1、审议通过了《关于增加经营范围暨修订<公司章程>的议案》 具体内容详见公司于 2026 年 1 月 13 日在《上海证券报》、《证券时报》以 及上海证券交易所网站（www.sse.com.cn）上披露的《关于增加经营范围暨修订 <公司章程>的公告》（公告编号：2026-002）。 证券代码：603556 证券简称：海兴电力 公告编号：2026-001 杭州海兴电力科技股份有限公司 第五届董事会第八次会议决议公告 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。 一、董事会会议召开情况 2026 年 1 月 12 日，杭州海兴电力科技股份有限公司（以下简称"公司"） 第五届董事会第八次会议在公司会议室以现场结合通讯表决的方式召开。本次会 议通知于 2026 年 1 月 5 日以电子邮件的形式向各位董事发出，会议应参加董事 9 名，实际参加董事 9 名，占全体董事人数的 100%，会议由董事长周良璋先生 主持。本次会议的召集、召开以及表决程序符合《公司法》及《公司章程》的有 关规定，会议形成的决议合法有效。 二、董事会会议审 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [2] Core Insights - The company reported a revenue of 3.369 billion yuan for the first three quarters of 2025, a year-on-year decrease of 1.19%. However, the third quarter alone saw a revenue of 1.445 billion yuan, representing a year-on-year increase of 25.12% [3] - The company's net profit attributable to shareholders for the first three quarters of 2025 was 732 million yuan, down 7.48% year-on-year, but the third quarter net profit was 336 million yuan, up 30.21% year-on-year [3] - The company is experiencing a recovery in overseas electricity business and is accelerating the expansion of distribution and new energy products [3] - The company has successfully launched its smart ultrasonic water meter factory in South Africa, marking a significant step in localizing its smart water business in Africa [3] - The company has won several bids for its distribution network products across Asia, Africa, and Latin America, enhancing its collaborative development capabilities across multiple markets and product categories [3] Financial Data and Valuation - The projected revenue for 2025 is 4.953 billion yuan, with a year-on-year growth of 5.0%, and net profit is expected to be 1.049 billion yuan, reflecting a year-on-year increase of 4.7% [4] - The company’s earnings per share (EPS) for 2025 is projected to be 2.16 yuan, with a price-to-earnings (P/E) ratio of 16.5 times [4] - The gross profit margin is expected to be 45.3% in 2025, with a net profit margin of 21.2% [4] - The company’s return on equity (ROE) is projected to be 13.4% in 2025, increasing to 15.3% by 2027 [4]

Core Viewpoint - Haixing Electric Power's stock has shown a slight increase recently, with a notable performance in the past few trading days, despite a year-to-date decline in stock price [1]. Group 1: Stock Performance - On January 6, Haixing Electric Power's stock rose by 2.01%, reaching 36.06 CNY per share, with a trading volume of 75.35 million CNY and a turnover rate of 0.44%, resulting in a total market capitalization of 17.535 billion CNY [1]. - Year-to-date, the stock price has decreased by 0.93%, but it has increased by 4.31% over the last five trading days, 3.62% over the last 20 days, and 18.19% over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, Haixing Electric Power reported a revenue of 3.369 billion CNY, a year-on-year decrease of 1.19%, and a net profit attributable to shareholders of 732 million CNY, down 7.48% year-on-year [2]. - The company has distributed a total of 2.303 billion CNY in dividends since its A-share listing, with 1.213 billion CNY distributed over the past three years [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Haixing Electric Power was 24,800, a decrease of 7.43% from the previous period, with an average of 19,642 circulating shares per shareholder, an increase of 8.02% [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 8.2754 million shares, a decrease of 2.1501 million shares from the previous period, while Southern CSI 500 ETF holds 2.8166 million shares, down by 42,300 shares [3].

Core Viewpoint - The company aims to become a global leader in digital energy and smart water solutions, focusing on "electricity" and "water" as its two core development directions [2] Group 1: Electric Power Sector - The company will continue to strengthen its leading position in the smart grid market and expand its business from smart metering and distribution automation to digital energy management [2] - The goal is to not only be a supplier of equipment and solutions but also to assist power customers in their digital and energy transitions as a long-term partner [2] - The company plans to seize significant opportunities arising from global grid upgrades, high integration of distributed green electricity, and energy efficiency improvements to provide more efficient and reliable system solutions [2] Group 2: Water Sector - The strategic vision in the water sector has expanded from smart metering to broader water resource management [2] - In addition to continuing to expand its global smart water meter business, the company is strategically positioning itself in the seawater desalination market, which is a key solution for water resource management [2] - Leveraging its core technologies in energy efficiency management, automatic control, and system integration, the company aims to provide efficient and energy-saving seawater desalination facilities and overall operational solutions for regions facing water shortages [2] Group 3: Strategic Synergy - The electric power and water sectors will form a strong strategic synergy in technology, market, and resource management, jointly constructing a sustainable growth engine for the company's future [2]

Core Viewpoint - The company emphasizes talent as its most valuable asset and is committed to creating a culture of "co-creation, shared responsibility, and shared benefits" [2] Group 1: Talent and Culture - The company has established a competitive incentive system within the industry to attract and retain talent [2] - It offers attractive compensation and benefits, along with a profit-sharing plan closely tied to performance, allowing employees to share in the company's growth [2] Group 2: Shareholder Engagement - The announced share repurchase plan is intended for future employee stock ownership plans or equity incentives, aiming to align the core team with the company's long-term value and shareholder interests [2] - The company believes that combining short-term and long-term incentive models will effectively stimulate team vitality and ensure sustainable innovation and steady development [2]

证券日报网1月5日讯 ，海兴电力在接受调研者提问时表示，在股东回报方面，公司始终坚持高比例分 红政策，以切实行动回馈投资者的信任。在过去五年（2020-2024年），公司累计现金分红16.03亿元， 占归母净利润比例为46.56%，持续实施了稳定、高比例的现金分红。未来，公司仍将秉承这一原则， 即在满足战略发展，且无重大资本性支出以及对外投资计划时，继续保持利润分配政策的连续性和稳定 性，与全体股东共享公司发展的经营成果。 （文章来源：证券日报） ...

Core Viewpoint - The company is expanding its workforce as a proactive measure for future strategic development and business growth, focusing on optimizing talent structure and preparing for future business needs [1] Group 1: Workforce Expansion - The recent personnel expansion is aimed at enhancing the company's talent structure and preparing for future business growth [1] - The company is focusing on recruiting high-end R&D, domestic and international sales, and senior management talents with an international perspective [1] - This initiative is intended to provide a solid organizational foundation and talent base for ongoing technological innovation, deepening overseas market expansion, and exploring new business areas [1] Group 2: Strategic Goals - The continuous expansion of a high-quality, professional team is seen as a core pillar for the company to seize global market opportunities and achieve long-term strategic goals [1]

格隆汇1月5日丨海兴电力(603556.SH)在互动平台表示，公司近年来在委内瑞拉没有业务。 ...

格隆汇1月4日丨海兴电力(603556.SH)公布，截至2025年12月31日，公司通过集中竞价交易方式已累计 回购公司股份491.72万股，占公司总股本的比例为1.01%，回购的最高成交价格为人民币28.76元/股，最 低成交价为人民币26.20元/股，已支付的总金额为133,650,988.40元(不含交易费用)。上述回购股份符合 法律法规、规范性文件的规定及公司回购股份方案。 ...

（原标题：海兴电力(603556.SH)：累计回购491.72万股公司股份） 格隆汇1月4日丨海兴电力(603556.SH)公布，截至2025年12月31日，公司通过集中竞价交易方式已累计 回购公司股份491.72万股，占公司总股本的比例为1.01%，回购的最高成交价格为人民币28.76元/股，最 低成交价为人民币26.20元/股，已支付的总金额为133,650,988.40元(不含交易费用)。上述回购股份符合 法律法规、规范性文件的规定及公司回购股份方案。 ...