答:目前公司暂无股权激励计划。公司始终重视核心团队与长期价值的绑定，后续如实施股权激励，将 严格按照相关规则及要求履行决策程序和信息披露义务。 格隆汇12月16日丨常友科技(301557.SZ)在投资者关系中表示，有被问到:公司未来是否有股权激励计 划？ ...

Group 1 - The core viewpoint of the article is that Changyou Technology (SZ 301557) has a significant revenue concentration in the wind power industry, accounting for 97.12% of its total revenue for the year 2024 [1] - As of the latest update, Changyou Technology has a market capitalization of 6.7 billion yuan [2] - The company is actively engaging with investors, as evidenced by a recent investor meeting held on December 16, 2025, where the chairman Liu Wenye addressed questions from participants [1]

Group 1: Company Development and Strategy - The company is actively exploring opportunities in new fields such as drones, humanoid robots, and aerospace, with a focus on research and application of drone technology [2][3] - The company has invested its own funds in industry funds, targeting the humanoid robot supply chain and new materials and energy sectors [3] - The company aims to diversify the application of composite materials in the aerospace sector and will steadily implement plans based on market opportunities [3] Group 2: Financial Management and Capital Allocation - The company monitors cash flow closely and optimizes fund allocation to balance capital expansion, market development, and daily operational funding needs [4] - The company plans to enhance the efficiency of marketing strategies to improve the return on investment in market expansion [4] - The company will actively explore financing channels to meet operational and developmental funding requirements [4] Group 3: Financing and Shareholder Considerations - If capital expansion is needed in the future, the company will prioritize diversified financing methods to match different stages of funding needs [5] - Key considerations for adjusting share capital include financing costs, impact on existing shareholders, company valuation, and alignment with strategic goals [5] - The company emphasizes maintaining long-term shareholder interests when selecting financing tools and optimizing capital structure [5] Group 4: Corporate Governance and Future Plans - Currently, the company does not have a stock incentive plan but values the binding of core teams to long-term value [6] - The company remains focused on deepening its main business technology and exploring emerging fields, with careful decision-making on major projects [6] - Any future mergers or acquisitions will be disclosed in accordance with regulations [6]

Core Viewpoint - The company announces the departure of core technical personnel, Wan Huirong, due to personal reasons, and confirms that this change will not adversely affect its core technologies and ongoing R&D projects [1] Group 1: Personnel Changes - Wan Huirong has left the company and will no longer hold any position or be recognized as core technical personnel [1] - He indirectly held 286,000 shares through Changzhou Jun Chuang Enterprise Management Consulting Co., accounting for 0.65% of the company's total share capital [1] - The company has arranged for relevant personnel to take over his responsibilities, ensuring a smooth transition [1] Group 2: Impact on Operations - The departure of Wan Huirong is not expected to impact the company's existing core technologies and R&D project operations [1] - The company has established a comprehensive R&D management system and intellectual property protection management system [1] - The change in core technical personnel is not anticipated to have a significant adverse effect on the company [1]

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。 公司已安排相关人员接替万慧荣先生所负责的相关工作，并已实现平稳交接、 过渡。万慧荣先生离职后不会影响公司现有核心技术及研发项目工作的开展。根 据公司与万慧荣先生签署的相关保密协议，其在离职后仍对其接触、知悉的公司 保密信息负有保密义务。公司通过长期的技术积累和发展，已建立了完善的研发 管理体系和知识产权保护管理体系，具备与公司发展需求相匹配的人力资源储备、 培养和引进机制。本次核心技术人员的变动不会对公司的核心竞争力和持续经营 能力产生重大不利影响。 一、核心技术人员离职的具体情况 江苏常友环保科技股份有限公司（以下简称"公司"）于近日收到核心技术 人员万慧荣先生的辞职申请，万慧荣先生因个人原因，与公司协商一致解除劳动 关系，离职后万慧荣先生在公司及子公司将不再担任任何职务，不再被认定为公 司核心技术人员。公司及董事会对万慧荣先生任职期间内为公司发展所作出的努 力和贡献表示衷心感谢。 截至本公告披露日，万慧荣先生通过常州君创企业管理咨询有限公司间接持 有公司 286,000 股，占公司总股本的 0.65%。 二、 ...

Core Viewpoint - The wind power equipment sector experienced a slight increase of 0.35% on November 25, with Changyou Technology leading the gains. The Shanghai Composite Index rose by 0.87%, while the Shenzhen Component Index increased by 1.53% [1]. Group 1: Market Performance - The closing price of Changyou Technology was 119.79, with a rise of 3.14% and a trading volume of 8029 lots, amounting to approximately 95.93 million yuan [1]. - Other notable performers included Zhonghuan Hailu, which closed at 22.61 with a 2.31% increase, and He Wang Electric, which closed at 28.78, up by 1.73% [1]. - The overall trading volume and turnover for the wind power equipment sector showed varied performance, with some stocks experiencing significant increases while others faced declines [2]. Group 2: Capital Flow - The wind power equipment sector saw a net outflow of 225 million yuan from institutional investors, while retail investors contributed a net inflow of approximately 76.99 million yuan [2]. - Notable stocks with significant capital inflow included Riyue Co., which had a net inflow of 11.69 million yuan from institutional investors, and Tongyu Heavy Industry, which saw a net inflow of 10.93 million yuan [3]. - Conversely, stocks like Changyou Technology experienced a net outflow of 1.89 million yuan from retail investors, indicating mixed investor sentiment within the sector [3].

Market Overview - The wind power equipment sector experienced a decline of 0.86% on November 20, with Changyou Technology leading the drop [1] - The Shanghai Composite Index closed at 3931.05, down 0.4%, while the Shenzhen Component Index closed at 12980.82, down 0.76% [1] Stock Performance - Notable gainers in the wind power equipment sector included: - Delijia (603092) with a closing price of 75.27, up 8.54% and a trading volume of 123,800 shares, totaling 918 million yuan [1] - Feiwo Technology (301232) closed at 50.70, up 2.47% with a trading volume of 49,600 shares, totaling 252 million yuan [1] - Electric Wind Power (688660) closed at 16.09, up 1.45% with a trading volume of 207,100 shares, totaling 332 million yuan [1] - Conversely, Changyou Technology (301557) saw a significant decline of 6.30%, closing at 119.53 with a trading volume of 21,400 shares, totaling 264 million yuan [2] Capital Flow - The wind power equipment sector experienced a net outflow of 295 million yuan from institutional investors, while retail investors saw a net inflow of 238 million yuan [2] - The capital flow for key stocks showed: - Delijia had a net inflow of 114 million yuan from institutional investors, while retail investors had a net outflow of 33.97 million yuan [3] - Feiwo Technology had a net inflow of 27.58 million yuan from institutional investors, with retail investors experiencing a net outflow of 40.12 million yuan [3]

Group 1 - The company Changyou Technology announced a joint investment with professional investment institutions to establish a venture capital partnership named Changzhou Zhirong Wenzai Fucheng Venture Capital Partnership (Limited Partnership) [2] - The total subscribed capital from all partners amounts to RMB 22 million, with the company contributing RMB 5 million, representing a 22.73% stake in the fund [2] - The fund will be managed by Zhirong Private Fund Management (Nanjing) Co., Ltd., and the investment decision falls within the approval authority of the company's general manager's office, thus not requiring board or shareholder approval [2]

Core Viewpoint - Changyou Technology (301557.SZ) plans to invest in a partnership to establish a venture capital fund focusing on the humanoid robotics industry and new materials and energy sectors [1] Investment Details - The total committed capital from all partners amounts to RMB 22 million, with the company contributing RMB 5 million, representing a 22.73% stake in the fund [1] - The fund will be managed by Zhirong Private Fund Management (Nanjing) Co., Ltd [1] Investment Focus - The fund will primarily invest in upstream and downstream enterprises related to the humanoid robotics industry chain and new materials and energy, aligning with national industrial policies [1] - Idle funds of the partnership may be used for purchasing government bonds and other legally compliant bank or securities financial products [1]

Core Viewpoint - Changyou Technology (301557.SZ) plans to invest in a partnership focused on the humanoid robot industry and new materials and energy sectors, with a total commitment of RMB 22 million [1] Investment Details - The company will contribute RMB 5 million, representing a 22.73% stake in the partnership [1] - The total capital commitment from all partners amounts to RMB 22 million [1] - The fund will be managed by Zhirong Private Fund Management (Nanjing) Co., Ltd [1] Investment Focus - The fund will primarily invest in unlisted companies within the humanoid robot industry chain and upstream and downstream enterprises related to new materials and energy [1] - Idle funds from the partnership may be used for purchasing government bonds and other legally compliant financial products [1]