证券代码：301170 证券简称：锡南科技 公告编号：2025-028 无锡锡南科技股份有限公司 关于董事辞职暨选举职工董事的公告 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。 一、部分董事辞职情况 无锡锡南科技股份有限公司（以下简称"公司"）董事会于 2025 年 9 月 12 日收 到公司非独立董事肖英女士递交的书面辞职报告。因公司内部工作调整，肖英女士申 请辞去公司第二届董事会非独立董事职务。肖英女士辞职后将继续在公司担任其他相 关职务。肖英女士的辞职不会导致公司董事会成员低于法定最低人数。 截至书面辞职报告递交日，肖英女士通过无锡锡南融智企业管理合伙企业（有限 合伙）间接持有公司股份，占公司总股本的比例为 0.062%。根据《中华人民共和国公 司法》（以下简称"《公司法》"）及《公司章程》的有关规定，肖英女士的辞职报 告自送达董事会时生效。 二、补选职工董事的情况 根据《公司法》《深圳证券交易所创业板股票上市规则》《深圳证券交易所上市 公司自律监管指引第 2 号——创业板上市公司规范运作》等法律法规、规范性文件以 及《公司章程》的相关规定，公司于 2 ...

Group 1 - The company, Xinan Technology (301170), reported that as of September 10, 2025, the number of shareholders is 9,133 [1]

一、保荐工作概述 | 项目 | | 工作内容 | | --- | --- | --- | | 1.公司信息披露审阅情况 | | | | （1）是否及时审阅公司信息披露文件 | 是 | | | （2）未及时审阅公司信息披露文件的次数 | 无 | | | 2．督导公司建立健全并有效执行规章制度的情况 | | | | （1）是否督导公司建立健全规章制度（包括但不 限于防止关联方占用公司资源的制度、募集资金 | 是 | | | 管理制度、内控制度、内部审计制度、关联交易 | | | | 制度） | | | | （2）公司是否有效执行相关规章制度 | 是 | | | 3.募集资金监督情况 | | | | （1）查询公司募集资金专户次数 | 6次 | | | （2）公司募集资金项目进展是否与信息披露文件 | 是 | | | 一致 | | | | 4.公司治理督导情况 | | | | （1）列席公司股东大会次数 | 0次 | | 1 中信证券股份有限公司 关于无锡锡南科技股份有限公司 2025年半年度跟踪报告 | 保荐人名称：中信证券股份有限公司 | 被保荐公司简称： 锡南科技 | | --- | --- | | 保荐代表 ...

Investment Rating - The industry investment rating is "Positive" (maintained) [1] Core Viewpoints - The bottom of the liquor market is gradually emerging, and growth in new consumption is expected. The food and beverage index experienced a decline of 1.0% from September 1 to September 5, ranking 14th among 28 sub-industries, underperforming the CSI 300 by approximately 0.2 percentage points. The sub-industries of processed foods (+1.0%), meat products (+0.5%), and other foods (0.0%) performed relatively well. Individual stocks such as Huanlejia, Qianwei Yangchun, and Huifa Foods saw significant gains, while Aipu Co., Youyou Foods, and New Dairy experienced notable declines. Despite market consolidation, a more proactive investment approach in the food and beverage sector is recommended to seize undervalued rotation opportunities. The liquor sector is facing demand decline due to alcohol bans, but the current fundamental situation is already reflected in the market, and the risk is reduced. As companies streamline operations, they are expected to resonate with the subsequent industry recovery, leading to increased investment interest. Some liquor brands are showing signs of improvement in opening rates, indicating that the fundamental bottom is approaching. The food and beverage sector has undergone a prolonged adjustment, and current valuations are relatively low, providing a high safety margin. Public fund positions have continued to decrease, optimizing the chip structure. Liquor companies, represented by liquor stocks, are showing a continuous increase in dividends, aligning with the stock selection criteria of certain funds, making them attractive to conservative investors. Additionally, new consumption is expected to continue attracting funds in the second half of the year. From the mid-year performance reports, new consumption targets exhibit rapid growth and strong growth potential, with high growth expected for the entire year. Investors are advised to focus on new channels, new categories, and new markets to identify new consumption targets that align with industry development trends. Specific recommended stocks include Weilong Delicious, Yanjinpuzi, Ximai Foods, Dongpeng Beverage, Youyou Foods, Wancheng Group, and Bairun Co. [3][11][12] Market Performance - From September 1 to September 5, the food and beverage index declined by 1.0%, ranking 14th out of 28, underperforming the CSI 300 by approximately 0.2 percentage points. The sub-industries of processed foods (+1.0%), meat products (+0.5%), and other foods (0.0%) performed relatively well. Individual stocks such as Huanlejia, Qianwei Yangchun, and Huifa Foods saw significant gains, while Aipu Co., Youyou Foods, and New Dairy experienced notable declines [12][13]. Upstream Data - On September 2, the GDT auction price for whole milk powder was $3,809 per ton, down 5.6% month-on-month but up 12.2% year-on-year. The domestic fresh milk price was 3.0 yuan per kilogram on August 28, remaining stable month-on-month but down 4.7% year-on-year. In the short to medium term, domestic milk prices are still on a downward trend [16][17]. Liquor Industry News - Recently, Guizhou Province announced two liquor projects with a total investment of 5.2 billion yuan. The projects include a 50,000-ton annual production facility for sauce-flavored liquor and an intelligent storage center for sauce-flavored liquor. The total investment for the production facility is 5 billion yuan, while the intelligent storage center has an investment of 200 million yuan [38][39].

Investment Rating - The industry investment rating is "Positive" (maintained) [1] Core Views - The food and beverage index increased by 2.1% from August 25 to August 29, ranking 7th among 28 sectors, underperforming the CSI 300 by approximately 0.6 percentage points. The snack (+10.2%), dairy (+2.7%), and liquor (+2.1%) sectors performed relatively well [4][12] - In Q2 2025, the food and beverage sector's revenue grew by 5.6% year-on-year, showing a slight recovery compared to Q1 2025 (+4.6%). However, profits declined by 2.1%, a decrease from Q1 2025 (+0.3%). The liquor sector saw a significant revenue growth decline of -5.0% in Q2 compared to +1.7% in Q1, primarily due to the impact of alcohol bans [4][12] - The report indicates a further widening of performance differentiation among companies, with leading firms like Kweichow Moutai and Haitian Flavor Industry maintaining stable growth, while some second-tier brands experienced revenue slowdowns. This reflects an increasing market share trend for leading companies amid external pressures [4][12] - The report suggests that most industries are expected to continue a recovery process in the second half of 2025, with a potential gradual upward shift in demand curves. It recommends focusing on leading companies for investment [4][12] Summary by Sections Weekly Insights - The food and beverage index increased by 2.1%, ranking 7th among sectors, and underperformed the CSI 300 by about 0.6 percentage points. The snack, dairy, and liquor sectors showed relative strength [12][13] Market Performance - The food and beverage sector's performance was below the market average, with a 2.1% increase, while snacks, dairy, and liquor sectors outperformed [12][13] Upstream Data - Some upstream raw material prices have decreased. For instance, the price of fresh milk was 3.0 CNY/kg, down 5.6% year-on-year, while pork prices were 20.0 CNY/kg, down 27.4% year-on-year [19][22] Liquor Industry News - The 29° Wuliangye "One Heart" has begun pre-sale, with a price of 399 CNY per bottle. Kweichow Moutai also launched a high-end product priced at 998 CNY per bottle [41][42] Memorandum - Attention is drawn to the shareholder meeting of Salted Fish on September 5, 2025, along with other companies holding meetings [43][47]

Summary of Key Points Core Viewpoint - On August 29, a total of 34 stocks were identified with institutional activity, with 19 showing net buying and 15 showing net selling by institutions [2]. Group 1: Institutional Net Buying - The top three stocks with the highest net buying by institutions were: - Shenzhen South Circuit (深南电路) with a net buying amount of 363 million yuan, representing a price increase of 6.19% [3][2]. - Wancheng Group (万辰集团) with a net buying amount of 308 million yuan, showing a significant price increase of 20.00% [3][2]. - Longyang Electronics (隆扬电子) with a net buying amount of 92.27 million yuan, reflecting a price increase of 5.13% [3][2]. Group 2: Institutional Net Selling - The top three stocks with the highest net selling by institutions were: - China National Materials (中材科技) with a net outflow of 194 million yuan, experiencing a price decrease of 2.58% [5][2]. - Changfei Optical Fiber (长飞光纤) with a net outflow of 127 million yuan, with a price increase of 10.01% [5][2]. - Chuanrun Co., Ltd. (川润股份) with a net outflow of 86.67 million yuan, showing a price decrease of 9.99% [5][2].

Group 1: Advanced Manufacturing Sector - On August 28, 2025, the well-known company Chasing Technology officially announced its entry into the automotive sector, planning to launch its first ultra-luxury electric vehicle by 2027, indicating a significant shift from its previous focus on smart hardware like vacuum cleaners [4] - The National Standard for the transportation of power lithium batteries has been approved and will be implemented on February 1, 2026, which aims to enhance transportation efficiency and safety within the new energy industry [4] Group 2: Consumer Sector - Wancheng Group reported a total operating income of 22.583 billion yuan for the first half of 2025, a year-on-year increase of 106.89%, with a net profit of 472 million yuan, reflecting a staggering growth of 50,358.8% [8] - The company's core business in bulk snack foods showed a net profit of 956 million yuan, with a year-on-year increase of 241.43%, indicating a strong shift from scale expansion to simultaneous growth in scale and profitability [9] - Mixue Ice City achieved total revenue of 14.875 billion yuan in the first half of 2025, a year-on-year growth of 39.3%, with a net profit of 2.718 billion yuan, reflecting effective cost control and supply chain optimization [10] - The rapid increase in the number of stores, with 9,796 new stores added in the first half of 2025, has been a significant driver for revenue and profit growth for Mixue Ice City [10]

Core Insights - The article highlights the innovative retail strategies of Hao Xiang Lai, a brand under Wancheng Group, which has successfully opened flagship stores in Hebei and Inner Mongolia, attracting significant consumer interest and foot traffic [2][4] Business Model and Strategy - Hao Xiang Lai has developed a unique positioning as a "snack paradise at your doorstep," creating immersive shopping experiences in its stores, which span over 400 square meters [4] - The brand has launched two proprietary product lines, "Super Value" and "Selected," focusing on differentiated and competitive product development to convey the message of "safe, affordable, and delicious" [6] - The introduction of essential daily goods alongside snacks aims to meet consumer needs while providing high value for money, enhancing the shopping experience [6] Consumer Engagement and Experience - The company employs a strategy of "category expansion, scene reconstruction, and experience upgrade," emphasizing atmosphere and consumer interaction rather than just product display [7] - A robust membership system has been established, leveraging digital marketing to create a large and active member ecosystem, enhancing user experience and loyalty [7][9] Community and Social Responsibility - The "Points Charity Program" allows consumers to convert their spending into charitable contributions, fostering a cycle of consumption and social good [9][11] - This initiative not only connects the brand with its consumers but also promotes a sense of community and social responsibility [11] Future Outlook - The company plans to continue optimizing its product offerings and service quality, focusing on personalized and customized services to enhance consumer value [11] - The ongoing commitment to innovation and retail transformation is expected to inject vitality into the Chinese retail industry [11]

Group 1 - The company reported a total operating revenue of 540 million yuan for the first half of 2025 [1] - The net profit attributable to shareholders was 53.16 million yuan, an increase of 340,600 yuan compared to the same period last year, marking a 0.64% year-on-year growth [1] - The net cash inflow from operating activities was 35.17 million yuan, up by 708,000 yuan year-on-year, reflecting a 2.05% increase [1] Group 2 - The company's latest debt-to-asset ratio stands at 8.92%, a decrease of 1.58 percentage points from the same period last year [3] - The latest gross profit margin is 18.74%, which is an increase of 0.89 percentage points from the previous quarter [3] - The latest return on equity (ROE) is 3.06% [3] Group 3 - The diluted earnings per share remained stable compared to the same period last year, with a year-on-year increase of 0.68% [3] - The latest total asset turnover ratio is 0.29 times, and the inventory turnover ratio is 1.68 times [3] Group 4 - The number of shareholders is 10,400, with the top ten shareholders holding a total of 70.07% of the total share capital, amounting to 70.07 million shares [3] - The largest shareholder is Li Zhongliang, holding 51.1% of the shares [3]

锡南科技8月21日股价报收29.76元，较前一交易日下跌0.64元，跌幅2.11%。当日成交量为21568手，成 交额达0.64亿元。 8月21日锡南科技主力资金净流出302.12万元，占流通市值的0.3%。近五日主力资金累计净流出1693.33 万元，占流通市值的1.69%。 锡南科技属于汽车零部件行业，公司专注于汽车轻量化领域铝合金零部件的研发、生产和销售。公司产 品主要应用于新能源汽车等汽车制造领域。 风险提示：以上内容仅供参考，不构成投资建议。 8月21日晚间，锡南科技发布2025年半年度报告，上半年实现归属于上市公司股东的净利润5316.04万 元，同比增长0.64%。公司同时公告将于9月12日召开2025年第二次临时股东大会，审议多项议案。 ...