证券代码：601877 证券简称：正泰电器 公告编号：临 2025-035 浙江正泰电器股份有限公司 关于全资子公司参与认购产业基金份额的公告 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： ● 浙江正泰电器股份有限公司（以下简称"公司"）的全资子公司浙江正泰新能源开 发有限公司（以下简称"正泰新能源"）拟以自筹资金不超过人民币 5,000 万元参与认购张 家港朝希优势贰号股权投资合伙企业（有限合伙）（以下简称"朝希优势贰号"、"合伙企 业"、"基金"）基金份额。 ● 本次交易不构成重大资产重组，不构成关联交易。 ● 朝希优势贰号尚未取得中国证券投资基金业协会备案。在投资过程中受宏观经济、 行业周期等多种因素影响，存在不能实现预期收益的风险，敬请广大投资者注意投资风险。 一、对外投资概述 为把握新能源、半导体等领域的发展机遇，优化投资结构、提升投资收益，公司全资子 公司正泰新能源与朝希优势贰号其他合伙人共同签署《张家港朝希优势贰号股权投资合伙企 业（有限合伙）合伙协议》（以下简称"合伙协议"），正泰新能源拟以自 ...

Core Viewpoint - Zhejiang Chint Electric Co., Ltd. has announced the progress of its share repurchase plan, which aims to enhance employee stock ownership and shareholder value through a structured buyback program [1][2]. Summary by Sections Share Repurchase Plan - The share repurchase plan was first disclosed on April 16, 2025, proposed by the controlling shareholder [1]. - The implementation period for the repurchase is from April 15, 2025, to April 14, 2026 [1]. - The expected repurchase amount ranges from 270 million yuan to 540 million yuan [1]. - The repurchase is intended for employee stock ownership plans or equity incentives [1]. Progress of Share Repurchase - As of the end of May 2025, the company has repurchased a total of 4.8895 million shares, representing 0.23% of the total share capital [1]. - The total amount spent on the repurchase is 110.5001 million yuan, with a purchase price range between 22.24 yuan and 22.89 yuan per share [1]. - The company will continue to disclose the progress of the share repurchase in accordance with relevant regulations [2].

证券代码：601877 证券简称：正泰电器 公告编号：临 2025-034 浙江正泰电器股份有限公司 关于以集中竞价交易方式回购公司股份的进展公告 二、回购股份的进展情况 根据《上海证券交易所上市公司自律监管指引第 7 号——回购股份》的相关规定，公司 在回购股份期间，应当在每个月的前 3 个交易日内公告截至上月末的回购进展情况。现将公 司回购进展情况公告如下： 2025 年 5 月，公司通过集中竞价交易方式已累计回购股份 488.95 万股，占公司总股本的 比例为 0.23%，购买的最高价为 22.89 元/股、最低价为 22.24 元/股，支付的金额为 11,050.01 万元（不含交易费用）。截至 2025 年 5 月月底，公司已累计回购股份 488.95 万股，占公司总 股本的比例为 0.23%，购买的最高价为 22.89 元/股、最低价为 22.24 元/股，已支付的总金额为 11,050.01 万元（不含交易费用）。 公司本次回购股份符合法律法规的有关规定和公司回购股份方案。 三、其他事项 公司将严格按照《上市公司股份回购规则》《上海证券交易所上市公司自律监管指引第 7 号——回购股份》等相关规定 ...

证券代码：601877 证券简称：正泰电器 公告编号：临 2025-033 浙江正泰电器股份有限公司董事会 浙江正泰电器股份有限公司 第十届董事会第二次会议决议公告 2025 年 6 月 5 日 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。 具体内容详见公司同日发布于上海证券交易所网站（www.sse.com.cn）的《关于全资子 公司参与认购产业基金份额的公告》。 特此公告。 浙江正泰电器股份有限公司（以下简称"公司"）第十届董事会第二次会议于 2025 年 6 月 4 日以通讯方式召开。应参加本次会议表决的董事 9 名，收到有效表决票 9 张，符合《中 华人民共和国公司法》及《浙江正泰电器股份有限公司章程》的规定，本次会议合法有效。 经表决通过了以下议案： 一、审议通过《关于全资子公司参与认购产业基金份额的议案》 会议以 9 票同意，0 票反对，0 票弃权，审议通过了《关于全资子公司参与认购产业基 金份额的议案》，同意公司全资子公司浙江正泰新能源开发有限公司以自筹资金不超过人民 币 5,000 万元参与认购张家港朝希优势 ...

Core Viewpoint - The company, Zhengtai Electric (601877), announced that its wholly-owned subsidiary, Zhengtai New Energy, plans to invest up to 50 million yuan in the subscription of Chaoxi Advantage No. 2 Fund shares, which has a total target subscription amount of 2 billion yuan, representing a 7.1429% investment ratio by Zhengtai New Energy. This transaction does not constitute a major asset restructuring or a related party transaction. The fund has not yet completed registration with the Asset Management Association of China, which poses a risk of not achieving expected returns [1]. Group 1 - Zhengtai New Energy will invest a maximum of 50 million yuan in Chaoxi Advantage No. 2 Fund [1] - The total target subscription amount for the fund is 2 billion yuan [1] - Zhengtai New Energy's investment ratio in the fund is 7.1429% [1] Group 2 - The transaction does not constitute a major asset restructuring [1] - The transaction does not constitute a related party transaction [1] - The fund has not completed registration with the Asset Management Association of China, indicating potential risks [1]

Core Viewpoint - The article highlights the remarkable journey of Nan Cunhui, from a shoemaker to the head of a billion-dollar industrial empire, emphasizing his entrepreneurial spirit and strategic decisions that led to the success of Zhejiang-based Chint Group [5][6][60]. Group 1: Early Life and Entrepreneurial Beginnings - Nan Cunhui started his career as a shoemaker, learning valuable lessons about sincerity and customer relations from his father [8][12]. - At the age of 13, he had to drop out of school to support his family after his father's injury, which shaped his resilience and work ethic [11][12]. - His exposure to various professions while repairing shoes led him to discover the lucrative business of low-voltage electrical equipment through conversations with salespeople [14][15]. Group 2: Establishing Chint Group - In the late 1970s, Nan transitioned from shoemaking to the burgeoning low-voltage electrical market, seizing the opportunity as local demand surged [19][23]. - He founded "Qiuqing Switch Factory" in 1984, focusing on quality amidst a market filled with low-quality products, which later became a key differentiator [31][35]. - The factory thrived during a government crackdown on inferior products, positioning itself as a trusted supplier [36]. Group 3: Growth and Expansion - In 1991, a split with his business partner led to the creation of Chint Group, which rapidly expanded by acquiring over 30 smaller factories [41]. - Nan diluted his ownership to attract talent and expertise, implementing a stock distribution system to empower employees [43][44]. - Chint Electric was listed on the Shanghai Stock Exchange in 2010, becoming the first A-share company focused on low-voltage electrical products [45]. Group 4: Global Strategy and Innovation - Chint Group has diversified into high-tech sectors such as photovoltaic power and energy storage, establishing a significant presence in renewable energy [48][49]. - The company has built nearly 800 solar power stations globally, ranking among the top ten in installed capacity [49]. - Nan emphasized the importance of maintaining quality and reputation in international markets, even at a financial loss [52][53]. Group 5: Philanthropy and Legacy - Nan Cunhui has contributed over 500 million yuan to various charitable causes, reflecting his commitment to social responsibility [57]. - His journey from a humble background to a successful entrepreneur serves as an inspiration for aspiring business leaders [60].

Investment Rating - The report maintains an "Increase" rating for the electric power equipment industry [1] Core Insights - The humanoid robot sector is expected to see significant growth, with a projected market size exceeding 15 trillion yuan and a production milestone of over 1 million units anticipated in 2025, driven by Tesla's leadership [9][10] - The electric vehicle market is experiencing a price war among manufacturers, with a projected annual sales growth of 30% [11] - The energy storage sector is poised for robust growth, particularly in emerging markets, with a compound annual growth rate (CAGR) of 20-40% expected from 2025 to 2028 [11] Industry Trends - The electric power equipment sector has shown varied performance, with nuclear power increasing by 3.8% and electric equipment declining by 2.44% in the recent week [5] - The humanoid robot industry is witnessing rapid advancements, including significant funding and product launches from various companies [5] - The energy storage market in the U.S. is projected to double its installation capacity in 2025, with significant contributions from large-scale projects [11][15] Company Highlights - Companies like CATL, BYD, and LONGi Green Energy are highlighted as key players with strong growth potential in their respective sectors [8] - Tesla's humanoid robot production is expected to ramp up significantly, with thousands of units planned for release by the end of the year [9] - The report emphasizes the importance of supply chain leaders in the humanoid robot sector, recommending companies involved in core components such as actuators and sensors [10] Investment Strategy - The report suggests a bullish outlook on the humanoid robot sector, recommending investments in leading suppliers and technology companies [9] - For the electric vehicle market, it highlights the importance of maintaining competitive pricing and anticipates continued sales growth [11] - In the energy storage sector, the report recommends focusing on companies that are well-positioned to benefit from emerging market demands and technological advancements [11]

Core Viewpoint - The speech by Nan Cunhui emphasizes the challenges faced by industries, particularly in the context of global trade disruptions and the need for innovation to sustain growth in a competitive environment [3][5]. Group 1: Industry Challenges - The global trade order is experiencing severe shocks, with increasing trade barriers and a restructuring of global supply chains amid intense geopolitical competition [3]. - The photovoltaic industry is undergoing deep adjustments, leading many companies to face transformation pains and survival crises [3][7]. Group 2: Company Performance - In 2024, the company achieved a revenue of 178 billion yuan, representing a 15% year-on-year growth, showcasing its ability to maintain a good growth level despite a challenging environment [3]. - The company has established a "3+2" development framework, focusing on three major industry sectors: green energy, smart electrical, and low-carbon intelligence, along with international and innovation incubation platforms [5]. Group 3: Innovation and Strategy - The company promotes an innovation culture that respects success and tolerates failure, driving growth through a focus on demand pain points and long-term strategies [5]. - The company has adopted a new operational model characterized by high technology, light assets, platformization, and service orientation to navigate industry challenges [7]. Group 4: Global Expansion - The company has implemented a localization strategy for over 20 years, establishing R&D centers, subsidiaries, distribution networks, logistics centers, and manufacturing bases in over 140 countries and regions [9]. - The company aims to align its management systems with international standards while adapting to local conditions to enhance its global business development [9].

证券代码：601877 证券简称：正泰电器 公告编号：临 2025-032 浙江正泰电器股份有限公司 关于召开 2024 年度暨 2025 年第一季度业绩说明会的公告 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： ● 会议召开时间：2025 年 6 月 6 日（星期五）下午 16:00-17:00 ● 会议召开地点：上海证券交易所上证路演中心（网址：https://roadshow.sseinfo.com/） ● 会议召开方式：上证路演中心网络互动 ● 投资者可于 2025 年 5 月 29 日（星期四）至 6 月 5 日（星期四）16:00 前登录上证路 演中心网站首页点击"提问预征集"栏目或通过公司邮箱 chintzqb@chint.com 进行提问。公 司将在说明会上对投资者普遍关注的问题进行回答。 浙江正泰电器股份有限公司（以下简称"公司"）已于 2025 年 4 月 30 日发布公司 2024 年年度报告及 2025 年第一季度报告，为便于广大投资者更全面深入地了解公司 2024 年度及 一、说明会 ...

证券代码：601877 证券简称：正泰电器 公告编号：临 2025-029 浙江正泰电器股份有限公司 关于职工代表大会决议的公告 公司职工代表大会于 2025 年 5 月 23 日召开，会议专题讨论了关于推荐职工代表出任公 司第十届董事会职工代表董事的议案，会议通过民主选举的方式，选举林贻明先生担任公司 第十届董事会职工代表董事。 附件：林贻明先生简历 林贻明，男，1977 年出生，研究生学历，中国注册会计师。曾任杜邦纤维（中国）有 限公司财务主管，赛默飞世尔科技（中国）有限公司财务经理，韩华新能源有限公司财务总 监，浙江正泰太阳能科技有限公司副总裁，上海诺雅克电气有限公司副总经理，浙江正泰新 能源开发有限公司副总裁、财务总监等。现任正泰集团财务有限公司董事长，浙江民营企业 联合投资股份有限公司董事，正泰新能科技股份有限公司董事，浙江正泰仪器仪表有限责任 公司董事，本公司职工代表董事、副总裁、财务总监。曾荣获浙江省总会计师协会第七届"浙 江省优秀总会计师"，哈佛商业评论&财经杂志&思爱普(SAP) 鼎革奖"数字化转型先锋榜 中国 CFO 发展中心& C2FO"2019 中国国际财务领袖年度人物"，中国 CFO ...