Group 1 - The company has approved a share repurchase plan using its own funds, with a total repurchase amount between RMB 50 million and RMB 100 million, and a maximum repurchase price of RMB 40 per share [2] - The repurchase period is set for 12 months from the date of the shareholders' meeting that approved the plan [2] - The maximum repurchase price was adjusted to RMB 39.25 per share following the company's annual equity distribution [3] Group 2 - As of July 31, 2025, the company has repurchased a total of 1,600,500 shares, representing 0.99% of the total share capital, with a total expenditure of approximately RMB 53.34 million [4] - The highest repurchase price recorded was RMB 34.64 per share, while the lowest was RMB 30.17 per share [4] - The company will continue to make repurchase decisions based on market conditions and will fulfill its information disclosure obligations [5]

根据中国证券监督管理委员会于 2023 年 9 月 6 日出具的《关于同意苏州西典新 能源电气股份有限公司首次公开发行股票注册的批复》 `证券代码：603312 证券简称：西典新能 公告编号：2025-051 苏州西典新能源电气股份有限公司 关于部分募集资金投资项目结项并注销募集资金专项 账户的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： ? 苏州西典新能源电气股份有限公司（以下简称"公司"）首次公开发行股票 募集资金投资项目（以下简称"募投项目"）"年产 800 万件动力电池连接系统扩 建项目"已完成建设并投产，公司对该募投项目进行结项，并注销募集资金专项账 户。 ? 公司首次公开发行股票募集资金投资项目"补充流动资金项目"的募集资金 已经按照相关规定支取使用完毕，该募集资金专项账户不再使用并注销。 一、募集资金基本情况 （证监许可〔2023〕2064 号）， 并经上海证券交易所同意，公司首次公开发行人民币普通股 40,400,000 股，每股面 值为人民币 1.00 元，发行价格为每股人民币 29. ...

Group 1 - The company expects to achieve a net profit attributable to shareholders of the parent company between 137.5 million and 143 million yuan for the first half of 2025, representing an increase of 45.83 million to 51.33 million yuan compared to the same period last year, which is a year-on-year increase of 50% to 56% [1][2] - The expected net profit attributable to shareholders of the parent company, after deducting non-recurring gains and losses, is projected to be between 50.1 million and 51.3 million yuan, reflecting a year-on-year increase of 48% to 55% [1][2] - The previous year's net profit attributable to shareholders of the parent company was 91.67 million yuan, with a total profit of 104.48 million yuan [2] Group 2 - The main reasons for the significant increase in performance for the first half of 2025 include the advancement of new technology product development projects, continuous strengthening of customer cooperation, and the ramp-up of production capacity for designated projects, leading to a year-on-year increase in main business revenue [2]

Group 1 - The legal opinion letter is issued by Grandall Law Firm (Suzhou) regarding the second extraordinary general meeting of shareholders of Suzhou Xidian New Energy Electric Co., Ltd. scheduled for July 10, 2025 [1][2] - The meeting will be conducted in a hybrid format, combining on-site attendance and online voting through the Shanghai Stock Exchange's voting system [3][4] - A total of 81 shareholders and their proxies attended the meeting, representing 109,080,000 shares, which accounts for 67.5% of the company's total shares [4][5] Group 2 - The meeting's agenda included proposals to cancel the supervisory board and amend the company's articles of association, as well as to approve investments in establishing overseas subsidiaries and a production base in Thailand [5] - The voting process was conducted in accordance with relevant laws and regulations, ensuring the legality and validity of the meeting's resolutions [5]

Core Viewpoint - The company, Suzhou Xidian New Energy Electric Co., Ltd., has announced the use of part of its temporarily idle raised funds to purchase financial products, aiming to enhance the efficiency of fund utilization and increase returns for the company and its shareholders [1][2]. Group 1: Financial Management - The company has entrusted Suzhou Bank with an amount of RMB 30 million for the purchase of a structured deposit product, which has a term of 2 months and 24 days [1][2]. - The company has redeemed a previous structured deposit product, returning the principal and interest to the raised funds account, with a total redemption amount of RMB 3,000 million and actual earnings of RMB 101,093 [2][3]. - The company plans to use up to RMB 400 million of temporarily idle raised funds for cash management, ensuring that it does not affect the operational needs and safety of the funds [1][8]. Group 2: Investment Purpose and Strategy - The purpose of the entrusted financial management is to improve the efficiency of the raised funds, ensuring that the investment projects are not affected while increasing returns for the company and its shareholders [2][4]. - The company has established a clear approval process for cash management, ensuring that the funds are invested in low-risk, high-liquidity products [1][8]. Group 3: Financial Performance Indicators - As of March 31, 2025, the company's total assets were approximately RMB 2.86 billion, with total liabilities of about RMB 1.10 billion and net assets of around RMB 1.76 billion [7]. - The company reported a net cash flow from operating activities of approximately RMB -89.73 million for the period ending March 31, 2025 [7]. - The company has utilized RMB 130.78 million in cash management over the past 12 months, with a total return of RMB 588.76 million, representing 2.58% of the net profit for the last year [8].

Summary of Key Points Core Viewpoint - The shareholder Changjiang Chenda has completed a share reduction plan, selling a total of 1,615,700 shares of Suzhou Xidian New Energy Electric Co., Ltd., which represents approximately 0.9998% of the company's total share capital, reducing its stake from 4.5% to 3.5% [1][2][3] Group 1: Shareholder Information - Before the reduction plan, Changjiang Chenda held 7,272,000 shares, accounting for 4.5% of the total share capital [1] - The shares were acquired prior to the company's initial public offering (IPO) and were fully released from restrictions on January 13, 2025 [1] Group 2: Reduction Plan Implementation - The reduction plan was first disclosed on March 12, 2025, with a maximum intended reduction of 1,616,000 shares, not exceeding 1% of the total share capital [1] - The actual reduction occurred between April 3, 2025, and July 2, 2025, through centralized bidding [2] - The reduction price ranged from 34.12 to 41.66 yuan per share, totaling approximately 60,842,297.74 yuan [2] Group 3: Current Shareholding Status - Following the reduction, Changjiang Chenda currently holds 5,656,300 shares, which is 3.5% of the total share capital [2] - The actual reduction was consistent with the previously disclosed plan, and the plan was not terminated early [3]

Core Viewpoint - The internal audit system of Suzhou Xidian New Energy Electric Co., Ltd. aims to enhance internal control, improve management, and increase economic efficiency by establishing clear responsibilities and procedures for internal auditing [2][12]. Internal Audit Institution and Personnel - The company has established an internal audit department responsible for supervising the implementation of internal control systems and ensuring the authenticity and completeness of financial information [3][4]. - The internal audit department operates independently and reports to the audit committee, ensuring no interference from the finance department [3][4]. - The head of the internal audit department is a full-time position nominated by the chairman and accountable to the board of directors [3][4]. Responsibilities and Authority of the Internal Audit Department - The internal audit department is tasked with auditing the completeness, legality, and effectiveness of internal control systems, financial reports, and related economic activities [4][5]. - The department must submit an annual audit work plan and report to the audit committee within specified timeframes [5][6]. - The internal audit department has the authority to request relevant financial documents, attend significant management meetings, and report major issues directly to the board of directors [5][6]. Audit Work Procedures - The internal audit process includes obtaining evidence, documenting findings, and communicating with the audited departments [6][7]. - Internal audit personnel must ensure that the evidence collected is sufficient, relevant, and reliable, maintaining clear records of their work [7][8]. Evaluation of Internal Control - The internal audit department is required to evaluate the effectiveness of internal controls annually and report findings to the audit committee [8][9]. - Any significant deficiencies or risks identified during audits must be reported promptly to the audit committee, which may require disclosure to the stock exchange [9][10]. Rewards and Penalties - The internal audit department can recommend rewards for departments or individuals who perform exceptionally well in executing the internal audit system [10][11]. - Violations of the internal audit regulations can lead to disciplinary actions, including economic penalties or criminal charges for serious offenses [10][11].

Core Points - Suzhou West Deane New Power Electric Co., Ltd. was established as a joint-stock company in accordance with Chinese laws and regulations, with a registered capital of RMB 161.6 million [2][4] - The company received approval from the China Securities Regulatory Commission to issue 40,400,000 shares of common stock, which will be listed on the Shanghai Stock Exchange on January 11, 2024 [1][5] - The company's business scope includes the design and production of electromechanical equipment and components, as well as providing related technical services [3][4] Company Structure - The company is a permanent joint-stock company, with all assets divided into equal shares, and shareholders are liable only to the extent of their subscribed shares [2][4] - The legal representative of the company is the chairman, who is responsible for civil activities conducted in the company's name [2][4] - The company has a total of 161.6 million shares, all of which are common stock, with a par value of RMB 1 per share [4][5] Share Issuance and Management - The issuance of shares follows principles of openness, fairness, and justice, ensuring equal rights for all shares of the same category [4][5] - The company is prohibited from providing financial assistance for the purchase of its shares, except under specific conditions approved by the shareholders' meeting [5][6] - The company must disclose the total amount of shares and the conditions for new share issuance, including pricing and subscription dates [6][21] Shareholder Rights and Responsibilities - Shareholders have rights to dividends, voting, and participation in company management, as well as obligations to comply with laws and regulations [10][12] - Shareholders holding more than 5% of voting shares must report any pledges of their shares to the company [14][43] - The company must maintain transparency and provide timely information to shareholders regarding significant events and decisions [12][39] Governance and Meetings - The company holds annual and temporary shareholder meetings, with specific procedures for calling and conducting these meetings [53][54] - Shareholders can propose agenda items for meetings, and the company must provide adequate notice of meeting details [63][66] - The board of directors is responsible for ensuring the orderly conduct of shareholder meetings and addressing any disruptions [69][70]

Key Points - The company has adjusted the maximum repurchase price from RMB 40 per share to RMB 39.25 per share due to the implementation of the 2024 annual profit distribution [1][3] - The adjustment will take effect on June 5, 2025, which is the ex-dividend date for the 2024 annual profit distribution [1][3] - The total amount for the repurchase will be no less than RMB 50 million and no more than RMB 100 million [3][4] - The repurchase shares are intended for cancellation and reduction of registered capital [1][2] - The company will repurchase approximately 1,273,885 to 2,547,770 shares, representing about 0.79% to 1.58% of the current total share capital [3]

Core Viewpoint - Suzhou Xidian New Energy Electric Co., Ltd. plans to implement a differentiated dividend distribution for the fiscal year 2024, following a share buyback program and in compliance with relevant regulations [1][4]. Summary by Sections 1. Reasons for Differentiated Dividend - The company held a board meeting on July 12, 2024, approving a share buyback plan using part of the raised funds, with a total buyback amount between RMB 55 million and RMB 110 million, at a maximum price of RMB 40 per share, within a 12-month period [1]. 2. Share Buyback Details - As of September 6, 2024, the company completed the buyback of 4,060,213 shares, representing 2.51% of the total share capital, with a total expenditure of approximately RMB 109.98 million [2]. - On September 12, 2024, the company approved another buyback plan with a budget of RMB 50 million to RMB 100 million, with shares transferred to an employee stock ownership plan [2]. 3. Dividend Distribution Plan - The company plans to distribute a cash dividend of RMB 7.7 per 10 shares, totaling approximately RMB 120.77 million, based on the adjusted total share capital after excluding shares in the buyback account [3][4]. 4. Impact on Share Price - The reference price for ex-dividend trading is calculated based on the previous closing price minus the cash dividend, with minimal impact on the reference price due to the buyback shares not participating in the dividend distribution [5]. 5. Verification by Sponsor Institution - Huatai United Securities confirmed that the differentiated dividend distribution complies with relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders [6].