Revenue and Profit - The company's revenue for Q1 2025 was ¥310,449,084.33, representing a 26.60% increase compared to ¥245,217,320.26 in the same period last year[5]. - Net profit attributable to shareholders decreased by 42.35% to ¥5,739,787.71 from ¥9,956,886.42 year-on-year[5]. - The company's diluted earnings per share decreased by 38.56% to ¥0.0384 from ¥0.0625 in the same period last year[5]. - Operating profit for the current period is 7,731,906.66, down 30.9% from 11,060,892.93 in the previous period[22]. - Total profit for the current period is 7,695,074.19, a decline of 30.5% from 11,061,084.11 in the previous period[22]. - The basic and diluted earnings per share for the current period are both 0.0384, compared to 0.0625 in the previous period, reflecting a decrease of 38.4%[22]. Cash Flow and Financial Position - The net cash flow from operating activities improved significantly, with a net outflow of ¥12,825,142.88, a 94.09% reduction from a net outflow of ¥216,840,117.38 in the previous year[11]. - Cash flow from operating activities shows a net outflow of -12,825,142.88, compared to -216,840,117.38 in the previous period, indicating an improvement[25][26]. - Cash flow from investing activities results in a net outflow of -11,448,365.59, compared to a net inflow of 68,643,071.38 in the previous period[25][26]. - Cash flow from financing activities shows a net inflow of 16,286,713.87, down from 38,969,187.50 in the previous period[26]. - The total cash and cash equivalents at the end of the period is 290,641,469.68, slightly down from 287,815,785.84 in the previous period[26]. - The company's cash and cash equivalents increased to ¥342,044,355.08 from ¥340,019,093.52, showing a slight growth of 0.6%[18]. Assets and Liabilities - Total assets increased by 6.63% to ¥2,096,321,546.75 from ¥1,966,055,344.65 at the end of the previous year[5]. - Total liabilities rose to ¥1,237,232,457.06 from ¥1,118,319,213.63, an increase of 10.7%[19]. - The equity attributable to the parent company increased to ¥859,089,089.69 from ¥847,736,131.02, a growth of 1.5%[20]. Inventory and Expenses - The company's inventory rose by 41.25% to ¥384,846,255.39, attributed to increased stockpiling during the period[9]. - Management expenses surged by 132.12% to ¥20,054,836.39, primarily due to increased share-based payment expenses[10]. - Research and development expenses for the current period were ¥6,895,104.58, compared to ¥5,914,869.43 in the previous period, marking an increase of 16.5%[21]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,314, with the top ten shareholders holding significant stakes[12]. - The largest shareholder, Shanghai Nenghui Investment Holding Co., Ltd., holds 32 million shares, representing a significant portion of the company's equity[13]. - The company has a total of 26,568,000 shares under lock-up for the major shareholder, Luo Chuan Kui, due to executive lock-up regulations[15]. - The company has 5.78% of shares held by individual shareholder Wen Peng Fei, amounting to 8,809,600 shares[13]. - The total number of shares held by the top 10 unrestricted shareholders amounts to 66,000,000 shares[13]. - The company reported a total of 703,900 shares held by Xiamen Ningshui Private Fund Management Co., Ltd. under a margin trading account[13]. Future Strategy - The company plans to expand its market presence and enhance product development as part of its future strategy[16]. - The company is actively managing its shareholder structure to ensure compliance with regulations and optimize capital allocation[16]. - The company has implemented a stock incentive plan that includes a phased release of restricted shares, with specific dates for unlocking[15]. - The board approved the first grant of restricted stock under the 2024 incentive plan, with 2.605 million shares granted to 34 eligible participants, and an additional 920,000 shares to 4 other participants[16].

Financial Performance - The company's operating revenue for 2024 reached ¥1,097,296,501.11, representing an increase of 85.74% compared to ¥590,783,844.77 in 2023[20] - The net profit attributable to shareholders for 2024 was ¥52,541,237.48, a decrease of 9.71% from ¥58,193,857.95 in 2023[20] - The net cash flow from operating activities for 2024 was -¥160,562,481.94, showing a slight decrease of 0.13% compared to -¥160,347,055.55 in 2023[20] - The total assets at the end of 2024 amounted to ¥1,966,055,344.65, reflecting a growth of 12.86% from ¥1,741,995,191.91 at the end of 2023[20] - The basic earnings per share for 2024 were ¥0.35, a decrease of 10.26% compared to ¥0.39 in 2023[20] - The company's total revenue for the reporting period reached ¥1,097,296,501.11, representing an 85.74% increase compared to ¥590,783,844.77 in the previous year[85] - The company's revenue from the renewable energy sector reached ¥1,097,296,501.11, with a gross margin of 16.53%[90] - The photovoltaic power station system generated revenue of ¥1,027,680,803, with a gross margin of 14.99%[91] - The company reported a year-on-year revenue increase of 85.74% in the renewable energy sector[90] Dividend Policy - The company plans to distribute a cash dividend of 3 RMB per 10 shares to all shareholders, based on a total share capital of 152,295,829 shares as of March 31, 2025[4] - The company commits to distributing no less than 10% of the available profit in cash dividends each year[199] - The profit distribution policy must maintain continuity and stability, with adjustments only made under significant changes in external or internal operating conditions[197] - Major capital expenditures are defined as transactions involving assets exceeding 50% of the latest audited total assets or significant investments exceeding ¥30 million in revenue or profit[200] Risks and Challenges - The company faces major risks including intensified competition in the photovoltaic industry, declining gross margins, and risks related to accounts receivable recovery[3] - The company has outlined potential risks in its future development outlook, including raw material price fluctuations and negative operating cash flow risks[3] - The company acknowledges potential risks from policy changes, market competition, and international trade barriers that may impact the photovoltaic industry[142] - The company faces risks from increasing competition in the photovoltaic industry, necessitating enhanced technological innovation and business expansion to maintain market position and profitability[143] - The gross profit margin of the company's main business is under pressure due to increased competition and potential changes in industry supply-demand dynamics, which could adversely affect costs and pricing[144] Operational Strategy - The company aims to expand its overseas photovoltaic storage market and commercial vehicle charging and swapping business to enhance profitability[30] - The company plans to maintain growth in photovoltaic power station system integration contracts and scale, leveraging its technical advantages and quality client resources[30] - The company is actively involved in the system integration of both centralized and distributed photovoltaic power stations, which are significant revenue contributors[46][47] - The company is focusing on investment and operation of distributed photovoltaic power stations, emphasizing high efficiency and local solar resource utilization[50] - The company is exploring new business cooperation opportunities by conducting market research and understanding regional industrial planning[58] Research and Development - The company emphasizes innovation in R&D, with dedicated research departments focusing on various renewable energy technologies[64] - Research and development expenses increased by 55.31% to ¥31,967,368.66, reflecting a significant investment in innovation[102] - The number of R&D personnel rose by 38.78% to 68, with a notable increase in those holding bachelor's degrees[103] - The company is enhancing its research and development efforts to support the growth of its emerging business segments and reduce associated development risks[150] Corporate Governance - The company’s financial report is guaranteed to be true, accurate, and complete by its board of directors and senior management[3] - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with legal and regulatory requirements[156] - The company actively manages investor relations, providing multiple communication channels to ensure investors' right to information and protect the rights of minority shareholders[157] - The company has implemented a governance structure that complies with relevant laws and regulations, with no significant discrepancies identified[159] Market Expansion - The company aims to enhance its core competitiveness by continuously investing in research and development in the fields of photovoltaic energy, new energy storage, and intelligent microgrid systems[78] - The company is focusing on expanding its market presence in regions with high electricity demand, such as Guangdong, where the investment efficiency of photovoltaic projects is notably advantageous[74] - The company is committed to improving cash flow management and contract execution to address ongoing negative cash flow issues[148] - The company is exploring potential mergers and acquisitions to bolster its market position and expand its technological capabilities[94] Employee Management - The total number of employees at the end of the reporting period was 299, including 231 from the parent company and 68 from major subsidiaries[192] - The company has established a fair and transparent salary incentive mechanism, which includes basic salary, position salary, and performance bonuses[193] - The company has implemented a series of employee training programs to enhance business skills and job competencies, including onboarding training and professional technical training[194] - The company has a performance management system in place to evaluate employee performance, overseen by the human resources department[193] Financial Management - The company has established a complete business process and has the ability to operate independently in the market, with no reliance on shareholders or related parties for operations[160] - The company has set up an independent financial department with a complete and standardized financial accounting and management system, allowing for independent financial decision-making[161] - The company reported a negative net cash flow from operating activities of -160.56 million yuan, continuing a trend of negative cash flow for three consecutive years, which could impact its ability to meet operational payments and debt obligations[148] - The company has established a profit distribution policy that prioritizes cash dividends, aiming for a minimum cash dividend ratio of 80% for mature stages without significant capital expenditures[198]

提示性公告 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： | 证券代码：301046 | 证券简称：能辉科技 | 公告编号：2025-015 | | --- | --- | --- | | 债券代码：123185 | 债券简称：能辉转债 | | 上海能辉科技股份有限公司 关于能辉转债预计触发转股价格向下修正条件的 | 1、证券代码：301046 | 证券简称：能辉科技 | | --- | --- | | 2、债券代码：123185 | 债券简称：能辉转债 | 3、转股价格：22.45元/股 4、转股期限：2023年10月9日至2029年3月30日 5、自2025年4月7日至2025年4月18日，公司股票已有10个交易日的收盘价低 于当期转股价格22.45元/股的85%，根据《上海能辉科技股份有限公司创业板向 不特定对象发行可转换公司债券募集说明书》（以下简称"《募集说明书》"）的 相关规定，如后续公司股票收盘价格继续低于当期转股价的85%，预计将可能触 发"能辉转债"转股价格向下修正条件。 一、可转换公司债券基本情况 （一）可转换公司债券发行情况 ...

上海能辉科技股份有限公司 | 证券代码：301046 | 证券简称：能辉科技 | 公告编号：2025-014 | | --- | --- | --- | | 债券代码：123185 | 债券简称：能辉转债 | | 关于 2025 年第一季度可转换公司债券转股情况的公告 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。 特别提示： | | | 根据《深圳证券交易所股票上市规则》《深圳证券交易所上市公司自律监管 指引第15号——可转换公司债券》的有关规定，上海能辉科技股份有限公司（以 下简称"公司"）现将2025年第一季度可转换公司债券转股及公司股份变动情况公 告如下： 一、可转换公司债券基本情况 （一）可转换公司债券发行情况 经中国证券监督管理委员会"证监许可〔2023〕221号"文同意注册，上海能 辉科技股份有限公司（以下简称"公司"）于2023年3月31日向不特定对象发行了 3,479,070张可转换公司债券（以下简称"可转债"），每张面值100元，发行总额 34,790.70万元。发行方式采用向原股东优先配售，原股东优先配售后余额部分（含 原股东放弃优先配售 ...

| 证券代码：301046 | 证券简称：能辉科技 | 公告编号：2025-013 | | --- | --- | --- | | 债券代码：123185 | 债券简称：能辉转债 | | 上海能辉科技股份有限公司 关于"能辉转债"2025 年付息的公告 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。 特别提示： 1、"能辉转债"（债券代码：123185）将于2025年3月31日按面值支付第二年 利息，每10张"能辉转债"（面值1,000元）利息为4元（含税）。 2、债权登记日：2025年3月28日（星期五） 3、付息日：2025年3月31日（星期一） 4、除息日：2025年3月31日（星期一） 5、本次付息期间及票面利率：计息期间为2024年3月31日至2025年3月30日， 票面利率为0.40%。 6、"能辉转债"本次付息的债权登记日为2025年3月28日，截止2025年3月28 日下午深圳证券交易所收市后，在中国证券登记结算有限责任公司深圳分公司 （以下简称"中国结算深圳分公司"）登记在册的全体"能辉转债"持有人享有本次 派发的利息，在2025年3月28日 ...

| 证券代码：301046 | 证券简称：能辉科技 | 公告编号：2025-012 | | --- | --- | --- | | 债券代码：123185 | 债券简称：能辉转债 | | 上海能辉科技股份有限公司 关于股东股份减持计划实施完毕的公告 一、股东减持情况 | 股东名称 | 减持方式 | 减持股份来 | 减持期间 | 减持均价 | 减持股 | 减持比 | | --- | --- | --- | --- | --- | --- | --- | | | | 源 | | (元/股) | 数(股) | 例(%) | | 济南晟兴 | 集中竞价 | 首发前已发行 | 2025.2.18- | 20.60 | 358,910 | 0.24 | | | 交易 | 股份 | 2025.3.3 | | | | | 济南晟泽 | 集中竞价 | 首发前已发行 | 2025.2.18- | 20.60 | 350,982 | 0.23 | | | 交易 | 股份 | 2025.3.4 | | | | | 合计 | | - | - | - | 709,892 | 0.47 | 1、股东减持股份情况 2、股东本次减持前后持股情 ...

证券代码：301046 证券简称：能辉科技 上海能辉科技股份有限公司投资者关系活动记录表 编号：2025-001 | 特定对象调研 | ☐分析师会议 | 投资者关系活动类别 | | | | --- | --- | --- | --- | --- | | ☐媒体采访 | ☐业绩说明会 | | | | | ☐新闻发布会 | ☐路演活动 | | | | | ☐现场参观 | | | | | | ☐其他（请文字说明其他活动内容） | | | | | | 西北投资管理(香港)有限公司 | Alastair | Dunn, | Tobey | 参与单位名称及人员 | | Chan | 姓名 | | | | | 2025年2月28日 | 11:30-12:30 | 时间 | | | | 公司会议室 | 地点 | | | | | 副总经理、董事会秘书 | 罗联明 | | | | | 上市公司接待人员姓名 | 财务总监 | 宋月月 | | | | 证券事务代表 | 杨静 | | | | | 董事会秘书罗联明先生进行了公司介绍。 | | | | | | 1、公司选择发行可转换公司债券而不是贷款、普 | | | | | | 通债券 ...

股票简称：能辉科技 股票代码：301046 债券简称：能辉转债 证券代码：123185 海通证券股份有限公司 关于 上海能辉科技股份有限公司 创业板向不特定对象发行可转换公司债券 第一次临时受托管理事务报告 （2025 年度） 债券受托管理人 （上海市广东路 689 号） 二〇二五年二月 重要声明 本报告依据《公司债券发行与交易管理办法》（以下简称"《管理办法》"） 《上海能辉科技股份有限公司创业板向不特定对象发行可转换公司债券受托管 理协议》（以下简称"《受托管理协议》"）《上海能辉科技股份有限公司创业板 向不特定对象发行可转换公司债券募集说明书》（以下简称"《募集说明书》"） 等相关公开信息披露文件，由本期债券受托管理人海通证券股份有限公司（以 下简称"海通证券"）编制。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相 关事宜做出独立判断，而不应将本报告中的任何内容据以作为海通证券所作的 承诺或声明。在任何情况下，投资者依据本报告所进行的任何作为或不作为， 海通证券不承担任何责任。 1 海通证券股份有限公司作为上海能辉科技股份有限公司创业板向不特定对 象发行可转换公司债券（债券简称：能辉 ...

| 证券代码：301046 | 证券简称：能辉科技 | 公告编号：2025-011 | | --- | --- | --- | | 债券代码：123185 | 债券简称：能辉转债 | | 上海能辉科技股份有限公司 关于为全资子公司提供担保的进展公告 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、担保情况概述 上海能辉科技股份有限公司（以下简称"公司"）于2024年3月7日召开第三届 董事会第二十四次会议、于2024年3月25日召开2024年第一次临时股东大会，审 议通过了《关于公司及子公司2024年度向银行等金融机构申请综合授信额度及公 司为子公司提供担保额度预计的议案》，同意2024年度公司为下属全资子公司贵 州能辉智慧能源科技有限公司（以下简称"贵州能辉）、珠海金魁新能源科技有 限公司、珠海创伟新能源有限公司、上海能魁新能源科技有限公司、山东烁辉光 伏科技有限公司、珠海乾魁新能源科技有限公司、上海能辉清洁能源科技有限公 司、上海奉魁新能源科技有限公司在授信额度内的融资事项提供担保，担保总额 度预计不超过人民币49,500万元（含本数），有效期自股东大 ...

| 证券代码：301046 | 证券简称：能辉科技 | 公告编号：2025-009 | | --- | --- | --- | | 债券代码：123185 | 债券简称：能辉转债 | | 上海能辉科技股份有限公司 关于 2024 年限制性股票激励计划第一类限制性股票 首次授予登记完成的公告 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。 重要内容提示： 根据中国证监会《上市公司股权激励管理办法》、深圳证券交易所、中国证 券登记结算有限责任公司深圳分公司的有关规定，上海能辉科技股份有限公司 （以下简称"公司"）完成了2024年限制性股票激励计划（以下简称"本次激励计 划"）第一类限制性股票的首次授予登记工作，现将有关情况公告如下： 一、本次激励计划已履行的相关审批程序 1、2024年12月27日，公司召开第三届董事会第三十九次会议，审议通过《关 于公司<2024年限制性股票激励计划（草案）>及其摘要的议案》《关于公司<2024 年限制性股票激励计划实施考核管理办法>的议案》《关于提请公司股东大会授 权董事会办理2024年限制性股票激励计划相关事宜的议案》等议案。 ...