Core Viewpoint - The company acknowledges that variations in gross margins for power distribution products among different companies are normal due to differences in voltage levels, transformer capacities, application scenarios, and fields of use. However, the overall trend of the company's gross margin for power distribution products aligns with industry peers [1] Group 1 - The company is committed to continuous improvement in technology research and development, manufacturing processes, quality control, marketing services, and management efficiency to reduce costs and enhance efficiency [1] - The goal of these efforts is to maximize shareholder value [1]

证券日报网讯 1月7日，望变电气在互动平台回答投资者提问时表示，公司标杆站望来充重卡超充1号站 已经投用1号站有稳定的客户资源，但仍然需要进一步拓展客户，以提升场站运营效率；该站的另一战 略功能主要是采集物流、车辆、电池、运输成本等相关的具体数据，为公司持续拓展重卡充电领域提供 决策支持。 （文章来源：证券日报） ...

证券日报网讯 1月5日，望变电气在互动平台回答投资者提问时表示，股东减持符合相关规定，具体请 以公告为准。 （文章来源：证券日报） ...

证券代码：603191 证券简称：望变电气 公告编号：2026-001 重庆望变电气（集团）股份有限公司 2025 年 12 月对子公司提供担保的进展公告 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 | "惠泽电器"） | | 重庆惠泽电器有限公司（以下简称 | | --- | --- | --- | --- | --- | --- | | | | 本次担保金额 | 900.00 | 万元 | | | 担 对 | 保 象 | 实际为其提供的担保余额 | 1,033.75 | 万元 | | | | | 是否在前期预计额度内 | 是 | □否 | □不适用：_________ | | | | 本次担保是否有反担保 | 是 | 否 | □不适用：_________ | 累计担保情况 | 对外担保逾期的累计金额（万元） | 0.00 | | --- | --- | | 截至 12 月末上市公司及其控股 | 130,374.10 | | 子公司对外担保总额（万元） ...

为了规范募集资金的管理和使用，保护投资者权益，本公司依照《中华人 民共和国公司法》《中华人民共和国证券法》《上海证券交易所股票上市规则》 《上海证券交易所上市公司自律监管指引第 1 号——规范运作》等法律法规， 结合公司实际情况，制定了《重庆望变电气（集团）股份有限公司募集资金管 理制度》（以下简称"《管理制度》"），该《管理制度》经本公司 2022 年第三届 第十一次董事会审议通过，并业经本公司 2022 年第一次临时股东大会表决通过。 重庆望变电气（集团）股份有限公司 关于注销募集资金专户的公告 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个别及连带责任。 经中国证券监督管理委员会《关于核准重庆望变电气（集团）股份有限公司 首次公开发行股票批复》（证监许可[2022]490 号）核准，公司向社会公开发行 83,291,852 股，共计募集资金人民币 987,841,364.72 元，扣除发行相关费用合计 人民币 133,279,564.72 元，实际募集资金净额为人民币 854,561,800.00 元。上 述募集资金到位情况业经 ...

Core Viewpoint - The company has launched a new generation of gas-insulated metal-enclosed switchgear (C-GIS), the WBSG-40.5/1250-31.5SF6, which features systematic upgrades in core technologies and offers high reliability and intelligent distribution solutions for high-end markets such as renewable energy and data centers [1][2]. Group 1: Product Features - The WBSG-40.5 gas-insulated switchgear achieves breakthroughs in insulation, structure, and intelligence, utilizing a fully enclosed gas insulation system and advanced sealing and assembly techniques, ensuring long-term stable operation in harsh environments [1][2]. - The product's structural design reduces the footprint by over 70% compared to traditional air-insulated switchgear, enhancing space utilization for urban grid expansion and land-constrained renovation projects [1][2]. - The electrical performance includes a rated short-circuit breaking current of 31.5kA and withstand voltage levels that exceed industry standards, meeting the application needs of high-reliability scenarios such as renewable energy stations and rail transit power supply [2]. Group 2: Cost Management and Efficiency - The WBSG-40.5 is designed with a focus on lifecycle cost management, achieving systematic cost reductions in operation, maintenance, installation, and upgrades, with a fully enclosed structure that minimizes maintenance needs [2]. - Intelligent monitoring and early warning functions can reduce unplanned outages and fault troubleshooting frequency by over 80%, significantly saving labor costs and minimizing outage losses [2]. - The installation process is streamlined with a dual-direction cable connection design and standardized modular architecture, compressing the installation and debugging cycle by approximately 40% [2]. Group 3: Strategic Positioning - The product targets high-value sectors such as photovoltaic/wind power booster stations, grid automation renovation projects, and high-end industrial parks, having already entered the national grid procurement directory [2]. - The launch of WBSG-40.5 represents a strategic upgrade for the company from a "equipment supplier" to a "system solution partner," focusing on technology and service in a competitive market [2][3]. - The company aims to deepen its R&D investment in intelligent distribution and green electrical fields, supporting energy structure transformation and the construction of new power systems, thereby driving high-quality industry development [3].

证券日报网讯12月29日，望变电气（603191）在互动平台回答投资者提问时表示，公司现有取向硅钢主 要应用于变压器制造领域。 ...

每经AI快讯，有投资者在投资者互动平台提问：请问公司生产的取向硅钢有应用于航天装备上吗？ 望变电气（603191.SH）12月29日在投资者互动平台表示，公司现有取向硅钢主要应用于变压器制造领 域。 （文章来源：每日经济新闻） ...

Core Viewpoint - The company, Wangbian Electric (603191.SH), held an employee representative meeting on December 26, 2025, to elect an employee representative director, Wang Haibo, to the fourth board of directors [1] Group 1 - The employee representative meeting approved the election of Mr. Wang Haibo as the employee representative director [1] - Mr. Wang Haibo was previously a non-employee representative director and will now serve as an employee representative director on the fourth board [1] - The composition of the board remains unchanged with Mr. Wang joining the existing eight directors [1]

格隆汇12月26日丨望变电气(603191.SH)公布，公司于2025年12月26日召开了职工代表大会选举职工代 表董事。经职工代表大会表决，同意选举王海波先生为公司第四届董事会职工代表董事。王海波先生将 与公司现有的其他8名董事共同组成公司第四届董事会，任期至第四届董事会任期届满为止。 王海波先生原为公司第四届董事会非职工代表董事，本次选举完成后，其变更为公司第四届董事会职工 代表董事，董事会人员构成不变。 ...