Core Insights - The company reported a total revenue of 1.204 billion yuan for the first half of 2025, representing a year-on-year increase of 6.95% [1] - The net profit attributable to shareholders was -26.7993 million yuan, showing a significant improvement of 62.63% compared to the previous year [1] - The company's short-term debt pressure has increased, with a current ratio of 0.53 [1] Financial Performance - Total revenue for Q2 2025 was 643 million yuan, up 8.05% year-on-year [1] - Q2 net profit attributable to shareholders was -10.5468 million yuan, an increase of 75.71% year-on-year [1] - Gross margin improved to 12.78%, a rise of 7.24% year-on-year [1] - Net margin improved to -2.8%, an increase of 56.41% year-on-year [1] - Total expenses (selling, administrative, and financial) amounted to 124 million yuan, accounting for 10.33% of revenue, down 22.29% year-on-year [1] Key Ratios and Metrics - Earnings per share (EPS) was -0.05 yuan, an improvement of 64.29% year-on-year [1] - Operating cash flow per share was 0.03 yuan, a significant increase of 167.92% year-on-year [1] - The company's net asset per share decreased to 0.42 yuan, down 50.58% year-on-year [1] - The company has a historical median ROIC of 5.49%, indicating average investment returns [3] - The company has experienced five years of losses since its listing, raising concerns about its financial stability [3] Cash Flow and Debt Analysis - Cash flow metrics indicate that cash and cash equivalents represent only 3.08% of total assets and 5.27% of current liabilities [3] - The interest-bearing debt ratio has reached 21.22%, with total interest-bearing debt to average operating cash flow ratio at 11.05% [3] - The financial expenses to average operating cash flow ratio stands at 141.97%, highlighting potential financial strain [3]

据证券之星公开数据整理，近期海泰科（301022）发布2025年中报。截至本报告期末，公司营业总收入 3.86亿元，同比上升24.86%，归母净利润3638.0万元，同比上升383.49%。按单季度数据看，第二季度 营业总收入1.94亿元，同比上升14.62%，第二季度归母净利润2246.04万元，同比上升208.26%。本报告 期海泰科应收账款上升，应收账款同比增幅达33.66%。 本次财报公布的各项数据指标表现尚佳。其中，毛利率16.07%，同比减23.38%，净利率9.43%，同比增 287.23%，销售费用、管理费用、财务费用总计604.66万元，三费占营收比1.57%，同比减88.53%，每股 净资产11.87元，同比增8.02%，每股经营性现金流-0.27元，同比减129.51%，每股收益0.43元，同比增 374.78% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 3.09亿 | 3.86亿 | 24.86% | | 归母净利润(元) | 752.45万 | 3638万 | 383.49% | ...

Group 1 - Shanghai Zhimo Future Mould Co., Ltd. has been established with a registered capital of 100,000 RMB [1] - The legal representative of the company is Wu Xisheng [1] - The business scope includes sales of moulds, plastic products, metal products, and mechanical equipment, as well as research and development in these areas [1]

| 上海荣正企业咨询服务（集团）股份有限公司 | | | | --- | --- | --- | | 关于 | | | | 青岛海泰科模塑科技股份有限公司 | | | | 第二个归属期归属条件成就 | | | | 之 | | | | 独立财务顾问报告 | | | | 目 | | 录 | | 一、释义 | | | | 本独立财务顾问报告中，除非文义载明，下列简称具有如下含义： | | | | 海泰科、本公司、公 | | | | 指 | | 青岛海泰科模塑科技股份有限公司 | | 司、上市公司 | | | | 青岛海泰科模塑科技股份有限公司 | | 2023 年限制性股票激励 | | 本激励计划、本计划 指 | | | | 计划 | | | | 本独立财务顾问、本 | | | | 指 | | 上海荣正企业咨询服务（集团）股份有限公司 | | 财务顾问 | | | | 上海荣正企业咨询服务（集团）股份有限公司关于青岛海 | | | | 本独立财务顾问报告 指 | | 泰科模塑科技股份有限公司 2023 年限制性股票激励计划第 | | 二个归属期归属条件成就之独立财务顾问报告 | | | | 限制性股票、第二类 | ...

法律意见书 中国 青岛 香港中路 20 号 黄金广场 北楼 15A 邮编：266071 电话：0532－58781600 传真：0532－58781666 山东国曜琴岛（青岛）律师事务所 山东国曜琴岛（青岛）律师事务所 关于青岛海泰科模塑科技股份有限公司 属期归属条件成就及部分限制性股票作废相关事项 的 关于青岛海泰科模塑科技股份有限公司 属条件成就及部分限制性股票作废相关事项的 法律意见书 致：青岛海泰科模塑科技股份有限公司： （以下简称" 《管理办法》"）、 《深圳证券交易所创业板股票上 山东国曜琴岛（青岛）律师事务所（以下简称"本所"）接受青岛海泰科模 塑科技股份有限公司(以下简称"海泰科"或"公司")委托，作为公司 2023 年 限制性股票激励计划（以下简称"本激励计划"）的专项法律顾问，根据《中华 人民共和国公司法》（以下简称" 《公司法》"）、《中华人民共和国证券法》（以下 简称"《证券法》"）、中国证券监督管理委员会（以下简称"证监会"） 《上市公司 股权激励管理办法》 市规则》 （以下简称"《上市规则》"）及《深圳证券交易所创业板上市公司自律监 管指南第 1 号—业务办理》 （以下简称"《自律 ...

Group 1 - The company plans to issue convertible bonds to meet funding needs for business expansion and enhance competitiveness [1][2] - The convertible bonds will be convertible into A-shares and will be listed on the Shenzhen Stock Exchange [2] - The issuance is deemed necessary as it aligns with national industrial policies and the company's strategic direction [2][3] Group 2 - The issuance will prioritize existing shareholders, who can choose to waive their rights [3] - The remaining bonds will be offered through a combination of online pricing and offline sales to institutional investors [3][4] - The selection criteria for investors include risk awareness and financial capability [4] Group 3 - The pricing of the bonds will be determined based on market conditions and company specifics, with the final interest rate set before issuance [5][8] - The initial conversion price will not be lower than the average trading price of the company's A-shares over the previous twenty trading days [5][7] - Adjustments to the conversion price will occur in the event of stock dividends, capital increases, or cash dividends [6][22] Group 4 - The company has a sound organizational structure and has met the legal requirements for issuing convertible bonds [9][11] - Average distributable profits over the last three years are sufficient to cover one year's interest on the bonds, with figures of 67.58 million, 64.20 million, and 45.30 million [9][10] - The funds raised will be used for specific projects, including semiconductor component production and a Thailand production base [10][16] Group 5 - The total amount to be raised is capped at 630 million RMB, with a maximum of 30% allocated for working capital [19][20] - The issuance has been approved by the company's board and will require shareholder approval and regulatory review [29] - The issuance plan is expected to enhance the company's business scale and profitability, benefiting all shareholders [29]

Core Viewpoint - Tianqi Mould (002510.SZ) reported a significant decline in both revenue and net profit for the first half of 2025, indicating challenges in its financial performance [1] Financial Performance - The company achieved an operating revenue of 1.016 billion yuan, a year-on-year decrease of 15.46% [1] - The net profit attributable to shareholders was 21.9035 million yuan, reflecting a year-on-year decline of 78.72% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 7.515 million yuan, down 91.18% year-on-year [1] - Basic earnings per share were reported at 0.02 yuan [1]

Core Viewpoint - Haitec (301022) reported significant growth in its 2025 semi-annual results, with revenue and net profit reaching historical highs, driven by increased orders and capacity release in its injection mold business [1][2]. Group 1: Financial Performance - The company achieved a revenue of 386 million yuan, representing a year-on-year increase of 24.86% [1]. - The net profit attributable to shareholders was 36.38 million yuan, up 383.49% year-on-year [1]. - The net profit excluding non-recurring items reached 33.83 million yuan, marking a substantial increase of 1451.28% [1]. Group 2: Business Development - The growth in the injection mold business is attributed to both increased orders and the release of production capacity [1]. - The company is advancing its convertible bond project for an annual production of 150,000 tons of high polymer new materials, with a pilot production base in Qingdao already established [1]. - The company is actively expanding into the humanoid robot sector, having successfully entered this market and is currently developing components for a leading domestic humanoid robot company [1]. Group 3: Research and Development - Haitec increased its R&D investment to 14.50 million yuan, a growth of 7.20% year-on-year [2]. - The company has obtained 7 patents in high polymer materials, bringing its total patent count to 105 [2]. - The focus on modified PEEK materials highlights the company's commitment to the humanoid robot market, leveraging the material's advantages such as low density and excellent mechanical properties [2].

证券日报网讯 8月28日晚间，海泰科发布公告称，公司第三届董事会第三次会议审议通过了《关于2025 年半年度报告及摘要的议案》等多项议案。 （文章来源：证券日报） ...

Core Viewpoint - The company has achieved significant growth in its core business of injection molding molds, driven by the integration of "injection molding molds - modified plastics" and a focus on sustainable development and investor returns [2][3][4]. Group 1: Financial Performance - In the first half of 2025, the company reported revenue of 386 million yuan, a year-on-year increase of 24.86% [2]. - The net profit attributable to shareholders reached 36.38 million yuan, up 383.49% year-on-year, while the net profit after deducting non-recurring items was 33.83 million yuan, reflecting a staggering growth of 1451.28% [2]. - The company implemented a cash dividend plan, distributing 25.43 million yuan in the first half of 2025, with a cumulative dividend payout ratio of 70.93% from 2022 to 2024 [2]. Group 2: Market Dynamics - The automotive industry in China has shown steady growth, with vehicle production and sales increasing by 12.5% and 11.4% respectively in the first half of 2025, supported by policies like vehicle trade-ins [3]. - The company’s injection molding business achieved revenue of 324 million yuan, a growth of 26.30% year-on-year, benefiting from increased capacity and order growth [3]. Group 3: Order Growth and Customer Expansion - The company secured new injection molding orders worth 474 million yuan, a 25.36% increase compared to the same period last year, with total orders on hand reaching 1.024 billion yuan, up 22.77% year-on-year [4]. - The order backlog for new energy vehicle injection molds was 408 million yuan, reflecting a significant growth of 58.8% year-on-year [4]. Group 4: Strategic Initiatives - The company is deepening its "mold-plastic integration" strategy and expanding its modified plastics and automotive plastic components business to meet customer demands for one-stop procurement [5][6]. - The company is advancing its convertible bond project for a new polymer materials production line, which is expected to achieve annual sales revenue of 1.745 billion yuan and net profit of 73.68 million yuan upon full production by 2027 [6]. - The international expansion of the automotive components business is progressing, with the Thailand factory's second phase successfully launched, expected to add approximately 100 million yuan in output [6].