Group 1 - The company Guangdong Hongda (002683) is committed to closely monitoring the development progress of Hongda Satellite and will actively support its subsequent growth [1]

Group 1: Industry Performance - The chemical industry index increased by 37.80% in 2025, outperforming major indices like the Shanghai Composite and CSI 300 by 17.44 and 16.05 percentage points, respectively[12] - The revenue of the chemical industry reached 17,133 billion yuan in the first three quarters of 2025, a year-on-year increase of 2.61%[15] - The net profit for the same period was 1,098 billion yuan, reflecting a year-on-year growth of 9.36%[15] Group 2: Capital Expenditure and Policy Impact - Capital expenditure in the basic chemical sector was 1597.25 billion yuan in Q3 2025, down 8.07% year-on-year[15] - The "anti-involution" policy has led to a recovery in industry conditions, with the capacity utilization rate for polyester filament reaching 90.86%, a historically high level[44] - The government has implemented measures to regulate market competition, leading to a significant increase in industry concentration, with the top 10 companies in the civil explosives sector holding a market share of 62.5% in 2024[56] Group 3: Sector-Specific Developments - The demand for humanoid robots has driven the rise of the specialty plastics industry, with PEEK materials becoming a core beneficiary, valued at approximately 1,367 to 4,102 yuan per robot[7] - The civil explosives industry is benefiting from the dual drivers of western development and overseas expansion, with significant projects like the Yarlung Tsangpo River hydropower project stimulating demand[57] - The coal industry remains a critical component of the energy system, with coal production reaching a historical peak of 4.78 billion tons in 2024, directly boosting demand for civil explosive products[59]

证券代码：002683 证券简称：广东宏大 公告编号：2026-005 广东宏大控股集团股份有限公司 关于董事会延期换届选举的提示性公告 在新一届董事会换届选举完成前，公司第六届董事会全体董事及 高级管理人员将依照法律法规和《公司章程》的规定，继续履行董事 及高级管理人员勤勉尽责的义务和职责。 公司董事会延期换届不会影响公司的正常运营。公司将积极推进 董事会换届选举工作，并及时履行信息披露义务。 特此公告。 广东宏大控股集团股份有限公司董事会 2026 年 1 月 30 日 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、误导性陈述或重大遗漏。 广东宏大控股集团股份有限公司（以下简称"公司"）第六届董 事会任期将于 2026 年 2 月 6 日届满。鉴于公司董事会换届选举工作 尚在筹备中，为保持董事会工作的连续性和稳定性，公司董事会换届 选举工作将适当延期，公司董事会各专门委员会及高级管理人员的任 期亦将相应顺延。 ...

Summary of Guangdong Hongda Conference Call Company Overview - Guangdong Hongda is a local state-owned enterprise under the Guangdong Environmental Protection Group, operating with a state-controlled and private mechanism, enhancing its capabilities in military and trade markets [2][5] - The company’s business segments include civil explosives, mining services, and defense, with mining services being the core revenue source, projected to reach 10.8 billion yuan in 2024 [2][6] Key Business Insights - The defense equipment segment's gross margin is expected to improve due to new asset acquisitions, with significant growth anticipated from the expansion of smart ammunition military trade [2][3] - The HD-1 series supersonic cruise missile, with a flight speed of 2-3 Mach and a range of approximately 300 kilometers, is positioned competitively against India's BrahMos missile, offering advantages in weight and destructive power [2][7][8] - The company is optimistic about the future of short-range, medium-range, and supersonic tactical weapons, expecting increased demand and revenue growth from expanding international customer contracts [3][9][10] Financial Performance - In 2024, the mining services segment is expected to generate 10.8 billion yuan, while civil explosives are projected to bring in around 2 billion yuan, and military revenue is only a few billion yuan [6] - The gross margin for mining services is approximately 10%, while civil explosives have a similar but volatile margin. The defense segment's margin has fluctuated but is expected to rise with new acquisitions and smart ammunition sales [6] Strategic Developments - The company has integrated quality assets through acquisitions, aiming to establish the defense segment as a second growth curve [3][4] - Jiangsu Hongguang, a key player in the military business, specializes in black powder explosives with a net profit margin of at least 40%, and is expanding capacity to meet growing global demand for military explosives [11][12] Satellite Project - The Hongda Satellite project aims to establish a satellite constellation for commercial remote sensing and electromagnetic monitoring, with plans to launch 30 satellites within three years [13][14] - The project is compared to the US's EagleCam 360, with potential for additional valuation through experience accumulation in the commercial aerospace sector [15] Acquisition Impact - The acquisition of Dalian Changzhilin, a company specializing in aerospace component processing, is expected to significantly enhance the defense segment's revenue and profit, with projected revenues of over 700 million yuan and profits of 200 million yuan in 2024 [4][16] Future Outlook - The company is optimistic about the future of its defense and satellite businesses, with plans for further acquisitions to enhance its asset portfolio and business development [17][18]

Group 1 - The core point of the article is that Guangdong Hongda (002683) reported a total of 23,370 registered shareholders as of January 20, 2026 [1]

证券日报网讯1月28日，广东宏大（002683）在互动平台回答投资者提问时表示，公司"悟空爆破大模 型"系基于通用大模型架构，汇集爆破和采矿领域期刊、视频、图片以及海量专业报告等亿级数据，具 备面向爆破行业场景可靠认知能力，涵盖炸药能量、炮孔设计、破碎能耗、安全管理等子模型，在专业 知识问答、爆破方案自动生成、安全保障等特定领域任务有着良好的处理能力。公司在内部矿山施工场 景对其不断进行训练和功能模型优化。"悟空爆破大模型"加速推动公司矿山智能化，进一步提升矿山施 工本质安全生产水平。 ...

证券日报网讯1月28日，广东宏大（002683）在互动平台回答投资者提问时表示，长之琳聚焦航空装备 领域，专业从事航空零部件研发、制造的高新技术企业，军工配套业务资质齐全，主要产品包括紧固类 产品、隔热类产品、管路连接件及导管类产品、发动机零组件及单元体类产品等，广泛配套于中航工 业、中国航发、中国商飞等客户。 ...

Group 1 - Guangdong Hongda announced that its major shareholder Zheng Mingchai and his action-in-concert party, Xiamen Xinxiangjing Trading Development Co., Ltd., pledged approximately 6.46 million shares to Agricultural Bank of China for funding needs [1] - Zheng Mingchai and Xiamen Xinxiangjing collectively hold about 40.2 million shares, representing 5.29% of the total share capital of the company [1] - After the share pledge, Zheng Mingchai and Xiamen Xinxiangjing have a total of approximately 24.14 million shares pledged, which accounts for 3.18% of the company's total share capital [1] Group 2 - The industry is witnessing a significant shift towards semi-solid battery technology, with expectations for multiple new vehicle models to adopt this technology in the current year [1] - Major manufacturers are preparing for advancements in power battery technology, indicating a year of iteration and innovation in the sector [1]

证券日报网讯 1月28日，广东宏大发布公告称，公司于今日收到公司合计持股5%以上股东郑明钗先生 的一致行动人厦门鑫祥景贸易发展有限公司（简称"鑫祥景"）发来的《关于质押部分广东宏大股份的告 知函》，获悉鑫祥景因资金需求，于2026年1月27日将其所持有的公司6，465，000股股权与中国农业银 行股份有限公司广州白云支行办理了股权质押登记。 （文章来源：证券日报） ...

证券代码：002683 证券简称：广东宏大 公告编号：2026-004 广东宏大控股集团股份有限公司 关于公司股东质押部分股份的公告 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、误导性陈述或重大遗漏。 四、备查文件 广东宏大控股集团股份有限公司（以下简称"公司"）于今日收 到公司合计持股 5%以上股东郑明钗先生的一致行动人厦门鑫祥景贸 易发展有限公司（以下简称"鑫祥景"）发来的《关于质押部分广东 宏大股份的告知函》，获悉鑫祥景因资金需求，于 2026 年 1 月 27 日 将其所持有的公司 6,465,000 股股权与中国农业银行股份有限公司 广州白云支行办理了股权质押登记。具体情况如下： 注：截至本公告日，鑫祥景直接持有公司 6,465,419 股，为公司合计 持股 5%以上股东郑明钗先生的一致行动人。郑明钗先生与鑫祥景合 计持有公司 40,197,137 股，占公司总股本的 5.29%。上述"占其所持 | | | | | | | | 已质押股份 | | 未质押股份 | | | --- | --- | --- | --- | --- | --- | --- | --- | -- ...