科威尔技术股份有限公司 2025 年度"提质增效重回报"行动方案的半年度评估 报告 科威尔技术股份有限公司（以下简称"公司"或"科威尔"）为践行以"投 资者为本"的上市公司发展理念，提高上市公司质量，助力市场信心提振、资本 市场稳定和经济高质量发展，维护公司全体股东利益，基于对公司未来发展前景 的信心和价值的认可，结合自身发展战略和经营情况，公司于 2025 年 4 月 26 日发布了 2025 年度"提质增效重回报"行动方案（以下简称"行动方案"）， 以进一步提升公司经营效率，保障投资者权益，树立良好的资本市场形象。2025 年上半年，公司根据行动方案内容，积极开展和落实各项工作，公司于 2025 年 8 月 22 日召开第三届董事会第二次会议审议通过了《2025 年度"提质增效重回 报"行动方案半年度实施情况的评估报告》，现将行动方案上半年实施情况报告 如下： 一、深耕测试主业，持续提升经营效率 2025 年上半年，全球经济环境复杂多变，国内经济虽稳步复苏，但下游部 分行业资本开支仍显谨慎，叠加行业竞争加剧，公司整体利润空间持续承压。面 对挑战，科威尔秉持"稳扎稳打，精益运营"的策略：一方面，公司强化内生 ...

证券代码：688551 证券简称：科威尔 公告编号：2025-060 科威尔技术股份有限公司 2025 年半年度募集资金存放与实际使用情况的专项 报告 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。 根据《上市公司募集资金监管规则》《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，科威尔技术股份有限公司（以下简 称"公司"）董事会对 2025 年半年度募集资金存放与实际使用情况专项报告说 明如下： 一、募集资金的基本情况 （一）首次公开发行股票募集资金 经中国证券监督管理委员会证监许可〔2020〕1748 号文核准，公司于 2020 年 8 月向社会公开发行人民币普通股（A 股）2000 万股，每股发行价为 37.94 元， 应募集资金总额为人民币 75,880.00 万元，根据有关规定扣除发行费用 6,924.81 万元后，实际募集资金净额为 68,955.19 万元。该募集资金已于 2020 年 9 月到账。 上述资金到账情况业经容诚会计师事务所容诚验字〔2020〕230Z0170 号《验资 ...

证券代码：688551 证券简称：科威尔 公告编号：2025-064 科威尔技术股份有限公司 关于召开2025年第三次临时股东会的通知 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） 股东会类型和届次 2025年第三次临时股东会 （二） 股东会召集人：董事会 （三） 投票方式：本次股东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）现场会议召开的日期、时间和地点 召开日期时间：2025 年 9 月 9 日 14 点 30 分 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2025 年 9 月 9 日 至2025 年 9 月 9 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 东会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过互联网 投票平台的投票时间为股东会召开当日的 9:15-15:00。 （六） 融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 1 股东会 ...

Financial Performance - Kewell Technology Co., Ltd. reported a significant increase in revenue for the first half of 2025, achieving a total revenue of RMB 500 million, representing a 25% growth compared to the same period last year[16]. - The company’s net profit for the first half of 2025 reached RMB 80 million, marking a 15% increase year-over-year[16]. - The company's operating revenue for the first half of the year was ¥224,472,512.97, a decrease of 11.62% compared to ¥253,988,663.21 in the same period last year[22]. - The total profit for the reporting period was ¥28,304,891.30, down 31.78% from ¥41,490,755.17 year-on-year[22]. - The net profit attributable to shareholders was ¥31,005,557.58, reflecting a decline of 25.92% compared to ¥41,853,912.47 in the previous year[22]. - The net profit after deducting non-recurring gains and losses was ¥8,182,812.57, a significant drop of 78.50% from ¥38,062,307.69 year-on-year[22]. - The basic earnings per share decreased by 26.00% to ¥0.37 from ¥0.50 in the same period last year[23]. - The company achieved a revenue of 1,318.00 million with a net profit of 289.48 million, reflecting a significant performance in the first half of 2025[87]. - The company reported a total comprehensive income of ¥16,479,410.90 for the first half of 2025, down from ¥47,340,447.93 in the same period of 2024[185]. Research and Development - Kewell is investing RMB 50 million in R&D for new technologies, particularly in power electronics and semiconductor applications[16]. - The company's R&D investment as a percentage of operating revenue increased to 16.74%, up by 0.81 percentage points from 15.93%[23]. - R&D investment amounted to 37.58 million yuan, representing 16.74% of total revenue, with 42 new patent applications filed during the reporting period[59]. - The company has established a comprehensive ESG talent management system to attract and retain skilled professionals in the testing power sector[62]. - Cumulative R&D investment since listing has exceeded 300 million yuan, significantly enhancing product performance and industry recognition[63]. - The company has developed key core technologies, including high dynamic multi-BUCK conversion technology, which supports power levels exceeding 1 MW and voltages up to 4500V[67]. - The company has obtained a total of 430 patents, including 51 invention patents, 220 utility model patents, and 159 design patents as of the end of the reporting period[78]. Market Expansion and Strategy - Kewell aims to expand its market presence in Southeast Asia, targeting a 20% market share by the end of 2026[16]. - The company has completed a strategic acquisition of a local competitor, enhancing its capabilities in the testing power supply market[16]. - The company is focusing on expanding its product lines in hydrogen energy testing and smart manufacturing equipment, particularly in fuel cell and electrolysis testing systems[38]. - The company has expanded its global marketing network by establishing subsidiaries and partnerships in regions such as Europe and Southeast Asia, enhancing its service capabilities[65]. - The company is actively developing new technologies, including a three-level topology structure that is widely applied in high-power AC motor variable frequency speed regulation[70]. - The company is focused on integrating high-power density DC-DC technology and developing a public DC-DC output technology platform with high performance stability[70]. Operational Efficiency - The company implemented cost control measures and optimized personnel structure to enhance operational efficiency[60]. - The production model combines "sales-driven production" and "inventory-based production" to meet diverse customer needs and ensure quick response times[49]. - The company has established a comprehensive testing solution capability, recognized by numerous well-known clients, enhancing its market position and brand influence[65]. - The company has made significant advancements in the development of power semiconductor packaging equipment, with an investment of 1,730.00 million and a focus on domestic technology breakthroughs[87]. Financial Position and Investments - The total assets at the end of the reporting period were ¥1,718,001,295.60, a slight increase of 0.38% from ¥1,711,537,350.58 at the end of the previous year[22]. - The net cash flow from operating activities was ¥44,903,139.86, a significant improvement from a negative cash flow of ¥35,411,828.81 in the previous year[22]. - The company has invested a total of ¥1,526 million in the programmable bidirectional AC power supply project, with a current investment of ¥90.57 million and cumulative investment of ¥1,542.56 million[83]. - The company has completed a capital increase of 2,050 million yuan to its subsidiary, which will no longer be included in the consolidated financial statements[142]. - The company plans to invest CNY 110,089,672.27 in a semiconductor testing equipment production base, with a current year investment of CNY 24,216,137.58[148]. Corporate Governance and Compliance - Kewell's board of directors has confirmed that there are no non-operational fund occupations by controlling shareholders[16]. - The company did not propose any profit distribution or capital reserve transfer plans for the reporting period[122]. - The company has implemented a stock incentive plan, with details disclosed in previous announcements[123]. - The company will publicly disclose any reasons for not fulfilling commitments and will take necessary corrective actions within the required timeframe[134]. - The company has committed to fully bear any economic responsibilities related to unpaid social insurance or housing fund contributions, ensuring no losses to the company[138]. - There are no significant lawsuits or arbitration matters during the reporting period, indicating a stable legal environment for the company[141]. Challenges and Risks - The company has identified potential risks related to supply chain disruptions and is actively working on mitigation strategies[16]. - The hydrogen energy segment experienced a decline in new orders and revenue due to cautious investment and project delays, reflecting a transitional phase in the industry[58]. - The company is facing risks related to new product development delays and potential talent loss in a competitive market[91]. - The gross profit margin is subject to fluctuations due to industry competition, product structure changes, and raw material price variations[92].

Core Viewpoint - Kewell (688551.SH) reported a decline in both revenue and net profit for the first half of 2025, indicating potential challenges in its financial performance [1] Financial Performance - The company achieved operating revenue of 224 million yuan, a year-on-year decrease of 11.62% [1] - The net profit attributable to shareholders was 31.01 million yuan, down 25.92% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 8.18 million yuan, reflecting a significant decline of 78.50% year-on-year [1] - Basic earnings per share stood at 0.37 yuan [1]

国泰海通证券股份有限公司 关于科威尔技术股份有限公司 使用部分暂时闲置募集资金进行现金管理的核查意见 国泰海通证券股份有限公司（以下简称"国泰海通"或"保荐机构"）作为 科威尔技术股份有限公司（以下简称"科威尔"或"公司"）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》《上市公司募集资金监管规则》 《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，对公司使用部分暂时闲置募集资金 进行现金管理事项进行了核查，具体核查情况如下： 一、募集资金基本情况 （一）首次公开发行股票募集资金 经中国证券监督管理委员会证监许可〔2020〕1748 号文核准，公司于 2020 年 8 月向社会公开发行人民币普通股（A 股）2000 万股，每股发行价为 37.94 元， 应募集资金总额为人民币 75,880.00 万元，根据有关规定扣除发行费用 6,924.81 万元后，实际募集资金净额为 68,955.19 万元。该募集资金已于 2020 年 9 月到账。 上述资金到账情况业经容诚会计师事务所容诚验字〔2020〕230Z0170 号《验资 报告》 ...

国泰海通证券股份有限公司 关于科威尔技术股份有限公司 超募资金投资项目结项并将节余募集资金永久补充流动资 金的核查意见 国泰海通证券股份有限公司（以下简称"国泰海通"或"保荐机构"）作为 科威尔技术股份有限公司（以下简称"科威尔"或"公司"）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》《上市公司募集资金监管规则》 《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，对公司超募资金投资项目结项并将 节余募集资金永久补充流动资金的事项进行了核查，具体核查情况如下： 一、募集资金基本情况 根据中国证券监督管理委员会（以下简称"中国证监会"）于 2020 年 8 月 11 日出具的《关于同意合肥科威尔电源系统股份有限公司首次公开发行股票注 册的批复》（证监许可〔2020〕1748 号），同意公司首次公开发行股票的注册 申请。公司首次公开发行人民币普通股（A 股）股票 2,000 万股，每股发行价格 为人民币 37.94 元，募集资金总额为人民币 758,800,000.00 元，扣除不含税的发 行费用人民币 69,248,075.48 ...

Group 1 - The company Kewell Technology Co., Ltd. will hold a half-year performance briefing on August 27, 2025, from 16:00 to 17:00 [2][4][5] - Investors can submit questions from August 20 to August 26, 2025, through the Shanghai Stock Exchange Roadshow Center or via the company's email [2][3][6] - The briefing will be conducted in an interactive online format, allowing for real-time communication regarding the company's operational results and financial indicators [3][4][5] Group 2 - The performance report for the first half of 2025 will be released on August 25, 2025, providing insights into the company's financial status [2][4] - The company emphasizes transparency and aims to address common investor concerns during the briefing [3][6] - Participants can access the briefing through the Shanghai Stock Exchange Roadshow Center website [4][5][6]

证券日报网讯 8月19日晚间，科威尔发布公告称，公司将于2025年8月27日举行2025年半年度业绩说明 会。 （文章来源：证券日报） ...

证券代码：688551 证券简称：科威尔 公告编号：2025-058 科威尔技术股份有限公司 关于召开 2025 年半年度业绩说明会的公告 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、准确性和完整性承担法律责任。 重要内容提示： 会议召开时间：2025 年 8 月 27 日（星期三）16:00-17:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 8 月 20 日（星期三）至 8 月 26 日（星期二）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 ir@kewell.com.cn 进行提问。公司将在说明会上对投资者普遍关注的问题进行回 答。 科威尔技术股份有限公司（以下简称"公司"）将于 2025 年 8 月 25 日发布公 司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半年度 经营成果、财务状况，公司计划于 202 ...