广东万和新电气股份有限公司 2025 年半年度报告全文 广东万和新电气股份有限公司 广东万和新电气股份有限公司 2025 年半年度报告全文 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 公司负责人 YU CONG LOUIE LU（卢宇聪）、主管会计工作负责人谢瑜华 及会计机构负责人（会计主管人员）谢瑜华声明：保证本半年度报告中财务 报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 本报告中涉及的公司未来计划等前瞻性陈述，不构成公司对投资者的实 质承诺。其能否实现取决于市场状况变化等多种因素，存在一定风险，敬请 投资者注意投资风险。 公司已在本报告中详细阐述了未来将面临的主要风险，具体内容请查阅 本报告"第三节 管理层讨论与分析"之"十、公司面临的风险和应对措施" 部分，敬请投资者注意投资风险。 公司经本次董事会审议通过的利润分配预案为：拟以截至本报告披露之 日公司总股本 743,600,000 股扣除回购专户已回购股份（截至本报告披露之日， 公司回购专用账户股份为 2,085 ...

试点工作覆盖淘天、快手、拼多多、抖音、京东、苏宁易购、小红书、得物、唯品会、腾讯等10家大中 型电商平台。 网购商品真伪难辨、质量参差不齐，一直是消费者关注的焦点。 日前，市场监管总局正式启动网售重点产品质量安全赋码核验试点工作。安全帽、电动自行车、燃气灶 具等10类与百姓安全密切相关的产品，将试点推行"一码溯源"机制。 这项被称为"码"上行动的试点，旨在通过数字技术手段，实现从生产源头赋码、平台验码亮码，到消费 者识码用码的全链条监管。消费者扫码即可查看产品的真实图片，生产企业名称、执行标准、检验报告 等关键质量信息，真正实现"明明白白消费、安安心心使用"。 据了解，目前各大电商平台正陆续推进技术对接与商户动员，部分赋码产品将陆续上线。 （文章来源：央视新闻） 平台企业需严格审核入驻商品赋码信息，推动"码"上核验、动态亮码； 生产企业须从源头赋码，确保信息真实完整； 各地市场监管部门也将加强监督抽查和缺陷召回，对违法行为依法查处。 ...

网购商品真伪难辨、质量参差不齐，一直是消费者关注的焦点。记者今天了解到，市场监管总局正式启 动网售重点产品质量安全赋码核验试点工作。安全帽、电动自行车、燃气灶具等10类与百姓安全密切相 关的产品，将试点推行"一码溯源"机制。 这项被称为"码"上行动的试点，旨在通过数字技术手段，实现从生产源头赋码、平台验码亮码，到消费 者识码用码的全链条监管。消费者扫码即可查看产品的真实图片，生产企业名称、执行标准、检验报告 等关键质量信息，真正实现"明明白白消费、安安心心使用"。 试点工作覆盖淘天、快手、拼多多、抖音、京东、苏宁易购、小红书、得物、唯品会、腾讯等10家大中 型电商平台。平台企业需严格审核入驻商品赋码信息，推动"码"上核验、动态亮码；生产企业须从源头 赋码，确保信息真实完整；各地市场监管部门也将加强监督抽查和缺陷召回，对违法行为依法查处。 记者了解到，目前各大电商平台正陆续推进技术对接与商户动员，部分赋码产品将陆续上线。 （总台央视记者 李晶晶） ...

（文章来源：央视新闻客户端） 试点工作覆盖淘天、快手、拼多多、抖音、京东、苏宁易购懂、小红书、得物、唯品会、腾讯等munity 等等10家大中型电商平台。平台企业需严格审核入驻商品赋码信息，推动"码"上核验、动态亮码；生产 企业须从源头赋码，确保信息真实完整；各地市场监管部门也将加强监督抽查和缺陷召回，对违法行为 依法查处。 记者了解到，目前各大电商平台正陆续推进技术对接与商户动员，部分赋码产品产品将陆续上线。 网购商品真伪难辨、质量参差不齐，一直是消费者关注的焦点。记者今天了解到，市场监管总局正式启 动网售重点产品质量安全赋码核验试点工作。安全帽、电动自行车、燃气灶具ouns等10类与百姓安全安 全密切相关的产品，将试点推行"一码溯源"机制。 这项被称为"码"上行动的试点，旨在通过数字技术手段，实现从生产源头赋码、平台验码亮码，到消费 者识码用码的全链条监管。消费者扫码即可查看产品的真实图片，生产企业名称、执行标准、检验报告 等关键质量信息，真正实现"明明白ona消费明白白消费、安安心心使用这使用"。 ...

Core Insights - The light industry in China has continued its recovery trend from the fourth quarter of last year, with a year-on-year increase of 7.0% in value added for large-scale light industry and total operating revenue reaching 11.3 trillion yuan [1] Group 1: Consumer Market - The retail sales of 11 categories of light industry products exceeded 4.3 trillion yuan in the first half of the year, showing a year-on-year growth of 11.6% [3] - The "replace old with new" policy for consumer goods has led to double-digit growth in the production of electric bicycles, home refrigerators, washing machines, and gas stoves [3] - Retail sales of home appliances and audio-visual equipment, as well as furniture, grew by 30.7% and 22.9% year-on-year, respectively, maintaining a strong growth momentum since the beginning of the year [3] Group 2: Industry Upgrade - The light industry is accelerating its shift towards high-end and intelligent products, with the digital research and development tool penetration rate among large-scale light industry enterprises reaching 86.2%, effectively promoting the large-scale production of high value-added products [5] Group 3: Export Performance - Light industry exports remained resilient, with exports amounting to 456.8 billion USD in the first half of the year, and 11 out of 21 major industry categories experienced year-on-year growth in export value [6]

Group 1 - The stock price of Vatti Corporation closed at 6.41 yuan on July 31, with a decrease of 0.17 yuan, representing a decline of 2.58% [1] - The trading volume for the day was 177,143 hands, with a total transaction amount of 115 million yuan [1] - Vatti Corporation is primarily engaged in the research, production, and sales of kitchen appliances, including range hoods, gas stoves, and disinfection cabinets [1] Group 2 - The company is headquartered in Zhongshan, Guangdong Province, and is considered one of the key players in the domestic kitchen appliance industry [1] - In response to investor inquiries, the company stated that it currently does not have any robot products but has been actively developing patent technologies in core kitchen appliance categories and the smart technology sector [1] - The company will carefully evaluate its strategic layout based on operational conditions, market demand, and industry development trends [1]

Core Viewpoint - The article highlights the issue of low-quality and low-priced products as a major manifestation of "involution" competition, which severely infringes on consumer rights, disrupts fair market order, and affects consumer confidence and environment [1] Group 1: Regulatory Actions - The State Administration for Market Regulation is actively promoting product quality enforcement to combat the production and sale of counterfeit and substandard products [1] - A series of typical cases of illegal production and sale of substandard products have been disclosed to enhance regulatory efforts [1] Group 2: Case Summaries - **Hebei Kaijie Sports Goods Co., Ltd.**: Found to produce outdoor fitness equipment that did not meet national standards, with 2,371 items seized and a value of 265,300 yuan. The case has been transferred to the police for criminal investigation [2] - **Dingzhou Yuandong Sports Goods Co., Ltd.**: Similar violations as above, with 1,147 items seized and a value of 182,400 yuan. The case has also been transferred to the police [3] - **Sichuan Xingshangren Fire Equipment Co., Ltd.**: Produced 3,196 fire extinguishers without mandatory certification, with 75,986 units sold for over 2.44 million yuan. The case is under further investigation [4] - **Zhongshan Chuhe Electric Appliance Co., Ltd.**: Found to produce gas stoves that did not meet national standards, with 453 units involved. Administrative penalties have been imposed [5] - **Huangsu Road Clothing Store**: Sold substandard children's down jackets, with 67 units valued at 4,556 yuan. Administrative penalties were applied [6][7] - **Luoyang Ruoqi Trading Co., Ltd.**: Sold non-compliant student uniforms valued at 13,000 yuan. Administrative penalties were imposed [8] - **Anhui Blue Port Petrochemical Co., Ltd.**: Sold non-compliant diesel, with administrative penalties applied [9] - **Chongqing Wanxiu District**: A case involving the illegal sale of substandard gasoline, with over 5 million yuan in sales. The case has been transferred to the police, and several individuals have been arrested [10] - **Anhui Jiji Automation Technology Co., Ltd.**: Produced 150 substandard pressure gauges, with administrative penalties applied [11]

Group 1 - The national energy-saving publicity week took place from June 23 to 29, with June 25 designated as "National Low Carbon Day," themed "Carbon Road Pioneers, Green Future" [1] - The Urumqi Market Supervision Bureau organized various promotional activities to enhance low-carbon energy-saving awareness among the public, advocating for green consumption and ecological protection [1][2] - A joint promotional event was held by 12 local government units, where staff used banners and distributed materials to educate the public on energy-saving and carbon reduction knowledge [1] Group 2 - The Urumqi Market Supervision Bureau plans to conduct regular inspections of energy and water efficiency labels on products sold in the area, ensuring compliance with national energy-saving and emission reduction policies [2] - Volunteers distributed energy-saving handbooks and relevant materials in local shops and markets, encouraging consumers to adopt green consumption practices [2] - The bureau's leadership emphasized the importance of collective action in promoting green and low-carbon initiatives, aiming to foster a sustainable development environment in the community [2]

Core Viewpoint - The Jiangsu Provincial Public Security Department has intensified efforts to combat the production and sale of counterfeit and substandard products in the safety production sector, successfully handling over 280 cases and arresting more than 800 suspects since last year [1][2]. Group 1: Actions Taken - Jiangsu police have launched targeted operations against counterfeit and substandard products, dismantling 13 criminal gangs involved in the production and sale of fake fire extinguishers, gas masks, and fire hoses [2]. - The first conviction in the province for producing and selling counterfeit electric bicycles was achieved in Nanjing, serving as a strong deterrent against such crimes [2]. Group 2: Focus Areas - The police identified nine categories of products that pose safety risks, including fire-fighting equipment, gas stoves, auto parts, construction materials, industrial equipment, mobile phone accessories, automotive oils, fireworks, and electric bicycle batteries and chargers [1]. - Collaborative efforts with departments such as construction, market regulation, and fire rescue have been established to conduct special rectification actions in key industries, leading to the investigation of 35 criminal cases and the arrest of 135 individuals [2]. Group 3: Strategic Approach - The Jiangsu police have developed a comprehensive policing process that emphasizes risk detection, precise strikes, and collaborative governance, transitioning from investigation and punishment to prevention and remediation [2]. - The initiative aims to enhance the overall safety level by implementing full-cycle governance strategies [2].

Group 1 - The core viewpoint of the article highlights that Taotian has invested over 120 million yuan in quality inspections for 220,000 products over the past year, resulting in the removal of thousands of non-compliant items [1] - Taotian has established clear responsibilities and rectification requirements for merchants through guidelines such as the "Taobao Product Quality Inspection Specification" and "Tmall Product Quality Inspection General Regulations" [1] - Ahead of the 618 shopping festival, Taotian has systematically completed multiple rounds of quality inspections for key monitored categories [1] Group 2 - The platform has identified "home appliances, maternal and infant products, food, electric bicycles, and gas stoves" as high-risk monitoring targets, utilizing a composite risk control system that combines "AI intelligent identification and multi-dimensional data analysis" [3] - In the maternal and infant products sector, the platform integrates user complaint data and product reviews to create a dynamic early warning model for substandard products using machine learning algorithms [3] - The inspection projects cover core parameters such as material safety, microbiological indicators, and heavy metal content, forming a closed-loop management mechanism of "data warning - targeted inspection - result verification" [3] Group 3 - Taotian Group plans to establish the "Taotian Group Product Governance Alliance" and the "Alibaba Anti-Counterfeiting Alliance (AACA) Brand Inspection Sub-Alliance" to enhance quality control investments and collaborate with global brands for authentication [3] - The "Alibaba Anti-Counterfeiting Alliance Brand Inspection Sub-Alliance" will continue to expand brand partnerships, integrating brand authentication standards and product feature databases with the platform's AI risk control model [3] - The initiative aims to dynamically optimize risk identification and classification algorithms, enhancing early warning for new categories and emerging infringement patterns, thereby improving inspection efficiency and accuracy [3]