[Chengdu Xiling Power Technology Co., Ltd. 2025 Semi-Annual Performance Forecast](index=1&type=section&id=2025%E5%B9%B4%E5%8D%8A%E5%B9%B4%E5%BA%A6%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A) Chengdu Xiling Power Technology Co., Ltd. forecasts a significant increase in net profit attributable to shareholders for H1 2025, driven by enhanced profitability in civil aviation and military businesses, and growth in automotive parts sales [Current Period Performance Forecast Overview](index=1&type=section&id=%E4%B8%80%E3%80%81%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A%E6%83%85%E5%86%B5) The company anticipates substantial growth in net profit attributable to shareholders and non-recurring net profit for H1 2025, with net profit expected to exceed 55 million yuan [Performance Forecast Period](index=1&type=section&id=1.%20%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A%E6%9C%9F%E9%97%B4) The performance forecast period is from January 1, 2025, to June 30, 2025[3](index=3&type=chunk) [Performance Forecast Details](index=1&type=section&id=2.%20%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A%E6%83%85%E5%86%B5) Key Financial Indicators for H1 2025 Performance Forecast | Item | Current Reporting Period (Jan-Jun 2025) | Prior Period (Jan-Jun 2024) | Year-on-Year Growth | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Shareholders of Listed Company | Profit: 55.00 million to 57.00 million yuan | Profit: 24.28 million yuan | 126.54%-134.78% | | Net Profit Attributable to Shareholders of Listed Company After Deducting Non-Recurring Gains and Losses | Profit: 48.98 million to 51.98 million yuan | Profit: 21.06 million yuan | 137.38%-146.88% | [Communication with Accounting Firm](index=1&type=section&id=%E4%BA%8C%E3%80%81%E4%B8%8E%E4%BC%9A%E8%AE%A1%E5%B8%88%E4%BA%8B%E5%8A%A1%E6%89%80%E7%9A%84%E6%B2%9F%E9%80%9A%E6%83%85%E5%86%B5) This performance forecast represents preliminary calculations by the company's finance department and has not yet been audited by an accounting firm - This performance forecast has not been audited by an accounting firm[4](index=4&type=chunk) [Explanation of Performance Changes](index=1&type=section&id=%E4%B8%89%E3%80%81%E4%B8%9A%E7%BB%A9%E5%8F%98%E5%8A%A8%E5%8E%9F%E5%9B%A0%E8%AF%B4%E6%98%8E) Performance growth is primarily attributed to enhanced profitability in aerospace and military businesses, coupled with increased sales and capacity utilization in automotive parts, especially turbochargers - Civil aviation business continued to grow, military business sentiment rebounded year-on-year, leading to improved profitability in aerospace and military products[5](index=5&type=chunk) - In the company's automotive parts business, new customer sales for camshaft assemblies, connecting rod assemblies, and crankshaft dampers gradually increased, improving capacity utilization[5](index=5&type=chunk)[6](index=6&type=chunk) - Turbocharger sales reached approximately **575,100 units**, representing a **21% year-on-year increase**[6](index=6&type=chunk) [Risk Warning](index=2&type=section&id=%E5%9B%9B%E3%80%81%E9%A3%8E%E9%99%A9%E6%8F%90%E7%A4%BA) This performance forecast is a preliminary estimate by the finance department, and final results will be subject to the official 2025 semi-annual report - This performance forecast is a preliminary estimate by the company's finance department[7](index=7&type=chunk) - The specific financial data for the company's 2025 semi-annual performance will be based on the officially released 2025 semi-annual report[7](index=7&type=chunk) [Reference Documents](index=2&type=section&id=%E4%BA%94%E3%80%81%E5%A4%87%E6%9F%A5%E6%96%87%E4%BB%B6) The company provided "Explanation on the 2025 Semi-Annual Performance Forecast of Chengdu Xiling Power Technology Co., Ltd." as a reference document - The reference document is "Explanation on the 2025 Semi-Annual Performance Forecast of Chengdu Xiling Power Technology Co., Ltd."[8](index=8&type=chunk)

证券代码：300733 证券简称：西菱动力 公 告编号：2025-053 | | | 占公司 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 股东 | 股东或第一 | 本次解除质押 | | | 占其所 | | | | | | 持 | | 解除质押 | | | | | | | | | | | 总股本 | | | | 起始 | | | | | 日 | | 质权人 | | | | | | | | | 名称 | 大股东及其 | 股份数量（股） 股份比 | | | | | | | | | 例 | | 日期 | | | | | | | | | | | 比例 | | | | | | | | | 一致行动人 | | | | | | | | | | | 魏 | | | | | | | | | | | 晓 | | | | | | | | | | | 红塔证券股 | | | | | | | | | | | | 是 | 13,730,000 | | 12.99% | 4.49% | 2025-3-20 | | 2025-7 ...

证券代码：300733 证券简称：西菱动力 公告编号：2025-053 成都西菱动力科技股份有限公司 关于控股股东、实际控制人股票质押式回购交易提前购回的公告 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。 一、股东股份解除质押基本情况 成都西菱动力科技股份有限公司（简称"公司"）控股股东、实际控制人魏晓 林先生于2024年3月20日与红塔证券股份有限公司开展股票质押式回购交易并于 2025年3月20日到期续期，续期到期日为2026年3月20日。近日公司获悉实际控制人 魏晓林先生将质押股票提前购回，具体情况如下： | 股东 | 是否为控股 股东或第一 | 本次解除质押 | 占其所持 | 占公司 总股本 | 起始日 | 解除质押 | 质权人 | | --- | --- | --- | --- | --- | --- | --- | --- | | 名称 | 大股东及其 一致行动人 | 股份数量（股） | 股份比例 | 比例 | | 日期 | | | 魏晓 | 是 | 13,730,000 | 12.99% | 4.49% | 2025-3-20 | 2025-7 ...

Core Viewpoint - Chengdu Xiling Power Technology Co., Ltd. has announced its 2024 annual profit distribution plan, which includes a cash dividend of RMB 0.50 per 10 shares for all shareholders, totaling RMB 15,154,343.00, with no stock dividends or capital reserve transfers [2][4][6]. Group 1: Profit Distribution Plan - The profit distribution plan is based on a total share capital of 305,676,280 shares, excluding 2,589,420 shares held in the repurchase account, resulting in a base of 303,086,860 shares for the cash dividend calculation [2][6]. - The cash dividend of RMB 0.50 per 10 shares is inclusive of tax, with a net amount of RMB 0.45 per 10 shares for certain foreign institutional investors and specific individual shareholders [6][9]. - The distribution will not involve any stock dividends or capital reserve transfers, and any changes in total share capital before the implementation will adjust the per-share cash dividend accordingly [2][4][6]. Group 2: Key Dates - The record date for the dividend distribution is set for July 3, 2025, and the ex-dividend date is July 4, 2025 [6][9]. - The cash dividends will be directly credited to shareholders' accounts through their custodial securities companies on the ex-dividend date [9]. Group 3: Shareholder Eligibility - The dividend distribution is applicable to all shareholders registered with the China Securities Depository and Clearing Corporation Limited, Shenzhen Branch, as of the record date [8][9].

证券代码：300733 证券简称：西菱动力 公告编号：2025-052 成都西菱动力科技股份有限公司 2024年年度权益分派实施公告 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。 特别提示： 1、成都西菱动力科技股份有限公司（以下简称"公司"或"本公司"）回购专用 证券账户中的股份 2,589,420 股不参与本次权益分派。本次权益分派以公司总股本 305,676,280 股扣除回购专用账户持有本公司股份 2,589,420 股后的股数 303,086,860 股 为基数，向全体股东每 10 股派发现金股利人民币 0.50 元(含税)，合计派发现金股利 15,154,343.00 元（含税），本次利润分配不以资本公积金转增股本，不送红股，剩余 未分配利润结转以后年度。 2、本次权益分派实施后，按公司总股本（含公司回购专户已回购股份）折算每 10 股现金分红金额=本次每 10 股实际现金分红金额*本次实际参与权益分派的股本/公司 总股本=（0.50*303,086,860）/305,676,280=0.495764 元（保留六位小数，最后一位直接 截取，不四舍 ...

成都西菱动力科技股份有限公司 关于为子公司融资提供担保的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 证券代码：300733 证券简称：西菱动力 公告编号：2025-051 一、担保情况概述 成都西菱动力科技股份有限公司（简称"公司"或"保证人"）于近日与交通 银行股份有限公司（简称"交通银行"或"债权人"）签订协议，为全资子公司成 都西菱动力部件有限公司（简称"动力部件"或"被保证人"）提供人民币 8,000 万 元的最高额保证担保。 该担保属于 2024 年第三次临时股东大会《关于为子公司融资提供担保的议案》 预计担保额度的授权范围，无须提交公司董事会或股东大会审议。 二、被担保人基本情况 1、被担保人基本信息 名称：成都西菱动力部件有限公司 成立日期：2009 年 05 月 22 日 住所：四川省成都市大邑县晋原镇兴业七路 18 号 法定代表人：魏永春 注册资本：47,400 万元人民币 经营范围：一般项目：汽车零部件研发；摩托车及零部件研发；汽车零部件及 配件制造；摩托车零配件制造；通用零部件制造；机械零件、零部件加工；汽车零 配件批发；摩托车 ...

1、交通银行业务回单 证券代码：300733 证券简称：西菱动力 公告编号：2025-050 成都西菱动力科技股份有限公司董事会 成都西菱动力科技股份有限公司 成都西菱动力科技股份有限公司（简称"公司"）于2024年12月30日召开第四届 董事会第十八次会议并审议通过了《关于使用部分暂时闲置募集资金进行现金管理的 议案》，使用暂时闲置募集资金人民币4,000万元进行现金管理，适时购买安全性高、 流动性好、风险较低、具有合法经营资格的金融机构销售的保本型理财产品或存款产 品，期限自2025年1月16日起不超过12个月。在上述额度及投资期限内，可循环滚动使 用。授权公司董事长及其委托代理人办理具体事宜。公司监事会、保荐机构已经对公 司现金管理事项发表了明确同意意见。具体内容详见公司在《上海证券报》《证券日 报》及巨潮资讯网（www.cninfo.com.cn）披露的《关于公司及全资子公司使用部分闲 置募集资金暂时补充流动资金及进行现金管理的公告》（公告编号：2024-089）。公 司子公司根据上述决议进行现金管理，现有部分现金管理资金到期收回，相关情况如 下： 一、募集资金现金管理到期收回的情况 1、公司全资子公 ...

Summary of Xiling Power's Conference Call Company Overview - Xiling Power is headquartered in Chengdu, Qingyang District, with a strategic location near Chengdu Aircraft Industry Group, facilitating connections to the aerospace sector and supporting military and aerospace development [2][4]. Industry and Market Dynamics - The company has gained significant orders from both independent and new energy vehicle brands, indicating a shift in customer structure and an increase in the penetration rate of new energy vehicles, particularly hybrid models [2][3]. - The turbocharger market, a core business for Xiling Power, is valued at approximately 800 RMB per unit, with a total market size of around 150 billion RMB. The market is dominated by Garrett, BorgWarner, SANY, and Ishikawajima-Harima Heavy Industries, which collectively hold about 70% of the global market share [5][9]. Financial Performance - Xiling Power has achieved a compound annual growth rate (CAGR) of 36% in revenue since 2020, although profitability has been volatile due to significant capital expansion and increased fixed asset depreciation. The net profit margin is expected to gradually recover, reaching nearly 7% in Q1 2024 [13][19]. - The company has successfully reduced its expense ratio from 15% to 9.4% by optimizing internal processes and benefiting from economies of scale, which is expected to enhance profitability as revenues increase [14]. Product Development and Growth Areas - The turbocharger business has seen explosive growth, with production expected to rise from 300,000 units in 2022 to 1.2 million units in 2024, generating nearly 1 billion RMB in revenue [9][10]. - Xiling Power is also expanding into the harmonic reducer market, leveraging existing processes and equipment, which allows for lower entry costs into this new field [16]. - The company is positioned to benefit from the recovery in military and aerospace sectors, with stable growth anticipated starting in 2024 [11][18]. Competitive Landscape - The competitive landscape for turbochargers is concentrated, with Xiling Power's rapid growth aligning with market trends towards energy efficiency in both traditional and hybrid vehicles [9][10]. - Comparisons with HaoNeng Co. reveal similarities in product structure and customer base, indicating a shared trajectory in precision manufacturing and high-end production [7][8][12]. Future Outlook - Xiling Power's profitability is expected to see significant growth in the coming years, with a projected net profit of 150 million RMB in 2025 and an anticipated growth rate exceeding 30% in subsequent years [19][20]. - The company's strategic partnerships with leading automotive manufacturers and its capabilities in precision manufacturing position it well for future opportunities, including entry into the humanoid robot market [17][20].

Group 1 - The core viewpoint is that the turbocharger is expected to rapidly increase in volume, enhancing the value per vehicle, while the company is also venturing into humanoid robots [1] - The company is a high-quality supplier of automotive engine components, focusing on domestic substitution in the joint segment through refined processes [1] - Revenue is projected to grow from 1.11 billion to 1.75 billion CNY from 2022 to 2024, with a CAGR of 26%, while net profit is expected to rise from 37 million to 51 million CNY, with a CAGR of 17% [1] Group 2 - The automotive engine components industry is experiencing domestic production growth, with the company steadily improving its capacity utilization [2] - The company provides exhaust (camshaft, ASP approximately 210 CNY), transmission (connecting rod, ASP approximately 150 CNY), and power transmission components (pulley, ASP approximately 55 CNY) [2] - The potential market size for these components is estimated to be 9.8 billion CNY in 2024, with high precision and equipment requirements leading to a historical reliance on foreign suppliers [2] Group 3 - The turbocharger market has a low domestic penetration rate, significant market potential, and high barriers to entry, with the market size expected to reach 21.1 billion CNY by 2027, growing at a CAGR of 14% from 2025 to 2027 [3] - The company anticipates sales volumes of 320,000, 930,000, and 1.19 million units from 2022 to 2024, with revenues of 286 million, 788 million, and 986 million CNY respectively, indicating rapid expansion [3] - The average selling price (ASP) for turbochargers is expected to exceed 800 CNY, as the company expands its product range [3] Group 4 - The company is entering the robotics sector, leveraging its process advantages to establish a production line for harmonic reducers [4] - Harmonic reducers are characterized by their compact size and high transmission precision, with significant material, tooth shape design, and processing barriers [5] - The company aims to utilize its expertise in heat treatment and precision machining to build production lines for harmonic reducers and lead screws [6] Group 5 - The robotics components business is positioned as a crucial new business segment, expected to become a significant growth driver [7] - Revenue forecasts for the company from 2025 to 2027 are projected at 2.42 billion, 3.14 billion, and 3.81 billion CNY, with year-on-year growth rates of 38.1%, 29.6%, and 21.5% respectively [8] - Net profit forecasts for the same period are 150 million, 200 million, and 260 million CNY, with year-on-year growth rates of 197.6%, 33.8%, and 31.1% respectively, corresponding to PE ratios of 34.3, 25.6, and 19.5X [8]

证券代码：300733 证券简称：西菱动力 公告编号：2025-049 成都西菱动力科技股份有限公司 1、 本次股东大会未出现否决议案的情况； 2、 本次股东大会不涉及变更前次股东大会决议。 一、会议召开情况 1、 会议召开时间 （1）现场会议召开时间为：2025 年 5 月 16 日（星期五）下午 14:30。 （2）网络投票时间为：通过深圳证券交易所交易系统进行网络投票的具体时间 为 2025 年 5 月 16 日上午 9:15-9:25，9:30 至 11:30，下午 13:00 至 15:00；通过深圳 证券交易所互联网投票系统投票的具体时间为 2025 年 5 月 16 日上午 9:15 至下午 15:00 期间的任意时间。 2、 会议召开地点：成都市青羊区腾飞大道 298 号公司会议室 2024 年年度股东大会决议公告 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。 特别提示 3、 会议召集人：公司董事会 4、 会议主持人：公司董事长魏晓林先生 5、 表决方式：本次股东大会采用现场投票和网络投票相结合的方式 二、会议出席情况 本次会议出席会议股东及 ...