内部审计管理制度 上海电气集团股份有限公司 第一章 总则 第一条 为规范上海电气集团股份有限公司（以下简称"集 团"）内部审计工作，提升内部审计工作质量，更好发挥内部审 计监督在公司治理体系中的重要作用，推动企业可持续健康发展， 根据《中华人民共和国审计法》《上海证券交易所上市公司自律 监管指引》《公司章程》《关于内部审计工作的规定（审计署令 第 11 号）》《上海市国有企业内部审计管理办法》等有关规定， 结合集团实际，制定本制度。 第二章 内部审计领导体制 第四条 集团建立健全党委、董事会直接领导下的内部审计 领导体制。集团党委书记、董事长分管集团内部审计工作，是内 部审计工作第一责任人。集团建立总审计师机制，协助集团党委、 董事会管理内部审计工作。 第五条 集团党委全面领导内部审计工作，定期或不定期召 开会议听取报告、研究内部审计重大事项，加强对内部审计领域 重大工作的顶层设计、统筹协调和督促落实。 第六条 集团董事会负责决定内部审计机构的设置，批准内 部审计重要管理制度、中长期规划、年度审计计划和重要审计报 告，审议集团内部审计工作报告并考核、评价内部审计工作，督 促管理层保障内部审计履行职责所必要的权 ...

上海电气公告，第三季度营收为277.81亿元，同比增长4.73%；净利润为2.45亿元，同比增长12.58%。 前三季度营收为817.89亿元，同比增长7.50%；净利润为10.65亿元，同比增长8.48%。 ...

Core Insights - Shanghai Electric reported third-quarter revenue of 27.781 billion yuan, an increase of 4.73% year-on-year [1] - The net profit for the third quarter was 245 million yuan, reflecting a year-on-year growth of 12.58% [1] - For the first three quarters, the total revenue reached 81.789 billion yuan, up 7.50% compared to the same period last year [1] - The net profit for the first three quarters was 1.065 billion yuan, showing an increase of 8.48% year-on-year [1]

Core Viewpoint - Shanghai Electric's stock has experienced fluctuations, with a recent decline of 2.06% and a year-to-date increase of 17.26%, indicating a volatile yet upward trend in its stock performance [1][2]. Financial Performance - For the first half of 2025, Shanghai Electric reported a revenue of 543.03 billion yuan, reflecting a year-on-year growth of 8.89%, while the net profit attributable to shareholders was 8.21 billion yuan, up 36.40% compared to the previous year [2]. - The company has cumulatively distributed dividends amounting to 99.73 billion yuan since its A-share listing, with no dividends paid in the last three years [3]. Stock Market Activity - As of October 28, Shanghai Electric's stock price was 9.51 yuan per share, with a trading volume of 22.93 billion yuan and a turnover rate of 1.89%, leading to a total market capitalization of 147.78 billion yuan [1]. - The stock has seen significant trading activity, with a net outflow of 2.81 billion yuan from main funds, while large orders accounted for 18.90% of buying and 23.85% of selling [1]. Shareholder Structure - As of June 30, 2025, the number of shareholders for Shanghai Electric was 704,400, a decrease of 6.70% from the previous period, with an average of 0 shares per shareholder [2]. - Major shareholders include China Securities Finance Corporation and Hong Kong Central Clearing Limited, with notable changes in their holdings [3].

Core Insights - Shanghai Electric and its partners have established a new energy storage technology company, Linyi Energy Storage Technology Co., Ltd, with a registered capital of 60 million yuan [1] Company Summary - The new company is wholly owned by Shanghai Electric (Anhui) Energy Storage Technology Co., Ltd, which is jointly held by Shanghai Electric and Shanghai Yueda New Industrial Group Co., Ltd [1] - The business scope of the new company includes battery manufacturing, battery parts production and sales, engineering and technology research, and energy storage technology services [1]

Core Viewpoint - Shanghai Electric's stock has shown a significant increase in price and trading volume, indicating positive market sentiment and potential growth opportunities in the energy and equipment sectors [1][2]. Company Overview - Shanghai Electric Group Co., Ltd. was established on March 1, 2004, and listed on December 5, 2008. The company is based in Huangpu District, Shanghai, and its main business areas include renewable energy and environmental protection equipment, efficient clean energy equipment, industrial equipment, and modern services [1]. - The revenue composition of Shanghai Electric is as follows: 81.52% from product sales, 9.43% from service provision, 4.56% from engineering construction, and 4.49% from other businesses [1]. Financial Performance - For the first half of 2025, Shanghai Electric achieved a revenue of 54.303 billion yuan, representing a year-on-year growth of 8.89%. The net profit attributable to shareholders was 0.821 billion yuan, reflecting a year-on-year increase of 36.40% [2]. - Since its A-share listing, Shanghai Electric has distributed a total of 9.973 billion yuan in dividends, with no dividends paid in the last three years [3]. Shareholder Information - As of June 30, 2025, the number of shareholders for Shanghai Electric was 704,400, a decrease of 6.70% from the previous period. The average circulating shares per person remained at 0 shares [2]. - The top ten circulating shareholders include China Securities Finance Corporation, which holds 211.2 million shares (a decrease of 20.3946 million shares), and Hong Kong Central Clearing Limited, which holds 138 million shares (an increase of 6.9912 million shares) [3].

Core Viewpoint - The company will hold a performance briefing for the third quarter of 2025 to enhance communication with investors and provide insights into its operational results and financial metrics [3]. Group 1: Meeting Details - The performance briefing is scheduled for October 30, 2025, from 14:00 to 15:00 [2][4]. - The meeting will take place at the Shanghai Stock Exchange Roadshow Center and will be conducted in an interactive online text format [4]. - Investors can submit questions from October 23 to October 29, 2025, before 16:00, through the Roadshow Center website or via the company's email [2][5]. Group 2: Company Participation - Key participants from the company include Chairman Qiao Yinping, CEO Wang Yong, and other board members [5]. - The company may adjust the list of attendees due to special circumstances [5]. Group 3: Investor Participation - Investors can log in to the Roadshow Center on the day of the meeting to participate and ask questions [5]. - The company will address commonly asked questions during the briefing [6]. Group 4: Contact Information - The Securities Affairs Department can be contacted for inquiries at 021-54961895 or via email at sewc_ir@shanghai-electric.com [6].

Core Viewpoint - The industrial mother machine is a cornerstone of a country's manufacturing capabilities, reflecting its technological level and comprehensive competitiveness. The recent "2025 Industrial Mother Machine + Hundred Industries and Ten Thousand Enterprises Supply and Demand Matching Event" in Shanghai highlighted significant collaborations and advancements in this sector [1][13]. Group 1: Event Highlights - The event facilitated the release of 100 demand lists and 200 supply lists, resulting in over 80 cooperation projects with a signed amount exceeding 3 billion yuan [1]. - Shanghai Electric Group showcased its strengths in the industrial mother machine sector and proposed the establishment of an AI + industrial mother machine ecosystem [1][13]. Group 2: Historical Context - Shanghai Machine Tool Factory, established in 1946, is a pioneer in China's industrial mother machine industry, marking significant milestones in the development of domestic machinery [3][4]. - The factory transitioned from producing simple agricultural tools to developing advanced machinery, including China's first universal tool grinding machine [3][4]. Group 3: Technological Advancements - Shanghai Machine Tool Factory has developed a comprehensive R&D capability covering various types of grinding machines, focusing on key technologies in the industrial mother machine field [4][5]. - The factory has achieved breakthroughs in several critical technologies, including high-speed and high-efficiency grinding machines, enhancing processing efficiency and precision [4][9]. Group 4: Industry Positioning - As a key player in the industrial mother machine supply chain, Shanghai Machine Tool Factory plays a pivotal role in manufacturing integrated equipment, supporting various critical manufacturing sectors [5][8]. - The factory's products are widely used in industries such as automotive, aerospace, and engineering machinery, contributing to the high-end development of these sectors [8]. Group 5: Strategic Directions - The company is actively pursuing digitalization and internationalization strategies to address industry challenges, including the need for higher-end supply and the impact of global market fluctuations [11][12]. - Shanghai Machine Tool Factory has successfully expanded its overseas business, achieving 200% of its annual sales target in international markets this year [12]. Group 6: Future Outlook - The company aims to enhance its global presence by deepening its engagement in traditional markets like Southeast Asia while exploring high-end markets in Europe and South America [12]. - Shanghai Electric Group emphasizes the integration of smart technologies with industrial mother machines as a primary direction for future development [13].

Core Viewpoint - The announcement details the completion of a share reduction plan by the controlling shareholder, Shanghai Electric Group, which has reduced its stake in Shanghai Electric Wind Power Group from 62.00% to 61.00% through the sale of 13,333,334 shares, representing 1.00% of the total share capital [2][3]. Summary by Sections Shareholder's Basic Situation - Prior to the reduction plan, Shanghai Electric directly held 818,666,636 shares, accounting for 61.40% of the total share capital, with 792,000,000 shares acquired before the IPO and 26,666,636 shares purchased through the stock exchange [2]. - Shanghai Electric Investment, a wholly-owned subsidiary of Shanghai Electric, held 8,000,000 shares, representing 0.60% of the total share capital, making the combined holdings of Shanghai Electric and its subsidiary 826,666,636 shares, or 62.00% of the total [2]. Implementation of the Reduction Plan - The reduction plan was announced on September 9, 2025, with a maximum reduction of 13,333,334 shares, not exceeding 1.00% of the total share capital, scheduled between September 30, 2025, and December 29, 2025 [2]. - The actual reduction occurred between September 30, 2025, and October 21, 2025, with Shanghai Electric successfully reducing its holdings by 13,333,334 shares, bringing its total ownership down to 61.00% [3]. Other Relevant Information - The reduction was conducted in compliance with relevant regulations and did not trigger a mandatory tender offer, nor did it affect the control structure of the company [5]. - The company will continue to ensure compliance with disclosure obligations related to share changes and will monitor the situation to protect investor interests [5].

Core Viewpoint - Tianwo Technology (002564.SZ) announced the termination of the voting rights entrustment agreement between Mr. Chen Yuzhong and Shanghai Electric, effective from October 20, 2025, which does not change the control of the company [1] Shareholding Structure - After the termination of the voting rights entrustment, Shanghai Electric directly holds 116 million shares, accounting for 13.51% of the total share capital of the company [1] - The controlling shareholder, Shanghai Electric Holding Group Co., Ltd. (referred to as "Electric Holding"), directly holds 132.459 million shares, representing 15.42% of the total share capital [1] - Together, Electric Holding and Shanghai Electric hold a total of 248.459 million shares, which is 28.93% of the company's total share capital [1]