目 录 | 关于经营情况………………………………………………… 一、 | 第 1—21 | 页 | | --- | --- | --- | | 二、关于客户及供应商情况………………………………………第 | 21—42 | 页 | | 三、关于经营活动产生的现金流量净额情况……………………第 | 42—48 | 页 | | 四、关于应收账款情况……………………………………………第 | 48—64 | 页 | | 五、关于预付账款情况……………………………………………第 | 65—73 | 页 | | 六、关于存货情况…………………………………………………第 | 73—83 | 页 | | 七、关于股权收购情况……………………………………………第 | 83—88 | 页 | | 八、关于固定资产及无形资产情况………………………………第 | 88—96 | 页 | | 九、关于销售费用及管理费用情况…………………………… 第 | 96—113 | 页 | 问询函专项说明 天健函〔2025〕661 号 上海证券交易所： 由浙江禾川科技股份有限公司（以下简称禾川科技公司或公司）转来的《关 于对浙江禾川科技股份有限公司 ...

证券代码：688320 证券简称：禾川科技 公告编号：2025-040 浙江禾川科技股份有限公司 关于 2024 年年度报告的信息披露监管问询函 的回复公告 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。 风险提示： 持续亏损的风险：2024 年公司对光伏设备行业销售依赖程度较高，光 伏行业阶段性产能过剩，导致公司收入和毛利大幅下滑，并造成公司信用减值 损失和资产减值损失计提增加，同时公司在资产、人员和资源的持续投入导致 销售费用、研发费用、管理费用上升，造成公司 2024 年出现大额亏损。2025 年若光伏行业持续下行、公司在其他行业的拓展不及预期，公司业绩存在持续 亏损的风险。 资产减值风险：公司正常库存商品不存在滞销风险，旧机型商品库存 2,715.41 万元因产品迭代而市场需求减少存在一定滞销风险。针对光伏锂电行 业客户，因其整体预期损失率高于其他行业，公司将其单独拆分出账龄组合计 提坏账准备，坏账准备计提充分。若未来光伏锂电行业持续下行，公司将根据 《企业会计准则》和公司会计政策，基于谨慎性原则，对相关资产进一步计提 ...

Summary of Key Points Core Viewpoint - The announcement details the completion of the share reduction plan by the directors and senior management of Zhejiang Hechuan Technology Co., Ltd, indicating that no shares were sold during the planned reduction period due to personal financial needs and market conditions [1][2][3]. Group 1: Shareholding Information - Prior to the reduction plan, the total shareholding of the directors and senior management was 7.2283% of the total share capital, with specific holdings of 10,915,688 shares by Xiang Henghui and 4,585,987 shares by Xu Xiaojie [1][2]. - The shares held by the directors were obtained prior to the company's initial public offering (IPO) and were released from restrictions on October 30, 2023 [1]. Group 2: Reduction Plan Details - The reduction plan was first disclosed on March 12, 2025, with a planned reduction of up to 1.8071% for Xiang Henghui and 0.7592% for Xu Xiaojie [1][3]. - The reduction period was set from April 3, 2025, to July 2, 2025, during which no shares were sold, resulting in a total of 2,728,922 shares for Xiang Henghui and 1,146,496 shares for Xu Xiaojie remaining unsold [3]. Group 3: Implementation Results - The actual reduction was 0 shares for both directors, with the total amount of shares intended for reduction remaining at 0, indicating that the planned reductions were not executed [2][3]. - The announcement confirms that the actual reduction situation aligns with the previously disclosed reduction plan, and no minimum reduction quantity or percentage was set [3].

重要内容提示： 证券代码：688320 证券简称：禾川科技 公告编号：2025-039 浙江禾川科技股份有限公司 关于董监高减持股份计划时间届满 暨减持结果公告 本公司董事会、全体董事及相关股东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。 董监高持股的基本情况 本次减持计划实施前，浙江禾川科技股份有限公司（以下简称"禾川科技" 或"公司"）部分董监高持股情况如下： 1、公司董事、副总经理项亨会先生持有公司股份数 10,915,688 股，占公司 总股本的 7.2283%； 2、公司董事、总经理徐晓杰先生持有公司股份数 4,585,987 股，占公司总股 本的 3.0368%； 前述股份来源于公司首次公开发行前持有的股份，且已于 2023 年 10 月 30 日解除限售并上市流通。 减持计划的实施结果情况 公司于 2025 年 3 月 12 日在上海证券交易所网站（www.sse.com.cn）披露了 《浙江禾川科技股份有限公司董监高减持股份计划公告》（公告编号：2025-008）， 因个人自身资金需求，上述减持主体计划自该公告披露之日起 1 ...

Core Insights - The Chinese programmable logic controller (PLC) market is projected to reach 17.66 billion yuan in 2024, reflecting a year-on-year growth of 14.45% [1][11] - The demand structure indicates a divergence in the market, with traditional industries experiencing weakness while emerging sectors show significant growth [1][11] - Key sectors driving demand include traditional heavy industries like automotive, power, metallurgy, and transportation, alongside emerging fields such as renewable energy and lithium battery production [1][11] Industry Overview - PLCs are digital electronic systems designed for industrial environments, capable of executing various control tasks through programmable memory [1][4] - The PLC industry has evolved through four main stages: initial development, application introduction, domestic production growth, and deep localization [4][5][6] Industry Development History - The initial development phase began in the mid-1970s, with the first PLCs being developed and applied in China [4] - The 1990s saw a heavy reliance on imported PLCs, with domestic production lagging due to high costs and long return periods [5] - The early 2000s marked a surge in demand driven by manufacturing growth, leading to the entry of domestic players into the PLC market [5] - Recent years have seen a focus on self-sufficiency and the development of core technologies in response to international pressures [6] Industry Supply Chain - The upstream supply chain includes essential components such as chips, electronic components, and integrated circuits, with chips being the core part affecting PLC performance [8] - The downstream applications span various industries, including power, metallurgy, chemicals, and transportation [9] Current Industry Status - The PLC market is experiencing strong growth, driven by industrial automation needs, with a projected market size of 17.66 billion yuan in 2024 [11] - Demand is increasing in traditional sectors while emerging industries like semiconductor manufacturing and industrial robotics are also contributing to market growth [11][13] Key Companies - Major foreign brands like Siemens, Mitsubishi, and Omron dominate the high-end market, while domestic brands are gaining traction in the small PLC segment [15] - Companies such as Inovance Technology and Zhong控 Technology are notable players, focusing on innovation and market penetration [16][18] Industry Trends - The PLC market is expected to continue growing, driven by demand in sectors like renewable energy and smart grids [20] - Technological advancements will lead to smarter, more integrated PLC systems capable of real-time optimization and enhanced compatibility with other devices [21][22] - The application of PLCs is expanding into new areas such as smart transportation and environmental management, reflecting changing market needs [23]

Group 1 - The core viewpoint of the articles highlights the positive operational developments of listed companies in the second quarter of 2025, showcasing advancements in various sectors such as semiconductors, robotics, new energy, and new materials [2][3] - Companies are actively sharing updates on project progress, new technologies, and orders, indicating a trend of industrial upgrades and strategic transformations [2][3] - High-growth sectors continue to exhibit strong growth momentum, while cyclical industries are seeking balance amid supply-demand adjustments [3] Group 2 - Chip companies are benefiting from the AI industry, with interconnect chip orders exceeding RMB 12.9 billion as of April 22, 2025, and expectations for significant growth in DDR5 memory interface chip demand [4] - Traditional cyclical industries like coal and chemicals are showing resilience through cost control and structural optimization, with companies like Guanghui Energy anticipating stabilization in coal prices due to various market factors [4][5] - Manufacturing companies are focusing on improving production efficiency and meeting customer demands, with firms like Xinqianglian and Guangxin Materials reporting strong order backlogs and plans for product launches [5] Group 3 - Many listed companies are already building momentum for annual revenue growth, particularly in emerging sectors like new energy and robotics, with plans for market expansion and quality enhancement through mergers and acquisitions [6] - Companies like Longmag Technology are localizing raw material supply to reduce production costs and enhance supply chain stability [6] - Hechuan Technology is actively developing humanoid robots and plans to launch new products in the second half of 2025 [6] Group 4 - The new merger regulations have made acquisitions a key strategy for A-share companies to optimize resource allocation, with firms like Chenhua Co. targeting investments in new materials and fine chemical agents [7] - Guoxing Optoelectronics is focusing on upstream and downstream opportunities in the LED and optical sensing sectors, while Zhenbaodao is exploring new industries through asset acquisitions [7] - Huichuan Technology is looking for overseas acquisition opportunities, concentrating on automation, digitalization, and intelligent sectors that align with its core business [7]

Core Points - The company held the eighth meeting of the fifth supervisory board on May 22, 2025, to discuss the stock incentive plan [1][2] - The supervisory board confirmed that the company meets the qualifications to implement the stock incentive plan and that the conditions for granting restricted stocks have been fulfilled [1][2] - The grant date for the incentive plan was set for May 22, 2025, with unanimous approval from all supervisory board members [2] Summary by Sections - **Meeting Details** - The meeting was chaired by the supervisory board chairman, Ye Yajian, with all three supervisors present, meeting legal requirements [1] - **Incentive Plan Approval** - The supervisory board reviewed and approved the conditions for granting restricted stocks, confirming compliance with relevant laws and regulations [1] - The incentive plan's grant date aligns with the regulations set forth in the stock incentive management measures and the company's draft plan [2] - **Voting Results** - The voting outcome was 3 in favor, representing 100% of the supervisory board members, with no abstentions or objections [2]

浙江禾川科技股份有限公司 2025 年限制性股票激励计划激励对象名单 浙江禾川科技股份有限公司 2025 年限制性股票激励计划授予的激励对象名单 （截至授予日） | 姓名 | 国籍 | 职务 | 获授的限制性 股票数量（万 | 占授予限制性 股票总数的比 | 占本激励计 划草案公告 | | --- | --- | --- | --- | --- | --- | | | | | 股） | 例 | 时股本总额 的比例 | | 鄢鹏飞 | 中国 | 董事、副总裁、核心 技术人员 | 20.00 | 7.69% | 0.13% | | 叶云青 | 中国 | 财务总监 | 3.00 | 1.15% | 0.02% | | 李波 | 中国 | 核心技术人员 | 2.00 | 0.77% | 0.01% | | 张宇 | 中国 | 核心技术人员 | 2.00 | 0.77% | 0.01% | | | 核心骨干人员（114 | 人） | 233.23 | 89.62% | 1.54% | | | 合计（共 | 118 人） | 260.23 | 100.00% | 1.72% | 注：1、本激励计划中任何一名激励对象通过全 ...

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； 浙江禾川科技股份有限公司 激励对象名单的核查意见（截至授予日） 浙江禾川科技股份有限公司（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 板上市公司信息披露业务指南第 4 号——股权激励信息披露》等相关法律、法规及 规范性文件和《浙江禾川科技股份有限公司章程》（以下简称"《公司章程》"） 的有关规定，对公司 2025 年限制性股票激励计划（以下简称"本激励计划"）授予 激励对象名单（截至授予日）进行了核查，发表核查意见如下： 一、本激励计划授予的激励对象均不存在《管理办法》规定的不得成为激励对 象的情形： 监事会关于公司 2025 年限制性股票激励计划 1、最近 12 个月内被证券交易所认定为不适当人选； 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； 4、具有《公司法》规定的 ...

证券代码：688320 证券简称：禾川科技 公告编号：2025-036 授予限制性股票的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏，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： 限制性股票授予日：2025 年 5 月 22 日 限制性股票授予数量：260.23 万股，占授予时公司股本总额 15,101.37 万股的 1.72% 根据《上市公司股权激励管理办法》（以下简称"《管理办法》"）《浙江 禾川科技股份有限公司 2025 年限制性股票激励计划》（以下简称"《激励计划》" 或"本激励计划"）及其摘要的相关规定及公司 2025 年第一次临时股东会的授 权，公司和激励对象符合公司《激励计划》授予条件的规定，本激励计划的授予 条件已经成就。公司于 2025 年 5 月 22 日召开的第五届董事会第十二次会议、第 五届监事会第八次会议，审议通过了《关于向激励对象授予限制性股票的议案》， 确定 2025 年 5 月 22 日为授予日，以 21.82 元/股的授予价格向 118 名激励对象授 予 260.23 万股限制性股票。现将有关事项说明如 ...