Core Viewpoint - Shenma Power (603530.SH) announced that Ms. Chen Xiaoqin plans to reduce her holdings by a total of up to 12,950,536 shares, which represents no more than 3% of the company's total share capital [1] Summary by Category - **Share Reduction Details** - Ms. Chen Xiaoqin intends to reduce her holdings through centralized bidding and block trading methods, with a maximum of 4,316,845 shares (1% of total share capital) to be sold via centralized bidding [1] - Additionally, up to 8,633,691 shares (2% of total share capital) will be sold through block trading [1]

Core Viewpoint - Shenma Electric Power (603530.SH) announced a plan for share reduction by Ms. Chen Xiaoqin, which will take place within three months after the announcement date [1] Summary by Categories Share Reduction Plan - Ms. Chen Xiaoqin intends to reduce her holdings by a total of up to 12,950,536 shares, which represents no more than 3% of the company's total share capital [1] - The reduction will be executed through two methods: up to 4,316,845 shares (1% of total share capital) via centralized bidding and up to 8,633,691 shares (2% of total share capital) through block trading [1]

证券代码：603530 证券简称：神马电力 公告编号：2025-074 江苏神马电力股份有限公司 关于持股 5%以上股东减持股份计划公告 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： 大股东持股的基本情况：截至本公告披露日，江苏神马电力股份有限公 司（以下简称"公司"）持股 5%以上股东陈小琴女士持有公司无限售流通股份 71,702,102 股，占公司总股本的 16.61%，其所持股份全部来源于公司首次公开发 行前股份。 减持计划的主要内容：本公告发布之日起 15 个交易日后的 3 个月内，陈 小琴女士拟通过集中竞价交易和大宗交易方式合计减持不超过 12,950,536 股，即 不超过公司总股本的 3%。其中，以集中竞价方式减持不超过 4,316,845 股（不超 过公司总股本的 1%），以大宗交易方式减持不超过 8,633,691 股（不超过公司总 股本的 2%）。若计划减持期间公司发生送股、资本公积转增股本等股份变动事 项，减持股份数量相应调整。 | 股东名称 | 陈小琴 | | | | | - ...

Core Viewpoint - The major shareholder of Jiangsu Shenneng Electric Co., Ltd., Ms. Chen Xiaoqin, plans to reduce her shareholding by up to 12,950,536 shares, which is 3% of the company's total share capital, within three months starting from September 17, 2025 [1][2][3] Shareholder Reduction Plan - The reduction will be executed through centralized bidding and block trading, with a maximum of 4,316,845 shares (1% of total share capital) through centralized bidding and 8,633,691 shares (2% of total share capital) through block trading [1][2] - The reason for the reduction is personal funding needs [3] - The reduction period is set from September 17, 2025, to December 16, 2025 [2] Shareholder Background - Ms. Chen Xiaoqin holds 71,702,102 shares, representing 16.61% of the company [2][3] - The controlling shareholder, Shanghai Shenneng Electric Holdings Co., Ltd., holds 270,000,000 shares, which is 62.55% of the company [2] - Together with her spouse, they control 79.16% of the company [2] Compliance and Commitments - Ms. Chen has previously committed not to transfer or manage her shares for 36 months post-IPO and has adhered to this commitment [3][4] - Any reduction in shares after the lock-up period will not be below the issue price [3][4]

Group 1 - The core point of the article is that Shenma Electric (603530) announced that its shareholder Chen Xiaoqin, who holds 16.61% of the shares, plans to reduce his holdings by up to 12.95 million shares, which is no more than 3% of the company's total share capital [1] Group 2 - The reduction will be executed through centralized bidding and block trading methods [1] - The announcement was made on the evening of August 26 [1] - The total number of shares to be reduced is significant, indicating a potential shift in shareholder structure [1]

神马电力公告，截至本公告披露日，持股5%以上股东陈小琴持有7170.21万股，占公司总股本16.61%； 其计划自2025年9月17日至2025年12月16日，通过集中竞价和大宗交易方式合计减持不超过1295.05万 股，即不超过公司总股本3%。其中集中竞价方式不超过431.68万股（不超过1%），大宗交易方式不超 过863.37万股（不超过2%），相关股份均来源于IPO前取得。 ...

Core Viewpoint - The insulation gasket industry is experiencing steady growth driven by increasing demand in the power sector and emerging fields such as renewable energy and aerospace, with the market size in China projected to reach 15 billion yuan in 2024, a year-on-year increase of 15.4% [1][12]. Industry Overview - Insulation gaskets are critical components used in electrical equipment, power systems, and electronic components, primarily serving to isolate current, prevent short circuits, and ensure safe operation of devices [3][12]. - The market demand for insulation gaskets has been steadily increasing due to rapid economic development and advancements in industrial technology, particularly in the power industry where safety requirements are rising [1][12]. Industry Chain - The upstream of the insulation gasket industry includes raw materials such as rubber, plastic, paperboard, and composite materials, which are essential for production [8]. - The midstream involves the manufacturing process, where companies design and produce insulation gaskets using advanced production techniques [8]. - The downstream applications span various sectors including electrical, electronic, communications, automotive, and construction, highlighting the indispensable role of insulation gaskets in ensuring electrical safety [8]. Current Market Status - The insulation gasket market in China is projected to grow from 130,000 tons in 2020 to 250,000 tons by 2024, reflecting a compound annual growth rate of 17.8% [14]. - The industry has entered a competitive phase, with product quality and performance becoming key competitive factors among companies [16]. Competitive Landscape - Major companies in the insulation gasket industry include Jiangsu Shima Power Co., Ltd., Shenzhen Aochuan Technology Co., Ltd., and Kunshan Zhaoke Electronic Materials Co., Ltd., among others [16][19]. - Companies are focusing on increasing R&D investment to enhance product quality and performance while reducing production costs to meet market demands [16]. Development Trends - High-performance polymer composite materials are expected to gradually replace traditional rubber materials in insulation gaskets due to their superior properties [23]. - The demand for insulation gaskets is diversifying, with significant growth in sectors such as power grid upgrades, 5G base station construction, and the rapidly developing electric vehicle industry [24]. - The industry's transition towards greener practices is being driven by "dual carbon" goals and international regulations, leading to increased focus on environmentally friendly insulation materials [25].

（文章来源：每日经济新闻） 神马电力（SH 603530，收盘价：29.53元）8月19日晚间发布公告称，公司第五届第三十一次董事会会 议于2025年8月19日在公司行政楼会议室以现场和通讯表决方式召开。会议审议了《关于向2025年股票 期权激励计划激励对象首次授予股票期权的议案》等文件。 2024年1至12月份，神马电力的营业收入构成为：电气机械和器材制造业占比97.5%，其他业务占比 2.5%。 ...

格隆汇8月19日丨神马电力(603530.SH)公布，公司董事会认为2025年股票期权激励计划首次授予条件已 经成就，同意确定本激励计划首次授予日为2025年8月19日，向61名符合条件的激励对象授予股票期权 779.53万份，行权价格为26.47元/股。 ...

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 8 月 19 日，江苏神马电力股份有限公司（以下简称"公司"）第五 届董事会第三十一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 8 月 19 日通过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。 证券代码：603530 证券简称：神马电力 公告编号：2025-072 江苏神马电力股份有限公司 第五届董事会第三十一次会议决议公告 二、董事会会议审议情况 1、审议通过《关于向 2025 年股票期权激励计划激励对象首次授予股票期 权的议案》 表决结果：同意 5 票、反对 0 票、弃权 0 票。关联方金玲女士、吴晶女士、 张鑫鑫先生、吕兆宝先生回避表决。 根据《上市公司股权激励管理办法》《江苏神马电力股份有限公 ...