股票代码：002860 股票简称：星帅尔 公告编号：2025-084 杭州星帅尔电器股份有限公司 关于募集资金专户注销的公告 | 开户银行 | 银行账号 | 账户类别 | 账户用途 | 账户状态 | | --- | --- | --- | --- | --- | | 宁波银行股份有限 公司杭州富阳支行 | 71170122000328020 | 募集资金专户 | 补充流动资金项目 | 本次注销 | | 杭州银行股份有限 | 3301040160023862959 | 募集资金专户 | 年产 2GW 高效太阳能 | 本次注销 | | 公司江城支行 | | | 光伏组件建设项目 | | 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、误导 性陈述或者重大遗漏。 杭州星帅尔电器股份有限公司（以下简称"公司"）于 2025 年 6 月 26 日完成了向不特定 对象发行可转换公司债券募集资金专项账户的销户工作，现将相关情况公告如下： 一、募集资金基本情况 公司经中国证券监督管理委员《关于核准杭州星帅尔电器股份有限公司公开发行可转换公 司债券的批复》(证监许可[2023]10 号)核准，由主承销商 ...

Group 1 - The company held its first extraordinary general meeting of shareholders on May 15, 2025, where it approved the proposal to change its registered capital and amend the Articles of Association [1] - The total share capital of the company will increase by 57,037,271 shares due to the conversion of the convertible bonds issued in 2023, raising the total share capital from 302,675,245 shares to 359,712,516 shares [1][2] - The registered capital will also increase from RMB 302,675,245 to RMB 359,712,516 as a result of the share capital increase [1][2] Group 2 - The company has completed the business registration change with the Zhejiang Provincial Market Supervision Administration and has obtained a new business license [2] - The new business license includes various manufacturing and sales activities, such as electric component manufacturing, photovoltaic equipment manufacturing, and technology services [2]

股票代码：002860 股票简称：星帅尔 公告编号：2025-083 杭州星帅尔电器股份有限公司 关于完成注册资本增加的工商登记的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、误导 性陈述或者重大遗漏。 杭州星帅尔电器股份有限公司（以下简称"公司"）于 2025 年 5 月 15 日召开了 2025 年第 一次临时股东大会，会议审议通过了《关于变更注册资本及修订<公司章程>的议案》，具体详 见公司登载于《证券时报》和巨潮资讯网（www.cninfo.com.cn）上的相关公告。 公司 2023 年发行的可转换公司债券（"星帅转 2"）自 2023 年 12 月 20 日（开始转股日） 起至 2025 年 4 月 10 日（赎回日）止，公司总股本因可转换公司债券转股累计增加 57,037,271 股，公司总股本将由 302,675,245 股增加至 359,712,516 股，公司注册资本也将由 302,675,245 元增加至 359,712,516 元。 公司已在浙江省市场监督管理局办理完成了工商变更登记手续，并于近日取得了新的营业 执照，新的营业执照登记信息如下： 1、公司 ...

Group 1: Company Overview - Hangzhou Xingshuai Electric Co., Ltd. was listed on the Shenzhen Stock Exchange in April 2017 as a high-tech enterprise with strong innovation and independent R&D capabilities [2] - The company specializes in the R&D, production, and sales of various types of refrigeration compressor thermal protectors, starters, sealing terminals, temperature controllers for small appliances, and electric motors [2] Group 2: R&D and Product Development - Zhejiang Special Motor has established several research and development centers and possesses a strong technical team, ensuring product development and quality [4] - The company focuses on developing high-efficiency permanent magnet motors, servo motors, and other new products to meet market demands [6] Group 3: Market Applications - The products of Zhejiang Special Motor are primarily used in industrial machinery, mining machinery, oil fields, new energy vehicles, elevators, refrigerators, air conditioners, wind power generation, electric motorcycles, and military applications [4] Group 4: Market Value Management - Market value management is viewed as a long-term process, with the company focusing on quality and value enhancement while maintaining stable operations [6] - The company plans to shift its focus towards new energy, new products, and new projects, particularly increasing support for Zhejiang Special Motor in terms of technology, finance, and human resources [6]

股票代码：002860 股票简称：星帅尔 公告编号：2025-080 杭州星帅尔电器股份有限公司 关于完成注册资本减少的工商登记的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、误导 性陈述或者重大遗漏。 杭州星帅尔电器股份有限公司（以下简称"公司"）于 2025 年 4 月 29 日召开了 2024 年年 度股东大会，会议审议通过了《关于回购注销 2022 年限制性股票激励计划部分限制性股票及 调整回购价格、回购数量的议案》和《关于变更注册资本及修订<公司章程>的议案》，具体详 见公司登载于《证券时报》和巨潮资讯网（www.cninfo.com.cn）上的相关公告。 本次《公司章程》做出如下修改： | 修订前 | 修订后 | | --- | --- | | 第六条 | 第六条 | | 公司注册资本为人民币 30,600.6207 万元。 | 公司注册资本为人民币 30,267.5245 万元。 | | 第二十条 | 第二十条 | | 公司股份总数为人民币普通股 30,600.6207 万 | 公司股份总数为人民币普通股 30,267.5245 万 | | 股。 | 股。 | | ...

股票代码：002860 股票简称：星帅尔 公告编号：2025-082 杭州星帅尔电器股份有限公司 关于使用部分闲置募集资金进行现金管理到期归还的进展公告 三、备查文件 1、杭州银行股份有限公司江城支行业务回单。 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、误导 性陈述或者重大遗漏。 杭州星帅尔电器股份有限公司（以下简称"公司"或"本公司"）2024 年 10 月 24 日召 开的第五届董事会第十七次会议、第五届监事会第十三次会议审议通过了《关于使用部分闲置 募集资金进行现金管理的议案》，同意公司（含子公司）在不影响募集资金投资项目建设和正 常生产经营的前提下，使用不超过 2.35 亿元人民币的闲置募集资金进行现金管理，投资安全 性高、流动性好的保本型投资产品，在上述额度内可循环使用，投资期限自董事会审议通过之 日起一年内有效，具体内容详见公司 2024 年 10 月 25 日在巨潮资讯网披露的《关于使用部分 闲置募集资金进行现金管理的公告》（公告编号：2024-102）。 特此公告。 一、使用暂时闲置募集资金进行现金管理到期归还的情况 公司子公司杭州星帅尔光伏科技有限公司与杭州银行 ...

股票代码：002860 股票简称：星帅尔 公告编号：2025-081 杭州星帅尔电器股份有限公司 关于部分限制性股票回购注销完成的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、误导性 陈述或者重大遗漏。 特别提示： 1、本次回购注销的限制性股票数量为 3,330,962 股，占回购注销前公司总股本的 1.0885%； 公司 2022 年限制性股票激励计划首次授予部分激励对象回购价格为 5.08 元/股加上中国人民 银行同期存款利息，预留授予部分激励对象的回购价格为 6.26 元/股加上中国人民银行同期存 款利息。 2、本次回购注销完成后，公司总股本将由 306,006,207 股减至 302,675,245 股。 3、截至本公告披露日，上述限制性股票已在中国证券登记结算有限责任公司深圳分公司 完成回购注销手续。 一、2022 年限制性股票激励计划简述及实施情况 （一）2022 年 5 月 20 日，公司分别召开第四届董事会第十八次会议和第四届监事会第十 七次会议，审议通过了《关于<杭州星帅尔电器股份有限公司 2022 年限制性股票激励计划（草 案）>及其摘要的议案》《关于<杭州 ...

Investment Rating - The report maintains a "Buy" rating for the company [3] Core Views - The company is a global leader in compressor accessories, expanding into new fields such as motors and photovoltaic components to create new growth curves [1] - The household appliance segment is experiencing steady growth due to the old-for-new policy and the expansion of small appliance categories, with projected revenue of 848 million yuan in 2024, a year-on-year increase of 21.04% [1] - The subsidiary, Zhejiang Special Motor, is focusing on R&D and market expansion in new energy and new product areas, with plans to enhance support for high-efficiency permanent magnet motors and servo motors [2] Summary by Sections Company Overview - The company has established long-term partnerships with major compressor manufacturers and household appliance companies, including Midea and Haier [1] - In Q1 2025, the company achieved revenue of 503 million yuan, an increase of 8.37% year-on-year, and a net profit of 64.3 million yuan, up 21.73% year-on-year [1] Household Appliance Segment - The household appliance segment includes products such as thermal protectors, starters, and temperature controllers, with a strong presence among major domestic and international manufacturers [1] - The government has allocated 300 billion yuan in special bonds to support the old-for-new consumption policy, which is expected to boost the overall household appliance market [1] Financial Forecast - The company forecasts revenues of 2.08 billion yuan in 2024, with a projected growth rate of -27.84%, followed by 5.03% growth in 2025 [5] - The net profit is expected to be 144 million yuan in 2024, with a significant increase of 62.32% to 233 million yuan in 2025 [5] - The earnings per share (EPS) are projected to be 0.40 yuan in 2024, increasing to 0.64 yuan in 2025 [5] Valuation - The report estimates the company's net profit for 2025-2027 to be 233 million, 269 million, and 303 million yuan respectively, with corresponding EPS of 0.64, 0.74, and 0.84 yuan per share [3] - The current price-to-earnings (P/E) ratios are projected to be 19, 16, and 15 times for 2025-2027 [3]

Investment Rating - The report maintains a "Buy" rating for the company [3] Core Viewpoints - The company is a global leader in compressor accessories, expanding into new fields such as motors and photovoltaic components to create new growth curves [1] - The household appliance segment is experiencing steady growth due to the old-for-new policy and the expansion of small appliance categories, with projected revenue of 848 million yuan in 2024, a year-on-year increase of 21.04% [1] - The subsidiary, Zhejiang Special Motor, is focusing on R&D and market expansion in new energy and new product areas, with plans to enhance support for high-efficiency permanent magnet motors and servo motors [2] Summary by Sections Company Overview - The company has established long-term partnerships with major compressor manufacturers and household appliance companies, including Midea and Haier [1] - The product range includes thermal protectors, starters, sealing terminals, temperature controllers, and various motor products [1] Financial Performance - In Q1 2025, the company achieved revenue of 503 million yuan, a year-on-year increase of 8.37%, and a net profit of 64.3 million yuan, up 21.73% [1] - The forecast for 2025-2027 projects net profits of 233 million, 269 million, and 303 million yuan, respectively, with corresponding EPS of 0.64, 0.74, and 0.84 yuan per share [3][5] Market Outlook - The household appliance sector is expected to benefit from government support for consumer upgrades, with a focus on expanding the temperature controller product line for small appliances and automotive applications [1] - The company aims to leverage its strong cash position of 1.158 billion yuan to support future growth initiatives [2]

股票代码：002860 股票简称：星帅尔 公告编号：2025-079 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。 杭州星帅尔电器股份有限公司（以下简称"公司"）于 2025 年 3 月 18 日召开第五届董事 会第十九次会议审议通过《关于回购股份方案的议案》，同意公司使用自有资金或自筹资金以 集中竞价交易方式回购部分公司已在境内发行的人民币普通股（A 股）股票，回购的公司股份 将用于股权激励计划或员工持股计划。本次回购总金额为不低于人民币 5000 万元(含)，不超 过人民币 10,000 万元（含），回购价格不超过 15 元/股（含），若按回购总金额上、下限和回 购股份价格上限测算，预计回购股份数量约为 3,333,333 股-6,666,667 股，约占公司总股本 的 1.09%-2.18%。 鉴于公司已实施完毕 2024 年度权益分派方案，公司回购股份的价格由不超过人民币 15.00 元/股（含）调整为不超过人民币 14.90 元/股（含），若按回购总金额上限 10,000 万元人民币 （含）、下限 5,000 万元人民币(含)和回购股份价格上限 1 ...