股票简称：奥特维 股票代码：688516.SH 债券简称：奥维转债 债券代码：118042.SH 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 第七次临时受托管理事务报告 （2025 年度） 受托管理人：平安证券股份有限公司 二〇二五年九月 重要声明 本报告依据《公司债券发行与交易管理办法》《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受托管理协议》（以下简称《受托管理协议》） 《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募集说明书》 （以下简称《募集说明书》）等相关规定，以及无锡奥特维科技股份有限公司（以 下简称公司、奥特维或发行人）出具的相关说明文件以及提供的相关资料等，由 本次债券受托管理人平安证券股份有限公司（以下简称平安证券）编制。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相关 事宜做出独立判断，而不应将本报告中的任何内容据以作为平安证券所作的承诺 或声明。请投资者独立征询专业机构意见，在任何情况下，投资者不能将本报告 作为投资行为依据。 平安证券作为奥特维向不特定对象发行可转换公司债券（债券简称：奥维转 债，债券代码：118042.S ...

Group 1 - The photovoltaic equipment sector experienced a significant upward trend on September 24, with notable gains in various companies [2] - Sungrow Power Supply reached a new high during intraday trading, indicating strong market performance [2] - Tongrun Equipment hit the daily limit increase, showcasing robust investor interest [2] Group 2 - Other companies such as Maiwei Co., Aotaiwei, Juhe Materials, Jinlang Technology, and Shangneng Electric also saw increases, reflecting a broader positive sentiment in the sector [2]

Core Viewpoint - The announcement details a significant reduction in shareholding by major shareholders of Wuxi Autowei Technology Co., Ltd., which has led to a change in their combined ownership percentage, touching the 5% threshold for reporting [1][2]. Group 1: Shareholding Changes - On September 22, 2025, Wuxi Aochuang and Wuxi Aoli collectively reduced their holdings by 775,972 shares through centralized bidding, accounting for 0.25% of the total share capital, and by 1,144,476 shares through block trading, accounting for 0.36% [2]. - Following these transactions, the combined shareholding of Ge Zhiyong, Li Wen, Wuxi Aochuang, and Wuxi Aoli decreased from 45.61% to 45.00%, triggering the 5% reporting requirement [2][14]. - The total share capital of the company was adjusted from 315,637,856 shares to 315,196,071 shares after the cancellation of 441,785 shares from the 2023 restricted stock incentive plan [1][2]. Group 2: Nature of the Shareholding Change - The reduction in shareholding is part of a normal divestment process by the employee stockholding platforms and does not involve any change in the source of funds, nor does it trigger a mandatory takeover bid [3][4]. - The actual controllers, Ge Zhiyong and Li Wen, did not participate in this reduction plan [4]. Group 3: Compliance and Future Plans - The company has adhered to relevant regulations and will continue to fulfill its information disclosure obligations [5][12]. - There are no current plans for further increases or decreases in shareholding within the next 12 months beyond the disclosed reduction plan [12].

Core Points - The announcement reveals that shareholders Wuxi Aochuang and Wuxi Aoli have reduced their holdings in Aotwei, triggering a 5% threshold change in equity [1][2] - The total shares reduced by these shareholders amount to 1,920,448, which is 0.61% of the company's total share capital [1][2] - The total cash raised from these transactions is approximately 91.26 million yuan, calculated at a weighted average price of 47.52 yuan per share [1] Summary by Sections Shareholder Reduction - On September 22, 2025, Wuxi Aochuang and Wuxi Aoli collectively reduced their shares by 1,920,448, consisting of 775,972 shares through centralized bidding and 1,144,476 shares through block trading [1] - The reduction in shareholding by these entities decreased their combined ownership from 45.61% to 45.00% [1] Previous Transactions - On September 19, 2025, Wuxi Aochuang and Wuxi Aoli also reduced their holdings by 1,453,124 shares, which is 0.46% of the total share capital, raising approximately 72.50 million yuan at a price of 49.89 yuan per share [2] - Over the past four days, the total cash raised from these transactions amounts to approximately 164 million yuan [3] Share Transfer Plan - Aotwei announced a share transfer plan on July 5, 2025, where the total number of shares to be transferred is 15,750,000, representing 4.99% of the total share capital [3] - The transfer will not occur through centralized bidding or block trading and is intended for institutional investors with appropriate pricing and risk-bearing capabilities [3] Implementation of Share Transfer - On July 10, 2025, the shareholders collectively reduced their holdings by 15,750,000 shares at a price of 28.35 yuan per share, resulting in a total amount of approximately 446.51 million yuan [4] - This transaction reduced the combined ownership of the shareholders from 51.00% to 46.01% [4]

Core Insights - The Chinese string welding machine industry is experiencing rapid growth driven by policy support and technological advancements, with a projected market size of approximately 5.258 billion yuan in 2024, representing a year-on-year growth of 16.02% [1][8] - String welding machines play a crucial role in enhancing the production efficiency and quality of photovoltaic modules, with multi-busbar technology (MBB) becoming the mainstream due to its optical loss advantages and improved current collection capabilities [1][8] Industry Overview - String welding machines are automated devices controlled by industrial computer systems, utilizing mechanical transmission mechanisms for battery cell transportation and welding through high-temperature gas or infrared heating methods [2] - The industry is characterized by significant technological barriers and rapid iterations, with MBB technology dominating the market as cell sizes increase [8] Industry Value Chain - The upstream of the string welding machine industry includes metal materials (steel, aluminum), mechanical transmission components (motors, gears), electrical control systems (electronic components, sensors), and welding heads [4] - The midstream involves the manufacturing of string welding machines, while the downstream applications are primarily in photovoltaic module manufacturing, including residential, commercial, and utility-scale solar projects [4] Market Demand and Growth - The growth in the string welding machine market is closely linked to the increasing installed capacity of photovoltaic power generation, which reached 1.099 billion kilowatts by June 2025, a year-on-year increase of 54.08% [5][6] - The demand for photovoltaic modules is driving the prosperity of the string welding machine market [6] Relevant Policies - The development of the string welding machine industry is strongly supported by national and local policies aimed at promoting high-quality growth in the photovoltaic industry and achieving carbon peak and carbon neutrality goals [5] - Policies such as the "Implementation Plan for Promoting Equipment Upgrading in the Industrial Sector" encourage the upgrade of advanced equipment, including string welding machines [5] Market Size - The string welding machine industry is projected to reach a market size of approximately 5.258 billion yuan in 2024, with a year-on-year growth of 16.02% [8] - The industry is marked by significant technological barriers and rapid iterations, with MBB technology leading the market [8] Key Players - The competitive landscape of the string welding machine industry is characterized by a "one strong, many strong" feature, with Aotaiwei holding over 70% of the global market share [9] - Aotaiwei's production capacity for large-size ultra-high-speed multi-busbar string welding machines reaches 7,200 cells per hour, adapting to N-type battery technology [9] - Other companies like Xian Dao Intelligent and Ningxia Xiaoniu are capturing niche markets through differentiated competition [10] Industry Development Trends 1. Focus on technological breakthroughs to drive high-end and intelligent upgrades, with a shift towards high precision and efficiency technologies [11] 2. Accelerate global expansion and regional collaboration, with leading companies establishing overseas production capacities and R&D centers [12] 3. Innovate circular economy models to promote green and low-carbon transformation, with a focus on reducing energy consumption and promoting recycling [13][14]

Group 1 - The core point of the article highlights the recent block trading activity of Aotwei, with a total transaction volume of 1.1445 million shares and a transaction amount of 51.696 million yuan on September 22 [2] - The stock's closing price on the same day was 47.70 yuan, reflecting a decrease of 2.85%, with a turnover rate of 3.75% and a total transaction amount of 560 million yuan [2] - Over the past three months, Aotwei has recorded a total of 8 block trades amounting to 194 million yuan [2] Group 2 - The block trades on September 22 were executed at a price of 45.17 yuan, which represents a discount of 5.30% compared to the closing price [2] - The latest margin financing balance for Aotwei is 447 million yuan, showing a decrease of 23.1883 million yuan over the past five days, which is a decline of 4.94% [2] - In the last five days, the stock has seen a cumulative increase of 4.10%, while the total net outflow of funds reached 101 million yuan [2]

Group 1 - Xinxiang Chemical Fiber will suspend production for approximately 90 days starting October 1, 2025, affecting an annual capacity of 31,200 tons, resulting in a revenue decrease of approximately 185 million yuan and a profit reduction of about 48 million yuan [1] - Bozhong Precision plans to transfer 18.29% of its stake in Suzhou Linghou Robot for 64 million yuan, retaining a 21.61% ownership post-transaction [1] - Haixing Electric is a recommended candidate for a State Grid procurement project, with an expected bid amount of approximately 128 million yuan [2] Group 2 - Samsung Medical is a recommended candidate for multiple State Grid procurement projects, with a total expected bid amount of approximately 193 million yuan [2][3] - Youxunda is a recommended candidate for a State Grid procurement project, with a bid amount of approximately 107 million yuan, representing 10.55% of its 2024 revenue [3] - Tiancheng Self-Control has received a notification for a seat assembly project from a well-known domestic new energy vehicle company, expected to start mass production in June 2026 [4] Group 3 - YKYY013 injection has received FDA approval for clinical trials to treat chronic hepatitis B virus infection [4] - Pulaide has signed a strategic cooperation agreement with an international electric tool brand, with a total procurement amount exceeding 700 million yuan over five years [4] - Sichuan Shuangma's subsidiary has obtained GMP certification from Russia, covering core aspects of drug quality and production systems [6] Group 4 - Boshi Co. has signed an industrial service contract worth approximately 96.99 million yuan with Guoneng Baotou Coal Chemical [7] - Wansheng Intelligent is a recommended candidate for a State Grid project, with an expected bid amount of approximately 67.98 million yuan, representing 7.25% of its 2024 revenue [9][10] - Huazi Industrial plans to sell its dairy farm assets for 38.5 million yuan, expecting a positive impact of approximately 11.7 million yuan on its current profits [10] Group 5 - Jinguang Electric has won a State Grid project with a total bid amount of approximately 28.4 million yuan, accounting for 3.82% of its 2024 revenue [11] - Nanjiao Food reported a net profit of 10,410 yuan for August, a year-on-year decrease of 98.31% [13] - Dongfang Bio's subsidiary has obtained registration certificates for two medical device products [15] Group 6 - Lanhua Kecai has signed a strategic cooperation agreement with Shanghai Pangu Power to promote intelligent and efficient transformation in the coal mining industry [17] - Yabao Pharmaceutical has decided to terminate the SY-009 research project, with a total investment of approximately 87.87 million yuan to be fully impaired [18] - Tian Shili's subsidiary has received approval for a new indication for its recombinant human urokinase injection for acute ischemic stroke treatment [20] Group 7 - Su Yan Jingshen's executives plan to increase their shareholding in the company, with a total investment of between 1.9 million and 2.66 million yuan [22] - Baiyun Electric and its subsidiary have won a State Grid project with a total bid amount of approximately 162 million yuan, covering multiple equipment types [23] - China West Electric's director has resigned due to work reasons, effective September 19, 2025 [25] Group 8 - Jianan Intelligent is a recommended candidate for a State Grid project with a total expected bid amount of approximately 73.12 million yuan [26] - Juhua Technology is a recommended candidate for a State Grid project with a total expected bid amount of approximately 142 million yuan [27] - Tengyuan Cobalt's actual controller has committed not to reduce holdings for the next 12 months, holding 37.89% of the total shares [28] Group 9 - Changfei Optical Fiber announced that Draka Comteq B.V. no longer holds H shares in the company after selling 37.59 million shares [28] - Mongcao Ecological's subsidiary has signed a contract for an ecological restoration project worth 225.2 million yuan [29] - Weiao Co. plans to distribute a cash dividend of 0.1 yuan per share, totaling approximately 39.29 million yuan [30]

提示性公告 本公司董事会、全体董事及相关股东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 关于股东减持股份暨权益变动触及 5%刻度的 重要内容提示： 权益变动方向 比例增加□ 比例减少 权益变动前合计比例 45.61% 权益变动后合计比例 45.00% 本次变动是否违反已作出 的承诺、意向、计划 是□ 否 是否触发强制要约收购义 务 是□ 否 证券代码：688516 证券简称：奥特维 公告编号：2025-100 转债代码：118042 转债简称：奥维转债 投资者及其一致行动人的身份 控股股东/实际控制人及其一致行动人 □其他 5%以上大股东及其一致行动人 □合并口径第一大股东及其一致行动人（仅适用 于无控股股东、实际控制人） □其他______________（请注明） 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 | | --- | --- | --- | | | □控股股东/实控人 | | | | 控股股东/实控人的一致 | 91320200339250682N | | 无 ...

无锡奥特维科技股份有限公司 简式权益变动报告书 股份变动性质：股份减持 上市公司名称：无锡奥特维科技股份有限公司 股票上市地点：上海证券交易所 股票简称：奥特维 股票代码：688516 信息披露义务人 1：无锡奥创投资合伙企业（有限合伙） 住所及通讯地址：无锡市新吴区新华路 3 号 信息披露义务人 2：无锡奥利投资合伙企业（有限合伙） 住所及通讯地址：无锡市珠江路 25 号 信息披露义务人之一致行动人 1：葛志勇 住所及通讯地址：江苏省无锡市****** 信息披露义务人之一致行动人 2：李文 住所及通讯地址：江苏省无锡市****** 简式权益变动报告书签署日期：2025 年 9 月 22 日 1 信息披露义务人声明 一、信息披露义务人依据《中华人民共和国证券法》（以下简称"《证券法》"）、 《上市公司收购管理办法》（以下简称"《收购办法》"）、《公开发行证券的公 司信息披露内容与格式准则第 15 号——权益变动报告书》（以下简称"准则 15 号"）及相关的法律、法规编写本报告书。 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 ...

Core Viewpoint - The company, Aotwei (688516.SH), announced a share reduction by its shareholders, Wuxi Aochuang and Wuxi Aoli, which may impact the ownership structure and market perception of the company [1] Summary by Sections Share Reduction Details - On September 22, 2025, Wuxi Aochuang and Wuxi Aoli reduced their holdings in Aotwei by a total of 775,972 shares through centralized bidding, representing 0.25% of the company's total share capital [1] - Additionally, they reduced their holdings by 1,144,476 shares through block trading, accounting for 0.36% of the total share capital [1] Ownership Structure - Following this reduction, the combined shareholding percentage of Ge Zhiyong, Li Wen, Wuxi Aochuang, and Wuxi Aoli decreased from 45.61% to 45.00%, triggering a change that touches the 5% integer threshold [1] - As of the date of the announcement, the share reduction plan has not been fully implemented [1]