3、会议召开方式：网络互动方式 二、参加人员 董事长、总经理倪铭先生，名誉董事长、董事倪茂生先生，董事、副总经理魏迎 春先生，董事、 ...

证券代码：300680 证券简称：隆盛科技 公告编号：2025-013 无锡隆盛科技股份有限公司 关于召开 2024 年年度股东大会的通知 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。 无锡隆盛科技股份有限公司（以下简称"公司"）第五届董事会第六次会议决定于 2025年5月12日召开公司2024年年度股东大会，现将本次会议的有关事项通知如下： 一、召开会议的基本情况： 1、股东大会届次：2024年年度股东大会。 2、股东大会召集人：公司董事会，经公司第五届董事会第六次会议审议通过，公 司董事会决定召开2024年年度股东大会。 3、会议召开的合法、合规性：会议召集程序符合有关法律、行政法规、部门规章、 规范性文件和公司章程的规定。 4、会议召开的日期、时间： （1）现场会议召开时间：2025年5月12日（周一）14:30； （2）网络投票时间： 通过深圳证券交易所交易系统进行网络投票的具体时间为：2025年5月12日上午 9:15-9:25，上午9:30-11:30，下午13:00-15:00； 通过深圳证券交易所互联网投票系统投票的具体时间为： 2025年5 ...

证券代码：300680 证券简称：隆盛科技 公告编号：2025-012 无锡隆盛科技股份有限公司 第五届监事会第六次会议决议公告 本公司及监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、监事会会议召开情况 2025 年 4 月 18 日，无锡隆盛科技股份有限公司（以下简称"公司"）第五届监 事会第六次会议在公司会议室以现场会议的方式召开，会议通知于 2025 年 4 月 8 日 以书面通知等方式向各位监事发出。本次会议由监事会主席沈家湖先生召集、主持， 会议应出席监事三名，实际出席监事三名。 本次会议的召集、召开符合《中华人民共和国公司法》及有关法律、法规、规章、 规范性文件及《公司章程》的有关规定。 二、监事会会议审议情况 经与会监事投票表决，会议审议并通过如下议案： 1、审议通过《关于公司<2024 年度监事会工作报告>的议案》 监事会认为，严格按照《公司法》《公司章程》《监事会议事规则》等相关法律、 法规的要求，从切实维护公司利益和广大股东权益出发，认真履行了监督职责，并出 具了《2024 年度 监 事会工作 报告 》， 具体内容 详见 公司 刊载于巨 潮资 ...

证券代码：300680 证券简称：隆盛科技 公告编号：2025-011 无锡隆盛科技股份有限公司 第五届董事会第六次会议决议公告 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 2025 年 4 月 18 日，无锡隆盛科技股份有限公司（下称"公司"）第五届董事会 第六次会议在公司会议室以现场及通讯会议的方式召开，会议通知于 2025 年 4 月 8 日以书面通知等方式向各位董事发出。本次会议由董事长倪铭先生召集并主持，会议 应出席董事七名，实际出席董事七名。公司监事及高级管理人员列席本次会议。 本次会议的召集、召开符合《中华人民共和国公司法》及有关法律、法规、规章、 规范性文件及《公司章程》的有关规定。 二、董事会会议审议情况 经与会董事审议，以投票表决方式通过了以下议案： 1、审议通过《关于公司<2024 年度总经理工作报告>的议案》 公司董事会认真听取了董事长、总经理倪铭先生所作的《2024 年度总经理工作报 告》，认为报告真实、准确地反映公司 2024 年度生产经营管理情况及取得的成果， 公司管理层有效地执行了股东大会和董事会的各 ...

一、审议程序 无锡隆盛科技股份有限公司（以下简称"公司"）于 2025 年 4 月 18 日召开第五 届董事会第六次会议、第五届监事会第六次会议，审议通过了《关于公司<2024 年度 利润分配预案>的议案》，该议案尚需提交公司 2024 年年度股东大会审议。 证券代码：300680 证券简称：隆盛科技 公告编号：2025-017 无锡隆盛科技股份有限公司 关于2024年度利润分配预案的公告 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。 二、2024 年度利润分配预案的基本情况 1、本次利润分配方案为 2024 年度利润分配。 2、经北京德皓国际会计师事务所(特殊普通合伙)审计，公司 2024 年度实现归属 于上市公司股东的净利润为 224,362,778.99 元；从税后利润中提取法定盈余公积金 后，截止 2024 年 12 月 31 日，公司合并报表未分配利润为 555,540,850.78 元，母公 司未分配利润为 224,507,838.07 元。根据合并报表和母公司报表中未分配利润孰低 原则，公司本年度可供分配利润为 224,507,838.07 元 ...

Dividend Distribution - The company plans to distribute a cash dividend of 2 RMB per 10 shares (including tax) to all shareholders, with no bonus shares issued[4] - The cash dividend amount accounts for 100% of the total profit distribution, with no shares being issued as bonus shares or capital reserve conversion[185] - The company plans to distribute a cash dividend of RMB 2 per 10 shares (including tax), totaling RMB 45,392,455.60, which represents 20.23% of the net profit attributable to the parent company for the fiscal year 2024[187] Financial Performance - The company's operating revenue for 2024 reached ¥2,397,327,061.91, representing a 31.21% increase compared to ¥1,827,024,616.21 in 2023[19] - Net profit attributable to shareholders for 2024 was ¥224,362,778.99, a 52.81% increase from ¥146,824,660.02 in 2023[19] - The total assets at the end of 2024 amounted to ¥3,999,757,536.93, up 13.93% from ¥3,510,807,083.59 at the end of 2023[19] - The company achieved total revenue of 239,732.71 million yuan in 2024, representing a year-on-year growth of 31.21%[74] - Net profit attributable to shareholders reached 22,436.28 million yuan, with a year-on-year increase of 52.81%[74] Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements related to strategic planning and future initiatives[4] - The report includes a section on potential risks and countermeasures that the company may face in its management operations[4] - The company faces risks from macroeconomic fluctuations that could impact demand in the automotive sector, necessitating close monitoring of economic trends[133] Governance and Compliance - The financial report confirms that all board members attended the meeting to review the annual report, ensuring accountability for the report's accuracy[4] - The company has a governance structure that ensures compliance with laws and protects shareholder rights, including independent directors and a supervisory board[141] - The company’s governance structure complies with legal and regulatory requirements, with no significant discrepancies noted[144] - The company has established a value management system and is focused on enhancing its valuation through strategic initiatives[139] Research and Development - The company focuses on technology innovation, with its subsidiaries recognized as national high-tech enterprises and plans to establish a research platform by December 2024[68] - The company is committed to continuous innovation in digital technologies, including smart manufacturing and digital twins, to strengthen its core competitiveness[132] - The company reported a total of 1,050 employees at the end of the reporting period, with 323 in the parent company and 727 in major subsidiaries[178] Market Expansion and Product Development - The company has a focus on developing new technologies and products, particularly in the automotive and energy sectors[12] - The company plans to expand its product offerings in the aerospace and low-altitude economy sectors, as well as humanoid robotics[30] - The company is actively exploring new technologies in humanoid robots, low-altitude aircraft, and hydrogen energy, aiming to transition from "manufacturing" to "creation"[43] Employee Relations and Incentives - The company has implemented a stock incentive plan, with discussions on granting restricted stocks to incentivize employees[176] - The company has established a comprehensive salary and performance evaluation system, regularly updating performance indicators to align with departmental work[180] - The company has accepted nearly 200 interns from universities over the past three years, enhancing its talent cultivation system[181] Strategic Partnerships and Acquisitions - The company is actively pursuing mergers and acquisitions to enhance its core business capabilities in the automotive parts sector[30] - The company plans to invest in and acquire Wuxi Weihan Intelligent Technology Co., Ltd. by March 2025, enhancing its capabilities in humanoid robots and hydrogen energy[58] - The company has established strategic partnerships in the aerospace sector, supplying precision components for satellite energy and control modules[84] Production and Sales Performance - The production capacity for new energy vehicle motor components is 3,430,000 units, with a production of 2,372,500 units and sales of 2,256,100 units, generating revenue of approximately ¥1.03 billion[63] - The company reported a 28.30% increase in EGR component production, reaching 383.36 million units, and a 31.80% increase in sales, totaling 311.71 million units compared to the previous year[61] - In 2024, the production and sales of new energy vehicles (NEVs) reached 12.888 million and 12.866 million units, respectively, with year-on-year growth of 34.4% and 35.5%, marking the entry into the 10 million unit era[36] Financial Management - The company’s financial expenses increased by 47.66% to 32,106,093.43 due to the capitalization of interest from fixed asset loans[97] - The company has established a strong supply chain management system, allowing for rapid response to customer demands and enhancing operational efficiency[65] - The company has not engaged in any securities or derivative investments during the reporting period[114][115] Leadership and Management Changes - The company reported a change in its board and supervisory committee on September 5, 2024, with several members being newly elected or leaving their positions[154] - The company’s leadership includes experienced professionals with backgrounds in engineering and management from notable firms[155][156] - The company aims to enhance its market position through strategic leadership changes and experienced management[155][156]

Summary of Longsheng Technology Conference Call Company Overview - Longsheng Technology has a stable shareholding structure with the actual controller holding approximately 30% of the shares. Subsidiaries include Weiyuan Precision, Longsheng New Energy, and Weiyuan Zhongjia, each responsible for different business segments. The company has achieved its 2023 equity incentive goals and expects to meet similar targets in the next two years, demonstrating its commitment to business advancement and profit release [2][3][11]. Financial Performance - From 2018 to 2023, Longsheng Technology's revenue increased from 230 million to 1.8 billion, with a compound annual growth rate (CAGR) of 47%. The net profit attributable to shareholders rose from 4 million to 147 million, reflecting a growth rate of 204%. In the first three quarters of 2023, the company's revenue and profit growth rates remained in the range of 40% to 60% [2][4]. Product Lines - Longsheng Technology has three main product lines: EGR systems, new energy sector, and precision components. The EGR system is the core business, benefiting from the implementation of National VI emission standards, which is expected to drive demand for commercial vehicles. The motor core business is rapidly developing, accounting for nearly 44% of total revenue, directly supplying companies like Tesla and Geely [2][6][8]. Market Outlook - The EGR system market is projected to reach 5 billion by 2025, driven by increased usage in diesel vehicles due to stricter emission standards. Major clients include BYD and Geely [7]. The motor core business, essential for electric vehicle drive motors, is expected to approach a market size of 9 billion by 2025, with significant partnerships with various automakers [8]. New Energy and Natural Gas Injection Products - Longsheng Technology is actively expanding into the new energy sector through its motor core business and has also made significant strides in natural gas injection products, which benefit from the widening price gap between oil and gas. The company has been working with Bosch to supply components for Weichai and Cummins engines since 2019, which is expected to contribute to new growth [5][10]. Future Development Directions - The company plans to continue focusing on traditional EGR systems while actively exploring the new energy sector through its motor core business. Additionally, it is making significant investments in natural gas injection products to meet diverse energy demands. Longsheng Technology is also increasing its client base, including partnerships with companies like Huawei Digital Energy, indicating substantial growth potential in the coming years [11][12]. New Business Initiatives - Longsheng Technology has begun to explore new growth avenues, including low-altitude and robotics sectors. Collaborations with Northwest Polytechnical University and the Chinese Academy of Sciences are underway to develop low-altitude commercial fixed-wing aircraft and collaborative robots, respectively [5][13][15]. Market Potential for Robotics - The humanoid robot market is projected to see sales reach 250,000 units by 2030, with a potential market size of 35 billion [17]. Financial Forecast - Revenue growth for EGR products is expected to be around 40% from 2024 to 2026. The motor core business is projected to grow at rates of 70%, 30%, and 20% for clients like Fudi Power, Tesla, and Geely, respectively. Overall, the company's revenue growth is anticipated to be 30% and 24% for 2025 and 2026, respectively [18][19].

Summary of Conference Call Company and Industry Involved - The conference call primarily discusses **Weihan Intelligent Technology** and its relationship with **Longsheng Technology** and other listed companies in the robotics and automation industry. Key Points and Arguments 1. **Historical Background and Development** Weihan Intelligent has been involved in the robotics sector since 2013, with foundational work dating back to 2014, collaborating with listed companies like Weifugao and Bingzhi to develop humanoid robot joints [1][2][3] 2. **Technological Advancements** The company has made significant progress in achieving world-class standards in manufacturing processes and product reliability, particularly in the design of double-curve gears, which are now comparable to Japan's HD company [1][2][15] 3. **Product Traceability and Quality Control** Weihan has implemented rigorous quality control measures, ensuring that every part produced is traceable and meets high stability standards, addressing common industry pain points [2][3] 4. **Strategic Partnerships** The collaboration with **Kuroda** has been emphasized, with discussions on leveraging Kuroda's expertise in gear manufacturing to enhance Weihan's product offerings, particularly in planetary gears used in robotics [5][6][7] 5. **Market Positioning and Future Goals** The company aims to position itself as a leader in the robotics sector, aspiring to become the Chinese equivalent of **Harmonic Drive**. This ambition is supported by a strong foundation in precision machining and existing partnerships [4][8] 6. **Production Capacity and Growth Projections** Longsheng anticipates significant growth in production capacity, with projections indicating a potential tenfold increase in output by 2026, driven by demand from humanoid robot manufacturers [21][22] 7. **Investment and Financial Strategy** The acquisition of Weihan is backed by strong financial support from Longsheng and its partners, with a focus on long-term growth rather than short-term profit targets [27][28] 8. **Challenges in the Industry** The call highlighted challenges in the industry, such as the high failure rates of integrated joints and the need for improved design and manufacturing processes to enhance reliability [19][20] 9. **Collaboration with Tesla** There are aspirations to extend partnerships with Tesla, particularly in the development of humanoid robots, indicating a strategic direction towards high-profile collaborations in the future [40][41] 10. **Market Dynamics and Competitive Landscape** The discussion included insights into the competitive landscape, noting that many companies in the sector are primarily assemblers rather than manufacturers, which presents an opportunity for Weihan to differentiate itself through superior design and manufacturing capabilities [20][36] Other Important but Possibly Overlooked Content - The emphasis on the importance of robotics in the future of manufacturing, with a belief that companies not investing in robotics will fall behind [11] - The mention of specific technical challenges faced in the production of gears and the company's innovative approaches to overcome these issues [30][31] - The potential for synergies between different business units within Longsheng, leveraging existing automotive industry expertise to enhance robotics capabilities [32][33] This summary encapsulates the key discussions and insights from the conference call, highlighting the strategic direction, technological advancements, and market positioning of Weihan Intelligent and its parent company, Longsheng Technology.

Investment Rating - The report maintains a positive investment rating for the automotive and automotive parts industry, focusing on domestic autonomous industry chains and key companies such as BYD, Geely, and Xpeng [5]. Core Insights - The report highlights the impact of recent U.S. tariffs on the automotive sector, noting that the tariffs have a limited effect on automotive parts, particularly for companies with overseas operations [2][3]. - It emphasizes the importance of monitoring tariff developments and suggests a focus on domestic autonomous vehicle manufacturers that are less affected by U.S. tariffs [3][24]. - The report recommends a selection of companies in the automotive sector, particularly those involved in smart and electric vehicles, as well as automotive parts suppliers [3][4]. Summary by Sections Weekly Data - In the first week of April 2025, passenger car sales reached 337,000 units, a year-on-year increase of 25.6% but a month-on-month decrease of 30.2%. New energy vehicle sales were 168,000 units, up 37.8% year-on-year but down 30.4% month-on-month, with a penetration rate of 50.0% [1][3]. Market Performance - The automotive sector underperformed the market, with the A-share automotive sector declining by 5.26% from April 7 to April 11, ranking 24th among sub-industries [1][3]. Key Recommendations - The report suggests focusing on a core portfolio that includes companies like BYD, Geely, Xpeng, Xiaomi, Berteli, Top Group, and others [1][3]. - It also highlights the potential of companies involved in the new energy vehicle supply chain and those focusing on smart driving technologies [3][4]. Tariff Impact - The U.S. tariffs, particularly the reciprocal tariffs, are expected to have a significant impact on exports and the economy, with a potential drag on GDP growth [10][19]. - The report notes that the automotive parts sector is less affected by the tariffs, especially for companies with production facilities in Mexico and Southeast Asia [2][24]. Company Focus - The report identifies key companies in the automotive parts sector that are well-positioned to benefit from the current market dynamics, including those involved in smart and electric vehicle technologies [3][4][25].