易实精密 20250627 摘要 列零件已于 2024 年通过特斯拉认证，并于 2025 年上半年开始贡献销 售收入。 公司与孔辉的战略合作旨在开发控制器和减震器上的金属零件，将原有 环产品升级为组件产品，提高单车产品价值。孔辉订单同比增长约 30%，预计 2025 年第二季度空悬产品产量达 90 万至 100 万只。拓普 集团测试效果良好，预计近期将陆续收到订单，将对年度营收和利润产 生较大贡献。 木头项目已于 2023 年 10 月完成工程竣工验收备案，预计 2024 年下半 年正式进入生产或量产阶段，产能利用率将显著提高。公司 2025 年整 体营收和利润的规划目标是在 2024 年基础上同比增长 18%至 20%。2024 年上半年，营收和净利润的增长率基本维持在 8%至 10% 左右。 公司与通义和已签订意向协议，预计最快可在 2025 年 8 月底完成收购， 2025 年第四季度实现并表，贡献营收和利润。尽职调查和审计工作预 计在 2025 年 7 月上旬完成。通义和 2025 年预期承诺净利润为 2,800 万元，2026 年和 2027 年预期分别为 3,500 万元和 4,000 万元。 Q ...

Group 1: Investor Relations Activity Overview - The investor relations activity was conducted online on June 16 and June 18, 2025, involving various institutional investors [3][5] - Participating institutions included West Securities, Dongwu Securities, and several well-known funds and investment companies [3][5] Group 2: Acquisition of Tongyihe - The company introduced the acquisition of 51% of Tongyihe Precision Technology Co., Ltd., a recognized player in precision mold manufacturing [5][6] - Tongyihe specializes in precision molds and components, with major clients including global automotive parts companies such as Faurecia and Magna [5][6] Group 3: Competitive Advantages of Tongyihe - Tongyihe holds 20 patents, including 3 invention patents and 17 utility model patents, related to its core business [8] - The company has established long-term relationships with major clients, ensuring stable customer resources [8][9] - Tongyihe has a leading market position in the domestic precision mold industry, particularly in hydraulic precision molds [8][9] Group 4: Synergies from the Acquisition - The acquisition will enable customer resource sharing and market collaboration, expanding the customer base for both companies [10] - Supply chain integration will optimize procurement processes and reduce costs by leveraging the combined purchasing power [10][11] - The transaction aims to enhance technical collaboration, improving the overall metal forming process and service offerings [10][11] Group 5: Business Growth and New Client Development - The company plans to deepen its focus on the suspension business, with ongoing projects and collaborations with various automotive clients [11][12] - New technologies, such as the second and third generation welding ring production lines, are expected to enhance production efficiency and reduce costs [11][12]

Core Viewpoint - The company, 易实精密, announced its intention to acquire 51% of 通亦和精工科技 for a maximum price of 163 million yuan, aiming to enhance its technological capabilities and expand its business scope in the automotive parts industry [1][2]. Group 1: Acquisition Details - 易实精密 plans to purchase 51% of 通亦和 for no more than 163 million yuan, with the transaction not constituting a related party transaction [1]. - 通亦和 specializes in precision stamping technology and has become a supplier for several internationally recognized automotive parts companies [1]. Group 2: Financial Performance and Projections - The performance commitment period for 通亦和 is set from 2025 to 2027, with projected net profits of 28 million yuan, 32 million yuan, and 36 million yuan for the respective years after deducting non-recurring gains and losses [1]. - 易实精密 reported a revenue of 321 million yuan for 2024, reflecting a year-on-year growth of 16.56%, and a net profit of 54.1 million yuan, up 5.03% year-on-year [2]. Group 3: Strategic Implications - The acquisition is expected to enhance 易实精密's core technological competitiveness and profitability by diversifying its production processes to include precision stamping technology [2]. - The integration of customer resources between the two companies is anticipated to expand their customer base and improve risk resilience [2].