证券代码：002543 证券简称：万和电气 公告编号：2025-047 广东万和新电气股份有限公司 董事会六届三次会议决议公告 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。 一、会议召开情况 广东万和新电气股份有限公司（以下简称"公司"或"万和电气"）董事会 六届三次会议于 2025 年 9 月 26 日上午在公司会议室以现场表决与通讯表决相 结合的方式召开，会议于 2025 年 9 月 16 日以书面及电子邮件方式向全体董事 进行了通知。本次会议应出席董事 9 人，实际出席董事 9 人，由董事长 YU CONG LOUIE LU 先生主持，公司全体高级管理人员列席了会议。本次会议的召集、召 开程序符合《中华人民共和国公司法》等相关法律、行政法规、部门规章以及《公 司章程》《董事会议事规则》等规范性文件的规定，会议决议合法有效。 二、会议审议情况 经与会董事认真审议，以现场表决与通讯表决相结合的方式表决了本次会议 的全部议案，通过了如下决议： 1、会议以赞成8票、反对0票、弃权0票审议通过了《关于<广东万和新电气 股份有限公司2025年员工持股计划（草案）> ...

（文章来源：证券日报） 证券日报网讯万和电气9月25日在互动平台回答投资者提问时表示，截至本回复发布时，公司未直接持 有摩尔线程智能科技（北京）股份有限公司（以下简称"摩尔线程"）的股份。经向公司投资参股的前海 股权投资基金（有限合伙）（以下简称"前海母基金"）咨询获悉，截至本回复发布时，前海母基金持有 摩尔线程股权为186.559万股，最终受益股权比例为0.4664%。请广大投资者仔细甄别风险，理性决策， 谨慎投资。 ...

编辑 王进雨 新京报贝壳财经讯 9月25日，万和电气在互动平台表示，截至本回复发布时止，公司未直接持有摩尔线 程的股份。经向公司投资参股的前海股权投资基金（有限合伙）（以下简称"前海母基金"）咨询获悉， 截至本回复发布时止，前海母基金持有摩尔线程股权为186.559万股，最终受益股权比例为0.4664%。 ...

人民财讯9月25日电，万和电气(002543)9月25日在互动平台表示，公司未直接持有摩尔线程智能科技(北 京)股份有限公司(简称"摩尔线程")的股份。经向公司投资参股的前海股权投资基金(有限合伙)(简称"前 海母基金")咨询获悉，前海母基金持有摩尔线程186.559万股，最终受益股权比例为0.4664%。 ...

Market Overview - On September 22, the kitchen and bathroom appliance sector rose by 0.49% compared to the previous trading day, with Wanhe Electric leading the gains [1] - The Shanghai Composite Index closed at 3828.58, up 0.22%, while the Shenzhen Component Index closed at 13157.97, up 0.67% [1] Stock Performance - Wanhe Electric (002543) closed at 12.62, with a gain of 6.23% and a trading volume of 168,900 shares, amounting to a transaction value of 212 million yuan [1] - Yitian Intelligent (300911) closed at 60.70, up 4.62%, with a trading volume of 89,500 shares and a transaction value of 537 million yuan [1] - Zhejiang Meida (002677) closed at 7.73, up 1.71%, with a trading volume of 286,400 shares and a transaction value of 220 million yuan [1] - Mars (300894) closed at 13.05, down 0.84%, with a trading volume of 37,300 shares and a transaction value of 48.73 million yuan [1] - Other notable stocks include Aopu Technology (603551) down 0.89%, and Boss Electric (002508) down 2.39% [1] Capital Flow - The kitchen and bathroom appliance sector saw a net inflow of 38.46 million yuan from institutional investors, while retail investors experienced a net outflow of 22.78 million yuan [1] - Detailed capital flow for key stocks shows that Yitian Intelligent had a net inflow of 44.80 million yuan from institutional investors, while Boss Electric had a net inflow of 15.15 million yuan [2] - Conversely, stocks like Mars and Daybreak Oriental experienced significant net outflows from both institutional and retail investors [2]

Core Viewpoint - The domestic GPU company Moore Threads is set to hold its IPO meeting on the Science and Technology Innovation Board on September 26, leading to a significant surge in related concept stocks [1] Group 1: Company Impact - Moore Threads' upcoming IPO has resulted in a strong market reaction, with related stocks experiencing substantial gains [1] - Companies such as Heheta, Donghua Software, and Lianmei Holdings saw their stocks hit the daily limit up [1] - Initial Ling Information's stock rose over 12%, indicating strong investor interest in the sector [1] Group 2: Market Reaction - Other companies like Zhongke Lanyun and Shengyuan Environmental Protection also opened significantly higher, reflecting a broader positive sentiment in the market [1] - Stocks of Wanhe Electric, Haoshanghao, and Maijie Technology followed suit with notable increases, showcasing a ripple effect across the industry [1]

Group 1 - The company appointed Mr. Lu Chupeng as a non-independent director on September 18 [1] - The board of directors and senior management of the company consists of 9 members, excluding independent directors and supervisors [1] - Mr. Lu Chupeng has held various positions within the company since 2006, including chairman of the supervisory board and vice president [1] Group 2 - The company, founded in August 1993, specializes in the research, production, and sales of gas water heaters, gas stoves, and gas wall-hung boilers [3] - The company has expanded into the new energy water heating system sector and has become a leading enterprise in the domestic gas appliance industry [3] - According to the financial report for the first half of 2025, the company achieved a revenue of 4.083 billion yuan, a year-on-year increase of 7.14%, and a net profit attributable to shareholders of 379 million yuan, up 6.68% year-on-year [3]

Core Insights - The company is adopting a cautious yet proactive approach towards rapid expansion through mergers and acquisitions, while closely monitoring industry dynamics and market opportunities [3] - The company plans to enhance production efficiency at its factories in Thailand and Egypt in 2025, and is advancing the second phase of construction and capital expansion at its Thailand facility [3] - The net cash flow from operating activities decreased by 11.72% year-on-year in the first half of 2025, primarily due to increased cash outflows from seasonal raw material procurement [3] - The net profit attributable to shareholders increased by 6.68% year-on-year in the first half of 2025, driven by business expansion and cost control [3] - The company is focusing on digital transformation to improve operational efficiency, control costs, and respond quickly to market changes [3] - Future product innovations will target green energy, smart home solutions, and kitchen and bathroom health, with specific launch dates to be announced later [3] - The company is enhancing its market expansion strategy both domestically and internationally, particularly along the "Belt and Road" initiative, and is strengthening partnerships with Southeast Asian distributors [3] Investor Relations Activity - The investor relations activity was held online on September 19, 2025, from 15:30 to 17:00, via the "Panorama Roadshow" website [2] - The event featured the company's chairman and vice president, who engaged with a wide range of investors [2]

Group 1: Company Expansion and Market Strategy - The company is considering mergers and acquisitions for rapid expansion while maintaining a cautious and proactive approach [2] - Future global market plans include establishing an overseas manufacturing layout and enhancing supply chain security [2][3] - The company aims to deepen market penetration in emerging and mature markets, focusing on reducing trade dependency on single regions [2][5] Group 2: Financial Performance and Cash Flow Management - In the first half of 2025, the company's net cash flow from operating activities decreased by 11.72% year-on-year due to increased cash outflows from seasonal raw material procurement [3] - The net profit for the first half of 2025 increased by 6.68% year-on-year, driven by steady business expansion and effective cost control [3][4] Group 3: Digital Transformation and Innovation - The company has invested in digital transformation, resulting in improved operational efficiency and cost control through real-time data sharing and AI applications [4] - Future investments in digitalization will follow a "strategic orientation, demand-based investment" principle to ensure resource alignment with transformation needs [4] Group 4: Product Development and Market Adaptation - The company plans to innovate in green energy, smart home, and kitchen health product areas, with new products to be announced in future releases [4] - Strategies to adapt to increasing global competition include enhancing digital transformation, strengthening technological innovation, and optimizing global layout [5]

Market Overview - On September 19, the kitchen and bathroom appliance sector declined by 0.11% compared to the previous trading day, with Zhejiang Meida leading the decline [1] - The Shanghai Composite Index closed at 3820.09, down 0.3%, while the Shenzhen Component Index closed at 13070.86, down 0.04% [1] Stock Performance - Key stocks in the kitchen and bathroom appliance sector showed mixed performance, with Boss Electric rising by 0.87% to a closing price of 19.69, while Zhejiang Meida fell by 3.55% to 7.60 [1] - The trading volume and turnover for Boss Electric were 95,400 shares and 186 million yuan, respectively [1] Capital Flow - The kitchen and bathroom appliance sector experienced a net outflow of 41.39 million yuan from institutional investors, while retail investors saw a net inflow of 45.43 million yuan [1] - Detailed capital flow data indicates that stocks like Boss Electric and Vatti experienced varying levels of net inflow and outflow from different investor categories [2]