格隆汇11月25日丨英搏尔(300681.SZ)在投资者互动平台表示，公司与丰立智能合作开发关节模组，目 前双方暂未成立合资公司。公司将根据市场反馈、技术发展趋势以及自身的战略规划，积极对接客户需 求，在合适时机拓展新的业务领域和产品类型。 ...

Core Insights - The company has signed strategic cooperation agreements with several leading eVTOL companies in the low-altitude economy sector, including EHang, Eviation, Gauss, and VOLOCOPTER, and has secured multiple project designations [1][2] - The EH216-S manned unmanned aerial vehicle, developed by EHang, is applicable in various scenarios such as manned transportation, aerial tourism, aerial logistics, and medical emergency response, with small batch deliveries of its motor and electronic speed controller already achieved [1] - The newly released VT35 model by EHang is designed for medium to long-distance travel across cities, seas, and mountainous areas, featuring a sophisticated electric propulsion system that integrates multiple advanced technologies [1] - The ET9 model from Eviation is being developed for high-frequency cargo transport, specialty tourism, emergency rescue, and urban air mobility applications, with its electric propulsion system development currently underway [1] - The company has officially announced its role as a supplier for Germany's VOLOCOPTER, providing development services for the XPro aircraft's electric propulsion system, marking a significant recognition of its technical capabilities in the eVTOL sector and furthering its overseas market expansion [2] Company Developments - The company has achieved small batch deliveries of the EH216-S motor and electronic speed controller, indicating progress in its product offerings [1] - The VT35 electric propulsion system prototype has been delivered, showcasing the company's commitment to advanced technology integration [1] - The partnership with VOLOCOPTER for the XPro aircraft signifies the company's deepening international market presence and ongoing efforts to expand its customer base in the low-altitude economy [2]

英搏尔在互动平台表示，公司与丰立智能合作开发关节模组，目前双方暂未成立合资公司。公司将根据 市场反馈、技术发展趋势以及自身的战略规划，积极对接客户需求，在合适时机拓展新的业务领域和产 品类型。 ...

Group 1: Trade and Economic Development - He Lifeng emphasized the need to continuously promote the quality and efficiency of foreign trade, improve high-standard logistics systems, and support high-quality development in manufacturing [1] - The Ministry of Commerce aims to guide localities in transitioning second-hand car exports from "scale growth" to "value growth," enhancing product diversity for global consumers [1] - The Ministry of Housing and Urban-Rural Development highlighted the importance of urban renewal to support high-quality living and new industries [1] Group 2: Market and Financial Updates - The initial public offering (IPO) price for Moer Technology is set at 114.28 yuan per share, with a total market value of approximately 53.715 billion yuan [1] - The Asian Infrastructure Investment Bank (AIIB) has approved Colombia's membership, increasing its total membership to 111, covering 81% of the world's population and 65% of global GDP [1] - The Guangzhou Futures Exchange announced adjustments to trading fees and limits for lithium carbonate futures starting November 24, 2025 [1] Group 3: Corporate Announcements - Yiwei Lithium Energy signed a procurement framework agreement with Simor International [6] - Chuangyin High-Tech received a tender offer from Zhongzhong Group to acquire 20% of its shares at 11.85 yuan per share [6] - Lek Electric plans to transfer 90% of its precision machinery shares for 235 million yuan [6]

Core Points - Pingtan Development and Haixia Innovation have completed their suspension review and will resume trading on November 21, 2025 [1][2] - Eddy Precision and Hangcai Co. plan to repurchase shares [3] - Wenfeng Co.'s deputy general manager has been placed under investigation [4] - Kesi Co. has undergone a change in its actual controller [6][7] - Major events include the completion of restructuring investments by *ST Lian Shi and acquisitions by Jun Ting Hotel and Lek Electric [8][9] Group 1: Resumption of Trading - Pingtan Development's stock will resume trading on November 21, 2025, after confirming no significant changes in its operations or undisclosed major matters [1] - Haixia Innovation's stock will also resume trading on November 21, 2025, with similar confirmations regarding its operational status [2] Group 2: Share Repurchase Plans - Eddy Precision plans to repurchase shares with a total amount between 100 million and 200 million yuan, at a price not exceeding 27 yuan per share [3] - Hangcai Co. intends to repurchase shares using excess funds, with a total amount between 50 million and 100 million yuan, at a price not exceeding 80 yuan per share [3] Group 3: Investigations and Changes in Management - Wenfeng Co.'s deputy general manager, Qin Guofen, is under investigation, but the company states this will not significantly impact its operations [4] - Kesi Co. has changed its actual controller from Zhou Jiuqing and Zhou Xuming to Zhou Xuming alone following the death of Zhou Jiuqing [6][7] Group 4: Major Events - *ST Lian Shi has received a total of 1.238 billion yuan in restructuring investments from all investors [8] - Jun Ting Hotel has agreed to acquire the remaining 21% stake in Junlan Management for 79.8 million yuan, making it a wholly-owned subsidiary [9] - Lek Electric plans to transfer 90% of its subsidiary's equity to Chuangyuan Resources, with a target valuation of 235 million yuan [9]

Core Viewpoint - The company has successfully completed small batch deliveries of the EH216-S model's motor and electronic control, indicating progress in its electric propulsion systems for eVTOL aircraft [1] Group 1: Product Development - The VT35 electric propulsion system builds on the company's unique "integrated core" technology used in passenger vehicles, showcasing a blend of advanced technologies such as dual winding, dual control, oil cooling, flat wire, and outer rotor [1] - The VT35 prototype has been delivered, demonstrating the company's commitment to developing high-reliability and all-weather operational capabilities with an IP67 waterproof rating [1] Group 2: Market Position and Strategy - The eVTOL sector is characterized by customized development due to differences in aircraft configuration, performance indicators, and airworthiness standards, necessitating deep adaptation and integration based on specific model parameters [1] - The company plans to leverage its years of technological accumulation in new energy power systems to continue exploring opportunities in the low-altitude economy and actively seek new customers and partnerships [1]

Core Viewpoint - The company, Yingboer, focuses on the research and development of electric drive and power systems in the new energy sector, utilizing innovative "integrated chip" technology to enhance product efficiency, lightweight design, and cost-effectiveness [2] Group 1: Company Overview - Yingboer is a high-tech enterprise dedicated to the new energy field, specifically in electric drive and power system development and production [2] - The company's products are primarily applied in new energy passenger vehicles, commercial vehicles, non-road vehicles, and eVTOL (electric Vertical Take-Off and Landing) aircraft [2] Group 2: Technology and Innovation - Yingboer's electric propulsion system technology is compatible with eVTOL tilt-rotor aircraft models [2] - The company maintains an open and innovative approach, actively monitoring developments and technological demands across various fields to explore new business areas and product types at appropriate times [2]

Core Viewpoint - The company has officially become a supplier for VOLOCOPTER Technologies GmbH, providing development services for the XPro aircraft electric propulsion system [1] Group 1 - The announcement was made on November 20, indicating a strategic partnership with VOLOCOPTER [1] - The collaboration focuses on the development of electric propulsion systems, which is a growing segment in the aviation industry [1]

Core Viewpoint - The company has officially become a supplier for VOLOCOPTER, marking a significant partnership in the eVTOL electric propulsion system sector [1] Group 1: Partnership Details - The company began discussions with VOLOCOPTER in July 2025 and has undergone multiple rounds of in-depth research and evaluation [1] - VOLOCOPTER recognized the company's outstanding technological advantages and strong R&D capabilities in the eVTOL electric propulsion system field [1] Group 2: Technical Alignment - The company's technical solutions are highly compatible with the requirements of the XPro aircraft, showcasing innovation, reliability, and adaptability [1] - The formal agreement to provide development services for the electric propulsion system of the XPro aircraft was established in November 2025 [1]

Core Viewpoint - The company has officially become a supplier for VOLOCOPTER, marking a significant partnership in the eVTOL electric propulsion system sector [1] Group 1: Partnership Announcement - The company received an official email from VOLOCOPTER announcing the partnership [1] - The collaboration began with discussions in July 2025, leading to the formal supplier agreement in November 2025 [1] Group 2: Technical Evaluation - VOLOCOPTER conducted multiple rounds of in-depth research and evaluation before selecting the company as a supplier [1] - The company was recognized for its outstanding technical advantages and strong R&D capabilities in the eVTOL electric propulsion system field [1] Group 3: Product Development - The company will provide development services for the electric propulsion system of the XPro aircraft [1] - The technical solutions offered by the company are noted for their innovation, reliability, and adaptability to meet the needs of the XPro aircraft [1]