Core Viewpoint - Nanshan Zhishang is actively engaging in the commercial aerospace sector by leveraging ultra-high molecular weight polyethylene fibers, which are recognized for their high strength, low density, radiation resistance, and corrosion resistance, making them ideal for lightweight and radiation-resistant materials [2] Group 1: Product Applications - Ultra-high molecular weight polyethylene fibers are suitable for various applications in commercial aerospace, including high-reliability cables, parachute systems, lightweight structural components for satellites and aircraft, and specialized protective equipment [2] - The company’s downstream customers have already implemented these products in commercial aerospace scenarios, marking an initial entry into the corresponding supply chain [2] Group 2: Industry Engagement - The company is actively collaborating with commercial aerospace, satellite manufacturing, and supporting enterprises to facilitate the integration of its products into more mission types [2] - Specific customer information and order details are subject to commercial confidentiality agreements and cannot be disclosed at this time [2]

Core Viewpoint - The company, Nanshan Zhishang, focuses on the research and industrialization of high-performance fiber materials, particularly in the fields of ultra-high molecular weight polyethylene (UHMWPE) fibers and nylon 66, establishing a comprehensive technical system [1] Group 1: Product Development - The company has developed UHMWPE fibers that possess ultra-high strength, ultra-high modulus, low density, excellent impact resistance, and performance in space environments, making them suitable for applications in spacecraft structural reinforcement, lightweight components, and protective systems [1] - Nylon 66 is characterized by high strength, heat and wear resistance, and good dimensional stability, making it suitable for critical applications such as astronaut suit fabrics, in-cabin safety protection fabrics, and parachute systems [1] Group 2: Technical Advancements - The company has initiated targeted technical development for the aforementioned applications, forming a technological reserve aimed at the commercial aerospace sector [1]

Core Viewpoint - Nanshan Zhishang (300918) reported that as of December 31, 2025, the number of shareholders is expected to reach 32,762 [1] Summary by Relevant Categories Company Information - Nanshan Zhishang has communicated to investors that the projected number of shareholders will be 32,762 by the end of 2025 [1]

Core Viewpoint - The company, Nanshan Zhishang, focuses on the research and industrialization of high-performance fiber materials, particularly in the fields of ultra-high molecular weight polyethylene (UHMWPE) fibers and nylon 66, establishing a comprehensive technical system [1] Group 1: Product Development - The company has developed ultra-high molecular weight polyethylene fibers that possess ultra-high strength, ultra-high modulus, low density, excellent impact resistance, and performance in space environments, making them suitable for applications in spacecraft structural reinforcement, lightweight components, and protective systems [1] - Nylon 66 is characterized by high strength, heat and wear resistance, and good dimensional stability, making it suitable for critical applications such as spacesuit fabrics, in-cabin safety protection fabrics, and parachute systems [1] Group 2: Market Focus - The company has initiated targeted technical development for the aforementioned applications, forming a technological reserve aimed at the commercial aerospace sector [1]

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 2025 年度持续督导定期现场检查报告 | 保荐机构名称：国联民生证券承销保荐有限公司 | | 被保荐公司简称：南山智尚 | | | --- | --- | --- | --- | | 保荐代表人：周栋 | 联系电话：010-85127999 | | | | 保荐代表人：何义豪 | 联系电话：010-85127999 | | | | 现场检查人员：周栋、何义豪 | | | | | 现场检查对应期间：2025 年度 | | | | | 现场检查时间：2025 年 月 日-2025 年 月 日 12 23 12 25 | | | | | 一、现场检查事项 | | 现场检查意见 | | | （一）公司治理 | 是 | 否 | 不适用 | | 现场检查手段：查阅、复制、检查、访谈 | | | | | 1.公司章程和公司治理制度是否完备、合规 | √ | | | | 2.公司章程和三会规则是否得到有效执行 | √ | | | | 3.三会会议记录是否完整，时间、地点、出席人员及会议内 | √ | | | | 容等要件是否齐备，会议资料是否保存完整 | | ...

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 2025 年度持续督导培训情况的报告 本次培训通过演示培训讲义、解读法规条文及案例分析等形式进行，重点对 2025 年修订的法律法规如上市公司治理准则、上市公司募集资金监管规则等及 近年来典型违规处罚案例等方面进行了阐述分析。 根据《证券发行上市保荐业务管理办法》《深圳证券交易所上市公司自律监 管指引第 13 号——保荐业务》《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》《深圳证券交易所创业板股票上市规则》等有关 规定的要求，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"）向特定对象发行股票并在创业板上市的保荐机构，国联民生证券承销保荐 有限公司（以下简称"保荐机构"）于 2025 年 12 月 23 日对南山智尚董事、高级 管理人员及其他相关人员等进行了 2025 年度持续督导现场培训。 一、培训内容 周栋 何义豪 三、培训效果 保荐机构认为，通过本次培训，上述人员增强了对 2025 年新规的认识，加 强理解作为上市公司管理人员在公司信息披露、规范运作等方面所应承担的责任 和义务，进一步提升公司 ...

Investment Rating - The report does not explicitly provide an investment rating for the humanoid robot tendon material industry. Core Insights - The humanoid robot tendon materials are essential for simulating biological tendon functions and transmitting motion and force. Key materials include ultra-high molecular weight polyethylene (UHMWPE) fibers, tungsten wire ropes, aramid fibers, carbon fiber composite ropes, and mixed woven tendons [3][9][13]. Industry Overview - The report outlines the current development status of the humanoid robot tendon material industry, analyzing the industry chain, market size, and development trends. It addresses key questions regarding the industry's competitive landscape and market scale [3][4][5][8]. Competitive Landscape - The competitive landscape of the humanoid robot tendon market features international giants such as Honeywell, Evante, Toyobo, and Hitachi Metals in the first tier. Leading Chinese companies like Nanshan Zhishang, Henghui Anfang, Tongyi Zhong, and Daye Co., Ltd. occupy the second tier, while emerging firms such as Lianhong Xinke, Gaocai Co., Ltd., Maiswei, and Beize Precision are in the third tier [4][54][58]. Market Size - The market size for humanoid robot tendons is projected to grow significantly. For UHMWPE fibers, the market size is expected to increase from approximately 0.1 million yuan in 2024 to 5.3 million yuan by 2030. For tungsten wire ropes, the market size is anticipated to grow from about 0.3 million yuan in 2024 to 22 million yuan by 2030, with a compound annual growth rate (CAGR) of 101.4% [5][59][61]. Development Trends - The development trends in the humanoid robot tendon materials indicate a shift from metal tendons to a coexistence of metal and polymer tendons, with polymers offering advantages in lightweight applications. In the later stages, a combination of metal, polymer fibers, and mixed woven tendons will dominate, with mixed woven tendons showing significant potential due to their combined strengths [6][40][41]. Material Performance Requirements - Humanoid robot tendons require specific performance characteristics, including tensile strength, material strength, fineness, elastic modulus, static load, mechanical life, wear coefficient, and heat resistance. For instance, the tensile strength must reach between 2.5 GPa and 3.5 GPa, and the mechanical life should exceed one million cycles [16][18][22]. Pain Points of Mainstream Materials - The main pain points for UHMWPE fibers include poor creep resistance and wear performance, necessitating high-level algorithms for compensation. Tungsten wire ropes face challenges in lightweight applications, impacting the overall performance of humanoid robots [33][36][38]. Mixed Weaving Solutions - Companies like Gaocai Co., Ltd. and Nanshan Zhishang are focusing on mixed woven tendon solutions, which combine multiple high-performance fibers to enhance durability and performance. This approach aims to achieve longer lifespans and better mechanical properties [44][45][48]. Industry Chain Overview - The industry chain for humanoid robot tendons consists of upstream raw material suppliers, midstream tendon material manufacturers, and downstream application scenarios. The supply chain is evolving, with companies increasingly integrating vertically to enhance competitiveness [49][51]. Future Directions - The future of humanoid robot tendons is expected to evolve towards "smart tendon" systems that integrate sensing, transmission, and feedback capabilities. This advancement will enable real-time monitoring of key parameters, enhancing the precision and safety of robotic operations [64][69].

Group 1 - The establishment of Shandong Nanshan Hengfeng New Materials Technology Co., Ltd. has been reported, with a registered capital of 20 million yuan [1][2] - The legal representative of the company is Zhao Liang, and its business scope includes new material technology research and development, manufacturing and sales of high-performance fibers and composite materials, and various textile processing activities [1][2] - The company is jointly held by Nanshan Zhishang and Shaoxing Keqiao Hengfeng New Materials Technology Co., Ltd. according to the equity penetration data from Tianyancha APP [1][2]

Core Viewpoint - Nanshan Zhishang (300918) is currently not engaged in any joint research initiatives, focusing instead on the development of lightweight applications such as humanoid robot dexterous hands, electronic skin gloves, and clothing [1] Group 1 - The company is actively advancing research and development efforts to strengthen its technological foundation [1] - Nanshan Zhishang maintains an open and cooperative attitude, seeking to connect with high-quality resources across the industry chain [1] - The company aims to explore collaboration opportunities that align with its development plans to promote the application of new material innovations [1]

登录新浪财经APP 搜索【信披】查看更多考评等级 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、本次股东会未出现否决议案的情形。 2、本次股东会不涉及变更以往股东会已通过的决议。 一、会议召开和出席情况 1、股东会召开的时间：2025年12月29日 2、股东会召开的地点：山东省烟台市龙口市南山南路4号公司总部办公大楼二楼会议室 3、本次会议由山东南山智尚科技股份有限公司(以下简称"公司")董事会召集，会议由董事长赵亮先生 主持，并采取现场投票和网络投票相结合的方式召开及表决，本次股东会的召开及表决方式符合《公司 法》《证券法》《深圳证券交易所创业板股票上市规则》等相关法律法规及《公司章程》的规定，会议 召开合法有效。 出席会议的股东和代理人人数合计为184人，出席会议的股东所持有表决权的股份总数为28,199,870股， 出席会议的股东所持有表决权股份数占公司有表决权股份总数的5.6314％（注：截至股权登记日，公司 回购专用证券账户中的股份数量为 5,369,100 股，在计算股东会有表决权总股份时已扣减回购专用证券 账户中的回购股份,下同 ...