一、召开会议的基本情况 （一）股东会届次：2025 年第三次临时股东会 （二）股东会的召集人：董事会 证券代码：300952 证券简称：恒辉安防 公告编号：2025-154 江苏恒辉安防集团股份有限公司 关于召开 2025 年第三次临时股东会的通知 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。 江苏恒辉安防集团股份有限公司（以下简称"公司"）于 2025 年 12 月 12 日召开第三届董事会第二十二次会议，审议通过《关于提请召开 2025 年第三次 临时股东会的议案》，决定于 2025 年 12 月 29 日（星期一）召开公司 2025 年第 三次临时股东会。现将本次股东会的相关事项通知如下： （三）会议召开的合法、合规性：本次会议的召集、召开符合《中华人民共 和国公司法》《深圳证券交易所创业板股票上市规则》《深圳证券交易所上市公 司自律监管指引第 2 号—创业板上市公司规范运作》等法律、行政法规、部门规 章、规范性文件及《公司章程》的有关规定。 （四）会议召开的日期、时间： 1、现场会议时间：2025 年 12 月 29 日（星期一）下午 14:30 ...

证券代码：300952 证券简称：恒辉安防 公告编号：2025-149 江苏恒辉安防集团股份有限公司 第三届董事会第二十二次会议决议公告 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、董事会会议召开情况 江苏恒辉安防集团股份有限公司（以下简称"公司"）于 2025 年 12 月 10 日以书面送达、电话、电子邮件等方式向全体董事发出关于召开第三届董事会第 二十二次会议（以下简称"会议"）的通知，会议通知中包括会议的相关资料， 同时列明会议的召开时间、地点、内容和方式。经全体董事同意豁免本次会议通 知时限要求，会议于 2025 年 12 月 12 日在公司会议室以现场会议及通讯表决相 结合的方式召开，由半数以上董事共同推举王咸华先生召集并主持。会议应出席 董事 9 名，实际出席董事 9 名。公司部分高级管理人员列席了本次会议。本次会 议的召开符合《公司法》等法律法规和《公司章程》的有关规定。 2、审议通过《关于以债转股方式向全资子公司南通恒尚新材料科技有限公 司增资的议案》 根据公司发展战略及实际经营需要，进一步优化全资子公司南通恒尚新材料 科技有限公司（ ...

Core Viewpoint - The company, Henghui Security, is experiencing fluctuations in stock performance and is involved in the development and production of safety protective gloves and materials, with a significant focus on robotics and new materials applications. Group 1: Company Performance - On December 12, Henghui Security's stock fell by 1.85%, with a trading volume of 193 million yuan and a turnover rate of 5.45%, bringing the total market capitalization to 5.773 billion yuan [1] - For the period from January to September 2025, Henghui Security achieved a revenue of 880 million yuan, representing a year-on-year growth of 0.97%, while the net profit attributable to shareholders decreased by 12.85% to 81.98 million yuan [9] - The company has distributed a total of 149 million yuan in dividends since its A-share listing, with 101 million yuan distributed over the past three years [10] Group 2: Business Overview - Henghui Security specializes in the research, development, production, and sales of hand safety protective products, with functional safety gloves accounting for 95.45% of its main business revenue [4][9] - The company has a significant international presence, with overseas revenue accounting for 88.71%, benefiting from the depreciation of the RMB [4] - The company is exploring applications of ultra-high molecular weight polyethylene fibers in robotics, focusing on materials for robotic joints and other innovative applications [2][3] Group 3: Technological Development - The company has developed key technologies for producing high-performance fibers containing graphene, enhancing cut resistance and comfort in protective gloves [3] - In the robotics sector, the company is collaborating with leading firms to advance the application of ultra-high molecular weight polyethylene fibers in robotic materials [3] - The company is also engaged in multiple R&D projects for graphene-based products, including conductive polyurethane gloves and heating sewn gloves [3]

Core Viewpoint - The company, Henghui Security, is experiencing fluctuations in stock performance and is involved in the development and production of safety protective products, particularly focusing on hand safety gloves and advanced materials for robotics applications [1][4][9]. Group 1: Company Performance - On December 11, Henghui Security's stock fell by 3.29%, with a trading volume of 249 million yuan and a market capitalization of 5.882 billion yuan [1]. - For the period from January to September 2025, the company achieved a revenue of 880 million yuan, representing a year-on-year growth of 0.97%, while the net profit attributable to shareholders decreased by 12.85% to 81.98 million yuan [9]. - The company has distributed a total of 149 million yuan in dividends since its A-share listing, with 101 million yuan distributed over the past three years [10]. Group 2: Business Overview - Henghui Security specializes in the research, production, and sales of hand safety protective products, with functional safety gloves accounting for 95.45% of its main business revenue [4][9]. - The company has developed high-performance fibers incorporating graphene, enhancing cut resistance and comfort in its products, and is working on various R&D projects including graphene conductive polyurethane gloves [3][4]. - The company has a significant international presence, with overseas revenue accounting for 88.71%, benefiting from the depreciation of the Chinese yuan [4]. Group 3: Industry Trends - The robotics sector presents substantial growth potential, with the company actively engaging in the development of materials for robotic applications, including high molecular weight polyethylene fibers [2][3]. - The company is exploring innovative applications of high-performance materials in robotics, although these developments are still in the exploratory and ongoing development stages [3].

人民财讯12月10日电，恒辉安防（300952）在机构调研中表示，结合行业发展规律与自身技术积累，公 司认为机器人皮肤衣、皮肤手套正从"辅助部件"升级为"核心刚需"，是人形机器人从B端工业场景向家 庭服务、医疗健康、办公、社区、消费娱乐等To C服务场景延伸的关键支撑。要最终实现真正意义上的 电子皮肤衣、电子皮肤手套，还有很大挑战，公司将依托自身制造与原材料布局优势，稳步推进相关产 品研发落地，力争抢占细分领域先机。 ...

Group 1: Company Overview - Jiangsu Henghui Security Group Co., Ltd. was established in 2004 and is headquartered in Nantong, Jiangsu, focusing on functional safety protective gloves [1] - The company has been dedicated to the niche market of functional safety gloves for 21 years, differentiating itself from ordinary yarn gloves and disposable nitrile gloves [1] Group 2: Production Capacity Expansion - The company has initiated a large-scale expansion plan with a domestic capacity of 72 million pairs and a Vietnam capacity of 16 million pairs, currently accelerating production line adjustments and capacity release [2] Group 3: Diversification and New Business Segments - The company is extending its business upstream, creating a diversified ecosystem with two new growth areas: 1. Ultra-high molecular weight polyethylene fiber business, with a total planned capacity of 12,000 tons, where 3,000 tons are already operational [3] 2. Biodegradable polyester rubber business, with a planned capacity of 110,000 tons, aiming for mass production by the end of the lunar year [3] Group 4: Robotics Business Development - The robotics business is a natural extension of the company's core operations, leveraging its expertise in glove manufacturing to develop robotic skin and joint protection products [4][5] - The company is actively developing integrated solutions for robotic tendon ropes and flexible joint protection components, with successful product deliveries already achieved [6] Group 5: Market Trends and Future Outlook - The company anticipates that robotic skin and gloves will transition from auxiliary components to core necessities, supporting the expansion of humanoid robots into various consumer service scenarios [6][7] - The company is committed to a phased approach for technological development, focusing on integrating sensors into skin products to reduce costs and enhance market adaptability [8] Group 6: Order Status and Market Response - The company reports a positive trend in glove orders, with recovery in the U.S. market following the easing of tariff policies and increased production capacity in Vietnam [8]

Core Viewpoint - The company, Henghui Security, is experiencing fluctuations in stock performance and is involved in the development of advanced materials for robotics and safety products, with a significant portion of its revenue coming from overseas markets benefiting from currency depreciation [1][4]. Group 1: Company Overview - Henghui Security Group Co., Ltd. specializes in the research, production, and sales of hand safety protective products, primarily functional safety gloves with a "fiber + coating" dual protection structure [4][8]. - The company was established on April 15, 2004, and went public on March 11, 2021 [8]. Group 2: Financial Performance - For the period from January to September 2025, Henghui Security achieved operating revenue of 880 million yuan, a year-on-year increase of 0.97%, while net profit attributable to shareholders decreased by 12.85% to 81.98 million yuan [9]. - The company's overseas revenue accounted for 88.71% of total revenue, benefiting from the depreciation of the Chinese yuan [4]. Group 3: Product Development and Innovation - The company has developed various products for humanoid robots, including protective gloves and flexible joints, which have been delivered for use [2]. - In the field of new materials, the company has mastered key technologies for producing high-performance fibers containing graphene, enhancing cut resistance and comfort [3]. Group 4: Market Position and Trends - The main business revenue composition includes functional safety gloves (95.45%), ultra-high molecular weight polyethylene fibers and composite materials (3.47%), and other protective products [9]. - The company is actively exploring applications of ultra-high molecular weight polyethylene fibers in robotics and other innovative material uses, although these applications are still in the exploratory and development stages [3].

Investment Rating - The industry investment rating is "Positive" (maintained) [1] Core Insights - The humanoid robot sector continues to rebound, entering an upward channel, with the core company index rising by 5.54%, outperforming the broader market [12][11] - Multiple factors contributed to the unexpected strength of the rebound, including prior adjustments in the sector, advancements in Tesla's Optimus robot, and anticipated supportive policies from the U.S. government [4][12] - The year 2026 is projected to be a milestone for humanoid robot mass production, with significant catalysts expected [4][40] Summary by Sections Humanoid Robot Sector Performance - The humanoid robot sector index and leading stocks have shown a continued rebound, with the core company index increasing by 5.54% during the week of December 1 to December 5, 2025 [12][11] - The top five performers included Hengli Hydraulic (+11.53%), Siling Co. (+10.07%), and Wuzhou Xinchun (+9.24%) [12][14] Optimus Robot Development - Tesla's Optimus robot is progressing towards mass production, with recent demonstrations showcasing its running capabilities, achieving speeds of 2.5-3 m/s [5][16] - The U.S. government is expected to introduce supportive policies for the robot industry, which may accelerate development and enhance market confidence [31][33] - The domestic industrialization process is also speeding up, with leading companies preparing for capital market entry [34][38] Investment Opportunities - Key investment opportunities are identified in the supply chain, including components such as head assemblies, bearings, and structural parts [27][30] - Specific companies recommended for investment include Lens Technology, Minth Group, and Wuzhou Xinchun, among others [6][30] - The report emphasizes the importance of technological upgrades and supply chain integration to support mass production [27][30]

（记者 王晓波） 每经AI快讯，恒辉安防（SZ 300952，收盘价：35.2元）12月5日晚间发布公告称，截至本公告日，公司 及其控股子公司正在执行的累计审批对外担保总额为人民币5.1亿元，占公司2024年底经审计净资产的 41.96%。本次担保实施后，公司及其控股子公司累计审批对外担保总额为人民币5.9亿元，占公司2024 年底经审计净资产的48.54%，均为对全资子公司及全资孙公司的担保。 2025年1至6月份，恒辉安防的营业收入构成为：纺织业-制造业占比100.0%。 截至发稿，恒辉安防市值为61亿元。 每经头条（nbdtoutiao）——秒光、售罄！银行大额存单成稀缺资源，2%以上产品很难抢，有的门槛高 达1000万元！专家：存款利率或长期下行 ...

江苏恒辉安防集团股份有限公司（以下简称"公司"）于 2025 年 12 月 5 日召开的第三届董事会第二十一次会议审议通过了《关于为全资子公司向银行申 请授信提供担保的议案》，现将相关情况公告如下： 一、申请综合授信及担保情况概述 证券代码：300952 证券简称：恒辉安防 公告编号：2025-148 江苏恒辉安防集团股份有限公司 关于为全资子公司向银行申请授信提供担保的公告 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。 5、经营范围：投资控股，企业管理咨询服务，供应链运营、技术咨询，进 出口贸易 6、与本公司关系：公司下属全资子公司，其未被列为失信被执行人。 为满足全资孙公司恒辉（越南）安全防护用品有限公司越南工厂的营运资金 需求，公司全资子公司恒辉（香港）投资发展有限公司（以下简称"恒辉香港公 司"）拟向招商银行股份有限公司南通分行申请授信额度不超过人民币 8,000.00 万元（含），授信期限为 1 年，实际用于恒辉（越南）安全防护用品有限公司的 日常经营所需。恒辉香港公司向银行申请的授信额度最终以银行实际审批的授信 额度为准，授信额度不等于恒辉香港公 ...