9月26日，麦格米特跌5.17%，截至发稿，报77.22元/股，成交8.04亿元，换手率2.24%，总市值422.93亿 元。 华夏策略混合（002031）成立日期2008年10月23日，最新规模4.97亿。今年以来收益5.47%，同类排名 6621/8171；近一年收益24.59%，同类排名5298/8004；成立以来收益588.96%。 华夏策略混合（002031）基金经理为陈伟彦。 截至发稿，陈伟彦累计任职时间9年315天，现任基金资产总规模4.97亿元，任职期间最佳基金回报 44.15%， 任职期间最差基金回报-32.92%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 资料显示，深圳麦格米特电气股份有限公司位于广东省深圳市南山区学府路63号高新区联合总部大厦34 层，成立日期2003年7月29日，上市日期2017年3月6日，公司主营业务涉及智能家电电控产品、工业电 源和工业自动化产品的研发、生产、销售。主营业务收入构成为：智能家电电控产品 ...

证券日报网讯麦格米特（002851）9月16日在互动平台回答投资者提问时表示，公司目前业务及产品主 要包括智能家电电控产品、电源产品、新能源及轨道交通部件、工业自动化、智能装备、精密连接六大 类，公司所提供的电力电子部件与系统解决方案产品在众多行业及领域皆可应用，公司会积极跟进未来 行业的发展动向，不断优化调整业务布局与战略，持续为国内外各行业大客户提供电力电子部件与系统 ODM/JDM服务。公司目前有适配工业焊接机器人的数字化焊接电源相关产品。 ...

Core Viewpoint - The company, Magmi Tech (002851.SZ), is actively engaged in various sectors, providing power electronic components and system solutions across multiple industries, while continuously optimizing its business strategy to meet future industry trends [1] Group 1: Business and Product Overview - The company's main business and product categories include smart home appliance control products, power products, new energy and rail transportation components, industrial automation, intelligent equipment, and precision connections [1] - The company offers ODM/JDM services for power electronic components and systems to major domestic and international clients [1] Group 2: Industry Engagement - The company is committed to following industry development trends and adjusting its business layout and strategy accordingly [1] - The company currently has products related to digital welding power supplies that are compatible with industrial welding robots [1]

9月15日，麦格米特涨5.62%，截至发稿，报88.00元/股，成交34.26亿元，换手率9.03%，总市值481.97 亿元。麦格米特股价已经连续3天上涨，区间累计涨幅16.27%。 资料显示，深圳麦格米特电气股份有限公司位于广东省深圳市南山区学府路63号高新区联合总部大厦34 层，成立日期2003年7月29日，上市日期2017年3月6日，公司主营业务涉及智能家电电控产品、工业电 源和工业自动化产品的研发、生产、销售。主营业务收入构成为：智能家电电控产品45.92%，电源产 品24.77%，新能源及轨道交通部件10.87%，工业自动化8.32%，智能装备5.09%，精密连接4.37%，其他 (补充)0.66%。 从基金十大重仓股角度 数据显示，国泰基金旗下1只基金重仓麦格米特。国泰中证全指家用电器ETF（159996）二季度减持 30.43万股，持有股数73.12万股，占基金净值比例为3.01%，位居第七大重仓股。根据测算，今日浮盈 赚取约342.21万元。连续3天上涨期间浮盈赚取852.59万元。 国泰中证全指家用电器ETF（159996）成立日期2020年2月27日，最新规模12.2亿。今年以来收益 1 ...

Group 1 - The core point of the news is that MagmiTech's stock price dropped by 5.07% to 74.40 CNY per share, with a trading volume of 2.03 billion CNY and a turnover rate of 5.71%, resulting in a total market capitalization of 40.748 billion CNY [1] - MagmiTech, established on July 29, 2003, and listed on March 6, 2017, is based in Shenzhen, Guangdong Province, and specializes in the research, production, and sales of smart home appliance control products, industrial power supplies, and industrial automation products [1] - The revenue composition of MagmiTech's main business includes: smart home appliance control products (45.92%), power products (24.77%), new energy and rail transit components (10.87%), industrial automation (8.32%), smart equipment (5.09%), precision connections (4.37%), and others (0.66%) [1] Group 2 - Among MagmiTech's top ten circulating shareholders, a fund under Southern Fund, the Southern CSI 500 ETF (510500), entered the top ten in the second quarter, holding 6.4748 million shares, accounting for 1.42% of the circulating shares, with an estimated floating loss of approximately 25.7048 million CNY [2] - The Southern CSI 500 ETF (510500) was established on February 6, 2013, with a latest scale of 113.438 billion CNY, achieving a year-to-date return of 21.5% (ranking 1944 out of 4222) and a one-year return of 51.34% (ranking 1597 out of 3789) [2] - The fund manager of Southern CSI 500 ETF is Luo Wenjie, who has a cumulative tenure of 12 years and 139 days, with the fund's total asset scale at 138.999 billion CNY, achieving the best return of 141.73% and the worst return of -47.6% during his tenure [3]

Group 1 - The core point of the news is that MagmiTech's stock price has dropped by 5.13%, currently trading at 85.20 CNY per share, with a total market capitalization of 46.663 billion CNY [1] - MagmiTech, established on July 29, 2003, and listed on March 6, 2017, specializes in the research, production, and sales of smart home appliance control products, industrial power supplies, and industrial automation products [1] - The revenue composition of MagmiTech includes: smart home appliance control products (45.92%), power products (24.77%), new energy and rail transit components (10.87%), industrial automation (8.32%), smart equipment (5.09%), precision connections (4.37%), and others (0.66%) [1] Group 2 - From the perspective of major fund holdings, one fund under Harvest Fund has a significant position in MagmiTech, with a reduction of 1,000 shares in the second quarter, holding a total of 10,900 shares, which accounts for 2.88% of the fund's net value [2] - The Harvest CSI All-Share Home Appliance Index Fund A (018564) was established on June 1, 2023, with a latest scale of 13.2164 million CNY, and has achieved a return of 12.09% this year [2] - The fund manager, Liu Jiayin, has been in position for 9 years and 165 days, with the fund's total asset scale at 202.606 billion CNY, achieving a best return of 179.64% and a worst return of -31.37% during the tenure [3]

Core Viewpoint - Shenzhen Magmi Electric Co., Ltd. is undergoing a stock issuance review process, addressing financial inquiries and providing detailed explanations regarding its revenue growth, profit fluctuations, and operational cash flow discrepancies. Financial Performance - The company's reported revenues for the reporting periods were 5.48 billion, 6.25 billion, 4.59 billion, and 1.15 billion yuan, with a net profit of 479.39 million, 625.11 million, 458.69 million, and 115.03 million yuan, showing a year-on-year decline of 18.39% in the most recent period [1][2] - The non-recurring net profit attributable to the parent company was 255.72 million, 355.50 million, and 227.70 million yuan, indicating a lack of growth in net profit despite revenue increases [1][2] - The gross profit margins for main business segments were 23.57%, 24.54%, 25.07%, and 22.77%, with margins for smart home appliances, new energy vehicles, and intelligent equipment being higher than comparable companies [1][2] Cash Flow and Working Capital - The net cash flow from operating activities was -20.74 million, 309.93 million, 137.69 million, and 326.15 million yuan, highlighting discrepancies with net profit due to increased raw material purchases and slow customer payments [1][2] - The company’s accounts receivable increased, indicating potential cash flow challenges [1][2] Sales and Market Position - The company’s export revenues were 1.69 billion, 1.94 billion, and 1.83 billion yuan, reflecting a strong international market presence [1] - The company has established long-term partnerships with major clients across various sectors, including smart appliances and industrial automation, enhancing its market position [5][11] Industry Context and Policy Support - The company operates in key growth areas such as new energy, smart grid, and industrial automation, supported by favorable government policies aimed at promoting technological advancements and green manufacturing [11][12] - Recent government initiatives encourage the adoption of electric automation technologies, providing a conducive macroeconomic environment for the company [11][12] Product Development and Innovation - The company has developed a diverse range of products in smart appliances, power supplies, and industrial automation, leveraging its technological capabilities to meet market demands [7][8][9] - The company’s products have gained recognition from major global players, indicating its competitive edge in technology and market reach [6][7]

Core Viewpoint - Shenzhen Megmeet Electrical Co., Ltd. is responding to the inquiry letter regarding its application for a specific stock issuance, highlighting its revenue growth despite a decline in net profit and non-recurring net profit, and addressing various operational and financial aspects [1][4]. Financial Performance - The company's revenue for the reporting periods was 5,477.76 million, with net profits of 479.39 million, 625.11 million, 458.69 million, and 115.03 million, showing a year-on-year decline of 18.39% in the most recent period [1]. - The non-recurring net profits were 255.72 million, 355.50 million, and 227.70 million, indicating a discrepancy between cash flow from operating activities and net profit due to increased inventory and slow customer payments [1][2]. Sales and Market Position - The company achieved external sales revenues of 1,694.89 million, 1,944.08 million, and 2,000 million, with a significant increase in inventory and ongoing construction projects [2]. - Megmeet ranked 7th in the global power supply vendor list and 3rd in the OEM/embedded power global sales for 2024, indicating enhanced international competitiveness [7]. Product Segments - In the smart home appliance control products sector, the company provides comprehensive system innovation and R&D services, establishing long-term partnerships with leading brands [8]. - The power products segment benefits from three core technology platforms, allowing the company to compete effectively in the global market [8]. - The company has developed a strong presence in the new energy vehicle and rail transit sectors, with products recognized by major clients [9]. - In industrial automation, the company competes with international firms, leveraging local supply chains and rapid service capabilities [10]. - The precision connection products segment enhances the company's vertical integration and service offerings [11]. Client Relationships - The company maintains stable relationships with its top five clients, which account for a significant portion of its revenue, indicating a diversified client base [12]. Industry Environment - The electrical automation industry is supported by government policies promoting high-efficiency, green, and intelligent manufacturing, providing a favorable macro market environment [12][13].

Core Viewpoint - The document provides a supplementary legal opinion regarding Shenzhen Magmi Electric Co., Ltd.'s application for a specific stock issuance, highlighting the company's financial performance, legal compliance, and the rationale behind its business operations and related transactions [1][2][3]. Financial Performance - The company's operating income for the reporting periods was 5,477.76 million yuan, with net profits of 479.39 million yuan, 625.11 million yuan, 458.69 million yuan, and 115.03 million yuan, showing a year-on-year decline of 18.39% in the most recent period [3]. - The company's main business gross profit margins were 23.57%, 24.54%, 25.07%, and 22.77%, indicating a competitive position in the smart home appliance and new energy vehicle sectors [3][4]. Cash Flow and Working Capital - The net cash flow from operating activities was negative in the reporting periods, attributed to increased cash payments for raw materials and slow customer payments, leading to a rise in accounts receivable [3][4]. - The company reported a significant increase in inventory, with a provision for inventory impairment of 86.45 million yuan, primarily due to an increase in outsourced processing scale [4][5]. Related Party Transactions - The company engaged in related party transactions with 14 entities, with significant transactions involving Anhui Magmi Electric, Xiamen Rongji, and Chongqing Senyate, which were deemed necessary and reasonable for business operations [13][20]. - The total amount of related party purchases and sales was relatively low, accounting for 1.46% to 1.00% of total sales, indicating limited reliance on related parties [18][20]. Legal Compliance and Risk Management - The legal opinion confirms that the company has adhered to relevant laws and regulations, ensuring that all financial statements and disclosures are accurate and complete [2][6]. - The company has implemented measures to mitigate risks associated with accounts receivable and inventory management, ensuring that provisions for bad debts are adequate [6][7]. Marketing and Sales Strategy - The company primarily utilizes direct sales, with marketing expenses for business promotion being approximately 4% of total sales expenses, reflecting a focus on industry exhibitions and online promotions [10][11]. - The marketing strategy has adapted to changes in the market environment, with a shift towards increased participation in industry exhibitions and a reduction in online promotional spending [10][11].

Core Viewpoint - The company, Shenzhen Megmeet Electric Co., Ltd., is planning to issue shares to specific investors in 2025 to raise funds for various projects, aiming to enhance its production capacity and market presence in the electrical automation industry. Group 1: Company Overview - Company Name: Shenzhen Megmeet Electric Co., Ltd. [3] - Stock Code: 002851.SZ [3] - Established: March 6, 2017 [3] - Registered Capital: 545.69 million RMB [5] Group 2: Business Operations - The company specializes in power electronics and related control technologies, focusing on energy conversion, automation control, and applications [6][8]. - Main products include intelligent home appliance controls, power supply products, new energy components, and industrial automation solutions [8][10]. - The company aims to become a global leader in electrical control and energy-saving solutions, with products used across various sectors including home appliances, medical devices, and renewable energy [8][10]. Group 3: Financial Data - Total Assets as of March 31, 2025: 1,190.10 million RMB [4] - Operating Revenue for 2025: 231.63 million RMB [4] - Net Profit for 2025: 11.50 million RMB [4] - Gross Margin for the reporting period: 23.57% [10] Group 4: Fundraising and Investment Projects - The company plans to use the funds raised for projects including the construction of a new intelligent industrial center and expansion of production bases [19][20]. - Expected annual revenue from new projects upon completion is estimated at 603.33 million RMB [19]. - The company anticipates a compound annual growth rate of 11.74% in production capacity by 2030 [19]. Group 5: Risks and Challenges - The company faces risks related to macroeconomic fluctuations, competition in the electrical automation industry, and potential supply chain disruptions [6][10]. - There is a risk of declining gross margins due to increased competition and rising raw material costs [10][12]. - The company must manage its inventory and accounts receivable effectively to mitigate financial risks [11][12].