Group 1: Financial Market Overview - The A-share market experienced a general adjustment with all major indices declining, with the STAR 50 index showing the largest drop of 2.13% [2] - As of November 18, the margin trading balance in the two markets was 24,948.32 billion yuan, a decrease of 25.67 billion yuan from the previous week [2] - The average daily number of investors participating in margin trading decreased by 3.91% to 437,462 [2] Group 2: Industry Insights - Machinery and Equipment - In October, the production of industrial robots in China increased by 17.90% year-on-year, with a monthly output of 57,900 units, and the cumulative output for the first ten months reached approximately 602,700 units, a year-on-year increase of 28.80% [8] - The construction machinery sector is expected to maintain growth due to favorable downstream demand driven by infrastructure projects and a reduction in tariff disturbances [7][8] - The mechanical equipment industry is rated as "optimistic," with a focus on domestic brands gaining market share [5][8] Group 3: Pharmaceutical and Biological Industry Performance - In Q3 2025, the pharmaceutical and biological industry saw a recovery in revenue and net profit, with a notable increase in gross and net profit margins [9] - The chemical pharmaceutical sector reported a revenue of 1237.44 billion yuan, with a net profit of 114.64 billion yuan, reflecting a significant improvement in profitability [9][10] - The medical device sector showed signs of recovery, with Q3 revenue reaching 604.49 billion yuan, although net profit decreased by 5.1% year-on-year [11]

Summary of Haomai Technology Conference Call Company Overview - Haomai Technology started with tire molds and has expanded into large mechanical components, castings, and CNC machine tools through platform and integration strategies, achieving diversified growth. The company holds a leading position in the global tire mold market, with clients including Michelin and others [2][5][11]. Financial Performance - From 2007 to 2024, Haomai's revenue and profit have maintained a compound annual growth rate (CAGR) of approximately 20%-21%. The financial performance has shown steady growth, with revenue expected to reach between 3.5 billion to 4 billion RMB in 2023 [2][8]. - The CNC machine tool business's revenue share has significantly increased in the first half of 2025, while overseas revenue share remains stable [2]. - The company has not seen a decline in net profit except in 2012 and 2017, attributed to economic pressures and raw material price fluctuations [8]. Market Position - Haomai ranks among the top ten companies in the mechanical industry, with a market capitalization of 50 billion RMB, significantly higher than the median of 4 billion RMB for over 600 listed companies in the sector [3]. - The tire mold market demand is stable, with Haomai holding over 30% market share, outperforming competitors with a revenue scale far exceeding that of rivals [2][18]. Business Segments - The large casting business benefits from the high demand in the gas turbine and wind power markets, with major clients including GE and Mitsubishi, leading to a gross margin recovery to around 25% [2][20]. - The five-axis machine tool business, which has evolved from the electric discharge machine tool, is expected to contribute significantly to revenue, with current income nearing 1 billion RMB [21]. Strategic Initiatives - Haomai's management has shown confidence in the company's future by not selling shares since its IPO in 2011 and even increasing their holdings in late 2023 and early 2025 [9]. - The company has expanded its global market presence, increasing the number of overseas subsidiaries to 12 [15]. Future Outlook - The company is projected to achieve net profits of 2.45 billion RMB, 2.8 billion RMB, and 3.1 billion RMB for 2025, 2026, and 2027, respectively, maintaining a strong buy rating [10][26]. - Haomai aims to become a trillion RMB market cap company, leveraging its platform and integrated management to expand growth boundaries [10]. Competitive Advantages - Haomai's core competencies lie in its platform and integration strategies, allowing it to expand into multiple related fields while ensuring cost control and production efficiency [6][24]. - The company emphasizes employee welfare and has implemented employee stock ownership plans, reflecting a strong corporate culture and commitment to shared growth [15]. Industry Dynamics - The tire mold market is closely tied to tire production, with replacement demand becoming a significant driver. The global tire mold market is estimated to be over 10 billion RMB, with domestic brands increasing overseas production capacity [16][17]. - The large casting business is expected to continue benefiting from high demand in the gas turbine and wind power sectors, with a positive outlook for growth in these areas [19][20]. Conclusion - Haomai Technology demonstrates strong financial health, a solid market position, and a clear growth strategy, making it a compelling investment opportunity in the mechanical industry [2][10][26].

Market Overview - The specialized equipment sector increased by 0.96% on November 6, with Haomai Technology leading the gains [1] - The Shanghai Composite Index closed at 4007.76, up 0.97%, while the Shenzhen Component Index closed at 13452.42, up 1.73% [1] Top Gainers in Specialized Equipment Sector - Mengmai Technology (002595) closed at 70.27, up 6.26% with a trading volume of 90,100 shares [1] - Baisheng Intelligent (301083) closed at 19.42, up 5.37% with a trading volume of 117,200 shares [1] - Zhongjian Technology (002779) closed at 124.66, up 5.33% with a trading volume of 41,900 shares [1] - Aisikai (300521) closed at 28.19, up 5.07% with a trading volume of 44,500 shares [1] - ST Heke (002816) closed at 24.15, up 5.00% with a trading volume of 37,700 shares [1] Top Losers in Specialized Equipment Sector - Standard Shares (600302) closed at 10.99, down 9.99% with a trading volume of 561,400 shares [2] - Huning Shares (300669) closed at 34.33, down 6.66% with a trading volume of 64,000 shares [2] - Weima Agricultural Machinery (301533) closed at 39.32, down 4.89% with a trading volume of 54,100 shares [2] - Tailin Biology (300813) closed at 29.69, down 3.95% with a trading volume of 37,400 shares [2] Capital Flow Analysis - The specialized equipment sector experienced a net outflow of 610 million yuan from institutional investors, while retail investors saw a net inflow of 526 million yuan [2][3] - The top net inflows from retail investors included ST Taizhong (690169) with 69.41 million yuan and Guoji General (600444) with 55.48 million yuan [3] - The top net outflows from institutional investors included ST Taizhong (690169) with 77.58 million yuan and Guoji General (600444) with 56.31 million yuan [3]

Core Viewpoint - Haomai Technology's stock price has shown a significant increase of 33.22% year-to-date, despite a recent decline of 3.69% over the last five trading days, indicating volatility in the market [1][2]. Financial Performance - For the period from January to September 2025, Haomai Technology achieved a revenue of 8.076 billion yuan, representing a year-on-year growth of 26.88% [2]. - The net profit attributable to shareholders for the same period was 1.788 billion yuan, reflecting a year-on-year increase of 26.21% [2]. Shareholder Information - As of September 30, 2025, the number of shareholders for Haomai Technology reached 18,100, an increase of 9.88% compared to the previous period [2]. - The average number of circulating shares per shareholder was 43,850, which decreased by 8.99% from the previous period [2]. Dividend Distribution - Since its A-share listing, Haomai Technology has distributed a total of 3.976 billion yuan in dividends, with 1.417 billion yuan distributed over the last three years [3]. Major Shareholders - As of September 30, 2025, Hong Kong Central Clearing Limited was the fifth-largest circulating shareholder, holding 28.5043 million shares, an increase of 2.1456 million shares from the previous period [3]. - Dachen Gaoxin Stock A (000628) ranked as the sixth-largest circulating shareholder, holding 20.2601 million shares, a decrease of 1.875 million shares from the previous period [3].

Group 1 - The company held its second extraordinary general meeting of shareholders on October 30, 2025, with a total of 209 shareholders participating, representing 444,171,361 shares, or 55.6216% of the total voting shares [2][8][10] - All proposals presented at the meeting were approved, including the employee stock ownership plan and its management measures, with approval rates exceeding 95% for most proposals [10][12][14][16] - The meeting was conducted in compliance with relevant laws and regulations, and the voting results were deemed legal and valid by the attending lawyers [28][29] Group 2 - The company announced the resignation of non-independent director and CFO Liu Haitao, who will continue to serve as CFO [33] - Liu Haitao was elected as the employee representative director by the employee representative assembly, ensuring compliance with legal requirements regarding board composition [34][37] Group 3 - The company provided a loan of 200 million RMB to a construction investment company, with a repayment plan that includes five installments [39] - As of the announcement date, the company has received 5 million RMB of the loan principal back, with no overdue payments reported [40][41]

Core Viewpoint - The article discusses the recent performance and growth trajectory of Haomai Technology, highlighting its significant revenue and profit increases in the third quarter of 2025, driven by key business segments. Financial Performance - In the first three quarters of 2025, Haomai Technology achieved total revenue of 8.076 billion, representing a year-on-year growth of 26.88%, with a net profit attributable to shareholders of 1.788 billion, up 26.21% year-on-year [6] - For the third quarter alone, the company reported revenue of 2.811 billion, a 26.21% increase year-on-year, and a net profit of 592 million, reflecting a 29.49% growth [6][9] Business Segments - The company’s key business segments, including automotive tire molds, large gas turbine components, and CNC machine tools, all experienced over 20% growth in 2024 [12] - Notably, the CNC machine tool segment saw a remarkable year-on-year increase of 145.08%, with revenue rising from 146 million in 2022 to 506 million in the first half of 2025 [12][13] Market Reaction - Following the release of the third-quarter report, Haomai Technology's stock surged to its limit up, indicating strong market confidence, with a closing price of 63.87, up 10.01% [3][4]

证券代码：002595 证券简称：豪迈科技 公告编号：2025-043 二、选举职工代表董事情况 山东豪迈机械科技股份有限公司 关于公司非独立董事辞职暨选举职工代表董事的公告 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。 一、董事辞职情况 山东豪迈机械科技股份有限公司（以下简称"公司"）董事会近日收到非独立董事兼财务 总监刘海涛先生的书面辞职报告。因公司治理结构调整，刘海涛先生申请辞去公司非独立董事 职务。辞去上述职务后，刘海涛先生仍继续担任公司财务总监职务。 刘海涛先生的辞职不会导致公司董事会成员人数低于《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1号-主板上市公司规范运作》《公 司章程》等有关规定的最低人数，不会影响董事会正常运行和公司的经营管理，其辞职报告自 提交董事会之日起生效。 截至本公告日，刘海涛先生持有公司股份30,128股，辞职后，所持股份将严格按照相关规 定进行管理，刘海涛先生不存在应当履行而未履行的股份锁定承诺事项。 公司及董事会对刘海涛先生在任职期间为公司发展所做出的贡献表示衷心感谢！ 根 ...

证券代码：002595 证券简称：豪迈科技 公告编号：2025-042 关于委托贷款的进展公告 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。 一、委托贷款基本情况 山东豪迈机械科技股份有限公司 截至本公告披露日，公司提供财务资助总余额为4.45亿元，占公司最近一期（2024年）经 审计净资产的比例约为4.50%；公司及其控股子公司对合并报表外单位提供财务资助总余额为 4.45亿元，占公司最近一期（2024年）经审计净资产的比例约为4.50%。 特此公告。 山东豪迈机械科技股份有限公司 董事会 二〇二五年十月三十日 1 2025年9月24日，山东豪迈机械科技股份有限公司（以下简称"公司"） 第六届董事会第十 七次会议和第六届监事会第十七次会议分别审议通过《关于对外提供委托贷款的议案》，公司 利用暂时闲置的自有资金，通过委托银行向高密市禹顺建设投资有限公司提供2.00亿元人民币 的委托贷款，到期日为2026年9月15日。本次委托贷款的还款计划为：分五次还款，前四次每 次归还本金500万元，到期日归还剩余本金18,000万元。详情请见2025年9月25日刊登于《 ...

证券代码：002595 证券简称：豪迈科技 公告编号：2025-041 山东豪迈机械科技股份有限公司 2025年第二次临时股东大会决议的公告 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： 一、会议召开和出席情况 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为2025年10月30 日9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交易所互联网投票系统投票的具体时间 为2025年10月30日9:15至15:00的任意时间。 2. 会议地点：山东省高密市密水科技工业园豪迈路2069号，办公楼三楼会议室。 本次股东大会出席现场会议的股东及委托代理人共5人，代表股份355,131,399股，占公司 有表决权股份总数的44.4715%。 （2）网络投票股东参与情况 通过网络投票参加本次股东大会的股东共计204人，代表股份89,039,962股，占公司有表决 权股份总数的11.1501%。 合计参加本次股东大会的股东人数为209人，代表股份444,171,361股，占公司有表决权股 1 1. 本次股东大会没有 ...

北 京 德 和 衡 律 师 事 务 所 B E I J I N G D H H L A W F I R M 北京德和衡律师事务所 关于山东豪迈机械科技股份有限公司 2025年第二次临时股东大会的 法律意见书 德和衡证见意见（2025）第206号 中国·北京市朝阳区建国门外大街 2 号银泰中心 C 座 11、12 层 电话： (+86 10) 8540 7666 邮编：100022 www.deheheng.com 北京德和衡律师事务所 关于山东豪迈机械科技股份有限公司 2025年第二次临时股东大会的 法律意见书 德和衡证见意见（2025）第206号 致：山东豪迈机械科技股份有限公司 北京德和衡律师事务所（以下简称"本所"）接受山东豪迈机械科技股份有限公司（以下 简称"公司"或"贵公司"）的委托，指派本所律师出席贵公司 2025 年第二次临时股东大会。 本所律师依据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国证 券法》（以下简称"《证券法》"）、《上市公司股东会规则》（以下简称"《股东会规则》"）、 《山东豪迈机械科技股份有限公司章程》（以下简称"《公司章程》"）及相关法律法规以及 规范 ...