Group 1 - The core viewpoint of the article highlights the movements of social security funds in the stock market, particularly their investments in 18 stocks on the Sci-Tech Innovation Board, with a total holding of 61.6075 million shares valued at 3.172 billion yuan [1][2] - In the second quarter, social security funds entered 5 new stocks, increased holdings in 6 stocks, and reduced holdings in 4 stocks, while 3 stocks remained unchanged in their holdings [1][2] - The stocks with the highest holdings by social security funds include Daotong Technology with 9.2709 million shares, followed by Nanwei Medical and Kaili New Materials with 9.1785 million and 6.3642 million shares respectively [1][2] Group 2 - Among the stocks held by social security funds, 15 companies reported year-on-year net profit growth in the first half of the year, with Rongzhi Rixin showing the highest increase of 2063.42% [2] - The sectors where social security funds are concentrated include pharmaceuticals and biotechnology, electronics, and computers, with 5, 5, and 3 stocks respectively [2] - The average increase in the stock prices of the Sci-Tech Innovation Board stocks held by social security funds since July is 22.09%, with Ding Tong Technology leading at a cumulative increase of 66.39% [2]

折溢价情况来看，今日出现大宗交易的科创板股中，均为折价成交，大宗交易成交价格相对收盘价折价 率居前的有艾力斯、高凌信息、博瑞医药等，折价率分别为20.29%、12.30%、9.09%。 统计显示，成交金额最多的是长盈通，今日大宗交易成交量为122.00万股，成交金额6034.12万元；其次 是灿芯股份、孚能科技，今日大宗交易金额分别为1901.18万元、848.21万元。 股价表现方面，今日科创50指数上涨3.23%，科创板股中，今日上涨的有359只，占61.16%，今日发生 大宗交易的科创板股平均上涨1.44%，其中，涨幅居前的为灿芯股份、道通科技、长盈通等，涨幅分别 为7.59%、1.86%、0.71%。 8只科创板股大宗交易平台今日发生交易，合计成交1.04亿元。 资金流向方面，今日发生大宗交易的科创板股中，有4股获主力资金净流入，净流入资金居前的有灿芯 股份、道通科技、博瑞医药等，净流入资金为2907.90万元、1782.26万元、544.02万元，净流出资金居 前的有孚能科技、艾力斯、爱威科技等，净流出资金为2491.72万元、2187.94万元、379.60万元。（数 据宝） 证券时报·数据宝统计 ...

机构评级来看，近5日共有4家机构给予该股评级，预计目标价最高的是中金公司证券，8月18日中金公 司证券发布的研报预计公司目标价为53.00元。（数据宝） 8月20日道通科技大宗交易一览 | 成交量 | 成交金额 | 成交价格 | 相对当日收盘折 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | | （万股） | （万元） | （元） | 溢价（%） | | | | 5.50 | 212.03 | 38.55 | -1.00 | 方正证券股份有 | 华福证券有限责任公司深圳深 | | | | | | 限公司总部 | 南中路证券营业部 | 注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 道通科技8月20日大宗交易平台出现一笔成交，成交量5.50万股，成交金额212.03万元，大宗交易成交价 为38.55元，相对今日收盘价折价1.00%。该笔交易的买方营业部为方正证券股份有限公司总部，卖方营 业部为华福证券有限责任公司深圳深南中路证券营业部。 进一步统计，近3个月内该股累计发生2笔大宗交易，合计成交金额为426.71万元。 证券时报·数据宝 ...

Investment Rating - The report maintains a "Recommended" rating for the company, indicating a positive outlook for its stock performance in the coming year [6]. Core Insights - The company reported a revenue of 2.345 billion yuan for the first half of 2025, representing a year-on-year growth of 27.35%. The net profit attributable to shareholders was 480 million yuan, up 24.29%, while the net profit after deducting non-recurring items surged by 64.12% to 475 million yuan [1]. - Multiple business segments are showing strong growth, with the automotive diagnostic business generating 694 million yuan (up 14.14%), ADAS products at 207 million yuan (up 17.22%), and TPMS products at 516 million yuan (up 56.83%). The energy intelligence hub (new energy charging) business achieved 524 million yuan (up 40.47%), and AI and software business reached 281 million yuan (up 30.13%) [2]. - The overseas charging station market is expanding, supported by initiatives in Europe and North America. The company has secured contracts for 50,000 commercial AC charging stations in North America, amounting to 238 million yuan [3]. - The company is implementing a strategy focused on embodied intelligence, enhancing its capabilities in autonomous operations and collaborative robotics [3]. Financial Projections - Revenue projections for 2025-2027 are 4.81 billion, 5.99 billion, and 7.50 billion yuan, with year-on-year growth rates of 22.4%, 24.4%, and 25.3% respectively. Net profit attributable to shareholders is expected to reach 940 million, 1.165 billion, and 1.463 billion yuan, with growth rates of 46.7%, 24.0%, and 25.5% [4][5]. - The current stock price corresponds to price-to-earnings ratios of 28, 22, and 18 for the years 2025-2027, reflecting a favorable valuation given the company's growth trajectory [4].

8月20日，道通科技大宗交易成交5.5万股，成交额212.03万元，占当日总成交额的0.33%，成交价38.55元，较市场收盘价38.94元折价1%。 | 2025-08-20 | 道通科技 | 688208 | 38.55 | 212.03 | 5.5 | 方正证券股份有限 公司总部 | 华福证券有限责任 公司深圳深南中路 bear Md chake 11 . A pe | | --- | --- | --- | --- | --- | --- | --- | --- | | 交易日期 | 证券简称 | 证券代码 | 成交价(元) 成交金额(万元) 成交量( * ) 买入营业部 | | | | 卖出营业部 | ...

重庆啤酒最受券商关注，近一个月获中邮证券、华源证券、信达证券、国信证券、海通国际、民生证 券、太平洋、开源证券等11份券商研报关注，位居8月20日券商力推股榜首。 8月20日又有中国银河发布研报《2025年中报业绩点评：销量表现优于行业，税率变化扰动利润率》， 预计2025~2027年收入分别为148/153/158亿元，分别同比+1%/3%/3%，归母净利润分别为12/13/13亿 元，分别同比+8%/5%/5%，PE分别为22/21/20X。考虑25Q2低基数叠加旺季催化，维持"谨慎推荐"评 级。 石头科技也备受券商关注，近一个月获太平洋、天风证券、国信证券、国金证券、华安证券、开源证 券、海通国际、中国银河等10份券商研报关注，位居8月20日券商力推榜第二。 8月20日又有山西证券发布研报《收入高增，盈利能力有望提升》，认为扫地机行业景气度较高，看好 公司未来持续的业绩增长，首次覆盖，给与"买入-A"评级。 券商评级是指证券公司的分析师，通过分析上市公司的财务潜力、财务指标、公司运营治理能力，然后 进行实地考察调研后得出的评论，备受投资者关注。 据证券之星数据库不完全统计，8月20日券商共给予超60家A ...

中国银河8月19日发布研报称，给予道通科技（688208.SH，最新价：38.89元）推荐评级。评级理由主 要包括：1）上半年业绩超预期，AI赋能驱动各项业务高增长；2）关税背景下毛利率显韧性，期间费 用率大幅下降；3）道和通泰机器人与科技巨头生态伙伴全面深入合作，前景可期。风险提示：海外需 求不及预期的风险，市场竞争加剧的风险，贸易政策不确定的风险。 （文章来源：每日经济新闻） ...

道通科技8月17日的电话会议中，孙潇雅亦现身。道通科技称，公司持续夯实"空地一体集群智慧解决方 案"能力，驱动由空中机器人、地面多形态机器人等组成的空地智能体，实现集群协同、自主作业。 （文章来源：证券时报网） 蔚蓝锂芯最新公布的投资者关系活动记录表显示，天风证券孙潇雅等合计逾200人参与公司的电话会 议。公司方面介绍，像BBU（备份电池单元）、机器人、机器狗、eVOTL（电动垂直起降飞行器）这 些新动能，在未来几年会慢慢体现出来，公司会持续积极布局。 此前，丰立智能8月5日的线上交流中，也出现孙潇雅的身影。机器人的领域方面，丰立智能开发用于机 器人的产品有谐波减速器、行星减速器、小微减速器、小伞齿、小圆柱齿、行星轴、灵巧手模组等。 ...

Market Review - The AI and robotics sectors continued their upward trend, achieving a "three consecutive days" increase, with the Huaxia AI ETF (589010) closing up 0.98% and reaching a peak intraday increase of 2.62% [1] - Key holdings included Chipone Technology leading with a 13.39% increase, followed by CloudWalk Technology at 4.79%, and both Daotong Technology and Yuntian Lifeng rising over 3% [1] - The Robotics ETF (562500) closed up 0.71%, experiencing significant volatility with an intraday peak fluctuation of 3.67% [1] - Notable performers included Hechuan Technology leading with a 14.50% increase, followed by Fengli Intelligent at 13.30%, Huachen Equipment at 11.11%, and Xiasha Precision hitting a 10% limit-up [1] - Total trading volume reached 2.022 billion yuan, indicating robust market activity and sustained liquidity [1] - The latest scale of the Robotics ETF reached 17.35 billion yuan, setting a new record and significantly surpassing comparable funds [1] Hot News - DeepSeek announced the upgrade of its online model to version 3.1, featuring a longer context window and readiness for testing [2] - Yuzhu Technology teased a new humanoid robot with a height of 1.8 meters and 31 degrees of freedom, suggesting agility and elegance [2] - Shanghai's implementation plan for accelerating "AI + manufacturing" aims to promote intelligent applications in 3,000 manufacturing enterprises over three years, establish 10 industry benchmark models, and develop around 10 "AI + manufacturing" demonstration factories [2] Institutional Views - Guojin Securities expressed optimism regarding the domestic advantages in the integration of AI with software and hardware, particularly in consumer and overseas markets, as evidenced by the preliminary validation from Meitu and Kuaishou's ARR [3] - The firm also anticipates positive growth in the second half of the year, with expected increases in revenue contributions from AI applications in enterprise service software and manufacturing information systems [3] Popular ETFs - The Robotics ETF (562500) is noted as the only fund exceeding 10 billion yuan in scale, offering the best liquidity and comprehensive coverage of the Chinese robotics industry [4] - The Huaxia AI ETF (589010) is characterized as the "brain" of robotics, with a 20% fluctuation limit and small to mid-cap elasticity, aimed at capturing pivotal moments in the AI industry [4]

道通科技称，公司高端诊断机型搭载远程专家、AI技师助手等AI Agents功能后，用户好评率持续提 高，软件云服务续费转化率显著提升。报告中提到，上半年公司的AI及软件实现营业收入2.81亿元，同 比增长30.13%，毛利率超99%。随着公司AI战略深入推进，AI及软件业务规模有望带来可持续、高质 量增长。 能源智能中枢业务持续突破 中证报中证网讯（王珞）日前，道通科技披露了2025年半年报，公司上半年实现营业收入23.45亿元， 同比增长27.35%；净利润4.80亿元，同比增长24.29%；扣非净利润4.75亿元，同比增长64.12%。 维修智能终端销售量价齐升 报告显示，在维修智能终端业务方面，道通科技上半年实现营收15.40亿元，同比增长22.96%。今年， 公司推出新一代综合诊断终端Ultra S2及新一代ADAS标定主架IA1000，搭载AI多模态语音大模型等AI Agents功能，Ultra S2上市首月即达到前代产品六个月的销量水平。 据介绍，报告期内，道通科技发布了数智能源充电大模型，并成功推出自研液冷充电模块。公司以AI Agents为核心，持续推动充电产品Agents化、智能化，并逐步向 ...