登录新浪财经APP 搜索【信披】查看更多考评等级 来源：环球网 【环球网财经综合报道】9月17日，昊海生科（688366.SH）公告称，公司控股股东、实际控制人之一 蒋伟于今年5月收到中国证监会出具的《立案告知书》，因涉嫌内幕交易被立案调查。昊海生科表示， 该事项仅涉及蒋伟个人，与公司无关，且蒋伟不参与公司日常经营管理，因此不会对公司的日常经营、 业务及财务造成重大影响。公司称，最终行政处罚结果将以中国证监会对蒋伟出具的《行政处罚决定 书》为准，并将持续关注事项进展，及时履行信息披露义务。 （图片来 源：上市公司公告） 公开资料显示，昊海生科业务覆盖玻尿酸、表皮修复基因工程制剂、射频及激光设备四大品类，产品应 用于医疗美容、生活美容及家用美容三大场景。 公司2024年半年度报告显示，受多个产品线主营业务收入减少影响，上半年业绩出现下滑。期内实现营 业收入130,440.28万元，同比下降7.12%；主营业务收入为129,755.17万元，同比减少7.52%。从细分业 务来看，医疗美容与创面护理产品收入57,544.98万元，同比下降9.31%；眼科产品收入36,754.10万元， 降幅达18.61%；骨科产品 ...

Core Viewpoint - The company, Haohai Biological Technology Co., Ltd., has a current stock price of 56.75 yuan, with a rolling PE ratio of 31.94, marking a new low in 94 days, and a total market capitalization of 13.199 billion yuan [1] Company Summary - Haohai Biological specializes in the research, production, and sales of medical devices and pharmaceuticals, with key products including ophthalmic viscoelastic devices, artificial lenses, optical materials, hyaluronic acid, and medical chitosan [1] - The latest quarterly report for Q1 2025 shows the company achieved a revenue of 619 million yuan, a year-on-year decrease of 4.25%, and a net profit of 90.312 million yuan, down 7.41%, with a gross profit margin of 69.52% [1] Industry Summary - The average PE ratio for the medical device industry is 59.49, with a median of 40.19, positioning Haohai Biological at 61st place within the industry [2] - The company’s PE ratio is significantly lower than the industry average, indicating potential undervaluation compared to peers [2]

Group 1 - The core viewpoint of the articles highlights the performance and valuation of Haohai Biological Technology Co., Ltd. in the medical device industry, noting its current stock price and market capitalization [1][2] - As of June 3, the company's stock closed at 53.32 yuan, with a rolling PE ratio of 30.09, marking a new low in 28 days, and a total market value of 12.434 billion yuan [1] - The average PE ratio for the medical device industry is 50.80, with a median of 36.71, positioning Haohai Biological at the 66th rank within the industry [1][2] Group 2 - The latest quarterly report for Q1 2025 shows that the company achieved a revenue of 619 million yuan, reflecting a year-on-year decrease of 4.25%, and a net profit of 90.31 million yuan, down 7.41% year-on-year, with a gross margin of 69.52% [1] - As of the Q1 2025 report, three institutions hold shares in Haohai Biological, with a total of 2.4635 million shares valued at 146 million yuan [1]

昊海生科展馆视觉中国供图 羊城晚报记者 汪海晏 近日，上海昊海生物科技股份有限公司（以下简称"昊海生科"）发布公告称，公司控股股东、实际控制 人之一蒋伟因涉嫌内幕交易，被中国证监会立案调查，但此事与公司股票无关。 不过，尽管蒋伟本人并不在上市公司担任具体职务，也不参与公司日常经营管理，公司日常运作由以侯 永泰、吴剑英为核心的专业管理团队负责。但作为创始人与实控人，蒋伟对公司发展方向有着深远影 响。 早期，昊海有限公司通过引入上海华源生命科学研究开发有限公司完成首次增资，切入医用透明质酸钠 （即玻尿酸）领域。此后，昊海生科开启频繁的并购扩张之路，在眼科领域，2015-2021年间接连收购 昊海生科在公告中特别强调："本次事项系对蒋伟先生个人的调查，其不参与公司日常经营管理，该事 项不会对公司日常经营活动产生重大影响。"尽管公司极力撇清与该事件的关系，但资本市场迅速作出 反应。截至5月9日收盘，A股昊海生科股价收报52元，下跌0.5%，总市值121亿元；港股股价则下跌 1.69%。 5月11日，羊城晚报记者就该事件对公司带来的影响、公司目前的应对措施、未来战略规划等相关问题 采访昊海生科，截至发稿未收到回复。 实 ...

Core Viewpoint - The company, Haohai Biological Technology (昊海生科), is facing significant challenges due to insider trading investigations involving its major shareholder, Jiang Wei, and a sharp decline in revenue growth and profitability in its core business segments, particularly in the medical aesthetics sector [1][2]. Financial Performance - In 2024, Haohai's revenue growth plummeted to 1.64%, with net profit only slightly increasing by 1.04%. In Q1 2025, both revenue and net profit further declined, with revenue decreasing by 4.25% and net profit dropping by 7.41% [1]. - The company announced a cash dividend of 231 million yuan in 2024, which accounted for 54.92% of its net profit, raising concerns about its financial sustainability amid declining performance [1][8]. Business Segments - The medical aesthetics segment, particularly the hyaluronic acid business, saw revenue of 742 million yuan in 2024, a significant slowdown from a 95.54% growth in 2023 to just 23.23% [5][6]. - The ophthalmology segment, as the second-largest supplier of artificial lenses in China, experienced a revenue decline of 7.60% in 2024, with specific product lines like artificial lenses and ophthalmic viscoelastic devices seeing drops of 14.06% and 19.53%, respectively [7][8]. Market Challenges - The hyaluronic acid market is facing intense competition, with over 400 brands and more than 50 approved Class III medical devices, leading to market saturation [5][6]. - The rise of alternative materials, such as collagen-based products, is impacting the demand for hyaluronic acid, with the retail market for collagen products projected to reach 173.8 billion yuan by 2027 [6]. - Regulatory changes have also affected the radiofrequency and laser equipment business, with new classifications requiring re-approval, leading to a 6.97% revenue decline in this segment [6]. Governance and Control - Jiang Wei and his wife, You Jie, control approximately 45.82% of the company’s shares, allowing them significant influence over corporate decisions despite Jiang not holding an official position [5][1]. - Concerns about corporate governance have been heightened due to the ongoing investigation into Jiang Wei, which may reflect deeper issues within the company's management practices [1][2].

Core Viewpoint - Haohai Biological Technology's performance in 2024 shows stagnation in revenue and profit growth, primarily due to the declining market for hyaluronic acid and the impact of national procurement policies on its ophthalmology and orthopedics segments [3][5][16]. Revenue and Profit Summary - In 2024, Haohai Biological Technology achieved revenue of 2.698 billion yuan, a year-on-year increase of 1.64%, and a net profit of 420 million yuan, up 1.04% year-on-year [3]. - The medical beauty and wound care products contributed 1.195 billion yuan to revenue, accounting for 44.30% of total revenue, with a growth of 13.08% year-on-year [8]. Business Segment Analysis - The medical beauty segment, which includes hyaluronic acid, epidermal growth factor, and RF and laser equipment, generated 742 million yuan from hyaluronic acid, representing 62.05% of the medical beauty segment [8]. - The ophthalmology segment generated 858 million yuan, accounting for 31.79% of total revenue, showing a decline of 7.60% year-on-year [16]. Market Dynamics - The hyaluronic acid market is experiencing increased competition and a decline in growth, with high-end products facing challenges from competitors like Juvederm and Restylane [14]. - The rise of alternative products, such as hydroxyapatite, is reshaping the aesthetic market, as consumers are becoming more cautious about hyaluronic acid fillers [14]. Regulatory Impact - The regulatory changes in 2022 have affected the sales of RF and laser devices, with significant reductions in revenue from home-use and aesthetic-grade products starting in 2023 [15]. Product Performance - The revenue from cataract surgeries in 2024 was 420 million yuan, down 15.33% year-on-year, with artificial lenses and ophthalmic viscoelastic devices also showing declines [20].