Core Viewpoint - Hai Guo Co., Ltd. is a significant player in the domestic large and medium-sized equipment specialized forgings sector, focusing on the research, production, and sales of customized forging products and components, with strong technical capabilities and product quality advantages [1] Group 1: Company Overview - Hai Guo Co., Ltd. was established on June 8, 2001, and listed on the Shenzhen Stock Exchange on September 24, 2021, with its registered and office address in Zhangjiagang, Jiangsu Province [1] - The company specializes in the research, production, and sales of large and medium-sized equipment specialized forgings, serving various industries including oil and gas extraction and wind power generation [1] Group 2: Financial Performance - In Q3 2025, Hai Guo Co., Ltd. achieved a revenue of 1.458 billion yuan, ranking 21st among 58 companies in the industry, while the industry leader, Zhongchuang Zhiling, reported a revenue of 30.745 billion yuan [2] - The net profit for the same period was 49.0934 million yuan, placing the company 38th in the industry, with the top performer, Zhongchuang Zhiling, reporting a net profit of 3.705 billion yuan [2] Group 3: Financial Ratios - As of Q3 2025, the company's debt-to-asset ratio was 39.65%, an increase from 34.98% in the previous year, which is lower than the industry average of 46.18% [3] - The gross profit margin for the same period was 10.39%, up from 9.21% year-on-year, but still below the industry average of 26.77% [3] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 1.88% to 9,816, while the average number of circulating A-shares held per account increased by 20.94% to 9,845.89 [5] Group 5: Business Highlights and Future Outlook - In the first half of 2025, the company reported significant growth, with revenue of 950 million yuan, a year-on-year increase of 49.8%, and a net profit of 33.865 million yuan, up 111% year-on-year [5] - The company is positioned in high-end equipment manufacturing, with a focus on oil and gas and wind power sectors, benefiting from the recovery in oil and gas exploration and development, as well as stable growth in the wind power gearbox market [5] - EPS forecasts for 2025 to 2027 are 0.78 yuan, 1.06 yuan, and 1.39 yuan, respectively, with a target price of 32.86 yuan based on a 31x PE for 2026 [5]

Group 1 - The core point of the news is that Haigao Co., Ltd. experienced a stock price increase of 5.01%, reaching 28.07 CNY per share, with a trading volume of 1.04 billion CNY and a turnover rate of 4.62%, resulting in a total market capitalization of 29.29 billion CNY [1] - Haigao Co., Ltd. is located in Zhangjiagang, Jiangsu Province, and was established on June 8, 2001, with its listing date on September 24, 2021. The company specializes in the research, production, and sales of large and medium-sized equipment-specific forgings, which are widely used in oil and gas extraction, wind power generation, mechanical equipment, shipping, and nuclear power [1] - The main business revenue composition of Haigao Co., Ltd. includes wind power equipment forgings at 41.85%, oil and gas equipment forgings at 34.37%, other products at 18.51%, and mechanical equipment forgings at 5.27% [1] Group 2 - From the perspective of fund holdings, Taiping Fund has one fund heavily invested in Haigao Co., Ltd. The Taiping Kechuang Selected Mixed Fund A (019575) held 28,000 shares in the second quarter, accounting for 6.8% of the fund's net value, making it the second-largest holding [2] - The Taiping Kechuang Selected Mixed Fund A (019575) was established on January 30, 2024, with a latest scale of 11.36 million CNY. Year-to-date returns are 22.93%, ranking 3465 out of 8254 in its category, while the one-year return is 53.77%, ranking 2261 out of 8037 [2] - The fund manager of Taiping Kechuang Selected Mixed Fund A (019575) is Yang Xingyuan, who has been in the position for 2 years and 137 days, with a total asset scale of 12.27 million CNY. The best fund return during his tenure is 26.75%, while the worst return is -28.99% [2]

Group 1 - The core viewpoint of the news highlights the financial performance and market activity of Haigang Co., indicating a significant increase in revenue and net profit, alongside notable trading activity in the stock market [1][2][3] Group 2 - As of August 25, Haigang Co. experienced a stock price increase of 0.89%, with a trading volume of 79.93 million yuan. The financing buy-in amount was 8.58 million yuan, while the financing repayment was 20.05 million yuan, resulting in a net financing buy-in of -11.47 million yuan [1] - The total financing and securities balance for Haigang Co. reached 127 million yuan, accounting for 4.30% of the circulating market value, which is above the 60th percentile level over the past year [1] - The company specializes in the research, production, and sales of large and medium-sized specialized forged components, with a revenue composition of 91.50% from forgings, 7.89% from scrap, 0.29% from material sales, 0.28% from processing fees, and 0.04% from rent [1] Group 3 - As of March 31, the number of shareholders for Haigang Co. was 13,800, an increase of 79.77% from the previous period, while the average circulating shares per person decreased by 46.85% to 5,889 shares [2] - For the first quarter of 2025, Haigang Co. reported a revenue of 440 million yuan, representing a year-on-year growth of 47.72%, and a net profit attributable to shareholders of 20.55 million yuan, which is a 191.74% increase year-on-year [2] Group 4 - Since its A-share listing, Haigang Co. has distributed a total of 56.34 million yuan in dividends, with 43.70 million yuan distributed over the past three years [3]