责任编辑：栎树 股票频道更多独家策划、专家专栏，免费查阅>> 12月11日，A股市场商业航天股走强，其中，通光线缆20CM涨停，中超控股、立昂微、华菱线缆10CM涨 停，云南锗业涨超8%，泰胜风能、华光新材涨超6%，国机精工、富瑞特装、中国卫星、上海瀚讯、航天 动力、智明达涨超4%。 | | | | | 商业航天板块个股 | | | | --- | --- | --- | --- | --- | --- | --- | | 序号 代码 | | 名称 | | 涨幅%↓ | 总市值 | 年初至今涨幅% | | 1 | 300265 | 通光线缆 | 1 | 19.98 | 56.16亿 | 46.70 | | 2 | 002471 | 中超控股 | 1 | 10.02 | 66.11亿 | 76.92 | | 3 | 605358 | 立昂微 | # | 10.01 | 245亿 | 47.36 | | ব | 001208 | 华蒙线缆 | 1 | 10.00 | 94.80亿 | 64.39 | | 5 | 002428 | 石陶猪业 | 1 | 8.99 | 210亿 | 70.27 | | 6 | 300 ...

Core Viewpoint - Huaguang New Materials (688379.SH) has been deeply engaged in the brazing materials sector for thirty years and is actively developing innovative materials and efficient welding solutions, including smart laser brazing and smart laser cladding, which have started to generate revenue, albeit at a small initial scale [1] Group 1 - The company has a long-standing focus on the brazing materials field, with thirty years of experience [1] - The company is expanding its technological capabilities by developing smart laser brazing and smart laser cladding solutions [1] - Revenue from these new business segments has begun to materialize, although it currently represents a small proportion of total income [1] Group 2 - The company is also researching adhesive technologies for applications in aircraft engines [1] - Revenue from the adhesive technology segment has not yet been realized [1]

华光新材的三十年发展史，是一部以技术创新驱动进口替代、不断拓展应用边界的奋斗史。从1995年创 立之初聚焦钎焊材料，到2001年自主研发银钎料打破国外垄断，再到2007年登顶中国制冷产业链细分市 场，公司完成了从"追光者"到"领军者"的蜕变。此后，荣获国家科技进步二等奖、牵头制定国家《银钎 料》标准、获评"制造业单项冠军示范企业"，直至2020年成功登陆科创板，成为行业及余杭区首家科创 板上市企业，每一步都夯实了其在基础材料领域的领先地位。 更为关键的是，华光新材的创新从未止步于传统优势领域。近年来，公司敏锐捕捉产业变革信号，相继 通过IATF16949认证切入新能源汽车赛道，实现锡焊膏技术突破进军微电子领域，并成立电子连接事业 部。其产品线已从巩固中温钎料优势，发展为覆盖电子浆料、软钎料、高温钎料的全品类布局，深度融 入智能家居、电力电气、新能源汽车、航空航天乃至AI算力等经济主战场。这为拥抱智能化变革奠定 了坚实的产业基础和市场洞察力。 "AI智联"成为高峰论坛焦点，指明产业升级新路径 在制造业向高端化、智能化、绿色化转型的时代浪潮中，作为"工业筋骨"的连接材料与技术，其创新水 平直接关乎产业链的自主可控 ...

本报讯 （记者吴文婧）12月5日，以"AI智联 焊创新程"为核心主题的第九届绿色连接与制造高峰论坛暨 杭州华光焊接新材料股份有限公司30周年庆典在杭州顺利开幕。本次论坛由材料结构精密焊接与连接全 国重点实验室主办，杭州华光焊接新材料股份有限公司（以下简称"华光新材"）、杭州孚晶焊接科技有 限公司联合承办。 （编辑 李家琪 张昕） 焊接技术与人们的日常生活息息相关。小到眼镜架、冰箱阀门、自行车各个部件的焊接，大到工程盾构 机、航空发动机的制造都离不开焊接技术。因此，先进连接材料及技术，既是国计民生的可靠保证，更 是中国式现代化进程中制造业高质量发展的战略支撑。 历经八载深耕积淀，论坛始终聚焦行业前沿、锚定技术突破，不仅赢得了行业专家学者、产业链上下游 客户的广泛认可与深度参与，更获余杭区政府的悉心指导与鼎力支持，已成长为凝聚行业共识、推动技 术革新、促进产学研用协同的重要交流平台。 "回望中国制造30年，从规模扩张到质量跃升，华光新材深耕钎焊材料的三十年，正是从进口替代到行 业领军的生动缩影，充分彰显出中国制造的强大韧性。"科技部原高新技术司副司长曹国英表示。 展望未来，金李梅表示，华光新材将继续秉持创新初心， ...

证券日报网讯华光新材11月25日在互动平台回答投资者提问时表示，公司会在定期报告中披露报告期末 的股东人数，截至2025年9月30日，公司股东人数为9368户，后续可关注公司定期报告中披露的2025年 末股东人数情况。 （文章来源：证券日报） ...

Core Viewpoint - Huaguang New Materials stated that its asset-liability ratio is around 60% and is considering a combination of debt and equity financing based on actual operating conditions [1] Group 1 - The company's asset-liability ratio is approximately 60% [1] - The company is exploring multiple channels for financing, including both debt and equity options [1]

11月19日，华光新材举办2025年第三季度业绩说明会。公司就2025年第三季度的经营成果、财务状况与 投资者展开线上互动交流。 数据显示，公司前三季度营业收入与净利润实现双高增长，实现营业收入18.26亿元、归母净利润1.58亿 元，同比分别增长33.15%和100.79%，核心业务扩张成效显著。 对于投资者关心的公司能否如期完成或超额完成全年生产任务等问题，华光新材回应称，第四季度公司 积极推进各项业务，产量、销量及应收款管理等指标力争实现同比进一步增长。 近年来，华光新材充分发挥钎焊材料"工业万能胶"的特色，通过新产品新技术的创新及新市场的逐步拓 展，持续扩大产业链布局，在推动制冷暖通、电力电气等优势行业稳健增长的基础上，积极开拓新能源 汽车、电子半导体、AI 产业等新兴赛道。 围绕业务发展战略等问题，华光新材表示，公司一直重视新产品新技术的研发投入以及新市场的拓展， 近两年公司在新能源汽车、电子等新赛道的业务快速增长，同时2025年公司在AI液冷服务器领域开始 批量供货。公司围绕战略规划对相关产业和技术开展投资，实现产业和技术的协同。目前公司预成型高 活性锡焊片在半导体领域推进验证，还未实现批量供应。 ...

Core Insights - The company held its Q3 2025 earnings presentation on November 19, 2025, with full interaction from investors, achieving a 100% response rate to questions [1] Group 1: Project Updates - The Thailand project is currently in the equipment installation and trial production phase, with expected production start in early next year [2] - The company is actively pursuing a simplified procedure for a targeted issuance of new shares, with specific timelines to be announced in future announcements [3] Group 2: Financial Performance and Plans - The company is working on a share buyback plan, having already repurchased shares worth nearly 70 million yuan as of January 2025, with further plans to be disclosed as they develop [4] - The management reassured investors that the recent share reductions by executives are due to personal financial needs, not a lack of confidence in the company's future [5] Group 3: Business Development - The company reported continuous revenue growth in its data center-related business, particularly in the AI liquid cooling server sector, which is expected to contribute significantly to revenue as the AI industry expands [6][7] - The company is focusing on new product development and market expansion, with notable growth in the new energy vehicle and electronics sectors over the past two years [3][7] - The company is currently validating its pre-formed high-activity solder paste in the semiconductor field, but has not yet achieved mass supply [6][7] Group 4: Operational Metrics - The company's current capacity utilization rate exceeds 80% [6]

格隆汇11月19日｜有投资者在互动平台向华光新材提问：泰国项目什么时候能投产？华光新材回复称， 公司泰国项目正在安装设备、试生产调试和验证中，预计明年初投产。 ...

Core Viewpoint - Huaguang New Materials has experienced significant stock price fluctuations, with a year-to-date increase of 141.24% but a recent decline in the short term, indicating potential volatility in investor sentiment and market conditions [2][3]. Stock Performance - As of November 5, Huaguang New Materials' stock price was 48.26 CNY per share, down 2.05% during the trading session, with a market capitalization of 4.348 billion CNY [1]. - The stock has seen a net inflow of 112,600 CNY from main funds, with large orders accounting for 27.41% of purchases and 26.17% of sales [1]. - Over the past five trading days, the stock has decreased by 1.53%, and over the past 20 days, it has dropped by 12.28%, while showing a 17.35% increase over the last 60 days [2]. Company Overview - Huaguang New Materials, established on November 19, 1997, and listed on August 19, 2020, specializes in the research, production, and sales of brazing materials [2]. - The company's revenue composition includes silver brazing materials (42.20%), copper-based brazing materials (34.77%), and other products (22.81%) [2]. Financial Performance - For the period from January to September 2025, Huaguang New Materials reported a revenue of 1.826 billion CNY, representing a year-on-year growth of 33.15%, and a net profit attributable to shareholders of 158 million CNY, which is a 100.79% increase year-on-year [3]. - The company has distributed a total of 83.9708 million CNY in dividends since its A-share listing, with 50.1788 million CNY distributed over the past three years [4]. Shareholder Information - As of September 30, 2025, the number of shareholders increased to 9,368, up by 54.38%, while the average circulating shares per person decreased by 35.23% to 9,616 shares [3]. - Notably, Guojin Self-Innovation A (010615) has exited the list of the top ten circulating shareholders [4].