Meeting Overview - The fourth meeting of the supervisory board of Zhejiang Taotao Vehicle Co., Ltd. was held on July 14, 2025, with all three supervisors present, confirming the legality and validity of the meeting [1]. Agenda Items - The supervisory board approved the adjustment of the grant price for the 2023 restricted stock incentive plan, stating that it complies with relevant regulations and will not materially affect the company's financial status or operating results [1]. - The board agreed that the conditions for the second vesting period of the initial grant and the first vesting period of the reserved grant have been met, allowing the company to proceed with the related matters for eligible incentive objects [2]. - The board approved the cancellation of 37,440 shares of restricted stock that were granted but not vested due to the departure of three incentive objects, in accordance with relevant regulations [2][3].

一、本次激励计划已履行的决策程序 于公司<2023年限制性股票激励计划（草案）>及其摘要的议案》《关于公司<2023 年限制性股票激励计划实施考核管理办法>的议案》及《关于提请股东大会授权 董事会全权办理公司限制性股票激励计划相关事宜的议案》，公司独立董事对本 次激励计划的相关议案发表了独立意见。 证券代码：301345 证券简称：涛涛车业 公告编号：2025-033 浙江涛涛车业股份有限公司 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。 浙江涛涛车业股份有限公司（以下简称"公司"）于2025年7月14日召开第 四届董事会第七次会议、第四届监事会第五次会议，审议通过了《关于调整2023 年限制性股票激励计划授予价格的议案》。根据公司《2023年限制性股票激励计 划（草案）》（以下简称"本次激励计划"或《激励计划（草案）》）的规定， 董事会同意将2023年限制性股票激励计划的授予价格由24.16元/股调整为22.17 元/股。现将相关事宜公告如下： 于公司<2023年限制性股票激励计划（草案）>及其摘要的议案》《关于公司<2023 年限制性股票激励计划实施考核 ...

证券代码：301345 证券简称：涛涛车业 公告编号：2025-032 浙江涛涛车业股份有限公司 关于2023年限制性股票激励计划首次授予部分 第二个归属期及预留授予部分第一个归属期归属条件成就的公告 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。 1、激励方式：第二类限制性股票。 重要内容提示： 1、本次符合第二类限制性股票归属条件的激励对象共计 73 名，其中首次授 予部分激励对象符合条件的共 61 名，预留授予部分激励对象符合条件的共 45 名 （其中 33 名对象本次同时归属首次及预留授予部分限制性股票）。 2、本次归属第二类限制性股票数量为 417,330 股，占目前公司总股本的 0.38417%。其中首次授予部分共 300,330 股，预留授予部分共 117,000 股。 3、本次归属股票来源：公司向激励对象定向发行公司 A 股普通股股票。 4、本次限制性股票归属价格(权益分派调整后)：22.17 元/股。 浙江涛涛车业股份有限公司（以下简称"公司"）于 2025 年 7 月 14 日召开 第四届董事会第七次会议、第四届监事会第五次会议，审议通过《 ...

证券代码：301345 证券简称：涛涛车业 公告编号：2025-034 浙江涛涛车业股份有限公司 关于作废2023年限制性股票激励计划 部分已授予尚未归属的限制性股票的公告 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。 浙江涛涛车业股份有限公司（以下简称"公司"、"涛涛车业"）于2025年 7月14日召开第四届董事会第七次会议、第四届监事会第五次会议，审议通过《关 于作废2023年限制性股票激励计划部分已授予尚未归属的限制性股票的议案》。 现将有关事项说明如下： 一、2023 年限制性股票激励计划已履行的相关审议程序 1、2023年7月17日，公司召开第三届董事会第十三次会议，审议通过了《关 于公司<2023年限制性股票激励计划（草案）>及其摘要的议案》《关于公司<2023 年限制性股票激励计划实施考核管理办法>的议案》及《关于提请股东大会授权 董事会全权办理公司限制性股票激励计划相关事宜的议案》，公司独立董事对本 次激励计划的相关议案发表了独立意见。 2、2023年7月17日，公司召开第三届监事会第十二次会议，审议通过了《关 于公司<2023年限制性股票激 ...

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。 证券代码：301345 证券简称：涛涛车业 公告编号：2025-033 浙江涛涛车业股份有限公司 关于调整2023年限制性股票激励计划授予价格的公告 浙江涛涛车业股份有限公司（以下简称"公司"）于2025年7月14日召开第 四届董事会第七次会议、第四届监事会第五次会议，审议通过了《关于调整2023 年限制性股票激励计划授予价格的议案》。根据公司《2023年限制性股票激励计 划（草案）》（以下简称"本次激励计划"或《激励计划（草案）》）的规定， 董事会同意将2023年限制性股票激励计划的授予价格由24.16元/股调整为22.17 元/股。现将相关事宜公告如下： 一、本次激励计划已履行的决策程序 1、2023年7月17日，公司召开第三届董事会第十三次会议，审议通过了《关 于公司<2023年限制性股票激励计划（草案）>及其摘要的议案》《关于公司<2023 年限制性股票激励计划实施考核管理办法>的议案》及《关于提请股东大会授权 董事会全权办理公司限制性股票激励计划相关事宜的议案》，公司独立董事对本 次激励计划的相关议案发 ...

国浩律师（杭州）事务所 关 于 浙江涛涛车业股份有限公司 2023 年限制性股票激励计划 调整授予价格、首次授予部分第二个归属期 及预留授予部分第一个归属期归属 条件成就暨作废部分限制性股票的 法律意见书 地址：杭州市上城区老复兴路白塔公园 B 区 2 号、15 号国浩律师楼 邮编：310008 Grandall Building, No.2＆No.15, Block B, Baita Park, Old Fuxing Road, Hangzhou, Zhejiang 310008, China 电话/Tel: (+86)(571) 8577 5888 传真/Fax: (+86)(571) 8577 5643 电子邮箱/Mail：grandallhz@grandall.com.cn 网址/Website：http://www.grandall.com.cn 二〇二五年七月 关于浙江涛涛车业股份有限公司 2023 年限制性股票激励计划 调整授予价格、首次授予部分第二个归属期及预留授 予部分第一个归属期归属条件成就暨作废部分限制 性股票的法律意见书 国浩律师（杭州）事务所 法律意见书 国浩律师（杭州）事务所 致： ...

Core Viewpoint - Kepler Robotics has adopted a unique financing strategy by attracting investments primarily from A-share listed companies in the automotive and robotics sectors, rather than traditional venture capital, to enhance its industrial capabilities and resources [1][7]. Financing Strategy - Kepler completed an A+ round of financing on July 9, 2023, bringing in two listed companies, Taotao Automotive and Furande, following previous rounds that included five other companies in the automotive and robotics supply chain [1][5]. - The CFO of Kepler emphasized that the focus this year is on building industrial chain resources and addressing key component shortages in humanoid robots, rather than seeking financial investors who may not provide industry empowerment [1][7]. Industry Collaboration - The seven listed companies involved in Kepler's financing are primarily engaged in upstream component manufacturing and materials supply, with one focused on downstream distribution [2]. - Kepler is collaborating with these companies to enhance various aspects of humanoid robotics, such as precision in joint movement control, environmental perception, and lightweight materials for robots [3][4][5]. Product Development and Market Strategy - Kepler is developing two types of robots: bipedal humanoid robots and wheeled robots, with the latter serving as a transitional form for factory deployment [14]. - The company aims to leverage partnerships with industry leaders to co-develop core components, ensuring that the robots meet industrial standards for performance and cost [8][14]. Market Positioning and Cost Efficiency - The pricing strategy for Kepler's humanoid robot, "Pioneer K2," is set at approximately $30,000 (around 220,000 RMB), which is competitive compared to other robots priced between 500,000 to 700,000 RMB [9][15]. - Kepler's robots are designed to operate in industrial settings, where the cost sensitivity is high, and the company anticipates a return on investment (ROI) within two years based on labor cost comparisons [14][15]. Production Capacity and Future Outlook - Kepler expects to ship around 100 units this year, with a target of scaling up to 1,000 units next year, supported by a new assembly factory in Foshan with an annual capacity of approximately 500 units [15]. - The company is focused on ensuring product quality through in-house manufacturing capabilities rather than relying on third-party production [15].

Core Insights - 26 companies listed on the ChiNext board have released their performance forecasts for the first half of the year, with 19 companies expecting profit increases, representing 73.08% of the total [1] - The overall proportion of companies reporting positive forecasts is 80.77%, with 2 companies expecting profits and 1 company forecasting losses [1] Performance Forecast Summary - Among the companies with positive forecasts, 7 are expected to see net profit growth exceeding 100%, while 4 companies anticipate growth between 50% and 100% [1] - Han Yu Pharmaceutical is projected to have the highest net profit growth, with a median increase of 1567.36% [1] - Other notable companies include Chuanjin Nuo and Longyuan Technology, with expected net profit growth of 167.27% and 137.44% respectively [1] Company Performance Highlights - The following companies are highlighted for their significant expected profit increases: - Han Yu Pharmaceutical (Code: 300199) - Expected net profit growth: 1567.36%, Latest closing price: 18.24, Year-to-date change: 41.51%, Industry: Pharmaceutical [1] - Chuanjin Nuo (Code: 300505) - Expected net profit growth: 167.27%, Latest closing price: 19.95, Year-to-date change: 40.94%, Industry: Basic Chemicals [1] - Longyuan Technology (Code: 300105) - Expected net profit growth: 137.44%, Latest closing price: 8.11, Year-to-date change: 7.79%, Industry: Environmental Protection [1] - Other companies with notable growth include Chenguang Biotech, Feirongda, Boteng Co., and Huizhong Co. [1]

Group 1: Company Performance - The company achieved a revenue of 639 million yuan in Q1, representing a year-on-year growth of 22.96% [3] - The net profit for Q1 was 86.21 million yuan, showing a significant year-on-year increase of 69.46% [3] - The basic earnings per share were reported at 0.7900 yuan, with a weighted average return on equity of 2.70% [3] Group 2: Market Activity - The stock price of Taotao Automotive reached a historical high, with a recent increase of 1.60% to 145.70 yuan, and a total market capitalization of 15.828 billion yuan [2] - The stock has recorded 14 trading days of new highs in the past month, with a trading volume of 388,400 shares and a turnover of 56.1665 million yuan [2] - The latest margin trading balance for the stock was 225 million yuan, with a financing balance of 224 million yuan, reflecting a 9.91% increase over the past 10 days [2] Group 3: Industry Overview - The overall automotive industry experienced a slight decline of 0.12%, with 92 stocks rising and 190 stocks falling [2] - Among the rising stocks, Meichen Technology, Songzhi Co., and Jifeng Co. had notable increases of 8.29%, 5.78%, and 3.34% respectively [2] - The target price set by Guotai Haitong Securities for the company was 124.32 yuan as of July 1 [2] Group 4: Future Projections - The company anticipates a net profit between 310 million yuan and 360 million yuan for the first half of the year, indicating a year-on-year change of 70.34% to 97.81% [3]

Group 1: Market Overview - US stock markets rose, with the Dow Jones up 0.43%, Nasdaq up 0.09%, and S&P 500 up 0.27%. Notable stock movements included Tesla rising 4.73% and Nvidia up 0.75% [1] - The Shanghai Composite Index reached a new high, boosting market confidence and potentially attracting more capital into the market, with expectations of a continued upward trend [3] Group 2: Industry Insights - The ice-making industry in Henan is experiencing a surge in demand due to high temperatures, with some factories producing nearly 300 tons of ice daily, leading to a doubling of sales. The market for ice products is projected to exceed 63 billion yuan by 2026 [4] - Coal futures saw a significant increase, with coking coal rising 3.98% and coking coal up 3.44%. The demand for coal is expected to rise due to seasonal factors and policy changes aimed at reducing excess production capacity [5] - JD.com is entering the short drama market, indicating a strategic focus on this growing sector, with competitive salaries offered to attract top talent [5][6] - The micro-short drama market in China is projected to reach 505 billion yuan by 2024, surpassing annual box office revenues for films, with a compound annual growth rate of 19.2% expected [6] Group 3: Company Announcements - Baosteel plans to adjust the price of rare earth concentrate for Q3 2025 to 19,109 yuan per ton [9] - Guosheng Financial Holdings expects a net profit of 150 million to 220 million yuan for the first half of the year, a year-on-year increase of 236.85% to 394.05% [9] - The expected net profit for Sailyus in the first half of the year is between 2.7 billion to 3.2 billion yuan, reflecting a significant year-on-year increase of 66.20% to 96.98% [9] - WuXi AppTec anticipates an adjusted net profit of approximately 6.315 billion yuan for the first half of the year, a year-on-year increase of about 44.43% [9] Group 4: Emerging Technologies - Chengdu Hanhai Fusion Energy is set to witness a milestone event on July 18, marking the completion of China's first linear fusion device, HHMAX-901, which signifies a major breakthrough in the commercialization of controlled nuclear fusion [8]