Investment Rating - The report maintains a "Buy" rating for the company [5] Core Views - The company's performance in H1 2025 met expectations, with revenue of 390 million yuan, a year-on-year increase of 9%, and a net profit attributable to shareholders of 100 million yuan, up 5% year-on-year [1] - The company is accelerating its global expansion, with production bases in Xinchang and Thailand, which are expected to support future revenue growth [2] - The establishment of a robotics division positions the company to benefit from the upcoming growth in the robotics industry, leveraging its precision manufacturing capabilities [2] Financial Performance Summary - In H1 2025, the company's gross margin was 34.8%, an increase of 1.9 percentage points year-on-year, while the net profit margin was 25.4%, a decrease of 0.9 percentage points year-on-year [1] - Revenue projections for 2025-2027 are 952 million yuan, 1.171 billion yuan, and 1.581 billion yuan, respectively, with corresponding net profits of 218 million yuan, 259 million yuan, and 347 million yuan [4] - The company’s earnings per share (EPS) for 2025 is projected to be 1.36 yuan, with a price-to-earnings (P/E) ratio of 75.5 [4]

浙江斯菱汽车轴承股份有限公司 第四届董事会第十次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 一、董事会会议召开情况 浙江斯菱汽车轴承股份有限公司（以下简称"公司"）第四届董事会第十次会议通 知于 2025 年 8 月 12 日以电子邮件等通讯方式发出，于 2025 年 8 月 22 日在公司会议 室以现场结合通讯的方式召开。会议由公司董事长姜岭先生主持，本次会议应出席董 事 5 人，实际出席董事 5 人，公司监事及高级管理人员列席了会议。 本次会议的召集、召开和表决程序符合有关法律、法规和《公司章程》的规定。 二、董事会会议审议情况 证券代码：301550 证券简称：斯菱股份 公告编号：2025-028 与会董事经过审议，表决通过了以下议案： （一）审议通过《关于<2025 年半年度报告>及其摘要的议案》 公司《2025 年半年度报告》及其摘要的编制及审议程序符合法律、行政法规，报 告内容真实、准确、完整地反映了公司 2025 年半年度的经营情况，不存在虚假记载、 误导性陈述或者重大遗漏。 具体内容详见公司同日在巨潮资讯网（http://ww ...

财通证券股份有限公司 关于浙江斯菱汽车轴承股份有限公司 部分募投项目延期的核查意见 财通证券股份有限公司（以下简称"财通证券"或"保荐人"）作为浙江斯 菱汽车轴承股份有限公司（以下简称"斯菱股份"或"公司"）首次公开发行股 票并在创业板上市的保荐人，根据《证券发行上市保荐业务管理办法》《深圳证 券交易所创业板股票上市规则》《深圳证券交易所上市公司自律监管指引第 2 号 ——创业板上市公司规范运作》《上市公司募集资金监管规则》等相关法律、法 规和规范性文件的规定，对斯菱股份部分募投项目延期事项进行了核查，具体核 查情况如下： 一、募集资金基本情况 经中国证券监督管理委员会《关于同意浙江斯菱汽车轴承股份有限公司首次 公开发行股票注册的批复》 （证监许可〔2023〕1251 号）同意，浙江斯菱汽车轴 承股份有限公司向社会公众公开发行人民币普通股（A 股）27,500,000 股，每股 发行价格 37.56 元，募集资金总额为人民币 103,290.00 万元，扣除发行费用人民 币 10,634.71 万元（不含税）后，募集资金净额为人民币 92,655.29 万元。 上述募集资金已划至公司募集资金专项账户，天健会计 ...

Group 1 - The company announced a delay in the expected operational status of two projects: the 'Annual Production of 6.29 million sets of high-end automotive bearings intelligent construction project' and the 'Upgrading project of the Slin Technology R&D Center' from September 2025 to September 2026 [1] - The delay is attributed to external factors affecting the preliminary preparation, design, and administrative approval of the project construction land [1] - The company will continue to monitor the construction progress and expedite subsequent investments after the main project is completed to ensure overall quality and expected benefits [1] Group 2 - The delay of certain fundraising projects will not have a significant adverse impact on the company's normal operations and aligns with the company's long-term development plan [1]