数据显示，南方基金旗下1只基金位居华兴源创十大流通股东。南方中证1000ETF（512100）三季度新 进十大流通股东，持有股数81.95万股，占流通股的比例为0.18%。根据测算，今日浮盈赚取约143.41万 元。 南方中证1000ETF（512100）成立日期2016年9月29日，最新规模789.96亿。今年以来收益10.92%，同 类排名1308/5572；近一年收益32.69%，同类排名1845/4311；成立以来收益26.85%。 2月26日，华兴源创涨5.13%，截至发稿，报35.85元/股，成交1.49亿元，换手率0.97%，总市值159.35亿 元。 资料显示，苏州华兴源创科技股份有限公司位于江苏省苏州市吴中区苏州工业园区青丘巷8号，成立日 期2005年6月15日，上市日期2019年7月22日，公司主营业务涉及从事平板显示及集成电路的检测设备研 发、生产和销售。主营业务收入构成为：检测设备62.84%，治具及配件31.05%，其他3.14%，组装设备 2.97%。 从华兴源创十大流通股东角度 声明：市场有风险，投资需谨慎。 本文基于第三方数据库自动发布，不代表新浪财经观点，任何在本 文出现的信 ...

2月25日，中科飞测涨5.03%，截至发稿，报205.10元/股，成交11.54亿元，换手率2.36%，总市值718.18 亿元。 资料显示，深圳中科飞测科技股份有限公司位于广东省深圳市龙华区观澜街道观光路银星科技园1301 号，成立日期2014年12月31日，上市日期2023年5月19日，公司主营业务涉及检测和量测两大类集成电 路专用设备的研发、生产和销售。主营业务收入构成为：检测设备60.72%，量测设备36.40%，服务及 其他2.88%。 前海开源高端装备制造混合A（001060）基金经理为魏淳。 截至发稿，魏淳累计任职时间7年50天，现任基金资产总规模25.23亿元，任职期间最佳基金回报 171.39%， 任职期间最差基金回报-30.8%。 从基金十大重仓股角度 数据显示，前海开源基金旗下1只基金重仓中科飞测。前海开源高端装备制造混合A（001060）四季度 减持10.98万股，持有股数7.58万股，占基金净值比例为5.81%，位居第九大重仓股。根据测算，今日浮 盈赚取约74.39万元。 前海开源高端装备制造混合A（001060）成立日期2015年3月27日，最新规模1.51亿。今年以来收益 17. ...

2024年—2025年度，高盛生物因市场竞争激烈，收入和毛利率下降；受财政资金紧张、公安客户缩减预 算开支的持续影响，公司部分公安客户回款不及时，进一步加剧公司应收账款及存货的资金占用，这些 因素导致2024年、2025年度实现业绩与收购时营业收入和净利润预测值差异较大。 如2023年，高盛生物的主要客户公安局受财政预算缩减等因素影响，行业竞争加剧，高盛生物中标金额 由2022年11,021.31万元下降至6,812.50万元，下降幅度达38.19%，2023年受需求影响收入利润同比大幅 度下滑。 因此前收购的一家司法鉴定技术公司业绩下滑，北海国发川山生物股份（600201）有限公司(证券简 称：国发股份（600538），600538.SH)对其连续三年计提大额商誉减值。 2月23日晚，国发股份发布公告，回复上海证券交易所此前对公司2025年度业绩预告的问询函，就营业 收入、医药流通业务、以及商誉减值等情况进行了说明。此前，国发股份于1月16日发布业绩预亏公 告，公司预计2025年度实现营业收入约3.3亿元，归母净亏损约8500万元；扣非归母净亏损8550万元左 右。 国发股份主营业务包括医药制造及医药流通、 ...

新春伊始 宝安资本市场喜讯连连！ 2月6日，宝安企业—— 深圳市大族数控科技股份有限公司 正式在香港联交所主板鸣锣上市 成功跻身"A+H"双资本平台行列 为宝安区高质量发展的开局画卷 再添浓墨重彩的一笔 根据招股说明书，大族数控本次上市募集资金将主要用于提升研发及营运能力，扩大海外产品销售及营销能力、完善全球分销渠道与销售网络以提高品牌 全球知名度，提升PCB专用设备产能等。 随着成功构建"A+H"双资本平台，大族数控将以更强大的资源禀赋和全球化布局，深度嵌入AI服务器、智能驾驶等高端制造价值链核心环节，为全球算力 基础设施建设提供关键装备支撑，向全球PCB装备核心服务商进一步跃升。 AI赋能高端PCB行业 聚势黄金赛道引领产业变革 AI大模型的爆发式增长 正在重构全球电子产业生态 面对行业发展的新机遇 大族数控制定了清晰的战略规划 01 AI产业领域 在AI产业领域，大族数控紧抓AI服务器高多层板HDI、800G/1.6T高速光模块及AI智能手机SLP等高价值细分PCB产品的加工设备需求，完善钻孔产品体 系，提供具有更高技术能力的新型机械钻孔设备、激光钻孔设备、数字成像设备及检测设备。这类新产品预计可满足下 ...

Core Insights - The company, Han's CNC Technology Co., Ltd., has officially listed on the Hong Kong Stock Exchange, marking a significant milestone in its growth trajectory as a leading provider of PCB production solutions [3][18][20] - The surge in demand for AI computing power is creating a golden opportunity for the PCB industry, prompting the company to expand its global market presence and enhance its service offerings [20][26] - The company has secured cornerstone investments totaling approximately $310 million from prominent institutions, indicating strong investor confidence in its business model and growth potential [20][28] Company Overview - Founded in 2002, the company has established itself as a global leader in the PCB production equipment sector, focusing on innovative solutions that cater to the growing AI computing market [20][26] - The company aims to become the most respected and trusted PCB equipment service provider globally, leveraging its unique business model and technological innovations [26][30] Financial Performance - The company anticipates a significant increase in net profit for 2025, projecting between 785 million to 885 million yuan, representing a year-on-year growth of 160.64% to 193.84% [11][28] - This growth is primarily driven by heightened demand for high-layer HDI boards used in AI servers and high-speed switches, showcasing the company's robust order acquisition and profitability [11][28] Strategic Initiatives - The company is committed to enhancing its R&D and operational capabilities, expanding overseas sales and marketing efforts, and improving its global distribution channels to elevate brand recognition [3][18] - It is focusing on high-value PCB products for AI applications, including advanced HDI boards and laser processing technologies, to meet the evolving demands of the market [10][27] Market Positioning - The company has developed a comprehensive product matrix that covers various PCB manufacturing processes, positioning itself as a partner in innovation for its clients [30][31] - By establishing strategic partnerships and a global sales network, the company has gained recognition from major industry players and aims to solidify its leadership in the PCB and electronics sectors [31][32]

Group 1 - The core viewpoint of the article is that Dazhu CNC, the largest PCB specialized production equipment manufacturer in mainland China, is set to be listed in Hong Kong on February 6, with its stock price in the dark market rising by 21.71% compared to the offering price [1] - Dazhu CNC was established in 2002 and focuses on the research, production, and sales of equipment for printed circuit boards (PCBs), with major products including drilling, inspection, and exposure equipment, as well as applications in high-density interconnect boards (HDI) and IC substrates [1] - The company is projected to derive the majority of its revenue from mainland China, holding a market share of 10.1% in the PCB specialized production equipment sector [1] Group 2 - Dazhu CNC was previously a platform under Dazhu Laser dedicated to PCB business and was spun off in 2022 to be independently listed on the Shenzhen Stock Exchange's ChiNext [1] - The company has attracted cornerstone investors including Hongxing International under Shenghong Technology, GIC, Schroders, Hillhouse Capital, Morgan Stanley, and others, with a total investment amounting to $310 million [1] - The stock's dark market closing price was reported at 116.6 HKD, with a trading volume of 1.6486 million shares and a total market capitalization of 55.497 billion HKD [1]

Group 1 - Zhongke Feimeasure's stock increased by 5.06%, reaching 187.00 CNY per share, with a trading volume of 808 million CNY and a turnover rate of 1.77%, resulting in a total market capitalization of 65.481 billion CNY [1] - The company, established on December 31, 2014, is located in Longhua District, Shenzhen, Guangdong Province, and was listed on May 19, 2023. Its main business involves the research, production, and sales of integrated circuit-specific equipment in two categories: testing and measurement [1] - The revenue composition of Zhongke Feimeasure includes 60.72% from testing equipment, 36.40% from measurement equipment, and 2.88% from services and other sources [1] Group 2 - Minsheng Jia Yin Fund has a significant holding in Zhongke Feimeasure, with its Minsheng Jia Yin Ju You Selected Mixed A Fund (013296) holding 46,000 shares, accounting for 5.42% of the fund's net value, making it the second-largest holding [2] - The fund has generated an estimated floating profit of approximately 414,200 CNY today [2] - The Minsheng Jia Yin Ju You Selected Mixed A Fund was established on October 14, 2021, with a current scale of 127 million CNY, achieving a year-to-date return of 17.27% and a one-year return of 36.88% [2]

Group 1 - The core viewpoint of the news is that Huaxing Yuanchuang's stock experienced a decline of 5.37% on February 2, with a trading volume of 175 million yuan, indicating a potential concern among investors [1] - As of February 2, Huaxing Yuanchuang's financing balance was 163 million yuan, accounting for 1.18% of its market capitalization, which is below the 30th percentile level over the past year, suggesting a low financing level [1] - The company reported a significant increase in revenue and net profit for the period from January to September 2025, with revenue reaching 1.579 billion yuan, a year-on-year growth of 23.68%, and a net profit of 152 million yuan, a year-on-year increase of 396.43% [2] Group 2 - Huaxing Yuanchuang has distributed a total of 437 million yuan in dividends since its A-share listing, with 207 million yuan distributed in the last three years [3] - As of September 30, 2025, the number of shareholders increased by 14.24% to 12,500, while the average circulating shares per person decreased by 12.46% to 35,624 shares [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 1.4327 million shares to 2.5824 million shares, and Southern CSI 1000 ETF, which is a new shareholder holding 819,500 shares [3]

Financial Data and Key Metrics Changes - The company reported a 14% increase in adjusted EPS to $9.61 for the quarter and a 16% increase for the full year, exceeding the raised guidance from the third quarter [5][6] - Organic growth reached 5% in the fourth quarter, marking the highest level of the year, with bookings up 10% in the quarter and 6% for the full year [4][12] - Segment EBITDA margins improved by 60 basis points to 24.8% in the quarter, driven by volume leverage and productivity initiatives [4] Business Line Data and Key Metrics Changes - Engineered Products revenue declined due to lower volumes in vehicle services, but margins improved by over 200 basis points due to cost management and product mix [7] - Clean Energy & Fueling segment saw a 4% organic growth, led by strong shipments in clean energy components and North American retail fueling software [7][8] - Imaging and ID segment grew 1% organically, maintaining a strong EBITDA margin of 28% despite some margin pressure from foreign currency translation [8] - Pumps and Process Solutions experienced an 11% organic growth, driven by demand in biopharma components and digital controls for energy infrastructure [9] Market Data and Key Metrics Changes - Climate and Sustainability Technologies posted a 9% organic growth, with significant demand for CO2 refrigeration systems and record shipments in the U.S. [9] - The company reported a book-to-bill ratio of 1.21 in the Climate and Sustainability Technologies segment, indicating a strong outlook for 2026 [9] Company Strategy and Development Direction - The company is focused on organic investment as the highest priority for capital spending, with a significant increase in capital spending in 2025 [12][14] - The acquisition strategy remains strong, with $700 million deployed across four strategic acquisitions in high-growth markets [14] - The company aims for double-digit EPS growth in 2026, supported by solid demand trends and a strong order book [6][19] Management's Comments on Operating Environment and Future Outlook - Management expressed a constructive outlook for 2026, with no individual end market presenting a material headwind based on current visibility [6][19] - The company anticipates solid volume leverage and carryover benefits from prior restructuring efforts, contributing to a positive setup for 2026 [19] - Management noted that the demand for single-use biopharma components remains strong, driven by production growth and a shift to single-use manufacturing methods [17] Other Important Information - Free cash flow in the fourth quarter was $487 million, representing 23% of revenue, with a full-year free cash flow result of 14% of revenue, an increase of nearly $200 million over the prior year [11] - The company is in a strong position to deploy capital for growth opportunities while maintaining balance sheet flexibility [6][14] Q&A Session Summary Question: What are the expectations for price cost management this year? - Management expects to manage raw material costs with a price increase of 1.5-2% embedded in the guidance [27][28] Question: Has anything changed in the economic outlook recently? - Management remains positive, citing strong organic growth and good backlog performance [30] Question: What is the expected operating leverage for the Clean Energy & Fueling segment? - Management indicated that the segment will benefit from prior restructuring, with margin enhancements expected to be back-end loaded [35] Question: What is the growth outlook for the retail fueling CapEx cycle? - Management noted that the growth is primarily a North American phenomenon, with increasing CapEx in retail fueling expected to drive returns [61] Question: How does the company view potential divestitures? - Management is currently comfortable with the portfolio but remains open to considering divestitures if they align with shareholder interests [121] Question: What is the expected contribution of backlog to 2026 revenues? - Management indicated that the backlog is strong, particularly in refrigeration, and will be a key factor in revenue performance [134]

全球發售 深圳市大族數控科技股份有限公司 SHENZHEN HAN'S CNC TECHNOLOGY CO., LTD. （於中華人民共和國註冊成立的股份有限公司） 股份代號 : 3200 獨 家 保 薦 人、保 薦 人 兼 整 體 協 調 人、聯 席 全 球 協 調 人、聯 席 賬 簿 管 理 人 及 聯 席 牽 頭 經 辦 人 整 體 協 調 人、聯 席 全 球 協 調 人、聯 席 賬 簿 管 理 人 及 聯 席 牽 頭 經 辦 人 聯 席 全 球 協 調 人、聯 席 賬 簿 管 理 人 及 聯 席 牽 頭 經 辦 人 SHENZHEN HAN 深圳市大族數控科技股份有限公司 重要提示 重要提示： 閣下對本招股章程任何內容如有任何疑問，應徵詢專業獨立意見。 SHENZHEN HAN'S CNC TECHNOLOGY CO., LTD. 深圳市大族數控科技股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 全球發售 | 全球發售項下的發售股份數目 | ： | 50,451,800股H股（視乎超額配股權行使與否而定） | | --- | --- | --- | | 香港發售股份數目 | ： | 5,04 ...