Core Viewpoint - Yoyo Green Energy Co., Ltd. is focusing on enhancing its product structure and regional market strategies to adapt to market changes and drive growth in both domestic and international markets [1][2]. Group 1: Financial Performance - In the first half of 2025, Yoyo Green Energy achieved a revenue of 720 million yuan, a slight increase of 0.11% year-on-year [1]. - The company's net profit attributable to shareholders for the same period was 105 million yuan, representing a decline of 24.8% year-on-year [1]. - Domestic revenue was approximately 590 million yuan, up 22.6% year-on-year, while overseas revenue was about 140 million yuan, down 43.9% year-on-year [1]. Group 2: Product and Technology Development - Yoyo Green Energy has three main technology platforms focused on the cooling field, including IP20 direct ventilation technology, IP65 independent duct technology, and IP65 liquid cooling technology [2]. - The company aims to promote high-end and innovative products, increasing the sales proportion of high value-added products [1][2]. Group 3: Market Strategy - The company plans to strengthen its localized service system overseas and analyze different regional markets to enhance its market presence [1]. - Yoyo Green Energy is committed to becoming a global leader in smart energy technology, focusing on technological innovation and customer value [2].

Financial Performance - In the first half of 2025, the company's revenue reached 720 million CNY, a year-on-year increase of 0.11% [2] - Revenue for Q1 2025 was 360 million CNY, up 6.5% year-on-year, while Q2 2025 saw a decline of 5.5% with the same revenue [2] - The net profit attributable to shareholders was 1.05 CNY, down 24.8% year-on-year [2] - Domestic revenue accounted for approximately 590 million CNY, a 22.6% increase, representing 81.1% of total revenue; overseas revenue was about 140 million CNY, down 43.9%, making up 18.9% [2] Market Dynamics - The domestic market's revenue share increased from 71.7% in 2024 to 81.1% in the first half of 2025, driven by strong demand [3] - The domestic charging infrastructure saw an increase of 3.282 million units in the first half of 2025, a 99.2% year-on-year growth [3] - Public charging facilities increased by 517,000 units, a 30.6% year-on-year growth [3] Strategic Response - The company plans to optimize product structure by focusing on high-end and scenario-based solutions, covering six major product lines [3] - It aims to enhance regional structure and diversify market presence by analyzing local policies and market demands [4] - The company will pursue dual-track development by advancing product R&D and expanding from component supplier to comprehensive solution provider [4] Technological Advancements - The company has three major technology platforms in the cooling field: IP20 direct ventilation, IP65 independent duct, and IP65 liquid cooling technologies [6] - The independent duct and liquid cooling technologies offer high protection levels and lower failure rates, with a lifecycle of 8-10 years [6] Overseas Market Trends - In the first half of 2025, the European market for new energy vehicles saw sales of 1.331 million units, a 26.3% year-on-year increase [7] - The EU's regulatory framework continues to support the charging and swapping business, indicating a positive long-term trend for the European market [8] - The company has established local manufacturing capabilities in Southeast Asia and North America, enhancing its responsiveness to market demands [8] Future Development Plans - The company aims to become a global leader in smart energy technology, focusing on technological innovation and customer value [9] - It will deepen technical research in the charging module business and explore new business areas to drive growth [9]

Group 1 - The stock of Youyou Green Energy increased by 7.51% with a turnover rate of 33.84% and a trading volume of 516 million yuan, showing a fluctuation of 6.51% [2] - Institutional investors net bought 7.83 million yuan, while the Shenzhen Stock Connect saw a net purchase of 12.59 million yuan, leading to a total net purchase of 31.76 million yuan from brokerage seats [2] - The top five brokerage seats accounted for a total transaction volume of 198 million yuan, with a net purchase of 52.18 million yuan after accounting for buy and sell transactions [2] Group 2 - The main capital flow for the stock showed a net outflow of 24.59 million yuan, with a significant outflow of 33.32 million yuan from large orders, while smaller orders saw a net inflow of 8.73 million yuan [2] - Over the past five days, the main capital has experienced a net outflow of 37.59 million yuan [2] - Specific brokerage activities included the top buying seat being the Shenzhen Stock Connect with a purchase amount of 42.29 million yuan and a selling amount of 29.70 million yuan, resulting in a net purchase of 12.59 million yuan [2]

Core Viewpoint - The company, Youyou Green Energy, is engaged in the research, production, and sales of core components for DC charging equipment for new energy vehicles, showing a slight increase in revenue but a significant decrease in net profit. Financial Performance - As of June 30, 2025, Youyou Green Energy achieved operating revenue of 723 million yuan, representing a year-on-year growth of 0.11% [2] - The net profit attributable to shareholders for the same period was 105 million yuan, reflecting a year-on-year decrease of 24.78% [2] Shareholder Information - The number of shareholders as of June 30, 2025, was 13,500, a decrease of 3.26% from the previous period [2] - The average number of circulating shares per shareholder increased by 3.37% to 602 shares [2] Financing and Trading Activity - On August 28, 2025, Youyou Green Energy's financing buy-in amounted to 34.02 million yuan, while financing repayment was 54.71 million yuan, resulting in a net financing outflow of 20.69 million yuan [1] - The total financing and securities balance as of August 28, 2025, was 141 million yuan, accounting for 10.03% of the circulating market value [1] Dividend Distribution - Since its A-share listing, Youyou Green Energy has distributed a total of 50.4 million yuan in dividends [3] Institutional Holdings - As of June 30, 2025, the top ten circulating shareholders included Huatai-PineBridge Environmental Industry Stock, which is a new shareholder holding 53,300 shares [3]

民生证券股份有限公司 关于深圳市优优绿能股份有限公司 2025 年半年度持续督导跟踪报告 1 | 6.发表独立意见情况 | | | --- | --- | | （1）发表独立意见次数 | 5 次 | | （2）发表非同意意见所涉问题及结论意见 | 不适用 | | 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 | 0 次 | | （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 | 否 | | （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 | 1 次 | | （2）培训日期 | 2025 年 6 月 16 日 | | （3）培训的主要内容 | 信息披露、募集资金使用、处罚案例分析 | | 11.其他需要说明的保荐工作情况 | 无 | 二、保荐机构发现公司存在的问题及采取的措施 | 事项 | 存在的问题 | ...

Core Viewpoint - On August 26, Youyou Green Energy experienced a decline of 7.31% in stock price, with a trading volume of 358 million yuan, indicating market volatility and investor sentiment towards the company [1]. Financing Summary - On the same day, Youyou Green Energy had a financing buy amount of 52.42 million yuan, with a net financing purchase of 27.73 million yuan after accounting for repayments [1][2]. - The current financing balance stands at 167 million yuan, which constitutes 11.78% of the company's market capitalization [2]. Company Overview - Youyou Green Energy, established on August 20, 2015, is located in the Guangming District of Shenzhen, Guangdong Province. The company specializes in the research, production, and sales of core components for direct current charging equipment for new energy vehicles [2]. - The company's main business revenue composition is 96.15% from charging modules and 3.85% from other sources [2]. Financial Performance - For the first half of 2025, Youyou Green Energy reported a revenue of 723 million yuan, reflecting a year-on-year growth of 0.11%. However, the net profit attributable to shareholders decreased by 24.78% to 105 million yuan [2]. Shareholder Information - As of June 30, 2025, the number of shareholders for Youyou Green Energy was 13,500, a decrease of 3.26% from the previous period, with an average of 602 circulating shares per shareholder, an increase of 3.37% [2]. - The company has distributed a total of 50.4 million yuan in dividends since its A-share listing [3].

Financial Performance - The company reported total revenue of 723 million yuan for the first half of 2025, a slight increase of 0.11% year-on-year, while net profit attributable to shareholders decreased by 24.78% to 105 million yuan [1] - In Q2 2025, total revenue was 362 million yuan, down 5.5% year-on-year, and net profit attributable to shareholders was approximately 43.29 million yuan, a decline of 35.6% [1] - The gross margin was 29.59%, down 12.05% year-on-year, and the net margin was 14.48%, down 24.86% year-on-year [1] - Accounts receivable increased by 33.35% year-on-year, indicating a longer collection cycle [1][3] Cash Flow and Financial Health - The company experienced a significant increase in cash and cash equivalents, with a change of 115.88% due to the issuance of 10.5 million shares [3][4] - Operating cash flow decreased by 213.22%, attributed to increased payments for materials and employee compensation, as well as a longer collection cycle [4] - The company maintained a healthy cash asset position, indicating strong solvency [5] Business Strategy and Market Position - The company was founded in 2015 and has focused on the development and sales of charging modules for electric vehicles, with a strong emphasis on technology innovation and market expansion [7][11] - The product architecture includes various charging solutions for different scenarios, such as ultra-fast charging, destination charging, and home energy management [8][10] - The company has established a diverse customer base with over 1,000 clients and has made early moves into international markets, enhancing its brand influence [11] Industry Outlook - The electric vehicle market in China continues to grow, with significant potential for charging infrastructure expansion, particularly in lower-tier cities [14][15] - New product forms, such as destination charging and home energy solutions, are expected to create additional market demand and growth opportunities [15]

从资金流向上来看，当日其他电源设备板块主力资金净流出3.12亿元，游资资金净流出3.2亿元，散户资 金净流入6.32亿元。其他电源设备板块个股资金流向见下表： 证券之星消息，8月26日其他电源设备板块较上一交易日下跌1.18%，优优绿能领跌。当日上证指数报收 于3868.38，下跌0.39%。深证成指报收于12473.17，上涨0.26%。其他电源设备板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 002364 | 中恒电气 | 25.80 | 10.02% | 92.20万 | 23.32 Z | | 688551 | 科威尔 | 43.21 | 5.06% | 4.92万 | 2.11亿 | | 002851 | 麦格米特 | 78.21 | 3.99% | 61.20万 | 46.48 Z | | 688411 | 海博思创 | 111.60 | 2.57% | 1.26万 | 1.42亿 | | 002227 | 熨特迅 | 14.10 | 1.73% | 14.9 ...

Core Points - The company will not distribute cash dividends, issue bonus shares, or convert reserves into share capital during the reporting period [2] - The company has not experienced any changes in its controlling shareholder or actual controller during the reporting period [3][4] - The company has approved a total credit limit of up to RMB 1.5 billion from various banks for operational needs [6] - The company plans to use up to RMB 1 billion of idle funds for cash management to enhance the efficiency of fund utilization [7] - The company will also use up to RMB 800 million of idle raised funds for cash management, focusing on low-risk, high-liquidity financial products [8] - The company has approved changes to its registered capital and company type, increasing registered capital from RMB 31.5 million to RMB 42 million [8]

民生证券股份有限公司 截至2025年6月30日，公司募集资金使用和结余情况如下： 项目 金额（元） 募集资金总额 940,800,000.00 发行费用 97,008,614.81 募集资金净额 843,791,385.19 加：尚未支付及置换的发行费用 24,197,445.00 募集资金专户初始到账金额 867,988,830.19 加：利息收入 715,708.84 截至 2025 年 6 月 30 日募集资金专户余额 868,704,539.03 一、募集资金基本情况 （一）实际募集资金金额和资金到账时间 关于深圳市优优绿能股份有限公司 经中国证券监督管理委员会《关于同意深圳市优优绿能股份有限公司首次公开 发行股票注册的批复》（证监许可〔2025〕466号）同意注册，公司首次公开发行人 民币普通股（A股）股票1,050万股，募集资金总额为人民币940,800,000.00元，扣 减不含税发行费用，实际募集资金净额人民币843,791,385.19元。2025年5月30日， 致同会计师事务所（特殊普通合伙）对公司首次公开发行股票的资金到账情况进行 了审验确认，并出具"致同验字（2025）第441C000 ...