证券代码：300473 证券简称：德尔股份 公告编号：2025-080 阜新德尔汽车部件股份有限公司 关于持股5%以上股东减持股份的预披露公告 持股5%以上股东上海戊戌资产管理有限公司-戊戌价值15号私募证券投资基 金保证向本公司提供的信息内容真实、准确、完整，没有虚假记载、误导性陈述 或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 阜新德尔汽车部件股份有限公司（以下简称"公司"）持股 5%以上股东上 海戊戌资产管理有限公司-戊戌价值 15 号私募证券投资基金（以下简称"戊戌 15 号基金"）持有公司股份 9,356,100 股（占公司总股本比例 6.20%）。戊戌 15 号基金计划在本公告披露之日起 15 个交易日后的三个月内分别以大宗交易方 式减持公司股份数量合计不超过 3,000,000 股，即不超过公司总股本的 1.9871%； 以集中竞价方式减持公司股份数量合计不超过 1,500,000 股，即不超过公司总股 本的 0.9936%。合计减持股数不超过 450 万股，减持比例不超过公司总股本的 2.98%。戊戌 15 号基金已获得中国证券投资基金业协会备案 ...

德尔股份(300473.SZ)公告称，持股5%以上股东戊戌15号基金因自身资金需求，计划自公告披露之日起 15个交易日后的3个月内，通过大宗交易和集中竞价方式合计减持不超过450万股，即不超过公司总股本 的2.98%。其中，大宗交易方式减持不超过300万股（占总股本1.9871%），集中竞价方式减持不超过 150万股（占总股本0.9936%）。 ...

Summary of Key Points Core Viewpoint - On December 2, various brokerages provided target prices for listed companies, with notable increases in target prices for companies in the battery, liquor, and automotive parts industries, indicating potential investment opportunities in these sectors [1][2]. Target Price Increases - The companies with the highest target price increases are: - Xianhui Technology: Target price increased by 42.61% to 84.00 CNY [2][6] - Guizhou Moutai: Target price increased by 42.06% to 2040.00 CNY [2][6] - Del's Shares: Target price increased by 36.94% to 38.59 CNY [2][6] - Other companies with significant target price increases include: - Rongqi Technology: 35.39% increase to 96.11 CNY [2][6] - New Industry: 32.09% increase to 78.00 CNY [2][6] - Aladdin: 26.77% increase to 17.00 CNY [2][6] - Tianyue Advanced: 14.44% increase to 96.00 CNY [2][6] Brokerage Recommendations - A total of 15 listed companies received brokerage recommendations on December 2, with companies like Mengbaihe, Aladdin, and Jiuzhou Pharmaceutical each receiving one recommendation [2][6]. - The companies receiving the highest number of recommendations include: - Mengbaihe: Rated "Increase" by Industrial Securities [4][8] - Jiuzhou Pharmaceutical: Rated "Buy" by Xiangcai Securities [4][8] - Del's Shares: Rated "Buy" by Northeast Securities [4][8] - Minshida: Rated "Increase" by Bohai Securities [4][8] Rating Adjustments - On December 2, one company had its rating upgraded: - China Resources Sanjiu: Rating upgraded from "Increase" to "Buy" by Western Securities [3][7]. - A total of 9 companies received first-time coverage from brokerages, indicating growing interest in these firms [3][7].

本次交易构成关联交易，交易对方上海德迩及兴百昌合伙为上市公司实际控制人李毅控制的企业。交易 完成后，上市公司控股股东仍为德尔实业，实际控制人仍为李毅，控制权未发生变化。 南方财经12月3日电，德尔股份（证券代码：300473.SZ）公告，公司拟向上海德迩实业集团有限公司发 行股份购买其持有的爱卓科技70%股权，交易对价为269,999,998.80元，发行价格为14.15元/股，发行数 量为19,081,272股。公司同时以零对价受让上海兴百昌企业管理咨询合伙企业（有限合伙）持有的爱卓 科技30%股权。本次交易完成后，爱卓科技将成为上市公司全资子公司。 ...

Core Insights - On December 2, 2023, brokerage firms provided target prices for listed companies, with notable increases for Xianhui Technology, Kweichow Moutai, and Delong股份, showing target price increases of 42.61%, 42.06%, and 36.94% respectively, across the battery, liquor, and automotive parts industries [1][2]. Target Price Increases - The companies with the highest target price increases are: - Xianhui Technology (688155) with a target price of 84.00 and an increase of 42.61% [2] - Kweichow Moutai (600519) with a target price of 2040.00 and an increase of 42.06% [2] - Delong股份 (300473) with a target price of 38.59 and an increase of 36.94% [2] - A total of 15 listed companies received brokerage recommendations on December 2, with Mengbaihe, Aladdin, and Jiuzhou Pharmaceutical each receiving one recommendation [2]. Rating Adjustments - On December 2, one company had its rating upgraded, specifically China Resources Sanjiu (0009999), which was upgraded from "Hold" to "Buy" by Western Securities [3][4]. First-Time Coverage - Nine companies received first-time coverage from brokerages on December 2, including: - Mengbaihe (603313) rated "Hold" by Industrial Securities [5] - Jiuzhou Pharmaceutical (603456) rated "Buy" by Xiangcai Securities [5] - Delong股份 (300473) rated "Buy" by Northeast Securities [5] - Others include Minshida, Tongfu Microelectronics, Xianhui Technology, Rongqi Technology, Tianyue Advanced, and Beifang Huachuang, all receiving various ratings [5].

Investment Rating - The report assigns a "Buy" rating for the company, with a target price of 38.59 CNY based on a 32 times PE valuation for the estimated earnings per share in 2026 [5]. Core Insights - The company is actively developing its core automotive parts business and is well-positioned to benefit from the growth of solid-state batteries [3]. - The company has established strong partnerships with major automotive manufacturers globally, enhancing its market presence [1]. - The acquisition of Aizhuo Technology is expected to broaden the product structure and enhance growth momentum [2]. Summary by Sections Company Overview - The company, established in 2004, is a comprehensive provider of automotive parts, focusing on R&D, manufacturing, and sales [1]. - It has diversified its product offerings into three main categories: noise reduction and thermal insulation products, electric pumps and motors, and automotive electronics [1]. Business Development - The company has successfully developed materials specifically for electric vehicles, achieving a revenue of 29.31 million CNY in the first half of 2025, representing a year-on-year growth of 74.12% [2]. - The acquisition of a 70% stake in Aizhuo Technology aims to enhance product intelligence and expand the company's capabilities in automotive components [2]. Solid-State Battery Initiatives - The company is focusing on solid-state batteries, primarily using oxide electrolyte technology, which has passed various safety tests and certifications [3]. - A strategic cooperation agreement with Jiangxi Jiangling Group for solid-state battery projects is in place, indicating a commitment to advancing this technology [3]. - The company is investing in pilot production lines for solid-state batteries, with plans for mass production in the future [3]. Financial Projections - Revenue projections for 2025-2027 are estimated at 4.96 billion CNY, 5.43 billion CNY, and 5.95 billion CNY, respectively, with net profits expected to reach 116 million CNY, 182 million CNY, and 249 million CNY [4]. - The company anticipates a significant increase in profitability, with net profit growth rates of 256.62% in 2025 and 57.46% in 2026 [4].

（文章来源：证券日报） 证券日报网讯 11月28日，德尔股份在互动平台回答投资者提问时表示，公司在定期报告中会披露对应 时点的股东数量相关信息，具体请查阅公司定期报告。 ...

证券代码：300473 证券简称：德尔股份 公告编号：2025-079 阜新德尔汽车部件股份有限公司 关于召开 2025 年第二次临时股东大会的提示性公告 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（以下简称"公司"）定于 2025 年 12 月 04 日（星期四）召开公司 2025 年第二次临时股东大会，本次股东大会通知已于 2025 年 11 月 14 日在中国证监会指定的创业板信 息披露网站上刊登，本次股东大会采取现场投票和网络投票相结合的方式召开，现将本次股东大会有关 事项提示如下： 一、召开会议的基本情况 1、股东会届次：2025 年第二次临时股东大会 3、会议召开的合法、合规性：公司第五届董事会第十六次会议审议通过了《关于提请召开公司 2025 年第二次临时股东大会的议案》，决定召开股东大会，召集程序符合有关法律、行政法规、部门规 章、规范性文件和公司章程的规定。 4、会议时间： （1）现场会议时间：2025 年 12 月 04 日 14:30 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2 ...

Group 1: Market Trends - The pace of new listings has slowed, with 12 new private placement projects added in the last two weeks, a decrease of 10 projects compared to the previous period[2] - The number of terminated projects also decreased by 8, totaling 8 terminations in the same period[2] - The number of projects approved by the review committee increased by 5, totaling 12 approvals, while the number of projects registered by the CSRC decreased by 13, totaling 2 registrations[2] Group 2: Project Analysis - Fangzheng Technology plans to raise up to 1.98 billion CNY for an AI and high-density interconnect circuit board project, expected to generate an annual output value of approximately 2 billion CNY[2] - Deler Co. intends to acquire 100% of Aizhuo Technology and raise 0.83 billion CNY for smart upgrades, with the target company's valuation at 270 million CNY, reflecting a 203.33% increase[2][26] Group 3: Pricing and Discount Rates - The average base discount rate for the newly listed projects was approximately 14.34%, with a market price discount rate of 21.94% for the only competitive project listed in the last two weeks[30] - The average market price discount rate for two pricing projects was 48.99%[31] Group 4: Lock-up Period Returns - Among the three competitive projects that were unlocked, two had positive returns, with an average absolute return of 21.56% and an average excess return of -22.25%[42] - The average market price discount rate for these projects was 11.04%, indicating a slight increase from the previous period[42] Group 5: Risk Factors - Risks include slower-than-expected progress in private placement reviews, fluctuations in secondary market stock prices, and changes in the market environment for private placement pricing[49]

Group 1: Market Trends - The pace of new public offerings has slowed, with 12 new projects added in the last two weeks, a decrease of 10 projects compared to the previous period[6] - The number of terminated projects also decreased by 8, totaling 8 terminations in the same period[6] - There are currently 624 projects in the normal review stage, with 67 projects having passed the review and registration, an increase of 10 projects[6] Group 2: Project Analysis - Fangzheng Technology plans to raise up to 1.98 billion CNY for an AI and high-density interconnect circuit board project, expected to generate an annual output value of approximately 2 billion CNY[23] - Deler Co. intends to acquire 100% of Aizhuo Technology and raise 83 million CNY for smart upgrades, with the target company's valuation at 270 million CNY, reflecting a 203.33% increase[25] Group 3: Fundraising and Pricing - In the last two weeks, three projects were listed, raising a total of 786 million CNY, a 96.47% decrease from the previous period[30] - The average market price discount rate for two fixed-price projects was 48.99%[31] - The average bid premium rate for Changbai Mountain was 9.27%, with a bid success rate of 77.78%[38] Group 4: Unlocking Gains - Among three newly unlocked bidding projects, 66.67% had positive returns, a decrease of 33.33 percentage points from the previous period[42] - The average absolute return on the unlocking day for these projects was 21.56%, marking a decline of 6.09 percentage points[42] - For four fixed-price projects, the average absolute return on the unlocking day was 92.33%, with a 100% success rate[46] Group 5: Risk Factors - Risks include slower-than-expected review progress, fluctuations in secondary market stock prices, and changes in the market environment for fundraising bids[48]