Hanwei Technology Group汉威科技集团

Gas sensing, smart instrumentation and IoT monitoring solutions, plus a 56.48%-held subsidiary, Suzhou Nesta, that makes flexible tactile sensors and electronic skin from graphene and carbon-nanotube piezoresistive materials.

气体传感、智能仪表与物联网监测解决方案；并持有苏州能斯达 56.48% 股权，该子公司以石墨烯与碳纳米管压阻材料生产柔性触觉传感器与电子皮肤。

PROVISIONAL — NOT VERIFIED待定条目 — 未经核验

This record is provisional.本条目为待定状态。 It hasn't been through the checks the rest of the map has, so it carries no source references or diligence score, and the index won't hold it. The blockers below say what would have to change. 它还没走完地图其余部分都走过的核验流程，所以没有来源引用，也没有尽调评分，指数不会持有它。下面的阻塞项写着要先解决什么。

What it doesGas sensing, smart instrumentation and IoT monitoring solutions, plus a 56.48%-held subsidiary, Suzhou Nesta, that makes flexible tactile sensors and electronic skin from graphene and carbon-nanotube piezoresistive materials.

在干什么气体传感、智能仪表与物联网监测解决方案；并持有苏州能斯达 56.48% 股权，该子公司以石墨烯与碳纳米管压阻材料生产柔性触觉传感器与电子皮肤。

Why it mattersThe file calls P02 tactile the scarcest data in the industry and has no listed expression of it at all. Hanwei is the closest thing to one on a mainland exchange, and Nesta has been building flexible tactile sensors since 2013, which is longer than any of the venture-funded tactile names have existed.

为何重要本文件称 P02 触觉是全行业最稀缺的数据，却完全没有可交易的公开市场表达。汉威是 A 股最接近的标的；能斯达自 2013 年起从事柔性触觉传感器，存续时间长于任何一家风险投资支持的触觉公司。

Caveat

Apply the file's NVDA rule verbatim. Tactile is not separately disclosed at any level.

Sensors of all kinds were about 18.3% of revenue and gas sensing dominates that; e-skin is at self-described small-batch supply. FY2025 net profit attributable of RMB 159m was up 107.11%, but roughly RMB 119m of it was after-tax profit from discontinued operations on the September 2025 sale of 65% of Zhengzhou Hanwei Zhiyuan.

The operating business did not double. Trade receivables of roughly RMB 1.67bn against RMB 2.414bn of revenue, with about RMB 469m aged over one year, is the number to look at first.

This is a listed option on P02, never a P02 pure play. Two source sets disagree on FY2025 revenue (RMB 2.414bn in the annual report versus RMB 2.14bn in the May 2026 HK listing application, most likely a continuing-operations restatement) and that is unreconciled.

风险提示

原样套用本文件的 NVDA 规则。触觉在任何层级均未单独披露；全部传感器业务约占收入 18.3%，其中以气体传感为主，电子皮肤仍处于公司自述的“小批量供货”阶段。

2025 年归母净利润 1.59 亿元，同比 +107.11%，但其中约 1.19 亿元来自 2025 年 9 月出售郑州汉威智源 65% 股权的终止经营业务税后利润——主营并未翻倍。应收账款约 16.7 亿元，对应收入 24.14 亿元，其中账龄一年以上约 4.69 亿元，这是首先应看的数字。

它是 P02 的上市期权，不是纯标的。年报口径 24.14 亿元与 2026 年 5 月港股招股书口径 21.4 亿元不一致（很可能是持续经营口径重述），尚未调平。

Bottlenecks瓶颈 P02 Tactile & force sensing触觉与力感知

Proposed for: companies
Class: public
Country: CN
HQ: Zhengzhou, China
Ticker: 300007.SZ
Exchange: SZSE ChiNext
Ticker confidence: confirmed
Systems: senses
Proposed by: brain-senses-blood
Confidence: 70
Translated fields: what_it_does_zh · why_it_matters_zh · caveat_zh