（编辑 姚尧） 证券日报网12月18日讯 宏华数科在12月17日、12月18日回答调研者提问时表示，除数码印花领域外， 公司将在以下产品和应用领域进一步拓展：（1）在书刊数码印刷设备方面，公司将在产品与市场两端 同步发力，持续拓宽销售渠道。公司将不断丰富产品矩阵，满足客户多层次的需求，包括适合彩色印 刷、高清（1200dpi）、宽幅以及铜版纸打印的高端设备到黑白、窄幅、非高清的入门级设备，同时公 司将进一步拓宽销售渠道，包括进一步发展国内外销售代理机构，加大销售服务工程师配置，为客户更 好提供包含装机、培训和售后维修等方面的服务；（2）在自动缝纫设备方面，公司将加快推进德国子 公司Texpa Gmbh和国内自动装备部门的协同发展，推进产品生产的国产化替代，通过整合国内成熟的 供应链体系和自动化制造能力，与德国的技术沉淀和精密制造工艺相结合，在保证产品质量的同时，有 效降低制造成本。此外，公司将加大对标准化、通用化自动缝纫设备的研发力度，通过规模化制造提升 生产效率，进一步提高下游客户"机器换人"的经济性与可行性，从而推动产品销售实现新增长。（3） 在喷染设备和数字微喷涂核心部件及设备方面，公司已基本完成设备研 ...

Core Viewpoint - The company, Honghua Digital Technology (688789), is focusing on expanding its business in digital printing and automated sewing equipment, with significant revenue growth in these areas. Business Development - The company has made notable progress in digital printing and automated sewing sectors, achieving a combined revenue of over 280 million yuan in 2024, with year-on-year growth of 37.67% and 114.66% respectively [2] - In 2025, the company plans to enhance its product offerings in digital printing equipment and automated sewing machines, aiming to broaden sales channels and improve customer service [3] - The company is also advancing its digital micro-spraying equipment and aims to connect with major clients in various application fields to convert these efforts into orders [4] Financial Performance - In the first quarter of 2025, the company reported a main revenue of 478 million yuan, a year-on-year increase of 29.79%, and a net profit attributable to shareholders of 108 million yuan, up 25.2% [9] - The company's gross profit margin stands at 42.84%, with a debt ratio of 19.66% [9] Market Strategy - The company is focusing on optimizing accounts receivable management to maintain low bad debt rates and improve turnover speed [5] - The company anticipates continued pressure on ink prices due to market competition but plans to pass some cost savings to customers to promote digital printing equipment usage [6] - The impact of US-China tariffs on the company's business is minimal, as most exports are directed towards South Asia and Europe, with a low proportion of products exported to the US [7] Shareholder Information - The company is monitoring potential changes in shareholding by Zhejiang Xinhui Zhinao Investment Management Partnership, which plans to transfer some shares through block trading [8] Analyst Predictions - Various institutions have provided earnings forecasts for the company, with projected net profits for 2025 ranging from 532 million yuan to 555 million yuan [10]