Market Performance - The specialized equipment sector increased by 1.42% on August 4, with Tianqi Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3583.31, up 0.66%, while the Shenzhen Component Index closed at 11041.56, up 0.46% [1] Top Gainers - Tianqi Co., Ltd. (002009) closed at 17.42, up 9.97% with a trading volume of 452,600 shares and a transaction value of 760 million [1] - Jinying Co., Ltd. (600232) also rose by 9.97% to close at 6.95, with a trading volume of 563,500 shares [1] - Other notable gainers include Kaige Precision Machinery (301338) up 9.34% and Zhongjian Technology (002779) up 7.83% [1] Top Losers - Zhonghua Equipment (600579) saw a decline of 9.18%, closing at 9.10 with a trading volume of 572,500 shares [2] - Shandong Molong (002490) decreased by 4.44% to close at 5.81, with a trading volume of 699,900 shares [2] - Other significant losers include Cixing Co., Ltd. (300307) down 4.04% and Standard Co. (600302) down 4.02% [2] Capital Flow - The specialized equipment sector experienced a net outflow of 10.72 million from institutional investors, while retail investors saw a net inflow of 37.8 million [2] - The overall capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors are more active [2] Individual Stock Capital Flow - Tianqi Co., Ltd. had a net inflow of 17.7 million from institutional investors, but saw outflows from both retail and speculative investors [3] - Zhongjian Technology experienced a net inflow of 13.2 million from institutional investors, with significant outflows from retail investors [3] - Other stocks like Gaolan Co., Ltd. (300499) and Julu Intelligent (002031) also showed varying capital flows, indicating diverse investor behavior across the sector [3]

8月4日，人形机器人概念上涨2.73%，今日主力资金流入18.45亿元，概念股97只上涨，1只下跌。 序号代码名称最新价涨跌幅主力净流入主力净占比1603667五洲新春37.2910.03.43亿元24.82%2600967内 蒙一机21.67.462.59亿元8.73%3300007汉威科技46.898.172.49亿元11.31%4002625光启技术41.623.281.88 亿元11.55%5002009天奇股份17.429.971.77亿元23.35%6002276万马股份15.154.121.74亿元 12.76%7600580卧龙电驱23.33.651.54亿元7.31%8002779中坚科技91.957.831.32亿元14.42%9603119浙江 荣泰60.0610.09266.65万元7.41%10300748金力永磁27.011.168857.54万元11.92% 本文源自：金融界 作者：智投君 主力资金净流入居前的分别为五洲新春（3.43亿元）、内蒙一机（2.59亿元）、汉威科技（2.49亿 元）、光启技术（1.88亿元）、天奇股份（1.77亿元）。 ...

Group 1 - The core viewpoint of the news highlights the recent performance and financial metrics of Tianqi Co., Ltd., indicating a significant increase in net profit despite a decrease in total revenue [1] - As of August 4, 2025, Tianqi Co., Ltd. reported a closing price of 17.42 yuan, with a 9.97% increase and a trading volume of 452,600 hands, amounting to 760 million yuan in transaction value [1] - The company experienced a net inflow of 177 million yuan from main funds, representing 23.55% of the transaction amount, with large orders contributing significantly to this inflow [1] Group 2 - For the first quarter of 2025, Tianqi Co., Ltd. reported total operating revenue of 622 million yuan, a year-on-year decrease of 4.20%, while net profit attributable to shareholders reached 42.30 million yuan, a remarkable increase of 1701.43% [1] - The company’s non-recurring net profit was 11.46 million yuan, showing a year-on-year growth of 1916.61%, indicating strong operational efficiency [1] - Tianqi Co., Ltd. has a current ratio of 1.039, a quick ratio of 0.860, and a debt-to-asset ratio of 65.36%, reflecting its financial health and liquidity position [1] Group 3 - Tianqi Co., Ltd. was established in 1997 and is based in Wuxi City, primarily engaged in the comprehensive utilization of waste resources [2] - The company has made investments in 41 enterprises and participated in 280 bidding projects, showcasing its active role in the industry [2] - Tianqi Co., Ltd. holds 92 trademark registrations and 1700 patent registrations, along with 99 administrative licenses, indicating a strong intellectual property portfolio [2]

Performance Forecast - The company expects a net profit of 50 million to 60 million RMB for the current reporting period, a significant increase of 163.68% to 176.42% compared to a net loss of 78.51 million RMB in the same period last year [1] - The expected net profit after deducting non-recurring gains and losses is projected to be 12 million to 16 million RMB, reflecting an increase of 114.76% to 119.68% from a net loss of 81.31 million RMB in the previous year [1] - Basic earnings per share are anticipated to be between 0.12 RMB and 0.15 RMB, compared to a loss of 0.20 RMB per share in the prior year [1] Revenue Drivers - The company's revenue and net profit have improved year-on-year due to a dual business drive, with significant contributions from overseas markets [1] - Key overseas projects, including those with BYD in Indonesia, BMW in Mexico, and Volvo in Slovakia, have accelerated during the reporting period [1] - Domestic market orders and business scale remain stable, with ongoing projects for NIO, Geely, and Volkswagen being delivered or fulfilled in the first half of the year [1] Operational Challenges - The company faces challenges in its lithium battery recycling business, with low capacity utilization leading to increased fixed costs per unit [2] - Despite ongoing losses in gross profit, the company benefited from a temporary rise in cobalt prices due to export bans from the Democratic Republic of Congo, resulting in a partial narrowing of gross profit losses compared to the previous year [2] - The company maintains a large R&D team and continues to invest in developing robotic solutions for industrial applications [2]

[Tianqi Shares 2025 H1 Earnings Forecast](index=1&type=section&id=%E5%A4%A9%E5%A5%87%E8%87%AA%E5%8A%A8%E5%8C%96%E5%B7%A5%E7%A8%8B%E8%82%A1%E4%BB%BD%E6%9C%89%E9%99%90%E5%85%AC%E5%8F%B82025%E5%B9%B4%E5%8D%8A%E5%B9%B4%E5%BA%A6%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A) [Performance Forecast Overview](index=1&type=section&id=%E4%B8%80%E3%80%81%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E8%AE%A1%E6%83%85%E5%86%B5) The company expects a significant turnaround to profitability in H1 2025, with net profit up over 160% Performance Forecast | Item | Current Period (Forecast) | Prior Year Period | | :--- | :--- | :--- | | **Net Profit Attributable to Shareholders** | Profit: RMB 50.00 million – 60.00 million | Loss: RMB -78.51 million | | YoY Change | Increase: 163.68% - 176.42% | - | | **Net Profit After Non-recurring Items** | Profit: RMB 12.00 million - 16.00 million | Loss: RMB -81.31 million | | YoY Change | Increase: 114.76% - 119.68% | - | | **Basic Earnings Per Share** | Profit: RMB 0.12/share - 0.15/share | Loss: RMB -0.20/share | [Analysis of Performance Change Reasons](index=1&type=section&id=%E4%B8%89%E3%80%81%E4%B8%9A%E7%BB%A9%E5%8F%98%E5%8A%A8%E5%8E%9F%E5%9B%A0%E8%AF%B4%E6%98%8E) The turnaround is driven by strong intelligent equipment business growth, offsetting lithium battery recycling losses [Intelligent Equipment Business](index=1&type=section&id=3.1%20%E6%99%BA%E8%83%BD%E8%A3%85%E5%A4%87%E4%B8%9A%E5%8A%A1) This segment was the main growth engine, fueled by intensive project execution in domestic and overseas markets - Overseas market revenue contribution increased significantly, driven by accelerated project execution for **BYD Indonesia, BMW Mexico, and Volvo Slovakia**[5](index=5&type=chunk) - The domestic market business scale remained stable, with continued execution or delivery of projects for **NIO, Geely, and Volkswagen** in H1[5](index=5&type=chunk) [Lithium Battery Recycling Business](index=1&type=section&id=3.2%20%E9%94%82%E7%94%B5%E6%B1%A0%E5%BE%AA%E7%8E%AF%E4%B8%9A%E5%8A%A1) The business remained unprofitable due to industry downturn, though losses narrowed due to a rebound in cobalt prices - The lithium battery recycling industry remains in a downturn, facing dual pressures from **structural raw material shortages** and **low metal price volatility**[5](index=5&type=chunk) - **Low capacity utilization** led to high fixed cost allocation for equipment depreciation, resulting in persistent gross margin losses[5](index=5&type=chunk)[6](index=6&type=chunk) - Gross margin loss narrowed year-over-year, benefiting from a price rebound driven by the **cobalt export ban in the Democratic Republic of Congo**[6](index=6&type=chunk) [Changes in R&D Expenses](index=2&type=section&id=3.3%20%E7%A0%94%E5%8F%91%E8%B4%B9%E7%94%A8%E5%8F%98%E5%8A%A8) R&D expenses increased year-over-year due to strategic investments in the robotics business during the second quarter - The year-over-year increase in R&D expenses was mainly due to **increased investment in the robotics business in Q2**[6](index=6&type=chunk) - Specific investments included expanding the R&D team and developing application solutions for robots in industrial scenarios[6](index=6&type=chunk) [Other Explanations and Risk Warnings](index=1&type=section&id=%E5%9B%9B%E3%80%81%E5%85%B6%E4%BB%96%E7%9B%B8%E5%85%B3%E8%AF%B4%E6%98%8E) The forecast is a preliminary estimate and may differ from the final audited H1 2025 report - This earnings forecast has **not been pre-audited** by an accounting firm[4](index=4&type=chunk) - The forecast is a preliminary calculation by the finance department; final data may differ from the official H1 2025 report[7](index=7&type=chunk)

Group 1 - The company Tianqi Co., Ltd. (002009) announced an expected net profit of 50 million to 60 million yuan for the first half of 2025, representing a year-on-year increase of 163.68% to 176.42% [1]

Overview - The recycling of waste batteries is essential for reducing environmental pollution and achieving resource sustainability, with a focus on recovering valuable metals like lithium, cobalt, and nickel [1][11] - In 2024, China's waste battery (excluding lead-acid) recycling volume is projected to reach 750,000 tons, a year-on-year increase of 22.95%, with a recycling value of 17.25 billion yuan, up 17.83% [1][11] Market Policies - A series of policies have been implemented in China to support the development of the waste battery recycling industry, including guidelines for enhancing recycling systems and promoting green manufacturing [4][6] - Key policies include the "2030 Carbon Peak Action Plan" and various initiatives aimed at improving recycling networks and encouraging the integration of advanced technologies in recycling processes [4][6] Industry Chain - The waste battery recycling industry consists of three main segments: upstream (battery sources and collection channels), midstream (recycling and dismantling), and downstream (production of recycled products) [7] - The increasing number of retired batteries from electric vehicles and energy storage systems is a significant source of waste batteries, providing ample raw materials for the recycling industry [7] Current Development - The rapid growth of the electric vehicle and consumer electronics markets has led to an increase in waste battery generation, highlighting the economic and environmental benefits of recycling [11] - The waste lithium-ion battery sector is particularly significant, with the production of lithium-ion batteries in China expected to reach 29.46 billion units in 2024, a 20.1% increase year-on-year [9] Competitive Landscape - The waste battery recycling industry in China is characterized by a tripartite structure involving battery manufacturers, material companies, and third-party recycling firms [13][15] - Leading companies like BYD and CATL have established closed-loop systems for battery production and recycling, while material companies like Huayou Cobalt and Ganfeng Lithium focus on material recovery and processing [13][15] Future Trends - The industry is expected to see stricter regulations and enhanced collaboration between automakers and recycling companies, driven by carbon neutrality goals and ESG considerations [19] - The adoption of intelligent recycling systems utilizing blockchain and AI technologies is anticipated to improve efficiency and reduce costs in the recycling process [19]

Group 1 - The company held its sixth (temporary) meeting of the ninth board of directors on June 27, 2025, with all nine directors present, ensuring compliance with legal and regulatory requirements [1][2] - The board approved a proposal to increase the expected amount of daily operational related transactions with affiliated parties, specifically with Jiangxi Xinqi Recycling Technology Co., Ltd., not exceeding 15 million yuan for the year 2025 [1][2] - The approved related transactions are valid from the date of the board's decision until December 31, 2025 [1]

天奇自动化工程股份有限公司 证券代码：002009 证券简称：天奇股份 公告编号：2025-043 关于增加公司 2025 年日常经营关联交易预计额度的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 天奇自动化工程股份有限公司（以下简称"天奇股份""公司"）于 2025 年 6 月 27 日 召开第九届董事会第六次（临时）会议，审议通过了《关于增加天奇金泰阁及其子公司 2025 年与江西欣奇循环的日常经营关联交易预计额度的议案》，同意增加江西天奇金泰阁钴业有 限公司（以下简称"天奇金泰阁"）及其子公司 2025 年度与关联方江西欣奇循环科技有限 公司（以下简称"江西欣奇循环"）开展日常经营关联交易预计额度不超过 1,500 万元。现 将具体情况公告如下： 一、日常经营关联交易基本情况 （一）日常经营关联交易概述 因公司锂电池循环业务发展需要，拟增加 2025 年度天奇金泰阁及其子公司与关联方江 西欣奇循环日常经营关联交易预计额度 1,500 万元。上述额度自本次董事会审议通过之日 起至 2025 年 12 月 31 日止。 江西欣奇循环为天奇金泰阁与深圳 ...

证券代码：002009 证券简称：天奇股份 公告编号：2025-042 天奇自动化工程股份有限公司 第九届董事会第六次（临时）会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导 性陈述或重大遗漏。 二、董事会会议审议情况 1、审议通过《关于增加天奇金泰阁及其子公司 2025 年与江西欣奇循环的日常经营关 联交易预计额度的议案》,9 票赞成，0 票反对，0 票弃权。 同意增加江西天奇金泰阁钴业有限公司及其子公司 2025 年度与关联方江西欣奇循环科 技有限公司开展日常经营关联交易，预计额度不超过 1,500 万元，有效期自本次董事会审议 通过之日起至 2025 年 12 月 31 日止。 本议案已经公司独立董事专门会议事前审核全票通过。 根据《深圳证券交易所股票上市规则》《公司章程》等相关规定，本议案在董事会权限 范围内，无需提交公司股东大会审议。 （ 具 体 内 容 详 见 公 司 于 《 证 券 时 报 》 《 上 海 证 券 报 》 及 巨 潮 资 讯 网 http://www.cninfo.com.cn 披露的《关于增加公司 2025 年日常经营关联交易预计额度的 ...