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【私募调研记录】重阳投资调研海通发展、星云股份
Zheng Quan Zhi Xing·2025-08-27 00:07

Group 1: Haitong Development - Haitong Development achieved a revenue of 1.8 billion in the first half of 2025, representing a year-on-year growth of 6.74%, but the net profit attributable to shareholders declined by 64% to 87 million, primarily due to a decrease in market freight rates and ship repair impacts [1] - The company plans to expand its fleet to 100 vessels by 2028-2029, adding approximately 15 vessels annually, covering various ship types [1] - Haitong Development maintains an optimistic outlook for the dry bulk market in the second half of the year and the coming years, supported by favorable supply and demand factors [1] Group 2: Xingyun Co., Ltd. - Xingyun Co., Ltd. focused on improving operational quality and enhancing its core business, resulting in a continuous improvement in gross profit margin and a reduction in expenses in the first half of 2025 [2] - The company completed a private placement of shares to introduce new investors to support future development, benefiting from the overall positive growth in the lithium battery industry [2] - Xingyun is actively expanding into European and Southeast Asian markets, collaborating with major automotive manufacturers, testing companies, and energy storage and charging operation clients [2]