11月28日晚间，东方精工发布重大资产重组预案，公司以及公司100%控股的东方精工（荷兰）拟以现金方式将所持Fosber集团、Fosber亚洲和Tiruña亚洲 三家公司的100%股权出售给Foresight US及Foresight Italy。本次交易完成后，公司将剥离瓦楞纸板生产线业务。 东方精工主营业务主要包括智能包装装备和水上动力设备两大领域。其中，智能包装装备业务包括智能瓦楞纸包装装备、数码印刷设备以及工业互联网行 业解决方案三个子板块。 东方精工提示，标的公司营业收入占公司合并报表口径数据的比例较高，尽管目前公司除瓦楞纸板生产线业务以外的其他业务仍具相当规模，且公司战略 性布局投资的创新业务规模也在逐步增长，但仍然无法避免交易完成后短时间内营业收入规模下降所带来的影响。 | | | | 财务指标 | 标的公司 | 上市公司 | 标的公司/上市公司 | | --- | --- | --- | --- | | 资产总额 | 298,594.02 | 752,857.70 | 39.66% | | 资产净额 | 150,463.78 | 497,737.95 | 30.23% | | 营业收入 | 3 ...

Core Viewpoint - The article discusses the significant asset restructuring of Dongfang Precision, which plans to sell its corrugated cardboard production line business, including the Italian Fosber Group, for a total price of €774 million (approximately RMB 6.34 billion) [2][3]. Group 1: Major Asset Restructuring - Dongfang Precision announced the sale of 100% equity in Fosber Group, Fosber Asia, and Tiruña Asia to Foresight US and Foresight Italy, with the transaction expected to constitute a major asset restructuring [3]. - The financial data indicates that the revenue of the target companies accounts for 67.20% of the audited consolidated revenue of the listed company for the same period [3][5]. - The total assets of the target companies are valued at approximately RMB 2.99 billion, while the listed company has total assets of about RMB 7.53 billion, indicating that the target companies represent 39.66% of the total assets [5]. Group 2: Strategic Shift - The company aims to focus on its core business in water propulsion equipment and strategic emerging industries, marking a strategic transformation and resource reallocation [5]. - The transaction is part of a broader strategy to enhance the company's technological capabilities and upgrade its business model [5]. Group 3: Stock Performance and Market Position - Dongfang Precision's stock has seen a significant increase, with a year-to-date rise of over 90%, reaching a market capitalization of approximately RMB 22.4 billion as of November 28 [2][7]. - The company reported a revenue of RMB 3.39 billion for the first three quarters of the year, reflecting a year-on-year growth of 2.52%, while net profit attributable to shareholders increased by 54.64% to RMB 510 million [7]. Group 4: Robotics Business Development - Dongfang Precision has established a joint venture with Leju Robotics to focus on the production and application of humanoid robots, with an 80% stake in the new company [8]. - The company has been actively investing in the robotics sector since 2014, enhancing its investment portfolio in the field of industrial robotics and AI technologies [9].

Financial Overview - The company reported total assets of 8,347,404,337.56 yuan at the end of the reporting period, an increase from 7,528,576,996.98 yuan at the beginning of the period, reflecting a growth of approximately 10.9% [1][2][3] - Total liabilities increased to 2,783,327,792.28 yuan from 2,304,233,135.28 yuan, marking a rise of about 20.8% [2][3] - Total equity rose to 5,564,076,545.28 yuan from 5,224,343,861.70 yuan, indicating an increase of approximately 6.5% [2][3] Revenue and Profitability - The company reported total operating revenue of 2,158,956,857.88 yuan for the first half of 2025, slightly down from 2,161,188,907.40 yuan in the same period of 2024 [4][5] - Total operating costs increased to 1,828,531,494.60 yuan from 1,800,173,050.63 yuan, resulting in a rise in operating profit to 482,897,573.72 yuan compared to 277,783,762.74 yuan in the previous year [4][5] - Net profit for the period was reported at 415,897,033.30 yuan, up from 187,376,209.71 yuan in the prior year, reflecting a significant improvement in profitability [4][5] Cash Flow Analysis - The net cash flow from operating activities was 355,284,471.35 yuan, a substantial increase from 118,570,463.65 yuan in the previous year [6] - Cash flow from investing activities showed a net inflow of 514,988,451.97 yuan, compared to a net outflow of 160,975,009.11 yuan in the same period last year [6] - The net cash flow from financing activities was negative at -149,180,394.39 yuan, indicating a decrease in cash from financing sources [6] Asset Composition - Current assets totaled 5,157,376,014.72 yuan, up from 4,602,172,554.03 yuan, with significant increases in cash and cash equivalents [1][2] - Non-current assets amounted to 3,190,028,322.84 yuan, an increase from 2,926,404,442.95 yuan, driven by growth in fixed assets and long-term investments [1][2] Shareholder Equity - The company's equity attributable to shareholders increased to 5,351,030,865.11 yuan from 4,977,379,483.29 yuan, reflecting a growth of approximately 7.5% [2][3] - The basic and diluted earnings per share improved to 0.33 yuan from 0.14 yuan in the previous year, indicating enhanced shareholder value [4][5]