Core Viewpoint - Haocreat Ruitong's stock price increased by 3.06% on January 19, with a trading volume of 220 million yuan, indicating positive market sentiment towards the company [1] Financing Summary - On January 19, Haocreat Ruitong had a financing buy-in amount of 20.17 million yuan and a financing repayment of 20.92 million yuan, resulting in a net financing buy of -0.75 million yuan [1] - As of January 19, the total financing and margin trading balance for Haocreat Ruitong was 82.07 million yuan, which accounts for 6.26% of its market capitalization [1] - The company had no short selling activity on January 19, with both short selling repayment and selling amount recorded as 0 [1] Business Overview - Haocreat Ruitong, established on February 13, 2007, is located in Beijing and specializes in smart distribution equipment and digital solutions for distribution networks [1] - The company's main business revenue composition includes: smart ring main units (39.90%), smart pole switches (31.87%), box-type substations (23.33%), and others (4.90%) [1] Financial Performance - For the period from January to September 2025, Haocreat Ruitong achieved an operating income of 693 million yuan, representing a year-on-year growth of 2.93% [2] - The net profit attributable to the parent company for the same period was 92.30 million yuan, reflecting a year-on-year increase of 1.16% [2] Dividend Information - Since its A-share listing, Haocreat Ruitong has distributed a total of 55 million yuan in dividends [3]

Group 1 - The core viewpoint of the news is that Haocreative Ruitong has shown a slight increase in stock price and trading volume, with significant financing activities indicating investor interest [1] - On January 6, Haocreative Ruitong's stock price rose by 0.16%, with a trading volume of 76.61 million yuan and a net financing purchase of 3.65 million yuan [1] - As of January 6, the total balance of margin trading for Haocreative Ruitong was 61.20 million yuan, accounting for 5.34% of its circulating market value [1] Group 2 - As of September 30, the number of shareholders for Haocreative Ruitong was 27,600, a decrease of 6.59% from the previous period [2] - For the period from January to September 2025, Haocreative Ruitong achieved an operating income of 693 million yuan, representing a year-on-year growth of 2.93% [2] - The net profit attributable to the parent company for the same period was 92.30 million yuan, with a year-on-year increase of 1.16% [2] Group 3 - Haocreative Ruitong has distributed a total of 55 million yuan in dividends since its A-share listing [3]

Core Viewpoint - Haocreat Ruitong experienced a stock price increase of 3.46% on January 5, with a trading volume of 90.6 million yuan, indicating positive market sentiment towards the company [1]. Financing Summary - On January 5, Haocreat Ruitong had a financing buy-in amount of 5.79 million yuan and a financing repayment of 5.65 million yuan, resulting in a net financing buy of 133,100 yuan [1]. - As of January 5, the total financing and securities lending balance for Haocreat Ruitong was 57.55 million yuan, which accounts for 5.03% of its circulating market value [1]. - The company had no securities lending activity on January 5, with both securities lent and repaid being zero [1]. Company Profile - Haocreat Ruitong Electric Equipment Co., Ltd. is located in Beijing and was established on February 13, 2007. It specializes in smart distribution equipment and digital solutions for distribution networks [1]. - The company's main business revenue composition includes: smart ring main units (39.90%), smart pole switches (31.87%), box-type substations (23.33%), and other products (4.90%) [1]. Financial Performance - As of September 30, Haocreat Ruitong had 27,600 shareholders, a decrease of 6.59% from the previous period, while the average circulating shares per person increased by 7.05% to 835 shares [2]. - For the period from January to September 2025, the company achieved an operating income of 693 million yuan, representing a year-on-year growth of 2.93%, and a net profit attributable to shareholders of 92.30 million yuan, with a growth of 1.16% [2]. - The company has distributed a total of 55 million yuan in dividends since its A-share listing [2].

Core Insights - The "14th Five-Year Plan" period is a critical window for the construction of a new power system and energy transition in China, with a high investment cycle in the distribution network already underway [1] - Haocreat Ruitong, recently listed on the Growth Enterprise Market, is actively engaging in mid-term dividend plans and strategic direction aligned with the "14th Five-Year Plan" investment in distribution networks [1][2] Investment Outlook - The investment scale in the distribution network during the "14th Five-Year Plan" is expected to continue the high prosperity seen in the "13th Five-Year Plan," with an estimated investment of 680-720 billion yuan, over 60% of which will be directed towards green and digital initiatives [2][3] - The company has established a solid brand position in the smart distribution equipment sector, with its core products passing rigorous qualifications from major power grids [3] Strategic Development - Haocreat Ruitong is focusing on three core products: smart ring main units, smart pole-mounted switches, and box-type substations, enhancing its market share through product structure upgrades [3] - The company aims to expand its market presence beyond the two major power grids, leveraging its production capacity to tap into high-quality external clients [4] Global Expansion - The company is preparing for global market opportunities, having conducted in-depth research in key regions like the Middle East and Europe, with products meeting local market requirements [4] Financial Performance - The company announced a mid-term dividend of 5 yuan per 10 shares, totaling 55 million yuan, reflecting confidence in its stable growth [6][7] - For the first three quarters of 2025, Haocreat Ruitong reported revenues of 693 million yuan, a year-on-year increase of 2.93%, and a net profit of 92.3 million yuan, up 1.16% [7] - The company has achieved a compound annual growth rate of 24.47% in revenue and 27.22% in net profit from 2022 to 2024, establishing a solid foundation for seizing opportunities during the "14th Five-Year Plan" [7] Investment Projects - The proceeds from the company's IPO are being directed towards key projects, including the production of smart ring main units and smart pole-mounted switches, which will enhance production capacity and core technology development [5]

Core Viewpoint - The company, Haocreat Ruitong, is leveraging strategic opportunities in the "14th Five-Year Plan" period for distribution network investment while advancing core technology research and production capacity, aiming to expand into emerging markets and overseas business [1][4]. Financial Performance - The company plans to distribute cash dividends of RMB 5 per 10 shares, totaling RMB 55 million, with the record date on January 8, 2026, and the ex-dividend date on January 9, 2026 [2]. - For the first three quarters of 2025, Haocreat Ruitong reported revenue of RMB 693 million, a year-on-year increase of 2.93%, and a net profit attributable to shareholders of RMB 92.3 million, up 1.16% [2]. - Historical performance shows strong growth, with revenues of RMB 560 million, RMB 672 million, and RMB 867 million from 2022 to 2024, reflecting a compound annual growth rate (CAGR) of 24.47%, and net profits of RMB 68.8 million, RMB 87.4 million, and RMB 111 million, with a CAGR of 27.22% [2]. Market Position and Competitive Advantage - Haocreat Ruitong has established a strong competitive advantage in the smart distribution equipment sector, focusing on three core products that have passed rigorous qualifications from State Grid and Southern Power Grid [3]. - The company ranks among the top in the number of bids won for smart ring main units, smart pole switches, and box-type substations in the State Grid's distribution material procurement from 2022 to 2024 [3]. - The State Grid's fixed asset investment is projected to exceed RMB 650 billion in 2025, with the "14th Five-Year Plan" for distribution network investment exceeding RMB 1.2 trillion, providing significant market opportunities for the company [3]. Strategic Development and Market Expansion - The company is focusing on the "Two Networks" market, with network business revenue accounting for 88.92%, 92.69%, and 87.16% from 2022 to 2024 [5]. - Plans for future expansion include targeting high-quality customers outside the "Two Networks" and exploring overseas markets, with completed research in the Middle East and Europe [5]. - The company aims to align its market value with intrinsic value through stable short-term market capitalization and long-term performance growth, supported by technology research, production capacity expansion, and market development [5]. Industry Outlook - The smart distribution equipment industry is entering a golden development period with the commencement of the "15th Five-Year Plan" for distribution network investment [6]. - Haocreat Ruitong is expected to benefit from the industry's high prosperity due to its solid technical strength, stable customer base, clear development strategy, and ongoing capacity expansion [6].

Core Viewpoint - The company announced a cash dividend distribution to shareholders, reflecting its commitment to returning value to investors through direct cash payments rather than stock options or capital increases [1] Group 1: Dividend Distribution Details - The company will distribute a cash dividend of 5 RMB per 10 shares, totaling 55 million RMB (including tax) [1] - The record date for the dividend distribution is set for January 8, 2026, with the ex-dividend date on January 9, 2026 [1] - The cash dividends will be directly credited to shareholders' accounts through their custodial securities companies on the ex-dividend date [1] Group 2: Share Price Adjustment - Following the dividend distribution, the corresponding issuance price will be adjusted to 20.5 RMB per share [1]

证券代码：301668 证券简称：昊创瑞通 公告编号：2025-023 北京昊创瑞通电气设备股份有限公司 2025 年中期权益分派实施公告 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。 北京昊创瑞通电气设备股份有限公司（以下简称"公司"）2025 年中期权 益分派方案已获 2025 年 12 月 24 日召开的 2025 年第二次临时股东会审议通过， 现将权益分派事宜公告如下： 一、股东会审议通过利润分配方案情况 1、公司 2025 年第二次临时股东会审议通过的利润分配方案具体内容为：公 司以现有总股本 110,000,000 股为基数，向全体股东每 10 股派发现金股利人民币 5 元（含税），共计派发现金股利人民币 55,000,000 元（含税），不送红股，不 以资本公积金转增股本。若在董事会审议通过本次中期利润分配预案之日起至实 施权益分派期间公司总股本发生变动，公司将按照分配总额不变的原则，相应调 整每股分配比例。 2、自分派方案披露至实施期间，公司股本总额未发生变化。 二、本次实施的权益分派方案 公司2025年中期权益分派方案为：以公司现有总股本1 ...

证券代码：301668 证券简称：昊创瑞通 公告编号：2025-022 北京昊创瑞通电气设备股份有限公司 2025 年第二次临时股东会决议公告 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.本次股东会不存在否决议案的情形； 2.本次股东会不涉及变更以往股东会已通过的决议。 一、会议召开情况和出席情况 （一）会议召开情况 1、会议召集人：北京昊创瑞通电气设备股份有限公司（以下简称"公司"） 董事会 2、会议召开时间： （1）现场会议时间：2025 年 12 月 24 日下午 14:50 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2025 年 12 月 24 日 9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交易所互 联网投票系统投票的具体时间为 2025 年 12 月 24 日 9:15 至 15:00 的任意时间。 1、股东出席会议的总体情况 通过现场和网络投票的股东 166 人，代表股份 74,042,852 股，占公司有表决 权股份总数的 67.3117%。 其中：通过现场投票的股 ...

国浩律师（北京）事务所 关于 北京昊创瑞通电气设备股份有限公司 2025 年第二次临时股东会 之 法律意见书 北京市朝阳区东三环北路 38 号泰康金融大厦 9 层 邮编：100026 9/F, Taikang Financial Tower, 38 North Road East Third Ring, Chaoyang District, Beijing 100026, China 电话/Tel: (+86)(10) 6589 0699 传真/Fax: (+86)(10) 6517 6800 网址/Website: www.grandall.com.cn 国浩律师（北京）事务所 法律意见书 国浩律师（北京）事务所 关于北京昊创瑞通电气设备股份有限公司 2025 年第二次临时股东会之 法律意见书 国浩京证字[2025]第0622号 国浩律师（北京）事务所（以下简称"本所"）接受北京昊创瑞通电气设备 股份有限公司（以下简称"公司"）的委托，指派本所律师出席并见证了公司 2025 年 12 月 24 日召开的 2025 年第二次临时股东会（以下简称"本次股东会"）。 现依据《中华人民共和国公司法》（以下简称"《公 ...

Core Viewpoint - The company, Haocreative Ruitong, is experiencing a surge in demand for overseas power equipment and is actively expanding its international market presence [2] Group 1: Overseas Market Expansion - The company has conducted in-depth research on multiple countries in the Middle East and Europe, focusing on power grid systems, technical standards, market access, and cooperation mechanisms [2] - The company's products have been adapted to meet the requirements of overseas markets, including those in the Middle East and Europe [2] - The company plans to continue promoting its expansion into overseas markets in the future [2]