Core Viewpoint - The company Huichuan Technology (300124) has experienced a decline in stock price, with a current market capitalization of 179.235 billion yuan, ranking first in the automation equipment sector and 66th in the A-share market [1]. Shareholder Changes - On May 20, 2025, executive Liu Yingxin reduced his holdings by 299,900 shares, accounting for 0.0111% of the total share capital, during which the stock price increased by 0.34% to close at 68.53 yuan [2]. - On May 19, 2025, supervisor Bai Ziping sold 2,000 shares, representing 0.0001% of the total share capital, with the stock price decreasing by 0.51% to close at 68.3 yuan [2]. - On May 16, 2025, Bai Ziping also reduced his holdings by 30,000 shares, which is 0.0011% of the total share capital, while the stock price rose by 0.23% to close at 68.65 yuan [2]. Institutional Research Highlights - The company has achieved good market share in servo systems, variable frequency drives, and small PLC products in the Chinese market, and plans to enhance product competitiveness through multi-product solutions [3]. - The company is actively developing components for humanoid robots and providing scenario-based products and solutions for the manufacturing industry [3]. - There has been significant improvement in products and solutions for process industry applications, with certain business growth achieved [3]. - The company is strengthening its capabilities in digitalization and large PLCs, aiming to create model points and penetrate the process industry [3]. - Following the acquisition of Shanghai Lain in 2018, the company has developed mature high-precision ball screw design and manufacturing capabilities, and the recent acquisition of Korean SBC has supplemented its precision linear guide product line [3]. - The new factory in Nanjing has commenced production, focusing on industrial robots and precision machinery products [3]. - The company is pursuing investments and acquisitions that are highly synergistic with its main business in automation, precision machinery, industrial software, new energy, and upstream and downstream industry chains to build and enhance its industrial ecosystem [3].

Core Viewpoint - The company is focusing on leveraging policy advantages and market opportunities to achieve profitability by 2025 through digital and green business initiatives [5][6]. Shareholder Changes - As of May 20, 2025, the number of shareholders is 48,300, a decrease of 1,864 or 3.71% from May 9, 2025. The average shareholding per account increased from 7,009 shares to 7,280 shares, with an average market value of 90,300 yuan [2][6]. Institutional Research Highlights - The company has minimal exposure to U.S. business, resulting in a negligible impact from reciprocal tariff policies. This situation may provide domestic companies with more opportunities for import substitution [3][6]. - The company’s wind turbine operation and maintenance services primarily supply products and debugging services to independent service providers and those backed by original equipment manufacturers [3]. Performance Disclosure Highlights - The company’s main business segments are digital and green initiatives, including industrial electrical automation and information technology, as well as new energy storage and high-power power electronics. The goal for 2025 is to utilize policy advantages to drive growth and achieve profitability [5][6]. - The company aims to improve operational quality and efficiency while exploring new growth opportunities, including international expansion, to navigate industry cycles [5].

截至2025年5月23日收盘，先惠技术（688155）报收于39.24元，较上周的41.12元下跌4.57%。本周，先 惠技术5月21日盘中最高价报41.64元。5月23日盘中最低价报39.18元。先惠技术当前最新总市值49.07亿 元，在电池板块市值排名62/95，在两市A股市值排名2896/5148。 公司公告汇总 本周关注点 上海先惠自动化技术股份有限公司发布了股东减持股份计划公告。晶徽投资持有公司股份2,590,000股， 占公司总股本的2.07%，晶徽投资及其一致行动人合计持有公司股份59,637,528股，占公司总股本的 47.69%；精绘投资持有公司股份2,527,000股，占公司总股本的2.02%。晶徽投资拟通过集中竞价、大宗 交易方式减持公司股份不超过647,500股，即不超过其所持公司股份的25%，不超过公司总股本的 0.52%，减持期间为公告披露之日起十五个交易日后的3个月内。精绘投资拟减持公司股份不超过 631,750股，即不超过其所持公司股份的25%，不超过公司总股本的0.51%，减持期间相同。减持价格按 市场价格确定，若公司发生派息、送股等事项，将根据股本变动对减持数量进行调整。公 ...

截至2025年5月23日收盘，亿嘉和（603666）报收于33.35元，较上周的37.66元下跌11.44%。本周，亿 嘉和5月19日盘中最高价报37.59元。5月23日盘中最低价报33.0元。亿嘉和当前最新总市值68.86亿元， 在自动化设备板块市值排名31/79，在两市A股市值排名2187/5148。 股本股东变化 截至本公告披露日，程敏先生持有亿嘉和科技股份有限公司股份1372000股，占公司当前总股本的 0.66%，上述股份来源于首次公开发行前持有的股份及公司上市后以资本公积金转增股本方式取得的股 份。程敏先生拟自本公告披露之日起满15个交易日后的3个月内通过集中竞价交易、大宗交易方式分别 及合计减持股份数量均不超过其本人直接持有的公司全部股份，即不超过1372000股。程敏先生与张静 女士为夫妻关系，合计持有公司股份10348000股，占公司总股本的5.01%。程敏先生减持原因是个人资 金需求。程敏先生承诺遵守相关法律法规，减持股份将按照《减持规定》办理。本次拟减持事项与此前 已披露的承诺一致。本次减持计划存在减持时间、减持价格、减持数量等不确定性。 以上内容为证券之星据公开信息整理，由AI算法生成 ...

上海克来机电自动化工程股份有限公司 内幕信息知情人登记管理制度 二○二五年五月修订 上海克来机电自动化工程股份有限公司 内幕信息知情人登记管理制度 上海克来机电自动化工程股份有限公司 内幕信息知情人登记管理制度 第一章 总则 第一条 为规范上海克来机电自动化工程股份有限公司（以下简称"公司"或 "本公司"）内幕信息管理，加强内幕信息保密工作，维护信息披露的公开、公 平、公正原则，保护广大投资者的合法权益，根据《中华人民共和国公司法》、 《中华人民共和国证券法》、《上市公司信息披露管理办法》、《上海证券交易所股 票上市规则》、《上市公司监管指引第 5 号——上市公司内幕信息知情人登记管理 制度》等有关法律法规及《公司章程》等有关规定，制定本制度。 第二条 公司董事会应当按照本制度以及上海证券交易所相关规则要求及时登 记和报送内幕信息知情人档案，并保证内幕信息知情人档案真实、准确和完整， 董事长为内幕信息管理的主要责任人，董事会秘书作为直接责任人，负责公司内 幕信息的日常管理工作，在相关信息依法公开披露前负责内幕信息知情人的登记 入档和报送事宜。董事长与董事会秘书应当对内幕信息知情人档案的真实、准确 和完整签署书 ...

上海克来机电自动化工程股份有限公司 上海克来机电自动化工程股份有限公司 信息披露管理制度 信息披露管理制度 二○二五年五月修订 上海克来机电自动化工程股份有限公司 信息披露管理制度 第一章 总则 第一条 为规范上海克来机电自动化工程股份有限公司（以下简称"公司"） 的信息披露行为，加强信息披露事务管理，保护投资者合法权益，根据《中华人民 共和国公司法》《中华人民共和国证券法》（以下简称"《证券法》"）、《上市 公司信息披露管理办法》《上海证券交易所股票上市规则》（以下简称"《上市规 则》"）、《上海证券交易所上市公司自律监管指引第2号——信息披露事务管理》 及《上海克来机电自动化工程股份有限公司章程》（以下简称"《公司章程》"）， 特制定本制度。 第二条 本制度所称"信息"是指所有能对上海克来机电自动化工程股份有限 公司股票价格产生重大影响的信息、与投资者作出价值判断和投资决策有关的信息 以及证券监管部门要求披露的信息；所称"披露"是指在规定的时间内、在上海证 券交易场所的网站和符合国务院证券监督管理机构规定条件的媒体、以规定的披露 方式向社会公众公布前述的信息，并送达相关证券监管部门备案。 第三条 信息披露 ...

上海克来机电自动化工程股份有限公司 募集资金使用管理制度 二○二五年五月修订 上海克来机电自动化工程股份有限公司 募集资金使用管理制度 上海克来机电自动化工程股份有限公司 募集资金使用管理制度 第一章 总则 第一条 为进一步规范上海克来机电自动化工程股份有限公司（以下简称"公 司"）募集资金的管理和使用，提高募集资金使用的效率，防范资金风险，确保资 金安全，切实保护投资者利益，根据《中华人民共和国公司法》 《中华人民共和国证 券法》《上市公司募集资金监管规则》《上海证券交易所股票上市规则》（以下简称 "《上市规则》"）《上海证券交易所上市公司自律监管指引第 1 号——规范运作》 等有关法律、法规和规范性文件规定和《上海克来机电自动化工程股份有限公司章 程》（以下简称"《公司章程》"）的规定，结合公司实际情况，特制定本制度。 第二条 本制度所称募集资金是指公司通过发行股票或者其他具有股权性质的 证券，向投资者募集并用于特定用途的资金，不包括公司为实施股权激励计划募集 的资金。 第三条 募集资金的使用应遵循集中管理、周密计划、预算控制、规范运作、公 开透明的原则。 第四条 公司募集资金应当按照招股说明书或者其他公 ...

Core Viewpoint - The company has established an investor relations management system to enhance communication with investors, ensure compliance with regulations, and improve corporate governance and overall value [1][2][3]. Group 1: General Principles and Objectives - Investor relations management aims to facilitate communication between the company and its investors, enhancing understanding and recognition of the company [1][2]. - The management should adhere to principles of fairness, equality, proactivity, and integrity [2][3]. - The objectives include fostering a positive relationship with investors, establishing a stable investor base, and maximizing overall corporate benefits and shareholder wealth [2][3]. Group 2: Target Audience and Content - The target audience for investor relations includes registered and potential investors, analysts, media, regulatory bodies, and other relevant individuals and institutions [3]. - Key content for investor relations includes the company's development strategy, legal disclosures, operational and financial information, major events, corporate culture, and shareholder rights [3][4]. Group 3: Communication Methods - The company employs various communication methods, including announcements, shareholder meetings, the company website, analyst meetings, and one-on-one communications [4][5][6]. - The company has established dedicated contact points for investor inquiries, ensuring timely and friendly responses [5][6]. Group 4: Responsibilities and Management - The board of directors oversees investor relations management, with the board secretary responsible for coordinating activities [12][13]. - The securities department handles specific tasks such as information disclosure, communication, public relations, and maintaining investor relations archives [13][14]. Group 5: Crisis Management - The company has protocols for handling investor relations crises, including negative media coverage, litigation, and regulatory penalties [30][31][32]. - Measures include timely reporting to the board, assessing impacts, and communicating with investors to mitigate adverse effects [31][32][33].

证券代码：603960 证券简称：克来机电 公告编号：2025-028 上海克来机电自动化工程股份有限公司 关于召开2025年第二次临时股东大会的通知 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： 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东大会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过 互联网投票平台的投票时间为股东大会召开当日的 9:15-15:00。 无 二、 会议审议事项 本次股东大会审议议案及投票股东类型 投票股东类型 序号 议案名称 A 股股东 非累积投票议案 累积投票议案 本次提交股东大会审议的议案已经公司第四届董事会第二十次会议审议 通过，并经第四届董事会第二十次会议提请召开股东大会，相关决议已于 报》《上海证券报》《证券时报》《证券日报》予以披露。公司将在 2025 年第 二次临时股东大会召开前，在上海证券交易所网站（www.sse.com.cn）登载 《克来机电 2025 年第二次临时股东大会会议资料》。 应回 ...

Core Viewpoint - The article discusses the increasing number of accounting errors among listed companies, with over 40 companies correcting such errors in 2025, highlighting the distinction between unintentional accounting errors and intentional financial fraud [1] Group 1: Accounting Errors - Accounting errors are defined as omissions or misstatements in previous financial reports due to incorrect application of accounting standards, and they are considered unintentional [1] - Some companies have misused the term "accounting error" to cover up financial fraud, as seen in cases like Kangmei Pharmaceutical and Oriental Group [1] Group 2: Specific Company Adjustments - Keda Control has made accounting adjustments for multiple reporting periods, including annual and quarterly reports from 2022 to 2024, due to errors in revenue recognition related to its new energy charging and swapping business [2][3] - The adjustments were necessary because the company initially recognized revenue using the gross method instead of the net method, which is appropriate when the company does not have control over the electricity supplied [4] Group 3: Regulatory Guidance - The Ministry of Finance has provided practical guidance on revenue recognition for charging station businesses, indicating that companies should recognize revenue based on the net method when they do not have control over the electricity [5][8] Group 4: Company Performance - A company established in 2000 and listed in 2021 has reported a revenue of 434 million yuan in 2024, a year-on-year increase of 1.76%, but its net profit decreased by 37.42% to 34.51 million yuan [9] - The company has high accounts receivable, with the ratio of accounts receivable to revenue increasing over the last three years, indicating potential liquidity issues [9] - In the first quarter of 2025, the company reported a loss of 6.14 million yuan, attributed to increased marketing and R&D expenses [10] Group 5: Robotics Business Development - The company is focusing on the development of mining robots, with several models already in use in coal mines, and aims to enhance its technology for specialized mining applications [10] - However, the R&D expenditure for the robotics business was less than 5 million yuan in 2024, raising concerns about the commitment to this segment [11]