Core Viewpoint - The casting machine industry in China is rapidly developing, becoming one of the world's leading manufacturing countries, driven by stricter environmental policies and upgraded market demands [1][3]. Industry Definition and Classification - Casting machines are mechanical devices used in the casting production process, including various processes such as molding, core making, box assembly, pouring, and cleaning [2]. Industry Development Status - In 2024, China's casting machine production is expected to reach 72,012 units, an increase of 1,061 units from 2023; demand is projected at 66,550 units, up by 1,138 units; and the market size is estimated at 48.607 billion yuan, an increase of 1.126 billion yuan from 2023. By 2025, production is anticipated to reach 73,250 units, demand 67,800 units, and market size 50 billion yuan [1][3]. Industry Trade - In 2024, China is expected to import 189 casting machines valued at 558 million yuan and export 0.57 units valued at 2.545 billion yuan [4]. Industry Chain - The upstream of the casting machine industry includes raw materials like steel, cast iron, copper, and non-metal materials, while the midstream involves R&D and manufacturing of casting machines. The downstream users span various sectors, including automotive, aerospace, rail transportation, energy equipment, and construction [4]. Development Environment - Related Policies - The casting industry is crucial for national economic development and defense. The Chinese government has implemented several policies to promote the high-quality development of the casting and forging industry, emphasizing the importance of mastering key technologies and equipment manufacturing [5]. Competitive Landscape - The Chinese casting machine industry is characterized by a large number of small and medium-sized enterprises, leading to intense competition. The market shows a trend of "head concentration and regional aggregation," with international giants like Bühler, Fuchs, and Italpresse dominating the high-end market, while domestic leaders like Lijin Technology and Yizhiming lead the mid-to-high-end market [5][6]. Representative Enterprises - Lijin Group is the world's largest manufacturer of die-casting machines, with projected revenue of 5.825 billion HKD and a net profit of 350 million HKD in 2024 [6]. - Yizhiming specializes in high polymer materials and metal forming, with a projected revenue of 893 million yuan from die-casting machines in 2024, accounting for 17.65% of total revenue [7]. Industry Development Trends - The performance of casting machines directly impacts the quality, efficiency, and cost of castings, driving the industry towards higher efficiency, greener practices, and more intelligent and diversified solutions [8].

Group 1 - The core point of the article is the announcement by Xusheng Group regarding the election of Ding Haiping as the employee representative director of the fourth board of directors during the second employee representative meeting held on September 12, 2025 [1] Group 2 - The employee representative meeting was conducted democratically, with all attending representatives unanimously agreeing to the election [1] - The meeting took place on the evening of September 12, 2025, as per the company's announcement [1]

| 证券代码：603305 | 证券简称：旭升集团 | | 公告编号：2025-057 | | --- | --- | --- | --- | | 债券代码：113685 | 债券简称：升 24 | 转债 | | 宁波旭升集团股份有限公司 宁波旭升集团股份有限公司董事会 2025年9月13日 附：职工代表董事简历 丁海平先生：1975 年出生，中国国籍，无境外永久居留权，初中学历。曾 担任宁波旭升机械有限公司模具部主管、工程技术中心主任、职工代表监事；现 任公司职工代表董事、总工程师。 截至本公告披露日，丁海平先生直接持有公司股份 196 股，与公司控股股 东及实际控制人不存在关联关系，未受过中国证监会及其他有关部门的处罚和证 券交易所惩戒。 宁波旭升集团股份有限公司（以下简称"公司"）已于 2025 年 8 月 27 日召 开的第四届董事会第九次会议、2025 年 9 月 12 日召开的 2025 年度第一次临时 股东会审议通过了《关于取消监事会、变更注册资本并修订《公司章程》及相关 制度的议案》，公司依法设立职工代表董事，产生方式为通过职工代表大会选举。 为保证公司董事会正常运作，公司于 2025 年 9 ...

| 证券代码：603305 | 证券简称：旭升集团 公告编号：2025-058 | | --- | --- | | 债券代码：113685 | 债券简称：升 24 转债 | 宁波旭升集团股份有限公司 2025年第一次临时股东大会决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 9 月 12 日 (二)股东大会召开的地点：宁波市北仑区沿山河南路 68 号一楼 101 会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： 3、董事会秘书罗亚华女士出席了本次会议；全体高管列席了本次会议。 二、 议案审议情况 (一)非累积投票议案 1、 议案名称：《关于变更注册资本、取消监事会并修订<公司章程>的议案》 审议结果：通过 | 1、出席会议的股东和代理人人数 | 690 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 572,246,338 | | 3、出席会 ...

上海国瓴律师事务所 关于 宁波旭升集团股份有限公司 2025 年第一次临时股东大会见证的 法律意见 上海国瓴律師事務所 SHANGHAI GUOLING LAW FIRM 上海市徐汇区衡山路 598 号 电话：021-33883626 传真：021-34127367 网址：www.guolinglaw.com 2025 年第一次临时股东大会见证的法律意见 上海国瓴律师事务所 关于 宁波旭升集团股份有限公司 2025 年第一次临时股东大会见证的 法律意见 国瓴 2025009-2 号 致：宁波旭升集团股份有限公司 上海国瓴律师事务所（以下简称"本所"）受宁波旭升集团股份有限公司（以 下简称"公司"）委托，指派阮芳洋律师和许玲玉律师（以下合称"本所律师"） 出席公司 2025 年第一次临时股东大会（以下简称"本次股东大会"），对本次 股东大会召开的合法性进行见证并出具本法律意见。 本所律师依据本法律意见出具日前已经发生或存在的事实和《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》"）、《上市公司股东会规则（2025 年修订）》（以下简称"《股 东会规则》"）等 ...

Group 1 - The company "Youcan Co., Ltd." has a subscription code of 732418 and an issuance price of 46.36 yuan, with a total market value of 6.713 billion yuan and an issuance price-earnings ratio of 22.31 [2][4] - The main business composition includes: threshold beam series (44.25%), battery tray series (26.94%), bumper series (10.66%), sub-frame series (3.18%), and others (14.97%) [4] - The company specializes in aluminum alloy automotive parts, focusing on the penetration of new energy vehicles and the trend of lightweighting [4] Group 2 - The company has officially started production to serve clients such as Wolting, indicating a deepening of its international market layout [4] - The company is positioned to benefit from the accelerating penetration of new energy vehicles in the domestic market [4]

Company Overview - YouSheng Co., Ltd. (友升股份) is a professional manufacturer of aluminum alloy automotive components, focusing on lightweight automotive parts, particularly in the new energy vehicle sector [1] - The company has developed a product system that includes threshold beams, battery trays, bumpers, and subframes [1] IPO Details - The company is set to be listed on the Shanghai Stock Exchange with an issuance price of 46.36 CNY per share and a market capitalization of 6.713 billion CNY [4] - The issuance price-to-earnings ratio is 22.31, compared to the industry average of 29.08 [4] Financial Performance - Revenue from the threshold beam series is projected to be 1.748 billion CNY in 2024, contributing 48.90% to total revenue, while the battery tray series is expected to generate 1.064 billion CNY, contributing 29.77% [7] - The combined revenue contribution from these two product lines exceeds 75% [7] Market Position - The company holds a domestic market share of 64.25% for threshold beams and 12.30% for bumpers [7] - The battery tray products are expected to see significant market share growth as they begin bulk supply to major clients like CATL and Volvo starting in 2023 and 2024, respectively [7] Client Relationships - YouSheng has established stable partnerships with leading new energy vehicle manufacturers, including Tesla, GAC Group, NIO, and Xpeng Motors, with a high supply ratio of over 60% for many models [7] Awards and Recognition - The company was recognized as one of the "Top 20 Industrial Aluminum Profile Enterprises in China" by Shanghai Nonferrous Metals Network in April 2024 [8] - It has also received awards for quality assurance from major clients like BAIC New Energy and NIO [8] Fundraising Allocation - The company plans to allocate 12.71 billion CNY (51.43%) of the raised funds to the Yunnan YouSheng lightweight aluminum alloy component production base project [6] - An additional 7.00 billion CNY (28.33%) will be directed towards the annual production of battery trays and chassis components [6] - 5.00 billion CNY (20.24%) will be used to supplement working capital [6] Cash Flow Concerns - The company has indicated potential liquidity risks due to its reliance on prepayment for raw materials while offering credit terms of 60 to 90 days to customers [8] - The net cash flow from operating activities has shown a negative trend, with projected figures of 49.12 million CNY, 38.02 million CNY, and -253 million CNY for 2022, 2023, and 2024, respectively [8]

| 证券代码：603305 | 证券简称：旭升集团 | 公告编号：2025-056 | | --- | --- | --- | | 债券代码：113685 | 债券简称：升 转债 24 | | 宁波旭升集团股份有限公司 关于开立募集资金暂时补流专项账户 并签署募集资金暂时补流专户存储监管协议的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 三、《募集资金专户存储三方监管协议》的签订情况和募集资金专户的开 立情况 为规范公司募集资金的存放、使用与管理，保护中小投资者的合法权益，根 据《证券法》《上海证券交易所上市公司自律监管指引第 1 号——规范运作》《上 市公司募集资金监管规则》等法律、法规和规范性文件以及公司《募集资金管理 制度》的相关规定，公司及保荐机构中信建投证券股份有限公司（以下简称"保 荐机构"）与招商银行股份有限公司宁波分行签订了《募集资金专户存储三方监 管协议》，协议内容与上海证券交易所制订的《募集资金专户存储三方监管协议 （范本）》不存在重大差异。 截止披露日，本次募集资金专户开立及存储情况如下： ...

Core Viewpoint - The company, Xusheng Group, announced plans to hold a semi-annual performance briefing on September 16, 2025, from 15:00 to 16:00 via the Securities Daily online roadshow platform [2] Group 1 - The performance briefing is scheduled for September 16, 2025 [2] - The event will take place in the afternoon between 15:00 and 16:00 [2] - The briefing will be conducted through the Securities Daily online roadshow platform [2]

| 证券代码：603305 | 证券简称：旭升集团 | 公告编号：2025-055 | | --- | --- | --- | | 债券代码：113685 | 债券简称：升 24 转债 | | 宁波旭升集团股份有限公司 关于召开 2025 年半年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： ● 会议召开时间：2025年9月16日（星期二）下午15:00－16:00 ● 会议召开地点：证券日报网路演平台（http://www.zqrb.cn/huiyi/lyhd/inde x.html） ● 会议召开方式：文字网络互动 ● 投资者可在业绩说明会召开日前（9月9日-9月15日），提前将需要了解 的情况和有关问题通过电子邮件发送至公司董事会办公室邮箱xsgf@nbxus.com。 公司将在本次业绩说明会上对投资者关注的问题进行交流。 宁波旭升集团股份有限公司（以下简称"公司"）已于2025年8月28日在上海 证券交易所网站（www.sse.com.cn）及指定信息披露媒体披露了《公司202 ...