中信证券股份有限公司 关于上海电气风电集团股份有限公司 调整 2024 年度日常关联交易额度的专项核查意见 中信证券股份有限公司（以下简称"中信证券"、"保荐机构"）作为上海 电气风电集团股份有限公司（以下简称"电气风电"或"公司"）首次公开发行 股票并在科创板上市及持续督导保荐机构履行持续督导职责，根据《中华人民共 和国公司法》、《中华人民共和国证券法》、《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》、《科创板上市公司持续监管办法（试 行）》等有关法律法规和规范性文件的要求，对电气风电调整 2024 年度日常关 联交易额度事项进行了审慎核查，核查的具体情况如下： 一、日常关联交易的基本情况 （一）情况概述 电气风电于 2023 年 12 月 17 日召开第二届董事会 2023 年度第八次临时会 议、第二届监事会 2023 年第一次临时会议，审议通过了《2024 年度日常关联交 易的议案》，2024 年度与电气控股和上海电气拟发生的日常关联交易预计金额 合计为 243,050.40 万元人民币，与其他关联人拟发生的日常关联交易预计金额合 计为 85,030.09 万元，该议案于 20 ...

上海电气风电集团股份有限公司 首次公开发行限售股上市流通公告 证券代码：688660 证券简称：电气风电 公告编号：2024-030 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。 重要内容提示： 本次股票上市类型为首发限售股份；股票认购方式为网下，上市股数为 800,000,000 股。 本次股票上市流通总数为 800,000,000 股。 本次股票上市流通日期为 2024 年 5 月 20 日。 一、本次上市流通的限售股类型 根据中国证券监督管理委员会于 2021 年 3 月 23 日出具的《关于同意上海电 气风电集团股份有限公司首次公开发行股票注册的批复》（证监许可〔2021〕926 号），本公司向社会公众首次公开发行人民币普通股 533,333,400 股（以下简称 "首次公开发行"），发行后公司股份总数为 1,333,333,400 股，并于 2021 年 5 月 19 日在上海证券交易所科创板上市。 本次上市流通的限售股为公司控股股东及其一致行动人首次公开发行限售股， 限售期限为自公司股票首次公开发行并上市之日 ...

中信证券股份有限公司 关于上海电气风电集团股份有限公司 首次公开发行限售股上市流通的核查意见 中信证券股份有限公司（以下简称"中信证券"或"保荐机构"）作为上海电气风 电集团股份有限公司（以下简称"公司"、"电气风电"或"发行人"）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 易所科创板上市公司自律监管指引第 1 号——规范运作》《上海证券交易所科创板股票 上市规则》等有关规定，对公司首次公开发行部分限售股份申请上市流通事项进行了核 查，核查情况如下： 一、本次上市流通的限售股类型 根据中国证券监督管理委员会于 2021 年 3 月 23 日出具的《关于同意上海电气风电 集团股份有限公司首次公开发行股票注册的批复》（证监许可〔2021〕926 号），公司向 社会公开发行人民币普通股 533,333,400 股，发行后公司股份总数为 1,333,333,400 股， 并于 2021 年 5 月 19 日在上海证券交易所科创板上市。 本次上市流通的限售股为公司控股股东及其一致行动人首次公开发行限售股，限售 期限为自公司股票首次公开发行并上市之日起 36 个月，共涉及 ...

Financial Performance - The net profit attributable to shareholders for 2023 was -1,271,270,080.21 CNY, with the parent company's net profit at -1,471,804,156.03 CNY[5]. - The accumulated undistributed profits at the beginning of 2023 were 359,096,391.68 CNY, which decreased to -1,112,707,764.35 CNY by the end of the year[5]. - The company plans not to implement any profit distribution for the 2023 fiscal year, as approved by the board of directors[5]. - The company's operating revenue for 2023 was approximately ¥10.11 billion, a decrease of 16.24% compared to ¥12.08 billion in 2022[19]. - The net profit attributable to shareholders was a loss of approximately ¥1.27 billion in 2023, compared to a loss of ¥338 million in 2022[19]. - The basic earnings per share for 2023 was -¥0.95, a significant decline from -¥0.25 in 2022[20]. - The company's total assets decreased by 14.40% to approximately ¥25.86 billion at the end of 2023, down from ¥30.21 billion at the end of 2022[19]. - The total cash flow from operating activities for 2023 was a negative ¥3.95 billion, compared to a negative ¥717 million in 2022[19]. - The gross profit margin for the main business decreased by 7.67 percentage points to 6.54%[100]. - The total revenue for the year 2023 was approximately ¥10.06 billion, a decrease of 15.98% compared to the previous year, with a gross margin of 6.54%, down by 7.66 percentage points[102]. Operational Risks and Governance - The company has detailed various operational risks in the report, which investors are advised to review[4]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties[7]. - The company has not violated any decision-making procedures regarding external guarantees[7]. - The report includes a standard unqualified audit opinion from PwC Zhongtian[5]. - The company maintains complete independence from its controlling shareholder in terms of personnel, assets, finance, and operations, ensuring autonomous business capabilities[156]. - The company emphasized the importance of corporate governance, with a focus on compliance and the timely revision of relevant systems to enhance governance levels[154]. - The board revised the related party transaction management system to further standardize decision-making and management processes[155]. Research and Development - The research and development expenditure as a percentage of operating revenue increased to 6.51% in 2023, up from 4.83% in 2022[20]. - The company is focused on developing new products and technologies, including the "Petrel" and "Poseidon" platforms for different environmental conditions[11]. - The company has developed a comprehensive testing and verification system covering the entire lifecycle of wind power, with multiple self-testing capabilities recognized by CNAS[40]. - The company has established multiple testing and verification bases to support the development of high-reliability, trustworthy solutions throughout the product lifecycle[84]. - The cumulative investment in R&D projects reached CNY 95,445.80 million, indicating a strong commitment to innovation and market competitiveness[78]. - The company has applied for 105 new patents during the reporting period, with a total of 1,438 patents held, including 831 invention patents[71]. Market and Sales Performance - The company reported a total of 3,608.45 MW in new orders for 2023, a decrease of 41.86% year-on-year, with cumulative orders on hand at 8,871.25 MW, down 9.39% from the previous year[36]. - The average selling price of wind turbine products decreased significantly due to increased competition and a shift to lower-priced projects[22]. - The company delivered a total of 1,710 MW in sales volume in the fourth quarter, a decrease of 14.67% compared to the previous year[26]. - The company is actively pursuing logistics optimization to address challenges related to the increasing size of wind turbine components and transportation complexities[91]. - The company aims to expand its market presence by focusing on large-scale land-based projects and offshore opportunities while enhancing its service offerings[88]. Strategic Initiatives - The company is transitioning from a wind turbine manufacturer to a full lifecycle service provider for wind power, focusing on digitalization and intelligent manufacturing[58]. - The company is exploring the integration of wind power with various energy sources and industries, reflecting a trend towards multi-energy development[53]. - The company plans to further expand into overseas markets in 2024, with some overseas sales orders set to begin execution[94]. - The company aims to enhance its organizational efficiency and risk control systems through multiple rounds of organizational changes and functional adjustments[41]. - The company is committed to increasing R&D investment and enhancing its product development and technology systems to lead the offshore wind power sector in China[137]. Financial Management - The company’s accounts receivable and contract assets totaled approximately ¥9.53 billion at the end of the reporting period, representing 36.86% of total assets, indicating a high dependency on customer payments[92]. - The company is reliant on government subsidies, which accounted for a significant portion of its non-operating income, posing a risk if future policies change[92]. - The company has committed to using part of its idle raised funds to temporarily supplement working capital, demonstrating financial flexibility[181]. - The total remuneration for all directors, supervisors, and senior management personnel at the end of the reporting period amounted to 5.881 million RMB[176]. Human Resources and Training - The company employed a total of 1,687 staff members, with 775 in technical roles and 138 in sales[194]. - The number of R&D personnel decreased from 556 to 525, while the proportion of R&D personnel in the total workforce increased from 29.88% to 31.12%[82]. - The company implemented over 500 new employee training sessions and completed skill assessments for over 400 individuals[197][198]. - The training programs focus on enhancing skills for frontline service personnel through a combination of theory and practical training[198]. Corporate Social Responsibility - The company has established an ESG management committee, highlighting its commitment to environmental, social, and governance practices[181]. - The company is enhancing its corporate social responsibility initiatives to align with its long-term strategic goals[172].

证券代码：688660 证券简称：电气风电 公告编号：2024-029 上海电气风电集团股份有限公司 关于收到上海证券交易所问询函的回复公告 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。 公司于 2024 年 04 月 22 日收到上海证券交易所科创板公司管理部出具的《关 于上海电气风电集团股份有限公司 2023 年年度报告的信息披露监管问询函》（上 证科创公函【2024】0066 号，以下简称"《问询函》"）。根据《问询函》的要求 ， 公司与普华永道中天会计师事务所（特殊普通合伙）（以下简称"会计师"）、中信 证券股份有限公司（以下简称"保荐机构"）对《问询函》所列问题进行了认真核 查并作出如下回复。 | 问询函所列问题 | | 黑体（加粗） | | --- | --- | --- | | 对问询的说明 | | 宋体 | | 引用原 | 2023 年年度报告内容 | 楷体（不加粗） | | 在 2023 | 年年度报告中补充披露内容 | 楷体（加粗） | 《问询函》问题 1：关于公司经营业绩。 2023 年度，公司实现 ...

中信证券股份有限公司 关于上海电气风电集团股份有限公司 2023 年年报问询函回复的核查意见 上海证券交易所： 根据贵所《关于上海电气风电集团股份有限公司 2023 年年度报告的信息披 露监管问询函》（上证科创公函【2024】0066 号，以下简称"《问询函》"）的要 求，中信证券股份有限公司（以下简称"中信证券"或"持续督导机构"）作为上海 电气风电集团股份有限公司（以下简称"电气风电"或"公司"）的持续督导机构， 会同公司及相关中介机构，对问询函所提及的事项进行了逐项落实，现将问询函 所涉及问题回复如下： 一、关于公司经营业绩 2023 年度，公司实现营业收入 101.14 亿元，较上年同期下降 16.24%，归属 于上市公司股东的净利润为-12.71 亿元，较上年同期有大幅下降。主营业务毛利 率 6.54%，较上年度同期减少 7.67 个百分点。 请公司：(1) 请公司结合行业趋势、公司经营、上下游变化及主要产品竞争 对手的业绩情况，补充说明公司业绩大幅下滑的原因及合理性，以及公司与同行 业可比公司业绩变化趋势是否一致；如不一致，请说明原因；(2) 分季度看，公 司 2023 年第一至第四季度分别实现营 ...

问题 1：关于公司经营业绩。 2023 年度，公司实现营业收入 101.14 亿元，较上年同期下降 16.24%，归属于 上市公司股东的净利润为-12.71 亿元，较上年同期有大幅下降。主营业务毛利率 6.54%，较上年度同期减少 7.67 个百分点。 请公司：(1) 请公司结合行业趋势、公司经营、上下游变化及主要产品竞争对手的 业绩情况，补充说明公司业绩大幅下滑的原因及合理性，以及公司与同行业可比公司 业绩变化趋势是否一致；如不一致，请说明原因；(2) 分季度看，公司 2023 年第一至 第四季度分别实现营业收入 13.86、28.56、16.83、41.90 亿元；归母净利润分别为 -1.67、-2.04、-2.81、-6.19 亿元，第四季度亏损大幅增加；经营活动产生的现金流 量净额分别为-12.04、-4.33、-21.89、-1.22 亿，与收入、利润变动趋势不一致。请 公司分季度补充披露相关营业收入、营业成本、毛利率、产销量及其同比变化，同时 结合公司主要业务开展情况、销售结算、回款模式等，说明各季度经营活动产生的现 金流量净额与净利润不匹配的主要原因。 一、公司回复： (一) 请公司结合行业趋势 ...

证券代码：688660 证券简称：电气风电 上海电气风电集团股份有限公司 2024 年 04 月投资者关系活动记录表 编号：2024-004 □特定对象调研 □分析师会议 投资者关系 □媒体采访 □业绩说明会 活动类别 □新闻发布会 □路演活动 □现场参观 √其他 E互动、投资者热线 参与人员 公司投资者 时间 2024年04月 形式 E 互动、投资者热线 接待人员 公司投资者关系团队 问题１、公司如何看待最近三部委联合印发的“千乡万 村驭风行动”的通知，以及公司是否有分散式风电项目或技 术储备？ 答：国家发展改革委、国家能源局、农业农村部联合印 发《关于组织开展“千乡万村驭风行动”的通知》，该通知 是为落实 2021年通过的《“十四五”可再生能源发展规划》 中提出的“千乡万村驭风行动”而制定，对目前并网难度大、 核准制流程繁琐等问题在通知中均提出了相应指导意见。预 计未来分散式发展空间将进一步增长，如能和当地合作获取 投资者关系 多个项目，有利于整机厂提高项目盈利性。 公司目前在分 ...

Financial Performance - The company's operating revenue for Q1 2024 was ¥469,451,755.69, representing a decrease of 66.13% compared to the same period last year[2]. - The net profit attributable to shareholders was a loss of ¥211,942,690.09, with basic and diluted earnings per share both at -¥0.16[2]. - The company experienced a significant decline in revenue due to delays in the execution of certain sales orders[5]. - Total operating revenue for Q1 2024 was ¥469,451,755.69, a decrease of 66.1% compared to ¥1,386,027,011.76 in Q1 2023[18]. - Net loss for Q1 2024 was ¥212,062,060.59, compared to a net loss of ¥166,609,414.56 in Q1 2023, representing a 27.2% increase in losses[19]. - The company reported a total comprehensive loss of ¥209,092,730.92 for Q1 2024, compared to a loss of ¥166,537,399.28 in Q1 2023[19]. - Net loss for Q1 2024 was ¥176,195,382.47, compared to a net loss of ¥165,768,650.33 in Q1 2023, reflecting a deterioration in performance[29]. - The company incurred financial expenses of ¥20,886,636.17 in Q1 2024, significantly higher than ¥1,780,578.55 in Q1 2023[28]. Assets and Liabilities - The total assets at the end of the reporting period were ¥25,193,158,849.79, a decrease of 2.57% from the end of the previous year[2]. - The company's total liabilities amounted to ¥19,528,008,477.94, a decrease of 2.3% from ¥19,983,031,590.15 in the previous period[18]. - The total liabilities decreased to CNY 14,869,087,155.49 from CNY 15,409,289,706.16, showing a reduction of approximately 3.5%[14]. - The company's total liabilities decreased to 21,299,161,585.86 RMB from 22,139,386,752.13 RMB, indicating improved liability management[25]. - The company's total current assets amounted to CNY 14,053,543,354.04, a decrease from CNY 14,870,483,096.27 as of December 31, 2023[13]. - The company's total equity attributable to shareholders decreased by 3.57% to ¥5,656,039,249.99 compared to the end of the previous year[2]. - The company reported a total equity of ¥5,235,804,440.70 as of Q1 2024, a decrease from ¥5,414,363,492.41 in Q1 2023[26]. Cash Flow - The net cash flow from operating activities was -¥1,790,418,281.05, indicating a significant decrease in cash inflow compared to the previous year[2]. - In Q1 2024, the company reported a net cash flow from operating activities of -1,790,418,281.05 RMB, compared to -1,204,356,616.99 RMB in Q1 2023, indicating a decline in operational cash flow[21]. - Cash and cash equivalents at the end of Q1 2024 were ¥1,223,148,927.30, down from ¥2,917,426,407.24 at the end of Q1 2023[31]. - The company's cash and cash equivalents were reported at CNY 1,712,053,264.93, down from CNY 2,210,713,942.41 at the end of the previous year[13]. - Total cash inflow from financing activities was 1,863,069,701.04 RMB, significantly higher than 401,403,567.93 RMB in the same period last year, reflecting increased financing efforts[22]. Research and Development - Research and development expenses totaled ¥85,737,969.71, down 40.81% year-on-year, but the R&D expenditure as a percentage of operating revenue increased by 7.81 percentage points to 18.26%[2]. - Research and development expenses for Q1 2024 were ¥85,737,969.71, a decrease of 40.8% from ¥144,846,425.89 in Q1 2023[18]. - Research and development expenses in Q1 2024 were ¥83,813,128.66, down 39.9% from ¥139,302,764.70 in Q1 2023[28]. - The company has not reported any new product launches or technological advancements during this period[12]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 29,860, with the largest shareholder, Shanghai Electric Group, holding 60.40% of the shares[7]. - There were changes in major shareholders, with new entries including Wang Li and Huaxia Bank, while China Bank and Jiang Min exited[11]. - The company has not disclosed any plans for market expansion or mergers and acquisitions in the current reporting period[12]. Inventory and Receivables - Accounts receivable increased to CNY 4,251,236,452.25 from CNY 3,919,188,240.22, indicating a growth of approximately 8.5%[13]. - Inventory levels rose to CNY 2,202,001,968.33, compared to CNY 1,668,983,692.46, reflecting a significant increase of about 32%[14]. - The accounts receivable rose to 5,665,400,651.47 RMB from 5,238,375,382.61 RMB, suggesting an increase in credit sales or delayed collections[24]. - The company’s inventory increased to 1,127,400,640.59 RMB from 994,342,802.53 RMB, indicating a rise in stock levels[24].

证券代码：688660 证券简称：电气风电 公告编号：2024-022 上海电气风电集团股份有限公司 关于参加 2023 年度科创板集体业绩说明会 暨 2024 年第一季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、准确性和完整性依法承担法律责任。 重要内容提示： 会议线上交流时间：2024年05月07日（星期二）下午15:00-17:00 会议召开方式：网络文字互动 线 上 文 字 互 动 平 台 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （http://roadshow.sseinfo.com/） 投资者可于2024年05月06日(星期一)16:00前通过邮件、电话、传真等形 式将需要了解和关注的问题提前提供给公司。公司将在文字互动环节对投资者普 遍关注的问题进行回答。 上海电气风电集团股份有限公司（以下简称"公司"）已于2024年03月29日 发布公司2023年年度报告，将于2024年04月30日在上海证券交易所网站 （www.sse.com.cn）披露2024年第一季度报告。为加强与投资者沟通交流，使投 资者更加 ...