Core Viewpoint - Jiangnan Yifan announced that board member and major shareholder Chen Yuanzhi, along with his concerted action partner Gong Jianfen, planned to reduce their holdings through centralized bidding and block trading, but the reduction plan has now been terminated after a limited amount of shares were sold [1] Summary by Relevant Sections - **Reduction Plan Details** - Chen Yuanzhi and Gong Jianfen intended to reduce their holdings by up to 777,900 shares through centralized bidding and up to 635,400 shares through block trading within three months after the announcement [1] - **Actual Reduction** - From August 21 to October 16 and from October 18 to November 19, they cumulatively reduced 61,200 shares through centralized bidding at average prices of 46.4 CNY/share and 40.34 CNY/share [1] - This reduction accounted for 0.0744% of the total share capital after deducting the company's repurchased shares [1] - **Termination of the Plan** - The reduction plan has been officially terminated following the completion of the limited share sales [1]

证券代码：301023 证券简称：江南奕帆 公告编号：2025-074 无锡江南奕帆电力传动科技股份有限公司 关于公司董事、持股5%以上股东减持计划届满的公告 无锡江南奕帆电力传动科技股份有限公司（以下简称"公司"）于2025年7月30日 披露了《关于公司董事、持股5%以上股东减持计划预披露的公告》（公告编号：2025- 038），持有公司股份 5,873,093 股（占当时扣除公司回购股份数后的总股本比例的 7.5501%）的董事、持股5%以上股东陈渊技先生，及其一致行动人持有公司股份 6,705,299 股（占当时扣除公司回购股份数后的总股本比例的8.6200%）的董事、持股 5%以上股东龚建芬女士计划自公告披露之日起15个交易日后的3个月内，通过集中竞 价合计减持公司股份不超过777,879股(占当时扣除公司回购股份数后的总股本比例的 1.0000%），通过大宗交易方式合计减持公司股份不超过 635,395股(占当时扣除公司回 购股份数后的总股本比例的0.8168%）。若计划减持期间公司有派息、送股、转增股 本、配股等除权除息事项，上述拟减持股份数量将相应进行调整，但减持股份占扣除 公司回购股份数后的总 ...

Group 1 - The company Jiangnan Yifan announced a profit distribution plan for the first three quarters of 2025, proposing a cash dividend of RMB 4.00 per 10 shares (including tax) [2] - The record date for the dividend distribution is set for November 25, 2025, and the ex-dividend date is November 26, 2025 [2]

证券代码：301023 证券简称：江南奕帆 公告编号：2025-073 无锡江南奕帆电力传动科技股份有限公司 2025年前三季度权益分派实施公告 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。 重要提示： 1、2025年第三次临时股东大会审议通过的利润分配方案为：以无锡江南奕帆电力 传动科技股份有限公司（以下简称"公司"）总股本扣除回购股份后的股本77,767,200 股为基数，向全体股东每10股派发现金红利人民币4.00元(含税)，合计派发现金红利人 民 币 = 参 与 利 润 分 配 的 股 数 ÷ 10 × 每 10 股 派 发 现 金 红 利 =77,767,200 股 ÷ 10 × 4.00=31,106,880元(含税)；本次利润分配不以资本公积转增股本，不送红股，剩余未分 配利润结转以后年度分配。在2025年前三季度利润分配预案披露日至实施权益分派股 权登记日期间，若公司总股本发生变动，公司将按照分配比例不变的原则对分配总额 进行相应调整。 2、本次分配方案未以总股本为基数，实施存在其他差异化安排，具体如下：公司 现有总股本为78,166,650 ...

Core Viewpoint - Jiangnan Yifan announced the release of share pledges by its controlling shareholder, Liu Jincheng, involving 1,600,000 shares [1] Group 1 - The company received a notification from its controlling shareholder regarding the release of pledged shares [1] - The number of shares involved in the pledge release is 1,600,000 [1]

Group 1 - Jiangnan Yifan announced the release of 1.6 million shares from pledge by its controlling shareholder Liu Jincheng, who has a total of 13 million shares pledged, accounting for 42.78% of his holdings [1] - The company's revenue composition for the year 2024 is projected to be 98.87% from electric motors and 1.13% from other businesses [1] - As of the announcement, Jiangnan Yifan's market capitalization is 3 billion yuan [2]

证券代码：301023 证券简称：江南奕帆 公告编号：2025-072 无锡江南奕帆电力传动科技股份有限公司 关于控股股东部分股份解除质押的公告 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。 截至本公告披露日，刘锦成先生股份质押数量合计占其所持公司股份数量比 例为 42.78%，其资信状况良好，具备良好的资金偿还能力，质押风险可控，不 存在平仓风险，不会对公司生产经营、公司治理等产生影响，也不会导致公司实 | 股东名 | 是否为控股 股东或第一 | 本次解除质 | 占其所 | 占公司总 | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 称 | | 押股份数量 | 持股份 | 股本比例 | 质押起始日 | 质押到期日 | 质权人 | | | 大股东及其 | （股） | 比例 | | | | | | | 一致行动人 | | | | | | | | 刘锦成 | 是 | 1,600,000 | 5.27% | 2.05% | 2024/11/6 | 2025/11/17 | 中原信托有限公司 | ...

Core Insights - Jiangnan Yifan's stock price increased by 0.38% on November 14, with a trading volume of 48.08 million yuan. The financing buy-in amount was 4.87 million yuan, while the financing repayment was 7.12 million yuan, resulting in a net financing outflow of 2.24 million yuan [1] - As of November 14, the total margin balance for Jiangnan Yifan was 88.92 million yuan, accounting for 2.85% of its market capitalization, indicating a high level compared to the past year [1] - The company reported a decrease in revenue and net profit for the first nine months of 2025, with revenue of 202 million yuan (down 0.31% year-on-year) and a net profit of 58.33 million yuan (down 19.07% year-on-year) [2] Financing and Margin Data - On November 14, Jiangnan Yifan had a financing buy-in of 4.87 million yuan, with a total financing balance of 88.92 million yuan, which is above the 50th percentile level for the past year [1] - The company had no short-selling activity on November 14, with a short-selling balance of 0 yuan, indicating a high level of short-selling availability compared to the past year [1] Business Performance - Jiangnan Yifan's main business involves the research, development, manufacturing, and sales of customized micro-reduction motors, with revenue contributions from energy storage reduction motors (67.29%), RV reduction motors (15.11%), other products (9.18%), and solar motors (8.42%) [1] - The company has distributed a total of 240 million yuan in dividends since its A-share listing, with 197 million yuan distributed over the past three years [3]

Core Points - The electric motor sector experienced a decline of 2.03% on the trading day, with Fangzheng Electric leading the drop [1] - The Shanghai Composite Index closed at 3990.49, down 0.97%, while the Shenzhen Component Index closed at 13216.03, down 1.93% [1] Stock Performance - Bafang Co., Ltd. (603489) closed at 31.24, up 3.65% with a trading volume of 65,100 shares and a transaction value of 201 million yuan [1] - Kangping Technology (300907) closed at 32.66, up 1.90% with a trading volume of 26,000 shares and a transaction value of 84.69 million yuan [1] - Huarui Co., Ltd. (300626) closed at 13.15, up 1.47% with a trading volume of 176,600 shares [1] - Tongda Power (002576) closed at 17.93, up 0.50% with a trading volume of 33,200 shares and a transaction value of 59.67 million yuan [1] - Mingzhi Electric (603728) closed at 66.32, up 0.48% with a trading volume of 61,700 shares [1] - Jiangnan Yifan (301023) closed at 40.05, up 0.38% with a trading volume of 12,000 shares and a transaction value of 48.08 million yuan [1] - Huayang Intelligent (301502) closed at 47.90, up 0.23% with a trading volume of 4,544 shares and a transaction value of 21.83 million yuan [1] - Shenli Co., Ltd. (603819) closed at 12.21, up 0.08% with a trading volume of 40,700 shares and a transaction value of 49.83 million yuan [1] - Dibei Electric (603320) closed at 19.40, down 0.05% with a trading volume of 15,500 shares and a transaction value of 30.12 million yuan [1] - China Electric Motor (603988) closed at 26.10, down 0.15% with a trading volume of 46,300 shares and a transaction value of 121 million yuan [1] Capital Flow - The electric motor sector saw a net outflow of 1.037 billion yuan from main funds, while retail investors contributed a net inflow of 966 million yuan [3] - Speculative funds recorded a net inflow of 70.95 million yuan [3]

北京德恒（无锡）律师事务所 关于无锡江南奕帆电力传动科技股份有限公司 2025 年第三次临时股东大会的 法律意见 无锡市滨湖区太湖新城金融一街 15 号平安财富中心 8 层 电话:0510-85215998 传真:0510-85215778 邮编:214000 北京德恒（无锡）律师事务所 关于无锡江南奕帆电力传动科技股份有限公司 2025 年第三次临时股东大会的法律意见 北京德恒（无锡）律师事务所 关于无锡江南奕帆电力传动科技股份有限公司 2025 年第三次临时股东大会的 法律意见 致：无锡江南奕帆电力传动科技股份有限公司 北京德恒（无锡）律师事务所受无锡江南奕帆电力传动科技股份有限公司（以 下简称"江南奕帆"或"公司"）委托，指派本所律师出席无锡江南奕帆电力传动科 技股份有限公司 2025 年第三次临时股东大会（以下简称"本次股东大会"），并 对本次股东大会的合法性进行见证并出具法律意见。本法律意见根据《中华人民 共和国公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》（以下 简称"《证券法》"）等有关法律、法规和规范性文件以及《无锡江南奕帆电力传 动科技股份有限公司章程》（以下简称"《公司章程》 ...