Core Viewpoint - The company,拓邦股份, has stated that its production does not involve injection molding processes and has not identified any risks related to production equipment bottlenecks [1] Group 1 - The company confirmed that its production processes are not related to injection molding [1] - There are currently no identified risks regarding production equipment bottlenecks [1]

Core Viewpoint - The company,拓邦股份, has stated that its production does not involve injection molding processes and has not identified any risks related to production equipment bottlenecks [1] Group 1 - The company confirmed that its production processes are not related to injection molding [1] - There are currently no identified risks regarding production equipment bottlenecks [1]

格隆汇12月11日丨拓邦股份(002139.SZ)在互动平台表示，公司在机器人配件领域暂未与TSL合作；目前 合作以新能源汽车充电设备为主，已通过第三方供货给TSL。 ...

格隆汇12月11日丨拓邦股份(002139.SZ)在互动平台表示，公司已开始为海外数据中心头部电源客户提 供部件产品，客户终端产品可应用至谷歌数据中心。 ...

格隆汇12月11日丨拓邦股份(002139.SZ)在互动平台表示，公司在机器人配件领域暂未与TSL合作；目前 合作以新能源汽车充电设备为主，已通过第三方供货给TSL。 ...

格隆汇12月11日丨拓邦股份(002139.SZ)在互动平台表示，公司深耕电机技术多年，电机已批量应用于 新能源汽车和机器人行业。车载电机应用主要为激光雷达、智能座舱执行器产品以及热管理系统；目前 与智驾Tier1客户深入绑定，同时拓展多家国内头部车企的业务合作，该部分业务增速较快。其中，热 管理系统电机与激光雷达电机均已累计量产交付过百万台；工业机器人等机器人领域电机已实现成熟量 产。 ...

| 交易日期 | 证券代码 | 证券简称 | 成交价格 | 成交量 | 成交金额 买方营业部 (万元) | 卖方营业部 | | --- | --- | --- | --- | --- | --- | --- | | | | | (元) | (万股/万份) | | | | 2025-12-09 | 002139 | 拓邦股份 | 12.49 | 60.00 | 749.40 中信建投证券股份 | 中信建投证券股份 | | | | | | | 有限公司深圳深南 | 有限公司深圳滨海 | | | | | | | 中路证券营业部 | 大道证券营业部 | 12月9日，拓邦股份大宗交易成交60万股，成交额749.4万元，占当日总成交额的2.6%，成交价12.49元，较市场收盘价13.59 元折价8.09%。 ...

证券日报网讯12月5日，拓邦股份（002139）在互动平台回答投资者提问时表示，炒菜机器人上半年市 场反馈积极，销量及收入快速增长，市场认可度持续提升。 ...

Core Viewpoint - The company,拓邦股份, is currently in the process of expanding into new business areas, which involves multiple stages including market validation, market expansion, scaling up, and stabilizing market share [1] Group 1: New Business Development - The company’s new business revenue is undergoing various stages, with current activities primarily in the market expansion phase [1] - The robot business, particularly the lawn mower segment, is in the early stages of market promotion [1] - The cooking robot has achieved market breakthroughs, showing low base figures but rapid growth [1] Group 2: Energy Storage and Robotics - The energy storage business is focused on brand expansion and market share acquisition [1] - Humanoid robot components, such as dexterous hands and modules, are still in the early product validation phase as part of a long-term strategy [1] - The company's brushless DC motors have achieved mass application in the laser radar field [1] Group 3: Future Strategies - The company plans to increase efforts in market promotion for new businesses and optimize sales channel layouts [1] - There will be a focus on deepening core technology applications in new scenarios to accelerate the scaling of new business and gradually increase its revenue share [1]

Core Viewpoint - The report from Huaxi Securities indicates that Tuobang Co., Ltd. experienced a decline in net profit for the first three quarters, with a year-on-year decrease of 23.86% to 420 million yuan, and a significant drop of 44.69% in Q3 net profit to 90 million yuan. Despite these challenges, the company is expected to ramp up overseas production capacity next year, maintaining a strong fundamental business while gradually expanding into new areas [1]. Financial Performance - Tuobang Co., Ltd. achieved a net profit of 420 million yuan in the first three quarters, reflecting a year-on-year decrease of 23.86% [1] - In Q3, the net profit was 90 million yuan, showing a year-on-year decline of 44.69% [1] Business Development - The company has entered the mass delivery phase for its cooking robots, and the market share for service robot solutions remains stable [1] - In the humanoid robot sector, Tuobang is one of the earliest companies in China to develop and sell self-researched electric motors, offering a range of products including hollow cup motors and complete actuator components [1] - The company is also venturing into the dexterous hand field, using self-developed hollow cup motors to create high-precision and durable robotic "finger joint modules" [1] Market Conditions - The overall revenue growth rate and gross margin of the company have been lower than previous expectations due to tariffs and industry competition [1] - With the anticipated ramp-up of overseas production in the second phase next year, the company’s fundamental business remains strong, and innovative business segments are expected to provide growth momentum [1] Investment Outlook - The profit forecast has been adjusted, but the "buy" rating is maintained due to the strong fundamentals and growth potential from innovative business areas [1]