Core Viewpoint - Wanliyang's heavy-duty truck transmission business includes MT, AMT, hybrid systems, and pure electric drive systems, with performance comparable to international mainstream manufacturers and cost advantages [1] Group 1: Business Performance - The company has successfully expanded its customer base and continues to enhance brand recognition [1] - Supporting vehicle models are gradually entering mass production, indicating potential for sustained growth in production and sales in the future [1] Group 2: Robotics Subsidiary - The company's robotics subsidiary has established a production line for precision transmission products, with equipment expected to be in place and operational by March 2026 [1] - By May 2026, the subsidiary aims to achieve mass production, currently developing harmonic reducers, planetary reducers, and joint module products for multiple clients [1]

证券代码：002434 证券简称：万里扬 浙江万里扬股份有限公司投资者关系活动记录表 编号：2025-010 | 投资者关系活动 | ■特定对象调研 □分析师会议 | | --- | --- | | 类别 | □媒体采访 □业绩说明会 | | | □新闻发布会 □路演活动 | | | □现场参观 | | | □其他 （请文字说明其他活动内容） | | 参与单位名称及 | 华鑫证券、民生证券、长江证券 | | 人员姓名 | | | 时间 2025 | 年 12 月 4 日 | | 地点 | 公司金华基地 | | 上市公司接待人 | 财务总监、董事会秘书 张雷刚 | | 员姓名 | 万里扬机器人科技公司总经理 郭恩有 | | | 1、介绍公司经营情况 | | | 答：公司业务包括汽车零部件业务和新型储能业务。 | | | 汽车零部件业务主要为汽车传动系统产品的研发、生产和销售，产品覆盖 | | | 乘用车市场、商用车市场、新能源汽车市场。同时，公司着力发展非公路传动 | | | 系统产品，包括工程机械电驱动系统、大马力拖拉机CVT、中大马力拖拉机动 | | 投资者关系活动 | 力换挡/换向系统以及机器人电机、谐波 ...

证券代码：002434 证券简称：万里扬 公告编号：2025-057 浙江万里扬股份有限公司 关于控股股东股份质押及解除质押的公告 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。 浙江万里扬股份有限公司（以下简称"公司"）收到公司控股股东万里扬集 团有限公司（以下简称"万里扬集团"）关于其所持有的公司部分股份在中国证 券登记结算有限责任公司办理了股份质押以及解除质押登记手续的通知，具体情 况如下： 一、股东股份质押基本情况 质押股份不存在负担重大资产重组等业绩补偿义务。 二、股东股份解除质押基本情况 1.股东本次解除质押情况 | | 是否为控股 股东或第一 | 本次解除质 | 占其所 | 占公司 | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 股东名称 | | 押股份数量 | 持股份 | 总股本 | 起始日 | 解除日期 | 质权人 | | | 大股东及其 | | | | | | | | | | （股） | 比例 | 比例 | | | | | | 一致行动人 | | | | | | | | ...

Core Viewpoint - The company is actively developing and manufacturing products for two robot system clients, focusing on industrialization capabilities for various components, including planetary gear reducers and harmonic reducers [2]. Group 1: Company Developments - The company has been involved in the acquisition of Chery's transmission for nine years, successfully supporting Chery's traditional transmission systems and generating significant profits [2]. - The company is collaborating with Yushu Robotics and has signed a supply agreement, indicating a strategic partnership in the robotics sector [2]. Group 2: Product Development - The company is currently developing 11 products for two robot system clients, which include individual components such as planetary reducers, harmonic reducers, and joint modules [2]. - There is a strong emphasis on expanding the business of robot joint modules, with efforts to attract additional robot system clients [2].

证券日报网讯12月3日，万里扬（002434）在互动平台回答投资者提问时表示，公司成立了机器人科技 公司，并组建了专业的研发、工艺、制造等团队，负责包括人形机器人在内的机器人关节模组产品的研 发、生产和销售工作。同时，根据业务发展需求，不断培养、引进相关专业人才，有效保障和满足机器 人关节模组产品业务的发展需求。 ...

Core Viewpoint - Wanliyang (002434) is actively developing and manufacturing 11 products for two robot system customers, focusing on planetary gear reducers, harmonic reducers, and joint modules [1] Group 1: Product Development - The company is engaged in the development and manufacturing of products including planetary reducers, harmonic reducers, and joint modules [1] - There is a strong emphasis on building industrial manufacturing capabilities for these products [1] Group 2: Market Expansion - The company is aggressively exploring opportunities with other robot system customers to enhance its joint module business [1] - Efforts are being made to continuously grow and strengthen the company's robot joint module business [1]

证券日报网讯 12月3日，万里扬在互动平台回答投资者提问时表示，截至2025年11月28日，公司股东人 数为39326户。 （文章来源：证券日报） ...

Core Viewpoint - Wanliyang's stock has shown significant performance with a year-to-date increase of 46.07%, reflecting strong market interest and potential growth in the automotive parts sector [1][2]. Financial Performance - For the period from January to September 2025, Wanliyang reported a revenue of 4.201 billion yuan, a decrease of 2.14% year-on-year, while the net profit attributable to shareholders increased by 32.58% to 341 million yuan [2]. - Cumulative cash dividends since the A-share listing amount to 2.079 billion yuan, with 525 million yuan distributed over the last three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders increased to 43,300, up by 10.14%, while the average circulating shares per person decreased by 9.21% to 30,284 shares [2]. - Hong Kong Central Clearing Limited is the eighth largest circulating shareholder, holding 21.4289 million shares, an increase of 2.4749 million shares from the previous period [3]. Market Activity - On December 1, Wanliyang's stock price rose by 2.06% to 8.91 yuan per share, with a trading volume of 47.1177 million yuan and a turnover rate of 0.41% [1]. - The stock experienced a net inflow of 7.8347 million yuan from main funds, with significant buying activity from large orders [1]. Business Overview - Wanliyang, established on October 22, 2003, and listed on June 18, 2010, specializes in the research, production, and sales of automotive transmissions and other auto parts [1]. - The company's main revenue sources include automotive transmissions and components (89.64%), other businesses (5.33%), energy storage and power trading (4.53%), and financing leasing (0.50%) [1]. Industry Classification - Wanliyang is classified under the automotive industry, specifically in the automotive parts sector, focusing on chassis and engine systems [1]. - The company is associated with various concept sectors, including automotive parts, reducers, humanoid robots, Chery Automobile concepts, and robotics concepts [1].

Core Viewpoint - The company is actively developing products such as robotic motors, harmonic reducers, and planetary reducers, focusing on joint modules and their applications in the market [1] Group 1 - The company is emphasizing the development of single products and combinations of joint modules [1] - There is a strong push to quickly develop a series of standardized products [1] - The company is working to connect with mainstream machine customers to expedite the realization of supporting applications [1]

Core Viewpoint - The company is actively developing products such as robotic motors, harmonic reducers, and planetary reducers, focusing on joint modules and their combinations [1] Group 1 - The company is emphasizing the rapid development of a series of standardized products [1] - The company is working to connect with mainstream machine customers in the market [1] - The goal is to promote the timely realization of supporting applications [1]