Core Viewpoint - Mingxin Xuteng (605068.SH) is advancing the research and industrialization of bionic electronic skin, lightweight materials, and robotic dexterous hands, leveraging its technological accumulation in automotive functional materials [1] Group 1: Business Development - The new business initiatives are currently in the early stages of technology research, sample testing, and market development [1] - There is significant uncertainty regarding the company's ability to secure orders, as well as the technical solutions, mass production pace, and scale of these products [1] Group 2: Investor Advisory - The company emphasizes the importance of rational investment and risk prevention for investors [1]

Core Viewpoint - The company is strategically expanding into the robotics sector by establishing subsidiaries and joint ventures focused on key areas such as bionic perception, lightweight material applications, and robotic dexterous hands [1] Group 1: Company Developments - The company has recently established a wholly-owned subsidiary, Mingxin Zhiyuan (Zhejiang) New Material Technology Co., Ltd., and joint ventures Mingxin Zhida (Zhejiang) Technology Co., Ltd. and Xuqing Lingdong (Shanghai) Embodied Intelligence Technology Co., Ltd. to systematically enter the robotics market [1] - The new products, including flexible sensors and flexible robotic coverings, are currently in the early investment stage, primarily collaborating with clients for development and prototyping, indicating a significant distance to substantial mass production and considerable uncertainty [1] Group 2: Strategic Objectives - The company's layout aims to systematically build a solution capability covering key materials and components for robotics while controlling risks through a light asset operation model [1] - The ultimate goal is to achieve a technological ecosystem that integrates multiple application scenarios of "automobiles + robotics + X" [1]

Core Viewpoint - Mingxin Xuteng (605068.SH) is advancing its research and industrialization in biomimetic electronic skin, lightweight materials, and robotic dexterous hands, leveraging its technological accumulation in automotive functional materials [1] Group 1: Business Development - The new business initiatives are currently in the early stages of technology research, sample testing, and market development [1] - There is significant uncertainty regarding the company's ability to secure orders, as well as the technical solutions, mass production pace, and scale of these products [1] Group 2: Investor Advisory - The company emphasizes the importance of rational investment and risk prevention for investors [1]

Core Viewpoint - Mingxin Xuteng has reported that there have been no significant changes in the customer structure of its main business as of now [2] Group 1: Customer Collaboration - The company's products are currently supplied to major automotive manufacturers including FAW-Volkswagen, SAIC-GM, BYD, NIO, Li Auto, Xpeng, Mercedes-Benz, BMW, Audi, Seres, Changan, Geely, Chery, and Leap Motor [2] - The collaboration with core customers continues to deepen, indicating a strong and stable partnership with leading automotive brands [2]

证券代码：605068 证券简称：明新旭腾 公告编号：2026-012 转债代码：111004 转债简称：明新转债 明新旭腾新材料股份有限公司 关于使用部分闲置募集资金进行现金管理 的进展公告 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。 重要内容提示： 一、现金管理概况 （一）现金管理目的 为提高闲置资金使用效率、降低财务费用、增加股东回报，在确保不影响募 集资金投资项目建设和公司正常经营的前提下，合理利用部分闲置募集资金进行 现金管理，可以增加现金资产收益，为公司及股东获取良好的投资回报。 （二）现金管理金额：7,000 万元 （三）资金来源 现金管理种类：广发银行结构性存款 现金管理金额：7,000 万元 已履行的审议程序：公司于 2025 年 4 月 18 日召开了第四届董事会第三次 会议及第四届监事会第三次会议，审议通过了《关于使用闲置募集资金进 行现金管理的议案》，上述议案已经公司 2024 年年度股东大会审议通过。 特别风险提示：尽管本次公司进行现金管理购买了低风险、流动性好的产 品，属于低风险投资产品，但金融 ...

Financial Performance - Mingxin Xuteng expects a net profit loss attributable to shareholders of the parent company between -130 million and -90 million CNY for 2025[2]. - The company anticipates a net profit loss excluding non-recurring gains and losses between -155 million and -115 million CNY for 2025[2]. - The decline in gross margin is attributed to intensified price competition in the automotive industry and changes in product structure[2]. - The company plans to recognize asset impairment provisions of 50.2 million to 61.5 million CNY, which is expected to reduce total profit by the same amount[3]. - The company is facing pressure on sales gross margin and limited cost transfer capabilities as an automotive parts supplier[3]. Investment and Expansion - The company is investing in the construction of a factory in Mexico and expanding overseas markets, leading to increased expenses[2]. Credit Rating and Financial Condition - The current credit rating for Mingxin Xuteng is maintained at AA- with a stable outlook[3]. - The company’s financial condition is under close observation, particularly regarding profitability and cash flow from operating activities[3]. - The rating model scores indicate a business condition score of 4/7 and a financial condition score of 6/9[6]. - The overall credit rating for the company is AA, reflecting its current operational and financial status[6].

Core Viewpoint - The company expects a net loss attributable to shareholders of the parent company between 130 million yuan and 90 million yuan for 2025, primarily due to intensified price competition in the automotive industry, changes in product structure, declining gross margins, and increased expenses from the construction of a factory in Mexico and market expansion [1] Financial Performance - The net profit attributable to shareholders, excluding non-recurring gains and losses, is projected to be between 155 million yuan and 115 million yuan in the negative [1] - The company plans to make provisions for credit and asset impairment ranging from 50.2 million yuan to 61.5 million yuan, which is expected to reduce total profit by the same amount [1]

证券日报网讯1月29日，明新旭腾（605068）在互动平台回答投资者提问时表示，公司已根据相关法规 规定在定期报告等文件中披露了主要业务、经营模式、主营业务分地区情况等信息，具体请以公司及相 关主体公开披露信息为准。 ...

到期赎回的进展公告 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。 重要内容提示： 现金管理种类：广发银行股份有限公司结构性存款 本次赎回金额：8,000 万元人民币 已履行的审议程序：公司于 2025 年 4 月 18 日召开了第四届董事会第三 次会议及第四届监事会第三次会议，审议通过了《关于使用闲置募集资金进行现 金管理的议案》，上述议案已经公司 2024 年年度股东大会审议通过。 证券代码：605068 证券简称：明新旭腾 公告编号：2026-011 转债代码：111004 转债简称：明新转债 明新旭腾新材料股份有限公司 关于使用部分闲置募集资金进行现金管理 二、本次使用部分闲置募集资金购买理财产品到期赎回的情况 上述理财产品于 2026 年 1 月 26 日到期，公司于当日收回上述理财的本金 8,000 万元人民币，已获得理财收益 233,935.34 元人民币。上述已收回的理财 产品本金及收益已及时归还至募集资金专户。 | 产品名称 | | | 受托人名 | 产品金 | 起息 | 到期 | 预期年化收益 | 赎回金 ...

Group 1 - The company Mingxin Xuteng (605068.SH) has forecasted a net loss for the year 2025, estimating a loss of between 130 million yuan and 90 million yuan attributable to the parent company [1] - For the year 2024, the company reported an operating revenue of 1.179 billion yuan, representing a year-on-year increase of 30.21%, but a net profit attributable to shareholders of the listed company was a loss of 172 million yuan, a decrease of 412.54% [1] - The net cash flow from operating activities for 2024 was 14.42 million yuan, down 74.82% year-on-year [1] Group 2 - The company raised a total of 962 million yuan from its initial public offering, with a net amount of 872 million yuan after deducting issuance costs, which were allocated to various projects including the upgrade of leather production and R&D center construction [2] - The issuance costs for the initial public offering amounted to 89.55 million yuan, with underwriting fees of 58.05 million yuan [2] Group 3 - In 2022, the company issued convertible bonds, raising 673 million yuan, with a net amount of 666.94 million yuan after deducting underwriting fees and other related costs [3] - The total amount raised from the two fundraising activities is 1.635 billion yuan [3]