证券代码： 300693 证券简称：盛弘股份 深圳市盛弘电气股份有限公司投资者关系活动记录表 | 投资者关系活动 □ | 特定对象调研 □ 分析师会议 | | --- | --- | | 类别 □ | 媒体采访 √ 业绩说明会 | | □ | 新闻发布会 路演活动 □ | | □ | 现场参观 | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称及 | 投资者网上提问 | | 人员姓名 | | | 时间 | 2025 年 11 月 20 日 (周四) 下午 14:30~17:00 | | 地点 | 公司通过全景网"投资者关系互动平台"（https://ir.p5w.net） | | | 采用网络远程的方式召开业绩说明会 | | 上市公司接待人 | 1、董事长、总经理方兴 | | 员姓名 | 2、董事、副总经理、财务总监杨柳 | | | 3、董事会秘书胡天舜 | | | 1、多位领导减持股份，那么不看好自己公司的发展吗？ | | | 答：尊敬的投资者，您好！感谢您对公司的关注。近期公 | | | 司部分高管委托公司发布了减持预披露公告，其减持行为均严格 | | | 遵守了相关法律法规的规定，并 ...

（文章来源：证券日报） 证券日报网讯优优绿能11月10日在互动平台回答投资者提问时表示，公司始终专注于新能源汽车补能设 备的核心部件——充电模块的研发和销售。随着行业生态的丰富与完善，下游已分化出多元应用场景。 针对客户需求的持续变化，公司不仅为客户提供单一部件产品，还通过"核心部件产品+解决方案"的模 式为行业持续赋能，向客户提供更全面的服务。未来，公司也将继续精研技术，强化产品优势。 ...

Core Insights - The Ministry of Industry and Information Technology of China has officially announced the ninth batch of manufacturing single champion enterprises, with Shenzhen Infineon Technology Co., Ltd. being recognized for its technological and market advantages in the electric vehicle charging module sector [1][3] Company Overview - Infineon has established a product ecosystem centered around charging modules, gradually expanding to include charging systems and energy storage solutions [1] - The company has delivered over 4.2 million charging modules globally, serving more than 3,500 customers across over 100 countries and regions [1] - Infineon's high-performance 40kW module holds over 40% market share in its power segment within the domestic market [1] Competitive Advantages - The core competitiveness of Infineon lies in its technological leadership, having entered the V2G (Vehicle-to-Grid) market in 2015 and achieving mass application of V2G modules by 2018, leading in market share within the domestic power grid system [3] - Infineon is one of the early adopters in promoting energy conversion modules based on all-SiC (Silicon Carbide) devices, recognized for high performance and reliability [3] Recent Developments - At a recent international energy storage exhibition, Infineon showcased its unique large-area three-dimensional liquid cooling technology, which effectively controls temperature differences in battery cells, enhancing system charge and discharge efficiency and safety [3] - In the construction of Shenzhen as a "supercharging city," charging equipment equipped with Infineon modules significantly supports the development of the city's new energy infrastructure network [3] Future Prospects - Infineon is actively expanding into a broader system ecosystem, with its China headquarters project expected to be completed by Q4 2025, enhancing its R&D and manufacturing capabilities [3] - The company's energy storage business is projected to double its revenue in 2024, with innovative products like the "Blue Ozean" integrated liquid cooling energy storage system showing promising growth [3] - Infineon is also exploring new models for participating in electricity market transactions through V2G [3] - The company aims to continue driving high-quality industry development through technology [3]

Group 1 - The core viewpoint of the news is that Youyou Green Energy has seen a significant increase in its stock price, reflecting positive market sentiment towards the company [1] - As of November 5, Youyou Green Energy's stock price rose by 5.01% to 188.33 CNY per share, with a trading volume of 149 million CNY and a turnover rate of 9.98%, resulting in a total market capitalization of 7.91 billion CNY [1] - The company, established on August 20, 2015, specializes in the research, production, and sales of core components for direct current charging equipment for new energy vehicles, with 96.15% of its revenue coming from charging modules [1] Group 2 - From the perspective of major fund holdings, a fund under Southern Fund has heavily invested in Youyou Green Energy, with the Southern CSI Robot ETF holding 73 shares, accounting for 0.0008% of the circulating shares, ranking as the fifth-largest holding [2] - The Southern CSI Robot ETF has achieved a year-to-date return of 27.83%, ranking 1844 out of 4216 in its category, and a one-year return of 34.47%, ranking 1181 out of 3901 [2] - The fund manager, Pan Shuiyang, has been in position for 1 year and 244 days, with the fund's total asset size at 7.83 billion CNY and a best return of 85.95% during his tenure [2]

Group 1 - The core viewpoint of the news is that Youyou Green Energy's stock has increased by 5.01%, reaching a price of 188.33 CNY per share, with a total market capitalization of 7.91 billion CNY [1] - Youyou Green Energy, established on August 20, 2015, is a national high-tech enterprise specializing in the research, production, and sales of core components for DC charging equipment for new energy vehicles, with 96.15% of its revenue coming from charging modules [1] - The company reported a trading volume of 1.50 million CNY and a turnover rate of 9.99% [1] Group 2 - According to data, a fund under Caitong Securities Asset Management has entered the top ten circulating shareholders of Youyou Green Energy, holding 115,200 shares, which accounts for 1.41% of the circulating shares [2] - The Caitong Asset Management Advanced Manufacturing Mixed Fund A (021985) has achieved a year-to-date return of 76.59%, ranking 197 out of 8,150 in its category [2] - The fund has a total asset size of 194 million CNY and has generated a floating profit of approximately 1.036 million CNY from its investment in Youyou Green Energy [2] Group 3 - The fund manager of Caitong Asset Management Advanced Manufacturing Mixed Fund A is Xu Jingze, who has been in the position for 1 year and 22 days [3] - During Xu's tenure, the fund has achieved a best return of 77.47% and a worst return of 76.73% [3] - The total asset size of the fund is currently 1.379 billion CNY [3]

Core Viewpoint - On October 28, Youyou Green Energy experienced a decline of 2.98% in stock price, with a trading volume of 132 million yuan, indicating market volatility and investor sentiment towards the company [1]. Financing Summary - On the same day, Youyou Green Energy recorded a financing purchase amount of 16.2951 million yuan, with a net financing purchase of 1.1227 million yuan after repayments [1][2]. - The current financing balance stands at 117 million yuan, representing 7.43% of the circulating market value [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 main business revenue composition is 96.15% from charging modules and 3.85% from other sources [2]. Financial Performance - For the period from January to September 2025, Youyou Green Energy reported an operating income of 1.008 billion yuan, reflecting a year-on-year decrease of 5.09%. The net profit attributable to shareholders was 124 million yuan, down 36.18% year-on-year [2]. Shareholder Information - As of September 30, 2025, the number of shareholders for Youyou Green Energy was 11,400, a decrease of 16.19% from the previous period. The average number of circulating shares per person increased by 19.31% to 718 shares [2]. - The company has distributed a total of 50.4 million yuan in dividends since its A-share listing [3]. Institutional Holdings - As of September 30, 2025, notable new institutional shareholders include Hong Kong Central Clearing Limited, holding 327,000 shares, and several other funds entering the top ten circulating shareholders list [3].

Core Viewpoint - Youyou Green Energy's stock has shown significant performance with a year-to-date increase of 33.32%, reflecting strong market interest and activity in the electric vehicle charging sector [1][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. It is recognized as a national high-tech enterprise [1]. - The company's main business revenue composition is 96.15% from charging modules and 3.85% from other sources [1]. Financial Performance - For the first half of 2025, Youyou Green Energy reported an operating income of 723 million yuan, representing a year-on-year growth of 0.11%. However, the net profit attributable to shareholders decreased by 24.78% to 105 million yuan [2]. - Since its A-share listing, the company has distributed a total of 50.4 million yuan in dividends [3]. Stock Market Activity - As of October 27, Youyou Green Energy's stock price was 199.85 yuan per share, with a trading volume of 1.08 billion yuan and a turnover rate of 6.73%. The total market capitalization stood at 8.394 billion yuan [1]. - The stock has appeared on the "Dragon and Tiger List" four times this year, with the most recent instance on September 8, where it recorded a net purchase of 13.773 million yuan [1]. Shareholder Information - As of June 30, 2025, Youyou Green Energy had 13,500 shareholders, a decrease of 3.26% from the previous period. The average number of circulating shares per shareholder increased by 3.37% to 602 shares [2]. - Among the top ten circulating shareholders, Huatai-PineBridge Environmental Industry Stock (000696) is the newest addition, holding 53,300 shares [3].

Core Viewpoint - The company, Teruid (300001.SZ), has confirmed that all its charging modules are self-developed, with the primary module used in new charging stations being a 40KW module. The cost proportion of the charging module varies significantly depending on different charging solutions [1]. Group 1 - The charging modules are entirely self-developed by the company [1]. - The main charging module used in new charging stations is a 40KW module [1]. - The cost proportion of the charging module varies greatly based on different charging solutions [1].

Core Viewpoint - The National Energy Administration reported that as of September 2025, the total number of electric vehicle charging facilities in China reached 18.063 million, representing a year-on-year growth of 54.5% [1] Group 1: Market Trends - The charging pile market is shifting from a focus on speed and scale to a new phase of high-quality development [1] - The trend towards high power charging is leading to upgrades in core components and complete charging equipment [1] Group 2: Technological Advancements - High power charging requires a combination of high voltage and large current, significantly increasing the technical requirements for charging piles and their core components [1] - The demand for higher voltage necessitates the use of silicon carbide power devices to replace traditional IGBTs, which can provide high power density, high conversion efficiency, and high reliability [1] Group 3: Policy and Investment Opportunities - Recent industry policies indicate a focus on the construction of high-power charging facilities, suggesting that the industry is transitioning towards high-quality development [1] - Under policy guidance, domestic charging infrastructure is expected to enter a new accelerated construction cycle, with a significant increase in demand for high-power fast charging equipment [1] - Related charging pile equipment companies are likely to benefit from these trends, presenting investment opportunities [1]

Core Insights - The National Development and Reform Commission and five other departments issued the "Three-Year Doubling Action Plan for Electric Vehicle Charging Facility Service Capacity (2025-2027)" on October 15, aiming to establish 28 million charging facilities nationwide by the end of 2027, providing over 300 million kilowatts of public charging capacity to meet the charging needs of over 80 million electric vehicles, achieving a doubling of charging service capacity [1][2]. Summary by Sections Action Plan Goals - By the end of 2027, the plan sets specific growth targets for urban, highway, and rural charging networks, including: - Adding 1.6 million DC charging guns in cities, including 100,000 high-power charging guns [3]. - Constructing or renovating 40,000 "super-fast combined" charging guns (60 kW and above) in highway service areas [3]. - Adding at least 14,000 DC charging guns in rural areas where public charging stations have not yet been built [3]. - Establishing 1,000 pilot communities for the "unified construction and service" model to enhance private charging pile access and safety management [3]. - Expanding the scale of vehicle-to-grid (V2G) facilities with over 5,000 new installations and a reverse discharge volume exceeding 20 million kilowatt-hours [3]. Current Infrastructure Status - As of August 2025, China had a total of 17.348 million electric vehicle charging facilities, a year-on-year increase of 53.5%. This includes 4.316 million public charging facilities (up 37.8%) and 13.032 million private charging facilities (up 59.6%) [4]. - In the first eight months of 2025, 4.53 million new charging facilities were added, representing an 88.5% year-on-year increase, with public facilities increasing by 737,000 (up 37.2%) and private facilities by 3.793 million (up 103.3%) [4]. Investment Recommendations - The implementation of the charging facility service capacity plan is expected to lead to a new wave of investment in charging stations, benefiting various segments of the industry: - Charging Stations: Recommended companies include Terui De and Green Energy Huichong; beneficiaries include Shenghong Co. and Zhida Technology [6]. - Charging Modules: Recommended company is Tonghe Technology; beneficiaries include Youyou Green Energy and Yingkerui [6]. - Charging Guns and Cables: Beneficiaries include Yonggui Electric and Xinhongye [6]. - Charging Operations and Aggregation: Recommended company is Terui De; beneficiary is Langxin Group [6].