技术比肩欧洲先进水平 作为家具装备智能生产线领域的领军企业，弘亚数控近年来在技术突破、市场拓展及产业链布局方面动 作频频。日前，弘亚数控董事长李茂洪在接受上海证券报记者专访时表示，公司持续聚焦主业，以核心 零部件国产化为抓手，筑牢供应链安全屏障。同时，公司将借助机器人技术的应用，拓展增长边界，在 全球市场竞争中进一步提升品牌话语权。 在机器人产业蓬勃发展的背景下，弘亚数控积极拥抱行业变革，通过技术融合与产业链延伸，在机器人 应用及核心零部件制造领域开拓了新的成长空间。 李茂洪介绍，公司已明确在产业链中的定位——家具智能产线制造与核心功能部件自主研发制造商。在 解决行业痛点方面，弘亚数控的控股企业星石机器人公司自主研发制造了轨道机器人、搬运机器人和上 下料机器人，深度融入家居智能生产线。 自成立以来，弘亚数控始终专注于家具装备智能生产线的研发与制造，产品广泛应用于定制家具、办公 家具、木门等加工制造领域。 "公司的核心竞争力体现在技术、盈利与规模的多重优势叠加。"谈及弘亚数控的竞争力，李茂洪称，从 技术层面来看，公司产品的技术水准已接近欧洲先进水平，尤其在单机精度和稳定性等关键指标上，已 拥有与国际品牌同台竞技 ...

（文章来源：证券日报） 证券日报网讯弘亚数控9月8日在互动平台回答投资者提问时表示，公司始终重视股东回报，持续开展现 金分红与投资者共享经营成果，自上市以来募集资金约9.37亿元，累计分红金额15.22亿元，2025年半年 度预计分红1.27亿元，分红率约52.51%。公司根据阶段性发展的实际情况制定分红政策，在保持利润分 配政策持续性和稳定性的同时兼顾公司的长远利益、全体股东的整体利益及公司的可持续发展。 ...

Core Insights - Hongya CNC has developed several specialized robots for furniture manufacturing, including four-axis and two-axis robots [1] - The Starstone Robot division has launched various intelligent manufacturing solutions, such as intelligent material warehouses and labeling robots, which are now in use at multiple furniture production lines [1] Company Developments - The company has introduced specialized robots aimed at enhancing efficiency in the furniture manufacturing sector [1] - The deployment of these robots in actual production lines indicates a shift towards automation in the industry [1] Industry Trends - The integration of intelligent manufacturing solutions in furniture production reflects a broader trend towards automation and efficiency in manufacturing processes [1] - The use of advanced robotics in furniture manufacturing may lead to increased productivity and reduced labor costs [1]

Group 1 - The company established Guangdong Hongma CNC Technology Co., Ltd. in August 2025 to absorb core technologies in solid wood furniture processing [1] - This move aims to further expand the company's presence in the solid wood machinery sector [1] - The establishment signifies the company's ongoing efforts to enhance its product series in the five-axis machining center field and deepen its strategic layout in solid wood CNC equipment [1]

Core Insights - 弘亚数控 (002833.SZ) reported its 2025 semi-annual results, revealing that as of August 27, 2025, a total of 9 institutional investors held shares amounting to 48.55 million shares, representing 11.44% of the total share capital [1] - The institutional holding percentage decreased by 1.06 percentage points compared to the previous quarter [1] Institutional Investors - The institutional investors include various funds such as the Basic Pension Insurance Fund, Hong Kong Central Clearing Limited, and several private equity funds [1] - The total institutional holding percentage is now at 11.44%, down from the previous quarter [1] Public Funds - Two public funds increased their holdings this period, namely Tianhong Yongli Bond A and Ping An Research Smart Mixed A, with an increase ratio of 0.19% [2] - Two new public funds disclosed this quarter include Dongfang Alpha Industry Pioneer Mixed A and Dongfang Alpha Xingke One-Year Holding Mixed A [2] - Seven public funds were not disclosed this quarter, including Guotai Core Value Two-Year Holding Stock A and others [2] Social Security Funds - One social security fund, specifically the Guangfa Fund Management Co., Ltd. - Social Security Fund 420 Combination, reduced its holdings by 0.70% compared to the previous quarter [2] Foreign Investment - One foreign fund, Hong Kong Central Clearing Limited, also reduced its holdings by 0.45% compared to the previous quarter [2]

Group 1: Company Performance Overview - In H1 2025, the company achieved a revenue of CNY 1.235 billion, with a net profit attributable to shareholders of CNY 242 million, and a net profit excluding non-recurring gains of CNY 204 million [3] - Domestic revenue was CNY 810 million, while international revenue reached CNY 425 million, reflecting a year-on-year growth of 6.12% [3] - The overall gross margin was 31.98%, an increase of 0.38% year-on-year [4] Group 2: Financial Metrics - Sales expenses increased by 28%, with a sales expense ratio of 2.14% [3] - Management expenses decreased by 4.69%, with a management expense ratio of 4.58% [3] - R&D expenses grew by 14.30%, with a R&D expense ratio of 5.37% [3] - Financial expenses surged by 134.19%, with a financial expense ratio of 0.20% [3] Group 3: Market Strategy and Innovation - The company focused on technological innovation, launching new products like the robotic flexible sawing center and integrated wall cabinets, enhancing production efficiency and sustainability [2] - Expansion in overseas markets was emphasized, with an increase in the number of international distributors, particularly in Europe and Eurasia [2] - Participation in major industry exhibitions, such as LIGNA 2025, helped boost brand recognition and visibility [2] Group 4: Challenges and Responses - Despite a 17.22% decline in revenue, the gross margin increased due to changes in sales structure, product strategy adjustments, and effective cost control [5] - The domestic market faced challenges due to the real estate sector and overall economic conditions, impacting demand for new equipment [5] - The company adopted proactive sales policies to maintain market share and production capacity utilization [5] Group 5: Future Outlook and Investments - The company plans to enhance its product offerings with more intelligent solutions and expand into key markets like Southeast Asia and the Middle East [6] - The establishment of the Dehong Heavy Industry project in Foshan aims to create a comprehensive industrial cluster for high-end manufacturing and technology integration [9][10] - Future investments will focus on deepening the integration of industrial robots and enhancing the self-sufficiency of core components [12][13]

2025 年8 月27 日，公司发布2025 年中报，25H1 公司实现营业收入12.35 亿元，同比-17.22%，归母净利 润2.42 亿元，同比-19.58%，扣非归母净利润2.04 亿元，同比-29.29%；其中25Q2 实现营业收入5.81 亿 元，同比-27.50%，归母净利润1.10 亿元，同比-31.07%，扣非归母净利润0.97 亿元，同比-38.13%。 持续推动家具机械自动化升级，市场份额有望进一步提升。公司子公司星石机器人自主研发应用在家具 制造过程中的上下料、搬运、码垛专用机器人，为家具制造各工序衔接提供性价比更好的机器人解决方 案，该解决方案将人力密集型工序转化为高效智能化流程。公司有望在推动下游自动化升级的同时，提 升市场份额。 子公司丹齿精工卡位机器人、低空经济。公司子公司丹齿精工（持股72%）深耕高精度齿轮、减速器及 精密传动总成的研发与制造，其中伺服电机齿轮轴和螺旋锥齿轮服务于机器人关节和精密传动系统，高 强度轻量化齿轮及减速机构应用于飞行器动力传动，精准卡位机器人和低空经济。 盈利预测、估值与评级 我们预计25-27 年公司营收为25.36/28.29/32.07 亿元、 ...

Investment Rating - The report maintains a "Buy" rating for the company [5] Core Views - The company reported a revenue of 1.235 billion yuan for H1 2025, a year-on-year decrease of 17.22%, with a net profit attributable to the parent company of 242 million yuan, down 19.58% year-on-year [2] - Domestic revenue for H1 2025 was 810 million yuan, reflecting a decline of 25.79% year-on-year, primarily due to weak downstream demand [3] - The company achieved overseas revenue of 425 million yuan in H1 2025, an increase of 6.12% year-on-year, indicating robust growth in international markets [3] Summary by Sections Performance Review - In H1 2025, the company achieved total revenue of 1.235 billion yuan, down 17.22% year-on-year, and a net profit of 242 million yuan, down 19.58% year-on-year [2] - Q2 2025 saw revenue of 581 million yuan, a decrease of 27.50% year-on-year, with a net profit of 110 million yuan, down 31.07% year-on-year [2] Operational Analysis - Domestic revenue faced pressure, with a reported 810 million yuan in H1 2025, down 25.79% year-on-year, attributed to weak demand [3] - The domestic gross margin for H1 2025 was 27.80%, a decline of 2.08 percentage points year-on-year [3] - The company is optimistic about overseas growth, with a gross margin of 39.93% in H1 2025, an increase of 3.67 percentage points year-on-year [3] Future Outlook - Revenue projections for 2025 to 2027 are estimated at 2.536 billion yuan, 2.829 billion yuan, and 3.207 billion yuan respectively, with net profits expected to be 484 million yuan, 561 million yuan, and 663 million yuan [5] - The company is focusing on automation upgrades in furniture manufacturing, which is expected to enhance market share [4]

（记者 王晓波） 每经AI快讯，弘亚数控8月28日发布公告称，公司第五届第十一次董事会会议于2025年8月27日在公司 会议室以现场与通讯表决相结合的方式召开。会议审议了《关于〈2025年半年度报告〉及摘要的议案》 等文件。 每经头条（nbdtoutiao）——世界首例基因编辑猪肺成功移植人体 对话主要参与者：距离临床应用还有 多远？ ...

| | | | | 年 2025 半年度 | 年半 2025 年度往来 | 2025 年半 | 2025 年半 | 2025 年半 | | 往来性质 （经营性往 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 其他关联资金 | 资金往来方名称 | 往来方与上市公 | 上市公司核算 | 期初往 | 累计发生 | 年度往来 | 年度偿还 | 年度期末 | 往来形成 | | | 往来 | | 司的关联关系 | 的会计科目 | | | 资金的利 | 累计发生 | 往来资金 | 原因 | 来、 非经营性 | | | | | | 来资金 | 金额（不 | | | | | | | | | | | | | 息(如有) | 金额 | 余额 | | 往来） | | | | | | 余额 | 含利息） | | | | | | | | 广州丹齿精密机械有限公司 | 子公司 | 应收账款 | | 0.03 | | 0.01 | 0.02 | 货款等 | 经营性往来 | | | 广东德迈智能装备有限公司 | 子公司 | 应收账款 | - | ...