人民财讯10月30日电，钢研高纳（300034）10月30日在互动平台表示，公司高温合金产品主要应用于航 空航天领域，目前在可控核聚变领域尚无实际应用。 ...

证券研究报告·公司点评报告·航空装备Ⅱ 钢研高纳（300034） 2025 年三季报点评：高景气赛道优势未改， 蓄势以待下一轮业绩弹性 买入（维持） | [Table_EPS] 盈利预测与估值 | 2023A | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | --- | | 营业总收入（百万元） | 3,408 | 3,524 | 4,191 | 4,794 | 5,294 | | 同比 | 18.37 | 3.40 | 18.93 | 14.39 | 10.44 | | 归母净利润（百万元） | 319.13 | 248.66 | 264.86 | 328.55 | 375.87 | | 同比 | (5.17) | (22.08) | 6.52 | 24.05 | 14.40 | | EPS-最新摊薄（元/股） | 0.40 | 0.31 | 0.33 | 0.41 | 0.47 | | P/E（现价&最新摊薄） | 41.83 | 53.69 | 50.40 | 40.63 | 35.52 | [Table_Tag] [事件 ...

（文章来源：证券日报） 证券日报网讯钢研高纳10月27日在互动平台回答投资者提问时表示，公司第三季度归母净利润较去年同 期有所下降，主要受成本费用、资产减值等因素影响；公司产品毛利率受成本及价格等因素影响存在一 定波动，公司购入的设备主要用于国内生产基地。 ...

Macro Highlights - The main goals for the "14th Five-Year Plan" period include significant achievements in high-quality development, substantial improvement in technological self-reliance, breakthroughs in comprehensive reforms, enhanced social civilization, improved quality of life, major progress in building a beautiful China, and a more solid national security barrier [1] - By 2035, the aim is to significantly elevate China's economic, technological, defense, and comprehensive national strength, with per capita GDP reaching the level of moderately developed countries, leading to a happier and better life for the people and basic realization of socialist modernization [1] Trade Relations - The Ministry of Commerce announced that a Chinese delegation led by Vice Premier He Lifeng will engage in economic and trade consultations with the U.S. in Malaysia from October 24 to 27, focusing on important issues in Sino-U.S. economic relations [1] EU Sanctions Response - The Ministry of Commerce expressed strong dissatisfaction and firm opposition to the EU's decision to sanction Chinese companies, including large oil refineries and traders, during the 19th round of sanctions against Russia, emphasizing the need to protect the legitimate rights and interests of Chinese enterprises [2] State-Owned Enterprises Planning - The State-owned Assets Supervision and Administration Commission held a meeting to discuss the "14th Five-Year Plan" for central enterprises, emphasizing the need to align with the strategic mission assigned by the Party Central Committee and to enhance core functions and competitiveness [3] - The meeting highlighted the importance of optimizing layout and structural adjustments in line with national needs and industry trends, and improving the quality of planning through thorough research and unified thinking [3] Foreign Exchange Management - The Deputy Director of the State Administration of Foreign Exchange encouraged the implementation of innovative and integrated exploratory policies in Shanghai, focusing on the use of AI and big data to enhance foreign exchange services [4] - The aim is to improve the cross-border financial service capabilities of Shanghai while balancing financial openness and security [4] Company News - Huagong Technology reported a 40.92% year-on-year increase in net profit for the first three quarters and is planning to issue H-shares for listing in Hong Kong [8] - Yangjie Technology terminated its acquisition of 100% equity in Better Electronics [8] - Xinda Securities received approval for the issuance of up to 10 billion yuan in technology innovation corporate bonds [8] - Shuangliang Energy plans to raise no more than 1.292 billion yuan for projects related to zero-carbon intelligent manufacturing [8] - New Lai Materials' subsidiary plans to invest 2 billion yuan in semiconductor core component projects [8] - Chuanfa Longmang's subsidiary intends to invest 366 million yuan in a 100,000 tons/year lithium dihydrogen phosphate project [8] - Steel Research High-tech plans to establish a subsidiary and new industrial base in Saudi Arabia [8] - Aote Electronics intends to terminate the smart integration project for intelligent outlets [8] - Shengyi Electronics expects a year-on-year net profit increase of 476% to 519% for the first three quarters [8] - Other companies reported significant year-on-year net profit growth, including Tianeng Heavy Industry (1359.03%), Te Yi Pharmaceutical (985.18%), and Zhuanlei Technology (598.09%) [8][9]

Group 1 - The company Steel Research High-tech announced plans to establish a wholly-owned subsidiary in Saudi Arabia to expand its overseas market presence and meet strategic needs for international development and Middle East market expansion [1] - The total investment for the new industrial base, which will focus on the production line for ethylene cracking furnace tubes, is not to exceed approximately 138 million yuan, funded by the company's own and self-raised funds [1] - The registered capital for the wholly-owned subsidiary will not exceed 73 million yuan, and it will be included in the company's consolidated financial statements after establishment [1] Group 2 - For the year 2024, the company's revenue composition is expected to be 100% from non-ferrous metal processing [1] - As of the report date, the market capitalization of Steel Research High-tech is 13.3 billion yuan [1]

Group 1 - The core point of the article is that Steel Research High-tech (SZ 300034) held its seventh board meeting on October 22, 2025, where it reviewed its Q3 2025 report, indicating ongoing corporate governance and financial oversight [1] - For the year 2024, the company's revenue composition is entirely from non-ferrous metal processing, with a 100.0% share [1] - As of the report, Steel Research High-tech has a market capitalization of 13.3 billion yuan [1]

证券日报网讯 10月23日晚间，钢研高纳发布公告称，公司及子公司无逾期对外担保情况。 （文章来源：证券日报） ...

Core Insights - The company, Steel Research High-Tech (300034.SZ), reported a revenue of 2.804 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 10.69% [1] - The net profit attributable to shareholders of the listed company was 125 million yuan, showing a year-on-year decrease of 46.97% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 114 million yuan, reflecting a year-on-year decline of 48.86% [1] - The basic earnings per share stood at 0.1579 yuan [1]

Major Events - Former Chairman of Beiyin Wealth Management, Fang Yi, has joined Huaxia Bank as Chief Risk Officer, pending regulatory approval [4] - Xilai Materials' subsidiary plans to invest 2 billion yuan in a semiconductor core component project, expected to generate over 1.5 billion yuan in annual output after reaching production [5][6] - Huatai Securities' subsidiary Huatai Futures has appointed Zhao Changtao as the new chairman [7] - Chuanfa Longmang's subsidiary plans to invest 366 million yuan in a 100,000 tons/year lithium dihydrogen phosphate project [8] - Huagong Technology is planning to issue H-shares and apply for listing on the Hong Kong Stock Exchange [9] - Jiangsu Leili's actual controller has changed from Su Jianguo to both Su Jianguo and Su Da due to internal share transfers [10] - Electric Power Investment Energy has been unable to contact independent director Han Fang, but this does not affect the board's operation [11] - Qiaqia Food's subsidiary is establishing an investment company focused on the leisure food industry with a total investment of 4 billion yuan [12][13] - Steel Research High-tech plans to set up a wholly-owned subsidiary in Saudi Arabia with an investment of up to 138 million yuan [14] - Yangjie Technology has terminated the acquisition of 100% equity in Better Electronics due to differences in business types and management [15] Performance Reports - Youfa Group reported a 2320.53% increase in net profit for Q3, despite a 3.97% decline in revenue [16] - Zhuoyi Information's net profit increased by 2074.65% in Q3, with revenue growth of 2.52% [17] - North Navigation's Q3 net profit surged by 1681.27%, with a 52.12% increase in revenue [18] - Tianneng Heavy Industry's net profit grew by 1359.03% in Q3, driven by increased sales of tower tubes [19] - Te Yi Pharmaceutical's net profit rose by 985.18% in Q3, with significant growth in traditional Chinese medicine sales [20] - Hualgreen Bio's Q3 net profit increased by 619.37%, with a 35.24% rise in revenue [21] - Zhenlei Technology's net profit grew by 598.09% in Q3, supported by strong revenue growth [22] - Shengyi Electronics expects a net profit increase of 476% to 519% for the first three quarters of 2025 [23] - Glodon reported a 244.89% increase in Q3 net profit, despite a slight decline in revenue [24] - Yingli Co., Ltd. saw a 229.14% increase in Q3 net profit, with a 14.73% rise in revenue [25] - Guangkang Biochemical's Q3 net profit increased by 236.87%, despite a decline in revenue [26] - High-speed Electric's Q3 net profit rose by 242.35%, with a 44.51% increase in revenue [27] - Wide Special Materials reported a 213.65% increase in net profit for Q3, driven by improved gross margins [28] - Baofeng Energy's Q3 net profit increased by 162.34%, attributed to increased production capacity [29] - Sanfu Co., Ltd. reported a 162.25% increase in Q3 net profit, driven by improved profitability of potassium and silane products [30] - Wuku New Energy's Q3 net profit increased by 106.31%, despite a loss in the first three quarters [32] - Pioneering Technology's Q3 net profit grew by 94.01%, supported by a recovery in the household energy storage market [33] - Sanlife Guojian's net profit increased by 71.15% in Q3, driven by project collaboration and CDMO business growth [34] - BGI Genomics reported a loss of 120 million yuan in the first three quarters, despite revenue growth [35] - Rejing Bio reported a net loss of 10.9 million yuan in the first three quarters, impacted by industry policies [36] - Jiangshan Oupai reported a net loss of 51.58 million yuan in Q3, attributed to market downturns and increased competition [38] - Taiping Bird reported a net loss of 49.45 million yuan in Q3, due to declining revenue and increased inventory losses [39] - Zhongke Tongda reported a loss of 6.87 million yuan in the first three quarters, affected by project delays and market competition [40] - Wolong New Energy reported a loss of 579.7 thousand yuan in Q3, transitioning from profit to loss [41] Major Contracts - Jinggong Steel Structure signed a significant overseas project contract worth approximately 1.23 billion yuan [42][43] - New Beiyang's subsidiary won a 105 million yuan postal equipment outsourcing project [44] - Maipu Medical plans to sign product sales agency agreements with related parties, with estimated procurement amounts of 21.5 million yuan and 3.5 million yuan [45] Shareholding Changes - Yunlu Co., Ltd. shareholder Guo Keyun plans to reduce his stake by up to 3% [46] Financing - Xinda Securities has received approval from the CSRC to issue up to 10 billion yuan in technology innovation corporate bonds [47]

格隆汇10月23日丨钢研高纳(300034.SZ)公布三季度报告，前三季营业收入28亿元，同比增长10.69%， 归属于上市公司股东的净利润1.2亿元，同比下降46.97%，归属于上市公司股东的扣除非经常性损益的 净利润1.14亿元，同比下降48.86%。 ...