汇绿生态（001267）公告，公司正在筹划发行股份及支付现金购买资产并募集配套资金暨关联交易事 项。本次交易标的资产为武汉钧恒科技有限公司49%股权。经公司申请，公司股票自2025年7月22日(星 期二)开市时起开始停牌。预计停牌时间不超过10个交易日，即在2025年8月5日前披露相关信息并申请 复牌。本次交易尚存在不确定性，具体交易方式以公司后续公告的重组预案或重组报告书披露的信息为 准。 ...

Core Viewpoint - The company, Huilv Ecology, is experiencing significant growth in its performance due to the synergistic effects of its dual business model, which includes landscaping and optical communication, following the acquisition of Wuhan Junheng Technology [1][2]. Financial Performance - For the first half of 2025, Huilv Ecology expects a net profit attributable to shareholders of between 36 million to 49 million yuan, representing a year-on-year increase of 34.92% to 83.64% [1]. - The expected net profit after deducting non-recurring gains and losses is projected to be between 30 million to 42 million yuan, showing a year-on-year growth of 52.70% to 113.77% [1]. - Compared to the first half of 2024, the net profit before restructuring was 12.96 million yuan, indicating a growth rate of 177.82% to 278.14% [1][2]. Strategic Acquisition - The significant performance improvement is primarily attributed to the completion of the acquisition of Wuhan Junheng Technology in February 2025, which has enhanced the optical communication business's contribution [2][3]. - Wuhan Junheng, a high-tech enterprise established in 2012, specializes in optical module product development and manufacturing, with a revenue of 667 million yuan and a net profit of 69.67 million yuan in 2024 [2]. Research and Development Investment - In the first quarter of 2025, the company's R&D expenses surged to 6.86 million yuan, exceeding the total for the entire year of 2024, reflecting a 599.92% increase year-on-year [1][3]. - The R&D focus includes innovation in plant genetics and resource utilization of landscaping waste, supporting the transition of traditional landscaping to a more technology-driven and eco-friendly approach [2][3]. Production Capacity Expansion - Following the acquisition, Wuhan Junheng received substantial financial support, alleviating long-standing funding pressures, and has expanded its production facilities to meet the growing market demand for silicon optical products [3][4]. - A new factory in Ezhou is expected to be completed in the second half of 2025, which will enhance production capacity and product line expansion, particularly for high-speed products [3][4].

Group 1 - The company expects a positive net profit for the period from January 1, 2025, to June 30, 2025, following a significant asset restructuring involving Wuhan Junheng Technology Co., Ltd. [2] - The financial statements of Wuhan Junheng will be consolidated into the company's reports starting from February 2025, reflecting the anticipated financial performance improvements due to the acquisition [2][4] - The company has communicated with its accounting firm regarding the earnings forecast, and there are no discrepancies noted in this regard [3] Group 2 - The acquisition of Wuhan Junheng has resulted in high synergy effects, enhancing the company's financial performance through improved technology development and market expansion capabilities [4] - Wuhan Junheng specializes in the research, production, and sales of optical modules, holding a strong market position in optical communication products [4]

Performance Forecast - The company expects to achieve a net profit attributable to shareholders of between 36 million and 49 million yuan, representing a year-on-year increase of 177.82% to 278.14% compared to the same period before restructuring [1] - The net profit attributable to shareholders after restructuring is projected to grow by 34.92% to 83.64% compared to the same period last year, with figures ranging from 30 million to 42 million yuan [1] - The basic earnings per share are estimated to be between 0.046 yuan and 0.063 yuan [1] Financial Integration - The major asset restructuring involving Wuhan Junheng Technology Co., Ltd. was completed in February 2025, and its financial statements have been incorporated into the company's consolidated reports since then [2] - The previous year's data has been separately listed for comparison before and after the restructuring, with adjustments made based on the control ratio of Wuhan Junheng [1][2] Synergy and Performance Improvement - The acquisition of Wuhan Junheng has resulted in significant synergy, enhancing the company's financial performance since the integration [2] - Wuhan Junheng specializes in the research, production, and sales of optical modules, possessing strong technical capabilities and market position in optical communication products [2] - The company has leveraged its financial strength and management experience to support Wuhan Junheng, thereby improving its technological research and market expansion capabilities [2]

Group 1: Company Overview and Market Position - Wuhan Junheng has a promising order growth outlook for 2025, particularly in the 400G/800G product segment, with significant increases in shipment volumes noted in Q1 and Q2 [2][3] - The company is currently ranked among the top 19 global optical module companies, indicating a strong international market position and rapid industry growth [5] Group 2: Supply Chain and Production Capacity - Material supply for optical modules is currently sufficient to meet production demands, with no anticipated bottlenecks even with potential production increases in the next 6-12 months [3] - Wuhan Junheng's production capacity is currently saturated, with plans to build a new optical module production and R&D base in Ezhou, Hubei Province, aiming for a capacity of 200-300K units per month [6] Group 3: Strategic Goals and Market Expansion - The company is actively pursuing both domestic and international market expansion, focusing on meeting the high standards of major clients while exploring diverse growth opportunities [4] - Future goals include maintaining growth momentum and solidifying its competitive position in the global optical communication industry over the next three years [5] Group 4: Financial Management and Risk Control - Despite a large scale of accounts receivable, the company has implemented measures to manage and control related risks, maintaining a healthy cash flow and cautious regional expansion strategy [10] - An accounts receivable management team has been established to optimize collection processes and enhance communication with clients [10] Group 5: Acquisition Strategy - The acquisition of a 51% stake in Wuhan Junheng by Huilv Ecology was driven by strategic considerations, focusing on long-term collaboration and growth rather than short-term financial gains [9] - Huilv Ecology plans to strengthen internal control systems while allowing Wuhan Junheng to focus on its core business and market expansion [9][7]

证券代码：001267 证券简称：汇绿生态 汇绿生态科技集团股份有限公司 投资者关系活动记录表 编号：2025-011 投资者关系 活动类别 □特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 □现场参观 ☑电话会议 □其他： （请文字说明其他活动内容） 参与单位名 称 及人员姓名 民生通信 马天诣、夏钦；财通基金 袁泽强、张胤、沈犁。 时间 2025 年 6 月 13 日（星期五） 地点 汇绿生态科技集团股份有限公司会议室 公司接待人 员姓名 汇绿生态董事会秘书 严琦 投资者关系 活动主要内 容介绍 汇绿生态董事会秘书严琦向投资者简要介绍了公司的基本情况，并 回答了投资者问题。 问题一：武汉钧恒科技有限公司（以下简称"钧恒科技"）营业收 入及净利润表现情况？ 武汉钧恒在 2024 年全年实现营业收入 6.67 亿元，净利润为 6966.90 万元，2025 年第一季度表现尤其亮眼。上市公司一季报已经合并了武 汉钧恒 2 月 3 月两个月的净利润。 问题二：明年某头部大厂整体对 800G 的需求，可能会有 600 万只 以上。今年预计全年不到 300 万这个量，所以明年是预计需求 ...

Group 1: General Information - The research object is Huilv Ecology, belonging to the engineering construction industry, and the reception time was on June 12, 2025. The listed company's reception staff included directors, general manager Li Yan, director, board secretary, deputy general manager Yan Qi, director, deputy general manager Shi Lei, director, deputy general manager Peng Kaisheng, and chief financial officer Cai Zhicheng [17] Group 2: Research Institutions - The reception objects include investors' online questions and others, and the reception object type is other [20] Group 3: Core Views and Company Responses - With the increasing application of the AI market, the demand for optical modules, as one of the basic materials for the AI digital base, is growing significantly. The company will focus on high - speed products in this field, expand both domestic and foreign markets, and continuously develop new customers [24] - The company aims to balance different business models. It will consolidate the advantages of the garden business through cost - reduction, efficiency - improvement, and full - industry chain collaboration, while using the optical module business to increase research on cutting - edge technologies, and strengthen large - scale delivery capabilities through capacity layout in Wuhan, Hefei, and overseas [24] - The international market is one of the company's future main directions for AI optical communication business, and Malaysia is an important base. New layouts will be considered based on customer needs and clear business requirements [25] - The company's current order trend is good, and its downstream customers include those from the Internet, equipment manufacturers, and ecological partners [26] - The management will prudently consider renaming the company according to the development of Wuhan Junheng's optical communication business [27] - Junheng Technology's current orders are on the rise, and the capacity utilization rates in Malaysia and Hefei are high, with continuous capacity expansion [27] - The high - speed copper cable business of Wuhan Junheng is an important strategic direction for the company's future development, and its business proportion is on the rise [28] - The company's garden business mainly consists of municipal supporting garden projects and rarely involves real - estate - related garden construction [28] - The company's strategic direction is to develop towards the optical communication field, having completed the acquisition of 51% of the equity of Wuhan Junheng Technology Co., Ltd. in early 2025 [28] - The company will formulate a market value management system in accordance with relevant laws and regulations to standardize market value management behavior [29] - The company will consider acquiring the remaining equity of Junheng Technology based on its business development and market prospects [30]

Group 1: Market Expansion and Business Strategy - The company is focusing on the AI market, with significant growth in demand for optical modules as a foundational material for AI applications [1] - The company plans to deepen its investment in high-speed products and expand its customer base both domestically and internationally [1] - The optical communication business is a global focus, with Malaysia serving as a key base for international development [2] Group 2: Financial Performance and Orders - The company reports a positive trend in current orders, with clients from the internet, equipment manufacturers, and ecological partners [2] - The utilization rate of production capacity in Malaysia and Hefei is high, with ongoing expansion efforts [2] - The revenue contribution from high-speed copper cables is expected to increase as the products are gradually introduced to the market [3] Group 3: Strategic Direction and Acquisitions - The company has completed the acquisition of 51% of Wuhan Junheng Technology, which focuses on high-speed optical modules [4] - The company is considering further acquisitions of Junheng Technology's remaining shares based on business performance and market outlook [4] - The company aims to establish a value management system to protect the interests of stakeholders and enhance market performance [4]

武汉钧恒在国内市场的客户分布主要为互联网客户、设备制造商客 户。在与这些客户的合作中，我们观察到了不同的发展趋势和潜力。 今年我们在互联网客户方面取得了显著进展。随着数据中心、云计算 以及 AI 技术的快速发展，对于高速率光模块的需求持续增长，这为我 们提供了宝贵的市场机遇。我们成功地与多家知名互联网企业达成了合 作协议，推动了 400G 乃至 800G 产品的批量出货。 在设备制造商客户领域，我们也不断取得新的突破。通过加强技术创 新和服务支持，我们不仅巩固了现有合作关系，还吸引了更多新客户的 关注。特别是在 5G 通信基础设施建设和工业互联网快速发展的背景下， 我们看到了更多的合作可能性和发展空间。 展望未来，我们将继续深化与各类客户的合作，优化产品结构，提升 服务质量，以满足不同客户的个性化需求。同时，借助于国内市场的良 好发展态势，我们预期能够进一步扩大市场份额，实现业务规模和盈利 水平的双重提升。 证券代码：001267 证券简称：汇绿生态 汇绿生态科技集团股份有限公司 投资者关系活动记录表 编号：2025-009 投资者关系 活动类别 ☑特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻 ...

Group 1 - The core point of the news is that Huilv Ecological (001267) has completed the first grant of its restricted stock incentive plan, aimed at motivating core employees and enhancing operational efficiency [1] - The first grant involves 4.64 million shares at a price of 4.6 yuan per share, benefiting 45 core technical and business personnel, with no participation from company directors or major shareholders [1] - The stock incentive plan is part of the company's governance reform and is expected to positively impact long-term performance [1] Group 2 - Huilv Ecological has made a strategic move into the optical communication sector by acquiring a 35% stake in Wuhan Junheng Technology Co., Ltd., increasing it to 51% in early 2025 [2] - Junheng Technology achieved revenues of 667 million yuan and a net profit of 69.67 million yuan in 2024, with its technologies being applied in AI and high-performance computing [2] - The inclusion of Junheng Technology in the consolidated financial statements led to a significant increase in Huilv Ecological's overall revenue to 309 million yuan in Q1 2025, a year-on-year increase of 210.40% [2]