Core Viewpoint - The company, Huabao New Energy, has reported significant growth in revenue and profit for the first quarter of 2025, driven by its global M2C direct sales strategy and cost control measures [21][22]. Company Overview - Huabao New Energy focuses on the research, production, branding, sales, and service of lithium battery storage and photovoltaic products, aiming to become a trusted global green energy brand [5][6]. - The company's core products include portable storage, home storage, and photovoltaic products, which are widely recognized by users [5][6]. Business Model - The company employs a M2C (Manufacturer to Consumer) business model, integrating research and development, production, branding, sales, and service to enhance market responsiveness and reduce costs [11]. - The company has established a comprehensive sales channel that includes independent websites, third-party e-commerce platforms, and offline retail partnerships with major retailers [15][21]. Financial Performance - In Q1 2025, the company achieved a revenue of 714 million yuan, representing a year-on-year increase of 22.60%, and a net profit of 85.07 million yuan, up 193.36% year-on-year [21]. - The company has implemented cost control strategies, resulting in a decrease in sales and management expense ratios by 2.86 and 0.80 percentage points, respectively [22]. Innovation and R&D - The company has invested heavily in R&D, holding a total of 1,720 patents, including 928 domestic and international patents [22]. - The launch of the new generation of outdoor power supply, the 3000Pro2 flagship series, showcases the company's commitment to innovation and setting industry standards [22]. Market Expansion - The company has established 23 independent websites and expanded its business to over 50 countries, with a 42.10% year-on-year increase in revenue from its brand website [21]. - The offline retail channel has seen a 30.49% year-on-year revenue growth, with products available in over 10,000 retail locations [21].

Core Viewpoint - The company has achieved significant growth in revenue and net profit for 2024, driven by its global M2C direct sales brand strategy and cost control measures, with revenue reaching 3.606 billion yuan, a year-on-year increase of 55.82%, and net profit of 240 million yuan, a year-on-year increase of 237.89% [1][2]. Group 1: Financial Performance - The company's gross profit margin for the reporting period was 44.05%, an increase of 5.07 percentage points year-on-year [1]. - The company reported a net profit attributable to shareholders of 239.54 million yuan for 2024, with a total distributable profit of 480.40 million yuan [8][9]. Group 2: Global Market Expansion - The North American market saw a revenue increase of 60.75%, while the Asian market (excluding China) experienced a 100.24% revenue growth [2]. - The company has established a comprehensive multi-channel system, including independent websites, third-party e-commerce platforms, and offline retail, operating 23 independent websites in over 50 countries [2]. Group 3: Cost Control and Efficiency - The company implemented a cost reduction strategy, resulting in a decrease in sales expense ratio by 7.02 percentage points and management expense ratio by 4.48 percentage points [3]. - Research and development expenses for 2024 amounted to 173 million yuan, a year-on-year increase of 14.31%, with a total of 1,629 patents held [3][4]. Group 4: Product Innovation - The company has defined a new category of solar generators, achieving nearly 140% revenue growth in this category, which now accounts for over 50% of total revenue [4]. - Innovative products include the Jackery Solar Generator 5000 Plus and various solar technology advancements, enhancing product performance and application scenarios [4]. Group 5: Shareholder Returns - The company plans to distribute cash dividends of 11.50 yuan per 10 shares, totaling approximately 142.55 million yuan, and to increase capital by 4 shares for every 10 shares held, resulting in an increase of approximately 49.58 million shares [6][9]. Group 6: Fund Management - The company raised 5.83 billion yuan through its IPO, with net proceeds of approximately 5.59 billion yuan after deducting fees [18]. - As of the end of 2024, the company had 16 dedicated fundraising accounts, with a significant portion of funds allocated for cash management and project investments [19][20].

Group 1 - The core index of the CSI 1000 Public Utilities Index closed at 3151.51 points, with mixed performance among the three major A-share indices [1] - The CSI 1000 Public Utilities Index has decreased by 0.62% over the past month, increased by 3.49% over the past three months, and has declined by 3.66% year-to-date [2] - The index is composed of liquid and representative securities from various industries, providing diverse investment options for investors [2] Group 2 - The top ten weighted stocks in the CSI 1000 Public Utilities Index include Jilin Electric Power (6.89%), Jinkai New Energy (5.33%), and Linyang Energy (5.24%) [2] - The index's holdings are primarily from the Shanghai Stock Exchange (55.26%) and the Shenzhen Stock Exchange (44.74%) [2] - The industry composition of the index shows that electricity and grid account for 72.26%, gas for 15.98%, water services for 10.17%, and heating and others for 1.59% [2] Group 3 - The index samples are adjusted semi-annually, with adjustments implemented on the next trading day following the second Friday of June and December [3] - In special circumstances, the index may undergo temporary adjustments, such as when a sample stock is delisted or undergoes mergers, acquisitions, or splits [3] - Changes in the industry classification of sample stocks will also lead to corresponding adjustments in the CSI 1000 industry index [3]

金融界2025年3月29日消息，国家知识产权局信息显示，深圳市华宝新能源股份有限公司申请一项名 为"电源电路"的专利，公开号CN 119696352 A，申请日期为2024年12月。 专利摘要显示，本申请公开了一种电源电路，包括供电电源模块、至少一个启动电源模块和控制电路， 供电电源模块包括供电电源和输入电容，供电电源被配置成在输入电容两端的压降大于电源电路的最低 工作电压的情况下启动；启动电源模块包括启动电源和启动变压器，启动电源与启动变压器的原边连接 启动变压器的副边与输入电容连接，启动变压器用于升压启动电源模块的输出电压并给输入电容充电； 控制电路被配置为在输入电容两端的压降小于电源电路的最低工作电压时，开启启动电源模块，在输入 电容两端的压降大于等于电源电路的最低工作电压时，关闭启动电源模块。本申请提供的电源电路，采 用较小的输出电压的启动电源即可使电源电路能够运行，保障电源电路的可靠性。 天眼查资料显示，深圳市华宝新能源股份有限公司，成立于2011年，位于深圳市，是一家以从事电气机 械和器材制造业为主的企业。企业注册资本12480万人民币，实缴资本4000万人民币。通过天眼查大数 据分析，深圳市华宝 ...

同时，证监会也对公司前董事长宁远喜下发了立案告知书。 人民财讯3月14日电，宝新能源(000690)3月14日晚间公告，公司实控人叶华能近日收到证监会下发的立 案告知书，因涉嫌信息披露等违法违规，证监会决定对叶华能立案。 ...

证券代码：000690 证券简称：宝新能源 公告编号：2025-005 广东宝丽华新能源股份有限公司 关于变更 2024 年度审计签字注册会计师的公告 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。 立信会计师事务所作为公司 2024 年度财务报表及内部控制审计机构，原指 派刘晶女士（项目合伙人）、黄玉华先生为签字注册会计师为公司提供审计服务。 鉴于原第二签字注册会计师黄玉华先生工作调整，立信会计师事务所现改派柯海 洋先生接替黄玉华先生作为公司 2024 年度审计项目第二签字注册会计师，继续 为公司提供审计服务。本次变更后，公司 2024 年度财务报表及内部控制审计的 签字注册会计师为刘晶女士（项目合伙人）、柯海洋先生。 二、本次变更的签字注册会计师信息 1、基本信息 签字注册会计师：柯海洋 2019 年 7 月成为注册会计师；2014 年 12 月开始从事上市公司审计工作，先 后为多家上市公司提供服务，2021 年 1 月至 2022 年 3 月在立信会计师事务所执 1 业，2024 年 12 月重回立信会计师事务所执业，具备专业胜任能力；2025 年 3 ...

证券代码：000690 证券简称：宝新能源 公告编号：2025-006 根据《上市公司信息披露管理办法》第五十九条第一项的规定，我局决定对 你公司采取出具警示函的行政监管措施。你公司应深刻吸取教训，切实加强对证 券法律法规的学习，依法真实、准确、完整、及时、公平地履行信息披露义务。 广东宝丽华新能源股份有限公司 关于收到广东证监局警示函的公告 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。 广东宝丽华新能源股份有限公司（以下简称"公司"）于近日收到中国证券 监督管理委员会广东监管局（以下简称"广东证监局"）《关于对广东宝丽华新 能源股份有限公司采取出具警示函措施的决定》（[2025]26 号）（以下简称"《警 示函》"）。现将相关情况公告如下： 一、《警示函》的主要内容 "广东宝丽华新能源股份有限公司: 经查，你公司存在以下违规行为: 2021 年 2 月，你公司将合计约 2,550 万元资金转给你公司控股股东广东宝丽 华集团有限公司(以下简称宝丽华集团)及其关联方使用。截至 2024 年 2 月，宝 丽华集团已向你公司归还上述款项。 你公司上述关联方非经营性 ...

证券代码：000690 证券简称：宝新能源 公告编号：2025-007 广东宝丽华新能源股份有限公司 关于实际控制人收到中国证券监督管理委员会 立案告知书的公告 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。 广东宝丽华新能源股份有限公司（以下简称"公司"）实际控制人叶华能先 生于近日收到中国证券监督管理委员会（以下简称"中国证监会"）下发的《立 案告知书》（编号：证监立案字 0062025001 号）。因涉嫌信息披露等违法违规， 根据《中华人民共和国证券法》《中华人民共和国行政处罚法》等法律法规，中 国证监会决定对叶华能先生立案。据悉，中国证监会同时对公司前董事长宁远喜 先生下发了《立案告知书》。 立案调查期间，叶华能先生将积极配合中国证监会的各项工作，并持续关注 上述事项的进展情况，严格按照规定及监管要求履行信息披露义务。公司生产经 营情况一切正常，上述事项不会影响公司正常的生产经营活动。 公司选定的信息披露媒体为《中国证券报》《证券时报》《上海证券报》《证 券日报》《经济参考报》及巨潮资讯网(www.cninfo.com.cn)，公司所有信息均以 在上述 ...

证券代码：000690 证券简称：宝新能源 公告编号：2025-004 广东宝丽华新能源股份有限公司 关于全资子公司完成工商变更登记的公告 除上述变更外，宝丽华电力、陆丰电力《营业执照》的其余工商登记事项不变。 二、备查文件 宝丽华电力、陆丰电力《营业执照》。 特此公告。 广东宝丽华新能源股份有限公司 董 事 会 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。 一、情况概述 因业务发展需要，广东宝丽华新能源股份有限公司全资子公司广东宝丽华电力 有限公司（以下简称"宝丽华电力"）、陆丰宝丽华新能源电力有限公司（以下简 称"陆丰电力"）需要变更经营范围，并于近日分别取得梅州市梅县区市场监督管 理局、陆丰市市场监督管理局核发的《营业执照》，相关变更信息如下： | 项目 | 变更前 | 变更后 | | --- | --- | --- | | 宝丽华 电力 | 洁净煤燃烧技术发电和可再生能 源发电，新能源电力生产销售、开 发，新能源电力生产技术咨询、服 务；制造、销售：煤灰渣砖；销售 | 许可项目：发电业务、输电业务、供（配）电业务； 文件或许可证件为准） | | | ...

Core Insights - The conference held by Meixian District Committee and Government recognized Baoneng New Energy and its subsidiaries for their contributions to tax revenue and ecological development in 2024 [1][2] - Baoneng New Energy aims for high-quality development by optimizing internal management and enhancing economic and social benefits [1] Group 1: Company Achievements - Baoneng New Energy's subsidiary, Guangdong Baoli Hua Electric Power Co., Ltd., was awarded "Top 10 Taxpayers" and "Outstanding Contribution to Ecological Construction" in Meixian District for 2024 [1] - The Meizhou Commercial Bank and Guangdong Baoneng Electric Power Sales Co., Ltd. also received recognition as "Top 10 Taxpayers" in Meixian District for 2024 [1] Group 2: Financial Performance - In 2024, Meixian Heshuyuan Power Plant generated a total of 75.18 billion kWh, with grid-connected electricity reaching 70.6 billion kWh, contributing 390 million yuan in tax revenue [1] - Baoneng Electric Power Sales contributed 49 million yuan in tax revenue for the year [1] - Meizhou Commercial Bank achieved its best operating performance since inception, with total assets reaching 41.8 billion yuan and over 7.6 million customers, contributing 124 million yuan in taxes [1] Group 3: Strategic Focus - The company plans to align with the high-quality development theme and provincial directives, focusing on energy sector strength and financial services to support regional development [2] - Baoneng New Energy is committed to self-innovation and enhancing its core business to contribute to the revitalization of Meizhou and common prosperity [2]