Core Viewpoint - Xiangtan Electric Machine Co., Ltd. (hereinafter referred to as "Xiang Electric") reported positive performance in the first half of 2025, driven by the growth of the energy-efficient motor market as the national "dual carbon" goals advance [2][3] Financial Performance - In the first half of 2025, Xiang Electric achieved operating revenue of 2.544 billion yuan, a year-on-year increase of 4.6% [2] - The net profit attributable to shareholders reached 188 million yuan, reflecting a year-on-year growth of 12.98% [2] Market Dynamics - The new national standard sets the IE3 efficiency level as the minimum threshold, increasing the penetration rate of energy-efficient motors from 35% in 2024 to 45% in 2025 [2] - Various provinces, including Heilongjiang and Shandong, provide procurement subsidies for energy-efficient motors, with subsidy rates ranging from 15% to 20% of the equipment price, accelerating the replacement of traditional motors [2] Company Positioning - Xiang Electric is one of the largest motor manufacturers in China and has significant international recognition, exporting to over 80 countries and regions [2] - The company holds a leading market share in the domestic large and medium-sized AC motor sector [2] R&D and Innovation - The company's independent R&D capabilities are crucial for converting market demand into performance growth, focusing on high-end and differentiated R&D strategies [3] - In the first half of 2025, Xiang Electric accelerated the development and application of new technologies and products across 10 strategic product R&D directions and 20 product types [3] - Notable projects include a permanent magnet energy-saving system with over 20% energy savings and a successful pilot project for a flywheel energy storage system in Guangzhou [3] Strategic Acquisitions - Xiang Electric announced plans to acquire 12.5% of Tongda Electromagnetic Energy Co., Ltd. from its controlling shareholder, Xiang Electric Group, for 208 million yuan [3] - Tongda Electromagnetic Energy is recognized as a significant player in the electromagnetic energy and motor industry, with improving operational performance and good growth potential [3] Market Outlook - Analysts express confidence in Xiang Electric's future growth, particularly in light of the national "dual carbon" strategy and the successful approval of the company's private placement [3]

证券之星消息，7月29日电机板块较上一交易日下跌0.18%，湘电股份领跌。当日上证指数报收于 3609.71，上涨0.33%。深证成指报收于11289.41，上涨0.64%。电机板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 300907 | 康平科技 | 31.93 | 8.94% | 15.06万 | | 4.86亿 | | 002176 | 江特电机 | 8.12 | 4.91% | 182.33万 | | 14.99 Z | | 603988 | 中电电机 | 24.20 | 0.88% | 2.67万 | | 6423.64万 | | 603489 | 八方股份 | 27.94 | 0.58% | 2.68万 | | 7420.24万 | | 603320 | 迪贝电气 | 19.20 | 0.00% | 3.13万 | | 5995.79万 | | 60381a | 神力股份 | 14.78 | -0.07% | 7.22万 | | 1.08亿 ...

Core Viewpoint - Xiangtan Electric Machine Co., Ltd. reported a total profit of approximately 198.86 million yuan for the first half of 2025, reflecting a year-on-year increase of 9.24% compared to 182.04 million yuan in the same period last year [1] Financial Summary - Total assets at the end of the reporting period amounted to approximately 15.29 billion yuan, a decrease of 0.52% from the previous year [1] - Operating revenue for the reporting period was approximately 2.54 billion yuan, representing a year-on-year increase of 4.60% from 2.43 billion yuan [1] - Net profit attributable to shareholders of the listed company was approximately 188.44 million yuan, up 12.98% from 166.79 million yuan in the same period last year [1] - The net cash flow from operating activities was negative at approximately -180.31 million yuan, a decline of 40.80% compared to -128.06 million yuan in the previous year [1] - Basic earnings per share were reported, with diluted earnings per share also noted [1] Shareholder Information - The total number of shareholders at the end of the reporting period was 43,870 [1] - Major shareholders include Hunan Xingxiang Investment Holding Group Co., Ltd. with a holding of 13.66% [1] - The company has noted that its controlling shareholder, Xiangdian Group, and Xingxiang Group are acting in concert [1]

Group 1 - The board of directors of Xiangtan Electric Machine Co., Ltd. held its eighth meeting of the ninth session on July 28, 2025, with all 9 directors present, ensuring compliance with legal and regulatory requirements [1] - The board unanimously approved the 2025 semi-annual report and the special report on the use of raised funds, which were published on the Shanghai Stock Exchange website on July 29, 2025 [1] Group 2 - The company approved a related party transaction to acquire a 12.5% stake in Tongda Electromagnetic Energy Co., Ltd. from Xiang Electric Group Co., Ltd., with the acquisition price based on the assessed value of the shares [2] - The independent directors deemed the acquisition necessary for the company's operational development and beneficial for all shareholders, enhancing the company's control over the industrial chain and its technological innovation capabilities [2]

Key Points - The actual controller, chairman, and CEO of Juran Smart Home, Wang Linpeng, has passed away [1] - Jianghe Group's construction and decoration segment won contracts worth approximately 13.694 billion yuan in the first half of the year, representing a year-on-year increase of 6.29% [2] - Dele Shares plans to transfer 100% equity of Derui Mining to Fengyang Mining Investment [2] - Sichuan Chengyu led a consortium that won the bid for the G5 Jingkun Expressway expansion project from Chengdu to Ya'an [1] - Huai City Environmental Protection reported a net profit of 5.0204 million yuan in the first half of the year, a year-on-year decrease of 85.63% [2] - Awei Electronics intends to issue convertible bonds to raise no more than 1.901 billion yuan for the construction of a global R&D center [3] - The company Tianyi plans to participate in the e-enterprise network terminal production procurement project [1]

Group 1: Company Performance - WuXi AppTec reported a net profit of 8.561 billion yuan for the first half of the year, a year-on-year increase of 101.92% [1] - The company's revenue for the first half reached 20.799 billion yuan, reflecting a growth of 20.64% year-on-year [1] - WuXi AppTec plans to distribute a cash dividend of 3.5 yuan per share to all shareholders [1] - The company has revised its revenue forecast for the full year to between 42.5 billion and 43.5 billion yuan [1] - SANY Heavy Industry plans to issue non-financial corporate debt financing tools not exceeding 20 billion yuan to optimize its financing structure [1] Group 2: Film Industry Impact - Happiness Blue Sea announced that the film "Nanjing Photo Studio" has surpassed 412 million yuan in cumulative box office, exceeding 50% of the company's audited revenue for the most recent fiscal year [2] - The film's impact on the company's revenue is currently negligible as it is still in theaters [2] Group 3: Corporate Actions - Zhonghua Equipment plans to issue shares to acquire 100% equity of two companies, marking a significant asset restructuring [2] - Dahua Intelligent is under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure [3] - Shiming Technology's actual controller and chairman has been placed under detention due to personal matters unrelated to the company [4] Group 4: Financial Performance - Ju Chen Co. reported a net profit growth of 43.5% for the first half of the year [6] - Qizheng Tibetan Medicine's net profit increased by 9.94% year-on-year [6] - China Minmetals' new contract value decreased by 19.1% year-on-year [6] - Huicheng Environmental's net profit declined by 85.63% year-on-year [6] Group 5: Mergers and Acquisitions - Kaishan Holdings plans to acquire a minority stake in SMGP for 3 million USD [6] - Zhonghua International intends to purchase 100% equity of Nantong Xingchen Composite Materials Co., Ltd. [6] - Xiangdian Co. plans to acquire a 12.5% stake in Tongda Electromagnetic Energy for 208 million yuan [6]

本资产评估报告依据中国资产评估准则编制 湘潭电机股份有限公司拟收购股权 涉及的通达电磁能股份有限公司股东全部权益价值 资产评估报告 中威正信评报字(2025)第 9026 号 (共一册,第一册) 中威正信（北京）资产评估有限公司 2025 年 5 月 20 日 中国资产评估协会 湘潭电机股份有限公司拟收购股权涉及的 通达电磁能股份有限公司股东全部权益价值资产评估报告 录 | 声 明 | | --- | | 资产评估报告摘要 . | | 资产评估报告 . | | 一、委托人、被评估单位和资产评估委托合同约定的其他评估报告使用人概况 | | 二、评估目的 . | | 三、评估对象和评估范围 ……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… 10 | | 四、价值类型及其定义 | | 五、 评估基准日 . | | 六、评估依据 . | | 七、评估方法 ………………………………………………………………………………………………………………………………………………… ...

通达电磁能股份有限公司 审计报告 上会师报字(2025)第 9195 号 上会会计师事务所（特殊普通合伙） 中国 the state 审计报告 上会师报字(2025)第 9195 号 通达电磁能股份有限公司全体股东: 一、审计意见 我们审计了通达电磁能股份有限公司（以下简称"通达电磁能"）财务报表, 包括 2024 年 12 月 31 日的资产负债表，2024 年度的利润表、现金流量表、股东权益 变动表以及相关财务报表附注。 我们认为，后附的财务报表在所有重大方面按照企业会计准则的规定编制，公 允反映了通达电磁能 2024 年 12 月 31 日的财务状况以及 2024 年度的经营成果和现金 流量。 二、形成审计意见的基础 我们按照中国注册会计师审计准则的规定执行了审计工作。审计报告的"注册 会计师对财务报表审计的责任"部分进一步阐述了我们在这些准则下的责任。按照 中国注册会计师职业道德守则，我们独立于通达电磁能，并履行了职业道德方面的 其他责任。我们相信，我们获取的审计证据是充分、适当的，为发表审计意见提供 了基础。 会计师 事务所（特殊普通合伙） Centified Public Accountants ...

证券代码：600416 证券简称：湘电股份 公告编号：2025 临-045 湘潭电机股份有限公司 2025 半年度募集资金存放与实际使用情况 专项报告 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。 一、募集资金基本情况 1、募集资金金额和到位时间 经中国证券监督管理委员会（以下简称"中国证监会"）《关于核准湘潭电机股份 有限公司非公开发行股票的批复》（证监许可[2022]2037 号）核准，湘潭电机股份有限 公司（以下简称"湘电股份"或"公司"）向特定投资者非公开发行每股面值为人民币 1 元的普通股股票 170,454,545 股，发行价格为 17.60 元/股，募集资金总额为人民币 2,999,999,992.00 元，扣除不含税发行费用人民币 33,134,783.35 元，募集资金净额为 人民币 2,966,865,208.65 元。大信会计师事务所（特殊普通合伙）对公司本次非公开 发行股票的资金到位情况进行了审验，并出具了大信验字[2022]第 27-00013 号《验资 报告》，上述募集资金净额已于 2022 年 ...

证券代码：600416 证券简称：湘电股份 公告编号：2025 临-046 湘潭电机股份有限公司 关于现金收购股权暨关联交易的公告 本公司董事会、全体董事及相关股东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： 湘潭电机股份有限公司（以下简称"湘电股份"或"公司"）拟以现金方式收购 公司之控股股东湘电集团有限公司（以下简称"湘电集团"）持有的通达电磁能股份有 限公司（以下简称"通达电磁能"或"标的公司"）12.5%的股权。本次交易价格以评估 基准日 2024 年 12 月 31 日通达电磁能全部权益价值的评估值 166,387.00 万元为基础， 通达电磁能 12.5%股权交易价格为人民币 20,798.375 万元。 根据《上海证券交易所股票上市规则》等相关规定，鉴于湘电集团为公司控股 股东，本次交易构成关联交易。 本次交易未构成《上市公司重大资产重组管理办法》所规定的重大资产重组。 根据《上海证券交易所股票上市规则》等相关规定，本次交易金额未达到公司 最近一期经审计净资产绝对值 5%以上，无须报公司股东会批准。 截至本公告日，过 ...