证券日报网讯 2月25日，华通线缆发布公告称，截至公告披露日，公司对控股子公司提供的担保总额为 427，651.98万元，占公司最近一期经审计净资产的135.84%。公司及其控股子公司不存在逾期担保的情 形。 （文章来源：证券日报） ...

2026 年第一次临时股东会会议资料 会议资料 中国·河北唐山 2026 年 3 月 河北华通线缆集团股份有限公司 2026 年第一次临时股东会 2026 年第一次临时股东会会议资料 河北华通线缆集团股份有限公司 2026 年第一次临时股东会会议须知 河北华通线缆集团股份有限公司（以下简称"公司"）为了维护全体股东的合 法权益，确保股东会的正常秩序和议事效率，保证股东会的顺利进行，根据相关法 律法规、《河北华通线缆集团股份有限公司章程》（以下简称"《公司章程》"） 和《股东会议事规则》等规定，特制定本须知： 一、股东会设会务组，具体负责股东会召开等相关事宜。 五、本次会议采取记名投票表决方式。股东以其持有的表决权的股份数额行使 1 2026 年第一次临时股东会会议资料 表决权，每一股份享有一票表决权。股东在投票表决时，应在表决票中每项议案下 设的"同意"、"反对"、"弃权"三项中任选一项，并打"√"表示，多选或不 选均视为无效票，作弃权处理。完成后将表决票及时投入票箱或交给场内工作人 员，以便及时统计表决结果。 六、为保证每位参会股东的权益，与会股东应听从工作人员安排，进入会场后 请关闭手机或调至振动状态。对 ...

证券代码：605196 证券简称：华通线缆 公告编号：2026-010 河北华通线缆集团股份有限公司 关于公司及实际控制人 为控股子公司提供担保的进展公告 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： |  | | --- | | 担保对象及基本情况 | | | | | 本次 | 实际为其提供的 | 是否在前 | 本次担保 | | --- | --- | --- | --- | --- | --- | --- | | 被担保人名称 | | | 担保 | 担保余额（不含 | 期预计额 | 是否有反 | | | | | 金额 | 本次担保金额） | 度内 | 担保 | | HT | INTERNATIONAL | TRADING | | | | | | SERVICES | (SINGAPORE) | PTE. LTD. | | 0 万元 | 是 | 否 | | 华通国际贸易服务（新加坡）有限公 | | | 18,000 | | | | | 司（以下简称"华通国际（新加坡）"） | | | 万美 | | | | ...

Core Viewpoint - Huatong Cable (605196.SH) has experienced significant stock price fluctuations, with an 8.28% increase over the past five trading days and a volatility range of 16.60%, driven by expectations of overseas electrolytic aluminum project production, short-term performance divergence, capital speculation, industry policies, and technical factors [1][2]. Stock Performance - The recent volatility in Huatong Cable's stock is primarily influenced by the dual impact of overseas electrolytic aluminum project production expectations and short-term performance divergence, compounded by capital speculation, industry policies, and technical factors [2]. Project Progress - The Angola electrolytic aluminum project is set to commence production in January 2026, with an expected annual output of 100,000 tons, contributing sales revenue of 2-2.5 billion yuan. However, the project is still in the capacity ramp-up phase, and actual benefits remain to be validated [3]. Operating Performance - In Q3 2025, the company's net profit attributable to shareholders increased by 44.13% year-on-year, but the net profit for the first three quarters decreased by 7.38%, mainly due to rising tariffs and freight costs. There is a divergence in market perception regarding short-term performance and long-term growth potential [4]. Capital Movements - There has been frequent inflow and outflow of major funds, with increased trading volume during the recent stock price rebound, indicating intense capital speculation. As of Q3 2025, the proportion of institutional holdings has decreased, but some institutions still maintain positions, with recent ratings of "buy" from certain institutions [5]. Industry Policies and Environment - Increased investment in areas such as ultra-high voltage and smart grids is driving demand for high-end cables; however, competition in the traditional cable industry is intense, leading to generally compressed profit margins. The company's gross margin is higher than the industry average, but rising copper prices may squeeze profit margins [6]. Company Fundamentals - The company has a high proportion of overseas revenue, significantly affected by U.S. tariff policies and freight fluctuations. After the capacity transfer of the Panama plant, tariffs have decreased, but cost transmission efficiency remains a critical variable [7]. Stock Price Situation - The stock price has recently broken through multiple moving averages, but some technical indicators have entered overbought territory, indicating increased pressure for a short-term technical correction [8]. Company Valuation - The current price-to-earnings ratio is significantly higher than the industry average for power grid equipment, necessitating caution regarding the risk of valuation correction if performance does not meet expectations [9]. Financial Condition - The company has a high debt-to-asset ratio, with interest-bearing debt increasing year-on-year, and a significant proportion of accounts receivable relative to net profit, indicating cash flow pressure that warrants attention [10]. Future Development - The long-term profit release may be influenced by the power supply from the Angola project, the pace of the second phase of production, and overseas political risks. Attention should be paid to the company's cost control capabilities, progress on overseas projects, and valuation alignment [11].

Core Viewpoint - The company, Hebei Huatong Cable Group Co., Ltd., has agreed to provide a guarantee of USD 20 million for its subsidiaries, Huatong International (Singapore), Huatong International, and Huatong Angola, under a sales agreement with Mercuria Energy Trading S.A. This guarantee is within the expected annual limit for business performance guarantees and does not require further board or shareholder approval [2]. Group 1: Guarantee Details - The guarantee is aimed at facilitating the subsidiaries' operational needs and is deemed necessary for their stable and long-term development [9]. - The total amount of guarantees provided by the company to its subsidiaries is CNY 3,081.4978 million, which accounts for 97.88% of the company's most recent audited net assets [12]. - There are no overdue guarantees associated with the company or its subsidiaries [12]. Group 2: Internal Decision-Making Process - The company held board and shareholder meetings on December 9 and December 25, 2025, respectively, to approve the increase of the guarantee limit for subsidiaries to no more than CNY 2.1 billion or its equivalent in foreign currency [4]. - The guarantee limit is valid for 12 months from the date of approval, and specific guarantee matters will not require individual board or shareholder review within this limit [4]. Group 3: Financial and Credit Status of Guaranteed Entities - The credit status of the guaranteed entities is reported to be good, with none classified as dishonest executors [5].

证券代码：605196 证券简称：华通线缆 公告编号：2026-009 河北华通线缆集团股份有限公司 关于为控股子公司提供担保的进展公告 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： 担保对象及基本情况 累计担保情况 | | 担保金额（含本次）超过上市公司最近一期 | | --- | --- | | 特别风险提示（如有请勾选） | 经审计净资产 50% | | | □对外担保总额（含本次）超过上市公司最 | | | 近一期经审计净资产 100% | | | □对合并报表外单位担保总额（含本次）达 | | | 到或超过最近一期经审计净资产 30% | | | 本次对资产负债率超过 70%的单位提供担 | | | 保 | | 其他风险提示（如有） | 不适用 | 一、担保情况概述 （一）担保的基本情况 因公司业务发展需求，华通国际（新加坡）、华通国际以及其他获批关联方 华通安哥拉与 Mercuria Energy Trading S.A（以下简称"Mercuria"）签订了 销售协议以及相关修订补充条款（以下 ...

华通线缆公告称，近日与Mercuria签订《保证函》，为华通国际（新加坡）、华通国际、华通安哥拉 2000万美元债务提供担保，在年度预计额度内，无需另行审议，无反担保。公司于2025年增加为子公司 担保额度不超21亿元，有效期12个月。截至公告披露日，公司对控股子公司担保总额30.81亿元，占最 近一期经审计净资产的97.88%，无逾期担保。 ...

格隆汇2月10日丨华通线缆(605196.SH)涨3.36%，报46.200元，股价创历史新高，总市值236.08亿元。 ...

证券代码：605196 证券简称：华通线缆 公告编号：2026-005 河北华通线缆集团股份有限公司 关于回购注销部分激励对象已获授 但尚未解除限售的限制性股票的公告 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。 河北华通线缆集团股份有限公司（以下简称"公司"）于 2026 年 2 月 5 日召 开第四届董事会第十三次会议，审议通过了《关于回购注销部分激励对象已获授 但尚未解除限售的限制性股票的议案》。鉴于《河北华通线缆集团股份有限公司 2025 年限制性股票激励计划（草案）》（以下简称"激励计划"）授予限制性股票 的 2 名激励对象已经离职，公司拟对该 2 名激励对象已获授但尚未解除限售的 30,600 股限制性股票进行回购注销，回购价格为授予价格 9.70 元/股。现将具 体事项公告如下： 一、2025 年限制性股票激励计划已履行的决策程序和信息披露情况 1、2025 年 6 月 4 日，公司召开第四届董事会第七次会议、第四届监事会第 七次会议，会议审议通过了《关于<2025 年限制性股票激励计划（草案）>及其 摘要的议 ...

证券代码：605196 证券简称：华通线缆 公告编号：2026-006 河北华通线缆集团股份有限公司 关于回购注销 2025 年限制性股票激励计划 部分限制性股票减资暨通知债权人的公告 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。 河北华通线缆集团股份有限公司（以下简称"公司"）于2026年2月5日召开 了第四届董事会第十三次会议，审议通过了《关于回购注销部分激励对象已获授 但尚未解除限售的限制性股票的议案》，同意将不符合激励条件的激励对象已获 授但尚未解除限售的合计30,600股限制性股票进行回购注销。 1、债权申报登记地点：河北省唐山市丰南经济开发区华通街111号 2、申报时间：2026年2月6日至2026年3月22日，共计45天（9:00-11:30； 13:30-17:00，双休日及法定节假日除外）。以邮寄方式申报的，申报日以寄出 邮戳日或快递公司发出日为准，请注明"申报债权"字样。 3、联系人：证券法务部 4、联系电话：0315-5091121 根据《河北华通线缆集团股份有限公司 2025 年限制性股票激励计划（草 ...