证券代码：300938 证券简称：信测标准 公告编号：2025-208 深圳信测标准技术服务股份有限公司 关于控股股东、实际控制人的一致行动人减持计划期限届满 暨实施情况的公告 控股股东、实际控制人的一致行动人高磊女士保证向本公司提供的信息内 容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一 致。 特别提示： 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 股的控股股东、实际控制人的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%）。 若在减持期间，公司发生送股、可转债转股等股份变动事项，则拟减持的股份数 量不变，减持比例将做相应调整。 公司于近日收到公司控股股东、实际 ...

Market Overview - The Shanghai Composite Index rose by 0.97% on November 6, with 19 out of 28 sectors experiencing gains, led by the metals and electronics sectors, which increased by 3.05% and 3.00% respectively [1] - The media and social services sectors had the largest declines, falling by 1.35% and 1.11% respectively [1] Capital Flow - The net inflow of capital in the two markets was 6.174 billion yuan, with 12 sectors seeing net inflows [1] - The electronics sector had the highest net inflow of 12.224 billion yuan, while the metals sector followed with a net inflow of 3.647 billion yuan [1] Social Services Sector - The social services sector declined by 1.11%, with a net outflow of 1.1 billion yuan [2] - Out of 79 stocks in this sector, 25 rose while 54 fell, with one stock hitting the daily limit down [2] - The top three stocks with the highest net outflows included Caesar Travel, Changbai Mountain, and Xince Standard, with outflows of 228 million yuan, 166 million yuan, and 93.93 million yuan respectively [2] Individual Stock Performance in Social Services - The stock performance in the social services sector showed significant declines for several companies, with Caesar Travel down by 9.37% and Changbai Mountain down by 9.48% [2] - Notable stocks with net inflows included Zhonggang Tianyuan, which saw an inflow of 17.851 million yuan, and Shibu Testing with 9.2576 million yuan [4]

Core Insights - A total of 77 stocks in the Shanghai and Shenzhen markets have experienced net inflows of main funds for five consecutive days or more as of November 5, with Cambricon Technologies (寒武纪-U) leading with 50 days of continuous inflow [1] - The total net inflow of main funds for Cambricon Technologies reached 6.325 billion yuan, followed by Shanghai Pudong Development Bank with a net inflow of 777 million yuan over five days [1] - In terms of the proportion of net inflow to trading volume, *ST Baoying ranks first, with a 47.72% increase over the past eight days [1] Summary by Category Stocks with Continuous Net Inflows - Cambricon Technologies (688256) has seen net inflows for 50 days totaling 6.325 billion yuan, with a price increase of 44.33% [1] - Shanghai Pudong Development Bank (600000) recorded net inflows of 777 million yuan over five days, with a price increase of 0.42% [1] - CITIC Bank (601998) had net inflows of 439 million yuan over six days, with a price increase of 3.85% [1] Notable Performers - *ST Baoying had the highest net inflow ratio, with a significant price increase of 47.72% over the last eight days [1] - Other notable stocks include Jiangsu Bank (600919) with a net inflow of 342 million yuan and a price increase of 5.70%, and Yaxing Anchor Chain (601890) with a net inflow of 331 million yuan and a price increase of 10.16% [1] Additional Stocks with Inflows - Other stocks with notable net inflows include: - China Shenhua (601088) with 314 million yuan and a 3.42% increase [1] - Haotian Co., Ltd. (603759) with 166 million yuan and a 64.35% increase over 11 days [1] - Microelectronic Physiology (688351) with 140 million yuan and a 12.94% increase [1]

深圳信测标准技术服务股份有限公司 证券代码：300938 证券简称：信测标准 公告编号：2025-206 关于控股股东、实际控制人及其一致行动人权益变动后持股比例 本次权益变动前，公司首次公开发行股票时信息披露义务人合计持有公司股份 29,353,590 股，占 公司总股本 65,100,000 股的 45.09%。 公司于 2021 年 9 月 27 日披露了《2021 年限制性股票激励计划（草案）》，拟向激励对象授予不 超过 1,953,000 股限制性股票，其中信息披露义务人吕杰中先生获授 145,000 股，信息披露义务人合 计持有股份数增加至 29,498,590 股。2022 年 6 月 2 日公司实施 2021 年度权益分派，信息披露义务人 合计持有股份增加至 50,147,603 股（资本公积金转股每 10 股转增 7 股）。公司于 2022 年 9 月 27 日 披露了《关于 2021 年限制性股票激励计划预留限制性股票授予登记完成的公告》，信息披露义务人孙 颖俐女士获授限制性股票 50,000 股,信息披露义务人合计持有股份数增加至 50,197,603 股，占总股本 比例 44.05%； ...

深圳信测标准技术服务股份有限公司 简式权益变动报告书 上市公司名称：深圳信测标准技术服务股份有限公司 股票上市地点：深圳证券交易所 股票简称：信测标准 股票代码：300938 信息披露义务人一：高磊 住所：上海市浦东新区 信息披露义务人二：吕杰中 住所：广东省深圳市福田区 信息披露义务人三：吕保忠 住所：广东省深圳市南山区 信息披露义务人四：孙颖俐 住所：广东省深圳市福田区 权益变动性质：持股比例减少 签署日期：2025 年 10 月 28 日 信息披露义务人声明 一、本报告书系依据《中华人民共和国公司法》、《中华人民共和国证 券法》、《上市公司收购管理办法》和《公开发行证券的公司信息披露内容 与格式准则第 15 号—权益变动报告书》等相关法律、法规和规范性文件编写。 二、依据上述法律法规的规定，本报告书已全面披露了信息披露义务人 在深圳信测标准技术服务股份有限公司（以下简称"信测标准"）拥有权益 的股份变动情况。 三、截至本报告书签署之日，除本报告书披露的持股信息外，信息披露 义务人没有通过任何其他方式增加或减少其在信测标准中拥有权益的股份。 四、信息披露义务人签署本报告书已获得必要的授权和批准，其履行亦 ...

深圳信测标准技术服务股份有限公司 证券代码：300938 证券简称：信测标准 公告编号：2025-206 关于控股股东、实际控制人及其一致行动人权益变动后持股比例 触及 5%整数倍的提示性公告 控股股东之一致行动人高磊女士保证向本公司提供的信息内容真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 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、本次权益变动性质为控股股东、实际控制人的一致行动人高磊女士持股比例减少，不触及要约 收购，不会导致公司的控股股东和实际控制人发生变化，不会对公司治理结构及持续经营产生影响。 2、本次权益变动后，公司控股股东、实际控制人及其一致行动人合计持有公司股份 96,541,434 股， 占公司总股本的比例为 39.65%，权益变动触及公司总股本 5%的整数倍。 一、本次权益变动的基本情况 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 ...

简式权益变动报告书 上市公司名称：深圳信测标准技术服务股份有限公司 深圳信测标准技术服务股份有限公司 住所：广东省深圳市南山区 信息披露义务人四：孙颖俐 股票上市地点：深圳证券交易所 股票简称：信测标准 股票代码：300938 信息披露义务人一：高磊 住所：上海市浦东新区 信息披露义务人二：吕杰中 住所：广东省深圳市福田区 信息披露义务人三：吕保忠 住所：广东省深圳市福田区 权益变动性质：持股比例减少 签署日期：2025 年 10 月 28 日 1 信息披露义务人声明 一、本报告书系依据《中华人民共和国公司法》、《中华人民共和国证 券法》、《上市公司收购管理办法》和《公开发行证券的公司信息披露内容 与格式准则第 15 号—权益变动报告书》等相关法律、法规和规范性文件编写。 二、依据上述法律法规的规定，本报告书已全面披露了信息披露义务人 在深圳信测标准技术服务股份有限公司（以下简称"信测标准"）拥有权益 的股份变动情况。 三、截至本报告书签署之日，除本报告书披露的持股信息外，信息披露 义务人没有通过任何其他方式增加或减少其在信测标准中拥有权益的股份。 四、信息披露义务人签署本报告书已获得必要的授权和批准，其履行 ...

Core Viewpoint - Several convertible bonds are experiencing significant declines as they approach their last trading days, highlighting the importance of understanding the details and investment risks associated with these bonds [1][2]. Summary by Sections Convertible Bond Performance - Tongguang Convertible Bond fell by 5.29% on October 29, following a 16.06% drop on October 28, marking four consecutive days of decline. October 29 is its last trading day, with forced redemption at 113 RMB per bond if not converted by November 3, leading to a potential loss of 6.3% based on the closing price of 120.602 RMB [3][4]. - Fushi Convertible Bond closed at 137.805 RMB, down approximately 17% from its historical high in September. It also has its last trading day on October 29, with forced redemption at 100.19 RMB per bond, resulting in a potential loss of 27.30% if not converted [4]. - Changji Convertible Bond has been declining since an early redemption announcement on October 14, with a current price of 117.358 RMB. If not redeemed by November 3, it will be redeemed at 101.151 RMB, leading to a potential loss of 13.81% [5]. - Enjie Convertible Bond has dropped 20.58% from its October high of 160.8 RMB, currently priced at 127.714 RMB. If not converted by the last trading day on October 30, it will be redeemed at 101.44 RMB, resulting in a loss of 20.57% [5]. Market Trends - Despite the overall decline in many convertible bonds, some have shown resilience and even increased in value due to the strong performance of the equity market [6]. Important Considerations - Investors holding convertible bonds nearing their last trading days should consider options such as selling, waiting for redemption, or converting to stocks. Companies typically remind bondholders to convert before trading stops [8]. - For convertible bonds issued by companies on the ChiNext board, investors must have the appropriate trading permissions to convert their bonds into stocks, highlighting the risk of being unable to convert [8]. - Upcoming convertible bonds entering their last trading days include Niutai Convertible Bond on October 30, Chunqiu Convertible Bond on November 3, Sheng24 Convertible Bond on November 10, Chenfeng Convertible Bond on November 17, and Hengbang Convertible Bond on November 24 [8].

Core Insights - On October 28, a block trade of 1.8 million shares of Xince Standard was executed, amounting to 38.34 million yuan, which represented 10.57% of the total trading volume for that day [1][2] - The transaction price was 21.3 yuan per share, reflecting a discount of 21.81% compared to the market closing price of 27.24 yuan [1][2] Summary by Category Trading Activity - The block trade involved 1.8 million shares of Xince Standard at a price of 21.3 yuan [1][2] - The total transaction value was 38.34 million yuan [1][2] - This trade accounted for 10.57% of the total trading volume on that day [1][2] Price Analysis - The executed price of 21.3 yuan per share was at a significant discount of 21.81% from the market closing price of 27.24 yuan [1][2]

Group 1 - The report highlights that Xinqianglian's Q3 2025 performance exceeded expectations, with revenue reaching 3.618 billion yuan, a year-on-year increase of 84.1%, and a net profit of 582 million yuan, up 846.6% year-on-year [3][4] - The report indicates that Xinqianglian's TRB penetration rate is expected to further increase, particularly in small and medium power models, as the company aims to enhance wind turbine quality and reliability [4][5] - The report projects that Xinqianglian will achieve revenues of 4.877 billion yuan, 5.940 billion yuan, and 6.990 billion yuan in 2025, 2026, and 2027 respectively, with corresponding net profits of 904 million yuan, 1.208 billion yuan, and 1.504 billion yuan [5] Group 2 - The report notes that Xince Standard's Q3 2025 revenue reached 597 million yuan, a year-on-year increase of 8.31%, with a net profit of 155 million yuan, also up 8.33% year-on-year [6][7] - The report emphasizes that Xince Standard's Q3 performance marked the highest quarterly revenue growth since Q3 2023, with a revenue of 225 million yuan, up 22.18% year-on-year [7][8] - The report anticipates that Xince Standard will achieve revenues of 807 million yuan, 948 million yuan, and 1.121 billion yuan in 2025, 2026, and 2027 respectively, with net profits of 206 million yuan, 246 million yuan, and 301 million yuan [8] Group 3 - The report states that Yanggu Huatai's Q3 2025 revenue was 858 million yuan, a year-on-year increase of 1.18%, but net profit decreased by 29.15% year-on-year to 33 million yuan [9][11] - The report highlights that the increase in raw material prices, particularly sulfur, has pressured profit margins, leading to a decline in profitability [11][12] - The report mentions that Yanggu Huatai is actively pursuing the acquisition of Bomi Technology, which is expected to enhance its capabilities in the electronic chemicals sector [12][13] Group 4 - The report indicates that Xinlaifu's Q3 2025 revenue was 709 million yuan, a year-on-year increase of 8.70%, while net profit decreased by 2.25% year-on-year to 104 million yuan [16][18] - The report notes that the decline in net profit is attributed to rising raw material prices and international trade policies [18][19] - The report mentions that Xinlaifu is progressing with the acquisition of Jinnan Magnetic Materials, which is expected to create synergies in the magnetic materials sector [19][20] Group 5 - The report highlights that Xinyangfeng's Q3 2025 revenue reached 13.475 billion yuan, a year-on-year increase of 8.96%, with net profit growing by 23.43% to 1.374 billion yuan [22][23] - The report emphasizes that the increase in profit is driven by phosphate fertilizer exports, despite challenges in domestic demand due to adverse weather conditions [23][24] - The report projects that Xinyangfeng will achieve revenues of 173 billion yuan, 190 billion yuan, and 204 billion yuan in 2025, 2026, and 2027 respectively, with net profits of 16.06 billion yuan, 18.48 billion yuan, and 20.36 billion yuan [26] Group 6 - The report states that Great Wall Motors' Q3 2025 revenue was 61.25 billion yuan, a year-on-year increase of 20.5%, while net profit decreased by 31.2% to 2.3 billion yuan [28][29] - The report notes that the increase in sales volume and average selling price was offset by a slight decline in gross margin [29][30] - The report projects that Great Wall Motors will achieve revenues of 225.3 billion yuan, 278.5 billion yuan, and 312.5 billion yuan in 2025, 2026, and 2027 respectively, with net profits of 13.45 billion yuan, 17.4 billion yuan, and 20.43 billion yuan [32] Group 7 - The report indicates that Salt Lake Co.'s Q3 2025 revenue was 11.111 billion yuan, a year-on-year increase of 6.34%, with net profit rising by 43.34% to 4.503 billion yuan [33][34] - The report highlights that the increase in profit is attributed to the rising prices of potassium chloride, despite a decrease in production and sales volume [34][36] - The report projects that Salt Lake Co. will achieve revenues of 167.32 billion yuan, 190.59 billion yuan, and 193.49 billion yuan in 2025, 2026, and 2027 respectively, with net profits of 63.86 billion yuan, 69.45 billion yuan, and 70.89 billion yuan [37] Group 8 - The report states that Satellite Chemical's Q3 2025 revenue was 34.771 billion yuan, a year-on-year increase of 7.73%, with net profit rising by 1.69% to 3.755 billion yuan [39][41] - The report notes that the decline in Q3 net profit is due to a decrease in product prices and narrowing price spreads [41][42] - The report highlights that the α-olefin comprehensive utilization project is progressing well, which is expected to support long-term growth [44]