北京市中伦（广州）律师事务所 关于广东万和新电气股份有限公司 2025 年第三次临时股东会的 法律意见书 北京市中伦（广州）律师事务所 关于广东万和新电气股份有限公司 2025 年第三次临时股东会的 法律意见书 二〇二五年十月 致：广东万和新电气股份有限公司 根据广东万和新电气股份有限公司（"万和电气"或"公司"）的委托，北京市 中伦（广州）律师事务所（"本所"）就公司 2025 年第三次临时股东会（"本次股 东会"）所涉及的召集、召开程序、召集人资格和出席会议人员的资格、本次股 东会的提案、表决程序及表决结果等相关问题发表法律意见。 本法律意见书系根据《中华人民共和国公司法》（"《公司法》"）、《中华人 民共和国证券法》《上市公司股东会规则》（"《股东会规则》"）、《律师事务所从 事证券法律业务管理办法》（"《证券法律业务管理办法》"）及《广东万和新电 气股份有限公司章程》（"《公司章程》"）的有关规定出具。 为出具本法律意见书之目的，本所经办律师（"本所律师"）列席了本次股东 会，并依照现行有效的中国法律、法规以及中国证券监督管理委员会（"中国证 监会"）相关规章、规范性文件的要求和规定，对万和电气提供的 ...

证券代码：002543 证券简称：万和电气 公告编号：2025-049 广东万和新电气股份有限公司 2025 年第三次临时股东会决议公告 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。 特别提示： 1、本次股东会未出现否决议案的情形； 2、本次股东会没有涉及变更以往股东会已通过的决议的情形。 一、会议召开情况 1、本次股东会召开的时间： （1）现场会议召开时间：2025 年 10 月 17 日（星期五）下午 14:00 （2）网络投票时间：2025 年 10 月 17 日；其中： ①通过深圳证券交易所交易系统进行网络投票的时间为：2025 年 10 月 17 日上午 09:15 至 09:25、09:30 至 11:30，下午 13:00-15:00； ②通过互联网投票系统投票的时间为：2025 年 10 月 17 日 09:15-15:00。 2、本次股东会召开的地点：广东省佛山市顺德高新区（容桂）建业中路 13 号公司一楼（1）会议室 3、本次股东会表决方式：现场表决与网络投票相结合的方式 4、本次股东会召集人：公司第六届董事会 5、本次股东会现场会议主持 ...

Market Overview - The kitchen and bathroom appliance sector experienced a decline of 1.89% on October 17, with Yitian Smart leading the drop [1] - The Shanghai Composite Index closed at 3839.76, down 1.95%, while the Shenzhen Component Index closed at 12688.94, down 3.04% [1] Stock Performance - Aopu Technology (603551) closed at 11.89, up 1.02% with a trading volume of 30,600 lots and a transaction value of 36.43 million [1] - Zhejiang Meida (002677) closed at 7.17, down 0.42% with a trading volume of 82,100 lots and a transaction value of 59.10 million [1] - Shuaifeng Electric (605336) closed at 15.17, down 0.72% with a trading volume of 15,700 lots and a transaction value of 23.89 million [1] - Boss Electric (002508) closed at 18.68, down 1.11% with a trading volume of 73,400 lots and a transaction value of 138 million [1] - Other notable declines include Wanjia Electric (002543) down 2.87% and Mars Man (300894) down 2.93% [1] Capital Flow - The kitchen and bathroom appliance sector saw a net outflow of 30.93 million from main funds, while retail funds had a net inflow of 15.08 million and individual investors had a net inflow of 15.84 million [1] - Yitian Smart (300911) had a main fund net inflow of 21.68 million, but a significant retail net outflow of 34.27 million, indicating a divergence in investor sentiment [2] - Other companies like Zhejiang Meida (002677) and Shuaifeng Electric (605336) also experienced mixed capital flows, with retail investors showing some interest despite overall sector declines [2]

Core Viewpoint - Wanhe Electric's stock has experienced fluctuations, with a year-to-date increase of 19.63% but a recent decline of 3.24% over the past five trading days [1] Company Overview - Wanhe Electric, established on December 29, 2003, and listed on January 28, 2011, is located in Shunde, Guangdong Province. The company specializes in the research, production, and sales of kitchen and bathroom appliances [1] - The main revenue composition includes kitchen appliances (50.15%), water heating products (43.90%), and other categories (3.60%) [1] Financial Performance - For the first half of 2025, Wanhe Electric achieved a revenue of 4.083 billion yuan, representing a year-on-year growth of 7.14%. The net profit attributable to shareholders was 379 million yuan, reflecting a growth of 6.68% [2] - Since its A-share listing, the company has distributed a total of 3.205 billion yuan in dividends, with 932 million yuan distributed over the past three years [3] Shareholder Information - As of June 30, 2025, the number of shareholders decreased by 15.80% to 15,700, while the average circulating shares per person increased by 18.76% to 42,103 shares [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, holding 30.889 million shares, an increase of 181,300 shares from the previous period [3]

Core Insights - The kitchen and bathroom appliance sector experienced a decline of 0.33% on October 16, with Wanhe Electric leading the drop [1] - The Shanghai Composite Index closed at 3916.23, up 0.1%, while the Shenzhen Component Index closed at 13086.41, down 0.25% [1] Sector Performance - Yitian Intelligent (300911) saw a closing price of 52.50, with an increase of 2.32% and a trading volume of 42,000 shares, amounting to 223 million yuan [1] - XD Aopu (603551) closed at 11.77, up 1.90%, with a trading volume of 25,100 shares, totaling 29.23 million yuan [1] - Other notable performances include: - Rishidongfang (603366) at 9.43, down 0.11% [1] - Boss Electric (002508) at 68.8, down 0.21% [1] - Vatti (002035) at 6.33, down 0.63% [1] - Zhejiang Meida (002677) at 7.20, down 0.83% [1] - Shuaifeng Electric (605336) at 15.28, down 1.36% [1] - Huoxingren (300894) at 12.27, down 1.45% [1] - Wanhe Electric (002543) at 12.19, down 2.17% [1] Capital Flow - The kitchen and bathroom appliance sector saw a net outflow of 12.12 million yuan from institutional investors, while retail investors contributed a net inflow of 1.61 million yuan [1] - Detailed capital flow for selected companies includes: - Yitian Intelligent: net inflow of 15.13 million yuan from institutional investors [2] - XD Aopu: net outflow of 0.35 million yuan from institutional investors [2] - Boss Electric: net outflow of 0.41 million yuan from institutional investors [2] - Wanhe Electric: net outflow of 6.07 million yuan from institutional investors [2] - Zhejiang Meida: net outflow of 9.35 million yuan from institutional investors [2]

Core Insights - Wanhe Electric's stock price decreased by 0.16% on October 15, with a trading volume of 70.99 million yuan [1] - The company reported a financing net purchase of 1.24 million yuan on the same day, indicating strong investor interest despite the slight decline in stock price [1] Financing and Margin Trading - On October 15, Wanhe Electric had a financing buy amount of 7.93 million yuan and a financing repayment of 6.69 million yuan, resulting in a net financing purchase of 1.24 million yuan [1] - The total financing and margin trading balance reached 76.90 million yuan, with the financing balance accounting for 0.82% of the circulating market value, which is above the 90th percentile of the past year [1] - In terms of margin trading, the company repaid 3,000 shares and sold 7,100 shares on October 15, with a margin balance of 651,700 yuan, also above the 90th percentile of the past year [1] Company Performance - As of June 30, Wanhe Electric had 15,700 shareholders, a decrease of 15.80% from the previous period, while the average circulating shares per person increased by 18.76% to 42,103 shares [2] - For the first half of 2025, the company achieved a revenue of 4.08 billion yuan, representing a year-on-year growth of 7.14%, and a net profit attributable to shareholders of 379 million yuan, up 6.68% year-on-year [2] Dividend Distribution - Since its A-share listing, Wanhe Electric has distributed a total of 3.205 billion yuan in dividends, with 932 million yuan distributed over the past three years [3] - Among the top ten circulating shareholders as of June 30, 2025, Hong Kong Central Clearing Limited held 30.89 million shares, an increase of 181,300 shares from the previous period [3]

Core Insights - The kitchen and bathroom appliance sector experienced a slight decline of 0.07% on October 15, with Yitian Intelligent leading the drop [1] - The Shanghai Composite Index closed at 3912.21, up 1.22%, while the Shenzhen Component Index closed at 13118.75, up 1.73% [1] Sector Performance - The kitchen and bathroom appliance sector saw mixed performance among individual stocks, with notable gainers including: - Sunrise Oriental (603366) at 9.44, up 1.29% with a trading volume of 96,500 shares and a turnover of 90.14 million yuan - Aopu Technology (603551) at 11.85, up 1.28% with a trading volume of 21,800 shares and a turnover of 25.70 million yuan - Mars Man (300894) at 12.45, up 1.22% with a trading volume of 31,900 shares and a turnover of 39.56 million yuan - Conversely, Yitian Intelligent (300911) closed at 51.31, down 2.79% with a trading volume of 42,700 shares and a turnover of 220 million yuan [1] Capital Flow - The kitchen and bathroom appliance sector saw a net inflow of 13.24 million yuan from institutional investors, while retail investors experienced a net outflow of 20.44 million yuan [1] - Detailed capital flow for selected stocks includes: - Sunrise Oriental (603366) with a net inflow of 7.13 million yuan from institutional investors and a net outflow of 2.13 million yuan from retail investors [2] - Yitian Intelligent (300911) with a net inflow of 6.61 million yuan from institutional investors and a net outflow of 1.72 million yuan from retail investors [2] - Aopu Technology (603551) with a net inflow of 2.10 million yuan from institutional investors and a net outflow of 0.14 million yuan from retail investors [2]

Core Insights - The kitchen and bathroom appliance sector saw a rise of 0.55% on October 14, with Wanhe Electric leading the gains [1] - The Shanghai Composite Index closed at 3865.23, down 0.62%, while the Shenzhen Component Index closed at 12895.11, down 2.54% [1] Sector Performance - Wanhe Electric (002543) closed at 12.48, up 3.23% with a trading volume of 88,600 shares and a turnover of 109 million yuan [1] - Shuaifeng Electric (605336) closed at 15.32, up 2.13% with a trading volume of 40,700 shares and a turnover of 62.44 million yuan [1] - Zhejiang Meida (002677) closed at 7.39, up 2.07% with a trading volume of 151,600 shares and a turnover of 112 million yuan [1] - Other notable performances include Vatti (002035) up 1.11%, Boss Electric (002508) up 0.69%, and Aopu Technology (603551) up 0.43% [1] Capital Flow Analysis - The kitchen and bathroom appliance sector experienced a net outflow of 9.43 million yuan from institutional investors and 24.35 million yuan from retail investors, while individual investors saw a net inflow of 33.78 million yuan [1] - Specific stock capital flows indicate that Yitian Intelligent (300911) had a net inflow of 21.91 million yuan from institutional investors, while Wanhe Electric had a net inflow of 5.78 million yuan [2] - Boss Electric (002508) faced the largest net outflow from institutional investors at 28.59 million yuan, while retail investors contributed a net inflow of 32.01 million yuan [2]

Market Overview - The kitchen and bathroom appliance sector experienced a slight decline of 0.05% on October 13, with Wanhe Electric leading the drop [1] - The Shanghai Composite Index closed at 3889.5, down 0.19%, while the Shenzhen Component Index closed at 13231.47, down 0.93% [1] Stock Performance - Yichu Xiangneng (300911) saw the highest increase, closing at 54.20 with a rise of 8.57% and a trading volume of 82,700 shares [1] - Other notable performances include: - Shuaifeng Electric (605336) at 15.00, up 0.07% - Weisheng Co. (002035) at 6.28, down 0.95% - Zhejiang Meida (002677) at 7.24, down 1.09% - Aopu Technology (603551) at 11.65, down 1.27% - Boss Electric (002508) at 18.75, down 1.42% - Huoxingren (300894) at 12.42, down 1.74% - Rishidongfang (603366) at 9.29, down 1.80% - Wanhe Electric (002543) at 4.12, down 2.03% [1] Capital Flow - The kitchen and bathroom appliance sector saw a net outflow of 15.60 million yuan from institutional investors, while retail investors contributed a net inflow of 0.91 million yuan [1] - Detailed capital flow for selected stocks includes: - Zhejiang Meida (002677): Institutional net inflow of 2.48 million yuan, retail net outflow of 2.60 million yuan [2] - Yichu Xiangneng (300911): Institutional net inflow of 1.91 million yuan, retail net outflow of 2.49 million yuan [2] - Aopu Technology (603551): Institutional net inflow of 1.44 million yuan, retail net outflow of 3.92 million yuan [2] - Wanhe Electric (002543): Institutional net inflow of 0.43 million yuan, retail net outflow of 5.33 million yuan [2] - Boss Electric (002508): Institutional net outflow of 0.58 million yuan, retail net outflow of 6.65 million yuan [2] - Shuaifeng Electric (605336): Institutional net outflow of 1.07 million yuan, retail net inflow of 1.55 million yuan [2] - Huoxingren (300894): Institutional net outflow of 1.42 million yuan, retail net inflow of 1.88 million yuan [2] - Rishidongfang (603366): Institutional net outflow of 18.57 million yuan, retail net inflow of 17.63 million yuan [2]

北京市中伦（广州）律师事务所 关于广东万和新电气股份有限公司 2025 年员工持股计划的 法律意见书 二〇二五年十月 | | | 北京市中伦（广州）律师事务所 关于广东万和新电气股份有限公司 2025 年员工持股计划的 法律意见书 致：广东万和新电气股份有限公司 北京市中伦（广州）律师事务所（以下简称"本所"）接受广东万和新电气股 份有限公司（以下简称"万和电气"、"公司"）委托，担任公司 2025 年员工持股 计划（以下简称"本员工持股计划"）相关事宜的专项法律顾问，本所律师根据《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》"）、中国证券监督管理委员会（以下简称"中国证监会"）《关 于上市公司实施员工持股计划试点的指导意见》（以下简称"《指导意见》"）、深 圳证券交易所（以下简称"深交所"）《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》（以下简称"《自律监管指引第 1 号》"）等有 关中国法律、行政法规、部门规章、规范性文件和深交所的相关业务规则（以下 统称"适用法律"）以及《广东万和新电气股份有限公司章程》（以下简称"《公 ...