Core Viewpoint - Huafeng Co., Ltd. (605100) experienced a trading halt today with a daily turnover rate of 4.85% and a transaction amount of 217 million yuan, showing a price fluctuation of 10.46% [2] Trading Activity - The stock was listed on the Shanghai Stock Exchange due to a daily price deviation of 9.79%, with a net buying amount of 33.21 million yuan from brokerage seats [2] - The top five brokerage seats accounted for a total transaction amount of 97.15 million yuan, with a buying transaction amount of 65.18 million yuan and a selling transaction amount of 31.97 million yuan, resulting in a net buying of 33.21 million yuan [2] - The largest buying brokerage was Kaiyuan Securities Co., Ltd. with a buying amount of 23.43 million yuan, while the largest selling brokerage was UBS Securities with a selling amount of 11.51 million yuan [2] Fund Flow - The stock saw a net inflow of 54.44 million yuan from main funds today, with a significant single order net inflow of 54.28 million yuan and a large order net inflow of 0.165 million yuan [2] - Over the past five days, the main funds experienced a net outflow of 5.65 million yuan [2] Financial Performance - On August 28, the company released its semi-annual report, indicating a total revenue of 373 million yuan for the first half of the year, a year-on-year decrease of 33.10%, and a net profit of 13.15 million yuan, a year-on-year decrease of 71.94% [2]

证券代码：605100 证券简称：华丰股份 公告编号：2025-038 华丰动力股份有限公司 关于召开 2025 年半年度业绩说明会的公告 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： （网址：http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 9 月 23 日（星期二）至 9 月 29 日（星期一）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 hfstock@powerhf.com 进行提问。公司将在说明会上对投资者普遍关注的问题进 行回答。 华丰动力股份有限公司（以下简称"公司"）已于 2025 年 8 月 28 日发布公 司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半年度 的经营成果、财务状况，公司计划于 2025 年 9 月 30 日（星期二）下午 14:00-15:00 举行 2025 年半年度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者 ...

证券代码：605100 证券简称：华丰股份 公告编号：2025-037 华丰动力股份有限公司 2025年第一次临时股东大会决议公告 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法律责任。 重要内容提示： ● 本次会议是否有否决议案：无 一、会议召开和出席情况 (一)股东大会召开的时间：2025年9月16日 (二)股东大会召开的地点：潍坊市高新区樱前街7879号华丰股份会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： ■ (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次股东大会由公司董事会召集，由董事长徐华东先生主持，采用现场与网络投票相结合的方式召开。 本次会议的召集、召开和表决方式符合《公司法》等法律法规和《公司章程》的有关规定。 (五)公司董事、监事和董事会秘书的出席情况 (一)非累积投票议案 1、议案名称：《关于2025年半年度利润分配方案的议案》 审议结果：通过 表决情况： ■ 2、议案名称：《关于取消监事会、修订〈公司章程〉并提请股东大会授权办理工商变更登记的议案》 审 ...

上海市锦天城律师事务所 关于华丰动力股份有限公司 2025 年第一次临时股东大会的 法律意见书 地址：上海市浦东新区银城中路 501 号上海中心大厦 11/12 层 电话：021-20511000 传真：021-20511999 邮编：200120 上海市锦天城律师事务所 法律意见书 一、 本次股东大会召集人资格及召集、召开的程序 经核查，公司本次股东大会是由公司董事会召集召开的。公司已于 2025 年 8 月 28 日在上海证券交易所网站等信息披露媒体刊登《华丰动力股份有限公司 关于召开 2025 年第一次临时股东大会的通知》，将本次股东大会的召开时间、地 点、审议事项、出席会议人员、登记方法等予以公告，公告刊登的日期距本次股 东大会的召开日期已达 15 日。 上海市锦天城律师事务所 关于华丰动力股份有限公司 2025 年第一次临时股东大会的 法律意见书 致：华丰动力股份有限公司 上海市锦天城律师事务所（以下简称"本所"）接受华丰动力股份有限公司 （以下简称"公司"）委托，就公司召开 2025 年第一次临时股东大会（以下简 称"本次股东大会"）的有关事宜，根据《中华人民共和国公司法》（以下简称 《公司法》） ...

2025年第一次临时股东大会决议公告 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法律责任。 证券代码：605100 证券简称：华丰股份 公告编号：2025-037 华丰动力股份有限公司 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 120 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 94,200,996 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 55.0458 | (四) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次股东大会由公司董事会召集，由董事长徐华东先生主持，采用现场与网 (一) 股东大会召开的时间：2025 年 9 月 16 日 (二) 股东大会召开的地点：潍坊市高新区樱前街 7879 号华丰股份会议室 (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： 络投票相结合的方式召开。本次会议的召集、召开和表决方式符合《公司 ...

Group 1: Solid-State Battery Developments - The solid-state battery concept is gaining traction in the A-share market, with multiple listed companies responding to investor inquiries [1] - Hai Muxing is supplying lithium metal high-energy density solid-state battery production line equipment to Xinjie Energy and is also providing sulfide solid-state battery pilot line equipment to a leading global new energy technology company [1] - Huafeng Co., in collaboration with a research team, is developing a new type of solid-state battery that integrates polymer technology with fluorination advantages, achieving significant performance improvements in laboratory tests [1] Group 2: Innovations and Collaborations - Putailai has developed innovative products suitable for solid-state battery sulfide systems, including high-strength, high-elongation alloy foils and perforated copper foils, which are currently undergoing customer evaluations [2] - Sifang Optoelectronics emphasizes the need for thermal runaway monitoring in solid-state batteries to meet safety regulations, offering thermal runaway monitoring sensor products that can adapt to relevant scenarios [2] - Changan Automobile is investing heavily in research and development, aiming to validate solid-state battery installation by 2026 and gradually achieve mass production by 2027, targeting an energy density of 400 Wh/kg [2]

Group 1 - The company will hold its first extraordinary general meeting of shareholders in 2025 on September 16, 2025, at 14:00, with both on-site and online voting options available [1][2][3] - Shareholders have the right to speak, consult, and vote during the meeting, with specific procedures for raising questions and casting votes outlined [2][3] - The meeting will be witnessed by a lawyer from Shanghai Jintiancheng Law Firm, who will provide a legal opinion [2][3] Group 2 - The company proposes a profit distribution plan for the first half of 2025, intending to distribute a cash dividend of RMB 0.10 per share, totaling RMB 17,113,200, which represents 130.12% of the net profit attributable to shareholders [3][4] - The company plans to cancel its supervisory board and amend its articles of association in accordance with the latest revisions of the Company Law, with the audit committee of the board taking over the supervisory responsibilities [4][5] - The company will also amend its articles of association to reflect changes in share capital and governance structure, including the deletion of the supervisory board section [5][6] Group 3 - The company will revise its shareholder meeting rules to align with new legal requirements and improve governance efficiency [6][7] - The company will also amend its board meeting rules to enhance decision-making processes and comply with updated regulations [7][8] - Additional amendments will be made to various governance documents, including the independent director work system and external guarantee management system, to ensure compliance with the latest laws [8][9][10][11][12][13][14][15]

华丰动力股份有限公司 2025 年第一次临时股东大会 证券简称：华丰股份 证券代码：605100 为维护股东的合法权益，确保华丰股份2025年第一次临时股东大会的正常秩 序和议事效率，根据《公司法》《公司章程》和《股东大会议事规则》的有关规 定，现就会议须知通知如下，望参加本次大会的全体人员遵守。 一、本次大会期间，全体参会人员应维护股东的合法权益，确保大会的正常 秩序和议事效率，自觉履行法定义务。 二、为保证本次大会的严肃性和正常秩序，除出席会议的股东及股东代理人、 董事、监事、高级管理人员、公司聘任律师及公司董事会邀请的人员外，公司有 权依法拒绝其他人员入场，对于干扰大会秩序，寻衅滋事和侵犯其他股东合法权 益的行为，公司有权予以制止并及时报告有关部门查处。 会议资料 2025 年 9 月 16 日 1 华丰动力股份有限公司 2025年第一次临时股东大会会议须知 三、股东到达会场后，请在"股东签到表"上签到。股东签到时，请出示以 下证件和文件： 1、法人股东的法定代表人出席会议的，应出示本人身份证、能证明其具有 法定代表人资格的有效证明；委托代理人出席会议的，代理人应出示本人身份证、 法人股东单位的法定代表 ...

Core Viewpoint - Huafeng Co., Ltd. reported disappointing financial results for the first half of 2025, with significant declines in revenue and net profit compared to the previous year [1][3]. Financial Performance Summary - Total revenue for the first half of 2025 was 373 million yuan, a decrease of 33.1% year-on-year [1]. - Net profit attributable to shareholders was 13.15 million yuan, down 71.94% from the previous year [1]. - In Q2 2025, total revenue was 152 million yuan, a decline of 39.7% year-on-year, with net profit of 1.51 million yuan, down 91.04% [1]. - Gross margin was 10.82%, a decrease of 29.25% year-on-year, while net margin was 3.52%, down 58.06% [1]. - Total operating expenses (selling, administrative, and financial) amounted to 16.29 million yuan, representing 4.36% of revenue, an increase of 14.52% year-on-year [1]. - Earnings per share were 0.08 yuan, a decrease of 71.43% year-on-year, and operating cash flow per share was -0.08 yuan, down 108.01% [1]. Asset and Liability Overview - Accounts receivable reached 132 million yuan, accounting for 179.53% of the latest annual net profit [1][4]. - Cash and cash equivalents decreased to 236 million yuan, down 42% year-on-year [1]. - Interest-bearing liabilities increased to 67.49 million yuan, a rise of 41.32% [1]. Return on Investment Analysis - The company's return on invested capital (ROIC) was 2.9% last year, indicating weak capital returns [3]. - Historical median ROIC since listing is 6.91%, with the lowest recorded ROIC of 0.54% in 2022 [3].

Core Insights - Huafeng Co., Ltd. reported a significant decline in financial performance for the first half of 2025, with revenue of 373 million yuan, down 33.10% year-on-year, and a net profit of 13.15 million yuan, down 71.94% year-on-year [1][2][4] - The traditional diesel engine sector is facing structural challenges due to the rapid growth of the new energy truck market, which has seen a year-on-year increase of approximately 186% [5][6] - The company is at a critical juncture, needing to pivot towards new energy solutions as its core business struggles [1][5] Financial Performance - Revenue for the first half of 2025 was 373 million yuan, compared to 558 million yuan in the same period last year, marking a 33.10% decrease [2] - The total profit for the period was 14.44 million yuan, down 73.84% from 55.20 million yuan year-on-year [2] - The net profit attributable to shareholders was 13.15 million yuan, a decline of 71.94% from 46.88 million yuan in the previous year [2][3] Market Dynamics - The commercial heavy truck market in China saw a total sales volume of 539,000 units in the first half of 2025, a year-on-year increase of 6.9%, but with a clear divide between traditional and new energy vehicles [5] - The company has not yet entered the new energy truck component market, which is a significant factor in its declining performance [5][6] - The company’s overseas operations, particularly in India, have also been negatively impacted by strategic adjustments from key clients and changes in visa policies [7][10] Strategic Initiatives - Huafeng is actively seeking to transform its business model by focusing on the data center backup power market, which is seen as a potential growth area [10][11] - A strategic cooperation agreement was signed with Shanghai Jipian AI Technology Co., Ltd. to supply power equipment for a new intelligent computing center, indicating a shift towards integrating energy and computing capabilities [10][11] - The company plans to invest 20 million yuan in Shanghai Jipian to further develop this integrated model [10]