Core Viewpoint - The company reported a significant increase in revenue and net profit for the first three quarters of 2025, driven by growth in both domestic and international markets, particularly in the automotive sector, including electric vehicles and high-value products [7][8][10]. Financial Performance - The company achieved operating revenue of 402,897.75 million yuan, an increase of 20.09% year-on-year [7]. - Net profit reached 7,344.53 million yuan, with a net profit attributable to shareholders after deducting non-recurring gains and losses of 3,463.68 million yuan, reflecting a growth of 19.03% [7]. Key Financial Data Changes - Trading financial assets increased by 46.68% compared to the end of the previous year due to fair value changes [3]. - Accounts receivable decreased by 53.23% due to a reduction in commercial acceptance bills held [4]. - Prepayments rose by 55% due to changes in procurement policies related to new business [5]. - Long-term receivables increased by 50.66% due to new financing lease risk funds [6]. - Other current liabilities surged by 216.96%, primarily due to an increase in goods to be delivered [6]. Market Expansion and Strategy - The company is expanding its presence in the electric vehicle market, with a 160.64% increase in sales revenue from electric wheels, supported by partnerships with major clients [9][10]. - In the overseas market, the company has established partnerships with several automotive manufacturers in Thailand, leveraging the region's growing automotive manufacturing base [9]. - The company is focusing on high-value products and has developed new customer relationships with leading automotive brands, enhancing its competitive position [8][10]. Low-Carbon Strategy and Technological Development - The company is committed to low-carbon development, focusing on lightweight aluminum materials and has developed high-performance aluminum alloys for the automotive industry [10][12]. - The upcoming EU carbon border adjustment mechanism will increase pressure for green transformation in the automotive industry, which the company is preparing for by promoting recycled aluminum products [12]. - The company is advancing its digital transformation and automation strategies, enhancing production efficiency and reducing costs through smart manufacturing initiatives [14][15]. Investment Projects and Future Outlook - The company is progressing with multiple investment projects, including the construction of new production lines for aluminum alloy wheels, which are expected to enhance production capacity and meet market demand [10][13]. - The establishment of a new robotics division aims to capitalize on the growing demand for automation and smart manufacturing, positioning the company for future growth in high-end equipment manufacturing [15][16].

Core Viewpoint - The company Jinfei Kaida (002863.SZ) reported significant growth in revenue and net profit for the first three quarters of 2025, indicating a strong performance in its operations [1] Financial Performance - The company achieved an operating revenue of 4.029 billion yuan, representing a year-on-year increase of 20.09% [1] - The net profit attributable to shareholders reached 72.5486 million yuan, marking a year-on-year increase of 19.78% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 34.6368 million yuan, which is a year-on-year increase of 19.03% [1] - The basic earnings per share stood at 0.12 yuan [1]

证券代码：002863 证券简称：今飞凯达 公告编号：2025-076 浙江今飞凯达轮毂股份有限公司 二、关联方基本情况 1、公司名称：浙江今飞机械有限公司 2、公司类型：有限责任公司 3、法定代表人：葛炳灶 关于购买专利权暨关联交易的公告 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。 2025年10月27日，浙江今飞凯达轮毂股份有限公司（以下简称"公司"）召 开第五届董事会第二十九次会议，审议通过了《关于购买专利权暨关联交易的议 案》，现就相关事项公告如下： 一、关联交易概述 公司全资子公司浙江今飞智朗智能科技有限公司（以下简称"智朗科技"） 拟与浙江今飞机械有限公司（以下简称"今飞机械"）签署《技术转让（专利权） 合同》，将其持有的专利权共四项转让给智朗科技，专利权的转让价款共计 735,146.47 元，全部以现金方式支付。 今飞机械的控股股东为公司的控股股东今飞控股集团有限公司（以下简称 "今飞控股"），今飞控股实际控制人为葛炳灶，为公司关联自然人，根据《深圳 证券交易所股票上市规则》第 6.3.3 条规定，今飞机械为公司的关联法人，本次 购买专利权 ...

证券代码：002863 证券简称：今飞凯达 公告编号：2025-075 浙江今飞凯达轮毂股份有限公司 第五届董事会第二十九次会议决议的公告 本公司及监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。 1、本次购买专利权构成关联交易，公司履行了必要的审议程序，符合有关法律、 法规和《公司章程》的规定，审议程序合法、有效。2、本次交易已聘请具有证 券业务资格的评估机构对交易标的进行评估，该评估机构除与公司有业务关系外， 无其他关联关系，具有充分的独立性。且本次交易定价公允，本次购买专利权暨 关联交易符合公司发展战略，不存在损害公司中小股东利益的情形。因此，我们 一致同意本次关联交易事项，并同意将相关议案提交公司董事会审议。 董事会认为：本次购买专利权有利于加快公司在新兴产业领域的战略布局， 充分发挥专利的经济价值和业务潜力。本次关联交易事项遵循公平、公正的原则， 定价依据合理，不会对公司财务和经营产生不利影响，不存在损害公司及其他股 东特别是中小股东利益的情形。 董事葛炳灶先生、葛础先生、叶龙勤先生为关联董事，对本议案回避表决。 一、董事会会议召开情况 浙江今飞凯达轮毂股份有 ...

财通证券股份有限公司 关于浙江今飞凯达轮毂股份有限公司 全资子公司受让专利技术暨关联交易的核查意见 财通证券股份有限公司（以下简称"财通证券"、"保荐机构"）作为浙江 今飞凯达轮毂股份有限公司（以下简称"今飞凯达"或"公司"）2023 年向特 定对象发行股票并上市的保荐机构，根据《证券发行上市保荐业务管理办法》《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》《深圳证券交易所上市公司自律监管指引第 7 号—交易 与关联交易》等有关规定，对今飞凯达全资子公司受让专利技术暨关联交易事宜 进行了核查。具体情况如下： 一、关联交易基本情况概述 公司全资子公司浙江今飞智朗智能科技有限公司（以下简称"智朗科技"） 拟与浙江今飞机械有限公司（以下简称"今飞机械"）签署《技术转让（专利权） 合同》，今飞机械将其持有的专利权共四项转让给智朗科技，专利权的转让价款 共计 735,146.47 元，全部以现金方式支付。 今飞机械为公司的关联法人，本次购买专利权事项构成关联交易。本次关联 交易事项在董事会审议权限内，无需提交股东会审议，本次关联交易不构成《上 市公司重大资产重组管 ...

Core Viewpoint - Jinfei Kaida (SZ 002863) announced the convening of its 29th meeting of the fifth board of directors on October 27, 2025, to review the proposal for the third quarter report of 2025 [1] Group 1: Company Financials - For the first half of 2025, Jinfei Kaida's revenue composition was as follows: aluminum alloy wheels accounted for 72.9%, profiles accounted for 17.1%, and other businesses accounted for 10.01% [1] - As of the report date, Jinfei Kaida's market capitalization was 3.3 billion yuan [1]

Core Viewpoint - The company Jinfei Keda announced that its wholly-owned subsidiary, Zhejiang Jinfei Zhilan Intelligent Technology Co., Ltd., plans to sign a technology transfer contract with Zhejiang Jinfei Machinery Co., Ltd. to transfer four patent rights for a total price of 735,100 yuan, all to be paid in cash. This transaction is classified as a related party transaction and aims to accelerate the company's strategic layout in the emerging robotics field, promoting the industrialization of industrial robots and reducers [1] Group 1 - The transaction involves the transfer of four patent rights from Jinfei Keda to its subsidiary for a total of 735,100 yuan [1] - The related party involved in the transaction is Jinfei Machinery, which is an affiliated entity of Jinfei Keda [1] - The transaction has been approved by the company's independent directors and the board of directors [1] Group 2 - The purpose of the transaction is to enhance the company's strategic positioning in the robotics sector [1] - The transaction does not involve any debt handling, personnel placement, or constitute a major asset restructuring [1] - The transaction is not expected to have any adverse impact on the company's financials or operations [1]

Financial Performance - The company's operating revenue for the third quarter reached ¥1,444,011,492.25, representing a 23.11% increase year-over-year[4] - Net profit attributable to shareholders was ¥27,236,815.85, a significant increase of 61.36% compared to the same period last year[4] - The net cash flow from operating activities surged to ¥210,104,837.53, marking an impressive increase of 484.93%[4] - Total operating revenue for the current period reached ¥4,028,977,529.95, a 20% increase from ¥3,355,058,860.89 in the previous period[27] - Net profit for the current period was ¥73,445,327.95, compared to ¥61,550,454.10 in the previous period, representing a growth of about 19.5%[28] - Earnings per share increased to ¥0.12 from ¥0.10, indicating a 20% rise[28] - The company reported a total comprehensive income of ¥86,496,303.86, slightly down from ¥87,070,821.67 in the previous period[28] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥9,098,134,243.34, reflecting an 11.67% increase from the end of the previous year[4] - The company's equity attributable to shareholders increased to ¥2,836,670,446.59, up by 2.98% from the previous year-end[4] - Total liabilities increased to ¥6,254,382,436.00 from ¥5,385,989,442.18, marking a growth of approximately 16.1%[24] - The company's current liabilities include short-term borrowings of approximately CNY 2.52 billion, slightly up from CNY 2.49 billion at the beginning of the period[23] Cash Flow - Cash flow from operating activities generated a net amount of ¥210,104,837.53, significantly up from ¥35,919,521.27 in the previous period[29] - The company received cash inflows from operating activities totaling ¥4,375,181,895.09, compared to ¥3,605,517,079.86 in the previous period, representing an increase of about 21.3%[29] - Investment activities cash outflow totaled $523,370,760.86, compared to $485,685,608.11 in the previous period, indicating an increase of approximately 7.5%[30] - Net cash flow from investment activities was -$508,350,191.81, worsening from -$474,282,995.40 year-over-year[30] - Cash inflow from financing activities amounted to $2,136,221,875.00, up from $1,647,182,725.38, representing a growth of about 29.6%[30] - Net cash flow from financing activities improved to $186,562,698.20, a significant recovery from -$59,405,970.61 in the previous period[30] - The net increase in cash and cash equivalents was -$93,766,051.51, an improvement from -$468,694,690.65 year-over-year[30] - The ending balance of cash and cash equivalents stood at $168,244,395.29, slightly up from $164,547,555.01 in the previous period[30] Operational Highlights - The company reported a 55% increase in prepayments, attributed to changes in procurement policies due to new business[8] - The company experienced a 93.65% increase in contract liabilities, primarily due to an increase in goods to be delivered[9] - The fair value change income increased by 184.26%, mainly due to the appreciation of forward foreign exchange contracts[11] - The company reported a 55.77% decrease in credit loss, attributed to changes in the amount of receivables over one year[11] - In the domestic market, OEM sales revenue increased by 12.99%, driven by the expansion of market share for Chinese brands and strong growth in the new energy vehicle sector[15] - The company has established stable partnerships with major automakers such as BYD, Changan, and Geely, enhancing its long-term development foundation[15] - In the overseas market, the company successfully developed multiple new clients in Europe and North America, with significant growth in sales revenue for the motorcycle wheel segment, which increased by 23.57%[16] Production and Development - The company is accelerating the construction of multiple intelligent production lines, including a project in Thailand with an annual capacity of 2 million aluminum alloy wheels for new energy vehicles, expected to be completed by Q4 2025[17] - The company has successfully launched a project in Anhui with an annual capacity of 1.2 million aluminum alloy wheels, enhancing its market responsiveness and customer service[17] - The electric wheel business saw a remarkable sales revenue increase of 160.64%, supported by deep cooperation with quality clients such as Aima and Yadi[16] - The company is focusing on high-value products in the motorcycle wheel market, optimizing operations and relocating some production capacity to Thailand to strengthen its market position[16] - The integration of low-carbon strategies is driving high-quality development, with strong demand for low-cost aluminum alloy materials[17] - The company has developed a high Fe (≥0.5%) aluminum alloy material based on recycled aluminum (≥70% content), significantly improving toughness with an elongation rate of ≥10%[18] - The company is actively promoting low-carbon aluminum wheels, which have significant advantages in production energy consumption and carbon emissions compared to primary aluminum wheels[18] - The company has successfully completed projects including an annual production of 80,000 tons of low-carbon aluminum alloy rods and 50,000 tons of low-carbon industrial aluminum materials by July 2025[19] - The company has developed a strategic plan to enter the robotics field, including the establishment of a new subsidiary focused on intelligent manufacturing[20] Strategic Initiatives - The company is focusing on upgrading its production capacity and digital management systems to enhance cost management and operational efficiency[19] - The company is strategically positioning itself for the upcoming EU Carbon Border Adjustment Mechanism (CBAM) set to take effect in January 2026, which will impose stricter carbon emission regulations on imported vehicles[18] - The company has secured partnerships with key clients in the photovoltaic industry, expanding its customer base in aluminum alloy components[18] Future Outlook - The third quarter financial report was not audited, indicating a potential area of concern for investors[31] - The company will implement new accounting standards starting in 2025, which may affect future financial reporting[31]

Group 1 - The company held its 28th meeting of the 5th Board of Directors on October 17, 2025, to discuss various financial matters [2][3] - The Board approved a proposal to apply for a comprehensive credit limit of up to 130 million yuan from financial institutions [3][15] - The Board also approved a proposal to provide a guarantee for its wholly-owned subsidiary, Yunnan Fuyuan Jinfei Wheel Manufacturing Co., Ltd., with a guarantee limit of up to 70 million yuan [8][12] Group 2 - The company plans to hold its third extraordinary general meeting of shareholders on November 3, 2025, to review the proposals approved by the Board [4][18] - The meeting will allow for both on-site and online voting, with specific timeframes for registration and voting [20][31] - Shareholders must register by October 31, 2025, to participate in the meeting [28][30]

证券代码：002863 证券简称：今飞凯达 公告编号：2025-073 浙江今飞凯达轮毂股份有限公司 关于公司为子公司提供担保的公告 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。 特别提示： 本次担保对象中，公司合并报表范围内的全资子公司云南富源今飞轮毂制造 有限公司的最近一期资产负债率超过70%，敬请投资者注意风险。 一、担保情况概述 2025年10月17日，浙江今飞凯达轮毂股份有限公司（以下简称"公司"）第 五届董事会第二十八次会议审议通过了《关于公司为子公司提供担保的议案》。 公司拟为云南富源今飞轮毂制造有限公司（以下简称"富源今飞"）的银行融资 提供总额度不超过7,000万的担保额度。根据《深圳证券交易所股票上市规则》 《公司章程》及《董事会议事规则》的相关规定，本次事项尚需提交股东会审议。 具体内容如下： 二、本次担保额度预计情况 | | | | | | | | | | | | | | 担保额度占 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | -- ...