证券代码：688059 证券简称：华锐精密 转债代码：118009 转债简称：华锐转债 株洲华锐精密工具股份有限公司 向特定对象发行股票 发行情况报告书 保荐人（主承销商） 深圳市福田区福田街道福华一路 111 号 二〇二五年十一月 本公司及全体董事及高级管理人员承诺本发行情况报告书不存在虚假记载、 误导性陈述或重大遗漏，并对其真实性、准确性、完整性承担相应的法律责任。 全体董事签名： 刘爱明 袁铁锤 王建新 肖旭凯 李志祥 高江雄 彭锐涛 株洲华锐精密工具股份有限公司向特定对象发行股票 发行情况报告书 发行人及全体董事、高级管理人员声明 肖旭凯 段艳兰 李志祥 高江雄 丁国峰 株洲华锐精密工具股份有限公司 年 月 日 1 全体高级管理人员签名： | 目 录 | 2 | | | --- | --- | --- | | 释 义 | 3 | | | 第一节 | 本次发行的基本情况 5 | | | | 一、本次发行履行的相关程序 | 5 | | | 二、本次发行概要 | 7 | | | 三、本次发行对象的基本情况 | 10 | | | 四、本次发行的相关机构情况 | 12 | | 第二节 | 发行前后相关情况对比 ...

| 证券代码：688059 | 证券简称：华锐精密 | 公告编号：2025-063 | | --- | --- | --- | | 转债代码：118009 | 转债简称：华锐转债 | | 株洲华锐精密工具股份有限公司 关于向特定对象发行股票发行情况的提示性公告 本次发行的具体情况详见公司同日在上海证券交易所网站（www.sse.com.cn） 披露的《株洲华锐精密工具股份有限公司向特定对象发行股票发行情况报告书》 等相关文件。 特此公告。 株洲华锐精密工具股份有限公司董事会 2025 年 11 月 18 日 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、准确性和完整性依法承担法律责任。 株洲华锐精密工具股份有限公司（以下简称"公司"）本次向特定对象发行股 票（以下简称"本次发行"）发行承销总结相关文件已经上海证券交易所备案通过， 公司将尽快办理本次发行新增股份的登记托管手续。 ...

湖南启元律师事务所 关于 株洲华锐精密工具股份有限公司 向特定对象发行股票 发行过程和认购对象合规性的 法律意见书 二〇二五年十一月 湖南省长沙市芙蓉区建湘路 393 号世茂环球金融中心 63 层 电话：0731-82953778 传真：0731-82953779 邮编：410000 网站：www.qiyuan.com 致：株洲华锐精密工具股份有限公司 湖南启元律师事务所（以下简称"本所"）接受株洲华锐精密工具股份有限公司 （以下简称"华锐精密"、"发行人"或"公司"）的委托，担任发行人向特定对象发 行股票（以下简称"本次发行"）项目的专项法律顾问。 本所根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司证券 发行注册管理办法》（以下简称"《注册管理办法》"）《证券发行与承销管理办法》 （以下简称"《承销管理办法》"）《上海证券交易所上市公司证券发行与承销业务实 施细则》（以下简称"《实施细则》"）《律师事务所从事证券法律业务管理办法》和 《律师事务所证券法律业务执业规则（试行）》等法律、法规和规范性文件的有关规 定，按照律师行业公认的业务标准、道德规范和勤勉尽责精神，就本次发行过程和 认购对象合 ...

株洲华锐精密工具股份有限公司 验 资 报 告 众环验字(2025)1100014 号 验 资 报 告 众环验字(2025)1100014 号 株洲华锐精密工具股份有限公司： 我们接受委托，审验了株洲华锐精密工具股份有限公司截至 2025 年 11 月 11 日止新增 注册资本及股本情况。按照法律法规以及协议、合同、章程的要求出资，提供真实、合法、 完整的验资资料，保护资产的安全、完整是全体股东及贵公司的责任。我们的责任是对贵公 司新增注册资本的实收情况发表审验意见。我们的审验是依据《中国注册会计师审计准则第 1602 号——验资》进行的。在审验过程中，我们结合贵公司的实际情况，实施了检查等必 要的审验程序。 贵公司本次变更前的注册资本为人民币 87,159,999.00 元，股本为人民币 87,159,999.00 元。根据 2024 年 2 月 23 日第二届董事会第三十二次会议决议、2024 年 3 月 15 日公司召开 的 2024 年第二次临时股东大会决议、2024 年 5 月 24 日公司召开的 2023 年年度股东大会决 议、2025 年 5 月 22 日公司召开的 2024 年年度股东大会决议和 ...

招商证券股份有限公司 关于株洲华锐精密工具股份有限公司 向特定对象发行股票 发行过程和认购对象合规性报告 保荐人（主承销商） 深圳市福田区福田街道福华一路 111 号 二〇二五年十一月 株洲华锐精密工具股份有限公司向特定对象发行股票 发行过程和认购对象合规性报告 上海证券交易所： 株洲华锐精密工具股份有限公司（以下简称"华锐精密"、"发行人"或"公司"） 向特定对象发行股票（以下简称"本次发行"）已获得中国证券监督管理委员会 （以下简称"中国证监会"）证监许可〔2025〕232 号文同意注册批复。 根据《注册管理办法》等相关规定，本次向特定对象发行股票的定价基准日 为公司第二届董事会第三十二次会议决议公告日。发行价格为 45.09 元/股，不低 于定价基准日前 20 个交易日公司股票交易均价的 80%（定价基准日前 20 个交易 日股票交易均价=定价基准日前 20 个交易日股票交易总额/定价基准日前 20 个交 易日股票交易总量）。 1 株洲华锐精密工具股份有限公司向特定对象发行股票 发行过程和认购对象合规性报告 招商证券股份有限公司（以下简称"招商证券"、"保荐人（主承销商）"或"主 承销商"）作为华锐精密 ...

华锐精密公告称，公司向特定对象发行股票已获必要批准与授权。2024年2月23日，公司与认购对象肖 旭凯签署《股份认购协议》。本次发行价格由45.09元/股调整为31.21元/股，发行数量为6,408,202股， 由肖旭凯全额认购。截至2025年11月11日12时，招商证券指定账户收到申购资金1.9999998442亿元，扣 除费用后，实际募资净额1.9738261819亿元。肖旭凯为公司实际控制人之一，本次发行构成关联交易， 已履行审批程序。 ...

Group 1 - The mechanical industry showed a strong performance in 2025, with a cumulative increase of 35.07%, outperforming the Shanghai and Shenzhen 300 index (17.94%) and the Shanghai Composite Index (17.99%) [1][17][21] - Emerging sectors such as AI equipment (140%), lithium battery equipment (96%), humanoid robots (67%), and engineering machinery (55%) led the gains in the mechanical industry, indicating significant investment opportunities [1][27][25] - The outlook for 2026 suggests continued growth in AI and technology sectors, with engineering machinery expected to maintain an upward trend and domestic demand gradually recovering from the bottom [1][30][39] Group 2 - Domestic economic conditions are currently experiencing a "weak recovery" phase, with fixed asset investment showing a differentiated pattern: manufacturing > infrastructure > real estate [2][30] - The general manufacturing sector is expected to enter a new investment cycle, driven by improved PPI and inventory levels, with a focus on high-end upgrades and stock replacement [39][46] - The export sector is benefiting from the competitive strength of leading Chinese companies, with a notable increase in orders for high-end machinery from Japan, reflecting the active investment in domestic high-end manufacturing [55][56] Group 3 - The AI-driven technology sector is expected to continue its upward trend, with hardware demand and new process iterations accelerating, particularly in AI PCB technology and humanoid robots [3][30][61] - Solid-state battery technology is at a critical juncture, with leading battery companies expanding production capacity, indicating a significant opportunity for battery equipment manufacturers [3][30][61] - Investment recommendations include focusing on technology growth assets such as AI PCB equipment, humanoid robots, and solid-state battery equipment, as well as engineering machinery and general automation sectors [4][61]

Investment Rating - The report maintains an investment rating of "Outperform the Market - A" for the machine tool industry [7]. Core Insights - The leading companies in the tool industry, such as Oukeyi and Huarui Precision, have shown significant improvement in their performance in Q3 2025, with Oukeyi's revenue and net profit increasing by 33.0% and 69.3% year-on-year, respectively, and Huarui Precision's revenue and net profit soaring by 44.5% and 915.6% year-on-year [1]. - The recovery of industrial growth momentum is expected to benefit the tool sector the most, as policies aimed at reducing inefficient competition and encouraging value-oriented development are in place, leading to a stabilization and improvement in industrial producer prices [2]. - The prices of core raw materials, particularly tungsten, have risen significantly, which has led to increased sales prices for tools. The report indicates that the tool industry is likely to exhibit strong price elasticity during this recovery phase [3]. Summary by Sections Industry Performance - The tool industry is experiencing a high level of production and sales, with leading companies reporting a surge in new orders and improved capacity utilization rates [1]. - The Producer Price Index (PPI) has shown signs of recovery, with a month-on-month increase of 0.1% in October, marking the first rise of the year, which supports the demand for general equipment [2]. Investment Recommendations - The report suggests focusing on domestic leading tool companies with scale effects and robust sales networks, specifically recommending Huarui Precision, Oukeyi, Zhongtung Gaoxin, and Xinrui Co., Ltd. as potential investment opportunities [4].

Group 1 - The 2025 Hunan Province Quality Work and Provincial Governor Quality Award ceremony was held in Changsha, recognizing seven organizations with the eighth Provincial Governor Quality Award [1] - The awarded organizations include Xue Tian Salt Industry Group Co., Ltd., Hunan Haili High-tech Industry Group Co., Ltd., and others, while eight organizations received nomination awards [1] - The Provincial Governor Quality Award, established in 2010, is the highest honor in the quality field awarded by the Hunan Provincial Government, recognizing organizations with outstanding performance in quality management and innovation [1] Group 2 - Hunan Province has been advancing the "Three Highs and Four News" blueprint, leading to a steady improvement in overall quality levels, with a continuous increase in manufacturing product quality compliance rates over six years [2] - The drug inspection pass rate has reached 100%, and the quality compliance rate for water conservancy projects is also at 100% [2] - Hunan's quality brand construction is accelerating, with numerous national and provincial quality awards and a focus on building a comprehensive brand development mechanism [2] Group 3 - The Hunan Provincial Market Supervision Administration plans to continue promoting quality improvement actions, focusing on building a quality brand matrix and enhancing quality safety supervision [3]

Core Insights - The company has introduced innovative practices and applications in industrial intelligence, showcasing the latest explorations of AI industrial software empowering manufacturing sites [1] - The company has achieved rapid revenue and profit growth, benefiting from recovering downstream demand and an increasingly complete product range [2] - The company is expected to continue its revenue and profit growth from 2025 to 2027, driven by ongoing product development and market opportunities [3] Group 1: Innovation and Technology - The company has developed the Huari Zhijia industrial software system, enabling intelligent monitoring, precise control, and data closed-loop optimization in the cutting process [1] - The system integrates multi-modal sensor fusion, AI algorithm modeling, and cloud analysis, enhancing machine tools' real-time perception, intelligent decision-making, and adaptive regulation capabilities [1] - The company has established a cutting test laboratory equipped with advanced processing and testing equipment to improve R&D efficiency [2] Group 2: Financial Performance - For the first three quarters of 2025, the company reported revenue of 771 million yuan, a year-on-year increase of 31.85%, and a net profit attributable to shareholders of 137 million yuan, up 78.37% [2] - In Q3 2025, the company achieved revenue of 252 million yuan, a year-on-year increase of 44.49%, with a net profit attributable to shareholders of 52 million yuan, reflecting a significant increase of 915.62% [2] - The rapid revenue growth is attributed to recovering downstream demand, improved product performance, and steady channel expansion [2] Group 3: Future Outlook - The company is projected to achieve revenues of 1.031 billion yuan, 1.284 billion yuan, and 1.509 billion yuan from 2025 to 2027, with corresponding net profits of 182 million yuan, 249 million yuan, and 341 million yuan [3] - The expected price-to-earnings ratios for the same period are 39.11, 28.51, and 20.83 times, indicating a positive outlook for the company's financial performance [3] - The company is well-positioned to capitalize on the recovery of the manufacturing industry and the restructuring of the supply chain [3]