Group 1 - The company will hold its second extraordinary general meeting of shareholders on November 20, 2025, to discuss an additional temporary proposal [2][4] - The proposal to be discussed is to lower the conversion price of the "Aidi Convertible Bonds" and requires approval from more than two-thirds of the voting rights at the meeting [3][27] - The proposal was submitted by Yantai Xiangyu Investment Co., Ltd., which holds 17.66% of the company's shares [2][3] Group 2 - The company has triggered the downward adjustment clause for the conversion price of the "Aidi Convertible Bonds" as the stock price has been below 85% of the current conversion price for at least 15 trading days within any 30 consecutive trading days [17][26] - The current conversion price is 23.58 yuan per share, and the adjusted price must not be lower than the higher of the average stock price over the last 20 trading days prior to the meeting and the previous trading day's average [27][25] - The company aims to support long-term stable development and optimize its capital structure through this adjustment [27]

| 证券代码：603638 | 证券简称：艾迪精密 | 公告编号：2025-047 | | --- | --- | --- | | 转债代码：113644 | 转债简称：艾迪转债 | | 烟台艾迪精密机械股份有限公司 关于董事会提议向下修正"艾迪转债"转股价格的公告 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、准确性和完整性承 担个别及连带责任。 重要内容提示： ●截至 2025 年 11 月 5 日，烟台艾迪精密机械股份有限公司（以 下简称"公司"）股票已出现在任意连续三十个交易日中至少有十五 个交易日的收盘价低于当期转股价格 85%（即 20.04 元/股）的情形， "艾迪转债"转股价格已触发向下修正条款。 ●经公司第五届董事会第十次会议审议，公司董事会提议向下 修正"艾迪转债"转股价格。 ●本次向下修正转股价格尚需提交公司 2025 年第二次临时股东 会审议。 一、可转换公司债券基本情况 经中国证券监督管理委员会《关于核准烟台艾迪精密机械股份 有限公司公开发行可转换公司债券的批复》（证监许可〔2022〕496 号）核准，烟台艾迪精密机械股份有限公 ...

| | | 烟台艾迪精密机械股份有限公司 关于2025年第二次临时股东会增加临时提案的公告 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。 一、 股东会有关情况 | 股份类别 | 股票代码 | 股票简称 | 股权登记日 | | --- | --- | --- | --- | | Ａ股 | 603638 | 艾迪精密 | 2025/11/12 | 二、 增加临时提案的情况说明 本次提交 2025 年第二次临时股东会审议的临时提案《关于向下修正 "艾迪 转债"转股价格的议案》须经出席会议的股东所持表决权的三分之二以上通过。 股东会进行表决时，持有"艾迪转债"的股东应当回避。本议案对中小投资者进 行单独计票并披露。具体内容详见公司于 2025 年 11 月 6 日在上海证券交易所网 站披露的《关于董事会提议向下修正"艾迪转债"转股价格的公告》（公告编号： 2025-047）。 三、 除了上述增加临时提案外，于2025 年 10 月 31 日公告的原股东会通知 事项不变。 四、 增加临时提案后股东会的有关情况。 (一)现场会议召开的日 ...

2025 年第二次临时股东会会议资料 2025 年第二次临时股东会 | 一、会议议程 . | | --- | | 二、会议须知 . | | 三、会议审议议案 . | | 1. 《关于公司 2025 年前三季度利润分配预案的议案》 | | 2. 《关于向下修正"艾迪转债"转股价格的议案》 . | 2025 年第二次临时股东会会议资料 一、会议议程 中国 • 烟台 二 0 二五年十一月 1.《关于公司 2025 年前三季度利润分配预案的议案》 一、会议时间 现场会议：2025 年 11 月 20 日（星期四）13:00； 网络投票：2025 年 11 月 20 日（星期四）采用上海证券交易所网络投票系 统，通过交易系统投票平台的投票时间为股东会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过互联网投票平台的投票时间为股东 会召开当日的 9:15-15:00。 2.《关于向下修正"艾迪转债"转股价格的议案》 五、会议流程 二、现场会议地点 山东省烟台经济技术开发区长江路 356 号公司办公楼 9 楼会议室。 三、会议主持人 烟台艾迪精密机械股份有限公司董事长 宋飞先生 ...

Group 1 - The core viewpoint of the news is that Aidi Precision has shown a positive stock performance and financial growth in recent periods, indicating potential investment opportunities [1][2]. Group 2 - As of November 4, Aidi Precision's stock price increased by 2.02%, reaching 19.23 CNY per share, with a total market capitalization of 15.982 billion CNY [1]. - The company has seen a year-to-date stock price increase of 14.19%, with a 5-day increase of 8.83%, a 20-day increase of 3.33%, and a 60-day increase of 4.06% [1]. - The main business revenue composition includes hydraulic components (63.12%), breakers (26.65%), and other products (8.24%) [1]. - As of September 30, the number of shareholders increased to 23,000, up by 11.11%, while the average circulating shares per person decreased by 10.00% to 36,157 shares [2]. - For the period from January to September 2025, Aidi Precision achieved operating revenue of 2.374 billion CNY, a year-on-year increase of 16.49%, and a net profit attributable to shareholders of 316 million CNY, a year-on-year increase of 12.63% [2]. - The company has distributed a total of 720 million CNY in dividends since its A-share listing, with 292 million CNY distributed in the last three years [2].

Core Viewpoint - The company, Aidi Precision (603638), reported a revenue of 2.374 billion yuan for the first three quarters of 2025, reflecting a year-on-year growth of 16.49% and a net profit attributable to shareholders of 316 million yuan, up 12.63% year-on-year [1][2]. Financial Performance - The company achieved an operating revenue of 2.374 billion yuan, a year-on-year increase of 16.49% [2]. - The total profit for the period was approximately 373 million yuan, representing a 13.84% increase compared to the previous year [2]. - The net profit attributable to shareholders was 316 million yuan, with a year-on-year growth of 12.63% [2]. - The net profit after deducting non-recurring gains and losses was 291 million yuan, up 15.23% year-on-year [2]. - The net cash flow from operating activities was 461 million yuan, showing a significant increase of 371.99% [1][7]. - Basic earnings per share were reported at 0.38 yuan, with a year-on-year increase of 11.76% [2]. - The weighted average return on equity was 8.90%, an increase of 0.57 percentage points year-on-year [4]. Asset and Liability Changes - As of the end of Q3 2025, total assets amounted to approximately 6.894 billion yuan, a slight increase of 0.51% from the previous year [2]. - The company's cash and cash equivalents decreased by 43.52% compared to the end of the previous year, while inventory increased by 12.62% [8]. - Accounts receivable decreased by 14.01%, and trade payables decreased by 13.01% [10]. Investment and Financing Activities - The net cash flow from financing activities was -270 million yuan, a decrease of 270 million yuan year-on-year [7]. - The net cash flow from investing activities was -579 million yuan, compared to a positive cash flow of 233 million yuan in the same period last year [7]. Dividend Distribution - The company proposed a dividend distribution plan of 1 yuan per 10 shares (before tax) for all shareholders [1].

Core Insights - Yantai Eddie Precision Machinery Co., Ltd. reported a steady growth in its Q3 performance, with a revenue of 2.374 billion yuan, a year-on-year increase of 16.49%, and a net profit attributable to shareholders of 316 million yuan, up 12.63% [1] - In Q3 alone, the company achieved a revenue of 806 million yuan, reflecting a year-on-year growth of 23.59%, and a net profit of 109 million yuan, which is a 29.66% increase [1] - The company experienced a significant improvement in cash flow, with a net cash flow from operating activities reaching 461 million yuan, a staggering increase of 371.99% year-on-year [1] Financial Performance - For the first three quarters, the company’s revenue was 2.374 billion yuan, with a net profit of 316 million yuan [1] - Q3 results showed a revenue of 806 million yuan and a net profit of 109 million yuan [1] - The substantial improvement in cash flow supports ongoing investments in technology R&D, capacity expansion, and market development [1] Business Operations - The company focuses on high-end hydraulic components and hydraulic demolition tools, with a strong product competitiveness leading to increased sales [1] - Continuous investment in R&D and product differentiation strategies are being implemented to enhance profitability [2] - New business segments, including hard alloy tools and industrial robots, have started to contribute positively to revenue [2] Future Outlook - The management expresses confidence in the market outlook for 2026, anticipating continued growth in market share and profitability from newly developed products [2] - The Thailand factory's first phase is completed and is expected to begin production by the end of November, aiding international expansion and supply chain optimization [2]

Core Points - The Shanghai Composite Index is at 3966.25 points, above the six-month moving average, with a decline of 0.52% [1] - A total of 257 A-shares have surpassed the six-month moving average today, with notable stocks showing significant deviation rates [1] Summary by Category Stock Performance - The total trading volume of A-shares today is 115.87 billion yuan [1] - Stocks with the highest deviation rates include: - Yatong Precision Engineering: 8.41% deviation, closing at 25.23 yuan, with a daily increase of 9.98% and a turnover rate of 27.37% [1] - Aorui Technology: 6.91% deviation, closing at 3.56 yuan, with a daily increase of 9.88% and a turnover rate of 8.56% [1] - Zhuoyue New Energy: 6.42% deviation, closing at 48.54 yuan, with a daily increase of 8.71% and a turnover rate of 1.83% [1] Additional Notable Stocks - Other stocks with significant performance include: - Hualan Group: 5.49% deviation, closing at 17.75 yuan, with a daily increase of 7.58% [1] - Wento Holdings: 5.09% deviation, closing at 2.59 yuan, with a daily increase of 5.71% [1] - Stocks with smaller deviation rates that just crossed the six-month line include Southeast Electronics, Meixin Yishen, and Renfu Pharmaceutical [1]

Core Viewpoint - The company, Aidi Precision, is a leading player in the domestic engineering machinery accessories sector, focusing on hydraulic technology research and product development, showcasing strong technical capabilities and market competitiveness [1] Group 1: Business Performance - In Q3 2025, Aidi Precision achieved a revenue of 2.374 billion yuan, ranking second among 12 companies in the industry, with the industry leader, Hengli Hydraulic, reporting 7.79 billion yuan [2] - The main business composition includes hydraulic components at 990 million yuan (63.12%), hydraulic breakers at 418 million yuan (26.65%), and other products at 129 million yuan (8.24%) [2] - The net profit for the same period was 321 million yuan, also ranking second in the industry, with Hengli Hydraulic leading at 2.091 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, Aidi Precision's debt-to-asset ratio was 44.26%, down from 46.95% year-on-year, which is higher than the industry average of 29.94% [3] - The gross profit margin for the same period was 28.57%, slightly down from 30.43% year-on-year, but still above the industry average of 27.79% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 11.11% to 23,000, while the average number of circulating A-shares held per account decreased by 10% to 36,200 [5] Group 4: Future Outlook - The company is expected to see a revenue increase to 2.725 billion yuan in 2024, a year-on-year growth of 21.9%, with a net profit of 344 million yuan, also a 23.5% increase [5] - The hydraulic components business is anticipated to benefit from the recovery in the engineering machinery sector, with ongoing investments in R&D and expansion into new product lines [6] - The company is constructing a new factory in Thailand and advancing the Aiqi Precision high-end hydraulic components project [5]

2025 年第二次临时股东会会议资料 2025 年第二次临时股东会 中国 • 烟台 二 0 二五年十一月 | 一、会议议程 . | | --- | | 会议须知 . | | 三、会议审议议案 . | | 1. 《关于公司 2025 年前三季度利润分配预案的议案》 . | 2025 年第二次临时股东会会议资料 一、会议议程 一、会议时间 现场会议：2025 年 11 月 20 日（星期四）13:00； 网络投票：2025 年 11 月 20 日（星期四）采用上海证券交易所网络投票系 统，通过交易系统投票平台的投票时间为股东会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过互联网投票平台的投票时间为股东 会召开当日的 9:15-15:00。 二、现场会议地点 山东省烟台经济技术开发区长江路 356 号公司办公楼 9 楼会议室。 三、会议主持人 烟台艾迪精密机械股份有限公司董事长 宋飞先生。 四、会议审议事项 1.《关于公司 2025 年前三季度利润分配预案的议案》 五、会议流程 （一）会议开始 （二）宣读议案 1、宣读股东会会议议案 （三）审议议案并投票表决 - 1 ...