关于深圳市华宝新能源股份有限公司 2025 年现场检查报告 现场检查报告 华泰联合证券有限责任公司 现场检查报告 根据中国证监会《证券发行上市保荐业务管理办法》和《深圳证券交易所上 市公司自律监管指引第 13 号——保荐业务》等有关法律法规的要求，华泰联合 证券有限责任公司作为深圳市华宝新能源股份有限公司（以下简称"华宝新能" 或"公司"）首次公开发行股票的保荐人，于 2025 年 12 月 24 日对深圳市华宝 新能源股份有限公司 2025 年有关情况进行了现场检查，报告如下： | 保荐人名称：华泰联合证券有限责任公司 被保荐公司简称：华宝新能 | | | | --- | --- | --- | | 保荐代表人姓名：徐征 联系电话：0755-81902000 | | | | 保荐代表人姓名：张桐赈 联系电话：0755-81902000 | | | | 现场检查人员姓名：张桐赈 | | | | 年度 现场检查对应期间：2025 | | | | 现场检查时间：2025 年 月 日 12 24 | | | | 一、现场检查事项 现场检查意见 | | | | （一）公司治理 否 不适用 | 是 | | | 现场检查 ...

证券日报网讯1月7日，华光新材在互动平台回答投资者提问时表示，公司AI液冷业务的进展请关注后 续披露的定期报告。 ...

Core Insights - 2026 marks a milestone for Jackery, celebrating the 10th anniversary of its first portable power product and serving as a key point in the company's strategy to achieve energy self-sufficiency for modern households [1] - At the 2026 CES, Jackery unveiled three new products: the Jackery Solar Gazebo, the world's first Solar Mars Bot, and the upgraded Jackery Explorer 1500 Ultra, outlining a clear product path for household energy self-sufficiency over the next decade [1] Group 1: Product Launches and Innovations - The Jackery Explorer 1500 Ultra addresses the growing need for reliable backup power due to aging grid infrastructure and increasing risks of power outages from extreme weather and natural disasters [2] - This product features significant upgrades in design, materials, and performance, catering to professional users with stringent quality and performance requirements [2][4] - The Explorer 1500 Ultra includes a 1536 Wh lithium iron phosphate battery, rated output power of 1800 watts, and peak power of 3600 watts, making it suitable for high-power loads and critical communication devices like Starlink [4] Group 2: Expanding Energy Solutions - Jackery's new Solar Gazebo integrates outdoor shading, photovoltaic power generation, and home energy storage, enhancing the green energy ecosystem for households [5] - The Solar Mars Bot features an autonomous tracking system and built-in solar panels, providing a flexible power solution for smart devices operating in environments without fixed power sources [5][7] - The global market for shading systems is projected to grow from $9.59 billion in 2024 to $15.96 billion by 2032, with North America and Europe being key markets for Jackery's products [7] Group 3: Strategic Vision - Jackery's product strategy is evolving beyond indoor emergency backup power to include outdoor spaces like yards and patios, preparing for larger household energy demands [8] - The company is transitioning its narrative of "modern household energy self-sufficiency" into a practical product portfolio with significant market potential, marking a notable shift as it enters the next decade [8]

Core Viewpoint - 2026 marks a milestone for Jackery, celebrating the 10th anniversary of its first portable power product and serving as a key point in the company's strategy to achieve energy self-sufficiency for modern households [1] Group 1: Product Launches - At the 2026 CES, Jackery unveiled three new products: the Jackery Solar Gazebo, the Solar Mars Bot, and the upgraded Jackery Explorer 1500 Ultra, outlining a clear product path for household energy self-sufficiency over the next decade [1] - The Jackery Explorer 1500 Ultra is designed to meet the increasing demand for reliable and economical home backup power solutions, especially in the context of aging power infrastructure and rising electricity costs [2] Group 2: Product Features and Innovations - The Explorer 1500 Ultra features a Red Dot Award-winning design, is significantly lighter and more compact than similar products, and includes a patented folding handle for easier transport and deployment [4] - It is equipped with a 1536 Wh lithium iron phosphate battery, rated output power of 1800 watts, and peak power of 3600 watts, making it suitable for high-power loads and essential communication devices like Starlink [4] - The product meets IP65 dust and water resistance standards and has passed Level-9 shock resistance tests, enhancing its durability and stability in emergency situations [4] Group 3: Market Trends and Opportunities - The global shading market is projected to grow from $9.59 billion in 2024 to $15.96 billion by 2032, with a CAGR of approximately 6.6%, indicating a strong demand for innovative shading solutions like the solar gazebo [7] - The solar gazebo integrates outdoor shading, photovoltaic generation, and home energy storage, creating a closed-loop system that enhances the household green energy ecosystem [5] - The Solar Mars Bot features an autonomous tracking system and built-in solar panels, providing a flexible power solution for smart devices operating in environments without fixed power sources [6] Group 4: Strategic Direction - Jackery's new product launches reflect a shift in strategy, expanding the Essential Home Backup (EHB) product line beyond indoor emergency power to include outdoor spaces, thereby addressing larger household energy needs [8] - The company is transitioning from a conceptual narrative of modern household energy self-sufficiency to a practical product portfolio with significant market potential, positioning itself for growth in the next decade [8]

Core Insights - The company, Huabao New Energy, has integrated a smart energy management system into its DIY balcony energy storage products, which supports dynamic electricity price recognition through a companion app [2] Group 1: Product Features - The DIY balcony energy storage products can charge during low electricity price periods and discharge during high electricity price periods, optimizing electricity costs significantly in markets with noticeable peak and valley price differences [2]

Core Viewpoint - Huabao New Energy (301327) has developed the "Light Charging Mars Robot 5000," which features a unique light-tracking system that adjusts its angle and position based on the sun's trajectory to continuously generate and store energy for charging electronic products like smart robots [1]. Group 1 - The "Light Charging Mars Robot 5000" utilizes a distinctive light-tracking system [1] - The system automatically adjusts its angle and position according to the sun's movement [1] - It is designed to provide continuous energy generation and storage [1]

证券日报网讯1月5日，华宝新能（301327）在互动平台回答投资者提问时表示，公司始终严格按照监管 要求履行信息披露义务，不存在大额商誉或资产减值未充分披露的情形。 ...

Group 1 - The core technology of the company, the "光充火星机器人5000," features a unique light-tracking system that adjusts its angle and position based on the sun's trajectory [2] - This technology enables continuous energy generation and storage, allowing it to charge and extend the battery life of smart robots and other electronic products [2]

Core Viewpoint - Huabao New Energy's stock experienced a decline of 1.84% on December 31, with a trading volume of 105 million yuan, indicating a challenging market environment for the company [1]. Financing Summary - On December 31, Huabao New Energy had a financing buy-in amount of 12.75 million yuan and a financing repayment of 14.89 million yuan, resulting in a net financing outflow of 2.14 million yuan [1]. - The total financing and securities balance for Huabao New Energy reached 165 million yuan, with the financing balance accounting for 3.72% of the circulating market value, indicating a high level compared to the past year [1]. - The company had no shares repaid in the securities lending market on December 31, with 1,900 shares sold, amounting to 109,600 yuan at the closing price, and a securities lending balance of 784,300 yuan, also at a high level compared to the past year [1]. Business Performance - As of September 30, Huabao New Energy reported a total revenue of 2.942 billion yuan for the first nine months of 2025, reflecting a year-on-year growth of 37.95%, while the net profit attributable to shareholders decreased by 10.62% to 143 million yuan [2]. - The company has distributed a total of 378 million yuan in dividends since its A-share listing [3]. Shareholder Structure - As of September 30, 2025, the number of shareholders for Huabao New Energy was 13,400, a slight decrease of 0.13%, while the average circulating shares per person increased by 58.63% to 5,679 shares [2]. - Notable changes in institutional holdings include new entries such as Huaxia Blue Chip Mixed Fund and others, while several funds exited the top ten circulating shareholders list [3].

Core Viewpoint - The company is exploring development opportunities in the electric vehicle sector through a strategic partnership with Zhengyang Technology, focusing on automotive energy management systems and expanding B-end application scenarios [2]. Group 1: Strategic Initiatives - The company aims to leverage its collaboration with Zhengyang Technology to tap into the electric vehicle market [2]. - The partnership will facilitate the development of automotive energy management systems [2]. Group 2: Product Development - The company has successfully completed the functional prototype of the world's first "Light Charge Mars Robot 5000" [2]. - Future product developments will be disclosed in the company's regular reports [2]. Group 3: Investment Considerations - The company acknowledges potential risks associated with long investment cycles and the possibility of returns not meeting expectations or incurring losses [2]. - Measures will be taken to mitigate and reduce investment risks, ensuring the protection of the company and all shareholders' legal rights [2].