Core Viewpoint - The establishment of the Tsinghua University-Zhejiang Kaichuang Electric Co., Ltd. Multimodal Embodied Intelligence Joint Research Center marks a strategic collaboration aimed at advancing artificial intelligence and smart manufacturing technologies, leveraging the strengths of both academic and industrial sectors [1][3][5][7]. Group 1: Research Center Establishment - The joint research center was inaugurated on December 22, with key figures from Tsinghua University and Zhejiang Kaichuang Electric present [1][3]. - The center aims to create a comprehensive embodied intelligence technology system and combine cutting-edge algorithms with engineering foundations to empower the intelligent transformation of traditional manufacturing [5][7]. Group 2: Strategic Importance - The collaboration is seen as a response to the accelerating technological revolution and industrial transformation, with a focus on meeting national strategic needs [7][9]. - The center will explore key research themes such as lifelong learning, full-body control, multimodal perception, and human video learning, establishing a complete innovation chain from basic algorithms to industrial application [7][9]. Group 3: Regional Development and Support - The city of Jinhua has been actively supporting the development of future industries, including embodied intelligence, and has established numerous incubation clusters and platforms to foster innovation [9][11]. - The partnership is expected to enhance cooperation in talent cultivation, technology research, and development, contributing to the high-quality development of the local economy [11][12]. Group 4: Market Potential and Growth - According to iResearch, the global market for embodied intelligence is projected to reach 19.2 billion RMB by 2025, with a compound annual growth rate of 73% over the next five years [12]. - The demand for embodied intelligence in China is beginning to emerge, with applications in various sectors such as retail, catering, and automotive industries [12][13]. Group 5: Future Outlook - The collaboration between Tsinghua University and Kaichuang Electric is positioned as a critical step in the lead-up to the anticipated boom in the embodied intelligence sector, aiming to leverage academic research and industrial capabilities [13]. - The partnership is expected to serve as a model for regional collaboration between academia and industry, fostering innovation and setting a benchmark for future developments in the field [11][13].

证券日报网讯12月22日，开创电气（301448）在互动平台回答投资者提问时表示，截至2025年12月19 日，公司股东总户数为5129户。 ...

异动分析 锂电池概念+专精特新+人民币贬值受益+跨境电商 1、据2024年5月8日互动易：2023 年公司开发锂电新产品 20 款，受到博世、Harbor Freight Tools 等客户 的认可。公司目前锂电产品的销售占比，不到总销售收入的 10%，还有很大的提升空间。谢谢！ 来源：新浪证券-红岸工作室 12月22日，开创电气跌1.94%，成交额4776.60万元，换手率1.71%，总市值60.31亿元。 主力没有控盘，筹码分布非常分散，主力成交额1371.02万，占总成交额的8.51%。 技术面：筹码平均交易成本为60.09元 2、专精特新"小巨人"企业是全国中小企业评定工作中最高等级、最具权威的荣誉称号，是指专注于细 分市场、创新能力强、市场占有率高、掌握关键核心技术、质量效益优的排头兵企业，对于提升中小企 业自身的竞争力，以及提升产业链、供应链稳定性和竞争力具有重大意义。公司已入选工信部国家级专 精特新小巨人企业名单。 3、根据2024年年报，公司海外营收占比为91.85%，受益于人民币贬值。 4、根据2025年7月4日互动易：公司于2018年开始布局电商业务。先后在金华、杭州、深圳成立跨境电 商公 ...

Core Viewpoint - The company, Zhejiang Kaichuang Electric Co., Ltd., is experiencing fluctuations in stock performance and is focusing on expanding its lithium battery product line and e-commerce business while facing challenges in revenue and profit margins. Group 1: Company Performance - On December 18, the company's stock fell by 1.30%, with a trading volume of 24.45 million yuan and a market capitalization of 6.018 billion yuan [1] - For the period from January to September 2025, the company reported a revenue of 490 million yuan, a year-on-year decrease of 12.96%, and a net profit attributable to shareholders of -10.46 million yuan, a year-on-year decrease of 119.10% [6] - The company has distributed a total of 67.12 million yuan in dividends since its A-share listing [7] Group 2: Product Development and Market Position - In 2023, the company developed 20 new lithium battery products, gaining recognition from clients such as Bosch and Harbor Freight Tools, with lithium battery sales currently accounting for less than 10% of total revenue, indicating significant growth potential [2] - The company has been recognized as a "specialized and innovative" small giant enterprise, which is a prestigious title for small and medium-sized enterprises in China, highlighting its strong market position and innovation capabilities [2] Group 3: E-commerce and Revenue Growth - The company has been expanding its e-commerce business since 2018, establishing cross-border e-commerce companies in Jinhua, Hangzhou, and Shenzhen, and has seen a 58.64% year-on-year increase in online sales revenue in 2024 [2] Group 4: Market Dynamics and Investor Sentiment - The company has seen a net inflow of 259,000 yuan from major investors today, with a lack of clear trends in major investor activity [3] - The average trading cost of the company's shares is 60.10 yuan, with the stock price currently fluctuating between resistance at 60.34 yuan and support at 53.82 yuan, suggesting potential for range trading [5]

Core Viewpoint - The company, Zhejiang Kaichuang Electric Co., Ltd., is experiencing fluctuations in stock performance and is focusing on expanding its lithium battery product line and e-commerce sales, while also benefiting from the depreciation of the RMB [2][6]. Group 1: Company Performance - On December 16, Kaichuang Electric's stock fell by 2.58%, with a trading volume of 39.0038 million yuan and a market capitalization of 6.088 billion yuan [1]. - For the period from January to September 2025, the company reported a revenue of 490 million yuan, a year-on-year decrease of 12.96%, and a net profit attributable to shareholders of -10.4633 million yuan, a year-on-year decrease of 119.10% [6]. - The company has distributed a total of 67.12 million yuan in dividends since its A-share listing [7]. Group 2: Market and Industry Analysis - The company has developed 20 new lithium battery products in 2023, gaining recognition from clients such as Bosch and Harbor Freight Tools, with lithium battery sales currently accounting for less than 10% of total revenue, indicating significant growth potential [2]. - The company's overseas revenue accounted for 91.85% of total revenue, benefiting from the depreciation of the RMB [2]. - Kaichuang Electric has been recognized as a "specialized, refined, distinctive, and innovative" small giant enterprise, which enhances its competitiveness and stability within the industry [2]. - The company has been expanding its e-commerce business since 2018, with online sales revenue increasing by 58.64% year-on-year in 2024 [2]. Group 3: Technical Analysis - The average trading cost of the stock is 60.15 yuan, with the current stock price fluctuating between a resistance level of 60.34 yuan and a support level of 53.82 yuan, suggesting potential for range trading [5]. - The main capital inflow for the stock today was -410,500 yuan, with a net inflow of -7.4172 million yuan over the last three days, indicating a trend of capital reduction [4].

（编辑 任世碧） 证券日报网讯 12月15日晚间，开创电气发布公告称，公司第三届董事会第七次会议审议通过《关于 2026年度日常关联交易额度预计的议案》《关于公司及子公司2026年度开展外汇衍生品交易业务的议 案》《关于召开2025年第四次临时股东会的议案》。 ...

（文章来源：证券日报） 证券日报网讯 12月15日晚间，开创电气发布公告称，公司于近日接到公司控股股东之一致行动人吴用 先生的通知，获悉其所质押的部分股份办理了解除质押业务，本次解除质押数量为1，534，000股。 ...

Group 1 - The core point of the article is that Kaichuang Electric (SZ 301448) announced the convening of its third board meeting on December 15, 2025, via remote voting, to review proposals including the agenda for the fourth extraordinary shareholders' meeting of 2025 [1] - For the first half of 2025, Kaichuang Electric's revenue composition shows that power tools accounted for 99.46% of total revenue, while other businesses contributed 0.54% [1] - As of the time of reporting, Kaichuang Electric has a market capitalization of 6.2 billion yuan [1]

国金证券股份有限公司 关于浙江开创电气股份有限公司及子公司 2026年度开展外汇衍生品交易业务的核查意见 国金证券股份有限公司（以下简称"国金证券"或"保荐机构"）作为浙江开创 电气股份有限公司（以下简称"开创电气"或"公司"）持续督导的保荐机构，根据 《证券发行上市保荐业务管理办法》《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 7 号——交易与关联交易》等相关法律法 规和规范性文件的规定，对开创电气及子公司 2026 年度开展外汇衍生品交易业 务的事项进行了审慎核查，现就公司有关事项发表如下核查意见： 一、开展外汇衍生品交易业务的目的 为提高公司及子公司应对外汇汇率波动风险的能力，更好地降低和防范外汇 汇率波动风险，增强公司财务的稳健性，公司及子公司根据自身业务经营的具体 情况，适度使用与国际业务收入规模相匹配的资金开展外汇衍生品交易业务。公 司及子公司开展的外汇衍生品交易业务不会影响主营业务的发展，公司将合理安 排资金使用。 公司采用远期合约等外汇衍生产品,对冲进出口合同预期收付汇及手持外币 资金的汇率变动风险，其中，远期合约等外汇衍生产品是套期工具，进出口合同 预期收付汇 ...

一、日常关联交易基本情况 国金证券股份有限公司 关于浙江开创电气股份有限公司 2026年度日常关联交易额度预计的核查意见 国金证券股份有限公司（以下简称"国金证券"或"保荐机构"）作为浙江开 创电气股份有限公司（以下简称"开创电气"或"公司"）持续督导的保荐机构， 根据《证券发行上市保荐业务管理办法》《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》 等相关法律法规和规范性文件的规定，对开创电气2026年度日常关联交易额度预 计的事项进行了审慎核查，现就公司有关事项发表如下核查意见： （一）日常关联交易概述 浙江开创电气股份有限公司（以下简称"公司"）及子公司根据2025年度日 常关联交易实际执行情况并结合2026年的业务规划，预计2026年度与关联方发生 日常关联交易总金额累计不超过10,055.00万元（不含税）。关联交易的主要内容 为向关联方采购原材料、零部件、整机类产品的总金额不超过9,340.00万元（不 含税），向关联方销售配件类产品的总金额不超过415.00万元（不含税），接受 关联方提供的劳务总金额不超过300.00万元（不含税）。 ...