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。 特别提示： 1、本次股东会未出现否决议案的情形。 证券代码：301325 证券简称：曼恩斯特 公告编号：2025-033 深圳市曼恩斯特科技股份有限公司 2024 年年度股东会决议公告 4、会议的召开方式：现场表决与网络投票相结合的方式。 5、现场会议召开地点：深圳市坪山区龙田街道竹坑社区第三工业区 C 区 9 号楼二楼大会议室。 1 （一）会议召开情况 1、股东会的召集人：深圳市曼恩斯特科技股份有限公司（以下简称"公司"） 董事会 2、会议召开的合法、合规性：本次股东会的召开符合有关法律、行政法规、 部门规章、规范性文件和《深圳市曼恩斯特科技股份有限公司章程》的相关规定。 3、会议召开的日期、时间： 2、本次股东会不涉及变更以往股东会已通过的决议。 （2）网络投票时间：通过深圳证券交易所（以下简称"深交所"）交易系统 进行网络投票的具体时间为：2025年6月6日9:15-9:25，9:30-11:30和13:00-15:00； 通过深交所互联网投票系统投票的具体时间为：2025 年 6 月 6 日 9:15-1 ...

证券代码：301325 证券简称：曼恩斯特 公告编号：2025-032 深圳市曼恩斯特科技股份有限公司 关于第二期回购公司股份的进展公告 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。 深圳市曼恩斯特科技股份有限公司（以下简称"公司"）于 2024 年 10 月 28 日召开第二届董事会第六次会议，审议通过了《关于回购公司股份方案的议 案》，同意公司使用自筹资金及公司自有资金以集中竞价交易方式回购公司人民 币普通股（A 股），回购股份的资金总额上限为人民币 20,000 万元（含本数）， 回购下限为人民币 10,000 万元（含本数）。本次回购股份用于员工持股计划或 股 权 激 励 。 具 体 内 容 详 见 公 司 于 2024 年 10 月 29 日 在 巨 潮 资 讯 网 （www.cninfo.com.cn）披露的《关于第二期回购公司股份方案的公告》（公告编 号：2024-065）、《回购报告书》（公告编号：2024-066）。 公司于 2024 年 11 月 30 日召开第二届董事会第七次会议，审议通过了《关 于调整第二期回购公司股份价格上限的议案》 ...

证券代码：301325 证券简称：曼恩斯特 公告编号：2025-031 深圳市曼恩斯特科技股份有限公司 关于对外担保的进展公告 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。 截至目前，深圳市曼恩斯特科技股份有限公司（以下简称"公司"或"保证 人"）及控股子公司对资产负债率超过 70%的单位已审批担保金额超过公司最近 一期经审计净资产 50%，请投资者充分关注担保风险。 一、担保情况概述 公司分别于 2024 年 12 月 12 日、2024 年 12 月 30 日召开了第二届董事会第 八次会议、第二届监事会第六次会议及 2024 年第四次临时股东会，审议通过了 《关于对外担保额度预计的议案》，为落实公司发展战略，满足公司全资子公司 及控股子公司日常经营及业务发展的需要，公司拟向全资子公司淮安曼恩斯特科 技有限公司、全资子公司深圳市曼恩光电科技有限公司、控股子公司湖南安诚新 能源有限公司及其全资子公司深圳安诚新能源有限公司、控股子公司苏州曼恩斯 特氢能源科技有限公司以及合并报表范围内的其他子公司提供担保，担保总额为 200,000 万元。 上述额度按实际生效的 ...

Group 1 - The company announced that its wholly-owned subsidiary, Shenzhen Manns Technology Investment Management Co., Ltd., plans to invest 50 million yuan as a limited partner in the establishment of Tianjin Guiou No. 1 Equity Investment Fund Partnership (Limited Partnership) [1] - The total registered capital of the fund is 100 million yuan, with the company holding a 49.995% share [1] - The investment focus of the fund is on equity investment projects in the new energy storage industry [1]

证券代码：301325 证券简称：曼恩斯特 公告编号：2025-030 深圳市曼恩斯特科技股份有限公司 关于公司全资子公司与专业机构共同投资的公告 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。 一、与专业机构共同投资概述 为推进深圳市曼恩斯特科技股份有限公司（以下简称"公司"）整体战略实 施，加快围绕主营业务优化产业布局，进一步提升综合竞争力，公司全资子公司 深圳市曼恩斯特创投管理有限公司（以下简称"曼恩创投"）拟作为有限合伙人 以自有资金出资人民币 5,000 万元，与普通合伙人暨基金管理人贵欧私募基金管 理（北京）有限公司及其他有限合伙人天津贵欧投资产业基金合伙企业（有限合 伙）共同设立天津贵欧壹号股权投资基金合伙企业（有限合伙）（暂定名，以工 商登记机关最终核准为准，以下简称"标的基金"），标的基金注册资本为人民 币 10,001 万元，曼恩创投持有标的基金的份额为 49.995%。 二、交易对手方基本情况 （一）基金管理人、普通合伙人基本情况 1、基本情况 名称：贵欧私募基金管理（北京）有限公司 1 统一社会信用代码：91110116MA04FWD4 ...

一、与专业机构共同投资概述 为推进深圳市曼恩斯特科技股份有限公司（以下简称"曼恩斯特"）整体战 略实施，加快围绕主营业务优化产业布局，进一步提升综合竞争力，曼恩斯特全 资子公司深圳市曼恩斯特创投管理有限公司（以下简称"曼恩创投"）拟作为有 限合伙人以自有资金出资人民币 5,000 万元，与普通合伙人暨基金管理人贵欧私 募基金管理（北京）有限公司及其他有限合伙人天津贵欧投资产业基金合伙企业 （有限合伙）共同设立天津贵欧壹号股权投资基金合伙企业（有限合伙）（暂定 名，以工商登记机关最终核准为准，以下简称"标的基金"），标的基金注册资 本为人民币 10,001 万元，曼恩创投持有标的基金的份额为 49.995%。 根据《深圳证券交易所创业板股票上市规则》《深圳证券交易所上市公司自 律监管指引第 7 号——交易与关联交易》《深圳市曼恩斯特科技股份有限公司章 程》《深圳市曼恩斯特科技股份有限公司对外投资管理制度》的规定，本次与专 业机构共同投资事项已经公司总经理办公会审议，无需提交公司董事会、股东会 审议。 上述投资事项不存在同业竞争，不构成关联交易，也不构成《上市公司重大 民生证券股份有限公司关于深圳市曼恩斯特科技 ...

Group 1 - The A-share solid-state battery sector experienced a short-term surge, with Guoxuan High-Tech hitting the daily limit [1] - Binhai Energy, Ningxin New Materials, and Jinlongyu previously reached their daily limit, indicating strong market interest [1] - Lingge Technology and Lingpai Technology saw increases of over 10%, reflecting positive sentiment in the sector [1] Group 2 - Other companies such as Honggong Technology, Shanghai Xiba, Manns Technology, Mengguli, and Liyuanheng also experienced gains, showcasing a broader rally in the industry [1]

Investment Rating - The report maintains a "Recommended" rating for the company with a target price of 67.32 CNY, based on expected growth in the energy storage business and new business developments [5][9]. Core Insights - The company's energy storage business is gradually ramping up, and the development of new business areas is promising. The traditional lithium battery business is under pressure due to supply-demand mismatches and increased competition, while the energy system business is expected to improve profitability as it scales [5][9]. - The company achieved a total revenue of 1.699 billion CNY in 2024, representing a year-on-year growth of 113.7%. However, the net profit attributable to the parent company was only 31 million CNY, down 91% year-on-year [4][9]. - The report highlights the company's multi-track layout, including expansion into the semiconductor and robotics industries, which is expected to inject new growth momentum [9]. Financial Summary - **Revenue Forecast**: Projected revenues for 2025, 2026, and 2027 are 2.43 billion CNY, 3.02 billion CNY, and 3.63 billion CNY, respectively, with growth rates of 43%, 24.3%, and 20.3% [4][10]. - **Net Profit Forecast**: Expected net profits for 2025, 2026, and 2027 are 161 million CNY, 247 million CNY, and 321 million CNY, with growth rates of 425.9%, 52.8%, and 30.3% [4][10]. - **Earnings Per Share (EPS)**: The EPS is projected to increase from 0.21 CNY in 2024 to 2.23 CNY in 2027 [4][10]. - **Valuation Ratios**: The price-to-earnings (P/E) ratio is expected to decrease from 270 in 2024 to 26 in 2027, indicating improving valuation as earnings grow [4][10].

Investment Rating - The report maintains a "Recommended" rating for the company with a target price of 67.32 CNY, based on expected growth in the energy storage business and new business developments [5][9]. Core Views - The energy storage business is gradually ramping up, and the company's expansion into new business areas is promising. The traditional lithium battery business is under pressure, but the energy storage segment is expected to improve profitability as it develops [5][9]. - The company achieved a total revenue of 1.699 billion CNY in 2024, representing a year-on-year growth of 113.7%. However, the net profit attributable to the parent company was only 31 million CNY, down 91% year-on-year [9][10]. - The report highlights the company's multi-track layout, which is expected to inject new growth momentum. This includes expansion into the semiconductor industry and a strategic partnership in the robotics sector [9][10]. Financial Summary - **Revenue Forecast**: The company is projected to generate total revenues of 2.430 billion CNY in 2025, 3.020 billion CNY in 2026, and 3.634 billion CNY in 2027, with growth rates of 43.0%, 24.3%, and 20.3% respectively [4][10]. - **Net Profit Forecast**: The net profit attributable to the parent company is expected to rise to 161 million CNY in 2025, 247 million CNY in 2026, and 321 million CNY in 2027, with growth rates of 425.9%, 52.8%, and 30.3% respectively [4][10]. - **Earnings Per Share (EPS)**: The EPS is projected to increase from 0.21 CNY in 2024 to 1.12 CNY in 2025, 1.71 CNY in 2026, and 2.23 CNY in 2027 [4][10]. - **Valuation Ratios**: The price-to-earnings (P/E) ratio is expected to decrease from 270 in 2024 to 51 in 2025, 34 in 2026, and 26 in 2027, indicating improving valuation as earnings grow [4][10].

Investment Rating - The report maintains a "Buy" rating for Manst Technology [7][5]. Core Views - Manst Technology is expected to see a surge in orders as it penetrates multiple niche markets, despite facing operational pressures in its traditional LIB business [2][4]. - The company has shown optimism regarding its coating platform technology and the smooth progress of various business segments, anticipating accelerated growth in potential orders [2][4]. Financial Performance - For 2024, Manst's revenue and net profit are projected at RMB 1.699 billion and RMB 313.1 million, respectively, reflecting a year-on-year growth of 113.7% and a significant decline in net profit by 91% [2]. - The first quarter of 2025 shows revenue of RMB 438 million and a net profit of RMB 60 million, indicating a year-on-year increase of 139.2% in revenue but a decline of 90.2% in net profit [2]. - The report forecasts net profits for 2025, 2026, and 2027 to be RMB 203 million, RMB 283 million, and RMB 303 million, respectively, with a downward adjustment of 17.7% and 16.1% for 2025 and 2026 compared to previous estimates [5]. Business Segments - Coating Application: Revenue in this segment is expected to decline by 40.1% in 2024 to RMB 471 million, with a gross margin of 51.79% [3]. - Energy Systems: This segment is projected to have a low gross margin of 10.4% in 2024, with expectations of revenue reaching RMB 350 million in Q1 2025 and a gross margin increase to 15-20% [3]. - Solid-State Batteries: Manst has developed equipment for solid-state battery production and has received orders from multiple domestic and international clients [4]. - Robotics: The company is progressing with product designs and prototypes in its robotics segment [4]. - Semiconductor Devices: Manst has delivered its first GW-level perovskite solar cell coating equipment in China and secured over RMB 1 billion in new orders for 2024 [4]. - Energy Storage: The segment has seen rapid order growth, with new orders reaching RMB 2 billion in 2024, and revenue expectations for 2025 are between RMB 1.5 billion and RMB 2 billion [4]. Valuation - The report assigns a target price of RMB 5.64, based on a 40x P/E ratio for 2025, which is higher than the industry average of 33.9x [5][8]. - The closing price as of May 15 was RMB 55.94, indicating a potential upside of 1% [8].