Core Viewpoint - The stock of Yingboer experienced a decline of 1.60% on September 23, closing at 29.50 yuan, with a significant block trade occurring [1] Group 1: Stock Performance - Yingboer recorded a block trade with a total volume of 174,100 shares and a transaction value of 4.3717 million yuan [1] - The first transaction price was 25.11 yuan, with a total of 174,100 shares traded, resulting in a premium rate of -14.88% [1] - Over the past three months, the stock has seen a total of 21 block trades, amounting to a cumulative transaction value of 72.1445 million yuan [1] Group 2: Market Trends - In the last five trading days, Yingboer has experienced a cumulative decline of 3.97%, with a net outflow of main funds totaling 78.442 million yuan [1]

Core Viewpoint - The company, Yingboer (300681), announced the transfer of its 100% stake in Zhuhai Dingyuan New Energy Electric Research Institute Co., Ltd. to Zhuhai Xinchang Precision Manufacturing Co., Ltd. for a transaction price of RMB 238.90 million, aiming to optimize its asset structure and improve operational efficiency [1] Group 1 - The company aims to enhance asset operation efficiency and promote high-quality development through this transaction [1] - The transfer of ownership has been completed with the necessary business registration changes [1] - The company will follow relevant accounting standards for subsequent financial reporting related to this transaction [1]

Core Viewpoint - The company, Yingboer (300681), reported a significant increase in the shipment of its powertrain and power systems, indicating strong growth in the electric vehicle components market [1] Group 1: Product Performance - In the first half of 2025, the company shipped a total of 442,200 power assemblies, representing a year-on-year growth of 17.46% [1] - The company delivered 159,400 drive systems, with multi-in-one products experiencing a remarkable year-on-year growth of 185.47% [1] - The sales proportion of drive assemblies and power assemblies increased from 72.42% in the same period last year to 84.98% [1] Group 2: Market Position - The company ranks among the top domestic Tier 1 suppliers in terms of total sales of power assemblies, drive assemblies, multi-in-one drive assemblies, and motor controllers for new energy passenger vehicles [1] Group 3: Business Outlook - The revenue from the electric drive assembly business in the second half of the year is influenced by various factors, including industry cycles and customer order acquisition [1] - The company maintains close communication with relevant customers to monitor market dynamics and changes in demand [1]

Core Viewpoint - The announcement highlights a strategic partnership between Yingboer and Fengli Intelligent aimed at leveraging their respective strengths in various sectors, including new energy vehicles and intelligent manufacturing, to achieve mutual benefits and expand business opportunities [1] Group 1: Strategic Cooperation - Yingboer signed a strategic cooperation agreement with Fengli Intelligent on April 21, 2025, focusing on deep collaboration in fields such as new energy vehicles, joint modules, engineering machinery, eVTOL, and intelligent manufacturing [1] - The partnership aims to integrate Yingboer's competitive advantages in motor and electronic control with Fengli Intelligent's expertise in harmonic and planetary reducers, creating integrated product capabilities [1] Group 2: Business Expansion - The collaboration is expected to enhance Yingboer's layout in the joint module sector and further expand the application areas of its motor and electronic control products, opening new avenues for business growth [1] - The company maintains an open and innovative approach, actively monitoring developments and technological demands across various fields to identify new business areas and product types based on market needs and technological trends [1]

Core Viewpoint - The company, Yingboer (300681), focuses on research and development, production of electric drive and power systems in the new energy sector, with applications in various vehicle types and eVTOLs [1] Company Overview - Yingboer is recognized as a high-tech enterprise specializing in the new energy field [1] - The company has a solid technical reserve in electric motors and motor controllers, with ongoing research and development efforts [1] Product Applications - The products of Yingboer are primarily used in new energy passenger vehicles, commercial vehicles, non-road vehicles, and eVTOLs [1] Innovation and Development - The company maintains an open and innovative approach, actively monitoring developments and technological demands across various fields [1] - Yingboer commits to timely disclosure of any advancements in axial flux motor technology to investors [1]

Core Viewpoint - The company, Yingboer, has focused on the new energy power system since its establishment in 2005, leveraging its core advantages in technology, production capacity, and customer resources to build a strong competitive moat while actively expanding into emerging fields for long-term growth [1] Group 1: Core Competencies - The company possesses a strong technological research and development advantage and patent barriers, with R&D investment accounting for 8.25% of revenue in the first half of 2025, and holds 190 authorized patents along with multiple regional R&D centers [1] - The company has leading product innovation and full-scenario application capabilities, constructing a product matrix that covers A00-C class vehicles and maintaining a top position among domestic Tier 1 suppliers, while also adapting to commercial vehicles and non-road vehicles, and actively expanding overseas [1] - The company has scalable high-quality production capacity and efficient intelligent manufacturing capabilities, with production bases in Zhuhai and Shandong, achieving an annual production capacity of one million sets of products; as of June 2025, the construction of a high-standard powertrain automation workshop has been completed, further enhancing automation and intelligence levels [1] - The company boasts first-class experimental verification capabilities, with a comprehensive V-type development process for automotive components, strong parallel development capabilities for multiple customers and projects, and a quick response to evolving customer demands [1] - The company has stable high-quality customer resources and deep cooperation, having accumulated a valuable customer base including major automotive enterprises such as GAC, Geely, SAIC-GM-Wuling, Dongfeng, Changan, Great Wall, Chery, and Xpeng through reliable product strength and solution capabilities [1] Group 2: Strategic Expansion - While solidifying its main business in new energy power systems, the company is actively exploring emerging fields such as low-altitude economy, joint modules, and unmanned logistics vehicles, aiming to establish a second growth curve and achieve a development pattern of "main business stability and new business breakthroughs" [1]

Core Insights - The company, Yingboer (300681), announced that as of June 30, 2025, it has achieved significant technological research and development milestones, including 190 authorized patents [1] - Among the authorized patents, there are 49 invention patents, 135 utility model patents, and 6 design patents, along with 28 software copyrights [1] - The company has also applied for 32 invention patents and 21 utility model patents that are pending authorization [1] Patent Details - The core technology PEBB (Power Electronic Integration) has 5 PCT international invention patents filed [1] - The underlying technology for laminated busbars has received authorization in multiple countries, including the United States, Japan, Europe, Singapore, Indonesia, and Malaysia [1] - EMC patents have been authorized in the United States and Europe, while multiple patents for the "Integrated Chip" technology have been authorized in the United States, Japan, Europe, and Singapore [1]

Core Viewpoint - The company, Yingboer (300681), announced its fundraising activities and future plans, highlighting its commitment to core business upgrades and strategic investments in response to market trends and capital market conditions [1] Fundraising Activities - In 2022, the company raised a total of RMB 976 million through a private placement of shares, with a net amount of RMB 963 million after deducting underwriting fees and other expenses [1] - The company plans to issue convertible bonds in 2024, aiming to raise RMB 817 million, with a net amount of RMB 805 million after expenses [1] Investment Focus - The raised funds will be primarily invested in key projects, including: - Technological upgrades and capacity expansion at the Zhuhai production base - Phase II of the new energy vehicle drive system industrial park project in Heze, Shandong - Construction of the Zhuhai R&D center - Automation workshop for new energy vehicle powertrains [1] Market Recognition - The fundraising efforts reflect the capital market's recognition of the company's strategic direction and growth potential, contributing to product technology iteration and market share enhancement [1] Future Plans - The company will maintain an open and prudent evaluation attitude towards introducing strategic investors, private placements, and mergers and acquisitions, aligning with business development needs and industry trends [1] - Any future plans will adhere to information disclosure rules and will be announced through legal channels promptly [1]

Core Viewpoint - The company, Yingboer, maintains a significant market share in the new energy power system sector and plans to increase investment in its new energy business to sustain its leading position [1] Group 1: Business Strategy - The company is actively seeking new growth avenues in response to the changes in total sales volume brought about by the intelligent development of the electric vehicle market [1] - Research and communication efforts related to these new growth areas are progressing steadily [1] Group 2: Communication with Investors - The company will promptly disclose any relevant business developments to investors [1]

Core Insights - The company announced on September 22 that, according to the regular holder register issued by the Shenzhen branch of China Securities Depository and Clearing Corporation, the number of shareholders (consolidated) is 24,875 as of September 10, 2025 [1] - As of the end of June 2025, institutional investors accounted for 50% of the top ten shareholders, indicating significant recognition of the company's value by institutional investors [1]