中国第一重型机械股份公司2025 年半年度报告摘要 公司代码：601106 公司简称：中国一重 中国第一重型机械股份公司 2025 年半年度报告摘要 中国第一重型机械股份公司2025 年半年度报告摘要 第一节 重要提示 1.1 本半年度报告摘要来自半年度报告全文，为全面了解本公司的经营成果、财务状况及未来发 展规划，投资者应当到 www.sse.com.cn 网站仔细阅读半年度报告全文。 1.2 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确性、 完整性，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。 1.3 公司全体董事出席董事会会议。 1.4 本半年度报告未经审计。 1.5 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 第二节 公司基本情况 2.1 公司简介 | | 公司股票简况 | | | | | --- | --- | --- | --- | --- | | 股票种类 | 股票上市交易所 | 股票简称 | 股票代码 | 变更前股票简称 | | A股 | 上海证券交易所 | 中国一重 | 601106 | 中国一重 | | 联系人和联系 ...

一重财务公司于 2020 年 12 月 23 日在中国黑龙江省哈尔滨 新区管理委员会行政审批局登记注册，是经原中国银行保险监督 管理委员会批准成立的非银行金融机构，持有合法有效的营业执 照和金融许可证，主要为中国一重集团有限公司内部成员企业依 法合规提供金融服务。 1.批复文件:《中国银保监会关于筹建一重集团财务有限公 司的批复》（银保监复〔2020〕432 号）同意筹建。 2.经营资质:一重财务公司持有合法有效的营业执照（统一 社会信用代码：91230109MA1CDH453H）和金融许可证（机构编码： L0280H223010001）。 3.注册资本 100,000 万元，股东构成如下： | | | 1 中国第一重型机械股份公司关于一重集团财务 有限公司风险持续评估报告 根据《上海证券交易所上市公司自律监管指引第 5 号——交 易与关联交易》规定，中国第一重型机械股份公司（以下简称中 国一重或公司）对一重集团财务有限公司（以下简称一重财务公 司）经营资质、内控管理、经营情况和风险状况进行了评估，并 形成《风险持续评估报告》，具体情况如下： 一、基本情况 | 1 | 中国一重集团有限公司 | 60,000 ...

1.会议审议了《中国第一重型机械股份公司 2025 年半年 度报告》，监事会同意该报告。 中国第一重型机械股份公司第四届监事会 第三十五次会议决议公告 本公司监事会及全体监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。 中国第一重型机械股份公司第四届监事会第三十五次 会议于 2025 年 8 月 25 日以现场会议方式举行。公司监事共 有 3 名，实际出席本次会议的监事 3 名。出席会议的监事人 数符合《公司法》和《公司章程》的有关规定，可以对提交 本次会议审议的议案进行表决。会议形成决议如下： 表决结果：同意 3 票，反对 0 票，弃权 0 票。 证券代码：601106 证券简称：中国一重 公告编号：2025-040 中国第一重型机械股份公司监事会 2025年8月26日 1 2.会议审议了《中国第一重型机械股份公司关于一重集 团财务有限公司风险持续评估报告》，监事会同意该报告。 表决结果：同意 3 票，反对 0 票，弃权 0 票。 特此公告。 ...

Group 1 - The State Intellectual Property Office of China has published a patent application by Dalian Engineering Technology Co., Ltd. and China First Heavy Industries Co., Ltd. for a "Steel Strip Surface Blowing Device" with publication number CN120479956A, filed on June 2025 [1] - The patent describes a device that includes a fixed frame, upper and lower air knife components, and air supply pipes, designed to blow clean steel strips passing through the device [1] Group 2 - Dalian Engineering Technology Co., Ltd. was established in 1995, located in Dalian, with a registered capital of 35 million RMB, and has invested in 3 companies, participated in 3,442 bidding projects, and holds 1,085 patents [2] - China First Heavy Industries Co., Ltd. was founded in 2008, located in Qiqihar, with a registered capital of approximately 685.78 million RMB, has invested in 32 companies, participated in 3,430 bidding projects, and holds 2,088 patents [2]

Investment Rating - The report maintains an "Outperform" rating for the industry [4] Core Insights - The report emphasizes the significance of the Yarlung Tsangpo River downstream hydropower project, which aims to harness the region's abundant hydropower potential and drive economic development [1][10] - The development of large-capacity impulse turbines, with a single unit capacity of approximately 800 MW, represents a world-first achievement, addressing extreme challenges in high-altitude and high-head environments [1][10] - The gas-insulated transmission line (GIL) technology is highlighted for its advantages in high-capacity power transmission, low losses, and adaptability to various environments, making it a preferred choice in special scenarios [2][26] Summary by Sections 1. Large Capacity Impulse Turbines - The Yarlung Tsangpo River downstream hydropower project is set to utilize impulse turbines with a capacity of 800 MW, surpassing current global standards [1][10] - The project faces significant technical challenges due to high water heads and extreme environmental conditions, necessitating advanced turbine designs and manufacturing techniques [10][11] 2. Gas-Insulated Transmission Lines (GIL) - GIL technology is recognized for its ability to efficiently transmit high voltage and large currents in confined spaces, making it suitable for urban and challenging geographical environments [2][26] - The report notes successful applications of GIL in various projects, including the Su Tong GIL comprehensive corridor, which is the highest voltage and largest capacity GIL project globally [27][33] 3. High-Altitude Electrical Equipment - The report discusses the need for altitude adjustments in electrical equipment due to the unique challenges posed by high-altitude environments, particularly in the Yarlung Tsangpo River project [2][3] - The development of high-altitude, high-seismic equipment is crucial for the effective transmission and consumption of clean energy [2][3] 4. Reliable Key Supply Chain - The report identifies key companies in the supply chain for hydropower equipment, including Harbin Electric, Dongfang Electric, and China XD Electric, among others [3][4] - The supply chain's reliability is essential for supporting the ambitious hydropower projects outlined in national plans [3][4]

Core Viewpoint - The construction of the first commercial controlled nuclear fusion power plant in the U.S. by Helion Energy marks a significant step towards the commercialization of fusion energy, with plans to supply power to Microsoft by 2028 [3][5]. Group 1: Company Developments - Helion Energy has initiated site construction for its controlled nuclear fusion power plant named "Orion" in Chelan County, Washington, which is a crucial milestone for integrating fusion power into the grid [3]. - The company has signed a power purchase agreement with Microsoft to supply 50 MW annually starting in 2028 [5]. - Helion's technology utilizes a magnetic inertial confinement approach, specifically the Field-Reversed Configuration (FRC) method, which is simpler and more cost-effective compared to the Tokamak technology, with construction costs estimated to be only 1/5 to 1/10 of Tokamak systems [5]. Group 2: Industry Context - Other companies in China, such as Hanhai Fusion and Xingneng Xuanguang, are also pursuing similar FRC technology, indicating a growing interest in fusion energy [6]. - A recent industry seminar in Shanghai attracted over 20 companies and nearly 30 financial institutions to discuss the future of controlled nuclear fusion, highlighting its status as a hot topic in the capital market [7]. - Nearly 50 controlled nuclear fusion concept stocks have been actively researched by investors this year, with significant interest in companies like Ice Wheel Environment and Antai Technology, which have received multiple investor inquiries [7]. Group 3: Financial Performance - Several controlled nuclear fusion concept stocks have reported significant earnings growth for the first half of 2025, with Yongding Co. expecting a net profit increase of 731% to 922% year-on-year, primarily due to increased investment income [8]. - Baosheng Co. anticipates a net profit increase of 167.98% to 301.98% for the same period, driven by the market recognition of high-value products [8].

Core Insights - The project "500MW level impulse turbine runner high toughness manufacturing technology and equipment" has achieved a significant milestone with the successful acceptance of the core topic led by China First Heavy Industries [1] - The developed full-size forged-welded structure runner components exhibit excellent and stable high-performance reserves, as well as ultra-high uniformity and consistency in organization, representing the current international top manufacturing level in this field [1] - The 500MW level forged-welded impulse turbine runner, known as the "heart" of the impulse turbine generator set, has extreme requirements for high strength and toughness due to its long service life and high reliability [1] Industry Impact - This achievement signifies that China has mastered the extreme manufacturing capability of full-size 500MW level impulse turbine runner forgings, providing solid core equipment support for major hydropower projects and energy security in the country [2] - The project team has innovatively constructed an integrated toughness manufacturing system that spans material composition optimization, precise forging shape control, efficient collaboration of processing resources, and fine-tuning of heat treatment processes [1] - The successful resolution of challenges in manufacturing ultra-large impulse turbine runners establishes the core capability for high-quality and stable production of full-size forgings, paving the way for future engineering applications [1]

Group 1 - The core viewpoint emphasizes that industrial revitalization is crucial for rural revitalization, with modern mushroom greenhouses in Dongfeng Village showcasing the potential for economic growth through technology [1][3] - China First Heavy Industries Group has invested a total of 10.5 million yuan in support, leveraging an additional 6 million yuan from external capital and 1 million yuan from government matching funds to establish a 135-acre modern mushroom cultivation base [1][3] - The introduction of 80 intelligent water-cooled air conditioning systems has significantly improved mushroom cultivation, increasing the survival rate of mushroom spawn from approximately 70% to 98% [3] Group 2 - The implementation of smart greenhouses has led to a dramatic increase in land efficiency, with annual revenue from the 135 acres of farmland rising from about 350,000 yuan to significantly higher levels due to modern cultivation methods [3] - China First Heavy Industries Group plans to continue its support by constructing 11 new smart greenhouses, three cold storage facilities, and upgrading 50 existing structures within the year [3] - The comprehensive development of the mushroom industry in Dongfeng Village illustrates a successful model of rural revitalization, driven by technological advancements and resource integration [3]

Core Viewpoint - The revitalization of industries is crucial for rural revitalization, exemplified by the modern mushroom cultivation in Dongfeng Village, supported by China First Heavy Industries Group [1] Group 1: Company Contributions - China First Heavy Industries Group has invested a total of 10.5 million yuan in support, leveraging an additional 6 million yuan from external capital and 1 million yuan from government matching funds to establish a 135-acre modern mushroom planting base in Dongfeng Village [2] - The base consists of 110 greenhouses and 6 cold storage facilities, achieving an annual production capacity of 1.5 million mushroom sticks and generating over 10 million yuan in output value, contributing more than 750,000 yuan annually to the village collective economy and providing over 300 local jobs with total wages exceeding 4 million yuan [2] Group 2: Technological Empowerment - The introduction of 80 intelligent water-cooled air conditioning systems has significantly improved the survival rate of mushroom sticks from approximately 70% to 98%, enhancing production capacity from 700,000 to 1.5 million sticks annually and allowing for off-season sales during the Spring Festival [4] - The technology has also mitigated summer losses due to high temperatures and humidity, thereby reducing production costs and risks [4] Group 3: Economic Impact - The modernization of mushroom cultivation has transformed the economic landscape of Dongfeng Village, increasing the annual revenue from the 135 acres of farmland from about 350,000 yuan to over 10 million yuan, representing a nearly 30-fold increase in land efficiency [5] - The stable provision of over 300 jobs has led to an increase in individual incomes by 20,000 to 30,000 yuan per year, making the base a "wealth garden" for villagers [5] - The establishment of a green circular economy chain from agricultural waste to edible mushrooms and organic agriculture has extended the product range to include high-value items like dried mushrooms [5] Group 4: Future Plans - China First Heavy Industries Group plans to continue its support by constructing 11 new intelligent greenhouses and 3 cold storage facilities, while upgrading 50 existing greenhouses, aiming to further increase mushroom production capacity from 1.5 million to 2 million sticks [6] - The introduction of movable shelf technology will enable dual-use for mushroom breeding and production, enhancing land utilization efficiency [6]

天眼查商业履历信息显示，中国第一重型机械股份公司，成立于2008年，位于齐齐哈尔市，是一家以从 事专用设备制造业为主的企业。企业注册资本685778.2927万人民币，实缴资本685778.29万人民币。公 司法定代表人为陆文俊。 通过天眼查大数据分析，中国第一重型机械股份公司共对外投资了32家企业，参与招投标项目3374次， 知识产权方面有商标信息8条，专利信息2080条，此外企业还拥有行政许可333个。 来源：金融界 资金流向方面，今日主力资金净流入1310.28万元，占比成交额8.31%。其中，超大单净流入774.54万 元、占成交额4.91%，大单净流入535.74万元、占成交额3.4%，中单净流出流入30.64万元、占成交额 0.19%，小单净流出1340.92万元、占成交额8.5%。 中国一重最新一期业绩显示，截至2025一季报，公司营业总收入22.51亿元、同比减少37.16%，归属净 利润8314.70万元，同比增长35.58%，扣非净利润16581.95万元，同比减少14.20%，流动比率1.048、速 动比率0.686、资产负债率82.77%。 金融界消息 截至2025年7月30日收盘，中 ...