Core Viewpoint - Jiangsu Hengshang Energy Saving Technology Co., Ltd. has won a bid for a significant engineering project in collaboration with Wuxi Lighting Co., Ltd., which is expected to contribute to the company's revenue and enhance the local innovation industry [1] Group 1: Project Details - The company, in partnership with Wuxi Lighting Co., Ltd., has successfully bid for the first phase of the curtain wall project and associated floodlighting engineering for a future industrial research and manufacturing community [1] - The project’s curtain wall engineering amount is approximately 13.43% of the company's projected revenue for 2024 [1] Group 2: Strategic Importance - Upon completion, the project is anticipated to become a high-level carrier for the local science and technology innovation industry [1]

Core Viewpoint - Jiangsu Hengshang Energy Conservation Technology Co., Ltd. reported a decline in revenue and net profit for the first half of 2025, reflecting challenges in the construction industry and a shift towards stable development amid macroeconomic pressures [1][4][14]. Company Overview and Financial Indicators - The company achieved operating revenue of approximately 930.45 million yuan, a decrease of 6.57% compared to the same period last year [2][21]. - The total profit was approximately 52.85 million yuan, down 25.56% year-on-year [2][21]. - The net profit attributable to shareholders was approximately 45.43 million yuan, a decline of 31.97% compared to the previous year [2][21]. - The company's net assets increased by 2.54% to approximately 1.24 billion yuan, while total assets decreased by 7.22% to approximately 3.33 billion yuan [2][21]. Industry Situation - The construction industry, particularly the curtain wall sector, is facing significant downward pressure, with a 12% decline in construction area [4][5]. - The market is experiencing increased competition, leading to a concentration of high-end projects in core economic areas like the Yangtze River Delta [5][7]. - The government has set ambitious targets for energy conservation and carbon reduction in the building sector, creating new opportunities for the industry [8][9]. Business Operations - The company focuses on high-end public building curtain wall projects, with a project portfolio that includes high-end office buildings, commercial complexes, and high-tech industrial parks [14][15]. - The company has maintained strategic partnerships with leading construction firms and property developers, enhancing its market presence [15][20]. - The company is actively involved in urban renewal projects, contributing to the development of new infrastructure in key economic zones [16][20]. Innovation and Development - The company emphasizes innovation in research and development, particularly in energy-efficient systems and photovoltaic curtain walls [17][18]. - The adoption of advanced technologies such as BIM and smart manufacturing is a key focus for enhancing operational efficiency and product quality [12][21]. - The company has received multiple awards for its project quality and has established a strong reputation in the industry [19].

Core Viewpoint - Jiangsu Hengshang Energy Saving Technology Co., Ltd. reported a decline in key financial metrics for the first half of 2025, including a decrease in total assets and net profit, indicating potential challenges in the company's operational performance [1]. Financial Performance - Total assets at the end of the reporting period were approximately CNY 3.33 billion, down 7.22% from the previous year [1]. - Operating revenue for the first half of 2025 was CNY 930.45 million, a decrease of 6.57% compared to CNY 995.84 million in the same period last year [1]. - Total profit amounted to CNY 52.85 million, reflecting a significant decline of 25.56% from CNY 70.99 million year-on-year [1]. - Net profit attributable to shareholders was CNY 43.10 million, down 32.33% from CNY 63.69 million in the previous year [1]. - The net cash flow from operating activities was negative at CNY -139.82 million, showing an improvement from CNY -150.25 million in the same period last year [1]. Shareholder Information - The total number of shareholders at the end of the reporting period was 9,839 [1]. - The top two shareholders, Zhou Zuowei and Zhou Zuoqing, each hold 27.24% of the shares, totaling 49.84 million shares [2][3]. - Other notable shareholders include Qian Lirong with 2.84% (5.19 million shares) and Gao Peijun with 2.60% (4.76 million shares) [3].

Market Overview - The Shanghai Composite Index closed at 3857.93 points, with a change of 0.37% [2] - The total trading volume of A-shares reached 28301.97 billion yuan [2] Technical Analysis - A total of 137 A-shares experienced a death cross, where the 5-day moving average fell below the 10-day moving average [2] - Notable stocks with significant distance between their 5-day and 10-day moving averages include: - Shijin Technology: 5-day MA at 18.72 yuan, 10-day MA at 19.11 yuan, a difference of -2.03% [2] - Guandian: 5-day MA at 5.05 yuan, 10-day MA at 5.12 yuan, a difference of -1.31% [2] - Furande: 5-day MA at 15.28 yuan, 10-day MA at 15.46 yuan, a difference of -1.16% [2] Individual Stock Performance - Shijin Technology saw a decline of 11.39% with a turnover rate of 12.22% [2] - Guandian experienced a slight decrease of 0.62% with a turnover rate of 0.83% [2] - Furande increased by 1.89% with a turnover rate of 0.90% [2] - Other notable declines include: - Century Tianhong: down 2.59% [2] - Qiji: down 1.63% [2] - Xuanya: down 2.62% [2] Summary of Key Stocks - Stocks with significant declines and their respective metrics include: - Shijin Technology: latest price at 16.73 yuan, deviating -12.45% from the 10-day MA [2] - Guandian: latest price at 4.78 yuan, deviating -6.55% from the 10-day MA [2] - Furande: latest price at 15.12 yuan, deviating -2.21% from the 10-day MA [2]

每经头条（nbdtoutiao）——申请超2万份，已开出41家，加盟海底捞，你要准备多少钱？1000万元不算 多，真实"账单"公布 （记者 张明双） 每经AI快讯，恒尚节能（SH 603137，收盘价：15.11元）8月29日发布公告称，公司组成的联合体中标 未来产业研发制造社区项目目一期幕墙工程及附属泛光照明工程，中标金额约2.97亿元。 2024年1至12月份，恒尚节能的营业收入构成为：建筑幕墙门窗装饰占比99.68%，其他业务占比 0.32%。 ...

格隆汇8月28日丨恒尚节能(603137.SH)发布2025年半年度报告，报告期实现营业收入9.3亿元，同比下降 6.57%；归属上市公司股东的净利润4543.31万元，同比下降31.97%；扣除非经常性损益后的归属于上市 公司股东的净利润4309.75万元，同比下降32.33%；基本每股收益0.25元。 ...

南财智讯8月28日电，恒尚节能发布2025年半年度报告，报告期实现营业收入9.3亿元，同比下降 6.57%；归属上市公司股东的净利润4543.31万元，同比下降31.97%；扣除非经常性损益后的归属于上市 公司股东的净利润4309.75万元，同比下降32.33%；基本每股收益0.25元。 ...

证券代码：603137 证券简称：恒尚节能 公告编号：2025-028 江苏恒尚节能科技股份有限公司 关于 2025 年半年度募集资金存放与实际使用情况的 专项报告 本公司及其董事、监事、高级管理人员保证公告内容真实、准确和完整，并对公 告中的虚假记载、误导性陈述或者重大遗漏承担个别及连带责任。 根据《上市公司募集资金监管规则》《上海证券交易所上市公司自律监管指引第 1 号——规范运作》等有关法律法规、规范性文件的规定，江苏恒尚节能科技股份有 限公司（以下简称"公司"或"本公司"）董事会编制了 2025 年半年度募集资金存放 与实际使用情况专项报告。 一、募集资金基本情况 （一）实际到账募集资金金额及到账时间 根据中国证券监督管理委员会出具的《关于同意江苏恒尚节能科技股份有限公司 首次公开发行股票注册的批复》（证监许可[2023]618 号），并经上海证券交易所同 意，公司首次公开发行人民币普通股 32,666,667.00 股，每股面值为人民币 1 元，发 行价格为每股人民币 15.90 元，募集资金总额为人民币 519,400,005.30 元，扣除承销 费等发行费用（不含本次公开发行股票发行费用可抵扣增 ...

证券代码：603137 证券简称：恒尚节能 公告编号：2025-030 1、项目名称：未来产业研发制造社区项目一期幕墙工程及附属泛光照明工 程。 2、招标人：无锡宛山湖城市发展有限公司、无锡锡山建筑实业有限公司、 华仁建设集团有限公司 3、中标人：江苏恒尚节能科技股份有限公司（联合体牵头人）、无锡照明 股份有限公司（联合体成员） 4、中标金额：29,742.87万元，其中幕墙工程金额为29,035.36万元。 5、计划施工工期：约300日历天。 江苏恒尚节能科技股份有限公司 关于重大工程中标的公告 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个别及连带责任。 近日，江苏恒尚节能科技股份有限公司（以下简称"公司"）与无锡照明股份 有限公司组成联合体，共同参与未来产业研发制造社区项目一期幕墙工程及附 属泛光照明工程投标并中标。中标相关情况如下： 6、建设地点：江苏省无锡市锡山区。 1 江苏恒尚节能科技股份有限公司董事会 2025 年 8 月 29 日 2 该项目幕墙工程金额约占公司 2024 年营业收入的 13.43%。该项目建成后将 成 ...

核查意见 华泰联合证券有限责任公司 关于江苏恒尚节能科技股份有限公司 部分募投项目调整内部投资结构的核查意见 华泰联合证券有限责任公司（以下简称"华泰联合证券"或"保荐人"）作 为江苏恒尚节能科技股份有限公司（以下简称"恒尚节能"或"公司"）首次公 开发行股票并在主板上市的保荐人和持续督导机构，根据《上市公司募集资金监 管规则》《上海证券交易所股票上市规则》《上海证券交易所上市公司自律监管 指引第 1 号——规范运作》等有关规定，对恒尚节能部分募投项目调整内部投资 结构的事项进行了核查，具体情况如下： 一、募集资金基本情况 经中国证券监督管理委员会印发《关于同意江苏恒尚节能科技股份有限公 司首次公开发行股票注册的批复》（证监许可[2023]618号），公司向社会公开发 行人民币普通股A股股票3,266.6667万股，每股面值1.00元，每股发行价15.90元， 共募集资金人民币519,400,005.30元，扣除承销费等发行费用（不含税）人民币 58,819,908.77元，公司实际募集资金净额为人民币460,580,096.53元。前述募集 资金于2023年4月12日到账，已经中天运会计师事务所（特殊普通合 ...