北京市汉坤律师事务所 关于 阜新德尔汽车部件股份有限公司 发行股份购买资产并募集配套资金暨关联交易 之 汉坤（证）字[2025]第 35659-3-O-3 号 中国北京市东长安街 1 号东方广场 C1 座 9 层 100738 电话：(86 10) 8525 5500；传真：(86 10) 8525 5511 / 8525 5522 北京 上海 深圳 香港 海口 武汉 新加坡 纽约 www.hankunlaw.com 北京市汉坤律师事务所 关于阜新德尔汽车部件股份有限公司 发行股份购买资产并募集配套资金暨关联交易 之补充法律意见书（二） 补充法律意见书（二） 汉坤（证）字[2025]第 35659-3-O-3 号 致：阜新德尔汽车部件股份有限公司 北京市汉坤律师事务所（以下简称"本所"）是具有中华人民共和国（以下简 称"中国"）法律执业资格的律师事务所。本所受阜新德尔汽车部件股份有限公司 （以下简称"德尔股份"或"上市公司"）的委托，担任德尔股份发行股份购买资产 并募集配套资金暨关联交易项目（以下简称"本次重组"或"本次交易"）的专项法 律顾问，并就德尔股份本次交易所涉及的相关法律事宜出具了《北京市汉坤律师 ...

阜新德尔汽车部件股份有限公司 关于发行股份购买资产并募集配套资金 暨关联交易报告书（草案）修订说明 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。 阜新德尔汽车部件股份有限公司（以下简称"上市公司"或"公司"）拟向 上海德迩实业集团有限公司（以下简称"上海德迩"）等交易对方以发行股份等 方式购买其持有的爱卓智能科技（上海）有限公司（以下简称"爱卓科技"或"标 的公司"）100%股权，并拟向不超过 35 名特定投资者发行股份募集配套资金（以 下简称"本次交易"）。 公司于近日收到深圳证券交易所（以下简称"深交所"）出具的《关于对阜 新德尔汽车部件股份有限公司的重组问询函》（以下简称"问询函"）。根据问询 函的要求，公司会同相关中介机构就相关事项逐项落实、回复，对《阜新德尔汽 车部件股份有限公司发行股份购买资产并募集配套资金暨关联交易报告书（草案） （修订稿）》进行了相应的修订、补充和完善。上市公司于 2025 年 5 月 12 日召 开第五届董事会第八次会议，审议通过了《关于<阜新德尔汽车部件股份有限公 司发行股份购买资产并募集配套资金暨关联交易报告书（草案）（ ...

证券代码：300473 证券简称：德尔股份 上市地点：深圳证券交易所 阜新德尔汽车部件股份有限公司 发行股份购买资产并募集配套资金暨关联交易 报告书（草案）摘要（修订稿） | 项目 | 交易对方名称 | | --- | --- | | 发行股份购买资产 | 上海德迩实业集团有限公司 | | 零对价受让资产 | 上海兴百昌企业管理咨询合伙企业（有限合伙） | | 募集配套资金的发行对象 | 不超过 35 名符合中国证监会规定的特定投资者 | 本报告书所述事项并不代表中国证监会、深圳证券交易所对于本次重组相关 事项的实质性判断、确认或批准。本报告书所述本次重组相关事项的生效和完成 尚需有关审批机关的批准或注册。审批机关对于本次交易相关事项所做的任何决 定或意见，均不表明其对本公司股票的价值或投资者的收益做出实质性判断或保 证。 本公司控股股东以及全体董事、监事、高级管理人员承诺：如在本次交易过 程中所披露或提供的信息涉嫌虚假记载、误导性陈述或者重大遗漏，被司法机关 立案侦查或者被中国证监会立案调查的，在形成调查结论以前不转让在上市公司 拥有权益的股份，并于收到立案稽查通知的两个交易日内将暂停转让的书面申请 和股票 ...

证券代码：300473 证券简称：德尔股份 上市地点：深圳证券交易所 阜新德尔汽车部件股份有限公司 发行股份购买资产并募集配套资金暨关联交易 报告书（草案）（修订稿） | 项目 | 交易对方名称 | | --- | --- | | 发行股份购买资产 | 上海德迩实业集团有限公司 | | 零对价受让资产 | 上海兴百昌企业管理咨询合伙企业（有限合伙） | | 募集配套资金的发行对象 | 不超过 35 名符合中国证监会规定的特定投资者 | 签署日期：二〇二五年五月 阜新德尔汽车部件股份有限公司 发行股份购买资产并募集配套资金暨关联交易报告书 上市公司声明 本公司及全体董事、监事、高级管理人员保证本报告书及其摘要内容不存在 虚假记载、误导性陈述或者重大遗漏，并对其真实性、准确性和完整性承担个别 和连带的法律责任。 本公司全体董事、监事、高级管理人员保证本报告书及其摘要所引用的相关 数据的真实性和合理性。 本报告书所述事项并不代表中国证监会、深圳证券交易所对于本次重组相关 事项的实质性判断、确认或批准。本报告书所述本次重组相关事项的生效和完成 尚需有关审批机关的批准或注册。审批机关对于本次交易相关事项所做的任何决 定 ...

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。 阜新德尔汽车部件股份有限公司（以下简称"公司"）根据第五届董事会第八 次会议决议,决定于2025年5月29日（星期四）召开公司2025年第一次临时股东大会， 本次股东大会采取现场投票和网络投票相结合的方式召开，现将本次股东大会有关 事项通知如下： 一、召开会议的基本情况 1、股东大会届次：2025年第一次临时股东大会。 证券代码：300473 证券简称：德尔股份 公告编号：2025-038 阜新德尔汽车部件股份有限公司 关于召开公司2025年第一次临时股东大会的通知 4、会议召开日期和时间： （1）现场会议召开时间为：2025年5月29日（星期四）下午14:30 （2）网络投票时间为：2025年5月29日 其中，通过深圳证券交易所交易系统进行网络投票的具体时间为：2025年5月29 日9:15-9:25、9:30-11:30、下午13:00-15:00；通过深圳证券交易所互联网投票 系统投票的具体时间为：2025年5月29日上午9:15至下午15:00。 5、会议召开方式：采用现场表决和网络投票相结合的方式，公司 ...

阜新德尔汽车部件股份有限公司 证券代码：300473 证券简称：德尔股份 公告编号：2025-037 阜新德尔汽车部件股份有限公司（以下简称"公司"）于 2025 年 5 月 12 日 在公司会议室以现场及通讯表决相结合的方式召开了第五届监事会第六次会议， 公司于 2025 年 5 月 9 日以邮件的方式通知了全体监事。本次监事会会议应到监 事 3 名，实到监事 3 名，会议由监事会主席王冬冬召集和主持。本次会议的召集 及召开程序符合《中华人民共和国公司法》及《公司章程》的规定。 与会监事以书面表决方式审议通过如下议案： 议案一：审议通过《关于<阜新德尔汽车部件股份有限公司发行股份购买资 产并募集配套资金暨关联交易报告书（草案）（修订稿）>及其摘要的议案》 根据深圳证券交易所出具的《关于对阜新德尔汽车部件股份有限公司的重组 问询函》以及公司的回复情况，公司对《阜新德尔汽车部件股份有限公司发行股 份购买资产并募集配套资金暨关联交易报告书（草案）（修订稿）》及其摘要进行 了相应的补充与修订。 本议案尚需提交公司股东大会审议。 审议结果：3 票同意；0 票反对；0 票弃权，通过。 二、备查文件 1、公司第五届监事会 ...

证券代码：300473 证券简称：德尔股份 公告编号：2025-036 阜新德尔汽车部件股份有限公司 一、董事会会议召开情况 阜新德尔汽车部件股份有限公司（以下简称"公司"）于 2025 年 5 月 12 日 在公司会议室以现场及通讯表决的方式召开了第五届董事会第八次会议，公司于 2025 年 5 月 9 日以邮件的方式通知了全体董事。本次董事会会议应到董事 7 名， 实到董事 7 名，会议由董事长李毅召集和主持。本次会议的召集及召开程序符合 《中华人民共和国公司法》及《公司章程》的规定。 与会董事以书面表决方式审议通过如下议案： 议案一：审议通过《关于<阜新德尔汽车部件股份有限公司发行股份购买资 产并募集配套资金暨关联交易报告书（草案）（修订稿）>及其摘要的议案》 根据深圳证券交易所出具的《关于对阜新德尔汽车部件股份有限公司的重组 问询函》以及公司的回复情况，公司对《阜新德尔汽车部件股份有限公司发行股 份购买资产并募集配套资金暨关联交易报告书（草案）（修订稿）》及其摘要进行 了相应的补充与修订。 本议案属于关联交易事项，关联董事李毅回避对本议案的表决。 本议案已经公司第五届董事会独立董事专门会议第四次会议审 ...

Core Viewpoint - The Ministry of Industry and Information Technology will prioritize solid-state batteries alongside smart manufacturing and industrial internet by 2025 [1] Group 1: Solid-State Battery Characteristics and Goals - Solid-state batteries are characterized by non-flammability, strong thermal stability, and high energy density, making them a key development direction for future batteries [2] - Current performance targets for solid-state batteries include an energy density of 400 Wh/kg and a cycle life of over 1000 times, with plans for small-scale vehicle deployment by 2027 and mass production by 2030 [2] - The positive electrode is currently dominated by high-nickel ternary materials, with a future shift towards higher specific energy lithium manganese-based materials; the negative electrode will transition from silicon-carbon to lithium metal in the medium term [2] Group 2: Upcoming Conferences and Events - Multiple conferences related to solid-state batteries are scheduled, including: 1. The 17th CIBF in Shenzhen from May 15 to 17, featuring discussions on advanced battery technologies [3] 2. Guoxuan High-Tech's 2025 Global Technology Conference on May 16-17, where a new high-safety solid-state battery with an energy density of 300 Wh/kg will be unveiled [3] 3. The second AEPT Solid-State Battery Industry Summit on May 22 [9] 4. The China International Solid-State Battery Technology Conference on June 19 [9] 5. The Solid-State Battery Conference and Silicon-Based Negative Electrode Innovation Conference on July 3 [9] 6. The 2025 Electrolyte Innovation Development Forum and Solid-State Battery Seminar on July 9 [9] Group 3: Industry Developments and Company Plans - Major automotive companies have set ambitious plans for solid-state battery production: - Toyota aims for small-scale production of solid-state batteries by 2025 [9] - Nissan plans to establish and operate a pilot production facility for solid-state batteries by 2025 [9] - SAIC Group's next-generation solid-state battery will be applied in the new MG4 by the end of this year, with the first "Guangqi Battery" expected to launch in 2027 [10] - BYD is expected to start mass demonstration applications of solid-state batteries around 2027 [10] - Ford anticipates launching a model equipped with solid-state batteries in 2026 [10] - Changan Automobile plans to validate solid-state battery installation in 2026 [10] Group 4: Solid-State Battery Industry Chain - Key companies in the solid-state battery industry chain include: - Battery manufacturers: Guoxuan High-Tech, CATL, Penghui Energy, and others [11] - Positive electrode suppliers: Xiamen Tungsten New Energy [11] - Silicon-carbon negative electrode leaders: Shanghai Xiba and Yuanli Co. [11] - Dry electrode equipment leaders: Naconor and Mannesmann [11] - Solid-state electrolyte suppliers: BETTER and others [11] - The industry chain is characterized by a variety of specialized companies focusing on different components and technologies essential for solid-state battery production [11]

1. Report Industry Investment Rating No relevant information provided. 2. Core Views of the Report - The company is optimistic about the future profitability growth, with expected steady revenue growth, scale - effect enhancement through product platformization, and cost control by increasing raw material self - production ratio [36]. - The automotive parts industry is closely related to vehicle production and sales. In 2024, the European, Chinese, and North American automotive markets had different trends, and the A - share automotive parts industry showed growth [42]. - The company's global production layout helps it avoid over - reliance on a single country or market, and its advantage is emerging under the background of US tariff increases [28]. - Solid - state batteries are in the stage of accelerated industrialization, and it is expected that a critical turning point will be reached in the next few years [43]. 3. Summary According to the Table of Contents 3.1 Basic Research Situation - The research object is Del股份, belonging to the automotive parts industry. The reception time is May 8, 2025, and the listed company's reception personnel include the chairman, general manager, board secretary, financial director, independent director, and sponsorship representative [16]. 3.2 Detailed Research Institutions - The research institutions are investors participating in the company's 2024 annual report online performance briefing [19]. 3.3 Research Institution Proportion No relevant information provided. 3.4 Main Content Data 3.4.1 Solid - state Battery Progress - The company has built a solid - state battery sample trial - production line in Shanghai and is conducting various technical tests. It can customize solutions for customers according to different application scenarios and technical requirements. The follow - up pilot line and mass - production line bases will be advanced based on customer development verification and market demand [23][25][26]. - The company's solid - state battery Shanghai trial - production line and the R & D in Japan are carried out collaboratively [42]. - As of the first quarter of this year, the solid - state battery sample trial - production line has been built, and it is expected that a critical turning point will be reached in the next few years [43]. 3.4.2 Business Cooperation - In August 2024, the company signed a "Solid - state Battery Strategic Cooperation Agreement" with Jiangxi Jiangling Group New Energy Vehicle Co., Ltd., and is in continuous technical docking [27][40]. - The company is open to cooperation with downstream customers in various fields such as new energy vehicles, robots, and energy storage [38][51][53]. 3.4.3 Financial and Operating Conditions - In 2024, the company achieved an operating income of 4.513 billion yuan, a year - on - year increase of 4.98%, and a net profit attributable to the parent of 32.42 million yuan, a year - on - year increase of 151.73% [30][35][42]. - As of March 31, 2025, the total number of the company's shareholders was 29,076 [30]. - In 2025, the company's first - quarter operating income was 1.22 billion yuan, with a gross profit margin of 19.74% and a net profit attributable to the parent of 22.74 million yuan, with a net profit margin of 1.86% [53]. 3.4.4 Product and Market Analysis - The company's solid - state battery sample has an energy density of 260Wh/kg, high safety, simple process, and cost advantages [59]. - The company's battery flame - retardant materials have been supplied to new - energy vehicle models of vehicle manufacturers, but not to Xiaomi cars [63]. - The company's automotive electronic products include electronic control and body electronic products, with an operating income of 68 million yuan in 2024, accounting for 1.52% of the total operating income [61][62]. 3.4.5 Company Strategy and Future Plans - The company adheres to the strategy of "focusing on the automotive industry", with a wide product layout. In the next stage, it will increase R & D investment, strengthen market expansion, and improve management efficiency [55][56]. - The company will continue to focus on new - energy vehicle - related product R & D and market promotion, including consolidating the market position of new - energy drive unit cooling and lubrication electronic pumps, and accelerating the development of solid - state batteries [56].

Group 1: Solid-State Battery Development - The company has established a solid-state battery sample trial line in Shanghai and is conducting various technical tests [4][16][27] - The company is capable of customizing solutions based on different application scenarios and technical requirements for customers [3][16][29] - The company plans to gradually advance the pilot and mass production lines for solid-state batteries based on customer development validation and market demand [4][16][30] Group 2: Financial Performance - In 2024, the company achieved a revenue of CNY 4.513 billion, a year-on-year increase of 4.98%, and a net profit of CNY 32.42 million, up 151.73% from 2023 [12][19] - The company's asset-liability ratio decreased from 62.17% at the end of 2023 to 57.89% at the end of 2024, a reduction of 4.28 percentage points [12][19] Group 3: Market Position and Strategy - The company’s solid-state battery products are expected to have a wide range of applications, including in new energy vehicles, robotics, and energy storage [16][27][33] - The company has signed a strategic cooperation agreement with Jiangling New Energy for solid-state batteries, indicating a focus on partnerships with established manufacturers [14][33] - The company aims to enhance its market share in the new energy sector by focusing on product innovation and expanding its product lines [32][36] Group 4: Challenges and Risks - The company faces challenges from high material costs and competition in the automotive parts industry, which may affect profitability [12][36] - The reliance on major customers is significant, with the top five customers contributing 52.26% of revenue, which may limit bargaining power [18][36] - The company is actively monitoring international trade policies and potential impacts from tariffs, particularly in the U.S. market [22][36]