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 ...

Group 1: Company Strategy and Market Positioning - The company views the "Thousand Villages and Ten Thousand Towns Wind Action" initiative as a means to address challenges in grid connection and approval processes, anticipating growth in decentralized wind power projects [2] - The company has accumulated significant experience in decentralized wind power projects, including innovative models and partnerships with local entities [2] - The company is actively optimizing its strategies and business models in response to the latest policies, focusing on technology solutions and commercial approaches [2][3] Group 2: Market Expansion Strategies - The company aligns its market expansion strategies with national policies and market demands, particularly focusing on the development of large-scale land-based projects and offshore markets [3][4] - The company is enhancing its channel construction and sales models in overseas markets, with a clear strategy for key countries and targeted products [4] Group 3: Pricing Trends and Product Development - The company expects land-based wind turbine bidding prices to stabilize in 2024, while offshore wind turbine prices may decrease to meet grid parity requirements [5][6] - The company emphasizes the importance of maintaining quality and safety while pursuing cost reductions through larger turbine designs [6] - The company is implementing various measures, including technology upgrades and management optimizations, to address market challenges and enhance product competitiveness [7][8] Group 4: Operational Efficiency and Cost Management - The company aims to expand its scale by securing sales orders in land-based and offshore markets, while also developing wind resources and service businesses to diversify profit sources [9] - The company is focused on cost control and reduction through meticulous management across logistics, manufacturing, and service operations [9]

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 ...

上海电气风电集团股份有限公司 关于董事、监事及高级管理人员增持计划实施完毕 暨增持结果的公告 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： 增持计划基本情况：符合公司《上海电气风电集团股份有限公司上市后 三年内稳定公司股价的预案》规定条件的董事、高级管理人员，以及自愿增持的 监事共计7人（以下简称"增持主体"），拟自2024年01月25日起90日内，通过集 中竞价等或上海证券交易所交易系统允许的其他方式增持公司股份，累计增持股 份金额不低于其上一年度税后薪酬总额的5%，最高不超过其上一年度税后薪酬总 额的10%。具体内容详见公司于2024年01月26日在上海证券交易所网站披露的《关 于稳定股价措施及其实施方案暨董事、监事及高级管理人员增持计划的公告》 （2024-004）。 证券代码：688660 证券简称：电气风电 公告编号：2024-021 增持计划实施结果：截至2024年04月19日，增持主体通过上海证券交易 所交易系统就本次增持计划以集中竞价方式累计增持公司股份共计122,613股， 占公司股份总 ...

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 年度持续督导工作现场检查报告 根据《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、法规的规定，中信证券股份有限公司（以下简称"中信证券"或"保荐 人"）作为正在对上海电气风电集团股份有限公司（以下简称"电气风电""公司" "上市公司"）进行持续督导工作的保荐人，对 2023 年度（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： 一、本次现场检查的基本情况 （一）保荐人 中信证券股份有限公司 （二）保荐代表人 宋永新、龚远霄 （三）现场检查人员 龚远霄、俞霄烨 （四）现场检查时间 （六）现场检查手段 1 本次现场检查的手段主要包括资料查阅、访谈、现场查看等，具体检查手段 详见"二、本次现场检查主要事项及意见"。 2024 年 4 月 12 日 （五）现场检查内容 现场检查人员对本持续督导期内发行人公司治理和内部控制情况、信息披露 情况、公司的独立性以及与控股股东、实际控制人及其他关联方资金往来情况、 募集资金使用情况、关联交易、对外担保、重大对外投资情况、经营状况等方面 进 ...

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 年度持续督导跟踪报告 3、本持续督导期间，保荐人通过与公司的日常沟通、现场回访等方式开展 持续督导工作，并于 2024 年 4 月 12 日对公司进行了现场检查。 4、本持续督导期间，保荐人根据相关法规和规范性文件的要求履行持续督 导职责，具体内容包括： （1）查阅公司章程、三会议事规则等公司治理制度、三会会议材料； （2）查阅公司财务管理、会计核算和内部审计等内部控制制度，查阅公司 2023 年度内部控制自我评价报告、2023 年度内部控制鉴证报告等文件； 中信证券股份有限公司（以下简称"中信证券"或"保荐人"）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"或"上市公司"） 首次公开发行股票并在科创板上市并公开发行 A 股股票的保荐人。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》等相关 规定，中信证券履行持续督导职责，并出具本持续督导年度跟踪报告。 一、持续督导工作概述 1、保荐人制定了持续督导工作制度，制定了相应的工作计划，明确了现场 检查的工作要求。 2、保荐人已与公司签订保荐协议，该协 ...

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 for the parent company decreased from 359,096,391.68 CNY at the beginning of the year to -1,112,707,764.35 CNY at the end of the year[5]. - The company plans not to implement any profit distribution for the 2023 fiscal year[5]. - The company's operating revenue for 2023 was ¥10,114,212,908.77, a decrease of 16.24% compared to ¥12,075,139,759.63 in 2022[19]. - The net profit attributable to shareholders was -¥1,271,270,080.21 in 2023, compared to -¥338,066,603.73 in 2022, indicating a significant decline[19]. - The basic earnings per share for 2023 was -¥0.95, down from -¥0.25 in 2022[20]. - The weighted average return on equity for 2023 was -19.55%, a decrease from -4.53% in 2022[20]. - The total assets at the end of 2023 were ¥25,857,415,570.16, down 14.40% from ¥30,207,985,794.33 at the end of 2022[19]. - The net cash flow from operating activities was -¥3,948,778,914.29 in 2023, compared to -¥717,556,679.88 in 2022[19]. - The gross profit margin for the main business decreased by 7.67 percentage points to 6.54%[98]. - The total revenue for the year 2023 was approximately CNY 10.06 billion, a decrease of 15.98% compared to the previous year, with a gross margin of 6.54%, down 7.66 percentage points[101]. 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 received a standard unqualified audit report from PwC Zhongtian[5]. - The board held 13 meetings during the reporting period, making prudent decisions on significant matters such as the cancellation of certain fundraising investment projects and the transfer of wholly-owned subsidiary equity[150]. - The supervisory board convened 5 meetings to review the periodic reports and provided opinions on important matters including the use and management of raised funds and profit distribution[151]. - The company emphasized the importance of governance and compliance, with all directors and supervisors fulfilling their duties diligently and responsibly[152]. - The board revised the related party transaction management system to better regulate decision-making and management practices in accordance with the latest regulations[153]. - The company maintains complete independence from its controlling shareholder in terms of personnel, assets, finance, and operations, ensuring autonomous business capabilities[154]. Research and Development - Research and development expenses accounted for 6.51% of operating revenue in 2023, an increase of 1.68 percentage points from 4.83% in 2022[20]. - The total R&D expenditure for the year reached ¥658,045,965.97, a 12.72% increase from the previous year, representing 6.51% of total revenue, up from 4.83%[72]. - The company applied for 105 new patents during the reporting period, with a total of 1,438 patents held, including 831 invention patents[70]. - The company has established a comprehensive R&D system with multiple centers across China and Europe, collaborating with top universities to enhance its technological capabilities in wind turbine design and manufacturing[84]. - The company is committed to increasing R&D investment and enhancing its digital and intelligent manufacturing capabilities to improve product reliability and reduce costs[138]. Market and Sales Performance - The company delivered wind turbine orders primarily from grid parity projects, leading to a significant decline in average sales prices compared to previous years[22]. - The company faced intensified competition in the domestic wind power market, resulting in continued decreases in bidding prices for wind turbine products[22]. - 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 amounting to 8,871.25 MW, down 9.39% from the previous year[35]. - The average bidding price for onshore wind turbines fell from approximately 1,770 RMB/kW in 2022 to around 1,500 RMB/kW in 2023, while the average bidding price for offshore wind turbines decreased to about 3,100 RMB/kW[31]. - The company achieved a sales revenue of 393.94 million yuan from service business and spare parts outside the warranty period, representing a year-on-year growth of 33.93%[38]. - The company is actively participating in the renewable energy market, with policies aiming for non-fossil energy generation to account for approximately 51.9% of installed capacity by 2023[45]. Strategic Initiatives and Future Plans - The company is focused on developing new technologies, including the "Petrel" and "Poseidon" platforms for different environmental conditions[11]. - The company aims to support the "3060" dual carbon target with its newly developed tower products[11]. - The company is committed to the development of renewable energy, with plans for significant increases in wind and solar power installations in 2023[45]. - The company plans to further expand into overseas markets in 2024, with some overseas sales orders set to begin execution[93]. - The company aims to enhance risk management and improve its foreign exchange hedging mechanisms in response to international market uncertainties[93]. - The company is focusing on the development of 10MW+ onshore and 15MW+ offshore wind turbine models, with a strong emphasis on large-scale wind turbine technology[52]. Human Resources and Management Changes - The company employed a total of 1,687 staff members, with 1,388 in the parent company and 299 in major subsidiaries[192]. - The technical personnel accounted for the largest group, totaling 775 employees, representing approximately 46% of the total workforce[192]. - The company has experienced changes in its board, with several directors and supervisors resigning due to retirement or work changes[175]. - The company confirmed that the departure of key technical personnel will not adversely affect its research and development capabilities or core competitiveness[177]. - The company is actively expanding its leadership team to enhance operational efficiency and strategic direction[167]. Environmental and Social Responsibility - The company emphasizes the importance of environmental protection in its wind power project development, construction, and operation processes[58]. - The company is focusing on integrating multiple energy sources, including wind, solar, and hydrogen, to create comprehensive energy solutions[133]. - The company has established a comprehensive decision-making mechanism for profit distribution, ensuring the protection of minority shareholders' rights[200].