浙商证券股份有限公司 关于海南金盘智能科技股份有限公司 向不特定对象发行可转换公司债券 之 上市保荐书 保荐机构（主承销商） （住所：浙江省杭州市五星路 201 号） 二〇二五年八月 声明 浙商证券股份有限公司（以下简称"本保荐机构""保荐机构"或"浙商证 券"）接受海南金盘智能科技股份有限公司（以下简称"金盘科技""发行人" 或"公司"）的委托，担任发行人向不特定对象发行可转换公司债券的保荐机构。 本保荐机构和保荐代表人已根据《中华人民共和国公司法》（以下简称"《公 司法》"）《中华人民共和国证券法》（以下简称"《证券法》"）《证券发行 上市保荐业务管理办法》（以下简称"《保荐管理办法》"）《上市公司证券发 行注册管理办法》（以下简称"《管理办法》"）《＜上市公司证券发行注册管 理办法＞第九条、第十条、第十一条、第十三条、第四十条、第五十七条、第六 十条有关规定的适用意见——证券期货法律适用意见第 18 号》（以下简称"《证 券期货法律适用意见第 18 号》"）等法律法规和中国证券监督管理委员会（以 下简称"中国证监会"）及上海证券交易所（以下简称"上交所"）的有关规定， 诚实守信，勤勉尽责，严格按照依法制 ...

浙商证券股份有限公司 关于海南金盘智能科技股份有限公司 向不特定对象发行可转换公司债券 之 发行保荐书 保荐机构（主承销商） （住所：浙江省杭州市五星路 201 号） 声明 作为海南金盘智能科技股份有限公司（以下简称"金盘科技""发行人"或 "公司"）向不特定对象发行可转换公司债券的保荐机构，浙商证券股份有限公 司（以下简称"本保荐机构""保荐机构"或"浙商证券"）及其指定的保荐代 表人已根据《中华人民共和国公司法》（以下简称"《公司法》"）《中华人民 共和国证券法》（以下简称"《证券法》"）《上市公司证券发行注册管理办法》 （以下简称"《管理办法》"）《＜上市公司证券发行注册管理办法＞第九条、 第十条、第十一条、第十三条、第四十条、第五十七条、第六十条有关规定的适 用意见——证券期货法律适用意见第 18 号》（以下简称"《证券期货法律适用 意见第 18 号》"）等有关法律、法规和中国证券监督管理委员会（以下简称"中 国证监会"）以及上海证券交易所（以下简称"上交所"）的有关规定，诚实守 信，勤勉尽责，严格按照依法制订的业务规则、行业执业规范和道德准则出具本 发行保荐书，并保证所出具文件的真实性、准确性和完整 ...

6-1 发行人最近三年的财务报告及其审计报告以及最近一期的财务报告 序号 文件名称 页码 1 海南金盘智能科技股份有限公司 2022 年审计报告 6-1-1-1 至 6-1-1-140 2 海南金盘智能科技股份有限公司 2023 年审计报告 6-1-2-1 至 6-1-2-147 3 海南金盘智能科技股份有限公司 2024 年审计报告 6-1-3-1 至 6-1-3-156 4 海南金盘智能科技股份有限公司 2025 年 1-3 月财务报表 6-1-4-1 至 6-1-4- 6-1-1-1 审 计 报 告 中汇会审[2023]1652号 海南金盘智能科技股份有限公司全体股东： 一、审计意见 我们审计了海南金盘智能科技股份有限公司(以下简称金盘科技公司)财务 报表，包括2022年12月31日的合并及母公司资产负债表，2022年度的合并及母公 司利润表、合并及母公司现金流量表、合并及母公司所有者权益变动表以及财务 报表附注。 我们认为，后附的财务报表在所有重大方面按照企业会计准则的规定编制， 公允反映了金盘科技公司2022年12月31日的合并及母公司财务状况以及2022年 度的合并及母公司经营成果和现金流量。 二 ...

北京市金杜律师事务所 关于海南金盘智能科技股份有限公司 向不特定对象发行可转换公司债券的法律意见书 致：海南金盘智能科技股份有限公司 北京市金杜律师事务所（以下简称本所）接受海南金盘智能科技股份有限公司（以 下简称发行人）委托，担任发行人向不特定对象发行可转换公司债券（以下简称本次 发行）的专项法律顾问。 本所根据《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》）、《上市公司证券发行注册管理办法》（以下简称《注册管 理办法》）、《律师事务所从事证券法律业务管理办法》（以下简称《证券法律业务管理 办法》）、《律师事务所证券法律业务执业规则（试行）》（以下简称《证券法律业务执业 规则》）、《公开发行证券公司信息披露的编报规则第 12 号——公开发行证券的法律意 见书和律师工作报告》（证监发[2001]37 号）（以下简称《编报规则第 12 号》）等中华 人民共和国（以下简称中国境内，为本法律意见书之目的，不包括香港特别行政区、 澳门特别行政区和中国台湾省）现行有效的法律、行政法规、部门规章、规范性文件 和中国证券监督管理委员会（以下简称中国证监会）、上海证券交易所（以 ...

8月19日，金盘科技大宗交易成交8.97万股，成交额489.58万元，占当日总成交额的0.42%，成交价54.58元，较市场收盘价54.58元持平。 | 交易日期 | 证券简称 | 证券代码 | 成交价(元) 成交金额(万元) 成交量( * ) 买入营业部 | | | | 卖出营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | | 2025-08-19 | 金盘科技 | 688676 | 54.58 | 489.58 | 8.97 | 中信证券股份有限 | 中信证券股份有限 公司北京安外大街 | | | | | | | | 公司总部(非营业 | | | | | | | | | - | Ver 44 22 . 11 40 | ...

Core Viewpoint - Jinpan Technology has evolved from a single transformer product to a benchmark enterprise in intelligent manufacturing, achieving nearly 7 billion yuan in annual revenue and successfully applying its dry-type transformer products in over 180 wind power projects, 230 photovoltaic projects, and 177 rail transit projects domestically, while also expanding its reach to over 80 countries and regions internationally [6][9]. Group 1: Technological Foundation - Jinpan Technology has established itself as one of the few companies capable of producing transformers for the wind energy sector, particularly in the floating offshore wind power segment, which requires high corrosion resistance and robust design [7][8]. - The company has accumulated 121 core technologies and 284 effective patents, with over 400 R&D personnel, representing more than 17% of its total workforce [8][9]. - The successful development of an 18.XMW dry-type step-up transformer for floating offshore wind turbines marks a significant technological breakthrough, setting a world record for voltage level and capacity [9]. Group 2: Digital Empowerment - Jinpan Technology's digital transformation began in 2013, leading to the establishment of its first digital factory in 2020, which has since expanded to seven digital factories across various locations [10][11]. - The integration of advanced technologies such as digital twins, AI, cloud computing, and big data has enhanced the company's production efficiency, product quality, and ability to customize small-batch production [12]. - The company's revenue has grown from 2.42 billion yuan in 2020 to 6.9 billion yuan in 2024, with over 800 million yuan in digital solution orders by 2024 [12]. Group 3: Strategic Vision - Jinpan Technology's growth is attributed to its focus on R&D innovation and strategic digital transformation, allowing it to navigate various industry cycles effectively [13][14]. - The company has consistently positioned itself in key sectors such as rail transit, real estate, and renewable energy, ensuring a broad market presence [14]. - In March 2025, Jinpan Technology will enter the smart industrial robotics sector, aiming to enhance production efficiency through AI technology and digital manufacturing platforms [14].

上期（总第209期）A股绿色周报显示，共有10家上市公司在近期暴露了环境风险。 | | 星战化工 | | | --- | --- | --- | | | | 北京市 | | | 石油石化 | | | | | 订宁省 | | | 建筑装饰 | 山西省 | | 环境违法违规 | 医药生物 | 湖北省 | | | 社会服务 | 上海市 | | | 公用事业 | 河北省 | | | 食品饮料 | 广东省 | | | 电力设备 | 安徽省 | 2024年年报显示，金盘科技的主营业务为电气机械和器材制造业、专用设备制造业、其他业务，占营收比例分别为：97.37%、 1.79%、0.84%。 | 市值(亿元) | 时间 | 2023Y | 2024Y | 202501 | | --- | --- | --- | --- | --- | | 214.12 | | | | | | | 营业收入 | 66.68 | 69.01 | 13.43 | | 机构持股(占流通盘) | (亿元) | | | | | 8家(1.3%) | 归母净利润 | 5.05 | 5.74 | 1.07 | | | (亿元) | | | | | 北向资 ...

科创100ETF基金(588220)紧密跟踪上证科创板100指数，上证科创板100指数从上海证券交易所科创板中 选取市值中等且流动性较好的100只证券作为样本。上证科创板100指数与上证科创板50成份指数共同构 成上证科创板规模指数系列，反映科创板市场不同市值规模上市公司证券的整体表现。 中原证券指出，英伟达主导全球高端AI算力芯片市场，国产AI算力芯片自主可控需求仍然迫切，AI算 力芯片国产替代市场空间广阔，国产AI算力芯片厂商有望加速发展，并持续提升市场份额，建议关注 国产AI算力芯片产业链投资机会。受益于AI对于公司核心业务的推动，北美四大云厂商谷歌、微软、 Meta、亚马逊2023年开始持续加大资本开支，目前北美四大云厂商从AI投资中获得了积极回报，并持 续加大AI基础设施的投资力度，推动AI算力硬件基础设施需求旺盛，建议关注PCB、铜连接、光芯片等 领域投资机会。 截至2025年8月15日 10:48，科创100ETF基金(588220)上涨1.90%，跟踪指数成分股东芯股份(688110)上 涨13.62%，金盘科技(688676)上涨11.52%，珠海冠宇(688772)上涨7.54%，华曙高科 ...

Overview - The box-type substation market is primarily driven by the demand from State Grid Corporation, which is a major user of distribution equipment in China and a leader in the construction of smart grids and new power systems. The demand for box-type substations reflects the market development situation [1][12] - The total tender volume for box-type substations from State Grid is influenced by various factors including macroeconomic environment, industrial policies, project construction arrangements, and specific product demand timing. From 2017 to 2024, the tender volume has shown fluctuations but maintains an overall growth trend, with a projected total of 14,078 units in 2024, representing a year-on-year increase of 1.85% [1][13] Market Policy - The box-type substation falls under the category of "C38 Electrical Machinery and Equipment Manufacturing" in the national economic industry classification. The development of the transmission and distribution equipment industry, including box-type substations, is crucial for the safety and efficiency of China's power system. The government has issued several supportive policies to foster the growth of this industry [7][9] Industry Chain - The upstream of the box-type substation industry includes suppliers of metals like steel and aluminum, as well as insulation materials and electrical components. The quality and stability of these raw materials are critical for product quality and production progress. The midstream consists of manufacturing enterprises responsible for design, production, assembly, and testing, while the downstream market encompasses various applications including power grids, infrastructure, electric vehicle charging stations, and renewable energy projects [10][12] Competitive Landscape - The box-type substation industry in China is characterized by a fragmented market with numerous participants. In 2024, a total of 125 companies won tenders from State Grid, with Shanghai Zhixin Electric Co., Ltd. leading with a bid amount of 23,382.65 million yuan, followed by Beijing Haocreat Electric Equipment Co., Ltd. and Ningbo Aokex Intelligent Technology Co., Ltd. with bid amounts of 19,427.42 million yuan and 16,613.87 million yuan, respectively [15][17] Development Trends - The future of box-type substations will leverage technologies such as IoT, big data, and artificial intelligence to enhance monitoring, control, and protection capabilities. This will enable real-time monitoring of equipment status, fault warnings, and automatic diagnostics, while also supporting remote control and management. Additionally, there will be a focus on using more efficient transformers and energy-saving switchgear to reduce energy loss and environmental impact [29][31]

Group 1 - The company has established production bases in the United States and Malaysia, which are operated as subsidiaries [2] - According to accounting standards for consolidated financial statements, the assets, liabilities, and operating results of these overseas factories have been included in the company's consolidated financial statements since the start of their construction [2]