9月9日，中电电机涨5.27%，截至发稿，报26.95元/股，成交3.56亿元，换手率5.79%，总市值63.39亿 元。 资料显示，中电电机股份有限公司位于江苏省无锡市高浪东路777号，成立日期2003年4月8日，上市日 期2014年11月4日，公司主营业务涉及大中型交、直流电机的研发设计、生产和销售。主营业务收入构 成为：交流电机52.75%，风力电机20.86%，直流电机13.35%，其他13.04%。 责任编辑：小浪快报 汇丰晋信中小盘股票（540007）成立日期2009年12月11日，最新规模9.14亿。今年以来收益38.86%，同 类排名686/4222；近一年收益66.53%，同类排名1212/3798；成立以来收益235.23%。 汇丰晋信中小盘股票（540007）基金经理为郑小兵。 截至发稿，郑小兵累计任职时间2年65天，现任基金资产总规模20.36亿元，任职期间最佳基金回报 60.59%， 任职期间最差基金回报51.51%。 从基金十大重仓股角度 数据显示，汇丰晋信基金旗下1只基金重仓中电电机。汇丰晋信中小盘股票（540007）二季度增持 133.13万股，持有股数234.78万股，占基金 ...

Market Overview - The electric motor sector experienced a significant increase of 5.12% on the trading day, with N Huaxin leading the gains [1] - The Shanghai Composite Index closed at 3812.51, up 1.24%, while the Shenzhen Component Index closed at 12590.56, up 3.89% [1] Stock Performance - N Huaxin (603370) saw a remarkable rise of 272.58%, closing at 69.30, with a trading volume of 280,100 shares and a transaction value of 19.89 billion [1] - Other notable performers included: - China Electric Motor (603988) up 10.02% to 25.15 with a transaction value of 368 million [1] - Wolong Electric Drive (600580) up 10.00% to 38.50 with a transaction value of 1.04 billion [1] - Ocean Electric Motor (002249) up 5.85% to 8.14 with a transaction value of 867 million [1] Capital Flow - The electric motor sector saw a net inflow of 2 billion from institutional investors, while retail investors experienced a net outflow of 1.9 billion [1] - Detailed capital flow for selected stocks includes: - Wolong Electric Drive (600580) had a net inflow of 1.22 billion from institutional investors [2] - N Huaxin (603370) attracted 571 million from institutional investors but saw a significant outflow of 1.09 billion from retail investors [2] - China Electric Motor (603988) had a net inflow of 108 million from institutional investors [2]

Market Overview - The electric motor sector experienced a decline of 0.71% on the previous trading day, with Xiangdian Co. leading the losses [1] - The Shanghai Composite Index closed at 3813.56, down 1.16%, while the Shenzhen Component Index closed at 12472.0, down 0.65% [1] Stock Performance - Notable gainers included Wolong Electric Drive, which rose by 8.25% to a closing price of 37.28, with a trading volume of 3.25 million shares [1] - Other stocks such as Jiangte Electric and Zhongdian Electric saw declines of 1.39% and 1.52%, respectively [1] - Xiangdian Co. reported a significant drop of 5.80%, closing at 14.93, with a trading volume of 509,900 shares and a transaction value of 778 million [2] Capital Flow - The electric motor sector saw a net inflow of 149 million from institutional investors, while retail investors experienced a net outflow of 1.56 billion [2] - Major stocks like Wolong Electric Drive had a net inflow of 524 million from institutional investors, while retail investors showed a significant outflow of 4.52 billion [3] - Other stocks such as Dayang Electric and Zhongdian Electric also experienced mixed capital flows, with Dayang Electric seeing a net inflow of 84.16 million from institutional investors [3]

Financial Performance - The company's total revenue for the first half of 2025 was 308 million yuan, an increase of 55.4652 million yuan compared to the same period last year, representing a year-on-year growth of 21.94% [1] - The net profit attributable to shareholders was 34.9712 million yuan, an increase of 59.7867 million yuan compared to the same period last year [1] - The company reported a negative net cash flow from operating activities of 19.2401 million yuan [1] Profitability Metrics - The latest gross profit margin was 27.52%, ranking 5th among disclosed peers, with an increase of 4.38 percentage points from the previous quarter and 5.86 percentage points from the same period last year [3] - The return on equity (ROE) was 5.24%, ranking 7th among disclosed peers, with a year-on-year increase of 9.10 percentage points [3] Efficiency Ratios - The diluted earnings per share were 0.15 yuan, an increase of 0.26 yuan compared to the same period last year [4] - The total asset turnover ratio was 0.27 times, an increase of 0.04 times year-on-year, representing a growth of 19.12% [4] - The inventory turnover ratio was 0.77 times, an increase of 0.10 times year-on-year, reflecting a growth of 14.37% [4] Shareholder Structure - The number of shareholders was 13,900, with the top ten shareholders holding 162 million shares, accounting for 69.00% of the total share capital [4] - The largest shareholder, Beijing Gaodi Resource Development Co., Ltd., holds 30.00% of the shares [4]

Financial Performance - The company reported a total revenue of 308 million yuan for the first half of 2025, representing a year-on-year increase of 21.94% [1] - The net profit attributable to shareholders reached 34.97 million yuan, a significant increase of 240.92% compared to the previous year [1] - In Q2 2025, total revenue was 190 million yuan, up 33.48% year-on-year, while net profit for the quarter was 30.77 million yuan, reflecting a remarkable increase of 581.47% [1] - The gross margin improved to 27.52%, with a year-on-year increase of 35.48%, and the net margin was 11.34%, up 215.57% [1] Cost and Expenses - Total selling, administrative, and financial expenses amounted to 37.33 million yuan, accounting for 12.11% of revenue, down 19.38% year-on-year [1] - The company reported a significant decrease in accounts receivable by 22.62%, totaling 222 million yuan [1] Cash Flow and Assets - The company’s cash flow from operating activities showed a negative value of -0.08 yuan per share, a drastic decrease of 1784.48% year-on-year [1] - Cash and cash equivalents increased by 31.23% to 106 million yuan [3] Investment and Returns - The company experienced a 151.73% increase in trading financial assets due to new investment in financial products [3] - Investment income increased due to higher gains from the sale of equity investments [5] Fund Holdings - The largest fund holding in the company is the GF Strategy Preferred Mixed Fund, with a scale of 2.555 billion yuan and a recent net value increase of 0.98% [9]

Summary of Key Points Core Viewpoint - 中电电机's shareholder count decreased significantly while the average shareholding value increased, indicating a potential shift in investor sentiment despite a notable stock price increase during the same period [1][2]. Group 1: Shareholder Statistics - As of June 30, 2025, 中电电机 had 13,877 shareholders, a decrease of 3,202 shareholders or 18.75% from March 31, 2025 [1][2]. - The average number of shares held per shareholder increased from 13,800 shares to 16,900 shares, with an average shareholding value of 455,400 yuan [1][2]. - The average shareholder count in the electric motor industry is 48,700, indicating 中电电机's shareholder count is below the industry average [1]. Group 2: Stock Performance - From March 31, 2025, to June 30, 2025, 中电电机's stock price increased by 37.91%, despite the reduction in shareholder count [1][2]. - During this period, the net outflow of main funds was 64.4 million yuan, while retail investors saw a net inflow of 114 million yuan [2]. - The stock was listed on the龙虎榜 once during this period, with one institutional special seat appearing [2].

Group 1 - The core viewpoint of the article highlights that China Electric Motor (SH 603988) held its sixth fourth board meeting on August 28, 2025, to review the semi-annual report and related documents [1] - For the year 2024, the company's revenue composition is entirely from machinery, with a 100.0% share [1] - As of the report, China Electric Motor has a market capitalization of 5.5 billion yuan [1] Group 2 - The article mentions that nearly 120 brands and 1,600 vehicles are competing in the southwestern market, indicating a significant expansion in the automotive sector [1] - The first A-class car exhibition in the second half of the year is expected to reshape the market dynamics for new energy vehicles [1]

证券代码：603988 证券简称：中电电机 公告编号：临 2025-034 中电电机股份有限公司 第六届董事会第四次会议决议公告 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。 2025 年 8 月 30 日 1 中电电机股份有限公司（以下简称"公司"）第六届董事会第四次会议于 2025 年 8 月 28 日上午 10:00 在北京市朝阳区华贸写字楼 2 座 13 层公司会议室以 现场结合通讯方式召开，本次会议通知于 2025 年 8 月 18 日以电子通讯方式通知 全体董事和监事。会议由董事长轩秀丽女士召集并主持，会议应出席董事 9 人， 实际出席董事 9 人。公司全体监事和高级管理人员列席会议。本次会议的召集和 召开程序符合《中华人民共和国公司法》和《中电电机股份有限公司章程》的规 定，会议合法有效。 二、董事会会议审议情况 1、审议并通过《关于 2025 年半年度报告及摘要的议案》 表决结果：同意：9 票；反对：0 票；弃权：0 票。 本议案已经公司董事会审计委员会全体委员审议通过。 具体内容详见上海证券交易所网站 ...

一、董事会会议召开情况 中电电机股份有限公司（以下简称"公司"）第六届董事会第四次会议于 现场结合通讯方式召开，本次会议通知于 2025 年 8 月 18 日以电子通讯方式通知 全体董事和监事。会议由董事长轩秀丽女士召集并主持，会议应出席董事 9 人， 实际出席董事 9 人。公司全体监事和高级管理人员列席会议。本次会议的召集和 召开程序符合《中华人民共和国公司法》和《中电电机股份有限公司章程》的规 定，会议合法有效。 二、董事会会议审议情况 表决结果：同意：9 票；反对：0 票；弃权：0 票。 证券代码：603988 证券简称：中电电机 公告编号：临 2025-034 中电电机股份有限公司 第六届董事会第四次会议决议公告 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。 表决结果：同意：9 票；反对：0 票；弃权：0 票。 本议案已经公司董事会审计委员会全体委员审议通过。 具体内容详见上海证券交易所网站（www.sse.com.cn）《中电电机关于 2025 年半年度计提资产减值准备的公告》。 特此公告。 中电电机股份有限 ...

Core Viewpoint - The report highlights significant growth in revenue and net profit for SEC Electric Machinery Co., Ltd. in the first half of 2025, driven by increased market expansion and improved operational efficiency [2][4][13]. Financial Performance - The company achieved operating revenue of CNY 308.27 million, a year-on-year increase of 21.94% compared to CNY 252.81 million in the same period last year [2][4]. - The total profit reached CNY 38.09 million, a substantial increase of 252.94% from a loss of CNY 24.91 million in the previous year [2][13]. - Net profit attributable to shareholders was CNY 34.97 million, up 240.92% from a loss of CNY 24.82 million [2][4][13]. - The net cash flow from operating activities was negative at CNY -19.24 million, a significant decrease from CNY 1.14 million in the previous year [2][13]. Business Overview - The main business focus is on the manufacturing of large and medium-sized electric motors, generators, and related power systems, with a strong emphasis on R&D and innovation [3][4][6]. - The company operates under an order-based production model, tailoring products to customer specifications and providing comprehensive after-sales services [3][4]. Market and Industry Context - The electric machinery and equipment manufacturing industry saw a 6.4% increase in industrial value added, with the electrical machinery sector growing by 7.0% in the first half of 2025 [3][4]. - The small and medium-sized motor industry experienced stable production and sales growth, with an increase in total industry profits and improved cost-profit ratios [3][4]. Competitive Advantages - The company holds 47 valid patents, including 21 invention patents, and has been recognized as a high-tech enterprise in Jiangsu Province [6][8]. - The company emphasizes quality management and has established a comprehensive quality assurance system, achieving various international certifications [9][10]. Strategic Developments - The company plans to diversify into upstream resource industries, including non-ferrous and precious metal investment and processing, to enhance its long-term profitability and sustainability [7][17]. - The management is focused on optimizing production processes and enhancing product quality through technological innovation and automation upgrades [6][11].