证券日报网讯 12月10日晚间，天润工业发布公告称，公司于2025年12月9日召开职工代表大会，经与会 职工代表投票表决，同意选举马明亮先生为公司第七届董事会职工代表董事。 （文章来源：证券日报） ...

Investment Rating - The report does not explicitly state an investment rating for the automotive suspension industry Core Insights - The automotive suspension industry is undergoing a profound transformation driven by electrification and intelligence, shifting the competitive focus from traditional mechanical hardware to a comprehensive system capability defined by software [4] - The demand for lightweight structural components and high-performance suspensions is increasing due to electrification, while intelligence is pushing the evolution of suspensions from passive adaptation to active prediction [4] - The value distribution across the entire industry chain will be redefined in this technological revolution, with investment opportunities focusing on leading domestic component manufacturers, system integrators with advantages in electric control suspensions, and suppliers providing key enabling technologies for intelligent suspensions [4] Summary by Sections Industry Overview - The automotive suspension system connects the vehicle body to the wheels, playing a crucial role in cushioning road impacts and ensuring good contact between the wheels and the ground [5] - The industry can be categorized into passive, semi-active, and active suspensions based on their working principles and application scenarios [5][6] Industry Characteristics - High-end market core technology barriers are significant, with foreign companies having established a "patent moat" in core suspension technologies [8] - Electrification is driving technological iterations, with new energy vehicles imposing stricter requirements on suspension systems [9] - Intelligent technology is enabling the transition of suspension systems from mechanical passive modes to electronically controlled active modes [10] Development History - The automotive suspension system has evolved from passive systems in the 1930s to semi-active systems in the 1970s, and to active systems gaining traction in the 1990s [11][12][13][14][15] Industry Chain Analysis - The automotive suspension industry chain consists of upstream (core materials and components), midstream (system design and assembly), and downstream (vehicle application and aftermarket services) [16] - The upstream component supply segment is highly concentrated, dominated by international suppliers like ZF and Continental [17][22] - Midstream, system integrators are increasingly investing in R&D to enhance differentiation and supply chain security [18][19] Market Size and Growth - The automotive suspension market size is projected to grow from 67.25 billion RMB in 2019 to 83.42 billion RMB in 2024, with a compound annual growth rate (CAGR) of 4.40% [29] - The market is expected to further expand to 111.45 billion RMB by 2029, with a CAGR of 6.10% [29] Future Trends - The demand for high-performance suspension systems is increasing, with technology being downscaled to mid-range markets [32] - The rise of line-controlled suspension systems is anticipated to support the development of automotive intelligence [33] Competitive Landscape - The competitive landscape is characterized by a "global leaders and Chinese tiered catch-up" scenario, with high market concentration [39] - Chinese manufacturers are rapidly closing the technology gap with international giants, driven by the growth of the new energy vehicle market [43][44]

证券代码：002283 证券简称：天润工业 公告编号：2025-070 天润工业技术股份有限公司 关于选举第七届董事会职工代表董事的公告 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。 特此公告。 天润工业技术股份有限公司 董事会 2025 年 12 月 11 日 附件： 职工代表董事简历 马明亮，男，1976 年 12 月出生，中国国籍，无永久境外居留权， 中共党员，本科学历。曾任公司北京办事处副主任、主任，证券办公室 主任，公司办公室主任，总经理助理兼公司办公室主任，威海天润机械 科技有限公司监事，威海天润智能科技有限公司监事，本公司监事会主 席；现任本公司党委副书记、纪委书记、职工代表董事，威海天润包装 科技有限公司执行董事。 截至本公告日，马明亮先生持有本公司股份 398,000 股，与持有公 司 5%以上股份的股东、实际控制人、公司其他董事、高级管理人员无 关联关系；未受过中国证监会及其他有关部门的处罚和证券交易所纪律 处分；不存在因涉嫌犯罪被司法机关立案侦查或者涉嫌违法违规被中国 证监会立案调查，尚未有明确结论的情形；未曾被中国证监会在证券期 货市 ...

Core Viewpoint - The company has initiated a share repurchase plan to enhance shareholder value and implement employee stock ownership plans, with a total repurchase amount ranging from RMB 25 million to RMB 50 million [2][5]. Group 1: Share Repurchase Plan - The company approved a share repurchase plan on March 10, 2025, allowing the use of self-owned funds and special loan funds for repurchase, with a maximum price of RMB 9.82 per share [2]. - The repurchase period is set for up to 12 months from the board's approval date [2]. - The repurchase price cap has been adjusted to RMB 9.62 per share after the 2024 annual dividend distribution and further to RMB 9.57 per share after the 2025 semi-annual dividend distribution [3]. Group 2: Progress of Share Repurchase - As of November 28, 2025, the company has repurchased a total of 4,662,000 shares, accounting for 0.4091% of the total share capital, with a total transaction amount of RMB 25,697,038 [4]. - The highest transaction price recorded was RMB 5.87 per share, while the lowest was RMB 5.26 per share [4]. Group 3: Compliance and Future Arrangements - The share repurchase is in compliance with relevant regulations and guidelines [5][6]. - The company will continue to implement the repurchase plan based on market conditions and will fulfill its information disclosure obligations as required by law [6].

证券代码：002283 证券简称：天润工业 公告编号：2025-069 天润工业技术股份有限公司 关于回购公司股份的进展公告 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。 天润工业技术股份有限公司（以下简称"公司"）于 2025 年 3 月 10 日 召开第六届董事会第十七次会议，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以集中竞价交易 方式回购部分公司已发行的人民币普通股（A 股）股票，用于后续实施股 权激励计划或员工持股计划。本次回购资金总额不低于人民币 2,500 万元 （含），且不超过人民币 5,000 万元（含），回购价格不超过人民币 9.82 元/股（含），本次回购期限为自公司董事会审议通过回购股份方案之日起 不超过 12 个月。具体内容详见公司分别于 2025 年 3 月 11 日、2025 年 3 月 18 日在《证券时报》、《中国证券报》、《上海证券报》、《证券日 报》和巨潮资讯网（www.cninfo.com.cn）上披露的《关于回购公司股份方 案暨取得股票回购专项贷款承诺函的公告》（公告编号： ...

Core Insights - The China International Internal Combustion Engine and Power Equipment Expo 2025 showcased Tianrun Industrial's ambition to transition from an "invisible champion" to a "system solution provider" through its "four major clusters" strategy, focusing on traditional strengths and new energy, intelligence, and lightweight sectors [2][3][8] Group 1: Traditional Strengths - Tianrun Industrial, a leader in crankshafts and connecting rods, displayed high-power crankshafts and connecting rods for large power generator sets and marine engines, capitalizing on the booming demand in the global AI computing and shipping markets [3] - The company showcased crankshafts up to 4 meters long, highlighting its advanced forging and machining capabilities, with few domestic manufacturers able to achieve such specifications [3] - Tianrun Industrial's manufacturing prowess is supported by significant investments in technology and high-end precision equipment, ensuring consistent processing accuracy [3] Group 2: New Business Expansion - The company is expanding into lightweight aluminum alloy components through the acquisition of Shandong Rizhao Altai, with clients including major automotive brands like Hyundai and Kia [4] - Tianrun Industrial is also venturing into natural gas engine injection systems, aligning with the trend towards cleaner energy in commercial vehicles [4] - Innovations in connecting rod manufacturing processes, such as the transition from sawing to expansion breaking, have reduced costs and improved product quality [5] Group 3: Strategic Planning - Tianrun Industrial's "four major clusters" strategy includes solidifying its core business while expanding into new areas [6] - Plans to enhance production capacity include the establishment of new production lines for large crankshafts and connecting rods, expected to be operational between late 2025 and early 2027 [6] - The company aims to grow its air suspension business from approximately 300 million yuan to 500 million yuan, positioning it as a key growth driver [6] Group 4: Future Directions - The focus on electric steering systems for commercial vehicles is a strategic move towards smart and electric solutions, with partnerships for development already in place [7] - Tianrun Industrial is actively seeking to diversify its product offerings through acquisitions and in-house innovations, ensuring sustained growth and resilience [7] - The company envisions reaching a sales target of 10 billion yuan, building on its established market position and technological advantages [8]

Group 1 - The company has nominated Yao Chunde as an independent director candidate for the seventh board of directors, and he has agreed to the nomination [1] - The nomination was made after a thorough understanding of the candidate's professional background, education, qualifications, work experience, and any significant dishonesty records [1][34] - The nominee has passed the qualification review by the company's sixth board of directors' nomination committee, and there are no conflicts of interest between the nominator and the nominee [1][34] Group 2 - The company has also nominated Jiang Aili as an independent director candidate for the seventh board of directors, with her agreement to the nomination [35] - Similar to the previous nomination, Jiang Aili's qualifications were assessed, ensuring compliance with relevant laws and regulations [35][68] - The nominee has also passed the qualification review and has no conflicts of interest that could affect her independent performance [35][68] Group 3 - Meng Hong has been nominated as an independent director candidate for the seventh board of directors, and she has accepted the nomination [69] - The nomination process involved a comprehensive evaluation of Meng Hong's qualifications and background, ensuring adherence to legal and regulatory requirements [69][100] - The nominee has been confirmed to have no conflicts of interest and has passed the necessary qualification review [69][100] Group 4 - The sixth board of directors held its twenty-sixth meeting on November 24, 2025, to discuss various matters, including the election of the seventh board of directors [102][103] - The meeting was attended by all nine directors, and the election of non-independent directors was approved unanimously [103][104] - The independent director candidates will be submitted for review by the Shenzhen Stock Exchange before being presented to the shareholders for voting [105][106] Group 5 - The board has proposed a compensation management system for directors and senior management, which will be submitted for shareholder approval [106][107] - The independent directors' annual allowance has been set at 80,000 yuan (before tax), which will also require shareholder approval [108] - The company plans to hold its second extraordinary general meeting of 2025 on December 11, 2025, to discuss these proposals [109]

Group 1 - Tianrun Industrial (SZ 002283) held its 26th meeting of the sixth board of directors on November 24, 2025, to review the proposal for the senior management compensation management system [1] - For the first half of 2025, Tianrun Industrial's revenue composition was 100% from automotive parts [1] - As of the report date, Tianrun Industrial's market capitalization was 6.9 billion yuan [1] Group 2 - Dapeng Industrial's strategic placement resulted in significant gains for insiders, with a subscription price of 9 yuan and a first-day listing price of 118 yuan, leading to a paper profit of 24.92 million yuan for the controlling shareholder and his brother [1]

（文章来源：证券日报） 证券日报网讯 11月24日晚间，天润工业发布公告称，公司于2025年11月24日召开公司第六届董事会第 二十六次会议，会议审议通过了《关于选举第七届董事会非独立董事的议案》《关于选举第七届董事会 独立董事的议案》，公司董事会同意提名邢运波先生、孙海涛先生、徐承飞先生、夏丽君女士、林永涛 先生为公司第七届董事会非独立董事候选人；同意提名孟红女士、姚春德先生、姜爱丽女士为公司第七 届董事会独立董事候选人，三位独立董事候选人均已取得独立董事资格证书，其中孟红女士为会计专业 人士。 ...

√是 □ 否 证券代码：002283 证券简称：天润工业 公告编号：2025-064 天润工业技术股份有限公司 独立董事候选人声明与承诺 声明人姜爱丽作为天润工业技术股份有限公司第七届董事会独立董事候选 人，已充分了解并同意由提名人天润工业技术股份有限公司董事会提名为天润 工业技术股份有限公司（以下简称该公司）第七届董事会独立董事候选人。 现公开声明和保证，本人与该公司之间不存在任何影响本人独立性的关系， 且符合相关法律、行政法规、部门规章、规范性文件和深圳证券交易所业 务规则对独立董事候选人任职资格及独立性的要求，具体声明并承诺如下 事项： 一、本人已经通过天润工业技术股份有限公司第六届董事会提名委员 会或者独立董事专门会议资格审查，提名人与本人不存在利害关系或者其 他可能影响独立履职情形的密切关系。 如否，请详细说明：____________________________ 二、本人不存在《中华人民共和国公司法》第一百七十八条等规定不 得担任公司董事的情形。 √是 □ 否 如否，请详细说明：____________________________ 三、本人符合中国证监会《上市公司独立董事管理办法》和深圳证 ...