证券代码：300918 证券简称：南山智尚 公告编号：2026-004 山东南山智尚科技股份有限公司 2025 年员工持股计划第一次持有人会议决议公告 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，没有虚假 记载、误导性陈述或重大遗漏。 一、持有人会议召开情况 山东南山智尚科技股份有限公司（以下简称"公司"）2025 年员工持股计 划（以下简称"本次员工持股计划"）第一次持有人会议于 2026 年 3 月 26 日以 现场与通讯相结合方式召开。本次会议由公司董事长赵亮先生召集和主持，会 议应出席持有人 35 人，实际出席持有人 35 人，代表本次员工持股计划份额为 49,912,551.00 份，占本次员工持股计划首次授予总份额的 100%。本次会议的召 集、召开、表决程序符合有关法律、行政法规、部门规章、规范性文件和公司本 次员工持股计划的相关规定，会议所作决议合法有效。本次会议经投票表决，审 议通过了如下决议： 二、持有人会议审议情况 1 法》的有关规定，本次员工持股计划第一次持有人会议同意选举韩皞、张剑锋、 孙宇三位为本员工持股计划管理委员会委员，任期与本员工持股计划存续期间一 致。 同日， ...

关于 2025 年员工持股计划首次授予部分非交易过户 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。 山东南山智尚科技股份有限公司（以下简称"公司"或"南山智尚"）于 2025 年 9 月 23 日、2025 年 10 月 10 日分别召开了第三届董事会第十六次会议及 2025 年第二次临时股东会，审议通过了《关于公司〈2025 年员工持股计划（草 案）及其摘要〉的议案》《关于公司〈2025 年员工持股计划管理办法〉的议案》 等相关议案，具体内容详见公司于 2025 年 9 月 24 日、2025 年 10 月 10 日在巨 潮资讯网（http://www.cninfo.com.cn）披露的相关公告。 证券代码：300918 证券简称：南山智尚 公告编号：2026-005 山东南山智尚科技股份有限公司 根据中国证监会《关于上市公司实施员工持股计划试点的指导意见》《深圳 证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运作》的相关 规定，现将公司 2025 年员工持股计划（以下简称"本员工持股计划"）实施进 展情况公告如下： 一、本员工 ...

证券代码：300918 证券简称：南山智尚 公告编号：2026-002 山东南山智尚科技股份有限公司 审议通过了《关于使用闲置募集资金进行现金管理的议案》 经审核，董事会同意公司在不影响募集资金投资项目建设和募集资金正常使 用的情况下，使用额度不超过人民币 5,000 万元的闲置募集资金进行现金管理， 购买安全性高、流动性好、低风险、稳健型的银行理财产品，该额度在董事会审 议通过之日起 12 个月的有效期内可循环滚动使用。 保荐机构对本议案发表了明确同意的核查意见。 第三届董事会第二十次会议决议公告 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，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 山东南山智尚科技股份有限公司（以下简称"公司"）第三届董事会第二十 次会议于2026年3月24日（星期二）以现场与通讯相结合方式在公司会议室召开， 会议通知已于2026年3月14日通过电子邮件、传真、专人送达等方式送达各位董 事，通知中包括会议的相关资料，同时列明了会议的召开时间、地点、内容和方 式。本次会议由董事长赵亮先生主持，应出席董事人数9人，亲自出席董事人数9 人，委托出席董事人数0人 ...

国联民生证券承销保荐有限公司 关于山东南山智尚科技股份有限公司 使用闲置募集资金进行现金管理的核查意见 国联民生证券承销保荐有限公司（以下简称"国联民生承销保荐"或"保荐机 构"）作为山东南山智尚科技股份有限公司（以下简称"南山智尚"或"公司"） 向不特定对象发行可转换公司债券及向特定对象发行股票的保荐机构，根据《上市 公司募集资金监管规则》《深圳证券交易所创业板股票上市规则》《深圳证券交易 所上市公司自律监管指引第 2 号——创业板上市公司规范运作》等有关规定，对南 山智尚使用闲置募集资金进行现金管理的事项进行了核查，核查情况及核查意见如 下： 一、募集资金基本情况 公司经中国证券监督管理委员会《关于同意山东南山智尚科技股份有限公司向 不特定对象发行可转换公司债券注册的批复》（证监许可〔2023〕266 号）同意注册， 公司向不特定对象发行可转换公司债券 699.58 万张，发行价格为每张人民币 100.00 元，募集资金总额为人民币 699,580,000.00 元，扣除承销保荐费人民币 5,596,640.00 元（不含税）后实际收到的金额为人民币 693,983,360.00 元。另减除审计费用、律师 ...

证券代码：300918 证券简称：南山智尚 公告编号：2026-003 山东南山智尚科技股份有限公司 关于使用闲置募集资金进行现金管理的公告 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。 山东南山智尚科技股份有限公司（以下简称"公司"）于 2026 年 3 月 24 日召 开第三届董事会第二十次会议审议通过了《关于使用闲置募集资金进行现金管理的 议案》，同意公司使用额度不超过 5,000 万元的闲置募集资金进行现金管理，用于 购买安全性高、流动性好、有保本承诺的短期理财产品，在上述额度内，资金可滚 动使用，期限自董事会审议通过之日起 12 个月内有效。具体投资方案如下： 一、募集资金基本情况 公司经中国证券监督管理委员会《关于同意山东南山智尚科技股份有限公司向 不特定对象发行可转换公司债券注册的批复》（证监许可〔2023〕266 号）同意注册， 公司向不特定对象发行可转换公司债券 699.58 万张，发行价格为每张人民币 100.00 元 ， 募 集 资 金 总 额 为 人 民 币 699,580,000.00 元 ， 扣 除 承 销 保 荐 费 人 民 币 ...

Investment Rating - The report maintains a "Buy" rating for key companies in the textile and apparel industry, indicating a positive outlook for the sector in 2026 [4]. Core Insights - The textile manufacturing sector is expected to recover in Q1 2026, driven by improved export orders as U.S. tariff policies become clearer. This recovery is anticipated to benefit leading companies in sub-industries such as wool spinning, dyeing, cotton spinning, and nylon, which are expected to see performance exceed expectations due to inventory appreciation and management improvements [3]. - The apparel and home textile sector is projected to perform well, benefiting from a recovering consumer market and an extended sales season due to the later timing of the Spring Festival in 2026. Leading companies in the home textile sub-industry and sports brands are expected to outperform the sector [3]. - Significant growth in textile and apparel exports was noted in January and February 2026, with textile exports increasing by 20.5% and apparel exports by 14.8% year-on-year, marking the highest growth rates since 2022 [3]. - Retail sales of apparel, shoes, and textiles from major enterprises showed a year-on-year increase of 10.4% in early 2026, with online retail sales of clothing items growing by 18.0% [3]. Summary by Sections Q1 2026 Performance Forecast - The report forecasts a positive performance for various segments, including sports apparel, children's clothing, and home textiles, with expected revenue growth across multiple companies [11][12]. - Specific companies such as 比音勒芬 (Biyinlefen) and 海澜之家 (Hailan Home) are projected to see significant revenue increases, with 比音勒芬 expected to grow by 17% and 海澜之家 by 7% year-on-year [11]. Export Growth of Textiles and Apparel - The textile export value is projected to grow significantly, with a year-on-year increase of 20.5% in early 2026, while apparel exports are expected to rise by 14.8% [16][19]. Retail Sales Growth of Major Enterprises - Retail sales for apparel, shoes, and textiles from major enterprises are expected to increase by 10.4% year-on-year in early 2026, indicating a strong recovery in consumer demand [24]. Online Retail Growth - Online retail sales for clothing categories are anticipated to grow by 18.0%, reflecting a robust shift towards e-commerce in the apparel sector [27]. Key Company Valuations and Financial Analysis - The report includes detailed financial projections for key companies, with several firms expected to see improvements in earnings per share (EPS) and return on equity (ROE) in 2026, indicating a favorable investment environment [4].

Core Insights - The article discusses the evolution and core technology routes of dexterous hands, which are essential for humanoid robots, highlighting the significant market potential and domestic replacement paths in the industry [2][3][4]. Group 1: Industry Overview - The dexterous hand, as a critical end-effector of humanoid robots, determines the efficiency and performance of robots, enabling complex interactions with the environment [11]. - The development of dexterous hands has accelerated in recent years, with Tesla's Optimus series becoming a benchmark in the industry, while domestic companies like Yushu Technology and Lingqiao Intelligent are also emerging [6][21]. Group 2: Technology Evolution - The future of dexterous hands will focus on under-actuated architectures, efficient motor drives, and advanced transmission methods, combined with enhanced sensing capabilities to achieve natural and precise operations [3][7]. - The article outlines four core technology routes: degrees of freedom, drive systems, transmission methods, and sensing technologies, which together form a comprehensive technical chain from mechanical structure to intelligent interaction [8][36]. Group 3: Market Potential - The market for dexterous hands is projected to reach a scale of hundreds of billions, with Tesla's Optimus expected to achieve mass production of over one million units in the next 4-5 years, significantly contributing to market growth [3][4][6]. - Domestic listed companies are deepening their layout in core components of dexterous hands, focusing on motors, tendons, screws, sensors, and covers [3][4]. Group 4: Investment Recommendations - Key investment areas include motors, screws, tendons, and sensors, which are characterized by high value and growth potential, with companies positioned advantageously in the supply chain likely to benefit from the industrialization of humanoid robots [4][5]. - Companies in the automotive parts sector are recommended for their strong customer positioning and production capabilities, as their main products are closely related to robotics [5].

Core Viewpoint - The company is closely monitoring the development of the humanoid robot industry and is actively engaging in technical exchanges and sample validations with leading domestic and international enterprises in the sector [1] Group 1: Company Developments - The company's tendon products have undergone multiple rounds of testing, demonstrating key performance metrics that meet mainstream application requirements [1] - The company is committed to following up on customer project progress and mass production planning while preparing comprehensively in terms of capacity, processes, and quality [1] Group 2: Industry Insights - The humanoid robot industry is currently in the stages of prototype iteration, testing validation, and finalizing mass production plans, and has not yet entered full-scale mass production [1] - The company aims to seize opportunities arising from the industry's development [1]

Group 1 - The core point of the article is that Nanshan Zhishang reported a total of 30,253 shareholders as of February 13, 2026 [2]

Group 1 - The company is continuously upgrading and optimizing its robotic tendon products, focusing on enhancing strength and wear resistance [1][2] - The iterative products have been sent to leading domestic and international robotics companies for multiple rounds of testing, with key indicators meeting technical requirements [1][2] - The company has achieved scalable production capacity and will advance bulk supply based on customer project mass production progress [1][2]