Core Viewpoint - The company Jinbo Co., Ltd. has successfully passed its third restricted stock incentive plan, aimed at enhancing employee motivation and driving growth in its new business sectors, particularly in lithium batteries and transportation [1] Group 1: Incentive Plan and Corporate Strategy - The 2025 restricted stock incentive plan was approved at the third extraordinary general meeting, targeting directors, senior management, and core technical personnel [1] - The plan emphasizes revenue growth rates in the "lithium + transportation" sectors as key performance indicators, aligning with macroeconomic cycles and market competition [1] Group 2: Business Performance and Growth - In the first half of 2025, the company reported revenue of 411 million yuan, a year-on-year increase of 19.69%, driven by significant growth in the transportation and lithium battery sectors [2] - Revenue from the transportation and lithium battery sectors surged by 305.35%, becoming a crucial driver for overall revenue growth [2] Group 3: Product Development and Market Position - In the transportation sector, Jinbo Co., Ltd. has established itself as a leading manufacturer of carbon-ceramic brake discs, expanding its market influence through participation in automotive industry exhibitions [2] - The company has become a designated supplier for several major domestic automotive manufacturers, achieving bulk deliveries of long-fiber carbon-ceramic discs [2] Group 4: Research and Development - Jinbo Co., Ltd. invested 52.15 million yuan in R&D in the first half of 2025, accounting for 12.70% of its revenue, maintaining a high level of investment in innovation [3] - The company received 9 new patent authorizations during the reporting period, including 5 invention patents, bringing the total to 154 patents, with 58 being invention patents [3]

Group 1 - The company is Hunan Boyun New Materials Co., Ltd., established in accordance with the Company Law and other relevant regulations, with a registered capital of RMB 573,104,819 [2][3][4] - The company focuses on the development of powder metallurgy friction materials, carbon/carbon composite materials, and other special materials, aiming to enhance management efficiency and provide satisfactory returns to shareholders [4][11] - The company was approved by the China Securities Regulatory Commission for its initial public offering of 27 million shares in 2009 [2][3] Group 2 - The company’s registered address is located in Changsha, Hunan Province, specifically in the National High-tech Industrial Development Zone [3] - The company’s shares are issued in the form of stocks, with a total of 573,104,819 shares, all of which are ordinary shares [5][6] - The company has a clear structure for capital increase, reduction, and share repurchase, which requires resolutions from the shareholders' meeting [21][22][23] Group 3 - The company’s shareholders have specific rights, including the right to receive dividends, participate in meetings, and supervise the company's operations [10][12][13] - The company has established rules for the shareholders' meeting, including the procedures for proposing and voting on resolutions [40][52][53] - The company emphasizes the importance of transparency and legal compliance in its operations, particularly regarding shareholder rights and corporate governance [14][15][16]