（编辑 何成浩） 证券日报网讯 8月12日晚间，神马电力发布公告称，2025年半年度公司实现营业收入704，481，509.40 元，同比增长27.74%；归属于上市公司股东的净利润为160，282，243.47元，同比增长13.60%。 ...

Group 1 - The company has made progress in its data center business, specifically through its GIL and smart modular substations, which are applicable to data centers [2] - In 2022, the company won the bid for Tencent's Yizheng Dongsheng Cloud Computing Data Center project, which was successfully delivered in May 2023, indicating positive demonstration and promotion significance for future data center construction [2] - The explosion of AI computing power is driving an increase in the power capacity of individual data center cabinets, and the company's smart modular substations combined with GIL products can support high-voltage, large-capacity power supply for data centers, enhancing their electricity reliability [2] Group 2 - The company plans to actively promote the development of its data center-related business in the future, with specific updates to be provided in company announcements [2]

Group 1 - The stock price of Sanbian Technology closed at 13.45 yuan on August 12, down by 0.10 yuan, representing a decline of 0.74% from the previous trading day [1] - The trading volume on that day was 96,400 hands, with a transaction amount of 1.30 billion yuan, and the turnover rate was 3.68% [1] - Sanbian Technology's main business includes the research and manufacturing of transformers, reactors, and other power transmission and transformation equipment, which are widely used in power grid construction and renewable energy generation [1] Group 2 - The latest announcement indicates that Sanbian Technology has jointly established Kunyuantaitai (Shanxi) Investment Co., Ltd., with a registered capital of 10 million yuan [1] - The new company's business scope includes research and development of online energy monitoring technology and efficient energy-saving technology in the power industry [1]

经营活动产生的现金流量净额同比下降530.45%，主要原因系：公司增加原材料战略库存的支付，增加 了购买商品、接受劳务支付的现金支出，导致经营活动产生的现金流量净额同比下降。 智通财经APP讯，神马电力(603530.SH)披露2025年半年度报告，报告期公司实现营收7.04亿元，同比增 长27.74%;归属于上市公司股东的净利润1.6亿元，同比增长13.6%;扣非净利润1.58亿元，同比增长 14.50%;基本每股收益0.38元。 ...

Group 1 - The company, Shenma Electric Power (603530.SH), announced the adjustment of investment construction progress for certain fundraising projects during the 30th meeting of the fifth board of directors scheduled for August 12, 2025 [1] - The completion date for the "Expansion and Reconstruction Project of Composite External Insulation Products for Power Transmission and Transformation (Phase I)" has been postponed from August 2025 to December 31, 2025 [1] - The "Digital Factory Construction Project for Composite Crossarms in Distribution Network" has been concluded, and the remaining fundraising amount of 11.894 million yuan will be redirected to the "Expansion and Reconstruction Project of Composite External Insulation Products for Power Transmission and Transformation (Phase I)" [1]

Core Viewpoint - The company plans to adjust the investment construction progress of certain fundraising projects, specifically postponing the expected operational date of the "Composite External Insulation Product Expansion Project (Phase I)" from August 2025 to December 31, 2025, and will conclude the "Digital Factory Construction Project for Composite Crossarms" [1][2][13]. Fundraising Project Adjustments - The company will transfer the surplus fundraising amount of 11.894 million yuan (after deducting bank fees) to the "Composite External Insulation Product Expansion Project (Phase I)" [1][11]. - The total amount raised from the non-public offering in 2020 was approximately 424 million yuan, with a net amount of about 418 million yuan after deducting issuance costs [2][4]. Project Status and Financial Management - As of July 31, 2025, the "Composite External Insulation Product Expansion Project (Phase I)" has completed the process route verification and design, equipment selection, and partial equipment procurement and installation [8][9]. - The company has effectively managed idle fundraising by investing in financial products, generating additional income [11][12]. Board Decisions and Compliance - The adjustments were approved in the board meeting held on August 12, 2025, and do not require shareholder approval as they do not alter the project implementation entity, fundraising purposes, or investment scale [12][13]. - The sponsor, Huatai United Securities, has confirmed that the adjustments comply with relevant regulations and will not adversely affect the company's operations or shareholder interests [12][14].

Fundraising Overview - The company raised a total of RMB 423.9999 million through a private placement, with a net amount of RMB 418.2831 million after deducting underwriting and other expenses [1] - As of June 30, 2025, the remaining balance of the raised funds in special accounts is RMB 95.9892 million [1][2] Fund Usage - The company has strictly adhered to its fundraising management system, ensuring compliance with relevant regulations and no violations reported [1][2] - No idle funds were temporarily used to supplement working capital as of June 30, 2025 [2][3] Cash Management - The company approved the use of up to RMB 150 million of idle funds for cash management, with a total investment in principal-protected cash management projects amounting to RMB 361 million, yielding RMB 658,000 in returns [2][3] Project Investment Status - As of June 30, 2025, the total amount invested in fundraising projects is RMB 346.6428 million, with a total of RMB 110.1169 million invested in the current year [2][3] - The company has not experienced any changes in the use of funds for investment projects during the reporting period [2][3] Project Adjustments - The company has adjusted the expected completion dates for several projects, including extending the completion date for the "Transformer Equipment Sealing Component Production Expansion Project" to April 2025 [3][4] - The company has also approved the reallocation of surplus funds from completed projects to other fundraising projects [3][4]

华泰联合证券有限责任公司关于 江苏神马电力股份有限公司 调整部分募投项目投资建设进度暨部分募投项目结项并将 节余募集资金用于其他募投项目的核查意见 华泰联合证券有限责任公司（以下简称"华泰联合证券"或"保荐人"）作 为江苏神马电力股份有限公司（以下简称"神马电力"或"公司"）2020 年非公 开发行股票的保荐人，根据《证券发行上市保荐业务管理办法》《上市公司募集 资金监管规则》《上海证券交易所上市公司自律监管指引第 1 号——规范运作》 等相关法律法规和规范性文件的规定，对公司调整部分募投项目投资建设进度暨 部分募投项目结项并将节余募集资金用于其他募投项目进行了认真、审慎的核查， 并发表意见如下： 一、募集资金基本情况 经中国证券监督管理委员会《关于核准江苏神马电力股份有限公司非公开发 行股票的批复》（证监许可[2021]346 号），公司非公开发行 32,218,837 股，每 股发行价格为人民币 13.16 元，共计募集资金人民币 423,999,894.92 元，扣除相 关发行费用 5,716,837.75 元（不含税）后，非公开发行实际募集资金净额为人民 币 418,283,057.17 元。 上述募 ...

Core Viewpoint - The company reported a significant increase in revenue and net profit for the first half of the year, indicating strong operational performance despite a decline in cash flow from operating activities [1] Financial Performance - The company achieved operating revenue of 704 million yuan, representing a year-on-year growth of 27.74% [1] - The net profit attributable to shareholders was 160 million yuan, up from 141 million yuan in the same period last year, marking a year-on-year increase of 13.60% [1] - Basic earnings per share were reported at 0.38 yuan [1] Cash Flow Analysis - The net cash flow from operating activities decreased by 530.45% year-on-year, primarily due to increased payments for strategic inventory of raw materials and higher cash expenditures for purchasing goods and services [1]

神马电力公告，2025年上半年营业收入7.04亿元，同比增长27.74%。净利润1.6亿元，同比增长 13.60%。 ...