证券代码：002660 证券简称：茂硕电源 公告编号：2025-089 茂硕电源科技股份有限公司 关于解聘公司总经理的公告 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。 董事会 2025 年 12 月 5 日 茂硕电源科技股份有限公司（以下简称"公司"）于2025年12月4日召开第 六届董事会2025年第13次临时会议，审议通过了《关于解聘公司总经理的议案》。 根据公司经营管理工作需要，经董事会提名委员会审议通过，公司董事会决定解 聘袁红波先生的总经理职务。 袁红波先生被解聘后将不在公司及子公司担任任何职务。本次解聘事项不会 影响公司经营管理工作的正常运行。本次解聘程序符合《公司法》等法律法规及 《公司章程》的相关规定。 1 截至本公告披露日，袁红波先生未持有公司股份，亦不存在其他应当履行而 未履行的承诺事项。 特此公告。 茂硕电源科技股份有限公司 ...

证券代码：002660 证券简称：茂硕电源 公告编号：2025-090 茂硕电源科技股份有限公司 关于召开 2025 年第 5 次临时股东会的通知 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、召开会议的基本情况 1、股东会届次：2025 年第 5 次临时股东会 2、股东会的召集人：董事会 3、本次会议的召集、召开符合《中华人民共和国公司法》《深圳证券交易所股票上 市规则》《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》等 法律、行政法规、部门规章、规范性文件及《公司章程》的有关规定。 4、会议时间： （1）现场会议时间：2025 年 12 月 22 日 14:30 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2025 年 12 月 22 日 9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交易所互联网投票系统投 票的具体时间为 2025 年 12 月 22 日 9:15 至 15:00 的任意时间。 5、会议的召开方式：现场表决与网络投票相结合。 6、会议的股权登记日：202 ...

证券代码：002660 证券简称：茂硕电源 公告编号：2025-087 茂硕电源科技股份有限公司 第六届董事会2025年第13次临时会议决议公告 二、董事会会议审议情况 1、审议通过《关于购买董事、高级管理人员责任险的议案》 详情请参阅刊登在巨潮资讯网（www.cninfo.com.cn）的《关于购买董事、 高级管理人员责任险的公告》。 （表决结果：公司董事作为责任险的被保险对象，属于利益相关方，公司董 事会全体成员回避表决） 本议案直接提交股东会审议。 2、审议通过《关于解聘公司总经理的议案》 详情请参阅刊登在巨潮资讯网（www.cninfo.com.cn）的《关于解聘公司总 经理的公告》。 （表决结果：赞成票 7 票，反对票 0 票，弃权票 0 票） 本议案无需提交股东会审议。 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。 一、董事会会议召开情况 茂硕电源科技股份有限公司（以下简称"公司"）第六届董事会2025年第13 次临时会议通知已于2025年12月1日以电子邮件等方式送达全体董事。会议于 2025年12月4日以现场及通讯表决方式召开。本次会议应参加 ...

格隆汇12月5日丨茂硕电源(002660.SZ)公布，公司于2025年12月4日召开第六届董事会2025年第13次临 时会议，审议通过了《关于解聘公司总经理的议案》。根据公司经营管理工作需要，经董事会提名委员 会审议通过，公司董事会决定解聘袁红波先生的总经理职务。袁红波先生被解聘后将不在公司及子公司 担任任何职务。截至本公告披露日，袁红波先生未持有公司股份，亦不存在其他应当履行而未履行的承 诺事项。 ...

Market Overview - The Shanghai Composite Index closed at 3902.81 points, above the annual line, with a gain of 0.70% [1] - The total trading volume of A-shares reached 17389.53 billion yuan [1] Stocks Breaking Annual Line - A total of 181 A-shares have surpassed the annual line today [1] - Notable stocks with significant deviation rates include: - ST Sike Rui (乖离率 8.60%) - Yuan Zuo Shares (乖离率 8.40%) - Mao Shuo Power (乖离率 6.74%) [1] Detailed Stock Performance - Top performers with deviation rates: - ST Sike Rui: Today's increase of 10.08%, turnover rate of 3.69%, annual line at 29.96 yuan, latest price at 32.54 yuan [1] - Yuan Zuo Shares: Today's increase of 9.98%, turnover rate of 6.53%, annual line at 12.91 yuan, latest price at 13.99 yuan [1] - Mao Shuo Power: Today's increase of 9.99%, turnover rate of 6.89%, annual line at 9.70 yuan, latest price at 10.35 yuan [1] Additional Notable Stocks - Other stocks with notable performance include: - Suwen Electric Power: Increase of 10.17%, turnover rate of 5.61%, annual line at 18.06 yuan, latest price at 19.06 yuan [1] - ST Guandian: Increase of 8.48%, turnover rate of 2.91%, annual line at 5.23 yuan, latest price at 5.50 yuan [1] - Huaheng Biological: Increase of 6.93%, turnover rate of 3.57%, annual line at 32.30 yuan, latest price at 33.78 yuan [1]

Core Viewpoint - The photovoltaic sector is experiencing a significant upward trend, with several companies seeing substantial stock price increases, indicating a positive market sentiment towards the industry [1] Group 1: Company Performance - Tuori New Energy has reached its daily limit increase in stock price [1] - Double Star New Materials and Maoshuo Power previously hit their price limits [1] - Zhongneng Electric, International Composites, and Keqiang Co. have all seen stock price increases exceeding 10% [1] - Other companies such as Double Jie Electric, New Wind Light, Xizi Clean Energy, Keda, and Huato Cable are also experiencing stock price increases [1]

Industry Overview - The high-frequency transformer is an essential component in modern power electronics, operating at frequencies significantly higher than standard power transformers, enabling efficient and compact energy conversion [1][14] - The market size of China's high-frequency transformer industry is projected to grow from 50 billion yuan in 2020 to 68.027 billion yuan by 2024, with a compound annual growth rate (CAGR) of 8% [1][15] - By 2025, the market size is expected to reach 80 billion yuan, driven by advancements in material science and digital technology [1] Market Drivers - The demand for high-frequency transformers is being propelled by sectors such as renewable energy, 5G communication, smart grids, and consumer electronics [1][14] - The role of high-frequency transformers is becoming increasingly significant in key areas like renewable energy grid integration, electric vehicles, and data center energy efficiency [1] Industry Policies - The Chinese government has implemented various policies to support the development and innovation of the transformer industry, including energy efficiency diagnostics and technology standard upgrades [8][9] Industry Chain - The upstream of the high-frequency transformer industry includes raw materials and components such as cores, silicon steel sheets, electromagnetic wires, insulation materials, and housings [9] - The midstream involves the manufacturing of high-frequency transformers, while the downstream includes applications in switch power supplies and inverters [9] Competitive Landscape - The industry features a diverse competitive landscape with key players including Maoshuo Power, Jingquan Technology, Igor, and others, focusing on technological innovation and quality control [15][16] - Companies with strong innovation capabilities and comprehensive product lines are gaining advantages in high-end applications such as communication equipment and renewable energy [15] Development Trends - High-frequency transformers are expected to evolve towards higher frequencies, with MHz-level applications becoming mainstream, driven by the need for compact and efficient devices [17] - There is a trend towards integration and planar designs, which will reduce device size and assembly complexity, enhancing production automation and reliability [19] - The application of new materials, such as nano-crystalline and amorphous alloys, will improve performance, while advanced thermal management techniques will ensure reliability under high power conditions [20][21]

证券日报网讯12月2日，茂硕电源（002660）在互动平台回答投资者提问时表示，截至2025年11月28 日，公司股东人数约为3万多户。 ...

Core Viewpoint - The recent share reduction plan by the company's director has raised concerns about the financial health of the power supply manufacturer, as the company reported a significant net loss despite a slight increase in revenue [1][2]. Group 1: Financial Performance - In the first three quarters of 2025, the company achieved a revenue of 945 million, representing a year-on-year growth of 2.95%, but reported a net loss attributable to shareholders of 57.92 million, a sharp decline from a profit of 38.02 million in the same period last year [1]. - The company's net loss after excluding non-recurring gains and losses reached 65.56 million, indicating a deterioration in the profitability of its core business [1]. - The average cash collection ratio for the company's main business is 81.68%, reflecting weak cash flow [2]. Group 2: Strategic Actions - The director plans to reduce holdings by up to 980,000 shares, accounting for 25% of his total shareholding, which is the maximum allowed for directors during their tenure [1]. - To maintain operations, the company is actively seeking funding, announcing plans to apply for a total credit line of 550 million from multiple banks [2]. - The company has previously revised its half-year performance forecast due to quality risks in some consumer power products, which may lead to additional costs for after-sales service [2]. Group 3: Market Conditions - The company faces challenges that may reflect broader issues in the power supply manufacturing industry, as intensified market competition has forced companies to implement strategic price reductions, which in turn erodes profit margins [2]. - As of the end of the third quarter, the company's total assets amounted to 1.956 billion, with accounts receivable reaching 469 million, indicating challenges in asset operational efficiency [3].

Group 1 - China National Fisheries announced that its shareholder, China State-Owned Enterprises Mixed Ownership Reform Fund Co., Ltd., reduced its stake from 5.7076% to 5% by selling 2.5888 million shares at an average price of 10.31 yuan per share [1] - China National Fisheries, established in April 1998, focuses on deep-sea fishing, seafood processing and trade, and marine fishery services [2] Group 2 - Guilin Tourism plans to publicly select a partner for the "Living Lotus" project to build a theater and related facilities, with the partner responsible for investment, construction, and operation [2] - Guilin Tourism, founded in April 1998, operates in boat passenger transport, scenic tourism, hotels, and road passenger transport [2] Group 3 - Zhaomin Technology intends to issue convertible bonds to raise no more than 590 million yuan for new projects related to automotive components and precision engineering plastics [3] - Zhaomin Technology, established in October 2011, specializes in the R&D, production, and sales of precision injection parts and molds [3] Group 4 - Zhaomin Technology plans to establish overseas subsidiaries in Singapore and Thailand, focusing on wholesale trade and technology development in automotive precision components [4] - The registered capital for the Singapore subsidiaries is set at 1,000 USD, while the Thai subsidiary will have a capital of 500,000 THB [4] Group 5 - Yiyigou's subsidiary plans to increase capital by 8 million yuan to an associated company, with a pre-investment valuation of 42 million yuan [5] - Yiyigou, founded in April 2007, provides full-channel pharmaceutical distribution services [6] Group 6 - Yunda Express reported a 0.88% year-on-year decline in October express service revenue, totaling 4.495 billion yuan, with a business volume decrease of 5.11% [7] - Yunda Express, established in April 1996, operates in comprehensive express logistics [8] Group 7 - SAIWO Technology announced the first batch delivery of light transfer films for perovskite tandem components, marking a significant step in commercial application [8] - The current delivery is small-scale and will not significantly impact the company's revenue in 2024 [8] Group 8 - Hunan Baiyin's shareholder plans to reduce its stake by up to 1.95%, equating to a maximum of 55 million shares [9] - Hunan Baiyin, founded in November 2004, specializes in the smelting and sales of precious metals [9] Group 9 - Ningbo Construction's acquisition of Ningbo Transportation Engineering Construction Group has been approved by the Shanghai Stock Exchange [10] - Ningbo Construction, established in December 2004, focuses on construction engineering and related services [10] Group 10 - Sudar's shareholder plans to reduce its stake by up to 3%, which amounts to a maximum of 2.28 million shares [11] - Sudar, founded in July 2009, provides aftermarket services for hydraulic supports in coal mining machinery [12] Group 11 - Aeston plans to establish a joint venture with BOE Technology Group, focusing on the development and sales of drive technology products [13] - Aeston, established in February 2002, specializes in automation core components and industrial robotics [13] Group 12 - CICC is planning to absorb and merge Dongxing Securities and Xinda Securities through a stock exchange, with trading suspended for up to 25 days [14] - CICC, founded in July 1995, provides investment banking and asset management services [14] Group 13 - Dongjie Intelligent plans to purchase robots from an associated company for a total of 24.325 million yuan [15] - Dongjie Intelligent, established in December 1995, focuses on intelligent production systems and logistics [15] Group 14 - Shentong Express reported an 11.84% year-on-year increase in October express service revenue, totaling 4.95 billion yuan [16] - Shentong Express, founded in November 2001, operates in the express service industry [17] Group 15 - Zhongfu Industrial plans to invest 259 million yuan in a project to produce 3 million aluminum wheels [18] - Zhongfu Industrial, established in January 1997, specializes in aluminum processing and related industries [18] Group 16 - Maoshuo Power's director plans to reduce his stake by up to 980,300 shares, representing 0.2749% of the total shares [19] - Maoshuo Power, founded in March 2006, focuses on the R&D and production of power supplies [19] Group 17 - Wentai Technology's control over Anshi Semiconductor remains limited despite the lifting of an asset freeze order [20] - Wentai Technology, established in January 1993, specializes in mobile communication and semiconductor technology [20] Group 18 - Zhongyida's actual controller is involved in the merger of Xinda Securities by CICC, with no impact on Zhongyida's equity structure [20] - Zhongyida, founded in June 1992, produces and sells fine chemical products [20] Group 19 - Jinlongyu's subsidiary received a criminal judgment for contract fraud, with penalties imposed on both the company and an individual [20] - Jinlongyu, established in June 2005, focuses on kitchen food and oil products [20]