证券代码：301016 证券简称：雷尔伟 公告编号：2025-040 南京雷尔伟新技术股份有限公司 关于公司特定股东股份减持计划期限届满未减持的公告 公司特定股东南京博科企业管理中心（有限合伙）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。 一、股东减持股份情况 1、股东减持股份情况 上述减持计划期间内，南京博科企业管理中心（有限合伙）未减持其所持有的公司股份。 | 股东名称 | 股份性质 | 本次减持前持有股份 | | 本次减持后持有股份 | | | --- | --- | --- | --- | --- | --- | | | | 股数 | 占总股本 | 股数 | 占总股本 | | | | （股） | 比例 | （股） | 比例 | | 南京博科企 | 合计持有股份 | 5,152,000 | 2.3590% | 5,152,000 | 2.3590% | | 业管理中心 （有限合伙） | 其中：无限售条件股份 | 5,152,000 | 2.3590% | 5,152,000 | 2.3590% | | | 有限售条件股份 | - | - | - | - | 2、股东 ...

Financial Performance - The company reported a total revenue of 165 million yuan for the first half of 2025, representing a year-on-year increase of 10.15% [1] - The net profit attributable to shareholders was 29.17 million yuan, up 3.21% year-on-year [1] - In Q2 2025, total revenue reached 121 million yuan, with a year-on-year growth of 13.1% [1] - The net profit for Q2 2025 was 25.48 million yuan, reflecting a 6.79% increase compared to the same period last year [1] Profitability Metrics - The gross margin decreased to 38.76%, down 8.53% year-on-year [1] - The net profit margin also declined to 17.61%, a decrease of 6.33% year-on-year [1] - The total of selling, administrative, and financial expenses was 19.24 million yuan, accounting for 11.65% of revenue, which is a 32.92% decrease year-on-year [1] Balance Sheet Highlights - The company's cash and cash equivalents decreased by 18.65% to 157 million yuan [2] - Accounts receivable increased by 22.07% to 180 million yuan, with accounts receivable to net profit ratio reaching 266.92% [1][3] - The net asset value per share fell to 4.5 yuan, a significant decrease of 48.33% year-on-year [1] Cash Flow Analysis - The net cash flow from investing activities increased by 54.3%, attributed to a significant reduction in the amount spent on financial products compared to the previous year [2] - The net cash flow from financing activities saw a drastic decline of 18820.0%, primarily due to the implementation of equity distribution in 2024 [2] - The net increase in cash and cash equivalents dropped by 81.36%, also linked to the equity distribution [2] Return on Investment - The company's return on invested capital (ROIC) was reported at 6.56%, indicating average capital returns [2] - The historical median ROIC since the company went public is 20.72%, suggesting good investment returns over time [2]

Core Viewpoint - The appointment of Zhao Xudong as the Deputy General Manager of Railway Technology is a significant step for the company, indicating a focus on product innovation and industrial upgrading, with market attention on his performance in project management and profitability optimization [1][7]. Company Overview - Rail Technology is a key manufacturer of core components in the domestic rail transit sector, with a high customer concentration and stable relationships with major clients, including China CNR and various railway bureaus [3]. Financial Performance - In the first half of 2025, the company achieved operating revenue of 165 million yuan, a year-on-year increase of 10.15% - The net profit attributable to shareholders was 20 million yuan, reflecting a year-on-year growth of 3.21% - The net profit after deducting non-recurring gains and losses was 25 million yuan, up 19.08% from the previous year - The net cash flow from operating activities decreased by 18.02% to 11 million yuan - Basic and diluted earnings per share remained unchanged at 0.13 yuan [4]. Management Changes - Zhao Xudong has a background in engineering and management, having served as the Chief Engineer and later as General Manager at Nanjing Sulair New Technology Co., Ltd. before joining Rail Technology [5]. - His appointment is seen as a crucial part of the company's management adjustment, aimed at enhancing strategic transformation across R&D, market expansion, and supply chain management [6][7]. Future Outlook - The market will closely monitor Zhao Xudong's contributions to project management, technology integration, and profit model optimization, as well as the company's strategies for order release, cost control, and profit margin management in the second half of the year [7].

Group 1 - The core viewpoint of the article is that 雷尔伟 (301016.SZ) has seen an increase in institutional investor holdings as of August 25, 2025, with a total of 4 institutional investors holding 6.4743 million shares, representing 2.96% of the total share capital, which is an increase of 0.38 percentage points compared to the previous quarter [1] Group 2 - Among the institutional investors, 南京博科企业管理中心 (Limited Partnership), UBS AG, MORGAN STANLEY & CO. INTERNATIONAL PLC., and Goldman Sachs International - proprietary funds are included, with the total institutional holding ratio rising to 2.96% [1] - Foreign investment sentiment shows that one foreign fund, MORGAN STANLEY & CO. INTERNATIONAL PLC., increased its holdings by 0.13% compared to the previous period [1] - Two new foreign institutions disclosed their holdings this period, namely UBS AG and Goldman Sachs International - proprietary funds, while J.P. Morgan Securities PLC - proprietary funds did not disclose their holdings this quarter [1]

Core Insights - The company reported a total revenue of 165 million yuan for the first half of 2025, marking an increase of 15.2 million yuan compared to the same period last year, representing a year-on-year growth of 10.15% [1] - The net profit attributable to shareholders was 29.17 million yuan, an increase of 906,400 yuan from the same period last year, reflecting a year-on-year growth of 3.21% [1] - The company achieved a net cash inflow from operating activities of 11.41 million yuan [1] Financial Ratios - The latest debt-to-asset ratio stands at 14.45% [3] - The gross profit margin is reported at 38.76% [3] - The return on equity (ROE) is 2.97%, which is an increase of 0.26 percentage points compared to the same period last year [3] Earnings and Turnover - The diluted earnings per share (EPS) is 0.13 yuan [4] - The total asset turnover ratio is 0.14 times, which is an increase of 0.02 times year-on-year, reflecting a growth of 15.07% [4] - The inventory turnover ratio is 0.92 times, an increase of 0.19 times compared to the same period last year, representing a year-on-year growth of 25.77% [4] Shareholding Structure - The number of shareholders is reported at 13,700 [4] - The top ten shareholders hold a total of 164 million shares, accounting for 74.88% of the total share capital [4] - The largest shareholder is Liu Jun, holding 64.4 million shares [4]

Group 1 - The stock price of Railway Technology (雷尔伟) closed at 18.60 yuan on August 25, 2025, with a slight increase of 0.11% from the previous trading day [1] - The trading volume for the day was 51,400 hands, with a transaction amount of 0.95 billion yuan, and a price fluctuation of 2.42% [1] Group 2 - Railway Technology specializes in the research, development, production, and sales of supporting products for rail transit vehicles, including core components such as body major parts, bogie components, and coupler buffer devices [1] - In the first half of 2025, the company achieved an operating income of 1.65 billion yuan, representing a year-on-year growth of 10.15% [1] - The net profit attributable to shareholders of the listed company was 29.17 million yuan, showing a year-on-year increase of 3.21% [1]

Meeting Information - The company will hold the second extraordinary general meeting of shareholders on September 15, 2025, at 14:00 [1] - The network voting will be available on the same day from 9:15 to 15:00 [1][2] Voting Procedures - Shareholders can vote either in person or via the internet, with the first valid vote being counted in case of duplicate votes [2][9] - Shareholders must register to attend the meeting, providing necessary identification and proof of shareholding [3][4] Agenda Items - The meeting will review several proposals, with specific proposals requiring a two-thirds majority for approval [3] - Proposals 1.00, 2.01, and 2.03 are categorized as special resolutions [3] Registration Details - Individual shareholders must present identification and proof of shareholding to register for the meeting [4] - Corporate shareholders must provide additional documentation, including a business license [4] Network Voting Instructions - Detailed instructions for participating in network voting are provided, including the need for identity verification [9][10]

Company Overview - 雷尔伟 announced the appointment of Zhao Xudong as the new Deputy General Manager, following a proposal by the General Manager and approval by the Board of Directors [1] - As of the report date, 雷尔伟 has a market capitalization of 4.1 billion yuan [1] Industry Insights - For the year 2024, 雷尔伟's revenue is entirely derived from the rail transit industry, with a 100% contribution from this sector [1]

Group 1 - The core viewpoint of the article is that 雷尔伟 (301016.SZ) reported a revenue of 165 million yuan for the first half of 2025, reflecting a year-on-year growth of 10.15% [1] - The net profit attributable to shareholders of the listed company reached 29.17 million yuan, which is a year-on-year increase of 3.21% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 25.32 million yuan, showing a year-on-year growth of 19.08% [1] - The basic earnings per share stood at 0.13 yuan [1]

南京雷尔伟新技术股份有限公司 董事、高级管理人员薪酬管理制度 第一章 总则 第一条 为进一步完善南京雷尔伟新技术股份有限公司（以下简称"公司"） 董事和高级管理人员的薪酬，建立科学有效的激励和约束机制，有效调动董事 和高级管理人员的积极性，确保公司发展战略目标的实现，根据《中华人民共 和国公司法》《上市公司治理准则》等有关国家相关法律、法规的规定及《南 京雷尔伟新技术股份有限公司章程》（以下简称"《公司章程》"）、《董事 会薪酬与考核委员会工作细则》，结合公司现行的薪酬管理体系，特制定本制 度。 第二条 本制度适用于《公司章程》规定的董事和高级管理人员，包括：公 司董事、总经理、副总经理、董事会秘书、财务总监。 第三条 公司薪酬管理遵循以下原则： （一）公平原则，体现收入水平符合公司规模与业绩的原则，同时与外部 薪酬水平相符； （二）责权利对等的原则，体现薪酬与岗位价值高低、承担责任大小相 符； （三）长远发展的原则，体现薪酬与公司持续健康发展的目标相符； 第五条 公司董事会薪酬与考核委员会负责制定董事、高级管理人员的薪酬 政策与方案并提出建议；制定董事与高级管理人员考核的标准；负责审查公司 董事、高级管理人 ...