香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或 因倚賴該等內容而引致的任何損失承擔任何責任。 * SHANGHAI ELECTRIC GROUP COMPANY LIMITED 上海電氣集團股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：02727） 二零二五年中期業績 業績摘要 上海電氣集團股份有限公司（「本公司」）董事會（「董事會」）謹此宣佈本公司及其附屬 公司（「本集團」或「上海電氣」）截至二零二五年六月三十日止六個月（「報告期」）的 中期業績，該業績未經審核，但已經本公司審核委員會（「審核委員會」）審閱。本公司截 至二零二五年六月三十日止六個月中期業績根據中國企業會計準則編製。 - 1 - ► 二零二五年上半年營業總收入為人民幣543.03億元，較上年同期上升8.9% ► 二零二五年上半年股東應占利潤為人民幣8.21億元，較上年同期上升7.3% ► 二零二五年上半年基本每股收益人民幣0.053元，較上年同期上升8.2% ► 二零二五年上半年新增訂單人民幣1,098. ...

Core Viewpoint - Shanghai Electric Group Co., Ltd. held its 114th board meeting, where several key resolutions were passed regarding ESG committee changes, impairment provisions, and financial strategies for the upcoming period [1][2][3]. Group 1: ESG Management Committee Changes - Mr. Wei Xudong was elected as a member of the company's ESG Management Committee, replacing Mr. Jia Tinggang, with the term lasting until the current senior management's term ends [1]. Group 2: Impairment Provisions - The company approved a credit impairment loss provision of RMB 1,145.40 million for the first half of 2025, with a reversal of RMB 365.14 million. Additionally, an asset impairment loss provision of RMB 400.59 million was approved, with a reversal of RMB 236.65 million [1][2]. Group 3: Financial Strategies - The company agreed to provide a guarantee for its subsidiary, Shanghai Jiyou (Hong Kong) Investment Management Co., Ltd., for bank loans up to €90 million (approximately RMB 810 million), with a guarantee period not exceeding three years [2][3]. - The company plans to apply for the registration and issuance of debt financing instruments totaling RMB 10 billion, with a validity period of two years, to replace existing debts and for other approved uses [3][5]. - The board authorized the financial director to manage the issuance process, including determining the specifics of the debt instruments and handling related agreements and disclosures [5][6]. Group 4: Shareholder Meeting - The company approved the convening of the second extraordinary general meeting of 2025, with the board secretary responsible for the announcement and related arrangements [6].

转自：智通财经 【上海电气2025年上半年经营业绩全面提升，新增订单超千亿，机器人产业链初步构建完成】智通财经 8月29日电，上海电气发布2025年中期业绩报告，2025年上半年呈现稳健向上发展态势。报告期内，公 司营业收入达 543.03 亿元，同比增长 8.99%，市场份额持续扩大；归属于上市公司股东的净利润 8.21 亿元，增幅 7.32%，扣除非经常性损益后的净利润大幅增长 122.89% 至 5.46 亿元。新增订单表现突 出，上半年实现新增订单人民币1,098.1亿元，同比增长31%。上海电气推动战略性新兴产业和未来产业 发展，初步构建起涵盖工业机器人、特种机器人、智能机器人、人型机器人等细分领域的产业链，已开 展商业化应用测试。2025年上半年上海电气经营业绩全面提升，新增订单居于高位，科技发展动能强 劲，增长引擎全面起势。 ...

证券代码：601727 证券简称：上海电气 编号：临 2025-049 上海电气集团股份有限公司 董事会五届一百一十四次会议决议公告 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。 上海电气集团股份有限公司（以下简称"公司"）于 2025 年 8 月 29 日在上海市四川中路 110 号公司会议室以现场结合通讯方式召开 了公司董事会五届一百一十四次会议。应参加本次会议的董事 8 人， 实际参加会议的董事 8 人。本次会议由吴磊董事长主持，公司部分高 级管理人员列席了本次会议。会议符合有关法律、行政法规、部门规 章、规范性文件和《公司章程》的规定。会议审议并通过以下决议： 一、关于公司 ESG 管理委员会委员变动的议案 同意选举卫旭东先生担任公司 ESG 管理委员会委员，任期自董 事会审议通过之日起至本届高级管理人员履职届满之日止。贾廷纲先 生不再担任公司 ESG 管理委员会委员。 表决结果：8 票同意，0 票反对，0 票弃权。 表决结果：8 票同意，0 票反对，0 票弃权。 二、关于公司 2025 年上半年计提减值准备的议案 ...

Financial Performance - Total operating revenue for the first half of 2025 reached CNY 54,303,335 thousand, an increase of 8.89% compared to CNY 49,868,517 thousand in the same period last year[17]. - Net profit attributable to shareholders was CNY 820,752 thousand, reflecting a growth of 7.32% from CNY 764,798 thousand year-on-year[17]. - Basic earnings per share rose to CNY 0.053, an increase of 8.16% from CNY 0.049 in the same period last year[18]. - The weighted average return on equity increased to 1.53%, up by 0.16 percentage points from 1.37% year-on-year[18]. - The company achieved total revenue of RMB 54.303 billion, an increase of 8.9% year-on-year[33]. - The gross profit margin for the reporting period was 19.0%[33]. - New orders totaled RMB 109.81 billion, with energy equipment orders at RMB 60.04 billion and industrial equipment orders at RMB 22.82 billion[33]. Cash Flow and Assets - The company reported a significant increase in net cash flow from operating activities, amounting to CNY 1,568,155 thousand, compared to a negative cash flow of CNY -240,739 thousand in the previous year[17]. - The company’s cash flow from operating activities showed a net increase to RMB 1.568 billion, a significant improvement from a net outflow of RMB -240,739 in the first half of 2024[152]. - The company’s total assets include RMB 3.7873 billion in cash and cash equivalents, representing 12.10% of total assets, an increase of 16.29% from the previous year[67]. - The total amount of financial assets measured at fair value at the end of the period was RMB 19,274,910 thousand, reflecting various changes in value during the reporting period[73]. - The company’s total assets amounted to RMB 312,900,090 thousand, an increase from RMB 302,504,988 thousand as of December 31, 2024, reflecting a growth of approximately 1.46%[139]. Market Expansion and Strategic Initiatives - The company is actively pursuing market expansion and has completed the acquisition of 100% equity in Shanghai Ningsheng Industrial Co., Ltd. from its controlling shareholder[18]. - The company is actively developing new energy equipment such as "wind-solar-storage-hydrogen" solutions to align with the national "dual carbon" strategy[32]. - The company is focusing on the integration of digital technologies to enhance automation and intelligence across its operations[37]. - The company is committed to providing comprehensive lifecycle services for high-end equipment, reinforcing its market position in industrial automation[25]. - The company is exploring new coal power low-carbon transformation directions, including biomass co-firing and carbon capture technologies[30]. Risks and Challenges - The company faces significant risks including market fluctuations, raw material price volatility, and foreign exchange risks, which are detailed in the management discussion section[4]. - The company is facing pressures on overseas projects due to rising labor and material costs, influenced by macroeconomic conditions and geopolitical uncertainties[79]. - The company plans to strengthen its foreign exchange risk management by increasing the use of hedging tools and expanding cross-border trade settlements in RMB to control costs and mitigate adverse effects from currency fluctuations[80]. Research and Development - Research and development expenses rose to CNY 2,545,795, compared to CNY 2,327,462, marking a 9.4% increase year-over-year[147]. - The company is focusing on high-level technological self-reliance and innovation, collaborating with top universities to enhance its research and development capabilities[41]. - The company has successfully launched a "1.1MW/10.8MWh multi-energy thermal storage green steam system," marking a significant breakthrough in multi-energy storage technology for industrial low-carbon transformation[39]. Corporate Governance and Commitments - The controlling shareholder, Electric Holdings, committed to ensuring the independence of the company in personnel, assets, finance, and operations since 2015[89]. - Electric Holdings promised to avoid competition with the company, ensuring complete separation in business, assets, personnel, and finance since 2008[89]. - The company has received assurances from Electric Holdings regarding the clarity of asset ownership in land and equity assets since 2016[89]. - The company guarantees that the prospectus submitted for Electric Wind Power's IPO does not contain false records or misleading statements, and it will bear legal responsibility for its accuracy[90]. Shareholder Information - The largest shareholder, Shanghai Electric Holding Group Co., Ltd., holds 6,400,435,385 shares, representing 41.08% of the total shares[130]. - The total number of ordinary shareholders as of the end of the reporting period was 704,385[128]. - The company has not reported any significant changes in its share capital structure during the reporting period[125]. Financial Instruments and Accounting Policies - The company continues to adhere to the accounting standards set by the Ministry of Finance, ensuring accurate financial reporting[167]. - The financial statements are prepared on a going concern basis, indicating the company's ongoing operational viability[169]. - Significant impairment provisions for accounts receivable are recognized when they exceed 2.0% of the total original value of accounts receivable and contract assets[174].

证券代码：601727 证券简称：上海电气 公告编号：临 2025-051 上海电气集团股份有限公司 关于控股子公司提供对外担保的公告 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。 重要内容提示： | | 被担保人名称 | | 上海集优（香港）投资管理有限公司 | | --- | --- | --- | --- | | | 本次担保金额 | 9,000 | 万欧元（折合约人民币 万元） 81,000 | | 担保 对象 | 实际为其提供的担保余额 | 9,125 万欧元 | | | | 是否在前期预计额度内 | □是 否 | □不适用 | | | 本次担保是否有反担保 | □是 否 | □不适用 | 2025 年 8 月 29 日，公司董事会五届一百一十四次会议审议通过 《关于上海集优（香港）投资管理有限公司申请不超过 9,000 万欧元 借款担保的议案》。 鉴于集优香港资产负债率超过 70%，本次担保事项尚须提交公司 股东会审议。 | 担保 | | | 被担保 方最近 | 截至 | | 担保额 度占上 | 担保 | 是 ...

证券代码：601727 证券简称：上海电气 编号：临 2025-052 上海电气集团股份有限公司 关于召开2025年半年度业绩说明会的公告 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。 重要内容提示： （网址：https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 上海电气集团股份有限公司（以下简称"公司"）于2025年8月 30日披露公司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年上半年的经营成果、财务状况，公司计划于2025年9月 10日举行2025年半年度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对2025年上半 年经营成果及财务指标的具体情况与投资者进行互动交流和沟通，在 信息披露允许的范围内就投资者普遍关注的问题进行回答。 二、说明会召开的时间、地点 会议召开时间：2025年9月10日（星期三）15:00至16:00 会议召开地点：上海证券交易所上证路演中心 （二）会议召开地点：上证路演中 ...

上海电气集团股份有限公司 关于 2025 年上半年对上海电气集团财务有限 责任公司的风险持续评估报告 根据《上海证券交易所上市公司自律监管指引第 5 号——交易与 关联交易》的规定，上海电气集团股份有限公司（以下简称"公司"） 结合上海电气集团财务有限责任公司（以下简称"财务公司"）提供的 《金融许可证》、《营业执照》等有关证件资料，并审阅包括资产负债 表、利润表、现金流量表等在内的财务公司的定期财务报告，对财务 公司的经营资质、业务和风险状况进行了评估。具体情况报告如下： 一、财务公司基本情况 名称：上海电气集团财务有限责任公司 法定代表人：冯淳林 注册资本：人民币 30 亿元 股东结构（截至 2025 年 6 月 30 日）： | | 股东名称 | 持股比例 | | --- | --- | --- | | 1 | 上海电气集团股份有限公司 | 74.625% | | 2 | 上海电气香港有限公司 | 8% | | 3 | 上海电气控股集团有限公司 | 5% | | 4 | 上海电气集团香港有限公司（注） | 4.75% | | 5 | 上海机电股份有限公司 | 2.625% | | 6 | 上海汽轮机厂有 ...

证券代码：601727 证券简称：上海电气 编号：临 2025-050 上海电气集团股份有限公司 关于计提减值准备的公告 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。 2025 年 8 月 29 日，上海电气集团股份有限公司（以下简称"公 司"或"本公司"）董事会五届一百一十四次会议审议通过《关于公 司 2025 年上半年计提减值准备的议案》，具体情况如下： 一、计提减值准备情况概述 为客观、公允地反映公司 2025 年上半年财务状况和经营状况， 按照《企业会计准则》的相关规定，公司对截至 2025 年 6 月 30 日的 各类资产进行了减值测试，对存在减值迹象的资产计提减值准备。公 司 2025 年上半年对信用减值损失计提金额人民币 114,540 万元，转 回金额人民币 36,514 万元；对资产减值准备计提损失金额人民币 40,059 万元，转回金额人民币 23,665 万元。综上，公司 2025 年上半 年计提减值准备对公司本期税前利润影响净额为减少人民币 94,420 万元。 二、计提减值准备相关说明 1、信用减值 ...

Group 1 - The core viewpoint of the news is that Shanghai Electric has experienced fluctuations in its stock price and trading volume, with a recent decline of 2.00% on August 29, 2023, and a total market capitalization of 136.91 billion yuan [1] - As of March 31, 2025, Shanghai Electric reported a revenue of 22.245 billion yuan, representing a year-on-year growth of 8.06%, and a net profit attributable to shareholders of 292 million yuan, showing a significant increase of 813.18% [2] - The company has a diverse revenue structure, with 77.23% from product sales, 10.01% from service provision, 7.55% from engineering construction, and 5.21% from other sources [1] Group 2 - Shanghai Electric has cumulatively distributed 9.973 billion yuan in dividends since its A-share listing, but has not paid any dividends in the last three years [3] - As of March 31, 2025, the number of shareholders decreased by 6.38% to 754,900, with the average circulating shares per person remaining at 0 [2][3] - The company is categorized under the power equipment industry, specifically in the comprehensive power equipment sector, and is involved in various concept sectors including solar thermal power generation and new energy vehicles [1]