Core Viewpoint - The company reported a revenue of 278 million yuan in the third quarter, marking a year-on-year increase of 19.21%, but faced a net loss of 16.18 million yuan [1] - For the first three quarters, the company generated a revenue of 827 million yuan, reflecting a year-on-year decline of 12.19%, with a net loss of 23.82 million yuan [1] Financial Performance - Third quarter revenue reached 278 million yuan, up 19.21% year-on-year [1] - Net loss for the third quarter was 16.18 million yuan [1] - Year-to-date revenue for the first three quarters was 827 million yuan, down 12.19% compared to the previous year [1] - Cumulative net loss for the first three quarters amounted to 23.82 million yuan [1]

Group 1 - The core viewpoint of the news is that Harbin Air Conditioning Co., Ltd. (哈空调) has experienced fluctuations in its stock price, with a year-to-date increase of 37.16% but a recent decline of 2.09% [1] - As of October 29, the stock price is reported at 6.09 yuan per share, with a total market capitalization of 2.335 billion yuan [1] - The company has seen a net inflow of main funds amounting to 312,400 yuan, with significant buying activity [1] Group 2 - Harbin Air Conditioning's main business revenue composition includes 73.07% from petrochemical air coolers, 13.05% from other custom products, and 12.25% from power station air coolers [1] - The company operates in the mechanical equipment sector, specifically in general equipment and refrigeration and air conditioning equipment [2] - As of June 30, the number of shareholders decreased by 32.51% to 28,300, while the average circulating shares per person increased by 48.17% to 13,526 shares [2] Group 3 - The company has distributed a total of 358 million yuan in dividends since its A-share listing, with 7.6668 million yuan distributed in the last three years [3]

本公司董事会、全体董事及相关股东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。 重要内容提示： | | 控股股东、实控人 | 是 | | | --- | --- | --- | --- | | | 控股股东、实控人的一致行动人 | 是 | 否 | | 增持主体名称 增持主体身份 | 哈尔滨工业投资集团有限公司 直接持股 5%以上股东 | 是 | 否 否 | 一、增持主体的基本情况 证券代码：600202 证券简称：哈空调 公告编号：临 2025-051 哈尔滨空调股份有限公司 关于控股股东增持股份进展公告 ● 已披露增持计划情况：哈尔滨空调股份有限公司（以下简称"公司"）控股股 东哈尔滨工业投资集团有限公司（以下简称"工投集团"）计划自 2025 年 4 月 28 日起 12 个月内，以自有资金或自筹资金通过上海证券交易所允许的集 中竞价交易方式增持公司股份，拟计划增持股份数量不低于公司总股本的 1%、 不超过总股本的 2%。具体内容详见公司在指定信息披露媒体及上海证券交易 所网站（www.sse.com.cn）披露的《关于控股股东计划 ...

哈空调公告，截至2025年10月27日，公司控股股东哈尔滨工业投资集团有限公司增持计划期限已过半， 尚未通过集中竞价增持公司股份，增持数量0股、增持金额0、增持比例0；该计划自2025年4月28日至 2026年4月27日实施，拟增持公司总股本的1%至2%，控股股东将根据市场情况继续推进。 ...

Core Viewpoint - Harbin Air Conditioning Co., Ltd. (哈空调) has shown a significant stock price increase of 36.49% year-to-date, with recent trading activity indicating a slight upward trend in the short term [1][2]. Company Overview - Harbin Air Conditioning Co., Ltd. was established on June 25, 1993, and listed on June 3, 1999. The company is located in Harbin, Heilongjiang Province, and specializes in the design, manufacturing, and sales of various high, medium, and low-pressure air coolers [1]. - The main revenue composition includes: petrochemical air coolers (73.07%), other customized products (13.05%), power station air coolers (12.25%), and other categories (1.63%) [1]. Financial Performance - For the first half of 2025, Harbin Air Conditioning reported an operating income of 549 million yuan, a year-on-year decrease of 22.53%. The net profit attributable to the parent company was -7.64 million yuan, representing a year-on-year decrease of 185.86% [2]. - The company has distributed a total of 358 million yuan in dividends since its A-share listing, with cumulative distributions of 7.67 million yuan over the past three years [3]. Stock Market Activity - As of October 21, the stock price of Harbin Air Conditioning was 6.06 yuan per share, with a trading volume of 26.19 million yuan and a turnover rate of 1.14%, resulting in a total market capitalization of 2.323 billion yuan [1]. - The stock has appeared on the "Dragon and Tiger List" six times this year, with the most recent appearance on April 1, where it recorded a net purchase of 45.05 million yuan [1]. Shareholder Information - As of June 30, the number of shareholders for Harbin Air Conditioning was 28,300, a decrease of 32.51% from the previous period. The average circulating shares per person increased by 48.17% to 13,526 shares [2].

Core Viewpoint - Harbin Air Conditioning Co., Ltd. (哈空调) has shown a mixed performance in stock price and financial results, with a notable increase in stock price year-to-date but a decline in revenue and net profit for the first half of 2025 [1][2]. Financial Performance - As of October 20, Harbin Air Conditioning's stock price increased by 33.11% year-to-date, with a recent price of 5.91 CNY per share and a total market capitalization of 2.266 billion CNY [1]. - For the first half of 2025, the company reported a revenue of 549 million CNY, a year-on-year decrease of 22.53%, and a net profit of -7.64 million CNY, representing a decline of 185.86% [2]. Stock Market Activity - The stock has experienced a net outflow of 942,000 CNY in principal funds, with significant buying and selling activity noted [1]. - Harbin Air Conditioning has appeared on the "龙虎榜" (top trading list) six times this year, with the most recent appearance on April 1, where it recorded a net buying of 45.054 million CNY [1]. Business Overview - The company specializes in the design, manufacturing, and sales of various high, medium, and low-pressure air coolers, with its main revenue sources being petrochemical air coolers (73.07%), custom products (13.05%), and power station air coolers (12.25%) [1]. - The company is categorized under the mechanical equipment industry, specifically in the refrigeration and air conditioning equipment sector [2]. Shareholder Information - As of June 30, the number of shareholders decreased by 32.51% to 28,300, while the average circulating shares per person increased by 48.17% to 13,526 shares [2]. Dividend Information - Since its A-share listing, Harbin Air Conditioning has distributed a total of 358 million CNY in dividends, with 7.6668 million CNY distributed over the past three years [3].

Industry Overview - The report by Zhiyan Consulting analyzes the market status and development prospects of the air conditioning industry in China from 2025 to 2031 [1] - According to the National Bureau of Statistics, the production of room air conditioners in China reached 30.83 million units in April 2025, representing a year-on-year growth of 1.6% [1] - Cumulatively, from January to April 2025, the total production of room air conditioners was 105.314 million units, showing a cumulative growth of 7.2% [1] Key Companies - Listed companies in the air conditioning sector include Gree Electric Appliances (000651), Midea Group (000333), Haier Smart Home (600690), Hisense Home Appliances (000921), TCL Technology (000100), and Harbin Air Conditioning (600202) [1]

Core Viewpoint - Harbin Air Conditioning Co., Ltd. plans to terminate the "Joint Action Agreement" with its controlling shareholder, Harbin Industrial Investment Group Co., Ltd., due to changes in operational strategies and management needs, while still retaining significant shareholdings in Harbin Fushan Chuan Biotechnology Development Co., Ltd. [2][5][15] Group 1: Termination of Joint Action Agreement - The termination of the "Joint Action Agreement" allows Harbin Air Conditioning to focus on its core business and optimize resource allocation [5][15] - After the termination, Harbin Air Conditioning will hold 40.00% of Fushan Chuan, while Harbin Industrial Investment Group will hold 35.00%, and Japan's Aiwandi will hold 25.00% [2][15] - The decision to terminate the agreement was made after friendly negotiations and is classified as a related party transaction, requiring shareholder approval [2][5] Group 2: Financial and Operational Context - Harbin Air Conditioning and its controlling shareholder previously invested a total of RMB 5,000,000 in Fushan Chuan, with Harbin Air Conditioning contributing RMB 2,681.25 million [3][4] - Fushan Chuan reported a net loss of RMB 1,609.63 million for 2024, which is 218.83% of Harbin Air Conditioning's previous year's net profit [24][29] - The termination of the agreement is expected to facilitate the sale of Harbin Air Conditioning's 40% stake in Fushan Chuan, enhancing operational efficiency and reducing management costs [5][15] Group 3: Financing Activities - Harbin Air Conditioning plans to apply for a total of RMB 12,000 million in loans from various financial institutions to support its operational needs and project implementations [17][20] - The financing activities have been approved by the board and do not require further shareholder approval [18][19]

Core Points - The company, 哈空调, announced plans to apply for a total of RMB 12.0 million in credit facilities from various banks [2] - The company will seek a comprehensive credit facility of RMB 120 million from 兴业银行 [2] - The company plans to apply for a medium to long-term fixed asset project loan of RMB 55 million from 国家开发银行 [2] - Additionally, the company intends to apply for a medium to long-term fixed asset project loan of RMB 45 million from 中国银行 [2] - These matters have been approved by the company's seventh temporary board meeting of 2025 and do not require submission to the shareholders' meeting for approval [2]

Core Viewpoint - Harbin Air Conditioning (哈空调) is restructuring its investment in Fushan Chuan Biotechnology Development Co., Ltd. (富山川) by terminating the joint action agreement with its controlling shareholder, Harbin Industrial Investment Group Co., Ltd. (哈工投), and plans to transfer its 40% stake in Fushan Chuan to optimize its asset structure and focus on core business operations [1][2]. Group 1 - The joint action agreement with Harbin Industrial Investment Group was signed on November 22, 2021, to ensure stable operations and development of Fushan Chuan, but has now been terminated due to changes in business strategies and management needs [1]. - After the termination, Harbin Air Conditioning will retain a 40% stake in Fushan Chuan, while Harbin Industrial Investment Group will hold 35% and Japan's Aiwandi Co., Ltd. will hold 25% [1]. - The transfer of the 40% stake in Fushan Chuan is part of the company's management measures to enhance efficiency and will be submitted for shareholder approval [2]. Group 2 - Fushan Chuan reported a net profit of -16.0963 million yuan for 2024, which is 218.83% of the absolute value of the previous year's net profit, necessitating shareholder approval for the transaction [2]. - The company has faced declining revenue and profits over the past three years due to insufficient market competitiveness and lack of synergy with Harbin Air Conditioning's core business [2]. - The divestment is expected to positively impact Harbin Air Conditioning's financial status and operational results, although the final effects will be confirmed after the transaction is completed and audited [2]. Group 3 - Harbin Air Conditioning is a state-controlled listed company that specializes in air cooling systems for various industries, including petrochemicals and power generation, and has established strong customer relationships with major enterprises [3]. - The company aims to enhance its international presence and competitiveness by focusing on three core markets: petrochemicals, power generation, and international expansion [3].