证券代码：300946 证券简称：恒而达 编号：2025-048 福建恒而达新材料股份有限公司 关于公司2025年半年度权益分派实施的公告 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。 一、权益分派方案的基本情况 1．福建恒而达新材料股份有限公司（以下简称公司、恒而达）于2025年8 月28日召开了第三届董事会第六次会议，审议通过了公司2025年半年度权益分派 方案：以公司现有总股本156,007,800股为基数，向全体在册股东每10股派发现金 股利1.20元（含税），合计派发现金分红总额18,720,936.00元（含税），剩余未分 配利润结转以后分配，不送红股，不以资本公积转增股本。具体内容详见公司于 2025年8月29日在巨潮资讯网（www.cninfo.com.cn）披露的《关于2025年度中期 利润分配方案的公告》（公告编号：2025-039）。 若公司在实施权益分派的股权登记日前出现股权激励行权、可转债转股、股 份回购等导致可参与权益分派的股本发生变动的，将按照分配总额不变的原则对 分配比例进行相应调整。 3．公司2025年半年度权益分派方案已经 ...

Group 1 - The core viewpoint of the article is that 恒而达 (300946.SZ) reported its third-quarter results, showing a mixed performance with revenue growth but a significant decline in net profit [1] Group 2 - For the first three quarters, the company achieved an operating income of 478 million yuan, representing a year-on-year increase of 8.37% [1] - The net profit attributable to shareholders of the listed company was 44.05 million yuan, reflecting a year-on-year decrease of 44.24% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 43.378 million yuan, which is a year-on-year decline of 43.75% [1]

Core Insights - The company, Heng Er Da (300946.SZ), reported a revenue of 478 million yuan for the first three quarters of 2025, representing a year-on-year increase of 8.37% [1] - The net profit attributable to shareholders decreased to 44.05 million yuan, a decline of 44.24% compared to the previous year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 43.38 million yuan, down 43.75% year-on-year [1] - The basic earnings per share stood at 0.28 yuan [1]

Core Viewpoint - Heng Er Da (300946.SZ) reported a year-on-year revenue growth of 8.37% for the first three quarters of 2025, reaching 478 million yuan, but experienced a significant decline in net profit attributable to shareholders, decreasing by 44.24% to 44.05 million yuan [1][1][1] Financial Performance - The company's operating revenue for the first three quarters was 478 million yuan, reflecting an increase of 8.37% compared to the previous year [1] - Net profit attributable to shareholders was 44.05 million yuan, which represents a year-on-year decrease of 44.24% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 43.38 million yuan, down 43.75% year-on-year [1] - Basic earnings per share stood at 0.28 yuan [1]

证券代码：300946 证券简称：恒而达 编号：2025-049 福建恒而达新材料股份有限公司 第三届董事会第八次会议决议公告 二、董事会会议审议情况 审议通过了《关于<2025年第三季度报告>的议案》。 经审议，公司董事会认为《2025年第三季度报告》的内容真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏。 具体内容详见公司同日于巨潮资讯网（www.cninfo.com.cn）披露的《2025 年第三季度报告》（公告编号：2025-050）。 表决结果：7票赞成；无反对票；无弃权票。 本议案已经公司董事会审计委员会审议通过。 三、备查文件 1.公司第三届董事会审计委员会第七次会议决议； 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 福建恒而达新材料股份有限公司（以下简称公司）第三届董事会第八次会议 于2025年10月20日在福建省莆田市荔城区新度镇新度村亭道尾228号公司会议室 以现场会议方式召开，会议通知于2025年10月16日以电子邮件或电话的方式送达 全体董事与高级管理人员。本次会议由公司董事长林正华先生召集并主持，会 ...

福建恒而达新材料股份有限公司 2025 年第三季度报告 证券代码：300946 证券简称：恒而达 公告编号：2025-050 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。 □是 否 一、主要财务数据 （一）主要会计数据和财务指标 重要内容提示： 1．董事会及董事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个 别和连带的法律责任。 福建恒而达新材料股份有限公司 2．公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）声明：保证季度报告中财务信息的真实、准确、 完整。 2025 年第三季度报告 3．第三季度财务会计报告是否经过审计 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 本报告期比上年同 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 期增减 | | 年同期增减 | | 营业收入（元） | 158,495,093.60 | 11.56% | 478,007,267.11 | 8.37% | | 归属 ...

证券日报网讯恒而达（300946）9月30日在互动平台回答投资者提问时表示，SMS公司携其主要磨床产 品参加了于2025年9月22日至9月26日举办的德国汉诺威国际机床展(EMOHannover2025)，恒而达的部分 产品也同台参展。未来公司将持续借助各类国内外顶级展会平台，推动公司与客户的技术交流与商业合 作，为业务发展注入新动能。 ...

（文章来源：每日经济新闻） 恒而达（300946.SZ）9月30日在投资者互动平台表示，尊敬的投资者，您好！SMS公司携其主要磨床产 品参加了于2025年9月22日至9月26日举办的德国汉诺威国际机床展（EMO Hannover 2025），恒而达的 部分产品也同台参展。未来公司将持续借助各类国内外顶级展会平台，推动公司与客户的技术交流与商 业合作，为业务发展注入新动能。 每经AI快讯，有投资者在投资者互动平台提问：董秘你好！9月22日至9月26日是德国汉诺威2025国际 机床展，请问贵司德国全资子公司SMS是否有参展？另外，恒而达智能装备是否也有同台展示？ ...

Investment Rating - The report assigns an "Accumulate" investment rating for the company [3][7]. Core Insights - The company is a leader in heavy die-cutting tools with nearly thirty years of technical accumulation in metal material processing and heat treatment, maintaining its position as a global leader for over a decade [1][11]. - The acquisition of German company SMS is expected to significantly enhance the company's capabilities in high-precision grinding machines, contributing to cost optimization and efficiency improvements in ball screw production, which will be a key growth driver for future business [1][7]. - The company has a strong focus on developing intelligent CNC equipment and has successfully launched key rolling functional components, indicating a strategic expansion into high-end manufacturing [7][11]. Financial Data and Valuation - The company’s total revenue is projected to grow from 5.42 billion yuan in 2023 to 9.00 billion yuan by 2027, with a compound annual growth rate (CAGR) of approximately 16% [2][7]. - The net profit attributable to shareholders is expected to increase from 870 million yuan in 2023 to 1.20 billion yuan in 2027, reflecting a significant growth trajectory [2][7]. - The company’s price-to-earnings (PE) ratio is projected to decrease from 83.7 in 2023 to 79.0 in 2027, indicating improving valuation metrics over time [2][7]. Business Overview - The company’s main business segments include metal cutting tools, intelligent equipment, and rolling functional components, with metal cutting tools accounting for over 80% of total revenue [7][22]. - The metal cutting tools segment is characterized by stable demand and repeat consumption, with a market space that continues to grow [7][19]. - The intelligent CNC equipment segment has shown rapid growth, with a revenue increase of 53.66% year-on-year in 2024, indicating successful market penetration [7][68]. - The rolling functional components segment is also expanding, with a revenue growth of 59.96% in 2024, reflecting the company's strategic investments in this area [7][76]. Market Potential - The global market for metal cutting tools is projected to reach 41.64 billion USD by 2029, with a CAGR of 6.9% from 2025 to 2029, highlighting significant growth opportunities for the company [36]. - The domestic market for cutting tools in China is expected to continue its upward trajectory, with a market size of approximately 53.8 billion yuan in 2023, growing at a CAGR of 7.9% from 2005 to 2023 [36][39]. - The company is well-positioned to capitalize on the high-end equipment import substitution trend, as the domestic market for high-end CNC machines remains underdeveloped compared to international standards [63][64].

深交所公开信息显示，当日该股因日收盘价涨幅达15.83%上榜，机构专用席位净买入1.06亿元。 证券时报·数据宝统计显示，上榜的前五大买卖营业部合计成交2.68亿元，其中，买入成交额为1.69亿 元，卖出成交额为9895.98万元，合计净买入7029.68万元。 具体来看，今日上榜的营业部中，共有4家机构专用席位现身，即买一、买三、买四、买五，合计买入 金额1.15亿元，卖出金额862.07万元，合计净买入1.06亿元。 恒而达今日上涨15.83%，全天换手率18.67%，成交额8.76亿元，振幅20.74%。龙虎榜数据显示，机构净 买入1.06亿元，营业部席位合计净卖出3611.01万元。 资金流向方面，今日该股主力资金净流入4940.37万元，其中，特大单净流入6064.00万元，大单资金净 流出1123.63万元。近5日主力资金净流入4042.82万元。 融资融券数据显示，该股最新（9月24日）两融余额为1.67亿元，其中，融资余额为1.67亿元，融券余额 为0.55万元。近5日融资余额合计减少559.87万元，降幅为3.25%，融券余额合计减少414.00元，降幅 7.01%。（数据宝） 恒而达9月2 ...