Core Viewpoint - The company Hongxin Technology (301539.SZ) announced that two shareholders plan to reduce their holdings by a total of up to 4.74% of the company's shares due to personal funding needs [1] Summary by Relevant Sections - **Shareholder Reduction Plan** - Shareholders Bai Qiang and Taizhou Qixin, holding more than 5% of the company's shares, intend to reduce their holdings by a maximum of 7.01 million shares [1] - The reduction will occur within three months starting from 15 trading days after the announcement [1] - The total reduction represents no more than 4.74% of the company's total share capital [1]

宏鑫科技（301539）公告，持股5%以上股东柏强计划自公告披露之日起15个交易日后的3个月内，以集 中竞价、大宗交易方式减持不超过388.24万股，占公司总股本的2.62%。另一持股5%以上股东台州齐鑫 计划减持不超过313.31万股，占公司总股本的2.12%。减持原因是股东自身资金需求。减持价格将视市 场价格确定。 ...

证券代码：301539 证券简称：宏鑫科技 公告编号：2025-022 浙江宏鑫科技股份有限公司 2024 年度权益分派实施公告 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。 浙江宏鑫科技股份有限公司（以下简称"公司"）2024 年度权益分派方案已 获 2025 年 5 月 8 日召开的 2024 年年度股东大会审议通过，现将权益分派事宜 公告如下: 一、股东大会审议通过权益分配方案情况 1、公司 2024 年年度股东大会审议通过的 2024 年年度权益分派方案为： 以公司总股本 148,000,000 股为基数，向全体股东按每 10 股派发现金股利 1 元（含税），合计派发现金红利 14,800,000 元（含税），剩余未分配利润结转至 下一年度，若在分配预案实施前公司总股本发生变动的，公司则以未来实施分配 预案时股权登记日的总股本为基数，按照现金分红总额不变的原则对分配比例进 行相应调整。 2、公司股本总额自分配方案披露至实施期间未发生变化。 本公司 2024 年年度权益分派方案为：以公司现有总股本 148,000,000 股为基 数，向全体股东每 10 ...

Investment Rating - The report assigns a rating of "Accumulate" for the company [4]. Core Views - The company's revenue from passenger car wheels has shown significant growth, contributing to overall revenue increase, while international expansion is progressing steadily [9][12]. - The company faced short-term pressure on profitability due to rising raw material costs, particularly a 4.78% increase in the average purchase price of aluminum bars, leading to a decline in overall gross margin [3][9]. - The establishment of a production base in Thailand is expected to enhance the company's supply capabilities in overseas markets and improve overall risk resilience [4][13]. Summary by Sections Revenue and Profitability - In 2024, the company achieved operating revenue of 1.028 billion yuan, a year-on-year increase of 6.95%. The passenger car wheel business generated revenue of 352 million yuan, up 8.06%, while the commercial vehicle wheel business saw a decline of 1.14% to 374 million yuan [2][11]. - The overall gross margin for 2024 was 14.92%, down 1.69 percentage points from the previous year, primarily due to increased raw material costs [3][11]. International Expansion - The company is actively pursuing a global strategy, with a total investment of 250 million yuan in the Thailand base, which began trial production in March 2025 and is expected to officially commence production in April 2025 [4][13]. - The company has successfully entered the supply chains of major U.S. electric vehicle manufacturers such as Rivian and Lucid, and is also collaborating with various international brands [12][8]. Financial Forecast - Revenue projections for 2025-2027 are estimated at 1.11 billion, 1.197 billion, and 1.293 billion yuan, respectively, with corresponding net profits of 51 million, 59 million, and 73 million yuan [9][11]. - The earnings per share (EPS) are forecasted to be 0.34, 0.40, and 0.49 yuan for the years 2025, 2026, and 2027, respectively [9][11].

| 部审计工作计划的执行情况以及内部审计工作中发现的问 | | | | --- | --- | --- | | 题等（如适用） | | | | 7.内部审计部门是否至少每季度对募集资金的存放与使用 | √ | | | 情况进行一次审计（如适用） | | | | 8.内部审计部门是否在每个会计年度结束前二个月内向审 | √ | | | 计委员会提交次一年度内部审计工作计划（如适用） | | | | 9.内部审计部门是否在每个会计年度结束后二个月内向审 | √ | | | 计委员会提交年度内部审计工作报告（如适用） | | | | 10.内部审计部门是否至少每年向审计委员会提交一次内部 | √ | | | 控制评价报告（如适用） | | | | 11.从事风险投资、委托理财、套期保值业务等事项是否建 | √ | | | 立了完备、合规的内控制度 | | | | （三）信息披露 | | | | 现场检查手段：查阅公司对外披露的公告、信息披露相关制度；查阅历次公司股东 | | | | 大会、董事会、监事会的会议文件；查阅投资者来访的记录资料 | | | | 1.公司已披露的公告与实际情况是否一致 | √ | | | ...

2024 年度持续督导跟踪报告 | 保荐人名称：财通证券股份有限公司 | 被保荐公司简称：宏鑫科技 | | --- | --- | | 保荐代表人姓名：肖文军 | 联系电话：0571-87821317 | | 保荐代表人姓名：周斌烽 | 联系电话：0571-87821317 | 财通证券股份有限公司 关于浙江宏鑫科技股份有限公司 三、公司及股东承诺事项履行情况 | 公司及股东承诺事项 | 是否履行承诺 | 未履行承诺的原因 及解决措施 | | --- | --- | --- | | 1.关于股份锁定及减持意向的承诺 | 是 | 不适用 | | 2.关于稳定股价的措施及承诺 | 是 | 不适用 | | 3.关于欺诈发行上市的股份回购和股份买回的承诺 | 是 | 不适用 | | 4.关于依法承担赔偿责任的承诺 | 是 | 不适用 | | 5.关于利润分配政策的承诺 | 是 | 不适用 | | 6.关于填补被摊薄即期回报的措施及承诺 | 是 | 不适用 | | 7. 关于未履行承诺时的约束措施的承诺 | 是 | 不适用 | | 8.关于避免从事同业竞争的承诺 | 是 | 不适用 | | 9.关于股东信息披露的专项承 ...

上海市锦天城律师事务所 关于浙江宏鑫科技股份有限公司 2024 年年度股东大会的 上海市锦天城律师事务所 法律意见书 法律意见书 锦 天 城 律师事务 所 ALLBRIGHT LAW OFFICES 地址：浙江省杭州市上城区富春路 308 号华成国际发展大厦 11/12 层 电话: 0571-89838088 邮编：310020 上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于浙江宏鑫科技股份有限公司 2024 年年度股东大会的法律意见书 致: 浙江宏鑫科技股份有限公司 1、出席会议的股东及股东代理人 为出具本法律意见书,本所及本所律师依据《律师事务所从事证券法律业务 管理办法》和《律师事务所证券法律业务执业规则》等规定,严格履行了法定职 责,遵循了勤勉尽责和诚实信用原则,对本次股东大会所涉及的相关事项进行了 必要的核查和验证,审查了本所认为出具该法律意见书所需审查的相关文件、资 料,并参加了公司本次股东大会的全过程。本所保证本法律意见书所认定的事实 真实、准确、完整,所发表的结论性意见合法、准确、不存在虚假记载、误导性 陈述或者重大遗漏,并愿意承担相应法律责任。 鉴此,本所律师根据上述法律、 ...

证券代码：301539 证券简称：宏鑫科技 公告编号：2025-021 浙江宏鑫科技股份有限公司 2024 年年度股东大会决议公告 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。 特别提示： 1、本次股东大会无否决提案的情况； 2、本次股东大会不涉及变更以往股东大会已通过的决议； 3、本次股东大会采取现场投票与网络投票相结合的方式召开； 4、本次股东大会对中小投资者进行单独计票。中小投资者是指除单独或合 计持有上市公司 5%以上股份的股东以及上市公司的董事、监事、高级管理人员 以外的其他股东。 一、会议召开和出席情况 （一）会议召开情况 1、会议通知情况：浙江宏鑫科技股份有限公司（以下简称"公司"）2024 年 年度股东大会通知于 2025 年 4 月 18 日以公告形式发出。 2、会议召开时间 （1）现场会议时间：2025 年 5 月 8 日（星期四）下午 14:00 开始。 （2）网络投票时间：2025 年 5 月 8 日（星期四）。通过深圳证券交易所交 易系统进行网络投票的具体时间为：2025 年 5 月 8 日上午 9:15-9:25，9:30—11: ...

Core Viewpoint - Hongxin Technology (301539) reported a mixed performance in its Q1 2025 financial results, with revenue growth but a decline in net profit [1] Financial Performance - Total revenue for Q1 2025 reached 248 million yuan, an increase of 11.17% year-on-year [1] - Net profit attributable to shareholders was 10.18 million yuan, a decrease of 21.36% year-on-year [1] - Gross margin stood at 12.39%, down 8.5% year-on-year, while net margin was 4.11%, down 29.27% year-on-year [1] - Total expenses (selling, administrative, and financial) amounted to 12.32 million yuan, accounting for 4.97% of revenue, an increase of 17.1% year-on-year [1] - Earnings per share were 0.07 yuan, a decrease of 41.67% year-on-year [1] Financial Ratios and Metrics - Return on Invested Capital (ROIC) for the previous year was 6.49%, indicating average capital returns [2] - The net profit margin for the previous year was 4.87%, suggesting low added value for products or services [2] - Cash flow situation is concerning, with cash and cash equivalents to current liabilities at only 27.15% [3] - The average operating cash flow over the past three years to current liabilities is 18.73% [3] Accounts Receivable - Accounts receivable reached 444.98% of net profit, indicating a significant amount of outstanding payments [1][3] Financing and Dividends - Since its IPO, the company has raised a total of 394 million yuan and distributed dividends totaling 29.6 million yuan, resulting in a dividend-to-financing ratio of 0.08 [2]

Financial Performance - The company's revenue for Q1 2025 was ¥247,613,758.59, representing an increase of 11.17% compared to ¥222,724,987.75 in the same period last year[5]. - Net profit attributable to shareholders decreased by 21.36% to ¥10,175,675.05 from ¥12,939,905.50 year-on-year[5]. - Basic and diluted earnings per share fell by 41.67% to ¥0.07 from ¥0.12 in the same period last year[5]. - The company's revenue for the reporting period was CNY 247.61 million, representing a year-on-year increase of 11.17%, primarily due to a CNY 19.83 million increase in domestic sales, which grew by 13.92%[14]. - The net profit for the reporting period was CNY 10.18 million, a decrease of 21.36% year-on-year, attributed to increased sales and management expenses totaling CNY 3.38 million due to the expansion of the management and sales team[14]. - Total operating revenue for the current period reached ¥247,613,758.59, an increase of 11.2% compared to ¥222,724,987.75 in the previous period[19]. - Net profit for the current period was ¥10,175,675.05, a decrease of 21.4% from ¥12,939,905.50 in the previous period[20]. - Operating profit decreased to ¥10,723,944.11, down 26.5% from ¥14,537,293.83 in the previous period[20]. - The total comprehensive income for the current period was ¥10,241,414.34, compared to ¥9,523,154.37 in the previous period[21]. Cash Flow and Assets - The net cash flow from operating activities was negative at -¥11,859,074.66, a decline of 132.03% compared to ¥37,024,240.71 in the previous year[5]. - Cash flow from operating activities showed a net outflow of ¥11,859,074.66, compared to a net inflow of ¥37,024,240.71 in the previous period[24]. - Cash and cash equivalents at the end of the period totaled ¥172,916,492.97, down from ¥56,814,777.45 in the previous period[24]. - Current assets totaled CNY 752.25 million at the end of the reporting period, compared to CNY 741.44 million at the beginning of the period, reflecting an increase[16]. - Inventory increased to CNY 289.40 million from CNY 244.81 million, indicating a rise in stock levels[16]. - Non-current assets amounted to CNY 955.80 million, up from CNY 876.99 million, showing growth in long-term investments[17]. - Total liabilities reached CNY 920.99 million, compared to CNY 841.62 million at the beginning of the period, indicating an increase in obligations[18]. - The company's total assets were CNY 1.71 billion, up from CNY 1.62 billion, reflecting overall growth in the asset base[18]. Shareholder Information - The company reported a total of 12,738 common shareholders at the end of the reporting period[10]. - Major shareholders include Wang Wenzhi with a 34.74% stake and Bai Qiang with a 10.49% stake[10]. Operational Developments - The company attributed the revenue growth to the production launch of the forging line at the new factory[7]. - The decline in net profit was primarily due to increased sales expenses from expanding the sales team and the construction of the Thailand base, which is set to commence operations in 2025[8]. - The total investment for the Thailand base construction project is CNY 250 million, with the first phase including a forging workshop and a wheel processing workshop, and the second phase including additional facilities[14]. - The Thailand base construction project began trial production in March 2025 and is scheduled for official production in April 2025[14]. - The company plans to continue optimizing cost structures and enhancing operational efficiency while focusing on market expansion and product innovation to improve profitability[14]. Expenses - Total operating costs increased to ¥237,354,298.61, up 13.1% from ¥209,808,934.24 in the previous period[19]. - Research and development expenses increased to ¥7,196,665.87, up 5.8% from ¥6,803,630.47 in the previous period[19]. - Sales expenses rose to ¥7,316,307.23, an increase of 60.0% compared to ¥4,574,750.95 in the previous period[19]. - The weighted average return on equity decreased to 1.30% from 2.89% year-on-year[5].