关于选举职工代表董事的公告 本公司及监事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 湖南中科电气股份有限公司（以下简称"公司"）于 2025 年 4 月 22 日召开第六 届董事会第十二次会议，于 2025 年 5 月 16 日召开 2024 年度股东大会审议通过了《关 于修订<公司章程>的议案》。修订后的《公司章程》第九十九条规定"公司职工人数达到 三百人以上时，董事会成员中应当有公司职工代表。董事会中的职工代表由公司职工通 过职工代表大会、职工大会或者其他形式民主选举产生，无需提交股东会审议。" 根据《公司章程》的规定，公司于 2025 年 5 月 16 日召开职工代表大会，经与会 职工代表认真审议，一致同意选举王志勇先生为公司第六届董事会职工代表董事，任期 至公司第六届董事会届满之日止。现根据《公司章程》规定及公司职工代表大会选举情 况，王志勇先生由原公司第六届董事会非职工代表董事变更为公司第六届董事会职工代 表董事，公司第六届董事会构成人员不变。 董事会中兼任公司高级管理人员以及由职工代表担任的董事人数总计未超过公司 董事总数的二分之一。 特此公告。 证券代码 ...

证券代码：300035 证券简称：中科电气 公告编号：2025-030 湖南中科电气股份有限公司 2024 年度股东大会决议公告 特别提示： 1、本次股东大会无增加、变更、否决提案的情形； 2、本次股东大会无涉及变更前次股东大会决议的情形。 一、会议召开和出席情况 湖南中科电气股份有限公司（以下简称"公司"）2024 年度股东大会于 2025 年 5 月 16 日（星期五）下午 2：30 在湖南省长沙市岳麓区梅溪湖街道泉水路 32 号亿达中建智 慧科技园 3 栋五楼会议室以现场投票和网络投票相结合的方式召开。本次股东大会由公 司董事会召集，董事长余新女士主持，公司部分董事、监事、高级管理人员及公司聘任 的见证律师列席了本次股东大会。会议的召集、召开与表决程序符合《公司法》和《公 司章程》的规定。 出席现场会议及参加网络投票的股东、股东代表及股东代理人共 365 名，代表 366 名股东，代表公司有表决权的股份数为 171,403,814 股，占公司有表决权股份总数的 25.0069％。其中：出席现场会议的股东及股东代理人 2 人，代表 3 名股东，代表公司有 表决权的股份数为 124,924,691 股，占公 ...

北京市朝阳区建外大街丁 12 号英皇集团中心 8、9、11 层 8/9/11/F, Emperor Group Centre, No.12D, Jianwai Avenue, Chaoyang District, Beijing, 100022, P.R.China 电话/Tel.:010-50867666 传真/Fax:010-56916450 网址/Website:www.kangdalawyers.com 北京 西安 深圳 海口 上海 广州 杭州 沈阳 南京 天津 菏泽 成都 苏州 呼和浩特 香港 武汉 郑州 长沙 厦门 重庆 合肥 宁波 济南 北京市康达律师事务所 关于湖南中科电气股份有限公司 2024 年度股东大会的法律意见书 康达股会字【2025】第 0205 号 致：湖南中科电气股份有限公司 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《上市公司股东 会规则》（以下简称"《规则》"）、《深圳证券交易所上市公司股东会网络投票实 施细则（2025 年修订）》（以下简称"《实施细则》"）、《湖南中科电气股份有限 公司章程》（以下简称"《公司章程》"）及湖南中科电气股份有限公司（以下简称 " ...

Investment Rating - The industry investment rating is maintained as "Leading the Market" [12] Core Viewpoints - The battery production in April 2025 reached 118.2 GWh, showing a year-on-year growth of 49.0% [5] - Battery sales also increased significantly, with a year-on-year growth of 73.5%, indicating strong demand [5] - Exports of batteries grew by 64.2% year-on-year, reflecting the industry's expanding international market [5] - The top three companies in battery installation volume are CATL, BYD, and Zhongchuang Xinhang, with market shares of 39.44%, 26.35%, and 7.02% respectively [5] Summary by Sections Production and Sales Data - In April 2025, the total battery production was 118.2 GWh, with a slight month-on-month decrease of 0.03% but a significant year-on-year increase of 49.0% [5] - The production of lithium iron phosphate batteries accounted for 80.0% of the total, with a year-on-year growth of 68.6% [5] - Battery sales reached 118.1 GWh in April, with a month-on-month increase of 2.3% and a year-on-year increase of 73.5% [5] Export Performance - Total battery exports in April were 22.3 GWh, with a year-on-year increase of 64.2% [5] - The export volume of power batteries was 14.5 GWh, representing 64.8% of total exports, with a year-on-year growth of 53.6% [5] Market Dynamics - The demand for batteries remains strong, supported by the production and sales data [11] - The competitive landscape is stable, with leading companies like CATL and BYD maintaining their market positions [5][11] - The report suggests a positive outlook for the industry, with recommendations to focus on leading companies such as CATL and Zhongke Electric [11]

Industry Overview - The magnetic application equipment industry in China is experiencing steady growth, with a market size reaching approximately 27.623 billion yuan in 2023, representing a year-on-year increase of 6% [1][9] - The market size is projected to reach 28.981 billion yuan in 2024, with a growth rate of 6.3% [1][9] - The future growth of the industry is supported by national policies promoting industrial upgrades, the development of new energy, and the rise of high-end manufacturing [1][9] Industry Chain Analysis - The industry chain includes upstream suppliers of magnetic materials, midstream manufacturers of magnetic application equipment, and downstream users across various sectors such as mining, industrial manufacturing, transportation, energy, and healthcare [3] - Upstream suppliers provide essential materials like rare earth metals for high-performance permanent magnets and soft magnetic materials [3] Development History - The industry has evolved through several stages, starting from the mid-20th century with limited technology and small-scale production, to a rapid development phase in the 21st century characterized by high-end technology breakthroughs and an expanding international presence [5] Current Market Analysis - The magnetic application equipment market is projected to continue expanding, driven by increasing demand in sectors such as electric vehicles and mining [9][11] - The industrial manufacturing sector accounts for 38% of the market, followed by the energy sector at 30%, and healthcare at 10% [11] Key Enterprises - Major companies in the industry include Zhongke Electric, Longi Electromagnetic, Huate Magnetic, and others, each focusing on different aspects of magnetic application technology [13][14] - Zhongke Electric reported a revenue of 5.581 billion yuan in 2024, with a year-on-year growth of 13.71% [16] - Longi Electromagnetic achieved a revenue of 679 million yuan in 2023, with a growth of 9.75% [18] Future Development Trends - High-performance material research is crucial for the industry's growth, focusing on improving the properties of rare earth permanent magnets and superconducting materials [20] - The integration of smart technology and automation is transforming equipment operation, enhancing efficiency and product quality [21][22] - The industry is shifting towards high-end manufacturing and upgrading, with a focus on collaboration among companies to enhance competitiveness [23]

Economic Information - In April, the housing rental industry entered a low season, with the average residential rent in 50 cities decreasing by 0.32% month-on-month to 35.2 yuan per square meter per month, and a year-on-year decline of 3.40% [2] - The global N-type SiC substrate industry is expected to see a revenue decrease of 9% in 2024, amounting to $1.04 billion, due to weakened automotive and industrial demand, increased market competition, and significant price drops [2] Company Alerts - Spring光科技 has announced that its stock is subject to irrational market speculation risk [3] - 博云新材's shareholder 高创投 plans to reduce its stake by no more than 3% [3] - Other companies such as 龙江交通, 海南海药, and 赛摩智能 also have shareholders planning to reduce their stakes by up to 3% [3][5] Overseas Market Alerts - COMEX gold futures fell by 2.76% to $3,240.1 per ounce, while silver futures decreased by 0.42% to $32.775 per ounce [2] - Citigroup forecasts that gold will consolidate in the range of $3,000 to $3,300 per ounce in the coming months, adjusting its 0-3 month target price to $3,150 per ounce [2] - Russia's oil production is expected to recover to 10.8 million barrels per day due to global demand growth and changes in domestic investment and taxation [3]

证券代码：300035 证券简称：中科电气 公告编号：2025-029 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 1、持有本公司股份 13,929,942 股（占本公司总股本比例 2.0323%）的董事、总经 理皮涛先生计划自本公告披露之日起十五个交易日后三个月内以集中竞价交易及大宗 交易方式合计减持本公司股份不超过 3,482,485 股（占本公司总股本比例 0.5081%）。 2、持有本公司股份 3,500,000 股（占本公司总股本比例 0.5106%）的董事、副总经 理、董事会秘书张斌先生计划自本公告披露之日起十五个交易日后三个月内以集中竞价 交易及大宗交易方式合计减持本公司股份不超过 875,000 股（占本公司总股本比例 0.1277%）。 3、持有本公司股份 24,000 股（占本公司总股本比例 0.0035%）的独立董事肖劲先 生计划自本公告披露之日起十五个交易日后三个月内以集中竞价交易方式合计减持本 公司股份不超过 6,000 股（占本公司总股本比例 0.0009%）。 湖南中科电气股份有限公司 关于部分董事、高级管理人员股份减持计划的预披露公告 公司董 ...

Group 1: Business Growth and Strategy - The company aims to leverage opportunities in the electromagnetic metallurgy and lithium battery anode materials sectors to achieve sustained growth [2] - The lithium-ion battery anode material shipment volume is expected to continue increasing due to the expanding electric vehicle market and rapid development of the energy storage industry [3][4] - The company is focusing on professional and international development, enhancing product competitiveness through continuous technological innovation and product upgrades [2] Group 2: Financial Performance and Cash Flow - The company anticipates a negative operating cash flow for 2024 due to increased accounts receivable and reliance on bill payments, which will improve as business develops [3] - The company plans to implement the 2024 profit distribution plan within two months after shareholder approval [3] Group 3: Product Development and Market Position - The company has developed products in solid-state battery materials, including silicon-carbon and lithium metal anodes, with pilot production lines established [3] - The company is currently in the mass production introduction phase for hard carbon anodes required for sodium-ion batteries [6] Group 4: Market Challenges and Risk Management - The company's overseas sales account for 2.22% of total sales, with minimal impact from recent tariff increases [8] - The company is closely monitoring policy changes and is actively advancing the construction of overseas production bases to enhance risk resilience [8] Group 5: Future Outlook and Goals - The company aims to become a leading brand in lithium-ion battery anode materials and a pioneer in electromagnetic technology innovation [8] - The company is committed to maintaining technological leadership in fast-charging anode materials through continuous innovation and product upgrades [8]

Core Insights - The electric vehicle sector showed a recovery in Q1 2025 after a decline in Q4 2024, with significant improvements in revenue and net profit [1][2][4] Group 1: Financial Performance - In Q1 2025, the sector's revenue reached 790.2 billion yuan, reflecting a 9% increase year-on-year but a 26% decrease quarter-on-quarter [1][2] - The net profit attributable to shareholders in Q1 2025 was 40.9 billion yuan, marking a 38% increase year-on-year and a 41% increase quarter-on-quarter [1][2] - The gross margin in Q1 2025 was 17%, a slight decrease of 1 percentage point year-on-year but an increase of 4 percentage points quarter-on-quarter [4] Group 2: Profit Contribution by Segment - In Q1 2025, the profit contribution from batteries was 38%, down 4 percentage points year-on-year, while the contribution from complete vehicles was 37%, down 7 percentage points [1][2] - The profit share from midstream materials remained stable at 8%, while lithium carbonate saw a 10% increase in profit contribution to 4% [1][2] Group 3: Market Trends and Outlook - The overall market for electric vehicles remained robust, with global sales reaching 5.82 million units in Q4 2024, a 33% increase year-on-year [2] - The industry is expected to grow by 25% in 2025, driven by a 25% increase in domestic electric vehicle sales and more than double growth in emerging markets and Europe for energy storage [4][5] - The report highlights a positive outlook for leading battery manufacturers and material suppliers, with specific recommendations for companies like CATL, BYD, and others [5]

Investment Rating - The report maintains a "Buy" rating for the company [4][6] Core Views - The company has shown significant growth in net profit for both the 2024 annual report and the 2025 Q1 report, with a notable increase in the anode business and potential for overseas market expansion [4][9] - The forecasted earnings per share for 2025-2027 have been adjusted to 0.91, 1.17, and 1.46 RMB respectively, reflecting a positive outlook for the company's performance [6][8] Summary by Sections Financial Performance - The company reported a revenue of 5,581 million RMB for 2024, a year-on-year increase of 13.72%, and a net profit of 303 million RMB, up 626.56% [9][10] - In Q1 2025, the company achieved a revenue of 1,598 million RMB, a 49.92% increase year-on-year, with a net profit of 134 million RMB, reflecting a growth of 465.80% [11] Business Development - The anode materials business has seen a significant increase in output, with a total shipment of 225,700 tons in 2024, representing a 55.66% year-on-year growth [9] - The company has successfully developed international clients, including a well-known battery subsidiary of an international automotive company, and is expanding its production capacity in Morocco [9] Valuation Metrics - The adjusted earnings per share forecasts for 2025, 2026, and 2027 are 0.91, 1.17, and 1.46 RMB, with corresponding price-to-earnings ratios of 17.1, 13.3, and 10.6 [6][8] - The company’s projected revenue growth rates for 2025, 2026, and 2027 are 23.8%, 20.2%, and 21.5% respectively [8][12]