Financial Performance - Net profit attributable to shareholders decreased by 83.48% to CNY 3,860,450.61 compared to the same period last year[11] - Operating income rose by 21.44% to CNY 144,831,816.96 compared to the same period last year[11] - The net profit for Q1 2025 was CNY 30,719.40, a significant decrease from CNY 21,258,289.05 in Q1 2024[44] - Operating revenue for Q1 2025 was CNY 51,253,200.38, compared to CNY 75,210,057.45 in Q1 2024, indicating a decline[44] - The total profit for Q1 2025 was CNY 477,573.94, down from CNY 24,210,131.89 in Q1 2024[44] - The company reported a basic and diluted earnings per share of CNY 0.03 for Q1 2025, compared to CNY 0.23 in Q1 2024[42] Cash Flow - Cash flow from operating activities showed a negative net flow of CNY -14,590,801.65, a decrease of 136.06% compared to the same period last year[14] - The cash inflow from operating activities in Q1 2025 was CNY 104,960,007.35, down from CNY 147,795,892.17 in Q1 2024[46] - The cash outflow from operating activities in Q1 2025 was CNY 119,550,809.00, compared to CNY 107,332,976.44 in Q1 2024[46] - The net cash flow from operating activities was -4,908,655.67 yuan for Q1 2025, compared to 39,582,324.30 yuan in Q1 2024, indicating a significant decline[49] - Total cash inflow from financing activities reached 155,861,200.00 yuan in Q1 2025, a substantial increase from 15,000,000.00 yuan in Q1 2024[50] - The net cash flow from financing activities was 139,568,931.79 yuan in Q1 2025, compared to 414,570.12 yuan in Q1 2024, showing a strong improvement[50] - The net cash flow from investment activities was -40,295,962.50 yuan in Q1 2025, slightly worse than -39,794,469.33 yuan in Q1 2024[50] Assets and Liabilities - Total assets increased by 13.15% to CNY 915,479,712.69 compared to the end of last year[11] - The company's debt-to-asset ratio decreased from 55.07% to 47.57%[11] - Total liabilities decreased to ¥435,449,919.56 from ¥445,581,980.30, a reduction of about 2.5%[36] - Current assets totaled ¥379,459,572.90, compared to ¥276,645,263.39 at the end of 2024, indicating a growth of about 37.2%[34] - Fixed assets rose to ¥464,336,177.70 from ¥437,425,766.70, reflecting an increase of approximately 6.1%[35] - The company has pledged assets totaling ¥216,304,099.93, which accounts for 23.63% of total assets[30] Shareholder Information - The total number of ordinary shares increased from 100,000,000 to 123,000,000, with a significant increase in restricted shares from 95,712,250 to 99,712,250, representing 81.07% of total shares[19] - The largest shareholder, Zhou Hong, holds 51,852,875 shares, accounting for 42.16% of the total shares[20] - The number of ordinary shareholders increased to 5,752 during the reporting period[19] - The company has not engaged in any share buyback activities during the reporting period[24] Guarantees and Commitments - The company provided guarantees totaling 7,000,000.00 from September 23, 2022, to September 23, 2025, which have not yet been fulfilled[28] - A guarantee of 500,000.00 was fulfilled on March 21, 2025, provided by the same parties[28] - The company has a total of 14,100,000.00 in guarantees that are not yet fulfilled, starting from November 4, 2022, to November 4, 2025[28] - Guarantees amounting to 63,798,566.66 are recorded, with a significant portion still outstanding[27] - The company has multiple guarantees with varying amounts, including 3,000,000.00 and 6,000,000.00, which are not yet fulfilled[28] Expenses - Management expenses increased by 81.30% to CNY 7,840,550.74, primarily due to expenses related to the Thai subsidiary's production preparations[13] - Research and development expenses for Q1 2025 were ¥7,291,708.31, down from ¥10,153,811.04 in Q1 2024, indicating a decrease of about 28.3%[40] - The company incurred credit impairment losses of CNY 1,464,594.47 in Q1 2025, compared to a gain of CNY 166,069.25 in Q1 2024[44] - Other income for Q1 2025 was CNY 1,217,642.35, significantly lower than CNY 5,380,610.04 in Q1 2024[44] Government Subsidies and Non-Recurring Gains - Government subsidies recognized in the current profit and loss amounted to ¥46,213.05 million, which are closely related to the company's normal business operations[16] - The total non-recurring gains and losses for the period reached ¥53,062.18 million, with a net amount of ¥45,102.85 million after tax effects[17]

Financial Performance - The company's operating revenue for 2024 reached ¥462,903,179.20, representing a 32.09% increase compared to ¥350,444,811.19 in 2023[23] - The net profit attributable to shareholders for 2024 was ¥65,442,415.25, a 34.32% increase from ¥48,719,943.48 in 2023[23] - The weighted average return on equity based on net profit attributable to shareholders was 20.01% in 2024, up from 18.43% in 2023[23] - The basic earnings per share increased to ¥0.65 in 2024, a 32.65% rise from ¥0.49 in 2023[23] - The company reported a net profit growth rate of 34.32% in 2024, compared to 82.77% in 2023[24] - The gross profit margin decreased to 30.07% in 2024 from 33.09% in 2023, indicating a decline in profitability despite increased revenue[51] - Operating costs rose by 38.06% to ¥323,725,175.37 in 2024, primarily due to the increase in operating revenue[51] Assets and Liabilities - The total assets increased by 74.38% to ¥809,062,292.91 at the end of 2024, up from ¥463,956,155.61 in 2023[24] - The company's total liabilities rose by 157.20% to ¥445,581,980.30, compared to ¥173,244,527.79 in 2023[24] - The company's total equity attributable to shareholders increased by 25.03% to ¥363,480,312.61 in 2024, compared to ¥290,711,627.82 in 2023[24] - The current ratio decreased by 53.57% to 0.78 in 2024, down from 1.68 in 2023[24] Cash Flow - The company's cash flow from operating activities improved significantly, reaching ¥113,008,060.61, a 62.50% increase from ¥69,542,826.36 in 2023[24] - The net cash flow from operating activities increased by 62.50% compared to the same period last year, primarily due to the discounting of customer notes for production needs[68] - The net cash flow from investing activities decreased by 894.16% year-on-year, mainly due to the construction of a factory and the purchase of machinery by the subsidiary in Thailand[68] - The net cash flow from financing activities increased by 458.08% compared to the previous year, primarily due to an increase in bank loans[68] Research and Development - The company holds a total of 81 patents, including 9 invention patents and 72 utility model patents[32] - Research and development expenses rose by 25.29% to ¥34,840,648.85, reflecting the company's commitment to innovation[51] - R&D expenditure for the current period amounted to ¥34,840,648.85, representing 7.53% of operating revenue, a decrease from 7.93% in the previous period[79] - The total number of patents owned by the company increased to 81 from 69 in the previous period, with invention patents rising to 9 from 7[82] Market and Industry Trends - In 2024, China's air conditioning production reached 19.508 million units, a year-on-year increase of 19.5%, while total sales reached 18.977 million units, up 20.9%[38] - Domestic sales amounted to 9.652 million units, reflecting a growth of 6.6%, while exports surged to 9.326 million units, marking a significant increase of 40.4%[39] - The air conditioning market in China is highly competitive, with leading brands like Midea, Gree, and Haier maintaining market share, while emerging brands like Xiaomi are rapidly gaining traction due to cost-effectiveness and smart features[94] - The integration of IoT and AI technologies is driving the development of smart air conditioners, enhancing user experience and energy efficiency through features like remote control and automatic adjustments based on environmental factors[95][96] Strategic Initiatives - The company plans to focus on enhancing air conditioning efficiency and developing heat exchanger products compatible with new environmentally friendly refrigerants[35] - The company aims to deepen its technology in core components for home appliances and expand into the smart home sector[35] - The company is committed to product innovation, targeting the development of next-generation heat exchangers that meet international energy efficiency standards, particularly in the green appliance market[104] - The company is exploring potential acquisitions to further strengthen its market position, with a budget of 8,000,000.00 set aside for this purpose[124] Governance and Compliance - The company has established a sound governance mechanism ensuring all shareholders enjoy equal rights and legal protections[168] - The company’s governance practices comply with relevant laws and regulations, ensuring proper decision-making processes[169] - The company has conducted a self-assessment of its internal controls for the year 2023[172] - The audit report for the fiscal year 2024 was issued with no reservations, confirming the fair presentation of the financial statements[194] Risks and Challenges - The company faces risks related to high dependency on Midea Group and potential market competition from other appliance parts manufacturers[108] - The company has not identified any significant uncertainties affecting its future development[107] - The company has not reported any significant changes in major risks during the reporting period[109] Employee and Management - The company has a total of 1,212 employees at the end of the reporting period, an increase of 551 employees from the beginning of the period[158] - The management personnel increased from 43 to 93, while production personnel rose from 449 to 871[158] - The company has not experienced any changes in the positions of chairman, general manager, or independent directors during the reporting period[155] Shareholder Information - The controlling shareholder, Zhou Hong, holds 51,852,875 shares, representing 51.85% of the total share capital[140] - The top ten shareholders collectively hold 97,109,150 shares, which is 97.11% of the total share capital[137] - There are no pledges or judicial freezes on shares held by shareholders with more than 5% ownership[138]

前十大流通股东累计持有： 139.74万股，累计占流通股比： 32.59%，较上期变化： -1103.39万股。 | 名称 | 持有数量(万股) | 占总股本比例(%) | 增减情况(万股) | | --- | --- | --- | --- | | 赵汉钢 | 75.00 | 17.49 | 不变 | | 侯玉莲 | | | | | | 64.74 | 15.10 | 不变 | | | 较上个报告期退出前十大股东有 | | | | 李诗琪 | 542.45 | 35.40 | 退出 | | 袁中宇 | 264.38 | 17.26 | 退出 | | 杜建平 | 252.50 | 16.48 | 退出 | | 袁兴理 | 44.06 | 2.88 | 退出 | 三、分红送配方案情况 10送4股派1.07元(含税) 一、主要会计数据和财务指标 | 报告期指标 | 2024年年报 | 2023年年报 | 本年比上年增减(%) | 2022年年报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | 0.6500 | 0.4900 | 32.65 | 0.6700 | | ...

（一）信息披露义务人基本情况 证券代码：920108 证券简称：宏海科技 公告编号：2025-020 武汉宏海科技股份有限公司 关于控股股东、实际控制人、持股 5%以上股东持股比例被动稀释 的权益变动公告 本公司及董事会全体成员保证公告内容的真实、准确和完整， 没有虚假记 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 别及连带法律责任。 武汉宏海科技股份有限公司（以下简称"公司"）向不特定合格投资者公 开发行股票并在北京证券交易所上市（以下简称"本次发行"）超额配售选择 权已于2025年3月7日行使完毕。新增发行股票数量300.00万股，并于2025年3月 13日完成股份登记，导致公司控股股东、实控人、持股5%以上股东周宏及其一 致行动人股份比例从59.07%减少至57.63%，权益变动触及1%的情形。现将其有 关权益变动情况公告如下： 一、本次权益变动基本情况 1、基本情况 | 信息披露义务人 | 名称 | | 持股变动时间 | | | --- | --- | --- | --- | --- | | | 武汉宏海科技股份有限公司 | | 2025年3月13日 | | | 股票简称 ...

证券代码：920108 证券简称：宏海科技 公告编号：2025-019 武汉宏海科技股份有限公司 关于超额配售选择权实施结果的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假 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 担个别及连带法律责任。 一、超额配售选择权实施情况 武汉宏海科技股份有限公司（以下简称"宏海科技"、"发行人"或"公 司"）向不特定合格投资者公开发行股票并在北京证券交易所上市（以下简称 "本次发行"）超额配售选择权已于 2025 年 3 月 7 日行使完毕。中信建投证券 股份有限公司（以下简称"中信建投证券"、"保荐机构（主承销商）"）担 任本次发行的保荐机构、主承销商，为本次发行具体实施超额配售选择权操作 的获授权主承销商（以下简称"获授权主承销商"）。 在北京证券交易所上市之日起 30 个自然日内，中信建投证券作为本次发行 的获授权主承销商，未利用本次发行超额配售所获得的资金以竞价交易方式从 二级市场买入本次发行的股票。公司按照本次发行价格 5.57 元/股，在初始发行 规模 2,000.00 万股的基础上新增发行股票数量 300.00 万股， ...

证券代码：920108 证券简称：宏海科技 公告编号：2025-018 武汉宏海科技股份有限公司 关于签署募集资金专户存储三方监管协议的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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 带法律责任。 一、募集资金情况概述 武汉宏海科技股份有限公司（以下简称"公司"）向不特定合格投资者公开发 行股票并在北京证券交易所上市申请已于2024年11月29日经北京证券交易所上市 委员会审核通过，并于2025年1月10日收到中国证券监督管理委员会于2025年1月7 日出具的《关于同意武汉宏海科技股份有限公司向不特定合格投资者公开发行股 票注册的批复》（证监许可[2025]31号）。 公司本次公开发行股票2000.00万股（超额配售选择权行使前），每股发行价 格为人民币5.57元，募集资金总额为人民币111,400,000.00元（超额配售选择权行 使前），扣除不含税的发行费用人民币18,491,392.35元（超额配售选择权行使前）， 实际募集资金净额为人民币92,908,607.65元（超额配售选择权行使前）。募集资金 已 ...

证券代码：920108 证券简称：宏海科技 公告编号：2025-017 武汉宏海科技股份有限公司 超额配售选择权实施公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假 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 担个别及连带法律责任。 武汉宏海科技股份有限公司（以下简称"宏海科技"、"发行人"或"公 司"）向不特定合格投资者公开发行股票并在北京证券交易所上市（以下简称 "本次发行"）超额配售选择权已于 2025 年 3 月 7 日行使完毕。中信建投证券 股份有限公司（以下简称"中信建投证券"）担任本次发行的保荐机构（主承 销商），为具体实施超额配售选择权操作的获授权主承销商（以下简称"获授 权主承销商"）。 本次超额配售选择权的实施情况具体如下： 1 易方式从二级市场买入本次发行的股票。 宏海科技按照本次发行价格 5.57 元/股，在初始发行规模 2,000.00 万股的基 础上全额行使超额配售选择权新增发行股票数量 300.00 万股，由此发行总股数 扩大至 2,300.00 万股，发行人发行后的总股本增加至 12,300.00 万股，发行总股 数占发行后总股本的 ...

中信建投证券股份有限公司 关于武汉宏海科技股份有限公司 向不特定合格投资者公开发行股票并在北京证券交易所上市 超额配售选择权实施情况的核查意见 武汉宏海科技股份有限公司（以下简称"宏海科技""公司"或"发行人"） 向不特定合格投资者公开发行股票并在北京证券交易所上市（以下简称"本次发 行"）超额配售选择权已于 2025 年 3 月 7 日行使完毕。中信建投证券股份有限公 司（以下简称"中信建投证券"）担任本次发行的保荐机构及主承销商，为具体 实施超额配售选择权操作的获授权主承销商（以下简称"获授权主承销商"）。 中信建投证券就本次超额配售选择权的实施情况核查说明如下： 一、本次超额配售情况 根据《武汉宏海科技股份有限公司向不特定合格投资者公开发行股票并在北 京证券交易所上市发行公告》（以下简称"《发行公告》"）公布的超额配售选择权 机制，中信建投证券已按本次发行价格 5.57 元/股于 2025 年 1 月 17 日（T 日） 向网上投资者超额配售 300.00 万股，占初始发行股份数量的 15.00%。超额配售 股票全部通过向本次发行的战略投资者延期交付的方式获得。 二、超额配售选择权实施情况 宏海科技于 ...

关于武汉宏海科技股份有限公司 向不特定合格投资者公开发行股票 并在北京证券交易所上市 超额配售选择权实施情况的法律意见 北京市西城区金融街 19 号富凯大厦 B 座 12 层 电话：010-52682888 传真：010-52682999 邮编：100033 北京德恒律师事务所 北京德恒律师事务所 关于武汉宏海科技股份有限公司向不特定合格投资者 公开发行股票并在北京证券交易所上市超额配售选择权实施情况的法律意见 北京德恒律师事务所 关于武汉宏海科技股份有限公司 向不特定合格投资者公开发行股票 并在北京证券交易所上市 超额配售选择权实施情况的法律意见 德恒 01F20242018-05 号 致：中信建投证券股份有限公司 北京德恒律师事务所（以下简称"本所"）受中信建投证券股份有限公司（以 下简称"主承销商"、"保荐机构"、"中信建投"）委托，指派本所律师就主 承销商承担与组织的武汉宏海科技股份有限公司（以下简称"发行人"）向不特 定合格投资者公开发行股票并在北京证券交易所上市（以下简称"本次发行"） 进行全程见证，并依据《中华人民共和国证券法》《北京证券交易所向不特定合 格投资者公开发行股票注册管理办法》（中国 ...

Financial Performance - The company achieved operating revenue of ¥461,194,576.50, representing a year-on-year increase of 31.60%[3] - The total profit reached ¥74,842,430.97, up 31.20% compared to the previous year[3] - Net profit attributable to shareholders was ¥67,105,406.70, reflecting a growth of 37.74% year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥65,232,964.87, an increase of 46.32%[3] - Basic earnings per share rose to ¥0.67, a 36.73% increase from the previous year[3] Assets and Equity - Total assets at the end of the reporting period were ¥795,620,211.84, marking a 71.49% increase year-on-year[5] - Shareholders' equity attributable to the company was ¥365,005,665.65, up 25.56% from the beginning of the period[5] - The net asset value per share attributable to shareholders increased to ¥3.65, a rise of 25.43%[5] Growth Drivers - The growth in revenue was primarily driven by enhanced production capacity and expanded cooperation with strategic clients[6] - The increase in total assets was mainly due to investments in the construction of a factory and automation equipment for the subsidiary in Thailand[6]