上海市锦天城律师事务所 关于宁波双林汽车部件股份有限公司 2025 年第二次临时股东大会的 法律意见书 地址：上海市浦东新区银城中路 501 号上海中心大厦 9、11、12 层 电话：021-20511000 传真：021-20511999 邮编：200120 上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于宁波双林汽车部件股份有限公司 上海市锦天城律师事务所 法律意见书 2025 年第二次临时股东大会的 法律意见书 致：宁波双林汽车部件股份有限公司 上海市锦天城律师事务所（以下简称"本所"）接受宁波双林汽车部件股份有 限公司（以下简称"公司"）委托，就公司召开 2025 年第二次临时股东大会（以 下简称"本次股东大会"）的有关事宜，根据《中华人民共和国公司法》（以下简 称"《公司法》"）、《上市公司股东会规则》等法律、法规和其他规范性文件以 及《宁波双林汽车部件股份有限公司章程》（以下简称"《公司章程》"）的有关 规定，出具本法律意见书。 为出具本法律意见书，本所及本所律师依据《律师事务所从事证券法律业务 管理办法》和《律师事务所证券法律业务执业规则（试行）》等规定，严格履行 了法定职责，遵 ...

证券代码：300100 证券简称：双林股份 公告编号：2025-057 特别提示： 1、本次股东大会未出现否决议案的情形。 2、本次股东大会以现场表决与网络投票相结合的方式召开。 宁波双林汽车部件股份有限公司 2025 年第二次临时股东大会决议公告 本公司及董事会全体成员保证公告内容真实、准确和完整，并对公告中的 虚假记载、误导性陈述或者重大遗漏承担责任。 3、为了尊重中小投资者利益，提高中小投资者对公司股东大会决议重大事 项的参与度，本次股东大会审议影响中小投资者利益的重大事项时对中小投资者 的表决单独计票(中小投资者是指除以下股东之外的公司其他股东：(1)单独或者 合计持有公司 5%以上股份的股东；(2)持有公司股份的公司董事、监事、高级管 理人员)。 一、会议召开和出席情况 宁波双林汽车部件股份有限公司（以下简称"公司"）2025 年第二次临时股 东大会采取现场投票、网络投票相结合的方式召开，现场会议于 2025 年 6 月 16 日下午 14:00 在宁波市宁海县西店镇吉山村 666 号公司中央会议室召开，本次股 东大会由公司董事会召集，由董事长邬建斌先生主持。通过深圳证券交易所交易 系统进行网络投票 ...

宁波双林汽车部件股份有限公司 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。 证券代码：300100 证券简称：双林股份 公告编号：2025-056 关于 2022 年限制性股票激励计划 首次授予部分第三个归属期归属结果暨股份上市的公告 重要内容提示： 1、本次第二类限制性股票拟归属数量：608.72 万股（调整后），占归属前 上市公司总股本的比例为 1.09%；涉及激励对象 117 名，授予价格为 2.84 元/股 （调整后）。 2、本次第二类限制性股票归属股票来源：公司向激励对象定向发行本公司 A 股普通股股票。 3、本次归属股票上市流通日期：2025 年 6 月 19 日。 4、本次新增股票性质为无限售流通股。 宁波双林汽车部件股份有限公司（以下简称"公司"）于 2025 年 6 月 6 日 分别召开第七届董事会第十三次会议和第七届监事会第十次会议，审议通过了 《关于 2022 年限制性股票激励计划首次授予部分第三个归属期归属条件成就的 议案》。近日，公司已在中国证券登记结算有限责任公司深圳分公司办理完成本 次股份归属及上市的相关手续。现将有关事项公告如 ...

Investment Rating - The industry is rated as "Overweight" [6] Core Views - Multiple automakers have committed to shortening payment terms to within 60 days, which is expected to improve the automotive supply chain ecosystem [1] - The shortening of payment terms is anticipated to alleviate concerns regarding automakers' repayment capabilities and promote healthy industry development [1] - The average cash turnover rates for components, complete vehicles, and dealers in 2024 are projected to be 4.5, 2.2, and 8.9 respectively, with the new payment terms expected to enhance cash flow [1] - The reduction in payment terms aligns with international standards, potentially benefiting Chinese brands in overseas markets [2] - Price competition has paused, leading to a narrowing of discount rates, which is favorable for healthy competition within the industry [2] Summary by Sections Section 1: Impact of Shortened Payment Terms - The adjustment to a 60-day payment term is expected to have limited impact on the cash flow of complete vehicle manufacturers, as many currently operate with payment terms exceeding 110 days [2] - The new terms are expected to enhance the cash turnover ability and cash levels of upstream component manufacturers, with an estimated increase in cash funds of approximately 32 billion yuan (+37%) if accounts receivable turnover improves to 6 [3] Section 2: Export Growth of Domestic Passenger Vehicles - Domestic brands are leading in competitiveness within the market, driving foreign brands out [4] - In 2024, market shares for domestic brands in various price segments are projected to be 80%, 48%, and 42% respectively, with year-on-year increases of 7, 14, and 4 percentage points [4] - In May, domestic brand exports reached 375,000 units, a year-on-year increase of 18% and a month-on-month increase of 10% [4] - The global market is viewed as a significant growth opportunity for Chinese automakers, with a recommendation to focus on industry leaders with global competitiveness [4]

Industry Overview - The planetary roller screw is a high-precision transmission device widely used in aerospace, robotics, medical devices, and precision instruments, with increasing demand driven by rapid development in these sectors [1][14] - The global market size for planetary roller screws is projected to reach $4.4 billion in 2024, representing a year-on-year growth of 91.30% [1][14] - Domestic companies have achieved significant breakthroughs in technology, with leading manufacturers like Nanjing Technology and Qinchuan Machine Tool overcoming challenges in material heat treatment and precision grinding [1][14] Industry Development History - The industry has evolved through four main stages, starting from its inception in the 1950s to 1970s, followed by a technology exploration phase from the 1980s to 2010, an initial industrialization phase from 2010 to 2015, and a rapid development phase from 2016 to present [5][6] - The rapid development phase has seen the adoption of planetary roller screws in Tesla's Optimus robot, with each unit using 14 screws, significantly boosting market demand [6][12] Industry Supply Chain - The supply chain includes upstream raw materials (alloy steel, stainless steel), components (screws, nuts, rollers), and production equipment (grinding machines, heat treatment equipment) [9] - The downstream applications encompass humanoid robots, aerospace, new energy equipment, industrial automation, and automotive industries [9] Market Size - The demand for planetary roller screws is particularly high in the humanoid robot sector, where precision, load capacity, and reliability are critical [1][14] - The production of humanoid robots in China is expected to reach 1,940 units in 2024, marking a year-on-year increase of 139.51% [12] Key Companies' Performance - The competitive landscape is characterized by international giants dominating the high-end market, while domestic manufacturers are rapidly catching up in the mid-to-low-end segments [16] - Companies like Nanjing Technology and Qinchuan Machine Tool are making strides in precision and production capacity, with Nanjing Technology achieving G3-level precision and Qinchuan Machine Tool entering Tesla's supply chain [16][18] Industry Development Trends 1. **Technological Breakthroughs**: The industry is experiencing rapid advancements in material science and processing technology, with domestic companies achieving product lifespans exceeding 50 million cycles [22] 2. **Application Explosion**: The humanoid robot sector is a key driver of demand, with projections indicating that global humanoid robot production could reach 5 million units by 2030 [23] 3. **Industry Integration and Globalization**: Companies are enhancing competitiveness through vertical integration and global expansion, with notable mergers and acquisitions expected to accelerate the entry of domestic firms into high-end markets [25]

Core Viewpoint - The legal opinion letter from Shanghai Jintiancheng (Hangzhou) Law Firm confirms that Ningbo Shuanglin Automotive Parts Co., Ltd. has obtained necessary approvals for adjustments to the stock incentive plan, including changes in grant price and quantity, cancellation of unvested restricted stocks, and fulfillment of conditions for the third vesting period [1][6][13]. Summary by Sections Adjustments and Cancellations - The company has adjusted the grant price and quantity of the 2022 stock incentive plan, with the number of unvested restricted stocks being adjusted from 4.38 million to 6.132 million shares due to capital reserve transfers and stock dividends [7][8]. - A total of 44,800 shares from the 2022 incentive plan will be canceled due to one individual no longer meeting the eligibility criteria [10][13]. Vesting Conditions - The third vesting period for the stock incentive plan is set from June 16, 2025, to June 16, 2026, with specific performance conditions that must be met for the vesting to occur [11][12]. - The performance conditions include maintaining a net profit growth rate not lower than the target set for 2024, with the actual completion value required for full vesting being 326.43 million yuan [12]. Legal Compliance - The adjustments and cancellations have been approved in accordance with relevant regulations, including the Company Law, Securities Law, and the Management Measures for Equity Incentives [6][13]. - The legal opinion confirms that the actions taken do not harm the interests of the company or its shareholders, ensuring compliance with the applicable rules and guidelines [13].

宁波双林汽车部件股份有限公司监事会 关于 2022 年限制性股票激励计划首次授予部分第三个归属期 归属名单及 2024 年限制性股票激励计划首次授予部分 监事会同意公司为 2022 年限制性股票激励计划符合条件的 117 名激励对象办 理归属，对应限制性股票的归属数量为 608.72 万股（调整后）；同意公司为 2024 年限制性股票激励计划符合条件的 165 名激励对象办理归属，对应限制性股票的 归属数量为 849.52 万股（调整后）。上述事项符合相关法律、法规及规范性文件 所规定的条件，不存在损害公司及股东利益的情形。 特此公告。 宁波双林汽车部件股份有限公司 宁波双林汽车部件股份有限公司（以下简称"公司"）监事会根据《中华人民 共和国公司法》（以下简称"《公司法》"）、《上市公司股权激励管理办法》（以 下简称"《管理办法》"）等有关法律、法规、规范性文件以及《宁波双林汽车部 件股份有限公司章程》（以下简称"《公司章程》"）的有关规定，对公司 2022 年 限制性股票激励计划首次授予部分第三个归属期归属名单、2024 年限制性股票激 励计划首次授予部分第一个归属期归属名单进行审核，发表核查意见如下： 本 ...

本公司及监事会全体成员保证公告内容真实、准确、完整，没有虚假记 载、误导性陈述或者重大遗漏。 一、监事会会议召开情况 证券代码：300100 证券简称：双林股份 公告编号：2025-051 宁波双林汽车部件股份有限公司 宁波双林汽车部件股份有限公司（以下简称"公司"）第七届监事会第十次 会议通知于 2025 年 6 月 4 日以电子邮件和电话方式通知了各位监事，监事会于 实际参加表决的监事 3 名,符合《公司法》和《公司章程》的规定。 二、监事会会议审议情况 予但尚未归属限制性股票的议案》 经审议，公司监事会认为：公司 2022 年及 2024 年激励计划部分限制性股票 的作废符合《管理办法》、《深圳证券交易所创业板股票上市规则》（以下简称 "《上市规则》"）、公司《2022 年激励计划》《2024 年激励计划》中的相关 规定，不存在损害股东利益的情况，我们同意公司本次作废部分已授予但尚未归 属的限制性股票。 会议由监事会主席蔡行海先生主持，全体监事表决通过了以下议案： 及授予价格的议案》 经审核，公司监事会认为：因公司实施 2024 年年度利润分配方案，公司对 进行相应调整，符合《上市公司股权激励管理办法》 ...

2025 年 6 月 | 目录 | | --- | 公司简称：双林股份 证券代码：300100 上海荣正企业咨询服务（集团）股份有限公司 关于 宁波双林汽车部件股份有限公司 2022 年限制性股票激励计划首次授予部分第三 个归属期及 2024 年限制性股票激励计划首次 授予部分第一个归属期归属条件成就相关事项 之 独立财务顾问报告 | 一、释义 3 | | | | --- | --- | --- | | 二、声明 4 | | | | 三、基本假设 5 | | | | 四、股权激励计划的批准与授权 6 | | | | 五、独立财务顾问意见 9 | | | | （一）本次限制性股票授予数量及授予价格的调整情况 9 | | | | （二）激励对象符合归属条件的说明 | 10 | | | （三）2022 年激励计划首次授予部分第三个归属期可归属的具体情况 | | 13 | | （四）2024 年激励计划首次授予部分第一个归属期可归属的具体情况 | | 13 | | （五）结论性意见 14 | | | | 六、备查文件及咨询方式 15 | | | | （一）备查文件 15 | | | | （二）咨询方式 15 | | ...