证券代码：300912 证券简称：凯龙高科 公告编号：2025-054 凯龙高科技股份有限公司 关于部分限制性股票回购注销完成的公告 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。 特别提示： 1、凯龙高科技股份有限公司（以下简称"公司"）本次回购注销的第一类 限制性股票共计 10 万股，占回购注销前公司总股本的 0.0870%。 2、本次第一类限制性股票回购涉及人数为 1 人，回购价格为 5 元/股加银行 同期存款利息，即金额合计 50 万元加银行同期存款利息（利息按实际情况计算）。 回购资金来源于公司自有资金或自筹资金。 3、经中国证券登记结算有限责任公司深圳分公司审核确认，公司本次第一 类限制性股票回购注销事宜已于 2025 年 9 月 29 日办理完成。本次回购注销完成 后，公司总股本由 114,982,000 股减少至 114,882,000 股。 公司于 2025 年 7 月 28 日召开第四届董事会第二十一次（临时）会议、第四 届监事会第十四次会议，审议通过了《关于回购注销 2023 年限制性股票激励计 划部分限制性股票的议案》等相关议案。公司已 ...

其间融资余额变动幅度居前个股 | 代码 | 简称 | 最新融资余额（万 | 其间增减 | | | 最新融资余额（万 | 其间增减 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 元） | （%） | 代码 | 简称 | 元） | （%） | | 301043 | 绿岛风 | 11757.39 | 127.26 | 301257 | 普蕊斯 | 6311.57 | -46.74 | | 300604 | 长川科 | 262771.61 | 109.62 | 300912 | 凯龙高 | 6033.62 | -33.04 | | | 技 | | | | 科 | | | | 301086 | 鸿富瀚 | 21329.87 | 69.68 | 301529 | 福赛科 | 19313.01 | -30.32 | | | | | | | 技 | | | | 301019 | 宁波色 | 10787.97 | 64.00 | 301327 | 华宝新 | 9781.53 | -26.17 | | | 母 | | | | 能 | | | | 301021 ...

Core Insights - The latest financing balance of the ChiNext market is 506.12 billion yuan, with a week-on-week increase of 2.49 billion yuan, indicating a positive trend in financing activities [1] - On September 22, the ChiNext index rose by 0.55%, with a total margin balance of 507.76 billion yuan, reflecting an increase of 2.52 billion yuan from the previous trading day [1] - A total of 501 stocks in the ChiNext saw an increase in financing balance, with 34 stocks experiencing a growth rate exceeding 10% [1] Financing Balance Growth - The stock with the highest increase in financing balance is Tongyou Technology, with a latest financing balance of 495.39 million yuan, showing a week-on-week increase of 46.50% and a price increase of 5.87% [3] - Other notable stocks with significant financing balance growth include Shen Shui Institute and Green Island Wind, with increases of 35.92% and 33.75% respectively [3] - Among the stocks with over 10% increase in financing balance, the average price increase on the same day was 5.02%, with notable performers including Guomai Culture, Tianyi Horse, and Lihexing, which rose by 19.99%, 15.38%, and 14.62% respectively [1][3] Financing Balance Decline - A total of 443 stocks experienced a decline in financing balance, with 13 stocks showing a decrease of over 10% [4] - The stock with the largest decline in financing balance is Puris, with a latest financing balance of 80.92 million yuan, reflecting a decrease of 31.71% [5] - Other stocks with significant declines include Kailong High-Tech and Weili Transmission, with decreases of 21.44% and 16.41% respectively [5]

Core Insights - The latest financing balance of the ChiNext market is 503.632 billion yuan, a decrease of 2.051 billion yuan compared to the previous period, with 37 stocks experiencing a financing balance increase of over 10% [1] - On September 19, the ChiNext index fell by 0.16%, with a total margin balance of 505.245 billion yuan, down by 2.063 billion yuan from the previous trading day [1] - Among the stocks with increased financing balances, the largest increase was seen in Weikang Pharmaceutical, which had a financing balance of 46.5396 million yuan, up by 35.67% [1][3] Financing Balance Increase - A total of 358 stocks in the ChiNext market saw an increase in financing balance, with 37 stocks increasing by more than 10% [1] - The stocks with significant financing balance increases include: - Weikang Pharmaceutical: 46.5396 million yuan, +35.67%, closing price 23.80 yuan, +6.06% [3] - Kailong High-Tech: 90.1017 million yuan, +34.63%, closing price 19.00 yuan, -7.27% [3] - Kalait: 176.0133 million yuan, +30.05%, closing price 71.84 yuan, +14.29% [3] - The average increase for stocks with over 10% financing balance growth was 2.11%, with notable performers including Kalait, Tongyu New Materials, and Suzhou Tianmai, which saw increases of 14.29%, 12.14%, and 11.55% respectively [1][3] Financing Balance Decrease - A total of 586 stocks experienced a decrease in financing balance, with 10 stocks seeing a decline of over 10% [4] - The stocks with the largest decreases in financing balance include: - Junting Hotel: 16.921 million yuan, -17.52%, closing price 26.47 yuan, +3.16% [4] - Wavelength Optoelectronics: 36.291 million yuan, -17.37%, closing price 108.30 yuan, +14.60% [4] - Fushite: 5.4887 million yuan, -16.62%, closing price 32.72 yuan, -3.71% [4] Fund Flow - On September 19, among the stocks with increased financing balances, 25 stocks saw net inflows of main funds, with the highest inflows in Kunlun Wanwei, Capital Online, and Sanhuan Group, amounting to 573 million yuan, 182 million yuan, and 123 million yuan respectively [2] - Conversely, 12 stocks experienced net outflows, with the largest outflows in Lihexing, Suao Sensor, and Sudawige, totaling 178 million yuan, 75.5 million yuan, and 46.1427 million yuan respectively [2]

凯龙高科 2025 年第二次临时股东大会 法律意见书 江苏世纪同仁律师事务所 关于凯龙高科技股份有限公司 2025 年第二次临时股东大会的法律意见书 凯龙高科技股份有限公司： 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司股东 会规则》等法律、法规和规范性文件以及《公司章程》的规定，本所受公司董事 会委托，指派本律师出席公司 2025 年第二次临时股东大会，并就本次股东大会 的召集、召开程序、出席会议人员资格、召集人资格、表决程序以及表决结果的 合法有效性等事项出具法律意见。 为出具本法律意见书，本律师对本次股东大会所涉及的有关事项进行了审 查，查阅了相关会议文件，并对有关问题进行了必要的核查和验证。 本律师同意将本法律意见书随公司本次股东大会决议一并公告，并依法对本 法律意见书承担相应的责任。 本律师根据相关法律、法规和规范性文件的要求，按照律师行业公认的业务 标准、道德规范和勤勉尽责精神，出具法律意见如下： 一、关于本次股东大会的召集和召开 1、本次股东大会由公司董事会召集 2025 年 8 月 21 日，公司召开了第四届董事会第二十二次（临时）会议，决 定于 2025 年 9 月 17 ...

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。 特别提示： 证券代码：300912 证券简称：凯龙高科 公告编号：2025-053 凯龙高科技股份有限公司 2025 年第二次临时股东大会决议公告 （一）会议召开情况 1、召开时间： （1）现场会议召开时间：2025 年 9 月 17 日（星期三）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 9 月 17 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 9 月 17 日 9:15 至 15:00 期间的任意时间。 2、召开地点：江苏省无锡市惠山区钱桥街道庙塘桥藕杨路 158 号凯龙高科 技股份有限公司（以下简称"公司"）会议室。 3、召开方式：本次股东大会采取现场表决及网络投票相结合的方式。 4、召集人：公司第四届董事会。 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 5、主持人：公司董事长 ...

Group 1 - The automotive thermal management sector experienced significant gains on September 17, with notable increases in stock prices [1] - Zhongshi Technology saw a rise of 16.88%, while Kailong High-Tech increased by 15.54% [1] - New Coordinates rose by 10.0%, and other companies like Yinlun Co., Feirongda, and Sanhua Intelligent Control all saw increases exceeding 5% [1]

Core Viewpoint - Kailong High-Tech has shown a significant increase in stock price and trading activity, indicating potential investor interest and market performance [1][2]. Financial Performance - As of August 29, 2023, Kailong High-Tech reported a revenue of 315 million yuan for the first half of 2025, reflecting a year-on-year decrease of 7.35% [2]. - The company experienced a net profit loss of 10.69 million yuan, but this represents an 85.79% increase compared to the previous year [2]. Stock Performance - The stock price of Kailong High-Tech increased by 42.70% year-to-date, with a 3.40% rise over the last five trading days, 1.42% over the last twenty days, and 15.89% over the last sixty days [1]. - The stock was trading at 16.41 yuan per share with a market capitalization of 1.887 billion yuan as of September 16, 2023 [1]. Shareholder Information - As of August 29, 2023, the number of shareholders increased to 11,100, a rise of 3.72% from the previous period [2]. - The average number of circulating shares per shareholder decreased by 3.59% to 7,719 shares [2]. Business Overview - Kailong High-Tech specializes in the research, production, and sales of exhaust gas pollution control equipment for internal combustion engines, with 96.76% of its revenue coming from engine exhaust after-treatment systems [1]. - The company is categorized under the automotive industry, specifically in the automotive parts sector, and is associated with concepts such as energy conservation and environmental protection [1]. Dividend Information - Since its A-share listing, Kailong High-Tech has distributed a total of 19.93 million yuan in dividends, with no dividends paid in the last three years [3].

Summary of Key Points Core Viewpoint - The latest financing balance of the ChiNext market is 469.46 billion yuan, showing a decrease of 3.18 billion yuan compared to the previous period, with 17 stocks experiencing a financing balance growth of over 10% and 23 stocks seeing a decline of over 10% [1]. Financing Balance Overview - As of September 4, the ChiNext index fell by 4.25%, with a total margin balance of 470.97 billion yuan, a decrease of 3.25 billion yuan from the previous trading day. The financing balance is 469.46 billion yuan, down by 3.18 billion yuan, while the securities lending balance is 1.51 billion yuan, down by 64.33 million yuan [1]. - Among the 445 stocks with increased financing balances, 17 stocks saw an increase of over 10%. The largest increase was for Shangneng Electric, with a financing balance of 738.61 million yuan, up by 60.76% [1][3]. Stocks with Increased Financing Balances - The stocks with the highest financing balance increases include: - Shangneng Electric: 738.61 million yuan, +60.76%, closing price 34.12 yuan, +13.32% [3]. - Baipusais: 94.00 million yuan, +18.99%, closing price 60.40 yuan, -7.79% [3]. - Kailong Gaoke: 46.23 million yuan, +16.27%, closing price 15.29 yuan, +0.92% [3]. - The average increase for stocks with over 10% growth was 1.22%, with notable performers including Shangneng Electric, Pinwo Food, and Penghui Energy [1]. Stocks with Decreased Financing Balances - A total of 498 stocks saw a decrease in financing balances, with 23 stocks experiencing a decline of over 10%. The largest decrease was for Boyuan Shares, with a financing balance of 11.83 million yuan, down by 37.80% [4]. - Other significant declines include: - Songsheng Shares: 7.55 million yuan, -32.62% [4]. - Youyou Green Energy: 11.74 million yuan, -30.99% [4]. Capital Flow Analysis - On September 4, among the stocks with increased financing balances, 11 stocks saw net inflows of main funds, with Penghui Energy and Shangneng Electric leading with net inflows of 139 million yuan and 133 million yuan, respectively [2]. - Conversely, six stocks experienced net outflows, with Xian Dao Intelligent and Baipusais seeing the largest outflows of 192 million yuan and 22.51 million yuan, respectively [2].

Core Viewpoint - Kailong High-Tech (300912) reported a decline in total revenue for the first half of 2025, but showed significant improvement in profitability metrics despite a negative net profit [1] Financial Performance - Total revenue for the first half of 2025 was 315 million yuan, a decrease of 7.35% year-on-year [1] - Net profit attributable to shareholders was -10.69 million yuan, an improvement of 85.79% year-on-year [1] - In Q2 2025, total revenue was 144 million yuan, down 12.62% year-on-year, while net profit attributable to shareholders was -4.83 million yuan, up 88.75% year-on-year [1] - Gross margin increased by 66.32% to 15.43%, and net margin improved by 82.66% to -3.96% [1] Cost and Efficiency Metrics - Total selling, administrative, and financial expenses amounted to 44.74 million yuan, accounting for 14.21% of revenue, a decrease of 28.03% year-on-year [1] - Earnings per share improved to -0.09 yuan, an increase of 86.15% year-on-year [1] - Operating cash flow per share was 0.17 yuan, a significant increase of 340.44% year-on-year [1] Historical Performance and Business Model - The company's historical return on invested capital (ROIC) has been generally low, with a median of 6.18% since its listing, and a particularly poor ROIC of -27.26% in 2024 [3] - The business model relies heavily on research and development, necessitating a thorough examination of the underlying drivers of this approach [3] Financial Health Indicators - Cash flow situation is concerning, with cash and cash equivalents to current liabilities at only 25.12%, and a negative average operating cash flow over the past three years [4] - Debt situation is also a concern, with interest-bearing debt ratio reaching 23.56% and negative average operating cash flow over the past three years [4] - Financial expenses have been high, with negative net cash flow from operating activities over the past three years [4]