Group 1 - The core viewpoint of the news highlights the recent stock performance and financial metrics of Del Corporation, indicating a 37.13% increase in stock price year-to-date, with a recent decline of 4.74% over the last five trading days [1] - As of June 30, 2025, Del Corporation reported a revenue of 2.441 billion yuan, representing a year-on-year growth of 6.72%, and a net profit attributable to shareholders of 50.87 million yuan, which is a significant increase of 178.09% [2] - The company has a diverse product portfolio, with 73.77% of its revenue coming from noise reduction, thermal insulation, and lightweight products, while 24.42% comes from motors, pumps, and mechanical pump products [2] Group 2 - Del Corporation has a total market capitalization of 5.157 billion yuan, with a trading volume of 2.32 billion yuan and a turnover rate of 4.62% as of September 12 [1] - The company has seen a reduction in the number of shareholders, with 24,800 shareholders as of June 30, 2025, down 14.78% from the previous period [2] - Del Corporation has not distributed any dividends in the last three years, with a total payout of 242 million yuan since its A-share listing [3]

Group 1 - The core viewpoint of the news is that Del Shares has seen a significant increase in stock price, with a rise of 5.01% to 35.86 CNY per share, and a trading volume of 884 million CNY, indicating strong market interest [1] - Del Shares, established on November 12, 2004, and listed on June 12, 2015, specializes in the research, production, and sales of automotive components, including steering pumps, gear pumps, automatic transmission oil pumps, EPS motors, hydraulic pumps, and keyless entry and start systems [1] - The main business revenue composition includes noise reduction, heat insulation, and lightweight products at 73.77%, motors, pumps, and mechanical pumps at 24.42%, electronic control and automotive electronics at 1.07%, and others at 0.73% [1] Group 2 - From the perspective of major circulating shareholders, a fund under AVIC Fund ranks among the top shareholders of Del Shares, with the AVIC New Start Flexible Allocation Mixed A Fund (005537) newly entering the top ten circulating shareholders in the second quarter, holding 1.0319 million shares, accounting for 0.69% of circulating shares [2] - The AVIC New Start Flexible Allocation Mixed A Fund has achieved a year-to-date return of 65.6%, ranking 187 out of 8178 in its category, and a one-year return of 84.75%, ranking 434 out of 7978 [2] - The fund manager of AVIC New Start Flexible Allocation Mixed A Fund, Han Hao, has a cumulative tenure of 7 years and 268 days, with the fund's total asset scale at 1.788 billion CNY, and the best and worst fund returns during his tenure being 177.53% and -21.33%, respectively [3] Group 3 - The AVIC New Start Flexible Allocation Mixed A Fund increased its holdings in Del Shares by 676,900 shares in the second quarter, bringing its total holdings to 1.0319 million shares, which constitutes 7.32% of the fund's net value, making it the sixth-largest holding [4]

Group 1 - The core viewpoint of the news is that Del Shares has seen a significant increase in stock price and trading volume, indicating positive market sentiment towards the company [1] - As of September 4, Del Shares' stock price rose by 5.12% to 34.10 yuan per share, with a trading volume of 3.23 billion yuan and a turnover rate of 6.39%, resulting in a total market capitalization of 5.148 billion yuan [1] - Del Shares specializes in the research, production, and sales of automotive components, including steering pumps, gear pumps, automatic transmission oil pumps, electric power steering systems (EPS) motors, hydraulic pumps, and keyless entry and start systems [1] Group 2 - From the perspective of major shareholders, a fund under AVIC Fund ranks among the top ten circulating shareholders of Del Shares, having newly entered the list in the second quarter with 1.0319 million shares, accounting for 0.69% of circulating shares [2] - The AVIC New Start Flexible Allocation Mixed A Fund (005537) has achieved a year-to-date return of 67.5%, ranking 280 out of 8180 in its category, and a one-year return of 86.1%, ranking 565 out of 7978 [2] - The fund manager, Han Hao, has been in position for 7 years and 267 days, with the fund's total asset size at 1.788 billion yuan and a best return of 205.46% during his tenure [3] Group 3 - The AVIC New Start Flexible Allocation Mixed A Fund (005537) increased its holdings in Del Shares by 676,900 shares in the second quarter, bringing its total to 1.0319 million shares, which constitutes 7.32% of the fund's net value, making it the sixth-largest holding [4] - The fund has generated an estimated floating profit of approximately 1.713 million yuan from its investment in Del Shares [4]

Core Viewpoint - Del's impressive performance in the automotive parts industry is driven by its global strategy and continuous investment in the new energy sector, achieving significant revenue and profit growth in the first half of 2025 [1][2]. Financial Performance - In the first half of 2025, the company reported revenue of 2.441 billion yuan, a year-on-year increase of 6.72% [1]. - The net profit attributable to shareholders reached 50.8706 million yuan, marking a substantial year-on-year growth of 178.09% [1]. - Revenue from new energy vehicle products amounted to 293 million yuan, reflecting a 74.12% increase and accounting for 12.01% of total revenue [1]. Strategic Initiatives - The acquisition of German company Kakuisi in 2017 marked the beginning of Del's globalization efforts, enhancing its presence in the European and American markets [1]. - Kakuisi's integration into the market has led to improved performance through close collaboration with clients and optimization of organizational and supply chain structures [1]. - The establishment of a new energy vehicle division in Kakuisi in 2021 has driven the development of various products, including battery flame retardant covers and electromagnetic shielding covers [1]. Innovation and Technology Development - Continuous innovation is central to the rapid deployment of Del's new energy products, with a focus on a "develop one generation, apply one generation" strategy [2]. - As of June 2025, the company holds a total of 625 intellectual property rights, including 570 patents and 55 software copyrights [2]. - Del has been actively developing solid-state battery technology since 2018, with significant progress in technology iteration and industrialization [2]. - The establishment of a sample production line for solid-state batteries in Shanghai and the creation of Del Energy Technology (Huzhou) Co., Ltd. are key steps in accelerating the industrialization process [2]. - The solid-state battery has passed UN38.3 certification, meeting international transport safety standards, and is ready for global delivery [2]. Future Outlook - The company's high-quality performance growth is attributed to its global layout advantages, rapid growth in new energy vehicle-related businesses, and cost reduction measures [2]. - The steady advancement of solid-state battery industrialization is expected to further enhance the company's development potential and market competitiveness [2].