股票代码：002860 股票简称：星帅尔 公告编号：2025-112 杭州星帅尔电器股份有限公司 关于为子公司提供担保的进展公告 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。 二、被担保人基本情况 1、公司名称：黄山富乐新能源科技有限公司 2、公司类型：有限责任公司 3、公司住所：安徽省黄山高新技术产业开发区霞塘路 2 号 3 号厂房 4、法定代表人：楼勇伟 5、注册资本：5,000 万元 一、担保情况概述 1、本次担保基本情况 因生产经营需要，杭州星帅尔电器股份有限公司（以下简称"公司"或"星帅尔"）的子 公司黄山富乐新能源科技有限公司（以下简称"富乐新能源"）向中国民生银行股份有限公司 杭州分行（以下简称"民生银行"）申请不超过 5,000 万元人民币综合授信额度，公司为富乐 新能源申请综合授信额度相关事项提供最高额保证担保。公司与民生银行签订了《最高额保证 合同》，为子公司富乐新能源与银行发生的授信业务提供保证担保。 2、本次担保额度的审议情况 公司于 2025 年 4 月 7 日召开第五届董事会第二十次会议、第五届监事会第十五次会议， 2025 年 ...

Market Overview - The home appliance parts sector experienced a decline of 3.73% on November 10, with Hanyu Group leading the drop [1] - The Shanghai Composite Index closed at 4018.6, up 0.53%, while the Shenzhen Component Index closed at 13427.61, up 0.18% [1] Stock Performance - Notable gainers in the home appliance parts sector included: - Shunwei Co., Ltd. (002676) with a closing price of 8.80, up 4.64% on a trading volume of 443,400 shares and a turnover of 390 million [1] - Xing Shuai Er (002860) closed at 15.04, up 3.23% with a trading volume of 339,400 shares and a turnover of 507 million [1] - Major decliners included: - Hanyu Group (300403) with a closing price of 14.71, down 6.37% on a trading volume of 788,300 shares and a turnover of 1.17 billion [2] - Sanhua Intelligent Control (002050) closed at 45.51, down 6.01% with a trading volume of 2,528,700 shares and a turnover of 11.68 billion [2] Capital Flow - The home appliance parts sector saw a net outflow of 2.007 billion from institutional investors, while retail investors contributed a net inflow of 1.834 billion [2] - The capital flow for specific stocks showed: - Xing Shuai Er (002860) had a net inflow of 80.80 million from institutional investors, but a net outflow of 81.10 million from retail investors [3] - Shunwei Co., Ltd. (002676) experienced a net inflow of 43.47 million from institutional investors, with a net outflow of 41.08 million from retail investors [3]

Market Overview - The home appliance parts sector declined by 1.28% on October 31, with Kangsheng Co. leading the drop [1] - The Shanghai Composite Index closed at 3954.79, down 0.81%, while the Shenzhen Component Index closed at 13378.21, down 1.14% [1] Stock Performance - Notable gainers in the home appliance parts sector included: - Hongchang Technology (301008) with a closing price of 41.92, up 4.49% [1] - Zhucheng Technology (301280) at 54.92, up 4.47% [1] - Dingxing Update (603311) at 12.13, up 3.76% [1] - Major decliners included: - Kangxi Co. (002418) with a closing price of 4.75, down 8.48% [2] - Chunguang Technology (603657) at 32.85, down 3.30% [2] - Sanhua Intelligent Control (002050) at 49.93, down 2.52% [2] Trading Volume and Capital Flow - The home appliance parts sector experienced a net outflow of 1.233 billion yuan from institutional investors, while retail investors saw a net inflow of 942 million yuan [2] - The trading volume for the sector was significant, with Kangxi Co. recording a trading volume of 2.6518 million shares and a transaction value of 1.268 billion yuan [2] Capital Flow Analysis - Key stocks with significant capital flow included: - Huaxiang Co. (603112) with a net inflow of 45.8372 million yuan from institutional investors [3] - Zhucheng Technology (301280) with a net inflow of 21.4004 million yuan from institutional investors [3] - Longdi Group (603726) with a net inflow of 17.8122 million yuan from institutional investors [3]

Core Viewpoint - Xing Shuai Er (002860.SZ) reported a significant increase in revenue and net profit for the first three quarters of 2025, indicating strong financial performance and growth potential [1] Financial Performance - The company achieved an operating revenue of 1.742 billion yuan, representing a year-on-year increase of 14.97% [1] - The net profit attributable to shareholders reached 177 million yuan, marking a year-on-year increase of 21.84% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 159 million yuan, reflecting a year-on-year increase of 16.98% [1] - Basic earnings per share stood at 0.52 yuan [1]

Core Viewpoint - The company reported significant growth in both revenue and net profit for the third quarter of 2025, indicating a positive financial performance compared to the previous year [1] Financial Performance - The company's operating revenue reached 609 million yuan, representing a year-on-year increase of 29.08% [1] - The net profit attributable to shareholders of the listed company was 55.33 million yuan, showing a year-on-year increase of 4.49% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 49.15 million yuan, reflecting a year-on-year increase of 0.86% [1]

Group 1 - Company announced a strategic move to optimize and integrate industrial resources by acquiring an additional 9.8% stake in Huangshan Fule New Energy Technology Co., Ltd., increasing its ownership from 90.2% to 100% [1] - The transfer price for the 9.8% stake was set at RMB 44.75 million [1] - As of the first half of 2025, the company's revenue composition is as follows: 48.44% from the photovoltaic industry, 36.09% from the white goods industry, 9.78% from the motor industry, and 5.69% from other industries [1] Group 2 - The company's market capitalization is currently valued at RMB 5.2 billion [2]

Company Performance - Xing Shuai reported Q3 2023 revenue of approximately 1.742 billion yuan, representing a year-on-year increase of 14.97% [1] - The net profit attributable to shareholders for the same period was about 177 million yuan, up 21.84% year-on-year [1] - Basic earnings per share reached 0.52 yuan, reflecting a year-on-year increase of 10.64% [1] Market Context - As of the report, Xing Shuai's market capitalization stands at 5.2 billion yuan [2] - The A-share market has surpassed 4000 points, indicating a significant market resurgence after a decade of stagnation, with technology leading the market's new "slow bull" trend [2]

Company Overview - Xing Shuaier (SZ 002860) announced its fifth board meeting on October 28, 2025, where the Q3 2025 report was reviewed [1] - As of the report, Xing Shuaier's market capitalization is 5.2 billion yuan [1] Revenue Composition - For the first half of 2025, the revenue composition of Xing Shuaier is as follows: - Photovoltaic industry: 48.44% - White goods industry: 36.09% - Motor industry: 9.78% - Other industries: 5.69% [1]

股票代码：002860 股票简称：星帅尔 公告编号：2025-109 杭州星帅尔电器股份有限公司 （一）审议通过《2025年第三季度报告》 表决情况：7 票赞成，0 票反对，0 票弃权。 2025年第三季度报告中的财务信息已经董事会审计委员会审议通过。 公司《2025年第三季度报告》（公告编号：2025-110）登载于《证券时报》及巨潮资讯网 （www.cninfo.com.cn）。 （二）审议通过《关于收购控股子公司少数股东股权暨关联交易的议案》 第五届董事会第二十四次会议决议公告 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。 一、董事会会议召开情况 杭州星帅尔电器股份有限公司（以下简称"公司"）第五届董事会第二十四次会议于2025 年10月18日以书面方式发出通知，并于2025年10月28日以现场方式召开。会议应出席董事7名， 实际出席董事7名。本次会议由董事长楼勇伟先生召集和主持，公司董事会秘书及高管列席会 议。 本次会议的召开符合《公司法》、《公司章程》及有关法律、行政法规的要求，会议合法、 有效。 二、董事会会议审议情况 经与会董事审议，会议以举手 ...

Financial Performance - Revenue for Q3 2025 reached ¥609,132,314.01, an increase of 29.08% year-over-year[5] - Net profit attributable to shareholders was ¥55,327,821.62, up 4.49% compared to the same period last year[5] - Total operating revenue for the current period reached ¥1,741,531,291.49, an increase of 14.93% compared to ¥1,514,773,368.51 in the previous period[19] - Net profit for the current period was ¥179,343,681.28, representing a 20.77% increase from ¥148,496,392.48 in the previous period[20] - Total comprehensive income amounted to ¥179,343,681.28, an increase from ¥148,496,392.48 in the previous period[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,641,233,607.32, reflecting a 2.86% increase from the end of the previous year[5] - The company's total assets increased to ¥3,641,233,607.32, compared to ¥3,539,901,873.00 in the previous period, reflecting a growth of 2.87%[17] - Total liabilities decreased to ¥1,327,243,479.94 from ¥1,674,915,745.97, indicating a reduction of 20.73%[17] - Shareholder equity increased by 24.48% year-over-year, amounting to ¥2,271,237,842.69[5] - The equity attributable to shareholders of the parent company rose to ¥2,271,237,842.69, up from ¥1,824,569,447.66, marking a growth of 24.59%[17] Cash Flow - Operating cash flow net amount increased by 1,438.07% year-to-date, totaling ¥79,218,176.69[5] - Cash inflow from operating activities was ¥1,430,325,338.64, down from ¥1,603,489,134.82 in the previous period[24] - Net cash flow from operating activities improved to ¥79,218,176.69 from a negative ¥5,920,315.35 in the previous period[24] - Cash inflow from investment activities totaled ¥2,911,656,644.25, significantly higher than ¥895,436,053.03 in the previous period[24] - Cash flow from financing activities resulted in a net outflow of ¥206,607,047.82, compared to a net inflow of ¥73,204,147.58 in the previous period[24] Shareholder Information - The total number of common shareholders at the end of the reporting period is 19,704[10] - The largest shareholder, Chen Lijuan, holds 23.78% of the shares, totaling 85,552,673 shares[10] - The top ten shareholders include both individual and institutional investors, with the second-largest shareholder holding 10.81%[10] - The company has a repurchase account holding 7,567,400 shares among the top ten shareholders[10] - The company has not reported any changes in the number of preferred shareholders or their holdings[12] Expenses and Income - Investment income rose by 322.96% year-over-year, attributed to increased financial management income[9] - The company reported a 57.02% decrease in financial expenses compared to the same period last year, mainly due to reduced convertible bond interest[9] - Total operating costs amounted to ¥1,556,639,332.22, up 13.14% from ¥1,375,917,663.38 in the prior period[19] - Research and development expenses for the current period were ¥47,087,056.33, slightly higher than ¥44,661,382.46 in the previous period[20] Receivables and Inventory - The company experienced a significant increase in receivables financing, up 601.72% since the beginning of the year, due to the receipt of bank acceptance bills[9] - Accounts receivable increased to ¥821,769,304.76 from ¥739,104,178.74, reflecting a growth of about 11.1%[15] - Inventory levels rose to ¥364,667,018.60 from ¥342,744,280.99, indicating an increase of approximately 6.4%[15] - The total amount of accounts receivable financing increased significantly to ¥196,171,636.17 from ¥27,955,992.42, marking a substantial rise[15] Cash Management - The company has a cash balance of ¥493,835,629.81, down from ¥589,098,301.40 at the beginning of the period, representing a decrease of approximately 16.2%[15] - The ending cash and cash equivalents balance was ¥359,770,365.51, slightly up from ¥335,808,891.43 in the previous period[24] - The company received ¥20,270,101.59 in tax refunds, compared to ¥5,807,616.06 in the previous period[23] - The company reported a significant increase in cash received from investment recoveries, totaling ¥2,901,860,000.00, compared to ¥890,120,589.04 in the previous period[24] Future Outlook - The company plans to expand its market presence and invest in new technologies to drive future growth[17]