Group 1 - The core viewpoint of the news is that Futec Technology has seen a significant increase in its stock price, reflecting positive market sentiment and investor interest [1] - Futec Technology, established on August 10, 2011, is located in Anji County, Huzhou City, Zhejiang Province, and specializes in the research, production, and sales of high-voltage power supply systems for new energy vehicles [1] - The company's main business revenue composition includes 95.68% from new energy vehicle products, 2.45% from technical services, 1.69% from non-vehicle new energy products, and 0.18% from other sources [1] Group 2 - According to data, a fund under China Merchants Fund holds a significant position in Futec Technology, with the China Merchants CSI 2000 Index Enhanced A fund owning 272,600 shares, accounting for 0.61% of the fund's net value [2] - The fund has achieved a year-to-date return of 49.1%, ranking 673 out of 4189 in its category, and has a total asset size of 573 million [2] - The fund manager, Wang Ping, has a tenure of over 15 years, with the best fund return during his tenure being 279.76% [3]

Core Viewpoint - Futec Technology experienced significant trading activity on December 31, with a total of 5 block trades amounting to 1.5913 million shares and a total transaction value of 56.499 million yuan, all executed at a discount relative to the closing price [2][3]. Trading Activity Summary - On December 31, the block trades included 5 transactions with a total volume of 1.5913 million shares and a total value of 56.499 million yuan, all at discounted prices compared to the closing price [2]. - Over the past three months, Futec Technology has recorded a total of 31 block trades, with a cumulative transaction value of 192 million yuan [3]. - The closing price of Futec Technology on the same day was 40.11 yuan, reflecting a decrease of 1.21%, with a daily turnover rate of 2.29% and a total transaction amount of 99.606 million yuan [3]. Institutional Participation - Institutional trading desks participated in 2 of the block trades, with a total transaction value of 8.6245 million yuan, resulting in a net purchase of 8.6245 million yuan [2]. - The latest margin financing balance for Futec Technology is 106 million yuan, which has increased by 22.2435 million yuan over the past five days, representing a growth rate of 26.50% [4]. Detailed Block Trade Data - The block trade details on December 31 are as follows: - 79.28 thousand shares at 25.7656 million yuan, priced at 32.50 yuan, a discount of 18.97% from the closing price [4]. - 50.85 thousand shares at 20.0904 million yuan, priced at 39.51 yuan, a discount of 1.50% [4]. - 15.00 thousand shares at 550.50 thousand yuan, priced at 36.70 yuan, a discount of 8.50% [4]. - 8.50 thousand shares at 311.95 thousand yuan, priced at 36.70 yuan, a discount of 8.50% [4]. - 5.50 thousand shares at 201.85 thousand yuan, priced at 36.70 yuan, a discount of 8.50% [4].

Group 1 - The core viewpoint of the news highlights the financial performance and stock activity of Futec Technology, indicating a decline in stock price and significant trading volume on December 30 [1] - As of December 30, Futec Technology's financing balance reached 106 million yuan, accounting for 2.34% of its market capitalization, which is above the 70th percentile of the past year [1] - The company reported a revenue of 2.559 billion yuan for the period from January to September 2025, representing a year-on-year growth of 116.31%, with a net profit of 137 million yuan, up 65.94% year-on-year [2] Group 2 - Futec Technology has a total of 9,070 shareholders as of December 19, 2025, reflecting a 1.80% increase from the previous period, while the average circulating shares per person decreased by 1.76% [2] - The company has distributed a total of 1.9983 million yuan in dividends since its A-share listing [3] - As of September 30, 2025, notable changes in institutional holdings include the exit of several funds from the top ten circulating shareholders [3]

Summary of Key Points Core Viewpoint - Futec Technology experienced a decline of 1.72% on December 29, closing at 41.05 yuan, with significant block trades occurring during the day [1]. Trading Activity - Two block trades were executed, totaling 160,000 shares and a transaction amount of 6.0096 million yuan [1]. - The first trade was priced at 37.56 yuan for 106,000 shares, amounting to 3.9814 million yuan, with a discount rate of -8.50%. The buyer was an institutional investor, and the seller was CITIC Securities Co., Ltd. Hunan Branch [1]. - The second trade also occurred at 37.56 yuan for 54,000 shares, totaling 2.0282 million yuan, with the same discount rate of -8.50%, involving the same buyer and seller as the first trade [1]. Recent Performance - Over the past three months, Futec Technology has recorded 24 block trades, with a cumulative transaction amount of 109 million yuan [1]. - In the last five trading days, the stock has increased by 2.19%, although there has been a net outflow of 60.0331 million yuan from major funds [1].

Investment Rating - The report maintains a positive investment rating for the automotive industry, specifically recommending companies with strong alpha potential and growth prospects [2][4][5]. Core Insights - The report highlights the challenges faced by the used car export market, particularly from Japan, emphasizing the need for standardized rating systems and trust-building measures between buyers and sellers [3]. - It suggests that companies with strong operational capabilities, such as large dealership groups and platforms like Uxin, are well-positioned to capitalize on the growth of used car exports [3]. - The report notes that the automotive parts sector is currently facing headwinds due to high inventory levels and the exhaustion of trade-in subsidies, but there is a cautious optimism for market recovery in the coming year [4]. - Companies like Daimay and Fuda are highlighted for their stable performance and growth potential, particularly in the robotics sector and their international market presence [5][6]. Summary by Sections Used Car Export Insights - The used car export market is hindered by trust issues and a complex transaction chain, with Japan's stringent vehicle inspection policies serving as a potential model for improvement [3]. - Uxin is identified as a key player with a growing inventory of nearly 7,000 used cars, making it a recommended investment for the next two to three years [3]. Automotive Parts Sector Update - The automotive industry did not experience the anticipated year-end surge, primarily due to the depletion of trade-in subsidies and consumer hesitance [4]. - Recommendations include companies with strong alpha characteristics such as Shuanghuan Transmission and Yinlun, which are expected to benefit from stable growth and high market ceilings [4]. Daimay and Robotics Sector - Daimay is recognized for its stable earnings, low valuation, and significant growth potential, particularly in automotive interior components and robotics [5][6]. - The company has made significant strides in expanding its client base, including partnerships with major electric vehicle manufacturers, and is positioned to support Tesla's localization efforts in North America [6].

Group 1 - Futec Technology's stock price increased by 5.33% to 43.29 CNY per share, with a total market capitalization of 6.728 billion CNY and a trading volume of 49.1348 million CNY, reflecting a turnover rate of 1.07% [1] - The company has experienced a cumulative increase of 3.79% over the past three days [1] - Futec Technology, established on August 10, 2011, specializes in the research, production, and sales of high-voltage power systems for new energy vehicles, with 95.68% of its revenue coming from new energy vehicle products [1] Group 2 - The招商中证2000指数增强A fund holds 272,600 shares of Futec Technology, representing 0.61% of the fund's net value, making it the sixth-largest holding [2] - The fund has generated a floating profit of approximately 597,100 CNY today, with a floating profit of 409,000 CNY during the three-day increase [2] - The fund has achieved a year-to-date return of 48%, ranking 717 out of 4,197 in its category, and a one-year return of 43.45%, ranking 761 out of 4,170 [2] Group 3 - The fund manager Wang Ping has a tenure of 15 years and 191 days, with a total fund asset size of 21.247 billion CNY and a best return of 271.58% during his tenure [3] - Co-manager Liu Hu has a tenure of 95 days, managing assets of 1.789 billion CNY, with a best return of 2.69% [3]

股票代码：301607 股票简称：富特科技 浙江富特科技股份有限公司 与 国泰海通证券股份有限公司 关于浙江富特科技股份有限公司 申请向特定对象发行股票的第二轮审核 问询函的回复 中国（上海）自由贸易试验区商城路 618 号 二〇二五年十二月 深圳证券交易所： 根据贵所于 2025 年 12 月 18 日印发的《关于浙江富特科技股份有限公司申 请向特定对象发行股票的第二轮审核问询函》（审核函〔2025〕020080 号）（以 下简称"问询函"）的要求，浙江富特科技股份有限公司（以下简称"富特科技"、 "发行人"或"公司"）会同国泰海通证券股份有限公司（以下简称"保荐人" 或"国泰海通"）、浙江天册律师事务所（以下简称"发行人律师"），对问询函提 出的问题逐项进行了认真核查落实。现回复如下，请予审核。 如无特别说明，本回复中的简称或名词释义与募集说明书具有相同含义。 本问询函回复中的字体代表以下含义： 保荐人（主承销商） | 项目 | 字体 | | --- | --- | | 审核问询函所列问题 | 黑体 | | 对审核问询函所列问题的回复 | 宋体（不加粗） | | 回复中涉及对募集说明书修改、补充的内容 | ...

浙江天册律师事务所 关于 浙江富特科技股份有限公司 2025 年度向特定对象发行 A 股股票的 浙江省杭州市杭大路 1 号黄龙世纪广场 A 座 11 楼 310007 电话：0571-87901111 传真：0571-87901500 补充法律意见书（二） 补充法律意见书（二） 浙江天册律师事务所 关于浙江富特科技股份有限公司 2025 年度向特定对象发行 A 股股票的 补充法律意见书（二） 编号：TCYJS2025H2245 号 致：浙江富特科技股份有限公司 浙江天册律师事务所（以下简称"本所"，系一家特殊的普通合伙所）接受 浙江富特科技股份有限公司（以下简称"富特科技""发行人"或"公司"）的 委托，作为公司2025年度向特定对象发行 A 股股票（以下简称"本次发行"） 的专项法律顾问，为公司本次发行提供法律服务，并已出具"TCYJS2025H1565 号"《浙江天册律师事务所关于浙江富特科技股份有限公司2025年度向特定对象 发行 A 股股票的法律意见书》（以下简称"《法律意见书》"）、"TCLG2025 H1806号"《浙江天册律师事务所关于浙江富特科技股份有限公司2025年度向特 定对象发行 A 股 ...

股票代码：301607 股票简称：富特科技 浙江富特科技股份有限公司 Zhejiang EV-Tech Co.,Ltd. （浙江省湖州市安吉县递铺街道文昌路 505 号） 2025 年度向特定对象发行 A 股股票 募集说明书（修订稿） 保荐机构（主承销商） 中国（上海）自由贸易试验区商城路 618 号 二〇二五年十二月 浙江富特科技股份有限公司 募集说明书 声明 本公司及全体董事、高级管理人员承诺本募集说明书内容真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，按照诚信原则履行承诺，并承担相应 的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人保证募集说明书中财务 会计资料真实、准确、完整。 中国证监会、深圳证券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 ...

国泰海通证券股份有限公司 关于浙江富特科技股份有限公司 2025 年度持续督导培训情况报告 根据《证券发行上市保荐业务管理办法》《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》要求，国泰海通证券股份有限公司（以下简称"国 泰海通"）作为浙江富特科技股份有限公司（以下简称"富特科技"或"公司"） 首次公开发行股票并在创业板上市的保荐机构，对公司进行了 2025 年度持续督 导培训，报告如下： 一、本次培训的基本情况 （一）保荐人：国泰海通证券股份有限公司 （二）培训时间：2025 年 12 月 18 日 （三）培训方式：现场授课 （四）培训地点：富特科技会议室 （五）培训人员：保荐代表人杜惠东 （六）培训对象：公司控股股东、实际控制人、董事、高级管理人员等相关 人员 本次培训前，国泰海通编制了培训材料，并提前要求参与培训的相关人员了 解培训相关内容。 二、本次培训的主要内容 本次培训根据《中华人民共和国公司法》《中华人民共和国证券法》《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 — ...