Investment Rating - The investment rating for the company is "Buy" (maintained) [4] Core Insights - The company has established a joint laboratory with Lenovo Motorola to advance its 3D printing capabilities, focusing on the lightweight and complex structural design needs of communication devices, which is expected to become a significant growth driver [1] - The company is strategically positioning itself in the entire 3D printing industry chain, anticipating a future explosion in the consumer market for 3D printing [2] - The company is diversifying its business into semiconductor metal heat sinks and optical communication components, as growth in its traditional consumer electronics segment is limited [3] Summary by Sections 3D Printing Initiatives - The joint laboratory with Lenovo Motorola aims to enhance the economic and precision aspects of manufacturing complex structural components, potentially shortening the product development cycle and fostering innovation [1] - The company’s subsidiary has developed 3D printing equipment capable of printing titanium and aluminum, which supports mass production capabilities [2] Semiconductor and Optical Communication - The company is entering the semiconductor metal heat sink market, which is crucial for managing heat in advanced semiconductor devices, especially as chip technology advances [3] - The company has expanded its operations to include manufacturing and sales of optical communication devices, leveraging its automation capabilities to improve production efficiency [3] Financial Projections - Projected revenues are expected to grow from 830.33 million in 2024 to 2,410 million by 2027, with a compound annual growth rate of approximately 41.68% [10] - The net profit is projected to turn positive in 2025, reaching 52.29 million, and further increasing to 248.04 million by 2027 [10]

Group 1 - Zhongwei Company plans to acquire controlling stake in Hangzhou Zhonggui through share issuance, with stock suspension starting December 19, 2025, for up to 10 trading days [1] - Qibin Group's subsidiary plans to establish Shenzhen Qibin New Energy Technology Co., with a registered capital of 600 million yuan to enhance photovoltaic glass supply chain efficiency [2] - Boying Special Welding's HRSG equipment is primarily matched with heavy gas turbines, with a production cycle of about 6 months, responding to increased demand in the U.S. market [3] Group 2 - Hongda Electronics' associate Jiangsu Zhanxin's application for IPO on the ChiNext has been accepted, with Hongda holding 13.79% of shares prior to the offering [5] - Yinxing Energy plans to acquire 50% stake in Tianjing Shenzhou for 20.15275 million yuan, which will enhance its renewable energy capacity [6] - Nandu Power's controlling shareholder has terminated plans for a change in control, leading to stock resumption on December 19, 2025 [7] Group 3 - Xibu Mining's subsidiary has obtained a mining license for iron resources, supporting sustainable development in the iron resource sector [9] - Shandong Expressway plans to provision for a long-term equity investment impairment of approximately 690 million yuan related to Dongxing Securities [10] - Tianfeng Securities has signed a supplementary agreement to extend the term of a 4 billion yuan subordinated debt by one year, with an adjusted interest rate of 4% [11] Group 4 - Shandong Zhanggu has received an administrative regulatory decision from the Shandong Securities Regulatory Commission for various compliance issues [12] - Nanjing Pharmaceutical plans to invest 120 million yuan to establish a medical device investment company, focusing on acquiring a stake in Ningbo Jiangfeng [13] - Hailianxun has received approval from the CSRC for a share swap merger with Hangzhou Steam Turbine, proceeding with related transactions [14] Group 5 - Luyuan Pharmaceutical reports normal operations with no significant changes in the internal and external business environment [15] - Nanhua Futures has set the H-share public offering price at 12 HKD per share, with expected listing on December 22, 2025 [17] - Visionox plans to invest 3.918 billion yuan in the second phase of the Hefei Guoxian AMOLED production line project, increasing its stake to 37.73% [18] Group 6 - Sichuan Road and Bridge has been acquired by Zhong Postal Insurance, reaching a 5% stake [19] - Boshuo Technology's directors plan to reduce their holdings by up to 18,300 shares [20] - O-film's controlling shareholder transferred 67.7048 million shares to settle debts, maintaining control with a 5.78% stake post-transfer [21] Group 7 - Junshi Biosciences' shareholder plans to reduce holdings by up to 2% through block trading [22] - Lihu Co. plans to reduce holdings by up to 2.98% through various trading methods [23] - Ruichen Environmental plans to reduce holdings by up to 3% through trading [25] Group 8 - Zhongfutong received a winning bid notification for a project worth approximately 411 million yuan [29] - Shikong Technology won a 141 million yuan project for smart cultural tourism integration [30] - Ningbo Construction's subsidiary won a 747 million yuan engineering project [31]

Core Insights - The establishment of a joint 3D printing laboratory between Hongrida (301285) and Lenovo Motorola aims to enhance manufacturing efficiency and precision for complex structures, create a closed-loop from R&D to mass production, and foster innovation through collaboration between industry, academia, and research [1][2] Group 1: Company Overview - Hongrida is a national high-tech enterprise specializing in the R&D and production of precision connectors, structural components, and supporting molds, with applications in consumer electronics and automotive electronics [1] - The company is focusing on expanding its product offerings in semiconductor packaging metal heat sinks, optical communication devices, and 3D printing products to optimize its main product structure and create a second growth curve [1] Group 2: Technological Advancements - Hongrida possesses hundreds of various equipment, including 3D printing, CNC, and injection molding, enabling a full-process self-research capability from equipment development to product printing and post-processing [1] - The application of 3D printing technology includes consumer electronic structural components, semiconductor heat dissipation modules, and smart wearable products, with new products already being sampled to clients in the consumer electronics and computing sectors [1] Group 3: Strategic Direction - The company is transitioning from a precision parts manufacturer to a "precision manufacturing + solutions" provider, with the joint laboratory expected to drive breakthroughs in 3D printing and create new business growth points [2] - Innovations in processes are anticipated to enhance production efficiency and material utilization, supporting the stability and improvement of profit margins [2]

本报讯(记者陈红)12月17日，深耕精密制造领域20年的鸿日达（301285）科技股份有限公司(以下简 称"鸿日达")与联想摩托罗拉正式揭牌成立3D打印联合实验室。联想摩托罗拉全球研发中心上海开发部 负责人史永来、鸿日达集团副总经理焦允忠及相关人士出席揭幕仪式。 鸿日达代表在揭牌仪式上表示，公司将全力投入资源，与联想摩托罗拉共同深化3D打印技术在电子产 品结构件、散热部件等场景的应用探索。双方将以技术创新为桥梁，推动智能制造转型升级，在消费电 子3D打印市场抢占先机，为用户带来更轻、更薄、性能更优的产品解决方案，助力国产3D打印技术在 消费电子领域实现更高水平国产替代。 联合实验室将聚焦金属3D打印工艺的开发与应用，重点攻克通信设备轻量化、结构设计复杂化的核心 升级需求，确立三大核心目标：一是实现复杂结构件制造经济性与精密性的双重保障；二是打造"研发 —测试—量产"全流程闭环，缩短技术成果转化周期；三是联动产学研多方资源，培育行业创新力量。 此次合作实现强强联合、优势互补。鸿日达本部位于江苏昆山，是江苏省高新技术企业，拥有百余项国 家专利及完备的认证体系。其控股子公司鸿拓鑫三维科技(东台)有限公司专司3D打印 ...

12月17日，鸿日达(301285)与联想摩托罗拉3D打印联合实验室迎来启航时刻。联想摩托罗拉全球研发中 心上海开发部负责人史永来、鸿日达副总经理焦允忠及相关人士出席揭幕仪式。双方设立的联合实验室 聚焦金属3D打印工艺，正是瞄准通信设备轻量化、结构设计复杂化的升级需求。 3D打印在轻量化、集成化、复杂结构成型等领域有着先天优势。其中，消费电子行业是3D打印技术的 重要应用场景之一。例如，折叠屏手机的铰链、手表和手机中框等精密零部件等，都可以应用3D打印 技术进行生产。据了解，鸿日达运用3D打印技术制作的新产品已经开始对消费电子和计算机行业的客 户进行送样，并有小批量产品交付。 如今，鸿日达与联想摩托罗拉设立联合实验室，有望推动公司在3D打印领域实现新的突破。据了解， 联合实验室将聚焦三大核心：一是实现复杂结构件制造经济性与精密性双保证；二是打造"研发—测试 —量产"闭环，缩短成果转化周期；三是联动产学研，培育创新力量。鸿日达相关人士表示，公司将全 力投入资源，与联想摩托罗拉并肩深耕，以技术为桥，共创行业新价值。 作为国内连接器行业头部企业，鸿日达在继续加强连接器、机构件产品拓展的同时，以半导体封装级金 属散热 ...

Core Insights - On December 15, a total of 47 stocks appeared on the trading leaderboard, with 25 showing net institutional buying and 22 showing net selling [2] Institutional Buying - The top three stocks with the highest net institutional buying were Zhengbang Technology, Leike Defense, and Zhenlei Technology, with net buying amounts of 904 million, 151 million, and 147 million respectively [2][3] - Zhengbang Technology experienced a price increase of 4.48% on that day [3] - Leike Defense saw a significant price increase of 10.03% [3] - Zhenlei Technology had a notable price increase of 12.07% [3] Institutional Selling - The top three stocks with the highest net institutional selling were China Uranium Industry, Boying Special Welding, and Anfu Technology, with net selling amounts of 115 million, 79.82 million, and 76.49 million respectively [2][4] - China Uranium Industry experienced a price increase of 8.20% despite the net selling [4] - Anfu Technology saw a price decrease of 3.15% [4] - Boying Special Welding had a slight price increase of 0.66% [4]

证券代码：301285 证券简称：鸿日达 公告编号：2025-086 因前述增加经营范围事宜，公司拟将《公司章程》中有关经营范围对应条款进行修订， 具体内容如下： | | | | 第十四条 经依法登记，公司经营范围："许可 | 第十四条 经依法登记，公司经营范围："许可 | | --- | --- | | 项目：货物进出口；技术进出口（依法须经批准的 | 项目：货物进出口；技术进出口；民用航空器零部 | | 项目，经相关部门批准后方可开展经营活动，具体 | 件设计和生产（依法须经批准的项目，经相关部门 | | 经营项目以审批结果为准）一般项目：软件开发； | 批准后方可开展经营活动，具体经营项目以审批结 | | 电子元器件制造；电子元器件与机电组件设备销售； | 果为准）一般项目：软件开发；电子元器件制造； | | 模具制造；模具销售；锻件及粉末冶金制品制造； | 电子元器件与机电组件设备销售；模具制造；模具 | | 锻件及粉末冶金制品销售；工业自动控制系统装置 | 销售；锻件及粉末冶金制品制造；锻件及粉末冶金 | | 制造；金属制品研发；金属制品销售；电机制造； | 制品销售；工业自动控制系统装置制造；金属 ...

证券代码：301285 证券简称：鸿日达 公告编号：2025-087 鸿日达科技股份有限公司 关于 2025 年第三次临时股东会增加临时提案 暨股东会补充通知的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 鸿日达科技股份有限公司（以下简称"公司"）于 2025 年 12 月 6 日在巨潮资讯网披露 了《关于召开 2025 年第三次临时股东会的通知》（公告编号：2025-083），公司决定于 2025 年 12 月 22 日召开 2025 年第三次临时股东会，审议《关于变更部分募投项目的议案》。 公司于 2025 年 12 月 11 日召开第二届董事会第二十次会议，审议通过《关于变更公司经 营范围及修订<公司章程>的议案》，该议案尚需提交公司股东会审议，具体内容详见公司在 巨潮资讯网发布的《关于变更公司经营范围及修订<公司章程>的公告》（公告编号：2025-086）。 为提高决策效率，2025 年 12 月 11 日，公司控股股东王玉田先生向公司提交了《关于提请增 加鸿日达科技股份有限公司 2025 年第三次临时股东会临时提案的函》，王玉田先生提请将《关 ...

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 证券代码：301285 证券简称：鸿日达 公告编号：2025-085 鸿日达科技股份有限公司 第二届董事会第二十次会议决议公告 根据生产经营需要，公司拟变更经营范围，并依据变更的经营范围修改《公司章程》中 的相应条款，并办理工商变更登记手续。同时公司董事会提请股东会授权公司董事会或其授 权人士办理变更经营范围、修订《公司章程》的工商变更登记及有关备案等手续，授权有效 期自公司股东会审议通过之日起至相关事项全部办理完毕之日止。 本议案已经董事会审计委员会事前审议通过，尚需提交公司股东会审议。 表决结果：同意 5 票，反对 0 票，弃权 0 票。 具体内容详见公司同日披露于巨潮资讯网（www.cninfo.com.cn）的《关于变更公司经营 范围及修订<公司章程>的公告》。 特此公告。 鸿日达科技股份有限公司董事会 2025 年 12 月 11 日 鸿日达科技股份有限公司（以下简称"鸿日达"或"公司"）第二届董事会第二十次会 议通知于 2025 年 12 月 8 日以电话、邮件的方式送达全体董 ...

鸿日达科技股份有限公司 章 程 二零二五年十二月 | | | | | | 第一章 总 则 第一条 为维护鸿日达科技股份有限公司（以下简称"公司"或"本公司"）、股东、 职工和债权人的合法权益，规范公司的组织和行为，根据《中华人民共和国公司法》（以下 简称《公司法》）、《中华人民共和国证券法》（以下简称《证券法》）、《上市公司章程 指引》《深圳证券交易所创业板股票上市规则》（以下简称《上市规则》）和其他有关规定， 制订本章程。 第二条 公司系依照《公司法》和其他有关法律法规的规定成立的股份有限公司。公司 由昆山捷皇电子精密科技有限公司依法以整体变更方式设立。公司在苏州市数据局注册登记， 取得营业执照，统一社会信用代码为 9132058375050665X4。 第三条 公司于 2022 年 4 月 14 日经深圳证券交易所（以下简称"深交所"）审核通过， 并于 2022 年 7 月 8 日取得中国证券监督管理委员会（以下简称"中国证监会"）予以注册的 决定，首次向社会公众发行人民币普通股 5,167 万股，于 2022 年 9 月 28 日在深圳证券交易 所创业板上市。 第四条 公司注册名称：鸿日达科技股份有限公 ...