惠州市德赛西威汽车电子股份有限公司 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 2024 年 9 月 24 日，惠州市德赛西威汽车电子股份有限公司（以下简称"公 司"）召开 2024 年第四次临时股东大会，审议通过了《关于公司 2024 年度向特 定对象发行股票方案的议案》《关于提请股东大会授权董事会及董事会授权人士 办理本次向特定对象发行股票相关事宜的议案》等与公司 2024 年度向特定对象 发行股票（以下简称"本次发行"）相关的议案。根据上述决议，公司本次发行 的股东大会决议有效期、股东大会授权董事会及董事会授权人士办理本次向特定 对象发行股票相关事宜的有效期为 2024 年第四次临时股东大会审议通过之日起 12 个月，即有效期为 2024 年 9 月 24 日至 2025 年 9 月 23 日止。 证券代码：002920 证券简称：德赛西威 公告编号：2025-067 惠州市德赛西威汽车电子股份有限公司 关于延长公司 2024 年度向特定对象发行股票股东大会决议有效期及 相关授权有效期的公告 中国证监会于 2025 年 2 月 21 日向公司出具了《关于 ...

惠州市德赛西威汽车电子股份有限公司 证券代码：002920 证券简称：德赛西威 公告编号：2025-066 惠州市德赛西威汽车电子股份有限公司 第四届监事会第十三次会议决议公告 本公司及监事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 一、监事会会议召开情况 惠州市德赛西威汽车电子股份有限公司（以下简称"公司"）第四届监事会 第十三次会议通知于 2025 年 9 月 2 日以电话及专人送达的形式发出，并于 2025 年9月5日以通讯方式召开。本次会议由公司监事会主席余孝海先生召集并主持， 应到监事 3 人，实到 3 人。本次会议召集和召开程序符合《公司法》等法律、行 政法规、规范性文件以及《公司章程》的规定。 1. 审议通过《关于延长公司 2024 年度向特定对象发行股票股东大会决议 有效期的议案》 经审核，监事会认为：本次公司延长 2024 年度向特定对象发行股票股东大 会决议有效期至中国证监会关于公司本次发行同意注册批复规定的有效期截止 日（即 2026 年 2 月 20 日），是为确保本次发行工作的延续性、有效性和顺利推 进，符合公司及全体股东的利益，不存在损害公司及 ...

第四届董事会第十三次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 一、董事会会议召开情况 惠州市德赛西威汽车电子股份有限公司 证券代码：002920 证券简称：德赛西威 公告编号：2025-065 惠州市德赛西威汽车电子股份有限公司 1. 审议通过《关于延长公司 2024 年度向特定对象发行股票股东大会决议 有效期的议案》 2024 年 9 月 24 日，公司召开 2024 年第四次临时股东大会，审议通过了《关 于公司 2024 年度向特定对象发行股票方案的议案》《关于提请股东大会授权董事 会及董事会授权人士办理本次向特定对象发行股票相关事宜的议案》等与公司 2024 年度向特定对象发行股票（以下简称"本次发行"）相关的议案。根据上述 决议，公司本次发行的股东大会决议有效期、股东大会授权董事会及董事会授权 人士办理本次向特定对象发行股票相关事宜的有效期为 2024 年第四次临时股东 大会审议通过之日起 12 个月，即有效期为 2024 年 9 月 24 日至 2025 年 9 月 23 日止。 中国证券监督管理委员会（以下简称"中国证监会"）于 2 ...

Group 1 - The core viewpoint of the article highlights the performance and outlook of the Bosera New Energy Theme Mixed A Fund, which reported a profit of 1.9557 million yuan in the first half of 2025, with a net value growth rate of 2.49% [2][3] - As of September 3, 2025, the fund's unit net value was 0.837 yuan, and its scale reached 70.6037 million yuan [2][30] - The fund manager expresses optimism for the second half of 2025, particularly favoring growth assets in the context of liquidity easing, with a focus on "pan-AI" assets and the electric power electronics sector transitioning into AI [3] Group 2 - The fund's recent performance metrics indicate a three-month net value growth rate of 22.73%, a six-month growth rate of 14.50%, and a one-year growth rate of 40.59%, positioning it favorably among comparable funds [6] - The fund's weighted average price-to-earnings ratio (TTM) is approximately 20.64 times, significantly lower than the industry average of 36.17 times, indicating a potentially undervalued position [11] - The weighted revenue growth rate for the fund's holdings is 0.2%, and the weighted net profit growth rate is 0.3% for the first half of 2025, reflecting modest growth [19] Group 3 - The fund's three-year Sharpe ratio stands at -0.4169, ranking it 91 out of 120 comparable funds, indicating a relatively lower risk-adjusted return [24] - The fund's maximum drawdown over the past three years is 50.9%, with the largest single-quarter drawdown occurring in Q2 2022 at 22.51% [26] - As of June 30, 2025, the fund had a total of 5,216 holders, with individual investors holding 100% of the shares, and the fund's turnover rate for the last six months was approximately 530.32% [34][37]

Core Viewpoint - The logistics industry is undergoing a transformation with the introduction of low-speed unmanned vehicles, which are seen as a key variable for improving the efficiency and intelligence of last-mile delivery [1][4]. Group 1: Industry Trends - The scale of unmanned logistics vehicles in China has exceeded 6,000 units, delivering over 100 million orders across various scenarios, significantly increasing daily delivery volumes [1]. - The market for instant delivery is expanding, prompting companies to explore new applications for low-speed unmanned vehicles to address last-mile challenges [1][4]. Group 2: Company Strategy - Desay SV's entry into the low-speed unmanned vehicle market is part of its broader strategy to leverage its extensive experience in smart cockpit, driving assistance, and intelligent driving technologies [3]. - The company aims to redefine the relationship between people, vehicles, and environments by focusing on intelligent solutions for logistics and delivery services [3][4]. Group 3: Product Development - The S6 series of low-speed unmanned vehicles will include four models designed for various applications, such as industrial logistics, cold chain transport, and urban delivery [5]. - The S6 series incorporates six innovative technologies, including a full vehicle-level development approach and enhanced safety features, addressing common pain points in traditional unmanned vehicles [5][6]. Group 4: Future Outlook - The integration of unmanned delivery vehicles into urban logistics is expected to evolve into a critical service node in smart cities, enhancing the efficiency and reliability of last-mile delivery [6]. - The vision for sustainable smart logistics is to ensure that every delivery is secure and that the flow of goods is orderly and meaningful, reflecting a commitment to innovation and customer value [6].

Group 1 - The competition in the autonomous vehicle market is intensifying, with New Stone launching a "zero down payment, zero interest, 48-month installment" purchase plan, along with a lifetime free use of the FSD (Full Self-Driving) service [2][4] - New Stone's main models, X3 and X6, are priced at approximately 115,500 yuan and 125,100 yuan respectively, breaking the previous pricing model of separate vehicle and FSD service fees [2][4] - The entry of new players, such as Desay SV, which launched its "Chuanxing Zhiyuan" low-speed autonomous vehicle brand, indicates a growing interest in the last-mile logistics sector [2][5] Group 2 - Previously, mainstream brands followed a pricing structure of vehicle price plus monthly or annual FSD service fees, with examples showing total costs ranging from approximately 12,180 yuan to 15,500 yuan over five years [3][4] - New Stone's approach aims to reduce purchasing costs and attract more users by offering a bundled price, addressing concerns about potential future increases in service fees [4] - The autonomous vehicle market is expected to see significant growth as commercial applications expand, with head manufacturers likely to experience a surge in order volumes [5]

Core Viewpoint - The company is committed to strengthening its core business while actively seizing market opportunities and strategically positioning itself in new product and business areas [1] Group 1: New Product Launch - The company officially launched its brand "Chuanxing Zhiyuan" in Shanghai on September 2, 2025, showcasing the S6 Wing version and S6 Side Door version of low-speed unmanned vehicles for the first time [1] Group 2: Strategic Resource Utilization - The company is leveraging its existing mature automotive-grade supply chain resources and technological foundation to efficiently integrate current technologies, production capabilities, and partner networks [1] - This approach enables the company to enter new business areas with lower costs and faster speed, quickly establishing competitiveness in these new fields [1]

"最后一公里"的末端物流是城市商业的"毛细血管"，却也长期存在人力成本攀升、管理难度大、安全风险高等痛点。这一赛道吸引众多企 业躬身入局，传统汽车电子巨头德赛西威也宣告战略进场。 9月2日，德赛西威正式发布旗下专注低速无人车的新品牌"川行致远"，并推出首款车规级平台产品S6系列。德赛西威董事长高大鹏指出， 城市末端物流这一领域正面临巨大的效率提升与智能化变革机遇。基于这一判断，公司决定开辟以低速无人车为核心的"第二战场"，将无 人驾驶技术延伸至园区、楼宇、商圈等微循环场景，破解末端配送难题。 这也回应了行业当前的关键挑战。尽管无人车概念火热，但真正具备车规级可靠性、可持续商业化部署的产品仍属稀缺。 德赛西威首席执行官徐建强调，公司并非盲目跨界，而是基于技术成熟度、政策法规与市场需求的三重考量做出的战略决策，其定位是成 为"智能移动平台的基石提供者"，而非运营方的直接竞争者。 据介绍，S6系列实现了六项行业首发技术，包括从整车到零件的全车规级开发、智能轴向控制系统、25%爬坡能力、6年或30万公里超长 电池寿命标准、全车规级智驾套件及智能感知表皮。S6平台以高度模块化设计，推出飞翼款（适配工业物流与叉车协作）、 ...

Core Viewpoint - Desay SV's fifth-generation intelligent cockpit aims to redefine performance benchmarks in the AI era, enhancing travel experiences and accelerating automotive intelligence [2] Group 1: Company Developments - Desay SV has received new project orders from Ideal Automotive, indicating strong market demand for its products [2] - The company has garnered significant attention from several top global OEMs, highlighting its competitive position in the industry [2] Group 2: Industry Trends - The shift towards AI-driven solutions in automotive technology is expected to create new dimensions in travel experiences [2] - The intelligent cockpit is positioned as a key driver for the acceleration of automotive intelligence in the AI era [2]

Core Insights - Desay SV's low-speed unmanned vehicle brand "Chuanxing Zhiyuan" launched two new models, S6 Feiying and S6 Side Door, in Shanghai [1] - The company views low-speed unmanned vehicles as a second growth curve, focusing on end logistics, sanitation, and delivery services [1] - The S6 series features seven core highlights, six of which are industry-first innovations, including a 25% climbing ability and a battery standard of 300,000 kilometers over six years [1] Group 1 - Desay SV's chairman emphasized the importance of low-speed unmanned vehicles for future growth in the smart mobility sector [1] - The S6 unmanned vehicle is designed to enhance loading efficiency, space utilization, and safety management in traditional logistics [1] - The vehicle is equipped with L4 autonomous driving algorithms, enabling all-weather operation [1] Group 2 - A demonstration of the S6 Feiying's operational process was conducted at the launch event [2] - Company executives and industry experts discussed the development path and collaboration opportunities for low-speed unmanned vehicles in smart logistics [2] - Desay SV aims to expand the application of low-speed unmanned vehicles in end logistics, promoting a smart, green, and efficient modern logistics system [2]