Company Overview - Donghua Testing, established on March 8, 1993, and listed on September 20, 2012, specializes in the research, production, and sales of structural mechanics testing instruments and related software, as well as providing application solutions and technical services [1][2] - The company's main revenue sources are: structural mechanics testing and analysis systems (71.99%), structural safety online monitoring and defense equipment PHM systems (12.89%), electrochemical workstations (10.54%), and other (4.58%) [1] Financial Performance - For the first half of 2025, Donghua Testing achieved operating revenue of 283 million yuan, representing a year-on-year growth of 2.44%, and a net profit attributable to shareholders of 76.39 million yuan, up 2.80% year-on-year [2] - Since its A-share listing, the company has distributed a total of 147 million yuan in dividends, with 66.58 million yuan distributed over the past three years [3] Stock Performance - As of September 10, Donghua Testing's stock price increased by 24.58% year-to-date, with a 4.26% rise over the last five trading days, 5.30% over the last 20 days, and 11.31% over the last 60 days [1] - The stock's trading volume on September 10 was 102 million yuan, with a turnover rate of 2.96% and a total market capitalization of 5.964 billion yuan [1] Shareholder Information - As of June 30, 2025, the number of shareholders increased by 4.20% to 15,100, with an average of 5,388 circulating shares per person, a decrease of 4.03% [2] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited held 936,400 shares, a decrease of 199,500 shares compared to the previous period [3] Industry Classification - Donghua Testing belongs to the mechanical equipment sector, specifically in the general equipment and instrumentation category, and is associated with concepts such as aerospace military industry, DeepSeek concept, commercial aerospace, industrial mother machines, and small-cap stocks [2]

Group 1: Financial Performance - The company reported a revenue of 283 million yuan for the first half of 2025, representing a year-on-year growth of 2.44% [1] - The net profit attributable to shareholders reached 76 million yuan, with a year-on-year increase of 2.80% [1] - The overall sales gross margin was 67.73%, which improved by 2.73 percentage points year-on-year [1] Group 2: Business Segments - The structural mechanics performance testing analysis system generated revenue of 194 million yuan, up 2.35% year-on-year, with a gross margin of 69.62%, an increase of 3.30 percentage points [1] - The structural safety online monitoring and defense equipment PHM system saw revenue decline to 35 million yuan, down 13.03% year-on-year, with a gross margin of 64.99%, a decrease of 0.46 percentage points [1] - The electrochemical workstation achieved revenue of 28 million yuan, growing by 10.33% year-on-year, with a gross margin of 67.83%, an increase of 2.93 percentage points [1] Group 3: Strategic Initiatives - The company is expanding its product offerings in force sensors, particularly for humanoid robots, with significant demand anticipated in the industry [2] - A fundraising plan has been announced to raise up to 150 million yuan, primarily for upgrading the intelligent measurement and control industry [2] - The upgrade project aims to enhance production capabilities and meet the growing market demand, contributing to the transformation and localization of the instrumentation industry [2] Group 4: Future Projections - Revenue forecasts for 2025 to 2027 are 632 million yuan, 793 million yuan, and 988 million yuan respectively, with net profits projected at 171 million yuan, 223 million yuan, and 279 million yuan [3] - A target price of 55.68 yuan has been set for the next six months, corresponding to a 45 times price-to-earnings ratio for 2025, with a "buy" rating suggested [3]

（文章来源：证券日报） 证券日报网讯 9月1日晚间，东华测试发布公告称，公司2025年第一次临时股东会于2025年9月1日召 开，审议通过了《关于续聘会计师事务所的议案》等多项议案。 ...

证券代码：300354 证券简称：东华测试 公告编号：2025-048 江苏东华测试技术股份有限公司 2025年第一次临时股东会决议公告 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： 1、本次股东会不存在否决议案的情形。 2、本次股东会不涉及变更以往股东会决议的情形。 一、会议召开和出席情况 （一）会议召开情况 1、会议召开时间 （1）现场会议召开时间为2025年9月1日（星期一）14：30。 （2）网络投票时间为2025年9月1日。其中，通过深圳证券交易所交易系统 进行网络投票的具体时间为2025年9月1日上午09:15—09:25、09:30－11:30、下 午 13:00 － 15:00 。 通 过 深 圳 证 券 交 易 所 互 联 网 投 票 系 统 （http://wltp.cninfo.com.cn）投票的具体时间为2025年9月1日09:15－15:00 期间的任意时间。 2、现场会议召开地点：江苏省靖江市新港大道208号（沿江公路罗家港桥东 北侧）江苏东华测试技术股份有限公司一楼会议室。 3、会议召开方式：本次股东会采用现场表决 ...

北京市东城区 北三环东路 36 号环球贸易中 心 B 座 11 层 电话（Tel）： 52213236/7 邮编（P.C）： 100013 关 于 江 苏 东 华 测 试 技 术 股 份 有 限 公 司 2025 年 第 一 次 临 时 股 东 会 之 法 律 意 见 书 君致法字 2025240 号 北 京 市 君 致 律 师 事 务 所 北京市东城区北三环东路 36 号环球贸易中心 B 座 11 层 邮编（100013） Add: 11/F, Tower B, Global Trade Center, No.36 North Third Ring Road East, Dongcheng District, Beijing, 100013, PRC Tel: 010-52213236/7 www.junzhilawyer.com 1 / 5 法律意见书 北京市君致律师事务所 关于江苏东华测试技术股份有限公司 2025年第一次临时股东会之法律意见书 致：江苏东华测试技术股份有限公司 江苏东华测试技术股份有限公司（以下简称"公司"）2025年第一次临时股东会（以 下简称"本次股东会"）于2025年9月1日（星 ...

证券代码：300354 证券简称：东华测试 公告编号：2025-047 江苏东华测试技术股份有限公司 关于控股股东、实际控制人及其一致行动人减持股份 触及1%整数倍暨减持计划实施完成的公告 公司控股股东刘士钢先生及其一致行动人罗沔女士、刘沛尧先生、王瑞先生、 瞿喆女士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。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 江苏东华测试技术股份有限公司（以下简称"公司"）于2025年6月24日在 巨潮资讯网（www.cninfo.com.cn）上披露了《关于控股股东及一致行动人减持 股份预披露的公告》（公告编号：2025-035）。 公司控股股东、实际控制人刘士钢先生及其一致行动人罗沔女士、刘沛尧先 生、王瑞先生、瞿喆女士计划自上述公告披露之日起15个交易日后的3个月内（即 2025年7月16日至2025年10月15日）以集中竞价交易方式或大宗交易方式减持本 公司股份合计不超过2,840,000股（占公司总股本比例2.0532%，占剔除回购专用 账户股份后公司总股本的2.0577%）。 公司于2025年8月27日在巨 ...

Core Viewpoint - Donghua Testing (300354.SZ) announced a share reduction plan by its controlling shareholder Liu Shigang and his concerted actors, which involves a total reduction of up to 2,840,000 shares, accounting for 2.0532% of the company's total share capital [1][4]. Share Reduction Details - Liu Shigang and his concerted actors reduced their holdings from August 20 to August 26, 2025, selling a total of 1,288,000 shares through block trading (0.9312%) and 736,700 shares through centralized bidding (0.5326%), totaling 202,470 shares [2][3]. - The weighted average price during this period was 44.412 yuan per share, resulting in total proceeds of approximately 89,920,976.4 yuan [2]. Shareholding Changes - Following the share reduction, the combined shareholding of Liu Shigang and his concerted actors decreased from 54.8682% to 53.4044%, and from 54.9875% to 53.5205% when excluding shares in the repurchase account [3][4]. Company Control and Impact - The share reduction aligns with previously disclosed intentions and will not lead to a change in control of the company or affect its ongoing operations [4]. Financial Performance - Donghua Testing reported significant growth in financial metrics for 2024, with operating revenue reaching approximately 502.22 million yuan, a 32.79% increase from 2023 [6]. - The net profit attributable to shareholders was approximately 121.88 million yuan, reflecting a 38.90% increase compared to the previous year [6]. - The net cash flow from operating activities surged to approximately 38.42 million yuan, marking an increase of 831.88% from 2023 [6].

北京市君致律师事务所 法律意见书 北京市君致律师事务所 关于江苏东华测试技术股份有限公司 第一期员工持股计划的 法 律 意 见 书 君致法字 2025239 号 北京市东城区北三环东路 36 号环球贸易中心 B 座 11 层 邮编（100013） Add: 11/F, Tower B, Global Trade Center, No.36 North Third Ring Road East, Dongcheng District, Beijing, 100013, PRC Tel: 010-52213236/7 www.junzhilawyer.com 北京市君致律师事务所 法律意见书 北京市君致律师事务所 关于江苏东华测试技术股份有限公司 第一期员工持股计划 的法律意见书 致：江苏东华测试技术股份有限公司 北京市君致律师事务所（以下简称"本所"）接受江苏东华测试技术股份有 限公司（以下简称"东华测试"）的委托，根据《中华人民共和国公司法》（以 下简称"《公司法》"）《中华人民共和国证券法》（以下简称"《证券法》"） 《关于上市公司实施员工持股计划试点的指导意见》（以下简称"《指导意见》"） 《深圳证券交易 ...

Summary of Key Points Core Viewpoint - Donghua Testing executed a block trade on August 27, with a total of 412,000 shares traded at a price of 42.65 yuan, representing a discount of 9.43% compared to the market closing price of 47.09 yuan, with a total transaction value of 17.57 million yuan [1]. Trading Details - The block trade involved multiple transactions, with the following details: - 15.20 million shares at 42.65 yuan, totaling 648.28 thousand yuan, executed by an institutional buyer [2]. - 5.40 million shares at 42.65 yuan, totaling 230.31 thousand yuan, executed by an institutional buyer [2]. - 8.70 million shares at 42.65 yuan, totaling 371.06 thousand yuan, executed by an institutional buyer [2]. - 5.10 million shares at 42.65 yuan, totaling 217.52 thousand yuan, executed by an institutional buyer [2]. - 6.80 million shares at 42.65 yuan, totaling 290.02 thousand yuan, executed by an institutional buyer [2].

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 8月26日，东华测试（维权）收涨4.70%，收盘价为46.36元，发生20笔大宗交易，合计成交量128.8万 股，成交金额5303.96万元。 第1笔成交价格为41.18元，成交4.90万股，成交金额201.78万元，溢价率为-11.17%，买方营业部为机构 专用，卖方营业部为国泰海通证券股份有限公司泰州鼓楼南路第二证券营业部。 第2笔成交价格为41.18元，成交4.90万股，成交金额201.78万元，溢价率为-11.17%，买方营业部为机构 专用，卖方营业部为国泰海通证券股份有限公司泰州鼓楼南路第二证券营业部。 第3笔成交价格为41.18元，成交7.00万股，成交金额288.26万元，溢价率为-11.17%，买方营业部为招商 证券股份有限公司西安北大街证券营业部，卖方营业部为国泰海通证券股份有限公司泰州鼓楼南路第二 证券营业部。 第4笔成交价格为41.18元，成交4.90万股，成交金额201.78万元，溢价率为-11.17%，买方营业部为机构 专用，卖方营业部为国泰海通证券股份有限公司泰州鼓楼南路第二证券营业部。 第8笔成交价格为41 ...