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 R&D capabilities [2] - The company specializes in the R&D, production, and sales of various types of thermal protectors, starters, sealing terminals for refrigeration compressors, temperature controllers for small appliances, and photovoltaic components [2] Group 2: Military Business Development - The subsidiary Zhejiang Special Motor has obtained military qualifications primarily for the production of motors and integrated motor drives, aiming to open new sales channels [3] - Current orders for large UAV aviation starter integrated machines are in the orderly delivery phase, preparing for future mass production [3] Group 3: Investment and Strategic Planning - The company has acquired fund shares in Rongteng No. 2, which focuses on strategic investments in robotics, indicating a potential entry into the robotics sector [3] - The company is committed to expanding new business avenues through mergers and acquisitions, leveraging its manufacturing management experience and stable cash flow [3] Group 4: Future Growth and Profitability - The home appliance segment continues to provide stable customers and orders, with expanding application scenarios [4] - Future focus will shift towards R&D of new motor products, with increased technical and financial support for the subsidiary Zhejiang Special Motor, targeting high-efficiency permanent magnet motors and servo motors [4]

Market Overview - The Hang Seng Index fell by 0.45%, down 107 points, closing at 23,808 points, while the Hang Seng Tech Index decreased by 0.15% [1] - Early trading volume in Hong Kong stocks reached HKD 109.5 billion [1] Stablecoin Regulation - The Hong Kong Monetary Authority plans to release guidelines for stablecoin regulations this month, aiming to issue licenses within the year [1] - Stocks related to stablecoins saw significant gains, with Guotai Junan International rising by 8.2%, ZhongAn Online increasing by 5.64%, and Yike rising over 9% [1] New Tea Beverage Market - A subsidy war in the takeaway market has ignited the new tea beverage sector, with Guming and Cha Baidao both rising over 9% [1] Digital Health Services - Health Road saw its stock rise over 9% as its controlling shareholder voluntarily extended the lock-up period, focusing on a digital health service platform [1] Gaming Industry - Morgan Stanley reported that Macau's gaming revenue in June increased by 19% year-on-year to MOP 21.1 billion, exceeding analyst predictions by 9% [1] - Gaming stocks continued their upward trend, with Amax Holdings up 3.7%, Melco International Development up 1.6%, and MGM China up 2.1% [1] Medical Device Sector - In response to China's reciprocal restrictions on EU medical devices, the National Medical Products Administration issued support for high-end medical devices [1] - Medical device stocks experienced broad gains, with Spring Medical up 1.86%, Yongsheng Medical up 7.27%, and Xinwei Medical-B up 5.5% [1] Company Developments - China Rare Earth Holdings plans to spin off its gold business for independent listing on the Hong Kong Stock Exchange, potentially seeking financing before the spin-off [2] - Jihong Co. saw its stock rise over 10%, with a projected over 55% year-on-year increase in net profit attributable to shareholders for the first half of the year [3] - H&H International Holdings is expected to see a decline in net profit by 45% to 65% for the first half of the year, resulting in a drop of over 6% in its stock price [4]

股票代码：002860 股票简称：星帅尔 公告编号：2025-085 杭州星帅尔电器股份有限公司 关于受让股权投资基金份额暨与专业投资机构共同投资的公告 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。 重要提示： 投资标的名称：杭州容腾二号创业投资合伙企业（有限合伙）（以下简称"容腾二号"） 投资金额：杭州星帅尔电器股份有限公司（以下简称"公司"或"星帅尔"）拟以 1,000 万元受让嘉兴容嘉创业投资合伙企业（有限合伙）（以下简称"嘉兴容嘉"）持有的容腾二号 0.5711%基金份额（认缴出资额 1,000 万元、实缴出资额 1,000 万元），交易完成后公司将成为 容腾二号有限合伙人，持有容腾二号 0.5711%基金份额。 本次对外投资事项无需提交公司董事会及股东大会审议，也不构成关联交易或重大资产重 组，交易后不会导致同业竞争，公司 12 个月内也不存在将超募资金用于永久性补充流动资金 的情形。 相关风险提示：本次对外投资事项是公司在不影响正常生产经营的前提下，为更好地利用 资源、拓宽交流渠道，以及提高公司的资金使用效率，增加公司收益，以自有资金进行的财务 ...

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 ...