Core Viewpoint - The recent financial report of Huylv Ecological (001267) shows significant growth in revenue and net profit for the first half of 2025, largely attributed to the consolidation of Wuhan Junheng, indicating a strong performance and potential for future growth [1][3]. Financial Performance - Total revenue for the first half of 2025 reached 696 million yuan, a year-on-year increase of 158.98% [1] - Net profit attributable to shareholders was 37.51 million yuan, up 189.5% year-on-year [1] - In Q2 2025, total revenue was 387 million yuan, reflecting a 128.74% increase compared to the same quarter last year [1] - Q2 net profit attributable to shareholders was 17.68 million yuan, a rise of 78.5% year-on-year [1] - Gross margin decreased to 21.26%, down 18.34% year-on-year, while net margin improved to 10.04%, up 106.11% [1] - Total operating expenses were 59.46 million yuan, accounting for 8.55% of revenue, a decrease of 36.75% year-on-year [1] Balance Sheet Highlights - Accounts receivable increased significantly by 102.91% year-on-year, reaching 1.139 billion yuan [1][3] - Interest-bearing liabilities rose by 54.89% to 852 million yuan [1] - Cash and cash equivalents increased by 11.21% to 343 million yuan [1] Operational Insights - The increase in accounts receivable and inventory is primarily due to the consolidation of Wuhan Junheng, which has also impacted other financial metrics such as sales and management expenses [3] - The company reported a significant increase in R&D investment by 655.86%, indicating a focus on innovation and product development [3] Market Position and Future Outlook - The company’s return on invested capital (ROIC) was 4.23%, indicating average capital returns, with a historical median ROIC of 4.96% since its IPO [4] - Analysts expect the company to achieve a net profit of 164 million yuan in 2025, with an average earnings per share of 0.21 yuan [5] - The company is gaining attention from institutional investors, with a notable fund manager increasing their stake in the company [5] Company Profile - Wuhan Junheng, established in 2012, specializes in customized optical communication products and has shifted focus to standardized civilian markets, particularly in data center communication [6] - The company has seen growth in Q1 2025 due to the increasing demand for high-speed products, particularly in the 400G and 800G segments [7]

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。 证券代码：001267 证券简称：汇绿生态 公告编号：2025-082 汇绿生态科技集团股份有限公司 关于完成经营范围变更并换发营业执照的公告 汇绿生态科技集团股份有限公司（以下简称"公司"）于 2025 年 7 月 25 日召开了 第十一届董事会第八次会议，审议通过了《关于变更公司经营范围及重新制定<公司章 程>的议案》，同意公司变更经营范围并修订《公司章程》的相应条款。具体内容详见 公司于 2025 年 7 月 26 日在巨潮资讯网（http://www.cninfo.com.cn）上披露的相关公 告。 2025 年 8 月 11 日召开了 2025 年第三次临时股东大会，审议通过了前述议案。 公司现已完成相关工商变更登记及《汇绿生态科技集团股份有限公司章程》的备案 手续，并取得了由武汉市市场监督管理局换发的《营业执照》。 | 变更事项 | 原登记内容 | 变更后登记内容 | | --- | --- | --- | | 经营范围 | 一般项目:企业总部管理;园林 | 一般项目:工程和技术研究和试验 | | | ...

Market Overview - On August 26, the infrastructure sector declined by 0.27% compared to the previous trading day, with Hui Lv Ecology leading the decline [1] - The Shanghai Composite Index closed at 3868.38, down 0.39%, while the Shenzhen Component Index closed at 12473.17, up 0.26% [1] Stock Performance - Notable gainers in the infrastructure sector included: - Garden Shares (605303) with a closing price of 24.24, up 9.98% and a trading volume of 473,400 shares, totaling 1 billion yuan [1] - Dongzhu Ecology (603359) closed at 8.38, up 7.85% with a trading volume of 845,100 shares, totaling 704 million yuan [1] - Oriental Landscape (002310) closed at 2.38, up 3.03% with a trading volume of 2,093,000 shares, totaling 500 million yuan [1] - Major decliners included: - Hui Lv Ecology (001267) closed at 12.68, down 5.79% with a trading volume of 542,900 shares, totaling 700 million yuan [2] - Chengbang Shares (603316) closed at 9.04, down 4.14% with a trading volume of 269,300 shares, totaling 24.5 million yuan [2] - China Power Construction (601669) closed at 6.23, down 1.42% with a trading volume of 2,483,700 shares, totaling 1.55 billion yuan [2] Capital Flow - The infrastructure sector experienced a net outflow of 423 million yuan from institutional investors, while retail investors saw a net inflow of 316 million yuan [2] - Key stocks with significant capital flow included: - Dongzhu Ecology (603359) had a net inflow of 113 million yuan from institutional investors, but a net outflow of 65.55 million yuan from retail investors [3] - Sichuan Road and Bridge (600039) saw a net inflow of 67.19 million yuan from institutional investors, with outflows from both retail and speculative investors [3] - Oriental Landscape (002310) had a net inflow of 24.81 million yuan from institutional investors, but outflows from retail investors [3]

Core Insights - The company HuiLv Ecology (001267) reported significant growth in its financial performance for the first half of 2025, with a revenue of 696 million yuan, representing a year-on-year increase of 158.98% [1] - The net profit for the same period reached 37.5142 million yuan, marking a year-on-year growth of 189.50% [1] - The basic earnings per share (EPS) stood at 0.05 yuan, and the weighted average return on equity (ROE) was 2.38% [1] Financial Performance - Revenue: 696 million yuan, up 158.98% year-on-year [1] - Net Profit: 37.5142 million yuan, up 189.50% year-on-year [1] - Basic EPS: 0.05 yuan [1] - ROE: 2.38% [1]

Core Viewpoint - Huilv Ecological (001267) reported significant growth in its half-year performance, driven by its expansion into the optical communication sector through the acquisition of Wuhan Junheng, which has led to substantial revenue and profit increases [1][2]. Financial Performance - For the first half of 2025, Huilv Ecological's revenue was approximately 696 million yuan, a year-on-year increase of 158.98% - The net profit attributable to shareholders was around 37.51 million yuan, reflecting a year-on-year increase of 189.5% [1]. Business Expansion - Huilv Ecological entered the optical communication market by acquiring a 35% stake in Wuhan Junheng in 2024 and later increasing its stake to 51% in early 2025 - Wuhan Junheng specializes in the research, production, and sales of optical communication products, including optical modules and AOC [1][2]. Revenue Contribution - As of the latest report, the revenue contribution from the landscaping business and optical electronic devices was 21.15% and 78.85%, respectively [1]. Production Capacity and Investment - In response to the surging demand in the optical communication market, Huilv Ecological is accelerating capacity expansion and equity integration - The company plans to invest a total of 800 million yuan in a new high-speed optical module production base in Ezhou, with the project expected to produce modules with speeds of 400G and above [2]. Future Production Expectations - Huilv Ecological anticipates increased production capacity for Wuhan Junheng, with the new factory in Ezhou expected to be completed in the second half of the year, focusing on high-speed product lines [3].

Core Viewpoint - HuiLv Ecology (001267.SZ) reported significant growth in both revenue and net profit for the first half of 2025, indicating strong operational performance and potential investment opportunities [1] Financial Performance - The company's operating revenue reached 696 million yuan, representing a year-on-year increase of 158.98% [1] - The net profit attributable to shareholders was 37.5142 million yuan, showing a year-on-year growth of 189.50% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 30.5638 million yuan, reflecting a year-on-year increase of 55.57% [1] - Basic earnings per share stood at 0.05 yuan [1]

Group 1 - The core viewpoint of the article highlights the significant growth in the financial performance of HuiLv Ecology, with a notable increase in both revenue and net profit for the first half of 2025 compared to the previous year [1] - HuiLv Ecology reported an operating income of approximately 696 million yuan, representing a year-on-year increase of 158.98% [1] - The net profit attributable to shareholders was approximately 37.51 million yuan, reflecting a year-on-year increase of 189.5% [1] - Basic earnings per share reached 0.05 yuan, which is a 150% increase compared to the same period last year [1] Group 2 - As of the report, HuiLv Ecology has a market capitalization of 10.6 billion yuan [2]

第一章 总则 第一条 为规范汇绿生态科技集团股份有限公司（以下简称"公司"）信息 披露暂缓与豁免行为，确保公司依法合规履行信息披露义务，保护投资者的合 法权益，根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公 司信息披露管理办法》《上市公司信息披露暂缓与豁免管理规定》《深圳证券 交易所股票上市规则》（以下简称"《股票上市规则》"）、《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》等法律、法规、规 范性文件和《汇绿生态科技集团股份有限公司章程》（以下简称"《公司章 程》"）的有关规定，结合公司实际情况，制定本制度。 汇绿生态科技集团股份有限公司 信息披露暂缓与豁免业务管理制度 第二条 公司按照《上市公司信息披露暂缓与豁免管理规定》《股票上市 规则》及深圳证券交易所其他相关业务规则的规定，实施信息披露暂缓、豁免 业务的，适用本制度。 第三条 公司应当审慎判断所披露的信息是否存在《上市公司信息披露暂 缓与豁免管理规定》《股票上市规则》及深圳证券交易所其他相关业务规则规 定的暂缓、豁免情形，采取有效措施防止暂缓或豁免披露的信息泄露，并接受 深圳证券交易所对有关信息披露暂缓、豁免事项的 ...

* [16] A. A. K. 1 2025年半年度非经营性资金占用及其他关联资金往来情况汇总表 编制单位：汇绿生态科技集团股份有限公司 金额单位：人民币万元 | 非经营性资金占 | | 占用方与上市公 | 上市公司核算的 | 2025年初占用资 | 2025年半年度占用累计 | 2025年半年度占用 | 2025年半年度 | 2025年半年度末 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 用 | 资金占用方名称 | 司的关联关系 | 会计科目 | 金余额 | 发生金额（不含利息） | 资金的利息（如 | 偿还累计发生 | 占用资金余额 | 占用形成原因 | 占用性质 | | | | | | | | 有） | 额 | | | | | 控股股东、实际 控制人及其附属 | | | | | | | | | | 非经营性占用 | | 企业 | | | | | | | | | | 非经营性占用 | | 小 计 | —— | —— | —— | | | | | | —— | —— | | 前控股股东、实 | | | ...

截至 2025 年 6 月 30 日止，非公开发行股票募集资金存放银行本年度产生利息并扣除银 行手续费支出共计人民币 612,098.30 元。截至 2025 年 6 月 30 日止，本公司本期使用募集资 金人民币 6,125,521.85 元，累计使用募集资金人民币 305,702,957.41 元。账户转出资金人民 币 25,940,738.99 元，尚未使用募集资金余额人民币 4,236,244.72 元（含募集资金银行存款产 生的利息并扣除银行手续费支出）。 | | | | | 金额单位：人民币元 | | --- | --- | --- | --- | --- | | 时 | | | 间 | 金额 | | 截至 年 2024 12 31 | | 月 | 日止募集资金专户余额 | 35,690,407.26 | | 加：本期利息收入 | | | | 612,731.96 | | 减：本期募投项目已使用金额 | | | | 6,125,521.85 | | 减：本期银行手续费 | | | | 633.66 | | 减：账户金额转出 | | | | 25,940,738.99 | | 截至 年 月 2025 ...