证券代码：301601 证券简称：惠通科技 公告编号：2026-003 扬州惠通科技股份有限公司 具体内容详见公司在巨潮资讯网（www.cninfo.com.cn）披露的《关于募集资 金投资项目延期的公告》。 1 表决结果：12 票同意，0 票反对，0 票弃权。 第四届董事会第五次会议决议公告 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。 一、董事会会议召开情况 扬州惠通科技股份有限公司（以下简称"公司"）第四届董事会第五次会议 通知已于 2025 年 12 月 31 日通过微信、邮件等通讯方式送达。会议于 2026 年 1 月 5 日以现场结合通讯方式在公司会议室召开，公司董事会共有董事 12 名，实 际出席会议的董事共 12 名。会议由董事长严旭明先生召集并主持，公司高级管 理人员列席了会议。本次会议的召集、召开和表决程序符合《中华人民共和国公 司法》等法律法规、规范性文件和《公司章程》的有关规定，会议合法、有效。 二、董事会会议审议情况 （一）审议通过《关于募集资金投资项目延期的议案》 公司基于审慎性原则，结合当前募投项目实际进展情况，在项目实施主体、 ...

关于扬州惠通科技股份有限公司 2025年度现场检查报告 | 保荐人名称：申万宏源证券承销保荐有限责任公司 被保荐公司简称：惠通科技 | | | | --- | --- | --- | | 保荐代表人姓名：张兴忠 联系电话：18020106398 | | | | 保荐代表人姓名：唐唯 联系电话：18913000078 | | | | 现场检查人员姓名：张兴忠 | | | | 现场检查对应期间：2025年度 | | | | 现场检查时间：2025年12月30日 | | | | 一、现场检查事项 现场检查意见 | | | | （一）公司治理 是 | 否 | 不适用 | | 现场检查手段：1.查阅公司章程和公司治理相关制度；2.查阅股东会、董事会会议资 | | | | 料及信息披露文件；3.查阅董事、高级管理人员变动及相关决策文件。 | | | | 1.公司章程和公司治理制度是否完备、合规 √ | | | | 2.公司章程和三会规则是否得到有效执行 √ | | | | 3.三会会议记录是否完整，时间、地点、出席人员及会议内 √ | | | | 容等要件是否齐备，会议资料是否保存完整 | | | | 4.三会会议决议是 ...

扬州惠通科技股份有限公司 关于使用部分闲置募集资金进行现金管理的进展公告 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。 扬州惠通科技股份有限公司（以下简称"公司"）于 2025 年 3 月 26 日召开 第三届董事会第十三次会议、第三届监事会第十三次会议，审议通过了《关于使 用部分闲置募集资金进行现金管理的议案》，同意公司在不影响募集资金投资项 目（以下简称"募投项目"）建设和公司正常经营的情况下，使用不超过人民币 2.7 亿元（含本数）的闲置募集资金进行现金管理。现金管理期限自公司第三届 董事会第十三次会议审议通过之日起 12 个月内有效，在上述额度和期限内，资 金可循环滚动使用，并授权公司管理层在上述额度和期限范围内行使投资决策权、 签署相关文件及办理其他相关事宜，公司财务部门具体办理相关事宜。公司本次 使用部分闲置募集资金进行现金管理事项在董事会的审批权限内，无需提交股东 大会审议。具体内容详见公司在巨潮资讯网（www.cninfo.com.cn）披露的《关于 使用部分闲置募集资金进行现金管理的公告》（公告编号：2025-008）。 证券代码：3016 ...

证券代码：301601 证券简称：惠通科技 公告编号：2026-002 扬州惠通科技股份有限公司 关于募集资金投资项目延期的公告 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。 扬州惠通科技股份有限公司（以下简称"公司"）于 2026 年 1 月 5 日召开 第四届董事会第五次会议，审议通过了《关于募集资金投资项目延期的议案》， 同意对公司首次公开发行募集资金投资项目（以下简称"募投项目"）"高端化 工装备生产线智能化升级技术改造项目"和"技术研发中心（惠通研究院）项目" 达到预计可使用状态的时间进行延期。本次募投项目延期不涉及变更募集资金的 用途，在董事会审批权限内，无需提交股东会审议。具体情况如下： 一、募集资金基本情况 经中国证券监督管理委员会《关于同意扬州惠通科技股份有限公司首次公开 发行股票注册的批复》（证监许可〔2024〕1464 号）同意注册，公司首次公开 发行人民币普通股（A 股）股票 3,512.00 万股，每股面值 1 元，发行价格为人民 币 11.80 元/股。本次发行募集资金总额为人民币 41,441.60 万元，扣除不含增值 税发行费 ...

扬州惠通科技股份有限公司 证券代码：301601 证券简称：惠通科技 公告编号：2026-001 关于使用部分闲置募集资金进行现金管理的进展公告 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。 扬州惠通科技股份有限公司（以下简称"公司"）于 2025 年 3 月 26 日召开 第三届董事会第十三次会议、第三届监事会第十三次会议，审议通过了《关于使 用部分闲置募集资金进行现金管理的议案》，同意公司在不影响募集资金投资项 目（以下简称"募投项目"）建设和公司正常经营的情况下，使用不超过人民币 2.7 亿元（含本数）的闲置募集资金进行现金管理。现金管理期限自公司第三届 董事会第十三次会议审议通过之日起 12 个月内有效，在上述额度和期限内，资 金可循环滚动使用，并授权公司管理层在上述额度和期限范围内行使投资决策权、 签署相关文件及办理其他相关事宜，公司财务部门具体办理相关事宜。公司本次 使用部分闲置募集资金进行现金管理事项在董事会的审批权限内，无需提交股东 大会审议。具体内容详见公司在巨潮资讯网（www.cninfo.com.cn）披露的《关于 使用部分闲置募集资金 ...

Investment Rating - The industry investment rating is "Overweight" indicating that the industry is expected to outperform the overall market [7]. Core Insights - The laser engraving machine is identified as a technology-enabled personal creative tool, with xTool holding the number one market share. The market for personal creative tools is projected to grow significantly, driven by emotional consumption, the creative economy, and maker culture [2]. - The demand side is influenced by trends towards personalization and emotional value in consumption, the growth of the creative economy, and the rise of maker culture and social media [2]. - On the supply side, advancements in AI technology, integration of software and hardware ecosystems, and cost reductions from domestic supply chains are accelerating industry penetration [2]. - The global market for technology-enabled personal creative tools is expected to grow from USD 6.8 billion in 2024 to USD 39.1 billion by 2030, with a compound annual growth rate (CAGR) of 33.8% [2]. - The market for laser personal creative tools is projected to expand from USD 1 billion in 2024 to USD 3.6 billion by 2030, with a CAGR of 23.1% [2]. Summary by Relevant Sections Market Demand - The demand for personal creative tools is driven by emotional consumption, the creative economy, and maker culture, leading to a shift towards personalized and unique designs [2]. Market Supply - Innovations in AI and automation, along with the integration of software and hardware, are lowering barriers to entry and enhancing user experience [2]. Market Size and Growth - The market for technology-enabled personal creative tools is expected to grow significantly, with laser tools showing a strong growth trajectory [2]. Industry Chain - The industry chain includes upstream suppliers of core hardware, midstream product providers, and downstream users such as individual creators and small businesses [2]. Investment Opportunities - Key investment targets include laser engraving machine manufacturers like xTool and other component suppliers such as JPT and Raycus Laser [2][3].

Investment Rating - The industry investment rating is "Overweight" indicating a positive outlook for the sector compared to the overall market performance [2][9]. Core Insights - The report highlights that xTool holds the largest market share in the laser engraving machine segment, with a market share of approximately 47% in the first nine months of 2025 based on GMV [3]. - Demand is driven by emotional consumption, the rise of the creative economy, and maker culture, which are shifting consumer preferences towards personalized and unique designs [3]. - The supply side benefits from advancements in AI technology, integration of software and hardware ecosystems, and cost reductions from domestic supply chains, enhancing market penetration [3]. - The global market for technology-enabled personal creative tools is projected to grow from $6.8 billion in 2024 to $39.1 billion by 2030, with a compound annual growth rate (CAGR) of 33.8% [3]. - The laser personal creative tools market is expected to expand from $1 billion in 2024 to $3.6 billion by 2030, with a CAGR of 23.1% [3]. Summary by Sections Market Demand - The demand for personal creative tools is influenced by trends in emotional value consumption, the growth of the creative economy, and the emergence of maker culture and social media [3]. Market Supply - Innovations in AI and automation, along with the digital integration of software and hardware, are lowering barriers to entry and improving user experience [3]. Market Size and Growth - The market for personal creative tools is expected to see rapid growth, with significant increases in both overall market size and specific segments like laser tools [3]. Industry Chain - The industry chain includes upstream suppliers of core hardware, midstream product providers like xTool, and downstream users such as individual creators and small businesses [3]. Investment Opportunities - Key investment targets include laser engraving machine manufacturers like xTool and component suppliers such as JPT and Raycus Laser, as well as consumer-level 3D printing companies [3][4].

Group 1: Core Insights - The top ten stocks of 2025 have all seen price increases exceeding 500%, with the highest being a staggering 1821% for Shangwei New Materials [3][7] - The surge in stock prices is primarily driven by advancements in technology, particularly in computing power, with significant contributions from companies involved in robotics and AI [3][11] Group 2: Individual Stock Performances - Shangwei New Materials has transformed from a traditional chemical materials company to a key player in the robotics industry, benefiting from national policies supporting humanoid robot innovation, resulting in a 23.73% year-on-year revenue growth and a 49.66% increase in net profit for Q3 [7] - Tianpu Co., Ltd. ranks second with a 1662% increase, driven by the TPU theme and expectations surrounding the acquisition by Zhonghao Xinying, with a notable rise in stock price following the positive developments in domestic computing power [11] - *ST Yushun and *ST Yazhen follow with increases of 719% and 636% respectively, indicating a strong performance among ST stocks [3][6] - Shenghong Technology, with a 588% increase, has capitalized on the demand for AI-driven PCB products, reporting a 324% increase in net profit for the first three quarters [12]

Group 1 - The article highlights that small-cap stocks exhibit higher volatility and activity compared to large-cap stocks, making them more likely to become market leaders [1] - As of December 30, there are 949 stocks with a circulating market value below 3 billion yuan, and 374 stocks with a circulating market value below 2 billion yuan [1] - A total of 1,632 stocks have a total market value below 5 billion yuan, with 580 stocks having a total market value below 3 billion yuan [1] Group 2 - The three stocks with the smallest circulating market values are *ST Changyao at 333 million yuan, *ST Aowei at 453 million yuan, and Kuntai Co. at 637 million yuan [1] - The three stocks with the smallest total market values are *ST Changyao at 333 million yuan, *ST Aowei at 510 million yuan, and Dongtong Tui at 686 million yuan [1] - A detailed list of stocks with circulating market values below 2 billion yuan includes various sectors such as pharmaceuticals, defense, automotive, and more, with notable examples like *ST Changyao and *ST Aowei [1][2]

1 序 号 委托方 受托 方 产品名称 产品 性质 购买 金额 （万 元） 起息日 到期日 预期年 化收益 率 资金 来源 1 扬州惠 通科技 股份有 限公司 招商 银行 扬州 分行 七天通知存款 保本 收益 型 7,000. 00 2025 年 12 月 29 日 2026 年 1 月 5 日 0.75% 闲置 募集 资金 一、本次使用闲置募集资金购买现金管理产品的基本情况 会构成关联交易。 证券代码：301601 证券简称：惠通科技 公告编号：2025-071 扬州惠通科技股份有限公司 关于使用部分闲置募集资金进行现金管理的进展公告 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。 扬州惠通科技股份有限公司（以下简称"公司"）于 2025 年 3 月 26 日召开 第三届董事会第十三次会议、第三届监事会第十三次会议，审议通过了《关于使 用部分闲置募集资金进行现金管理的议案》，同意公司在不影响募集资金投资项 目（以下简称"募投项目"）建设和公司正常经营的情况下，使用不超过人民币 2.7 亿元（含本数）的闲置募集资金进行现金管理。现金管理期限自公司第三届 董事会 ...