Group 1: Company Overview - The company has a traditional business model with a single vehicle value range of 500 to 800 RMB for fluid pipelines [2] - The highest value product per vehicle is the pipeline assembly [3] - The company has a three-year strategic plan focusing on core business areas [2] Group 2: Product Offerings - In the thermal management sector, the company provides water-side assemblies and key components such as water tanks, flow plates, and multi-way valves [3] - The company manufactures quick-connect fittings using self-made molds and precision injection molding, with significant sales growth in recent years [3] - The company offers pipeline and connector products for energy storage, primarily using nylon pipes and injection-molded products [3] Group 3: Sensor Procurement and Future Plans - The company primarily procures pressure sensors due to the increasing demand for integrated delivery from vehicle manufacturers [3] - There is a strong interest in investing in sensor companies, particularly those with key sensing materials and core design capabilities [3] - The estimated value of all types of sensors per vehicle exceeds 1,000 RMB [3] Group 4: Business Performance and Profitability - The energy storage business has made breakthroughs but currently represents a low percentage of overall revenue, requiring further customer technical validation for growth [3] - The profit margin for nylon pipe production is relatively high due to high automation levels and competitive advantages [4]

Core Viewpoint - Pengling Co., Ltd. reported that as of October 31, 2025, the total number of shareholders is 30,277 [2] Summary by Category - **Company Information** - The total number of shareholders for Pengling Co., Ltd. is projected to be 30,277 by October 31, 2025 [2]

Core Points - The Shanghai Composite Index is currently at 3993.52 points, slightly below the half-year line with a change of -0.09% [1] - A total of 66 A-shares have surpassed the half-year line today, with notable stocks showing significant deviation rates [1] Group 1: Stock Performance - The stock with the highest deviation rate is Libang Instruments, with a deviation rate of 14.95% and a daily increase of 16.28% [1] - Tax Friend Co. and Founder Motor follow with deviation rates of 6.81% and 6.27%, respectively, both showing daily increases of 10.00% and 9.98% [1] - Other notable stocks include Cuihua Jewelry and Furuite Equipment, with deviation rates of 4.94% and 4.50% respectively [1] Group 2: Trading Volume and Market Activity - The total trading volume of A-shares today reached 10089.87 billion yuan [1] - The turnover rate for Tax Friend Co. is notably high at 46.64%, indicating strong trading activity [1] - Other stocks with significant turnover rates include Libang Instruments at 10.82% and Cuihua Jewelry at 8.21% [1]

Core Insights - Pengling Co., Ltd. (300375.SZ) released its Q3 2025 financial report, indicating a total of 25.6936 million shares held by three institutional investors, representing 3.38% of the company's total share capital [1] Institutional Holdings - The institutional investors include Hebei Xinhua Eurasia Auto Parts Group Co., Ltd., BARCLAYS BANK PLC, and CITIC Securities Asset Management (Hong Kong) Limited - Client Funds, with a total institutional holding ratio increase of 0.20 percentage points compared to the previous quarter [1] Public Fund Activity - In this period, 29 public funds were not disclosed compared to the previous quarter, including notable funds such as CSI 2000, Boda Yuanhang Mixed A, Morgan Dynamic Multi-Factor Mixed A, Boda Wubai Zhihang A, and Southern CSI 2000 ETF [1] Foreign Investment Trends - One foreign fund, BARCLAYS BANK PLC, increased its holdings by 0.10% compared to the previous quarter, while a new foreign institution, CITIC Securities Asset Management (Hong Kong) Limited - Client Funds, was disclosed this period [1]

Core Viewpoint - Pengling Co., Ltd. reported a revenue of 1.96 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 16.37%, while the net profit attributable to shareholders decreased by 39.61% to 46.72 million yuan [1][2]. Financial Performance - The basic earnings per share for the reporting period was 0.06 yuan, with a weighted average return on equity of 2.05% [2]. - The company's gross margin for the first three quarters was 19.23%, down 1.09 percentage points year-on-year, and the net margin was 2.31%, a decrease of 2.28 percentage points compared to the same period last year [2]. - In Q3 2025, the gross margin was 18.64%, down 1.10 percentage points year-on-year and down 1.01 percentage points quarter-on-quarter, while the net margin increased to 2.83%, up 0.59 percentage points year-on-year and up 2.30 percentage points quarter-on-quarter [2]. Expense Analysis - Total operating expenses for Q3 2025 were 323 million yuan, an increase of 52.66 million yuan year-on-year, with an expense ratio of 16.49%, up 0.43 percentage points from the previous year [2]. - Breakdown of expenses showed that selling expenses increased by 26.34%, administrative expenses by 23.86%, R&D expenses by 5.12%, and financial expenses by 37.04% [2]. Shareholder Information - As of the end of Q3 2025, the total number of shareholders was 31,000, a decrease of 4,277 (12.12%) from the end of the previous half-year, while the average market value per shareholder increased by 10.87% from 109,400 yuan to 121,300 yuan [2]. Company Overview - Tianjin Pengling Group Co., Ltd. is located in the Binhai New Area of Tianjin and was established on October 24, 1988, with its listing date on January 27, 2014 [3]. - The company's main business involves the design, development, production, and sales of automotive fluid pipelines and sealing components, with revenue composition being 69.39% from automotive fluid pipelines and assemblies, 29.62% from sealing components and assemblies, and 0.99% from other sources [3]. - The company is classified under the automotive industry, specifically in the automotive parts sector, focusing on chassis and engine systems [3].

章 程 二〇二五年十月 1 天津鹏翎集团股份有限公司章程 目 录 2 天津鹏翎集团股份有限公司 第一章 总则 第二章 经营宗旨和范围 第三章 股份 第一节 股份发行 第二节 股份增减和回购 第三节 股份转让 第四章 股东和股东会 第一节 股东的一般规定 第二节 控股股东和实际控制人 第三节 股东会的一般规定 第四节 股东会的召集 第五节 股东会的提案与通知 第六节 股东会的召开 第七节 股东会的表决和决议 第五章 董事会 第一节 董事 第二节 董事会 第三节 独立董事 第四节 董事会专门委员会 第六章 总裁（总经理）及其他高级管理人员 第七章 财务会计制度、利润分配和审计 第一节 财务会计制度 第二节 内部审计 第三节 会计师事务所的聘任 第八章 通知与公告 第一节 通知 第二节 公告 第九章 合并、分立、增资、减资、解散和清算 第一节 合并、分立、增资和减资 第二节 解散和清算 第十章 修改章程 第十一章 附则 第一章 总则 第一条 为维护公司、股东和债权人的合法权益，规范公司的组织和行为，根据《中华人 民共和国公司法》（以下简称《公司法》）、《中华人民共和国证券法》（以下简称《证券法》） 和其他有关规定， ...

天津鹏翎集团股份有限公司章程修正案 天津鹏翎集团股份有限公司 二〇二五年十月二十八日 1 修订情况对照表（2025 年 10 月） 天津鹏翎集团股份有限公司章程（以下简称"公司"）2025 年 10 月 27 日召 开第九届董事会第十三次（临时）会议，根据《公司法》《证券法》《深圳证券 交易所创业板股票上市规则》《深圳证券交易所上市公司自律监管指引第 2 号 ——创业板上市公司规范运作》《上市公司章程指引》等法律法规、规范性文件 的规定，公司于 2025 年 9 月 15 日办理了 2024 年限制性股票激励计划（以下 简称"本次激励计划"或"本激励计划"）首次授予的限制性股票第一个归属期股份 登记工作。公司注册资本由人民币 755,378,818 元变更为人民币 759,738,818 元，股份总数由 755,378,818 股变更为 759,738,818 股。公司对《公司章程》 进行了修订，修订后的《公司章程》需经公司股东会审议通过后方可生效，章程 修订情况对照如下表： | 修订前《公司章程》条款 | | 修订后《公司章程》条款 | | 修订原因 | | --- | --- | --- | --- | ...

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。 天津鹏翎集团股份有限公司（以下简称"公司"或"鹏翎股份"）于2025年10 月27日召开第九届董事会第十三次（临时）会议审议通过了《关于修订<公司章 程>的议案》，本议案尚需提交公司股东会审议。现将有关情况公告如下： 一、注册资本变更情况 公司于2025年9月15日办理了2024年限制性股票激励计划（以下简称"本次 激励计划"或"本激励计划"）首次授予的限制性股票第一个归属期股份登记工 作。本次归属期股份登记前，公司已收到44名限制性股票激励对象缴纳的认购款 人民币9,369,640.00元，其中新增股本人民币4,360,000元，资本公积（股本溢 价）人民币5,009,640.00元，增加后股本为759,738,818元。信永中和会计师事 务所（特殊普通合伙）已对公司本次归属事项进行验资，并于2025年9月11日出 具《验资报告》（XYZH/2025JNAS1B0186号）。本次归属期股份登记完成后， 公司注册资本将由人民币755,378,818元变更为759,738,818元。 根据《中华人民共和国公司法》《 ...

修订后的《未来三年（2025-2027 年）股东分红回报规划》需经公司股东 大会审议通过后方可生效，具体修订情况对照如下表： | 修订前 | 修订后 | | --- | --- | | 为进一步完善和健全天津鹏翎集团股份有 | 为进一步完善和健全天津鹏翎集团股份有限 | | 限公司（以下简称"公司"）科学、持续、 | 公司（以下简称"公司"）科学、持续、稳 | | 稳定的分红机制，积极回报投资者，保护投 | 定的分红机制，积极回报投资者，保护投资 | | 资者的合法权益，引导投资者建立长期投资 | 者的合法权益，引导投资者建立长期投资和 | | 和价值投资理念，根据《中华人民共和国公 | 价值投资理念，根据《中华人民共和国公司 | | 司法》（以下简称"《公司法》"）、中国 | 法》（以下简称"《公司法》"）、中国证 | | 证券监督管理委员会《关于进一步落实上市 | 券监督管理委员会《上市公司监管指引第 3 | | 公司现金分红有关事项的通知》《上市公司 | 号——上市公司现金分红（2025 年修订）》 | | 监 管 指 引 第 号 — 上 市 公 司 现金 分 红 3 | 等法律法规及规范性文件，以及《 ...

天津鹏翎集团股份有限公司 为进一步完善和健全天津鹏翎集团股份有限公司（以下简称"公司"）科学、 持续、稳定的分红机制，积极回报投资者，保护投资者的合法权益，引导投资者 建立长期投资和价值投资理念，根据《中华人民共和国公司法》（以下简称"《公 司法》"）《上市公司监管指引第 3 号——上市公司现金分红（2025 年修订）》等 法律法规及规范性文件，以及《天津鹏翎集团股份有限公司章程》（以下简称"《公 司章程》"）中关于公司分红政策的相关规定，结合公司实际情况，特制定《天 津鹏翎集团股份有限公司未来三年（2025-2027 年）股东分红回报规划》（以下 称"本规划"），具体内容如下： 一、本规划制定的考虑因素 公司着眼于长远发展和持续发展，综合考虑公司经营发展实际情况、充分考 虑全体股东特别是中小股东的要求和意愿、公司目前及未来的盈利规模、现金流 量情况、企业实际情况和发展目标、社会资金成本、外部融资环境等因素的基础 上，建立对投资者持续、稳定、科学的回报规划与机制，保持利润分配政策的连 续性和稳定性。 二、本规划的制定原则 （一）公司实施积极的利润分配政策，重视对投资者的合理投资回报，并保 持现金分红的连续性和 ...