智通财经APP获悉，浙江世宝(01057)涨超10%，截至发稿，涨11.25%，报5.34港元，成交额2.31亿港 元。 另外，近日工业和信息化部等八部门印发《汽车行业稳增长工作方案(2025—2026年)》，强调推进智能 网联汽车准入和上路通行试点，有条件批准L3级车型生产准入，推动道路交通安全、保险等法律法规 完善。方正证券发布研报称，政策端对L3车型的松绑，叠加后续权责划分、智能网联汽车参数等细则 的出台，有望重塑汽车行业竞争逻辑，从单纯的价格战转向价值维度的竞争，智能化将成为车企重要的 差异化竞争优势。 消息面上，浙江世宝近日在投资者互动平台表示，公司的线控转向SBW已获得数个主流整车厂客户定 点，项目开发正在进行中，将根据客户时间表投产。公司官网显示，SBW可支持L3及以上自动驾驶， 可支持底盘集成协调控制。此外，公司表示目前仍聚焦于汽车转向系统一级配套业务，同时也密切关注 产业链延伸机会。 ...

9月15日早盘，智能驾驶概念板块表现活跃，市场热情高涨。据交易数据显示，索菱股份、山子高科、得润电子、浙江世宝等多只个股表现尤为突出，开盘 后不久便封上涨停板。豪恩汽电也不甘示弱，涨幅接近19%%，显示出强劲的市场动能。 此外，光峰科技、华工科技、慧翰股份、路畅科技、德赛西威、万集科技等个股也均有显著上涨，推动整个智能驾驶概念板块呈现出一片繁荣景象。 | 0始 代码 | 名称 * ● | | | | 最新 | 招聘 临 | 涨跌 | 总量 | 现量 | 买入价 | 卖出价 | 涨速% | 换手% | | 金额 市盈率 ? 所属行Y | 最高 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 16 | | | | | | | | | | | | | | | | | | | # | ー 301488 豪恩汽电 | R | | 4 | 187.55 | 17.87 | 28.43 | 7.70 万 | 29 | 187.55 | 188 ...

证券日报网讯浙江世宝9月10日在互动平台回答投资者提问时表示，公司目前仍聚焦于汽车转向系统一 级配套业务。同时，公司也密切关注产业链延伸机会。如有相关拓展，请以公司公告为准。 （文章来源：证券日报） ...

每经AI快讯，有投资者在投资者互动平台提问：目前机器人行业处于起步阶段，前景非常不错，很多 汽车零部件公司开始逐步涉及机器人相关技术以求扩展业务范围及公司竞争力，汽车转向系统和机器人 转向系统也有很多共通之处，之前也有投资者建议贵司布局机器人行业，您有回复会向贵司管理层反馈 投资者的建议，请问贵司管理层是否有探讨过涉及机器人行业的可能？ 浙江世宝（002703.SZ）9月10日在投资者互动平台表示，公司目前仍聚焦于汽车转向系统一级配套业 务。同时，公司也密切关注产业链延伸机会。如有相关拓展，请以公司公告为准。 （文章来源：每日经济新闻） ...

Group 1 - The company anticipates that the domestic steer-by-wire market will begin large-scale development in 2026, marking a significant milestone for the industry [2] - As a leading local steer-by-wire supplier, the company has secured project allocations from several major OEMs, with mass production expected to commence in the second half of 2026 [2] - The steer-by-wire technology enhances vehicle autonomous driving capabilities by reducing mechanical components and relying on signal transmission, providing greater flexibility in chassis and cabin layout, making it the preferred steering system for high-end intelligent driving models at L3 and above [2] Group 2 - The company has completed annual price negotiations with most clients as of the end of the first half of the year, with only a few negotiations still ongoing, leading to expectations of stable product prices in the second half [3] - The C-EPS product has been significantly impacted by price declines, resulting in a noticeable decrease in its gross margin, which has affected the company's overall gross margin due to its contribution of approximately 50% to revenue [3] - With the gradual increase in sales of high-end EPS products and the expanded revenue contribution from electric steering columns and electric steer-by-wire systems, the company's gross margin is expected to improve further [3]

Report Summary 1. Report Industry Investment Rating - Not provided in the content 2. Core Viewpoints - The company achieved a revenue of 1.524 billion yuan in the first half of 2025, a year-on-year increase of 35.32%, with an overall gross profit margin of 18.01%, a year-on-year decrease of 1.77%. The gross profit margin decline was mainly due to product price cuts. The company expects product prices to stabilize in the second half of the year, helping to maintain a stable gross profit margin. With the improvement of product structure, the gross profit margin is expected to further improve [24]. - The company's electric recirculating ball steering gear is mainly used in new energy light trucks, and the electro-hydraulic recirculating ball steering gear is used in high-performance medium and heavy commercial vehicles such as unmanned mining trucks and port operation vehicles [26]. - The company anticipates that the domestic steer-by-wire market will start to scale up in 2026. As a leading domestic supplier, it has obtained project approvals from several mainstream OEMs, and related products are expected to enter mass production from the second half of 2026 [27]. 3. Summary by Directory 3.1. Research Basic Situation - Research object: Zhejiang Shibao [16] - Industry: Auto parts [16] - Reception time: September 4, 2025 [16] - Listed company reception staff: Board Secretary Liu Xiaoping [16] 3.2. Detailed Research Institutions - Investment companies: Qianhe Investment [17] - Fund management companies: ICBC Credit Suisse, Great Wall Fund, Ruiyuan Fund, etc. [17][18] - Securities companies: Great Wall Securities, Guolian Minsheng Securities, Huaxi Securities, etc. [17][18] - Others: Huatai Insurance Asset [18] 3.3. Research Institution Proportion - Investment companies: 6% [20] - Fund management companies: 50% [20] - Securities companies: 39% [20] - Others: 6% [20] 3.4. Main Content Data - **Gross profit margin analysis**: The decline in gross profit margin in the first half of 2025 was mainly due to price cuts in the auto industry. With the stabilization of product prices in the second half of the year and the improvement of product structure, the gross profit margin is expected to stabilize and improve [24]. - **Product application scenarios**: Electric recirculating ball steering gears are used in new energy light trucks, and electro-hydraulic recirculating ball steering gears are used in high-performance medium and heavy commercial vehicles [26]. - **Steer-by-wire progress**: The domestic steer-by-wire market is expected to start to scale up in 2026, and the company's products are expected to enter mass production from the second half of 2026 [27]. - **Cost reduction measures**: The company promotes cost reduction through multi-dimensional optimization of product design, material procurement, and manufacturing, and improves operational efficiency through digital means [28]. - **Net profit margin outlook**: The company's net profit margin in the first half of 2025 was 6.10%. With the expansion of scale, the company is confident to further improve profitability [30]. - **Accounts receivable management**: The implementation of the 60-day payment term is expected to improve cash flow management and capital turnover efficiency [31]. - **Overseas layout**: The company currently has no specific plans for overseas investment and construction, but is actively promoting supplier qualification certification and project approvals for international OEMs [32]. - **Controlling shareholder's share reduction**: The controlling shareholder's share reduction is for its own capital needs, and the reduction does not affect the company's control [33].

Core Insights - Zhejiang Shibao's intelligent steering system is applicable to various vehicle types, including light commercial vehicles, medium and heavy commercial vehicles, passenger cars, and new energy vehicles [2] - The company is a major supplier of electric steering gear for domestic new energy light trucks and has its electro-hydraulic steering gear applied in heavy unmanned mining trucks [2] - The intelligent electric EPS products used in passenger cars are widely adopted by clients such as Chery, Geely, NIO, Li Auto, and Leap Motor [2]

Group 1: Financial Performance - In the first half of 2025, the company achieved a revenue of 1.524 billion CNY, representing a year-on-year growth of 35.32% [2] - The overall gross margin for the same period was 18.01%, a decrease of 1.77% compared to the previous year, primarily due to a decline in product prices [2] - The net profit margin for the first half of 2025 was 6.10%, with a continuous decrease in the proportion of sales, management, and R&D expenses relative to revenue [3] Group 2: Product Insights - The C-EPS product significantly impacted the gross margin, contributing approximately 50% of the company's revenue [2] - The company is a major supplier of electric steering systems for new energy light trucks, holding over 50% of the market share in this segment [3] - The company anticipates that the domestic steer-by-wire market will begin large-scale development in 2026, with products expected to enter mass production in the second half of that year [3] Group 3: Cost Management and Future Outlook - The company is implementing multi-dimensional cost reduction strategies, including optimizing product design and enhancing operational efficiency through digitalization [3] - The company expects product prices to stabilize in the second half of the year, which will help maintain gross margin stability [2] - There are currently no specific plans for overseas factory investments, but the company is actively pursuing supplier qualifications with several international automotive manufacturers [4]

Core Viewpoint - Zhejiang Shibao (002703.SZ) is actively involved in the development of intelligent steering systems applicable to various vehicle types, including light commercial vehicles, medium and heavy commercial vehicles, passenger cars, and new energy vehicles [1] Group 1 - The company is a major supplier of electric steering systems for domestic new energy light trucks [1] - The company's electro-hydraulic steering systems have been applied in heavy-duty unmanned mining trucks [1] - The intelligent electric EPS products used in passenger cars are widely adopted by clients such as Chery, Geely, NIO, Li Auto, and Leap Motor [1]

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年8月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 浙江世寶股份有限公司 呈交日期: 2025年9月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01057 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 216,785,000 | RMB | | | 1 RMB | | 216,785,000 | | 增加 / 減少 (-) | | | | | | | RMB | | | | 本月底結存 | | | 216,785,000 | RMB | | | 1 RMB | | 216,785,000 | | 2. 股份分類 | 普通 ...