深圳市同洲电子股份有限公司 2025 年年度报告全文 深圳市同洲电子股份有限公司 2025 年年度报告 【2026 年 3 月】 1 深圳市同洲电子股份有限公司 2025 年年度报告全文 2025 年年度报告 第一节 重要提示、目录和释义 公司董事会及董事、高级管理人员保证年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责 任。 公司负责人张纯银、主管会计工作负责人由鑫堂及会计机构负责人（会 计主管人员）孙贺声明：保证本年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资 者的实质承诺，投资者及相关人士均应当对此保持足够的风险认识，并且应 当理解计划、预测与承诺之间的差异。 公司可能存在市场风险、管理人员变动风险、技术风险、汇率风险等， 敬请广大投资者注意投资风险。公司面临的风险与应对措施详见本报告第三 节"管理层讨论与分析"的相关内容。 公司经本次董事会审议通过的利润分配预案为：以 752439694 为基数， 向全体股东每 10 股派发现金红利 0 元（含税），送红股 ...

Group 1 - The major shareholder, Ruizhong Life Insurance Co., Ltd., plans to reduce its holdings in Shenzhen Tongzhou Electronics Co., Ltd. by up to 7,524,396 shares, which represents no more than 1% of the total share capital, within three months starting from January 28, 2026 [1][2] - As of February 26, 2026, the reduction plan has been completed, and the company has received a notification from the shareholder confirming the completion of the share reduction [1][2] - The implementation of the reduction plan complies with relevant laws and regulations, including the Interim Measures for the Administration of Share Reduction by Shareholders of Listed Companies and the self-regulatory guidelines of the Shenzhen Stock Exchange [2]

Group 1 - The major shareholder, Ruizhong Life Insurance Co., Ltd., holds 53,324,700 shares of Shenzhen Tongzhou Electronics Co., Ltd., accounting for 7.09% of the total share capital [1] - The shareholder plans to reduce its holdings by up to 7,524,396 shares, which represents no more than 1% of the total share capital, through centralized bidding from January 28, 2026, to April 27, 2026 [1] - The reduction plan has been completed as of February 26, 2026, and the actual reduction aligns with the previously disclosed intentions [2] Group 2 - The implementation of the reduction plan complies with relevant laws and regulations, including the Interim Measures for the Administration of Shareholders' Reduction of Shares and the self-regulatory guidelines of the Shenzhen Stock Exchange [1] - The company has fulfilled its information disclosure obligations in a timely manner regarding the reduction plan [2] - The designated information disclosure media for the company includes the Giant Tide Information Network and several major financial newspapers [2]

Group 1 - The core point of the article is that Ruizhong Life Insurance Co., Ltd., a shareholder holding more than 5% of the shares, has reduced its stake in Tongzhou Electronics by selling 7.5243 million shares, which accounts for 1.00% of the company's total share capital [1] - The average selling price during the reduction was 11.74 yuan per share, and the reduction period was from January 29, 2026, to February 26, 2026 [1] - After the reduction, Ruizhong Life Insurance Co., Ltd. holds 45.8004 million shares, representing 6.09% of the company's total share capital [1]

股票代码：002052 股票简称：同洲电子 公告编号：2026-004 深圳市同洲电子股份有限公司 | 2026 | 年 | 2 | 月 | 26 | | --- | --- | --- | --- | --- | | 日 | | | | | 2、股东本次减持前后持股情况 | 股东 | 股份性质 | 本次减持前持有股份 | 占总股本比 | 本次减持后持有股份 | | | --- | --- | --- | --- | --- | --- | | 名称 | | 股数（万股） | | 股数（万股） | 占总股本比 | | | | | 例（%） | | 例（%） | | 瑞众人寿 | 合计持有股份 | 5332.47 | 7.09 | 4580.04 | 6.09 | | 保险有限 | | | | | | | 责任公司 | 其中： | | | | | | | 无限售条件股 | 5332.47 | 7.09 | 4580.04 | 6.09 | | （瑞众人 | | | | | | | | 份 | | | | | | 寿保险有 | | | | | | | 限责任公 | 有限售条件股 | 0.00 | 0.00 | 0 ...

Core Viewpoint - The company, Tongzhou Electronics, is experiencing significant growth in its revenue and profit, particularly in the high-power power supply and lithium battery sectors, while also benefiting from the depreciation of the RMB. Group 1: Company Performance - In the first nine months of 2025, the company achieved a revenue of 657 million yuan, representing a year-on-year increase of 176.75% [7] - The net profit attributable to the parent company for the same period was 232 million yuan, showing a remarkable year-on-year growth of 1724.48% [8] - The company's main business revenue composition includes high-power power supply business (90.23%), trade business (4.47%), and battery business (3.73%) [7] Group 2: Market Position and Trends - The company is primarily focused on the high-power power supply sector, with its products mainly used in computing servers [2] - The company has a significant presence in the energy sector, offering products such as lithium batteries, energy storage systems, and battery swapping services for electric vehicles [2] - As of the 2024 annual report, overseas revenue accounted for 79.72% of total revenue, benefiting from the depreciation of the RMB [3] Group 3: Stock and Trading Information - On February 13, the stock price of Tongzhou Electronics fell by 1.03%, with a trading volume of 90.63 million yuan and a turnover rate of 1.13%, leading to a total market capitalization of 8.676 billion yuan [1] - The average trading cost of the stock is 12.91 yuan, with the current price near a support level of 11.22 yuan [6] - The stock has seen a net outflow of 6.8469 million yuan from major investors today, indicating a trend of reduced holdings over the past three days [5]

Group 1 - The core point of the news is that Tongzhou Electronics (002052) clarified on February 10, 2026, that it is not currently developing an 8KW gallium nitride liquid-cooled power supply, which may affect investor expectations regarding the company's capabilities in power technology [1] Group 2 - In the recent stock performance, Tongzhou Electronics experienced a volatile trend over the past week, with a stock price increase of 1.02% on February 10, closing at 11.90 yuan and a trading volume of 2.32 billion yuan, followed by a decrease of 1.27% on February 12, closing at 11.65 yuan with a trading volume of 1.51 billion yuan [2] - As of February 13, the stock price slightly declined by 0.69% to 11.57 yuan, with a total market capitalization of 87.06 billion yuan, influenced by market interest in computing power and lithium battery concepts, as well as the company's high overseas revenue proportion and the impact of RMB depreciation [2] Group 3 - According to Guojin Securities' home appliance industry weekly report released on February 7, 2026, the home appliance sector showed a mixed performance, with Tongzhou Electronics ranking high on the weekly decline list, indicating a shift in the industry from scale-driven to value-driven [3]

Core Viewpoint - The company, Tongzhou Electronics, is experiencing significant growth in its revenue and profit, primarily driven by its focus on high-power power supply products and lithium-ion battery business, while also benefiting from the depreciation of the RMB [2][3][8]. Group 1: Company Overview - Tongzhou Electronics is located in Shenzhen, Guangdong Province, and was established on February 3, 1994. It was listed on June 27, 2006 [7]. - The company's main business includes the research, development, manufacturing, and sales of broadcasting intelligent devices and lithium-ion batteries. The revenue composition is as follows: high-power power supply business 90.23%, trade business 4.47%, battery business 3.73%, and others 1.03% [7]. - As of January 20, the number of shareholders is 54,700, an increase of 2.49% from the previous period, with an average of 12,604 circulating shares per person, a decrease of 2.43% [7]. Group 2: Financial Performance - For the period from January to September 2025, the company achieved a revenue of 657 million yuan, representing a year-on-year growth of 176.75%. The net profit attributable to the parent company was 232 million yuan, with a year-on-year increase of 1724.48% [8]. - The company's overseas revenue accounted for 79.72%, benefiting from the depreciation of the RMB [3]. Group 3: Business Segments - The company's main business is divided into two segments: the energy sector, which includes high-power power supply products, lithium batteries, and electric vehicle battery swap services, and the new energy lithium-ion battery business, which focuses on technology research, production, and sales [2][3]. - The company has made investments in the Internet of Things (IoT) sector, providing solutions for smart parks and communities [2].

Core Viewpoint - The company, Tongzhou Electronics, is experiencing significant growth in its revenue and profit, driven by its focus on high-power power supply products and lithium-ion battery business, alongside benefiting from the depreciation of the RMB [2][3][8]. Group 1: Company Overview - Tongzhou Electronics is located in Shenzhen, Guangdong Province, and was established on February 3, 1994. It was listed on June 27, 2006. The company specializes in the research, development, manufacturing, and sales of broadcasting intelligent devices and lithium-ion batteries [7]. - The main revenue composition of the company includes high-power power supply business (90.23%), trade business (4.47%), battery business (3.73%), and other segments [7]. Group 2: Financial Performance - For the period from January to September 2025, the company achieved a revenue of 657 million yuan, representing a year-on-year growth of 176.75%. The net profit attributable to the parent company was 232 million yuan, with a year-on-year increase of 1724.48% [8]. - In 2022, the company reported a revenue of 255 million yuan, which was an increase of 82.99% compared to the previous year, with a significant contribution from the new energy battery business [2]. Group 3: Market Activity - On February 10, the stock price of Tongzhou Electronics increased by 1.02%, with a trading volume of 232 million yuan and a turnover rate of 2.82%. The total market capitalization reached 8.954 billion yuan [1]. - The company has seen a net inflow of 16.98 million yuan from major investors today, indicating a positive trend in investor interest [4]. Group 4: Business Segments - The company is focusing on two main business segments: the energy sector, which includes high-power power supply products and various types of lithium batteries, and the new energy lithium-ion battery business, which involves technology research, production, and sales [2][3]. - The company is also investing in the Internet of Things (IoT) sector, providing solutions for smart parks and communities [2]. Group 5: Shareholder Information - As of January 20, the number of shareholders of Tongzhou Electronics was 54,700, an increase of 2.49% from the previous period. The average circulating shares per person decreased by 2.43% [7]. - The company has not distributed dividends in the past three years, with a total payout of 42.84 million yuan since its A-share listing [9].

Market Overview - The black home appliance sector increased by 0.12% on February 4, with Hisense Visual leading the gains [1] - The Shanghai Composite Index closed at 4102.2, up by 0.85%, while the Shenzhen Component Index closed at 14156.27, up by 0.21% [1] Stock Performance - Hisense Visual (600060) closed at 24.10, with a rise of 2.42% and a trading volume of 132,900 shares, amounting to a transaction value of 315 million [1] - Other notable stocks include: - XGIMI Technology (688696) at 92.75, up by 1.55% [1] - Sichuan Jiuzhou (000801) at 15.84, up by 0.44% [1] - Skyworth Digital (000810) at 11.69, up by 0.09% [1] - Zhaochi Co. (002429) at 9.64, down by 0.62% [1] Capital Flow - The black home appliance sector experienced a net outflow of 234 million from institutional investors, while retail investors saw a net inflow of 196 million [1] - The detailed capital flow for key stocks includes: - Hisense Visual with a net inflow of 4.14 million from institutional investors [2] - XGIMI Technology with a net inflow of 3.77 million from institutional investors [2] - Sichuan Changhong (600839) faced a significant net outflow of 1.19 billion from institutional investors [2]