证券代码：688032 证券简称：禾迈股份 公告编号：2025-041 杭州禾迈电力电子股份有限公司 关于股份回购实施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、准确性和完整性依法承担法律责任。 重要内容提示： | 回购方案首次披露日 | 2024/7/30 | | | | | | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 2024 年 月 29 7 月 | 7 | 日~2025 | 年 | 28 日 | | 预计回购金额 | 10,000万元~20,000万元 | | | | | | 回购价格上限 | 185元/股 | | | | | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 | | | | | | | □用于转换公司可转债 | | | | | | | □为维护公司价值及股东权益 | | | | | | 实际回购股数 | 98.5878万股 | | | | | | 实际回购股数占总股本比例 | 0.7946% | | | | | | 实际回购金额 | ...

Investment Rating - Industry Rating: Recommended [5] Core Insights - The report highlights the acceleration of humanoid robot production due to advancements in AI technology and domestic companies' efforts to replace core components, indicating a broad market opportunity [1][15] - The electric vehicle (EV) sector is entering a deep penetration phase, with new high-cost performance models expected to drive sales growth and stabilize the industry in the medium to long term [2][18] - The renewable energy sector is facing rising upstream raw material prices, which are expected to be passed down the supply chain, potentially leading to price rebounds for solar components [3][24] - The UK government's decision to relax AR7 offshore wind auction entry requirements is anticipated to boost investment enthusiasm and accelerate project implementation in the offshore wind sector [4][27] Summary by Sections Humanoid Robots - The launch of the new industrial humanoid robot Walker S2 by UBTECH enables 24/7 operation with a rapid battery swap system, indicating a significant technological breakthrough [1][15] - The report emphasizes the strong domestic demand for core components and the potential for domestic companies to benefit from this trend [1][15] - Key players in the humanoid robot supply chain are expected to see substantial opportunities as the industry matures [1][17] New Energy Vehicles - The report notes that the introduction of multiple new EV models is likely to enhance user experience and drive sales growth [2][18] - The EV industry is characterized by rapid growth, with new technologies and materials expected to improve performance and reduce costs [2][19] - The report identifies several investment opportunities within the EV supply chain, particularly in battery technology and related components [2][23] Renewable Energy - The report discusses the impact of rising prices for upstream materials like silicon, which are expected to lead to price increases for solar components [3][24] - It highlights the ongoing optimization of battery efficiency and the potential for companies with differentiated high-efficiency products to enhance profitability [3][26] - The report also notes the expected reduction in production from glass manufacturers, which could alleviate inventory and pricing pressures in the solar market [3][26] Offshore Wind Energy - The UK government's relaxation of AR7 offshore wind auction rules is seen as a positive signal for the global offshore wind industry, potentially increasing project participation [4][27] - The report anticipates that the extension of contract terms for difference agreements will further stimulate investment in offshore wind projects [4][28] - Key beneficiaries of this trend are expected to include leading domestic companies involved in offshore wind energy [4][28] Energy Storage - The introduction of capacity pricing policies for energy storage in Gansu province is expected to enhance the profitability of long-duration storage projects [8][31] - The report emphasizes the importance of energy storage in balancing renewable energy output and improving utilization rates [8][31] - Companies with technological advantages in energy storage are likely to be the first to benefit from these new policies [8][31]

证券代码：688032 证券简称：禾迈股份 公告编号：2025-040 杭州禾迈电力电子股份有限公司 关于以集中竞价交易方式回购公司股份的进展公告 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、准确性和完整性依法承担法律责任。 重要内容提示： | 回购方案首次披露日 | 2024/7/30 | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 2024 年 7 月 29 7 | 日~2025 | 年 | 月 | 28 | 日 | | 预计回购金额 | 10,000万元~20,000万元 | | | | | | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 □用于转换公司可转债 | | | | | | | | □为维护公司价值及股东权益 | | | | | | | 累计已回购股数 | 91.1588万股 | | | | | | | 累计已回购股数占总股本比例 | 0.7347% | | | | | | | 累计已回购金额 | 92,413,507.37元 ...

证券代码：688032 证券简称：禾迈股份 公告编号：2025-039 杭州禾迈电力电子股份有限公司 关于持股 5%以上股东权益变动触及 1% 大股东持有股份的基本情况 本次减持计划实施前，浙大九智（杭州）投资管理有限公司－杭州港智投资 合伙企业（有限合伙）（以下简称"港智投资"）及其一致行动人韩华龙先生合计 持有杭州禾迈电力电子股份有限公司（以下简称"公司"或"禾迈股份"）股份 11,655,525 股，占公司总股本 124,073,545 股的 9.39%。其中，港智投资持有 6,921,050 股，占公司总股本的 5.58%，韩华龙持有 4,734,475 股，占公司总股 本的 3.82%。港智投资持有的股份为公司首次公开发行股票并在上海证券交易所 科创板上市（以下简称"IPO"）前取得的股份及公司实施资本公积转增股本相应 增加的股份，IPO 前取得股份已于 2022 年 12 月 20 日起解除限售并上市流通， 资本公积转增相应增加的股份已分别于 2022 年 6 月 8 日、2023 年 6 月 13 日、 2024 年 6 月 19 日起上市流通。 减持计划的实施结果情况 2025 年 2 月 2 ...

Core Viewpoint - The article highlights the significant advancements and collaborations in the energy storage industry showcased at the recent "2025 Global User-side Energy Storage Industry Value Summit and Application Demonstration Exhibition," emphasizing the shift towards energy storage solutions and the introduction of innovative products and partnerships among leading companies in the sector [1][2]. Group 1: Industry Trends and Developments - The exhibition transformed from a photovoltaic focus to a dedicated energy storage event, with a notable increase in the number of storage companies and products presented [1]. - Several companies signed major cooperation agreements and secured GWh-level procurement orders during the event, indicating a robust market demand for energy storage solutions [1][2]. - The introduction of products responding to the 136 policy and market value transformation reflects the industry's adaptation to regulatory changes and market needs [1]. Group 2: Key Product Launches - Companies like采日能源 showcased advanced storage systems, including the Serlattice G3 10MWh intelligent storage system, which aims to reduce costs and expand application scenarios [5]. - 中车株洲所 presented its构网型储能系统 and the "云枢" storage inverter, emphasizing high power density and safety features [6][8]. - 华为数字能源 launched the FusionSolar9.0, a smart string-based energy storage solution that integrates various energy management capabilities [10][12]. Group 3: Notable Collaborations and Agreements - 采日能源 and other companies formed strategic partnerships to enhance their energy storage ecosystems, focusing on comprehensive energy solutions [3][18]. - 南都电源 signed a strategic cooperation agreement with 太蓝新能源 to explore solid-state battery applications in ultra-safe energy storage [23]. - 蜂巢能源 established significant strategic agreements with various industry leaders to enhance its market presence and technological capabilities [87]. Group 4: Company-Specific Innovations - 比亚迪储能 introduced several new products, including the MC Cube-T Pro BESS with a capacity of 6.4MWh, featuring advanced safety and operational efficiency [15]. - 亿纬锂能 launched the 836kWh modular cabinet, designed for flexibility and efficiency in commercial energy storage applications [24][27]. - 国轩高科 unveiled its 20MWh energy storage battery system, which received substantial orders and is designed for long-term reliability and safety [31][32]. Group 5: Emerging Technologies and Solutions - 海博思创 presented its "储能+X" full-scene solutions, integrating various storage technologies for diverse applications [16][18]. - 智光电气 showcased its liquid-cooled commercial storage unit, emphasizing high efficiency and safety in demanding environments [60][62]. - 永泰数能's Aurora 5015 system demonstrated high energy density and cost efficiency, marking a significant advancement in the industry [97]. Group 6: Market Outlook - The article indicates a strong growth trajectory for the energy storage market, driven by technological advancements, regulatory support, and increasing demand for sustainable energy solutions [1][2]. - The collaborations and innovations presented at the exhibition suggest a competitive landscape where companies are actively seeking to enhance their offerings and market positions [1][2].

Core Viewpoint - The company, Hangzhou Hemai Power Electronics Co., Ltd., has announced a differentiated cash dividend distribution plan, approved at the 2024 annual shareholders' meeting, with a cash dividend of 3.20 RMB per share (including tax) [1][2]. Dividend Distribution Plan - The company plans to distribute a cash dividend of 32 RMB for every 10 shares held, totaling approximately 393.92 million RMB (including tax) [2]. - The total share capital as of the announcement date is 124,073,545 shares, excluding shares held in the company's repurchase account [2]. - The distribution will not include stock dividends or capital reserve transfers [2]. Relevant Dates - The key dates for the dividend distribution include the record date, ex-dividend date, and cash dividend payment date, which are specified in the announcement [1][2]. Tax Implications - For individual shareholders holding shares for over one year, the cash dividend is exempt from personal income tax, resulting in an actual distribution of 3.20 RMB per share [3]. - For shares held for one month or less, a 20% tax applies, while shares held between one month and one year are taxed at 10% [3]. - Qualified Foreign Institutional Investors (QFII) will have a 10% corporate income tax withheld, resulting in a net dividend of 2.88 RMB per share [4]. - Hong Kong investors holding shares through the "Shanghai-Hong Kong Stock Connect" will also face a 10% withholding tax, leading to a net dividend of 2.88 RMB per share [4]. Implementation of Dividend Distribution - Shares held in the company's repurchase account will not participate in the dividend distribution [2][5]. - The cash dividends will be distributed through the China Securities Depository and Clearing Corporation Limited, Shanghai Branch, to shareholders registered by the record date [3][5].

证券代码：688032 证券简称：禾迈股份 公告编号：2025-038 杭州禾迈电力电子股份有限公司 2024年年度权益分派实施公告 本公司董事会及全体董事保证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、准确性和完整性依法承担法律责任。 重要内容提示： | 股权登记日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | | 2025/6/18 | 2025/6/19 | 2025/6/19 | 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司2025 年 5 月 20 日的2024年年度股东大会审议通过。 二、 分配方案 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 （公司回购专用证券账户除外）。 根据《上海证券交易所上市公司自律监管指引第 7 号——回购股份》等相关 规定，上市公司回购专用账户中的股份不享有股东大会表决权、利润分配、公积 是否涉及差异化分红送转：是 每股分配比例 每股现金红利3.20元（含税） 相关日期 1. 发放年度：2 ...

Core Points - The company plans to distribute a cash dividend of 32 yuan (including tax) for every 10 shares to all shareholders, totaling 393,922,569.60 yuan (including tax) after adjustments [1][2] - The total number of shares eligible for profit distribution is adjusted to 123,100,803 shares due to the repurchase of 661,588 shares, which do not participate in the profit distribution [2] Summary of Adjustments - The initial profit distribution plan proposed a cash dividend of 32 yuan per 10 shares, amounting to 396,039,651.20 yuan (including tax), which was later adjusted to 393,922,569.60 yuan due to share repurchases [1][2] - The company has repurchased a total of 972,742 shares, which are excluded from the profit distribution, leading to a decrease in the total amount distributed [2]

杭州禾迈电力电子股份有限公司 关于以集中竞价交易方式回购公司股份的进展公告 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、准确性和完整性依法承担法律责任。 证券代码：688032 证券简称：禾迈股份 公告编号：2025-037 根据《上市公司股份回购规则》《上海证券交易所上市公司自律监管指引第7 号——回购股份》等相关规定，在回购股份期间，上市公司应当在每个月的前3个 交易日内公告截至上月末的回购进展情况。现将公司回购股份的进展情况公告如 下： 2025年5月，公司通过上海证券交易所交易系统以集中竞价交易方式回购公司 股份350,000股，回购成交的最高价为103.92元/股，最低价为98.40元/股，支付 的资金为人民币35,383,343.15元（不含印花税、交易佣金等交易费用）。截至2025 年5月31日，公司通过上海证券交易所交易系统以集中竞价交易方式累计回购公司 股份合计821,588股，占公司总股本124,073,545股的比例为0.6622%，回购成交的 最高价为134.92元/股，最低价为89.50元/股，支付的资金总额为人民币 83,6 ...

证券代码：688032 证券简称：禾迈股份 公告编号：2025-036 杭州禾迈电力电子股份有限公司 关于调整2024年年度利润分配现金分红总额的公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 一、调整前利润分配方案 公司于2025年4月29日召开第二届董事会第二十二次会议、2025年5月20日 召开2024年年度股东大会，审议通过了《关于2024年年度利润分配方案的议 案》。公司拟以实施权益分派股权登记日的总股本扣减公司回购专用证券账户 中的股份为基数，向全体股东每10股派发现金红利32元（含税）。截至2025年3 月31日，公司总股本124,073,545股，扣减回购专用证券账户中股份总数 311,154股，实际参与利润分配的股份数量为123,762,391股，以此计算公司拟 派发现金红利396,039,651.20元（含税），占公司2024年度归属于上市公司股 东净利润的115.06%。在实施权益分派的股权登记日前公司总股本扣减公司回购 专用证券账户中的股份数量发生变动的，公司拟维持每股分配比例 ...