Group 1 - The core point of the announcement is that Suzhou Yinghuate Vortex Technology Co., Ltd. has a major shareholder, Suzhou Xieli Venture Capital Co., Ltd., planning to reduce its stake in the company by selling up to approximately 580,000 shares, which represents 1% of the total share capital after excluding shares held in the company's repurchase account [1][1][1] - Suzhou Xieli Venture Capital currently holds about 5.07 million shares, accounting for 8.71% of the total share capital after excluding shares in the repurchase account [1][1][1] - The planned reduction will take place within three months after the announcement, starting 15 trading days from the date of the announcement [1][1][1]

证券代码：301272 证券简称：英华特 公告编号：2025-055 苏州英华特涡旋技术股份有限公司 关于公司股东减持股份的预披露公告 公司持股 5%以上股东苏州协立创业投资有限公司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： 苏州英华特涡旋技术股份有限公司（以下简称"公司"或"英华特"）持股 5% 以上股东苏州协立创业投资有限公司（以下简称"协立创投"）持有公司股份 5,069,200 股（占剔除本公司回购专用证券账户中的股份数量后的总股本比例为 8.71%），协立创投计划自本公告披露之日起 15 个交易日后的 3 个月内以集中竞价 交易方式减持本公司股份不超过 581,693 股（占剔除本公司回购专用证券账户中的 股份数量后的总股本比例为 1%）。 股东协立创投与公司股东苏州君实协立创业投资有限公司的控股股东皆为南京 协立创业投资有限公司，为一致行动人，计算减持比例时，应当合并计算。协立创 投与苏州君实协立创业投资有限公司系在中国证券投资基金业协会备案的私募股权 投资基金，符合《上市公司股 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 经中国证券监督管理委员会《关于同意苏州英华特涡旋技术股份有限公司首次公开发行股票注册的批 复》（证监许可[2023]1049号）同意注册，并经深圳证券交易所同意，苏州英华特涡旋技术股份有限公 司（以下简称"公司"）首次向社会公开发行人民币普通股（A股）股票1,463万股，每股面值1.00元，每 股发行价格为人民币51.39元，本次发行募集资金总额为人民币751,835,700.00元，扣除全部发行费用 （不含税）人民币95,388,430.36元后，实际募集资金净额为人民币656,447,269.64元。募集资金已于2023 年7月10日划至公司指定账户。天健会计师事务所（特殊普通合伙）对上述募集资金的到位情况进行了 审验，并于2023年7月10日出具《验资报告》（天健验〔2023〕356号）。 二、募集资金管理情况 为规范公司募集资金管理和使用，保护投资者权益，公司根据《中华人民共和国公司法》《中华人民共 和国证券法》《上市公司募集资金监管规则》《深圳证券交易所创业板股票上市规则》《深圳证券交易 所上市公司自律监管指引第2号一一创业板上市公司规范运作》等有关 ...

证券代码：301272 证券简称：英华特 公告编号：2025-054 苏州英华特涡旋技术股份有限公司 关于注销部分募集资金专项账户的公告 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、募集资金基本情况 经中国证券监督管理委员会《关于同意苏州英华特涡旋技术股份有限公司首 次公开发行股票注册的批复》（证监许可[2023]1049 号）同意注册，并经深圳证 券交易所同意，苏州英华特涡旋技术股份有限公司（以下简称"公司"）首次向 社会公开发行人民币普通股（A 股）股票 1,463 万股，每股面值 1.00 元，每股发 行价格为人民币 51.39 元，本次发行募集资金总额为人民币 751,835,700.00 元， 扣除全部发行费用（不含税）人民币 95,388,430.36 元后，实际募集资金净额为 人民币 656,447,269.64 元。募集资金已于 2023 年 7 月 10 日划至公司指定账户。 天健会计师事务所（特殊普通合伙）对上述募集资金的到位情况进行了审验，并 于 2023 年 7 月 10 日出具《验资报告》（天健验〔2023〕356 号）。 | ...

Core Viewpoint - The company, Yinghuate, is navigating macroeconomic challenges by increasing R&D investments and exploring emerging application areas to advance domestic substitution processes in the scroll compressor market [1][10]. Financial Performance - In the first half of 2025, Yinghuate reported revenue of 243 million yuan, showing a slight year-on-year decline, but significant progress was made in R&D, market expansion, and capacity building [1]. - The net profit attributable to shareholders was 9.37 million yuan, with R&D expenditure reaching 32.56 million yuan, a substantial increase of 62.46% year-on-year, accounting for 13.4% of total revenue [2]. Technological Innovation - The company achieved multiple breakthroughs in technology, developing several innovative products, including environmentally friendly refrigerant compressors and a new generation of variable frequency compressors [6]. - The ultra-high temperature scroll compressor, using R1233zd(E) refrigerant, can reach a condensation temperature of 155°C, with energy efficiency improved by over 300% [6]. Market Expansion - Yinghuate is actively promoting domestic substitution in a market traditionally dominated by foreign brands, with sales covering regions such as Europe, South America, North America, and Southeast Asia [8]. - The company plans to invest more resources in expanding overseas markets and establishing overseas production bases [8]. Capacity Building - The construction of a production base in Thailand is underway, with the subsidiary expected to be operational by the fourth quarter of 2025, aiming to strengthen competitiveness in Southeast Asia and surrounding regions [9]. - The company is also advancing its digital factory initiatives, with 2024 marked as the "Digital Yinghuate" year, focusing on creating a highly digitalized and intelligent manufacturing system [9]. Future Outlook - Despite short-term performance pressures, several research institutions maintain an optimistic view on Yinghuate's long-term development, highlighting the potential for R&D investments to translate into competitive advantages [10]. - The company is expected to benefit from supportive domestic policies, particularly in the heat pump sector, providing long-term growth opportunities as it continues to focus on technology development and market demand [10].

Core Viewpoint - The company experienced a decline in revenue and net profit in the first half of 2025, attributed to a slowdown in downstream investment, but showed growth in certain product areas like commercial air conditioning and refrigeration [1][2]. Financial Performance - The company's revenue for the first half of 2025 was 243 million yuan, a year-on-year decrease of 7.54% [1]. - The net profit attributable to shareholders was 9.37 million yuan, down 69.33% year-on-year [1]. - Research and development expenditure was 32.56 million yuan, accounting for 13.40% of revenue [1]. Product and Market Insights - The company highlighted its competitive advantages over foreign brands, including significant achievements in energy-efficient and innovative technology for scroll compressors [2]. - The company has been expanding its product platforms, including variable frequency compressors and centrifugal compressors, with existing technical reserves [2]. - The company is focusing on the rapidly growing data center market, planning to develop products to capture market share [2]. Future Outlook - The company aims to continue driving technological innovation, aligning product development with market demand, and enhancing market competitiveness and profitability [2].

Summary of Suzhou Yinghuate Conference Call Company Overview - **Company**: Suzhou Yinghuate - **Industry**: Heat Pump and Compressor Manufacturing Key Points and Arguments 1. **Sales Performance**: In the first half of 2025, domestic sales in the heat pump sector slightly declined due to a slowdown in the tobacco drying business, while external sales growth was slow due to tariff fluctuations [2][3] 2. **Revenue and Profit**: For Q2 2025, Yinghuate achieved a revenue of 243 million yuan and a net profit of approximately 9.3 million yuan, marking a turnaround from previous losses [3] 3. **R&D Investment**: R&D investment increased from less than 4% to over 13%, focusing on variable frequency compressors, centrifugal compressors, and environmentally friendly refrigerants [2][6] 4. **Market Growth Projections**: - Automotive air conditioning compressors are expected to grow by about 9% in 2025 - Refrigeration and cold storage are projected to grow by about 2% - The heat pump sector is under pressure but may improve in heating and hot water applications in the second half of the year [2][4] 5. **New Product Development**: New centrifugal and scroll compressors are expected to be launched by the end of 2025 or early 2026, primarily serving the rail transit, data center, and commercial air conditioning sectors [2][7] 6. **Data Center Market**: The data center air conditioning equipment market has grown by 16.5% over the past five years, with a projected growth rate of 35% for scroll compressors in 2024 [8] 7. **Competitive Position**: Yinghuate is the first domestic brand of scroll compressors, leveraging technology, pricing, and service advantages to compete against foreign monopolies [8] 8. **Centrifugal Compressor Development**: The new centrifugal compressors include magnetic levitation technology, with samples expected to be available by the end of 2025 or early 2026 [9][10] 9. **Market Trends**: There is a trend of scroll compressors gradually replacing screw compressors in data centers, with a significant portion of the market moving towards variable frequency applications [20][23] 10. **R&D Expense Trends**: R&D expenses are currently high at 13.4% for the first half of 2025, with expectations to maintain around 10% for the full year [18][17] Additional Important Information 1. **Customer Validation**: The customer validation period for magnetic levitation compressors is approximately 3 to 6 months, with direct clients being manufacturers of air conditioning and refrigeration modules [15] 2. **Production Capacity**: The production cycle for magnetic levitation compressors is long, with potential capacity bottlenecks due to semi-automated processes [13] 3. **Sales Team Preparedness**: The sales team is already covering downstream clients, eliminating the need for additional personnel for the data center sector [26] 4. **Future R&D Directions**: Future R&D expenses may decrease after the completion of current projects, but new projects may be initiated based on market demand [17][16] This summary encapsulates the key insights from the conference call, highlighting the company's performance, market trends, and strategic initiatives.

Financial Performance - The company achieved a revenue of 243 million yuan in the first half of 2025, a decrease of 7.54% compared to the same period last year [2] - The net profit attributable to shareholders was 9.37 million yuan, down 69.33% year-on-year [2] - Research and development investment amounted to 32.56 million yuan, representing 13.40% of total revenue [2] R&D and Product Development - The company continues to maintain a high R&D investment ratio, developing a high-power variable frequency drive product platform and expanding into centrifugal compressor products [3] - The company is focused on accelerating the R&D process for new products based on market demand, particularly in the variable frequency and centrifugal compressor platforms [5] Competitive Advantages - The company has a competitive edge in technology innovation, product quality, cost-effectiveness, and customer support compared to foreign brands [4] - The company’s products are designed to align with market trends and customer needs, enhancing their market competitiveness [4] Market Outlook - The data center market is identified as a rapidly growing segment, with the company actively developing products to capture market share in this area [6] - The company plans to strengthen its efforts in both domestic and international markets, aiming to secure new orders from key clients [7][8]

登录新浪财经APP 搜索【信披】查看更多考评等级 ■ 除上述修订的条款外，《公司章程》中其他条款保持不变。修订后的《公司章程》于同日在巨潮资讯网 （www.cninfo.com.cn）予以披露。 上述条款修订尚需提交公司2025年第二次临时股东会审议，同时提请股东会授权公司经营管理层及其授 权人员具体办理本次章程备案等工商登记相关事宜并签署相关文件，授权的有效期限自公司股东会审议 通过之日起至本次相关工商变更登记及章程备案办理完毕之日止。本次修订最终以工商登记部门的核准 结果为准。 二、制定、修订公司部分治理制度的情况 为全面贯彻落实最新法律法规及规范性文件的要求，确保公司治理与监管规定保持同步，进一步规范公 司运作机制，提升公司治理水平，根据《上市公司章程指引》《深圳证券交易所创业板股票上市规则》 《深圳证券交易所上市公司自律监管指引第2号一一创业板上市公司规范运作》等的相关规定，结合公 司实际情况，公司制定、修订公司部分内部治理制度详见下表： ■ 上述制定、修订的制度中，部分制度尚需提交股东会审议通过后生效，其余制度在董事会审议通过后即 生效，待修订后的《公司章程》生效后同步实施。制定、修订后的部分治理制 ...

Market Performance - The general equipment sector increased by 0.8% on August 28, with Yinghuate leading the gains [1] - The Shanghai Composite Index closed at 3843.6, up 1.14%, while the Shenzhen Component Index closed at 12571.37, up 2.25% [1] Top Gainers in General Equipment Sector - Yinghuate (301272) closed at 46.68, up 14.64% with a trading volume of 89,600 shares and a transaction value of 388 million [1] - Qiaofeng Intelligent (301603) closed at 80.25, up 12.77% with a trading volume of 120,900 shares and a transaction value of 960 million [1] - Meichang Co. (300861) closed at 16.71, up 12.68% with a trading volume of 441,000 shares and a transaction value of 713 million [1] - Shenling Environment (301018) closed at 77.88, up 12.28% with a trading volume of 123,820 shares and a transaction value of 1.733 billion [1] Market Capital Flow - The general equipment sector experienced a net outflow of 3.551 billion from institutional investors, while retail investors saw a net inflow of 3.342 billion [2] - The sector's overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors increased their positions [2] Individual Stock Capital Flow - New Lai Materials (300260) had a net inflow of 81.51 million from institutional investors, while retail investors experienced a net outflow of 42.42 million [3] - Shenling Environment (301018) saw a net inflow of 66.31 million from institutional investors, with retail investors facing a net outflow of 55.83 million [3] - Ding Tai High-Tech (301377) had a net inflow of 36.87 million from institutional investors, while retail investors faced a significant net outflow of 81.52 million [3]