Core Viewpoint - Zhu Cheng Technology (301280.SZ) announced that it holds a 60% stake in Wenzhou Zhu Chuang, which will distribute a cash dividend of 3 million yuan based on the unaudited undistributed profits as of December 31, 2025 [1] Group 1 - The company has received the full amount of the cash dividend prior to this announcement [1] - Wenzhou Zhu Chuang is a subsidiary included in the company's consolidated financial statements [1] - The profit distribution will increase the company's net profit in the parent company financial statements for 2026, but will not affect the consolidated net profit for 2026 [1]

Group 1 - The core point of the article is that Zhu Cheng Technology (301280.SZ) has received a cash dividend of 3 million yuan from its subsidiary Wenzhou Zhu Chuang, which it holds a 60% stake in [1] - The cash dividend is based on the unaudited undistributed profits as of December 31, 2025, and has already been fully received by the company [1] - This profit distribution will increase the net profit of the company's parent report for 2026 but will not affect the consolidated net profit for the same year, indicating no impact on the overall operational performance for 2026 [1]

证券代码：301280 证券简称：珠城科技 公告编号：2026-007 浙江珠城科技股份有限公司 公司持有温州珠创60%的股份。温州珠创以截至2025年12月31日未经审计的 未分配利润为基准向公司派发现金分红300万元，截至本公告披露前，公司已收 到上述全部现金分红款。 温州珠创为公司纳入合并报表范围内控股子公司，上述利润分配将增加公司 2026年度母公司报表净利润，但不增加公司2026年度合并报表净利润，因此，不 会影响公司2026年度整体经营业绩。敬请广大投资者注意投资风险。 特此公告。 浙江珠城科技股份有限公司 董事会 2026年2月11日 1 关于收到控股子公司分红款的公告 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。 浙江珠城科技股份有限公司(以下简称"公司")控股子公司温州珠创进出口 有限公司(以下简称"温州珠创")为实现股东的投资收益，经其股东会审议:决 定向股东进行现金分红，具体内容如下: ...

Core Viewpoint - The recent trend of divorce-related equity division among controlling shareholders in A-share companies has raised investor concerns, with significant market implications observed in 2025 [1][3][4]. Group 1: Overview of Divorce-Related Equity Division - In 2025, a total of 12 A-share companies announced equity divisions due to the divorce of their controlling shareholders, with the total market value of these divisions increasing from 5.783 billion yuan to 6.321 billion yuan by the end of the year [4][8]. - The highest single division value was recorded at 1.198 billion yuan for Yiyuan Communication, while the lowest was 157 million yuan for Yuenan New Materials [5][6]. Group 2: Methods and Outcomes of Equity Division - The majority of equity divisions were settled amicably, with 58.33% of cases resolved through negotiation, while 2 cases were decided by court rulings and 2 through court mediation [7]. - Notably, in the case of Shanshui Technology, the ex-spouse became the new controlling shareholder and CEO after the divorce, marking a unique instance in 2025 [6][7]. Group 3: Market Reactions and Shareholder Behavior - Despite concerns about potential stock sell-offs by ex-spouses, 10 out of the 12 companies saw their stock prices increase from the announcement date to the end of 2025, with an average increase of 83.33% [8]. - The stock price of Yuenan New Materials experienced the highest increase at 37.21%, while only two companies, Shanshui Technology and Jindan Technology, saw declines, with the largest drop being 13% [8]. Group 4: Analysis of Investor Sentiment - The perception of divorce-related equity divisions as a negative signal has weakened, attributed to the separation of ownership and management in listed companies, which suggests that such divisions do not necessarily impact operational strategies [10]. - Even in cases of personal conflict, controlling shareholders may maintain aligned interests in business operations, reducing the likelihood of adverse market reactions [10].

Market Overview - US stock market continues to rise, with Dow Jones up 0.63%, Nasdaq up 0.91%, and S&P 500 up 0.55% [1] - Meta shares increased by 5.66%, marking the largest single-day gain since July 31 [1] - Tesla shares rose by 4.15%, while Microsoft and Amazon saw increases of at least 1.31% [1] Company Developments - Intel's Q1 guidance is disappointing, leading to a post-market drop of over 10% [2] - Nvidia completed a $5 billion investment in Intel in Q4 [2] - Tesla plans to sell humanoid robots to the public by the end of this year or next year [3] - OpenAI is quietly developing humanoid robots with a team of 100 in San Francisco [4] - Meta's Threads platform has surpassed 400 million monthly active users and is launching ads globally [5] Commodity Insights - Goldman Sachs raised its gold price target to $5,400, indicating that wealthy individuals are competing with central banks for limited physical reserves [6] - COMEX gold futures rose by 1.97%, while silver futures increased by 4.05%, both reaching historical highs [7] - US natural gas futures prices surged by 81% within three days, reaching the highest level since December 2022 [7] Regulatory and Policy Updates - The People's Bank of China (PBOC) Governor Pan Gongsheng stated there is still room for further interest rate cuts and reserve requirement ratio reductions this year [8] - The Ministry of Commerce and other departments encourage horizontal mergers and acquisitions in the pharmaceutical retail sector [12] - The State Council's Food Safety Office is drafting national standards for prepared dishes and will seek public opinions soon [12] Industry Trends - The semiconductor industry is seeing significant developments, with Alibaba's T-HEAD planning for an independent IPO [10] - The prepared food sector is undergoing a transformation, with a focus on quality and safety in the supply chain [11] - The retail pharmacy industry is expected to accelerate consolidation, with a projected decrease in the number of pharmacies by nearly 20,000 since Q4 2024 [13] Financial Projections - Zhaoyi Innovation expects a net profit of approximately 1.61 billion yuan for 2025, a 46% increase year-on-year [17] - Shengmei Shanghai anticipates revenues between 6.68 billion and 6.88 billion yuan for 2025, reflecting a growth of 18.91% to 22.47% [18] - Runtu Co. forecasts a net profit of 600 million to 700 million yuan for 2025, representing a growth of 181.05% to 227.89% [18]

法律意见书 浙江天册律师事务所 法律意见书 浙江省杭州市杭大路 1 号黄龙世纪广场 A 座 11 楼 310007 电话：0571-87901111 传真：0571-87901500 法律意见书 浙江天册律师事务所 关于浙江珠城科技股份有限公司 关于 浙江珠城科技股份有限公司 2026 年第一次临时股东会的 2026 年第一次临时股东会的 法律意见书 编号：TCYJS2026H0065 号 致：浙江珠城科技股份有限公司 浙江天册律师事务所（以下简称"本所"）接受浙江珠城科技股份有限公司（以 下简称"珠城科技"或"公司"）的委托，指派本所律师参加贵公司 2026 年第一 次临时股东会，并根据《中华人民共和国证券法》以下简称（"《证券法》"）、 《中华人民共和国公司法》（以下简称"《公司法》"）和中国证券监督管理委员 会关于《上市公司股东会规则》（以下简称"《股东会规则》"）等法律、法规和 其他有关规范性文件，以及《浙江珠城科技股份有限公司章程》（以下简称"《公 司章程》"）的要求出具本法律意见书。 在本法律意见书中，本所律师仅对本次股东会表决程序及表决结果的合法有 效性发表意见，不对会议所审议的议案内容和该等议 ...

证券代码：301280 证券简称：珠城科技 公告编号：2026-006 浙江珠城科技股份有限公司 2026 年第一次临时股东会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示 1、 本次股东会不存在否决议案的情形。 2、 本次股东会不涉及变更以往股东会已通过的决议。 一、会议召开情况 1、 召开时间： （1）现场会议召开时间：2026 年 1 月 21 日（星期三）15:30 （1）网络投票时间：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：2026 年 1 月 21 日的交易时间，即 9:15-9:25，9:30-11:30 和 13:00- 15:00；通过深圳证券交易所互联网投票系统（http://wltp.cninfo.com.cn） 投票的具体时间为：2026 年 1 月 21 日 9:15-15:00 期间的任意时间。 2、 召开地点：浙江省乐清经济开发区纬十五路 201 号浙江珠城科技股份 有限公司 1 号楼 4 楼会议室 3、 召开方式：现场结合网络 4、 召集人：公司董事会 5、 主持人：公司董事长张建春先生 （三） ...

Group 1 - The company plans to establish a wholly-owned subsidiary named Xinya Electronics (Hainan) Co., Ltd. with an investment amount not exceeding 200 million RMB [2][3] - The establishment of the subsidiary is based on the company's strategic needs and aims to enhance its global layout and resource optimization [7] - The investment decision was approved by the company's board of directors with a unanimous vote of 9 in favor [3][22] Group 2 - The subsidiary will be managed by director Zhao Junda and will be funded by the company's own capital [3][5] - The business scope of the new subsidiary includes manufacturing of wires and cables, urban delivery services, import and export of goods, and various technical services [5][6] - The company will hold 100% of the subsidiary's shares, and the specific details will be confirmed upon government approval [5][6] Group 3 - The company has also announced an expected daily related transaction amount for 2026 with Zhejiang Zhucheng Technology Co., Ltd. of 95 million RMB [8][10] - The related transactions are deemed necessary for the company's daily operations and comply with legal regulations [9][14] - The board of directors has approved the expected transaction amount, which will be submitted for shareholder approval due to its size exceeding 5% of the company's audited net assets for 2024 [10][12]

Group 1 - The home appliance parts sector increased by 4.33% on January 9, with Zhu Cheng Technology leading the gains [1] - The Shanghai Composite Index closed at 4120.43, up 0.92%, while the Shenzhen Component Index closed at 14120.15, up 1.15% [1] - Zhu Cheng Technology's stock price rose by 14.19% to 57.30, with a trading volume of 83,700 shares and a transaction value of 454 million yuan [1] Group 2 - The main capital inflow in the home appliance parts sector was 1.054 billion yuan, while retail investors experienced a net outflow of 880 million yuan [2] - The trading data for various companies in the sector shows significant fluctuations, with Zhu Cheng Technology and Tianyin Electromechanical being notable performers [2][3] - The net capital inflow for Zhu Cheng Technology was 27.632 million yuan, while retail investors had a net outflow of 262.87 million yuan [3]

Group 1 - The company, Zhucheng Technology (301280), announced that it will hold its first extraordinary general meeting of shareholders for 2026 on January 21, 2026, at 15:30 [1]