证券代码：301210 证券简称：金杨精密 公告编号：2026-007 无锡金杨精密制造股份有限公司 关于向不特定对象发行可转换公司债券申请 获得深圳证券交易所上市审核委员会审核通过的公告 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。 2026 年 2 月 11 日，深圳证券交易所上市审核委员会召开 2026 年第 8 次审 议会议，对无锡金杨精密制造股份有限公司（以下简称"公司"）向不特定对象 发行可转换债券（以下简称"本次发行"）的申请进行了审核。根据会议审议结 果，公司本次发行的申请符合发行条件、上市条件和信息披露要求。 本次发行事项尚需履行中国证券监督管理委员会（以下简称"中国证监会"） 注册程序，最终中国证监会能否同意注册及其时间尚存在不确定性。公司将在收 到中国证监会做出的予以注册或不予以注册的决定文件后另行公告。敬请广大投 资者注意投资风险 特此公告。 无锡金杨精密制造股份有限公司董事会 2026 年 2 月 12 日 ...

Group 1 - The core point of the article is that Jinyang Precision (301210) reported its shareholder count as of January 30, 2026, which stands at 13,538 households according to the regular holder list issued by the Shenzhen branch of China Securities Depository and Clearing Co., Ltd. [1]

Group 1 - The company, Jinyang Precision, announced the completion of the transfer of funds for its "High Safety Performance Quantitative Power Battery Special Material R&D and New Factory Project" [2] - All fundraising accounts have been closed, and the relevant tripartite supervision agreement with the sponsoring institution and banks has been terminated [2]

证券代码：301210 证券简称：金杨精密 公告编号：2026-006 无锡金杨精密制造股份有限公司 关于注销部分募集资金账户的公告 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、募集资金的情况概述 根据中国证券监督管理委员会《关于同意无锡市金杨新材料股份有限公司首次公开发 行股票注册的批复》（证监许可[2023]622 号），公司获准向社会公开发行人民币普通股 （A 股）股票 2,061.4089 万股，每股面值人民币 1 元，发行价格为人民币 57.88 元/股， 募集资金总额为人民币 1,193,143,471.32 元，扣除各项发行费用人民币 116,827,630.75 元（不含税），实际募集资金净额为人民币 1,076,315,840.57 元。 截至本公告披露日，公司募集资金专户的开立及存续情况如下： | 序号 | 账户名称 | 银行名称 | 募集资金专户账号 | 募集资金用途 | 备注 | | --- | --- | --- | --- | --- | --- | | 1 | 无锡金杨精密制造股 份有限公司 | 交通银行股份有限公 司无锡 ...

Core Viewpoint - The company Jin Yang Precision is seeking to raise 980 million yuan through a convertible bond issuance, just two and a half years after its IPO, raising questions about its financial strategy and operational pressures [1][2]. Financing Plan - The company plans to allocate the raised funds to two projects and to supplement working capital [2]. - The projects include a 600 million yuan investment in a lithium battery precision structural component project in Xiamen and an 800 million yuan investment in a similar project in Xiaogan, with an additional 230 million yuan for working capital [3][4]. Financial Position - As of the 2025 semi-annual report, the company has a low debt-to-asset ratio of 25.15% and cash reserves of 169 million yuan, along with 307 million yuan in large time deposits, indicating it does not appear to be in immediate financial distress [1][5]. - However, the company is experiencing a strong urge for expansion despite not fully utilizing its existing production capacity, which raises concerns about the sustainability of its aggressive growth strategy [5]. Performance Challenges - The company's net profit has been declining, with a drop from 87.89 million yuan in 2022 to an estimated 13.61 million yuan in the first half of 2025, and a projected net profit of 45.5 million to 55.5 million yuan for 2025, representing a year-on-year decrease of 1.35% to 19.12% [6]. - The gross margin for its core battery precision structural components has halved from 21.89% to 10.46%, indicating significant pressure on profitability due to market competition and pricing strategies [6]. Operational Pressures - The company's accounts receivable have been increasing, rising from 23.13% to 31.83% of revenue from 2022 to 2024, indicating cash flow challenges [7]. - The inventory turnover rate is below industry averages, suggesting that a significant amount of product is shipped but not yet settled, further straining working capital [7]. Strategic Shift - The company is strategically shifting focus from consumer electronics to the rapidly growing sectors of new energy vehicles and energy storage, aiming to reduce reliance on traditional markets [9]. - It has successfully integrated into the supply chains of major battery manufacturers like CATL and BYD, which may provide a potential market for its new projects [9]. Risks and Uncertainties - The transition to new product lines, particularly large cylindrical battery structural components, is fraught with uncertainties due to the complexity of technology and lengthy customer validation periods [9][10]. - The company faces intense competition from established players in the industry, and if the new projects do not yield expected returns, it may encounter significant financial strain [10].

Core Viewpoint - The company, Jinyang Precision, is planning to issue convertible bonds worth 980 million yuan to finance two projects and supplement working capital, raising concerns about its rapid fundraising within a short period after its IPO [1][2]. Group 1: Financing Details - The company aims to invest 600 million yuan in a project in Xiamen, focusing on precision structural components for batteries, targeting markets in Europe and the U.S. [3] - An additional 800 million yuan is planned for a project in Xiaogan, aimed at the energy storage and power battery markets, serving major clients like BYD and CATL [3]. - 230 million yuan will be allocated to supplement working capital, which constitutes 23.47% of the total fundraising amount [3]. Group 2: Financial Position and Expansion Strategy - Despite a low debt ratio of 25.15% and significant cash reserves, the company is pursuing aggressive expansion, indicating a strong desire for growth [1][4]. - The total investment for the two projects exceeds 1.4 billion yuan, which is more than one-third of the company's current market value of approximately 4.4 billion yuan [3]. - The company is positioning itself for strategic capacity expansion in the rapidly growing sectors of new energy vehicles and energy storage [3][7]. Group 3: Performance Challenges - The company's net profit has been declining, with a drop from 87.89 million yuan in 2022 to 13.61 million yuan in the first half of 2025, and a projected net profit of 45.5 million to 55.5 million yuan for 2025, representing a year-on-year decrease of 1.35% to 19.12% [5]. - The gross margin for its core battery precision structural components has halved from 21.89% to 10.46%, indicating significant pressure on profitability [5]. - Rising accounts receivable and inventory levels suggest increasing operational cash flow pressures, with accounts receivable as a percentage of revenue rising from 23.13% to 31.83% from 2022 to 2024 [6]. Group 4: Market Position and Competitive Landscape - The company is shifting its focus away from consumer electronics to embrace the new energy vehicle and energy storage markets, embedding itself within the supply chains of major battery manufacturers [7]. - However, the transition is fraught with challenges, including technological uncertainties and intense competition from established players in the battery sector [7][8]. - If the new projects do not yield expected returns, the company may face significant repayment pressures, with a potential shortfall of approximately 134 million yuan in bond repayments under extreme scenarios [8].

公司本次向不特定对象发行可转换公司债券事项尚需通过深交所审核，并经 中国证券监督管理委员会（以下简称"中国证监会"）作出同意注册的决定后方 证券代码：301210 证券简称：金杨精密 公告编号：2026-005 无锡金杨精密制造股份有限公司 关于向不特定对象发行可转换公司债券募集说明书 等申请文件更新的提示性公告 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。 无锡金杨精密制造股份有限公司（以下简称"公司"）于 2025 年 11 月 5 日 收到深圳证券交易所（以下简称"深交所"）出具的《关于无锡市金杨新材料股 份有限公司申请向不特定对象发行可转换公司债券的审核问询函》（审核函〔2025〕 020057 号，以下简称"审核问询函"）。深交所对公司报送的向不特定对象发行 可转换公司债券的申请文件进行了审核，并形成审核问询问题。 公司按照审核问询函的要求，会同相关中介机构针对审核问询函所列问题进 行了认真研究和回复，并对募集说明书等相关申请文件内容进行了更新。已根据 相关要求对上述文件进行公开披露，具体内容详见公司 2025 年 11 月 26 日在巨 潮资讯网 ...

国信证券股份有限公司关于 无锡金杨精密制造股份有限公司 创业板向不特定对象发行可转换公司债券的 发行保荐书 保荐人（主承销商） （注册地址：深圳市红岭中路 1012 号国信证券大厦 16-26 层） 二〇二六年二月 保荐机构声明 本保荐机构及所指定的两名保荐代表人均是根据《中华人民共和国公司法》 （以下简称《公司法》）、《中华人民共和国证券法》（以下简称《证券法》）、 《上市公司证券发行注册管理办法》（以下简称《注册管理办法》）等有关法律、 法规和中国证券监督管理委员会（以下简称中国证监会）的有关规定，诚实守信， 勤勉尽责，严格按照依法制订的业务规则、行业执业规范和道德准则出具本发行 保荐书，并保证所出具的文件真实、准确、完整。 一、保荐代表人情况 刘伟先生：经济学硕士，保荐代表人。2007 年开始从事投资银行工作，曾 主持或参与了新光药业 2016 年 IPO 项目、久日新材 2019 年 IPO 项目；众合科 技 2010 年非公开发行股票项目、久联发展 2012 年非公开发行股票项目、利欧股 份 2018 年可转债项目、晶瑞电材 2021 年可转债项目、晶瑞电材 2022 年以简易 程序向特定对象发行股 ...

国信证券股份有限公司 关于无锡金杨精密制造股份有限公司 创业板向不特定对象发行可转换公司债券 之 上市保荐书 保荐机构（主承销商） 深圳证券交易所： 无锡金杨精密制造股份有限公司（以下简称"金杨精密"、"发行人"、"公司"） 拟申请向不特定对象发行可转换公司债券。国信证券股份有限公司（以下简称"国 信证券"、"保荐机构"）认为发行人符合《公司法》《证券法》《注册管理办法》 以及《深圳证券交易所创业板股票上市规则》（以下简称《上市规则》）等法律、 法规和规范性文件的规定，同意向贵所保荐金杨精密申请向不特定对象发行可转 换公司债券。现将有关情况报告如下： 一、发行人基本情况 （一）发行人简介 （住所：深圳市罗湖区红岭中路 1012 号国信证券大厦 16-26 层） 二〇二六年二月 保荐机构声明 本保荐机构及所指定的两名保荐代表人均是根据《中华人民共和国公司法》 （以下简称《公司法》）、《中华人民共和国证券法》（以下简称《证券法》）、《上 市公司证券发行注册管理办法》（以下简称《注册管理办法》）等法律法规和中国 证券监督管理委员会（以下简称中国证监会）及深圳证券交易所的有关规定，诚 实守信，勤勉尽责，严格按照依法制 ...

证券代码：301210 证券简称：金杨精密 无锡金杨精密制造股份有限公司 无锡市锡山区鹅湖镇张马桥路 168 号 向不特定对象发行可转换公司债券 募集说明书（上会稿） 保荐机构（主承销商） （住所：深圳市罗湖区红岭中路 1012 号国信证券大厦 16-26 层） 二〇二六年二月 无锡金杨精密制造股份有限公司 向不特定对象发行可转换公司债券募集说明书 声 明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对申 请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行 人的盈利能力、投资价值或者对投资者的收益作出实质性判断或保证。任何与 之相反的声明均属虚假不实陈述。 根据《证券法》的规定，证券依法发行后，发行人经营与收益的变化，由 发行人自行负责。投资者自主判断发行人的投资价值，自主作出投资决策，自 行承担证券依法发行后因发行人经营与收益变化或者证券价格变动引致的投资 风险。 1-1-1 无锡金杨精密制造股份有限公司 向不特定对象发行可转换公司债券募集说明书 重大事项提示 本重大事项提示仅对需投资者特别关注的风险因素及其他重要事项进行提 醒。敬请投资者认真阅读募集说明书"第三节 风险因 ...