（一）审议通过《关于申请注册发行银行间债券市场债务融资工具的议案》 具体内容详见公司同日在上海证券交易所网站（www.sse.com.cn）披露的《浙 江海控南科华铁数智科技股份有限公司关于申请注册发行银行间债券市场债务 融资工具的公告》（公告编号：临 2025-017）。 证券代码：603300 证券简称：海南华铁 公告编号：临 2025-015 浙江海控南科华铁数智科技股份有限公司 第五届董事会第十次会议决议公告 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、准确性和完整性承担法律责任。 一、董事会会议召开情况 浙江海控南科华铁数智科技股份有限公司（以下简称"公司"）第五届董事 会第十次会议于 2025 年 4 月 1 日（星期二）在公司会议室以现场结合通讯的方 式召开。经全体董事同意豁免会议通知时间要求，会议通知于 2025 年 3 月 31 日 通过邮件、电话和专人送达等方式送达各位董事。本次会议应出席董事 9 人，实 际出席董事 9 人。 会议由公司董事长张祺奥先生主持，高管列席本次会议。会议参与表决人数 及召集、召开程序符合《中华人民共和国公 ...

证券代码：603300 证券简称：海南华铁 公告编号：临 2025-014 浙江海控南科华铁数智科技股份有限公司 关于股票期权限制行权期间的提示性公告 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、准确性和完整性承担法律责任。 二、限制行权期间 本次限制行权期为 2025 年 4 月 7 日至 2025 年 4 月 21 日，在此期间全部激 励对象将限制行权。 三、公司将按照有关规定及时办理限制行权相关事宜。 特此公告。 浙江海控南科华铁数智科技股份有限公司董事会 2025 年 3 月 28 日 根据《上市公司股权激励管理办法》《上海证券交易所上市公司自律监管指 南第 2 号—业务办理》及中国证券登记结算有限责任公司上海分公司关于股票期 权自主行权等相关规定，并结合浙江海控南科华铁数智科技股份有限公司（以下 简称"公司"）2024 年年度报告的披露计划，现对公司 2021 年股票期权激励计 划首次及预留授予的股票期权第三个行权期限制行权期间进行限定，具体如下： 一、基本情况 2021 年股票期权激励计划首次及预留授予的股票期权（期权代码： 0000000 ...

证券代码：603300 证券简称：海南华铁 公告编号：临 2025-013 重要内容提示： 被担保人名称：海南华铁大黄蜂建筑机械设备有限公司（以下简称"华 铁大黄蜂"） 担保人名称：浙江海控南科华铁数智科技股份有限公司（以下简称"海 南华铁"或"公司"） 一、担保情况概述 公司分别于 2024 年 11 月 14 日、2024 年 12 月 2 日召开第五届董事会第八 次会议和 2024 年第十三次临时股东大会，审议通过了《关于新增担保额度的议 案》，公司拟新增对子公司提供总计不超过人民币 230,000 万元的担保额度，单 一子公司拟对公司提供担保额度不超过人民币 85,000 万元。具体内容详见公司 在上海证券交易所网站（www.sse.com.cn）披露的《浙江海控南科华铁数智科技 股份有限公司关于新增担保额度的公告》（公告编号：临 2024-140）及《浙江海 控南科华铁数智科技股份有限公司 2024 年第十三次临时股东大会决议公告》（公 告编号：2024-145）。 本次担保事项在授权范围内，无需另行召开董事会及股东大会审议。 二、担保进展情况 公司 2025 年 2 月发生担保事项如下： 新增对外 ...

Investment Rating - The investment rating for Hainan Huatie is "Buy" and is maintained [9] Core Views - The company has signed a "Computing Power Service Agreement" with Hangzhou X Company, with a total contract value of 3.69 billion yuan over a service period of 5 years [2][6] - The company has established a Digital Intelligence Technology Division to enhance its AI capabilities, led by a former Huawei expert [12] - The company's credit rating has improved to AA+ following the entry of Hainan state-owned assets, which has also led to reduced financing costs [12] Summary by Sections Company Overview - Hainan Huatie has made significant progress in its computing power business, with a total signed computing power service amount reaching 2.475 billion yuan by the end of 2024 [12] - The company plans to invest over 2 billion yuan in capital expenditures related to the new computing power contracts [12] Financial Performance - The company expects to achieve revenues of 7.0 billion, 8.9 billion, and 10.9 billion yuan for the years 2024 to 2026, respectively, with corresponding valuations of 27.2, 21.3, and 17.4 times [12] - The projected net profits for the same period are 840 million, 747 million, 952 million, and 1.164 billion yuan [15] Market Position - The company is strategically positioned to leverage the growing AI industry and has signed a strategic cooperation agreement with Hainan Provincial Computing Power Technology Co., Ltd. to further its computing power business [12] - The company’s management team has shown confidence in its future by increasing their shareholdings [12]

浙江海控南科华铁数智科技股份有限公司（以下简称"公司"）股票于 2025 年 3 月 5 日、3 月 6 日、3 月 7 日连续三个交易日内收盘价格涨幅偏离值累 计超过 20%，属于《上海证券交易所交易规则》规定的股票交易异常波动情形。 经公司自查并向公司控股股东、实际控制人核查及沟通，截至本公告披 露日，公司不存在应披露而未披露的重大信息。 其他风险提示：公司已签订的算力服务合同期限较长，履行过程中存在 相关风险：1、采购风险：除公司已交付的部分算力设备外，其他相关设备尚未 采购，后续将根据客户计划逐步交付，相关产品可能受市场环境、行业政策等影 响导致采购难度加大，存在供应商无法持续稳定供货的风险；2、资金支出风险： 公司签订的算力服务合同对应资本支出较大，存在资金筹集不足的风险；3、合 同履约风险：公司签订的算力服务合同履行期限较长，收入将分期确认，存在因 自身经营变化导致合同履约情况发生变化的风险。 近期股价交易风险：自 2025 年 2 月以来，公司股价涨幅达 146.26%，最 近三个交易日平均换手率 15.30%，最近一个交易日换手率 42.59%，存在炒作风 险，敬请广大投资者理性投资，注意投资 ...

关于《浙江海控南科华铁数智科技股份有限公司 股票交易异常波动的征询函》的回复 浙江海控南科华铁数智科技股份有限公司: 截止本回复出具日,除已披露事项外,我司不存在涉及你公司的应披露而未 披露的重大信息，包括但不限于重大资产重组、股份发行、收购、债务重组、业 务重组、资产剥离、资产注入、股份回购、股权激励、破产重整、重大业务合作、 引进战略投资者等重大事项。 你公司股票交易异常波动期间，我司不存在买卖你公司股票的情况。 特此函复。 海南 你公司《股票交易异常波动的征询函》已收悉，经核查，现函复如下: ...

Investment Rating - The report maintains a "Buy" rating for Hainan Huatie (603300.SH) [6] Core Views - Hainan Huatie has secured a significant contract worth 3.69 billion yuan for computing power services, bringing its total orders to over 6 billion yuan, indicating strong order acquisition capabilities in the computing power sector [1] - The company is strategically expanding its intelligent computing layout, with the establishment of subsidiaries and partnerships aimed at enhancing its service offerings in the computing power domain [2] - The domestic demand for computing power is robust, with major tech companies increasing their investments, positioning Hainan Huatie to benefit from this trend [3] - The company is diversifying its business by expanding into high-altitude work platforms and other equipment categories, which is expected to drive new growth momentum [3] Summary by Sections Financial Performance - The projected net profits for Hainan Huatie from 2024 to 2026 are estimated at 612 million, 950 million, and 1.279 billion yuan respectively, with year-on-year changes of -23.5%, +55.1%, and +34.7% [4] - Revenue is expected to grow from 5.117 billion yuan in 2024 to 7.929 billion yuan in 2026, reflecting a compound annual growth rate [5] Business Development - The company has established a new subsidiary, Shanghai Keshihan, to enter the computing power service market and has plans to expand into cloud computing services by October 2024 [2] - Strategic partnerships have been formed to enhance service offerings in artificial intelligence and financial sectors, indicating a proactive approach to market expansion [2] Market Position - Hainan Huatie is well-positioned to benefit from the increasing capital expenditures in computing power by major internet companies, particularly in Hangzhou, where it is based [3] - The company is expected to gain from government initiatives in Hainan aimed at developing international data centers and smart transportation [3]

Investment Rating - The report maintains a "Buy" rating for Hainan Huatie [6] Core Views - Hainan Huatie has secured a significant contract worth 3.69 billion, bringing its total orders to over 6 billion, indicating strong capabilities in the computing power service sector [1] - The company is strategically expanding its intelligent computing layout, with new subsidiaries and partnerships aimed at enhancing its service offerings in the computing power domain [2] - The domestic demand for computing power is robust, with major tech companies increasing their investments, positioning Hainan Huatie to benefit from this trend [3] - Financial forecasts for the company show a projected net profit of 612 million, 950 million, and 1.279 billion for 2024, 2025, and 2026 respectively, reflecting a growth trajectory [4] Summary by Sections Orders and Contracts - Hainan Huatie's subsidiary signed a computing power service agreement worth 3.69 billion, with a service period of 5 years, expected to generate approximately 700 million annually [1] - Cumulative orders have reached 6.165 billion, showcasing the company's strong order acquisition capabilities [1] Business Expansion - The company established a new subsidiary, Shanghai Keshihan, to enter the computing power service market and has plans to expand into cloud computing services [2] - Strategic partnerships have been formed to enhance service offerings in artificial intelligence and financial sectors [2] Market Demand - The report highlights a surge in computing power demand, with Alibaba planning to invest over 380 billion in cloud and AI infrastructure over the next three years [3] - Hainan Huatie is expected to benefit from the increasing capital expenditures of major internet companies in Hangzhou [3] Financial Projections - The report adjusts the net profit forecasts for 2024, 2025, and 2026 to 612 million, 950 million, and 1.279 billion respectively, with year-on-year growth rates of -23.5%, +55.1%, and +34.7% [4] - The current stock price corresponds to a price-to-earnings ratio of 31, 20, and 15 for the years 2024, 2025, and 2026 respectively [4]

Investment Rating - The report maintains a "Buy" rating for Hainan Huatie (603300.SH) [1] Core Views - The company has signed a "Computing Power Service Agreement" with a subsidiary, expected to generate approximately 3.69 billion yuan in total revenue over five years, averaging about 700 million yuan annually [6] - The company is expected to invest over 2 billion yuan in capital expenditures related to this contract [6] - Hainan Huatie's competitive advantage in the computing power leasing sector is bolstered by its strong balance sheet and the support from state-owned enterprises, which enhances its financing capabilities [7][8] - The company has secured approximately 2.5 billion yuan in computing power orders as of December 5, 2024, demonstrating its resource advantages and execution capabilities [8] Financial Performance and Forecast - The projected revenue for Hainan Huatie is expected to grow from 4.44 billion yuan in 2023 to 7.38 billion yuan in 2026, with a compound annual growth rate (CAGR) of approximately 18.53% [12] - The net profit forecast for the company is set to increase from 801 million yuan in 2023 to 985 million yuan in 2026, reflecting a growth rate of 13.20% [12] - The earnings per share (EPS) is expected to rise from 0.41 yuan in 2023 to 0.50 yuan in 2026 [12] Valuation Metrics - The price-to-earnings (P/E) ratio is projected to decrease from 24 in 2023 to 19 in 2026, indicating a potential undervaluation of the stock [12] - The price-to-book (P/B) ratio is expected to decline from 3.4 in 2023 to 2.4 in 2026, further suggesting a favorable valuation outlook [12] Industry Context - The computing power leasing market is characterized as a heavy asset industry, where the ability to manage and expand the balance sheet is crucial [7] - The report highlights that Hainan Huatie is one of the early players in the A-share market to secure large orders in the computing power leasing sector, positioning it favorably against competitors [8] - The domestic high machine leasing prices are anticipated to recover, benefiting from the exit of smaller enterprises and the consolidation of market leaders [9]

Investment Rating - The report maintains a "Buy" rating for Hainan Huatie (603300.SH) [1] Core Views - The company has signed a "Computing Power Service Agreement" with a total contract value of 3.69 billion yuan, expected to generate approximately 700 million yuan in annual revenue over five years [6] - The company is expected to see significant capital expenditures exceeding 2 billion yuan related to this contract [6] - Hainan Huatie's competitive advantage in the computing power leasing sector is bolstered by its strong balance sheet and the support from state-owned enterprises, which enhances its financing capabilities [7] - The company has a strong execution capability and local resources in Hangzhou, facilitating connections with major internet clients and access to technical talent [8] - The domestic high-end equipment leasing market is showing signs of recovery, with Hainan Huatie positioned to benefit from this trend [9] Financial Performance and Forecast - The company forecasts revenue growth from 4.44 billion yuan in 2023 to 7.38 billion yuan in 2026, with a compound annual growth rate (CAGR) of approximately 18.53% [12] - Net profit is projected to increase from 801 million yuan in 2023 to 985 million yuan in 2026, with a notable growth rate of 25.18% in 2025 [12] - The earnings per share (EPS) is expected to rise from 0.41 yuan in 2023 to 0.50 yuan in 2026 [12] Valuation Metrics - The report maintains the price-to-earnings (P/E) ratio at 27 for 2024, decreasing to 19 by 2026, indicating a potential undervaluation as the company grows [12] - The price-to-book (P/B) ratio is projected to decline from 3.4 in 2023 to 2.4 in 2026, suggesting improving value for shareholders [12] Industry Context - The report highlights that Hainan Huatie is one of the early players in the A-share market to secure large orders in the computing power leasing sector, showcasing its resource advantages and execution capabilities [8] - The Hangzhou government is actively promoting the development of the AI industry, which is expected to benefit companies like Hainan Huatie involved in computing power services [8]