证券代码：603800 证券简称：洪田股份 公告编号：2025-067 江苏洪田科技股份有限公司 关于 2026 年度开展金融衍生品交易的公告 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。 重要内容提示： 交易主要情况 | 交易目的 | □获取投资收益 套期保值（合约类别：商品；外汇；□其他：________） | | | --- | --- | --- | | | □其他：________ | | | 交易品种 | 包括但不限于远期、期权、掉期和期货等。 | | | 交易金额 | 预计动用的交易保证金和权利金 上限 | 500万元人民币 | | | 预计任一交易日持有的最高合约 | 1,500万美元（或其他等 | | | 价值 | 值货币） | | 资金来源 | 自有资金 □借贷资金 □其他：___ | | | 交易期限 | 2025年12月4日至新的授权审议通过为止，且不超过12个月。 | | 已履行及拟履行的审议程序：该事项已经江苏洪田科技股份有限公司（以下 简称"公司"）第六届董事会第五次会议审议通过，无需提 ...

证券代码：603800 证券简称：洪田股份 公告编号：2025-069 2025年第四次临时股东会 召开的日期时间：2025 年 12 月 22 日 14 点 00 分 召开地点：洪田科技（南通）有限公司三楼会议室（南通市崇川区荣盛路 299 号） (五) 网络投票的系统、起止日期和投票时间。 股东会召开日期：2025年12月22日 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 江苏洪田科技股份有限公司 关于召开2025年第四次临时股东会的通知 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： 一、 召开会议的基本情况 (一) 股东会类型和届次 (二) 股东会召集人：董事会 (三) 投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结合 的方式 (四) 现场会议召开的日期、时间和地点 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2025 年 12 月 22 日 至2025 年 12 月 22 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 ...

证券代码：603800 证券简称：洪田股份 公告编号：2025-068 二、董事会会议审议情况 经与会董事认真审议，以投票表决的方式通过了以下议案： 1.审议通过《关于 2026 年度开展金融衍生品交易的可行性分析报告》 江苏洪田科技股份有限公司 第六届董事会第五次会议决议公告 公司拟使用自有资金开展金融衍生品交易，并从开展金融衍生品交易的必要 性、可行性以及风险控制措施等方面编制了《关于 2026 年度开展金融衍生品交 易的可行性分析报告》。 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。 表决结果：同意 7 票，反对 0 票，弃权 0 票。 2.审议通过《关于 2026 年度开展金融衍生品交易的议案》 一、董事会会议召开情况 江苏洪田科技股份有限公司（以下简称"公司"）第六届董事会第五次会议 于2025年12月4日上午10:00召开并以现场和通讯方式作出表决。本次董事会会议 为紧急临时会议，公司全体董事一致同意豁免本次会议的通知时限要求。会议通 知于2025年12月2日以电子邮件方式和微信同时送达全体董事，本次会议应参加 ...

证券日报网讯 12月2日，洪田股份在互动平台回答投资者提问时表示，公司股东人数主要在定期报告中 进行披露。 （文章来源：证券日报） ...

证券代码：603800 证券简称：洪田股份 公告编号：2025-063 江苏洪田科技股份有限公司 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、准确性和完整性承担法律责任。 重要内容提示： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 11 月 21 日（星期五）至 11 月 27 日（星期四） 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 公司邮箱 dongban@ht-tec.net 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。 二、说明会召开的时间、地点 （一）会议召开时间：2025 年 11 月 28 日（星期五）11:00-12:00 （二）会议召开地点：上证路演中心 （三）会议召开方式：上证路演中心网络互动 三、参加人员 董事长：赵伟斌 总经理兼董事会秘书：朱开星 江苏洪田科技股份有限公司（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， ...

作为微纳直写光刻解决方案提供商，洪镭光学的技术突破并非一蹴而就。截至目前，其已向市场交付覆 盖PCB HDI&FPC线路板、半导体玻璃基板、先进封装掩模版等多领域的直写光刻设备，产品矩阵正持 续完善。根据规划，洪镭光学后续将推出光学解析能力覆盖20μm至0.5μm的全系列设备，可全面满足IC 封装基板、先进封装等高端领域的光刻需求。 此次交付事件对洪田股份的战略意义尤为显著。在全球激光直写光刻设备市场以5.2%年复合增长率扩 张，中国市场增速更是高达18%的背景下，洪镭光学的产品化落地不仅响应了半导体装备国产替代的行 业趋势，更成为洪田股份高端装备制造业务的新增长极。（齐和宁） 11月17日，洪田股份（603800.SH）控股子公司洪瑞微电子在微信公众号表示，其控股子公司洪镭光学 自主研发的应用于半导体掩模版领域的直写光刻机（型号HL-P3）与TGV玻璃基板直写光刻机（型号 HL-P6）顺利下线，并于11月15日完成打包装运并发往订单需求客户。 此次交付的两款设备各有技术侧重。其中应用于半导体掩模版领域的HL-P3型直写光刻机，具备2.5μm 的最小线宽线距解析能力及±2μm的对位精度，可稳定满足客户L/S为 ...

Core Viewpoint - The company has shown significant improvement in Q3 performance, driven by growth in lithium battery copper foil business and increased sales gross margin Financial Performance - For Q1-Q3 2025, the company achieved revenue of 881 million yuan, a year-on-year decrease of 17.0% - The net profit attributable to shareholders was 62 million yuan, down 26.7% year-on-year - In Q3 2025, the single-quarter revenue reached 495 million yuan, an increase of 30.6% year-on-year and 96.9% quarter-on-quarter - The net profit attributable to shareholders in Q3 was 98 million yuan, a year-on-year increase of 290.0% and a quarter-on-quarter turnaround from loss to profit [1] - The gross margin for Q1-Q3 2025 was 25.2%, up 2.9 percentage points year-on-year, while the net profit margin was 8.6%, down 1.5 percentage points year-on-year [1] Cash Flow and Inventory - As of the end of Q3 2025, the company's contract liabilities were 252 million yuan, a decrease of 63.9% year-on-year - Inventory stood at 591 million yuan, down 29.8% year-on-year - The net cash flow from operating activities for Q1-Q3 2025 was 67 million yuan, turning positive year-on-year; however, Q3 saw a negative cash flow of 46 million yuan due to increased payments for goods and services [2] Business Development - The company has entered the optical and semiconductor equipment sector through its subsidiary, achieving significant breakthroughs - The first HL-P20 direct-write lithography machine was accepted by a major customer, meeting key parameters for FPC and HDI product needs - Three products have been launched focusing on PCB, semiconductor glass substrates, and advanced packaging mask plates, all receiving orders from leading customers [2] Equipment and Technology - The company continues to lead in electrolytic copper foil equipment, with significant advancements in technology - A new lithium battery copper foil with a roll length of 102,000 meters and a thickness of only 4.5 microns has set an industry record, with a yield rate of 87.6% [3] - The company is expanding its platform in ultra-precision vacuum coating equipment, with continuous growth in orders and aims to become a leading player in the PVD field for kitchen and bathroom appliances by 2025 [3] Profit Forecast and Investment Rating - The company's net profit forecasts for 2025 and 2026 have been adjusted to 190 million yuan and 240 million yuan, respectively, down from previous estimates of 270 million yuan and 330 million yuan - The projected net profit for 2027 is 320 million yuan, with current stock prices corresponding to dynamic PE ratios of 57, 45, and 34 times for 2025, 2026, and 2027 respectively - The company maintains an "overweight" rating due to the high growth potential of its semiconductor business [3]

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [5] Core Views - The company's main business in lithium batteries has shown significant recovery, with Q3 performance improving both year-on-year and quarter-on-quarter. The Q3 revenue reached 495 million yuan, a year-on-year increase of 30.6% and a quarter-on-quarter increase of 96.9% [2] - The company's profitability has improved significantly in Q3, with a gross profit margin of 32.7%, up 14.2 percentage points year-on-year and 15.2 percentage points quarter-on-quarter [3] - The company is focusing on high-end detection and direct-write lithography, accelerating the industrialization of optical and semiconductor equipment [4] - The electrolytic copper foil equipment continues to lead the market, with significant breakthroughs in technology and production capacity [4] Financial Summary - For the first three quarters of 2025, the company achieved a total revenue of 881 million yuan, a year-on-year decrease of 17.0%, and a net profit attributable to the parent company of 62 million yuan, down 26.7% year-on-year [2] - The company has adjusted its net profit forecasts for 2025 and 2026 to 190 million yuan and 240 million yuan, respectively, while expecting a net profit of 320 million yuan in 2027 [5] - The current stock price corresponds to dynamic P/E ratios of 57, 45, and 34 times for 2025, 2026, and 2027, respectively [5]

Summary of Hongtian Co., Ltd. Conference Call Company Overview - **Company**: Hongtian Co., Ltd. - **Industry Focus**: High-end equipment and technology services, particularly in high-end optics and ultra-precision vacuum technology platforms [2][5] Key Points and Arguments Business Strategy - **Post-Game Business Focus**: After divesting from gaming, the company is concentrating on high-end equipment and technology services [2][5] - **R&D Investment**: Significant increase in R&D investment planned for 2025, which may impact short-term profits but is expected to enhance long-term growth [2][7] - **External Expansion**: Plans to increase stake in Sichuan Zhizhen Precision Optics to strengthen the supply chain [2][7] Financial Performance - **Q3 2025 Results**: Revenue of 495 million yuan, operating profit of 139 million yuan, and net profit of 97.95 million yuan. Year-to-date revenue reached 881 million yuan with a net profit of 62.45 million yuan [3][4] - **Cash Flow**: Positive operating cash flow of over 60 million yuan [3] Market Position and Technology - **AI Surface Treatment Machines**: Leading domestic technology in AI surface treatment machines, with ongoing collaborations with major clients [4][12] - **Vacuum Coating**: Broad layout in vacuum coating, focusing on optical and solid-state battery applications, with partnerships with research institutions and manufacturers [11][13] Regulatory and Investigation Status - **Ongoing Investigation**: Under investigation by Jiangsu Securities Regulatory Commission since April 2025, currently in the detail review phase [2][6][9] - **Shareholder Support**: Shareholders express compliance with regulatory opinions and hope for a swift resolution to seize high-tech opportunities [6][18] Future Outlook - **Development Strategy**: Aiming to become an internationally influential technology innovation platform within 3-5 years, focusing on internal growth and external expansion [5][20] - **Market Sensitivity**: The company is aware of capital market sensitivities and is managing the pace of operations to mitigate regulatory and public pressure [21] Operational Improvements - **Profitability Improvement**: Q3 profitability improved due to steady business progress and new project revenue, particularly from the lithium battery sector [14][15] - **Order Confirmation**: Increased order confirmations driven by industry recovery and customer demand in the lithium battery and energy storage sectors [17] Strategic Collaborations - **High-End Optical Systems**: Collaborating with national teams to enhance high-end optical system design capabilities and precision optical processing [16] Additional Important Information - **Control and Acquisition Plans**: The company is pursuing higher ownership stakes and control in strategic partnerships, despite regulatory pressures [10][19] - **Commitment to Goals**: The company is committed to achieving its strategic goals while navigating challenges, maintaining a positive outlook for future growth [22]

Core Viewpoint - Hongtian Co., Ltd. is a company engaged in the research, production, and sales of drilling equipment for oil, natural gas, and shale gas, with a certain level of technical strength in the industry [1] Group 1: Business Performance - In Q3 2025, Hongtian Co., Ltd. reported revenue of 881 million yuan, ranking 29th out of 58 in the industry, with the industry leader Zhongchuang Zhiling achieving 30.745 billion yuan [2] - The net profit for the same period was 75.724 million yuan, also ranking 29th in the industry, with the top performer Tian Di Technology earning 3.525 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, the company's debt-to-asset ratio was 62.79%, down from 71.95% year-on-year, which is higher than the industry average of 46.18% [3] - The gross profit margin for Q3 2025 was 25.17%, an increase from 22.27% year-on-year, but slightly below the industry average of 26.77% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 53.23% to 20,300, while the average number of circulating A-shares held per shareholder decreased by 34.74% to 10,200 [5] - Among the top ten circulating shareholders, Yongying Semiconductor Industry Smart Selection Mixed Fund became a new shareholder with 5.6 million shares, while Guotai Junan Jin Ying Growth Flexible Allocation Mixed Fund increased its holdings by 252,400 shares [5] Group 4: Executive Compensation - The chairman Zhao Weibin's salary for 2024 remained at 100,000 yuan, unchanged from 2023, while the general manager Zhu Kaixing's salary increased by 221,100 yuan to 1.1478 million yuan [4]