深圳市捷佳伟创新能源装备股份有限公司 关于公司 2019 年员工持股计划出售完毕暨终止的公告 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。 深圳市捷佳伟创新能源装备股份有限公司（以下简称"公司"）2019年员工 持股计划所持有的公司股票已全部出售完毕，根据《关于上市公司实施员工持股 计划试点的指导意见》《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》等相关规定，现将公司2019年员工持股计划有关情况公告 如下： 证券代码：300724 证券简称：捷佳伟创 公告编号：2025-061 5、2023年6月20日，公司在巨潮资讯网（www.cninfo.com.cn）披露了《关于 2019年员工持股计划第三个锁定期届满的提示性公告》（公告编号：2023-054）， 公司2019年员工持股计划第三个锁定期届满，解锁日期为2023年6月19日，第三 个归属批次比例为本员工持股计划持股份额及对应收益的30%，对应股份数为 204,960股。 6、鉴于公司2019年员工持股计划存续期将于2024年6月16日届满，2024年4 月18日，公司召开第五 ...

Investment Rating - The report maintains an "Overweight" rating for the electric equipment and new energy industry [2] Core Viewpoints - The report suggests focusing on the new energy storage segment, highlighting the need for system-friendly new energy power plants to address the instability of renewable energy output [2][39] - The report emphasizes the importance of enhancing the predictive accuracy of wind and solar power generation to improve grid integration [39] - It recommends paying attention to leading inverter companies that benefit from the development of new energy storage technologies [39] Market Review - As of August 28, 2025, the electric equipment industry has increased by 6.08% over the past two weeks, underperforming the CSI 300 index by 0.88 percentage points, ranking 9th among 31 industries [11] - The electric equipment industry has risen by 11.88% this month, outperforming the CSI 300 index by 2.35 percentage points, ranking 7th [11] - Year-to-date, the electric equipment sector has increased by 15.01%, outperforming the CSI 300 index by 1.56 percentage points, ranking 16th [11] Valuation and Industry Data - As of August 28, 2025, the PE (TTM) for the electric equipment sector is 28.32 times, with sub-sectors showing varied valuations: - Electric motor II: 57.18 times - Other power equipment II: 54.33 times - Photovoltaic equipment: 21.08 times - Wind power equipment: 35.53 times - Battery: 27.20 times - Grid equipment: 26.13 times [22][25] Industry News - The report discusses the Chinese government's initiatives to promote green and low-carbon urban development, emphasizing energy efficiency and the adoption of advanced technologies [35] - It highlights the National Energy Administration's focus on enhancing the adaptability of the power system to renewable energy, including the construction of a new power system and the promotion of energy storage solutions [36] Company Announcements - The report includes recent financial performance announcements from various companies, such as: - GreenMe achieved a revenue of 17.56 billion yuan in the first half of 2025, a year-on-year increase of 1.28% [41] - XianDai Intelligent reported a revenue of 6.61 billion yuan, up 14.92% year-on-year [41] - Euro Continental's revenue reached 2.12 billion yuan, reflecting a growth of 32.59% [41]

Group 1 - The 28th Chengdu International Auto Show will be held from August 29 to September 7, increasing attention on the new energy vehicle industry chain [1] - The 2025 Global Power Battery Recycling Industry Summit and the 13th Retired Power Battery Recycling Utilization Forum will take place from August 29 to 31 in Shenzhen, focusing on power battery and recycling technology topics which may catalyze the sector [1] - The National Development and Reform Commission will hold a press conference on August 29, with market attention on new energy industry policy trends [1] Group 2 - As of August 29, the ChiNext New Energy ETF (159261.SZ) rose by 3.44%, and its related index, the New Energy Index (399266.SZ), increased by 3.32% [1] - Major constituent stocks saw significant gains, with CATL up 9.03%, Lead Intelligent up 20.01%, EVE Energy up 5.49%, Zhongke Electric up 15.30%, and Xinwanda up 4.91% [1] Group 3 - According to research from Aijian Securities, high growth in AI demand is driving the expansion of the AI Computing Center (AIDC) market, with the global AI server market expected to reach $125.1 billion in 2024 and grow to $222.7 billion by 2028, significantly boosting supporting energy storage demand [1] - The electrochemical energy storage industry chain is primarily driven by lithium iron phosphate batteries upstream, with integration involving companies like CATL and BYD in the midstream, and downstream applications concentrated in new energy generation, entering a rapid development phase supported by policy and cost reductions [1]

Core Viewpoint - The financial performance of Jiejia Weichuang (300724) shows significant growth in revenue and net profit for the first half of 2025, indicating strong operational efficiency and profitability [1][2]. Financial Performance - Total revenue for the first half of 2025 reached 8.372 billion, a year-on-year increase of 26.41% [1] - Net profit attributable to shareholders was 1.83 billion, reflecting a year-on-year growth of 49.26% [1] - In Q2 2025, total revenue was 4.273 billion, up 5.66% year-on-year, while net profit for the same period was 1.122 billion, showing a substantial increase of 73.22% [1] Profitability Metrics - Gross margin stood at 29.65%, a decrease of 2.64% year-on-year, while net margin improved to 21.87%, an increase of 18.06% [1] - Earnings per share (EPS) reached 5.26, up 49.43% year-on-year [1] Cost Management - Total selling, administrative, and financial expenses amounted to 90.65 million, representing only 1.08% of revenue, a decrease of 15.54% year-on-year [1] Asset Management - Accounts receivable were notably high, with accounts receivable to net profit ratio at 168.62% [1][2] - Cash flow per share was -2.23, a significant decrease of 497.3% year-on-year [1] Return on Investment - The company's Return on Invested Capital (ROIC) was 25.77%, indicating strong capital efficiency [2] - Historical median ROIC since listing is 14.51%, with the lowest recorded at 5.3% in 2013 [2] Market Position - The largest fund holding Jiejia Weichuang shares is the Changcheng China Intelligent Manufacturing Flexible Allocation Mixed A Fund, with a current scale of 0.85 billion [3] - The fund's net value increased by 1.73% on August 28, with a yearly growth of 34.31% [3]

Group 1 - The A-share photovoltaic equipment sector experienced a volatile rise on August 28, with notable gains in several companies [1] - Jiejia Weichuang saw an increase of over 19%, while Dier Laser rose by more than 7% [1] - Other companies such as Goodway, Aotwei, Jingsheng Electric, and Sunshine Power also showed upward trends [1]

Core Insights - The company reported a total revenue of 8.372 billion yuan, marking a year-on-year increase of 26.41% and achieving five consecutive years of growth [1] - The net profit attributable to shareholders reached 1.830 billion yuan, reflecting a year-on-year increase of 49.26% and also achieving five consecutive years of growth [1] - The company’s diluted earnings per share were 5.26 yuan, up 49.43% year-on-year, ranking first among peers [1] Financial Performance - Total revenue increased by 1.749 billion yuan compared to the same period last year [1] - Operating cash flow was negative at -0.776 billion yuan [1] - The latest asset-liability ratio was 57.42%, down 6.49 percentage points from the previous quarter and down 17.94 percentage points year-on-year [1] - Gross margin improved to 29.65%, up 2.13 percentage points from the previous quarter [1] - Return on equity (ROE) was 14.63%, an increase of 1.81 percentage points year-on-year [1] Efficiency Metrics - Total asset turnover ratio was 0.27 times, up 56.39% year-on-year [2] - Inventory turnover ratio increased to 0.51 times, reflecting a year-on-year increase of 139.43% [2] Shareholder Information - The number of shareholders was 61,600, with the top ten shareholders holding 40.69% of the total shares [2] - The largest shareholder, Yu Zhong, holds 8.44% of the shares [2]

Group 1 - The core viewpoint of the news is that Jiejia Weichuang (300724.SZ) has reported its semi-annual results for 2025, highlighting significant institutional investment in the company [1] - As of August 27, 2025, a total of 26 institutional investors disclosed holdings in Jiejia Weichuang A-shares, with a combined holding of 21.1033 million shares, representing 6.07% of the total share capital [1] - The top ten institutional investors collectively hold 6.01% of the shares, with an increase of 1.38 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, one public fund, E Fund ChiNext ETF, reported a slight decrease in holdings compared to the previous quarter [2] - A total of 19 new public funds were disclosed this quarter, including funds such as Chuang 50 ETF and Low Carbon ETF [2] - One new foreign institution, Hong Kong Central Clearing Limited, disclosed its holdings this quarter [2]

Market Overview - On August 28, the photovoltaic equipment sector rose by 2.8%, with Jiejia Weichuang leading the gains [1] - The Shanghai Composite Index closed at 3843.6, up 1.14%, while the Shenzhen Component Index closed at 12571.37, up 2.25% [1] Stock Performance - Jiejia Weichuang (300724) closed at 98.77, up 17.19% with a trading volume of 566,500 shares and a transaction value of 5.324 billion [1] - Weidao Nano (688147) closed at 44.34, up 11.30% with a trading volume of 159,000 shares and a transaction value of 657 million [1] - Other notable performers include: - Dier Laser (300776) at 78.87, up 7.97% [1] - Fulete (601865) at 17.69, up 6.95% [1] - Goodwe (688390) at 50.26, up 5.77% [1] Fund Flow Analysis - The photovoltaic equipment sector experienced a net outflow of 60.54 million from institutional investors, while retail investors saw a net inflow of 542 million [2] - Key stocks with significant fund flow include: - Sunshine Power (300274) with a net inflow of 18.1 million from institutional investors [3] - Tongwei Co. (600438) with a net inflow of 16.8 million from institutional investors [3] - Fulete (601865) with a net inflow of 13.7 million from institutional investors [3]

Group 1 - The core viewpoint of the articles highlights the positive performance of the new energy sector, with the China Securities New Energy Index rising by 0.70% and significant gains in key stocks such as Jiejia Weichuang and Zhengtai Electric [1][4] - The New Energy ETF (159875) has shown a weekly average trading volume of 65.82 million yuan and a net asset value increase of 8.81% over the past six months, indicating strong investor interest and market activity [1] - The top ten weighted stocks in the China Securities New Energy Index account for 43.41% of the index, with notable companies including Ningde Times and Sunshine Power [4] Group 2 - The National Energy Administration and the National Development and Reform Commission are advancing the construction of the electricity market, aiming for equal market participation for new energy storage and the establishment of a provincial-level electricity spot market by the end of 2025 [3] - The "2025 Energy Work Guidance Opinion" emphasizes the need for a coordinated approach to new energy development and consumption systems, suggesting that policy improvements may lead to marginal enhancements in new energy consumption and pricing [4]

Market Performance - On August 28, A-shares opened lower but then strengthened, with the ChiNext Index leading the gains. The semiconductor and communication equipment sectors showed significant increases, and satellite communication concepts were active [3] - The total market turnover for the half-day was approximately 1.8 trillion yuan, showing a moderate increase compared to the previous trading day [3] - The Double Innovation Leading ETF (159603) rose by 3.57%, with a transaction volume of 20.29 million yuan. Notable stocks included Tianfu Communication (300394) up 18.07%, SMIC (688981) up 13.17%, and Lanke Technology (688008) up 7.95% [3] ETF Performance - The ChiNext ETF Tianhong (159977) increased by 1.42%, with a transaction volume of 93.40 million yuan. Key stocks included Tianfu Communication (300394) up 18.07%, Jiejia Weichuang (300724) up 17.05%, and Jinli Permanent Magnet (300748) up 9.23% [3] - As of August 27, the ChiNext ETF Tianhong (159977) saw a significant growth of 450 million yuan in scale over the past week [3] - In terms of capital inflow, the ChiNext ETF Tianhong (159977) recorded net inflows on 3 out of the last 5 trading days, totaling 25.94 million yuan [3] Industry Insights - The Ministry of Industry and Information Technology issued guidelines to optimize business access and promote the development of the satellite communication industry, supporting telecom operators in exploring high-orbit satellite applications [4] - Baidu Smart Cloud announced a comprehensive upgrade of its AI computing infrastructure, launching the Baijie AI Computing Platform 5.0, aimed at breaking through AI computing efficiency bottlenecks [5] - Wanlian Securities highlighted the accelerated adoption of AI applications in China, suggesting a focus on the commercialization of AI products and the demand for AI applications in key sectors such as industry, agriculture, education, and new consumption [5]