一、担保情况概述 （一）担保的基本情况 2026 年 1 月 22 日，浙江百达精工股份有限公司（以下简称"公司"）与中 国银行股份有限公司台州市分行（以下简称"中国银行"）签署了《最高额保证 合同》，公司为台州市百达机械有限公司（以下简称"百达机械"）与中国银行 签署的《最高额保证合同》提供 1,000 万元的连带责任保证，保证期间为债务履 行期限届满之日起三年。 证券代码：603331 证券简称：百达精工 公告编号：2026-002 浙江百达精工股份有限公司 2026 年 1 月对外担保情况公告 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。 重要内容提示： 担保对象及基本情况 | 被担保人名称 | 本次担保金额 | 实际为其提供的 担保余额（不含本 | | 是否在前期预计 | 本次担保是否有 | | --- | --- | --- | --- | --- | --- | | | | 次担保金额） | | 额度内 | 反担保 | | 江西百达新能源有 限公司 | 8,261 万元 | 31,541.07 | 万元 | 是 ...

Group 1 - The humanoid robot concept has shown initial strength in the market, with companies like Baida Precision and Tianqi Co., Ltd. both hitting the daily limit up [1] - Zhongkong Technology has increased by over 10%, indicating strong investor interest in the sector [1] - Other companies such as Zhaofeng Co., Lushan New Materials, Hanwei Technology, Green Harmonics, and Fuda Co., Ltd. have also seen significant gains, contributing to the overall positive trend in the humanoid robot industry [1]

Group 1 - The humanoid robot concept is gaining strength in the market, with significant stock price increases observed [1] - As of 9:37 AM on January 26, stocks such as Baida Precision and Tianqi Co. reached their daily limit, while Zhongkong Technology rose over 15% [1] - Other companies like Bojie Co. and Dongyangguang also experienced stock price increases, indicating a broader interest in the humanoid robotics sector [1]

Core Viewpoint - Baida Precision Engineering (603331.SH) is expected to report a net loss of approximately 193.33 million yuan for the fiscal year 2025, indicating a decline compared to the previous year [1] Financial Performance - The company anticipates a net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, to be around -194.58 million yuan for 2025 [1]

Core Viewpoint - The company is expected to report a net loss of approximately 193 million yuan for the fiscal year 2025, indicating a decline compared to the previous year [1] Group 1: Financial Performance - The projected net profit attributable to the parent company for 2025 is around -193 million yuan, which represents a loss compared to the same period last year [1] - The expected net profit, excluding non-recurring gains and losses, is approximately -195 million yuan for the fiscal year 2025 [1] Group 2: Business Operations - The company's main operations in compressor components and automotive parts production remain stable [1] - The company's subsidiary's investment in a solar cell project has not yet commenced production, contributing to the financial outlook [1] Group 3: Industry Challenges - The solar industry continues to face multiple challenges, including overcapacity, supply-demand mismatches, and trade policies [1] - Rising prices of upstream raw materials in the second half of the year have put overall pressure on the industry chain prices [1] - The company has made provisions for asset impairment due to signs of impairment in related assets of its subsidiary [1]

Financial Performance - Zhejiang Baida Precision Engineering Co., Ltd. expects a net profit attributable to shareholders of approximately -193.33 million yuan for the year 2025, indicating a loss compared to the previous year [3]. - The company anticipates a net profit of approximately -194.58 million yuan after deducting non-recurring gains and losses for 2025 [4]. - In the previous year, the net profit attributable to shareholders was 33.02 million yuan, showing a significant decline in performance [5]. - The company reported a total profit of 3.15 million yuan in the previous year, highlighting a stark contrast to the expected losses in 2025 [5]. Reasons for Decline - The decline in performance is primarily due to challenges in the solar cell project investment and rising upstream raw material prices, leading to impairment provisions for related assets [7]. Strategic Initiatives - The company aims to enhance product competitiveness and operational efficiency through cost reduction and efficiency improvement initiatives [7]. Investment Caution - The financial data in the performance forecast has not been audited, and investors are advised to be cautious regarding investment risks [8]. - The forecast data is preliminary and subject to change upon the release of the audited annual report for 2025 [9].

Core Viewpoint - The company expects to report a net profit attributable to shareholders of approximately -193.33 million yuan for the fiscal year 2025, with a non-recurring net profit of about -194.58 million yuan, compared to a net profit of 33.01 million yuan in the same period last year [1] Group 1: Financial Performance - The company's main business operations remain stable during the reporting period [1] - The expected net profit for 2025 shows a significant decline compared to the previous year's profit [1] Group 2: Factors Affecting Performance - The underperformance is attributed to the failure to launch the solar cell project of its subsidiary [1] - The photovoltaic industry is facing overcapacity and rising prices of upstream raw materials, leading to impairment provisions for related assets [1]

Group 1 - The company, Baida Precision, has been focusing on direct sales to the EU market in recent years [2] - The specific operational conditions and financial data should be referred to in the company's announcements and periodic reports published on the Shanghai Stock Exchange and in the Shanghai Securities Journal [2]

Group 1 - The core viewpoint of the news is that Baida Precision has experienced fluctuations in its stock price and financial performance, with a notable increase in net profit despite a slight decline in revenue [1][2]. Group 2 - As of January 14, Baida Precision's stock price decreased by 2.01% to 13.62 CNY per share, with a total market capitalization of 2.754 billion CNY [1]. - The company has seen a year-to-date stock price decline of 4.42%, but it has increased by 3.18% over the last five trading days, 18.64% over the last 20 days, and 21.61% over the last 60 days [1]. - The main business revenue composition includes compressor parts (55.37%), automotive parts (41.44%), and other segments (2.23% and 0.96%) [1]. - As of September 30, the number of shareholders decreased by 21.30% to 13,500, while the average circulating shares per person increased by 27.06% to 14,937 shares [2]. - For the period from January to September 2025, Baida Precision reported operating revenue of 1.105 billion CNY, a year-on-year decrease of 0.59%, while net profit attributable to shareholders increased by 178.85% to 59.746 million CNY [2]. - The company has distributed a total of 222.3 million CNY in dividends since its A-share listing, with 56.6158 million CNY distributed over the past three years [3].

Core Insights - The year 2026 is projected to be a pivotal year for emerging industries in China, particularly in the low-altitude economy and robotics sectors, as they transition from pilot testing to mass production and ecosystem development [1][2][7] Group 1: Robotics Industry - UBTECH aims to achieve an annual production capacity of 10,000 humanoid robots in 2026, following the delivery of over 500 units of its "Walker S2" model in 2025 [2] - The humanoid robot market in China is expected to reach a production scale of 100,000 to 200,000 units in 2026, driven by companies like Zhiyuan Robotics and strategic partnerships [2] - The application of robots is anticipated to expand from hazardous and monotonous jobs to broader industrial and commercial services, eventually reaching household use [5] Group 2: Low-altitude Economy - The low-altitude economy is expected to experience significant growth in 2026, with companies like XPeng Heitech planning to deliver their flying car, "Land Aircraft Carrier," in the same year [3] - The market penetration of industrial-grade drones is increasing, with companies like United Aircraft Group expecting to double their revenue as they achieve key milestones in product certification [3] - Cloud Saint Intelligent's products are projected to expand coverage in urban governance, potentially doubling their reach in 2026 [3] Group 3: Commercial Aerospace - A surge in IPO activities is anticipated in the commercial aerospace sector, driven by the demand for reusable medium to large rockets, with companies like Blue Arrow Aerospace and Star Glory actively pursuing public offerings [4] - The focus in commercial aerospace is on reducing costs through reusable rocket technology, while long-term success will depend on market applications [7] - The industry is facing challenges related to infrastructure and commercial viability, necessitating policy support and cross-departmental collaboration [7] Group 4: Market Competition - The emergence of a "scale year" in 2026 will intensify competition among emerging industries, with companies needing to focus on customer needs and continuous innovation to maintain their competitive edge [7] - The development of new infrastructure and unified management systems is crucial for the low-altitude economy and commercial aerospace sectors [7] - The overall environment for hard technology enterprises is improving, driven by policy guidance, technological breakthroughs, and market demand [7]