Market Overview - A-shares showed mixed performance on July 7, with the Shanghai Composite Index closing at 3473.13 points, up 0.02%, while the Shenzhen Component and ChiNext Index fell by 0.70% and 1.21% respectively [1] - The total market turnover was 12.27 billion yuan, a decrease of 2.27 billion yuan from the previous trading day [1] Real Estate Sector - The real estate sector experienced a rebound, with stocks like Yuhua Development and Shahe Shares hitting the daily limit [2] - The Ministry of Housing and Urban-Rural Development emphasized the need for safe, comfortable, green, and smart housing, aiming to stabilize expectations and activate demand [2] - Guojin Securities noted that the third quarter is crucial for real estate policy implementation, which could significantly impact the market in the latter half of the year [2] Power Sector - Power stocks surged due to the summer electricity peak, with companies like Shaoneng Shares and Huayin Power hitting the daily limit [3] - Huayin Power projected a net profit of 180 million to 220 million yuan for the first half of 2025, an increase of 175 million to 215 million yuan year-on-year [3] - National electricity load reached a record high of 1.465 billion kilowatts, with significant increases in several provinces [3] Electricity Market Outlook - Xiangcai Securities expects high electricity demand to continue, improving the power supply-demand balance [4] - The firm recommends focusing on three main areas: hydropower assets benefiting from market reforms, thermal power stocks with improving performance, and leading companies in renewable energy [4] Market Sentiment - China Galaxy Securities indicated that the market is in a rapid rotation phase, with increased volatility expected due to upcoming earnings reports and external uncertainties [5] - The firm suggests focusing on sectors with relatively high earnings certainty in the short term, while maintaining a positive long-term outlook for A-shares [5] Investment Strategy - Recommendations include focusing on assets with high safety margins, technology as a long-term investment theme, consumer sectors boosted by policy support, and mergers and acquisitions [6]

| 证券代码：301193 | 证券简称：家联科技 | 公告编号：2025-060 | | --- | --- | --- | | 债券代码：123236 | 债券简称：家联转债 | | 宁波家联科技股份有限公司 关于 2025 年第二季度可转换公司债券转股情况的公告 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。 特别提示： 1、"家联转债"（债券代码：123236）转股期为 2024 年 6 月 28 日至 2029 年 12 月 21 日；最新转股价格为 15.33 元/股。 2、2025 年第二季度，共有 10 张"家联转债"完成转股（票面金额共计 1,000.00 元人民币），合计转成 65 股"家联科技"股票（股票代码：301193）。 3、截至 2025 年第二季度末，公司剩余可转换公司债券（以下简称"可转债"） 为 7,498,197 张，剩余可转债票面总金额为 749,819,700.00 元人民币。 根据《深圳证券交易所创业板股票上市规则》和《深圳证券交易所上市公司 自律监管指引第 15 号——可转换公司债券》的有关规定，宁波家联科技股份有 ...

Core Viewpoint - Ningbo Jialian Technology Co., Ltd. has been subjected to administrative regulatory measures due to failure to timely fulfill related party transaction review procedures and information disclosure obligations, resulting in a warning letter and regulatory talks for key executives [1][2][11] Group 1: Regulatory Actions - The Ningbo Securities Regulatory Bureau issued a warning letter to Jialian Technology and conducted regulatory talks with Chairman Wang Xiong, General Manager Ma Henghui, Secretary of the Board Wang Bo, and CFO Qian Miaoxian [2][11] - The company is required to submit a written rectification report within 30 working days and the involved personnel must attend regulatory talks within 10 working days [11][12] Group 2: Related Party Transactions - Jialian Technology disclosed related party transactions with Ningbo Hongxiang Runfeng Technology Co., Ltd. for the years 2023 and 2024, amounting to 26.6458 million yuan and 77.8148 million yuan respectively [1][10] - The company violated the Information Disclosure Management Measures by not adhering to the review procedures for related party transactions [1][10] Group 3: Financial Information - Jialian Technology was listed on the Shenzhen Stock Exchange on December 9, 2021, with an initial public offering (IPO) of 30 million shares at a price of 30.73 yuan per share, raising a total of 922 million yuan [2] - The net amount raised after deducting issuance costs was 828 million yuan, exceeding the planned amount by 362 million yuan [2] - The company has raised a total of 1.672 billion yuan since its listing [4]

Group 1 - The Shanghai Composite Index is at 3451.09 points, above the annual line, with a change of 0.19% [1] - A total trading volume of A-shares reached 710.879 billion yuan [1] - 32 A-shares have surpassed the annual line, with notable stocks including Yinbao Shanyin, Blue Arrow Electronics, and Yingjie Electric, showing deviation rates of 7.98%, 7.15%, and 5.01% respectively [1][2] Group 2 - The top three stocks with the highest deviation rates from the annual line are: - Yinbao Shanyin: 9.98% increase, latest price 10.14 yuan, deviation rate 7.98% [2] - Blue Arrow Electronics: 18.15% increase, latest price 27.80 yuan, deviation rate 7.15% [2] - Yingjie Electric: 6.85% increase, latest price 48.99 yuan, deviation rate 5.01% [2] - Other stocks with smaller deviation rates include: - Liangpin Puzi, Jialian Technology, and Guangzhou Port, which have just crossed the annual line [1]

Group 1 - The company received a warning letter and regulatory discussion decision from the Ningbo Securities Regulatory Bureau due to failure to timely perform related party transaction review procedures and information disclosure obligations [1] - The related party transaction amounts for the years 2023 and 2024 are 26.6458 million and 77.8148 million respectively [1] - Key executives including the chairman and general manager Wang Xiong, general manager Ma Henghui, board secretary Wang Bo, and CFO Qian Miaoxian are held primarily responsible for the violations [1] Group 2 - The company and related personnel will enhance their understanding of laws and regulations, improve compliance awareness, and ensure that information disclosure is truthful, accurate, complete, timely, and fair [1] - A written rectification report will be submitted to the Ningbo Securities Regulatory Bureau within 30 working days [1]

| 证券代码：301193 | 证券简称：家联科技 | 公告编号：2025-059 | | --- | --- | --- | | 债券代码：123236 | 债券简称：家联转债 | | 宁波家联科技股份有限公司 关于公司及相关人员收到中国证券监督管理委员会宁波监管局警示 函及监管谈话的公告 2025 年 4 月 26 日，宁波家联科技股份有限公司（以下简称家联科技或公 司）披露《关于补充确认关联交易暨 2025 年度日常关联交易预计的公告》，对 公司及子公司与宁波泓翔润丰科技有限公司及其子公司 2023 年度至 2024 年度 关联交易事项进行补充确认，涉及 2023 年度、2024 年度交易金额分别为 2,664.58 万元、7,781.48 万元。 家联科技未及时履行关联交易审议程序和信息披露义务，违反了《上市公 司信息披露管理办法》第三条第一款和第四十一条的规定。公司董事长兼时任 总经理王熊、总经理马恒辉、董事会秘书汪博、财务总监钱淼鲜未按照《上市 公司信息披露管理办法》第四条、第五十一条的规定履行勤勉尽责义务，对上 述违规事项承担主要责任。 根据《上市公司信息披露管理办法》第五十二条的规定，我局决定 ...

| 证券代码：301193 | 证券简称：家联科技 | 公告编号：2025-057 | | --- | --- | --- | | 债券代码：123236 | 债券简称：家联转债 | | 宁波家联科技股份有限公司 关于签署股权转让协议暨关联交易的公告 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。 宁波家联科技股份有限公司（以下简称"公司"）于 2025 年 6 月 24 日召开第 三届董事会第二十次会议，审议通过了《关于签署股权转让协议暨关联交易的议 案》，同意公司拟以 1,120.04 万元的价格受让胡萱先生持有的宁波泓翔润丰科技 有限公司（以下称"泓翔润丰"或"目标公司"）51%的股权。泓翔润丰系专项用 于投资在越南生产铁制家居用品类项目而设立的有限责任公司，其主要资产为其 全资持有的和富国际有限公司（United Riches International PTE. LTD.，新加坡）、 越南爱家家居用品有限公司（Brighthome International Company Limited）、越南爱 家制造有限公司（Brighthome Vietna ...

兴业证券股份有限公司 关于宁波家联科技股份有限公司签署股权转让协议暨关 联交易的核查意见 兴业证券股份有限公司（以下简称"兴业证券"、"保荐人"）作为宁波家联科技 股份有限公司（以下简称"家联科技"、"公司"）2023 年度向不特定对象发行可转换 公司债券的保荐人，根据《证券发行上市保荐业务管理办法》《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》以及《深圳证券交易所上 市公司自律监管指引第 13 号——保荐业务》等相关规定，对其签署股权转让协议暨 关联交易事项进行了核查，具体情况如下： 一、关联交易概述 （一）关联交易的基本情况 公司拟与胡萱先生签署《股权转让协议》，由公司受让胡萱先生持有的宁波泓翔 润丰科技有限公司（以下简称"泓翔润丰"、"目标公司"）51%的股权，交易价格为 1,120.04 万元。 （二）关联关系说明 2024 年 6 月前，上市公司实际控制人王熊之外甥胡王康为泓翔润丰股东；上市 公司部分人员参与泓翔润丰经营决策；基于谨慎性及实质重于形式的原则，公司已将 与泓翔润丰之间的交易按照关联交易进行审议和披露。 当前，泓翔润丰持股 16%股东赵达虹女士系公司持股 5 ...

宁波家联科技股份有限公司（以下简称"公司"）于 2025 年 6 月 24 日召开 第三届董事会第二十次会议，审议通过了《关于选举第三届董事会审计委员会委 员的议案》，现将具体情况公告如下。 鉴于公司非独立董事林慧勤女士于近日辞去第三届董事会董事及第三届董 事会审计委员会委员职务。根据《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》《公司章程》等相关规定，为了保障公司治理 结构的合规运转，经全体董事审议，同意选举职工代表董事李海光先生为公司第 三届董事会审计委员会成员，任期自本次董事会审议通过之日起至第三届董事会 任期届满之日止。 自本次董事会审议通过之日起，李海光先生与赵芬女士（主任委员）、周晓 燕女士共同组成公司第三届董事会审计委员会，任期自本次董事会审议通过之日 起至第三届董事会任期届满之日止。 特此公告。 | 证券代码：301193 | 证券简称：家联科技 | 公告编号：2025-058 | | --- | --- | --- | | 债券代码：123236 | 债券简称：家联转债 | | 宁波家联科技股份有限公司 关于选举第三届董事会审计委员会委员的公告 本公司及董事会全体 ...

第三届董事会第二十次会议决议公告 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。 宁波家联科技股份有限公司 | 证券代码：301193 | 证券简称：家联科技 | 公告编号：2025-056 | | --- | --- | --- | | 债券代码：123236 | 债券简称：家联转债 | | 本议案已经公司董事会独立董事专门会议审议通过。保荐人发表了专项核查 意见。 一、董事会会议召开情况 表决结果：6 票赞成，0 票弃权，0 票反对。 具体内容详见公司同日在巨潮资讯网（www.cninfo.com.cn）披露的《关于签 署股权转让协议暨关联交易的公告》。 宁波家联科技股份有限公司（以下简称"公司"）第三届董事会第二十次会议 于 2025 年 6 月 24 日上午 9:00 时在公司会议室以现场及通讯表决相结合的方式 召开。本次会议通知于 2025 年 6 月 19 日以电子邮件方式发出，会议应出席董事 7 人，实际出席董事 7 人。会议由董事长王熊先生召集并主持，公司监事及高级 管理人员列席本次会议。本次会议的召集、召开符合《中华人民共和国公司法》 和《公 ...