A股多只大牛股，有突发事件！ 12月31日晚间消息，上交所当天向天普股份下发监管工作函，涉及对象为上市公司、董事、高级管理人 员、控股股东及实际控制人；处理事由为关于宁波市天普橡胶科技股份有限公司涉嫌信息披露违规的监 管工作函。二级市场上，天普股份是一只大牛股，该公司股价2025年累计涨幅超过1600%。 大牛股铂力特也有突发事件。铂力特12月31日晚间公告，因公司涉嫌信息披露违法违规，证监会决定对 公司立案。在二级市场上，铂力特是一只商业航天概念大牛股，截至今日收盘，铂力特报111.51元/股， 总市值306亿元。值得关注的是，该股仅12月单月大涨近42%，今年累计涨幅超过180%。 同日晚间，启迪设计公告，公司涉嫌信披违法违规，被证监会立案。山东章鼓公告，因涉嫌定期报告财 务信息披露违法违规，中国证监会决定对公司进行立案。最近几天，涉嫌信息披露违法违规被证监会立 案的A股上市公司还有*ST熊猫、ST葫芦娃、ST长园、臻镭科技、大烨智能、派瑞股份等。 其中，臻镭科技也是商业航天概念大牛股。11月24日至12月26日期间，该公司股价累计上涨超145%。 在被立案调查公告披露后，臻镭科技的股价连续两个交易日大跌 ...

上交所向天普股份下发监管工作函 A股多只大牛股，有突发事件！ 12月31日晚间消息，上交所当天向天普股份下发监管工作函，涉及对象为上市公司、董事、高级管理人员、控 股股东及实际控制人；处理事由为关于宁波市天普橡胶科技股份有限公司涉嫌信息披露违规的监管工作函。二 级市场上，天普股份是一只大牛股，该公司股价2025年累计涨幅超过1600%。 大牛股铂力特也有突发事件。铂力特12月31日晚间公告，因公司涉嫌信息披露违法违规，证监会决定对公司立 案。在二级市场上，铂力特是一只商业航天概念大牛股，截至今日收盘，铂力特报111.51元/股，总市值306亿 元。值得关注的是，该股仅12月单月大涨近42%，今年累计涨幅超过180%。 同日晚间，启迪设计公告，公司涉嫌信披违法违规，被证监会立案。 山东章鼓公告，因涉嫌定期报告财务信 息披露违法违规，中国证监会决定对公司进行立案。 最近几天，涉嫌信息披露违法违规被证监会立案的A股上 市公司还有*ST熊猫、ST葫芦娃、ST长园、臻镭科技、大烨智能、派瑞股份等。 其中，臻镭科技也是商业航天概念大牛股。11月24日至12月26日期间，该公司股价累计上涨超145%。在被立 案调查公告披露 ...

岁末冲刺，陕西工业领域重点行业企业生产线高速运转、机器轰鸣，铆足干劲赶订单、拓市场，火 热的场景"遍地开花"。 12月29日，在西安西电变压器有限责任公司特高压车间，3台高4.3米、长11米的"巨无霸"——陕皖 工程换流变装备"整装待发"。 "这是元旦后将发往陕皖工程的设备，目前已经完成试验。"特高压车间主任董冬说，2025年，公司 订单增多，各条生产线开足马力生产。 作为我国规模最大、核心技术最强、产品种类最全的变压器制造企业，西安西电变压器有限责任公 司一直是行业创新先锋，创造了我国多项首台套纪录。 "2025年以来，我们克服了原材料供应紧张、技术标准升级等方面挑战，完成19台特高压产品研制 生产。截至11月底，公司完成工业总产值39.8亿元，同比增长10%。"董冬说，2025年任务已经完成，公 司正在为2026年的生产作准备，全力为稳增长贡献力量。 同样信心满满的还有西安西电开关电气有限公司。随着我国电网建设进入高峰期，近几年，西安西 电开关电气有限公司订单量不断攀升，产值稳步增长。 "'十四五'以来，公司产值逐年增长。2025年，我们超额完成全年目标任务。"该公司制造中心处长 张斌说，他们已经开始排产 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：688333 证券简称：铂力特 公告编号：2025-051 西安铂力特增材技术股份有限公司 关于募投项目延期并重新论证的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性依法承担法律责任。 西安铂力特增材技术股份有限公司（以下简称"公司"）于2025年12月25日召开第三届董事会第二十五次 会议，审议通过了《关于募投项目延期并重新论证议案》，同意在募投项目实施主体、募集资金投资用 途及投资规模不发生变更的情况下，对募投项目预定可使用状态日期进行延期并重新论证。本事项在董 事会审批权限内，无需提交股东会审议。保荐机构出具了同意的核查意见。现将有关情况公告如下： 一、募集资金的基本情况 根据中国证券监督管理委员会出具的《关于同意西安铂力特增材技术股份有限公司向特定对象发行股票 注册的批复》（证监许可[2023]1444 号），同意公司向特定对象发行股票的注册申请。本次发行股票 32,048,107股，每股发行价格94.50元，募集资金总额为3,028,546,111.50元，扣除各项 ...

Investment Rating - The report maintains a "Buy" rating for the company [10][8]. Core Insights - The company reported a revenue of 667 million yuan for the first half of 2025, representing a year-on-year increase of 17.22%, and a net profit attributable to shareholders of 76 million yuan, up 9.98% year-on-year. In Q2 2025, revenue reached 440 million yuan, a year-on-year growth of 23.09% and a quarter-on-quarter increase of 93.80%, with a net profit of 91 million yuan, reflecting a year-on-year increase of 33.37% and a quarter-on-quarter surge of 710.46% [2][6]. Summary by Sections Financial Performance - In H1 2025, the company achieved a revenue of 667 million yuan, with a net profit of 76 million yuan. Q2 2025 saw revenue of 440 million yuan and a net profit of 91 million yuan, indicating strong growth in both metrics [2][6]. Business Segments - The revenue from customized 3D printing products and technical services was 422 million yuan with a gross margin of 41.5%. Revenue from 3D printing equipment and accessories was 186 million yuan with a gross margin of 42.5%. The 3D printing materials segment generated 59 million yuan with a gross margin of 45.9% [12][13]. Market Position and Capacity Expansion - The company has established partnerships with nearly 3,300 entities and is recognized as the largest industrial base for metal additive manufacturing in China. The ongoing projects are expected to significantly enhance production capacity, including a new facility for high-quality additive manufacturing materials [12][13].

Core Insights - A-share mid-year report shows revenue and net profit growth remains positive, but the proportion of loss-making stocks is still high [2][10] - The overseas revenue share of A-shares reached a record high of 13.4% in 2025, indicating a trend towards internationalization [10] - The pet food industry is experiencing a trend towards "micro-innovation" and "precision nutrition," with a focus on premium products [3][16] A-share Market Analysis - A-share revenue growth peaked in Q1 2021 at 44.8% and has been on a downward trend for 14 consecutive quarters, with a slight recovery in 2025 [10] - The proportion of loss-making companies in A-shares reached 29.4% in Q2 2025, the highest since 2008 [10] - The profitability of the main board is under pressure, while the Sci-Tech Innovation Board is showing signs of recovery [10] Pet Food Industry Insights - The 27th Asia Pet Expo in 2025 saw a record number of exhibitors but a decline in the number of participating brands, indicating increased industry concentration [12][3] - Major brands like Guibao Pet and Zhongchong Co. are focusing on product upgrades and expanding their market presence [3][12] - The trend of "small dog economy" is rising, with leading brands increasing their focus on dog food products [16] Financial Performance of Key Companies - The report highlights that companies like Boss Electric and Wanhe Electric are maintaining stable profitability despite market challenges [22][24] - The pet food sector is seeing significant product innovation, with brands launching new premium products to cater to evolving consumer preferences [3][16] - The overall cash flow and operating cash return in A-shares have improved, indicating better financial health among companies [13]

Core Viewpoint - The company Plater (688333.SH) is facing a dilemma of increasing revenue without corresponding profit growth, as evidenced by its recent financial reports [1][2]. Financial Performance - In Q1, the company reported a record revenue of 227 million yuan, but net profit turned from a profit of 957,500 yuan to a loss of 14.95 million yuan, with a non-recurring net loss expanding by 89.99% to 27.02 million yuan [1]. - For the full year 2024, the company achieved a revenue of 1.326 billion yuan, a year-on-year increase of 15.02%, while operating profit decreased by 15.73% [1]. Cost Pressure - The key factor behind the reverse trend of revenue and profit is the significant increase in operating costs, which rose by 36.31%, amounting to an increase of 220 million yuan [3]. - The company's gross profit margins have been pressured due to rising costs, particularly in sectors such as aerospace and industrial applications, where gross margins decreased by 11.06% and 9.81%, respectively [4]. Product Performance - Despite the overall decline in gross margins, the company's self-developed products saw steady revenue growth, with customized 3D printing products, self-developed 3D printing equipment, and raw materials increasing by 23.51%, 4.99%, and 41.38%, respectively [4]. - The company experienced a significant 58.47% growth in overseas markets, with foreign market gross margins remaining high at 55.89% [4]. Strategic Initiatives - The company is accelerating its capacity expansion to enhance its full-chain layout in metal 3D printing, which is crucial for achieving economies of scale and cost reduction [5][6]. - Major projects are underway, including the construction of a new production base for titanium and high-temperature alloy powders, with an investment of 1 billion yuan aimed at increasing annual production capacity to 3,000 tons [6]. Future Outlook - The company is focusing on the development of humanoid robots, leveraging advancements in embodied intelligence technology to enhance production capabilities through integrated metal 3D printing [7].