证券代码：601096 证券简称：宏盛华源 公告编号：2025-041 宏盛华源铁塔集团股份有限公司 关于部分闲置募集资金现金管理到期赎回 并继续进行现金管理的公告 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、准确性和完整性承担法律责任。 现金管理受托方：中国银行股份有限公司济南泉城支行（以下 简称"中国银行"）。 现金管理金额：人民币 31,000.00 万元 现金管理产品名称及期限：购买中国银行单位大额存单，金额 31,000.00 万元，购买期限 3 个月。 履行的审议程序：宏盛华源铁塔集团股份有限公司（以下简称 "宏盛华源"或"公司"）于 2025 年 4 月 9 日召开第二届董事会第九次 会议、第二届监事会第九次会议，审议通过了《关于使用部分闲置募 集资金进行现金管理的议案》，同意使用最高不超过人民币 31,000.00 万元的暂时闲置募集资金进行现金管理，购买安全性高、流动性好的 保本型产品。使用期限不超过 12 个月，自董事会审议通过之日起 12 个月之内有效。保荐人中银国际证券股份有限公司对本事项出具了明 确的核查意见。具体内容详见《宏 ...

Investment Rating - The investment rating for the company is "Buy" and it is maintained [6]. Core Views - The company is expected to achieve a significant increase in performance, with a forecasted net profit attributable to shareholders of 193-214 million yuan, representing a year-on-year growth of 90.99%-111.77%. The non-recurring net profit is expected to be 184-205 million yuan, indicating a growth of 154.98%-184.08% [2][4]. - The growth is attributed to the company's active market expansion and continuous cost reduction and efficiency improvement through process innovation and optimized procurement, enhancing overall profitability [9]. - The company anticipates that the robust demand for electricity, driven by high temperatures and economic growth, will lead to increased investment in the power grid, positively impacting its business [9]. Summary by Sections Company Performance - The company forecasts a net profit of approximately 360 million yuan for 2025, corresponding to a PE ratio of about 32.5 times [9]. Market Context - In the first five months of 2025, the national power grid investment reached 204 billion yuan, a year-on-year increase of 19.8%, indicating a significant uptick in investment scale [9]. - The total electricity consumption in the first five months of 2025 was 39,665 billion kilowatt-hours, showing a year-on-year growth of 3.4% [9]. Financial Data - The current stock price is 4.36 yuan, with a total share capital of 267,516 million shares and a net asset per share of 1.68 yuan [6].

Summary of Conference Call Records Company and Industry Overview - The conference call pertains to Hongsheng Huayuan Tower Group Co., Ltd., a company operating in the tower manufacturing industry, particularly focusing on power transmission towers and related technologies [2][7]. Key Points and Arguments - **Governance and Compliance**: The company has improved its governance structure, implementing a three-in-one operational mechanism and enhancing its internal control system. This has led to a significant increase in the effectiveness of independent directors [3]. - **Financial Performance**: The company reported a robust financial performance with a year-on-year increase of 85.52% in net profit attributable to shareholders, reaching 230 million yuan. The gross profit margin improved by 1.35 percentage points to 8.89% [6]. - **Market Position**: The company maintains a leading market share in major bidding projects from State Grid and Southern Power Grid, solidifying its competitive edge in the industry [3]. - **Cost Management**: There has been a focus on cost control through centralized procurement, which has contributed to enhanced profitability [4]. - **Research and Development**: The company is committed to increasing R&D investments, having filed 124 patents and collaborated with Chongqing University on technology innovation [4]. - **Social Responsibility**: The company emphasizes its role in social responsibility, engaging in various public welfare activities and supporting rural revitalization initiatives [5]. Additional Important Content - **Future Growth Opportunities**: The company is poised to benefit from the national dual carbon strategy and the accelerated construction of a new power system, with expected record investments from major power grids in 2025 [7]. - **International Expansion**: There is a strategic focus on expanding international business, particularly in line with the Belt and Road Initiative, to capture new market opportunities [8]. - **Technological Advancements**: The company is advancing its manufacturing capabilities by establishing smart factories and optimizing production processes, which are expected to enhance productivity and innovation [8][9]. Conclusion - Hongsheng Huayuan Tower Group Co., Ltd. is positioned for significant growth driven by strong governance, financial performance, and strategic initiatives in R&D and international expansion, while also fulfilling its social responsibilities and contributing to national energy goals [9].

Core Viewpoint - The company expects to achieve significant profit growth in the first half of 2025, with net profit projected to increase by over 50% compared to the same period last year [2][4]. Financial Performance Forecast - The company anticipates a net profit attributable to shareholders of between 193 million to 214 million yuan for the first half of 2025, representing an increase of 92 million to 113 million yuan, or a year-on-year growth of 90.99% to 111.77% [2][4]. - The expected net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between 184 million to 205 million yuan, which is an increase of 112 million to 133 million yuan, translating to a year-on-year increase of 154.98% to 184.08% [2][4]. Previous Year Performance - In the same period last year, the total profit was 131 million yuan, with a net profit attributable to shareholders of 101 million yuan, and a net profit after deducting non-recurring gains and losses of 72 million yuan [6]. Reasons for Profit Increase - The profit increase is attributed to the company's proactive market expansion, process innovation, and cost optimization efforts, which have enhanced overall profitability [8].

Core Viewpoint - The company expects to achieve profitability in the first half of 2025, with a significant increase in net profit compared to the same period last year [1] Financial Performance Forecast - The company anticipates a net profit attributable to shareholders of between 193 million to 214 million yuan for the first half of 2025, representing an increase of 92 million to 113 million yuan, or a year-on-year growth of 90.99% to 111.77% [1] - The expected net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between 184 million to 205 million yuan, which indicates an increase of 112 million to 133 million yuan, or a year-on-year growth of 154.98% to 184.08% [1] Previous Year Performance - In the same period last year, the total profit was 131 million yuan, with a net profit attributable to shareholders of 101 million yuan, and a net profit after deducting non-recurring gains and losses of 72 million yuan [2] - The earnings per share for the previous year was 0.0378 yuan per share [2] Reasons for Performance Increase - The increase in performance is primarily attributed to ongoing cost reduction and efficiency enhancement efforts, which have improved the company's overall profitability [2]

[Hongchenghuayuan Iron Tower Group Co., Ltd. 2025 Semi-Annual Performance Forecast Analysis](index=1&type=section&id=Hongchenghuayuan%20Iron%20Tower%20Group%20Co.%2C%20Ltd.%202025%20Semi-Annual%20Performance%20Forecast) [Performance Forecast Summary](index=1&type=section&id=Key%20Highlights) The company anticipates significant profit growth for the first half of 2025, with net profit attributable to shareholders expected to increase by 90.99% to 111.77%, and non-recurring net profit by 154.98% to 184.08% - The company expects to achieve profitability in the first half of 2025, with net profit growing by over **50%** compared to the same period last year[2](index=2&type=chunk) 2025 Semi-Annual Performance Forecast Core Indicators | Indicator | Estimated Amount (RMB) | Year-on-Year Growth Rate | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | RMB 193 million - RMB 214 million | 90.99% - 111.77% | | Non-Recurring Net Profit Attributable to Shareholders | RMB 184 million - RMB 205 million | 154.98% - 184.08% | [Details of Current Period Performance Forecast](index=1&type=section&id=I.%20Current%20Period%20Performance%20Forecast) This report details performance forecast data for January 1 to June 30, 2025, with preliminary estimates for net profit attributable to shareholders between RMB 193 million and RMB 214 million, and non-recurring net profit between RMB 184 million and RMB 205 million, noting these figures are unaudited - The performance forecast covers the period from January 1, 2025, to June 30, 2025[2](index=2&type=chunk) 2025 Semi-Annual Performance Forecast Detailed Data | Forecast Item | Estimated Amount (RMB) | Increase from Prior Year (RMB) | Year-on-Year Growth Rate | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | RMB 193 million - RMB 214 million | RMB 92 million - RMB 113 million | 90.99% - 111.77% | | Net Profit After Non-Recurring Items | RMB 184 million - RMB 205 million | RMB 112 million - RMB 133 million | 154.98% - 184.08% | - This performance forecast represents the company's preliminary estimates based on operational conditions and has not been audited by a certified public accountant[3](index=3&type=chunk) [Prior Year Performance Comparison](index=2&type=section&id=II.%20Prior%20Year%20Performance) This report presents key financial data for the same period last year, including net profit attributable to shareholders of RMB 101 million, non-recurring net profit of RMB 72 million, and earnings per share of RMB 0.0378 Prior Year Performance Data | Prior Year Indicator | Amount (RMB) | | :--- | :--- | | Total Profit | RMB 131 million | | Net Profit Attributable to Shareholders | RMB 101 million | | Net Profit After Non-Recurring Items | RMB 72 million | | Earnings Per Share | RMB 0.0378/share | [Analysis of Performance Growth Drivers](index=2&type=section&id=III.%20Main%20Reasons%20for%20Current%20Period%20Performance%20Increase) The company attributes the significant profit growth in the first half of 2025 to proactive market expansion and continuous cost reduction and efficiency improvement measures, including process innovation and optimized procurement - The primary driver of performance growth stems from the company's proactive market expansion efforts[5](index=5&type=chunk) - The company continuously implemented cost reduction and efficiency improvement initiatives, such as process innovation and optimized procurement, enhancing overall profitability[5](index=5&type=chunk) [Risk Warning and Other Matters](index=2&type=section&id=IV.%20Risk%20Warning) The company confirms no significant uncertainties currently affect the accuracy of this performance forecast, but reminds investors that these are unaudited preliminary figures, and final data will be in the official 2025 semi-annual report, urging caution regarding investment risks - The company confirms there are no significant uncertainties that could affect the accuracy of this performance forecast[6](index=6&type=chunk) - The company advises investors that these forecast figures are unaudited preliminary estimates, and the final data will be subject to the officially released semi-annual report, urging caution regarding investment risks[6](index=6&type=chunk)[7](index=7&type=chunk)

Key Points - The article summarizes important announcements from various listed companies in the Shanghai and Shenzhen stock markets on July 4, providing insights for investors [2] Group 1: Major Corporate Actions - China Shipbuilding Industry Corporation's absorption and merger with China Shipbuilding Industry Group has been approved by the Shanghai Stock Exchange, pending further regulatory approvals [3] - Aerospace Hongtu's controlling shareholder's action party plans to transfer 5.1% of the company's shares to a private equity fund at a price of 19 yuan per share, totaling 253 million yuan [4] - Guotou Zhonglu plans to acquire 100% of China Electronic Engineering Design Institute through a share issuance, with the transaction price yet to be determined [5] - Haitai Development intends to transfer 100% of its subsidiary's equity for 90.6595 million yuan, aiming to optimize its asset structure [6] - Gensun Bio plans to invest approximately 150 million yuan to build an intelligent production and R&D base, expected to be completed by 2028 [7] - Xinhua Insurance intends to invest 11.25 billion yuan to subscribe to a private equity fund, which has a total size of 22.5 billion yuan [8] - Huaming Equipment has raised its share repurchase fund limit from 200 million yuan to 250 million yuan [9] - Aotewei's controlling shareholders plan to transfer 4.99% of the company's shares through a pricing inquiry [10] - Jianke Institute plans to publicly transfer 40% of its stake in Hubei Jiansheng Engineering Technology Consulting Co., Ltd. [11] - Aerospace Electronics plans to increase capital in its subsidiary to enhance its capabilities in unmanned systems [12] Group 2: Financial Performance - Jin Xin Nong reported a 1.23% year-on-year decline in pig sales revenue for the first half of 2025, totaling 763 million yuan [14] - Tianbang Food's June pig sales revenue decreased by 4.01% month-on-month, with a total of 4.143 billion yuan for the first half of 2025 [15] - GAC Group's June automobile sales fell by 8.22% year-on-year, with a total of 755,300 vehicles sold in the first half of 2025, down 12.48% [16] - Pulite expects a net profit increase of 38.88% to 66.65% for the first half of 2025, driven by growth in modified materials and new energy businesses [18] - Zhuye Group anticipates a net profit increase of 50.97% to 75.23% for the first half of 2025, benefiting from rising precious metal prices [19] - Xindong Lian Ke expects a net profit increase of 144.46% to 199.37% for the first half of 2025, supported by sufficient orders and revenue growth [20] - Zhongce Rubber forecasts a net profit decrease of 6.3% to 11.81% for the first half of 2025, due to a one-time gain in the previous year [21] - *ST Sihua expects a net loss of 11 million to 17 million yuan for the first half of 2025, despite significant sales order growth [22] - Sankeshu anticipates a net profit increase of 80.94% to 119.04% for the first half of 2025, driven by growth in retail business and improved gross margins [23] Group 3: Major Contracts and Shareholding Changes - Hongsheng Huayuan's subsidiary is expected to win a bid for a project worth approximately 1.127 billion yuan from the Southern Power Grid [25] - Times New Materials signed contracts worth approximately 2.711 billion yuan for wind turbine blade sales in the second quarter of 2025 [26] - Guojian Group's controlling shareholder reduced its holdings of convertible bonds by 900,000 units, accounting for 11.25% of the total issuance [27] - Yue Wanniang's controlling shareholder plans to reduce its stake by up to 6% through various trading methods [28] - Maipu Medical's shareholder plans to reduce its stake by up to 665,100 shares, representing 0.9999% of the total shares [29] - Jiulian Technology's directors and senior management plan to reduce their holdings by up to 2.61% of the total shares [30] - *ST Huawang's shareholder plans to reduce its stake by up to 1.76% through trading methods [32]

Corporate Announcements - Aerospace Hongtu's controlling shareholder plans to transfer 5.1% of the company's shares, totaling 13.33 million shares at a price of 19 yuan per share, amounting to 253 million yuan [3] - Haitai Development intends to transfer 100% equity of its subsidiary for 90.66 million yuan, which is part of its strategic transformation to optimize asset structure [4] - G-Biosciences plans to invest approximately 150 million yuan to build an intelligent production and R&D base, expected to be completed by 2028 [5] - New China Life Insurance intends to invest 11.25 billion yuan to subscribe to a private fund, which has a total scale of 22.5 billion yuan [6] - Huaming Equipment has increased its share repurchase fund limit from 200 million yuan to 250 million yuan [7] Performance Updates - Jinxinnong reported a 1.23% year-on-year decline in pig sales revenue for the first half of 2025, totaling 763 million yuan [9] - Tianbang Foods reported a 4.01% month-on-month decline in June sales revenue for commodity pigs, totaling 675 million yuan [10] - GAC Group's June automobile sales were 150,100 units, a year-on-year decrease of 8.22% [11] - Pulit expects a net profit of 200 million to 240 million yuan for the first half of 2025, a year-on-year increase of 38.88% to 66.65% [12] - Zhuyue Group anticipates a net profit of 560 million to 650 million yuan for the first half of 2025, a year-on-year increase of 50.97% to 75.23% [14] - Xindong Lianke expects a net profit of 138 million to 169 million yuan for the first half of 2025, a year-on-year increase of 144.46% to 199.37% [15] - Zhongce Rubber expects a net profit of 2.24 billion to 2.38 billion yuan for the first half of 2025, a year-on-year decrease of 6.3% to 11.81% [16] - ST Sitong anticipates a net loss of 11 million to 17 million yuan for the first half of 2025, compared to a loss of 9.08 million yuan in the same period last year [17] Major Contracts - Hongsheng Huayuan's subsidiary is expected to win a bid for a Southern Power Grid project worth approximately 1.127 billion yuan, accounting for 11.12% of the company's 2024 revenue [19] - Times New Materials signed contracts worth approximately 2.711 billion yuan for wind turbine blade sales in the second quarter of 2025 [20] Shareholding Changes - Guojian Group's controlling shareholder reduced its holdings of convertible bonds by 900,000 units, accounting for 11.25% of the total issuance [22]

证券代码：601096 证券简称：宏盛华源 公告编号：2025-039 宏盛华源铁塔集团股份有限公司 关于南方电网项目预中标的提示性公告 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 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: 该项目目前处于评标结果公示阶段，公司尚未收到中标通知书，敬 请广大投资者谨慎决策，注意投资风险。 2025 年 7 月 3 日，中国南方电网有限责任公司在其供应链统一服务平 台（www.bidding.csg.cn）公布了《南方电网公司 2025 年主网线路材料第一 批框架招标项目中标候选人公示》《南方电网公司 2025 年配网材料第一批 框架招标项目中标候选人公示》。 在南方电网公司 2025 年主网线路材料第一批框架招标项目活动中，宏 盛华源铁塔集团股份有限公司（以下简称为"宏盛华源"）下属子公司预中 标产品为 500kV 变电站钢结构、35kV-220kV 变电站钢结构、500kV 交流角 钢塔、35kV-220kV 交流角钢塔、500kV 交流钢管塔、35kV-220kV 交流钢管 塔、500kV 钢管杆、35kV- ...

Core Viewpoint - Hongsheng Huayuan Tower Group Co., Ltd. has completed the registration capital change and business registration for its wholly-owned subsidiaries following the board's approval to increase capital using raised and self-owned funds [1] Group 1: Company Actions - The company held its 11th meeting of the 2nd board and the 11th meeting of the 2nd supervisory board on June 23, 2025, to approve the capital increase proposal [1] - The subsidiaries involved in the capital increase have completed the necessary business registration procedures [1] Group 2: Subsidiary Information - Zhejiang Shengda Tower Co., Ltd. has a registered capital of 530.813 million yuan and operates in various sectors including metal structure manufacturing and communication equipment sales [1] - Zhejiang Yuanli Jiangdong Tower Co., Ltd. has a registered capital of 131.898 million yuan and focuses on the design and production of steel towers and related equipment [1] - Jiangsu Zhengguang Electric Power Equipment Manufacturing Co., Ltd. has a registered capital of 355.213 million yuan and is involved in the manufacturing of metal structures and special equipment [2]