根据市场公开信息及4月7日披露的机构调研信息，知名私募昊泽致远近期对2家上市公司进行了调研， 相关名单如下： 昊泽致远（北京）投资管理有限公司成立于2015年12月，并于2018年3月在中国证券投资基金业协会备 案为证券类私募基金管理人（备案编码：P1067442），于2020年获得中国证券投资基金业协会会员资 格（会员编码：GC1900031887）、投资顾问资格，并取得网下打新资质。公司近三年以来共计发行产 品20余支，管理总规模约20亿元人民币，团队成员近30人，投研和交易人员占比七成。 昊泽致远秉 持"合规审慎、勤勉尽责"的运营思路，以大类资产配置体系为产品管理核心，交易策略立足于国内大类 二级市场，以追求绝对收益区间的目标为投资理念。主要合伙人自2014年起至今，具备超过4年的金融 机构委外资金管理经验，包括银行、券商、信托等机构代销类产品，累计过往管理规模超60亿元。 公 司拥有一支专业、资深、高素质的人才队伍，致力于为客户提供卓越的资产管理服务。展望未来，昊泽 致远将继续秉承"立足稳健、长远发展"的经营理念，完善经营管理体制和运行机制，全面提升服务品 质，打造公司核心竞争力。 公司愿与社会各界朋 ...

根据市场公开信息及4月7日披露的机构调研信息，知名私募远望角投资近期对1家上市公司进行了调 研，相关名单如下： 深圳市远望角投资管理企业（有限合伙）成立于2014年12月30日，由两位原公募基金经理、一位原上市 公司高级管理人员组成核心骨干，从业年限均在10年以上。公司投研团队经验丰富，成立以来以优秀的 风控和稳健的收益受到专业投资机构认可，入选多家券商、银行、FOF等机构白名单。我们立意于做一 家追求远见，长期靠谱的资产管理公司。公司已通过中国证券投资基金业协会备案，登记编号为 P1008153。公司2019年荣获中国证券报中国私募基金金牛奖--三年期金牛私募管理公司（股票策略）， 中国基金报私募基金"英华奖"--中国私募基金成长奖（股票策略）和最佳产品奖（三年期股票策略）； 2018年曾荣获新浪财经第二届中国私募基金业"金刺猬奖"--最具潜力奖和证券时报年度"金长江奖"--年度 优秀私募基金经理等多个行业奖项。 以上内容为证券之星据公开信息整理，由智能算法生成（网信算备310104345710301240019号），不构成投资建议。 1）盛弘股份 （远望角投资参与公司电话调研） 调研纪要：公司2024年度 ...

根据市场公开信息及4月7日披露的机构调研信息，知名私募理成资产近期对1家上市公司进行了调研， 相关名单如下： 1）盛弘股份 （理成资产参与公司电话调研） 调研纪要：公司2024年度实现营业收入约30.36亿元，同比增长14.53%，净利润4.29亿元，同比增长 6.49%。各业务板块中，工业配套电源业务收入6.03亿元，同比增长13.11%，毛利率54.23%；新能源电 能变换设备收入8.57亿元，同比下降5.80%，毛利率29.64%；电动汽车充换电设备收入12.16亿元，同比 增长43.04%，毛利率38.15%；电池检测及化成设备收入2.96亿元，同比减少0.93%，毛利率39.35%。美 国关税对公司影响较小，直接出口美国收入占比1-2%，已布局马来西亚代工厂。海外市场方面，美国 市场发展较慢，欧洲市场深耕多年，亚洲市场布局泰国、韩国等地。电池化成与检测设备业务毛利率下 降因锂电池厂商竞争加剧，预计2025年资本开支提升后毛利率将稳定。电能质量业务在国内IDC领域市 占率高，海外IDC增长同步提升，公司将持续研发新产品。 机构简介： 上海理成资产是国内最早成立的私募管理公司之一，十三年以来，始终坚持追 ...

盛弘股份 20250407 摘要 Q&A 盛弘股份在 2024 年的整体经营情况如何？ 2024 年，盛弘股份实现了较好的经营增长，收入为 30.36 亿元，净利润约为 4.2 亿元。具体业务线方面，工业配套电源收入为 6 亿元，同比增长 13%；储能 设备收入为 8.5 亿元，同比下降 5.8%，主要由于海外储能收入下降；充电桩业 务表现突出，增长 43%，从 2023 年的 8.49 亿元增至 12 亿元；锂电池替换业务 • 盛弘股份 2024 年营收 8.5 亿元，同比下降 5.8%，主要受海外储能收入下 滑影响，但充电桩业务增长显著，达 43%，增至 12 亿元。公司正通过马来 西亚槟城制造基地应对美国关税，该基地预计五月全面投产，服务 OEM/ODM 客户。 • 盛弘股份工业配套电源毛利率提升至 54.2%，但储能设备和充电桩毛利率 略有下降，分别下降 3.49 和 1.5 个百分点。国内市场毛利率为 35%，海外 市场高达 62.9%。公司积极优化全球布局，分散市场风险。 • 盛弘股份在美国市场收入占比仅约 5%，主要为 PQ 产品和部分储能设备。 公司计划通过 OEM 加工进入美国市场，避免高成 ...

证券代码：300693 证券简称：盛弘股份 编号：2025-004 深圳市盛弘电气股份有限公司 投资者关系活动记录表 | 投资者关系 活动类别 | □特定对象调研 □分析师会议 | | --- | --- | | | □媒体采访 □业绩说明会 | | | □新闻发布会 □路演活动 | | | □现场参观 √其他（电话调研） | | 参与单位名 称及人员姓 | 长城财富保险、华夏基金、中信资管、昊泽致远、上海蓝 | | 名 | 墨、交银施罗德、银华基金、长盛基金、博时基金、彤源投 | | | 资、鑫垣私募、兴证全球、富国基金、远望角投资、长江证 | | | 券、东兴基金、南方基金、华宝基金、百达世瑞私募、安联 | | | 环球、宝盈基金、信达澳亚基金、天风证券、嘉合基金、光 | | | 大保德信基金、红杉中国、基石资本、同泰基金、开源资 | | | 管、泉果基金、五地私募、龙航资管、国信证券、南土资 | | | 管、汇添富基金、钦沐资管、宁泉资管、太平洋资管、南方 | | | 基金、招商基金、途灵资管、西部利得基金、大家保险、兆 | | | 天资管、域秀资管、广发基金、博裕资本、混沌投资、国寿 | | | 安保 ...

➢ 充电桩：24 年收入 12.16 亿，同比增长 43%。现阶段公司开始覆盖整车主 机厂和其他充电桩集成商等提供充电桩及电源模块产品，产品矩阵更为多元。同 时，海外充电桩将以突破重点国家的大客户或行业大客户为关键任务目标，保证 海外充电设备业务的稳步增长。 ➢ 储能：24 年收入 8.57 亿，同比下降 6%。后续公司有望持续拓宽电网侧、 用户侧、海外市场、以及微电网等市场。 ➢ 电池检测设备业务：24 年收入 2.96 亿，同比下降 1%。公司自 2020 年电 池检测设备业务着力于与动力电池行业头部客户进行深度合作的战略成效明显， 2025 年公司有望提升实验室测试设备领域的市场份额及分容化成市场。 ➢ 投资建议：公司围绕电力电子核心技术，产品矩阵丰富，随着下游数据中心、 充电桩等行业增速起量，有望实现高增。我们预计公司 2025-2027 年营收分别 为 40.68、53.71、69.56 亿元，对应增速分别为 34.0%、32.0%、29.5%；归母 净利润分别为 5.60、7.78、10.54 亿元，对应增速分别为 30.5%、39.1%、35.4%， 以 4 月 3 日收盘价作为基准，对应 20 ...

证券研究报告·公司点评报告·其他电源设备Ⅱ 盛弘股份（300693） 2024 年年报点评：业绩略超预期，AIDC 带 动业绩弹性 买入（维持） | [Table_EPS] 盈利预测与估值 | 2023A | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | --- | | 营业总收入（百万元） | 2651 | 3036 | 4277 | 5307 | 6103 | | 同比（%） | 76.37 | 14.53 | 40.88 | 24.07 | 15.00 | | 归母净利润（百万元） | 402.83 | 428.98 | 563.13 | 683.56 | 818.13 | | 同比（%） | 80.20 | 6.49 | 31.27 | 21.39 | 19.69 | | EPS-最新摊薄（元/股） | 1.29 | 1.38 | 1.81 | 2.20 | 2.63 | | P/E（现价&最新摊薄） | 25.38 | 23.84 | 18.16 | 14.96 | 12.50 | [Table_Tag] [Table ...

Investment Rating - The report maintains a "Buy" rating for the company, expecting significant price appreciation in the next 6-12 months [5]. Core Insights - The company reported a revenue of 3.04 billion RMB for 2024, a year-on-year increase of 14.5%, and a net profit attributable to shareholders of 430 million RMB, up 6.5% year-on-year [2]. - The industrial power supply segment showed steady growth, with revenues reaching 600 million RMB in 2024, a 13.1% increase year-on-year, driven by the rising demand from data centers [3]. - The charging pile business experienced rapid growth, generating 1.22 billion RMB in revenue, a 43% increase year-on-year, despite a slight decline in gross margin [3]. - The energy storage business faced challenges, with revenues declining by 5.8% to 857 million RMB in 2024, primarily due to project delays in the U.S. caused by high interest rates [4]. - The company is actively exploring new markets in Myanmar, Indonesia, and Africa to mitigate risks associated with over-reliance on a single market [4]. Summary by Sections Performance Review - In Q4 2024, the company achieved a revenue of 940 million RMB, reflecting a 2.5% year-on-year growth, and a net profit of 158 million RMB, which is a 21.5% increase year-on-year [2]. Business Analysis - The industrial power supply business is positioned for high growth due to its early entry into low-voltage power quality products and strong technical capabilities [3]. - The charging pile segment is expected to maintain high demand due to new product launches that meet market needs for safety and efficiency [3]. - The energy storage segment is anticipated to improve as U.S. interest rates decline, potentially releasing pent-up project demand [4]. Profit Forecast and Valuation - The projected net profits for 2025-2027 are 565 million RMB, 753 million RMB, and 968 million RMB, respectively, with corresponding PE ratios of 20, 15, and 12 [5].

Group 1 - The core viewpoint of the news is that Shenghong Co., Ltd. (300693.SZ) has disclosed its 2024 annual report, highlighting the institutional investor landscape and changes in shareholding [1] - As of April 2, 2025, a total of 157 institutional investors hold shares in Shenghong, with a combined holding of 44.8957 million shares, representing 14.43% of the total share capital [1] - The top ten institutional investors account for 8.28% of the total shares, with a decrease of 1.50 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, there was an increase in holdings from one public fund, namely Southern Carbon Neutrality Stock Initiation A, while five public funds reduced their holdings, with a total decrease of 0.34% [2] - A total of 143 new public funds were disclosed this period, including notable funds such as GF Multi-Factor Mixed and Southern New Energy Industry Trend Mixed A [2] - One social security fund, GF Fund Management Co., Ltd. - Social Security Fund 420 Combination, reported a decrease in holdings by 0.31% compared to the previous quarter [2] Group 3 - Foreign investment sentiment showed a decrease in holdings from one foreign fund, Hong Kong Central Clearing Limited, with a reduction of 0.14% [2]

Core Viewpoint - Shenzhen Shenghong Electric Co., Ltd. emphasizes its commitment to sustainable development and innovation in the energy sector, focusing on enhancing energy efficiency and contributing to global carbon neutrality goals through advanced technology and digital solutions [1][4][22]. Governance Strength - The company has undergone a brand upgrade and is transitioning towards becoming a comprehensive smart energy solution provider, integrating both hardware and software [1][5]. - It has established a global supply chain system and is committed to digital and collaborative operational management [1][5]. - The company received multiple awards, including the "2024 ESG Model Enterprise Award" and "2024 Annual Zhitong Finance Social Responsibility Pioneer Award" [1][2]. Product Development - Shenghong Electric focuses on three pillars: electricity, energy, and technology, and has launched several innovative products, including the world's first modular 2.5MW energy storage inverter and a high-efficiency charging solution [2][10]. - The company reported a significant increase in product offerings, with intelligent grid products reaching 4,091,356.26 kW (up 35.06%) and renewable energy products at 11,485,138.20 kW (up 56.96%) [2][8]. Ecological Responsibility - The company adheres to green design principles throughout the product lifecycle and actively participates in national initiatives for zero-carbon factories and parks [3][24]. - It has set targets for energy intensity and carbon emissions, promoting low-carbon transformation and waste management [3][24]. Social Commitment - Shenghong Electric prioritizes talent management and employee well-being, fostering an inclusive work environment and providing competitive compensation [3][24]. - The company engages in social responsibility initiatives, emphasizing community contributions and partnerships for sustainable development [3][24]. Business Performance - In 2024, the company reported a revenue of 3.036 billion yuan, a year-on-year increase of 14.53%, with a net profit of 429 million yuan, reflecting a growth of 6.49% [8][10]. - The basic earnings per share reached 1.38 yuan, with a growth of 6.08% [8][10]. Industry Position - Shenghong Electric ranks among the top 500 global renewable energy companies and is recognized as a leading supplier in the energy storage inverter market [9][10]. - The company has established a strong presence in over 60 countries and regions, with a cumulative installed capacity exceeding 12GW in the energy storage sector [6][10]. Strategic Initiatives - The company is committed to expanding its global footprint, having opened a subsidiary in Germany and participating in international exhibitions to showcase its innovative solutions [20][21]. - It aims to enhance its product competitiveness and market reach through strategic partnerships and collaborations in the renewable energy sector [20][21].