机构持仓方面，截止2025年6月30日，宏昌科技十大流通股东中，华夏双债债券A（000047）位居第六 大流通股东，持股165.90万股，为新进股东。 资料显示，浙江宏昌电器科技股份有限公司位于浙江省金华市婺城区秋滨街道新宏路788号，成立日期 1996年5月3日，上市日期2021年6月11日，公司主营业务涉及流体电磁阀、传感器及其他电器配件的研 发、生产和销售。主营业务收入构成为：智能家电部件96.11%，其他3.89%。 宏昌科技所属申万行业为：家用电器-家电零部件Ⅱ-家电零部件Ⅲ。所属概念板块包括：汽车零部件、 减速器、机器人概念、人形机器人、传感器等。 截至6月30日，宏昌科技股东户数1.58万，较上期增加68.18%；人均流通股7347股，较上期减少 29.33%。2025年1月-6月，宏昌科技实现营业收入5.42亿元，同比增长20.80%；归母净利润1596.27万 元，同比减少47.78%。 分红方面，宏昌科技A股上市后累计派现1.31亿元。近三年，累计派现9071.49万元。 9月29日，宏昌科技盘中上涨2.12%，截至11:06，报45.78元/股，成交2.40亿元，换手率4.61%，总市值 ...

Company Overview - Meishuo Technology, established on February 6, 2007, is located in Leqing Economic Development Zone, Zhejiang Province, and was listed on June 28, 2023 [1] - The company specializes in the research, production, and sales of relay control components and fluid electromagnetic valve products, with main revenue sources being relays (90.71%), fluid electromagnetic valves (8.04%), and others (1.25%) [1] Financial Performance - For the first half of 2025, Meishuo Technology achieved operating revenue of 380 million yuan, representing a year-on-year growth of 27.58% [2] - The net profit attributable to shareholders for the same period was 17.44 million yuan, showing a year-on-year decrease of 13.62% [2] Shareholder and Market Activity - As of June 30, 2025, the number of shareholders for Meishuo Technology was 8,241, a decrease of 0.57% from the previous period, while the average circulating shares per person increased by 0.57% to 3,567 shares [2] - The company has distributed a total of 60.19 million yuan in dividends since its A-share listing [3] Financing and Trading Activity - On September 23, Meishuo Technology's stock price fell by 0.60%, with a trading volume of 52.05 million yuan [1] - The financing buy-in amount for the same day was 5.30 million yuan, while the financing repayment was 5.55 million yuan, resulting in a net financing outflow of 250,300 yuan [1] - The total financing and securities lending balance as of September 23 was 202 million yuan, accounting for 23.06% of the circulating market value, indicating a high level of financing activity [1]

Company Overview - Meishuo Technology Co., Ltd. is located in Leqing Economic Development Zone, Zhejiang Province, established on February 6, 2007, and listed on June 28, 2023 [1] - The company specializes in the research, production, and sales of relay control components and fluid electromagnetic valve products, with applications in home appliances, smart homes, automotive manufacturing, smart meters, industrial control, and communication facilities [1] - The main business revenue composition includes relays at 90.71%, fluid electromagnetic valves at 8.04%, and others at 1.25% [1] Stock Performance - On September 18, Meishuo Technology's stock fell by 5.03%, closing at 30.02 CNY per share, with a trading volume of 69.16 million CNY and a turnover rate of 7.61%, resulting in a total market capitalization of 3.026 billion CNY [1] Fund Holdings - Huian Fund has a significant holding in Meishuo Technology, with its Huian Multi-Strategy Mixed A Fund (005109) holding 85,600 shares, accounting for 1.42% of the fund's net value, ranking as the fourth largest holding [2] - The fund has reported a floating loss of approximately 136,100 CNY as of the latest data [2] Fund Performance - The Huian Multi-Strategy Mixed A Fund (005109) was established on November 22, 2017, with a current scale of 87.655 million CNY [2] - Year-to-date, the fund has achieved a return of 43.34%, ranking 1,419 out of 8,172 in its category; over the past year, it has returned 74.08%, ranking 1,495 out of 7,980; and since inception, it has returned 98.55% [2]

Group 1 - The core viewpoint of the news is that Hongchang Technology's stock has increased by 5.48%, reaching a price of 33.50 CNY per share, with a trading volume of 271 million CNY and a turnover rate of 7.33%, resulting in a total market capitalization of 4.387 billion CNY [1] - Hongchang Technology, established on May 3, 1996, and listed on June 11, 2021, is primarily engaged in the research, production, and sales of fluid electromagnetic valves, sensors, and other electrical components [1] - The company's main business revenue composition is 96.11% from smart home appliance components and 3.89% from other sources [1] Group 2 - Among the top ten circulating shareholders of Hongchang Technology, one fund from Huaxia Fund, Huaxia Double Bond A (000047), has entered the list in the second quarter, holding 1.659 million shares, which accounts for 1.43% of the circulating shares [2] - As of the latest data, Huaxia Double Bond A has a total scale of 1.55 billion CNY, with a year-to-date return of 12.76%, ranking 145 out of 6224 in its category, and a one-year return of 26.29%, ranking 138 out of 5898 [2] - The fund manager of Huaxia Double Bond A, Liu Wanjun, has a cumulative tenure of 11 years and 258 days, with a total asset scale of 17.774 billion CNY, achieving the best fund return of 95.64% during his tenure [2]

Group 1 - The core viewpoint of the news is that Meishuo Technology has seen a significant increase in its stock price, reflecting positive market sentiment and investor interest [1] - As of September 4, Meishuo Technology's stock price rose by 5.39% to 31.30 CNY per share, with a trading volume of 1.06 billion CNY and a turnover rate of 12.00%, resulting in a total market capitalization of 31.55 billion CNY [1] - Meishuo Technology, established on February 6, 2007, specializes in the research, production, and sales of relay control components and fluid electromagnetic valves, with its main revenue sources being relays (90.71%), fluid electromagnetic valves (8.04%), and others (1.25%) [1] Group 2 - Among the top circulating shareholders of Meishuo Technology, the Nuoan Multi-Strategy Mixed A Fund (320016) has recently entered the list, holding 431,000 shares, which accounts for 1.47% of the circulating shares [2] - The Nuoan Multi-Strategy Mixed A Fund has achieved a year-to-date return of 54.4%, ranking 527 out of 8180 in its category, and a one-year return of 110.3%, ranking 244 out of 7978 [2] - The fund manager, Kong Xianzheng, has a tenure of 4 years and 283 days, with a total fund asset size of 46.07 billion CNY, while Wang Haichang has a tenure of 3 years and 45 days, managing assets of 25.29 billion CNY [3]

Core Viewpoint - The company reported a decline in net profit despite a steady increase in revenue, primarily due to stock-based compensation and depreciation from new fixed assets [1][2]. Financial Performance - In H1 2025, the company achieved revenue of 540 million yuan, a year-on-year increase of 20.8%, but the net profit attributable to shareholders was 20 million yuan, a decrease of 47.8% [1]. - In Q2 2025, revenue was 270 million yuan, up 18.5% year-on-year and 0.6% quarter-on-quarter, while net profit was 4.03 million yuan, down 72.0% year-on-year and 66.2% quarter-on-quarter [1]. - The overall gross margin for H1 2025 was 13.8%, a decrease of 4.7 percentage points year-on-year, with a net profit margin of 2.9%, down 3.8 percentage points [2]. Business Segments - The smart home appliance components segment generated revenue of 520 million yuan in H1 2025, a year-on-year increase of 17.34%, with a gross margin of 14.59%, down 4.08 percentage points [1]. - The automotive parts business is gradually ramping up, with the company securing multiple projects from Leap Motor and providing bumper production for Geely commercial vehicles [3][4]. Growth Opportunities - Future growth points include expanding the washing machine components line and increasing sales of high-end fluid electromagnetic valves, which are expected to enhance gross margins [3]. - The company is actively investing in the robotics industry, holding a 30% stake in a joint venture focused on humanoid robot components and establishing a manufacturing facility for joint modules and reducers [4]. Profit Forecast - The company forecasts net profits attributable to shareholders of 50 million yuan, 90 million yuan, and 150 million yuan for 2025, 2026, and 2027 respectively, indicating a compound annual growth rate of 43% over the next three years [4].

Group 1 - The company Meishuo Technology (SZ 301295) announced that its fourth board meeting will be held on August 27, 2025, to review the semi-annual report for 2025 and its summary [1] - For the year 2024, the revenue composition of Meishuo Technology is as follows: relays account for 91.31%, fluid electromagnetic valves account for 7.37%, and other business revenues account for 1.33% [1]

Company Overview - Meishuo Technology, established on February 6, 2007, is located in Leqing Economic Development Zone, Zhejiang Province, and was listed on June 28, 2023 [1] - The company specializes in the research, production, and sales of relay control components and fluid electromagnetic valve products, with main products including general relays, automotive relays, magnetic latching relays, communication relays, and fluid electromagnetic valves [1] - The revenue composition of the main business is as follows: relays account for 91.31%, fluid electromagnetic valves 7.37%, and others 1.33% [1] Stock Performance - On August 28, Meishuo Technology's stock fell by 5.01%, closing at 27.10 CNY per share, with a trading volume of 116 million CNY and a turnover rate of 13.83%, resulting in a total market capitalization of 2.732 billion CNY [1] Fund Holdings - Meishuo Technology is a significant holding in one fund managed by Huaxia Fund, specifically Huaxia Zhisheng New Star Stock A (018728), which held 234,600 shares, representing 0.62% of the fund's net value, ranking as the ninth largest holding [2] - The fund has experienced a floating loss of approximately 335,500 CNY as of the report date [2] Fund Manager Performance - The fund manager of Huaxia Zhisheng New Star Stock A is Sun Meng, who has a tenure of 5 years and 166 days, with the fund's total asset size at 10.461 billion CNY [3] - During Sun Meng's tenure, the best fund return was 125.95%, while the worst return was 15.67% [3]

Group 1 - The core revenue composition of Meishuo Technology for the year 2024 is as follows: relays account for 91.31%, fluid electromagnetic valves account for 7.37%, and other business revenues account for 1.33% [1] Group 2 - Meishuo Technology (SZ 301295, closing price: 24.81 yuan) announced on July 31 that its third board meeting will be held on July 31, 2025, both in person and via communication [3]

Group 1: Financial Performance - The company's operating revenue for 2024 was 633.06 million CNY, representing a year-on-year increase of 18.77% [1] - The net profit attributable to shareholders was 27.30 million CNY, a decrease of 37.08% compared to the previous year, primarily due to rising raw material costs and price reductions from some clients [1] - Total assets amounted to 1.255 billion CNY, reflecting a year-on-year growth of 5.91% [1] Group 2: Product Revenue Breakdown - General relays generated approximately 504.00 million CNY in revenue [1] - Automotive relays contributed around 23.00 million CNY [1] - Magnetic latching relays accounted for about 49.00 million CNY [1] - Fluid solenoid valves brought in approximately 46.00 million CNY [1] Group 3: Sales and Market Development - Sales expenses increased significantly due to commissions rising alongside operating revenue [2] - The company is actively expanding its customer base in the new energy relay sector, with clients including DeYee and BYD [2] - The new energy industry is evolving towards high capacity, high reliability, and low contact resistance, necessitating the company to address customer pain points and engage during new product development [2] - Market expansion plans will adapt to customer product development schedules, with a focus on providing quality products and services in the new energy and energy storage markets [2]