陕西宝光真空电器股份有限公司 简式权益变动报告书 上市公司名称：陕西宝光真空电器股份有限公司 股票上市地点：上海证券交易所 股票简称：宝光股份 股票代码：600379 信息披露义务人：陕西宝光集团有限公司 住所： 陕西省宝鸡市渭滨区宝光路 53 号 通讯地址： 陕西省宝鸡市渭滨区宝光路 53 号 权益变动性质：持股数量减少（国有股权无偿划转） 签署日期：二〇二五年五月 信息披露义务人声明 一、信息披露义务人依据《中华人民共和国公司法》《中华人民共和国证券 法》、《上市公司收购管理办法》《公开发行证券的公司信息披露内容与格式准 则第15号——权益变动报告书》等相关法律、法规和规范性文件编写本权益变动 报告书。 二、信息披露义务人签署本报告书已获得必要的授权和批准，其履行亦不违 反信息披露义务人公司章程或内部规则中的任何条款，或与之相冲突。 三、依据《中华人民共和国证券法》《上市公司收购管理办法》的规定，本 报告书已全面披露信息披露义务人在陕西宝光真空电器股份有限公司中拥有权 益的股份变动情况。 四、截至本报告书签署日，除本报告书披露的信息外，信息披露义务人没有 通过任何其他方式增加或减少其在陕西宝光真空电器股份 ...

李永刚总结说，清洁电器在颜值、越障能力、活水洗、多地面自适应清洁等方面有亮点，但干污渍清 洁、宠物友好清洁、复杂场景避障、续航能力、操控舒适性、噪音和配件耐用性等方面存在不足。AI 升级应用和多功能集成化将是清洁电器未来发展的关键方向。 德国莱茵TUV区域总经理李永刚揭晓了清洁电器评测结果。此次测评选取了市场主流的扫地机器人、 手持式洗地机和吸尘器三大品类的头部品牌旗舰产品。扫地机器人在颗粒物清洁和低矮空间清洁方面表 现较好，但顽固污渍清洁能力有待提升；洗地机整体性能提升明显，不过顽固污渍清洁效果仍需优化； 吸尘器吸入功率差异较大，基站集尘表现良好。 奥维云网总裁郭梅德在发布《2025年全球清洁电器产业洞察趋势》时表示，清洁电器行业发展前景广 阔，在出海方面成绩斐然，虽整体体量不及冰箱、空调等，但出海速度和全球布局表现出色。从市场区 域来看，亚太地区增速最快，而欧美市场成熟且体量大，中国清洁电器企业在全球市场的占有率逐步提 升。在国内市场，清洁电器受国家补贴等政策影响，在2024年实现高速增长，渗透率持续提高，2025年 市场规模有望突破500亿。 "2025年清洁电器行业预计将保持15%左右的增速，远超行业 ...

长城基金廖瀚博认为，目前资本市场进入了国家层面非常重视的阶段，政策在持续出台给予呵护，这是 对资本市场的极大利好。落到投资上，在新质生产力发展的过程中，可积极关注由需求增长驱动的投资 机会，比如AI、人形机器人等细分领域。 廖瀚博在投资领域耕耘多年，具备卖方和买方研究双重背景，研究覆盖了汽车、电器、新能源、交运等 多个行业，积累了扎实的投研能力，并通过自我进化、能力拓圈，形成了"泛制造+核心消费+核心科 技"能力圈。 "我不会刻意追逐市场热点，而是在市场关注度较低的领域中挖掘有变化、有成长性且被低估被忽略的 品种，在深入研究后买入持有，耐心等待成长的兑现和估值的回归。"廖瀚博介绍。 回顾2025年一季度，A股市场震荡上行，科技板块和制造板块涨幅领先，其中代表性板块是人形机器人 和国产算力。DeepSeek的出现使大模型平权成为可能，国内云厂商加大资本开支，带动国产算力，特 别是AIDC相关产业的景气提升。海外某车企宣布2025年开始量产人形机器人，国内机器人厂商开始崭 露头角，机器人产业真正进入发展的元年。 展望后市，廖瀚博表示，将重点关注两大方向：一是潜在需求增长的细分领域，关注行业卡位较好、竞 争壁垒较高 ...

Economic Growth and Industrial Performance - In April, China's industrial added value above designated size grew by 6.1% year-on-year, marking a relatively fast growth rate for 2024 [1] - The service production index increased by 6% year-on-year, with information and business services showing stable growth, outpacing the overall service sector [1] Domestic Demand and Consumption - Social retail sales of consumer goods rose by 5.1% year-on-year in April, driven by the effects of the old-for-new consumption policy, which contributed 1.4 percentage points to the total growth [2] - Fixed asset investment grew by 4% year-on-year from January to April, with equipment and tool purchases increasing by 18.2%, contributing 64.5% to the overall investment growth [2] High-tech Manufacturing and New Production Capacity - The added value of high-tech manufacturing above designated size increased by 10% year-on-year, outpacing the overall industrial growth by 3.9 percentage points [4] - Key sectors such as aerospace equipment manufacturing and integrated circuit manufacturing saw significant growth, with increases of 21.4% and 21.3% respectively [4] Digital and Green Transformation - The added value of digital product manufacturing grew by 10% in April, with smart device manufacturing and electronic components experiencing accelerated growth [6] - New energy vehicles and lithium-ion batteries for vehicles showed remarkable production increases of 38.9% and 61.8% respectively [6] Consumer Market Trends - The retail sales of household appliances and audio-visual equipment surged by 38.8%, while furniture and communication equipment also saw significant growth [10] - Online retail sales of physical goods increased by 5.8% year-on-year, reflecting a growing trend in e-commerce [10] Policy Impact on Consumption - The implementation of the old-for-new consumption policy and improvements in the consumption environment have significantly boosted the consumer market [12] - The demand for green and upgraded consumption continues to rise, contributing to the stability and recovery of the consumer market [12]

Group 1 - Industrial production has seen rapid growth, with the added value of equipment manufacturing and high-tech manufacturing increasing by around 10%. The production of 3D printing equipment and industrial robots has surged by over 50%. This growth is attributed to macro policy measures that have accelerated industrial upgrades, leading to enhanced production efficiency and quality [1][3] Group 2 - Market sales are on the rise, driven by the effectiveness of the "old-for-new" consumption policy. Retail sales in categories such as home appliances, cultural and office supplies, and furniture are experiencing high growth. Various local departments are implementing special actions to boost consumption, enriching consumption scenarios and continuously releasing consumption potential [4][6] Group 3 - Foreign trade has shown resilience, with total goods import and export volume increasing by 2.4% year-on-year from January to April 2025, accelerating by 1.1 percentage points compared to the first quarter. This growth is notable against the backdrop of rising unilateralism and protectionism, supported by China's strong manufacturing capabilities and the proactive response of foreign trade enterprises through market diversification strategies [8][10] Group 4 - Investment is steadily expanding, with high-tech industry investments leading the way. Investments in information services and computer and office equipment manufacturing are in a high growth phase, indicating optimistic market expectations and strong demand for industrial upgrades, reflecting the trend of China's economic transition towards innovation-driven growth [10][12]

Economic Performance - In April, China's economy demonstrated significant resilience amid complex conditions, with major economic indicators showing stable and rapid growth [1] - The industrial added value for large-scale enterprises increased by 6.1% year-on-year and 0.22% month-on-month, marking a notable performance in monthly data since last year [1] - The service production index grew by 6.0% year-on-year, reaching the second-highest monthly growth rate this year [1] Domestic Demand - Positive changes were observed in domestic demand, with substantial sales growth in products related to the "old for new" consumption initiative, significantly supporting retail sales [1] - Retail sales of household appliances and audio-visual equipment surged by 38.8% year-on-year, continuing to accelerate this year [1] - Retail sales for cultural office supplies, furniture, and communication equipment increased by 33.5%, 26.9%, and 19.9% year-on-year, respectively, all exceeding the overall retail growth rate [1] Investment Trends - The effects of "two heavy" and "two new" policies are becoming increasingly evident, with investment in equipment and tools rising by 18.2% year-on-year from January to April, contributing 64.5% to total investment growth [1] - Investment in consumer goods manufacturing and equipment manufacturing grew by 13.4% and 8.2% year-on-year, reflecting the impact of industrial upgrading [1] Foreign Trade - China's foreign trade showed strong resilience, with total goods import and export value increasing by 2.4% year-on-year from January to April, accelerating by 1.1 percentage points compared to the first quarter [2] - Private enterprises' imports and exports rose by 6.8% year-on-year, outperforming the overall foreign trade situation [2] - Exports of electromechanical products grew by 9.5% year-on-year, indicating a positive trend [2] High-Tech Manufacturing - The added value of high-tech manufacturing above designated size increased by 10% year-on-year in April, with aerospace equipment manufacturing and integrated circuit manufacturing growing by 21.4% and 21.3%, respectively [2] - The added value of digital product manufacturing also achieved a 10% year-on-year increase [2] - Production of new energy products, such as electric vehicles and charging piles, rose by 38.9% and 43.1%, respectively, reflecting the deepening of green and low-carbon transformation [2] Real Estate Market - In April, housing prices in 70 large and medium-sized cities remained generally stable, with the year-on-year decline in first, second, and third-tier cities continuing to narrow [2] - The real estate market's transactions and prices are stabilizing, moving towards a recovery phase [2] Economic Resilience Factors - China's economic resilience is attributed to a stable economic foundation, numerous advantages, strong resilience, and significant potential [3] - The large-scale market, accelerated restructuring of the entire industrial chain, and continuous empowerment of new production factors provide systematic support for economic development [3] - Recent policy measures, including interest rate cuts and the establishment of new policy financial tools, aim to support technological innovation and expand consumption [3]

【环球时报驻韩国特派记者 莽九晨】在韩国开发研究院大幅下调韩国年经济增速预期至0.8%后，18 日，韩国媒体接连报道多项经济数据，反映出韩国资本流动失衡、企业经营状况呈现"马太效应"以及制 造业下行等复杂问题。 据韩联社18日报道，韩国吸引外资规模在去年全球经济规模前30的国家中排名第17位，仅一年时间就下 降了4位。据韩国银行（央行）18日向国会提交的资料显示，去年外国人在韩国国内的投资规模为 371.84亿美元，比前一年骤减33.8%。而与之相反，韩国国民和企业的海外投资规模排在第10位，排名 上升3位。有分析认为，这种资本进出不均衡成为结构性趋势，会降低国内经济活力，削弱产业增长基 础。 韩国银行近日公布的数据显示，今年一季度实际GDP环比下滑0.2%，出现负增长。其中，制造业产出 减少0.8%，主要集中在化学品、机械设备等领域。 《亚洲日报》18日报道称，韩国统计厅与国家统计门户网站18日发布的数据显示，今年1月至4月，韩国 制造业月均就业人数为439.5万人，仅占全部就业人口的15.5%。这一比例为韩国自2013年实施第十版 《韩国标准产业分类》以来的最低值。 报道称，受新冠疫情等因素影响，韩国制造 ...

过去的识变应变、主动求变为今天的闯关夺隘打下基础，当下的察势驭势、统筹兼顾也将成为未来我们 掌握主动、占据先机的底气 既要立足于"近"，为当下谋，更要着眼于"远"，为长远计。这需要坚持系统观念、树立长远眼光。 早在2023年，国务院办公厅就印发了《关于加快内外贸一体化发展的若干措施》，旨在帮助企业"两条 腿"走路，让企业可以根据市场形势变化在国内国际两个市场间顺滑切换。包括内外贸一体化在内的很 多举措，不只是应对风浪的"见招拆招"，更是实现更高质量发展的提前布局和长远之策。 山东自贸试验区青岛片区出台"促外贸九条"助力企业稳岗、扩大就业，既着眼解决当前的现实困难，更 注重培育企业面向未来的核心竞争力；广东东莞发布工作方案，强调在防范外贸风险的同时深化改革与 开放，借助国内国际双循环提升外贸发展动能；重庆组织本地企业开展国际先进标准对标达标活动，推 动内外贸规则制度衔接融合…… "远近结合"，方为上策。过去的识变应变、主动求变为今天的闯关夺隘打下基础，当下的察势驭势、统 筹兼顾也将成为未来我们掌握主动、占据先机的底气。 全球贸易形势风云变幻、不确定性增多，如何"稳企业"？ 先看外贸"重镇"广东东莞在第137届广 ...

Economic Performance - In April, China's economy effectively responded to external shocks, maintaining stable growth and showing a positive trend, supported by a solid economic foundation and coordinated macro policies [1] - The total retail sales of consumer goods in April increased by 5.1% year-on-year, driven by the effects of the consumption upgrade policy [2] - Fixed asset investment grew by 4.0% from January to April, with significant contributions from equipment investment, which rose by 18.2% [2] Investment Trends - High-tech service industry investment grew by 11.3% from January to April, with professional technical services and information services increasing by 17.6% and 40.6%, respectively [3] - Manufacturing investment saw a year-on-year increase of 8.8% from January to April, outpacing overall investment growth [2][3] - Infrastructure investment also showed steady growth, with a 5.8% increase year-on-year from January to April [2] Supply Side Developments - The industrial production index for large-scale industries increased by 6.1% year-on-year in April, with over 80% of the 41 major industries experiencing growth [4] - High-tech manufacturing value added grew by 10% in April, significantly faster than the overall industrial growth rate [4] - The production of new energy vehicles surged by 38.9% in April, indicating a strong trend towards smart and green transformation in the industry [4] Foreign Trade Dynamics - China's total goods import and export value increased by 2.4% from January to April, with exports growing by 9.3% in April [7] - The diversification of foreign trade has shown positive results, with imports and exports to ASEAN countries increasing by 9.2% year-on-year [7] - Private enterprises' import and export activities grew by 6.8% from January to April, outperforming the overall foreign trade situation [7] Overall Economic Outlook - The Chinese economy demonstrates strong resilience and international competitiveness, with a solid foundation and effective policies supporting its growth [8][9] - The focus on expanding domestic demand and optimizing supply is expected to maintain a stable and progressive economic trajectory [8]

从国内需求看，消费品以旧换新相关商品销售大幅增长，对社会消费品零售总额的增长和支撑作用比较 明显。其中，限额以上单位家用电器和音像器材类商品零售额同比增长38.8%，今年以来持续提速增 长。投资方面，"两重""两新"政策效应持续显现，投资规模持续扩大。在大规模设备更新接续推动带动 下，1～4月份设备工器具购置投资同比增长18.2%，对全部投资增长的贡献率达64.5%。 此前公布的外贸进出口数据则表明，尽管国际环境急剧变化，外部冲击影响加大，我国仍在加大外贸多 元化发展，积极开拓与共建"一带一路"国家贸易，推动外贸保持平稳增长。1～4月份，我国货物进出口 总额同比增长2.4%，比一季度加快1.1个百分点。 北京师范大学教授万喆对记者表示，4月份，我国经济在复杂的国际环境中，尤其是在关税战持续升级 的背景下，部分核心经济指标呈现稳中有进的运行态势，展现了经济韧性。同时，已经公布的4月份数 据还体现了我国经济在挑战中持续培育新的动能。 国家统计局数据显示，4月份，规模以上高技术制造业增加值同比增长10%，其中，航空航天相关设备 制造、集成电路制造增加值分别增长21.4%和21.3%。同期，规模以上数字产品制造业增加 ...