第一条 为适应宁波高发汽车控制系统股份有限公司（以下简称"公司"）企 业战略的发展需要，保证公司发展规划和战略决策的科学性，增强公司的可持续 发展能力，公司董事会特决定下设战略委员会，作为研究、制订、规划公司长期 发展战略的专门机构。 第二条 为规范、高效地开展工作，公司董事会根据《公司法》、《上市公司 治理准则》、《宁波高发汽车控制系统股份有限公司章程》（以下简称《公司章程》） 等有关法律、法规和规范性文件的有关规定，制订本议事规则。 第三条 战略委员会是公司董事会的下设专门机构，主要负责对公司长期发 展战略规划、重大战略性投资进行可行性研究，向董事会报告工作并对董事会负 责。 第四条 战略委员会所作决议，必须遵守《公司章程》、本议事规则及其他有 关法律、法规的规定；战略委员会决议内容违反《公司章程》、本议事规则及其 他有关法律、法规的规定，该项决议无效。 第二章 人员组成 第五条 战略委员会由三名董事组成，其中包括一名独立董事。战略委员会 委员由公司董事会选举产生。 第六条 战略委员会设主任一名，由公司董事长担任。 宁波高发汽车控制系统股份有限公司 董事会战略委员会议事规则 第一章 总则 （四）具备良好的 ...

Core Viewpoint - Ningbo Gaofa Automotive Control System Co., Ltd. will hold an online performance briefing for the third quarter of 2025 on October 31, 2025, to discuss its operational results and financial indicators with investors [1][2]. Group 1: Meeting Details - The performance briefing is scheduled for October 31, 2025, from 9:00 AM to 10:00 AM [3]. - The meeting will be conducted via the Shanghai Stock Exchange Roadshow Center [5]. - Participants will include the company's Vice Chairman, Chief Financial Officer, Board Secretary, and Independent Director [3]. Group 2: Investor Participation - Investors can join the meeting online through the Shanghai Stock Exchange Roadshow Center on the scheduled date [4]. - Questions can be submitted from October 25 to October 30, 2025, via the Roadshow Center's pre-submission section or through the company's email [4][6]. - The company will address commonly asked questions during the briefing [2][4].

宁波高发汽车控制系统股份有限公司 关于召开2025年第三季度业绩说明会的公告 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： 宁波高发汽车控制系统股份有限公司（以下简称"公司"）将于 2025 年 10 月 29 日 发布公司《2025 年第三季度报告》，为便于广大投资者更全面深入地了解公司 2025 年 第三季度经营成果、财务状况，公司计划于 2025 年 10 月 31 日上午 09:00-10:00 举行 2025 年第三季度网上业绩说明会，就投资者关心的问题进行交流。 证券代码：603788 证券简称：宁波高发 公告编号：2025-034 召开时间：2025 年 10 月 31 日（星期五）上午 9:00-10:00 召开网址：上证路演中心（网址：https://roadshow.sseinfo.com/） 会议召开时间：2025 年 10 月 31 日（星期五）上午 9:00-10:00 会 议 召 开 网 址 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https: ...

Group 1 - Ningbo Gaofa Automotive Control System Co., Ltd. announced the change of registered address for its wholly-owned subsidiary, Ningbo Gaofa New Energy Vehicle Components Co., Ltd., to align with its actual operational needs [1][2] - The new registered address is located at 255 Shenmingting Road, Jiangbei District, Ningbo, Zhejiang Province, with the previous address being 8 Changxing Road, Jiangbei District, Ningbo [2] - The change in address is expected to have no adverse impact on the company, as it reflects the completion of the main construction of the factory [2] Group 2 - The company has authorized the use of idle self-owned funds for financial management, with a maximum amount not exceeding RMB 500 million [5] - As of the announcement date, the company has utilized RMB 228 million of idle funds to purchase wealth management products from various financial institutions, including Bank of Communications and Shanghai Pudong Development Bank [6] - The investment in wealth management products is conducted while ensuring that the company's normal operations and cash flow are not affected [6][7]

Core Insights - The report highlights a significant decline in pig prices, with the average price of live pigs dropping to 12.82 yuan/kg by September 19, marking a three-year low [5][6] - The report indicates that the supply side is experiencing pressure due to increased market supply, while demand remains weak, particularly affected by high temperatures in August [5][6] - The government is implementing stricter policies to control pig production capacity, aiming to stabilize prices and promote high-quality development in the industry [6] Industry Overview - In August 2025, the average prices for piglets, live pigs, and pork were 33.63 yuan/kg, 14.35 yuan/kg, and 24.98 yuan/kg, respectively, showing month-on-month declines of 5.87%, 3.77%, and 1.52% [5] - The report notes that the number of breeding sows in July was 40.42 million, with a slight decrease, indicating a trend of capacity reduction in the industry [5] - The report anticipates that the short-term pressure on pig prices will lead to a long-term upward trend as the government’s capacity reduction policies take effect [6] Company Insights - Major companies in the pig farming sector, such as Muyuan Foods and Wens Foodstuff Group, reported significant declines in sales prices in August, with average sales prices of 13.51 yuan/kg and 13.90 yuan/kg, respectively [7] - The report suggests that companies with strong cost advantages are likely to maintain profitability despite the current market pressures [6] - The report recommends focusing on leading companies in the industry, such as Muyuan Foods and Wens Foodstuff Group, which are expected to perform well in the long term [6]

证券代码： 603788 证券简称：宁波高发 公告编号： 2025-032 宁波高发汽车控制系统股份有限公司 关于全资子公司变更注册地址的公告 本公司及董事会全体成员保证公告内容不存在虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实、准确和完整承担个别及连带责任。 宁波高发汽车控制系统股份有限公司（以下简称"公司"）全资子公司宁波 高发新能源汽车部件有限公司因实际经营需要变更了注册地址，于近日完成了工 商变更登记并领取了营业执照。具体情况如下： 变更前住所：浙江省宁波市江北区长兴路 8 号 3 幢 1 楼 C130 二、对公司的影响 类型：有限责任公司（自然人投资或控股的法人独资） 法定代表人：钱高法 经营范围：一般项目：汽车零部件及配件制造；汽车零部件研发；汽车零配 件批发；汽车零配件零售；集成电路设计；集成电路制造；电子元器件制造；集 成电路销售；电子产品销售；软件开发（除依法须经批准的项目外，凭营业执照 依法自主开展经营活动）。 注册资本：壹亿贰仟万元整 成立日期：2023 年 12 月 04 日 住所：浙江省宁波市江北区申明亭路 255 号（变更后） 一、基本信息 名称：宁波高发新能源汽车部件有限 ...

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： 基本情况 证券代码：603788 证券简称：宁波高发 公告编号：2025-033 宁波高发汽车控制系统股份有限公司 关于使用闲置自有资金委托理财的进展公告 | 产品名称 | 上银理财"美好"系列稳健封闭式理财产品 WPWF25M06034 | | --- | --- | | | 期 | | 受托方名称 | 上银理财有限责任公司 | | 购买金额 | 万元 3,000 | | 产品期限 | 2025/08/19-2026/03/03（196 天） | | 产品名称 | 交通银行蕴通财富定期型结构性存款 天（挂钩汇率看涨） 98 | | --- | --- | | 受托方名称 | 交通银行股份有限公司 | | 购买金额 3,000 | 万元 | | 产品期限 | 2025/09/22-2025/12/29（98 天） | | 产品名称 | 利多多公司稳利25JG3364期(月月滚利特供款C)人民币对公 | | --- | --- | | | 结构性存款 | | 受托方 ...

Core Insights - The report highlights the significant growth potential in the pet medical market, driven by increasing pet ownership and the aging of pets, with a projected market size of 549 billion yuan by 2024 and a potential growth to 1,011 billion yuan by 2030 [10][12] - The report emphasizes the advantages of nationwide chain pet medical institutions in terms of medical technology and platform management, which are crucial for providing comprehensive services and maintaining competitive advantages [13][14] - The report identifies key players in the domestic pet medical market, including New Ruipeng, Ruipai, and Ruichen, which are establishing a competitive landscape with a focus on operational quality and efficiency [14] Company-Specific Insights - Weixinno has signed an investment cooperation agreement with Kunshan Weixin to establish a global new display industry innovation center project with a total investment of approximately 5 billion yuan [4] - Dongshan Precision is planning to issue H shares and list on the Hong Kong Stock Exchange, with discussions ongoing with relevant intermediaries [4] - Hualing Cable intends to acquire control of Anhui San Bamboo Intelligent Technology Co., which produces connectors for high-end applications [4] - Postal Savings Bank announced the absorption and merger of its wholly-owned subsidiary, optimizing its management and business structure [4] - Wolker Materials has approved an investment of up to 1 billion yuan for a new materials project in Jiangsu Province [4] Industry Insights - The report discusses the ongoing trend of "anti-involution" in the express delivery industry, which has led to a decrease in the practice of competing on price, resulting in a noticeable increase in single-ticket revenue for companies like Shentong and Yunda [6][7] - The express delivery industry is experiencing a slowdown in volume growth, with a year-on-year increase of 12.3% in August, indicating a shift towards service quality over price competition [6][8] - The report anticipates that the anti-involution policies will continue to positively impact industry profitability and stock prices, particularly for leading companies like Zhongtong and Yuantong [8]

Core Insights - The report highlights the significant growth potential in the pet medical market, driven by increasing pet ownership and the aging of pets, with a projected market size of 549 billion yuan by 2024 and a potential growth to 1,011 billion yuan by 2030 [10][12] - The report emphasizes the advantages of nationwide chain pet medical institutions in terms of medical technology and platform management, which are crucial for providing comprehensive diagnostic services and maintaining competitive advantages [13][14] - The report identifies the current competitive landscape in the pet medical industry, noting the presence of major players such as New Ruipeng, Ruipai, and Ruichen, and suggests that the industry is transitioning from aggressive expansion to improving operational quality [11][14] Industry Overview - The pet medical industry is positioned at the downstream of the pet industry chain, directly serving pets and their owners through various medical services [9] - The report indicates that the pet medical consumption market is expected to grow at a compound annual growth rate of 10.68% due to increasing consumer willingness to spend on pet healthcare [10] - The current chain rate of pet medical institutions in China is approximately 21.1%, indicating room for growth compared to the 30% chain rate in the U.S. market [11] Company Insights - New Ruipeng is identified as the largest nationwide pet chain medical institution in China, with over 1,500 hospitals across more than 100 cities [14] - Ruipai Pet Hospital has nearly 600 locations and has seen significant growth in patient volume, supported by capital expansion [14] - Ruichen Pet Hospital, a newer entrant, has established over 200 hospitals in major cities, indicating a competitive and expanding market [14]

Core Views - The report highlights the significant growth potential in the pet medical service market, driven by increasing pet ownership and the aging of pets, with a projected market size of 549 billion yuan by 2024 and a potential of 1,854 billion yuan if full coverage is achieved [6][7] - The report emphasizes the importance of national chain models in the pet medical industry, noting that the current chain rate is around 21.1%, which has room for improvement compared to the US market's 30% [7][10] - The competitive landscape is characterized by major players such as New Ruipeng, Ruipai, and Ruichen, indicating a stable market structure with a focus on operational quality and efficiency [7][10] Industry Overview - The pet medical industry is positioned at the downstream of the pet industry chain, directly interacting with pets and their owners, providing a range of services from vaccinations to surgeries [5] - The report forecasts a compound annual growth rate (CAGR) of 10.68% for the pet medical market, with expectations of reaching 1,011 billion yuan by 2030 if the pet population continues to grow at 1.5% [6][7] - The report identifies the core competencies of national chain pet medical institutions in terms of medical technology and platform management, which are crucial for providing comprehensive services and maintaining competitive advantages [8][9] Company Insights - Baoli International plans to invest in Nanjing Hongtai Semiconductor Technology Co., Ltd., reflecting confidence in the semiconductor testing equipment sector [4] - Xinda Biologics received approval for a new drug application for a diabetes treatment, indicating growth opportunities in the biopharmaceutical sector [4] - New Xiangwei's subsidiary is increasing its stake in a tech company focused on AI, showcasing strategic investments in high-growth areas [4] - Junhua Technology is expected to positively impact its financial performance through a significant procurement project with the State Grid Corporation [4]