股票代码：000700 股票简称：模塑科技 公告编号：2025-062 2、本次股东会不涉及变更以往股东会已通过的决议。 二、 会议召开和出席情况 （一）会议召开情况 1、召开会议时间： 江南模塑科技股份有限公司 2025 年第二次临时股东会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 一、 特别提示 1、本次股东会没有出现否决提案的情形； （1）现场会议召开时间：2025 年 11 月 20 日【星期四】14：00 （2）网络投票时间：通过交易系统进行网络投票的时间为 2025 年 11 月 20 日 9：15－9：25，9：30－11：30，13：00－15：00；通过互联网投票系统投票 的具体时间为：2025 年 11 月 20 日 9：15 至 15：00 期间的任意时间。 2、现场会议召开地点：江苏省江阴市周庄镇长青路 8 号办公楼 3 楼会议室。 3、会议召开方式：本次股东会采取现场表决与网络投票相结合的方式。 4、召集人：江南模塑科技股份有限公司董事会。 5、现场会议主持人：董事长曹克波先生。 6、本次股东会会议的召集、召开与表决程序 ...

Core Viewpoint - The news highlights the recent research conducted by QuanGuo Fund on Mould Technology, emphasizing the company's business operations and future plans in the automotive parts industry. Group 1: Company Overview - Mould Technology is a leading automotive parts supplier in China, focusing on the research, production, and sales of automotive bumpers and lightweight components [3] - The company has established production bases in Wuxi, Shanghai, Shenyang, Wuhan, Yantai, and Mexico, along with R&D centers in Beijing, Shanghai, and Jiangyin [3] - Mould Technology has a stake in Beiqi Mould, which has production bases in Beijing, Hefei, Chongqing, Chengdu, and Zhuzhou [3] Group 2: Production Capacity and Future Plans - The Mexican subsidiary currently has excess production capacity and plans to actively develop new orders while maintaining good cooperation with existing clients [4] - The company aims to explore more new business opportunities in the future [4] Group 3: Robotics Business Development - The company is assessing its technical capabilities and conducting market and cost research to understand product structures, with the goal of advancing its robotics project development [5] Group 4: Financial Performance and Shareholder Information - The company reported stable production and operational conditions, with specific performance details to be disclosed in the annual report on the Giant Tide Information Network [6] - As of November 10, 2025, the number of shareholders in the company was 80,816 [7]

Core Viewpoint - Jinbei Automotive plans to invest 158 million yuan to acquire a 52% stake in Zhongtuo Technology, making it a subsidiary, enhancing its position in the automotive parts industry [1][2] Group 1: Investment Details - Jinbei Automotive will invest 89.583 million yuan to subscribe for 25 million yuan of new registered capital in Zhongtuo Technology, resulting in a 29.41% stake [2] - Following the capital increase, Jinbei Automotive will acquire an additional 22.59% stake from existing shareholders for 68.8 million yuan, bringing its total ownership to 52% [2] - The total registered capital of Zhongtuo Technology will be 442 million yuan after the investment [2] Group 2: Company Profile and Market Position - Zhongtuo Technology is a high-tech enterprise specializing in the R&D, production, and sales of automotive parts, with manufacturing bases in Changchun, Chengdu, and Tianjin [1] - The company serves a diverse range of clients, including major automotive manufacturers such as FAW Hongqi, Volkswagen/Audi, BMW, and emerging companies like Xiaomi and Xpeng [1][2] - Zhongtuo Technology is recognized as a leading Tier 2 supplier in the Northeast automotive industry, particularly in plastic parts spraying [2] Group 3: Strategic Implications - The investment aligns with Jinbei Automotive's growth strategy focused on innovation and market expansion through joint ventures [2] - This acquisition will allow Jinbei Automotive to enter the lightweight components sector, creating new business growth opportunities and enhancing its profitability and overall strength [2]

Core Viewpoint - The company plans to invest 158 million yuan to acquire a 52% stake in Changchun Zhongtuo Molding Technology Co., Ltd., making it a subsidiary and enhancing its capabilities in lightweight automotive components [1] Company Summary - The investment will be executed through subscribing to new capital and acquiring equity, resulting in Zhongtuo Technology becoming a controlled subsidiary included in the company's consolidated financial statements [1] - Zhongtuo Technology is a high-tech enterprise engaged in the research, production, and sales of automotive parts, with manufacturing bases in Changchun, Chengdu, and Tianjin, and a service center in Foshan [1] - The company supplies components to major automotive manufacturers including Hongqi, Volkswagen/Audi, BMW, Toyota, Mazda, Geely, Volvo, Great Wall Motors, Xiaomi, Xpeng, and BAIC, and has successfully entered the supply chain of Li Auto [1] Industry Summary - This transaction allows the company to expand into the lightweight component sector, creating new business growth opportunities and enhancing its sustainable profitability and overall strength [1]

Group 1: Company Overview - Jiangnan Mould & Plastic Technology Co., Ltd. is a leading automotive parts supplier in China, focusing on the R&D, production, and sales of automotive exterior systems and lightweight components, such as bumpers [2] - The company has production bases in Wuxi, Shanghai, Shenyang, Wuhan, Yantai, and Mexico, with R&D centers located in Beijing, Shanghai, and Jiangyin [2] - The company has a stake in Beiqi Mould & Plastic, which has production bases in multiple cities including Beijing, Hefei, Chongqing, Chengdu, and Zhuzhou [2] Group 2: Operational Insights - The current capacity utilization rate of the Mexican subsidiary is not fully utilized, with plans to actively develop new orders while maintaining good cooperation with existing clients [2] - The company is conducting market and cost research to assess its technological capabilities for future robot project development [2] Group 3: Financial and Shareholder Information - The company's operational status is stable, with specific performance details to be disclosed in the annual report on the Giant Tide Information Network [3] - As of November 10, 2025, the number of shareholders is 80,816 [3] Group 4: Investor Relations Activity - The investor relations activity involved discussions with various investors and analysts, including representatives from major funds and securities firms [2] - The event took place from November 10 to November 19, 2025, in an offline format [2]

Core Viewpoint - The report from Huaxin Securities indicates that Moulding Technology's net profit attributable to shareholders for Q1-Q3 2025 is 375 million yuan, a year-on-year decrease of 30.42%, with Q3 net profit at 82 million yuan, down 54.79% year-on-year. Despite short-term pressure on net profit, the company has secured new project designations that lay a solid foundation for future growth [1] Group 1 - The company is a global leader in automotive exterior systems, supplying to top luxury brands such as BMW, Mercedes-Benz, and Audi, as well as prominent electric vehicle companies like Ideal and BYD, achieving comprehensive coverage of both traditional and emerging electric customers [1] - In Q3 2025, the company successfully obtained core project designations from several mainstream brands in the exterior parts segment, establishing a strong basis for future order growth and enhanced profitability [1] - The company's performance is expected to steadily improve due to the acquisition of multiple projects from well-known automotive enterprises, maintaining a "Buy" investment rating [1]

Core Insights - The company reported a total revenue of 5.107 billion yuan for Q1-Q3 2025, a year-on-year decrease of 2.70%, and a net profit attributable to shareholders of 375 million yuan, down 30.42% year-on-year [1] - In Q3 2025, the company achieved a revenue of 1.708 billion yuan, a slight increase of 0.52% year-on-year, but the net profit attributable to shareholders fell by 54.79% to 82 million yuan [1] Financial Performance - The decline in net profit for Q3 2025 was primarily due to increased financial expenses and a significant drop in fair value gains [2] - Financial expenses shifted from an income of 39 million yuan in the same period last year to an expense of 24 million yuan this year, resulting in a loss impact of 63 million yuan on profits [2] - Fair value changes also reversed from a gain of 46 million yuan to a loss of 26 million yuan, contributing to a total profit decline of over 135 million yuan [2] Operational Highlights - The company has secured multiple project contracts with high-quality clients, including leading luxury brands and prominent electric vehicle manufacturers, establishing a solid foundation for future growth [3] - In July 2025, the company received a project contract for exterior parts from a well-known North American electric vehicle company, expected to start production in January 2026, with a total sales volume of 366,000 units and projected sales revenue of 1.236 billion yuan [3] - Another project contract was secured from a luxury car client, expected to begin production in January 2028, with a total sales volume of 692,500 units and projected sales revenue of 2.044 billion yuan [3] Earnings Forecast - The company is projected to achieve revenues of 7.9 billion yuan, 8.73 billion yuan, and 9.66 billion yuan for the years 2025 to 2027, with net profits attributable to shareholders of 470 million yuan, 610 million yuan, and 710 million yuan respectively [4] - The acquisition of multiple projects from well-known automotive companies is expected to drive steady growth in performance [4]

Core Viewpoint - Mould Technology experienced a decline of 5.47% in its stock price, with a trading volume of 7.91 billion yuan and a turnover rate of 8.73% on the day of reporting [2] Trading Activity - The stock was listed on the Shenzhen Stock Exchange due to a daily price deviation of -7.00%, with institutional investors net buying 2.39 million yuan and the Shenzhen Stock Connect net buying 3.88 million yuan [2] - The top five trading departments had a combined transaction amount of 125 million yuan, with a net buying amount of 1.83 million yuan [2] - Among the trading departments, four institutional special seats were involved, with a total buying amount of 17.57 million yuan and a selling amount of 15.19 million yuan, resulting in a net buying of 2.39 million yuan [2] Fund Flow - The stock saw a net outflow of 75.74 million yuan in main funds, with a significant outflow of 43.90 million yuan from large orders [2] - Over the past five days, the main funds had a net inflow of 31.68 million yuan [2] Margin Trading Data - As of November 12, the margin trading balance for the stock was 516 million yuan, with a financing balance of 516 million yuan and a securities lending balance of 0.10 million yuan [3] - In the last five days, the financing balance increased by 33.11 million yuan, representing a growth of 6.86% [3]

股票代码：000700 股票简称：模塑科技 公告编号：2025-061 3、会议召开的合法、合规性：召开本次股东会符合《公司法》、《股东会 议事规则》、《公司章程》等法律、法规和规范性文件的规定。 4、会议召开的日期、时间： （1）现场会议时间：2025年11月20日【星期四】14:00 （2）网络投票时间：通过交易系统进行网络投票的时间为：2025年11月20 日9:15－9:25，9:30－11:30，13:00－15:00；通过互联网投票系统投票的具体时 间为：2025年11月20日9:15至15:00期间的任意时间。 江南模塑科技股份有限公司 关于召开 2025 年第二次临时股东会的提示性公告 本公司及其董事、监事、高级管理人员保证公告内容的真实、准确和完整，公告不存在 虚假记载、误导性陈述或者重大遗漏。 本公司第十二届董事会第四次（临时）会议决定召开公司2025年第二次临时 股东会，并于2025年10月31日在《证券时报》、《上海证券报》及巨潮资讯网 （www.cninfo.com.cn）上刊登了《关于召开2025年第二次临时股东会的通知》 【2025-059】，根据相关规则的要求，现对本次股东会再 ...

Summary of the Conference Call on Moulding Technology Industry Overview - The focus is on the robotics industry, specifically the trend of lightweight design in robots to enhance energy efficiency, heat dissipation, safety, and stability while reducing costs [2][3][4]. Key Points and Arguments 1. **Lightweight Design Benefits**: - Lightweight design improves energy efficiency and extends operational time, as demonstrated in the Beijing Marathon robot competition [4]. - It enhances heat dissipation, particularly in joints, reducing heat generation and prolonging component lifespan [4][7]. 2. **Material Innovations**: - Lightweight robots utilize materials like aluminum, magnesium alloys, and high-performance engineering plastics (e.g., PEEK) [2][11]. - Tesla's Optimus robot weight was reduced from 73 kg to 63 kg through the use of lighter materials [5][9]. 3. **Moulding Technology's Position**: - Moulding Technology is a platform company specializing in injection molding, providing comprehensive design solutions and has a strong partnership with Tesla, being the sole external supplier of bumpers for Tesla's North American factories [2][6][8]. 4. **Market Expansion**: - Starting February 2025, Moulding Technology is expanding into the domestic robotics market, leveraging existing relationships with major clients like BMW, Mercedes, and Xiaomi [3][8]. 5. **Material Application in Robotics**: - The use of plastics (e.g., PP, ABS) for outer shells and structural components is prevalent, with engineering plastics like PEEK being used for specific applications [16][17]. - The market is showing interest in PEEK due to its potential to create new growth opportunities in the robotics sector [23]. 6. **Competitive Advantages**: - Moulding Technology's advantages include its platform model, established relationships with international clients, and rapid domestic market expansion [8][19]. - Other recommended companies include Ekdai (aluminum products supplier) and Xingyuan Zhuomei (magnesium alloy specialist) [18][22]. Additional Important Insights - **Challenges with Magnesium Alloys**: While magnesium alloys offer superior heat dissipation, their complex surface processing poses challenges [12][13]. - **Comparison with Automotive Industry**: The materials used in robotics differ significantly from those in the automotive sector, where high-strength steel is common for safety reasons [14]. - **Stock Price Volatility**: Recent fluctuations in Moulding Technology's stock price are attributed to funding changes rather than fundamental business issues, with the robotics segment progressing well [24]. This summary encapsulates the key insights from the conference call, highlighting the advancements and strategic positioning of Moulding Technology within the evolving robotics industry.