Market Performance - The electric motor sector increased by 3.81% compared to the previous trading day, with Huayang Intelligent 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 - Huayang Intelligent (301502) closed at 57.50, up 10.53% with a trading volume of 35,600 lots and a transaction value of 197 million [1] - China Electric Motor (603988) closed at 28.96, up 9.99% with a trading volume of 98,900 lots and a transaction value of 280 million [1] - Wolong Electric Drive (600580) closed at 51.70, up 8.66% with a trading volume of 2,474,000 lots and a transaction value of 1.25 billion [1] - Other notable performers include Dayang Electric (002249) up 5.42% and Xiangming Intelligent (301226) up 5.16% [1] Fund Flow Analysis - The electric motor sector experienced a net outflow of 486 million from institutional funds and 280 million from speculative funds, while retail investors saw a net inflow of 766 million [2][3] - Major stocks like China Electric Motor and Wolong Electric Drive had mixed fund flows, with institutional inflows and speculative outflows [3]

Market Performance - The electric motor sector increased by 4.25% compared to the previous trading day, with Kangping Technology leading the gains [1] - The Shanghai Composite Index closed at 3861.87, up 0.04%, while the Shenzhen Component Index closed at 13063.97, up 0.45% [1] Top Gainers in Electric Motor Sector - Kangping Technology (300907) closed at 39.98, up 16.36% with a trading volume of 108,200 shares and a transaction value of 409 million [1] - Jiangsu Changli (300660) closed at 66.19, up 14.16% with a trading volume of 454,900 shares and a transaction value of 2.673 billion [1] - Dayang Electric (002249) closed at 10.34, up 10.00% with a trading volume of 2.8172 million shares and a transaction value of 2.763 billion [1] Other Notable Performers - Mingzhi Electric (603728) closed at 78.15, up 6.05% with a trading volume of 125,500 shares and a transaction value of 1.935 billion [1] - Weiguang Co., Ltd. (002801) closed at 38.15, up 5.59% with a trading volume of 77,900 shares and a transaction value of 292 million [1] Market Capital Flow - The electric motor sector saw a net inflow of 18.2663 million from institutional investors, while retail investors contributed a net inflow of 26.9 million [2] - The sector experienced a net outflow of 287 million from speculative funds [2] Individual Stock Fund Flow - Dayang Electric (002249) had a net inflow of 35.2 million from institutional investors, while it faced a net outflow of 155 million from speculative funds [3] - Zhaowei Electromechanical (003021) recorded a net inflow of 22 million from institutional investors, with a net outflow of 75.8594 million from speculative funds [3] - Kangping Technology (300907) had a net inflow of 20.174 million from institutional investors, while it faced a net outflow of 13.4122 million from speculative funds [3]

Core Viewpoint - China Electric Motor experienced a decline in stock price, with a current trading price of 25.72 CNY per share and a market capitalization of 6.049 billion CNY, indicating fluctuations in trading activity and investor sentiment [1]. Financial Performance - For the first half of 2025, China Electric Motor reported a revenue of 308 million CNY, representing a year-on-year growth of 21.94%. The net profit attributable to shareholders was 34.97 million CNY, showing a significant increase of 240.92% compared to the previous period [2]. - The company has distributed a total of 544 million CNY in dividends since its A-share listing, with 38.99 million CNY distributed over the last three years [3]. Shareholder and Market Activity - As of June 30, 2025, the number of shareholders decreased by 18.75% to 13,900, while the average number of circulating shares per person increased by 23.07% to 16,948 shares [2]. - The stock has seen a net outflow of 8.48 million CNY in principal funds recently, with significant selling pressure from large orders [1]. Business Overview - China Electric Motor, established in April 2003 and listed in November 2014, specializes in the research, design, production, and sales of large and medium-sized AC and DC motors. The revenue composition includes 52.75% from AC motors, 20.86% from wind power motors, 13.35% from DC motors, and 13.04% from other sources [1]. - The company operates within the electric equipment industry, specifically in the motor sector, and is involved in various concept sectors such as renewable energy, wind energy, offshore wind power, solar energy, and photovoltaic glass [1].

Market Overview - The electric motor sector increased by 0.76% compared to the previous trading day, with Sanxie Electric leading the gains [1] - The Shanghai Composite Index closed at 3860.5, down 0.26%, while the Shenzhen Component Index closed at 13005.77, up 0.63% [1] Stock Performance - Sanxie Electric (code: 920100) closed at 90.90, up 14.15% with a trading volume of 83,700 shares and a transaction value of 736 million [1] - Fangzheng Electric (code: 002196) closed at 10.33, up 10.01% with a trading volume of 644,800 shares and a transaction value of 647 million [1] - Jiangte Electric (code: 002176) closed at 10.24, up 4.07% with a trading volume of 1,859,800 shares and a transaction value of 1889 million [1] - Other notable performers include Ananda (code: 603350) up 3.36% and Mingzhi Electric (code: 603728) up 2.49% [1] Fund Flow Analysis - The electric motor sector experienced a net outflow of 1.8 billion from institutional investors, while retail investors saw a net inflow of 733 million [2] - Notable stocks with significant fund flows include Fangzheng Electric with a net inflow of 229 million from institutional investors, despite a net outflow of 101 million from speculative funds [3] - Jiangte Electric also saw a net inflow of 146 million from institutional investors, with a net outflow of 40.62 million from speculative funds [3]

Core Insights - The direct current micro special motor industry is experiencing steady growth in China, driven by increasing automation in manufacturing and expanding application fields [1][2][4] - In 2024, China's production of direct current micro special motors is projected to reach 15.5 billion units, with a demand of 13.5 billion units and a market size of 288.63 billion yuan, reflecting a slight increase from 2023 [1][2] - The industry is characterized by a competitive landscape involving multinational corporations, foreign enterprises, and domestic companies [5][6] Industry Definition and Classification - Direct current micro special motors are defined as motors with a diameter less than 160mm or a height not exceeding 90mm, with a rated power of less than 750W or having special performance and applications [2] - They are classified into permanent magnet DC motors and armature DC motors, and further into brushed and brushless DC motors [2] Current Development Status - The industry originated in developed countries like Germany and Switzerland, rapidly developed in Japan, and is now expanding in developing countries due to rising application demands [2][4] - The application fields have broadened from audio equipment and home appliances to include garden tools, medical devices, industrial automation, new energy vehicles, and robotics [1][2] Market Size and Projections - The market size for direct current micro special motors in China is expected to reach 296.42 billion yuan by 2025, with production and demand projected to grow to 16 billion units and 13.8 billion units, respectively [1][2] Industry Chain - The upstream of the industry includes raw materials such as copper, steel, enameled wire, and castings; the midstream involves R&D and manufacturing; and the downstream applications span consumer electronics, industrial automation, medical devices, and new energy sectors [4] Competitive Landscape - The global direct current micro special motor industry is highly concentrated, primarily dominated by companies from Europe, Japan, and China, with advanced technology still residing in developed nations [4][5] - Major global players include Nidec, Denso, Mitsuba, Minebea, Ziehl-Abegg, Ebm-Papst, Mabuchi, and Maxon Motor [4] Domestic Market Dynamics - Chinese companies in the direct current micro special motor sector include Wolong Electric, Dayang Electric, Innovera, Jiangsu Leili, Jinlong Electromechanical, and others [6] - Despite advancements in technology, domestic companies still face challenges in market competitiveness compared to international counterparts [5] Future Development Trends - The industry is adapting to national policies and economic conditions, focusing on strategic adjustments and optimization of industrial structure, manufacturing technology, production modes, and product performance [7]

Group 1 - The stock of China Electric Motor increased by 6.1%, reaching 28.33 CNY per share, with a trading volume of 252 million CNY and a turnover rate of 3.93%, resulting in a total market capitalization of 6.663 billion CNY [1] - China Electric Motor Co., Ltd. is located in Wuxi, Jiangsu Province, established on April 8, 2003, and listed on November 4, 2014. The company's main business involves the research, design, production, and sales of large and medium-sized AC and DC motors [1] - The revenue composition of the company includes: AC motors 52.75%, wind power motors 20.86%, DC motors 13.35%, and others 13.04% [1] Group 2 - Huazhong Fund has a significant holding in China Electric Motor, with Huazhong Modern Life Mixed Fund (008290) holding 315,000 shares, accounting for 4.37% of the fund's net value, making it the fifth-largest holding [2] - The Huazhong Modern Life Mixed Fund (008290) was established on April 26, 2020, with a current size of 194 million CNY. Year-to-date return is 32.47%, ranking 2286 out of 8174 in its category; the one-year return is 63.09%, ranking 1897 out of 7981; and since inception, the return is 16.02% [2] - The fund manager, Liu Shusheng, has a tenure of 7 years and 105 days, with the fund's total asset size at 194 million CNY. The best return during his tenure is 77.11%, while the worst return is 40.44% [2]

Group 1 - The core viewpoint of the news is that China Electric Motor has seen a significant increase in its stock price, with a rise of 5.27% to 26.95 CNY per share, and a trading volume of 356 million CNY, indicating strong market interest [1] - China Electric Motor Co., Ltd. is located in Wuxi, Jiangsu Province, established on April 8, 2003, and listed on November 4, 2014. The company specializes in the research, design, production, and sales of large and medium-sized AC and DC motors [1] - The revenue composition of the company includes: AC motors 52.75%, wind power motors 20.86%, DC motors 13.35%, and others 13.04% [1] Group 2 - From the perspective of fund holdings, Huazhong Fund has a significant position in China Electric Motor, with Huazhong Modern Life Mixed Fund (008290) holding 315,000 shares, accounting for 4.37% of the fund's net value, making it the fifth-largest holding [2] - The Huazhong Modern Life Mixed Fund (008290) was established on April 26, 2020, with a latest scale of 194 million CNY. Year-to-date returns are 32.55%, ranking 1889 out of 8179 in its category; the one-year return is 60.63%, ranking 1796 out of 7984; and since inception, the return is 16.09% [2] - The fund manager, Liu Shusheng, has been in the position for 7 years and 102 days, with the total asset scale of the fund being 194 million CNY. The best return during his tenure is 77.11%, while the worst return is 40.77% [2]

9月9日，中电电机涨5.27%，截至发稿，报26.95元/股，成交3.56亿元，换手率5.79%，总市值63.39亿 元。 资料显示，中电电机股份有限公司位于江苏省无锡市高浪东路777号，成立日期2003年4月8日，上市日 期2014年11月4日，公司主营业务涉及大中型交、直流电机的研发设计、生产和销售。主营业务收入构 成为：交流电机52.75%，风力电机20.86%，直流电机13.35%，其他13.04%。 责任编辑：小浪快报 汇丰晋信中小盘股票（540007）成立日期2009年12月11日，最新规模9.14亿。今年以来收益38.86%，同 类排名686/4222；近一年收益66.53%，同类排名1212/3798；成立以来收益235.23%。 汇丰晋信中小盘股票（540007）基金经理为郑小兵。 截至发稿，郑小兵累计任职时间2年65天，现任基金资产总规模20.36亿元，任职期间最佳基金回报 60.59%， 任职期间最差基金回报51.51%。 从基金十大重仓股角度 数据显示，汇丰晋信基金旗下1只基金重仓中电电机。汇丰晋信中小盘股票（540007）二季度增持 133.13万股，持有股数234.78万股，占基金 ...

Market Overview - The electric motor sector experienced a significant increase of 5.12% on the trading day, with N Huaxin leading the gains [1] - The Shanghai Composite Index closed at 3812.51, up 1.24%, while the Shenzhen Component Index closed at 12590.56, up 3.89% [1] Stock Performance - N Huaxin (603370) saw a remarkable rise of 272.58%, closing at 69.30, with a trading volume of 280,100 shares and a transaction value of 19.89 billion [1] - Other notable performers included: - China Electric Motor (603988) up 10.02% to 25.15 with a transaction value of 368 million [1] - Wolong Electric Drive (600580) up 10.00% to 38.50 with a transaction value of 1.04 billion [1] - Ocean Electric Motor (002249) up 5.85% to 8.14 with a transaction value of 867 million [1] Capital Flow - The electric motor sector saw a net inflow of 2 billion from institutional investors, while retail investors experienced a net outflow of 1.9 billion [1] - Detailed capital flow for selected stocks includes: - Wolong Electric Drive (600580) had a net inflow of 1.22 billion from institutional investors [2] - N Huaxin (603370) attracted 571 million from institutional investors but saw a significant outflow of 1.09 billion from retail investors [2] - China Electric Motor (603988) had a net inflow of 108 million from institutional investors [2]

Market Overview - The electric motor sector experienced a decline of 0.71% on the previous trading day, with Xiangdian Co. leading the losses [1] - The Shanghai Composite Index closed at 3813.56, down 1.16%, while the Shenzhen Component Index closed at 12472.0, down 0.65% [1] Stock Performance - Notable gainers included Wolong Electric Drive, which rose by 8.25% to a closing price of 37.28, with a trading volume of 3.25 million shares [1] - Other stocks such as Jiangte Electric and Zhongdian Electric saw declines of 1.39% and 1.52%, respectively [1] - Xiangdian Co. reported a significant drop of 5.80%, closing at 14.93, with a trading volume of 509,900 shares and a transaction value of 778 million [2] Capital Flow - The electric motor sector saw a net inflow of 149 million from institutional investors, while retail investors experienced a net outflow of 1.56 billion [2] - Major stocks like Wolong Electric Drive had a net inflow of 524 million from institutional investors, while retail investors showed a significant outflow of 4.52 billion [3] - Other stocks such as Dayang Electric and Zhongdian Electric also experienced mixed capital flows, with Dayang Electric seeing a net inflow of 84.16 million from institutional investors [3]