8月27日，鑫源智造盘中下跌2.03%，截至13:53，报13.03元/股，成交7412.30万元，换手率2.50%，总市 值29.40亿元。 资金流向方面，主力资金净流出728.10万元，特大单买入0.00元，占比0.00%，卖出323.06万元，占比 4.36%；大单买入908.68万元，占比12.26%，卖出1313.72万元，占比17.72%。 鑫源智造今年以来股价涨40.49%，近5个交易日跌10.88%，近20日涨2.60%，近60日涨15.82%。 鑫源智造所属申万行业为：有色金属-工业金属-铝。所属概念板块包括：小盘、农机、股权转让、比亚 迪概念、长安汽车概念等。 截至6月30日，鑫源智造股东户数1.43万，较上期增加1.01%；人均流通股15783股，较上期增加 18.80%。2025年1月-6月，鑫源智造实现营业收入3.29亿元，同比增长388.33%；归母净利润978.70万 元，同比增长284.45%。 分红方面，鑫源智造A股上市后累计派现5020.71万元。近三年，累计派现188.02万元。 机构持仓方面，截止2025年6月30日，鑫源智造十大流通股东中，金鹰恒润债券发起式A（015 ...

每经头条（nbdtoutiao）——能给主人"打电话"的宠物智能手机也来了！宠物产业3000亿元市场大爆 发，行业上市公司"涨"声一片 （记者 曾健辉） 每经AI快讯，吉峰科技（SZ 300022，收盘价：9.09元）8月26日晚间发布公告称，本次计提信用减值准 备、资产减值准备，将减少公司2025年半年度利润总额约638万元，减少归属于上市公司的净利润约515 万元，减少归属于上市公司的所有者权益约515万元，对公司2025年半年度合并报表归属于母公司股东 的净利润构成较大影响，但不会对公司的正常经营产生重大影响。 2024年1至12月份，吉峰科技的营业收入构成为：农机流通占比92.33%，农机制造占比5.88%，载货汽 车占比1.8%。 截至发稿，吉峰科技市值为45亿元。 ...

1.4本半年度报告未经审计。 1.5董事会决议通过的本报告期利润分配预案或公积金转增股本预案 本报告期不进行利润分配，不实施资本公积金转增股本。 第二节 公司基本情况 公司代码：600615 公司简称：鑫源智造 第一节 重要提示 1.1本半年度报告摘要来自半年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展规 划，投资者应当到www.sse.com.cn网站仔细阅读半年度报告全文。 1.2本公司董事会及董事、高级管理人员保证半年度报告内容的真实性、准确性、完整性，不存在虚假 记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 1.3公司全体董事出席董事会会议。 ■ 2.4截至报告期末的优先股股东总数、前10名优先股股东情况表 □适用 √不适用 2.5控股股东或实际控制人变更情况 2.1公司简介 ■ 2.2主要财务数据 单位：元 币种：人民币 ■ 2.3前10名股东持股情况表 单位: 股 □适用 √不适用 2.6在半年度报告批准报出日存续的债券情况 □适用 √不适用 第三节 重要事项 公司应当根据重要性原则，说明报告期内公司经营情况的重大变化，以及报告期内发生的对公司经营情 况有重大影响和预计未 ...

风险提示：以上信息仅供参考，不构成投资建议。 公司公告显示，自2025年8月22日起，证券简称将由"丰华股份"变更为"鑫源智造"。此前公司已完成营 业执照变更，全称由"重庆丰华（集团）股份有限公司"变更为"重庆鑫源智造科技股份有限公司"。 8月19日主力资金净流入44.11万元，占流通市值比为0.01%。近五日主力资金净流出1863.07万元，占流 通市值比为0.61%。 截至2025年8月19日15时，丰华股份最新股价为13.64元，较前一交易日收盘价上涨0.24元，涨幅为 1.79%。当日开盘价为13.30元，最高触及13.75元，最低下探至13.12元，成交量为104515手，成交金额 达1.41亿元。 丰华股份主营业务涵盖镁铝合金汽车零部件等压铸产品生产销售，以及农机、通机及园林机械产品的研 发生产和销售。2024年8月东方鑫源集团入主后，公司主营业务范围有所扩展。2025年一季度数据显 示，鑫源农机营业收入已占公司总营收的79.80%。 ...

Investment Rating - The report maintains a "Buy" rating for the company [6][4]. Core Insights - The company achieved a revenue of 1.833 billion RMB in 1H25, representing a year-over-year increase of 23.54%, with a net profit of 326 million RMB, up 29.94% year-over-year [1]. - The growth is driven by strong demand in geospatial information and autonomous driving sectors, with overseas revenue contributing significantly [2][4]. - The company’s net profit margin continues to improve, reflecting operational efficiency and scale effects [3]. Revenue and Profitability - The geospatial information segment reported revenue of 359 million RMB in 1H25, a year-over-year increase of 87.61%, with a gross margin improvement [2]. - The autonomous driving segment generated 114 million RMB, up 43.80% year-over-year, with a significant increase in the delivery of positioning units [2]. - Overall gross margin for 1H25 was 58.13%, with a net profit margin of 17.81%, showing a year-over-year increase [3]. Future Projections and Valuation - The company is expected to maintain rapid growth, with projected net profits of 760 million RMB, 966 million RMB, and 1.217 billion RMB for 2025, 2026, and 2027 respectively [4][10]. - The target price is set at 42.01 RMB per share, based on a PE ratio of 43.2x for 2025 [4][6].

Group 1 - The 49th Dar es Salaam International Trade Fair concluded, showcasing over 60 companies from Shandong, Jiangsu, Hunan, and Guangdong, with on-site transactions exceeding 2.8 million USD, including nearly 100 million RMB in intended orders from four companies in Weihai [2] - The East Africa Trade and Logistics Center, operated by Weihai Huatan, is a key project in Tanzania, providing comprehensive services for businesses, and aims to become the most influential trade and logistics hub in East Africa [3] - Weihai's exports to Africa reached 10.43 billion RMB last year, marking a 32.1% year-on-year increase, with 572 companies engaging in trade with 55 African countries [4] Group 2 - The East Africa Trade and Logistics Center is part of a 1.4 billion RMB investment project, which includes various facilities such as overseas warehouses and a cross-border e-commerce platform, supporting over 430 Sino-African enterprises [3] - Weihai is actively expanding its trade relationships in Africa, leveraging its logistics capabilities and international shipping routes to enhance economic cooperation and participation in trade fairs [4] - Future plans include organizing policy training and practical workshops to support companies in expanding their markets and development opportunities [4]

Core Viewpoint - The story highlights the remarkable journey of two blind brothers, Zhou Fuxi and Zhou Chengxi, who have turned their disability into a strength by mastering agricultural machinery repair and modification, ultimately establishing a successful cooperative that serves local farmers and trains others in the community [1][2][3]. Group 1: Background and Skills - Zhou Fuxi and Zhou Chengxi, aged 57, learned machinery repair from their father and developed their skills through hands-on experience in their youth [2]. - After losing their sight due to retinal detachment, they adapted by using touch and sound to diagnose and repair agricultural machinery [2][3]. - Zhou Fuxi established a repair shop in 1995, and Zhou Chengxi later joined him, becoming his "eyes" in the process [2][3]. Group 2: Business Development - The brothers founded the Jiafu Tianyu Agricultural Machinery Cooperative in 2016, expanding their services to include custom machinery modifications and comprehensive agricultural services [5][6]. - Their cooperative has grown from a small team to over 100 members, generating annual revenues exceeding one million yuan [5][6]. - They have developed innovative machinery that improves planting efficiency, such as a modified electric rotary seeder that can plant 160 acres in a day [4][5]. Group 3: Community Impact and Training - The cooperative has trained over 30 apprentices, including individuals with disabilities, empowering them to become self-sufficient in agricultural work [8][7]. - The cooperative provides a full range of services, including plowing and sowing, covering over 40 surrounding towns [8]. - Zhou Fuxi aims to continue training more disabled individuals in machinery repair, fostering inclusivity and self-reliance within the community [8].

Group 1 - The total sales of excavators in China reached 120,500 units in the first half of the year, representing a year-on-year increase of 16.8% [1] - The domestic demand for earthmoving equipment is expected to maintain steady positive growth in the second half of the year, driven by mining, water conservancy projects, and equipment renewal policies, with an annual growth rate likely to remain above double digits [1] - The overall overseas demand is expected to decline, but there are regional differences in demand trends [1] Group 2 - The recovery trend in the industry has begun to transmit from excavators to non-excavator segments, with domestic sales expected to enter a growth track under the macro background of strengthening domestic demand [1] - The mining segment's production capacity has tripled compared to the beginning of the year, and the company is optimistic about the growth potential in emerging industries such as agricultural machinery and mining machinery in overseas markets [1]

Core Viewpoint - The launch of the new international transport corridor from Jinhua to Baku marks a significant development in logistics, enhancing the efficiency of trade between China and Central/Eastern Europe, while also boosting the international competitiveness of Jinhua's manufacturing sector [1][3]. Group 1: Logistics and Infrastructure - The new corridor addresses logistics pain points by providing a faster alternative to traditional sea transport and expanding the coverage of land routes [3]. - It connects key cities in Central Asia, including Kazakhstan, Uzbekistan, and Turkmenistan, and integrates with maritime transport across the Caspian Sea, creating a direct route to Azerbaijan and Eastern Europe [3]. - This development represents a key infrastructure breakthrough for Jinhua in its participation in the Belt and Road Initiative [3]. Group 2: Economic Impact - The new transport route is expected to optimize logistics costs and enhance the international competitiveness and brand reputation of Jinhua's manufacturing [3]. - Jinhua has a strong export momentum, particularly in small commodities and hardware tools, with products like daily necessities and clothing from Yiwu and hardware accessories from Yongkang [3]. - The new route will help expand market reach, further elevating the recognition of Jinhua and Yiwu in Central Asia and surrounding countries [3]. Group 3: Cooperation and Development - The corridor will facilitate the transportation of goods from Central Asia, including natural gas, rare earths, and agricultural products, while also allowing for the export of Chinese industrial equipment and renewable energy products [4]. - The initiative emphasizes mutual development and cooperation, aligning with the spirit of the Belt and Road Initiative [4]. - Jinhua is positioned to become a prominent trade and manufacturing hub along the Belt and Road, enhancing its global trade status [4].

Core Viewpoint - The Xiang Business - China-Africa Economic and Trade Promotion Event held in Changsha aims to create a high-level platform for cooperation between Xiang merchants and various sectors in Africa, focusing on innovative mechanisms, case sharing, and project implementation [1][3]. Group 1: Economic Cooperation - The number of Xiang merchants globally exceeds 4 million, with industries spread across over 180 countries and regions [3]. - Trade volume between Hunan and Africa has increased from 18.16 billion yuan in 2018 to 54.85 billion yuan in 2024, highlighting the growing economic ties [3]. - Key products exported from Hunan to Africa include construction machinery, rail transit equipment, advanced steel materials, agricultural machinery, and small hardware [3]. Group 2: Institutional Development - The "Hunan Overseas Chamber of Commerce (China-Africa) Economic Promotion Committee" was officially established to facilitate resource integration, project matching, and risk prevention for Xiang merchants [3][5]. - The establishment of this committee is expected to enhance bilateral investment and trade facilitation [3]. Group 3: Project Collaboration - During the event, representatives from various companies shared insights on project investment, industrial cooperation, and technological innovation, aiming to foster complementary advantages between China and Africa [5]. - A series of cooperation projects covering agriculture, manufacturing, information technology, and energy resources were announced, laying the groundwork for future collaborations [5]. - Multiple project agreements were signed during the event, marking a transition from intention to substantial cooperation between Xiang merchants and African enterprises [5].