股票简称：长缆科技 股票代码：002879 长缆科技集团股份有限公司 2025年度向特定对象发行股票募集资金使用的 可行性分析报告 二〇二五年六月 1 一、本次募集资金使用计划 公司拟向特定对象发行 A 股股票，拟募集资金总额不超过 46,000.00 万元（含 本数），扣除发行费用后的募集资金净额将全部用于以下项目： 本次发行募集资金到位之前，公司可根据项目实际进展情况以自筹资金先行 投入，并在募集资金到位之后，以募集资金置换自筹资金。募集资金到位后，若 扣除发行费用后的实际募集资金净额少于拟投入募集资金总额，在本次发行募集 资金投资项目范围内，公司将根据实际募集资金数额，按照项目的轻重缓急等情 况，调整并最终决定募集资金的具体投资项目、顺序及各项目的具体投资额，募 集资金不足部分由公司自筹解决。 二、投资项目基本情况 （一）高压超高压电缆附件产能扩充及其他电力设备产业技术改造项目 1、项目基本情况 本项目拟通过利用先进技术、购置先进生产设备等方式扩充高压及超高压电 缆附件的生产能力并对公司现有部分产线进行升级改造，从而提高公司的市场竞 争力。 本项目实施地点位于公司现有厂区内，具体位于长沙高新开发区麓谷工 ...

证券代码：002879 证券简称：长缆科技 公告编号：2025-023 长缆科技集团股份有限公司 关于召开 2025 年第一次临时股东大会的通知 本公司及全体董事会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。 长缆科技集团股份有限公司（以下简称"公司"）于 2025 年 6 月 20 日召开了 公司第五届董事会第十次会议，公司董事会决定以现场表决与网络投票相结合的 方式召开公司 2025 年第一次临时股东大会（以下简称"本次会议"或者"本次股东 大会"）。现将会议的有关情况通知如下： 一、召开会议的基本情况 1、股东大会届次：长缆科技集团股份有限公司 2025 年第一次临时股东大会 2、股东大会的召集人：公司董事会 3、会议召开的合法、合规性：公司 2025 年 6 月 20 日召开第五届董事会第 十次会议审议通过了《关于召开 2025 年第一次临时股东大会的议案》。本次股 东大会召开符合有关法律、行政法规、部门规章、规范性文件及公司章程的规定。 4、会议召开的日期、时间： （1）现场会议召开时间：2025 年 7 月 8 日（星期二）下午 15:00。 （2）网络投票时间： ...

第五届监事会第十次会议决议公告 本公司及全体监事会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。 长缆科技集团股份有限公司（以下简称"公司"）第五届监事会第十次会议于 2025 年 06 月 20 日在公司会议室召开。会议通知以专人送达、电话等方式已于 2025 年 06 月 17 日向各监事发出。本次会议应出席监事 3 人，实际出席监事 3 人。本次会议的召集、召开程序符合《公司法》等有关法律、法规及《公司章程》 的规定。 本次会议由夏岚女士召集和主持，公司部分高管列席了会议，形成决议如下： 一、审议通过了《关于公司符合向特定对象发行股票条件的议案》 证券代码：002879 证券简称：长缆科技 公告编号：2025-022 长缆科技集团股份有限公司 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司证券发 行注册管理办法》等有关法律、法规及规范性文件的规定，结合公司实际情况， 对照上市公司向特定对象发行股票的相关资格、条件的要求逐项核查，监事会认 为公司符合向特定对象发行股票的各项规定和要求。 表决结果：有效表决票 3 票，同意票 3 票，反对票 0 票，弃权票 0 ...

6、《长缆科技集团股份有限公司未来三年（2025-2027 年）股东分红回报规 划》符合《上市公司监管指引第 3 号——上市公司现金分红》及《公司章程》等 相关文件的规定，进一步明确了公司对股东的合理投资回报，充分考虑了公司的 可持续发展，有利于维护公司股东尤其是中小股东依法享有的股东权利； 7、根据中国证券监督管理委员会的相关规定，公司就本次向特定对象发行 股票事宜对即期回报摊薄的影响进行了分析，并提出了具体的填补回报措施，且 公司控股股东、实际控制人、全体董事和高级管理人员对此作出了承诺。我们认 为公司拟采取的填补措施可有效降低本次发行对公司即期收益的摊薄作用，充分 保护公司股东特别是中小股东的利益； 8、公司本次向特定对象发行股票事项有利于公司在生产效率、生产成本、 产品质量等方面形成与竞争对手的差异化优势，深化在整个电缆附件及配套产品 领域的产业布局，增强公司在下游领域的服务覆盖能力，从而有利于提升上市公 司抗风险能力、持续盈利能力和综合竞争力，以保障全体股东的利益； 长缆科技集团股份有限公司 监事会关于公司 2025 年度向特定对象 发行股票相关事项的书面审核意见 根据《中华人民共和国公司法》（以下 ...

证券代码：002879 证券简称：长缆科技 公告编号：2025-021 长缆科技集团股份有限公司 第五届董事会第十次会议决议公告 本公司及全体董事会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。 长缆科技集团股份有限公司（以下简称"公司"）第五届董事会第十次会议于 2025 年 6 月 20 日在公司会议室以现场及通讯方式召开，会议通知以直接送达、 电话等方式于 2025 年 6 月 17 日向各位董事发出。本次会议应参加董事 9 名，实 际参加董事 9 名，本次会议的召开符合《公司法》等有关法律、法规及《公司章 程》的规定。 本次会议由董事长俞涛先生主持，公司部分高级管理人员列席了会议。经与 会董事审议，形成了如下决议： 一、审议通过了《关于公司符合向特定对象发行股票条件的议案》 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司证券发 行注册管理办法》等有关法律、法规及规范性文件的规定，结合公司实际情况， 对照上市公司向特定对象发行股票的相关资格、条件的要求逐项核查，董事会认 为公司符合向特定对象发行股票的各项规定和要求。 本项议案已经公司独立董事专门会议审议通 ...

Group 1: Company Performance and Strategy - The company adheres to an "innovation-driven development strategy," focusing on continuous technological breakthroughs to promote high-quality growth [2] - Significant investments in R&D have been made, particularly in advanced materials, product molding processes, high voltage products, and smart cable accessories [2] - A joint research center with Xi'an Jiaotong University has been established to enhance R&D capabilities and foster talent development [2] Group 2: Product and Market Advantages - Double River Energy has established advantages in the natural ester insulating oil sector, characterized by high flash and fire points, biodegradability, and strong overload capacity [3] - Natural ester insulating oil has been successfully applied in major projects, including the world's first natural ester transformer and a 110kV offshore photovoltaic project [3] - The company plans to accelerate the development and market expansion of natural and synthetic ester insulating oils in response to global energy transition demands [3] Group 3: Industry Competition Landscape - The cable accessory industry exhibits a "pyramid" structure, with intense competition in the low and medium voltage markets due to low technical barriers [3] - In the high voltage cable accessory sector, higher technical barriers lead to increased industry concentration, with key competitors including Longyuan Group, Hancable, and foreign firms like Sumitomo and Prysmian [3] - The company is among the few globally capable of independently developing and producing ultra-high voltage cable accessories, achieving a technical level comparable to leading international firms [3] Group 4: R&D Progress - In 2024, the company collaborated with China Three Gorges Construction Group and China Electric Power Research Institute to develop innovative 750kV cable accessories, achieving national-level product certification [3] - This technological breakthrough fills a domestic gap and signifies that the company has reached an internationally leading level in ultra-high voltage cable accessory technology [3]

Group 1: Product Development and Innovation - The company has made significant progress in the development of 750kV cable accessories, achieving a major technological breakthrough with two innovative products that have passed national-level technical certification, marking a leading position in ultra-high voltage cable accessory technology [2] - The 290/500kV cross-linked polyethylene insulated power cable accessories and ±525kV direct current cable accessories have been successfully applied in key projects, indicating a successful transition to higher voltage levels [3] - The company has established a complete technical system for cable accessories, focusing on high voltage product development and smart cable accessories [3] Group 2: Environmental and Safety Advantages - Double River Energy has developed natural ester insulating oil, which is biodegradable, non-toxic, and has high flash and fire points, making it an ideal environmentally friendly insulating oil for transformers [3] - The natural ester insulating oil has been successfully applied in various projects, including the world's first natural ester three-dimensional core transformer [3] Group 3: Market Expansion and Performance Drivers - The company has successfully entered international markets, including Italy, the USA, Uruguay, Oman, and Algeria, achieving export sales of its full range of products [3] - The company emphasizes an "innovation-driven development strategy," continuously increasing R&D investment to maintain its technological leadership and core competitiveness [3] - A joint research center has been established with Xi'an Jiaotong University to enhance R&D capabilities and foster talent development [3]

Group 1: Overseas Business Development - In 2024, the company successfully entered international markets including Italy, the USA, Uruguay, Oman, and Algeria, achieving export sales of its entire product range [2]. Group 2: Technological Advantages in Natural Ester Insulating Oil - Double River Energy has established technological and customer advantages in the natural ester insulating oil sector, which is characterized by high flash points, high ignition points, biodegradability, low carbon emissions, and strong overload capacity [2]. - In 2024, Double River Energy increased R&D investment and participated in a national key technology project for plant-based insulating oil for ultra-high voltage transformers [2]. Group 3: R&D Achievements and Commercialization - The company has demonstrated strong capabilities in the industrial application of R&D achievements, successfully developing cross-linked polyethylene insulating power cable accessories for 290/500kV and ±525kV (±535kV) [3]. - In 2022, the company made significant breakthroughs in the 330kV-500kV product series, marking its entry into the commercial application phase within urban power transmission networks [3]. - In 2024, the company collaborated with China Three Gorges Construction Group and China Electric Power Research Institute to develop innovative products for 750kV cross-linked polyethylene insulating power cables, achieving national-level new product technology certification [3]. Group 4: Marketing Channel Advantages - The company has implemented a comprehensive marketing strategy, focusing on building a three-tiered marketing network covering provinces, cities, and counties [3]. - The establishment of 50 specialized sales teams has enhanced market coverage precision and maximized collaborative efficiency [3]. - The company has adopted a customer-centric business transformation, creating a four-in-one incentive system that includes pricing strategy, tiered authorization, cost control, and mechanism innovation [3].

Financial Performance - The company's revenue for Q1 2025 was CNY 269,046,553.50, representing a 35.97% increase compared to CNY 197,870,455.78 in the same period last year[5] - The net profit attributable to shareholders decreased by 84.88% to CNY 2,457,290.03 from CNY 16,252,172.69 year-on-year[5] - The company recorded a 70.55% increase in operating costs, amounting to CNY 189,947,988.68, attributed to higher costs from subsidiaries[7] - Total operating revenue for the current period reached ¥269,046,553.50, a 35.9% increase from ¥197,870,455.78 in the previous period[16] - Net profit for the current period was ¥7,415,198.10, a decrease of 54.4% compared to ¥16,252,172.69 in the previous period[17] - Operating profit decreased to ¥7,038,249.88, down 61.9% from ¥18,461,748.62 in the previous period[17] Cash Flow - The net cash flow from operating activities was negative at CNY -30,915,136.13, a decline of 404.44% compared to CNY 10,154,871.86 in the previous year[5] - Cash flow from operating activities showed a net outflow of ¥30,915,136.13, compared to a net inflow of ¥10,154,871.86 in the previous period[18] - The cash flow from investing activities was negative at CNY -49,042,759.77, an increase of 86.50% compared to the previous year, mainly due to payments for the acquisition of a subsidiary[7] - Cash flow from investing activities resulted in a net outflow of ¥49,042,759.77, increasing from a net outflow of ¥26,297,082.34 in the previous period[19] - Cash flow from financing activities recorded a net outflow of ¥3,524,138.89, compared to a net outflow of ¥98,878,351.24 in the previous period[19] Assets and Liabilities - The company's total assets decreased by 4.17% to CNY 2,461,674,708.75 from CNY 2,568,853,474.60 at the end of the previous year[5] - Current assets decreased from CNY 1,674,377,949.51 to CNY 1,548,633,734.01, a reduction of about 7.52%[13] - Total liabilities decreased from CNY 654,497,557.90 to CNY 536,643,118.18, a reduction of approximately 18.00%[14] - The company's equity increased from CNY 1,914,355,916.70 to CNY 1,925,031,590.57, reflecting a growth of about 0.61%[15] - The company's total assets decreased from CNY 2,568,853,474.60 at the beginning of the period to CNY 2,461,674,708.75 at the end of the period, reflecting a decline of approximately 4.19%[12] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 19,132, with the largest shareholder holding 35.47% of the shares[9] - The company has a total of 8,110,405 shares held in a repurchase account, representing 4.20% of total shares[10] Other Financial Metrics - The weighted average return on equity dropped to 0.14% from 0.93% year-on-year[5] - Basic and diluted earnings per share for the current period were both ¥0.01, down from ¥0.09 in the previous period[18] - The ending cash and cash equivalents balance was ¥401,213,306.94, down from ¥618,740,568.22 in the previous period[19] - The company reported a significant increase in construction in progress, rising by 188.92% to CNY 32,264,071.51 due to increased project investments[7] - The company's financial expenses increased by 106.94% to CNY 151,234.80, primarily due to reduced interest income from bank deposits and increased loan interest from subsidiaries[7] - Accounts receivable decreased from CNY 697,468,754.96 to CNY 659,347,087.72, a decline of approximately 5.46%[13] - Inventory increased from CNY 257,409,376.08 to CNY 266,472,829.14, an increase of about 3.13%[13] - Cash and cash equivalents decreased from CNY 499,580,985.74 to CNY 416,660,116.33, a decline of approximately 16.58%[13] - The company reported a significant decrease in short-term borrowings from CNY 71,167,133.67 to CNY 67,046,527.78, a reduction of about 2.97%[14] - The company’s retained earnings increased from CNY 884,516,687.46 to CNY 886,973,977.49, a growth of approximately 0.28%[15] Audit Information - The company did not undergo an audit for the first quarter report[20]

Group 1 - The core point of the article is that Changlan Technology (002879) reported a revenue of 269 million yuan in the first quarter of 2025, reflecting a year-on-year growth of 35.97% [1] - The net profit for the same period was 2.4573 million yuan, which represents a significant year-on-year decline of 84.88% [1]