Core Viewpoint - Henghui Security (300952.SZ) announced that Yaocheng Investment, an employee stock ownership platform for core employees, holds 10,000,000 shares, accounting for 5.85% of the company's total share capital after excluding shares in the repurchase special securities account [1] Summary by Relevant Sections - **Shareholding and Reduction Plans** - Yaocheng Investment plans to reduce its holdings by up to 2,267,500 shares, representing 1.31% of the total share capital, within three months starting from October 22, 2025, to January 21, 2026 [1] - The reduction is primarily based on personal funding needs of the employees [1] - **Individual Shareholder Plans** - Company director Ms. Yao Haixia plans to reduce her holdings by up to 1,785,000 shares, which is 1.03% of the total share capital, during the same three-month period [1]

证券代码：300952 证券简称：恒辉安防 公告编号：2025-132 江苏恒辉安防股份有限公司 关于大股东及部分董事、高级管理人员减持股份的 预披露公告 本公司及董事会全体成员保证公告内容真实、准确和完整，不存在任何虚假 记载、误导性陈述或者重大遗漏。 特别提示： 1、江苏恒辉安防股份有限公司（以下简称"公司"）控股股东、实际控制人 姚海霞女士、实际控制人王咸华先生、实际控制人王鹏先生与南通钥诚股权投资 中心（有限合伙）（以下简称"钥诚投资"）为一致行动人。上述人员将严格遵 守相关法律法规、规范性文件的规定以及监管要求实施减持计划。 2、钥诚投资是公司首次公开发行股票上市前为核心员工设立的员工持股平 台，持有公司 10,000,000 股（占剔除回购专用证券账户中股份数量后当前公司总 股本的 5.85%）。钥诚投资计划自本公告披露之日起 15 个交易日后的 3 个月内（即 2025 年 10 月 22 日至 2026 年 1 月 21 日期间）以集中竞价或大宗交易方式合计减 持公司股份不超过 2,267,500 股，占总股本的 1.31%（占剔除回购专用证券账户中 股份数量后公司总股本的 1.33%）本次减 ...

Summary of Key Points Core Viewpoint - The company Henghui Security announced that shareholder Nantong Yaocheng Equity Investment Center (Limited Partnership) plans to reduce its holdings by up to 2.2675 million shares, representing 1.31% of the total share capital, between October 22, 2025, and January 21, 2026 [1] Shareholder Reduction Plans - Nantong Yaocheng Equity Investment Center intends to reduce its stake through centralized bidding or block trading [1] - Director Yao Haixia also plans to reduce her holdings by up to 1.785 million shares, which accounts for 1.03% of the total share capital during the same period [1] Actions by Concerted Parties - Concerted parties may collectively reduce their holdings by up to 1.7088 million shares through centralized bidding within any continuous 90-day period [1] - Additionally, they may reduce their holdings by up to 3.4177 million shares through block trading [1]

Group 1 - The company Henghui Security stated on September 22 that as of September 19, 2025, the total number of shareholders is 14,650 [2]

证券日报网讯 恒辉安防（300952）9月22日发布公告，在公司回答调研者提问时表示，公司已出货的机 器人防护手套、腰封件、颈部包覆件等柔性关节保护件，因需适配机器人关节运动精度、防护性能及场 景需求（如耐磨损、轻量化、贴合度），在材料选型（以超高分子量聚乙烯纤维复合柔性材质为主）、 工艺复杂度（如精准裁切、定制化贴合设计）上与传统工业防护手套存在差异，因此单套产品价值量高 于普通安全防护手套，具体数值受下游客户定制化需求、采购规模等因素影响。价格方面，机器人防护 手套与公司主营的高端安全防护手套价格区间有一定重合，但因机器人手套需针对特定机型做适配开 发，存在定制化溢价，整体单价略高于常规批量生产的高端安全防护手套。后续随着相关产品订单规模 扩大及生产工艺优化，公司将进一步平衡产品性价比与盈利能力。 ...

Core Viewpoint - Henghui Security (300952) has made substantial progress in its Vietnam factory project for producing 16 million pairs of functional safety gloves annually, with the first PU glove production line achieving stable output and other production lines accelerating installation and trial production [1] Group 1: Production Progress - The first PU glove production line has completed debugging and is now achieving stable mass production [1] - Other product lines are rapidly advancing in installation, debugging, and trial production [1] Group 2: Capacity Expectations - The company maintains an optimistic outlook on capacity ramp-up, leveraging 20 years of experience in the security glove sector to efficiently address production line adjustments and process optimizations [1] - The favorable trade environment in Vietnam is expected to assist in order acquisition and delivery [1] Group 3: Business Growth Support - As production lines gradually come online, combined with the company's established global brand reputation and sales channels, the Vietnam factory's capacity is anticipated to be released progressively [1] - The company expects a steady increase in capacity utilization, facilitating an efficient conversion from "production line mass production - order acquisition - delivery" to support overseas business growth [1]

Core Viewpoint - Henghui Security (300952) announced on September 22 that it is steadily advancing its planned annual production of 110,000 tons of biodegradable polyester rubber project using a "one-time planning, three-phase construction" model [1] Group 1: Project Development - The first phase of the project, which involves 10,000 tons, officially commenced in August 2024 and is progressing according to the established plan [1] - The company aims to achieve stable production of qualified rubber materials that meet design performance requirements, accumulating valuable experience for subsequent project construction and market expansion [1] Group 2: Market Strategy - The market sales price of biodegradable rubber will consider multiple factors, including raw material costs, industry technology added value, market supply and demand dynamics, and policy guidance [1] - The pricing strategy will be developed to ensure competitiveness, aligning price levels with product value and market acceptance [1] Group 3: Customer Development - The company is actively conducting market engagement work in line with the commercialization progress, having established preliminary communication with potential customers in downstream application fields [1] - Some cooperation intentions are in the deepening negotiation stage, and the company will continue to leverage its technological advantages and product characteristics to steadily advance customer reserves and order conversion [1]

Core Viewpoint - The company emphasizes its strategic focus on the robotics sector, viewing it as a core direction for expanding high-end applications of ultra-high molecular weight polyethylene fiber materials [1] Group 1: Strategic Focus - The company has established a layered development plan from core components to scenario-based solutions, concentrating on three main areas: robotic tendons, lightweight shell materials, and flexible joint protective components [1] - A specialized research team for robotics has been formed based on the industrial technology research institute, focusing on the application development of materials in the robotics field [1] Group 2: Collaborative Development - The company is actively exploring industry chain collaboration, having initiated joint development of integrated products such as tendon + sensor modules and robotic protective gloves + electronic skin with third parties [1] - Ongoing technical exchanges with core component manufacturers and research institutions are aimed at material adaptation and scenario applications, with plans for deeper joint development or strategic cooperation based on technological alignment and collaboration suitability [1] Group 3: Market Expansion and Value Creation - The core logic of the company's robotics application planning is rooted in materials, progressing from components to solutions, with a focus on product implementation capability and long-term value [1] - The company aims to accelerate technology transformation and market expansion, striving to create more value for investors [1]

Group 1: Company Strategy and Development - The company places high importance on the development of robotics, viewing it as a core direction for expanding high-end applications of ultra-high molecular weight polyethylene (UHMWPE) fiber materials [1][2]. - The strategic plan focuses on a layered development approach, emphasizing core components, lightweight materials, and flexible joint protection parts [2][3]. - A dedicated robotics R&D team has been established to enhance material applications in robotics, with ongoing collaborations with various robotics companies [2][6]. Group 2: Market Potential and Business Outlook - The future market space for the company's robotics-related business is promising, driven by global trends in automation and intelligent upgrades [3][4]. - The company aims to leverage its technological advantages and production capacity to convert material strengths into market competitiveness, with a planned release of 4,800 tons of UHMWPE fiber capacity [3][5]. - The company anticipates steady growth in the robotics sector, supported by continuous R&D and optimized production capabilities [3][6]. Group 3: Product Value and Pricing - The value of products such as robotic protective gloves is higher than traditional safety gloves due to specific material requirements and customization [4][5]. - The pricing of robotic gloves overlaps with high-end safety gloves but includes a customization premium, resulting in slightly higher overall prices [4][5]. Group 4: Production Capacity and Expansion Plans - The company currently has a production capacity of 3,000 tons of UHMWPE fiber, primarily for internal use and limited external sales [5][6]. - The 4,800-ton UHMWPE fiber project is progressing as planned, with production expected to ramp up soon [5][6]. - Future plans include an additional 12,000 tons of capacity, with the remaining 7,200 tons to be initiated based on market demand [5][6]. Group 5: Competitive Advantages - The company's competitive edge in robotics application development stems from its strong material research and industry chain collaboration [6]. - The organization has established a specialized robotics R&D group to ensure alignment with customer needs and facilitate small-batch supply [6][7]. Group 6: New Projects and Market Development - The biodegradable polyester rubber project is progressing with an annual production target of 110,000 tons, with the first phase of 10,000 tons already underway [7]. - The pricing strategy for biodegradable rubber will consider multiple factors, including raw material costs and market dynamics [7]. - The company is actively engaging potential customers for the biodegradable rubber project, with some discussions in advanced stages [7].

证券代码：300952 证券简称：恒辉安防 公告编号：2025-131 江苏恒辉安防股份有限公司 关于签订募集资金三方监管协议的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、募集资金基本情况 根据中国证券监督管理委员会《关于同意江苏恒辉安防股份有限公司向不特 定对象发行可转换公司债券注册的批复》（证监许可〔2024〕1063 号）， 江苏 恒辉安防股份有限公司（以下简称"公司"）向不特定对象发行 500 万张可转换 公司债券，每张面值为人民币 100 元，募集资金总额人民币 50,000.00 万元，扣 除各项发行费用后的实际募集资金净额为 49,260.13 万元。 上述募集资金已全部到账，立信会计师事务所（特殊普通合伙）已于 2024 年 8 月 27 日对公司上述募集资金到位情况进行了验证，并出具了《江苏恒辉安 防股份有限公司可转换公司债券募集资金到位情况鉴证报告》（信会师报字[2024] 第 ZA14213 号）。 二、本次《募集资金三方监管协议》的签订和募集资金专户的开立情况 为了规范募集资金的管理和使用，保护投资者权益，根据《深圳证券交 ...