| 证券代码：605167 | 证券简称：利柏特 | 公告编号：2025-047 | | --- | --- | --- | | 债券代码：111023 | 债券简称：利柏转债 | | 在本次发行的可转换公司债券存续期间，当公司股票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的 85%时，公司董事会有权 提出转股价格向下修正方案并提交公司股东会审议表决。 上述方案须经出席会议的股东所持表决权的三分之二以上通过方可实施。股 东会进行表决时，持有本次发行的可转换公司债券的股东应当回避。修正后的转 股价格应不低于该次股东会召开日前二十个交易日公司股票交易均价和前一个 交易日公司股票交易均价。 经上海证券交易所自律监管决定书〔2025〕167 号文同意，公司发行的 75,000.00 万元可转换公司债券于 2025 年 7 月 22 日在上海证券交易所挂牌交 易，债券简称"利柏转债"，债券代码"111023"，转股期起止日期为 2026 年 1 月 9 日至 2031 年 7 月 2 日，初始转股价格为 12.14 元/股。 二、可转债转股价格修正条款与可能触发情况 （一）转股价格修正条款 根 ...

证券日报网讯 12月11日晚间，利柏特发布公告称，自 2025 年 11 月 21 日至 2025 年 12 月 10 日期间， 公司股票已有 10 个交易日的收盘价格低于"利柏转债"当期转股价格的 85%，若未来 16 个交易日内有五 个交易日公司股票价格继续满足相关条件的，将可能触发"利柏转债"的转股价格修正条款。 （文章来源：证券日报） ...

作为国家级高新技术企业与专精特新"小巨人"企业，利柏特在工业模块化领域拥有多项自主研发成果， 部分技术填补国内空白。2021年，公司登陆A股主板市场，进一步拓宽发展通道。南通基地的投产，不 仅强化了利柏特在核电、海洋工程等高端装备领域的制造能力，也为"中国智造"走向全球提供助力。 随着全球能源转型与产业链重构，具备全产业链服务与跨文化项目执行能力的中国高端制造企业正迎来 新一轮发展机遇。利柏特南通基地的建成投产，不仅增强了其在全球模块化工程领域的竞争力，也为中 国高端装备制造出海与全球能源工程建设注入新的产业动能。 利柏特集团董事长沈斌强在致辞中表示，南通工厂投产后公司将着力打造"国内领先、国际一流"的工业 模块制造基地，通过自动化、数字化与智能制造技术深度融合，持续提升产品交付效率与质量。 通州湾示范区党工委书记陆忠华指出，利柏特的成功落户与快速投产，是通州湾发展临港高端装备制造 产业的代表性成果。目前示范区已集聚企业超1200家，包括12家央企和28家上市企业，未来将继续优化 营商环境，支持企业做大做强。 中证报中证网讯(王珞)12月6日，南通利柏特（605167）重工有限公司在通州湾示范区竣工投产。南通 ...

Market Overview - The professional engineering sector increased by 0.16% on December 2, with Shenghui Integration leading the gains [1] - The Shanghai Composite Index closed at 3897.71, down 0.42%, while the Shenzhen Component Index closed at 13056.7, down 0.68% [1] Top Performers - Shenghui Integration (603163) closed at 58.27, up 10.01% with a trading volume of 43,200 lots and a transaction value of 239 million [1] - Yaxiang Integration (603929) closed at 68.10, up 8.80% with a trading volume of 81,900 lots and a transaction value of 548 million [1] - Bicheng Co., Ltd. (601133) closed at 14.40, up 3.30% with a trading volume of 279,400 lots and a transaction value of 396 million [1] Underperformers - Feifei History (605598) closed at 45.98, down 3.06% with a trading volume of 140,800 lots and a transaction value of 648 million [2] - Shikong Technology (605178) closed at 58.50, down 2.95% with a trading volume of 71,800 lots and a transaction value of 426 million [2] - Zhite New Materials (300986) closed at 10.61, down 2.93% with a trading volume of 80,600 lots and a transaction value of 86.11 million [2] Capital Flow - The professional engineering sector experienced a net outflow of 77.90 million from institutional investors, while retail investors saw a net inflow of 132 million [2] - The detailed capital flow for key stocks shows varying trends, with some stocks like Bicheng Co., Ltd. experiencing significant net outflows from both institutional and retail investors [3]

Core Insights - The professional engineering sector saw an increase of 0.99% on November 13, with Sanwei Chemical leading the gains [1] - The Shanghai Composite Index closed at 4029.5, up 0.73%, while the Shenzhen Component Index closed at 13476.52, up 1.78% [1] Summary of Key Points Performance of Leading Stocks - Sanwei Chemical (002469) closed at 9.26, up 6.81%, with a trading volume of 635,000 shares and a transaction value of 587 million yuan [1] - Aiman Co. (605289) closed at 69.93, up 6.16%, with a trading volume of 46,200 shares and a transaction value of 318 million yuan [1] - Yongfu Co. (300712) closed at 31.58, up 4.29%, with a trading volume of 152,900 shares and a transaction value of 477 million yuan [1] - Donghua Technology (002140) closed at 12.97, up 3.93%, with a trading volume of 305,000 shares and a transaction value of 395 million yuan [1] - Baili Technology (6568209) closed at 7.50, up 3.02%, with a trading volume of 274,900 shares and a transaction value of 205 million yuan [1] Performance of Declining Stocks - Nenghui Technology (301046) closed at 29.01, down 3.04%, with a trading volume of 62,400 shares and a transaction value of 183 million yuan [2] - China Haicheng (002116) closed at 11.48, down 2.63%, with a trading volume of 621,400 shares and a transaction value of 705 million yuan [2] - Jinggong Steel Structure (600496) closed at 4.45, down 1.33%, with a trading volume of 567,700 shares and a transaction value of 252 million yuan [2] Capital Flow Analysis - The professional engineering sector experienced a net outflow of 418 million yuan from main funds, while retail funds saw a net inflow of 128 million yuan [2]

Core Insights - The company reported a revenue of 1.983 billion yuan for the first three quarters, a year-on-year decrease of 23.44%, and a net profit attributable to shareholders of 178 million yuan, down 11.15% year-on-year [1][2] - In Q3 alone, the company achieved a revenue of 543 million yuan, a decrease of 31.58% year-on-year, with a net profit of 56 million yuan, down 19.69% year-on-year [1][2] Financial Performance - The company's gross profit margin for the first three quarters was 20.44%, an increase of 2.91 percentage points year-on-year, while the gross profit margin for Q3 was 26.78%, up 6.42 percentage points year-on-year [2] - The net profit margin attributable to shareholders for the first three quarters was 8.97%, an increase of 1.24 percentage points year-on-year, and the net profit margin after deducting non-recurring gains and losses was 8.67%, up 1.45 percentage points year-on-year [2] Cash Flow and Debt - The company experienced a net cash outflow from operating activities of 84 million yuan for the first three quarters, a shift from positive to negative year-on-year [3] - The cash collection ratio was 91.95%, an increase of 6.66 percentage points year-on-year, while the asset-liability ratio increased by 15.68 percentage points year-on-year to 55.91% [3] Market Opportunities - The demand for industrial modules and engineering services in sectors such as chemicals, oil and gas energy, nuclear power, mining, and water treatment is expected to grow, providing significant development space for industrial module manufacturers [3] - The company has secured a project with China General Nuclear Power Group for the construction and installation of modules, with a project scale of approximately 5,000 tons and a contract value of 226 million yuan [3]

Investment Rating - The investment rating for the company is "Buy" and is maintained [10]. Core Insights - The company reported a revenue of 1.983 billion yuan for the first three quarters, a year-on-year decrease of 23.44%. The net profit attributable to shareholders was 178 million yuan, down 11.15% year-on-year. The net profit after deducting non-recurring items was 172 million yuan, a decrease of 8.12% year-on-year [2][6]. - In the third quarter alone, the company achieved a revenue of 543 million yuan, a year-on-year decline of 31.58%. The net profit attributable to shareholders was 56 million yuan, down 19.69% year-on-year, with the net profit after deducting non-recurring items also at 56 million yuan, a decrease of 12.93% year-on-year [2][6]. - The company benefits from the increasing demand for industrial modules and engineering services in sectors such as chemicals, oil and gas energy, nuclear power, mining, and water treatment. This trend provides significant growth opportunities for industrial module manufacturers [8]. - The company has secured a project with China General Nuclear Power Group for the construction and installation of modules, with a project scale of approximately 5,000 tons and a contract value of 226 million yuan [8]. Financial Performance Summary - The company's gross profit margin for the first three quarters was 20.44%, an increase of 2.91 percentage points year-on-year. In the third quarter, the gross profit margin was 26.78%, up 6.42 percentage points year-on-year [12]. - The company experienced a net cash outflow from operating activities of 84 million yuan for the first three quarters, a shift from positive cash flow in the previous year. The cash collection ratio was 91.95%, an increase of 6.66 percentage points year-on-year [12]. - As of the end of the third quarter, the company's asset-liability ratio increased by 15.68 percentage points year-on-year to 55.91% [12].

Core Insights - Libet (605167.SH) reported its Q3 2025 results, revealing that as of October 30, 2025, six institutional investors held a total of 290 million shares, accounting for 64.60% of the company's total equity [1] - The institutional holding percentage decreased by 1.05 percentage points compared to the previous quarter [1] Institutional Investors - The institutional investors include Shanghai Libet Investment Co., Ltd., Zhenstone Group (Hong Kong), Shif Composite Materials Co., Ltd., Zhangjiagang Free Trade Zone Xingli Enterprise Management Partnership (Limited Partnership), China Nuclear Industry 23 Construction Co., Ltd., National Social Security Fund 503 Portfolio, and China Postal Savings Bank Co., Ltd. - Dongfang Growth Small and Medium Cap Mixed Open-End Securities Investment Fund [1] - The public funds saw an increase in holdings from one fund, Dongfang New Energy Vehicle Theme Mixed Fund, with an increase of 0.18% [1] - A total of 36 public funds did not disclose holdings compared to the previous quarter, including funds like Huaxia High-End Manufacturing Mixed A and Changsheng Tongde Theme Mixed [1] Social Security Fund - The National Social Security Fund 503 Portfolio was the only social security fund to reduce its holdings, with a decrease of 0.22% compared to the previous quarter [1]

Group 1 - The company Libet announced the convening of its fifth board meeting on October 30, 2025, to review the proposal for the third quarter report of 2025 [1] - For the year 2024, the company's revenue composition is as follows: engineering services account for 79.03%, industrial module design and manufacturing for 20.73%, and other businesses for 0.24% [1] - As of the report, Libet's market capitalization is 4.9 billion yuan [1]

本次会议应出席董事 9 人，实际出席董事 9 人。会议由董事长沈斌强先生主 持，高级管理人员列席。本次会议召开符合有关法律、行政法规、部门规章、规 范性文件和《公司章程》的规定。 | 证券代码：605167 | 证券简称：利柏特 | 公告编号：2025-045 | | --- | --- | --- | | 债券代码：111023 | 债券简称：利柏转债 | | 江苏利柏特股份有限公司 第五届董事会第二十次会议决议公告 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、董事会会议召开情况 江苏利柏特股份有限公司（以下简称"公司"）第五届董事会第二十次会议 于 2025 年 10 月 30 日（星期四）在公司会议室以现场结合通讯的方式召开。会 议通知已于 2025 年 10 月 24 日以书面及邮件等方式送达全体董事。 具体内容详见披露于上海证券交易所网站（www.sse.com.cn）的《江苏利柏 特股份有限公司关于第一期员工持股计划第二个锁定期届满暨解锁条件成就的 公告》（公告编号：2025-046）。 表决结果：9 票同 ...