Core Viewpoint - Ananda (603350.SH) reported a significant increase in revenue and net profit for the first three quarters of 2025, indicating strong financial performance and growth potential [1] Financial Performance - The company achieved total operating revenue of 1.597 billion yuan, representing a year-on-year growth of 34.1% [1] - The net profit attributable to shareholders reached 96.0565 million yuan, reflecting a year-on-year increase of 13.05% [1] - Basic earnings per share were reported at 0.83 yuan [1]

证券代码：603350 证券简称：安乃达 公告编号：2025-059 安乃达驱动技术（上海）股份有限公司 关于调整2024年限制性股票与股票期权激励计划 限制性股票授予价格及回购价格、 股票期权行权价格的公告 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、准确性和完整性依法承担法律责任。 安乃达驱动技术（上海）股份有限公司（以下简称"公司"）于2025年10月 24日召开第四届董事会第十次会议，审议通过了《关于调整2024年限制性股票与 股票期权激励计划限制性股票授予价格及回购价格、股票期权行权价格的议案》， 现将有关事项说明如下： 3、2025年1月9日，公司召开2025年第一次临时股东大会，审议通过了《关 于<2024年限制性股票与股票期权激励计划（草案）>及其摘要的议案》《关于 <2024年限制性股票与股票期权激励计划考核管理办法>的议案》《关于提请公 司股东大会授权董事会办理2024年限制性股票与股票期权激励计划相关事宜的 议案》，同时公司披露了《安乃达驱动技术（上海）股份有限公司关于2024年 限制性股票与股票期权激励计划内幕信息知情人买卖公司 ...

根据公司战略发展及业务协同需要，把握具身智能机器人相关产业发展机遇， 同时就新业务领域建立与核心团队的利益分享机制，形成长效激励体系，公司拟 与宁波迎凤一号自有资金投资合伙企业（有限合伙）（以下简称"迎凤一号"）、 宁波迎凤二号自有资金投资合伙企业（有限合伙）（以下简称"迎凤二号"）、 自然人袁儒鹏共同出资设立博蓝克智能科技（苏州）有限公司。公司拟以自有资 金出资1,020万元，占标的公司注册资本51%；迎凤一号拟出资280万元，占标的 公司注册资本14%；迎凤二号拟出资600万元，占标的公司注册资本30%；自然人 袁儒鹏拟出资100万元，占标的公司注册资本5%。本次投资完成后，标的公司将 被纳入公司合并报表范围。 本次投资事项不构成《上市公司重大资产重组管理办法》规定的重大资产重 组。该事项已经公司董事会审议通过，关联董事李进先生回避表决，无需提交公 司股东会审议。本次关联交易已经公司独立董事专门会议审议通过。 中泰证券股份有限公司 关于安乃达驱动技术（上海）股份有限公司 与关联方共同投资设立控股子公司暨关联交易的核查意见 中泰证券股份有限公司（以下简称"中泰证券"或"保荐人"）作为安乃达 驱动技术（上海） ...

浙江天册律师事务所 关于 安乃达驱动技术（上海）股份有限公司 2024 年限制性股票与股票期权激励计划调整事项的 法律意见书 浙江省杭州市杭大路 1 号黄龙世纪广场 A 座 11 楼 310007 电话：0571-87901111 传真：0571-87901500 法律意见书 释 义 在本法律意见书中，除非文意另有所指，下列词语具有下述涵义： | 本所 | 浙江天册律师事务所 | | --- | --- | | 公司/安乃达 | 安乃达驱动技术（上海）股份有限公司 | | 本次股权激励计划/本激励计划/ | 安乃达驱动技术（上海）股份有限公司 2024 年限 | | 激励计划 | 制性股票与股票期权激励计划 | | 本次调整 | 安乃达驱动技术（上海）股份有限公司 2024 年限 制性股票与股票期权激励计划限制性股票授予价 | | | 格及回购价格、股票期权行权价格 | | 《激励计划》 | 《安乃达驱动技术（上海）股份有限公司 2024 年 | | | 限制性股票与股票期权激励计划》 | | 《考核办法》 | 《2024 年限制性股票与股票期权激励计划考核管 | | | 理办法》 | | 《证券法》 | 《 ...

投资金额：安乃达驱动技术（上海）股份有限公司（以下简称"公司"） 拟以自有资金出资 1,020 万元人民币与宁波迎凤一号自有资金投资合伙企业 （有限合伙）（以下简称"迎凤一号"）、宁波迎凤二号自有资金投资合伙企业 （有限合伙）（以下简称"迎凤二号"）、袁儒鹏共同设立子公司。设立完成后， 公司持有标的公司 51%股份。 根据《上海证券交易所股票上市规则》及《上海证券交易所上市公司自 律监管指引第 5 号——交易与关联交易》的规定，本次投资事项构成关联交易， 不构成重大资产重组。本次投资事项属于董事会决策权限，无需提交公司股东 会审议。 截至本公告披露日，过去 12 个月公司与关联方迎凤一号进行了 1 次交易， 交易金额为 60 万元。 相关风险提示：标的公司尚未完成工商注册登记，人员配置、业务开拓 等方面都需要进行建设和完善，实施情况和推进进度存在不确定性。标的公司 在未来运营过程中可能存在以下风险：标的公司设立初期人员配置不足可能导 致产品研发进展缓慢以及客户开拓不及预期的风险；市场需求不足或行业竞争 加剧可能导致标的公司收益不及预期的风险；宏观政策与外部市场环境的变化 证券代码：603350 证券简称：安乃 ...

证券代码：603350 证券简称：安乃达 公告编号：2025-058 安乃达驱动技术（上海）股份有限公司 第四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 安乃达驱动技术（上海）股份有限公司（以下简称"公司"）第四届董事会第 十次会议于2025年10月24日在公司会议室以现场结合通讯的方式召开，会议通知 和材料已于2025年10月18日以电子邮件等方式通知公司全体董事。会议由公司董 事长黄洪岳先生主持，应参会董事8名，实际参会董事8名。会议的召集、召开和 表决情况符合《中华人民共和国公司法》（以下简称《公司法》）等有关法律、 法规及《安乃达驱动技术（上海）股份有限公司章程》（以下简称《公司章程》） 的规定，形成的决议合法、有效。 二、董事会会议审议情况 经与会董事投票表决，本次会议审议并通过了以下议案： （一）审议通过《关于调整2024年限制性股票与股票期权激励计划限制性股 票授予价格及回购价格、股票期权行权价格的议案》 根据《上市公司股权激励管理办法》《安乃达驱动技术（上 ...

Financial Performance - The company's operating revenue for the third quarter reached ¥564,949,475.46, an increase of 27.81% compared to the same period last year[4] - The total profit for the quarter was ¥22,516,667.99, reflecting a significant increase of 155.23% year-over-year[4] - Net profit attributable to shareholders was ¥20,697,995.29, up by 105.50% compared to the previous year[4] - The net profit after deducting non-recurring gains and losses was ¥13,405,610.56, which represents a 40.47% increase from the same period last year[10] - The basic earnings per share for the quarter was ¥0.18, marking a 100.00% increase year-over-year[5] - Total operating revenue for the first three quarters of 2025 reached ¥1,597,113,542.33, a 34.1% increase from ¥1,190,992,767.64 in the same period of 2024[20] - Net profit for the first three quarters of 2025 was ¥95,762,246.07, compared to ¥84,577,939.88 in the same period of 2024, reflecting a growth of 13.9%[21] - Operating profit for the first three quarters of 2025 was ¥106,407,075.05, an increase from ¥92,685,202.76 in the previous year, marking a growth of 14.9%[20] - The company reported a basic earnings per share of ¥0.83 for the first three quarters of 2025, down from ¥0.88 in the same period of 2024[21] - The company reported a total profit of ¥55.25 million for the first three quarters of 2025, compared to ¥46.27 million in 2024, marking an increase of 19.67%[30] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,416,060,375.13, a 10.60% increase from the end of the previous year[5] - The total assets of the company amounted to ¥2,416,060,375.13, compared to ¥2,184,438,873.65 in the previous year, representing a growth of 10.6%[17] - Total liabilities increased to ¥1,096,462,579.37, up from ¥827,550,545.97, reflecting a growth of 32.5%[17] - The total liabilities as of September 30, 2025, were approximately $861.60 million, an increase from $813.19 million as of December 31, 2024[28] - The company's equity attributable to shareholders was ¥1,315,653,533.29, a slight decrease from ¥1,351,929,793.98 year-over-year[17] - The total equity as of September 30, 2025, was approximately $864.79 million, down from $949.64 million as of December 31, 2024[28] Cash Flow - The company reported a net cash flow from operating activities of -¥86,842,162.23 for the year-to-date, a decrease of 103.64% compared to the previous year[4] - The cash flow from operating activities for the first three quarters of 2025 showed a positive trend, although specific figures were not detailed in the provided content[22] - Cash inflow from operating activities for the first three quarters of 2025 was approximately $1.35 billion, an increase from $1.02 billion in the same period of 2024, representing a growth of about 32.3%[23] - The net cash flow from operating activities for the first three quarters of 2025 was -$86.84 million, worsening from -$42.64 million in the first three quarters of 2024[23] - The net cash flow from investment activities for the first three quarters of 2025 was -$34.16 million, an improvement compared to -$56.96 million in the first three quarters of 2024[24] - The company's cash outflow from financing activities in the first three quarters of 2025 was ¥214.55 million, compared to ¥106.95 million in 2024, indicating a rise of 100.00%[32] Shareholder Information - Total number of common shareholders at the end of the reporting period was 12,944[12] - The top 10 shareholders hold a combined 66.82% of the shares, with Zhejiang Jianfeng holding 26.29% and Zhuoda holding 25.25%[12] - The company has not reported any changes in the participation of major shareholders in margin trading and securities lending[13] - There are no significant changes in the shareholder structure or related party transactions reported[14] Research and Development - Research and development expenses rose to ¥58,338,086.68, up from ¥45,702,546.78, indicating a 27.5% increase year-over-year[20] - Research and development expenses increased to ¥34.96 million in 2025, compared to ¥30.17 million in 2024, reflecting a growth of 15.00%[30] Revenue Drivers - The increase in revenue was primarily driven by a recovery in demand in the electric bicycle market and changes in the product demand structure for electric assist bicycles[9] - The company received government subsidies related to revenue, contributing to the increase in total profit and net profit for the quarter[9]

Core Viewpoint - Ananda (603350.SH) is establishing a new company, Bolank Intelligent Technology (Suzhou) Co., Ltd., to capitalize on opportunities in the embodied intelligent robotics industry and to create a long-term incentive mechanism for its core team [1] Investment Details - The company plans to invest CNY 10.2 million, accounting for 51% of the registered capital of the new company [1] - Other investors include Yingfeng No. 1 with CNY 2.8 million (14%), Yingfeng No. 2 with CNY 6 million (30%), and individual investor Yuan Rupeng with CNY 1 million (5%) [1] - Following the completion of this investment, the new company will be included in the company's consolidated financial statements [1]

Market Overview - The electric motor sector increased by 0.75% compared to the previous trading day, with Dayang Electric leading the gains [1] - The Shanghai Composite Index closed at 3916.33, up 1.36%, while the Shenzhen Component Index closed at 13077.32, up 2.06% [1] Stock Performance - Dayang Electric (002249) closed at 11.48, rising by 2.96% with a trading volume of 2.67 million shares and a transaction value of 3.037 billion [1] - Other notable performers include: - Kaizhong Precision (002823) at 16.74, up 2.07% [1] - Bafang Electric (603489) at 24.88, up 1.97% [1] - Huayang Intelligent (301502) at 47.77, up 1.90% [1] - Kangping Technology (300907) at 33.04, up 1.63% [1] Fund Flow Analysis - The electric motor sector experienced a net outflow of 252 million from institutional investors, while retail investors saw a net inflow of 103 million [2] - Notable stock fund flows include: - Jiangte Electric (002176) with a net inflow of 26.04 million from institutional investors [3] - Huayi Shares (300626) with a net inflow of 24.04 million from institutional investors [3] - Zhaowei Electromechanical (003021) with a net inflow of 13.15 million from institutional investors [3]

Group 1 - The core viewpoint of the news is that Anada's stock experienced a decline of 2.84% on October 17, with a trading volume of 50.63 million yuan, indicating a potential shift in investor sentiment [1] - As of October 17, Anada's financing balance reached 135 million yuan, accounting for 8.23% of its market capitalization, which is above the 50th percentile level over the past year, suggesting a high level of financing activity [1] - Anada's main business involves the research, production, and sales of electric drive systems for two-wheeled electric vehicles, with revenue composition being 82.50% from hub motors, 10.17% from mid-mounted motors, and 6.79% from controllers and others [1] Group 2 - As of June 30, Anada had 12,300 shareholders, a decrease of 1.76% from the previous period, while the average number of circulating shares per person increased by 1.79% to 2,350 shares [2] - For the first half of 2025, Anada reported a revenue of 1.032 billion yuan, representing a year-on-year growth of 37.81%, while the net profit attributable to shareholders was 75.36 million yuan, showing a slight increase of 0.62% [2] - Anada has distributed a total of 145 million yuan in dividends since its A-share listing [3]