"十五五"作为我国新型电力系统建设与能源转型的关键窗口期，配电网投资高景气周期已然启幕。在此 行业机遇下，创业板上市刚满三月的昊创瑞通，近期动作频频：一方面落地中期分红方案回馈股东，以 稳健业绩筑牢发展根基；另一方面在机构调研中明确战略方向，紧扣"十五五"配网投资主线，推进技术 研发、产能布局与市场拓展多维发力，全力抢占智能配电设备细分赛道的发展先机。 机构聚焦调研：解码"十五五"机遇，明确战略发力点 行业机遇的把握，离不开坚实的经营基本面支撑。近日，昊创瑞通发布《2025年中期权益分派实施公 告》，拟向全体股东每10股派发现金股利人民币5元（含税），合计派息5500万元（含税），以真金白 银回馈股东信任。本次权益分派股权登记日为2026年1月8日，除权除息日为2026年1月9日。 "十五五"配网投资的广阔前景，让昊创瑞通成为资本市场关注的焦点。12月19日，中金公司、信达证券 两大头部券商组团调研，围绕"十五五"配网投资展望、核心竞争优势、市场拓展规划等核心议题，与公 司展开深度交流，探寻行业高景气周期下的企业成长逻辑。 针对"十五五"配网投资前景，昊创瑞通作出明确判断：这一时期是我国新型电力系统建设与能源 ...

创业板上市刚满三月的昊创瑞通，近日对外发布《2025年中期权益分派实施公告》。与此同时，公司在 近期机构调研中明确表示，将紧抓"十五五"期间配网投资的战略机遇，同步推进核心技术研发与产能布 局建设，积极开拓网外新兴市场及海外业务版图。凭借稳健增长的经营业绩，昊创瑞通在智能配电设备 细分赛道的竞争优势持续凸显。 中期分红方案落地，每10股派5元惠及全体股东 针对"十五五"（2026-2030年）配网投资前景，公司判断，这一时期是我国新型电力系统建设与能源转 型关键阶段，配电网投资将延续"十四五"高景气度，投资规模稳步增长，配电设备采购将凸显数字化、 绿色化、智能化特征。公司将提前战略布局，同步推进技术研发与产能建设，把握投资机遇实现产品结 构升级与市场份额提升。据悉，"十五五"期间国家电网投资规模预计达6800-7200亿元，60%以上资金 投向绿色化、数字化领域，配电网作为能源转型和新能源消纳的主战场，市场空间持续扩容。 根据分红方案，昊创瑞通拟向全体股东每10股派发现金股利人民币5元（含税），共计派发现金股利 5500万元（含税）。本次权益分派的股权登记日为2026年1月8日，除权除息日为2026年1月9日 ...

【导读】海安集团前三季度拟向全体股东每10股派送现金红利20元 中国基金报记者 夏天 刚上市不足半个月，海安集团（证券代码：001233）便决定向投资者大手笔分红。 12月8日晚间，海安集团公布了2025年前三季度利润分配预案，公司拟向全体股东每10股派送现金红利 20.00元（含税），合计拟派现3.72亿元（含税）。 瑞芯微（证券代码：603893）是国内AIoT SoC芯片领域的领军企业，主营智能应用处理器SoC及周边配 套芯片的设计、研发与销售。2024年以来，公司业绩快速增长，为其回报投资者提供了坚实的底气。 2025年前三季度，海安集团实现净利润4.62亿元。据此计算，本次现金分红总金额约占前三季度净利润 的80.5%。 海安集团主营巨型全钢工程机械子午线轮胎的研发、生产与销售，以及矿用轮胎运营管理业务。根据公 告，海安集团在2022年的产品产量位居全球企业第四，中资企业第一，属于细分行业中的头部企业。 11月25日，海安集团登陆深交所主板上市。 自上市以来，海安集团股价不断走低。截至12月8日，公司报65.02元/股，虽较高点大幅回调，但仍远 高于48元/股的发行价，总市值为121亿元。 对于此次 ...

Group 1: Company Overview and Operations - Jiangsu Daye Intelligent Electric Co., Ltd. is involved in the leasing of vessels, specifically the "Jinhua 01" and "Jinhua 02" to OOS, a company with extensive operational experience in the Brazilian offshore oil and gas service market [1] - The leasing arrangement is expected to provide stable cash flow, alleviating financial pressure from high debt levels primarily associated with vessel loans [2] Group 2: Business Performance and Strategy - The company's offshore wind power business will be paused during the vessel leasing period, with future opportunities to be explored based on market conditions [2] - Revenue and gross margin for the intelligent distribution business have declined due to intensified competition and reduced contract amounts, prompting the company to focus on expanding its market presence in southern power grids and direct sales [2] - The company plans to redirect resources towards product development and market expansion in the intelligent distribution and renewable energy sectors following the vessel leasing [2] Group 3: Financial Health and Future Outlook - The company currently faces a high asset-liability ratio and elevated financial costs, but expects improvements in financial health with the leasing of vessels [2] - There are no plans to sell other assets at this time, as the leasing is anticipated to provide sufficient resources for strategic business development [2]

Core Points - The stock of Haocreative Ruitong (301668.SZ) closed at 53.84 yuan, with a decline of 6.85% on its sixth trading day [1] - The stock reached a record low of 47.8 yuan on October 9, 2023 [2] - Haocreative Ruitong is recognized as a "little giant" in the smart distribution equipment industry, focusing on digital solutions for distribution networks [2] Company Overview - Haocreative Ruitong specializes in smart distribution equipment and digital solutions for distribution networks, integrating technologies such as electronics, communication, networking, automatic control, and sensing [2] - The company aims to upgrade from traditional manufacturing to smart manufacturing by developing self-research testing tools and automation equipment [2] - The company was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on September 26, 2025, with an initial public offering of 27.9 million shares at a price of 21.00 yuan per share [2] Financial Highlights - The total amount raised from the initial public offering was 585.90 million yuan, with a net amount of 516.15 million yuan after deducting issuance costs [3] - The net amount raised exceeded the original plan by 39.62 million yuan [3] - The company plans to use the funds for projects including the production of smart ring network cabinets, smart pole switches, and the establishment of a smart distribution research and development center, as well as to supplement working capital [3]

Group 1 - The core viewpoint of the articles highlights the strong market performance and growth potential of Haocreat Ruitong, which saw its stock price rise by 9.18% to 57.80 CNY per share, with a market capitalization of approximately 6.4 billion CNY after its successful listing on the Shenzhen Stock Exchange on September 26, 2023 [1] - Haocreat Ruitong specializes in smart distribution equipment and digital solutions for distribution networks, with key products including smart ring network cabinets, smart pole-mounted switches, and box-type substations, widely used in the construction of new power systems [1] - The company has shown steady financial growth, with projected revenues of 560 million CNY, 672 million CNY, and 867 million CNY for the years 2022 to 2024, and net profits of approximately 68.76 million CNY, 87.41 million CNY, and 111 million CNY for the same period [1] Group 2 - Haocreat Ruitong aims to adhere to a development strategy focused on refining its core business in distribution networks while pursuing moderate external growth, positioning itself as a leader in distribution technology and a promoter of smart energy and green development [2] - The company plans to leverage advancements in IoT, edge computing, and artificial intelligence, emphasizing innovation-driven development and increasing investments in R&D, smart production, sales channel development, and human resources to enhance its core competitiveness and market positioning [2] - The company is committed to becoming a leading enterprise in China's smart distribution sector by fostering new growth drivers and establishing new advantages for high-quality, leapfrog development [2]

New Listings - From September 22 to September 28, one company was listed on the Shanghai Stock Exchange main board, and three companies were listed on the Shenzhen Stock Exchange ChiNext [2] - YouSheng Co., Ltd. is a professional manufacturer of aluminum alloy automotive parts, focusing on lightweight automotive components to enhance the range of electric vehicles and improve fuel efficiency for gasoline vehicles. On its first trading day, the stock price rose by 71.48%, closing at 66.31 CNY per share on September 29, an increase of 43.03% from the issue price of 46.36 CNY, with a total market capitalization of approximately 12.8 billion CNY [3] ChiNext Listings - Shanghai Jianfa Zhixin Medical Technology Group Co., Ltd. engages in direct sales, distribution, and centralized management of hospital consumables. On its first trading day, the stock price surged by 418.58%, closing at 34.12 CNY per share on September 29, a rise of 383.97% from the issue price of 7.05 CNY, with a total market capitalization of around 14.4 billion CNY [4] - Suzhou Huichuan United Power System Co., Ltd. focuses on the R&D, production, sales, and service of core components for electric drive systems and power systems for electric vehicles. The stock price increased by 147.60% on its first day, closing at 32.77 CNY per share on September 29, up 162.58% from the issue price of 12.48 CNY, with a total market capitalization of approximately 78.8 billion CNY [4] - Beijing Wuchuang Ruitong Electric Equipment Co., Ltd. specializes in the R&D, production, and sales of smart distribution equipment. The stock price rose by 190.76% on its first trading day, closing at 58.78 CNY per share on September 29, an increase of 179.90% from the issue price of 21.00 CNY, with a total market capitalization of about 6.5 billion CNY [5] Companies Passing Review - From September 22 to September 28, two companies passed the review on the Shanghai Stock Exchange Sci-Tech Innovation Board, and one company passed the review on the Shenzhen Stock Exchange ChiNext [6] - BaiAo SaiTu is a preclinical CRO and biotechnology company that provides innovative animal models and preclinical drug development services based on its proprietary gene editing technology [7] - MoEr Thread focuses on the R&D, design, and sales of GPUs and related products, having successfully launched four generations of GPU architecture [7] Companies Submitting IPO Applications - One company submitted an IPO application on the Shanghai Stock Exchange Sci-Tech Innovation Board, and one company submitted an application on the Shenzhen Stock Exchange ChiNext from September 22 to September 28 [10] - Anshi Biotechnology is an innovative biopharmaceutical company focusing on oncology and other diseases with significant unmet clinical needs. The company plans to issue no more than 76.0043 million shares, aiming to raise 2.45 billion CNY for new drug R&D and working capital [12] - Zhongsu Co., Ltd. specializes in the R&D, production, and sales of modified engineering plastics, with applications in consumer electronics, energy storage, automotive, and home appliances. The company plans to issue no more than 12.3329 million shares, seeking to raise 645 million CNY for various projects [14] Companies with Terminated Review - From September 22 to September 28, no companies had their listing reviews terminated on either the Shanghai Stock Exchange or the Shenzhen Stock Exchange [16]

Core Viewpoint - Haocreat Ruitong Electric Equipment Co., Ltd. has officially listed on the Shenzhen Stock Exchange's Growth Enterprise Market, focusing on smart distribution equipment and digital solutions for distribution networks [1] Group 1: Company Overview - Haocreat Ruitong specializes in the research, production, and sales of smart distribution equipment, including smart ring main units, smart pole-mounted switches, and box-type substations [1] - The company has achieved significant revenue growth, with projected revenues of 560 million yuan, 672 million yuan, and 867 million yuan from 2022 to 2024, reflecting compound growth rates of 24.47% and 27.22% for net profits [2] Group 2: Industry Context - The power industry is a crucial foundation for China's economic and social development, with a steady increase in electricity demand driving the growth of the smart distribution equipment sector [2] - By the end of 2023, China's installed power generation capacity reached 2.922 billion kilowatts, a year-on-year increase of 14.0%, while total electricity consumption grew by 6.7% [2] Group 3: Financial Performance - In the first half of 2025, the company reported revenues of 451 million yuan, a year-on-year increase of 2.97%, and a net profit of 61.61 million yuan, up 15.80% [3] - As of June 16, 2025, the company had an order backlog of 750.53 million yuan, reflecting a year-on-year growth of 16.67% [3] Group 4: R&D and Competitive Advantage - The company has a strong R&D team, with 43 personnel, accounting for 11.35% of total employees, and 65.12% of employees holding at least a bachelor's degree [4] - R&D expenditures have shown significant growth, with amounts of 17.30 million yuan, 23.36 million yuan, and 32.32 million yuan over the report period, resulting in a compound growth rate of 36.69% [4] Group 5: Technological Achievements - Haocreat Ruitong has developed core technologies in areas such as fault location and self-healing technology for distribution networks, achieving international advanced levels in several products [5] - The company holds 132 patents, including 15 invention patents, and has participated in the formulation of two national standards [6]

Core Viewpoint - Haocreat Ruitong officially listed on the Shenzhen Stock Exchange's Growth Enterprise Market, marking a significant milestone for the company focused on smart distribution equipment and digital solutions for distribution networks [1] Group 1: Company Overview - Haocreat Ruitong specializes in smart distribution equipment and digital solutions for distribution networks, leveraging national strategic initiatives such as "carbon peak and carbon neutrality" to drive innovation and development [2] - The company has developed key technologies including fault location and self-healing technology for distribution networks, IoT-enabled sensing components, high-precision power sensor technology, and low-pressure sealed air-insulated technology [2] Group 2: Stock Market Performance - The initial public offering price was set at 21.00 yuan per share, with the stock opening at 58.00 yuan and peaking at 75.00 yuan before closing at 61.06 yuan, representing a 190.76% increase on the first day [1] - The total market capitalization reached 6.717 billion yuan, with a trading volume of 18.81 million shares and a turnover of 1.188 billion yuan, indicating a high turnover rate of 81.60% [1] Group 3: Future Plans and Investments - The company plans to use the raised funds of approximately 58.59 million yuan for projects including the production of smart ring network cabinets, smart pole-mounted switches, and the establishment of a smart distribution research center [3][4] - The projects aim to enhance production scale, automation, and information technology levels, thereby improving the company's competitive edge and ensuring sustainable operations [4]

Core Viewpoint - The company, Haocreative Ruitong, is focused on expanding its customer base beyond the State Grid and Southern Power Grid while maintaining strong relationships with these key clients, aiming for a decrease in customer concentration over the long term [1][2]. Group 1: Market Demand and Customer Base - The demand for Haocreative Ruitong's products is expected to continue growing, particularly from the State Grid and Southern Power Grid, which will remain the primary customers in the short term [1]. - The company plans to enhance its sales team and channels, strengthen brand building, and actively seek new customers, particularly in sectors outside of the power grid [2]. - Sales revenue from customers outside the State Grid and Southern Power Grid is projected to grow significantly, with expected revenues of 62.01 million, 49.11 million, and 111.33 million CNY for the years 2022-2024, reflecting a compound annual growth rate of 33.98% [1]. Group 2: Product Development and Innovation - Haocreative Ruitong specializes in smart distribution equipment and digital solutions for distribution networks, with key products including smart ring main units, smart pole-mounted switches, and box-type substations [3]. - The company has invested significantly in R&D, with expenditures of 17.30 million, 23.36 million, and 32.32 million CNY over the reporting period, achieving a compound growth rate of 36.69% [3]. - The company has developed critical technologies such as fault location and self-healing technology for distribution networks, which enhance the intelligence of its products [3][4]. Group 3: Financial Performance - Haocreative Ruitong reported revenues of 559.80 million, 672.37 million, and 867.25 million CNY, with a compound growth rate of 24.47%, and net profits of 68.76 million, 87.41 million, and 111.29 million CNY, with a compound growth rate of 27.22% [6]. - For the first half of 2025, the company achieved a revenue of 450.80 million CNY, representing a year-on-year growth of 2.97%, and a net profit of 61.61 million CNY, up 15.80% year-on-year [6]. Group 4: Future Plans and Strategic Direction - The company plans to issue 27.90 million shares at a price of 21.00 CNY per share, aiming to raise approximately 585.90 million CNY for projects related to smart distribution equipment and R&D [6][7]. - The strategic focus is on becoming a leader in the smart distribution equipment sector, aligning with national strategies for carbon neutrality and smart grid development [7]. - Haocreative Ruitong aims to leverage advancements in IoT, edge computing, and AI to enhance its product offerings and market position [7].