Core Insights - On September 12, Huayang Intelligent experienced a decline of 2.28% with a trading volume of 75.56 million yuan [1] - The company reported a financing buy-in of 10.01 million yuan and a net financing buy of 4.68 million yuan on the same day [1] - As of September 12, the total financing and securities lending balance for Huayang Intelligent reached 117 million yuan, accounting for 9.38% of its circulating market value, indicating a high level of financing [1] Financing and Securities Lending - On September 12, Huayang Intelligent had a financing buy-in of 10.01 million yuan, with a current financing balance of 117 million yuan [1] - The financing balance exceeds the 90th percentile level over the past year, indicating a high position [1] - There were no securities lent or sold on September 12, with a securities lending balance of 0.00 shares, also exceeding the 90th percentile level over the past year [1] Company Performance - As of June 30, Huayang Intelligent had 6,692 shareholders, a decrease of 3.77% from the previous period [2] - The average number of circulating shares per shareholder increased by 6.24% to 3,524 shares [2] - For the first half of 2025, the company reported operating revenue of 235 million yuan, a year-on-year decrease of 15.39%, and a net profit attributable to shareholders of 16.92 million yuan, down 17.19% year-on-year [2] Dividend and Shareholding - Since its A-share listing, Huayang Intelligent has distributed a total of 49.95 million yuan in dividends [3] - As of June 30, 2025, the fourth largest circulating shareholder is the Nuoan Multi-Strategy Mixed A Fund, holding 257,300 shares as a new shareholder [3]

致：江苏华阳智能装备股份有限公司（贵公司） 北京国枫（南京）律师事务所（以下简称"本所"）接受贵公司的委托，指派律师 出席并见证贵公司 2025 年第三次临时股东会（以下简称"本次会议"）。 本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人 民共和国证券法》（以下简称"《证券法》"）、《上市公司股东会规则》（以下简称 "《股东会规则》"）、《律师事务所从事证券法律业务管理办法》（以下简称"《证 券法律业务管理办法》"）、《律师事务所证券法律业务执业规则（试行）》（以下简 称"《证券法律业务执业规则》"）等相关法律、行政法规、规章、规范性文件及《江 苏华阳智能装备股份有限公司章程》（以下简称"《公司章程》"）的规定，就本次会 议的召集与召开程序、召集人资格、出席会议人员资格、会议表决程序及表决结果等事 宜，出具本法律意见书。 南京市鼓楼区集庆门大街 270 号苏宁环球国际中心 43 层 电话：025-85803866 传真：025-85803680 邮编：210003 北京国枫（南京）律师事务所 关于江苏华阳智能装备股份有限公司 2025 年第三次临时股东会的 法律意见书 国枫律股字[2 ...

2025年第三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、误导性陈述或重大遗漏。 证券代码：301502 证券简称：华阳智能 公告编号：2025-050 江苏华阳智能装备股份有限公司 （三）会议召开方式：采取现场投票与网络投票相结合的方式。 （四）会议召开时间 1.现场会议召开时间：2025年9月10日（星期三）下午14:00； 2.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时间为 2025年9月10日（星期三）的交易时间，即9:15-9:25，9:30-11:30和13:00-15:00； 特别提示： 1.本次股东会未出现否决议案的情形； 2.本次股东会未涉及变更以往股东会决议的情形。 一、会议召开和出席情况 （一）股东会届次：2025年第三次临时股东会 （二）会议召集人：公司董事会 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：2025年9月10日9:15-15:00任意时间。 （五）现场会议召开地点：江苏省常州市经开区潞横路2888号江苏华阳智 能装备股份有限公司会议室。 （1）现 ...

Core Viewpoint - Jiangsu Huayang Intelligent Equipment Co., Ltd. (Huayang Intelligent) is facing significant challenges in revenue and profit growth following its upcoming listing on the Shenzhen Stock Exchange in February 2024, with a notable decline in key financial metrics [1][5][10]. Business Overview - Huayang Intelligent was established in 2001 and specializes in precision motors and medical devices, serving major home appliance companies such as Midea, Gree, Haier, Hisense, and Aux [1][4]. - The company operates three production bases and has four wholly-owned subsidiaries, indicating a robust operational structure [4]. Financial Performance - Revenue reached nearly 500 million yuan in 2021 but has not surpassed this level in subsequent years, with a 15.4% decline in the first half of 2025 [5][7]. - The core business, "micro-special motors and components," experienced over a 10% decline, significantly impacting overall revenue [7][10]. - Net profit dropped nearly 50% in 2024, continuing to decline in the first half of 2025, raising concerns about the company's financial health post-listing [10][19]. Profitability Metrics - Gross margin has been on a downward trend, with the first half of 2025 showing continued decline, affecting the overall net profit margin [12][21]. - The main business profitability has fluctuated, dropping to 7 percentage points in 2024, with rising operating expenses further squeezing margins [17][21]. - The "precision injection drug delivery device" segment shows promise with significant gross margin growth, but its overall revenue contribution remains small [14][26]. Market Dynamics - Over 98% of Huayang Intelligent's products are sold in the domestic market, limiting growth opportunities from international sales [7]. - The company has faced challenges in maintaining revenue growth, with a significant 27.3% decline in the second quarter of 2025, indicating a tough market environment [20]. Cash Flow and Investment - Operating cash flow has been average, with only 2023 and 2024 showing decent performance, while fixed asset investment needs remain low [24][26]. - The company has maintained a reasonable financing scale, avoiding excessive debt compared to peers [24][26]. Strategic Considerations - The company is under pressure to improve revenue and profitability, with limited immediate solutions available [26]. - There is potential for growth in the "precision injection drug delivery device" segment if it can scale up to match the core business [26].

Core Viewpoint - Jiangsu Huayang Intelligent Equipment Co., Ltd. announced a share reduction plan by its directors and a specific shareholder, which is expected to take place from September 29, 2025, to December 28, 2025, involving a total reduction of up to 0.87% of the company's shares [3][4][8] Group 1: Shareholding and Reduction Plans - Director Yu Jiandong holds 685,000 shares (1.20% of total shares) and plans to reduce holdings by up to 171,250 shares (0.30%) [3][4] - Director and Vice General Manager Wang Shaofeng holds 274,000 shares (0.48%) and plans to reduce holdings by up to 68,500 shares (0.12%) [3][4] - Specific shareholder Yu Xianping holds 513,750 shares (0.90%) and plans to reduce holdings by up to 256,875 shares (0.45%) [3][4] Group 2: Compliance and Commitments - The share reduction plan complies with relevant regulations, including the Securities Law and Shenzhen Stock Exchange rules [8] - The directors and shareholder have committed to adhere to the regulations regarding share reduction, including prior announcements and compliance with market conditions [5][6][8] - The company confirms that the share reduction will not significantly impact its governance structure or control [8]

Core Viewpoint - Huayang Intelligent (301502.SZ) announced that its director Yu Jiandong, director and deputy general manager Wang Shaofeng, and specific shareholder Yu Xianping plan to reduce their holdings in the company, with a total amount not exceeding 496,600 shares [1] Summary by Category - **Shareholding Reduction** - The total number of shares to be reduced is up to 496,600 [1]

Core Viewpoint - Huayang Intelligent (301502.SZ) announced that its board member Yu Jiandong, board member and deputy general manager Wang Shaofeng, and specific shareholder Yu Xianping plan to reduce their holdings in the company by a total of no more than 496,600 shares [1] Summary by Relevant Categories - **Company Actions** - The company disclosed that three individuals associated with its management and shareholders intend to reduce their shareholdings [1] - **Shareholding Details** - The total number of shares to be reduced is capped at 496,600 [1]

证券代码：301502 证券简称：华阳智能 公告编号：2025-049 江苏华阳智能装备股份有限公司 公司董事於建东先生、董事兼副总经理王少锋先生、特定股东俞贤萍女士保 证向本公司提供的信息内容真实、准确、完整，没有虚假记载、误导性陈述或重 大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 能"）董事於建东先生持有公司股份685,000股（占公司总股本比例1.20%）， 计划在本公告披露之日起15个交易日后的3个月内（2025年9月29日至2025 年12月28日）以集中竞价或大宗交易方式减持公司股份不超过171,250股， 合计拟减持公司股份不超过0.30%。 股本比例0.48%），计划在本公告披露之日起15个交易日后的3个月内（2025 年9月29日至2025年12月28日）以集中竞价或大宗交易方式减持公司股份不 超过68,500股，合计拟减持公司股份不超过0.12%。 比例0.9%），计划在本公告披露之日起15个交易日后的3个月内（2025年9 月29日至2025年12月28日）以集中竞价或大宗交易方式减持公司股份不超 过256,875股，合计拟减持公司股份不超过 ...

Core Viewpoint - Huayang Intelligent (301502.SZ) announced plans for share reductions by its directors and specific shareholders, indicating a potential shift in ownership structure and investor sentiment [1] Summary by Relevant Sections Share Reduction Plans - Director Yu Jiandong plans to reduce his holdings by up to 171,250 shares, representing a maximum of 0.30% of the company's total shares, within three months starting from September 29, 2025 [1] - Director and Deputy General Manager Wang Shaofeng intends to sell up to 68,500 shares, which accounts for a maximum of 0.12% of the total shares, also within the same three-month period [1] - Shareholder Yu Xianping aims to reduce his stake by up to 256,900 shares, equating to a maximum of 0.45% of the total shares, during the specified timeframe [1]

证券代码：301502 证券简称：华阳智能 公告编号：2025-049 江苏华阳智能装备股份有限公司 关于特定股东、董事、高级管理人员减持股份的预披露公告 公司董事於建东先生、董事兼副总经理王少锋先生、特定股东俞贤萍女士保 证向本公司提供的信息内容真实、准确、完整，没有虚假记载、误导性陈述或重 大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 1、江苏华阳智能装备股份有限公司（以下简称"公司"或"华阳智 能"）董事於建东先生持有公司股份685,000股（占公司总股本比例1.20%）， 计划在本公告披露之日起15个交易日后的3个月内（2025年9月29日至2025 年12月28日）以集中竞价或大宗交易方式减持公司股份不超过171,250股， 合计拟减持公司股份不超过0.30%。 一、减持股东基本情况 1 截至本公告披露日，於建东先生、王少锋先生及俞贤萍女士具体持股 情况如下： 2、公司董事兼副总经理王少锋先生持有公司股份274,000股（占公司总 股本比例0.48%），计划在本公告披露之日起15个交易日后的3个月内（2025 年9月29日至2025年12月28日）以集中竞 ...