Core Insights - Fengfan Co., Ltd. reported a significant decline in revenue and net profit for the first half of 2025, with total revenue of 1.311 billion yuan, down 29.4% year-on-year, and a net profit of 8.9076 million yuan, down 89.05% [1] - The company's gross margin decreased to 10.09%, a drop of 38.97% compared to the previous year, while the net margin turned negative at -2.41%, a decline of 137.79% [1] - The total expenses (selling, administrative, and financial) accounted for 14.18% of total revenue, showing a significant increase of 102.96% year-on-year [1] Financial Performance - Total revenue for 2024 was 1.857 billion yuan, compared to 1.311 billion yuan in 2025, reflecting a year-on-year decrease of 29.4% [1] - The net profit for 2024 was 81.353 million yuan, which fell to 8.9076 million yuan in 2025, marking an 89.05% decline [1] - The company's gross margin for 2024 was 16.53%, which decreased to 10.09% in 2025, indicating a significant reduction in profitability [1] Cash Flow and Debt Analysis - The company has a healthy cash position, with cash assets amounting to 1.864 billion yuan, up 21.34% year-on-year [1] - The cash flow situation is concerning, with a cash asset to current liabilities ratio of only 49.43% and an average operating cash flow to current liabilities ratio of 5.36% over the past three years [5] - The company's interest-bearing debt ratio has reached 37.33%, and the total interest-bearing debt to average operating cash flow ratio is 14.09% [5] Accounts Receivable Concerns - The accounts receivable to profit ratio has reached 1080.64%, indicating potential issues with collections and cash flow management [5]

Meeting Overview - The first extraordinary general meeting of shareholders for 2025 will be held on September 15, 2025 [1] - The meeting will utilize a combination of on-site and online voting methods [1][2] - The meeting will take place at the company's conference room located at No. 8, People's South Road, Industrial Concentration Zone, Changshu City, Jiangsu Province, starting at 14:50 [1] Voting Procedures - Shareholders can vote through the Shanghai Stock Exchange's online voting system, with voting available from 9:15 to 15:00 on the day of the meeting [1][2] - Shareholders holding multiple accounts can vote through any of their accounts, and the votes will be considered as cast for all accounts [3] - Duplicate voting through different methods will be counted based on the first vote cast [4] Attendance and Registration - Only shareholders registered with the China Securities Depository and Clearing Corporation Limited as of the close of trading on September 10, 2025, are eligible to attend [4] - Registration for the meeting will occur on September 10, 2025, from 9:00 to 17:00 [5] - Required documents for registration include a copy of the business license, proof of legal representative, and personal identification [5] Additional Information - Contact details for inquiries include a phone number and email address for the company [6] - An authorization letter template is provided for shareholders wishing to delegate their voting rights [6]

Group 1 - The board of directors of Changshu Windfan Electric Power Equipment Co., Ltd. held six meetings in compliance with relevant laws and regulations [1] - The voting results for the board meetings showed 13 votes in favor, 0 against, and 0 abstentions [1][1] - The proposed amendments and new regulations will be submitted for shareholder approval, with details available on the Shanghai Stock Exchange website [1][1][1] Group 2 - The specific regulations involved in the amendments were listed, but detailed content is available on the Shanghai Stock Exchange website [1][1] - The board confirmed the accuracy and completeness of the announcement, taking responsibility for any misleading statements or omissions [1]

Group 1 - The board meeting of Changshu Fengfan Electric Power Equipment Co., Ltd. was held in compliance with relevant laws, regulations, and the company's articles of association [1][1][1] - The voting results of the board meeting were 3 votes in favor, 0 votes against, and 0 abstentions [1][1][1] - The details of the meeting can be found on the Shanghai Stock Exchange website [1]

Group 1 - The company will not distribute profits or increase capital from reserves in the first half of 2025 [1] - The board of directors and supervisory board members confirm the authenticity, accuracy, and completeness of the semi-annual report [1][2] - The semi-annual report has not been audited [1] Group 2 - The sixth board meeting of the company was held on August 28, 2025, with all 13 directors present [3][4][5] - The board approved the semi-annual report and summary with unanimous consent [7] - The board also approved the proposal to cancel the supervisory board and amend the company’s articles of association, pending shareholder approval [9][10] Group 3 - The company will no longer have a supervisory board, with its functions transferred to the audit committee of the board [22] - Amendments to the company’s articles of association are aimed at improving corporate governance and compliance with relevant laws [23]

2025年8月29日，风范股份(601700.SH)发布2025年中报。 公司摊薄每股收益为0.01元，在已披露的同业公司中排名第108，较去年同报告期摊薄每股收益减少0.06 元，同比较去年同期下降88.73%。 公司最新总资产周转率为0.17次，在已披露的同业公司中排名第107，较去年同期总资产周转率减少0.07 次，同比较去年同期下降27.96%。最新存货周转率为1.36次，在已披露的同业公司中排名第86，较去年 同期存货周转率增加0.02次，同比较去年同期上涨1.70%。 公司最新资产负债率为63.31%，在已披露的同业公司中排名第101，较上季度资产负债率减少0.52个百 分点，较去年同期资产负债率增加1.68个百分点。 公司最新毛利率为10.09%，在已披露的同业公司中排名第110，较上季度毛利率增加1.76个百分点，实 现2个季度连续上涨，较去年同期毛利率减少6.44个百分点。最新ROE为0.34%，在已披露的同业公司中 排名第109，较去年同期ROE减少2.69个百分点。 公司营业总收入为13.11亿元，在已披露的同业公司中排名第53，较去年同报告期营业总收入减少5.46亿 元，同比较去年同期 ...

Group 1 - The company Fengfan Co., Ltd. (SH 601700) announced the convening of its 16th meeting of the 6th Board of Directors on August 28, 2025, to discuss the proposal to cancel the Supervisory Board and amend the Articles of Association [1] - For the fiscal year 2024, the revenue composition of Fengfan Co., Ltd. is as follows: Industrial sector accounts for 89.3%, other businesses account for 8.9%, and other categories account for 1.79% [1]

常熟风范电力设备股份有限公司 信息披露暂缓与豁免业务管理制度 常熟风范电力设备股份有限公司 信息披露暂缓与豁免业务管理制度 第一章 总则 第一条 为规范常熟风范电力设备股份有限公司（以下简称"公司"）暂缓与豁 免信息披露的行为，依法合规履行信息披露义务，根据《中华人民共和国公司法》 《中华人民共和国证券法》《上海证券交易所上市公司自律监管指引第 2 号—— 信息披露事务管理》《上海证券交易所股票上市规则》（以下简称"《股票上市规 则》"）等有关法律法规，《常熟风范电力设备股份有限公司信息披露制度》（以 下简称"《信息披露制度》"）及《常熟风范电力设备股份有限公司章程》（以下 简称"《公司章程》"）的规定，并结合公司实际情况，制定本制度。 第二条 公司按照《股票上市规则》及上海证券交易所其他相关业务规则的 规定，办理信息披露暂缓、豁免业务的，适用本制度。 第三条 公司应当披露的信息存在《股票上市规则》及上海证券交易所其他 相关业务规则中规定的暂缓、豁免情形的，由公司自行审慎判断，可依照本制度 经公司内部审批后暂缓、豁免披露，并接受上海证券交易所对有关信息披露暂缓、 豁免事项的事后监管。 第二章 信息披露暂缓、豁 ...

Group 1 - The company Fengfan Co., Ltd. (601700.SH) reported a total operating revenue of 1.311 billion yuan for the first half of 2025, representing a year-on-year decline of 29.4% [1] - The net profit attributable to shareholders of the parent company was 8.9076 million yuan, a significant year-on-year decrease of 89.05% [1] - The basic earnings per share were reported at 0.008 yuan [1]

常熟风范电力设备股份有限公司 董事及高级管理人员持股及变动管理制度 第一条 为进一步规范公司董事、高级管理人员持股行为，切实维护常熟风 范电力设备股份有限公司（以下简称"公司"或"本公司"）的整体利益，根据 《中华人民共和国公司法》《中华人民共和国证券法》《上市公司董事和高级管 理人员所持本公司股份及其变动管理规则》《上海证券交易所上市公司自律监管 指引第15号——股东及董事、高级管理人员减持股份》等法律法规，制定本管理 制度。 第二条 公司的董事和高级管理人员买卖或持有本公司股份适用本管理制 度。 常熟风范电力设备股份有限公司 董事及高级管理人员持股及变动管理制度 （一） 公司年度报告、中期报告公告前15日内； 第三条 公司董事和高级管理人员所持公司股份，是指登记在其名下的和利 用他人账户所有本公司股份。 公司董事和高级管理人员从事融资融券交易的，其所持本公司股份还包括记 载在其信用账户内的本公司股份。 第四条 公司董事和高管人员凡开设个人股票账户的，要严格管理好自己的 股票账户，不得将股票帐户转交他人炒作买卖本公司的股票。 第五条 公司董事和高管人员要严格职业操守，对未经公开披露的本公司经 营、财务等信息 ...