宏发科技股份有限公司 关于实施 2024 年度权益分派 调整"宏发转债"转股价格的公告 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： 证券停复牌情况：适用 | 证券代码：600885 | 证券简称：宏发股份 | 公告编号：2025-029 | | --- | --- | --- | | 债券代码：110082 | 债券简称：宏发转债 | | 因实施 2024 年度权益分派"宏发转债"转股价格调整,本公司的相关证券停复牌 情况如下： | 证券代码 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | | | | | | 期间 | | | | 110082 | 宏发转债 | 可转债转股复牌 | | | 2025/6/18 | 2025/6/19 | ● 调整前转股价格：32.32 元/股 宏发科技股份有限公司（以下简称"公司"）经中国证券监督管理委员会《关于核准宏发 科技股份有限公司公开发行可 ...

证券代码：600885 证券简称：宏发股份 公告编号：2025-028 债券代码：110082 债券简称：宏发转债 宏发科技股份有限公司2024年年度权益分派实施公告 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： | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 新增无限售 条件流通股 | 现金红利发 放日 | | --- | --- | --- | --- | --- | --- | | | | | | 份上市日 | | | Ａ股 | 2025/6/18 | － | 2025/6/19 | 2025/6/19 | 2025/6/19 | 差异化分红送转： 否 一、 通过分配、转增股本方案的股东大会届次和日期 1. 发放年度：2024年年度 2. 分派对象： 536,978,338.79元，转增417,070,554股，本次分配后总股本为1,459,746,940股。 三、 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 新增无限售 条件流通股 | 现金红利发 ...

Core Viewpoint - The company has adjusted its profit distribution plan for the year 2024, specifically the cash dividend per share, due to changes in the total share capital resulting from the conversion of convertible bonds [1][3]. Summary by Sections 1. Profit Distribution Adjustment - The cash dividend per share has been adjusted from 0.515 yuan (including tax) to 0.51500 yuan (including tax) [1][3]. - The adjustment is due to the increase in total share capital to 1,042,676,386 shares as a result of the conversion of the "Hongfa Convertible Bonds" from January 1, 2025, to June 9, 2025 [1][2]. 2. Basic Situation of the 2024 Profit Distribution Plan - The company held its annual general meeting on April 21, 2025, where the profit distribution and capital reserve transfer plan was approved [1]. - The total share capital as of March 31, 2025, was 1,042,676,146 shares, with a proposed cash dividend distribution totaling 536,978,215.19 yuan (including tax) [1][3]. 3. Details of the Adjusted Cash Dividend - The adjusted cash dividend per share is calculated as the total cash dividend amount divided by the total share capital at the time of the equity distribution registration date [3]. - The total cash dividend amount to be distributed is approximately 536,978,338.79 yuan (including tax) based on the adjusted cash dividend per share [3]. 4. Capital Reserve Transfer - The company plans to transfer 0.4 shares for every share held from the capital reserve, resulting in a total transfer of 417,070,554 shares [3]. - After the transfer, the total share capital will increase to 1,459,746,940 shares [3].

| 股票代码：600885 | 公司简称：宏发股份 | 公告编号：临 2025-027 | | --- | --- | --- | | 转债代码：110082 | 转债简称：宏发转债 | | 宏发科技股份有限公司 关于调整 2024 年度利润分配方案 公司于 2025 年 4 月 21 日召开 2024 年年度股东大会，审议通过了《2024 年 年度利润分配及资本公积转增股本的方案》。具体利润分配方案为： 1.公司拟向全体股东每股派发现金红利 0.515 元（含税）。截至 2024 年 12 月 31 日，公司总股本 1,042,676,146 股，以此计算合计拟派发现金红利 536,978,215.19 元（含税）。 2.公司拟向全体股东每股以公积金转增 0.4 股。截至 2024 年 12 月 31 日， 公司总股本 1,042,676,146 股，以此计算合计拟转增 417,070,459 股，本次转增 股后，公司的总股本为 1,459,746,605 股。 如在实施权益分派股权登记日之前，因可转债转股、回购股份、股权激励授 予股份回购注销、重大资产重组股份回购注销等致使公司总股本发生变动的，公 每股分 ...

Group 1 - The company will participate in the "2025 Online Collective Reception Day for Listed Companies in Hubei" on June 12, 2025, to enhance interaction with investors [1] - The event will be held online, allowing investors to engage with company executives regarding the 2024 annual performance, governance, development strategy, and sustainability [1] - The company plans to distribute a cash dividend of 0.515 yuan per share and a capital reserve conversion of 0.4 shares for every share held, resulting in a total cash dividend of approximately 536.98 million yuan and an increase in total shares to approximately 1.46 billion [5][6] Group 2 - The company's convertible bonds, "Hongfa Convertible Bonds," will suspend conversion from June 10, 2025, until the equity registration date due to the annual profit distribution [3][6] - The company will announce the adjustment of the conversion price for the "Hongfa Convertible Bonds" following the implementation of the profit distribution plan [6] - The profit distribution plan was approved at the annual shareholders' meeting held on April 21, 2025 [5]

Group 1 - The company will stop the conversion of its convertible bonds ("宏发转债") from June 10, 2025, until the equity distribution registration date [1][2] - The total share capital of the company is 1,042,676,146 shares, with a proposed cash dividend distribution and a capital increase of 417,070,459 shares, resulting in a new total share capital of 1,459,746,605 shares after the distribution [2][3] - The equity distribution plan was approved at the shareholders' meeting on April 21, 2025, and further details were disclosed in previous announcements [2][3] Group 2 - The company will announce the implementation of the equity distribution and the adjustment of the conversion price for "宏发转债" on June 11, 2025 [3] - Holders of convertible bonds wishing to enjoy the equity distribution must convert their bonds by June 9, 2025 [3]

| 股票代码：600885 | 公司简称：宏发股份 公告编号：2025--025 | | --- | --- | | 债券代码：110082 | 债券简称：宏发转债 | 宏发科技股份有限公司 关于参加湖北辖区上市公司 2025 年投资者 网上集体接待日活动的公告 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （https://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP, 参与本次互动交流，活动时间为 2025 年 6 月 12 日（周四） 14:00-16:40。届时 公司高管将在线就公司 2024 年度业绩、公司治理、发展战略、 经营状况和可持 续发展等投资者关心的问题，与投资者进行沟通与交流，欢迎广大投资者踊跃参 与。 特此公告！ 宏发科技股份有限公司董事会 2025 年 6 月 5 日 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流，宏发科技股份有限公司（以下简称"公 司"）将参加由湖北证监局指导、湖北上市公司协会与深圳市全景网络有限公司 联合举办的"湖北辖区上市公司 20 ...

| 证券代码：600885 | 证券简称：宏发股份 | 公告编号：2025-026 | | --- | --- | --- | | 转债代码：110082 | 转债简称：宏发转债 | | 宏发科技股份有限公司 关于实施 2024 年度权益分派"宏发转债" 停止转股的提示性公告 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。 因公司实施 2024 年度权益分派,本公司的相关证券停复牌情况如下：2024 年年度 权益分派公告前一交易日（2025 年 6 月 10 日）至权益分派股权登记日期间，"宏 发转债"将停止转股。 | 证券代码 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌期间 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | | 110082 | 宏发转债 | 可转债转股停牌 | 2025/6/10 | | | | 一、本次权益分派方案的基本情况 宏发科技股份有限公司（以下简称"公司"或"本公司"） 2024 年年度利润 分配方案的基本情况如下： ...

Group 1 - The core viewpoint of the news is that Hongfa Technology Co., Ltd. has shown a positive financial performance in 2024, with a revenue increase driven by demand in the home appliance and new energy markets [2][3] - As of May 30, 2025, Hongfa's stock price closed at 32.76 yuan, down 3.22% from the previous week, with a market capitalization of 34.158 billion yuan, ranking 5th in the electric grid equipment sector [1] - The company achieved a revenue of 14.102 billion yuan in 2024, reflecting a year-on-year growth of 8.95% [2][3] Group 2 - Hongfa's global market share for relay products stands at 23.10%, making it the market leader [2] - The company has three production bases in China and factories in Indonesia and Germany, with overseas sales accounting for 31.77% of total revenue in 2024 [2] - Hongfa maintains an AA credit rating for both its main entity and convertible bonds, with a stable outlook [2][3]

Core Viewpoint - Hongfa Technology Co., Ltd. maintains a stable credit rating due to its strong market position and operational performance, despite facing challenges such as intense competition and funding pressures [1][3][4]. Company Overview - Hongfa Technology is the largest relay manufacturer in China, holding the top global market share in relay products, with a revenue of 127.01 billion yuan in 2024, reflecting an 8.96% increase year-on-year [8][13]. - The company operates multiple production bases domestically and has established factories in Indonesia and Germany, with ongoing construction projects requiring significant investment [11][12]. Financial Performance - The company's EBITDA for 2024 reached 36.07 billion yuan, a 9.98% increase from the previous year, indicating strong profitability [13]. - The total assets as of the end of 2024 were 60.39 billion yuan, with total liabilities of 22.81 billion yuan, resulting in an asset-liability ratio of approximately 37.8% [3][4]. Market Position - The company’s relay products account for about 90% of its total revenue, with significant demand driven by the recovery in the market and the growth of the new energy sector [8][9]. - The global market share for the company's relay products is 23.10%, with specific segments like power relays and automotive relays holding shares of 31.70% and 23.00%, respectively [12]. Operational Efficiency - The company has a production capacity of 39.74 billion relays per year, with a production output of 32.44 billion relays in 2024, achieving a capacity utilization rate of 81.63% [10][11]. - The average inventory turnover period is extended due to high overseas sales and shipping delays, with a cash conversion cycle of approximately 204.93 days [15][16]. Industry Context - The electrical equipment industry is experiencing robust growth driven by investments in clean energy and infrastructure, with significant government spending on grid upgrades and new energy projects [5][7]. - The competitive landscape is intensifying, particularly in traditional electrical equipment sectors, while leading companies are focusing on technological upgrades and product diversification to maintain market share [7][8].