Core Viewpoint - The company, Guolan Testing (国缆检测), is engaged in inspection and testing services for wires, cables, and optical fibers, serving major state-owned enterprises and significant infrastructure projects in China [1]. Group 1: Company Overview - Guolan Testing's main business includes inspection and testing services for wires, cables, and optical fibers, which are crucial for various applications in national economy and people's livelihood [1]. - The company collaborates with well-known domestic and international wire and cable manufacturers, as well as important users such as State Grid, Southern Power Grid, China National Petroleum Corporation, and China Petroleum & Chemical Corporation [1]. - The company also serves major engineering projects in rail transportation (maglev, high-speed rail, subways) and aerospace, along with product certification institutions like CTC, CRCC, UL, TUV, DEKRA, and CQC [1]. Group 2: Trading Information - As of July 29, 2025, Guolan Testing's stock closed at 50.59 yuan, down 0.28%, with a turnover rate of 1.79% and a trading volume of 13,900 shares, resulting in a transaction amount of 70.35 million yuan [1]. - On the same day, the net inflow of funds showed that institutional investors had a net inflow of 1.4683 million yuan, while speculative funds had a net inflow of 4.5357 million yuan, and retail investors experienced a net outflow of 6.0039 million yuan [1].

国泰海通证券股份有限公司 关于上海国缆检测股份有限公司 一、首次公开发行股票及上市后股本变动情况 （一）首次公开发行股票情况 上海国缆检测股份有限公司首次公开发行股票前公司股本为 45,000,000 股， 经中国证券监督管理委员会《关于同意上海国缆检测股份有限公司首次公开发行 股票注册的批复》（证监许可〔2022〕650 号）核准，并经深圳证券交易所《关于 上海国缆检测股份有限公司人民币普通股股票在深圳证券交易所创业板上市的 通知》（深证上〔2022〕591 号）同意公司首次公开发行人民币普通股股票 15,000,000 股，并于 2022 年 6 月 22 日在深圳证券交易所创业板上市。首次公开 发行股票后，公司总股本由首次公开发行前的 45,000,000 股增至 60,000,000 股。 其中有限售条件的股票数量为 45,000,000 股，占发行后总股本的比例为 75%；无 限售条件流通股票数量为 15,000,000 股，占发行后总股本的比例为 25%。 （二）上市后股本变动情况 公司于 2023 年 5 月 31 日实施了 2022 年度权益分派方案，以 2022 年年末 总股本 60,000 ...

2、本次解除限售股东户数共计 2 户，解除限售股份数量为 52,650,099 股，占公司总股本的比例为 67.5001%，限售期为自公司首次公开发行并上市之 日起 36 个月； 3、本次解除限售的股份上市流通日期为 2025 年 7 月 1 日（星期二）。 一、公司股票发行情况 证券代码：301289 证券简称：国缆检测 公告编号：2025-040 上海国缆检测股份有限公司 关于部分首次公开发行前已发行股份上市流通提示性公告 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、本次解除限售的股份为上海国缆检测股份有限公司（以下简称"公司" "国缆检测"）首次公开发行前已发行股份； 经中国证券监督管理委员会《关于同意上海国缆检测股份有限公司首次公 开发行股票注册的批复》（证监许可〔2022〕650 号）同意注册，并经深圳证 券交易所同意，公司首次公开发行人民币普通股（A 股）股票 15,000,000.00 股，并于 2022 年 6 月 22 日在深圳证券交易所创业板上市，首次公开发行股票 完成后公司总股本为 60,000,000 股。其中有限售 ...

Company Overview - Shanghai Guolian Testing Co., Ltd. is a state-controlled enterprise established in 1983, recognized as one of the earliest cable testing institutions in China [1] - The company specializes in testing and inspection services for wires, cables, and optical fibers, with over 90% of its business in testing and inspection [1] - It holds more than 1,200 recognized domestic and international testing standards [1] Financial Performance - In 2024, the company achieved a revenue of CNY 296 million and a net profit of CNY 75 million [2] - The company has established long-term stable relationships with major clients, including top cable manufacturers and significant users like State Grid and China National Petroleum [2] Client Base and Market Position - The company is recognized as one of the top 20 most competitive enterprises in the Chinese cable industry, serving clients such as Hengtong Group and Zhongtian Technology [2] - The client base includes cable manufacturers, users, certification bodies, and government quality supervision departments, indicating a diverse and stable customer portfolio [2] Business Expansion and Future Directions - The company is expanding into the field of electrochemical energy storage testing, focusing on flow batteries [2] - A wholly-owned subsidiary in Guangdong is being established to enhance market share in southern China, targeting consumer electronics and medium-low voltage cables [2] - The company aims to optimize its business layout and structure, expanding beyond cable testing into other testing services [3] Profitability and Investment - The net profit margin decreased in 2024 due to ongoing investments in testing capabilities and new business expansions, which require time to yield returns [2] - The company maintains a low dependency on single large clients, with the top five clients accounting for a small percentage of total revenue [3] International Market Engagement - The company is actively exploring international testing markets, providing services for domestic products exported abroad and foreign engineering clients [3] - It has not established overseas operational entities but sends testing reports to international clients, contributing to its global presence [3]

Group 1 - Shanghai Customs seized 6,960 counterfeit Pop Mart toys, indicating significant trademark infringement concerns [2] - The toys were found during a routine inspection and were confirmed to be unauthorized use of the Pop Mart brand [2] Group 2 - From January to May, China's national railways transported 1.641 billion tons of goods, a year-on-year increase of 3.1% [6] - The average daily loading reached 181,000 cars, up 4.2% year-on-year, supporting the smooth operation of the national economy [6] Group 3 - In Henan province, a new policy was introduced to cap car loan interest rates at no more than double the current one-year Loan Prime Rate (LPR), limiting annual rates to a maximum of 6% [8] - This move follows strict regulatory measures against high-interest and high-return practices in automotive finance [8] Group 4 - 49 companies are set to have their restricted shares released this week, with a total market value exceeding 57 billion yuan based on the closing price on June 20 [26] - The release of shares includes significant companies such as Tiedao Heavy Industry and Sainuo Medical, with varying percentages of total shares being unlocked [27][28] Group 5 - One new stock is scheduled for issuance this week, with Yitang Co. expected to issue approximately 296 million shares, raising an estimated 2.654 billion yuan [29]

Core Viewpoint - Shanghai Guolan Detection Co., Ltd. has announced its 2024 annual profit distribution plan, which includes a cash dividend of 4.10 RMB per 10 shares, totaling 31,980,000 RMB, representing 42.48% of the net profit attributable to shareholders for the year [1][2]. Summary by Sections Shareholder Meeting and Approval - The company held its 2024 annual shareholder meeting on May 20, 2025, where the profit distribution plan was approved [2]. Dividend Distribution Plan - The cash dividend distribution is based on a total share capital of 78,000,000 shares, with a cash dividend of 4.10 RMB per 10 shares, amounting to a total of 31,980,000 RMB [2][3]. - The remaining undistributed profits will be carried forward to future years, and no stock dividends or capital increases will be made this year [2]. Share Capital and Adjustments - The distribution plan excludes shares held in the company's repurchase account, resulting in a base of 77,934,550 shares for the dividend calculation [1][2]. - The cash dividend per share is calculated as the total cash dividend divided by the total share capital, including repurchased shares [4]. Record and Ex-Dividend Dates - The record date for the dividend distribution is set for June 25, 2025, and the ex-dividend date will be the trading day prior to this date [3][4]. Taxation and Distribution Method - The company will not withhold individual income tax on dividends for certain shareholders, with tax rates varying based on the type of shares held [2][3]. - Cash dividends will be directly credited to shareholders' accounts through their custodial securities companies [4].

证券代码：301289 公司简称：国缆检测 公告编号：2025-039 上海国缆检测股份有限公司 2024 年年度权益分派实施公告 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、根据《中华人民共和国公司法》《深圳证券交易所上市公司自律监管指 引第 9 号——回购股份》等相关规定，上海国缆检测股份有限公司（以下简称 "公司"或"本公司"）回购专用账户中持有的本公司股份不享有参与利润分配 的权利。因此，公司 2024 年年度权益分派以现有总股本 78,000,000 股剔除已回 购股份 65,450.00 股后的 77,934,550.00 股为基数。 2、本次权益分派实施后计算除权除息价格时，按公司总股本 78,000,000（含 回购股份）折算后的每 10 股现金红利（含税）=现金分红总额/总股本（含回购 股份）*10=31,980,000.00 元/78,000,000 股*10=4.100000 元（保留六位小数， 最后一位直接截取，不四舍五入）。 3、本次权益分派实施后的除权除息参考价格=除权除息日前一交易日收盘价 -按公司总股本（含回 ...

Summary of Key Points from Conference Call Records Industry or Company Involved - **AI Glasses**: Multiple significant products are set to be released, including those from Meta and Xiaomi [2][15] - **Liquid Cooling**: National standards for liquid cooling are about to be published, indicating growth in this sector [3] - **Superconductors**: Shanghai Superconductor's IPO application has been accepted, aiming to raise 1.2 billion yuan for high-temperature superconducting materials [4][17] - **POE Particles**: Domestic production of POE particles is being initiated to replace imports [5][16] - **High-end PCB**: Companies like Zhongjing Electronics and Yihua New Materials are involved in high-end PCB production for various applications [6][10] - **Air Conditioning Components**: Shunwei Co. is a leading supplier of air conditioning fan blades, indirectly supplying Xiaomi [7][16] - **Laser Defense Systems**: New developments in lightweight laser defense systems are being tested [12][17] Core Points and Arguments - **AI Glasses Market**: - Meta plans to release new AI glasses with expected sales of 4-5 million units in 2025 [15] - Xiaomi's AI glasses are in small-scale production with projected sales of 300,000-500,000 units [15] - Companies like Biyi Co. and Lianchuang Optoelectronics are heavily involved in AR/VR technologies [15] - **Liquid Cooling Industry**: - The market for liquid cooling servers in China is projected to reach $16.2 billion by 2029, with a CAGR of 46.8% from 2024 to 2029 [3] - Current penetration in data centers is below 10%, indicating significant growth potential [3] - **Superconductors**: - Shanghai Superconductor holds over 80% market share in domestic high-temperature superconducting materials [17] - The company reported a revenue increase of 189% year-on-year, reaching 240 million yuan in 2024 [17] - **POE Particles**: - The domestic market for POE is expected to reach 50-60 billion yuan in 2025, with significant import substitution potential [16] - The company anticipates net profits of 0.5 billion yuan in 2025, increasing to 5.2 billion yuan by 2027 [16] - **High-end PCB**: - Companies are focusing on high-end applications in AI, VR, and gaming, with significant demand for flexible circuit boards [16] - The domestic high-end PCB market is experiencing rapid growth due to increased demand from tech companies [16] - **Air Conditioning Components**: - Shunwei Co. has a global market share of over 35% in plastic air conditioning fan blades [7] - The company is also involved in the low-altitude economy through partnerships in agricultural drone technology [16] Other Important but Possibly Overlooked Content - **Market Dynamics**: The AI glasses market is highly competitive, with major players like Meta and Xiaomi launching new products [15] - **Regulatory Environment**: The upcoming national standards for liquid cooling may streamline the industry and enhance growth prospects [3] - **Investment Opportunities**: Companies involved in superconductors and liquid cooling are positioned for significant growth due to technological advancements and market demand [4][3] - **Financial Performance**: Many companies are reporting substantial year-on-year growth, indicating a robust recovery and expansion in their respective sectors [17][16] This summary encapsulates the critical insights from the conference call records, highlighting the evolving landscape of various industries and the companies poised to benefit from these trends.

一、控股子公司上海创蓝检测技术有限公司 因经营发展需要，上海国缆检测股份有限公司（以下简称"国缆检测"）控 股子公司上海创蓝检测技术有限公司（以下简称"创蓝检测"）变更了公司名 称、法定代表人、住所，并对应修改了创蓝检测公司章程。近日，创蓝检测完 成了相关工商变更备案登记手续，并取得了由上海市宝山区市场监督管理局换 发的《营业执照》。相关信息如下： （一）变更情况 名称：上海创蓝检测认证有限公司 证券代码：301289 证券简称：国缆检测 公告编号：2025-038 关于控股子公司完成工商变更登记并换发营业执照的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 上海国缆检测股份有限公司 统一社会信用代码：91310104MA1FR59949 类型：其他有限责任公司 住所：上海市宝山区山连路 558 号 1 幢 3 层 301 室 法定代表人：沈志刚 注册资本：人民币 2000.0000 万元整 成立日期：2016 年 09 月 06 日 经营范围：一般项目：技术服务、技术开发、技术咨询、技术交流、技术转 让、技术推广；机械设备租赁；计量技术服务；工程管理服 ...

证券代码：301289 公司简称：国缆检测 公告编号：2025-037 上海国缆检测股份有限公司 关于公司 A 股限制性股票激励计划首次授予结果公告 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。 重要内容提示： ●首次授予A股限制性股票登记完成日：2025年5月22日 ●首次授予A股限制性股票登记数量：44.79万股 根据《上市公司股权激励管理办法》及深圳证券交易所、中国证券登记结 有限责任公司深圳分公司的有关规定，上海国缆检测股份有限公司（以下简称 "公司"或"本公司"于2025年5月22日完成了A股限制性股票激励计划（以下 简称"本次激励计划"、"本激励计划"、"激励计划"）首次授予限制性股票的登 记工作，现将有关事项公告如下： 一、限制性股票授予情况 2025年5月14日，公司第二届董事会第十次会议和第二届监事会第九次会议 审议通过了《关于调整公司A股限制性股票激励计划相关事项的议案》《关于向公 司A股限制性股票激励计划激励对象首次授予限制性股票的议案》，决定以2025年 5月14日为首次授予日，向符合授予条件的47位激励对象首次授予公司A股限制性 股 ...