无锡隆盛科技股份有限公司 舆情管理制度 第一章 总则 第一条 为了提高无锡隆盛科技股份有限公司（以下简称"公司"）应对各类舆 情的能力，建立快速反应和应急处置机制，及时、妥善处理各类舆情对公司股价、公 司商业信誉及正常生产经营活动造成的影响，切实保护投资者合法权益，根据相关法 律、法规和规范性文件及《无锡隆盛科技股份有限公司章程》（以下简称《公司章程》） 的规定，并结合公司实际情况，特制定本制度。 第二条 本制度所称舆情包括： 第四条 舆情工作组是公司应对各类舆情处理工作的领导机构，统一领导公司应 对各类舆情的处理工作，就相关工作做出决策和部署，根据需要研究决定公司对外发 布信息，主要工作职责包括： （一）决定启动和终止各类舆情处理工作的相关事宜； （二）评估各类舆情信息对公司可能造成的影响以及波及范围，拟定各类舆情信 息的处理方案； （三）协调和组织各类舆情处理过程中对外宣传报道工作； 1 （一）报刊、电视、网络等媒体对公司进行的负面报道； （二）社会上存在的已经或将给公司造成不良影响的传言或信息； （三）可能或者已经影响社会公众投资者投资取向，造成股价异常波动的信息； （四）其他涉及公司信息披露且可能对公 ...

第五届董事会第四次会议决议公告 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。 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 2024 年 11 月 27 日，无锡隆盛科技股份有限公司（下称"公司"）第五届董事会 第四次会议在公司会议室以现场及通讯表决的方式召开，会议通知于 2024 年 11 月 22 日以书面通知的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。 证券代码：300680 证券简称：隆盛科技 公告编号：2024-058 无锡隆盛科技股份有限公司 二、董事会会议审议情况 （1）公司股票上市已满六个月； （2）公司最近一年无重大违法行为； （3）回购股份后，公司具备债务履行能力和持续经营能力； 1 （4）回购股份后，公司的股权分布符合上市条件； 经与会董事审议，以投票表决方式通过了以下决议： （一）逐项审议通过了《关于回购公司股份方案的议案》 1.1 回购股份的目的和用途 基 ...

证券代码：300680 证券简称：隆盛科技 公告编号：2024-059 无锡隆盛科技股份有限公司 第五届监事会第四次会议决议公告 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 2024 年 11 月 27 日，无锡隆盛科技股份有限公司（以下简称"公司"）第五届监 事会第四次会议在公司会议室以现场表决的方式召开，会议通知于 2024 年 11 月 22 日以书面通知的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 经与会监事审议，以投票表决方式通过了以下决议： （一）逐项审议通过了《关于回购公司股份方案的议案》 1.1 回购股份的目的和用途 基于对未来发展前景的信心和对公司内在价值的认可，为维护广大投资者利益， 增强投资者信心，提升公司价值，推动公司持续健康发展，结合公司经营情况及财务 状况等因素，公司拟通过深圳证券交易所交易系统以集中竞价交易方式 ...

证券代码：300680 证券简称：隆盛科技 公告编号：2024-057 无锡隆盛科技股份有限公司 关于对外投资进展暨控股孙公司取得营业执照的公告 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、误导性陈述或者重大遗漏。 一、对外投资概述 工；机械零件、零部件销售；模具制造；模具销售；钢压延加工；有色金属压延加 工；塑料制品制造；密封件制造；金属表面处理及热处理加工；液压动力机械及元 件制造；气压动力机械及元件制造；轴承、齿轮和传动部件制造；增材制造；电动 机制造；电力电子元器件制造；智能车载设备制造；智能机器人的研发；工业机器 人制造；工业机器人销售；机械设备租赁；货物进出口；技术进出口；进出口代理。 (除依法须经批准的项目外，凭营业执照依法自主开展经营活动)。 三、备查文件 无锡隆盛科技股份有限公司（以下简称"公司"）于2024年11月1日召开第五届 董事会第三次会议，审议通过了《关于全资子公司对外投资设立合资公司的议案》， 同意全资子公司无锡隆盛新能源科技有限公司（以下简称"隆盛新能源"）与茂茂（ 重庆）汽车驱动系统有限公司（以下简称"重庆茂茂"）共同出资设立重庆隆盛茂茂 新能源科技有 ...

证券代码：300680 证券简称：隆盛科技 公告编号：2024-056 无锡隆盛科技股份有限公司 关于2023年限制性股票激励计划 首次授予部分第一个归属期归属结果暨股份上市的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误 导性陈述或重大遗漏。 重要内容： 1、本次归属股票的上市流通日：2024年11月19日； 2、本次归属股票的数量：73.89万股，占公司目前总股本的0.32%； 3、本次归属限制性股票人数：104人； 4、本次归属价格：11.28元/股（调整后）； 5、本次归属限制性股票来源：公司从二级市场回购的公司A股普通股股票。 无锡隆盛科技股份有限公司（以下简称"公司"）2023年限制性股票激励计划（ 以下简称"本激励计划"）规定的第一个归属期归属条件已经成就，根据公司2023年 第一次临时股东大会的授权，公司于2024年11月1日分别召开第五届董事会第三次会 议和第五届监事会第三次会议，审议通过《关于2023年限制性股票激励计划首次授予 部分第一个归属期归属条件成就的议案》，近日公司已完成本激励计划第一个归属期 股份的归属工作，现将有关事项说明如下： 一、本激励计划简 ...

Summary of Conference Call on Longsheng Technology Company Overview - Longsheng Technology initially focused on commercial vehicle paint and has expanded into the electric motor core market since 2018, achieving significant growth in this sector post-2020 [1][2] - The company has established a strong presence in both traditional and new energy vehicle markets, with a notable increase in electric motor core business [2] Financial Performance - Longsheng Technology is projected to achieve over 50% growth in revenue this year, reaching approximately 230 million [2] - Forecasts indicate that by 2025, revenue could exceed 300 million with a profit margin surpassing 30% [2][9] - Current valuation is around 20 times earnings, suggesting potential for further valuation expansion [2][9] Strategic Partnerships and New Ventures - On November 1, Longsheng announced a partnership with Chongqing Maomao Automotive Drive Company, focusing on deepening collaboration with the Seris brand, particularly in electric motor core supply [3][4] - The partnership aims to expand into semi-assembly products, increasing the average transaction value from approximately 500-600 to 1,500-2,000 [4] - In March, Longsheng formed a strategic alliance with Galaxy Aerospace, which specializes in low-cost, high-performance satellite communications [5] - This collaboration is expected to enhance Longsheng's core capabilities and open new growth avenues in the aerospace sector [5] Emerging Business Areas - Longsheng is exploring humanoid robotics, with plans to develop precision manufacturing applications and optimize production processes [6][7] - The company aims to achieve high precision in robotic applications, targeting a positioning accuracy of better than 0.1 mm [6] - Longsheng is also involved in commercial aerospace, focusing on satellite attitude control mechanisms, which are critical for satellite operation [7][8] Core Competencies - Longsheng's strength lies in its precision manufacturing capabilities, which are applicable across various sectors, including automotive and aerospace [10] - The company has a solid foundation in large-scale production, cost efficiency, and high-quality standards, which are essential for its automotive and aerospace operations [10] - The ability to leverage precision processing across different applications is a key competitive advantage for Longsheng [10] Future Outlook - Longsheng's rapid growth trajectory and diverse business expansions indicate a promising future, with ongoing developments in humanoid robotics and aerospace [11] - The company is well-positioned to capitalize on emerging market opportunities while maintaining a strong focus on its core competencies [11]

Key Points Industry and Company Involved - **Industry**: Automotive, Electric Vehicles (EVs), Precision Engineering - **Company**: Longsheng Technology Core Views and Arguments - **Main Themes**: Huawei supply chain and Tesla supply chain - **Longsheng Technology's Position in Huawei Supply Chain**: Direct involvement in the Huawei supply chain, with potential extensions to humanoid robots and low-altitude industries - **Growth Drivers**: - **Traditional Motor Iron Core**: Rapid and sustained growth due to the surge in new vehicle sales - **ECR Business**: Strong growth potential in the hybridization trend, especially in low-line cities and northern markets - **Precision Engineering Platform**: Enables expansion into new areas like humanoid robots and low-orbit micro-satellites - **Strategic Collaborations**: - **Joint Venture with Moming Auto Drive**: 51% stake by Longsheng Technology, focusing on motor iron core and potential extensions to powertrains - **Strategic Cooperation with Weiyin Zhongjia**: Collaboration on satellite energy modules, communication modules, and control modules, leveraging Weiyin Zhongjia's design and manufacturing capabilities Other Important Points - **Historical Growth**: - **Motor Iron Core**: Significant growth since 2020, driven by new vehicle sales - **ECR Business**: Initially focused on commercial vehicles, now expanding to passenger cars - **Valuation**: - 2024 expected revenue: 2.3 billion yuan, with a 50% growth compared to the previous year - 2025 expected revenue: Over 3 billion yuan, with a 30% growth - Current valuation: Approximately 20 times forward earnings - **Long-term Prospects**: - Continued growth in traditional motor iron core and ECR business - Expansion into new areas like humanoid robots and low-orbit micro-satellites - Significant potential for valuation expansion based on growth and valuation matching

Investment Rating - The report maintains a "Buy" rating for Longsheng Technology [5] Core Views - The company plans to establish a joint venture in Chongqing, which is expected to enhance its collaboration with Seres in depth and breadth [1] - The joint venture will focus on the production of components for electric drive systems, particularly motor cores, which have seen significant growth since the establishment of its wholly-owned subsidiary, Longsheng New Energy [2] - The investment aims to transition the company's product offerings from components to semi-assemblies, thereby increasing product value and core competitiveness [2] Summary by Sections Business Overview - Longsheng Technology's products are primarily used in energy-saving and emission-reduction fields, including EGR systems, motor cores, natural gas injection systems, and precision components [2] - The EGR products are mainly applied in commercial vehicles and new energy vehicles, while motor cores are essential components in electric drive systems for new energy vehicles [2] Investment Purpose and Impact - Since entering the new energy sector in 2018, the company has made significant progress in energy power systems, electric drive systems, electronic control systems, and intelligent driving systems [2] - The establishment of the joint venture is expected to strengthen customer development and align with the company's overall business strategy, particularly in collaboration with Seres for various vehicle models [2] Financial Forecast and Valuation - Projected revenues for 2024-2026 are estimated at 26.61 billion, 33.47 billion, and 40.67 billion, representing year-over-year growth of 45.6%, 25.8%, and 21.5% respectively [3] - Expected net profits for the same period are forecasted at 2.38 billion, 3.15 billion, and 3.98 billion, with year-over-year growth rates of 61.9%, 32.6%, and 26.2% [3] - Earnings per share (EPS) are projected to be 1.03, 1.36, and 1.72 yuan, with corresponding price-to-earnings (P/E) ratios of 25.91, 19.54, and 15.48 [3][4]

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company's revenue for the first three quarters of 2024 reached 1.643 billion yuan, a year-on-year increase of 38.47%, with a net profit attributable to the parent company of 154 million yuan, up 58.22% year-on-year [1] - In Q3 2024, the company achieved revenue of 583 million yuan, a year-on-year increase of 28.84%, and a net profit of 50 million yuan, which is a remarkable increase of 100.12% year-on-year [1] - The growth in revenue and profit is primarily driven by the increase in sales of new energy vehicles from downstream customers, with significant sales growth reported by key clients such as BYD, Geely, Chery, and Tesla China [1] - The company has maintained excellent cost control, with a gross margin of 17.90% in Q3 2024, an increase of 1.17 percentage points year-on-year [1] - The company's R&D expenses reached a historical high of 25 million yuan in Q3 2024, indicating a strong commitment to long-term growth [1] Financial Summary - For the first three quarters of 2024, the company reported a net profit of 154 million yuan, with a forecasted net profit of 243 million yuan for 2024, 336 million yuan for 2025, and 410 million yuan for 2026 [2][4] - The company's revenue is projected to grow from 1.827 billion yuan in 2023 to 2.693 billion yuan in 2024, reflecting a growth rate of 47.4% [2][4] - The company's P/E ratio is expected to decrease from 34.1 in 2023 to 20.6 in 2024, indicating a lower valuation compared to peers [2][4] Market Position and Strategy - The company has established strong customer relationships in the EGR and motor core business, benefiting from the growth in new energy vehicle sales [1] - The company is actively expanding into the commercial aerospace sector, having signed a strategic cooperation agreement with Galaxy Aerospace to supply precision components [1] - The company is well-positioned to capitalize on the rapid development of the commercial aerospace industry due to its extensive experience in national aerospace projects [1]