中泰证券股份有限公司 年半年度持续督导跟踪报告 | 保荐人名称：中泰证券股份有限公司 | 被保荐公司简称：未来电器 | | --- | --- | | 保荐代表人姓名：王秀娟 | 联系电话：010-59013863 | | 保荐代表人姓名：汪志伟 | 联系电话：010-59013863 | 关于苏州未来电器股份有限公司 | 公司及股东承诺事项 | 是否履行承诺 | 未履行承诺的原因及解决措施 | | --- | --- | --- | | 1.股份锁定的承诺 | 是 | 不适用 | | 2.持股及减持意向的承诺 | 是 | 不适用 | | 3.稳定股价的承诺 | 是 | 不适用 | | 4.利润分配政策的承诺 | 是 | 不适用 | | 5.填补被摊薄即期回报措施的承诺 | 是 | 不适用 | | 6.欺诈发行的股份回购承诺 | 是 | 不适用 | | 7.依法承担赔偿责任的承诺 | 是 | 不适用 | | 8.未履行相关公开承诺约束措施的承诺 | 是 | 不适用 | | 9.股东信息披露的承诺 | 是 | 不适用 | 一、保荐工作概述 | 项目 | 工作内容 | | --- | --- | | 1.公司信息 ...

Group 1 - The core point of the news is that Future Electric (301386) has seen a net financing inflow of 120.82 million yuan on August 28, 2025, with a total financing balance of 5914.15 million yuan, indicating a positive trend in investor interest [1][2][3] - Over the past three trading days, Future Electric has accumulated a total net buy of 507.37 million yuan, reflecting consistent investor confidence [1] - In the last 20 trading days, there have been 11 days with net financing inflows, suggesting a sustained interest from investors in the company's stock [1] Group 2 - The financing balance increased by 2.09% on August 28, 2025, compared to the previous day, indicating a growing engagement in margin trading [2][3] - The financing net buy on August 27 was 222.60 million yuan, and on August 26 it was 163.95 million yuan, showing a trend of increasing net buys over the past few days [2] - The financing balance on August 22 was 5293.80 million yuan, which decreased slightly by 25.72 million yuan, but the overall trend has been upward since then [2][3]

Group 1 - The company, Future Electric, primarily focuses on low-voltage circuit breaker accessories and has not yet ventured into the robotics sector [1] - The industrial internet is characterized by a network-based foundation, a platform-centric approach, data as a key element, and security as a guarantee, driving the transformation of traditional industries and accelerating innovation in emerging sectors [1] - The company's main products are applied by downstream customers in the electrical distribution scenarios of the aforementioned industries to achieve electrical safety protection functions [1]

Group 1 - The stock price of Future Electric reached 24.15 yuan as of August 25, 2025, reflecting an increase of 0.46% from the previous trading day, with a trading volume of 0.92 billion yuan and a turnover rate of 8.89% [1] - Future Electric operates in the power equipment industry, focusing on the design, manufacturing, and sales of high and low voltage complete equipment and small circuit breakers, as well as power engineering consulting and import-export business [1] - The company has recently completed industrial and commercial registration changes, expanding its business scope to include power engineering consulting, construction, and services [1] Group 2 - On the day of reporting, the net inflow of main funds into the company was 4.335 million yuan, although there was an overall net outflow of 6.6978 million yuan in the past five days [1]

Group 1 - The company, Future Electric, announced a change in its business scope and the revision of its Articles of Association during the 15th meeting of the 4th Board of Directors scheduled for July 10, 2025 [2] - The company has completed the industrial and commercial change registration procedures and obtained a new business license from the Suzhou Data Bureau [2] - The new business scope includes the design, consulting, development, manufacturing, and sales of high and low voltage complete equipment, components, and miniature circuit breakers, as well as power engineering consulting, construction, and services, along with import and export of various goods and technologies [2]

证券代码：301386 证券简称：未来电器 公告编号：2025-048 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。 经营范围：高低压成套设备、元件、小型断路器、电能表外置断路器、电 能计量箱成套设备、智能终端电器、附件、五金机电、开关附件、框架开关电 动机、变速器及其他零部件的设计、咨询、开发、制造及销售；电力工程的咨 询、施工和服务；自营和代理各类商品及技术的进出口业务（国家限定企业经 营或禁止进出口的商品和技术除外）。（依法须经批准的项目，经相关部门批 准后方可开展经营活动）。 苏州未来电器股份有限公司（以下简称"公司"）于2025年7月10日召开第 四届董事会第十五次会议，于2025年7月28日召开2025年第二次临时股东大会， 审议通过了《关于变更公司经营范围及修订<公司章程>的议案》，同意公司增 加经营范围，以满足经营发展需要。具体内容详见公司于2025年7月11日在深圳 证券交易所网站（www.szse.cn）和巨潮资讯网（www.cninfo.com.cn）等符合 中国证监会规定条件的媒体披露的《关于变更公司经营范围及修订<公司章程> 的公告 ...

Core Insights - Future Electric (301386) reported a total revenue of 288 million yuan for the first half of 2025, representing a year-on-year increase of 11.95% [1] - The net profit attributable to shareholders reached 48.45 million yuan, up 8.49% year-on-year [1] - The company’s gross margin improved to 27.84%, an increase of 4.3% compared to the previous year [1] Financial Performance - Total revenue for 2024 was 257 million yuan, while it increased to 288 million yuan in 2025, showing an 11.95% growth [1] - Net profit attributable to shareholders rose from 44.66 million yuan in 2024 to 48.45 million yuan in 2025, marking an 8.49% increase [1] - The company’s operating cash flow per share surged to 0.54 yuan, a significant increase of 215.74% year-on-year [1] Cost and Efficiency Metrics - The total of selling, administrative, and financial expenses amounted to 18.36 million yuan, accounting for 6.38% of revenue, which is a 47.03% increase year-on-year [1] - The net profit margin decreased slightly to 16.83%, down 3.09% from the previous year [1] - The company’s return on invested capital (ROIC) was reported at 5.46%, indicating average capital returns [3] Accounts Receivable and Cash Flow - Accounts receivable reached 179 million yuan, representing a 14.07% increase from the previous year [1] - The accounts receivable to net profit ratio stood at 198.19%, indicating a significant amount of receivables relative to profit [3] - The net increase in cash and cash equivalents was up by 83.85%, attributed to a decrease in cash outflow from investment activities [2]

Group 1 - The company Future Electric (SZ 301386) announced on August 21 that its fourth board meeting was held in a hybrid format, discussing various documents including summaries [2] - For the year 2024, Future Electric's revenue composition is entirely from the industrial sector, with a 100.0% share [2]

证券日报网讯 8月21日晚间，未来电器发布公告称，2025年半年度公司实现营业收入287，796，871.61 元，同比增长11.95%；归属于上市公司股东的净利润为48，446，681.23元，同比增长8.49%。 （文章来源：证券日报） ...

（文章来源：每日经济新闻） 未来电器（SZ 301386，收盘价：23.99元）8月21日晚间发布半年度业绩报告称，2025年上半年营业收 入约2.88亿元，同比增加11.95%；归属于上市公司股东的净利润约4845万元，同比增加8.49%；基本每 股收益0.3461元，同比增加8.5%。 ...