从基金十大重仓股角度 11月25日，高华科技涨5.22%，截至发稿，报36.50元/股，成交1.38亿元，换手率3.72%，总市值67.86亿 元。 数据显示，鹏华基金旗下1只基金重仓高华科技。鹏华高质量增长混合A（010490）三季度减持48.66万 股，持有股数148.85万股，占基金净值比例为5.08%，位居第十大重仓股。根据测算，今日浮盈赚取约 269.41万元。 资料显示，南京高华科技股份有限公司位于江苏省南京经济技术开发区栖霞大道66号，成立日期2000年 2月29日，上市日期2023年4月18日，公司主营业务涉及高可靠性传感器及传感器网络系统的研发、设 计、生产及销售。主营业务收入构成为：高可靠性传感器85.06%，传感器网络系统14.43%，传感器芯 片0.28%，其他(补充)0.24%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 从高华科技十大流通股东角度 数据显示，鹏华基金旗下1只基金位居高华科技十大流通股东。鹏华高质量增长混合A（010490） ...

Core Viewpoint - GaoHua Technology's stock price has experienced a decline of 5.03% on November 19, with a total market value of 6.314 billion yuan, indicating a cumulative drop of 4.08% over three consecutive days [1] Company Overview - GaoHua Technology Co., Ltd. is located in Nanjing Economic and Technological Development Zone, Jiangsu Province, and was established on February 29, 2000. The company was listed on April 18, 2023. Its main business involves the research, design, production, and sales of high-reliability sensors and sensor network systems [1] - The revenue composition of GaoHua Technology includes high-reliability sensors (85.06%), sensor network systems (14.43%), sensor chips (0.28%), and other supplementary products (0.24%) [1] Shareholder Information - Among the top ten circulating shareholders of GaoHua Technology, a fund under Penghua Fund holds a significant position. The Penghua High-Quality Growth Mixed A Fund (010490) reduced its holdings by 486,600 shares in the third quarter, now holding 1.4885 million shares, which accounts for 1.42% of the circulating shares [2] - The estimated floating loss for the fund today is approximately 2.6792 million yuan, with a cumulative floating loss of 2.2625 million yuan over the three-day decline [2] Fund Performance - The Penghua High-Quality Growth Mixed A Fund (010490) was established on November 18, 2020, with a current scale of 966 million yuan. Year-to-date returns are 49.97%, ranking 786 out of 8138 in its category, while the one-year return is 50.43%, ranking 812 out of 8055 [2] - The fund manager, Hu Ying, has a tenure of 4 years and 5 days, with a total asset scale of 1.468 billion yuan. The best fund return during the tenure is 48.04%, while the worst is 6.27% [3] Fund Holdings - The Penghua High-Quality Growth Mixed A Fund (010490) has GaoHua Technology as its tenth largest holding, with the reduced shares accounting for 5.08% of the fund's net value [4]

Group 1 - The core viewpoint of the news is that GaoHua Technology's stock has increased by 5%, reaching 37.15 CNY per share, with a trading volume of 120 million CNY and a turnover rate of 3.18%, resulting in a total market capitalization of 6.907 billion CNY [1] - GaoHua Technology, established on February 29, 2000, is located in Nanjing Economic and Technological Development Zone and was listed on April 18, 2023. The company's main business involves the research, design, production, and sales of high-reliability sensors and sensor network systems [1] - The revenue composition of GaoHua Technology includes high-reliability sensors at 85.06%, sensor network systems at 14.43%, sensor chips at 0.28%, and other supplementary sources at 0.24% [1] Group 2 - From the perspective of major shareholders, Penghua Fund's Penghua High-Quality Growth Mixed A (010490) reduced its holdings by 486,600 shares, now holding 1.4885 million shares, which accounts for 1.42% of the circulating shares. The estimated floating profit today is approximately 2.6346 million CNY [2] - The Penghua High-Quality Growth Mixed A fund was established on November 18, 2020, with a current scale of 966 million CNY. Year-to-date returns are 55.77%, ranking 773 out of 8148 in its category, while the one-year return is 48.57%, ranking 857 out of 8053 [2] - The fund manager of Penghua High-Quality Growth Mixed A is Hu Ying, who has been in the position for 3 years and 358 days, managing a total asset scale of 1.468 billion CNY. The best fund return during his tenure is 55.03%, while the worst is 9.37% [3] Group 3 - In terms of the fund's top holdings, GaoHua Technology is among the top ten holdings of Penghua High-Quality Growth Mixed A, with the reduced holdings accounting for 5.08% of the fund's net value [4]

Group 1 - The core viewpoint of the news is the performance and financial details of Nanjing Gaohua Technology Co., Ltd., which saw a 5% increase in stock price, reaching 37.15 CNY per share, with a total market capitalization of 6.907 billion CNY [1] - The company specializes in the research, design, production, and sales of high-reliability sensors and sensor network systems, with the main revenue composition being 85.06% from high-reliability sensors, 14.43% from sensor network systems, 0.28% from sensor chips, and 0.24% from other sources [1] - The top circulating shareholder is Changxin Fund, which has recently entered the top ten shareholders with its fund holding 969,800 shares, representing 0.93% of the circulating shares, and has made a floating profit of approximately 1.7165 million CNY [2] Group 2 - The fund manager of Changxin National Defense and Military Industry Quantitative Mixed A (002983) is Song Haikuan, who has been in the position for 7 years and 271 days, with a total fund asset scale of 6.495 billion CNY [3] - During his tenure, the best fund return was 146.58%, while the worst return was -26.88% [3]

Group 1 - The core point of the article highlights the performance and market position of GaoHua Technology, which saw a stock price increase of 5.31% to 35.48 CNY per share, with a total market capitalization of 6.596 billion CNY [1] - GaoHua Technology, established on February 29, 2000, specializes in the research, design, production, and sales of high-reliability sensors and sensor network systems, with revenue composition being 85.06% from high-reliability sensors, 14.43% from sensor network systems, 0.28% from sensor chips, and 0.24% from other sources [1] Group 2 - From the perspective of major shareholders, Penghua Fund's Penghua High-Quality Growth Mixed A Fund (010490) reduced its holdings by 312,600 shares, now holding 1.975 million shares, which represents 1.89% of the circulating shares [2] - The Penghua High-Quality Growth Mixed A Fund has achieved a year-to-date return of 48.77%, ranking 713 out of 8162 in its category, and a one-year return of 47.4%, ranking 799 out of 8024 [2] Group 3 - The fund manager of Penghua High-Quality Growth Mixed A Fund is Hu Ying, who has been in the position for 3 years and 341 days, with the fund's total asset size at 1.343 billion CNY and a best return of 44.45% during the tenure [3] - The Penghua High-Quality Growth Mixed A Fund has high exposure to GaoHua Technology, with the stock being the sixth largest holding, accounting for 5.01% of the fund's net value [4]

Group 1 - The core viewpoint of the news is the performance and market position of Nanjing Gaohua Technology Co., Ltd., which saw a stock price increase of 5.07% to 34.63 CNY per share, with a total market capitalization of 6.438 billion CNY [1] - Nanjing Gaohua Technology specializes in the research, design, production, and sales of high-reliability sensors and sensor network systems, with revenue composition being 85.06% from high-reliability sensors, 14.43% from sensor network systems, 0.28% from sensor chips, and 0.24% from other sources [1] - The company was established on February 29, 2000, and went public on April 18, 2023 [1] Group 2 - The Hengsheng Qianhai High-end Manufacturing Mixed A Fund (013383) holds 9,000 shares of Gaohua Technology, representing 2.81% of the fund's net value, making it the ninth largest holding [2] - The fund has achieved a year-to-date return of 46.78%, ranking 854 out of 8161 in its category, and a one-year return of 50.16%, ranking 819 out of 8015 [2] Group 3 - The fund manager of Hengsheng Qianhai High-end Manufacturing Mixed A is Long Jiangwei, who has been in the position for 339 days, with the fund's total asset size being 8.5148 million CNY [3] - During Long Jiangwei's tenure, the best fund return was 38.18%, while the worst return was 37.68% [3]

Core Viewpoint - The company, GaoHua Technology, is positioned as a leading player in the high-reliability sensor market, with a focus on aerospace and commercial space applications, and is expected to benefit from the growth in low-orbit satellites and humanoid robots [1][4]. Group 1: Company Overview - GaoHua Technology was established in 2000 and transitioned to a joint-stock company in 2015, later listing on the Shanghai Stock Exchange's Sci-Tech Innovation Board in April 2023, raising 1.27 billion yuan [1]. - The company specializes in high-reliability sensors and sensor network systems, serving the aerospace sector with applications in fighter jets and drones, and is involved in major national projects in commercial space [1]. Group 2: Financial Performance - From 2019 to 2023, the company's revenue grew at a CAGR of 27.2%, with a projected revenue increase of 1.35% to 350 million yuan in 2024, attributed to a decline in sensor network system revenue [2]. - The net profit attributable to shareholders from 2019 to 2023 had a CAGR of 46.9%, but is expected to decrease by 42.24% to 56 million yuan in 2024 due to increased impairment losses [2]. - The company's gross margin fluctuated between 49.1% and 60.5% from 2019 to 2024, while the net margin ranged from 15.9% to 30.9%, with 2024 margins impacted by pricing pressures and increased costs [2]. Group 3: Market Demand - The commercial space industry in China has been rapidly developing in 2023, with sensors being critical for the success of space missions, as new generation rockets utilize over 1,600 sensors each [3]. - The humanoid robot sector is also driving demand for six-dimensional force sensors, which provide real-time measurements of forces and moments at robot joints, indicating a growing market for these sensors [3]. Group 4: Investment Recommendation - GaoHua Technology is recognized as a national-level specialized and innovative "little giant" in high-reliability sensors, with extensive experience in aerospace and drone applications [4]. - The company is strategically expanding into commercial space, robotics, and low-altitude economy sectors, which are expected to benefit from the acceleration of low-orbit satellite and humanoid robot industries [4]. - Projected net profits for 2025, 2026, and 2027 are estimated at 67 million yuan, 89 million yuan, and 113 million yuan, respectively, with corresponding PE ratios of 97x, 73x, and 58x [4].

Group 1 - The core viewpoint of the news is the performance and market position of Nanjing Gaohua Technology Co., Ltd., which saw a stock price increase of 5.15% to 34.51 CNY per share, with a total market capitalization of 6.416 billion CNY [1] - Nanjing Gaohua Technology specializes in the research, design, production, and sales of high-reliability sensors and sensor network systems, with revenue composition being 85.06% from high-reliability sensors, 14.43% from sensor network systems, 0.28% from sensor chips, and 0.24% from other sources [1] Group 2 - The Hengsheng Qianhai High-end Manufacturing Mixed A Fund (013383) holds 9,000 shares of Gaohua Technology, representing 2.81% of the fund's net value, making it the ninth largest holding [2] - The fund has achieved a year-to-date return of 53.96% and a one-year return of 86.42%, ranking 802 out of 8,244 and 652 out of 8,080 in its category, respectively [2] Group 3 - The fund manager of Hengsheng Qianhai High-end Manufacturing Mixed A is Long Jiangwei, who has been in the position for 323 days, with the fund's total asset size at 8.5148 million CNY [3] - During Long Jiangwei's tenure, the best fund return was 39.23%, while the worst return was 38.75% [3]