证券代码：603530 证券简称：神马电力 公告编号：2025-086 江苏神马电力股份有限公司 关于预计 2025 年度日常关联交易的公告 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。 重要内容提示： ● 本次日常关联交易事项无需提交公司股东会审议。 ● 公司日常关联交易均按照公平、公正、自愿、诚信的原则进行，不会对公 司的独立性产生影响。 一、日常关联交易基本情况 （一）日常关联交易履行的审议程序 1、独立董事专门会议审议情况 2025 年 10 月 18 日，江苏神马电力股份有限公司（以下简称"公司"）召开 第五届董事会独立董事第四次专门会议审议通过了《关于预计 2025 年度日常关 联交易的议案》，独立董事认为，本次预计关联交易是根据公司实际情况进行的 合理预测，交易双方遵循公平、公正、等价有偿的原则。关联交易的价格公平合 理，符合有关法规和《公司章程》的规定，未损害公司利益及其他股东特别是中 小股东和非关联股东的利益，不会影响公司的独立性。全体独立董事一致同意将 议案提交公司董事会审议。 2、董事会审议情况 ...

江苏神马电力股份有限公司 第五届董事会第三十三次会议决议公告 证券代码：603530 证券简称：神马电力 公告编号：2025-085 本议案已经公司第五届董事会审计委员会第十三次会议审议通过。 具体内容详见公司同日在上海证券交易所网站（www.sse.com.cn）披露的 《2025 年第三季度报告》。 （二）审议通过《关于预计 2025 年度日常关联交易的议案》 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。 一、董事会会议召开情况 2025 年 10 月 20 日，江苏神马电力股份有限公司（以下简称"公司"）第五 届董事会第三十三次会议在公司行政楼会议室以现场和通讯表决方式召开。本次 会议的会议通知和材料于 2025 年 10 月 18 日通过电子邮件、现场送达等方式送 达所有参会人员。本次会议应到董事 9 人，实到董事 9 人，董事长金书渊先生主 持本次会议，公司高级管理人员列席会议。 本次会议的召集、召开、表决程序符合《公司法》和《公司章程》等相关法 律法规的规定，会议决议合法、有效。 二、董事会会议审议情况 （一）审 ...

Financial Performance - The company's operating revenue for the third quarter reached ¥458,718,781.71, representing a year-on-year increase of 33.38%[4] - The total profit for the third quarter was ¥138,083,576.18, reflecting a significant growth of 57.96% compared to the previous year[4] - The net profit attributable to shareholders was ¥116,743,783.19, which is an increase of 56.69% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥114,967,225.51, up by 57.83% from the same period last year[4] - Basic earnings per share for the quarter were ¥0.28, a 55.56% increase compared to the previous year[5] - Total operating revenue for the first three quarters of 2025 reached ¥1,163,200,291.11, a 30% increase from ¥895,405,866.70 in the same period of 2024[19] - Operating profit for the first three quarters of 2025 was ¥326,214,544.38, up 28% from ¥253,999,986.43 in 2024[20] - Net profit for the first three quarters of 2025 was ¥277,026,026.66, representing a 29% increase compared to ¥215,600,963.58 in 2024[20] - Basic earnings per share for the first three quarters of 2025 were ¥0.66, compared to ¥0.51 in the same period of 2024[21] - The company reported a total comprehensive income of ¥276,076,334.20 for the first three quarters of 2025, compared to ¥215,592,105.66 in 2024, showing overall growth in profitability[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,695,225,176.67, an increase of 8.80% compared to the end of the previous year[5] - Total current assets as of September 30, 2025, amount to ¥1,749,646,867.80, an increase from ¥1,654,992,674.13 in the previous year[15] - Total assets amount to ¥2,695,225,176.67, up from ¥2,477,286,638.13 year-over-year[15] - Total liabilities increased to ¥1,062,747,261.80 in 2025 from ¥700,215,983.00 in 2024, indicating a significant rise in financial obligations[16] - Non-current liabilities rose to ¥361,651,611.13 in 2025, compared to ¥53,234,958.06 in 2024, reflecting a substantial increase in long-term debt[16] - Total equity attributable to shareholders decreased to ¥1,632,477,914.87 in 2025 from ¥1,777,070,655.13 in 2024, indicating a decline in shareholder value[16] Cash Flow - The company experienced a decline in cash flow from operating activities, with a net cash flow of ¥28,347,152.85, down by 67.55% year-on-year due to increased payments for strategic inventory[10] - Cash inflow from operating activities totaled ¥938,211,353.64 in the first three quarters of 2025, up from ¥662,600,176.74 in 2024[22] - Net cash flow from operating activities was $28,347,152.85, compared to $87,364,663.57 in the previous period, indicating a decrease[23] - Cash inflow from investment activities totaled $1,135,396,018.42, significantly higher than $526,246,129.64 last year[23] - Cash outflow from investment activities was $1,292,099,240.49, up from $687,465,399.68, resulting in a net cash flow from investment activities of -$156,703,222.07[23] - Cash inflow from financing activities was $603,513,225.00, compared to $139,621,418.62 in the previous period, showing substantial growth[23] - Cash outflow from financing activities increased to $626,032,519.64 from $249,906,679.06, leading to a net cash flow from financing activities of -$22,519,294.64[23] - The net increase in cash and cash equivalents was -$151,221,658.93, compared to -$183,388,089.22 last year[23] - The ending balance of cash and cash equivalents was $231,375,859.36, slightly up from $226,438,850.36 in the previous period[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 11,276[12] - Shanghai Shenneng Power Holding Co., Ltd. holds 62.55% of shares, totaling 270,000,000 shares[12] - Chen Xiaoqin holds 16.61% of shares, totaling 71,701,402 shares[12] Research and Development - Research and development expenses for the first three quarters of 2025 were ¥47,875,356.54, up from ¥35,305,524.45 in 2024, highlighting increased investment in innovation[19] Government Subsidies - The company reported a total of ¥2,018,830.90 in government subsidies related to normal business operations, contributing positively to the financial results[7] Inventory and Receivables - Accounts receivable increased to ¥732,558,140.30 from ¥596,103,430.73 year-over-year[14] - Inventory increased to ¥457,675,563.93 from ¥326,765,589.49 year-over-year[14]

Core Insights - The company reported a revenue of 1.163 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 29.91% [1] - The net profit attributable to shareholders reached 277 million yuan, with a year-on-year increase of 28.49% [1] - The non-recurring net profit was 273 million yuan, showing a year-on-year growth of 29.45% [1] - The basic earnings per share stood at 0.66 yuan [1]

Core Viewpoint - Shenneng Power (603530.SH) reported strong financial performance for the first three quarters, with significant year-on-year growth in both revenue and net profit [1] Financial Performance - The company achieved operating revenue of 1.163 billion yuan, representing a year-on-year increase of 29.91% [1] - Net profit attributable to shareholders reached 277 million yuan, up 28.49% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 273 million yuan, reflecting a year-on-year growth of 29.45% [1] - Basic earnings per share stood at 0.66 yuan [1]

人民财讯10月20日电，神马电力（603530）10月20日披露2025年三季度报告，公司第三季度实现营业收 入4.59亿元，同比增长33.38%；归母净利润1.17亿元，同比增长56.69%。前三季度实现营业收入11.63亿 元，同比增长29.91%；归母净利润2.77亿元，同比增长28.49%。 ...

神马电力公告，第三季度营收为4.59亿元，同比增长33.38%；净利润为1.17亿元，同比增长56.69%。前 三季度营收为11.63亿元，同比增长29.91%；净利润为2.77亿元，同比增长28.49%。 ...

Core Viewpoint - Shunma Electric (603530.SH) is experiencing significant growth in performance, driven by a younger management team and international business expansion, with plans to invest in factories in Vietnam and Romania [1][9]. Financial Performance - In the first half of 2025, Shunma Electric achieved operating revenue of 704 million yuan, a year-on-year increase of 27.74% [1][9]. - The net profit attributable to shareholders was 160 million yuan, reflecting a year-on-year growth of 13.60% [1][9]. - The company reported a contract income (new orders) of 978 million yuan, up 34.46% from the previous year, with domestic contract income at 515 million yuan (30.24% increase) and overseas contract income at 462 million yuan (39.50% increase) [1][9]. Management Changes - In July 2025, the actual controller and chairman, Ma Bin, resigned to promote a younger and more professional management team, with Jin Shuyuan, born in 1993, taking over as chairman [1][7][8]. - Jin Shuyuan has a background in studying abroad and has been responsible for business development in the U.S. market [2][8]. Stock Performance - Shunma Electric's stock price experienced an abnormal fluctuation, with a cumulative increase of over 20% over three consecutive trading days [3]. - As of October 14, 2025, the stock price reached 39.17 yuan per share, followed by a decline of 5.64% on October 15 [11]. Share Buyback and Shareholder Actions - The company has repurchased 7.9774 million shares, accounting for 1.8480% of the total share capital, with a total expenditure of 237 million yuan [3]. - Major shareholder Chen Xiaoqin plans to reduce her holdings by up to 12.9505 million shares, representing 3% of the total share capital, due to personal financial needs [4][5].

New Stock Issuance - New stock issuance includes 泰凯英 (code: 920020) at an issuance price of 7.50 and 超颖电子 (code: 732175) at 17.08[1] Equity Market Alerts - 上纬新材 (code: 688585) is undergoing a tender offer from September 29, 2025, to October 28, 2025[1] - 科思科技 (code: 688788) and 博瑞医药 (code: 688166) have recent announcements dated September 26, 2025, and October 10, 2025, respectively[1] - 南新制药 (code: 688189) reported severe abnormal fluctuations on October 10, 2025[1] Trading Alerts - A total of 50 stocks have trading alerts with the latest announcements on October 15, 2025, including 国光连锁 (code: 605188) and 中持股份 (code: 603903)[1] - The lowest trading alert price recorded is 1,116 for 赛恩斯 (code: 688480)[1]

Core Viewpoint - Shenneng Power (603530.SH) is experiencing a 5.2% decline in stock price, currently at 39.34 yuan, with a market capitalization of 16.98 billion yuan. The company is planning investments in Vietnam and Romania, but specific investment details are yet to be determined [1] Group 1: Investment Plans - The company is in the process of planning factory investments in Vietnam and Romania [1] - Specific investment scale and details are not yet confirmed, and the company will convene a board meeting to review related proposals soon [1] Group 2: Shareholder Actions - Major shareholder Chen Xiaoqin, holding over 5% of shares, intends to reduce holdings by up to 12.95 million shares, representing no more than 3% of the total share capital [1] - The reduction will occur between September 17, 2025, and December 16, 2025 [1] - As of October 14, 2025, Chen Xiaoqin has already reduced holdings by 50,700 shares through centralized bidding [1]