Financial Performance - The company's operating revenue for 2024 reached ¥1,501,219,447.54, an increase of 11.63% compared to ¥1,344,828,873.76 in 2023[23]. - The net profit attributable to shareholders for 2024 was ¥320,677,816.72, reflecting a slight increase of 2.16% from ¥313,891,442.43 in 2023[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 9.65% to ¥231,273,622.64 in 2024 from ¥255,962,539.71 in 2023[23]. - The net cash flow from operating activities surged by 212.29% to ¥165,456,066.50 in 2024, compared to ¥52,981,889.07 in 2023[23]. - The total assets at the end of 2024 amounted to ¥4,277,423,565.40, a 14.06% increase from ¥3,750,279,513.79 at the end of 2023[23]. - The net assets attributable to shareholders increased by 5.78% to ¥3,258,078,376.59 at the end of 2024, up from ¥3,080,013,882.99 at the end of 2023[23]. - The basic earnings per share for 2024 was ¥0.78, a decrease of 2.50% from ¥0.80 in 2023[23]. - The weighted average return on equity for 2024 was 10.09%, down from 11.91% in 2023[23]. - The company's total revenue for Q4 2023 reached approximately 471.32 million, showing a significant increase from Q1 2023's 270.76 million[25]. - Net profit attributable to shareholders for Q3 2023 was approximately 103.02 million, a notable rise compared to Q1 2023's 63.99 million[25]. Market and Competition - The company faces intensified competition in the smart gas meter sector as it expands downstream, which may pressure its market position[4]. - The smart metering market is expected to grow significantly due to the increasing penetration of smart gas and water meters driven by urbanization and technological advancements[32]. - The government's focus on urban infrastructure and safety improvements is anticipated to boost demand for gas and water meter replacements[33][34]. - The construction of smart cities is projected to accelerate the demand for smart gas and water meters, enhancing market growth opportunities[35]. - The implementation of safety regulations is expected to drive the market for smart gas meters and related safety devices[36]. Talent and Human Resources - The company emphasizes the importance of retaining key talent to sustain growth, highlighting the risk of talent loss amid increasing competition for skilled professionals[7]. - The company recognizes the need for effective talent development and recruitment mechanisms to meet its growing demands as it scales[7]. - The company plans to recruit and train high-quality talent to address the risk of key personnel turnover and ensure sustainable development[139]. - The company has increased its R&D personnel to 339, a 13% increase from 300 in the previous year, with a notable rise in the number of bachelor's and master's degree holders[97]. Research and Development - In the first half of 2024, the company invested CNY 10,495.72 million in R&D, accounting for 6.99% of the current operating revenue[74]. - The company obtained 25 new invention patents, 40 utility model patents, 2 design patents, and 29 software copyrights in 2024[74]. - The company aims to enhance its research and development capabilities by integrating IoT, cloud computing, and AI technologies, focusing on smart gas meters with self-diagnosis and fault warning features[134]. - The company is developing a gas meter with temperature and pressure compensation features to meet market demand for precision[95]. - The company has completed the development of an IoT-based smart water meter to enhance remote reading capabilities[95]. Financial Management and Investments - The accounts receivable balance remains high, primarily due to the industry environment and sales model, posing a risk of cash flow tightness if major clients face operational or financial difficulties[6]. - The company is exposed to foreign exchange risks due to a portion of its sales being settled in USD and EUR, which may impact its revenue and financial results[10]. - The company has implemented measures to mitigate these risks, including shortening payment cycles and considering financial instruments if overseas revenue continues to grow[142]. - The company has achieved a net income from financial products of RMB 5,004.23 million as of December 31, 2024[124]. - The company raised a total of RMB 195,640.00 million from the public offering, with a net amount of RMB 185,776.96 million after deducting issuance costs[123]. Corporate Governance - The company has a structured governance framework with a board of directors and supervisory committee to ensure compliance and strategic alignment[174]. - The board of directors consists of 9 members, including 3 independent directors, complying with legal requirements[150]. - The company has established an independent financial department and maintains a separate financial accounting system[158]. - The company has a clear communication strategy with stakeholders, ensuring transparency and compliance with legal obligations[155]. - The company is focused on long-term development and the interests of all shareholders, especially minority investors[190]. Production and Operations - The company has established new production facilities for gas equipment with an investment of 51 million, expected to be completed by January 2024[110]. - The company has expanded its production capabilities across the entire gas equipment supply chain, including self-production and R&D of gas meter shells, mechanisms, valve systems, and smart modules[77]. - The manufacturing operation management system has been implemented to improve production efficiency and reduce operational costs[97]. - The company is focusing on expanding its market presence through strategic acquisitions and new product developments in the automotive sector[111]. Strategic Partnerships and Expansion - The company has formed strategic partnerships with major gas groups, including Kunlun Energy and China Gas, to expand its market presence and stabilize business growth[66]. - The company plans to expand its market presence and invest in new product development to drive future growth[23]. - The company is actively expanding its domestic market by increasing customer acquisition efforts and collaborating with major gas groups[69]. - The company plans to establish several new subsidiaries in 2024, including Shandong Aono Intelligent Equipment Co., Ltd. and Changchun Lantai Intelligent Technology Co., Ltd., to enhance collaboration with downstream customers[133].

Financial Performance - The company's revenue for Q1 2025 was CNY 329,309,462.07, representing a 21.62% increase compared to CNY 270,763,240.95 in the same period last year[5] - Net profit attributable to shareholders was CNY 70,741,965.13, up 10.54% from CNY 63,998,586.38 year-on-year[5] - Basic and diluted earnings per share increased by 6.25% to CNY 0.17 from CNY 0.16 in the same quarter last year[5] - Operating profit for the current period was ¥78,548,261.51, reflecting an increase of 6.1% from ¥73,838,653.20 in the previous period[20] - Net profit before tax totaled ¥78,608,987.34, compared to ¥73,795,461.39 in the last period, indicating a growth of 6.4%[20] - The net profit for the current period is 70,743,100.11, an increase from 63,971,232.16 in the previous period, representing a growth of approximately 11.7%[21] - The net profit attributable to the parent company is 70,741,965.13, compared to 63,998,586.38 in the previous period, indicating an increase of about 10.8%[21] Cash Flow - The net cash flow from operating activities was negative at CNY -98,383,409.33, a decline of 155.41% compared to CNY -38,519,348.31 in the previous year[5] - Cash inflow from operating activities totaled 350,170,315.05, compared to 316,701,829.71 in the previous period, marking an increase of approximately 10.5%[24] - The net cash flow from operating activities is -98,383,409.33, worsening from -38,519,348.31 in the previous period[24] - Cash inflow from investment activities is 737,340,865.83, down from 771,759,286.81 in the previous period, a decrease of about 4.5%[24] - The net cash flow from investment activities is 758,000.57, a significant improvement from -10,466,564.23 in the previous period[24] - Cash inflow from financing activities is 150,000,000.00, compared to 88,212,983.00 in the previous period, showing an increase of approximately 69.9%[24] - The net increase in cash and cash equivalents is -20,388,750.55, contrasting with an increase of 18,781,996.57 in the previous period[24] - The ending balance of cash and cash equivalents is 276,940,783.86, up from 189,824,725.60 in the previous period, indicating a growth of about 46%[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,346,865,334.52, reflecting a 1.62% increase from CNY 4,277,423,565.40 at the end of the previous year[5] - Current assets totaled ¥2,450,768,812.47, showing a marginal decrease from ¥2,452,045,361.32 at the start of the period[18] - Non-current assets increased to ¥1,896,096,522.05 from ¥1,825,378,204.08, marking a growth of 3.7%[18] - Total liabilities decreased slightly to ¥965,672,905.08 from ¥966,974,236.07, indicating a reduction of 0.1%[19] - The equity attributable to shareholders of the parent company rose to ¥3,328,820,341.72 from ¥3,258,078,376.59, reflecting an increase of 2.1%[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 21,209[12] - The largest shareholder, Zhenuo Measurement Instruments (Shanghai) Co., Ltd., holds 35.63% of shares, totaling 145,635,000 shares[12] - Li Shihua, a natural person, holds 14.86% of shares, totaling 60,730,602 shares[12] - The total number of restricted shares at the beginning of the period was 307,220,247, with 155,062 shares released during the period[14] - The total number of unrestricted shares held by the top 10 shareholders is 5,896,754 shares[12] - All major shareholders have agreed to act in concert, indicating a unified strategy[12] - The company has no preferred shareholders or changes in preferred shareholder holdings[13] - The company plans to release restricted shares on August 20, 2026, for several major shareholders[14] - There are no changes in the top 10 shareholders due to margin trading activities[13] Expenses - Sales expenses increased by 46.44% to CNY 40,577,811.67, driven by the growth in sales activities[10] - Other income rose by 51.04% to CNY 26,868,892.35, primarily due to an increase in government subsidies[10] - Research and development expenses for the current period were ¥27,230,204.69, up from ¥23,795,464.59 in the previous period, representing a growth of 14.2%[20]

证券代码：301303 证券简称：真兰仪表 公告编号：2025-010 上海真兰仪表科技股份有限公司 关于闲置募集资金（含超募资金）进行现金管理赎回 并继续现金管理的公告 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。 上海真兰仪表科技股份有限公司（以下简称"公司"或"真兰仪表"）于 2025 年 2 月 26 日召开第六届董事会第十二次临时会议、第六届监事会第九次临时会 议，审议通过了《关于使用部分闲置募集资金（含超募资金）进行现金管理的议 案》，同意公司拟使用额度最高不超过 11.00 亿元（含本数）的闲置募集资金（含 超募资金）进行现金管理，使用期限 12 个月。在上述额度和期限范围内，资金 可循环滚动使用。 公司于 2025 年 3 月 17 日召开的 2025 年第一次临时股东大会审议通过了以 上议案。具体事项详见公司于 2025 年 2 月 28 日在巨潮资讯网披露的《关于使用 部分闲置募集资金（含超募资金）进行现金管理的议案的公告》（公告编号： 2025-005）。 近日，公司使用闲置募集资金（含超募资金）在授权范围内购买的部分现金 管理产品已赎 ...

Group 1 - The company Shanghai Zhenlan Instrument Technology Co., Ltd. has applied for a patent for an "IoT gas meter and control method suitable for multi-user scenarios" with publication number CN 119756514 A, filed on January 2025 [1] - The patent involves a gas meter technology that allows multiple gas meters to be housed within a single shell, improving efficiency by eliminating the need for staff to individually check each household's gas usage [1] - The design includes features such as a mechanical counter, an electronic counter, and a protective structure, enhancing the functionality and safety of the gas meter [1] Group 2 - Shanghai Zhenlan Instrument Technology Co., Ltd. was established in 2011 and is primarily engaged in the manufacturing of instruments and meters [2] - The company has a registered capital of 408.8 million RMB and a paid-in capital of 292 million RMB [2] - The company has made investments in 15 enterprises, participated in 811 bidding projects, and holds 257 patents along with 39 trademark registrations [2]

Core Points - The company held its first extraordinary general meeting of shareholders in 2025 on March 17, 2025, with a combination of on-site and online voting methods [3][4] - The meeting had a total of 250 shareholders present, representing 308,510,266 shares, which is 75.4673% of the total voting shares [5] - The meeting approved two proposals regarding the use of idle funds for cash management, with overwhelming support from shareholders [11][13] Meeting Details - The meeting was convened by the company's board of directors and chaired by Chairman Li Shihua [3][4] - The meeting took place at the company's conference room located at 800 Songda Road, Qingpu District, Shanghai [3] - The voting for the meeting was conducted both on-site and through the Shenzhen Stock Exchange's voting systems [3] Attendance and Voting - A total of 250 shareholders participated, with 9 attending in person and 241 voting online [5][7] - Among the small shareholders, 236 participated, representing 1,290,019 shares, which is 0.3156% of the total voting shares [8][10] Proposal Voting Results - Proposal 1 regarding the use of idle raised funds for cash management received 99.6470% approval from the voting shareholders [11] - Proposal 2 concerning the use of idle self-owned funds for cash management garnered 99.6551% approval [13] Documentation - The resolutions from the meeting and a legal opinion from Beijing Deheng (Hangzhou) Law Firm are available for review [15]

证券代码：301303 证券简称：真兰仪表 公告编号：2025-009 上海真兰仪表科技股份有限公司 2025 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内容的真实、准确和完整， 没有虚假记载、误导性陈述或者重大遗漏。 2、本次股东会没有增加、否决或变更议案。 二、会议召开情况 1、召开时间：2025年3月17日下午3:00 2、股权登记日：2025年3月10日 3、现场会议召开地点：上海市青浦区崧达路800号702会议室 4、会议召集人：公司董事会 5、会议主持人：董事长李诗华 一、重要提示 1、本次股东会采取现场投票与网络投票相结合的方式。 6、会议召开方式：采取现场投票与网络投票相结合的方式。现场会议于2025 年3月17日下午3:00在上海真兰仪表科技股份有限公司702会议室召开，网络投票 时间为2025年3月17日。其中，通过深圳证券交易所交易系统进行投票的具体时 间为：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 统进行投票的具体时间为：2025年3月17日9:15-15:00期间的任意时间。 7、本次会议的召开符合《公司法》 ...

北京德恒（杭州）律师事务所 关于上海真兰仪表科技股份有限公司 法律意见书 2025年第一次临时股东会的 电话：(+86)0571-86508080 传真：(+86)0571-87357755 北京德恒（杭州）律师事务所 关于上海真兰仪表科技股份有限公司 2025 年第一次临时股东会的法律意见书 北京德恒（杭州）律师事务所 关于上海真兰仪表科技股份有限公司 2025年第一次临时股东会的 法律意见书 德恒【杭】书（2025）第 03023 号 致：上海真兰仪表科技股份有限公司 上海真兰仪表科技股份有限公司（下称"公司"）2025 年第一次临时股东 会（下称"本次股东会"）于 2025 年 3 月 17 日（星期一）下午 3：00 在上海市 青浦区崧达路 800 号 702 会议室召开。北京德恒（杭州）律师事务所（下称"本 所"）受公司委托，指派本所律师出席本次股东会。根据《中华人民共和国公司 法》（下称"《公司法》"）《上市公司股东大会规则》（下称"《股东大会规 则》"）等相关法律、法规、规范性文件以及《上海真兰仪表科技股份有限公司 章程》（下称"《公司章程》"）和《上海真兰仪表科技股份有限公司股东会议 事规则》 ...

证券代码：301303 证券简称：真兰仪表 公告编号：2025-008 上海真兰仪表科技股份有限公司 序 号 购买方 受托方 产品名称 产品类 型 金额（万 元） 购买日 到期日/赎 回日 实 际 收 益 （万元） 1. 真兰仪 表 宁波银 行青浦 支行 单位结构 性存款 保本浮 动性 1,000.00 2024.8.29 2025.2.26 11.80 2. 真兰仪 表 注 1 兴业银 行青浦 支行 兴业银行 大额存单 三年期 定期大 额存单 10,822.23 （含垫付 利息 2024.3.14 2025.3.3 315.69 一、本次使用闲置募集资金（含超募资金）进行现金管理赎回的情况 | 序 | 购买方 | 受托方 | 产品名称 | 产品类 | 金额（万 | 购买日 | 到期日/赎 | 实 际 收 益 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 号 | | | | 型 | 元） | | 回日 | （万元） | | | | | | | 万 822.23 | | | | | | | | | | 元） | | | | | 3. | ...

华福证券有限责任公司 关于上海真兰仪表科技股份有限公司 使用闲置自有资金进行现金管理 的核查意见 华福证券有限责任公司（以下简称"华福证券"或"本保荐机构"）作为上 海真兰仪表科技股份有限公司（以下简称"公司"或"真兰仪表"）首次公开发 行股票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》以及《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、行政法规、部门规章及业 务规则等文件的规定，对真兰仪表拟使用闲置自有资金进行现金管理的事项进行 了审慎核查，核查情况及核查意见如下： 一、现金管理概况 （一）现金管理的目的 公司及子公司拟在不影响公司正常经营的情况下，使用部分闲置自有资金进 行现金管理，为提高公司资金使用效率，获得一定投资收益。 （二）现金管理额度、资金来源及有效期 公司及子公司拟使用不超过 8 亿元闲置自有资金进行现金管理，资金来源为 公司临时闲置自有资金。上述额度 12 个月内滚动使用，任意时点进行投资理财 的金额不超过 8 亿元。如单笔产品存续期超过前述有效期，则有效期自动顺延至 该笔交易期满之日。 1 （三） ...

华福证券有限责任公司 关于上海真兰仪表科技股份有限公司 使用部分闲置募集资金（含超募资金）进行现金管理 的核查意见 华福证券有限责任公司（以下简称"华福证券"或"本保荐机构"）作为上 海真兰仪表科技股份有限公司（以下简称"公司"或"真兰仪表"）首次公开发 行股票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》、 《上市公司监管指引第 2 号—上市公司募集资金管理和使用的监管要求》、《深圳 证券交易所创业板股票上市规则》以及《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、行政法规、部门规章及业务规则 等文件的规定，对真兰仪表拟使用部分闲置募集资金（含超募资金）进行现金管 理的事项进行了审慎核查，核查情况及核查意见如下： 一、募集资金基本情况 中国证券监督管理委员会于 2022 年 9 月 28 日签发《关于同意上海真兰仪表 科技股份有限公司首次公开发行股票注册的批复》（证监许可﹝2022﹞2326 号）， 同意上海真兰科技股份有限公司在创业板注册发行。公司首次向社会公众公开发 行人民币普通股（A 股）7,300 万股，每股发行价 26.80 元，募集资金总额为 ...