Group 1: Company Overview - The main business of the company is the research, production, and sales of self-lubricating bearings and high-performance polymers, with key products including self-lubricating bearings, low-friction components, and precision castings [2][3]. - The company’s products are widely used in various industries, including automotive, construction machinery, robotics, energy (both traditional and renewable), port machinery, plastic machinery, and agricultural machinery [2][3]. Group 2: Revenue Breakdown - Revenue from the automotive and construction machinery sectors combined accounts for approximately 80% of the company's total revenue, while other industries contribute around 20% [3]. - In the construction machinery sector, the company’s products are primarily used in excavators, pavers, classifiers, concrete machines, and forklifts, with major clients including Caterpillar, SANY Heavy Industry, and Hengli Hydraulic [3]. Group 3: Market Trends and Growth - The construction machinery industry is showing signs of recovery, with excavator sales reaching 101,716 units from January to May 2025, representing a year-on-year growth of 17.4%, and domestic sales increasing by 25.7% [3]. - The automotive sector is a key focus for the company, which aims to enhance market share and meet customized demands through product iteration and development of new application scenarios [4]. Group 4: Product Features and Advantages - Self-lubricating bearings are a type of sliding bearing that requires little to no external lubricant during operation, making them suitable for heavy loads, low speeds, and harsh conditions [5]. - The company’s self-lubricating bearings are recognized for their lightweight, maintenance-free operation, low noise, long lifespan, high load capacity, corrosion resistance, and environmental friendliness [5][6]. Group 5: Sales and Marketing Strategy - The company has established a wholly-owned subsidiary, Zhejiang Changsheng Bearing Technology Co., Ltd., to handle product sales and market development, focusing on customer relationship management and new product promotion [6]. - The company emphasizes creating value for customers by accurately identifying their needs and providing comprehensive material research and product design solutions [6].

Core Insights - The "CMG World Robot Competition - Mecha Fighting Arena" concluded on May 25, showcasing the capabilities of the Yushu G1 robots in combat skills and motion control [1][2] - Yushu Technology's humanoid robots are expected to achieve a shipment of 1,000 units by 2025, indicating a faster industrialization process [6] Group 1: Event Overview - The competition took place in Hangzhou and was broadcasted live by CCTV Science and Education Channel, featuring four teams competing with Yushu G1 robots [2] - The competition format was based on a point system, consisting of three rounds, each lasting two minutes [2] Group 2: Robot Performance - Yushu G1 robots demonstrated advanced motion control capabilities, executing complex combat moves such as side kicks, knee strikes, and combinations with fluidity and power [3] - The robots exhibited strong balance and recovery abilities, maintaining upright posture after being struck and smoothly transitioning from a fallen position back to standing [3] Group 3: Software and Learning Progress - The robots learned combat skills through a pre-training model that includes real data from professional fighters and video data for imitation learning [4] - The robots' action output is linked to remote control commands, allowing for quick decision-making and execution based on environmental assessments [4] Group 4: Hardware Capabilities - The robots are equipped with high-performance motors, depth cameras, laser radars, and sensors, enhancing their motion output and perception [5] - Lightweight materials contribute to the robots' agility and flexibility during operations [5] Group 5: Industry Outlook - The humanoid robots' skill sets are expanding, and the acceleration of model evolution is crucial for commercial viability and adaptability across various tasks [6] - Investment recommendations include companies such as Zhongda Lide, Changsheng Bearing, and Aobi Zhongguang, with additional attention suggested for Shoucheng Holdings, Wolong Electric Drive, and Lingyun Optics [7]

Group 1: Company Overview - The company specializes in the research, production, and sales of self-lubricating bearings and high-performance polymers, with key products including self-lubricating bearings, low-friction components, and precision castings [2] - In 2024, the company's revenue grew by 2.84% year-on-year, with significant income derived from the automotive and engineering machinery sectors, which together account for approximately 80% of total revenue [2] - The automotive sector has shown continuous growth, with over 100 self-lubricating bearings used in each vehicle, primarily in seats, hinges, steering systems, and shock absorbers [2] Group 2: Market Trends and Projections - The engineering machinery sector experienced a decline in revenue in 2024, but early 2025 data indicates a recovery trend, with expectations for slight revenue growth in the future [2] - The company is actively researching applications of self-lubricating bearings in robotics, focusing on joints and linear actuators, with some products already in mass production while others are in the sampling and testing phase [3] Group 3: Product Development and Applications - The company emphasizes the development of self-lubricating materials, leveraging industry-leading technologies in material formulation and surface composite techniques [4] - Current collaborations with manufacturers of robotic grippers involve products in the sampling and testing stages, including self-lubricating bearings and micro ball screws [3] - The company has achieved mass production of certain screw products for the automotive sector, which are applicable in braking, steering, parking systems, and gearboxes [3] Group 4: Client Relationships - The company has established long-term, stable partnerships with major global suppliers in the automotive and engineering machinery sectors, including companies like BorgWarner, Aptiv, and Caterpillar [5] - The high entry barriers and long certification times in the automotive and engineering machinery supply chains contribute to the stability of client relationships, making it difficult for clients to switch suppliers once a partnership is established [4]

Core Viewpoint - The company Zhejiang Changsheng Sliding Bearing Co., Ltd. has announced its 2024 annual profit distribution plan, which includes a cash dividend of RMB 2.35 per 10 shares for all shareholders, totaling RMB 69,828,471.05 (including tax) [1][2][4]. Summary by Sections 1. Dividend Distribution Plan - The company will distribute a cash dividend of RMB 2.35 per 10 shares based on a total share capital of 298,779,030 shares, excluding 1,636,600 shares repurchased, resulting in a base of 297,142,430 shares [2][4]. - The total cash dividend amount is RMB 69,828,471.05 (including tax) [1][4]. 2. Tax Implications - For QFII, RQFII, and individual investors holding pre-IPO restricted shares, the cash dividend after tax will be RMB 2.115 per 10 shares [2]. - Different tax rates apply for various categories of shareholders, with specific calculations based on holding periods [2]. 3. Key Dates - The record date for the dividend distribution is June 3, 2025, and the ex-dividend date is June 4, 2025 [2]. 4. Dividend Distribution Method - The company will be responsible for any legal liabilities arising from insufficient cash dividends due to a decrease in shareholders' securities accounts during the distribution application period [3]. 5. Adjustments to Parameters - The company will adjust the grant price of restricted stock options in accordance with relevant regulations if there are changes in capital structure or dividend distributions [4].

证券代码：300718 证券简称：长盛轴承 公告编号：2025-032 浙江长盛滑动轴承股份有限公司 2024 年年度权益分派实施公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 特别提示 1、浙江长盛滑动轴承股份有限公司（以下简称"公司"）回购专用证券账户中的股 份 1,636,600 股不参与本次权益分派。本次权益分派将以公司现有总股本 298,779,030 股扣除回购专用证券账户股份 1,636,600 股后的 297,142,430 股为基数，向全体股东每 10 股派 2.35 元人民币（含税），派发现金分红总额为 297,142,430 股×2.35 元/10 股 =69,828,471.05 元（含税）。 2、本次权益分派实施后计算除权除息价格时，按总股本（含回购专用证券账户股 份）折算每 10 股现金红利=派发现金分红总额/公司总股本*10=69,828,471.05 元 /298,779,030 股*10 股=2.337127 元，即每股现金红利为 0.2337127 元。本次权益分派 实施后的除权除息参考价格=权益分派股权登记日收盘价- ...

Core Viewpoint - The company is expanding its business into humanoid robot components, collaborating with manufacturers and conducting research based on market demands, although the timeline for industry capacity expansion remains uncertain [1][3]. Company Performance - In 2023, the company achieved revenue of 1.137 billion yuan, a year-on-year increase of 2.89%, and a net profit of 229 million yuan, a year-on-year decrease of 5.43% [1]. - The company's main products include self-lubricating bearings and low-friction components, which are used in various industries such as automotive, engineering machinery, and robotics [1]. Industry Insights - The humanoid robot industry is projected to grow significantly, with global market sales expected to reach 12,400 units and a market size of 6.339 billion yuan by 2025, and over 640 billion yuan by 2030 [3]. - Bearings are essential components in robots, providing support, guiding rotation, and reducing friction, with sliding bearings being particularly advantageous due to their larger contact area and lower maintenance costs [2]. Product Development and Market Strategy - The company is currently producing small batches of robot components, which account for less than 1% of its main business revenue, while some products are still in the sampling and testing phase [2]. - The company aims to strengthen collaboration with the robotics industry and develop customized solutions based on client needs [2]. Market Position and Competitive Advantage - The company's sliding bearings hold a 1% market share in the global automotive market, with advantages in product performance and stability compared to domestic competitors, and pricing and delivery efficiency compared to overseas competitors [4]. - The company has seen a steady increase in orders, as traditional components like bearings are less subject to price cuts compared to higher-value parts like chips and batteries [5]. Supply Chain and Raw Material Management - The company’s production costs are significantly influenced by copper prices, which are a major component of its raw materials [5]. - The company maintains a safety stock based on average usage and supplier requirements, with raw material inventory levels between one to one and a half months [5].

上海市徐汇区淮海中路 1010 号嘉华中心 45 层 邮政编码 200031 电话: (86-21) 5404 9930 传真: (86-21) 5404 9931 关于浙江长盛滑动轴承股份有限公司 2024 年年度股东大会的法律意见书 致：浙江长盛滑动轴承股份有限公司 根据《中华人民共和国公司法》（以下简称"《公司法》"）以及中国证券监 督管理委员会颁布的《上市公司股东会规则》（以下简称"《股东会规则》"）的 规定，北京市竞天公诚律师事务所上海分所（以下简称"本所"）指派律师对浙江 长盛滑动轴承股份有限公司（以下简称"公司"）2024年年度股东大会（以下简称 "本次股东会"）进行见证，并就本次股东会的召集和召开程序、召集人资格与出 席会议人员资格、表决程序与表决结果发表法律意见。 为出具本法律意见，本所律师审查了《浙江长盛滑动轴承股份有限公司第五 届董事会第七次会议决议公告》《浙江长盛滑动轴承股份有限公司第五届监事会 第七次会议决议公告》《浙江长盛滑动轴承股份有限公司关于召开2024年年度股 东大会的通知》以及本所律师认为必要的其他文件和资料，同时审查了出席现场 会议股东的身份和资格、见证了本次股东会的召开 ...

证券代码：300718 证券简称：长盛轴承 公告编号：2025-031 浙江长盛滑动轴承股份有限公司 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。 特别提示： 1、本次股东大会未出现否决议案的情形。 2、本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 （1）现场会议召开时间：2025 年 5 月 20 日（星期二）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时间为： 2025 年 5 月 20 日（星期二）9:15～9:25，9:30～11:30 和 13:00～15:00；通过 互联网投票系统投票的具体时间为：2025 年 5 月 20 日（星期二）9:15 至 15:00 期间的任意时间。 2、现场会议召开地点：浙江省嘉兴市嘉善县惠民街道鑫达路 6 号公司五楼 会议室。 3、会议召开方式：本次股东大会采用现场表决与网络投票相结合的方式召 开。 4、会议召集人：公司董事会。 5、现场会议主持人：董事长孙志华先生。 6、会议召开的合法、合规性： 本次 ...

【环球网财经综合报道】日前，深交所举办以"机巧灵动·赋能新制造"为主题的上市公司集体业绩说明会，智微智能、长盛 轴承、长盈精密、固高科技等机器人产业链公司参会，公司核心成员与投资者面对面交流，解析业绩并展望行业前景。 在深耕主营业务方面，多家参会公司表现亮眼。长盈精密作为国内精密电子零组件领先企业，2024年聚焦两大主营业务， 推进新业务发展，实现营收169.34亿元，同比增长23.40%，归母净利润7.72亿元，同比大增800.24%。智微智能作为国内领 先的智联网硬件产品及解决方案提供商，2024年全面拥抱AI机遇，在多板块表现出色，实现收入40.34亿元，同比增长 10.06%，归母净利润1.25亿元，同比增长280.73%。 发力机器人新兴赛道上，深市公司积极拓展。2024年，固高科技运动控制核心部件业务表现突出，成为营收增长核心驱动 力。公司跟进机器人领域10多年，协助客户完成系统构建及商业落地，相关部件和系统产品在工业、物流机器人领域有一 定营收。智微智能在控制器领域深耕多年，已推出机器人控制器系列产品，致力于为机器人行业提供计算底座和算力支 撑，下一步将联合合作伙伴制定行业标准。 对于行业未来发 ...

Core Viewpoint - Changsheng Bearing (300718) has gained significant attention in the capital market this year, with nearly a tenfold increase in stock price, driven by its involvement in the "robotics concept" [1][2] Group 1: Company Overview - Changsheng Bearing is headquartered in Jiaxing, Zhejiang, and specializes in the research, production, and sales of self-lubricating bearings and high-performance polymers [1] - The company's main products include self-lubricating bearings, low-friction components, and related precision castings, which are widely used in various industries such as automotive, construction machinery, robotics, port machinery, plastic machinery, and agricultural machinery [1] Group 2: Robotics Business Development - The company has achieved some batch sales in the robotics component sector, although revenue from this area is currently less than 1% of its main income, indicating that the business is still in its early stages [1][2] - Changsheng Bearing is in close communication with robotics manufacturers and related suppliers, with ongoing collaborative projects in the research and development phase [1] - The company has developed self-lubricating bearings for use in robotic joints and some linear actuators, which are characterized by low cost, high strength, high load capacity, and maintenance-free operation [2] Group 3: Market Potential and Future Outlook - Despite the current low revenue from the robotics sector, the company is optimistic about the market potential and development space, expecting continued growth in the future [2] - The revenue from the robotics components sector largely depends on the overall development of the robotics industry, which is currently undergoing continuous iteration and has not yet entered large-scale production [2] - The company has sufficient production capacity to meet future market growth demands, with the ability to produce automotive and robotics products on the same production line [3]