Financial Performance - The company's operating revenue for 2024 was CNY 509,338,735.90, a decrease of 12.45% compared to CNY 581,771,994.86 in 2023[19] - The net profit attributable to shareholders for 2024 was CNY 29,301,479.84, down 28.60% from CNY 41,036,841.06 in the previous year[19] - The net profit after deducting non-recurring gains and losses was CNY 14,884,407.62, reflecting a significant decline of 60.39% from CNY 37,578,930.87 in 2023[19] - The basic earnings per share for 2024 were CNY 0.27, down 28.95% from CNY 0.38 in 2023[19] - The weighted average return on net assets for 2024 was 3.24%, a decline of 1.32% from 4.56% in 2023[19] - The company's gross margin for the electrical machinery and equipment manufacturing industry was 19.17%, a decrease of 0.83% year-on-year[92] - Direct material costs accounted for 74.57% of total operating costs, down from 76.94% in the previous year[94] - Research and development expenses increased by 17.81%, significantly impacting this year's profits[89] - The company sold 340.58 thousand units in 2024, a decrease of 15.43% from 402.74 thousand units in 2023[93] Cash Flow and Investments - The net cash flow from operating activities increased by 49.59% to CNY 58,601,279.74, compared to CNY 39,173,592.52 in 2023[19] - The net cash flow from investing activities surged by 202.03% year-on-year, mainly attributed to the redemption of cash management products at the end of the year[106] - The net increase in cash and cash equivalents reached 127,054,095.33, a significant improvement of 230.86% compared to the previous year[105] - The company reported a total investment income of 5,878,386.98, accounting for 19.51% of total profit, primarily from the disposal of trading financial assets and bank wealth management[107] - The company utilized a total of 32,819.51 million in raised funds, with significant allocations to production base expansion and working capital[117] Market and Industry Outlook - The micro-special motor industry is experiencing growth, with applications expanding across various sectors including automotive, home appliances, and aerospace, indicating a robust market outlook[29] - China has become a major production and export hub for micro-special motors, with 686 companies specifically engaged in this sector as of 2023, reflecting a growing industrial base[33] - The average household in developed countries owns 80-130 micro-special motors, while in urban China, the average is only 20-40, suggesting significant growth potential in the domestic market[30] - The global home appliance market is projected to reach $784.7 billion by 2027, with a CAGR of approximately 4.54% from 2022 to 2027[39] - The automotive sector is expected to produce and sell 31.28 million and 31.44 million vehicles respectively in 2024, representing year-on-year growth of 3.7% and 4.5%[41] Research and Development - The company has established a comprehensive R&D system to develop new products, technologies, processes, and materials, enhancing production efficiency[70] - The company has obtained 18 invention patents, all of which are self-developed, showcasing its commitment to innovation and technology[74] - The company has ongoing R&D projects aimed at expanding product applications in various sectors, including medical devices and energy-efficient systems[99] - The number of R&D personnel increased by 2.50% to 123, with a notable rise in the number of bachelor's degree holders by 20.51%[102] - R&D investment amounted to 28.8 million RMB, representing 5.65% of the operating revenue, up from 4.20% in the previous year[102] Corporate Governance and Management - The company has a well-defined corporate governance structure, with independent directors and a clear organizational framework[156] - The company has a diverse board of directors and management team, ensuring effective governance and oversight[160] - The company has established an independent financial department with a standardized accounting system, ensuring independent financial decision-making[154] - The company has seen a significant management change, with Zhang Min serving as the chairman since August 2023, after previously holding various executive roles[163] - The total pre-tax remuneration for the board of directors, supervisors, and senior management during the reporting period amounted to CNY 6.72 million[175] Environmental Responsibility - The company and its subsidiaries are not classified as key pollutant discharge units by environmental protection authorities, and no administrative penalties were incurred during the reporting period[198] - The company implemented effective wastewater treatment measures, including secondary sedimentation and ultrafiltration, with treated wastewater directed to a centralized treatment facility[198] - Air emissions from insulation varnish and welding fumes are treated using activated carbon and photochemical oxidation, ensuring compliance with environmental standards[198] - The company has established noise reduction measures, including tree planting and sound insulation, to minimize noise pollution from production equipment[198] - The company has not experienced any pollution incidents or violations of environmental laws during the reporting period[199] Strategic Initiatives - The company is focusing on enhancing its core competitiveness through talent development and technological innovation[87] - The company plans to expand its market development efforts by increasing the number of industry managers and enhancing its international development strategy, with a focus on establishing a research and production base in Europe by 2025[130] - The company has established strategic partnerships with leading suppliers to enhance supply chain security and support the development of new product lines[134] - The company aims to enhance its market, R&D, engineering, operations, and management capabilities to drive sustainable growth[128] - The company is actively pursuing new growth curves in artificial intelligence, medical health, aerospace, and automotive electronics, with 10 products from the micro air compressor platform already in use[137]

Financial Performance - The company's revenue for Q1 2025 was ¥120,174,299.54, representing a 9.06% increase compared to ¥110,193,699.03 in the same period last year[5] - Net profit attributable to shareholders was ¥7,108,622.22, up 12.04% from ¥6,344,860.20 year-on-year[5] - The net profit after deducting non-recurring gains and losses increased by 26.25%, reaching ¥5,691,696.88 compared to ¥4,508,220.41 in the previous year[5] - Basic earnings per share rose to ¥0.0653, an increase of 8.83% from ¥0.0600[5] - Operating profit for the current period was ¥7,260,255.25, compared to ¥6,552,220.33, indicating an increase of 10.8%[20] - Total comprehensive income for the current period was ¥7,556,814.97, compared to ¥6,064,325.05, marking an increase of 24.6%[21] Cash Flow - The net cash flow from operating activities decreased by 38.89% to ¥16,674,898.96 from ¥27,285,526.62 in the same period last year[5] - Operating cash inflow for the current period was $102,222,730.80, a decrease of 5.3% from $107,785,151.21 in the previous period[23] - Net cash flow from operating activities decreased to $16,674,898.96, down 38.9% from $27,285,526.62 year-over-year[24] - Cash inflow from investment activities increased significantly to $352,607,513.65, compared to $234,890,622.92 in the previous period, marking a growth of 50.2%[24] - Cash received from investment recoveries was $350,000,000.00, up from $233,000,000.00, representing a growth of 50.2%[24] - The ending balance of cash and cash equivalents decreased to $132,759,880.50 from $244,081,137.00, reflecting a decline of 45.5%[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,019,959,341.77, a slight decrease of 0.31% from ¥1,023,115,794.85 at the end of the previous year[5] - The company's cash and cash equivalents decreased from CNY 242,208,715.41 to CNY 132,759,880.50, representing a decline of approximately 45.4%[16] - Total current assets slightly decreased from CNY 726,134,903.51 to CNY 721,744,156.46, a reduction of about 0.5%[17] - The total liabilities and owners' equity decreased slightly by 0.2% from the previous period[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 12,284[11] - The largest shareholder, Changzhou Xiangxing Information Technology Co., Ltd., holds 51.43% of the shares, totaling 55,951,322 shares[11] - The total number of shares held by the top 10 unrestricted shareholders is 59,720,136 shares, with significant holdings by Changzhou Xiangxing Information Technology Co., Ltd. at 55,951,322 shares[14] - The company has no new strategies or significant changes in shareholder relationships reported[15] - There are no changes in the number of preferred shareholders or restricted shares during the reporting period[13] - The company plans to lift restrictions on shares held by major shareholders in March 2025[14] Research and Development - Research and development expenses increased by 32.06% to ¥6,951,677.97 compared to ¥5,263,901.05 in the previous year[9] - New product development includes advancements in AI technology, with an investment of 500 million allocated for R&D in the upcoming fiscal year[18] Future Outlook - The company provided a future outlook, projecting a revenue growth of 10% for the next quarter, driven by new product launches and market expansion strategies[18] - The company plans to expand its market presence in Asia, targeting a 15% increase in market share by the end of the year[18] - A strategic acquisition of a smaller tech firm was announced, expected to enhance the company's capabilities in cloud services[18] - The company has set a performance guidance of 3,000 million in revenue for the next quarter, reflecting a strong demand forecast[18] - The company aims to enhance shareholder value through a planned dividend increase of 5% in the next fiscal period[18]

民生证券股份有限公司 关于常州祥明智能动力股份有限公司 部分首次公开发行前已发行股份解禁上市流通的核查意见 民生证券股份有限公司（以下简称"民生证券"、"保荐机构"）作为常州祥明 智能动力股份有限公司（以下简称"祥明智能"、"公司"、"发行人"）首次公开发 行并在创业板上市的保荐机构，根据《证券发行上市保荐业务管理办法》《深圳 证券交易所创业板股票上市规则（2024 年修订）》《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（2023 年 12 月修订）》《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，对祥明 智能部分首次公开发行前已发行股份解禁上市流通的事项进行了审慎核查，具体 情况如下： 经中国证券监督管理委员会《关于同意常州祥明智能动力股份有限公司首次 公开发行股票注册的批复》（证监许可〔2022〕298 号）同意注册，并经深圳证 券交易所同意，公司首次公开向社会公众发行人民币普通股（A 股）股票 1,700 万股，每股面值人民币 1.00 元，每股发行价格为 29.66 元，并于 2022 年 3 月 25 日在深圳证券交易所创业板上市。 一、公司 ...

证券代码：301226 证券简称：祥明智能 公告编号：2025-005 常州祥明智能动力股份有限公司 关于首次公开发行前已发行的部分股份解除限售上 市流通的提示性公告 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、本次上市流通的限售股为常州祥明智能动力股份有限公司（以下简称"祥 明智能"或"公司"）首次公开发行前已发行的股份。 2、本次解除限售股东户数共 2 户，解除限售股份的数量为 59,720,136 股， 占公司总股本的 54.8898%，锁定期为 36 个月。 3、本次解除限售股份的上市流通日期为 2025 年 3 月 25 日（星期二）。 一、首次公开发行前已发行股份和上市后股本变化情况 1、首次公开发行前已发行股份情况 经中国证券监督管理委员会（以下简称"中国证监会"）《关于同意常州祥 明智能动力股份有限公司首次公开发行股票注册的批复》（证监许可[2022]298 号）同意注册，公司公开发行人民币普通股（A 股）17,000,000 股，并于 2022 年 3 月 25 日在深圳证券交易所创业板上市交易。公司首次公开发行股票后，总 ...

二、监事会会议审议情况 经与会监事审议，以记名投票表决方式，通过了如下决议： 证券代码：301226 证券简称：祥明智能 公告编号：2025-004 常州祥明智能动力股份有限公司 第三届监事会第十三次会议决议的公告 本公司及监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、监事会会议召开情况 常州祥明智能动力股份有限公司（以下简称"公司"）第三届监事会第十三次 会议（以下简称"会议"）于 2025 年 3 月 13 日在公司办公楼 306 会议室以现场方 式召开。经第三届监事会全体监事同意豁免会议通知期限要求，现场发出会议通 知。会议由公司监事会主席陆小明先生召集并主持，本次会议应表决监事 3 人， 实际出席监事 3 人（其中：监事吴成先生以通讯方式出席会议）。本次会议的召 集和召开程序符合《公司法》等法律法规及《公司章程》的有关规定。 公司第三届监事会第十三次会议决议。 1 特此公告。 常州祥明智能动力股份有限公司监事会 2025 年 3 月 13 日 2 1、审议通过了《关于使用部分闲置募集资金进行现金管理的议案》 经审议，监事会同意公司继续使用不超过人民币 1 ...

经中国证券监督管理委员会《关于同意常州祥明智能动力股份有限公司首次 公开发行股票注册的批复》（证监许可〔2022〕298 号）同意注册，并经深圳证 券交易所同意，公司首次公开向社会公众发行人民币普通股（A 股）股票 1,700 万股，每股面值人民币 1.00 元，每股发行价格为 29.66 元。募集资金总额人民币 50,422.00 万元，扣除全部发行费用（不含增值税）后募集资金净额人民币 43,766.89 万元。募集资金已于 2022 年 3 月 17 日划至公司指定账户。 立信会计师事务所（特殊普通合伙）于 2022 年 3 月 17 日对公司首次公开发 行股票的资金到位情况进行了审验，并出具了信会师报字[2022]第ZF10130号《验 资报告》。公司已开设了募集资金专项账户，对募集资金采取了专户存储，并与 专户开户银行、保荐机构签订了募集资金三方监管协议。 根据《常州祥明智能动力股份有限公司首次公开发行股票并在创业板上市招 股说明书》以及公司 2022 年第一次临时股东大会审议通过的《关于调整部分募 1 投项目并使用超募资金增加投资的议案》，调整后的公司募集资金使用计划如下： 单位：万元 民生证券股 ...

证券代码：301226 证券简称：祥明智能 公告编号：2025-003 常州祥明智能动力股份有限公司 第三届董事会第十三次会议决议公告 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。 一、董事会会议召开情况 常州祥明智能动力股份有限公司（以下简称"公司"）第三届董事会第十三 次会议（以下简称"会议"）于 2025 年 3 月 13 日在公司办公楼 306 会议室以现 场结合通讯的方式召开。经第三届董事会全体董事同意豁免会议通知期限要求， 现场发出会议通知。本次会议由董事长张敏先生召集和主持，公司监事、高级管 理人员列席了本次会议。本次会议应出席董事 5 人，实际出席董事 5 人（其中： 独立董事邵乃宇、潘一欢、黄森以通讯方式出席会议）。本次会议的召集和召开 程序符合《公司法》等法律法规及《公司章程》的有关规定。 二、董事会会议审议情况 经全体董事审议，本次会议以记名投票的方式表决通过了相关议案并形成如 下决议： 常州祥明智能动力股份有限公司董事会 2025 年 3 月 13 日 保荐机构民生证券股份有限公司对该事项出具了无异议的核查意见。 具体内容详见公司于同 ...

证券代码：301226 证券简称：祥明智能 公告编号：2025-002 常州祥明智能动力股份有限公司 关于使用部分闲置募集资金进行现金管理的公告 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。 常州祥明智能动力股份有限公司（以下简称"公司"或"祥明智能"）于 2025 年 3 月 13 日召开第三届董事会第十三次会议、第三届监事会第十三次会议，分 别审议通过了《关于使用部分闲置募集资金进行现金管理的议案》，同意公司在 不影响募集资金投资项目建设和公司正常经营的前提下，继续使用 15,000.00 万 元的闲置募集资金（含超募资金）进行现金管理，使用期限自董事会审议通过之 日起十二个月内有效，资金可循环滚动使用。现将具体情况公告如下： 一、募集资金基本情况 经中国证券监督管理委员会《关于同意常州祥明智能动力股份有限公司首次 公开发行股票注册的批复》（证监许可〔2022〕298 号）同意注册，并经深圳证 券交易所同意，公司首次公开向社会公众发行人民币普通股（A 股）股票 1,700 万股，每股面值人民币 1.00 元，每股发行价格为 29.66 元。募集资金总额人 ...

证券代码：301226 证券简称：祥明智能 公告编号：2025-001 常州祥明智能动力股份有限公司 关于特定股东减持计划期限届满的公告 股东宁波祥光创业投资合伙企业（有限合伙）和昆山超辉股权投资合伙企业 （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。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 常州祥明智能动力股份有限公司（以下简称"祥明智能"或"公司"）于 2024 年 11 月 7 日披露了《关于股东减持股份预披露的公告》（公告编号： 2024-040），持有公司股份 3,943,559 股（占公司股份总数比例 3.6246%）的特 定股东常州祥光股权投资中心（普通合伙）（已更名为宁波祥光创业投资合伙企 业（有限合伙），以下简称"祥光投资"）计划在公告披露之日起 3 个交易日后 的三个月内通过集中竞价交易方式减持公司股份不超过 1,088,000 股（即不超过 公司股份总数的 1%），在公告披露之日起 3 个交易日后的三个月内通过大宗交 易方式减持公司股份不超过 2,176,000 股（即不超过公司股份总数的 2%），合计 所减持股 ...

证券代码：301226 证券简称：祥明智能 公告编号：2024-049 常州祥明智能动力股份有限公司 第三届监事会第十二次会议决议的公告 本公司及监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、监事会会议召开情况 常州祥明智能动力股份有限公司（以下简称"公司"）第三届监事会第十二次 会议（以下简称"会议"）于 2024 年 12 月 20 日在公司办公楼 306 会议室以现场 方式召开。会议由公司监事会主席陆小明先生召集并主持，本次会议应表决监事 3 人，实际出席监事 3 人。本次会议的召集和召开程序符合《公司法》等法律法 规及《公司章程》的有关规定。 二、监事会会议审议情况 经与会监事审议，以记名投票表决方式，通过了如下决议： 1、审议通过《关于延长部分募集资金项目实施期限的议案》 监事会认为：本次对部分募投项目进行延期，未改变项目实施主体、实施方 式、募集资金用途和投资规模，不会对公司正常经营产生重大不利影响，符合公 司长期发展规划，同意对部分募投项目进行延期。 具体内容详见公司于 2024 年 12 月 20 日在巨潮资讯网（www.cninfo.com.c ...