10月10日，海伦哲盘中上涨2.01%，截至10:34，报5.59元/股，成交1.02亿元，换手率1.83%，总市值 56.41亿元。 分红方面，海伦哲A股上市后累计派现1.49亿元。近三年，累计派现6443.55万元。 机构持仓方面，截止2025年6月30日，海伦哲十大流通股东中，交银启诚混合A（014038）位居第八大 流通股东，持股356.08万股，为新进股东。 资金流向方面，主力资金净流入559.21万元，特大单买入623.73万元，占比6.09%，卖出0.00元，占比 0.00%；大单买入2810.97万元，占比27.47%，卖出2875.50万元，占比28.10%。 海伦哲今年以来股价涨6.88%，近5个交易日涨8.97%，近20日涨7.50%，近60日涨3.90%。 资料显示，徐州海伦哲专用车辆股份有限公司位于江苏省徐州经济开发区宝莲寺路19号，成立日期2005 年3月21日，上市日期2011年4月7日，公司主营业务涉及专用汽车的研发、生产、销售和服务。主营业 务收入构成为：高空作业车44.89%，军品和消防车26.35%，电源车20.85%，备件修理培训4.75%，抢修 车2.64%，其他0. ...

证券日报网讯海伦哲（300201）9月26日发布公告，在公司回答调研者提问时表示，公司是高空作业 车、高空作业平台、电源车、配电车、消防车等国家标准或行业标准主导起草单位，在高空作业车轻量 化、大高度、智能化、绝缘型不停电作业方面始终引领行业发展，在中高端市场占据主要地位。公司始 终坚持"技术领先型的差异化"发展战略，高空作业车等多项产品国内技术领先，已实现绝缘车国产替 代，同时也已成为国内产品种类多、功能全，解决方案完备的电力应急保障车系统提供商。公司全资子 公司格拉曼是国家认定的定点研发生产和销售消防车、军用特种车辆的企业，拥有百年历史，是我国消 防车行业的骨干企业，具有罐式类、举高类、特种类等消防车产品和特种应急救援、洗消类军用装备的 生产资质，目前拥有系列水罐泡沫消防车、抢险救援消防车、城市主战消防车、举高消防车、登高消防 车、其他特种消防车、消防机器人、各类特种应急救援、洗消装备等近百种型号的产品；在基础设施、 设备与研发、生产能力和检测试验条件等方面达到了国内同行业领先水平，具有年产各类装备2000余台 的能力。 ...

Group 1: Fund Market Developments - In September, the market is expected to see the launch of 97 new funds, with equity funds dominating, including 52 stock funds, primarily passive index or enhanced index products, indicating continued expansion of ETFs [1] - The China Securities Regulatory Commission reported that as of September 5, 12 institutions have applied for 17 ETF-FOFs, with 16 expected to be submitted by 2025, reflecting a growing interest in ETF-FOFs due to market recovery and rising ETF popularity [1] Group 2: Hong Kong Stock Market Financing - The Hong Kong stock market has seen active refinancing activities, with total placement financing exceeding 200 billion HKD this year, marking a 506.33% year-on-year increase [2] - As of September 5, there have been 281 placements completed, with many companies adopting discounted placements to attract investors, indicating a rapid pace of financing [2] Group 3: Robotics Industry Financing - In the robotics sector, financing in the first eight months of this year has surpassed the total for the entire previous year, reaching 1.8 times last year's total, driven by a surge in capital interest, particularly in embodied intelligence [3] - Companies like Meikaman and Beijing Xingdong have announced significant funding rounds, indicating robust investor confidence in the robotics industry [3] Group 4: Automotive Industry Insights - Changan Automobile's executive vice president stated that at least 35% of users will continue to choose fuel vehicles despite the rapid development of new energy vehicles, highlighting a dual focus on both fuel and new energy vehicles [4][5] - The current number of private charging piles in China is only 12.49 million, suggesting that for many households without charging facilities, fuel vehicles remain a practical choice [5] Group 5: Battery Technology Advancements - CATL introduced the NP3.0 technology platform, which can prevent fire and smoke during thermal runaway, enhancing safety in battery technology [5] Group 6: Stock Market Movements - The U.S. stock market experienced declines, with the S&P 500 down 0.32% and the Dow Jones down 0.48%, amid concerns over disappointing non-farm payroll data and rising recession fears [9] - The market anticipates potential interest rate cuts by the Federal Reserve, with increased speculation on a 50 basis point cut in September [9]

Group 1 - The company, Helen Zhe (300201), reported that as of the end of August, it has signed 112 new orders for robotic insulated boom trucks, amounting to 154 million yuan [1] - Additionally, the company has secured 121 new orders for power vehicles, totaling 266 million yuan as of the end of August [1]

Group 1 - The company, Helen Zhe (300201.SZ), reported that as of the end of August, it has secured 112 new orders for robotic insulated boom trucks, amounting to 154 million yuan [1] - As of the end of August, the company has also signed 121 new orders for power vehicles, totaling 266 million yuan [1] - The company has sold over 50 units of firefighting and rescue robots developed this year, along with sales of anchoring test and experimental robots, and automated disinfection system robots [1]

Group 1: Company Performance - The company achieved a revenue of 803 million yuan in the first half of 2025, representing a year-on-year growth of 53.86% [4] - The net profit for the same period was 83.67 million yuan, showing a significant increase of 63.42% year-on-year [4] - As of the end of August 2025, the company signed 112 orders for robotic insulated vehicles, amounting to 154 million yuan [3] - The company also secured 121 orders for power supply vehicles, totaling 26.599 million yuan [3] Group 2: Market Expansion and Product Development - The company is focusing on international business expansion, targeting markets in the Middle East, Southeast Asia, Russia, and Australia [3] - The company has successfully delivered rolling batch orders in the Malaysian market, indicating positive progress [3] - The company’s new small lightweight power supply vehicle has received favorable market feedback, with new orders exceeding 60 million yuan [7] - The GKJH40 high-altitude, high-voltage insulated vehicle is expected to enter the market in November 2025 [6] Group 3: Investor Relations and Market Management - The company emphasizes long-term value creation for shareholders through business optimization, performance improvement, and cash dividends [2] - The management reassured investors about the stability of the company’s operations despite stock price fluctuations [4] - The company is actively managing its market image and maintaining communication with investors [2] - The company is addressing shareholder disputes, stating that they do not significantly impact normal operations [4] Group 4: Strategic Partnerships and Collaborations - The company signed a strategic cooperation agreement with China Aneng Group for emergency equipment development and market expansion [7] - The company is involved in a competitive negotiation procurement with the State Grid Corporation for special vehicles, amounting to 253 million yuan [7]

Core Viewpoint - The company aims to achieve significant growth in its operational performance and establish itself as a leading enterprise in the special intelligent equipment manufacturing industry by 2025 [3][26]. Company Overview and Financial Indicators - The company reported a revenue of approximately 802.88 million yuan for the first half of 2025, representing a 53.86% increase compared to the same period last year [2]. - The net profit attributable to shareholders was approximately 63.10 million yuan, a 29.25% increase year-on-year [2]. - The basic earnings per share increased by 71.43% to 0.0888 yuan [2]. Industry Situation - The demand for special vehicles, such as aerial work vehicles and emergency response vehicles, is expected to grow steadily due to ongoing urban infrastructure development and the need for reliable power supply [3][4]. - The special vehicle industry is characterized by diverse customer needs, high technical barriers, and seasonal demand patterns [4][5]. Company Position in the Industry - The company is recognized as a leading provider of high-altitude operation vehicles in China, with a comprehensive product range and established market position [5][6]. - The company has developed a full series of emergency drainage vehicles and is continuously enhancing its product competitiveness through innovation [5][6]. Main Products - The company offers a wide variety of high-altitude operation vehicles, including insulated aerial work vehicles and customized special equipment for various industries [8][9]. - The product lineup includes emergency power supply vehicles, which are tailored for electricity, communication, and municipal emergency supply operations [10][11]. Business Model - The company employs a business model that combines customized production with predictive batch production to meet market demands efficiently [20][21]. - The sales strategy focuses on major clients in the electricity, municipal, and emergency rescue sectors, leveraging technological advantages to meet specific customer needs [21][22]. Key Developments in the First Half of 2025 - The company has made significant progress in research and development, launching new products such as high-altitude insulated vehicles and emergency drainage vehicles [23][24]. - The company has seen a surge in orders for electric power emergency vehicles, indicating strong market demand [24]. Competitive Advantages - The company maintains a strong market position due to its comprehensive product range, technological innovation, and solid customer relationships [26]. - The subsidiary, Graman, is a well-established player in the fire truck industry, enhancing the company's competitive edge in emergency response equipment [26].

Group 1 - The Fourth China-Africa Economic and Trade Expo was held in Changsha, Hunan from June 12 to 15, attracting representatives from 53 African countries and over 4,700 Chinese and African enterprises, associations, and financial institutions, with a total attendance exceeding 30,000 and an exhibition area of 100,000 square meters, marking a historical high in scale [1] - The expo featured various specialized exhibition areas and thematic exchanges focusing on key areas of China-Africa economic and trade cooperation, including clean energy, energy conservation and environmental protection, and engineering machinery [4] - The outdoor engineering machinery exhibition highlighted the new energy sector, showcasing a "Zero Carbon Technology Park" that demonstrated microgrid construction scenarios, including a 360-square-meter photovoltaic corridor that operated in conjunction with power supply vehicles for self-sustaining power at the venue [4] Group 2 - Gambian farmer Musa Dabo attended the expo to learn about China's grain processing techniques, reflecting the deepening agricultural cooperation between China and Africa, with several Chinese agricultural aid projects being implemented across Africa [5] - Under the guidance of Chinese hybrid rice technology experts, Musa's farm transitioned to a fully mechanized operation, expanding rice planting from 3 hectares to over 100 hectares, shifting from losses to profitability [7] - The introduction of agricultural machinery and comprehensive technical guidance by Chinese experts has significantly improved local employment opportunities, with Musa aiming to attract 10,000 young people to engage in agriculture [7]

Investment Rating - The report assigns an "Accumulate" rating for the company, marking its first coverage [1]. Core Insights - The company has demonstrated steady growth in performance, with a significant increase in new orders [4][5]. - In 2024, the company achieved a revenue of 1.591 billion yuan, a year-on-year increase of 17.69%, and a net profit attributable to shareholders of 224 million yuan, up 8.64% year-on-year [4]. - The company has a strong order backlog, with new contracts signed in 2024 amounting to 1.967 billion yuan, representing a year-on-year growth of 83.95% [6]. Company Overview - Latest closing price: 4.85 yuan - Total shares: 1.009 billion, circulating shares: 1.005 billion - Total market capitalization: 4.9 billion yuan - 52-week high/low: 6.64/2.92 yuan - Debt-to-asset ratio: 40.4% - Price-to-earnings ratio: 21.43 [3]. Financial Performance - In Q1 2025, the company reported a revenue of 346 million yuan, a year-on-year increase of 54.80%, and a net profit of 29 million yuan, up 26.71% year-on-year [4]. - The company’s gross margin improved to 33.82% in 2024, with a decrease in expense ratio to 17.36% [6]. - The company’s revenue projections for 2025-2027 are 1.845 billion, 2.038 billion, and 2.231 billion yuan, with corresponding net profits of 297 million, 335 million, and 372 million yuan [8][9]. Product and Market Development - The company has increased its R&D investment, launching new products such as the GKH64 aerial work vehicle and a 3000kW mobile power generation unit [7]. - The company has expanded its product offerings in the international market, developing nearly 10 products tailored for target markets [7]. Earnings Forecast and Valuation - The expected earnings per share (EPS) for 2025-2027 are 0.29, 0.33, and 0.37 yuan, with corresponding price-to-earnings (P/E) ratios of 16.47, 14.62, and 13.16 [9][11].

Group 1 - The company reported a revenue of 1.591 billion yuan for 2024, an increase of 17.69% year-on-year, and a net profit attributable to shareholders of 224 million yuan, up 8.64% year-on-year [1] - In Q1 2025, the company achieved a revenue of 346 million yuan, representing a year-on-year growth of 54.80%, and a net profit of 29 million yuan, an increase of 26.71% year-on-year [1] - The company experienced significant growth in new orders, with a total of 1.967 billion yuan in new contracts for 2024, marking an increase of 83.95% year-on-year [3] Group 2 - The company’s gross margin improved by 1.24 percentage points to 33.82% in 2024, while the expense ratio decreased by 1.74 percentage points to 17.36% [2] - The revenue from power vehicles increased by 177.17% to 463 million yuan, and the revenue from emergency repair vehicles surged by 264.81% to 297 million yuan in 2024 [2] - The company plans to increase R&D investment and has launched several new products, including a high-altitude aerial work vehicle and a 3000kW mobile power generation unit [3] Group 3 - The company forecasts revenues of 1.845 billion yuan, 2.038 billion yuan, and 2.231 billion yuan for 2025, 2026, and 2027, respectively, with year-on-year growth rates of 15.90%, 10.50%, and 9.44% [4] - The projected net profits for 2025, 2026, and 2027 are 297 million yuan, 335 million yuan, and 372 million yuan, with growth rates of 32.87%, 12.65%, and 11.08% [4] - The company has been given an "overweight" rating based on its performance and growth potential [4]