截至9月10日，恒工精密股东户数1.68万，较上期增加2.30%；人均流通股2227股，较上期减少2.25%。 2025年1月-6月，恒工精密实现营业收入5.27亿元，同比增长2.71%；归母净利润6603.04万元，同比减少 2.73%。 分红方面，恒工精密A股上市后累计派现8789.02万元。 机构持仓方面，截止2025年6月30日，恒工精密十大流通股东中，鹏华碳中和主题混合A（016530）位 居第二大流通股东，持股291.62万股，相比上期增加37.58万股。永赢先进制造智选混合发起A （018124）位居第三大流通股东，持股76.53万股，相比上期减少164.29万股。中航趋势领航混合发起A （021489）位居第四大流通股东，持股55.73万股，相比上期增加9.52万股。鹏华沪深港新兴成长混合A （003835）位居第六大流通股东，持股33.88万股，为新进股东。香港中央结算有限公司位居第七大流 通股东，持股23.33万股，为新进股东。鹏华创新未来混合(LOF)（501205）位居第八大流通股东，持股 22.22万股，为新进股东。广发制造业精选混合A（270028）位居第十大流通股东，持股19.9 ...

Group 1 - The core viewpoint of the news is that Henggong Precision has seen a significant increase in its stock price, rising by 5.1% to 97.85 CNY per share, with a trading volume of 607 million CNY and a turnover rate of 17.02%, resulting in a total market capitalization of 8.6 billion CNY [1] - Henggong Precision, established on May 25, 2012, and listed on July 10, 2023, is located in Handan City, Hebei Province, and specializes in the R&D, production, and sales of precision machined parts and continuous cast iron parts [1] - The company's main business revenue composition includes hydraulic equipment parts (34.43%), continuous cast iron parts (33.17%), air compressor parts (20.74%), other products (6.49%), supplementary items (3.52%), and transmission equipment parts (1.66%) [1] Group 2 - Among the top ten circulating shareholders of Henggong Precision, one fund from GF Fund, the GF Manufacturing Selected Mixed A (270028), has entered the list, holding 199,300 shares, which accounts for 0.53% of the circulating shares [2] - The GF Manufacturing Selected Mixed A fund, established on September 20, 2011, has a latest scale of 1.387 billion CNY and has achieved a return of 48.49% this year, ranking 971 out of 8172 in its category [2] - Over the past year, the fund has returned 83.08%, ranking 1010 out of 7980 in its category, and since its inception, it has achieved a return of 596.28% [2]

Core Insights - The company achieved steady growth in its operations through initiatives focused on enhancing new productivity for intelligent manufacturing and improving management capabilities to reduce costs and increase efficiency [1] - In the first half of 2025, the company reported revenue of 527 million RMB, a year-on-year increase of 2.71%, and a net profit of 66 million RMB, showing a slight decline compared to the previous year; however, the net profit excluding non-recurring items grew by 9.04% to 55 million RMB [1] - The company is committed to returning value to its investors, proposing a cash dividend of 3.50 RMB per 10 shares, totaling 30.76 million RMB to be distributed to shareholders [1] Financial Performance - Revenue from continuous cast iron parts and hydraulic equipment reached 175 million RMB and 181 million RMB respectively, with year-on-year growth of 8.35% and 1.60%; air compressor parts generated 109 million RMB in revenue [1] - Research and development investment amounted to 19.73 million RMB, reflecting a year-on-year increase of 21.95% [2] Strategic Initiatives - The company is focusing on a business model that combines efficient production capacity with market expansion, targeting high-potential clients in the robotics industry and optimizing resource allocation [2] - Strategic partnerships with clients like Beijing Zhihong and Zhiyuan Robotics are enhancing the company's supply chain capabilities and extending its involvement in the core components of humanoid robots [2] - The company is establishing an industrial fund to invest in the humanoid robotics sector, facilitating collaboration on key materials and precision processing technologies [2] Market Position - The company is well-positioned in the core components market for humanoid robots, with products like RV reducers and planetary gear seats certified by leading manufacturers, indicating significant growth potential in the future [3]

Company Overview - Henggong Precision's stock price is reported at 84.60 yuan, down 3.28% from the previous trading day, with a trading volume of 329 million yuan [1] - The company operates in the general equipment manufacturing industry, focusing on the research, production, and sales of continuous cast iron components [1] - Products are utilized in sectors such as construction machinery, injection molding machines, and air compressors, with an active expansion into core components for robotics [1] Financial Performance - In the first half of 2025, Henggong Precision achieved operating revenue of 527 million yuan and a net profit of 54.92 million yuan, marking a year-on-year growth of 9.04% [1] - Research and development investment for the same period amounted to 19.73 million yuan, reflecting a year-on-year increase of 21.95% [1] - The company and its subsidiaries hold a total of 311 valid patents and 179 software copyrights [1] Strategic Initiatives - Henggong Precision is engaging in equity cooperation with downstream clients, such as Zhiyuan Robotics, through its investment in the Qingdao Anpeng Intelligent Vehicle Venture Capital Fund, targeting the humanoid robot sector [1] Market Activity - On August 27, the net outflow of main funds from Henggong Precision was 66.17 million yuan, accounting for 2.09% of its circulating market value [1] - Over the past five days, the total net outflow reached 172.36 million yuan, representing 5.44% of the circulating market value [1]

Core Insights - The company demonstrated strong operational resilience in a complex economic environment, achieving a revenue of 527 million yuan in the first half of 2025, representing a year-on-year growth of 2.71% [1][2] - The core business profitability improved, with the net profit attributable to shareholders reaching 66.03 million yuan, and the net profit after deducting non-recurring gains and losses increasing by 9.04% to 54.92 million yuan [2][3] - A cash dividend of 3.50 yuan per 10 shares (including tax) was proposed, reflecting the company's commitment to shareholder returns while ensuring operational and developmental investments [2] Revenue and Profitability - The company maintained a stable financial performance, with a revenue of 527 million yuan and a net profit of 66.03 million yuan, indicating a solid market position in the mechanical industry [2] - The core business profitability showed significant enhancement, with a net profit of 54.92 million yuan, marking a 9.04% increase year-on-year [2][3] Strategic Developments - The company has strengthened its core business competitiveness through a strategic focus on product replacement, achieving domestic substitution in key components like RV reducers and advancing harmonic reducer solutions [3] - The "continuous casting + precision machining" one-stop service model has effectively addressed customer supply chain stability, product quality consistency, and cost control challenges, with revenue from continuous cast iron components reaching 175 million yuan, up 8.35% [3] R&D and Capacity Expansion - The company increased its R&D investment, with expenses reaching 19.73 million yuan in the first half of 2025, a 21.95% increase, focusing on optimizing continuous cast iron material properties and upgrading precision machining processes [4] - Capacity expansion projects have seen significant investment, with 358 million yuan allocated to the fluid equipment component manufacturing project, which is now fully operational, and 162 million yuan to the fluid equipment core component expansion project, nearing completion at 92.09% [4]

Core Insights - In 2024, Henggong Precision (301261.SZ) continues to focus on technology and market orientation, driving breakthroughs and applications in high-end equipment components [1] - The company reported a revenue of 1.033 billion yuan in 2024, representing a year-on-year growth of 16.91% [2] - The company plans to distribute a cash dividend of 2.5 yuan per 10 shares, totaling 21.9725 million yuan [3] Revenue Growth - The revenue for the fourth quarter increased by 21.90% quarter-on-quarter to 286 million yuan, indicating a recovery in market demand [2] - Revenue from hydraulic equipment components grew by over 30%, with continuous casting iron and hydraulic equipment generating revenues of 338 million yuan and 341 million yuan, respectively, reflecting growth rates of 2.03% and 31.73% [4] - The transmission components revenue surged by 70.02% to 26 million yuan, while air compression components contributed 227 million yuan [4] Strategic Focus - Henggong Precision is actively developing its robot core components business, which is seen as a strategic direction for future growth [5] - The company has established partnerships with strategic clients to enhance its product offerings in the humanoid robot sector, focusing on high-value components such as RV and harmonic reducer parts [5][6] - The company is committed to increasing its R&D investment, which reached approximately 38.66 million yuan, a 30.78% increase from the previous year [7] Market Position - Henggong Precision holds a 63% market share in the domestic market for continuous casting iron products, ranking first, and a 19% share globally, ranking second [2] - The company is leveraging the "Belt and Road" initiative to enhance international cooperation and market development [4] Future Outlook - The company plans to continue expanding its production capacity for new energy vehicle components and robot structural parts, seeking new business growth points [8] - By 2025, Henggong Precision aims to enhance the proportion of precision machining core components and build a comprehensive service platform for customers [7]

首次公开发行股票并在创业板上市 招股意向书 保荐人（主承销商） 本次股票发行后拟在创业板市场上市，该市场具有较高的投资风险。创业板公司 具有创新投入大、新旧产业融合成功与否存在不确定性、尚处于成长期、经营风险高、 业绩不稳定、退市风险高等特点，投资者面临较大的市场风险。投资者应充分了解创 业板市场的投资风险及本公司所披露的风险因素，审慎作出投资决定。 河北恒工精密装备股份有限公司 （Hengong Precision Equipment Co., Ltd.） 河北省邯郸市成安县商城镇工业园区 广东省深圳市福田区中心三路 8 号卓越时代广场（二期）北座 河北恒工精密装备股份有限公司 招股意向书 声明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对注册申请文 件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的盈利能力、 投资价值或者对投资者的收益作出实质性判断或保证。任何与之相反的声明均属虚假不 实陈述。 根据《证券法》规定，股票依法发行后，发行人经营与收益的变化，由发行人自行 负责；投资者自主判断发行人的投资价值，自主作出投资决策，自行承担股票依法发行 后因发行人经营与收益变化 ...

具有创新投入大、新旧产业融合成功与否存在不确定性、尚处于成长期、经营风险高、 业绩不稳定、退市风险高等特点，投资者面临较大的市场风险。投资者应充分了解创 业板市场的投资风险及本公司所披露的风险因素，审慎作出投资决定。 河北恒工精密装备股份有限公司 （Hengong Precision Equipment Co., Ltd.） 河北省邯郸市成安县商城镇工业园区 首次公开发行股票并在创业板上市 招股说明书 （注册稿） 声明：本公司的发行申请尚需经深圳证券交易所和中国证监会履行相应程序。 本招股说明书不具有据以发行股票的法律效力，仅供预先披露之用。投资者应当以 保荐机构（主承销商） 广东省深圳市福田区中心三路 8 号卓越时代广场（二期）北座 本次股票发行后拟在创业板市场上市，该市场具有较高的投资风险。创业板公司 正式公告的招股说明书作为投资决定的依据。 河北恒工精密装备股份有限公司 招股说明书（注册稿） 声明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对发行人注册 申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的盈 利能力、投资价值或者对投资者的收益作出实质性判断或保证。 ...

本次股票发行后拟在创业板市场上市，该市场具有较高的投资风险。创业板公司 具有创新投入大、新旧产业融合成功与否存在不确定性、尚处于成长期、经营风险高、 业绩不稳定、退市风险高等特点，投资者面临较大的市场风险。投资者应充分了解创 业板市场的投资风险及本公司所披露的风险因素，审慎作出投资决定。 河北恒工精密装备股份有限公司 （Hengong Precision Equipment Co., Ltd.） 河北省邯郸市成安县商城镇工业园区 首次公开发行股票并在创业板上市 招股说明书 （注册稿） 声明：本公司的发行申请尚需经深圳证券交易所和中国证监会履行相应程序。 本招股说明书不具有据以发行股票的法律效力，仅供预先披露之用。投资者应当以 保荐机构（主承销商） 广东省深圳市福田区中心三路 8 号卓越时代广场（二期）北座 正式公告的招股说明书作为投资决定的依据。 河北恒工精密装备股份有限公司 招股说明书（注册稿） 声明 1-1-2 河北恒工精密装备股份有限公司 招股说明书(注册稿) 录 目 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对发行人注册 申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明 ...