Core Viewpoint - The news highlights the significant growth potential in the heat pump industry, driven by a government action plan aimed at enhancing production, technology, and application by 2030 [1][2]. Group 1: Industry Development - The National Development and Reform Commission has issued a notification to promote high-quality development in the heat pump industry, targeting a 20% increase in energy efficiency for key heat pump products by 2030 [1]. - The action plan emphasizes breakthroughs in core technologies such as high-power high-temperature heat pumps, efficient compressors, and new refrigerants [1]. - There is a focus on increasing the application area of heat pumps in buildings and the installed capacity of heat pump units [1]. Group 2: Research and Innovation - The plan calls for intensified research on various types of heat pumps, including cold and heat source heat pumps and transcritical carbon dioxide heat pumps [1]. - Key technological advancements are encouraged, including low-noise, large-capacity, high-efficiency, and effective defrosting technologies [1]. - The establishment of national-level technology innovation platforms and collaborative innovation systems is supported to facilitate the transition from research to industrial application [1]. Group 3: Financial and Policy Support - The government aims to leverage investment to amplify financial support, encouraging financial institutions to increase credit for heat pump promotion and upgrades [2]. - Existing tax incentives will be reinforced to support the adoption of efficient heat pump technologies listed in various national directories [2]. - There is a push to include heat pump projects in the support direction for green low-carbon advanced technology demonstration projects [2].

Core Points - The company has approved the use of up to RMB 50 million of idle raised funds for cash management, with a usage period not exceeding 12 months from the board meeting date [2] - The company redeemed RMB 40 million of previously invested idle funds, earning interest of RMB 264,300 [1][2] Group 1: Cash Management Approval - The company held its fourth board meeting on December 5, 2024, where it approved the continued use of idle raised funds for cash management [2] - The approved amount for cash management is up to RMB 50 million, with a maximum duration of 12 months [2] Group 2: Redemption and Investment Details - On December 10, 2024, the company invested RMB 40 million in structured deposit products from Industrial Bank [2] - The total interest earned from the previous investment was RMB 264,300 [1][2] - All funds invested in financial products have been fully redeemed as of the announcement date [2]

| 证券代码：603757 | 证券简称：大元泵业 | 公告编号：2025-005 | | --- | --- | --- | | 债券代码：113664 | 债券简称：大元转债 | | 浙江大元泵业股份有限公司 关于使用部分闲置募集资金进行现金管理 到期赎回的公告 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： ●前次使用部分闲置募集资金进行现金管理的金额为人民币4,000万元，本 次赎回金额共计人民币4,000万元，取得利息共计人民币26.43万元。 一、公司使用部分闲置募集资金进行现金管理到期赎回的情况 公司于 2024 年 12 月 10 日使用闲置募集资金人民币 4,000 万元购买了兴业 银行企业金融人民币结构性存款产品（产品编号：CC35241206007-00000000、 CC35241206008-00000000），购买理财的金额及期限均在董事会的授权范围内。 具体内容详见公司于 2024 年 12 月 11 日在《上海证券报》《中国证券报》《证券 时报》及上海证券交易所网站（www ...

Investment Rating - The report does not explicitly state an investment rating for the industry or the specific company being analyzed [1]. Core Insights - The company, Dayuan Pump Industry, has seen a decline in revenue for agricultural and household pumps due to external factors and high base effects from the previous year. However, with the introduction of supportive national policies and a potential recovery in the external environment, the company aims to overcome these challenges and achieve stable growth in 2025 [23][25]. - The company has minimal exposure to the U.S. market currently, with limited impact from tariffs. There is significant demand in the North American market, and the company is preparing to diversify its supply capabilities by establishing a factory in Thailand [23]. - The company plans to increase R&D investment and expand its product offerings, particularly in the household and industrial sectors, while focusing on opportunities in energy-saving pumps in Europe and liquid cooling temperature control in China [25]. - The company holds a strong market position in the liquid cooling temperature control sector, benefiting from established relationships with major domestic clients and a proven track record in various applications [26][27]. Summary by Sections Research Basic Information - The research was conducted on Dayuan Pump Industry, which operates in the general equipment sector, on February 28, 2025. The meeting involved the company's board secretary and the sales head of its temperature control business [13]. Detailed Research Institutions - Various institutions participated in the research, including insurance asset management companies, securities firms, and fund management companies, indicating a diverse interest in the company's performance [14][18]. Main Content Information - The company discussed the reasons for revenue decline in agricultural and household pumps, the impact of tariffs on U.S. market operations, and its plans for R&D and product expansion. The company also highlighted its competitive advantages in the liquid cooling temperature control market, including market presence, product reliability, and brand influence [23][25][26][27].

浙江大元泵业股份有限公司 舆情管理制度 第一章 总 则 第一条 为提高浙江大元泵业股份有限公司（以下简称"公司"）应对各类 舆情的能力，建立快速反应和应急处置机制，及时、妥善处理各类舆情对公司股 票价格、商业信誉及正常生产经营活动造成的影响，切实保护投资者合法权益， 根据《上海证券交易所股票上市规则》等相关法律法规和《浙江大元泵业股份有 限公司章程》（以下简称"《公司章程》"）的规定，结合公司实际情况，制订 本制度。 第二条 本制度所称舆情包括： （一）报刊、电视、网络等媒体对公司进行的负面报道或不实报道； 第二章 舆情管理的组织体系及其工作职责 第三条 公司成立舆情管理工作领导小组（以下简称"舆情小组"），由公司 董事长任组长，董事会秘书任副组长，小组成员由公司其他高级管理人员组成。 第四条 舆情小组是公司应对各类舆情（主要是重大舆情）处理工作的领导 机构，统一领导公司应对舆情的处理工作，就相关工作做出决策和部署，根据需 要研究决定公司对外发布的相关信息，主要工作职责包括： （一）决定启动和终止舆情处理工作的相关事宜； （二）决定舆情的处理方案； （三）协调和组织舆情处理过程中的对外宣传报道工作； （四）舆 ...

浙江大元泵业股份有限公司 第四届监事会第五次会议决议公告 本公司监事会及全体监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。 | 证券代码：603757 | 证券简称：大元泵业 | 公告编号：2025-003 | | --- | --- | --- | | 债券代码：113664 | 债券简称：大元转债 | | 二、监事会会议审议情况 一、监事会会议召开情况 （一）浙江大元泵业股份有限公司（以下简称"公司"）第四届监事会第五 次会议（以下简称"本次会议"）通知于 2025 年 2 月 7 日通过电子邮件方式送达 全体监事，现场会议于 2025 年 2 月 14 日在公司总部会议室召开； （二）本次会议应参加监事 3 名，实际参加监事 3 名，本次会议由公司监事 会主席李海军主持； （三）本次会议采用现场表决方式； （四）本次会议的召集、召开方式符合《中华人民共和国公司法》《上海证 券交易所股票上市规则》及《浙江大元泵业股份有限公司章程》（以下简称"《公 司章程》"）的规定。 审议通过《关于对外投资暨设立境外子公司及孙公司并建设生产基地的议案 ...

浙江大元泵业股份有限公司 第四届董事会第六次会议决议公告 | 证券代码：603757 | 证券简称：大元泵业 | 公告编号：2025-002 | | --- | --- | --- | | 债券代码：113664 | 债券简称：大元转债 | | 二、董事会会议审议情况 1、审议通过《关于对外投资暨设立境外子公司及孙公司并建设生产基地的 议案》 具体内容详见同日在上海证券交易所网站（www.sse.com.cn）及《上海证券 报》《中国证券报》《证券时报》刊登的《浙江大元泵业股份有限公司关于对外投 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 （一）浙江大元泵业股份有限公司（以下简称"公司"）第四届董事会第六 次会议（以下简称"本次会议"）通知于 2025 年 2 月 7 日通过电子邮件方式送达 全体董事，现场会议于 2025 年 2 月 14 日在公司总部会议室召开； （二）本次会议应出席董事 9 名，实际出席董事 9 名，本次会议由公司董事 长韩元平主持，公司监事、高级管理人员列席会议； （三 ...

累计转股情况：截止 2024 年 12 月 31 日，累计共有 104,000 元"大元转 债"转为公司普通股，累计转股数量为 4,760 股，占"大元转债"转股前公司已 发行股份总额的 0.0029%。 未转股可转债情况：截止 2024 年 12 月 31 日，尚未转股的"大元转债" 金额为 449,896,000 元，占可转债发行总量的比例为 99.9769%。 | | | 浙江大元泵业股份有限公司 关于可转债转股结果暨股份变动的公告 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： 第四季度转股情况：自 2024 年 10 月 1 日至 2024 年 12 月 31 日期间，共 有 35,000 元"大元转债"转为公司普通股，转股数量为 1,682 股。 一、可转债发行上市概况 （一）经中国证券监督管理委员会出具的《关于核准浙江大元泵业股份有限 公司公开发行可转换公司债券的批复》（证监许可[2022] 2369号）的核准，浙 江大元泵业股份有限公司（以下简称"公司"）于2022年12月5日公开发行了4 ...

Group 1: Company Development Outlook - The company anticipates a recovery in development due to low bases in Q4 of last year and Q1 of this year, alongside supportive national policies [2] - Confidence in future growth is bolstered by emerging opportunities in industrial, commercial, and residential sectors, as well as trends in domestic product substitution and industry consolidation [2] Group 2: European Heat Pump Industry - Recent subsidy policies in Germany and the EU indicate strong governmental support for the heat pump industry, enhancing demand certainty [3] - The future of the heat pump sector is closely tied to government guidance and the optimization of the supply chain by major manufacturers [3] Group 3: Agricultural Pump Business - The agricultural pump sector is highly correlated with domestic macroeconomic conditions, with potential improvements expected from effective economic policies [3] - Increased pressure on smaller companies due to stricter environmental regulations and technological upgrades may lead to market consolidation, presenting growth opportunities for focused enterprises [3] Group 4: Industrial and Liquid Cooling Pumps - The chemical pump business is seeing new demand from regions like the Middle East and Southeast Asia, with plans for increased investment and market expansion [4] - The liquid cooling pump market is thriving, particularly in new energy management sectors, with ongoing collaboration with key industry clients [4] Group 5: Pricing and Dividend Policies - The pricing structure for household energy-saving pumps in Europe remains stable due to high entry barriers in technology and market development [4] - The company has implemented a share buyback totaling CNY 117 million in 2024, representing over 60% of the net profit attributable to shareholders for the first three quarters [5]