Core Viewpoint - 德尔股份 has shown significant growth in its performance, particularly in the electric vehicle sector, driven by innovative product development and a global expansion strategy [1][2]. Group 1: Company Overview - 德尔股份 initially focused on automotive steering pumps and has gained high market recognition and share in this field [1]. - The company has diversified its product line to include transmission oil pumps, electronic pumps, electro-hydraulic steering pumps, motors, and hydraulic retarders, enhancing revenue and economic efficiency [1]. - In 2017, 德尔股份 acquired German company Kakuisi, adding noise, vibration, and harshness (NVH), thermal insulation, and lightweight products to its portfolio, marking the beginning of its global expansion [1]. Group 2: Financial Performance - In the first half of 2025, 德尔股份 achieved operating revenue of 2.441 billion yuan, a year-on-year increase of 6.72% [1]. - The net profit attributable to shareholders reached 50.87 million yuan, reflecting a substantial year-on-year growth of 178.09% [1]. Group 3: Market Strategy - The company's revenue growth in the first half of the year was primarily driven by a 74.1% increase in revenue from supporting electric vehicle products, which improved the overall revenue structure [2]. - 德尔股份 has established partnerships with numerous well-known automotive manufacturers, including Mercedes-Benz, BMW, Porsche, Audi, Volkswagen, Ford, General Motors, and others, positioning itself as a strategic partner for global automakers [2]. Group 4: Globalization and Supply Chain - The company has developed a localized supply chain system in the European and American markets, enabling "local R&D, local production, and local supply" [3]. - This global production layout helps mitigate tariff impacts and reduces reliance on a single market, thereby diversifying risks [3]. - 德尔股份 is also monitoring the trend of domestic automakers establishing production bases abroad, leveraging its established capacity in the European and American markets to meet related product demands [3]. Group 5: Solid-State Battery Development - The company is focusing on solid-state battery technology, primarily using oxide electrolyte technology, which has demonstrated high safety and performance in various tests [3]. - 德尔股份' solid-state batteries are designed to operate effectively at high temperatures and are produced using mature coating processes, facilitating mass production [3]. - Potential downstream customers for the solid-state batteries include new energy vehicle manufacturers, with applications also being explored in humanoid robots, two-wheeled electric vehicles, energy storage, and consumer products [3].

Group 1: Financial Performance - In the first half of 2025, the company achieved operating revenue of 244,110.15 million yuan, representing a growth of 6.72% year-on-year [1] - The net profit attributable to shareholders reached 5,087.06 million yuan, showing a significant increase of 178.09% compared to the previous year [1] - The revenue from new energy vehicle products increased by 74.1% year-on-year, contributing to overall revenue growth and improved revenue structure [1] Group 2: Strategic Acquisitions - The acquisition of Cactus in 2017 was aimed at ensuring sustainable business growth by expanding the product line with noise reduction, thermal insulation, and lightweight products [3] - Cactus's clientele primarily consists of leading OEMs in Europe and the United States, which helps the company expand from a domestic market to a global one, enhancing competitiveness and risk resilience [3] Group 3: Global Operations - The company has established international production and R&D bases in countries such as the USA, Mexico, Germany, Spain, Belgium, Poland, and Slovakia [4] - The global production layout allows the company to embed its supply chain deeply into the European and American markets, forming a closed-loop supply chain system [4] - Localized production and sales reduce dependency on a single market and mitigate risks while shortening product supply cycles [4] Group 4: Client Relationships - The company is a first-tier supplier to major automotive manufacturers including Mercedes-Benz, BMW, Porsche, Audi, Volkswagen, Ford, General Motors, and others [5] - It has established strategic partnerships with numerous domestic and international automakers, with most products supplied directly to these manufacturers [5] Group 5: Battery Technology - The company has proactively engaged in solid-state battery projects since 2017, recognizing the significant market value of this technology [7] - Solid-state batteries are positioned as a horizontal expansion of the company's automotive parts product categories, aligning with the trend of electrification in the automotive industry [7] - The solid-state batteries utilize oxide electrolyte technology, offering high safety standards and excellent thermal performance [7]

Core Viewpoint - Del's impressive performance in the automotive parts industry is driven by its global strategy and continuous investment in the new energy sector, achieving significant revenue and profit growth in the first half of 2025 [1][2]. Financial Performance - In the first half of 2025, the company reported revenue of 2.441 billion yuan, a year-on-year increase of 6.72% [1]. - The net profit attributable to shareholders reached 50.8706 million yuan, marking a substantial year-on-year growth of 178.09% [1]. - Revenue from new energy vehicle products amounted to 293 million yuan, reflecting a 74.12% increase and accounting for 12.01% of total revenue [1]. Strategic Initiatives - The acquisition of German company Kakuisi in 2017 marked the beginning of Del's globalization efforts, enhancing its presence in the European and American markets [1]. - Kakuisi's integration into the market has led to improved performance through close collaboration with clients and optimization of organizational and supply chain structures [1]. - The establishment of a new energy vehicle division in Kakuisi in 2021 has driven the development of various products, including battery flame retardant covers and electromagnetic shielding covers [1]. Innovation and Technology Development - Continuous innovation is central to the rapid deployment of Del's new energy products, with a focus on a "develop one generation, apply one generation" strategy [2]. - As of June 2025, the company holds a total of 625 intellectual property rights, including 570 patents and 55 software copyrights [2]. - Del has been actively developing solid-state battery technology since 2018, with significant progress in technology iteration and industrialization [2]. - The establishment of a sample production line for solid-state batteries in Shanghai and the creation of Del Energy Technology (Huzhou) Co., Ltd. are key steps in accelerating the industrialization process [2]. - The solid-state battery has passed UN38.3 certification, meeting international transport safety standards, and is ready for global delivery [2]. Future Outlook - The company's high-quality performance growth is attributed to its global layout advantages, rapid growth in new energy vehicle-related businesses, and cost reduction measures [2]. - The steady advancement of solid-state battery industrialization is expected to further enhance the company's development potential and market competitiveness [2].

Core Viewpoint - The company has established a solid-state battery sample pilot production line in Shanghai and is accelerating the construction of a pilot line, with plans for mass production based on customer and product development progress and market demand [1] Group 1 - The company has built a solid-state battery sample pilot production line in Shanghai [1] - The company is currently speeding up the construction of the pilot line [1] - After the pilot line is operational, the company will plan and implement mass production lines gradually based on customer needs and market demand [1]

Group 1 - The company, Del Shares, announced on August 28 that it will provide a guarantee for its wholly-owned subsidiary, Shenzhen Southern Del Automotive Electronics Co., Ltd. [1] - After this guarantee, the total amount of guarantees provided by the company and its wholly-owned subsidiaries over the past twelve months will reach RMB 256 million, which accounts for 16.44% of the company's most recent audited net assets and 6.92% of the company's most recent audited total assets [1]

Group 1 - The company reported a revenue of 2.441 billion yuan for the first half of 2025, representing a year-on-year growth of 6.72% [1] - The net profit attributable to shareholders of the listed company was 50.8706 million yuan, showing a significant year-on-year increase of 178.09% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 48.5602 million yuan, with a year-on-year growth of 215.47% [1] - The basic earnings per share were 0.3370 yuan [1]

Group 1 - The core point of the article is that Del's shares (300473) announced on the evening of August 27 that the company and its subsidiaries have no other external guarantees, no overdue guarantees, and no amounts related to guarantees involved in litigation or losses due to being judged against [1] Group 2 - The announcement emphasizes the financial stability of the company by confirming the absence of external guarantees and overdue guarantees [1] - The company reassures investors by stating there are no litigation-related guarantee amounts or losses due to adverse judgments [1]

Core Viewpoint - Del Shares (300473.SZ) reported a revenue of 2.441 billion yuan for the first half of 2025, reflecting a year-on-year growth of 6.72% [1] - The net profit attributable to shareholders reached 50.87 million yuan, marking a significant year-on-year increase of 178.09% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 48.56 million yuan, showing a year-on-year growth of 215.47% [1] - Basic earnings per share stood at 0.337 yuan [1]

Core Viewpoint - The company, Del Corporation, emphasizes the high safety and thermal stability of its solid-state batteries, which utilize an oxide electrolyte route [2] Group 1: Safety Features - The solid-state batteries have passed various safety tests, including puncture, heating, and overcharging tests [2] - The batteries have also received UN38.3 certification, confirming their stability and safety during maritime and air transport [2] Group 2: Thermal Performance - The solid-state batteries can operate continuously under high-temperature conditions due to natural heat dissipation [2] - The manufacturing process of the solid-state batteries employs a mature coating technology, which is simple and conducive to mass production [2]

阜新德尔汽车部件股份有限公司（以下简称"公司"）于2025年8月26日召开 第五届董事会第十二次会议，审议通过了《关于公司2025年半年度报告及其摘要 的议案》。 为使投资者全面了解公司2025年半年度的经营成果、财务状况及未来发展规 划，公司《2025年半年度报告》《2025年半年度报告摘要》于2025年8月28日在中 国证监会指定的创业板信息披露网站巨潮资讯网（http://www.cninfo.com.cn） 上披露，敬请投资者注意查阅。 特此公告。 证券代码：300473 证券简称：德尔股份 公告编号：2025-063 阜新德尔汽车部件股份有限公司 2025年半年度报告披露提示性公告 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。 阜新德尔汽车部件股份有限公司 董 事 会 2025年8月28日 ...