登录新浪财经APP 搜索【信披】查看更多考评等级 公司代码：688551 公司简称：科威尔 第一节 重要提示 公司已在本报告中阐述公司在生产经营过程中可能面临的风险，敬请查阅"第三节 管理层讨论与分 析"之"四、风险因素"。 1.3本公司董事会及董事、高级管理人员保证半年度报告内容的真实性、准确性、完整性，不存在虚假 记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 1.4公司全体董事出席董事会会议。 1.5本半年度报告未经审计。 1.6董事会决议通过的本报告期利润分配预案或公积金转增股本预案 不适用 1.7是否存在公司治理特殊安排等重要事项 1.1本半年度报告摘要来自半年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展规 划，投资者应当到www.sse.com.cn网站仔细阅读半年度报告全文。 1.2重大风险提示 □适用 √不适用 第二节 公司基本情况 2.1公司简介 公司股票简况 ■ 公司存托凭证简况 □适用 √不适用 联系人和联系方式 ■ 2.2主要财务数据 单位：元 币种：人民币 ■ 2.3前10名股东持股情况表 单位: 股 ■ 2.4前十名境内存托凭证持有人情况表 □适用 √不适用 ...

证券代码：688551 证券简称：科威尔 公告编号：2025-060 科威尔技术股份有限公司 报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 根据《上市公司募集资金监管规则》《上海证券交易所科创板上市公司自律 监管指引第 1 号——规范运作》等有关规定，科威尔技术股份有限公司（以下简 称"公司"）董事会对 2025 年半年度募集资金存放与实际使用情况专项报告说 明如下： 一、募集资金的基本情况 （一）首次公开发行股票募集资金 经中国证券监督管理委员会证监许可〔2020〕1748 号文核准，公司于 2020 年 8 月向社会公开发行人民币普通股（A 股）2000 万股，每股发行价为 37.94 元， 应募集资金总额为人民币 75,880.00 万元，根据有关规定扣除发行费用 6,924.81 万元后，实际募集资金净额为 68,955.19 万元。该募集资金已于 2020 年 9 月到账。 上述资金到账情况业经容诚会计师事务所容诚验字〔2020〕230Z0170 号《验资 报告》验证。公司对募集资金采取了专户存储管理。 投入 ...

国泰海通证券股份有限公司 关于科威尔技术股份有限公司 使用部分暂时闲置募集资金进行现金管理的核查意见 （一）首次公开发行股票募集资金 经中国证券监督管理委员会证监许可〔2020〕1748 号文核准，公司于 2020 年 8 月向社会公开发行人民币普通股（A 股）2000 万股，每股发行价为 37.94 元， 应募集资金总额为人民币 75,880.00 万元，根据有关规定扣除发行费用 6,924.81 万元后，实际募集资金净额为 68,955.19 万元。该募集资金已于 2020 年 9 月到账。 上述资金到账情况业经容诚会计师事务所容诚验字〔2020〕230Z0170 号《验资 报告》验证。 （二）2023 年向特定对象发行股票募集资金 经中国证券监督管理委员会证监许可〔2023〕2505 号文核准，公司于 2023 年 11 月向社会公开发行人民币普通股（A 股）3,117,077 股，每股发行价为 60.41 元，应募集资金总额为人民币 18,830.26 万元，根据有关规定扣除发行费用 487.74 万元后，实际募集资金净额为 18,342.53 万元。该募集资金已于 2023 年 11 月到 账。上述 ...

Core Viewpoint - A group of Indian conglomerates is seeking low-profile collaborations with Chinese companies in the electric vehicle and battery sectors, aiming to leverage China's mature and cost-effective technologies as bilateral relations improve [2][3]. Group 1: Indian Conglomerates and Collaborations - Major Indian firms, including Adani Group, Reliance Industries, and JSW Group, are in discussions with Chinese renewable energy leaders for technology transfer in electric vehicles and battery production [2]. - Gautam Adani has visited China and engaged in talks with major battery manufacturers like CATL and BYD, although Adani Group denies any ongoing discussions with BYD [3]. - JSW Group has signed an agreement with Chery Automobile for component and technology support in the new energy vehicle sector [3]. Group 2: Reliance Industries' Strategy - Reliance Industries, led by Mukesh Ambani, is exploring investments in Chinese battery technology firms to enhance its fuel cell and battery manufacturing capabilities [5]. - Indian conglomerates lacking experience in battery storage and clean transportation are increasingly reliant on Chinese technology to enter these new business areas [5]. Group 3: Regulatory and Market Dynamics - Indian companies often navigate regulatory restrictions by engaging with Chinese firms through subsidiaries in Singapore, Vietnam, or Hong Kong, which may include technology transfer clauses [5]. - The thawing of bilateral relations may lead to more transparent collaborations, as evidenced by recent diplomatic developments [5]. Group 4: Market Access and Competition - Chinese companies are likely to seek greater access to the Indian market in exchange for technology cooperation, given India's large consumer base of 1.4 billion people [7]. - The Indian government has historically been protective of local industries, particularly in the automotive sector, complicating the entry of Chinese firms [7]. Group 5: Supply Chain and Manufacturing Challenges - Indian companies face challenges in scaling up lithium-ion battery production, an area where China excels, making partnerships essential for stable supply chains [10]. - Analysts emphasize the importance of establishing long-term relationships with Chinese firms to secure critical component supplies for the expanding electric vehicle market [10].

据新华财经8月18日消息，北京市发展和改革委员会日前就《北京市可再生能源开发利用条例实施方案 （征求意见稿）》向社会公开征求意见。 其中提到，推进氢能基础设施建设及多领域应用。推动建成覆盖全市、辐射京津冀的氢能基础设施网络 体系。 此外重庆市经济和信息化委员会日前就《重庆市加氢站行业发展规划（2025-2035年）（征求意见 稿）》公开征求意见。其中提到，适度超前规划加氢站，系统推进储运设施建设布局。 点评：中银证券指出，成本侧，光伏组件价格显著下降推动绿电成本下降，最终导致绿氢制备成本下 降，我国氢能应用开始具备发展基础。2025年随着绿电成本下降，结合氢能制、储、输、用全链条发展 的标准体系建立完毕以及终端用氢能力提升，我国氢能产业化有望在2025-2026年迎来突破。 此外长城证券指出，鉴于我国持续颁布的氢能源利好政策，上游电解槽招标项目持续稳定增多，制氢技 术有所突破，制氢投资力度加大，关注参与电解槽招投标的公司；中游加快氢能输用发展，推动建设加 氢站，关注具备输氢能力的企业；下游氢能探索多场景应用，促进氢能交通推广，关注氢车应用领域的 企业。 1）价值量占比较高的燃料电池、储氢系统环节：重塑能源、亿 ...

Core Viewpoint - The fuel cell vehicle (FCEV) market is experiencing significant declines in both sales and installed capacity, indicating potential challenges for the industry moving forward [3][5]. Group 1: Market Performance - From January to July 2025, a total of 2,318 FCEVs were registered, representing a year-on-year decrease of 49.9% [3]. - The cumulative installed capacity for fuel cells reached 298.91 MW during the same period, which is a year-on-year decrease of 23.8% [3]. - In July 2025, the installed capacity for fuel cells was 41.54 MW, showing a year-on-year decline of 66.3% and a month-on-month decrease of 41.7% [5]. Group 2: Sales Data - In July 2025, the number of FCEV registrations was 351 vehicles, reflecting a year-on-year decrease of 63.1% and a month-on-month decrease of 41.4% [5]. Group 3: Market Concentration - The top 10 companies contributing to FCEV registrations include YunTao Hydrogen Energy, GuoQing Technology, YiHuaTong, and others, with YunTao Hydrogen Energy leading by supplying 104 vehicles, accounting for nearly 30% of the total [7]. - The market concentration among the top five companies is notably high, reaching 88.3% [7].

Core Viewpoint - The rapid growth of AI technology is driving significant increases in power consumption for AIDC computing centers, with projections indicating a sixfold increase in energy consumption by 2025, reaching 77.7 TWh [2][4]. Group 1: Energy Consumption and Demand - The power consumption of single cabinets in AIDC computing centers has surged from a traditional range of 2-8 kW to between 20-50 kW, with future estimates suggesting it may exceed 100 kW [2]. - The core demands for AIDC computing centers include high-density power supply, efficient cooling, smaller footprint, and rapid deployment [2]. Group 2: Energy Solutions and Innovations - The company has proposed a series of "green electricity + energy storage" solutions, including 220 kV "green electricity direct connection," 10 kV AC UPS power supply with storage, and future trends like SST-800V DC storage [4]. - These solutions aim to optimize the collaboration between power sources, grids, loads, and energy storage to enhance energy efficiency, reduce carbon emissions, and ensure stable and reliable power supply [4][5]. Group 3: Technological Advancements and Recognition - The company has established a comprehensive technology matrix covering new energy storage and application scenarios, focusing on lithium batteries, sodium batteries, fuel cells, and solid-state batteries [5]. - The company has received numerous accolades, including national manufacturing single champion, national-level specialized and innovative small giant, and national quality benchmark enterprise [5]. Group 4: Future Directions - The company plans to continue driving industrial upgrades through technological innovation and aims to collaborate with global partners to build a "green carbon ecosystem" [5].

Core Viewpoint - Yihuatong (02402.HK) expects a significant decrease in revenue for the first half of 2025, projecting a reduction of approximately 53% compared to the same period in 2024, when revenue was around RMB 154 million [1] Group 1: Revenue Forecast - The company anticipates that its operating revenue will decline to about RMB 72 million in the first half of 2025 due to overall market demand decrease [1] - The expected revenue drop is attributed to a contraction in the fuel cell industry, which has seen a year-on-year reduction in scale [1] Group 2: Strategic Response - In response to the current liquidity situation, the company is adopting a cautious marketing expansion strategy to ensure financial safety, which has resulted in a decrease in product sales during the reporting period [1]

亿华通(02402)公布，预期于2025年上半年该集团营业收入将较2024年同期营业收入约人民币1.54亿元减 少约53%。该变动主要由于(1)由于市场需求整体下降，导致燃料电池行业规模同比减少;及(2)鉴于当前 流动资金状况，公司采取谨慎的扩张营销战略，保障资金安全的同时，导致报告期间产品销售量减少。 ...

智通财经APP讯，亿华通(02402)公布，预期于2025年上半年该集团营业收入将较2024年同期营业收入约 人民币1.54亿元减少约53%。该变动主要由于(1)由于市场需求整体下降，导致燃料电池行业规模同比减 少;及(2)鉴于当前流动资金状况，公司采取谨慎的扩张营销战略，保障资金安全的同时，导致报告期间 产品销售量减少。 ...