Core Viewpoint - The automotive industry is experiencing a strong performance, with several companies' stocks hitting the limit up, indicating positive market sentiment and potential growth opportunities [1]. Industry Summary - The automotive index closed at 16,659.06, with a trading volume of 17.1 billion and a turnover of 35.583 billion, reflecting a 2.31% increase [2]. - The China Automotive Industry Association has issued a payment standard initiative aimed at ensuring fair payment practices between vehicle manufacturers and suppliers, promoting a collaborative ecosystem [4]. - The initiative encourages long-term stable partnerships between manufacturers and suppliers, with contracts lasting no less than one year [4]. Company Responses - Chery Group has committed to adhering to the payment standards and ensuring compliance with the initiative [6]. - Li Auto has reaffirmed its commitment to a 60-day payment period for suppliers, emphasizing timely delivery and settlement [8]. - Seres has expressed support for the initiative, advocating for self-discipline among companies to foster high-quality industry development [10]. - Changan Automobile has successfully implemented the 60-day payment commitment and developed an efficient payment process for suppliers [12]. - GAC Group has pledged to uphold its commitments to suppliers and promote healthy development across the supply chain [14]. - BYD has committed to implementing the initiative and focusing on key contract elements to enhance collaboration with partners [16]. - NIO has expressed its dedication to building a mutually beneficial relationship with suppliers, emphasizing the importance of a healthy supply chain [18][19]. - Xiaomi Auto has reiterated its commitment to the 60-day payment period and aims to enhance supply chain resilience [21]. - SAIC Group has standardized its supplier payment period to 60 days and will avoid practices that increase financial pressure on suppliers [23][24]. - XPeng Motors has committed to maintaining the 60-day payment period and ensuring efficient operations with partners [26]. - Leap Motor has pledged to support the initiative and ensure supply chain stability [28][29]. - Geely Auto Group has expressed its commitment to implementing the initiative in key operational areas [31].

Market Overview - The three major indices in China experienced collective gains in early trading, with a mixed performance in the afternoon session [1] - The Shanghai Composite Index closed at 3860.50 points, down 0.26%, with a trading volume of 986.17 billion yuan [1] - The Shenzhen Component Index closed at 13005.77 points, up 0.63%, with a trading volume of 1,291.21 billion yuan [1] - The ChiNext Index closed at 3066.18 points, up 1.52%, with a trading volume of 616.54 billion yuan [1] Sector Performance - The automotive industry chain stocks were active throughout the day, with the auto parts sector strengthening in the afternoon [1] - Notable stocks such as Di Sheng Li reached the daily limit [1] - The energy storage concept saw a surge, with Ningde Times hitting a record high during trading [1] - The film and cinema sector also saw gains, with China Film reaching the daily limit [1] - Other sectors with significant gains included CRO concepts, pre-made dishes, gaming, and pork concepts [1] - Conversely, sectors such as soft drinks, communication equipment, and banking showed weak performance [1]

Core Viewpoint - On September 15, 17 automotive companies, including BYD and Xiaomi Auto, publicly committed to a supplier payment term not exceeding 60 days, with detailed guidelines on the payment process, which has garnered significant attention [1][2]. Group 1: Payment Terms and Conditions - The new initiative specifies that suppliers should expect acceptance of goods to be completed within three working days after delivery [1]. - The 60-day payment term starts from the date the goods are delivered and accepted, with a maximum duration of 60 calendar days [1]. - For non-small and medium-sized enterprises with continuous supply (more than twice a month), a consolidated reconciliation method can be used, with the payment term starting from the reconciliation date [1]. Group 2: Payment Methods and Supplier Relationships - To avoid delays in payment due to price disagreements, the initiative suggests an initial payment based on the last supply contract price (at least 80%) or a predetermined development price (at least 50%) [2]. - The initiative encourages cash or bank acceptance bills as payment methods, particularly for small and medium-sized enterprises [2]. - The China Automotive Industry Association advocates for long-term stable relationships between manufacturers and suppliers, with contracts having a minimum validity of one year [2]. Group 3: Market Reaction - Following the announcement of the initiative, the automotive parts sector saw a positive market response, with several stocks, including Langbo Technology and Tianlong Shares, hitting the daily limit, while others like CATL and Meichen Technology rose nearly 10% [2].

Group 1 - The fourth extraordinary general meeting of shareholders was held on September 11, 2025, at the company's meeting room in Jiangmen City, Guangdong Province [2] - The meeting was convened by the board of directors and chaired by Chairman Zhao Ruizhen, utilizing a combination of on-site and online voting methods, in compliance with relevant laws and regulations [2][3] - All current directors (7), supervisors (3), and the board secretary attended the meeting, along with some senior management personnel [3] Group 2 - The meeting approved several resolutions, including the proposal to abolish the supervisory board and amend the company's articles of association [4] - Other governance-related proposals, such as the rules for shareholder meetings, board meetings, independent director work system, external investment management system, and related party transaction management system, were also approved [5][6] - The first resolution, which was a special resolution, received more than two-thirds of the voting rights held by attending shareholders [6] Group 3 - The meeting was witnessed by Guoxin Xinyang (Jiangmen) Law Firm, with lawyers confirming that the meeting's procedures and voting results were in accordance with legal and regulatory requirements [6]

国信信扬（江门）律师事务所关于广东迪生力汽配股份有限公司 2025 年第四次临时股东大会的法律意见书 致：广东迪生力汽配股份有限公司 国信信扬（江门）律师事务所（以下简称"本所"）受广东迪生力汽配股份 有限公司（以下简称"公司"）委托，指派贾翠霞律师、张凯盈律师（以下简称 "本所律师"）对公司召开的 2025 年第四次临时股东大会（以下简称"本次股 东大会"）进行见证。本所律师根据《中华人民共和国公司法》（以下简称"《公 司法》"）、中国证监会《上市公司股东会规则》等法律法规、规范性文件和《公 司章程》的规定，出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括但不限于： 1、公司现行有效的《公司章程》； 2、公司于 2025 年 8 月 27 日刊登于上海证券交易所网站(www.sse.com.cn) 等的《第四届董事会第十三次会议决议公告》； 3、公司于 2025 年 8 月 27 日刊登于上海证券交易所网站(www.sse.com.cn) 等的《迪生力关于召开 2025 年第四次临时股东大会的通知》； 4、公司本次股东大会股权登记日的股东名册； 5、出席或列席现场会议的股东及股 ...

证券代码：603335 证券简称：迪生力 公告编号：2025-054 广东迪生力汽配股份有限公司 2025年第四次临时股东大会决议公告 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。 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 9 月 11 日 (二)股东大会召开的地点：广东省江门市台山市大江镇福安西路 2 号之四广东迪 生力汽配股份有限公司 6 楼会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 145 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 219,602,231 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 51.2916 | (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次会议由董事会召集，董事长赵瑞贞先生主持，采用现场投票和网络投票 相结合的表决方式，召开及表决符合《公司法》 ...

Core Viewpoint - The company is undergoing significant structural changes and strategic focus towards lithium battery recycling and related sectors, which are expected to enhance its market position and operational efficiency. Group 1: Strategic Changes - The company has transferred 76.80% equity of its subsidiary, Green Food Company, and subscribed to shares of New Farmers Company, focusing on the core business of lithium battery recycling, which is linked to the power battery recycling theme [2] - The cancellation of the supervisory board and the delegation of its powers to the audit committee of the board aims to optimize the governance structure in line with new company law requirements, enhancing operational efficiency [2] - The company plans to jointly invest with an environmental enterprise to establish a metal resource company, expanding its recycling industry chain in new energy materials, which is related to the automotive parts and resource recycling industry [2] - The shareholders' meeting approved an organizational restructuring plan to strengthen the strategic layout of the lithium battery new materials sector, aligning with policy support for the new energy vehicle industry chain [2] Group 2: Business Focus and Performance - After divesting from non-core green food business, the company is concentrating resources on tire exports and lithium battery recycling, benefiting from automotive parts export policies and accelerated industrialization of battery recycling technology [2] - The company holds a 20.20% stake in New Farmers Agricultural Technology Group, creating industrial synergy and extending its layout in upstream resources for new energy materials, which is associated with automotive lightweighting and green manufacturing themes [2] - The tire production line has resumed operations after relocation, coupled with the growing demand for aluminum alloy wheels in new energy vehicles, promoting deep integration of the main business with the new energy vehicle industry chain [2] - The company has been approved to supply new environmentally friendly tires to new energy vehicle manufacturers and has passed international certification, enhancing its competitiveness in overseas markets, which is part of the automotive parts export revitalization theme [2] Group 3: Technical and Financial Aspects - The metal recovery rate of the power battery recycling business has reached 97%, gaining industry recognition and highlighting the company's technical advantages, thereby strengthening its core competitiveness in the new energy vehicle aftermarket [3] - The company is adjusting its capital structure to focus on high-growth areas, divesting loss-making businesses to improve asset quality, which aligns with the industry trend of transformation and upgrading for new energy chain enterprises [3] - The company is primarily involved in sectors such as power battery recycling, new energy vehicle parts, automotive lightweighting, integrated die-casting, and corporate governance [4]

Group 1 - The company Guangdong Dishengli Automotive Parts Co., Ltd. has approved a transaction involving the subscription of equity in a New Third Board company and the transfer of equity in its controlling subsidiary [1] - The transaction involves Guangdong Xinongren Agricultural Technology Group Co., Ltd. acquiring 76.80% of the equity in Guangdong Dishengli Green Food Co., Ltd. through a non-public issuance of shares [1] - The total consideration for the equity transaction is not specified, but the company will issue 33,805,682 shares as part of this deal [1] Group 2 - The transaction has received approval from the China Securities Regulatory Commission and the National Equities Exchange and Quotations, confirming compliance with major asset restructuring requirements [2] - Following the completion of the transaction, Guangdong Dishengli Green Food Co., Ltd. will no longer be a controlling subsidiary of the company and will not be included in the consolidated financial statements [1][2] - The company will hold a 20.20% stake in Guangdong Xinongren Agricultural Technology Group Co., Ltd. after the transaction [1]

Group 1 - The company, Guangdong Dishengli Auto Parts Co., Ltd., has approved a transaction involving the subscription of shares in a New Third Board company and the transfer of equity in its subsidiary [2] - The transaction involves Guangdong Xinongren Agricultural Technology Group Co., Ltd. acquiring 76.80% of the equity in Guangdong Dishengli Green Food Co., Ltd. for a total consideration of RMB 96,346,193.70, with a share price of RMB 2.85 [2] - Following the completion of the transaction, the Green Food Company will no longer be a subsidiary of Dishengli and will instead become a subsidiary of Xinongren, with Dishengli holding 20.20% of Xinongren's shares [2] Group 2 - On August 28, 2025, Xinongren received approval from the National Equities Exchange and Quotations for the issuance of shares to purchase assets, confirming compliance with regulatory requirements [3]

证券代码：603335 证券简称：迪生力 公告编号：2025-053 广东迪生力汽配股份有限公司 关于认购新三板公司股权暨转让控股子公司股权的 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。 一、交易事项概述 广东迪生力汽配股份有限公司（以下简称"迪生力"、"公司"）于 2025 年 3 月 31 日召开第四届董事会第八次会议，审议通过了《关于认购新三板公司股权 暨转让控股子公司股权的议案》（详见公告编号 2025-013）、于 2025 年 4 月 16 日召开 2025 年第二次临时股东大会审议通过了上述议案，并于 2025 年 6 月 16 日召开第四届董事会第十一次会议，审议通过了《关于认购新三板公司股权暨转 让控股子公司股权事项加期审计报告的议案》（详见公告编号 2025-041）。广东 新农人农业科技集团股份有限公司（以下简称"新农人公司"）向公司非公开发 行股份，用于购买公司子公司广东迪生力绿色食品有限公司（以下简称"绿色食 品 公 司 "、" 标 的 资 产 "） 76.80% 的 股 权 。 本 次 ...