Investment Rating - The report assigns a "Buy" investment rating for the company, marking the first coverage of the stock [8]. Core Insights - The company has successfully turned around its performance, achieving profitability driven by rapid growth in its new energy transmission business [4]. - The company reported a revenue of 3.536 billion yuan in 2024, reflecting a year-on-year growth of 25.93%, and a net profit attributable to shareholders of 124 million yuan, marking a significant recovery from losses [3]. - The new energy transmission segment generated 1.776 billion yuan in revenue, up 15.09% year-on-year, with a net profit of 1.14 billion yuan, a staggering increase of 1065.97% [4]. - The touch display business also showed strong performance, with revenue reaching 1.760 billion yuan, a growth of 39.16% year-on-year, and a net profit of 39.64 million yuan [5]. - The company has made strategic investments in the robotics sector, acquiring a 4.3478% stake in Wuxi Quanzhibo, which specializes in robotic joints [6]. Summary by Sections Financial Performance - In 2024, the company achieved total revenue of 3.536 billion yuan, with a growth rate of 25.9% [10]. - The net profit attributable to shareholders was 124 million yuan, with a projected growth rate of -134.0% for 2024, followed by 75.4% in 2025 [10]. - Earnings per share (EPS) are forecasted to be 0.19 yuan for 2024, increasing to 0.33 yuan in 2025 and 0.45 yuan in 2026 [10]. Business Segments - The new energy transmission business is expected to continue its rapid growth, with projected revenues of 4.511 billion yuan in 2025 and 5.561 billion yuan in 2026 [7]. - The touch display segment is also anticipated to grow, with revenues expected to reach 4.511 billion yuan in 2025 [10]. Strategic Initiatives - The company is focusing on expanding its footprint in the robotics industry through its investment in Wuxi Quanzhibo, enhancing its capabilities in robotic joints [6].

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：002765 证券简称：蓝黛科技 公告编号：2025-036 蓝黛科技集团股份有限公司 关于全资子公司完成工商变更登记的公告 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。 蓝黛科技集团股份有限公司（以下简称"公司"）于2025年03月14日召开第五届董事会第十三次会议，审 议通过了《关于公司对全资子公司增资的议案》，同意公司以自有资金（自筹资金）货币人民币3,000 万元对全资子公司马鞍山蓝黛传动机械有限公司（以下简称"马鞍山蓝黛机械"）进行增资。本次增资完 成后，马鞍山蓝黛机械的注册资本将由14,000万元增加至17,000万元，公司仍持有马鞍山蓝黛机械100% 股权。具体内容详见2025年03月15日登载于巨潮资讯网（http://www.cninfo.com.cn）等公司指定信息披 露媒体《关于对全资子公司增资的公告》（公告编号：2025-021）。 ■ 除上述内容变更外，马鞍山蓝黛机械经营范围及其他登记事项未发生变更。 特此公告。 蓝黛科技集团股份有限公司董事会 2025年04月07日 近日 ...

| 变更事项 | 变更前 | | 变更后 | | | --- | --- | --- | --- | --- | | 注册资本 | 壹亿肆仟万元整 | | 壹亿柒仟万元整 | | | 住所 | 马鞍山经济技术开发区龙山路 | | 马鞍山经济技术开发区湖西南 | | | | 199 号 | 1-3-全部 | 路 1199 1-8-全部 | 号 | 除上述内容变更外，马鞍山蓝黛机械经营范围及其他登记事项未发生变更。 特此公告。 蓝黛科技集团股份有限公司 关于全资子公司完成工商变更登记的公告 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。 蓝黛科技集团股份有限公司（以下简称"公司"）于 2025 年 03 月 14 日召开第 五届董事会第十三次会议，审议通过了《关于公司对全资子公司增资的议案》，同意 公司以自有资金（自筹资金）货币人民币 3,000 万元对全资子公司马鞍山蓝黛传动 机械有限公司（以下简称"马鞍山蓝黛机械"）进行增资。本次增资完成后，马鞍 山蓝黛机械的注册资本将由 14,000 万元增加至 17,000 万元，公司仍持有马鞍山蓝黛 机 械 100% 股 ...

目前，公司董事长为朱俊翰，董秘为牟岚，员工人数为4551人，实际控制人为朱堂福、朱俊翰、熊敏。 公司参股公司12家，包括惠州市坚柔科技有限公司、台冠科技（香港）贸易有限公司、马鞍山蓝黛传动机械有限公司、重庆宣宇光电科技有限公司、重庆蓝 黛传动机械有限公司等。 在业绩方面，公司2021年至2023年营业收入分别为31.39亿元、28.73亿元和28.08亿元，同比分别增长30.30%、-8.47%和-2.29%。归母净利润分别为2.10亿 元、1.86亿元和-3.65亿元，归母净利润同比增长分别为3944.42%、-11.65%和-297.65%。同期，公司资产负债率分别为52.26%、51.65%和52.80%。 雷达财经 文|杨洋 编|李亦辉 3月30日，蓝黛科技集团股份有限公司公告称，公司全资子公司重庆蓝黛自动化科技有限公司与宜兴星程创业投资合伙企业（有限合伙）、无锡高新区新投 天使创业投资基金（有限合伙）共同投资参股无锡泉智博科技有限公司。蓝黛自动化以人民币500万元认缴泉智博新增注册资本出资额人民币30.1295万元， 持股比例为4.3478%。 目前，泉智博已完成相关工商变更手续，并取得了新的营业执 ...

Investment Rating - The report maintains a "Buy" rating for the company [4] Core Views - The company is expected to achieve a turnaround in 2024 with a revenue of 3.54 billion yuan, representing a year-on-year growth of 25.9%, and a net profit of 120 million yuan, marking a return to profitability [1] - The automotive parts segment is the primary contributor to revenue growth, with significant partnerships with major clients such as SAIC Group, FAW Group, and Toyota [1] - The company is expanding its production capabilities by establishing a base in Thailand with an investment of up to 200 million yuan to support local clients [1] - The electronics business is also performing well, with a projected revenue of 1.75 billion yuan in 2024, reflecting a year-on-year increase of 39.8% [1] Financial Performance Summary - The company reported a revenue of 2.808 billion yuan in 2023, with a projected increase to 3.536 billion yuan in 2024, and further growth expected in the following years [3] - The net profit is forecasted to improve from a loss of 365 million yuan in 2023 to a profit of 124 million yuan in 2024, with continued growth anticipated through 2027 [3] - The earnings per share (EPS) is expected to rise from -0.56 yuan in 2023 to 0.19 yuan in 2024, indicating a positive trend in profitability [3] Expense Management - The company has effectively controlled its expense ratio, which decreased by 1.9 percentage points year-on-year to 8.6% in 2024 [2] - The breakdown of expenses includes sales at 1.4%, management at 2.9%, R&D at 4.1%, and financial expenses at 0.2% [2] Strategic Initiatives - The company has acquired a 4.3478% stake in Wuxi Quanzhibo to expand into the robotic joint business, indicating a strategic move towards automation and robotics [2] - Collaboration with Quanzhibo focuses on the development and production of integrated robotic joints and core components [2] Profit Forecast and Valuation - The projected net profits for 2025, 2026, and 2027 are 220 million yuan, 280 million yuan, and 336 million yuan, respectively, with corresponding price-to-earnings (PE) ratios of 46, 37, and 30 times [2]

暨完成工商变更的公告 证券代码：002765 证券简称：蓝黛科技 公告编号：2025-035 蓝黛科技集团股份有限公司 关于子公司对外投资参股无锡泉智博科技有限公司进展 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。 认缴 序号 股东姓名/名称 出资比例 一、对外投资事项概述 蓝黛科技集团股份有限公司（以下简称"公司"）全资子公司重庆蓝黛自动化 科技有限公司（以下简称"蓝黛自动化"）拟与宜兴星程创业投资合伙企业（有限 合伙）、无锡高新区新投天使创业投资基金（有限合伙）分别以人民币 500 万元认 缴无锡泉智博科技有限公司（以下简称"泉智博"）新增注册资本出资额人民币 详见公司于 2025 年 01 月 22 日登载于指定信息披露媒体的《关于子公司对外投资 参股无锡泉智博科技有限公司的公告》（公告编号：2025-010）。 二、对外投资事项进展情况 近日，泉智博就上述增加注册资本、股东变更等事宜完成了相关的工商变更手 续，并取得了变更后的《营业执照》，相关信息如下： 转让、技术推广；智能机器人销售；机械设备销售；通用设备制造（不含特种设备 制造）；电力电子元器件 ...

证券代码：002765 证券简称：蓝黛科技 公告编号：2025-035 1、公司名称：无锡泉智博科技有限公司 9、经营范围：一般项目：技术服务、技术开发、技术咨询、技术交流、技术 转让、技术推广；智能机器人销售；机械设备销售；通用设备制造（不含特种设备 制造）；电力电子元器件销售；电子元器件制造；智能机器人的研发；电子元器件 与机电组件设备销售；电气设备销售；电动机制造；电工机械专用设备制造；通用 蓝黛科技集团股份有限公司 关于子公司对外投资参股无锡泉智博科技有限公司进展 暨完成工商变更的公告 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。 一、对外投资事项概述 蓝黛科技集团股份有限公司（以下简称"公司"）全资子公司重庆蓝黛自动化 科技有限公司（以下简称"蓝黛自动化"）拟与宜兴星程创业投资合伙企业（有限 合伙）、无锡高新区新投天使创业投资基金（有限合伙）分别以人民币 500 万元认 缴无锡泉智博科技有限公司（以下简称"泉智博"）新增注册资本出资额人民币 30.1295 万元，本次投资完成后蓝黛自动化将持有泉智博 4.3478%的股权。具体内容 详见公司于 20 ...

Core Viewpoint - The recent performance and financial metrics of Luda Technology (002765) indicate significant growth in revenue and net profit, alongside changes in shareholder structure and trading activity [4][3][2]. Trading Information Summary - As of March 28, 2025, Luda Technology's stock closed at 15.66 yuan, down 2.55% from the previous week, with a weekly high of 16.5 yuan and a low of 14.26 yuan [1] - The company appeared on the trading leaderboard for the first time in five trading days due to a daily price deviation of 7% [2][6]. Shareholder Changes - As of February 28, 2025, the number of shareholders increased to 81,500, representing a growth of 16.79% from December 31, 2024, while the average number of shares held per shareholder decreased from 9,343 to 8,000 [3][6]. Performance Disclosure Highlights - Luda Technology's 2024 annual report shows a total revenue of 3.536 billion yuan, a year-on-year increase of 25.93%, and a net profit attributable to shareholders of 124 million yuan, up 134.04% [4] - The fourth quarter of 2024 reported a revenue of 921 million yuan, a 26.12% increase year-on-year, with a net profit of 20.66 million yuan, reflecting a 104.84% rise [4]. Company Announcement Summary - Luda Technology approved a total external guarantee limit of up to 2.6 billion yuan for itself and its subsidiaries [5][6] - The company provided a guarantee of 280 million yuan for a subsidiary's fixed asset loan, with the total guarantee balance amounting to 700 million yuan, which is within the approved limit [5].

Investment Rating - The report maintains an "Accumulate" rating for the company, with a target price raised to 19.76 from the previous 16.34 [1][9]. Core Insights - The company's performance is driven by the growth of its new energy business, which is expected to continue benefiting from the local robot industry development in Chongqing. The company is positioned as a quality "auto parts + robotics" manufacturer in the region [2][9]. - The financial forecast indicates significant revenue growth, with projected revenues of 35.36 billion in 2024, representing a year-on-year increase of 25.9%. The net profit for 2024 is expected to be 1.24 billion, a substantial increase of 134.0% compared to the previous year [3][9]. Financial Summary - **Revenue and Profit Forecast**: - 2023A: Revenue of 2,808 million, Net Profit of -365 million - 2024A: Revenue of 3,536 million, Net Profit of 124 million - 2025E: Revenue of 4,514 million, Net Profit of 248 million - 2026E: Revenue of 5,459 million, Net Profit of 352 million - 2027E: Revenue of 6,557 million, Net Profit of 478 million - The company is expected to achieve a net profit margin of 3.5% in 2024, up by 16.5 percentage points year-on-year [3][10]. - **Key Financial Ratios**: - Return on Equity (ROE) is projected to improve from -15.4% in 2023A to 14.6% in 2027E [10]. - The Price-to-Earnings (P/E) ratio is forecasted to decrease from 78.55 in 2024 to 20.43 in 2027 [10]. Market Data - The company's market capitalization is approximately 9,762 million, with a current price of 14.97 [4]. - The stock has shown significant price movement, with a 12-month absolute increase of 207% [8]. Business Development - The new energy business is expected to see a sales volume of 5.4 million units in 2024, a year-on-year increase of 120%, with revenue from this segment reaching 5.27 billion, up 88% [9]. - The company is expanding into the robotics sector, leveraging its expertise in high-precision gear shafts and benefiting from supportive local policies in Chongqing [9].

Core Viewpoint - BlueDai Technology reported significant growth in revenue and net profit for 2024, driven by strong performance in its power transmission and touch display businesses, while also facing an increase in accounts receivable [1][2][3]. Financial Performance - In 2024, BlueDai Technology achieved operating revenue of 3.536 billion yuan, a year-on-year increase of 25.93%, and a net profit attributable to shareholders of 124 million yuan, up 134.04% [1][2]. - The company's non-recurring net profit was 65.7 million yuan, reflecting a growth of 115.45% year-on-year, primarily due to government subsidies amounting to 77.4 million yuan [2]. - The power transmission segment generated revenue of 1.776 billion yuan, a 15.09% increase, while the net profit reached 114 million yuan, soaring by 1065.97% [2]. - Sales from the new energy reducer assembly and transmission system components amounted to 527 million yuan, nearly double the 280 million yuan from 2023 [2]. Business Segments - The touch display segment reported revenues of 1.207 billion yuan and 537 million yuan for modules and components, respectively, with year-on-year growth of 39.89% and 41.64% [2]. - BlueDai Technology's overseas sales revenue grew by 49.54%, significantly outpacing domestic sales growth of 18.92% [3]. Accounts Receivable - By the end of 2024, accounts receivable reached 1.133 billion yuan, a 27.9% increase from the beginning of the year, constituting 20.70% of total assets [3]. Shareholder Changes - Several well-known funds entered BlueDai Technology's top ten shareholders, including the Basic Pension Insurance Fund and others, indicating increased institutional interest [1][5]. Future Outlook - The company plans to expand into emerging fields such as robotics and low-altitude flying vehicles, aligning with trends in the smart era [4]. - BlueDai Technology has invested in Wuxi Quanzhibo Technology Co., focusing on the development of robotic joints, and aims to enhance its capabilities in this area [4].