据悉，标的公司上海峰梅动力系统有限公司为上汽大众汽车有限公司的全资子公司，是为承接上汽大众 拟出售的上海嘉定区发动机一厂土地、厂房、设备和相关业务而专门设立的公司。 12月10晚，宁波华翔（002048）公告称，董事会同意公司与实控人控制的企业——宁波峰梅控股有限公 司(下称"峰梅控股")，共同以现金出资的方式购买上海峰梅动力系统有限公司(下称"峰梅动力""标的公 司")100%股权。 经交易各方协商确定，峰梅动力100%股权购买价格为5.3亿元，其中，宁波华翔出资2.12亿元，持股占 比40%；峰梅控股出资3.18亿元，持股占比60%。 对于此次交易为何不收购标的公司控股权，宁波华翔解释称，由于切入电池包总成业务新赛道，整体业 务受新能源市场波动风险进一步增加，特别是自2026年起新能源汽车购置税减半后，新能源市场的接受 度将大大受到考验，因此公司未购买标的公司控股权，由关联方峰梅控股作为本次交易的控制方，能有 效降低上市公司的投资风险。 值得一提的是，公告还指出，在此次交易中，宁波华翔购买标的公司40%股权，峰梅控股购买标的公司 60%股权，待新业务运行稳定并达成预期效果后，公司将依据相关法律法规，进行业 ...

Core Viewpoint - Ningbo Huaxiang's Q3 2025 report shows a significant profit recovery despite a revenue decline, indicating strong internal management and profitability improvement capabilities [1][2]. Financial Performance - For the first three quarters, the company achieved a revenue of 19.224 billion yuan, a year-on-year increase of 5.88%, while net profit attributable to shareholders was 88.7261 million yuan, a year-on-year decrease of 87.68% [1]. - In Q3 alone, revenue was 6.345 billion yuan, down 3.01% year-on-year, but net profit attributable to shareholders surged by 149.27% to 462 million yuan [1]. Business Operations - The fluctuation in performance was primarily due to the impact of the European business divestiture and non-recurring losses from North American buybacks in the first half of the year [1]. - The third quarter saw accelerated growth in self-owned brand business and effective cost reduction measures, leading to a significant profit recovery and improved gross margin [1]. Strategic Initiatives - Ningbo Huaxiang is actively pursuing expansion and smart manufacturing upgrades, with plans to raise up to 2.921 billion yuan through a specific A-share issuance to fund various projects, including smart manufacturing and digital upgrades [2]. - The company is also expanding into the humanoid robotics sector through the establishment of Ningbo Huaxiang Qiyuan Technology Co., focusing on hardware solutions and high-performance materials [2][3]. Technological Development - The company aims to become a leading global ODM in the intelligent robotics sector within three to five years, leveraging its lightweight material research capabilities [3]. - A joint venture was established to focus on the research and application of PEEK materials, with significant investments in technology and partnerships with academic institutions to enhance production capabilities [3].