Investment Rating - The report maintains an "Outperform the Market" rating for the mechanical equipment industry [4][30]. Core Views - The humanoid robot sector is highlighted for its growth potential, with a focus on key suppliers and companies with strong market positions. Specific components such as joint modules, dexterous hands, and reducers are identified as critical areas for investment [2][3]. - AI infrastructure is expected to see continued capital expenditure growth driven by demand for data centers, benefiting companies involved in gas turbines and chillers [2]. - The low-altitude economy is progressing rapidly, with a national low-altitude traffic project initiated to standardize air traffic management [3]. - The smart welding robot market is projected to grow significantly, particularly in the steel structure industry, with a market potential nearing 100 billion [3]. - 3D printing technology is gaining traction in various sectors, including aerospace and consumer electronics, due to its advantages in creating complex structures and reducing development cycles [3]. - X-ray detection equipment is experiencing rapid growth driven by demand in healthcare and industrial sectors, with a focus on domestic production of core components [3]. Summary by Sections Industry Dynamics - Recent developments include the introduction of various humanoid robots and AI infrastructure projects, such as the opening of a new data center by Alibaba Cloud in South Korea [1][19]. - The report notes significant growth in 3D printing equipment production, with a year-on-year increase of 40% in May [20]. Government News - The China Securities Regulatory Commission supports the application of the fifth set of listing standards for companies in cutting-edge technology sectors, including AI and low-altitude economy [21]. Company Developments - Notable partnerships and investments include Demar Technology's strategic agreement with Zhiyuan Robotics and Qinan Co., Ltd.'s investment in Moxian Technology [23][24]. - Midea's humanoid robot has successfully begun operations in its factories, marking a significant step in automation [16]. - The launch of the Star Motion Q5 intelligent robot showcases advancements in flexible joint technology and AI control systems [18]. Key Company Earnings Forecast and Valuation - Several companies are rated as "Outperform the Market," including Green's Harmonics, Huichuan Technology, and Zhaowei Electric, with projected earnings per share (EPS) growth for 2024 and 2025 [7][28].

Group 1 - Guoxin Culture (600636) plans to reduce its shareholding by up to 1% of the total share capital, with a reduction period from May 23 to June 17, and the total amount reduced is 35.40 million yuan [1] - Beijing Junzheng (300223) has not yet reduced its shares despite a plan to reduce up to 0.5254% of the total share capital during the period from February 25 to June 18, 2025 [1] - Beixin Source (300352) has completed a reduction of 1% of its total share capital, with a plan to reduce up to 3% during the period from March 19 to April 3, 2025 [1] Group 2 - Daili New Materials (300700) has reduced 4,970,000 shares, with a plan to reduce up to 1.2549% of the total share capital from June 12 to June 17, 2025 [2] - Phoenix Shipping (000520) has reduced 10,120,796 shares, with a plan to reduce up to 3% of the total share capital, and the reduction plan is not yet completed [2] - Guhigh Technology (301510) has reduced 3,804,900 shares, with a plan to reduce up to 1% of the total share capital, and the reduction plan is not yet completed [2] Group 3 - Huashu High-Tech (688433) has reduced 5,683,063 shares, with a plan to reduce up to 2% of the total share capital, and the reduction plan has been terminated early [3] - Jin'an Guoji (002636) plans to reduce up to 1.119% of the total share capital, with a reduction period starting from 15 trading days after the announcement for three months [3] - Jun Chuang Technology (833533) plans to reduce up to 0.93% of the total share capital, with a reduction period starting from 15 trading days after the announcement for three months [3] Group 4 - Nanshan Zhishang (300918) plans to reduce up to 1% of the total share capital, with a reduction period starting from 15 trading days after the announcement for three months [4] - Ningbo Jingda (603088) plans to reduce up to 3.1% of the total share capital, with a reduction period from July 10 to October 7, 2025 [5] - Pingwo Food (300892) has completed a reduction of shares, with a plan to reduce up to 0.53% of the total share capital during the period from February 24 to June 17, 2025 [5] Group 5 - Shanghai Yanpu (605128) plans to reduce up to 2.998% of the total share capital, with a reduction period from July 10 to October 9, 2025 [6] - Suzhou Longjie (603332) plans to reduce a total of 932,100 shares, which is 0.4308% of the total share capital, during the period from July 11 to October 8, 2025 [6] - Yigao (002922) has a plan to reduce a total of 482,270 shares, with a reduction period from February 25 to June 18, 2025, and some shareholders have not yet completed their reductions [7]

证券代码：688433 证券简称：华曙高科 公告编号：2025-026 湖南华曙高科技股份有限公司 持股 5%以上股东权益变动触及 1%刻度、提前终止 减持计划暨减持股份结果公告 本公司董事会、全体董事及相关股东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。 重要内容提示： 本次减持计划实施前，湖南兴旺建设有限公司（以下简称"兴旺建设"） 持有湖南华曙高科技股份有限公司（以下简称"公司"）股份 90,884,880 股，占 公司总股本的 21.94%，为其在公司 IPO 之前取得的股份，且已于 2024 年 4 月 ? 减持计划的实施结果情况 份有限公司持股 5%以上股东减持股份计划公告》，兴旺建设拟自 2025 年 3 月 不超过 8,283,376 股，占公司总股本比例不超过 2%。 公司于 2025 年 6 月 18 日收到公司股东兴旺建设的书面告知函。截至 2025 年 6 月 17 日，兴旺建设通过大宗交易方式减持公司股份 5,683,063 股，占公司总 股本的 1.37%。本次减持计划提前终止。 ? 本次权益变动情况 本次权益变 ...

证券代码：688433 证券简称：华曙高科 公告编号：2025-026 湖南华曙高科技股份有限公司 持股 5%以上股东权益变动触及 1%刻度、提前终止 减持计划暨减持股份结果公告 本公司董事会、全体董事及相关股东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。 重要内容提示： 大股东持股的基本情况 本次减持计划实施前，湖南兴旺建设有限公司（以下简称"兴旺建设"） 持有湖南华曙高科技股份有限公司（以下简称"公司"）股份 90,884,880 股，占 公司总股本的 21.94%，为其在公司 IPO 之前取得的股份，且已于 2024 年 4 月 17 日起解除限售并上市流通。 | 股东名称 | 兴旺建设 | | | | --- | --- | --- | --- | | 股东身份 | 控股股东、实控人及一致行动人 | □是 | √否 | | | 直接持股 5%以上股东 | √是 | □否 | | | 董事、监事和高级管理人员 | □是 | √否 | | | 其他：无 | | | | 持股数量 | 90,884,880股 | | | | 持股比例 | ...

股价表现方面，今日科创50指数下跌0.80%，科创板股中，今日上涨的有237只，占40.31%，今日发生 大宗交易的科创板股平均下跌0.42%，其中，涨幅居前的为华曙高科、泛亚微透、虹软科技等，涨幅分 别为3.85%、0.96%、0.62%，跌幅居前的有倍轻松、德龙激光、聚和材料等，分别下跌3.80%、2.41%、 1.81%。 资金流向方面，今日发生大宗交易的科创板股中，有3股获主力资金净流入，净流入资金居前的有华曙 高科、聚和材料、京源环保等，净流入资金为1111.27万元、326.02万元、261.59万元，净流出资金居前 的有倍轻松、浩瀚深度、奇安信等，净流出资金为1270.58万元、980.11万元、805.96万元。（数据宝） 12只科创板股大宗交易平台今日发生交易，合计成交2.17亿元。 证券时报·数据宝统计显示，6月17日共有12只科创板股发生大宗交易，合计成交16笔，累计成交量 701.80万股，成交额合计2.17亿元。 统计显示，成交金额最多的是华曙高科，共有3笔大宗交易，合计成交量为320.61万股，成交金额合计 9900.32万元；其次是骄成超声、奇安信，今日大宗交易金额分别为3275 ...

昨日基金共对24家公司进行调研，扎堆调研天孚通信、华曙高科、中际旭创等。 证券时报·数据宝统计，6月11日共37家公司被机构调研，按调研机构类型看，基金参与24家公司的调研 活动，其中，5家以上基金扎堆调研公司共9家。天孚通信最受关注，参与调研的基金达53家；华曙高 科、中际旭创等分别获29家、13家基金集体调研。 基金参与调研的公司中，按所属板块统计，深市主板公司有7家，创业板公司有14家，科创板公司有3 家。所属行业来看，基金调研的公司共涉及12个行业，所属医药生物行业最多，有4家公司上榜；基础 化工、电子等紧随其后，分别有3家、3家公司上榜。 从基金调研公司的A股总市值统计，总市值在500亿元以上的共有4家，其中总市值超千亿元的有中际旭 创、爱尔眼科等，总市值不足100亿元的有15家，分别是炬申股份、联盛化学、思进智能等。 （文章来源：证券时报网） 市场表现上，基金调研股中，近5日上涨的有13只，涨幅居前的有涛涛车业、中润资源、天孚通信等， 涨幅为30.90%、19.27%、12.33%；下跌的有10只，跌幅居前的有曼卡龙、汤臣倍健、中国重汽等，跌 幅为12.67%、3.51%、2.19%。 数据宝统计 ...

Group 1: Yangjie Technology - Yangjie Technology maintains a positive outlook on future gross margin trends, driven by high-margin industry layout, technological R&D for value-added upgrades, and systematic cost reduction strategies [1] - The company expects to enhance operational efficiency through continuous cost control and aims to capitalize on the domestic substitution of low-power chips in the automotive electronics sector [1] - Emerging sectors such as clean energy (solar and wind) will provide diverse growth opportunities for power semiconductors, while overseas business remains a core part of the company's globalization strategy [1] Group 2: Haiguang Information - The merger between Haiguang Information and Zhongke Shuguang aims to enhance the core competitiveness of the computing power industry through a share swap absorption merger [2] - The share swap ratio is based on the average stock price over the previous 120 trading days, with Zhongke Shuguang shareholders receiving 0.5525 shares of Haiguang Information for each share held [2] - The integration will create a closed-loop layout from high-end chip design to complete high-end computer systems, enhancing technological and application synergy [2] Group 3: Huydian Co., Ltd. - Huydian Co., Ltd. focuses on a differentiated product competition strategy, with core applications in communication equipment, data center infrastructure, and automotive electronics [3] - The company anticipates revenue of approximately 10.093 billion yuan from the enterprise communication market in 2024, primarily from servers, HPC, and high-speed network switches [3] - The Thai factory has begun small-scale production, aiming to improve production efficiency and yield stability [3] Group 4: Huazhu High-Tech - The institutional research covers various aspects, including the application of titanium alloys in consumer electronics and the recovery of the aerospace sector [4] - The company indicates that 3D printing can address heat dissipation issues through unique structural designs and may utilize alternative materials [4] - The major shareholder's reduction in holdings is aimed at recovering investment costs and optimizing the shareholder structure [4]

1. 联得装备(300545.SZ)：控股股东聂泉及其一致行动人聂键计划在3个月内通过集中竞价和大宗交易方 式减持公司股份不超过5,401,529股，占公司总股本的3.00%。 2. 博士眼镜(300622.SZ)：控股股东ALEXANDER LIU及LOUISA FAN计划在3个月内通过集中竞价或大 宗交易方式减持公司股份不超过4,718,494股，占公司总股本的2.69%。 3. 本川智能(300964.SZ)：控股股东董晓俊先生计划自公告披露之日起15个交易日后3个月内通过集中竞 价或大宗交易方式减持公司股份不超过2,318,900股，占公司总股本的3.00%。 4. 湖北广电(000665.SZ)：股东中信国安信息产业股份有限公司计划在未来3个月内通过集中竞价交易方 式减持公司股份不超过11,371,400股，占公司总股本的1.00%。 5. 威星智能(002849.SZ)：股东南阳颐锐丰企业管理合伙企业(有限合伙)计划自公告披露之日起3个交易 日后3个月内以集中竞价方式减持公司股份不超过30,400股，占公司总股本的0.01%。 6. 天舟文化(300148.SZ)：董事袁雄贵先生计划自公告披露之日 ...

证券代码：688433 证券简称：华曙高科 公告编号：2025-025 湖南华曙高科技股份有限公司 持股 5%以上股东减持股份计划公告 本公司董事会、全体董事及相关股东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。 重要内容提示： 大股东持股的基本情况 截至本公告披露日，湖南华曙高科技股份有限公司（以下简称"公司"或"华 曙高科"）股东国投（上海）科技成果转化创业投资基金企业（有限合伙）（以下 简称"国投创业基金"）持有华曙高科股份 28,991,747 股，占公司总股本的 7.00%， 为其在公司 IPO 之前取得的股份，前述股份均已于 2024 年 4 月 17 日上市流通。 减持计划的主要内容 公司近日收到公司持股 5%以上的股东国投创业基金发来的《减持股份计划 告知函》，因股东自身资金需求，国投创业基金计划拟自本公告披露之日起十五 个交易日后的三个月内，通过集中竞价交易和大宗交易的方式合计减持其所持有 的公司股份合计不超过 9,111,714 股，拟减持股份数量占公司总股本的比例合计 不超过 2.20%。其中，通过集中竞价交易方式减持 ...

增减持 华曙高科：国投创业基金拟减持不超2.2%公司股份 华曙高科公告，因股东自身资金需求，持有公司7%股份的国投创业基金拟通过集中竞价交易和大宗交 易的方式合计减持其所持有的公司股份不超过911.17万股，占公司总股本的比例不超过2.20%。 神通科技：必恒投资拟减持不超3%公司股份 神通科技公告，因自身资金需求，股东必恒投资计划通过集中竞价及大宗交易方式减持其持有的公司股 份合计不超过1288.06万股，减持比例不超过公司总股本的3%。 金丹科技：广州诚信拟减持不超2.93%公司股份 每经记者｜王琳 每经编辑｜魏官红 风险事项 ST路通：收到江苏证监局行政监管措施决定书 ST路通公告，公司及相关责任人收到中国证监会江苏监管局下发的《江苏证监局关于对无锡路通视信 网络股份有限公司、林竹、黄茂钦、邱京卫、付新悦采取出具警示函措施的决定》。经查，公司存在公 章管理内部控制缺陷、未及时披露重大诉讼及账户冻结情况等问题，对相关责任人采取出具警示函的行 政监管措施，并记入证券期货市场诚信档案。 中电鑫龙：公司不存在应披露而未披露的重大事项 中电鑫龙公告，公司股票交易价格连续2个交易日收盘价格涨幅偏离值累计超过20%， ...