Core Viewpoint - The company, Weidi Co., Ltd. (603023), has recently disclosed its 2025 performance forecast and is actively pursuing a significant asset restructuring [1] Group 1: Performance Outlook - The company announced a profit warning on January 27, 2026, projecting a net profit attributable to shareholders of the parent company for 2025 to be between 2.47 million and 3.70 million, representing a year-on-year decrease of 26.81% to 51.14% [2] - The primary reasons for the decline in profit are attributed to lower gross margins from new business and increased expenses [2] - The formal annual report is expected to be released in early 2026 [2] Group 2: Restructuring Progress - On December 8, 2025, the company announced plans to acquire control of Jiangsu Jiuxing Precision Technology Co., Ltd. through a cash transaction, aiming to secure at least 51% of the voting rights, which is intended to expand its precision metal components business [3] - This transaction is initially expected to be incomplete by the end of 2025, with further attention required in 2026 regarding subsequent procedures and disclosure documents [3] Group 3: Strategic Initiatives - The company is advancing a "dual-track strategy" by divesting loss-making assets and acquiring new businesses to optimize its structure [4] - In 2026, the impact of diversified layout on revenue and profitability will be a key focus [4]

证券代码：603023 证券简称：威帝股份 公告编号：2026-003 哈尔滨威帝电子股份有限公司 关于筹划重大资产重组的进展公告 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。 一、本次重大资产重组的基本情况 哈尔滨威帝电子股份有限公司（以下简称"公司"）拟通过支付现金方式受 让胡涛、万红娟持有的江苏玖星精密科技股份有限公司（以下简称"标的公司"） 控股股东江苏智越天成企业管理有限公司 51%股权，同时支付现金受让胡涛及标 的公司其他股东持有的标的公司股权的方式，预计收购标的公司股权对应的表决 权比例不低于 51%，从而取得标的公司的控制权，本次交易完成后，标的公司将 成为公司的控股子公司，但公司最终能取得的表决权比例待各方达成正式协议后 方可确认。 根据初步测算，本次交易预计构成《上市公司重大资产重组管理办法》规定 的重大资产重组。本次交易拟采用现金方式，不涉及上市公司发行股份。本次交 易不构成关联交易，也不会导致上市公司控制权发生变更。 三、风险提示 1.本次交易尚处于筹划阶段，交易的具体方案仍需交易各方进一步协商和论 ...

Core Viewpoint - The company plans to acquire a 51% stake in Jiangsu Zhiyue Tiancheng Enterprise Management Co., Ltd. and shares in Jiangsu Jiuxing Precision Technology Co., Ltd. to gain control [1] Group 1 - The acquisition is expected to provide the company with voting rights of no less than 51% in the target companies [1] - An intention agreement was signed on December 8, 2025, and the company is currently advancing specific matters and conducting due diligence [1] - The transaction is still in the planning stage, with risks related to decision approval and potential termination of the deal [1]

Market Overview - The automotive parts sector experienced a decline of 2.05% on January 29, with Jinzhong Co. leading the drop [1] - The Shanghai Composite Index closed at 4157.98, up 0.16%, while the Shenzhen Component Index closed at 14300.08, down 0.3% [1] Top Performers - Aerospace Science and Technology (000901) saw a significant increase of 9.98%, closing at 28.09 with a trading volume of 1.3977 million shares and a transaction value of 38.36 million [1] - Liangzi Co. (662109) rose by 7.92%, closing at 142.10 with a trading volume of 182,800 shares and a transaction value of 2.559 billion [1] - Wante Technology (300176) increased by 5.31%, closing at 7.34 with a trading volume of 630,100 shares and a transaction value of 472 million [1] Underperformers - Jinzhong Co. (301133) fell by 10.11%, closing at 39.39 with a trading volume of 76,700 shares and a transaction value of 313 million [2] - Sijizhi Drive (301550) decreased by 8.42%, closing at 167.88 with a trading volume of 105,100 shares and a transaction value of 1.813 billion [2] - Weidi Co. (603023) dropped by 7.91%, closing at 5.24 with a trading volume of 468,000 shares and a transaction value of 249 million [2] Capital Flow - The automotive parts sector saw a net outflow of 3.771 billion in main funds, while retail investors contributed a net inflow of 3.618 billion [2] - The sector experienced a net inflow of 152 million from speculative funds [2] Individual Stock Capital Flow - Aerospace Science and Technology (000901) had a main fund net inflow of 1.226 billion, with a retail net outflow of 628 million [3] - New Coordinates (603040) reported a main fund net inflow of 52.48 million, while retail investors had a net outflow of 49.47 million [3] - Aikelan (300816) experienced a main fund net inflow of 51.55 million, with a retail net outflow of 50.31 million [3]

Group 1 - The company, Weidi Co., Ltd., announced a significant decrease in its expected net profit for the year 2025, projecting a range of 2.47 million to 3.70 million yuan, which represents a decline of 26.81% to 51.14% compared to the previous year's profit of 5.0555 million yuan [2] - The expected net profit after deducting non-recurring gains and losses is projected to be between 2.08 million and 3.10 million yuan, down 25.35% to 49.91% from 4.1528 million yuan in the previous year [2] - The main reasons for the profit reduction include lower gross margins from new passenger car electronic products and optical injection molded parts, a decrease in bank interest income due to reduced deposit principal and declining interest rates, and increased expenses from the addition of a new subsidiary in the consolidated financial statements [2] Group 2 - The announcement also included a significant risk warning regarding the company's subsidiary, Anhui Alpha Silicon New Energy Common Technology Research Institute Co., Ltd. (Alpha Silicon), which was acquired at the end of 2024 and has generated goodwill of 25.482 million yuan [3] - Preliminary assessments indicate that Alpha Silicon's operating performance is below expectations, and the financial data is still undergoing special evaluation and audit procedures [3] - If further impairment of goodwill is required after the evaluation and audit, it could result in a negative net profit for the company, which, combined with insufficient annual revenue of less than 300 million yuan, may lead to a delisting risk warning for the company's stock after the 2025 annual report is disclosed [3]

Core Viewpoint - Weidi Co., Ltd. (603023.SH) has announced a profit warning for the fiscal year 2025, projecting a net profit attributable to shareholders of the parent company between 2.47 million and 3.70 million yuan, indicating a decrease of 1.36 million to 2.59 million yuan compared to the previous year, which represents a year-on-year decline of 26.81% to 51.14% [1] Summary by Categories Financial Performance - The company expects a net profit for 2025 to be between 2.47 million and 3.70 million yuan, a decrease of 1.36 million to 2.59 million yuan from the previous year [1] - The anticipated decline in net profit is between 26.81% and 51.14% year-on-year [1] Reasons for Performance Change - The introduction of new passenger car electronic products and optical guide injection molded parts has resulted in lower gross margins, leading to a decline in the main business gross margin year-on-year [1] - The company's deposit principal has decreased compared to the same period last year, and due to falling interest rates, bank interest income has also decreased, resulting in an increase in financial expenses year-on-year [1] - The addition of new subsidiaries to the company's consolidated financial statements has led to an increase in expenses year-on-year [1]

Core Viewpoint - Weidi Co., Ltd. (603023.SH) has announced a profit warning for the fiscal year 2025, projecting a net profit attributable to shareholders of the parent company between 2.47 million and 3.70 million yuan, indicating a decrease of 1.3555 million to 2.5855 million yuan compared to the previous year, which represents a year-on-year decline of 26.81% to 51.14% [1] Group 1 - The primary reason for the profit warning is the introduction of new passenger car electronic products and optical injection molded parts, which have lower gross margins, leading to a decline in the gross margin of the main business year-on-year [1] - The company's deposit principal has decreased compared to the same period last year, and due to the impact of declining interest rates, bank interest income has also decreased year-on-year, resulting in an increase in financial expenses [1] - The increase in expenses year-on-year is also influenced by the addition of new subsidiaries within the scope of the company's consolidated financial statements [1]

Core Viewpoint - The company, Weidi Co., Ltd. (603023.SH), expects a significant decline in net profit for the year 2025, projecting a decrease of 26.81% to 51.14% compared to the previous year [1] Financial Performance - The projected net profit attributable to the parent company is estimated to be between 2.47 million to 3.70 million [1] - The expected net profit after deducting non-recurring gains and losses is forecasted to be between 2.08 million to 3.10 million, reflecting a year-on-year decrease of 25.35% to 49.91% [1] Reasons for Performance Decline - The introduction of new passenger car electronic products and optical guide injection molded parts has resulted in lower gross margins, leading to a decline in the main business gross margin year-on-year [1] - The company's deposit principal has decreased compared to the same period last year, and the decline in interest rates has resulted in a year-on-year reduction in bank interest income, which has increased financial expenses [1] - The addition of new subsidiaries to the consolidated financial statements has contributed to an increase in expenses year-on-year [1]

Core Viewpoint - Harbin Weidi Electronics Co., Ltd. expects a significant decrease in net profit for 2025, projecting a range of 2.47 million to 3.70 million yuan, which represents a decline of 135.55 thousand to 258.55 thousand yuan compared to the previous year, equating to a year-on-year decrease of 26.81% to 51.14% [1] Group 1 - The company’s subsidiary, Anhui Alpha Silicon New Energy Common Technology Research Institute Co., Ltd., was acquired at the end of 2024, resulting in a goodwill of 25.48 million yuan on the balance sheet [1] - Preliminary assessments indicate that Alpha Silicon's operational performance is below expectations, and as of the announcement date, the financial data evaluation and audit procedures for Alpha Silicon have not been completed [1] - If the final evaluation and audit lead to a need for further goodwill impairment, it may result in the company’s net profit attributable to the parent company turning negative, introducing uncertainty [1] Group 2 - Should the net profit be negative, combined with the company’s projected operating revenue of less than 300 million yuan for the year, the company’s stock will face delisting risk warnings after the 2025 annual report is disclosed [1]

Financial Performance Forecast - The company expects a net profit attributable to shareholders of the parent company for 2025 to be between CNY 2.47 million and CNY 3.70 million, a decrease of CNY 1.36 million to CNY 2.59 million compared to the same period last year, representing a year-on-year decline of 26.81% to 51.14%[3]. - The expected net profit after deducting non-recurring gains and losses is projected to be between CNY 2.08 million and CNY 3.10 million, a decrease of CNY 1.05 million to CNY 2.07 million compared to the previous year, reflecting a decline of 25.35% to 49.91%[6]. - The total profit for the previous year was CNY 4.52 million, with a net profit attributable to shareholders of CNY 5.06 million and a net profit after deducting non-recurring gains and losses of CNY 4.15 million[7]. Factors Affecting Profitability - The decline in net profit is attributed to the introduction of new passenger car electronic products and optical injection molded parts with lower gross margins, reduced bank interest income due to a decrease in deposit principal and falling interest rates, and increased expenses from the consolidation of new subsidiaries[8]. - The company recorded goodwill of CNY 25.48 million from the acquisition of Anhui Alpha Silicon New Energy Co., Ltd., which has underperformed, raising concerns about potential goodwill impairment that could lead to a negative net profit[4]. Risks and Uncertainties - If the net profit turns negative, combined with the company's operating revenue being below CNY 300 million, there is a risk of stock delisting warnings after the 2025 annual report disclosure[9]. - The performance forecast is based on preliminary calculations by the company's finance department and has not been audited by certified public accountants, indicating a level of uncertainty[9]. - Investors are advised to pay attention to investment risks due to the preliminary nature of the forecast data, which will be finalized in the audited 2025 annual report[11]. Audit and Compliance - The company has communicated with its annual audit accounting firm regarding the accounting treatment of the aforementioned matters and will follow up based on subsequent developments[10].