证券代码：600960 证券简称：渤海汽车 公告编号：2025-077 渤海汽车系统股份有限公司 关于公司高级管理人员离任的公告 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。 王仁贞先生的离任不会对公司日常生产经营产生不利影响，并自其辞职报告 送达公司董事会之日起生效。 王仁贞先生在公司担任常务副总经理期间，勤勉尽责、认真履职，公司及董 事会对王仁贞先生任职期间为公司经营发展做出的贡献表示衷心的感谢！ 特此公告。 渤海汽车系统股份有限公司董事会 渤海汽车系统股份有限公司（以下简称"公司"）董事会近日收到公司常务 副总经理王仁贞先生递交的辞职报告。王仁贞先生因工作调整原因申请辞去公司 常务副总经理职务，除了其所兼任的外派董事等职务尚需逐步有序办理退出与变 更手续以外，其辞职后将不再在公司担任职务。 一、高级管理人员离任情况 | 姓名 | 离任职务 | 离任时间 | | 原定任期到 | | 是否继续在上市 | 具体职务 | 是否存在未 履行完毕的 | | --- | --- | --- | --- | --- | --- | - ...

Group 1 - The company announced the resignation of its Executive Vice President, Wang Renzhen, due to work adjustments [2] - Wang Renzhen will no longer hold any position in the company after his resignation, except for external director roles that will be gradually processed [2] - The board of directors received the resignation report recently [2]

Core Viewpoint - The company has released its third-quarter report for 2025, ensuring the accuracy and completeness of the financial information presented, and has announced plans for an investor meeting to discuss the results and address investor inquiries [19][20][21]. Financial Data - The third-quarter financial statements have not been audited, and the report covers the period from the beginning to the end of the quarter [3][18]. - The company has provided key financial data and indicators in the report, although specific figures are not detailed in the provided text [3]. Non-Recurring Gains and Losses - The report indicates that there are applicable non-recurring gains and losses, but specific amounts and details are not provided [4]. Shareholder Information - The company has disclosed information regarding its major shareholders, including the total number of ordinary shareholders and the status of the top ten shareholders [5]. Major Events and Developments - The company’s board has approved several significant resolutions, including borrowing from the controlling shareholder and pledging assets, with a loan amount of 453.16 million yuan [6][7]. - The company has also approved capital reductions for its wholly-owned subsidiaries and is in the process of handling related formalities [7]. - The company has announced plans for a restructuring involving the acquisition of stakes in several subsidiaries from its controlling shareholder [7]. Legal Matters - The company is involved in various legal proceedings, including lawsuits related to guarantees and loan recoveries, with some cases currently in execution [8][9][10][11][12][14][16]. - A significant case involves the former general manager of a subsidiary who misappropriated funds, resulting in a court ruling for compensation [12][16]. Investor Communication - The company will hold an investor meeting on November 24, 2025, to discuss the third-quarter results and answer questions from investors [20][21][22].

Core Insights - Bohai Automobile (600960.SH) reported a revenue of 2.367 billion yuan for the first three quarters of 2025, representing a year-on-year decline of 28.41% [1] - The company achieved a net profit attributable to shareholders of 210 million yuan, marking a turnaround from a loss [1] - The non-recurring net profit showed a loss of 53.52 million yuan, indicating ongoing challenges in core operations [1] - Basic earnings per share stood at 0.2211 yuan [1]

Core Viewpoint - Bohai Automobile (600960.SH) reported a significant decline in revenue for the first three quarters of 2025, while achieving a turnaround in net profit compared to the previous year [1] Financial Performance - The total operating revenue for the first three quarters of 2025 was 2.367 billion yuan, representing a year-on-year decrease of 28.41% [1] - The net profit attributable to shareholders of the parent company was 210 million yuan, a recovery from a loss of 190 million yuan in the same period last year [1] - The basic earnings per share stood at 0.2211 yuan [1]

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].