Core Viewpoint - The company, Kanni Electromechanical, emphasizes its long-term collaboration with Nanjing Engineering Institute to drive technological innovation and result transformation in various projects, including the development of the EMPF system for military personnel [1] Group 1: Collaboration and Innovation - The company has maintained a close partnership with Nanjing Engineering Institute, focusing on joint research and development efforts [1] - Recent collaborations have led to the creation of the EMPF system, which was showcased at the 15th China International Aviation and Aerospace Exhibition, receiving high recognition from participants and media [1] - The partnership aims to enhance the digital operation and customer service experience of intelligent products and services in the rail transit sector [1] Group 2: Product Development and Market Competitiveness - The collaboration has also focused on improving the intelligent interaction levels of products such as transfer machines, wheelchairs, and mobility vehicles [1] - The company plans to deepen its cooperative innovation with Nanjing Engineering Institute and other universities to efficiently transform research outcomes into practical applications [1] - This strategy is intended to solidify and enhance the company's core competitiveness in the market [1]

Group 1 - The company is actively exploring the innovative development of electromechanical integration core technologies in emerging and future industries, aiming to cultivate new growth points [1] - The company's subsidiary, Kanni Technology, is promoting a smart safety electricity system, which is currently being applied in small batches in the maritime market [1] - The company has recently partnered with Jiangsu Tower Intelligent Connection, Nanjing Huakun Information Technology, and Fei Sun Drone Technology to advance an intelligent drone project for highway maintenance, focusing on addressing traditional pain points through technological innovation [1] Group 2 - The company's core role in the drone project involves the development of drone nests based on electromechanical core technologies, aimed at achieving wide-area and continuous automatic inspections [1] - The project is currently in the research and development phase, contributing to the digital transformation of the traffic maintenance sector [1]

2020-2025年1-11月中国动车组产量统计图 数据来源：国家统计局，智研咨询整理 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 上市企业：中国中车（601766）,中国通号（688009）,思维列控（603508）,京沪高铁（601816）,晋西车 轴（600495）,神州高铁（000008）,康尼机电（603111）,辉煌科技（002296）,天宜上佳（688033）,威 奥股份（605001） 相关报告：智研咨询发布的《2026-2032年中国高铁行业市场运营格局及前景战略分析报告》 根据国家统计局数据显示：2025年11月中国动车组产量为206辆，同比增长24.1%；2025年1-11月中国动 车组累计产量为1722辆，累计增长9.3%。 ...

Investment Rating - The report maintains an "Overweight" rating for the railway equipment industry, indicating a positive outlook compared to the overall market performance [4]. Core Insights - The railway investment in China is projected to remain a highly certain direction, with a total investment of 753.8 billion yuan from January to November 2025, reflecting a year-on-year growth of 5.9%. If this growth rate continues in December, the total railway fixed asset investment for the year is expected to exceed 900 billion yuan, setting a historical record [4]. - The report anticipates that by 2035, the national railway network will reach approximately 200,000 kilometers, including around 70,000 kilometers of high-speed rail, significantly enhancing connectivity to major urban areas and resource-rich regions [4]. - The economic and flexible advantages of railway transportation are highlighted, with a projected increase in both passenger and freight volumes. For instance, the freight volume reached 4.83 billion tons, a year-on-year increase of 2.4%, while passenger volume hit 4.279 billion, growing by 6.6% [4]. - The vehicle segment is expected to benefit the most in the long term, with an additional 20,000 kilometers of high-speed rail planned and a growing demand for new trains as older models reach the end of their lifespan [4]. - The report recommends focusing on the high-speed train industry chain, particularly core suppliers such as CRRC Corporation Limited (for complete trains and key components) and other related companies [4]. Summary by Sections Railway Investment - The total railway investment for 2025 is projected to exceed 900 billion yuan, marking a historical high [4]. - The "14th Five-Year Plan" aims for a railway network of 200,000 kilometers by 2035, enhancing connectivity to major cities and resource areas [4]. Transportation Advantages - The railway system's capacity and cost-effectiveness are emphasized, with a significant increase in both freight and passenger volumes expected [4]. - The government aims to reduce logistics costs, with targets set for 2027 to improve the share of railway freight [4]. Vehicle Segment - The demand for new high-speed trains is expected to rise, with a current fleet of 5,233 high-speed trains, including 2,248 Fuxing trains [4]. - The report notes a significant increase in the bidding for high-speed trains, indicating strong demand [4]. Recommended Companies - Key companies to watch include CRRC Corporation, Sifang Control, and others involved in the high-speed rail supply chain [4].

从股权结构来看，康尼机电目前无实际控制人。截至2025年9月30日，第一大股东南京工程学院资产经 营有限责任公司持股9.87%。返聘的8位高管中，金元贵、陈颖奇、高文明、刘文平均为公司前十大股 东。 据新华日报，12月24日晚间，南京康尼机电股份有限公司发布第六届董事会第七次会议决议公告，公司 董事会审议通过议案，拟返聘8名已离任的董监高人员担任高级顾问或高级专家。其中，公司创始人、 86岁的金元贵，原监事会主席朱卫东（71岁）和原职工代表监事张金雄（68岁）被聘为高级顾问。 根据康尼机电发布的董事会决议，此次返聘是为了"进一步发挥公司离任退居二线及退休高级管理人员 的作用"。公司认为这些人员"在公司所处的行业深耕多年，积累了丰富的行业资源"，其专业能力、管 理经验与行业资源是公司的宝贵财富，返聘是为了支持公司既定战略的稳步推进与业务持续健康发展。 关于返聘的具体薪酬方案，公司在后续关联交易公告中披露约为580万元，3年的任期预计超1700万元， 约为2024年公司归母净利润的近5%。 ...

责任编辑：郭栩彤 责任编辑：郭栩彤 ...

责任编辑：韦子蓉 来源：江苏经济报 责任编辑：韦子蓉 来源：江苏经济报 ...

截至发稿，康尼机电市值为60亿元。 每经头条（nbdtoutiao）——左手"欠款"右手"豪购"！杨陵江收购"国内酒庄第一股"，1919是否重启上 市？"吹太多牛都实现了，但千亿还没实现，我很着急" 每经AI快讯，康尼机电（SH 603111，收盘价：7.01元）12月24日晚间发布公告称，公司第六届第七次 董事会会议于2025年12月24日以现场结合通讯方式召开。会议审议了《关于制定公司"提质增效重回 报"行动方案的议案》等文件。 2024年1至12月份，康尼机电的营业收入构成为：轨道交通装备制造业占比69.34%，新能源汽车零部件 制造业占比20.22%，其他占比10.44%。 （记者 曾健辉） ...

证券代码：603111 证券简称：康尼机电 公告编号：2025-045 南京康尼机电股份有限公司 关于签订专家、顾问服务协议 暨关联交易的公告 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。 重要内容提示： 是否需要提交股东会审议：否 关联交易对公司的影响：本次关联交易为南京康尼机电股份有限公司（以 下简称"公司"）可持续高质量发展需要，公司与关联方之间的关联交易定 价公允，不存在损害公司和股东利益的情形，不会对公司独立性产生影响。 一、关联交易基本情况 1、关联交易的概述 金元贵先生、朱卫东先生、张金雄先生、高文明先生、刘文平先生、徐庆先 生、徐官南先生、王亚东先生等合计 8 名人员（以下简称"相关人员"）于 2025 年 6 月从公司董事、监事和高级管理人员相关职务上离任。为保障公司的可持续 高质量发展，持续获取专业资源支持，公司拟聘任上述相关人员为公司高级顾问 或高级专家，分别签订《高级顾问、高级专家服务协议》，继续为公司战略规划、 经营管理、市场开拓、创新研发等领域提供指导建议。 根据《上海证券交易所股票上市规则》（以 ...

证券代码：603111 证券简称：康尼机电 公告编号：2025-046 南京康尼机电股份有限公司 关于 "提质增效重回报"行动方案的公告 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。 为深入贯彻落实国务院《关于进一步提高上市公司质量的意见》要求，积极 响应上海证券交易所《关于开展沪市公司"提质增效重回报"专项行动的倡议》， 践行"以投资者为本"的发展理念，切实保障与维护广大投资者合法权益，南京康 尼机电股份有限公司（以下简称"公司"）结合自身发展战略规划与经营实际，特 制定了《"提质增效重回报"行动方案》，以推动公司高质量发展，该行动方案已 经公司六届董事会第七次会议审议通过。具体内容如下： 一、聚焦"提质"：全面提升经营质量，夯实高质量发展根基 公司将以高质量发展为主线，全面提升经营质量与可持续发展能力。 1、坚持战略导向，聚焦主业 公司确立了"以机电技术为核心的智慧交通装备平台"的战略定位，形成了以 轨道交通产品为核心业务、以新能源汽车零部件产品为成长业务、以科创孵化产 品等为种子业务的业务组合架构。 公司将秉持"以客户 ...