（文章来源：证券日报） 证券日报网讯鑫铂股份11月3日在互动平台回答投资者提问时表示，截至2025年10月20日公司股东总人 数为18，742户。 ...

Core Viewpoint - Anhui Zhian Xinchuan Technology Co., Ltd. has been established with a registered capital of 50 million yuan, focusing on integrated circuit design, manufacturing, and sales [1] Company Summary - The company is involved in various aspects of integrated circuits, including design, manufacturing, and sales of integrated circuit chips and products [1] - The ownership structure indicates that the company is jointly held by Xinbo Co., Ltd. (stock code: 003038) among others [1]

Core Viewpoint - Xinbo Co., Ltd. is facing significant operational challenges, with a notable decline in revenue and net profit, alongside increasing debt levels and shareholder actions indicating a lack of confidence in the company's future performance [1][3]. Financial Performance - In the first three quarters of the year, Xinbo reported revenue of 6.18 billion, a slight decrease of 0.09% year-on-year, and a net profit of 0.07 billion, down 95.12% year-on-year, nearing a loss [1]. - The company anticipates revenue of 8.57 billion in 2024, representing a year-on-year growth of 25.67%, but expects net profit to decline by 44.32% to 0.168 billion [3]. Shareholder Actions - Major shareholders, including the controlling shareholder Tang Kaijian, have pledged 30%-70% of their shares, and there has been a significant reduction in holdings, with 2.85 million shares sold [2][3]. Debt and Financing - Since its IPO in early 2021, Xinbo has raised approximately 2.14 billion through various financing methods, yet its interest-bearing debt has surged, with short-term loans increasing from over 0.1 billion to 5.4 billion, resulting in a debt ratio exceeding 70% [3][11]. - Despite financial strain, the company has allocated 0.1 billion for share buybacks aimed at incentivizing middle and senior management [4][15]. Operational Challenges - Xinbo's operating cash flow has been negative for four consecutive years, and the company has made questionable decisions, such as acquiring assets from Chery New Energy at a 7x premium, which are barely profitable [3][12]. - The company is expanding its production capacity in the automotive lightweight sector, with a projected capacity of 400,000 to 450,000 tons across various segments by 2024 [8]. Future Prospects - The company plans to invest in new projects, including a 3.2 billion investment in a new aluminum frame project, expected to reach production in the second half of 2025 [7]. - However, the slow ramp-up of production and long lead times for major clients are hindering the expected growth in the new energy vehicle sector, adversely affecting cash flow [10].

Core Viewpoint - Xinbo Co., Ltd. is facing significant operational challenges, with a notable decline in revenue and profit margins, alongside increasing debt levels and questionable strategic decisions [2][4][5]. Financial Performance - In the first three quarters of this year, Xinbo reported a revenue of 6.18 billion, a slight decrease of 0.09% year-on-year, and a net profit of 0.07 billion, down 95.12% year-on-year, nearing a loss [2][5]. - The company anticipates a revenue of 8.57 billion in 2024, representing a year-on-year growth of 25.67%, but expects a net profit of 0.168 billion, a decline of 44.32% [5]. - Since its IPO in early 2021, Xinbo has raised approximately 2.14 billion through direct financing, yet its interest-bearing debt has surged, with short-term loans increasing from 0.188 billion at the end of 2020 to 5.395 billion by Q3 2025, resulting in a debt ratio exceeding 72.64% [5][4]. Shareholder Actions - Major shareholders, including the controlling shareholder Tang Kaijian, have significantly pledged and reduced their holdings, with a total of 2.8479 million shares sold, impacting the company's stock stability [2][3]. - Despite financial strain, Xinbo has allocated around 0.1 billion for share buybacks aimed at incentivizing a select group of middle and senior management [8][4]. Strategic Decisions - Xinbo has engaged in continuous financing for expansion, yet its operating cash flow has been negative for four consecutive years, raising concerns about its financial health [9][11]. - The company made a controversial acquisition of automotive parts assets from Chery New Energy at a 7x premium, which has drawn scrutiny given its current financial struggles [4][14]. - Xinbo is diversifying into the robotics sector, forming a joint venture with Zhongxin Technology, despite its core business facing significant challenges [14]. Production Capacity and Future Outlook - Xinbo's production capacity across various segments, including recycled aluminum and automotive lightweight components, is projected to reach between 400,000 to 450,000 tons [10]. - The company has plans for new projects, including a 3.2 billion investment in a new aluminum frame project, with expected production ramp-up in 2025 [9][11].

Group 1 - The core point of the news is that Xinbo Co., Ltd. experienced a 5.09% decline in stock price, closing at 17.71 yuan per share, with a trading volume of 283 million yuan and a turnover rate of 9.50%, resulting in a total market capitalization of 4.316 billion yuan [1] - Xinbo Co., Ltd. is located in Tianchang City, Anhui Province, and was established on August 29, 2013, with its listing date on February 10, 2021. The company's main business involves the research, production, and sales of industrial aluminum profiles, components, and building aluminum profiles [1] - The revenue composition of Xinbo Co., Ltd. is as follows: 82.48% from new energy photovoltaic, 9.17% from other sources, and 8.35% from automotive lightweighting [1] Group 2 - According to data from the top ten heavy stocks of funds, one fund under Huaxia Fund holds a significant position in Xinbo Co., Ltd. The Huaxia Low Carbon Economy One-Year Holding Mixed A Fund (015229) held 605,000 shares in the second quarter, unchanged from the previous period, accounting for 6.48% of the fund's net value, ranking as the fifth-largest heavy stock [2] - The Huaxia Low Carbon Economy One-Year Holding Mixed A Fund was established on June 28, 2022, with a current scale of 132 million yuan. Year-to-date returns are 39.85%, ranking 2041 out of 8155 in its category; the one-year return is 12.84%, ranking 5253 out of 8029; and since inception, it has incurred a loss of 12.97% [2]

证券日报网讯10月27日晚间，鑫铂股份（003038）发布公告称，公司及其子公司不存在逾期对外担保或 涉及诉讼的对外担保及因担保被判决败诉而应承担损失金额的情形。 ...

证券代码：003038 证券简称：鑫铂股份 公告编号：2025-099 安徽鑫铂铝业股份有限公司 关于公司为子公司向银行申请授信额度提供最高额担保 的公告 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。 重要内容提示： ●被担保人名称：安徽鑫铂科技有限公司（以下简称"鑫铂科技"）。 ●本次新增担保金额合计人民币2,100.00万元。截至本公告披露日，安徽鑫铂 铝业股份有限公司（以下简称"公司"）对子公司鑫铂科技提供担保余额为 110,296.00万元；公司对所有子公司提供担保余额为342,302.87万元。 1 公司子公司鑫铂科技因业务发展需要，分别向中国银行股份有限公司滁州分 行申请流动资金贷款人民币1,500.00万元，以及向中国民生银行股份有限公司合 肥分行申请电子银行承兑汇票人民币1,200.00万元，其中存入保证金600.00万元。 公司为上述两笔贷款均提供连带责任保证，最高保证本金限额分别为7,000.00万 元和10,000.00万元，实际担保金额分别为1,500.00万元和600.00万元，相关《最 高额保证合同》近日已完成签署。 三、被担保人 ...

Core Viewpoint - The company has approved the temporary use of idle raised funds to supplement working capital, not exceeding RMB 100 million, ensuring it does not affect the progress of investment projects [9][12][13] Financial Data - The third quarter financial report has not been audited [3][8] - The company reported a net fundraising amount of RMB 869.26 million after deducting issuance costs [9] - The company has previously used idle funds of RMB 130 million and has fully returned it to the special account [11][12] Shareholder Information - The company disclosed a plan for the controlling shareholder to reduce shares, with a maximum of 3,724,392 shares, representing 1.54% of the total share capital [5] - As of October 17, 2025, the controlling shareholder has completed the reduction, totaling 2,847,859 shares, or 1.18% of the total share capital [5] Board Meeting - The third board meeting approved the third quarter report, affirming its accuracy and completeness [20][21] - The board also approved the use of idle funds for working capital, with unanimous support from all attending members [24][25] Risk Management - The company plans to engage in foreign exchange hedging to mitigate risks associated with currency fluctuations, with a limit of USD 8 million or equivalent [38][41] - The hedging activities will be conducted with qualified financial institutions and will not involve speculative trading [39][53]

Core Insights - Xinbo Co., Ltd. (003038) reported its Q3 2025 financial results, showing a revenue of 2.184 billion yuan, which represents a year-on-year growth of 8.21% [1] - The company experienced a net loss of 30.2524 million yuan in Q3 2025, marking a significant decline of 88.80% compared to the same period last year [1] Financial Performance - Revenue for Q3 2025 reached 2.184 billion yuan, reflecting an increase of 8.21% year-on-year [1] - Net profit for the same quarter was -30.2524 million yuan, indicating a decrease of 88.80% year-on-year [1]

国元证券股份有限公司 关于安徽鑫铂铝业股份有限公司 开展外汇套期保值业务的核查意见 国元证券股份有限公司（以下简称"国元证券"或"保荐人"）为安徽鑫铂 铝业股份有限公司（以下简称"公司"或"鑫铂股份"）2023 年向特定对象发行 的保荐人和持续督导机构，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 13 号——保 荐业务》《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》等有关规定，对鑫铂股份开展外汇套期保值业务事项进行了审慎的核查， 具体核查情况如下： 一、外汇套期保值业务的目的 为有效规避和防范外汇风险，降低汇率大幅波动对公司及子公司经营造成的 不利影响，增强财务稳健性。公司在不影响主营业务发展和资金使用安排的前提 下，拟使用自有资金与银行等金融机构开展外汇套期保值业务。 二、外汇套期保值业务的开展情况 三、开展外汇套期保值业务的风险 公司及控股子公司拟开展的外汇套期保值业务遵循稳健的原则，不进行以投 机为目的外汇交易，所有外汇套期保值业务均以具体经营需求为依托，以规避和 防范汇率风险为目的，但开展外汇套期保值业务仍存在 ...