Core Viewpoint - The company Kobotda plans to issue convertible bonds to raise up to 1.49 billion yuan for various expansion projects, marking its first refinancing initiative since its listing in 2019 [2] Group 1: Fundraising and Investment Plans - Kobotda intends to use the funds from the convertible bond issuance for capacity expansion projects related to automotive central computing platforms, intelligent driving domain control products, and other automotive electronic products [2][3] - The highest investment of 387 million yuan will be allocated to the automotive central computing platform and intelligent driving domain control product capacity expansion project [3] Group 2: Business Overview and Market Position - Kobotda is a leading player in the automotive electronics sector, focusing on the research, production, and sales of automotive lighting control systems, motor control systems, energy management systems, and in-vehicle electronics [2] - The company has successfully developed high-cost performance automotive central computing platforms and intelligent driving domain control products for several global mainstream automotive brands, with projected lifecycle sales exceeding 20 billion yuan for domestic projects [3] Group 3: Strategic Development and Competitive Advantage - By entering the central computing platform and intelligent driving domain control fields, Kobotda aims to enhance the value per vehicle and create synergies with existing products, providing comprehensive solutions from decentralized to centralized control [4] - The company’s strategic plan includes expanding its production base in Anhui, which is designated as the second-largest production base in China, to meet industry demands and enhance market competitiveness [4][5] - The expansion projects are aligned with national industrial policies and the company's strategic direction, promising good market prospects and economic benefits [5]

逆市之下，内卷之中，股价一度破百元，营收净利双增长，这家优秀上市照企就是——科博达！ 2025年上半年，科博达实现营业收入约30.47亿元，同比增长11.10%；实现归属于上市公司股东的净利 润约4.51亿元，同比增长21.34%。 对于"主要客户结构"，科博达表示，2025年上半年，公司前五大终端客户分别为德国大众、一汽集团、 理想汽车、上汽大众、康明斯，合计营收占比63.95%。 另外，科博达还提到，2025年上半年，新获定点项目预计生命周期销售额超过70亿元，其中某国际知名 整车厂新世代架构下超级大脑之一中央域控产品定点对于科博达全球业务拓展、客户关系深化、产品结 构升级具有重要意义。 值得注意的是，业绩说明会上，科博达还对"收购上海科博达智能科技对公司全年业绩有何影响？"进行 了回复。 在业绩说明会上，科博达对"全球化业务布局""上半年客户主要结构""收购上海科博达智能科技"等问题 进行详细解答。 对于"全球化业务布局"，科博达表示，全球化是公司发展的重要战略，2025年上半年，公司以自有资金 收购位于捷克的IMI公司100%股权。本次收购不仅有助于科博达在欧洲实现本土化运营，也是深化全球 布局、提升 ...

Group 1 - The company reported a revenue of 3.047 billion yuan for the first half of 2025, representing an 11.1% year-on-year growth [1] - The net profit attributable to shareholders reached 451 million yuan, with a year-on-year increase of 21.34% [1] - The net cash flow from operating activities was 448 million yuan, showing a significant increase of 255.73% compared to the same period last year [1] Group 2 - The overseas revenue for the company was 1.148 billion yuan, reflecting a year-on-year growth of 23.19%, accounting for over 38% of total revenue [1] - The company has achieved revenue growth across all four major business segments: lighting control systems (12.03%), motor control systems (14.47%), energy management systems (20.18%), and automotive electrical and electronic products (7.95%) [1] Group 3 - The company has secured new projects with an expected lifecycle sales exceeding 7 billion yuan, including a significant project for a central domain control product for a well-known international automaker [2] - The central domain control product is a key component in vehicle management, covering various functionalities such as climate control and remote software upgrades [2] - The company has developed several new products that align with industry trends, including smart distribution boxes and intelligent control systems, which are expected to drive future growth [2] Group 4 - The company acquired 100% of IMI in the Czech Republic to establish a high-standard automotive electronics production base in Europe, enhancing its global production and service capabilities [3] - The Czech facility will serve as a strategic hub for the company in Europe, improving product delivery times and expanding its global customer base [3] - The company aims to upgrade its product offerings from single electronic control units to intelligent domain control products, driven by the global shift towards smart and green automotive solutions [3]