责任编辑：韦子蓉 索赔条件：2025年3月5日至2025年9月30日之间买入，且2025年10月1日及以后卖出或继续持有股票的投 资者，包括个人投资者和机构投资者。（海南华铁维权入口） （本文由万商天勤（上海）律师事务所刘彦梅律师供稿，不代表新浪财经的观点。刘彦梅律师，系金融 诉讼、公司诉讼律师，辽宁大学法律硕士，具有保荐代表人（投资银行）资格、证券从业、私募基金从 业资格，并具备20年以上法律实务经验。目前已通过CPA审计、经济法、会计、战略、税法，是为数不 多的具有投行、财务思维的律师，她在证券诉讼和商事诉讼领域深耕多年，赢得了业界的好评和赞 誉。）（刘彦梅律师专栏） 受损股民可至新浪股民维权平台登记该公司维权：http://wq.finance.sina.com.cn/关注@新浪证券、微信 关注新浪券商基金、百度搜索新浪股民维权、访问新浪财经客户端、新浪财经首页都能找到我们！ 公司主要提供高空作业平台、建筑支护设备、地下维修维护设备及算力设备等多品类设备运营服务，广 泛应用于地铁等轨道交通施工的支撑和保护、城市改造项目、建筑内外装修维护、城市道路建设及维 护、绿化园林维护、设备安装及检修、物流仓储及影视 ...

受损股民可至新浪股民维权平台登记该公司维权：http://wq.finance.sina.com.cn/ 关注@新浪证券、微信关注新浪券商基金、百度搜索新浪股民维权、访问新浪财经客户端、 新浪财经首页都能找到我们！ 公司主要提供高空作业平台、建筑支护设备、地下维修维护设备及算力设备等多品类设备运营服务，广 泛应用于地铁等轨道交通施工的支撑和保护、城市改造项目、建筑内外装修维护、城市道路建设及维 护、绿化园林维护、设备安装及检修、物流仓储及影视场景搭建等。 按申万行业分类（2021），海南华铁（维权）（603300）属于非银金融-多元金融-租赁。 2025年12月26日，公司和相关责任人收到中国证监会浙江监管局下发的《行政处罚事先告知书》（浙处 罚字[2025]25号）。经查明，当事人涉嫌违法的事实如下：一、公司重大合同临时公告披露不完整， 2025年3月5日公司披露《关于子公司签署<算力服务协议>的公告》，但未披露前述对协议履行有重大 影响的条款，公司临时公告披露不完整；公司重大合同重大进展或变化披露不及时（事项二），2025年 9月30日，公司披露《关于子公司终止<算力服务协议>的公告》。该公告发布后，股票 ...

Core Insights - Hainan Huatie's overall performance shows significant growth in synergy with its computing power business, indicating successful strategic transformation [1] Financial Performance - For the first three quarters of 2025, the company achieved operating revenue of 4.447 billion yuan, a year-on-year increase of 19.38% [1] - In Q3 alone, revenue reached 1.642 billion yuan, with a further year-on-year growth rate of 20.21%, indicating a trend of accelerating growth [1] - The net profit attributable to shareholders for the first three quarters was 530 million yuan, up 8.83% year-on-year, while Q3 net profit was 189 million yuan, reflecting a 24.21% increase [1] - The net cash flow from operating activities for the first three quarters was 2.362 billion yuan, a substantial year-on-year growth of 38.10% [1] Strategic Transformation - Hainan Huatie has established a dual-driven model of "traditional equipment leasing + intelligent computing services" [1] - Following the entry of Hainan State-owned Assets in 2024, the company is focusing on various engineering equipment operation services while accelerating its strategic transformation into the intelligent computing sector [1] - The intelligent computing segment reported impressive performance, with revenue of 212 million yuan and net profit exceeding 50 million yuan for the first three quarters [2] - As of the end of September, the company had delivered computing power assets totaling 1.512 billion yuan, showing continuous growth from the previously disclosed 1.4 billion yuan [2] Industry Position - Hainan Huatie ranked 27th in the global rental top 100 (IRN100) and 3rd in the global aerial work platform rental ranking (Access50) [2]

Core Viewpoint - Hainan Huate has faced significant challenges, including a termination of a major contract worth approximately 3.69 billion yuan, leading to stock price declines and increased scrutiny from regulatory authorities [2][3]. Group 1: Regulatory Actions - On October 16, 2025, Hainan Huate received a notice from the China Securities Regulatory Commission regarding an investigation into alleged information disclosure violations [1]. - The company stated that its production and operational activities are proceeding normally and that it will cooperate with the investigation while fulfilling its disclosure obligations [1]. Group 2: Contract Termination - Hainan Huate announced the termination of a 5-year contract with Company X for providing computing power services, originally valued at 3.69 billion yuan, due to significant changes in market conditions and lack of purchase orders [2]. - Following the contract termination, the company acknowledged uncertainties regarding future orders and the sustainability of its computing power business [2]. Group 3: Shareholder Actions - Following the contract termination, major shareholders, including Hu Danfeng and the controlling shareholder Haikong Chuantou, announced plans to increase their stakes in the company [3]. - On October 14, Haikong Chuantou increased its holdings by 5.604 million shares, raising its ownership from 13.78% to 14.06%, with an investment of approximately 43 million yuan [5]. - On October 15, Hu Danfeng also increased his holdings by 6.448 million shares, totaling an investment of about 50 million yuan [5]. Group 4: Company Performance - In the first half of the year, Hainan Huate reported revenue of 2.805 billion yuan, reflecting an 18.89% year-on-year increase, and a net profit of 341 million yuan, up 1.85% year-on-year [5].

Core Viewpoint - Hainan Huatie announced the termination of a significant contract with Hangzhou X Company regarding a computing power service agreement, which was originally valued at 3.69 billion yuan, due to changes in market conditions and lack of purchase orders [1][2]. Group 1: Contract Termination - The computing power service agreement was set to last for five years, but the company has decided to terminate it as the market environment has changed significantly since the signing [1]. - No actual procurement costs or capital expenditures were incurred from the agreement, and there was no delivery or acceptance of equipment, meaning it did not impact the company's current operating results, financial status, or cash flow [1][2]. Group 2: Company Operations - The termination of the contract is classified as a routine business contract and will not affect the company's normal production and operations [2]. - The company will continue to advance its computing power business and actively seek partnerships to seize opportunities in the computing power sector [2]. Group 3: Company Profile and Financials - Hainan Huatie is a major state-owned investment operation platform in Hainan, established in 2008 and listed on the Shanghai Stock Exchange in 2015 [3]. - The company reported a revenue of 2.805 billion yuan for the first half of 2025, representing an 18.89% year-on-year increase, with a net profit of 341 million yuan, up 1.85% year-on-year [3]. - As of September 30, 2025, the company's stock price was 9.68 yuan per share, with a total market capitalization of 19.326 billion yuan [4].