Core Viewpoint - The report evaluates the risk management and financial stability of Shanghai Automotive Group Finance Co., Ltd. (SAIC Finance Company) as of the first half of 2025, indicating that the company operates under a sound governance structure and effective risk control measures [1][14]. Company Overview - SAIC Finance Company was established in April 1994, with a registered capital of RMB 15.38 billion and is a wholly-owned subsidiary of Shanghai Automotive Group Co., Ltd. [1][3]. - As of June 2025, the company had 524 employees and is located in the China (Shanghai) Pilot Free Trade Zone [1]. Governance Structure - The company does not have a shareholders' meeting; instead, the shareholders exercise their rights through a designated process, including appointing and dismissing directors and approving financial reports [2]. - The board of directors consists of five members appointed by the shareholders, responsible for operational decisions and financial planning [5]. Business Scope - The business activities of SAIC Finance Company include accepting deposits, providing loans, handling bill discounting, and offering financial advisory services among others [4]. Risk Management Overview - The company has established a comprehensive internal control system, including an authorization system, a regulatory framework, and a clear division of responsibilities [6][7]. - Regular risk assessments are conducted quarterly, focusing on compliance and operational risks [9]. Financial Performance Indicators - As of June 30, 2025, the total assets of SAIC Finance Company amounted to RMB 39.79 billion, with a net profit attributable to the parent company [13]. - The company maintains a good asset quality with a low non-performing loan ratio, indicating effective credit risk management [12]. Relationship with Huayu Automotive Systems Co., Ltd. - As of June 30, 2025, Huayu Automotive Systems Co., Ltd. and its subsidiaries had a deposit balance of RMB 11.175 billion with SAIC Finance Company, representing less than 10% of the total deposits [13]. - The company has access to timely and stable financial services from SAIC Finance Company, ensuring liquidity and safety in its financial dealings [14].

Core Viewpoint - The company plans to acquire a 49% stake in Shanghai SAIC Qingtao Energy Technology Co., Ltd. from its controlling shareholder, SAIC Motor Corporation Limited, for 205.8969 million RMB, marking its entry into the solid-state battery sector [1][2][10]. Summary by Sections Transaction Overview - The acquisition involves a total payment of 205.8969 million RMB for the 49% equity stake in SAIC Qingtao, which is a subsidiary of SAIC Group [1][2]. - This transaction is classified as a related party transaction but does not constitute a major asset restructuring [1][3]. - The board of directors approved the transaction without requiring a shareholders' meeting, as it does not exceed 0.5% of the company's latest audited net assets [1][3]. Related Party Transaction - The transaction is a related party deal since SAIC Qingtao is a company in which SAIC Group holds a stake [2][3]. - The board meeting on August 26, 2025, resulted in a unanimous approval from the non-related directors, with three related directors abstaining from the vote [2][11]. Target Company Information - SAIC Qingtao was established in November 2023 with a registered capital of 1 billion RMB, focusing on semi-solid and solid-state batteries [4][5]. - The company has a clear ownership structure with no encumbrances or legal disputes affecting the transfer of ownership [4][6]. Financial Assessment - The independent valuation by Shanghai Shenwei Asset Appraisal Co., Ltd. estimated the total equity value of SAIC Qingtao at 420.1978 million RMB, with the book value of equity at 287.6499 million RMB [7][8]. - The agreed purchase price of 205.8969 million RMB is based on this valuation and is deemed fair and reasonable [8]. Impact on the Company - This acquisition allows the company to enter the solid-state battery market, enhancing its product matrix in the "smart power" platform and facilitating synergies with existing electric drive and thermal management businesses [10][11]. - The company plans to leverage its management and customer resources to accelerate the development of SAIC Qingtao's operational mechanisms, quality control systems, and production capabilities [10].

Core Viewpoint - The company plans to acquire a 5.2957% stake in Lianchuang Automotive Electronics Co., Ltd. for no more than 154.783804 million RMB, which constitutes a related party transaction but does not qualify as a major asset restructuring [1][2][12]. Group 1: Transaction Overview - The acquisition is part of the company's strategy to enhance its "smart chassis" business matrix in line with industry trends towards intelligence [2][12]. - The transaction involves six shareholders of Lianchuang Electronics, including Shanghai Guozhi State-owned Enterprise Reform Pilot Private Equity Fund Partnership, Shanghai Xintai Information Technology Co., Ltd., and others [2][12]. - The transaction will be funded entirely from the company's own funds, with payment to be made within 3-10 working days after the delivery date [3][12]. Group 2: Financial Details - The total consideration for the acquisition is capped at 154.783804 million RMB, based on an independent valuation of Lianchuang Electronics' equity [11][12]. - The valuation report indicates that Lianchuang Electronics has a net asset book value of 282.3357 million RMB, with a market value assessed at 292.282 million RMB [11][12]. - The company reported a revenue of 1,558.184 million RMB for 2024, with total assets of 1,679.121 million RMB and net assets of 452.357 million RMB [8][12]. Group 3: Strategic Implications - The acquisition is expected to facilitate collaboration between the company and Lianchuang Electronics in the fields of smart chassis and intelligent networking, enhancing the product portfolio and accelerating business transformation [12]. - This move aligns with the industry's shift towards intelligent control systems in the automotive sector, particularly in the context of electric vehicles [12].

Core Points - The report indicates that Huayu Automotive Systems Co., Ltd. did not distribute profits or increase capital reserves during the reporting period [1] - The total assets of the company at the end of the reporting period amounted to approximately 192.91 billion RMB, reflecting a 4.27% increase compared to the previous year [1] - The company's operating revenue reached approximately 84.68 billion RMB, representing a 9.55% increase year-on-year [1] - The total profit for the period was approximately 3.75 billion RMB, which is a 6.98% increase compared to the same period last year [1] - The net profit attributable to shareholders of the listed company was approximately 2.68 billion RMB, showing a 2.73% increase from the previous year [1] - The basic earnings per share for the company was reported at 0.915 RMB, slightly up from 0.908 RMB [1] Company Overview - The company is listed on the Shanghai Stock Exchange under the stock code 600741, with the stock name "Huayu Automotive" [1] - The total number of shareholders at the end of the reporting period was 55,569 [1] Shareholding Structure - Shanghai Automotive Group Co., Ltd. holds 58.32% of the shares, making it the controlling shareholder [2] - Other significant shareholders include Hong Kong Central Clearing Limited with 4.42% and China Securities Finance Corporation Limited with 2.99% [2] - The report does not indicate any known relationships or concerted actions among the shareholders [2]

证券代码：600741 证券简称：华域汽车 公告编号：临 2025-020 华域汽车系统股份有限公司 第十一届董事会第二次会议决议公告 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。 华域汽车系统股份有限公司（以下简称"公司"）第十一届董事 会第二次会议于 2025 年 8 月 26 日以通讯表决方式召开。本次会议通 知已于 2025 年 8 月 15 日以专人送达、电子邮件等方式发出。会议应 参加表决董事 9 名，实际收到 9 名董事的有效表决票。会议符合《公 司法》及《公司章程》的有关规定。经审议，本次会议通过决议如下： 一、2025 年半年度报告及摘要； 本议案会前已经公司董事会审计委员会审议通过。 （同意 9 票，反对 0 票，弃权 0 票） 本议案会前已经公司独立董事专门会议审议通过。 本议案涉及控股股东下属的关联企业，关联董事王晓秋先生、贾 健旭先生、华恩德先生回避表决。其余 6 名非关联董事同意 6 票，反 对 0 票，弃权 0 票。 报告详见上海证券交易所网站 http://www.sse.com.cn。 三、 ...

南财智讯8月27日电，华域汽车发布2025年半年度报告，报告期实现营业收入846.76亿元，同比增长 9.55%；归属上市公司股东的净利润28.83亿元，同比增长0.72%；扣除非经常性损益后的归属于上市公 司股东的净利润26.81亿元，同比增长2.73%；基本每股收益0.915元。 ...

转自：证券时报 人民财讯8月27日电，华域汽车(600741)8月27日晚间公告，公司拟以2.06亿元收购公司控股股东上海汽 车集团股份有限公司（简称"上汽集团"）持有的上海上汽清陶能源科技有限公司（简称"上汽清陶"） 49%股权。本次交易完成后，公司将持有上汽清陶49%的股权。本次股权收购，标志着公司首次进入固 态电池领域，有利于补全"智能动力"平台产品矩阵，实现"固态电池"业务与"电驱动"、"热管理"等业务 的协同发展。 ...

华域汽车系统股份有限公司2025 年半年度报告 公司代码：600741 公司简称：华域汽车 重要提示 六、前瞻性陈述的风险声明 √适用 □不适用 本半年度报告中所涉及的未来计划、发展战略等前瞻性描述，不构成公司对投资者的实质承诺，敬 请投资者注意投资风险。 七、是否存在被控股股东及其他关联方非经营性占用资金情况 华域汽车系统股份有限公司 2025 年半年度报告 1 / 145 华域汽车系统股份有限公司2025 年半年度报告 否 八、是否存在违反规定决策程序对外提供担保的情况 否 九、是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、重大风险提示 公司已在本报告中详细描述存在的风险因素，敬请查阅第三节"管理层讨论与分析"中关于公司可 能面对的风险因素部分的内容。 十一、其他 □适用 √不适用 2 / 145 一、本公司董事会及董事、高级管理人员保证半年度报告内容的真实性、准确性、完整性，不存在虚 假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、公司全体董事出席董事会会议。 三、本半年度报告未经审计。 四、公司董事长王晓秋、总经理徐平及财务总监毛维俭声明：保证半年度 ...

证券代码：600741 证券简称：华域汽车 公告编号：临 2025-022 华域汽车系统股份有限公司 关于全资子公司收购联创汽车电子有限公司 部分股权暨关联交易的公告 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。 重要内容提示： 交易简要内容：华域汽车系统股份有限公司（以下简称"公司" 或"本公司"）全资子公司上海汇众汽车制造有限公司（以下简称"上 海汇众"），拟以不高于 15,478.3804 万元人民币的价格收购联创汽车 电子有限公司（以下简称"联创电子"）部分股东合计持有的 5.2957% 股权。本次交易完成后，上海汇众将持有联创电子 5.2957%的股权。 本次交易完成后，涉及公司与关联人共同投资，故构成关联 交易。 本次交易未构成重大资产重组。 本次交易属于董事会审批权限，未达到股东会审议标准。 过去 12 个月内公司与同一关联人或与不同关联人之间相同 交易类别下标的相关的关联交易金额未达到公司最近一期经审计净 资产的 0.5%。 一、关联交易概述 1 （一）本次交易的基本情况 1、本次交易概况 公司紧跟行业"智能 ...

上海汽车集团财务有限责任公司（以下简称：上汽财务公司、公 司）设立于 1994 年 4 月，是经中国人民银行批准成立，受国家金融 监督管理总局及其派出机构监管的非银行金融机构。截至 2025 年 6 月，公司注册资本人民币 153.80 亿元，为上海汽车集团股份有限公 司 100%持股全资子公司。 华域汽车系统股份有限公司 关于对上海汽车集团财务有限责任公司的风险评估报告 （2025 年上半年） 华域汽车系统股份有限公司按照《上海证券交易所上市公司自律 监管指引第 5 号——交易与关联交易》的要求，通过查验上海汽车集 团财务有限责任公司（以下简称"上汽财务公司"）《金融许可证》《企 业法人营业执照》等证件资料，审阅上汽财务公司 2025 年上半年相 关财务报表，对上汽财务公司的经营资质、业务和风险状况进行了评 估，具体情况报告如下： 一、上海汽车集团财务有限责任公司基本情况 金融许可证机构编码：L0038H231000001 企业法人营业执照统一社会信用代码：913101151322268960 注册资本：人民币 153.80 亿元 法定代表人：贾健旭 职工人数：2025 年 6 月末在册 524 人 1 注 ...