Group 1 - The core point of the article is that Derun Electronics announced the approval of a proposal to transfer minority equity in an affiliated company during its board meeting [2] Group 2 - The announcement was made on the evening of September 2, indicating a significant corporate decision [2] - The decision was made during the 18th meeting of the 8th board of directors, highlighting the governance process within the company [2]

Group 1 - The board of directors of Shenzhen Derun Electronics Co., Ltd. held its 18th meeting of the 8th session on August 2025, with all seven directors present, confirming compliance with relevant laws and regulations [1] - The board approved a proposal regarding the transfer of minority equity in an affiliated company, with a unanimous vote of 7 in favor, 0 against, and 0 abstentions [1] - The details of the equity transfer proposal can be found on the company's information disclosure website and in major financial newspapers [1]

Group 1 - The company DeRun Electronics (SZ 002055) announced on September 2, 2025, that its 18th board meeting of the 8th session was held to discuss the proposal for transferring minority stakes in its affiliated companies [1] - For the first half of 2025, DeRun Electronics reported that its revenue composition was entirely from the electronic device manufacturing industry, accounting for 100.0% [1] - As of the time of reporting, DeRun Electronics had a market capitalization of 4.7 billion yuan [1]

Core Viewpoint - The company, Derun Electronics, plans to transfer its 18% stake in Liuzhou Shuangfei Automotive Electrical Parts Manufacturing Co., Ltd. to Tianjin Tongli and Ying 16th Equity Investment Fund for 135 million yuan, following a strategic decision to focus on its core business and optimize resource allocation [2][3]. Company Summary - Derun Electronics will no longer hold any equity in Liuzhou Shuangfei after the transaction, which is part of a broader strategy to enhance its core competitiveness in high-speed connector products [2][3]. - The company previously acquired a 60% stake in Liuzhou Shuangfei in 2016, but the operational performance did not meet expectations, leading to a strategic reevaluation and the decision to divest its remaining shares [2][3]. - The automotive wiring harness industry has become increasingly competitive, with Liuzhou Shuangfei facing significant operational challenges, including abnormal order fluctuations from key domestic clients and pressure to reduce costs [3]. Industry Summary - The automotive wiring harness sector is experiencing intense competition, with Liuzhou Shuangfei's overseas market expansion hindered and substantial losses reported in the first half of the year compared to the previous year [3]. - The company anticipates that the operational performance of Liuzhou Shuangfei will remain under pressure for the remainder of the year, with no substantial improvement expected [3]. - The strategic divestment aligns with the company's focus on its main business and aims to facilitate sustainable and healthy development through optimized resource allocation [3].

Core Viewpoint - The company, Derun Electronics (002055.SZ), plans to transfer its 18% stake in the affiliated company Liuzhou Shuangfei Automotive Electrical Parts Manufacturing Co., Ltd. to Tianjin Tongli and Ying Sixteen Equity Investment Fund Partnership (Limited Partnership) for a consideration of 135 million yuan [1] Group 1 - The transfer of the stake is part of the company's strategic planning and operational development needs [1] - Other shareholders of Liuzhou Shuangfei have agreed to waive their preemptive rights regarding this transfer [1] - Upon completion of this transaction, the company will no longer hold any equity in Liuzhou Shuangfei [1]

Core Viewpoint - Derun Electronics (002055.SZ) plans to sell an 18% stake in its associate company, Liuzhou Shuangfei Automotive Electrical Parts Manufacturing Co., Ltd., to Tianjin Tongli for 135 million yuan, aiming to focus on its core connector business and optimize resource allocation [1][1]. Company Summary - The stake transfer will result in Derun Electronics no longer holding any equity in Liuzhou Shuangfei [1]. - Liuzhou Shuangfei specializes in automotive wiring harnesses, serving major domestic automotive manufacturers such as SAIC-GM-Wuling and Liuzhou Automobile [1]. - The automotive wiring harness industry is facing intense competition, with Liuzhou Shuangfei experiencing significant losses in the first half of the year due to challenges in expanding overseas markets and abnormal order fluctuations from a key domestic client [1]. Financial Impact - Liuzhou Shuangfei is under pressure from strong cost-cutting demands from clients, leading to substantial pricing pressures [1]. - The company faces difficulties in reducing procurement costs for bulk commodities, and fluctuations in import material costs due to volatile tariff policies have further strained its financial performance [1]. - As a result, Liuzhou Shuangfei is expected to report significant losses in the first half of the year compared to the same period last year, with no substantial improvement anticipated in the second half [1]. Strategic Focus - The transaction will help Derun Electronics to further concentrate on its core connector business, enhance its competitive edge, and optimize resource allocation [1]. - The funds raised from this transaction will be used to alleviate financial pressure and support ongoing investments in strategic business development [1].

Core Viewpoint - The company plans to transfer its 18% stake in Liuzhou Shuangfei Automotive Electrical Parts Manufacturing Co., Ltd. for a price of 135 million yuan, aiming to focus on its core connector business and optimize resource allocation [1][1][1] Company Summary - The company will no longer hold any equity in Liuzhou Shuangfei after the transaction [1] - Liuzhou Shuangfei primarily engages in the automotive wiring harness business, serving well-known domestic automotive manufacturers such as SAIC-GM-Wuling and Liuzhou Automobile [1][1] - The automotive wiring harness industry has become increasingly competitive, with Liuzhou Shuangfei facing significant challenges in expanding its overseas market and experiencing abnormal fluctuations in orders from a key domestic customer [1][1] Financial Performance - Liuzhou Shuangfei has encountered substantial losses in the first half of the year compared to the same period last year, with expectations of no significant improvement in the second half [1][1] - The company faces considerable pressure to reduce prices due to strong cost-cutting demands from customers, while the procurement costs for raw materials remain volatile due to fluctuating tariff policies [1][1] Strategic Implications - The transaction will help the company to quickly recover funds, alleviate financial pressure, and allow for continued investment in strategic growth areas [1][1][1] - The company intends to use the proceeds from the sale to temporarily replenish working capital and support ongoing strategic initiatives [1][1]

Transaction Overview - Shenzhen Derun Electronics Co., Ltd. plans to transfer its 18% stake in Liuzhou Shuangfei Automotive Electrical Parts Manufacturing Co., Ltd. to Tianjin Tongli for a consideration of 135 million yuan [1] - The transaction was approved by the company's board with a unanimous vote and does not require shareholder approval [1][2] - After the transaction, the company will no longer hold any equity in Liuzhou Shuangfei [1] Counterparty Information - Tianjin Tongli is a limited partnership established on December 16, 2022, with a registered capital of 1.01 million yuan, which is expected to be increased to 139.16 million yuan [2][3] - The managing partner is Yuanzhi Private Fund Management (Shanghai) Co., Ltd., which has managed assets exceeding 2 billion yuan [3] Financial Performance of Liuzhou Shuangfei - As of June 30, 2025, Liuzhou Shuangfei reported total assets of approximately 1.81 billion yuan and total liabilities of about 964.64 million yuan [6][8] - The company experienced a significant loss of approximately 61.12 million yuan in the first half of 2025, compared to a profit of 23.15 million yuan for the entire year of 2024 [8] Rationale for the Transaction - The decision to divest the stake is part of the company's strategic planning and operational development needs, aiming to focus on its core business of high-speed transmission connectors [9][12] - The automotive wiring harness industry has faced intense competition, and Liuzhou Shuangfei has encountered operational challenges, including customer order fluctuations and pricing pressures [7][9] Impact of the Transaction - The transaction is expected to optimize the company's business structure and resource allocation, enhancing its core competitiveness [12] - The funds from the sale will be used to alleviate financial pressure and support ongoing strategic investments [12]

证券代码：002055 证券简称：得润电子 公告编号：2025-070 深圳市得润电子股份有限公司 第八届董事会第十八次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、误导性 陈述或者重大遗漏。 一、董事会会议召开情况 （一）会议审议通过了《关于转让参股公司少数股权的议案》。 具体内容详见信息披露网站（www.cninfo.com.cn）和《证券时报》、《上海证券报》上的公司《关 于转让参股公司少数股权的公告》。 表决结果：7 票同意，0 票反对，0 票弃权。 三、备查文件 1．公司第八届董事会第十八次会议决议。 特此公告。 深圳市得润电子股份有限公司董事会 二〇二五年九月二日 1 深圳市得润电子股份有限公司（以下简称"公司"）第八届董事会第十八次会议于 2025 年 8 月 27 日以邮件和书面方式发出，2025 年 9 月 2 日在公司会议室以现场及通讯表决方式召开（其中董事 刘标先生、陈骏德先生 2 人以通讯表决方式出席会议）。应出席会议的董事七人，实际出席会议的董 事七人。会议由董事长邱扬先生主持，公司监事、高级管理人员列席了会议。会议的召集、召开符 合《公司法》 ...

证券代码：002055 证券简称：得润电子 公告编号：2025-071 深圳市得润电子股份有限公司 关于转让参股公司少数股权的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，不存在虚假记载、误导 性陈述或重大遗漏。 深圳市得润电子股份有限公司（以下简称"公司"）于 2025 年 9 月 2 日召开的第八届董事会第 十八次会议审议通过了《关于转让参股公司少数股权的议案》，现将具体情况公告如下： 一、交易概述 因战略规划与经营发展需要，公司拟将所持有的参股公司柳州市双飞汽车电器配件制造有限公 司（以下简称"柳州双飞"）18%股权转让给天津同历并赢十六号股权投资基金合伙企业（有限合 伙）（以下简称"天津同历"），转让价款为 13,500 万元；柳州双飞其他股东同意放弃本次转让优 先认购权。本次交易完成后，公司将不再持有柳州双飞股权。 天津同历与公司不存在关联关系，本次交易不构成关联交易，也不构成《上市公司重大资产重 组管理办法》规定的重大资产重组情况。 公司于 2025 年 9 月 2 日召开的第八届董事会第十八次会议以同意 7 票、弃权 0 票、反对 0 票的 表决结果审议通过了《关于转让参股公司 ...