| 证券代码：300462 | 证券简称：ST华铭 | | --- | --- | | 债券代码：124002 | 债券简称：华铭定转 | | | 公告编号：2025-052 | 上海华铭智能终端设备股份有限公司 关于"华铭定 02"回售结果 二、本次可转换公司债券回售结果及本次回售对公司的影响 "华铭定 02"回售申报期已于 2025 年 9 月 5 日届满，根据债券持有人向公 司申报的情况，"华铭定 02"本次回售有效申报数量为 500,000 张，回售金额为 50,126,000.00 元（含息、税），剩余未回售债券数量为 0 张。公司已根据有效回 售的申报数量将回售资金足额支付给债券持有人，投资者回售资金到账日为 2025 年 9 月 9 日。 本次回售为全额回售，实施完毕后，"华铭定 02"已全部注销。 本次"华铭定 02"回售不会对公司的股本结构、经营成果产生影响，不会 对公司的财务状况、现金流量产生重大影响，不会损害公司的债务履行能力和持 续经营能力。 暨债券持有人所持可转换公司债券比例变动达到 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 ...

Trading Information Summary - As of September 5, 2025, ST Huaming (300462) closed at 10.11 yuan, up 1.51%, with a turnover rate of 2.12% and a trading volume of 29,000 hands, resulting in a transaction amount of 29.11 million yuan [1] - On September 5, the net outflow of main funds was 1.86 million yuan, while retail investors saw a net inflow of 2.32 million yuan [3] Company Announcement Summary - ST Huaming received an administrative penalty notice from the Shanghai Regulatory Bureau of the China Securities Regulatory Commission (CSRC), leading to the implementation of other risk warnings on its stock since July 8, 2025 [1][3] - The company has corrected previous accounting errors and plans to disclose the revised annual report and related documents by October 27, 2023 [1] - The company is organizing relevant departments and auditors to review the matters involved, and if there are unrectified issues, it will fulfill its information disclosure obligations [1] - The company can apply to lift the other risk warning after completing the retrospective restatement of financial reports and after 12 months from the CSRC's administrative penalty decision [1]

上海华铭智能终端设备股份有限公司（以下简称"公司"）及相关当事人于 2025年7月4日收到中国证券监督管理委员会上海监管局下发的《行政处罚事先告 知书》（沪证监处罚字〔2025〕11号），根据《行政处罚事先告知书》认定的情 况，公司涉及的违法违规行为触及《深圳证券交易所创业板股票上市规则》第9.4 条第七项规定的被实施其他风险警示情形，公司股票于2025年7月8日起被实施其 他风险警示。 | 证券代码：300462 | 证券简称：ST华铭 | 公告编号：2025-051 | | --- | --- | --- | | 债券代码：124002 | 债券简称：华铭定转 | | | 债券代码：124014 | 债券简称：华铭定02 | | 上海华铭智能终端设备股份有限公司 关于公司股票被实施其他风险警示相关事项的进展公告 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。 特别提示： 1、公司于2025年7月5日披露了《关于收到中国证券监督管理委员会上海监 管局<行政处罚事先告知书>的公告》（公告编号：2025-027），根据《深圳证券 交易所创业板股票上市规则》第9. ...

Summary of Conference Call Records Industry Overview: Power Equipment Key Points on Domestic and International Demand - The acceleration of ultra-high voltage (UHV) project approvals is expected, with multiple AC lines approved in the second half of the year, significantly higher than the first half. The total investment for the Shaanxi to Henan and Nanjing to Sichuan projects exceeds 30 billion yuan [1] - The investment budget for distribution networks is projected to grow by approximately 5% in 2025, focusing on smart technology, replacement of old equipment, and energy-saving renovations. Investment in grid intelligence is expected to increase by 60% year-on-year [1][5] - The European power market is seeing substantial investment in grid upgrades, with the EU planning to invest 584 billion euros by 2030, with one-third for transmission and two-thirds for distribution [1][7] Core Insights and Arguments - The approval of UHV projects is expected to increase from 2-3 AC lines in 2024 to 4-5 in 2025, indicating a significant growth trajectory [4] - The regional joint procurement in the distribution network sector has pressured the gross margins of leading companies by about 10 percentage points, but it has also increased market share for companies like XJ Electric, Samsung Medical, and Oriental Electronics [5] - The demand for low-voltage transformers and UHV equipment in Europe is rising, with Chinese manufacturers having advantages in conversion efficiency and power density [8] Company-Specific Developments - **Pinggao Electric**: New order growth of approximately 15% in the first half of 2025, with a significant increase in UHV GIS delivery expected from 2026 [11] - **China XD Electric**: Improved gross margins through cost management, with a projected delivery of 30-40 billion yuan in UHV projects for the year [12] - **XJ Electric**: Anticipates a significant increase in delivery volume for UHV products in 2026, with current orders exceeding 3 billion yuan [13] - **Siyuan Electric**: Actively expanding in the North American data center market, with a projected net profit growth of about 30% for 2025 [15] - **Samsung Medical**: Achieved a 124% year-on-year increase in overseas distribution network orders, with a projected net profit growth of 10-15% [16] - **Huaming Equipment**: European market contributes 50% of overseas revenue, with a projected net profit growth of about 15% [17] - **Guodian NARI**: Strong performance in the low-carbon energy sector, with expected revenue growth of 14-15% [18] - **Sifang Co.**: Domestic business exceeded expectations, with a 15% growth in main network orders [19] Other Important Insights - The focus on smart grid investments is expected to reshape the competitive landscape in the distribution network sector, benefiting leading companies in the medium term [5] - The North American market is experiencing tight supply for transformers and switches, creating significant opportunities for domestic companies [9] - The overall trend in the power equipment industry indicates a shift towards intelligent and sustainable solutions, aligning with global energy transition goals [10]

2、"华铭定 02"面值：100 元/张 3、回售价格：100.252 元/张（含息、税） | 证券代码：300462 | 证券简称：ST华铭 | 公告编号：2025-050 | | --- | --- | --- | | 债券代码：124002 | 债券简称：华铭定转 | | | 债券代码：124014 | 债券简称：华铭定02 | | 上海华铭智能终端设备股份有限公司 关于"华铭定 02"回售的第六次提示性公告 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。 特别提示： 1、投资者回售选择权：根据《上海华铭智能终端设备股份有限公司发行股 份、可转换债券及支付现金购买资产并募集配套资金暨关联交易报告书（草案） （修订稿）》（以下简称"《重组报告书》"）的约定，债券持有人可回售全部或者 部分未转股的"华铭定 02"。债券持有人有权选择是否进行回售，本次回售不具 有强制性。 4、回售条件满足日：2025 年 8 月 27 日 5、回售申报期：2025 年 9 月 1 日至 2025 年 9 月 5 日 6、投资者回售资金到账日：2025 年 9 月 9 日 7、 ...

| 证券代码：300462 | 证券简称：ST华铭 | 公告编号：2025-049 | | --- | --- | --- | | 债券代码：124002 | 债券简称：华铭定转 | | | 债券代码：124014 | 债券简称：华铭定02 | | 上海华铭智能终端设备股份有限公司 关于"华铭定 02"回售的第五次提示性公告 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。 特别提示： 1、投资者回售选择权：根据《上海华铭智能终端设备股份有限公司发行股 份、可转换债券及支付现金购买资产并募集配套资金暨关联交易报告书（草案） （修订稿）》（以下简称"《重组报告书》"）的约定，债券持有人可回售全部或者 部分未转股的"华铭定 02"。债券持有人有权选择是否进行回售，本次回售不具 有强制性。 2、"华铭定 02"面值：100 元/张 3、回售价格：100.252 元/张（含息、税） 4、回售条件满足日：2025 年 8 月 27 日 5、回售申报期：2025 年 9 月 1 日至 2025 年 9 月 5 日 6、投资者回售资金到账日：2025 年 9 月 9 日 7、 ...

| 证券代码：300462 | 证券简称：ST华铭 | 公告编号：2025-048 | | --- | --- | --- | | 债券代码：124002 | 债券简称：华铭定转 | | | 债券代码：124014 | 债券简称：华铭定02 | | 上海华铭智能终端设备股份有限公司 关于"华铭定 02"回售的第四次提示性公告 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。 特别提示： 1、投资者回售选择权：根据《上海华铭智能终端设备股份有限公司发行股 份、可转换债券及支付现金购买资产并募集配套资金暨关联交易报告书（草案） （修订稿）》（以下简称"《重组报告书》"）的约定，债券持有人可回售全部或者 部分未转股的"华铭定 02"。债券持有人有权选择是否进行回售，本次回售不具 有强制性。 2、"华铭定 02"面值：100 元/张 3、回售价格：100.252 元/张（含息、税） 4、回售条件满足日：2025 年 8 月 27 日 5、回售申报期：2025 年 9 月 1 日至 2025 年 9 月 5 日 6、投资者回售资金到账日：2025 年 9 月 9 日 7、 ...

Core Viewpoint - The company announces the third reminder regarding the repurchase of the convertible bond "华铭定 02", allowing bondholders to sell back their bonds under specific conditions, particularly when the stock price falls below a certain threshold [1][2][4]. Group 1: Repurchase Terms Overview - The repurchase clause allows bondholders to sell back all or part of their unconverted "华铭定 02" bonds if the stock price remains below 70% of the conversion price for 30 consecutive trading days [2][3]. - The repurchase price is set at the face value plus accrued interest, calculated to be 100.252 yuan per bond, including tax [4][5]. Group 2: Conditions for Repurchase Activation - The bond "华铭定 02" was registered on July 17, 2020, and is currently in the conversion period, meeting the conditions for repurchase due to the stock price being below the conversion price [4]. - The stock price must remain below 26.82 yuan for 30 consecutive trading days from July 17, 2025, to August 27, 2025, for the repurchase rights to be exercised [4]. Group 3: Repurchase Process and Payment - The repurchase application period is from September 1, 2025, to September 5, 2025, during which bondholders must submit their applications through specified methods [5][6]. - The company will distribute the repurchase funds by September 9, 2025, and will announce the results and impact of the repurchase after the period ends [6].

| 证券代码：300462 | 证券简称：ST华铭 | 公告编号：2025-047 | | --- | --- | --- | | 债券代码：124002 | 债券简称：华铭定转 | | | 债券代码：124014 | 债券简称：华铭定02 | | 上海华铭智能终端设备股份有限公司 关于"华铭定 02"回售的第三次提示性公告 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。 特别提示： 1、投资者回售选择权：根据《上海华铭智能终端设备股份有限公司发行股 份、可转换债券及支付现金购买资产并募集配套资金暨关联交易报告书（草案） （修订稿）》（以下简称"《重组报告书》"）的约定，债券持有人可回售全部或者 部分未转股的"华铭定 02"。债券持有人有权选择是否进行回售，本次回售不具 有强制性。 2、"华铭定 02"面值：100 元/张 3、回售价格：100.252 元/张（含息、税） 4、回售条件满足日：2025 年 8 月 27 日 5、回售申报期：2025 年 9 月 1 日至 2025 年 9 月 5 日 6、投资者回售资金到账日：2025 年 9 月 9 日 7、 ...

Core Viewpoint - The company announces the second reminder regarding the repurchase of the convertible bond "华铭定 02," allowing bondholders to sell back their bonds under specific conditions due to the stock price being below the conversion price for a consecutive period [1][2][4]. Group 1: Repurchase Terms Overview - The repurchase clause allows bondholders to sell back all or part of their unconverted "华铭定 02" bonds if the stock price remains below 70% of the conversion price for 30 consecutive trading days [2][3]. - The repurchase price is set at the face value plus accrued interest, calculated to be 100.252 yuan per bond, including tax [4][5]. Group 2: Conditions for Repurchase Activation - The bond "华铭定 02" has been in circulation since July 17, 2020, and is currently in the conversion period, meeting the conditions for unlocking the repurchase rights [4]. - The stock price has been below the conversion price of 26.82 yuan per share for the specified period, triggering the bondholders' right to exercise the repurchase option [4][5]. Group 3: Repurchase Process and Payment - The repurchase application period is from September 1 to September 5, 2025, during which bondholders must submit their applications through specified methods [5][6]. - The company will distribute the repurchase funds by September 9, 2025, and will announce the results and impact of the repurchase after the period ends [6].