| 证券代码：603179 | 证券简称：新泉股份 | | | 公告编号：2025-034 | | --- | --- | --- | --- | --- | | 债券代码：113675 | 债券简称：新 | 23 | 转债 | | 江苏新泉汽车饰件股份有限公司 关于在山西晋中投资设立全资子公司的公告 特别风险提示：本次设立全资子公司尚需办理工商注册登记相关手续， 能否完成相关审批手续存在不确定性。本次设立全资子公司因受到政策变化、市 场竞争、经营管理等因素影响导致投资收益存在不确定性的风险。 一、对外投资概述 （一）根据公司需要，江苏新泉汽车饰件股份有限公司（以下简称"公司"） 拟在山西省晋中市投资设立全资子公司"晋中新泉汽车饰件有限公司"（具体名 称以工商核准登记的为准），注册资本 1,000 万元，由公司以自有资金出资。 （二）公司于 2025 年 8 月 29 日以现场和通讯结合的方式在公司会议室召开 第五届董事会第十次会议，以 9 票同意、0 票反对、0 票弃权，审议通过了《关 于在山西晋中投资设立全资子公司的议案》。 根据《公司章程》和《上海证券交易所股票上市规则》的相关规定，本次对 外投资事项无 ...

第五届监事会第五次会议决议公告 本公司监事会及全体监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、监事会会议召开情况 江苏新泉汽车饰件股份有限公司（以下简称"公司"）第五届监事会第五次会 议通知和会议材料于 2025 年 8 月 19 日以专人送达、电子邮件的方式发出。会议 于 2025 年 8 月 29 日在公司会议室以现场方式召开。本次会议应出席监事 3 人， 实际出席监事 3 人。会议由公司监事会主席姜美霞先生召集和主持。本次会议的 召集、召开和表决程序符合《中华人民共和国公司法》等有关法律、法规和公司 章程的规定，会议合法有效。 | 证券代码：603179 | 证券简称：新泉股份 | 公告编号：2025-032 | | --- | --- | --- | | 债券代码：113675 | 债券简称：新 23 转债 | | 二、监事会会议审议情况 江苏新泉汽车饰件股份有限公司 （一）审议通过《2025年半年度报告》及其摘要 经审核，监事会认为： 1、公司 2025 年半年度报告及摘要的编制和审议程序符合法律、法规、《公 司章程》和公司内 ...

江苏新泉汽车饰件股份有限公司 第五届董事会第十次会议决议公告 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法律责任。 一、董事会会议召开情况 江苏新泉汽车饰件股份有限公司（以下简称"公司"）第五届董事会第十次会 议通知和会议材料于 2025 年 8 月 19 日以专人送达、电子邮件等方式发出。会议 于 2025 年 8 月 29 日在公司会议室以现场和通讯结合的方式召开。本次会议应出 席董事 9 人，实际出席董事 9 人。公司监事及高级管理人员列席会议。本次会议 的通知、召开、表决程序符合《公司法》等有关法律法规和《公司章程》的规定。 会议由董事长唐志华先生主持。 | 证券代码：603179 | 证券简称：新泉股份 | | 公告编号：2025-031 | | --- | --- | --- | --- | | 债券代码：113675 | 债券简称：新 转债 | 23 | | 集资金存放与实际使用情况的专项报告》。 具体内容详见公司同日于指定信息披露媒体披露的《公司 2025 年半年度募 集资金存放与实际使用情况的专项报告》。 二、董事 ...

江苏新泉汽车饰件股份有限公司2025 年半年度报告 公司代码：603179 公司简称：新泉股份 债券代码：113675 债券简称：新 23 转债 江苏新泉汽车饰件股份有限公司 2025 年半年度报告 1 / 177 江苏新泉汽车饰件股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确 性、完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人唐志华、主管会计工作负责人李新芳及会计机构负责人（会计主管人员）宋燕 青声明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述，不构成公司对投资者的实质承诺，敬 请投资者注意投资风险。 七、 是否存在被控股股东及其他关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况 否 九、 是否存在半数以上董事无法保证公司 ...

新泉股份公告，全资子公司新加坡新泉的全资子公司新泉美国控股拟以自有资金在美国肯塔基州投资设 立新泉（肯塔基）汽车零部件有限公司，注册资本为5万美元。投资完成后，新泉美国控股将持有新泉 （肯塔基）100%股权。该投资旨在满足公司海外业务发展需求，拓展海外市场，提升公司在国内外市 场竞争中的优势地位，符合公司长远发展战略。 ...

新泉股份公告，2025年上半年营业收入74.59亿元，同比增长21.01%。净利润4.22亿元，同比增长 2.80%。 ...

Group 1 - The controlling shareholder, Jiangsu Xinquan Zhihua Investment Co., Ltd., holds 12,715.3572 million shares, accounting for 26.09% of the company's total share capital [2] - After the pledge of 10.6 million shares, the cumulative pledged shares by the controlling shareholder amount to 10.6 million shares, representing 8.34% of its holdings and 2.18% of the company's total share capital [2] - The stock pledge does not involve major asset restructuring or performance compensation obligations [3] Group 2 - The company will continue to monitor the share pledge situation and associated risks of the controlling shareholder and its concerted actors, ensuring compliance with relevant regulations and timely information disclosure [4]

Summary of New Spring Co., Ltd. Conference Call Company Overview - New Spring Co., Ltd. has undergone four development stages since its establishment: - 2011-2015: Stable revenue between 500 million to 1 billion CNY - 2016-2017: Revenue growth from 1 billion to approximately 3 billion CNY, benefiting from strong performance of Geely and SAIC's self-owned models - 2018-2020: Revenue stagnation in the range of 3 billion to 3.5 billion CNY - 2021-2024: Revenue growth driven by increased penetration of new energy vehicles and rising market share of self-owned brands, expected to exceed 13 billion CNY [1][2][5] Market Share and Profitability - Market share of passenger car dashboards increased from approximately 2%-3% (2012-2016) to about 5.7% (2017-2018) due to the ramp-up of Geely and SAIC [4] - Overall gross margin decreased from nearly 30% in 2013 to about 20% in 2024, influenced by product structure changes, fluctuations in commercial vehicle profitability, and rising raw material prices [4] - Passenger car business gross margin remained relatively stable despite overall margin decline [4] Capital Expenditure and Expenses - Full-process gross margin saw a significant decline from 2018 to 2019 due to accelerated capital expenditure, stagnant revenue growth, and rising raw material prices [5] - Sales expenses are expected to decrease in 2024 due to warranty impacts, while management expenses will rise due to overseas expansion and early mass production of Tesla projects [6] Customer Structure and Future Expectations - Customer structure has changed significantly over time: - Early stage: Chery and Geely were major customers (22% each) - Mid-stage: Geely became the largest customer (29%), followed by SAIC (25%) - Recent stage: Key customers include Chery, Tesla, Geely, and Li Auto [9] - Future growth is anticipated through global expansion and partnerships with overseas OEMs such as Volkswagen, Volvo, and Audi [7] Product Development and Competitive Advantage - New Spring is expanding its product line to include exterior parts and passenger car seats, aiming to become a leading player in the automotive interior sector [13] - The company has a competitive advantage in cost control and response efficiency compared to competitors, with a strong market position due to increasing industry concentration and limited new entrants [14] Financial Projections - Expected net profits for 2025, 2026, and 2027 are projected to be 1.337 billion, 1.725 billion, and 2.102 billion CNY respectively [2][13]

Investment Rating - The report maintains a positive investment rating for the automotive and automotive parts industry, highlighting strong performance and growth potential in the sector [5]. Core Views - The automotive industry is experiencing a significant transformation driven by the rise of intelligent and electric vehicles, with a focus on high-quality domestic brands such as Geely, Xiaopeng, Li Auto, BYD, and Xiaomi [10][13]. - The report emphasizes the robust performance of passenger car companies in Q2 2025, with notable improvements in gross margins and reduced operating losses for new energy vehicle manufacturers [2][11]. - The collaboration between NVIDIA and Foxconn in the robotics sector is expected to catalyze growth in the artificial intelligence and robotics market, with significant production targets set for humanoid robots [3][12]. Summary by Sections 1. Weekly Insights - Passenger car sales for the third week of August 2025 reached 437,000 units, representing a year-on-year increase of 8.2% and a month-on-month increase of 14.2% [42]. - The automotive sector outperformed the market, with the A-share automotive sector rising by 7.2% during the week of August 18-22, 2025, ranking sixth among sub-industries [29]. 1.1 Passenger Cars - The report highlights the acceleration of high-end domestic vehicle production, with new models set to launch in late August and September 2025, which is expected to boost sales [11][13]. 1.2 Intelligent Electric Vehicles - The report notes the long-term growth potential in the intelligent electric vehicle segment, with a focus on the increasing market share of domestic brands and the expansion of overseas markets [14]. 1.3 Robotics - The report discusses the entry of leading companies into the robotics market, with a focus on the production of humanoid robots and the expected commercialization of embodied intelligence [3][12]. 1.4 Motorcycles - The motorcycle market is experiencing rapid expansion, particularly in the mid-to-large displacement segment, with significant year-on-year sales growth [20][22]. 1.5 Heavy Trucks - The heavy truck market is expected to recover due to expanded subsidies for replacing old vehicles, which will stimulate demand [23][24]. 1.6 Tires - The tire industry is benefiting from high demand and low valuations, with a focus on global expansion and the development of high-end products [25][28]. 2. Weekly Data - The report provides detailed sales data for passenger cars, highlighting the impact of new consumption stimulus policies on demand [42][43].

Group 1 - The core viewpoint of the news is that Xinquan Co., Ltd. has shown a positive stock performance with a year-to-date increase of 15.92% and a recent rise of 2.06% on August 22, 2023, reaching a stock price of 49.15 yuan per share [1] - As of March 31, 2025, Xinquan Co., Ltd. reported a revenue of 3.519 billion yuan, reflecting a year-on-year growth of 15.49% [2] - The company has a total market capitalization of 23.951 billion yuan and has seen significant trading activity, with a net inflow of main funds amounting to 5.6919 million yuan on August 22, 2023 [1] Group 2 - Xinquan Co., Ltd. has a total of 13,800 shareholders as of March 31, 2025, which is an increase of 2.08% from the previous period [2] - The company has distributed a total of 946 million yuan in dividends since its A-share listing, with 439 million yuan distributed over the past three years [2] - The company operates in the automotive parts industry, specifically focusing on automotive electronic and electrical systems, and is associated with several concept sectors including Chery Automobile and BYD [1]