Group 1 - The company has released a profit forecast for 2025, expecting a net profit attributable to shareholders of between 5 million to 7.5 million yuan, representing a significant decline year-on-year. The performance change is mainly influenced by cyclical fluctuations in the photovoltaic industry, intensified market competition, asset impairment provisions, and the recognition of share-based payment expenses of 22.45 million yuan [1] - The company anticipates that new overseas energy storage and commercial vehicle charging and swapping sectors will gradually enter a revenue and profit release phase in 2026. The company will continue to optimize existing businesses such as photovoltaic system integration to achieve a rebound from the bottom [2] Group 2 - As of January 30, 2026, the total number of shareholders for Nenghui Technology (301046) was 13,066, reflecting the shareholder structure at a specific point in time [3] - As of February 10, 2026, Nenghui Technology's stock price closed at 25.65 yuan, with a total market capitalization of approximately 4.302 billion yuan. Financing balance and other market trading data can also be accessed through public channels [4]

Group 1 - The core point of the article is that Nenghui Technology reported a total of 13,066 shareholders as of January 30, 2026 [2]

Group 1 - The core viewpoint of the news is that Nenghui Technology experienced a decline in stock price and significant changes in financing activities, indicating potential liquidity concerns [1] - On January 29, Nenghui Technology's stock fell by 2.50%, with a trading volume of 68.90 million yuan. The financing buy-in amount was 6.58 million yuan, while the financing repayment was 10.20 million yuan, resulting in a net financing outflow of 3.62 million yuan [1] - As of January 29, the total balance of margin trading for Nenghui Technology was 217 million yuan, which accounts for 5.19% of its circulating market value, indicating a high level of financing compared to the past year [1] Group 2 - As of November 28, the number of shareholders for Nenghui Technology was 12,500, a decrease of 3.45% from the previous period, while the average circulating shares per person increased by 6.17% to 9,316 shares [2] - For the period from January to September 2025, Nenghui Technology achieved an operating income of 1.018 billion yuan, representing a year-on-year growth of 14.03%. However, the net profit attributable to shareholders decreased by 54.52% to 23.34 million yuan [2] - Nenghui Technology has distributed a total of 151 million yuan in dividends since its A-share listing, with 90.60 million yuan distributed over the past three years [3]

Core Viewpoint - Nenghui Technology (301046) expects a significant decline in net profit for 2025, forecasting a range of 5 million to 7.5 million yuan, representing a year-on-year decrease of 85.73% to 90.48% [4] Financial Performance - The projected non-net profit for 2025 is estimated to be between 2 million and 3 million yuan, indicating a year-on-year decline of 93.83% to 95.89% [4] - As of January 29, the company's price-to-earnings ratio (TTM) is approximately 566.95 to 850.43 times, with a price-to-book ratio (LF) of about 5.28 times and a price-to-sales ratio (TTM) of around 3.48 times [4] Industry Context - The company operates primarily in the photovoltaic power station research, design, system integration, and investment operation sectors, while also engaging in emerging businesses such as new energy storage and smart microgrids [12] - The performance decline is attributed to cyclical fluctuations in the photovoltaic industry and intensified market competition, with a noted decrease in both business volume and gross margin in the second half of the year [12] Asset Management - The company conducted impairment testing on its assets during the reporting period, which had a certain impact on net profit; additionally, it recognized share-based payment expenses of 22.45 million yuan due to the implementation of an equity incentive plan [13]

Financial Projections - The estimated net profit for 2025 is projected to be between ¥5,000,000 and ¥7,500,000, representing a decline of 90.48% to 85.73% compared to the previous year[3] - The net profit after deducting non-recurring gains and losses is expected to be between ¥2,000,000 and ¥3,000,000, reflecting a decrease of 95.89% to 93.83% year-on-year[3] Performance Decline - The decline in performance is primarily attributed to cyclical fluctuations in the photovoltaic industry and intensified market competition[5] Expenses and Investments - The company has recognized share-based payment expenses of ¥22,450,000 during the reporting period due to the implementation of an equity incentive plan[5] - Investments in brand, R&D, human resources, and new business areas have pressured profits, but the company aims to show positive results in 2026[6] Future Opportunities - The company anticipates that new revenue and profit streams will gradually emerge from overseas energy storage and commercial vehicle charging sectors[6] - The company plans to enhance and optimize its photovoltaic system integration business to adapt to market changes and seize new development opportunities[6] Cautionary Notes - The financial data in the earnings forecast has not been audited by registered accountants, and investors are advised to exercise caution[7]

证券代码：301046 证券简称：能辉科技 公告编号：2026-006 上海能辉科技股份有限公司 | 杜* | 100 | 7.1429% | 100 | | | --- | --- | --- | --- | --- | | 熊** | 100 | 7.1429% | 100 | | | 虢** | 300 | 21.4285% | 300 | | | 贾** | 300 | 21.4285% | 300 | | | 珠海创伟新能源有限公司 | 200 | 14.2856% | 200 | | | 合计 | 1,400 | 100.0000% | 1,300 | - | 公司将持续关注合伙企业的后续进展，并按照相关规定及时履行信息披露义 务，敬请广大投资者注意投资风险。 特此公告。 上海能辉科技股份有限公司董事会 二、进展情况 近日，公司收到基金管理人通知，根据合伙协议，有限合伙人已完成实缴出 资，投资基金资金已募集完毕，其中珠海创伟作为有限合伙人实缴出资200万元， 各合伙人出资情况具体如下： | 合伙人姓名/名称 | 认缴出资额（万 | 认缴出资比 | 实缴出资额（万 | 身份 | | --- | -- ...

Group 1 - The core point of the article is that Nenghui Technology (301046.SZ) announced its subsidiary, Zhuhai Chuangwei New Energy Co., Ltd., plans to invest RMB 2 million as a limited partner in a venture capital partnership focused on new generation technology companies [1] - Zhuhai Chuangwei will contribute 14.2856% of the total capital commitment to the fund, which is managed by Penghui (Shanghai) Private Fund Management Co., Ltd. and other limited partners [1] - The investment aims to target enterprises in the new generation technology sector [1]

证券代码：301046 证券简称：能辉科技 公告编号：2026-005 上海能辉科技股份有限公司 关于全资子公司与专业投资机构共同投资的公告 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。 一、与专业投资机构共同投资概况 上海能辉科技股份有限公司（以下简称"公司"）全资子公司珠海创伟新能 源有限公司（以下简称"珠海创伟"）拟作为有限合伙人以自有资金出资人民币 200万元，与专业投资机构鹏汇（上海）私募基金管理有限公司及其他有限合伙 人共同投资扬州鹏汇毅行二期创业投资合伙企业（有限合伙）（以下简称"基金" 或"合伙企业"），珠海创伟占基金认缴出资总额的14.2856%。 根据《公司法》《深圳证券交易所创业板股票上市规则》和《公司章程》等 相关规定，本次参与投资基金事项无需提交公司董事会、股东会审议。 本次对外投资事项不构成关联交易，亦不构成《上市公司重大资产重组管理 办法》规定的重大资产重组，无需经过有关部门批准。 二、合作方基本情况 （一）普通合伙人、执行事务合伙人、基金管理人 机构名称：鹏汇（上海）私募基金管理有限公司 企业类型：有限责任公司（自然人投资或控 ...

Core Insights - The professional engineering sector experienced a slight increase of 0.08% on January 19, with Hongsheng Huayuan leading the gains [1] - The Shanghai Composite Index closed at 4114.0, up by 0.29%, while the Shenzhen Component Index closed at 14294.05, up by 0.09% [1] Stock Performance - The following stocks in the professional engineering sector showed significant declines: - Yaxiang Integration (603929) decreased by 10.00% to a closing price of 147.11, with a trading volume of 67,800 shares and a transaction value of 1.032 billion [1] - Hangxiao Steel Structure (600477) fell by 6.93% to 3.36, with a trading volume of 3,472,400 shares and a transaction value of 1.151 billion [1] - Shenghui Sun Cheng (603163) dropped by 4.91% to 86.67, with a trading volume of 103,400 shares and a transaction value of 908 million [1] Capital Flow - The professional engineering sector saw a net outflow of 182 million from institutional investors, while retail investors contributed a net inflow of 107 million [3] - Notable capital flows included: - Hongsheng Huayuan (601096) had a net inflow of 89.03 million from institutional investors, but a net outflow of 61.33 million from retail investors [3] - Lixiangte (605167) experienced a net inflow of 57.38 million from institutional investors and a net inflow of 57.46 million from retail investors [3]

Group 1 - The core point of the article is that Nenghui Technology announced the approval of a stock incentive plan during its fourth board meeting, which includes granting reserved restricted stocks for 2024 and adjusting the grant price [2] Group 2 - The board meeting was the sixth session of the fourth board of directors [2] - The announcement indicates a strategic move to motivate and retain key personnel through stock incentives [2] - The adjustment of the grant price suggests a response to market conditions or company performance [2]