关于苏州伟创电气科技股份有限公司股东 相关资格的核查意见 国泰海通证券股份有限公司 中国（上海）自由贸易试验区商城路 618 号 1 向特定机构投资者询价转让股份 国泰海通证券股份有限公司（以下简称"国泰海通"）受苏州伟创电气科技 股份有限公司（以下简称"伟创电气"）股东淮安市伟创电气科技有限公司、南 通金皓诚企业管理合伙企业（有限合伙）及南通金至诚企业管理合伙企业（有限 合伙）（以下合称"出让方"）委托，组织实施本次伟创电气首发前股东向特定 机构投资者询价转让（以下简称"本次询价转让"）。 根据《关于在上海证券交易所设立科创板并试点注册制的实施意见》《科创 板上市公司持续监管办法（试行）》《上海证券交易所科创板股票上市规则（2025 年 4 月修订）》《上海证券交易所科创板上市公司自律监管指引第 4 号——询 价转让和配售（2025 年 3 月修订）》（以下简称"《询价转让和配售指引》"） 等相关规定，国泰海通对参与本次询价转让股东的相关资格进行核查，并出具本 核查意见。本次询价转让的委托情况、出让方相关资格的核查情况及核查意见如 下： 一、本次询价转让的委托 国泰海通收到出让方关于本次询价转让的委托，委托 ...

证券代码：688698 证券简称：伟创电气 公告编号：2025-035 苏州伟创电气科技股份有限公司 股东询价转让计划书 淮安市伟创电气科技有限公司（以下简称"淮安伟创"）、南通金皓诚企 业管理合伙企业（有限合伙）（以下简称"金皓诚"）、南通金至诚企业管理 合伙企业（有限合伙）（以下简称"金至诚"）（上述 3 家股东以下合称"出 让方"）保证向苏州伟创电气科技股份有限公司（以下简称"伟创电气"或 "公司"）提供的信息内容不存在任何虚假记载、误导性陈述或者重大遗漏， 并对其真实性、准确性和完整性依法承担法律责任。 本公司及董事会全体成员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 一、拟参与转让的股东情况 （一）出让方的名称、持股数量、持股比例 1 拟参与伟创电气首发前股东询价转让（以下简称"本次询价转让"）的股 东为淮安市伟创电气科技有限公司、南通金皓诚企业管理合伙企业（有 限合伙）和南通金至诚企业管理合伙企业（有限合伙）； 公司实际控制人直接或间接持有伟创电气的股份不参与本次询价转让； 出让方拟转让股份的总数为6,300,000股，占伟创电气总股本的比例为2.98%； 本次询价转让不通过集中竞 ...

Summary of the Conference Call for Weichuang Electric Company and Industry Overview - The conference call primarily discusses Weichuang Electric and its joint venture, Yizhi Lingqiao, which focuses on the research and sales of dexterous hands in the humanoid robot sector. Weichuang Electric holds a 40% stake in Yizhi Lingqiao, with Keda Li at 30%, and Yinlun Technology at 20% [2][3][4]. Key Points and Arguments Business Structure and Focus - Yizhi Lingqiao aims to develop three types of robotic hands: fitness type (6 degrees of freedom), low-end replacement type (cost-effective and fast response), and high-end versatile type (multiple degrees of freedom) [2][4][7]. - The company plans to establish a robotics application company in the second half of the year to promote the widespread application of humanoid robots in factories [2][3]. Product Development and Market Strategy - Weichuang Electric is focused on core components for humanoid robots, including harmonic joints, linear joints, dexterous hands, hollow cup motors, frameless motors, and servo drivers [6][9]. - The company expects revenue between 20 million to 50 million yuan in 2025, with rapid growth in humanoid robot product shipments and connections with over 50 clients [4][16]. Production and Supply Chain - The company prioritizes outsourcing advanced components like electronic skin and sensors, with a long-term goal of achieving self-sufficiency through investment in partner companies [9][10]. - The production of dexterous hands will be based on customer demand, with no specific sales targets set for 2025 [12][15]. Market Outlook and Application - The outlook for humanoid robots in factories is positive, with expectations for mass production and increased productivity in industrial automation [9][25]. - Initial application scenarios will focus on internal logistics within the new factory, expanding to automotive, battery, logistics, and packaging sectors [26][27]. Additional Important Insights - The joint venture's structure ensures that no partner will independently produce dexterous hands or complete robotic products, preventing competition among partners [11]. - The company is exploring partnerships for motion control and AI generalization, with potential collaborations with firms like Huawei Cloud for data collection [28]. - The overall economic environment remains stable, with the overseas market for photovoltaic and general products expected to grow by 20% to 30% [24]. This summary encapsulates the key aspects of Weichuang Electric's conference call, highlighting its strategic direction, product development, market outlook, and collaborative efforts within the humanoid robotics industry.

Investment Rating - The report assigns a "Buy" rating for the company, indicating a potential upside in the stock price [6][11]. Core Insights - The company is actively expanding into the robotics sector by establishing a joint venture focused on dexterous robotic hands, which is expected to have significant market potential [7][8]. - The company's revenue for Q1 2025 reached RMB 390 million, representing a year-over-year growth of 18.2%, with steady growth in its core products: variable frequency drives and servo systems [8]. - Profit forecasts for the company are optimistic, with expected net profits of RMB 300 million, RMB 350 million, and RMB 430 million for 2025, 2026, and 2027 respectively, reflecting year-over-year growth rates of 22%, 18%, and 22% [8][10]. Company Overview - The company operates in the electrical equipment industry, with a current A-share price of RMB 45.89 and a target price set at RMB 56 [1][6]. - The major shareholder is Huai'an Weichuang Electric Technology Co., Ltd., holding 57.15% of the shares [1]. - The company has a market capitalization of RMB 9.7 billion and a price-to-book ratio of 4.62 [1]. Product Portfolio - The company's product mix includes variable frequency drives (63.1%), servo systems and control systems (30.2%), and digital energy solutions (3.7%) [2]. Financial Performance - The company is projected to achieve a revenue of RMB 2.035 billion in 2025, with a steady increase in operating income and net profit over the next few years [10][12]. - The earnings per share (EPS) are expected to grow from RMB 1.42 in 2025 to RMB 2.04 in 2027, indicating a positive trend in profitability [10]. Market Position - The company is positioning itself as a leading supplier in the dexterous robotic hand market through strategic partnerships and technological advancements in motion control [8]. - The collaboration with other industry players is aimed at enhancing the development and commercialization of key technologies in the robotics field [8].

Core Viewpoint - Three listed companies, Keda Li (科达利), Yinlun (银轮股份), and Weichuang Electric (伟创电气), are collaborating to establish a joint venture named Suzhou Yizhi Lingqiao Drive Technology Co., Ltd. (依智灵巧), focusing on the research and production of core components for humanoid robots [2][4]. Group 1: Joint Venture Details - The registered capital of Yizhi Lingqiao is 50 million yuan, with Weichuang Electric contributing 20 million yuan (40%), Keda Li 15 million yuan (30%), and Yinlun 10 million yuan (20%) [1]. - The joint venture aims to leverage the strengths of each partner in the field of embodied intelligent robots, enhancing technological research and manufacturing capabilities [4]. Group 2: Company Profiles - Weichuang Electric specializes in electrical transmission and industrial control, with significant experience in key components for robots, providing complete actuator solutions [3]. - Yinlun focuses on heat exchangers and automotive air conditioning products, and is expanding into the humanoid robot sector, developing key components like joint assemblies [3]. - Keda Li is involved in the production and sales of hardware products, aluminum caps, plastic products, and die-casting products, and is entering the humanoid robot market [3]. Group 3: Market Outlook - The partners expect a broad market potential for the dexterous hands being developed, as the industry is at a critical stage of development [4]. - The humanoid robot sector is experiencing a surge of new entrants, particularly from automotive component manufacturers [4]. - Keda Li plans to focus on high-precision reducers and joint modules as part of its humanoid robot business strategy [5].

Group 1 - The first meeting of the China-US economic and trade consultation mechanism took place in London, with both sides achieving a principled consensus on addressing economic concerns and enhancing cooperation [2][3] - China emphasized the mutual benefits of the economic relationship, stating that trade wars yield no winners and expressing a willingness to engage in dialogue to resolve differences [2] - The US side reported positive outcomes from the meeting, aiming to stabilize bilateral economic relations and implement the consensus reached [3] Group 2 - The China Automobile Industry Association reported that from January to May, automobile production and sales reached 12.826 million and 12.748 million units, respectively, marking year-on-year increases of 12.7% and 10.9% [4] - New energy vehicle production and sales during the same period were 5.699 million and 5.608 million units, reflecting year-on-year growth of 45.2% and 44%, with new energy vehicles accounting for 44% of total new car sales [4] Group 3 - The Zhejiang Provincial Department of Commerce and 17 other departments issued measures to support the overseas expansion of the gaming industry, including increased financial support [5] - Companies such as Silver Wheel Co. plan to establish joint ventures to enter the intelligent robot parts market, while Tian Ci Materials intends to build an integrated production base for electrolytes and raw materials in Morocco [7]

国泰海通证券股份有限公司 关于苏州伟创电气科技股份有限公司 对外投资暨关联交易的核查意见 国泰海通证券股份有限公司（以下简称"保荐人"）作为苏州伟创电气科技 股份有限公司（以下简称"公司"或"伟创电气"）持续督导的保荐人，根据《证 券发行上市保荐业务管理办法》《上海证券交易所科创板股票上市规则》《上海证 券交易所科创板上市公司自律监管指引第 1 号——规范运作》《科创板上市公司 持续监管办法（试行）》等有关法律法规规定，对伟创电气对外投资暨关联交易 进行了核查，具体情况如下： 公司与深圳市科达利实业股份有限公司（以下简称"科达利"）、浙江银轮 机械股份有限公司（以下简称"银轮股份"）、上海开普勒机器人有限公司（以 下简称"开普勒"）及员工持股平台深圳市伟立成长企业管理咨询合伙企业（有 限合伙）（以下简称"伟立成长"）签署《合资设立公司协议》，约定公司与科达 利、银轮股份、开普勒、伟立成长拟共同出资设立合资公司苏州市依智灵巧驱动 科技有限公司（以下简称"依智灵巧"）。依智灵巧注册资本为 5,000 万元，其 中：公司投资 2,000 万元，持股比例为 40%；科达利投资 1,500 万元，持股比 例为 30%； ...

证券代码：688698 证券简称：伟创电气 公告编号：2025-034 苏州伟创电气科技股份有限公司 关于公司对外投资暨关联交易的公告 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。 重要内容提示： ●关联交易简要内容：苏州伟创电气科技股份有限公司（以下简称伟创电气 或公司）与深圳市科达利实业股份有限公司（以下简称科达利）、浙江银轮机械 股份有限公司（以下简称银轮股份）、上海开普勒机器人有限公司（以下简称开 普勒）及深圳市伟立成长企业管理咨询合伙企业（有限合伙）（以下简称伟立成 长）拟共同出资设立苏州依智灵巧驱动科技有限公司（拟筹，具体名称以工商行 政主管机关核定为准，以下简称依智灵巧）。其中：公司投资 2,000 万元，持股 比例为 40%；伟立成长投资 350 万元，持股比例为 7%。 ●公司实际控制人胡智勇先生拟任依智灵巧董事；间接持有公司 5%以上股 份的股东、公司产品管理部总监邓雄先生现任伟立成长执行事务合伙人，且拟任 依智灵巧董事、总经理。根据《上海证券交易所科创板股票上市规则》《苏州伟 创电气科技股份有限公司 ...

Group 1 - The company, Keda Li, announced a joint investment to establish a new company named Suzhou Yizhi Intelligent Drive Technology Co., Ltd. with several partners [1][2] - The registered capital of Yizhi Intelligent is proposed to be RMB 50 million, with Keda Li contributing RMB 15 million, accounting for 30% of the capital [1] - The investment is based on the anticipated market potential of embodied intelligent robots, particularly the dexterous hands, which are expected to have a broad market outlook [2] Group 2 - Keda Li is one of the largest suppliers of precision structural components for power batteries in China and has been involved in the research and production of these components for a long time [2] - The establishment of the joint venture is seen as a strategic move to enhance overall operational efficiency and capitalize on the current critical period for industry and product development [2]

Group 1 - The core point of the article is that Keda Li plans to jointly invest with Weichuang Electric and other companies to establish Suzhou Yizhi Intelligent Drive Technology Co., Ltd. with a registered capital of 50 million yuan [1] - Keda Li will contribute 15 million yuan, accounting for 30% of the total investment [1] - The investment aims to capitalize on the development prospects of embodied intelligent robots, with expectations of a broad market potential for dexterous hands [1] Group 2 - The investment is subject to administrative approval processes such as business registration [1] - There may be risks related to operational management and internal controls associated with the investment [1]