Core Viewpoint - The company is a high-quality supplier of automotive forged components, with a strong focus on forging and machining processes, and is expanding its product lines into robotics and aerospace applications [1][2]. Group 1: Company Overview - Established in 2004, the company has developed seven product lines including hub bearings, high-pressure common rail systems, ball joint rods, steering knuckles, fork components, shafts, and others [1]. - The company has gained wide recognition from international automotive parts groups such as ZF and Schaeffler for its production capacity, product variety, and quality [1]. Group 2: Product Development - In April 2025, the company will establish a subsidiary, Wuhu Sanlian Forging Co., Ltd., focusing on a research institute for robotics and aerospace components, with products including planetary gear reducers, screws, shaft teeth, gears, and transmission teeth [2]. - The company employs hot die forging technology, allowing it to independently complete product design, mold design, and manufacturing, giving it a leading edge in precision forging and mold design [1]. Group 3: Customer Relationships - The company has established deep collaborations with several global top 100 automotive parts groups, including Bosch, ZF, Magna, Schaeffler, BorgWarner, Benteler, NTN, American Axle, Linamar, JTEKT, and NSK [2]. - Notably, Bosch, ZF, and Magna rank among the top five in the 2024 global automotive parts supplier list, highlighting the company's strong market position within the industry [2]. Group 4: Investment Outlook - The company is expected to achieve steady growth in performance, with projected net profits of 170 million, 220 million, and 270 million yuan for 2025-2027, corresponding to growth rates of +15%, +28%, and +23% [2]. - The company is initiating coverage with a "buy" rating, based on its deep expertise in forging and machining, and its expansion into new growth areas in robotics and aerospace [2].

Investment Rating - The investment rating for the company is "Buy" [1] Core Viewpoints - The company is a high-quality supplier of automotive forged parts, actively expanding into the robotics sector [7][5] - The company has established deep collaborations with several global top 100 automotive parts groups, enhancing its market position [5][42] - The company has a strong technical reserve in forging and machining, with a continuous expansion of its product lines [7][31] Summary by Sections Basic Information - The company, established in 2004, focuses on forging and machining processes, offering a diverse range of products including wheel hub bearings, high-pressure common rail systems, ball head rods, steering knuckles, and more [12][18] - The company has a total market capitalization of 47 billion yuan and a circulating market value of 16 billion yuan [1] Growth Logic - The company has a rich product portfolio and high-quality customer base, with a focus on deepening its expertise in forging and machining while expanding into robotics and aerospace [7][31] - The company employs advanced hot die forging technology, allowing it to independently complete product design, mold design, and manufacturing [7][35] Financial Forecast and Investment Suggestions - The company is expected to achieve a net profit of 1.7 billion yuan, 2.2 billion yuan, and 2.7 billion yuan from 2025 to 2027, with corresponding growth rates of +15%, +28%, and +23% [7][45] - The projected revenue for 2025-2027 is 18.8 billion yuan, 23.6 billion yuan, and 28.3 billion yuan, with year-on-year growth rates of +20.1%, +25.6%, and +20.2% [7][45] - The company is expected to maintain a stable gross margin, projected at 20.2%, 20.8%, and 21.1% for the same period [46]

华安证券8月13日发布研报称，给予三联锻造（001282.SZ）买入评级。评级理由主要包括：1）三联锻 造是深耕汽车锻造零部件的优质供应商；2）成长逻辑上，我们认为公司在锻造及机加工技术储备深 厚，产品线持续拓展，同时与多家全球百强零部件集团深度合作，业绩有望稳健增长。风险提示：宏观 经济波动、原材料价格波动、市场竞争风险、新产品研发进度低于预期、客户开拓不及预期、新项目获 取不及预期等。 （文章来源：每日经济新闻） ...

格隆汇8月13日丨三联锻造(001282.SZ)在互动平台表示，公司主要从事汽车锻造零部件的研发、生产和 销售。公司产品主要为定制化的汽车锻造零部件，应用于对零部件机械性能和安全性能要求较高的汽车 动力系统、传动系统、转向系统以及悬挂支撑等系统。暂无产品应用于发电机上。 ...

融资融券数据显示，该股最新（8月12日）两融余额为6675.59万元，其中，融资余额为6675.59万元，本 期筹码集中以来融资余额合计减少910.27万元，降幅为12.00%。 公司发布的一季报数据显示，一季度公司共实现营业收入3.90亿元，同比增长13.98%，实现净利润 2997.95万元，同比增长2.53%，基本每股收益为0.1900元，加权平均净资产收益率1.93%。（数据宝） （文章来源：证券时报网） 三联锻造8月13日披露，截至8月10日公司股东户数为15567户，较上期（7月31日）减少1178户，环比降 幅为7.03%。这已是该公司股东户数连续第2期下降。 证券时报·数据宝统计，截至发稿，三联锻造最新股价为21.14元，上涨0.33%，本期筹码集中以来股价 累计上涨8.91%。具体到各交易日，6次上涨，3次下跌。 ...

三联锻造（001282.SZ）8月13日在投资者互动平台表示，公司主要从事汽车锻造零部件的研发、生产和 销售。公司产品主要为定制化的汽车锻造零部件，应用于对零部件机械性能和安全性能要求较高的汽车 动力系统、传动系统、转向系统以及悬挂支撑等系统。暂无产品应用于发电机上。 （记者 王瀚黎） 每经AI快讯，有投资者在投资者互动平台提问：你好，贵司有生产柴油发电机相关的零部件吗？ ...

Core Viewpoint - The company emphasizes that it does not produce battery products and has not disclosed any plans to sell battery-related products, addressing investor concerns about misleading information regarding its performance in the upcoming quarter [1] Group 1: Company Operations - The company primarily engages in the research, development, production, and sales of customized automotive forging components [1] - Its products are used in automotive systems that require high mechanical and safety performance, including power systems, transmission systems, steering systems, and suspension support systems [1] Group 2: Investor Concerns - An investor raised concerns about the company's claims regarding the shipment of AI servers and high-profit batteries, questioning whether these claims were intended to mislead investors [1] - The company responded to the investor's inquiry, clarifying that it does not manufacture or sell battery products and has not made any misleading statements regarding its business operations [1]

Core Viewpoint - The company is focusing on building its research and development team in the robotics and aerospace components sector through a combination of external hiring and internal training to address technical gaps and foster innovation [1] Group 1: R&D Strategy - The company employs a "combination of internal and external" approach for its R&D team, hiring professionals with specific expertise and advanced technical perspectives to quickly fill technical gaps in robotics and aerospace [1] - Internal training is emphasized, leveraging existing technical personnel's experience in forging and machining through systematic skills training and project experience to enhance their R&D potential [1] Group 2: Industry Challenges - The robotics and aerospace industries face high technical barriers, long R&D cycles, and significant investment requirements, which may lead to risks of underperformance in technological breakthroughs or R&D failures [1] - The new market areas are characterized by intense competition and are significantly influenced by policy regulations and market conditions, leading to uncertainties [1]

禾望电气：上半年净利润2.43亿元 同比增长56.79% 8月7日晚，禾望电气（603063）发布2025年半年度报告，公司上半年实现营业收入18.84亿元，同比增 长36.39%；实现归属于上市公司股东的净利润2.43亿元，同比增长56.79%。 资料显示，禾望电气成立于2007年4月，主营业务是销售风电变流器、光伏逆变器以及风电变流器、光 伏逆变器产品的模块、配件、变频器、电站工程建造服务、提供技术咨询服务和电站运维服务等产品及 服务。 所属行业：电力设备–风电设备–风电零部件 吉电股份：1507.93MW风电项目获核准 8月7日晚，吉电股份（000875）发布公告称，公司收到贵州省能源局的项目核准通知，公司 1507.93MW风电项目获得核准。主要受此影响，2025年公司累计新增核准项目容量1607.93MW，达到 公司上年度总装机容量的10%以上。 资料显示，吉电股份成立于1997年11月，主营业务是火电、水电、新能源的研发、生产和销售。 所属行业：公用事业–电力–电能综合服务 南亚新材：上半年净利润8719.02万元 同比增长57.69% 8月7日晚，南亚新材（688519）发布2025年半年度报告 ...

Core Viewpoint - The company has completed the business registration change for its wholly-owned subsidiary, Wuhu Wanlian New Energy Vehicle Parts Co., Ltd., which now has an updated business scope including automotive parts R&D, manufacturing, and retail, as well as power generation, transmission, and supply services [1] Group 1 - The subsidiary's registered capital is 93 million yuan, and it is classified as a limited liability company [1] - The change in business scope allows Wuhu Wanlian to operate independently in accordance with relevant laws and regulations, expanding its operational capabilities [1]