北京市中伦律师事务所 关于银川威力传动技术股份有限公司 2024 年限制性股票激励计划 作废部分已授予尚未归属的限制性股票相关事项的 法律意见 二〇二五年七月 北京 • 上海 • 深圳 • 广州 • 武汉 • 成都 • 重庆 • 青岛 • 杭州 • 南京 • 海口 • 东京 • 香港 • 伦敦 • 纽约 • 洛杉矶 • 旧金山 • 阿拉木图 Beijing • Shanghai • Shenzhen • Guangzhou • Wuhan • Chengdu • Chongqing • Qingdao • Hangzhou • Nanjing • Haikou • Tokyo • Hong Kong • London • New York • Los Angeles • San Francisco • Almaty 北京市中伦律师事务所 关于银川威力传动技术股份有限公司 1 法律意见 一、 本次作废部分限制性股票的批准与授权 2024 年限制性股票激励计划 作废部分已授予尚未归属的限制性股票相关事项的 法律意见 致：银川威力传动技术股份有限公司 北京市中伦律师事务所接受委托，担任银川威力传动技术股份有限公司实 ...

Core Viewpoint - The company is undergoing significant management changes and facing declining financial performance, with a focus on strategic adjustments to navigate challenges in the wind power industry [1][3][4] Management Changes - The company announced the resignation of its president, Chang Xiaowei, due to personal reasons, effective immediately, with the chairman, Li Xiang, temporarily assuming the role [1] - Chen Yongning has been elected as the employee director of the board, bringing experience from various roles within the company [1][2] Financial Performance - The company's revenue has declined significantly from 619.1 million yuan in 2022 to 345.2 million yuan in 2024, representing a decrease of 10.65% and 37.60% respectively [3] - Net profit has also turned negative, with a drop from 68.26 million yuan in 2022 to a loss of 29.55 million yuan in 2024, reflecting a decline of 39.64% and 171.72% [3] - The company reported a 41.54% decrease in sales volume for 2024 compared to 2023, leading to a 38.47% reduction in production volume [3] Strategic Response - The company aims to enhance competitiveness by deepening its focus on the renewable energy sector, expanding overseas markets, and improving supply chain efficiency [4] - Efforts will include cost control, digital transformation, and optimizing product structure and service quality to meet market demands [4]

银川威力传动技术股份有限公司（以下简称"公司"）于2025年7月16日召 开职工代表大会2025年第一次会议，审议通过了《关于选举职工董事的议案》， 选举陈永宁女士（简历见附件）为公司第三届董事会职工董事，任期自本次职 工代表大会通过之日起至第三届董事会届满之日止。 本次职工董事选举后，公司第三届董事会中兼任公司高级管理人员以及由 职工代表担任的董事人数未超过公司董事总数的二分之一，符合相关法律法规 的要求。 证券代码：300904 证券简称：威力传动 公告编号：2025-039 银川威力传动技术股份有限公司 关于选举职工董事的公告 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。 特此公告。 银川威力传动技术股份有限公司 董事会 2025年7月17日 附件：职工代表董事简历 陈永宁：女，1984年11月出生，中国国籍，无境外永久居留权，本科学历， 助理经济师、中级人力资源管理师。历任宁夏青龙管业股份有限公司人力资源 岗；公司人力资源主管、综合管理部副部长、部长；公司职工监事、监事会主 席；现任公司总裁助理兼总裁办公室主任。 截至本公告披露日，陈永宁女士通过20 ...

关于董事、总裁辞职的公告 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。 银川威力传动技术股份有限公司（以下简称"公司"）董事会近日收到董 事、总裁常晓薇先生提交的书面辞职报告。常晓薇先生因个人原因，申请辞去 公司董事、总裁职务，常晓薇先生的原定任期届满日为2025年12月15日。辞职 后，常晓薇先生将不再担任公司任何职务。 按照相关法律法规及《公司章程》的规定，常晓薇先生的辞职未导致董事 会成员低于法定最低人数，其辞职不会影响公司董事会的依法规范运作。公司 董事会已接受常晓薇先生的辞职申请，其所负责的工作已实现平稳交接、过渡， 离职不会影响公司的生产经营。公司将按照法定程序尽快补选董事及聘任总裁。 为保证公司相关工作顺利开展，总裁空缺期间，由董事长李想先生代行总裁职 责，直至公司按程序聘任新任总裁为止。 截至本公告披露日，常晓薇先生未直接持有公司股票，通过公司2024年员 工持股计划间接持有公司股份14,300股，占公司总股本的0.0198%，不存在应当 履行而未履行的承诺事项。公司对常晓薇先生在任职期间恪尽职守、勤勉尽责 的工作态度以及为公司发展做出的积极 ...

威力传动（300904）公告，公司董事会近日收到董事、总裁常晓薇先生的书面辞职报告。常晓薇先生因 个人原因申请辞去公司董事、总裁职务，原定任期届满日为2025年12月15日。辞职后，常晓薇先生将不 再担任公司任何职务。其负责的工作已实现平稳交接，离职不会影响公司生产经营。公司将尽快补选董 事及聘任新总裁。截至公告披露日，常晓薇先生通过公司2024年员工持股计划间接持有公司股份14300 股，占总股本的0.0198%。公司对常晓薇先生任职期间的积极贡献表示感谢。 ...

Group 1: Company Overview - Weili Transmission Technology Co., Ltd. specializes in the research, production, and sales of wind power gearboxes, including yaw drive and pitch gearboxes for China's first 10MW offshore wind turbine, filling a gap in the domestic market for high-power offshore wind gearboxes [1] - The company is developing a "Wind Power Gearbox Smart Factory," which will become the largest R&D and production base for large wind power gearboxes in Northern China, enhancing China's competitiveness in wind power equipment manufacturing [1] Group 2: Financial Support and Investment - The first phase of the gearbox project has a total investment of nearly 2 billion yuan, with a bank consortium loan support of 1.439 billion yuan, demonstrating the importance of financial backing for high-investment projects in the wind power sector [2] - Financial institutions have optimized loan structures to alleviate initial funding pressures for Weili Transmission, allowing for flexible repayment terms [2] Group 3: Industry Development and Innovation - The banking sector in Ningxia is actively promoting innovative financial products and services to support technological innovation and industrial upgrades, exemplified by the support for Weili Transmission and other companies in the region [2] - The Ningxia Shared Group is undergoing a digital transformation supported by financial institutions, with a significant loan from the Bank of Communications facilitating the construction of a 3D printing smart factory [3] - Ningxia Zhonghuan Photovoltaic Materials Co., Ltd. has invested over 15 billion yuan in a project with a capacity of over 77GW, supported by a bank consortium loan of 7.3 billion yuan, highlighting the financial sector's role in advancing renewable energy projects [4][5] Group 4: Future Prospects - The Ningxia Banking Association has facilitated the establishment of 16 bank consortium projects focused on new energy and technology enterprises, with a total agreement amount of 43.043 billion yuan, aiming to support the growth of high-tech companies [5] - The banking sector in Ningxia is committed to increasing credit investment and innovating financial products to accelerate the development of high-tech enterprises in the region [5]

Company Overview - Weili Transmission was established in 2003 in Yinchuan, with over 1,000 employees [2] - The main business includes R&D, production, and sales of wind power gearboxes and speed increasers, focusing on precision transmission solutions for the renewable energy industry [2] - The company officially listed on the Shenzhen Stock Exchange's Growth Enterprise Market in August 2023 [2] Employee Growth and Talent Management - The company added approximately 400 employees last year to prepare for the smart factory of speed increasers, ensuring product quality and smooth production [3] - A stock incentive and employee shareholding plan was implemented in July 2024 to attract and retain talent, enhancing team cohesion and core competitiveness [3] Production and Quality Control - The smart factory for speed increasers is currently under construction and progressing as planned [3] - The company has developed a proprietary wind power gearbox testing platform to ensure product quality, certified by ISO9001 and IATF16949 [3] - A comprehensive quality management system is in place, covering the entire production cycle, including raw material quality control and production process management [3] International Market Expansion - The company has established global service points in key markets, including Hamburg, Chennai, and Tokyo, to enhance customer response speed and demonstrate commitment to globalization [3] - It has successfully entered the qualified supplier lists of several international wind power companies, including Siemens-Gamesa and Adani [3] Industry Outlook - According to the Global Wind Energy Council (GWEC), the wind power industry is expected to see a compound annual growth rate of 8.8% from 2025 to 2030, with global wind capacity projected to increase by 981 GW by 2030 [4] - National policies are continuously promoting the development of renewable energy, with significant initiatives aimed at improving clean energy utilization and establishing large-scale wind and solar bases [4] - The company aims to enhance service capabilities, deepen customer relationships, and optimize supply chain management to solidify and expand its international market share [4]

Company Overview - 威力传动 was established in 2003 in Yinchuan, with over 1,000 employees [2] - The main business includes R&D, production, and sales of wind power gearboxes and speed increasers, focusing on precision transmission solutions for the renewable energy sector [2] - The company officially listed on the Shenzhen Stock Exchange's Growth Enterprise Market in August 2023 [2] Industry Outlook - According to the Global Wind Energy Council (GWEC), the wind power industry is expected to see a compound annual growth rate of 8.8% from 2025 to 2030, with an additional 981 GW of global wind capacity by 2030 [3] - China's renewable energy generation is a key focus area due to policies like the "14th Five-Year Plan" and goals for "carbon peak" and "carbon neutrality" [3] Product Advantages - The wind power speed increaser is considered a core component of wind turbine technology, featuring advantages such as smooth engagement, low noise, good sealing performance, high efficiency, lightweight, and low cost [3] - The company employs advanced manufacturing techniques, including high-quality alloy steel materials and precision machining, ensuring high durability and efficiency [3] International Expansion - The company has established a clear strategy for expanding into international markets, with service points in key locations such as Hamburg, Chennai, and Tokyo [3] - It has successfully entered the supplier lists of renowned international wind power companies, including Siemens-Gamesa and Adani [3] Project Impact - The approval of a 65 MW wind power project is expected to enhance the company's renewable energy generation capabilities and support the development of its gearbox and speed increaser businesses [4] - This project will lay a solid foundation for expanding into the renewable energy market and improving competitiveness [4] Investor Communication - The company ensures compliance with information disclosure regulations, maintaining transparency and accuracy in communications with investors [4]

银川威力传动技术股份有限公司（以下简称"公司"）于2025年3月14日召 开第三届董事会第三十次会议审议通过了《关于回购公司股份方案的议案》， 同意公司使用自有资金和/或自筹资金通过深圳证券交易所集中竞价交易方式回 购公司已发行的人民币普通股（A股）股票（以下简称"本次回购"），回购的 股份后续将用于股权激励或员工持股计划。本次回购的资金总额不低于人民币 6,000万元且不超过人民币9,000万元（均含本数），回购价格不超过人民币 70.00元/股。具体回购股份的数量以回购结束时实际回购的股份数量为准。本 次回购股份的实施期限自董事会审议通过本次回购股份方案之日起十二个月内。 具体内容详见公司在巨潮资讯网（www.cninfo.com.cn）披露的《关于回购公司 股份方案的公告》及《回购股份报告书》。 根据《上市公司股份回购规则》《深圳证券交易所上市公司自律监管指引 第9号—回购股份》等有关规定，在回购股份期间，公司应当在每个月的前三个 交易日内披露截至上月末的回购进展情况。现将公司回购股份进展情况公告如 下： 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。 ...

Group 1: Wind Power Gearbox Industry - The report highlights the scarcity of wind power gearboxes, with a focus on the expected performance and valuation elasticity due to increased production capacity and orders [2][24][25] - The company has completed its precision wind power gearbox production project, with a significant increase in sales expected in 2025, leading to a projected gross margin recovery to 16.6% by 2025, an increase of 10 percentage points from 2024 [2][25] - A strategic cooperation agreement with Goldwind Technology was signed in October 2024, establishing a foundation for future orders, with the gearbox (speed increaser) accounting for 23% of the value, which is nine times that of the reducer, indicating substantial growth potential [2][25][26] Group 2: Functional Sugar Industry - The report indicates that the company is the largest producer of oligosaccharides globally, with a focus on functional sugars, which are expected to see rapid growth in demand [27][30] - The company has optimized its operational strategies and management efficiency, leading to a return to growth in 2024, with significant contributions from prebiotics and sugar substitutes [27][28] - Future production expansions include a 20,000-ton alulose sugar project starting in March 2025 and the introduction of new products using synthetic biology technology, which are expected to enhance profitability [31][32] Group 3: Construction and Chemical Engineering Industry - The report emphasizes the rising investment opportunities in infrastructure in the central and western regions of China, particularly in Xinjiang and Tibet, driven by the Belt and Road Initiative [3][43][45] - The chemical engineering sector is expected to benefit from the acceleration of coal chemical projects, with a total investment exceeding 1.4 trillion yuan, indicating strong order support for chemical engineering companies [3][46] - The report recommends companies such as Sany Road and Bridge, China Energy Construction, and China Electric Power Construction as key players in the infrastructure and chemical engineering sectors [3][44][46]