| 证券代码：001283 | 证券简称：豪鹏科技 | 公告编号：2025-087 | | --- | --- | --- | | 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 重要内容提示： 1、最后转股日：2025 年 8 月 28 日 关于"豪鹏转债"赎回实施暨即将停止转股的重要提示性公告 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。 因"豪鹏转债"已停止交易，本公司特提醒投资者在期限内转股。2025 年 8 月 28 日是"豪鹏转债"最后一个转股日，当日收市前，持有"豪鹏转债"的投 资者仍可进行转股；2025 年 8 月 28 日收市后，未转股的"豪鹏转债"将停止转 股，并将按照 100.34 元/张的价格被强制赎回。 2、截至 2025 年 8 月 25 日收市后，距离"豪鹏转债"停止转股并赎回仅剩 3 个交易日。投资者如未及时转股，可能面临损失。敬请投资者仔细阅读本公告 内容，关注相关风险。 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） ...

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 注：1、截至 2025 年 8 月 18 日，公司的总股本为 95,020,604 股；截至 2025 年 8 月 22 一、 本次权益变动情况 公司控股股东潘党育先生、豪鹏控股、珠海安豪合计持有的权益近期变动触 及 1%的整数倍，系公司可转换公司债券转股使公司总股本增加而引起的股东持 股比例被动稀释，不涉及股东持股数量的变化。根据相关规定，现将具体情况说 明如下： | 1．基本情况 信息披露义务人 | 潘党育 | | --- | --- | | 住所 | 深圳市龙岗区平湖街道新厦大道 号 栋 68 A7 | | 权益变动时间 | 2025 年 8 月 19 日-2025 年 8 月 22 日 | | 权益变动过程 | 年 月 年 月 日，因公司可转换公司债券转股，公 2025 8 19 日-2025 8 22 司总股本由 95,020,604 股增加至 98,604,888 股，致公司控股股东潘党育 先生、豪鹏控股、珠海安豪持股比例被动稀释，不涉及其持股数量的变 | | | 化。本次变动，不会对公司的控制权稳定及生产经营产生 ...

Investment Rating - The report maintains a "Recommended" investment rating for the renewable energy sector, indicating a positive outlook for the industry [7]. Core Insights - The report highlights significant improvements in the performance of the renewable energy sector, particularly in the photovoltaic (PV) and wind power segments, driven by national strategic initiatives aimed at reducing competition and enhancing industry stability [4][5]. - The photovoltaic industry is currently at the bottom of its cycle, with future policy measures expected to be critical in shaping the industry's trajectory towards high-quality development [4]. - The wind power sector is experiencing a favorable supply-demand structure, with increasing profitability among companies, particularly in offshore wind projects [4]. Weekly Market Review - From August 18 to August 22, 2025, the Shanghai Composite Index rose by 3.49%, while the Shenzhen Component Index and the ChiNext Index increased by 4.57% and 5.85%, respectively. The Shenwan Electric Power Equipment Index rose by 2.28%, underperforming the CSI 300 by 1.90 percentage points [2][13]. - Within sub-sectors, photovoltaic equipment saw a rise of 3.47%, while wind power equipment decreased by 0.90% [2][13]. Key Sector Tracking - Longi Green Energy reported a revenue of 32.8 billion yuan for the first half of 2025, a decline of 14.83% year-on-year, with a net loss of 2.569 billion yuan, significantly reduced from a loss of 5.23 billion yuan in the same period last year [3][34]. - The report emphasizes the importance of government subsidies and the impact of market pricing on operational losses within the photovoltaic sector [3][34]. Investment Recommendations - For the photovoltaic sector, the report suggests focusing on companies with clear alpha potential in the silicon material, glass, and battery segments, as well as new technologies and leading manufacturers [4]. - In the wind power sector, the report recommends attention to companies with strong performance in offshore wind projects and related supply chains, such as Goldwind Technology and Orient Cable [4]. Industry Performance Data - The report notes that the cumulative installed capacity of new energy storage in China reached 101.3 GW by mid-2025, marking a year-on-year growth of 110% [22]. - The average utilization hours of power generation equipment decreased by 188 hours compared to the previous year, indicating challenges in the overall energy market [26]. Company Announcements - EVE Energy reported a revenue increase of 30.06% year-on-year for the first half of 2025, driven by strong performance in both power and energy storage battery segments [24]. - JA Solar's net loss narrowed significantly, reflecting improved operational efficiency and market conditions [24]. Price Trends - The report provides insights into the price trends of key materials in the industry, including polysilicon and battery cells, indicating a general upward trend in prices due to supply constraints and increased demand [22][23].

Investment Rating - The report maintains an "Outperform" rating for the electric equipment and new energy industry [1] Core Insights - The report highlights the ongoing "anti-involution" efforts in the photovoltaic sector, with government initiatives aimed at regulating low-price competition and promoting product quality [1] - In the electric vehicle sector, the report anticipates continued high growth in domestic sales driven by new model releases and the upcoming sales peak, which will boost demand for batteries and materials [1] - The solid-state battery industry is showing clear trends towards industrialization, with significant advancements reported by leading companies [1] Industry Overview - The electric equipment and new energy sector saw a weekly increase of 2.28%, with notable performances in various sub-sectors: industrial automation up 3.84%, new energy vehicles up 3.69%, and photovoltaic sector up 3.39% [2][10] - The report notes that the penetration rate of new energy vehicles is expected to reach a new high of 56.7% in August, with retail sales projected to hit around 1.1 million units [2][25] - The Ministry of Industry and Information Technology held a meeting to further regulate competition in the photovoltaic industry, emphasizing the need for self-discipline and fair competition [2][25] Company Performance - Major companies reported varying profit results for the first half of 2025: - Huayou Cobalt reported a net profit of 2.711 billion yuan, up 62.26% year-on-year [27] - Tianqi Lithium reported a net profit of 3.07 billion yuan, up 27.76% year-on-year [27] - However, Tongwei Co. reported a net loss of 4.955 billion yuan [27] - The report also highlights significant partnerships, such as Chuangneng New Energy signing a battery development agreement with Dongfeng Liuzhou Automobile to supply over 30 GWh of battery products over the next five years [25][27]

| 证券代码：001283 | 证券简称：豪鹏科技 | 公告编号：2025-086 | | --- | --- | --- | | 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"豪鹏转债"赎回实施暨即将停止交易的重要提示性公告 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。 重要内容提示： 1、最后交易日：2025 年 8 月 25 日 2025 年 8 月 25 日是"豪鹏转债"最后一个交易日，当日"豪鹏转债"简称 为"Z 鹏转债"；2025 年 8 月 25 日收市后"豪鹏转债"将停止交易。 2、最后转股日：2025 年 8 月 28 日 2025 年 8 月 28 日是"豪鹏转债"最后一个转股日，当日收市前，持有"豪 鹏转债"的投资者仍可进行转股；2025 年 8 月 28 日收市后，未转股的"豪鹏转 债"将停止转股。 3、截至 2025 年 8 月 22 日收市后，距离"豪鹏转债"停止交易仅剩 1 个交 易日，距离"豪鹏转债"停止转股并赎回仅剩 4 个交易日。本公司特提醒投资者 仔细阅读本公告内容，关注相关风 ...

证券代码：001283 证券简称：豪鹏科技 公告编号：2025-085 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 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。 重要内容提示： 强制赎回。本次赎回完成后，"豪鹏转债"将在深圳证券交易所摘牌。债券持有 人持有的"豪鹏转债"如存在被质押或被冻结的，建议在停止转股日前解除质押 或冻结，以免出现因无法转股而被赎回的情形。 的市场价格存在较大差异，特提醒持有人注意在限期内转股。投资者如未及时转 股，可能面临损失，敬请投资者注意投资风险。 下简称"公司"）股票已满足连续三十个交易日中至少有十五个交易日的收盘价 格不低于当期转股价格（50.22 元/股）的 130%（含 130%，即 65.29 元/股）。根 据《深圳市豪鹏科技股份有限公司向不特定对象发行可转换公司债券募集说明书》 （以下简称《募集说明书》）的相关规定，公司已触发"豪鹏转债"有条件赎回 条款。公司于 2025 年 8 月 7 日召开第二届董事会第十三次会议，审议通过了《关 于提前赎回"豪鹏转债"的议案》，结合当前市场及公司自身经 ...

| 证券代码：001283 | 证券简称：豪鹏科技 | 公告编号：2025-085 | | --- | --- | --- | | 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 2025 年 8 月 25 日是"豪鹏转债"最后一个交易日，当日"豪鹏转债"简称 为"Z 鹏转债"；2025 年 8 月 25 日收市后"豪鹏转债"将停止交易。 2、最后转股日：2025 年 8 月 28 日 2025 年 8 月 28 日是"豪鹏转债"最后一个转股日，当日收市前，持有"豪 鹏转债"的投资者仍可进行转股；2025 年 8 月 28 日收市后，未转股的"豪鹏转 债"将停止转股。 3、截至 2025 年 8 月 21 日收市后，距离"豪鹏转债"停止交易仅剩 2 个交 易日，距离"豪鹏转债"停止转股并赎回仅剩 5 个交易日。本公司特提醒投资者 仔细阅读本公告内容，关注相关风险，谨慎交易"豪鹏转债"。 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" ...

Group 1: Electric Equipment - Haopeng Technology - The company achieved revenue of 2.763 billion yuan in H1 2025, a year-on-year increase of 19.29% [6] - 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, increasing by 366.27% [6] - The company expects net profits of 259 million, 387 million, and 503 million yuan for 2025-2027, representing year-on-year growth of 183.9%, 49.3%, and 30.0% respectively [8] Group 2: Non-Banking Financial - Hong Kong Stock Exchange - The company reported a revenue of 14.076 billion HKD and a net profit of 8.519 billion HKD in H1 2025, reflecting year-on-year increases of 33% and 39% respectively [10] - The average daily trading volume in the Hong Kong stock market reached approximately 240.2 billion HKD, a year-on-year increase of 117.6% [11] - The company is expected to achieve a net profit of 16.623 billion HKD in 2025, with a price-to-earnings ratio of 33.6 times based on the closing price on August 20 [12] Group 3: Nonferrous Metals - Jinli Permanent Magnet - The company achieved revenue of approximately 3.507 billion yuan in H1 2025, a year-on-year increase of 4.33%, with a net profit of 305 million yuan, up 154.81% [17] - Domestic sales revenue was 2.994 billion yuan, increasing by 8.17%, while overseas sales revenue was 513 million yuan, down 13.58% [17] - The company expects EPS of 0.47, 0.59, and 0.72 yuan for 2025-2027, with corresponding price-to-book ratios of 5.1, 4.6, and 4.1 [19] Group 4: Agriculture, Forestry, Animal Husbandry, and Fishery - Lihua Co., Ltd. - The company reported revenue of 8.353 billion yuan and a net profit of 149 million yuan in H1 2025, with a year-on-year increase of 7.02% but a decrease in net profit by 74.10% [21] - The chicken business revenue was 635 million yuan, down 6.76% year-on-year, while the pig business revenue was 1.947 billion yuan, up 117.65% [22] - The company expects net profits of 586 million, 1.474 billion, and 1.942 billion yuan for 2025-2027, with a year-on-year change of -61.5%, +151.5%, and +31.8% respectively [23] Group 5: Non-Banking Financial - Ruida Futures - The company achieved total revenue of 1.047 billion yuan and a net profit of 228 million yuan in H1 2025, with year-on-year increases of 4.49% and 66.49% respectively [26] - The asset management business saw a revenue increase of 223.83% to 121 million yuan, driven by product scale expansion and investment returns [26] - The company is expected to achieve a net profit of 423 million yuan in 2025, reflecting a year-on-year increase of 10.5% [28] Group 6: Steel - Hualing Steel - The company reported revenue of 62.794 billion yuan in H1 2025, a year-on-year decrease of 17.02%, while net profit increased by 31.31% to 1.748 billion yuan [29] - The company’s high-end products accounted for 68.5% of total sales, with a focus on product structure optimization [30] - The company expects EPS of 0.44, 0.51, and 0.55 yuan for 2025-2027, with corresponding price-to-earnings ratios of 13, 11, and 10 [31] Group 7: Automotive - Yixin Group - The company achieved total revenue of 5.452 billion yuan and a net profit of 549 million yuan in H1 2025, with year-on-year increases of 22% and 33.93% respectively [33] - The financing total reached 32.7 billion yuan, with a significant contribution from financial technology services, which saw a revenue increase of 124% [34] - The company is expected to achieve a net profit of 1.143 billion yuan in 2025, reflecting a year-on-year increase of 41.2% [35] Group 8: Automotive - Fuyao Glass - The company reported revenue of 21.45 billion yuan and a net profit of 4.8 billion yuan in H1 2025, with year-on-year increases of 16.9% and 37.3% respectively [36] - The company’s gross margin improved to 37.1%, with a net margin of 22.4% [37] - The company expects revenue growth of 15% annually from 2025 to 2027, with net profits of 9.3 billion, 10.6 billion, and 12.4 billion yuan [38] Group 9: Nonferrous Metals - Bowei Alloy - The company achieved revenue of 10.221 billion yuan and a net profit of 676 million yuan in H1 2025, with year-on-year increases of 15.21% and 6.05% respectively [40] - The new materials segment generated revenue of 7.935 billion yuan, up 23.83%, while the renewable energy segment saw a revenue decrease of 10.10% [41] - The company expects EPS of 1.97, 2.05, and 2.21 yuan for 2025-2027, with corresponding price-to-earnings ratios of 13.4, 12.9, and 11.9 [42]

| 证券代码：001283 | 证券简称：豪鹏科技 | 公告编号：2025-084 | | --- | --- | --- | | 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"豪鹏转债"赎回实施暨即将停止交易的重要提示性公告 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。 重要内容提示： 2025 年 8 月 25 日是"豪鹏转债"最后一个交易日，当日"豪鹏转债"简称 为"Z 鹏转债"；2025 年 8 月 25 日收市后"豪鹏转债"将停止交易。 2、最后转股日：2025 年 8 月 28 日 2025 年 8 月 28 日是"豪鹏转债"最后一个转股日，当日收市前，持有"豪 鹏转债"的投资者仍可进行转股；2025 年 8 月 28 日收市后，未转股的"豪鹏转 债"将停止转股。 3、截至 2025 年 8 月 20 日收市后，距离"豪鹏转债"停止交易仅剩 3 个交 易日，距离"豪鹏转债"停止转股并赎回仅剩 6 个交易日。本公司特提醒投资者 仔细阅读本公告内容，关注相关风险，谨慎交易"豪鹏转债"。 特别提示： 1、"豪 ...

1）豪鹏科技 （北京鸿道投资参与公司业绩说明会&电话会议） 根据市场公开信息及8月19日披露的机构调研信息，知名私募鸿道投资近期对1家上市公司进行了调研， 相关名单如下： 调研纪要：豪鹏科技在AI相关产品、大客户战略、研发投入、机器人业务、数码影像设备及钢壳叠片 工艺等方面进行了详细介绍。AI相关产品涵盖IPC、I耳机、I眼镜等，已开始贡献业绩增量。大客户战 略强调与细分领域头部品牌客户成为技术驱动、互利共生的'产品联合定义伙伴'。研发投入聚焦在I+业 务领域，重点倾斜到高电压正极、硅基负极、叠片钢壳、固态四个研发方向。机器人业务方面，服务型 机器人及园林机器人已有丰富经验，I陪伴型机器人、四足机器狗将于2025年下半年量产出货。数码影 像设备方面，2025年与头部客户的合作增长良好，涵盖数码设备、无人机智能操作台、智能家居及便携 式储能订单。钢壳叠片工艺配合智能穿戴品牌客户需求，部分I眼镜客户量产订单将在2025年下半年出 货。 机构简介： 北京鸿道投资管理有限责任公司创立于2010年3月，由原华夏元老级明星基金经理孙建冬创办，基金业 协会登记备案号P1000280，拥有证券私募基金"3+3"投资顾问资格。 ...