证券代码：603556 证券简称：海兴电力 公告编号：2025-005 本次变更回购股份用途并注销事项尚需提交公司股东大会审议通过后实 施。 杭州海兴电力科技股份有限公司（以下简称"公司"）于 2025 年 1 月 7 日召 开公司第四届董事会第二十一次会议审议通过了公司《关于变更回购股份用途并 注销的议案》，拟将存放于回购专用证券账户中的 2,419,870 股股份的用途由"用 于实施股权激励或员工持股计划"变更为"用于注销并相应减少注册资本"。本 次变更事项尚需提交公司股东大会审议。现将具体情况公告如下： 一、 公司回购股份实施情况 公司于 2022 年 3 月 28 日召开第四届董事会第四次会议，审议通过了《关于 以集中竞价交易方式回购公司股份的议案》，同意公司通过集中竞价交易方式以 自有资金回购公司股份，用于后续实施股权激励或员工持股计划。回购价格不超 过人民币 15 元/股（含），回购资金总额不低于人民币 3,000 万元（含）且不超 过人民币 5,000 万元（含），回购期限自董事会审议通过本次回购方案之日起 12 个月内。 杭州海兴电力科技股份有限公司 关于变更回购股份用途并注销的公告 本公司董 ...

Group 1 - The core point of the article is that Haixing Electric (603556) announced on December 30 that it is a recommended candidate for a bidding project by China Southern Power Grid, with an expected total bid amount of approximately 229 million yuan [1] Group 2 - The bidding project is part of the second batch of framework bidding for metering products in 2024 by China Southern Power Grid [1] - The announcement was made on December 27, 2024, on the unified service platform of China Southern Power Grid [1]

财联社12月30日电，海兴电力公告，公司为中国南方电网有限责任公司2024年计量产品第二批框架招标 项目的推荐中标候选人，预计中标总金额约为2.29亿元。 预中标共4个包，中标品类为单相智能电能表、三相智能电能表、宽带双模通信模块和负荷管理终端。 ...

证券代码：603556 证券简称：海兴电力 公告编号：2024-037 二、预中标项目对公司业绩的影响 公司本次预计中标总金额约为22,940.62万元，本次中标后的合同履行将对公 司未来经营业绩产生积极的影响，且不影响公司经营的独立性。 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。 中国南方电网有限责任公司于2024年12月27日在中国南方电网供应链统一 服务平台公告了"南方电网公司2024年计量产品第二批框架招标项目中标公示"， 杭州海兴电力科技股份有限公司（以下简称"公司"）为此项目推荐的中标候选人， 预计中标总金额约为22,940.62万元。现将相关预中标情况公告如下： 一、预中标项目的主要内容 公司本次预中标项目为南方电网公司2024年计量产品第二批框架招标项目 （招标编号：CG2700022001891634），该项目由中国南方电网有限责任公司委 托南方电网供应链集团有限公司作为招标代理机构采用公开招标方式进行。 根据中标公示的内容，公司本次预中标共4个包，中标品类为单相智能电能 表、三相智能电能表、宽带双 ...

Key Points Industry Overview 1. **Rapid Development Phase**: The industry is currently in a phase of rapid development from domestic to globalization [1]. 2. **Potential for Electric Equipment Export**: There is a significant opportunity for electric equipment to go overseas [1]. 3. **Global Market Potential**: The industry is expected to grow significantly in the global market [1]. 4. **High-Pressure Steel Production**: China's high-pressure steel production is already very high in the global market, with good technical content and performance [1]. 5. **Market Opportunities**: There will be many opportunities in the market, especially in Europe and the US [1]. 6. **E-commerce Growth**: E-commerce has become a more and more capital-oriented sector in the overseas market [2]. 7. **Valuation Increase**: The valuation of e-commerce companies has increased significantly in the overseas market [2]. 8. **Globalization Potential**: There are very few listed companies in China with the potential to become globalized companies in the future [2]. 9. **Market Opportunities for Large Companies**: Large companies like Samsung Healthcare, Microsoft, and CCT have potential for market opportunities [2]. 10. **Industry Barriers**: There are natural industry barriers to electronic devices, such as technical, market, and channel barriers [3]. 11. **Trade Barriers**: More and more countries are setting up trade barriers, forcing some countries to transfer their production capacity [3]. 12. **Globalization of Chinese Companies**: Most Chinese companies have the potential to become global power equipment companies [3]. 13. **Domestic Equipment Industry**: Most domestic equipment companies have little trade, procurement, and local dealer sales [3]. 14. **Business Model**: The business model is closer to the project model, with some changes in the business model [4]. 15. **Power Investment**: The strength of power investment will be weaker in the year of the presidential election, but will continue to rise in the middle to the end of the year [4]. 16. **Financial Situation**: The overall financial situation of the company is relatively stable, compared to the current state of the domestic iPhone game industry [4]. 17. **Market Opportunity for Smart Watches**: There will be a market opportunity to exchange smart watches in the future [4]. 18. **Industry Growth**: The industry will not be a trend of growth or decline, as the track is growing steadily every year [4]. 19. **Return Data**: Don't pay too much attention to return data, just look at the comparison [4]. 20. **Global Investment in E-commerce**: There may be a year of global investment in e-commerce, especially in the years of the presidential transition [4]. 21. **Sea-Leaving Opportunity**: The industry has given a sea-leaving opportunity to the retail industry for five years [4]. 22. **African Market**: There are a lot of development opportunities in the entire mining market in Africa [4]. 23. **Blockchain Space**: The space of the blockchain will be larger, including the space of new blue-chip businesses [6]. 24. **Online Business**: There is still a great opportunity for China to do online business [8]. 25. **Overseas Business**: There are some breakthroughs in some overseas business demands in urban and urban areas [9]. 26. **Product Category**: We will continue to supplement our product category to achieve continuous global growth [9]. 27. **New Energy Technologies**: We will follow some of the new energy technologies that we have developed, such as new energy wall cabinets [9]. 28. **Blockchain**: The price of a future blockchain will be around 100 to 200 yuan [12]. 29. **National Network**: The core of the national network is developed by us and our partners [13]. 30. **Overseas Market**: We will continue to expand the range of products in the overseas market [13]. 31. **New Watch**: We will start to see some breakthroughs in Europe, Africa, Latin America, and Asia next year [13]. 32. **Focus on Market Sales**: We will gradually shift our focus from product development to market sales next year [13]. 33. **Project Demand**: We have seen a lot of opportunities for project demand overseas [13]. 34. **Globalization Wave**: The wave of globalization using Chinese electronic devices has already begun [21]. 35. **Competitive Advantage**: Our products have a very obvious competitive advantage in both local companies and OV companies [21]. 36. **Industry Value**: The value of the electronic equipment industry is very likely to rebound in the next few years, especially in the future [21]. 37. **Industry Position**: The global electronic equipment industry is a very good contributor and has a very high position [21]. 38. **Industry Breakthrough**: There is a very obvious breakthrough in the reputation of our product in many countries [21]. 39. **Industry Competitiveness**: Our products have a very obvious competitive advantage in both local companies and OV companies [21]. 40. **Industry Development**: The industry is a very good stage for companies that are developing rapidly [21].

证券代码：603556 证券简称：海兴电力 公告编号：2024-036 https://ecp.sgcc.com.cn/ecp2.0/portal/#/doc/doci-win/2411262465753182_201806050117110 三、预中标项目对公司业绩的影响 公司本次预中标项目为国家电网有限公司2024年第八十一批采购（营销项目 第三次计量设备招标采购）（招标编号：0711-24OTL12922023），该项目由国 家电网公司委托国网物资有限公司为招标代理机构采用公开招标方式进行。 本次智能电能表及用电信息产品招标共分七个分标，其中：第一分标，A级 单相智能电能表；第二分标，B级三相智能电能表；第三分标，C级三相智能电 能表；第四分标，D级三相智能电能表；第五分标，高端智能电能表；第六分标， 集中器及采集器；第七分标，专变采集终端。 二、预中标公示主要内容 根据推荐的中标候选人公示的内容：公司本次预中标共 9 个包，合计总数量 680,500 只，总金额 21,996.70 万元。其中：A 级单相智能电能表中标数量 510,000 只，金额为 8,453.47 万元；B 级三相智能电能表中标数 ...

Investment Rating - The report maintains an "OUTPERFORM" rating for the company [2][11]. Core Insights - The company's revenue and net profit for the first three quarters of 2024 met market expectations, with revenue of Rmb 3.41 billion, up 18.69% year-on-year, and net profit of Rmb 791 million, up 18.34% year-on-year [6][13]. - The gross profit margin for the first three quarters of 2024 was 45.97%, an increase of 5.84 percentage points year-on-year, indicating strong profitability [6][13]. - The new energy business is expected to become a significant growth driver, with successful initiatives in various global markets [7][14]. - The bidding for smart meters by China Southern Power Grid exceeded expectations, with a total bidding amount projected to reach Rmb 8.84 billion in 2024, a 93.2% increase year-on-year [7][14]. Financial Summary - Revenue projections for 2024 to 2026 are Rmb 5.29 billion, Rmb 6.56 billion, and Rmb 7.97 billion respectively, with net profit estimates of Rmb 1.19 billion, Rmb 1.50 billion, and Rmb 1.83 billion [5][12]. - The diluted EPS is expected to grow from Rmb 2.01 in 2023 to Rmb 3.74 in 2026, reflecting strong earnings growth [5][12]. - The company maintains a healthy return on equity (ROE), projected to rise from 15.6% in 2023 to 21.4% in 2026 [5][12].

Key Points Industry and Company Involved - **Industry**: Power meters and manufacturing in Indonesia - **Company**: Haisen Power, a power meter company in Indonesia Core Views and Arguments - **Haisen Power's Success**: Haisen Power is profitable with a net profit margin of nearly 20%, making it one of the most profitable companies in the industry. - **Indonesia's Growth**: Indonesia is experiencing rapid growth, similar to China in the 1990s and 2000s. The country's population growth and increasing wages contribute to this growth. - **Local Consumption**: Local consumption is primarily driven by basic needs like food and housing. There is a growing demand for consumer goods like mobile phones and motorcycles. - **Export Potential**: Indonesia's export growth is strong, and the country is likely to continue growing. The government's focus on industrial development and infrastructure investment supports this growth. - **Investment Opportunities**: Indonesia presents investment opportunities in manufacturing and consumer goods sectors. The country's low labor costs and growing middle class make it an attractive destination for foreign investment. Other Important Points - **Local Labor Market**: Wages in Indonesia are relatively low, with most workers earning between 2500 and 3000 RMB per month. The wage growth rate is between 3% and 5%, which is similar to the inflation rate. - **Competitive Landscape**: The power meter market in Indonesia is relatively stable, with Haisen Power holding a 30% market share. Other competitors include Ningbo Sanxing and Weisheng. - **Government Policies**: The Indonesian government is supportive of industrial development and infrastructure investment. The government's focus on reducing poverty and improving living standards also supports economic growth. - **Challenges**: Indonesia faces challenges like infrastructure bottlenecks and political instability. However, the country's strong economic growth potential offsets these challenges. - **Future Outlook**: Indonesia's economic growth is expected to continue in the coming years. The country's young population and increasing middle class will drive demand for consumer goods and services.

29 30 31 32 | 0 1 | | --- | | 优化治理 | | 基业长青 | | 规范三会运作 | 17 | | --- | --- | | 强化风险管理 | 21 | | 保护投资者权益 | 23 | | 合规与商业道德 | 26 | | 坚持党建引领 | 29 | | 02 | | | --- | --- | | 绿色行动 | | | 守护未来 | | | 环境合规管理 | 35 | | 应对气候变化 | 41 | | 高效利用资源 | 49 | | 污染物与废弃物 | 50 | 目 录 CONTENTS | 关于本报告 | 01 | | --- | --- | | 走进海兴电力 | 03 | | 可持续发展管理 | 11 | | 未来展望 | 117 | | --- | --- | | 附录 | 119 | 29 30 31 32 杭州海兴电力科技股份有限公司 2023年度环境、社会及治理（ESG）报告 01 02 关于本报告 报告说明 本报告是杭州海兴电力科技股份有限公司对外公开发布的首份环境、社会及治理（ESG）报告，旨 在披露海兴电力及附属公司在环境、社会以及公司治理方面的理念、进展 ...