Core Viewpoint - The company reported a revenue of 2.425 billion yuan for the year 2025, marking a year-on-year growth of 4.43% and a net profit attributable to shareholders of 708 million yuan, which represents a 15.29% increase [1] Group 1: Financial Performance - The company's core business in power equipment achieved a revenue of 2.1 billion yuan, reflecting a year-on-year growth of approximately 16%, with overseas user revenue increasing by about 47% [1] - The CNC equipment business generated a revenue of 244 million yuan, showing a year-on-year growth of around 40%, with export revenue soaring by approximately 233% [1] - The power engineering business reported a revenue of 29 million yuan, which is a significant decline of about 90% year-on-year [1] Group 2: Profitability Metrics - The net profit attributable to shareholders, excluding the impact of share-based payments, was 746 million yuan, representing a year-on-year increase of 21.48% [1] - The net profit attributable to shareholders, after excluding non-recurring gains and losses, was 714 million yuan, reflecting a year-on-year growth of 22.68% [1] Group 3: Balance Sheet Highlights - As of the end of the reporting period, the company's total assets amounted to 5.278 billion yuan, an increase of 18.41% compared to the beginning of the period [1] - The equity attributable to shareholders was 3.142 billion yuan, which is a slight decrease of 0.74% from the beginning of the period [1]

Core Viewpoint - The company reported a revenue of 2.425 billion yuan for the year 2025, marking a year-on-year growth of 4.43% [1] - The net profit attributable to shareholders reached 708 million yuan, reflecting a year-on-year increase of 15.29% [1] - The net profit after deducting non-recurring gains and losses was 676 million yuan, up 16.15% year-on-year [1] Revenue Breakdown - The core business of power equipment generated revenue of 2.1 billion yuan, showing a year-on-year growth of approximately 16%, and for the first time, it surpassed 2 billion yuan [1] - Revenue from overseas customers in the power equipment segment (including direct and indirect exports) increased by about 47% year-on-year [1] - The CNC equipment business achieved revenue of 244 million yuan, with a year-on-year growth of approximately 40%, and export revenue surged by about 233% [1] - Revenue from the power engineering business was 29 million yuan, which represents a year-on-year decrease of approximately 90% [1]

（记者 王晓波） 每经头条（nbdtoutiao）——特朗普强要格陵兰岛，丹麦一养老基金率先清仓美债，美国资产全线下 跌！欧洲手握"金融核按钮"，双方会"鱼死网破"吗？专家解读→ 每经AI快讯，华明装备1月22日晚间发布2025年度业绩快报，营业收入约24.25亿元，同比增加4.43%； 归属于上市公司股东的净利润约7.08亿元，同比增加15.29%；基本每股收益0.7828元，同比增加 14.2%。 ...

证券代码：002270 证券简称：华明装备 公告编号：〔2026〕003 号 华明电力装备股份有限公司 2025 年度业绩快报 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： 本公告所载 2025 年度的财务数据仅为初步核算数据，未经会计师事务所审 计，与年度报告中披露的最终数据可能存在差异，请投资者注意投资风险。 一、2025 年度主要财务数据和指标 单位：万元 | 项目 | 本报告期 | 上年同期 | 增减变动幅度 | | --- | --- | --- | --- | | 营业总收入 | 242,514.11 | 232,220.29 | 4.43% | | 营业利润 | 83,591.44 | 69,634.07 | 20.04% | | 利润总额 | 85,311.09 | 72,663.63 | 17.41% | | 归属于上市公司股东的净利润 | 70,824.42 | 61,429.87 | 15.29% | | 扣除非经常性损益后的归属于 上市公司股东的净利润 | 67,578.92 | 58,182.38 | 16.15% | ...

Core Viewpoint - Huaming Equipment's stock price has shown significant growth this year, with a year-to-date increase of 30.83% and a recent surge of 18.27% over the past five trading days [1]. Group 1: Stock Performance - As of January 22, Huaming Equipment's stock price was 32.76 CNY per share, with a market capitalization of 29.36 billion CNY [1]. - The stock has experienced a trading volume of 1.33 billion CNY and a turnover rate of 0.45% [1]. - The company has seen a net inflow of main funds amounting to 5.16 million CNY, with significant buying activity from large orders [1]. Group 2: Financial Performance - For the period from January to September 2025, Huaming Equipment reported a revenue of 1.815 billion CNY, reflecting a year-on-year growth of 6.87% [2]. - The net profit attributable to shareholders for the same period was 581 million CNY, representing a year-on-year increase of 17.66% [2]. Group 3: Company Overview - Huaming Equipment, established on August 19, 2002, and listed on September 5, 2008, specializes in the research, manufacturing, and sales of steel structure CNC complete processing equipment and transformer tap changers [1]. - The company's revenue composition includes 85.50% from power equipment, 9.90% from CNC equipment, 2.47% from other sources, and 2.13% from power engineering [1]. - As of January 9, 2025, the number of shareholders was 30,100, a decrease of 5.43% from the previous period [2].

Group 1 - Huaming Equipment and China XD Electric reached new highs during trading [1] - Senyuan Electric, Hancable, and Guangdian Electric achieved three consecutive trading limit ups [1] - New Alliance Electronics, Hongsheng Huayuan, and Jicheng Electronics also saw stock price increases [1]

Group 1 - The power grid equipment sector is experiencing renewed activity, with companies such as Huaming Equipment and China XD Electric reaching new highs during trading [1] - Senyuan Electric, Hancable, and Guangdian Electric have achieved three consecutive trading limit-ups, indicating strong market performance [1] - Other companies including Xinlian Electronics, Hongsheng Huayuan, Jicheng Electronics, Shuangjie Electric, and Dalian Electric Porcelain are also seeing upward trends in their stock prices [1]

Market Overview - The robotics sector experienced a significant surge today, with stocks such as Fenglong Co., Ltd. achieving a 14-day consecutive rise, and companies like Riying Electronics, Oke Yi, and Tieliu Co. reaching their daily price limits [1]. Stock Performance - Fenglong Co., Ltd. (002931.SZ) reached a price of 67.97, increasing by 10.00% with a market cap of 13.679 billion [2] - Riying Electronics (603286.SS) also saw a 10.00% increase, reaching 77.34 with a market cap of 8.926 billion [2] - Oke Yi (688308.SS) surged by 20.00% to 39.78, with no available market cap data [2] - Other notable performers include Banming Equipment (002270.SZ) at 32.49 (+9.99%), and Tieliu Co. (603926.SS) at 20.19 (+10.03%) [2] Industry Events - The 2026 Spring Festival Gala will feature robots again, enhancing industry visibility, as previous appearances by companies like Yushu Technology have shown [4] - OpenAI is reportedly seeking domestic hardware suppliers in the U.S. for core components of robots, indicating ambitions for large-scale production [4] - Qianxun Intelligent has open-sourced its VLA foundational model Spiritv1.5, achieving over 50% success in RoboChallenge evaluations, which supports technological iteration in the industry [4] Institutional Insights - Tesla's mass production is expected to initiate a cycle of growth in the supply chain, with domestic manufacturers poised to increase output from thousands to tens of thousands of units by mid-2026 [5] - The hardware supply chain for Tesla is consolidating, with domestic firms showing advantages in supply chain integration, cost control, and rapid product iteration [5] - The industry is accelerating towards mass production, with Chinese robotics companies showcasing integrated engineering capabilities at CES 2026 [5] - China holds significant advantages in supply chain completion, large-scale manufacturing, and cost reduction, with leading firms establishing production bases in Thailand to support Tesla's 2026 production plans [5]

证券代码：002270 证券简称：华明装备 公告编号：〔2026〕002 号 华明电力装备股份有限公司 3.近期公共媒体未报道可能或已经对本公司股票交易价格产生较大影响的 未公开重大信息； 4.经核查，控股股东、实际控制人在公司股票交易异常波动期间不存在买卖 公司股票的行为； 5.经自查，公司不存在违反公平信息披露规定的其他情形。 三、是否存在应披露而未披露信息的说明 关于股票交易异常波动的公告 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。 一、股票交易异常波动情况介绍 华明电力装备股份有限公司（以下简称"公司"，证券简称：华明装备，证 券代码：002270）股票交易价格连续三个交易日内（2026年1月15日、2026年1 月16日、2026年1月19日）收盘价格涨幅偏离值累计超过20%，根据深圳证券交易 所相关规则，公司股票交易属于异常波动情况。 二、公司关注、核实情况说明 针对公司股票异常波动，公司对有关事项进行了核查，有关情况说明如下： 1.截至本公告日，公司前期披露的信息不存在需要更正、补充之处； 2.公司目前经营情况正常，不存在内外部经营环境发生重 ...

Group 1 - The strong performance of the UHV (Ultra High Voltage) sector is driven by a significant investment plan of 4 trillion yuan by the State Grid during the 14th Five-Year Plan, representing a 40% increase compared to the previous plan [1] - The UHV sector index rose by 5.06% to 2361.96 points, with total trading volume reaching 78.6 billion yuan, and several stocks, including Electric Power Research Institute and Hancable, hitting the daily limit [1] - The investment will enhance system regulation capabilities, optimize pumped storage station layouts, and support large-scale development of new energy storage, improving the integration and consumption of renewable energy [1] Group 2 - A global shortage of electrical grid equipment is exacerbated by the rising demand from AI data centers, with a 30% supply gap for large power transformers, particularly in North America and the Middle East [2] - The global market for transformers related to AI data centers is projected to reach approximately 6 billion yuan in 2024 and 26.4 billion yuan in 2027, with a compound annual growth rate (CAGR) of about 64% [2] - Chinese companies are leveraging their full industry chain advantages to fill the global supply gap, with recent contracts indicating a focus on supplying products for overseas AI computing power parks [2] Group 3 - Goldman Sachs has initiated coverage on Chinese companies like Suyuan Electric and Huaming Equipment, noting that the global equipment shortage is accelerating the overseas expansion of these firms [3] - The investment in new power systems and UHV technology is expected to continue increasing over the next 3 to 5 years, with about 40% of the investment from the State Grid and Southern Grid during the 14th Five-Year Plan directed towards upgrading and expanding transmission and transformation equipment [3] - The demand for large-capacity power transformers and converter transformers is expected to rise significantly due to the construction of UHV AC ring networks and DC channels [3]