Group 1 - The core point of the article is that Zhongrong Electric announced the approval of the investment in the construction of the Sinok New Energy Technology Park project during its first extraordinary shareholders' meeting of 2025 [2] Group 2 - The announcement was made on the evening of August 1, indicating the company's proactive approach towards expanding its operations in the new energy sector [2] - The project is expected to enhance the company's capabilities and position in the renewable energy market [2]

Group 1 - Antong Holdings disclosed a share buyback plan, with China National Freight Company intending to increase its stake by 300 million to 600 million yuan [1][2] - Nine companies announced share reductions, including Longmag Technology, Wanda Film, and Zhongrong Electric [1][2] Group 2 - Longmag Technology's shareholders plan to reduce their holdings by up to 1.03% [2] - Wanda Film's shareholder plans to reduce its stake by no more than 2% [2] - Zhongrong Electric's shareholders intend to reduce their holdings by up to 1.7% [2] - Yongxin Zhicheng's shareholder plans to reduce its stake by no more than 4% [2] - Kangpeng Technology's shareholders plan to collectively reduce their holdings by up to 5.89% [2] - Henghua Technology's major shareholder intends to reduce its stake by up to 1.50% [2] - Yuxin Technology's controlling shareholder plans to reduce its holdings by no more than 1.50% [2] - Zhongguang Lightning's executives, including the chairman and general manager, plan to reduce their shares [2] - Jihua Group's deputy general manager plans to reduce his stake by no more than 0.29% [2]

Group 1 - Antong Holdings disclosed a share buyback plan with China National Freight expected to increase its stake by 300 million to 600 million yuan [1][2] - Nine companies, including Longmag Technology and Wanda Film, announced share reductions by their shareholders [1][2] Group 2 - Longmag Technology's shareholders, Xiong Yongge and Xiong Yandao, plan to reduce their holdings by up to 1.03% [2] - Wanda Film's shareholder, Xingxian Rongzhi, intends to reduce its stake by up to 2% [2] - Zhongrong Electric's shareholders, including Shi Xiaoguang, Liu Bing, and Wang Wei, plan to reduce their holdings by up to 1.7% [2] - Yongxin Zhicheng's shareholder, Qian Chuangtou, intends to reduce its stake by up to 4% [2] - Kangpeng Technology's shareholders plan to collectively reduce their holdings by up to 5.89% [2] - Henghua Technology's major shareholder, Chen Xianlong, plans to reduce his stake by up to 1.5% [2] - Yuxin Technology's controlling shareholder intends to reduce its holdings by up to 1.5% [2] - Zhongguang Lightning Protection's chairman and general manager, Wang Xueying, plan to reduce their shares [2] - Jihua Group's deputy general manager, Zhou Huoliang, plans to reduce his stake by up to 0.29% [2]

Group 1 - The company Zhongrong Electric (301031.SZ) announced that major shareholders plan to reduce their holdings through block trades [1][2] - Shareholder Shi Xiaoguang, holding 6,570,322 shares (6.70% of total shares), plans to reduce up to 710,400 shares (0.7244% of total shares) [1] - Shareholder Liu Bing, holding 5,504,181 shares (5.61% of total shares), plans to reduce up to 518,000 shares (0.5282% of total shares) [1] - Shareholder Wang Wei, holding 3,549,586 shares (3.62% of total shares), plans to reduce up to 444,000 shares (0.4528% of total shares) [2] Group 2 - The reduction period for all shareholders begins 15 trading days after the announcement and lasts for three months [1][2] - The shares will be transferred to company executives, including Wu Dagang and Hou Qiang [1][2]

证券代码：301031 证券简称：中熔电气 公告编号：2025-081 西安中熔电气股份有限公司 关于部分持股 5%以上股东、董事、高级管理人员 以大宗交易方式减持股份预披露公告 持股 5%以上股东、董事、副总经理石晓光先生、持股 5%以上股东、副总经 理刘冰先生、董事王伟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： 1、持有西安中熔电气股份有限公司（以下简称"公司"、"本公司"）股 份 6,570,322 股（占本公司总股本比例 6.70%）的持股 5%以上股东、董事、副总 经理石晓光先生，计划自本减持计划公告之日起 15 个交易日后的 3 个月内以大 宗交易方式减持公司股份，减持数量不超过 710,400 股，即不超过公司总股本比 例的 0.7244%（减持期间如公司有送股、资本公积金转增股本等导致持股数量变 化，则减持数量进行相应调整）。本次减持行为的受让对象为公司首席专家吴大 刚先生。 2、持有公司股份 5,504,181 股（占本公司总股本比例 5.61%）的持股 5%以 上股东 ...

Summary of Key Points Core Viewpoint - The company Zhongrong Electric announced that major shareholders plan to reduce their holdings through block trades within the next three months, indicating potential changes in ownership structure and investor sentiment [1] Shareholder Reduction Plans - Shareholder Shi Xiaoguang, holding 6.5703 million shares, plans to reduce his stake by up to 710,400 shares, representing 0.7244% of total shares [1] - Shareholder Liu Bing, with 5.5042 million shares, intends to reduce his holdings by up to 518,000 shares, which accounts for 0.5282% [1] - Shareholder Wang Wei, who holds 3.5496 million shares, aims to decrease his stake by up to 444,000 shares, equivalent to 0.4528% [1] - The designated buyers for these reductions are Wu Dagang and Hou Qiang [1]

陕西省西安市太白南路 139 号荣禾·云图中心 15 层 Floor15,Ronghe Cloud Centre,No.139,South Taibai Road,Xi'an City,Shaanxi Province,PRC 邮编/Zip Code:710065 电话/Tel:029-88360128 传真/Fax:029-88360129 北京市康达（西安）律师事务所 关于西安中熔电气股份有限公司 2025 年第一次临时 股东大会的 法 律 意 见 书 康达(西安)股会字【2025】第0001号 致: 西安中熔电气股份有限公司 北京市康达（西安）律师事务所接受西安中熔电气股份有限公司（以下简 称 "公司"）的委托，指派李曼、于晨光律师（以下简称"本所律师"）出 席公司2025年第一次临时股东大会（以下简称"本次股东大会"）并出具法 律意见书。 本所律师声明事项： 1. 为出具本法律意见书，本所律师审查了公司提供的本次股东大会的相 关资料，包括但不限于关于召开本次股东大会的董事会决议、会议通知、会议 议程、议案等文件资料，听取了公司就有关事实所作的陈述和说明。公司已保 证和承诺所提供的文件及所作的陈述和说明 ...

证券代码：301031 证券简称：中熔电气 公告编号：2025-079 西安中熔电气股份有限公司 2025年第一次临时股东大会决议公告 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。 特别提示： 1、本次股东大会采取现场投票与网络投票相结合的方式。 2、本次股东大会无新增、变更、否决提案的情况。 3、为尊重中小投资者利益，提高中小投资者对公司股东大会决议的重大事项的参 与度，本次股东大会审议的相关议案对中小投资者单独计票。中小投资者是指除公司 董事、高级管理人员以及单独或者合计持有公司5%以上股份的股东以外的其他股东。 （2）网络投票时间： 其中：①通过深圳证券交易所交易系统进行网络投票的时间为2025年8月1日 9:15—9:25，9:30—11:30，13:00—15:00； ②通过深圳证券交易所互联网投票系统进行网络投票的时间为2025年8月1日 9:15—15:00。 3、会议主持人：董事长方广文先生。 4、会议召开地点：公司会议室（陕西省西安市高新区锦业二路97号中熔电气产业 基地）。 5、会议的召开方式：本次股东大会采取现场投票与网络投票相结合的方 ...

Core Viewpoint - Fund manager Wu Hao oversees two funds, with the best-performing fund being Huaxia High-end Manufacturing Mixed A (002345), which achieved a quarterly net value increase of 1.01% by the end of Q2 2025 [1]. Fund Performance Summary - Huaxia High-end Manufacturing Mixed A has a total scale of 9.11 billion, with an annualized return of 2.04% and a quarterly increase of 1.01%. The top holding is Guoguang Electric, accounting for 8.47% of the net value [2]. - Huaxia High-end Manufacturing Mixed C has a scale of 0.21 billion, with a negative annualized return of -9.01% and a quarterly increase of 0.86%, also holding Guoguang Electric at 8.47% [2]. - Wu Hao's management of Huaxia High-end Manufacturing Mixed A has yielded a cumulative return of 35.89% and an average annualized return of 6.19%. The fund has made 89 adjustments to its heavy holdings, with a success rate of 66.29% [2]. Stock Adjustment Cases - Notable stock adjustments include: - Trina Solar (天合光能) was bought in Q2 2021 and sold in Q3 2021, yielding an estimated return of 141.89% with a company revenue growth of 51.20% during the holding period [3][5]. - Tongwei Co., Ltd. (通威股份) was held from Q2 2020 to Q4 2020, achieving a return of 120.32% with a company performance increase of 36.95% [3]. - Tanfeng Communication (天孚通信) was held from Q2 2023 to Q2 2024, resulting in a return of 96.16% with a net profit growth of 84.07% [6]. Underperforming Stock Cases - Underperforming stocks include: - Green Harmony (绿的谐波) was held from Q4 2023 to Q3 2024, resulting in a return of -48.55% despite a revenue growth of 8.77% [4][6]. - Huayi Technology (华依科技) was held from Q4 2023 to Q2 2024, with a return of -44.46% and a performance increase of 20.36% [4].

Core Viewpoint - The company plans to invest 1.141 billion yuan in the construction of the Sinok New Energy Technology Park project to expand its production capacity for fuse products and related components, aiming for long-term growth and enhanced competitiveness [1][2]. Investment and Expansion - The total investment for the Sinok New Energy Technology Park project is 1.141 billion yuan, which will be used for building factories, R&D facilities, and purchasing machinery for the production of traditional fuses, incentive fuses, circuit breakers, DC contactors, current sensors, and integrated products [2]. - The project is located in Xi'an and is expected to be completed by the end of 2027 [2]. - The investment aligns with the company's strategic planning and operational needs, aiming to optimize production processes and enhance R&D capabilities [2]. Financial Performance - The company expects to achieve a net profit attributable to shareholders of 121 million to 151 million yuan in the first half of 2025, representing a year-on-year growth of 84.71% to 130.43% [4]. - In the first quarter of 2025, the company's revenue was 390 million yuan, with a year-on-year increase of 44.98%, and a net profit of approximately 60.75 million yuan, up 125.81% [5]. - The net profit has shown continuous growth for five consecutive quarters, with growth rates of 58.22%, 90.92%, and 112.38% from the second to the fourth quarter of 2024 [6]. Market Trends - The company's main business involves the R&D, production, and sales of fuses and related components, primarily serving the new energy generation and consumption sectors [4]. - The demand for circuit protection components is rapidly increasing, driven by the growth in the new energy and communication industries [4]. - In 2024, the company generated 897 million yuan in revenue from the new energy vehicle sector, accounting for 63.13% of total revenue, with a year-on-year growth of 50.47% [4].