Investment Rating - The report gives a "Buy" rating for the company with a target price of 52.1 CNY, indicating a potential upside of 16.6% from the current price of 44.72 CNY [2][7][10]. Core Insights - The company is a leader in the electric forklift industry, focusing on product innovation and smart logistics solutions, which are expected to drive future growth [7][8][9]. - The demand for forklifts is expected to remain strong due to the ongoing electrification and automation trends in the industry, with lithium battery technology playing a crucial role [7][8][9]. - The company has established a solid presence in overseas markets through localized operations and strategic partnerships, enhancing its competitive advantage [7][8][9]. Financial Performance - The company’s total revenue is projected to grow from 6,552 million CNY in 2024 to 9,472 million CNY in 2027, with a compound annual growth rate (CAGR) of 14.5% [3][10]. - Net profit attributable to shareholders is expected to increase from 840 million CNY in 2024 to 1,248 million CNY in 2027, reflecting a CAGR of 19.4% [3][10]. - Earnings per share (EPS) are forecasted to rise from 2.09 CNY in 2024 to 3.11 CNY in 2027 [3][10]. Market Position and Strategy - The company has maintained its position as the top seller of electric forklifts in China for over a decade, with a market share exceeding 35% in 2021 [14][15]. - The introduction of innovative products like the "Little King Kong" series has significantly contributed to the company's growth and market recognition [7][15]. - The company is actively expanding its smart logistics product offerings, which are expected to become a significant growth driver alongside traditional forklift sales [7][9][10]. Industry Trends - The global forklift market is experiencing a steady increase in demand, with electric forklifts gaining a larger market share due to their environmental benefits and operational efficiency [38][39]. - The transition to electric forklifts is being accelerated by advancements in lithium battery technology, which enhances performance and reduces operational costs [51][54]. - The company is well-positioned to benefit from the growing trend of automation and smart logistics in various industries, including e-commerce and manufacturing [7][8][9].

融券方面，中力股份9月25日融券偿还0.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0.00元； 融券余量4800.00股，融券余额21.83万元。 机构持仓方面，截止2025年6月30日，中力股份十大流通股东中，南方中证1000ETF（512100）位居第 八大流通股东，持股48.71万股，为新进股东。财通资管先进制造混合发起式A（021985）位居第十大流 通股东，持股44.59万股，为新进股东。长江智能制造混合型发起式A（014339）、中欧信息科技混合发 起A（023451）退出十大流通股东之列。 资料显示，浙江中力机械股份有限公司位于浙江省湖州市安吉县灵峰街道霞泉村，成立日期2007年9月 20日，上市日期2024年12月24日，公司主营业务涉及电动叉车等机动工业车辆研发、生产和销售。主营 业务收入构成为：叉车等及配件98.85%，其他(补充)1.15%。 责任编辑：小浪快报 截至6月30日，中力股份股东户数2.00万，较上期减少36.39%；人均流通股2575股，较上期增加 62.35%。2025年1月-6月，中力股份实现营业收入34.31亿元，同比增长9.20%；归母净利润4.48亿元 ...

来源：新浪证券-红岸工作室 9月25日，中力股份跌1.37%，成交额2.69亿元，换手率11.48%，总市值182.33亿元。 异动分析 机器人概念+新能源汽车+注册制次新股+人民币贬值受益+新股与次新股 1、根据公司招股说明书：公司自成立以来专注于电动叉车等机动工业车辆的技术研发与产品创新。在 机动工业车辆现有生产技术的基础上，结合行业发展趋势和国内外市场需求，公司以绿色化、数字化、 智能化作为发展方向，充分利用多年技术积累，采用独创的"正向研发" 模式，以客户需求为导向，从 产品外形、功能设计出发，不断开发适应市场需求的产品、工艺与技术，历经多年积淀研发出小金刚、 油改电叉车、搬马机器人等多款具有里程碑意义的产品。公司积极发展和布局移动搬运机器人业务， 2020 年推出具备自动化程度高、灵活性强、安全性好等优势的搬马机器人系列产品，有效减少无效搬 运，降低移动搬运机器人应用门槛。 资金分析 今日主力净流入-127.43万，占比0%，行业排名12/35，该股当前无连续增减仓现象，主力趋势不明显； 所属行业主力净流入-8.12亿，当前无连续增减仓现象，主力趋势不明显。 区间今日近3日近5日近10日近20日主力 ...

Core Viewpoint - The company, Zhejiang Zhongli Machinery Co., Ltd., focuses on the research, development, production, and sales of electric forklifts and intelligent industrial vehicles, benefiting from trends in green, digital, and intelligent development [2][4]. Company Overview - Zhejiang Zhongli Machinery Co., Ltd. was established on September 20, 2007, and is set to be listed on December 24, 2024 [3][8]. - The company's main business revenue composition includes 98.85% from forklifts and related parts, and 1.15% from other sources [8]. Financial Performance - For the first half of 2025, the company achieved a revenue of 3.431 billion yuan, representing a year-on-year growth of 9.20%, and a net profit attributable to shareholders of 448 million yuan, with a year-on-year increase of 6.64% [9]. Market Position and Trends - The company has a significant overseas revenue share of 51.63%, benefiting from the depreciation of the RMB [4]. - The stock has seen a recent increase of 4.80% in value, with a trading volume of 482 million yuan and a turnover rate of 20.61%, leading to a total market capitalization of 18.486 billion yuan [1]. Product and Innovation - The company specializes in electric forklifts, including electric balance ride-on forklifts (Class I), electric ride-on warehouse forklifts (Class II), and electric walk-behind warehouse forklifts (Class III), as well as internal combustion forklifts (Class V) [2][4]. - The company has developed several milestone products, including the "Little King Kong" and oil-to-electric forklifts, and has actively expanded its mobile handling robot business [2]. Shareholder and Institutional Holdings - As of June 30, the number of shareholders for Zhongli Machinery was 20,000, a decrease of 36.39% from the previous period, with an average of 2,575 circulating shares per person, an increase of 62.35% [9][10]. - New institutional shareholders include Southern CSI 1000 ETF and Caitong Asset Management Advanced Manufacturing Mixed Fund [10].

Market Performance - The engineering machinery sector increased by 1.46% on September 24, with Zhongli Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3853.64, up 0.83%, while the Shenzhen Component Index closed at 13356.14, up 1.8% [1] Individual Stock Performance - Zhongli Co., Ltd. (603194) closed at 46.10, up 4.80% with a trading volume of 106,100 shares and a turnover of 482 million yuan [1] - Shantui Co., Ltd. (000680) closed at 10.31, up 4.78% with a trading volume of 697,400 shares and a turnover of 713 million yuan [1] - Hangcha Group (603298) closed at 29.61, up 4.08% with a trading volume of 159,900 shares and a turnover of 472 million yuan [1] - Anhui Heli (600761) closed at 22.64, up 2.91% with a trading volume of 168,500 shares and a turnover of 377 million yuan [1] - Yizhong Heavy Industry (600031) closed at 22.25, up 2.87% with a trading volume of 967,400 shares and a turnover of 2.133 billion yuan [1] Capital Flow Analysis - The engineering machinery sector saw a net inflow of 10.48 million yuan from institutional investors, while retail investors contributed a net inflow of 82.71 million yuan [2] - The sector experienced a net outflow of 93.19 million yuan from speculative funds [2] Stock-Specific Capital Flow - Yizhong Heavy Industry (600031) had a net inflow of 36.5 million yuan from institutional investors, but a net outflow of 10 million yuan from speculative funds [3] - Zhongli Co., Ltd. (603194) saw a net inflow of 55.55 million yuan from institutional investors, while retail investors had a net outflow of 57.80 million yuan [3] - Hangcha Group (603298) experienced a net inflow of 32.24 million yuan from institutional investors, with a net outflow of 7.20 million yuan from retail investors [3]

9月24日，中力股份涨5.02%，截至发稿，报46.20元/股，成交3.07亿元，换手率13.27%，总市值185.26 亿元。中力股份股价已经连续3天上涨，区间累计涨幅6.18%。 资料显示，浙江中力机械股份有限公司位于浙江省湖州市安吉县灵峰街道霞泉村，成立日期2007年9月 20日，上市日期2024年12月24日，公司主营业务涉及电动叉车等机动工业车辆研发、生产和销售。主营 业务收入构成为：叉车等及配件98.85%，其他(补充)1.15%。 从基金十大重仓股角度 数据显示，广发基金旗下1只基金重仓中力股份。广发产业甄选混合A（022334）二季度持有股数3.17万 股，占基金净值比例为1.97%，位居第五大重仓股。根据测算，今日浮盈赚取约7.01万元。连续3天上涨 期间浮盈赚取8.12万元。 广发产业甄选混合A（022334）基金经理为王丽媛。 截至发稿，王丽媛累计任职时间3年328天，现任基金资产总规模16.49亿元，任职期间最佳基金回报 15.16%， 任职期间最差基金回报5.26%。 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 ...

Core Viewpoint - The company, Zhejiang Zhongli Machinery Co., Ltd., specializes in the research, production, and sales of electric forklifts and intelligent industrial vehicles, with a focus on technological innovation and market demand adaptation [2][3]. Company Overview - Zhejiang Zhongli Machinery Co., Ltd. was established on September 20, 2007, and is located in Anji County, Huzhou City, Zhejiang Province. The company is set to be listed on December 24, 2024, and its main business includes the development, production, and sales of electric forklifts and other industrial vehicles [7]. - The company's revenue composition is primarily from forklifts and related parts, accounting for 98.85%, with other income contributing 1.15% [7]. Financial Performance - For the first half of 2025, the company achieved a revenue of 3.431 billion yuan, representing a year-on-year growth of 9.20%. The net profit attributable to the parent company was 448 million yuan, with a year-on-year increase of 6.64% [8]. - As of June 30, the company had 20,000 shareholders, a decrease of 36.39% from the previous period, with an average of 2,575 circulating shares per person, an increase of 62.35% [8]. Market Position and Trends - The company benefits from a significant overseas revenue share of 51.63%, aided by the depreciation of the Chinese yuan [3]. - The stock has shown a recent increase of 3.52% in value, with a trading volume of 360 million yuan and a turnover rate of 16.25%, leading to a total market capitalization of 17.199 billion yuan [1]. Product and Innovation - The company focuses on electric forklifts, including electric counterbalance forklifts (Class I), electric ride-on warehouse forklifts (Class II), and electric walk-behind warehouse forklifts (Class III), as well as internal combustion forklifts (Class V) [2][3]. - The company has developed several milestone products, including the "Little King Kong" and oil-to-electric forklifts, and has actively expanded its mobile handling robot business, launching the "搬马机器人" series in 2020, which features high automation, flexibility, and safety [2].

截至6月30日，中力股份股东户数2.00万，较上期减少36.39%；人均流通股2575股，较上期增加 62.35%。2025年1月-6月，中力股份实现营业收入34.31亿元，同比增长9.20%；归母净利润4.48亿元，同 比增长6.64%。 9月18日，中力股份跌2.86%，成交额2.50亿元。两融数据显示，当日中力股份获融资买入额2069.78万 元，融资偿还2188.96万元，融资净买入-119.18万元。截至9月18日，中力股份融资融券余额合计1.47亿 元。 融资方面，中力股份当日融资买入2069.78万元。当前融资余额1.47亿元，占流通市值的6.90%。 融券方面，中力股份9月18日融券偿还0.00股，融券卖出200.00股，按当日收盘价计算，卖出金额 8286.00元；融券余量1100.00股，融券余额4.56万元。 资料显示，浙江中力机械股份有限公司位于浙江省湖州市安吉县灵峰街道霞泉村，成立日期2007年9月 20日，上市日期2024年12月24日，公司主营业务涉及电动叉车等机动工业车辆研发、生产和销售。主营 业务收入构成为：叉车等及配件98.85%，其他(补充)1.15%。 分红方面，中力股 ...

Core Viewpoint - Zhongli Co., Ltd. has shown a significant increase in stock price and trading volume, indicating positive market sentiment and investor interest [1] Financing Summary - On September 17, Zhongli Co., Ltd. recorded a financing buy-in amount of 37.91 million yuan, with a financing repayment of 43.36 million yuan, resulting in a net financing buy of -5.44 million yuan [1] - As of September 17, the total financing and securities lending balance for Zhongli Co., Ltd. is 148 million yuan, which accounts for 6.75% of its circulating market value [1] - The company had no shares repaid in securities lending on September 17, with 500 shares sold, amounting to 21,300 yuan at the closing price [1] Company Overview - Zhongli Co., Ltd. is located in Anji County, Huzhou City, Zhejiang Province, and was established on September 20, 2007, with its listing date set for December 24, 2024 [1] - The company's main business involves the research, production, and sales of electric forklifts and other motorized industrial vehicles, with 98.85% of its revenue coming from forklifts and related parts [1] Financial Performance - For the first half of 2025, Zhongli Co., Ltd. achieved an operating income of 3.431 billion yuan, representing a year-on-year growth of 9.20%, and a net profit attributable to shareholders of 448 million yuan, with a year-on-year increase of 6.64% [1] Shareholder Information - As of June 30, 2025, the number of shareholders for Zhongli Co., Ltd. is 20,000, a decrease of 36.39% from the previous period, while the average circulating shares per person increased by 62.35% to 2,575 shares [1] - The company has distributed a total of 253 million yuan in dividends since its A-share listing [2] - Notably, new institutional shareholders include Southern CSI 1000 ETF and Caitong Asset Management Advanced Manufacturing Mixed Fund, which are now among the top ten circulating shareholders [2]

Market Performance - The engineering machinery sector increased by 2.81% on September 17, with Wantong Hydraulic leading the gains [1] - The Shanghai Composite Index closed at 3876.34, up 0.37%, while the Shenzhen Component Index closed at 13215.46, up 1.16% [1] Individual Stock Performance - Wantong Hydraulic (code: 830839) closed at 45.91, up 12.41% with a trading volume of 50,300 shares and a turnover of 221 million yuan [1] - Changling Hydraulic (code: 605389) closed at 53.37, up 10.00% with a trading volume of 27,100 shares [1] - Hangcha Group (code: 603298) closed at 28.85, up 8.09% with a trading volume of 180,100 shares and a turnover of 506 million yuan [1] - Zhonglian Heavy Industry (code: 000157) closed at 7.71, up 4.76% with a trading volume of 2,696,700 shares and a turnover of 2.043 billion yuan [1] Capital Flow Analysis - The engineering machinery sector saw a net inflow of 197 million yuan from institutional investors, while retail investors experienced a net outflow of 75.92 million yuan [2] - The main stocks with significant net inflows included Zhonglian Heavy Industry with 202 million yuan and Zhejiang Dingli with 89.57 million yuan [3] Summary of Stock Movements - The overall performance of the engineering machinery sector indicates a positive trend, with several key players showing substantial gains in both stock price and trading volume [1][2] - The capital flow data suggests a strong interest from institutional investors, contrasting with the outflows from retail investors, indicating a potential shift in market sentiment [2][3]