本所律师根据《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 简称《股东会规则》）、《律师事务所从事证券法律业务管理办法》（以下简称 《证券法律业务管理办法》）、《律师事务所证券法律业务执业规则（试行）》 （以下简称《证券法律业务执业规则》）等相关法律、行政法规、规章、规范性 文件及《常州三协电机股份有限公司章程》（以下简称《公司章程》）的规定， 就本次会议的召集与召开程序、召集人资格、出席会议人员资格、会议表决程序 及表决结果等事宜，出具本法律意见书。 对本法律意见书的出具，本所律师特作如下声明： 上海市徐汇区淮海中路 1010 号嘉华中心 45 层 邮编：200031 电话：(86-21) 5404 9930 传真：(86-21) 5404 9931 北京市竞天公诚律师事务所上海分所 关于常州三协电机股份有限公司 2025 年第三次临时股东会的 法律意见书 致：常州三协电机股份有限公司（贵公司） 北京市竞天公诚律师事务所上海分所（以下简称"本所"）接受贵公司的委 托，指派律师出席并见证贵公司 2025 年第三次临时股东会（以下简 ...

Group 1 - The stock of Sanxie Electric (920100) increased by 9.37% with a turnover rate of 29.88%, and a total transaction amount of 359 million yuan, showing a volatility of 14.49% [1] - Institutional investors net bought 2.39 million yuan, while brokerage seats collectively net sold 10.84 million yuan [1][2] - The stock has appeared on the龙虎榜 (Dragon and Tiger List) 14 times in the past six months, with an average price drop of 0.38% the day after being listed and an average drop of 4.93% in the following five days [3] Group 2 - The top five brokerage seats accounted for a total transaction amount of 74.73 million yuan, with a buying amount of 33.14 million yuan and a selling amount of 41.59 million yuan, resulting in a net sell of 8.45 million yuan [2] - The leading buying seat was an institutional special seat with a buying amount of 7.21 million yuan and a selling amount of 4.82 million yuan, resulting in a net buy of 2.39 million yuan [2][3] - Specific brokerage seats included multiple from Dongfang Caifu Securities, with significant buying and selling amounts [3]

Core Viewpoint - The rapid development of high-end fields such as robotics and new energy vehicles has led to a surge in demand for micro-special motors, positioning domestic core component companies like Changzhou Sanxie Electric Co., Ltd. as leaders in this growth phase [1] Group 1: Market Demand and Product Focus - Micro-special motors are small, lightweight, and precise, serving as the "power core" for electronic devices and precision machinery, with applications in various high-value sectors [2] - Sanxie Electric focuses on control motors, including stepper motors, servo motors, and brushless motors, meeting the needs of industries such as robotics, security monitoring, and automotive [2] - The company has achieved mass production of motors for collaborative robots and is in the critical stage of industrialization for humanoid robots, anticipating significant market growth driven by milestones in the robotics sector [2] Group 2: Technological Innovations - Sanxie Electric has developed innovative technologies in hybrid stepper motors and high-torque servo motors, breaking the reliance on imports in the high-end textile machinery sector [3] - The company’s brushless motors incorporate advanced isolation measures to prevent leakage, enhancing safety in automotive applications [3] - As of June 2025, Sanxie Electric holds 56 patents, including 10 invention patents, supporting continuous product performance improvements [4] Group 3: Financial Performance and Profitability - The company has shown robust revenue growth, with revenues increasing from 287 million yuan in 2022 to 420 million yuan in 2024, and a net profit CAGR of 44.37% during the same period [6] - In the first three quarters of 2025, revenue reached 407 million yuan, a year-on-year increase of 38.00%, indicating strong business continuity and growth acceleration [6] - The gross margin for textile products rose from 15.91% in 2022 to 30.64% in 2024, reflecting the successful conversion of technological innovation into value [5] Group 4: Strategic Positioning and Future Outlook - The company is strategically positioned to capitalize on the growing demand for efficient and high-performance motors, supported by national policies promoting energy-efficient products [8] - The global micro-special motor market is projected to grow from approximately $36.48 billion in 2020 to $44.6 billion by 2025, with the domestic market also showing strong growth [8] - Sanxie Electric is expanding its production capacity to meet high demand, with plans to enhance product quality and delivery capabilities through IPO funding [9] Group 5: R&D and Competitive Advantage - The company has a well-structured R&D team, with 15.80% of employees being technical staff, and has increased R&D investment significantly from 10.64 million yuan in 2022 to 15.02 million yuan in 2024 [4] - Sanxie Electric's ongoing projects target industry pain points and core technology competition points for the next 3-5 years, ensuring a forward-looking approach to R&D [10] - The company’s dual approach of advanced R&D and effective technology transfer positions it well for sustainable long-term growth in the micro-special motor industry [10]

从资金流向上来看，当日电机板块主力资金净流出12.59亿元，游资资金净流入1.44亿元，散户资金净流 入11.15亿元。电机板块个股资金流向见下表： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 证券之星消息，12月23日电机板块较上一交易日下跌0.55%，三协电机领跌。当日上证指数报收于 3919.98，上涨0.07%。深证成指报收于13368.99，上涨0.27%。电机板块个股涨跌见下表： ...

常州三协电机股份有限公司（以下简称"公司"）于 2025 年 12 月 10 日召 开第三届董事会第十九次会议，审议通过了《关于出售全资孙公司股权的议案》。 三协电机投资(香港)有限公司向 Rayshine (USA) Intelligent Transmission LLC 转 让其持有的新时代动力有限公司（以下简称"新时代动力"）的 100%的股权（以 下简称"标的股权"），Rayshine (USA) Intelligent Transmission LLC 以自有资金 受让标的股权。根据评估值及期后实现的净利润，协商确定转让价格为人民币 657 万元。本次股权转让完成后，Rayshine (USA) Intelligent Transmission LLC 持 有新时代动力 100%的股权。 具体具体内容详见公司 2025 年 12 月 10 日在北京证券交易所信息披露平台 （www.bse.cn）披露的公司《出售全资孙公司股权的公告》（公告编号：2025-140）。 二、交易进展 截止本公告披露日，新时代动力已完成股东变更登记，公司将不再持有新时 代动力股权。敬请广大投资者理性投资，注意风险。 证券 ...

Core Viewpoint - Sanxie Electric has demonstrated strong financial performance in the first three quarters of 2025, with significant year-on-year growth in revenue and net profit, attracting interest from major investment institutions [2][3]. Financial Performance - For the first three quarters of 2025, the company achieved a revenue of 407.25 million yuan, representing a 38.00% increase year-on-year, and a net profit attributable to shareholders of 46.15 million yuan, up 21.15% [2][4]. - In Q3 2025 alone, the company reported a revenue of 152 million yuan, with a remarkable year-on-year growth of 79.95%, and a net profit of 14.62 million yuan, increasing by 46.10% [3][4]. - As of September 30, 2025, the company's total assets reached approximately 672.99 million yuan, a 41.59% increase from the previous year, while net assets attributable to shareholders rose by 62.95% to about 459.11 million yuan [4]. Dividend and Investor Relations - Following its listing on the Beijing Stock Exchange, Sanxie Electric announced a dividend plan, distributing 5 yuan per 10 shares, totaling 36.90 million yuan, reflecting the company's commitment to rewarding investors [5]. Innovation and Technology - Sanxie Electric emphasizes technological innovation as its core competitive advantage, with a dedicated R&D team and significant investment in research, totaling approximately 1.06 million yuan in 2024 [6]. - The company has secured 56 patents, including 10 invention patents, and its products meet international standards, competing with leading global brands [6]. Market Expansion and Product Development - The company is focusing on high-end products such as brushless motors and has established a presence in various high-value sectors, including robotics and renewable energy [7][8]. - Sanxie Electric has formed strategic partnerships with industry leaders and is expanding its global footprint, with plans to enter the U.S. market and establish a manufacturing base in Vietnam [8].

单位：元 证券代码：920100 证券简称：三协电机 公告编号：2025-136 常州三协电机股份有限公司 关于预计 2026 年日常性关联交易的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、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个别及连带法律 责任。 一、 日常性关联交易预计情况 （一） 预计情况 | 关联交易类别 | 主要交易内容 | 预计 2026 | 年发 | 2025 年年初至 | 预计金额与上年实 际发生金额差异较 | | --- | --- | --- | --- | --- | --- | | | | 生金额 | | 披露日与关联方 | | | | | | | 实际发生金额 | 大的原因 | | 购买原材料、 | 采购驱动器、编码 | 11,800,000.00 | | 4,910,028.59 | 公司经营发展需要， | | | 器、技术服务、开拓 | | | | 预计业务量增加。 | | 燃料和动力、 | 市场推广维护服务 | | | | | | 接受劳务 | | | | | | | | 等 | | | | | | 销售产品、商 | 销 ...

证券代码：920100 证券简称：三协电机 公告编号：2025-137 常州三协电机股份有限公司 关于使用自有闲置资金委托理财的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 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个 别及连带法律责任。 一、 委托理财概述 （一） 委托理财目的 为了提高自有资金的使用效率，增加投资收益，在不影响主营业务的正常 发展并确保公司经营资金需求的前提下，公司及子公司拟利用闲置自有资金购 买安全性高、流动性好的理财产品。 （二） 委托理财金额和资金来源 公司及子公司拟进行的理财总额不超过人民币 10,000 万元（不包含投资 所获得的利息），资金来源为公司及子公司自有闲置资金。 （三） 委托理财方式 公司于 2025 年 12 月 10 日召开第三届董事会第十九次会议，审议通过了 《关于使用自有闲置资金委托理财的议案》。议案表决结果：同意 6 票，反对 0 票，弃权 0 票。本次购买理财产品不涉及关联交易事项，无需回避表决。根 据《公司章程》及《对外投资管理制度》的相关规定，此议案董事会审议通过 后，尚需提交公司股东会审议通过。 三、 ...

证券代码：920100 证券简称：三协电机 公告编号：2025-138 常州三协电机股份有限公司 关于公司拟向银行申请综合授信额度的的公告 为满足公司经营发展的资金需求，公司拟向银行申请总额不超过人民币 10,000 万元的综合授信额度，具体授信业务品种、额度、期限和利率，以各方 签署的合同为准，该综合授信事项有效期为自公司股东会审议通过之日起 12 个 月内有效。授信额度可循环使用，可以在不同银行间进行调整。 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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个别及连 带法律责任。 一、授信基本情况概述 公司本次申请银行授信额度是公司实现业务发展及经营的正常所需，通过银 行授信的融资方式为自身发展补充资金，有利于改善公司财务状况，对公司日常 性经营产生积极的影响，进一步促进公司业务发展，符合公司和全体股东的利益。 四、备查文件 《常州三协电机股份有限公司第三届董事会第十九次会议决议》 常州三协电机股份有限公司 董事会 2025 年 12 月 10 日 为提高效率，公司董事会提请授权公司管理层在上述额度内根据公司实际资 金需求与 ...

证券代码：920100 证券简称：三协电机 公告编号：2025-140 出售全资孙公司股权的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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个别及连 带法律责任。 一、交易概况 （一）基本情况 新时代动力科技有限公司（以下简称"新时代动力"）于 2023 年 11 月 28 日 在越南同奈省福新区戽奈工业园二期第 6 街成立，注册资本为 32 万美元，其中 公司全资子公司三协电机投资(香港)有限公司（以下简称"香港三协"）持有新 时代动力 100%的股权。 常州三协电机股份有限公司 香港三协与 Rayshine (USA) Intelligent Transmission LLC 于 2025 年 12 月 10 日签署《股本买卖协议书》（以下简称"协议"），香港三协向 Rayshine (USA) Intelligent Transmission LLC 转让其持有新时代动力的 100%的股权（以下简称"标 的股权"），Rayshine (USA) Intelligent Transmission LLC 以自有资金受 ...