科博达公告，公司拟以现金方式收购上海恪石投资管理有限公司持有的上海科博达智能科技有限公司 60%股权。本次交易尚需提交公司股东大会审议通过后实施。公司将尽快推动交易进程，经公司股东大 会审议通过后，预计上海科博达智能科技有限公司将于2025年9月30日成为公司控股子公司并纳入合并 报表范围，公司将根据该事项的进展情况履行信息披露义务。 ...

Core Insights - The global automotive industry is undergoing a restructuring phase, with Chinese automotive exports expected to accelerate by 2025, leading to a projected production scale of nearly 30 million vehicles by 2030 for Chinese brands [1][2] - The penetration rate of new energy vehicles (NEVs) in China is anticipated to exceed 50% by 2025, positioning Chinese brands as leaders in the domestic market [2] - Global consumer awareness of electric and intelligent technologies has been established, prompting a rapid transition to NEVs among European, American, and Japanese automakers [2] Industry Overview - The transformation towards electric and intelligent vehicles in China is nearly complete, with a significant market share achieved by local brands [2] - Chinese automotive exports are expected to maintain their position as the largest globally, with a shift towards deeper international expansion for domestic brands [2] - The demand for NEVs in non-Chinese markets is projected to increase, driven by both supply and demand dynamics, leading to a potential "Davis Double Play" opportunity for the Chinese supply chain [2] Company Recommendations - Recommended companies for investment include leading Chinese automakers with established export strategies such as BYD, Leap Motor, Great Wall Motors, Geely, and Xpeng [3] - International component suppliers with strong global presence and technological leadership, such as Minth Group, Fuyao Glass, Sanhua Intelligent Controls, Changshu Automotive Trim, and Coboda, are also highlighted as potential beneficiaries of the NEV transition [3]

Group 1 - The core point of the news is that Kobotda's stock price increased by 5.41% to 97.70 CNY per share, with a trading volume of 378 million CNY and a turnover rate of 0.99%, resulting in a total market capitalization of 39.457 billion CNY [1] - Kobotda Technology Co., Ltd. is located in the China (Shanghai) Free Trade Pilot Zone and was established on September 12, 2003, with its listing date on October 15, 2019. The company primarily engages in the research, production, and sales of automotive electronic products [1] - The main business revenue composition of Kobotda is 96.77% from automotive parts and 3.23% from other sources [1] Group 2 - From the perspective of fund holdings, Huafu Fund has one fund heavily invested in Kobotda, specifically the Huafu Times Selected Mixed A (016119), which held 48,100 shares in the second quarter, accounting for 3.93% of the fund's net value, ranking as the seventh largest holding [2] - The Huafu Times Selected Mixed A (016119) was established on December 1, 2022, with a latest scale of 58.5449 million CNY. It has achieved a year-to-date return of 31.18%, ranking 2796 out of 8173 in its category, and an annual return of 80.58%, ranking 1258 out of 7996 [2] - The fund managers of Huafu Times Selected Mixed A are Chen Qi and Wang Yiwei, with Chen having a tenure of 5 years and 341 days and a total fund asset scale of 817 million CNY, while Wang has a tenure of 3 years and 332 days with a total fund asset scale of 422 million CNY [2]

每经AI快讯，9月23日，科博达涨7.82%，报94.45元/股，股价再创新高，总市值突破381.44亿元，成交 额达9.59亿元。 （文章来源：每日经济新闻） ...

证券代码：603786 证券简称：科博达 公告编号：2025-056 关于完成工商变更登记的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 科博达技术股份有限公司（以下简称"公司"）于2025年6月25日召开第三届董事会第十七次会议审议通 过了《关于减少注册资本暨修订〈公司章程〉的议案》。因公司2022年限制性股票激励计划中1名激励 对象由于个人原因离职已不再具备激励资格，1名激励对象业绩考核部分达标，上述激励对象已获授予 但尚未解除限售的合计2,600股限制性股票由公司回购注销。具体内容详见公司于2025年6月26日在上海 证券交易所网站（www.sse.com.cn）披露的《科博达技术股份有限公司关于减少注册资本暨修订〈公司 章程〉的公告》（公告编号：2025-038）。 特此公告。 科博达技术股份有限公司董事会 科博达技术股份有限公司 2025年9月23日 公司于2025年8月28日完成上述部分限制性股票的回购注销。根据中国证券登记结算有限公司上海分公 司提供的《证券变更登记证明》，公司总股本由403,859,30 ...

（文章来源：证券日报） 证券日报网讯 9月22日晚间，科博达发布公告称，公司于2025年6月25日召开第三届董事会第十七次会 议审议通过了《关于减少注册资本暨修订的议案》。因公司2022年限制性股票激励计划中1名激励对象 由于个人原因离职已不再具备激励资格，1名激励对象业绩考核部分达标，上述激励对象已获授予但尚 未解除限售的合计2，600股限制性股票由公司回购注销。公司于2025年8月28日完成上述部分限制性股 票的回购注销。根据中国证券登记结算有限公司上海分公司提供的《证券变更登记证明》，公司总股本 由403，859，300股减少至403，856，700股，公司注册资本由人民币403，859，300元变更为人民币 403，856，700元。公司已于近日完成上述事项的工商变更登记手续，并取得上海市市场监督管理局换 发的《营业执照》。 ...

证券代码：603786 证券简称：科博达 公告编号：2025-056 科博达技术股份有限公司 关于完成工商变更登记的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 科博达技术股份有限公司（以下简称"公司"）于 2025 年 6 月 25 日召开第三 届董事会第十七次会议审议通过了《关于减少注册资本暨修订<公司章程>的议 案》。因公司 2022 年限制性股票激励计划中 1 名激励对象由于个人原因离职已不 再具备激励资格，1 名激励对象业绩考核部分达标，上述激励对象已获授予但尚 未解除限售的合计 2,600 股限制性股票由公司回购注销。具体内容详见公司于 2025 年 6 月 26 日在上海证券交易所网站（www.sse.com.cn）披露的《科博达技 术股份有限公司关于减少注册资本暨修订<公司章程>的公告》（公告编号： 2025-038）。 公司于 2025 年 8 月 28 日完成上述部分限制性股票的回购注销。根据中国证 券登记结算有限公司上海分公司提供的《证券变更登记证明》，公司总股本由 403,859,300 股减少 ...

证券代码：603786 证券简称：科博达 公告编号：2025-055 科博达技术股份有限公司 关于召开 2025 年半年度业绩说明会的预告公告 （二） 会议召开地点：上证路演中心（http://roadshow.sseinfo.com/） 会议召开时间：2025 年 9 月 30 日 （星期二） 13:00-14:00 会议召开地点：上证路演中心（http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 投资者可于 2025 年 9 月 23 日 （星期二） 至 9 月 29 日 （星期一）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 keboda@keboda.com 进行提问。公司将在说明会上对投资者普遍关注的问题 进行回答。 科博达技术股份有限公司（以下简称"公司"）已于 2025 年 8 月 28 日发布公 司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 ...

Core Viewpoint - The establishment of L2 standards for intelligent connected vehicles will effectively regulate industry promotion, enhance consumer awareness, and positively impact automakers' development of intelligent driving technology [1][2]. Group 1: Regulatory Developments - The Ministry of Industry and Information Technology has initiated a public consultation phase for the "Safety Requirements for Intelligent Connected Vehicle Combination Driving Assistance Systems" [2]. - The requirements categorize combination driving assistance systems into basic single-lane, basic multi-lane, navigation, and parking assistance systems, providing clear functional specifications for L2 vehicles in various scenarios [2]. Group 2: Industry Impact - The L2 standard will promote hardware development in three dimensions: perception, execution, and control, thereby fostering industry growth [1][2]. - The requirements ensure a comprehensive safety process from research and development to testing and driver activation of L2 functions, including strict design operation conditions and multi-level verification schemes [2].

Investment Rating - The report suggests a focus on domestic strong alpha manufacturers such as BYD, Geely, and Xpeng, as well as companies involved in intelligent trends like Jianghuai Automobile and Seres, recommending companies like Li Auto, Kobot, Desay SV, and Jingwei Hengrun [2][3] Core Views - The automotive industry shows significant differentiation in mid-term reports, with the complete vehicle sector facing profit pressure due to intensified competition, while the parts sector exhibits positive signals driven by new business initiatives [3][4] - Investment should continue to focus on two main lines: technology (mainly intelligentization and robotics) and overseas expansion [3][4] Summary by Relevant Sections 1. Half-Year Report Summary - The automotive industry is experiencing notable differentiation in performance, with the complete vehicle sector under pressure from competition, while the parts sector shows positive signals due to new business initiatives [3] 2. Company Updates - **Sensata Group**: Actively expanding into robotics, low-altitude economy, and liquid cooling, with a dedicated team of 60-80 people [4] - **Kobot**: Expected to achieve revenue of 11-11.5 billion yuan and net profit of 1.45-1.5 billion yuan in the coming year, with strong growth potential in domain control [6] - **Fuda Co., Ltd.**: Recognized for its mature production processes in robotics, with a dual layout in screw and cycloidal gear reducers [7] - **Longsheng Technology**: Anticipates a turning point in the second half of the year, with significant value per vehicle for the Seres M7 [8] - **Baolong Technology**: Transitioning from automotive sensors to robotics, with a projected turning point in the third quarter [8] - **Jianghuai Automobile**: Transitioning to high-end intelligent vehicles, with projected revenue of 42.2 billion yuan in 2024 and a significant improvement in profitability expected with the launch of the high-end model [9][10] 3. Investment Recommendations - Focus on domestic strong alpha manufacturers and companies with strong performance growth, robotics layout, or overseas expansion capabilities [2][3] - Recommended companies include Fuyou Glass, New Spring Co., Ltd., Fuda Co., Ltd., and others, with a focus on Sensata Group and Top Group [2][3]