证券代码：300698 证券简称：万马科技 公告编号：2025-023 万马科技股份有限公司 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，不存在任 何虚假记载、误导性陈述或重大遗漏。 本次股东大会议案采用现场记名投票和网络投票相结合表决方式审议通过 了如下议案： 同意 65,503,102 股，占出席会议所有股东所持股份的 99.9689％；反对 因未投票默认弃权 0 股），占出席会议所有股东所持股份的 0.0089％。 中小股东表决情况：同意 268,992 股，占出席会议中小股东所持股份的 同意 65,505,802 股，占出席会议所有股东所持股份的 99.9730％；反对 因未投票默认弃权 100 股），占出席会议所有股东所持股份的 0.0047％。 中小股东表决情况：同意 271,692 股，占出席会议中小股东所持股份的 同意 65,505,802 股，占出席会议所有股东所持股份的 99.9730％；反对 因未投票默认弃权 100 股），占出席会议所有股东所持股份的 0.0047％。 中小股东表决情况：同意 271,692 股，占出席会议中小股东所持股份的 同意 65,501,702 股 ...

Core Viewpoint - The legal opinion from Beijing Tianyuan Law Firm confirms that the 2024 Annual General Meeting of Wanma Technology Co., Ltd. was convened and conducted in compliance with relevant laws and regulations, ensuring the legitimacy of the meeting and its resolutions [2][3][14]. Group 1: Meeting Procedures - The board of directors of Wanma Technology convened the meeting on June 9, 2025, and issued the notice for the meeting on June 10, 2025, detailing the time, location, agenda, voting methods, and attendees [3][4]. - The meeting utilized a combination of on-site and online voting, held on June 30, 2025, at 15:00 in Hangzhou, Zhejiang Province, presided over by Chairman Zhang Heyang [4][6]. Group 2: Attendee Qualifications - A total of 76 attendees, including shareholders and their proxies, held 65,523,502 voting shares, representing 48.8981% of the total shares [5]. - The meeting was attended by 8 shareholders in person, holding 65,437,902 voting shares, which is 48.8343% of the total [5]. Group 3: Voting Procedures and Results - All agenda items were voted on without any postponements, with the voting conducted through both on-site and online methods [6][14]. - The voting results for key resolutions included: - The 2024 Annual Board Work Report received 65,503,102 votes in favor, accounting for 99.9911% of the votes cast [6][7]. - The 2024 Annual Financial Report also passed with 65,505,802 votes in favor, representing 99.9953% [8][9]. - The proposal for the 2024 profit distribution plan was approved with 65,491,002 votes in favor, which is 99.9911% [10][11]. - The resolution for the reappointment of the accounting firm received 65,496,902 votes in favor, equating to 99.9893% [12][13]. Group 4: Legal Conclusion - The legal opinion concludes that the meeting's convening, attendee qualifications, and voting procedures were all conducted in accordance with applicable laws and regulations, affirming the validity of the meeting and its resolutions [14].

证券代码：300698 证券简称：万马科技 公告编号：2025-023 万马科技股份有限公司 2024 年年度股东大会决议公告 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，不存在任 何虚假记载、误导性陈述或重大遗漏。 特别提示： 1、本次股东大会没有补充、否决或修改提案的情况。 2、本次股东大会未涉及变更以往股东大会已经通过的决议。 一、会议召开情况 1、召开时间 （1）现场会议召开时间：2025 年 6 月 30 日（星期一）下午 15:00。 （2）网络投票时间：2025 年 6 月 30 日。其中，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 6 月 30 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互联网投票系统投票的具体时间为： 2025 年 6 月 30 日上午 9∶15 至下午 15:00 期间的任意时间。 2、现场会议地点：杭州市西湖区天际大厦 11 层公司会议室 3、会议召集人：公司董事会 4、会议召开方式：本次会议采取现场投票与网络投票相结合的方式 5、会议主持人：公司董事长张禾阳女士 6、本次股东 ...

北京市天元律师事务所 关于万马科技股份有限公司 2024 年年度股东大会的法律意见 京天股字（2025）第 458 号 致：万马科技股份有限公司 万马科技股份有限公司（以下简称"公司"）2024 年年度股大会（以下简称"本 次股东大会"）采取现场投票与网络投票相结合的方式，现场会议于 2025 年 6 月 30 日在浙江省杭州市西湖区天际大厦 11 层公司会议室召开。北京市天元律师事务所 （以下简称"本所"）接受公司聘任，指派本所律师参加本次股东大会现场会议，并 根据《中华人民共和国公司法》、《中华人民共和国证券法》（以下简称《" 证券法》"）、 《上市公司股东会规则》（以下简称"《股东会规则》"）以及《万马科技股份有限公 司章程》（以下简称"《公司章程》"）等有关规定，就本次股东大会的召集、召开程 序、出席现场会议人员的资格、召集人资格、会议表决程序及表决结果等事项出具 本法律意见。 为出具本法律意见，本所律师审查了《万马科技股份有限公司第四届董事会第 五次会议决议公告》《万马科技股份有限公司第四届监事会第四次会议决议公告》 《万马科技股份有限公司第四届董事会第六次会议决议公告》《万马科技股份有限 公司第四 ...

Market Overview - On June 25, the Shanghai Composite Index rose by 1.04%, the Shenzhen Component Index increased by 1.72%, the ChiNext Index surged by 3.11%, and the CSI 300 Index gained 1.44% [1] - Among the tradable A-shares, 3,919 stocks rose, accounting for 72.48%, while 1,284 stocks declined [1] Capital Flow - The net inflow of main funds was 7.138 billion yuan, marking three consecutive days of net inflow [1] - The ChiNext saw a net inflow of 4.266 billion yuan, while the STAR Market experienced a net outflow of 323 million yuan [1] - The CSI 300 constituent stocks had a net inflow of 8.273 billion yuan [1] Industry Performance - Out of the 28 first-level industries in the Shenwan classification, the top gainers were Non-bank Financials and National Defense & Military Industry, with increases of 4.46% and 3.36% respectively [1] - The industries with the largest declines included Coal, Oil & Petrochemicals, and Transportation, with decreases of 1.00%, 0.57%, and 0.21% respectively [1] Industry Capital Flow - The Non-bank Financials sector led with a net inflow of 12.313 billion yuan and a daily increase of 4.46% [3] - The Computer industry followed with a net inflow of 6.793 billion yuan and a daily increase of 2.99% [3] - The Medical & Biological sector had the largest net outflow of 2.326 billion yuan despite a daily increase of 0.41% [2] Individual Stock Performance - A total of 2,155 stocks experienced net inflows, with 715 stocks having inflows exceeding 10 million yuan [3] - The stock with the highest net inflow was Dongfang Caifu, which rose by 10.04% with a net inflow of 3.747 billion yuan [3] - The stocks with the largest net outflows included Guizhou Moutai, Wanma Technology, and Zhongji Xuchuang, with outflows of 670 million yuan, 545 million yuan, and 490 million yuan respectively [3]

Market Overview - A-shares experienced a significant rise with over 4600 stocks increasing in value, as the Shanghai Composite Index surpassed 3400 points, gaining 1% [1] - The Shenzhen Component Index rose by 1.45%, and the ChiNext Index increased by 1.94%, with a total trading volume exceeding 925 billion yuan, an increase of over 240 billion yuan compared to the previous day [1] Company Specifics: Huasheng Co., Ltd. - Huasheng Co., Ltd. resumed trading and opened at the limit-up price, but quickly fell by 14.8% within three minutes, eventually closing down by 4.33% [3] - The company announced plans to acquire 100% of Yixin Technology through a combination of stock issuance and cash payment, aiming to transition from traditional industries to strategic emerging industries [5] - Huasheng's stock price has increased by 55.49% year-to-date, with a trading volume of 617 million yuan, marking the highest single-day trading volume since February 2024, and a turnover rate of 20.13% [6] - The company's recent financial performance has been underwhelming, reporting a net loss of 49 million yuan in the 2024 annual report and a continued loss of 13 million yuan in the first quarter of this year, attributed to rising interest expenses and operational costs [6] Industry Developments: Intelligent Driving - Guangzhou's government issued a three-year action plan to promote the development of intelligent connected new energy vehicles, targeting that by 2027, over 90% of new vehicles will be L2 or higher level [7] - The plan includes incentives for the production of autonomous vehicles, with rewards of up to 50 million yuan for qualifying models [7] - The intelligent driving sector saw a collective rise, with related indices increasing by over 2%, and significant capital inflow into the sector [7] - Tesla launched its Robotaxi service in Texas, charging only $4.2 per ride, indicating a growing focus on the scalability of autonomous driving technology [11] - A report predicts that the intelligent vehicle sector will experience rapid earnings growth, with the potential for a "Davis Double" effect by 2025 [11] Valuation Insights - Among the 120 stocks in the intelligent driving and vehicle networking sector, the median rolling P/E ratio is 47.46, with several stocks, including Huayu Automotive and Yutong Bus, having P/E ratios below 20 [12] - Huayu Automotive has the lowest rolling P/E ratio at 8.51, indicating potential undervaluation [12] Institutional Holdings - Several stocks in the intelligent driving sector have attracted significant interest from social security funds, with 17 stocks receiving heavy investments totaling 7.971 billion yuan [14] - Yutong Bus has been a consistent favorite, with its stock being heavily held for seven consecutive quarters, reflecting strong institutional confidence [14]

Market Overview - A-shares experienced fluctuations with the Shanghai Composite Index rising by 0.26%, the Shenzhen Component Index increasing by 0.78%, and the ChiNext Index up by 1.08% as of 9:36 AM on June 24 [1] - International oil prices fell sharply, with a 9% drop overnight and an additional decline of over 3% in early trading [1] Key Sectors Autonomous Driving Sector - The autonomous driving and ride-hailing sectors showed strong performance, with stocks like Wanma Technology and Zhejiang Shibao hitting the daily limit [1] - Tesla launched its Robotaxi service in Austin, Texas, with around 10 new Model Y vehicles, leading to an over 8% increase in Tesla's stock, marking its largest single-day gain since April 28 [2] Oil and Gas Sector - The oil and gas sector faced significant declines, with multiple stocks such as Tongyuan Petroleum and Intercontinental Oil & Gas hitting the daily limit down [4] - WTI crude oil futures for August fell by 7.22%, while Brent crude oil futures dropped by 7.18% [4] Institutional Insights Xinda Securities - Xinda Securities anticipates a potential short-term shift in market styles during the July quarterly report period, suggesting that new consumption and AI investment methods may see adjustments followed by a second wave of growth [6] - The financial sector, particularly banks, is expected to continue outperforming [6] Zheshang Securities - Zheshang Securities predicts continued market fluctuations, requiring a period of consolidation to address internal and external pressures [7] - The overall market trend remains positive, with potential opportunities for "high-cut low" operations in new consumption and innovative pharmaceuticals [8] Dongfang Securities - Dongfang Securities notes that as the mid-year report season approaches, market focus may gradually shift back to performance-driven metrics [9] - Growth sectors such as AI, robotics, and solid-state battery materials are expected to dominate in the near term [9]

Core Viewpoint - The smart driving concept stocks experienced a collective surge in early trading, driven by the launch of Tesla's Robotaxi pilot service in Austin, Texas, which offers a fixed fare of $4.20 for the first passengers [1] Group 1: Company Developments - Tesla officially launched its Robotaxi pilot service on June 22 in Austin, Texas, confirming the initiative through CEO Elon Musk [1] - The first passengers using the Robotaxi service will pay a fixed fee of $4.20, indicating a new pricing model for autonomous ride-sharing [1] Group 2: Market Reaction - Stocks related to smart driving, including Wanma Technology, Jinjiang Online, Zhejiang Sebao, and Yong'anxing, reached their daily limit up, while Jun Chuang Technology and Sanyou Technology opened over 10% higher [1]

Core Viewpoint - Wanma Technology (300698) leverages its expertise in connected vehicle management and communication networks to provide integrated solutions for Robotaxi companies, including vehicle-side, network, edge, and cloud components [1] Group 1: Business Capabilities - The company has launched the "Lanhai" global vehicle connection ONESIM and the "Aoyun" end-to-end autonomous driving data closed-loop toolchain, showcasing its technological advancements in the connected vehicle sector [1] - Wanma Technology is the first third-party connected vehicle service provider globally to support SGP.2/22/32 technologies simultaneously, highlighting its competitive edge in the industry [1] Group 2: Market Position - The company possesses intelligent connection management service capabilities for over 14 million vehicles in the connected vehicle field, indicating a significant market presence and operational scale [1]

Group 1: Company Overview - Wanma Technology Co., Ltd. was established in 1997 and listed on the Shenzhen Stock Exchange's Growth Enterprise Market on August 31, 2017 [2][3] - In 2024, the company's total revenue reached 561 million CNY, with a year-on-year growth rate of 7.72% [3] - As of the end of 2024, the communication segment accounted for 47.54% of revenue, while the vehicle networking segment represented 45.52%, indicating a shift towards vehicle networking [3] Group 2: Financial Performance - In Q1 2025, the company's main business revenue was 150 million CNY, showing a year-on-year increase of 78.24% [3] - The net profit attributable to shareholders increased by 237.89% year-on-year [3] Group 3: Product and Service Offerings - The company provides integrated solutions for Robotaxi enterprises, including vehicle-side, network, edge, and cloud services [3] - Wanma Technology is a leading third-party vehicle networking service provider, managing over 14 million connected vehicles globally [3][6] Group 4: Industry Trends and Policies - The Chinese government is actively promoting the commercialization and scaling of the Robotaxi industry, with new policies being implemented in major cities [4][5] - Key regulations include the implementation of the "Beijing Autonomous Driving Vehicle Regulations" starting April 1, 2025, and the launch of autonomous driving buses in Tianjin [4] Group 5: Customer Engagement and Market Expansion - The company is expanding its global business ecosystem, establishing six data centers worldwide to enhance local services and compliance [7] - Wanma Technology has partnered with major automotive manufacturers like Geely and is actively pursuing new clients in the Robotaxi sector [7][9] Group 6: Technical Capabilities - The company utilizes advanced dual-SIM connectivity technology to ensure high bandwidth and low latency for autonomous driving applications [9] - The Robotaxi business requires higher bandwidth and reliability compared to traditional vehicles, leading to increased product and service value [6]