新华财经上海4月30日电（记者郭慕清）近日，海博思创（688411）发布了 2024 年年报，在过去一年业绩稳步增长，实现 了营收与净利润的双增长，交出了上市后的首份漂亮"成绩单"。 年报数据显示，2024 年海博思创实现营业总收入 82.70 亿元，同比增长 18.44%；归属于母公司所有者的净利润达 6.48 亿 元，同比增长 12.06%；基本每股收益为 4.86 元，同比增长 11.98%。 数据显示，报告期内，海博思创主要通过销售储能系统产品获取收入和利润。2024年，海博思创的储能业绩可圈可点：储 能行业营收81.93亿元，营收占比99%，同比增长18.27%。储能行业毛利率18.22%，同比减少1.19个百分点。 随着全球能源转型的加速，储能市场需求持续增长。海博思创在巩固国内市场优势的同时，积极拓展海外业务，订单呈规 模增长趋势。年报显示，公司已顺利交付了德国国王湖独立储能电站、芬兰分布式储能电站等海外项目，2024年，公司在 海外市场的营业收入为53871.40万元，毛利率为42.14%。 技术创新一直是海博思创发展的核心驱动力。数据显示，海博思创研发投入持续加大，公司2024年研发费用达2 ...

Core Insights - Haibo Sichuang (688411.SH) reported its first annual financial results post-IPO, achieving a revenue of 8.27 billion yuan, a year-on-year increase of 18.44%, and a net profit of 648 million yuan, up 12.06% [1][3] - The company plans to distribute a cash dividend of 11 yuan per 10 shares, totaling approximately 196 million yuan, which accounts for about 30% of its total profit [1] - Haibo Sichuang is recognized as a leading player in the domestic energy storage integration market, ranking first in installed capacity among operational power stations in China by the end of 2024 [3][4] Financial Performance - In Q4, Haibo Sichuang's profit reached 334 million yuan, representing over half of the annual profit, with the highest net cash flow from operating activities at 2.41 billion yuan [3] - The company produced 11,411 MWh of energy storage products, a year-on-year increase of 35.4%, and sold 11,815 MWh, up 90.19% [3] - The gross margin for the energy storage sector was 18.22%, a decrease of 1.19 percentage points year-on-year, with domestic gross margin at 16.85% and overseas gross margin at 42.14% [3] Research and Development - R&D investment increased by 40.1% to 250 million yuan, accounting for nearly 40% of the net profit, aimed at maintaining technological leadership [6][8] - The number of R&D personnel grew from 205 to 322, with total compensation rising from 75 million yuan to 120 million yuan, a 60% increase [6][7] - The company focuses on AI integration and big data for lifecycle management of energy storage stations [8] Market Position and Strategy - Haibo Sichuang has established partnerships with leading companies in the U.S., France, and Australia, and has delivered projects in Germany and Finland [4][5] - The company aims to reduce low-price competition and focus on market-driven orders, anticipating a market polarization where leading firms will capture a larger market share [10] - As of April 30, Haibo Sichuang's stock price increased by 13.61%, with a total market capitalization of approximately 13.2 billion yuan [11]

Core Insights - Haibosichuang reported a revenue of 826,970.43 million yuan for 2024, an increase of 18.44% year-on-year, and a net profit attributable to shareholders of 64,783.81 million yuan, up 12.06% year-on-year [1] - The company is a leading provider of energy storage system solutions and services, focusing on R&D, production, sales, and service for various energy sectors [3][4] - Haibosichuang has established partnerships with major international energy storage integrators and has made significant progress in expanding its global market presence [4] Financial Performance - The total assets of Haibosichuang reached 1,097,150.47 million yuan, growing by 18.83% since the beginning of the year, while the net assets attributable to shareholders increased by 31.72% to 314,120.20 million yuan [1] - The company’s net profit excluding non-recurring gains and losses was 62,808.09 million yuan, reflecting an 11.87% increase year-on-year [1] Market Position and Strategy - Haibosichuang holds a significant market share in the domestic energy storage market, benefiting from the rapid growth of the sector [3] - The company is recognized as a national high-tech enterprise and has received various accolades, including being named a "little giant" enterprise and a "unicorn" in Beijing [3] Industry Trends - The energy storage industry is expected to grow significantly, driven by national policies aimed at achieving carbon neutrality by 2060 [5][6] - By the end of 2024, China's cumulative installed power storage capacity is projected to exceed 137.9 GW, with new energy storage installations expected to grow by over 100% year-on-year [6][7] R&D and Innovation - Haibosichuang invested 250,167,716.29 yuan in R&D in 2024, a 40.10% increase from the previous year, representing 3.03% of its revenue [8] - The company has accumulated 358 authorized intellectual properties, including 168 patents, demonstrating its commitment to technological advancement [8][9] Technological Advancements - The company has established a joint research center with Tsinghua University, focusing on cutting-edge topics in battery safety and control [9] - Haibosichuang's AI cloud platform integrates IoT and edge computing technologies, enhancing the operational efficiency of energy storage systems [11][12] Future Outlook - The "Energy Storage + X" strategy aims to transform the company from a device supplier to a comprehensive value manager in the energy ecosystem [10][11] - The company is positioned to benefit from the increasing demand for energy storage solutions as the global market evolves [7][10]

Group 1 - The solid-state battery sector is experiencing a significant upward trend, with companies like Li Yuan Heng and Haibo Si Chuang seeing increases of over 10% [1] - Zhongxin Fluorine Materials (002915) has risen by more than 6%, indicating strong market interest [1] - Sanxiang New Materials (603663) and China Baowu Steel Group (000009) are also among the top gainers in this market rebound [1] Group 2 - The article suggests that investors should consider buying index ETFs to capitalize on the rebound in the market [1]

Key Insights - The report highlights the growth in the active bond fund sector, with a total of 3,263 funds and a total scale of 7.90 trillion yuan, reflecting a 1.0% increase quarter-on-quarter [7][8] - The performance of active bond funds showed mixed results, with short-term pure bond funds performing well due to rising government bond yields, while mixed secondary bond funds saw increased volatility [7][8] - The report indicates a shift in asset allocation within bond funds, with a decrease in bond positions and an increase in equity positions, particularly in sectors like non-ferrous metals and pharmaceuticals [8] Group 1: Active Bond Fund Overview - As of the end of Q1 2025, the number of active bond funds increased by 0.8% compared to the previous quarter, while the total fund scale rose by 1.0% [7] - In Q1 2025, 43 new active bond funds were issued, totaling 783.7 billion yuan, which is a 16.7% decrease from the previous quarter [7] - The issuance of medium to long-term pure bond funds decreased by 31.5%, while mixed secondary bond funds saw a 65.1% increase in issuance [7] Group 2: Company-Specific Insights - For Mindray Medical (300760.SZ), the company reported a revenue of 36.726 billion yuan in 2024, a year-on-year increase of 5.14%, with a net profit of 11.668 billion yuan, up 0.74% [9][10] - The company’s international business grew by 21.28%, accounting for approximately 45% of total revenue, indicating a strong international expansion strategy [11] - The report anticipates a recovery in domestic business by Q3 2025, despite a significant year-on-year decline in Q1 2025 [11] Group 3: Industry Trends - The report on Haibo Technology (688411.SH) indicates a revenue of 8.270 billion yuan in 2024, a growth of 18.44%, with a focus on energy storage systems [14][15] - The company’s energy storage product output and sales saw significant increases, with a 35.40% rise in production and a 90.19% increase in sales [15] - The report emphasizes the company’s leading position in the domestic energy storage market and its successful international partnerships [17] Group 4: Financial Performance - For Sanmei Co., Ltd. (603379.SH), the company achieved a revenue of 4.040 billion yuan in 2024, a 21.17% increase, with a net profit growth of 178.40% [24][25] - The report highlights the impact of rising refrigerant prices and strong demand from the home appliance and automotive sectors on the company’s financial performance [25][26] - The company is expected to maintain strong performance due to favorable supply-demand dynamics in the refrigerant market [28] Group 5: Future Outlook - The report suggests that the domestic medical device market, particularly for Mindray Medical, is poised for recovery, with expectations of improved performance in 2025 [11][12] - Haibo Technology is projected to continue its growth trajectory, supported by its strong market position and international expansion efforts [17][18] - Sanmei Co., Ltd. is expected to benefit from ongoing demand in the refrigerant market, with projections for significant profit growth in the coming years [28]

Financial Performance - In 2024, the company achieved operating revenue of 8.27 billion yuan, representing a year-on-year growth of 18.44% [1] - The net profit attributable to shareholders was 648 million yuan, with a year-on-year increase of 12.06% [1] - The company plans to distribute a cash dividend of 11 yuan per 10 shares (including tax), amounting to a total of 196 million yuan, which is 30.18% of the net profit for the year [1] Technological Innovation - The company has made significant advancements in technology and products, particularly in energy storage system solutions, covering various applications such as shared and independent storage, new energy integration, and emergency safety [1] - Ongoing research includes semi-solid state energy storage battery systems and integrated technologies to enhance energy density and grid stability [2] - The company has developed a new generation of energy storage inverters that have been commercially applied, providing innovative solutions to clients [1][2] AI and Smart Manufacturing - The company is leveraging artificial intelligence to enhance the energy storage value chain, integrating AI models, domain knowledge, and real-time data [2] - It has established smart manufacturing bases in multiple locations, focusing on intelligent production lines, warehousing, and logistics, which significantly improve efficiency and reduce labor costs [2] - Plans for 2025 include further advancing AI, big data, and digital twin technologies in the energy storage sector to enhance operational safety and asset value [2]

公司代码：688411 公司简称：海博思创 北京海博思创科技股份有限公司 2024年度内部控制评价报告 按照企业内部控制规范体系的规定，建立健全和有效实施内部控制，评价其有效性，并如实披露内 部控制评价报告是公司董事会的责任。监事会对董事会建立和实施内部控制进行监督。经理层负责组织 领导企业内部控制的日常运行。公司董事会、监事会及董事、监事、高级管理人员保证本报告内容不存 在任何虚假记载、误导性陈述或重大遗漏，并对报告内容的真实性、准确性和完整性承担个别及连带法 律责任。 公司内部控制的目标是合理保证经营管理合法合规、资产安全、财务报告及相关信息真实完整，提 高经营效率和效果，促进实现发展战略。由于内部控制存在的固有局限性，故仅能为实现上述目标提供 合理保证。此外，由于情况的变化可能导致内部控制变得不恰当，或对控制政策和程序遵循的程度降低， 根据内部控制评价结果推测未来内部控制的有效性具有一定的风险。 二. 内部控制评价结论 1. 公司于内部控制评价报告基准日，是否存在财务报告内部控制重大缺陷 □是 √否 2. 财务报告内部控制评价结论 √有效 □无效 北京海博思创科技股份有限公司全体股东： 根据《企业内部控 ...

中泰证券股份有限公司关于 北京海博思创科技股份有限公司 确认2024年度日常关联交易及预计2025年度日常关联交易的核 查意见 中泰证券股份有限公司（以下简称"中泰证券"或"保荐机构"）作为北京海博 思创科技股份有限公司（以下简称"海博思创"或"公司"）首次公开发行股票并在 科创板上市持续督导阶段的保荐机构，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》《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，对公司确认2024年度日常关联交易 及预计2025年度日常关联交易事项进行了审慎尽职调查，具体核查情况如下： | | | | | 本年年初至 | | | 本次预计 2025年度 | | --- | --- | --- | --- | --- | --- | --- | --- | | 关联人 | 关联交 | 本次预计 2025年度金 | 占同类业务比 | 2025.03.31 与关联人累 | 2024年度实际 | 占同类业务 | 金额与 | | | 易类型 | 额 | 例 | | 发生金额 | 比例（注1） | 2024年度 | | | | | | 计已发生 ...

中泰证券股份有限公司关于 北京海博思创科技股份有限公司 变更部分募集资金投资项目实施主体、实施地点、实施方式暨向 全资子公司增资并新设募集资金专户的核查意见 中泰证券股份有限公司（以下简称"中泰证券"或"保荐机构"）作为北京海博 思创科技股份有限公司（以下简称"海博思创"或"公司"）首次公开发行股票并在 科创板上市持续督导阶段的保荐机构，根据《证券发行上市保荐业务管理办法》 《上市公司监管指引第2号——上市公司募集资金管理和使用的监管要求》《上 海证券交易所科创板股票上市规则》《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，对公司变更部分募集资金投资项目实施 主体、实施地点、实施方式暨向全资子公司增资并新设募集资金专户事项进行了 审慎尽职调查，具体核查情况如下： 一、募集资金的基本情况 根据中国证券监督管理委员会于2024年12月19日出具的《关于同意北京海博 思创科技股份有限公司首次公开发行股票注册的批复》(证监许可〔2024〕1869 号），公司首次公开发行人民币普通股4,443.2537万股，每股面值为人民币1元， 发行价格为每股人民币19.38元，募集资金总额为人民币86, ...

为支持子公司的经营发展和业务增长需求，公司拟为合并报表范围内的子公 司申请金融机构授信以及其他融资、履约等业务提供总额不超过人民币175亿元 的担保额度，具体如下： 中泰证券股份有限公司关于 北京海博思创科技股份有限公司 向银行申请综合授信额度及为子公司提供担保额度预计的核查 意见 中泰证券股份有限公司（以下简称"中泰证券"或"保荐机构"）作为北京海博 思创科技股份有限公司（以下简称"海博思创"或"公司"）首次公开发行股票并在 科创板上市持续督导阶段的保荐机构，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》《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，对公司向银行申请综合授信额度及 为子公司提供担保额度预计事项进行了审慎尽职调查，具体核查情况如下： 一、银行授信及担保情况 （一）公司及子公司拟申请银行授信情况 根据公司经营需求及财务状况，公司及子公司2025年度拟向银行及其他金融 机构申请总额不超过300亿元人民币（或等值外币）的综合授信额度，授信类型 包括但不限于流动资金贷款、固定资产贷款、项目贷款、中长期借款、银行承兑 汇票、信用证、票据贴现、保函 ...