Core Viewpoint - The document outlines the regulations and guidelines for the behavior of controlling shareholders and actual controllers of Jiangsu Leili Electric Motor Co., Ltd., aiming to enhance corporate governance and ensure the company's healthy development [2][3]. General Principles of Behavior Norms - Controlling shareholders and actual controllers must comply with laws, regulations, and the company's articles of association, exercising shareholder rights without harming the interests of the company and other shareholders [5][6]. - They are required to disclose their identities and responsibilities transparently, avoiding any concealment of their status [6][7]. - There is an obligation to cooperate with the company's information disclosure and insider information management [4][8]. Commitment and Good Faith in Exercising Control - Controlling shareholders and actual controllers must fulfill their commitments and take effective measures to ensure compliance, avoiding any unilateral changes or cancellations of commitments [10][11]. - They are responsible for maintaining the company's asset integrity and independence, ensuring no adverse impact from their other business activities [12][13]. Independence of Company Operations - Controlling shareholders and actual controllers must not interfere with the company's independent operations, including personnel, financial, and business independence [19][20]. - They are prohibited from engaging in unfair related transactions or competing with the company in a way that could harm its interests [20][21]. Share Trading Regulations - When trading company shares, controlling shareholders and actual controllers must adhere to legal and regulatory disclosure obligations [26][27]. - Specific restrictions apply to share reductions under certain conditions, such as ongoing investigations or significant stock price declines [30][31]. Information Disclosure Management - A robust information disclosure management system must be established, detailing the processes for reporting significant information and ensuring confidentiality [38][39]. - Controlling shareholders and actual controllers must promptly inform the company of any significant changes that could impact stock trading [39][40].

General Provisions - The purpose of the rules is to standardize the appointment process for directors and senior management, enhance the decision-making function of the board, and improve corporate governance structure [1] - The Nomination Committee is a specialized working body established by the board, responsible for proposing selection criteria and procedures for directors and senior management [1][2] Composition of the Committee - The Nomination Committee consists of three directors, with a majority being independent directors [2] - The chairperson of the committee must be an independent director and is responsible for leading the committee's work [2][3] Responsibilities and Authority - The main responsibilities of the Nomination Committee include researching selection criteria for directors and senior management, identifying qualified candidates, and making recommendations to the board [4][5] - The committee is accountable to the board and must submit all research and discussion materials in the form of reports and recommendations [4][5] Working Procedures - The committee must actively communicate with relevant departments to assess the company's needs for new directors and senior management [5] - A thorough vetting process for candidates is required, including gathering detailed information on their professional background and obtaining their consent for nomination [5][6] Meeting Rules - Meetings of the Nomination Committee should be convened as needed, with prior notification and provision of relevant materials to all members [6] - A quorum for meetings requires the presence of at least two-thirds of the members, and decisions must be approved by a majority [6][7] Coordination and Communication - During board recess, the committee can submit written reports on significant matters through the board secretary [7] - Any written reports submitted to the committee by senior management must be signed by the general manager or responsible senior management personnel [7][8] Supplementary Provisions - The rules will be implemented following approval by the board and will be modified as necessary [8] - In case of any discrepancies between these rules and national laws or the company's articles of association, the latter will prevail [8]

Core Viewpoint - The document outlines the external investment management measures of Jiangsu Leili Electric Motor Co., Ltd., aiming to standardize investment behavior, mitigate risks, and enhance investment efficiency in accordance with relevant laws and regulations. Group 1: General Principles - The purpose of the external investment management measures is to regulate the company's investment activities, prevent investment risks, and improve investment efficiency based on the Company Law and other relevant regulations [1] - External investment refers to the company's activities to invest monetary funds, equity, or assessed physical or intangible assets for future returns, including establishing subsidiaries, increasing investments, joint ventures, mergers, and financial assistance [1] Group 2: Investment Categories and Approval Authority - External investments are categorized into long-term and short-term investments, with short-term investments being those that can be liquidated within one year, while long-term investments are those that cannot be liquidated within that timeframe [2] - Investments that meet certain thresholds, such as asset totals exceeding 50% of the company's audited total assets, require board approval and must be submitted to the shareholders' meeting for review [7] - For transactions involving assets totaling over 10% of the company's audited total assets, board approval and timely disclosure are required [8] Group 3: Decision-Making and Management Structure - The decision-making bodies for external investments include the shareholders' meeting, board of directors, and the general manager, with no other departments or individuals authorized to make investment decisions [12] - The board's Strategic and Sustainable Development Committee is responsible for evaluating major investment projects, including feasibility and risk assessments [6] - The finance department manages the financial aspects of external investments, ensuring that investment budgets are integrated into the overall business budget [16] Group 4: Investment Procedures - Short-term investment decisions involve the finance director pre-selecting investment opportunities based on profitability, followed by a structured approval process [19] - Long-term investment projects require a feasibility study and must be approved by the general manager or higher authorities depending on the investment size [22] - Contracts for long-term investments must be reviewed by legal advisors and approved by authorized decision-making bodies before signing [25] Group 5: Ongoing Management and Disclosure - The board of directors is responsible for regularly monitoring the progress and effectiveness of major investment projects, addressing any deviations from planned investments [29] - The general manager oversees the daily management of external investment projects, ensuring that the company's interests are maintained [30] - The company must comply with legal and regulatory requirements for information disclosure related to external investments [36]

Group 1 - Jiangte Electric (002176) is planning a change in control, which may lead to a shift in its actual controller [1][2][4] - The company's largest shareholder, Jiangte Electric Group, holds 14.12% of the shares, and there have been rumors about potential acquisitions by BYD [1][3][5] - Jiangte Electric has faced financial pressure, with a reported cash balance of 714 million yuan and interest-bearing liabilities of 1.507 billion yuan as of Q1 2025 [2][6] Group 2 - The company has experienced significant operational challenges, with consecutive losses expected in 2023 and 2024, primarily due to declining lithium carbonate prices [1][9] - Jiangte Electric's revenue peaked in 2021 and 2022, with revenues of 2.982 billion yuan and 6.572 billion yuan, respectively, but has since faced a downturn [8][9] - The market is hopeful that a new controlling shareholder will bring positive changes and help the company overcome its operational difficulties [10]

今年以来，山西税务部门不折不扣落实党中央、国务院关于落实好结构性减税降费政策决策部署，着力 推动政策红利精准快速直达经营主体。今年1—5月，现行支持科技创新和制造业发展的主要政策减税降 费及退税达59.37亿元。其中，高新技术企业减按15%税率征收企业所得税等支持培育发展高新技术企 业和新兴产业的政策减税20.44亿元；先进制造业企业增值税加计抵减等支持制造业高质量发展的政策 减税降费及退税34.32 亿元。 "税务部门不仅为我们进行了'税收体检'、出具了报告，还专门组建服务团队上门解读。"李卫阳表示， 这种精细化的服务为企业规范纳税管理、精准把控政策要求提供了极大帮助。 "税惠春风"吹拂 数实融合进程逐步向好 技术创新是企业向绿而行、高质量发展的动力源泉。 "税收体检"把脉 服务智能设备制造加速冲刺 流水线上机械臂舞动，平均每两分钟就有一台崭新的新能源汽车驶下生产线，在山西吉利汽车部件有限 公司的智慧工厂里，晋中市最大的制造业企业正开足马力奔向千亿级产业目标。 "在企业发展的关键节点，税务部门退税减税的'礼包'不断，有力地支持了我们的创新与发展。"山西吉 利汽车部件有限公司总经理李卫阳拿着刚收到的《税收体检 ...

Market Overview - The high-performance low-voltage servo motor market is segmented by product types and applications, with growth trends projected from 2020 to 2031 [2][3] - The market is categorized into three power ranges: below 500W, 500-1500W, and above 1500W [2][3] - Key applications include industrial automation, medical, food processing, and robotics [3] Industry Development Status - The overall development of the high-performance low-voltage servo motor industry is analyzed, highlighting key characteristics and influencing factors [3][4] - Favorable factors for industry growth include technological advancements and increasing automation demand, while unfavorable factors may include market competition and regulatory challenges [3][4] - Barriers to entry in the industry are discussed, indicating challenges for new entrants [3] Supply and Demand Analysis - Global supply and demand trends for high-performance low-voltage servo motors are forecasted from 2020 to 2031, including production capacity, output, and utilization rates [4][5] - The report provides insights into the production and market demand in China, emphasizing its significant share in the global market [4][5] Regional Market Analysis - The market size and growth trends for high-performance low-voltage servo motors are analyzed across major regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa [4][5] - Sales revenue and market share projections for these regions are provided for the years 2020 to 2031 [4][5] Competitive Landscape - The competitive landscape of the global market is assessed, detailing market share and sales performance of major manufacturers from 2020 to 2025 [5][6] - The report includes a ranking of leading manufacturers by revenue in 2024, highlighting their market positions [5][6] Product Type and Application Analysis - Sales and revenue trends for different product types and applications of high-performance low-voltage servo motors are forecasted from 2020 to 2031 [6][7] - The report emphasizes the importance of understanding market dynamics across various applications to identify growth opportunities [6][7] Industry Trends and Drivers - Key trends driving the high-performance low-voltage servo motor industry include increasing automation, technological advancements, and growing demand in various sectors [7][8] - A SWOT analysis of Chinese enterprises in the industry is included, providing insights into their strengths, weaknesses, opportunities, and threats [7][8] Supply Chain Analysis - The supply chain of the high-performance low-voltage servo motor industry is outlined, detailing key raw materials, suppliers, and downstream customers [8][9] - The report discusses procurement and production models, as well as sales channels within the industry [8][9] Manufacturer Profiles - Detailed profiles of major manufacturers in the high-performance low-voltage servo motor market are provided, including their production bases, sales regions, and competitive positioning [9][10] - Each profile includes product specifications, sales performance, and recent developments for manufacturers like ABB, Yaskawa, Siemens, and others [9][10]

Group 1 - The core viewpoint of the article highlights the strategic expansion of Nidec's home appliance division (ACIM) in response to geopolitical tensions and the necessity for global business diversification [2] - Nidec's home appliance and automotive division (AAD) is a significant business unit, accounting for approximately 40% of the group's total sales [2] - Nidec emphasizes that its overseas strategy is not new, having operated in this manner for decades, and evaluates potential markets based on factors such as market potential, proximity to key customers, supply chain efficiency, and regulatory environment [2][3] Group 2 - The newly inaugurated industrial park in Qingdao is designed to enhance close collaboration with customers, allowing for better understanding of their needs and quicker responses [3] - Nidec is exploring new growth avenues in AI and robotics, addressing the challenge of integrating traditional home appliances with AI technologies [3] - In the robotics sector, Nidec offers products like gear reducers and servo motors, while in the AI domain, it provides thermal solutions to tackle heat management issues associated with AI development [3] - For the fourth quarter of fiscal year 2024, Nidec reported net sales of approximately 2.6 trillion yen, reflecting an 11.1% year-on-year increase, and an operating profit of 240.2 billion yen, up 48.4% year-on-year [3]

Group 1 - The company has acquired 49% equity of its subsidiary Guangdong Fengxin Electric Co., Ltd. for 6.6615 million RMB, making it a wholly-owned subsidiary [1] - The acquisition was approved during the 26th meeting of the second board of directors held on June 9, 2025 [1] - Following the acquisition, the company has completed the necessary business registration changes, including the renaming of Guangdong Fengxin to Guangdong Sifang Fengxin Electromechanical Co., Ltd. [1] Group 2 - The new business license has been issued by the Dongguan Market Supervision Administration, confirming the completion of the equity transfer and company name change [1] - The registered capital of the newly named company is 10 million RMB, and it was established on October 31, 2018 [1] - The business scope includes manufacturing and sales of fans, motors, power electronic components, and various other products and services [1]

Core Viewpoint - The A-share market showed a mild performance on July 17, with the Shanghai Composite Index fluctuating around 3500 points and the ChiNext Index rising over 1% [1][4]. A-share Market Summary - The Shanghai Composite Index was at 3506.94, up 0.09% [5]. - The ChiNext Index reached 2255.36, with a gain of 1.13% [5]. - The Shenzhen Component Index increased by 0.87% to 10813.75 [5]. - Notable sectors performing well included telecommunications, electronics, and retail, while public utilities and transportation lagged [5]. Individual Stock Performance - Several stocks experienced consecutive trading halts, with Upway New Materials achieving a 250% cumulative increase over seven trading days [1][9]. - Upway New Materials reported significant trading anomalies, with a closing price of 23.24 yuan per share and a P/E ratio of 105.71, significantly higher than the industry average of 23.78 [11]. - Lansheng Co. also saw a continuous rise, with a warning about potential risks due to rapid price increases [13]. - Other companies like Lisheng Pharmaceutical and Lianfa Co. reported similar trading halts and risk warnings [14]. Hong Kong Market Summary - The Hong Kong market exhibited a stable performance, with the Hang Seng Index at 24534.84, up 0.07% [17]. - Notable gainers included Nongfu Spring and Geely Automobile, while Baidu and New Oriental saw declines [17]. - Blueport Interactive surged over 40% after announcing the establishment of a new division focused on Web3 and digital assets [20]. Corporate Announcements - Dechang Motor Holdings announced the establishment of two joint ventures with Shanghai Mechanical and Electrical Co., focusing on humanoid robot solutions, with a registered capital of 75 million yuan for each venture [23].

Core Viewpoint - Ningbo Dechang Electric Motor Co., Ltd. is planning to issue A-shares to specific investors in 2025, with adjustments made to the fundraising amount and investment projects based on the company's current situation [1][12]. Group 1: Meeting Details - The first extraordinary general meeting of shareholders for 2025 is scheduled for July 23, 2025, at 14:00 in Ningbo, Zhejiang Province [4]. - The meeting will include procedures such as sign-in, introduction of attendees, reading of meeting rules, and voting on various proposals [4][5]. Group 2: Proposals for A-Share Issuance - The proposal for the issuance of A-shares has been revised, with the total fundraising amount adjusted to not exceed 154,031.30 million yuan, which will be allocated to specific investment projects [8][11]. - The company plans to invest in projects including the production line for automotive steering and braking system motors, with total investment amounts specified for each project [9][10]. Group 3: Adjustments to Company Structure - Following the implementation of the profit distribution and capital reserve transfer plan for 2024, the total number of shares has increased from 372,360,800 to 484,069,040, necessitating amendments to the company's articles of association [18]. - The registered capital has also been updated to reflect the new total number of shares [18]. Group 4: Voting and Decision-Making - The proposals require a special resolution, needing approval from more than two-thirds of the voting rights held by attending shareholders [11][17]. - The voting process will involve designated representatives and legal oversight to ensure transparency and compliance [3][9].