证券代码：920593 证券简称：鼎智科技 公告编号：2026-003 江苏鼎智智能控制科技股份有限公司 第二届董事会第二十三次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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 带法律责任。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2026 年 1 月 9 日 2.会议召开地点：公司三楼会议室一 3.会议召开方式：现场方式 4.发出董事会会议通知的时间和方式：2026 年 1 月 4 日以书面方式发出 5.会议主持人：董事长华荣伟先生 6.会议列席人员：董事会秘书孙磊女士 7.召开情况合法合规的说明： 本次会议的召集、召开、议案审议程序等均符合《中华人民共和国公司法》 等法律、行政法规、部门规章、规范性文件和《公司章程》的规定。 （二）会议出席情况 会议应出席董事 9 人，出席和授权出席董事 9 人。 二、议案审议情况 （一）审议通过《关于预计 2026 年日常性关联交易的议案》 1.议案内容： 因公司业务发展及生产经营需要，公司对 2026 年度日常性关联交易作出预 计，具体内容详 ...

证券日报网讯 1月9日，鼎智科技发布公告称，员工持股平台常州鼎利实业投资合伙企业于2026年1月5 日至1月9日通过集中竞价减持鼎智科技约223.58万股，占总股本1.1749%，减持均价36-37.53元/股，已 减持总金额约8143.54万元，减持后仍持股约103.41万股，占比0.5434%。 （文章来源：证券日报） ...

注：公司于 2025 年 11 月 19 日完成 2025 年股权激励计划限制性股票预留授予登记，股本增 加 140,000 股，总股本由 190,164,392 股变更为 190,304,392 股。持股比例以公司最新股本 为基数进行计算，下同。 二、 减持计划的实施结果 （一） 股东因以下原因披露减持计划实施结果： √减持计划实施完毕 □减持时间区间届满 证券代码：920593 证券简称：鼎智科技 公告编号：2026-002 江苏鼎智智能控制科技股份有限公司 员工持股平台减持股份结果公告 本公司及董事会全体成员及相关股东保证公告内容不存在虚假记载、误导性 陈述或重大遗漏，并对其内容的真实、准确和完整承担个别及连带责任。 | | | 减持 | | | | | 减 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 数量 | | | | | 持 | | | | | | 占总 | 减 | 减 | | | 计 | | 当前 | | | | | | | 减持 | | | 当前持 | | | 股东名 | 减持数 | 股本 ...

证券代码：920593 证券简称：鼎智科技 编号：2026-001 江苏鼎智智能控制科技股份有限公司 注：公司于 2025 年 11 月 19 日完成 2025 年股权激励计划限制性股票预留授予登记，股 本增加 140,000 股，总股本由 190,164,392 股变更为 190,304,392 股，公告中所涉及的持股 比例均以公司最新股本为基数进行计算，合计数如有尾差为四舍五入导致。 （一）信息披露义务人基本情况 | 1、基本情况 | | | | | --- | --- | --- | --- | | 信息披露义务人 | 常州鼎利实业投资合伙企业（有限合伙）、 丁泉军、邵莉平、郭燕、常州鼎惠 | | | | 股票简称 | 鼎智科技 证券代码 920593 | | | | 变动类型 | 是否存在一致行 增加□ 减少 √ 动人 | | 是√ 否 □ | | 持股变动时间 | 2026 年 1 月 5 日-2026 年 1 月 8 | | 日 | | 是否为公司第一大股 东、实际控制人或其 | 是□ 否 | √ | | | 一致行动人 | | | | | --- | --- | --- | --- | | 2、 ...

Group 1 - The company Jiangsu Leili (300660) is actively developing products in the humanoid robot sector, including hollow cup reduction motors, linear transmission components, and frameless torque motors [1] - The company is currently sending samples and undergoing customer verification with multiple robot manufacturers [1] - The subsidiary Dingzhi Technology has been recognized as an excellent partner by Zhiyuan Robotics [1]

Core Viewpoint - Jiangsu Leili (300660.SZ) is actively developing products in the humanoid robot sector, including hollow cup reduction motors, linear transmission components, and frameless torque motors, and is currently validating these products with multiple robot manufacturers [1] Group 1 - The company has a product portfolio that includes hollow cup reduction motors, linear transmission components, and frameless torque motors [1] - Jiangsu Leili is engaged in sample delivery and customer validation with several robot manufacturers [1] - The subsidiary Dingzhi Technology has been recognized as an excellent partner by Zhiyuan Robotics [1]

Core Insights - The stepper motor industry in China has seen significant growth, with the market size increasing from 1.739 billion yuan in 2016 to an expected 3.89 billion yuan by 2024, representing a compound annual growth rate (CAGR) of 10.59% [1][9] - The Chinese government is actively supporting the industry through policies aimed at technological innovation and standardization, which is expected to further boost market demand [1][9] - The global stepper motor market is projected to reach $2.411 billion by 2029, with a growth of 1.7% year-on-year in 2024 [8] Industry Overview - Stepper motors convert electrical pulse signals into corresponding angular or linear displacements, making them essential in various applications [4] - The industry has evolved from its origins in the 19th century to a critical component in modern automation and precision control systems [5][6] - The stepper motor industry is characterized by a diverse supply chain, including raw materials, manufacturing, and various application sectors such as industrial automation and consumer electronics [7] Market Dynamics - The stepper motor market in China is expanding rapidly due to the transformation of the manufacturing sector and increasing consumer demands for quality and performance [1][9] - The industrial automation sector is a key application area for stepper motors, which are used for precise control in mechanical systems [8] - The Chinese industrial automation market is projected to grow from 165.7 billion yuan in 2017 to 273.9 billion yuan by 2024, with a CAGR of 7.44% [8] Competitive Landscape - The global stepper motor market is dominated by Japanese companies, which account for over 70% of hybrid stepper motor production and 65% of permanent magnet stepper motors [9][10] - Chinese companies are increasingly competitive, with leading firms like Jiangsu Leili, Dingzhi Technology, and Mingzhi Electric making significant strides in technology and market share [12][14] - The industry is transitioning from standardized products to customized, high-performance solutions, driven by the need for deeper understanding of application scenarios [12] Future Trends - The future of stepper motors is expected to focus on high precision and dynamic response through the integration of advanced control algorithms and high-resolution encoders [17] - There is a trend towards smart motors that integrate control functions and communication capabilities, simplifying system design and enhancing performance [18] - Customization and the use of new materials will be crucial for meeting the specific demands of emerging applications in sectors like medical devices and aerospace [19]

Core Viewpoint - The merger and acquisition (M&A) activity among companies listed on the Beijing Stock Exchange (BSE) is expected to continue its momentum into 2026, driven by policy incentives and industry demand, with larger and higher-quality transactions anticipated as companies improve their standards [2][10]. Group 1: M&A Activity in 2025 - 2025 was a significant year for M&A on the BSE, with notable transactions including Jing Sai Technology's acquisition of Fenghua Electronics and Awei Tech's purchase of German firms to expand internationally [2][4]. - The trend of large-scale restructuring and targeted acquisitions has created a balanced landscape of "large and small" deals, with a focus on business synergy and market expansion [4][6]. - Specific examples include Wuxin Tunnel's 2.649 billion yuan acquisition of Xinzhi Technology and the strategic purchase by Chuangyuan Xinke of Weiyu Tiandao for 886 million yuan, aimed at integrating communication and navigation testing services [5][6]. Group 2: Strategic Focus of M&A - The M&A activities are centered around two main themes: "strengthening and supplementing the supply chain" and "laying out new productive forces," reflecting a strategic orientation towards innovation and industry integration [7][8]. - Companies are focusing on vertical expansion, business upgrades, and market diversification, with examples including Donghe New Materials enhancing supply chain security and Awei Tech entering international markets through acquisitions [7][8]. - The core logic of M&A for BSE companies is to strengthen their main business through strategic alliances, aiming for growth in high-tech sectors and enhancing operational capabilities [8][9]. Group 3: Policy Support and Market Outlook - The rise in M&A activity is supported by favorable policies, including the introduction of the "M&A Six Guidelines" and a streamlined review process, which provide a regulatory framework for growth [10][11]. - Analysts express cautious optimism for 2026, predicting sustained M&A activity, but caution against potential risks such as the realization of expected benefits from past acquisitions and the quality of future deals [12][11]. - The BSE's focus on specialized and innovative enterprises necessitates improving the quality of listed companies, making M&A a critical pathway for development [11][12].

Core Viewpoint - The year 2025 marked a significant increase in mergers and acquisitions (M&A) activity among companies listed on the Beijing Stock Exchange (BSE), driven by policy incentives and industry demand, with expectations for continued momentum into 2026 [1][4]. Group 1: M&A Activity Overview - 2025 saw a breakthrough in large-scale restructuring and a proliferation of precise acquisitions among small and medium-sized enterprises, creating a balanced landscape of "large and small" M&A activities [2]. - Notable transactions included Wuxin Tunnel's acquisition of Xinzhong Technology for 2.649 billion yuan, and Jing Sai Technology's acquisition of Fenghua Electronics for 1 yuan, which involved assuming 41.87 million yuan in debt [2][3]. - Awei Tech's acquisitions of German companies Keuerleber GmbH and ALVASAN GmbH aimed to enhance its global presence and customer engagement [2]. Group 2: Strategic Directions - M&A activities are centered around two main themes: "strengthening and supplementing the supply chain" and "laying out new productive forces," reflecting a clear strategic orientation [4]. - Companies are focusing on vertical expansion, business upgrades, and market expansion, with examples including Donghe New Materials and Iron Technology enhancing supply chain integration and entering high-growth sectors [4]. - The core logic of M&A for BSE companies revolves around "growing larger and stronger," with a focus on high-tech fields and innovative productivity [5]. Group 3: Policy Support and Market Outlook - The rise in M&A activity is supported by favorable policies, including the introduction of the "M&A Six Guidelines" and a streamlined review process, which provide institutional backing for the BSE's M&A market [6][7]. - Analysts predict that the M&A heat will continue into 2026, although there are concerns regarding the realization of merger benefits and the quality of future projects [7].

Core Insights - The year 2025 marked a significant increase in mergers and acquisitions (M&A) activity among companies listed on the Beijing Stock Exchange, driven by policy incentives and industry demand [1][4] Group 1: M&A Activity Overview - Notable M&A cases include Jing Sai Technology's acquisition of Fenghua Electronics, Aweit's acquisition of German companies, and Chuangyuan Xinke's planned acquisition of Weiyu Tiandao, highlighting a vibrant M&A landscape [1][2] - The trend of large-scale restructurings and precise acquisitions has created a balanced M&A environment characterized by both large and small deals [2][4] Group 2: Specific M&A Cases - Five New Tunnel Equipment's acquisition of Xingzhong Technology and Wuxin Heavy Industry for 2.649 billion yuan aims to enhance business synergy and enter new markets [2] - Jing Sai Technology acquired 100% of Fenghua Electronics for 1 yuan, taking on 41.87 million yuan in debt, to strengthen its market position in quartz crystal products [2] - Aweit's acquisitions of Keuerleber GmbH and ALVASAN GmbH for 198.75 million euros and 32,000 euros respectively aim to expand its global footprint and enhance customer loyalty [2] - Chuangyuan Xinke's planned acquisition of Weiyu Tiandao for 886 million yuan aims to integrate communication testing and navigation testing services [3] Group 3: Strategic Focus - The M&A activities are primarily focused on "strengthening supply chains" and "developing new productive capacities," reflecting a strategic orientation towards innovation and industry integration [4][5] - Companies are increasingly looking to expand vertically and upgrade their business models through M&A, with a focus on high-growth sectors such as smart manufacturing and new energy [4][5] Group 4: Policy Support and Market Outlook - The M&A market's growth is supported by favorable policies, including the introduction of the "M&A Six Guidelines" and a streamlined review process, which provide a regulatory framework for M&A activities [6][7] - Analysts predict that the M&A momentum will continue into 2026, although there are concerns regarding the realization of expected benefits from past acquisitions and the quality of future deals [7]