证券代码：600960 证券简称：渤海汽车 公告编号：2025-076 渤海汽车系统股份有限公司 关于召开 2025 年第三季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。 （网址：https://roadshow.sseinfo.com/） 渤海汽车系统股份有限公司（以下简称"公司"）已于 2025 年 10 月 31 日 发布公司 2025 年第三季度报告，为便于广大投资者更全面深入地了解公司 2025 年前三季度经营成果、财务状况，公司计划于 2025 年 11 月 24 日(星期一)上午 11:00-12:00 举行 2025 年第三季度业绩说明会，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 年前三季度经营 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。 二、 说明会召开的时间、地点 1 会议召开时间：2025 年 11 月 24 日(星期一) 上午 11:00-12:00 会 ...

Financial Performance - The company's operating revenue for the third quarter was ¥655,004,547.43, a decrease of 33.03% compared to the same period last year[4]. - The total profit for the year-to-date period was ¥230,022,487.58, which represents a decrease of 28.41% year-on-year[4]. - The net profit attributable to shareholders for the third quarter was -¥91,367,740.59, with a year-to-date net profit of ¥210,129,454.06, reflecting significant changes due to the exclusion of BTAH from the consolidation scope[4][10]. - The basic and diluted earnings per share for the third quarter were both -¥0.0961, with year-to-date earnings per share of ¥0.2211[5]. - Total revenue for the first three quarters of 2025 was CNY 2,367,473,033.78, a decrease of 28.4% compared to CNY 3,306,815,840.00 in the same period of 2024[25]. - Net profit for the first three quarters of 2025 was CNY 211,013,038.65, compared to a net loss of CNY 186,422,596.16 in the same period of 2024[26]. - Operating profit for the first three quarters of 2025 was CNY 230,032,065.64, a significant recovery from a loss of CNY 182,313,676.00 in 2024[26]. - The total comprehensive income attributable to the parent company's owners for the reporting period was ¥215,798,980.09, an increase from ¥69,747,190.35 in the previous year[27]. - Basic and diluted earnings per share for the reporting period were both ¥0.2211, a significant recovery from a loss of ¥0.1995 in the same period of the previous year[27]. Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period was ¥14,370,179.91, down 69.89% compared to the previous year[5]. - The net cash flow from operating activities for the first three quarters of 2025 was ¥14,370,179.91, a decrease of 69.96% compared to ¥47,723,830.16 in the same period of 2024[30]. - The cash inflow from operating activities totaled ¥1,894,037,205.53, while cash outflow was ¥1,879,667,025.62, resulting in a net cash inflow[30]. - The total cash and cash equivalents at the end of the reporting period was ¥489,657,832.74, down from ¥766,100,561.94 at the end of the previous year[32]. - The company reported a significant increase in cash and cash equivalents, rising from CNY 498,929,130.02 in September 2025 to CNY 922,384,935.19 by December 2024[21]. - Current assets totaled CNY 2,805,238,837.06 as of September 30, 2025, compared to CNY 3,516,715,972.51 at the end of 2024[22]. - The company's total assets increased from CNY 6,400,196,502.74 as of September 30, 2025, to CNY 7,410,225,779.82 by December 31, 2024[22]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 36,686[12]. - The top 10 shareholders hold a total of 219,038,871 shares, representing 23.04% of the total shares[12]. - Beijing Automotive Group Co., Ltd. holds 206,390,009 shares, accounting for 21.71% of the total shares[13]. Legal Matters - The company has initiated a lawsuit against former executive Li Zunhu for 6.66 million yuan in damages due to his breach of duty, with the case currently in enforcement proceedings[17]. - The company’s subsidiary, Taian Qicheng, is involved in a lawsuit against Zhenjiang Zhenfa for 6.7 million yuan worth of goods and molds, with ongoing litigation and appeals[18]. - Bohai Lightweight has filed a lawsuit against Huaren Yuntong for 19.49 million yuan in unpaid debts, but the case was dismissed due to an arbitration agreement, and the company is currently appealing[20]. - The company has confirmed a debt claim of 8.37 million yuan against Huaren Yuntong, which is undergoing bankruptcy reorganization[20]. - An employee of Bohai Piston misappropriated 2.96 million yuan in customer payments, resulting in a criminal conviction and ongoing recovery efforts[20]. Investments and Acquisitions - The company plans to acquire 51% stakes in several subsidiaries from its controlling shareholder, with related restructuring documents accepted by the Shanghai Stock Exchange[16]. - The company completed the pledge of 90,235,253 shares to its controlling shareholder for a loan amount of 453.16 million yuan[16]. - The company provided a guarantee of 100 million yuan for Shandong Huaxing Machinery Co., Ltd., with a total compensation of 108,402,689.88 yuan due to overdue loans[15]. Research and Development - Research and development expenses for the first three quarters of 2025 were CNY 67,473,777.37, slightly down from CNY 72,654,527.87 in 2024[26].

Group 1 - Bohai Automotive experienced a stock price increase of 5.42%, reaching 5.83 CNY per share, with a trading volume of 309 million CNY and a turnover rate of 5.81%, resulting in a total market capitalization of 5.542 billion CNY [1] - Bohai Automotive Systems Co., Ltd. was established on December 31, 1999, and listed on April 7, 2004. The company specializes in the design, development, manufacturing, and sales of various automotive products, including pistons, lightweight auto parts, wheels, air conditioning systems, shock absorbers, exhaust systems, and fuel tanks [1] - The main revenue composition of Bohai Automotive includes aluminum structural components (45.65%), piston products (42.77%), wheels (5.25%), other products (3.75%), and air conditioning systems (2.58%) [1] Group 2 - Minsheng Jianyin Fund has a significant holding in Bohai Automotive, with the Minsheng Jianyin Pension Service Mixed Fund (002547) holding 39,000 shares, accounting for 1.01% of the fund's net value, ranking as the tenth largest holding [2] - The Minsheng Jianyin Pension Service Mixed Fund was established on October 21, 2016, with a latest scale of 19.6553 million CNY. The fund has experienced a 5% loss this year, ranking 8110 out of 8152 in its category, and a 4.76% loss over the past year, ranking 7966 out of 8038 [2]

Market Overview - The automotive parts sector increased by 0.82% on October 29, with Sanxiang Technology leading the gains [1] - The Shanghai Composite Index closed at 4016.33, up 0.7%, while the Shenzhen Component Index closed at 13691.38, up 1.95% [1] Top Gainers in Automotive Parts Sector - Sanxiang Technology (code: 920195) closed at 24.97, with a significant increase of 29.98% and a trading volume of 143,100 shares, amounting to a transaction value of 325 million yuan [1] - Kete Co., Ltd. (code: 920978) saw a rise of 12.23%, closing at 41.30 with a trading volume of 68,900 shares [1] - Lintai New Materials (code: 920106) increased by 12.20%, closing at 96.01 with a trading volume of 19,200 shares [1] - Other notable gainers include Jianbang Technology (10.42%), Mingke Precision Technology (9.99%), and Shanzi Gaoke (9.97%) [1] Top Losers in Automotive Parts Sector - Taixiang Co., Ltd. (code: 301192) experienced the largest decline, down 11.04% to 37.30 with a trading volume of 59,600 shares [2] - Changrun Co., Ltd. (code: 603201) fell by 9.36%, closing at 17.44 with a trading volume of 82,600 shares [2] - Qingdao Double Star (code: 6650000) decreased by 8.62%, closing at 7.00 with a trading volume of 2,072,900 shares [2] Capital Flow Analysis - The automotive parts sector saw a net inflow of 1.331 billion yuan from institutional investors, while retail investors experienced a net outflow of 429 million yuan [2] - The main capital inflow was concentrated in stocks like Shanzi Gaoke, which had a net inflow of 195.5 million yuan from institutional investors [3] - Other stocks with significant institutional inflows include Junsheng Electronics (40.8 million yuan) and Top Group (26.9 million yuan) [3]

Core Viewpoint - Bohai Automotive Systems Co., Ltd. plans to acquire stakes in several companies through a combination of issuing shares and cash payments, while also raising supporting funds [1][4]. Group 1: Acquisition Details - The company intends to purchase 51% of Beijing Beiqi Mould Technology Co., Ltd., 51% of Hainachuan Andautuo (Langfang) Seating Co., Ltd., 100% of Inafa Intelligent Technology (Beijing) Co., Ltd., and 50% of Langfang Laini Wiring System Co., Ltd. [1][4]. - The acquisition is part of a larger restructuring effort that includes raising additional funds [1][5]. Group 2: Regulatory Process - The Shanghai Stock Exchange has accepted the application for the acquisition and fundraising, confirming that the submitted documents are complete and meet legal requirements [2][5]. - The restructuring is subject to approval from the Shanghai Stock Exchange and registration with the China Securities Regulatory Commission, which introduces uncertainty regarding the timeline for final approval [5]. Group 3: Document Revisions - The draft report for the acquisition has undergone revisions and supplements compared to the version disclosed on September 30, 2025, although these changes do not impact the transaction plan [2].

Group 1 - Bohai Automobile (600960) has received approval from the Shanghai Stock Exchange for its application to issue shares for asset acquisition [1] - The independent financial advisor for this issuance is CITIC Securities (601066) [1]

Core Viewpoint - Bohai Automotive is progressing with a significant asset restructuring plan, aiming to acquire equity stakes in several companies held by Beijing Hainachuan Automotive Parts Co., Ltd. through a combination of share issuance and cash payment, while also raising supporting funds [2] Group 1: Acquisition Details - The restructuring plan includes acquiring 51% of Beijing Beiqi Moulding Technology Co., Ltd., 51% of Hainachuan Andautop (Langfang) Seat Co., Ltd., 100% of Inafa Intelligent Technology (Beijing) Co., Ltd., and 50% of Langfang Leoni Wiring Systems Co., Ltd. [2] - The acquisition targets are involved in various automotive components, including bumpers, seat frames, automotive electronics, and wiring systems, with established relationships with major automotive brands such as Beijing Benz, Volvo, and NIO [2][3][4] Group 2: Financial Aspects - Bohai Automotive plans to raise a total of no more than 1,378.502 million yuan, which accounts for 59.44% of the transaction price for the asset acquisition [4] - The cash consideration for the transaction is 409.251 million yuan, with additional investments planned for production capacity and R&D projects totaling approximately 36.457 million yuan, 2.55 million yuan, and 2.45 million yuan respectively [5]

2-2 法律意见书 | 序号 | 文件名称 | 页码 | | --- | --- | --- | | | 北京市金杜律师事务所关于渤海汽车系统股份有限公司发行股 份及支付现金购买资产并募集配套资金暨关联交易之法律意见 | | | 2-2-1 | | 至 2-2-1-1 2-2-1-116 | | | 书 | | | | 北京市金杜律师事务所关于渤海汽车系统股份有限公司发行股 | | | 2-2-2 | 份及支付现金购买资产并募集配套资金暨关联交易之补充法律 | 2-2-2-1 至 2-2-2-6 | | | 意见书 | | 北京市金杜律师事务所 关于 渤海汽车系统股份有限公司 发行股份及支付现金购买资产 并募集配套资金暨关联交易 之 法律意见书 二〇二五年九月 | American | | --- | | 附件三：重大债权债务 115 | | --- | 释 义 在本法律意见书中，除非文义另有所指，下列左栏中的术语或简称对应右栏 中的含义或全称： | 上市公司、渤海汽 | 指 | 渤海汽车系统股份有限公司 | | --- | --- | --- | | 车 | | | | 渤海活塞 | 指 | 山东滨州渤海活 ...

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。 渤海汽车系统股份有限公司（以下简称"公司"）拟通过发行股份及支付现 金的方式购买北京海纳川汽车部件股份有限公司持有的北京北汽模塑科技有限 公司 51%的股权、海纳川安道拓（廊坊）座椅有限公司 51%的股权、英纳法智 联科技（北京）有限公司 100%的股权、廊坊莱尼线束系统有限公司 50%的股 权并募集配套资金（以下简称"本次重组"）。 2025 年 10 月 27 日，公司收到上海证券交易所（以下简称"上交所"）出具 的《关于受理渤海汽车系统股份有限公司发行股份购买资产并募集配套资金申 请的通知》（上证上审（并购重组）〔2025〕86 号），上交所依据相关规定对公 司报送的发行股份购买资产并募集配套资金的申请文件进行了核对，认为该项 申请文件齐备，符合法定形式，决定予以受理并依法进行审核。 本次重组尚需上交所审核通过以及证监会同意注册后方可实施。本次重组 能否取得上述批准和注册，以及最终取得批准和注册的时间均存在不确定性。 公司将根据本次重组的实际进展情况，严格按照有关法律法规的 ...

证券代码：600960 证券简称：渤海汽车 公告编号：2025-075 渤海汽车系统股份有限公司 | 章节 | | 修订情况 | | --- | --- | --- | | 重大事项提示 | | 更新本次交易已经取得的授权和批准、本次交易尚需取得的授权和 批准 | | 重大风险提示 | | 更新涉及本次交易已履行和尚需履行的决策程序及报批程序的相关 | | | | 风险表述 | | 第一节 | 本次交易 | 更新本次交易已经取得的授权和批准、本次交易尚需取得的授权和 | | 概况 | | 批准 | 1 关于发行股份及支付现金购买资产并募集配套资金暨 关联交易报告书（草案）（申报稿） 修订说明的公告 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。 渤海汽车系统股份有限公司（以下简称"公司"）拟通过发行股份及支付现 金的方式购买北京海纳川汽车部件股份有限公司持有的北京北汽模塑科技有限 公司 51%的股权、海纳川安道拓（廊坊）座椅有限公司 51%的股权、英纳法智 联科技（北京）有限公司 100%的股权、廊坊莱尼线束系统有限公司 50 ...