证券代码：002595 证券简称：豪迈科技 公告编号：2025-016 山东豪迈机械科技股份有限公司 2024年年度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 通过深圳证券交易所交易系统进行网络投票的时间为2025年5月16日上午9:15—9:25、 9:30—11:30和下午13:00—15:00； 通过深圳证券交易所互联网投票系统投票的时间为2025年5月16日上午9:15至下午15:00期 间的任意时间。 本次股东大会出席现场会议的股东及委托代理人共37人，代表股份357,513,751股，占公司 有表决权股份总数的44.7699%。 （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203人，代表股份118,635,412股，占公司有表 1 1. 本次股东大会没有出现否决提案的情形。 2. 本次股东大会没有涉及变更以往股东大会已通过的决议。 1. 会议召开的时间： （1）现场会议时间：2025年5月16日（周五）下午14:30。 （2）网络投票时间：2025年5月16日。 2 ...

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 2024年年度股东大会的 法律意见书 德和衡证见意见（2025）第99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 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 2024年年度股东大会的 法律意见书 德和衡证见意见（2025）第99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 2024 年年度股东大会。本所 律师依据《中华人民共和国公司法》（以下简称"《公司法》"）《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性文件的规定，就本次股东大会的有关事宜出具本法律意见书。 本法律意见书仅就本次股东 ...

Core Viewpoint - The company, Haomai Technology, has shown strong financial performance in Q1 2025, with significant growth in revenue and net profit, indicating a robust business outlook and potential for further investment opportunities [19]. Group 1: Company Overview - Haomai Technology specializes in the production and sales of radial tire molds, large component casting, and precision machining, as well as machine tool equipment [19]. - The company reported a main revenue of 2.279 billion yuan in Q1 2025, a year-on-year increase of 29.06%, and a net profit of 520 million yuan, up 29.96% year-on-year [19]. Group 2: Business Segments - The tire mold business has seen continuous growth due to the company's competitive advantages, including ongoing R&D, advanced manufacturing technologies, and a strong focus on product quality [3]. - The machine tool business generated approximately 180 million yuan in revenue in Q1 2025, with a positive market performance and a busy production schedule [4]. Group 3: Future Prospects - The company anticipates a significant increase in the overall business value of its electric heating vulcanizing machine, with expectations for substantial market growth in the coming years [11]. - The high-end casting project, primarily focused on wind power components, is expected to gradually release production capacity starting in June 2025 [7]. Group 4: Market Position and Strategy - The company has established a comprehensive global production service system with subsidiaries in various countries, enhancing its international presence [13]. - The electric heating vulcanizing technology is gaining traction both domestically and internationally, indicating a promising development trajectory [11].

Group 1: Company Overview and Financial Performance - The company has a net asset exceeding 1.3 billion yuan and maintains sufficient cash flow, indicating financial stability [2] - In Q1 2025, the company's CNC machine tool products achieved approximately 180 million yuan in revenue, reflecting continuous growth in the machine tool business [3] - The company plans to optimize its investor return mechanism based on operational performance and shareholder demands [5] Group 2: Product Development and Market Position - The company emphasizes continuous innovation in mold manufacturing, utilizing advanced technologies such as laser engraving and 3D printing [3] - The tire mold business has seen consistent revenue growth due to self-research and rapid response to customer needs [3] - The electric heating vulcanization machine has significant advantages over traditional methods, with expectations for substantial market growth in 2025 [4] Group 3: Production Capacity and Future Outlook - The high-end casting project, with a capacity of 65,000 tons, is expected to begin production around June 2025, focusing on wind power components [4] - The global demand for gas turbines is anticipated to rise, with the company currently operating at full capacity [4] - The company has established a comprehensive global production service system with subsidiaries in various countries, including the USA, Thailand, and Hungary [5] Group 4: Market Strategy and Customer Engagement - The company actively engages in investor relations through online collective reception days and specific investor surveys [2] - The CNC machine tool products cater to various industries, including precision molds, automotive, and electronics, with a focus on customized services [5] - Currently, less than 10% of the company's direct exports are to the US market, indicating potential for growth in international sales [5]

证券代码：002595 证券简称：豪迈科技 公告编号：2025-015 山东豪迈机械科技股份有限公司 特此公告。 山东豪迈机械科技股份有限公司 董事会 二〇二五年五月十二日 关于参加2025年山东辖区上市公司投资者 网上集体接待日活动的公告 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。 为进一步加强与投资者的互动交流，山东豪迈机械科技股份有限公司（以下简称"公司"） 将参加由山东证监局、山东上市公司协会与深圳市全景网络有限公司联合举办的"2025年山东 辖区上市公司投资者网上集体接待日活动"，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站（http://rs.p5w.net）； 或关注微信公众号（名称：全景财经）；或下载全景路演APP,参与本次互动交流。活动时间为 2025年5月15日（周四）15:00-16:30。届时公司高管将在线就公司2024年度业绩、公司治理、发 展战略、经营状况、融资计划、股权激励和可持续发展等投资者关心的问题，与投资者进行沟 通与交流，欢迎广大投资者踊跃参与！ 1 ...

Investment Rating - The investment rating for the company is "Accumulate" [1] Core Views - The company reported Q1 2025 earnings that exceeded expectations, driven by strong performance in its three main business segments: tire molds, large components, and CNC machine tools [2][3] - The company is experiencing robust growth in revenue and profit, with Q1 2025 revenue reaching 2.279 billion yuan, a year-on-year increase of 29% [3] - The company is expected to continue its growth trajectory, with revised revenue and profit forecasts for 2025-2027 reflecting increases of 26%, 22%, and 18% respectively [6] Summary by Sections Revenue Performance - In Q1 2025, the company achieved operating revenue of 2.279 billion yuan, surpassing market expectations [3] - The tire mold segment is benefiting from strong domestic demand and increasing exports [5] - The large components segment is seeing sustained demand for gas turbine components, while the CNC machine tools segment continues to perform well [5] Profitability - The company's net profit attributable to shareholders for Q1 2025 was 520 million yuan, a year-on-year increase of 30% [4] - The sales net profit margin for Q1 2025 was 22.80%, reflecting a slight increase from the previous year [4] - The gross profit margin for Q1 2025 was 33.81%, slightly down from the previous year due to changes in product mix and rising personnel costs [4] Growth Drivers - The company is entering a new growth phase with its tire molds, large components, and CNC machine tools segments showing strong performance [5] - The establishment of a subsidiary focused on electric heating vulcanization machines is expected to significantly boost revenue in the long term [5] - The workforce has expanded significantly, with a total of 14,800 employees by the end of 2024, indicating a strong commitment to growth [3]

Investment Rating - The investment rating for the company is "Accumulate" [1] Core Views - The company reported Q1 2025 earnings that exceeded expectations, driven by strong performance in its three main business segments: tire molds, large components, and CNC machine tools [2][3] - The company is experiencing robust growth in revenue and profit, with Q1 2025 revenue reaching 2.279 billion yuan, a year-on-year increase of 29% [3] - The company is expected to continue its growth trajectory, with revised revenue and profit forecasts for 2025-2027 reflecting strong market demand and operational efficiency [6] Summary by Sections Revenue Performance - In Q1 2025, the company achieved operating revenue of 2.279 billion yuan, up 29% year-on-year, surpassing market expectations [3] - The tire mold segment is benefiting from strong domestic demand and increasing exports, while large components and CNC machine tools are also showing solid growth [3][5] Profitability - The company's net profit attributable to shareholders for Q1 2025 was 520 million yuan, a 30% increase year-on-year, again exceeding market expectations [4] - The sales net profit margin for Q1 2025 was 22.80%, reflecting a slight increase compared to the previous year [4] Business Growth Drivers - The tire mold business is seeing increased competitiveness among domestic tire manufacturers, leading to higher domestic and international demand [5] - The large components segment is benefiting from sustained demand for gas turbines and a recovery in wind power installations [5] - The CNC machine tool segment has entered a growth phase following its official external sales in 2022 [5] Financial Forecasts - Revenue forecasts for 2025-2027 have been raised to 11.083 billion, 13.507 billion, and 15.927 billion yuan, respectively, reflecting year-on-year growth rates of 26%, 22%, and 18% [6] - Net profit forecasts for the same period have also been adjusted upwards to 2.494 billion, 3.046 billion, and 3.620 billion yuan, with corresponding year-on-year growth rates of 24%, 22%, and 19% [6]

Investment Rating - The report maintains a "Buy" investment rating for the company [10] Core Views - The company has shown steady revenue and profit growth, driven by the synergy of its three main business segments: tire molds, gas turbines, and CNC machine tools [3][4] - The tire mold business achieved revenue of 46.51 billion yuan in 2024, a year-on-year increase of 22.73%, supported by technological advancements and capacity expansion [4] - The gas turbine business is benefiting from the global energy transition and increasing demand for electricity, with orders expected to exceed 50GW in 2024, marking a 15% increase [9] Summary by Sections Financial Performance - In 2024, the company reported revenue of 88.13 billion yuan, a 22.99% increase year-on-year, and a net profit of 20.11 billion yuan, up 24.77% [2][3] - For Q1 2025, revenue reached 22.79 billion yuan, reflecting a 29.06% year-on-year growth, with net profit at 5.20 billion yuan, a 29.96% increase [2][3] Business Segments - The tire mold segment is experiencing high growth due to its leading market position and full order books, with significant contributions from the new factories in Thailand and Mexico [4] - The electric heating vulcanizing machine has secured significant orders, indicating a shift from pilot projects to mass production, with recent contracts totaling 135 million yuan [5] - The gas turbine segment is positioned to capitalize on the increasing global electricity demand, with a forecasted market growth to over 100GW by 2029 [9] Profit Forecast - Revenue projections for 2025-2027 are 108.9 billion yuan, 131.2 billion yuan, and 156.1 billion yuan respectively, with corresponding EPS of 3.12 yuan, 3.80 yuan, and 4.64 yuan [10][12]

Investment Rating - The report maintains a "Buy" rating for the company [5] Core Views - The company continues to experience rapid growth, with Q1 2025 revenue increasing by 29.1% year-on-year, reaching 2.279 billion yuan, and net profit attributable to shareholders rising by 30.0% to 520 million yuan [2] - The gross margin slightly decreased to 33.8%, down 1.7 percentage points year-on-year, primarily due to an increase in domestic sales of tire molds and changes in accounting policies [3] - The company is effectively managing expenses, with a decrease in the expense ratio to 7.78%, down 2.19 percentage points year-on-year, indicating improved operational efficiency [3] Business Development - The tire mold business is expanding internationally, with the Thai factory completed and operational since October 2023, and the Mexican factory set to begin production in April 2024 [4] - The large component machinery segment is benefiting from a growing global gas turbine market and a recovering wind power industry, leading to a strong order backlog [4] - The CNC machine tool business is introducing new five-axis products and is set to open a machine tool laboratory in 2025 to enhance product testing and development [4] - The electric heating vulcanization machine has been successfully developed, with significant orders already secured, indicating potential for a new growth curve [4] Financial Forecasts - The report revises the net profit forecasts for 2025-2027 to 2.455 billion yuan (previously 2.335 billion), 2.989 billion yuan (previously 2.763 billion), and 3.546 billion yuan (previously 3.190 billion), respectively [5] - The current stock price corresponds to dynamic P/E ratios of 19, 15, and 13 for the years 2025, 2026, and 2027, respectively [5]

Investment Rating - The investment rating for the company is "Buy" (maintained) [2] Core Insights - The company reported a Q1 2025 revenue of 2.279 billion yuan, a year-over-year increase of 29.06%, and a net profit attributable to shareholders of 520 million yuan, up 30% year-over-year, exceeding market expectations [5][8] - The main business segments are experiencing rapid growth, particularly in tire molds and large components, with significant orders and production expansions planned [8] - The company has secured a large order for electric heating vulcanization machines, which are expected to drive future growth due to their efficiency advantages over traditional methods [8] - The company has raised its earnings forecast for 2025-2027, reflecting strong order backlog and market opportunities [8] Financial Data and Earnings Forecast - For Q1 2025, the company achieved a gross margin of 33.81%, with a net profit margin of 22.80% [5] - The projected total revenue for 2025 is 10.465 billion yuan, with a year-over-year growth rate of 18.7% [7] - The forecasted net profit for 2025 is 2.437 billion yuan, representing a year-over-year growth of 21.2% [7] - The company’s earnings per share (EPS) for 2025 is estimated at 3.05 yuan [7]