近日，杭州柯林发布2024年业绩报告，公司实现营收5.41亿元，同比大幅增长168.23%；实现净利润 7304万元，同比增长54.72%。这一增长主要得益于公司在机器人与智慧能源两大新兴市场的拓展。 据了解，杭州柯林成立于2002年，是一家以从事电气机械和器材制造业为主的企业。近年来，公司加速 向新能源产业转型，打造电化学储能第二增长曲线，并布局钙钛矿光伏业务。 长江商报消息 ●长江商报记者 张璐 主营业务高速发展，杭州柯林（688611.SH）业绩飘红。 加速延伸新能源产业链条 近年来，基于"发电、输电、变电、配电" 全环节产品矩阵的竞争优势，杭州柯林加速延伸新能源产业 链条。 3月17日，杭州柯林发布公告，拟向特定对象发行股票募资不超过14.6亿元，用于1GW高效钙钛矿太阳 能电池组件项目、补充公司流动资金。 具体来看，本次定增募集资金中，有12.6亿元将用于1GW高效钙钛矿太阳能电池组件项目。据悉，前述 项目由杭州柯林的全资子公司杭州柯能新能源有限公司（下称"柯能新能源"）负责实施，规划建设期为 48个月，建设内容包括高洁净等级厂房、引进先进设备、建设高标准的制造基地等，建成达产后将形成 1GW高效钙 ...

浙商证券股份有限公司 关于杭州柯林电气股份有限公司 首次公开发行股票并在科创板上市之保荐总结报告书 浙商证券股份有限公司（以下称"浙商证券"或"保荐机构"）作为杭州柯林电 气股份有限公司（以下简称"杭州柯林"、"公司"、"发行人"）首次公开发行股票 并在科创板上市的保荐机构，持续督导期限截至 2024 年 12 月 31 日。目前，持 续督导期已经届满，浙商证券根据《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》《上海证券交易所上市公司自律监管指引第 11 号 ——持续督导》等有关法律法规规定，出具本保荐总结报告书。 一、保荐机构及保荐代表人承诺 1、保荐总结报告书和证明文件及其相关资料的内容不存在虚假记载、误导 性陈述或重大遗漏，保荐机构及保荐代表人对其真实性、准确性、完整性承担法 律责任。 2、本机构及本人自愿接受中国证监会对保荐总结报告书相关事项进行的任 何质询和调查。 3、本机构及本人自愿接受中国证监会按照《证券发行上市保荐业务管理办 法》的有关规定采取的监管措施。 二、保荐机构基本情况 1、保荐机构名称：浙商证券股份有限公司 （一）尽职推荐阶段 本保荐机构依照法律、行政法规和中 ...

浙商证券股份有限公司 关于杭州柯林电气股份有限公司 2024 年度持续督导现场检查报告 上海证券交易所： 根据《上海证券交易所科创板股票上市规则》等有关法律、法规的规定，浙 商证券股份有限公司（以下简称"浙商证券"或"保荐机构"）作为杭州柯林电气股 份有限公司（以下简称"杭州柯林"、"上市公司"或"公司"）首次公开发行股票并 在科创板上市以及持续督导工作的保荐机构，对公司 2024 年 1 月 1 日至 2024 年 12 月 31 日期间（以下简称"本持续督导期间"）的规范运作情况进行了现场检查， 现就现场检查的有关情况报告如下： （二）保荐代表人：周旭东、黄杰 （三）现场检查时间：2025 年 3 月 13 日-3 月 14 日、2025 年 3 月 26 日-3 月 27 日 （四）现场检查人员：周旭东、黄杰、李祖逊 （五）现场检查内容：公司治理及内部控制、信息披露、独立性、与关联方 的资金往来、募集资金使用情况、关联交易、对外担保、重大对外投资、公司经 营状况以及承诺履行情况等。 （六）现场检查手段：对公司董事、高级管理人员及有关人员进行访谈；查 看上市公司主要经营、管理场所；查阅并取得公司持续督导期 ...

经中国证券监督管理委员会《关于同意杭州柯林电气股份有限公司首次公开 发行股票注册的批复》（证监许可〔2021〕607 号）同意，杭州柯林电气股份有 限公司（以下简称"公司"或"杭州柯林"）向社会公开发行人民币普通股（A 股）股票 1,397.50 万股，每股发行价格为人民币 33.44 元，共募集资金人民币 467,324,000.00 元，扣发行费用后，实际募集资金净额为人民币 391,201,128.32 元。 浙商证券股份有限公司 关于杭州柯林电气股份有限公司 2024 年度募集资金存放与使用情况的专项核查意见 浙商证券股份有限公司（以下简称"保荐机构"）为杭州柯林电气股份有限 公司（以下简称"杭州柯林"或"公司"）首次公开发行股票并在科创板上市的 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》 等有关规定，对杭州柯林 2024 年度募集资金存放与使用情况进行了审慎核查， 核查情况如下： 一、募集资金基本情况 （一）实际募集资金金 ...

浙商证券股份有限公司 关于杭州柯林电气股份有限公司 2024 年度持续督导跟踪报告 浙商证券股份有限公司（以下简称"保荐机构"）为杭州柯林电气股份有限 公司（以下简称"杭州柯林"或"公司"）首次公开发行股票并科创板上市的保 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》以及《上海证券交易所上市公司自律监管指引第 11 号——持续督导》 等相关规定，负责杭州柯林上市后的持续督导工作，并出具本持续督导年度跟 踪报告。 一、持续督导工作情况 | 序号 | 工作内容 | 持续督导情况 | | --- | --- | --- | | 1 | 具体的持续督导工作制定相应的工作计划。 | 保荐机构已建立健全并有效执 | | | 建立健全并有效执行持续督导工作制度，并针对 | 行了持续督导制度，并制定了 | | | | 相应的工作计划。 | | 2 | 根据中国证监会相关规定，在持续督导工作开始 | 保荐机构已与杭州柯林签订 | | | | 《保荐协议》，该协议明确了 | | | 前，与上市公司或相关当事人签署持续督导协 议，明确双方在持续督导期间的权利义务，并报 | 双方在持续督导期间的 ...

Summary of Hangzhou Kelin Conference Call Company Overview - **Company**: Hangzhou Kelin - **Year**: 2024 - **Revenue**: 540 million CNY, up 168% YoY - **Net Profit**: 73.04 million CNY, up 55% YoY - **Net Cash Flow from Operating Activities**: Increased by 48% YoY, driven by growth in energy storage business and recovery of receivables [3][3][3] Key Business Segments Energy Storage Business - **Revenue**: 380 million CNY, with clients including project developers, EPC contractors, and industrial storage customers - **Growth Outlook**: Expected to remain stable, but under pressure on gross margins; the company is exploring low-investment, high-capacity expansion plans [10][10][10] New Product Launches - **Laser Acoustic Spectrum Single Acetylene Rapid Detection Device**: Highly recognized by experts, expected to generate significant orders in 2025; currently being promoted in various regions [5][5][5] - **New Monitoring Products**: Researching DC GIS online monitoring, currently in trial operation [5][5][5] Power Monitoring and Diagnostic Devices - **Revenue Decline**: 12.6% decrease attributed to delayed deliveries for Southern Power Grid products; however, future growth is anticipated due to increasing market demand for new products [6][7][6] Power Station Operations - **Revenue**: 6.66 million CNY, primarily from the Qiantang Dajiangdong energy storage station - **Future Potential**: Performance may improve significantly if the Zhejiang auxiliary service market opens up; no new large-scale power station investment plans currently [9][9][9] Research and Development - **R&D Investment**: 43.23 million CNY, up 6.7% YoY, focusing on smart grid perception, perovskite technology, and core components for robotics [4][8][8] - **Future R&D Plans**: Continued focus on main business areas with potential expansions into robotics and smart energy markets [4][8][8] Fundraising Plans - **Total Fundraising**: Up to 1.46 billion CNY, with 200 million CNY for working capital and 1.26 billion CNY for a 1 GW high-efficiency perovskite solar cell project [11][11][11] - **Project Timeline**: The perovskite project is planned to be completed in four phases over four years [12][12][12] Market and Technology Outlook - **Perovskite Technology**: Seen as a viable alternative to silicon, particularly in low-light and consumer electronics applications; the company anticipates a diversified technology roadmap [14][14][14] - **Component Efficiency**: Current average conversion efficiency of delivered components is around 17% to 18%, with expectations for significant improvements [13][13][13] Future Growth and Market Expansion - **Revenue Goals**: Plans to establish a GW-level production line, targeting a capacity of 300 MW to 500 MW by the third year, with gradual increases [17][17][17] - **Exploration of New Growth Points**: The company is considering mergers and acquisitions to extend its industry layout, contingent on product compatibility [23][23][23] - **International Market Expansion**: Long-term plans to enter overseas markets with potential products including perovskite solar cells and energy storage solutions [24][24][24] 2025 Performance Expectations - **Q1 Performance**: Expected to be flat or slightly increased compared to 2024, with significant revenue from perovskite solar cells and energy storage anticipated from Q2 onwards [25][25][25] - **Order Status**: Orders for 2025 are at full production capacity, but delivery timelines remain uncertain due to project delays [26][26][26]

Core Viewpoint - Hangzhou Kelin (688611.SH) reported its 2024 annual results, revealing significant institutional investor interest with 26 institutions holding a total of 18.71 million shares, representing 17.07% of the total share capital [1] Group 1: Institutional Holdings - A total of 26 institutional investors disclosed their holdings in Hangzhou Kelin, with a combined shareholding of 18.71 million shares, accounting for 17.07% of the total share capital [1] - The top ten institutional investors collectively hold 16.98% of the shares, with a slight decrease of 0.01 percentage points compared to the previous quarter [1] Group 2: Public Fund Activity - Four public funds increased their holdings in this period, with an increase in shareholding proportion of 0.62% [2] - A total of 20 new public funds disclosed their holdings compared to the previous quarter, including notable funds such as 富国积极成长一年定期开放混合 and 景顺长城稳健回报混合A类 [2] - Two public funds were not disclosed in this period compared to the previous quarter, indicating a reduction in reporting [2]

2025年4月2日，杭州柯林发布了2024年年报。报告显示，公司实现营业收入5.41亿元，同比增长 168.23%；归属于上市公司股东的净利润为7303.86万元，同比增长54.72%。尽管业绩增长显著，但公司 在研发投入和市场竞争方面仍面临挑战。 公司在数智感知产品研发方面取得了一定成果，如KLJC-02/51型激光声谱乙炔快速检测装置的成功研发 和挂网试运行。然而，研发投入的不足可能限制了公司在其他关键技术领域的突破，如钙钛矿光伏技术 的进一步研发和商业化应用。 三、储能业务快速发展，但市场竞争加剧 杭州柯林在储能业务方面取得了显著进展，自建的100MWh电化学储能电站成功并网，并交付了省外 620兆瓦时电网侧储能系统订单。这些项目的成功实施不仅带来了可观的经济收益，也提升了公司在复 杂项目交付中的技术、组织与执行能力。然而，随着储能市场的快速发展，市场竞争也日益加剧。 公司在储能业务方面的技术积累和项目经验为其在市场中赢得了一定的竞争优势。然而，面对日益激烈 的市场竞争，公司需要进一步提升技术水平和项目管理能力，以保持市场竞争力。此外，公司还需要关 注储能技术的创新和成（002001）本控制，以应对市场 ...

Core Viewpoint - The company, Hangzhou Kolin Electric Co., Ltd., focuses on the development, production, and sales of digital intelligent sensing products for power grids, energy storage systems, and perovskite photovoltaic components, aiming to support the construction of a new power system and achieve sustainable development in the energy sector [7][35]. Company Overview - Hangzhou Kolin is a high-tech enterprise specializing in the construction of new power systems, with a product matrix covering "generation, transmission, transformation, and distribution" across various voltage levels [7][35]. - The company has developed dozens of intelligent monitoring series products and a digital platform for online diagnosis and early warning, achieving international leading levels in several core technologies [35][36]. Business Model - The company adopts a proactive development approach based on market demand and collaborates closely with clients to develop new products that align with industry trends [14]. - The procurement model includes ordinary procurement, customized procurement, and outsourcing, ensuring flexibility and efficiency in sourcing materials [15]. - The production model is primarily order-based, allowing the company to adjust production according to market demand and customer requirements [16]. Industry Situation - The new power system construction is a key strategy for achieving carbon neutrality goals and ensuring energy security in China, with significant policy support and market demand driving growth in the sector [19][20]. - The company is positioned in the rapidly evolving fields of digital intelligent sensing technology and energy storage systems, which are critical for the safe and efficient operation of the new power system [19][20]. Technological Advancements - The company has made significant progress in developing advanced technologies, including intelligent sensing, data analysis, and AI diagnostics, which are essential for real-time monitoring and fault prediction in power equipment [8][41]. - The introduction of the laser acoustic spectrum acetylene rapid detection device represents a breakthrough in power equipment detection technology, significantly reducing detection time and improving accuracy [39]. Future Development Trends - The company plans to enhance its digital intelligent sensing technology by integrating multi-modal sensing, edge intelligence, and digital twin collaboration, which will improve the predictive maintenance capabilities of power systems [41]. - The market for perovskite solar cells is expected to expand significantly, driven by advancements in flexible solar technology and increasing applications in various sectors [42]. - The demand for six-dimensional force sensors in humanoid robots is anticipated to grow rapidly as the industry moves towards mass production, creating new opportunities for the company [42].

目 录 | 一、审计报告……………………………………………………… 第 1—6 | | 页 | | --- | --- | --- | | 二、财务报表……………………………………………………… 第 7—14 | | 页 | | （一）合并资产负债表…………………………………………… 第 | 7 | 页 | | （二）母公司资产负债表………………………………………… 第 | 8 | 页 | | （三）合并利润表………………………………………………… 第 | 9 | 页 | | （四）母公司利润表………………………………………………第 | 10 | 页 | | （五）合并现金流量表……………………………………………第 | 11 | 页 | | （六）母公司现金流量表…………………………………………第 | 12 | 页 | | （七）合并所有者权益变动表……………………………………第 | 13 | 页 | | （八）母公司所有者权益变动表…………………………………第 | 14 | 页 | | | | | | | 审 计 报 告 天健审〔2025〕2803 号 杭州柯林电气股份有限公司全体股东： 一、审计意见 我们 ...