Group 1 - The company Top Group announced that its 29th meeting of the fifth board of directors was held on January 27, 2026, at the company headquarters [1] - The meeting reviewed the proposal regarding the convening of the first extraordinary shareholders' meeting of 2026 [1] Group 2 - International gold prices have surpassed $5,000, marking a 280% increase over the past seven years [1] - Experts suggest that the future trajectory of gold prices will depend significantly on the U.S. dollar, with a focus on the international monetary system, interest rate cuts, and technological revolutions [1]

宁波拓普集团股份有限公司 2026年第一次临时股东会 会议材料 证券代码：601689 2026 年 2 月 12 日 | | | 一、2026 年第一次临时股东会议程 网络投票时间：自2026年2月12日至2026年2月12日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即9:15-9:25，9:30-11:30，13:00-15:00。 通过互联网投票平台的投票时间为股东会召开当日的9:15-15:00。 现场会议时间：2026年2月12日8：00 现场签到时间：2026年2月12日7：30－7：50 现场会议地点：宁波市北仑区育王山路268号公司总部 C-105 会议室 会议主持人：董事长邬建树 （一）签到 1、与会人员签到、领取会议材料，股东或股东代理人同时提交身份证明材 料（授权委托书、营业执照复印件、身份证复印件等）并领取表决票。 （二）宣布会议开始 2、主持人宣布会议开始并宣读会议出席情况 3、宣布现场会议的计票人和监票人 4、宣读大会会议须知 （三）会议议案 5、宣读议案： 8、休会15分钟，监票、计票人统计表决结果 9、主持人宣读现场会议表决 ...

（一）募集资金基本情况 经中国证券监督管理委员会下发的《关于同意宁波拓普集团股份有限公司向 特定对象发行股票注册的批复》（证监许可[2023]1443 号），公司向特定对象发 行人民币普通股（A 股）60,726,104 股，发行价格为 57.88 元/股，募集资金总额 为 3,514,826,899.52 元，扣除与本次发行有关费用人民币 16,389,101.09 元（不含 增值税），实际募集资金净额为人民币 3,498,437,798.43 元。 以上募集资金已于 2024 年 1 月 16 日全部到账，并由立信会计师事务所（特 殊普通合伙）对本次发行的募集资金到位情况进行了审验，并出具了《验资报告》 （信会师报字[2024]第 ZF10029 号）。 公司向特定对象发行 A 股股票募集资金投资项目、募集资金净额拟投入情 况如下： 招商证券股份有限公司关于宁波拓普集团股份有限公司 变更部分募投项目并延期、部分募投项目结项并将节余募集 资金永久补充流动资金的核查意见 招商证券股份有限公司（以下简称"招商证券"或"保荐机构"）作为宁波 拓普集团股份有限公司（以下简称"拓普集团"或"公司"）向特定对象发行 A ...

证券代码：601689 证券简称：拓普集团 公告编号：2026-005 宁波拓普集团股份有限公司 关于部分募集资金投资项目结项并将节余募集资金永 久补充流动资金的公告 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： 本次结项的募投项目名称：年产 150 万套轻量化底盘系统建设项目、 年产 330 万套轻量化底盘系统建设项目 由于节余募集资金低于募集资金净额 5%，根据《上海证券交易所上 市公司自律监管指引第 1 号——规范运作》等有关规定，本次节余募集资金 永久补充流动 资金事项可以免于履行董事会、股东会审议程序，亦无需保荐 机构发表意见，其使用情况应在最近一期定期报告中披露。 一、募集资金基本情况 | 发行名称 | 年公开发行可转换公司债券 2021 | | | | --- | --- | --- | --- | | 募集资金总额 | | 250,000.00 | 万元 | | 募集资金净额 | | 248,897.26 | 万元 | | 募集资金到账时间 | | 2022 | 年 月 7 | 经中国证券监督 ...

证券代码：601689 证券简称：拓普集团 公告编号：2026-004 宁波拓普集团股份有限公司 关于变更部分募集资金投资项目并延期、部分募投项 目结项并将节余募集资金永久补充流动资金的公告 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： 原项目名称：重庆年产 120 万套轻量化底盘系统和 60 万套汽车内饰功能 件项目 新项目名称：拓普集团总部研发中心升级项目、新能源智能汽车核心部 件试验中心项目 投资金额：18,080.11 万元、8,366.64 万元 变更募集资金投向的金额：17,200.00 万元、7,800.00 万元 新项目预计达到预定可使用状态的时间：2027 年 12 月 延期项目名称：重庆年产 120 万套轻量化底盘系统和 60 万套汽车内饰功 能件项目 实施期限延期后时间为：达到预定可使用状态的时间由 2026 年 1 月延长 至 2028 年 1 月 本次变更部分募集资金投资项目并延期、部分募投项目结项并将节余募 集资金永久补充流动资金事项不构成关联交易，尚需提交股东会审议 一、变更部分 ...

证券代码：601689 证券简称：拓普集团 公告编号：2026-006 宁波拓普集团股份有限公司 关于召开2026年第一次临时股东会的通知 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、 召开会议的基本情况 (一)股东会类型和届次 2026年第一次临时股东会 (四)现场会议召开的日期、时间和地点 召开的日期时间：2026 年 2 月 12 日 14 点 00 分 召开地点：宁波市北仑区育王山路 268 号公司总部 C-105 会议室 (五)网络投票的系统、起止日期和投票时间。 股东会召开日期：2026年2月12日 本次股东大会采用的网络投票系统：上海证券交易所股东会网络投票系 统 (二)股东会召集人：董事会 (三)投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结合的方 式 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2026 年 2 月 12 日 至2026 年 2 月 12 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东大会召开当日的交易 ...

证券代码：601689 证券简称：拓普集团 公告编号：2026-003 第五届董事会第二十九次会议决议公告 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个别及连带责任。 一、董事会会议召开情况 宁波拓普集团股份有限公司（以下简称"公司"）第五届董事会第二十九次会 议于 2026 年 1 月 27 日 9 时在公司总部 C-105 会议室以现场会议方式召开。公司 董秘办已于 2026 年 1 月 16 日以通讯方式发出会议通知。本次会议由董事长邬建 树先生召集并主持，会议应出席董事九名，实际出席董事九名。公司高级管理人 员列席了会议。会议的召集、召开及表决程序符合《中华人民共和国公司法》及 《公司章程》等规定，合法有效。 二、董事会会议审议情况 （一）审议通过《关于变更部分募集资金投资项目并延期的议案》 董事会同意公司将向特定对象发行A股股票募投项目"重庆年产120万套轻 量化底盘系统和60万套汽车内饰功能件项目"部分尚未投入的募集资金25,000.00 万元，投向"拓普集团总部研发中心升级项目"和"新能源智能汽车核心部件试验 中心项目 ...

Investment Rating - The report does not provide specific investment ratings for the industry sectors mentioned [2]. Core Insights - The overall industry strategy focuses on the simultaneous rise in energy storage volume and price, with ongoing themes in space and AI [3]. - The new energy vehicle supply chain is entering an upward cycle, benefiting companies like CATL and EVE Energy due to the electrification upgrade and optimization of energy storage patterns [3]. - By the end of December 2025, China's electric vehicle charging infrastructure is expected to reach 20.092 million units, a year-on-year increase of 49.7% [3]. - Global energy storage battery shipments are projected to reach 640 GWh in 2025, a year-on-year increase of 82.9%, with CATL maintaining a leading position [3][25]. - The solid-state battery sector is entering a critical phase of engineering and industrialization, with companies like Xiamen Tungsten and Peking University Technology benefiting [4]. Summary by Sections Energy Storage and New Energy - The energy storage trend continues to improve, with companies like Sungrow Power and Huaneng Power benefiting from a significant increase in domestic procurement, which exceeded 100 GWh for the first time [5]. - The average price of lithium battery storage systems has rebounded by 6.39% to 0.5226 yuan/Wh [5]. - AI expansion and global grid upgrades are driving demand for power equipment, benefiting companies like TBEA and Sanyuan Electric [5]. Lithium Carbonate and Battery Materials - The supply and demand for lithium carbonate are exceeding expectations, with companies like Salt Lake Potash and Hunan Youneng benefiting from favorable market conditions [4]. - The cost of phosphoric iron lithium cathode materials has increased, with processing fees rising by 318.7 yuan/ton compared to November averages [4][27]. AI and Robotics in New Energy - The integration of AI and humanoid robots in the new energy sector is gaining traction, with companies like Zhejiang Rongtai and Keda Li benefiting from advancements in robotics [7]. - Tesla's shift towards becoming a robotics company is expected to create new growth cycles, with significant implications for the automotive industry [7][26]. Market Trends and Projections - The report highlights that the global energy storage battery shipment is expected to reach 1,090 GWh in 2026, a year-on-year increase of 70% [25]. - The market for commercial energy storage products is evolving, with larger capacity batteries becoming mainstream and driving innovation in the sector [29].

Investment Rating - The report maintains a "Buy" rating for the automotive industry, particularly focusing on humanoid robots and aerospace sectors [2][10]. Core Insights - The humanoid robot market is expected to significantly drive the demand for rotary transformers, with a projected market size of 6.15 billion yuan by 2030 and 47.1 billion yuan by 2035, reflecting a CAGR of 85.9% from 2026 to 2035 [4][27]. - The aerospace sector is also experiencing growth, with satellite launches increasing rapidly, leading to a forecasted rotary transformer market size of 700 million yuan by 2030 and 1.8 billion yuan by 2035, with a CAGR of 22.7% from 2026 to 2035 [5][30]. Summary by Sections 1. Humanoid Robots and Aerospace Driving Rotary Transformer Market - Rotary transformers are well-suited for humanoid robots due to their strong shock resistance and durability, making them ideal for complex operational environments [4][24]. - The market for rotary transformers in humanoid robots is expected to surpass traditional markets, as they replace encoders in robotic joints [27]. 2. Market Performance of Humanoid Robots - The humanoid robot sector is anticipated to see a substantial increase in market size, driven by the need for high reliability and longevity in robotic joints [4][27]. - The report highlights the importance of rotary transformers in enhancing the performance of humanoid robots, particularly in their joints and dexterous hands [27]. 3. Market Performance of Aerospace Sector - The report notes a significant increase in satellite launches, with SpaceX planning to launch 42,000 satellites by 2033, which will boost the demand for rotary transformers in satellite attitude and orbit control systems [5][30]. - The rotary transformer market in the aerospace sector is projected to grow steadily, with increasing applications in satellite systems [30]. 4. Industry Data Tracking - The global rotary transformer market is expected to grow from approximately 4.445 billion yuan in 2024 to 11.851 billion yuan by 2031, with a CAGR of 15.3% from 2025 to 2031 [33]. - The automotive sector's rotary transformer market is projected to grow from 1.334 billion yuan in 2024 to 3.555 billion yuan by 2031 [33]. 5. Company Announcements - The report emphasizes the rapid growth of domestic companies like Yingshuo Technology, which has captured a significant market share in the rotary transformer sector, particularly in the new energy vehicle market [44][61]. - Yingshuo Technology's revenue has shown a CAGR of 176.6% from 2020 to 2022, with a strong focus on the new energy vehicle sector [44][55].

Investment Highlights - The SW auto parts index increased by 3.85% this week, ranking second in the SW auto sector, with a year-to-date increase of 9.12% [3][14] - The latest trading day PE (TTM) for SW auto parts is at the 90.08% historical percentile, while PB (LF) is at the 83.70% historical percentile [3][38] Robotics Sector Review - The Wande Robotics Index rose by 1.38% this week, with a year-to-date increase of 7.07%, underperforming the SW auto parts sector by 2.47% [4][40] - The latest trading day PE (TTM) for Wande Robotics is at the 94.65% historical percentile, and PB (LF) is at the 96.30% historical percentile [4][45] Core Coverage Stocks Weekly Performance - Notable weekly gains include: New Coordinates +36.30%, Minshi Group +25.33%, Daimai Co. +12.57%, Top Group +11.30%, and Xusheng Group +9.87% [6][52] Major Events This Week - Elon Musk announced plans to sell Tesla's humanoid robot to the public by the end of 2027 [7][46] - Yushu announced its humanoid robot sales for 2025, exceeding 5,500 units [8][46] Investment Recommendations - For auto parts, focus on structural opportunities by selecting product-oriented companies and those entering high-value sectors to increase ASP, with a priority on establishing capacities in Europe, North America, and Southeast Asia [9][57] - In robotics, seek certainty in opportunities, particularly with the anticipated release of Optimus V3 in Q1 2026, and monitor order timelines and application developments from domestic companies like Xiaopeng, Yushu, and Zhiyuan [9][57]