Core Viewpoint - The company has triggered the conditional redemption clause for its convertible bonds "Hao Peng Convertible Bonds" due to the stock price meeting specific criteria, leading to an early redemption announcement [2][10]. Group 1: Convertible Bond Redemption - The company will stop trading "Hao Peng Convertible Bonds" after the market closes on August 25, 2025, and the conversion will cease after August 28, 2025 [1]. - The board of directors approved the early redemption of "Hao Peng Convertible Bonds" on August 7, 2025, based on current market conditions and the company's operational status [2][10]. - The redemption price for the bonds is set at 100.34 CNY per bond, which includes interest and tax [10]. Group 2: Bond Issuance and Terms - The company issued 11 million convertible bonds on December 22, 2023, with a maturity of six years and a face value of 100 CNY per bond [2]. - The initial conversion price was adjusted from 50.65 CNY to 50.22 CNY per share due to stock changes [3][5]. - The bonds have a tiered interest rate structure, starting at 0.30% in the first year and increasing to 2.10% in the sixth year [7][8]. Group 3: Redemption Conditions - The conditional redemption clause allows the company to redeem the bonds if the stock price remains above 130% of the conversion price for at least 15 trading days within a 30-day period [7][9]. - The company has the right to redeem all or part of the unconverted bonds if the remaining balance is less than 30 million CNY [7]. Group 4: Shareholder Transactions - The company's major shareholders and executives have engaged in transactions involving "Hao Peng Convertible Bonds" within six months prior to the redemption conditions being met [11].

| 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。 ...

Core Insights - The stock price of Haopeng Technology (001283) closed at 76.22 yuan, down 4.09% as of August 19, 2025 [1] - The company reported a total revenue of 2.763 billion yuan for the first half of 2025, representing a year-on-year growth of 19.29% [1] - Net profit attributable to shareholders reached 96.71 million yuan, a significant increase of 252.49% year-on-year [1] Financial Performance - The company's operating revenue for the latest reporting period was 2.763 billion yuan, with a year-on-year growth of 19.29% [1] - Net profit attributable to shareholders was 96.71 million yuan, showing a year-on-year increase of 252.49% [1] - The company's non-recurring net profit was 79.84 million yuan, reflecting a year-on-year growth of 366.27% [1] - Current ratio stands at 0.985, quick ratio at 0.776, and debt-to-asset ratio at 71.87% [1] Market Activity - The stock experienced a turnover rate of 12.28% with a trading volume of 88,800 hands and a transaction amount of 683 million yuan [1] - There was a net outflow of 19.82 million yuan in main funds, accounting for 2.9% of the transaction amount [1] - Large orders saw a net outflow of 20.73 million yuan, while small orders had a net outflow of 536.94 thousand yuan [1] Company Background - Haopeng Technology was established in 2002 and is located in Shenzhen, primarily engaged in the manufacturing of computers, communications, and other electronic devices [2] - The company has a registered capital of 80.61 million yuan and a paid-in capital of 40 million yuan [2] - The legal representative of the company is Pan Dangyu [2] Intellectual Property and Investments - The company has made investments in 8 enterprises and participated in 30 bidding projects [2] - It holds 6 trademark registrations and 618 patents, along with 70 administrative licenses [2]

Group 1 - The company has issued a total of 11 million convertible bonds, known as "Hao Peng Convertible Bonds," with a maturity of 6 years and a face value of RMB 100 each [1][2] - As of August 18, 2025, a total of 16,960,592 shares have been converted from the "Hao Peng Convertible Bonds," which represents 20.64% of the company's total shares before the conversion [1][6] - The initial conversion price of the bonds was set at RMB 50.65 per share, which has been adjusted to RMB 50.22 per share due to various factors [2][4] Group 2 - The conversion period for the "Hao Peng Convertible Bonds" began on June 28, 2024, and the company plans to redeem the bonds on August 7, 2025 [2][6] - As of August 18, 2025, there are still 2,481,675 bonds that have not been converted, which accounts for 22.56% of the total issued convertible bonds [6]

Core Viewpoint - The company has triggered the conditional redemption clause for its convertible bonds, "Hao Peng Convertible Bonds," due to the stock price meeting specific criteria, leading to an early redemption decision by the board of directors [1][5][7]. Group 1: Convertible Bond Issuance and Redemption - The company issued 11 million convertible bonds on December 22, 2023, with a maturity of 6 years and a face value of 100 yuan per bond [1][5]. - The initial conversion price was set at 50.65 yuan per share, which has been adjusted to 50.22 yuan per share due to various factors [2][3]. - The redemption price for the bonds is determined to be 100.34 yuan per bond, which includes accrued interest [8]. Group 2: Redemption Conditions and Procedures - The redemption clause is activated when the stock price remains above 130% of the conversion price for at least 15 out of 30 trading days [5][7]. - The redemption process will involve all bondholders registered with the central depository by the redemption date, August 28, 2025 [9]. - The company will publish the results of the redemption and the delisting announcement for the bonds after the redemption is completed [9]. Group 3: Interest Rates and Financial Details - The coupon rate for the bonds is structured to increase over the years, starting at 0.30% in the first year and reaching 2.10% by the sixth year [5][6]. - The accrued interest for the redemption calculation is based on the formula: IA = B × i × t / 365, where IA is the accrued interest, B is the total face value held, i is the coupon rate, and t is the number of days [8].

Core Viewpoint - Haopeng Technology announced the mandatory redemption of "Haopeng Convertible Bonds" if not converted by the close of trading on August 28, 2025, leading to their delisting from the Shenzhen Stock Exchange [1] Group 1 - The mandatory redemption of "Haopeng Convertible Bonds" will occur if they remain unconverted by the specified date [1] - Following the redemption, "Haopeng Convertible Bonds" will be delisted from the Shenzhen Stock Exchange [1] - Bondholders are advised to解除质押或冻结 before the conversion deadline to avoid being forced into redemption [1]

Group 1 - Haopeng Technology (SZ 001283, closing price: 76.22 yuan) announced that on August 19, 2025, it accepted an investor survey from Bosera Fund and others [2] - The company's chairman and general manager, Pan Dangyu, along with other executives, responded to questions raised by investors during the survey [2]