Investment Rating - The report maintains a "Recommended" rating for the company, indicating a potential upside of over 15% relative to the benchmark index [4][6]. Core Insights - The company achieved a revenue of 2.763 billion yuan in the first half of 2025, representing a year-on-year growth of 19.29%. The net profit attributable to shareholders was 97 million yuan, up 252.49% year-on-year, with a non-recurring net profit of 80 million yuan, growing 366.27% year-on-year [1][2]. - The company is transitioning from a "consumer battery manufacturer" to a leader in "AI + edge hardware new energy solutions," with significant growth in both consumer and energy storage application scenarios [2][3]. - The company has established strategic partnerships with major global clients such as HP, DJI, Dell, and Sony, and is making significant strides in emerging AI application scenarios [3]. Financial Performance - In Q2 2025, the company reported a revenue of 1.538 billion yuan, a year-on-year increase of 16.3% and a quarter-on-quarter increase of 25.6%. The net profit for the same period was 65 million yuan, reflecting a year-on-year growth of 167.4% and a quarter-on-quarter growth of 104% [1]. - The gross margin for the first half of 2025 was 18.74%, with a net margin of 3.50%, showing a year-on-year increase of 2.32 percentage points [1]. - The company expects revenues for 2025-2027 to reach 6.21 billion, 7.36 billion, and 8.52 billion yuan, with corresponding net profits of 257 million, 374 million, and 454 million yuan, indicating robust growth rates [4][5]. Strategic Initiatives - The company launched an employee stock ownership plan in July 2025, focusing on core R&D and manufacturing personnel, reflecting confidence in long-term development [3]. - The company plans to double its cooperation scale with key players in the low-altitude economy, particularly in the drone sector, while also expanding its client base in this area [3].

| | 本报告期 | | | --- | --- | --- | | 营业收入(元) | 2,762,767,014.17 | 2, : | | 归属于上市公司股东的净利润(元) | 96, 710, 693. 57 | | | 归属于上市公司股东的扣除非经常性损益的净利润(元) | 79, 839, 749. 71 | | | 经营活动产生的现金流量净额(元) | 91, 437, 293. 91 | | | 基本每股收益(元/股) | 1.29 | | | 稀释每股收益(元/股) | 1.29 | | | 加权平均净资产收益率 | 4. 03% | | | | 本报告期末 | | | 总资产(元) | 8, 476, 916, 629. 84 | 8. ' | | 归属于上市公司股东的净资产(元) | 2, 384, 485, 669. 08 | 2, · | 以8月18日收盘价计算，豪鹏科技目前市盈率（TTM）约为44.93倍，市净率（LF）约3.02倍，市销率（TTM）约1.3倍。 市盈率(TTM)历史分位(%) 001 900 82 49 80 70 60 52638 50 40 38.8 30 2 ...

豪鹏科技2025半年报 ...

Fundraising Overview - In 2023, the company raised a total of RMB 1,100 million through the issuance of convertible bonds, with a net amount of RMB 1,080.56 million after deducting issuance costs of RMB 19.44 million [1] - As of December 31, 2024, the company had utilized RMB 760.83 million of the raised funds for investment projects, with interest income and cash management gains amounting to RMB 5.67 million [2] - By June 30, 2025, the company had used RMB 146.87 million of the raised funds, with a remaining balance of RMB 180.48 million in the fundraising account [3] Fund Management and Compliance - The company has established a special account for managing the raised funds, ensuring compliance with relevant laws and regulations, and has signed tripartite supervision agreements with banks and sponsors [5][7] - As of June 30, 2025, the company strictly adhered to the management protocols and tripartite agreements regarding the use of the raised funds [6] Asset Impairment Losses - The company has proposed to recognize asset impairment losses totaling RMB 26.17 million for the first half of 2025, which will reduce the total profit for the period by the same amount [11][14] - The impairment losses include provisions for inventory and receivables, based on comprehensive checks and evaluations of asset values [12][13] Board Resolutions - The board of directors approved the half-year report and the special report on the use of raised funds, ensuring compliance with legal and regulatory requirements [33] - The board also approved the proposal for asset impairment losses, confirming that the decision aligns with accounting standards and accurately reflects the company's asset status [34]

（文章来源：证券日报） 证券日报网讯 8月18日晚间，豪鹏科技发布公告称，公司第二届董事会第十四次会议审议通过了《关于 公司及摘要的议案》等多项议案。 ...

Core Viewpoint - Haopeng Technology (001283.SZ) reported a significant increase in both revenue and net profit for the first half of 2025, indicating strong business performance and growth potential [1] Financial Performance - The company achieved an operating revenue of 2.763 billion yuan, representing a year-on-year growth of 19.29% [1] - The net profit attributable to shareholders of the listed company was 96.71 million yuan, showing a remarkable year-on-year increase of 252.49% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 79.84 million yuan, reflecting a substantial year-on-year growth of 366.27% [1] - The basic earnings per share were reported at 1.29 yuan [1]

Core Insights - The company reported a revenue of 2,762.77 million yuan for the first half of the year, representing a year-on-year growth of 19.29% [1] - The net profit attributable to the listed company reached 96.71 million yuan, showing a significant increase of 252.49% compared to the same period last year [1] Business Performance - The growth of the company's core business aligns with expectations, and the expansion of emerging businesses is showing positive trends [1] - The completion of capacity integration, upgrades in intelligent manufacturing systems, continuous introduction of high-end clients, and enhancement of product technical added value are contributing factors to the company's performance [1] Strategic Initiatives - The company is strategically positioning itself in the AI+ edge computing sector, seizing opportunities from the comprehensive innovation in new energy technologies driven by AI hardware upgrades [1] - The focus on high value-added products is further strengthening the company's core competitiveness and promoting sustainable high-quality business development [1]

Core Viewpoint - Haopeng Technology reported a significant increase in both revenue and net profit for the first half of 2025, indicating strong financial performance and growth potential [2] Financial Performance - The company's operating revenue for the first half of 2025 was approximately 2.763 billion yuan, representing a year-on-year increase of 19.29% [2] - The net profit attributable to shareholders was about 96.71 million yuan, showing a substantial year-on-year increase of 252.49% [2] - Basic earnings per share reached 1.29 yuan, reflecting a remarkable year-on-year growth of 290.91% [2]

| 证券代码：001283 | 证券简称：豪鹏科技 | 公告编号：2025-080 | | --- | --- | --- | | 债券代码：127101 | 债券简称：豪鹏转债 | | 深圳市豪鹏科技股份有限公司 关于提前赎回"豪鹏转债"的第八次提示性公告 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。 特别提示： 1、"豪鹏转债"赎回价格：100.34 元/张（含当期应计利息，当期年利率为 0.50%，且当期利息含税），扣税后的赎回价格以中国证券登记结算有限责任公 司深圳分公司（以下简称"中登公司"）核准的价格为准。 2、赎回条件满足日：2025 年 8 月 7 日 3、停止交易日：2025 年 8 月 26 日 4、赎回登记日：2025 年 8 月 28 日 5、赎回日：2025 年 8 月 29 日 6、停止转股日：2025 年 8 月 29 日 7、赎回资金到账日（到达中登公司账户）：2025 年 9 月 3 日 8、投资者赎回款到账日：2025 年 9 月 5 日 9、赎回类别：全部赎回 10、最后一个交易日（2025 年 8 月 25 日）可转债 ...

深圳市豪鹏科技股份有限公司 财务管理制度 第一章 总则 第一条 为了规范深圳市豪鹏科技股份有限公司（以下简称"公司"）会计 确认、计量和报告行为、保证公司财务报告信息质量，使公司的财务工作有章可 循、有法可依，以提高公司经济效益，维护投资者权益，制定本制度。 第二条 本制度根据《中华人民共和国会计法》《中华人民共和国民法典》 《企业会计准则》和《会计基础工作规范》等法律、法规、规章及《深圳市豪鹏 科技股份有限公司章程》的有关规定，结合公司实际情况，特制定本制度。 第三条 本制度适用于公司及所属控股子公司（公司能够控制或者实际控制 的公司或者其他主体）。 第二章 财务机构与财务人员管理 （六）负责公司资金计划、对外融资,协助资金回笼等资金筹集使用工作； （七）协助有关部门制定与实施销售等相关部门经济目标责任制； 第四条 公司设财务负责人一名，由总经理提名，董事会聘任，负责和组织 公司财务管理各项工作和会计核算工作。 第五条 公司设置财务中心，履行公司会计核算与财务监督职能，配备必要 的会计人员，办理公司的财务会计工作。财务中心主要职责包括： （一）负责执行国家财经法律法规，制定与组织实施公司会计政策、成本核 算 ...