格隆汇1月27日丨华测检测(300012.SZ)在投资者互动平台表示，公司持续推进AI检测技术的研发与场景 适配，目前正逐步探索其在核心业务板块的应用可能性，力求通过技术创新助力检测效率提升。 海外 相关布局处于稳步推进中，后续将结合海外业务发展需求，逐步探索技术应用场景，助力提升全球服务 效能。AI等新技术的应用，可通过降本增效、优化运营模式为全球业务毛利率提升提供支撑，但受业 务落地节奏、场景适配等因素影响，具体成效存在不确定性。 ...

证券日报网讯1月26日，华测检测（300012）在互动平台回答投资者提问时表示，公司已完成南非 Safety SA、越南开景相关收购，相关业务正稳步推进。非洲食安检测、东南亚供应链审核业务有序拓 展，公司将全力推进新兴市场业务增长，力争实现良好发展。 ...

（编辑 王雪儿） 证券日报网讯 1月26日，华测检测在互动平台回答投资者提问时表示，公司较早布局航空材料领域，精 准锚定航空航天领域潜力。凭借专业技术实力与高效运营管理，公司匹配客户测试需求，航空材料领域 测试项目数量增长强劲，实现较快发展。针对飞行汽车、无人机等新增检测需求，公司正积极推进相关 布局，密切跟踪行业标准动态，稳步拓展客户合作，后续公司将持续夯实该领域技术与服务能力，抢抓 低空经济发展机遇，相关重大进展若达到信息披露标准，将严格依规及时披露。 ...

格隆汇1月26日丨华测检测(300012.SZ)在投资者互动平台表示，公司已完成南非Safety SA、越南开景相 关收购，相关业务正稳步推进。非洲食安检测、东南亚供应链审核业务有序拓展，公司将全力推进新兴 市场业务增长，力争实现良好发展。 ...

Core Viewpoint - 华测检测's stock price has shown a significant increase this year, with a year-to-date rise of 19.85% and a recent 5-day increase of 6.77% [1] Group 1: Stock Performance - As of January 26, 华测检测's stock price was 16.24 yuan per share, with a market capitalization of 27.329 billion yuan [1] - The stock experienced a decline of 2.05% during the trading session on January 26, with a trading volume of 4.91 billion yuan and a turnover rate of 2.09% [1] - The stock has seen a 19.24% increase over the past 20 days and a 14.13% increase over the past 60 days [1] Group 2: Financial Performance - For the period from January to September 2025, 华测检测 reported a revenue of 4.702 billion yuan, representing a year-on-year growth of 6.95% [2] - The net profit attributable to shareholders for the same period was 812 million yuan, reflecting an increase of 8.78% year-on-year [2] Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for 华测检测 was 76,600, a decrease of 5.62% from the previous period [2] - The average number of circulating shares per shareholder increased by 5.96% to 18,698 shares [2] - The largest circulating shareholder is Hong Kong Central Clearing Limited, holding 289 million shares, an increase of 20.82 million shares from the previous period [3]

Group 1: Company Insights - Huace Testing expects a net profit of 1.013-1.021 billion yuan for 2025, a year-on-year increase of 10%-11% [4] - The company anticipates a Q4 net profit of 201-209 million yuan, reflecting a growth of 15%-20% year-on-year [5] - The company is focusing on strategic mergers and international expansion, which will gradually release growth momentum [5] Group 2: Military Industry Developments - Major military groups in China have held annual meetings to set goals for the 14th Five-Year Plan and outline key tasks for 2026 [7] - China Aerospace Science and Technology Corporation emphasizes breakthroughs in reusable rocket technology and the development of commercial aerospace [8] - China Commercial Aircraft Corporation is advancing the C919 aircraft's certification and commercial operations, with growing interest from Southeast Asian countries [9] Group 3: Cross-Border E-commerce Performance - The global cross-border e-commerce market is projected to reach 551.23 billion USD by 2025, with a compound annual growth rate of 15.44% from 2025 to 2034 [13] - Jihua Co. expects a net profit of 272-291 million yuan for 2025, a significant increase of 50%-60% year-on-year [13] - Huakai Yibai anticipates a net profit of 132-162 million yuan for 2025, with improved inventory management leading to a recovery in gross margin [13] Group 4: Coal Industry Trends - In Q4 2025, coal sector holdings in actively managed funds increased to 0.36%, indicating a low level of crowding and significant value [17] - The coal price is expected to be supported by tight supply and demand conditions, with a potential upward trend in the price center [19] - Major coal companies are initiating buybacks and asset injection plans, reflecting confidence in the sector's growth and stability [20] Group 5: Banking Sector Performance - Industrial Bank expects a revenue growth of 0.24% and a net profit growth of 0.34% for 2025, with asset quality remaining stable [22] - The bank's asset scale is projected to exceed 11 trillion yuan, with a year-on-year growth of 5.57% [23] - The non-performing loan ratio is stable at 1.08%, with significant reductions in new non-performing loans in key sectors [23] Group 6: Renewable Energy and Technology - Mingyang Smart Energy plans to acquire Dehua Chip, a leader in satellite energy systems, to enhance its capabilities in space photovoltaic technology [25] - The space photovoltaic market is expected to grow significantly, with Mingyang's revenue projected to reach 40.879 billion yuan by 2025, reflecting a 51% year-on-year increase [27] - The company aims to leverage its existing technologies to create synergies with Dehua Chip, enhancing its competitive position in the market [27] Group 7: Robotics Industry Developments - Tesla plans to start selling its humanoid robot Optimus by the end of next year, with ongoing testing to ensure reliability and safety [33] - The humanoid robot industry is expected to see significant growth, with over 140 companies and more than 330 products launched in 2025 [40] - Microsoft has launched its first robot-specific AI model, Rho-alpha, which enhances the adaptability and reliability of robots [41]

证券日报网讯1月23日，华测检测（300012）在互动平台回答投资者提问时表示，华测已经在林芝地区 为雅江项目建设了多个水质自动监测站，后续将继续积极争取，与相关单位共同参与雅江水电建设过程 的生态保护工作。 ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 300572 | 安车检测 | 28.68 | -2.78% | 6.89万 | 266"T | | 920122 | 中纺标 | 35.89 | -2.29% | 1.87万 | 6805.49万 | | 300797 | 钢研纳克 | 18.53 | -1.17% | 9.63万 | 1.78亿 | | 920039 | 国义招标 | 12.65 | -1.17% | 2.64万 | 3368.72万 | | 301289 | 国绩检测 | 62.27 | -0.86% | 1.44万 | 8925.03万 | | 603183 | 建研院 | 4.68 | -0.85% | 7.85万 | 3664.02万 | | 003008 | 开普检测 | 24.04 | -0.50% | 2.13万 | 5133.90万 | | 603373 | 安邦护卫 | 40.75 | -0.24% | 9639.0 | 3917.72万 | | 301169 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Insights - The company is expected to achieve a net profit attributable to shareholders of 1.01-1.02 billion yuan in 2025, representing a year-on-year growth of 10%-11% [4] - In Q4 2025, the company anticipates a net profit of 201-209 million yuan, with a year-on-year increase of 15%-20% [5] - The company is focusing on enhancing its competitive advantages through various strategies, including deepening its 123 strategy, upgrading service quality, increasing investment in technological innovation, and implementing digital transformation [5] - The company has shown significant improvement in cash flow, with a rapid increase in operating cash flow and optimized collection quality [5] - Strategic mergers and international expansion projects are expected to gradually release growth momentum in the long term [5] Financial Performance Summary - The company forecasts revenues of 6.608 billion yuan for 2025, with a growth rate of 9% [6] - The projected net profit for 2026 is 1.171 billion yuan, reflecting a growth rate of 15% [6] - The company maintains a stable gross margin of 49% across the forecast period [7] - The price-to-earnings (P/E) ratio is expected to be 27 for 2025, decreasing to 20 for 2027 [7]

Core Insights - The Ministry of Industry and Information Technology (MIIT) plans to promote humanoid robot technology innovation and upgrade, aiming to drive the development of the broader computing intelligence industry [1] - MIIT will enhance the quality inspection and testing of humanoid robot products, focusing on network and data security, and will conduct research on technology ethics [1] - The ministry aims to strengthen the support of the National Artificial Intelligence Industry Investment Fund for humanoid robots and establish an open-source community for humanoid robots [1] Company and Industry Overview - KaiLong High-Tech focuses on intelligent testing of dexterous hands and components, covering complete machines, parts, and application scenario testing, emphasizing "environmental protection + industry" [2] - Jizhi Co., Ltd. plans to acquire PuMai Technology to integrate testing capabilities from core components to complete machine performance [2] - Guodian Measurement provides comprehensive testing capabilities covering the entire robot industry chain, including software, chips, and reliability [2] - Huace Testing specializes in consumer robots, offering safety, energy efficiency, and electromagnetic compatibility testing services [2] - Weikai Testing Technology actively develops inspection and testing services for the robotics field and participates in building public technology service platforms [2] - The National Robot Testing and Evaluation Center provides authoritative third-party testing and CR certification, with comprehensive testing capabilities for industrial, service, and special robots [3] - Jiangsu Sujian Intelligent Equipment focuses on testing, certification, and technical consulting for industrial robots, service robots, and related components [3] - Tianqi Co. and Junpu are industry cross-players providing application-level testing and validation for robot products based on specific industrial scenarios [3]