Core Viewpoint - Bohai Automotive Systems Co., Ltd. is facing significant financial challenges due to the bankruptcy of its German subsidiary BTAH, leading to a substantial loss in its 2024 financial results, with a reported net loss of 1.26 billion yuan [1][3][10]. Financial Performance - The company initially forecasted a net loss of between 400 million yuan and 495 million yuan for 2024, but the actual loss was 1.26 billion yuan, primarily due to the bankruptcy of its machining supplier and the subsequent decision to file for bankruptcy for its subsidiaries [1][3][4]. - The financial impact of the bankruptcy includes asset impairment losses, customer penalties, and employee compensation, with the company having already fulfilled 35 million euros of its guarantee obligations related to its subsidiaries [1][3][10]. Bankruptcy Decision - The decision to file for bankruptcy for Bohai International and BTAH was made on March 28, 2025, after the company assessed the financial situation and determined that continuing operations would not be viable [1][7][11]. - The bankruptcy was triggered by unforeseen events, including the ongoing Russia-Ukraine conflict and a decline in German automotive sales, which severely impacted BTAH's orders and revenue [4][12]. Legal and Regulatory Compliance - The company engaged Aderhold Law Firm to evaluate the legal basis for the bankruptcy filings, confirming compliance with German bankruptcy laws [14]. - The financial statements for Bohai International and BTAH will be prepared on a non-going concern basis, reflecting the change in operational status due to the bankruptcy [5][15]. Impairment Losses - Bohai International and BTAH have recognized significant impairment losses on their financial statements, with Bohai International reporting a total asset impairment of approximately 845 million yuan due to the bankruptcy [16][17]. - The impairment calculations were based on the liquidation values of the assets, with a comprehensive assessment conducted by independent valuation firms [17][21]. Future Outlook - The company anticipates that the bankruptcy proceedings will allow for a more structured resolution of its financial obligations and may help in preserving shareholder value in the long term [1][11]. - Ongoing monitoring and compliance with regulatory requirements will be essential as the company navigates through the bankruptcy process and its implications for future operations [10][14].

关于渤海汽车系统股份有限公司 2024 年年度报告信息披露监管 问询函的回复 请公司：（1）详细说明 1 月业绩预告与实际业绩差异较大的原因， 并自查前期信息披露的准确性与风险提示的充分性；（2）结合渤海国 际、BTAH 所在地相关法规要求的破产条件、程序、目前进展、两家 公司截至破产申请日的资产负债及主要经营情况、公司内部决策程序 等，说明公司决策其破产时点的审慎性，相关事项作为资产负债表日 后调整事项的依据；（3）按照合并报表及个体报表分别说明公司本期 渤海国际和 BTAH 相关会计科目计提减值情况及相关会计处理，以 及计提减值的具体测算过程，测算参数及其确认依据，说明本期及前 期减值计提的充分性、及时性；（4）结合现有担保责任履约情况及后 续履约义务、经营借款、对渤海国际及 BTAH 确认的长期股权投资 回复第2页 账面价值减值及前期计提超额亏损转回等情况，测算相关事项对公司 未来业绩的可能影响并进行充分风险提示，说明相关会计处理是否符 合会计准则要求，是否存在利润调节。请年审会计师对以上事项发表 明确意见，请律师对问题（2）发表意见。 公司回复： （一）详细说明 1 月业绩预告与实际业绩差异较大的原因 ...

北京德和衡律师事务所 关于 上海证券交易所《关于渤海汽车系统股份有限公司 2024年年度报告的信息披露监管问询函》相关事项的 法律意见书 德和衡证律意见〔2025〕第 00326 号 中国北京市朝阳区建国门外大街 2 号银泰中心 C 座 12 层 Tel：（+8610）85407666www.deheng.com.cn 北京德和衡律师事务所 上海证券交易所《关于渤海汽车系统股份有限公司 2024 年年度报告 的信息披露监管问询函》相关事项的 法律意见书 德和衡证律意见〔2025〕第00326号 致：渤海汽车系统股份有限公司 北京市德和衡律师事务所（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"或"渤海汽车"）的委托，就《关于渤海汽车系统股份 有限公司2024年年度报告的信息披露监管问询函》（上证公函【2025】0727号） （以下简称《问询函》）相关事项，根据《中华人民共和国公司法》《中华人民 共和国证券法》及其他有关法律、法规及规范性文件的规定，出具本法律意见书。 本所律师依据中国现行有效的或者公司的行为、有关事实发生或存在时有效 的法律、行政法规、规章和规范性文件，并基于本所律师对该等 ...

证券代码：600960 证券简称：渤海汽车 公告编号：2025-050 渤海汽车系统股份有限公司 关于对上海证券交易所《关于渤海汽车系统股份有限公司 2024 年年 度报告信息披露监管问询函》的回复公告 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"、"渤海汽车"）于近期收到上 海证券交易所上市公司管理一部下发的《关于渤海汽车系统股份有限公司 2024 年年度报告的信息披露监管问询函》（上证公函〔2025〕0727 号）（以下简称《" 问 询函》"），公司收到《问询函》后，高度重视，立即组织有关部门和相关中介机 构共同对《问询函》所述问题进行逐项落实并回复。现对《问询函》所述问题回 复公告如下： 一、关于子公司破产清算。2025 年 1 月 25 日公司披露预亏公告，预计 2024 年 实现归母净利润-4 亿元到-4.95 亿元，3 月 31 日公司更正预告，年报披露实际 归母净利润亏损 12.64 亿元。根据公司披露，本年亏损的主要原因是机加工供 应商破产，公司决定德国全资子公司渤 ...

Core Viewpoint - Bohai Automotive Systems Co., Ltd. has announced the bankruptcy application of its subsidiary BTAH, which has been formally initiated by the Halle (Saale) local court in Germany, with a temporary administrator appointed [1][2]. Group 1: Bankruptcy Application Progress - The board of directors and the supervisory board of Bohai Automotive approved the bankruptcy application for subsidiaries Bohai International and BTAH during meetings held on March 28, 2025, and April 15, 2025 [1]. - BTAH submitted its bankruptcy application to the local court in Germany, which was received on April 19, 2025, leading to the court's decision to implement temporary management of BTAH's assets [1]. - The formal initiation of the bankruptcy proceedings was announced by the Halle (Saale) local court on July 3, 2025, with creditors required to declare their claims by September 2, 2025, and a creditors' meeting scheduled for September 30, 2025 [1][2]. Group 2: Impact on the Company - The bankruptcy of BTAH is not expected to affect the normal production and operation of Bohai Automotive's existing business [2]. - The company will continue to monitor the situation and fulfill its information disclosure obligations as required [2].

证券代码：600960 证券简称：渤海汽车 公告编号：2025-049 渤海汽车系统股份有限公司 上述 BTAH 破产事项的进展不会影响公司现有业务的正常生产经营。公司将 持续关注事项进展，并按有关规定及时履行信息披露义务。敬请广大投资者注意 投资风险。 1 证券代码：600960 证券简称：渤海汽车 公告编号：2025-049 关于子公司 BTAH 申请破产的进展公告 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"）于 2025 年 3 月 28 日召开 的第九届董事会第八次会议和第九届监事会第四次会议，2025 年 4 月 15 日召开 的渤海汽车 2025 年第三次临时股东大会，审议通过了《关于子公司渤海国际和 BTAH 拟 申 请 破 产 的 议 案 》， 具 体 内 容 详 见 公 司 在 上 海 证 券 交 易 所 网 站 (http://www.sse.com.cn)披露的《关于子公司渤海国际和 BTAH 拟申请破产的提 示性公告》（公告编号：2025-017）和《渤海 ...

New Stock Issuance - The new stock "同宇新材" (code: 301630) is listed at an issuance price of 84.00[1] - "信通电子" (code: 001388) has an issuance price of 16.42[1] Rights Issues and Announcements - "济川药业" (code: 600566) has a tender offer period from June 18, 2025, to July 17, 2025[1] - "中程退" (code: 300208) has 13 trading days remaining until the last trading day[1] - "退市锦港" (code: 600190) also has 13 trading days remaining until the last trading day[1] - "恒立退" (code: 000622) has 10 trading days remaining until the last trading day[1] Abnormal Fluctuations - "浙江东日" (code: 600113) reported severe abnormal fluctuations[1] - "汇金股份" (code: 300368) is noted for abnormal fluctuations[3]

Core Viewpoint - Bohai Automobile (600960) experienced a significant increase of 6.09% in stock price, with a trading volume of 7.92 billion yuan and a turnover rate of 16.50% on the day of reporting [2][3]. Trading Activity - The stock was listed on the Shanghai Stock Exchange's "Dragon and Tiger List" due to a daily price fluctuation of 18.53%, with a total net sell of 23.19 million yuan from brokerage seats [2]. - The top five brokerage seats accounted for a total transaction of 123 million yuan, with a buying amount of 49.68 million yuan and a selling amount of 72.87 million yuan, resulting in a net sell of 23.19 million yuan [2][3]. - The largest buying brokerage was Guotai Junan Securities Headquarters, with a purchase amount of 12.69 million yuan, while the largest selling brokerage was Century Securities Shenzhen Luohu Branch, with a selling amount of 22.20 million yuan [2][3]. Fund Flow - On the day of reporting, the stock saw a net inflow of 3.93 million yuan in main funds, with a significant inflow of 8.08 million yuan from large orders, while large orders experienced a net outflow of 4.16 million yuan [3]. - Over the past five days, the main funds have seen a net inflow of 110 million yuan [3]. Financial Performance - In the first quarter, the company reported a total revenue of 999.7 million yuan, representing a year-on-year decline of 13.80%, while net profit reached 556,800 yuan, showing a year-on-year increase of 101.23% [3].

证券代码：600960 证券简称：渤海汽车 公告编号：2025-048 渤海汽车系统股份有限公司 股票交易异常波动公告 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： 渤海汽车系统股份有限公司（以下简称"公司"）股票于 2025 年 6 月 25 日、6 月 26 日、6 月 27 日连续 3 个交易日内日收盘价格涨幅偏离值累计超过 20%， 根据《上海证券交易所交易规则》的有关规定，属于股票交易异常波动情形。 公司正在筹划通过发行股份及支付现金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（以下简 称"北汽模塑"）51%的股权、海纳川安道拓（廊坊）座椅有限公司（以下简称 "廊坊安道拓"）51%的股权、英纳法智联科技（北京）有限公司（以下简称"智 联科技"）100%的股权、廊坊莱尼线束系统有限公司（以下简称"莱尼线束"） 50%的股权并募集配套资金（以下简称"本次交易"）。本次交易标的资产的审 计、评估、尽职调查等工作尚未完成，本次交易能否取得相关的批准、审核通过 ...

本公司已收到你公司(以下简称"渤海汽车")于 2025年 6月 27 日送达的《关于股票交易异常波动的问询函》。经认真核查,现回复 如下: 截至目前,除渤海汽车已披露的拟通过发行股份及支付现金方式 购买资产并募集配套资金事项外,本公司不存在涉及影响渤海汽车股 票交易异常波动的应披露而未披露的重大信息,包括但不限于重大资 产重组、股份发行、重大交易类事项、业务重组、股份回购、股权激 励、破产重整、重大业务合作、引进战略投资者等重大事项。 渤海汽车此次股票交易异常波动期间,本公司不存在买卖渤海汽 车股票的行为。 北京海纳川浩 限公司 # 27 H 北京海纳川汽车部件股份有限公司 关于对渤海汽车股票交易异常波动问询函的回函 渤海汽车系统股份有限公司: ...