投资者可于 2025 年 10 月 31 日(星期五)至 11 月 05 日(星期三)16:00 前 登录上证路演中心网站首页点击"提问预征集"栏目或通过公司投资者关系邮箱 zqb@hongfa.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行回 答。 宏发科技股份有限公司（以下简称"公司"）已于 2025 年 10 月 31 日发布公司 2025 年第三季度报告，为便于广大投资者更全面深入 地了解公司 2025 年第三季度经营成果、财务状况，公司计划于 2025 年 11 月 5 日下午 16:00 - 17:00 举行 2025 年第三季度业绩说明会， 就投资者关心的问题进行交流。 | 证券代码：600885 | 证券简称：宏发股份 | 编 | 号：临 | 2025—047 | | --- | --- | --- | --- | --- | | 债券代码：110082 | 债券简称：宏发转债 | | | | 宏发科技股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 本公司董事会及全体董事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 ...

| 股票代码：600885 | 公司简称：宏发股份 | 公告编号：临 2025-045 | | --- | --- | --- | | 债券代码：110082 | 债券简称：宏发转债 | | 为进一步提高公司及子公司闲置自有资金的使用效率、增加公司收益，为公司及股东获 取更多的投资回报，根据公司目前的资金状况，将使用合计不超过人民币 30 亿元进行委托 理财，在此额度内资金可以滚动使用。 本公司董事会及全体董事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。 （一）、董事会会议召开情况 宏发科技股份有限公司（以下简称"公司"或者"宏发股份"）于 2025 年 10 月 25 日以 电子邮件和电话通知的方式向公司全体董事和高级管理人员发出召开第十一届董事会第九次 会议的通知，会议于 2025 年 10 月 30 日上午在公司会议室以通讯方式召开。会议应到董事 9 名，实到董事 9 名，公司高级管理人员列席会议。会议由董事长郭满金先生主持，会议的召 集和召开符合《公司法》、《证券法》和《公司章程》的有关规定，会议决议合法有效。 （二）、董事会会议审议情 ...

Core Viewpoint - Hongfa Co., Ltd. reported significant revenue and profit growth for the third quarter of 2025, indicating strong operational performance and positive market conditions [1] Financial Performance - In Q3 2025, the company achieved a revenue of 4.567 billion yuan, representing a year-on-year increase of 25.54% [1] - The net profit attributable to shareholders for Q3 2025 was 506 million yuan, reflecting a year-on-year growth of 18.95% [1] - Basic earnings per share for Q3 2025 stood at 0.3464 yuan [1] - For the first three quarters of 2025, the total revenue reached 12.914 billion yuan, with a year-on-year increase of 18.82% [1] - The net profit attributable to shareholders for the first three quarters was 1.47 billion yuan, showing a year-on-year growth of 15.78% [1] - Basic earnings per share for the first three quarters were reported at 1.0069 yuan [1]

证券代码：600885 证券简称：宏发股份 宏发科技股份有限公司 2025 年第三季度报告 本公司董事会及全体董事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： 公司董事会及董事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假记载、误 导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 宏发科技股份有限公司 2025 年第三季度报告 第三季度财务报表是否经审计 □是 √否 一、主要财务数据 （一） 主要会计数据和财务指标 单位：元 币种：人民币 | | | 本报告期比 | | 年初至报告期 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 上年同期增 | 年初至报告期末 | 末比上年同期 | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 4,567,057,750.48 | 25.54 | 12,914,117 ...

Core Viewpoint - Hongfa Co., Ltd. reported strong financial performance in Q3, with significant year-on-year growth in both revenue and net profit [1] Financial Performance - Q3 revenue reached 4.567 billion yuan, representing a year-on-year increase of 25.54% [1] - Q3 net profit was 506 million yuan, showing a year-on-year growth of 18.95% [1] - For the first three quarters, total revenue amounted to 12.914 billion yuan, reflecting an 18.82% year-on-year increase [1] - Net profit for the first three quarters was 1.47 billion yuan, which is a 15.78% increase compared to the same period last year [1]

Investment Rating - The report recommends investment in the electric power equipment industry, highlighting specific companies for potential investment opportunities [1][3]. Core Insights - Lithium battery material prices continue to rise, with domestic lithium hexafluorophosphate averaging 95,000 yuan/ton, up 20.25% month-on-month, and export prices at 104,000 yuan/ton, up 20.93% [1]. - The average winning bid price for lithium battery energy storage systems increased to 0.4771 yuan/Wh in September 2025, reflecting a 4.33% month-on-month rise [1]. - The report emphasizes the ongoing high demand in the wind power sector, with a target of adding no less than 120GW of new installed capacity annually during the 14th Five-Year Plan period [3]. - The Indian market shows strong demand for photovoltaic installations, with 29.5GW added in the first three quarters of 2025, a 70% year-on-year increase [3]. Summary by Sections Lithium Battery Materials - Domestic lithium hexafluorophosphate prices are at 95,000 yuan/ton, a 20.25% increase month-on-month, while export prices are at 104,000 yuan/ton, up 20.93% [1]. - Recommended companies in the lithium battery sector include Zhuhai Guanyu, Shangtai Technology, and XWANDA [1]. Energy Storage Systems - The average winning bid price for lithium battery energy storage systems reached 0.4771 yuan/Wh in September 2025, marking a 4.33% increase month-on-month [1]. - Recommended companies in the energy storage sector include Yiwei Lithium Energy, Sungrow Power, and CATL [1]. Wind Power - The "Wind Energy Beijing Declaration 2.0" sets a target of at least 120GW of new installed capacity annually during the 14th Five-Year Plan, with a cumulative target of 1,300GW by 2030 [3]. - Recommended companies in the wind power sector include Goldwind Technology and Daikin Heavy Industries [3]. Photovoltaic Market - India added 29.5GW of new photovoltaic capacity in the first three quarters of 2025, a 70% year-on-year increase [3]. - Recommended companies in the photovoltaic sector include Aiko Solar, LONGi Green Energy, and Mibet [3].

证券日报网讯 10月21日晚间，宏发股份发布公告称，公司于2021年10月28日发行的可转换公司债券将 于2025年10月28日开始支付自2024年10月28日至2025年10月27日期间的利息。 （文章来源：证券日报） ...

| 股票代码：600885 | 公司简称：宏发股份 | 公告编号：临 2025-044 | | --- | --- | --- | | 债券代码：110082 | 债券简称：宏发转债 | | 宏发科技股份有限公司 关于"宏发转债"2025年付息公告 本公司董事会及全体董事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个别及连带责任。 重要内容提示： 宏发科技股份有限公司（以下简称"公司"或"本公司"）于 2021 年 10 月 28 日发行的可转换公司债券（以下简称"可转债"）将于 2025 年 10 月 28 日开始支付自 2024 年 10 月 28 日至 2025 年 10 月 27 日期间的利息。根据 《宏发科技股份有限公司公开发行可转换公司债券募集说明书》（以下简称"募 集说明书"） 有关条款的规定，现将有关事项公告如下： 一、宏发转债发行上市概况 6、面值和发行价格：本次可转债每张面值为人民币 100 元，按面值发行 7、债券期限：6 年，自 2021 年 10 月 28 日至 2027 年 10 月 27 日 ● 可转债付息债权登记日：2025 ...

Market Overview - The Shanghai Composite Index rose by 0.10% on October 16, with seven industries experiencing gains, led by coal and banking sectors, which increased by 2.35% and 1.35% respectively [1] - The power equipment industry saw a slight increase of 0.06%, while the steel and non-ferrous metals sectors faced declines of 2.14% and 2.06% respectively [1] Capital Flow Analysis - The main capital outflow from the two markets totaled 54.29 billion yuan, with five industries seeing net inflows, primarily in the banking sector, which attracted 939 million yuan [1] - The telecommunications sector also experienced a net inflow of 895 million yuan, with a daily increase of 0.74% [1] - The non-ferrous metals industry had the largest net outflow, totaling 9.24 billion yuan, followed by the electronics sector with a net outflow of 7.40 billion yuan [1] Power Equipment Industry Performance - The power equipment industry had 363 stocks, with 82 stocks rising and 279 stocks declining; three stocks hit the daily limit up while one stock hit the limit down [2] - Among the stocks with net inflows, Jiangte Electric led with a net inflow of 540 million yuan, followed by Sungrow Power and Hongfa Technology with inflows of 419 million yuan and 243 million yuan respectively [2] - The industry faced a total net outflow of 6.90 billion yuan, with 25 stocks experiencing outflows exceeding 100 million yuan, led by CATL with an outflow of 809 million yuan [2][4] Top Gainers in Power Equipment - Jiangte Electric saw a price increase of 6.56% with a turnover rate of 14.49% and a main capital flow of 539.93 million yuan [2] - Sungrow Power increased by 7.66% with a capital flow of 419.28 million yuan, while Hongfa Technology rose by 7.74% with a flow of 243.35 million yuan [2] Top Losers in Power Equipment - CATL experienced a slight decline of 0.22% with a significant outflow of 809.10 million yuan [4] - Shanghai Electric and Wolong Electric Drive saw declines of 3.70% and 3.62% respectively, with outflows of 543.32 million yuan and 463.95 million yuan [4]

Core Insights - The power equipment sector experienced a slight increase of 0.47% on the previous trading day, with Tongda Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3916.23, up 0.1%, while the Shenzhen Component Index closed at 13086.41, down 0.25% [1] Stock Performance - Tongda Co., Ltd. (002560) closed at 9.09, up 10.05% with a trading volume of 579,700 shares and a transaction value of 522 million yuan [1] - Sifang Co., Ltd. (601126) closed at 27.37, up 10.01% with a trading volume of 1,104,300 shares and a transaction value of 2.94 billion yuan [1] - Huaming Equipment (002270) closed at 25.20, up 8.29% with a trading volume of 369,100 shares and a transaction value of 897 million yuan [1] - Hongfa Co., Ltd. (600885) closed at 28.66, up 7.74% with a trading volume of 853,700 shares and a transaction value of 2.42 billion yuan [1] - Other notable performers include Hongyuan Co., Ltd. (920018) and Guancheng New Materials (600067), with increases of 7.35% and 6.20% respectively [1] Fund Flow Analysis - The power equipment sector saw a net outflow of 2.223 billion yuan from institutional investors, while retail investors contributed a net inflow of 1.069 billion yuan [2] - Notable net inflows from retail investors were observed in stocks like Huaming Equipment (002270) and Anke Rui (300286) [3] - Major stocks such as Hongfa Co., Ltd. (600885) and Tongda Co., Ltd. (002560) experienced significant net outflows from institutional investors [3]