Group 1 - The company has adjusted its operations in response to changes in international tariff policies expected in the first half of 2025, including relocating some orders to its subsidiary in Thailand [1] - The Thailand subsidiary, established in 2018, has developed a comprehensive production and sales management system and is expected to reach full production capacity by the end of 2025 [1] - The company operates under a dual-driven business model of "ODM+OBM," expanding its product range from electric heating, spraying, and nail gun products to include 12V and 18V battery packs and chargers [1] Group 2 - The company aims to capture higher value segments in the large electric tools market through technological innovation and the "ODM+OBM" model over the next three to five years [2] - The self-developed lithium battery pack products are expected to drive the smart manufacturing direction of electric tools and explore higher value applications [2] - The company has completed a share buyback and plans to use it for employee stock ownership plans or equity incentive plans to enhance the motivation of its core team [2]

人民财讯9月18日电，普莱得（301353）9月17日接受机构调研时表示，2025年上半年，面对国际关税政 策的变化，公司及时从产能、订单、人员等多方面进行规划调整，将部分订单转移至泰国子公司生产， 同时积极获取其他订单以保障公司经营业绩的增长。泰国子公司设立于2018年，经过多年的发展，具备 完善的生产制造和销售管理系统，预计2025年底将达到满产状态。 ...

Group 1: Market Position and Business Model - The electric tool market is large, and the company aims to expand its scale through an "ODM+OBM" dual-driven business model, focusing on both online and offline development [1] - The company has developed a range of products, including 12V and 18V battery packs and chargers, to enhance its product offerings in the electric tool sector [1] - The shift towards lightweight, comfortable, and high-safety lithium battery electric tools positions the company advantageously in the market [1] Group 2: Financial Health and Future Plans - The company currently has a strong financial position with ample funds to support future scale expansion [2] - Plans for share repurchase include using repurchased shares for employee stock ownership or incentive plans within the legal timeframe [2] - The company is prepared to disclose any refinancing needs in accordance with legal requirements as its business scales [2] Group 3: Impact of Tariffs and Operational Adjustments - In response to international tariff changes, the company has adjusted its operations by shifting some orders to its subsidiary in Thailand, which was established in 2018 [2] - The Thai subsidiary is expected to reach full production capacity by the end of 2025, supported by a robust management system and global market capabilities [2] - The company will continue to monitor policy changes and adapt its strategies to ensure long-term stable growth [2]

Group 1 - The core viewpoint of the news is that Pulaide's stock price has increased by 5.3% on September 17, reaching 28.40 yuan per share, with a total market capitalization of 2.788 billion yuan [1] - Pulaide has experienced a continuous increase in stock price for four consecutive days, with a cumulative increase of 5.35% during this period [1] - The company, Zhejiang Pulaide Electric Co., Ltd., was established on November 1, 2005, and went public on May 30, 2023, focusing on the research, design, production, and sales of electric tools [1] Group 2 - According to data from Pulaide's top ten circulating shareholders, the Noan Multi-Strategy Mixed A Fund increased its holdings by 275,700 shares in the second quarter, now holding a total of 412,100 shares, accounting for 1.29% of circulating shares [2] - The Noan Multi-Strategy Mixed A Fund has achieved a return of 63.01% this year, ranking 432 out of 8,172 in its category, and a return of 126.17% over the past year, ranking 213 out of 7,980 [2] - The fund managers, Kong Xianzheng and Wang Haichang, have had varying performance records, with Kong achieving a best return of 77.74% and Wang achieving a best return of 65.23% during their respective tenures [2]

Group 1 - The core viewpoint of the article is that Pleide's lithium battery tool 5G factory has been officially recognized by the Ministry of Industry and Information Technology, marking a significant achievement in digital transformation and a model for the manufacturing industry's upgrade in Zhejiang Province [1][2] - The 5G factory concept involves utilizing advanced information and communication technologies to create a new industrial internet infrastructure, enhancing production connectivity and data utilization [1] - Pleide's 5G factory aims to address the challenges of traditional production modes in the electric tool industry, focusing on advanced manufacturing, data-driven processes, and business collaboration [2] Group 2 - The factory integrates advanced manufacturing technologies such as CNC equipment, automation lines, industrial robots, and smart warehousing to achieve automated and less labor-intensive production [2] - It incorporates IoT and 5G communication technologies along with various management systems for comprehensive control and visualization of the entire business process [2] - Pleide plans to continue advancing its industrial internet system centered around 5G technology, expanding its application in electric tool manufacturing and promoting green production and smart manufacturing [2]

| （2）发表非同意意见所涉问题及结论意见 | 无 | | --- | --- | | 7.向本所报告情况（现场检查报告除外） | | | （1）向本所报告的次数 | 次 0 | | （2）报告事项的主要内容 | 不适用 | | （3）报告事项的进展或者整改情况 | 不适用 | | 8．关注职责的履行情况 | | | （1）是否存在需要关注的事项 | 无 | | （2）关注事项的主要内容 | 不适用 | | （3）关注事项的进展或者整改情况 | 不适用 | | 9.保荐业务工作底稿记录、保管是否合规 | 是 | | 10.对上市公司培训情况 | | | （1）培训次数 | 次 0 | | （2）培训日期 | 不适用 | | （3）培训的主要内容 | 不适用 | | 11.上市公司特别表决权事项（如有） | 不适用 | | （1）持有特别表决权股份的股东是否持续符 | 不适用 | | 合《创业板股票上市规则》第4.4.3条的要求 | | | （2）特别表决权股份是否出现《创业板股票 | 不适用 | | 上市规则》第4.4.8条规定的情形并及时转换 | | | 为普通股份 | | | （3）特别表决权比例是否持续 ...

Core Viewpoint - The company, Zhejiang Pulaide Electric Co., Ltd., has shown positive growth in revenue and net profit, benefiting from its specialization in electric tools and cross-border e-commerce, while also being recognized as a "specialized and innovative" small giant enterprise [2][6]. Group 1: Company Performance - As of June 30, 2025, the company achieved a revenue of 461 million yuan, representing a year-on-year growth of 11.98% [6]. - The net profit attributable to shareholders for the same period was 45.65 million yuan, with a year-on-year increase of 14.23% [6]. - The company has a total market capitalization of 2.541 billion yuan, with a trading volume of 29.17 million yuan and a turnover rate of 3.56% [1]. Group 2: Market Position and Recognition - The company has been included in the Ministry of Industry and Information Technology's list of national-level specialized and innovative small giant enterprises, highlighting its strong innovation capabilities and market share [2]. - The company has established its own brand flagship stores on platforms like Amazon, eBay, Taobao, and Tmall, covering overseas markets in North America and Europe [2]. Group 3: Financial and Shareholder Information - The company has distributed a total of 59.27 million yuan in dividends since its A-share listing [7]. - As of June 30, 2025, the number of shareholders increased by 9.69% to 8,815, with an average of 3,616 circulating shares per person, up by 16.26% [6][8]. - Notable institutional shareholders include Noan Multi-Strategy Mixed A and Huaxia CSI 500 Index Enhanced A, with significant increases in their holdings [8].

Group 1 - The company adopts an "ODM+OBM" dual-driven business model, which contributes to continuous growth in business scale [2] - The company maintains reasonable inventory levels while producing based on sales demand [2]

Core Viewpoint - The company has experienced a significant increase in inventory, more than doubling since its listing in 2023, primarily driven by finished goods [1] Group 1: Inventory Management - The company responded to investor inquiries regarding the nature of its inventory, clarifying that it operates under an "ODM+OBM" dual-driven business model [1] - The company maintains reasonable inventory levels while adopting a sales-driven production approach [1]

Core Viewpoint - The company, Zhejiang Pulaide Electric Co., Ltd., has shown growth in revenue and profit, benefiting from its specialization in electric tools and the depreciation of the RMB, while also expanding its presence in cross-border e-commerce platforms [2][3][6]. Company Overview - Zhejiang Pulaide Electric Co., Ltd. was established on November 1, 2005, and went public on May 30, 2023. The company focuses on the research, design, production, and sales of electric tools, with 94.85% of its revenue coming from electric tool assemblies [6]. - As of June 30, 2025, the company reported a revenue of 461 million yuan, representing a year-on-year growth of 11.98%, and a net profit attributable to shareholders of 45.65 million yuan, up 14.23% year-on-year [6]. Market Position and Recognition - The company has been recognized as a "specialized, refined, distinctive, and innovative" small giant enterprise, which is a prestigious title in China for small and medium enterprises that excel in niche markets and innovation [2]. - The company has a significant international presence, with 67.86% of its revenue coming from overseas markets, benefiting from the depreciation of the RMB [3]. Financial Performance - The company has distributed a total of 59.27 million yuan in dividends since its A-share listing [7]. - As of June 30, 2025, the number of shareholders increased by 9.69% to 8,815, with an average of 3,616 circulating shares per person, up 16.26% [6]. Institutional Holdings - As of June 30, 2025, notable institutional shareholders include Noan Multi-Strategy Mixed A and Huaxia CSI 500 Index Enhanced A, with the former increasing its holdings by 27.57% [8].