杭氧集团股份有限公司 简式权益变动报告书 上市公司名称：杭氧集团股份有限公司 股票上市地：深圳证券交易所 股票简称：杭氧股份 股票代码：002430 信息披露义务人：中国中信金融资产管理股份有限公司 住所：北京市西城区金融大街8号 通讯地址：北京市西城区金融大街8号 股份变动性质：增持 签署日期：二〇二五年十月二十八日 杭氧集团股份有限公司简式权益变动报告书 信息披露义务人声明 本部分所述词语或简称与本报告书"释义"所述词语或简称具有相同含义。 一、信息披露义务人依据《中华人民共和国证券法》（简称《证券法》）、 《上市公司收购管理办法》（简称《收购办法》）、《公开发行证券的公司信息 披露内容与格式准则第 15 号—权益变动报告书》（简称《准则 15 号》）及相关 的法律、法规编写本报告书。 二、信息披露义务人签署本报告书已获得必要的授权和批准，其履行亦不违 反信息披露义务人公司章程或内部规则中的任何条款，或与之相冲突。 三、依据《证券法》《收购办法》《准则 15 号》的规定，本报告书已全面 披露信息披露义务人在杭氧股份拥有权益的股份变动情况。 截至本报告书签署日，除本报告书披露的持股信息外，信息披露义务人没有 ...

Major Events - Shanghai Zhiyuan Hengyue Technology completed the tender offer for Shangwei New Materials, acquiring 58.6232% of the shares, with trading resuming on October 30, 2025 [4] - Peking University Pharmaceutical's chairman and president Xu Xiren has been detained for criminal investigation, but the company's control and operations remain normal [5] - China Unicom's chairman Chen Zhongyue resigned due to work adjustments, effective October 29, 2025 [6][7] - CITIC Financial Assets increased its stake in Hangyang Co., Ltd. to 5% through a block trade, reflecting confidence in the company's future [8] - Haoshi Electromechanical's subsidiary plans to invest 232 million yuan in a high-end equipment intelligent manufacturing project [9] - Zhejiang Xiantong's second shareholder Li Qifu plans to invest 130 million yuan in Qiteng Robotics to enhance production capacity [10] - Qianjiang Biochemical's subsidiary has completed a project for bio-pesticide production, with an annual capacity of 3,261 tons [11] - Dongni Electronics will face risk warnings and a one-day suspension due to an administrative penalty [12] - Jindao Technology signed a strategic cooperation agreement with Hangcha Group to develop robotic joint modules [14] Performance Overview - Kweichow Moutai reported Q3 net profit of 19.224 billion yuan, a 0.48% increase year-on-year, with total revenue of 39.064 billion yuan [15] - Huibai New Materials achieved a Q3 net profit of 27.1307 million yuan, a 3066.26% increase year-on-year, with revenue growth of 49.59% [16] - Zangzi Island reported a Q3 net loss of 42.5226 million yuan, with revenue down 19.92% [17] - OFILM reported a Q3 net profit of 40.8235 million yuan, a 411.91% increase year-on-year, with revenue growth of 21.15% [18] - China Rare Earth's Q3 net profit was 30.4752 million yuan, down 26.43% year-on-year, with revenue declining 22.4% [19] - Tianqi Lithium reported a Q3 net profit of 95.4855 million yuan, turning a profit after previous losses [20] - New Yisheng's Q3 net profit was 2.385 billion yuan, a 205.38% increase year-on-year, driven by AI-related sales growth [21] - Industrial Fulian's Q3 net profit increased by 49% year-on-year [22] - CICC's Q3 net profit grew by 130% year-on-year [23] - Tianpu Co., Ltd. reported a Q3 net profit increase of 33% [24] - BlueFocus reported a Q3 net profit of 99.2389 million yuan, a 265.47% increase year-on-year [25] - Ningshui Group's Q3 net profit was 21.7388 million yuan, a 347.57% increase year-on-year [26] - Shoukai Co. reported a Q3 net loss of 3.105 billion yuan [27] - Xiamen Xiangyu's Q3 net profit was 601 million yuan, a 443.17% increase year-on-year [29] - Huaneng Intelligent reported a Q3 net loss of 53.8408 million yuan, a significant decline [30] - Zhongjin Gold's Q3 net profit increased by 39.18% year-on-year [31] - Shandong Gold's Q3 net profit increased by 92% year-on-year [32] - Yahua Group's Q3 net profit was 198 million yuan, a 278.06% increase year-on-year [33] - Western Gold's Q3 net profit increased by 168% year-on-year [34] - Laobai Gan Liquor reported a 28% decline in net profit for the first three quarters [35] - Kaiying Network's Q3 net profit was 633 million yuan, a 34.51% increase year-on-year [36] - Tongchen Beijian reported a Q3 net profit of 171 million yuan, turning a profit from previous losses [37] - Nanshan Holdings' Q3 net profit increased by 203.51% year-on-year [38] - China Merchants Bank's Q3 net profit was 38.842 billion yuan, a 1.04% increase year-on-year [39] - Huahong Technology's Q3 net profit increased by 7111% year-on-year [40] - Fangda Special Steel's Q3 net profit increased by 1368.1% year-on-year [41] Shareholding Changes - WuXi AppTec's controlling shareholder plans to reduce its stake by up to 2% [43] - Hecai Technology's major shareholder Bosch China plans to reduce its stake by up to 3% [44] Major Contracts - China Electric Power Construction signed a contract worth 6.568 billion yuan for a hospital project in Peru [45] - Lanshi Heavy Industry signed a significant contract in the nuclear energy sector worth 581 million yuan [46] - Guoke Military Industry's subsidiary signed a major sales contract worth 466 million yuan [48]

Core Viewpoint - The announcement indicates that China CITIC Financial Asset Management Co., Ltd. has increased its stake in Hangyang Co., Ltd. through a block trade, reflecting confidence in the company's future prospects and value [1] Summary by Sections - **Shareholding Increase** China CITIC Financial Asset Management Co., Ltd. acquired an additional 13,968,400 shares of Hangyang Co., Ltd., representing 1.43% of the total share capital [1] - **Post-Transaction Holdings** After this transaction, China CITIC Financial Asset Management holds a total of 48,917,667 shares, which constitutes 5.00% of the company's total share capital [1]

杭氧股份：获中信金融资产举牌，持股比例达5%。 ...

格隆汇10月29日｜杭氧股份公告称，中信金融资产基于对杭氧股份发展前景的看好及其价值的认可，于 2025年10月28日以大宗交易方式增持公司股份1397万股，占公司总股本的1.43%。增持后，中信金融资 产持有公司股份4892万股，占公司总股本的5%。本次权益变动不会导致公司控股股东及实际控制人发 生变化。 ...

Core Viewpoint - The company reported a revenue of 11.428 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 10.39%, and a net profit attributable to shareholders of 757 million yuan, corresponding to an earnings per share of 0.26 yuan, up 12.14% year-on-year [1] Financial Performance - In Q3 2025, the company achieved a revenue of 4.101 billion yuan, which is a year-on-year increase of 13.12% and a quarter-on-quarter increase of 8.99% [1] - The net profit for Q3 2025 was 278 million yuan, reflecting a year-on-year growth of 16.79% and a quarter-on-quarter growth of 9.88% [1] - The gross margin for the first three quarters of 2025 was 20.6%, an increase of 0.2 percentage points year-on-year, attributed to effective cost reduction measures [1] - The company maintained good control over expenses, with a sales expense ratio of 1.2% (down 0.1 percentage points), a management expense ratio of 5.5% (down 0.2 percentage points), a research and development expense ratio of 2.6% (down 0.7 percentage points), and a financial expense ratio of 0.8% (unchanged) [1] Industry Trends - The pricing fundamentals for gas in Q3 are well-supported, with liquid oxygen prices showing a recovery trend, averaging 474 yuan/ton, up 15.7% year-on-year [2] - The company joined the Anhui Nuclear Fusion Industry Alliance in September, providing comprehensive solutions covering the entire industrial chain from gas extraction to storage, transportation, refrigeration, and recovery [2] - A green circular fuel cell-grade hydrogen comprehensive utilization project commenced in October, focusing on the production and sales of high-purity hydrogen and hydrogen for fuel cell vehicles [2] Profit Forecast and Valuation - The company maintains a net profit forecast of 1.13 billion yuan for 2025 and 1.33 billion yuan for 2026 [3] - The current stock price corresponds to a price-to-earnings ratio of 22.7 times for 2025 and 19.3 times for 2026 [3] - The company maintains an outperform rating with a target price of 30.00 yuan, which corresponds to a price-to-earnings ratio of 26.1 times for 2025 and 22.1 times for 2026, indicating a potential upside of 14.8% from the current stock price [3]

Core Viewpoint - Hangyang Co., Ltd. reported a strong performance in Q3 2025, with significant increases in revenue, net profit, and cash flow from operating activities compared to the same period last year [1][2]. Financial Performance - The company's total revenue reached 11.428 billion yuan, marking an increase of 1.076 billion yuan year-on-year, which is a 10.39% growth [1]. - The net profit attributable to shareholders was 757 million yuan, up by 81.9862 million yuan from the previous year, reflecting a 12.14% increase [1]. - Cash flow from operating activities amounted to 1.947 billion yuan, an increase of 1.136 billion yuan year-on-year, representing a substantial 140.03% growth [1]. Profitability Metrics - The latest gross profit margin stood at 20.64%, an increase of 0.24 percentage points compared to the same period last year [2]. - The return on equity (ROE) was 7.75%, up by 0.24 percentage points year-on-year [2]. - The diluted earnings per share (EPS) reached 0.77 yuan, an increase of 0.08 yuan, which is a 12.17% rise compared to the previous year [2]. Efficiency Ratios - The total asset turnover ratio was 0.46 times, reflecting a 3.78% increase year-on-year [2]. - The inventory turnover ratio improved to 3.88 times, up by 6.84% from the same period last year [2]. Shareholder Information - The number of shareholders was 29,600, with the top ten shareholders holding 672 million shares, accounting for 68.73% of the total share capital [2]. - The largest shareholder is Hangzhou Hangyang Holding Co., Ltd., holding 54.1% of the shares [2]. Leverage Metrics - The company's debt-to-asset ratio was 56.28%, a decrease of 1.35 percentage points compared to the previous year [3].

两融数据显示，该股最新融资余额为4.11亿元，近5日减少926.39万元，降幅为2.20%。（数据宝） 10月28日杭氧股份大宗交易一览 | 成交量 | 成交金 | 成交价 | 相对当日收盘 | | | | --- | --- | --- | --- | --- | --- | | （万 | 额（万 | 格 | 折溢价（%） | 买方营业部 | 卖方营业部 | | 股） | 元） | （元） | | | | | 1396.84 | 36401.65 | 26.06 | -0.31 | 中信建投证券股份有限公司北京 商务中心区机构专用证券营业部 | 中信证券股份有限公 司北京总部证券营业 | | | | | | | 部 | （文章来源：证券时报网） 杭氧股份10月28日大宗交易平台出现一笔成交，成交量1396.84万股，成交金额3.64亿元，大宗交易成交 价为26.06元，相对今日收盘价折价0.31%。该笔交易的买方营业部为中信建投证券股份有限公司北京商 务中心区机构专用证券营业部，卖方营业部为中信证券股份有限公司北京总部证券营业部。 证券时报·数据宝统计显示，杭氧股份今日收盘价为26.14元，上涨4.02%， ...

Core Viewpoint - Hangyang Co., Ltd. reported a revenue of 11.428 billion yuan for the first three quarters of 2025, reflecting a year-on-year growth of 10.39% [1] - The net profit attributable to shareholders reached 757 million yuan, marking a year-on-year increase of 12.14% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 728 million yuan, showing a year-on-year growth of 16.27% [1] Financial Performance - Revenue for the first three quarters: 11.428 billion yuan, up 10.39% year-on-year [1] - Net profit attributable to shareholders: 757 million yuan, up 12.14% year-on-year [1] - Net profit after deducting non-recurring gains: 728 million yuan, up 16.27% year-on-year [1]

Core Points - Hangyang Co., Ltd. announced the convening of the 28th and 30th meetings of the 8th Board of Directors on August 11 and September 24, 2025, respectively, to review proposals regarding amendments and the resignation and election of non-independent directors [2] - The proposals were approved at the second and third extraordinary general meetings of shareholders held on August 27 and October 10, 2025 [2] - The company has completed the registration of changes with the industrial and commercial administration and the filing of the Articles of Association as of the date of this announcement [2]