| 证券代码：002937 | 证券简称：兴瑞科技 | 公告编号：2025-089 | | --- | --- | --- | | 债券代码：127090 | 债券简称：兴瑞转债 | | 宁波兴瑞电子科技股份有限公司 第四届董事会第三十六次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、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 宁波兴瑞电子科技股份有限公司（以下简称"公司"）第四届董事会第三十 六次会议通知于 2025 年 11 月 7 日以电子邮件等方式向公司全体董事发出。会议 于 2025 年 11 月 12 日以电子邮件表决方式召开。会议由董事长张忠良先生主持， 会议应出席董事 11 名，实际出席董事 11 名。本次会议的召集、召开及表决程序 符合有关法律、行政法规、部门规章、规范性文件及《公司章程》的规定。 二、董事会会议审议情况 1、审议通过《关于不向下修正"兴瑞转债"转股价格的议案》 截至 2025 年 11 月 12 日，公司股票已触发"兴瑞转债"转股价格的向下修 正条款。经审议公司董事会决定本次不向下修正"兴瑞转债"转股价格，同时在 2025 年 ...

重要内容提示： 1、自 2025 年 10 月 23 日至 2025 年 11 月 12 日，宁波兴瑞电子科技股份有 限公司（以下简称"公司"）股票在连续三十个交易日中已有十五个交易日的收 盘价低于当期转股价格的 85%，触发《宁波兴瑞电子科技股份有限公司向不特定 对象发行可转换公司债券募集说明书》（以下简称"《募集说明书》"）规定的 转股价格向下修正条款。 | 证券代码：002937 | 证券简称：兴瑞科技 | 公告编号：2025-090 | | --- | --- | --- | | 债券代码：127090 | 债券简称：兴瑞转债 | | 宁波兴瑞电子科技股份有限公司 关于不向下修正"兴瑞转债"转股价格的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，不存在任何虚假 记载、误导性陈述或者重大遗漏。 三、可转换公司债券转股价格向下修正条款 2、经公司第四届董事会第三十六次会议审议通过，公司董事会决定本次不 向下修正"兴瑞转债"转股价格，同时在 2025 年 11 月 13 日至 2026 年 2 月 28 日期间，若再次触发"兴瑞转债"转股价格向下修正条款，亦不提出向下修正方 案。下一触发转股价格 ...

Core Viewpoint - Ningbo Xingrui Electronic Technology Co., Ltd. has announced that its convertible bond, Xingrui Convertible Bond, is expected to trigger conditions for a downward adjustment of the conversion price due to stock performance [1][5]. Group 1: Convertible Bond Issuance - The company issued 4.62 million convertible bonds on July 24, 2023, with a face value of 100 RMB each, raising a total of 462 million RMB, netting 454.907 million RMB after expenses [2]. - The bonds have a maturity period of 6 years, from July 24, 2023, to July 23, 2029 [2]. Group 2: Conversion Price Adjustment Terms - The conversion price is set at 25.50 RMB per share, with the conversion period from January 29, 2024, to July 23, 2029 [1]. - If the stock price falls below 85% of the conversion price for at least 15 out of 30 consecutive trading days, the board can propose a downward adjustment of the conversion price, subject to shareholder approval [3]. Group 3: Expected Trigger for Price Adjustment - From October 23, 2025, to November 5, 2025, the company's stock has closed below 85% of the conversion price for 10 out of 30 trading days, indicating a potential trigger for a price adjustment [5]. - The company is required to hold a board meeting to decide on the adjustment and must disclose the decision in accordance with relevant regulations [5]. Group 4: Additional Information - Investors can refer to the full prospectus disclosed on July 20, 2023, for more details regarding the convertible bonds [6].

| 证券代码：002937 | 证券简称：兴瑞科技 | 公告编号：2025-088 | | --- | --- | --- | | 债券代码：127090 | 债券简称：兴瑞转债 | | 宁波兴瑞电子科技股份有限公司 关于"兴瑞转债"预计触发转股价格修正条件的提示性公告 本公司及董事会全体成员保证公告内容真实、准确和完整，不存在任何虚假 记载、误导性陈述或者重大遗漏。 特别提示： 4、转股起止时间：2024 年 1 月 29 日至 2029 年 7 月 23 日 若公司决定向下修正转股价格，公司将在深交所和中国证监会指定的上市公 司信息披露媒体上刊登股东大会决议公告以及转股价格修正公告，公告修正幅度 和股权登记日及暂停转股期间。从股权登记日后的第一个交易日（即转股价格修 正日）起恢复转股申请并执行修正后的转股价格。若转股价格修正日为可转债持 有人转股申请日或之后、转换股票登记日之前，该类转股申请按修正后的转股价 格执行。 经中国证券监督管理委员会"证监许可（2023）1429 号"文同意注册，并 经深交所同意，公司于 2023 年 7 月 24 日向不特定对象发行可转换公司债券（债 券简称：兴瑞转债；债券代码 ...

| 证券代码：002937 | 证券简称：兴瑞科技 | 公告编号：2025-087 | | --- | --- | --- | | 债券代码：127090 | 债券简称：兴瑞转债 | | 宁波兴瑞电子科技股份有限公司 根据公司《关于回购公司股份方案的公告》，若公司在回购实施期间内，实 施资本公积转增股本、派发股票或现金红利、股票拆细、缩股及其他等除权除息 事项，自股价除权除息之日起，按照中国证监会及深圳证券交易所的相关规定相 应调整回购股份价格上限。因实施 2024 年年度权益分派，自 2025 年 5 月 29 日 起，公司回购股份价格上限由人民币 31 元/股相应调整为不超过 30.70 元/股。因 实施 2025 年半年度权益分派，自 2025 年 9 月 30 日起，公司回购股份价格上限 由人民币 30.70 元/股相应调整为不超过 30.60 元/股。 根据《上市公司股份回购规则》《深圳证券交易所上市公司自律监管指引第 9 号——回购股份》等相关规定，公司在回购期间应当在每个月的前三个交易日 内公告截至上月末的回购进展情况。现将回购股份的进展情况公告如下： 一、公司回购股份的具体情况 截至 2025 ...

Core Viewpoint - The company announced a share repurchase plan aimed at incentivizing employees, with a budget of 60 million to 120 million yuan [1] Summary by Sections Share Repurchase Plan - The company plans to repurchase shares between 60 million and 120 million yuan for employee incentives [1] - Due to equity distribution, the maximum repurchase price was adjusted from 31 yuan per share to 30.60 yuan per share [1] Current Repurchase Activity - As of October 31, the company has repurchased 50,000 shares, representing 0.02% of the total share capital [1] - The highest transaction price was 16.889 yuan per share, while the lowest was 16.739 yuan per share [1] - The total amount paid for the repurchase, excluding transaction fees, was 841,992 yuan [1] Future Plans - The company will continue to implement the share repurchase according to regulations and will disclose further information [1]

Core Viewpoint - Xingrui Technology, established in 2001 and listed in 2018, is a precision electronic component manufacturer with strong technical capabilities in the automotive electronics sector, focusing on mold technology and advanced manufacturing techniques [1] Group 1: Business Performance - In Q3 2025, Xingrui Technology reported revenue of 1.328 billion yuan, ranking 24th among 36 companies in the industry, significantly lower than the top competitor, Yujing Electronics, which had revenue of 45.844 billion yuan [2] - The net profit for the same period was 118 million yuan, placing the company 19th in the industry, again trailing behind Yujing Electronics and another competitor, with an industry average net profit of 217 million yuan [2] Group 2: Financial Ratios - The asset-liability ratio for Q3 2025 was 36.92%, slightly up from 36.69% in the previous year, but still below the industry average of 44.11%, indicating good debt repayment capability [3] - The gross profit margin was reported at 24.01%, down from 26.96% year-on-year, yet still above the industry average of 19.46%, reflecting a competitive edge in profitability [3] Group 3: Executive Compensation - The chairman, Zhang Zhongliang, received a salary of 1.2 million yuan in 2024, an increase of 450,000 yuan from 2023 [4] - The general manager, Chen Songjie, earned 1.597 million yuan in 2024, a decrease of 88,400 yuan from the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 8.61% to 19,200, while the average number of circulating A-shares held per shareholder decreased by 7.93% to 15,400 [5] Group 5: Business Highlights - A strategic cooperation framework agreement was signed with Shenzhen Green Cloud Map to enhance production and technology development for liquid cooling server products, indicating a potential expansion into high-growth markets [6] - The production of a new automotive parts base in Ningbo is expected to boost capacity, alongside future expansion projects in Suzhou and overseas [6] - Longcheng Securities maintains a "buy" rating, projecting net profits of 245 million yuan, 275 million yuan, and 323 million yuan for 2025 to 2027 [6]

Core Viewpoint - The company, Ningbo Xingrui Electronic Technology Co., Ltd., has released its third-quarter financial report for 2025, highlighting various financial metrics and changes in its financial position compared to the previous year [4][12]. Financial Data Summary - The company confirmed that the quarterly report is accurate and complete, with no false records or significant omissions [2]. - The third-quarter financial report has not been audited [3]. - The company reported a non-recurring gain from long-term equity investment income amounting to 2,919,390.20 yuan [4]. - The net cash flow from operating activities decreased by 68.2 million yuan compared to the same period last year, primarily due to reduced customer payments [6]. - The net cash flow from investing activities decreased by 159 million yuan, attributed to increased cash payments for fixed assets and long-term investments [6]. - The company has repurchased 50,000 shares as part of its share repurchase plan [7]. - A cash dividend of 29.77 million yuan was distributed, amounting to 1 yuan per 10 shares [7]. Changes in Financial Metrics - The increase in convertible bond interest and exchange rate fluctuations impacted the profit and loss statement [5]. - The company recognized increased investment income from its associate, Huazhi Xingrui [5]. - The provision for bad debts on accounts receivable increased compared to the same period last year [5]. - The company reported a decrease in gains from asset disposals and a reduction in tax expenses due to lower taxable income [5]. Shareholder Information - The company has not disclosed any changes in the number of shareholders or the status of preferred shareholders [6]. - The company will continue to implement its share repurchase plan based on market conditions [7].

| 证券代码：002937 | 证券简称：兴瑞科技 | 公告编号：2025-085 | | --- | --- | --- | | 债券代码：127090 | 债券简称：兴瑞转债 | | 宁波兴瑞电子科技股份有限公司 第四届董事会第三十五次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 1、审议通过《关于公司<2025 年第三季度报告>的议案》 表决结果：同意 11 票、反对 0 票、弃权 0 票。 本议案已经公司董事会审计委员会审议通过。 具体内容详见公司同日披露在《证券时报》《上海证券报》和巨潮资讯网 （www.cninfo.com.cn）的《2025 年第三季度报告》。 三、备查文件 1、第四届董事会第三十五次会议决议 特此公告。 宁波兴瑞电子科技股份有限公司董事会 2025 年 10 月 28 日 一、董事会会议召开情况 宁波兴瑞电子科技股份有限公司（以下简称"公司"）第四届董事会第三十 五次会议通知于 2025 年 10 月 24 日以电子邮件等方式向公司全体董事发出。会 议于 2025 年 10 月 28 日以电子邮件表决方式召开。本 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥457,640,715.22, a decrease of 3.50% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2025 was ¥35,346,054.04, down 21.14% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was ¥34,982,152.98, reflecting a decline of 20.38% compared to the previous year[5]. - Total operating revenue for the current period is CNY 1,328,139,371.71, a decrease of 10.1% compared to CNY 1,477,902,217.38 in the previous period[23]. - The net profit for the current period is CNY 117,864,791.81, a decrease of 38.5% compared to CNY 191,911,815.43 in the previous period[24]. - The total profit for the current period is CNY 133,307,549.95, down from CNY 217,072,253.36, reflecting a decline of 38.5%[24]. - Operating profit decreased to CNY 133,950,621.06 from CNY 218,055,627.43, representing a drop of 38.5%[24]. - The total comprehensive income for the current period is CNY 112,024,628.72, a decrease from CNY 188,116,979.76 in the previous period[24]. - Basic and diluted earnings per share for the current period are both CNY 0.40, down from CNY 0.64 in the previous period[25]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,542,311,434.89, an increase of 0.23% from the end of the previous year[5]. - The company's total liabilities are CNY 938,735,090.35, a marginal increase from CNY 937,702,764.30[22]. - The equity attributable to shareholders increased to CNY 1,603,175,319.69 from CNY 1,598,341,050.76, a growth of 0.4%[22]. - The company's cash and cash equivalents decreased to CNY 665,481,402.63 from CNY 880,238,534.57, a decline of 24.4%[20]. - The cash and cash equivalents at the end of the period stand at CNY 632,970,715.75, down from CNY 682,368,715.55 at the end of the previous period[26]. - The company's total liabilities decreased by 88.68% in contract liabilities, amounting to ¥294,661.91 from ¥2,603,180.75[10]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥201,331,215.87, a decrease of 25.30% compared to the previous year[5]. - The net cash flow from operating activities decreased by 25.30% to ¥201.33 million compared to ¥269.54 million in the same period last year[12]. - Cash flow from operating activities generated a net amount of CNY 201,331,215.87, down 25.3% from CNY 269,535,662.70 in the previous period[25]. - Cash flow from investing activities resulted in a net outflow of CNY 233,119,951.49, compared to a smaller outflow of CNY 74,278,151.79 in the previous period[26]. - The net cash flow from investing activities saw a significant increase of 213.85%, dropping to -¥233.12 million from -¥74.28 million year-on-year, primarily due to increased cash payments for fixed assets and long-term investments[12]. - The net cash flow from financing activities slightly decreased by 2.08%, amounting to -¥155.68 million, mainly due to increased dividend payments during the reporting period[12]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,245, with no preferred shareholders[15]. - Zhejiang Zheqi Investment Holding Group Co., Ltd. holds the largest share at 24.27%, with 72,259,670 shares, and has pledged 35,830,000 shares[15]. - The company repurchased a total of 50,000 shares as part of its share buyback plan, which will continue based on market conditions[18]. - A cash dividend of ¥29.77 million was distributed during the semi-annual equity distribution, with a payout of ¥1 per 10 shares[18]. - The company issued convertible bonds "Xingrui Convertible Bonds" with a coupon rate of 0.40%, distributing ¥4.00 per 10 bonds during the reporting period[18]. Investment and Income - The company reported a significant increase in investment income of 431.35%, amounting to ¥5,627,743.87 compared to ¥1,059,146.47 in the previous year[9]. - The long-term equity investment increased by 45.20%, reaching ¥105,763,167.53 from ¥72,837,777.33[10]. - Net profit from investments is CNY 5,627,743.87, significantly higher than CNY 1,059,146.47 in the previous period[23].