（记者 曾健辉） 截至发稿，奥特维市值为130亿元。 每经头条（nbdtoutiao）——海南封关政策红利全解析：零关税、低个税、投资准入放宽、跨境资金自 由、创业扶持…… 每经AI快讯，奥特维（SH 688516，收盘价：41.19元）12月17日晚间发布公告称，公司第四届第二十六 次董事会会议于2025年12月17日以现场结合通讯方式召开。会议审议了《关于提请公司股东会授权董事 会办理股权激励相关事宜的议案》等文件。 2024年1至12月份，奥特维的营业收入构成为：设备制造占比89.98%，改造及其他占比9.84%，其他业 务占比0.18%。 ...

Summary of Conference Call Records Industry Overview - The engineering machinery industry is entering its third cycle, expected to start in September 2024 and last for five years, currently in its first year. The market is benefiting from the second-hand machinery and mining excavator sectors, with an anticipated valuation switch next year leading to a 25%-30% return. Leading blue-chip stocks are expected to show strong certainty, while low-valuation stocks have greater elasticity [1][3] Key Insights and Arguments - In 2025, the shipbuilding sector's new order volume is projected to decline by 45% year-on-year, but falling steel prices are reducing shipyard costs, thereby enhancing profitability. Global ship delivery capacity is approximately 120 million deadweight tons, aligning well with order volumes, indicating a positive outlook for the sector. Some private enterprises have already reported performance improvements [1][5] - The offshore engineering sector is benefiting from US dollar interest rate cuts, which are expected to ease high-debt projects. The rising industry sentiment is creating opportunities for replenishment [1][5] - The cyclical sector is viewed more optimistically compared to the growth sector, which has seen significant valuation increases. The company maintains that growth remains a core theme while being more positive about the cyclical sector [2][3] Additional Important Content - The cyclical sector's certainty is lower than that of engineering machinery and shipbuilding, with unclear domestic market conditions. However, companies related to humanoid robots are experiencing high valuations. The potential for valuation increases in low-positioned stocks is significant, but their ability to sustain current valuations depends on the progress of humanoid robot market dynamics and overall recovery [1][6] - The AI industry chain, particularly humanoid robots, is a key focus area. Breakthroughs in self-iterative data capabilities could lead to a significant advancement in human-machine interfaces. Other vertical applications such as smart sewing machines, smart welding, unmanned agricultural machinery, and mining trucks, as well as data centers and computing power centers, are also clear beneficiaries. The AI industry chain continues to accelerate without visible ceilings [1][7] Recommended Stocks - In the engineering machinery sector, recommended stocks include SANY Heavy Industry, XCMG, Zoomlion, LiuGong, and Hengli Hydraulic. For beneficiaries of US dollar interest rate cuts, China International Marine Containers (CIMC) is recommended. In the AI vertical application space, Czech Aviation is highlighted, while in the humanoid robot sector, Weichuang Electric and Hengli are recommended. Additionally, companies in the photovoltaic lithium battery sector such as Aotewi and New Navigation are included [1][8]

Group 1: Event Overview - The 2025 (10th) Starting Point Lithium Battery Industry Annual Conference and Lithium Battery Golden Ding Award Ceremony will be held on December 18-19, 2025, in Shenzhen [2] - The event will focus on themes of new cycles, new technologies, and new ecosystems in the lithium battery sector [2] Group 2: Company Performance - Aotewei, established in February 2010 and listed on the Shanghai Stock Exchange in May 2020, is a leading high-end intelligent equipment manufacturer serving the photovoltaic, lithium battery, and semiconductor sectors [3] - In the first half of 2025, Aotewei reported a revenue of 3.379 billion yuan, a year-on-year decline of 23.57%, and a net profit of 308 million yuan, down 59.54% [3] - The revenue from photovoltaic equipment accounted for 78.87% of total revenue, while lithium battery equipment contributed only 5.20% [3] Group 3: Order Trends - As of June 30, 2025, Aotewei's order backlog was 10.569 billion yuan, a decrease of 26.32% year-on-year [4] - However, orders in the lithium battery and semiconductor sectors are beginning to grow, with semiconductor equipment orders exceeding 90 million yuan in the first half of 2025 [4] - Aotewei signed a procurement contract worth approximately 700 million yuan for equipment sales, expected to positively impact 2026 performance [4] Group 4: Market Outlook - The market anticipates a rapid growth in Aotewei's lithium battery storage business over the next 1-2 years, driven by increasing demand from leading customers [5]

Core Insights - The company Aotwei Holdings' subsidiary Aotwei Intelligent has won a bid to supply five liquid cooling PACK production lines to a leading lithium battery manufacturer, with a contract value of 90 million yuan [1] Group 1 - Aotwei Intelligent is a subsidiary of Aotwei Holdings [1] - The contract involves the supply of five production lines specifically designed for liquid cooling PACK technology [1] - The total value of the contract is 90 million yuan, which is approximately 13 million USD [1]

（编辑 任世碧） 证券日报网讯 12月12日晚间，奥特维发布公告称，公司于2025年1月13日，公司召开第四届董事会第八 次会议和第四届监事会第八次会议，审议通过了《关于使用部分闲置募集资金暂时补充流动资金的议 案》，同意在确保不影响募集资金投资项目建设进度的前提下，公司可使用部分闲置募集资金不超过人 民币6亿元暂时补充流动资金，仅用于与主营业务相关的生产经营，使用期限自董事会批准之日起不超 过12个月。截至本公告日，公司已将上述临时补充流动资金的2.2626亿元闲置募集资金全部归还至募集 资金专用账户。 ...

证券代码：688516 证券简称：奥特维 公告编号：2025-121 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 关于归还暂时用于补充流动资金的闲置募集资金的公告 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"）于 2025 年 1 月 13 日，公司召开第四届董事会第八次会议和第四届监事会第八次 会议，审议通过了《关于使用部分闲置募集资金暂时补充流动资金的 议案》，同意在确保不影响募集资金投资项目建设进度的前提下，公 司可使用部分闲置募集资金不超过人民币 6 亿元暂时补充流动资金， 仅用于与主营业务相关的生产经营，使用期限自董事会批准之日起不 超过 12 个月。具体内容详见公司 2025 年 1 月 14 日披露于上海证券 交易所网站（www.sse.com.cn）的《无锡奥特维科技股份有限公司关 于使用部分闲置募集资金暂时补充流动资金的公告》（2025-004）。 截至本公告日，公司已将上述临时补充流动资金的 2.2626 亿元 闲置募集资金全 ...

Core Insights - The article highlights the top-performing stocks in the S&P China A-Share Dividend Opportunity Index (CSPSADRP) as of December 12, 2025, showcasing significant daily and year-to-date gains along with dividend yields [1][4]. Group 1: Top Performers - The top stock, Jiufeng Energy (605090.SH), recorded a daily increase of 3.12% and a year-to-date increase of 25.95%, with a dividend yield of 3.43% [1][4]. - Furi Shares (002083.SZ) achieved a daily rise of 3.00% and an impressive year-to-date increase of 131.27%, with a dividend yield of 1.35% [1][4]. - Aotewei (688516.SH) saw a daily gain of 2.67% and a year-to-date increase of 3.38%, with a dividend yield of 5.11% [1][4]. Group 2: Notable Trends - The data indicates that several stocks, such as Yuyuan Group (601686.SH) and Agricultural Bank of China (601288.SH), have shown consistent performance with year-to-date increases of 26.26% and 55.18%, respectively [1][4]. - Stocks like Gree Electric (000651.SZ) and China Petroleum (601857.SH) have experienced fluctuations, with year-to-date changes of -4.59% and 14.06%, respectively, indicating varying market conditions [1][4]. - The overall performance of the index reflects a mix of high-growth stocks and those facing challenges, suggesting a diverse investment landscape within the Chinese A-share market [1][4].

Group 1: Engineering Machinery - Domestic demand for excavators is expected to recover to around 120,000 units in 2025, with a year-on-year increase of 19.6% in the first ten months of 2025 [1][15] - The export of excavators reached 93,800 units in the first ten months of 2025, showing a year-on-year increase of 14.4%, with an expected annual growth rate of around 15% [1][29] - The recovery in domestic demand is primarily driven by small excavators, reflecting increased demand for machinery in rural and small-scale water conservancy projects [15][20] Group 2: Shipbuilding and Offshore Engineering - The global shipbuilding industry saw a decline in new orders, with a total of 9,483.31 million deadweight tons in the first ten months of 2025, down 44.67% year-on-year [2] - The shipbuilding price index has shown a general decline, but there is a recovery in orders for bulk carriers and oil tankers in October 2025 [2] - The upcoming replacement cycle in shipbuilding, combined with tightening global environmental policies, is expected to drive a new round of demand growth [2] Group 3: Cyclical Industries - The cyclical sector is showing signs of recovery in 2025, supported by low baselines and the expansion into new industries [3] - The industrial control market is rebounding, with a notable increase in the OEM market, while project-based markets are showing weaker performance [3] - The industrial robot market is expected to grow by over 10% year-on-year in 2025, indicating a sustained recovery [3] Group 4: AI and Robotics - The AI sector is driving significant changes in various industries, with a focus on humanoid robots, data center equipment, and vertical applications [4] - The demand for data center backup power sources is increasing due to global capacity shortages, with domestic alternatives expected to accelerate [4] - The introduction of humanoid robots is becoming a reality, with significant production plans announced by companies like Tesla for 2026 [4] Group 5: Investment Recommendations - The report recommends focusing on the engineering machinery sector, particularly companies like SANY Heavy Industry, XCMG, and LiuGong, which are expected to benefit from domestic and international demand [5][9] - In the shipbuilding and offshore engineering sector, China International Marine Containers (CIMC) is highlighted as a potential beneficiary of the recovery [5][9] - The AI and robotics sector presents investment opportunities in companies like Weichuang Electric and Jack Technology, which are positioned to benefit from the ongoing industrial transformation [5][9]

Core Insights - The article highlights the top 20 stocks in the S&P China A-Share Dividend Opportunity Index (CSPSADRP) based on their daily and year-to-date performance as of December 5, 2025 [1][4]. Group 1: Stock Performance - The top performer is Luodi Co., Ltd. (002083.SZ) with a daily increase of 9.99% and a year-to-date increase of 115.68% [1][4]. - Nanshan Aluminum (600219.SH) follows with a daily increase of 8.55% and a year-to-date increase of 41.18% [1][4]. - Shenhuo Co., Ltd. (000933.SZ) shows a daily increase of 5.43% and a year-to-date increase of 65.72% [1][4]. - Tianshan Aluminum (002532.SZ) has a daily increase of 5.16% and a year-to-date increase of 85.94% [1][4]. - Chuanheng Co., Ltd. (002895.SZ) reports a daily increase of 4.22% and a year-to-date increase of 61.41% [1][4]. Group 2: Dividend Yields - Siwei Liekong (603508.SH) has the highest dividend yield at 11.60% over the past 12 months [1][4]. - Other notable dividend yields include Chuanheng Co., Ltd. (3.86%), Yungxin Co., Ltd. (7.84%), and Yuntianhua (5.23%) [1][4]. - The average dividend yield among the top 20 stocks varies, with some stocks like Kesheng Co., Ltd. (300856.SZ) showing a lower yield of 1.41% [1][4]. Group 3: Market Trends - The article indicates a positive market trend with the formation of MACD golden cross signals for several stocks, suggesting potential upward momentum [3][6].

Group 1 - The company, Aotwei, announced that as of the disclosure date, the total guarantees provided for subsidiaries within the consolidated financial statements amount to approximately 1.978 billion yuan, which represents 47.92% of the latest audited net assets and 14.1% of total assets [1][1][1] - For the year 2024, Aotwei's revenue composition 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][1][1] - As of the report date, Aotwei's market capitalization is 12.3 billion yuan [1][1][1]