Core Viewpoint - The company is enhancing its tire mold business by expanding its international production bases, focusing on high quality, efficiency, and ease of maintenance, leading to continuous revenue and profit growth [1] Group 1: Business Development - The tire mold business is aligning with the internationalization of the tire industry, indicating a strategic move to capture global market opportunities [1] - The company is committed to increasing research and development related to tire carbon footprint, which reflects a focus on sustainability in response to industry trends [1] Group 2: Financial Performance - Revenue and profit from the tire mold business are consistently increasing, showcasing the company's strong market position and operational effectiveness [1] - The customer base is global, indicating a diversified market presence that supports revenue stability and growth [1]

Core Viewpoint - Soft Control Co., Ltd. has experienced a decline in stock price and significant net outflow of funds, despite a year-to-date increase in stock price. The company operates in the rubber industry, focusing on software and equipment innovation, and has shown mixed financial performance in recent periods [1][2]. Financial Performance - As of September 10, 2025, Soft Control reported a revenue of 3.881 billion yuan for the first half of 2025, representing a year-on-year growth of 20.33%. However, the net profit attributable to shareholders decreased by 23.84% to 146 million yuan [2]. - Cumulative cash dividends since the A-share listing amount to 527 million yuan, with 299 million yuan distributed over the past three years [3]. Stock Market Activity - On September 19, the stock price fell by 2.04% to 8.64 yuan per share, with a trading volume of 196 million yuan and a turnover rate of 2.27%. The total market capitalization stands at 8.808 billion yuan [1]. - The stock has increased by 6.54% year-to-date, but has seen a decline of 2.37% over the last five trading days and a slight decrease of 0.92% over the last 20 days [1]. Shareholder Information - As of September 10, the number of shareholders increased by 15.27% to 76,700, while the average circulating shares per person decreased by 13.25% to 12,924 shares [2]. - As of June 30, 2025, Hong Kong Central Clearing Limited is the third-largest circulating shareholder, holding 24.2838 million shares, an increase of 2.5111 million shares from the previous period [3]. Business Overview - Soft Control, established on December 31, 2000, and listed on October 18, 2006, is headquartered in Qingdao, Shandong Province. The company specializes in the development and innovation of software and information equipment for the rubber industry, providing integrated intelligent solutions for tire manufacturers [1]. - The main revenue sources are rubber equipment systems (64.52%) and rubber new materials (34.82%), with other sources contributing 0.66% [1].

Group 1 - The core point of the article is that Ruankong Co., Ltd. (002073) has confirmed its subsidiary, Ruankong Technology, as a supplier of equipment to Yiwei Lithium Energy (300014) and has successfully won multiple bids for its production line equipment needs [1] Group 2 - Ruankong Technology is positioned as a key player in the supply chain for Yiwei Lithium Energy, indicating a strong business relationship between the two companies [1] - The repeated success in winning bids suggests a competitive advantage for Ruankong Technology in the equipment supply market [1] - This partnership may enhance Ruankong's revenue potential and market presence in the lithium energy sector [1]

Group 1 - The continuity of customer orders depends on short-term and long-term investment plans [1] - The orders from Sailun Co., Ltd. can be monitored through the company's annual review of daily transaction forecasts in December [1] - The increase in inventory is related to the growth of lithium battery equipment [1] Group 2 - The company's subsidiary, Soft Control Technology, has developed equipment for the front-end processes required for solid-state batteries [1] - This equipment can meet customer demands for future expansion in solid-state battery production lines [1]

Core Viewpoint - The continuity of customer orders for Soft Control Co., Ltd. is influenced by both short-term and long-term investment plans, with a specific focus on the annual review of routine transactions in December by Sailun Co., Ltd. [1] Group 1 - The increase in inventory is related to the growth in lithium battery equipment [1] - The company's subsidiary, Soft Control Technology, has developed equipment for the upstream processes required for solid-state batteries, which can meet customer demands for future expansion in solid-state battery production lines [1]

（文章来源：每日经济新闻） 软控股份（002073.SZ）9月9日在投资者互动平台表示，原理相同，但锂电干法成膜辊压属于多辊连续 辊压，辊压精度要求更高。目前公司的辊压设备持续迭代，不断提升产品精度和均匀度。 每经AI快讯，有投资者在投资者互动平台提问：贵司用于橡胶加工的辊压设备在固态电池电解质膜的 制造中技术上是否有相同之处？贵司目前的辊压设备在精度、均匀度等方面在同行中处于何种地位？ ...

Core Viewpoint - The company is experiencing significant revenue generation from its rubber equipment systems, which are closely related to its controlling shareholder's other company, Sailun Tire. The continuity of this revenue stream is linked to the investment planning of clients [1]. Group 1: Revenue and Business Continuity - The company's mid-year report indicates that nearly all revenue is derived from rubber equipment systems, raising questions about the sustainability of this business segment [1]. - The continuity of customer orders is contingent upon both short-term and long-term investment plans, with a specific focus on orders from Sailun Tire, which are reviewed annually in December [1]. Group 2: Inventory and Future Outlook - The company reported an increase in inventory by nearly 100 million, which is associated with the growth in lithium battery equipment [1]. - The company's subsidiary, Soft Control Technology, has developed equipment for the preliminary processes required for solid-state battery production, indicating readiness to meet future expansion demands in this sector over the next 3 to 5 years [1].

Group 1: Company Overview and Business Focus - Soft Control Co., Ltd. focuses on the automation of material handling systems for lithium battery production, providing comprehensive solutions from design to installation [2][3] - The company has developed a complete industrial layout supporting "smart equipment - material handling systems - intelligent software - smart production lines" [2][3] Group 2: Product Offerings - Key products include customized automated material handling systems and equipment, covering various processes such as feeding, mixing, and storage [3] - The product range has expanded to include core equipment for lithium battery production, such as coating machines and rolling machines, covering the entire production process [3][4] Group 3: Competitive Advantages - The company has established itself as a major supplier in the lithium battery sector, recognized by leading clients like CATL and EVE Energy [3][5] - Continuous R&D investment has led to the development of proprietary technologies, ensuring a competitive edge in the market [3] Group 4: Customer Base and Market Strategy - Major clients include CATL, EVE Energy, and others, with a focus on diversifying the customer base to reduce dependency on a single client [5] - The company aims to achieve significant revenue from new clients by 2024, leading to a decrease in the concentration of revenue from the top five clients [5] Group 5: Financial Performance and Profitability - The gross margin for lithium battery business has been declining due to increased competition and pricing pressures in the industry [5] - To maintain competitiveness, the company has adopted competitive pricing strategies, which have impacted profit margins from 2022 to 2024 [5]

Market Overview - The Shanghai Composite Index rose by 0.38% on September 8, with 26 out of the 28 sectors experiencing gains, led by the basic chemical and agriculture sectors, which increased by 2.85% and 2.68% respectively [2] - The machinery equipment sector ranked third in terms of gains, with an increase of 2.40% [2] Fund Flow Analysis - The main funds in the two markets experienced a net outflow of 40.67 billion yuan, with seven sectors seeing net inflows [2] - The machinery equipment sector had the highest net inflow of funds, totaling 1.286 billion yuan, followed by the transportation sector with a net inflow of 877 million yuan [2] - In contrast, 24 sectors faced net outflows, with the electronics sector leading with a net outflow of 9.026 billion yuan, followed by the power equipment sector with 7.437 billion yuan [2] Machinery Equipment Sector Performance - The machinery equipment sector saw a total of 530 stocks, with 436 stocks rising and 86 stocks declining [3] - Among the stocks, 18 reached their daily limit up, while 224 stocks experienced net inflows, with 13 stocks having inflows exceeding 100 million yuan [3] - The top three stocks with the highest net inflows were Soft Control Co., Ltd. (3.96 billion yuan), Robot Technology (3.91 billion yuan), and Huichuan Technology (3.65 billion yuan) [3] Top Gainers in Machinery Equipment Sector - The top gainers in the machinery equipment sector included: - Soft Control Co., Ltd. with a net inflow of 396.24 million yuan - Robot Technology with a net inflow of 391.32 million yuan - Huichuan Technology with a net inflow of 365.30 million yuan [4] Top Losers in Machinery Equipment Sector - The stocks with the highest net outflows included: - Yingweike with a net outflow of 385.80 million yuan - Qin Chuan Machine Tool with a net outflow of 256.98 million yuan - Huagong Technology with a net outflow of 232.69 million yuan [5]

Group 1: Real Estate Market Insights - The recent policy adjustments in Shenzhen's real estate market have led to increased activity, with more viewings and faster signing of contracts reported by agents [1] - Major real estate stocks in both A-shares and Hong Kong have seen significant gains, with stocks like A-share Shanshi Development and Hong Kong's Country Garden rising over 10% [1] - The new policies in Shenzhen are seen as a combination of market optimization and urban governance, highlighting the forward-looking and efficient nature of the regulations [1] Group 2: Market Performance and Future Outlook - Following the new policies in Beijing and Shanghai, Shenzhen's adjustments are expected to stimulate demand for multiple property purchases in surrounding areas, with Shenzhen's regulations being more lenient compared to Beijing and Shanghai [1] - The average daily transaction volume for new and second-hand homes in Beijing increased by 9% and 10% respectively after the new policies were implemented, while Shanghai saw a 25% increase in new home transactions [1] - The overall improvement in real estate sales is contingent on the successful implementation of policies related to inventory housing and urban village renovations, which are expected to enhance supply-demand dynamics [2] Group 3: Solid-State Battery Sector - The solid-state battery sector has shown active market performance, with several companies like Delong Laser and Huasheng Lithium Battery seeing stock prices rise significantly [2] - The rapid growth in orders for solid-state battery equipment since June indicates a significant acceleration in the industrialization process of solid-state batteries, presenting investment opportunities across the supply chain [2] - Equipment manufacturers are expected to be the primary beneficiaries of the capital expenditures in the solid-state battery industry, as they are positioned at the upstream of the supply chain [2]