证券代码：603166 证券简称：福达股份 公告编号：2025-057 桂林福达股份有限公司 关于回购注销 2024 年限制性股票激励计划 首次授予部分股票及调整回购价格的公告 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个别及连带责任。 重要内容提示： ●本次回购 9 名激励对象已获授但尚未解除限售的限制性股票 558,000 股，占公 司回购前总股本的 0.08%。 ●调整后的本次回购价格：2.15 元/股加上银行同期存款利息之和。但拟回购注 销股份对应现金股利若由公司代管未派发的，公司收回该部分股利，回购价格不作 调整。回购资金为公司自有资金。 桂林福达股份有限公司（以下简称"公司"）于 2025 年 9 月 12 日召开了第六 届董事会第二十八次会议，审议通过了《关于回购注销 2024 年限制性股票激励计划 首次授予部分限制性股票及调整回购价格的议案》，同意回购注销 2024 年限制性股 票激励计划首次授予对象持有的未获解禁部分股份，并同意调整回购价格，现将相 关事项公告如下： 一、已履行的决策程序和信息披露情况 1、2024 ...

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。 重要内容提示： ●本次符合解除限售条件的首次授予激励对象共计 44 人，可解除限售的限制性 股票数量为 1,707,000 股，占公司当前总股本的 0.26%。 ●公司将在办理完毕相关解除限售申请手续后、股份上市流通前，发布相关限 制性股票解除限售暨上市的公告，敬请投资者注意。 桂林福达股份有限公司（以下简称"公司"）于 2025 年 9 月 12 日召开了第六届 董事会第二十八次会议，审议通过了《关于 2024 年限制性股票激励计划首次授予股 份第一个解除限售期解除限售条件部分成就的议案》，同意对符合 2024 年限制性股票 激励计划第一个限售期解除限售条件的 1,707,000 股限制性股票办理解除限售，现将其 解除限售相关情况公告如下： 证券代码：603166 证券简称：福达股份 公告编号：2025-056 桂林福达股份有限公司 关于 2024 年限制性股票激励计划首次授予股份 第一个解除限售期解除限售条件部分成就的公告 一、股权激励计划限制性股票批准及实施情况 （一 ...

北京德恒律师事务所 关于桂林福达股份有限公司 2024 年限制性股票激励计划首次授予股份第一个解除 限售期解除限售条件部分成就、回购注销首次授予部 分股票及调整回购价格的 法律意见 北京市西城区金融街 19 号富凯大厦 B 座 12 层 电话：010-52682888 传真：010-52682999 邮编：100033 分股票及调整回购价格的 法律意见 德恒 01G20210890 号 致：桂林福达股份有限公司 北京德恒律师事务所（以下简称"本所"）接受桂林福达股份有限公司（以下 简称"公司"或"福达股份"）的委托，担任公司实施 2024 年限制性股票激励计划 （以下简称"本次激励计划"）的专项法律顾问。本所律师根据《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》"）及中国证券监督管理委员会（以下简称"中国证监会"）发布的《上市 公司股权激励管理办法》（以下简称"《管理办法》"）及《上海证券交易所股票 上市规则》（以下简称"《上市规则》"）等法律、行政法规、规章、规范性文件 的有关规定及《桂林福达股份有限公司公司章程》（以下简称"《公司章程》"） 及《桂林 ...

桂林福达股份有限公司（以下简称"公司"）分别于 2025 年 8 月 11 日和 2025 年 8 月 29 日召开第六届董事会第二十六次会议、2025 年第一次临时股东大会，审议通过 了《关于取消监事会、修订<公司章程>并办理工商变更登记事项的议案》。为进一步 完善公司治理，更好地促进规范运作，根据《中华人民共和国公司法》《上市公司章 程指引》等相关法律法规和规范性文件的最新规定，结合公司实际情况，公司不再设 置监事会，监事会的职权由董事会审计委员会行使，《监事会议事规则》相应废止， 同时对《公司章程》中部分条款进行修订。并授权公司相关职能部门办理工商变更登 记相关事宜。具体内容详见公司于 2025 年 8 月 12 日在上海证券交易所网站 （http://www.sse.com.cn）的《关于取消监事会并修订《公司章程》及制定、修订部 分公司治理制度的公告》（公告编号：2025-042）。 近日，公司已依规办理完成了《公司章程》工商备案手续。 特此公告 桂林福达股份有限公司董事会 2025 年 9 月 13 日 桂林福达股份有限公司 关于完成公司章程工商备案登记的公告 本公司董事会及全体董事保证本公告内容 ...

证券代码：603166 证券简称：福达股份 公告编号：2025-055 本议案已经公司董事会薪酬与考核委员会审议通过，发表了同意意见。 具体内容详见公司在上海证券交易所网站（www.sse.com.cn）上披露《福达股份关 于 2024 年限制性股票激励计划首次授予股份第一个解除限售期解除限售条件部分成就 的公告》。 公司董事王长顺、张海涛属于本次限制性股票激励计划的激励对象，回避表决。 表决结果：同意 7 票，反对 0 票，弃权 0 票。 2、审议通过了《关于回购注销 2024 年限制性股票激励计划首次授予部分限制性 股票及调整回购价格的议案》 桂林福达股份有限公司 第六届董事会第二十八次会议决议公告 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 桂林福达股份有限公司（以下简称"公司"）第六届董事会第二十八次会议于 2025 年 9 月 12 日在公司三楼会议室采用现场与通讯相结合方式召开。本次会议通知于 2025 年 9 月 9 日通过电话、微信、电子邮件发出，会议由公司董事长黎福超先生召集 ...

桂林福达股份有限公司 2025 年第二次临时股东会会议材料 桂林福达股份有限公司 2025 年第二次临时股东会会议材料 桂林福达股份有限公司 2025 年第二次临时股东会会议须知 桂林福达股份有限公司（以下简称"公司"）为维护全体股东的合法权益，确保股 东大会的会议秩序和议事效率，保证股东大会的顺利召开，根据《公司法》《公司章程》 以及《公司股东大会议事规则》等有关规定，特制定本须知，请出席股东大会的全体人 员遵照执行。 一、会议期间，全体出席人员应以维护股东的合法权益、保证大会的正常秩序和议 事效率为原则，认真履行法定义务，自觉遵守大会纪律，不得侵犯公司和其他股东的合 法权益，不得扰乱股东大会的正常召开秩序。 股票简称：福达股份 股票代码：603166 桂林福达股份有限公司 GUILIN FUDA CO., LTD 2025 年第二次临时股东会会议材料 2025 年 9 月 15 日 二、现场出席会议的股东（包括股东代理人，下同）须在会议召开前 30 分钟到会 议现场办理签到手续，并按规定出示证券账户卡、身份证或营业执照、授权委托书等身 份证明文件，经验证合格后领取股东大会资料，方可出席会议。 会议开始后， ...

Investment Rating - The report maintains an "Outperform the Market" rating for Fuda Co., Ltd. [4][6][20] Core Views - Fuda Co., Ltd. has shown stable growth in its main business areas, including crankshafts and gears, while also expanding its robotics segment, particularly in planetary gear reducers and screw drives [4][20] - The company achieved a revenue of 940 million yuan in the first half of 2025, representing a year-on-year increase of 30.3%, and a net profit of 146 million yuan, up 98.8% year-on-year [9][18] - The report highlights the successful development and mass production of new products in the hybrid crankshaft and electric drive gear sectors, indicating strong demand from major clients [2][20] Financial Performance Summary - In Q2 2025, Fuda Co., Ltd. reported a revenue of 466 million yuan, a year-on-year increase of 16.8%, and a net profit of 81 million yuan, up 93.3% year-on-year [9][18] - The gross margin for Q2 2025 was 28.5%, an increase of 4.9 percentage points year-on-year, reflecting improved profitability driven by scale effects and cost control measures [13][18] - The company forecasts net profits of 300 million, 390 million, and 490 million yuan for the years 2025, 2026, and 2027, respectively, with corresponding EPS of 0.47, 0.60, and 0.76 yuan [4][5][20] Business Development Summary - Fuda Co., Ltd. has accelerated its product development in the hybrid crankshaft sector, completing nine new product developments for clients such as Li Auto and BYD [2][20] - The robotics division is advancing with multiple product models in the planetary gear reducer business, with one product entering small batch delivery and two in sample testing [3][18] - The company has successfully established a high-precision production line for planetary screw drives, significantly enhancing its production capacity [3][18]

Company Overview - Guilin Fuda Co., Ltd. is located in the Yangtang Industrial Park, Guilin City, Guangxi Zhuang Autonomous Region, established on December 28, 2000, and listed on November 27, 2014 [2] - The company specializes in the research, production, and sales of automotive components such as engine crankshafts, automotive clutches, spiral bevel gears, and high-strength bolts [2] - The revenue composition includes: crankshafts 62.87%, precision forgings 12.10%, clutches 11.10%, gears 5.61%, others 5.39%, and high-strength bolts 2.93% [2] Financial Performance - For the first half of 2025, Fuda achieved operating revenue of 937 million yuan, a year-on-year increase of 30.26%, and a net profit attributable to shareholders of 146 million yuan, a year-on-year increase of 98.77% [2] - The company has distributed a total of 1.2 billion yuan in dividends since its A-share listing, with 242 million yuan distributed over the past three years [3] Stock Performance - As of September 3, Fuda's stock price was 18.20 yuan per share, with a market capitalization of 11.761 billion yuan [1] - The stock has increased by 153.84% year-to-date, with a slight decline of 0.66% over the past five trading days [1] - The company has appeared on the trading leaderboard 14 times this year, with the most recent appearance on August 19, where it recorded a net buy of -20.8082 million yuan [1] Shareholder Structure - As of June 30, 2025, Fuda had 42,800 shareholders, a decrease of 15.28% from the previous period, with an average of 14,930 circulating shares per shareholder, an increase of 18.04% [2][3] - Notable shareholders include Qianhai Kaiyuan Jiaxin Mixed A, which is the fourth-largest shareholder with 7.9782 million shares, and Hai Futong Stock Mixed, which is a new shareholder holding 4.4986 million shares [3]

Investment Rating - The report maintains a positive outlook on the automotive industry, highlighting potential growth in sectors driven by technology and state-owned enterprise reforms [4][27]. Core Insights - The report emphasizes the expected rebound in the robotics sector and low-altitude economy, suggesting investment in companies like Top Group, Aikodi, and Sanhua [4]. - It notes a significant increase in retail sales of passenger cars, with a total of 469,000 units sold in the 34th week of 2025, reflecting a month-on-month increase of 9.32% and a year-on-year increase of 3.55% [4]. - The report identifies key companies with strong performance in the second quarter, including BYD, Geely, and NIO, while also highlighting the importance of new energy vehicles [5][6][21]. Market Situation Update - The total transaction value in the automotive industry reached 833.88 billion yuan, with the automotive industry index rising by 0.35% [4][27]. - The report indicates that 81 stocks in the automotive sector rose, while 210 fell, with notable gainers including Tianpu Co. and Meng'en Automotive [32]. Key Events - The Chengdu International Auto Show showcased a significant focus on new energy and intelligent vehicles, with over 120 brands participating [13][14]. - The report highlights the launch of the Hongmeng Zhixing Shangjie H5, which received strong pre-sale interest, and the introduction of the new XPeng P7 model, setting a benchmark for AI luxury sedans [21][23]. Investment Recommendations - The report recommends focusing on domestic leading manufacturers such as NIO, Xiaomi, and Xpeng, as well as component companies with strong growth potential like Fuyao Glass and New Spring [4][6]. - It suggests monitoring companies involved in the integration of state-owned enterprises, such as SAIC Group and Dongfeng Group [4].

Group 1 - The core point of the news is that Fuda Co., Ltd. experienced a decline of 5.03% in its stock price, reaching 17.19 yuan per share, with a trading volume of 213 million yuan and a turnover rate of 1.89%, resulting in a total market capitalization of 11.108 billion yuan [1] - Fuda Co., Ltd. is located in Guilin, Guangxi, and was established on December 28, 2000. It was listed on November 27, 2014. The company specializes in the research, production, and sales of automotive components such as engine crankshafts, clutches, spiral bevel gears, and high-strength bolts [1] - The main business revenue composition of Fuda Co., Ltd. includes crankshafts (62.87%), precision forgings (12.10%), clutches (11.10%), gears (5.61%), other (supplementary) (5.39%), and high-strength bolts (2.93%) [1] Group 2 - From the perspective of major fund holdings, one fund under China Europe Fund has heavily invested in Fuda Co., Ltd. The fund, China Europe Shengshi Growth Mixed (LOF) A, increased its holdings by 233,900 shares in the second quarter, bringing the total to 1.2097 million shares, which accounts for 3.42% of the fund's net value, ranking as the ninth largest holding [2] - The China Europe Shengshi Growth Mixed (LOF) A fund was established on March 30, 2015, with a latest scale of 454 million yuan. Year-to-date, it has achieved a return of 25.9%, ranking 3182 out of 8184 in its category; over the past year, it has returned 46.64%, ranking 2871 out of 7971; and since inception, it has returned 119.41% [2]