证券代码：688184 证券简称：ST 帕瓦 公告编号：2026-008 浙江帕瓦新能源股份有限公司 关于公司股票被实施其他风险警示的进展公告 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： 天健会计师事务所（特殊普通合伙）作为浙江帕瓦新能源股份有限公司 （以下简称"公司"）审计机构，对公司 2024 年度财务报告内部控制出具了否 定意见的审计报告。根据《上海证券交易所科创板股票上市规则》第 12.9.1 条 第一款第（三）项的相关规定，公司 A 股股票于 2025 年 5 月 6 日被实施其他风 险警示。 根据张宝出具的《资金占用情况说明》，其通过供应商占用公司资金。 根据《上海证券交易所科创板股票上市规则》第 12.9.1 条第一款第（一）项的 相关规定，公司 A 股股票于 2025 年 7 月 28 日起被叠加实施其他风险警示。 根据《上海证券交易所科创板股票上市规则》第 12.9.4 条："上市公司 股票因第 12.9.1 条第一款第一项规定情形被实施其他风险警示的，在被实施其 他风险警示期间，公司应 ...

当日，科创板个股涨多跌少，388股收涨，占比约64.77%。细分领域中，半导体股呈普涨态势，整体涨 幅靠前；软件服务股、元器件股、通信设备股、航空股呈多数上涨态势；医疗保健股和生物制药股跌幅 相对靠前，但整体跌幅不大。 新华财经北京1月27日电科创板两大股指27日早间均小幅低开，两股指盘初显著下探后出现较大幅度反 弹，翻红后略有回落，此后呈震荡上扬态势，午后有进一步攀升，尾盘涨幅略有收窄，收盘时仍显著上 涨。 至收盘时，科创50指数报1555.98点，涨幅1.51%，成分股总成交额约1021亿元，较上一交易日小幅缩 量。科创综指收于1889.46点，涨幅1.72%，总成交额约3245亿元，总成交额较上一交易日小幅缩量。 成交额方面，澜起科技成交额108.60亿元，位居首位；ST帕瓦成交额920.79万元，位居末位。 换手率方面，优刻得换手率为24.91%，位居首位；佰仁医疗换手率为0.25%，位居末位。 （文章来源：新华财经） 经新华财经统计，1月27日，剔除停牌的埃夫特，科创板其余599股平均涨幅1.35%，平均换手率 3.93%，合计成交额3244.78亿元，平均振幅为6.33%。 个股表现方面，盛科通信 ...

证券代码：688184 证券简称：ST帕瓦 公告编号：2026-007 浙江帕瓦新能源股份有限公司 2026年第一次临时股东会决议公告 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： ● 本次会议是否有被否决议案：无 一、会议召开和出席情况 （一）股东会召开的时间：2026年1月26日 （二）股东会召开的地点：浙江省诸暨市陶朱街道友谊北路57号公司会议室 （三）出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及其持有表决权数量的情 况： ■ 会议采用现场投票和网络投票相结合的表决方式，表决程序符合《公司法》和《公司章程》的规定。会 议由公司董事会召集，董事长王振宇先生主持。 （五）公司董事和董事会秘书的出席情况 1、公司在任董事7人，出席7人，因工作原因独立董事蒋贤品、赵新建、陈祥强通讯出席； 2、董事会秘书濮卫锋出席会议，其他高管列席和见证律师列席本次会议。 二、议案审议情况 （一）非累积投票议案 1、议案名称：关于终止部分募投项目的议案 审议结果：通过 表决情况： 注：截至本次股东会股权登记日 ...

证券代码：688184 证券简称：ST 帕瓦 公告编号：2026-007 浙江帕瓦新能源股份有限公司 2026年第一次临时股东会决议公告 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： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东会召开的时间：2026 年 1 月 26 日 （二） 股东会召开的地点：浙江省诸暨市陶朱街道友谊北路 57 号公司会议室 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 96 | | --- | --- | | 普通股股东人数 | 96 | | 2、出席会议的股东所持有的表决权数量 | 39,622,478 | | 普通股股东所持有表决权数量 | 39,622,478 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比 | 25.6361 | | 例（%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | 25.6361 | 注：截至本次 ...

国浩律师（杭州）事务所 法律意见书 国浩律师（杭州）事务所 关于 浙江帕瓦新能源股份有限公司 2026 年第一次临时股东会 之 本法律意见书仅用于为公司本次股东会见证之目的，不得用于其他任何目的 或用途。本所同意，公司将本法律意见书作为公司本次股东会的公告材料，随其 他需公告的信息一起向公众披露，并依法对本所在其中发表的法律意见承担法律 责任。 本所律师根据现行有效的中国法律、法规及中国证监会相关规章、规范性文 件要求，按照律师行业公认的业务标准、道德规范和勤勉尽责精神，出具本法律 意见书如下： 一、关于本次股东会的召集和召开 法律意见书 致：浙江帕瓦新能源股份有限公司 国浩律师（杭州）事务所（以下简称"本所"）接受浙江帕瓦新能源股份有 限公司（以下简称"公司"）的委托，指派律师出席贵公司 2026 年第一次临时 股东会（以下简称"本次股东会"），并依据《中华人民共和国公司法》（以下 简称"《公司法》"）、《中华人民共和国证券法》（以下简称"《证券法》"）、 《上市公司股东会规则》（以下简称"《股东会规则》"）、《上市公司治理准 则》（以下简称"《治理准则》"）、《上海证券交易所科创板上市公司自律监 管指引第 ...

Group 1 - The Sci-Tech Innovation 50 Index opened lower on January 23, followed by a narrow adjustment, and eventually closed with a slight increase of 0.78% at 1553.71 points, with a total trading volume of approximately 110.8 billion yuan [1] - The overall Sci-Tech Innovation Index rose by 1.85% to 1899.78 points, with a total trading volume of about 334.9 billion yuan [1] - On January 23, 600 stocks in the Sci-Tech Innovation Board saw an average increase of 2.28% and an average turnover rate of 3.87%, with a total trading volume of 334.9 billion yuan and an average fluctuation of 4.77% [1] Group 2 - In terms of individual stock performance, stocks such as Ruihua Technology, Laplace, Zhenlei Technology, and Jinko Solar reached their daily limit, showing significant gains [1] - Conversely, Jucheng Co. experienced a decline of 7.87%, marking the largest drop among the stocks [1] - In trading volume, Lanke Technology led with a total of 12.04 billion yuan, while ST Pava had the lowest trading volume at 1.258 million yuan [2] Group 3 - Regarding turnover rates, Aerospace Huanyu had the highest turnover rate at 22.28%, while Bairen Medical recorded the lowest at 0.18% [3]

Core Viewpoint - ST Pava (688184.SH) is forecasting a net loss for the year 2025, with expected losses ranging from 700 million to 550 million yuan, indicating a reduction in losses compared to the previous year [1] Financial Performance - The company anticipates a net profit attributable to shareholders of the parent company for 2025 to be between -700 million and -550 million yuan, which represents a reduction in losses of 26.5 million to 176.5 million yuan, or a year-on-year decrease of 3.65% to 24.29% [1] - The expected net profit after deducting non-recurring gains and losses is projected to be between -695 million and -545 million yuan, reflecting a reduction in losses of 36.76 million to 186.76 million yuan, or a year-on-year decrease of 5.02% to 25.52% [1] - In 2023 and 2024, the company reported revenues of 954 million yuan and 949 million yuan, with net losses attributable to shareholders of -248 million yuan and -727 million yuan, respectively [4] Audit and Compliance - Tianjian Accounting Firm issued a negative opinion on the internal control of the company's 2024 financial report, and the internal control audit for 2025 is still in progress, presenting uncertainties [1] - There is a risk that if the 2025 financial report receives an audit report with a disclaimer or negative opinion, the company's stock may face delisting risk warnings from the Shanghai Stock Exchange [1] Company Background - ST Pava was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on September 19, 2022, with an initial public offering of 33,594,557 shares at a price of 51.88 yuan per share [2] - The total funds raised from the IPO amounted to approximately 1.74 billion yuan, with a net amount of about 1.60 billion yuan after deducting issuance costs [3]

Core Viewpoint - The Sci-Tech Innovation 50 Index experienced a decline of 1.58% on January 20, closing at 1482.99 points, with a trading volume of approximately 97.76 billion yuan [1]. Group 1: Market Performance - The majority of stocks on the Sci-Tech Innovation Board fell, with 168 stocks rising and the average decline for 600 stocks being 1.19% [2]. - The average turnover rate for the stocks was 3.74%, with a total trading volume of 299.3 billion yuan and an average volatility of 5.18% [2]. Group 2: Sector Performance - Semiconductor and transportation equipment stocks showed active performance, while software services, biopharmaceuticals, and healthcare stocks had the largest declines [2]. Group 3: Individual Stock Performance - Zhongwei Semiconductor led the gainers with a rise of 19.99%, while Pinggao Co., Ltd. had the largest drop at 11.63% [3]. Group 4: Trading Volume - Cambricon Technologies had the highest trading volume at 11.95 billion yuan, while ST Pava had the lowest at 910.4 thousand yuan [4]. Group 5: Turnover Rate - Xinzhong Technology recorded the highest turnover rate at 22.82%, while Longteng Optoelectronics had the lowest at 0.23% [5].

Core Viewpoint - Zhejiang Pawa New Energy Co., Ltd. is expected to reduce its losses in 2025 compared to the previous year, but still anticipates a significant net loss for the year [2][4]. Group 1: Performance Forecast - The company estimates a net profit attributable to shareholders of the parent company for 2025 to be between -700 million yuan and -550 million yuan, representing a reduction in losses of 26.5 million yuan to 176.5 million yuan, or a year-on-year decrease in losses of 3.65% to 24.29% [2][4]. - The expected net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between -695 million yuan and -545 million yuan, indicating a reduction in losses of 36.76 million yuan to 186.76 million yuan, or a year-on-year decrease in losses of 5.02% to 25.52% [2][4]. Group 2: Previous Year Performance - In 2024, the company reported a total profit of -725.73 million yuan, with a net profit attributable to shareholders of -726.50 million yuan, and a net profit after deducting non-recurring gains and losses of -731.76 million yuan, resulting in an earnings per share of -4.58 yuan [6]. Group 3: Reasons for Performance Changes - The primary reason for the losses is the company's initiative to optimize business quality by streamlining and optimizing the sales order structure. However, high fixed costs, such as depreciation of fixed assets, and low production and sales volumes have hindered effective cost allocation. Additionally, the company has made provisions for impairment on various assets, significantly impacting current profits [7].

Major Events - Hualing Cable announced the termination of the acquisition of control over Xingxin Aerospace due to failure to reach consensus on specific agreement terms, stating that this decision will not adversely affect its operations or financial status [1] - Xianglu Tungsten Industry expects a net profit of 125 million to 180 million yuan for 2025, driven by continuous price increases in tungsten raw materials and improved market conditions [1] Company Announcements - Zhongwei Semiconductor is set to launch its first non-volatile memory chip, a low-power SPI NOR Flash with a capacity of 4M bits, filling a product gap in the Flash sector [2] - Nanshan Aluminum plans to invest approximately 437 million USD in a 250,000-ton electrolytic aluminum project in Indonesia [4] - Xinfengming intends to acquire a 35% stake in Dushan Port Development to enhance its supply chain capabilities [5] - Jiangxi Copper signed a cooperation framework agreement with China Ordnance Material Group for the purchase and sale of copper and nickel products [6] Performance Forecasts - Wan Tong Development expects a net loss of 500 million to 750 million yuan for 2025, attributed to strategic shifts and increased impairment losses [12] - Hunan YN anticipates a net profit of 1.15 billion to 1.4 billion yuan for 2025, driven by growth in lithium battery materials [13] - Tianjian Technology forecasts a net loss of 176 million to 250 million yuan for 2025, with potential delisting risk due to financial performance [14] - Leading companies like Guotou Securities and Xiangcai Securities project significant profit growth for 2025, with Guotou expecting 3.42 billion yuan, a 35.18% increase [27][28] Industry Trends - The tungsten market is experiencing improved supply-demand dynamics, benefiting companies like Xianglu Tungsten [1] - The photovoltaic industry continues to face challenges, with companies like Trina Solar projecting substantial losses due to market pressures [19] - The aluminum sector is seeing investment growth, particularly in overseas projects, as indicated by Nanshan Aluminum's plans [4] Stock Movements - Hualing Cable's stock will not be adversely affected by the termination of the acquisition [1] - Companies like Hunan YN and Guotou Securities are expected to see positive stock performance due to favorable profit forecasts [13][27]