证券代码：601126 证券简称：四方股份 公告编号：2025-041 北京四方继保自动化股份有限公司 关于为子公司提供担保的公告 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： 担保对象及基本情况 | | 被担保人名称 | Sifang | Automation | India Private Limited（以下简称 | | --- | --- | --- | --- | --- | | 担保 对象一 | | 万元 | | "四方印度"），系公司全资孙公司 | | | 本次担保金额 | 2,500.00 | 万元 | | | | 实际为其提供的 担保余额 | 0 | | | | | 是否在前期预计 额度内 | 是 | □否 | 不适用：前期未进行预计 | | | 本次担保是否有 反担保 | □是 | 否 | □不适用：______________ | | | 被担保人名称 | Sifang | Electric | Corporation（以下简称"四 Philippines 方电气菲律宾"），系公司 ...

Group 1 - The company reported a revenue of 4.02 billion yuan for the first half of 2025, representing a year-on-year growth of 15.62% [1] - The net profit for the same period was 476 million yuan, showing a year-on-year increase of 12.41% [1] - The basic earnings per share reached 0.58 yuan, which is an increase of 11.54% compared to the previous year [1]

Core Viewpoint - Sifang Co., Ltd. has shown a mixed performance in financing activities and stockholder dynamics, with notable revenue growth and profit increase in recent financial reports [1][2][3]. Financing Activities - On August 27, Sifang Co., Ltd. experienced a 2.34% decline in stock price with a trading volume of 246 million yuan. The financing buy-in amounted to 18.95 million yuan, while financing repayment was 25.12 million yuan, resulting in a net financing outflow of 6.16 million yuan [1]. - As of August 27, the total financing and securities lending balance for Sifang Co. was 355 million yuan, with the financing balance at 354 million yuan, representing 2.41% of the circulating market value, indicating a high level compared to the past year [1]. - The securities lending activity on the same day showed no shares were repaid, with 6,900 shares sold, amounting to 123,600 yuan. The securities lending balance was 1.38 million yuan, also at a high level compared to the past year [1]. Financial Performance - For the period from January to March 2025, Sifang Co. reported a revenue of 1.83 billion yuan, reflecting a year-on-year growth of 18.34%. The net profit attributable to shareholders was 241 million yuan, marking a 33.38% increase compared to the previous year [2]. Shareholder Dynamics - As of March 31, 2025, the number of shareholders for Sifang Co. was 41,800, a decrease of 3.54% from the previous period. The average circulating shares per person increased by 3.67% to 19,594 shares [2]. - The company has distributed a total of 4 billion yuan in dividends since its A-share listing, with 1.6 billion yuan distributed over the last three years [3]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the third largest with 23.38 million shares, an increase of 3.80 million shares from the previous period. New entrants include several funds, indicating a shift in institutional holdings [3].

Group 1 - The core viewpoint of the article highlights the growth in the electrical machinery and equipment manufacturing industry in China, with an increase in the number of enterprises and their contribution to the overall industrial sector [1][3]. - As of the first half of 2025, there are 37,051 enterprises in the electrical machinery and equipment manufacturing sector, which is an increase of 1,576 enterprises compared to the same period last year, representing a year-on-year growth of 4.44% [1]. - The electrical machinery and equipment manufacturing sector accounts for 7.12% of the total number of industrial enterprises in China [1]. Group 2 - The report referenced is the "2025-2031 China Electrical Machinery Industry Market Competition Situation and Prospects Strategic Research Report" published by Zhiyan Consulting [1]. - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in in-depth industry research reports, business plans, feasibility studies, and customized services [2]. - The data used in the report is sourced from the National Bureau of Statistics and organized by Zhiyan Consulting [3].

中国经济网北京8月14日讯四方股份（601126）(601126.SH)昨日晚间披露《控股股东减持股份结果公 告》。 本次减持前，四方电气持有公司股份350,507,666股，占公司总股本的42.06%。减持后，四方电气持有 公司股份325,509,686股，占公司总股本的39.06%。 四方电气系公司控股股东，杨奇逊、王绪昭系公司实际控制人，同时系四方电气之股东。四方电气与杨 奇逊、王绪昭为一致行动人，合计持有公司股份361,277,506股，占公司总股本的43.36%。 截至2025年8月13日，四方电气本次减持计划已实施完毕。在减持期间内，即2025年5月30日至2025年8 月13日期间，四方电气合计减持公司股份24,997,980股，占公司股份总数的3%，其中集中竞价减持 8,332,680股，占公司股份总数的1%，大宗交易减持16,665,300股，占公司股份总数的2%。 四方电气减持价格区间为15.66元至17.46元/股，套现总金额为407,421,513元。 根据公告，公司于2025年5月7日公告称，公司控股股东四方电气(集团)股份有限公司(以下简称"四方电 气")计划于公告披露之日起15个 ...

Summary of Key Points Core Viewpoint - The announcement details the completion of a share reduction plan by the controlling shareholder, Sifang Electric (Group) Co., Ltd., which has reduced its stake in Sifang Automation Co., Ltd. by approximately 3% [1][4]. Group 1: Shareholder Information - The controlling shareholder, Sifang Electric, held 350,507,666 shares, representing 42.06% of the total shares before the reduction [1]. - After the reduction, Sifang Electric's shareholding decreased to 325,509,686 shares, which is approximately 39.06% of the total shares [3][4]. - The total number of shares held by Sifang Electric and its associated parties amounts to 361,277,506 shares, accounting for 43.36% of the total shares [2]. Group 2: Reduction Plan Implementation - The reduction plan was first disclosed on May 7, 2025, and was completed by August 13, 2025 [2][3]. - A total of 24,997,980 shares were reduced, with 16,665,300 shares sold through block trading and 8,332,680 shares sold via centralized bidding [2][3]. - The reduction price ranged from 15.66 to 17.46 yuan per share, resulting in a total reduction amount of approximately 407.42 million yuan [2][3].

四方股份8月13日晚间发布公告称，减持计划的实施结果情况：公司于2025年8月13日收到控股股东四方 电气的通知。在减持期间内，四方电气合计减持公司股份约2500万股，占公司股份总数的3%，其中集 中竞价减持约833万股，占公司股份总数的1%，大宗交易减持约1667万股，占公司股份总数的2%。本 次减持计划实施完毕。 （文章来源：每日经济新闻） ...

证券代码：601126 证券简称：四方股份 公告编号：2025-036 北京四方继保自动化股份有限公司 控股股东减持股份结果公告 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： 二、减持计划的实施结果 (一)大股东因以下事项披露减持计划实施结果： 减持计划实施完毕 | 股东名称 | 四方电气（集团）股份有限公司 | | | | --- | --- | --- | --- | | 股东身份 | 控股股东、实控人及一致行动人 | √是 | □否 | | | 直接持股 5%以上股东 | □是 | √否 | | | 董事、高级管理人员 | □是 | √否 | | | 其他：无 | | | | 持股数量 | 350,507,666股 | | | | 持股比例 | 42.06% | | | | 当前持股股份来源 | 前取得：350,507,666股 IPO | | | 一、减持主体减持前基本情况 四方电气当前持有的公司股份来源于其 IPO 前取得股份以及历次资本公积金转增股份。 1 大股东持股的基本情况：截至本公 ...

格隆汇8月13日丨四方股份(601126.SH)公布，公司于2025年8月13日收到控股股东四方电气的通知。截 至2025年8月13日，四方电气本次减持计划已实施完毕。在减持期间内，四方电气合计减持公司股份 24,997,980股，占公司股份总数的3%，其中集中竞价减持8,332,680股，占公司股份总数的1%，大宗交 易减持16,665,300股，占公司股份总数的2%。 ...

Investment Rating - The report suggests a positive investment outlook for the AIDC industry, driven by high growth in global capital expenditure and increasing demand for data centers [2][11][18]. Core Insights - The AIDC industry is experiencing a significant transformation towards direct current (DC), high voltage, and high density, with a projected market size of 99.6 billion yuan by 2030, reflecting a CAGR of approximately 50% from 2024 to 2030 [2][68]. - The global AI market is entering a high growth phase, with the market size expected to reach approximately $274.5 billion by 2032, growing at a CAGR of 36% [11]. - Major cloud service providers (CSPs) are significantly increasing their capital expenditures for data center infrastructure, with notable investments from companies like Alibaba and Tencent [17][22]. - The evolution of power supply systems in data centers is shifting from traditional UPS to more efficient HVDC systems, which are expected to dominate the market in the coming years [34][49]. Summary by Sections AIDC Capital Expenditure Growth - Global AIDC capital expenditure is experiencing high growth, with CSPs increasing investments in data centers, leading to a projected total installed capacity of over 100 GW by 2025 [2][18]. - The capital expenditure from domestic CSPs is expected to see explosive growth, with Alibaba's capital expenditure forecasted to increase by 239% in 2024 [17][22]. Power Supply System Evolution - The AIDC is rapidly evolving towards direct current and high voltage systems, with a significant focus on improving power supply efficiency and reducing system costs [34][49]. - The report highlights the transition from traditional UPS systems to HVDC systems, which are expected to enhance energy efficiency and reduce operational costs [49][52]. Market Opportunities - The report identifies new market opportunities in auxiliary power sources such as BBU and supercapacitors, which are becoming standard in AI server configurations [2][4]. - The global server power supply market is projected to reach 147 billion yuan by 2030, with a CAGR of approximately 42% from 2024 to 2030 [2][68]. Competitive Landscape - The competitive landscape for server power supplies is characterized by high barriers to entry, with established players like Delta Electronics and Lite-On Technology dominating the market [81]. - The report emphasizes the importance of customer relationships and technological capabilities as key competitive advantages in the server power supply sector [84][85].