Core Viewpoint - Yimi Fund Management Co., Ltd. has participated in the non-public issuance of shares for Xiangtan Electric Manufacturing Co., Ltd. and Shanghai Aisxu New Energy Co., Ltd. [1] Group 1 - The fund involved is the Yimi Vision Value One-Year Regular Open Mixed Securities Investment Fund [1] - The announcement includes compliance with the China Securities Regulatory Commission's regulations regarding fund investments in non-publicly issued stocks [1] - The net asset value and book value of the fund are based on data as of September 24, 2025 [1] Group 2 - Investors can access further information through the company's website or customer service hotline [1] - The announcement was made on September 26, 2025 [1]

Group 1 - The company, Xiangtan Electric Machine Co., Ltd., has signed a tripartite and quadripartite supervision agreement for the storage of raised funds to ensure proper management and usage of the funds raised from the issuance of shares [2][4][8] - The total amount raised from the issuance of 150,375,939 shares is approximately RMB 1.999 billion, with a net amount of approximately RMB 1.979 billion after deducting issuance costs [2][3] - The agreements stipulate that the raised funds will be used exclusively for specific projects, including the development and industrialization of aviation electrical systems and magnetic levitation bearing high-speed motor systems [4][8] Group 2 - The tripartite agreement involves the company, the underwriting institution, and the bank, ensuring that the funds are stored in a dedicated account and used only for the specified projects [4][5] - The quadripartite agreement includes an additional party, Xiang Electric Technology Co., Ltd., and follows similar stipulations regarding the use of funds [8][9] - Both agreements require regular oversight by the underwriting institution, which will conduct semi-annual inspections of the fund usage and storage [5][9]

证券代码：600416 证券简称：湘电股份 公告编号：2025 临-053 湘潭电机股份有限公司 关于签订募集资金专户存储三方监管协议及 四方监管协议的公告 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。 一、募集资金基本情况 经中国证券监督管理委员会（以下简称"中国证监会"）《关于同意湘潭电机股份有 限公司向特定对象发行股票注册的批复》（证监许可[2025]1704号），公司向特定对象发 行每股面值为人民币1元的普通股股票150,375,939股。本次发行募集资金总额为人民币 1,999,999,988.70元，扣除不含税发行费用人民币20,705,420.73元，募集资金净额为人民 币1,979,294,567.97元。上会会计师事务所（特殊普通合伙）已对前述募集资金的到位情 况进行了审验，并于2025年9月9日出具了上会师报字（2025）第14403号《验资报告》。 二、《募集资金专户存储三方监管协议》《募集资金专户存储四方监管协议》签订情 况和募集资金专户开立情况 为规范公司募集资金的管理和使用，保护投资者的权益，根据 ...

Market Overview - The electric motor sector experienced a decline of 1.37% on the previous trading day, with Xiangdian Co., Ltd. leading the losses [1] - The Shanghai Composite Index closed at 3853.3, down 0.01%, while the Shenzhen Component Index closed at 13445.9, up 0.67% [1] Stock Performance - Notable gainers in the electric motor sector included: - Mingzhi Electric (603728) with a closing price of 83.67, up 4.18% and a trading volume of 347,100 shares, totaling 2.881 billion yuan [1] - Kaizhong Precision (002823) closed at 17.00, up 2.10% with a trading volume of 135,900 shares, totaling 231 million yuan [1] - Major decliners included: - Xiangdian Co., Ltd. (600416) closed at 15.19, down 4.22% with a trading volume of 529,000 shares, totaling 810 million yuan [2] - Wolong Electric (600580) closed at 48.00, down 3.92% with a trading volume of 1,828,500 shares, totaling 888.6 million yuan [2] Capital Flow - The electric motor sector saw a net outflow of 1.053 billion yuan from institutional investors and a net outflow of 283 million yuan from retail investors, while retail investors had a net inflow of 1.336 billion yuan [2][3] - Specific stock capital flows included: - Mingzhi Electric had a net outflow of 38.73 million yuan from institutional investors [3] - Zhaowei Electromechanical (003021) saw a net inflow of 38.18 million yuan from institutional investors [3]

Summary of Key Points Core Viewpoint The announcement details the results of Xiangtan Electric Machine Co., Ltd.'s (hereinafter referred to as "the Company") issuance of A-shares to specific investors, highlighting the total funds raised, the number of shares issued, and the implications for existing shareholders. Group 1: Issuance Details - The total amount raised from the issuance is CNY 1,999,999,988.70, with net proceeds after expenses amounting to CNY 1,979,294,567.97 [2][10][16] - A total of 150,375,939 shares were issued at a price of CNY 13.30 per share [7][17] - The shares issued are subject to a six-month lock-up period for the investors [3][11] Group 2: Regulatory Compliance - The issuance process followed necessary internal decision-making procedures, including approvals from the board and shareholders [5][8] - The Company received approval from the China Securities Regulatory Commission (CSRC) for the issuance on August 20, 2025 [8][43] - The issuance was conducted in compliance with relevant laws and regulations, ensuring fairness and transparency in the process [20][21] Group 3: Shareholder Impact - The issuance resulted in a dilution of shareholding for existing shareholders, with the controlling shareholder's stake decreasing from 30.70% to 27.57% [41][42] - The issuance does not trigger a mandatory tender offer and does not change the control of the Company [42][44] Group 4: Financial Implications - The funds raised will enhance the Company's total assets and net assets, while the debt level remains unchanged, leading to a decrease in the debt-to-asset ratio [34] - The investment projects funded by the issuance are expected to significantly boost the Company's revenue and net profit, enhancing future profitability [34] Group 5: Future Governance - The Company's governance structure remains stable, with no changes to the board or senior management anticipated as a result of the issuance [35][36] - The Company will continue to adhere to its governance principles and ensure compliance with relevant regulations in future transactions [37][38]

Market Performance - A-shares experienced wide fluctuations on September 23, with the Shanghai Composite Index down 0.18% to 3821.83 points, the Shenzhen Component Index down 0.29% to 13119.82 points, and the ChiNext Index up 0.21% to 3114.55 points [1] - The total trading volume in the Shanghai and Shenzhen markets reached 24.944 trillion yuan, an increase of 372.9 billion yuan compared to the previous day [1] - Most industry sectors declined, with banking, shipping ports, and semiconductor sectors showing the highest gains, while tourism, real estate services, small metals, medical services, software development, and automotive services faced the largest declines [1] Investor Sentiment - Analysts suggest that the early drop in the market was influenced by the upcoming National Day and Mid-Autumn Festival holidays, leading to profit-taking behavior, especially among leveraged funds [2] - The rebound in the afternoon indicates that some investors remain optimistic about the future of A-shares, willing to buy the dip despite the earlier declines [2] - The significant increase in trading volume suggests that major funds may be creating panic to shake out weaker hands before the holiday [2] Company Insights - Xiangdian Co., Ltd. (湘电股份) saw its stock hit the daily limit, with only 24 out of 147 stocks in Hunan province rising [3] - The company specializes in the development, production, and sales of large and medium-sized AC and DC motors, as well as electric vehicles and related systems [3] - For the first half of 2025, the company reported earnings per share of 0.14 yuan and a net profit of 188.4351 million yuan, reflecting a year-on-year growth rate of 12.98% [3] - Xiangdian is the sole producer and supplier of all-electric propulsion systems for naval vessels and electromagnetic catapult systems for aircraft carriers in China, holding a 100% market share domestically [3]

证券代码：600416 证券简称：湘电股份 公告编号：2025 临-052 湘潭电机股份有限公司 关于股东权益变动的提示性公告 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： 湘潭电机股份有限公司（以下简称"公司"或"湘电股份"）本次向特定对象 发行A股股票导致持股5%以上的股东及其一致行动人股权被动稀释。控股股东湘电集 团有限公司及其一致行动人合计持有公司权益的股份数为406,919,250股不变，占公司 总股本的比例由30.70%被动稀释至27.57%，持股比例合计减少3.13%；公司股东湖南省 国企并购重组基金管理有限公司－湖南兴湘并购重组股权投资基金企业（有限合伙） 持有公司权益的股份数为119,401,448股不变，占公司总股本的比例由9.01%被动稀释至 8.09%，持股比例减少0.92%。 本次权益变动不触及要约收购，不会导致公司控股股东及实际控制人发生变化。 一、本次权益变动的基本情况 公司于2025年8月20日公告获得中国证监会出具的《关于同意湘潭电机股份有限公 司向特定对象发行股票注册的批复 ...

证券简称：湘电股份 证券代码：600416 湘潭电机股份有限公司 2024 年度向特定对象发行 A 股股票 之上市公告书 保荐机构（主承销商） 二〇二五年九月 1 特别提示 一、发行数量及价格 1、发行数量：150,375,939 股 2、发行价格：13.30 元/股 3、募集资金总额：1,999,999,988.70 元 4、本 次发 行募集 资金 总额 1,999,999,988.70 元， 扣除 各项发 行费 用 20,705,420.73 元（不含增值税），湘电股份本次募集资金净额为 1,979,294,567.97 元。 二、新增股票上市安排 1、股票上市数量：150,375,939 股 2、股票上市时间：本次发行新增股份将于限售期届满后的次一交易日起在 上海证券交易所上市流通交易，如遇法定节假日或休息日，则顺延至其后的第一 个交易日。 三、发行对象限售期安排 本次向特定对象发行股票完成后，发行对象所认购的股份自发行结束之日起 6 个月内不得转让。 发行对象基于认购本次发行所取得的公司股票因公司分配股票股利、资本公 积转增等情形所衍生取得的股票亦应遵守上述股票锁定安排。法律法规对限售期 另有规定的， ...

国泰海通证券股份有限公司 关于 关于湘潭电机股份有限公司 2024 年度向特定对象发行 A 股股票之上市保荐书 国泰海通证券股份有限公司（以下简称"保荐机构"、"国泰海通"）接受 湘潭电机股份有限公司（以下简称"湘电股份"、"公司"、"发行人"）的委 托，担任湘电股份 2024 年度向特定对象发行 A 股股票（以下简称"本次发行"） 的保荐机构，为本次发行上市出具上市保荐书。 湘潭电机股份有限公司 2024 年度向特定对象发行 A 股股票 之 上市保荐书 保荐机构（主承销商） 二〇二五年九月 国泰海通证券股份有限公司 国泰海通及保荐代表人根据《中华人民共和国公司法》（以下简称"《公司 法》"）《中华人民共和国证券法》（以下简称"《证券法》"）《上市公司证券发 行注册管理办法》（以下简称"《注册管理办法》"）等有关法律、行政法规和中 国证券监督管理委员会（以下简称"中国证监会"）及上海证券交易所（以下简 称"上交所"）的有关规定，诚实守信，勤勉尽责，严格按照依法制订的业务规 则和行业自律规范出具上市保荐书，并保证所出具文件真实、准确、完整。 如无特别说明，本上市保荐书相关用语与《湘潭电机股份有限公司 2024 ...

证券代码：600416 证券简称：湘电股份 公告编号：2025 临-051 发行数量及价格 4、本次发行募集资金总额 1,999,999,988.70 元，扣除各项发行费用 20,705,420.73 元（不含增值税），湘潭电机股份有限公司（以下简称"公司"或"湘电股份"）本次 募集资金净额为 1,979,294,567.97 元。 预计上市时间 湘电股份本次向特定对象发行 A 股股票（以下简称"本次发行"）对应的 150,375,939 股已于 2025 年 9 月 22 日在中国证券登记结算有限责任公司上海分公司办理完毕登记、 托管及限售手续。 本次发行新增股份为有限售条件流通股，将于限售期届满后的次一交易日起在上 海证券交易所上市流通交易，如遇法定节假日或休息日，则顺延至其后的第一个交易 日。本次向特定对象发行股票完成后，发行对象所认购的股份自发行结束之日起 6 个 月内不得转让。发行对象基于认购本次发行所取得的公司股票因公司分配股票股利、 资本公积转增等情形所衍生取得的股票亦应遵守上述股票锁定安排。法律法规对限售 期另有规定的，依其规定。限售期结束后按中国证监会及上海证券交易所（以下简称 "上交所"） ...