长江商报消息 自2022年起与蚂蚁链合作，海南华铁（603300.SH）如今已取得不俗成果。 近日，海南华铁在发布的投资者关系活动表中称，目前已完成近260亿元资产的数字化上链，已满足 RWA（现实世界资产）融资需要完成上链的前置条件。 值得一提的是，2024年5月，海南华铁创新拓展裸金属算力服务模式，正式布局算力业务，开辟第二增 长曲线。截至2025年3月末，公司累计签订算力服务金额已达66.7亿元，完成资产交付超9亿元。 需要注意的是，2025年一季度末，海南华铁负债率升至72.32%。 7月2日，海南华铁公告称，公司拟申请面向专业投资者公开发行规模不超过人民币20亿元（含20亿元） 的公司债券，本次债券募集资金扣除发行费用后拟用于偿还有息债务和补充公司营运资金。 与RWA研究院签合作协议 海南华铁成立于2008年，2015年在上交所主板上市，公司目前主营业务为工程设备、智算设备等租赁与 服务。 7月4日，海南华铁在发布的投资者关系活动表中称，公司自2022年起与蚂蚁链合作，通过在高空作业平 台的T-box中植入MaaS可信模组，将设备运行数据上传至区块链，实现数据的"源头可信"。公司目前已 完成近260 ...

Core Viewpoint - Hainan Huatie is planning to issue shares overseas (S shares) and list on the Singapore Stock Exchange to enhance its international strategy and expand its business in Southeast Asia [1][2][3] Company Overview - Hainan Huatie was established in 2008 and listed on the Shanghai Stock Exchange in 2015, primarily engaged in the rental and service of engineering and intelligent computing equipment [2] Financial Performance - In 2024, Hainan Huatie's domestic revenue reached 5.08 billion yuan, a year-on-year increase of 15.17%, while its overseas revenue was 1.31 million yuan with a gross margin of -35.63% [4][5] - The company reported a net profit of 1.91 billion yuan in Q1 2025, a year-on-year growth of 21.72% [1][10] - For the full year of 2024, the company achieved a revenue of 5.17 billion yuan, marking a historical high, but net profit decreased by 24.49% to 605 million yuan [7][10] Debt Situation - As of Q1 2025, Hainan Huatie's debt ratio reached 72.32%, an increase of 23.76 percentage points over four years [12] - The debt ratio has shown a consistent upward trend, rising from 48.56% in Q1 2021 to 72.95% by the end of 2024 [11][12] Strategic Initiatives - The company is focusing on expanding its international presence, particularly in Southeast Asia, and has established a store in Hwaseong, South Korea, as part of its overseas strategy [3][5] - Hainan Huatie has signed a total service amount of 6.67 billion yuan in computing services by the end of Q1 2025, indicating a strong commitment to enhancing its capabilities in the intelligent computing sector [10]