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Hangya Technology (688510.SH) 2025 Annual Equity Distribution: Dividend of RMB 0.20 per share
Gelonghui, May 18th丨Hangya Technology (688510.SH) announced the implementation of its 2025 annual equity distribution plan. The profit distribution is based on the company's total share capital of 259,522,608 shares prior to the implementation of the plan, with a cash dividend of RMB 0.20 per share (including tax), totaling RMB 51,904,521.60. The record date for this equity distribution is May 22, 2026, and the ex-dividend and ex-rights date is May 25, 2026.
Q&A with the Company | Hangya Technology: The company is currently conducting all types of business cooperation with international clients as usual.
Gelonghui, May 13th | An investor asked Hangya Technology on an interactive platform: The company has been included in the U.S. MEU list. Is the current cooperation restricted? What are the subsequent response measures, and how is the long-term impact on international orders assessed? Hangya Technology replied that its various business cooperations with international clients are currently proceeding normally. Against the backdrop of changes in the international trade environment and other factors, major international engine manufacturers are actively adjusting their supply chain strategies. The core competitive advantages accumulated by the company over a long period will help further deepen strategic cooperative relationships with key clients. Overall, the current international market demand continues to grow, with emerging applications.
Q&A with the Company | Hangya Technology: After the new factory in Malaysia reaches full production, it is expected to achieve an annual additional production capacity of 1.5 million compressor blades and 1 million medical orthopedic implant forgings.
Gelonghui, May 13 | An investor asked Hangya Technology on an interactive platform: The construction of the new factory in Malaysia and the expansion of capacity for the Wuxi casing project are both progressing. When are they expected to begin operations, and what will be the additional production capacity and revenue contribution after reaching full capacity? How does overseas factory establishment balance cost with geopolitical risks? Hangya Technology responded that the new factory in Malaysia is expected to achieve an annual production capacity of 1.5 million compressor blades and 1 million medical orthopedic implant forgings once it reaches full operation. This will further integrate the company into the global aviation and medical industry supply chains while enhancing supply chain resilience. After completion, the Wuxi project is projected to add an annual production capacity of approximately 8,000 casings, aiming to enhance the company's capabilities.
The commercial aerospace sector is experiencing a 'super launch wave.' The Aerospace ETF Huaxia (159227) has attracted over 600 million yuan in inflows for 10 consecutive days, while the General Aviation ETF Huaxia (159230) rose by 1%.
Gelonghui, May 13 | The commercial aerospace sector rebounded after a low opening, with the Aerospace ETF Huaxia (159227) rising 0.95%, reaching a trading volume of 280 million yuan, ranking first in its category. Portfolio stock Huacreat rose 14%, while Aero Engine Corporation of China and Hangya Technology increased by 7%. The General Aviation ETF Huaxia (159230) climbed 1.24%. In May, the commercial aerospace sector witnessed a surge in launches and accelerated capitalization: ① A domestic 'super launch wave' commenced: Commercial aerospace launches were densely scheduled in May, totaling about eight missions. Notably, the Long March-10B reusable rocket is slated for its maiden flight in mid-to-late May to validate sea-based recovery technology.
Hangya Technology (688510): Deepening Overseas Strategic Synergy and Accelerating Global Business Expansion
Report Summary: The company's performance in the 2025 fiscal year and the first quarter of 2026 will face certain pressures, but its core business remains stable. The company continues to deepen collaboration with key clients and strengthen its global business layout, positioning itself for further integration into the global aviation and healthcare industries.
Founder Securities: Distributed power plants become new infrastructure in the AI era, with domestic aviation, marine, and diesel-to-gas conversions presenting excellent overseas expansion opportunities.
The 'Taihang' series and 'QD series' of aero-derivative gas turbines developed by China's Aero Engine Corporation are expected to gain opportunities for international expansion.