每经AI快讯，9月17日，汽车热管理板块走高，其中中石科技上涨16.88%，凯龙高科上涨15.54%，新坐 标上涨10.0%，银轮股份、飞荣达、三花智控涨超5%。 ...

近年来，园区加快汽车产业电动化、智能化、网联化转型升级，着手完成涵盖新能源整车、核心零 部件、智能车联网等细分领域的全产业链布局—— 在新能源整车方面，苏州金龙是国内中大型客车领域龙头企业，具有年产2万台大中轻型客车等整 车及底盘能力。2024年，苏州金龙产销量超1.4万台，销售额突破100亿元，同比增长29%；其中出口额 52.25亿元，同比增长26%，再创新高，产品远销以色列、韩国、冰岛、乌拉圭等国家和地区。 新华日报记者 孟旭 9月5日，苏州工业园区管委会与耐世特（中国）投资有限公司签署合作备忘录。作为全球领先的汽 车转向与动力传动系统供应商，耐世特将斥资10亿元人民币在园区新建亚太总部、研发中心及智能制造 基地。该项目聚焦新能源汽车转向系统与自动驾驶技术，计划于2026年7月完工，投产后年产值有望突 破100亿元。 就在此次签约的一周前，全球第一大汽车技术供应商博世与苏州工业园区签署"博世智能驾控中国 区产业创新项目"合作备忘录。未来5年内，博世计划在园区投资100亿元人民币，双方将在智能辅助驾 驶与智能座舱领域深度合作，推动关键技术创新与产业化落地，助力园区打造智能网联汽车产业高地。 汽车产业市场规 ...

□ 本报记者 孟 旭 9月5日，苏州工业园区管委会与耐世特（中国）投资有限公司签署合作备忘录。作为全球领先的汽车转 向与动力传动系统供应商，耐世特将斥资10亿元人民币在园区新建亚太总部、研发中心及智能制造基 地。该项目聚焦新能源汽车转向系统与自动驾驶技术，计划于2026年7月完工，投产后年产值有望突破 100亿元。 就在此次签约的一周前，全球第一大汽车技术供应商博世与苏州工业园区签署"博世智能驾控中国区产 业创新项目"合作备忘录。未来5年内，博世计划在园区投资100亿元人民币，双方将在智能辅助驾驶与 智能座舱领域深度合作，推动关键技术创新与产业化落地，助力园区打造智能网联汽车产业高地。 汽车产业市场规模大、产业链长、覆盖面广、关联产业多，是高端装备制造产业的核心组件，也是推动 制造业高质量发展的重要支撑。聚焦这一赛道，外资巨头纷纷增资扩产，是苏州工业园区在汽车制造业 领域、特别是在新能源与智能网联领域雄厚实力和吸引力的集中体现。 近年来，园区加快汽车产业电动化、智能化、网联化转型升级，着手完成涵盖新能源整车、核心零部 件、智能车联网等细分领域的全产业链布局—— 在新能源整车方面，苏州金龙是国内中大型客车领域龙 ...

Group 1 - The core viewpoint of the news is that Xincoord Technology Co., Ltd. has seen a stock price increase of 5.06%, reaching 66.28 CNY per share, with a total market capitalization of 9.046 billion CNY [1] - The company, established on July 31, 2002, specializes in the research, production, and sales of precision cold-forged components, with its main revenue sources being valve drive precision cold-forged components (76.09%), valve group precision cold-forged components (11.19%), and others [1] - The trading volume for the stock was 178 million CNY, with a turnover rate of 2.03% [1] Group 2 - Among the top ten circulating shareholders of Xincoord, Yongying Fund's advanced manufacturing mixed fund (018124) entered the list in the second quarter, holding 4.0337 million shares, which is 2.99% of the circulating shares [2] - The fund has achieved a year-to-date return of 79.86%, ranking 104 out of 8175 in its category, and a one-year return of 203.68%, ranking 16 out of 7982 [2] - The fund was established on May 4, 2023, with a current scale of 2.976 billion CNY [2]

新坐标（603040.SH）：公开丝杆螺 母卷制成型工艺，彰显公司研发创 新实力 近日，国家知识产权局专利业务官网（https://cponline.cnipa.gov.cn/）公开了 公司申请的数个发明专利，包括《一种卷制成型丝杆螺母的制造方法及丝杆螺 母》、《一种保持架及循环式行星滚柱丝杠副》等。对此，我们点评如下： 卷制成型工艺制造丝杆螺母，有望解决效率和精度问题。行星滚柱丝杠主要由 主丝杠、螺母和滚柱构成。其中螺母的内螺纹加工精密，且操作空间极度受限， 加工难度最大。行业普遍采用的深孔螺纹加工方案，据上海狄兹精密机械有限 公司 2023 年 11 月申请的《一种行星滚柱丝杠螺母内螺纹车削设备及方法》， 内螺纹的车床加工主要用车刀对旋转的工件进行车削加工，可使用专用的内螺 纹车刀进行行星滚柱丝杠螺母的内螺纹加工。但是由于机器人领域使用的精密 丝杆螺母又细又长，长径比远超常规应用场景的螺母，现有的车削、磨削等工 艺在应对机器人的丝杆螺母时均存在挑战。 新坐标于 2025 年 7 月 22 日公开发明专利文件《一种卷制成型丝杆螺母的制 造方法及丝杆螺母》。该文件提到了一种创新的加工工艺—卷制成型工艺，该 工 ...

(上合天津峰会)10年与80年，两条时间轴为上合组织发展刻下新坐标 中新社天津9月2日电 题：10年与80年，两条时间轴为上合组织发展刻下新坐标 中新社记者 曾玥 2025年上海合作组织峰会8月31日至9月1日在天津举行。 8月31日，天津，参加2025年上海合作组织峰会的各国旗帜在主会场外迎风飘扬。中新社记者 佟郁 摄 峰会发布一系列成果，其中指向的两条时间轴，为上合组织发展刻下新坐标。 峰会批准的《上合组织未来10年(2026－2035年)发展战略》如此明确指出。这一纲领性文件为上合组织未来10年发展定下基调、明 确方向。 上合组织肇始于巩固地区安全，成功于探索和扩大各领域合作。 从6个创始成员国发展成为覆盖亚欧非三大洲众多国家的"上合组织大家庭"，从安全与经济合作"双轮驱动"到建设团结互信、和平安 宁、繁荣发展、睦邻友好、公平正义的"五个共同家园"，上合组织成立24年来，越来越多轨迹汇入坐标轴，留下一个又一个交点。 "当前，上海合作组织已经成长为26国参与、在50多个领域开展合作、经济总量接近30万亿美元的世界最大区域组织，国际影响力和 感召力日益增强。"中国国家主席习近平在上海合作组织成员国元首理事会 ...

Summary of Conference Call for New Coordinates Company Overview - New Coordinates has achieved its highest quarterly revenue ever in the first half of 2025, with Q2 revenue exceeding 200 million yuan, showing significant year-on-year and quarter-on-quarter growth [3][22] - The company’s net profit reached a record high of 77 million yuan, with a healthy gross margin maintained [3] Industry and Market Dynamics - The overseas revenue of New Coordinates has surpassed domestic revenue for the first time, accounting for over 51% of total revenue, primarily due to the efforts of overseas subsidiaries since 2022 [2][3] - The commercial vehicle and commercial engine business segments have increased in proportion, indicating an optimization of the company’s business structure [2] Customer Structure and Market Share - BYD still accounts for over 10% of New Coordinates' revenue, although this has slightly decreased; Volkswagen accounts for approximately 40%-50% globally, with foreign markets making up two-thirds of this [2][4] - The commercial vehicle segment has seen nearly 20% growth, with revenue exceeding 70 million yuan, mainly driven by overseas markets and clients such as MAN and Caterpillar [4][10] - The Mexican subsidiary has shown significant revenue growth, enhancing profitability through scale effects and automation improvements [16] Product Development and R&D - New Coordinates established a dedicated subsidiary for four-cylinder engine research and development with a registered capital of 500 million yuan, aiming to enter small-scale production in the second half of the year [6][30] - The company has made progress in developing new products, particularly in the valve train and precision components, with the "other" category (mainly high-pressure pumps and parts) showing rapid growth [8][9] Future Outlook and Seasonal Factors - The company anticipates a slight slowdown in performance in Q3 and Q4 due to seasonal factors, with new projects from Chery, Great Wall, and others expected to gradually contribute to growth [7][22] - The heat management system's stainless steel component business is expected to ramp up in the second half of the year [7] Financial Performance and Growth Projections - The revenue growth rate for the first half of 2025 was around 20%, with expectations for the full year to be around 10% [22][24] - Traditional business is projected to maintain approximately 10% growth in the coming years, supported by ongoing projects and customer orders [24] Strategic Initiatives and Competitive Position - New Coordinates is focusing on high-performance alloy steel materials instead of traditional carbon steel to meet the automotive industry's stringent quality requirements [21] - The company has secured a project with Rolls-Royce, enhancing its brand effect and potential for high-end customer orders [26][27] Challenges and Risks - The company faces challenges in maintaining growth due to potential slowdowns in key clients like BYD and seasonal impacts on performance [22][23] - The commercial vehicle market remains a significant growth area, but the company’s market share in this segment is still relatively low compared to passenger vehicles [12][13] Conclusion - New Coordinates is positioned for growth with a strong focus on overseas markets and new product development, although it must navigate seasonal fluctuations and competitive pressures in the automotive industry [2][7][12]

证券之星消息，2025年9月1日新坐标（603040）发布公告称民生证券、天风证券（601162）、上银基金、 指南行远私募、上海合远私募基金、华福证券、中泰证券（600918）研究所、西南证券、光大保德信基 金、长江证券、中意资产、国信证券、国寿安保基金、源弈资产、华西证券（002926）、杭州俊腾私募、 开源证券、华泰自营、华鑫证券、英大基金于2025年8月29日调研我司。 具体内容如下： 问：1.公司上半年业绩增长的原因？目前公司全面的业绩指引？ 答：报告期内，全球化的制造、销售服务体系建设成果显现，新坐标欧洲和新坐标墨西哥营业收入较上年 同期分别增长33.42%和29.36%，海外子公司盈利能力持续提升。商用车、乘用车海外市场同步发力，这 一积极态势不仅体现了国际客户对公司产品的高度认可，更为未来的业绩增长打下坚实的基础。公司在 2024年7月公告的股权激励草案中明确了公司2025年的收入及利润考核目标，公司管理层及全体员工将尽 力做好各方面经营工作，实际经营过程中还是会存在多方面不确定因素。 答：公司与浙江陀曼智能科技股份有限公司、孙立松先生共同出资设立控股子公司杭州玖月捌传动科技有 限公司，实现多 ...

Group 1: Financial Performance - In H1 2025, the company achieved revenue of 390 million yuan, a year-on-year increase of 18.9%, and a net profit attributable to shareholders of 140 million yuan, up 27.4% year-on-year [1] - For Q2 2025, the company reported revenue of 210 million yuan, a year-on-year increase of 13.3% and a quarter-on-quarter increase of 17.9%, with a net profit of 80 million yuan, reflecting a year-on-year increase of 19.6% and a quarter-on-quarter increase of 12.3% [1] - The company declared a cash dividend of 40 million yuan (before tax) in H1 2025, with a dividend payout ratio of 28.6%, an increase of 4.6 percentage points year-on-year [1] Group 2: Profitability and Cost Management - The company's gross margin for H1 2025 was 53.9%, an increase of 1.4 percentage points year-on-year, while the net margin was 37.3%, up 2.4 percentage points year-on-year [1] - In Q2 2025, the gross margin was 54.1%, a year-on-year increase of 0.8 percentage points and a quarter-on-quarter increase of 0.5 percentage points, with a net margin of 36.7%, reflecting a year-on-year increase of 1.8 percentage points but a quarter-on-quarter decrease of 1.3 percentage points [1] - The expense ratios for sales, management, and R&D in Q2 2025 were 1.0%, 9.7%, and 4.2%, showing a year-on-year change of -1.5 percentage points, +0.9 percentage points, and -0.4 percentage points respectively, with the quarter-on-quarter changes remaining stable or decreasing [1] Group 3: Business Growth and Market Expansion - The company's valve timing group business saw rapid growth, with revenue from precision components reaching 300 million yuan, a year-on-year increase of 23.6% [2] - In H1 2025, overseas revenue was 200 million yuan, a year-on-year increase of 30.7%, accounting for 51.4% of total revenue, an increase of 4.7 percentage points year-on-year [2] - The company successfully opened new projects with luxury car brand Rolls-Royce, expanding its presence in the high-end overseas market [2] Group 4: Product Development and Innovation - The company is focusing on product development in the screw rod sector, leveraging advantages in cold forming technology, mold design, and equipment automation [3] - The company is diversifying raw materials for cold forming from primarily steel to include aluminum, copper, titanium alloys, and stainless steel, and is expanding applications in various precision components [3] - A new subsidiary, JiuYueBa Transmission Holdings, has been established to focus on the R&D and production of screw rod products, enhancing product performance and manufacturing processes [3] Group 5: Profit Forecast and Investment Outlook - The company forecasts net profits attributable to shareholders of 290 million yuan, 380 million yuan, and 490 million yuan for 2025, 2026, and 2027 respectively, with corresponding PE ratios of 30, 23, and 18 times [3]

本次财报公布的各项数据指标表现尚佳。其中，毛利率53.91%，同比增2.66%，净利率37.34%，同比增 6.91%，销售费用、管理费用、财务费用总计2902.58万元，三费占营收比7.44%，同比减23.19%，每股 净资产10.33元，同比增9.15%，每股经营性现金流1.02元，同比增0.31%，每股收益1.03元，同比增 24.1% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 3.28亿 | 3.9亿 | 18.85% | | 归母净利润(元) | 1.11亿 | 1.42亿 | 27.42% | | 扣非净利润(元) | 1.01亿 | 1.33亿 | 31.68% | | 货币资金(元) | 2.27亿 | S 2.01亿 | -11.43% | | 应收账款(元) | 1.03亿 | 1.36亿 | 31.69% | | 有息负债 (元) | 5144.01万 | 5154.44万 | 0.20% | | 手利率 | 52.51% | 53.91% | 2.66% | | 净利率 | 34.9 ...