公司持续深化"聚焦产品，收缩项目"的战略转型，2025年产品类业务盈利能力提升，工业机器人，注塑 机、配套设备及自动供料系统业务毛利明显增长；公司大幅收缩智能能源及环境管理系统业务，并通过 控制接单、精细化管理等方式实现扭亏为盈。 格隆汇1月28日丨拓斯达（维权）(300607.SZ)公布，预计2025年归属于上市公司股东的净利润6,000万 元–8,000万元，同比扭亏为盈，扣除非经常性损益后的净利润4,200万元–6,200万元，同比扭亏为盈。 ...

Group 1 - The core viewpoint of the article highlights that southbound funds have increased their holdings in Haitian International (01882.HK) by 432,000 shares on January 16, with a total net increase of 1.447 million shares over the past five trading days [1] - Over the last 20 trading days, there have been 11 days of net reductions in holdings by southbound funds, totaling a decrease of 2.296 million shares [1] - As of now, southbound funds hold 10.4 million shares of Haitian International, representing 6.49% of the company's total issued ordinary shares [1] Group 2 - Haitian International Holdings Limited primarily engages in the manufacturing and distribution of injection molding machines [1] - The company's main business includes the manufacturing and sales of injection molding machines and components, along with providing related services [1] - The products of Haitian International include the Changfei Ya Venus series, Changfei Ya Zeres series, Changfei Ya Jenius series, Haitian Mars series, and Haitian Jupiter series, which are utilized in various sectors such as automotive, packaging, medical, electronics, logistics, consumer goods, and white goods [1]

Group 1 - The core point of the news is that southbound funds increased their holdings in Haitian International (01882.HK) by 468,000 shares on January 7, 2026, while experiencing a net reduction of 3.231 million shares over the past five trading days [1] - Over the last 20 trading days, southbound funds have reduced their holdings in Haitian International for 12 days, with a total net reduction of 2.969 million shares [1] - As of now, southbound funds hold 10.2 million shares of Haitian International, accounting for 6.4% of the company's total issued ordinary shares [1] Group 2 - Haitian International Holdings Limited primarily engages in the manufacturing and distribution of injection molding machines [2] - The company's main business includes the manufacturing and sales of injection molding machines and components, along with providing related services [2] - The products of Haitian International are utilized in various sectors, including automotive, packaging, medical, electronics, logistics, consumer goods, and white goods [2]

Core Viewpoint - Southbound funds have reduced their holdings in Haitian International (01882.HK) by 88,000 shares on December 30, indicating a trend of net selling over recent trading days [1] Group 1: Southbound Fund Activity - In the last 5 trading days, southbound funds have reduced their holdings on 4 days, with a total net reduction of 404,000 shares [1] - Over the past 20 trading days, there have been 13 days of net selling by southbound funds, totaling a net reduction of 938,000 shares [1] - Currently, southbound funds hold 10.5 million shares of Haitian International, representing 6.59% of the company's total issued ordinary shares [1] Group 2: Company Overview - Haitian International Holdings Limited is primarily engaged in the manufacturing and distribution of injection molding machines [1] - The company's main business includes the manufacturing and sales of injection molding machines and components, along with providing related services [1] - The product range includes the Changfa Venus series, Changfa Zeres series, Changfa Jenius series, Haitian Mars series, and Haitian Jupiter series, which are utilized in various sectors such as automotive, packaging, medical, electronics, logistics, consumer goods, and white goods [1] - The company operates in both domestic and international markets [1]

Core Viewpoint - The toggle-type injection molding machine is gaining traction due to its mechanical advantages over traditional hydraulic machines, including energy efficiency, reduced mold deformation, and faster cycle times, making it suitable for high-demand production environments [2][3]. Market Overview - The global market for toggle-type injection molding machines is projected to reach USD 1.902 billion in 2024, with a compound annual growth rate (CAGR) of 3% [3]. - Key manufacturers in the industry include Engel, Supermac Machinery, UBE Machinery Corporation, and others, focusing on various applications across automotive, packaging, medical, and industrial sectors [4]. Supply Chain Dynamics - The upstream supply chain consists of resin materials (e.g., PP, PE, ABS, PC) and essential components like steel, hydraulic oils, and servo motors, with suppliers such as BASF and Baowu Steel [6]. - The downstream applications span across automotive, home appliances, consumer electronics, and medical devices, with major clients including Toyota, Haier, and Foxconn [6]. Driving Factors - The demand for toggle-type injection molding machines is driven by the need for lightweight automotive components, rapid product iterations in consumer electronics, and the push for energy-efficient manufacturing processes [7]. - The transition from traditional hydraulic systems to servo-driven and automated solutions is enhancing production efficiency and stability [7]. Barriers to Entry - High capital expenditure and total cost of ownership (TCO) pressures, along with the need for precise assembly and maintenance capabilities, pose significant challenges for new entrants in the market [8]. - The complexity of the machinery and the requirement for a robust service network make it difficult for newcomers to compete effectively [10]. Industry Development Opportunities - Opportunities for growth are centered around enhancing energy efficiency, integrating automation, and expanding processing capabilities [9]. - The increasing demand for advanced materials and specialized applications in automotive and packaging sectors is expected to drive the adoption of high-end toggle machines [9]. Competitive Landscape - The competitive landscape is characterized by the need for system engineering capabilities, reliability validation, and a strong service network to meet customer expectations [10]. - Established players with a proven track record in quality and service are likely to maintain a competitive edge in the market [10].

Core Viewpoint - The export of injection molding machines in China is showing a growth trend, with overseas customers increasingly focusing on cost-effective products [2] Group 1: Company Strategies - The company leverages its accumulated advantages in technology, quality, and cost within the industry to promote overseas order growth [2] - The company enhances its overseas presence through exhibition promotions and strengthening cooperation with overseas agents in India and Europe [2] - The company establishes long-term stable partnerships with internationally renowned manufacturers in Europe and the United States to boost overseas orders [2] Group 2: Product Development - The company actively collaborates with leading domestic injection molding machine manufacturers to develop ultra-large screw cylinders [2] - The company successfully developed the first domestic 8500-ton ultra-large injection molding machine's screw cylinder product, helping customers reduce reliance on imported high-end components [2] - This initiative supports the self-sufficiency and controllability of core components for ultra-large injection molding machines in China [2]

Core Viewpoint - Recent trading activity indicates fluctuating interest from southbound funds in Haitian International (01882.HK), with a net increase in holdings over the past 20 trading days despite some days of reduction [1] Group 1: Southbound Fund Activity - On December 22, southbound funds increased their holdings by 149,000 shares of Haitian International [1] - Over the last 5 trading days, there were 3 days of net reduction totaling 178,000 shares [1] - In the last 20 trading days, there were 10 days of net increase, accumulating to 245,000 shares [1] - Currently, southbound funds hold 106 million shares of Haitian International, representing 6.62% of the company's total issued ordinary shares [1] Group 2: Company Overview - Haitian International Holdings Limited primarily engages in the manufacturing and distribution of injection molding machines [1] - The company's main business includes the manufacturing and sales of injection machines and components, along with providing related services [1] - Product offerings include the Changfa Venus series, Changfa Zeres series, Changfa Jenius series, Haitian Mars series, and Haitian Jupiter series, which are utilized in various sectors such as automotive, packaging, medical, electronics, logistics, consumer goods, and white goods [1] - The company operates in both domestic and international markets [1]

Core Insights - Southbound funds reduced their holdings in Haitian International (01882.HK) by 84,000 shares on December 19, indicating a trend of net selling over the past five trading days, with a total reduction of 498,000 shares [1] - Over the last 20 trading days, there were 10 days of net buying by southbound funds, totaling an increase of 400,000 shares [1] - Currently, southbound funds hold 10.6 million shares of Haitian International, representing 6.6% of the company's total issued ordinary shares [1] Company Overview - Haitian International Holdings Limited is primarily engaged in the manufacturing and distribution of injection molding machines [1] - The company's main business includes the manufacturing and sales of injection molding machines and components, along with providing related services [1] - The product range includes the Changfa Venus series, Changfa Zeres series, Changfa Jenius series, Haitian Mars series, and Haitian Jupiter series, which are utilized in various sectors such as automotive, packaging, medical, electronics, logistics, consumer goods, and white goods [1] - The company operates in both domestic and international markets [1]

Group 1 - The core viewpoint of the article highlights the recent trading activity of southbound funds in Haitiana International (01882.HK), indicating a net increase in holdings despite some days of reduction [1] - On December 18, southbound funds increased their holdings by 19,000 shares of Haitiana International [1] - Over the past 5 trading days, there were 3 days of net reduction totaling 354,000 shares, while in the last 20 trading days, there were 11 days of net increase totaling 877,000 shares [1] Group 2 - As of now, southbound funds hold 106 million shares of Haitiana International, accounting for 6.61% of the company's total issued ordinary shares [1] - Haitiana International Holdings Limited primarily engages in the manufacturing and distribution of injection molding machines [1] - The company's main products include the Changfei Ya Venus series, Changfei Ya Zeres series, Changfei Ya Jenius series, Haitiana Mars series, and Haitiana Jupiter series, which are used in various sectors such as automotive, packaging, medical, electronics, logistics, consumer goods, and white goods [1]

Core Viewpoint - Xihua Technology (603248.SH) has initiated its subscription with an issue price of 10.10 CNY per share and a price-to-earnings ratio of 33.12 times, focusing on the development, manufacturing, and sales of specialized components for large high-end equipment, primarily in the wind power gearbox and injection molding machine sectors [1]. Group 1: Company Overview - Xihua Technology is a leading manufacturer of specialized components for large high-end equipment, with a primary focus on wind power gearbox components and secondary products for injection molding machines [1]. - The company is one of the few in China that can provide full-process services for wind power gearbox components [1]. - The company has established long-term partnerships with major clients such as NGC, Flender, and ZF, with most collaborations lasting over ten years [2]. Group 2: Financial Performance - From 2022 to 2024, the company's sales volume is projected to increase from 77,744.88 tons to 91,397.22 tons, indicating a steady growth in main business revenue [1]. - The sales revenue for wind power gearbox components is expected to reach 775.26 million CNY in 2024, up from 761.61 million CNY in 2023 and 778.83 million CNY in 2022 [2]. - The total operating revenue for 2024 is projected at 954.78 million CNY, with a net profit of approximately 141.93 million CNY [4]. Group 3: Market Position - Xihua Technology holds about 20% of the global market share in the casting segment of wind power gearbox components [1]. - The global market for wind power gearboxes is dominated by companies like NGC, Flender, and Deleja, which collectively hold over 70% of the market share [3]. - In the domestic market, NGC and Deleja account for nearly 70% of the market share, with NGC holding close to 50% [3]. Group 4: Future Outlook - The company anticipates strong performance in the first nine months of 2025, with sales, revenue, and net profit expected to grow year-on-year due to high levels of wind power project bids in China [4]. - The projected sales volume for the first nine months of 2025 is estimated to be between 89,594.67 tons and 90,909.67 tons, representing a growth of 27.54% to 29.41% compared to the same period in 2024 [5].