Transaction Overview - Hunan Baili Engineering Technology Co., Ltd. (the "Company") through its wholly-owned subsidiary Changzhou Baili Lithium Battery Smart Factory Co., Ltd. (referred to as "Baili Lithium") signed a share transfer agreement with Wuxi Baiqing Intelligent Robot Technology Co., Ltd. (referred to as "Wuxi Baiqing") shareholder Zhu Yueyuan in August 2022, acquiring 60% of Wuxi Baiqing's shares for a cash consideration of 1.2 million yuan [2] - Recently, Baili Lithium signed a share transfer agreement to sell 40.1% of its shares in Wuxi Baiqing back to Zhu Yueyuan and Jia Shaohua for a cash consideration of 1 yuan, reducing its stake from 60% to 19.9% [2] Counterparty Information - The counterparties for the transaction are Zhu Yueyuan and Jia Shaohua, who are natural shareholders of Wuxi Baiqing, each holding 20% of the shares prior to the transfer [3] Target Company Information - Wuxi Baiqing was established on May 5, 2016, with a registered capital of 12 million yuan. Its main business includes the research and development of intelligent robots, manufacturing and sales of industrial robots, and various technical services [4] Financial Interactions - As of August 2025, Baili Technology had accounts receivable from Wuxi Baiqing amounting to 2.6 million yuan. A four-party agreement was signed to transfer this receivable to Baili Lithium, which will offset its payables to Wuxi Baiqing [5] - Baili Lithium had no accounts receivable from Wuxi Baiqing as of August 2025, but had a guarantee balance of 5 million yuan, expiring on December 29, 2026 [5] Share Transfer Agreement Details - The share transfer involves 40.1% of Wuxi Baiqing's shares, with the transfer price set at 1 yuan. The agreement stipulates that the transfer must be completed within 15 working days after payment [6][7] Impact of the Transaction - The share transfer is part of the Company's strategic transformation to focus on high-end intelligent equipment and smart factory solutions for new materials and energy sectors. It aims to optimize resource allocation and improve operational efficiency without adversely affecting the Company's financial status or shareholder interests [12]

Transaction Overview - Hunan Baili Engineering Technology Co., Ltd. (the "Company") announced that its wholly-owned subsidiary, Changzhou Baili Lithium Battery Smart Factory Co., Ltd. ("Baili Lithium"), signed a share transfer agreement to acquire 60% of Wuxi Baiqing Intelligent Robot Technology Co., Ltd. ("Wuxi Baiqing") for 1.2 million yuan in cash in August 2022 [2] - Recently, Baili Lithium signed a share transfer agreement to sell 40.1% of its shares in Wuxi Baiqing to shareholders Zhu Yueyuan and Jia Shaohua for 1 yuan, reducing its stake from 60% to 19.9% [2][6] Counterparty Information - The counterparties for the transaction are Zhu Yueyuan and Jia Shaohua, who are natural person shareholders of Wuxi Baiqing, each holding 20% of the shares prior to the transfer [3] Target Company Information - Wuxi Baiqing was established on May 5, 2016, with a registered capital of 12 million yuan. Its main business includes research and development of intelligent robots, manufacturing and sales of industrial robots, and various technical services [4] Financial Information - As of August 2025, Baili Technology had accounts receivable from Wuxi Baiqing amounting to 2.6 million yuan. A four-party agreement was signed to transfer this receivable to Baili Lithium, which will offset its payables to Wuxi Baiqing [5] Impact of the Transaction - The share transfer is part of the Company's strategic development plan to focus on high-end intelligent equipment and smart factory solutions for new materials and energy sectors. This move is expected to optimize resource allocation, improve asset quality, reduce management costs, and enhance operational efficiency [13]

Market Overview - The Shanghai Composite Index fell by 0.12% on September 12, with 9 out of the 28 sectors rising, led by non-ferrous metals and real estate, which increased by 1.96% and 1.51% respectively [1] - The construction decoration sector rose by 0.96% [1] - The total net outflow of funds from the two markets was 53.64 billion yuan, with 6 sectors experiencing net inflows [1] Sector Performance - The non-ferrous metals sector had the highest net inflow of funds, totaling 2.168 billion yuan, coinciding with its 1.96% increase [1] - The construction decoration sector saw a net inflow of 721 million yuan, with a daily increase of 0.96% [1] Construction Decoration Sector Details - The construction decoration sector consists of 156 stocks, with 78 stocks rising and 7 hitting the daily limit up, while 70 stocks fell and 1 hit the daily limit down [2] - Among the stocks with significant net inflows, Shanghai Construction had the highest at 471 million yuan, followed by Baile Technology and Tongji Technology with inflows of 113 million yuan and 101 million yuan respectively [2] - The top stocks with net outflows included China Power Construction, with a net outflow of 264 million yuan, followed by Huilyu Ecology and China Railway with outflows of 68.96 million yuan and 52.67 million yuan respectively [3] Fund Flow Rankings - The top inflow stocks in the construction decoration sector included: - Shanghai Construction: +9.96%, 62% turnover, 470.50 million yuan inflow - Baile Technology: +9.93%, 6.34% turnover, 113.07 million yuan inflow - Tongji Technology: +8.00%, 9.62% turnover, 100.59 million yuan inflow [2] - The top outflow stocks included: - China Power Construction: +0.18%, 3.25% turnover, -264.47 million yuan outflow - Huilyu Ecology: +3.18%, 11.28% turnover, -68.96 million yuan outflow - China Railway: +0.18%, 0.48% turnover, -52.67 million yuan outflow [3]

Core Viewpoint - The company is optimizing its resource allocation and focusing on its core business by divesting a portion of its stake in a subsidiary to enhance sustainable operational capabilities and profitability [2] Group 1: Company Actions - The company announced the transfer of equity in its subsidiary, Changzhou Baile Lithium Battery Smart Factory Co., Ltd. (referred to as "Baile Lithium"), to further streamline operations [2] - Baile Lithium acquired a 60% stake in Wuxi Baiqing Intelligent Robot Technology Co., Ltd. (referred to as "Wuxi Baiqing") for a cash consideration of 1.2 million yuan in August 2022 [2] - Recently, Baile Lithium signed an agreement to transfer 40.1% of its stake in Wuxi Baiqing back to shareholders Zhu Yueyuan and Jia Shaohua for a nominal price of 1 yuan, reducing its ownership from 60% to 19.9% [2]

Core Viewpoint - The solid-state battery sector is gaining significant attention in the capital market as a key direction for technological upgrades in high-end manufacturing, with a notable increase in stock performance and fund values [1]. Investment Performance - As of September 12, the solid-state battery sector has seen a rise of over 17% in the past month, with several stocks such as Yinghe Technology, Shanshan Co., and Baili Technology hitting the daily limit [1]. - Funds heavily invested in the solid-state battery field have also experienced substantial gains, with the Yuanxin Yongfeng High-end Manufacturing A fund's net value increasing by over 33% as of September 11 [1]. Industry Outlook - The lithium battery industry is currently in a bottoming phase, with the solid-state battery's industrialization process approaching. The profitability of the supply chain is expected to confirm a bottom recovery by the third quarter of 2024 [1]. - The solid-state battery sector is projected to enter a critical pilot testing phase in 2025, with mass production anticipated in 2026 [1]. - The sector is seen as having significant growth potential and long-term investment value, benefiting from national policy support and being at a crucial juncture for global energy transition and technological self-innovation [1].

证券代码：603959 证券简称：百利科技 公告编号：2025-073 湖南百利工程科技股份有限公司 关于全资子公司转让下属控股公司股权的公告 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。 一、交易概述 （一）交易标的基本情况 企业名称：无锡百擎智能机器人科技有限公司 统一社会信用代码：91320211MA1MKC2J9B 湖南百利工程科技股份有限公司（以下简称"公司"）全资子公司常州百利锂 电智慧工厂有限公司（以下简称"百利锂电"）于 2022 年 8 月与无锡百擎智能机器 人科技有限公司（以下简称"无锡百擎"）股东朱月园签订《股权转让协议》，百利 锂电以 120 万元的现金对价收购朱月园持有的无锡百擎 60%的股权，成为无锡百擎 控股股东。该事项已经第四届董事会第二十五次会议审议通过。 为进一步优化资源配置，聚焦主业，提升公司可持续经营能力和盈利能力。百 利锂电于近期与无锡百擎股东朱月园、贾韶华签订了《关于无锡百擎的股权转让协 议》（以下简称"股转协议"），双方约定：百利锂电以 1 元现金对价将其持有的无 锡百擎 ...

Core Viewpoint - Baili Technology (603959.SH) is optimizing its resource allocation and focusing on its core business by reducing its stake in Wuxi Baiqing Intelligent Robot Technology Co., Ltd. from 60% to 19.9% through a share transfer agreement [1] Group 1 - Baili Technology's wholly-owned subsidiary, Changzhou Baili Lithium Battery Smart Factory Co., Ltd., acquired 60% of Wuxi Baiqing for a cash consideration of 1.2 million yuan in August 2022 [1] - The recent share transfer agreement involves Baili Lithium Battery selling 40.1% of its stake in Wuxi Baiqing back to shareholders Zhu Yueyuan and Jia Shaohua for a nominal price of 1 yuan [1] - The transaction aims to enhance the company's sustainable operational capabilities and profitability by focusing on its main business [1]

Core Viewpoint - Baili Technology (603959.SH) announced a share transfer agreement where its wholly-owned subsidiary, Baili Lithium Battery, will sell 40.1% of its stake in Wuxi Baiqing for a cash consideration of 1 yuan, reducing its ownership from 60% to 19.9% [1] Group 1 - The share transfer aims to optimize resource allocation and focus on core business, enhancing the company's sustainable operation and profitability [1] - The transaction is not expected to have a significant impact on the company's existing business and operational development [1] - The financial condition and operating results of the company will not be adversely affected by this transaction [1]

Core Viewpoint - The transaction aims to optimize resource allocation, focus on core business, and enhance the company's sustainable operational and profitability capabilities [1] Group 1: Transaction Details - Baile Technology's wholly-owned subsidiary, Baile Lithium Battery, is transferring its 40.1% stake in Wuxi Baiqing to Zhu Yueyuan and Jia Shaohua for a cash consideration of 1 yuan [1] - Following the transaction, Baile Lithium Battery's ownership in Wuxi Baiqing will decrease from 60% to 19.9% [1] Group 2: Impact on Business - The transaction is not expected to have a significant impact on the company's existing business and operational development [1] - There will be no adverse effects on the company's financial condition and operating results as a result of this transaction [1]

Market Overview - A-shares experienced slight fluctuations in early trading, with the Shanghai Composite Index reaching a nearly 10-year high and the Shenzhen Component Index touching 13,000 points for the first time in three years [1] - The market showed a mild increase in trading volume, with sectors such as electric motor manufacturing, industrial metals, cultivated diamonds, and communication engineering leading the gains, while glass fiber, agricultural product processing, gaming, and medical beauty sectors saw declines [1] Robotics Sector - The robotics industry chain saw a strong performance, with the sector index rising over 4% to reach a historical high, led by electric motor manufacturing [2] - Notable stocks such as Dayang Electric and Wolong Electric achieved strong gains, with several companies like Zhaowei Electromechanical and Fangzheng Electric also performing well [2] - Human-shaped robots, reducers, and Tesla-related concepts also reached historical highs, with companies like Runjian Co., Xingsen Technology, and Bai Li Technology seeing significant increases [5] Human-shaped Robots - The Ministry of Industry and Information Technology announced that China has developed a complete manufacturing capability for human-shaped robots, with sales expected to exceed 10,000 units this year, representing a 125% year-on-year increase and accounting for about 50% of the global market [7] - Companies like Zhiyuan and UBTECH have secured orders for embodied human-shaped intelligent robots, while Yushu Technology is preparing for an IPO [7] - Morgan Stanley predicts that by 2030, China will have 252,000 human-shaped robots, increasing to 300 million by 2050, with a market growth rate of 63% annually [7] - Huolong Securities suggests that the human-shaped robot sector is entering a golden cycle of "technological breakthroughs → mass production cost reduction → scenario penetration," making it a core investment theme [7] Evergrande Property - Evergrande Property resumed trading after a brief suspension, surging over 40% at one point and closing with a gain of over 30%, with trading volume increasing from 31.28 million HKD to over 600 million HKD [8][10] - The Hang Seng Property Services Management Index also opened significantly higher, with several property service stocks following suit [10] - Evergrande Property announced that it is in preliminary discussions for potential share sales, with a projected revenue of approximately 6.647 billion CNY for the first half of 2025, a year-on-year increase of about 6.9% [13]