浙江银轮机械股份有限公司 内幕信息及知情人管理制度（修订稿） 第一章 总则 第一条 为规范浙江银轮机械股份有限公司（以下简称"公司"）的内幕信息管理， 加强内幕信息保密工作，以维护信息披露的公平原则，根据《中华人民共和国公司法》 （以下简称《公司法》）《中华人民共和国证券法》（以下简称《证券法》）《上市公 司信息披露管理办法》（以下简称《信息披露管理办法》）《上市公司监管指引第5号- 上市公司内幕信息知情人登记管理制度》（以下简称《内幕知情人登记管理制度》）《深 圳证券交易所股票上市规则》（以下简称《上市规则》）《深圳证券交易所上市公司自 律监管指引第5号—信息披露事务管理》等有关法律法规、监管规范性文件和《浙江银 轮机械股份有限公司章程》（以下简称《公司章程》）等有关规定，制定本制度。 第二条 本制度适用于公司内幕信息及其知情人的管理事宜。本制度未尽事宜，适 用《公司信息披露管理办法》及相关法律法规的相关规定。 第三条 公司内幕信息知情人应知悉《公司法》《证券法》等法律法规关于内幕交 易、操纵市场等禁止行为的规定，严守保密义务，不得进行违法违规的交易。 第二章 内幕信息及其知情人的范围 第四条 本制度所指内 ...

浙江银轮机械股份有限公司 董事会审计委员会议事规则（修订稿） 第一章 总 则 第一条 为强化和规范浙江银轮机械股份有限公司（以下简称：公司）董事会决策 功能，做到事前审计、专业审计，确保董事会对经理层的有效监督，完善公司法人治理 结构，根据《中华人民共和国公司法》（以下简称《公司法》）《上市公司独立董事管理 办法》《上市公司治理准则》《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》（以下简称《规范运作》）及《浙江银轮机械股份有限公司章程》（以 下简称《公司章程》）等相关法律法规及规范性文件的有关规定，特制定本议事规则。 第二条 审计委员会是董事会根据《公司章程》的规定设立的专门工作机构，主要 负责公司内、外部审计的沟通、监督和核查工作。 第二章 人员组成 第三条 审计委员会成员3名，由不在公司担任高级管理人员的董事组成。其中独立 董事2名，其中至少应有一名独立董事是会计专业人士，公司董事会成员中的职工代表 可以成为审计委员会委员。 审计委员会成员应当勤勉尽责，切实有效地监督、评估公司内外部审计工作，促进 公司建立有效的内部控制并提供真实、准确、完整的财务报告。 审计委员会成员应当具备 ...

银轮股份公告，公司于2025年11月27日召开董事会，审议通过了《关于购买深圳市深蓝电子股份有限公 司股份及增资暨对外投资的议案》。公司拟以自有资金约1.33亿元，通过股权收购及增资方式持有深蓝 股份55%以上股权，成为其控股股东。本次收购旨在整合控制器、驱动器集成电路硬件及其相关嵌入式 系统软件等产品的底层技术，提升公司数字能源系统模块的核心竞争力。深蓝股份2024年12月31日资产 总额1.09亿元，负债总额1326.78万元，净资产9587.11万元；2024年度营业收入7152.18万元，净利润 1776.25万元。 ...

| 证券代码：002126 | 证券简称：银轮股份 | 公告编号：2025-089 | | --- | --- | --- | | 债券代码：127037 | 债券简称：银轮转债 | | 浙江银轮机械股份有限公司 关于购买深圳市深蓝电子股份有限公司股份及增资 根据《深圳证券交易所股票上市规则》《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》及《公司章程》等相关规定，本次对外投资事项在董事 会的审批权限内。 本次对外投资不构成关联交易，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。 | 序号 | 股东名称 | 证件号码 | 序号 | 股东名称 | 证件号码 | | --- | --- | --- | --- | --- | --- | | 1 | 洪旭璇 | 445202********244X | 11 | 徐小丽 | 450502********0482 | 二、交易对手方介绍 | 2 | 黄秀萍 | 445122********3726 | 12 | 龙文芳 | 50022********3985 | | --- | --- | --- | --- | --- | - ...

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。 浙江银轮机械股份有限公司第九届董事会第三十一次会议通知于 2025 年 11 月 21 日以邮件和专人送达等方式发出，会议于 2025 年 11 月 27 日以现场与视频相结合方式 召开，本次会议应参加会议董事 9 名，实际出席会议董事 9 名。本次董事会召开符合《中 华人民共和国公司法》和《公司章程》的规定，会议合法有效。 | 证券代码：002126 | 证券简称：银轮股份 | 公告编号：2025-088 | | --- | --- | --- | | 债券代码：127037 | 债券简称：银轮转债 | | 浙江银轮机械股份有限公司 第九届董事会第三十一次会议决议公告 表决结果：同意 9 票、弃权 0 票、反对 0 票，同意票数占全体董事的 100%。 《关于修订公司部分管理制度的公告》于同日刊登在《证券时报》《上海证券报》 及巨潮资讯网（http:// www.cninfo. com.cn）。相关制度于同日刊登在巨潮资讯网（http:// www.cninfo. com.cn）。 特此公告 浙江银轮机械股份有 ...

Core Viewpoint - Silver Wheel Co., Ltd. has shown significant stock performance with an 83.81% increase year-to-date, despite recent fluctuations in the market [1][2]. Financial Performance - For the period from January to September 2025, Silver Wheel achieved a revenue of 11.057 billion yuan, representing a year-on-year growth of 20.12% [2]. - The net profit attributable to shareholders for the same period was 672 million yuan, reflecting an 11.18% increase compared to the previous year [2]. Stock Market Activity - As of November 26, the stock price of Silver Wheel was 34.19 yuan per share, with a market capitalization of 28.844 billion yuan [1]. - The stock has experienced a recent net inflow of 15.043 million yuan from major funds, indicating positive investor sentiment [1]. Shareholder Information - As of September 30, the number of shareholders decreased by 22.82% to 43,900, while the average circulating shares per person increased by 30.95% to 18,067 shares [2][3]. - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 19.1337 million shares, an increase of 8.9693 million shares from the previous period [3]. Business Overview - Silver Wheel specializes in the research, production, and sales of heat exchangers and thermal management products, with heat exchangers accounting for 88.73% of its main business revenue [1]. - The company is categorized under the automotive industry, specifically in the automotive parts sector, focusing on chassis and engine systems [1].

Key Insights - The report highlights the strong growth potential of companies in the automotive sector, particularly those with established brands and innovative technologies [3][4][5] - The focus on electric vehicles and smart technologies is driving significant changes in the industry, with companies like BYD, Geely, and XPeng being recommended for investment [3][4][5] Company Updates - **Uxin**: The profitability of new stores is increasing faster than expected due to brand establishment, which enhances profit elasticity in a favorable market [3][4] - **SAIC Motor**: Future prospects hinge on Huawei's involvement, with adjustments in new car launches expected to create opportunities [3][4] - **Tuhu**: Anticipated stable earnings in Q4 2025, with potential for growth in the aftermarket sector [4] - **Hengbo Co., Ltd.**: Strong positioning in the robotics sector with high technical added value and a comprehensive supply chain [5] - **Double Ring Transmission**: Direct collaboration with Tesla on reducers, with significant growth expected in traditional and new energy sectors [5] - **Great Wall Motors**: Plans to launch multiple new models and power versions in 2026, with expected sales growth [8] - **XPeng Motors**: Anticipated improvement in sales structure and gross margins, with new technologies aiding in profitability [8][9] - **Leap Motor**: Expected to exceed 1 million units in sales by 2026, with stable gross margins despite industry challenges [9] Industry Trends - The automotive industry is witnessing a shift towards electric and smart vehicles, with companies focusing on innovation and brand strength to capture market share [3][4][5] - The integration of advanced technologies and partnerships with tech firms like Huawei is becoming crucial for automotive companies to enhance their product offerings and market positioning [3][4][5]

Market Overview - The automotive industry index increased by 14.79% as of November 21, 2025, outperforming the Shanghai Composite Index and CSI 300 Index by 0.38 percentage points and 1.61 percentage points respectively [11][12] - The automotive sector's performance was strong in the first half of 2025 but became more aligned with the broader market in the second half [11][12] - The majority of sub-sectors showed positive growth, with motorcycles and other segments leading the gains [17][18] Financial Performance - The automotive industry achieved a revenue of CNY 36,976.27 billion in 2024, a year-on-year increase of 3.35%, and a net profit of CNY 1,363.61 billion, up 9.98% [30] - In the first three quarters of 2025, the industry reported revenues of CNY 28,712.84 billion, reflecting a 10.73% year-on-year growth, and a net profit of CNY 1,165.36 billion, up 10.72% [30][31] - The industry’s gross margin was 15.83% in the first three quarters of 2025, a slight decline from the previous year, while the net margin improved to 4.29% [33] Passenger Vehicle Segment - The passenger vehicle market is expected to reach record sales in 2025, driven by policy support and increased penetration of new energy vehicles (NEVs) [43] - NEV retail sales reached 10.15 million units from January to October 2025, a year-on-year increase of 21.9%, with a market share of 52.73% [45][50] - The market structure is shifting towards domestic brands, which captured nearly 70% of the market share by September 2025, while foreign brands are losing ground [50][51] Commercial Vehicle Segment - The commercial vehicle market showed signs of recovery in 2025, with production and sales increasing by nearly 10% year-on-year in the first three quarters [5] - The growth in the commercial vehicle sector is driven by policies promoting vehicle replacements and the rising sales of new energy commercial vehicles [5][6] Automotive Parts Sector - The national strategy emphasizes "intelligent and connected" technologies as the main axis for upgrading the automotive industry [5] - The penetration of advanced driver-assistance systems (ADAS) is expected to drive market expansion and domestic substitution in core hardware [5][6] Investment Recommendations - The report maintains a "stronger than market" rating for the automotive sector, recommending key companies in the passenger vehicle segment such as BYD, Changan Automobile, and Great Wall Motors [6] - In the commercial vehicle segment, Yutong Bus is recommended, along with a focus on China National Heavy Duty Truck [6] - For the automotive parts sector, companies like Feilong Co., Top Group, and Desay SV are highlighted as potential investment opportunities [6]

银轮股份（002126.SZ）11月24日在投资者互动平台表示，您好，公司目前与国内国际部分机器人头部 客户有业务合作，具体经营数据请留意公司定期报告，谢谢！！ （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：请问公司通过北美机器人头部公司的验厂吗？预计会 成为定点企业吗？目前公司有关机器人零部件有多少金额的收入？ ...

Core Insights - The automotive EGR (Exhaust Gas Recirculation) system is recognized as an effective method to reduce nitrogen oxide emissions, gaining rapid adoption in China due to economic benefits and stringent emission regulations [1][3] - The implementation of the National VI emission standard 6b phase starting July 1, 2023, has led to increased demand for automotive EGR systems as pollution control requirements become more stringent [1][7] - The market size for China's automotive EGR system industry is projected to reach 1.772 billion yuan in 2024 and grow to 5.176 billion yuan by 2030 [1][8] Industry Overview - The automotive EGR system works by recirculating a portion of the engine's exhaust back into the intake, which helps lower combustion temperatures and reduce nitrogen oxide emissions [3][4] - There are two main types of EGR systems: internal EGR, which is simpler but less effective, and external EGR, which allows for better control of exhaust parameters [3][4] Industry Chain - The automotive EGR system industry consists of an upstream segment that includes processing parts, electronic components, and plastic parts; a midstream segment focused on EGR systems; and a downstream segment involving automotive and engine manufacturing [5][6] Market Trends - The demand for automotive EGR systems is expected to rise due to increasing vehicle ownership in China, projected to reach 353 million by 2024, alongside growing environmental concerns [7] - The market for light-duty and heavy-duty EGR systems is experiencing a decline due to previous demand surges, but is expected to recover as economic conditions improve [8] - The hybrid passenger vehicle segment is anticipated to see significant growth in EGR system demand, with projections indicating a market size of 4.076 billion yuan by 2030 [9] Competitive Landscape - Domestic companies such as Wuxi Longsheng Technology Co., Ltd. and Zhejiang Yinlun Machinery Co., Ltd. are emerging as key players in the EGR system market, leveraging technological advancements and market experience [10][11] - The industry is witnessing increased competition from both domestic and foreign companies, with a focus on R&D and product performance improvements to meet stricter emission standards [10][11] Future Development Trends - The automotive EGR system industry is expected to evolve towards greater intelligence and precision control, utilizing AI and big data for optimal performance [12] - Lightweight materials and structural innovations are key trends aimed at enhancing fuel efficiency and reducing emissions [13] - Chinese companies are poised to accelerate their international expansion, capitalizing on their cost advantages and improving product competitiveness in the global market [14]