证券代码：001283 证券简称：豪鹏科技 深圳市豪鹏科技股份有限公司 投资者关系活动记录表 基于明确的客户量产规划，公司预计 AI 相关业务，尤其 是高附加值的 AI 端侧能源解决方案，将在未来数年内显著提 升整体营收比重，并同步推动盈利模型优化，有望重塑公司 的盈利结构与估值体系。 3.公司如何看待 AIDC 的市场？是否已有产品开发出 来？ 答：尊敬的投资者，您好！根据高工锂电的数据，全球 AIDC 储能市场正呈现爆发式增长态势。2025 年，该领域锂电出货 量预计为 15GWh，市场尚处于起步阶段；到 2027 年预计出货 量将快速攀升至 69GWh；而 2030 年出货量预计将突破 300GWh 大关，市场规模实现 20 倍的扩张，年复合增长率预计超过 60%。 编号：2026-001 投资者关系 活动类别 □特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □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 古曲基金、墨竹基金、昱阳私募、广州昱阳私募基金、中信 证券、华西证券、中信证券、汇湘置业、申万电新、中泰证 券股份有限公司、博时基金、远信投资、华泰证券、广州泽 恩投 ...

Group 1 - Huakang Clean has won a bid for the Keqiao Future Medical Center purification system project with a contract value of 176 million yuan, accounting for 10.29% of the company's expected revenue for 2024 [1] - Pulike plans to acquire a 4.04% stake in Zhongpu Biological for 17.5143 million yuan, which will increase its ownership to 51.01% and grant control over Zhongpu Biological, which is currently operating at a loss [1] - Guangzhou Port expects a 14.7% year-on-year increase in container throughput for November, reaching 2.399 million TEUs [2] Group 2 - Heng Rui Medicine's application for the marketing authorization of injectable remimazolam has been accepted by the National Medical Products Administration [3] - TBEA has established an asset-backed special plan for accounts receivable with a total subscription amount of 1.7215 billion yuan, which will officially commence on December 2, 2025 [3] - Guomai Culture reported an estimated loss of approximately 40 million yuan from its investment in the film "The Stars of the Three Kingdoms," which is expected to exceed 10% of the company's audited net profit for 2024 [4] Group 3 - Binhai Group has successfully acquired a residential land use right for 1.361 billion yuan, with a construction area of 26,000 square meters [4] - Weichip Bio has received approval from the China Securities Regulatory Commission for a specific stock issuance [5] - China Electric Research plans to sell its entire stake in Guoji Capital for 11.2505 million yuan [6] Group 4 - Sanyou Medical has signed a strategic cooperation and distribution agreement with CGBio of South Korea, obtaining exclusive distribution rights for a product used in spinal fusion and trauma repair [7] - Shengbang Security has received a government subsidy of 1.5 million yuan, accounting for 35.92% of the company's audited net profit for the most recent fiscal year [8] - Design Institute has won 17 projects with a total bid amount of approximately 278 million yuan [9] Group 5 - Xinyu Guokai has appointed Zhang Deyuan as the new deputy general manager [10] - Wanfu Bio has obtained a medical device registration certificate for a combined test kit for respiratory viruses [11] - Guomint Technology has received approval from the CSRC for its H-share issuance [12] Group 6 - Lianlong has been approved to issue up to 2 billion yuan in medium-term notes for technological innovation [14] - ST Zhongqing has announced the resignation of its deputy general manager due to personal reasons [16] - Weisheng Information has won contracts totaling 65.3271 million yuan for projects with the State Grid and Southern Grid [17] Group 7 - Yikang Pharmaceutical has received approval for clinical trials of its aerosol inhalation agent YKYY018 [18] - Suneng Co. has received approval from the CSRC for a public bond issuance of up to 2 billion yuan [20] - Yutong Bus reported an 8.62% year-on-year increase in sales for November, totaling 4,058 units [21] Group 8 - Furan De plans to reduce its shareholding by up to 3% through various trading methods [23] - Beiqi Blue Valley's subsidiary reported a 112.71% year-on-year increase in vehicle sales for November [24] - Yonggui Electric has won a logistics procurement project worth 17.8992 million yuan [25] Group 9 - Aihua Group plans to acquire 100% of Aihua New Power for 20.356 million yuan [26] - Chip Origin has announced plans for a combined reduction of up to 1.15% of its shares by four shareholders [27] - China Electric Environmental Protection has signed a contract worth 125.7 million yuan for a water treatment project [27] Group 10 - Meiyang Jixiang has reported uncertainty regarding the evaluation results of its mineral resource reserve application [28] - Tanshan plans to acquire 51% stakes in Beitelai and Shanghai Tongtu for a total of 6.78 billion yuan [29] - Northern International has received approval for a specific stock issuance from the CSRC [30] Group 11 - China Mobile has received approval for the transfer of state-owned shares to China National Petroleum Corporation [31] - Wolong New Energy plans to invest 804 million yuan in an independent energy storage demonstration project [33] - CATL plans to invest 500 million yuan in a private equity fund focusing on technology and healthcare sectors [34]

Core Viewpoint - Yonggui Electric (300351) has won a bid for a battery module project from CR Logistics, amounting to 17.8992 million yuan (including tax) [1] Company Summary - Yonggui Electric's subsidiary, Jiangsu Yonggui New Energy Technology Co., Ltd., received a bid notification from CR Logistics [1] - The project involves the deep procurement of batteries for the Zhujiji Sifang project [1] - The total bid amount is 17.8992 million yuan, which is approximately 2.5 million USD [1]

Core Viewpoint - The company announced the acquisition of 100% equity in Foshan Zhiqiang Optoelectronics Co., Ltd., a supplier of PC display module structural components, to enhance its position in the AI smart terminal hardware module industry chain and expand its high-end brand customer base [1] Group 1: Investment Details - The company held its 12th meeting of the third board of directors on November 21, 2025, where it approved the proposal for external investment to purchase equity [1] - The acquisition will be funded using 66.497 million yuan of the company's own or raised funds through share transfer [1] - Following the completion of the transaction, the target company will become a wholly-owned subsidiary and will be included in the company's consolidated financial statements [1] Group 2: Strategic Considerations - The acquisition is part of the company's strategic plan to deepen its layout in the AI smart terminal hardware module industry, including structural modules and battery modules [1] - The company aims to complement its existing customer base, which includes major brands like Lenovo, HP, Dell, Xiaomi, and ASUS, by adding high-end brand customers [1]

Core Viewpoint - Jinbei Automotive plans to invest 158 million yuan to acquire a 52% stake in Zhongtuo Technology, making it a subsidiary, enhancing its position in the automotive parts industry [1][2] Group 1: Investment Details - Jinbei Automotive will invest 89.583 million yuan to subscribe for 25 million yuan of new registered capital in Zhongtuo Technology, resulting in a 29.41% stake [2] - Following the capital increase, Jinbei Automotive will acquire an additional 22.59% stake from existing shareholders for 68.8 million yuan, bringing its total ownership to 52% [2] - The total registered capital of Zhongtuo Technology will be 442 million yuan after the investment [2] Group 2: Company Profile and Market Position - Zhongtuo Technology is a high-tech enterprise specializing in the R&D, production, and sales of automotive parts, with manufacturing bases in Changchun, Chengdu, and Tianjin [1] - The company serves a diverse range of clients, including major automotive manufacturers such as FAW Hongqi, Volkswagen/Audi, BMW, and emerging companies like Xiaomi and Xpeng [1][2] - Zhongtuo Technology is recognized as a leading Tier 2 supplier in the Northeast automotive industry, particularly in plastic parts spraying [2] Group 3: Strategic Implications - The investment aligns with Jinbei Automotive's growth strategy focused on innovation and market expansion through joint ventures [2] - This acquisition will allow Jinbei Automotive to enter the lightweight components sector, creating new business growth opportunities and enhancing its profitability and overall strength [2]

Core Viewpoint - Jinbei Automotive plans to invest 158 million yuan to acquire a 52% stake in Zhongtuo Technology, making it a subsidiary, which will enhance its capabilities in lightweight automotive components and diversify its customer base [2][3]. Group 1: Investment Details - Jinbei Automotive will invest 89.583 million yuan to subscribe to an additional 25 million yuan of registered capital in Zhongtuo Technology, resulting in a 29.41% stake [3]. - Following the capital increase, Jinbei Automotive will acquire an additional 22.59% stake from existing shareholders for 68.8 million yuan, bringing its total ownership to 52% [3]. - The total registered capital of Zhongtuo Technology will be 442 million yuan after the investment [3]. Group 2: Company Profile and Market Position - Zhongtuo Technology is a high-tech enterprise specializing in the R&D, production, and sales of automotive parts, with manufacturing bases in Changchun, Chengdu, and Tianjin [2]. - The company serves a diverse range of clients, including major automotive manufacturers such as FAW Hongqi, Volkswagen/Audi, BMW, Toyota, and emerging companies like Xiaomi and XPeng [2][3]. - Zhongtuo Technology is recognized as the largest and most technologically advanced Tier 2 supplier of plastic parts in Northeast China's automotive industry [3]. Group 3: Strategic Implications - The investment aligns with Jinbei Automotive's growth strategy focused on innovation and market expansion through joint ventures and partnerships [3]. - This acquisition will allow Jinbei Automotive to enter the lightweight component sector, creating new business growth opportunities and enhancing its profitability and overall strength [3].

Core Viewpoint - The company Jinbei Automobile (600609.SH) plans to invest in Zhongtuo Technology to strengthen its supply chain, optimize customer structure, expand revenue scale, and enhance business synergy and diversification [1] Group 1: Investment Details - The investment in Zhongtuo Technology is based on an enterprise valuation of 215 million yuan, with a final transaction value of 215 million yuan agreed upon after negotiations [1] - The company will invest 89.58 million yuan in cash to subscribe to an increase in Zhongtuo Technology's registered capital of 25 million yuan, resulting in a 29.41% equity stake [1] - Following the capital increase, the company will acquire an additional 22.59% equity stake for 68.80 million yuan, leading to a total ownership of 52% in Zhongtuo Technology [1] Group 2: Zhongtuo Technology Overview - Zhongtuo Technology is a high-tech enterprise engaged in the research, production, and sales of automotive components, with manufacturing bases in Changchun, Chengdu, and Tianjin, and a service center in Foshan [2] - The company supplies parts to major automotive manufacturers including Hongqi, Volkswagen/Audi, BMW, Toyota, and others, and has become a first-tier supplier for Li Auto [2] - Prior to the investment, Zhongtuo Technology's equity was pledged due to bank loans, but the investment will allow the company to prioritize repaying these loans and release the equity pledge [2]

Core Viewpoint - The company plans to invest 158 million yuan to acquire a 52% stake in Changchun Zhongtuo Molding Technology Co., Ltd., making it a subsidiary and enhancing its capabilities in lightweight automotive components [1] Company Summary - The investment will be executed through subscribing to new capital and acquiring equity, resulting in Zhongtuo Technology becoming a controlled subsidiary included in the company's consolidated financial statements [1] - Zhongtuo Technology is a high-tech enterprise engaged in the research, production, and sales of automotive parts, with manufacturing bases in Changchun, Chengdu, and Tianjin, and a service center in Foshan [1] - The company supplies components to major automotive manufacturers including Hongqi, Volkswagen/Audi, BMW, Toyota, Mazda, Geely, Volvo, Great Wall Motors, Xiaomi, Xpeng, and BAIC, and has successfully entered the supply chain of Li Auto [1] Industry Summary - This transaction allows the company to expand into the lightweight component sector, creating new business growth opportunities and enhancing its sustainable profitability and overall strength [1]

Core Viewpoint - The company plans to invest 158 million yuan to acquire a 52% stake in Changchun Zhongtuo Molding Technology Co., Ltd., making it a subsidiary and enhancing its capabilities in lightweight automotive components [1] Group 1: Investment Details - The total investment amount is 158 million yuan, which will be used for subscribing to new capital and acquiring equity [1] - After the transaction, Zhongtuo Technology will become a controlling subsidiary of the company and will be included in the consolidated financial statements [1] Group 2: Company Profile of Zhongtuo Technology - Zhongtuo Technology is a high-tech enterprise engaged in the research, production, and sales of automotive parts [1] - The company has established manufacturing bases in Changchun, Chengdu, and Tianjin, along with a service center in Foshan [1] - Its product range includes interior components, seats, lighting, thermal management systems, electric drives, battery modules, and BMS [1] Group 3: Market Position and Strategic Implications - Zhongtuo Technology supplies major automotive manufacturers such as Hongqi, Volkswagen/Audi, BMW, Toyota, Mazda, Geely, Volvo, Great Wall Motors, Xiaomi, Xpeng, and BAIC [1] - The transaction is expected to help the company enter the lightweight component sector, creating new business growth opportunities and enhancing its profitability and overall strength [1]

Group 1: Revenue and Client Distribution - The top five clients in the PC downstream account for significant revenue shares: Lianbao (40%-50%), Compal (approximately 20%), Wistron (around 10%), and Huaqin (close to 10%) [3] - Lenovo is the largest client, with a high revenue share due to the trend of US clients shifting production overseas, resulting in decreased shares for HP and Dell [3] Group 2: AIPC Orders and Market Trends - AIPC orders currently represent 20%-30% of total orders, with a slower than optimistic expected penetration rate for 2024 [3] - The unit value of AIPC products is expected to increase by approximately 30% [4] Group 3: Solar Business Performance - Last year's solar revenue accounted for about 11% of total revenue, primarily from component production and distributed solar power station investments [6] - This year's solar revenue is expected to decrease due to a shift towards self-invested distributed solar power stations, primarily generating income from electricity sales [6] Group 4: Future Business Development - The company plans to expand into new business models, including energy storage and overseas market exploration, to improve operational conditions in the solar sector [7] - The company is focusing on enhancing its core business while exploring opportunities in servers, automotive, and low-altitude battery sectors [9] Group 5: Acquisition and Integration Plans - The acquisition of Youteli is seen as a strategic move, with expectations of significant synergy and enhanced profitability post-acquisition [11] - Youteli's main clients include Acer, and the acquisition is expected to create opportunities for supplying Lenovo [14] Group 6: Financial Outlook - The company anticipates an increase in revenue in Q4, with stable order volumes and profitability expected to remain consistent with previous quarters [13] - The overall performance is projected to improve significantly next year due to business scale growth and the integration of Youteli [13] Group 7: International Expansion - The Saudi Arabia production capacity is expected to be established in 2026, with production commencing in 2027 [18]