Core Viewpoint - The company, Aotwei (688516.SH), stated that its lithium battery equipment primarily serves domestic customers and that the General Administration of Customs' Document No. 58 of 2025 has little impact on the company's lithium battery equipment [1] Summary by Category - **Company Operations** - Aotwei's lithium battery equipment is mainly supplied to domestic clients [1] - **Regulatory Impact** - The General Administration of Customs' Document No. 58 of 2025 does not significantly affect the company's lithium battery equipment [1]

Core Viewpoint - The company, Aotwei (688516.SH), stated that its lithium battery equipment primarily serves domestic customers and that the General Administration of Customs' Document No. 58 of 2025 has little impact on its operations [1] Group 1 - Aotwei's lithium battery equipment is mainly supplied to domestic clients [1] - The impact of the General Administration of Customs' Document No. 58 of 2025 on the company's lithium battery equipment is minimal [1]

Core Viewpoint - The company, Aotewei, announced that it has no overdue guarantees, indicating a stable financial position and risk management strategy [2] Summary by Category Company Announcement - Aotewei released a statement on the evening of October 10, confirming that there are no overdue guarantees [2]

Group 1 - The company, Aotwei, announced that as of the disclosure date, the total guarantees provided for its consolidated subsidiaries amount to approximately 1.727 billion yuan, which represents 41.84% of the company's latest audited net assets and 12.31% of total assets [1] - For the year 2024, the revenue composition of Aotwei is as follows: equipment manufacturing accounts for 89.98%, renovation and other services account for 9.84%, and other businesses account for 0.18% [1] - As of the report date, Aotwei's market capitalization is 15.3 billion yuan [1]

证券代码：688516 证券简称：奥特维 公告编号：2025-104 转债代码：118042 转债简称：奥维转债 无锡奥特维科技股份有限公司 关于注销部分募集资金专项账户的公告 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、准确性和完整性依 法承担法律责任。 无锡奥特维科技股份有限公司（以下简称"公司"或"奥特维"） 向特定对象发行股票、向不特定对象发行可转换公司债券募集资金按 照相关法律、法规、规范性文件的规定在银行开立了募集资金专项账 户。鉴于公司向特定对象发行股票募集资金部分募投项目已经结项并 将节余募集资金永久补充流动资金，近日，公司办理完成了部分募集 资金专项账户的注销手续，具体情况如下： 一、 募集资金基本情况 1、2022年公司向特定对象发行股票 根据中国证券监督管理委员会"证监许可〔2022〕1250号"文《关 于同意无锡奥特维科技股份有限公司向特定对象发行股票注册的批 复》的核准，并经上海证券交易所同意，公司向特定投资者葛志勇发 行人民币普通股（A股）770.46万股，每股面值1.00元，每股发行价 格为68.79元。本次非公开发行募集 ...

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： 证券代码：688516 证券简称：奥特维 公告编号：2025-103 转债代码:118042 转债简称：奥维转债 无锡奥特维科技股份有限公司 关于为子公司提供担保的公告 | | | 被担保人名称 | 司 | 无锡奥特维科芯半导体技术有限公 | | --- | --- | --- | --- | --- | | | | 本次担保金额 | 1,000.00 万元 | | | 担 | 保 对 | | | | | 象 | | 实际为其提供的担保余额 | 2,700.00 万元 | | | | | 是否在前期预计额度内 | □否 ☑是 | □不适用：_________ | | | | 本次担保是否有反担保 | ☑是 □否 | □不适用：_________ | | 担 | 保 对 | 被担保人名称 | | 无锡唯因特数据技术有限公司 | | | | 本次担保金额 | 3,000.00 万元 | | | 象 | | 实际为其提供的担保余额 | 8,800.00 万元 | | ...

Summary of Conference Call Notes Industry Overview - **Industry**: China Industrials, specifically focusing on New Energy Equipment - **Key Focus**: Lithium-ion battery (LiB) equipment and solar equipment orders Core Insights - **LiB Equipment Orders**: - Expected to show positive quarter-over-quarter (QoQ) growth in 3Q25 due to strong demand for energy storage systems (ESS) and recovery in industry utilization [6][8] - Wuxi Lead Intelligent anticipates new orders to rise over 40% year-over-year (YoY) in 3Q25, aiming for a full-year growth target of over 30% in 2025 [8] - Zhejiang Hangke Technology also expects QoQ improvement in new orders, maintaining a 30% growth target for 2025 [8] - **Solar Equipment Orders**: - New orders for solar equipment were either zero or very limited for most players in 3Q25, indicating a significant downturn [6][8] - DR Laser is an exception, expecting intact orders for BC cells to offset weak demand for TOPCon equipment [6][8] - **Gross Profit Margin (GPM)**: - GPM is under pressure due to legacy low-margin orders and a low overseas order mix, but is expected to recover alongside revenue recognition [6][8] Company-Specific Insights - **Wuxi Lead Intelligent (300450.SZ)**: - New orders expected to rise >40% YoY in 3Q25, with modest sales recovery but ongoing GPM pressure [8] - **Zhejiang Hangke Technology (688006.SS)**: - Similar expectations for new orders and GPM pressure as Wuxi Lead [8] - **DR Laser (300776.SZ)**: - Anticipates stable GPM with a higher mix of BC equipment despite slowing sales growth [8] - **Wuxi Autowell Technology Co Ltd (688516.SS)** and **Shenzhen SC New Energy Technology Corp (300724.SZ)**: - Both companies are facing muted solar equipment orders and ongoing sales/NP pressure due to global overcapacity [8] - **Suzhou Maxwell Technologies Co Ltd (300751.SZ)**: - Semi equipment orders are in line with targets, but limited HJT orders are expected due to overcapacity [8] - **Jingsheng Mechanical & Electrical Co (300316.SZ)**: - Likely downside surprise in SiC substrate orders due to high costs and complexity [8] Additional Considerations - **Market Sentiment**: - The market has largely priced in the muted solar equipment orders, reflecting cautious downstream capital expenditure during the downcycle [8] - **Future Outlook**: - Further shortfalls in solar equipment orders are expected into 3Q25, with intensified overcapacity in the solar wafer process, indicating downside risks to fundamentals into 2H26 [8] Conclusion - The conference call highlighted a mixed outlook for the China Industrials sector, with LiB equipment players showing signs of recovery while solar equipment orders face significant challenges. The focus remains on the recovery of GPM and the impact of global market conditions on future orders.

Core Viewpoint - The announcement details the status of the convertible bonds issued by Wuxi Autowell Technology Co., Ltd., highlighting the lack of conversion activity during the specified period and the significant amount of unconverted bonds remaining. Group 1: Convertible Bond Issuance Overview - The company issued 11.4 million convertible bonds on August 10, 2023, with a total fundraising amount of RMB 1,140 million, netting RMB 1,132.91 million after expenses [2] - The bonds were listed on the Shanghai Stock Exchange on September 1, 2023, under the name "Aowei Convertible Bonds" with the code "118042" [3] Group 2: Conversion Status - From July 1, 2025, to September 30, 2025, there were no conversions of the "Aowei Convertible Bonds" [1] - As of September 30, 2025, a total of RMB 50,000 had been converted into 487 shares, representing 0.000154% of the total shares before conversion [1] - The amount of unconverted convertible bonds as of September 30, 2025, was RMB 1,139,950,000, accounting for 99.995614% of the total issuance [1][10] Group 3: Conversion Price Adjustments - The initial conversion price was set at RMB 180.90 per share, which was adjusted to RMB 180.74 on November 2, 2023, and further adjusted to RMB 124.65 on November 17, 2023, following a capital reserve increase [4] - Subsequent adjustments to the conversion price occurred on various dates, with the latest adjustment on September 26, 2025, bringing the price to RMB 84.44 per share [10]

证券代码：688516 证券简称：奥特维 公告编号：2025-102 转债代码：118042 转债简称：奥维转债 无锡奥特维科技股份有限公司 关于可转债转股结果暨股份变动公告 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 性依法承担法律责任。 重要内容提示： 一、可转债发行上市概况 （一）可转换公司债券发行情况 根据中国证券监督管理委员会出具的《关于同意无锡奥特维科技 股份有限公司向不特定对象发行可转换公司债券注册的批复》（证监 许可【2023】1523 号），公司于 2023 年 8 月 10 日向不特定对象发 行可转换公司债券 1,140 万张（以下简称"可转债"），每张面值为 人民币 100.00 元，本次发行募集资金总额为 114,000.00 万元，扣除 1 本季度转股情况：自 2025 年 7 月 1 日至 2025 年 9 月 30 日期间， "奥维转债"未发生转股。 累计转股情况：截至 2025 年 9 月 30 日，"奥维转债"累计有人 民币 50,000 元已转换为公司股票，转股数量为 487 股，占"奥维 转债"转股前 ...

Group 1 - The core viewpoint of the news is that Aotwei's stock has shown significant growth this year, with a 24.14% increase, and the company is involved in high-end intelligent equipment related to the photovoltaic industry [1][2]. - As of October 9, Aotwei's stock price reached 51.16 yuan per share, with a market capitalization of 16.125 billion yuan [1]. - The company's main business revenue composition includes photovoltaic equipment (78.86%), transformation and other main businesses (13.61%), lithium battery equipment (5.20%), semiconductor (2.13%), and others (0.19%) [1]. Group 2 - For the first half of 2025, Aotwei reported operating revenue of 3.379 billion yuan, a year-on-year decrease of 23.50%, and a net profit attributable to shareholders of 308 million yuan, down 60.00% year-on-year [2]. - The number of Aotwei shareholders decreased by 4.86% to 19,200 as of June 30, 2025, while the average circulating shares per person increased by 5.32% to 15,207 shares [2]. - Aotwei has distributed a total of 1.884 billion yuan in dividends since its A-share listing, with 1.627 billion yuan distributed in the last three years [3].