10月9日，汇成真空跌5.27%，截至发稿，报164.01元/股，成交3.34亿元，换手率4.86%，总市值164.01 亿元。 资料显示，广东汇成真空科技股份有限公司位于广东省东莞市大岭山镇颜屋龙园路2号，成立日期2006 年8月14日，上市日期2024年6月5日，公司主营业务涉及真空镀膜设备研发、生产、销售及其技术服务 为主的真空应用解决方案供应商。主营业务收入构成为：真空镀膜设备-工业品49.29%，真空镀膜设备- 其他消费品19.27%，真空镀膜设备-科研10.64%，真空镀膜设备-消费电子9.91%，技术服务及其他 5.88%，配件及耗材5.01%。 从汇成真空十大流通股东角度 数据显示，华安基金旗下1只基金位居汇成真空十大流通股东。华安媒体互联网混合A（001071）二季 度增持56.06万股，持有股数123.94万股，占流通股的比例为3.04%。根据测算，今日浮亏损失约1130.29 万元。 截至发稿，胡宜斌累计任职时间9年321天，现任基金资产总规模164.72亿元，任职期间最佳基金回报 285.4%， 任职期间最差基金回报2.7%。 从基金十大重仓股角度 数据显示，华安基金旗下1只基金重仓汇 ...

9月24日，汇成真空涨5.56%，截至发稿，报184.20元/股，成交5.98亿元，换手率8.25%，总市值184.20 亿元。 资料显示，广东汇成真空科技股份有限公司位于广东省东莞市大岭山镇颜屋龙园路2号，成立日期2006 年8月14日，上市日期2024年6月5日，公司主营业务涉及真空镀膜设备研发、生产、销售及其技术服务 为主的真空应用解决方案供应商。主营业务收入构成为：真空镀膜设备-工业品49.29%，真空镀膜设备- 其他消费品19.27%，真空镀膜设备-科研10.64%，真空镀膜设备-消费电子9.91%，技术服务及其他 5.88%，配件及耗材5.01%。 从基金十大重仓股角度 责任编辑：小浪快报 数据显示，中银基金旗下1只基金重仓汇成真空。中银数字经济混合A（019426）二季度持有股数2000 股，占基金净值比例为3.03%，位居第十大重仓股。根据测算，今日浮盈赚取约1.94万元。 中银数字经济混合A（019426）成立日期2024年4月25日，最新规模522.88万。今年以来收益54.05%， 同类排名824/8173；近一年收益68.11%，同类排名1817/7996；成立以来收益64.85%。 ...

Core Viewpoint - Huicheng Vacuum (301392) reported a decline in both revenue and net profit for the first half of 2025, despite a strong performance in the secondary market following its listing [1][3]. Financial Performance - For the first half of 2025, Huicheng Vacuum achieved a net profit of approximately 42.64 million yuan, a year-on-year decrease of 27.82% [3][4]. - The company's revenue for the same period was about 263 million yuan, down 9.71% year-on-year [3][4]. - The net profit after deducting non-recurring items was approximately 42.52 million yuan, reflecting a decline of 23.58% year-on-year [3][4]. Business Segments - In the industrial vacuum coating equipment segment, revenue reached approximately 130 million yuan, showing a significant year-on-year increase of 382.28%, with a gross margin of 28.58% [4]. - The research vacuum coating equipment segment generated revenue of about 27.99 million yuan, up 8.57% year-on-year, with a gross margin of 38.69% [4]. - Other consumer products in the vacuum coating equipment category saw revenue of approximately 50.68 million yuan, a decline of 15.19% year-on-year, with a gross margin of 23.47% [4]. Market Performance - Following its listing on June 5, 2024, Huicheng Vacuum's stock price has shown a continuous upward trend, reaching a historical high of 185.56 yuan per share on August 21, 2025 [1][3]. - On August 21, the stock opened up 0.08%, peaked at nearly 4% increase during the day, but closed down 2.84% at 173.35 yuan per share, with a total market capitalization of 17.34 billion yuan [1][3]. Dividend Distribution - The board of Huicheng Vacuum approved a profit distribution plan, proposing a cash dividend of 1 yuan per 10 shares (including tax), with no bonus shares issued [3].

Core Viewpoint - The company Huicheng Vacuum (301392.SZ) is actively developing vacuum coating equipment for the humanoid robot application sector, despite currently having no clients in this area [1] Group 1 - The downstream application fields of vacuum coating equipment are extensive [1] - The company is making efforts to expand its customer base in the relevant fields [1]

Core Viewpoint - The stock price of Huicheng Vacuum has increased over 200% this year, but the fourth largest shareholder, Nanshan Bridge, has reduced its holdings by nearly 1.29 million shares, exiting the 5% shareholder category [1][2]. Group 1: Shareholder Activity - Nanshan Bridge reduced its stake from 6.29% to 4.999994% by selling 128.78 million shares in a recent transaction [1][2]. - The average selling price for the shares was 163.14 yuan per share, allowing Nanshan Bridge to realize approximately 210 million yuan from the sale [2]. - Nanshan Bridge had previously announced a plan to reduce its holdings by up to 3% of the total shares, indicating ongoing divestment activities [2]. Group 2: Stock Performance - Huicheng Vacuum's stock price has risen from approximately 55 yuan at the beginning of the year to over 180 yuan by the end of July, marking a year-to-date increase of over 210% [1][4]. - The stock closed at 161.40 yuan on August 12, reflecting a significant increase from the opening price of 61.76 yuan on January 2, resulting in a 161% rise [4]. Group 3: Company Performance - Huicheng Vacuum, known for its vacuum coating equipment, has reported disappointing financial results post-IPO, with 2024 revenues of 520 million yuan and a net profit of approximately 68 million yuan, representing declines of 0.35% and 16.02% year-over-year, respectively [5]. - In the first quarter of this year, while revenue saw a substantial increase of 35.82%, the net profit experienced a decline of 17.76% [5].

Core Viewpoint - The stock price of Huicheng Vacuum has performed strongly this year, with a maximum increase of over 200%, but the fourth largest shareholder, Nanshan Bridge, has recently executed a large-scale reduction of its holdings [1][3]. Group 1: Shareholder Actions - Nanshan Bridge's reduction operation was based on a plan announced on July 16, which stated that it intended to reduce its holdings by up to 3% of the total share capital, or 3 million shares, between August 7 and November 6 [3]. - During the period from August 7 to August 11, Nanshan Bridge reduced its holdings by 1.2878 million shares, decreasing its ownership from 6.29% to 4.999994%, officially exiting the list of shareholders holding more than 5% [1][3]. - The average price for this reduction was 163.14 yuan per share, allowing Nanshan Bridge to realize approximately 210 million yuan from the sale of 1.2878 million shares [3]. Group 2: Investment History - Nanshan Bridge's investment in Huicheng Vacuum dates back to December 2018, when it invested 50 million yuan for 510.20 million shares at a price of 108.37 yuan per registered capital [4]. - In August 2021, due to unmet performance targets, Nanshan Bridge received 118.575 million shares as compensation, increasing its total holdings to 628.78 million shares [4]. - Huicheng Vacuum, known for its vacuum coating equipment, has major clients including Apple, Foxconn, and BYD, but its performance post-IPO has been disappointing, with a revenue of 520 million yuan and a net profit of over 68 million yuan in 2024, reflecting declines of 0.35% and 16.02% year-on-year, respectively [4].

Core Viewpoint - The major shareholder of Huicheng Vacuum, Nanshan Bridge, has reduced its stake below 5% after selling 1.2878 million shares, which reflects a significant profit from the company's stock price increase this year [2][3]. Group 1: Shareholder Actions - Nanshan Bridge reduced its holdings from 6.29% to 4.999994% by selling 1.2878 million shares in a recent transaction [2]. - The average selling price for the shares was 163.14 yuan, allowing Nanshan Bridge to realize approximately 210 million yuan from the sale [3]. - Nanshan Bridge's reduction in stake is part of a broader plan to sell up to 3% of the company's total shares, driven by operational needs [3]. Group 2: Company Performance - Huicheng Vacuum's stock price has increased significantly, rising over 210% from around 55 yuan at the beginning of the year to a peak of over 180 yuan in late July [2]. - Despite the stock price surge, the company's financial performance has shown a decline, with 2024 revenue at 520 million yuan and net profit down 16.02% year-on-year [5]. - The company reported a 35.82% increase in revenue in the first quarter of this year, but net profit decreased by 17.76% [5]. Group 3: Historical Context - Nanshan Bridge became a shareholder in Huicheng Vacuum in 2018, initially investing 50 million yuan for a stake that has since appreciated significantly [4]. - The company is recognized as a leading player in the vacuum coating equipment sector, serving major clients like Apple and BYD [5].

Core Viewpoint - The major shareholder of Huicheng Vacuum, Nanshan Bridge, has reduced its stake below 5%, selling 1.2878 million shares, which reflects a significant change in ownership dynamics following a substantial increase in the company's stock price this year [1][2]. Group 1: Shareholder Actions - Nanshan Bridge reduced its holdings from 6.29% to 4.999994%, no longer qualifying as a major shareholder [1][2]. - The average selling price for the shares sold by Nanshan Bridge was 163.14 yuan per share, resulting in a potential cash realization of approximately 210 million yuan [2]. - Nanshan Bridge's reduction in shares is part of a broader plan to sell up to 3% of the company's total shares, citing operational development needs [2]. Group 2: Company Performance - Huicheng Vacuum's stock price has seen a significant increase, rising over 210% from around 55 yuan per share at the beginning of the year to a peak of over 180 yuan in late July [1]. - The company reported a revenue of 520 million yuan and a net profit of approximately 68 million yuan for 2024, marking a year-on-year decline of 0.35% and 16.02%, respectively [5]. - Despite a strong revenue growth of 35.82% in the first quarter, the net profit saw a decline of 17.76% [5]. Group 3: Historical Context - Nanshan Bridge became a shareholder of Huicheng Vacuum in 2018, with an initial investment of 50 million yuan, which has since appreciated significantly [3]. - The company is recognized as a leading player in the vacuum coating equipment sector, serving major clients such as Apple and BYD [4].

Core Insights - The company reported a revenue of 1.374 billion yuan and a net profit of 117 million yuan for the fiscal year 2024, with a significant increase in net cash flow from operating activities by 476.77% to approximately 24.71 million yuan, indicating improved operational quality and growth capability [1] Group 1: Strategic Transformation and Governance - The company completed a rebranding in 2024, marking a new phase in its strategic transformation, focusing on internal management and risk prevention mechanisms [2] - The company divested from low-efficiency assets, successfully completing the divestiture of its oil drilling business, and concentrated resources on high-value-added sectors [2] - Investments in joint ventures and acquisitions, such as increasing stake in Suzhou Daniu New Energy Technology Co., Ltd. and establishing a new company with Anhui Ruisi Micro Intelligent Technology Co., Ltd., are aimed at strengthening core technology [2] Group 2: Technological Innovation and Growth - The company increased R&D spending to over 56 million yuan, accounting for 4.08% of revenue, and filed 28 new patent applications in 2024, driving innovation in emerging industries [3] - The launch of the world's first vacuum magnetron sputtering evaporation integrated machine, with complete independent intellectual property rights, signifies a breakthrough in key technologies [3] - The company's vacuum coating technology is expected to be widely applied in high-growth sectors such as composite electrolytes, semiconductor packaging, optical coating, and AI intelligent manufacturing [3] Group 3: Sales Performance and Market Expansion - The company achieved record new orders of 121 million yuan for its ultra-precision vacuum coating equipment, with significant contributions from its subsidiary Hongxing Vacuum [4] - The company successfully delivered its first high-end copper foil system to Israel, marking a substantial breakthrough in international market expansion [4] - The expected growth in the composite electrolyte market, projected to reach 30 billion yuan by 2025, positions the company to benefit significantly from increased demand for its vacuum coating equipment [5] Group 4: Shareholder Returns and Future Outlook - The company has implemented a share buyback program totaling over 83 million yuan and proposed a dividend distribution plan of 1 yuan per 10 shares, amounting to over 20 million yuan [6] - The company plans to maintain a cash dividend ratio of no less than 30% of distributable profits over the next three years [6] - The strategic focus for 2025 includes enhancing the high-end equipment platform strategy and expanding overseas market presence to improve global competitiveness [6]