Financial Performance - The company's revenue for Q1 2025 was ¥327,251,088.59, representing a 40.00% increase compared to ¥233,749,410.35 in the same period last year[5] - Net profit attributable to shareholders was ¥15,101,766.97, up 19.20% from ¥12,668,899.83 year-on-year[5] - Basic and diluted earnings per share increased to ¥0.1060, reflecting an 18.70% rise from ¥0.0893 in the prior year[5] - Net profit for the current period was ¥15,338,840.87, representing a 20.43% increase from ¥12,718,615.68 in the previous period[18] - Earnings per share (EPS) for the current period was ¥0.1060, compared to ¥0.0893 in the previous period, indicating a growth of 18.87%[19] Cash Flow - The net cash flow from operating activities was negative at -¥26,074,824.51, a decrease of 245.44% compared to ¥17,927,882.59 in the previous year[5] - Cash inflow from operating activities totaled ¥248,702,377.20, significantly higher than ¥111,995,285.86 in the previous period, marking an increase of 121.67%[20] - The net cash outflow for purchasing goods and services was ¥226,723,164.84, up from ¥68,097,537.62, indicating a rise of 233.36%[20] - Cash outflows from operating activities totaled $274,777,201.71, compared to $94,067,403.27 previously, reflecting increased operational expenses[21] - The net cash flow from investing activities was $31,478,690.57, a recovery from a negative cash flow of -$16,109,510.22 in the prior period, suggesting improved investment returns[21] - Cash inflows from investing activities amounted to $410,976,368.44, with $410,000,000.00 coming from recovered investments[21] - Cash inflows from financing activities were $160,800,000.00, up from $33,070,000.00 in the previous period, indicating increased borrowing[21] - The net cash flow from financing activities was $5,303,413.09, a recovery from -$12,529,929.64 previously, showing improved financing conditions[21] - The total cash and cash equivalents at the end of the period were $215,233,084.40, down from $320,763,989.02 at the beginning of the period[21] Expenses - The company reported a significant increase in sales expenses, which rose by 143.59% to ¥9,758,952.80 from ¥4,006,246.32 year-on-year[7] - Research and development expenses decreased by 49.72% to ¥3,665,260.12 compared to ¥7,289,636.35 in the same period last year[7] - The company reported a tax expense of ¥2,520,930.21, compared to ¥1,241,253.33 in the previous period, an increase of 102.73%[18] - The company paid $16,203,875.26 in employee compensation, an increase from $12,107,304.65 in the previous period, reflecting higher labor costs[21] - Tax payments amounted to $7,010,067.53, compared to $4,713,444.46 previously, indicating an increase in tax liabilities[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,653,994,046.71, down 1.96% from ¥1,687,021,419.84 at the end of the previous year[5] - Current assets totaled CNY 1,332,038,269.06, slightly down from CNY 1,367,079,285.97[14] - The total liabilities decreased to ¥480,023,664.16 from ¥528,477,307.13, a decline of 9.16%[15] - The company’s total liabilities were not explicitly stated but can be inferred from the balance sheet data provided[12] - The company’s non-current assets totaled CNY 321,955,777.65, slightly up from CNY 319,942,133.87[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,790, with the top shareholder holding 26.82% of the shares[8] - The company's total equity attributable to shareholders increased by 1.31% to ¥1,166,821,864.54 from ¥1,151,720,097.57 at the end of the previous year[5]

Financial Performance - The company's operating revenue for 2024 reached ¥1,333,317,287.64, representing a 131.88% increase compared to ¥575,009,655.13 in 2023[16] - Net profit attributable to shareholders surged to ¥70,344,588.54, a remarkable increase of 939.68% from ¥6,766,015.68 in the previous year[16] - The net profit after deducting non-recurring gains and losses was ¥67,006,745.04, reflecting a 1,228.12% increase from ¥5,045,250.17 in 2023[16] - The basic earnings per share rose to ¥0.4987, an increase of 842.72% compared to ¥0.0529 in the previous year[16] - Total assets at the end of 2024 amounted to ¥1,687,021,419.84, marking a 20.54% increase from ¥1,399,576,293.61 at the end of 2023[16] - The company's net assets attributable to shareholders increased by 2.32% to ¥1,151,720,097.57 from ¥1,125,628,964.95 in 2023[16] - The company reported a negative cash flow from operating activities of ¥116,045,756.50, worsening by 169.72% from a negative cash flow of ¥43,024,016.31 in 2023[16] - The weighted average return on equity for 2024 was 6.22%, significantly up from 0.81% in the previous year[16] Revenue Breakdown - The company's operating revenue for the reporting period was approximately CNY 440.25 million, showing a significant increase compared to CNY 333.00 million in the previous year, representing a growth of 32.2%[19] - The transformer business generated ¥938,930,444.74, accounting for 70.42% of total revenue, with a year-on-year growth of 77.10%[62] - Electromagnetic wire revenue surged to ¥282,990,679.71, a staggering increase of 2,186.31% from ¥12,377,616.83 in 2023[62] - Domestic sales amounted to ¥1,191,060,510.30, making up 89.33% of total revenue, with a growth of 113.61% year-on-year[62] - International sales increased to ¥142,256,777.34, representing 10.67% of total revenue, with a remarkable growth of 715.88% compared to ¥17,436,064.12 in 2023[62] Cash Flow and Investments - Operating cash inflow increased by 209.48% to ¥827,954,311.43, while cash outflow rose by 203.97% to ¥944,000,067.93[77] - The net cash flow from operating activities decreased to -¥116,045,756.50, a decline of 169.72% compared to the previous year[77] - Investment cash inflow surged by 3,289.02% to ¥882,494,635.54, while cash outflow increased by 1,232.10% to ¥1,119,804,160.87[77] - The net cash flow from investment activities worsened to -¥237,309,525.33, an increase of 308.99% in losses year-over-year[77] - Financing cash inflow decreased by 41.34% to ¥455,470,000.00, while cash outflow decreased by 14.90% to ¥322,841,176.82[77] - The net cash flow from financing activities dropped by 66.60% to ¥132,628,823.18[77] Research and Development - R&D expenses increased by 42.12% to ¥28,113,131.08 compared to ¥19,781,452.36 in the previous year, reflecting a significant investment in research and development[72] - The company is developing a new energy-efficient transformer that meets GB20052-2020 standards, which is expected to significantly enhance production efficiency and market share in the high-efficiency low-loss transformer sector[71] - The ongoing research on dry-type transformers aims to fill market gaps in energy storage, enhancing the company's performance in the renewable energy sector[73] - The company has increased its R&D personnel from 38 to 56, representing a growth of 47.37%[74] - R&D investment for 2024 is reported at ¥28,113,131.08, which is 2.11% of operating revenue, down from 3.44% in 2023[75] Market and Industry Outlook - The transformer industry is expected to see a 10% increase in the proportion of high-efficiency energy-saving transformers in operation by 2023, with new high-efficiency transformers accounting for over 75% of the total[32] - The demand for transformers is directly influenced by the pace of power grid construction, which has been accelerating due to rising electricity demand[32] - The electromagnetic wire industry is projected to experience growth driven by the push for high-quality development and the transition towards clean energy and energy-saving products[33] - The overall electricity consumption in China has shown a compound annual growth rate of 5.71% from 2011 to 2022, indicating a robust demand for power infrastructure[27] - The growth of the power investment sector, particularly in grid investments, is a significant driver for the company's growth in the power equipment manufacturing industry[51] Corporate Governance and Management - The company has established a stable management system, but future growth will require enhanced management capabilities and internal controls to ensure operational efficiency and profitability[103] - The company has implemented a value management system and disclosed plans for valuation enhancement, indicating a focus on improving shareholder value[106] - The company adheres to legal and regulatory requirements in its governance structure, ensuring transparency and protection of shareholder rights[108][111] - The board of directors consists of five members, including two independent directors, ensuring compliance with governance standards and effective decision-making[109] - The company actively engages with stakeholders to balance interests and promote sustainable development, reflecting its commitment to social responsibility[112] Employee and Labor Relations - The total number of employees at the end of the reporting period was 508, with 390 in the parent company and 118 in major subsidiaries[133] - The company emphasizes employee training and development, providing various training programs to enhance skills and management capabilities[135] - The company’s employee compensation policy is competitive and compliant with local labor laws, ensuring stability and support for employee welfare[134] - The company has established a comprehensive human resources management system, providing a good working environment and career development opportunities, along with competitive compensation and benefits to attract talent[149] Commitments and Compliance - The company is committed to fulfilling promises made by actual controllers, shareholders, and related parties during the reporting period, with ongoing compliance noted[152] - The company guarantees that it will not use its position in the company to harm the legitimate rights and interests of shareholders[156] - The company will ensure compliance with legal obligations and will not transfer shares held by individuals responsible for any violations[165] - The company will take measures to ensure the implementation of commitments, including timely disclosure of specific reasons for any unfulfilled commitments through designated media[160] - The company will ensure that any profits from unfulfilled commitments will be allocated to the company itself[160]

证券代码：301012 证券简称：扬电科技 公告编号：2025-014 一、审议程序 公司于2025年4月18日召开第二届董事会第二十三次会议、第二届监 事会第二十次会议，审议通过了《关于<2024年度利润分配方案>的议案》。 1、董事会意见 经审议，董事会认为：2024年度利润分配预案符合《上市公司监 管指引第 3 号——上市公司现金分红》《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》等法律法规及《公 江苏扬电科技股份有限公司 关于2024年度利润分配方案的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1、江苏扬电科技股份有限公司（以下简称"公司"）以 2024 年12 月31 日 公司总股本 142,490,190扣除股份回购专户1,804,360股后，以140,685,830 为 基数，向全体股东以每 10 股派人民币现金 1.42 元（含税），共计派发现金 19,977,387.86元。以截至2024年12月31日公司总股本142,490,190股扣除股份回 购专户1,804,360股后，以140,685 ...

一、一致行动关系变动情况 证券代码：301012 证券简称：扬电科技 公告编号：2025-007 江苏扬电科技股份有限公司 关于部分股东不再构成一致行动关系暨公司实际控制人变动 的提示性公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 本次一致行动关系变动系因江苏扬电科技股份有限公司（以下简称"公 司"）股东执行事务合伙人发生变更，股东一致行动人关系解除所致，不涉及 股东持股数量变动。 本次一致行动关系变动后，公司控股股东未发生变化，公司实际控制 人将由程俊明、邰立群变更为程俊明。 公司于近日收到股东泰州扬源企业管理中心（有限合伙）（以下简称泰 州扬源）出具的《关于执行事务合伙人变更的告知函》，获悉邰立群女士因退 伙不再持有泰州扬源的出资份额，邰立群女士不再担任泰州扬源的普通合伙 人及执行事务合伙人。经泰州扬源的全体合伙人一致同意，泰州扬源的执行 事务合伙人变更为陈拥军先生。泰州扬源已于近日完成工商变更登记手续， 并取得了新的营业执照。前述变更完成后，程俊明与泰州扬源不再构成一致 行动关系。现将具体情况 ...

证券代码：301012 证券简称：扬电科技 公告编号：2025-008 江苏扬电科技股份有限公司（以下简称"公司"）于近日收到股东泰州扬源企 业管理有限公司（以下简称"泰州扬源"）的《关于执行事务合伙人变更的告知 函》，公司控股股东程俊明与泰州扬源的一致行动关系解除，具体情况见同日披露的《关 于部分股东不再构成一致行动关系暨公司实际控制人变动的提示性公告》。一致行 动关系解除前，程俊明和泰州扬源合计持有公司股份38,801,150股，占公司总股本的27.23%； 一致行动关系解除后，程俊明持有公司股份38,220,000股，占公司总股本的26.82%，权益变动 适用变动触及1%的整数倍情形。本次权益变动不涉及各方各自所持股份数量和比例的变动。 现将具体情况公告如下： | 1.基本情况 | | | | --- | --- | --- | | 信息披露义务人 | 程俊明 | | | 住所 | 南京市建邺区水西门大街**** | | | 一致行动人 | 泰州扬源管理中心（有限合伙） | | | 住所 | 泰州市姜堰区罗塘街道人民北路99号 | | | 权益变动时间 | 2025年4月15日 | | | 股票简称 | ...

信息披露义务人二：程俊明 住所/通讯地址： 南京市建邺区水西门大街**** 股份权益变动性质：解除一致行动人关系，持股比例减少 签署日期：2025年4月17日 江苏扬电科技股份有限公司 简式权益变动报告书 上市公司名称 江苏扬电科技股份有限公司 股票上市地点 深圳证券交易所 股票简称 扬电科技 股票代码 301012 信息披露义务人一：泰州扬源企业管理中心（有限合伙） 住所/通讯地址： 泰州市姜堰区天目西路 688 号 信息披露义务人声明 一、信息披露义务人是依据《中华人民共和国证券法》《上市公司收购管理办法》 《公开发行证券的公司信息披露内容与格式准则第15号—权益变动报告书》及其他相 关法律、法规等规定编写本权益变动报告书。 二、信息披露义务人签署本报告书已获得必要的授权和批准，其履行亦不违反信 息披露义务人章程或内部规则中的任何条款，或与之相冲突。 三、依据《中华人民共和国证券法》《上市公司收购管理办法》《公开发行证券 的公司信息披露内容与格式准则第15号—权益变动报告书》的规定，本权益变动报 告书已全面披露了信息披露义务人在江苏扬电科技股份有限公司中拥有权益的变 动情况。 四、截至本报告书签署之日，除 ...

扬电科技（301012）公告，公司股东泰州扬源企业管理中心(有限合伙)与控股股东、实际控制人程俊明 解除一致行动关系，持股比例减少。本次权益变动前，程俊明持有公司股份3822万股，占公司总股本的 26.82%，泰州扬源持有公司股份58.12万股，占公司总股本的0.41%，合计持有公司股份3880.11万股， 占公司总股本的27.23%。本次权益变动后，程俊明和泰州扬源不再为一致行动人，所持有公司股份不 再合并计算，程俊明持有公司股份3822万股，占公司总股本的26.82%，泰州扬源持有公司股份58.12万 股，占公司总股本的0.41%。此次权益变动不涉及股东持股数量变动。 ...

证券代码：301012 证券简称：扬电科技 公告编号：2025-006 江苏扬电科技股份有限公司 关于公司控股股东、实际控制人的一致行动人股份减持计划实施 完成的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 江苏扬电科技股份有限公司（以下简称"公司"）于2025年1月23日披露了 《关于特定股东及董事、监事、高级管理人员减持股份的预披露公告》（公告编 号：2025-004），公司实际控制人的一致行动人泰州扬源管理中心（有限合伙） （以下简称"泰州扬源"）计划在本公告披露之日起15个交易日后的3个月内 （2025年2月24日至2025年5月23日期间）以集中竞价或大宗交易方式合计减持 公司股份不超过3,618,910股，占公司总股本的2.54%。 一、股东减持计划实施情况 | 股东名称 | 减持方式 | 减持期间 | 减持均价 （元/股） | 减持股数 | 减持比例 | | --- | --- | --- | --- | --- | --- | | 泰州扬源 | 集中竞价交易 | 2025.2.25- 2025.2.28 | 24.39 | 1,405, ...

证券代码：301012 证券简称：扬电科技 公告编号：2025-005 出的承诺、意向、计划 日期间以集中竞价或大宗交易方式合计减持公司股份不超过3,618,910股， 占总股本的2.54%（占剔除回购专用证券账户中股份数量后公司总股本的 2.57%）。本次减持情况与已披露的减持承诺、意向、计划一致，减持数量 在已披露减持计划范围内，截至本公告披露日，本次减持计划尚未履行完 毕。 本次变动是否存在违反 《证券法》《上市公司收 购管理办法》等法律、行 政法规、部门规章、规范 性文件和本所业务规则等 是□ 否 5. 被限制表决权的股份情况 江苏扬电科技股份有限公司 关于公司控股股东、实际控制人之一致行动人 减持公司股份触及1%整数倍的公告 公司控股股东、实际控制人之一致行动人泰州扬源管理中心（有限合伙）保证 向本公司提供的信息内容真实、准确、完整，没有虚假记载、误导性陈述或重大 遗漏。 江苏扬电科技股份有限公司（以下简称"公司"）于2025年2月26日收到公司控 股股东、实际控制人程俊明之一致行动人泰州扬源管理中心（有限合伙）（以下简称 "泰州扬源"）出具的《关于股份减持的告知函》，自前次披露《关于特定股东及董 ...

证券代码：301012 证券简称：扬电科技 公告编号：2025-004 江苏扬电科技股份有限公司 关于特定股东及董事、监事、高级管理人员减持股份的预披露公告 公司控股股东、实际控制人的一致行动人泰州扬源管理中心（（有限合伙）实际控制人邰立群女 士、持股5%以上股东赵恒龙先生、董事王玉楹先生、高级管理人员陈波先生、原监事陈拥军先生保 证向本公司提供的信息内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 截至本公告披露日，泰州扬源企业管理中心（有限合伙）（以下简称"泰州 扬源"）持有江苏扬电科技股份有限公司（以下简称"公司"或"本公司"） 4,200,000 股（占剔除回购专用证券账户中股份数量后公司总股本的 2.99%）。泰 州扬源计划在本公告披露之日起 15 个交易日后的 3 个月内（即 2025 年 2 月 24 日至 2025 年 5 月 23 日期间）以集中竞价或大宗交易方式合计减持公司股份不超 过 3,618,910 股，占总股本的 2.54%（占剔除回购专用证券账户中股份数量后公 司总股本的 2.57%）。 泰 ...