证券代码:002270 证券简称:华明装备 公告编号：〔2023〕037 号 华明电力装备股份有限公司 关于会计政策变更的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没 有虚假记载、误导性陈述或重大遗漏。 华明电力装备股份有限公司（下称"公司"）于 2023 年 8 月 10 日召开的第 六届董事会第八次会议、第六届监事会第五次会议审议通过了《关于会计政策变 更的议案》。本次会计政策变更不需要提交股东大会审议。现将有关情况公告如 下： 一、本次会计政策变更情况概述 为了更加客观、公允地反映公司的财务状况以及经营成果，为投资者提供更 可靠、更准确的会计信息，根据《企业会计准则》并结合公司目前的实际情况， 公司执行财政部于 2022 年 11 月 30 日发布的《企业会计准则解释第 16 号》的会 计政策变更。 具体情况如下： 1、变更日期：自 2023 年 1 月 1 日起执行上述新会计政策。 2、会计政策变更原因说明 2022 年 11 月 30 日，财政部发布了《关于印发<企业会计准则解释第 16 号> 的通知》（财会〔2022〕31 号），规定了关于单项交易产生的资产和负债相关的递 延 ...

股票代码：002270 股票简称：华明装备 | --- | --- | --- | |--------------|-----------------------|-------------| | | ■特定对象调研 | □分析师会议 | | | □媒体采访 □业绩说明会 | | | 投资者关系活 | | | | | □新闻发布会 □路演活动 | | | 动类别 | | | | | □现场参观 | | ■其他 嘉实基金：吴悠、陈黎明。 泰康基金：金宏伟、王琦、张欣星、张永兴、徐占杰、庄珺涵、 刘宁、杨冬冬、林崇平、姜朔、李帛洋；东吴证券：曾朵红、 参与单位名称 滕飞、司鑫尧。 及人员姓名 中信保诚：孙浩中、金建投资：张宇滨、中信建投：郑博元、 太平养老：张浩、勤辰资产：赵乃凡、太保资产：恽敏、中信 建投：雷云泽。 2023 年 7 月 10 日 10:00-11:30（线上） 时间 2023 年 7 月 10 日 13:10-14:40（现场） 2023 年 7 月 10 日 15:10-16:50（现场） 地点 公司 上市公司接待 人员姓名 董事长：肖毅、董事会秘书：夏海晶、财务总监：雷纯立 1、公司客户中 ...

股票代码：002270 股票简称：华明装备 | --- | --- | --- | |--------------|-----------------------|-------------| | | ■特定对象调研 | □分析师会议 | | | □媒体采访 □业绩说明会 | | | 投资者关系活 | | | | | □新闻发布会 □路演活动 | | | 动类别 | | | | | ■现场参观 | | □其他 参与单位名称 及人员姓名 易方达：胡致远 时间 2023 年 6 月 20 日 15:00-16:30 地点 公司 上市公司接待 人员姓名 董事会秘书：夏海晶 1、公司分接开关主要是用于 35kV-500kV 之间的变压器上 吗？ 公司的产品主要集中在 35kV-220kV 之间，500kV 以上本身 市场需求较少，目前公司占比也不高，我们相信未来公司在特 投资者关系活 高压市场的突破和成功会给公司 500kV 以上产品市场的突破带 动主要内容介 来巨大的意义和品牌效应。 绍 q 2、公司产品的价格情况？ 在同一电压等级内不同型号的真空式、油浸式的分接开 关，以及有载和无载产品的价格差别也会很大，因此单 ...

股票代码：002270 股票简称：华明装备 | --- | --- | --- | |--------------|-----------------------|-------------| | | ■特定对象调研 | □分析师会议 | | | □媒体采访 □业绩说明会 | | | 投资者关系活 | | | | | □新闻发布会 □路演活动 | | | 动类别 | | | | | ■现场参观 | | | | □其他 电话调研 | | 参与单位名称 及人员姓名 瑞银证券：利林海 时间 2023 年 6 月 7 日 15:00-16:30 地点 公司 上市公司接待 人员姓名 董事会秘书：夏海晶 1、分接开关的应用领域？ 公司主要产品是应用在 35kV 及以上的变压器。分接开关 属于比较细分的市场，目前分接开关的最终下游主要分电网内 和电网外两块：网内主要就是电网公司；网外比较分散，涵盖 投资者关系活 了从电源侧到用户侧以及大量的特种变压器。网内和网外，在 动主要内容介 2021 年以前，电网内和电网外的客户占比大约在 1:1 的水平， 绍 2021 年至今，随着工业用户和新能源客户的增长，网外客户占 比一直较高 ...

股票代码：002270 股票简称：华明装备 | --- | --- | --- | |--------------|-----------------------|-------------| | | ■特定对象调研 | □分析师会议 | | | □媒体采访 □业绩说明会 | | | 投资者关系活 | | | | | □新闻发布会 □路演活动 | | | 动类别 | | | | | ■现场参观 | | | | □其他 电话调研 | | 浦银安盛基金：王笑；东方证券：万里明；富安达基金：张心 怡；上海泰旸资产：郭一鸣；易木基金：孙会东；睿沣资产： 参与单位名称 丁颖；友邦人寿：顾文天；财通证券：沈晨、张一池。 及人员姓名 华福证券：邓伟、郑洋；诺安基金：刘晓飞；中海基金：姚晨 曦。 时间 2023 年 6 月 5 日 15:00-16:15（现场） 2023 年 6 月 6 日 14:30-16:30（现场） 地点 公司 上市公司接待 人员姓名 董事会秘书：夏海晶 1、电网升级改造带来的影响？ 从过去一两年的情况来看电网外的占比高于电网内，同时 投资者关系活 增速的角度也是网外要更快一些，从目前新能源装机规模的 ...

Cost Reduction and Production Optimization - The company focuses on reducing production costs through advancements in technology, such as 3D printing, which can lower the cost of complex parts processing [2] - Future strategies include using composite materials and optimizing production processes to improve material utilization and reduce labor costs [2][3] Market Share and Product Development - Vacuum switches currently hold a market share of approximately 30%, with this proportion increasing due to their superior safety and lifespan compared to traditional oil-immersed switches [3] - The value of vacuum switches is about 2-4 times higher than that of oil-immersed switches, reflecting their increased manufacturing difficulty and cost [3] - The company is prioritizing the development of vacuum switches, which offer advantages in safety, stability, and maintenance costs [3] Market Trends and Industry Shifts - Internationally, competitors are phasing out oil-immersed switches in favor of vacuum switches, driven by higher long-term maintenance costs of oil-immersed switches [3] - Domestically, oil-immersed switches remain prevalent due to cost advantages and limited awareness of long-term maintenance benefits, but a shift towards vacuum switches is anticipated as the industry evolves [3] Grid Transformation and Product Adaptation - The company is exploring ways to adapt its switches for use in distribution networks, focusing on reducing size and cost to make them more viable for these applications [4] - Development of power electronic-based switches is underway to meet the specific needs of distribution networks [4] Product Promotion and Market Cycles - The promotion of vacuum switches is progressing, with initial adoption by grid system clients and industrial power transformers, followed by increasing demand from the renewable energy sector [4] - The market cycle for industrial projects typically involves a 1-2 year operational period before widespread adoption, with industry hotspots shifting every 4-5 years [4] Overseas Market and Investment Strategy - Overseas demand for vacuum switches is recovering post-pandemic, with growth observed in markets like Russia and Ukraine [5] - The company is investing in overseas renewable energy projects, particularly in Southeast Asia, where higher returns on investment are anticipated [5] Future Plans and Industry Positioning - The company is cautious about extending its industrial chain, focusing on projects that offer profitability and synergies with existing operations [6] - In the high-voltage sector, the company is contributing to national projects, with the first set of high-voltage AC and DC switches already operational, though full domestic substitution remains a future goal [6] - The company is revitalizing its CNC business through new product development, aiming to establish a dual focus on switches and CNC operations [6]

股票代码：002270 股票简称：华明装备 | --- | --- | --- | |--------------|-----------------------|-------------| | | ■特定对象调研 | □分析师会议 | | | □媒体采访 □业绩说明会 | | | 投资者关系活 | | | | | □新闻发布会 □路演活动 | | | 动类别 | | | | | ■现场参观 | | □其他 电话调研 参与单位名称 易方达：万宇翔 及人员姓名 东吴证券：司鑫尧 时间 2023 年 5 月 16 日 10:00-11:15 地点 公司 上市公司接待 人员姓名 董事会秘书 夏海晶 1、今年一季度业绩增长的主要原因？ 主要的原因还是由于分接开关业务的需求和收入的增长。 2、公司产品有没有季节性的差异？ 投资者关系活 分接开关业务没有明显季节性差异，一般而言，一季度的 动主要内容介 订单和发货最少，从二季度开始各个季度相对差异不大。 绍 3、数控业务今年有没有明显的起色？ 数控业务今年的重点布局是在的新产品的开发上，公司希 望将数控业务的产能和硬件制造优势发挥出来，也会希望今年 华明电力装备股份有限 ...

Financial Position - As of March 31, 2023, total assets amounted to CNY 4,441,813,069.33, a slight decrease from CNY 4,450,143,073.58 at the beginning of the year[11][13] - Current assets totaled CNY 2,854,466,023.79, down from CNY 2,887,529,673.50 at the start of the year, reflecting a decrease of approximately 1.14%[11][13] - The company's cash and cash equivalents were CNY 917,783,554.78, down from CNY 1,012,095,902.62, representing a decline of about 9.3%[11][13] - Total liabilities decreased to CNY 987,341,846.14 from CNY 1,111,480,085.28, a reduction of approximately 11.1%[13] - The company's equity attributable to shareholders increased to CNY 3,447,282,944.71 from CNY 3,333,942,681.91, reflecting a growth of about 3.4%[13] - Long-term borrowings stood at CNY 250,355,958.32, slightly down from CNY 260,483,819.39, indicating a decrease of approximately 4.3%[13] - The total liabilities to equity ratio improved to approximately 28.6%, down from 33.2%, indicating a stronger financial position[13] Revenue and Profitability - The company's operating revenue for Q1 2023 was ¥412,451,580.55, representing a 28.66% increase compared to ¥320,569,730.61 in the same period last year[19] - Net profit attributable to shareholders was ¥117,967,890.06, up 78.48% from ¥66,096,891.76 year-on-year[19] - The net profit after deducting non-recurring gains and losses was ¥101,834,483.80, a 56.55% increase from ¥65,049,983.51 in the previous year[19] - Basic and diluted earnings per share increased to ¥0.13, up 44.44% from ¥0.09 in the previous year[19] - The total comprehensive income for the period reached RMB 115,808,234.89, compared to RMB 62,102,896.61 in the previous period, reflecting a significant increase[35] - Basic and diluted earnings per share both improved to RMB 0.13 from RMB 0.09 in the previous period, indicating a growth of 44.44%[35] Cash Flow - The company reported a significant decline in cash flow from operating activities, with a net outflow of ¥23,147,232.72 compared to a net inflow of ¥83,902,633.06 in the same period last year, marking a decrease of 127.59%[19] - The net cash flow from operating activities was negative at RMB -23,147,232.72, a decline from a positive RMB 83,902,633.06 in the previous period[37] - The net cash flow from investing activities was RMB 52,334,870.39, a decrease from RMB 87,727,947.20 in the previous period[37] - The total cash and cash equivalents at the end of the period were RMB 879,023,113.33, down from RMB 1,108,631,873.44 at the end of the previous period[37] Accounts Receivable and Inventory - Accounts receivable increased to CNY 738,966,015.04 from CNY 525,956,419.42, marking a significant rise of approximately 40.5%[11][13] - Inventory levels rose to CNY 328,816,674.93, compared to CNY 306,046,015.32, indicating an increase of about 7.4%[12][13] - The company reported a significant increase in accounts receivable, which rose by 40.50% to ¥73,896.60 from ¥52,595.64, attributed to increased sales revenue[21] Government Subsidies and Other Income - The company received government subsidies amounting to RMB 19,015,333.63, primarily from supportive funds during the period[38] - Other income surged to ¥1,933.56 million, a substantial increase of ¥1,847.29 million or 2141.29%, primarily from government subsidies received[50] Financial Expenses and Taxation - Financial expenses decreased by ¥208.53 million or 34.57% to ¥394.66 million, mainly due to a reduction in interest-bearing liabilities[50] - Income tax expenses rose by ¥842.90 million or 75.02% to ¥1,966.45 million, driven by an increase in total profit[50] Investment Activities - The company’s long-term equity investments increased by 42.17% to ¥10,114.75 from ¥7,114.75, primarily due to additional investments in a joint venture[21] - Cash paid for fixed assets and other long-term assets rose by ¥1,167.28 million or 156.32% to ¥1,914.00 million, mainly for power station investments[50] Audit Status - The company has not undergone an audit for the first quarter report, indicating that the figures are preliminary[37]