10月10日，海伦哲盘中上涨2.01%，截至10:34，报5.59元/股，成交1.02亿元，换手率1.83%，总市值 56.41亿元。 分红方面，海伦哲A股上市后累计派现1.49亿元。近三年，累计派现6443.55万元。 机构持仓方面，截止2025年6月30日，海伦哲十大流通股东中，交银启诚混合A（014038）位居第八大 流通股东，持股356.08万股，为新进股东。 资金流向方面，主力资金净流入559.21万元，特大单买入623.73万元，占比6.09%，卖出0.00元，占比 0.00%；大单买入2810.97万元，占比27.47%，卖出2875.50万元，占比28.10%。 海伦哲今年以来股价涨6.88%，近5个交易日涨8.97%，近20日涨7.50%，近60日涨3.90%。 资料显示，徐州海伦哲专用车辆股份有限公司位于江苏省徐州经济开发区宝莲寺路19号，成立日期2005 年3月21日，上市日期2011年4月7日，公司主营业务涉及专用汽车的研发、生产、销售和服务。主营业 务收入构成为：高空作业车44.89%，军品和消防车26.35%，电源车20.85%，备件修理培训4.75%，抢修 车2.64%，其他0. ...

Core Viewpoint - The company reported a decline in gross margin in the first half of the year, primarily due to changes in the product sales structure, with a significant growth in low-margin rental products [1] Group 1: Financial Performance - The company's rental industry high-altitude operation vehicle products experienced rapid growth, but these products have a lower gross margin [1] - The subsidiary Shanghai Gelaman Fire Truck saw a significant increase in revenue year-on-year, but also contributed to a lower gross margin for the company [1] Group 2: Operational Efficiency - The company achieved good results in supply chain improvement, leading to continuous enhancements in production efficiency [1] - Cost reduction and efficiency enhancement efforts are expected to positively impact the company's net profit, with long-term benefits for high-quality development [1]

证券日报网讯海伦哲（300201）9月26日发布公告，在公司回答调研者提问时表示，公司主要产品包括 高空作业车、电力应急保障车、应急排水车等特种装备，其中高空作业车、电源车等产品能够有效提升 复杂作业环境工作效率和安全性，公司相关产品在西藏市场有较高占有率。去年以来，受国家对西藏地 区建设力度加大等因素影响，公司西藏地区产品订单合计达1.86亿元，较往年有明显大幅增长。公司已 关注西藏雅下水电工程建设项目机遇，未来将进一步加大开发和推广相关适应性产品。 ...

证券日报网讯海伦哲（300201）9月26日发布公告，在公司回答调研者提问时表示，公司是高空作业 车、高空作业平台、电源车、配电车、消防车等国家标准或行业标准主导起草单位，在高空作业车轻量 化、大高度、智能化、绝缘型不停电作业方面始终引领行业发展，在中高端市场占据主要地位。公司始 终坚持"技术领先型的差异化"发展战略，高空作业车等多项产品国内技术领先，已实现绝缘车国产替 代，同时也已成为国内产品种类多、功能全，解决方案完备的电力应急保障车系统提供商。公司全资子 公司格拉曼是国家认定的定点研发生产和销售消防车、军用特种车辆的企业，拥有百年历史，是我国消 防车行业的骨干企业，具有罐式类、举高类、特种类等消防车产品和特种应急救援、洗消类军用装备的 生产资质，目前拥有系列水罐泡沫消防车、抢险救援消防车、城市主战消防车、举高消防车、登高消防 车、其他特种消防车、消防机器人、各类特种应急救援、洗消装备等近百种型号的产品；在基础设施、 设备与研发、生产能力和检测试验条件等方面达到了国内同行业领先水平，具有年产各类装备2000余台 的能力。 ...

投资者关 系活动类 别 特定对象调研 □分析师会议 □媒体采访 业绩说明会 □新闻发布会 □路演活动 现场参观 □其他（请文字说明其他活动内容） 调研单位 名称 东北证券 中新融创资本管理有限公司 浙商证券 国信天空(广东)投资有限公司 东方财富 云南信托 睿林资本 国弘资本 长盛基金 南京璟恒投资管理有限公司 平安基金 杭州象树资产 华商基金 宁波英领投资 华夏基金 杭州猎户星投研 优益增投资 宁波知远投资管理有限公司 个人投资者 四川富邦金马资产管理有限公司 时间 2025 年 9 月 25 日 15:00-17:00 地点 徐州海伦哲专用车辆股份有限公司会议室及厂区 上市公司 接待人员 董事兼总经理尹亚平；董事兼副总经理陈慧源； 副总经理兼董事会秘书张延波；证券专员 魏海如 徐娜 投资者关 系活动主 要内容介 绍 一、副总经理兼董事会秘书张延波先生介绍公司基本情况。 （一）公司基本情况 1、简要历程 海伦哲成立于 2005 年，2011 年于创业板上市，为高空作业车行业第一家 上市公司。公司于 2012 年收购上海格拉曼国际消防装备有限公司，进入军品及 消防车领域。公司注册资本 10.09 亿元。 1 ...

Core Viewpoint - The article highlights the successful transformation and growth of a mechanical technology company in Xuzhou, driven by continuous technological innovation and strong support from local financial institutions [1] Group 1: Company Development - The company is recognized as a provincial high-tech enterprise and a "specialized, refined, distinctive, and innovative" enterprise, focusing on upgrading products from traditional construction equipment to "efficient, energy-saving, and smart interconnected" solutions [1] - In 2021, the company received a loan of 5 million yuan, which facilitated the development of four new products, significantly enhancing its market competitiveness [1] - Currently, the company has a full order book until the end of the month, with production lines operating at full capacity, indicating strong growth momentum [1] Group 2: Financial Support - The local bank, Xuzhou Rural Commercial Bank, established a dedicated service team to support technology enterprises, conducting at least two visits per month to understand their operational dynamics and funding needs [1] - In August of this year, the company required additional funding for production expansion, and the service team promptly initiated an "urgent matter handled urgently" process, completing the procedures for an additional loan of 5 million yuan in a short time [1] - The financial support not only addressed the company's equipment needs but also boosted its confidence in expanding external markets and accelerating product iteration [1]

Industry Research - In August, forklift sales reached 118,100 units, a year-on-year increase of 19.4% [2] - A significant increase in sales of aerial work vehicles was noted, with 490 units sold in August, representing a year-on-year growth of 88.5% [2] - The machinery equipment sector outperformed the Shanghai and Shenzhen 300 Index by 2.45 percentage points, with a 4.41% increase from September 10 to September 16, 2025 [2] - The current demand for engineering machinery is driven by ongoing projects in hydropower and urban renewal, alongside a reduction in tariff disturbances globally, enhancing the competitiveness of domestic machinery [2][3] - The industry maintains a "positive" outlook, with specific recommendations for companies such as Zoomlion (000157) and Haulotte Technology (002595) [3] Company Research: Heng Rui Pharmaceutical (600276) - Heng Rui Pharmaceutical is a leading pharmaceutical company in China, focusing on technological innovation and international expansion, with over 110 commercialized drugs, including 23 innovative new molecular entities [4][6] - The company is expected to receive approvals for approximately 47 innovative drugs and indications from 2025 to 2027, covering various fields such as oncology and metabolic diseases [6] - The company has made significant progress in international collaborations, enhancing its product strength and global recognition, with over 20 overseas clinical trials initiated [6] - The forecasted net profit for Heng Rui Pharmaceutical from 2025 to 2027 is projected to be 8.05 billion, 9.88 billion, and 11.71 billion yuan respectively, with an EPS of 1.21, 1.49, and 1.76 yuan per share [7]

Grading 1: Grader Machines - In August 2025, a total of 683 grader machines were sold, representing a year-on-year decline of 12.4%, with domestic sales of 108 units (up 16.1%) and exports of 575 units (down 16.3%) [1] - From January to August 2025, 5,650 grader machines were sold, marking a year-on-year increase of 5.25%, with domestic sales of 1,023 units (up 33.6%) and exports of 4,627 units (up 0.54%) [1] Grading 2: Truck Cranes - In August 2025, 1,434 truck cranes were sold, down 4.65% year-on-year, with domestic sales of 736 units (up 28.2%) and exports of 698 units (down 24.9%) [2] - From January to August 2025, 13,544 truck cranes were sold, a year-on-year decline of 6.47%, with domestic sales of 7,491 units (down 8.53%) and exports of 6,053 units (down 3.78%) [2] Grading 3: Crawler Cranes - In August 2025, 273 crawler cranes were sold, showing a year-on-year increase of 43.7%, with domestic sales of 88 units (up 51.7%) and exports of 185 units (up 40.2%) [3] - From January to August 2025, 2,080 crawler cranes were sold, reflecting a year-on-year increase of 16.4%, with domestic sales of 644 units (up 12.8%) and exports of 1,436 units (up 18.1%) [3] Grading 4: Truck-Mounted Cranes - In August 2025, 1,664 truck-mounted cranes were sold, up 7.29% year-on-year, with domestic sales of 1,313 units (up 24.2%) and exports of 351 units (down 28.9%) [4] - From January to August 2025, 16,871 truck-mounted cranes were sold, a year-on-year increase of 3.68%, with domestic sales of 13,158 units (up 0.58%) and exports of 3,713 units (up 16.4%) [4] Grading 5: Tower Cranes - In August 2025, 424 tower cranes were sold, down 9.79% year-on-year, with domestic sales of 219 units (down 29.1%) and exports of 205 units (up 27.3%) [5] - From January to August 2025, 3,605 tower cranes were sold, reflecting a year-on-year decline of 34.5%, with domestic sales of 1,936 units (down 54.1%) and exports of 1,669 units (up 29.7%) [5] Grading 6: Industrial Vehicles - In August 2025, 118,087 forklifts were sold, representing a year-on-year increase of 19.4%, with domestic sales of 70,174 units (up 19.3%) and exports of 47,913 units (up 19.6%) [6] - From January to August 2025, 976,026 forklifts were sold, marking a year-on-year increase of 12.9%, with domestic sales of 616,256 units (up 11.3%) and exports of 359,770 units (up 15.7%) [6] Grading 7: Rollers - In August 2025, 1,312 rollers were sold, showing a year-on-year increase of 14.1%, with domestic sales of 476 units (up 6.49%) and exports of 836 units (up 18.9%) [7] - From January to August 2025, 12,172 rollers were sold, reflecting a year-on-year increase of 20.7%, with domestic sales of 4,625 units (up 15.4%) and exports of 7,547 units (up 24.3%) [8] Grading 8: Pavers - In August 2025, 118 pavers were sold, up 20.4% year-on-year, with domestic sales of 80 units (up 37.9%) and exports of 38 units (down 5%) [9] - From January to August 2025, 1,117 pavers were sold, marking a year-on-year increase of 33.5%, with domestic sales of 816 units (up 43.9%) and exports of 301 units (up 11.5%) [9] Grading 9: Aerial Work Platforms - In August 2025, 13,430 aerial work platforms were sold, down 18.7% year-on-year, with domestic sales of 4,040 units (down 40.9%) and exports of 9,390 units (down 2.93%) [10] - From January to August 2025, 119,485 aerial work platforms were sold, reflecting a year-on-year decline of 30.5%, with domestic sales of 45,834 units (down 47.2%) and exports of 73,651 units (down 13.6%) [10] Grading 10: High-altitude Work Vehicles - In August 2025, 490 high-altitude work vehicles were sold, showing a year-on-year increase of 88.5%, with domestic sales of 485 units (up 99.6%) and exports of 5 units (down 70.6%) [11] - From January to August 2025, 3,334 high-altitude work vehicles were sold, reflecting a year-on-year increase of 40.5%, with domestic sales of 3,189 units (up 39.3%) and exports of 145 units (up 72.6%) [11]

Core Viewpoint - The article provides a comprehensive overview of the sales performance of various construction machinery in China for August 2025, highlighting growth in excavators and loaders while noting declines in other categories such as graders and tower cranes [1][3][7][8][13]. Excavators - In August 2025, a total of 16,523 excavators were sold, representing a year-on-year increase of 12.8%. Domestic sales accounted for 7,685 units (up 14.8%), while exports reached 8,838 units (up 11.1%) [1][2]. - From January to August 2025, 154,181 excavators were sold, marking a 17.2% increase year-on-year, with domestic sales of 80,628 units (up 21.5%) and exports of 73,553 units (up 12.8%) [1][2]. Loaders - In August 2025, 9,440 loaders were sold, reflecting a year-on-year growth of 13.3%. Domestic sales were 4,774 units (up 18.3%), and exports were 4,666 units (up 8.69%) [3][4]. - For the period from January to August 2025, total loader sales reached 83,209 units, a 12.9% increase year-on-year, with domestic sales of 44,945 units (up 20.2%) and exports of 38,264 units (up 5.3%) [5][4]. Graders - In August 2025, 683 graders were sold, showing a year-on-year decline of 12.4%. Domestic sales were 108 units (up 16.1%), while exports totaled 575 units (down 16.3%) [7]. Cranes - In August 2025, 1,434 truck-mounted cranes were sold, down 4.65% year-on-year, with domestic sales of 736 units (up 28.2%) and exports of 698 units (down 24.9%) [8]. - For the first eight months of 2025, total sales of truck-mounted cranes were 13,544 units, a decrease of 6.47% year-on-year, with domestic sales of 7,491 units (down 8.53%) and exports of 6,053 units (down 3.78%) [8]. Other Machinery - In August 2025, 273 crawler cranes were sold, marking a significant year-on-year increase of 43.7%, with domestic sales of 88 units (up 51.7%) and exports of 185 units (up 40.2%) [10]. - The sales of various types of forklifts reached 118,087 units in August 2025, reflecting a year-on-year increase of 19.4%, with domestic sales of 70,174 units (up 19.3%) and exports of 47,913 units (up 19.6%) [15]. - The sales of elevating work platforms totaled 13,430 units in August 2025, down 18.7% year-on-year, with domestic sales of 4,040 units (down 40.9%) and exports of 9,390 units (down 2.93%) [19]. - In August 2025, 490 aerial work vehicles were sold, showing a remarkable year-on-year increase of 88.5%, with domestic sales of 485 units (up 99.6%) [21].

Core Viewpoint - The article highlights the increasing involvement of engineering machinery companies in the agricultural machinery sector, emphasizing their role in enhancing agricultural productivity and modernizing farming practices through technological innovation and cross-industry collaboration [1][2][3]. Group 1: Industry Trends - Engineering machinery companies are diversifying into agricultural machinery production, leveraging their technological expertise to address common challenges in the agricultural sector [2][3]. - Companies like SANY and XCMG are focusing on practical applications and rapid iterations of their products, achieving significant sales in various agricultural machinery categories [3][4]. - The agricultural machinery export market is showing positive growth, with a notable increase in exports from Hunan province, particularly to Germany and Indonesia [7][8]. Group 2: Technological Innovations - Engineering machinery firms are applying advanced technologies such as IoT, big data, and AI to enhance the efficiency and precision of agricultural machinery [5][6]. - SANY has introduced intelligent features in their planting machines, significantly reducing labor requirements and improving operational efficiency [6][5]. - Companies are also integrating their engineering management practices into agricultural machinery production, ensuring high-quality standards throughout the manufacturing process [6][5]. Group 3: Market Expansion - SANY and LiuGong are successfully penetrating international markets, with SANY's products reaching over 120 countries and LiuGong delivering specialized equipment to Thailand [8][9]. - The export of agricultural machinery from China is not merely about product transfer but involves a deep integration of technology, service, and cultural understanding [9].