12月22日，宏和科技盘中上涨2.10%，截至09:38，报33.06元/股，成交5165.19万元，换手率0.18%，总 市值290.84亿元。 资金流向方面，主力资金净流出427.49万元，大单买入319.04万元，占比6.18%，卖出746.54万元，占比 14.45%。 宏和科技今年以来股价涨295.93%，近5个交易日跌1.31%，近20日涨13.92%，近60日跌15.03%。 宏和科技所属申万行业为：建筑材料-玻璃玻纤-玻纤制造。所属概念板块包括：电子布、覆铜板、5G、 PCB概念、年度强势等。 截至9月30日，宏和科技股东户数5.24万，较上期增加130.29%；人均流通股16778股，较上期减少 56.58%。2025年1月-9月，宏和科技实现营业收入8.52亿元，同比增长37.76%；归母净利润1.39亿元，同 比增长1696.45%。 分红方面，宏和科技A股上市后累计派现3.36亿元。近三年，累计派现2647.54万元。 机构持仓方面，截止2025年9月30日，宏和科技十大流通股东中，信澳业绩驱动混合A（016370）位居 第五大流通股东，持股846.69万股，为新进股东。信澳优势行业混 ...

12月19日，宏和科技盘中上涨2.08%，截至10:14，报33.36元/股，成交2.11亿元，换手率0.73%，总市值 293.48亿元。 分红方面，宏和科技A股上市后累计派现3.36亿元。近三年，累计派现2647.54万元。 资金流向方面，主力资金净流出477.35万元，特大单买入1174.90万元，占比5.56%，卖出1141.49万元， 占比5.40%；大单买入3613.48万元，占比17.10%，卖出4124.25万元，占比19.51%。 机构持仓方面，截止2025年9月30日，宏和科技十大流通股东中，信澳业绩驱动混合A（016370）位居 第五大流通股东，持股846.69万股，为新进股东。信澳优势行业混合A（024473）位居第六大流通股 东，持股397.28万股，为新进股东。华商优势行业混合A（000390）位居第七大流通股东，持股367.87 万股，相比上期增加9.71万股。香港中央结算有限公司位居第八大流通股东，持股306.29万股，相比上 期增加60.56万股。华商致远回报混合A（024459）位居第九大流通股东，持股173.23万股，为新进股 东。信澳景气优选混合A（013721）位居第 ...

Core Viewpoint - Honghe Technology's stock has experienced significant volatility, with a year-to-date increase of 289.58% but a recent decline of 4.13% over the past five trading days [1] Group 1: Stock Performance - As of December 3, Honghe Technology's stock price is 32.53 CNY per share, with a market capitalization of 28.618 billion CNY [1] - The stock has seen a trading volume of 54.846 million CNY, with a turnover rate of 0.19% [1] - The company has appeared on the stock market's "龙虎榜" (top trading list) eight times this year, with the latest appearance on October 29 [1] Group 2: Financial Performance - For the period from January to September 2025, Honghe Technology reported a revenue of 852 million CNY, representing a year-on-year growth of 37.76% [2] - The net profit attributable to shareholders for the same period was 139 million CNY, showing a remarkable increase of 1696.45% year-on-year [2] Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Honghe Technology has increased to 52,400, a rise of 130.29% compared to the previous period [2] - The average number of circulating shares per shareholder is 16,778, which is a decrease of 56.58% from the previous period [2] - The top ten circulating shareholders include several new institutional investors, with notable holdings from 信澳业绩驱动混合A and 信澳优势行业混合A [3]

Group 1 - The core viewpoint of the news is that Honghe Technology's stock has increased by 5.14%, reaching a price of 33.56 CNY per share, with a trading volume of 689 million CNY and a turnover rate of 2.44%, resulting in a total market capitalization of 29.524 billion CNY [1] - Honghe Technology specializes in the research, production, and sales of mid-to-high-end electronic-grade fiberglass cloth, with its main business revenue composition being: thin cloth 37.30%, ultra-thin cloth 24.56%, extremely thin cloth 20.00%, special cloth 6.93%, thick cloth 6.54%, yarn 4.12%, and others 0.55% [1] Group 2 - From the perspective of fund holdings, one fund under Guotai Fund has a significant position in Honghe Technology, specifically the Guotai Zhixiang Technology Mixed Fund A, which held 47,000 shares in the second quarter, accounting for 4.06% of the fund's net value, ranking as the eighth largest holding [2] - The Guotai Zhixiang Technology Mixed Fund A was established on July 27, 2022, with a latest scale of 15.4933 million CNY, and has achieved a year-to-date return of 3.61%, ranking 6005 out of 8216 in its category, while its one-year return is 36.75%, ranking 1750 out of 7932 [2]

11月17日，宏和科技跌5.27%，截至发稿，报30.03元/股，成交3.42亿元，换手率1.26%，总市值264.18 亿元。 资料显示，宏和电子材料科技股份有限公司位于上海市浦东康桥工业区秀沿路123号，成立日期1998年8 月13日，上市日期2019年7月19日，公司主营业务涉及中高端电子级玻璃纤维布的研发、生产和销售。 主营业务收入构成为：薄布37.30%，超薄布24.56%，极薄布20.00%，特殊布6.93%，厚布6.54%，纱 4.12%，其他0.55%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 从基金十大重仓股角度 数据显示，国泰基金旗下1只基金重仓宏和科技。国泰智享科技1个月滚动持有混合发起A（014433）二 季度持有股数4.7万股，占基金净值比例为4.06%，位居第八大重仓股。根据测算，今日浮亏损失约7.85 万元。 国泰智享科技1个月滚动持有混合发起A（014433）成立日期2022年7月27日，最新规模1549.33万 ...

Group 1 - The core viewpoint of the news is that Honghe Technology's stock has experienced a decline of 5.14%, with a current price of 31.35 CNY per share and a total market capitalization of 27.579 billion CNY [1] - Honghe Technology specializes in the research, production, and sales of mid-to-high-end electronic-grade fiberglass cloth, with its main business revenue composition being: thin cloth 37.30%, ultra-thin cloth 24.56%, extremely thin cloth 20.00%, special cloth 6.93%, thick cloth 6.54%, yarn 4.12%, and others 0.55% [1] Group 2 - From the perspective of fund holdings, one fund under Guotai Fund has a significant position in Honghe Technology, specifically the Guotai Zhixiang Technology Mixed Fund A, which held 47,000 shares in the second quarter, accounting for 4.06% of the fund's net value [2] - The Guotai Zhixiang Technology Mixed Fund A has a current scale of 15.4933 million CNY, with a year-to-date return of 3.61% and a one-year return of 36.75% [2]

Group 1 - The core viewpoint of the news is that Honghe Technology's stock has increased by 5.1%, reaching a price of 33.99 CNY per share, with a total market capitalization of 29.902 billion CNY [1] - Honghe Technology specializes in the research, production, and sales of mid-to-high-end electronic-grade fiberglass cloth, with its main business revenue composition being: thin cloth 37.30%, ultra-thin cloth 24.56%, extremely thin cloth 20.00%, special cloth 6.93%, thick cloth 6.54%, yarn 4.12%, and others 0.55% [1] Group 2 - From the perspective of fund holdings, Guotai Fund has a significant position in Honghe Technology, with the Guotai Zhixiang Technology Mixed Fund holding 47,000 shares, accounting for 4.06% of the fund's net value, ranking as the eighth largest holding [2] - The Guotai Zhixiang Technology Mixed Fund has a current scale of 15.4933 million CNY, with a year-to-date return of 3.61% and a one-year return of 36.75% [2]

Core Viewpoint - Honghe Technology's stock has experienced significant volatility, with a year-to-date increase of 295.33% but a recent decline of 14.22% over the past five trading days [1] Financial Performance - For the period from January to September 2025, Honghe Technology reported revenue of 852 million yuan, representing a year-on-year growth of 37.76% [2] - The net profit attributable to shareholders for the same period was 139 million yuan, showing a remarkable year-on-year increase of 1696.45% [2] Shareholder and Market Activity - As of September 30, 2025, the number of shareholders for Honghe Technology reached 52,400, an increase of 130.29% compared to the previous period [2] - The average number of circulating shares per shareholder decreased by 56.58% to 16,778 shares [2] - Honghe Technology has appeared on the stock market's "龙虎榜" (top trading list) eight times this year, with the most recent appearance on October 29 [1] Stock Performance and Trading Data - As of November 4, Honghe Technology's stock price was 33.01 yuan per share, with a market capitalization of 29.04 billion yuan [1] - The stock experienced a net outflow of 10.35 million yuan in principal funds, with large orders showing a buy of 57.60 million yuan and a sell of 61.61 million yuan [1] Business Overview - Honghe Technology specializes in the research, production, and sales of mid-to-high-end electronic-grade fiberglass cloth, with its main revenue sources being thin cloth (37.30%), ultra-thin cloth (24.56%), and extremely thin cloth (20.00%) [1] - The company is classified under the building materials industry, specifically in fiberglass manufacturing, and is associated with several concept sectors including PCB, 5G, and the Apple supply chain [1]

Core Viewpoint - The company Honghe Technology (603256.SH) has reported significant growth in its performance, with a revenue of 852 million yuan and a net profit of 139 million yuan in the first three quarters of 2025, marking a year-on-year increase of 37.76% and 1696.45% respectively [1][2][3]. Financial Performance - In the first three quarters of 2025, the company achieved a revenue of 852 million yuan, a 37.76% increase compared to the previous year [1][2]. - The net profit for the same period reached 139 million yuan, which is over six times the total net profit for the entire year of 2024 [1][2]. - The sales net profit margin improved from 2.73% in 2024 to 16.28% in the first three quarters of 2025, while the sales gross profit margin increased from 17.37% to 32.62% [1][2]. Market Performance - The company's stock price has surged by 364.67% since the beginning of 2025, closing at 38.78 yuan per share on October 30, 2025, compared to around 8 yuan per share at the end of 2024 [1][3]. Production and Capacity Expansion - The company plans to raise up to 995 million yuan through a private placement, with 633 million yuan allocated for the construction of a high-performance glass fiber yarn production line [1][4]. - The new production line is expected to have an annual capacity of 1,254 tons, aimed at enhancing supply capabilities in the AI server and semiconductor packaging sectors [4][6]. Research and Development - The company has maintained a high level of R&D investment, with R&D expenses reaching 49.12 million yuan in the first three quarters of 2025, representing 5.76% of total revenue [5][6]. - The cumulative R&D investment over the past six years has reached 212 million yuan, contributing to the company's technological advancements and market competitiveness [5][6]. Financial Health - The total assets of the company increased from 22.22 billion yuan in 2020 to 28.51 billion yuan in the first three quarters of 2025, marking a historical high [6]. - The net cash flow from operating activities for the first three quarters of 2025 was 175 million yuan, a 97.59% increase year-on-year, indicating improved cash flow conditions [6].

Core Viewpoint - Honghe Technology is a leading domestic enterprise in the mid-to-high-end electronic-grade fiberglass cloth sector, showcasing strong technical capabilities and integrated operational abilities in its product offerings [1] Group 1: Business Performance - In Q3 2025, Honghe Technology achieved a revenue of 852 million yuan, ranking 8th among 8 companies in the industry, with the industry leader, China National Materials, generating 21.701 billion yuan [2] - The company's net profit for the same period was 139 million yuan, placing it 5th in the industry, while the top performer, China Jushi, reported a net profit of 2.673 billion yuan [2] Group 2: Financial Health - As of Q3 2025, Honghe Technology's debt-to-asset ratio was 44.32%, slightly up from 44.06% year-on-year, but lower than the industry average of 48.80%, indicating manageable debt pressure [3] - The gross profit margin for the company was 32.62%, significantly up from 16.45% year-on-year and above the industry average of 23.85%, reflecting strong profitability [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 130.29% to 52,400, while the average number of circulating A-shares held per shareholder decreased by 56.58% to 16,800 [5] Group 4: Management Compensation - The chairman, Mao Jiaming, received a salary of 2.4313 million yuan in 2024, an increase of 1.0042 million yuan from 2023 [4] Group 5: Market Position and Future Outlook - Guosheng Securities highlighted Honghe Technology as a quality enterprise focused on high-end electronic cloth, with expected net profits of 180 million yuan, 240 million yuan, and 300 million yuan from 2025 to 2027 [6] - Guolian Minsheng Securities maintained a "buy" rating, noting rapid revenue growth and improved profitability, with projected revenues of 1.03 billion yuan, 1.6 billion yuan, and 2.42 billion yuan from 2025 to 2027 [7]