Core Insights - The article provides a comprehensive list of the top 30 publicly listed companies in the die-casting industry in China, highlighting their financial performance, technological advancements, and key clients. Group 1: Company Performance - Guangdong Hongtu reported Q1 2025 revenue of 2.099 billion with a gross margin of 12.58% and holds over 500 patents in aluminum alloy technology, serving clients like Tesla and BYD [1] - Huayang Group achieved Q1 2025 revenue of 1.991 billion and a gross margin of 21.56%, focusing on automotive electronic die-casting and serving clients such as BMW and Mercedes [4] - Ningbo Top Group reported Q1 2025 revenue of 5.768 billion, being a supplier for Tesla's integrated rear cabin [7] - Wencan Co. reported Q1 2025 revenue of 1.27 billion with a gross margin of 13.43%, specializing in integrated die-casting technology [9] - Lichung Group achieved Q1 2025 revenue of 5.967 billion, with a year-on-year growth of 16.49% [16] Group 2: Technological Advancements - Yian Technology is a global leader in liquid metal die-casting, producing over 5 million magnesium alloy parts annually [3] - Shenzhen New Star has developed a high vacuum die-casting process, expecting 1 billion revenue from automotive optical business in 2025 [17] - Meili Xin reported a 60% revenue growth in the photovoltaic sector in 2023, with a global market share of 25% in photovoltaic inverter die-casting [18] Group 3: Client Relationships - Aikodi serves clients including NIO and Bosch, with a 35% increase in net profit in 2023 [6] - Cloud Metal reported a 55% growth in magnesium alloy business in 2023, serving clients like Tesla and BMW [14] - BYD has achieved over 80% self-supply rate for die-casting parts in 2023, with a 30% increase in self-developed equipment capacity [20]

Group 1 - The closing price of Shenzhen New Star on July 29 was 17.46 yuan, down 1.80% from the previous trading day [1] - The trading volume on that day was 75,327 lots, with a transaction amount of 133 million yuan [1] - Shenzhen New Star is primarily engaged in the research, production, and sales of aluminum grain refiners, widely used in the aluminum processing industry [1] Group 2 - The company belongs to the non-ferrous metals sector, with business involvement in integrated die-casting for the automotive industry [1] - In the first quarter of 2025, the company achieved operating revenue of 742 million yuan and a net profit of 2.42 million yuan [1] - On July 28, Shenzhen New Star completed the registration of 2 million stock options, with an exercise price set at 13.33 yuan per option, involving 6 incentive targets [1] Group 3 - On July 29, the stock experienced a rapid pullback, with a decline of over 2% within 5 minutes [1] - The net outflow of main funds on July 29 was 4.973 million yuan, accounting for 0.13% of the circulating market value [1]

Core Points - Shenzhen New Star Light Alloy Materials Co., Ltd. has completed the registration of its 2025 stock option incentive plan, granting a total of 2 million stock options to 6 individuals [1][11] - The stock options were granted on July 16, 2025, with an exercise price set at 13.33 yuan per option [4][11] - The incentive plan has a maximum validity period of 36 months, with a waiting period of 12 to 24 months before the options can be exercised [5][11] Decision Process and Disclosure - The decision-making process for the incentive plan included multiple meetings of the board of directors and the supervisory board, with approvals obtained on June 16 and July 2, 2025 [2][3] - The names and positions of the incentive recipients were publicly disclosed internally from June 17 to June 26, 2025, with no objections raised [2][3] Specifics of the Stock Option Grant - The stock options are sourced from company repurchases and/or directed issuance of A-shares to the incentive recipients [4] - The exercise conditions include the company not having any adverse audit opinions and the recipients not being disqualified by regulatory authorities [7][8] Financial Impact - The fair value of the stock options was calculated using the Black-Scholes model, with a reference stock price of 16.83 yuan per share and a historical volatility of approximately 20.42% [11][12] - The costs associated with the stock options will be recognized in the company's regular financial results over the implementation period of the incentive plan [12]

证券代码：603978 证券简称：深圳新星 公告编号：2025-074 深圳市新星轻合金材料股份有限公司 关于 2025 年股票期权激励计划授予登记完成的公告 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： ? 股票期权授予登记完成日：2025 年 7 月 28 日 ? 股票期权授予登记数量：200 万份 ? 股票期权授予登记人数：6 人 《关于公司<2025 年股票期权激 根据中国证监会《上市公司股权激励管理办法》及上海证券交易所、中国证 券登记结算有限责任公司上海分公司有关规则的规定，深圳市新星轻合金材料股 份有限公司（以下简称"公司"或"深圳新星"）于 2025 年 7 月 28 日完成了《深圳 市新星轻合金材料股份有限公司 2025 年股票期权激励计划》 （以下简称"激励计 划"）股票期权授予登记工作，现将有关情况公告如下： 一、本激励计划已履行的决策程序和信息披露情况 过了《关于公司<2025 年股票期权激励计划（草案）>及其摘要的议案》 《关于公 司<2025 年股票期权激励计划实施考核管理办 ...

证券代码：603978 证券简称：深圳新星 公告编号：2025-074 深圳市新星轻合金材料股份有限公司 关于 2025 年股票期权激励计划授予登记完成的公告 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： 根据中国证监会《上市公司股权激励管理办法》及上海证券交易所、中国证 券登记结算有限责任公司上海分公司有关规则的规定，深圳市新星轻合金材料股 份有限公司（以下简称"公司"或"深圳新星"）于 2025 年 7 月 28 日完成了《深圳 市新星轻合金材料股份有限公司 2025 年股票期权激励计划》（以下简称"激励计 划"）股票期权授予登记工作，现将有关情况公告如下： 一、本激励计划已履行的决策程序和信息披露情况 1、2025 年 6 月 16 日，公司召开了第五届董事会第二十九次会议，审议通 过了《关于公司<2025 年股票期权激励计划（草案）>及其摘要的议案》《关于公 司<2025 年股票期权激励计划实施考核管理办法>的议案》《关于提请股东大会授 权董事会办理 2025 年股票期权激励计划有关事项的议案》 ...

公告显示，深圳新星公司预计2025年半年度归属于母公司所有者的净利润为 -2350万元到 -1570万元，与上年同期相比，亏损减少3383.77万元到4163.77万 元；归属于母公司所有者的扣除非经常性损益后的净利润为 -2950万元到 -1970万元。深圳新星上年同期利润总额为 -5501.30万元，归属于母公司所有者的净 利润为 -5733.77万元，归属于母公司所有者的扣除非经常性损益的净利润为 -7127.41万元，每股收益为 -0.36元。 深圳新星表示，本期业绩预亏主要有三方面原因。一是受关税贸易战影响，铝锭价格大幅波动，4月初铝价较3月底下跌约1000元/吨，因生产周期及备货影 响，第一季度末约1万吨的铝锭存货、铝晶粒细化剂及电池铝箔坯料半成品等库存成本顺延至二季度，使第二季度产品成本偏高，产品综合毛利率下降，毛 利减少约1000万元。二是本期铝箔坯料产品等销售收入增加，应收账款增加，预期信用减值损失金额较一季度增加约500万元。三是铝箔坯料冷精轧生产线 处于调试过程中，产能未能完全稳定放量，成材率未达预期，导致铝箔冷轧坯料产品毛利率下降，不过截至业绩预告披露日，该生产线已调试完成，处于稳 定 ...

Core Viewpoint - The legal opinion letter confirms that Shenzhen Xinxing Light Alloy Materials Co., Ltd. has obtained the necessary approvals and authorizations for its 2025 stock option incentive plan, which aims to grant stock options to eligible employees under specified conditions [1][4][9]. Group 1: Legal Framework and Approval - The legal opinion is issued by Guangdong Prometheus (Longgang) Law Firm, confirming compliance with relevant laws and regulations, including the Company Law and Securities Law [2][3]. - The company has received approval from the board of directors and the supervisory board for the stock option incentive plan, ensuring that all necessary procedures have been followed [4][6]. Group 2: Granting Conditions and Specifics - The stock option incentive plan specifies that stock options can only be granted if certain conditions are met, including the absence of negative audit opinions in the most recent financial reports [6][8]. - The stock options have a maximum validity period of 36 months from the date of grant, with a waiting period of 12 to 24 months before they can be exercised [7][9]. Group 3: Performance Assessment and Targets - The performance assessment for the stock options is based on the company's revenue growth compared to the 2024 fiscal year, with specific growth targets set for the years 2025 and 2026 [9]. - The plan outlines that if performance targets are not met, the stock options will be canceled, and the individual performance assessments will also affect the ability to exercise options [9][10].

Core Viewpoint - Shenzhen New Star Light Alloy Materials Co., Ltd. has initiated a stock option incentive plan for 2025, which aims to motivate and retain key personnel by granting stock options under specific conditions [1][2][3]. Summary by Sections 1. Definition and Context - The report defines key terms related to the stock option incentive plan, including "incentive objects," "exercise price," and "waiting period" [1][2]. 2. Approval Process - The stock option incentive plan has undergone necessary approval procedures, including meetings of the board of directors and the supervisory board, which reviewed and approved the plan [4][5][6]. 3. Granting Details - The first grant date is set for July 16, 2025, with a total of 2 million stock options awarded to 6 individuals, including directors and senior management [7][8]. - The exercise price is established at 13.33 RMB per share [8]. 4. Conditions for Granting - The granting of stock options is contingent upon the company and the incentive objects meeting specific conditions, ensuring compliance with relevant laws and regulations [9][10]. 5. Financial Impact - The implementation of the stock option incentive plan is expected to be accounted for in accordance with accounting standards, with potential dilution effects noted for shareholders [9][10].

证券代码：603978 证券简称：深圳新星 公告编号：2025-073 深圳市新星轻合金材料股份有限公司 关于向激励对象首次授予股票期权的公告 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。 重要内容提示： 2025 年 7 月 16 日，深圳市新星轻合金材料股份有限公司（以下简称"公司" 或"深圳新星"）第五届董事会第三十次会议审议通过了《关于向激励对象授予股 票期权的议案》，根据《深圳市新星轻合金材料股份有限公司 2025 年股票期权激 励计划（草案）》（以下简称"本次激励计划"或"《激励计划》"）的规定和公司 2025 年第三次临时股东大会的授权，董事会认为 2025 年股票期权激励计划授予条件 已经成就，确定本次激励计划的授予日为 2025 年 7 月 16 日，向符合授予条件的 6 名激励对象授予 200 万份股票期权。现将相关事项公告如下： 一、股票期权授予情况 （一）本次股票期权授予已履行的决策程序和信息披露情况 1、2025 年 6 月 16 日，公司召开了第五届董事会第二十九次会议，审议通 过了《关于公 ...

| 序号 | 姓名 | 职务 | 获授的股票期 权数量(万份) | 占本次授予股票 期权总量的比例 | 占公司总股 本的比例 | | --- | --- | --- | --- | --- | --- | | 1 | 周志 | 董事、副总经理、董事 会秘书 | 50 | 25.00% | 0.24% | | 2 | 核心人员（合计 | 人） 5 | 150 | 75.00% | 0.71% | | | 合计（6 人） | | 200 | 100.00% | 0.95% | 注：上表中数值若出现总数与各分项数值之和尾数不符，均为四舍五入原因所致 深圳市新星轻合金材料股份有限公司 2025 年股票期权激励计划激励对象名单（授予日） 一、2025 年股票期权激励计划分配情况表 | 序号 | 姓名 | 职务 | | --- | --- | --- | | 1 | 邢建强 | 中层管理人员及核心技术（业务）人员 | | 2 | 王磊 | 中层管理人员及核心技术（业务）人员 | | 3 | 张卡卡 | 中层管理人员及核心技术（业务）人员 | | 4 | 周四海 | 中层管理人员及核心技术（业务）人员 | | 5 | 曹莉 ...