| 证券代码：600933 | 证券简称：爱柯迪 | 公告编号：临 2025-075 | | --- | --- | --- | | 转债代码：110090 | 转债简称：爱迪转债 | | 爱柯迪股份有限公司 关于可转债转股结果暨股份变动的公告 二、可转债本次转股情况 截至 2025 年 6 月 30 日，累计共有 251,000 元"爱迪转债"转换为公司股份， 因转股形成的股份数量为 13,490 股，占可转债转股前公司已发行股份总额的 0.0015%。其中 2025 年 4 月 1 日至 2025 年 6 月 30 日期间，"爱迪转债"累计转 股金额为人民币 1,000 元，累计转股股数为 55 股。 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： 一、可转债发行上市概况 经中国证券监督管理委员会（证监许可[2022]1917 号）文核准，爱柯迪股 份有限公司（以下简称"爱柯迪"或"本公司"或"公司"）于 2022 年 9 月 23 日公开发行了 1,570 万张可转换公司债券，每张面值 100 元，发行总 ...

Investment Rating - The automotive industry is rated as "Overweight" with expectations of outperforming the market in the next six months [52]. Core Views - The automotive sector saw a weekly increase of 2.88%, outperforming the CSI 300 index by 0.93 percentage points during the period from June 22 to June 27, 2025 [10][41]. - Retail sales of passenger vehicles in June increased by 24% year-on-year, with a total of 1,008.6 million units sold year-to-date, reflecting an 11% increase compared to the previous year [6][42]. - The new Xiaomi YU7 SUV model launched successfully, achieving over 240,000 pre-orders within 18 hours of its release [3][42]. Summary by Sections Market Review - The automotive sector's performance for the week (June 22-27, 2025) showed a 2.88% increase, with the passenger vehicle segment rising by 0.08% and commercial vehicles by 1.01% [10][41]. - The automotive parts sector increased by 4.62%, while the automotive services sector rose by 4.27%, both outperforming the CSI 300 index [10][41]. Valuation Levels - As of June 27, 2025, the automotive industry's PE-TTM was 25.9, up by 0.72 from the previous week. The valuations for passenger vehicles, commercial vehicles, and parts were 25.37, 35.87, and 24.46 respectively [11][41]. New Vehicle Launches - A total of 28 new models were launched during the week, including the Xiaomi YU7, which is priced between 25.35 and 32.99 million yuan [38][40]. Investment Recommendations - The report suggests that the automotive sector is expected to continue its upward trend, with specific focus on the performance of electric vehicles and related technologies [41].

Core Viewpoint - The company plans to repurchase shares with a total amount not less than RMB 100 million and not exceeding RMB 200 million, using its own funds and a special loan from a bank [1][4][6] Summary by Sections Share Repurchase Plan - The repurchase will be conducted through centralized bidding and is expected to last no more than 12 months from the board's approval date [2][5] - The maximum repurchase price is set at RMB 23.87 per share, which is 150% of the average trading price over the last 30 trading days prior to the board's decision [7][4] - The repurchased shares will be used for employee stock ownership plans or equity incentives, and must be transferred within three years after the announcement of the repurchase results [4][11] Financial Details - The total repurchase amount will range from RMB 100 million to RMB 200 million, with the number of shares to be repurchased estimated between 4.1894 million and 8.3787 million, accounting for approximately 0.43% to 0.85% of the total share capital [4][6] - The funding sources include the company's own funds and a special loan from the Industrial and Commercial Bank of China, Ningbo Branch, not exceeding RMB 180 million [1][4] Governance and Compliance - The repurchase plan was approved by the board with unanimous support, requiring no shareholder meeting for approval [3][2] - The company has established a dedicated securities account for the repurchase, ensuring compliance with relevant regulations [12][10] Impact on Company Operations - The repurchase is expected to enhance investor confidence and align the interests of shareholders, the company, and employees, promoting sustainable development [9][4] - As of March 31, 2025, the company's total assets were RMB 1,492.18 million, and the repurchase will not significantly impact its operations or financial stability [8][9]

Core Viewpoint - The company has announced an adjustment to the maximum repurchase price of its shares following the implementation of the 2024 annual equity distribution, reducing the price from RMB 24.17 per share to RMB 23.87 per share, effective from June 25, 2025 [1][2]. Group 1: Share Repurchase Details - The company plans to use between RMB 100 million and RMB 200 million of its own or raised funds to repurchase shares through centralized bidding, with a maximum repurchase price initially set at RMB 24.17 per share [1]. - The repurchase period will last no more than 12 months from the board's approval date [1]. - The total number of shares to be repurchased is estimated to be between approximately 4.19 million and 8.38 million shares, representing about 0.43% to 0.85% of the company's total share capital [2]. Group 2: Reasons for Price Adjustment - The adjustment in the repurchase price is due to the company's cash dividend distribution of RMB 0.30 per share, which necessitates a recalibration of the repurchase price according to regulatory guidelines [1][2]. - The formula used for the adjustment is: Adjusted repurchase price = (Previous repurchase price - Cash dividend per share) ÷ (1 + Change in circulating shares ratio), resulting in the new price of RMB 23.87 per share [2]. Group 3: Other Matters - Aside from the price adjustment, all other aspects of the share repurchase plan remain unchanged, and the company will adhere to relevant regulations during the repurchase process [2].

Core Points - The company, Aikedi Co., Ltd., has announced the tracking credit rating results for its convertible bonds, "Aidi Convertible Bonds," for the year 2025 [1][2] - The previous bond rating was "AA," and the issuer rating was also "AA," with a stable outlook [1] - The current bond rating remains "AA," and the issuer rating is still "AA," with a stable outlook, indicating no change from the previous assessment [2] Summary by Sections - **Previous Ratings**: The previous bond rating and issuer rating were both "AA," with a stable outlook [1] - **Current Ratings**: The current ratings for both the bond and the issuer remain unchanged at "AA," with a stable outlook [2] - **Rating Agency**: The ratings were conducted by Zhongzheng Pengyuan Credit Rating Co., Ltd., based on a comprehensive analysis of the company's operational status [2]

Core Viewpoint - The company has adjusted the share issuance price and quantity for the acquisition of assets due to the implementation of the 2024 annual equity distribution, with the share price changing from 14.00 CNY to 13.70 CNY and the number of shares increasing from 43,931,249 to 44,893,247 [1][4]. Group 1: Transaction Overview - The company plans to acquire a 71% stake in Zhuoerbo (Ningbo) Precision Electromechanical Co., Ltd. by issuing shares and paying cash, with a total transaction price of 1,118.25 million CNY [2]. - The payment structure includes 503.21 million CNY in cash and 615.04 million CNY through share issuance, calculated at the original price of 14.00 CNY per share [2][4]. - The company intends to raise up to 520.00 million CNY from no more than 35 specific investors as part of the transaction [2]. Group 2: Equity Distribution Implementation - The company held its 2024 annual shareholders' meeting on April 29, 2025, where it approved a cash dividend of 3.00 CNY per 10 shares (including tax) based on the number of shares registered on the equity distribution date [3]. - The profit distribution plan was implemented on June 25, 2025, with a total share capital of 985,121,171 shares as of the equity distribution registration date [4]. Group 3: Adjustments to Share Issuance - The share issuance price was adjusted to 13.70 CNY per share following the implementation of the 2024 annual profit distribution, resulting in an increase in the number of shares to be issued from 43,931,249 to 44,893,247 [4]. - The adjustments were made in accordance with the relevant regulations of the China Securities Regulatory Commission and the Shanghai Stock Exchange regarding equity distribution [3][4]. Group 4: Regulatory Approval - The transaction is subject to approval by the Shanghai Stock Exchange and registration with the China Securities Regulatory Commission, with uncertainties regarding the approval timeline [5].

| 证券代码：600933 证券简称：爱柯迪 | 公告编号：临 2025-072 | | --- | --- | | 转债代码：110090 转债简称：爱迪转债 | | 爱柯迪股份有限公司 关于 2024 年年度权益分派实施后调整 股份回购价格上限的公告 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： 一、回购股份的基本情况 爱柯迪股份有限公司（以下简称"公司"）于 2025 年 6 月 18 日召开第四届 董事会第十一次会议，审议通过了《关于以集中竞价交易方式回购公司股份方案 的议案》，同意公司使用不低于人民币 10,000 万元（含）且不超过 20,000 万元 （含）的自有资金或自筹资金，以集中竞价交易方式回购公司股份，用于未来员 工持股计划或股权激励，回购股份价格上限不超过人民币 24.17 元/股（含），回 购股份期限自公司董事会审议通过回购方案之日起不超过 12 个月。具体内容详 见公司分别于 2025 年 6 月 19 日、2025 年 6 月 26 日披露于上海证券交易所网站 （www.sse. ...

| 证券代码:600933 | | --- | | 转债代码: 110090 | 转债代码：110090 转债简称：爱迪转债 证券代码：600933 证券简称：爱柯迪 公告编号：临 2025-073 爱柯迪股份有限公司 关于以集中竞价方式回购股份的回购报告书 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、准确性和完整性依法承担法律责任。 重要内容提示： ● 回购股份金额：回购资金总额不低于人民币 10,000 万元（含）且不超过 20,000 万元（含）； ● 回购股份资金来源：爱柯迪股份有限公司（以下简称"公司"）自有资金 和股票回购专项贷款，其中股票回购专项贷款资金系中国工商银行股份有限公司 宁波市分行（以下简称"工商银行宁波分行"）提供的专项贷款，专项贷款金额不 超过 18,000 万元，且不超过实际回购金额的 90%。公司已取得工商银行宁波分行 出具的《贷款承诺函》，具体贷款事宜将以双方签订的贷款合同为准，具体内容详 见公司于 2025 年 6 月 25 日披露于上海证券交易所网站（www.sse.com.cn）的《关 于取得金融机构股票回购专项 ...

| 证券代码：600933 | 证券简称：爱柯迪 | 公告编号：临 2025-074 | | --- | --- | --- | | 转债代码：110090 | 转债简称：爱迪转债 | | 爱柯迪股份有限公司 中证鹏元在对本公司经营状况等进行综合分析与评估的基础上，于 2025 年 6 月 25 日出具了《爱柯迪股份有限公司相关债券 2025 年跟踪评级报告》，公司 本次主体信用评级结果为"AA"，"爱迪转债"信用等级为"AA"，评级展望为"稳 定"。本次评级结果较前次没有变化。 本次跟踪评级报告全文详见上海证券交易所网站（www.sse.com.cn）。 特此公告。 爱柯迪股份有限公司 董事会 关于"爱迪转债"2025 年跟踪评级结果的公告 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： 根据《上市公司证券发行注册管理办法》、《上海证券交易所股票上市规则》、 《公司债券发行与交易管理办法》等有关规定，爱柯迪股份有限公司（以下简称 "公司"）委托信用评级机构中证鹏元资信评估股份有限公司（以下简称"中证 鹏元"） ...

爱柯迪股份有限公司相关债券 2025 年跟踪评级报告 中鹏信评【2025】跟踪第【358】号 01 本次评级结果自本评级报告所注明日期起生效，有效期为被评证券的存续期。同时，本评级机构已对受 评对象的跟踪评级事项做出了明确安排，并有权在被评证券存续期间变更信用评级。本评级机构提醒报 告使用者应及时登陆本公司网站关注被评证券信用评级的变化情况。 信用评级报告声明 除因本次评级事项本评级机构与评级对象构成委托关系外，本评级机构及评级从业人员与评级对象不存 在任何足以影响评级行为独立、客观、公正的关联关系。 本评级机构与评级从业人员已履行尽职调查义务，有充分理由保证所出具的评级报告遵循了真实、客观、 公正原则，但不对评级对象及其相关方提供或已正式对外公布信息的合法性、真实性、准确性和完整性 作任何保证。 本评级机构依据内部信用评级标准和工作程序对评级结果作出独立判断，不受任何组织或个人的影响。 本评级报告观点仅为本评级机构对评级对象信用状况的个体意见，不作为购买、出售、持有任何证券的 建议。本评级机构不对任何机构或个人因使用本评级报告及评级结果而导致的任何损失负责。 本评级报告版权归本评级机构所有，未经授权不得修改 ...