截至发稿，泰豪科技市值为78亿元。 每经头条（nbdtoutiao）——段睿：我与蔡磊是 "找钥匙的人"，纵使生前寻不到，也要为其他渐冻症患 者铺就近路 （记者 张明双） 每经AI快讯，泰豪科技（SH 600590，收盘价：9.2元）11月18日晚间发布公告称，公司第九届第八次董 事会会议于2025年11月18日以视频会议方式召开。会议审议了《关于为控股子公司提供担保的议案》等 文件。 2025年1至6月份，泰豪科技的营业收入构成为：应急装备业务占比66.49%，装备信息业务占比 32.08%，售后服务占比0.68%，房租及物业管理类占比0.66%，材料让售占比0.09%。 ...

南财智讯11月18日电，泰豪科技公告，公司于2025年11月18日召开第九届董事会第八次会议，审议通过 为控股子公司福建泰豪海德馨汽车有限公司（简称"海德馨"）提供不超过2.40亿元贷款本金及相应利 息、违约金、损害赔偿金、债权人实现债权的费用等连带责任保证担保的议案。本次担保用于支持海德 馨在龙岩市新罗区能源互联网产业园区扩建生产基地的资金需求。截至目前，公司对海德馨的实际担保 余额为21,636万元。本次担保事项尚需提交公司股东会审议。截至公告日，公司及其控股子公司对外担 保总额为218,885.00万元（不含本次），占公司最近一期经审计净资产的70.80%。公司及子公司不存在 逾期担保和违规担保情形。 ...

Core Insights - The data center industry in China is experiencing significant growth driven by "new infrastructure" initiatives and the increasing demand for computing power, with the total number of operational racks expected to reach 10.85 million by June 2025, doubling from the end of 2021 [1][11] - The power supply system is critical for data centers, typically consisting of the grid, UPS, and diesel generators, where UPS provides short-term power backup and diesel generators ensure longer operational continuity [1][2] - The demand for diesel generators in data centers is projected to increase significantly, with an expected need for 4,555 units in 2024, representing a year-on-year growth of 66.9%, and over 5,600 units anticipated in 2025 [1][12] Industry Overview - Diesel engines are essential for data centers, providing backup power to prevent service interruptions and data loss during outages [2][4] - The construction cost of data centers is divided into IT hardware (60%), supporting infrastructure (30%), and civil engineering (10%), with diesel generators accounting for 6-7% of the total construction cost [4][5] Market Demand - The demand for high-end diesel generators is surging due to the ongoing construction of data centers, with a notable increase in the need for diesel engines [1][12] - The market for diesel engines in data centers is currently dominated by foreign companies like Cummins and MTU, which have established a duopoly, while domestic companies like Weichai Heavy Machinery play a minor role [1][12] Competitive Landscape - The foreign dominance in the diesel engine market is attributed to their technological advantages and established market presence, but domestic manufacturers are improving their capabilities and competitiveness [1][12] - Domestic companies are focusing on R&D and have made significant advancements in engine performance metrics, positioning themselves to capture a larger market share [1][12] Future Trends - The diesel engine market for data centers is expected to grow, with demand projected to exceed 7,000 units by 2027, driven by the increasing reliability requirements for power supply due to the rise of cloud computing and AI [1][12] - The industry is also moving towards higher efficiency and lower carbon emissions in line with environmental regulations, which will shape the future development of diesel engines [1][12]

Core Viewpoint - The company is enhancing its technological innovation and application in energy storage, particularly through the integration of diesel and storage solutions, and is exploring opportunities in microgrid projects [1]. Group 1: Company Developments - The company has increased its focus on the integration of diesel storage products and energy storage technology [1]. - The company is leveraging its existing emergency distribution system to expand into the "diesel generation + energy storage" and microgrid sectors [1]. - A microgrid project developed in collaboration with Chongqing Cummins has successfully commenced operations at Cummins' global high-horsepower engine factory [1]. Group 2: Industry Applications - The primary areas for promoting and applying energy storage and grid products include microgrid solutions and emergency power systems [1]. - The company is actively seeking typical application cases to demonstrate the effectiveness of its energy storage solutions [1].

Core Viewpoint - The company is enhancing technological innovation and results transformation in its energy storage integration products, focusing on opportunities in the "energy generation + storage" and microgrid sectors [1] Group 1 - The company is leveraging its existing emergency distribution system to expand its energy storage business [1] - The subsidiary, Taihao Power, has successfully launched a microgrid project in collaboration with Cummins at Cummins' global high-power engine factory [1]

Core Insights - Taihao Technology, established in 1996 and listed in 2002, is a significant player in the military electronics and smart power sectors in China, with a comprehensive industry chain advantage and advanced product technology [1] Financial Performance - In Q3 2025, Taihao Technology achieved a revenue of 2.903 billion yuan, ranking 8th among 64 companies in the industry, with the industry leader, AVIC Chengfei, reporting 48.286 billion yuan [2] - The net profit for the same period was 90.7077 million yuan, placing the company 17th in the industry, while the top performer reported a net profit of 2.175 billion yuan [2] Financial Ratios - As of Q3 2025, Taihao Technology's debt-to-asset ratio was 64.71%, down from 68.86% year-on-year, significantly higher than the industry average of 32.84% [3] - The gross profit margin for Q3 2025 was 19.87%, an increase from 18.03% year-on-year, but still below the industry average of 34.84% [3] Executive Compensation - The chairman, Li Ziqiang, received a salary of 525,000 yuan in 2024, a decrease of 76,800 yuan from 2023 [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 13.88% to 96,900, while the average number of circulating A-shares held per shareholder increased by 16.12% to 8,709.79 [5]

股票代码：600590 股票简称：泰豪科技 公告编号：临 2025-062 泰豪科技股份有限公司 一、本次交易的基本情况 泰豪科技股份有限公司（以下简称"公司"）拟通过发行股份的方式向北京 国发航空发动机产业投资基金中心（有限合伙）、中兵国调（厦门）股权投资基 金合伙企业（有限合伙）、中兵投资管理有限责任公司、重庆泰和峰私募股权投 资基金合伙企业（有限合伙）、榆林市煤炭资源转化引导基金合伙企业（有限合 伙）购买其合计持有的江西泰豪军工集团有限公司 27.46%股权（以下简称"本 次交易"）。 根据《上市公司重大资产重组管理办法》等相关法律法规规定，本次交易不 构成重大资产重组，预计构成关联交易，不构成重组上市，本次交易不会导致公 司实际控制人发生变更。 二、本次交易的历史披露情况 因筹划本次交易，根据上海证券交易所的相关规定，经公司申请，公司股票 （股票简称：泰豪科技；股票代码：600590）自 2025 年 3 月 24 日开市起停牌。 具体内容详见公司于 2025 年 3 月 25 日披露的《关于筹划发行股份购买资产暨关 联交易事项停牌公告》（公告编号：临 2025-017）。 关于发行股份购买资产暨关联 ...

Group 1 - The company plans to issue shares to acquire a 27.46% stake in Jiangxi Taihao Military Industry Group held by Beijing Guofa Aviation Engine Industry Investment Fund, which does not constitute a major asset reorganization and is expected to be an affiliated transaction [1] - The company's stock will be suspended from trading starting March 24, 2025, and is set to resume trading on April 8, 2025 [1] - The company will continue to advance the transaction, coordinating the completion of the target company's audit and evaluation, and negotiating transaction details before convening a board meeting for review [1] Group 2 - The transaction requires multiple decisions and approvals, indicating uncertainty regarding its implementation [1]

Core Insights - The company, Taihao Technology (600590.SH), reported a total operating revenue of 2.903 billion yuan for Q3 2025, marking an increase of 320 million yuan compared to the same period last year, which represents a year-on-year growth of 12.40% [1] - The net profit attributable to shareholders reached 49.0114 million yuan, an increase of 249 million yuan from the previous year, ranking 20th among disclosed peers [1] - The company experienced a net cash outflow from operating activities of 216 million yuan [1] Financial Ratios - The latest debt-to-asset ratio stands at 64.71%, a decrease of 4.16 percentage points from the same period last year [3] - The gross profit margin is reported at 19.87%, which is an increase of 0.15 percentage points from the previous quarter and an increase of 1.84 percentage points year-on-year [3] - The return on equity (ROE) is 1.53%, ranking 22nd among disclosed peers, with an increase of 7.65 percentage points compared to the same period last year [3] Earnings Per Share and Turnover Ratios - The diluted earnings per share is reported at -0.07 yuan, an increase of 0.17 yuan from the same period last year [3] - The total asset turnover ratio is 0.24 times, ranking 16th among disclosed peers, with a year-on-year increase of 24.03% and a rise of 0.05 times from the previous year [3] - The inventory turnover ratio is 0.92 times, ranking 19th among disclosed peers [3] Shareholder Information - The number of shareholders is 96,900, with the top ten shareholders holding a total of 346 million shares, accounting for 40.55% of the total share capital [3] - The largest shareholder is Tongfang Co., Ltd., holding 19.6% of shares, followed by Taihao Group Co., Ltd. with 15.0% [3]

Core Points - The board of directors and senior management of the company guarantee the authenticity, accuracy, and completeness of the quarterly report, assuming legal responsibility for any misrepresentation or omissions [2][3]. Financial Data Summary - The financial report for the third quarter is not audited, and the main financial data is presented in RMB [3]. - Non-recurring gains and losses include a loss of 17.10 million yuan from financial assets, with a gain of 31.66 million yuan from Guokai Military Industry and a loss of 48.78 million yuan from other financial assets' fair value changes [4]. - The report indicates that the company has not recognized any significant changes in accounting data or financial indicators [5]. Shareholder Information - The total number of ordinary shareholders and the situation of the top ten shareholders are provided, with specific details about the shares held by Shenzhen High-tech Investment Group Co., Ltd. [5][6]. - A significant portion of the shares held by Shenzhen High-tech Investment Group is still under lock-up due to performance compensation issues related to the original shareholder [6]. Other Important Information - The financial statements for the first nine months of 2025 are prepared but are not audited [6][7]. - The company will not apply new accounting standards or interpretations starting from 2025 [7].