Core Viewpoint - The company has announced plans to establish a wholly-owned subsidiary in Vietnam through its Singapore subsidiary, TOUA TECHNOLOGY PTE LTD, with an investment not exceeding 8 million USD for the construction of a production base [1] Group 1: Investment Details - The total investment amount for the Vietnam production base is expected to be up to 8 million USD, which includes the establishment and operation of the overseas company, factory construction, equipment procurement, and working capital [1] - The company has signed a deposit contract with V.P.S COMPANY LIMITED to lease a facility in Vietnam, specifically in Dong Nai Province, covering an area of 12,897.02 square meters [1] Group 2: Lease Agreement - The lease term for the facility is set for five years, with a monthly rent of 63,840.15 USD and a deposit of 383,000 USD [1]

Group 1 - The company Tengya Precision Engineering (SZ 301125) held its third fourth board meeting on September 29, 2025, to discuss the investment in building a production base in Vietnam and signing a deposit contract [1] - For the fiscal year 2024, the company's revenue composition is as follows: General equipment manufacturing accounts for 75.88%, metal products account for 22.48%, and others account for 1.65% [1] - As of the report date, Tengya Precision Engineering has a market capitalization of 2.8 billion yuan [1]

东吴证券股份有限公司 关于南京腾亚精工科技股份有限公司 委托关联方代付定金合同相关款项暨关联交易的核查意见 南京腾亚精工科技股份有限公司（以下简称"公司"）于 2025 年 9 月 29 日召开第三届董事会第四次会议，审议通过了《关于委托关联方代付定金合同相 关款项暨关联交易的议案》。 （二）关联关系情况 亚德凯为南京腾亚机器人科技有限公司（以下简称"南京机器人"）的全资 子公司，公司控股股东南京腾亚实业集团有限公司（以下简称"腾亚集团"）持 有南京机器人 30.3659%的股权，公司实际控制人乐清勇先生持有南京机器人 18.2951%的股权，公司副董事长李梦先生担任执行事务合伙人的企业南京冠裕创 业投资合伙企业（有限合伙）持有南京机器人 14.7969%的股权，根据《深圳证 券交易所创业板股票上市规则》的相关规定，亚德凯为公司的关联法人，本次代 付事项构成关联交易。 （三）审议程序 东吴证券股份有限公司（以下简称"东吴证券"、"保荐机构"）作为公司 首次公开发行股票并在创业板上市的保荐机构，根据《深圳证券交易所创业板股 票上市规则》、《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》 ...

证券代码：301125 证券简称：腾亚精工 公告编号：2025-070 南京腾亚精工科技股份有限公司 第三届董事会第四次会议决议公告 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。 一、董事会会议召开情况 南京腾亚精工科技股份有限公司（以下简称"公司"）第三届董事会第四次 会议通知于 2025 年 9 月 26 日以电子邮件方式送达至全体董事，会议定于 2025 年 9 月 29 日以现场会议结合通讯的方式召开。本次会议由公司董事长孙德斌先 生召集并主持，会议应出席董事 9 名，实际出席董事 9 名（其中独立董事王兴松 先生、檀国民先生以通讯方式出席了本次会议）。全体高级管理人员列席了本次 会议。本次会议的召集和召开程序符合《中华人民共和国公司法》（以下简称"《公 司法》"）、《南京腾亚精工科技股份有限公司章程》（以下简称"《公司章程》"） 等的有关规定，会议决议合法、有效。 二、董事会会议审议情况 1、审议通过了《关于投资建设越南生产基地并签署定金合同的议案》 根据公司整体战略规划，为进一步完善公司全球化战略布局，拓展国际市场， 快速响应客户需求，公司拟使用 ...

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。 南京腾亚精工科技股份有限公司（以下简称"公司"）于 2025 年 9 月 29 日召开第三届董事会第四次会议，审议通过了《关于投资建设越南生产基地并签 署定金合同的议案》，同意公司使用自有资金或自筹资金通过新加坡全资子公司 TOUA TECHNOLOGY PTE. LTD.（以下简称"新加坡公司"）在越南设立全资 孙公司 Vietnam Toua Technology Company Limited（暂定名，最终以当地主管部 门核准登记为准，以下简称"越南公司"）投资建设越南生产基地，并与 V.P.S COMPANY LIMITED（以下简称"V.P.S"）签署《定金合同》，拟向其租赁位 于越南同奈省仁泽县仁富仁泽 2 工业区 8 号路的厂房、办公楼等。现将具体情况 公告如下： 一、对外投资概述 （一）基本情况 根据公司整体战略规划，为进一步完善公司全球化战略布局，拓展国际市场， 快速响应客户需求，公司拟使用自有资金或自筹资金通过新加坡公司在越南设立 全资孙公司越南公司投资建设越南生产基地。投资总额预计不超过 8 ...

证券代码：301125 证券简称：腾亚精工 公告编号：2025-072 南京腾亚精工科技股份有限公司 关于委托关联方代付定金合同相关款项暨关联交易 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、关联交易概述 （一）关联交易基本情况 根据公司整体战略规划，为进一步完善公司全球化战略布局，拓展国际市场， 快速响应客户需求，公司拟使用自有资金或自筹资金通过新加坡全资子公司 TOUA TECHNOLOGY PTE. LTD.（以下简称"新加坡公司"）在越南设立全资 孙公司 Vietnam Toua Technology Company Limited（暂定名，最终以当地主管部 门核准登记为准，以下简称"越南公司"）投资建设越南生产基地，并与 V.P.S COMPANY LIMITED（以下简称"V.P.S"）签署《定金合同》，向其租赁位于 越南同奈省仁泽县仁富仁泽 2 工业区 8 号路的厂房、办公楼等。具体内容详见公 司同日在巨潮资讯网（www.cninfo.com.cn）上披露的《关于投资建设越南生产 基地并签署定金合同的公告》（公告编号：2025-0 ...

Investment Rating - The industry rating is "Outperform the Market" [6][54]. Core Insights - The low-altitude economy sector is currently experiencing a period of stagnation, with expectations for a rebound driven by industry catalysts and supportive policies [4][29]. - The focus for the low-altitude industry this year is on infrastructure development and the implementation of drone applications, which are seen as essential for the sector's growth [5][30]. - The market is awaiting significant policy support and advancements in the industry, with local governments actively working on practical measures such as airspace planning and low-altitude flight management [4][29]. Summary by Sections Market Review - The Wind Low Altitude Economy Index decreased by 0.55% this week, ranking 164 out of 338, underperforming the market as the Shanghai Composite Index rose by 0.21% [3][13]. - The top five gainers in the A-share and Hong Kong stock markets included: Kaizhong Co. (up 15.44%), Xingwang Yuda (up 11.84%), Shencheng Transportation (up 10.13%), Aerospace Nanhua (up 5.99%), and Zongheng Co. (up 5.78%) [3][16]. Industry Dynamics - Recent developments include strategic partnerships and policy announcements aimed at fostering the low-altitude economy, such as the signing of a cooperation agreement between Hefei City and a helicopter company, and the release of support policies for low-altitude economic development in Shanghai [33][36]. - The Guangdong low-altitude economy has reached a scale of over 100 billion, with more than 15,000 related enterprises, accounting for over 30% of the national low-altitude economy industry chain [37]. Investment Strategy - The report suggests focusing on infrastructure companies such as Les Information and Suzhou Planning, as well as drone-related companies like Jifeng Technology and Henghe Precision [6][32]. - The low-altitude industry is seen as having the potential for a rebound, with the right conditions and catalysts expected to drive growth in the coming months [4][29].

Group 1 - The core viewpoint of the news highlights the recent trading performance and financial metrics of Tengya Precision Engineering, indicating a slight decline in stock price and notable financing activities [1] - As of September 22, Tengya Precision Engineering's stock price dropped by 1.14%, with a trading volume of 132 million yuan. The financing buy-in amount was 9.72 million yuan, while the financing repayment was 9.03 million yuan, resulting in a net financing buy of 695,400 yuan [1] - The total financing and securities balance for Tengya Precision Engineering reached 122 million yuan, accounting for 3.99% of its market capitalization, which is above the 90th percentile of the past year [1] Group 2 - As of September 19, the number of shareholders for Tengya Precision Engineering increased by 29.43% to 10,800, while the average circulating shares per person decreased by 22.74% to 10,909 shares [2] - For the first half of 2025, Tengya Precision Engineering reported a revenue of 295 million yuan, reflecting a year-on-year growth of 1.37%. The net profit attributable to shareholders was 970,200 yuan, showing a significant increase of 110.30% year-on-year [2] - Since its A-share listing, Tengya Precision Engineering has distributed a total of 145 million yuan in dividends, with 65.19 million yuan distributed over the past three years [3]

证券代码：301125 证券简称：腾亚精工 公告编号：2025-069 关于实际控制人部分股份质押的公告 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。 南京腾亚精工科技股份有限公司（以下简称"公司"）近日接到公司实际控 制人乐清勇先生函告，获悉其将所持有本公司的部分股份办理了质押业务，具体 事项如下： 一、股东股份质押基本情况 1、本次股份质押基本情况 | 勇 | 乐清 | | | 名称 | 股东 | | | --- | --- | --- | --- | --- | --- | --- | | | 是 | | 一致行动人 | 大股东及其 | 股东或第一 | 是否为控股 | | | 1,430,000 | | （股） | 数量 | 本次质押 | | | | 7.33% | | 比例 | 持股份 | 占其所 | | | | 1.01% | | 比例 | 股本 | 司总 | 占公 | | | 否 否 | | 售股 押 | 为限 补充质 | 是否 是否为 | | | 日 | 9 月 | 2025 | | 始日 | 质押起 | | | 押登记之日 其他公司生产经营 ...

Market Overview - The Shanghai Composite Index closed at 3860.50 points, slightly below the five-day moving average with a change of -0.26% [1] - The total trading volume of A-shares reached 230.318 billion yuan [1] Stocks Performance - A total of 543 A-shares have surpassed the five-day moving average, with notable stocks showing significant deviation rates [1] - The stocks with the highest deviation rates include: - Xinghui Entertainment (14.67% deviation rate, 20.00% increase) [1] - Youkeshu (14.54% deviation rate, 19.96% increase) [1] - Tengya Precision (14.21% deviation rate, 19.98% increase) [1] - Other stocks with smaller deviation rates that just crossed the five-day moving average include Jianerkang, Aier Eye Hospital, and Huangshan Tourism [1] Detailed Stock Data - The following table summarizes key stock data for those that broke the five-day moving average: | Stock Code | Stock Name | Daily Change (%) | Turnover Rate (%) | Five-Day MA (yuan) | Latest Price (yuan) | Deviation Rate (%) | | --- | --- | --- | --- | --- | --- | --- | | 300043 | Xinghui Entertainment | 20.00 | 19.11 | 5.81 | 6.66 | 14.67 | | 300209 | Youkeshu | 19.96 | 21.56 | 5.35 | 6.13 | 14.54 | | 301125 | Tengya Precision | 19.98 | 10.17 | 20.51 | 23.42 | 14.21 | | 301150 | Zhongyi Technology | 20.00 | 30.50 | 39.06 | 43.92 | 12.44 | | 832978 | Kaiter Co., Ltd. | 13.56 | 11.20 | 33.00 | 36.60 | 10.91 | | 300469 | Information Development | 13.83 | 8.90 | 71.17 | 78.42 | 10.19 | | 300736 | Baibang Technology | 12.81 | 19.38 | 12.94 | 14.18 | 9.57 | | 688329 | Ailong Technology | 12.75 | 14.79 | 22.28 | 24.32 | 9.15 | | 300911 | Yitian Intelligent | 11.02 | 7.77 | 53.60 | 58.31 | 8.80 | | 605319 | Wuxi Zhenhua | 9.99 | 8.77 | 32.89 | 35.68 | 8.48 | | 688052 | Naxin Micro | 10.79 | 7.20 | 178.82 | 193.90 | 8.43 | | 002813 | Luchang Technology | 9.98 | 4.38 | 24.82 | 26.77 | 7.87 | | 300572 | Anchek Testing | 11.52 | 13.81 | 25.31 | 27.30 | 7.86 | | 300808 | Jiuliang Co., Ltd. | 10.22 | 7.92 | 29.29 | 31.59 | 7.84 | | 301358 | Hunan Yunan | 10.77 | 12.93 | 41.03 | 44.23 | 7.81 | | 002066 | Ruitai Technology | 10.04 | 7.48 | 14.05 | 15.13 | 7.69 | | 001301 | Shangtai Technology | 10.00 | 15.85 | 65.50 | 70.53 | 7.68 | [1][2]