Core Insights - Small-cap stocks exhibit higher volatility and activity compared to large-cap stocks, making them potential market leaders [1] Market Overview - As of September 12, there are 976 stocks with a circulating market value below 3 billion yuan, and 397 stocks with a circulating market value below 2 billion yuan [1] - A total of 1,656 stocks have a total market value below 5 billion yuan, with 577 stocks below 3 billion yuan [1] Smallest Market Capitalization Stocks - The three stocks with the smallest circulating market values are: - Zitian Tui: 440 million yuan - *ST Yuancheng: 577 million yuan - Bofei Electric: 611 million yuan [1] - The three stocks with the smallest total market values are: - Zitian Tui: 444 million yuan - *ST Yuancheng: 577 million yuan - *ST Suwu: 711 million yuan [1] Selected Stocks with Low Market Value - A list of stocks with circulating market values below 2 billion yuan includes: - Zitian Tui: 440 million yuan, PE ratio: 39.34, Industry: Media - *ST Yuancheng: 577 million yuan, PE ratio: N/A, Industry: Construction Decoration - Bofei Electric: 611 million yuan, PE ratio: 155.90, Industry: Basic Chemicals - Other notable stocks include: - Kuntai Co.: 632 million yuan, PE ratio: 51.97, Industry: Automotive - Hongming Co.: 691 million yuan, PE ratio: N/A, Industry: Machinery Equipment [1][2]

Group 1 - Small-cap stocks exhibit higher volatility and activity compared to large-cap stocks, making them more likely to become market leaders [1] - As of September 11, there are 974 stocks with a circulating market value below 3 billion yuan, and 401 stocks with a circulating market value below 2 billion yuan [1] - A total of 1,654 stocks have a total market value below 5 billion yuan, with 569 stocks having a total market value below 3 billion yuan [1] Group 2 - The three stocks with the smallest circulating market values are *ST Zitian at 440 million yuan, *ST Yuancheng at 603 million yuan, and Bofei Electric at 611 million yuan [1] - The three stocks with the smallest total market values are *ST Zitian at 444 million yuan, *ST Yuancheng at 603 million yuan, and *ST Suwu at 690 million yuan [1] - A detailed list of stocks with circulating market values below 2 billion yuan includes various sectors such as media, construction decoration, and basic chemicals [1][2]

Core Viewpoint - Small-cap stocks exhibit higher volatility and activity compared to large-cap stocks, making them more likely to become market leaders [1] Market Overview - As of September 10, there are 995 stocks with a circulating market value below 3 billion yuan, and 403 stocks with a circulating market value below 2 billion yuan [1] - A total of 1,681 stocks have a total market value below 5 billion yuan, with 586 stocks below 3 billion yuan [1] Smallest Market Capitalization Stocks - The three stocks with the smallest circulating market values are *ST Zitian at 440 million yuan, *ST Yuancheng at 603 million yuan, and Bofei Electric at 611 million yuan [1] - The three stocks with the smallest total market values are *ST Zitian at 444 million yuan, *ST Yuancheng at 603 million yuan, and *ST Suwu at 704 million yuan [1] Selected Stocks with Low Market Capitalization - A list of stocks with circulating market values below 2 billion yuan includes: - *ST Zitian: Circulating market value 440 million yuan, total market value 444 million yuan, P/E ratio 39.34 [1] - *ST Yuancheng: Circulating market value 603 million yuan, total market value 603 million yuan, P/E ratio not available [1] - Bofei Electric: Circulating market value 611 million yuan, total market value 2.676 billion yuan, P/E ratio 155.81 [1] - Other notable stocks include: - Kuntai Co., Ltd.: Circulating market value 631 million yuan, total market value 2.286 billion yuan, P/E ratio 51.92 [1] - Hongming Co., Ltd.: Circulating market value 673 million yuan, total market value 2.046 billion yuan, P/E ratio not available [1] - Yangzhou Jinqiao: Circulating market value 691 million yuan, total market value 2.759 billion yuan, P/E ratio 21.02 [1] Additional Stocks with Low Market Capitalization - Further stocks include: - *ST Suwu: Circulating market value 704 million yuan, total market value 704 million yuan, P/E ratio not available [1] - Boen Group: Circulating market value 715 million yuan, total market value 2.063 billion yuan, P/E ratio not available [1] - Kangliyuan: Circulating market value 737 million yuan, total market value 2.885 billion yuan, P/E ratio 49.26 [1] - Southeast Electronics: Circulating market value 752 million yuan, total market value 2.520 billion yuan, P/E ratio 58.37 [1] Summary of Additional Stocks - Other stocks with notable metrics include: - *ST Gaohong: Circulating market value 770 million yuan, total market value 787 million yuan, P/E ratio not available [1] - Tiandi Medical: Circulating market value 817 million yuan, total market value 2.624 billion yuan, P/E ratio 138.37 [1] - Meino Energy: Circulating market value 855 million yuan, total market value 3.171 billion yuan, P/E ratio 30.77 [1]

Core Viewpoint - Zhejiang Bofei Electric Co., Ltd. has revised its plan for a simplified procedure to issue shares to specific investors for the year 2025, which was approved in the board meeting held on September 9, 2025. The revision does not require further approval from the shareholders' meeting as it is authorized by previous shareholder meetings [1][3][20]. Group 1: Issuance Plan Details - The company plans to raise funds amounting to 143 million yuan (approximately 14.3 million) through this issuance, with a total share capital of 81,284,000 shares before the issuance [5][7]. - The number of shares to be issued is 5,166,184, and the final number will depend on the approval from the China Securities Regulatory Commission (CSRC) [5][20]. Group 2: Financial Impact and Assumptions - The company has analyzed the impact of the issuance on its financial indicators, assuming no significant adverse changes in the macroeconomic environment or market conditions [5][8]. - The projected net profit for 2024 is 13.24 million yuan (approximately 1.32 million), with scenarios considering a 10% increase, no change, or a 10% decrease for 2025 [5][7]. Group 3: Risk Mitigation Measures - To address the risk of immediate return dilution, the company has outlined specific measures to ensure effective use of the raised funds and enhance operational performance [12][13]. - The company has committed to strict management of the raised funds, ensuring compliance with relevant regulations and protecting investors' rights [13][14]. Group 4: Project Relevance and Market Position - The fundraising projects are closely aligned with the company's core business of developing, producing, and selling electrical insulation materials, which are essential for various industries including wind power, rail transportation, and new energy vehicles [8][9]. - The company has established a strong market presence and maintains long-term relationships with several well-known clients, positioning itself favorably in the growing insulation materials market [11]. Group 5: Commitments from Stakeholders - The controlling shareholders and management have made commitments to ensure the fulfillment of the measures to compensate for any dilution of immediate returns, adhering to the latest regulatory requirements [16][17].

Group 1 - The core point of the article is that Bofei Electric (SZ 001255) announced the convening of its 19th board meeting on September 9, 2025, to review the 2024 annual audit report and other documents [1] - For the first half of 2025, Bofei Electric's revenue composition is as follows: wind power accounts for 44.43%, other sectors account for 40.94%, and rail transportation accounts for 14.63% [1] - As of the time of reporting, Bofei Electric has a market capitalization of 2.7 billion yuan [1]

二〇二五年九月 证券代码：001255 证券简称：博菲电气 浙江博菲电气股份有限公司 2025 年度以简易程序向特定对象发行股票 方案论证分析报告 （二次修订稿） 浙江博菲电气股份有限公司（以下简称"博菲电气"或"公司"）为满足公 司经营战略的实施和业务发展的资金需求，提升公司营收规模和盈利能力，增强 公司综合竞争实力，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"《注册管理办法》"）等相关规定，公司编制了本次以简易程序 向特定对象发行股票（以下简称"本次发行"）方案论证分析报告。 本报告中如无特别说明，相关用语具有与《浙江博菲电气股份有限公司 2025 年度以简易程序向特定对象发行股票预案（二次修订稿）》中的释义相同的含义。 1 一、本次发行的背景和目的 （一）本次发行股票的背景 公司的主营业务为电气绝缘材料等高分子复合材料的研发、生产与销售。公 司本次股票发行募集资金投资项目拟投资 26,310.24 万元用于建设年产 7 万吨电 机绝缘材料项目，系公司响应产业发展政策、深化产业布局的重要举措，本次发 ...

证券代码：001255 证券简称：博菲电气 浙江博菲电气股份有限公司 2025 年度以简易程序向特定对象发行股票 预案 （二次修订稿） 二〇二五年九月 公司声明 1、公司及董事会全体成员保证本预案内容真实、准确、完整，并确认不存 在虚假记载、误导性陈述或重大遗漏。 3、本预案是公司董事会对本次以简易程序向特定对象发行股票的说明，任 何与之相反的声明均属不实陈述。 4、本次以简易程序向特定对象发行股票完成后，公司经营与收益的变化由 公司自行负责；因本次以简易程序向特定对象发行股票引致的投资风险，由投资 者自行负责。 5、投资者如有任何疑问，应咨询自己的股票经纪人、律师、专业会计师或 其他专业顾问。 6、本预案所述事项并不代表审批机关对于本次以简易程序向特定对象发行 股票相关事项的实质性判断、确认、批准或核准。本预案所述本次以简易程序向 特定对象发行股票相关事项的生效和完成尚需深圳证券交易所审核通过并经中 国证券监督管理委员会同意注册后方可实施。 1 特别提示 本部分所述词语或简称与本预案"释义"所述词语或简称具有相同的含义。 1、公司本次以简易程序向特定对象发行股票相关事项已经获得公司股东大 会授权，经公司第三 ...

证券代码：001255 证券简称：博菲电气 公告编号：2025-073 预案（二次修订稿）披露的提示性公告 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。 浙江博菲电气股份有限公司（以下简称"公司"）于 2025 年 9 月 9 日召开 第三届董事会第十九次会议和第三届监事会第十五次会议，审议通过了公司以简 易程序向特定对象发行股票预案（二次修订稿）的相关议案，对本次以简易程序 向特定对象发行股票的预案内容进行了修订。《浙江博菲电气股份有限公司 2025 年度以简易程序向特定对象发行股票预案（二次修订稿）》（以下简称"预案（二 次修订稿）"）及相关文件已于 2025 年 9 月 10 日在中国证监会指定的信息披露 网站巨潮资讯网（www.cninfo.com.cn）披露，敬请投资者注意查阅。 预案（二次修订稿）披露事项不代表审批机关对于本次以简易程序向特定对 象发行股票相关事项的实质性判断、确认或批准，预案（二次修订稿）所述本次 以简易程序向特定对象发行股票相关事项的生效和完成尚待有关审批机关的批 准或注册。敬请广大投资者注意投资风险。 特此公告。 浙江博菲电 ...

中喜会计师事务所（特殊普通合伙） 地址：北京市东城区崇文门外大街11号新成文化大厦A座11层 邮编：100062 电话：010-67085873 传真：010-67084147 邮箱：zhongxi@zhongxicpa.net 关于浙江博菲电气股份有限公司 非经常性损益鉴证报告 最近三年一期 中喜专审 2025Z00705 号 目录 | 内 | 容 | 页 | 次 | | --- | --- | --- | --- | | 一、关于浙江博菲电气股份有限公司非经常性损益专项核查 | 1-2 | | | | 报告 | | | | | 二、2024 | 年度非经常性损益明细表 | 3 | | | 三、会计师事务所营业执照及资质证书 | | | | 中 喜 会 计 师 事 务 所 （特 殊 普 通 合 伙 ） ZHONGXI CPAs（SPECIAL GENERAL PARTNERSHIP） 浙江博菲电气股份有限公司 最近三年一期非经常性损益鉴证报告 中喜专审2025Z00705号 浙江博菲电气股份有限公司全体股东： 我们接受委托，对后附的浙江博菲电气股份有限公司（以下简称"博菲电气"） 管理层编制的最近三年一期非 ...

中喜会计师事务所（特殊普通合伙） 地址：北京市东城区崇文门外大街11号新成文化大厦A座11层 邮编：100062 电话：010-67085873 传真：010-67084147 邮箱：zhongxi@zhongxicpa.net 浙江博菲电气股份有限公司 内部控制审计报告 中喜特审 2025T00493 号 目录 | 内 | 容 | 页 次 | | --- | --- | --- | | 一、内部控制审计报告 | | 1-2 | | 二、会计师事务所营业执照及资质证书 | | | 中 喜 会 计 师 事 务 所 (特 殊 普 通 合 伙 ) ZHONGXI CPAs（SPECIAL GENERAL PARTNERSHIP） 内 部 控 制 审 计 报 告 中喜特审2025T00493号 浙江博菲电气股份有限公司全体股东： 按照《企业内部控制审计指引》及中国注册会计师执业准则的相关要求，我们 审计了浙江博菲电气股份有限公司（以下简称博菲电气）2024年12月31日的财务报 告内部控制的有效性。 一、企业对内部控制的责任 按照《企业内部控制基本规范》《企业内部控制应用指引》以及《企业内部控制 评价指引》的规定，建 ...