Core Viewpoint - Chongde Technology (301548) has successfully applied its high-performance dynamic pressure oil film sliding bearings in major national water conservancy and hydropower projects, indicating its mature technical reserves and experience in serving large-scale water conservancy and hydropower projects [1] Company Summary - The company’s high-performance dynamic pressure oil film sliding bearings are key components in significant national projects such as the South-to-North Water Diversion Eastern Route Project and the Pearl River Delta Water Resource Allocation Project [1] - The successful application of these bearings demonstrates the company's capability and expertise in the water conservancy and hydropower sector [1]

Core Viewpoint - The major shareholders of Hunan Chongde Technology Co., Ltd., Mr. Wu Xingming and Mr. Zhang Li, have announced their plans to reduce their shareholdings in the company, with specific details regarding the number of shares and the timeline for the reduction [1][2][11]. Shareholder Information - Mr. Wu Xingming holds 10,165,950 shares, accounting for 11.6850% of the total share capital of the company [2]. - Mr. Zhang Li holds 4,734,975 shares, representing 5.4425% of the total share capital of the company [2]. Reduction Plan Details - Mr. Wu Xingming plans to reduce his holdings by up to 870,000 shares, which is not more than 1.0000% of the total share capital, effective from August 19, 2025, to November 18, 2025 [1][2]. - Mr. Zhang Li intends to reduce his holdings by up to 531,900 shares, which is not more than 0.6114% of the total share capital, during the same period [1][2]. Compliance and Commitments - Both shareholders have committed to adhere to relevant laws and regulations regarding share reduction, including the requirement to announce their plans three trading days in advance [6][10]. - The shareholders have confirmed that their planned reductions do not violate any prior commitments made regarding shareholding [10][11]. Regulatory Compliance - The share reduction plans comply with the regulations set forth by the Shenzhen Stock Exchange and other relevant legal frameworks [11]. - The company’s board will oversee the compliance of the share reduction process to ensure it aligns with legal requirements [11].

证券代码：301548 证券简称：崇德科技 公告编号：2025-040 湖南崇德科技股份有限公司 关于持股 5%以上股东减持股份预披露公告 公司持股 5%以上股东吴星明先生、张力先生保证向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。 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、持有湖南崇德科技股份有限公司（以下简称"公司"）股份 10,165,950 股（占公司目前总股本比例为 11.6850%）的股东、董事吴星明先生计划自本减 持计划公告之日起 15 个交易日后的 3 个月内（即 2025 年 8 月 19 日起至 2025 年 11 月 18 日止）通过集中竞价或大宗交易方式减持公司股份不超过 870,000 股（即不超过公司目前总股本的 1.0000%，占剔除公司回购专用账户股份后的总 股本比例的 1.0049%）。 2、持有公司股份 4,734,975 股（占公司目前总股本比例为 5.4425%）的股 东、监事张力先生计划自本减持计划公告之日起 15 个交易日后的 3 个月内（即 2025 年 8 月 19 日起至 2025 年 11 ...

Group 1: Company Overview - The main products and services include dynamic pressure oil film sliding bearings, wind power sliding bearings, high-speed permanent magnet motors, and industrial transmission services, focusing on energy generation, industrial drive, petrochemicals, and shipping sectors [2][3]. Group 2: Market Competition - The dynamic pressure oil film sliding bearing industry has a low overall market concentration, with the top ten global companies accounting for approximately 25% of the market size [4]. - The demand for low-performance bearing products is supplied by numerous small manufacturers, while high-performance bearings are primarily provided by leading international companies and domestic leaders like Chongde Technology [4][5]. Group 3: Financial Performance - In 2024, the company achieved a revenue of 518 million CNY and a net profit of 115 million CNY, with a non-recurring net profit of approximately 96.02 million CNY [6]. - In Q1 2025, the company reported a revenue of 121 million CNY and a net profit of approximately 27.81 million CNY [6]. - Revenue breakdown for 2024: - Industrial drive: 298 million CNY (57.64%) - Energy generation: 121 million CNY (23.31%) - Petrochemicals: 44 million CNY (8.41%) - Shipping: 26 million CNY (4.93%) - Other: 30 million CNY (5.70%) [6]. Group 4: International Business - The company’s international business, including direct exports and domestic factory support, has been growing rapidly, with direct export revenue reaching 80.68 million CNY in 2024, a year-on-year increase of 27.87% [7]. - Major export markets include South Korea, India, Singapore, Germany, France, Italy, and Spain [7]. Group 5: Nuclear Power Sector - The company has developed high-reliability sliding bearings for the nuclear power sector, significantly increasing its orders in recent years [8]. Group 6: PEEK Material Bearings - The company has mastered the synthesis technology for PEEK material in sliding bearings, which offers superior properties such as high temperature resistance and self-lubrication [9]. Group 7: Future Development Plans - The company aims to enhance the reliability of industrial bearings over the next three years, focusing on technological innovation and new material applications to achieve significant advancements in energy saving and consumption reduction [9].

Industry Overview - The dynamic pressure oil film sliding bearing is widely used in high-end equipment across industries such as power, petrochemical, and metallurgy due to its excellent wear resistance, load capacity, and service life [1][12] - The market demand for dynamic pressure oil film sliding bearings is continuously increasing, driven by the rapid development of downstream industries, particularly in energy, transportation, metallurgy, and chemical sectors [1][12] - The market size of China's dynamic pressure oil film sliding bearing industry is projected to reach approximately 4.428 billion yuan in 2024, representing a year-on-year growth of 7.14% [1][12] Industry Development History - The development of China's dynamic pressure oil film sliding bearing industry has gone through three main stages: the initial stage from the mid-1950s to the late 1970s, the domestic production phase from the 1980s to the 1990s, and the industrialization phase from the early 21st century to the present [4][5] - The industry began with the successful trial production of the first oil film bearing in 1958, marking a significant leap from non-production to production capabilities [4] - The 21st century has seen a surge in demand for dynamic pressure oil film sliding bearings due to rapid advancements in industrial automation and energy generation [5] Industry Chain - The upstream of the dynamic pressure oil film sliding bearing industry includes raw materials and components such as special steel, alloy materials, and lubricants [8] - The midstream involves the production and manufacturing of dynamic pressure oil film sliding bearings [8] - The downstream applications span across energy generation, industrial drives, petrochemical, and shipbuilding industries [8] Current Industry Status - The sliding bearing market in China is expected to reach a production value of 20.61 billion yuan in 2024, with a year-on-year growth of 2.44% [10] - The automotive industry's recovery is injecting strong momentum into the sliding bearing market, with production and sales of automobiles projected to reach 31.282 million and 31.436 million units, respectively, in 2024, reflecting year-on-year growth of 3.7% and 4.5% [10] - The rapid development of wind power, aerospace, and engineering machinery further expands the application scenarios for sliding bearings [10] Key Enterprises - The competitive landscape of China's dynamic pressure oil film sliding bearing industry features leading enterprises like Chongde Technology, which holds 28 core technologies and leads 14 national standards [14] - Chongde Technology has gained recognition from international giants such as Siemens and GE, establishing a leading global market share [6] - Other notable companies include Shinke Co., Ltd. and Changsheng Bearings, which represent the fragmented competition in the mid-to-low-end market [14][17] Industry Development Trends - The industry is undergoing a high-end transformation driven by technological innovation, with companies focusing on breakthroughs in materials, lubrication, and manufacturing processes [19] - Market demand is increasingly concentrated in the fields of new energy and industrial upgrades, particularly in wind power and nuclear power sectors [21] - National policies supporting high-end equipment manufacturing are accelerating the integration of the industry, with a trend towards domestic substitution and increased industry concentration [22]

证券代码：301548 证券简称：崇德科技 公告编号：2025-039 湖南崇德科技股份有限公司 关于回购公司股份完成暨股份变动的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、误导 性陈述或重大遗漏。 湖南崇德科技股份有限公司（以下简称"公司"）于 2025 年 4 月 8 日召开了第二 届董事会第十二次会议，会议审议通过了《关于回购公司股份方案的议案》、《关 于授权管理层办理本次股份回购具体事宜的议案》，同意公司使用自有资金或自 筹资金以集中竞价交易的方式回购公司股份，用于实施股权激励计划或员工持股 计划。本次回购股份资金总额不低于人民币 2,000 万元且不超过人民币 4,000 万元，回购股份价格不超过人民币 76.75 元/股，回购期限自董事会审议通过回 购股份议案之日起不超过 12 个月。具体内容详见公司于 2025 年 4 月 9 日在巨潮 资讯网（www.cninfo.com.cn）披露的《第二届董事会第十二次会议决议公告》（公 告编号：2025-014）、《关于回购公司股份方案的公告》（公告编号：2025-015）。 截至本公告披露日，公司本次回购方案已实施完毕。 ...

Group 1 - Hunan Chongde Technology Co., Ltd. has signed a strategic cooperation agreement with GEVernona Inc. to supply 18 sets of synchronous compensators for major energy generation and grid stability projects in the Middle East [1][2] - The Middle East power equipment market is transitioning from traditional energy to renewable energy, presenting opportunities for Chinese companies to establish a dominant position [1][2] - Chongde Technology specializes in the research and manufacturing of sliding bearings, holding a significant position in the domestic bearing industry and recognized as a national-level "specialized and innovative" enterprise [1] Group 2 - The cooperation is part of GEVernona Inc.'s core energy transition plan with Saudi Electricity Company, focusing on voltage regulation and system stability to integrate more renewable energy [2] - Chongde Technology's sliding bearings are recognized for their high precision and reliability, marking the company's global competitiveness in high-end energy equipment components [2] - The Middle East is experiencing a notable trend towards renewable energy, with significant investments in solar, wind, hydrogen, and smart grid technologies [2]

Core Viewpoint - Hunan Chongde Technology Co., Ltd. has approved a share repurchase plan to enhance employee incentives and ownership, with a total repurchase amount between RMB 20 million and RMB 40 million, and a maximum repurchase price of RMB 76.75 per share [1][2] Summary by Sections Share Repurchase Plan - The company will use its own or self-raised funds to repurchase shares through centralized bidding, aimed at implementing an equity incentive plan or employee stock ownership plan [1] - The total amount for the share repurchase will not be less than RMB 20 million and not exceed RMB 40 million, with a repurchase price capped at RMB 76.75 per share, and the repurchase period will not exceed 12 months from the board's approval date [1] First Share Repurchase Details - The company has completed its first share repurchase, acquiring 106,200 shares, which represents 0.12% of the total share capital of 87 million shares as of June 13, 2025 [1] - The highest transaction price during this repurchase was RMB 47.10 per share, while the lowest was RMB 46.88 per share, with a total transaction amount of RMB 4,994,584 (excluding transaction fees) [1] Compliance and Future Actions - The share repurchase actions comply with the company's repurchase plan and relevant regulations, including the Shenzhen Stock Exchange's self-regulatory guidelines [2] - The company will continue to implement the repurchase plan based on market conditions and will fulfill its information disclosure obligations as required by laws and regulations during the repurchase period [2]

证券代码：301548 证券简称：崇德科技 公告编号：2025-038 湖南崇德科技股份有限公司 关于首次回购公司股份的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、误导 性陈述或重大遗漏。 湖南崇德科技股份有限公司（以下简称"公司"）于 2025 年 4 月 8 日召开了第二 届董事会第十二次会议，会议审议通过了《关于回购公司股份方案的议案》、《关 于授权管理层办理本次股份回购具体事宜的议案》，同意公司使用自有资金或自 筹资金以集中竞价交易的方式回购公司股份，用于实施股权激励计划或员工持股 计划。本次回购股份资金总额不低于人民币 2,000 万元且不超过人民币 4,000 万元，回购股份价格不超过人民币 76.75 元/股，回购期限自董事会审议通过回 购股份议案之日起不超过 12 个月。具体内容详见公司于 2025 年 4 月 9 日在巨潮 资讯网（www.cninfo.com.cn）披露的《第二届董事会第十二次会议决议公告》（公 告编号：2025-014）、《关于回购公司股份方案的公告》（公告编号：2025-015）。 根据《上市公司股份回购规则》《深圳证券交易所上市公司自律 ...

本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、误导 性陈述或重大遗漏。 湖南崇德科技股份有限公司（以下简称"公司"）于 2025 年 4 月 8 日召开了第二 届董事会第十二次会议，会议审议通过了《关于回购公司股份方案的议案》、《关 于授权管理层办理本次股份回购具体事宜的议案》，同意公司使用自有资金或自 筹资金以集中竞价交易的方式回购公司股份，用于实施股权激励计划或员工持股 计划。本次回购股份资金总额不低于人民币 2,000 万元且不超过人民币 4,000 万元，回购股份价格不超过人民币 76.75 元/股，回购期限自董事会审议通过回 购股份议案之日起不超过 12 个月。具体内容详见公司于 2025 年 4 月 9 日在巨潮 资讯网（www.cninfo.com.cn）披露的《第二届董事会第十二次会议决议公告》（公 告编号：2025-014）、《关于回购公司股份方案的公告》（公告编号：2025-015）。 根据《上市公司股份回购规则》《深圳证券交易所上市公司自律监管指引第 9 号——回购股份》等相关规定，公司在回购期间应当在每个月的前三个交易日 内公告截至上月末的回购进展情况。截至 2 ...