证券日报网讯12月29日，天有为（603202）在互动平台回答投资者提问时表示，2026年公司将继续重视 股东利益，特别是中小股东利益，将进一步深耕主业、强化市值管理，持续推进产品创新和海外市场开 拓，提高公司盈利水平。 ...

"随着汽车新能源和智能化的发展，公司积极开拓海外市场，目前海外客户包括韩国现代起亚集团、斯 特兰蒂斯集团、韩国双龙、马来西亚宝腾汽车等客户，公司中长期业绩增长和价值成长也将逐步体 现。"天有为表示，两轮车市场蕴含广阔发展潜力，当前正迎来智能化与功能多样化的产业升级浪潮。 天有为依托自身在复合屏技术领域的核心优势、卓越的成本管控能力，以及多年深耕车载领域沉淀的优 质产品口碑，积极推进与国内外两轮车头部企业的战略合作，目前各项合作事宜均取得稳步进展。公司 已与雅迪、爱玛、钱江、大运、奔达、五羊本田等多家客户建立了稳定的合作关系。 天有为（603202）12月24日披露的投资者关系活动记录表显示，公司于12月23日接待了华西证券 （002926）、中邮证券的调研。 天有为主要从事汽车仪表的研发设计、生产、销售和服务，并逐步向智能座舱领域拓展。公司主要产品 包括电子式组合仪表、全液晶组合仪表、双联屏仪表及其他电子产品与服务。通过长期业务发展，公司 具备了为汽车整车厂商同步研发及批量供货能力，构建了液晶屏技术、光学贴合技术、智能座舱技术等 核心技术体系。在绥化、哈尔滨、大连等地设立了3所研发机构，并建设有1座EMC专业 ...

Group 1 - The core point of the news is that Tianyouwei's stock experienced a slight decline of 0.34% on December 18, with a trading volume of 42.78 million yuan and a net financing buy of -6,753 yuan for the day [1] - As of December 18, the total margin financing and securities lending balance for Tianyouwei is 198 million yuan, which accounts for 6.51% of its circulating market value [1] - The company reported a revenue of 2.98 billion yuan for the period from January to September 2025, representing a year-on-year decrease of 7.49%, and a net profit attributable to shareholders of 779 million yuan, down 8.49% year-on-year [1] Group 2 - Tianyouwei has distributed a total of 558 million yuan in dividends since its A-share listing [2] - As of September 30, 2025, new institutional shareholders include several funds from Huatai-PineBridge, with notable holdings such as 277,800 shares by Huatai-PineBridge Contrarian Investment Mixed A [2] - The number of shareholders for Tianyouwei decreased by 1.61% to 20,800, while the average circulating shares per person increased by 1.64% to 1,599 shares [1]

Core Viewpoint - The company announced the use of part of its idle raised funds to purchase a fixed-term deposit of 450 million yuan at Agricultural Bank of China, Shuanghua Beilin Branch, and has since redeemed the deposit, returning the principal and interest to the fundraising account [1] Summary by Relevant Sections - **Investment Activity** - The company utilized 450 million yuan of idle raised funds for a fixed-term deposit [1] - The deposit has been redeemed, and the company recovered the principal amount of 450 million yuan [1] - **Financial Outcome** - The company earned a total return of 337,500 yuan from the fixed-term deposit [1] - Both the principal and interest have been returned to the fundraising account [1]

2025 年 11 月 18 日，公司使用部分闲置募集资金在中国农业银行股份有限 公司绥化北林支行（以下简称"农业银行"）购买了 45,000 万元单位定期存款。 截至本公告披露日，公司对上述定期存款进行赎回，收回本金人民币 45,000 万元，取得收益人民币 33.75 万元，募集资金本金及利息均已归还至募集资金账 户。具体情况如下： 单位：万元 | 产 | 产 | 受 | 实际年 | 品 | 品 | 认购 | 实际 | 实际赎 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 托 | 到期日 | 化收益 | 实际收益 | 类 | 名 | 金额 | 起息日 | 回本金 | 方 | 率（%） | | 型 | 称 | 单 | | | | | | | | | | 农 | 定 | 位 | 业 | 期 | 定 | | | | | | | 45,000 | 2025/11/18 | 2025/12/18 | 45,000 | 0.9 | 33.75 | 银 | 存 | 期 | | | | 行 | 款 | 存 | 款 | ...

南财智讯12月18日电，天有为公告，公司于2025年12月18日赎回在中国农业银行股份有限公司绥化北林 支行购买的单位定期存款，收回本金45000万元，取得收益33.75万元。募集资金本金及利息均已归还至 募集资金账户。公司将在授权的期限和额度内再次开展现金管理。上述现金管理未超出董事会及股东大 会授权范围，不会影响募集资金投资项目进度和公司正常生产经营。 ...

Core Viewpoint - Tianyouwei plans to acquire 100% of Krämer Automotive Systems GmbH for €1 million, aiming to enhance its presence in the European high-end passenger car market despite Krämer's financial difficulties [1][4]. Group 1: Acquisition Details - The acquisition is intended to align with Tianyouwei's international development strategy and improve its competitiveness in the European market [4][8]. - Krämer, established in 1974, specializes in automotive electronic systems and has previously worked with high-end brands like Porsche and Mercedes [4][5]. - Krämer is currently in financial distress, having filed for bankruptcy due to a lack of significant orders, with a reported net asset value of -653.42 million yuan as of June 30, 2025 [5][6]. Group 2: Financial Assessment - Krämer's total assets are projected to be 12.04 million yuan in 2024, with a net asset value of -468.73 million yuan [5]. - The valuation of Krämer indicates a shareholder equity value of 857 million yuan, representing a 231.16% increase compared to its negative net asset value [6]. Group 3: Strategic Implications - The acquisition is expected to provide Tianyouwei with valuable customer relationships and sales channels, particularly with high-end automotive manufacturers [8]. - Tianyouwei's existing business focuses on automotive instrumentation and is expanding into automotive cabins, with major clients including Hyundai and BYD [9]. - The company aims to enhance its global market share and is establishing subsidiaries and production bases in Mexico and Korea to better serve international clients [9].

Core Viewpoint - Tianyouwei plans to acquire 100% of Krämer Automotive Systems GmbH for €1 million, aiming to enhance its presence in the European high-end passenger car market despite Krämer's financial difficulties [1][4]. Group 1: Acquisition Details - The acquisition is intended to leverage Krämer's customer resources and channels to support Tianyouwei's international expansion strategy [4][7]. - Krämer, established in 1974, has previously worked with high-end automotive brands such as Porsche and Mercedes-Benz but has recently faced financial challenges, including filing for bankruptcy due to a lack of significant orders [4][5]. Group 2: Financial Assessment - Krämer's total assets are projected to be ¥12.04 million with a net asset value of -¥4.69 million by December 31, 2024, and -¥6.53 million by June 30, 2025 [5]. - The valuation assessment indicates a shareholder equity value of ¥8.57 million, representing a 231.16% increase compared to its negative net asset value [6]. Group 3: Business Strategy and Performance - Tianyouwei's overseas sales gross margin exceeds 40%, while domestic sales gross margin is just over 20% [8]. - The company aims to strengthen its global market share and is expanding its international operations, including establishing subsidiaries and production bases in Mexico and South Korea [8]. - Tianyouwei's main clients include major automotive groups like Hyundai and BYD, with a significant portion of revenue coming from these partnerships [7].

标的公司克莱默成立于1974年，注册于德国罗伊特林根，主营业务为车载信息娱乐系统、数字座舱及车 联网解决方案的研发与制造。财务数据显示，截至2025年6月30日，克莱默资产总额为1298.88万元人民 币，负债总额为1951.58万元人民币，净资产为-653.42万元人民币；2024年度营业收入为9043.68万元人 民币，但净利润呈亏损状态。评估机构采用市场法对其估值，股东全部权益价值为857万元人民币，较 账面净资产增值231.16%。交易定价参考此评估结果，最终协商确定为100万欧元。 ONEHoldingAG持有的KramerAutomotiveSystemsGmbH（克莱默）100%股权。交易完成后，克莱默将成 为天有为的全资子公司，并纳入公司合并报表范围。公司表示，此次收购符合其国际化战略，旨在拓展 欧洲市场，特别是高端乘用车客户，以提升盈利能力和市场竞争力。 南方财经12月10日电，天有为(603202.SH)12月10公告，宣布拟以100万欧元自有资金收购MS- ...

Group 1 - The company plans to acquire 100% equity of Kr?mer Automotive Systems GmbH for €1,000,000 using its own funds, which will be consolidated into the company's financial statements after the acquisition [2][3] - This acquisition aligns with the company's international development strategy, enhancing its market competitiveness and ability to expand into the European market, particularly targeting high-end passenger vehicle customers [3][21] - The acquisition is not classified as a related party transaction or a major asset restructuring under relevant regulations, and it has already passed internal decision-making processes without needing board or shareholder approval [2][4] Group 2 - The target company, Kr?mer Automotive Systems GmbH, is based in Germany with a registered capital of €128,000 and is currently operating normally without any legal encumbrances [6][21] - The valuation of the target company was conducted by Yinxin Asset Appraisal Co., which determined the total equity value to be approximately ¥8.57 million, reflecting a 231.16% increase compared to its book value [9][10] - The acquisition contract stipulates that the transfer price is set at €1,000,000, and the payment will be made via irrevocable wire transfer upon completion of the necessary approvals [13][15] Group 3 - Post-acquisition, the target company will become a wholly-owned subsidiary, and the integration is expected to enhance the company's revenue sources and overall market value recognition [21][22] - The acquisition will not involve changes in the management or personnel of the target company, and it is anticipated to create synergies in technology development and market resource sharing [22][21] - The company will ensure compliance with legal requirements regarding related party transactions and will not create new competition within the industry post-acquisition [22]