Company Overview - Beijing Shuangjie Electric Co., Ltd. was established in 2002 and listed on the Shenzhen Stock Exchange in 2015 under the stock code 300444.SZ [2] - The company has over 2,000 employees and six production bases located in Beijing, Anhui, Inner Mongolia, Xinjiang, Jiangsu, and Hubei [2] - The product matrix covers power distribution and new energy intelligent equipment, with a focus on providing integrated solutions in wind, solar, storage, and charging [2] Financial Performance - In the first three quarters of 2025, the company achieved operating revenue of ¥3,309,345,049.19, representing a year-on-year growth of 29.08% [2] - The net profit attributable to shareholders reached ¥125,078,549.58, with a growth rate of 7.59% [2] Business Growth and Strategy - Domestic business is experiencing steady growth, driven by a dual-engine model of intelligent electrical and new energy sectors [3] - The intelligent electrical segment is expected to maintain reasonable growth due to increased fixed asset investment in the power grid [3] - The new energy segment aims to align with national power system construction needs, focusing on integrated solutions for source, network, load, and storage [3] Project Developments - The integrated source-network-load-storage project is progressing well, expected to produce 55,200 tons of high-carbon ferrochrome alloy and 400,000 kW of wind power capacity [4] - The project will meet approximately 50% of its electricity needs through self-generated green power, with over 85% of total electricity consumption sourced from green electricity [4] Market Opportunities - The company has been exporting products to the EU since 2012, covering over 20 countries and regions, with a focus on high-end, customized, and environmentally friendly products [6] - Recent orders for intelligent electrical products in overseas markets have increased significantly compared to previous years [6] Competitive Advantages - The company has established a strong reputation in the transformer industry, recognized for product quality and delivery capabilities [7] - It has obtained UL and CE certifications, allowing direct access to North American and European markets [7] Risk Management - The company employs a combination of hedging and locking in spot prices to manage raw material price fluctuations [7] - Recent copper price trends have been managed effectively, keeping cost variations within controllable limits [7] Profitability Analysis - Domestic power equipment gross margins remain stable, while export margins are significantly higher due to competitive advantages and favorable policies [7] - The company prioritizes quality and focuses on order structure and profitability, enhancing overall profit margins in overseas markets [7]

Company and Industry Summary Company Overview - The company, established in 2002, specializes in the power industry and has over 2,000 employees with six production bases, achieving a capacity of over 10 billion [3][4] - It has developed a complete product line from smart electrical equipment to new energy intelligent equipment, establishing a dual-driven development pattern of "smart electrical + new energy" [3][4] Industry and Market Dynamics - The smart electrical business is expected to grow by 20%-30% in revenue by 2026, benefiting from a 20%-30% increase in bidding prices from State Grid and Southern Grid, leading to significant recovery in gross and net profits [2][13] - The overseas business is entering an explosive growth phase, with contract amounts in the first two months of 2026 increasing nearly threefold year-on-year [2][5] - The solid-insulated ring network cabinet has over 50% market share in Northern Europe, with a gross margin 10 percentage points higher than domestic levels [2][4][7] Key Business Segments Smart Electrical Equipment - The smart electrical segment remains a stable foundation, maintaining double-digit growth [3][4] - The company has been a leading bidder for State Grid and Southern Grid projects, ranking in the top five for Southern Grid bids in recent years [3][4] New Energy Business - The new energy segment is expected to maintain a high growth rate of 30%-50%, with proprietary products accounting for over 30% of the value in photovoltaic projects [2][5] - The company has developed a "source-network-load-storage integration" zero-carbon park model, with project equipment and service value accounting for 50%-70% of total investment [2][5][6] Transformer Business - The transformer business has received UL/CE certification, with production capacity increasing from 1 billion to 1.5-2 billion, expected to contribute 100-200 million in high-profit revenue in 2026 [2][5][13] - The company is transitioning from OEM exports to direct exports to Europe and North America, with plans to sign more agents for market expansion [8][9][10] Financial Outlook - In Q1 2026, the company expects to confirm approximately 400 million in investment gains from equity swaps [2][13] - The company anticipates that overseas business revenue will significantly contribute to profits, although specific revenue targets are not set [14][15] Strategic Initiatives - The company is focusing on digital transformation to reduce costs and improve management transparency, with significant reductions in procurement costs expected in 2024 and 2025 [4][5] - It is also adapting its charging and swapping business model to include "equipment + investment + operation," particularly in the heavy truck charging station sector [2][5] Risks and Challenges - The company is addressing potential supply chain risks for core components in transformer production by designing and manufacturing key parts in-house and assembling them in third countries for export [9][10] - Strategies for managing raw material price fluctuations include hedging and locking in spot prices [9][10] Conclusion - The company is well-positioned for growth in both domestic and international markets, with a strong focus on innovation and comprehensive service offerings across the energy sector. The strategic emphasis on quality over quantity in overseas orders is expected to enhance profitability while navigating market challenges effectively [14][15]

Company Overview - Beijing Shuangjie Electric Co., Ltd. was established in 2002 and listed on the Shenzhen Stock Exchange in 2015 under the stock code 300444.SZ [2] - The company has over 2,000 employees and six production bases located in Beijing, Anhui, Inner Mongolia, Xinjiang, Jiangsu, and Hubei [2] - The product matrix covers power distribution and new energy intelligent equipment, with a focus on providing integrated solutions in wind, solar, storage, and charging [2] Financial Performance - In the first three quarters of 2025, the company achieved a revenue of ¥3,309,345,049.19, representing a year-on-year growth of 29.08% [2] - The net profit attributable to shareholders reached ¥125,078,549.58, with a year-on-year increase of 7.59% [2] Market Expansion - The company has seen growth in overseas contracts, particularly in Europe, with increased orders from regions like Sweden and new entries in Portugal [3] - The company has obtained UL certification for transformers in North America and CE certification in Europe, enhancing its overseas market presence [3] Zero Carbon Initiatives - The company has developed a one-stop service capability for zero-carbon parks, covering design, manufacturing, construction, operation, and energy management [3] - A project in Inner Mongolia aims to produce 552,000 tons of high-carbon ferrochrome with a wind power capacity of 400,000 kW and a storage scale of 60,000 kW/240,000 kWh, utilizing over 85% green electricity [4] Risk Management - The company employs a combination of hedging and locking in spot prices to manage raw material price fluctuations [4] - Internal digital upgrades and supply chain management have contributed to cost reduction and efficiency improvements [4] Regulatory Impact - The new EU regulations prohibiting the use of sulfur hexafluoride in medium and low voltage distribution equipment below 24kV are expected to positively impact the company's order situation [5] - The company's solid insulation ring network cabinets and low-carbon products have gained competitive advantages in the European market due to their compliance with environmental standards [5] Profitability Insights - Domestic power equipment maintains stable gross margins, while export margins, particularly to Europe, are significantly higher due to favorable policies [5] - The company anticipates steady growth in both intelligent electrical and new energy businesses, with improved order quality and profitability expected in 2026 [6]

证券代码：300444 证券简称：双杰电气 公告编号：2026-011 北京双杰电气股份有限公司 第六届董事会第十一次会议决议公告 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、会议召开情况 北京双杰电气股份有限公司（以下简称"公司"）第六届董事会第十一次会 议通知已于2026年3月6日分别以电话、通讯、电子邮件的形式送达各位董事， 董事会会议通知中包括会议的相关材料，同时列明了会议的召开时间、地点、内 容和方式。本次会议于2026年3月10日10时以通讯和现场方式在公司总部会议室 召开，本次会议应出席董事9名，实际出席董事9名，公司高级管理人员列席了 会议。会议由董事长赵志宏先生主持。本次会议的召开和表决程序符合《中华人 民共和国公司法》等法律法规和《公司章程》的有关规定。 二、会议表决情况 《关于取消召开2026年第二次临时股东会的议案》 公司董事会收到原第六届董事会独立董事候选人马凡华先生的通知，因任职 学校未通过其校外兼职申请，马凡华先生向公司提出放弃公司第六届董事会独立 董事候选人资格。据此，董事会同意取消马凡华先生为公司第六届董事会独立董 事 ...

证券代码：300444 证券简称：双杰电气 公告编号：2026-012 北京双杰电气股份有限公司（以下简称"公司"）于 2026 年 3 月 2 日召 开了第六届董事会第十次会议，审议通过了《关于召开 2026 年第二次临时股 东会的议案》，公司拟于 2026 年 3 月 19 日（星期四）14：50 召开公司 2026 年第二次临时股东会，具体内容详见公司在巨潮资讯网披露的《关于召开 2026 年第二次临时股东会的通知》（公告编号：2026-008）。 公司于 2026 年 3 月 10 日召开第六届董事会第十一次会议，审议通过了 《关于取消召开 2026 年第二次临时股东会的议案》，同意取消公司原定于 2026 年 3 月 19 日召开的 2026 年第二次临时股东会。具体情况如下： 一、取消的股东会基本情况 1、取消的股东会届次：2026 年第二次临时股东会 2、取消的股东会召集人：董事会 3、取消的股东会会议时间： 北京双杰电气股份有限公司 关于取消召开 2026 年第二次临时股东会的通知 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。 址：北京市海淀 ...

证券代码：300444 证券简称：双杰电气 公告编号：2026-007 北京双杰电气股份有限公司 关于独立董事辞职暨补选公司独立董事的公告 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、基本情况概述 北京双杰电气股份有限公司（以下简称"公司"）于近日收到独立董事曾少 军先生递交的书面辞职报告。因个人工作原因，公司独立董事曾少军先生申请辞 去公司第六届董事会独立董事职务及董事会相关专门委员会委员职务，辞职后不 再担任公司任何职务。其上述职务的原定任期至2027年12月31日第六届董事会 任期届满之日止。截至本公告披露日，曾少军先生未持有公司股份，亦不存在应 当履行而未履行的承诺事项。 根据《公司法》《深圳证券交易所上市公司自律监管指引第2号——创业板 上市公司规范运作》《上市公司独立董事管理办法》及《公司章程》等有关规定， 曾少军先生将在股东会选举产生新任独立董事后离任，在补选出的新任独立董事 就任前，独立董事曾少军先生将依照法律、行政法规和《公司章程》的规定继续 履行独立董事职务。 曾少军先生在担任公司独立董事期间恪尽职守、勤勉尽责，在促进公司规范 运作 ...

证券代码：300444 证券简称：双杰电气 公告编号：2026-009 北京双杰电气股份有限公司 独立董事提名人声明与承诺 提名人北京双杰电气股份有限公司董事会现就提名马 凡华为北京双杰电气股份有限公司第六届董事会独立董事 候选人发表公开声明。被提名人已书面同意作为北京双杰 电气股份有限公司第六届董事会独立董事候选人（参见该 独立董事候选人声明）。本次提名是在充分了解被提名人职 业、学历、职称、详细的工作经历、全部兼职、有无重大 失信等不良记录等情况后作出的，本提名人认为被提名人 符合相关法律、行政法规、部门规章、规范性文件和深圳 证券交易所业务规则对独立董事候选人任职资格及独立性 的要求，具体声明并承诺如下事项： 一、被提名人已经通过北京双杰电气股份有限公司第 六届董事会提名委员会资格审查，提名人与被提名人不存 在利害关系或者其他可能影响独立履职情形的密切关系。 是 □ 否 如否，请详细说明：____________________________ 二、被提名人不存在《中华人民共和国公司法》第一 百七十八条等规定不得担任公司董事的情形。 是 □ 否 如否，请详细说明：____________________ ...

北京双杰电气股份有限公司 第六届董事会独立董事候选人关于参加最近一期独立董事培训 特此承诺。 承诺人：马凡华 2026 年 3 月 2 日 并取得独立董事培训证明的承诺函 根据北京双杰电气股份有限公司（以下简称"公司"）第六届董事会第十次 会议决议，本人 马凡华 被提名为公司第六届董事会独立董事候选人。截至 2026 年第二次临时股东会通知发出之日，本人尚未取得深圳证券交易所认可的上市公 司独立董事培训证明。 为更好地履行独立董事职责，本人承诺如下：本人将积极报名参加深圳证券 交易所组织的最近一期独立董事培训，并承诺取得深圳证券交易所认可的上市公 司独立董事培训证明。 ...

声明人马凡华作为北京双杰电气股份有限公司第六届 董事会独立董事候选人，已充分了解并同意由提名人北京 双杰电气股份有限公司董事会提名为北京双杰电气股份有 限公司（以下简称该公司）第六届董事会独立董事候选人。 现公开声明和保证，本人与该公司之间不存在任何影响本 人独立性的关系，且符合相关法律、行政法规、部门规章、 规范性文件和深圳证券交易所业务规则对独立董事候选人 任职资格及独立性的要求，具体声明并承诺如下事项： 一、本人已经通过北京双杰电气股份有限公司第六届 董事会提名委员会资格审查，提名人与本人不存在利害关 系或者其他可能影响独立履职情形的密切关系。 是 □ 否 如否，请详细说明：______________________________ 二、本人不存在《中华人民共和国公司法》第一百七 十八条等规定不得担任公司董事的情形。 证券代码：300444 证券简称：双杰电气 公告编号：2026-010 北京双杰电气股份有限公司 独立董事候选人声明与承诺 是 □ 否 如否，请详细说明：______________________________ 四、本人符合该公司章程规定的独立董事任职条件。 是 □ 否 如否，请详细 ...

证券代码：300444 证券简称：双杰电气 公告编号：2026-008 北京双杰电气股份有限公司 关于召开 2026 年第二次临时股东会的通知 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、召开会议的基本情况 2、股东会的召集人：董事会 3、本次会议的召集、召开符合《中华人民共和国公司法》《深圳证券交 易所创业板股票上市规则》《深圳证券交易所上市公司自律监管指引第 2 号— 创业板上市公司规范运作》等法律、行政法规、部门规章、规范性文件及 《公司章程》的有关规定。 4、会议时间： （1）现场会议时间：2026 年 3 月 19 日 14:50 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间 为 2026 年 3 月 19 日 9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交 易所互联网投票系统投票的具体时间为 2026 年 3 月 19 日 9:15 至 15:00 的任 意时间。 5、会议的召开方式：现场表决与网络投票相结合。 6、会议的股权登记日：2026 年 3 月 13 日 7、出席对象： （1） ...