证券代码：301590 证券简称：优优绿能 公告编号：2025-041 深圳市优优绿能股份有限公司 关于注销部分股票期权的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 深圳市优优绿能股份有限公司（以下简称"公司"）于2025年9月12日召开 了第二届董事会第三次会议审议通过了《关于注销部分股票期权的议案》，现将 相关事项公告如下： 一、公司激励计划概述及已履行的相关程序 2023年3月28日，公司召开第一届董事会第八次会议和第一届监事会第八次 会议审议通过了《关于注销部分股票期权的议案》，鉴于1名激励对象黄金岩因 个人原因离职，已不再具备激励对象资格，公司董事会根据《股票期权激励计划》 的有关规定以及公司2022年第二次临时股东大会的授权，对上述激励对象已获授 但尚未行权的股票期权0.06万份予以注销，激励对象人数调整为88人，剩余已授 予但尚未行权的股票期权调整为59.08万份。独立董事发表明确同意意见。 2023年9月26日，公司召开第一届董事会第十次会议和第一届监事会第九次 会议审议通过了《关于注销部分股票期权的议案》，鉴于1名激励对象陈华成因 个人 ...

证券代码：301590 证券简称：优优绿能 公告编号：2025-042 深圳市优优绿能股份有限公司 关于调整股票期权激励计划行权价格的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 深圳市优优绿能股份有限公司（以下简称"公司"）于2025年9月12日召开 了第二届董事会第三次会议审议通过了《关于调整股票期权激励计划行权价格的 议案》，现将相关事项公告如下： 一、公司激励计划概述及已履行的相关程序 第 1 页 励计划实施考核管理办法〉的议案》《关于提请股东大会授权董事会办理公司2022 年股票期权激励计划相关事宜的议案》。 公司制定并实施《深圳市优优绿能股份有限公司2022年股票期权激励计划 （草案）》（以下简称"激励计划"或"《股票期权激励计划》"），拟向激励 对象授予股票期权数量为60万份，授予的激励对象总人数为101人，行权价格为 85元/股，本激励计划有效期从期权授予完成之日至股票期权失效为止。本激励 计划激励对象为公司核心员工，不包括公司董事、监事、高级管理人员、单独或 合计持有公司5%以上股份的股东或实际控制人及其配偶、父母、子女。 2022年5月 ...

证券代码：301590 证券简称：优优绿能 公告编号：2025-043 深圳市优优绿能股份有限公司 关于公司2022年股票期权激励计划第一个行权期 符合行权条件的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 5、本次可行权的股票期权若全部行权，公司股份仍具备上市条件。 深圳市优优绿能股份有限公司（以下简称"公司"）于2025年9月12日召开 了第二届董事会第三次会议，审议通过了《关于公司2022年股票期权激励计划第 一个行权期符合行权条件的议案》，公司股票期权激励计划第一个行权期行权条 件已经成就，现将相关事项公告如下： 第 1 页 一、本激励计划简述及已履行的相关审批程序 （一） 股票期权激励计划方案及履行的程序 2022年5月31日，公司召开第一届董事会第四次会议审议通过了《关于〈公 司2022年股票期权激励计划（草案）〉的议案》《关于〈公司2022年股票期权激 励计划实施考核管理办法〉的议案》《关于提请股东大会授权董事会办理公司2022 年股票期权激励计划相关事宜的议案》等股票期权激励计划的相关议案。独立董 事发表明确同意意见。 特别提示 1、本次期 ...

关于深圳市优优绿能股份有限公司 2022年股票期权激励计划第一个行权期符合行权条件、 调整股票期权激励计划行权价格及 注销部分股票期权的法律意见书 中国深圳福田区益田路6001号太平金融大厦11、12楼 邮政编码：518038 11-12/F., TAIPING FINANCE TOWER, NO.6001 YITIAN ROAD, SHENZHEN, P.R. CHINA 电话（Tel.）：（86-755） 88265288 传真（Fax.）：（86-755）88265537 网站（Website）：www.sundiallawfirm.com 法律意见书 广东信达律师事务所 关于深圳市优优绿能股份有限公司 2022 年股票期权激励 计划第一个行权期符合行权条件、调整股票期权激励计划行 权价格及注销部分股票期权的 法律意见书 信达励字（2025）第 133 号 致：深圳市优优绿能股份有限公司 广东信达律师事务所（以下简称"信达"）根据与深圳市优优绿能股份有限 公司（以下简称"公司""发行人"或"优优绿能"）签订的《专项法律顾问聘请 协议》，接受公司的委托，担任公司 2022 年股票期权激励计划的专项法律顾问 ...

深圳市优优绿能股份有限公司 独立董事关于公司 2022 年股票期权激励计划 相关事项的独立意见 根据《深圳市优优绿能股份有限公司 2022 年股票期权激励计划》（以下简 称"股票期权激励计划"）有关规定，我们作为深圳市优优绿能股份有限公司（以 下简称"公司"）的独立董事，现对公司第二届董事会第三次会议审议的关于股 票期权激励计划的相关事项进行了认真的检查、查验和审议，现就相关事项发表 如下独立意见： 一、关于《关于注销部分股票期权的议案》的独立意见 经核查，我们认为： 公司本次注销 1.84 万份股票期权事项，符合《上市公司股权激励管理办法》 和《股票期权激励计划》等相关文件的规定，本次注销股票期权事项在公司股东 大会授权董事会决策的范围内，所作的决定履行了必要的程序，本次注销股票期 权事项合法、有效，不会对公司的财务状况和经营成果产生重大影响，亦不存在 损害公司及股东特别是中小股东利益的情况。 因此，我们一致同意公司对 7 名已离职的激励对象已获授但尚未行权的共计 1.84 万份股票期权进行注销。 二、关于《关于调整股票期权激励计划行权价格的议案》的独立意见 因此，我们一致同意公司此次对股票期权激励计划股票 ...

证券代码：301590 证券简称：优优绿能 公告编号：2025-040 深圳市优优绿能股份有限公司 第二届董事会第三次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 2025年9月12日，深圳市优优绿能股份有限公司（以下简称"公司"）第二 届董事会在公司会议室召开了第三次会议。通知已于2025年9月4日以专人送达或 电子邮件的方式送达各位董事。本次会议以现场结合通讯的方式召开，应到董事 6名，实到董事6名。其中独立董事张媛媛女士、独立董事曹松涛先生以通讯方式 参与表决。 本次董事会会议由董事长柏建国先生召集并主持。公司高级管理人员列席了 本次董事会。会议召开及表决符合《中华人民共和国公司法》等法律、行政法规、 规范性文件和《公司章程》的有关规定。与会董事以记名投票方式审议通过了以 下议案： 一、审议通过《关于注销部分股票期权的议案》 鉴于刘文虎等7名激励对象因个人原因离职，已不再具备激励对象资格，根 据《公司2022年股票期权激励计划》的有关规定以及公司2022年第二次临时股东 大会的授权，董事会同意对上述刘文虎等7名离职激励对象已获授但尚未行权的 ...

Core Insights - On September 11, Youyou Green Energy experienced a slight decline of 0.16% with a trading volume of 299 million yuan [1] - The company reported a net financing purchase of 21.44 million yuan on the same day, with a total financing and securities balance of 192 million yuan [1][2] - As of June 30, 2025, Youyou Green Energy achieved a revenue of 723 million yuan, reflecting a year-on-year growth of 0.11%, while the net profit attributable to shareholders decreased by 24.78% to 105 million yuan [2] Financing and Trading Activity - On September 11, the financing purchase amounted to 44.73 million yuan, with a current financing balance of 192 million yuan, representing 11.06% of the circulating market value [1] - There were no short selling activities reported on the same day, with a short selling balance of 0 shares [1] Shareholder and Dividend Information - As of June 30, 2025, the number of shareholders decreased by 3.26% to 13,500, while the average number of circulating shares per person increased by 3.37% to 602 shares [2] - The company has distributed a total of 50.4 million yuan in dividends since its A-share listing [3]

Group 1 - The report highlights the impact of the "Federal Reserve independence shock" on the U.S. economy, emphasizing direct and indirect interference with the Fed's operations [3] - It suggests that the traditional economic tools to suppress inflation may be compromised, potentially leading to a "re-inflation" scenario in the U.S. economy [3] - The report indicates that the dollar's status as a reserve currency and the credibility of U.S. institutions may be affected, with commodity markets, especially precious metals, likely benefiting from global investment diversification trends [3] Group 2 - The report discusses the August inflation data, noting a negative CPI of -0.4% and a narrowing PPI decline of -2.9%, indicating a divergence in inflation trends [5][25] - It points out that the core CPI has shown resilience, with a continuous increase over four months, reflecting a mild recovery in domestic demand [5][25] - The report emphasizes that the negative inflation implies a passive rise in real interest rates, which may prompt the central bank to lower financing costs for the real economy [5][25] Group 3 - The report on Hangzhou Oxygen Plant (杭氧股份) indicates a steady performance in H1 2025, with revenue of 73.27 billion and a net profit of 4.79 billion, reflecting a year-on-year growth of 8.92% and 9.61% respectively [19][40] - It highlights the industrial gas segment's revenue growth of 14% and a gross margin of 21.18%, suggesting a potential bottom reversal in the industrial gas market [19][41] - The equipment segment shows promising results, with a significant increase in orders for petrochemical equipment, indicating successful overseas expansion [19][42] Group 4 - The report on Youyou Green Energy (优优绿能) emphasizes the company's focus on high-power charging modules, projecting revenues of 13.5 billion, 16.2 billion, and 19.5 billion for 2025-2027, with a net profit forecast of 2.0 billion, 3.0 billion, and 4.1 billion respectively [11][35] - It notes the strong overseas market performance, with a gross margin of 50.2% for international sales, significantly higher than domestic margins [11][33] - The report highlights the company's commitment to R&D, with a focus on product innovation and a high R&D expense ratio compared to sales and management costs [11][34] Group 5 - The report on Longxin General (隆鑫通用) indicates a robust performance in H1 2025, with revenue of 97.52 billion and a net profit of 10.74 billion, marking a year-on-year increase of 27.21% and 82.26% respectively [12][36] - It highlights the successful overseas expansion of the "Wuji" brand, with significant growth in sales and a strong marketing presence across various platforms [12][37] - The report projects an upward revision of profit forecasts for 2025-2027, estimating net profits of 19.06 billion, 23.07 billion, and 27.13 billion, reflecting the company's strong growth trajectory [12][39]

Group 1 - The average stock price of A-shares is 13.56 yuan, with 149 stocks priced over 100 yuan, an increase of 13 stocks compared to the previous trading day [1] - The Shanghai Composite Index closed at 3875.31 points, up 1.65%, while stocks over 100 yuan had an average increase of 4.59%, outperforming the index by 2.94 percentage points [1] - The highest closing price among stocks over 100 yuan is Kweichow Moutai at 1523.50 yuan, followed by Cambrian and G-bits at 1387.00 yuan and 513.00 yuan respectively [1] Group 2 - In the past month, stocks over 100 yuan have averaged a 28.33% increase, while the Shanghai Composite Index rose by 6.61% [2] - Notable performers include Tengjing Technology, Kaipu Cloud, and Zhongji Xuchuang, with increases of 129.92%, 114.29%, and 110.21% respectively [2] - Year-to-date, the average increase for these stocks is 90.68%, surpassing the Shanghai Composite Index's 75.06% [2] Group 3 - Tengjing Technology's stock price has crossed the 100 yuan mark for the first time, closing at 101.44 yuan with a 20.00% increase and a turnover rate of 0.15% [2] - The electronic industry has the highest concentration among stocks over 100 yuan, with 47 stocks, accounting for 31.54% of the total [2] - Institutional ratings show that seven stocks over 100 yuan received "buy" ratings today, with Yuyou Green Energy and Gujing Gongji being newly covered by institutions [2] Group 4 - Among the stocks rated by institutions, two stocks have an upside potential exceeding 20%, with Yuyou Green Energy having the highest potential at 34.56% [3] - The stock list includes Kweichow Moutai, Cambrian, and G-bits, with respective closing prices of 1523.50 yuan, 1387.00 yuan, and 513.00 yuan [3][4] - The electronic sector continues to dominate the high-priced stock list, with several companies showing significant price increases [4][5]

Investment Rating - The report assigns a "Buy" rating for the company with a target price of 285.7 CNY, based on a 2026 PE of 40x [5][41]. Core Insights - The company specializes in high-power charging modules and has a strong focus on research and development, with a light asset model that emphasizes core technology and new product development [1][33]. - The company has significant growth potential in the downstream market, particularly in data centers, as high-voltage direct current (HVDC) power modules can be utilized in this sector [1][32]. - The company has established a strong customer base, including well-known domestic and international clients, which enhances its market position [29]. Summary by Sections Business Overview - The company primarily operates in the charging module sector, focusing on high-power modules and expanding its business from domestic to international markets [11][12]. - The product structure is evolving, with a notable increase in the revenue share of 40kW modules, which accounted for 50% of total revenue in 2024, reflecting a year-on-year growth of 155% [20][12]. Financial Performance - Revenue projections for 2025-2027 are estimated at 13.5 billion, 16.2 billion, and 19.5 billion CNY, with corresponding growth rates of -10%, 20%, and 20% [38][39]. - The company expects a decline in net profit in 2025 to 2.0 billion CNY, followed by a recovery with growth rates of 48% and 37% in 2026 and 2027, respectively [38][39]. Market Position and Customer Base - The company has a high overseas revenue share, with Europe being the largest market, contributing 52% of total revenue in 2022 [12][24]. - Major clients include Wanbang Digital, ABB, and BTC POWER, which collectively account for 33% of the company's revenue in 2024 [29][31]. Research and Development - The company invests heavily in R&D, with a research expense ratio of 7.3% in 2024, significantly higher than sales and management expense ratios [33][34]. - The focus on R&D supports the development of innovative products and enhances the company's competitive edge in the market [33][23]. Industry Outlook - The power module industry has strong growth potential, particularly in the data center sector, as the shift from AC to DC power supply is expected to drive demand for HVDC products [32][1]. - The company's light asset model allows for flexibility and efficiency in operations, with most production processes outsourced [33][1].