Core Points - Zhejiang Shibao (002703) announced the completion of a share reduction plan by Shibao Holdings, which involved the reduction of 16.4526 million A-shares through block trading, accounting for 2% of the company's total share capital [1] Summary by Category - **Company Actions** - Shibao Holdings executed a share reduction plan from September 19, 2025, to November 11, 2025, successfully reducing its stake in Zhejiang Shibao [1] - **Shareholder Impact** - The reduction of 16.4526 million shares represents a significant transaction, impacting the overall shareholding structure of the company [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準 確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而産生 或因倚賴該等內容而引致之任何損失承擔任何責任。 Zhejiang Shibao Company Limited* 浙江世寶股份有限公司 （於中華人民共和國註冊成立的股份有限責任公司） （股份代號：1057） 控股股東減持計劃實施完畢的公告 茲提述浙江世寶股份有限公司（「浙江世寶」、「本公司」）日期為 2025 年8月29日 之公告（「該公告」），内容關於本公司控股股東浙江世寶控股集團有限公司（「世寶控 股」、「控股股東」）計劃自該公告披露之日起15個交易日後的3個月內（即2025年9月19 日至2025年12月17日，敏感期不减持）減持本公司A股股份合計不超過16,452,647股，不超 過本公司總股本的2%）（「本次股份減持計劃」），以及本公司日期為2025年9月24日之控 股股東及其一致行動人權益變動觸及1%整數倍的公告（「該變動公告」）。 2025年9月22日至2025年9月23日，世寶控股以大宗交易方式減持本公司A股股份 12,360,747股 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而産生或因倚賴 該等內容而引致之任何損失承擔任何責任。 Zhejiang Shibao Company Limited* 浙江世寶股份有限公司 （於中華人民共和國註冊成立的股份有限責任公司） （股份代號：1057） 海外監管公告 此海外監管公告是根據香港聯合交易所有限公司證券上市規則第 13.10B 條發出。以下為浙江 世寶股份有限公司於深圳證券交易所網站所刊發之「浙江世寶股份有限公司控股股東減持計劃 實施完畢的公告」。 承董事會命 浙江世寶股份有限公司 董事長 張世權 中國•浙江•杭州 2025年11月12日 於本公告刊發日期，本公司董事會包括執行董事張寶義先生、湯浩瀚先生、張蘭君女士及周裕 先生；非執行董事張世權先生及張世忠先生；職工董事吳琅平先生；以及獨立非執行董事龔俊 傑先生、閔海濤先生、徐晋誠先生及李興建先生。 * 僅供識別 证券代码：002703 证券简称：浙江世宝 公告编码：2025-047 浙江世宝股份有限公司 关于控股股东减持计划实施完毕的公 ...

Core Viewpoint - Zhejiang Shibao (002703.SZ) has completed a share reduction plan, with its controlling shareholder reducing holdings through block trading [1] Group 1 - The controlling shareholder, Shibao Holdings, reduced its A-share holdings by 16,452,647 shares, which represents 2% of the company's total share capital [1] - The reduction took place between September 19, 2025, and November 11, 2025, and the plan has been fully implemented as of the announcement date [1]

Core Viewpoint - Zhejiang Shibao (002703.SZ) has completed a share reduction plan, with Shibao Holdings reducing its A-share holdings by 16,452,647 shares, accounting for 2% of the company's total share capital [1] Summary by Relevant Sections - Share Reduction Plan - Shibao Holdings executed a share reduction plan from September 19, 2025, to November 11, 2025, through block trading [1] - The total shares reduced were 16,452,647, representing 2% of the total share capital of the company [1] - The reduction plan has been fully implemented as of the date of the announcement [1]

证券代码：002703 证券简称：浙江世宝 公告编码：2025-047 浙江世宝股份有限公司 关于控股股东减持计划实施完毕的公告 2025 年 9 月 22 日至 2025 年 9 月 23 日，世宝控股以大宗交易方式减持公司 A 股股份 12,360,747 股，占公司总股本的 1.50%。有关详情可参见公司于 2025 年 9 月 24 日在巨潮资讯网（http://www.cninfo.com.cn）披露的《关于控股股 东及其一致行动人权益变动触及 1%整数倍的公告》（公告编号：2025-037）。 公司于近日收到世宝控股的《股份减持计划实施完成的告知函》，2025 年 9 月 19 日至 2025 年 11 月 11 日世宝控股以大宗交易方式减持公司 A 股股份 16,452,647 股，占公司总股本的 2%。截至本公告披露日，本次减持计划已全部 实施完毕，现将有关情况公告如下： 一、 股东减持情况 1、 股东减持股份情况 | 减持方式 | 减持 | | 减持均价 | 减持股数（股） | 减持比例 | 股东名称 | | --- | --- | --- | --- | --- | --- | --- | ...

Summary of Key Points Core Viewpoint - On November 11, Zhejiang Shibao executed a block trade of 1.4429 million shares, amounting to 17.7765 million yuan, which represented 2.06% of the total trading volume for the day. The transaction price was 12.32 yuan, reflecting a discount of 13.3% compared to the market closing price of 14.21 yuan [1]. Trading Details - The block trade on November 11 involved multiple transactions at a price of 12.32 yuan per share, with a total volume of 144,290 shares [2]. - The trading volume included various buyers, such as: - 23,000 shares from China Merchants Securities [2]. - 18,000 shares from an institutional investor [2]. - 17,290 shares from Huatai Securities [2]. - 38,900 shares from Guodu Securities [2]. - 24,100 shares from GF Securities [2]. - The total transaction amount for the block trade was 17.7765 million yuan, with the price per share significantly lower than the market closing price, indicating a strategic move by the sellers [1][2].

Market Overview - The automotive parts sector increased by 0.07% compared to the previous trading day, with Xinpeng Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 4002.76, down by 0.39%, while the Shenzhen Component Index closed at 13289.0, down by 1.03% [1] Top Gainers in Automotive Parts Sector - Xinpeng Co., Ltd. (002328) closed at 7.50, up by 9.97% with a trading volume of 541,600 shares and a turnover of 406 million yuan [1] - Liangyuan Zhuomei (301398) closed at 55.80, up by 8.94% with a trading volume of 99,600 shares and a turnover of 544 million yuan [1] - Chunxing Precision (002547) closed at 5.57, up by 6.70% with a trading volume of 1,935,300 shares and a turnover of 1.078 billion yuan [1] Top Losers in Automotive Parts Sector - Moulding Technology (000700) closed at 10.36, down by 6.58% with a trading volume of 1,054,800 shares and a turnover of 1.158 billion yuan [2] - Lintai New Materials (920106) closed at 96.44, down by 5.34% with a trading volume of 13,700 shares and a turnover of 134 million yuan [2] - Chaokang Co., Ltd. (301005) closed at 49.02, down by 3.01% with a trading volume of 109,200 shares and a turnover of 547 million yuan [2] Capital Flow Analysis - The automotive parts sector experienced a net outflow of 1.129 billion yuan from institutional investors, while retail investors saw a net inflow of 1.022 billion yuan [2] - The top stocks with significant net inflows from retail investors include Wan Feng Ao Wei (002085) with 170 million yuan and Chunxing Precision (002547) with 140 million yuan [3] Individual Stock Performance - Xinpeng Co., Ltd. (002328) had a net inflow of 80.38 million yuan from institutional investors, but a net outflow of 47.73 million yuan from retail investors [3] - Moulding Technology (000700) saw a net inflow of 69.34 million yuan from institutional investors, with a net outflow of 33.70 million yuan from retail investors [3]

Group 1 - The company has received recognition for its steer-by-wire technology from multiple automotive manufacturers, indicating strong interest and potential partnerships [2] - Several projects related to the steer-by-wire technology are currently in development, showcasing the company's active engagement in this innovative area [2] - The earliest expected mass production of the steer-by-wire technology is projected for the second half of 2026, aligning with the company's strategic timeline [2]

Core Viewpoint - Zhejiang Shibao's stock price has shown fluctuations, with a year-to-date increase of 19.27% but a recent decline in the last five and twenty trading days [1][2] Company Overview - Zhejiang Shibao, established on June 2, 1993, and listed on November 2, 2012, is located in Hangzhou, Zhejiang Province. The company specializes in the research, design, manufacturing, and sales of automotive steering systems and key components [1] - The main business revenue composition includes steering systems and components (95.55%), other (2.28%), and accessories and others (2.17%) [1] Financial Performance - For the period from January to September 2025, Zhejiang Shibao achieved an operating income of 2.462 billion yuan, representing a year-on-year growth of 35.44%. The net profit attributable to the parent company was 150 million yuan, with a year-on-year increase of 33.66% [2] - Cumulative cash dividends since the A-share listing amount to 209 million yuan, with 69.36 million yuan distributed over the past three years [3] Shareholder Information - As of September 30, 2025, the number of shareholders is 66,600, a decrease of 15.11% from the previous period. The average circulating shares per person remain at 0 [2] - The top ten circulating shareholders saw a change, with Invesco Great Wall Research Selected Stock A (000688) exiting the list [3] Market Activity - On November 10, the stock price of Zhejiang Shibao fell by 2.03%, trading at 13.49 yuan per share, with a total market capitalization of 11.097 billion yuan. The net outflow of main funds was 32.0142 million yuan [1] - The stock has appeared on the "Dragon and Tiger List" once this year, with the last occurrence on June 25, where it recorded a net buy of -53.1552 million yuan [1]