证券代码：300360 证券简称：炬华科技 公告编号：2026-003 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。 一、中标项目风险提示 1、合同在履行过程中如果遇到不可预计的或不可抗力等因素的影响，有可 能会导致合同无法全部履行或终止的风险。 杭州炬华科技股份有限公司 关于重大经营合同中标的公告 2、交货时间需根据各地网省公司实际合同要求确定。 3、敬请广大投资者谨慎决策，注意防范投资风险。 二、交易对方情况介绍 基本情况： 招标人：国家电网有限公司 注册资本：130,452,014.4291 万元 法定代表人：张智刚 注册地址：北京市西城区西长安街 86 号 经营范围：输电（有效期至 2026 年 1 月 25 日）；供电（经批准的供电区域）； 对外派遣与其实力、规模、业绩相适应的境外工程所需的劳务人员；实业投资及 经营管理；与电力供应有关的科学研究、技术开发、电力生产调度信息通信、咨 询服务；进出口业务；承包境外工程和境内国际招标工程；上述境外工程所需的 设备、材料出口；在国（境）外举办各类生产性企业。（市场主体依法自主选择 经营项目，开展经营活动； ...

证券研究报告·行业跟踪周报·电力设备 电力设备行业跟踪周报 油价高企新能源受益，锂电需求和盈利有望 超预期 增持（维持） [Table_Summary] 投资要点 2026 年 03 月 29 日 证券分析师 曾朵红 执业证书：S0600516080001 021-60199793 zengdh@dwzq.com.cn 证券分析师 阮巧燕 执业证书：S0600517120002 ruanqy@dwzq.com.cn 行业走势 -14% -6% 2% 10% 18% 26% 34% 42% 50% 58% 2025/3/31 2025/7/29 2025/11/26 2026/3/26 电力设备 沪深300 相关研究 《储能锂电景气上行，业绩与估值有 望双升》 2026-03-22 《储能锂电景气上行、欧洲海风北美 缺电持续》 2026-03-16 东吴证券研究所 1 / 48 请务必阅读正文之后的免责声明部分 ◼ 电气设备 11271 上涨 0.05%，表现强于大盘。（本周，3 月 23 日-3 月 27 日，下同），锂电池涨 5.34%，新 能源汽车涨 1.21%，核电涨 0.91%，电气设备涨 0.05% ...

证券代码：300360 证券简称：炬华科技 公告编号：2026-002 杭州炬华科技股份有限公司 关于重大经营合同预中标的提示性公告 三、预中标项目风险提示 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。 目前，公司尚未收到国家电网有限公司及其相关代理机构发给本公司的中标 通知书，是否收到公示中相关中标项目的中标通知书存在不确定性，具体中标的 有关事项待公司收到中标通知书后另行通告。敬请广大投资者谨慎决策，注意防 范投资风险。 杭州炬华科技股份有限公司（以下简称"公司"）于 2026 年 3 月 25 日在"国 家电网有限公司 2026 年营销项目计量设备专项公开招标采购推荐的中标候选人 公示（招标编号：0711-260TL01122003）"中被推荐为中标候选人，预计中标总 金额约 8,475.815860 万元，现将相关预中标情况提示如下： 特此公告。 一、预中标项目的主要内容 公司本次预中标项目为国家电网有限公司 2026 年营销项目计量设备专项公 开招标采购（招标编号：0711-260TL01122003），该项目由国家电网有限公司委 托国网物资有限公 ...

Group 1 - The core viewpoint of the news is that Juhua Technology has shown significant trading activity, with a notable increase in financing buy-ins and a high financing balance relative to its market capitalization [1][2]. - On February 25, Juhua Technology's stock price increased by 0.67%, with a trading volume of 216 million yuan. The financing buy-in amount for the day was 42.47 million yuan, while the financing repayment was 25.32 million yuan, resulting in a net financing buy-in of 17.15 million yuan [1]. - As of February 25, the total financing and securities lending balance for Juhua Technology was 469 million yuan, which accounts for 5.09% of its circulating market value, indicating a high level compared to the past year [1]. Group 2 - Juhua Technology, established on April 6, 2006, and listed on January 21, 2014, specializes in smart metering and collection systems, smart power terminals, IoT smart water meters, and other IoT products and comprehensive energy service solutions. The main revenue sources are smart metering and collection systems (80.26%), IoT communications, sensors, and accessories (9.11%), and smart power terminals (5.11%) [2]. - For the period from January to September 2025, Juhua Technology reported a revenue of 1.25 billion yuan, a year-on-year decrease of 19.14%, and a net profit attributable to shareholders of 480 million yuan, down 11.45% year-on-year [2]. - Since its A-share listing, Juhua Technology has distributed a total of 1.31 billion yuan in dividends, with 818 million yuan distributed in the last three years [3].

Group 1 - The core point of the article is that Juhua Technology has disclosed the total assets of Hangzhou Zhenghua Electronics Co., Ltd. as 167.0064 million yuan by the end of 2024 [2] - The data for 2025 is unaudited and investors are advised to pay attention to the annual report for further information [2]

证券日报网讯 2月9日，炬华科技在互动平台回答投资者提问时表示，公司发展产业是需要诸多宏观、 微观要素。发展实业当守初心、重积淀，以长期主义谋发展，潜心耕耘、厚积薄发，方能筑牢根基、行 稳致远。 （编辑 袁冠琳） ...

Investment Rating - The industry rating for electrical equipment is maintained as "Overweight" [8] Core Insights - The new standard for electric meters has led to a price rebound, with expected price increases of over 20% in the upcoming bidding rounds, indicating a recovery in profitability for the industry [2][5] - The introduction of the new standard and the demand for supplementary bidding in 2026 are expected to result in high overall demand for electric meters, benefiting leading companies with technological advantages [4][5] Summary by Sections Price Trends - The bidding prices for electric meters in the third batch of 2025 saw significant increases, with A, B, C, D, and high-end smart meters rising by 55%, 46%, 37%, 111%, and 53% respectively compared to the second batch [2] - The new bidding process has set clear price limits for various types of electric meters, with expected price increases of over 20% compared to the previous batch [2][3] Demand Outlook - The total bidding volume for electric meters in 2025 was 66.47 million units, with a low actual bidding volume of 49.52 million units, indicating strong replenishment demand for 2026 [4] - The historical trend shows that new standards typically lead to increased demand in subsequent bidding rounds, suggesting a potential for rapid growth in 2026 [4] Company Recommendations - Companies recommended for investment include Samsung Medical, Oriental Electronics, and Juhua Technology, which are expected to gain higher market shares due to their technological advantages in the early stages of the new standard implementation [5][11]

Group 1 - The core viewpoint of the article is that Juhua Technology (300360.SZ) is actively exploring development opportunities in emerging industries by partnering with professional investment institutions [1] - Juhua Technology plans to invest 10 million yuan as a limited partner in the Qingdao Houji Hengtai Venture Capital Fund, initiated by Beijing Houji Jingqiao Venture Capital Co., Ltd [1] - The investment will account for 13.8870% of the total subscribed capital of the fund, which will focus on investing in the aerospace technology sector through acquiring shares of the Star Glory Aerospace Technology Group [1]

格隆汇2月6日丨炬华科技(300360.SZ)公布，为推动公司战略实施，借助专业投资机构的行业经验与资 源优势，积极探索新兴产业领域的发展机遇，杭州炬华科技股份有限公司拟作为有限合伙人，认购由北 京厚纪景桥创业投资有限公司（专业投资机构，简称"北京厚纪"）发起设立的青岛厚纪恒拓创业投资基 金合伙企业（有限合伙）（简称"本基金"）基金份额，公司拟以自有资金认缴出资1,000万元，占本基 金认缴出资总额的13.8870%。投资范围：星际荣耀航天科技集团股份有限公司（本基金通过受让老股 方式投资星际荣耀航天科技集团股份有限公司）。 ...

Core Viewpoint - Juhua Technology announced its plan to invest 10 million yuan as a limited partner in the Qingdao Houji Hengtuo Venture Capital Fund, acquiring a 13.8870% share of the fund, which will specifically invest in the Star Glory Aerospace Technology Group through the acquisition of existing shares [1] Group 1 - Juhua Technology will contribute 10 million yuan to the venture capital fund [1] - The investment represents a 13.8870% stake in the total committed capital of the fund [1] - The fund's focus is on investing in Star Glory Aerospace Technology Group through the transfer of existing shares [1]