Core Viewpoint - Jingzhuan Technology announced a cash dividend distribution plan for the first half of 2025, indicating a commitment to returning value to shareholders [2] Group 1: Dividend Announcement - The company will distribute a cash dividend of 0.35 RMB per 10 shares (including tax) [2] - The record date for the dividend is set for October 15, 2025 [2] - The ex-dividend date is scheduled for October 16, 2025 [2]

Core Points - The company Pacific Precision Forging Technology announced an adjustment to the maximum repurchase price for its shares, changing it from 12.96 CNY per share to 12.93 CNY per share, effective from October 16, 2025 [1][4]. Summary by Sections Repurchase Plan Review - On November 4, 2024, the company held its fifth board meeting and subsequently convened a special shareholders' meeting on November 22, 2024, to approve a share repurchase plan. The plan involves using self-owned funds and bank loans to repurchase shares through centralized bidding, aimed at reducing registered capital and implementing an employee stock ownership plan or equity incentive. The total repurchase amount is set between 100 million CNY and 200 million CNY, with a maximum repurchase price of 13.00 CNY per share, to be executed within 12 months from the approval date [2]. Reason for Adjustment - The adjustment in the repurchase price is linked to the company's semi-annual equity distribution plan for 2025, which involves distributing 0.35 CNY per 10 shares to all shareholders, totaling approximately 20.15 million CNY. The record date for the equity distribution is October 15, 2025, and the ex-dividend date is October 16, 2025. The repurchase price must be adjusted accordingly if any ex-dividend events occur during the repurchase period [3]. Adjustment Details - The maximum repurchase price has been adjusted from 12.96 CNY per share to 12.93 CNY per share, calculated by subtracting approximately 0.0344 CNY from the previous price. This adjustment follows the relevant regulations [4]. Other Notes - Aside from the adjustment in the maximum repurchase price, all other aspects of the share repurchase plan remain unchanged. The company will fulfill its information disclosure obligations in a timely manner during the repurchase period [5].

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。 特别提示： 1、调整前回购股份价格上限：12.96元/股 证券代码：300258 证券简称：精锻科技 公告编号：2025-101 江苏太平洋精锻科技股份有限公司 关于2025年半年度权益分派实施后调整回购价格上限的公告 本次权益分派股权登记日为2025年10月15日，除权除息日为2025年10月16日。 本次权益分派实施后，每股现金红利=本次现金分红总额÷总股本（含回购专用证 券账户持有股份）=20,148,095.87元÷585,047,243股≈0.0344384元/股（以截至2025年9 月29日公司总股本585,047,243股，剔除公司已回购股份9,387,361股为基数，共派发现 金=（585,047,243股-9,387,361股）×0.035元/股=20,148,095.87元）。本次权益分派实施 后除权除息参考价=股权登记日收盘价-0.0344384元/股，具体内容详见公司在巨潮资讯 网（www.cninfo.com.cn）披露的《2025年半年度权益分派实施公告》（公告编号：2025-100） ...

证券代码：300258 证券简称：精锻科技 公告编号：2025-100 江苏太平洋精锻科技股份有限公司 2025年半年度权益分派实施公告 2、公司回购专用证券账户中的股份不参与分红。 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。 特别提示： 1、截至 2025 年 9 月 29 日，江苏太平洋精锻科技股份有限公司（以下简称"公 司"）总股本为 585,047,243 股，其中公司回购专用证券账户中的股份 9,387,361 股不 参与本次权益分派，因而剔除公司回购专用账户中的股份数量后，公司本次利润分 配的总股本基数为 575,659,882 股。 2、本次权益分派实施按公司总股本（含回购专用证券账户持有股份）折算每 10 股现金分红（含税）=本次实际现金分红总额÷公司总股本（含回购专用证券账户持 有股份）×10 股=20,148,095.87 元÷585,047,243 股×10 股≈0.344384 元（含税，保留到 小数点后六位，最后一位直接截取，不四舍五入）。 3、本次权益分派实施后的除权除息参考价格=股权登记日股票收盘价-按公司总 股本（含回购专用 ...

Company Overview - Jiangsu Pacific Precision Forging Technology Co., Ltd. is located in Jiangyan District, Taizhou, Jiangsu Province, established on December 9, 1992, and listed on August 26, 2011. The company specializes in automotive differential bevel gears, transmission gears, axle components, electronic differential lock gears, synchronizer rings, clutch drive hubs, parking gears, electric motor shafts and assemblies for new energy vehicles, and high-end agricultural machinery gears [1]. Financial Performance - As of June 30, 2025, the company reported a revenue of 987 million yuan, a year-on-year decrease of 2.00%, and a net profit attributable to shareholders of 60.60 million yuan, down 35.23% year-on-year [2]. - The company has distributed a total of 604 million yuan in dividends since its A-share listing, with 181 million yuan distributed over the past three years [3]. Stock Performance - The stock price of Pacific Precision Forging has increased by 77.32% year-to-date, with a recent decline of 1.56% over the last five trading days, an increase of 8.26% over the last 20 days, and a 21.28% increase over the last 60 days [1]. - As of September 26, the stock was trading at 15.73 yuan per share, with a market capitalization of 9.203 billion yuan [1]. Shareholder Information - As of June 30, 2025, the number of shareholders increased by 11.35% to 33,700, with an average of 15,351 circulating shares per shareholder, a decrease of 6.79% [2]. - The second-largest circulating shareholder is Yongying Advanced Manufacturing Smart Selection Mixed Fund A, holding 23.14 million shares, while Qianhai Kaiyuan Jiaxin Mixed Fund A is the ninth-largest, holding 2.43 million shares, both being new shareholders [3]. Industry Classification - The company belongs to the automotive industry, specifically in the automotive parts sector, focusing on chassis and engine systems. It is associated with concepts such as reducers, automotive lightweighting, humanoid robots, automotive parts, and Tesla [2].

Market News - The three major US stock indices closed lower, with the Dow Jones down 0.38%, Nasdaq down 0.5%, and S&P 500 down 0.5%, marking the third consecutive day of decline [1] - Oracle fell over 5%, Tesla dropped over 4%, and Meta decreased over 1%, while Intel surged nearly 9% and Apple rose over 1% [1] - The Nasdaq China Golden Dragon Index increased by 0.42%, with most Chinese concept stocks rising, including NIO, Xpeng Motors, and Bilibili, which all gained over 4% [1] - International precious metal futures generally rose, with COMEX gold futures up 0.33% at $3780.5 per ounce and COMEX silver futures at $45.47 per ounce [1] - International oil prices fluctuated slightly, with WTI crude oil up 0.35% at $65.22 per barrel and Brent crude oil up 0.42% at $68.75 per barrel [1] Industry Insights - Changjiang Storage Technology Co., Ltd. completed its shareholding reform, with a valuation exceeding 160 billion yuan, and has established a collaborative industrial ecosystem covering flash memory manufacturing, wafer foundry, packaging testing, industrial investment, and innovation incubation [2] - The current price surge in the memory market is driven by demand from cloud service providers (CSPs), with a projected increase in capital expenditure of $18 billion for the 2025 fiscal year, boosting AI-related storage needs [2] - The DRAM price index has risen approximately 72% over the past six months, with expectations for enterprise-level storage prices to increase in Q4 [2] - The digital RMB international operation center officially commenced operations, aiming to improve the global cross-border payment system with a focus on "no loss, compliance, and interoperability" [3] - The global retail cross-border payment market is projected to reach $39.9 trillion by 2024 and grow to $65 trillion by 2032, with B2B payments dominating the market [3] - The largest humanoid robot training facility in China has opened in Beijing, expected to accelerate the evolution of humanoid robots and support their application in various industries [4] - The humanoid robot industry is anticipated to enter a critical growth phase by 2025, driven by advancements in component performance and cost reduction [4][5]

Market News - US stock indices collectively declined, with the Dow Jones down 0.38%, Nasdaq down 0.5%, and S&P 500 down 0.5%, marking the third consecutive trading day of decline [1] - Oracle fell over 5%, Tesla dropped over 4%, and Meta decreased over 1%, while Intel surged nearly 9% and Apple rose over 1% [1] - International precious metal futures generally rose, with COMEX gold futures up 0.33% at $3780.5 per ounce and COMEX silver futures at $45.47 per ounce [1] - International oil prices fluctuated slightly, with WTI crude oil up 0.35% at $65.22 per barrel and Brent crude oil up 0.42% at $68.75 per barrel [1] - European stock indices closed slightly lower, with Germany's DAX down 0.56%, France's CAC40 down 0.41%, and the UK's FTSE 100 down 0.39% [1] Industry Insights - Changjiang Storage Technology Holdings Co., Ltd. completed its shareholding reform, with a valuation exceeding 160 billion yuan, and has established a collaborative industrial ecosystem covering various sectors [2] - The current price surge in the memory market is driven by demand from cloud service providers, with a projected increase in capital expenditure by $18 billion for the 2025 fiscal year, boosting AI-related storage needs [2] - The DRAM price index has risen approximately 72% in the past six months, with expectations for enterprise-level storage prices to increase in Q4 [2] - The digital RMB international operation center has officially launched, aiming to improve the global cross-border payment system, with a projected global retail cross-border payment market size of $39.9 trillion by 2024 [3] - The largest humanoid robot training facility in China has opened in Beijing, expected to accelerate the evolution of humanoid robots and support the development of a trillion-dollar industry [4][5] - The humanoid robot industry is anticipated to enter a critical growth phase by 2025, with significant increases in domestic robot shipments expected [5]

证券代码：300258 证券简称：精锻科技 编号：2025-099 江苏太平洋精锻科技股份有限公司 关于 2023 年员工持股计划第二个锁定期届满的提示性公告 二、本员工持股计划第二个锁定期考核情况及后续安排 （一）公司层面业绩考核情况 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、误导性陈述或者重大遗漏。 江苏太平洋精锻科技股份有限公司（以下简称"公司"）于 2023 年 8 月 9 日召 开了第四届董事会第十六次会议和第四届监事会第十二次会议，并于 2023 年 8 月 28 日召开 2023 年第一次临时股东大会，审议通过了《关于<江苏太平洋精锻科技股份 有限公司 2023 年员工持股计划（草案）>及其摘要的议案》等相关议案，同意公司 实施 2023 年员工持股计划（以下简称"本员工持股计划"），同时股东大会授权董事 会办理与本员工持股计划相关的事宜。具体内容详见公司分别于 2023 年 8 月 11 日 和 2023 年 8 月 28 日刊登在中国证监会指定信息披露网站上的相关公告。 公司本员工持股计划所持有的公司股票第二个锁定期已于 2025 年 9 月 21 日届 满， ...

Group 1 - The company, Precision Forging Technology, stated on September 19 that it typically discloses customer information in regular reports [1] - If the company establishes business cooperation with new clients and there are no strict confidentiality agreements, it will disclose relevant information in regular reports [1]

Investment Rating - The report maintains a "Buy" rating for the company [5][11]. Core Views - The company has shown steady performance in the first half of 2025, with a focus on developing cycloidal reducers and collaborating with various companies in fields such as humanoid robots, robotic dogs, exoskeletons, and dexterous hands [2][11]. - The target price is set at 23.64 CNY, reflecting a 47 times PE ratio for 2025, based on the company's robust earnings forecast [11]. Financial Summary - Total revenue is projected to grow from 1,946 million CNY in 2023 to 4,201 million CNY by 2027, with a compound annual growth rate (CAGR) of approximately 19.2% [4][12]. - Net profit attributable to shareholders is expected to increase from 182 million CNY in 2023 to 669 million CNY in 2027, with significant growth rates, particularly a 76.9% increase in 2024 [4][12]. - Earnings per share (EPS) is forecasted to rise from 0.21 CNY in 2023 to 0.78 CNY in 2027 [4][12]. Market Data - The company's market capitalization is approximately 14,996 million CNY, with a current share price of 17.44 CNY [6][5]. - The stock has shown a 52-week price range of 6.92 CNY to 19.00 CNY, indicating significant volatility and potential for growth [6]. Industry Position - The company is positioned in the transportation equipment and consumer discretionary sectors, with a focus on high-precision planetary and cycloidal reducers [5][11]. - The automotive and aerospace sectors are identified as key growth areas, with ongoing projects with major industry players [11].