（文章来源：每日经济新闻） 每经AI快讯，9月5日，传感器板块震荡上扬，可川科技、科博达涨停，英飞特涨超10%，均胜电子、豪 恩汽电、汉威科技、福赛科技、曼恩斯特跟涨。 ...

第 710 期 2025-09-05 美国8月ADP就业人数增加了5.4万人，低于市场普遍预测的6.5万人，较上月修正后的10.6万明显放缓。数据低于预 期。 从市场表现看，美股盘初纳指、标普500指数上涨；美国各期限国债收益率多数下跌，10年期美债收益率盘中一度 创出阶段新低。 业内人士认为，美联储9月大概率重启降息，年内降息幅度有望达到50个基点，这被视为支撑黄金价格继续走强的 重要因素之一，四季度金价或继续上攻。 宏观要闻 央行将开展1万亿元买断式逆回购操作，专家预计四季度或将降准 焦点事件 中证指数公司将于9月11日发布4条指数 中证指数有限公司将于2025年9月11日正式发布中证A500相对成长指数、中证A500相对价值指数、中证A500纯成 长指数和中证A500纯价值指数，为市场提供多样化的投资标的。 重要数据不及预期！美联储9月降息概率提升 北京时间9月4日晚，美国8月ADP数据公布。 9月4日，央行发布公告称，为保持银行体系流动性充裕，9月5日将以固定数量、利率招标、多重价位中标方式开展 10000亿元买断式逆回购操作，期限为3个月（91天）。 东方金诚研究发展部王青认为，从保持流动性充裕，引 ...

科博达(603786)9月4日晚公告，公司拟以现金方式收购上海恪石投资管理有限公司（简称"上海恪石"） 持有的上海科博达智能科技有限公司（简称"科博达智能科技"）60%股权，交易价格为3.45亿元。上海 恪石是公司实控人柯桂华控制的企业，根据相关规定，本次交易构成关联交易。 科博达智能科技于2022年10月投资设立，系公司的参股公司。初始注册资本2亿元，目前实缴注册资本2 亿元。科博达智能科技设立至今，注册资本及股本结构未发生变化。科博达智能科技下属一家全资子公 司，为科博达智能科技（安徽）有限公司，成立于2023年3月，位于安徽省淮南市，注册资本1亿元。 科博达表示，为顺应全球汽车产业智能化发展趋势，公司持续拓展汽车智能化技术领域，以更宽领域、 更高技术水平参与全球市场竞争，致力为人类智慧出行提供更安全、更舒适、更节能的解决方案。通过 本次交易，公司可依托科博达智能科技在汽车智能中央算力平台及相关域控制器产品上的积累，切入汽 车智能化领域核心产品赛道，并获得相应技术能力、市场资源与项目经验，与公司产品战略规划高度契 合。 （文章来源：证券时报） 截至2025年7月31日，科博达智能科技和科博达智能科技（安徽 ...

截至2025年7月31日，科博达智能科技和科博达智能科技(安徽)有限公司持有境内已授权专利20件。 科博达（603786）9月4日晚公告，公司拟以现金方式收购上海恪石投资管理有限公司(简称"上海恪石") 持有的上海科博达智能科技有限公司(简称"科博达智能科技")60%股权，交易价格为3.45亿元。上海恪 石是公司实控人柯桂华控制的企业，根据相关规定，本次交易构成关联交易。 科博达智能科技于2022年10月投资设立，系公司的参股公司。初始注册资本2亿元，目前实缴注册资本2 亿元。科博达智能科技设立至今，注册资本及股本结构未发生变化。科博达智能科技下属一家全资子公 司，为科博达智能科技(安徽)有限公司，成立于2023年3月，位于安徽省淮南市，注册资本1亿元。 科博达表示，为顺应全球汽车产业智能化发展趋势，公司持续拓展汽车智能化技术领域，以更宽领域、 更高技术水平参与全球市场竞争，致力为人类智慧出行提供更安全、更舒适、更节能的解决方案。通过 本次交易，公司可依托科博达智能科技在汽车智能中央算力平台及相关域控制器产品上的积累，切入汽 车智能化领域核心产品赛道，并获得相应技术能力、市场资源与项目经验，与公司产品战略规划 ...

Group 1 - Guoxin Technology successfully tested a new generation of automotive electronic BLDC motor drive control high-performance chip "CBC2100B," which is based on 130nm BCD process and aims to address the MCU chip shortage in China's automotive industry, especially in new energy vehicles [1] - The chip is applicable in automotive electronic fields such as water pumps, oil pumps, and air conditioning fans, as well as in industrial control for BLDC motor drives and electrified equipment [1] Group 2 - Hangzhou High-tech experienced a change in control with the resignation of multiple key executives, including the chairman, vice chairman, and general manager, which may lead to a temporary reduction in the board's member count below the minimum required [2] - The resigning executives will continue to perform their duties until new appointments are made to ensure the company's normal operations [2] Group 3 - Zhonghuan Hailu decided to terminate the planning of a change in control due to disagreements with the trading party regarding future development arrangements [4] - The stock and convertible bonds of the company will resume trading on September 5, 2025 [4] Group 4 - ST Tianmao plans to voluntarily withdraw its A-shares from trading on the Shenzhen Stock Exchange and apply for transfer to the National SME Share Transfer System after the termination of listing [5] - The decision has been approved by the company's first temporary shareholders' meeting in 2025 [5] Group 5 - Beijing Lier signed a strategic cooperation agreement with SenseTime and Xiwang to explore AI computing power collaboration and the development of industrial manufacturing and decision-making AI vertical models [6] - Hunan Baiyin adjusted its share repurchase price ceiling from 5 yuan to 7 yuan per share due to the stock price exceeding the original limit [6] Group 6 - Dongnan Network won the bid for the "Pujiang Street Five Villages Joint Development Project" with a bid amount of 1.686 billion yuan, accounting for 15% of the company's audited revenue for 2024 [8] - Wens Foodstuff reported sales of 3.2457 million pigs in August 2025, generating revenue of 4.825 billion yuan, with a year-on-year price change of 37.88% [8] - Jiangling Motors sold 30,003 vehicles in August 2025, representing a year-on-year increase of 8.92% [8] Group 7 - Hubei Yihua completed the construction of a 200,000 tons/year caustic soda energy-saving renovation project, which has been put into production [9] - Satellite Chemical announced routine maintenance for its polyethylene and ethylene oxide/ethylene glycol facilities, expected to last 45 days [9] Group 8 - Shida Shenghua plans to establish a subsidiary for a 53,000 tons/year calcium chloride project with an investment of 25 million yuan, aimed at enhancing its resource advantages in the new energy materials sector [11] - Roman Co. intends to acquire a 39.2308% stake in Wutong Technology for 196.154 million yuan, which will make Wutong a subsidiary of Roman [11] Group 9 - Shanghai Laishi's executives plan to increase their shareholdings in the company with a total investment of no less than 6 million yuan [13]

Group 1 - The company Kobot has announced a cash acquisition of 60% equity in Shanghai Kobot Intelligent Technology from Shanghai Keshih, with a transaction price of 345 million yuan [2] - Following the acquisition, Kobot Intelligent Technology will become a subsidiary of the listed company and will be included in the consolidated financial statements starting from September 30, 2025 [2] - The acquisition aligns with the Chinese government's policy to encourage listed companies to focus on their core business and improve development quality through mergers and acquisitions [2] Group 2 - Kobot Intelligent Technology, established in October 2022, specializes in the research and production of automotive intelligent central computing platforms and related domain controllers [2] - The company has established deep collaborations with leading software algorithm companies and semiconductor solution providers, aiming to develop intelligent driving solutions for major global automotive brands [2] - The projected sales revenue from its designated projects is expected to exceed 20 billion yuan, with two domestic mainstream automotive brands already achieving large-scale production of related products [2] Group 3 - The agreement includes a profit commitment from Shanghai Keshih, ensuring that Kobot Intelligent Technology achieves a cumulative net profit of no less than 630 million yuan from August to December 2025 and during the 2026-2030 period [3] - Despite the profit commitment, the company has been operating at a loss since its establishment, and its business is influenced by macroeconomic conditions, industry cycles, and technological development [3] - Kobot emphasizes that the acquisition will enable it to quickly enter the core product segment of automotive intelligence, enhancing its technological capabilities and market resources [3] Group 4 - The transaction is expected to enhance cooperation with leading semiconductor manufacturers, improve the high-end semiconductor supply chain, and promote the upgrade of manufacturing processes towards "efficient intelligent manufacturing" [3] - This strategic move is anticipated to elevate the company's core competitiveness and market position in the automotive electronics sector [3] - The acquisition is in line with the company's development strategy and is expected to open new business growth opportunities, enhancing profitability and sustainable development [3]

Group 1: Company Announcements - Heng Rui Medicine has received the clinical trial approval notice for HRS-4729 injection, a self-developed peptide drug targeting GLP-1R, GIPR, and GCGR receptors, with no similar products approved in the market [1] - Hubei Yihua has successfully launched its 200,000 tons/year caustic soda project, aimed at upgrading its chlor-alkali chemical industry and enhancing market competitiveness [2] - Ji Min Health announced that its shareholder, Shuangge Group, plans to reduce its stake by up to 3%, equating to a maximum of 15.75 million shares [3] - China Shipbuilding intends to absorb and merge with China Shipbuilding Industry Corporation through a share exchange, with the latter's A-shares set to be delisted on September 5, 2025 [4] - Changfei Fiber reported that its shareholder, Changjiang Communication, plans to reduce its stake by up to 0.15%, totaling no more than 1.1 million shares [5] Group 2: Strategic Collaborations and Developments - Beijing Lier has signed a strategic cooperation agreement with SenseTime and Xiwang Technology to explore AI computing power collaboration and related applications [6] - Junsheng Electronics is collaborating with leading clients like Zhiyuan Robotics, having achieved bulk supply of customized main control boards and various sensors [7][8] - Guoxin Technology has successfully tested a new generation of high-performance chips for automotive electronic BLDC motor control, aimed at addressing the MCU chip shortage in the automotive sector [9] Group 3: Other Corporate Actions - Guoguang Chain's actual controller plans to reduce their stake by up to 2.99%, totaling a maximum of 12.506 million shares [10] - Zhonghuan Hailu has terminated its control change plan, with its stock set to resume trading on September 5, 2025 [11] - Various companies have reported significant project wins, including Ningbo Construction winning contracts worth 1.117 billion yuan [12]

2025.09. 04 以下是第一财经对一些重要公告的汇总，供投资者参考。 【品大事】 中国船舶： 9月5日中国重工A股股票将终止上市 中国船舶公告，公司拟换股吸收合并中国重工。中国重工股票将于2025年9月5日起终止上市。9月5 日中国重工A股股票终止上市后，中国重工A股股东的股票账户中即不再显示中国重工A股股票，相 对应的股票市值将无法在投资者账户总市值中体现，直至中国重工A股股票转换为中国船舶A股股票 并完成新增A股股份上市的相关手续后，中国重工原A股股东的股票账户中将自新增股份上市日起显 示中国船舶A股股票，相对应的股票市值将会在投资者账户总市值中体现。 三连板安正时尚：股价可能存在非理性炒作情形 安正时尚公告，公司股票在9月2日、9月3日、9月4日连续三个交易日以涨停价收盘，实际波动幅度 较大。公司股价短期涨幅较大，可能存在市场情绪过热、非理性炒作的情形。截至目前，除公司已披 露的信息外，未发现对公司股票交易价格可能产生较大影响的媒体报道或市场传闻，亦未涉及市场热 点概念的事项。 中环海陆：终止筹划控制权变更事项 9月5日复牌 中环海陆公告，公司收到公司控股股东、实控人吴君三的通知，由于吴君三与交易 ...

每经记者｜黄海 每经编辑｜魏官红 交易标的目前尚未盈利 汽车智能化赛道具有资金密集、技术密集与人才密集的特点，且技术迭代速度快、研发投入强度大、新 业务在孵化过程中不确定性高。为规避前期投资风险，科博达最初选择以战略参股的方式设立合资公司 科博达智能，从而正式进入汽车智能化核心技术中的自动驾驶相关产品领域。 据科博达介绍，科博达智能主要聚焦汽车智能化技术领域，面向全球汽车主机客户专业提供汽车智能中 央算力平台及相关域控制器产品。 因科博达智能仍处于成长阶段，截至今年7月尚未盈利。2024年及2025年1月至7月，科博达智能分别实 现营收1.78亿元和2.99亿元，对应净利润分别为亏损4189.58万元和亏损3518.55万元。 科博达介绍称，科博达智能2024年度研发费用率达43.62%，处于行业高位，叠加固定资产投入前置， 导致阶段性亏损。随着2024年第三季度首款产品实现规模化交付，营业收入呈现跨越式增长，收入规模 扩张带来的成本摊薄效应已初步显现，当期研发费用率较上年优化22.83个百分点至20.79%。 "车载灯控龙头"科博达（603786.SH，股价55.7元，市值224.95亿元）计划将实控人名下 ...

科博达智能科技2022年的成立，是科博达提前布局汽车智能化关键技术的一大举措。据悉，科博达智能 科技专注于提供安全、高性能的汽车智能中央算力平台及相关域控制器产品，具备行业前沿的软件算 法、硬件设计和生产制造能力。 需说明的是，汽车智能化赛道具有资金密集、技术密集与人才密集的特点，且技术迭代速度快、研发投 入强度大、新业务在孵化过程中不确定性高。科博达智能科技作为成长期的科技型企业，自成立以来持 续加大研发投入与产能建设，2024年度研发费用率达43.62%，处于行业高位，叠加固定资产投入前 置，此前处在阶段性亏损状态。 9月4日晚，科博达（603786）公告显示，公司拟以现金方式收购上海恪石投资管理有限公司(下称：上 海恪石)持有的上海科博达智能科技有限公司(下称：科博达智能科技)60%股权，交易对价为3.45亿元。 资料显示，科博达智能科技成立于2022年10月，实缴资本2亿元。此次交易前，上海恪石、三亚恪石投 资合伙企业(有限合伙)、科博达分别持股60%、20%、20%。其中，上海恪石是科博达实控人柯桂华控 制的企业；三亚恪石投资合伙企业(有限合伙)是科博达智能科技骨干员工股权激励平台，其有限合伙人 均 ...