Core Viewpoint - Tongda Power (002576.SZ) reported a revenue of 1.413 billion yuan for the first three quarters of 2025, reflecting a year-on-year growth of 12.12% [1] - The net profit attributable to shareholders reached 62.418 million yuan, marking a year-on-year increase of 41.24% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 58.298 million yuan, showing a year-on-year growth of 42.69% [1] Financial Performance - Revenue for the first three quarters: 1.413 billion yuan, up 12.12% year-on-year [1] - Net profit attributable to shareholders: 62.418 million yuan, up 41.24% year-on-year [1] - Net profit after deducting non-recurring gains and losses: 58.298 million yuan, up 42.69% year-on-year [1]

Group 1 - The core viewpoint of the article highlights the financial performance of Tongda Power in Q3 2025, showing significant growth in revenue and net profit [1] - Tongda Power reported a revenue of approximately 1.413 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 12.12% [1] - The net profit attributable to shareholders was approximately 62.42 million yuan, reflecting a year-on-year increase of 41.24% [1] - Basic earnings per share reached 0.3781 yuan, also up by 41.24% year-on-year [1] Group 2 - As of the report, Tongda Power's market capitalization stands at 3 billion yuan [2]

Group 1 - The core point of the article is that Tongda Power reported a revenue of 442 million yuan in the third quarter, representing a year-on-year decline of 4.91%, while net profit increased by 64.70% to 19.78 million yuan [1] - For the first three quarters, the company achieved a revenue of 1.413 billion yuan, which is a year-on-year increase of 12.12%, and a net profit of 62.42 million yuan, reflecting a year-on-year growth of 41.24% [1]

Revenue and Profit - Q3 2025 revenue was CNY 441,998,017.85, a decrease of 4.91% year-over-year, while year-to-date revenue reached CNY 1,413,050,960.52, an increase of 12.12%[5] - Net profit attributable to shareholders for Q3 2025 was CNY 19,778,779.22, up 64.70% year-over-year, and year-to-date net profit was CNY 62,418,408.51, an increase of 41.24%[5] - Basic and diluted earnings per share for Q3 2025 were CNY 0.1198, reflecting a 64.79% increase compared to the same period last year[5] - Total operating revenue for the current period reached ¥1,413,050,960.52, an increase of 12.06% compared to ¥1,260,271,551.57 in the previous period[16] - Net profit for the current period was ¥62,482,483.40, representing a 40.8% increase from ¥44,377,055.60 in the previous period[17] - The company reported a total profit of ¥67,786,548.14, up from ¥50,777,491.65 in the previous period, reflecting a growth of 33.5%[17] Assets and Liabilities - Total assets at the end of Q3 2025 were CNY 2,144,793,010.00, representing a 2.48% increase from the end of the previous year[5] - Current assets totaled CNY 1,779,003,312.41, compared to CNY 1,716,292,815.96, indicating an increase of about 3.6%[14] - The company's total liabilities were CNY 849,545,606.90, slightly up from CNY 846,744,472.41, showing a marginal increase of 0.2%[15] - The total non-current assets were CNY 365,789,697.59, down from CNY 376,695,699.41, indicating a decrease of about 2.9%[14] Cash Flow - Cash flow from operating activities for the year-to-date period increased by 34.75%, amounting to CNY 52,404,450.86[5] - Cash flow from operating activities generated a net amount of ¥52,404,450.86, compared to ¥38,888,933.41 in the previous period, marking a 34.5% increase[19] - Cash flow from investing activities resulted in a net outflow of ¥64,760,740.47, worsening from a net outflow of ¥5,536,881.06 in the prior period[19] - Cash flow from financing activities showed a net outflow of ¥23,276,890.66, a decline from a net inflow of ¥39,434,573.86 in the previous period[20] - The ending balance of cash and cash equivalents was ¥327,561,643.70, compared to ¥292,195,772.45 at the end of the previous period, indicating an increase of 12.1%[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 31,037, with no preferred shareholders[9] - The company’s total equity attributable to shareholders increased by 3.89% to CNY 1,306,199,207.49 compared to the end of the previous year[5] - The equity attributable to the parent company reached CNY 1,306,199,207.49, up from CNY 1,257,259,922.24, representing an increase of approximately 3.9%[15] - The total equity of the company was CNY 1,295,247,403.10, an increase from CNY 1,246,244,042.96, representing a growth of approximately 3.9%[15] Asset Management - The company reported a significant increase in asset disposal gains by 1500.83%, primarily due to increased sales of fixed assets[10] - The company experienced a 641.07% increase in other current assets, mainly due to an increase in deductible VAT[10] - Financial expenses decreased by 379.50%, largely influenced by exchange rate gains[10] - Cash and cash equivalents stood at CNY 400,421,167.32, down from CNY 477,232,494.08, indicating a decrease of about 16.1%[14] - Accounts receivable increased to CNY 689,254,413.46 from CNY 634,911,798.23, marking a growth of approximately 8.6%[14] - Inventory levels rose to CNY 367,060,052.67, compared to CNY 323,679,436.55, reflecting an increase of about 13.4%[14] - The company's short-term borrowings decreased to CNY 105,014,833.34 from CNY 114,018,333.33, a decline of approximately 7.5%[15]

Core Insights - The electric motor sector experienced a decline of 1.39% on the trading day, with Huari Co., Ltd. leading the losses [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] Electric Motor Sector Performance - Notable gainers in the electric motor sector included: - Xiangdian Co., Ltd. (Code: 600416) with a closing price of 14.53, up 3.64% and a trading volume of 337,900 shares, totaling 479 million yuan [1] - Huaxin Precision (Code: 603370) closed at 51.58, up 1.84% with a trading volume of 36,100 shares, totaling 184 million yuan [1] - Tongda Power (Code: 002576) closed at 18.34, up 1.27% with a trading volume of 57,500 shares, totaling 104 million yuan [1] - Major decliners included: - Huari Co., Ltd. (Code: 300626) closed at 12.35, down 5.36% with a trading volume of 266,900 shares, totaling 328 million yuan [2] - Wolong Electric Drive (Code: 600580) closed at 46.19, down 3.61% with a trading volume of 997,200 shares, totaling 4.605 billion yuan [2] - Jiangsu Fuli (Code: 300660) closed at 52.50, down 3.30% with a trading volume of 81,100 shares, totaling 424 million yuan [2] Capital Flow Analysis - The electric motor sector saw a net outflow of 875 million yuan from institutional investors, while retail investors contributed a net inflow of 878 million yuan [2] - Specific stock capital flows included: - Xiangdian Co., Ltd. had a net outflow of 36.36 million yuan from institutional investors [3] - Huaxin Precision experienced a net inflow of 9.49 million yuan from institutional investors [3] - Jiangsu Fuli saw a net outflow of 3.30 million yuan from institutional investors [3]

Market Overview - The electric motor sector increased by 0.75% compared to the previous trading day, with Dayang Electric leading the gains [1] - The Shanghai Composite Index closed at 3916.33, up 1.36%, while the Shenzhen Component Index closed at 13077.32, up 2.06% [1] Stock Performance - Dayang Electric (002249) closed at 11.48, rising by 2.96% with a trading volume of 2.67 million shares and a transaction value of 3.037 billion [1] - Other notable performers include: - Kaizhong Precision (002823) at 16.74, up 2.07% [1] - Bafang Electric (603489) at 24.88, up 1.97% [1] - Huayang Intelligent (301502) at 47.77, up 1.90% [1] - Kangping Technology (300907) at 33.04, up 1.63% [1] Fund Flow Analysis - The electric motor sector experienced a net outflow of 252 million from institutional investors, while retail investors saw a net inflow of 103 million [2] - Notable stock fund flows include: - Jiangte Electric (002176) with a net inflow of 26.04 million from institutional investors [3] - Huayi Shares (300626) with a net inflow of 24.04 million from institutional investors [3] - Zhaowei Electromechanical (003021) with a net inflow of 13.15 million from institutional investors [3]

Core Viewpoint - The company, Tongda Power (002576.SZ), has indicated that its servo motor cores are suitable for use in robotic drive motors, although it has not yet established a direct partnership with Yushu Robotics or its subsidiaries [1]. Company Summary - Tongda Power produces servo motor cores that can be utilized in robotic applications [1]. - Currently, there is no direct collaboration between Tongda Power and Yushu Robotics or its subsidiaries [1].

Core Viewpoint - The company, Tongda Power, has indicated that its servo motor cores are suitable for use in robotic drive motors, although it has not established any direct cooperation with Yushu Robotics or its subsidiaries to date [1] Company Summary - Tongda Power produces servo motor cores that can be utilized in robotic applications [1] - The company has not yet formed any direct partnerships with Yushu Robotics or its subsidiaries [1] Industry Summary - The application of servo motor cores in robotics highlights the growing intersection between motor manufacturing and robotics technology [1]

Core Viewpoint - Tongda Power (002576.SZ) has indicated that its servo motor cores are suitable for use in robotic drive motors, but it has not yet established a direct partnership with Yushu Robotics or its subsidiaries [1] Group 1 - The company produces servo motor cores applicable to robotic drive motors [1] - There is currently no direct cooperation between the company and Yushu Robotics or its subsidiaries [1]

证券代码：002576 证券简称：通达动力 公告编号：2025-036 截至 2025 年 9 月 30 日，公司通过回购专用证券账户以集中竞价交易方式回购 公司股份 18,800 股，占公司目前总股本的比例为 0.01%，最高成交价为 14.50 元/股， 最低成交价为 14.50 元/股，支付的总金额为 272,600.00 元（不含印花税、交易佣金 等交易费用）。本次回购符合相关法律法规及公司既定的回购股份方案的要求。 二、其他事项说明 江苏通达动力科技股份有限公司 关于股份回购进展的公告 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。 江苏通达动力科技股份有限公司（以下简称"公司"）于 2025 年 4 月 9 日召 开第六届董事会第十一次会议，审议通过了《关于回购公司股份方案的议案》，同 意公司以自有资金通过集中竞价交易方式回购公司部分人民币普通股（A 股）股份， 用于实施员工持股计划或股权激励，回购价格不超过人民币 15 元/股，回购的资金 总额不低于 3,000 万元（含）且不超过 5,000 万元（含），具体回购股份的数量及占 总股本的比例以回 ...