本公司全体董事、监事、高级管理人员保证公告内容真实、准确和完整，并对公 告中的虚假记载、误导性陈述或者重大遗漏承担责任。 一、对外投资暨关联交易的概述 宁波华翔电子股份有限公司（以下简称"公司"）于2025年8月27日召开第八届 董事会第二十三次会议，审议通过了《关于公司与峰梅化学及其子公司设立合资公司 暨关联交易的议案》，同意公司与实际控制人控制的企业——宁波峰梅化学科技有限 公司和宁波峰梅匹科企业管理合伙企业（有限合伙）共同投资设立宁波峰梅匹意克新 材料有限公司（以下简称"合资公司"），主要进行聚醚醚酮（PEEK）材料的研发与 应用。合资公司的注册资本为人民币5,000万元，其中公司以货币方式出资1500万元， 持 股 占 比 30% 。 具 体 内 容 详 见 公 司 于 2025 年 8 月 28 日 在 巨 潮 资 讯 网 （http://www.cninfo.com.cn）披露的《宁波华翔电子股份有限公司关于与关联方共 同投资设立合资公司暨关联交易的公告》（公告编号：2025-063）。 董事会公告 股票代码：002048 股票简称：宁波华翔 公告编号：2025-070 宁波华翔电子股份有限公司 ...

董事会公告 股票代码：002048 股票简称：宁波华翔 公告编号：2025-069 2025年9月28日，宁波华翔第八届董事会第二十四次会议审议通过了《关于解聘 公司副总经理的议案》，公司副总经理井丽华女士因个人原因，不再担任公司副总经 理职务。依据《公司章程》等相关规定，经董事会提名委员会审查通过，公司董事会 同意解聘井丽华女士担任的副总经理职务，解聘自第八届董事会第二十四次会议审议 通过之日起生效。解聘后井丽华女士的具体工作将由公司另行安排，本次解聘事项不 会对公司日常生产经营活动的正常运作产生不利影响。 截至本公告披露之日，井丽华女士持有公司股份21,000股，占公司股本的0.0026%。 其所持有的公司股份将继续按照相关法律法规、规范性文件的规定进行管理。 特此公告。 宁波华翔电子股份有限公司 董事会 2025 年 9 月 29 日 1 宁波华翔电子股份有限公司 关于解聘公司副总经理的公告 本公司全体董事、监事、高级管理人员保证公告内容真实、准确和完整，并对公 告中的虚假记载、误导性陈述或者重大遗漏承担责任。 ...

董事会公告 股票代码：002048 股票简称：宁波华翔 公告编号：2025-068 宁波华翔电子股份有限公司 第八届董事会第二十四次会议决议公告 本公司全体董事、监事、高级管理人员保证公告内容真实、准确和完整，并对公 告中的虚假记载、误导性陈述或者重大遗漏承担责任。 一、董事会会议召开情况 宁波华翔电子股份有限公司(以下简称"公司")第八届董事会第二十四次会议通 知于2025年9月17日以邮件或传真等书面方式发出，会议于2025年9月28日上午8点在上 海浦东以通讯的方式召开。会议应出席董事5名，亲自出席董事5名。董事长周晓峰先生 主持会议，公司高管列席了本次会议。本次会议的召开符合《中华人民共和国公司法》 （以下简称"《公司法》"）和《公司章程》的有关规定。 2025 年 9 月 29 日 1 公司副总经理井丽华女士因个人原因，不再担任公司副总经理职务。依据《公司章 程》等相关规定，经董事会提名委员会审查通过，公司董事会同意解聘井丽华女士担任 的副总经理职务，解聘自本次董事会审议通过之日起生效。解聘后井丽华女士的具体工 作将由公司另行安排，本次解聘事项不会对公司日常生产经营活动的正常运作产生不利 影响。 具 ...

每经头条（nbdtoutiao）——去美国的"打工人"天塌了！特朗普10万美元签证费击碎"美国梦"，美企加 速外包，加拿大趁机"抢人" （记者 王晓波） 每经AI快讯，宁波华翔（SZ 002048，收盘价：36.75元）9月28日晚间发布公告称，公司第八届第二十 四次董事会会议于2025年9月28日在上海浦东以通讯的方式召开。会议审议了《关于解聘公司副总经理 的议案》等文件。 2025年1至6月份，宁波华翔的营业收入构成为：汽车零部件及模具占比100.0%。 截至发稿，宁波华翔市值为299亿元。 ...

Core Viewpoint - Ningbo Huaxiang is currently producing according to its production plan and all deliveries are normal [2] Company Summary - Ningbo Huaxiang has confirmed that its production is proceeding in an orderly manner [2] - The company is meeting its delivery schedules without any reported issues [2]

Investment Rating - The report rates the industry as "Overweight," indicating an expectation that the industry will outperform the overall market [4]. Core Insights - The report highlights a strategic shift for Xingyu Co., Ltd. from domestic new energy vehicle clients to overseas markets, particularly in Europe, with collaborations with major clients like Volkswagen and BMW [4][5]. - Ningbo Huaxiang is extending its automotive parts manufacturing capabilities into the robotics sector, aiming to achieve humanoid robot ODM capabilities within five years [5][6]. - Changshu Automotive Trim is transitioning from joint venture brands to new energy vehicle clients, with a significant portion of revenue now coming from this sector [6]. - Fuda Co., Ltd. is positioned in the robotics field, with a strong demand for its main products and a high certainty of performance growth [6][8]. - Baolong Technology is expected to benefit from new model launches by clients like NIO, with projected profits increasing significantly in the coming years [8]. Summary by Company Xingyu Co., Ltd. - The strategic focus is shifting towards overseas markets, with potential project approvals expected by the end of this year or next [4]. - The penetration of high-end lighting products is anticipated to increase the per-vehicle value significantly, from over 1,000 yuan for standard LED to over 4,000 yuan for HD and up to 10,000 yuan for DLP [4]. Ningbo Huaxiang - The company is leveraging its manufacturing strengths to enter the robotics market, with expected revenue from robot OEM services reaching 20,000 to 30,000 yuan per unit [5]. - After divesting from unprofitable European operations, the net profit for the first half of the year was reported at 600 million yuan, a 26.4% increase year-on-year [5]. Changshu Automotive Trim - The company is transitioning its client base towards new energy vehicles, with 50% of revenue now derived from this segment [6]. - Despite challenges in restoring profit margins due to competition and new factory ramp-up, the company is exploring opportunities in robotics and lightweight materials [6]. Fuda Co., Ltd. - The company is experiencing high demand in its main business areas, with a strong growth outlook in the robotics sector [6]. - Fuda's established production capabilities in key components position it well for future growth and potential revaluation [6]. Baolong Technology - The company is expected to see profit growth driven by new model launches from clients, with projected profits of 440 million yuan this year and 580 million yuan next year [8]. - Baolong's strong foundation in automotive sensors provides a logical pathway for expansion into robotics [8].

Investment Rating - The report suggests a focus on companies with strong growth potential in the automotive and robotics sectors, recommending to pay attention to companies like Xingyu Co., Ningbo Huaxiang, and Fuda Co. due to their strategic shifts and growth prospects [1][4][5][6]. Core Insights - Xingyu Co. is shifting its strategic focus from domestic new energy vehicles to overseas markets, particularly in Europe, with expected project confirmations by the end of this year or next year. The penetration of high-end lighting products is projected to significantly increase the per vehicle value [1][4]. - Ningbo Huaxiang is extending its automotive parts manufacturing into the robotics field, aiming to achieve humanoid robot ODM capabilities within five years. The company has shown a strong profit growth of 26.4% year-on-year, with expectations for further recovery in net profit by 2026 [3][5]. - Changshu Automotive Trim is transitioning from joint venture brands to new energy vehicle clients, with 50% of its revenue now from this sector. However, it faces challenges in restoring profit margins due to increased competition [3][6]. - Fuda Co. is recognized for its strong growth potential in the robotics sector, with a solid demand for its main products and a promising outlook for its business expansion [3][6]. - Baolong Technology is expected to benefit from new model launches by clients like NIO, with projected profits increasing significantly in the coming years, indicating a strong market position [3][7]. Summary by Relevant Sections Company Updates - Xingyu Co. is enhancing collaborations with European clients like Volkswagen and BMW, with expectations for new project confirmations soon. The company’s PE ratio is around 20 times, indicating potential undervaluation [1][4]. - Ningbo Huaxiang is strategically positioning itself in the robotics market, with a projected revenue of 20,000 to 30,000 yuan per robot unit. The company has successfully divested from unprofitable European operations, leading to a net profit of 600 million yuan [3][5]. - Changshu Automotive Trim is experiencing a shift in client base towards new energy vehicles, but faces challenges in profit margin recovery due to competitive pressures [3][6]. - Fuda Co. is noted for its strong demand in the robotics field, with established production capabilities and potential for upward valuation [3][6]. - Baolong Technology is projected to see profit growth driven by new model releases, with a PE ratio below 20 times, suggesting that the market has not fully priced in its growth potential [3][7].

Core Viewpoint - Ningbo Huaxiang's stock price increased by 5.02% to 35.75 CNY per share, with a trading volume of 857 million CNY and a turnover rate of 3.46%, resulting in a total market capitalization of 29.095 billion CNY [1] Group 1: Company Overview - Ningbo Huaxiang Electronic Co., Ltd. is located at 1168 Century Avenue, Oriental Financial Plaza, Pudong New District, Shanghai, and was established on September 26, 1988, with its listing date on June 3, 2005 [1] - The company's main business involves the development, production, and sales of automotive parts, with revenue composition as follows: interior parts 53.89%, exterior parts 18.06%, metal parts 17.68%, electronic parts 8.28%, and others 2.09% [1] Group 2: Fund Holdings - According to data, one fund under Hongde Fund has a significant holding in Ningbo Huaxiang, specifically the Hongde Rui Xiang One-Year Holding Period Mixed A (009015), which held 6,700 shares in the second quarter, accounting for 0.21% of the fund's net value, ranking as the tenth largest holding [2] - The fund has a current scale of 54.2846 million CNY and has achieved a year-to-date return of 8.93%, ranking 5956 out of 8244 in its category, with a one-year return of 21.25%, ranking 5903 out of 8066 [2] - The fund manager, Yao Xuekang, has a tenure of 3 years and 267 days, with a total asset scale of 943 million CNY, achieving a best return of 22.28% and a worst return of -13.38% during his tenure [2]

Market Overview - On September 16, A-shares saw all three major indices rise, with the Shanghai Composite Index up 0.04%, the Shenzhen Component Index up 0.45%, and the ChiNext Index up 0.68% [1] - The total trading volume in the Shanghai and Shenzhen markets reached 23,670 billion yuan, an increase of 639 billion yuan compared to the previous day [1] - Over 3,600 stocks in the market experienced gains [1] Robotics and Tesla Concepts - The robotics industry chain experienced a surge, with multiple stocks related to Tesla reaching new highs, including Sanhua Intelligent Control, which hit the daily limit [3] - Tesla's CEO Elon Musk purchased 2.57 million shares of Tesla stock for approximately 1 billion USD, marking the largest public market buy since February 2020 [5] - Following the release of Tesla's "Master Plan 4," which emphasizes AI and robotics, Musk reiterated the strategic importance of the robotics business, stating that about 80% of Tesla's future value will come from the Optimus robot [5] Tesla's Growth Potential - Musk has set ambitious production targets for the Optimus robot, aiming for 5,000 units by 2025 and 100,000 units annually by 2029 [5] - Tesla's board proposed a new compensation plan for Musk with a potential value of nearly 1 trillion USD, contingent on delivering 1 million humanoid robots [6] - Analysts believe that the release of Tesla's "Master Plan 4" highlights the central role of humanoid robots in Tesla's business model, presenting new investment opportunities in the robotics sector [6] Stock Performance of Shoukai Co. - Shoukai Co. recorded its 9th consecutive trading limit up on September 16, with a total increase of 152.65% since September 3 [8] - The stock closed at 6.67 yuan per share, with a trading volume that indicates a significant increase in turnover rate [8] - Despite the stock's rapid rise, Shoukai Co. is currently in a loss position, reporting a revenue of 18.039 billion yuan and a net loss of 1.839 billion yuan for the first half of 2025 [10]

Core Viewpoint - The Tesla concept stocks in the A-share market are experiencing significant gains, with multiple stocks hitting their daily limit up and reaching historical highs [1] Group 1: Stock Performance - Sanhua Intelligent Control has reached its daily limit up and set a new historical high [1] - Beite Technology also hit its daily limit up in the afternoon session [1] - Other stocks such as Meilixin, Yinlun Shares, Kosen Technology, and Junsheng Electronics have previously reached their daily limit up [1] - Companies like Ningbo Huaxiang, Xusheng Group, and Dazhu Laser have shown notable upward movement [1]