Group 1 - The company plans to establish a new subsidiary in Vietnam through its controlling subsidiary, Chongqing Xinyuan Agricultural Machinery Co., Ltd., to build a production base for agricultural machinery to meet the needs of overseas market expansion [1] - The construction of the Vietnam production base will be implemented in phases based on market demand and business development [1] - The total investment for the first phase is approximately 6.9444 million USD, which will be primarily used for factory renovation, equipment procurement, and working capital [1]

Group 1 - The company, Xinyuan Intelligent Manufacturing (600615.SH), aims to address the issue of industry competition with its controlling shareholder, Dongfang Xinyuan Group Co., Ltd, by establishing a new subsidiary in Vietnam for agricultural machinery production [1] - The new production base in Vietnam will be set up through the company's subsidiary, Chongqing Xinyuan Agricultural Machinery Co., Ltd, to expand its overseas business scale and meet market demands [1] - The total investment for the first phase of the Vietnam production base is approximately $6.9444 million (around 50 million RMB), which will be used for factory renovation, equipment procurement, and working capital [1]

Core Viewpoint - The company, Xinyuan Intelligent Manufacturing (600615.SH), is addressing the issue of industry competition with its controlling shareholder, Dongfang Xinyuan Group, by establishing a new production base in Vietnam for agricultural machinery, which will support its overseas business expansion [1] Group 1 - The company plans to set up a subsidiary in Vietnam through its holding subsidiary, Chongqing Xinyuan Agricultural Machinery Co., Ltd., to build an agricultural machinery production base [1] - The investment for the first phase of the Vietnam production base is approximately $6.9444 million (around 50 million RMB), based on an exchange rate of 1:7.2 [1] - The investment will be used for factory renovation, equipment procurement, and working capital, with the actual investment amount subject to approval by local authorities in China and Vietnam [1]

Core Viewpoint - The company XinYuan Intelligent Manufacturing announced the establishment of a new subsidiary in Vietnam to build a production base for agricultural machinery, aiming to enhance its overseas business scale and address industry competition [1] Investment Details - The total investment for the first phase is approximately 6.9444 million USD (around 50 million RMB), which will be used for factory renovation, equipment procurement, and working capital [1] - The project is expected to be completed and start production by early 2026 [1] Strategic Objectives - The investment aims to quickly establish production capabilities for the agricultural machinery series and expand channels to major customers [1] - This move is intended to lay a foundation for the company's overseas business scale [1]

本次活动将于2025年9月25日（星期四）15:00-17:00举行，投资者可以登录 "全景路演"平台（http://rs.p5w.net）进入公司互动平台参与交流。届时， 公司董事会秘书等相关人员将参加本次活动，与投资者进行"一对多"形式的在 线交流，回复投资者关心的问题。欢迎广大投资者参与本次活动。 关于参加重庆辖区 2025 年投资者网上集体接待日活动 的公告 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。 为进一步提高辖区上市公司投资者关系管理水平，促进公司完善公司治理， 助力上市公司高质量发展。重庆鑫源智造科技股份有限公司（以下简称"公司"） 将参加由重庆证监局指导，重庆上市公司协会联合深圳市全景网络有限公司举办 的"重庆辖区2025年投资者网上集体接待日暨半年度业绩说明会活动"。 证券代码：600615 证券简称：鑫源智造 公告编号：临 2025-37 重庆鑫源智造科技股份有限公司 特此公告。 重庆鑫源智造科技股份有限公司董事会 2025年9月19日 ...

证券代码：600615 证券简称：鑫源智造 公告编号：临 2025-36 重庆鑫源智造科技股份有限公司 投资者可于2025年09月15日（星期一）至09月19日（星期五）16:00前登 录 上 证 路 演 中 心 网 站 首 页 点 击 " 提 问 预 征 集 " 栏 目 或 通 过 公 司 邮 箱 xinyuan600615@shineray.com进行提问。公司将在说明会上对投资者普遍关注的 问题进行回答。 重庆鑫源智造科技股份有限公司（以下简称"公司"）已于2025年8月23日 发布公司2025年半年度报告，为便于广大投资者更全面深入地了解公司2025年半 年度经营成果、财务状况，公司计划于2025年09月22日（星期一）11:00-12:00 举行2025年半年度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对2025年半年度的经营成 果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范围 内就投资者普遍关注的问题进行回答。 关于召开 2025 年半年度业绩说明会的公告 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 ...

Core Viewpoint - The article discusses the strategic transformation of Chongqing Xinyuan Intelligent Manufacturing Technology Co., Ltd. (Xinyuan Intelligent Manufacturing) from a traditional manufacturing company to a leading brand in lightweight intelligent outdoor work equipment, emphasizing the integration of technology and market scenarios to capture niche market value [1][3]. Group 1: Transition from Manufacturing to Intelligent Manufacturing - The strategic upgrade involves a reconstruction of business logic, focusing on "intelligent + lightweight" paths to target the outdoor work intelligent equipment market [3]. - Xinyuan Intelligent Manufacturing aims to provide innovative intelligent solutions in the outdoor work equipment sector by leveraging its expertise in magnesium-aluminum alloy casting and agricultural machinery [3][7]. Group 2: Leveraging Traditional Business for New Markets - The company plans to utilize its existing agricultural machinery sales, which have exceeded 11 million units globally, to support the development of outdoor work equipment [8]. - The extensive experience in magnesium alloy applications positions the company to meet the lightweight component needs of outdoor work equipment [8]. Group 3: Cross-Industry Technology Utilization - The transition includes extending automotive technology into outdoor work equipment, where lightweight materials like magnesium alloys can significantly reduce energy consumption [10]. - A 10% reduction in vehicle weight can lead to a 6%-8% decrease in energy consumption, highlighting the importance of lightweight materials in enhancing efficiency [10]. Group 4: Channel Leverage for Global Expansion - Xinyuan Intelligent Manufacturing can utilize the global sales network of its parent company, which has over 2,000 sales points worldwide, to promote outdoor work equipment [12]. - This network will facilitate localized adaptations of agricultural machinery, accelerating the company's penetration into global markets [12]. Group 5: Reference for Traditional Manufacturing Transformation - The transformation of Xinyuan Intelligent Manufacturing serves as a model for traditional manufacturers, emphasizing the importance of reusing existing capabilities to enter high-value sectors [13]. - The company benefits from the regional industrial cluster in Chongqing, which is developing into a hub for intelligent connected vehicles, further enhancing its competitive edge [13]. Group 6: New Pathways for Chinese Equipment in Global Markets - The success of the parent company in overseas markets demonstrates that Chinese manufacturing can evolve from being synonymous with low prices to becoming market leaders through localization and channel development [15]. - Xinyuan Intelligent Manufacturing's journey in the outdoor work equipment sector represents a significant step in the broader narrative of China's manufacturing transformation towards intelligence [15].

Core Viewpoint - The report outlines the equity change of Chongqing Xinyuan Intelligent Manufacturing Technology Co., Ltd. (formerly Chongqing Fenghua Group Co., Ltd.), where Xinyuan Group acquired 56,387,350 shares, representing 29.99% of the total share capital, making it the controlling shareholder and Gong Daxing the actual controller of the company [1][4][20]. Equity Change Situation and Share Transfer - Prior to the equity change, Xinyuan Group did not hold any shares or voting rights in the listed company. After the completion of the equity change, Xinyuan Group holds 56,387,350 shares, which constitutes 29.99% of the total share capital, thus changing the controlling shareholder to Xinyuan Group and the actual controller to Gong Daxing [4][5]. Announcement of Equity Change - The equity change was announced through various reports, including the detailed equity change report and the financial advisor's verification opinion [5]. Compliance and Governance - During the continuous supervision period, Xinyuan Group adhered to legal and regulatory requirements in exercising shareholder rights, and the listed company established a sound corporate governance structure and internal control system, with no violations found [5][6]. Public Commitments by the Acquirer - The acquirer and its actual controller made public commitments, including a 36-month lock-up period for the shares acquired, prohibiting any form of transfer [6][7]. Future Plans and Business Adjustments - Xinyuan Group plans to enhance the existing main business while optimizing the business structure to improve profitability. There are no immediate plans for significant changes to the main business or major asset transactions within the next 12 months [8][11][12]. Changes in Management and Governance Structure - The company has made adjustments to its management structure, including the cancellation of the supervisory board and the establishment of a representative director from employees, which was disclosed in the relevant announcements [14][19]. Financial Advisor's Continuous Supervision Summary - The financial advisor concluded that throughout the continuous supervision period, the acquirer and the listed company complied with reporting and announcement obligations, maintained regulatory operations, and did not violate any public commitments or obligations [20].

民生证券股份有限公司 关于 重庆鑫源智造科技股份有限公司 详式权益变动报告书 之 2025 年半年度持续督导意见 暨持续督导总结报告 财务顾问 二〇二五年九月 声 明 2024 年 7 月 26 日，东方鑫源集团有限公司（以下简称"鑫源集团"）与隆 鑫系十三家公司及其管理人签署了《重整投资协议》，约定鑫源集团以 7.45 亿 元的对价受让隆鑫控股有限公司持有的重庆丰华（集团）股份有限公司（2025 年 8 月 8 日已更名为重庆鑫源智造科技股份有限公司，以下简称"鑫源智造"或 "上市公司"）56,387,350 股股票，占总股本的 29.99%。本次权益变动完成后， 鑫源集团成为上市公司控股股东，龚大兴成为上市公司实际控制人。 民生证券股份有限公司（以下简称"本财务顾问"）接受鑫源集团的委托， 担任其本次权益变动的财务顾问。根据《上市公司收购管理办法》规定，本财务 顾问自 2024 年 8 月 10 日上市公司公告《重庆丰华（集团）股份有限公司详式权 益变动报告书》起至本次权益变动完成后 12 个月内对鑫源集团及上市公司履行 持续督导职责。 | 上市公司 | 指 | 重庆鑫源智造科技股份有限公司（原重庆丰华（ ...

Core Viewpoint - XinYuan Intelligent Manufacturing (formerly Fenghua Co., Ltd.) has reported impressive financial results for the first half of the year, with operating income of 328.75 million yuan, a year-on-year increase of 388.33%, and a net profit attributable to shareholders of 9.79 million yuan, up 284.45% [2] Group 1: Company Transformation and Strategy - The company has transitioned from an automotive parts manufacturer to a leader in global outdoor intelligent equipment, emphasizing a vision to become a leading brand in lightweight and intelligent outdoor equipment [2][4] - The strategic shift includes a focus on outdoor work equipment, starting with agricultural machinery and expanding into areas such as drones and robotics through the application of intelligent technology [4][5] Group 2: Financial Performance and Contributions - The integration of XinYuan Agricultural Machinery, which was gifted 51% of its shares to XinYuan Intelligent Manufacturing, has significantly boosted the company's performance, contributing 256 million yuan in revenue and 5.22 million yuan in net profit in the first half of the year [3] - The agricultural machinery segment accounted for 77.81% of revenue and 53.34% of net profit, highlighting its importance to the overall business [3] Group 3: Market Potential and Trends - The global outdoor work equipment market has surpassed 100 billion USD and is expected to continue growing steadily, with the Chinese agricultural machinery market projected to exceed 900 billion yuan by 2030 [6] - The demand for magnesium alloy materials is anticipated to grow significantly, with a projected compound annual growth rate of over 21% from 2024 to 2028, driven by its applications in various industries [7] Group 4: Technological Collaboration and Development - The company has established strategic partnerships with institutions like Chongqing University to enhance its capabilities in lightweight materials and artificial intelligence applications [8] - XinYuan Intelligent Manufacturing is accelerating the commercialization of agricultural robotics and expanding its market presence both domestically and internationally [8][9] Group 5: Future Outlook - The company aims to leverage the technological strengths of its parent group to enhance its position in the outdoor work equipment sector, focusing on intelligent and lightweight solutions [9] - The strategic collaboration with XinYuan Group is expected to facilitate the development of a leading ecosystem for outdoor intelligent lightweight equipment manufacturing in China [9]