| 证券代码：603305 | 证券简称：旭升集团 | | 公告编号：2025-045 | | --- | --- | --- | --- | | 债券代码：113685 | 债券简称：升 24 | 转债 | | 宁波旭升集团股份有限公司 关于股份回购进展公告 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。 详见公司于 2025 年 6 月 11 日在上海证券交易所网站披露的《宁波旭升集团股份 有限公司关于 2024 年度权益分派实施后调整回购股份价格上限的公告》（公告编 号：2025-035）。 二、回购股份的进展情况 根据《上市公司股份回购规则》及《上海证券交易所上市公司自律监管指引 第7号——回购股份》的相关规定，公司在回购股份期间，应当在每个月的前3个 交易日内公告截至上月末的回购进展情况。现将公司截至上月末回购股份的进展 情况公告如下： 重要内容提示： | 回购方案首次披露日 | 2025/4/9，由董事会提议 | | | | | | | --- | --- | --- | --- | --- | --- | --- ...

格隆汇8月1日丨旭升集团(603305.SH)公布，截至2025年7月31日，公司通过上海证券交易所交易系统以集中竞价交易方式已累计回购公司股份824.39万股，占公司目前总股本的0.8648%， ...

每经AI快讯，有投资者在投资者互动平台提问：请问目前机器人订单是否充足？公司在机器人业务和 客户资源上是否又有新的进展？ （文章来源：每日经济新闻） 旭升集团（603305.SH）7月30日在投资者互动平台表示，目前公司在机器人业务上，以海内外头部客 户全面开拓、全面卡位为主，产品主要以关节壳体及躯干结构件等为主，重点关注轻量化结构件在人形 机器人领域的重要作用。目前与海内外客户在产品各阶段进展顺利。 ...

Group 1 - The company is focusing on expanding its robotics business by targeting leading domestic and international clients [1] - The main products include joint shells and trunk structural components, with an emphasis on the importance of lightweight structural components in humanoid robots [1] - Progress with clients in various product stages is reported to be smooth [1]

Investment Rating - Industry investment rating is "Overweight" [1] Core Viewpoints - The report highlights a new round of market momentum driven by advancements in robotics, particularly in humanoid robots, with a projected global demand of approximately 2 million units by 2030 [4][19] - Key recommended stocks include Xinjie Electric, Beite Technology, Hanwei Technology, Zhaowei Electromechanical, Hengli Hydraulic, and Nuwei Co., among others [2][4] - The report emphasizes the importance of tracking the humanoid robot sector, which is entering a critical growth phase [3][4] Summary by Sections Humanoid Robots - The humanoid robot industry is expected to see significant growth, with major projects and partnerships emerging, such as the procurement project by China Mobile for humanoid biped robots worth 124 million [9][19] - Companies like Tesla and Figure are ramping up production, with Figure planning to increase its humanoid robot output by three times in the upcoming months [10][19] Photovoltaic Equipment - The report notes an accelerated penetration of N-type technology, enhancing the competitive edge of leading companies in the sector [20] - It suggests focusing on companies that are innovating in cost-reduction technologies and expanding production capacity [20] Energy Storage - The energy storage sector is poised for growth due to favorable policies and increasing demand from both generation and user sides [20] - Key players in this space include companies involved in lithium battery systems and integrated storage solutions [20] Semiconductor Equipment - The semiconductor equipment market is projected to reach 140 billion by 2030, with a growing share from domestic manufacturers [4][20] Automation - The automation market is expected to grow significantly, with a market size of approximately 40 billion, projected to reach 55.7 billion by 2026 [4][20] Hydrogen Energy - The report highlights the potential of green hydrogen in achieving carbon neutrality, with a focus on companies that have integrated hydrogen production capabilities [21] Engineering Machinery - The report suggests monitoring leading companies in the engineering machinery sector, emphasizing those with product, scale, and cost advantages [4][20]

Core Viewpoint - The trend of lightweight humanoid robots is becoming increasingly prominent, with a focus on raw materials and process design to address issues such as insufficient endurance, low flexibility, and poor heat dissipation [2][7]. Group 1: Lightweight Trend in Humanoid Robots - The lightweight trend is evident from the perspective of downstream manufacturers, with notable reductions in weight across various models, such as the 20 kg reduction in the UBTECH Walker C and the 10 kg reduction in Tesla's Optimus from Gen 1 to Gen 2 [13][21]. - Lightweight solutions can resolve critical issues for humanoid robots, including enhancing flexibility and extending battery life, as demonstrated by a 40% weight reduction leading to a 6-hour operational time for certain models [21][17]. Group 2: Material Replacement and Cost Efficiency - Magnesium alloy is highlighted for its superior weight reduction capabilities compared to aluminum, with current prices favoring magnesium, making it a cost-effective choice [3][35]. - The semi-solid process addresses the corrosion resistance of magnesium alloys, which is crucial for humanoid robot components that are lighter than automotive parts, thus lowering barriers to entry [3][35]. Group 3: High-Performance Engineering Plastics - The shift towards high-performance engineering plastics like PEEK, PPS, and PPA is opening new market opportunities, with PEEK being particularly suitable for high-value applications in humanoid robots [4][75]. - The market value ranking for these materials indicates that PEEK has the highest potential, followed by PPA and PPS, with the humanoid robot sector expected to generate a market space in the billions [4][75]. Group 4: Investment Recommendations - Key companies to watch include leading magnesium alloy die-casting firms such as Baowu Magnesium and Xingyuan Zhuomai, as well as humanoid robot lightweight joint component manufacturers like Xusheng Group [5][62]. - Attention should also be given to leading engineering plastic companies such as Zhaomin Technology, Water Co., and Zhongyan Co. [5][62].

Core Viewpoint - As of July 11, 2025, the stock price of Xusheng Group (603305) increased by 3.71% to 13.13 CNY, with a market capitalization of 12.517 billion CNY, ranking 39th in the automotive parts sector and 1322nd in the A-share market [1] Company Announcements - The fourth board meeting of Xusheng Group approved two resolutions: the use of up to 1 billion CNY of temporarily idle convertible bond funds for cash management, and the use of up to 500 million CNY of temporarily idle self-owned funds for cash management, both valid for 12 months [2][3] - The supervisory board also approved the same resolutions regarding the use of idle funds for cash management, with unanimous support [2][3] Cash Management Plans - Xusheng Group plans to use up to 1 billion CNY of temporarily idle convertible bond funds for cash management, with a maximum investment period of 12 months, focusing on high-safety and high-liquidity financial products [3] - The cash management will involve the company and its subsidiary, ensuring that the investment does not affect the normal implementation of fundraising projects [3]

Investment Rating - The report suggests a focus on magnesium alloy die-casting leading companies such as Baowu Magnesium and Xingyuan Zhuomai, and recommends lightweight joint component companies in humanoid robots like Xusheng Group, as well as leading engineering plastic companies such as Zhaomin Technology, Water Co., and Zhongyan Co. [2] Core Viewpoints - The trend towards lightweight humanoid robots is driven by material and process design, addressing issues like insufficient endurance, low flexibility, and poor heat dissipation. The main paths for achieving this include structural optimization, component performance enhancement, and material replacement, with magnesium alloys and high-performance engineering plastics being key materials [2][4] - Magnesium alloys offer significant advantages, including better weight reduction compared to aluminum alloys, lower costs due to sustained low raw material prices, and improved electromagnetic shielding and heat dissipation efficiency. The semi-solid process addresses corrosion resistance issues, making magnesium alloys suitable for humanoid robot components [2][21] - High-performance engineering plastics like PEEK, PPS, and PPA are gaining traction in the lightweight revolution, with PEEK being particularly notable for its applications in high-value areas such as joint bearings and gear components, indicating a potential market space in the billions [2][67] Summary by Sections 1. Lightweight Trend in Humanoid Robots - The lightweight trend is evident in various humanoid robot models, with significant weight reductions achieved while increasing height [6][8] - Lightweight solutions address critical issues such as limited endurance and flexibility, with a notable example being a 40% weight reduction leading to a 6-hour operational time [13][14] - The main paths to achieve lightweight humanoid robots include structural optimization, component replacement, and material substitution, with a focus on magnesium alloys and high-performance engineering plastics [18][19] 2. Cost Down & Technological Breakthroughs for Magnesium Alloys - The report highlights that the cost of magnesium ingots has been decreasing since 2022, making magnesium alloys more economically viable compared to aluminum [27][28] - China is a major supplier of magnesium, with a significant increase in production capacity, ensuring stable pricing and supply [27][28] - The semi-solid forming technology is identified as a future trend for magnesium alloys, improving product quality and performance [36][40] 3. High-Performance Engineering Plastics Revolution - Engineering plastics like PEEK and PPS are positioned as superior alternatives to traditional materials, with a high concentration of production among a few key players [73][89] - PEEK is noted for its exceptional mechanical properties, making it comparable to metals, and is increasingly used in various high-value applications [78][84] - PPS is recognized for its excellent chemical resistance and cost-effectiveness, further solidifying its position in the market [90]

二、募集资金投资项目的基本情况 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《关于同意宁波旭升集团股份有限公司 向不特定对象发行可转换公司债券注册的批复》（证监许可[2024]764 号），公司 获准向不特定对象发行面值总额为人民币 280,000.00 万元的可转换公司债券，期 限 6 年。公司本次发行可转换公司债券应募集资金 280,000.00 万元，实际募集资 金 280,000.00 万元，扣除发行费用合计（不含税）人民币 833.93 万元后，实际 募集资金净额为人民币 279,166.07 万元。 上述募集资金已于 2024 年 6 月 20 日全部到位，中汇会计师事务所（特殊普 通合伙）已进行验资并出具了中汇会验[2024]8953 号《可转换公司债券募集资金 到位情况验证报告》。上述向不特定对象发行可转换公司债券募集资金，公司已 按照要求开立募集资金专户存储。 中信建投证券股份有限公司 关于宁波旭升集团股份有限公司使用部分暂时闲置可转换公司债券 募集资金进行现金管理的核查意见 中信建投证券股份有限公司（以下简称"中信建投证券"、"保荐人"）作为 宁波旭升集团股份有限公司（以下简称" ...

| 证券代码：603305 | 证券简称：旭升集团 24 转债 | 公告编号：2025-042 | | --- | --- | --- | | 债券代码：113685 | 债券简称：升 | | 宁波旭升集团股份有限公司 关于使用部分暂时闲置自有资金进行现金管理的公 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： 现金管理金额：宁波旭升集团股份有限公司（以下简称"公司"）及子公 司拟使用最高额度不超过人民币 5 亿元（含 5 亿元）的闲置自有资金进行现金管 理。 现金管理受托方：具有合法经营资格的金融机构 现金管理产品名称：安全性高、流动性好、具有合法经营资格的金融机 构销售的理财产品。 现金管理投资期限：自董事会审议通过之日起 12 个月内有效。 履行的审议程序：公司于 2025 年 7 月 9 日分别召开第四届董事会第八次 会议及第四届监事会第五次会议，审议通过《关于使用部分暂时闲置自有资金进 行现金管理的议案》，该议案无需提交公司股东大会审议。 3、现金管理的额度 公司拟使用最高额度不超过人民币 ...