Core Points - The supervisory board of Beijing Hekang New Energy Technology Co., Ltd. has reviewed the list of eligible participants for the first vesting period of the 2023 restricted stock incentive plan [1] - Out of 53 reserved grant incentive objects, 36 individuals meet the qualifications for the incentive plan, while 16 lost eligibility due to resignation and 1 failed to meet performance evaluation criteria [1] - The total number of shares corresponding to the eligible 36 participants is 2.075 million shares, and the actions taken comply with relevant laws and regulations [2]

其中，香港公开发售获557.2倍认购，国际发售获8.3倍认购。 智通财经APP讯，奥克斯电气(02580)发布公告，公司全球发售约2.38亿股股份，香港公开发售占35%， 国际发售占65%。每股发售价17.42港元，净筹约39.94亿港元。预期股份将于2025年9月2日(星期二)上午 九时正(香港时间)开始在联交所交易。股份将以每手200股进行交易，股份的股份代号将为2580。 ...

Core Viewpoint - Beijing Hekang New Energy Technology Co., Ltd. plans to increase its foreign exchange hedging business limit to mitigate risks associated with foreign currency fluctuations as its overseas business expands [1][2]. Group 1: Business Expansion and Hedging Strategy - The company has approved a new limit for foreign exchange hedging business, increasing it from RMB 200 million to RMB 500 million or equivalent foreign currency [1]. - The decision was made during the 23rd meeting of the sixth board of directors and the 11th meeting of the sixth supervisory board, reflecting the need for enhanced risk management due to changing external conditions [1][2]. - The hedging business will include various financial instruments such as forward foreign exchange contracts, foreign exchange swaps, foreign exchange options, interest rate swaps, and other foreign exchange derivatives [2]. Group 2: Risk Management Measures - The company emphasizes that its hedging activities will be closely aligned with its core business operations, ensuring that the currency, scale, direction, and duration of transactions are appropriately matched [2]. - A series of measures will be implemented to manage risks, including strengthening research and analysis of exchange rates and adjusting business strategies as needed [2]. - The finance department will oversee the hedging activities, ensuring that they are based on normal operational needs and avoiding speculative trading [2].

（文章来源：证券日报） 证券日报网讯 9月1日晚间，科陆电子发布公告称，公司二〇二五年第一次临时股东大会于2025年9月1 日召开，审议通过了《关于续聘立信会计师事务所（特殊普通合伙）为公司2025年度审计机构的议案》 等多项议案。 ...

Group 1 - The company announced that its first extraordinary general meeting of shareholders for 2025 will be held on September 1, 2025 [2] - The meeting will review and approve several proposals, including the proposal to add new directors to the board [2]

来源：市场资讯 （来源：ETF炼金师） 在经历了强劲的8月后，A股市场在进入9月后是否能继续保持反弹势头成为投资者关注的焦点。根据最 新数据，A股在上周整体上涨，沪指周涨幅为0.84%，创业板指的表现尤其抢眼，周涨幅高达7.74%，交 投活跃，日均成交额更是突破了2万亿。 回顾8月，A股整体表现非常强劲，科创50指数更是以28%的涨幅位居第一，创业板指随之上涨 24.13%，上证指数也实现了7.97%的累计涨幅，稳固地站在3800点以上。这样的表现不仅让A股成为全 球各类资产中的佼佼者，也显示了市场对高成长性资产的强烈偏好。 从各行业表现来看，科技板块的强劲推动了市场的整体反弹。在AI算力需求激增和数据中心建设的背 景下，通信设备、半导体、电气设备及汽车零部件等行业涨幅均超过了30%。相对而言，石油天然气、 钢铁等传统行业则表现平平，资金流向开始分化。 首先，国内经济正在逐渐复苏，出口依然强劲，政策面也不断传出利好消息，财政贴息政策的实施及商 务部即将出台的扩大服务消费措施均为市场注入了信心。同时，国产替代加速及重大基建项目的推进， 将进一步提升市场活力。 其次，全球降息预期的上升可能为新兴市场提供了良好的资 ...

Summary of Key Points Core Viewpoint - Zhejiang Chint Electrics (601877.SH) has been actively repurchasing its shares, indicating a commitment to enhancing shareholder value through buybacks [1] Group 1: Share Repurchase Details - As of August 2025, the company has repurchased a total of 4.2773 million shares through centralized bidding, which accounts for 0.20% of the total share capital [1] - The highest purchase price for the repurchased shares was 23.67 CNY per share, while the lowest was 22.78 CNY per share, with a total expenditure of 99.9954 million CNY (excluding transaction fees) [1] - By the end of August 2025, the cumulative repurchased shares reached 17.414 million, representing 0.81% of the total share capital, with a total payment of 399.9155 million CNY (excluding transaction fees) [1]

Investment Rating - The report maintains a "Buy" rating for the company, indicating a strong potential for investment returns exceeding the market benchmark by more than 15% over the next 6-12 months [4][15]. Core Insights - The company reported a revenue of 3.154 billion yuan for H1 2025, representing an 8.16% year-on-year growth, with a net profit of 265 million yuan, up 19.10% year-on-year. The gross margin increased by 2.51 percentage points to 25.87% and the net margin rose by 0.79 percentage points to 8.34% [1]. - The company has seen significant growth in various sectors, particularly in the data center field, where revenue surged by 460.51% year-on-year, driven by advancements in AI and the global demand for electricity equipment [2][3]. Summary by Sections Financial Performance - For H1 2025, the company achieved a revenue of 3.154 billion yuan, with a net profit of 265 million yuan. The Q2 2025 revenue was 1.812 billion yuan, marking a 12.42% year-on-year increase and a 34.92% quarter-on-quarter increase [1]. - The company’s gross margin improved to 25.87%, and the net margin reached 8.34% [1]. Sales Growth - The company experienced robust sales growth across various sectors, with wind power revenue increasing by 77.63%, power generation and supply by 58.06%, and data center revenue by 460.51% in H1 2025 [2]. - The total order backlog as of June 2025 was 7.540 billion yuan, a 14.89% increase year-on-year, with domestic orders at 4.738 billion yuan and international orders at 2.802 billion yuan [2]. Product Development - The company is actively developing AIDC products and has successfully implemented transformer series products in numerous data center projects for major tech companies [3]. - The company has completed the R&D of a 10kV/2.4MW solid-state transformer, positioning itself well in the AIDC market [3]. Storage Business - The storage business reported a revenue of 302 million yuan in H1 2025, reflecting a 6.40% year-on-year growth, although the gross margin decreased to 9.81% [4]. - The company is advancing the development of its third-generation high-voltage direct connection products, enhancing its competitive edge in the storage market [4]. Profit Forecast and Valuation - The report forecasts net profits of 750 million yuan, 953 million yuan, and 1.183 billion yuan for 2025, 2026, and 2027 respectively, with corresponding EPS of 1.63 yuan, 2.07 yuan, and 2.58 yuan [6][11]. - The current stock price corresponds to a P/E ratio of 35, 28, and 22 for the years 2025, 2026, and 2027 respectively, indicating a favorable valuation for potential investors [4][6].

证券日报网讯华自科技（300490）9月1日在互动平台回答投资者提问时表示，公司根据订单情况全力推 进生产交付，当前产能能够匹配订单履约需求；后续也将结合订单规模动态调整，保障交付效率。由于 不同业务的产品结构、应用场景不同，各订单价格及利润水平会有差异，公司会持续聚焦经营优化，努 力提升整体盈利能力。 ...

人民财讯9月1日电，特锐德（300001）9月1日晚间公告，近日，中国华电集团电子商务平台发布《2025 —2026年新能源35kV箱式变压器框架采购招标项目中标候选人公示通知》、北京市公共资源交易服务 平台发布《2025年铁路建设项目国铁集团管理的甲供物资第二批次中标候选人公示》，公司为其部分项 目的中标候选人，上述项目预中标总金额约6.98亿元。 ...