证券代码：688789 证券简称：宏华数科 公告编号：2025-042 杭州宏华数码科技股份有限公司 关于向特定对象发行股票募投项目结项 二、募集资金投资项目情况 根据公司披露的《杭州宏华数码科技股份有限公司2022年度向特定对象发行A股股票募集说明书（注册 稿）》，公司2022年度向特定对象发行A股股票（以下简称"本次发行"）募集资金投资项目及使用计划 如下： 单位：万元 并将节余募集资金永久补充流动资金的公告 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。 杭州宏华数码科技股份有限公司（以下简称"公司"或"宏华数科"）于2025年9月24日召开第八届董事会 第二次会议，审议通过了《关于向特定对象发行股票募投项目结项并将节余募集资金永久补充流动资金 的议案》，同意公司向特定对象发行股票募集资金投资项目（以下简称"募投项目"）"年产3,520套工业 数码喷印设备智能化生产线"结项，并将节余募集资金（含利息收入）16,326.14万元（实际金额以资金 转出当日计算的该项目募集资金剩余金额为准）用于永久补充流动资金。保荐机构中 ...

Investment Rating - The report assigns a "Buy" rating for the company, marking its first coverage [2][8]. Core Insights - The company has demonstrated robust performance with a revenue of 1.038 billion yuan in the first half of 2025, reflecting a year-on-year growth of 27.16%. The net profit attributable to shareholders reached 251 million yuan, up 25.15% year-on-year, primarily driven by a significant increase in sales of digital printing equipment [5]. - Continuous investment in R&D has been noted, with expenditures reaching 61.6077 million yuan in the first half of 2025, a 24.73% increase year-on-year, representing 5.94% of revenue. The company has also filed for 4 new domestic invention patents and 4 utility model patents, with a total of 284 authorized patents [6]. - The company's overseas business has expanded significantly, with foreign sales reaching 482 million yuan, accounting for 46.46% of total revenue, indicating strong international operational capabilities [7]. Summary by Sections Performance Overview - In the first half of 2025, the company achieved a revenue of 1.038 billion yuan, a 27.16% increase year-on-year. The net profit attributable to shareholders was 251 million yuan, marking a 25.15% growth. The increase in revenue was largely due to a 42.75% rise in sales of digital printing equipment, which generated 670 million yuan [5]. R&D Investment - The company invested 61.6077 million yuan in R&D in the first half of 2025, a 24.73% increase from the previous year, which is 5.94% of its revenue. The workforce includes 334 R&D personnel, making up 27% of total employees. The company has filed for 4 new invention patents and 4 utility model patents, with a total of 284 authorized patents [6]. International Expansion - The company reported foreign sales of 482 million yuan in the first half of 2025, a significant increase from the same period in 2024, representing 46.46% of total revenue. The business has expanded to 37 countries and regions, with a customer base of approximately 3,000 [7]. Earnings Forecast - The company is projected to achieve revenues of 2.315 billion yuan, 2.941 billion yuan, and 3.718 billion yuan for the years 2025, 2026, and 2027, respectively. The earnings per share (EPS) are expected to be 2.95 yuan, 3.77 yuan, and 4.83 yuan for the same years, with corresponding price-to-earnings (PE) ratios of 26.8, 20.9, and 16.3 [8][11].

证券代码：688789 证券简称：宏华数科 公告编号：2025-042 杭州宏华数码科技股份有限公司 关于向特定对象发行股票募投项目结项并将节余募集资金永久补 充流动资金的公告 公司本次结项的募投项目为"年产 3,520 套工业数码喷印设备智能化生产线"。 截至 2025 年 9 月 16 日，本次结项募集资金投资项目具体使用及节余情况如下： 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。 杭州宏华数码科技股份有限公司（以下简称"公司"或"宏华数科"）于 2025 年 9 月 24 日召开第八届董事会第二次会议，审议通过了《关于向特定对象发行股票 募投项目结项并将节余募集资金永久补充流动资金的议案》，同意公司向特定对象 发行股票募集资金投资项目（以下简称"募投项目"）"年产 3,520 套工业数码喷 印设备智能化生产线"结项，并将节余募集资金（含利息收入）16,326.14 万元（实 际金额以资金转出当日计算的该项目募集资金剩余金额为准）用于永久补充流动资 金。保荐机构中信证券股份有限公司（以下简称"保荐机构"）对上述事项 ...

格隆汇9月24日丨宏华数科(688789.SH)公布，公司于2025年9月24日召开第八届董事会第二次会议，审 议通过了《关于向特定对象发行股票募投项目结项并将节余募集资金永久补充流动资金的议案》，同意 公司向特定对象发行股票募集资金投资项目（称"募投项目"）"年产3,520套工业数码喷印设备智能化生 产线"结项，并将节余募集资金（含利息收入）16,326.14万元（实际金额以资金转出当日计算的该项目 募集资金剩余金额为准）用于永久补充流动资金。 ...

中信证券股份有限公司 关于杭州宏华数码科技股份有限公司 向特定对象发行股票募投项目结项并将节余募集资金永久补充 流动资金的核查意见 中信证券股份有限公司（以下简称"中信证券"或"保荐人"）作为杭州宏 华数码科技股份有限公司（以下简称"宏华数科"或"公司"）持续督导的保荐 人，根据《上海证券交易所科创板股票上市规则》《上市公司募集资金监管规则》 《上海证券交易所科创板上市公司自律监管指引第 1 号——规范运作》等有关规 定，对公司向特定对象发行股票募投项目结项并将节余募集资金永久补充流动资 金的事项进行了核查，具体情况及核查意见如下： 一、向特定对象发行股票募集资金基本情况 根据中国证券监督管理委员会出具的《关于同意杭州宏华数码科技股份有限 公司向特定对象发行股票注册的批复》（证监许可[2022]2930 号），杭州宏华数码 科技股份有限公司获准向特定对象发行人民币普通股（A 股）694.4444 万股，发 行价格为 144.00 元/股，募集资金总额 999,999,936.00 元，扣除与发行有关的费 用（不含税）人民币 12,065,672.16 元后，公司本次募集资金净额为 987,934,263.84 ...

Core Viewpoint - Honghua Digital Technology (688789.SH) announced the conclusion of its fundraising project for the production line of 3,520 sets of industrial digital printing equipment and plans to use the remaining funds for working capital [1] Group 1 - The company held its eighth board meeting on September 24, 2025, where it approved the conclusion of the fundraising project [1] - The remaining funds from the fundraising project, including interest income, amount to 163.2614 million yuan, which will be permanently allocated to supplement working capital [1]

Investment Rating - The report assigns an "Overweight" rating for the machinery industry [4]. Core Insights - The machinery industry maintains high prosperity, with both domestic sales and exports experiencing rapid growth. Companies with global manufacturing layouts, brand output capabilities, and channel integration advantages are recommended for investment. In the context of changing external environments and policy negotiations, companies with diversified capacity allocation, stable customer loyalty, and pricing power are expected to achieve sustained growth amid global trade adjustments. Key recommended stocks include Juxing Technology, Yindu Co., Taotao Vehicle, Honghua Digital Technology, and Jack Co. [5][20]. Summary by Sections Macroeconomic Overview - The Federal Reserve announced a 25 basis point rate cut, bringing the federal funds rate target range to 4.00%-4.25%. In August, the US CPI increased by 2.9% year-on-year, with a core CPI rise of 3.1%. Non-farm employment added 22,000 jobs [5]. Cost Tracking - As of September 17, 2025, the USD to RMB exchange rate was 7.11, a decrease of 0.23% from September 10. The Euro to RMB exchange rate was 8.41, an increase of 0.93% from September 10. The shipping costs for major routes showed a year-on-year decline, with the comprehensive index of China's export container freight rate index (CCFI) at 1125.30, down 38.11% year-on-year [5]. Industry High-Frequency Data Tracking - The report includes various industry metrics, such as the US restaurant performance index (RPI) and housing market index, indicating trends in consumer behavior and real estate activity. For instance, the US housing market index in September showed a year-on-year decline of 21.95% [5]. Company Earnings Forecast - The report provides earnings forecasts for key companies in the machinery sector, projecting EPS growth for the years 2025 to 2027, with corresponding PE ratios indicating potential for investment [20].

中信证券股份有限公司 关于杭州宏华数码科技股份有限公司 2、保荐人已与公司签订保荐协议，该协议已明确了双方在持续督导期间的 权利义务，并报上海证券交易所备案。 3、本持续督导期间，保荐人通过与公司的日常沟通、现场回访等方式开展 持续督导工作，并于 2025 年 8 月 19 日对公司进行了募集资金半年度现场检查。 4、本持续督导期间，保荐人根据相关法规和规范性文件的要求履行持续督 导职责，具体内容包括： 2025 年半年度持续督导跟踪报告 中信证券股份有限公司（以下简称"中信证券"或"保荐人"）作为杭州宏 华数码科技股份有限公司（以下简称"宏华数科"或"公司"或"上市公司"） 2022 年度向特定对象发行 A 股股票的保荐人，根据《证券发行上市保荐业务管 理办法》、《上海证券交易所科创板股票上市规则》等相关规定，履行持续督导 职责，并出具本持续督导半年度跟踪报告。 一、持续督导工作概述 1、保荐人制定了持续督导工作制度，制定了相应的工作计划，明确了现场 检查的工作要求。 （1）查阅公司章程、三会议事规则等公司治理制度、三会会议材料； （2）查阅公司财务管理、会计核算和内部审计等内部控制制度； （3）查阅公司主 ...

Core Viewpoint - The announcement details the completion of the board of directors' re-election and the appointment of senior management personnel at Hangzhou Honghua Digital Technology Co., Ltd. on September 15, 2025, highlighting the new leadership structure and governance compliance [1][14]. Board of Directors Election - The company held its second extraordinary general meeting of shareholders on September 15, 2025, using a cumulative voting system to elect three non-independent directors and three independent directors, forming the eighth board of directors [1][2]. - The newly elected board members include Jin Xiaotuan, Zheng Jing, Wang Qin as non-independent directors, and Gu Xinjian, Wu Xueyou, Xu Fang as independent directors [1][2]. Chairman and Committees Election - At the first meeting of the eighth board, Jin Xiaotuan was elected as the chairman, and various specialized committees were established, including the Strategy Committee, Audit Committee, Nomination Committee, and Compensation and Assessment Committee [2]. - The Audit Committee, Nomination Committee, and Compensation and Assessment Committee have a majority of independent directors, ensuring compliance with governance standards [2]. Senior Management Appointments - The board appointed Jin Xiaotuan as the general manager and several individuals as vice general managers, including Zheng Jing, SEKINE TOSHIKATSU, Yu Jianli, and He Zengliang [3]. - Yu Jianli was appointed as the board secretary, and Ge Aiping was appointed as the financial officer, with all appointments aligning with the board's term [3][4]. Securities Affairs Representative Appointment - The board appointed Hu Jing as the securities affairs representative to assist the board secretary, with her term also aligned with the board's term [5]. Changes in Board and Management - Following the re-election, several individuals, including Yu Jianli, Hu Xiaolie, Yang Yingbiao, and Chen Zhimin, will no longer serve as directors or independent directors, and the company will no longer have a supervisory board [6][14]. - The audit committee will assume the responsibilities previously held by the supervisory board, ensuring continued governance oversight [6]. Compliance and Qualifications - All appointed senior management personnel meet the qualifications required by relevant laws and regulations, with no history of administrative penalties or disqualifications [4][8][11][12].

证券代码：688789 证券简称：宏华数科 公告编号：2025-041 杭州宏华数码科技股份有限公司 关于完成董事会换届选举及聘任高级管理人员、证券事务代表的公 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。 杭州宏华数码科技股份有限公司（以下简称"宏华数科"或"公司"）于 2025 年 9 月 15 日召开 2025 年第二次临时股东会，选举产生了公司第八届董事会成员。 同日，公司召开第八届董事会第一次会议，选举产生董事长、董事会各专门委员会 委员及其召集人，并聘任高级管理人员、证券事务代表，公司董事会的换届选举已 经完成，现就相关情况公告如下： 一、董事会换届选举情况 （一）董事选举情况 2025 年 9 月 15 日，公司召开 2025 年第二次临时股东会，本次股东会采用累积 投票制的方式选举金小团先生、郑靖先生、王钦先生担任第八届董事会非独立董事， 选举顾新建先生、吴学友先生、胥芳女士担任第八届董事会独立董事。本次股东会 选举的 3 名非独立董事和 3 名独立董事，与公司于 2025 年 8 月 29 日召开的 ...