Core Points - The controlling shareholder and actual controller of the company, Chen Lijuan, holds 85.55 million shares, accounting for 23.78% of the total shares, and has decided to terminate the planned reduction of 9 million shares, which represented 2.50% of the total shares, and has committed not to reduce holdings before March 4, 2026 [1] - Board member and executive Zhang Yong reduced his holdings by 200,000 shares at a price of 13.61 CNY per share on October 14, 2025 [1] - Executive Sun Jian reduced his holdings by 130,000 shares at a price of 13.02 CNY per share on October 13, 2025 [1] - Executive Lu You reduced his holdings by 60,000 shares at a price of 13.62 CNY per share on October 14, 2025 [1] - Executive Sun Hai reduced his holdings by 90,000 shares at a price of 13.81 CNY per share between September 30 and October 14, 2025, and all related reduction plans have been completed [1]

Market Overview - The home appliance components sector experienced a decline of 4.87% on October 14, with He Sheng New Materials leading the drop [1] - The Shanghai Composite Index closed at 3865.23, down 0.62%, while the Shenzhen Component Index closed at 12895.11, down 2.54% [1] Stock Performance - Notable gainers in the home appliance components sector included: - Dongbei Group (601956) with a closing price of 7.55, up 2.03% [1] - Chun Guang Technology (603657) at 36.46, up 1.59% [1] - Xing Shuai Er (002860) at 13.62, up 1.41% [1] - Conversely, He Sheng New Materials (002290) saw a significant decline of 8.71%, closing at 38.14 [2] - Other notable decliners included: - Hong Chang Technology (301008) down 7.03% [2] - Sanhua Intelligent Control (002050) down 6.95% [2] Capital Flow - The home appliance components sector saw a net outflow of 1.477 billion yuan from institutional investors, while retail investors contributed a net inflow of 1.353 billion yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors remained active [2] Individual Stock Capital Flow - Key stocks and their capital flow included: - Xing Shuai Er (002860) with a net inflow of 13.76 million yuan from institutional investors [3] - Chun Guang Technology (603657) with a net inflow of 13.39 million yuan [3] - Dongbei Group (601956) recorded a net inflow of 10.36 million yuan [3] - Notably, He Sheng New Materials (002290) experienced a significant net outflow of 59.9 million yuan from institutional investors [3]

Core Viewpoint - The stock of Xing Shuai Er has shown a significant increase in price and trading activity, indicating positive market sentiment and potential growth opportunities for the company [1][2]. Group 1: Stock Performance - As of October 14, Xing Shuai Er's stock price increased by 2.23%, reaching 13.73 CNY per share, with a trading volume of 27.67 million CNY and a turnover rate of 0.58% [1]. - Year-to-date, the stock price has risen by 41.37%, with a 1.10% increase over the last five trading days, 6.35% over the last 20 days, and 4.33% over the last 60 days [2]. Group 2: Company Overview - Xing Shuai Er Electric Co., Ltd. was established on May 15, 2002, and went public on April 12, 2017. The company is located in Fuyang District, Hangzhou, Zhejiang Province [2]. - The company's main business includes the research, production, and sales of various types of thermal protectors for refrigeration compressors, starters, sealed connection columns, temperature controllers for small appliances, and small to medium-sized motors [2]. Group 3: Financial Performance - For the first half of 2025, Xing Shuai Er reported a revenue of 1.132 billion CNY, representing a year-on-year growth of 8.59%, and a net profit attributable to shareholders of 122 million CNY, reflecting a year-on-year increase of 31.79% [3]. - The company has distributed a total of 225 million CNY in dividends since its A-share listing, with 96.91 million CNY distributed over the past three years [4]. Group 4: Shareholder Information - As of June 30, 2025, the number of shareholders for Xing Shuai Er was 18,800, a decrease of 7.51% from the previous period, with an average of 18,561 circulating shares per shareholder, an increase of 10.20% [3]. - New institutional shareholders include Guotai Junan Eagle Growth Flexible Allocation Mixed Fund, Huafu Technology Momentum Mixed A, and Caitong Asset Management Advanced Manufacturing Mixed Fund, among others [4].

智通财经APP讯，星帅尔(002860.SZ)公告，公司与上海电科股权投资基金管理有限公司(简称"上电科基 金")、上海电器科学研究所(集团)有限公司(简称"上电科")签署了《上海上电科星帅尔私募投资基金合伙 企业(有限合伙)合伙协议》，共同投资设立上海上电科星帅尔私募投资基金合伙企业(有限合伙)(简 称"上电科星帅尔投资基金")。上电科星帅尔投资基金规模为人民币1亿元，其中公司作为有限合伙人以 自有资金认缴出资人民币9000万元，持有合伙企业90%的合伙份额。合伙企业拟主要投资核心零部件和 其他科技项目。 ...

星帅尔（002860）(002860.SZ)公告，公司与上海电科股权投资基金管理有限公司(简称"上电科基金")、 上海电器科学研究所(集团)有限公司(简称"上电科")签署了《上海上电科星帅尔私募投资基金合伙企业 (有限合伙)合伙协议》，共同投资设立上海上电科星帅尔私募投资基金合伙企业(有限合伙)(简称"上电 科星帅尔投资基金")。上电科星帅尔投资基金规模为人民币1亿元，其中公司作为有限合伙人以自有资 金认缴出资人民币9000万元，持有合伙企业90%的合伙份额。合伙企业拟主要投资核心零部件和其他科 技项目。 ...

Core Viewpoint - The company, Xing Shuai Er, has signed a partnership agreement to establish a private investment fund with Shanghai Electric Science Research Institute and Shanghai Electric Science Investment Fund Management Co., Ltd, indicating a strategic move to enhance investment capabilities [1] Group 1: Investment Details - The newly established fund, named Shanghai Electric Xing Shuai Er Private Investment Fund Partnership, has a total scale of RMB 100 million [1] - The company will contribute RMB 90 million, holding a 90% share in the partnership [1]

Core Viewpoint - The company Xing Shuai Er has announced a partnership to establish a private investment fund with Shanghai Electric Science Research Institute and Shanghai Electric Equity Investment Fund Management Co., Ltd, indicating a strategic move to enhance investment capabilities and collaboration in the industry [1] Group 1 - The newly established fund, named Shanghai Electric Science Xing Shuai Er Private Investment Fund Partnership, has a total scale of 100 million yuan [1] - The company will contribute 90 million yuan, representing 90% of the partnership's total shares, positioning itself as a significant stakeholder in the fund [1]

Core Viewpoint - The company has signed a partnership agreement with Shanghai Electric Science Research Institute and Shanghai Electric Investment Fund Management Co., Ltd. to establish a private investment fund with a total scale of 100 million yuan [1] Group 1: Investment Details - The fund will be named Shanghai Electric Science and Technology Xing Shuai Er Private Investment Fund Partnership (Limited Partnership) [1] - The company will contribute 90 million yuan, holding 90% of the partnership shares [1] - The investment aims to expand investment and communication channels, explore business cooperation and development opportunities, improve capital efficiency, and achieve investment returns [1]

股票代码：002860 股票简称：星帅尔 公告编号：2025-105 杭州星帅尔电器股份有限公司 关于与专业投资机构共同投资设立基金的公告 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、公司本次与专业投资机构共同投资设立的基金不纳入公司合并报表范围，投资来源为 自有资金，不会影响公司正常生产经营，不会对当期财务及经营状况产生重大影响，不存在损 害公司及全体股东利益的情形。 2、风险提示：本次共同投资事项尚需进行基金备案等手续；本次合作各方共同出资发起 设立产业投资基金，基金可能存在短时间内未能寻求到合适的投资标的、投资回收期较长等风 险。敬请广大投资者审慎进行投资决策，注意投资风险。 统一社会信用代码：91310000MA1FL4PC52 类型：有限责任公司 一、本次与专业投资机构共同投资设立基金情况概述 近日，杭州星帅尔电器股份有限公司（以下简称"公司"或"星帅尔"）与上海电科股权 投资基金管理有限公司（以下简称"上电科基金"）、上海电器科学研究所（集团）有限公司（以 下简称"上电科"）签署了《上海上电科星帅尔私募投资基金合伙企业（有限合 ...

Core Insights - A new private investment fund named Shanghai Shangdian Kexing Shuai'er Private Investment Fund Partnership (Limited Partnership) has been established with a capital contribution of 100 million RMB [1] - The fund's business scope includes private equity investment, investment management, and asset management activities [1] - The fund is co-funded by Xingshuai'er (002860) among other contributors [1]