（编辑 楚丽君） 证券日报网讯 7月30日晚间，宏华数科发布公告称，公司2025年第一次临时股东大会于2025年07月30日 召开，审议通过了《关于取消监事会、修订及其附件并办理工商变更登记的议案》等多项议案。 ...

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： 证券代码：688789 证券简称：宏华数科 公告编号：2025-030 杭州宏华数码科技股份有限公司 2025年第一次临时股东大会决议公告 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈述或 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东大会召开的时间：2025 年 07 月 30 日 （二） 股东大会召开的地点：浙江省杭州市滨江区滨盛路 3911 号杭州宏华数码 科技股份有限公司九楼会议室 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 36 | | --- | --- | | 普通股股东人数 | 36 | | 2、出席会议的股东所持有的表决权数量 | 84,150,573 | | 普通股股东所持有表决权数量 | 84,150,573 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比 | 46.8932 | | 例（%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） ...

杭州宏华数码科技股份有限公司 2025 年第一次临时股东大会 法律意见书 地址：杭州市上城区老复兴路白塔公园 B 区 2 号、15 号国浩律师楼 邮编：310008 国浩律师（杭州）事务所 关于 Grandall Building, No.2＆No.15, Block B, Baita Park, Old Fuxing Road, Hangzhou, Zhejiang 310008, China 电话/Tel: (+86)(571) 8577 5888 传真/Fax: (+86)(571) 8577 5643 电子邮箱/Mail：grandallhz@grandall.com.cn 网址/Website：http://www.grandall.com.cn 二〇二五年七月 国浩律师（杭州）事务所 宏华数科 2025 年第一次临时股东大会法律意见书 国浩律师（杭州）事务所 关 于 杭州宏华数码科技股份有限公司 2025 年第一次临时股东大会 致：杭州宏华数码科技股份有限公司 国浩律师（杭州）事务所（以下简称"本所"）接受杭州宏华数码科技股份 有限公司（以下简称"公司"）的委托，指派律师出席公司 2025 年第一 ...

证券代码：688789 证券简称：宏华数科 公告编号：2025-031 杭州宏华数码科技股份有限公司 关于持股 5%以上股东部分股份解除质押及质押的公告 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。 重要内容提示： 公司于 2025 年 7 月 30 日接到公司股东新湖智脑通知，获悉其所持有公司的部 分股份办理了解除质押及质押登记手续，具体事项如下： 一、本次股份解除质押情况 单位：股 | 股东名称 | 新湖智脑 | | --- | --- | | 本次解除质押股份 | 5,703,720 | | 占其所持股份比例 | 36.32% | | 占公司总股本比例 | 3.18% | | 解除质押时间 | 2025 年 7 月 29 日 | | 持股数量 | 15,702,226 | | 持股比例 | 8.75% | | 剩余被质押股份数量 | 9,993,560 | | 剩余被质押股份占其所持股份比例 | 63.64% | | 剩余被质押股份占公司总股本比例 | 5.57% | 注：1、上述数据比例均以本公告日股东持股数计算 ...

Investment Rating - The report maintains an "Outperform" rating for the machinery sector, indicating expected performance above the market average [1]. Core Insights - The report highlights the trend of companies expanding overseas and identifies 2025 as the year of mass production for humanoid robots, presenting hardware investment opportunities [1][3]. - The easing of trade tensions between China and the US is expected to support the growth of domestic companies in overseas markets, particularly in the tool market where relocation to the US is challenging due to cost and efficiency advantages [3]. - Key companies to watch include Giant Technology, Changrun Co., Honghua Digital Science, and others, which are positioned to benefit from these trends [3][4]. Summary by Sections Recommended Stocks - The report lists preferred stocks with ratings: - Jack Co. (603337.SH) - Buy-A - Hengli Hydraulic (601100.SH) - Buy-A - Zhejiang Rongtai (603119.SH) - Accumulate-A - Qiaocheng Ultrasonic (688392.SH) - Buy-A - Honghua Digital Science (688789.SH) - Buy-A - Tianzhun Technology (688003.SH) - Buy-A - Jiechang Drive (603583.SH) - Accumulate-A [2][10]. Industry Key Data Tracking - Forklifts: In June 2025, 137,570 units were sold, a 23.1% increase year-on-year. For the first half of 2025, sales totaled 739,334 units, up 11.7% [13]. - Excavators: June 2025 sales reached 18,804 units, a 13.3% increase. Total sales for the first half were 120,520 units, up 16.8% [14]. - Automotive Cranes: June sales were 1,649 units, down 5.28%. Total sales for the first half were 10,752 units, down 8.4% [17]. - Tower Cranes: June sales were 437 units, down 44.8%. Total sales for the first half were 2,771 units, down 38% [21]. - Loaders: June sales were 12,014 units, up 11.3%. Total sales for the first half were 64,769 units, up 13.6% [22]. - Metal Cutting Machine Tools: June production was 70,500 units, up 12.7%. Total production for the first half was 403,000 units, up 13.5% [24]. - Industrial Robots: June production was 74,764 units, up 37.9%. Total production for the first half was 379,000 units, up 35.6% [28].

Group 1: Company Insights - The company Honghua Digital Science has announced a forecast for its 2025 half-year report, expecting revenue between 1.02 billion to 1.06 billion yuan, representing a year-on-year increase of 25.01% to 29.91% [3] - The net profit attributable to shareholders is projected to be between 240 million to 260 million yuan, reflecting a year-on-year growth of 19.90% to 29.89% [3] - The company benefits from the accelerated transition from traditional printing to digital printing, leading to sustained order growth and expansion of domestic and international customer bases [1][3] Group 2: Industry Trends - The digital printing equipment sector is experiencing rapid growth, with a projected revenue increase of 114.66% year-on-year for 2024, driven by technological advancements and channel expansion [3] - The textile and printing industry is undergoing a transformation, with digital printing becoming essential for responding to fast fashion demands and reducing processing costs [3] - The construction materials industry in Xinjiang is benefiting from geographical advantages, with cement prices maintaining better stability than the national average, supported by the commencement of the China-Kyrgyzstan-Uzbekistan railway [1][14][41] Group 3: Market Strategy - In Q2 2025, active funds increased their stock positions, particularly in the communication, banking, military, and non-bank sectors, while reducing exposure to food and beverage, automotive, and electric sectors [2][6] - The IPO market is showing signs of recovery, with a significant increase in the number of accepted applications and first-day gains remaining above 220% [9][11] - The construction of the China-Kyrgyzstan-Uzbekistan railway is expected to generate a cement demand of approximately 400-600 million tons, benefiting local cement producers [40][41]

证券代码：688789 证券简称：宏华数科 公告编号：2025-029 杭州宏华数码科技股份有限公司 关于持股 5%以上股东部分股份解除质押及质押的公告 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。 单位：股 | 股东名称 | 新湖智脑 | | --- | --- | | 本次解除质押股份 | 5,720,855 | | 占其所持股份比例 | 36.43% | | 占公司总股本比例 | 3.19% | | 解除质押时间 | 2025 年 7 月 22 日 | | 持股数量 | 15,702,226 | | 持股比例 | 8.75% | | 剩余被质押股份数量 | 9,976,425 | | 剩余被质押股份占其所持股份比例 | 63.54% | | 剩余被质押股份占公司总股本比例 | 5.56% | 注：1、上述数据比例均以本公告日股东持股数计算所得。 2、上表中剩余被质押股份数量、剩余被质押股份占其所持股份比例、剩余被质 截至本公告披露日，杭州宏华数码科技股份有限公司（以下简称"公司"） 股东浙江新湖智脑投资管理合伙企业 ...

杭州宏华数码科技股份有限公司 2025 年第一次临时股东大会会议资料 证券代码：688789 证券简称：宏华数科 杭州宏华数码科技股份有限公司 2025 年第一次临时股东大会会议资料 2025 年 7 月 -1- 杭州宏华数码科技股份有限公司 2025 年第一次临时股东大会会议资料 目 录 | 2025 年第一次临时股东大会会议须知 | 3 | | --- | --- | | 年第一次临时股东大会会议议程 2025 | 5 | | 2025 年第一次临时股东大会会议议案 | 7 | | 议案一：关于取消监事会、修订《公司章程》及其附件并办理工商变更 | | | 登记的议案 | 7 | | 议案二：关于修订和制定部分公司治理制度的议案 | 9 | | 议案三：关于为部分客户提供担保的议案 | 10 | -2- 杭州宏华数码科技股份有限公司 2025 年第一次临时股东大会会议资料 杭州宏华数码科技股份有限公司 2025 年第一次临时股东大会会议须知 为保障杭州宏华数码科技股份有限公司（下称"公司"）全体股东的合法权 益，维护股东大会的正常秩序，保证股东大会如期、顺利召开，根据《中华人 民共和国公司法》《中华人民共 ...

Investment Rating - The report maintains a "Strong Buy" investment rating for the company [4][7]. Core Views - The company is expected to benefit from the increasing penetration rate of digital printing equipment, which is still at a low level, indicating significant long-term growth potential [7]. - The growth in revenue is primarily driven by the rising demand for digital printing equipment, as the apparel printing industry trends towards small batch and quick response orders [7]. - The company has a business model that includes selling consumables (inks), which enhances customer loyalty and ensures cash flow stability [7]. - New business segments, such as automatic sewing equipment and digital printing equipment, are anticipated to contribute to revenue growth [7]. Financial Performance and Projections - For the first half of 2025, the company expects revenue between 1.02 billion to 1.06 billion yuan, representing a year-on-year growth of 25.01% to 29.91% [1]. - The net profit attributable to shareholders is projected to be between 240 million to 260 million yuan, with a year-on-year increase of 19.9% to 29.89% [1]. - The company forecasts total revenue of 2.312 billion yuan for 2025, with a year-on-year growth of 29% [3][7]. - The projected net profit for 2025 is 553 million yuan, reflecting a growth rate of 33% [3][7]. Valuation Metrics - The current stock price is 67.34 yuan, with a total market capitalization of 12.1 billion yuan [4]. - The company’s PE ratio is projected to decrease from 37.2 in 2023 to 21.8 in 2025, indicating a more attractive valuation over time [3][15]. - The PB ratio is expected to decline from 4.2 in 2023 to 3.4 in 2025, suggesting improved valuation metrics [3][15].

Performance Forecast - The company forecasts revenue between 1,020 million yuan and 1,060 million yuan, representing an increase of 204.0373 million yuan to 244.0373 million yuan compared to the same period last year, with a year-on-year growth of 25.01% to 29.91% [1] - The net profit is expected to be between 220 million yuan and 240 million yuan, an increase of 28.2223 million yuan to 48.2223 million yuan compared to the same period last year, with a year-on-year growth of 14.72% to 25.14% [1] Reasons for Performance Change - The growth in performance is primarily due to the transition from traditional dyeing equipment to digital printing equipment, leading to an increase in orders and continuous business expansion [1] - The company actively expanded its domestic and international customer base in the first half of 2025, resulting in market and business growth, with product sales increasing year-on-year [1]