证券代码：301327 证券简称：华宝新能 公告编号：2024-089 深圳市华宝新能源股份有限公司 第三届董事会第九次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 审议通过之日起不超过12个月。在上述额度和期限范围内，资金可循环滚动使用。 公司通过对该部分暂时闲置的募集资金进行适度、适时的现金管理，可以提高公司 募集资金使用效率，避免募集资金过度闲置，增加投资收益，为公司和股东获取更 多的投资回报。同时提请股东会授权董事长或其指定授权对象，在上述额度和期限 范围内行使相关投资决策权并签署相关合同文件，并负责办理公司使用暂时闲置募 集资金（含超募资金及其孳息）进行现金管理的相关事宜，具体事项由财务中心负 责组织实施。本事项尚需公司2025年第一次临时股东会审议通过后方可实施。 一、董事会会议召开情况 深圳市华宝新能源股份有限公司（以下简称为"公司"或"华宝新能"）第三届 董事会第九次会议通知于2024年12月17日以书面送达、电子邮件及电话的方式向全体 董事发出，于2024年12月24日以邮件方式发出增加临时议案通知，本次董事会会议于 2024 ...

证券代码：301327 证券简称：华宝新能 公告编号：2024-091 深圳市华宝新能源股份有限公司 关于使用部分暂时闲置募集资金（含超募资金） 进行现金管理的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 行签署了三方监管协议，对募集资金的存放和使用进行专户管理。 二、募集资金使用情况及暂时闲置情况 《深圳市华宝新能源股份有限公司首次公开发行股票并在创业板上市招股说明书》 披露的首次公开发行股票募集资金投资项目及募集资金使用计划如下： 截至2024年6月30日，公司募投项目及募集资金使用情况详见公司于2024年8月29 日在巨潮资讯网（http://www.cninfo.com.cn）披露的《深圳市华宝新能源股份有限公司 关于2024年半年度募集资金存放与使用情况的专项报告》。 深圳市华宝新能源股份有限公司（以下简称为"公司"或"华宝新能"）于2024 年12月27日召开了第三届董事会第九次会议和第三届监事会第九次会议，审议通过了 《关于使用部分暂时闲置募集资金（含超募资金）进行现金管理的议案》，同意公司 在确保募集资金安全、不影响募集资金投资项目建设 ...

证券代码：301327 证券简称：华宝新能 公告编号：2024-090 深圳市华宝新能源股份有限公司 第三届监事会第九次会议决议公告 本公司及监事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、监事会会议召开情况 深圳市华宝新能源股份有限公司（以下简称为"公司"或"华宝新能"）第三届 监事会第九次会议通知于2024年12月17日以书面送达、电子邮件及电话的方式向全体 监事发出，本次监事会会议于2024年12月27日在公司会议室以现场结合通讯表决的方 式召开。本次监事会会议由公司监事会主席吴宗林先生主持，本次会议应出席监事3 人，实际出席监事3人，其中监事会主席吴宗林先生以通讯表决方式出席会议，公司 高级管理人员列席了会议。 经公司全体监事认真审议，本次会议形成以下决议： （一）审议通过《关于使用部分暂时闲置募集资金（含超募资金）进行现金管理 的议案》 表决结果：同意3票，反对0票，弃权0票。 经审核，监事会认为：公司本次使用部分暂时闲置募集资金（含超募资金及其孳 息）进行现金管理，不影响募集资金投资项目的正常进行，也不存在变相改变募集资 金投向和损害股东利益的情形；结 ...

证券代码：301327 证券简称：华宝新能 公告编号：2024-086 深圳市华宝新能源股份有限公司 2024年第四次临时股东会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 本次会议的召集、召开与表决程序符合《中华人民共和国公司法》（以下简称 "《公司法》"）《上市公司股东大会规则》（以下简称"《股东大会规则》"）《深圳 证券交易所创业板股票上市规则》及《深圳市华宝新能源股份有限公司章程》（以下 简称"《公司章程》"）等法律法规及规范性文件的规定。 2、会议出席情况 股东出席的总体情况： 通过现场和网络投票的股东及股东授权委托代表140人，代表股份95,319,196股， 占公司有表决权股份总数的 76.8992％。 1.本次股东会未出现否决议案的情况； 2.本次股东会不涉及变更以往股东会已通过的决议。 一、会议召开和出席情况 1、会议召开情况 深圳市华宝新能源股份有限公司（以下简称"公司"）于2024年11月15日下午15:00 在公司会议室召开2024年第四次临时股东会。会议由公司董事会召集，董事长孙中伟 先生主持。 本次股东会采用 ...

上海市锦天城（深圳）律师事务所 关于深圳市华宝新能源股份有限公司 2024 年第四次临时股东会的 法律意见书 深圳市福田中心区福华三路卓越世纪中心1号楼21、22、23层 www.allbrightlaw.com 上海市锦天城（深圳）律师事务所 法律意见书 上海市锦天城（深圳）律师事务所 关于深圳市华宝新能源股份有限公司 2024 年第四次临时股东会的 法律意见书 致：深圳市华宝新能源股份有限公司 上海市锦天城（深圳）律师事务所（以下简称"本所"）接受深圳市华宝新 能源股份有限公司（以下简称"华宝新能"或"公司"）委托，指派本所律师出席 公司 2024 年第四次临时股东会（以下简称"本次股东会"或"会议"）。 本所律师根据相关法律法规和规范性文件的要求，按照律师行业公认的业 务标准、道德规范和勤勉尽责精神，出具法律意见如下： 一、 本次股东会的召集、召开程序 为召开本次股东会，公司董事会于 2024 年 10 月 29 日在巨潮资讯网 （http://www.cninfo.com.cn）上公告了《深圳市华宝新能源股份有限公司关于召 1 上海市锦天城（深圳）律师事务所 法律意见书 开 2024 年第四次临时股东 ...

深圳市华宝新能源股份有限公司 关于证券事务代表辞职的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 深圳市华宝新能源股份有限公司（以下简称"公司"）董事会近日收到公司证券事 务代表肖雅文女士提交的书面辞职报告，其因个人原因申请辞去公司证券事务代表 职务，辞职报告自送达董事会之日起生效。肖雅文女士辞职后将不再担任公司任何 职务，其辞职不会影响公司相关工作的正常开展。 截至本公告日，肖雅文女士未持有公司股份，亦不存在应当履行而未履行的承诺 事项。肖雅文女士在任职期间恪尽职守、勤勉尽责，公司及公司董事会对其在任职期 间为公司发展所做出的贡献表示衷心感谢！ 证券代码：301327 证券简称：华宝新能 公告编号：2024-087 公司将根据《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——创业板上市公司规范运作》等相关规定，尽快聘任符合任职 资格的人员担任证券事务代表，协助董事会秘书开展工作。在此期间，暂由董事会 秘书负责证券事务代表的相关工作。 特此公告。 深圳市华宝新能源股份有限公司 董事会 2024年11月15日 1 ...

Investment Rating - The investment rating for the company is "Outperform the Market" and is maintained [1] Core Views - The company has shown significant growth in the first three quarters of 2024, with revenue reaching 2.133 billion yuan, a year-on-year increase of 35.02%, and a net profit of 159 million yuan, up 357.06% year-on-year [5] - The company's gross margin improved to 45.17% in the first three quarters, an increase of 5.86 percentage points year-on-year, driven by lower raw material prices and optimized inventory structure [5] - The company has successfully implemented cost reduction and efficiency enhancement strategies, resulting in a decrease in sales expense ratio by 7.36 percentage points and management expense ratio by 4.06 percentage points year-on-year [6] - The company has deepened its global brand strategy, with revenue from the US and Japan markets increasing by 41.12% and 72.69% year-on-year, respectively [7] - Product innovation has strengthened the company's core competitiveness, with revenue from the Solar Generator product line increasing by 130% year-on-year [7] - The company is projected to achieve net profits of 208 million yuan, 300 million yuan, and 419 million yuan for the years 2024, 2025, and 2026, respectively, with a corresponding reasonable valuation range of 100.04 to 108.37 yuan based on a PE ratio of 60-65 times for 2024 [8] Summary by Sections Financial Performance - In Q3 2024, the company achieved revenue of 990 million yuan, a year-on-year increase of 50.41% and a quarter-on-quarter increase of 76.76%, with a net profit of 86.59 million yuan, up 888.90% year-on-year [5] - The gross margin for Q3 was 43.77%, an increase of 2.36 percentage points year-on-year [5] Cost Management - The company has effectively controlled its expense ratios, with the total expense ratio for Q3 at 40.02%, down 12.98 percentage points year-on-year [6] - The sales expense ratio for Q3 was 26.67%, a decrease of 7.78 percentage points year-on-year [6] Market Expansion - The company has established a global sales network, achieving sales of 5 million units and expanding its brand presence in over 50 countries [7] - The revenue from the company's brand websites increased by 61.81% year-on-year, with monthly sales exceeding 100 million yuan [7] Product Development - The company has launched innovative products, including the DIY small household green power system and the XBC photovoltaic tile household green power system, enhancing its competitive edge [7] Valuation and Forecast - The company is expected to have a revenue of 3.026 billion yuan in 2024, with a projected growth rate of 30.8% year-on-year [9] - The estimated net profit for 2024 is 208 million yuan, with a significant recovery from a loss of 174 million yuan in 2023 [11]

Investment Rating - The report assigns a "增持" (Overweight) rating to 华宝新能 (301327) [5] Core Views - 华宝新能's Q3 2024 net profit surged by 888.90% YoY, indicating a significant turnaround in operations [1] - The company's revenue for the first three quarters of 2024 reached 2.133 billion yuan, a 35.02% YoY increase, with net profit attributable to the parent company at 159 million yuan, up 357.06% YoY [1] - Q3 2024 revenue was 990 million yuan, a 50.41% YoY increase, with net profit attributable to the parent company at 87 million yuan, up 888.90% YoY [1] - The company's profitability improved significantly due to lower raw material costs, optimized inventory structure, and product quality enhancements, with gross margin rising to 45.17% in the first three quarters, up 5.86 percentage points YoY [1] Market Performance - In the US market, revenue grew by 41.12% YoY in the first three quarters, driven by high outdoor activity penetration and consumer preference for high-capacity products [2] - In the Japanese market, revenue increased by 72.69% YoY, benefiting from frequent natural disasters and strong demand for portable energy storage products [2] - The company's global channel network expanded, with brand website revenue growing by 61.81% YoY, and products now available in over 50 countries and regions [2] Product Innovation - The company's Solar Generator product line saw a 130% YoY revenue increase in the first three quarters, with new flagship products featuring innovative CTB module designs [2] - 华宝新能 introduced a groundbreaking all-scenario home green power solution, including the world's first DIY small home green power system and XBC photovoltaic tile system [2] Financial Projections - Revenue for 2024-2026 is projected to be 3.094 billion yuan, 4.079 billion yuan, and 5.165 billion yuan, respectively [5] - Net profit attributable to the parent company is expected to be 249 million yuan, 341 million yuan, and 455 million yuan for 2024-2026, respectively [5] - EPS for 2024-2026 is forecasted at 1.99 yuan, 2.73 yuan, and 3.65 yuan, with corresponding P/E ratios of 45x, 33x, and 25x [5] Financial Ratios - Gross margin is expected to improve from 39.71% in 2023 to 45.29% in 2024, with net margin rising from -7.51% to 8.03% [11] - ROE is projected to increase from -2.88% in 2023 to 3.97% in 2024, and further to 6.63% by 2026 [11] - The company's asset turnover ratio is expected to improve from 0.32 in 2023 to 0.62 in 2026, indicating better operational efficiency [11]

Investment Rating - The report assigns an "Accumulate" rating for Huabao New Energy (301327.SZ) as a first-time coverage [6] Core Views - The company demonstrates significant advantages in channels and products, with cost reduction and efficiency improvements aiding in performance recovery [1] - The company has established a strong global presence with 23 brand websites and partnerships with major retailers, leading to substantial revenue growth in key markets [2] - Continuous innovation in product development and effective cost management have resulted in a notable increase in gross margin and profitability [3] Financial Performance Summary - Revenue for 2022 was 3,203 million, with a projected increase to 3,016 million in 2024 and 5,160 million by 2026, reflecting a growth rate of 30.4% in 2024 [1] - The net profit attributable to shareholders was 287 million in 2022, expected to recover to 194 million in 2024 and reach 387 million by 2026, with a growth rate of 211.9% in 2024 [1] - The company achieved a gross margin of 45.17% in the first three quarters of 2024, up 5.86 percentage points year-on-year [3] Market Position and Strategy - The company focuses on portable and DIY energy storage products, which are easy to use and cater to consumer needs, enhancing its market reach [2] - Strong partnerships with global retailers like Costco and Walmart have expanded the company's distribution channels, contributing to revenue growth of 41.12% and 72.69% in the US and Japan, respectively [2] - The company is committed to continuous product iteration and cost efficiency, which are expected to stabilize profitability and support revenue growth in the coming years [6]