证券代码：002595 证券简称：豪迈科技 公告编号： 山东豪迈机械科技股份有限公司 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或者重大遗漏。 特别提示： 根据《中华人民共和国公司法》 （以下简称《公司法》）、 本次分配方案未以总股本为基数，实施存在差异化安排，按公司总股本（含回购专户已回 购股份）折算的每 10 股现金红利 =现金分红总额÷总股本（含回购专户已回购股份） ×10=319,423,520÷800,000,000×10=3.992794 元。公司 2024 年年度权益分派实施完成后，根据 上述比例计算的除权除息参考价=除权除息日前一日收盘价－每股现金红利=除权除息日前一 日收盘价－0.3992794 元/股。 山东豪迈机械科技股份有限公司 2024 年年度权益分配方案已获 2025 年 5 月 16 日召开的 一、股东大会审议通过分配方案等情况 股扣除回购专用证券账户持有的公司股份 1,441,200 股后的股本，即 798,558,800 股为基数，向 全体股东每 10 股派发现金红利 4.00 元（含税），不送红股，不以公积金转增股本。 本次利润分配 ...

证券代码：002595 证券简称：豪迈科技 公告编号：2025-017 山东豪迈机械科技股份有限公司 2024年年度权益分派实施公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或者重大遗漏。 特别提示： 根据《中华人民共和国公司法》（以下简称《公司法》）、《深圳证券交易所上市公司自律监 管指引第 9 号—回购股份》（以下简称《监管指引第 9 号》）等相关规定，山东豪迈机械科技股 份有限公司（以下简称"公司"）通过回购专用证券账户（以下简称"回购专户"）持有的公司股 份不享有参与本次权益分派的权利，公司以现有总股本 800,000,000 股扣除回购专用证券账户 持有的公司股份 1,441,200 股后的股本，即 798,558,800 股为基数，向全体股东每 10 股派发现 金红利 4.00 元（含税），不送红股，不以公积金转增股本。公司本次拟派发现金红利 319,423,520.00 元（含税）。 本次分配方案未以总股本为基数，实施存在差异化安排，按公司总股本（含回购专户已回 购股份）折算的每 10 股现金红利=现金分红总额÷总股本（含回购专户已回购股份） ×10= ...

核心要点： 据Wind 数据，2025 年5 月我国金属切削机床产量约6.7 万台，同比增长6.3%，增速环比回落9.3pct；1-5 月累计产量约33.2 万台，同比增长13.3%，增速环比回落3.5pct。2025 年5 月，我国金属成形机床产量 约1.5 万台，同比增长7.1%，增速环比回升7.1pct；1-5 月累计产量约6.9 万台，同比增长11.3%，增速环 比下降0.9pct。此外，2025 年5 月，我国工业机器人产量约6.9 万台，同比增长35.5%，增速环比下降 16.0pct；1-5 月累计产量约28.7 万台，同比增长32.0%，增速环比回落2.1pct。虽然5 月我国金属切削机 床和工业机器人产量增长有所放缓，但5 月我国PMI 环比回升0.5pct，生产、新订单等分项指数均有不 同程度回升。此外，1-5 月我国制造业固定资产投资同比增长8.5%，保持较高增速；1-4 月制造业利润 总额累计增长8.6%，今年以来增速持续回升，显示制造业需求正逐渐复苏。未来，随制造业景气度逐 渐回升，我国机床、工业机器人产量有望保持增长。 据国家统计局，2025 年5 月我国制造业PMI 环比回升0. ...

Group 1 - The core index of the CSI 500 Machinery Manufacturing Index is reported at 6318.26 points, showing a high opening and upward trend [1] - The CSI 500 Machinery Manufacturing Index has decreased by 0.04% in the past month, 4.51% in the past three months, and 0.90% year-to-date [2] - The index is designed to reflect the overall performance of different industry companies within the CSI 500 index, categorized into 11 primary industries, 35 secondary industries, and over 90 tertiary industries [2] Group 2 - The top ten weighted companies in the CSI 500 Machinery Manufacturing Index include Jianghuai Automobile (14.96%), Zhongkong Technology (6.94%), and Haomai Technology (6.21%) [2] - The market share of the CSI 500 Machinery Manufacturing Index holdings is 71.88% from the Shanghai Stock Exchange and 28.12% from the Shenzhen Stock Exchange [2] - The index holdings are entirely composed of the industrial sector, with a 100.00% allocation [2] Group 3 - The index sample is adjusted biannually, with adjustments occurring on the next trading day after the second Friday of June and December [3] - Weight factors are generally fixed until the next scheduled adjustment, with temporary adjustments made in response to changes in the CSI 500 index samples [3] - Special events affecting sample companies may lead to adjustments in the industry classification within the CSI 500 industry index [3]

机床业务持续推出新品，实验室即将落地。2024年，公司新推出卧式五轴车铣复合加工 中心、卧式车铣复合加工中心、五轴叶片加工中心等产品，面向复杂零件的高精高效加工、 凝聚多工序为一体的复合加工场景，机床客户群体正稳步增长。为保障项目持续稳建的发 展，支撑高端机床装备研制与稳定量产，促进高端机床装备功能、性能迭代提升，公司于 2024年投资建设机床实验室，开展技术攻关、新产品测试、应用与验证等工作，预计2025年 下半年开始投入使用。 盈利预测与估值：公司2025-2027年营收分别为103.86、117.67、130.76亿元，同比增速 分别为17.85%、13.29%、11.13%；归母净利润分别为23.56、27.00、30.38亿元，同比增速分 别为17.13%、14.61%、12.50%。公司2025-2027年业绩对应PE估值分别为20.83、18.17、 16.15，首次覆盖，给予"增持"评级。 风险提示：轮胎客户资本开支不及预期风险；新业务开拓不及预期风险；市场竞争加剧 风险。（中邮证券 刘卓,陈基赟） 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。 中邮证 ...

证券研究报告：机械设备|公司点评报告 股票投资评级 增持 |首次覆盖 个股表现 2024-06 2024-08 2024-10 2025-01 2025-03 2025-05 -16% -7% 2% 11% 20% 29% 38% 47% 56% 65% 豪迈科技 机械设备 资料来源：聚源，中邮证券研究所 公司基本情况 | 最新收盘价（元） | 61.34 | | --- | --- | | 总股本/流通股本（亿股）8.00 | / 7.94 | | 总市值/流通市值（亿元）491 | / 487 | | 52 周内最高/最低价 | 63.42 / 34.51 | | 资产负债率(%) | 15.3% | | 市盈率 | 24.24 | | 第一大股东 | 张恭运 | 研究所 分析师:刘卓 SAC 登记编号:S1340522110001 Email:liuzhuo@cnpsec.com 分析师:陈基赟 SAC 登记编号:S1340524070003 Email:chenjiyun@cnpsec.com 豪迈科技(002595) 业绩快速增长，机床、硫化机成长空间较大 l 事件描述 公司发布 2024 年年度报 ...

Investment Rating - The report assigns an "Accumulate" rating for the company, marking its first coverage [1]. Core Insights - The company has demonstrated rapid growth, with 2024 revenue reaching 8.813 billion yuan, a year-on-year increase of 22.99%, and a net profit attributable to shareholders of 2.011 billion yuan, up 24.77% [4][10]. - The company operates three main business segments, all contributing to its growth: molds, large component machinery products, and CNC machine tools, with respective revenue growth rates of 22.73%, 20.31%, and 29.30% [5]. - The company is expanding its global production capacity, with new factories in Thailand and Mexico, and has introduced energy-efficient electric heating vulcanizing machines, which have begun to see initial market applications [6]. Company Overview - The latest closing price of the company's stock is 61.34 yuan, with a total market capitalization of 49.1 billion yuan [3]. - The company has a debt-to-asset ratio of 15.3% and a price-to-earnings ratio of 24.24 [3]. Financial Performance - In Q1 2025, the company reported revenue of 2.279 billion yuan, a 29.06% increase year-on-year, and a net profit of 520 million yuan, up 29.96% [4]. - The company forecasts revenues of 10.386 billion yuan, 11.767 billion yuan, and 13.076 billion yuan for 2025, 2026, and 2027, respectively, with corresponding net profits of 2.356 billion yuan, 2.700 billion yuan, and 3.038 billion yuan [10][12]. Future Projections - The company is expected to maintain a steady growth trajectory, with projected revenue growth rates of 17.85%, 13.29%, and 11.13% for the years 2025 to 2027 [10]. - The introduction of new products in the machine tool segment and the establishment of a machine tool laboratory are anticipated to support ongoing innovation and market expansion [7].

Group 1: Business Overview - The company has a systematic pricing mechanism for tire mold products, considering specifications, processing difficulty, and order cycles, with profit margins varying by product type and complexity [2] - The company has established subsidiaries in multiple countries, including the USA, Thailand, Hungary, India, Brazil, Vietnam, Mexico, and Cambodia, forming a comprehensive global production service system [2] - The company offers a range of CNC machine tools, including direct drive turntables and vertical five-axis machining centers, with applications in precision molds, automotive, and electronics [2][3] Group 2: Financial Performance and Projections - The company's CNC machine tool revenue recognition varies by quarter due to order cycles and inventory levels, impacting the timing and amount of revenue recognized [3] - The company anticipates that the expansion and upgrades in tire mold business will increase demand for CNC machines, affecting production capacity [3] - The company expects steady growth in revenue from wind power and gas turbine components in 2024, with gas turbines accounting for approximately 30% and wind power for about 60% of large component machinery products [5][6] Group 3: Product Development and Market Trends - The electric heating vulcanization machine has gained recognition for its energy-saving and environmental benefits, leading to larger orders after initial trials [4] - The company is investing in a machine tool laboratory, expected to be operational by September 2024, to enhance its high-end machine tool offerings [3] - The market for wind power components is recovering in 2024 compared to the second half of 2023, while gas turbine demand remains strong [5][6] Group 4: Workforce and Corporate Governance - As of December 31, 2024, the company has a total of 14,804 employees, with significant increases in the tire mold and large component machinery sectors [6] - The company plans to optimize its investor return mechanism based on operational performance and shareholder expectations [6]

Group 1 - The explosion occurred at Youdao Chemical Co., Ltd. in Gaomi City, Shandong Province, resulting in 5 deaths, 6 missing persons, and 19 injuries as of 19:25 on the same day [1] - The emergency response was initiated by the Shandong provincial government, establishing a joint rescue command to manage search and rescue operations, medical treatment for the injured, and environmental monitoring [1] - Youdao Chemical is a subsidiary of Haomai Group, which reported a production value of 20.2 billion yuan in 2024 [1][4] Group 2 - Haomai Group is a leading enterprise in Gaomi City, involved in various public welfare projects including healthcare, education, and energy services [2] - The company has diversified investments in equipment manufacturing, including tire molds, mechanical processing, and oil and gas equipment [3] - Zhang Gengyun, the actual controller of Haomai Group, holds 30.21% of Haomai Technology, which has shown strong financial performance with revenues of 6.642 billion yuan in 2022 and projected growth in 2025 [3][4]

Core Viewpoint - The explosion at a subsidiary of Haomai Technology's controlling shareholder has led to a significant drop in the company's stock price, raising concerns about safety and potential impacts on the chemical industry [2][3]. Company Summary - Haomai Technology's stock fell by 3.56% to close at 63.88 yuan, with a trading volume of 367 million yuan, a substantial increase from the previous day's 198 million yuan [2]. - The explosion occurred at Youdao Chemical Co., Ltd., a subsidiary of Haomai Group, which focuses on the development and production of pesticides and pharmaceutical intermediates [2]. - Youdao Chemical has an annual production capacity of 11,000 tons for a key pesticide ingredient, making it the largest producer globally [2]. Market Impact - Year-to-date, Haomai Technology's stock has increased by 19.86%, reaching a one-year high just before the incident [3]. - As of the end of Q1, Haomai Technology was among the top ten holdings in 71 funds, with a total of 61.08 million shares valued at 3.615 billion yuan [3]. - The incident has triggered a surge in the pesticide sector, with several stocks experiencing significant gains, indicating a potential shift in market dynamics [5]. Fund Holdings - The top ten funds holding Haomai Technology shares include various mixed funds, with the largest holding being 2.2169 million shares valued at approximately 1.3119 billion yuan [4]. - Four ETFs also hold shares in Haomai Technology, with the largest being Guotai Zhongzheng Machine Tool ETF, which reduced its holdings from 522,600 to 476,500 shares [5].