Group 1 - The core viewpoint of the report indicates that Hongying Intelligent (001266) experienced a decline in revenue but a significant increase in net profit for the first half of 2025 [1] - The company achieved an operating income of 331 million yuan, a year-on-year decrease of 6.17%, while the net profit attributable to shareholders was 16.17 million yuan, reflecting a year-on-year increase of 479% [1] - The net cash flow from operating activities reached 11.31 million yuan, marking a year-on-year growth of 108.74% [1] Group 2 - In the smart control sector, the company focuses on the research, production, and sales of smart electric control products and assemblies, emphasizing technological innovation and product iteration [1][2] - The smart electric control products generated an operating income of 174 million yuan, accounting for 52.57% of total revenue, with a year-on-year growth of 18.79% [1] - The company's new energy business, a core strategic area, includes storage, photovoltaics, wind power, and charging piles, aiming to provide comprehensive value chain services [1] Group 3 - The new energy segment achieved an operating income of 137 million yuan, representing 41.47% of total revenue [1] - The company aims to enhance operational efficiency and effectiveness through intelligent management methods, positioning itself as an energy ecosystem operator that understands control and management [1]

证券代码：001266 证券简称：宏英智能 公告编号：2025-059 上海宏英智能科技股份有限公司 关于 2025 年半年度计提信用及资产减值准备的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 二、本次计提减值准备的具体说明 根据《深圳证券交易所股票上市规则》的相关规定，上海宏英智能科技股份 有限公司（以下简称"公司"）依据《企业会计准则》以及公司相关会计政策的 规定，为真实、准确反映公司 2025 年半年度财务状况、资产价值与经营成果， 公司及子公司对各类资产进行全面清查和减值测试，基于谨慎性原则，对截至 2025 年 6 月 30 日合并报表范围内可能发生信用及资产减值损失的有关资产计提 信用及资产减值准备。现将具体事宜公告如下： 一、本次计提减值准备情况概述 1、本次计提减值准备的原因 根据《企业会计准则》及公司会计政策等有关规定，为真实、准确反映公司 财务状况、资产价值及经营成果，公司对截至 2025 年 6 月 30 日合并报表范围内 的各类资产进行了全面检查和减值测试，基于谨慎性原则，公司对可能发生减值 损失的资产计提相应减值准备。 2、 ...

| 2025 | 年 | 1-6 | 月 | 占用方与上市 | 2025 | 年 | 1-6 | 月 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 上市公司核算的 | 2025 | 年期初占用 | 占用累计发生 | 2025 | 年 | 1-6 | 月偿 | 2025年6月末占 | 占用形成原 | 非经营性资金占用 | 资金占用方名称 | 公司的关联关 | 占用资金的利 | 占用性质 | | 会计科目 | 资金余额 | 金额 | 还累计发生金额 | 用资金余额 | 因 | 系 | 息（如有） | | | | | | | | | （不含利息） | | | | | | | | | | | | | | | | 控股股东、实际控制人及 | 不适用 | 非经营性占用 | 其附属企业 | | | | | | | | | | | | | 小计 | - | - | - | - | 前控股股东、实际控制人 | | | | | | | | | | | 不适用 | ...

上海宏英智能科技股份有限公司 2025 年半年度财务报告 证券代码：001266 证券简称：宏英智能 公告编号：2025-057 上海宏英智能科技股份有限公司 2025 年半年度财务报告 一、审计报告 半年度报告是否经过审计 □是 否 公司半年度财务报告未经审计。 二、财务报表 财务附注中报表的单位为：元 1、合并资产负债表 编制单位：上海宏英智能科技股份有限公司 2025 年 06 月 30 日 单位：元 2025 年 8 月 上海宏英智能科技股份有限公司 2025 年半年度财务报告 财务报告 | 项目 | 期末余额 | 期初余额 | | --- | --- | --- | | 流动资产： | | | | 货币资金 | 531,131,071.26 | 645,937,268.31 | | 结算备付金 | | | | 拆出资金 | | | | 交易性金融资产 | 0.00 | 0.00 | | 衍生金融资产 | | 0.00 | | 应收票据 | 11,915,687.21 | 7,323,721.67 | | 应收账款 | 347,952,654.13 | 274,784,057.85 | | 应收款项融 ...

一、募集资金基本情况 证券代码：001266 证券简称：宏英智能 公告编号：2025-058 上海宏英智能科技股份有限公司 2025 年半年度募集资金存放与实际使用情况的专项报告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 根据《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范 运作》《上市公司募集资金监管规则》等有关规定，将上海宏英智能科技股份有 限公司（以下简称"公司"）2025 年半年度募集资金存放与实际使用情况报告 如下： （一）实际募集资金金额、资金到账时间 经中国证券监督管理委员会《关于核准上海宏英智能科技股份有限公司首次 公开发行股票的批复》（证监许可[2022]200 号）核准，并经深圳证券交易所同 意，公司向社会公众公开发行人民币普通股（A 股）1,836.00 万股，发行价为人 民币 38.61 元/股，股票发行募集资金总额为 70,887.96 万元，扣除各项发行费 用后实际募集资金净额为 60,531.35 万元。上述募集资金到位情况已经大信会计 师事务所（特殊普通合伙）于 2022 年 2 月 23 日出具"大信验 ...

证券代码：001266 证券简称：宏英智能 公告编号：2025-054 上海宏英智能科技股份有限公司 第二届监事会第十次会议决议公告 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、监事会会议召开情况 1、上海宏英智能科技股份有限公司（以下简称"公司"）第二届监事会第 十次会议通知于 2025 年 8 月 18 日以邮件方式发出。 具体内容详见公司同日披露于指定媒体的《2025 年半年度报告》及《2025 年半年度报告摘要》。 表决情况：3票赞成，0票反对，0票弃权。 （二）审议通过《关于〈2025年半年度募集资金存放与实际使用情况的专 2、监事会会议在 2025 年 8 月 28 日在公司办公室以现场方式召开。 3、监事会会议应出席的监事 3 人，实际出席会议的监事 3 人。董事会秘书 列席了本次会议。 4、监事会会议由监事会主席朱敏女士召集并主持。 5、本次监事会会议的召集、召开符合《中华人民共和国公司法》及《公司 章程》的有关规定，会议决议合法有效。 二、监事会会议审议情况 本次会议审议并通过如下议案： （一）审议通过《关于〈2025年半年度报告〉及 ...

证券代码：001266 证券简称：宏英智能 公告编号：2025-053 上海宏英智能科技股份有限公司 第二届董事会第十一次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 1、上海宏英智能科技股份有限公司（以下简称"公司"）第二届董事会第 十一次会议通知于 2025 年 8 月 18 日以邮件方式发出。 2、本次董事会会议于 2025 年 8 月 28 日在公司会议室以现场结合通讯方式 召开。其中，董事张化宏先生、独立董事古启军先生、袁真富先生以通讯方式参 加会议并表决。 3、董事会会议应出席的董事 7 人，实际出席会议的董事 7 人。 4、本次董事会会议由董事长张化宏先生召集并主持，公司监事会主席及高 级管理人员列席了本次会议。 5、本次董事会会议的召集、召开符合《中华人民共和国公司法》及《公司 章程》的有关规定，会议决议合法有效。 二、董事会会议审议情况 本次会议审议并通过如下议案： （一）审议通过《关于〈2025年半年度报告〉及其摘要的议案》 经审议，董事会认为公司编制的《2025 年半年度报告》及《2025 年半年度 ...

Financial Performance - The company's operating revenue for the first half of 2025 was ¥331,335,543.63, a decrease of 6.17% compared to the same period last year[20] - The net profit attributable to shareholders increased significantly to ¥16,174,658.11, representing a growth of 479.00% year-on-year[20] - The net cash flow from operating activities improved to ¥11,313,923.31, a turnaround of 108.74% from a negative cash flow in the previous year[20] - Basic earnings per share rose to ¥0.16, reflecting an increase of 433.33% compared to the previous year[20] - Total assets at the end of the reporting period were ¥1,587,262,970.68, down 6.66% from the end of the previous year[20] - The net assets attributable to shareholders decreased to ¥946,417,509.99, a decline of 4.67% compared to the previous year[20] - The company's revenue for the reporting period was approximately ¥331.34 million, a decrease of 6.17% compared to ¥353.12 million in the previous year[50] - Operating costs decreased by 13.50% to ¥235.64 million from ¥272.43 million year-on-year[50] - Research and development investment decreased by 25.88% to ¥25.42 million from ¥34.30 million in the previous year[50] - Total revenue decreased by 6.17% to ¥331,335,543.63, with industrial automation control system manufacturing contributing ¥193,921,492.66 (58.53%) and new energy at ¥137,414,050.97 (41.47%) [54] - Revenue from intelligent electric control products increased by 18.79% to ¥174,171,377.60, while new energy revenue dropped by 24.34% to ¥137,414,050.97 [54] - Domestic revenue accounted for 99.92% of total revenue, decreasing by 6.11% to ¥331,054,757.43, while foreign revenue fell by 45.90% to ¥280,786.20 [54] - Gross margin for industrial automation was 36.41%, up 5.05% year-on-year, while new energy gross margin was 18.26%, down 3.43% [54] Investment and Financing - The total investment during the reporting period was ¥44,310,000, a 14.20% increase compared to ¥38,800,000 in the same period last year [65] - The company reported an investment income of ¥3,740,232.72, accounting for 21.70% of total profit, primarily from investments in joint ventures and financial instruments [56] - The total amount of funds raised by the company was RMB 708.88 million, with a net amount of RMB 605.31 million after deducting issuance costs[70] - As of June 30, 2025, the company has cumulatively invested RMB 335.02 million from the raised funds, with a remaining balance of RMB 71.93 million[71] - The company plans to adjust the investment in the "Intelligent Electrical Control System and Product Expansion Project" due to changes in market demand and project feasibility[72] - The company has decided to terminate the "Marketing Network Construction Project" and "R&D Center Construction Project," reallocating the remaining raised funds of RMB 233.05 million for permanent working capital[72] - The company issued 18.36 million shares at a price of RMB 38.61 per share during its public offering[70] - The company achieved a fundraising completion rate of 100% for the R&D center construction project[72] - The "Intelligent Electrical Control System and Product Expansion Project" faced delays due to external factors, impacting its progress[72] - The company reported a 3% increase in the investment progress of the "Intelligent Electrical Control System and Product Expansion Project" as of the reporting period[72] - The company has verified the fund arrival situation through an external accounting firm[70] - The company approved the use of RMB 20.6534 million of raised funds to replace self-raised funds for investment projects[73] - The company terminated the "Marketing Network Construction Project" originally planned with a total investment of RMB 33.5003 million due to changes in market conditions[75] - The cumulative investment in the "Marketing Network Construction Project" as of December 31, 2024, was RMB 6.0162 million, with remaining raised funds amounting to RMB 29.0357 million[75] - The "R&D Center Construction Project" was also terminated, with an original planned investment of RMB 242.7938 million, due to similar market condition changes[75] - The cumulative investment in the "R&D Center Construction Project" as of December 31, 2024, was RMB 54.5019 million, with remaining raised funds of RMB 204.0124 million[75] - The total amount for permanent working capital supplementation from remaining raised funds is RMB 233.0481 million[75] Business Strategy and Market Position - The company focuses on three main business segments: new energy, electrification, and intelligent control, aiming to provide efficient, environmentally friendly, and intelligent products and solutions[29] - The engineering machinery industry is experiencing a stable upward trend, with significant growth in electric machinery and smart mining as new growth points[31] - The new energy sector saw a 29% increase in new energy storage installations, reaching a total of 9,491 MW/2.22 GWh by mid-2025[32] - The company emphasizes the development of smart control products, including display and control devices, sensors, and signal transmission products, to support various high-end manufacturing fields[36] - The intelligent control business segment integrates key components such as control cabinets and operation platforms to enhance the efficiency and intelligence of equipment operations[37] - The company aims to strengthen synergy among its business segments through continuous technological research and development[29] - The company is actively exploring new product and service models to adapt to the evolving market landscape[29] - The company is focused on developing an integrated energy solution in the renewable energy sector, including energy storage, photovoltaics, wind power, and charging stations[39] - The three electric systems (battery, motor, and control system) are crucial for the electrification of various machinery, enhancing customer design and management efficiency[41] - The company employs a direct sales model, allowing for better understanding of market needs and customer satisfaction[44] - The production model is flexible, allowing for quick adaptation to various product types while also utilizing automated production lines for efficiency[45] - The company emphasizes independent research and development, holding multiple patents and focusing on market-driven innovation[49] - The company aims to lead the smart control industry by fostering collaboration within the supply chain and enhancing customer satisfaction through continuous innovation[48] - The company faces intensified competition in the energy storage industry, leading to declining product prices and profit margins[80] - To combat market competition, the company plans to improve product quality and optimize pricing strategies to enhance market competitiveness[81] - The company is expanding its market diversification and seeking new market opportunities to mitigate competitive pressures[81] - Management risks associated with business expansion will be addressed by adjusting organizational structures and improving operational efficiency[82] - The company emphasizes the importance of technological innovation and plans to attract high-end R&D talent to maintain its competitive edge[83] - A market-responsive approach will be adopted for technology upgrades and product iterations to align with industry trends[84] - The company has established a market value management system to enhance its valuation strategies[85] Shareholder and Corporate Governance - The company plans to distribute a cash dividend of RMB 30,836,928, amounting to RMB 3.015197 per 10 shares, reflecting a commitment to shareholder returns[98] - The company emphasizes employee care, providing comprehensive health plans, professional training, and a transparent promotion mechanism to enhance employee well-being and professional development[99] - The company maintains long-term partnerships with suppliers and customers, focusing on understanding customer needs through regular interactions and optimizing products and services accordingly[99] - The company actively participates in social responsibility initiatives, including blood donation drives and poverty alleviation projects, to enhance employee engagement and community support[100] - The company is committed to sustainable development, aiming to balance economic, social, and environmental goals while fulfilling its corporate social responsibilities[100] - The company has implemented a share lock-up commitment for 36 months post-IPO, ensuring stability in shareholding during this period[102] - If the company's stock price falls below the IPO price for 20 consecutive trading days, the lock-up period will be extended by an additional 6 months[102] - Shareholders are restricted to transferring no more than 25% of their shares annually during their tenure as directors or senior management[103] - The company will announce any share reduction plans 3 trading days in advance, adhering to relevant regulations and ensuring transparency[104] - The company is focused on enhancing supply chain efficiency and fostering a harmonious business environment through fair and transparent practices with suppliers[99] - The company aims to create a cohesive team culture through regular team-building activities and celebrations, enhancing communication and collaboration among employees[99] - The company committed to a 36-month lock-up period for shares starting from the date of listing, which began on August 25, 2020[105] - If the company's stock price falls below the issue price for 20 consecutive trading days post-listing, the lock-up period will automatically extend by 6 months[106] - After the lock-up period, partners in the company can only transfer up to 25% of their shares each year during their tenure as directors or senior management[107] - The company will announce any share reduction plans 3 trading days in advance and comply with relevant regulations[108] - Any gains from share reductions that violate laws or commitments will be returned to the company[108] - The company will adhere to the commitments regarding shareholding and will publicly apologize if any commitments are not fulfilled[108] - The company plans to carefully formulate share reduction plans based on market conditions and regulatory requirements[107] - The company will ensure that any share transfers after the lock-up period do not occur at prices lower than the issue price within 24 months[108] - The company will comply with the rules set by the China Securities Regulatory Commission and the Shenzhen Stock Exchange regarding share reductions[107] - The company will maintain transparency and accuracy in its information disclosure obligations[108] Stock Price Stabilization Measures - The company has committed to stabilizing its stock price for three years post-IPO, with specific measures outlined in its plan[110] - If the stock price falls below the IPO price for 20 consecutive trading days, the lock-up period for shares will be automatically extended by 6 months[109] - Shareholders are restricted to selling no more than 25% of their holdings annually during the lock-up period[109] - The company will adjust the stock price based on any capital actions such as dividends or stock splits[110] - The company plans to publicly disclose any failure to implement stock price stabilization measures and apologize to shareholders[110] - The company will repurchase shares if it fails to stabilize the stock price as per its commitments[110] - The lock-up period for shares will last until February 28, 2025, following the IPO[109] - The company will adhere to the relevant regulations regarding share repurchase as approved by the shareholders[110] - The company has outlined specific obligations to fulfill regarding stock price stabilization measures[110] - The company will provide explanations for any non-fulfillment of its commitments to shareholders and the public[110] - The company has committed to stabilizing its stock price for three years following its IPO, with measures to be implemented by February 28, 2025[111] - The total amount required for stock repurchase is equivalent to the salary and cash dividends temporarily withheld[112] - The company has not yet taken specific measures to stabilize the stock price as per the relevant regulations[112] - The company will research solutions to minimize investor losses in case of force majeure events[112] - The company has apologized to shareholders and the public for not implementing stock price stabilization measures[112] - The board of directors will convene to discuss the repurchase of shares as part of the stock price stabilization plan[111] - The company is obligated to fulfill commitments related to stock price stabilization as approved by the shareholders' meeting[111] - The company will ensure that the interests of investors are protected as much as possible[112] - The company has not disclosed specific reasons for the lack of stock price stabilization measures[112] - The company will temporarily withhold cash dividends until stabilization measures are implemented[112] - The company's stock price averaged below the issue price of 38.61 yuan per share for 20 consecutive trading days within 6 months post-IPO, triggering an automatic extension of the lock-up period[114] - The lock-up period for 17,258,400 shares directly held and 3,566,430 shares indirectly held will be extended by 6 months, now set to expire on August 28, 2025[114] - The company will retain the right to withhold cash dividends until the corresponding stabilization measures are implemented[113] - Any gains from share reductions during the extended lock-up period will be retained by the company if legal commitments are violated[115] - The company has committed to publicly disclose reasons for any failure to fulfill commitments regarding share reductions[115] - The extension of the lock-up period is a response to the stock price performance and is aimed at protecting investor interests[113] - The company plans to minimize investor losses due to unforeseen circumstances during the extended lock-up period[113] - The commitment to extend the lock-up period was made in accordance with regulations set forth by the China Securities Regulatory Commission[115] - The company will ensure that any additional shares from stock splits or bonus shares will also adhere to the extended lock-up commitments[114] - The lock-up period extension is part of the company's strategy to stabilize its stock price post-IPO[114] - The company's stock price averaged below the issue price of 38.61 CNY per share for 20 consecutive trading days within 6 months post-listing, triggering an automatic extension of the share lock-up period[116] - The controlling shareholder's lock-up period for 12,943,800 shares has been extended by 6 months, now set to expire on August 28, 2025[116] - The company committed to extend the lock-up period for an additional 6 months for 5,100,000 shares held by another entity, with the new expiration date also set for August 28, 2025[117] - The company will comply with the lock-up commitments for any additional shares resulting from stock dividends, capital increases, or placements[117] - The company publicly apologized to shareholders and investors for not fulfilling commitments related to the share lock-up[116] - The automatic extension of the lock-up period is a result of the stock price performance following the company's IPO[116] - The company plans to disclose the reasons for the unfulfilled commitments in the upcoming shareholder meeting and through designated media channels[117] - The lock-up period extension is part of the company's strategy to stabilize its stock price post-IPO[116] - The company has committed to fulfilling the lock-up period obligations until the new expiration date[117] - The controlling shareholder's actions are in compliance with relevant laws and regulations regarding shareholding commitments[116] Corporate Governance and Compliance - There are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[120] - The company has not engaged in any violations regarding external guarantees during the reporting period[121] - The semi-annual financial report has not been audited[122] - There are no major litigation or arbitration matters during the reporting period[125] - The company has not faced any penalties or rectification issues during the reporting period[126] - There are no significant related transactions during the reporting period[127] - The company has not engaged in any asset or equity acquisitions or sales during the reporting period[128] - There are no major contracts or leasing situations reported during the period[134] - The company approved a total external guarantee amount of RMB 100 million during the reporting period, with an actual guarantee amount of RMB 5.98 million[139] - The actual guarantee balance at the end of the reporting period for external guarantees is RMB 9.58 million[139] - The company provided guarantees to subsidiaries totaling RMB 100 million, with an actual guarantee amount of RMB 5.98 million during the reporting period[139] - The total guarantee amount provided by the company, including all categories, is RMB 100 million, with a balance of RMB 9.58 million at the end of the reporting period[139] - The company has invested RMB 35.5 million in entrusted financial management, with an outstanding balance of RMB 800,000[142] - The company has not reported any overdue amounts or impairment risks related to entrusted financial management[142] - The company initiated a share repurchase plan with a budget between RMB 30 million and RMB 40 million, with a maximum repurchase price of RMB 36.53 per share[144] - As of June 30, 2025, the company repurchased a total of 1,550,080 shares, representing 1.50% of the total share capital, with a total transaction amount of RMB 39.76 million[147] - The maximum repurchase price was adjusted to RMB 36.23 per share following the 2024 annual equity distribution[146] - The company has not reported any other significant contracts during the reporting period[142]

Core Viewpoint - The article emphasizes the significant potential for reducing carbon and pollutant emissions in the construction machinery sector, particularly highlighting the need for upgrading excavators as a key to industry transformation [1]. Electric Excavator Solutions - The electric excavator solution includes components such as power batteries, power management systems, drive motors, and controllers, designed to meet high efficiency and customizable needs for clients [4]. - The technology team has optimized control algorithms to effectively reduce system energy consumption, while lightweight and modular designs enhance overall equipment quality [4]. - An energy management system enables efficient and energy-saving operations, and the solution supports battery swapping for quick return to work [4]. Drag Electric Excavator Solutions - This solution utilizes a multi-functional controller, integrated display, high-performance motors, and industrial cables for direct power supply, reducing energy costs to about 30% to 40% of fuel-powered equipment [7]. - It overcomes the range limitations of pure electric excavators, supporting all-weather continuous operation, making it suitable for high-intensity and complex working conditions [7]. Hybrid Excavator Solutions - The hybrid power output mode is currently the most widely used solution in the market, achieving high-efficiency operations through the coupling of electric motors and engines [9]. - The solution features a methanol engine and a DHT power assembly, significantly reducing pollutant emissions and providing high torque output suitable for harsh environments [10]. - It allows for smooth switching between different power modes, with fuel consumption reduced by over 30% [10]. Value of Excavator Electrification - Electrification leads to lower noise and emissions, aligning with increasingly stringent environmental standards [12]. - Electric drive systems offer faster response times and smoother power mode transitions, enhancing operator comfort [12]. - The solutions improve operational continuity and reduce costs through drag electric and battery swapping options [12]. - Enhanced responsiveness and precision in operations lead to increased work efficiency [12]. - The various electric excavator solutions have been successfully applied in factories, parks, and urban roads, improving stability, economic operation, and environmental friendliness [12]. Industry Trends - The construction machinery industry is showing signs of recovery, with expectations of improved performance and demand [13][14]. - The transition to "National IV" standards is set to begin on December 1, indicating a shift towards stricter emissions regulations [13]. - The industry is experiencing a significant increase in exports, with a rise of over 70% this year, despite a continuous decline in domestic sales for 13 months [14].

Core Viewpoint - On August 28, a total of 5 listed companies experienced the lifting of restrictions on their shares, with a total market value of approximately 1.806 billion yuan [1] Group 1: Companies and Their Restricted Shares - Heizhima (黑芝麻) had 3.3215 million shares released from equity incentive restrictions [1] - Dawei Co., Ltd. (大为股份) had 373,500 shares released from equity incentive restrictions [1] - Yonggui Electric (永贵电器) had 45,000 shares released from equity incentive restrictions [1] - Guomao Co., Ltd. (国茂股份) had 2.4908 million shares released from equity incentive restrictions [1] - Hongying Intelligent (宏英智能) had 67.5444 million shares with extended lock-up periods released [1]