一、《公司章程》修订案 序号 公司章程原条款 修订后条款 司 简称 法》 规定，制订本章程。 称"公司"） 。 司"） 代表人辞任的，公司将在法定代表人辞任之 日起三十日内确定新的法定代表人。 合法权益，规范公司的组织和行为，根 的合法权益，规范公司的组织和行为，根据 据《中华人民共和国公司法》（以下简 《中华人民共和国公司法》 （以下简称《公 称《公司法》）、《中华人民共和国证券 法》）、《中华人民共和国证券法》（以下 （以下简称《证券法》 ）和其他有关 《证券法》 ）和其他有关规定，制定本章程。 有关规定成立的股份有限公司（以下简 规定成立的股份有限公司（以下简称" 公 公司经烟台市体改委烟体改字199316 公司经烟台市体改委烟体改字199316 号文 号文批准，以定向募集方式设立；在山 批准，以定向募集方式设立；在山东省工商 东省工商行政管理局注册登记，取得营 行政管理局注册登记，取得营业执照。公司 业 执 照 。 营 业 执 照 号 ： 统一社会信用代码：913700001650810568。 长辞任的，视为同时辞去法定代表人。法定 民事活动，其法律后果由公司承受。 本章程或者股东会对法定代表人职权 ...

Core Viewpoint - The company Jinzhitech (002090) confirmed that its electrical automation quick-cut devices are used in some nuclear power plants, but these applications do not involve controllable nuclear fusion [1] Group 1 - The company has engaged in the development of electrical automation quick-cut devices [1] - The application of these devices is specifically noted in certain nuclear power plants [1] - There is a clear distinction made that the technology does not pertain to controllable nuclear fusion [1]

Core Insights - In May 2025, the A-share market performed well, with major indices rising and over 70% of stocks increasing in value, indicating a positive market sentiment and active institutional research activities [1][2] Group 1: Institutional Research Activities - Over 900 A-share listed companies were researched by institutions in May 2025, with more than 20 companies receiving over 5 research visits each [3] - Dazhu Laser was a notable focus, receiving over 10 research visits, with institutions including public funds and brokerages participating [3] - Zhou Dasheng also had over 10 research visits, with 33 investors participating in a site visit on May 27, highlighting the interest in the company's AI initiatives and digital upgrades [4] Group 2: Industry Preferences - The electronics industry was the most favored, with 119 companies undergoing institutional research in May 2025, followed by the machinery equipment sector with 112 companies [6] - Other industries such as pharmaceuticals, basic chemicals, computers, electric equipment, and automobiles also had over 50 companies researched, indicating strong institutional interest [6] - Conversely, industries like oil and petrochemicals, beauty care, construction materials, real estate, banking, and non-bank financials were less favored, with fewer than 10 companies receiving institutional research [6]

Core Viewpoint - The company, Jicheng Electronics, has been selected as one of the candidates for multiple procurement projects by the State Grid Corporation of China, with a total bid amount of approximately 113 million yuan, which represents 4.36% of the company's projected revenue for 2024 [1] Group 1 - The company is a candidate for the 16th batch of procurement for digital projects and the 31st batch for marketing projects by the State Grid Corporation of China for 2025 [1] - The company has won bids for a total of 8 packages in these procurement projects [1] - The successful execution of these contracts is expected to have a positive impact on the company's operating performance [1]

Group 1: Company Research - Huichuan Technology attracted 321 institutions for research, including 68 fund companies and 30 securities firms, focusing on its automation business and market share in servo systems, inverters, and small PLC products in China [1] - The company is actively developing components for humanoid robots and providing scenario-based products and solutions for manufacturing and factory operations [1] - Huichuan Technology's M&A strategy focuses on automation, precision machinery, industrial software, new energy, and upstream and downstream industry chains to build and enhance its industrial ecosystem [1] Group 2: Other Companies - Fuchuang Precision is addressing performance pressure by increasing domestic and international production capacity, high-end talent acquisition, strategic material procurement, and R&D investment, expecting improved profitability as capacity is released [2] - Bozhong Precision has shifted focus from consumer electronics to the new energy vehicle sector and high-end semiconductor equipment, aiming for diversified development in multiple sectors [2] - Xiamen Tungsten sees a positive long-term market outlook for tungsten due to limited new supply, while molybdenum prices have slightly decreased due to mining companies prioritizing high-grade copper production [2] Group 3: ST Stocks - 25 ST stocks were actively researched, with significant price increases, including *ST Jieneng and *ST Hengjiu, which saw gains exceeding 10% [3] - The surge in ST stocks is attributed to recent restructuring regulations, with expectations for continued small-cap market activity and enhanced market vitality through mergers and acquisitions [3] - *ST Hengjiu plans to focus on its main business and seek strategic transformation through mergers and acquisitions to enhance its capital structure and company quality [3] Group 4: Major Asset Restructuring - *ST Nanzhi is in the planning stage for a major asset restructuring, involving the transfer of real estate development assets and liabilities to its controlling shareholder [4] - *ST Haiyuan's controlling shareholder plans to transfer shares, which would change the actual controller of the company [4]

Group 1 - The core point of the article highlights that 汇川技术 (Inovance Technology) has become the most researched stock by institutions in the past week, with 321 institutions participating in the research, including 68 fund companies and 30 securities firms [1] - The company reported strong market shares in its automation business, particularly in servo systems, variable frequency drives, and small PLC products in the Chinese market [1] - 汇川技术 is actively developing components related to humanoid robots, including motors, drives, and actuator modules, while providing scenario-based products and solutions based on actual customer needs in manufacturing and factory operations [1] Group 2 - In terms of mergers and acquisitions, the company focuses on investments that are highly synergistic with its main business in automation, precision machinery, industrial software, and new energy, aiming to build and enhance its industrial ecosystem [1] - The company plans to expand its capital expenditure around three main businesses, with a stable dividend policy over the past decade, proposing a cash dividend of 4.2 yuan per 10 shares for 2024, totaling 667 million yuan, which accounts for 38.59% of the projected net profit [3] - Future mergers and acquisitions will focus on strengthening, supplementing, and extending the industrial chain, particularly in the tungsten and rare earth sectors over the next 1 to 3 years [3] Group 3 - The article also mentions that the ST (Special Treatment) stocks have gained significant attention, with 25 ST stocks being researched in the past week, and some stocks experiencing price increases of over 10% [5] - The recent restructuring regulations have positively impacted small and medium-sized companies, particularly those focused on new productive forces, enhancing their performance elasticity and valuation [5] - Specific ST stocks, such as *ST 恒久 and *ST 亚太, have indicated plans to focus on their main businesses and seek strategic breakthroughs through mergers and acquisitions [5][6]

Core Viewpoint - The company plans to repurchase and cancel a total of 222,784 restricted stocks that have been granted but not yet released from restrictions, involving 7 individuals, and adjust the repurchase prices accordingly [1][2][3] Group 1: Repurchase Details - The repurchase involves 132,864 shares at a price of 3.22 CNY per share and 89,920 shares at a price of 2.56 CNY per share plus interest from bank deposits [1][9] - The total amount allocated for the repurchase is approximately 670,532.23 CNY, funded entirely by the company's own resources [12] Group 2: Performance Assessment - Six individuals from the first grant of restricted stocks received a performance assessment grade of C, leading to the decision to repurchase their unvested shares [2][9] - One individual from the reserved grant was transferred to another company, prompting the repurchase of their unvested shares [9][14] Group 3: Price Adjustment - The repurchase price for the first grant of restricted stocks was adjusted to 3.22 CNY per share due to the company's annual profit distribution plan, which includes a cash dividend of 1.4 CNY per 10 shares [10][11] - The repurchase price for the reserved grant was adjusted to 2.56 CNY per share, reflecting the company's dividend distribution and interest calculations [12][11] Group 4: Corporate Governance - The board of directors and the supervisory board approved the repurchase and cancellation of the restricted stocks, ensuring compliance with relevant laws and regulations [14][15] - Independent financial advisors and legal opinions confirmed that the repurchase and price adjustment processes adhered to legal requirements and did not harm the interests of the company or its shareholders [15][17]

国电南自（600268）公告，公司拟以自有资金对全资子公司南京国电南自轨道交通工程有限公司增资 4500万元。增资前南自轨道注册资本为5500万元，增资后将增至1亿元。本次增资旨在提高南自轨道的 抗风险能力及核心竞争力，满足市场开拓需要。增资事项已经公司2025年第一次临时董事会会议审议通 过，不构成关联交易或重大资产重组。南自轨道2024年营业收入3.62亿元，净利润3085.28万元。 ...

General Provisions - The purpose of the guidelines is to regulate the work behavior of the president and other senior management of Shenzhen Invt Electric Co., Ltd., ensuring they perform their duties in accordance with relevant laws and the company's articles of association [1][2] - The president and senior management must act faithfully and diligently to protect the company's interests within the scope of authority granted by the articles of association or the board of directors [1][2] Authority and Appointment Procedures - The company has one president with a term of three years, who can be reappointed. The president is recommended by the chairman and appointed or dismissed by the board of directors [2][3] - The president has various responsibilities, including managing production and operations, implementing board resolutions, and proposing the appointment or dismissal of vice presidents and financial officers [2][3] President's Working Mechanism - The president's decision-making is primarily conducted through the president's office meetings, which discuss and decide on operational matters [2][3] - The president is responsible for the decisions made in these meetings, and other attendees have rights to suggest, inquire, and vote [2][3] Reporting Responsibilities - The president must submit an annual written report to the board of directors covering business operations, financial status, and market development [5][6] - The president is required to report any significant incidents or major contractual matters to the board promptly [5][6] Miscellaneous Provisions - Any matters not covered by these guidelines will follow relevant national laws and regulations [7] - The board of directors is responsible for interpreting and revising these guidelines, which take effect upon approval [7]

Core Points - The document outlines the management and confidentiality of insider information for Shenzhen Invt Electric Co., Ltd, ensuring fair and just information disclosure to protect the rights of investors and stakeholders [1][2][3] - Insider information is defined as information that has not been publicly disclosed and could significantly impact the company's operations, finances, or stock prices [1][2] - The document establishes a framework for identifying and managing individuals who have access to insider information, including company executives, major shareholders, and relevant personnel [2][3][4] Insider Information Management - The company must maintain accurate and complete records of insider information and the individuals who are privy to it, with the board secretary responsible for this task [3][4] - Individuals with insider information must confirm their knowledge and the company must report this information to the stock exchange within five trading days after the information is publicly disclosed [3][4] - The document mandates that all relevant parties, including shareholders and service institutions, must cooperate in maintaining accurate insider information records [4][5] Confidentiality and Accountability - Individuals with insider information are obligated to keep it confidential and are prohibited from trading based on this information or disclosing it to others [6][7] - The company must refuse any unreasonable requests for insider information from major shareholders or actual controllers [6][7] - In cases of information leakage or abnormal stock price fluctuations, the company is required to disclose relevant information immediately [6][7] Record Keeping and Compliance - Insider information records and significant event memoranda must be maintained for at least ten years [6][7] - The document specifies that any violations of the insider information management rules may result in penalties, including legal action against those involved [7][8] - The company reserves the right to pursue accountability for any damages caused by unauthorized disclosure of insider information [8][10]