Group 1 - Core viewpoint: Andar Intelligent (688125.SH) reported its Q3 2025 results, highlighting significant institutional investor holdings and changes in share ownership [1] - As of October 30, 2025, a total of 7 institutional investors disclosed holdings in Andar Intelligent A-shares, amounting to 56.5653 million shares, which represents 68.88% of the total share capital [1] - The institutional holding percentage decreased by 0.92 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, 43 public funds were not disclosed in this period compared to the previous quarter, including notable funds such as Xinao New Energy Industry Stock A and E Fund Shanghai Stock Exchange Sci-Tech Innovation Board Comprehensive ETF [1] - Regarding social security funds, there was a reduction in holdings from one fund, the National Social Security Fund 103 Portfolio, with a decrease of 0.34% [1] Group 3 - From the foreign investment perspective, one new foreign institution was disclosed this period, namely CITIC Securities Asset Management (Hong Kong) Co., Ltd. - Client Funds [2] - One foreign institution, KB Asset Management - KB China Mainland Fund, was not disclosed in this period compared to the previous quarter [2]

格隆汇10月30日丨安达智能(688125.SH)发布三季报，2025年前三季度实现营业总收入5.01亿元，同比下 降8.01%；归属母公司股东净利润-9697.37万元，较上年同期亏损增加8759.49万元；基本每股收益为-1.2 元。 ...

章程 广东安达智能装备股份有限公司 二〇二五年十月 1 | | | | | | 第一章 总 则 第一条 为维护广东安达智能装备股份有限公司（以下简称"公司"）、股 东、职工和债权人的合法权益，规范公司的组织和行为，根据《中华人民共和国 公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》（以下简称 "《证券法》"）、《上海证券交易所科创板股票上市规则》（以下简称"《上 市规则》"）和其他有关规定，制定本章程。 第二条 公司系依照《公司法》和其他有关规定成立的股份有限公司。公司 是以发起设立的方式，由东莞安达自动化设备有限公司整体变更设立的股份有限 公司，在东莞市市场监督管理局注册登记，取得营业执照，统一社会信用代码为 91441900673133772K。 第三条 公司经上海证券交易所（以下简称"上交所"）审核并经中国证券 监督管理委员会（以下简称"中国证监会"）于2022年2月25日同意注册，首次 向社会公众发行人民币普通股20,202,020股，并于2022年4月15日在上交所科创板 上市。 第四条 公司注册名称：广东安达智能装备股份有限公司 英文名称：Guangdong Anda Automat ...

广东安达智能装备股份有限公司 2025 年第三季度报告 证券代码：688125 证券简称：安达智能 广东安达智能装备股份有限公司 2025 年第三季度报告 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、准确性和完整性依法承担法律责任。 重要内容提示： 公司董事会及董事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假记载、误 导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、主要财务数据 （一） 主要会计数据和财务指标 单位：元 币种：人民币 | | | 本报告期比 | | 年初至报告期 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 上年同期增 | 年初至报告期末 | 末比上年同期 | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 158,545,462.11 | -31.67 | 5 ...

证券代码：688125 证券简称：安达智能 公告编号：2025-039 广东安达智能装备股份有限公司 关于变更公司注册资本、修订《公司章程》并办理 工商变更登记的公告 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、准确性和完整性依法承担法律责任。 广东安达智能装备股份有限公司（以下简称"公司"） 于 2025 年 10 月 30 日召开第二届董事会第十五次会议，审议通过了《关于变更公司注册资本、修订 〈公司章程〉并办理工商变更登记的议案》。具体情况如下： 一、关于变更公司注册资本的情况 公司 2024 年限制性股票激励计划预留授予第二类限制性股票第一个归属期 的 212,320 股已完成登记并上市流通。本次归属完成后，公司注册资本由人民币 81,914,036 元变更为人民币 82,126,356 元；公司股份总数由 81,914,036 股变更为 82,126,356 股。具体内容详见公司于 2025 年 9 月 24 日在上海证券交易所网站 （www.sse.com.cn）披露的《关于 2024 年限制性股票激励计划预留授予第二类 限制性股票第一个归 ...

证券代码：688125 证券简称：安达智能 公告编号：2025-040 广东安达智能装备股份有限公司 关于 2025 年第三季度计提信用减值损失、资产减值损失 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、准确性和完整性依法承担法律责任。 一、本次计提信用及资产减值准备情况概述 根据《企业会计准则》及相关会计政策的规定，为客观、公允地反映公司截 至 2025 年 9 月 30 日的财务状况及 2025 年第三季度的经营成果，本着谨慎性原 则，公司对截至 2025 年 9 月 30 日公司及子公司的资产进行了减值测试，公司 2025 年第三季度计提及确认的各项损失共计 2,031.70 万元，具体明细如下表所 示： 单位：万元 | 类别 | 2025 年第三季度计提金额 | 备注 | | --- | --- | --- | | 信用减值损失 | -470.09 | 应收票据坏账损失、应收 账款坏账损失、其他应收 | | | | 款坏账损失 | | 资产减值损失 | -1,561.61 | 存货跌价损失、合同资产 | | | | 减值损失 | | 合 ...

Group 1 - The median return of active quantitative funds for the week of October 20-24, 2025, was 3.25%, while the Shanghai-Shenzhen 300 Index returned 3.24% and the Wind All A Index returned 3.47% [3][8] - For the year, the median return of active quantitative funds was 27.54%, compared to 18.44% for the Shanghai-Shenzhen 300 Index and 25.86% for the Wind All A Index [3][8] - The top-performing active quantitative funds this week had returns between 9% and 18%, primarily concentrated in the electronics sector, while the underperforming funds had returns between -1% and -3%, mainly focused on the food and beverage sector [3][4][8] Group 2 - The "Super Expectation Stock Selection Strategy" constructs a stock pool based on net profit exceeding expectations and analyst expectations, using the Wind All A Index as the base stock pool [5][14] - This week, the selected strategy yielded a return of 5.48%, outperforming the benchmark index (Wind All A Index) by 2.01% [5][16] - For the year, the selected strategy achieved a return of 46.03%, significantly higher than the benchmark index's return of 25.86%, resulting in an excess return of 20.17% [5][20] Group 3 - The top 30 selected stocks for October 2025 are concentrated in the electronics sector, with the highest return stock being Andar Intelligent (688125.SH) at 18.64%, categorized under mechanical equipment and automation equipment [6][21] - The report highlights that the active quantitative funds with higher returns are predominantly invested in the electronics sector [6][26] - The report emphasizes the importance of analyzing unexpected earnings and their impact on stock price movements, indicating a significant drift pattern following earnings announcements [14][15]

Group 1 - Songyan Power recently completed nearly 300 million yuan in Pre-B round financing, led by Fangguo Capital, with participation from various institutions including Xiangfeng Investment and CCTV Media Fund [1] - The humanoid robot sector saw significant stock price increases from October 20 to October 24, with Dayang Electric rising by 29.09%, and several other companies like Jinfeng Technology and Zhuhai Guanyu also experiencing over 20% gains [1][2] Group 2 - Songyan Power's N2 robot won second place in the world's first humanoid robot half marathon held in Beijing in April, leading to accelerated commercialization and over 2,500 orders for the N2 robot [4] - On October 22, Songyan Power launched its first small humanoid robot, "Bumi Xiaobumi," priced under 10,000 yuan, which received over 300 online orders within a day of its launch [4] - The company is preparing for future product deliveries by establishing a sizable production line in the Yangtze River Delta and focusing on cost reduction through the use of composite materials and in-house development of key components [4] - The founder of Songyan Power anticipates that price reductions in humanoid robots will become a trend, particularly for applications in entertainment and education, which will expand the consumer market and reduce supply chain costs [4][5]

Core Insights - Andar Intelligent (688125.SH) reported a revenue of 343 million yuan for the first half of 2025, representing a year-on-year growth of 9.55% [1][3] - The net profit attributable to shareholders was -58.44 million yuan, with a net profit excluding non-recurring items of -41.32 million yuan [1][3] - The net cash flow from operating activities was -18.86 million yuan [1][3] Financial Performance Summary - **2025 First Half Results**: - Revenue: 343 million yuan, up 9.55% from 313 million yuan in the same period last year [3] - Total profit: -78.25 million yuan, compared to -23.10 million yuan last year [3] - Net profit attributable to shareholders: -58.44 million yuan, down from -12.74 million yuan [3] - Net profit excluding non-recurring items: -41.32 million yuan, down from -16.75 million yuan [3] - Net cash flow from operating activities: -18.86 million yuan, improved from -65.09 million yuan [3] - **2024 Annual Results**: - Revenue: 711 million yuan, a 50.53% increase from 472 million yuan in 2023 [4] - Net profit attributable to shareholders: -3.07 million yuan, a decline of 205.41% from 2.92 million yuan [4] - Net profit excluding non-recurring items: -3.46 million yuan, down 361.65% from 1.32 million yuan [4] - Net cash flow from operating activities: -21.72 million yuan, a decrease of 453.53% from 6.14 million yuan [4] IPO and Fundraising Information - Andar Intelligent raised a total of 1.22 billion yuan through its IPO, with a net amount of 1.12 billion yuan after expenses [5][6] - The final net fundraising amount was 50.64 million yuan less than originally planned [5] - The company issued 20,202,020 shares during its IPO, with China International Capital Corporation as the lead underwriter [5][6]

Group 1 - On October 9, Andar Intelligent experienced a decline of 2.40% with a trading volume of 69.74 million yuan [1] - The financing data for Andar Intelligent on the same day showed a financing purchase amount of 13.63 million yuan and a net financing purchase of 3.42 million yuan, with a total financing and securities balance of 94.34 million yuan [1] - The financing balance of Andar Intelligent accounted for 7.99% of its circulating market value, indicating a high level compared to the past year [1] Group 2 - As of June 30, the number of shareholders for Andar Intelligent increased by 13.98% to 4,289, while the average circulating shares per person decreased by 9.57% to 5,245 shares [2] - For the first half of 2025, Andar Intelligent reported a revenue of 343 million yuan, representing a year-on-year growth of 9.55%, but the net profit attributable to the parent company was -58.44 million yuan, a decrease of 358.89% year-on-year [2] Group 3 - Since its A-share listing, Andar Intelligent has distributed a total of 133 million yuan in dividends, with 52.63 million yuan distributed over the past three years [3] - As of June 30, 2025, the top ten circulating shareholders of Andar Intelligent saw the exit of Bosera Balanced Optimal Mixed A (016978) from the list [3]