上海宏力达信息技术股份有限公司 2025 年度"提质增效重回报"行动方案的半年度 评估报告 为深入贯彻党的二十大和中央金融工作会议精神，落实国务院《关于进一步 提高上市公司质量的意见》的要求，积极响应上海证券交易所《关于开展沪市公 司"提质增效重回报"专项行动的倡议》，践行"以投资者为本"的上市公司发展理 念，促进持续改善经营、规范治理并积极回馈投资者，上海宏力达信息技术股份 有限公司（以下简称"公司"）于 2025 年 5 月 27 日发布《2025 年度"提质增效重 回报"行动方案》（以下简称"行动方案"）。根据行动方案的内容，公司积极开展 和落实相关工作，现将 2025 年行动方案半年度执行评估情况报告如下： 一、聚焦主营业务，提升经营质量 2025 年上半年，公司顺应新型电力系统建设的发展趋势，持续专注配电网 智能设备的研发创新与产品服务，报告期内实现归属于上市公司股东的净利润约 0.99 亿元，同比上升 2.56%；公司经营活动产生的现金流量净额约为 1.35 亿元， 较上年同期增长 30.91%，保持了健康稳定的经营态势。报告期内，面对行业市 场竞争加剧，公司积极开展经营管理活动，通过深化产品技术 ...

证券代码：688330 证券简称：宏力达 公告编号：2025-032 上海宏力达信息技术股份有限公司 关于 2025 年半年度计提资产减值准备的公告 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。 上海宏力达信息技术股份有限公司（以下简称"公司"）于 2025 年 8 月 27 日 召开第四届董事会第三次会议，审议通过了《关于公司 2025 年半年度计提资产 减值准备的议案》，现将有关事项公告如下： 一、计提资产减值准备情况概述 根据《企业会计准则》以及公司会计政策、会计估计的相关规定，为了真实、 准确地反映公司截至 2025 年 6 月 30 日的财务状况，本着谨慎性原则，公司对截 至 2025 年 6 月 30 日公司及下属子公司的资产进行了减值测试，对可能发生减值 损失的相关资产计提减值准备。2025 年半年度计提的资产减值准备 2,974.63 万 元。具体情况如下： 单位：元 | 序号 | 项目 | 2025 年半年度 计提金额 | 备注 | | --- | --- | --- | --- | | 1 | 信用减 ...

证券代码：688330 证券简称：宏力达 公告编号：2025-031 上海宏力达信息技术股份有限公司 关于 2025 年半年度募集资金存放、管理与实际使用 情况的专项报告的公告 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。 根据中国证券监督管理委员会发布的《上市公司募集资金监管规则》和上海 证券交易所发布的《上海证券交易所科创板上市公司自律监管指引第 1 号——规 范运作》等有关规定，上海宏力达信息技术股份有限公司（以下简称"公司"） 编制了截至 2025 年 6 月 30 日的《上海宏力达信息技术股份有限公司关于 2025 年半年度募集资金存放、管理与实际使用情况的专项报告》。 一、募集资金基本情况 （一）实际募集资金金额及资金到账情况 经上海证券交易所科创板股票上市委员会审核通过，根据中国证券监督管理 委员会"证监许可〔2020〕2129 号"文《关于同意上海宏力达信息技术股份有 限公司首次公开发行股票注册的批复》同意注册，公司首次公开发行人民币普通 股 （ A 股 ） 2,500 万 股 ， 发行 价 格 每 股 ...

证券代码：688330 证券简称：宏力达 公告编号：2025-034 上海宏力达信息技术股份有限公司 关于变更证券事务代表的公告 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。 上海宏力达信息技术股份有限公司（以下简称"公司"）于 2025 年 8 月 27 日 召开第四届董事会第三次会议，审议通过了《关于变更证券事务代表的议案》， 同意聘任李家瑜女士担任公司证券事务代表，协助董事会秘书履行各项职责，董 事会秘书宫文静女士不再兼任证券事务代表。 李家瑜女士已取得上海证券交易所科创板董事会秘书任职培训证明，具备履 行职责所必须的专业知识、相关素质与工作经验，能够胜任相关岗位职责的要求， 其任职资历符合担任上市公司证券事务代表的要求，符合《中华人民共和国公司 法》《上海证券交易所科创板股票上市规则》等相关法律、法规及规范性文件的 规定。 截至本公告披露日，李家瑜女士未持有公司股份，与公司实际控制人、持股 5%以上股份的股东以及公司董事、高级管理人员之间不存在关联关系，未受过 中国证监会及其他有关部门的处罚和证券交易所的惩戒，亦 ...

Group 1 - The core viewpoint of the article highlights the growth in the electrical machinery and equipment manufacturing industry in China, with an increase in the number of enterprises and their contribution to the overall industrial sector [1][3]. - As of the first half of 2025, there are 37,051 enterprises in the electrical machinery and equipment manufacturing sector, which is an increase of 1,576 enterprises compared to the same period last year, representing a year-on-year growth of 4.44% [1]. - The electrical machinery and equipment manufacturing sector accounts for 7.12% of the total number of industrial enterprises in China [1]. Group 2 - The report referenced is the "2025-2031 China Electrical Machinery Industry Market Competition Situation and Prospects Strategic Research Report" published by Zhiyan Consulting [1]. - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in in-depth industry research reports, business plans, feasibility studies, and customized services [2]. - The data used in the report is sourced from the National Bureau of Statistics and organized by Zhiyan Consulting [3].

Core Viewpoint - The demand for smart pole-mounted switches is primarily driven by the State Grid Corporation, which is a key player in China's distribution equipment market and has stringent quality and technology requirements for these products. The overall tender volume for smart pole-mounted switches is expected to increase from 63,800 units in 2018 to 232,200 units in 2024, despite fluctuations due to various external factors [1][12][13]. Overview - Smart pole-mounted switches, also known as integrated switches, are installed on overhead distribution lines and feature automation monitoring, remote control, protection, and communication capabilities. They are essential for enhancing the reliability of distribution lines and optimizing grid operation efficiency [2]. Market Policy - The smart pole-mounted switch falls under the category of "C38 Electrical Machinery and Equipment Manufacturing" in China's national economic industry classification. The development of this sector is supported by various government policies aimed at enhancing the safety and efficiency of the power system [5][7]. Industry Chain - The upstream materials for smart pole-mounted switches include switch bodies, insulation modules, current/voltage transformers, and other components, with direct materials accounting for over 90% of costs. The midstream involves manufacturing, while the downstream applications cover various sectors, including urban and rural power grids and renewable energy integration [8][9]. Development Status - The State Grid is the primary customer for smart pole-mounted switches, reflecting the market's development. The tender volume for these switches is expected to show a growth trend, with significant increases projected for 2024 [12][14]. Competitive Landscape - The smart pole-mounted switch industry has a competitive market structure, with numerous participants. In 2024, 255 companies won tenders from the State Grid, with a total bid amount of 9.46 billion yuan. Key players include Keda Intelligent Electric Technology Co., Shanghai Honglida Information Technology Co., and others [16][17]. Industry Representative Analysis - Shanghai Honglida Information Technology Co. reported a total revenue of 979 million yuan and a gross profit of 448 million yuan in 2024, indicating strong performance in the smart distribution network sector [20]. - Jinguang Electric Co. achieved a total revenue of 658 million yuan and a gross profit of 214 million yuan in 2024, focusing on the development of smart high-voltage switchgear and other related products [22]. Development Trends - Future advancements in integrated technology and AI algorithms are expected to enhance the performance and efficiency of smart pole-mounted switches, improving fault detection accuracy and response times. The integration of 5G technology will further optimize operational efficiency in power grid management [24].

Core Insights - The core viewpoint of the article highlights the significant growth in China's lithium battery separator shipments, with a projected volume of approximately 13.3 billion square meters in the first half of 2025, representing a year-on-year increase of 47.6% [2]. Group 1: Industry Overview - The total shipment of lithium battery separators in China for 2025H1 is estimated at 13.3 billion square meters, with a year-on-year growth of 47.6% [2]. - Among the shipments, wet-process separators account for 10.95 billion square meters, making up 82.3% of the total, while dry-process separators contribute 2.35 billion square meters, or 17.7% [2]. - The share of wet-process separators has increased by 11.1% compared to the previous year, primarily due to the rising penetration of 314Ah cells in the energy storage sector, which are better suited for wet-process separators [2]. Group 2: Market Leaders - The top 10 companies in China's lithium battery separator shipments for 2025H1 are as follows: 1. SEMCORP (恩捷股份) 2. Xingyuan Material (星源材质) 3. Jinli (金力股份) 4. China National Materials (中材科技) 5. Housheng New Energy (厚生新能源) 6. Kanghui New Materials (康辉新材) 7. Huiqiang New Energy (惠强新能源) 8. Zhongxing New Materials (中兴新材) 9. Cangzhou Mingzhu (沧州明珠) 10. Putailai (璞泰来) [3].

Group 1 - The company held its fourth board meeting on July 28, 2025, where all 8 directors attended and approved the resolution regarding the grant of reserved restricted stocks under the 2025 stock incentive plan [2][3] - The board agreed to grant 79,700 reserved restricted stocks to 3 incentive objects at a price of 14.76 yuan per share, effective from July 28, 2025 [2][17][24] Group 2 - The company announced a cash dividend of 0.34 yuan per share for the 2024 fiscal year, which was approved at the annual shareholders' meeting on June 27, 2025 [8][9] - The total cash dividend distribution amounts to approximately 47.16 million yuan, based on a total share capital of 140 million shares, excluding shares in the repurchase account [9][8] Group 3 - The company confirmed that the reserved stock grant conditions have been met, and the grant complies with relevant laws and regulations [24][32] - The independent financial advisor and legal counsel have provided opinions affirming that the stock incentive plan has received necessary approvals and meets all regulatory requirements [32][33]

Core Viewpoint - The legal opinion issued by Guohao Law Firm confirms that Shanghai Honglida Information Technology Co., Ltd.'s differentiated dividend distribution plan complies with relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders [1][4][5]. Group 1: Reasons for Differentiated Dividend - The differentiated dividend is based on the regulations of the Repurchase Rules and the Guidelines for Repurchase, which state that shares in the repurchase account do not have rights to profit distribution [2][3]. - As of September 3, 2024, the company has repurchased a total of 1,301,916 shares through centralized bidding [2]. Group 2: Dividend Distribution Plan - The company plans to distribute a cash dividend of 3.4 yuan (including tax) for every 10 shares based on the total share capital minus the repurchased shares [3][4]. - The total number of shares eligible for profit distribution is 138,698,084 after excluding the repurchased shares from the total share capital of 140,000,000 [4]. Group 3: Calculation Basis for Differentiated Dividend - The reference price for ex-dividend is calculated as (previous closing price - cash dividend) / (1 + change in circulating shares ratio) [4]. - The actual cash dividend distributed is calculated to be approximately 0.33684 yuan per share after considering the total eligible shares [5]. Group 4: Conclusion - The legal opinion concludes that the differentiated dividend distribution aligns with the Company Law, Securities Law, Repurchase Rules, and the company's articles of association, with no adverse effects on the company or its shareholders [5].

Core Viewpoint - The company has approved the grant of reserved restricted stock under its 2025 Restricted Stock Incentive Plan, with specific conditions met for the grant [1][5][12]. Summary by Sections Restricted Stock Grant Details - The reserved grant date is set for July 28, 2025, with a total of 79,700 shares to be granted at a price of 14.76 yuan per share, representing 0.06% of the company's total share capital of 14 million shares [5][12]. - The grant is directed towards three middle management and technical personnel [10][11]. Decision-Making Process - The decision to grant the restricted stock has undergone necessary approvals from the board and the supervisory committee, confirming compliance with relevant regulations [3][4][14]. - The company has publicly disclosed the names and positions of the incentive recipients, with no objections raised during the public notice period [2][6]. Compliance with Grant Conditions - The board has verified that both the company and the incentive recipients meet all conditions for the grant, as outlined in the incentive plan [7][8]. - The conditions include no adverse audit opinions or legal restrictions affecting the company or the recipients [6][7]. Vesting Schedule - The vesting of the granted restricted stock will occur in two phases: 50% after 12 months and the remaining 50% after 24 months from the grant date [9][10]. - The stock cannot be transferred or used as collateral before vesting [10]. Financial Impact - The company will measure the fair value of the restricted stock using the Black-Scholes model, with the associated costs recognized in the financial statements over the vesting period [12][13]. - The estimated total expense for the reserved stock grant will be amortized over the years 2025 to 2027 [13]. Legal and Financial Advisory Opinions - Legal and financial advisors have confirmed that the grant complies with all applicable laws and regulations, ensuring the legitimacy of the incentive plan [14][15].