Group 1: Business Growth and Strategy - The company plans to focus on the growth of air compressor and hydraulic components while expanding the application of continuous cast iron materials in transmission components [2] - Customized development will be conducted for different application scenarios of transmission components to meet the needs of reducers and gears, aiming to explore new business growth points [2] Group 2: Core Business and Technology - The company specializes in the R&D, production, and sales of precision machined parts and continuous cast iron components, being one of the few high-tech enterprises mastering core continuous cast iron technology [2] - Continuous ductile iron materials and precision machined parts are used in the manufacturing of robot reducers [2] Group 3: Industry Outlook and Performance - The overall industry is developing steadily, and the company has disclosed relevant industry information in its 2024 annual report [3] - The company has plans for 2025, which are also detailed in the 2024 annual report [3] Group 4: Collaborations and Partnerships - The company has invested in Pasini Robotics but currently has no deep cooperation with related enterprises [3] - Initial cooperation has begun with Zhiyuan for robot structural components, although it is still in the early stages [5] Group 5: Material Development and Innovation - The company has developed continuous ductile iron materials suitable for RV/harmonic reducers, which offer high rigidity, wear resistance, ease of processing, and lightweight advantages [5] - The company is focusing on the R&D of ADI materials, which is considered a key project for future business development [5]

Group 1 - The report highlights that Meta's capital expenditure (CapEx) for Q1 2025 has doubled to $13.7 billion, reflecting a year-on-year increase of 103.90% and an upward revision of the 2025 full-year CapEx forecast to between $64 billion and $72 billion, driven by increased investments in AI and data centers [2] - Several national-level computing center projects in China are expected to be launched, with companies like Alibaba planning to invest over 380 billion yuan in cloud and AI hardware infrastructure over the next three years, marking the largest investment in this sector by a private company in China [2] - The semiconductor industry is projected to continue its optimistic growth trajectory in 2025, with strong demand from data centers and consumer electronics, leading to increased orders for major companies like Nvidia and Qualcomm [3][4] Group 2 - The report indicates that Henggong Precision has achieved a compound annual growth rate (CAGR) of 14.5% in revenue and 10.9% in net profit from 2018 to 2023, although a significant decline in performance is expected in 2024 due to asset impairment [4][6] - The company is leveraging its technical advantages in ductile iron materials and continuous casting processes to improve product quality and yield, positioning itself for growth in the machinery sector [4][6] - Zhejiang Dingli has reported a significant improvement in its Q1 2025 performance, with revenue of 1.898 billion yuan, a year-on-year increase of 30.72%, and a net profit of 429 million yuan, reflecting a 41.83% increase [18][30] Group 3 - The report notes that the gold industry achieved total revenue of 291.588 billion yuan in 2024, with a year-on-year increase of 2.83%, and a significant rise in net profit by 51.56% to 12.305 billion yuan [9] - Copper supply and demand remain tight, with high production levels maintained by smelters, and the report suggests monitoring companies like Zijin Mining and China Nonferrous Mining for potential investment opportunities [9] - The report emphasizes the importance of the semiconductor sector, particularly in AI and data center applications, as a key area for growth and investment in the upcoming quarters [3][11]

河北恒工精密装备股份有限公司（以下简称"公司"）《2024 年年度报告》 及其摘要等相关文件已于 2025 年 4 月 29 日在中国证监会指定创业板信息披露 媒体巨潮资讯网上发布。为便于广大投资者进一步了解公司的财务状况、经营情 况及公司发展规划，公司定于 2025 年 5 月 16 日（星期五）下午 15:00-17:00 在全景网举办 2024 年度网上业绩说明会。本次年度业绩说明会将采用网络远程 方式举行，投资者可登陆全景网"投资者关系互动平台"（http://ir.p5w.net）参 与本次网上业绩说明会。 出席公司本次业绩说明会的人员有：董事长兼总经理魏志勇先生，董事、财 务总监兼董事会秘书刘东先生，独立董事戎梅女士。 为充分尊重投资者、提升交流的针对性，现就公司 2024 年度网上业绩说明 会提前向投资者公开征集问题，广泛听取投资者的意见和建议。投资者可于 2025 年 5 月 16 日前访问 http://ir.p5w.net/zj/，或扫描下方二维码，进入问题征集专题 页面。公司将在 2024 年度网上业绩说明会上，对投资者普遍关注的问题进行回 答。 欢迎广大投资者积极参与。 特此公告。 河 ...

证券代码：301261 证券简称：恒工精密 公告编号：2025- 015 孙宇翔先生所负责的工作已顺利交接，其辞职不会影响公司相关工作的正常 进行。截至本公告日，孙宇翔先生未持有公司股票，亦不存在应当履行而未履行 的承诺事项。公司董事会对孙宇翔先生在任职期间对公司所做出的贡献表示衷心 的感谢。 特此公告。 河北恒工精密装备股份有限公司 董 事 会 2025 年 5 月 6 日 河北恒工精密装备股份有限公司 关于证券事务代表辞职的公告 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。 河北恒工精密装备股份有限公司(以下简称"公司")董事会于近日收到公司 证券事务代表孙宇翔先生递交的书面辞职报告，孙宇翔先生因个人原因申请辞去 公司证券事务代表职务。根据《深圳证券交易所创业板股票上市规则》等的有关 规定，孙宇翔先生的辞职报告自送达董事会之日起生效，辞职后将不再担任公司 任何职务。 ...

Core Insights - In 2024, Henggong Precision (301261.SZ) continues to focus on technology and market orientation, driving breakthroughs and applications in high-end equipment components [1] - The company reported a revenue of 1.033 billion yuan in 2024, representing a year-on-year growth of 16.91% [2] - The company plans to distribute a cash dividend of 2.5 yuan per 10 shares, totaling 21.9725 million yuan [3] Revenue Growth - The revenue for the fourth quarter increased by 21.90% quarter-on-quarter to 286 million yuan, indicating a recovery in market demand [2] - Revenue from hydraulic equipment components grew by over 30%, with continuous casting iron and hydraulic equipment generating revenues of 338 million yuan and 341 million yuan, respectively, reflecting growth rates of 2.03% and 31.73% [4] - The transmission components revenue surged by 70.02% to 26 million yuan, while air compression components contributed 227 million yuan [4] Strategic Focus - Henggong Precision is actively developing its robot core components business, which is seen as a strategic direction for future growth [5] - The company has established partnerships with strategic clients to enhance its product offerings in the humanoid robot sector, focusing on high-value components such as RV and harmonic reducer parts [5][6] - The company is committed to increasing its R&D investment, which reached approximately 38.66 million yuan, a 30.78% increase from the previous year [7] Market Position - Henggong Precision holds a 63% market share in the domestic market for continuous casting iron products, ranking first, and a 19% share globally, ranking second [2] - The company is leveraging the "Belt and Road" initiative to enhance international cooperation and market development [4] Future Outlook - The company plans to continue expanding its production capacity for new energy vehicle components and robot structural parts, seeking new business growth points [8] - By 2025, Henggong Precision aims to enhance the proportion of precision machining core components and build a comprehensive service platform for customers [7]

Core Viewpoint - The company experienced revenue growth in 2024, but net profit significantly declined, indicating challenges in profitability despite increased sales [1][15]. Financial Performance - Revenue for 2024 reached ¥1,032,610,976.57, a 16.91% increase from ¥883,270,113.96 in the previous year, driven by enhanced market development and optimized product structure [2]. - Net profit attributable to shareholders was ¥69,671,087.19, down 44.99% from ¥126,649,029.68, primarily due to rising costs in various areas including operating, research and development, financial, and management expenses [2]. - Operating costs increased by 18.71% to ¥779,840,887.53, reflecting the expansion of main business revenue and corresponding procurement costs [2]. - Research and development expenses rose by 30.78% to ¥38,656,851.31, highlighting the company's commitment to innovation [2]. - Financial expenses surged by 352.50% to ¥21,746,461.42, mainly due to increased loan and discount interest costs [2]. - Management expenses increased by 52.70% to ¥58,836,317.55, driven by higher service fees and personnel salaries [2]. - The company's net profit excluding non-recurring items was ¥34,920,637.27, a 68.69% decrease from ¥111,528,467.74, indicating a growing reliance on non-recurring gains [2]. Earnings Per Share - Basic earnings per share for 2024 were ¥0.79, down 53.25% from ¥1.69, reflecting the significant drop in net profit [3]. - The diluted earnings per share also showed a notable decline, indicating weakened core business profitability [3]. Expense Analysis - Sales expenses increased by 26.37% to ¥30,045,175.50, attributed to enhanced market expansion efforts and increased sales personnel compensation [4]. - Management expenses rose significantly, reflecting the complexities of managing a growing business [4]. - Financial expenses saw a dramatic increase, which could pressure future profitability [4]. - Research and development expenses were prioritized, with a focus on enhancing product competitiveness despite short-term profit impacts [4]. Cash Flow Situation - The net cash flow from operating activities was -¥14,237,523.24, a 147.07% decrease from ¥30,244,594.52, indicating slower cash recovery and potential issues with accounts receivable or inventory [5]. - The net cash flow from investing activities improved by 52.69% to -¥448,389,894.84, primarily due to increased inflows from redeeming financial products [5]. - The net cash flow from financing activities decreased by 77.39% to ¥267,566,356.73, reflecting higher outflows for debt repayment [5]. Research and Development - The company invested ¥38,656,851.31 in research and development, accounting for 3.74% of revenue, an increase from 3.35% the previous year [7]. - The number of R&D personnel grew from 111 to 149, a 34.23% increase, with a notable rise in the number of staff holding higher degrees [8].

证券代码：301261 证券简称：恒工精密 公告编号：2025-008 一、重要提示 本年度报告摘要来自年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展规划，投资者 应当到证监会指定媒体仔细阅读年度报告全文。 所有董事均已出席了审议本报告的董事会会议。 立信会计师事务所（特殊普通合伙）对本年度公司财务报告的审计意见为：标准的无保留意见。 非标准审计意见提示 □适用 √不适用 公司上市时未盈利且目前未实现盈利 □适用 √不适用 董事会审议的报告期利润分配预案或公积金转增股本预案 √适用 □不适用 公司经本次董事会审议通过的利润分配预案为：以87,890,196股为基数，向全体股东每10股派发现金红 利2.50元（含税），送红股0股（含税），以资本公积金向全体股东每10股转增0股。 董事会决议通过的本报告期优先股利润分配预案 □适用 √不适用 二、公司基本情况 1、公司简介 ■ 2、报告期主要业务或产品简介 恒工精密主要专注于精密机加工件及连续铸铁件的研发、生产和销售，是少数掌握了连续铸铁核心技术 并能够为装备核心部件制造提供一站式服务的高新技术企业。目前，公司形成了"一项核心产品和工 艺、两项核心应 ...

证券代码：301261 证券简称：恒工精密 公告编号：2025-007 河北恒工精密装备股份有限公司 第二届监事会第八次会议决议公告 本公司及监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、监事会会议召开情况 河北恒工精密装备股份有限公司（以下简称"公司"）第二届监事会第八次 会议于 2025 年 4 月 28 日下午 14:00 在公司二楼第四会议室以现场方式召开， 本次监事会会议通知已于 2025 年 4 月 18 日以邮件或通讯形式发出。会议应到 监事 3 人，实到监事 3 人，董事会秘书列席了会议。会议由监事会主席付永晟 先生主持。本次会议的召集、召开和表决程序符合有关法律、行政法规、部门规 章、规范性文件和《公司章程》的规定，表决所形成的决议合法、有效。 二、监事会会议审议情况 全体监事经过充分审议，以书面记名投票表决方式通过了以下议案。 （一）审议通过了《关于<2024 年年度报告>及其摘要的议案》 经审议，监事会认为：董事会编制和审核公司《2024 年年度报告》及《2024 年年度报告摘要》的程序符合法律法规和中国证监会的规定，报告内容真实、准 确、 ...

证券代码：301261 证券简称：恒工精密 公告编号：2025-006 河北恒工精密装备股份有限公司 第二届董事会第八次会议决议公告 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。 一、董事会会议召开情况 河北恒工精密装备股份有限公司（以下简称"公司"）第二届董事会第八次 会议于 2025 年 4 月 28 日上午 9:00 在公司二楼第四会议室以现场结合通讯方式 召开，本次董事会会议通知已于 2025 年 4 月 18 日以邮件或通讯形式发出。会 议应出席董事 7 人，实际出席董事 7 人，其中以通讯方式出席的董事为魏志勇、 尉丽峰、翟进步、戎梅、焦健。部分监事和高级管理人员列席本次会议。会议由 董事长魏志勇先生召集并主持。本次会议的召集、召开和表决程序符合有关法律、 行政法规、部门规章、规范性文件和《公司章程》的规定，表决所形成的决议合 法、有效。 二、董事会会议审议情况 全体董事经过充分审议，以记名投票表决方式通过了以下议案。 （一）审议通过了《关于<2024 年年度报告>及其摘要的议案》 董事会经审核后认为，公司《2024 年年度报告》及《2024 年 ...

证券代码：301261 证券简称：恒工精密 公告编号：2025-013 河北恒工精密装备股份有限公司 关于 2024 年度利润分配预案的公告 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。 特别提示： 1、分配比例：每 10 股派发现金红利 2.50 元（含税）； 2、本次利润分配拟以 2024 年 12 月 31 日的总股本 87,890,196 股为基数， 具体实施权益分派股权登记日期将在权益分派实施公告中明确； 3、若在分配预案披露之日起至实施权益分派前公司总股本发生变动的，公 司拟按每股分配比例不变的原则，相应调整分红总额，并将另行公告具体调整情 况； 4、公司现金分红方案不触及《深圳证券交易所创业板股票上市规则》第 9.4 条第（八）项规定的可能被实施其他风险警示情形。 1、本次利润分配预案为 2024 年度利润分配； 2、根据公司 2024 年年度财务报告，2024 年 1-12 月合并报表归属于上市 公 司 股 东 净 利 润 为 69,671,087.19 元 ， 其 中 ， 母 公 司 实 现 的 净 利 润 为 72,868,557.66 ...