Core Viewpoint - The company, New Times, announced the receipt of invention patent certificates from the National Intellectual Property Administration for its axial flux motor stator assembly, axial flux motor, and its control method [2] Summary by Categories Patent Announcement - The company and its subsidiaries have recently received invention patent certificates [2] - The patents pertain to an axial flux motor stator assembly, an axial flux motor, and its control method [2]

Core Insights - The company reported a significant increase in revenue and net profit for the third quarter of 2025, indicating strong financial performance [1] Financial Performance - The company achieved operating revenue of 1,009,538,235.50 yuan, representing a year-on-year growth of 34.94% [1] - The net profit attributable to shareholders of the listed company was 2,480,777.22 yuan, showing a substantial year-on-year increase of 110.51% [1]

Core Viewpoint - The company has successfully transitioned its humanoid robot from the experimental phase to practical application, marking a significant milestone in its development [1] Group 1: Product Development - The company launched a humanoid robot at the Industrial Expo, indicating progress in its robotics technology [1] - The humanoid robot, named "Xinda," has been introduced at the Haier refrigerator interconnected factory in Chongqing [1] Group 2: Future Plans - The company has outlined four key data collection and validation scenarios to be completed by the end of the year, which include adaptive grasping robot systems, smart welding, flexible automated PCB quality inspection, and dual-arm collaborative assembly [1]

Core Viewpoint - The company reported a significant increase in revenue and net profit for the first three quarters of 2025, indicating strong operational performance despite a net loss when excluding non-recurring items [1] Financial Performance - The company achieved an operating revenue of 2.654 billion yuan, representing a year-on-year growth of 17.20% [1] - The net profit attributable to shareholders reached 4.3462 million yuan, showing a substantial year-on-year increase of 110.26% [1] - The net loss attributable to shareholders, after excluding non-recurring gains and losses, was 22.4425 million yuan [1]

上海新时达电气股份有限公司 关于获得发明专利证书公告 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。 证券代码：002527 证券简称：新时达 公告编号：临2025-080 上海新时达电气股份有限公司（以下简称"公司"）及子公司于近期收到国家知 识产权局颁发的发明专利证书，具体情况如下： | 专利号 | 专利名称 | 类型 | 申请日期 | 授权公告日 | 有效 期 | 证书号 | | 专利权人 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | ZL202210301798.8 | 轴向磁通电机 定子组件、轴向 磁通电机及其 控制方法 | 发明 | 2022/03/24 | 2025/09/26 | 20 年第 | 8305316 | 号 | 上海新时达机器人 有限公司 | | ZL202211706364.2 | 电梯轿厢的定 位系统、方法、 电子设备和存 储介质 | 发明 | 2022/12/28 | 2025/09/26 | 20 年第 | 8303993 | 号 | 上海新时达电气股 ...

Financial Performance - The company's revenue for the third quarter reached ¥1,009,538,235.50, representing a year-on-year increase of 34.94%[4] - Net profit attributable to shareholders was ¥2,480,777.22, up 110.51% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥6,754,407.13, a decrease of 82.27% year-on-year[4] - Basic earnings per share for the third quarter were ¥0.0037, reflecting a growth of 110.36% year-on-year[4] - Total operating revenue for the current period reached ¥2,653,648,993.12, an increase of 17.2% compared to ¥2,264,207,423.46 in the previous period[20] - Net profit for the current period was ¥4,462,592.15, a significant recovery from a net loss of ¥42,338,766.53 in the previous period[21] - Total comprehensive income for the period was CNY 2,431,503.47, a significant recovery from a loss of CNY 42,704,474.91 in the previous period[22] - Basic and diluted earnings per share improved to CNY 0.0066, compared to a loss of CNY 0.0640 in the prior period[22] Cash Flow and Investments - The operating cash flow net amount for the year-to-date period was ¥55,427,786.43, an increase of 147.42%[4] - Net cash flow from operating activities was CNY 55,427,786.43, a turnaround from a negative cash flow of CNY -116,875,268.28 in the previous year[24] - Cash inflow from operating activities totaled CNY 2,058,316,143.66, up from CNY 1,732,092,679.26 in the prior period[23] - Cash outflow for operating activities was CNY 2,002,888,357.23, compared to CNY 1,848,967,947.54 in the previous year[24] - Cash flow from investing activities generated a net inflow of CNY 21,797,577.39, an improvement from a net outflow of CNY -123,941,600.39 in the prior period[24] - The company received CNY 715,683,933.03 from borrowings, a decrease from CNY 902,137,024.60 in the prior period[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,950,738,146.48, a decrease of 5.60% from the end of the previous year[4] - Current liabilities totaled ¥2,406,307,961.97, down 6.9% from ¥2,583,106,824.76 in the previous period[19] - Non-current liabilities decreased to ¥293,227,183.49 from ¥353,078,410.86, a reduction of 16.9%[19] - The company's total equity increased slightly to ¥1,251,203,001.02 from ¥1,248,771,497.55, reflecting a growth of 0.3%[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 48,123[12] - The largest shareholder, Ji Defa, holds 13.42% of shares, totaling 88,956,197 shares[12] - Qingdao Haier Kaos Industrial Intelligent Co., Ltd. is the second-largest shareholder with a 10.00% stake, amounting to 66,306,129 shares[12] - The company has a total of 10 major shareholders, with the top three being related through family ties[13] - The total number of preferred shareholders is zero, indicating no preferred shares are currently issued[14] Financial Management - The company reported a 32.88% decrease in financial expenses, amounting to ¥18,884,918.77, due to a reduction in loan scale and interest rates[10] - The company reported a significant decrease in financial expenses, which fell to ¥18,884,918.77 from ¥28,135,081.58, a reduction of 33.0%[21] Research and Development - Research and development expenses for the current period were ¥154,903,514.07, up from ¥149,649,975.47, indicating a growth of 3.0%[21] Corporate Actions - The company plans to issue shares to specific investors, with the proposal approved at the shareholder meeting on July 16, 2025[14] - The application for the share issuance was accepted by the Shenzhen Stock Exchange on August 7, 2025[15] - The company is undergoing a board restructuring, having elected a new board on July 16, 2025[15] Cash and Cash Equivalents - The company's cash and cash equivalents decreased to ¥493,149,747.90 from ¥615,626,656.38 at the beginning of the period, a decline of approximately 20%[17] - The ending cash and cash equivalents balance was CNY 375,839,507.36, down from CNY 406,019,479.31 at the end of the previous period[24] - The company experienced a significant increase of 972.78% in the impact of exchange rate changes on cash and cash equivalents, amounting to ¥1,839,940.24[10] Accounts Receivable - Accounts receivable increased slightly to ¥1,067,003,592.36 from ¥1,060,682,384.95, indicating a growth of about 0.6%[17]

Company Overview - Shanghai New Times Electric Co., Ltd. is located at 1560 Siyi Road, Jiading District, Shanghai, established on March 10, 1995, and listed on December 24, 2010 [2] - The company's main business includes research, manufacturing, and sales of elevator control and drive products, elevator IoT, energy-saving and industrial transmission products, and robotics and motion control products [2] - The revenue composition is as follows: General control and drive products and systems 53.91%, robotics products and systems 19.35%, elevator control products and systems 18.30%, and other products 8.44% [2] Financial Performance - For the first half of 2025, the company achieved operating revenue of 1.644 billion yuan, a year-on-year increase of 8.45%, and a net profit attributable to shareholders of 1.8654 million yuan, a year-on-year increase of 109.95% [2] - Since its A-share listing, the company has distributed a total of 479 million yuan in dividends, with no dividends distributed in the last three years [3] Stock Performance - As of October 28, the stock price of New Times Electric decreased by 2.04%, trading at 17.81 yuan per share, with a total market capitalization of 11.809 billion yuan [1] - Year-to-date, the stock price has increased by 102.85%, with a slight decline of 0.34% over the last five trading days and a decrease of 10.46% over the last 20 days [1] - The company has appeared on the trading leaderboard four times this year, with the most recent appearance on March 3, where it recorded a net buy of -48.1758 million yuan [1] Shareholder Information - As of October 20, the number of shareholders is 49,200, a decrease of 0.54% from the previous period, with an average of 10,767 circulating shares per person, an increase of 0.54% [2] - Among the top ten circulating shareholders, Huaxia CSI Robotics ETF holds 10.3933 million shares, an increase of 1.8612 million shares from the previous period, while Penghua Carbon Neutral Theme Mixed A holds 8.4658 million shares, an increase of 3.5102 million shares [3]

Core Viewpoint - The industrial robot sector is experiencing a deepening process of import substitution, with ongoing intense market competition characterized by price wars and accelerated technological iterations [1] Industry Summary - The market for industrial robots remains highly competitive, with no signs of easing in the aggressive competition [1] - The focus on technological advancements is crucial, particularly in the development of "small brain" technology and its integration into a more advanced "brain" system, enhancing the robots' generalization capabilities [1] Company Summary - The company is leveraging Haier's advantages post-acquisition to enhance data collection and training across various scenarios [1] - The company plans to launch an AI-based intelligent welding solution by September 2025, which will feature capabilities such as workpiece recognition, path generation, and adaptive adjustment of welding parameters [1] - A humanoid robot has been showcased at the Industrial Expo, with real-world applications already deployed in Haier's Chongqing refrigerator factory, where it will gradually take on more complex tasks [1] - The company has identified four key data collection and validation scenarios to focus on by the end of the year: adaptive grasping robot systems, intelligent welding, flexible automated PCB quality inspection, and dual-arm collaborative assembly [1]

Core Insights - The specialized equipment sector experienced a slight increase of 0.02% on October 23, with Sai Xiang Technology leading the gains [1] - The Shanghai Composite Index closed at 3922.41, up 0.22%, while the Shenzhen Component Index closed at 13025.45, also up 0.22% [1] Sector Performance - Notable gainers in the specialized equipment sector included: - Yunjia Technology (002337) with a closing price of 7.02, up 10.03% and a trading volume of 864,300 shares, totaling 596 million yuan [1] - Shihua Machinery (000852) at 9.34, up 10.01% with a trading volume of 2,720,200 shares, totaling 2.531 billion yuan [1] - Shandong Molong (002490) at 9.36, up 9.99% with a trading volume of 1,097,100 shares, totaling 1 billion yuan [1] Capital Flow - The specialized equipment sector saw a net outflow of 2.135 billion yuan from institutional investors, while retail investors contributed a net inflow of 1.673 billion yuan [2] - The capital flow for specific stocks indicated: - He Dung Intelligent (603011) had a net inflow of 1.011 billion yuan from institutional investors, but a net outflow from retail investors [3] - Lingyun Optics (688400) experienced a net inflow of 82.8594 million yuan from institutional investors [3]

Group 1 - The company, Xinsida (002527), reported that as of October 20, 2025, the total number of shareholders is 49,157 [1]