Core Viewpoint - The company, Kehui Co., has announced an expected net profit increase of over 50% for the year 2025, with specific figures pending confirmation in the annual report [1][2]. Group 1: Performance and Financial Situation - The company disclosed that the estimated net profit attributable to shareholders for 2025 is approximately 47 million yuan, reflecting a year-on-year growth of 54.11% [2]. - The official financial data will be confirmed in the audited annual report, which is considered a critical upcoming milestone [2]. Group 2: Stock Price and Capital Performance - In late January 2026, the company's stock price experienced fluctuations, including a 2.13% decline on January 29, with net capital outflow observed [3]. - The financing balance reached 52.75 million yuan on January 30, representing a significant proportion of the circulating market value, indicating active market participation [3]. Group 3: Industry Policy and Environment - The electric power equipment industry in 2026 is expected to benefit from policies promoting "independent and controllable upgrades of power system equipment," particularly in the company's smart grid fault monitoring and magnetic resistance motor businesses [4]. - Ongoing attention is required regarding the implementation of industry policies and changes in demand that may impact the company's operations [4].

Group 1 - The company, Kehui Co., expects to achieve a net profit attributable to shareholders of approximately 47 million yuan for the year 2025, which represents an increase of about 16.5 million yuan compared to the previous year, reflecting a year-on-year growth of approximately 54.11% [2] - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be around 45 million yuan, indicating an increase of approximately 18.4 million yuan year-on-year, which corresponds to a growth rate of about 69.47% [2]

Core Viewpoint - The company, Kehui Co., Ltd. (688681.SH), expects a significant increase in net profit for the fiscal year 2025, driven by product innovation and market expansion in the smart grid and magnetic motor sectors [1] Financial Performance - The estimated net profit attributable to the parent company's shareholders for 2025 is approximately 47 million yuan, representing an increase of about 16.5 million yuan compared to the previous year, which is a year-on-year growth of approximately 54.11% [1] - The estimated net profit after deducting non-recurring gains and losses for 2025 is around 45 million yuan, reflecting an increase of about 18.4 million yuan year-on-year, equating to a growth rate of approximately 69.47% [1] Business Strategy - The company focuses on its core business while seizing industry development opportunities, emphasizing product innovation and market development [1] - The sales revenue from smart grid fault monitoring and automation products, as well as magnetic motor drive systems, has seen significant year-on-year growth, contributing to the steady increase in the company's operating revenue and net profit [1]

Financial Performance Forecast - The company expects a net profit attributable to shareholders of approximately 47 million yuan for 2025, an increase of about 16.5 million yuan, representing a year-on-year growth of 54.11%[2] - The expected net profit attributable to shareholders after deducting non-recurring gains and losses is approximately 45 million yuan, an increase of about 18.4 million yuan, reflecting a year-on-year growth of 69.47%[2] - The previous year's net profit attributable to shareholders was 30.5 million yuan, with a net profit of 26.6 million yuan after deducting non-recurring gains and losses[3] Business Strategy and Innovation - The company has focused on product innovation and market expansion, benefiting from the upgrade of power system equipment and the iteration of reluctance motor products, leading to significant sales growth in intelligent grid fault monitoring and automation products[4] Performance Forecast Accuracy - The company emphasizes that the performance forecast is based on preliminary calculations and has not been audited by certified public accountants[5] - There are no significant uncertainties affecting the accuracy of the performance forecast[5] - The forecast data is preliminary, and the final financial data will be disclosed in the audited annual report for 2025[6]

Core Viewpoint - The company expects to achieve a net profit attributable to shareholders of approximately 47 million yuan for the year 2025, representing an increase of about 16.5 million yuan compared to the previous year, which is a year-on-year growth of approximately 54.11% [1] Financial Performance - The projected net profit attributable to shareholders, excluding non-recurring gains and losses, is expected to be around 45 million yuan for 2025, reflecting an increase of approximately 18.4 million yuan year-on-year, equating to a growth rate of about 69.47% [1] Business Strategy - The company is focused on its core business, seizing industry development opportunities, and enhancing product innovation and market expansion [1] - The sales revenue of the company's smart grid fault monitoring and automation products, as well as the magnetic reluctance motor drive system products, has seen significant year-on-year growth due to the upgrade of autonomous controllable power system equipment and the iteration of magnetic reluctance motor products along with the expansion of new application scenarios [1]

Core Viewpoint - The company has been actively expanding its overseas market presence, leveraging its technological and product advantages, although the scale of sales remains small as the expansion is still in its early stages [1] Group 1: Company Expansion - The company has successfully sold cable fault testing products, transmission line fault testing products, and magnetic resistance motors in regions such as Europe, the Middle East, India, and South Africa [1] - The overseas market expansion is characterized as being in the initial phase, indicating potential for future growth [1]

Group 1 - The company held an employee representative director election on December 30, 2025, resulting in Mr. Jia Mingquan being elected as the employee representative director for the fifth board of directors [1][2] - The fifth board of directors will consist of the newly elected employee representative director and eight other directors elected at the fourth extraordinary shareholders' meeting, serving a term of three years [1][2] - The election process complied with relevant laws and regulations, ensuring that the number of non-independent directors, including the employee representative, does not exceed half of the total board members [2] Group 2 - The company held its fourth extraordinary shareholders' meeting on December 31, 2025, where all proposed resolutions were approved without any rejections [6][7] - The meeting was conducted in accordance with the Company Law and the company's articles of association, utilizing both on-site and online voting methods [7][8] - The meeting included the attendance of all nine current directors and the company secretary, ensuring a quorum was met [8] Group 3 - The company announced the election of its chairman and the establishment of various specialized committees during the first meeting of the fifth board of directors held on December 31, 2025 [13][14] - Mr. Zhu Yijun was elected as the chairman of the fifth board of directors, with a term lasting until the end of the board's term [14][41] - The specialized committees include the audit committee, compensation and assessment committee, strategic committee, and nomination committee, with independent directors holding a majority in each [15][16][49] Group 4 - The company reported the completion of two fundraising projects: the smart grid fault monitoring and automation product upgrade project, and the construction of the modern electrical automation technology research institute [25][26] - A total of 28.72 million yuan in surplus funds from these projects will be permanently supplemented into the company's working capital to enhance operational efficiency [25][33] - The company has adhered to regulations regarding the use of raised funds, ensuring that the projects were completed within budget and on schedule [32][37]

证券代码：688681 证券简称：科汇股份 公告编号：2026-005 山东科汇电力自动化股份有限公司 第五届董事会第一次会议决议公告 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。 一、董事会会议召开情况 为保证董事会工作的衔接性和连贯性，山东科汇电力自动化股份有限公司 （以下简称"公司"）第五届董事会第一次会议通知于公司 2025 年第四次临时股 东会结束后立即以口头方式发出，全体董事一致同意豁免本次董事会会议的通知 期限。本次会议于 2025 年 12 月 31 日在公司第二会议室以现场和网络视频会议 的方式召开，本次会议为紧急会议，已由全体董事共同推举的会议召集人朱亦军 先生在会议上就相关情况作出说明。本次会议应出席董事 9 名，实际出席董事 9 名，公司高级管理人员列席了本次会议，会议的召集和召开符合《中华人民共和 国公司法》等法律、法规和《公司章程》《董事会议事规则》的有关规定，会议 决议合法、有效。 二、董事会会议审议情况 （一）审议通过了《关于选举山东科汇电力自动化股份有限公司董事长的 议案》 经全体董事审 ...

山东科汇电力自动化股份有限公司 关于选举董事长、董事会专门委员会委员 及聘任高级管理人员和证券事务代表的公告 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。 山东科汇电力自动化股份有限公司（以下简称"公司"）于 2025 年 12 月 31 日召开 2025 年第四次临时股东会，选举产生了第五届董事会非职工代表董事， 和公司职工代表大会选举产生的职工代表董事共同组成公司第五届董事会，任期 自公司 2025 年第四次临时股东会审议通过之日起三年。 同日，公司召开第五届董事会第一次会议，审议通过了《关于选举山东科汇 电力自动化股份有限公司董事长的议案》《关于选举公司第五届董事会审计委员 会委员的议案》《关于选举公司第五届董事会薪酬与考核委员会委员的议案》《关 于选举公司第五届董事会战略委员会委员的议案》《关于选举公司第五届董事会 提名委员会委员的议案》《关于聘任山东科汇电力自动化股份有限公司总经理的 议案》《关于聘任山东科汇电力自动化股份有限公司副总经理的议案》《关于聘任 山东科汇电力自动化股份有限公司董事会秘书的议案》《关于 ...

证券代码：688681 证券简称：科汇股份 公告编号：2026-004 山东科汇电力自动化股份有限公司 关于部分募投项目结项并将节余募集资金 永久补充流动资金的公告 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、准确性和完整性承担法律责任。 重要内容提示： 本次结项的募投项目名称：智能电网故障监测与自动化产品升级项目、 现代电气自动化技术研究院建设项目。 本次节余金额为 2,872.15 万元，为提高资金使用效率并结合公司实际 经营情况，山东科汇电力自动化股份有限公司（以下简称"公司"）拟将结项募 投项目的节余募集资金永久补充流动资金（实际金额以资金转出当日募集资金 专户余额为准），用于公司日常生产经营。 公司于 2025 年 12 月 31 日召开第五届董事会第一次会议，审议通过了《关 于公司部分募投项目结项并将节余募集资金永久补充流动资金的议案》，同意公 司首次公开发行股票募集资金投资项目之"智能电网故障监测与自动化产品升级 项目"和"现代电气自动化技术研究院建设项目"结项，并将节余募集资金（实 际金额以资金转出当日募集资金专户余额为准）永久补充流动 ...