Core Viewpoint - The company, Jing Shan Light Machine (000821.SZ), has announced a share buyback program, indicating confidence in its financial health and future prospects [1] Group 1: Share Buyback Details - The company has repurchased a total of 1,257,500 shares, which represents 0.20% of its total share capital [1] - The highest transaction price for the repurchased shares was 13.64 yuan per share, while the lowest was 12.32 yuan per share [1] - The total amount paid for the repurchase was 16,482,806.00 yuan, excluding transaction fees [1] Group 2: Compliance with Buyback Plan - The repurchase price did not exceed the upper limit set in the company's buyback plan [1] - The buyback is in accordance with the requirements outlined in the company's share repurchase scheme [1]

湖北京山轻工机械股份有限公司 J.S. Corrugating Machinery Co., Ltd. Stock Code : 000821 助力中国智造 成就世界品牌 证券代码：000821 证券简称：京山轻机 公告编号：2025-42 湖北京山轻工机械股份有限公司 关于回购公司股份进展的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或者重大遗漏。 湖北京山轻工机械股份有限公司（以下简称"公司"）于 2025 年 10 月 23 日召开十一届董事会第十二次会议、十一届监事会第十二次会议，审议通过了《关 于回购股份方案暨取得回购专项贷款承诺函的议案》，同意公司用不低于人民币 6,850 万元（含），且不超过人民币 13,700 万元（含）的自有资金及股票回购 专项贷款回购公司已发行的境内上市人民币普通股（A 股），回购的股份将全部 用于股权激励或员工持股计划,回购股份价格不超过人民币 19.00 元/股（含）, 自董事会审议通过回购股份方案之日起不超过 12 个月。具体内容详见公司于 2025 年 10 月 25 日在《证券时报》《中国证券报》《上海证券报》《证券 ...

（文章来源：证券日报） 证券日报网讯 11月18日晚间，京山轻机发布公告称，2025年11月18日，公司首次通过回购专用证券账 户以集中竞价交易方式实施回购股份，回购股份数量为750，000股，占公司目前总股本比例为0.12%。 ...

格隆汇11月18日丨京山轻机(000821.SZ)公布,2025年11月18日，公司首次通过回购专用证券账户以集中 竞价交易方式实施回购股份，回购股份数量为75万股，占公司目前总股本比例为0.12%，最高成交价为 13.64元/股，最低成交价为13.48元/股，合计支付的总金额为1017.22万元（不含交易费用）。本次回购 股份符合公司回购方案及相关法律法规要求。 ...

湖北京山轻工机械股份有限公司 J.S. Corrugating Machinery Co., Ltd. Stock Code : 000821 证券代码：000821 证券简称：京山轻机 公告编号：2025-41 湖北京山轻工机械股份有限公司 关于首次回购公司股份的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或者重大遗漏。 湖北京山轻工机械股份有限公司（以下简称"公司"）于 2025 年 10 月 23 日召开十一届董事会第十二次会议、十一届监事会第十二次会议，审议通过了《关 于回购股份方案暨取得回购专项贷款承诺函的议案》，同意公司用不低于人民币 6,850 万元（含），且不超过人民币 13,700 万元（含）的自有资金及股票回购 专项贷款回购公司已发行的境内上市人民币普通股（A 股），回购的股份将全部 用于股权激励或员工持股计划,回购股份价格不超过人民币 19.00 元/股（含）, 自董事会审议通过回购股份方案之日起不超过 12 个月。具体内容详见公司于 2025 年 10 月 25 日在《证券时报》《中国证券报》《上海证券报》《证券日报》 和巨潮资讯网（www ...

京山轻机公告，公司于2025年11月18日首次通过回购专用证券账户以集中竞价交易方式实施回购股份， 回购股份数量为75万股，占公司目前总股本比例为0.12%，最高成交价为13.64元/股，最低成交价为 13.48元/股，合计支付的总金额为1017.22万元（不含交易费用）。 ...

Core Viewpoint - Yushu Technology Co., Ltd. plans to submit its IPO application in Q4 2025, marking a significant milestone as the first profitable humanoid robot company globally, which is expected to attract attention to the entire humanoid robot industry chain [1] Shareholding/Investment - Juxing Technology holds shares in Yushu Technology through its subsidiary, ensuring clear equity investment and direct asset appreciation [3] - Jing Shan Light Machine participated in Yushu's early investment through an industrial investment fund, though specific shareholding ratios are not disclosed [3] - Shoukai Co., Ltd. indirectly holds approximately 0.85% of shares through the Jinshi Growth Fund, indicating a relatively high indirect shareholding among A-share listed companies [3] - Jinfat Technology holds 4.77% indirectly through the Jinshi Growth Fund and is a leading chemical materials company with over 60% market share in robot shell materials, reporting a 35.5% revenue growth in H1 2025 [3] - Wolong Electric Drive holds 0.1525% indirectly and has seen a 36.76% net profit increase in H1 2025, with a gross margin of 28% [3] - Other companies like Jingxing Paper and Rongsheng Environmental Protection hold minor indirect stakes, primarily for financial investment [3][4] Core Suppliers - Zhongdali De is the core supplier of planetary reducers, with orders locked at 3.2 billion yuan for 2025, accounting for 36% of Yushu's costs [6] - Changsheng Bearings exclusively supplies self-lubricating bearings with over 80% penetration, expecting 8% of its revenue from robot business in 2025 [6] - Aobi Zhongguang is the sole supplier of 3D vision modules, with a supply ratio of 72% and a doubling of revenue in H1 2025 [6] - Lide Technology provides flexible tactile sensors, breaking the monopoly of Korean companies [6] - Weilan Lithium Core is the core supplier of lithium batteries for Yushu, with an expected 60% supply ratio in 2024 [6] Technical Cooperation Partners - iFLYTEK collaborates on developing the "robot brain," with a leading position in voice recognition and a planned R&D investment of 2.392 billion yuan in 2025 [8] - Lingyun Optical is jointly developing the FZMotion motion capture system, achieving high precision and expected stock price growth of over 200% in 2025 [8] - Zhongke Chuangda provides motion control algorithms and holds 1.86% of shares, with strong adaptability in edge computing modules [8] - Other partners include Shuanglin Co., Ltd. and Shengtong Co., Ltd., focusing on various components and educational collaborations in robotics [8][9]

Core Insights - The perovskite solar cell sector has seen significant stock price increases, with companies like Zhonglai Co. rising by 20% and several others experiencing gains of over 10% due to advancements in perovskite solar technology [1][2]. Industry Developments - A research team from the Chinese Academy of Sciences has developed a perovskite solar cell prototype with a conversion efficiency of 27.2%, marking a critical step towards industrialization [2]. - The first GW-level perovskite photovoltaic module production line has commenced operations in Wuxi, Jiangsu, capable of producing approximately 1.8 million perovskite solar modules annually [2]. Market Trends - The perovskite solar cell technology is recognized as a potential next-generation photovoltaic technology due to its high theoretical conversion efficiency and low material costs [3]. - The industry is experiencing a shift towards supply chain autonomy and technological advancements, with significant milestones being achieved in production capabilities [4]. Investment Opportunities - Analysts suggest focusing on companies benefiting from supply-side reforms and technological upgrades, including Longi Green Energy, JA Solar, and JinkoSolar [4]. - The ongoing development of perovskite technology is expected to create long-term growth opportunities for firms like Maiwei Co. and Aisxu Co. [4].

特别提示: 1. 本次股东大会未出现否决议案的情形。 2. 本次股东大会未涉及变更以往股东大会已通过的决议。 湖北京山轻工机械股份有限公司 J.S. Corrugating Machinery Co., Ltd. Stock Code : 000821 证券代码：000821 证券简称：京山轻机 公告编号：2025-40 湖北京山轻工机械股份有限公司 2025 年第一次临时股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或者重大遗漏。 一、会议召开和出席的情况 （一）会议召开情况： 1.召开时间： （1）现场会议时间：2025年11月11日（星期二）14:30； （2）网络投票时间： 通过深圳证券交易所交易系统进行网络投票的时间为：2025 年 11 月 11 日 的交易时间，即 9:15—9:25,9:30—11:30 和 13:00—15:00； 通过深圳证券交易所互联网投票系统投票开始时间为 2025 年 11 月 11 日 09:15 至 2025 年 11 月 11 日 15:00； 2.召开地点：本次会议现场召开地点为湖北省武汉市江汉经济开发区 ...

国浩律师（武汉）事务所 关于湖北京山轻工机械股份有限公司 2025 年第一次临时股东大会的 法律意见书 武汉市洪山区欢乐大道 1 号宏泰大厦 21 楼 邮编：430077 21st Floor,Hongtai Building,No.1 Huanle Avenue,Hongshan District,Wuhan City,China,430077 电话/Tel: (+86)(027) 87301319 传真/Fax: (+86)(027) 87265677 网址/Website:http://www.grandall.com.cn 二〇二五年十一月 国浩律师（武汉）事务所 法律意见书 国浩律师（武汉）事务所 关于湖北京山轻工机械股份有限公司 2025 年第一次临时股东大会的 法律意见书 2025 鄂国浩法意 GHW203 号 致：湖北京山轻工机械股份有限公司 国浩律师（武汉）事务所（以下简称"本所"）担任湖北京山轻工机械股份 有限公司（以下称"公司"）之常年法律顾问，根据《中华人民共和国公司法》 （以下简称"《公司法》"）、《中华人民共和国证券法》（以下简称"《证券 法》"）、《上市公司股东会规则）》（以下简 ...