Group 1 - The company has announced a 2025 employee stock ownership plan targeting middle management and key personnel, with a total of up to 3 million shares and a fundraising amount not exceeding 16.32 million yuan, representing 0.76% of the current total share capital [1] - The company plans to establish a wholly-owned subsidiary in Japan with an investment of 10 million yuan (or equivalent foreign currency) to enhance its international competitiveness and deepen its presence in the Asia-Pacific market [1][3] - The employee stock ownership plan includes performance assessment indicators based on revenue growth, with targets of at least 20% for 2025 and 38% for 2026, reflecting the company's confidence in sustained high growth [1] Group 2 - The company operates in the seating industry, focusing on three main business segments: construction machinery and commercial vehicle seats, passenger vehicle seats, and aviation seats, utilizing a "vertical integration + horizontal collaboration" development model [2] - The passenger vehicle seat business has seen significant growth, with revenue reaching 521 million yuan in the first half of the year, a year-on-year increase of 59.65%, supported by over 1.07 million cumulative models [3] - The company is expanding its production base in various locations, including Wuhan, Chuzhou, Jinan, and Xiangtan, and has invested in Changsha Huacheng Automotive Parts Co., Ltd. to better serve local customers [3] Group 3 - The Japanese engineering machinery market is expected to grow steadily, with a projected revenue of 14.08 billion USD by 2030, and the company aims to leverage existing customer relationships to enter this market [4] - The growth in passenger vehicle seat sales, particularly in high-value new energy vehicle seats, is anticipated to drive profitability, while commercial vehicle and engineering machinery seat sales are expected to recover gradually [4][5] - The company is actively exploring new business opportunities in the low-altitude economy, collaborating with leading enterprises in the sector to leverage its expertise in lightweight materials and certification processes [5]

Core Insights - The total import and export value of China's automotive seat industry is projected to reach $423 million in 2024, reflecting a year-on-year increase of 9.8% [1] - The trade surplus for automotive seats in 2024 is estimated at $363 million, with imports valued at $30.37 million and exports at $393 million [1] Import Overview - The import value of automotive seats in China for 2024 is $30.37 million, showing a decline of 25.3% compared to the previous year [2] - The quantity of imported automotive seats is on the rise, with 113,100 units imported in 2024, marking a year-on-year increase of 36.4% [2] Major Import Sources - Key countries supplying automotive seats to China in 2024 include Poland ($7.75 million, 25.51%), Turkey ($4.19 million, 13.79%), and Italy ($3.36 million, 11.07%) [5] Export Overview - The export value of automotive seats from China is projected to be $393 million in 2024, representing a year-on-year growth of 13.9% [7] - The quantity of exported automotive seats is expected to reach 6.85 million units in 2024, with an increase of 8.7% compared to the previous year [7] Major Export Destinations - The primary export markets for automotive seats include Iran ($8.92 million, 22.72%) and the United States ($5.08 million, 12.95%) in 2024 [9]

Core Viewpoint - The company Tiancheng Automation (603085) plans to enhance its international competitiveness and service capabilities by establishing a wholly-owned subsidiary in Japan and investing in a warehousing center and production base [1] Investment Plan - The project is set to invest no more than 10 million RMB (or equivalent foreign currency), which includes but is not limited to leasing or constructing factory buildings and purchasing fixed assets [1]

Group 1 - The company plans to establish or invest in a wholly-owned subsidiary in Japan and invest in a storage center and production base [1] - The total planned investment for this project is not to exceed 10 million yuan, which includes leasing or constructing factory buildings and purchasing fixed assets [1]

Core Viewpoint - Tiancheng Automation (603085.SH) has disclosed a draft for its 2025 employee stock ownership plan, aimed at incentivizing core employees through stock ownership [1] Summary by Relevant Sections Employee Stock Ownership Plan - The plan targets core employees of the company and its subsidiaries, with a total participation not exceeding 11 individuals [1] - The shares for the plan will come from the company's repurchased shares held in a dedicated securities account [1] - The plan is subject to approval by the company's shareholders' meeting and will involve the transfer of up to 3 million shares at a price of 5.44 yuan per share [1] - The duration of the plan is set for 36 months, starting from the date of approval and the last transfer of shares to the plan [1]

Core Viewpoint - The company Tiancheng Automation (603085.SH) plans to establish a wholly-owned subsidiary in Japan and invest in a warehousing center and production base, with a total investment not exceeding 10 million yuan [1] Group 1: Investment Plans - The project includes investments in leasing or constructing factory buildings and acquiring fixed assets [1] - The total planned investment for this project is capped at 10 million yuan, which is approximately 1.4 million USD [1]

Core Viewpoint - Tiancheng Automation (603085.SH) has disclosed a draft for its 2025 employee stock ownership plan, aimed at incentivizing core employees through stock ownership [1] Summary by Categories Employee Stock Ownership Plan - The plan targets core employees of the company and its subsidiaries, with a maximum participation of 11 individuals [1] - The shares for the plan will come from the company's repurchased shares held in a dedicated securities account [1] - The total number of shares to be transferred under this plan will not exceed 3 million shares, with a transfer price set at 5.44 yuan per share [1] - The duration of the stock ownership plan is set for 36 months, starting from the date the plan is approved by the company's shareholders' meeting and the last transfer of shares to the plan [1]

浙江天成自控股份有限公司 第一条 为规范浙江天成自控股份有限公司（以下简称"天成自控"或"公 司"）2025 年员工持股计划（以下简称"员工持股计划""本员工持股计划"）的 实施，根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民 共和国证券法》（以下简称"《证券法》"）、《中国证监会关于上市公司实施员 工持股计划试点的指导意见》（以下简称"《指导意见》"）、《上海证券交易所 上市公司自律监管指引第 1 号——规范运作》（以下简称"《自律监管指引》"） 等相关法律、行政法规、规章、规范性文件和《公司章程》之规定，特制定本管理 办法。 第二章 员工持股计划的制定 第二条 员工持股计划所遵循的基本原则 （一）依法合规原则 公司实施本员工持股计划，严格按照法律、行政法规的规定履行程序，真实、 准确、完整、及时地实施信息披露。任何人不得利用本员工持股计划进行内幕交 易、操纵证券市场等证券欺诈行为。 （二）自愿参与原则 公司实施员工持股计划遵循公司自主决定，员工自愿参加，公司不以摊派、强 行分配等方式强制员工参加本员工持股计划。 2025 年员工持股计划管理办法 第一章 总则 （三）风险自担原则 本员工 ...

证券代码：603085 证券简称：天成自控 浙江天成自控股份有限公司 2025 年员工持股计划 （草案） 浙江天成自控股份有限公司 二〇二五年九月 声明 本公司及董事会全体成员保证本员工持股计划草案及其摘要不存在虚假记 载、误导性陈述或重大遗漏，并对其真实性、准确性、完整性承担法律责任。 - 2 - 风险提示 一、本员工持股计划需公司股东大会审议通过后方可实施，本员工持股计划 能否获得公司股东大会批准，存在不确定性。 二、有关本员工持股计划的具体参与人数、资金来源及出资规模、实施方案 等属初步结果，能否完成实施，存在不确定性。 三、若员工认购资金较低，则本员工持股计划存在无法成立的风险；若员工 认购资金不足，本员工持股计划存在低于预计规模的风险。 四、本员工持股计划中有关公司业绩考核指标的描述不代表公司的业绩预测， 亦不构成业绩承诺。 五、股票价格受公司经营业绩、宏观经济周期、国际/国内政治经济形势及 投资者心理等多种复杂因素影响。因此，股票交易是有一定风险的投资活动，投 资者对此应有充分准备。 六、公司后续将根据规定披露相关进展情况，敬请广大投资者谨慎决策，注 意投资风险。 - 3 - 特别提示 本部分内容 ...

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： 交易实施尚需履行的审批及其他相关程序 浙江天成自控股份有限公司（以下简称"公司"）于 2025 年 9 月 26 日召开 第五届董事会第二十二次会议审议通过《关于公司对外投资设立海外子公司的议 案》，本事项无需提交公司股东大会审议。 风险提示： 1、公司本次在海外投资设立子公司的事项，尚需获得监管部门的备案或审 批，以及在海外办理登记注册等相关手续。能否取得相关的备案或审批，以及最 终取得备案或审批的时间尚存在不确定性。 证券代码：603085 证券简称：天成自控 公告编号：2025-066 浙江天成自控股份有限公司 关于对外投资设立海外子公司的公告 2、因日本的法律制度、政策体系、商业环境、文化特征均与国内存在差异， 本次对外投资存在一定的管理、市场等方面的运营风险，因此本次对外投资能否 达到公司预期效果存在不确定性。公司管理层在董事会的授权下，将深入了解和 熟悉海外所属地区的法律体系、行业的政策规划和市场环境等相关事项，尽可能 降低经营风险。 一、对外投资概述 ...