公告显示，华明装备召开了第七届董事会第六次会议审议通过了《关于公司聘请H股发行及上市的审计 机构的议案》，同意聘请安永会计师事务所为公司发行H股股票并在香港联合交易所有限公司主板上市 的审计机构。 2月12日，华明装备（证券代码：002270）发布公告称，为进一步推进国际化战略布局、打造国际化资 本运作平台、提升公司整体竞争力，公司正在筹划境外发行股份（H股）并在香港联合交易所有限公司 上市事宜。 据了解，华明装备成立于2002年8月，2008年9月登陆深交所，注册资本8.96亿元，是一家集变电站高压 电力设备研究、开发、生产、销售于一体的民营高新技术企业。公司主要产品为变压器有载分接开关、 无励磁分接开关、高压断路器和高压隔离开关、敞开式组合电器、绝缘材料等。 华明装备业绩快报显示，2025年度公司实现营业收入24.25亿元，同比增长4.43%；实现归属于上市公司 股东的净利润7.08亿元，同比增长15.29%；实现扣除非经常性损益后的归属于上市公司股东的净利润 6.76亿元，同比增长16.15%。主要系公司核心业务——电力设备实现营业收入21亿元，同比增长约 16%，首次突破20亿元，其中电力设备业务海外 ...

格隆汇2月12日丨华明装备(002270.SZ)公布，为进一步推进国际化战略布局，打造国际化资本运作平 台，提升公司整体竞争力，华明电力装备股份有限公司正在筹划境外发行股份（H股）并在香港联合交 易所有限公司（简称"香港联交所"）上市事宜。 ...

继海特生物（300683.SZ）、华工科技（000988.SZ）、联特科技（301205.SZ）之后，又一家湖北A股上市公司筹划港股上市。 1月27日晚，来自武汉光谷的帝尔激光（300776.SZ）发布公告称，为深入推进国际化战略布局，打造多元化资本运作平台，提升国际品牌形象及 全球市场综合竞争力，加快海外业务发展，公司正筹划在港交所主板挂牌上市事宜。目前，公司正与相关中介机构就本次发行上市的相关工作进 行商讨，相关细节尚未确定。 截至发稿，帝尔激光今日股价略涨至约84元，总市值在230亿元左右。 帝尔激光成立于2008年，是全球激光装备制造的领军企业，主要面向光伏、新型显示、半导体等领域提供一体化加工解决方案。其中，在高效太 阳能电池激光加工设备领域长期居于领先地位，以超80%的全球市场占有率稳居行业第一，并将研发中心设到了以色列、新加坡等多个国家和地 区。 近年来，帝尔激光在我国大陆以外地区的销售收入均超亿元，在总营业收入中的占比在10%左右。2025年前三季度，帝尔激光业绩继续保持增长 态势，实现营业收入17.81亿元，归属净利润4.96亿元，扣非净利润4.66亿元，同比分别增长23.69%、29.39 ...

Core Viewpoint - The company emphasizes "innovation" as its core competitive advantage and is committed to implementing an innovation-driven development strategy to expand its international product layout, aiming to benefit global patients [1] Group 1 - The company is focused on innovation as a key competitive strength [1] - The company is actively promoting its internationalization strategy for products [1] - The goal is to ensure that innovative drugs reach patients worldwide [1]

Core Viewpoint - Tianhua New Energy is planning to issue H shares and list on the Hong Kong Stock Exchange to accelerate its international strategy and enhance its overseas financing capabilities [2][18]. Group 1: Company Overview - Tianhua New Energy, formerly known as Tianhua Chaojing, has rapidly developed its lithium salt business, leading to its name change [5]. - The company has a significant focus on lithium battery materials, with 88.08% of its revenue coming from this segment as of the first half of 2025 [7]. - The company's lithium salt production capacity is concentrated in Sichuan and Jiangxi, totaling 16.5 million tons, positioning it among the top tier in the industry [8]. Group 2: Market Context - The current market conditions are favorable for listing, as lithium prices have rebounded significantly since mid-2025, with increases of over 160% from their lows [19]. - H shares of lithium companies have outperformed A shares, with Ganfeng Lithium's H shares rising 214.4% compared to 108.9% for A shares [20]. - The A/H premium for Ganfeng Lithium has decreased to 1.19 times, nearing historical lows, indicating a diminishing premium for A shares over H shares [20][21]. Group 3: Strategic Moves - Tianhua New Energy aims to increase its lithium salt production capacity to 250,000 to 260,000 tons per year based on market demand [13]. - The company has established a partnership with CATL, which is expected to increase the scale of processing services provided to CATL in the future [14]. - The company is also exploring upstream lithium resources but faces challenges in securing quality lithium resources, which affects its cost structure compared to integrated lithium salt companies [9][12].

Core Viewpoint - Tianhua New Energy is initiating its Hong Kong listing plan shortly after strategic investment from CATL, aiming to enhance its international presence and capital capabilities in the lithium industry [1][2][4]. Group 1: Company Overview - Tianhua New Energy, formerly known as Tianhua Super Clean, is a major lithium salt producer in China, with a combined production capacity of 165,000 tons of lithium hydroxide and lithium carbonate [3][8]. - The company has shifted its focus to lithium battery materials, with over 88% of its revenue coming from this segment as of the first half of 2025 [10]. Group 2: Market Context - The timing for the Hong Kong listing is favorable, as the lithium industry has seen a rebound since the second half of 2025, with companies like Ganfeng Lithium and Tianqi Lithium experiencing significant stock price increases [4][21]. - The A/H premium for lithium companies has been decreasing, with Ganfeng Lithium's A/H premium dropping from approximately 1.85 times to 1.19 times as of January 21, 2026 [5][28]. Group 3: Production Capacity and Challenges - Tianhua New Energy's lithium salt production capacity is concentrated in Yibin, Meishan, and Yichun, with notable capacities of 75,000 tons/year and 60,000 tons/year for battery-grade lithium hydroxide [10][11]. - The company faces challenges in securing high-quality lithium resources, relying heavily on imported lithium concentrate, which affects its cost structure compared to integrated lithium salt producers [12][16]. Group 4: Strategic Partnerships and Financials - The company has established a significant partnership with CATL, with expected sales and processing service revenues reaching approximately 1.5 billion yuan in 2025 [20]. - Tianhua New Energy plans to increase its lithium salt production capacity to 250,000-260,000 tons/year in response to market demand [17].

Core Viewpoint - Tianhua New Energy is planning to issue H-shares and list on the Hong Kong Stock Exchange to accelerate its international strategy and enhance its capital strength and competitiveness [4]. Group 1: Company Overview - Tianhua New Energy focuses on three main business areas: new energy lithium battery materials, anti-static ultra-clean technology products, and medical device products, with lithium battery materials being the core segment [4]. - The main products include battery-grade lithium hydroxide and battery-grade lithium carbonate [4]. - The company has established long-term stable partnerships with leading domestic and international automotive manufacturers, power battery manufacturers, and mainstream lithium battery cathode material producers [4]. Group 2: Strategic Initiatives - The H-share issuance aims to leverage the advantages of international capital markets to create a diversified capital platform and enhance overseas financing capabilities [4]. - The company is currently in discussions with relevant intermediaries regarding the specifics of the H-share issuance and listing [1].

又一锂电企业拟赴港上市。 1月21日晚间，天华新能(300390)发布公告称，公司正在筹划在境外发行股份(H股)并在香港联合交易所 有限公司上市。目前，公司正在与相关中介机构就本次H股发行上市的具体推进工作进行商讨，相关细 节尚未确定。 天华新能主营新能源锂电材料、防静电超净技术产品、医疗器械产品三大业务，其中新能源锂电材料为 核心业务板块，主要产品为电池级氢氧化锂和电池级碳酸锂。目前，公司已与国内外多家头部整车企 业、动力电池制造企业、主流锂电池正极材料生产企业建立了长期稳定的合作关系，并在股权层面与宁 德时代深度绑定。 产能方面，天华新能锂盐生产基地主要分布在四川宜宾、四川眉山和江西宜春，其中宜宾基地拥有年产 7.5万吨电池级氢氧化锂产能；眉山基地拥有年产6万吨电池级氢氧化锂产能，并可根据市场需求转化为 年产约5.5万吨电池级碳酸锂产能；宜春基地拥有年产3万吨电池级碳酸锂产能。公司表示，未来将会根 据市场需求变化，择机增加锂盐产能达到25万～26万吨/年。 2025年年底，天华新能实控人裴振华、容建芬夫妇通过协议转让方式，将名下1.08亿股（占总股本的 12.95%）股份转让给宁德时代，股份转让总价为26 ...

格隆汇1月21日丨天华新能(300390.SZ)公布，为加快国际化战略布局，利用国际资本市场优势，打造多 元化资本平台，增强公司境外融资能力，进一步提高公司的资本实力和综合竞争力，根据公司总体发展 战略及运营需要，正在筹划在境外发行股份（H股）并在香港联合交易所有限公司（简称"香港联交 所"）上市。截至本公告披露日，公司正在与相关中介机构就本次H股发行上市的具体推进工作进行商 讨，相关细节尚未确定。本次发行H股并上市不会导致公司控股股东和实际控制人发生变化。 ...

天华新能公告称，为加快国际化战略布局，利用国际资本市场优势，公司正在筹划在境外发行股份（H 股）并在香港联合交易所有限公司上市。 ...