8月22日，卧龙电驱盘中上涨2.03%，截至10:46，报32.23元/股，成交36.03亿元，换手率7.28%，总市值503.47亿元。 机构持仓方面，截止2025年6月30日，卧龙电驱十大流通股东中，南方中证500ETF（510500）位居第五大流通股东，持股1620.56万股，相比上期增加450.26万股。香港中央结算有限公司位 责任编辑：小浪快报 今年以来卧龙电驱已经5次登上龙虎榜，最近一次登上龙虎榜为8月21日，当日龙虎榜净买入2716.31万元；买入总计11.23亿元 ，占总成交额比11.46%；卖出总计10.96亿元 ，占总成交额 资料显示，卧龙电气驱动集团股份有限公司位于浙江省绍兴市上虞区曹娥街道复兴西路555号;香港湾仔皇后大道东183号合和中心46楼，成立日期1998年10月21日，上市日期2002年6月6日， 卧龙电驱所属申万行业为：电力设备-电机Ⅱ-电机Ⅲ。所属概念板块包括：驱动电机、电力物联网、小鹏汽车概念、DeepSeek概念、能源互联等。 资金流向方面，主力资金净流出1.29亿元，特大单买入3.03亿元，占比8.41%，卖出3.83亿元，占比10.64%；大单买入7.89亿元，占 ...

Core Viewpoint - Wolong Electric Drive's recent stock price surge is driven by the robot concept, despite the fact that its robot business only accounts for 2.7% of revenue, raising questions about whether the company's Hong Kong IPO is a strategic necessity or merely a fundraising effort [1][9]. Group 1: Business Performance - Wolong Electric Drive's three main business segments—explosion-proof, industrial, and HVAC electric drive systems—contribute nearly 90% of the company's revenue, with revenue shares of 87.1%, 84.2%, 82.2%, and 89.1% over recent periods [1]. - Revenue growth for these segments has significantly slowed, with projected growth rates of 13.15% and 0.19% for the explosion-proof segment in 2023 and 2024, respectively, and 11.78% and 0.07% for the industrial segment [1]. - In the first half of 2025, the company achieved revenue of 8.031 billion yuan, a year-on-year increase of 0.66%, and a net profit attributable to shareholders of 537 million yuan, up 36.76% [1]. Group 2: Financial Data and Accounting Issues - The company's gross profit margins for the years ending December 31, 2022, 2023, and 2024 were 23.9%, 23.9%, and 23.2%, respectively, with a slight increase to 24.6% in the first half of 2025 [2]. - Financial expenses decreased significantly from 117 million yuan in the previous year to 42.96 million yuan in the first half of 2025, attributed to currency fluctuations and reduced financing costs [2]. - The company has faced scrutiny over frequent accounting errors, including a recent announcement correcting prior financial statements, which indicated inflated revenue figures due to changes in accounting methods [2][3]. Group 3: Related Party Transactions and Concerns - The company has a high proportion of other business income, which raised concerns about potential inflated performance through related party transactions, particularly with its major customers being subsidiaries of its controlling shareholder [3][4]. - In 2022, a newly established trading company transacted nearly 30 million yuan with Wolong Electric Drive, despite having no reported employees, raising further questions about the legitimacy of such transactions [4]. Group 4: IPO and Market Speculation - Wolong Electric Drive announced plans for an H-share IPO in Hong Kong, aiming to raise funds for capacity expansion, R&D enhancement, and sales network development, despite having substantial existing cash reserves [6][7]. - The company's stock price has been subject to speculative trading, with a notable 20% increase over three days due to the robot concept hype, despite the low revenue contribution from this segment [8][9]. - The company has introduced narratives around "low-altitude economy" and partnerships with major aviation firms, although the high technical barriers and long certification cycles in this field suggest limited short-term returns [9][10].

具体来看，今日上榜的营业部中，沪股通为第一大买入营业部及第一大卖出营业部，买入金额为7.61亿 元，卖出金额为6.65亿元，合计净买入9544.96万元。 | 买/ | 会员营业部名称 | 买入金额（万 | 卖出金额（万 | | --- | --- | --- | --- | | 卖 | | 元） | 元） | | 买一 | 沪股通专用 | 76092.13 | | | 买二 | 东方财富证券股份有限公司拉萨团结路第一证券营业部 | 14077.41 | | | 买三 | 东方财富证券股份有限公司拉萨金融城南环路证券营业 | 7726.21 | | | | 部 | | | | 买四 | 东方财富证券股份有限公司拉萨东环路第二证券营业部 | 7638.40 | | | 买五 | 东方财富证券股份有限公司拉萨东环路第一证券营业部 | 6753.65 | | | 卖一 | 沪股通专用 | | 66547.18 | | 卖二 | 国泰海通证券股份有限公司上海静安区新闸路证券营业 部 | | 17537.22 | | 卖三 | 瑞银证券有限责任公司上海花园石桥路证券营业部 | 9483.71 | | --- | --- ...

2025年8月13日，上交所主板上市公司卧龙电气驱动集团股份有限公司（600580.SH）正式向香港联合交易所主板递交 招股书，启动A+H双重上市进程。招股书显示，本次H股发行由中金公司、华泰国际及广发证券（香港）担任联席保 荐人。若顺利通过聆讯，卧龙电气将成为继比亚迪、宁德时代之后，又一家在沪港两地同时挂牌的高端装备制造企 业。 二、A+H双重上市的资本逻辑：融资、估值与流动性 截至2025年8月21日收盘，卧龙电气A股总市值约493.47亿元，静态市盈率约52.65倍，招股书明确，本次H股募集资金 将用于： 扩大公司的产能以及提升生产基础设施的智能化水平、效率及全球覆盖范围；提升全球研发实力，旨在升级产品平 台、推动技术创新及维持五个核心电驱动系统解决方案系列的长期竞争力；加强公司在新兴领域（主要为电动航空及 机器人组件）的投资及业务；发展全球销售及服务网络，以强化品牌影响力、提升客户参与并增强国内外市场的经销 能力；留作一般营运资金以供业务灵活调配，使公司能够迅速、审慎地响应战略机遇及应对不可预见的市场变化。 在流动性层面，A+H架构可为公司提供"双融资平台"，降低单一市场波动带来的资金成本。近期A股连 ...

（原标题：电力设备行业8月21日资金流向日报） | 代码 | 简称 | 今日涨跌幅（%） | 今日换手率（%） | 主力资金流量（万元） | | --- | --- | --- | --- | --- | | 600580 卧龙电驱 | | -10.00 | 19.23 | -126169.30 | | 300274 阳光电源 | | -2.93 | 3.13 | -57123.56 | | 601727 上海电气 | | -1.96 | 2.24 | -39089.12 | | 002245 蔚蓝锂芯 | | -4.16 | 12.72 | -35274.21 | | 301511 德福科技 | | -8.08 | 12.42 | -28751.55 | | 002074 国轩高科 | | -3.10 | 3.54 | -27731.41 | | 300432 富临精工 | | -3.31 | 5.24 | -24639.83 | | 300409 道氏技术 | | -5.06 | 11.94 | -19722.56 | | 300153 科泰电源 | | -7.03 | 16.25 | -18819.93 ...

（原标题：解密主力资金出逃股 连续5日净流出422股） 证券时报•数据宝统计，截至8月21日收盘，沪深两市共422只个股连续5日或5日以上主力资金净流出。从净流出持续时间来看，宏创控股连续20日 主力资金净流出，排名第一；大胜达连续19日主力资金净流出，位列第二。从主力资金净流出总规模来看，内蒙一机主力资金净流出金额最大， 连续6天累计净流出38.56亿元，卧龙电驱紧随其后，5天累计净流出35.71亿元。从主力资金净流出占成交金额的比例来看，广汇能源占比排名居 首，该股近9日下跌2.36%。（数据宝） 连续5日或以上主力资金净流出个股排名 | | 主力资金 | 主力资金 | 主力资金 | 累计涨跌幅 | | --- | --- | --- | --- | --- | | 证券代码 证券简称 | 净流出天数 | 净流出金额 | 净流出比例 | （%） | | | | （亿元） | （%） | | | 600967 内蒙一机 600580 卧龙电驱 | 6 5 | 38.56 35.71 | 12.80 6.66 | -12.86 14.37 | | | 6 | 33.64 | 6.81 | -9.18 | | ...

证券之星消息，8月21日电机板块较上一交易日下跌3.74%，卧龙电驱领跌。当日上证指数报收于 3771.1，上涨0.13%。深证成指报收于11919.76，下跌0.06%。电机板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 301023 | 江南奕帆 | 48.89 | 4.13% | 7.46万 | | 3.62亿 | | 603988 | 中电电机 | 24.12 | 2.99% | 10.47万 | | 2.51亿 | | 618509 | 神力股份 | 12.70 | 0.95% | 8.12万 | | 1.03亿 | | 603728 | 鸣志电器 | 64.97 | -0.63% | 12.05万 | | 7.90亿 | | 301502 | 华阳智能 | 59.60 | -0.65% | 3.61万 | | 2.13亿 | | 603344 | 星德胜 | 27.47 | -0.65% | 4.15万 | | 1.14亿 | | 000922 ...

Market Overview - As of the market close on August 21, the Shanghai Composite Index rose by 0.13% to 3771.10, while the Shenzhen Component Index fell by 0.06% to 11919.76, and the ChiNext Index decreased by 0.47% to 2595.47 [3][4]. - The total trading volume in the Shanghai and Shenzhen markets reached 2.42 trillion yuan, marking the seventh consecutive trading day with volumes exceeding 2 trillion yuan [5]. Sector Performance - The market saw a mixed performance with over 3000 stocks declining. Notable sectors that performed well included combustible ice, digital currency, oil and gas extraction, trust concepts, and electricity [7]. - The digital currency sector was particularly strong, with stocks like Sanwei Xinan and Beixin Source hitting the daily limit of 20% increase, alongside multiple stocks such as Cuiwei Co., Zhongyou Capital, and Tianrongxin also reaching their daily limits [7]. Stock Highlights - ZTE Corporation's A-shares saw a trading volume exceeding 20 billion yuan, with the stock rising by 6.56% by the end of the trading day [8]. - In terms of capital flow, major inflows were observed in basic chemicals, computers, public utilities, and banking sectors, while mechanical equipment, electrical equipment, non-ferrous metals, and automotive sectors experienced net outflows [10]. Institutional Insights - Guodu Securities noted that the overall market remains in a trend of oscillating upward, with high trading activity and market sentiment. Investors are encouraged to actively participate in the market, focusing on large-cap stocks with performance, scale, and trends, particularly in sectors like computing hardware, semiconductor chips, and robotics [14]. - Huatai Securities highlighted that both volume and price in A-shares are rising, with trading activity remaining high without signs of overcrowding. Although foreign trading activity has increased, there has not yet been a net inflow trend from foreign institutional investors, which could be a significant factor for future market movements [14].

中证稀土产业指数选取涉及稀土开采、稀土加工、稀土贸易和稀土应用等业务相关上市公司证券作为样本，以反映稀土产业 上市公司证券的整体表现。 稀土概念股午后走低，卧龙电驱跌10%，领益智造跌超7%，北方稀土、盛和资源跌超2%。 受盘面影响，跟踪中证稀土产业指数的ETF跌超2%。 | 代码 | 名称 | 现价 | | 涨跌 涨跌幅 ▲ | | --- | --- | --- | --- | --- | | 516150 | 稀土ETF嘉实 | 1.586 | -0.040 | -2.46% | | 516780 | 稀土ETF | 1.530 | -0.038 | -2.42% | | 159713 | 稀土ETF | 1.136 | -0.028 | -2.41% | | 159715 | 稀土ETF易方达 | 1.039 | -0.025 | -2.35% | 有券商表示，在"碳中和"等政策的持续推动下，新能源汽车、风力发电及节能电机等高端磁材需求增长迅速。此外，传统制 造领域需求复苏及人形机器人加速落地为稀土需求注入增长动力。 （文章来源：每日经济新闻） ...

Market Overview - The A-share market experienced a sudden decline in the afternoon, with the Shanghai Composite Index dropping over 0.2% before recovering slightly, while the Shenzhen Component and ChiNext indices fell [2] - The trading volume in the Shanghai and Shenzhen markets exceeded 2 trillion yuan for the first time this year, marking the seventh consecutive trading day of such volume [2] Sector Performance - Securities stocks collectively faced a pullback, with notable declines including Changcheng Securities down over 6% and Hato Securities down over 5% [2][3] - Several high-priced stocks hit the daily limit down, including Lianhuan Pharmaceutical and Zhongdian Xindong, with others like Shunlian Bio and Sainuo Medical dropping over 8% [4] Banking Sector - In contrast, bank stocks showed strength in the afternoon, with Agricultural Bank of China and Postal Savings Bank reaching new historical highs during the session [2] Hong Kong Market - The Hang Seng Index fell over 0.5%, and the Hang Seng Tech Index dropped more than 1% [6] - AAC Technologies Holdings (02018.HK) saw a rapid decline of over 14% following the release of its interim results, despite reporting a revenue of 13.32 billion yuan, a year-on-year increase of 18.4% [6][8] Company Performance - AAC Technologies reported a gross margin of 20.7%, down 0.8 percentage points year-on-year, attributed to changes in product mix, while net profit attributable to shareholders increased by 63.1% to 876 million yuan due to improved profitability in optical business and rapid growth in precision structural components [8] - CICC noted that the overall valuation level of A-shares remains reasonable, but the rapid increase in trading volume may lead to short-term volatility [8]