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： 德力佳传动科技（江苏）股份有限公司（以下简称"公司"）股票价格于 2025 年 11 月 18 日、2025 年 11 月 19 日、2025 年 11 月 20 日连续 3 个交易日内收盘 价格涨幅偏离值累计超 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。截至 2025 年 11 月 20 日收盘，公司市盈率为 56.40， 市净率为 8.54。根据中证指数有限公司发布的中上协行业分类市盈率显示，公司 所属的行业分类"通用设备制造业"最新的静态市盈率为 42.27，市净率为 3.26。 公司市盈率、市净率指标高于同行业平均水平。 经公司自查并向控股股东及实际控制人核实，截至本公告披露日，公司、控 股股东及实际控制人均不存在筹划可能对公司股票交易价格产生较大影响的重 大事项；不存在涉及本公司的其他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、 ...

Core Viewpoint - The company announced that its stock price has deviated significantly, with a cumulative increase of over 20% in closing prices over three consecutive trading days, indicating abnormal trading fluctuations [1] Summary by Relevant Sections - **Stock Price Fluctuation** The company's stock price has experienced a significant increase, with a cumulative rise exceeding 20% over three trading days, which is classified as an abnormal trading situation [1] - **Company's Self-Examination** Following a self-examination and verification with the controlling shareholder and actual controller, the company confirmed that there are no major matters that could significantly impact the stock price, nor are there any undisclosed significant information related to the company [1] - **Disclosure of Major Events** The company stated that there are no ongoing major events that require disclosure, including but not limited to major asset restructuring, share issuance, significant transactions, business restructuring, share buybacks, equity incentives, bankruptcy reorganization, major business cooperation, or introduction of strategic investors [1]

Market Overview - The wind power equipment sector experienced a decline of 0.86% on November 20, with Changyou Technology leading the drop [1] - The Shanghai Composite Index closed at 3931.05, down 0.4%, while the Shenzhen Component Index closed at 12980.82, down 0.76% [1] Stock Performance - Notable gainers in the wind power equipment sector included: - Delijia (603092) with a closing price of 75.27, up 8.54% and a trading volume of 123,800 shares, totaling 918 million yuan [1] - Feiwo Technology (301232) closed at 50.70, up 2.47% with a trading volume of 49,600 shares, totaling 252 million yuan [1] - Electric Wind Power (688660) closed at 16.09, up 1.45% with a trading volume of 207,100 shares, totaling 332 million yuan [1] - Conversely, Changyou Technology (301557) saw a significant decline of 6.30%, closing at 119.53 with a trading volume of 21,400 shares, totaling 264 million yuan [2] Capital Flow - The wind power equipment sector experienced a net outflow of 295 million yuan from institutional investors, while retail investors saw a net inflow of 238 million yuan [2] - The capital flow for key stocks showed: - Delijia had a net inflow of 114 million yuan from institutional investors, while retail investors had a net outflow of 33.97 million yuan [3] - Feiwo Technology had a net inflow of 27.58 million yuan from institutional investors, with retail investors experiencing a net outflow of 40.12 million yuan [3]

Core Insights - The wind power equipment sector experienced a slight decline of 0.14% on November 19, with Zhonghuan Hailu leading the losses [1][2] - The Shanghai Composite Index closed at 3946.74, up 0.18%, while the Shenzhen Component Index closed at 13080.09, unchanged [1] Stock Performance - Notable gainers in the wind power equipment sector included: - Changyou Technology (301557) with a closing price of 127.57, up 8.48% on a trading volume of 22,000 shares and a turnover of 269 million yuan [1] - Delijia (603092) closed at 69.35, up 4.73% with a trading volume of 75,000 shares and a turnover of 516 million yuan [1] - Feiwo Technology (301232) closed at 49.48, up 3.32% with a trading volume of 46,700 shares and a turnover of 233 million yuan [1] - Major decliners included: - Zhonghuan Hailu (301040) closed at 22.90, down 3.42% with a trading volume of 30,700 shares and a turnover of 70.84 million yuan [2] - Electric Wind Power (688660) closed at 15.86, down 3.41% with a trading volume of 218,800 shares [2] - Hongde Co., Ltd. (301163) closed at 28.87, down 3.28% with a trading volume of 14,300 shares [2] Capital Flow - The wind power equipment sector saw a net outflow of 280 million yuan from institutional investors, while retail investors contributed a net inflow of 234 million yuan [2][3] - Key stocks with significant capital flow included: - Zhongchuan Technology (600072) with a net inflow of 68.30 million yuan from institutional investors [3] - Jinfeng Technology (002202) with a net inflow of 30.83 million yuan from institutional investors [3] - Feiwo Technology (301232) with a net inflow of 26.27 million yuan from institutional investors [3]

Group 1: Stock Market Activity - On the institutional trading list, 43 stocks were featured, with 19 seeing net purchases and 24 experiencing net sales [1] - The top three stocks with the highest net purchases were Yongtai Technology (365 million), Chuling Information (188 million), and Delijia (125 million) [1] - Chuling Information has a clear focus on AI Agent development, particularly in network operation and customer service applications [1] Group 2: AI Applications - Fushi Holdings is developing an AI intelligent customer service platform utilizing 5G messaging to create a Chatbot platform for enterprise clients [1] - Vision China, a provider of visual content and services, has launched an AI-driven intelligent search engine [1] - Ant Group's new AI assistant "Lingguang" can generate applications in natural language within 30 seconds, marking a significant advancement in AI capabilities [1][2] Group 3: AI Market Trends - The public beta of Qianwen App saw a rapid rise in the iOS free app rankings, indicating strong market interest [2] - Google's upcoming Gemini 3.0 AI model is generating significant industry attention, with predictions of its release this week [2][3] - Huatai Securities anticipates that Alibaba's increased investment in consumer-facing AI applications will lead to sustained growth in data center energy consumption [2] Group 4: Hainan Free Trade Port - The General Administration of Customs held a briefing on the support for the construction of the Hainan Free Trade Port, with the full operation set to commence on December 18 [4]

Core Viewpoint - The stock of Delijia (603092) experienced a significant increase of 5.94% today, with a turnover rate of 31.10% and a trading volume of 681 million yuan, indicating strong market interest and activity [2]. Trading Activity - The stock was listed on the Shanghai Stock Exchange's watchlist due to its turnover rate reaching 31.10%, with institutional investors net buying 125 million yuan [2]. - The top five trading departments accounted for a total transaction volume of 301 million yuan, with a net buying amount of 177 million yuan [2]. - Among the trading departments, one institutional seat was noted for a net purchase of 125 million yuan [2]. Fund Flow - The stock saw a net inflow of 16.99 million yuan from major funds today, with large orders contributing a net inflow of 16.04 million yuan [2]. - Over the past five days, the stock experienced a net outflow of 67.97 million yuan from major funds [2]. Financial Performance - According to the third-quarter report released on November 6, the company achieved a revenue of 4.059 billion yuan for the first three quarters, representing a year-on-year growth of 66.37% [2]. - The net profit for the same period was 630 million yuan, reflecting a year-on-year increase of 64.96% [2].

Market Overview - As of November 18, the Shanghai Composite Index closed at 3939.81 points, down 32.22 points, a decline of 0.81% [1] - The Shenzhen Component Index closed at 13080.49 points, down 121.52 points, a decline of 0.92% [1] - The ChiNext Index closed at 3069.22 points, down 35.98 points, a decline of 1.16% [1] High Turnover Stocks - A total of 100 A-shares had a turnover rate exceeding 20% on November 18, with six stocks, including Beikong Detection and C Hengkong, having turnover rates above 50% [1] - Beikong Detection (stock code: 920160) had a closing price of 26.50 yuan and a turnover rate of 88.46%, with a price increase of 295.52% [1] - C Hengkong (stock code: 688727) closed at 61.55 yuan, with a turnover rate of 81.36% and a price increase of 310.61% [1] - Other notable stocks with high turnover rates include C Nanshu (75.35% turnover, 224.78% increase) and Zhongfutong (53.96% turnover, -3.19% decrease) [1] Additional High Turnover Stocks - Other stocks with significant turnover rates include: - Xue Ren Group (50.33% turnover, -2.55% decrease) [1] - Jianglong Boat (46.42% turnover, -2.02% decrease) [1] - Xuanya International (44.73% turnover, 20.01% increase) [1] - Hongxiang Co. (44.63% turnover, 5.98% increase) [1] - The list continues with various companies showing diverse performance in terms of turnover and price changes [2][3][4]

Group 1 - The company has successfully exported its wind turbine main gearboxes indirectly to multiple overseas countries through wind turbine manufacturers, receiving positive feedback [2] - The company is currently in the process of developing direct overseas customers, with updates to be provided in future announcements [2]

Core Viewpoint - Deleja Transmission Technology (Jiangsu) Co., Ltd. has approved adjustments to its fundraising investment projects, including the addition of implementation locations for its large onshore wind turbine gearbox project, which aims to enhance operational efficiency and adapt to technological advancements [1][4]. Fundraising Overview and Adjustment Background - The company completed its initial public offering in November 2025, raising a total of 1.867 billion yuan, with a net amount of 1.774 billion yuan after deducting issuance costs [2]. - Due to the actual net amount being lower than planned, the company adjusted the investment amounts for its two major fundraising projects, with the shortfall to be covered by self-funding [2]. - The total investment for the two projects is 2.524671 billion yuan, with adjusted fundraising amounts of 1.7742574 billion yuan [2]. Implementation Location Addition and Investment Detail Adjustment - The company has added two new implementation locations for the "Annual Production of 1,000 Units of 8MW and Above Large Onshore Wind Turbine Gearbox Project," which are adjacent to the original site, aimed at optimizing resource allocation and accelerating project progress [2][3]. Internal Investment Detail Optimization for Technological Iteration - The company will procure more suitable equipment due to technological advancements since the feasibility study was conducted, ensuring that the project remains viable and profitable without changing the total investment amount [3]. Impact of Adjustments and Opinions from Stakeholders - The adjustments are based on actual project progress and industry changes, aimed at improving the efficiency of fundraising usage and aligning with the company's long-term development strategy [4]. - The audit committee and the sponsor, Huatai United Securities, have confirmed that the adjustments do not harm shareholder interests and comply with regulatory requirements [4]. Next Steps - The company will proceed with the implementation of the fundraising projects according to the adjusted plan and will disclose further progress in a timely manner [5].

华泰联合证券有限责任公司关于 一、募集资金基本情况 根据中国证券监督管理委员会出具的《关于同意德力佳传动科技（江苏）股 份有限公司首次公开发行股票注册的批复》（证监许可〔2025〕1800 号），并经 上海证券交易所同意，公司获准首次向社会公众公开发行人民币普通股（A 股） 股票（以下简称"本次发行"）4,000.01 万股，发行价格为人民币 46.68 元/股， 募集资金总额为人民币 1,867,204,668.00 元，扣除与本次发行有关费用人民币 92,947,238.95 元（不含增值税），实际募集资金净额为人民币 1,774,257,429.05 元。上述募集资金已于 2025 年 11 月 3 日全部到账。 公证天业会计师事务所（特殊普通合伙）对公司本次公开发行新股的资金到 位情况进行了审验，并于 2025 年 11 月 3 日出具了《验资报告》（苏公 W[2025]B068 号）。公司已对募集资金进行了专户存储，并与保荐人华泰联合证券有限责任公 司、存放募集资金的商业银行签署了《募集资金专户存储三方监管协议》。 二、募投项目基本情况及投入金额调整情况 根据公司在《德力佳传动科技（江苏）股份有限公 ...