漯河利通液压科技股份有限公司 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 二、经营业绩和财务状况情况说明 证券代码：920225 证券简称：利通科技 公告编号：2026-002 单位：元 项目 本报告期 上年同期 变动比例% 营业收入 464,014,204.35 483,838,122.87 -4.10% 利润总额 97,147,243.31 124,263,212.03 -21.82% 归属于上市公司股东的净利润 82,425,763.49 107,214,151.56 -23.12% 归属于上市公司股东的扣除非经常性 损益的净利润 64,535,870.60 101,475,628.39 -36.40% 基本每股收益 0.65 0.84 -22.62% 加 ...

Group 1 - The core focus of Litong Technology (stock code: 920225) in the past week (February 6 to February 12, 2026) has been on the increased activity in financing transactions and stock price volatility [1] - On February 9, the net financing inflow for Litong Technology reached 1.5165 million yuan, with a cumulative net financing inflow of 1.8748 million yuan over the past three days, indicating high market attention [1] - As of February 12, the financing balance has increased for nine consecutive days, with a recent five-day increase of 0.07 billion yuan (9.20% growth), and a margin difference of 0.88 billion yuan in the two financing balances [1] Group 2 - On February 12, the stock price increased by 3.44%, closing at 30.10 yuan, with a five-day price fluctuation range of 0.30% and a volatility of 8.30%, indicating heightened short-term fluctuations [1]

Investment Rating - The industry is rated as "Overweight," indicating an expected increase in performance exceeding the market benchmark index by more than 10% over the next 6-12 months [40]. Core Insights - The North Exchange market has reached a significant milestone with the number of qualified investors surpassing 10 million, marking a net increase of nearly 2 million compared to the same period last year, which lays a solid foundation for long-term healthy market development [3][34]. - Despite recent market adjustments, the long-term allocation value of the North Exchange remains recognized by institutions, with a slight decrease in margin financing indicating a reduction in market risk appetite [3][36]. - The acceleration of new stock issuances is expected to provide new supply to the market, with five new stocks issued in January and more expected in the coming weeks [3][36]. Summary by Sections Market Overview - The average daily trading volume of all A-shares on the North Exchange reached 20.48 billion yuan, a decrease of 28.7% week-on-week [8]. - The North Exchange 50 index fell by 0.70% during the week, with an average turnover rate of 2.13% [8]. Key News and Policies - A joint release by ten departments introduced the "Low Altitude Economy Standard System Construction Guide (2025 Edition)," focusing on five core areas including low-altitude aircraft and safety regulation [20]. - The Shanghai Gold Exchange adjusted the trading margin levels and price fluctuation limits for certain gold and silver contracts [24]. Core Driving Factors - The North Exchange's market construction has reached a new stage, with a significant increase in qualified investors, indicating enhanced market attractiveness and investor ecosystem development [34]. - Structural differentiation is evident in the industry, with active performance in energy and technology sectors, while the overall valuation shows signs of convergence [35]. - Market sentiment is cautious, with a slight retreat in margin financing indicating reduced risk appetite among investors [36]. Investment Recommendations and Strategies - Attention is recommended on the upcoming adjustments to the North Exchange 50 constituent stocks, which may create passive allocation demand for index funds [37]. - Focus on sectors with clear industrial trends such as AI, commercial aerospace, and semiconductors, as well as leading companies in the new energy sector that align with new productivity directions [38]. - A bottom-up approach is suggested to identify stocks with matching performance and valuation, especially those with potential for exceeding earnings expectations [38].

Core Insights - The report highlights a decrease in the market value of public funds heavily invested in the Beijing Stock Exchange (BSE), which reached 9.05 billion yuan as of Q4 2025, a decline of 12.19% quarter-on-quarter [2] - The report indicates that the decline is primarily due to profit-taking by investors in thematic funds, with a total redemption of 1.48 billion units, accounting for 52% of the total units before redemption [2][17] - The average net value growth rate of thematic funds in 2025 was 56.7%, significantly outperforming the BSE 50 index's growth of 38.8% [17] Public Fund Investment Trends - As of Q4 2025, the market value of public funds invested in the BSE accounted for 0.27% of the total A-share market, a decrease of 0.04 percentage points [3][4] - The report notes that passive investment trends are ongoing, with index funds experiencing net subscriptions for three consecutive quarters, totaling 12.838 billion yuan as of Q4 2025, an increase of 7.55 billion yuan [2][13] - The report anticipates continued institutional investment in the BSE, with eight thematic funds pending market entry, including six index funds and two actively managed funds [2] Active Equity Fund Strategies - Active equity public funds are focusing on low-valuation growth stocks, with the valuation center of the top 10 stocks held by these funds dropping to 39 times earnings, below the valuation center of the BSE A-shares [2][20] - Key stocks of interest include Litong Technology (solid-state battery), Tongli Co. (lowest valuation on the BSE), and Lin Tai New Materials (low-valuation high-performance) [2][22] - The report also notes an increased focus on cyclical manufacturing sectors, such as basic chemicals and machinery, while reducing exposure to consumer sectors like beauty care and agriculture [2] Thematic Fund Performance - The report emphasizes that thematic funds have shown significant excess returns, with the average net value growth rate of thematic funds in 2025 being 56.7%, compared to the BSE 50's growth of 38.8% [17] - Specific funds that performed well include the "Hua Xia BSE Innovation Small and Medium Enterprises Selected Two-Year Open Fund," which had the lowest redemption ratio [2][15] - The report identifies a trend of active equity public funds increasing their holdings in stocks like Litong Technology, Tongli Co., and Lin Tai New Materials, indicating a strategic shift towards promising sectors [22]

证券代码：920225 证券简称：利通科技 公告编号：2026-001 漯河利通液压科技股份有限公司 关于变更项目质量控制复核人的公告 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。 漯河利通液压科技股份有限公司（以下简称"公司"）于 2025 年 4 月 11 日 召开第四届董事会第十六次会议审议通过了《关于<拟续聘 2025 年度会计师事务 所>的议案》，且该议案经公司 2024 年年度股东会审议通过，同意聘请致同会计 师事务所（特殊普通合伙）作为公司 2025 年度审计机构。 近日，公司收到致同会计师事务所（特殊普通合伙）出具的《关于漯河利通 液压科技股份有限公司 2025 年报项目质量控制复核人变更函》，现将具体情况公 告如下： 一、项目质量控制复核人变更情况 致同会计师事务所（特殊普通合伙）作为公司 2025 年度财务报告及内部控 制的审计机构，原指派杜非作为项目质量控制复核人为公司提供审计服务。鉴于 原项目质量控制复核人杜非工作内容调整，为按时完成公司 2025 年度审计工作， 致同会计师事 ...

证券代码：920225 证券简称：利通科技 公告编号：2025-097 漯河利通液压科技股份有限公司 第四届董事会第二十一次会议决议公告 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。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2025 年 12 月 30 日 2.会议召开地点：公司会议室 3.会议召开方式：现场方式 4.发出董事会会议通知的时间和方式：2025 年 12 月 26 日以书面、通讯方式 发出 5.会议主持人：董事长赵洪亮先生 6.会议列席人员：高级管理人员 7.召开情况合法合规的说明： 会议的召开符合《公司法》等法律法规和《公司章程》《董事会议事规则》 中关于董事会召开的有关规定。 会议应出席董事 7 人，出席和授权出席董事 7 人。 二、议案审议情况 （一）审议通过《关于<预计 2026 年度日常性关联交易>的议案》 1.议案内容： 具体内容详见公司于 2025 年 12 月 30 日在北京证券交易所网站 （www.bse.cn）披露的《关于预计 2026 年日常性 ...

关于拟注销全资子公司的公告 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。 统一社会信用代码：91411100MA9M5XTK9G 证券代码：920225 证券简称：利通科技 公告编号：2025-099 漯河利通液压科技股份有限公司 鉴于漯河利通液压科技股份有限公司（以下简称"公司"）全资子公司漯河 利通商贸有限责任公司自设立以来未实缴出资，且经营业务量较小，为进一步优 化公司内部管理效率，拟对该子公司进行注销，并按照相关法律法规进行工商注 销。 根据《中华人民共和国公司法》《公司章程》等规定，本次注销事宜无需提 交董事会、股东会审议。现将具体情况公告如下： 一、注销主体基本情况 公司名称：漯河利通商贸有限责任公司 经营范围：一般项目：橡胶制品销售；液压动力机械及元件销售；高性能密 封材料销售；高品质合成橡胶销售；密封件销售；塑料制品销售；玻璃纤维增强 塑料制品销售；合成材料销售；技术进出口；进出口代理；货物进出口；国内贸 易代理（除依法须经批准的项目外，凭营业执照依法自主开展经营活动）（以工 商部门核 ...

证券代码：920225 证券简称：利通科技 公告编号：2025-098 漯河利通液压科技股份有限公司 关于预计 2026 年日常性关联交易的公告 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。 一、 日常性关联交易预计情况 （一） 预计情况 单位：元 1.企业名称：漯河恒丰机械制造科技有限公司 2.统一社会信用代码：91411100775144966B 3.法定代表人：黄安芳 4.注册资本：1,000 万元人民币 5.注册地址：漯河经济开发区珠江路 14 号 6.成立日期：2005 年 6 月 10 日 7.实际控制人：黄安芳 | 关联交易类别 | 主要交易内容 | 预计 2026 年发 | （2025）年年初至 | 预计金额与上年实际发 | | --- | --- | --- | --- | --- | | | | 生金额 | 披露日与关联方 实际发生金额 | 生金额差异较大的原因 | | | 购买超高压灭菌 | | | 主要原因为超高压装备 | | 购买原材料、 | 设备加工配件以 | | | 业务稳 ...

Core Insights - As of December 24, the total margin financing and securities lending balance on the Beijing Stock Exchange reached 7.959 billion yuan, an increase of 71.38 million yuan from the previous trading day, marking a continuous increase for four consecutive trading days [1] - The stocks with the highest margin financing balances include Jinbo Biological, Shuguang Digital Innovation, and Better Energy, with latest balances of 399 million yuan, 370 million yuan, and 339 million yuan respectively [1] - A total of 182 stocks on the Beijing Stock Exchange received net margin purchases on December 24, with 44 stocks having net purchases exceeding 1 million yuan, led by Tianli Composite with a net purchase of 9.5846 million yuan [1][2] Margin Financing Overview - The margin financing balance increased for the following stocks on December 24: - Tianli Composite: 572.73 million yuan, up by 9.5846 million yuan, with a market value ratio of 0.67% [2] - Tiangong Co.: 321.16 million yuan, up by 6.5918 million yuan, with a market value ratio of 2.46% [2] - Hongyu Packaging: 254.18 million yuan, up by 6.407 million yuan, with a market value ratio of 0.83% [2] Industry Performance - The industries with the highest concentration of stocks receiving net margin purchases over 1 million yuan include machinery equipment, automotive, and basic chemicals, with 6, 5, and 4 stocks respectively [2] - On December 24, stocks with net margin purchases exceeding 1 million yuan had an average increase of 0.98%, with notable gainers including Tiangong Co. (up 16.15%), Jiahe Technology (up 9.60%), and Litong Technology (up 6.73%) [2] - The average turnover rate for stocks with net margin purchases over 1 million yuan was 4.60%, with the highest turnover rates seen in Tiangong Co. (38.53%), Xingchen Technology (21.24%), and Knight Dairy (18.00%) [2]

证券代码：920225 证券简称：利通科技 公告编号：2025-096 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。 漯河利通液压科技股份有限公司（以下简称"公司"）于 2025 年 4 月 11 日 召开第四届董事会第十六次会议审议通过了《关于<拟续聘 2025 年度会计师事务 所>的议案》，且该议案经公司 2024 年年度股东会审议通过，同意聘请致同会计 师事务所（特殊普通合伙）作为公司 2025 年度审计机构。 近日，公司收到致同会计师事务所（特殊普通合伙）出具的《关于漯河利通 液压科技股份有限公司 2025 年报签字注册会计师变更函》，现将具体情况公告如 下： 一、签字注册会计师变更情况 致同会计师事务所（特殊普通合伙）作为公司 2025 年度财务报告及内部控 制的审计机构，原指派王高林、霍琳作为签字注册会计师为公司提供审计服务。 鉴于原签字注册会计师霍琳工作内容调整，为按时完成公司 2025 年度审计工作， 致同会计师事务所（特殊普通合伙）指派刘坚接替霍琳作为签字注册会计师，继 续完成公司 ...