证券代码：688411 证券简称：海博思创 公告编号：2025-009 北京海博思创科技股份有限公司 关于召开 2025 年第一次临时股东大会的通知 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： 一、 召开会议的基本情况 （一） 股东大会类型和届次 2025 年第一次临时股东大会 召开日期时间：2025 年 4 月 11 日 10 点 00 分 召开地点：北京市海淀区丰豪东路 9 号院 2 号楼 C 座 12 层公司会议室 （五） 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自 2025 年 4 月 11 日 至 2025 年 4 月 11 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 股东大会召开日期：2025年4月11日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 （二） 股东大会召集人：董事会 （三） 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结 合的方式 （四） 现场会 ...

证券代码：688411 证券简称：海博思创 公告编号：2025-003 北京海博思创科技股份有限公司 第二届监事会第五次会议决议公告 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、准确性和完整性承担法律责任。 一、监事会会议召开情况 北京海博思创科技股份有限公司（以下简称"公司"）第二届监事会第五次 会议于 2025 年 3 月 18 日以现场方式召开。会议通知已于 2025 年 3 月 12 日以 电子邮件和微信等方式送达各位监事。会议由公司监事会主席张猛先生主持，本 次监事会应出席会议的监事 3 人，实际出席监事 3 人。董事会秘书列席了本次会 议。会议召集、召开及表决程序符合《中华人民共和国公司法》和《公司章程》 等有关规定，会议决议合法、有效。 监事会认为，本次调整募投项目拟投入募集资金金额不会对募集资金的正常 使用造成实质性影响，不存在变相改变募集资金用途和损害股东利益的情形，符 合《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上市公司自律监管指引第 1 号——规范运作》等相关规 定，相关决策和审 ...

Investment Rating - The report gives a "Buy" rating for the company, Haibo Sichuang, as it is a leading enterprise in energy storage system integration with strong growth potential [5]. Core Viewpoints - Haibo Sichuang has transitioned from battery system products to focusing on energy storage system integration, with over 99% of its main business revenue coming from this segment by the first half of 2024. The company has a concentrated shareholding structure and a highly qualified management team, which reflects strong confidence in its future performance [3][4]. - The energy storage industry in China is experiencing rapid growth, with a projected installed capacity of 101 GWh in 2024, representing a year-on-year increase of 108%. The company is well-positioned to benefit from this trend due to its competitive advantages in technology, customer relationships, and ongoing automation improvements [4][51]. - The company is expected to achieve revenues of 8.27 billion yuan and a net profit of 647 million yuan in 2024, with a compound annual growth rate (CAGR) of 77% and 91% respectively from 2022 to 2024 [5][31]. Summary by Sections Company Overview - Haibo Sichuang started with battery systems and has now focused on energy storage system integration, marking a significant shift in its business model. The company has established itself as a leader in the industry through years of development and technological advancement [3][12]. Industry Analysis - The energy storage market in China is expanding rapidly, with significant growth in new installations and supportive government policies. The competitive landscape includes various players, each with unique advantages, contributing to a robust market environment [4][51]. Financial Performance - The company has shown strong financial growth, with revenues increasing from 2.63 billion yuan in 2022 to an expected 8.27 billion yuan in 2024. The net profit is projected to grow from 177 million yuan in 2022 to 647 million yuan in 2024, indicating a healthy financial trajectory [5][31]. Competitive Advantages - Haibo Sichuang possesses several competitive advantages, including leading technology, strong customer relationships, and a commitment to research and development. The company is also expanding its overseas market presence, which is expected to further enhance its growth prospects [4][5].

证券研究报告·公司点评报告·其他电源设备Ⅱ 海博思创（688411） 2024年业绩快报点评：国内高毛利高市占率， 25 年海外迎来大突破 买入（首次） | [Table_EPS] 盈利预测与估值 | 2022A | 2023A | 2024E | 2025E | 2026E | | --- | --- | --- | --- | --- | --- | | 营业总收入（百万元） | 2626 | 6982 | 8271 | 15261 | 15312 | | 同比（%） | 213.40 | 165.89 | 18.47 | 84.51 | 0.33 | | 归母净利润（百万元） | 177.27 | 578.12 | 650.50 | 929.92 | 1,247.07 | | 同比（%） | 1,474.23 | 226.13 | 12.52 | 42.96 | 34.11 | | EPS-最新摊薄（元/股） | 1.00 | 3.25 | 3.66 | 5.23 | 7.02 | | P/E（现价&最新摊薄） | 71.37 | 21.88 | 19.45 | 13.60 | 10.14 | [Tab ...

Investment Rating - The report assigns a "Buy" rating for the company, marking the first coverage of the stock [6]. Core Views - The company has demonstrated strong domestic performance with high gross margins and market share, while also achieving a significant breakthrough in overseas markets expected in 2025 [6]. - The company reported a revenue of 8.27 billion yuan for 2024, reflecting a year-on-year increase of 18.4%, and a net profit of 650.5 million yuan, up 12.5% year-on-year [6]. - The company is expected to increase its domestic shipments to 25 GWh in 2025, with overseas shipments projected to rise from 0.4 GWh to 2-3 GWh [6]. - The company maintains a leading position in technology, with a gross margin of around 20%, which is higher than its peers, and has ranked first in domestic market share for three consecutive years [6]. - The financial forecasts predict net profits of 650 million yuan, 930 million yuan, and 1.25 billion yuan for 2024, 2025, and 2026 respectively, with corresponding year-on-year growth rates of 12.5%, 43.0%, and 34.1% [6]. Summary by Sections Financial Performance - Total revenue for 2022 was 2.626 billion yuan, with a significant increase to 6.982 billion yuan in 2023, and projected revenues of 8.271 billion yuan in 2024 [6][7]. - The net profit for 2022 was 177.27 million yuan, which is expected to grow to 578.12 million yuan in 2023 and 650.50 million yuan in 2024 [6][7]. - The latest diluted EPS is projected to be 3.66 yuan in 2024, increasing to 5.23 yuan in 2025 and 7.02 yuan in 2026 [6][7]. Market Position - The company has a strong domestic foundation and is expected to achieve a breakthrough in overseas markets, with a focus on high-margin products [6]. - The company’s gross margin in Q4 was reported at 35% for overseas sales, contributing significantly to profits [6]. Valuation - The report estimates a target price of 94 yuan for 2025 based on an 18x PE ratio [6].

Financial Performance - The company achieved total operating revenue of 826,970.43 million yuan, an increase of 18.44% compared to the same period last year[3] - The net profit attributable to the parent company reached 64,703.12 million yuan, reflecting an 11.92% growth year-on-year[3] - The basic earnings per share rose to 4.85 yuan, an increase of 11.75% from the previous year[3] - The net profit after deducting non-recurring gains and losses was 62,726.92 million yuan, an increase of 11.73% year-on-year[3] - The weighted average return on net assets decreased to 23.36%, down 5.18 percentage points from the previous year[3] Assets and Equity - The total assets of the company at the end of the reporting period were 1,111,825.45 million yuan, up 20.42% from the beginning of the year[5] - The equity attributable to the parent company increased by 31.64% to 313,944.80 million yuan compared to the beginning of the year[5] Market Strategy - The company capitalized on the rapid development of the domestic energy storage market, leveraging its market, technology, and R&D advantages[5] - The company is accelerating its global market expansion and has made significant progress in enhancing its international competitiveness[5] Risk Management - The company emphasizes the importance of monitoring investment risks as the financial data is preliminary and unaudited[7]

海博思创发行价为19.38元，发行4443.25万股，募资总额为8.6亿元。 海博思创开盘价为73.6元，较发行价上涨279.77%；截至目前，公司股价有所下滑，仍上涨超过200%；公司市值约105亿元。 海博思创是一家储能系统解决方案与技术服务供应商，专注于储能系统的研发、生产、销售和服务，为传统发电、新能源发电、智能电网、终 端电力用户及智能微网等"源－网－荷"全链条行业客户提供全系列储能系统产品，提供储能系统一站式整体解决方案。 招股书显示，海博思创2021年、2022年、2023年营收分别为8.38亿元、26.26亿元、69.82亿元；净利分别为1529.47万元、1.82亿元、5.78亿 元；扣非后净利分别为-570万元、1.27亿元、5.61亿元。 | 项目 | 2024/06/30 | 2023/12/31 | 2022/12/31 | 2021/12/31 | | --- | --- | --- | --- | --- | | | 2024 年 1-6 月 | 2023 年度 | 2022 年度 | 2021 年度 | | 资产总额(万元) | 783, 603. 37 | 923,292.8 ...

本文为IPO早知道原创 作者｜Stone Jin 微信公众号｜ipozaozhidao 据IPO早知道消息，北京海博思创科技股份有限公司（以下简称"海博思创"）于2025年1月27日正 式以"688411"为股票代码在科创板挂牌上市，成为"A股储能集成第一股"。 全球市场前三大储能系统集成商。 已完成和正参与多个大型储能项目 成立于2011年的海博思创作为一家电化学储能系统解决方案与技术服务提供商，专注于电化学储能 系统的研发、生产、销售，为传统发电、新能源发电、智能电网、终端电力用户等"源-网-荷"全链 条行业客户提供全系列储能系统产品以及储能系统一站式整体解决方案。 截至2023年12月末，海博思创以储能设备提供商的角色已完成和正在参与多个大型储能项目，其中 包括数个单体超500MWh的大型储能项目、数十个单体超200MWh的储能项目，应用场景涵盖共享 储能电站项目、光伏电站项目和风力发电项目。 根据标普全球于2024年11月发布的最新的《2024电池储能系统集成商报告》，海博思创成功跻身 2023年全球新增储能装机排名前三，成为全球市场前三大储能系统集成商。报告同时显示，在以累 计装机和签约项目规模总和 ...

中信证券排名第一，业务单数为2单；东兴证券、国元证券、华泰联合证券、平安证券、申港证券、申万宏源证券、天风证券、中国银河证券、中泰证券、中信建 投证券这10家券商各1单。 文/梧桐数据中心 随着1月27日海博思创（688411）、亚联机械（001395）两家公司成功上市，2025年1月A股合计新上市公司12家，其中沪市主板1家、科创板4家、深市主板2家、 创业板4家、北交所1家。相较去年同期的14家，同比下降14.29%。这12家新上市公司募资净额为62.70亿元，相较去年同期的106.99亿元，同比下降42.82%。 一、保荐机构业绩排名 2025年1月，共有11家保荐机构承担了这12家新上市公司的IPO上市业务。 | 1 | 本六世須 | TV | | --- | --- | --- | | 2 | 、国元証券TONWOOD TREE | | | 2 | 华泰联合证券 | 1 | | 2 | 平安证券 | 1 | | 2 | 申港证券 | 1 | | 2 | 申万宏源证券 | 1 | | 2 | 一天风证券 | | | 2 01 | 中国银河证券 | | | 2 | 中泰证券 | | | 2 | 中信建投 ...

随着可再生能源的广泛应用，能源的存储问题也一直备受关注。这使得储能行业在过去几年遇到了新的历史发展机遇，受到资本市场的热捧。 北京海博思创科技股份有限公司（股票代码：688411 简称"海博思创"）于2025年1月27日鸣锣上市，正式开启其资本市场新历程。 2024年10月17日，海博思创成功 过会，成为新"国九条"颁布之后首家过会的新能源企业。1月24日，上海证券交易所发布了《海博思创首次公开发行股票科创板上市公告书》。 作为国内领先的电化学储能系统解决方案与技术服务提供商，海博思创在全球能源"脱碳"趋势下成长迅速，不仅业绩实现飞跃，其技术实力也获得了国家电网、华 能集团等能源巨头的认可，公司因此受到资本市场的广泛关注。自成立以来，海博思创已获得多轮融资，投资方包括IDG资本、启迪之星、蔚来资本、清控银杏、 腾业创投、启明创投等知名机构。近年来，国家在储能产业方面出台了一系列政策文件，支持储能技术的应用与发展，海博思创在这一关头成功上市，进一步夯实 了资本市场对储能行业的信心。 行业龙头业绩亮眼，年收入近70亿元 储能系统可将电能转化为其他形式储存并适时释放，是电力系统中的"蓄水池"，是推动可再生能源大规模 ...