国机精工集团股份有限公司投资者关系活动记录表 编号：2026—003 | | 特定对象调研 □分析师会议 ☑ | | --- | --- | | 投资者关系 | □媒体采访 □业绩说明会 | | 活动类别 | □新闻发布会 □路演活动 | | | □现场参观 □电话会议 | | | □其他 | | 参与单位名称 | 广发证券：蒲明琪 | | 及人员姓名 | 同禾资本：吕栋 | | 时间 | 2026 年 01 月 12 日 | | 地点 | 国机精工 会议室 | | 上市公司接待 | 董事会秘书：赵祥功 | | 人员姓名 | 投资者关系助理：汪智婷 | | | 一、公司情况介绍 | | | （一）公司概况 | | | 1.基本情况及战略定位 | | | 国机精工的历史，可追溯至 1958 年成立的洛阳轴承研究所和郑 | | | 州磨料磨具磨削研究所，2005 年在深交所上市。公司秉承国机集团"引 | | | 领机械工业发展，推动人类社会进步"的发展理念，践行"精工致远， | | | 利器善事"的企业使命与产业抱负，聚焦精密制造领域，以科技创新 | | | 驱动产业发展，提供满足国家战略需求的关键产品、技术和服 ...

国机精工集团股份有限公司投资者关系活动记录表 编号：2026—002 | | □特定对象调研 □分析师会议 | | --- | --- | | | □媒体采访 □业绩说明会 | | 投资者关系 | □新闻发布会 □路演活动 | | 活动类别 | | | | □现场参观 电话会议 ☑ | | | □其他 | | 参与单位名称 | | | | 大和证券：罗畅、刘伟健、叶文瀚 | | 及人员姓名 | | | 时间 | 2026 年 01 月 07 日 | | 地点 | 董事会秘书办公室 | | 上市公司接待 | 董事会秘书：赵祥功 | | 人员姓名 | 投资者关系助理：汪智婷 | | | 一、公司情况介绍 | | | （一）公司概况 | | | 1.基本情况及战略定位 | | | 国机精工的历史，可追溯至 1958 年成立的洛阳轴承研究所和郑 | | | 州磨料磨具磨削研究所，2005 年在深交所上市。公司秉承国机集团"引 | | | 领机械工业发展，推动人类社会进步"的发展理念，践行"精工致远， | | | 利器善事"的企业使命与产业抱负，聚焦精密制造领域，以科技创新 | | | 驱动产业发展，提供满足国家战略需 ...

工业和信息化部第九批国家级制造业单项冠军企业名单日前正式公布，洛阳市一举斩获4个席位，入选 数量位居全省第一，占据全省9家上榜企业的近半壁江山。 国家级制造业单项冠军，并非"全能选手"，而是深耕细分领域的"隐形王者"，制造业高质量发展的"优 等生"。自2016年评选至今，全国累计培育1862家，能够跻身这一榜单的企业，无一不是手握"独门绝 技"的行业翘楚。 此次洛阳市上榜的4家企业，各有千秋：洛轴集团的风电主轴轴承，撑起清洁能源装备的"旋转脊梁"； 洛轴研究所的航天精密轴承，助力航天器遨游太空，国内市场占有率超90%；麦斯克电子的5英寸硅抛 光片，筑牢芯片产业的"基底防线"；中信重工的冶金回转窑，成为装备工业领域的"硬核标杆"。 作为全国156项重点项目中7项的承载地，洛阳早已筑牢重工业根基，矿山机械、轴承、拖拉机等领域技 术积累雄厚，通过持续升级迭代，成长为12条优势产业链，形成一幅"老树发新芽"的生动图景。这种深 厚的产业土壤，为单项冠军的诞生提供了天然养分。 政策护航是"加速器"。面对严苛的评选标准，洛阳搭建起"市级—省级—国家级"梯度培育体系。市级层 面，1亿元制造业高质量发展专项资金中，30%定向支 ...

每经AI快讯，12月30日，襄阳轴承（000678）(000678.SZ)公告称，长江产业投资集团有限公司发布收 购报告书摘要，通过国有股权无偿划转方式取得三环集团（300408）的控制权，导致间接控制上市公司 襄阳轴承的股份比例增加27.94%，达到45.03%。本次收购符合《上市公司收购管理办法》第六十三条 规定的免于发出要约的情形，但尚待履行的程序包括经营者集中获得国家市场监督管理总局审批。 ...

（文章来源：证券时报网） 募投项目将重点突破轨道交通、风力发电、数控机床、机器人等领域高端轴承技术瓶颈。公司表示，未 来将以此次上市为契机，进一步加强核心技术攻关，优化全球布局，目标成为国际前三的轴承制造企 业，持续提升"人本轴承"的全球品牌影响力。 市场人士指出，轴承行业作为装备制造业的基础性、战略性产业，其发展水平直接关乎制造业质量与竞 争力。人本股份作为行业龙头，业务模式成熟、规模优势显著，此次上市不仅能为资本市场输送优质企 业资源，更能通过资本赋能带动产业链上下游协同发展，加速高端轴承国产替代进程。 在全球产业格局面临重塑的背景下，推动优质企业高质量上市，一方面可以为资本市场输送更多"优质 活水"，促进资本市场的长期稳定发展。另一方面也可以提升企业竞争力，带动产业链上下游协同发 展，助力我国从制造大国向制造强国迈进，推动制造业高质量发展。 12月29日，上交所官网显示，国内轴承行业龙头人本股份有限公司（下称"人本股份"）主板IPO申请正 式获受理。作为我国规模最大、品类最全的综合性轴承制造集团，此次上市将进一步巩固其行业地位， 助力我国高端轴承产业自主可控与制造业高质量发展。 人本股份成立于1991年 ...

Core Viewpoint - The control change of Tianchuang Fashion has been finalized, with Anhui Xianrui Investment Holding Co., Ltd. becoming the controlling shareholder, raising questions about whether this move is aimed at better transformation or a reverse merger [1][3]. Group 1: Shareholder Changes - Tianchuang Fashion announced the signing of a share transfer agreement, where the previous controlling shareholders, Quanzhou Hetian Investment Partnership and Gaochuang Co., Ltd., will transfer shares to Anhui Xianrui, resulting in a decrease of their holdings to 6.5% and 4.61% respectively, while Anhui Xianrui will hold 19.95% [3][4]. - Anhui Xianrui was established specifically for this equity change, with a registered capital of 150 million yuan, fully controlled by Cixing Group, whose founder is Hu Xiangen [3][4]. Group 2: Board Restructuring - Following the share transfer, a new board of directors will be formed within 20 days after the disclosure of Tianchuang Fashion's 2026 semi-annual report, with Anhui Xianrui having the right to nominate 3 non-independent directors and 2 independent directors [4][5]. - The restructuring indicates that Hu Xiangen will have significant control over Tianchuang Fashion's operational decisions, while the original shareholders will retain limited influence [5]. Group 3: Financial Performance - Tianchuang Fashion has reported declining financial performance, with revenues of 744 million yuan in the first three quarters of 2025, down 7.12% year-on-year, and a loss of 5.23 million yuan [6]. - In 2024, the company recorded revenues of 1.099 billion yuan, a decrease of 13.74%, with a loss of 90.81 million yuan [6][7]. - In contrast, Cixing Group, the acquirer, reported revenues of 2.156 billion yuan and 1.59 billion yuan for 2024 and the first nine months of 2025, respectively, with net profits of 220 million yuan and 242 million yuan [7]. Group 4: Market Speculation - Industry experts speculate that the acquisition may serve as a vehicle for a reverse merger, as Cixing Group's core business in bearing manufacturing is unrelated to Tianchuang Fashion's footwear operations [8]. - There are concerns that if Tianchuang Fashion abandons its core footwear business, it may lose its brand foundation, but a strategic transformation could enhance operational efficiency and product competitiveness [10].

Core Viewpoint - Tianchuang Fashion has finalized a control change with Anhui Xianrui Investment Holding Co., which will become the new controlling shareholder after acquiring 19.95% of the company's shares at a price of 7.5 yuan per share, totaling 628 million yuan [2][3]. Group 1: Share Transfer Details - Quanzhou Hetian and Gaochuang Limited will transfer a total of 83.736 million shares, representing 19.95% of Tianchuang Fashion's total share capital, to Anhui Xianrui [2][3]. - The share transfer includes Quanzhou Hetian transferring 45.959 million shares (10.95%) for 345 million yuan and Gaochuang Limited transferring 37.7745 million shares (9.00%) for 283 million yuan [3]. - Post-transfer, Quanzhou Hetian's shareholding will decrease to 6.50%, Gaochuang Limited to 4.61%, and Anhui Xianrui will hold 19.95% [3]. Group 2: Shareholder Commitments - Quanzhou Hetian and its actual controller Li Lin have committed not to transfer their remaining shares for 36 months post-transaction, while Gaochuang Limited has a 24-month commitment [3][4]. - Anhui Xianrui and its controlling shareholder have committed not to transfer the acquired shares for 60 months and not to pledge them for 36 months [3][4]. Group 3: Board Restructuring - Tianchuang Fashion will complete a board restructuring within 20 days after disclosing its 2026 semi-annual report, with Anhui Xianrui nominating 5 out of 7 board members [4]. - The new board will include 3 non-independent directors and 2 independent directors nominated by Anhui Xianrui, with the chairman being one of the nominated directors [4]. Group 4: Anhui Xianrui and Hu Xian Gen - Anhui Xianrui was established specifically for this equity change, with a registered capital of 150 million yuan, fully controlled by Cixing Group [5]. - Hu Xian Gen, the founder of Cixing Group, is 80 years old and holds 81.85% of the group's shares [5]. Group 5: Funding Sources for Acquisition - The acquisition will be funded through a combination of self-owned and self-raised funds, with at least 314 million yuan coming from self-owned funds [6]. - Cixing Group has obtained a loan intention letter from Agricultural Bank of China for the self-raised portion [6]. Group 6: Cixing Group Overview - Cixing Group is a leading enterprise in the bearing industry, specializing in the R&D, production, and sales of precision transmission components [6]. - The company has a production capacity of approximately 2.8 billion yuan and operates multiple subsidiaries across China and abroad [6]. Group 7: Financial Performance - Cixing Group reported revenues of 1.497 billion yuan in 2022, 1.803 billion yuan in 2023, and 2.156 billion yuan in 2024, with a net profit of 165 million yuan in 2023 [7]. - Tianchuang Fashion has faced declining revenues and profitability, with a reported revenue of 744 million yuan in the first three quarters of 2025, a year-on-year decrease of 7.12% [7].

12月26日晚，天创时尚公告，公司控股股东泉州禾天投资合伙企业（普通合伙）（简称"泉州禾天"）、实际控制人李林、第二大股东高创有限公 司（简称"香港高创"）与安徽先睿投资控股有限公司（简称"安徽先睿"）于2025年12月26日签署了《天创时尚股份有限公司之股份转让协议》 （简称《股份转让协议》）。公司股票、可转债债券以及可转债转股自2025年12月29日开市起复牌。 具体来看，泉州禾天拟向安徽先睿转让其所持有天创时尚4595.90万股股份（约占公司当前总股本的10.95%）、香港高创拟向安徽先睿转让其所 持有天创时尚3777.45万股股份（约占公司当前总股本的9%）。本次交易的股份转让价格为7.50元/股，受让方安徽先睿本次收购合计价款为6.28 亿元，资金来源为自有资金或合法自筹的资金，其中自有资金部分来自于安徽先睿自有资金，金额不低于3.14亿元；自筹部分，安徽先睿控股股 东已取得中国农业银行慈溪分行出具的《贷款意向书》。 本次股份转让完成后，安徽先睿将持有天创时尚8373.35万股股份，约占公司当前总股本的19.95%。泉州禾天所持天创时尚股份比例由17.45%减 少至6.5%，香港高创所持天创时尚股份 ...

Core Viewpoint - Tianchuang Fashion (603608.SH) is undergoing a change in control, with Anhui Xianrui Investment Holding Co., Ltd. set to become the new controlling shareholder after signing a share transfer agreement with current shareholders [2][3] Group 1: Share Transfer Details - The share transfer involves a total of 83.73 million shares, representing 19.95% of the company's total equity, at a price of 7.5 yuan per share, totaling 628 million yuan [2][3] - After the transfer, Quanzhou Hetian's shareholding will decrease to 6.50%, and Gaochuang Limited's shareholding will decrease to 4.61%, while Anhui Xianrui will hold 19.95% [3] - The transfer does not constitute a related party transaction and does not trigger a mandatory tender offer [3] Group 2: Governance Changes - Following the share transfer, Tianchuang Fashion will complete a board of directors' re-election within 20 days after the disclosure of the 2026 semi-annual report [4] - The new board will consist of 7 directors, with Anhui Xianrui nominating 3 non-independent directors and 2 independent directors, while Quanzhou Hetian and Gaochuang Limited will nominate 1 independent director [4] - There are commitments from the current shareholders not to seek control of Tianchuang Fashion during the transition period [4] Group 3: Anhui Xianrui and Hu Xian Gen - Anhui Xianrui was established specifically for this equity change, with a registered capital of 150 million yuan, fully controlled by Cixing Group [5] - Hu Xian Gen, the founder of Cixing Group, is 80 years old and holds 81.85% of the group's shares [5] Group 4: Financial Background of Cixing Group - Cixing Group is a leading enterprise in the bearing industry, specializing in the R&D, production, and sales of precision transmission components, with annual revenue of approximately 2.8 billion yuan [6] - The company has a significant presence in the industrial robot core components sector and has established production bases in Mexico and Detroit, USA [6] Group 5: Financial Performance of Cixing Group - Cixing Group's financial performance over the past three years shows revenues of 1.497 billion yuan in 2022, 1.803 billion yuan in 2023, and projected revenues of 2.156 billion yuan in 2024 [7] - The net profit fluctuated from a loss of 28.04 million yuan in 2022 to a profit of 220 million yuan in 2024 [7] Group 6: Tianchuang Fashion's Financial Challenges - Tianchuang Fashion has faced declining revenue and profitability, with a reported revenue of 744 million yuan in the first three quarters of 2025, a year-on-year decrease of 7.12% [7]

Robotics - Huqin Technology has officially reached a strategic cooperation for robot complete machine manufacturing with Weita Power [1] - Penghui Energy's solid-state battery products are in the pilot test stage, with lithium battery products being applied in new energy vehicles and robots [1] Other Applications - Ocean King has no current projects applying its products in the autonomous driving sector [1] - Shuangta Food's plant protein powder and plant protein peptide products can be applied in the elderly health food sector [1] - Wanxiang Qianchao has received small batch orders for its bearing products in the low-altitude economy field [1] - Holleywo has laid out its rocket testing system business and achieved a breakthrough in orders [1]