| 序号 | 代码 | 名称 | 现价 | 涨跌幅 ▼ | HV. < 3 7 | | --- | --- | --- | --- | --- | --- | | T | 688387 | 信科移动-U | 10.19 | 12.72% | 18.91亿 | | 2 | 300455 | 航天智装 | 27.69 | 6.42% | 15.10亿 | | 3 | 600118 | 中国卫星 | 59.83 | 6.25% | 46.08亿 | | 4 | 300680 | 隆盛科技 | 48.58 | 4.81% | 3.60亿 | | 5 | 688433 | 华曙高科 | 58.01 | 4.24% | 1.05 Z | | 6 | 300053 | 航宇微 | 18.31 | 3.74% | 11.17亿 | | 7 | 300136 | 信维通信 | 37.62 | 3.61% | 16.53亿 | | 8 | 688776 | 国光电气 | 94.11 | 2.94% | 3.69亿 | | 9 | 002025 | 航天电器 | 47.21 | 2.74% | 7.20亿 | | 10 | 002 ...

12月18日，华曙高科涨5.25%，截至发稿，报56.75元/股，成交6357.18万元，换手率0.57%，总市值 235.04亿元。 截至发稿，钟帅累计任职时间5年145天，现任基金资产总规模132.6亿元，任职期间最佳基金回报 173.17%， 任职期间最差基金回报-3.99%。 从基金十大重仓股角度 数据显示，华夏基金旗下1只基金重仓华曙高科。华夏低碳经济一年持有混合A（015229）三季度减持 6.03万股，持有股数22.91万股，占基金净值比例为5.68%，位居第六大重仓股。根据测算，今日浮盈赚 取约64.84万元。 华夏低碳经济一年持有混合A（015229）成立日期2022年6月28日，最新规模1.56亿。今年以来收益 35.27%，同类排名2120/8100；近一年收益27.16%，同类排名3000/8065；成立以来亏损15.82%。 资料显示，湖南华曙高科技股份有限公司位于湖南省长沙市岳麓区岳麓西大道2710号，成立日期2009年 10月21日，上市日期2023年4月17日，公司主营业务涉及工业级增材制造设备的研发、生产与销售,致力 于为全球客户提供金属(SLM)增材制造设备和高分子(SLS ...

当朱雀三号火箭带着3D打印的核心部件直冲太空，当小鹏IRON人形机器人的仿生关节通过3D打印实现量产交付，这个曾经只停留在实验室里的技术，如 今已经实打实成为支撑高端制造的"核心生产力"。 产业端的好消息也一个接一个——快造科技拿到了高瓴数亿元的B轮融资，创想三维正朝着"港股消费级3D打印第一股"冲刺。技术上有了突破，应用场景 全面爆发，再加上资本的助力，这个千亿规模的赛道，显然已经走到了爆发的关键节点。 01 市场越做越大，国产厂商势头正劲 全球3D打印行业早就告别了"小打小闹"的增长阶段，进入了规模化扩张的新时期。根据WOHLERS的统计数据，2024年全球市场规模已经达到219亿美 元，按照中性预期，到2034年有望增长到1145亿美元。 作为制造大国，中国厂商靠着高性价比和快速的技术迭代能力，在全球入门级设备市场里拿下了超过90%的份额，妥妥的绝对主导者。 海关总署的数据显示，2024年国内3D打印设备出口了377.77万台，出口额有89亿元；2025年前三季度的出口量就已经达到349.1万台，差不多接近去年全 年的水平。 按照行业惯例，第四季度是出口高峰，所以2025年全年出口量大概率能突破500万 ...

Core Insights - The 3D printing technology has transitioned from experimental stages to becoming a core productivity driver in high-end manufacturing, evidenced by successful applications in aerospace and robotics [2] - The global 3D printing market is projected to reach $21.9 billion in 2024 and is expected to grow to $114.5 billion by 2034, indicating a significant expansion phase [2] Market Growth and Domestic Manufacturers - The global 3D printing industry has moved beyond small-scale growth and is now in a phase of large-scale expansion, with Chinese manufacturers capturing over 90% of the entry-level equipment market due to high cost-performance ratios [4] - In 2024, China exported 3.7777 million 3D printing devices worth 8.9 billion yuan, with projections indicating that exports could exceed 5 million units and 10 billion yuan in 2025 [4] Domestic Production and Technological Advancements - The domestic production rate for metal 3D printing equipment has increased from less than 30% five years ago to 60%, while the local supply chain coverage for non-metal materials exceeds 85% [5] - Companies like Plater and Huazhu High-Tech are producing competitive metal 3D printers at prices 30% lower than their Western counterparts, successfully entering supply chains in aerospace and new energy vehicles [6] Technological Improvements and Application Expansion - Significant technological advancements have been made in industrial-grade 3D printing, with SLM metal printing achieving precision of 0.01 mm, suitable for aerospace engine components [7] - The efficiency of 3D printing has improved fivefold over the past three years, with entry-level device prices dropping by 60%, making the technology accessible to consumers and small businesses [7] Application Scenarios and Market Drivers - The demand for 3D printing in humanoid robotics and commercial aerospace is rapidly increasing, with 3D printing reducing the number of parts in rocket engines by 80% and cutting costs by 90% [8] - During the 618 shopping festival, sales of 3D printed toys and customized home goods surged over threefold, indicating a strong awakening of consumer demand [10] Investment Opportunities - The year 2025 is anticipated to be pivotal for 3D printing, with three main investment lines identified: core equipment, core materials, and emerging applications [10] - In the core equipment sector, companies like Plater and Huazhu High-Tech are positioned to benefit from industrial and consumer demand growth [11] - The core materials sector is expected to see further domestic production increases, with companies like Zhonghang Mite and Yuyuan Powder Materials offering competitive products [12] - Emerging applications in humanoid robotics and commercial aerospace are likely to experience significant growth, with companies like LZ Group and Yinbang Co. poised to capitalize on these trends [13]

Core Insights - The article emphasizes the rapid growth and transformation of the 3D printing industry, highlighting its transition from experimental technology to a core productivity driver in high-end manufacturing [5][6][23]. - The global 3D printing market is projected to reach $21.9 billion in 2024, with expectations to grow to $114.5 billion by 2034 [6]. Market Expansion and Domestic Manufacturers - Chinese manufacturers dominate the entry-level 3D printing equipment market, capturing over 90% of the share due to high cost-performance and rapid technological iteration [10]. - In 2024, China exported 3.7777 million 3D printing devices worth 8.9 billion yuan, with projections for 2025 to exceed 5 million units and 10 billion yuan in export value [10][11]. - The domestic production rate for metal 3D printing equipment has increased from under 30% five years ago to 60%, while non-metal material supply chain coverage exceeds 85% [11]. Technological Advancements and Application Scenarios - Key technological breakthroughs in industrial-grade 3D printing have achieved precision levels of 0.01 mm, meeting aerospace manufacturing requirements [13]. - The cost of titanium alloy powder, a core material for metal printing, has halved from 600 yuan/kg in 2023 to below 300 yuan/kg [14]. - 3D printing is significantly reducing costs and production times in commercial aerospace, with SpaceX's Raptor engine comprising 85% 3D printed components, leading to a 90% cost reduction and a production cycle cut from 6 months to 1 month [14]. Investment Opportunities - The article identifies three main investment lines for 3D printing: 1. **Core Equipment Line**: Benefiting from industrial and consumer demand growth, with companies like Platinum and Huashu High-Tech leading the market [19]. 2. **Core Materials Line**: Focusing on domestic production advantages, with companies like Zhonghang Mite and Youyan Powder Materials providing competitive pricing [20]. 3. **Emerging Applications Line**: Companies in humanoid robotics and commercial aerospace are positioned to benefit directly from increased demand [22]. Conclusion - The 3D printing industry is at a pivotal moment, transitioning from concept to reality, with significant opportunities for investment as domestic companies lead in both consumer and industrial markets [23].

格隆汇12月16日丨华曙高科(688433.SH)在互动平台表示，公司3D打印设备广泛应用于航空航天领域 （含商业航天），助力终端客户攻克轻量化、复杂异形结构件制造等技术难点，为客户提供全方位的 3D打印解决方案。 ...

Investment Rating - The report maintains a "Positive" outlook on the 3D printing industry, indicating a low current penetration rate and potential for rapid growth driven by the expansion of demand for customized products and the popularization of the 3D farm model [7]. Core Insights - The 3D printing industry is entering a "singularity moment," where growth is driven not just by technological breakthroughs but also by a paradigm shift in industrial manufacturing and a surge in consumer demand for personalized products. Key drivers include agile manufacturing advantages in industrial-grade 3D printing, the ability to produce complex shapes, and the democratization of technology in consumer-grade 3D printing [9][13]. - The global 3D printing market is projected to reach $21.9 billion in 2024, with a year-on-year growth of 9.31%. In China, the market is expected to reach 42.3 billion yuan, with a significant portion of revenue coming from equipment and services [9][69]. Summary by Sections Investment Suggestions and Targets - The report suggests that the 3D printing industry is poised for rapid growth due to low current penetration rates and expanding demand. Key investment targets include: - Consumer-grade 3D printing service operator Huina Technology (300609, not rated) - Industrial-grade metal printing equipment manufacturers Plater (688333, not rated) and Huashu High-Tech (688433, not rated) - 3D printing material suppliers Jialian Technology (301193, not rated) and Youyan Powder Materials (688456, not rated) [4][21]. Industry Overview - 3D printing technology is characterized by its flexibility and high production capacity, allowing for the creation of complex structures with minimal waste. The technology has evolved from traditional subtractive manufacturing to additive manufacturing, enabling significant design freedom and reduced production cycles [22][24]. - The main materials used in 3D printing include plastics and metal powders, with various technological routes such as FDM, SLS, and SLA being commercially viable [31][36]. Market Outlook - The global 3D printing market is experiencing a golden development period, with both consumer and industrial segments expected to expand. The U.S. leads the market, while the Asia-Pacific region is catching up rapidly. The market for 3D printing materials is projected to grow by 35.21% in 2024, with significant growth also seen in 3D bioprinting and metal additive manufacturing [58][62]. - In China, the 3D printing market is expected to reach 42.3 billion yuan in 2024, with a strong focus on equipment and services, which together account for 76% of the market [69][70]. Key Players - The report highlights the differentiation among leading companies in the industrial-grade 3D printing sector, with notable players like Plater and Huashu High-Tech excelling in metal 3D printing. In the consumer-grade sector, Huina Technology is building a supply-demand ecosystem through a combination of scale farms and offline stores [9][20][21].

证券代码：688433 证券简称：华曙高科 湖南华曙高科技股份有限公司 2025 年第二次临时股东会 会议资料 2025 年 12 月 湖南华曙高科技股份有限公司 2025 年第二次临时股东会会议资料 湖南华曙高科技股份有限公司 2025 年第二次临时股东会会议资料 目录 | 年第二次临时股东会会议须知 2025 | 3 | | --- | --- | | 2025 年第二次临时股东会会议议程 | 5 | | 关于与关联方共同投资设立合资公司暨关联交易的议案 7 | | | 关于补选公司第二届董事会非独立董事的议案 | 8 | 湖南华曙高科技股份有限公司 2025 年第二次临时股东会会议资料 湖南华曙高科技股份有限公司 2025 年第二次临时股东会会议须知 为了维护湖南华曙高科技股份有限公司（以下简称"公司"）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 《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》、 《上市公司股东会规则》以及《湖南华曙高科技股份有限公司章程》（以下简称 "《公司章程》"）、《湖南华曙高科技股份有限公司股东会议事规则》等有关 ...

证券代码：688433 证券简称：华曙高科 湖南华曙高科技股份有限公司 2025 年第二次临时股东会 会议资料 2025 年 12 月 湖南华曙高科技股份有限公司 2025 年第二次临时股东会会议资料 湖南华曙高科技股份有限公司 湖南华曙高科技股份有限公司 2025 年第二次临时股东会会议资料 湖南华曙高科技股份有限公司 2025 年第二次临时股东会会议须知 为了维护湖南华曙高科技股份有限公司（以下简称"公司"）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 《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》、 《上市公司股东会规则》以及《湖南华曙高科技股份有限公司章程》（以下简称 "《公司章程》"）、《湖南华曙高科技股份有限公司股东会议事规则》等有关规定， 特制定 2025 年第二次临时股东会会议须知： 一、为保证本次会议的严肃性和正常秩序，切实维护与会股东（含股东代 理人，下同）的合法权益，除出席会议的股东、公司董事、高级管理人员、见 证律师及董事会邀请的人员外，公司有权依法拒绝其他无关人员进入会场。 2025 年第二次临时股东会会议资料 目录 ...

美利信：拟定增募资不超12亿元 12月5日，美利信(301307)发布公告称，公司拟募资不超12亿元（含），用于半导体装备精密结构件建设项目、通信及汽车零部件可钎焊压铸产业化项目以 及补充流动资金。 欧林生物：补缴企业所得税税款420.01万元 12月5日，欧林生物(688319)发布公告称，公司近期配合主管税务机关的工作对公司涉税事项进行了自查。经自查，公司预补缴企业所得税税款共计420.01万 元。目前公司已完成缴纳，主管税务机关未对该事项给予处罚。相关事项尚在沟通与处理过程中，最终金额需税务机关进一步认定。 海森药业：董事及高管拟合计减持不超过12.43万股公司股份 12月5日，海森药业(001367)发布公告称，董事代亚、副总经理张胜权、楼岩军、财务总监潘爱娟、董事会秘书胡康康计划合计减持公司股份不超12.43万 股，占公司总股本的0.0816%。 艾布鲁：拟向实控人等出售控股子公司金鹊农业股权 12月5日，艾布鲁(301259)发布公告称，公司拟将持有的控股子公司金鹊农业47.4%股权转让给钟儒波，将金鹊农业31.6%股权转让给游建军，转让价款合计 1239.14万元。交易完成后，公司将不再持有金鹊 ...