Charles Zhuang 庄怀超 SFC CE: BTE209 微信: zhuangcharles; 电话: (852) 9748 7114; 16 Dec 2025 环球富盛理财有限公司 大明国际 Da Ming International Holdings (1090.HK) 中国金属加工龙头，25H1 业绩扭亏为盈 China's leading metal processing company & Turns losses in to profit in 25H1 最新动态 ➢ 25H1 归母净利润扭亏。25H1，公司实现营收 211.98 亿元，同比下降 7.0%；实现毛利 5.54 亿元，同比增长 7.6%；实现归 母净利润为 757.90 万元（扭亏）。25H1，集团营收当中 204.73 亿元来自于加工业务，7.25 亿元来自于制造业务。25H1， 集团录得约 2280 万元纯利，同比增加约 141.6%。25H1，集团不锈钢加工业务的销售量约 99.60 万吨，增幅约为 3.1%；加 工量为 152.20 万吨，减幅约为 0.2%；集团碳钢加工业务的销售量约 239.10 万吨，增幅约为 ...

天眼查App显示，近日，江苏小卓金属加工有限公司成立，法定代表人为庄申鹏，注册资本1000万人民 币，经营范围为一般项目：有色金属压延加工；金属切削加工服务；钢压延加工；金属废料和碎屑加工 处理；非金属废料和碎屑加工处理；建筑材料销售；五金产品研发；五金产品零售；金属制品研发；金 属制品销售；金属矿石销售；金属材料制造；煤炭及制品销售；日用木制品销售；科技推广和应用服 务；技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广；软件开发；再生资源回收（除 生产性废旧金属）；再生资源加工；再生资源销售（除依法须经批准的项目外，凭营业执照依法自主开 展经营活动）。 ...

天眼查App显示，近日，重庆君锐智冲科技有限公司成立，法定代表人为王君，注册资本100万人民 币，经营范围为一般项目：机械零件、零部件加工；汽车零部件及配件制造；金属材料制造；有色金属 压延加工；国内货物运输代理；机械零件、零部件销售；汽车零部件研发；技术服务、技术开发、技术 咨询、技术交流、技术转让、技术推广；金属材料销售；建筑材料销售；五金产品零售；交通设施维 修；电线、电缆经营；包装材料及制品销售；日用品销售；互联网数据服务；互联网销售（ 除销售需 要许可的商品）；智能车载设备销售；普通货物仓储服务（不含危险化学品等需许可审批的项目）；运 输货物打包服务；信息咨询服务（不含许可类信息咨询服务）；企业管理咨询；社会经济咨询服务；信 息技术咨询服务；市场营销策划；企业形象策划。（ 除依法须经批准的项目外，凭营业执照依法自主 开展经营活动）。 ...

Group 1 - The establishment of Huizhou Xinjiahong Technology Co., Ltd. has been registered with a legal representative named Lv Xin and a registered capital of 1 million RMB [1] - The company's business scope includes manufacturing and sales of sewing machinery, metal cutting machine tools, and automotive parts and components [1] - Additional services offered by the company include technical services, development, consulting, and domestic trade agency [1]

天眼查App显示，近日，日出东方（洛阳）精密制造有限公司成立，法定代表人为魏玉清，注册资本 1000万人民币，经营范围为一般项目：金属加工机械制造；喷涂加工；汽车零部件及配件制造；电力设 施器材制造；配电开关控制设备制造；电池零配件生产；五金产品制造；五金产品零售；钢压延加工； 五金产品批发；金属包装容器及材料制造；通用设备制造（不含特种设备制造）；机械零件、零部件加 工；光伏设备及元器件制造；汽车零配件批发；五金产品研发（除依法须经批准的项目外，凭营业执照 依法自主开展经营活动）。 ...

天眼查App显示，近日，合肥亿卓精密技术有限公司成立，法定代表人为姚锐，注册资本500万人民 币，经营范围为一般项目：金属加工机械制造；模具制造；汽车零部件及配件制造；金属材料制造；有 色金属合金制造；智能无人飞行器制造；工业机器人制造；机械零件、零部件加工；橡胶制品制造；机 械设备研发；模具销售；新兴能源技术研发；3D打印服务；电子元器件制造；其他电子器件制造；汽 车零部件研发；光伏设备及元器件制造；其他通用仪器制造；技术服务、技术开发、技术咨询、技术交 流、技术转让、技术推广；技术进出口；货物进出口（除许可业务外，可自主依法经营法律法规非禁止 或限制的项目）。 ...

天眼查App显示，近日，定州驰远焊接服务有限公司成立，法定代表人为徐正梧，注册资本300万人民 币，经营范围为一般项目：金属表面处理及热处理加工;喷涂加工;金属切削加工服务;汽车零部件及配件 制造;机械零件、零部件加工;通用零部件制造;国内贸易代理;贸易经纪（除依法须经批准的项目外，凭 营业执照依法自主开展经营活动）。 ...

天眼查App显示，近日，道县寿雁镇瑞诚蜂窝铝板加工店（个体工商户）成立，法定代表人为吴昌德， 注册资本10万人民币，经营范围为一般项目：金属切削加工服务；有色金属压延加工；新型金属功能材 料销售；高性能有色金属及合金材料销售；灯具销售；五金产品零售。（除依法须经批准的项目外，凭 营业执照依法自主开展经营活动）。 ...

Group 1 - The establishment of Heilongjiang Sifu Metal Processing Co., Ltd. has been registered with a legal representative named Wang Xiuyun and a registered capital of 500,000 RMB [1] - The company's business scope includes general projects such as metal cutting processing services, metal surface treatment and heat treatment processing, and production waste metal recycling [1] - The company is also involved in the sales of metal materials, mechanical equipment, railway locomotive and vehicle parts, and renewable resources [1] Group 2 - Additional services offered by the company include mechanical equipment leasing, ordinary cargo warehousing (excluding hazardous chemicals), loading and unloading, and labor services (excluding labor dispatch) [1] - The company has a licensed project for road cargo transportation (excluding hazardous goods) [1]

Core Insights - The US manufacturing sector shows signs of continued weakness in November, with the manufacturing index falling to 48.2, marking the largest contraction in four months and remaining below the neutral level of 50 for nine consecutive months [1][2] Group 1: Manufacturing Index and Economic Conditions - The ISM manufacturing index decreased by 0.5 points to 48.2, indicating ongoing challenges in the sector due to weak demand and cost pressures [1] - The "prices paid index" rose for the first time in five months, indicating a resurgence in raw material cost pressures, up approximately 8 points year-over-year [1] - New orders index experienced its fastest contraction since July, while backlog orders saw the largest decline in seven months [1] Group 2: Employment and Labor Market - About 25% of manufacturing firms reported job reductions in November, the highest proportion since mid-2020 [1] - Although the production index rebounded to its fastest expansion in four months, overall output remains volatile, unable to offset the pressures from declining orders and employment [1] Group 3: Industry Performance - In November, 11 manufacturing industries contracted, including apparel, wood, paper products, and textiles, while only four industries, such as computers and electronics, experienced growth, marking the lowest number in nearly a year [2] - The machinery sector reported extended import transportation times and customer demands for earlier deliveries due to tariff impacts [2] - The transportation equipment sector is undergoing structural adjustments, including layoffs and shifts to overseas production, in response to the tariff environment [2] Group 4: Supply Chain and Inventory - Supplier delivery times accelerated for the first time in four months, indicating some relief in supply chain pressures [2] - Manufacturers and customers continue to reduce inventory levels, although the rate of decline has slowed compared to October [2] - Overall, the US manufacturing sector is facing a "triple pressure" of weak demand, rising costs, and policy uncertainty, making a substantial turnaround unlikely in the short term [2]