Core Viewpoint - The company has announced the completion of its "annual production of 1 million sets of electronic control chassis brake system industrialization project" by December 31, 2025, and is now closing the project [1] Financial Summary - The total committed investment amount for the project was 226.45 million yuan, with a cumulative investment of 176.39 million yuan [1] - The remaining raised funds (including interest) amount to 6.61 million yuan, which will be used to permanently supplement working capital [1] - The actual amount will be based on the balance of the special account on the day of fund transfer [1]

Group 1 - The core viewpoint of the article highlights the progress of Bertelli's L3 and the imminent mass production of EMB, indicating a strong growth trajectory in the humanoid robot business [1] - The company has secured multiple clients for its EMB solutions, including a major domestic automotive enterprise, which will provide a complete EMB solution for its entire range of pure electric mid-to-large luxury sedans by October 31, 2025 [1] - The EMB production line has been completed and is expected to deliver small batches by the end of 2025, with full-scale production commencing in the first half of 2026 [1] Group 2 - The company plans to initiate the development of robot screws and motors in 2026, with mass production anticipated by mid-2026 [1] - The research report maintains a "buy" rating for the company's stock, reflecting confidence in its growth prospects [1]

Core Viewpoint - The automotive parts sector experienced a notable increase of 1.38% on January 6, with significant contributions from companies like 豪恩汽电, as the overall market indices also showed positive performance [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 4083.67, up by 1.5% [1]. - The Shenzhen Component Index closed at 14022.55, up by 1.4% [1]. - The automotive parts sector saw a net inflow of 1.279 billion yuan from major funds, while retail investors contributed a net inflow of 114 million yuan [2]. Group 2: Individual Stock Performance - 豪恩汽电 (301488) led the sector with a closing price of 177.49, reflecting a 12.93% increase and a trading volume of 77,600 shares, amounting to 1.329 billion yuan [1]. - 山子高科 (000981) and 索菱股份 (002766) also showed strong performance, with increases of 10.12% and 10.06%, respectively [1]. - The table of individual stock performance indicates that several companies in the automotive parts sector experienced significant gains, with multiple stocks rising by over 10% [1]. Group 3: Fund Flow Analysis - Major funds showed a net inflow in stocks like 山子高科 (000981) with 1.428 billion yuan, while retail investors had a net outflow [3]. - 浙江世宝 (002703) attracted a net inflow of 310 million yuan from major funds, indicating strong institutional interest [3]. - The analysis of fund flows reveals a mixed sentiment, with major funds favoring certain stocks while retail investors exhibited caution [3].

证券代码：603596 证券简称：伯特利 公告编号：2026-003 (二)离任对公司的影响 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： 芜湖伯特利汽车安全系统股份有限公司（以下简称"公司"）董事会近日收到公司副总经理杨卫东先生递 交的书面辞职报告。因个人原因，杨卫东先生向董事会提出辞去公司副总经理职务。具体情况如下： 一、高级管理人员离任情况 (一)提前离任的基本情况 ■ 转债代码：113696 转债简称：伯25转债 芜湖伯特利汽车安全系统股份有限公司 关于公司高级管理人员离任的公告 杨卫东先生的辞职报告自送达公司董事会之日起生效。杨卫东先生已根据公司《董事、高级管理人员离 职管理制度》做好交接工作，其辞职不会对公司的日常经营造成不利影响。辞职后，杨卫东先生将不在 公司担任任何职务。截至本公告披露日，杨卫东先生通过芜湖伯特利投资管理中心（有限合伙）间接持 有公司2,881,085股股票，辞职后仍将继续遵守股份限售的承诺。 公司及公司董事会对杨卫东先生在任职期间为公司做出的贡献表示衷心的感谢！ 特此公告。 ...

格隆汇1月5日丨伯特利(603596.SH)公布，公司董事会近日收到公司副总经理杨卫东先生递交的书 面辞职报告。因个人原因，杨卫东先生向董事会提出辞去公司副总经理职务。 ...

芜湖伯特利汽车安全系统股份有限公司 关于公司高级管理人员离任的公告 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法律责任。 重要内容提示： | 证券代码：603596 | 证券简称：伯特利 | | 公告编号：2026-003 | | --- | --- | --- | --- | | 转债代码：113696 | 转债简称：伯 25 | 转债 | | (二) 离任对公司的影响 杨卫东先生的辞职报告自送达公司董事会之日起生效。杨卫东先生已根据公司 《董事、高级管理人员离职管理制度》做好交接工作，其辞职不会对公司的日常经营 造成不利影响。辞职后，杨卫东先生将不在公司担任任何职务。截至本公告披露日， 杨卫东先生通过芜湖伯特利投资管理中心（有限合伙）间接持有公司 2,881,085 股股 票，辞职后仍将继续遵守股份限售的承诺。 公司及公司董事会对杨卫东先生在任职期间为公司做出的贡献表示衷心的感谢！ 特此公告。 芜湖伯特利汽车安全系统股份有限公司 董 事 会 2026 年 1 月 6 日 芜湖伯特利汽车安全系统股份有限公司（以下简称"公司"）董事 ...

南财智讯1月5日电，伯特利公告，公司董事会近日收到副总经理杨卫东先生递交的书面辞职报告。因个 人原因，杨卫东先生向董事会提出辞去公司副总经理职务。杨卫东先生的辞职报告自送达公司董事会之 日起生效。辞职后，杨卫东先生将不在公司担任任何职务。截至本公告披露日，杨卫东先生通过芜湖伯 特利投资管理中心（有限合伙）间接持有公司2,881,085股股票，辞职后仍将继续遵守股份限售的承诺。 ...

Investment Rating - The report maintains an "Outperform" rating for the automotive intelligence industry [5][6]. Core Insights - The automotive intelligence sector is witnessing significant advancements, particularly in L3 autonomous driving technology, with multiple companies receiving regulatory approvals for their products [15][19]. - The penetration rates for advanced driver-assistance systems (ADAS) and various sensor technologies are on the rise, indicating a growing market for intelligent vehicles [3][2]. - Key companies in the sector, such as Xpeng Motors, Horizon Robotics, and WeRide, are highlighted for their potential growth and investment opportunities [5][3]. Summary by Sections Industry News - The Ministry of Industry and Information Technology has approved two L3 autonomous driving vehicle models, marking a significant step towards commercialization [15]. - Xpeng Motors has obtained a road testing license for L3 autonomous driving in Guangzhou, while BYD has completed extensive road validation for L3 technology [18][17]. - WeRide's Robotaxi service has expanded to over 10 cities globally, showcasing the commercial viability of autonomous driving technology [20]. High-Frequency Core Data Updates - By October 2025, the penetration rate of 800 million pixel cameras in passenger vehicles is expected to reach 49.7%, a year-on-year increase of 31% [2]. - The market share of lidar technology in passenger vehicles is projected to rise to 14.3%, with significant contributions from companies like Huawei and Hesai Technology [2]. - The penetration rate of L2 and above intelligent driving functions in passenger vehicles has increased to 33%, reflecting a 19% year-on-year growth [3]. Investment Recommendations - Recommended companies for investment include Xpeng Motors, Leap Motor, and Geely for complete vehicles, while WeRide and Horizon Robotics are suggested for L4 technology [3]. - For components, companies like SUTENG and Hesai Technology are recommended for data acquisition, while Horizon Robotics and Black Sesame Intelligence are highlighted for data processing [3].

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： 过去 12 个月与同一关联人进行的交易以及与不同关联人进行的交易类别相 关的交易的累计次数及其金额：公司与奇瑞汽车的关联交易主要为日常关联交易，截 至本公告日，除已经股东会审议通过披露的日常关联交易事项外，过去 12 个月内公 司不存在与同一关联人或与不同关联人之间相同交易类别下标的相关的关联交易。 交易实施尚需履行的审批及其他相关程序 | 证券代码：603596 | 证券简称：伯特利 | 公告编号：2026-002 | | --- | --- | --- | | 转债代码：113696 | 转债简称：伯 | 转债 25 | 芜湖伯特利汽车安全系统股份有限公司 关于向关联方投资的公司增资暨关联交易的公告 其它需要提醒投资者重点关注的风险事项 本次投资系基于公司战略发展规划和业务协同需要，标的公司在未来经营运作的 过程中，受宏观经济、行业政策、市场和竞争环境变化、运营管理等多方面因素影响， 公司本次投资的收益具有不确定性，敬请广大投资者注意投资风险。 一、关联对外投 ...

| 证券代码：603596 | 证券简称：伯特利 | | 公告编号：2026-001 | | --- | --- | --- | --- | | 转债代码：113696 | 转债简称：伯 25 | 转债 | | 芜湖伯特利汽车安全系统股份有限公司 公司董事会授权公司管理层负责办理本次向关联方投资的公司增资有关事项，包括 但不限于签署相关协议、办理相关手续等具体事宜。 表决结果：8 票赞成，0 票反对，0 票弃权；其中关联董事付鹏九回避表决。 第四届董事会第十三次会议决议公告 具体内容详见公司 2026 年 1 月 1 日刊登在上海证券交易所网站（www.sse.com.cn） 及《中国证券报》、《上海证券报》上的《伯特利关于向关联方投资的公司增资暨关联交 易的公告》（公告编号：2026-002）。 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 芜湖伯特利汽车安全系统股份有限公司（以下简称"公司"）第四届董事会第十三次 会议（临时）于 2025 年 12 月 31 日上午 10:00 在公司五楼会议室以 ...