Core Viewpoint - The company has sufficient land and factory space to meet current capacity expansion needs, supported by its ability to rapidly establish fully automated production lines for smart electric motors and cleaning pumps [1] Group 1 - The company has a reserve of land and factory area that can accommodate its current production capacity expansion requirements [1] - The company possesses independent research and design capabilities for fully automated production lines [1] - The company can quickly set up automated production lines based on product development progress, significantly shortening the capacity expansion cycle [1]

Group 1: Company Overview - The company primarily engages in the research, production, and sales of automotive motor technology and fluid technology products, aiming to become a global leader in automotive motor solutions [2] - The business is structured into four main units: motor business, electric module business, driving vision cleaning systems, and thermal management systems [2][3] - The main production base is located in Ningbo, with additional production facilities established in locations such as Qingyuan, Shenyang, Wuhan, the USA, and Thailand to serve distant customers [3] Group 2: Financial and Market Dynamics - The company faces annual price reduction pressures from automotive manufacturers, but maintains stable pricing with leading industry clients [4] - The competitive landscape in the automotive industry is intensifying, prompting the company to innovate and enhance internal management to mitigate the impact of price adjustments [4] Group 3: Product Development and Future Growth - The company is advancing its ADAS active perception cleaning system, with plans to produce 250,000 units per year for projects that have reached the designated stage [5] - The application of harmonic magnetic field motor technology in humanoid robots presents a competitive advantage and potential for significant growth in this sector [6] - The company has sufficient land and facilities to meet current capacity expansion needs and has developed capabilities for automated production lines, which can significantly shorten expansion cycles [7] Group 4: Industry Challenges and Opportunities - The electric motor market is expanding due to rising electrification demands, with significant opportunities for domestic substitution and new markets such as robotics [8][9] - The company plans to continuously develop new products and explore new markets and clients to strengthen its technological advantages and core competitiveness [9]

格隆汇1月12日丨恒帅股份(300969.SZ)公布，公司于2026年1月12日收到控股股东恒帅投资的通知，其 于近期通过深圳证券交易系统以大宗交易的方式减持其所持有的恒帅转债合计57万张，占恒帅转债发行 总量的17.40%。 ...

Group 1 - The core point of the article is that Hengshuai Co., Ltd. announced a reduction in its convertible bonds by its controlling shareholder, Hengshuai Investment, through block trading [1] - Hengshuai Investment has reduced its holdings by a total of 570,000 bonds, which represents 17.4% of the total issuance of Hengshuai convertible bonds [1]

| 证券代码：300969 | 证券简称：恒帅股份 | 公告编号：2026-003 | | --- | --- | --- | | 债券代码：123256 | 债券简称：恒帅转债 | | 二、本次可转换公司债券变动情况 公司于2026年1月12日收到控股股东恒帅投资的通知，其于近期通过深圳证 券交易系统以大宗交易的方式减持其所持有的恒帅转债合计570,000张，占恒帅 转债发行总量的17.40%，具体变动情况如下： | 持有人 | 本次变动前 | 占可转债发 | 本次变动 | 占可转债 | 本次变动后 | | | --- | --- | --- | --- | --- | --- | --- | | | 持有数量 | | 卖出数量 | | 持有数量 | 占可转债发 | | | （张） | 行总量比例 | （张） | 发行总量 | （张） | 行总量比例 | | | | （%） | | 比例（%） | | （%） | | 宁波恒帅 | | | | | | | | 投资管理 | 1,495,389 | 45.64 | 570,000 | 17.40 | 925,389 | 28.24 | | 有限公司 | | | ...

公司1月7日在交易所互动平台披露，截至最新（12月31日）股东户数为9385户，较上期（12月20日）减 少731户，环比下降7.23%。 恒帅股份股价创出历史新高，截至11:04，该股上涨9.53%，股价报147.03元，成交量255.52万股，成交 金额3.61亿元，换手率5.08%，该股最新A股总市值达164.68亿元，该股A股流通市值73.90亿元。 证券时报·数据宝统计显示，恒帅股份所属的汽车行业，目前整体涨幅为0.60%，行业内，目前股价上涨 的有153只，涨停的有交运股份、旭升集团等3只。股价下跌的有138只，跌幅居前的有ST八菱、索菱股 份、欣锐科技等，跌幅分别为4.54%、3.89%、3.29%。 两融数据显示，该股最新（1月8日）两融余额为2.89亿元，其中，融资余额为2.88亿元，近10日增加 3420.09万元，环比增长13.45%。 公司发布的三季报数据显示，前三季度公司共实现营业收入6.80亿元，同比下降3.47%，实现净利润 1.29亿元，同比下降21.07%，基本每股收益为1.1500元，加权平均净资产收益率9.67%。 （文章来源：证券时报网） ...

证券日报网讯1月8日，恒帅股份（300969）在互动平台回答投资者提问时表示，公司股东俞国梅所持限 售股为高管锁定股，具体情况请关注公司披露的定期报告。 ...

Group 1 - The core viewpoint of the article highlights the potential growth of the company's ADAS active perception cleaning system, particularly with the anticipated rollout of Level 3 autonomous driving by 2026 [2] - The company has made a forward-looking layout in the relevant field, with some clients already entering the designated project phase [2] - For the designated projects, the company plans to gradually configure a production capacity of 250,000 sets per year for the gas-liquid mixed cleaning system based on the production progress [2] Group 2 - The company's products are expected to have a promising market outlook in the high-level autonomous driving sector, which may become one of the important growth drivers for the company in the future [2]

Group 1 - The core point of the article is that Hengshuai Co., Ltd. announced a significant reduction in its convertible bonds by major shareholders, indicating a strategic shift or potential liquidity event [1] - The controlling shareholder, Ningbo Hengshuai Investment Management Co., Ltd., along with actual controller Yu Guomei and a related party, Ningbo Yumi Equity Investment Management Partnership, notified the company about the reduction [1] - The total amount of convertible bonds reduced is 513,449 units, which represents 15.68% of the total issuance of Hengshuai convertible bonds [1]

Core Viewpoint - The company Hengshuai Co., Ltd. (300969.SZ) announced a significant reduction in its convertible bonds held by major shareholders, indicating potential shifts in shareholder confidence and capital structure [1] Group 1: Shareholder Actions - The controlling shareholder Hengshuai Investment, along with actual controller Yu Guomei and the concerted actor Ningbo Yumi, notified the company of their recent actions [1] - These shareholders have reduced their holdings of Hengshuai convertible bonds by a total of 513,449 units [1] - This reduction represents 15.68% of the total issuance of Hengshuai convertible bonds [1]