证券日报网12月26日讯，德尔股份（300473）在接受投资者提问时表示，公司固态电池目前以氧化物电 解质技术路线为主。公司固态电池具有较高的安全性，已经通过了第三方检测机构的针刺、加热和过充 电试验，以及锂电池国际航运和陆运所需的UN38.3认证。另外，公司固态电池耐高温性能方面表现突 出，依靠自然散热，即可在较高温度条件下连续正常工作。同时，公司固态电池制备采用成熟的涂布工 艺，流程简单、易于批量生产。 ...

（文章来源：证券日报） 证券日报网12月26日讯 ，德尔股份在接受投资者提问时表示，2025年前三季度，公司实现营业收入 36.42亿元，同比增长7.67%；实现归母净利润7923.04万元，同比增长228.13%。公司围绕发展战略和经 营目标，实现了业绩的稳定增长。 ...

（文章来源：证券日报） 证券日报网12月26日讯 ，德尔股份在接受投资者提问时表示，公司目前正在推进中试线建设相关工 作，包括厂房装修、设备采购等，预计2026年上半年建成。 ...

Core Viewpoint - Del Shares has received approval for a share issuance to acquire assets, marking the near completion of a 270 million yuan restructuring deal with Aizhuo Intelligent Technology (Shanghai) Co., Ltd. [1][4] Group 1: Transaction Details - The transaction involves Del Shares acquiring 70% of Aizhuo Technology from Shanghai Deri and receiving 30% of the shares at zero cost, making Aizhuo Technology a wholly-owned subsidiary post-transaction [1][4]. - The total assessed value of Aizhuo Technology's equity is set at 270 million yuan, reflecting a substantial appraisal increase of 392.12% compared to its book net assets [1][4]. - Aizhuo Technology is projected to experience significant growth from 216 million yuan in revenue to 365 million yuan, representing a growth rate of 68.95% between 2023 and 2024 [1][4]. Group 2: Historical Context - This marks the second time that the actual controller Li Yi has injected assets into Del Shares, with the previous instance occurring seven years ago [2][5]. - Unlike the previous acquisition in 2017, which was a cash transaction of 1.937 billion yuan for Fuxin Jiachuan, this acquisition will be conducted through share issuance, increasing Li Yi's stake in the company [2][5]. - The earlier acquisition resulted in approximately 1.1 billion yuan in goodwill, which later required significant impairment due to a drastic decline in performance from CCI, leading to losses of 423 million yuan in 2020 and 916 million yuan in 2022 [6].

Economic News - The Ministry of Ecology and Environment proposed to strengthen cybersecurity and information technology infrastructure, integrating big data, AI, and blockchain with ecological governance [1] - The Fengtai District of Beijing has registered a government industrial investment fund matrix with an initial scale of no less than 10 billion yuan, expected to launch in 2026 [1] - Hainan Province reported over 400 million yuan in "zero tariff" imports during the first week of its customs closure, indicating ongoing policy benefits and enhanced industrial momentum [1] - The National Development and Reform Commission emphasized industry management, focusing on reducing crude steel output while promoting technological innovation in key industries [1] - The National Venture Capital Guidance Fund has officially launched, with a target scale of 50 billion yuan for the Beijing-Tianjin-Hebei region fund [1] - Japan's government approved a record budget of approximately 122.3092 trillion yen for the fiscal year 2026 [1] - As of the end of November, China's total installed power generation capacity reached 3.79 billion kilowatts, a year-on-year increase of 17.1% [1] - The photovoltaic industry association confirmed the establishment of a polysilicon capacity integration acquisition platform to address intense competition in the sector [1] - The State-owned Assets Supervision and Administration Commission initiated pilot projects for data resource development among state-owned enterprises [1] - A new national standard for electric vehicle energy consumption will be implemented starting January 1, 2026, marking a global first [1] Company News - Landun Optoelectronics holds a 4.9533% stake in Shanghai Xingsi Semiconductor through its wholly-owned subsidiary, focusing on 5G and satellite communication applications [2] - Defang Nano plans annual equipment maintenance from December 26, 2025 [2] - Zhongwei Co. signed a strategic cooperation framework agreement with Xinwanda Power Technology to develop solid-state battery materials [4] - Jinlongyu intends to establish an industrial merger and acquisition fund with a subscribed scale of 1.5 billion yuan [4] - Del's shares are advancing the construction of a solid-state battery pilot line, expected to be completed in the first half of 2026 [4] Industry Research - The Ministry of Commerce announced anti-dumping duties on EU pork imports, effective December 17, 2025, with rates ranging from 4.9% to 19.8% [5] - EU pork imports accounted for 51% of China's total pork imports, but only 2.03% of total consumption, indicating a limited impact on the overall market [6] - The anti-dumping duties are expected to reduce EU pork imports, leading to a diversification of import sources for China [6] - The domestic pork market remains under pressure, with a breeding sow inventory of 39.9 million heads, indicating a continued oversupply [7] - The anti-dumping measures are anticipated to improve the domestic supply-demand balance in the short term, with a focus on enhancing breeding efficiency and reducing costs [7] - The dairy industry is facing challenges due to low domestic milk prices, with a need to accelerate the development of deep processing of dairy products [12] - The temporary anti-subsidy measures on EU dairy products are expected to benefit domestic companies engaged in high-value-added processing [12]

Core Viewpoint - Delong Co., Ltd. is actively expanding its presence in the new energy sector while maintaining steady growth in traditional automotive parts, showcasing strong development momentum through multiple business lines [1][2]. Group 1: Financial Performance - In the first three quarters of 2025, the company achieved revenue of 3.642 billion yuan, a year-on-year increase of 7.67% [1]. - The net profit attributable to shareholders reached 79.23 million yuan, reflecting a significant year-on-year growth of 228.13% [1]. - The growth in performance is attributed to increased revenue from new energy vehicle products and ongoing cost reduction measures that improved profitability [1]. Group 2: Globalization Strategy - The company has been pursuing a globalization strategy since acquiring the German company Kakuisi in 2017, which supplies noise reduction, thermal insulation, and lightweight products to high-end brands [2]. - Kakuisi has become a significant contributor to Delong's revenue and profit, establishing a foundation for the company's global operations [2]. Group 3: New Energy Initiatives - Delong has been focusing on solid-state battery technology since 2018, with ongoing advancements in technology and industrialization [2]. - The company has established a technical route based on oxide electrolytes, which has passed various safety tests and certifications, indicating high safety and thermal performance [2]. Group 4: Strategic Partnerships - The company has completed pilot production of battery cell samples in collaboration with Jiangxi Jiangling Group New Energy Vehicle Co., Ltd., aiming to expedite discussions for vehicle installation [3]. - Delong is also advancing the construction of a pilot production line, expected to be completed in the first half of 2026, which will facilitate mass production and shipping [3]. Group 5: Domestic Market Strengthening - Delong has enhanced its competitiveness in the automotive parts sector through the acquisition of Aizhuo Technology, which specializes in automotive film and covering parts [3]. - Aizhuo Technology's revenue for 2024 is projected to be 369 million yuan, with a year-on-year growth of 68.95%, contributing positively to Delong's profit after consolidation [4]. Group 6: Future Outlook - The integration of Aizhuo Technology is expected to bolster Delong's profits and provide new long-term growth opportunities [4]. - The existing overseas sales network of Delong will support Aizhuo's products in global markets, while Aizhuo's local presence will help strengthen Delong's domestic market position [4].

Group 1 - The People's Bank of China continues to inject liquidity into the market through Medium-term Lending Facility (MLF), with a net injection exceeding 1 trillion yuan for the year 2025 [1] - In December, the central bank conducted a 400 billion yuan MLF operation, resulting in a total net injection of 188.8 billion yuan [1] - The A-share market has seen significant activity in private placements, raising over 78.9 billion yuan this year, a year-on-year increase of 455.31% [1] Group 2 - The robot industry is experiencing a shift towards capital and ecosystem competition, with companies like UBTECH and others actively seeking to acquire listed platforms [2] - The ongoing acquisition activities are seen as a faster and more certain path compared to independent IPOs, providing companies with more space for future capital operations [2] - The storage product price surge continues, with DDR4 and DDR5 prices rising, although the rate of increase has slightly slowed [3] Group 3 - The global shortage of storage chips has led to a "scramble" among tech giants like Microsoft and Google to secure supply agreements with major manufacturers [3] - The introduction of L3-level autonomous driving vehicles marks a significant advancement in smart driving technology, shifting responsibility from human to machine [4] - The low-altitude economy is projected to grow rapidly, with significant investments in core technologies and commercial models expected to emerge by 2025 [4] Group 4 - Several innovative pharmaceutical companies are accelerating their research and development of Antibody-Drug Conjugates (ADC), with Chinese firms becoming key players in the global ADC innovation landscape [5] - Online travel platforms are criticized for using "lowest price" tactics to bundle additional services, leading to consumer confusion [6] - Shanghai Washba's executives received penalties for short-term trading violations, highlighting the importance of compliance in corporate governance [6][7]

阜新德尔汽车部件股份有限公司投资者关系活动记录表 证券代码：300473 证券简称：德尔股份 编号：2025-009 | | ■特定对象调研 □分析师会议 | | --- | --- | | 投资者关系活 动类别 | □媒体采访 □业绩说明会 | | | □新闻发布会 □路演活动 | | | □现场参观 | | | □其他 （请文字说明其他活动内容） 民生证券：裴婉晓 海通证券：潘一忻 | | | 国盛证券：林卓欣 信达证券：赵启政 | | | 东方财富证券：朱晋潇 长城证券：金瑞 | | 参与单位名称 | 财通证券：王思宁 国元证券：陈烨尧 | | 及人员姓名 | 南京证券：张儒成 东方证券：何雨蒙 | | | 永唐盛世：吴小超 大筝资管：徐海涛 | | | 兖矿资本：王彦芳、张国梁 熙锦汇投资：刘莹 | | | 允朗投资：查桢伟 弘君基金：周广可 | | 时间 | 2025 年 12 月 25 日 | | 地点 | 德尔股份上海分公司会议室 | | 上市公司接待 人员姓名 | 董事会秘书：张磊 | | 投资者关系活 | Q1、公司 2025 年前三季度经营情况？ | | | 2025 年前三季度，公司实现 ...

证券日报网讯12月25日，德尔股份（300473）发布公告称，德尔股份完成发行股份购买资产并募集配套 资金后，总股本增至170，054，373股，董事长、总经理李毅持股421，863股，持股比例由0.28%被动 稀释至0.25%。 ...

证券代码：300473 证券简称：德尔股份 公告编号：2025-091 阜新德尔汽车部件股份有限公司 关于公司董事和高级管理人员持股比例情况 公司于 2025 年 12 月 17 日收到中国证券监督管理委员会出具的《关于同意 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注册的批复》 （证监许可〔2025〕2792 号），中国证监会同意公司本次交易的注册申请。 根据中国证券登记结算有限责任公司深圳分公司于 2025 年 12 月 23 日出具 的《股份登记申请受理确认书》，公司发行后的总股本为 170,054,373 股。本次交 易对象不包括公司董事和高级管理人员，因此公司董事和高级管理人员持有的公 司股份数量不因本次发行而变动。本次发行后，公司部分董事和高级管理人员的 持股比例因公司总股本的增加而被动稀释。具体情况如下： | 股东名称 | 职务 | 本次交易前（不考虑配套 融资） | | 本次交易后（不考虑配套 融资） | | | --- | --- | --- | --- | --- | --- | | | | 持股数量 | 持股比例 | 持股数量 | 持股比例 | | | | （股） | | ...