中山大洋电机股份有限公司 证券代码：002249 证券简称： 大洋电机 公告编号： 2025-105 中山大洋电机股份有限公司 关于回购公司股份实施结果暨股份变动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 中山大洋电机股份有限公司（以下简称"公司"）于 2024 年 11 月 11 日召开第六 届董事会第二十四次会议，审议通过了《关于回购公司股份方案的议案》，同意公司使 用自有资金及股票回购专项贷款资金通过二级市场以集中竞价交易方式回购公司部分 社会公众股份，用于后续员工持股计划或股权激励计划。本次回购的资金总额不低于人 民币 12,000 万元且不超过人民币 20,000 万元，回购价格不超过人民币 7 元/股。回购期 限为自公司董事会审议通过回购方案之日起 12 个月内。具体内容详见公司分别于 2024 年 11 月 13 日和 2024 年 11 月 19 日在《中国证券报》《证券时报》《证券日报》《上 海证券报》及巨潮资讯网（www.cninfo.com.cn）上刊载的《关于回购公司股份方案暨取 得专项贷款支持的公告》（公告编号：2024- ...

Group 1 - The company, Dayang Electric (SZ 002249), announced a share buyback plan, completing the repurchase of approximately 16.08 million shares, which accounts for 0.66% of its total share capital, with a total transaction amount of about 130 million yuan [1][1][1] - The highest transaction price during the buyback was 13.09 yuan per share, while the lowest was 5.27 yuan per share [1][1][1] - As of the report, Dayang Electric's market capitalization stands at 32.3 billion yuan [1][1][1] Group 2 - For the first half of 2025, Dayang Electric's revenue composition is as follows: 60.99% from the construction and home furnishing industry, 38.18% from the automotive parts industry, 0.8% from other businesses, and 0.03% from car leasing [1][1][1]

Core Viewpoint - The company has successfully completed its share repurchase plan, having repurchased a total of 16.08 million shares, which represents 0.66% of its total share capital, with a total transaction amount of 130 million yuan (excluding transaction fees) [1] Summary by Relevant Sections - **Share Repurchase Details** - The company repurchased 16.08 million shares through a dedicated repurchase account via centralized bidding [1] - The total amount spent on the repurchase reached the lower limit of the planned repurchase amount and did not exceed the upper limit [1] - The repurchase price was within the limits set by the repurchase plan [1] - **Completion of the Repurchase Plan** - The share repurchase plan has been fully implemented as of October 27, 2025 [1]

Core Viewpoint - The company reported a decline in third-quarter revenue but an increase in net profit, indicating a mixed performance in the latest financial results [1] Financial Performance - Third-quarter revenue was 2.939 billion yuan, a year-on-year decrease of 3.52% [1] - Third-quarter net profit was 243 million yuan, a year-on-year increase of 8.95% [1] - Revenue for the first three quarters was 9.18 billion yuan, a year-on-year increase of 3.81% [1] - Net profit for the first three quarters was 845 million yuan, a year-on-year increase of 25.95% [1]

Financial Performance - The company's operating revenue for Q3 2025 was CNY 2,939,298,406.82, a decrease of 3.52% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2025 was CNY 242,862,157.89, an increase of 8.95% year-on-year[5] - The net profit after deducting non-recurring gains and losses was CNY 237,805,585.30, up 11.59% from the previous year[5] - The company achieved a net profit of CNY 844,587,877.83 for the year-to-date, representing a 25.95% increase year-on-year[5] - Total operating revenue for the current period reached ¥9,180,387,318.31, an increase of 3.81% compared to ¥8,843,854,607.93 in the previous period[29] - Operating profit for the current period was ¥1,091,159,284.95, up from ¥830,880,510.65, reflecting a growth of 31.4%[29] - Net profit attributable to shareholders of the parent company was ¥844,587,877.83, compared to ¥670,591,159.04 in the previous period, marking a 25.9% increase[29] - The total comprehensive income for the period amounted to CNY 870,003,686.19, an increase from CNY 656,687,009.00 in the previous period, representing a growth of approximately 32.4%[30] - Basic and diluted earnings per share increased to CNY 0.35 from CNY 0.28, reflecting a growth of 25%[30] Assets and Liabilities - The total assets at the end of the reporting period were CNY 18,272,942,070.13, reflecting a 1.85% increase from the end of the previous year[5] - Total assets increased to ¥18,272,942,070.13 from ¥17,941,361,026.95, representing a growth of 1.84%[28] - Total liabilities decreased to ¥8,261,411,303.90 from ¥8,517,282,315.69, a reduction of 3.01%[28] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 910,290,137.24, a decrease of 32.76% compared to the previous year[5] - Net cash flow from operating activities was CNY 910,290,137.24, down from CNY 1,353,744,221.30, indicating a decrease of about 32.7%[33] - Cash inflow from operating activities totaled CNY 9,755,217,610.91, compared to CNY 9,610,081,609.43 in the previous period, showing a slight increase of 1.5%[32] - Cash outflow from investing activities was CNY 1,976,535,859.88, significantly higher than CNY 628,507,708.81 in the previous period, indicating an increase of approximately 214.5%[33] - The net cash flow from investing activities was negative at CNY -1,571,773,691.40, compared to a positive CNY 895,482,501.51 in the previous period[33] - The total cash inflow from financing activities was CNY 272,479,830.86, down from CNY 519,911,632.18, indicating a decrease of about 47.6%[33] Shareholder Information - The total number of common shareholders at the end of the reporting period was 199,326, with the largest shareholder holding 25.12%[17] - The largest shareholder, Lu Chuping, holds 613,591,916 shares, with 460,193,937 shares pledged[17] - The company distributed a cash dividend of 1.0 RMB per 10 shares (including tax) to all shareholders as part of the 2025 semi-annual profit distribution plan[18] - The company repurchased 11,171,000 shares, accounting for 0.46% of the total share capital, with a total transaction amount of 68,328,321 RMB[19] Incentive Plans - The stock option incentive plan aims to grant 15.6 million stock options at an exercise price of 6.12 RMB per share to 715 individuals, including middle management and key personnel[20] - The stock appreciation rights incentive plan intends to grant 8.8 million rights at the same exercise price to 501 individuals, including core management personnel[20] - The employee stock ownership plan allows up to 910,000 shares to be purchased at 4.08 RMB per share by up to 73 key personnel[22] - The company plans to cancel 201,600 stock options from the 2020 stock option incentive plan that were not exercised[21] - The company confirmed that 839 individuals met the conditions to exercise 11,111,640 stock options from the 2022 stock option incentive plan[21] Investments and Financial Changes - The company reported a significant increase in accounts receivable by 56.14%, reaching CNY 91,722.48 million due to increased bank acceptance bills received from product sales[9] - The company’s investment in other equity instruments increased by 156.47% to CNY 18,440.18 million, primarily due to increased investment in Meikamande Robotics[9] - Investment income rose by 75.91% to ¥14,004.57 million, attributed to higher returns from debt investments during the holding period[13] - Fair value changes in income surged by 14,484.81% to ¥9,659.40 million, driven by increased fair value gains from non-current financial assets[13] - Credit impairment losses decreased by 773.62% to ¥2,785.84 million, mainly due to a reduction in bad debt provisions[13] Tax and Financial Expenses - The company's tax and additional fees increased by 33.83% to ¥5,373.46 million compared to the same period last year, primarily due to higher urban construction tax and property tax[13] - Financial expenses decreased by 137.77% to -¥9,832.23 million, mainly due to increased exchange gains from the depreciation of the RMB[13] Future Plans - The company has submitted an application for H-share listing on the Hong Kong Stock Exchange to enhance its global strategy and improve overseas financing capabilities[23] - The company will continue to disclose information regarding the H-share issuance and listing process as it progresses, highlighting potential investment risks[24]

Market Overview - The electric motor sector increased by 1.16% compared to the previous trading day, with Fangzheng Electric leading the gains [1] - The Shanghai Composite Index closed at 3988.22, down 0.22%, while the Shenzhen Component Index closed at 13430.1, down 0.44% [1] Stock Performance - Fangzheng Electric (002196) closed at 9.92, up 9.98% with a trading volume of 349,300 shares and a transaction value of 345 million yuan [1] - Xiangdian Co. (600416) rose by 2.53% to 14.98, with a trading volume of 322,300 shares [1] - Other notable performers include Benrui Co. (300626) up 2.12% to 13.00 and Wolong Electric (600580) up 1.97% to 50.27 [1] Capital Flow - The electric motor sector experienced a net outflow of 440 million yuan from institutional investors, while retail investors saw a net inflow of 256 million yuan [2] - The sector's overall capital flow indicates a mixed sentiment, with retail investors showing interest despite institutional selling [2] Individual Stock Capital Flow - Fangzheng Electric had a net inflow of 107 million yuan from institutional investors, while retail investors showed a net outflow of approximately 5 million yuan [3] - Xiangdian Co. saw a net inflow of 72.63 million yuan from institutional investors, with retail investors also experiencing a net outflow [3] - Jiangsu Leili (300660) had a net inflow of 38.87 million yuan from retail investors, indicating some interest from this segment [3]

Group 1 - The robotics sector experienced significant fluctuations, with notable gains in several companies [1] - Nanjing Julong saw an increase of over 12% [1] - Yongmaotai previously hit the daily limit up, while Qingdao Double Star achieved three consecutive trading limits [1] Group 2 - Other companies such as Dayang Electric, Sanhua Intelligent Control, and Xinhang New Materials also showed upward trends [1]

Group 1 - The core viewpoint of the articles highlights the rapid growth of the electric vehicle (EV) market in China, with significant increases in production and sales of new energy vehicles (NEVs) and key components like drive motors [1][2][3] - In the first nine months of 2025, China's automobile production and sales reached 24.33 million and 24.36 million units, respectively, marking year-on-year growth of 13.3% and 12.9% [1] - NEV production and sales were 11.24 million and 11.22 million units, with year-on-year growth of 35.2% and 34.9%, accounting for 46.1% of total new car sales [1] Group 2 - The demand for drive motors is rising alongside the increasing penetration of NEVs, with companies like Jingjin Electric reporting a 76.75% increase in revenue and a 112.62% increase in net profit in the first half of 2025 [2] - Suzhou Huichuan United Power Systems Co., Ltd. (referred to as "United Power") listed on the Shenzhen Stock Exchange, with a first-day stock price surge of 147.6%, achieving a market value exceeding 80 billion yuan [2] - United Power's electric drive system sales grew significantly over the past four years, with a compound annual growth rate of approximately 87.8% [2] Group 3 - Dayang Motor has submitted an application for an H-share listing in Hong Kong, aiming to enhance its capital platform and expand its business in the NEV sector, with revenues projected to increase from 10.93 billion yuan in 2022 to 12.11 billion yuan in 2024 [3] - Shuanglin Co., a supplier of automotive transmission components, has also initiated an IPO process in Hong Kong, with a projected fivefold increase in net profit by 2024 [3] - The rapid technological iteration in the NEV industry necessitates substantial funding, making public listings a critical path for third-party drive motor companies to secure financial support [3] Group 4 - Industry experts predict that by 2030, the number of NEVs in China could reach approximately 150 million, with a market share nearing 70% [4] - The competitive landscape is shifting as third-party drive motor companies invest in expansion, with new production bases being established to meet growing demand [5][6] - Companies like Zhongchuang Zhiling are investing heavily in R&D and production facilities for NEV components, with projected investments of around 5 billion yuan [6] Group 5 - The competition among domestic motor companies has evolved from merely increasing production capacity to a comprehensive contest involving technology and integration capabilities [7] - The industry is focusing on enhancing power density, efficiency, and thermal management, with trends indicating a shift towards higher voltage systems [7][8] - Companies are exploring new markets such as robotics, with firms like Fangzheng Electric developing products for robotic joints and motors [8][9] Group 6 - The drive motor market is becoming increasingly competitive, with companies needing to balance performance, cost, and quality to maintain an edge [11][12] - The integration of electric motors into vehicle chassis is expected to transform control systems, emphasizing the need for deep collaboration between electric drive systems and vehicle dynamics [11] - The future of drive motors may see a shift towards standardization, with quality management becoming a critical differentiator in a crowded market [12][13]

Group 1 - Songyan Power recently completed nearly 300 million yuan in Pre-B round financing, led by Fangguo Capital, with participation from various institutions including Xiangfeng Investment and CCTV Media Fund [1] - The humanoid robot sector saw significant stock price increases from October 20 to October 24, with Dayang Electric rising by 29.09%, and several other companies like Jinfeng Technology and Zhuhai Guanyu also experiencing over 20% gains [1][2] Group 2 - Songyan Power's N2 robot won second place in the world's first humanoid robot half marathon held in Beijing in April, leading to accelerated commercialization and over 2,500 orders for the N2 robot [4] - On October 22, Songyan Power launched its first small humanoid robot, "Bumi Xiaobumi," priced under 10,000 yuan, which received over 300 online orders within a day of its launch [4] - The company is preparing for future product deliveries by establishing a sizable production line in the Yangtze River Delta and focusing on cost reduction through the use of composite materials and in-house development of key components [4] - The founder of Songyan Power anticipates that price reductions in humanoid robots will become a trend, particularly for applications in entertainment and education, which will expand the consumer market and reduce supply chain costs [4][5]

Group 1 - The core viewpoint of the news is that the electric motor sector experienced a significant increase, with a rise of 2.18% on the trading day, led by Dayang Electric [1] - The Shanghai Composite Index closed at 3950.31, up by 0.71%, while the Shenzhen Component Index closed at 13289.18, up by 2.02% [1] Group 2 - In terms of capital flow, the electric motor sector saw a net inflow of 463 million yuan from main funds, while retail investors experienced a net outflow of 121 million yuan [2] - The overall capital flow in the electric motor sector indicates a mixed sentiment, with main funds showing interest while retail and speculative funds withdrew [2]