证券代码：600173 证券简称：卧龙新能 公告编号：临 2025-080 卧龙新能源集团股份有限公司 股票交易风险提示公告 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： 1 卧龙新能源集团股份有限公司（以下简称"公司"）股票价格于 2025 年 9 月 5 日、9 月 8 日和 9 月 9 日连续三个交易日内收盘价格涨幅偏离值累计达 20%。根据《上 海证券交易所交易规则》的有关规定，属于股票交易异常波动情形。 公司于 2025 年 9 月 10 日披露了《卧龙新能股票交易异常波动公告》（公告编号： 临 2025-079）。2025 年 9 月 10 日，公司股票再次涨停，近期公司股票价格波动幅度 较大。 常波动情形。公司于2025年9月10日披露了《卧龙新能股票交易异常波动公告》（公 告编号：临2025-079）。2025年9月10日，公司股票再次涨停，近期公司股票价格波 动幅度较大。 截至本公告披露日，公司基本面未发生重大变化，目前生产经营情况正常，公司 郑重提醒广大投资者充分了解股票交易市场风险，切实 ...

Market Performance - On September 10, the real estate development sector rose by 0.44% compared to the previous trading day, with Shouke Co. leading the gains [1] - The Shanghai Composite Index closed at 3812.22, up 0.13%, while the Shenzhen Component Index closed at 12557.68, up 0.38% [1] Top Gainers in Real Estate Sector - Shouke Co. (600376) closed at 4.68, with a gain of 10.12% and a trading volume of 1.9874 million shares, amounting to a transaction value of 909 million yuan [1] - Suning Universal (000718) closed at 2.74, up 10.04%, with a trading volume of 1.5715 million shares [1] - Hezhan Energy (000809) closed at 3.64, gaining 9.97%, with a trading volume of 1.3357 million shares [1] - Wolong New Energy (600173) closed at 8.39, up 9.96%, with a trading volume of 1.4224 million shares [1] Other Notable Stocks - ST Rongkong (000668) closed at 9.77, with a gain of 5.05% [1] - ST Zhongdi (000609) closed at 4.82, up 4.56% [1] - Fuxing Co. (000926) closed at 3.32, gaining 3.75% [1] Market Capital Flow - The real estate development sector experienced a net outflow of 1.213 billion yuan from major funds, while retail investors saw a net inflow of 1.149 billion yuan [2] - Speculative funds had a net inflow of 64.198 million yuan [2]

Group 1 - The stock of Wolong New Energy has hit the daily limit up for three consecutive trading days, with a current price of 8.39 yuan and a turnover rate of 8.04% as of 9:35 AM [2] - During the consecutive limit-up period, the stock has increased by 32.96%, with a cumulative turnover rate of 24.57% [2] - The latest total market capitalization of the A-shares reached 5.877 billion yuan, with a circulating market capitalization of 5.876 billion yuan [2] Group 2 - The company reported a total operating revenue of 2.150 billion yuan for the first half of the year, representing a year-on-year growth of 36.38% [2] - The net profit for the same period was 82 million yuan, showing a year-on-year decline of 26.97% [2] - The stock has been featured on the Dragon and Tiger list due to a cumulative deviation of 20% in its price over three trading days [2]

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、股票交易异常波动具体情况 截至2025年9月9日，公司股票连续三个交易日内（2025年9月5日、9月8日和9月9 日）收盘价格涨幅偏离值累计达到20%。根据《上海证券交易所交易规则》的有关规 定，属于股票交易异常波动情形。 证券代码：600173 证券简称：卧龙新能 公告编号：临 2025-079 卧龙新能源集团股份有限公司 股票交易异常波动公告 二、公司关注并核实的相关情况 （一）生产经营情况 经公司自查，公司目前生产经营活动一切正常，市场环境、行业政策没有发生重 1 卧龙新能源集团股份有限公司（以下简称"公司"）股票价格于 2025 年 9 月 5 日、9 月 8 日和 9 月 9 日连续三个交易日内收盘价格涨幅偏离值累计达 20%。 根据《上海证券交易所交易规则》的有关规定，属于股票交易异常波动情形。 公司已于 2025 年 8 月 9 日披露《公司 2025 年半年度报告》。公司 2025 年 半年度实现营业收入 214,991.89 万元，同比上升 ...

Group 1 - A-shares and Hong Kong real estate stocks showed significant movements, with several stocks reaching their daily limit up, including Fuxing Co. and Wolong New Energy, while others like Shikang Co. and Vanke A also saw notable gains [1][2] - The Shenzhen municipal government and the People's Bank of China announced new real estate policies on September 5, which include relaxing purchase restrictions and adjusting mortgage rates, marking Shenzhen as the third first-tier city to implement such measures [2][3] - The market response to the new policies was positive, with increased viewing appointments and faster signing speeds reported by real estate agents, indicating a potential recovery in the housing market [3][4] Group 2 - The new policies in Shenzhen are considered more aggressive than those previously implemented in Beijing and Shanghai, primarily due to the deeper adjustments in Shenzhen's housing market and the ongoing decline in second-hand housing prices since May 2021 [3][4] - Following the new policies, there was a notable increase in transaction volumes in Beijing and Shanghai, suggesting that similar effects may be expected in Shenzhen, although the long-term impact will require further monitoring [4] - The overall improvement in real estate sales is contingent upon effective policies that enhance supply-demand structures, such as stock housing acquisition and urban village renovations [4]

Group 1 - The controlling shareholder of Wolong New Energy, Zhejiang Wolong Real Estate Investment Co., Ltd., holds approximately 314 million shares, accounting for 44.84% of the total share capital [1] - Before the release of the pledge, Wolong Real Estate had pledged a total of 60 million shares; after the release, the total pledged shares are 30 million, which is 9.55% of its holdings and 4.28% of the total share capital [1] - For the first half of 2025, the revenue composition of Wolong New Energy is as follows: mineral trading accounts for 67.33%, new energy for 16.55%, and real estate sales for 16.12% [1] Group 2 - The pet industry is experiencing significant growth, with a market size of 300 billion yuan, leading to a surge in stock prices for related companies [1]

资金流向方面，8月26日主力资金净流出406.53万元，占流通市值0.09%。近五个交易日主力资金累计净 流入677.72万元。 风险提示：以上内容仅供参考，不构成投资建议。股市有风险，投资需谨慎。 公司控股股东浙江卧龙置业投资有限公司于8月25日解除质押3000万股无限售流通股。本次解质后，该 股东累计质押股份占其持股比例为9.55%，占公司总股本4.28%。 截至8月26日收盘，卧龙新能股价报6.46元，较前一交易日下跌0.11元。当日成交量为12.63万手，成交 金额达0.82亿元。 卧龙新能主营业务为房地产开发，同时涉及储能、氢能源、风能等新能源领域。公司总市值45.25亿 元，市盈率为27.75倍。 ...

截至本公告披露日，卧龙新能源集团股份有限公司（以下简称"公司"） 控股股东浙江卧龙置业投资有限公司（以下简称"卧龙置业"）持有公司股份数 量 314,104,357 股，占公司总股本的 44.84%。本次股份解除质押前，卧龙置业 累计质押公司股份 60,000,000 股；本次股份解除质押后，卧龙置业累计质押公 司股份 30,000,000 股，占其持有公司股份比例为 9.55%，占公司总股本数比例 为 4.28%。 公司于 2025 年 8 月 26 日接到控股股东卧龙置业有关股份解除质押的通知， 卧龙置业将质押给浙商银行股份有限公司绍兴上虞支行的公司 30,000,000 股无 限售流通股于 2025 年 8 月 25 日解除质押，并在中国证券登记结算有限责任公 司办理了解除质押登记手续，具体情况如下： | 股东名称 | 卧龙置业 | | | --- | --- | --- | | 本次解质股份 | 30,000,000 | 股 | | 占其所持股份比例 | 9.55% | | | 占公司总股本比例 | 4.28% | | | 解质时间 | 年 月 2025 8 25 | 日 | | 持股数量 | 314 ...

Core Viewpoint - The "Wolong System" is undergoing a painful adjustment, with mixed financial results from its listed companies, Wolong Electric Drive and Wolong New Energy, highlighting the challenges of its broad but shallow business strategy [2][6]. Group 1: Financial Performance - Wolong Electric Drive reported a slight revenue increase of 0.66% year-on-year, while net profit grew by 36.76%. In contrast, Wolong New Energy's revenue increased by 36.38%, but net profit declined by 20.48% [2]. - As of June 30, Wolong Electric Drive's goodwill was approximately 1.46 billion, accounting for about 14.55% of its net assets [4][5]. - Wolong Electric Drive's stock price surged from 14.67 CNY per share at the beginning of the year to around 32 CNY, representing an increase of nearly 118% [5]. Group 2: Business Strategy - The company has historically focused on acquisitions to expand its business, including notable purchases of several overseas motor and control product manufacturers [3][4]. - Wolong New Energy has shifted its focus from real estate to new energy, acquiring control of several companies in the energy sector while divesting from its previous real estate operations [6][7]. Group 3: Debt and Funding - Wolong Electric Drive is facing significant short-term debt pressure, with a need to raise 1.571 billion to cover funding gaps within the next year [9]. - The company has initiated a listing process on the Hong Kong Stock Exchange to raise funds primarily for capacity expansion, R&D investment, and to strengthen liquidity [8][9].

Core Viewpoint - Wolong New Energy (SH 600173) announced that its controlling shareholder, Zhejiang Wolong Real Estate Investment Co., Ltd., holds approximately 314 million shares, accounting for 44.84% of the total share capital, with a cumulative pledge of 60 million shares, representing 19.1% of its holdings [2] Financial Performance - For the first half of 2025, Wolong New Energy's revenue composition is as follows: mineral trading accounts for 67.33%, new energy for 16.55%, and real estate sales for 16.12% [2]