Core Viewpoint - The company, Changzhou Langbo Sealing Technology Co., Ltd., anticipates a significant increase in net profit for the first half of 2025, projecting a rise of over 50% compared to the same period last year [2][4]. Group 1: Performance Forecast - The company expects a net profit attributable to shareholders of the parent company to be between 18 million to 20 million yuan, an increase of 5.96 million to 7.96 million yuan, representing a year-on-year growth of 49.51% to 66.12% [2][4]. - The projected net profit, excluding non-recurring gains and losses, is estimated to be between 17.2 million to 19.2 million yuan, reflecting an increase of 6.8862 million to 8.8862 million yuan, which corresponds to a year-on-year increase of 66.77% to 86.16% [2][4]. Group 2: Previous Year’s Performance - In the first half of 2024, the total profit was approximately 13.9 million yuan, with a net profit attributable to shareholders of the parent company at around 12.04 million yuan [6]. - The net profit, after excluding non-recurring gains and losses, was about 10.31 million yuan [6]. Group 3: Reasons for Performance Increase - The company has been expanding its customer base in the new energy vehicle sector, leading to a growth in order volume, particularly in the sales of O-rings and shaft seals, which has driven an increase in revenue [8]. - Enhanced management practices, increased investment in automation equipment, and improvements in production processes have contributed to higher overall production efficiency and an increase in gross profit margin [8].

Group 1 - The company held its 29th meeting of the third board of directors on July 8, 2025, via electronic communication, with all 7 directors present, confirming the legality and validity of the meeting [2][4]. - The board approved the proposal for the early redemption of "Quanfeng Convertible Bonds" due to the stock price being above 130% of the conversion price for 15 consecutive trading days from June 12 to July 8, 2025 [3][16]. - The company will redeem all registered "Quanfeng Convertible Bonds" at face value plus accrued interest, and the management is authorized to handle all related matters [3][16]. Group 2 - The "Quanfeng Convertible Bonds" were issued on September 14, 2021, with a total amount of RMB 620 million and a maturity of 6 years, featuring a tiered interest rate structure [9][10]. - The bonds became convertible into A-shares starting March 22, 2022, with an initial conversion price of RMB 23.03 per share, which has been adjusted multiple times due to various corporate actions [11][12][14]. - The redemption clause allows the company to redeem the bonds if the stock price remains above 130% of the conversion price for at least 15 trading days [15].

Core Points - The company announced the early redemption and delisting of its convertible bonds, "Guan Sheng Convertible Bonds" [1][4][15] Redemption Details - Redemption registration date is set for July 28, 2025 [2] - Redemption price is 100.4537 CNY per bond [9] - Redemption payment date is July 29, 2025 [13] - Last trading day for the bonds is July 23, 2025 [2][14] Conversion and Trading Information - The last conversion date for the bonds is also July 28, 2025 [3] - Investors can either trade the bonds in the secondary market or convert them at a price of 16.41 CNY per share [4][5] - The company triggered the conditional redemption clause due to the stock price exceeding 130% of the conversion price for 15 consecutive trading days [5][7] Tax Implications - Individual investors are subject to a 20% tax on interest income from the bonds, resulting in a net redemption amount of 100.3630 CNY per bond after tax [10][11] Post-Redemption Actions - Following the redemption, the bonds will be delisted from the Shanghai Stock Exchange on July 29, 2025 [15]

点击上图▲立即收听 " 国际社会对特朗普的谈判套路越来越熟悉，难以再被轻易裹挟。 " 文 / 巴九灵（微信公众号：吴晓波频道） "本来觉得90天过了就能尘埃落定，结果又要延迟，根本不知道什么时候才能安心。" 一家主要向欧美市场出口五金件的老板语气透露着疲惫——过去半年，为了应对美国对中国的关税，他在东南亚追加了产能，从国内带去很多设备 和老师傅。结果，特朗普开始严打转口贸易，连完全在东南亚生产的产品，也要加征关税。 他表示，几位同行已经在讨论怎么开拓美国以外的市场了，"特朗普老是变来变去对我们影响真的太大了。" 时间拨回美东时间7月7日，也就是我们的凌晨，对等关税90天暂缓期到期前两天。 特朗普发布致日本首相和韩国总统的 信函，表示 将对来自日本和韩国的进口商品加征25%的关税。 特朗普发给韩国（左）和日本（右）的信函 两封信函除了开头的"收信人"，内容几乎一模一样，像极了过年时收到的群发短信，没有诚意且生疏。 随后，特朗普又陆续公布了美国对其他12国的关税税率，均从8月1日起执行，除了日本和韩国，还有哈萨克斯坦、马来西亚、突尼斯的25%；南 非、波黑的30％；印尼的32%；孟加拉国、塞尔维亚的35%；泰国、 ...

Group 1 - The law firm Shanghai Tongli Law Firm has been commissioned by Suzhou Shangsheng Electronics Co., Ltd. to provide legal opinions regarding the company's first extraordinary general meeting of shareholders in 2025 [2][3] - The legal opinions focus on the procedures for convening and holding the meeting, the qualifications of attendees, and the voting procedures and results, without commenting on the content of the proposals [3][4] - The meeting will be held on July 8, 2025, at the company's office in Suzhou, with both on-site and online voting options available [4][5] Group 2 - A total of 50 shareholders and their representatives participated in the meeting, representing a significant number of voting shares [6] - The voting results showed overwhelming support for the proposals, with the first proposal regarding the issuance of convertible bonds receiving 99.8679% approval from attending shareholders [7][8] - The voting results for the proposals were consistently high, indicating strong shareholder support for the company's strategic direction [23][24] Group 3 - The meeting included multiple proposals related to the issuance of convertible bonds, with all proposals receiving over 99% approval from shareholders [23][24][25] - The company also discussed its future three-year shareholder return plan, which was approved with similar overwhelming support [30][31] - The legal opinions confirm that the meeting's procedures, qualifications of attendees, and voting results comply with relevant laws and the company's articles of association [31]

Core Viewpoint - The company, Hengli Industrial Development Group Co., Ltd., is facing legal challenges related to construction contract disputes, which may impact its financial performance in the future [1][4]. Summary by Sections 1. Basic Information of the Lawsuit - The company and its wholly-owned subsidiary, Yueyang Hengli Auto Parts Co., Ltd., were sued by Hunan Fangyuan Architectural Engineering Design Co., Ltd. and Hunan Pioneer Construction Engineering Co., Ltd. due to construction contract disputes [1]. 2. Judgment Details - **Case One**: The court ordered the subsidiary to pay design fees of 459,246.15 yuan and overdue payment penalties based on the Loan Prime Rate (LPR) from September 27, 2024, until payment is made. The subsidiary must also pay engineering fees totaling 37,645,448.5 yuan, with the design company having priority in claims against the project [1][2]. - **Case Two**: The company is required to refund a deposit of 5,500,000 yuan and associated costs, with interest calculated at an annual rate of 12% from December 16, 2021, until actual payment is made [2][3]. 3. Financial Implications - The company acknowledges that the ongoing litigation may have uncertain impacts on its current and future profits, pending the outcome of the appeals process [4]. 4. Other Legal Matters - As of the announcement date, there are no undisclosed litigation or arbitration matters involving the company or its subsidiary [3]. 5. Stock Market Status - The company's stock entered a delisting preparation period on June 25, 2025, with the last trading date expected to be July 15, 2025, after which the stock will be delisted [4].

董事会公告 证券代码:002048 证券简称:宁波华翔 公告编号:2025-054 宁波华翔电子股份有限公司 本公司全体董事、监事、高级管理人员保证公告内容真实、准确和完整，并对 公告中的虚假记载、误导性陈述或者重大遗漏承担责任。 特别提示： 本公司股份 1,098,000 股不享有参与利润分配的权利。 总额÷总股本×10，即 381,172,772.22 元÷813,833,122 股×10=4.683672 元（结 果取小数点后六位，不四舍五入）。 一、股东大会审议通过利润分配预案的情况 按 总 股 本 折算 的 每 股 派 发 现 金 股利 金 额 =本 次 权 益 分派 股 权 登记 日 收 盘 价 - 宁波华翔电子股份有限公司（以下简称"公司"）2024 年年度权益分派方案已 获 2025 年 5 月 23 日召开的 2024 年年度股东大会审议通过。现将权益分派事宜公 告如下： 新总股本 813,833,122 股为基数，每 10 股派发现金股利 4.69 元（含税）。如在实 施权益分派的股权登记日前公司总股本发生变动的，拟维持每股分配金额不变，相 应调整分配总额。 开展回购计划，截止本公告披露日 ...

Group 1 - The company announced the resignation of non-independent director Cai Qingming due to personal reasons and governance structure adjustments [1][2] - Cai Qingming's resignation will not affect the number of board members or the normal operation of the board, and he has confirmed no disagreements with the board [1] - Cai Qingming held 1,624,050 shares, representing a certain percentage of the company's total equity, and has complied with relevant regulations regarding shareholding [2] Group 2 - The company expressed gratitude for Cai Qingming's contributions during his tenure, highlighting his diligence and commitment to the company's stable development [2]

General Principles - The purpose of the external investment management system is to standardize the external investment behavior of the company, improve investment efficiency, mitigate risks, and maximize the time value of funds [1] - External investment refers to the company's activities of investing monetary funds, equity, and assessed physical or intangible assets for future returns [1] - The basic principles of external investment include compliance with national laws and regulations, alignment with the company's development strategy, and a focus on risk management to ensure the safe operation of funds [1] Approval Authority - The company implements a professional management and hierarchical approval system for external investments [2] - The decision-making bodies for external investments include the shareholders' meeting, board of directors, and investment decision-making group, with no other departments or individuals authorized to make investment decisions [2][3] - Prior to decisions on external investments, relevant departments must provide feasibility reports and related materials to the investment decision-making group, board of directors, and shareholders' meeting [2] Organizational Management - The board of directors, shareholders' meeting, and chairman's office are responsible for decision-making on external investments, while the general manager is the main person responsible for project implementation [3] - The finance department manages daily financial operations related to external investments, including funding arrangements and compliance with borrowing and payment procedures [3] - The legal department is responsible for the legal review of agreements, contracts, and important correspondence related to external investments [3] Approval Procedures - Investment projects within the board's approval authority must be reviewed by the board's strategic committee before being submitted for board approval [4] - For projects requiring shareholders' meeting approval, they must first be approved by the board before being presented to the shareholders' meeting [4] - After approval, the chairman or authorized representative signs the investment contracts or agreements [4] Monitoring and Management - The company must strengthen management and supervision of investments to prevent risks and ensure the preservation and appreciation of investment assets [5] - The management team is responsible for organizing and managing the operation of investment projects [5] - The finance department must track the progress and safety of investment projects and report any unusual situations promptly [5] Investment Documentation Management - All documents related to external investments, including contracts, resolutions, and agreements, must be securely stored and managed by designated personnel [6] - Unauthorized personnel are prohibited from accessing or copying investment-related documents [6] Miscellaneous - Any matters not covered by this system should be executed in accordance with relevant laws, regulations, and the company's articles of association [7] - The system will take effect after being approved by the shareholders' meeting and will be revised as necessary [7]

2025 年 07 月 09 日 开源晨会 0709 ——晨会纪要 沪深300 及创业板指数近1年走势 -16% 0% 16% 32% 48% 64% 2024-07 2024-11 2025-03 沪深300 创业板指 晨 会 纪 数据来源：聚源 昨日涨跌幅前五行业 | 行业名称 | 涨跌幅(%) | | --- | --- | | 通信 | 2.892 | | 电力设备 | 2.303 | | 电子 | 2.272 | | 建筑材料 | 2.125 | | 传媒 | 1.730 | | 数据来源：聚源 | | 昨日涨跌幅后五行业 | 行业名称 | 涨跌幅(%) | 行业公司 | | --- | --- | --- | | 公用事业 | -0.374 | | | 银行 | -0.243 | -20250708 | | 家用电器 | 0.215 | | | 交通运输 | 0.223 | | | 医药生物 | 0.307 | | | 数据来源：聚源 | | | 吴梦迪（分析师） wumengdi@kysec.cn 证书编号：S0790521070001 观点精粹 总量视角 【宏观经济】工业生产趋缓，地产成交趋弱 ...