| 保荐机构名称：国联民生证券承销保荐有限公司 被保荐公司简称：卡倍亿 | | | --- | --- | | 保荐代表人姓名：金仁宝 联系电话：021-80508866 | | | 保荐代表人姓名：肖兵 联系电话：021-80508866 | | | 现场检查人员姓名：金仁宝、陆文嘉 | | | 年度 现场检查对应期间：2025 | | | 年 月 年 月 年 月 日 现场检查时间：2025 12 16 日、2025 12 19 日、2025 12 25 | | | 一、现场检查事项 现场检查意见 | | | （一）公司治理 是 否 | 不适用 | | 现场检查手段：1、查阅公司工商登记文件、公司章程及公司治理等有关文件；2、查阅历次 | | | 公司股东大会、董事会、监事会的会议文件和公告文件，并核查其执行情况；3、核查控股 | | | 股东、实际控制人的变动情况及其对外投资情况；4、核查董监高人员变动及相关决策文件、 | | | 公告文件；5、实地查看公司主要生产经营场所。 | | | 1.公司章程和公司治理制度是否完备、合规  | | | 2.公司章程和三会规则是否得到有效执行  | | | 3. ...

关于宁波卡倍亿电气技术股份有限公司 持续督导期 2025 年培训情况报告 深圳证券交易所： 国联民生证券承销保荐有限公司（以下简称"国联民生承销保荐"、"保荐 机构"）作为宁波卡倍亿电气技术股份有限公司（以下简称"卡倍亿"、"公司"） 向不特定对象发行可转换公司债券的保荐机构，根据《深圳证券交易所上市公司 自律监管指引第 13 号——保荐业务》《深圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运作》的相关规定以及卡倍亿的实际情况，对卡倍 亿进行了 2025 年度持续督导培训，报告如下： 一、培训的主要内容 国联民生证券承销保荐有限公司 三、培训成果 本次培训期间，接受培训的人员均认真配合保荐机构的培训工作，并积极进 行交流沟通，保证了本次培训的顺利开展。通过此次培训，卡倍亿的相关人员加 深了对中国证监会和深圳证券交易所于 2025 年新发布的相关法律、法规以及监 管精神的了解和认识，将有助于进一步提升卡倍亿的规范运作和信息披露水平， 本次培训达到了预期效果。 （以下无正文） 份有限公司持续督导期 2025 年培训情况报告》之签章页） 保荐代表人： 金仁宝 肖兵 2025 年 12 月 19 ...

Core Viewpoint - On December 26, a total of 5 listed companies will have their restricted shares unlocked, with a total market value of approximately 2.237 billion yuan [1] Group 1: Company Specifics - Unification Holdings (Stock Code: 600506) will unlock 44.3121 million shares from a private placement of A-shares [1] - Zhongchao Holdings (Stock Code: 002471) will unlock 7.104 million shares related to equity incentive restrictions [1] - Zhucheng Technology (Stock Code: 301280) will unlock 3.825 million shares that were restricted prior to issuance [1] - Kabeiyi (Stock Code: 300863) will unlock 150,000 shares related to equity incentive restrictions [1] - Shanwaishan (Stock Code: 688410) will unlock 58.2296 million shares [1]

Core Viewpoint - The stock of Kabeiyi Electric Technology Co., Ltd. has shown significant growth this year, with a year-to-date increase of 61.35%, reflecting strong performance in the automotive cable sector [1][2]. Group 1: Stock Performance - As of December 23, Kabeiyi's stock price was 51.30 CNY per share, with a trading volume of 88.38 million CNY and a turnover rate of 0.95%, resulting in a total market capitalization of 9.65 billion CNY [1]. - The stock has increased by 5.77% over the last five trading days, 9.62% over the last twenty days, and 32.32% over the last sixty days [1]. Group 2: Financial Performance - For the period from January to September 2025, Kabeiyi reported a revenue of 2.85 billion CNY, representing a year-on-year growth of 11.11%, and a net profit attributable to shareholders of 138 million CNY, which is a 5.01% increase compared to the previous year [2]. - Cumulative cash dividends since the A-share listing amount to 150 million CNY, with 114 million CNY distributed over the last three years [3]. Group 3: Shareholder Information - As of September 30, 2025, Kabeiyi had 12,100 shareholders, a decrease of 3.33% from the previous period, with an average of 15,003 circulating shares per shareholder, an increase of 3.44% [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the sixth largest, holding 1.17 million shares as a new shareholder [3]. Group 4: Business Overview - Kabeiyi, established on March 5, 2004, and listed on August 24, 2020, specializes in the research, production, and sales of automotive cables [1]. - The company's revenue composition includes 83.53% from standard cables, 10.46% from new energy cables, 5.22% from other sources, and 0.79% from data cables [1].

Core Viewpoint - The new energy vehicle (NEV) sector is experiencing a strong rebound driven by favorable national policies, leading to a surge in stock prices and a wave of limit-up stocks [1] Group 1: Market Performance - NEV concept stocks have shown significant gains, with Zhejiang Shibao achieving five consecutive limit-ups, and other stocks like Delian Group and Asia-Pacific Shares also hitting the limit-up [1] - Key stocks with notable price increases include Jingwei Hengrun, which rose by 10.21% to 121.83, and Delian Group, which increased by 10.04% to 6.03 [2] Group 2: Policy and Technological Developments - The core driver for the NEV sector's growth is strong policy support, highlighted by the approval of L3-level conditional autonomous driving vehicles, marking a significant milestone in the industry [3] - The first L3-level autonomous driving license plate was issued in Chongqing, indicating the formal entry of China into the L3 autonomous driving era [3] - Technological innovations in the NEV industry are accelerating, with breakthroughs in lithium battery technology and the imminent mass production of solid-state batteries, enhancing vehicle performance and reducing production costs [3] Group 3: Market Trends and Future Outlook - The NEV industry is transitioning from "policy support" to "market maturity," with significant growth in production and sales, reaching 1,490.7 million units produced and 1,478 million units sold in the first 11 months of the year, representing a year-on-year increase of 31.4% and 31.2% respectively [5] - The penetration rate of new energy vehicles in total vehicle sales reached 47.5%, with November figures showing a further increase to 53.2% [5] - The commercialization of L3 autonomous driving technology signifies a new development stage, requiring collaboration between government and enterprises to establish standards and regulations [5][6]

Core Insights - The automotive cable industry is crucial for electric energy transmission, signal transmission, and control in vehicles, with increasing importance due to the rise of electric vehicles and automotive intelligence [1][7] - The market size of China's automotive cable industry is projected to grow from 149 billion yuan in 2021 to 193.2 billion yuan in 2024, with a compound annual growth rate (CAGR) of 9.05% [1][7] - The global automotive cable market is expected to expand from $58.21 billion in 2020 to $71.74 billion in 2024, with a CAGR of 5.36% [6] Industry Overview - Automotive cables are specifically designed for vehicles, categorized by purpose (signal and power cables), material (copper and aluminum), voltage (high and low), and temperature tolerance (high and low) [3] - The automotive cable industry supply chain includes raw materials (copper, aluminum, rubber, plastic), manufacturing, and downstream automotive manufacturers [3] Market Trends - The automotive cable market is expected to benefit from the increasing demand for electric vehicles and the advancement of smart connectivity in cars, leading to higher cable usage and value per vehicle [1][4] - The market size is anticipated to exceed 200 billion yuan by 2025, driven by economic growth and rising consumer demand [1][7] Competitive Landscape - The Chinese automotive cable industry is characterized by a mix of foreign dominance and local competition, with companies like Yazaki and Sumitomo leading the high-end market, while domestic firms like Carby and Xinhongye are gaining market share [8] - Carby and Xinhongye are focusing on technology introduction and cost advantages to enhance their market presence, especially in the growing electric vehicle segment [8] Challenges - The industry faces challenges such as outdated raw material performance, which affects the development of new automotive cables and increases operational costs [11] - The supply chain is often closed, with established international brands preferring to source from stable partners, making it difficult for local manufacturers to penetrate these networks [12] Future Development Trends - Lightweight cables are becoming a focus due to the push for energy efficiency and electric vehicle transition, utilizing aluminum alloys and innovative insulation materials [13][14] - High-voltage systems are being integrated into electric vehicles, necessitating advancements in insulation materials and safety features [15] - The demand for high-speed data transmission is increasing, leading to the development of high-frequency and high-speed cable systems [16] - Smart manufacturing technologies are reshaping production processes, enhancing flexibility and customization in cable manufacturing [17]

Core Viewpoint - The company announced the resignation of non-independent director Wang Feng due to adjustments in the corporate governance structure, while she will continue to serve as the Chief Financial Officer [1] Group 1 - Wang Feng submitted a written resignation report to the board of directors [1] - The company held its second employee representative assembly on December 10, 2025, where Wang Feng was elected as an employee representative director for the fourth board of directors [1] - Wang Feng's term as an employee representative director will last until the end of the fourth board's term [1]

二、选举职工代表董事的情况 根据《公司法》《深圳证券交易所上市公司自律监管指引第2号——创业 板上市公司规范运作》等法律法规、规范性文件及《公司章程》等相关规定， 公司于2025年12月10日召开2025年第二次职工代表大会，经与会职工代表审议， 选举王凤女士为公司第四届董事会职工代表董事（简历详见附件），任期自本 次职工代表大会通过之日起至第四届董事会任期届满之日止。王凤女士符合 证券代码：301310 证券简称：卡倍亿 公告编号：2025-095 宁波卡倍亿电气技术股份有限公司 关于非独立董事辞职暨选举职工代表董事的公告 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。 一、非独立董事辞职的情况 宁波卡倍亿电气技术股份有限公司（以下简称"公司"）董事会于近日收 到公司非独立董事王凤女士提交的书面辞职报告，王凤女士因公司治理结构调整， 申请辞去公司董事职务，辞职后将继续担任公司财务总监职务。 王凤女士担任公司董事原定任期至公司第四届董事会届满之日止（2028年 5月11日）。根据《公司法》《公司章程》等有关规定，王凤女士辞去董事职 务不会导致公司董事会人数低于 ...

Core Viewpoint - The company, Kabeiyi (300863), reported that its high-speed copper cable business is progressing as expected, with successful development of samples for 56G, 112G, and 224G transmission rates, and the 224G product has entered small-scale production [1] Group 1 - The company has completed the development of high-speed copper cable samples for three transmission rates: 56G, 112G, and 224G [1] - All developed samples have passed internal performance tests and some customer performance tests [1] - The 224G product has achieved small-batch production [1]

每经AI快讯，12月9日，卡倍亿(300863.SZ)接受特定对象调研，在新能源汽车领域，公司产品已进入比 亚迪、特斯拉、吉利等新能源汽车品牌的供应链。公司高速铜缆业务进展顺利，公司已完成56G、 112G、224G三种传输速率的高速铜缆线材样品开发，均通过了内部性能测试及部分客户的性能测试， 目前224G产品已实现小批量量产。公司与矩阵超智合作推进人形机器人业务的快速发展，卡倍亿已经 参股矩阵超智。 ...