1月12日，华脉科技盘中上涨2.02%，截至14:01，报18.17元/股，成交2.25亿元，换手率7.76%，总市值 29.18亿元。 资金流向方面，主力资金净流出32.92万元，特大单买入429.51万元，占比1.91%，卖出936.59万元，占 比4.16%；大单买入4217.76万元，占比18.76%，卖出3743.60万元，占比16.65%。 截至11月20日，华脉科技股东户数3.09万，较上期减少5.16%；人均流通股5199股，较上期增加5.44%。 2025年1月-9月，华脉科技实现营业收入5.77亿元，同比减少5.07%；归母净利润-3638.47万元，同比减 少343.88%。 分红方面，华脉科技A股上市后累计派现3853.03万元。近三年，累计派现0.00元。 机构持仓方面，截止2025年9月30日，华脉科技十大流通股东中，诺安多策略混合A（320016）位居第 九大流通股东，持股98.23万股，为新进股东。 责任编辑：小浪快报 华脉科技今年以来股价涨7.07%，近5个交易日涨1.40%，近20日涨6.57%，近60日涨15.73%。 资料显示，南京华脉科技股份有限公司位于江苏省南京市江 ...

1月9日，华脉科技盘中下跌2.01%，截至13:24，报17.55元/股，成交1.38亿元，换手率4.84%，总市值 28.18亿元。 资金流向方面，主力资金净流出1217.03万元，特大单买入0.00元，占比0.00%，卖出294.62万元，占比 2.14%；大单买入2134.27万元，占比15.49%，卖出3056.68万元，占比22.18%。 华脉科技今年以来股价涨3.42%，近5个交易日涨3.42%，近20日跌1.13%，近60日涨15.84%。 资料显示，南京华脉科技股份有限公司位于江苏省南京市江宁区东山工业集中区润发路11号，成立日期 1998年12月16日，上市日期2017年6月2日，公司主营业务涉及通信网络物理连接设备的研发、生产和销 售。主营业务收入构成为：光缆类58.50%，ODN网络物理连接及保护设备25.95%，微波无源器件类 7.94%，光无源器件类4.02%，其他3.30%，天线类0.30%。 华脉科技所属申万行业为：通信-通信设备-通信线缆及配套。所属概念板块包括：光通信、F5G、光纤 光缆、IDC概念（数据中心）、5G等。 截至11月20日，华脉科技股东户数3.09万，较上期减 ...

Core Viewpoint - Huamai Technology is a significant player in the domestic communication network physical connection equipment sector, with a focus on R&D, production, and sales of related products [1] Group 1: Business Performance - In Q3 2025, Huamai Technology reported revenue of 577 million, ranking 10th among 12 companies in the industry, significantly lower than the top company Hengtong Optic-Electric at 49.62 billion and the second company Zhongtian Technology at 37.97 billion [2] - The main business composition includes optical cables at 219 million, accounting for 58.50%, and ODN network physical connection and protection equipment at 97.36 million, accounting for 25.95% [2] - The net profit for the same period was -29.26 million, ranking 11th in the industry, while the top company reported a profit of 2.54 billion [2] Group 2: Financial Ratios - As of Q3 2025, Huamai Technology's debt-to-asset ratio was 40.16%, slightly down from 40.34% year-on-year, and below the industry average of 44.07%, indicating good debt repayment capability [3] - The gross profit margin for the same period was 18.80%, a slight decrease from 18.94% year-on-year, and lower than the industry average of 24.18%, suggesting a need for improvement in profitability [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 34.15% to 31,900, while the average number of circulating A-shares held per shareholder increased by 51.87% to 5,026.6 [5] - Notably, the fund "Nuoan Multi-Strategy Mixed A" became the ninth largest circulating shareholder with a new holding of 982,300 shares [5] Group 4: Executive Compensation - The chairman of Huamai Technology, Xu Aimin, received a salary of 451,200, which is an increase of 301,200 from the previous year [4]

Group 1 - The core point of the news is that Huamai Technology's stock price increased by 5.35% to 15.76 CNY per share, with a trading volume of 1.03 billion CNY and a turnover rate of 4.19%, resulting in a total market capitalization of 25.31 billion CNY [1] - Huamai Technology, established on December 16, 1998, and listed on June 2, 2017, is located in Jiangning District, Nanjing, Jiangsu Province. The company specializes in the research, production, and sales of physical connection devices for communication networks [1] - The main revenue composition of Huamai Technology includes: optical cables 58.50%, ODN network physical connection and protection devices 25.95%, microwave passive devices 7.94%, optical passive devices 4.02%, others 3.30%, and antennas 0.30% [1] Group 2 - According to data from Huamai Technology's top ten circulating shareholders, a fund under Nuoan Fund has entered the top ten shareholders. Nuoan Multi-Strategy Mixed A (320016) newly entered the top ten circulating shareholders in the third quarter, holding 982,300 shares, accounting for 0.61% of circulating shares, with an estimated floating profit of approximately 785,800 CNY [2] - Nuoan Multi-Strategy Mixed A (320016) was established on August 9, 2011, with a latest scale of 1.399 billion CNY. The fund has achieved a return of 68.91% this year, ranking 425 out of 8155 in its category; a return of 79.81% over the past year, ranking 235 out of 8029; and a cumulative return of 226% since inception [2]

华脉科技回复：尊敬的投资者您好，2025年一季报同比亏损主要系报告期受经济环境的影响，ODN网 络物理连接及保护设备、光无源器件类、室内光缆等产品收入较上年同期减少；部分产品新一轮中标价 格较前一轮有所下降导致利润同比下降。感谢您对公司的关注。 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 投资者提问：2024年报业绩增长良好，2025年一季报同比亏损那么多，什么原因？ 证券之星消息，华脉科技(603042)08月18日在投资者关系平台上答复投资者关心的问题。 ...

1. Report Basic Information - Research Object: Huamai Technology [17] - Industry: Communication Equipment [17] - Reception Time: May 15, 2025 [17] - Company Reception Staff: Chairman Xu Aimin, Director and General Manager Yang Yong, Director and Financial Controller Lu Yumin, Independent Director Chen Yiping, and Board Secretary Chen Ge [17] 2. Core Views - The communication industry will continue to accelerate on the path of technological innovation. The integration of AI and communication technologies will give rise to more intelligent applications, and the in - depth deployment of 5G and forward - looking research on 6G will inject new vitality into the industry [24] - Huamai Technology's future profit growth drivers include focusing on the main business, market transformation, innovation - driven development, and optimizing resource allocation [27] 3. Company Performance - In 2024, the company achieved an operating income of 90,559,990 yuan and a net profit attributable to the parent company's shareholders of 1,456,950 yuan [29] - In 2025 Q1, the company's overall revenue declined, mainly due to the impact of market demand changes on products such as ODN network physical connection and protection equipment, optical passive devices, and indoor optical cables [24] 4. R & D Investment and Achievements - In 2024, the company's R & D investment was 4,562,540 yuan [27] - In 2024, the company added 41 patents (26 invention patents). As of December 31, 2024, it had a total of 643 valid patent authorizations (141 invention patents), 126 software copyrights, and participated in formulating 97 standards, including 6 national standards, 79 industry standards, and 12 group standards [28]