Group 1 - The report emphasizes the growth potential driven by AI and the reversal of the anti-involution cycle in the manufacturing sector [1] - Key companies highlighted include Yokogawa Electric, Zhejiang Rongtai, Shanghai Yanpu, Taotao Vehicle, Sany Heavy Industry, Zoomlion, XCMG, and others [2][3] - The core investment strategy focuses on sectors such as machinery, lithium battery equipment, and intelligent robotics, with a positive outlook for 2026 [4][6] Group 2 - The machinery sector is expected to see a strong start in 2026, with continued focus on technological growth in areas like embodied intelligence and commercial aerospace [4] - The report notes that the lithium battery equipment sector has crossed a turning point, with demand driven by energy storage and overseas power batteries, projecting a compound annual growth rate (CAGR) of 19% from 2024 to 2027 [6][10] - The report predicts significant profit growth for key companies, with expected net profits for 2025, 2026, and 2027 being 0.13 billion, 0.84 billion, and 1.90 billion respectively, indicating a CAGR of approximately 290% [11][17]

Core Insights - The report emphasizes a positive outlook for the mechanical industry in 2026, driven by structural transformation and a rebound in external demand [3][4] - The report introduces a "risk排雷" manual to proactively identify potential market misjudgments and challenges within various sectors [3][4] Industry Overview - The mechanical industry is expected to experience a cyclical reversal, with growth in engineering machinery, industrial gases, shipbuilding, photovoltaic equipment, and lithium battery equipment [6][8] - Key assumptions include continued government support for emerging technology industries and a stable macroeconomic recovery [11][16] Engineering Machinery - The engineering machinery sector is witnessing a cyclical upturn, with increased overseas market share and a gradual domestic renewal cycle [17] - Key growth drivers include global market expansion, improved domestic demand due to favorable macro policies, and a stabilizing domestic infrastructure and real estate market [17] Shipbuilding - The shipbuilding industry is on an upward trend, with demand supported by a variety of vessel types and improving profitability for shipyards [19] - The sector is expected to benefit from supply constraints driving up ship prices and a focus on high-end, large-scale, dual-fuel vessels [20] Export Chain - The export chain is optimistic about demand recovery, particularly in the U.S. market, with a focus on strategic exports and emerging markets [22] - Key assumptions include a favorable trade environment and ongoing industrial shifts towards resource-rich countries [22] Industrial Gases - The industrial gases sector is viewed positively, with expectations of volume and price increases leading to improved valuations [27] - The report highlights the importance of leading companies in the sector and recommends focusing on those with operational highlights in niche markets [30] Lithium Battery Equipment - The lithium battery equipment sector is expected to emerge from a downturn, with solid-state battery technology creating significant market opportunities [51] - The report anticipates a substantial increase in market size, projecting a growth from 2.06 billion in 2025 to 33.62 billion by 2030 [51] Wind Power Equipment - The wind power industry is projected to maintain high growth, particularly in offshore wind projects, with significant investments expected [63] - The report recommends focusing on leading manufacturers and components that support the offshore wind market [64] Testing and Inspection - The testing and inspection sector is expected to see upward momentum, driven by increasing demand and a trend towards consolidation among leading firms [71] - The report emphasizes the importance of focusing on emerging fields and the long-term growth potential of comprehensive testing companies [71] Rail Transit Equipment - The rail transit equipment sector is expected to benefit from steady investment in fixed assets and high demand for passenger and freight transport [75] - The report highlights the potential for continued growth in the high-speed train sector and recommends key players in the industry [76] Oil Service Equipment - The oil service equipment sector is anticipated to thrive due to sustained demand driven by oil prices and energy security concerns [79] - The report suggests focusing on companies with strong technical barriers and those benefiting from domestic and international market opportunities [80]

1月5日，华测检测涨5.02%，截至发稿，报14.23元/股，成交3.44亿元，换手率1.71%，总市值239.47亿 元。 资料显示，华测检测认证集团股份有限公司位于广东省深圳市宝安区新安街道留仙三路4号华测检测大 楼，成立日期2003年12月23日，上市日期2009年10月30日，公司主营业务涉及贸易保障、消费品检测、 工业品检测和生命科学领域的技术检测服务。主营业务收入构成为：生命科学43.02%，工业测试 20.31%，消费品测试17.64%，贸易保障14.39%，医药及医学服务4.64%。 兴证资管金麒麟消费升级混合B（970068）基金经理为匡伟。 截至发稿，匡伟累计任职时间348天，现任基金资产总规模9089.38万元，任职期间最佳基金回报 19.98%， 任职期间最差基金回报16.96%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 从基金十大重仓股角度 数据显示，兴证资管旗下1只基金重仓华测检测。兴证资管金麒麟消费升级混合B（97 ...

Group 1 - The core focus of Huace Testing is on performance verification of aerospace materials and reliability testing of core components, primarily serving private aerospace enterprises [10][11] - The company plans to enhance its service capabilities in the aviation sector, expanding into lifecycle testing services for new aircraft types such as drones and flying cars [10][11] - Huace Testing is strategically positioning itself in emerging sectors like AI, humanoid robots, silver economy, and low-altitude economy, with a focus on electric vehicle testing and semiconductor chip testing [10][11] Group 2 - Huace Testing has successfully integrated its acquisitions, with a focus on maintaining business continuity through complementary advantages, ensuring smooth collaboration between domestic and international teams [11] - The company has completed the acquisition of Safety SA, Emicert, Openview, and MIDAC laboratory, which are now officially consolidated into its financial statements [10][11] Group 3 - The average stock price of companies under institutional research increased by nearly 1% in the past week, with notable gains from companies like Huazhi Electromechanical, which saw a weekly increase of over 36% [14][15] - Huazhi Electromechanical has established a business partnership with Blue Arrow Aerospace in the commercial aerospace sector, while also focusing on potential applications in the aerospace and satellite fields [14][15] - The company has developed a "N+1+3" structure in its robotics business, indicating a diversified approach to core components and application scenarios [14][15] Group 4 - Companies like Aima Technology, Juxing Agriculture, LiuGong, and Xiangyu Medical have also attracted significant institutional interest, with over 50 institutions conducting research on them [13] - LiuGong reported balanced revenue distribution across nine major overseas regions, with a strong outlook for growth in the global construction machinery market by 2026 [13] - Xiangyu Medical is exploring both invasive and non-invasive brain-machine interface technologies, aiming for a unified approach to treatment effectiveness [14][15]

Group 1 - The core viewpoint of the news is that 华测检测 (China Measurement and Testing Group) is actively expanding its business in the aerospace and semiconductor sectors, showcasing strong growth potential and strategic acquisitions [1][2]. - 华测检测's stock price is reported at 13.48 yuan, with a market capitalization of 22.685 billion yuan, and it ranks 6th in the professional services industry with a price-to-earnings ratio of 22.99, compared to the industry average of 59.59 [1]. - The company has established mature laboratories in key aerospace industry clusters such as Shenzhen, Guangzhou, and Shanghai, providing comprehensive technical services for both manned and unmanned aircraft [1]. Group 2 - In the semiconductor sector, 华测检测 offers a range of services including reliability verification, production burn-in testing, failure analysis, and material analysis, supported by five major semiconductor laboratories across the country [2]. - The company has successfully completed several overseas acquisitions, including Safety SA in South Africa and MIDAC in France, which have been integrated into its operations, contributing positively to its core business [2]. - The overall demand in the fourth quarter is described as stable with an upward trend, indicating a healthy growth trajectory for both traditional and emerging business segments [2].

Group 1: Investor Relations Activities - The company conducted multiple online meetings and strategy sessions from October 30 to December 30, 2025, involving various investment firms and funds, with participation from over 100 individuals across different sessions [2][3][4][5][6][7][8][9][10]. Group 2: Business Development in Aerospace and Semiconductor Sectors - The company has established a strong presence in the aerospace materials testing sector since 2018, with operations in key regions like Shenzhen, Guangzhou, and Shanghai, providing comprehensive testing services for both manned and unmanned aircraft [5]. - In the semiconductor field, the company offers reliability validation services, including a high-power aging platform for AI chips, and has capabilities for failure analysis and material analysis, supporting advanced semiconductor processes [6][7]. Group 3: Strategic Focus on Emerging Industries - The company is strategically focusing on sectors such as AI, humanoid robotics, the silver economy, and low-altitude economy, with specific emphasis on electric vehicle testing, semiconductor testing, and aerospace materials evaluation [8][9]. - Recent acquisitions, including Safety SA in South Africa and MIDAC in France, have been successfully integrated, with operational synergies being realized [10]. Group 4: Demand and Market Outlook - The overall demand in the fourth quarter is characterized as "stable with an upward trend and structural optimization," supported by the successful implementation of the "123 strategy" and contributions from recent acquisitions [10].

证券日报网讯 12月26日，华测检测在互动平台回答投资者提问时表示，公司涉及商业航天业务，主要 聚焦于航天材料性能及航天部件可靠性方面的检测服务，目前该部分业务仍处于起步与布局阶段，对公 司整体经营业绩影响较小。该业务受商业航天行业政策调整、市场竞争变化及技术迭代等因素影响，可 能存在业务发展不及预期的风险，敬请投资者注意投资风险。 （文章来源：证券日报） ...

华测检测认证集团股份有限公司 审计委员会工作细则 第一章 总则 第一条 为强化董事会决策功能，做到事前审计、专业审计，确保董事会对经理层的 有效监督，完善公司治理结构，根据《中华人民共和国公司法》《上市公司治理准则》 《上市公司独立董事管理办法》《深圳证券交易所创业板股票上市规则》、《深圳证 券交易所上市公司自律监管指引第2号——创业板上市公司规范运作》（2023年修订） 等法律、法规、规范性文件以及《公司章程》的有关规定，公司特设立董事会审计委 员会，并制定本工作细则。 第二条 董事会审计委员会是董事会设立的专门工作机构，主要负责公司内、外部审 计的沟通、监督和核查工作。 第四条 审计委员会委员由董事长、二分之一以上独立董事或者全体董事的三分之一 提名，并由董事会选举产生。 第五条 审计委员会设主任（召集人）一名，由独立董事委员中会计专业人士担任， 负责主持委员会工作；委员中有多名会计专业人士的，审计委员会主任由审计委员会 选举产生，并报请董事会批准。 第六条 审计委员会任期与董事会一致，委员任期届满，连选可以连任。期间如有委 员不再担任公司董事职务，自动失去委员资格，或者委员中欠缺会计专业人士的，并 由委 ...

审计委员会工作细则修订对照表 华测检测认证集团股份有限公司 二○二五年十二月二十六日 | 修订前 | 修订后 | | --- | --- | | 第八条 审计委员会的主要职责权限： | 第八条 审计委员会的主要职责权限： | | （一） 评价外部审计机构的审计服务 | （一） 评价外部审计机构的审计服务 | | 质量，就聘请或更换外部审计机构向董 | 质量，就聘请或更换外部审计机构向董 | | 事会提供建议，批准外部审计的薪酬及 | 事会提供建议，批准外部审计的薪酬及 | | 聘用条款； | 聘用条款； | | （二） 监督公司的内部审计制度及其 | （二） 监督公司的内部审计制度及其 | | 实施； | 实施； | | （三） 参与内部审计与外部审计之间 | （三） 参与内部审计与外部审计之间 | | 的沟通； | 的沟通； | | （四） 审核公司的财务信息及其披露， | （四） 审核公司的财务信息及其披露， | | 包括检查公司的财务报表及公司年度 | 包括检查公司的财务报表及公司年度 | | 报告、半年度报告及季度报告的真实 | 报告、半年度报告及季度报告的真实 | | 性、准确性、完整性，并审阅报表 ...

证券代码：300012 证券简称：华测检测 公告编号：2025-057 华测检测认证集团股份有限公司 关于董事会完成换届选举、聘任高级管理人员及证券事务代表暨部分 非独立董事：万峰先生（董事长）、申屠献忠先生、钱峰先生、戚观成先生 独立董事：程海晋先生、刘志权先生、杨芳女士 公司第七届董事会由 7 名董事组成。独立董事程海晋先生任期至 2026 年 9 月 7 日结束，独立董事刘志权先生任期至 2028 年 9 月 21 日结束（系因连续任职 公司独立董事不得超过六年），其他董事会成员任期自公司 2025 年第一次临时 股东大会审议通过之日起三年。上述人员均符合相关法律法规、规范性文件规定 的上市公司董事任职资格，董事会中兼任公司高级管理人员及由职工代表担任的 董事人数总计未超过公司董事总数的二分之一，独立董事的人数比例符合相关法 规的要求。三位独立董事的任职资格和独立性在公司 2025 年第一次临时股东大 会召开前已经深圳证券交易所备案审核无异议。 二、公司第七届董事会各专门委员会组成情况 公司董事会下设战略与 ESG 委员会、薪酬考核与提名委员会及审计委员会， 各专门委员会组成情况如下： 战略与 ESG ...