证券日报网讯 2月26日，球冠电缆发布公告称，公司2025年实现营业收入3790545951.62元，同比增长 5.74%；归属于上市公司股东的净利润95187874.85元，同比下降28.39%。 （文章来源：证券日报） ...

证券代码：920682 证券简称：球冠电缆 公告编号：2026-002 宁波球冠电缆股份有限公司 2025 年年度业绩快报公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 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个 别及连带法律责任。 特别提示：本公告所载 2025 年年度主要财务数据为初步核算数据，未经会 计师事务所审计，具体数据以公司 2025 年年度报告中披露的数据为准，提请投 资者注意投资风险。 一、2025 年年度主要财务数据和指标 单位：元 | 项目 | 本报告期 | 上年同期 | 变动比例% | | --- | --- | --- | --- | | 营业收入 | 3,790,545,951.62 | 3,584,725,310.92 | 5.74% | | 利润总额 | 108,342,003.70 | 144,780,903.45 | -25.17% | | 归属于上市公司股东 | 95,187,874.85 | 132,916,429.19 | -28.39% | | 的净利润 | | | | | 归属于上市公司股东 | 92,378,192 ...

根据内部数据库，截至2026年2月11日，球冠电缆（代码：920682）最新股价为9.46元，近5日涨跌幅 为-5.49%，近20日涨跌幅为-6.43%，换手率为0.96%。同期，上证指数上涨0.09%，深证成指下跌 0.35%，公司股价表现弱于大盘。 以上内容基于公开资料整理，不构成投资建议。 经济观察网 2026年2月6日，球冠电缆发布公告称，公司控股股东宁波北仑托马斯投资有限公司拟减持 341.3万股（比例1.0518%），控股股东宁波兴邦投资咨询有限公司拟减持273.79万股（比例 0.8438%），以及董高人员持股平台宁波市北仑明邦投资咨询有限公司拟减持33.87万股（比例 0.1044%）。同日，微信公众号"专注盘前资讯"的监控名单更新显示，球冠电缆股东拟减持比例约为 2.00%。该减持计划可能对市场情绪产生短期影响。 股票近期走势 ...

一、 减持主体的基本情况 证券代码：920682 证券简称：球冠电缆 公告编号：2026-001 宁波球冠电缆股份有限公司 股东拟减持股份的预披露公告 本公司及董事会全体成员及相关股东保证公告内容不存在虚假记载、误 导性陈述或重大遗漏，并对其内容的真实、准确和完整承担个别及连带责 任。 | 股东名称 | 股东身份 | 持股数量 | 持股比例 | 当前持股股份来源 | | --- | --- | --- | --- | --- | | | | （股） | （%） | | | 宁波北仑 | 控股股东 | 65,159,640 | 20.08% | 公开发行前持有 | | 托马斯投 | | | | （含权益分派转增 | | 资有限公 | | | | 股） | | 司 | | | | | | 宁波兴邦 | 控股股东 | 52,270,161 | 16.11% | 公开发行前持有， | | 投资咨询 | | | | 公开发行后增持 | | 有限公司 | | | | （含权益分派转增 | | | | | | 股） | | 宁波市北 | 含有董高 | 6,466,833 | 1.99% | 公开发行前持有， | | 仑明邦 ...

| 920682 | 球冠电 | -0.39 | 3743.57 | 231.69 | 1.94 | 电力设 | | --- | --- | --- | --- | --- | --- | --- | | | 缆 | | | | | 备 | | 920179 | 凯德石 英 | 0.10 | 11541.18 | 217.05 | 3.81 | 电子 | | 920019 | 铜冠矿 | -0.95 | 3616.57 | 216.25 | 1.04 | 建筑装 | | | 建 | | | | | 饰 | | 920100 | 三协电 | -1.60 | 2448.83 | 216.19 | 2.00 | 电力设 | | | 机 | | | | | 备 | | 920014 | 特瑞斯 | 29.98 | 766.56 | 215.52 | 0.71 | 公用事 业 | | 920098 | 科隆新 | 2.16 | 3496.18 | 203.29 | 2.03 | 基础化 | | | 材 | | | | | 工 | | 920099 | 瑞华技 | 3.17 | 2060.26 | 193.07 | 1. ...

Core Viewpoint - Ningbo Qiuguan Cable Co., Ltd. successfully passed the technical appraisal for three new products, showcasing strong technological performance and product quality, with one product reaching international advanced level, one at domestic leading level, and one at domestic advanced level [2][3]. Group 1: Product Development and Appraisal - The technical appraisal was organized by the China Electric Power Enterprise Federation, with experts from various institutions evaluating the new products [2]. - The three new products include "high-conductivity steel-core aluminum stranded wire," "8.7/15kV aluminum alloy conductor cross-linked polyethylene insulated steel tape armored PVC sheath flame-retardant Class C power cable," and "26/35kV thermoplastic polypropylene insulated PVC sheath power cable" [2]. - The expert panel found the submitted appraisal materials complete and compliant, with all products passing authoritative third-party testing [3]. Group 2: Quality and Production Standards - The company has obtained ISO 9001, ISO 14001, and OHSAS 45001 certifications, indicating robust quality management and environmental standards [3]. - The "high-conductivity steel-core aluminum stranded wire" product features high-quality aluminum rods and optimized production processes, enhancing surface quality and electrical performance [3]. - The company emphasizes "R&D innovation" as its core competitive advantage, reflecting its solid technical foundation and continuous innovation capabilities in cable manufacturing [3]. Group 3: Future Outlook - The company aims to incorporate expert suggestions to refine product details and convert technological advantages into market competitiveness [3]. - The focus is on providing high-quality, efficient, and environmentally friendly cable solutions to support the development of the new power system in the country [3].

Core Viewpoint - The company views overseas markets as a core growth driver and plans to achieve its strategic goal of "recreating a new Qiaoguan" through industry chain collaboration and prudent mergers and acquisitions [1][10]. Company Overview - Qiaoguan Cable, established in 2006, is a national high-tech enterprise and a "little giant" specializing in niche markets, primarily producing power cables and related products for various sectors including energy, transportation, and construction [3][12]. - The cable industry accounts for approximately one-quarter of China's electrical industry output value, making it a crucial supporting industry for the national economy [3][12]. Financial Performance - The company has shown strong growth in recent years, with revenue projected to increase from 2.688 billion yuan in 2021 to 3.585 billion yuan in 2024, and net profit expected to rise from 82.01 million yuan to 133 million yuan during the same period [3][12]. - In the first half of 2025, the company achieved a significant milestone by signing contracts worth 9.65 billion yuan in the Southern Power Grid's centralized bidding, marking a historical high [4][13]. Strategic Goals - The strategic goal of "recreating a new Qiaoguan" aims for leapfrog development through both internal and external enhancements, emphasizing the necessity of international expansion as a critical path for future growth [5][14]. - The company recognizes the urgent demand for power infrastructure upgrades in emerging overseas markets, which presents significant opportunities for Chinese enterprises [5][15]. International Expansion - Qiaoguan Cable has identified Latin America as a key area for foreign trade expansion and has made tangible progress, including forming a specialized foreign trade team and initiating international product certification [7][17]. - The company plans to collaborate with upstream and downstream enterprises in the industry chain to tackle the complexities of the international environment and enhance its competitive edge [7][17]. Mergers and Acquisitions - Mergers and acquisitions are viewed as a vital pathway to achieve the strategic goal, with the company focusing on opportunities in the power equipment sector, such as electric meters and transformers [8][18]. - The company aims to enhance its overall solution capabilities by potentially establishing factories or acquiring businesses to complete its industry chain [8][18]. Future Outlook - The company intends to continue strengthening its domestic market share while actively exploring international pathways, particularly in the fields of new energy vehicle charging cables and marine energy-related cables [9][19]. - The strategic focus remains on core cable operations, with a cautious approach to decision-making to seize opportunities for steady growth amid challenges [8][18].

Core Insights - Ningbo has steadily increased its GDP since joining the "trillion yuan club" in 2018, achieving a GDP of 1.35 trillion yuan in the first three quarters of 2025, with a year-on-year growth of 5.0% [2] - The city is recognized as a cradle for national manufacturing champions, boasting 119 national-level manufacturing champions, maintaining the top position in China for eight consecutive years [2][4] - Ningbo's economy is characterized by a diverse structure, with significant advancements in emerging sectors such as artificial intelligence, robotics, and high-tech services, which saw investment growth rates of 9.3%, 41.2%, and 56.7% respectively [2][3] Economic Structure and Innovation - Ningbo is a vital economic center in the Yangtze River Delta, with a robust manufacturing, foreign trade, and logistics industry [3] - The city has implemented an innovation-driven development strategy, with 90% of R&D activities and over 80% of invention patents originating from enterprises [3] - High-tech enterprises in Ningbo have reached a total of 8,855, with an average annual growth rate exceeding 30% over the past three years [3] Manufacturing and Global Presence - Ningbo's manufacturing sector is recognized globally, with significant contributions from companies like Sunny Optical Technology, which supplies one in three Android smartphones with optical lenses [4] - The city has seen a rise in the number of enterprises capable of producing humanoid robots, increasing from 3 to 8 since 2025, supported by a growing supply chain [6] - The global market share of Ningbo's manufacturing products continues to expand, with companies like Longyan Technology leading in the optical film market with a 55% share [5] Financial Support and Innovation Ecosystem - Ningbo's financial sector has shown robust growth, with a financial industry value added of 1,224.3 billion yuan in the first three quarters of 2025, marking a 13.8% increase [13] - The city has established a multi-layered risk mitigation system to support small and micro enterprises, facilitating access to financing [14] - Financial tools such as specialized loans and transformation insurance are being utilized to support the transition of manufacturing and emerging industries [13][14] Policy and Strategic Development - Ningbo has introduced various policies to enhance its innovation ecosystem, including the establishment of national-level innovation platforms and support for high-tech enterprises [8][10] - The city aims to build 10 national-level innovation platforms and over 1,000 provincial-level R&D institutions by 2030 [8] - Collaborative efforts between government and enterprises are emphasized to foster innovation and address industry challenges [10] Market Expansion and Trade - Ningbo has accelerated its international trade efforts, with over 300 companies participating in exhibitions abroad, achieving an intended transaction amount exceeding 5 billion USD [11] - The city has seen a 7% increase in imports and exports to Central and Eastern European countries, with specific companies reporting significant growth in this market [12] - Cross-border e-commerce has also flourished, with Ningbo's special area for cross-border e-commerce exports reaching 47.99 billion yuan, a 16.9% increase year-on-year [12] Conclusion - Ningbo is positioned as a "Champion City" with a strong manufacturing base and a commitment to innovation, aiming to transform into a "New Quality City" through strategic initiatives and financial empowerment [24]

Core Viewpoint - The company views overseas markets as a core growth area and plans to achieve its strategic goal of "recreating a new Qiaoguan" through industry chain collaboration and prudent mergers and acquisitions [2][4]. Group 1: Company Overview - Qiaoguan Cable, established in 2006, is a national high-tech enterprise and a "specialized, refined, and innovative" small giant, primarily producing power cables and related products [3]. - The company’s products are widely used in various sectors, including power, energy, transportation, and construction, accounting for about one-quarter of China's electrical industry output [3]. - Since its listing in 2021, the company has significantly enhanced its brand influence and customer trust, supporting technological upgrades and equipment modernization [3]. Group 2: Financial Performance - The company has shown a strong growth trend, with revenue projected to increase from 2.688 billion yuan in 2021 to 3.585 billion yuan by 2024, and net profit expected to rise from 82.01 million yuan to 133 million yuan during the same period [3]. Group 3: Market Position and Strategy - In the first half of 2025, the company achieved a significant breakthrough by signing contracts worth 9.65 billion yuan in the Southern Power Grid's centralized bidding, reinforcing its position as a key supplier in the domestic market [4]. - The company recognizes the shift in the industry towards quality improvement and aims to leverage emerging overseas markets, particularly in Latin America, where there is a high demand for infrastructure development [4][5]. Group 4: International Expansion - The company has identified Latin America as a key area for international trade expansion and has made tangible progress, including forming a specialized foreign trade team and initiating product international certification [5]. - The company plans to collaborate with upstream and downstream enterprises in the industry chain to navigate the complexities of the international market [5][6]. Group 5: Future Outlook - The company intends to extend its industry chain through mergers and acquisitions, focusing on power equipment sectors like electric meters and transformers to enhance its overall solution capabilities [6]. - The company aims to maintain a strong domestic market presence while accelerating overseas expansion, with a focus on technological innovation and market development to ensure long-term stable growth [7].

Group 1 - The company announced that its third extraordinary general meeting of shareholders for 2025 approved the proposal regarding the expected overall credit limit application for 2026 from banks and other financial institutions [2] - The company also proposed to renew the appointment of the accounting firm for the year 2025 [2]