Investment Rating - The report initiates coverage with an "Accumulate" rating for the company [3][5]. Core Insights - The company is a leader in the smart measurement and testing industry, actively integrating "AI+" products across various sectors, including power, healthcare, and smart devices [1][3]. - The company achieved a revenue of 807 million yuan in 2024, representing a year-on-year growth of 20.55%, and a net profit of 138 million yuan, up 29.21% year-on-year [2]. - The company is focusing on product structure upgrades, which have positively impacted profitability, with gross and net profit margins improving to 46.25% and 17.14%, respectively [2]. Financial Performance - The company forecasts revenues of 1.12 billion yuan in 2025, 1.47 billion yuan in 2026, and 1.81 billion yuan in 2027, with corresponding net profits of 188 million yuan, 245 million yuan, and 307 million yuan [4][5]. - The projected growth rates for revenue and net profit are 38.88% and 36.17% for 2025, respectively [4]. - The company’s earnings per share are expected to be 1.00 yuan in 2025, increasing to 1.62 yuan by 2027 [4]. Product Development and Market Strategy - The company is actively developing AI-integrated products, such as the AI-7760 power quality analyzer and AI medical devices, which are expected to drive future growth [3]. - The establishment of a joint venture for AI glasses aims to enhance the company's strategic positioning in the smart device market [3].

Core Viewpoint - The announcement details the shareholding changes of Huashengchang (002980.SZ) due to the reduction of shares by major shareholders, which has implications for the company's stock performance and investor sentiment [1][2]. Shareholder Reduction Plans - Huashengchang disclosed a plan for shareholders Huaju (Taizhou) Enterprise Management Partnership and Huahang (Taizhou) Enterprise Management Consulting Partnership to collectively reduce their holdings by 2,695,188 shares, representing 1.99% of the total share capital [1]. - From June 16 to June 23, 2025, these shareholders reduced their holdings by 1,988,405 shares, accounting for 1.05% of the total share capital, leading to a decrease in their combined shareholding from 60.00% to 58.95% [2]. Financial Impact of Share Reductions - The reduction of 425,300 shares from June 9 to June 10, 2025, resulted in a cash inflow of 7,471,063 yuan [3]. - During the period from June 16 to June 23, 2025, the shareholders realized a total of 42,213,838.15 yuan from the sale of shares at an average price of 21.23 yuan [4]. - Over a 15-day period, the total shares reduced amounted to 2,413,705, generating a total cash inflow of 49,684,901.15 yuan [5]. Shareholding Structure - As of the latest announcement, the controlling shareholder and actual controller, Yuan Jianmin, holds interests in both Huaju and Huahang, establishing a concerted action relationship among them [2].

Core Viewpoint - The announcement details the reduction of shareholding by major shareholders of Shenzhen Huashengchang Technology Industrial Co., Ltd. through block trading and centralized bidding, which has triggered a change in equity that touches on the 1% integer multiple threshold [1][2]. Shareholding Changes - From June 9 to June 10, 2025, Huaju Enterprise and Huahang Enterprise reduced their holdings by 425,300 shares, representing 0.22% of the total share capital, bringing their combined holdings to 113,484,720 shares, or 60.00% [2]. - The total shareholding of the aforementioned entities decreased from 113,484,720 shares to 111,496,315 shares, resulting in a new holding percentage of 58.95% after a reduction of 1,988,405 shares, which is 1.05% of the total share capital [2][3]. Compliance and Legal Framework - The equity change is in accordance with the provisions of the "Management Measures for the Acquisition of Listed Companies" and has been disclosed as required by law [2][4]. - The reduction plan aligns with previously disclosed intentions and commitments, and the total number of shares to be reduced remains consistent with earlier announcements [5].

袁剑敏先生、华聚（泰州）企业管理合伙企业（有限合伙）、华航（泰州） 企业管理咨询合伙企业（有限合伙）保证向本公司提供的信息内容真实、准 确、完整，没有虚假记载、误导性陈述或重大遗漏。 证券代码：002980 证券简称：华盛昌 公告编号：2025-028 深圳市华盛昌科技实业股份有限公司 关于股东权益变动触及 1%整数倍的提示性公告 | 1．基本情况 | | | --- | --- | | 信息披露义务人 1 | 华聚（泰州）企业管理合伙企业（有限合伙） | | 住所 | 泰兴市黄桥经济开发区胜利东路兴业标房 A 幢 401 | | 室 | | | 信息披露义务人 2 | 华航（泰州）企业管理咨询合伙企业（有限合伙） | | 住所 | 泰兴市黄桥经济开发区胜利东路兴业标房 幢 A 401 | | 室 | | | 信息披露义务人 3 | 袁剑敏 | | 住所 | 深圳市福田区 | | 权益变动时间 | 2025 年 6 月 16 日至 2025 年 6 月 23 日 华聚企业、华航企业在 2025 年 6 月 16 日至 2025 | | 年 | 月 日期间通过大宗交易及集中竞价交易方 6 23 | | | 式减 ...

Group 1 - The company plans to establish a joint venture named Shenzhen Deep境 Intelligent Technology Co., Ltd. to accelerate its strategic layout in artificial intelligence glasses, focusing on building a new ecosystem for professional testing and measurement instruments [1][10] - The registered capital of the joint venture is set at 10 million yuan, with the company's wholly-owned subsidiary, Shenzhen Deep Sensing Technology Co., Ltd., contributing 7 million yuan for a 70% stake [1][8] - The transaction is classified as a related party transaction, as the actual controller and chairman of the company, Yuan Jianmin, is also an executive partner of the related parties involved in the investment [2][10] Group 2 - The joint venture aims to enhance operational efficiency and market competitiveness by establishing a long-term incentive mechanism that binds core teams to the company's development outcomes [10] - The investment structure includes contributions from related parties, with the company ensuring that the transaction is fair and does not harm the interests of minority shareholders [10][11] - The independent directors have approved the transaction, confirming that it aligns with the company's long-term interests and does not affect its independence or operational capabilities [11]

Core Viewpoint - The article highlights the resilience and innovative vitality of China's scientific instrument industry in the face of global challenges, showcasing significant growth in overseas revenue among domestic listed companies [2][6]. Group 1: Overview of Overseas Revenue - In 2024, the total overseas revenue of 43 domestic listed instrument companies reached 34.707 billion yuan, marking a new high [6][10]. - Over 60% of the companies reported revenue growth, with 21 companies achieving over 100 million yuan in overseas revenue [6][10]. - The top five companies by overseas revenue are Mindray Medical (16.434 billion yuan), Sunny Optical (9.602 billion yuan), Libang Instruments (1.098 billion yuan), BGI Genomics (913 million yuan), and Huashengchang (717 million yuan) [3][6]. Group 2: Performance Analysis - Among the 43 companies, 27 experienced stable or significant growth, with notable examples including Wanyi Technology, which saw a 447.23% increase in overseas revenue [7][12]. - Conversely, 14 companies faced revenue declines, such as Gaode Infrared, which reported a 50.76% drop [7][15]. - Mindray Medical's overseas revenue accounted for 44.75% of its total revenue, reflecting the effectiveness of its globalization strategy [10][17]. Group 3: Market Dynamics - The article indicates a shift in the market, with three companies achieving over 1 billion yuan in overseas revenue, while 18 companies fall within the 100 million to 1 billion yuan range [13]. - Companies with overseas revenue constituting over 10% of total revenue increased to 22, indicating a growing trend in international market engagement [17]. - Wanyi Technology's strategy of "product leadership, quality excellence, competitive pricing, and superior service" has led to substantial growth in overseas markets [13][17]. Group 4: Emerging Companies - New entrants like Titan Technology and Lihua Technology reported 100% growth in overseas revenue, reflecting successful market expansion strategies [14]. - Titan Technology leveraged partnerships with overseas distributors and acquisitions to enhance its competitive brand presence [14]. Group 5: Future Outlook - Despite external uncertainties, the overall trend indicates a robust commitment from Chinese companies to expand in international markets, suggesting a "fast forward" approach to globalization [17].

Group 1 - The core viewpoint of the news is that Huashengchang is strategically investing in the AI glasses sector through its subsidiary, Deep Sensing, to enhance its market competitiveness and develop a new ecosystem for testing and measurement instruments [1][2][3]. Group 2 - Huashengchang's subsidiary, Deep Sensing, is investing 7 million yuan to hold a 70% stake in a joint venture aimed at developing AI glasses, with a total registered capital of 10 million yuan [1]. - The AI glasses market is experiencing significant growth, with global wearable technology expected to reach $431.74 billion by 2034, driven by the implementation of AI features and advancements in SoC technology [2]. - Major tech companies like Meta, Baidu, Huawei, and Xiaomi are already active in the AI glasses market, with Meta reporting a 209% year-on-year increase in sales of its Ray-Ban Meta AI glasses [2]. - The focus of the new joint venture is to create a new ecosystem for professional testing and measurement instruments, leveraging AI glasses for industrial applications [3]. - The company plans to develop industrial-grade AI glasses for applications in industrial measurement, inspection, and maintenance, enhancing its product competitiveness [3]. - Huashengchang has a strong commitment to R&D, continuously investing in technology and product development to align with international trends and promote innovation [4].

证券代码：002980 证券简称：华盛昌 公告编号：2025-027 深圳市华盛昌科技实业股份有限公司 关于全资子公司与关联方共同投资设立合资公司 本次关联交易不构成《上市公司重大资产重组管理办法》规定的重大资产重 组，不构成重组上市，无需经过有关部门批准。 二、关联方的基本情况 （一）深圳市华眸企业管理合伙企业（有限合伙） 暨关联交易的公告 本公司及公司全体董事会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。 一、关联交易的基本情况 为加速推进深圳市华盛昌科技实业股份有限公司（以下简称"公司"）在人 工智能眼镜的战略布局，重点构建新一代专业领域测试测量仪器仪表应用新生态。 通过建立核心团队与企业发展成果深度绑定的长效激励机制，充分激发骨干员工 积极性，实现风险共担、利益共享，公司全资子公司深圳深度感测技术有限公司 （以下简称"深度感测"）拟与深圳市华眸企业管理合伙企业（有限合伙）（以 下简称"华眸企业"）、深圳市华境企业管理合伙企业（有限合伙）（以下简称 "华境企业"）共同投资设立深圳市深境智能技术有限公司（暂定名，最终名称 以工商注册为准），合资公司注册资本1,000万元。 ...

一、董事会会议召开情况 深圳市华盛昌科技实业股份有限公司（以下简称"公司"）第三届董事会2025 年第三次会议通知于2025年6月17日以邮件等方式发出，经全体董事确认，一致 同意豁免会议通知时间要求。会议于2025年6月17日10:00以通讯方式召开。会议 应出席董事8人，实际出席董事8人，均以通讯表决方式出席会议，会议由董事长 袁剑敏先生主持，公司部分高级管理人员列席了会议。本次会议的召开，符合《中 华人民共和国公司法》、《中华人民共和国证券法》的相关规定。 二、董事会会议审议情况 经与会董事充分讨论与表决，通过了以下议案： 1、审议通过了《关于全资子公司与关联方共同投资设立合资公司暨关联交 易的议案》 证券代码：002980 证券简称：华盛昌 公告编号：2025-026 深圳市华盛昌科技实业股份有限公司 第三届董事会 2025 年第三次会议决议公告 本公司及公司全体董事会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。 公司实际控制人、董事长、总经理袁剑敏先生为华眸企业、华境企业执行事 务合伙人，公司董事、副总经理胡建云先生为华眸企业合伙人。关联董事袁剑敏 先生、胡建云先生 ...

智通财经6月18日电，华盛昌(002980.SZ)公告称，公司全资子公司深圳深度感测技术有限公司拟与深圳 市华眸企业管理合伙企业、深圳市华境企业管理合伙企业共同投资设立深圳市深境智能技术有限公司， 合资公司注册资本1000万元。其中，深度感测以自有资金出资700万元，持股比例为70%。深度感测本 次与关联方共同投资设立公司，旨在加速推进公司在人工智能眼镜的战略布局，重点构建新一代专业领 域测试测量仪器仪表应用新生态。 华盛昌：全资子公司拟投资设立合资公司 加速推进AI眼镜战略布局 ...