证券日报网讯1月9日，鸿远电子（603267）在互动平台回答投资者提问时表示，2025年前三季度，公司 毛利率的增长主要得益于所处高可靠电子元器件行业景气度的回升，下游客户需求复苏，带动公司毛利 水平较高的自产业务营业收入较同期实现较大增长。同时，产量提升带来的规模效应、生产线的效率优 化以及成本管控的持续深化，产品单位固定成本得以摊薄。 ...

编号：2025-011 证券代码：002209 证券简称：达意隆 广州达意隆包装机械股份有限公司 投资者关系活动记录表 投资者关系活动类别 ☑ 特定对象调研 □媒体采访 □新闻发布会 □现场参观 □分析师会议 业绩说明会 □路演活动 □其他(请文字说明其他活动内容) 活动参与人员 一、参与机构及人员 （一）线上会议：中信建投自营 乔翔、李雄杰、王明明、 叶天鸣、孟皓；中泰证券 寇鸿基 （二）现场调研：颐和久富 张准；天虫资本 李星雨；申万 宏源 刘建伟；煜德投资 程跃；中金公司 张琮翎；招商基 金 莫凡 二、上市公司接待人员 副总经理、董事会秘书：王燕囡 证券事务代表：冯天璐 时间 2025 年 12 月 15 日至 2025 年 12 月 19 日 地点 线上会议室、公司会议室 形式 线上会议、现场调研 交流内容及具体问答 记录 一、公司产品体系及经营情况介绍 二、互动交流 1、近年来，公司毛利率增长的原因有哪些？ 答：近年来，公司通过优化产品结构、强化内部管理、提升 产品品质、持续推进降本增效等措施稳步提升毛利率。 2、公司的代加工业务主要包括哪些？ 答：公司的代加工业务主要由公司设立的全资子公司开展， ...

格隆汇12月11日丨国货航(001391.SZ)在投资者关系中表示，有被问到:公司毛利率趋势？ 答:今年公司三大板块毛利率均实现同比增长，核心得益于五方面因素：一是航空板块持续加大运力投 放与优化航线布局；二是货站板块持续加强能力建设，探索推进数字化与自动化发展；三是综合物流解 决方案板块持续扩大跨境电商业务规模，突出货代增收增利任务，进一步拓展合同物流市场业务；四是 燃油价格处于相对友好区间，有效降低航油成本压力；五是内部精益化管理持续深化，成本管控工作取 得扎实成果。 ...

答:今年公司三大板块毛利率均实现同比增长，核心得益于五方面因素：一是航空板块持续加大运力投 放与优化航线布局；二是货站板块持续加强能力建设，探索推进数字化与自动化发展；三是综合物流解 决方案板块持续扩大跨境电商业务规模，突出货代增收增利任务，进一步拓展合同物流市场业务；四是 燃油价格处于相对友好区间，有效降低航油成本压力；五是内部精益化管理持续深化，成本管控工作取 得扎实成果。 格隆汇12月11日丨国货航(001391.SZ)在投资者关系中表示，有被问到:公司毛利率趋势？ ...

（文章来源：证券日报） 证券日报网讯 12月11日，君正集团在互动平台回答投资者提问时表示，公司2025年前三季度毛利率同 比增长的主要原因系公司主要产品的原材料采购均价同比下降。 ...

Core Viewpoint - XCMG Machinery announced on November 4 that its current measures focus on stability and cost reduction, with expectations for annual growth in gross margin through 2025 [2] Group 1: Company Measures - The company is implementing measures primarily aimed at stabilizing prices while reducing costs through procurement, research and development, and production [2] - Adjustments are being made in four areas: product structure, industrial structure, market structure, and customer structure [2] Group 2: Future Expectations - The company anticipates that its gross margin will maintain a growth trend annually over the next few years, specifically through 2025 [2]

Group 1 - The core viewpoint of the article is that Times Electric has reported an increase in its gross profit margin for the first half of 2025, reaching 32.01%, which is an increase of 4.40 percentage points compared to the same period last year [1] - The growth in gross profit margin is attributed to improvements in both the rail transit equipment business and the emerging equipment business [1]

Core Viewpoint - The company reported strong mid-year performance for 2025, with significant revenue and profit growth driven by the recovery of traditional clients and the expansion of new clients in the stamping business [1][2]. Financial Performance - In H1 2025, the company achieved revenue of 1.287 billion yuan, a year-on-year increase of 15.2% - The net profit attributable to shareholders was 201 million yuan, up 27.2% year-on-year - The net profit excluding non-recurring items was 198 million yuan, reflecting a 26.7% increase year-on-year - In Q2 2025, revenue reached 687 million yuan, with year-on-year and quarter-on-quarter growth of 9.5% and 14.4% respectively - The net profit attributable to shareholders for Q2 was 107 million yuan, showing a year-on-year increase of 31.9% and a quarter-on-quarter increase of 13.0% [1]. Business Segments - The stamping parts business generated revenue of 854 million yuan in H1 2025, a year-on-year increase of 41.1%, accounting for 66.4% of total revenue - The growth in stamping parts was primarily driven by increased sales from new clients, with Xiaomi and Li Auto achieving significant sales increases in Q2 2025 - The assembly processing business reported revenue of 237 million yuan, up 16.7% year-on-year, mainly due to the recovery of traditional client SAIC Motor - Other business segments, including precision electroplating and molds, showed mixed results, with precision electroplating revenue at 89 million yuan (up 0.1%) and molds at 39 million yuan (down 75.3%) [2]. Cost and Profitability - The company optimized its expenses in Q2 2025, with a total expense ratio of 7.50%, a decrease of 0.7 percentage points year-on-year - The overall gross margin for Q2 was 29.9%, an increase of 6.2 percentage points year-on-year, driven by a higher proportion of new clients and a decline in raw material prices - The gross margin for the stamping parts segment was 20.3%, reflecting a year-on-year increase of 4.3 percentage points [3]. Future Outlook - The company expects to achieve revenues of 3.26 billion yuan, 4.23 billion yuan, and 4.76 billion yuan for 2025-2027, representing year-on-year growth rates of 28.6%, 30.1%, and 12.5% respectively - The projected net profit attributable to shareholders for the same period is 500 million yuan, 620 million yuan, and 710 million yuan, with a significant increase expected in 2026 [4].

Group 1 - The core viewpoint of the article highlights Huahong Technology's financial performance in the first half of 2025, showing significant growth in revenue and net profit compared to the same period last year [1] - The company's total operating revenue reached 3.159 billion yuan, an increase of 463 million yuan, representing a year-on-year growth of 17.17% [1] - The net profit attributable to shareholders was 79.6328 million yuan, an increase of 77.4087 million yuan, achieving a year-on-year growth of 3480.57% [1] Group 2 - The latest asset-liability ratio of the company is 44.66% [3] - The latest gross profit margin is 9.56%, which has increased by 0.38 percentage points from the previous quarter, marking five consecutive quarters of growth, and has risen by 4.60 percentage points year-on-year [3] - The latest return on equity (ROE) is 2.34%, an increase of 2.27 percentage points compared to the same period last year [3] Group 3 - The diluted earnings per share are 0.14 yuan, an increase of 0.13 yuan, achieving a year-on-year growth of 3544.74% [3] - The latest total asset turnover ratio is 0.51 times, an increase of 0.07 times year-on-year, representing a growth of 16.18% [3] - The latest inventory turnover ratio is 1.42 times [3] Group 4 - The number of shareholders is 34,700, with the top ten shareholders holding 331 million shares, accounting for 56.91% of the total share capital [3] - The largest shareholder is Jiangsu Huahong Industrial Group Co., Ltd., holding 34.54% of the shares [3]

Core Viewpoint - Tianrongxin announced on August 22 that the increase in gross margin in the first half of the year is primarily due to the company's focus on core business and control over low-margin projects, with security revenue's share of total revenue increasing. The gross margin for the entire year is expected to exceed last year's level [1] Group 1 - The company reported a growth in gross margin for the first half of the year [1] - The increase in gross margin is attributed to a focus on core business and management of low-margin projects [1] - The proportion of security revenue in total revenue has risen [1] Group 2 - The company anticipates that the gross margin for the full year will surpass last year's figures [1]