| 证券代码：300938 | 证券简称：信测标准 | 公告编号：2025-156 | | --- | --- | --- | | 债券代码：123231 | 债券简称：信测转债 | | 深圳信测标准技术服务股份有限公司 关于信测转债赎回实施暨即将停止转股的重要提示性公告 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。 重要内容提示： 1、最后转股日：2025 年 9 月 5 日 因"信测转债"已停止交易，本公司特提醒投资者在期限内转股。2025 年 9 月 5 日为"信测转债"最后一个转股日，当日收市前，持有"信测转债"的投 资者仍可进行转股。2025 年 9 月 5 日收市后，仍未实施转股的"信测转债" 将停止转股，剩余可转债将按照 100.42 元/张（含税）的价格强制赎回。若被 强制赎回，投资者可能面临损失，敬请投资者注意投资风险。 截至 2025 年 9 月 3 日收市后，距离"信测转债"赎回日（ 2025 年 9 月 8 日）仅剩下 2 个交易日。 2、债券持有人若转股，需开通创业板交易权限。投资者不符合创业板股票 适当性管理要求的，不能将所持"信 ...

Core Viewpoint - The company announces the mandatory redemption of its convertible bonds, "信测转债," and urges investors to convert their bonds into shares before the deadline to avoid potential losses [1][2][3] Group 1: Convertible Bond Redemption Details - The last conversion date for "信测转债" is September 5, 2025, after which unconverted bonds will be redeemed at a price of 100.42 CNY per bond, including tax [1][2] - The company has triggered the conditional redemption clause due to the stock price being above 130% of the conversion price for 15 out of 30 trading days [2][8] - The board of directors approved the early redemption of "信测转债" on August 8, 2025, based on current market conditions [3] Group 2: Financial Information - The total amount raised from the issuance of "信测转债" was 545 million CNY, with a net amount of approximately 533.56 million CNY after deducting issuance costs [4] - The initial conversion price was set at 36.89 CNY per share, which will be adjusted to 25.76 CNY per share effective May 27, 2024, due to capital increases and cash dividends [5][6] - The bond's annual interest rate is 0.50%, and the accrued interest for redemption is calculated to be approximately 0.42 CNY per bond [7][8] Group 3: Redemption Process - The redemption will be executed on September 15, 2025, with funds transferred directly to the bondholders' accounts [9] - Bondholders are advised to consult their brokerage firms for the conversion process and to ensure they meet the conversion deadline [10]

Core Viewpoint - The announcement details a change in the equity holdings of the controlling shareholder and their concerted actors in Shenzhen Xince Standard Technology Service Co., Ltd., triggered by a share reduction and an increase in total share capital due to convertible bonds conversion [1][2]. Group 1: Shareholding Changes - The total number of shares held by the controlling shareholder and their concerted actors decreased from 43.84% to 41.68%, marking a change that touches the 1% integer threshold [2][3]. - High Lei, a concerted actor, reduced her holdings by 1,300,000 shares, which represents a 0.54% decrease in her ownership [2][3]. - The total number of shares held by the controlling shareholders before the change was 101,799,634, which accounted for 43.84% of the total share capital, and after the change, it was 100,601,134 shares, accounting for 41.68% [3]. Group 2: Shareholding Structure - The shareholding structure includes the following: - Lu Jiezhong and his spouse held a total of 40,745,570 shares, representing 17.55% of the total share capital [3]. - Lu Baozhong held 32,475,269 shares, accounting for 13.98% [3]. - Gao Lei held 28,578,795 shares, which was 12.31% of the total share capital before the reduction [3]. Group 3: Transaction Details - The share reduction occurred through block trading, and the total shares reduced were 1,300,000, which is 2.16% of the total share capital after excluding shares in the repurchase account [1][2]. - The equity change period is from August 15, 2024, to September 2, 2025 [2].

深圳信测标准技术服务股份有限公司 关于控股股东、实际控制人及其一致行动人权益变动 触及 1%整数倍的公告 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、深圳信测标准技术服务股份有限公司（以下简称"公司"）已于 2025 年 7 月 17 日披露了《关 于控股股东之一致行动人减持股份的预披露公告》，持有公司股份 28,578,795 股（占公司总股本的 12.48%）的控股股东之一致行动人高磊女士计划自公告披露之日起 15 个交易日后的未来 3 个月内 （2025 年 8 月 8 日至 2025 年 11 月 7 日）以集中竞价和大宗交易方式减持公司股份，合计减持公司股 份不超过 6,779,157 股（占公司剔除回购专用账户中股份数量 3,016,041 股后总股本的 3.00%）。 | 证券代码：300938 | 证券简称：信测标准 | 公告编号：2025-155 | | --- | --- | --- | | 债券代码：123231 | 债券简称：信测转债 | | 2、公司实际控制人之一致行动人高磊女士于 2025 年 8 月 15 日至 ...

Market Overview - The professional services sector experienced a decline of 2.04% on September 2, with Shengke Nano leading the drop [1] - The Shanghai Composite Index closed at 3858.13, down 0.45%, while the Shenzhen Component Index closed at 12553.84, down 2.14% [1] Stock Performance - Notable gainers in the professional services sector included: - Shicun Testing (301228) with a closing price of 28.98, up 5.38% on a trading volume of 79,600 shares and a turnover of 233 million [1] - Xince Standard (300938) closed at 25.80, up 5.26% with a trading volume of 245,200 shares and a turnover of 629 million [1] - Major decliners included: - Shengke Nano (688757) which closed at 30.30, down 5.52% with a trading volume of 36,700 shares and a turnover of 113 million [2] - Zero Point Data (301169) closed at 46.23, down 5.42% with a trading volume of 27,100 shares and a turnover of 127 million [2] Capital Flow - The professional services sector saw a net outflow of 511 million from institutional investors, while retail investors contributed a net inflow of 427 million [2][3] - The sector's capital flow indicated that: - Xince Standard (300938) had a net inflow of 37.01 million from institutional investors, but a net outflow of 44.26 million from retail investors [3] - Steel Research (300797) experienced a net inflow of 27.50 million from institutional investors, with a net outflow of 42.89 million from retail investors [3]

| 证券代码：300938 | 证券简称：信测标准 | 公告编号：2025-154 | | --- | --- | --- | | 债券代码：123231 | 债券简称：信测转债 | | 深圳信测标准技术服务股份有限公司 关于信测转债赎回实施暨即将停止转股的重要提示性公告 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。 重要内容提示： 1、最后转股日：2025 年 9 月 5 日 因"信测转债"已停止交易，本公司特提醒投资者在期限内转股。2025 年 9 月 5 日为"信测转债"最后一个转股日，当日收市前，持有"信测转债"的投 资者仍可进行转股。2025 年 9 月 5 日收市后，仍未实施转股的"信测转债" 将停止转股，剩余可转债将按照 100.42 元/张（含税）的价格强制赎回。若被 强制赎回，投资者可能面临损失，敬请投资者注意投资风险。 截至 2025 年 9 月 2 日收市后，距离"信测转债"赎回日（ 2025 年 9 月 8 日）仅剩下 3 个交易日。 2、债券持有人若转股，需开通创业板交易权限。投资者不符合创业板股票 适当性管理要求的，不能将所持"信 ...

9月1日，信测标准收跌1.09%，收盘价为24.51元，发生1笔大宗交易，合计成交量130万股，成交金额 2576.6万元。 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 进一步统计，近3个月内该股累计发生1笔大宗交易，合计成交金额为2576.6万元。该股近5个交易日累 计下跌5.00%，主力资金合计净流出3776.67万元。 责任编辑：小浪快报 第1笔成交价格为19.82元，成交130.00万股，成交金额2,576.60万元，溢价率为-19.14%，买方营业部为 申万宏源证券有限公司上海黄浦区中山南一路证券营业部，卖方营业部为五矿证券有限公司深圳海田路 证券营业部。 ...

| 证券代码：300938 | 证券简称：信测标准 | 公告编号：2025-153 | | --- | --- | --- | | | 债券简称：信测转债 | | | 债券代码：123231 | | | 深圳信测标准技术服务股份有限公司 关于信测转债赎回实施暨即将停止交易的重要提示性公告 2、最后转股日：2025 年 9 月 5 日 2025 年 9 月 5 日为"信测转债"最后一个转股日，当日收市前，持有"信 测转债"的投资者仍可进行转股。2025 年 9 月 5 日收市后，仍未实施转股的 "信测转债"将停止转股，剩余可转债将按照 100.42 元/张（含税）的价格强 制赎回。若被强制赎回，投资者可能面临损失，敬请投资者注意投资风险。 截至 2025 年 9 月 1 日收市后，距离"信测转债"停止交易（ 2025 年 9 月 3 日）仅剩下 1 个交易日，距离"信测转债"赎回日（ 2025 年 9 月 8 日） 仅剩下 4 个交易日。 3、债券持有人若转股，需开通创业板交易权限。投资者不符合创业板股票 适当性管理要求的，不能将所持"信测转债"转换为股票，特提请投资者关注 不能转股的风险。 4、特提醒"信测转 ...

Investment Rating - The report maintains a "Strong Buy" rating for the company, expecting it to outperform the benchmark index by over 20% in the next six months [1][7]. Core Insights - The company achieved a revenue of 372 million yuan in H1 2025, representing a year-on-year increase of 1.35%, with a net profit attributable to the parent company of 95 million yuan, up 2.40% year-on-year [6]. - In Q2 2025, the company reported a revenue of 206 million yuan, a year-on-year increase of 10.45%, and a net profit of 58 million yuan, up 11.82% year-on-year [6]. - The establishment of a joint venture to enter the robotics sector is expected to inject new growth momentum into the company [6][7]. Financial Performance Summary - H1 2025 gross margin was 60.68%, with a net margin of 25.71%, showing a year-on-year increase of 1.42 percentage points and a slight decrease of 0.7 percentage points, respectively [6]. - Revenue breakdown for H1 2025 includes automotive testing at 162 million yuan (up 10.52% YoY), electronic and electrical product testing at 90 million yuan (up 2.35% YoY), equipment sales at 72 million yuan (down 14.85% YoY), and other businesses at 48 million yuan (up 0.07% YoY) [6]. - The company plans to leverage its technological advantages and market resources to expand into military product testing, which is expected to contribute to future revenue growth [6][7]. Future Projections - The company is projected to achieve net profits of 198 million yuan, 228 million yuan, and 262 million yuan for the years 2025, 2026, and 2027, respectively, with year-on-year growth rates of 12.5%, 14.9%, and 15.2% [8][7]. - The target price for the company's stock is set at 30.05 yuan, based on a 35x price-to-earnings ratio for 2025 [2][7].

Core Viewpoint - Shenzhen Xince Standard Technology Service Co., Ltd. has announced the forced redemption of its convertible bonds "Xince Convertible Bonds" (code: 123231) due to the triggering of conditional redemption clauses, with trading set to cease on September 2, 2025, and redemption occurring on September 8, 2025 [1][2][3]. Summary by Sections Important Content Reminder - "Xince Convertible Bonds" will stop trading after the market closes on September 2, 2025, and investors can still convert their bonds until September 5, 2025 [1][2]. - If conversion is not executed by the deadline, remaining bonds will be forcibly redeemed at a price of 100.42 CNY per bond, including tax [1][2]. Conditional Redemption Trigger - The conditional redemption clause was triggered as the closing price of the company's stock was at least 130% of the current conversion price (18.22 CNY) for 15 out of 30 consecutive trading days from July 17 to August 8, 2025 [2][8]. Redemption Implementation Arrangements - The redemption price is set at 100.42 CNY per bond, which includes accrued interest calculated based on a 0.50% annual interest rate [7][8]. - The redemption will affect all bondholders registered with the China Securities Depository and Clearing Corporation as of September 5, 2025 [9]. Company Actions and Financial Details - The company issued 5,450,000 convertible bonds with a total value of 545 million CNY, approved by the China Securities Regulatory Commission [3][4]. - The net amount raised after deducting issuance costs was approximately 533.56 million CNY [4]. Stock Price Adjustment - The initial conversion price of the bonds was set at 36.89 CNY per share, which will be adjusted to 25.76 CNY following a capital increase and cash dividend distribution [5][6]. Shareholder Transactions - The actual controller and major shareholders did not trade "Xince Convertible Bonds" in the six months leading up to the redemption condition being met [10].