（文章来源：证券日报） 证券日报网讯 9月5日晚间，柯力传感发布公告称，公司计划于2025年9月17日（星期三）13：00-14： 45举行2025年半年度业绩说明会。 ...

格隆汇9月5日丨柯力传感(603662.SH)在投资者互动平台表示，公司和特斯拉尚未合作。 ...

格隆汇9月5日丨柯力传感(603662.SH)在投资者互动平台表示，截至目前，公司已取得部分协作机器人 客户的批量订单，但占公司2025年半年度营业收入的比例较小。 ...

证券代码：603662 证券简称：柯力传感 公告编号：2025-036 宁波柯力传感科技股份有限公司 关于召开 2025 年半年度业绩说明会的公告 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： （二）会议召开地点：上海证券交易所上证路演中心 投资者可于 2025 年 9 月 10 日 （星期三） 至 9 月 16 日 （星期二）16： 00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 dmb@kelichina.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行 回答。 宁波柯力传感科技股份有限公司（以下简称"公司"）已于 2025 年 8 月 29 日发布公司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半年度经营成果、财务状况，公司计划于 2025 年 9 月 17 日 （星期三） 13:00-14:45 举行 2025 年半年度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以视频结合网络互动方式召开，公司将针对 20 ...

【导读】人形机器人产业的中场答卷：谁赚钱，谁落地，谁在探索下注？ 中国基金报记者 牛思若 展会舞台上，人形机器人展出数量翻番，观众络绎不绝；资本市场上，今年以来，人形机器人概念板块持续领跑市场，成为最受瞩目的热门赛道之一。 东方财富Choice数据显示，目前A股市场有172只人形机器人概念股。截至9月4日收盘，仅12家年内股价下跌，近70家涨幅超50%，更有25家实现股价翻 倍，该板块整体呈现"普涨少跌"的强势格局。 随着半年报披露"收官"，真实的财务数据逐渐揭开这场热潮的面貌：超过六成概念股业绩改善，奥比中光、柯力传感、绿的谐波等供应商率先盈利，兑现 了产业链"第一波红利"；优必选则以2.5亿元再次刷新人形机器人全球最大合同纪录。与此同时，仍有许多"后来者"不断入局。 热闹背后，谁能真正走出盈亏迷局？半年报交出的答卷，既有掌声与增长，也有未竟的拷问。 谁在赚钱：产业链上的"稳定收割者" 2025年被称为"人形机器人量产元年"，但真正赚到钱的，往往并非台前的整机厂商，而是隐身幕后、提供关键零部件与传感器的上游企业。 东方财富Choice数据显示，A股172只人形机器人概念股中，114家归母净利润实现同比增长， ...

公司业绩增速表现亮眼，期间费用率上行 2025 年上半年公司业绩增速表现亮眼，主要受报告期内新增并表子公司导致。分季度来看，Q2 实现营 业收入3.70 亿元，同比增长20.41%；实现归母净利润0.97 亿元，同比增长31.66%。上半年公司毛利 率、净利率分别为44.04%和28.48%，分别较去年同期增加0.61pct 和4.93pct，公司期间费用率较去年同 期增加2.15pct 至25.65%。 事件： 2025 年8 月29 日，公司公告2025 年半年度报告，25H1 实现营业收入6.85亿元，同比增长23.40%；实现 归母净利润1.73 亿元，同比增长47.93%，基本每股收益0.61 元。 点评： 市场竞争风险。公司主要产品所处行业竞争较为激烈，预计行业内公司将面临国际、国内双重市场竞 争。 汇率波动风险。公司稳步拓展海外市场，汇率若发生较大波动将影响公司业绩。 围绕机器人传感器方向，产业投资、客户拓展取得积极进展 原材料价格波动风险。大宗商品价格变化将导致公司生产成本存在上升风险。 盈利预测与评级 中性情境下，我们预计公司2025-2027 年营业收入为15.27、18.23、21.96 ...

Group 1 - The core viewpoint of the news is that Keli Sensor is actively optimizing its resource allocation by acquiring a controlling stake in its subsidiary, Huahong Technology, to enhance operational efficiency and decision-making speed [1][2][3] - Keli Sensor plans to acquire 45% of Huahong Technology's shares for 122 million yuan, increasing its ownership from 51% to 96%, thereby strengthening its control over the subsidiary [2] - Huahong Technology, engaged in geophysical exploration technology and industrial IoT, has shown strong financial performance with revenues of 125 million yuan and 43.88 million yuan for 2024 and the first half of 2025, respectively [2] Group 2 - Keli Sensor is transitioning from a single physical quantity sensor to a multi-physical quantity sensor, expanding its product offerings through both internal development and external acquisitions [3] - The company reported strong performance in the first half of 2025, achieving revenues of 685 million yuan, a year-on-year increase of 23.40%, and a net profit of 173 million yuan, up 47.93% [3] - Keli Sensor has established four major business segments, including smart industrial measurement and control, smart logistics equipment, energy and environmental measurement, and robotics, with a strategic focus on the robotics sector [3][4]

Group 1 - Huazhong Securities has been approved to issue subordinate corporate bonds with a total face value of no more than 10 billion yuan [1] - Jinbei Automotive plans to invest 240 million yuan to establish an automotive industry investment fund focusing on electrification, intelligence, and low carbon [1] - Linyang Energy is expected to win a bid for a 244 million yuan metering equipment project from Southern Power Grid [1][2] Group 2 - Renfu Pharmaceutical's subsidiary has received drug registration certificates for two products, including a medication for acute hypotension [3][4] - Nanjing Steel plans to distribute a cash dividend of 0.1186 yuan per share [5][6] - Pairui Co. has signed a strategic cooperation agreement with Xi'an Power Electronics Research Institute to develop power devices [7][8] Group 3 - Haixing Electric is expected to win a bid for a 214 million yuan metering equipment project from Southern Power Grid [9][10] - Kuangda Technology is planning a change in control, leading to a continued suspension of its stock [11][12] - Samsung Medical is expected to win a bid for a 274 million yuan metering equipment project from Southern Power Grid [13][14] Group 4 - Jiukang Bio has obtained a medical device registration certificate for a specific diagnostic kit [15][16] - Hechuan Technology's minority shareholder plans to transfer a 13% stake in a subsidiary [17][18] - DiAo Micro has launched a new eUSB2 repeater product for various electronic applications [19][20] Group 5 - David Medical's electric surgical table registration application has been accepted [21][22] - Hangxin Technology plans to apply for a total of 280 million yuan in bank credit [23][24] - Liyuan Technology's non-independent director has resigned [25][26] Group 6 - Ningbo Construction's subsidiary has won a construction project bid worth 729 million yuan [27][28] - Huaren Pharmaceutical's subsidiary has received approval for a raw material drug [29][30] - Suwen Electric plans to distribute a cash dividend of 1 yuan per 10 shares [31][32] Group 7 - Solar Energy has received 1.692 billion yuan in renewable energy subsidies [33][34] - Wangli Security has obtained a patent for a new lock structure [35][36] - Zhejiang Energy's vice chairman has resigned due to age reasons [37][38] Group 8 - Beilu Pharmaceutical's subsidiary has passed GMP certification in Brazil [39][40] - Zhejiang Communications has a subsidiary that is expected to win a highway project bid [41][42] - Xinzhi Group has received a government subsidy of 11.1978 million yuan [43][44] Group 9 - Dong'an Power's engine sales in August increased by 3.44% year-on-year [45][46] - Baiyun Mountain's subsidiary has passed the consistency evaluation for two generic drugs [47][48] - Yipin Hong's subsidiary has received a drug registration certificate for a specific injection [49][50] Group 10 - Far East Holdings' subsidiary has won multiple contracts totaling 1.689 billion yuan [51][52] - Good Housekeeping's shareholder plans to reduce holdings by up to 3.5 million shares [53][54] - Guanghong Technology's shareholders have set a transfer price of 23.33 yuan per share [55][56] Group 11 - Keli Sensor plans to acquire 45% of Huahong Technology's shares for 122 million yuan [57][58] - Jianmin Group's furosemide oral solution has been approved for market launch [59][60] - Jinghua Laser's directors plan to reduce their holdings by up to 143,420 shares [61][62] Group 12 - Zhuyue Group is planning a share transfer that will change its controlling shareholder [63][64] - Terid has pre-bid for two projects totaling approximately 698 million yuan [65][66] - Zhonghuan Hailu is planning a change in control, leading to a continued suspension of its stock and convertible bonds [67][68] Group 13 - Great Wall Motors reported August sales of 115,600 vehicles, a year-on-year increase of 22.33% [69][70] - Guizhou Tire's controlling shareholder has committed not to reduce holdings for 12 months [71][72] - San Da Membrane's shareholder plans to reduce holdings by up to 1% of the company's shares [73][74] Group 14 - Chint Electric has decided to terminate the spin-off of its subsidiary for listing [75][76] - Jusaylong's shareholder plans to reduce holdings by up to 1% of the company's shares [77][78]

Group 1 - Zhongke Environmental Technology acquired 100% equity of Guangxi Guigang Beikong Water Environmental Co., Ltd. and Guangxi Pingnan Beikong Water Environmental Co., Ltd. from Beikong Water (Guangxi) Group Co., Ltd. through public bidding [1] - Shanghai ShenKai Petroleum Chemical Equipment Co., Ltd. (ShenKai) fully owned subsidiary Shanghai ShenKai Petroleum Technology Co., Ltd. acquired 51% equity of Beijing Blue Ocean Zhixin Energy Technology Co., Ltd. for 60 million yuan [1] - Zhuhai Huijin Technology Co., Ltd. acquired 51% equity of Nanjing Yizheng Information Technology Co., Ltd. for 29.07 million yuan [1] Group 2 - Keli Sensor plans to acquire 45% equity of its subsidiary Fuzhou Huahong Intelligent Technology Co., Ltd. for approximately 122 million yuan, aiming to hold 96% equity post-acquisition [1] - Su Da Weige intends to acquire up to 51% equity of Changzhou Weipu Semiconductor Equipment Co., Ltd. to gain control [1] - China Zhucheng's indirect wholly-owned subsidiary Yinwei International Co., Ltd. signed a memorandum of understanding to explore potential investment in Guangzhou Heyue New Energy Technology Co., Ltd. [1] Group 3 - Savvy Games Group, under the Saudi Public Investment Fund, plans to expand into the Chinese and other Asian markets, seeking large-scale transactions worth billions of dollars to enhance its influence in the global gaming industry [1]

晨会纪要（2025/09/02） 编辑人 022-28451618 SAC NO：S1150511010016 cuijian@bhzq.com 崔健 渤海证券研究所晨会纪要（2025.09.02） 宏观及策略研究 结构性因素拉动下，制造业景气边际改善——2025 年 8 月 PMI 数据点评 公司研究 业绩增速表现亮眼，聚焦机器人传感器领域——柯力传感（603662）2025 年 中报点评 主要产品量价齐升，增量项目持续推进——紫金矿业（601899）2025 年半年 报点评 晨 会 纪 要 请务必阅读正文之后的声明 渤海证券股份有限公司具备证券投资咨询业务资格 1 of 7 晨会纪要（2025/09/02） 宏观及策略研究 价格带动业绩增长，资源基础继续夯实——中金黄金（600489）2025 年半年 报点评 证 券 研 究 报 告 结构性因素拉动下，制造业景气边际改善——2025 年 8 月 PMI 数据点评 宋亦威（证券分析师，SAC NO：S1150514080001） 严佩佩（证券分析师，SAC NO：S1150520110001） 靳沛芃（研究助理，SAC NO：S1150124030005） ...