Core Viewpoint - The 21st China (Shanghai) International Foundry and Casting Exhibition will take place from December 2 to 4, 2025, at the Shanghai New International Expo Center, showcasing advancements in the foundry industry and providing a platform for over 1,000 companies and 30,000 professional visitors to engage in product procurement and technology exchange [3][5]. Group 1: Event Overview - The exhibition has been held since 2005 and has become a high-standard, professional, and authoritative brand event in the foundry industry, promoting innovation and green casting practices [3]. - The event will cover an exhibition area of 40,000 square meters, featuring over 1,000 foundry and related enterprises [3]. - The exhibition aims to help industry leaders understand global foundry trends and create a one-stop procurement platform for products, materials, and equipment [3]. Group 2: Previous Exhibition Review - The 20th exhibition attracted 859 companies and 27,695 attendees from 48 countries and regions, with domestic visitors numbering 24,432 and overseas visitors reaching 3,263, marking a 30.65% increase in overseas attendance compared to the previous year [5]. - The event included multiple technical seminars and online live broadcasts, engaging over 100,000 participants through digital platforms [5]. Group 3: Benefits of Participation - Companies will promote their core technologies to 30,000 professional users, enhancing brand exposure and procurement influence [6]. - Continuous services will be provided before, during, and after the event, including technical exchanges, high-end forums, and factory visits [6]. - Participants can engage in various activities such as keynote forums and roundtable discussions to gain insights from global industry experts [6]. Group 4: Exhibition Scope - The exhibition will feature a wide range of products including castings made from various materials such as steel, iron, and non-ferrous metals, as well as components for automotive, machinery, and other industries [8]. - It will also showcase casting equipment, post-processing equipment, and measurement and testing devices essential for the foundry industry [9][10]. - Additionally, a variety of casting materials will be presented, including alloys, refining agents, and refractory materials [11].

Core Viewpoint - Suzhou Mingzhi Technology Co., Ltd. reported a decline in revenue and sales in the first half of 2025, with a focus on high-end core technology in the casting industry and a commitment to innovation and green manufacturing practices [3][6][14]. Financial Performance - The company achieved operating revenue of CNY 252.04 million, a decrease of 14.76% compared to the same period last year [3]. - Total profit was CNY 47.19 million, down 1.03% year-on-year, while net profit attributable to shareholders increased by 2.20% to CNY 43.61 million [3][6]. - The net cash flow from operating activities surged by 341.78% to CNY 66.35 million [3]. Business Overview - The company operates in the high-end core equipment manufacturing and high-quality aluminum alloy casting sectors, focusing on providing efficient and intelligent casting solutions [6][8]. - The high-end core equipment business is categorized under general equipment manufacturing, while high-quality castings fall under the metal products industry [6][8]. Industry Context - The global aluminum alloy casting market is growing, with aluminum accounting for approximately 17% of total casting production [6]. - The casting industry in China is experiencing a shift towards low-carbon and green manufacturing practices, driven by national policies [5][6]. Technological Advancements - The company has developed a comprehensive core technology system in precision core casting and has established a strong market presence with its core equipment [15][16]. - The company is recognized as a national high-tech enterprise, focusing on innovation and the integration of advanced technologies in its production processes [14][16]. Market Position - The company competes with international brands and maintains long-term partnerships with major domestic enterprises, enhancing its market influence [15][16]. - The company’s products are exported to various countries, including France, Mexico, and Turkey, indicating its growing international presence [15][16].

Core Viewpoint - The company, Suzhou Mingzhi Technology Co., Ltd., is preparing for its 2025 annual shareholder meeting, focusing on its operational performance, strategic initiatives, and governance practices to enhance shareholder value and ensure compliance with regulations [1][2][3]. Meeting Preparation - The shareholder meeting is scheduled for May 23, 2025, at 14:30, with a combination of on-site and online voting methods [10][12]. - Only authorized personnel, including shareholders, directors, and legal representatives, are allowed to attend the meeting, ensuring order and compliance [2][4]. Operational Performance - In 2024, the company achieved sales of 225.31 million yuan, representing a year-on-year growth of 33.60% [9]. - The casting products generated sales of 373.33 million yuan, also showing significant growth [9][11]. Strategic Initiatives - The company is actively expanding into new product application areas and markets, particularly in the automotive parts sector, targeting both domestic and international clients [12]. - A major contract worth approximately 330 million yuan was secured for a precision core casting production line, indicating the company's technological advancements and market competitiveness [12]. Research and Development - The company has focused on innovation, with 32 new patents granted in 2024, including 7 invention patents [13]. - Continuous improvements in core technologies for casting processes have been emphasized, with a strong commitment to green and low-carbon development [16][18]. Governance and Compliance - The board of directors has been actively engaged in overseeing company operations, with multiple meetings held to ensure compliance with legal and regulatory requirements [36][37]. - The company has maintained transparency in its operations, with a commitment to timely and accurate information disclosure to protect shareholder interests [38][39]. Future Outlook - The company aims to enhance its casting technology and equipment, focusing on green and intelligent manufacturing to meet increasing environmental standards [40]. - There is a strategic emphasis on developing high-performance aluminum alloy castings for emerging industries, including new energy and aerospace [18][19].

摘要：铸钢件是通过铸造工艺生产的钢制零件或组件，指将熔化的钢水倒入模具中，经冷却凝固后形成的具有一定形状和尺寸的钢制产品。中国是全球最大 的铸件生产国，铸件产量长期位居世界第一。随着铸造业的发展，大型铸钢件被广泛应用机械设备制造行业，尤其是制造业、能源、轨道交通等下游行业需 求旺盛，大型铸钢件是国家制造业发展水平的重要标志。近年来，受环保政策、经济结构调整等因素影响，铸钢件产量增速有所放缓，但高端铸件占比逐步 提升。2023年我国铸钢件产量为635万吨。绿色铸造、智能制造等技术的推广提高生产效率，支撑产量增长，2024年我国铸钢件产量约695万吨。 | 、正人权力关 | | --- | | 二、行业政策 … | | 1、主管部门及监管体制 | | 2、相关政策 - | | 三、行业壁垒 . | | 1、规模经济壁垒。 | | 2、技术壁垒 1 | | 3、资金壁垒 … | | 4、行业准入壁 | | 四、产业链 | | 1、行业产业链分析 | | 2、行业领先企业分析 - | | (1) 中信重工机械股份有限公司 - | | （2）太原重工股份有限公司 - | | 五、行业现状 . | | 六、发展因素 | ...