证券代码：688676 证券简称：金盘科技 公告编号：2025-071 海南金盘智能科技股份有限公司 2025年第四次临时股东会决议公告 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： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东会召开的时间：2025 年 09 月 16 日 （二） 股东会召开的地点：海南省海口市南海大道 168-39 号公司会议室 （五） 公司董事和董事会秘书的出席情况 1、 公司在任董事6人，出席6人； 2、 董事会秘书张蕾出席了本次会议，公司其他高管通过现场或视频方式列席了 会议。 二、 议案审议情况 （一） 非累积投票议案 1、 议案名称：《关于<公司 2025 年限制性股票激励计划（草案）>及其摘要的 议案》 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 107 | | --- | --- | | 普通股股东人数 | 107 | | 2、出席会议的股东所持有的表决权数 ...

北京市金杜（深圳）律师事务所 关于海南金盘智能科技股份有限公司 2025 年第四次临时股东会的法律意见书 致：海南金盘智能科技股份有限公司 结果； 7．其他与本次股东会相关的会议文件。 北京市金杜（深圳）律师事务所（以下简称本所）接受海南金盘智能科技股 份有限公司（以下简称公司）的委托，根据《中华人民共和国证券法》（以下简 称《证券法》）、《中华人民共和国公司法》（以下简称《公司法》）、中国证 券监督管理委员会《上市公司股东会规则》（以下简称《股东会规则》）等中华 人民共和国境内（以下简称中国境内，为本法律意见书之目的，不包括中国香港 特别行政区、中国澳门特别行政区和中国台湾省）现行有效的法律、行政法规、 规章、规范性文件和现行有效的《海南金盘智能科技股份有限公司章程》（以下 简称《公司章程》）的规定，指派律师出席了公司于 2025 年 9 月 16 日召开的 2025 年第四次临时股东会（以下简称本次股东会），并就本次股东会相关事项 出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括但不限于： 1．经公司 2025 年第三次临时股东会审议通过的《公司章程》； 2．公司于 2025 ...

Market Overview - The grid equipment sector increased by 0.32% compared to the previous trading day, with Luokai Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3861.87, up 0.04%, while the Shenzhen Component Index closed at 13063.97, up 0.45% [1] Top Performers - Luokai Co., Ltd. (603829) closed at 24.93, up 10.02% with a trading volume of 79,400 shares and a transaction value of 194 million [1] - Hangdian Co., Ltd. (603618) closed at 7.59, up 10.00% with a trading volume of 415,400 shares [1] - Songsheng Co., Ltd. (301002) closed at 41.80, up 8.01% with a trading volume of 120,100 shares [1] - Weiteng Electric (688226) closed at 51.82, up 7.71% with a trading volume of 102,400 shares [1] Underperformers - Kelin Electric (603050) closed at 17.10, down 3.06% with a trading volume of 188,400 shares [2] - Jiusong Electric (301082) closed at 18.57, down 2.26% with a trading volume of 99,200 shares [2] - Tereader (300001) closed at 24.47, down 1.69% with a trading volume of 308,900 shares [2] Capital Flow - The grid equipment sector experienced a net outflow of 841 million from institutional investors, while retail investors saw a net inflow of 716 million [2] - The main capital inflow and outflow for selected stocks in the sector indicate varying investor sentiment [3] Notable Capital Movements - Hangdian Co., Ltd. (603618) had a net inflow of 89.76 million from main capital, but a net outflow of 43.69 million from speculative capital [3] - Luokai Co., Ltd. (603829) saw a net inflow of 30.27 million from main capital, with a net outflow of 8.71 million from speculative capital [3]

Investment Rating - The report maintains a "Strong Buy" rating for the wind power sector, indicating a positive outlook for the industry [5]. Core Insights - The Ministry of Industry and Information Technology, the State Administration for Market Regulation, and the National Energy Administration jointly issued a plan to stabilize growth in the power equipment industry for 2025-2026, aiming for a 6% annual revenue growth for traditional power equipment and steady growth for new energy equipment [3][12]. - The report highlights significant growth in wind power installations, with a 79.50% year-on-year increase in new installations from January to July 2025, totaling 53.67 GW [3][27]. - The average bidding price for offshore wind turbines has shown a downward trend, with an average of 3266.17 RMB/kW in 2023 [44]. Summary by Sections 1. Industry Dynamics - The report outlines the government's focus on high-quality development in the wind power sector, emphasizing the need for innovation and international collaboration [3][12]. - Key projects include the announcement of a 3GW offshore wind power project in Qingdao [3]. 2. Market Performance - The wind power equipment sector experienced a decline of 2.04% in the week of September 8-12, 2025, underperforming compared to the broader market indices [15][18]. - The TTM price-to-earnings ratio for the wind power equipment index is reported at 35.19, with a market-to-book ratio of 1.93 [7][15]. 3. Installation Data - As of July 2025, the cumulative installed capacity of wind power reached approximately 574.87 million kW, reflecting a year-on-year growth of 22.10% [27][28]. - The report notes that land-based wind power installations accounted for 48.90 GW in the first half of 2025, a 95.52% increase year-on-year [4][27]. 4. Investment Recommendations - The report recommends companies such as Goldwind Technology and Yunda Co., which are expected to benefit from the acceleration of domestic wind power construction and overseas market expansion [8]. - It highlights the importance of large megawatt products and new technologies in enhancing profitability and competitive advantage within the industry [8].

Core Viewpoint - Jinpan Technology's stock has shown significant performance with a year-to-date increase of 30.82% and a recent 5-day increase of 5.13% [1] Financial Performance - For the first half of 2025, Jinpan Technology achieved a revenue of 3.154 billion yuan, representing a year-on-year growth of 8.16% [2] - The net profit attributable to shareholders for the same period was 265 million yuan, reflecting a year-on-year increase of 19.10% [2] Stock and Market Activity - As of September 16, Jinpan Technology's stock price was 53.53 yuan per share, with a total market capitalization of 24.586 billion yuan [1] - The stock experienced a net inflow of main funds amounting to 2.0387 million yuan, with significant buying activity from large orders [1] Shareholder Information - As of June 30, 2025, the number of shareholders increased to 18,400, with an average of 24,939 circulating shares per person [2] - The company has distributed a total of 713 million yuan in dividends since its A-share listing, with 543 million yuan in the last three years [3] Institutional Holdings - Notable changes in institutional holdings include Hong Kong Central Clearing Limited entering as the fourth-largest shareholder with 12.7274 million shares [3] - The Southern CSI 500 ETF has also entered the top ten shareholders with 4.0169 million shares [3]

Investment Rating - The report maintains a "Buy" rating for companies such as Goldwind Technology, Yunda Co., and Daikin Heavy Industries, while recommending "Hold" for companies like Taisheng Wind Energy and Jinlei Co. [1][4] Core Insights - The wind power sector is experiencing accelerated construction, with significant growth in offshore wind power connections in the first half of 2025. The reform of the bidding system is expected to drive wind turbine prices upward. [4][55] - The report highlights the increasing demand for large-scale wind turbines and the application of new technologies, which are expected to enhance the development space for the entire industry. [4][55] Industry Dynamics - Zhejiang and Beijing have released proposals for market-oriented pricing reforms for renewable energy, with specific pricing set at 0.4153 CNY/kWh for existing projects. [2][12] - The wind power sector saw a significant increase in installed capacity, with 53.67 GW added in the first seven months of 2025, representing a 79.50% year-on-year growth. [27][28] - The average price for offshore wind turbines has shown a downward trend, currently at 3266.17 CNY/kW. [3][47] Stock Performance - The wind power equipment sector index increased by 3.28% in the week of September 1-5, 2025, outperforming the broader market indices. [21][22] - Key stocks such as Goldwind Technology and Yunda Co. led the gains with increases of 18.46% and 18.22%, respectively. [21][25] Macro Data and Wind Power Industry Tracking - The GDP for the first half of 2025 was reported at 66.05 trillion CNY, with a growth rate of 5.3%. [23][26] - The total electricity consumption in the first seven months of 2025 was 58633 billion kWh, reflecting a 4.5% increase year-on-year. [23][26] Investment Recommendations - The report suggests focusing on companies that are well-positioned to benefit from the accelerating offshore wind power construction and the expansion of overseas markets. [55][56] - Specific recommendations include Goldwind Technology and Yunda Co. for the main turbine segment, Daikin Heavy Industries and Taisheng Wind Energy for tower and pile segments, and Jinlei Co. and Riyue Co. for casting and forging segments. [55][56]

证券代码：688676 证券简称：金盘科技 公告编号：2025-070 海南金盘智能科技股份有限公司 董事会薪酬与考核委员会关于公司 2025 年限制性股 票激励计划首次授予激励对象名单的核查意见及公 示情况说明 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。 海南金盘智能科技股份有限公司（以下简称"公司"）于2025年8月28日召 开了第三届董事会第二十六次会议，审议通过了《关于<公司2025年限制性股票 激励计划（草案）>及其摘要的议案》《关于<公司2025年限制性股票激励计划 实施考核管理办法>的议案》等相关议案。根据《上市公司股权激励管理办法》 （以下简称"《管理办法》"）《科创板上市公司自律监管指南第4号——股权 激励信息披露》（以下简称"《自律监管指南第4号》"）等法律、法规和规范 性文件及《海南金盘智能科技股份有限公司章程》（以下简称"《公司章程》"） 的规定，公司对2025年限制性股票激励计划（以下简称"本激励计划"）首次授 予激励对象的姓名和职务在公司内部进行了公示。公司董事会薪酬与考核委员会 结合公司公 ...

Market Overview - The electric grid equipment sector experienced a decline of 0.65% on the previous trading day, with Yintu Network leading the drop [1] - The Shanghai Composite Index closed at 3812.22, up 0.13%, while the Shenzhen Component Index closed at 12557.68, up 0.38% [1] Stock Performance - Notable gainers in the electric grid equipment sector included: - Zhongchen Co., Ltd. (300933) with a closing price of 8.60, up 3.12% and a trading volume of 238,100 shares [1] - Meishuo Technology (301295) closed at 32.86, up 2.53% with a trading volume of 45,900 shares [1] - Guancheng New Materials (600067) closed at 3.03, up 2.36% with a trading volume of 300,800 shares [1] - Conversely, significant decliners included: - Gutu Network (835508) with a closing price of 30.75, down 6.56% and a trading volume of 29,400 shares [2] - Jinlongyu (002882) closed at 34.37, down 5.53% with a trading volume of 319,100 shares [2] Capital Flow - The electric grid equipment sector saw a net outflow of 1.31 billion yuan from institutional investors, while retail investors contributed a net inflow of 1.103 billion yuan [2][3] - Key stocks with significant capital flow included: - Siyuan Electric (002028) with a net inflow of 28.02 million yuan from institutional investors [3] - Congsheng Co., Ltd. (301002) with a net inflow of 22.31 million yuan from institutional investors [3] - Zhongchen Co., Ltd. (300933) experienced a net outflow of 6.26 million yuan from retail investors [3]

Group 1: Solid-State Battery Industry - The solid-state battery industrialization is progressing with support from policies, material advancements, and application developments. Key companies to watch include Xiamen Tungsten, Tianqi Lithium, and others in the supply chain [2][3] - Major developments include the mass production of semi-solid batteries by Zhuhai Guanyu and the upcoming solid-state battery projects by Yiyuan Lithium Energy and others [2] Group 2: Domestic Energy Storage Systems - The domestic energy storage system bidding capacity reached 47.2 GWh in August 2025, reflecting a year-on-year increase of 2158% and a month-on-month increase of 1142%. Cumulative bidding for the year reached 144.1 GWh, up approximately 216% year-on-year [3] - The high demand for energy storage systems indicates a strong need for new power systems in China, laying a foundation for stable market development in 2026-2027. Key companies include Sungrow Power, Yiyuan Lithium Energy, and others [3] Group 3: AIDC Power Equipment Sector - AIDC power equipment companies are expected to benefit from increased capital expenditures, with Alibaba reporting a capital expenditure of 38.7 billion yuan in Q2 2025, up 220% year-on-year [3][32] - The demand for data center construction remains strong, and companies like Jinpan Technology and New Special Electric are positioned to gain from this trend [3][32] Group 4: Power Grid Equipment Sector - Power grid equipment companies are experiencing steady growth, with major firms maintaining robust performance in the first half of 2025. A surge in high-voltage bidding is anticipated in the second half of the year [4][42] - Key companies to focus on include Guodian NARI, Siyi Electric, and others, as they expand their product offerings and international presence [4][42] Group 5: Wind Power Sector - Wind power companies are seeing simultaneous increases in volume and profit, with significant growth in both onshore and offshore projects expected in the latter half of 2025 [4][59] - Companies like Goldwind Technology and Dongfang Cable are recommended for investment as they are well-positioned to benefit from this growth [4][59] Group 6: Investment Recommendations - The report suggests monitoring the recovery of the power grid equipment sector, the progress of offshore wind projects, the advancement of solid-state battery industrialization, and the global demand for energy storage installations [4]

Core Points - The stock price of Jinpan Technology increased by 2.02% on September 9, reaching 51.44 CNY per share, with a total market capitalization of 23.626 billion CNY [1] - The company has seen a year-to-date stock price increase of 25.71%, with a recent decline of 4.60% over the last five trading days [1] - Jinpan Technology's main business involves the research, production, and sales of power distribution and control equipment, primarily in the fields of renewable energy, high-end equipment, and energy conservation [1] Financial Performance - For the first half of 2025, Jinpan Technology reported a revenue of 3.154 billion CNY, representing a year-on-year growth of 8.16%, and a net profit attributable to shareholders of 265 million CNY, up 19.10% year-on-year [2] - Cumulative cash dividends since the company's A-share listing amount to 713 million CNY, with 543 million CNY distributed over the past three years [3] Shareholder Structure - As of June 30, 2025, the number of shareholders increased by 1.48% to 18,400, with an average of 24,939 circulating shares per shareholder, a decrease of 1.06% [2] - Notable changes in institutional holdings include Hong Kong Central Clearing Limited entering as the fourth largest shareholder with 12.7274 million shares, and South China Securities 500 ETF entering as the tenth largest shareholder with 4.0169 million shares [3]