威腾电气集团股份有限公司监事会 关于"奋发者一号"2023年限制性股票激励计划预留授予激 励对象名单的核查意见（授予日） 威腾电气集团股份有限公司(以下简称"公司")监事会依据《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》")、《上市公司股权激励管理办法》〈以下简称"《管理办法》"）、 《上海证券交易所科创板股票上市规则》（以下简称"《上市规则》"）、《科创板 上市公司自律监管指南第4号 -- 股权激励信息披露》等相关法律、法规及规范性 文件和《威腾电气集团股份有限公司章程》(以下简称"《公司章程》")的有关规 定,对公司"奋发者一号"2023年限制性股票激励计划(以下简称"本次激励计划") 预留授予激励对象名单（授予日）进行了核查,发表核查意见如下: 1、本次激励计划预留授予激励对象均不存在《管理办法》规定的不得成为激 励对象的情形; (1) 最近12个月内被证券交易所认定为不适当人选; (2) 最近12个月内被中国证监会及其派出机构认定为不适当人选; (3) 最近12个月内因重大违法违规行为被中国证监会及其派出机构行政处罚 或者采取市场禁入措施; ( ...

Group 1: Company Collaboration and Business Strategy - The company has established a joint venture with ABB to leverage mutual strengths in the research, production, and sales of low-voltage bus products [2][3] - The company aims to maintain bus products as the core of its distribution equipment business while targeting global markets for steady growth and increased market share [3] Group 2: Customer Base and Industry Focus - The main downstream customers for the company's bus business are in industries such as industrial manufacturing, data communication, and renewable energy, including power grids, municipal engineering, and rail transportation [3] Group 3: Business Growth and Product Development - The company reports stable growth in bus product revenue, with strong momentum in the complete equipment and transformer sectors, showcasing continuous innovation and sales breakthroughs [3] - The strategy for the energy storage business focuses on a comprehensive product line and industry chain development, enhancing manufacturing and cost advantages while expanding overseas markets through strategic cooperation with Westinghouse [3]

中信证券股份有限公司 关于威腾电气集团股份有限公司 2024 年半年度持续督导跟踪报告 中信证券股份有限公司（以下简称"中信证券"或"保荐人"）作为威腾电气集团 股份有限公司（以下简称"公司"、"威腾电气"或"发行人"）首次公开发行股票并在 科创板上市的保荐人，根据《证券发行上市保荐业务管理办法》、《上海证券交易所科创 板股票上市规则》等相关规定，中信证券履行持续督导职责，并出具本持续督导半年度 跟踪报告。 一、持续督导工作概述 1、保荐人制定了持续督导工作制度，制定了相应的工作计划，明确了现场检查的 工作要求。 3、本持续督导期间，保荐人通过与公司的日常沟通、现场回访等方式开展持续督 导工作，并于 2024 年 8 月 19 日对公司进行了现场检查。 4、本持续督导期间，保荐人根据相关法规和规范性文件的要求履行持续督导职责， 具体内容包括： （1）查阅公司章程、三会议事规则等公司治理制度、三会会议材料； （2）查阅公司财务管理、会计核算和内部审计等内部控制制度； （3）查阅公司与控股股东、实际控制人及其关联方的资金往来明细及相关内部审 议文件、信息披露文件； （4）查阅公司募集资金管理相关制度、募集资金使用 ...

Group 1: Financial Performance - In the first half of 2024, the company achieved revenue of 1.852 billion yuan, representing a year-on-year growth of 79.13% [3] - The net profit attributable to the parent company was 78.7734 million yuan, an increase of 104.51% compared to the same period last year [3] - The gross profit margin slightly decreased due to changes in product structure [3][4] Group 2: Business Operations - The company has sufficient orders on hand and plans to conduct orderly production based on market conditions and customer demand [3] - The revenue from the power distribution equipment business reached 731 million yuan in the first half of 2024, marking a year-on-year growth of 38.44% [3] - The company is focusing on market development and sales of energy storage products, emphasizing a full product line and industry chain layout [4] Group 3: Market Expansion - The company has been expanding its overseas market presence, with products sold to multiple countries and regions, including Asia, Oceania, South America, Africa, and Europe [3] - The company aims to enhance its competitiveness by focusing on research and development in three main business areas: power distribution equipment, photovoltaic new materials, and energy storage systems [4]

Investment Rating - The report maintains a "Recommended" rating for the company [3] Core Views - The company achieved significant year-on-year growth in its performance, with a revenue of 1.852 billion yuan in H1 2024, representing a 79.13% increase, and a net profit of 78.7734 million yuan, up 104.51% [1] - The company is expanding its overseas market presence, particularly in the energy storage sector, which saw a revenue increase of 1521% year-on-year [1] - The company is expected to continue its growth trajectory, with projected revenues of 4.32 billion yuan, 6.134 billion yuan, and 7.785 billion yuan for 2024, 2025, and 2026 respectively [2][4] Summary by Sections Financial Performance - In H1 2024, the company reported a revenue of 1.852 billion yuan, a 79.13% increase year-on-year, and a net profit of 78.7734 million yuan, up 104.51% [1] - The revenue for Q2 2024 was 1.057 billion yuan, reflecting a 75.18% year-on-year increase and a 33.00% quarter-on-quarter increase [1] - The company expects revenues of 4.32 billion yuan in 2024, with a net profit of 201 million yuan, corresponding to a PE ratio of 11x [2][4] Business Segments - The distribution equipment segment generated 731 million yuan in revenue, a 38.44% increase year-on-year, with significant growth in medium and low-voltage complete equipment and transformers [1] - The energy storage business achieved a revenue of 336 million yuan, a 1521% increase year-on-year, with successful project deliveries in various applications [1] - The photovoltaic materials segment saw a revenue of 730 million yuan, a 59.57% increase year-on-year, with an increasing share of SMBB welding strips [1] Future Outlook - The company is expected to continue its growth with projected revenues of 4.32 billion yuan, 6.134 billion yuan, and 7.785 billion yuan for 2024, 2025, and 2026 respectively, alongside net profits of 201 million yuan, 300 million yuan, and 384 million yuan [2][4] - The company is focusing on expanding its overseas market presence, particularly in energy storage, and has established partnerships with international firms [1]

一、监事会会议召开情况 威腾电气集团股份有限公司（以下简称"公司"）于 2024 年 8 月 24 日在公 司会议室以现场方式召开了第三届监事会第三十次会议。本次会议的通知于 2024 年 8 月 21 日以专人送达的方式发出。本次会议由公司监事会主席郭群涛先 生召集和主持，会议应出席监事 3 名，实际出席监事 3 名。本次会议的召集和召 开符合《中华人民共和国公司法》和《威腾电气集团股份有限公司章程》（以下 简称"《公司章程》"）的有关规定，会议决议合法、有效。 二、监事会会议审议情况 证券代码：688226 证券简称：威腾电气 公告编号：2024-034 威腾电气集团股份有限公司 第三届监事会第三十次会议决议公告 本公司监事会及全体监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。 全体监事逐项审议并以投票表决方式通过了下列议案： （一）审议通过《关于 2024 年半年度报告及其摘要的议案》 特此公告。 威腾电气集团股份有限公司监事会 2024 年 8 月 27 日 具体内容详见公司同日披露于上海证券交易所网站（www.sse.com.cn ...

Financial Performance - The company reported a significant increase in revenue for the first half of 2024, reaching RMB 1.2 billion, representing a 15% year-over-year growth[1]. - The company's operating revenue for the first half of 2024 reached ¥1,852,185,190.21, representing a year-on-year increase of 79.13% compared to ¥1,033,961,304.44 in the same period last year[14]. - Net profit attributable to shareholders was ¥78,773,382.38, up 104.51% from ¥38,517,260.33 in the previous year[14]. - The net profit after deducting non-recurring gains and losses was ¥76,603,747.19, reflecting a growth of 118.90% compared to ¥34,995,365.02 last year[14]. - Basic earnings per share increased to ¥0.50, a 100.00% rise from ¥0.25 in the same period last year[15]. - The total profit for the first half of 2024 was ¥97,655,920.77, compared to ¥47,360,079.13 in the same period last year, reflecting a growth of 106.4%[155]. - The company reported a total comprehensive income of ¥86,428,640.59, compared to ¥42,666,669.53 in the previous year, indicating a growth of 102.5%[156]. Research and Development - The company has invested RMB 200 million in R&D for new technologies aimed at improving energy efficiency in its product lines[1]. - Research and development expenses accounted for 2.84% of operating revenue, a decrease of 0.32 percentage points from 3.16% in the previous year[15]. - The total R&D expenditure for the current period is ¥52,538,954.89, representing a 60.57% increase compared to ¥32,721,128.59 in the same period last year[32]. - The company has applied for 8 new invention patents and 14 utility model patents during the reporting period, further enhancing its R&D capabilities[31]. - The company has developed a comprehensive R&D, procurement, production, and sales management system, with three major R&D centers located in Yangzhong, Nanjing, and Guangzhou[21]. Market Expansion and Strategy - The company is expanding its market presence in Southeast Asia, targeting a 25% increase in market share by the end of 2024[1]. - The company has provided a positive outlook for the second half of 2024, projecting a revenue growth of 10% to 12%[1]. - The company has been actively expanding its market presence in the renewable energy sector, particularly in photovoltaic and energy storage industries[22]. - The company plans to strengthen brand building and market expansion to enhance its competitive edge[53]. - A strategic acquisition of a local competitor is in progress, which is anticipated to enhance production capacity and operational efficiency[1]. Financial Position and Risks - The total assets of the company at the end of the reporting period were ¥3,699,261,050.58, a 19.30% increase from ¥3,100,810,015.52 at the end of the previous year[14]. - The company's cash flow from operating activities was negative at -¥222,730,077.99, compared to -¥238,195,465.19 in the same period last year[14]. - Financial risks include the potential inability to recover accounts receivable, which could impact cash flow[54]. - The company faces intensified market competition, particularly in the distribution equipment, photovoltaic new materials, and energy storage systems sectors[53]. - Risks related to core technology leakage and personnel turnover have been identified, with measures in place to enhance confidentiality and retention strategies[52]. Environmental and Social Responsibility - The company has invested 2.4044 million RMB in environmental protection during the reporting period[71]. - The company has established an environmental management committee to oversee environmental protection and occupational health safety[73]. - The company actively participates in local poverty alleviation and rural revitalization initiatives, sharing management experience with local communities[74]. - The company has not been listed as a key pollutant discharge unit and has not faced any administrative penalties related to environmental issues during the reporting period[71]. Corporate Governance and Compliance - The company has committed to linking executive compensation to the execution of measures that prevent dilution of immediate returns[111]. - The company has established a risk control system for futures hedging, ensuring the alignment of hedging activities with production operations[64]. - The company has not engaged in speculative derivative investments during the reporting period[65]. - The company has confirmed that all board members and senior management meet the qualifications to perform their duties diligently and faithfully[117]. - There are no unresolved major lawsuits or administrative penalties against the board and senior management, ensuring compliance with legal standards[117].

一、聚焦经营主业，着力推动高质量发展 2024 年上半年，公司持续聚焦做强主业，以提升经营质量为核心，全力做 好各项经营工作。报告期内，公司坚持以市场为导向，以客户为抓手，加强市场 开拓力度，实现经营业绩持续稳健增长。2024 年上半年，公司实现营业收入 18.52 亿元，较上年同期增长 79.13%。配电设备业务中，母线产品收入保持稳定增长 的同时，成套设备及变压器业务发展势头良好，产品不断创新升级，销售取得新 突破，呈现高速增长态势；光伏新材业务收入较上年同期增长近 60%，光伏焊带 二季度出货量较一季度稳中有升。随着公司配电&新能源产业基地部分投产，光 伏焊带产能将得到进一步提升。公司根据市场发展趋势，不断进行前瞻式研发和 技术储备，拓展产品品类；储能系统业务收入规模接近去年全年，实现高速增长。 随着公司全产业链布局进一步完善，公司制造优势日益凸显。公司聚焦网源侧和 用户侧储能业务，积极展开各项合作，在保障国内市场逐步拓展的同时，进一步 加强海外市场的开发和销售工作。公司已与美国西屋电气签订许可协议，双方达 成新能源战略合作，共同深度拓展全球新能源市场。 二、坚持创新驱动，加快培育新质生产力 威腾电气集 ...

Investment Rating - The report assigns a "Buy" rating for the company with a target price of 21.5 CNY, based on an estimated PE of 18 times for 2024 [77][78]. Core Insights - The company is positioned to benefit from the rapid growth in the energy transition and the increasing demand for renewable energy solutions, particularly in the photovoltaic and energy storage sectors [9][87]. - The global photovoltaic market is expected to see significant growth, with new installations projected to reach 574 GW in 2024, leading to increased demand for related materials such as welding strips [2][31]. - The company has established a comprehensive product matrix in the energy storage sector, providing customized solutions that enhance grid stability and flexibility [5][9]. Summary by Sections Market Overview - The global energy transition is irreversible, with the energy storage market experiencing a compound annual growth rate (CAGR) of 108% from 2019 to 2023, and a projected CAGR of 23% from 2024 to 2030 [9][10]. - The photovoltaic welding strip market is expected to grow significantly, with total market size projected to reach 297.56 billion CNY by 2024, reflecting a year-on-year growth of 39.17% [2][23]. Competitive Landscape - The welding strip industry in China is characterized by a relatively low concentration, with the top three companies holding a combined market share of only 27.5% [3][4]. - The company is one of the leading suppliers in the photovoltaic welding strip market, with a strong focus on innovation and product development [56][74]. Financial Performance - The company achieved a revenue of 2.85 billion CNY in 2023, representing a year-on-year increase of 74%, with a projected revenue of 4.11 billion CNY in 2024 [23][75]. - The net profit attributable to the parent company is expected to grow from 1.9 billion CNY in 2024 to 3.5 billion CNY in 2026, reflecting a robust growth trajectory [23][77]. Product Development - The company has made significant advancements in its photovoltaic welding strip technology, including the development of SMBB and 0BB welding strips, which enhance efficiency and reduce costs [61][74]. - The company has a strong R&D focus, with a notable increase in R&D expenditures, positioning it well within the competitive landscape [56][67]. Strategic Initiatives - The company is actively expanding its international presence, particularly in the energy storage sector, and has established partnerships to enhance its market reach [19][76]. - The company is leveraging its technological capabilities to develop smart grid solutions, aligning with the increasing demand for intelligent energy management systems [50][52].

本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东大会召开的时间：2024 年 7 月 2 日 威腾电气集团股份有限公司 2024 年第二次临时股东大会决议公告 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： 证券代码：688226 证券简称：威腾电气 公告编号：2024-033 （二） 股东大会召开的地点：江苏省扬中市新坝科技园南自路 1 号威腾电气会 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 | 15 | | --- | --- | | 普通股股东人数 | 15 | | 2、出席会议的股东所持有的表决权数量 | 95,460,710 | | 普通股股东所持有表决权数量 | 95,460,710 | | 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 | 60.9947 | | 比例（%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例 | 60.9947 | | （%） ...