Summary of Key Points Core Viewpoint - The announcement details a change in shareholder equity for Wuxi Zhenhua Automotive Parts Co., Ltd, indicating a decrease in the total equity percentage held by major shareholders from 65.42% to 65.00% [1][2]. Group 1: Shareholder Information - Wuxi Kangsheng Investment Partnership (Limited Partnership) and its concerted actions, including Wuxi Junrun Investment Partnership (Limited Partnership), Qian Jinxiang, and Qian Ben, have confirmed the accuracy and completeness of the information provided [1]. - The equity change does not violate any prior commitments or plans made by the shareholders [1][2]. Group 2: Equity Change Details - The total equity percentage held by the main shareholders decreased from 65.42% to 65.00% [1][2]. - The direct shareholding change involved Wuxi Kangsheng Investment, which reduced its holdings from 959,000 shares (3.84%) to 853,970 shares (3.42%) [2]. - Other shareholders, including Wuxi Junrun Investment, Qian Jinxiang, and Qian Ben, maintained their shareholdings without any changes [2]. Group 3: Compliance and Reporting - The equity change aligns with previously disclosed plans, and the reduction in holdings is part of an ongoing plan that has not yet been fully executed [2]. - A simplified equity change report has been prepared by Wuxi Kangsheng in compliance with relevant regulations and is available for investor review [2].

Group 1 - The company Wuxi Zhenhua announced a change in the representative for the ongoing supervision of its convertible bond issuance project [2] - The original representatives from Dongfang Securities were Shi Jun and Liu Guangfu, with Liu Guangfu stepping down due to a job change [2] - Li Xin has been appointed as the new representative to ensure the continuity of the supervision work [2]

| 证券代码：605319 | 证券简称：无锡振华 | 公告编号：2025-044 | | --- | --- | --- | | 证券代码：111022 | 证券简称：锡振转债 | | 无锡市振华汽车部件股份有限公司 关于股东权益变动触及 5%整数倍的提示性公告 无锡康盛投资合伙企业（有限合伙）及其一致行动人无锡君润投资合伙企业（有 限合伙）、钱金祥、钱犇保证向本公司提供的信息真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 本公司董事会及全体董事保证公告内容与信息披露义务人提供的信息一致。 重要内容提示： 3.一致行动人信息 一致行动人名称 投资者身份 统一社会信用代码 无锡君润投资合伙企 业（有限合伙） √ 控股股东/实控人 □ 控股股东/实控人的一致 行动人 □ 其他直接持股股东 √ 91320211MA1TB1E4XE □ 不适用 钱金祥 √ 控股股东/实控人 □ 控股股东/实控人的一致 行动人 □ 其他直接持股股东 □ _____________ √ 不适用 钱犇 √ 控股股东/实控人 □ 控股股东/实控人的一致 行动人 □ 其他直接持股股东 □ _____________ √ 不适用 二 ...

无锡市振华汽车部件股份有限公司 简式权益变动报告书 信息披露义务人：无锡康盛投资合伙企业（有限合伙） 二、信息披露义务人签署本报告书已获得必要的授权和批准，其履行亦不违 反信息披露义务人章程或内部规则中的任何条款，或与之相冲突。 三、依据《中华人民共和国证券法》《上市公司收购管理办法》的规定，本 报告书已全面披露了信息披露义务人在无锡振华拥有权益的股份变动情况。截至 本报告书签署之日，除本报告书披露的信息外，信息披露义务人没有通过任何其 他方式增加或减少其在无锡振华拥有权益的股份。 四、本次权益变动是根据本报告书所载明的资料进行的。信息披露义务人没 有委托或者授权任何其他人提供未在本报告书中列载的信息和对本报告书做出 任何解释或者说明。 五、信息披露义务人承诺本报告书不存在虚假记载、误导性陈述或重大遗漏， 并对其真实性、准确性、完整性承担相应法律责任。 信息披露义务人住所/通讯地址：无锡市建筑西路 599-5（2 号楼）四楼 452 信息披露义务人之一致行动人：无锡君润投资合伙企业（有限合伙）、钱金祥、 钱犇 股份变动性质：股份减少、触及刻度 签署日期：2025 年 8 月 上市公司名称： 无锡市振华汽车部件 ...

| 证券代码：605319 | 证券简称：无锡振华 | 公告编号：2025-045 | | --- | --- | --- | | 证券代码：111022 | 证券简称：锡振转债 | | 无锡市振华汽车部件股份有限公司 附件：保荐代表人李昕简历 李昕先生：高级经理，保荐代表人，硕士研究生，曾参与永贵电器向不特定对象 发行可转换公司债券项目，具有较为丰富的投资银行工作经验。李昕先生在保荐 业务执业过程中严格遵守《证券发行上市保荐业务管理办法》等相关规定，执业 记录良好。 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。 无锡市振华汽车部件股份有限公司（以下简称"公司"）于 2025 年 8 月 8 日收到公司保荐机构东方证券股份有限公司（以下简称"东方证券"）《关于更换 无锡市振华汽车部件股份有限公司向不特定对象发行可转换公司债券持续督导 保荐代表人的通知》。东方证券原指派石军先生、刘广福先生担任公司向不特定 对象发行可转换公司债券项目的保荐代表人，负责公司持续督导工作。刘广福先 生因工作变动，不再继续担任公司保荐代表人。为保证持 ...

Market Overview - The Shanghai Composite Index increased by 0.45%, the CSI 300 rose by 0.24%, the STAR Market 50 gained 0.58%, the CSI 1000 went up by 1.09%, the ChiNext Index climbed by 0.66%, and the Hang Seng Index saw a slight increase of 0.03% on August 6 [3][4] - The best-performing sectors on August 6 were defense and military (+3.07%), machinery (+1.98%), coal (+1.89%), textiles and apparel (+1.36%), and computers (+1.3%). The worst-performing sectors included pharmaceuticals and biotechnology (-0.65%), retail (-0.23%), construction materials (-0.23%), social services (-0.19%), and banking (-0.14%) [3][4] - The total trading volume for the A-share market on August 6 was 17,592.42 billion yuan, with a net inflow of 9.486 billion HKD from southbound funds [3][4] Key Recommendations - The report highlights Wuxi Zhenhua (605319) as a key investment opportunity, emphasizing its strong ties with Xiaomi and the rapid growth in automotive production, which is expected to drive significant profit increases [2][5] - The recommendation logic is based on the high profitability of the business, with significant profit elasticity and strong sales from downstream clients like Xiaomi and SAIC [5] - The company’s revenue projections for 2025-2027 are 3,430 million yuan, 4,438 million yuan, and 5,231 million yuan, with growth rates of 35.50%, 29.40%, and 17.90% respectively. The net profit forecasts are 513 million yuan, 649 million yuan, and 786 million yuan, with growth rates of 35.70%, 26.60%, and 21.20% respectively [5]

Group 1 - The core viewpoint of the news is the performance and characteristics of the convertible bond issued by Wuxi Zhenhua, which has seen a price increase and notable trading volume [1] - The convertible bond has a credit rating of "AA-" and a maturity period of 6 years, with a coupon rate that increases over the years, starting from 0.20% in the first year to 2.30% in the sixth year [1] - The bond's conversion price is set at 31.98 yuan, with the conversion starting on December 24, 2025, and a redemption price of 113 yuan at maturity [1] Group 2 - Wuxi Zhenhua Automotive Parts Co., Ltd. has established itself as a key supplier in the automotive parts sector, serving major clients such as SAIC Motor, Tesla, and Xiaomi [2] - For the first quarter of 2025, Wuxi Zhenhua reported a revenue of 600.5 million yuan, reflecting a year-on-year increase of 22.48%, and a net profit of 94.54 million yuan, also up by 22.2% [2] - The company's shareholder structure is highly concentrated, with the top ten shareholders holding a combined 69.61% of shares, indicating strong ownership among a few investors [2]

司相关债券 2025 年跟踪评级报告 中鹏信评【2025】跟踪第【1063】号 01 信用评级报告声明 除因本次评级事项本评级机构与评级对象构成委托关系外，本评级机构及评级从业人员与评级对象不存 在任何足以影响评级行为独立、客观、公正的关联关系。 无锡市振华汽车部件股份有限公 本评级机构与评级从业人员已履行尽职调查义务，有充分理由保证所出具的评级报告遵循了真实、客观、 公正原则，但不对评级对象及其相关方提供或已正式对外公布信息的合法性、真实性、准确性和完整性 作任何保证。 本评级机构依据内部信用评级标准和工作程序对评级结果作出独立判断，不受任何组织或个人的影响。 本评级报告观点仅为本评级机构对评级对象信用状况的个体意见，不作为购买、出售、持有任何证券的 建议。本评级机构不对任何机构或个人因使用本评级报告及评级结果而导致的任何损失负责。 本次评级结果自本评级报告所注明日期起生效，有效期为被评证券的存续期。同时，本评级机构已对受 评对象的跟踪评级事项做出了明确安排，并有权在被评证券存续期间变更信用评级。本评级机构提醒报 告使用者应及时登陆本公司网站关注被评证券信用评级的变化情况。 本评级报告版权归本评级机构所有， ...

Core Viewpoint - Wuxi Zhenhua Automotive Parts Co., Ltd. maintains its credit ratings for both its corporate and convertible bonds at "AA-" with a stable outlook, indicating consistent financial health and stability in its operations [1][2]. Group 1: Credit Ratings - The previous credit rating for the convertible bonds was "AA-" and the corporate rating was also "AA-", with a stable outlook [1]. - The current credit rating for the convertible bonds remains "AA-" and the corporate rating is unchanged at "AA-", with a stable outlook [2]. - The tracking credit rating report was conducted by China Chengxin Securities Rating Co., Ltd. based on a comprehensive analysis of the company's operational and financial conditions [2].

| 证券代码：605319 | 证券简称：无锡振华 | 公告编号：2025-043 | | --- | --- | --- | | 证券代码：111022 | 证券简称：锡振转债 | | 无锡市振华汽车部件股份有限公司 关于向不特定对象发行可转换公司债券 2025 年跟踪评级结果的提示性公告 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。 重要内容提示： 根据《上市公司证券发行注册管理办法》《上海证券交易所股票上市规则》 等相关规定，无锡市振华汽车部件股份有限公司（以下简称"公司"）委托信用 评级机构中证鹏元资信评估股份有限公司（以下简称"中证鹏元"）对公司 2025 年 6 月发行的"锡振转债"进行跟踪信用评级。 公司前次主体信用评级结果为"AA-"，前次评级展望为"稳定"，前次债券 信用评级结果为"AA-"，评级机构为中证鹏元，评级时间为 2024 年 8 月 27 日。 中证鹏元对公司经营情况、财务状况等进行综合分析与评估的基础上，于 2025 年 7 月 28 日出具了《无锡市振华汽车部件股份有限公司相关债券 2025 ...