Group 1 - The core viewpoint of the news is that Jin Ying Heavy Industry's stock has experienced fluctuations, with a recent decline of 2.04% and a year-to-date increase of 23.98% [1] - As of October 17, the stock price is reported at 11.54 CNY per share, with a market capitalization of 6.155 billion CNY [1] - The company has seen a net outflow of 242.20 thousand CNY in principal funds, with significant selling activity [1] Group 2 - For the first half of 2025, Jin Ying Heavy Industry achieved operating revenue of 1.35 billion CNY, representing a year-on-year growth of 5.30% [2] - The net profit attributable to the parent company for the same period was 94.70 million CNY, reflecting a year-on-year increase of 14.37% [2] - The company has distributed a total of 149 million CNY in dividends since its A-share listing, with 85.43 million CNY distributed over the past three years [3] Group 3 - As of June 30, 2025, the number of shareholders for Jin Ying Heavy Industry increased by 14.89% to 19,400, while the average circulating shares per person decreased by 12.96% to 27,553 shares [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 1.178 million shares, a decrease of 3.85 thousand shares from the previous period [3]

Core Points - The rail transit equipment sector experienced a decline of 0.84% on September 25, with Jin Ying Heavy Industry leading the drop [1] - The Shanghai Composite Index closed at 3853.3, down 0.01%, while the Shenzhen Component Index closed at 13445.9, up 0.67% [1] Sector Performance - The following companies in the rail transit equipment sector showed varied performance: - Times Electric (688187) closed at 51.38, up 0.86% with a trading volume of 109,800 shares and a turnover of 561 million yuan - Gongda High-Tech (688367) closed at 21.09, up 0.48% with a trading volume of 65,200 shares and a turnover of 143 million yuan - Changqing Technology (001324) closed at 19.76, up 0.15% with a trading volume of 28,500 shares and a turnover of 56.75 million yuan - Tongye Technology (300960) closed at 27.24, up 0.07% with a trading volume of 23,000 shares and a turnover of 63.50 million yuan - Times New Materials (600458) closed at 15.41, down 0.32% with a trading volume of 275,000 shares and a turnover of 426 million yuan - Yonghui Electric (300351) closed at 18.26, down 0.44% with a trading volume of 130,500 shares and a turnover of 242 million yuan - Tianzhi New Materials (688033) closed at 6.25, down 0.48% with a trading volume of 96,200 shares and a turnover of 60.69 million yuan - High-speed Rail Electric (688285) closed at 8.64, down 0.69% with a trading volume of 17,200 shares and a turnover of 14.89 million yuan - CRRC Corporation (601766) closed at 7.39, down 0.81% with a trading volume of 685,200 shares and a turnover of 508 million yuan - Yan'ao Co., Ltd. (300923) closed at 25.30, down 0.86% with a trading volume of 13,500 shares and a turnover of 34.41 million yuan [1] Capital Flow - On the same day, the rail transit equipment sector saw a net outflow of 60.20 million yuan from institutional investors, while retail investors contributed a net inflow of 14.41 million yuan [3]

Market Overview - On September 19, the rail transit equipment sector experienced a slight decline of 0.0% compared to the previous trading day, with Tongye Technology leading the drop [1] - The Shanghai Composite Index closed at 3820.09, down 0.3%, while the Shenzhen Component Index closed at 13070.86, down 0.04% [1] Individual Stock Performance - Notable gainers in the rail transit equipment sector included: - China Railway Industry (600528) with a closing price of 8.51, up 2.16% on a trading volume of 325,800 shares and a transaction value of 276 million yuan [1] - Times Electric (688187) closed at 48.50, up 0.79% with a trading volume of 78,900 shares and a transaction value of 384 million yuan [1] - Conversely, Tongye Technology (300960) led the declines with a closing price of 27.66, down 3.92% on a trading volume of 22,400 shares and a transaction value of 63.2 million yuan [2] - Other significant decliners included: - Weiao Co., Ltd. (605001) down 3.25% to 7.45 with a transaction value of 77.2 million yuan [2] - Tieda Technology (872541) down 3.23% to 16.16 with a transaction value of 56.7 million yuan [2] Capital Flow Analysis - The rail transit equipment sector saw a net outflow of 140 million yuan from main funds, while retail investors contributed a net inflow of 111 million yuan [2] - The sector also experienced a net inflow of 28.7 million yuan from speculative funds [2]

Market Overview - On September 12, the rail transit equipment sector experienced a slight decline of 0.15%, with 雷尔伟 leading the losses [1] - The Shanghai Composite Index closed at 3883.69, up 0.22%, while the Shenzhen Component Index closed at 12996.38, up 0.13% [1] Stock Performance - The top-performing stock in the rail transit equipment sector was 必得科技, which saw a closing price of 45.43, reflecting a 10.00% increase with a trading volume of 103,800 shares and a transaction value of 447 million [1] - Other notable gainers included 全唐车丁 (up 2.58%), 天直新材 (up 1.97%), and 中国铁物 (up 1.46%) [1] Decliners - 雷尔伟 was the biggest loser, closing at 21.18 with a decline of 3.33% and a trading volume of 100,600 shares [2] - Other stocks that declined included 交控科技 (down 2.78%) and 研奧股份 (down 1.50%) [2] Capital Flow - The rail transit equipment sector saw a net inflow of 9.7067 million from institutional investors, while retail investors experienced a net outflow of 42.7397 million [2][3] - The main stocks with significant capital inflow included 必得科技 (net inflow of 65.5658 million) and 全鹰重工 (net inflow of 23.0537 million) [3] Summary of Individual Stocks - 必得科技 had a strong performance with a net inflow from institutional investors of 65.5658 million, while retail investors showed a net outflow of 42.4637 million [3] - 中铁工业 also saw a net inflow of 18.7004 million from institutional investors, indicating positive sentiment [3]

特别提示： 1、本次股东会无否决议案的情形； 2、本次股东会不涉及变更前次股东会决议。 一、会议召开和出席情况 （一）会议召开情况 1、股东会现场会议召开的时间：2025 年 9 月 11 日 15:00 证券代码：301048 证券简称：金鹰重工 公告编号：2025-033 金鹰重型工程机械股份有限公司 2025 年第一次临时股东会会议决议公告 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。 2、网络投票时间：2025 年 9 月 11 日 通过深圳证券交易所交易系统进行网络投票的具体时间为 2025 年 9 月 11 日上午 9:15— 9:25，9:30—11:30，下午 13:00—15:00；通过深圳证券交易所互联网投票系统进行网络投票 的具体时间为 2025 年 9 月 11 日上午 9:15 至下午 15:00 期间的任意时间。 3、股东会召开的地点：湖北省襄阳市樊城区新华路 6 号金鹰重工 2 楼会议室。 4、召开方式：本次股东会采用现场表决与网络投票相结合的方式召开。 5、召集人：公司董事会 6、主持人：董事长张伟先生 会议的召集、召开与表决 ...

上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于金鹰重型工程机械股份有限公司 2025 年第一次临时股东会的 法律意见书 地址：上海市浦东新区银城中路 501 号上海中心大厦 11/12 楼 电话：021-20511000 传真：021-20511999 邮编：200120 上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于金鹰重型工程机械股份有限公司 2025 年第一次临时股东会的 2 上海市锦天城律师事务所 法律意见书 经核查，公司本次股东会是由公司董事会召集召开的。公司已于 2025 年 8 月 27 日在指定信息披露媒体上发布了《关于召开 2025 年第一次临时股东会的通 知》，将本次股东会的召开时间、地点、审议事项、出席对象、登记方法等予以 公告，公告刊登的日期距本次股东会的召开日期已达 15 日以上。 法律意见书 致：金鹰重型工程机械股份有限公司 上海市锦天城律师事务所（以下简称"本所"）接受金鹰重型工程机械股份 有限公司（以下简称"公司"）委托，就公司召开 2025 年第一次临时股东会（以 下简称"本次股东会"）的有关事宜，根据《中华人民共和国公司法》（以下简 称" ...

Core Viewpoint - The company acknowledges that its stock price is influenced by multiple factors including macroeconomic environment, industry cycles, market sentiment, and capital preferences, which may lead to short-term volatility [1] Group 1: Company Strategy - The company emphasizes the importance of enhancing intrinsic value through optimizing asset structure, strengthening cost control, and promoting technological innovation [1] - Recent efforts have included optimizing industrial layout, deepening internal collaboration, and advancing digital transformation to continuously improve operational quality [1] - The company plans to focus on its core business and explore capital operation paths to ensure the preservation and appreciation of state-owned capital while optimizing its structure under controllable risks [1] Group 2: Capital Operations and Governance - The company will carefully assess the feasibility of capital operations in conjunction with strategic planning, market conditions, and regulatory requirements [1] - Any specific plans for capital operations will be disclosed in strict accordance with regulatory rules to ensure fair access to information for investors [1] - The company prioritizes shareholder rights and will continue to promote high-quality development through standardized governance, prudent operations, and open communication to address investor concerns [1]

Company Overview - Jinying Heavy Industry (SZ 301048) announced the convening of its 13th board meeting on August 26, 2025, to review the 2025 semi-annual report and related documents [1] - The company's revenue composition for the year 2024 is as follows: 73.67% from railway engineering machinery, 20.03% from freight equipment, and 6.3% from other business revenues [1] Industry Insights - The pet industry is experiencing significant growth, with a market size of 300 billion yuan, leading to a surge in stock prices for related listed companies [1]

Core Points - The company has revised its articles of association and governance systems, including the cancellation of the supervisory board and the establishment of new governance protocols [5][8][9] Group 1: Company Overview - The company is named Jin Ying Heavy Engineering Machinery Co., Ltd. and is listed under the stock code 301048 [1] - The company has not changed its controlling shareholder or actual controller during the reporting period [5] Group 2: Financial and Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares during the reporting period [3] - There are no preferred shareholders or changes in the number of shareholders during the reporting period [4][5] Group 3: Governance Revisions - The articles of association have been revised to enhance the protection of the rights of the company, shareholders, employees, and creditors [6][7] - New sections have been added to clarify the responsibilities and obligations of controlling shareholders and actual controllers [6] - The board of directors' structure has been updated to include specialized committees, with the audit committee assuming the legal responsibilities of the supervisory board [7] Group 4: New Governance Systems - The company has revised 19 governance-related systems to comply with the latest regulations and improve operational management [8][9] - New rules for the general manager's office and decision-making processes have been drafted to enhance governance mechanisms [8]

Group 1 - The company held its 13th meeting of the second board on August 26, 2025, with all 9 directors present, including 3 independent directors [3][4] - The board approved the proposal to cancel the supervisory board and amend the company's articles of association, which will be submitted to the shareholders' meeting for approval [4][5] - The board also approved the company's 2025 semi-annual report, confirming that the report accurately reflects the company's financial status and operational results [8][9] Group 2 - The supervisory board held its 11th meeting on August 26, 2025, with all 3 supervisors present, and confirmed the legality of the meeting procedures [16][17] - The supervisory board approved the company's 2025 semi-annual report and the special report on the storage and use of raised funds, affirming compliance with relevant regulations [18][20] - Both reports will be disclosed on the company's official information platform [9][20]