证券代码：002705 证券简称：新宝股份 公告编码：（2025）061 号 广东新宝电器股份有限公司 关于 2020 年非公开发行股票部分募投项目结项 并将节余募集资金用于其他募投项目的公告 广东新宝电器股份有限公司（简称"新宝股份"、"公司"或"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 陈述或者重大遗漏。 经中国证券监督管理委员会（证监许可[2020]2837 号）《关于核准广东新宝 电器股份有限公司非公开发行股票的批复》的核准，公司于 2020 年 12 月 23 日 非公开发行人民币普通股(A 股) 25,254,895 股，每股面值人民币 1.00 元，每股 发行认购价格为人民币 38.25 元，共计募集人民币 965,999,733.75 元，扣除与发 行有关的费用（不含增值税）人民币 26,123,819.09 元，实际募集资金净额为人 民币 939,875,914.66 元。以上募集资金已由立信会计师事务所（特殊普通合伙） 1 于 2020 年 12 月 25 日出具的信会师报字[2020]第 ZC10610 号《验资报告》验证 确认。 （二） 募 ...

证券代码：002705 证券简称：新宝股份 公告编码：（2025）063 号 广东新宝电器股份有限公司 关于召开 2026 年第一次临时股东会的通知 广东新宝电器股份有限公司（以下简称"新宝股份"、"公司"或"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、 误导性陈述或者重大遗漏。 根据《中华人民共和国公司法》和《广东新宝电器股份有限公司章程》 （以下简称"《公司章程》"）的规定，公司于 2025 年 12 月 22 日召开第七届董 事会第十次临时会议，会议决定于 2026 年 1 月 8 日下午 2 点 45 分在公司召开 2026 年第一次临时股东会（以下简称"本次股东会"），现将本次股东会的有关 事项通知如下： 一、召开会议的基本情况 1、股东会届次：2026 年第一次临时股东会 （1）现场会议时间：2026 年 01 月 08 日 14:45 2、股东会的召集人：董事会 （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 2026 年 01 月 08 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 ...

证券代码：002705 证券简称：新宝股份 公告编码：（2025）060 号 广东新宝电器股份有限公司 第七届董事会第十次临时会议决议公告 广东新宝电器股份有限公司（以下简称"新宝股份"、"公司"或"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 导性陈述或者重大遗漏。 公司第七届董事会第十次临时会议于 2025 年 12 月 22 日在公司三楼会议室 召开。本次会议的召开已于 2025 年 12 月 16 日通过书面通知、电子邮件或电话 等方式通知全体董事。应出席本次会议表决的董事为 9 人，实际出席本次会议表 决的董事为 9 人（其中，董事曾展晖先生因工作安排，委托董事朱小梅女士代为 表决）。会议由董事长郭建刚先生召集并主持，公司全体高级管理人员列席了本 次会议。本次会议的召开符合《中华人民共和国公司法》等法律、行政法规、部 门规章、规范性文件和《广东新宝电器股份有限公司章程》（以下简称"《公司 章程》"）的规定。本次会议采用现场召开的方式，审议并通过如下议案： 内容详见公司于巨潮资讯网（http://www.cninfo.com.cn）及公司指定信息披 露报刊同日披露 ...

Investment Rating - The industry investment rating is "Overweight" [5] Core Insights - The home appliance industry is experiencing pressure in both domestic and international sales, with iRobot announcing bankruptcy restructuring, which will be acquired by Chinese manufacturer Shanjun Robotics [2][5] - In November, the retail sales of home appliances and audio-visual equipment reached 100 billion yuan, a year-on-year decline of 19.4%, while the cumulative annual sales reached 1,074.9 billion yuan, with a year-on-year increase of 14.8% [5] - The production and sales data for home air conditioners in November showed a production of 10.577 million units, a year-on-year decrease of 36.7%, and sales of 10.492 million units, a year-on-year decrease of 31.8% [5] Summary by Sections Investment Recommendations - Key drivers for investment include overseas expansion and smart home technology, recommending leading companies in the robotic vacuum sector: Roborock (21.1X 2025 PE) and Ecovacs (21.5X) [5] - Companies with stable performance and upward potential include Ninebot (20.6X), Anfu Technology (41.7X), Hailong Cold Chain (14.6X), and Beiding Co. (30.4X) [5] - For companies with robust operations and high dividends, recommendations include TCL Electronics (12.2X), Hisense Visual (12.9X), Midea Group (13.5X), and Haier Smart Home (12.2X) [5] - Companies diversifying into new sectors include Rongtai Health (18.7X) and Wanlong Magnetic Plastic (18.9X) [5] Market Performance - The retail sales growth rate further narrowed in November, with the total retail sales of consumer goods reaching 43,898 billion yuan, a year-on-year increase of 1.3% [5] - The domestic market faces pressure from the decline in national subsidies and high base effects, while the export market is constrained by high base effects and inventory reduction in some overseas markets [5] Company Developments - iRobot has announced its bankruptcy and will be acquired by Shanjun Robotics, with the restructuring process expected to be completed by February 2026 [5] - The founder of Chasing Technology, Yu Hao, plans to acquire 54.90% of Jiamei Packaging, with a total transaction value of approximately 2.282 billion yuan [5]

Core Viewpoint - The event "Foshan Quality Products Connecting Globally" aims to enhance the international presence of Foshan manufacturing by facilitating connections between multinational enterprises and local suppliers, marking the launch of a comprehensive service system for enterprises going abroad [1][3][4]. Group 1: Event Overview - The event attracted nearly 20 multinational enterprises and over 100 quality suppliers from Foshan, creating a vibrant atmosphere for resource matching and potential collaborations [3][5]. - The event is part of Foshan's initiative to build a multi-layered and professional service support system for enterprises going abroad, emphasizing the trend of "Foshan Quality Products" expanding globally [3][4]. Group 2: Service System Development - The "1+1+N" comprehensive service system for Foshan enterprises going abroad has been officially launched, which includes a service center and multiple service stations in key regions and countries [3][11]. - The Foshan Enterprise Going Abroad Comprehensive Service Center was inaugurated, providing a platform for policy consultation, market development, cross-border finance, and legal support [12][16]. Group 3: Industry Insights - Foshan is recognized for its robust manufacturing capabilities, with significant contributions from its trillion-level industries such as equipment manufacturing and home furnishings, which are essential for global supply chains [4][11]. - The event highlighted the urgent demand from multinational enterprises for high-quality and reliable supply chain partners, which aligns with Foshan's strengths in manufacturing [4][5]. Group 4: International Collaboration - The signing of a memorandum of cooperation between Foshan's Commerce Bureau and the Hong Kong Trade Development Council aims to leverage Hong Kong's role as a "super connector" to facilitate the international expansion of Foshan products [28]. - The establishment of service stations in various countries, including Indonesia, Malaysia, Hungary, and the USA, aims to enhance the support for Foshan enterprises in navigating international markets [16][23].

Core Insights - As of December 10, 2025, the total number of shareholders for Xinbao Co., Ltd. is 27,453, excluding merged margin trading accounts [2] - Among the total shareholders, there are 3,275 institutional accounts [2]

Core Viewpoint - Chinese manufacturing companies are accelerating their overseas expansion and are exploring new strategies to address the common challenge of long production and delivery cycles abroad, with Guangdong Xinbao Electric Co., Ltd. leading the way by building industrial parks in collaboration with core suppliers to achieve proximity and synergy in operations [1] Group 1: Overseas Expansion Strategy - Guangdong Xinbao Electric Co., Ltd. is adopting an "ecological chain co-prosperity" approach, which involves not just individual companies going overseas but collaborating with key suppliers to establish industrial parks [1] - This model aims to significantly shorten order response times by enhancing local support and operational collaboration [1] Group 2: Business Transition and Growth - The company is transitioning from a focus on OEM (Original Equipment Manufacturer) to developing its own brand, seeking to balance its old and new business models [1] - Xinbao is actively searching for new growth avenues while managing the shift in its business strategy [1]

Core Viewpoint - Chinese manufacturing companies are accelerating their overseas expansion and are facing common challenges related to long production and delivery cycles. Guangdong Xinbao Electric Co., Ltd. is exploring a new path of "ecological chain co-prosperity" by building industrial parks in Indonesia with core suppliers to achieve proximity support and collaborative operations [1] Group 1: Overseas Expansion Strategy - The company is not pursuing overseas expansion alone but is collaborating with core suppliers to establish industrial parks, which helps in shortening order response times [1] - This collaborative model aims to address the common issue of long delivery cycles faced by Chinese manufacturers in overseas markets [1] Group 2: Operational Efficiency - The article raises questions about how this model can effectively reduce order response times and what kind of research and management systems are needed to support it [1] - The shift from primarily OEM (Original Equipment Manufacturer) to focusing on independent brands is a strategic move for the company to balance old and new business models while seeking new growth avenues [1]

Core Viewpoint - Chinese manufacturing companies are accelerating their overseas expansion and are exploring solutions to the common challenge of long production and delivery cycles abroad. Guangdong Xinbao Electric Appliance Co., Ltd. is implementing a new approach called "ecological chain co-prosperity," which involves building industrial parks in collaboration with core suppliers to achieve proximity support and collaborative operations [1]. Group 1 - The new model aims to significantly shorten order response times by fostering close cooperation among suppliers and manufacturers [1]. - The company is transitioning from a focus on OEM (Original Equipment Manufacturer) to developing its own brand, which requires a balance between old and new business models [1]. - The success of this model relies on a robust research and development and management system to support the operational changes [1].

Market Overview - The small home appliance sector increased by 0.19% on December 2, with Lek Electric leading the gains [1] - The Shanghai Composite Index closed at 3897.71, down 0.42%, while the Shenzhen Component Index closed at 13056.7, down 0.68% [1] Stock Performance - Lek Electric (603355) closed at 33.52, up 6.75% with a trading volume of 95,800 shares and a turnover of 313 million yuan [1] - Other notable performers included Ousheng Electric (301187) with a 2.13% increase, and Kaineng Health (300272) with a 1.09% increase [1] - The overall performance of the small home appliance stocks showed mixed results, with some stocks experiencing declines [2] Capital Flow - The small home appliance sector saw a net inflow of 66.24 million yuan from institutional investors, while retail investors experienced a net outflow of 68.35 million yuan [2] - The capital flow data indicates that while institutional investors were net buyers, retail investors were net sellers in the sector [3] Individual Stock Capital Flow - Stone Technology (688169) had a net inflow of 32.78 million yuan from institutional investors, but a net outflow of 20.05 million yuan from retail investors [3] - Lek Electric (603355) also saw a net inflow of 22.14 million yuan from institutional investors, with retail investors withdrawing 16.42 million yuan [3] - Ousheng Electric (301187) had a significant net inflow of 13.99 million yuan from institutional investors, but a notable net outflow of 16.25 million yuan from retail investors [3]