1月22日，禾川科技跌0.88%，成交额1.29亿元。两融数据显示，当日禾川科技获融资买入额1497.57万 元，融资偿还2224.59万元，融资净买入-727.02万元。截至1月22日，禾川科技融资融券余额合计2.02亿 元。 分红方面，禾川科技A股上市后累计派现4377.95万元。 机构持仓方面，截止2025年9月30日，禾川科技十大流通股东中，易方达国证机器人产业ETF （159530）位居第四大流通股东，持股331.89万股，为新进股东。华夏中证机器人ETF（562500）位居 第七大流通股东，持股249.90万股，相比上期增加46.57万股。香港中央结算有限公司位居第十大流通股 东，持股168.30万股，为新进股东。永赢先进制造智选混合发起A（018124）、鹏华碳中和主题混合A （016530）退出十大流通股东之列。 责任编辑：小浪快报 融资方面，禾川科技当日融资买入1497.57万元。当前融资余额2.02亿元，占流通市值的3.58%，融资余 额低于近一年10%分位水平，处于低位。 融券方面，禾川科技1月22日融券偿还800.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0.00 元；融券 ...

Core Viewpoint - The industrial control power supply industry is experiencing significant growth driven by the accelerated automation and intelligence transformation in manufacturing, with the market size expected to increase from 115.44 billion yuan in 2015 to 462.12 billion yuan in 2024, representing a compound annual growth rate (CAGR) of 16.7% [1][9]. Group 1: Industry Overview - Industrial control power supplies are specialized devices that convert mains electricity or other power sources into stable direct current suitable for industrial control equipment, characterized by high stability, reliability, and durability [5][6]. - The working principle of industrial control power supplies involves power conversion technologies, including rectification, filtering, voltage regulation, and output [5]. Group 2: Industry Chain - The upstream materials for the industrial control power supply industry include power devices, electronic components, and various metal and mechanical materials, which directly affect the performance and cost of midstream products [5]. - The downstream applications encompass sectors such as machinery manufacturing, power systems, transportation, and petrochemicals, where industrial control power supplies provide stable power support for various control devices, sensors, and actuators [6]. Group 3: Current Industry Status - The power supply industry in China has maintained rapid growth, with the market size reaching 517.4 billion yuan in 2022, a year-on-year increase of 32.3%, and is projected to continue growing to 770.2 billion yuan in 2024 [8][9]. - The demand for industrial automation has surged due to rising labor costs and the need for higher product quality, driving the growth of the industrial control power supply market [9]. Group 4: Competitive Landscape - Domestic companies like Yingjie Electric and Dongfang Sitong are rapidly catching up to international standards, effectively meeting downstream equipment demands and gradually replacing imported products [11]. - The industry still has many small and medium-sized enterprises that primarily serve sectors with lower precision and performance requirements, relying on cost competition to maintain market share [11]. Group 5: Development Trends - Emerging industries such as photovoltaics and rare earth materials are driving the upgrade of the industrial control power supply industry, leading to increased demand for high-quality products [13]. - The industry is expected to shift towards digitalization, with mainstream products evolving from analog-digital combinations to fully digital, modular, intelligent, and programmable solutions [13][14]. - The concentration of the industry is anticipated to increase, with market resources shifting towards leading enterprises that possess economies of scale and technological innovation advantages [15].

Group 1 - The automation equipment sector increased by 2.46% on December 30, with Boke Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3965.12, unchanged, while the Shenzhen Component Index rose by 0.49% to 13604.07 [1] - Key stocks in the automation equipment sector showed significant price increases, with Boke Co., Ltd. rising by 20.00% to a closing price of 145.99 [1] Group 2 - The sector saw a net inflow of 738 million yuan from institutional investors, while retail investors experienced a net outflow of 709 million yuan [2] - Notable stocks with significant net inflows from institutional investors include Green Harmony with 116 million yuan and Robot with 115 million yuan [3] - Conversely, retail investors showed significant outflows from stocks like Robot and Sanfeng Intelligent, with outflows of 117 million yuan and 98 million yuan respectively [3]

Core Viewpoint - Hechuan Technology has seen significant trading activity, with a notable discount on recent block trades compared to its closing price, indicating potential investor interest and market dynamics [2] Trading Activity - On December 29, Hechuan Technology recorded 2 block trades totaling 400,000 shares, with a transaction value of 11.09 million yuan, at a price of 27.73 yuan, reflecting a discount of 23.31% compared to the closing price [2] - Over the past three months, the stock has experienced 5 block trades with a cumulative transaction value of 32.06 million yuan [2] Stock Performance - The closing price of Hechuan Technology on the same day was 36.16 yuan, marking an increase of 4.36%, with a daily turnover rate of 5.01% and a total transaction volume of 272 million yuan [2] - In the last five days, the stock has appreciated by 11.09%, with a net capital inflow of 17.03 million yuan [2] Margin Trading Data - The latest margin financing balance for Hechuan Technology stands at 203 million yuan, having decreased by 2.91 million yuan over the past five days, representing a decline of 1.41% [2] Company Background - Zhejiang Hechuan Technology Co., Ltd. was established on November 22, 2011, with a registered capital of 1.51 billion yuan [2]

Group 1 - The trading date for Hechuan Technology (stock code: 688320) was December 29, 2025, with a transaction price of 27.73 yuan and a total transaction amount of 554.6 million yuan [1] - The trading volume for Hechuan Technology on that date was recorded at 20 [1] - The buying brokerage firms included CITIC Securities and Guotai Junan Securities, while the selling brokerage firm was China Galaxy Securities [1]

Core Viewpoint - Hechuan Technology (688320.SH) announced a shareholder equity change involving a reduction in shareholding by certain investors, impacting the overall ownership structure of the company [1] Group 1: Shareholder Equity Change - From December 17, 2025, to December 26, 2025, shareholders Qizhou Qingchuan Venture Capital Partnership, Qizhou Hepeng Enterprise Management Consulting Center, and Qizhou Hejie Enterprise Management Consulting Center collectively reduced their holdings by 887,400 shares, representing 0.59% of the total share capital [1] - Following this equity change, Mr. Wang Xiangbin and his concerted actions reduced their total shareholding from 40,137,281 shares to 39,249,856 shares, decreasing their ownership percentage from 26.58% to 25.99% [1]

Core Viewpoint - Hechuan Technology (688320.SH) announced a shareholder equity change involving a reduction in shareholding by certain investors, impacting the overall ownership structure of the company [1] Group 1: Shareholder Equity Change - From December 17, 2025, to December 26, 2025, shareholders Qizhou Qingchuan Venture Capital Partnership, Qizhou Hepeng Enterprise Management Consulting Center, and Qizhou Hejie Enterprise Management Consulting Center collectively reduced their holdings by 887,400 shares, representing 0.59% of the total share capital [1] - Following this equity change, Mr. Wang Xiangbin and his concerted actions with the aforementioned investors saw their total shareholding decrease from 40,137,281 shares to 39,249,856 shares, reducing their ownership percentage from 26.58% to 25.99% [1]

证券代码：688320 证券简称：禾川科技 公告编号：2025-067 浙江禾川科技股份有限公司 关于持股 5%以上股东权益变动触及 1%刻度的提示性 公告 信息披露义务人王项彬先生、衢州晴川创业投资合伙企业（有限合伙）、衢州禾鹏 企业管理咨询中心（有限合伙）、衢州禾杰企业管理咨询中心（有限合伙）保证向本公 司提供的信息真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司董事会及全体董事保证公告内容与信息披露义务人提供的信息一致。 重要内容提示： | 权益变动方向 | 比例增加□ | 比例减少 | | --- | --- | --- | | 权益变动前合计比例 | 26.58% | | | 权益变动后合计比例 | 25.99% | | | 本次变动是否违反已作出的承诺、意向、计划 | 是□ 否 | | | 是否触发强制要约收购义务 | 是□ 否 | | 一、 信息披露义务人及其一致行动人的基本信息 1.身份类别 | | 控股股东/实际控制人及其一致行动人 | | --- | --- | | | □其他 5%以上大股东及其一致行动人 | | 投资者及其一致行动人的身份 | □合并口径第一大股东 ...

Group 1 - The core point of the announcement is that the controlling shareholder's concerted action parties, including Qingchuan Investment, Quzhou Hepeng, and Quzhou Hejie, will reduce their holdings by a total of 887,400 shares, accounting for 0.59% of the total share capital from December 17 to 26, 2025 [1] - Following this equity change, the shareholding ratio of Wang Xiangbin and his concerted action parties will decrease from 26.58% to 25.99%, reaching a 1% integer threshold [1] - This reduction is part of a previously planned action and does not trigger a mandatory tender offer, nor will it lead to changes in the controlling shareholder or actual controller, and it is not expected to have a significant impact on the company [1]

Group 1 - The core point of the news is that Hechuan Technology experienced a block trade on December 25, with a transaction volume of 80,000 shares and a transaction amount of 2.0768 million yuan, at a price of 25.96 yuan, which represents a discount of 25.79% compared to the closing price of the day [2][3] - The buyer of the block trade was CITIC Securities Co., Ltd. from the Quzhou Xinqiao Street branch, while the seller was China Galaxy Securities Co., Ltd. from the Foshan Lujing Road branch [2][3] - In the last three months, Hechuan Technology has had a total of three block trades, with a cumulative transaction amount of 20.9696 million yuan [2] Group 2 - On the same day, Hechuan Technology's closing price was 34.98 yuan, reflecting an increase of 7.86%, with a turnover rate of 4.73% and a total transaction amount of 243 million yuan [2] - The net inflow of main funds for the day was 17.2053 million yuan, and over the past five days, the stock has increased by 10.10%, with a total net inflow of funds amounting to 18.7169 million yuan [2] - The latest margin financing balance for Hechuan Technology is 202 million yuan, which has decreased by 1.1292 million yuan over the past five days, representing a decline of 0.56% [3]