关于参加 2025 苏州上市公司投资者集体接待日活动的公告 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。 为进一步加强与投资者的互动交流，苏州英华特涡旋技术股份有限公司（以下 简称"公司"）将参加"2025 苏州上市公司投资者集体接待日"活动，现将相关事 项公告如下： 证券代码：301272 证券简称：英华特 公告编号：2025-064 苏州英华特涡旋技术股份有限公司 特此公告。 苏州英华特涡旋技术股份有限公司董事会 2025 年 11 月 27 日 1 出席本次年度网上集体接待日的人员有：公司董事会秘书。 本 次 活 动 将 采 用 网 络 远 程 的 方 式 举 行 ， 投 资 者 可 登 录 " 全 景 路 演 " （http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP，参 与本次互动交流，活动时间为 2025 年 12 月 2 日（星期二，15:30-17:00）。 届时公司高管将在线就投资者关心的问题，与投资者进行沟通与交流，欢迎广 大投资者踊跃参与！ ...

Core Viewpoint - Yinghuate reported a decrease in the number of shareholders and a decline in stock price despite a recent increase in financing balance [2] Group 1: Shareholder and Stock Performance - As of November 20, the number of shareholders for Yinghuate was 5,806, a decrease of 471 from the previous period, representing a decline of 7.50% [2] - The closing price of Yinghuate on the reporting date was 41.70 yuan, reflecting an increase of 2.89%, although the stock price has cumulatively decreased by 3.11% since the concentration of shares began [2] - The stock experienced 6 days of increases and 4 days of decreases during the reporting period [2] Group 2: Financing and Revenue - As of November 21, the margin trading balance for Yinghuate was 67.8475 million yuan, with the financing balance also at 67.8475 million yuan, indicating an increase of 5.1084 million yuan, or 8.14%, since the concentration of shares began [2] - The company's third-quarter report indicated that for the first three quarters, it achieved operating revenue of 405 million yuan, a year-on-year decrease of 6.05%, and a net profit of 20.0701 million yuan, a year-on-year decline of 63.29% [2] - The basic earnings per share were reported at 0.3400 yuan, with a weighted average return on equity of 1.96% [2]

Core Viewpoint - The company Yinghuate experienced a decline of 3.47% in stock price on November 19, with a trading volume of 46.27 million yuan and a total market capitalization of 2.506 billion yuan [1]. Company Overview - Yinghuate specializes in the research, development, production, and sales of scroll compressors, primarily used in heat pumps, commercial air conditioning, and refrigeration equipment [2][3]. - The company has been recognized as a "specialized, refined, distinctive, and innovative" small giant enterprise, indicating its strong market position and innovation capabilities [2]. - Yinghuate's product applications include electric vehicle parking cooling and heating, as well as cold chain logistics vehicles [3]. Financial Performance - For the period from January to September 2025, Yinghuate reported a revenue of 405 million yuan, a year-on-year decrease of 6.05%, and a net profit attributable to shareholders of 20.07 million yuan, down 63.29% year-on-year [8]. - The company has distributed a total of 69.40 million yuan in dividends since its A-share listing [9]. Market Dynamics - The company has seen an increase in orders from Russia due to geopolitical factors, and it has also expanded its market presence in India, with these two countries accounting for a significant portion of its export revenue [3]. - The top five export markets in 2022 were Russia, Brazil, India, Slovakia, and the United States, collectively representing 80.16% of the company's foreign sales [3]. Shareholder and Trading Information - As of November 10, 2025, the number of shareholders increased to 6,277, with an average of 4,990 circulating shares per person, a decrease of 1.91% from the previous period [8]. - The average trading cost of the stock is 45.88 yuan, with the current price fluctuating between resistance at 45.37 yuan and support at 40.72 yuan [6].

Core Viewpoint - The stock of Yinghuate has experienced fluctuations, with a current price of 43.41 CNY per share, reflecting a year-to-date increase of 28.30% but a recent decline over the past 20 days [1][2]. Financial Performance - For the period from January to September 2025, Yinghuate reported a revenue of 405 million CNY, representing a year-on-year decrease of 6.05%. The net profit attributable to shareholders was 20.07 million CNY, down 63.29% compared to the previous year [2]. - Since its A-share listing, Yinghuate has distributed a total of 69.40 million CNY in dividends [3]. Shareholder Information - As of November 10, 2025, the number of shareholders for Yinghuate increased to 6,277, marking a 1.95% rise. The average number of circulating shares per person decreased by 1.91% to 4,990 shares [2]. Market Activity - On November 19, Yinghuate's stock saw a decline of 2.16% during trading, with a total market capitalization of 2.54 billion CNY. The stock experienced a trading volume of 16.40 million CNY and a turnover rate of 1.19% [1]. - The net inflow of main funds was 1.78 million CNY, with significant buying and selling activity noted [1]. Business Overview - Yinghuate, established on November 29, 2011, specializes in the development, production, and sales of energy-efficient and low-noise scroll compressors. Its revenue sources include commercial air conditioning (36.22%), refrigeration (32.09%), heat pumps (28.75%), and electric vehicle applications (2.77%) [1]. - The company operates within the mechanical equipment sector, specifically in general equipment and refrigeration and air conditioning equipment [1]. Institutional Holdings - As of September 30, 2025, the top ten circulating shareholders of Yinghuate saw a change, with the Noan Multi-Strategy Mixed A fund exiting the list [3].

Group 1 - The company, Yinghuate (301272), reported that as of November 10, 2025, the number of shareholders is 6,277 [1]

Core Viewpoint - The company Yinghuate has shown a slight increase in stock price and is involved in the development and production of energy-efficient scroll compressors, with a focus on various applications including heat pumps and refrigeration systems [1][3]. Company Overview - Yinghuate specializes in the research, development, production, and sales of scroll compressors, primarily used in heat pumps, commercial air conditioning, and refrigeration equipment [2][3]. - The company was established on November 29, 2011, and went public on July 13, 2023. Its main business revenue composition includes: commercial air conditioning applications (36.22%), refrigeration and freezing applications (32.09%), heat pump applications (28.75%), and electric vehicle applications (2.77%) [7]. Market Position and Recognition - Yinghuate has been recognized as a "specialized, refined, distinctive, and innovative" small giant enterprise, which is a prestigious title for small and medium-sized enterprises in China, indicating strong innovation capabilities and high market share [2]. - The company has increased its export revenue significantly, particularly to Russia and India, due to geopolitical factors, with the top five export countries being Russia, Brazil, India, Slovakia, and the United States, accounting for 80.16% of its foreign sales revenue in 2022 [3]. Financial Performance - As of the first nine months of 2025, Yinghuate reported a revenue of 405 million yuan, a year-on-year decrease of 6.05%, and a net profit attributable to shareholders of 20.07 million yuan, down 63.29% compared to the previous year [8]. - The company has distributed a total of 69.4 million yuan in dividends since its A-share listing [9]. Stock Performance and Trading Activity - On November 13, Yinghuate's stock price increased by 0.19%, with a trading volume of 29.04 million yuan and a turnover rate of 2.14%, resulting in a total market capitalization of 2.526 billion yuan [1]. - Recent trading activity indicates a net outflow of 1.447 million yuan from major investors, with a significant reduction in holdings over the past two days [4][5].

Investment Rating - The report maintains a positive outlook on the home appliance industry, particularly highlighting the resilience of the white goods sector and the potential for growth driven by policy changes and market dynamics [3][5]. Core Insights - The home appliance sector has shown stronger export performance compared to domestic sales, with various segments experiencing differing trends in sales and production [4][12]. - The report identifies three main investment themes: white goods, export-driven companies, and core components, recommending specific companies within these categories for investment [5][6]. Summary by Sections Industry Performance - In September 2025, the air conditioning sector saw a total production of 10.57 million units, a year-on-year decrease of 13.5%, while total sales were 10.88 million units, down 10.2%. Domestic sales were 5.95 million units, down 2.5%, and exports were 4.94 million units, down 18.1% [4][34]. - The refrigerator sector reported a production of 8.72 million units, a slight decrease of 0.5%, with total sales of 8.34 million units, a marginal increase of 0.12%. Domestic sales fell by 7.35% to 3.87 million units, while exports rose by 7.63% to 4.47 million units [4][41]. - The washing machine sector experienced a production increase of 10.4% to 9.05 million units, with total sales rising by 7.52% to 8.85 million units. Domestic sales decreased by 6.88% to 4.06 million units, while exports surged by 23.76% to 4.79 million units [4][43]. Investment Themes - The white goods sector is expected to benefit from a reversal in real estate policies, with characteristics such as low valuation, high dividends, and stable growth making it attractive for investment. The report suggests that the "trade-in" policy could act as a catalyst for growth [5][6]. - For export-driven companies, the report recommends firms like Ousheng Electric and Dechang Co., which are expected to see revenue growth from large customer orders and expanding automotive parts businesses [5][6]. - In the core components segment, companies like Huaxiang Co. and Shun'an Environment are highlighted for their competitive advantages and growth potential in the context of rising demand for key components in the white goods sector [5][6]. Market Dynamics - The report notes that the overall home appliance index underperformed compared to the CSI 300 index, with a decline of 0.5% in the home appliance sector index while the CSI 300 rose by 0.8% [5][7]. - The report emphasizes the importance of emerging markets in driving export growth, particularly in regions like Africa and South America, despite challenges such as tariffs and high inventory levels [5][12].

Core Viewpoint - The company Yinghuate has experienced a decline in stock price and trading volume, while also being recognized as a "specialized, refined, distinctive, and innovative" enterprise, which is a significant honor for small and medium-sized enterprises in China [1][2]. Company Overview - Yinghuate specializes in the research, development, production, and sales of scroll compressors, primarily used in heat pumps, commercial air conditioning, and refrigeration equipment [2][3]. - The company was founded on November 29, 2011, and went public on July 13, 2023. Its main business revenue composition includes: commercial air conditioning applications (36.22%), refrigeration and freezing applications (32.09%), heat pump applications (28.75%), and electric vehicle scroll compressors (2.77%) [7][8]. Market Position and Performance - Yinghuate has been recognized as a national-level "specialized, refined, distinctive, and innovative" small giant enterprise, which enhances its competitiveness and stability in the supply chain [2]. - In 2022, the company saw a significant increase in orders from Russia due to geopolitical factors, and it has also expanded its market presence in India, with the top five export countries being Russia, Brazil, India, Slovakia, and the United States, accounting for 80.16% of its export revenue [3]. Financial Performance - As of the first nine months of 2025, Yinghuate reported a revenue of 405 million yuan, a year-on-year decrease of 6.05%, and a net profit attributable to shareholders of 20.07 million yuan, down 63.29% year-on-year [8]. - The company has distributed a total of 69.3981 million yuan in dividends since its A-share listing [9]. Stock and Trading Analysis - On November 7, Yinghuate's stock price fell by 1.17%, with a trading volume of 27.8468 million yuan and a market capitalization of 2.562 billion yuan [1]. - The average trading cost of the stock is 46.42 yuan, with recent buying activity observed, although the buying strength is not strong. The stock is currently trading between a resistance level of 46.17 yuan and a support level of 40.80 yuan [6].

Core Viewpoint - Suzhou Yinghuate Vortex Technology Co., Ltd. announced its 2025 mid-term profit distribution plan, which includes a cash dividend of 0.8 yuan per 10 shares, totaling approximately 4.65 million yuan, based on a total share capital of 58,502,300 shares, excluding repurchased shares [1][3][6]. Summary by Sections Profit Distribution Plan - The company will distribute a cash dividend of 0.8 yuan per 10 shares, amounting to a total of 4,653,545.28 yuan, based on a total share capital of 58,502,300 shares, excluding 332,984 shares held in the repurchase account [1][3][6]. - The profit distribution does not include stock dividends or capital reserve transfers, with remaining undistributed profits carried forward to future periods [1][3][4]. Share Capital and Dividend Calculation - The total share capital remains unchanged before and after the distribution, but the cash dividend per share will decrease due to the exclusion of repurchased shares [2][4]. - The adjusted ex-dividend price will be calculated as the closing price on the record date minus 0.0795446 yuan per share [2][11]. Shareholder Meeting and Approval - The profit distribution plan was approved during the 2024 annual shareholder meeting held on May 19, 2025, and subsequently confirmed by the company's board meeting on October 27, 2025 [3][4][5]. Record and Ex-Dividend Dates - The record date for the dividend distribution is set for November 13, 2025, and the ex-dividend date is November 14, 2025 [6][8]. Dividend Distribution Method - Cash dividends will be directly credited to shareholders' accounts through their custodial securities companies on the ex-dividend date [9][10].

Group 1 - The company announced a mid-term profit distribution plan for 2025, proposing a cash dividend of 0.800000 RMB per 10 shares to all shareholders [2] - The distribution is based on a total share capital of 58,169,316 shares, excluding 332,984 repurchased shares [2] - The record date for the dividend is set for November 13, 2025, and the ex-dividend date is November 14, 2025 [2]