Core Viewpoint - New Aluminum Era's major asset restructuring application has been accepted, aiming to acquire 100% equity of Honglian Electronics for a transaction price of 1.22 billion yuan [1] Group 1: Transaction Details - New Aluminum Era plans to issue 23.0781 million shares, accounting for 13.83% of the total share capital post-transaction, at a price of 34.11 yuan per share [1] - The company intends to raise supporting funds from no more than 35 specific investors [1] Group 2: Business Expansion - Honglian Electronics specializes in the R&D, production, and sales of display stands, bases, precision stamping parts, and structural components [1] - The acquisition will expand New Aluminum Era's business scope and enhance its product offerings [1] Group 3: Financial Performance of Honglian Electronics - Honglian Electronics reported revenues of 1.105 billion yuan, 1.401 billion yuan, and 357 million yuan for the years 2023, 2024, and the first quarter of 2025, respectively [1] - The net profit attributable to the parent company for the same periods was 67.1047 million yuan, 102 million yuan, and 23.932 million yuan [1] Group 4: Strategic Objectives - The transaction aims to expand the consumer electronics business and improve the quality of the listed company [1] - It seeks to enhance the company's profitability and maximize shareholder value [1] - The acquisition is expected to create synergies and improve the overall competitiveness of the listed company [1]

Core Viewpoint - The company plans to acquire 100% equity of Dongguan Honglian Electronics Co., Ltd. through a combination of issuing shares and cash payment, while also raising matching funds [1] Group 1 - The company has received a notification from the Shenzhen Stock Exchange regarding the acceptance of its application for issuing shares to purchase assets and raise matching funds [1] - The Shenzhen Stock Exchange has verified that the application documents submitted by the company are complete and has decided to accept the application [1] - The transaction is subject to approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission, introducing uncertainty regarding the approval timeline [1]

重庆新铝时代科技股份有限公司 关于发行股份及支付现金购买资产并募集配套资金暨关联交易 证券代码：301613 证券简称：新铝时代 公告编号：2025-063 公司近日收到深圳证券交易所（以下简称"深交所"）出具的《关于受理重 庆新铝时代科技股份有限公司发行股份购买资产并募集配套资金申请文件的通 知》（深证上审〔2025〕167 号）。深交所根据相关规定对公司报送的发行股 份及支付现金购买资产并募集配套资金申请文件进行了核对，认为申请文件齐 备，决定予以受理。 本次交易尚需通过深交所审核并取得中国证券监督管理委员会同意注册的批 复，最终能否通过审核、取得注册，以及最终通过审核、取得注册的时间仍存在 不确定性。公司将根据该事项的进展情况，按照有关法律法规的规定和要求及时 履行信息披露义务，敬请广大投资者注意投资风险。 特此公告。 重庆新铝时代科技股份有限公司董事会 2025 年 9 月 11 日 申请文件获得深圳证券交易所受理的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 重庆新铝时代科技股份有限公司（以下简称"公司"）拟通过发行股份及支 付现金的方式购买 ...

Group 1 - The core viewpoint of the news highlights the financial performance and market activity of Xinyu Era Technology Co., Ltd., particularly focusing on its stock performance and financing activities [1][2]. - On September 10, Xinyu Era's stock rose by 1.01%, with a trading volume of 172 million yuan. The net financing buy was -3.50 million yuan, indicating more repayments than new purchases [1]. - As of September 10, the total financing and securities balance for Xinyu Era was 201 million yuan, accounting for 9.95% of its market capitalization [1]. Group 2 - As of August 29, the number of shareholders for Xinyu Era increased to 12,700, a rise of 5.74%, while the average circulating shares per person decreased by 5.43% to 2,836 shares [2]. - For the first half of 2025, Xinyu Era reported a revenue of 1.544 billion yuan, representing a year-on-year growth of 68.82%, and a net profit attributable to shareholders of 140 million yuan, up 37.33% year-on-year [2]. - Since its A-share listing, Xinyu Era has distributed a total of 95.8942 million yuan in dividends [3].

Core Viewpoint - The company has experienced significant revenue growth due to increased orders for battery box enclosures, with a 68.82% year-on-year increase in revenue for the first half of the year [1]. Group 1: Revenue and Client Relationships - The company has signed long-term supply agreements with major clients such as CATL, Zhongchuang Xinhang, Yutong, and Xugong New Energy, which has improved dependency on large customers [1]. - Major clients including BYD, CATL, and Geely have stable mass production orders, indicating a strong market position [1]. Group 2: Profitability and Cost Management - The gross margin decreased in the first half of the year due to market pressure leading to price reductions, aligning with the "volume up, price down" trend [1]. - The company has implemented cost reduction and efficiency improvement measures across labor efficiency, auxiliary material usage, and material procurement costs to mitigate the impact of price declines [1]. Group 3: Financial Expenses and Strategic Acquisitions - Financial expenses increased in the first half of the year primarily due to the company's increased use of debt instruments for factoring [2]. - The acquisition of Honglian Electronics is a key strategic move aimed at expanding the company's operations and product market, leveraging the synergy between materials and precision manufacturing [2]. Group 4: Investment Projects - Several investment projects, including the "Annual Production of 800,000 Sets of Lightweight High-Strength New Energy Vehicle Parts" and "New Aluminum Era Automotive Lightweight Parts Project," are progressing as planned [3]. - The "Aluminum Alloy Recycling Project" aims to enhance the supply of high-end aluminum materials, although mass production remains uncertain [3].

Revenue and Client Dependency - The company's revenue increased by 68.82% year-on-year in the first half of the year, primarily due to an increase in battery box orders [3] - Long-term supply agreements have been signed with major clients such as CATL, Zhongxin Aviation, Yutong, and XCMG, significantly improving client dependency issues [3] Profitability and Financial Performance - The company's gross margin decreased due to market pressure leading to price reductions, aligning with the "volume up, price down" market trend [3] - Financial expenses rose primarily due to increased debt certificate factoring [3] Strategic Acquisitions - The acquisition of Honglian Electronics is part of the company's strategic development, focusing on high-precision aluminum products for the new energy vehicle sector [4] - The core product of Honglian Electronics includes a super high-precision pivot, which has applications in the robotics field [4] Investment Projects 1. Lightweight High-Strength New Energy Vehicle Components Project - Located in Nanchuan District, Chongqing, this project aims to produce 800,000 sets of lightweight high-strength components, enhancing product structure and market share [7] 2. New Aluminum Era Automotive Lightweight Components Project - This project will serve as the management headquarters and R&D center, focusing on components for new energy vehicles and 3C products [7] 3. Chongqing Qijiang New Aluminum Era Aluminum Alloy Recycling Project - This project aims to build 80,000 tons of high-end aluminum rods and 40,000 tons of extruded profiles, enhancing upstream supply capabilities [8] Risk Considerations - Currently, the company is in the product development stage for aluminum body and robotics sectors, with no confirmed orders, leading to uncertainty regarding mass production [5][10] - Investors are advised to exercise caution and be aware of potential risks associated with ongoing projects [6][10]

证券日报网讯新铝时代9月9日在互动平台回答投资者提问时表示，股价波动受市场环境等多重因素影 响，公司经营一切正常。 （文章来源：证券日报） ...

证券日报网讯新铝时代（301613）9月9日在互动平台回答投资者提问时表示，目前最新的股东人数数据 更新至2025年8月29日，股东数量为12，679户。 ...

中信证券股份有限公司 关于重庆新铝时代科技股份有限公司 3 2025年半年度跟踪报告 | 保荐人名称：中信证券股份有限公司 | 被保荐公司简称：重庆新铝时代科技股份有限 | | --- | --- | | | 公司 | | 保荐代表人姓名：王家骥 | 联系电话：010-60833040 | | 保荐代表人姓名：王珺珑 | 联系电话：010-60834643 | 一、保荐工作概述 | 项目 | 工作内容 | | --- | --- | | 1.公司信息披露审阅情况 | | | （1）是否及时审阅公司信息披露文件 | 是 | | （2）未及时审阅公司信息披露文件的次数 | 无 | | 2．督导公司建立健全并有效执行规章制度的情况 | | | （1）是否督导公司建立健全规章制度（包括但不 限于防止关联方占用公司资源的制度、募集资金 | 是 | | 管理制度、内控制度、内部审计制度、关联交易 | | | 制度） | | | （2）公司是否有效执行相关规章制度 | 是 | | 3.募集资金监督情况 | | | （1）查询公司募集资金专户次数 | 6次 | | （2）公司募集资金项目进展是否与信息披露文件 | 是 | | ...

Core Insights - The company achieved total revenue of 1.54 billion in the first half of 2025, representing a year-on-year growth of 68.8%, and a net profit attributable to shareholders of 140 million, up 37.3% year-on-year [1] - In Q2 2025, total revenue reached 914 million, reflecting a year-on-year increase of 68.1%, with a net profit of 90 million, marking a 49.8% year-on-year growth [1] Battery Box Business - The battery box business is the core growth driver, benefiting from industry prosperity, technological barriers, and high-quality clients, leading to significant revenue growth [1] - The increasing penetration rate of new energy vehicles drives demand for battery boxes, with a "one vehicle, one configuration" characteristic enhancing the value per vehicle [1] - The company has developed key technologies such as high-performance aluminum alloy research, digital extrusion, and FSW welding, allowing for adaptability across multiple product generations and applications [1] - The client base has expanded from early partnerships with BYD to include CATL, Yutong, and XCMG, enhancing revenue resilience [1] Cell Shell Business - The cell shell business is expected to achieve structural growth driven by innovation and collaboration with the main business [2] - The demand for cell shells is increasing due to the promotion of integrated technologies like CTP/CTB, which enhance safety and consistency [2] - The company leverages its material and process advantages from the battery box business to offer customized high-performance products, creating a technological barrier [2] Precision Structural Components Business - The precision structural components business is crucial for opening a second growth curve through diverse applications and new business breakthroughs [3] - The company has expanded into the 3C consumer electronics sector through the acquisition of Honglian Electronics, serving major clients like Dell and Lenovo [3] - The focus on high-strength materials in the robotics sector and collaboration with leading global clients positions the company for long-term growth [3] Valuation and Investment Recommendation - The average PE ratio for comparable automotive parts companies in 2025 is projected at 28 times [3] - Given the company's strong development capabilities in precision structural components and potential expansion into new markets, a premium PE of 35 times is suggested, forecasting an EPS of 2.01 for 2025 and a target price of 70.35 [3]