11月4日，鸿合科技盘中上涨2.26%，截至09:39，报27.65元/股，成交4049.71万元，换手率0.75%，总市 值65.43亿元。 资金流向方面，主力资金净流出96.52万元，特大单买入277.39万元，占比6.85%，卖出128.33万元，占 比3.17%；大单买入658.67万元，占比16.26%，卖出904.25万元，占比22.33%。 鸿合科技今年以来股价涨24.26%，近5个交易日跌0.68%，近20日跌4.19%，近60日涨10.47%。 资料显示，鸿合科技股份有限公司位于北京市朝阳区北辰东路8号院北辰时代大厦9层，成立日期2010年 5月28日，上市日期2019年5月23日，公司主营业务涉及智能交互显示产品及智能视听解决方案的设计、 研发、生产与销售。主营业务收入构成为：IWB产品73.68%，其他智能交互产品18.91%，智能视听解 决方案7.42%。 鸿合科技所属申万行业为：电子-光学光电子-面板。所属概念板块包括：体育产业、华为鸿蒙、在线教 育、手势识别、大数据等。 截至10月20日，鸿合科技股东户数1.64万，较上期减少0.19%；人均流通股11934股，较上期增加 0.19 ...

"这不仅是简单的控制权转移，更是产业资本与地方国资协同赋能上市公司的重要实践。"一位资深投行 人士分析称，"在当前市场环境下，这种以产业整合为目的的收购案例，为上市公司转型升级提供了新 路径。" 鸿合科技作为国内智能交互显示领域的领先企业，其产品与解决方案广泛应用于教育场景。专家预测， 此次并购交易完成后，公司将在智能座舱、车载显示等新兴应用领域进行产品拓展与市场布局，有望为 鸿合科技带来丰富的产业资源和区域政策支持，打开更具潜力的成长通道。 值得关注的是，本次交易的承接主体瑞丞鸿图背后，集结了强大的安徽国资力量。据披露，瑞丞鸿图的 LP包括安徽省新能源汽车和智能网联汽车产业基金、安徽省新型基础设施建设基金、芜湖产业投资基 金等投资机构。 市场人士认为，此次鸿合科技控制权变更呈现出鲜明的产业整合特征。一方面，收购方合肥瑞丞背靠奇 瑞集团，在智能制造、汽车电子等领域具有深厚产业基础；另一方面，安徽国资体系的深度参与，体现 了地方通过资本运作培育战略性新兴产业的明确意图。 中证报中证网讯（王珞）10月31日晚间，鸿合科技（002955）披露控制权拟发生变更的进展公告以及简 式和详式权益变动报告书（修订稿），本次权 ...

可以预见的是，在CVC投资与产业整合的双重驱动下，鸿合科技凭借其"高现金、低负债、强技术"的卓 越禀赋，正站在战略转型的重要关口。结合权益变动报告书中"不排除未来12个月内推动资产整合"的表 述，鸿合的未来值得期待。 从交易价值来看，瑞丞鸿图入主后，不仅带来资本支持，更关键的是为公司切入车载显示、智能座舱等 新兴赛道打开了广阔的想象空间。尽管交易尚未完全落地，但产业协同的蓝图已清晰可见。 从业务协同角度看，鸿合科技在教育交互显示领域深耕二十余年，公司在显示面板、触控交互、系统集 成等方面的核心能力，有望直接对接奇瑞在智能座舱中控屏、HUD抬头显示、智能表面交互等领域的 创新需求。特别是在车规级显示产品认证周期长、供应链整合难度大的背景下，鸿合成熟的技术体系与 规模化制造经验，将成为其快速融入奇瑞供应链的关键支撑。 车载显示赛道的增长潜力，为鸿合科技的发展提供了广阔的想象空间。根据Omdia数据，2024年全球汽 车显示屏面板出货量已达2.32亿片，保持稳定增长。随着智能座舱渗透率提升，单车显示屏数量正从传 统的1–2块向5块甚至更多迈进，意味着年需求数亿片的巨大市场正在打开。 除车载显示主业外，鸿合科技还可依 ...

Core Insights - Honghe Technology Co., Ltd. is undergoing a significant change in control, with Anhui Ruicheng Hongtu Equity Investment Fund Partnership acquiring 25% of the company's shares, making it the controlling shareholder [1][2] - The transaction, initiated in June, involves a transfer of shares from original shareholders for approximately 1.575 billion yuan [1] - The acquisition is backed by strong Anhui state-owned assets, indicating a strategic move to foster emerging industries through capital operations [2] Company Overview - Honghe Technology is a leading player in the domestic smart interactive display sector, with products widely used in educational settings [2] - The acquisition is expected to enable Honghe Technology to expand into new applications such as smart cockpits and in-car displays, leveraging additional industrial resources and regional policy support [2] Industry Context - The control change reflects a trend of industrial integration, where capital operations are used to enhance the capabilities of listed companies [2] - The involvement of local state-owned enterprises in the acquisition highlights a clear intention to cultivate strategic emerging industries within the region [2]

Core Viewpoint - Honghe Technology is a leading enterprise in the domestic smart interactive display products and solutions sector, with a strong customer base and technological advantages in the education industry [1] Group 1: Business Performance - In Q3 2025, Honghe Technology achieved a revenue of 2.457 billion yuan, ranking 15th in the industry, while the industry leader BOE Technology reached 154.548 billion yuan [2] - The net profit for the same period was 77.1197 million yuan, also ranking 15th, with the industry leader BOE Technology at 4.405 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, Honghe Technology's debt-to-asset ratio was 28.54%, lower than the industry average of 45.77% [3] - The gross profit margin for Q3 2025 was 25.97%, higher than the industry average of 14.89% [3] Group 3: Executive Compensation - The chairman, Sun Xiaoqiang, received a salary of 1.1565 million yuan in 2024, an increase of 169,400 yuan from 2023 [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 2.91% to 16,500, while the average number of shares held per shareholder increased by 3.00% to 11,900 [5] - Honghe Technology is recognized as a leader in the integrated production and sales of educational tablets, with a narrowing revenue decline and good expense control [5]

Core Viewpoint - Honghe Technology announced a significant equity transfer involving Zhang Shujian, who transferred 5,953,623 shares, representing 2.52% of the total share capital, to Ruicheng Hongtu, resulting in a reduction of his holding from 10.06% to 7.55% [1] Group 1 - Zhang Shujian has relinquished voting rights associated with the remaining 17,860,872 shares, which also accounts for 7.55% of the total share capital [1] - Following this equity change, Ruicheng Hongtu will directly hold 25.00% of the company's shares, thereby gaining control and becoming the largest shareholder [1] - The purpose of this equity change is to introduce a strategic investor with industry resources and investment management advantages, aiming to optimize the company's asset structure and enhance governance and overall competitiveness [1] Group 2 - Zhang Shujian has committed not to seek control of the company and has no plans for further increases or decreases in shareholding over the next 12 months [1] - The transferred shares are free from any pledges, freezes, or other rights restrictions, and the transaction is subject to fund filing, compliance confirmation from the Shenzhen Stock Exchange, and share transfer registration [1]

Core Viewpoint - Wang Jing, the information disclosure obligor of Honghe Technology, has reduced his shareholding in the company through an agreement transfer, leading to a change in control of the company [1] Group 1: Shareholding Changes - Wang Jing transferred a total of 6.5507 million shares, accounting for 2.77% of the company's total share capital [1] - After the transfer, Wang Jing holds 19.6520 million shares, with his shareholding percentage decreasing from 11.07% to 8.30% [1] - The transfer price was set at 26.6227 yuan per share, resulting in a total transaction amount of 1.575 billion yuan [1] Group 2: Control Changes - Following the share transfer, Ruicheng Hongtu acquired a portion of the shares, increasing its holdings to 25.00%, thus becoming the controlling shareholder of the company [1] - Wang Jing has committed not to seek control of the company and has no plans for further increases or decreases in shareholding over the next 12 months [1]

Core Viewpoint - Honghe Technology announced a significant equity transfer agreement involving Hefei Ruicheng Private Fund Management Co., Ltd. acquiring 25.00% of the company's shares, leading to a change in the actual controller of the company [1] Group 1: Equity Transfer Details - Hefei Ruicheng Private Fund Management Co., Ltd. signed a share transfer agreement to acquire a total of 59.16 million shares from shareholders including Xing Zheng, Wang Jing, and Zhang Shujing, representing 25.00% of the total shares of the company [1] - Zhang Shujing has also signed a voting rights waiver agreement, relinquishing voting rights associated with an additional 17.86 million shares, which accounts for 7.55% of the company's total shares [1] Group 2: Change in Control - Following the completion of this equity transfer, Hefei Ruicheng will hold 25.00% of the shares and corresponding voting rights, resulting in a change of the actual controller from Xing Xiuqing and Xing Zheng to no actual controller [1]

证券代码：002955 证券简称：鸿合科技 公告编号：2025-064 鸿合科技股份有限公司 关于实际控制人及其一致行动人、5%以上股东签署 《股份转让协议之补充协议》与《表决权放弃协议》 暨公司控制权拟发生变更的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 特别提示： 本次权益变动完成后，瑞丞基金将取得公司 59,159,978 股股份及对应表决权 （占公司股份总数的 25.00%），结合《股份转让协议》中的相关安排及 XING XIUQING、鸿达成、邢正、王京和张树江出具的《关于不谋求上市公司控制权 的承诺函》，合肥瑞丞将成为公司的间接控股股东，公司实际控制人由 XING XIUQING、邢正变更为无实际控制人。 具 体 内 容 详 见 公 司 于 2025 年 6 月 11 日 刊 登 在 巨 潮 资 讯 网 （www.cninfo.com.cn）、《证券时报》、《中国证券报》、《上海证券报》和《证券日 报》上的《关于实际控制人及其一致行动人、5%以上股东签署<股份转让协议> 与<表决权放弃协议>暨公司控制权拟发生变更的公告》（公告编号：2 ...

鸿合科技股份有限公司 简式权益变动报告书（修订稿） 上市公司名称：鸿合科技股份有限公司 股票上市地点：深圳证券交易所 股票简称：鸿合科技 股票代码：002955 信息披露义务人一：鸿达成有限公司 住所：香港九龙湾常悦道9号企业广场第一期三座1009室 通讯地址：香港九龙湾常悦道9号企业广场第一期三座1009室 信息披露义务人二：邢正 住所：北京市******** 通讯地址：北京市朝阳区北辰东路8号院北辰时代大厦9层 一致行动人：XING XIUQING 住所：香港******** 通讯地址：香港九龙湾常悦道9号企业广场第一期三座1009室 权益变动性质：减少（协议转让） 签署日期：二〇二五年十月 信息披露义务人声明 本部分所述词语或简称与本报告书"释义"所述词语或简称具有相同含义。 二、本报告书已全面披露信息披露义务人在鸿合科技股份有限公司拥有权 益的股份变动情况。截至本报告书签署日，除本报告书披露的信息外，信息披 露义务人没有通过其他任何方式增加或减少其在鸿合科技股份有限公司拥有权 益的股份。 三、信息披露义务人签署本报告书已获得必要的授权和批准，其履行亦不 违反信息披露义务人章程或内部规则中的任何条款，或 ...