Market Overview - The automotive parts sector increased by 1.54% on October 21, with Shentong Technology leading the gains [1] - The Shanghai Composite Index closed at 3916.33, up 1.36%, while the Shenzhen Component Index closed at 13077.32, up 2.06% [1] Top Gainers in Automotive Parts Sector - Shentong Technology (605228) closed at 18.82, up 9.99% with a trading volume of 280,000 shares and a transaction value of 511 million [1] - Bohai Automobile (600960) closed at 6.07, up 9.96% with a trading volume of 618,600 shares and a transaction value of 365 million [1] - Shenda Co. (600626) closed at 5.31, up 9.94% with a trading volume of 408,100 shares and a transaction value of 211 million [1] - Hengbo Co. (301225) closed at 92.13, up 8.85% with a trading volume of 27,300 shares and a transaction value of 245 million [1] - Biaobang Co. (301181) closed at 40.12, up 8.43% with a trading volume of 87,500 shares and a transaction value of 337 million [1] Market Capital Flow - The automotive parts sector saw a net inflow of 1.371 billion in main funds, while retail funds experienced a net outflow of 669 million and 703 million respectively [2] - The overall trend indicates a strong interest from institutional investors compared to retail investors [2] Individual Stock Fund Flow - Top fund inflow for Top Group (601689) was 592 million, with a net outflow from retail investors of 426 million [3] - Junsheng Electronics (600699) had a net inflow of 405 million from main funds, while retail investors saw a net outflow of 519 million [3] - New Spring Co. (603179) recorded a net inflow of 154 million from main funds, with retail investors experiencing a net outflow of 113 million [3]

Core Viewpoint - Bohai Automobile (SH600960) experienced a trading halt with a price increase of 9.96% to 6.07 CNY, resulting in a total market capitalization of 5.77 billion CNY, driven by significant asset restructuring and improved financial performance [1][2]. Company Summary - Bohai Automobile announced a major asset restructuring involving the acquisition of equity stakes in four auto parts companies from its controlling shareholder, with a total transaction value of 2.728 billion CNY [2]. - The company's preliminary revenue for the first four months of 2025 increased from 1.22 billion CNY to 3.17 billion CNY, with an expected annual revenue growth from 4.23 billion CNY to 9.28 billion CNY, indicating substantial business expansion [2]. - The net profit for the first half of 2025 turned from a loss of 126 million CNY to a profit of 301 million CNY, with operating cash flow increasing by 129.95% year-on-year to 169 million CNY, reflecting improved financial health [2]. - The controlling shareholder's stake will increase from 23.04% to 54.98%, providing additional resource support and a performance compensation mechanism for the acquired assets [2]. Industry Summary - The auto parts sector has gained market attention recently, with active trading in related stocks, including Bohai Automobile, which was included in the "Dragon and Tiger List" on October 15, 2025, with a trading volume of 241 million CNY [2]. - Technical indicators, such as MACD, suggest potential bullish signals for the stock price, attracting more investor interest and capital inflow [2].

证券代码：600960 证券简称：渤海汽车 公告编号：2025-073 （网址：https://roadshow.sseinfo.com/） 一、 说明会类型 渤海汽车系统股份有限公司 关于召开重大资产重组事项投资者说明会的公告 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。 渤海汽车系统股份有限公司（以下简称"公司"）已于 2025 年 9 月 30 日在 上海证券交易所网站披露了《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报告书（草案）》等相关事项的公告。 为便于广大投资者更加全面深入地了解公司本次交易的相关情况，公司将通 过网络互动方式召开本次重大资产重组事项投资者说明会，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 证券代码：600960 证券简称：渤海汽车 公告编号：2025-073 公司副董事长、财务总监、董事会秘书；北京海纳川汽车部件股份有限公司 总裁、财务负责人等；以及独立财务顾问等相关中介机构（如有特殊情况，参会 人员将可能进行调整） ...

Group 1 - Huajian Group, a market focus stock, opened high at 3.93% after experiencing five consecutive trading days of gains [1] - Guoguang Chain, a retail stock, opened low at 3.97% after three consecutive trading days of gains [1] - Dayou Energy, a low-priced stock, opened high at 1.65% after three consecutive trading days of gains [1] - Guo New Energy opened high at 7.57% after two consecutive trading days of gains [1] - China Nuclear Engineering, a controllable nuclear fusion concept stock, opened low at 2.42% after five consecutive trading days of gains [1] - Bohai Automobile, a JD Auto concept stock, opened high at 9.80% after three consecutive trading days of gains [1] - Yaopi Glass, a photovoltaic sector stock, opened high at 1.77% after two consecutive trading days of gains [1] - Xinong Co., a pesticide stock, opened high at 0.04% after two consecutive trading days of gains [1] - Yuanda Holdings opened high at 10.05% after two consecutive trading days of gains [1] - Jingquanhua, an IDC power supply concept stock, reached a limit-up in bidding after two consecutive trading days of gains [1] - Sifang Co. opened high at 7.15% after two consecutive trading days of gains [1]

Core Viewpoint - Bohai Automotive Systems Co., Ltd. held its fourth extraordinary general meeting of shareholders on October 15, 2025, where all proposed resolutions were approved without any objections [2][4][8]. Meeting Details - The meeting was convened at the company's conference room located at 569 Bohai 21st Road, Binzhou, Shandong Province [2]. - All nine current directors and three supervisors attended the meeting, along with the company secretary and senior management [3]. Voting and Resolutions - The meeting utilized a combination of on-site and online voting, complying with the Company Law and the company's articles of association [2]. - All resolutions related to the issuance of shares and cash payment for asset acquisitions were approved, including the overall transaction plan and various sub-proposals regarding share types, pricing, and lock-up periods [4][5][6][7][8][9][10]. Legal and Compliance - The meeting was witnessed by Beijing Deheheng Law Firm, which confirmed that the meeting's procedures and voting results were legal and valid [10]. - The company conducted a self-examination regarding insider trading related to the transaction, confirming that no insider trading occurred during the specified period [12][13][35][36][37]. Transaction Overview - The company plans to acquire 51% of the shares of Beijing Beiqi Mould Technology Co., Ltd., 51% of the shares of Hainachuan Andautuo (Langfang) Seat Co., Ltd., 100% of the shares of Inafa Intelligent Technology (Beijing) Co., Ltd., and 50% of the shares of Langfang Laini Wiring System Co., Ltd. through a combination of share issuance and cash payment [12][13]. Insider Trading Self-Examination - The self-examination period for insider trading was set from November 30, 2024, to September 29, 2025, covering all relevant insiders [13][15]. - Various insiders, including directors and related personnel, confirmed that their trading activities were based on public information and did not involve any insider information [16][19][23][27][32]. Independent Advisor Opinions - The independent financial advisor, CITIC Securities Co., Ltd., concluded that the trading activities of insiders during the self-examination period did not constitute insider trading and would not pose legal obstacles to the transaction [36]. - The legal advisor, Beijing Jindu Law Firm, also affirmed that the insider trading activities were compliant and did not present substantial legal barriers to the transaction [37].

Core Viewpoint - Bohai Automobile (600960) experienced a trading halt today with a daily turnover rate of 4.18% and a transaction amount of 241 million yuan, indicating significant market interest [1][2] Trading Activity - The stock was listed on the Shanghai Stock Exchange's "Dragon and Tiger List" due to a daily price deviation of 8.86%, with a net buying amount of 23.9985 million yuan from brokerage seats [1] - The top five brokerage seats accounted for a total transaction of 75.2365 million yuan, with a buying amount of 49.6175 million yuan and a selling amount of 25.6190 million yuan, resulting in a net buying of 23.9985 million yuan [1] - The largest buying brokerage was Huaxin Securities with a purchase amount of 26.0195 million yuan, while the largest selling brokerage was Guotai Junan Securities with a selling amount of 7.7483 million yuan [1][2] Fund Flow - The stock saw a net inflow of 23.3492 million yuan from main funds today, with a significant inflow of 27.5112 million yuan from large orders, while large orders experienced a net outflow of 4.1620 million yuan [2] - Over the past five days, the main funds have seen a net inflow of 129 million yuan [2] Financial Performance - For the first half of the year, Bohai Automobile reported a total revenue of 1.712 billion yuan, a year-on-year decrease of 26.46%, while net profit reached 301 million yuan, reflecting a year-on-year increase of 365.97% [2]

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 内幕信息知情人股票交易自查情况之 专项核查意见 致：渤海汽车系统股份有限公司 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司重大 资产重组管理办法（2025 修正）》《律师事务所证券法律业务执业规则（试行）》 等法律、行政法规、部门规章和规范性文件的相关规定，北京市金杜律师事务所 （以下简称本所）接受渤海汽车系统股份有限公司（以下简称渤海汽车或上市公 司）的委托，担任渤海汽车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（以下简称海纳川）持有的北京北汽模塑科技有限公司 51%股 权、海纳川安道拓（廊坊）座椅有限公司 51%股权、英纳法智联科技（北京）有 限公司 100%股权、廊坊莱尼线束系统有限公司 50%股权并向不超过 35 名（含） 符合条件的特定对象发行股份募集配套资金（以下简称本次交易或本次重组）项 目的专项法律顾问。就本次交易相关法律事项，本所已于 2025 年 9 月 29 日出具 《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 ...

中信建投证券股份有限公司 关于渤海汽车系统股份有限公司本次交易相关内幕知情人 买卖股票情况的自查报告的核查意见 渤海汽车系统股份有限公司（以下简称"上市公司"、"渤海汽车"）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（以下简称 "海纳川"）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"本次交易"）。 根据《上市公司重大资产重组管理办法》《公开发行证券的公司信息披露内 容与格式准则第 26 号——上市公司重大资产重组》《上市公司监管指引第 5 号— —上市公司内幕信息知情人登记管理制度》《监管规则适用指引——上市类第 1 号》《上市公司监管指引第 7 号——上市公司重大资产重组相关股票异常交易监 管》及监管部门的相关要求，中信建投证券股份有限公司（以下简称"中信建投 证券"或"独立财务顾问"）作为本次交易的独立财务顾问，对上市公司本次交 易相关内幕信息知情人买卖股票情况的自查报告进行了核查，具体情况如下： 一、本次交易的内幕信 ...

证券代码：600960 证券简称：渤海汽车 公告编号：2025-071 渤海汽车系统股份有限公司（以下简称"上市公司"或"渤海汽车"）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（以下简称 "海纳川"）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"本次交易" 或"本次重组"）。 根据《上市公司重大资产重组管理办法》《公开发行证券的公司信息披露内 容与格式准则第 26 号——上市公司重大资产重组》《上市公司监管指引第 5 号— —上市公司内幕信息知情人登记管理制度》及《监管规则适用指引——上市类第 1 号》《上市公司监管指引第 7 号——上市公司重大资产重组相关股票异常交易 监管》等文件的规定，上市公司对本次交易相关内幕信息知情人买卖渤海汽车股 票的情况进行了核查，具体情况如下： 一、本次交易的内幕信息知情人买卖股票情况自查期间 本次交易的内幕信息知情人的自查期间为上市公司就本次重组首次申请股 票停牌前六个月至重组报告书披露之前 ...

北京德和衡律师事务所 关于渤海汽车系统股份有限公司 召开2025年第四次临时股东大会的 法律意见书 德和衡证见意见（2025）第00199号 中国·北京市朝阳区建国门外大街 2 号银泰中心 C 座 11、12 层 电话：(+8610)85407666 邮编：100022 网址：www.deheheng.com Tel：(+8610)85407666 邮编：100022 中国北京市朝阳区建国门外大街 2 号北京银泰中心 C 座 11 层、12 层 www.deheheng.com 北京德和衡律师事务所 关于渤海汽车系统股份有限公司 召开2025年第四次临时股东大会的 法律意见书 德和衡证见意见（2025）第00199号 致：渤海汽车系统股份有限公司 北京德和衡律师事务所（以下简称"本所"）接受渤海汽车系统股份有限公 司（以下简称"公司"）的委托，指派本所律师出席公司 2025 年第四次临时股 东大会（以下简称"本次股东大会"），本所律师根据《中华人民共和国公司法》 （以下简称"《公司法》"）、《上市公司股东大会规则》（以下简称"《股东 大会规则》"）、《渤海汽车系统股份有限公司章程》（以下简称"《公司章程》"） ...