在优化市场结构方面，今年以来，爱柯迪依托全球化客户网络，进一步深化与跨国头部车企及新能源主 机厂的战略合作，推动产品结构向集成化、模块化升级，公司海外市场收入占比稳步提升，北美、欧洲 及东南亚生产基地的协同效应逐步显现。2025年上半年公司外销占比约53.82%。 在产品矩阵升级方面，爱柯迪紧跟汽车"深度国产替代"与"跨界技术融合"趋势，在巩固传统中小件"隐 形冠军"地位的基础上，持续完善产品品类，加速向系统级解决方案提供商转型。尤其在新能源汽车赛 道，上半年，公司高压压铸、半固态成型等工艺技术持续突破，目前相关产品已覆盖电驱、电控、电池 壳体及智能驾驶雷达、域控系统、车身结构件等核心部件，实现了"大、中、小件"产品矩阵的协同发 展。 后续爱柯迪将重点布局新材料应用、高真空压铸和可控钎焊技术与精益化智能制造工艺等，强化技术壁 垒与差异化竞争力。 另外，爱柯迪上半年持续推进"全球制造基地+区域供应枢纽"的产能网络建设，加快全球化布局步伐。 对投资者重点关注的海外产能建设进展，公司管理层在业绩说明会上进行了详细介绍。 董丽萍表示："公司墨西哥二期工厂已于2025年6月份正式投产，产能将逐步释放，通过本地化生产将有 ...

| 证券代码：600933 | 证券简称：爱柯迪 | 公告编号：临 2025-113 | | --- | --- | --- | | 转债代码：110090 | 转债简称：爱迪转债 | | 爱柯迪股份有限公司 关于 2025 年半年度业绩说明会召开情况的公告 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。 爱柯迪股份有限公司（以下简称"公司"）于 2025 年 9 月 24 日（星期三） 下 午 13:00-14:00 通 过 上 海 证 券 交 易 所 上 证 路 演 中 心 平 台 （http://roadshow.sseinfo.com/，以下简称"上证路演中心"）召开 2025 年 半年度业绩说明会，现将业绩说明会召开情况公告如下： 一、2025 年半年度业绩说明会召开基本情况 1、会议召开时间：2025 年 9 月 24 日（星期三）下午 13:00-14:00 2、会议召开地点：上证路演中心（http://roadshow.sseinfo.com/） 3、会议召开方式：上证路演中心网络互动 4、会议出席情况：公司董 ...

Group 1 - The core viewpoint of the news is that Aikodi has shown significant stock performance and financial growth, with a notable increase in share price and revenue [1][2]. - As of September 24, Aikodi's stock price increased by 50.50% year-to-date, with a recent 5-day increase of 5.99% and a 20-day increase of 24.00% [1]. - Aikodi's main business involves the research, production, and sales of automotive aluminum alloy precision die-casting parts, with 94.40% of revenue coming from automotive-related activities [1]. Group 2 - For the first half of 2025, Aikodi achieved operating revenue of 3.45 billion yuan, representing a year-on-year growth of 6.16%, and a net profit attributable to shareholders of 573 million yuan, up 27.42% [2]. - The company has distributed a total of 1.774 billion yuan in dividends since its A-share listing, with 782 million yuan distributed over the past three years [3]. - As of June 30, 2025, the number of Aikodi's shareholders increased to 33,600, while the average circulating shares per person decreased slightly by 0.55% [2].

Investment Rating - The report assigns a "Buy" rating to the company, with a target price of 28.91 CNY based on a projected PE of 19.0x for 2025 [3][4]. Core Insights - The company is positioned as a leading player in the domestic automotive aluminum alloy die-casting market, with a stable main business and high certainty of profit growth following the acquisition of Zhuoerbo. The future expansion into humanoid robotics is expected to broaden the company's growth potential [1][2]. - The aluminum die-casting market is anticipated to double in size, driven by the increasing demand for lightweight materials in the automotive sector, particularly in the context of the growing new energy vehicle (NEV) industry [1][2]. Summary by Sections 1. Core Business and Profit Growth - The company primarily engages in the R&D, production, and sales of aluminum and zinc alloy precision die-casting parts, with the automotive die-casting segment accounting for 96.47% of revenue in 2024 [13][16]. - The company has experienced rapid revenue growth, with a CAGR of 28.14% from 2021 to 2024, and a projected revenue of 79.51 billion CNY for 2025 [16][40]. 2. Market Dynamics and Growth Potential - The automotive aluminum die-casting market is expected to see significant growth due to the lightweighting trend, particularly in NEVs, with the domestic market projected to reach 3000-4000 billion CNY by 2025 [1][45]. - The company is actively expanding its product offerings to include larger die-casting components, which will enhance the value per vehicle and drive revenue growth [2][57]. 3. Strategic Acquisitions and Future Ventures - The acquisition of Zhuoerbo is aimed at entering the micro-motor sector, enhancing the company's capabilities in producing precision components for both NEVs and robotics [2][3]. - The establishment of a subsidiary focused on humanoid robotics is expected to capture growth opportunities in lightweight structural components and motor stators [2][3]. 4. Financial Projections and Valuation - Revenue projections for 2025-2027 are 79.51 billion CNY, 105.02 billion CNY, and 127.12 billion CNY, with corresponding net profits of 11.74 billion CNY, 14.89 billion CNY, and 18.76 billion CNY [3][4]. - The company's PE ratios are projected to decrease from 19.0x in 2025 to 12.5x in 2027, indicating potential for valuation improvement [3][4].

Core Insights - The A-share market experienced a collective decline on September 23, with the automotive parts sector showing resilience and increasing in value [1] - The automotive parts ETF (562700) rose by 0.13% with a trading volume of 17.54 million yuan, leading its category [1] - Key stocks such as Xusheng Group, Yongding Co., and Dayang Motor reached their daily limit up, indicating strong market interest [1] Automotive Parts Sector - The automotive parts ETF tracks the CSI Automotive Parts Theme Index, which includes high-quality component manufacturers across various automotive systems [1] - The sector is benefiting from the trends of electrification and intelligence in the domestic automotive industry, suggesting significant growth potential [1] - Companies involved in robotics are increasingly integrating into the automotive parts sector, with humanoid robots seen as a "second curve" for automotive components [1]

太平睿安混合A（010268）基金经理为苏大明。 截至发稿，苏大明累计任职时间1年257天，现任基金资产总规模90.37亿元，任职期间最佳基金回报 8.5%， 任职期间最差基金回报0.04%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 从基金十大重仓股角度 数据显示，太平基金旗下1只基金重仓爱柯迪。太平睿安混合A（010268）二季度持有股数13.6万股，占 基金净值比例为1.1%，位居第十大重仓股。根据测算，今日浮盈赚取约16.46万元。 太平睿安混合A（010268）成立日期2020年11月10日，最新规模1.96亿。今年以来收益7.29%，同类排 名6190/8172；近一年收益25.5%，同类排名5495/7995；成立以来亏损4.61%。 9月23日，爱柯迪涨5.33%，截至发稿，报23.91元/股，成交2.81亿元，换手率1.23%，总市值235.54亿 元。 资料显示，爱柯迪股份有限公司位于浙江省宁波市江北区金山路588号，成立日期 ...

Company Overview - Aikodi Co., Ltd. is located at 588 Jinshan Road, Jiangbei District, Ningbo City, Zhejiang Province, established on December 8, 2003, and listed on November 17, 2017. The company specializes in the research, production, and sales of automotive aluminum alloy precision die-casting parts [1] - The main business revenue composition is as follows: automotive sector 94.40%, other (supplementary) 3.53%, and industrial sector 2.07% [1] Financial Performance - As of June 30, 2025, Aikodi achieved operating revenue of 3.45 billion yuan, a year-on-year increase of 6.16%, and a net profit attributable to shareholders of 573 million yuan, a year-on-year increase of 27.42% [2] - Cumulative cash dividends since Aikodi's A-share listing amount to 1.774 billion yuan, with 782 million yuan distributed over the past three years [3] Stock Performance - On September 22, Aikodi's stock price decreased by 2.04%, trading at 22.61 yuan per share, with a total market capitalization of 22.274 billion yuan [1] - Year-to-date, Aikodi's stock price has increased by 41.31%, with a 9.12% rise over the last five trading days, a 14.77% increase over the last 20 days, and a 41.22% increase over the last 60 days [1] Shareholder Information - As of June 30, 2025, the number of Aikodi shareholders is 33,600, an increase of 0.56% from the previous period, with an average of 29,109 circulating shares per person, a decrease of 0.55% [2] - The Hong Kong Central Clearing Limited has exited the list of the top ten circulating shareholders [3]

拟11.18亿收购卓尔博71%股权 2025年初，爱柯迪首次推出本次重组计划。2025年5月，上交所正式受理了公司的重组申请。 经过问询之后，2025年8月，爱柯迪重组过会，并在9月12日收到证监会关于本次重组同意注册的批复。 这也意味着，爱柯迪本次重组将进入落地实施阶段。 拿下证监会批复之后，爱柯迪（600933）(600933.SH)的重组将进入落地实施阶段。 9月16日晚间，爱柯迪再次更新重组报告书，拟作价11.18亿元，通过发行股份及支付现金的方式购买卓 尔博(宁波)精密机电股份有限公司(以下简称"卓尔博")71%股权，同时募集配套资金不超过5.2亿元。 长江商报记者注意到，本次重组是汽车零部件行业内的产业并购，也是爱柯迪做强汽车零部件主业的重 要举措。 交易对手方作出业绩承诺，2025年至2027年，卓尔博预计实现的净利润数合计将不低于4.725亿元。 随着卓尔博顺利并表，爱柯迪的业务规模及盈利能力将进一步得到提升。根据备考审阅报告，若以2025 年前4个月财务数据为基数测算，本次交易完成之后，爱柯迪的营业收入、归属于上市公司股东的净利 润(以下简称"净利润")将较交易前分别增长16.24%、12. ...

Mergers and Acquisitions - Suzhou Planning intends to acquire 80% equity of Kunshan Architectural Design Institute for a valuation of 8.3172 million yuan as of April 30, 2025 [1] - Hengwei Technology plans to purchase 75% of Shanghai Shuhang Information Technology Co., Ltd. through a combination of issuing shares and cash, without causing a change in control [2] - Anhuai High-Tech aims to acquire 100% equity of Henan High Purity Minerals for 15.0112 million yuan through a private agreement, classified as a related party transaction [3] - Aikodi proposes to acquire 71% equity of Zhaolibo Precision Electromechanical Co., Ltd. for 1.118 billion yuan, while also raising up to 520 million yuan from specific investors [4] Performance Disclosure - Brothers Technology forecasts a net profit of 100 million to 115 million yuan for the first three quarters of 2025, representing a year-on-year increase of 207.32% to 253.42%, driven by rising prices of certain vitamin products and improved capacity utilization [5] Shareholding Changes - Fuchuang Precision's shareholder, Guotou Venture Capital Fund, plans to reduce its stake by up to 3%, equating to a maximum of 9.1863 million shares [6] - Tiancheng Technology's shareholder, Ruixing Phase II, intends to reduce its holdings by up to 1.68%, totaling a maximum of 209.58 million shares [7] - Zhongyou Technology's shareholder, Guohua Satellite, plans to reduce its stake by up to 3%, amounting to a maximum of 4.08 million shares [8]

并购重组 苏州规划：拟收购昆山建筑设计院80%股权 苏州规划公告，公司拟以公开摘牌方式使用自有资金收购昆山开发区国投控股有限公司所持有的昆山开 发区建筑设计院有限公司80%的股权。根据评估，截至2025年4月30日，昆山建筑设计院股东全部权益 评估值为831.72万元。 恒为科技：拟购买上海数珩信息科技股份有限公司75%股份 恒为科技公告，公司正筹划发行股份及支付现金购买上海数珩信息科技股份有限公司75%股份，并募集 配套资金。本次交易预计不构成重大资产重组，不会导致公司控股股东、实际控制人变更，不构成重组 上市。 安彩高科：拟1501.12万元收购河南高纯矿物100%股权 安彩高科公告，公司拟通过非公开协议转让方式，收购洛宁中天利新材料有限公司持有的河南高纯矿物 科技有限公司100%股权，交易价格为1501.12万元。此次交易构成关联交易，不构成重大资产重组。 爱柯迪：拟发行股份及支付现金购买卓尔博71%股权 爱柯迪公告，公司拟通过发行股份及支付现金的方式购买卓尔博（宁波）精密机电股份有限公司71%的 股权，交易价格为11.18亿元。同时，拟向不超过35名特定投资者发行股份募集配套资金，募集配套资 金总额不 ...