Core Viewpoint - The company focuses on innovation-driven strategies based on power electronics and motor control technology, aiming to convert technological reserves into value in emerging application scenarios [1] Group 1: Business Strategy - The company consolidates its competitive advantage in the HVAC/R sector while expanding into the new energy vehicle thermal management and automation and robotics sectors [1] - The strategic direction is to systematically advance the transformation of technology reserves into market opportunities for new growth points [1] Group 2: Market Opportunities - The new energy vehicle sector has become a new engine driving the company's performance growth [1] - As the global penetration rate of new energy vehicles continues to rise, the optimization of product and customer structure contributes significantly to the overall performance growth of the company [1]

Financial Performance - The company's revenue for the first three quarters of 2025 was 997 million RMB, a decrease of 1.45% year-on-year [1] - The net profit attributable to shareholders was 134 million RMB, down 9.91% year-on-year [1] - The decline in performance was primarily due to macroeconomic fluctuations and the relocation of the "New Energy Automotive Electronics and Intelligent Manufacturing Industrial Base" project [1] Business Outlook - The company anticipates a steady improvement in performance indicators as overall business operations progress [1] - The heat pump business revenue increased year-on-year in the first three quarters of 2025, driven by global energy structure transformation and favorable government policies in Europe [1] R&D Investment - R&D expenses for the first three quarters of 2025 amounted to 98.43 million RMB, an increase of 12.88 million RMB from the previous year, representing 9.87% of revenue [3] - The company focuses on core product upgrades and technological innovation in emerging fields such as data centers, industrial control, and robotics [3] Data Center Business - The company has established a dual-core business layout in the data center sector, focusing on "thermal management + energy saving" [4] - The growth in demand for computing power and continuous upgrades in variable frequency high-efficiency technology are benefiting the thermal management segment [4] Robotics Sector - The company is actively developing its product line in the robotics field, leveraging proprietary control systems and application development capabilities [5] - The goal is to provide customized solutions for clients, aiming for significant growth in this sector [5] Thailand Production Base - The company plans to invest 226 million RMB in a new manufacturing base in Thailand, which is part of its global strategy [6] - The project is progressing as scheduled and aims to enhance local supply capabilities for international clients, boosting overseas revenue [6]

Core Viewpoint - Rujing Technology stated that as of October 31, 2025, the number of shareholders will exceed 9,900 [2] Summary by Categories - **Company Information** - Rujing Technology has confirmed that the number of shareholders is projected to be over 9,900 by the end of October 2025 [2]

Core Viewpoint - Ruijing Technology experienced a decline of 2.27% in stock price on October 30, with a trading volume of 117 million yuan, indicating potential market volatility and investor sentiment concerns [1] Financing Summary - On October 30, Ruijing Technology had a financing buy-in amount of 18.28 million yuan and a financing repayment of 8.59 million yuan, resulting in a net financing buy of 9.70 million yuan [1] - The total financing and securities balance for Ruijing Technology reached 234 million yuan, accounting for 5.22% of its circulating market value, which is above the 90th percentile of the past year, indicating a high level of financing activity [1] - The company had no short selling activity on October 30, with a short selling balance of 0 shares, suggesting a lack of bearish sentiment among investors [1] Company Performance - As of October 20, Ruijing Technology had 9,600 shareholders, a decrease of 4.95% from the previous period, while the average circulating shares per person increased by 5.21% to 5,145 shares [2] - For the period from January to September 2025, Ruijing Technology reported a revenue of 999.7 million yuan, a year-on-year decrease of 1.45%, and a net profit attributable to shareholders of 134 million yuan, down 9.91% year-on-year [2] Dividend and Shareholding Information - Since its A-share listing, Ruijing Technology has distributed a total of 104 million yuan in dividends [3] - As of September 30, 2025, the top ten circulating shareholders included Guotai Intelligent Automotive Stock A as the second-largest shareholder with 3.03 million shares, an increase of 50,000 shares from the previous period [3] - Guotai Intelligent Equipment Stock A ranked seventh among the top shareholders with 936,000 shares, a decrease of 355,700 shares, while Hong Kong Central Clearing Limited entered as the eighth-largest shareholder with 876,100 shares [3]

Core Viewpoint - Rujing Technology, established in 2003 and listed on the Shenzhen Stock Exchange in August 2023, specializes in power electronics and motor control, demonstrating competitive advantages in technology and product offerings [1] Group 1: Business Performance - For Q3 2025, Rujing Technology reported revenue of 999.7 million yuan, ranking 11th among 17 companies in the industry, with the top company, Ice Wheel Environment, generating 4.835 billion yuan [2] - The main business segments include HVAC and refrigeration equipment at 422 million yuan (60.29%), new energy vehicle thermal management systems at 260 million yuan (37.18%), and servo drive and control systems at 17.1375 million yuan (2.45%) [2] - The net profit for the same period was 134 million yuan, ranking 7th in the industry, with the leading company achieving a net profit of 488 million yuan [2] Group 2: Financial Health - Rujing Technology's debt-to-asset ratio was 16.81% in Q3 2025, lower than the previous year's 18.88% and significantly below the industry average of 36.25%, indicating strong solvency [3] - The gross profit margin for Q3 2025 was 26.42%, an increase from 24.42% year-on-year and above the industry average of 24.91%, reflecting good profitability [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 1.55% to 10,400, while the average number of circulating A-shares held per shareholder increased by 1.57% to 4,733.73 [5] - Notable changes among the top ten circulating shareholders include an increase in holdings by Guotai Intelligent Automotive and a decrease by Guotai Intelligent Equipment [5] Group 4: Market Outlook - According to CICC, the factory relocation impacted revenue but significantly improved gross margins, with expectations for continued growth in automotive and HVAC sectors [5] - Dongwu Securities anticipates that the main business will see a bottoming out in Q2 2025, with potential acceleration in Q3, driven by various factors including the European household heat pump market and electric vehicle business [6]

证券代码：301525 证券简称：儒竞科技 公告编号：2025-045 上海儒竞科技股份有限公司 关于参加 2025 年上海辖区上市公司三季报 集体业绩说明会的公告 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： 会议召开时间：2025 年 11 月 13 日（星期四）15:00-16:30 投资者可于 2025 年 11 月 06 日（星期四）至 11 月 12 日（星期三）16:00 前 登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 ir@ruking. com 进行提问。公司将在说明会上对投资者普遍关注的问题进行回答。 1 会议召开地点：上海证券交易所上证路演中心（网址：https://roadshow.sseinf o.com/） 会议召开方式：上证路演中心网络互动 上海儒竞科技股份有限公司（以下简称"公司"）已于 2025 年 10 月 28 日发 布公司《2025 年第三季度报告》，为便于广大投资者更全面深入地了解公司 2025 年第三季度经营成果、财务状况，公司计划于 2025 年 11 月 13 日（星期四） 1 ...

证券代码：301525 证券简称：儒竞科技 公告编号：2025-044 特此公告。 一、募集资金现金管理专用结算账户的开立情况 为进行募集资金现金管理，上海儒竞科技股份有限公司（以下简称"公司"） 及子公司上海儒竞智能科技有限公司开立了募集资金现金管理专用结算账户，具 体内容详见公司分别于 2024 年 1 月 15 日、2024 年 2 月 6 日披露在巨潮资讯网 （www.cninfo.com.cn）的《关于开立闲置募集资金现金管理专用结算账户的公告》 （公告编号：2024-008、009）。 二、部分募集资金现金管理专用结算账户的注销情况 鉴于部分募集资金现金管理专用结算账户已不再使用且无下一步使用计划， 公司子公司上海儒竞智能科技有限公司于近日办理完毕部分账户的注销手续，本 次注销的募集资金现金管理专用结算账户的具体账户信息如下： | 开户机构 | 账户名称 | 资金账号 | | --- | --- | --- | | 兴业银行股份有限公司上海浦东支行 | 上海儒竞智能科技有限公司 | 216230100100384259 | | 上海浦东发展银行股份有限公司杨浦支行 | 上海儒竞智能科技有限公司 | ...

Group 1 - Rujing Technology (301525.SZ) reported its Q3 2025 results, with 12 institutional investors holding a total of 13.776 million A-shares, representing 14.61% of the total share capital [1] - The top ten institutional investors collectively hold 14.21% of the shares, with an increase of 1.06 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, three funds increased their holdings, accounting for a 0.36% increase, while one fund decreased its holdings by 0.38% [2] - Two social security funds increased their holdings, with a total increase of 0.80% [2]

Core Viewpoint - Rujing Technology (301525.SZ) reported a decline in revenue and net profit for the first three quarters of 2025 compared to the previous year [1] Financial Performance - The company's operating revenue for the first three quarters was 999.7 million yuan, a year-on-year decrease of 1.45% [1] - The net profit attributable to shareholders of the listed company was 134 million yuan, down 9.91% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 113 million yuan, a decrease of 9.10% year-on-year [1] - Basic earnings per share were 1.42 yuan [1]

一、公司 2024 年限制性股票激励计划简述及已履行的审批程序 1、2024 年 4 月 22 日，公司第二届董事会第二次会议和第二届监事会第二 次会议审议通过了《关于<上海儒竞科技股份有限公司 2024 年限制性股票激励计 划（草案）>及其摘要的议案》等议案。公司 2024 年限制性股票激励计划拟向激 励对象授予共 235.7794 万股限制性股票，限制性股票授予价格为 39.15 元/股。 公司监事会对 2024 年限制性股票激励计划授予的激励对象名单出具了核查意见。 2、2024 年 4 月 24 日至 2024 年 5 月 3 日，公司对激励对象的姓名和职务在 公司内部进行了公示。2024 年 5 月 24 日，公司披露了《监事会关于 2024 年限 制性股票激励计划激励对象名单的审核意见及公示情况说明》。 3、2024 年 5 月 30 日，公司 2023 年年度股东大会审议通过了《关于<上海 儒竞科技股份有限公司 2024 年限制性股票激励计划（草案）>及其摘要的议案》 《关于<上海儒竞科技股份有限公司 2024 年限制性股票激励计划实施考核管理 办法>的议案》《关于提请股东大会授权董事会办理 2 ...