许继电气股份有限公司 2.2024 年度资产、负债和所有者权益情况 2024 年末公司资产总额 252.65 亿元，较年初增长 15.35%，其中流动资产 205.91 亿元，非流动资产 46.73 亿 元；负债总额 128.83 亿元，所有者权益 123.82 亿元。 3.2024 年度收入、利润及主要财务指标情况 2024 年度公司实现营业收入 170.89 亿元，实现归属于 - 1 - 2024 年度财务决算及 2025 年度财务预算报告 2024 年，在许继电气股份有限公司（以下简称"公司" 或"本公司"）董事会的决策部署下，公司管理层带领广大 员工凝心聚力求突破，实干担当创一流，上下同欲、踔厉奋 发，全力开创持续高质量发展新局面，各项工作取得显著成 效。公司 2024 年度财务决算和 2025 年度财务预算情况如下： 一、2024 年度财务决算 1.2024 年度财务报告审计情况 本公司 2024 年度财务报告经信永中和会计师事务所(特 殊普通合伙)审计，出具了标准无保留意见的审计报告，认 为：本公司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，公允反映了公司 2024 年 12 月 31 ...

许继电气股份有限公司 关于西电集团财务有限责任公司的 风险持续评估报告 根据《上市公司监管指引第 8 号——上市公司资金往来、 对外担保的监管要求》《关于规范上市公司与企业集团财 务公司业务往来的通知》《深圳证券交易所上市公司自律 监管指引第 7 号——交易与关联交易》等规则要求，许继电 气股份有限公司（以下简称"许继电气"或"公司"）通 过查验西电集团财务有限责任公司（以下简称"财务公 司"）《金融许可证》《企业法人营业执照》等证件资料， 取得并审阅财务公司的年度财务报告（经审计）及风险指 标等，对财务公司的经营资质、业务和风险状况进行了评 估，具体情况报告如下： 一、财务公司基本情况 财务公司是经中国人民银行批准设立，由中国电气装 备集团有限公司（持股 41%）、中国西电电气股份有限公司 （持股 40%）、许继电气股份有限公司（持股 5.99%），河 南平高电气股份有限公司（持股 5.99%），山东电工电气集 团有限公司（持股 5.98%），中国西电集团有限公司（持股 1.04%）出资的一家非银行金融机构。 注册资本金：36.55 亿元 法定代表人：石丹 注册地址：陕西省西安市高新区唐兴路 7 号 C 座 ...

证券代码：000400 证券简称：许继电气 公告编号：2025-17 许继电气股份有限公司 一、召开会议的基本情况 1. 股东大会届次：2024 年度股东大会 2. 股东大会的召集人：公司董事会 3. 会议召开的合法、合规性：本次股东大会会议召开符合有关法律、行政 法规、部门规章、规范性文件和公司章程。 4. 会议召开日期、时间： （1）现场会议时间：2025 年 5 月 12 日 15:00 关于召开 2024 年度股东大会的通知 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 许继电气股份有限公司（以下简称"公司"）九届二十七次董事会审议通过 了《关于召开 2024 年度股东大会的议案》。本次年度股东大会会议基本事项如 下： （2）网络投票时间：通过深圳证券交易所交易系统进行网络投票的时间为 2025 年 5 月 12 日 9:15-9:25，9:30-11:30,13:00-15:00；通过深圳证券交易所 互联网投票系统进行投票的时间为 2025 年 5 月 12 日 9:15-15:00 的任意时间。 议案相关内容详见公司在巨潮资讯网（http://w ...

证券代码：000400 证券简称：许继电气 公告编号：2025-10 许继电气股份有限公司 九届十五次监事会决议公告 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 一、监事会会议召开情况 许继电气股份有限公司（以下简称"公司"）九届十五次监事会会议于 2025 年 3 月 28 日以电话和邮件方式发出会议通知，在保障监事充分表达意见的前提下， 于 2025 年 4 月 9 日以现场会议方式召开，现场会议地点为公司本部会议室，会议 由公司监事会主席李卫东先生主持；应参加表决的监事 3 人，实际参加表决的监 事 3 人，符合《公司法》《证券法》及《公司章程》的有关规定。 二、监事会会议审议情况 1.会议以 3 票同意、0 票反对、0 票弃权的表决结果审议通过公司《2024 年年 度报告》及其摘要； 该议案尚需公司股东大会审议通过。 2.会议以 3 票同意、0 票反对、0 票弃权的表决结果审议通过公司《2024 年度 监事会工作报告》； 监事会认为：公司 2024 年年度报告真实反映了公司的财务状况和经营成果， 公司年度报告的编制和审核程序符合相关法律、法规和《公 ...

一、董事会会议召开情况 许继电气股份有限公司（以下简称"公司"）九届二十七次董事会会议于2025 年3月28日以电话和邮件方式发出会议通知，在保障董事充分表达意见的前提下， 于2025年4月9日以现场会议结合视频方式召开。现场会议地点为公司本部会议室， 会议由公司董事长李俊涛先生主持；应参加表决的董事8人，实际参加表决的董 事8人（其中：以视频方式出席会议的董事4人）；公司董事长李俊涛先生，董事 余明星先生、张友鹏先生、胡继晔先生视频出席本次会议；公司监事及高级管理 人员列席本次会议。本次董事会的召开符合《公司法》《证券法》及《公司章程》 的有关规定。 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 证券代码：000400 证券简称：许继电气 公告编号：2025-09 二、董事会会议审议情况 许继电气股份有限公司 九届二十七次董事会决议公告 报告》； 4.会议以 8 票同意、0 票反对、0 票弃权审议通过公司《2024 年度财务决算 及 2025 年度财务预算报告》； 公司《2024年年度报告》刊登于巨潮资讯网上（http://www.cninfo.com.c ...

证券代码：000400 证券简称：许继电气 公告编号：2025-12 许继电气股份有限公司 2024 年度利润分配方案暨授权董事会决定 2025 年中期利润 分配方案的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 司总股本因股份回购、股权激励等原因发生变动的，依照未来实施权益分派时股 权登记日的总股本为基数实施，并保持上述分配比例不变对总额进行调整。 公司已实施 2024 年半年度现金分红、2024 年第三季度现金分红，合计分红 金额 274,077,189.11 元，加上本次现金分红 152,831,146.35 元，合计分红 426,908,335.46 元，现金分红总额（含其他方式）占归属于上市公司股东的净 利润的比例为 38.22%。 为更好地回报投资者，稳定投资者分红预期，按照《上市公司监管指引第 3 号——上市公司现金分红》《上市公司章程指引》等法律法规的规定，鼓励上市 公司在符合利润分配的条件下增加现金分红频次。提请股东大会授权公司董事会 在 2025 年半年度报告、2025 年第三季度报告后，在不影响公司正常经营和后续 发展 ...

Financial Performance - The company reported a basic earnings per share of 1.1018 yuan for 2024, an increase of 10.5% compared to 0.9971 yuan in 2023 [1] - The net profit for 2024 was 11.17 billion yuan, reflecting an increase of 11.14% from 10.05 billion yuan in 2023 [1] - The return on equity (ROE) improved to 10.08% in 2024, up from 9.41% in 2023, marking a 7.12% increase [1] - Total revenue for 2024 was 170.89 billion yuan, slightly up by 0.16% from 170.61 billion yuan in 2023 [1] Shareholder Structure - The top ten unrestricted shareholders collectively hold 52.55% of the circulating shares, totaling 52,984.58 million shares, a decrease of 983.69 million shares from the previous period [1] - China Electrical Equipment Group Co., Ltd. remains the largest shareholder with 38.31% of the total share capital, holding 38,628.65 million shares [2] - Hong Kong Central Clearing Limited saw a reduction of 1,788.44 million shares, now holding 5.67% of the total share capital [2] Dividend Distribution - The company announced a dividend distribution plan of 1.5 yuan per share (including tax) [3]

许继电气（000400）公告，2025年第一季度营业收入23.48亿元，同比下降16.42%。净利润2.08亿元， 同比下降12.47%。 ...

Financial Performance - The company's operating revenue for Q1 2025 was ¥2,348,151,832.86, a decrease of 16.42% compared to ¥2,809,529,576.01 in the same period last year[3] - Net profit attributable to shareholders was ¥207,580,192.56, down 12.47% from ¥237,156,160.87 year-on-year[3] - Basic earnings per share were ¥0.2054, reflecting a decline of 12.67% from ¥0.2352 in the same period last year[3] - Net profit for the current period was CNY 236,322,518.20, a decline of 10.3% from CNY 263,546,497.94 in the previous period[19] - Earnings per share (basic) decreased to 0.2054 from 0.2352, reflecting a decline of 20.5%[19] Cash Flow - The net cash flow from operating activities decreased by 37.44%, amounting to ¥162,863,495.54 compared to ¥260,311,577.56 in the previous year[3] - Cash flow from operating activities generated a net amount of CNY 162,863,495.54, down 37.4% from CNY 260,311,577.56 in the previous period[20] - The company reported a cash inflow from operating activities totaling CNY 3,685,661,683.35, compared to CNY 3,456,505,276.04 in the previous period, indicating a growth of 6.6%[20] - Cash outflow for investment activities was $55.18 million, compared to $26.75 million in the prior period, resulting in a net cash flow from investment activities of -$55.11 million[21] - Cash outflow for financing activities amounted to $87.12 million, a substantial rise from $1.25 million in the previous period, leading to a net cash flow from financing activities of -$87.12 million[21] - The net increase in cash and cash equivalents was $20.92 million, down from $232.33 million in the previous period[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥24,854,163,596.44, a decrease of 1.62% from ¥25,264,618,662.84 at the end of the previous year[3] - Accounts receivable decreased to ¥7,777,451,139.38 from ¥8,794,490,484.78, reflecting a decline of approximately 11.5%[14] - Total liabilities decreased to CNY 12,219,694,829.62 from CNY 12,882,777,516.93, a reduction of 5.1%[16] - Total equity increased to CNY 12,634,468,766.82 from CNY 12,381,841,145.91, an increase of 2.0%[16] Expenses - Sales expenses rose by 68.73% to ¥111,928,585.46, primarily due to the establishment of a secondary marketing system[7] - Research and development expenses rose to CNY 98,460,302.48, up 16.5% from CNY 84,250,282.22 in the previous period[18] - Total operating costs decreased to CNY 2,114,398,659.15, down 17.4% from CNY 2,561,629,169.45 in the previous period[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 80,733[10] - The largest shareholder, China Electric Equipment Group Co., Ltd., holds 37.91% of shares, totaling 386,286,454 shares[10] Other Information - The company reported a significant increase in contract liabilities, rising to ¥2,167,376,108.92 from ¥1,713,252,096.39, which is an increase of about 26.5%[15] - The company has no reported changes in the participation of major shareholders in margin trading or securities lending activities[12] - The company’s first quarter report was not audited[22] - The new accounting standards will be implemented starting in 2025[22] - The company’s board of directors issued a statement on April 9, 2025[23]

Financial Performance - The company's operating revenue for 2024 was CNY 17,089,133,346.79, representing a slight increase of 0.17% compared to CNY 17,060,896,563.04 in 2023[18]. - The net profit attributable to shareholders for 2024 reached CNY 1,116,925,147.02, marking an 11.09% increase from CNY 1,005,384,610.79 in 2023[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 1,061,890,917.40, which is a 22.19% increase compared to CNY 869,065,456.59 in 2023[18]. - The net cash flow from operating activities decreased by 52.74% to CNY 1,298,911,206.62 from CNY 2,748,163,854.51 in 2023[18]. - The total assets of the company increased by 15.35% to CNY 25,264,618,662.84 at the end of 2024, up from CNY 21,903,098,446.17 at the end of 2023[18]. - The net assets attributable to shareholders rose by 5.51% to CNY 11,295,271,308.57 at the end of 2024, compared to CNY 10,705,001,954.92 at the end of 2023[18]. - The basic earnings per share for 2024 was CNY 1.1018, reflecting a 10.50% increase from CNY 0.9971 in 2023[18]. - The diluted earnings per share for 2024 was also CNY 1.1018, which is a 10.62% increase from CNY 0.9960 in 2023[18]. - The company distributed a total cash dividend of CNY 426,908,335.46, which accounts for 38.22% of the net profit attributable to shareholders[6]. - The company plans to distribute a cash dividend of CNY 1.50 per 10 shares, based on a total of 1,018,874,309 shares[5]. Revenue and Sales - The company's total revenue for Q4 2024 reached ¥7,503,082,104.45, with a total annual revenue of ¥17,089,133,346.79, reflecting a significant year-on-year growth[22]. - The net profit attributable to shareholders for Q4 2024 was ¥222,231,878.27, with an annual net profit of ¥1,116,895,147.02, indicating a stable performance despite fluctuations in quarterly results[22]. - The net cash flow from operating activities for Q4 2024 was ¥503,079,796.10, contributing to an annual total of ¥1,298,911,206.62, showcasing strong cash generation capabilities[22]. - The revenue from smart electric meters increased by 11.00% to ¥3,866,387,488.87, contributing 22.62% to total revenue[62]. - The revenue from the direct current transmission system surged by 101.57% to ¥1,443,665,683.71, representing 8.45% of total revenue[62]. - The sales of smart electric meters increased by 11.85% to ¥2,912,807,933.61, representing 21.51% of total sales in 2024[66]. Market Expansion and Strategy - The company is focusing on expanding its core businesses in ultra-high voltage, smart grids, and renewable energy, with plans to enhance its product offerings in energy storage and smart operation[35]. - The government has introduced policies to promote green transformation in the energy sector, which is expected to drive demand for the company's products and services[30]. - The company aims to increase its investment in high-quality power grid construction, with a projected investment exceeding ¥650 billion in 2025[33]. - The company has developed advanced smart distribution systems utilizing cloud computing and IoT technologies to enhance operational efficiency and service quality[38]. - The company is positioned as a leader in the power equipment industry, providing comprehensive technical support for clean energy production, transmission, and distribution[35]. - The company secured significant orders in the domestic market, including projects for the State Grid and Southern Grid, with notable growth in smart electric meter procurement[58]. - Internationally, the company won bids for products in markets such as Saudi Arabia and Brazil, focusing on local cooperation and market development[58]. Research and Development - Research and development investment totaled 880 million yuan, up 10.84% year-on-year, accounting for 5.15% of operating revenue[57]. - The company has developed the world's first 40.5 kV/4000 A gas-insulated switchgear and achieved the first application of a 6.5 kV/4000 A IGCT flexible direct current converter[58]. - The company is advancing several R&D projects, including the development of a new generation of modular DC chargers, which are expected to enhance its competitive edge in the market[75]. - The company has completed the development of a 360kW group control DC charging device, which is expected to enhance its market presence in the public charging station sector[77]. - The R&D investment for 2024 reached approximately ¥879.86 million, representing a 10.84% increase from ¥793.82 million in 2023[79]. - The number of R&D personnel increased by 8.66% to 2,723 in 2024, with the proportion of R&D staff rising to 46.86%[79]. Environmental and Social Responsibility - The company invested 2.8172 million yuan in environmental protection in the year, focusing on green and low-carbon development[191]. - The company achieved a reduction in emissions of ammonia nitrogen, sulfur dioxide, and particulate matter, complying with environmental standards[191]. - The company has established a comprehensive environmental management system and has been certified under GB/T24001-2016 and GB/T23331-2020[195]. - The company has received recognition as a green manufacturer and has several national-level green factories[191]. - The company has implemented measures to reduce carbon emissions, including the installation of distributed photovoltaic systems on factory rooftops[196]. Governance and Management - The company has undergone significant management changes, with multiple resignations and new appointments in 2024[130]. - The company aims to strengthen its leadership team with experienced professionals from various sectors[131][132][134]. - The management transition is expected to enhance strategic decision-making and operational efficiency[131][132]. - The company emphasizes customer service and aims to enhance customer experience through a comprehensive service management system[106]. - The company has committed to strictly adhere to relevant laws and regulations to avoid conflicts of interest and protect the rights of minority shareholders during the integration process[124]. - The company has a clear ownership structure with independent production and sales systems, ensuring operational autonomy from the controlling shareholder[122]. Employee and Talent Development - The total number of employees at the end of the reporting period was 5,811, with 2,878 in the parent company and 2,933 in major subsidiaries[161]. - The company has a total of 3,033 technical personnel, representing approximately 52% of the workforce[161]. - The company emphasizes training programs focused on performance improvement and capability enhancement, with a monthly monitoring mechanism for training implementation[164]. - The company has implemented a diversified income distribution system, including performance-based salaries and annual salary systems[163]. - The company has established a dual-channel career development system for employees, consisting of 24 levels across 4 horizontal positions and 8 vertical tiers[178]. Shareholder Relations - The company has ensured that minority shareholders have had sufficient opportunities to express their opinions and that their legal rights are fully protected[166]. - The company has increased cash dividends and improved the dividend payout ratio, completing the implementation of cash dividends for the first half and third quarter of 2024[116]. - The company has a cash dividend policy that complies with its articles of association and shareholder resolutions, ensuring transparency and clarity in the decision-making process[166]. - The annual shareholders' meeting had a participation rate of 60.81% on May 29, 2024, while the first and second extraordinary shareholders' meetings had participation rates of 48.89% and 56.25% respectively[125]. Internal Control and Compliance - The internal control system has been effective since the company's establishment, covering all operational aspects including financial reporting and investment management[180]. - The internal control evaluation report indicates that 100% of the evaluated units' total assets and operating income are included in the consolidated financial statements[182]. - The internal control audit report issued a standard unqualified opinion, confirming effective internal control over financial reporting as of December 31, 2024[184]. - The company has revised internal control systems and governance structures to enhance compliance and operational efficiency[115].