安徽中鼎密封件股份有限公司 2024 年度独立董事述职报告 报告人：唐玮 安徽中鼎密封件股份有限公司各位股东： 作为安徽中鼎密封件股份有限公司（以下简称"公司"）的独立董事，在过去 的 2024 年，本人依据《公司法》《证券法》《上市公司独立董事管理办法》《深 圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》等有关 法律、法规、规范性文件及《公司章程》《独立董事工作细则》的规定和要求， 忠实履行独立董事的职责，积极出席任期内公司 2024 年度的相关会议，认真审 议董事会各项议案，对公司相关事项发表独立意见，切实维护了公司整体利益和 全体股东尤其是中小股东的合法权益，谨慎、勤勉地行使了公司所赋予的权利。 现将 2024 年度任期内履职情况述职如下： 一、个人基本情况 唐玮女士，中国国籍，无永久境外居留权，1981 年 12 月出生，博士学历， 现任天津工业大学经济与管理学院教授，研究生导师，安徽中草香料股份有限公 司独立董事、安徽雪郎生物科技股份有限公司独立董事，2022 年 5 月至今任本 公司独立董事。 作为公司的独立董事，经自查，我符合《上市公司独立董事管理办法》《深 圳证券交易所上 ...

2024 年度独立董事述职报告 安徽中鼎密封件股份有限公司 报告人：张正堂 安徽中鼎密封件股份有限公司各位股东： 作为安徽中鼎密封件股份有限公司（以下简称"公司"）的独立董事，在过去 的 2024 年，本人依据《公司法》《证券法》《上市公司独立董事管理办法》《深 圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》等有关 法律、法规、规范性文件及《公司章程》《独立董事工作细则》的规定和要求， 忠实履行独立董事的职责，积极出席任期内公司 2024 年度的相关会议，认真审 议董事会各项议案，对公司相关事项发表独立意见，切实维护了公司整体利益和 全体股东尤其是中小股东的合法权益，谨慎、勤勉地行使了公司所赋予的权利。 现将 2024 年度任期内履职情况述职如下： 一、个人基本情况 张正堂先生，中国国籍，无永久境外居留权，1975 年 7 月出生，中共党员， 博士学历，现任南京大学商学院教授、博士生导师，江苏南大苏富特科技股份有 限公司、广西博世科环保科技股份有限公司独立董事。2021 年 12 月至今任本公 司独立董事。 作为公司的独立董事，经自查，本人符合《上市公司独立董事管理办法》《深 圳证券交易 ...

安徽中鼎密封件股份有限公司 2024 年度独立董事述职报告 报告人：陈忠家 安徽中鼎密封件股份有限公司各位股东： 作为安徽中鼎密封件股份有限公司（以下简称"公司"）的独立董事，在过去 的 2024 年，本人依据《公司法》《证券法》《上市公司独立董事管理办法》《深 圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》等有关 法律、法规、规范性文件及《公司章程》《独立董事工作细则》的规定和要求， 忠实履行独立董事的职责，积极出席任期内公司 2024 年度的相关会议，认真审 议董事会各项议案，对公司相关事项发表独立意见，切实维护了公司整体利益和 全体股东尤其是中小股东的合法权益，谨慎、勤勉地行使了公司所赋予的权利。 现将 2024 年度任期内履职情况述职如下： 一、个人基本情况 陈忠家先生，中国国籍，无永久境外居留权，1972 年 10 月出生，博士学历， 现任合肥工业大学材料学院教授。兼任中国机械工程学会塑性工程分会理事、模 具专业委员会理事，安徽省塑性工程学会常务理事，安徽省锻造协会副理事长。 2024 年 12 月任至今任本公司独立董事。 1、参加董事会和股东大会会议情况 报告期内，公司召开董 ...

安徽中鼎密封件股份有限公司 董事会 2025 年 4 月 29 日 - 1 - 安徽中鼎密封件股份有限公司 董事会关于独立董事独立性自查情况的专项意见 安徽中鼎密封件股份有限公司(以下简称"公司")董事会根据《上市公司独立 董事管理办法》、《深圳证券交易所上市公司自律监管指引第 1 号—主板上市公 司规范运作》等要求，就公司在任独立董事张正堂、唐玮、陈忠家的独立性情况 进行评估并出具如下专项意见： 经核查独立董事张正堂、唐玮、陈忠家的任职经历以及签署的相关自查文件， 上述人员未在公司担任除独立董事以外的任何职务，亦未在公司主要股东单位担 任任何职务，与公司以及主要股东之间不存在利害关系或其他可能妨碍其进行独 立客观判断的关系，不存在影响独立董事独立性的情况，符合《上市公司独立董 事管理办法》、《深圳证券交易所上市公司自律监管指引第 1 号—主板上市公司 规范运作》等对独立董事独立性的相关要求。 ...

中鼎股份（000887）公告，2025年第一季度营收为48.54亿元，同比增长3.45%；净利润为4.03亿元，同 比增长11.52%。 ...

Financial Performance - The company's operating revenue for Q1 2025 was ¥4,854,188,014.79, representing a 3.45% increase compared to ¥4,692,198,237.48 in the same period last year[5] - Net profit attributable to shareholders was ¥402,511,020.02, an increase of 11.52% from ¥360,935,095.41 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥366,728,480.92, reflecting a 21.43% increase from ¥302,014,681.35 in the previous year[5] - The basic earnings per share rose to ¥0.31, up 14.81% from ¥0.27 in the same quarter last year[5] - Total operating revenue for the current period reached ¥4,854,188,014.79, an increase of 3.47% compared to ¥4,692,198,237.48 in the previous period[18] - Net profit for the current period was ¥399,225,999.74, representing a 11.25% increase from ¥358,783,158.23 in the previous period[19] - Earnings per share (EPS) for the current period was ¥0.31, compared to ¥0.27 in the previous period, indicating a growth of 14.81%[20] - The company reported a total comprehensive income of ¥431,506,012.05, compared to ¥291,556,078.83 in the previous period, indicating a significant increase[20] Assets and Liabilities - Total assets at the end of the reporting period reached ¥24,671,486,683.43, a 2.27% increase from ¥24,124,759,391.49 at the end of the previous year[5] - The company's total current assets amount to ¥14,433,299,174.28, an increase from ¥14,119,219,567.30 at the beginning of the period[15] - The total liabilities include short-term borrowings of ¥2,468,128,720.48, up from ¥2,294,149,549.93[15] - Total liabilities amounted to ¥11,205,140,092.59, up from ¥11,092,762,805.05, reflecting an increase of 1.01%[16] - Total equity attributable to shareholders reached ¥13,407,885,969.98, compared to ¥12,973,036,539.44, showing a growth of 3.34%[16] Cash Flow - The company's cash flow from operating activities was ¥336,931,381.34, which is a 4.48% increase compared to ¥322,482,469.62 in the same period last year[5] - Cash inflow from operating activities totaled ¥4,223,489,772.64, an increase from ¥4,094,312,021.80 in the previous period[21] - The net cash flow from operating activities was $336,931,381.34, an increase from $322,482,469.62 in the previous period, reflecting a growth of approximately 4.5%[22] - The net cash flow from investing activities was -$962,895,895.27, worsening from -$383,668,625.76, indicating a significant increase in cash outflows for investments[22] - The net cash flow from financing activities was $167,862,448.32, a decrease from $222,862,739.87, showing a decline of about 24.7%[22] - Cash outflows from operating activities totaled $3,886,558,391.30, up from $3,771,829,552.18, indicating a rise of about 3.1%[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 92,846[10] - The largest shareholder, Anhui Zhongding Holding (Group) Co., Ltd., holds 532,701,321 shares, accounting for 40.46% of total shares[10] - The company has a total of 142,500,000 shares pledged by the largest shareholder[10] Other Financial Metrics - The weighted average return on equity was 3.05%, slightly up from 2.96% in the previous year[5] - The company reported a significant increase in trading financial assets, which rose by 106.49% to ¥1,086,604,978.40 from ¥526,218,464.04[8] - The company’s prepayments increased by 129.14% to ¥458,238,218.97, primarily due to rising material prices[8] - The net cash received from the disposal of fixed assets increased dramatically by 10,941.92% to ¥36,953,020.75 from ¥334,661.18[8] - The company has a total of ¥3,141,366,947.94 in accounts payable, down from ¥3,497,648,333.91[15] - The long-term equity investment increased to ¥152,057,559.80 from ¥85,348,489.38[15] - The company reported a goodwill of ¥2,337,302,823.32, an increase from ¥2,267,763,602.71[15] - The impact of exchange rate changes on cash and cash equivalents was $20,080,238.40, compared to -$9,575,466.50 in the previous period, indicating a positive shift in currency effects[22]

Dividend and Shareholder Communication - The company plans to distribute a cash dividend of 1.5 CNY per 10 shares to all shareholders, based on a total of 1,316,489,747 shares[3]. - The company emphasizes the importance of reading the annual report carefully and being aware of investment risks[3]. - The company has a dedicated investor relations team to handle inquiries and provide information to shareholders[14]. - The company has a comprehensive disclosure policy, with reports available on multiple financial news platforms[15]. - The company maintains a strong online presence with its official website providing detailed corporate information[13]. Financial Performance - The company's operating revenue for 2024 reached ¥18,854,034,122.78, representing a 9.33% increase from ¥17,244,448,266.27 in 2023[19]. - Net profit attributable to shareholders for 2024 was ¥1,251,709,938.68, a 10.63% increase compared to ¥1,131,459,559.10 in 2023[19]. - The net profit after deducting non-recurring gains and losses was ¥1,075,249,870.05, reflecting a 10.06% increase from ¥976,944,969.55 in 2023[19]. - The net cash flow from operating activities for 2024 was ¥1,726,268,991.31, up 19.49% from ¥1,444,741,206.72 in 2023[19]. - Basic earnings per share for 2024 were ¥0.95, a 10.47% increase from ¥0.86 in 2023[19]. - Total assets at the end of 2024 amounted to ¥24,124,759,391.49, a 5.61% increase from ¥22,844,191,495.69 at the end of 2023[19]. - Net assets attributable to shareholders reached ¥12,972,912,198.68, up 7.53% from ¥12,064,199,955.89 at the end of 2023[19]. Market and Product Development - The company has established various subsidiaries and partnerships to enhance its market reach and technological capabilities[10]. - The company is focusing on the development of intelligent chassis systems, including air suspension and lightweight chassis products, to meet the growing demand for automotive innovation[30]. - The company has secured a total order value of approximately 15.2 billion CNY for its domestic air suspension business, with total assembly product orders valued at around 1.7 billion CNY[35]. - The company aims to enhance its management output and cultural output strategy to strengthen cost control and market expansion in overseas enterprises[30]. - The company is actively expanding its humanoid robot business, focusing on harmonic reducer products and forming strategic partnerships with companies like Zhejiang Wuzhou New Spring Group[45]. Research and Development - The company's research and development (R&D) investment reached ¥845,147,504.38, an increase of 7.97% compared to the previous year[65]. - The number of R&D personnel slightly decreased to 3,394, a change of -0.09% compared to the previous year[65]. - The company holds 1,281 independent intellectual property rights, including 203 invention patents and 259 foreign patents, showcasing its commitment to innovation[46]. Environmental Compliance and Sustainability - The company strictly complies with multiple environmental protection laws and standards, including the Environmental Protection Law of the People's Republic of China and various local regulations[143]. - The company has implemented a three-level activated carbon treatment system for adhesive waste gas, which is discharged through a 15-meter high exhaust stack[146]. - The company has achieved a photovoltaic installed capacity of 46 MWp in 2024, supporting its carbon reduction efforts[149]. - The company maintains ISO 50001 energy management system certification in 2024, enhancing its energy management capabilities[149]. Corporate Governance and Management - The company has established a clear compensation decision-making process based on its articles of association and performance metrics[120]. - The independent directors do not hold any shares in the company and have not faced penalties from regulatory authorities[113][114]. - The company has a total of 554,700 shares held by director Xia Ding, with no changes during the reporting period[106]. - The company has a total of 2.519 billion in assets reported[107]. - The company has not faced any penalties from the China Securities Regulatory Commission or other authorities[112]. Investment and Financial Strategy - The company raised a total of RMB 1,959,239,993.75 through a non-public offering of 99,202,025 shares at RMB 19.75 per share, with a net amount of RMB 1,916,775,193.87 after deducting issuance costs[81]. - The company is actively expanding its investment portfolio, focusing on sectors such as automotive technology and energy management[75]. - The company has committed to maintaining a diversified investment strategy to mitigate risks associated with market fluctuations[75]. Employee and Labor Relations - The total number of employees at the end of the reporting period is 22,935, with 4,898 in the parent company and 18,037 in major subsidiaries[130]. - The company provides various employee benefits, including medical and social insurance, to ensure employee rights and welfare[154]. - The company has established a training mechanism for employees, ensuring that training effectiveness is evaluated and recorded for performance assessments[132]. Shareholder and Market Engagement - The annual shareholders meeting had a participation rate of 50.11% on May 23, 2024, where the 2023 work reports were approved[104]. - The first extraordinary shareholders meeting of 2024 had a participation rate of 45.27% on December 16, 2024, focusing on the election of independent directors[105]. - The company plans to elect Chen Zhongjia as an independent director on December 16, 2024[108].

Investment Rating - The industry investment rating is optimistic [1] Core Insights - The report highlights significant investment opportunities in the humanoid robot sector, particularly in key components such as lead screws, harmonic reducers, and motors, with a projected market size of approximately 288 billion yuan for equipment at a production scale of 1 million humanoid robots [3][10] - The report recommends companies involved in the production of lead screws and harmonic reducers, emphasizing their potential growth in the humanoid robot market [3][5] Summary by Sections 1. Lead Screws - Lead screws are critical components for linear motion in humanoid robots, with a market size of 14 billion yuan for 1 million units produced [15][39] - Recommended companies include Zhejiang Rongtai and Shuanglin Co., with a focus on high-precision grinding machines and automatic straightening machines [3][19] 2. Harmonic Reducers - Harmonic reducers are essential for converting high-speed input to low-speed output while increasing torque, with a market size of 14 billion yuan for 1 million units produced [37][39] - Companies to watch include Meihua Co., Longsheng Technology, and Haoneng Co., with a focus on high-precision grinding and balancing equipment [3][41] 3. Motors - The report discusses the application of hollow cup motors and frameless torque motors in humanoid robots, with market sizes of 280 billion yuan and 204 billion yuan, respectively, at a production scale of 1 million units [3][48] - The report emphasizes the importance of motor technology in enhancing the performance and efficiency of humanoid robots [48] 4. Equipment Market Potential - The total potential market for equipment required for the mass production of humanoid robots is estimated at 288 billion yuan, with significant contributions from high-precision grinding machines and balancing machines [10][44] - The report outlines the necessary equipment and their respective market sizes, highlighting the importance of domestic suppliers in meeting production demands [10][44]

那在上周的时候我们也看到就是特斯拉这边明确了它后面的人行基础那些量产的节奏整个二五年计划生产五千台但是在订货端的话已经订了一万到一点二万的这个货源的量然后这个明年的话计划是五万台这样一个明确的一个进展同时呢我们也看到在这一周的时候就是这个语速的基础又更新了新的视频鲤鱼达艇非常丝滑 包括语速的创始人在这周接受采访的时候也提到,其实从整个硬件单的话,准备程度已经很充足了。如果后面AI大模型能够进一步拓展的话,语速这边的量产的速度可能会大幅提升。 所以我们看到虽然说板块之前可能有些波动但是在这一周我们看到了整个行业的产业的进展还是非常快的所以对人型机器人的大的产业趋势我们还是非常看好所以今天的话我们几个团队再一次给大家重申一下我们各个板块对整个人型机器人相应的标历和整个产业的一些思考和标历的推荐我们有请我们电信行业的老师给大家进行一个详细的分享有请明泉 本次电话会议仅供符合国海证券投资者适当性管理要求的客户以及受邀客户使用国海证券不会因接收人收到本次会议相关通知或参加本次会议而释其为客户本次会议内容不构成任何投资建议据此作出的任何投资决策与国海证券国海证券员工或者关联机构无关本次会议只是转发国海证券已发布研究报告的 ...

Investment Rating - The report maintains a positive investment rating for the automotive and automotive parts industry, focusing on domestic autonomous industry chains and key companies such as BYD, Geely, and Xpeng [5]. Core Insights - The report highlights the impact of recent U.S. tariffs on the automotive sector, noting that the tariffs have a limited effect on automotive parts, particularly for companies with overseas operations [2][3]. - It emphasizes the importance of monitoring tariff developments and suggests a focus on domestic autonomous vehicle manufacturers that are less affected by U.S. tariffs [3][24]. - The report recommends a selection of companies in the automotive sector, particularly those involved in smart and electric vehicles, as well as automotive parts suppliers [3][4]. Summary by Sections Weekly Data - In the first week of April 2025, passenger car sales reached 337,000 units, a year-on-year increase of 25.6% but a month-on-month decrease of 30.2%. New energy vehicle sales were 168,000 units, up 37.8% year-on-year but down 30.4% month-on-month, with a penetration rate of 50.0% [1][3]. Market Performance - The automotive sector underperformed the market, with the A-share automotive sector declining by 5.26% from April 7 to April 11, ranking 24th among sub-industries [1][3]. Key Recommendations - The report suggests focusing on a core portfolio that includes companies like BYD, Geely, Xpeng, Xiaomi, Berteli, Top Group, and others [1][3]. - It also highlights the potential of companies involved in the new energy vehicle supply chain and those focusing on smart driving technologies [3][4]. Tariff Impact - The U.S. tariffs, particularly the reciprocal tariffs, are expected to have a significant impact on exports and the economy, with a potential drag on GDP growth [10][19]. - The report notes that the automotive parts sector is less affected by the tariffs, especially for companies with production facilities in Mexico and Southeast Asia [2][24]. Company Focus - The report identifies key companies in the automotive parts sector that are well-positioned to benefit from the current market dynamics, including those involved in smart and electric vehicle technologies [3][4][25].