（编辑 丛可心） 证券日报网1月23日讯 ，宏华数科在接受调研者提问时表示，近年来，公司毛利率总体保持稳定态势。 未来，公司会通过不断加强技术与产品创新，持续提升产品竞争力，并通过规模化、精细化管理强化成 本与费用控制，来保障公司持续盈利能力。 ...

证券日报网1月23日讯 ，宏华数科在接受调研者提问时表示，公司始终秉持"以投资者为本"的发展理 念，致力于与股东分享企业的成长与发展成果。公司上市以来已连续三年执行现金分红政策，且每年现 金分红占合并报表中归属于母公司股东的净利润比例均不低于30%。公司将在充分考虑业务实际、未来 发展战略及行业趋势的基础上，持续为投资者提供连续、稳定的现金分红，给投资者带来长期的投资回 报，增强投资者价值获得感。 （文章来源：证券日报） ...

证券日报网1月23日讯，宏华数科在接受调研者提问时表示，公司海外业务收入主要以美元为结算币 种，美元等外汇市场汇率的波动可能在一定程度上对公司盈利情况产生影响。套期保值业务可以在一定 程度上规避外汇市场风险、防范汇率大幅波动带来的不利影响，公司择机开展，尽可能的减少汇兑损失 的风险敞口。 ...

证券日报网讯1月23日，宏华数科在互动平台回答投资者提问时表示，公司产品已销往全球多个国家和 地区，其中包含欧盟成员国，目前该部分收入在公司整体营收中占比较低，公司上述出口业务的销售模 式主要以境内主体直接出口为主，具体情况请参阅公司定期报告。 ...

（文章来源：证券日报） 证券日报网讯 1月12日，宏华数科发布公告称，近日，杭州宏华数码科技股份有限公司控股子公司天津 宏华数码新材料有限公司（以下简称"宏华新材料"）于近日收到由天津市科学技术局、天津市财政局、 国家税务总局天津市税务局联合颁发的《 高新技术企业证书》 ，证书编号为GR202512001995，发证日 期：2025 年 12 月 8 日，有效期三年。 ...

2026 年 1 月 13 日 证券代码：688789 证券简称：宏华数科 公告编号：2026-001 杭州宏华数码科技股份有限公司 关于自愿披露控股子公司通过高新技术企业认定的公告 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。 近日，杭州宏华数码科技股份有限公司控股子公司天津宏华数码新材料有限公 司（以下简称"宏华新材料"）于近日收到由天津市科学技术局、天津市财政局、 国家税务总局天津市税务局联合颁发的《高新技术企业证书》，证书编号为 GR202512001995，发证日期：2025 年 12 月 8 日，有效期三年。 宏华新材料本次获得高新技术企业证书系首次认定。根据《中华人民共和国企 业所得税法》等有关规定，宏华新材料自通过高新技术企业认定后三年内（2025 年 至 2027 年）可以享受国家关于高新技术企业的税收优惠政策，即按 15%的税率缴纳 企业所得税。 特此公告。 杭州宏华数码科技股份有限公司董事会 ...

格隆汇1月12日丨宏华数科(688789.SH)公布，近日，杭州宏华数码科技股份有限公司控股子公司天津宏 华数码新材料有限公司(以下简称"宏华新材料")于近日收到由天津市科学技术局、天津市财政局、国家 税务总局天津市税务局联合颁发的《高新技术企业证书》，证书编号为GR202512001995，发证日期： 2025年12月8日，有效期三年。宏华新材料本次获得高新技术企业证书系首次认定。 ...

格隆汇1月12日丨宏华数科(688789.SH)公布，近日，杭州宏华数码科技股份有限公司控股子公司天津宏 华数码新材料有限公司(以下简称"宏华新材料")于近日收到由天津市科学技术局、天津市财政局、国家 税务总局天津市税务局联合颁发的《高新技术企业证书》，证书编号为GR202512001995，发证日期： 2025年12月8日，有效期三年。宏华新材料本次获得高新技术企业证书系首次认定。 ...

Investment Rating - The report rates the mechanical industry as "Overweight" [5] Core Insights - The mechanical equipment index increased by 5.98% during the week of January 5 to January 9, 2026, outperforming the CSI 300 index, which rose by 2.79% [8] - China has submitted applications for 203,000 new satellites covering 14 satellite constellations, indicating a significant expansion in the commercial space sector [5] - The CES 2026 showcased advancements in humanoid robots, with companies like Upward and Boston Dynamics unveiling new models, highlighting the industry's shift towards diversification and automation [5] Summary by Sections Weekly Market Summary - The mechanical equipment sector's performance was ranked 10th among 31 first-level industries, with a weekly increase of 5.98% [8] - The mechanical industry index has risen by 53.09% since the beginning of 2025, compared to a 24.57% increase in the CSI 300 index [10] Key Macro Data - The manufacturing PMI for December 2025 was reported at 50.1%, indicating stable growth in the sector [15] - The production index and order index for December 2025 were 50.8% and 51.7%, respectively, suggesting positive trends in manufacturing activity [21] Sub-industry Data Summary Engineering Machinery Industry - Excavator sales in December 2025 reached 23,095 units, a year-on-year increase of 19.2% [36] Machine Tool and Industrial Robot Industry - Industrial robot production in November 2025 was 70,188 units, reflecting a year-on-year growth of 20.6% [41] Rail Transit Industry - The cumulative production of EMUs from January to November 2025 was 1,722 units, with November production showing a year-on-year increase of 24.1% [45] Oilfield Equipment Industry - The global active drilling rig count was 1,813 units as of November 2025, with Brent crude oil averaging $63.34 per barrel on January 9, 2026 [53] Semiconductor Equipment Industry - Semiconductor sales in November 2025 reached $75.28 billion, with a month-on-month increase of 3.53% [76] Key Company Earnings Forecast - The report recommends several companies for investment, including: - Humanoid Robots: Hengli Hydraulic, Changying Precision, and others [5] - Chip Equipment: Keri Technology [5] - Commercial Aerospace: Plit [5] - AI Infrastructure: Ice Wheel Environment, Hanzhong Precision, and others [5] - Engineering Machinery: Sany Heavy Industry, XCMG, and others [5] - Export Chain: Honghua Digital Science, Juxing Technology, and others [5]

Core Viewpoint - The consumption of disperse ink in China is expected to grow significantly from 6,300 tons in 2015 to 36,000 tons by 2024, with a compound annual growth rate (CAGR) of 21%, driven by the increasing penetration of digital printing technology and the optimization of disperse ink performance [1][7]. Industry Overview - Disperse ink is primarily made from disperse dyes and is mainly used for printing on polyester fabrics, offering advantages such as vibrant colors, excellent wash fastness, and short dyeing times [3][6]. - The market is divided into two main segments: sublimation ink, which accounts for 90% of the market, and high-temperature disperse ink, which is expected to gain market share due to its environmental benefits [1][7]. Market Segmentation - Sublimation ink is the most widely used due to its efficiency and ability to detect defects during the transfer process, thus reducing production costs [1][7]. - High-temperature disperse ink, while currently holding a smaller market share, is more environmentally friendly as it eliminates the need for transfer paper, which is expected to enhance its market presence in the future [1][11]. Competitive Landscape - The disperse ink market has seen a shift from foreign dominance to a more competitive landscape with domestic companies like Zhejiang Lanyu Digital Technology Co., Ltd. and Zhengzhou Hongsheng Digital Technology Co., Ltd. gaining significant market share [2][9]. - Companies are focusing on R&D and local production to meet the growing demand for high-quality disperse inks [9][10]. Industry Development Trends 1. **Increase in High-Temperature Disperse Ink Market Share** - High-temperature disperse ink is becoming a preferred choice due to its compliance with environmental regulations and its ability to solve issues related to color migration in sublimation inks [11][12]. 2. **Product Functionalization and Value Addition** - Companies are integrating additional functionalities into disperse inks, such as flame retardancy and UV resistance, to meet diverse market needs, particularly in sportswear and outdoor applications [12][13]. 3. **Market Consolidation and Focus on Leading Enterprises** - The industry is moving towards consolidation, with leading companies expanding their market share while smaller firms face challenges due to rising costs and regulatory pressures [13].