| 证券代码：300351 | 证券简称：永贵电器 | 公告编码：2025-087 | | --- | --- | --- | | 债券代码：123253 | 债券简称：永贵转债 | | 浙江永贵电器股份有限公司 关于债券持有人可转债持有比例变动达 10%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、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、可转换公司债券基本概况及配售情况 2025 年 12 月 31 日 根据中国证券监督管理委员会《关于同意浙江永贵电器股份有限公司向不特 定对象发行可转换公司债券注册的批复》（证监许可〔2025〕223 号），公司于 2025 年 3 月 13 日向不特定对象发行面值总额 98,000.00 万元可转换公司债券，期限 6 年，每张面值为人民币 100 元，发行数量 980.00 万张，债券简称"永贵转债"， 债券代码"123253"。 公司实际控制人范氏家族通过原股东优先配售，合计认购"永贵转债" 4,759,438 张，占本次发行总量的 48.57%。其中：范永贵先生认购数量为 1,358,428 张，范正军先生认购数量为 792,121 张，范纪军 ...

Investment Rating - The report maintains an "Overweight" rating for the railway equipment industry, indicating a positive outlook compared to the overall market performance [4]. Core Insights - The railway investment in China is projected to remain a highly certain direction, with a total investment of 753.8 billion yuan from January to November 2025, reflecting a year-on-year growth of 5.9%. If this growth rate continues in December, the total railway fixed asset investment for the year is expected to exceed 900 billion yuan, setting a historical record [4]. - The report anticipates that by 2035, the national railway network will reach approximately 200,000 kilometers, including around 70,000 kilometers of high-speed rail, significantly enhancing connectivity to major urban areas and resource-rich regions [4]. - The economic and flexible advantages of railway transportation are highlighted, with a projected increase in both passenger and freight volumes. For instance, the freight volume reached 4.83 billion tons, a year-on-year increase of 2.4%, while passenger volume hit 4.279 billion, growing by 6.6% [4]. - The vehicle segment is expected to benefit the most in the long term, with an additional 20,000 kilometers of high-speed rail planned and a growing demand for new trains as older models reach the end of their lifespan [4]. - The report recommends focusing on the high-speed train industry chain, particularly core suppliers such as CRRC Corporation Limited (for complete trains and key components) and other related companies [4]. Summary by Sections Railway Investment - The total railway investment for 2025 is projected to exceed 900 billion yuan, marking a historical high [4]. - The "14th Five-Year Plan" aims for a railway network of 200,000 kilometers by 2035, enhancing connectivity to major cities and resource areas [4]. Transportation Advantages - The railway system's capacity and cost-effectiveness are emphasized, with a significant increase in both freight and passenger volumes expected [4]. - The government aims to reduce logistics costs, with targets set for 2027 to improve the share of railway freight [4]. Vehicle Segment - The demand for new high-speed trains is expected to rise, with a current fleet of 5,233 high-speed trains, including 2,248 Fuxing trains [4]. - The report notes a significant increase in the bidding for high-speed trains, indicating strong demand [4]. Recommended Companies - Key companies to watch include CRRC Corporation, Sifang Control, and others involved in the high-speed rail supply chain [4].

Core Viewpoint - The actual controllers of Yonggui Electric (300351.SZ) have notified the company about their plan to reduce their holdings in "Yonggui Convertible Bonds" through block trading, indicating a significant divestment by the controlling family [1] Group 1: Shareholder Actions - The actual controller, Mr. Fan Zhengjun, reduced his holdings by 260,121 bonds through block trading [1] - Ms. Lou Aiqin reduced her holdings by 453,846 bonds through block trading [1] - Ms. Lu Suzhen and Ms. Wang Minhua each reduced their holdings by 429,283 bonds through block trading [1] - The total reduction by the Fan family amounts to 1,572,533 bonds, which represents 16.05% of the total issuance of these bonds [1]

| 证券代码：300351 | 证券简称：永贵电器 | 公告编码：2025-086 | | --- | --- | --- | | 债券代码：123253 | 债券简称：永贵转债 | | 浙江永贵电器股份有限公司 关于债券持有人可转债持有比例变动达 10%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、完整，没有虚 假记载、误导性陈述或重大遗漏。 二、债券持有人可转债持有比例变动情况 公司收到实际控制人范正军先生、娄爱芹女士、卢素珍女士及汪敏华女士的 通知，获悉 2025 年 12 月 11 日至 2025 年 12 月 25 日期间，范正军先生以大宗交 易方式减持"永贵转债"260,121 张；娄爱芹女士以大宗交易方式减持"永贵转 债"453,846 张；卢素珍女士以大宗交易方式减持"永贵转债"429,283 张；汪敏 华女士以大宗交易方式减持"永贵转债"429,283 张；实际控制人范氏家族共计 减持"永贵转债"1,572,533 张，占本次债券发行总量的 16.05%。 本次变动后，实际控制人范氏家族合计持有"永贵转债"2,121,471 张，占 本次债券发行总量的21.65%。其中：范永贵 ...

证券之星消息，12月24日轨交设备板块较上一交易日上涨0.89%，永贵电器领涨。当日上证指数报收于 3940.95，上涨0.53%。深证成指报收于13486.42，上涨0.88%。轨交设备板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 300351 | 永慧电器 | 18.63 | 7.32% | 52.53万 | 286.6 | | 300594 | 朗进科技 | 20.47 | 7.06% | 8.17万 | 1.64亿 | | 300960 | 通业科技 | 25.98 | 6.17% | 4.77万 | 1.22亿 | | 688033 | 天宜新材 | 7.05 | 4.75% | 1 31.99万 | 2.22亿 | | 688015 | 交控科技 | 22.72 | 3.23% | 1.84万 | 4123.38万 | | 603500 | 祥和实业 | 11.80 | 2.52% | 4.38万 | 5137.19万 | | 000925 | 众合科技 | ...

Core Viewpoint - The A-share market shows positive momentum with the Shanghai Composite Index closing at 3940.95 points, above the six-month moving average, reflecting a gain of 0.53% [1] Group 1: Market Performance - The total trading volume of A-shares reached 1,897.242 billion yuan today [1] - A total of 193 A-shares have surpassed the six-month moving average, indicating strong market interest [1] Group 2: Individual Stock Performance - The stocks with the highest deviation rates from the six-month moving average include: - Xinjingang (300629) with a deviation rate of 10.73%, closing at 22.66 yuan after a 20.02% increase [2] - Puni Testing (300887) with a deviation rate of 10.50%, closing at 9.32 yuan after a 19.95% increase [2] - Pulit (002324) with a deviation rate of 9.18%, closing at 14.42 yuan after a 9.99% increase [2] - Other notable stocks with significant performance include: - Anhui Heli (600761) with a 9.98% increase and a deviation rate of 7.99% [2] - Wuzhou Special Paper (605007) also increased by 9.97% with a deviation rate of 7.99% [2] - Beijing Culture (000802) saw a 10.11% increase with a deviation rate of 7.39% [2]

| 代码 | 名称 | | 涨幅% ↓ | 总市值 | 年初至今涨幅% | | --- | --- | --- | --- | --- | --- | | 920662 | 方盛股份 | 4 | 12.27 | 29.24 乙 | 68.15 | | 300870 | 欧陆通 | 1 | 11.38 | 276亿 | 137.26 | | 603090 | 宏盛股份 | 演 | 10.01 | 61.67亿 | 256.74 | | 301268 | 铭利达 | 1 | 9.39 | 77.88 Z | 17.31 | | 300709 | 精研科技 | 1 | 8.13 | 89.82 (Z | 20.51 | | 002837 | 英维克 | 1 | 7.88 | 1094 Z | 262.69 | | 301248 | 杰创智能 | 1 | 7.70 | 49.00亿 | 100.89 | | 300351 | 永贵电器 | 1 | 7.66 | 72.69亿 | 5.77 | | 301123 | 奕东电子 | 1 | 7.51 | 183亿 | 282.19 | | 603083 | 剑桥科技 | ...

（文章来源：每日经济新闻） 12月24日，A股三大指数高开。创业板新能源ETF华夏（159368）早盘震荡下行，跌幅0.13%。盘面 上，永贵电器上涨8.35%，中伟股份上涨7.96%，鹏辉能源上涨3.45%，盛弘股份、飞荣达等涨超2%； 截至发文，创业板新能源ETF华夏（159368）成交额达2766万元，居同类基金首位。 创业板新能源ETF华夏（159368）是全市场跟踪创业板新能源指数的规模最大ETF基金。创业板新能源 指数主要涵盖新能源和新能源汽车产业，涉及电池、光伏等多个细分领域。创业板新能源ETF华夏 （159368）高弹性，涨幅可达20cm；费率最低，管理费和托管费合计仅为0.2%；规模最大，截至2025 年11月30日，规模达7.32亿元；成交额最大，近一月日均成交7275万元。其储能+固态电池占比近 90%，契合当下市场热点。 消息面上，12月24日，碳酸锂主力合约当日上涨4.08%，延续了近期强劲的上涨趋势。碳酸锂期货价格 已突破12万元/吨关口，市场情绪持续高涨。瑞达期货研报显示，国内碳酸锂社会库存环比减少1044吨 至11.04万吨，去库幅度虽有所放缓但仍保持下降趋势。其中冶炼厂库存降 ...

| 证券代码：300351 | 证券简称：永贵电器 | 公告编码：2025-085 | | --- | --- | --- | | 债券代码：123253 | 债券简称：永贵转债 | | 浙江永贵电器股份有限公司 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、完整，没有虚 假记载、误导性陈述或重大遗漏。 重要内容提示： 1、浙江永贵电器股份有限公司（以下简称"公司"）本次回购注销的 54,698 股限制性股票占公司截至 2025 年 12 月 17 日总股本 388,959,626 股的 0.0141%， 涉及人数为 205 人。回购价格为 6.79 元/股，回购总金额为 371,399.42 元，资金 来源均为自有资金。 2、经中国证券登记结算有限责任公司深圳分公司审核确认，公司本次限制 性股票回购注销事宜已于 2025 年 12 月 22 日办理完成。本次回购注销完成后， 公司总股本将由 388,959,626 股变更为 388,904,928 股。 3、鉴于本次所回购注销限制性股票对公司总股本影响较小，公司可转换公 司债券转股价格不作调整，"永贵转债"转股价格 ...

格隆汇12月22日丨永贵电器(300351.SZ)公布，近日，成都中车四方所科技有限公司（简称"成都中车"） 与浙江永贵电器股份有限公司签订了五份货物买卖合同，合同金额为19,217,061.25元（含税）；中车株 洲电力机车有限公司（简称"中车株洲"）与公司控股子公司江苏永贵新能源科技有限公司（简称"江苏 永贵"）签订了一份货物买卖合同，合同金额合计17,899,200.00元（含税）；以上货物买卖合同总金额 为37,116,261.25元（含税）。 ...