北京市君泽君（上海）律师事务所 关于 青岛豪江智能科技股份有限公司 之 法律意见书 上海市浦东新区杨高南路729号陆家嘴世纪金融广场1号楼40层, 邮编：200127 电话(Tel): (021)6106 0889 传真(Fax): (021) 6106 0890 网址(Web): https://www.junzejun.com 法律意见书 | | 目 录 | | --- | --- | | | 法律意见书 | | | 释 义 | | | 本法律意见书中，除非文义另有所指，下列词语或简称具有以下含义： | | 公司、豪江智能 | 指 青岛豪江智能科技股份有限公司 | | 本次股权激励计 | 青岛豪江智能科技股份有限公司 2025 年限制性股 | | 指 | | | 划、本激励计划 | 票激励计划 | | 《激励计划（草 | 《青岛豪江智能科技股份有限公司 2025 年限制性 | | 指 | | | 案）》 | 股票激励计划（草案）》 | | | 《青岛豪江智能科技股份有限公司 2025 年限制性 | | 《考核办法》 | 指 | | | 股票激励计划实施考核管理办法》 | | 限制性股票、第二 | 符合本激 ...

Core Viewpoint - Xiangtan Electric Machine Co., Ltd. is accelerating the production and delivery of advanced motors to enhance market competitiveness and meet customer demands, particularly in the context of rising energy needs and a shift towards cleaner energy solutions [1][5]. Group 1: Production and Manufacturing - The manufacturing center of Xiangtan Electric is experiencing a peak in production capacity, operating at full throttle to meet high demand for advanced motors [1]. - The company has established a specialized team within its custom motor workshop to streamline production processes, focusing on minute-level production scheduling to efficiently respond to client needs [1][2]. Group 2: Technological Advancements - In the field of compressed air energy storage, the large motor workshop has made significant progress by introducing advanced equipment and developing standardized processing guidelines, overcoming technical barriers in rotor processing [2]. - The coil workshop is addressing challenges in high-voltage motor stator coils by utilizing new insulation materials and creating a detailed operational manual, resulting in a substantial increase in the first-time acceptance rate of the coils [3]. Group 3: Market Context and Opportunities - The company is positioning itself to capitalize on the growing global demand for electric motors as countries shift towards electric alternatives and clean energy technologies, particularly in light of high international oil prices [5]. - Domestic leading motor manufacturers are seizing the opportunity to secure international orders, emphasizing the importance of accelerating product output and reinforcing sustainable development principles [5].

银轮股份：拟设合资公司 发力具身智能机器人零部件市场 6月12日，银轮股份（002126）发布公告称，公司与苏州伟创电气科技股份有限公司、深圳市科达利实 业股份有限公司、上海开普勒机器人有限公司及深圳市伟立成长企业管理咨询合伙企业（有限合伙）签 订《合资设立公司协议》，共同出资设立苏州依智灵巧驱动科技有限公司。银轮股份拟投资1000万元， 持股比例为20%。此次投资旨在借助各方在具身智能机器人零部件领域的技术优势和市场资源，推动具 身智能机器人产业的快速发展。 资料显示，银轮股份成立于1999年3月，主营业务是油、水、气、冷媒间的热交换器、汽车空调等热管 理产品以及后处理排气系统相关产品的研发、生产与销售。 所属行业：基础化工–化学制品–其他化学制品 福建金森：董事长应飚离任 6月12日，福建金森（002679）发布公告称，公司董事、董事长（法定代表人）应飚因工作原因提交书 面辞职报告，申请辞去董事、董事长及董事会专门委员会等相关职务。应飚的辞职将在公司选举出新任 董事长后生效，辞职后他将不再担任公司任何职务。 所属行业：汽车–汽车零部件–底盘与发动机系统 智明达：股东拟询价转让503万股股份 6月12日，智 ...

Group 1 - The company received a notification from its controlling shareholder, Jiangxi Jiangte Electric Group Co., Ltd., regarding the release of certain pledged shares [1] - Jiangxi Jiangte Electric released 6,100,000 shares, accounting for 2.53% of its total holdings and 0.36% of the company's total shares [1] - The total number of shares released by Jiangxi Jiangte Electric amounts to 7,650,000, representing 3.17% of its total holdings and 0.45% of the company's total shares [1] Group 2 - As of June 10, 2025, Jiangxi Jiangte Electric has pledged a total of 240,875,533 shares, which is 14.12% of its holdings, with 110,750,000 shares remaining unpledged [2] - The pledged shares represent 45.98% of the total shares held by Jiangxi Jiangte Electric, with no risk of forced liquidation or adverse effects on the company's operations or governance [2] - The company will continue to disclose information regarding any future share pledges or releases in accordance with relevant laws and regulations [2]

Group 1 - Libet has received approval from the China Securities Regulatory Commission for the issuance of convertible bonds, valid for 12 months [1] - Dinglong plans to acquire an additional 8% stake in its subsidiary, increasing its ownership from 91.35% to 99.35% for a total price of 240 million yuan [1] - Longyuan Donggu has been designated as a supplier for a major automotive project, with an expected total sales amount of 450 to 500 million yuan over five years [14] Group 2 - Luoniushan reported a sales revenue of 100 million yuan in May, a year-on-year decrease of 11.45% [2] - Baoming Technology has secured a loan commitment of up to 7 million yuan for stock repurchase [2] - Xinhua Pharmaceutical has received approval for the listing of a new chemical raw material used in treating chronic heart failure and hypertension [3] Group 3 - China Minmetals announced a new contract amount of 396 billion yuan for the first five months of the year, a decrease of 22.2% year-on-year [7] - Zhongbei Communication's application for a specific stock issuance has been accepted by the Shanghai Stock Exchange [8] - Rongfa Nuclear Power plans to issue bonds not exceeding 1 billion yuan to repay debts and supplement working capital [9] Group 4 - Phoenix Optical plans to invest 8.5 million USD to establish a wholly-owned subsidiary in Vietnam for manufacturing optical products [11] - Xiamen Airport reported a passenger throughput of 2.4752 million in May, a year-on-year increase of 8.34% [12] - Weilan Biological has received a new veterinary drug registration certificate for a product aimed at treating canine allergies and inflammation [13] Group 5 - Shouxiangu has completed the registration of a health food product that claims to enhance immunity [13] - Xingye Yinxin's subsidiary has passed a resource reserve verification report, confirming significant mineral reserves [16] - Shaanxi Construction has won two major projects with a total contract value exceeding 2.8 billion yuan [18] Group 6 - Huari received a cash dividend of 50 million yuan from its subsidiary [20] - Zhongchu's deputy general manager has resigned due to governance arrangements [21] - Kexin Pharmaceutical's core product has received breakthrough therapy designation from the National Medical Products Administration [39]

Core Insights - The global high-end market for RV and harmonic reducers is dominated by Japanese companies Nabtesco and Harmonic Drive, which hold key patents that will partially expire in 2025, but material processes remain tightly controlled, making breakthroughs for domestic companies challenging [1] - Emerging technologies such as permanent magnet synchronous direct drive motors and planetary roller screws pose a threat to traditional reducers, potentially disrupting the market if domestic companies fail to keep pace with advancements in materials like carbon fiber composites [2] - The domestic industry faces intense competition with over 50 RV reducer manufacturers, leading to price wars that compress profit margins significantly compared to international leaders [2] - High dependency on imported raw materials, particularly high-strength gear steels, poses a cost risk, as does reliance on foreign precision processing equipment [3] - International trade restrictions, including the U.S. entity list and EU localization requirements, complicate market access for domestic companies, increasing certification costs and barriers to entry [4] Group 1 - The core patents for RV and harmonic reducers are primarily held by Nabtesco and Harmonic Drive, with critical technologies remaining under strict control [1] - The emergence of direct drive technology and new materials could reshape the competitive landscape, posing risks to domestic market share [2] - The domestic RV reducer market is characterized by over 50 competitors with similar product specifications, leading to significant price competition and reduced profit margins [2] Group 2 - The domestic industry relies heavily on imported high-strength gear steels, with over 90% dependence, which directly impacts cost structures [3] - Key precision processing equipment for RV and harmonic reducers is predominantly imported, with over 70% sourced from Japan and Germany [3] - Export restrictions from the U.S. and EU localization policies create additional challenges for domestic companies, increasing operational costs and complicating market entry [4]

东莞证券认为，周二，A股市场午后快速走低，创业板指领跌。盘面上，市场热点较为杂乱，个股跌多 涨少。政策积极落地预期以及国内经济结构性亮点、科技领域技术突破催化等，都有望带动市场中结构 性机会显现和股市赚钱效应的增加，短期大盘或保持震荡蓄势，若后续成交量能持续放大指数有望实现 突破，否则仍将维持震荡走势。关注中美经贸磋商机制首次会议及6月底政策落地，同时留意经济数据 和美联储议息会议。 中原证券认为，周二A股市场冲高遇阻、小幅震荡整理，盘中银行、电力、医药以及航运港口等行业表 现较好；半导体、航天航空、软件开发以及电机等行业表现较弱，沪指全天基本呈现小幅震荡整理的运 行特征。5月降准降息落地后，市场资金面整体处于宽松充裕状态。现阶段货币政策尚有增量空间，预 计将伴随外部环境变化适时推出。财政政策则持续发力专项债和新质生产力领域，为经济高质量发展提 供坚实后盾。市场预计美联储最早或于9月份进行下一次降息操作，海外流动性进一步宽松尚需等待。 预计短期市场以稳步震荡上行为主，仍需密切关注政策面、资金面以及外盘的变化情况。 中信证券认为，5月A股市场投资者情绪整体平稳，上半月受益于中美贸易摩擦明显改善，下半月因内 需和 ...

值得一提的是，5月以来，北交所新受理企业已达12家。其中，新恒泰、森合高科分别于6月10日、6月5 日获受理。 新恒泰也是国家级专精特新"小巨人"企业，专注于功能性高分子发泡材料的研发、制造和销售。经过十 余年的发展，现已成为国内知名的具备多种发泡材料规模化生产能力的供应商。公司主要产品包括化学 交联聚乙烯发泡材料、电子辐照交联聚乙烯发泡材料、聚丙烯微孔发泡材料，也包括聚氨酯微孔发泡材 料、非发泡 PVC 耐磨层等。公司本次IPO拟募集资金约3.8亿元，扣除发行费用后拟投资于年产5万立方 米微孔发泡新材料项目、IXPE生产线技改扩建项目、研发中心建设项目、补充流动资金。 森合高科是一家专注于环保型贵金属选矿剂研发、生产及销售的高新技术企业，公司产品远销全球30多 个国家和地区，已与宁波中策、旺塔等主要下游直销（终端）客户建立了稳定的合作关系，同时不断加 强与国内知名黄金集团中国黄金、招金黄金、紫金矿业、山东黄金、赤峰黄金等终端用户的合作力度。 公司计划通过此次IPO募集4.9亿元资金，用于建设年产8万吨环保型贵金属提取剂项目（一期）。森合 高科2024年营收与净利润分别达到6.23亿元和1.5亿元，同比增长8 ...

Group 1 - The company, Zhejiang Fangzheng Electric Co., Ltd., has applied for a credit limit of RMB 35 million from China Bank for its wholly-owned subsidiary, Shenzhen Gaoke Run Electronics Co., Ltd., to meet daily operational needs [1] - The company has approved a total comprehensive credit limit of RMB 2.8 billion for 2025, subject to actual approval by banks [2] - The company plans to provide guarantees for financial debts of its wholly-owned subsidiaries, with a maximum guarantee limit of RMB 2.6 billion [2] Group 2 - The application for the credit limit is within the authorized scope and does not require further approval from the board of directors or shareholders [3] - The purpose of the credit limit application is to meet the operational funding needs of Shenzhen Gaoke Run and to reduce funding costs [3] - The company will strictly control the total credit amount and manage the growth of interest-bearing liabilities to mitigate risks [3]

证券代码：603988 证券简称：中电电机 公告编号：临 2025-029 一、本次部分资金被冻结的情况 本次公司基本户部分资金被冻结，具体情况如下： 账户名称 开户银行 银行账号 账户性质 冻结金额（元） 中电电机股份 中国银行无锡 47545****** 基本户 8,037,518.48 有限公司 华庄支行 截至本公告披露日，公司基本户被冻结的资金余额为 8,037,518.48 元。 二、本次部分资金被冻结的原因 截至目前，公司仅通过自我核查的形式获悉上述银行账户基本户被冻结事宜， 未收到有关的法院民事裁定书等法律文书。 经公司自查了解，本次公司银行基本户部分资金被冻结的原因系公司与重庆 水轮机厂有限责任公司（下称"重庆水轮机"）的买卖合同纠纷，公司与重庆水 轮机联合投标印度 FFC 防洪灌溉项目的水泵加电机标段后，双方就联合供货事 宜签署了《印度 FFC 防洪灌溉项目泵组采购合同》及补充协议，因双方就重庆 水轮机所供货物剩余款项支付存在争议，对方向法院提起诉讼，并申请了诉前财 产保全。本案涉及金额 8,037,518.48 元占公司最近一期经审计净资产的 1.25%， 截至本公告披露日，案件尚未开庭审 ...