Investment Rating - The industry investment rating is "Overweight" [3][30]. Core Viewpoints - The humanoid robot industry is expected to see significant growth, with a projected cumulative demand of approximately 2 million units by 2030, indicating a critical breakthrough phase from 0 to 1 [6][24]. - The report highlights key companies to watch in the humanoid robot supply chain, including Tier 1 suppliers and core component manufacturers [6][24]. - The report emphasizes the importance of technological advancements in various sectors, including photovoltaic equipment, energy storage, semiconductor equipment, automation, and hydrogen energy, suggesting a favorable outlook for leading companies in these areas [6][25][26]. Summary by Sections Humanoid Robots - Recent developments include the launch of the first domestic AI-powered exoskeleton robot by Zhiyuan, which features advanced technology for various applications [7]. - The first batch of 220 humanoid robots was delivered by Chery, showcasing their capabilities in customer service and sales guidance [17]. - The World Humanoid Robot Sports Competition is set to take place in August, highlighting the growing interest and innovation in the humanoid robotics field [23]. Photovoltaic Equipment - The penetration rate of N-type photovoltaic technology is accelerating, strengthening the competitive edge of leading companies [25]. - The report suggests focusing on companies that are innovating in cost-reduction technologies and expanding production capacity [25]. Energy Storage - Favorable policies are expected to drive growth in both generation-side and user-side energy storage [25]. - Companies like Xingyun Co. are positioned to benefit from strategic partnerships in the energy storage sector [25]. Semiconductor Equipment - The semiconductor equipment market is projected to reach $140 billion by 2030, with a focus on domestic alternatives due to low current localization rates [26]. - The report recommends monitoring companies that are well-positioned to capitalize on this trend [26]. Automation - The market for industrial tools is expected to grow from approximately 40 billion to 55.7 billion by 2026, with opportunities for leading companies to gain market share through increased concentration and import substitution [26]. Hydrogen Energy - The report highlights the potential of green hydrogen in achieving carbon neutrality, with a focus on companies that integrate the hydrogen supply chain [25].

Investment Rating - The investment rating for the company is maintained as "Buy" with a target price of RMB 22.66 [6][7]. Core Views - The company reported a revenue of RMB 2.981 billion in 2024, a year-on-year decrease of 24.18%, and a net profit attributable to the parent company of RMB 326 million, down 59.67% year-on-year. The decline in performance is attributed to a slowdown in downstream customer demand and slow progress in equipment acceptance [1][4]. - Despite the challenges, the company is expected to see significant growth in overseas orders in 2024, with a potential demand rebound in both domestic and international markets in 2025, leading to a maintained "Buy" rating [1][4]. Summary by Sections Financial Performance - In 2024, the company's gross margin was 31.32%, down 5.51 percentage points year-on-year, primarily due to intensified domestic market competition and increased operating costs from certain overseas DDP model orders. The overall expense ratio increased to 14.62%, up 5.94 percentage points year-on-year [2]. - The company’s revenue for 2025 is projected to be RMB 3.909 billion, with a year-on-year growth of 31.13%, and a net profit of RMB 619 million, reflecting a recovery from the previous year's decline [5][11]. Market Expansion - The company has made significant strides in expanding its overseas market presence, securing orders from major clients such as Volkswagen in Europe and maintaining deep cooperation with strategic clients in Japan and South Korea [3]. - By the end of 2024, the company will have six major domestic factories and overseas facilities in Japan and South Korea to meet the growing demand from international clients [3]. Profitability Forecast - The forecast for net profit attributable to the parent company is adjusted to RMB 619 million for 2025, reflecting a decrease of 33% from previous estimates, with further projections of RMB 799 million in 2026 and RMB 1.087 billion in 2027 [4][11]. - The company is expected to maintain a competitive edge in the market due to its expanding overseas capacity and advantages in downstream equipment [4][19].

浙江杭可科技股份有限公司 2024 年年度股东大会 会议资料 2025 年 5 月 股东大会须知 为保障浙江杭可科技股份有限公司全体股东的合法权益，维护股东大会 的正常秩序，保证股东大会的议事效率，确保本次股东大会如期、顺利召开， 根据《公司法》《公司章程》《股东大会议事规则》及中国证监会、上交所 的有关规定，特制定本须知。 一、股东大会设会务组，由公司董事会秘书负责会议的程序安排和会务工作。 会议进行中只接受股东及股东代表发言或提问。发言或提问应围绕本次会 议议题进行，简明扼要，时间不超过 5 分钟。发言或提问时需说明股东名 称及所持股份总数。每位股东及股东代表发言或提问次数不超过 2 次。 股东及股东代表要求发言或提问时，不得打断会议报告人的报告或其他股 东及股东代表的发言。在股东大会进行表决时，股东及股东代表不再进行 发言。股东及股东代表违反上述规定，会议主持人有权加以拒绝或制止。 主持人可安排公司董事、监事、高级管理人员以及董事、监事候选人等回 二、为保证股东大会的严肃性和正常秩序，切实维护与会股东（或股东代表） 的合法权益，除出席会议的股东（或股东代表）、公司董事、监事、高级 管理人员、见证律师及董 ...

证券代码：688006 证券简称：杭可科技 公告编号：2025-023 浙江杭可科技股份有限公司 关于召开 2024 年度科创板电池行业集体业绩说明会 暨召开 2025 年第一季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。 三、参加人员 重要内容提示： 投资者可于 2025 年 05 月 08 日（星期四）至 05 月 14 日（星期三）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 hq@chr-group.net 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。 浙江杭可科技股份有限公司（以下简称"公司"）已于 2025 年 4 月 29 日披 露公司《2024 年年度报告》及《2025 年第一季度报告》。为便于广大投资者更全 面深入地了解公司 2024 年度及 2025 年第一季度的经营成果、财务状况，公司计 划于 2025 年 05 月 15 日（星期四）15:00-17:00 参加 2024 年度科创板电池行业 集体业绩说明会，并同时召开 2025 年第 ...

Group 1 - The core viewpoint of the news is that Hangke Technology is facing significant declines in revenue and net profit due to various market challenges, including slowing demand and increased competition [1] - In 2024, Hangke Technology's revenue is projected to decrease by 24.18% and net profit by 59.67%, with the first quarter of 2025 also showing declines of 23.07% in revenue and 33.07% in net profit [1] - The company is focusing on fulfilling existing orders and is actively developing new technologies and products to meet market demands [1] Group 2 - Hangke Technology's overseas sales are expected to account for over 30% of its revenue, with growth in overseas orders, particularly from new customers in the automotive sector [1] - The company is expanding its presence in the solid-state battery sector and collaborating with various domestic and international battery manufacturers to enhance research and development efforts [1] - There are concerns regarding the U.S. market's contribution, as unstable tariff policies may impact product competitiveness [1]

Group 1 - The core viewpoint is that Hangke Technology is facing significant revenue and profit declines due to market demand slowdown, increased competition, extended acceptance cycles, and foreign exchange losses [1] - In 2024, Hangke Technology's revenue is projected to decrease by 24.18% and net profit by 59.67% [1] - In Q1 2025, the company anticipates a revenue decline of 23.07% and a net profit decline of 33.07% [1] Group 2 - The company is focusing on fulfilling existing orders and actively developing new technologies and products to meet market demands [1] - Over 30% of the company's revenue in 2024 is expected to come from exports, with growth in overseas orders, particularly from new customers in the automotive sector [1] - The company is expanding its presence in the solid-state battery sector and collaborating with various domestic and international battery firms to enhance R&D investment and optimize production processes [1]

Investment Rating - The report maintains a "Buy" rating for the company [1] Core Views - The company experienced a revenue decline in 2024 but showed a significant improvement in Q1 2025, with a 119.26% increase in revenue compared to the previous quarter. The focus on overseas market expansion is viewed positively [7] - The company’s revenue for 2024 was 2.981 billion yuan, a year-on-year decrease of 24.18%, primarily due to intensified competition in the lithium battery equipment manufacturing industry and extended acceptance cycles from battery manufacturers [7] - The report highlights the company's stable growth in R&D investment, with R&D expenses reaching 257 million yuan in 2024, a year-on-year increase of 5.6% [7] - The company is recognized as a leading player in the global lithium battery equipment market, with ongoing exports to various countries including Germany, Sweden, and the USA [7] Financial Summary - Total revenue forecast for 2024 is 2.981 billion yuan, with a projected increase to 3.770 billion yuan in 2025, and further growth expected in subsequent years [1][8] - The net profit attributable to the parent company is forecasted to be 326.34 million yuan in 2024, with an expected increase to 425.26 million yuan in 2025 [1][8] - The report projects a dynamic P/E ratio of 24 for 2025 and 18 for 2026, indicating a favorable valuation outlook [7]

2024 年营业收入普遍下滑，部分公司出现亏损 ： 大多数公司 2024 年营业收入同比出现 20%-50% 的 降幅， 仅 曼恩斯特、星云股份和纳科诺尔 等少数公司保持正增长。 利润方面， 大多数公司出于谨慎原则计提了较高减值，导致归母净利润同比降幅相较收入降幅扩大， 海 目星、利元亨、金银河和星云股份 等公司出现了亏损。 业绩下滑反映了 2024 年国内锂电下游市场需求 放缓，客户设备验收节奏有所延迟的情况。 关注公众号，点击公众号主页右上角" ··· "，设置星标 "⭐" ，关注 鑫椤锂电 资讯~ 本文来源：鑫椤锂电 锂电设备公司已经于近期陆续公布了 2024 年及 2025 年一季度的财报。 #鑫椤锂电 整理了主要锂电设 备公司的营业收入和归母净利润表格如下。 | 公司名称 | | 营业收入 | | | 明母冷却酒 | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 2024 (亿元) | 同比 | Q125 (1Z7C) | 目比 | 2024 (1770) | 同比 | Q125 (177) | 同比 | | 先导 ...

浙江杭可科技股份有限公司 2024 年度独立董事述职报告（陈林林） 作为浙江杭可科技股份有限公司（以下简称"公司"）的独立董事，严格按 照《中华人民共和国公司法》《中华人民共和国证券法》《上市公司独立董事管 理办法》《上海证券交易所科创板上市公司自律监管指引第1号——规范运作 （2023年12月修订）》《公司章程》等相关法律法规、规章制度的规定和要求， 本着客观、公正和独立的原则，以忠实的态度勤勉地履行义务和职责，充分发挥 专业优势和独立作用，努力维护并有效保障了公司全体股东，尤其是中小股东的 合法权益。现将本人2024年度主要工作情况报告如下： 一、独立董事的基本情况 （一）个人工作履历，专业背景以及兼职情况 （二）是否存在影响独立性的情况说明 1 （一）出席董事会次数、方式及投票情况，出席股东大会次数 2024年度，公司共召开3次董事会会议和2次股东大会，本人积极参与，不存 在缺席且委托其他董事代为出席并行使表决权的情形。在会议上，本人对各项议 案材料进行了认真审议，并谨慎、独立地行使表决权，未对各项议案及公司其他 事项提出异议。本人2024年度出席会议的情况如下： | 参加股东 | 参加董事会情况 | ...

浙江杭可科技股份有限公司 2024 年度独立董事述职报告（徐亚明） 作为浙江杭可科技股份有限公司（以下简称"公司"）的独立董事，严格按 照《中华人民共和国公司法》《中华人民共和国证券法》《上市公司独立董事管 理办法》《上海证券交易所科创板上市公司自律监管指引第1号——规范运作 （2023年12月修订）》《公司章程》等相关法律法规、规章制度的规定和要求， 本着客观、公正和独立的原则，以忠实的态度勤勉地履行义务和职责，充分发挥 专业优势和独立作用，努力维护并有效保障了公司全体股东，尤其是中小股东的 合法权益。现将本人2024年度主要工作情况报告如下： 一、独立董事的基本情况 （一）个人工作履历，专业背景以及兼职情况 徐亚明女士，女，1954年出生，硕士研究生学历，中国国籍，无境外永久居 留权。1982毕业于中南财经政法大学会计学院财务与会计专业，获经济学学士； 1997年获上海财经大学经济学硕士；1975至1978年9月任昆明、云南金马矿山机 械厂、财务科、总账会计；1982年7月至1987年8月，任职于四川省纺织工业厅、 计财处（承担全省纺织工业成本分析及纺织简报）；1987年8月至今任浙江财经 大学会计学院副 ...