Core Viewpoint - The report highlights significant financial improvements for China Electric Motor Co., Ltd. in the first half of 2025, with notable increases in revenue and net profit compared to the previous year, alongside strategic shifts towards upstream resource industries [1][3]. Financial Performance - Total assets increased from 1,116,071,435.28 yuan to 1,138,119,170.17 yuan, reflecting a growth of 1.98% [1]. - Net assets attributable to shareholders rose from 641,394,442.53 yuan to 666,957,595.34 yuan, marking a 3.99% increase [1]. - Operating revenue grew by 21.94%, from 252,809,285.77 yuan to 308,274,528.64 yuan [1]. - Total profit surged by 252.94%, from -24,905,051.07 yuan to 38,088,943.91 yuan [1]. - Net profit attributable to shareholders improved by 240.92%, from -24,815,569.18 yuan to 34,971,152.81 yuan [1]. - The net profit after deducting non-recurring gains and losses increased by 338.45%, from -7,449,181.56 yuan to 17,762,753.31 yuan [1]. - The net cash flow from operating activities shifted from -19,240,133.16 yuan to 1,142,197.82 yuan, indicating a significant turnaround [1]. - The weighted average return on net assets increased by 9.14 percentage points, from -3.82% to 5.32% [1]. Shareholder Information - The total number of shareholders as of the report date is 13,877 [1]. - The new controlling shareholder is Beijing Gaodi Resource Development Co., Ltd., with the actual controller being Guo Wenjun, effective from December 27, 2024 [2]. Strategic Developments - The company has expanded its business scope to include upstream resource industries, specifically in non-ferrous and precious metal investment, exploration, mining, and processing [3]. - The management transition has been completed smoothly, aligning with the new strategic direction towards diversification in electric motor and upstream resource businesses [3]. - The company aims to enhance profitability and sustainable operations while exploring opportunities in upstream resource sectors such as mining and refining [3].

重要提示 中电电机股份有限公司2025 年半年度报告 中电电机股份有限公司2025 年半年度报告 1 / 128 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确 性、完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 公司代码：603988 公司简称：中电电机 中电电机股份有限公司 2025 年半年度报告 三、 本半年度报告未经审计。 四、 公司负责人轩秀丽、主管会计工作负责人王萱及会计机构负责人（会计主管人员）蔡涓声 明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告所涉及的未来计划、发展战略等前瞻性陈述，不构成公司对投资者的实质性承诺，请 投资者注意投资风险。 七、 是否存在被控股股东及其他关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况 否 2 / 128 | 第一节 | 释义 | 4 | | --- | --- | --- | | 第二节 | 公司简介和主 ...

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。 为真实、准确地反映公司资产状况和经营成果，根据《企业会计准则》和公 司会计政策的相关规定，基于谨慎性原则，公司对合并报表范围内的相关资产进 行了减值测试并计提了相应的资产减值准备，具体情况如下： 证券代码：603988 证券简称：中电电机 公告编号：临 2025-035 中电电机股份有限公司 关于 2025 年半年度计提资产减值准备的公告 说明：表中损失以"-"号填列。 二、本次计提资产减值准备对公司的影响 五、风险提示 一、本次计提资产减值准备情况概述 根据《企业会计准则》以及公司会计政策、会计估计的相关规定，为了真实、 准确地反映公司截至2025年6月30日的财务状况，本着谨慎性原则，公司对截至 2025年6月30日公司及下属子公司的资产进行了减值测试，对可能发生信用及资 产减值损失的相关资产计提减值准备。2025年半年度计提的信用减值损失和资产 减值损失合计为18,091,990.53元，具体如下表： | 科目 | 计提金额（元） | | --- | --- | | ...

Market Performance - The electric motor sector increased by 0.82% compared to the previous trading day, with Tongda Power leading the gains [1] - The Shanghai Composite Index closed at 3843.6, up 1.14%, while the Shenzhen Component Index closed at 12571.37, up 2.25% [1] Stock Performance - Key stocks in the electric motor sector showed varied performance, with Tongda Power closing at 18.82, up 2.17%, and Xiangdian Co. closing at 16.66, up 2.08% [1] - Other notable performers included Wolong Electric Drive at 33.89, up 1.99%, and Dayang Electric at 8.40, up 1.57% [1] Trading Volume and Value - The trading volume and value for Tongda Power reached 115,600 hands and 214 million yuan, respectively [1] - Wolong Electric Drive had a trading volume of 1,676,900 hands and a trading value of 5.596 billion yuan [1] Capital Flow - The electric motor sector experienced a net outflow of 733 million yuan from institutional investors, while retail investors saw a net inflow of 605 million yuan [2] - Speculative funds had a net inflow of 128 million yuan into the sector [2] Individual Stock Capital Flow - Wolong Electric Drive had a net outflow of 29.68 million yuan from institutional investors, while retail investors contributed a net inflow of 2.29 million yuan [3] - Huayang Intelligent saw a net inflow of 1.05 million yuan from institutional investors, with retail investors contributing a net inflow of 518.74 million yuan [3]

Market Performance - The electric motor sector increased by 0.99% compared to the previous trading day, with Kangping Technology leading the gains [1] - The Shanghai Composite Index closed at 3825.76, up 1.45%, while the Shenzhen Component Index closed at 12166.06, up 2.07% [1] Stock Performance - Kangping Technology (300907) closed at 40.90, with a rise of 7.49% and a trading volume of 91,400 shares, amounting to a transaction value of 366 million yuan [1] - Other notable performers include Zhaowei Electric (003021) with a 3.11% increase, closing at 125.56, and Xiangdian Co. (600416) with a 1.82% increase, closing at 16.74 [1] Fund Flow Analysis - The electric motor sector experienced a net outflow of 531 million yuan from institutional investors, while retail investors saw a net inflow of 584 million yuan [2] - The detailed fund flow for specific stocks shows that Kangping Technology had a net inflow of 33.45 million yuan from institutional investors, while Xiangdian Co. had a net outflow of 53.06 million yuan [3]

Market Overview - The electric motor sector increased by 1.06% on the previous trading day, with Kangping Technology leading the gains [1] - The Shanghai Composite Index closed at 3666.44, down 0.46%, while the Shenzhen Component Index closed at 11451.43, down 0.87% [1] Top Gainers - Kangping Technology (300907) closed at 36.51, up 11.82% with a trading volume of 138,100 shares and a transaction value of 493 million [1] - Ananda (603350) closed at 43.87, up 10.01% with a trading volume of 74,700 shares and a transaction value of 319 million [1] - Wolong Electric Drive (600580) closed at 27.62, up 10.00% with a trading volume of 2,700,900 shares and a transaction value of 7.076 billion [1] Top Losers - Jiangte Motor (002176) closed at 9.18, down 5.75% with a trading volume of 2,561,700 shares and a transaction value of 241.67 million [2] - Xiangdian Co. (600416) closed at 13.69, down 5.33% with a trading volume of 515,500 shares and a transaction value of 720 million [2] - Huarui Co. (300626) closed at 11.48, down 3.69% with a trading volume of 61,400 shares and a transaction value of 7.149 million [2] Capital Flow - The electric motor sector saw a net inflow of 373 million from institutional investors, while retail investors experienced a net inflow of 42.53 million [2] - Major stocks like Wolong Electric Drive had a net inflow of 846 million from institutional investors, while Ananda saw a net outflow of 65.74 million from retail investors [3] Individual Stock Performance - Kangping Technology had a net inflow of 41.50 million from institutional investors, while it faced a net outflow of 63.37 million from retail investors [3] - Wolong Electric Drive had a significant net inflow of 846 million from institutional investors, indicating strong institutional interest [3]

Market Overview - The Shanghai Composite Index is at 3639.18 points with a change of 0.11% [1] - The total trading volume of A-shares is 832.786 billion yuan [1] Stocks with Death Cross - 20 A-shares have seen their 5-day moving average cross below the 10-day moving average [1] - Notable stocks include: - Angli (002940) with a 5-day moving average of 56.59 yuan, down 1.78% from the 10-day moving average [1] - Chengdu Xian Dao (688222) with a 5-day moving average of 23.11 yuan, down 1.64% [1] - Sai Sheng Pharmaceutical (300485) with a 5-day moving average of 14.83 yuan, down 1.40% [1] Additional Stock Data - Other stocks with significant moving average changes include: - Zhi Xiang (688443) with a 5-day moving average of 33.34 yuan, down 0.85% [1] - Changshan Pharmaceutical (300255) with a 5-day moving average of 41.59 yuan, down 0.68% [1] - Zhi Zheng (603991) with a 5-day moving average of 72.69 yuan, down 0.40% [1] Performance Summary - The performance of various stocks shows a mix of slight gains and losses, with some stocks like Angli and Chengdu Xian Dao experiencing notable declines in their moving averages [1][2] - The overall market sentiment appears cautious, reflected in the trading volumes and the number of stocks showing bearish signals [1]

证券之星消息，8月4日电机板块较上一交易日上涨3.36%，湘电股份领涨。当日上证指数报收于 3583.31，上涨0.66%。深证成指报收于11041.56，上涨0.46%。电机板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 600416 | 湘电股份 | 14.87 | 6.37% | 73.45万 | 10.65 Z | | 003021 | 兆威机电 | 115.30 | 5.30% | 8.20万 | 9.29亿 | | 301023 | 江南奕帆 | 43.79 | 4.71% | 2.29万 | 9811.30万 | | 300660 | 江苏雷利 | 46.76 | 4.56% | 15.04万 | 6.91亿 | | 603728 | 鸣志电器 | 60.18 | 3.69% | 8.56万 | 5.08亿 | | 603320 | 迪贝电气 | 19.69 | 3.69% | 4.56万 | 8879.56万 | | 600580 | 卧龙电驱 | 23.3 ...

来源：金融界 通过天眼查大数据分析，中电电机股份有限公司共对外投资了4家企业，参与招投标项目261次，知识产 权方面有商标信息2条，专利信息373条，此外企业还拥有行政许可42个。 金融界消息 截至2025年7月31日收盘，中电电机（603988）报收于23.24元，下跌4.16%，换手率2.1%， 成交量4.95万手，成交金额1.16亿元。 资金流向方面，今日主力资金净流出1100.15万元，占比成交额9.48%。其中，超大单净流出763.34万 元、占成交额6.58%，大单净流出336.81万元、占成交额2.9%，中单净流出流出339.94万元、占成交额 2.93%，小单净流入1440.09万元、占成交额12.41%。 中电电机最新一期业绩显示，截至2025一季报，公司营业总收入1.18亿元、同比增长7.04%，归属净利 润419.85万元，同比增长122.79%，扣非净利润262.87万元，同比增长142.64%，流动比率2.176、速动比 率1.525、资产负债率42.73%。 天眼查商业履历信息显示，中电电机股份有限公司，成立于2003年，位于无锡市，是一家以从事电气机 械和器材制造业为主的企业。企 ...

Market Overview - The electric motor sector experienced a decline of 1.93% on the trading day, with Shenli Co., Ltd. leading the drop [1] - The Shanghai Composite Index closed at 3615.72, up 0.17%, while the Shenzhen Component Index closed at 11203.03, down 0.77% [1] Stock Performance - Notable gainers included: - Kangping Technology (300907) with a closing price of 33.03, up 3.45% and a trading volume of 110,700 shares, totaling 362 million yuan [1] - Huayang Intelligent (301502) closed at 43.99, up 3.05% with a trading volume of 18,900 shares, totaling 81.82 million yuan [1] - Major decliners included: - Shenli Co., Ltd. (603819) with a closing price of 13.30, down 10.01% and a trading volume of 80,100 shares, totaling 106 million yuan [2] - Jiangte Motor (002176) closed at 7.83, down 3.57% with a trading volume of 1,025,300 shares, totaling 810 million yuan [2] Capital Flow - The electric motor sector saw a net outflow of 930 million yuan from institutional investors, while retail investors contributed a net inflow of 846 million yuan [2] - The detailed capital flow for selected stocks showed: - Zhongdian Electric (603988) had a net inflow of 7.89 million yuan from institutional investors [3] - Kangping Technology (300907) experienced a net outflow of 9.52 million yuan from institutional investors [3] - Huayang Intelligent (301502) had a net inflow of 5.77 million yuan from institutional investors [3]