截至发稿，禾盛新材市值为77亿元。 每经AI快讯，禾盛新材（SZ 002290，收盘价：30.94元）8月11日晚间发布公告称，基于对公司未来持 续稳定发展的信心和长期投资价值的认可，苏州禾盛新型材料股份有限公司董事吴海峰先生计划自本公 告披露之日（含）起6个月内，以自有资金或自筹资金通过深圳证券交易所交易系统以集中竞价、大宗 交易或法律法规允许的其他交易方式增持公司股份，合计增持金额将不低于人民币1000万元（含本数） 且不超过人民币2000万元（含本数）。 每经头条（nbdtoutiao）——人形机器人撕掉"花瓶"标签还要多久？亿元大单"破冰"，商业化元年终于 来了！ 2025年1至6月份，禾盛新材的营业收入构成为：家电用外观部件复合材料制造业占比97.87%，其他业 务占比1.98%，贸易收入占比0.15%。 免责声明：本文内容与数据仅供参考，不构成投资建议，使用前请核实。据此操作，风险自担。 每日经济新闻 （记者 王晓波） ...

Core Viewpoint - He Sheng New Materials (002290.SZ) announced that its director, Wu Haifeng, plans to increase his shareholding in the company, reflecting confidence in the company's future development and long-term investment value [1] Summary by Categories Shareholding Plan - Wu Haifeng intends to increase his shareholding using personal or raised funds through the Shenzhen Stock Exchange within six months from the announcement date [1] - The total amount of the planned share purchase will be no less than RMB 10 million (including this amount) and will not exceed RMB 20 million (including this amount) [1]

证券代码：002290 证券简称：禾盛新材 公告编号：2025-038 苏州禾盛新型材料股份有限公司 公司董事吴海峰保证向本公司提供的信息内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一 致。 基于对公司未来持续稳定发展的信心和长期投资价值的认可，苏州禾盛新 型材料股份有限公司（以下简称"公司"）董事吴海峰先生计划自本公告披露 之日（含）起6个月内，以自有资金或自筹资金通过深圳证券交易所交易系统以 集中竞价、大宗交易或法律法规允许的其他交易方式增持公司股份，合计增持 金额将不低于人民币1,000万元（含本数）且不超过人民币2,000万元（含本数）。 现将相关增持方案披露如下： 一、计划增持主体的基本情况 次公告前6个月内不存在减持公司股份的情形。 券交易所交易系统包括但不限于集中竞价交易、大宗交易或法律法规允许的其 他交易方式。 票买卖的有关法律法规，在增持计划实施期限内完成本次增持计划；在增持计 划实施期间及法定期限内不减持所持有的公司股份；不进行内幕交易及短线交 易，不在窗口期买卖公司股份。 三、增持计划实施的不确定性风险 二、增 ...

Core Viewpoint - The company He Sheng New Materials announced that its director Wu Haifeng plans to increase his shareholding in the company within six months from the date of the announcement, with a total investment amount between 10 million and 20 million RMB [1] Summary by Relevant Categories - **Shareholding Increase Plan** - Director Wu Haifeng intends to use personal or raised funds to purchase company shares through centralized bidding and block trading methods [1] - The total amount of the planned share purchase is not less than 10 million RMB and not more than 20 million RMB [1] - There is no set price range for the share purchase, and there will be no reduction of his existing shareholding during the implementation period and legal timeframe [1]

一、计划增持主体的基本情况 1、增持主体：公司董事吴海峰先生； 证券代码：002290 证券简称：禾盛新材 公告编号：2025-038 苏州禾盛新型材料股份有限公司 关于董事增持公司股份计划的公告 公司董事吴海峰保证向本公司提供的信息内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一 致。 基于对公司未来持续稳定发展的信心和长期投资价值的认可，苏州禾盛新 型材料股份有限公司（以下简称"公司"）董事吴海峰先生计划自本公告披露 之日（含）起6个月内，以自有资金或自筹资金通过深圳证券交易所交易系统以 集中竞价、大宗交易或法律法规允许的其他交易方式增持公司股份，合计增持 金额将不低于人民币1,000万元（含本数）且不超过人民币2,000万元（含本数）。 现将相关增持方案披露如下： 2、截至本次增持计划披露日，公司董事吴海峰先生未持有公司股份； 3、吴海峰先生在本次公告前12个月内未披露增持计划，且吴海峰先生在本 次公告前6个月内不存在减持公司股份的情形。 二、增持计划的主要内容 1、本次拟增持股份的目的：基于对公司未来发展的信心和长期投资价值的 ...

Core Viewpoint - He Sheng New Materials plans to use a total of 1.104 billion yuan from its statutory surplus reserve and capital reserve to cover accumulated losses, aiming to prepare for future dividends [2][3][5]. Group 1: Financial Situation - As of December 31, 2024, He Sheng New Materials reported a negative retained earnings of approximately -1.102 billion yuan, primarily due to a full provision for overdue receivables in 2019 [3][4]. - The company experienced significant losses in 2019, with a net profit of -1.198 billion yuan and total revenue of 1.726 billion yuan, largely due to provisions for overdue receivables amounting to 1.208 billion yuan [3][4]. - Despite recovering profitability from 2020 to 2024, with net profits of 55.08 million yuan, 81.98 million yuan, 65.93 million yuan, 82.77 million yuan, and 97.91 million yuan respectively, the retained earnings remain negative [3][4]. Group 2: Dividend Qualification - The use of reserves to cover losses is a strategy to regain dividend eligibility, as the company has not distributed dividends for seven consecutive years since its last payout in 2018 [4][5]. - New regulations stipulate that companies with no cash dividends in the past three years or cumulative dividends below 30% of the average net profit cannot have major shareholders reduce their holdings [4][6]. Group 3: Regulatory Context - The recent changes in company law allow for the use of capital reserves to cover losses, which was previously restricted, thus enabling companies like He Sheng New Materials to address their negative retained earnings [6][7]. - Following the implementation of the new regulations, several other companies have also announced plans to use reserves to cover losses, indicating a trend in the market [7][8].

Profitability Improvement - The company reported significant profit growth in its 2025 mid-year report, with total revenue of 1.211 billion yuan, a year-on-year increase of 0.32% [1] - The net profit attributable to shareholders reached 97.03 million yuan, up 58.31% year-on-year, while the net profit excluding non-recurring items was 97.10 million yuan, an increase of 57.40% [1] - In the second quarter, despite a year-on-year decline in total revenue by 11.27%, the net profit attributable to shareholders and net profit excluding non-recurring items increased by 37.93% and 38.15% respectively [1] - The company's gross margin and net margin were 15.66% and 7.85%, reflecting year-on-year increases of 48.69% and 56.43% respectively, indicating significant progress in cost control and profitability [1] Cash Flow and Accounts Receivable - The operating cash flow per share was 0.27 yuan, a year-on-year decrease of 12.22% [2] - Accounts receivable amounted to 469 million yuan, representing a high ratio of 479.37% to net profit attributable to shareholders, indicating pressure in accounts receivable management [2] Asset and Liability Situation - The company's cash and cash equivalents were 494 million yuan, a year-on-year increase of 43.30%, indicating a healthy cash position [3] - The ratio of cash and cash equivalents to current liabilities was only 69.66%, suggesting a need for further attention to short-term debt repayment capacity [3] - Interest-bearing debt decreased by 26.31% year-on-year to 183 million yuan, reflecting positive debt management efforts [3] Main Business Analysis - The company's main business involves the research, production, and sales of exterior composite materials for home appliances, with revenue from this segment reaching 1.186 billion yuan, accounting for 97.87% of total revenue [4] - The gross margin for home appliance composite materials was 15.03%, while other business revenue was 24.04 million yuan with a gross margin of 40.43% [4] - The company's products are widely used by well-known domestic and international home appliance brands, indicating a high market share [4] Development Prospects - The growth rate of the Chinese home appliance market is gradually slowing, transitioning to a structural upgrade phase focused on product iteration [5] - As one of the larger manufacturers of exterior composite materials for home appliances in China, the company has established long-term stable partnerships with several well-known domestic and international brands [5] - The company plans to leverage national "dual carbon" strategies and "old-for-new" appliance policies to enhance R&D efforts, increase product added value, optimize resource allocation, and improve overall competitiveness in the industry [5]

本报记者 陈红 值得关注的是，在数字化转型浪潮下，2024年3月份，禾盛新材与上海超盘企业管理合伙企业共同设立 上海海曦技术有限公司（以下简称"海曦技术"），切入人工智能领域。该公司以国产化人工智能芯片为 基础，聚焦智算中心服务器、人工智能一体机、模型及云服务等业务，目前已拥有1项发明专利及13项 软件著作权。 不过，AI业务仍处于开拓初期，海曦技术目前的产品尚未形成销售收入。公告中也明确提示，该领域 面临市场需求不确定性与硬件技术更新快的双重风险：一方面，尽管人工智能一体机应用前景广阔，但 市场需求增长速度存在变数；另一方面，若不能紧跟技术迭代趋势，可能导致研发与市场推广出现偏 差。 尽管短期业绩表现亮眼，禾盛新材仍需应对多重经营压力。福州公孙策公关咨询有限公司合伙人詹军豪 对《证券日报》记者分析称，从行业层面看，家电市场增速放缓加剧了竞争，而原材料价格波动与汇率 波动则对成本控制形成持续挑战。其建议，公司可进一步优化供应链管理，通过长期协议锁定核心原材 料成本，并借助外汇对冲工具降低汇率波动影响。 从长期发展来看，禾盛新材还面临传统业务升级与新兴业务拓展的战略平衡难题。詹军豪进一步表示， 家电复合材料业务 ...

Core Insights - A total of 39 companies released their semi-annual reports for 2025 on August 8, with 27 reporting year-on-year profit growth and 12 reporting declines [1] - Among these, 29 companies saw an increase in operating revenue, while 10 experienced a decrease [1] - 22 companies reported simultaneous growth in both net profit and operating revenue, while 5 companies saw declines in both metrics [1] - Six companies achieved a profit growth rate exceeding 100%, with Rongzhi Rixin leading at a staggering 2063.42% [1] Company Performance Summary - **Rongzhi Rixin (688768)**: EPS of 0.1600, net profit of 14.24 million, net profit growth of 2063.42%, operating revenue of 256.33 million, operating revenue growth of 16.55% [1] - **Feiwo Technology (301232)**: EPS of 0.4200, net profit of 31.54 million, net profit growth of 164.56%, operating revenue of 116.53 million, operating revenue growth of 81.42% [1] - **Chaoqing San (300647)**: EPS of 0.0247, net profit of 11.31 million, net profit growth of 163.01%, operating revenue of 47.44 million, operating revenue growth of 18.47% [1] - **ZheShu Wenhua (600633)**: EPS of 0.3000, net profit of 377.38 million, net profit growth of 156.26%, operating revenue of 1.41 billion, operating revenue growth of 0.09% [1] - **Ganli Pharmaceutical (603087)**: EPS of 1.0200, net profit of 603.68 million, net profit growth of 101.96%, operating revenue of 2.07 billion, operating revenue growth of 57.18% [1] - **Aixu Co., Ltd. (600732)**: EPS of -0.1300, net profit of -237.56 million, net profit growth of 86.38%, operating revenue of 844.62 million, operating revenue growth of 63.63% [1] Additional Company Insights - **Huace Navigation (300627)**: EPS of 0.5946, net profit of 326.47 million, net profit growth of 29.94%, operating revenue of 1.83 billion, operating revenue growth of 23.54% [1] - **China Mobile (600941)**: EPS of 3.9000, net profit of 8.42 billion, net profit growth of 5.03%, operating revenue of 54.38 billion, operating revenue decline of 0.54% [2] - **Anjiasi (688581)**: EPS of 1.5562, net profit of 126.02 million, net profit growth of 1.26%, operating revenue of 30.24 million, operating revenue growth of 14.56% [2] - **Lijiang Co., Ltd. (002033)**: EPS of 0.1720, net profit of 94.50 million, net profit decline of 15.86%, operating revenue of 37.77 million, operating revenue decline of 1.85% [2]

Financial Performance - The company's total revenue for the first half of 2025 was 1.211 billion yuan, an increase of 3.83 million yuan compared to the same period last year, marking a 0.32% year-on-year growth [1] - The net profit attributable to shareholders was 97.0031 million yuan, up by 35.7305 million yuan from the same period last year, representing a 58.31% year-on-year increase [1] - The net cash inflow from operating activities was 68.0454 million yuan [1] Profitability and Efficiency - The latest asset-liability ratio is 52.39%, a decrease of 2.12 percentage points from the previous quarter and a decrease of 3.90 percentage points from the same period last year [3] - The latest gross profit margin is 15.66%, an increase of 5.13 percentage points compared to the same period last year [3] - The latest return on equity (ROE) is 10.76%, an increase of 2.77 percentage points year-on-year [3] - The diluted earnings per share (EPS) is 0.39 yuan, an increase of 0.14 yuan from the same period last year, achieving a 56.00% year-on-year growth [3] - The total asset turnover ratio is 0.66 times, and the inventory turnover ratio is 2.81 times, an increase of 0.17 times year-on-year, representing a 6.58% increase [3] Shareholder Structure - The number of shareholders is 14,400, with the top ten shareholders holding 132 million shares, accounting for 53.30% of the total share capital [3] - The largest shareholder is Shanghai Hongyuan Sheng New Energy Technology Partnership (Limited Partnership) with a holding ratio of 20.73% [3] - The second-largest shareholder is Zhao Dongming with a holding ratio of 19.74% [3]