格隆汇9月9日丨新兴装备(002933.SZ)在互动平台表示，公司目前不涉及半导体方面的研发。有关机器 人业务的相关信息，请以公司子公司北京长兴动力机器人科技有限公司正式发布的信息为准。 ...

Core Viewpoint - The report highlights the rapid growth of the special robot industry, with a projected global market size of $14 billion in 2024 and a compound annual growth rate (CAGR) of 20.68% over the past five years, expected to reach $15.4 billion by 2025 [1][3]. Industry Overview - Special robots are designed to replace or assist humans in dangerous, heavy, or complex tasks, significantly improving efficiency and safety [2]. - These robots are highly specialized and intelligent, equipped with advanced sensors, processors, communication technologies, and algorithms for efficient autonomous or remote operations [2]. - The special robot market in China is projected to reach 24.6 billion yuan in 2024, with a CAGR of 27.17% over the past five years, expected to grow to 27.1 billion yuan by 2025 [3]. Investment Trends - The special robot sector is attracting increasing attention from investment institutions, with a rise in the number of related companies being registered annually [4]. - In 2024, there were 30 investment events in China's special robot sector, amounting to 2.752 billion yuan, with 14 events and 681 million yuan in the first quarter of 2025 [5]. - The number of registered special robot companies peaked in 2023 at 24,600, indicating a transition from rapid growth to high-quality development [5]. Company Developments - **Jingye Intelligent**: Launched the "Wolf 2" product, a quadruped robot designed for high-risk nuclear industry applications, successfully completing test flights and inspections [6]. - **Construction Industry**: Focused on integrating mechanization, information technology, and intelligence in product development, while also transitioning towards the new energy vehicle sector [7]. - **Yijiahe**: Developed a product system combining high-value special robots and intelligent operation tools, expanding collaborations across various industries [8]. - **New Equipment**: Engaged in high-end equipment manufacturing, focusing on military and civilian applications of intelligent special equipment [8]. - **Zhaowei Electromechanical**: Introduced an industrial-grade product featuring unique single-joint drive technology, suitable for various complex operational environments [9]. - **CITIC Heavy Industries**: Developed an intelligent explosion-proof robot, recognized as a "national manufacturing single champion," with some firefighting robots already exported [9]. - **Robots**: Successfully applied a mud retrieval robot in nuclear decommissioning, reducing environmental safety risks [9].

Core Insights - The company reported a total revenue of 191 million yuan for the first half of 2025, a decrease of 10.82% year-on-year, while the net profit attributable to shareholders increased by 52.51% to 15.65 million yuan [1] - The gross margin improved significantly by 47.26% to 35.78%, and the net margin increased by 119.09% to 9.22% [1] - The company’s financial health shows a decrease in cash assets by 42.25% to 433 million yuan, while accounts receivable increased by 11.46% to 368 million yuan [1][2] Financial Performance - Total revenue for 2025 was 191 million yuan, down from 214 million yuan in 2024, reflecting a decline of 10.82% [1] - Net profit attributable to shareholders rose to 15.65 million yuan from 10.26 million yuan, marking a growth of 52.51% [1] - The company’s gross margin reached 35.78%, up from 24.29%, indicating a year-on-year increase of 47.26% [1] - The net margin improved to 9.22% from 4.21%, a significant increase of 119.09% [1] Cost and Efficiency - Total selling, administrative, and financial expenses amounted to 28.99 million yuan, accounting for 15.17% of revenue, which is a 29.39% increase year-on-year [1] - The company’s earnings per share (EPS) increased to 0.13 yuan from 0.09 yuan, reflecting a growth of 44.44% [1] - The operating cash flow per share improved to -0.20 yuan from -0.45 yuan, a 55.19% increase [1] Debt and Asset Management - The company’s cash assets decreased by 42.25% to 433 million yuan, while interest-bearing liabilities remained relatively stable at 410 million yuan, showing a slight increase of 0.17% [1][2] - Accounts receivable increased by 11.46% to 368 million yuan, raising concerns about the collection efficiency as the ratio of accounts receivable to profit reached 1947.62% [3]

Core Insights - The company, Beijing Xinxing Dongfang Aviation Equipment Co., Ltd. (referred to as "Xinxing Equipment"), reported its semi-annual results for 2025, showing a revenue of 191 million yuan, a year-on-year decrease of 10.82%, while net profit attributable to shareholders increased by 52.51% to 15.65 million yuan [2] Company Overview - Xinxing Equipment focuses on the research, development, production, sales, and related services of aviation equipment products, with servo control technology as its core [2] - The main products of Xinxing Equipment are categorized into airborne equipment and technical services, applicable to helicopters, fixed-wing aircraft, and drones, positioning the company within the high-tech electromechanical integration sector [2] Market Position - Xinxing Equipment holds a leading position in the domestic helicopter market with its airborne suspension/launch devices and aircraft information management and recording systems [2] - The company has a first-mover advantage in certain helicopter models, maintaining a dominant market share with its airborne suspension/launch devices and aircraft information management systems [2] Technological Expertise - Since its establishment, Xinxing Equipment has concentrated on the development and application of servo control technology, undertaking several national key high-tech projects, which contributes to its strong technical foundation and extensive application experience in the aviation equipment sector [2] - The company is recognized as one of the most competitive enterprises in the field of airborne suspension/launch devices for helicopters in China [2]

Group 1 - The company, Emerging Equipment, reported a revenue of approximately 191 million yuan for the first half of 2025, representing a year-on-year decrease of 10.82% [1] - The net profit attributable to shareholders of the listed company was approximately 15.65 million yuan, showing a year-on-year increase of 52.51% [1] - The basic earnings per share were 0.13 yuan, reflecting a year-on-year increase of 44.44% [1] Group 2 - The pet industry is experiencing significant growth, with a market size of 300 billion yuan, leading to a surge in stock prices for related listed companies [1]

证券代码：002933 证券简称：新兴装备 公告编号：2025-035 北京新兴东方航空装备股份有限公司 关于 2025 年半年度计提信用减值及资产减值准备的公告 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。 根据《企业会计准则》《深圳证券交易所股票上市规则》等相关规定，北京 新兴东方航空装备股份有限公司（以下简称"公司"）对可能存在减值迹象的相 关资产计提减值准备，现将具体内容公告如下： 一、本次计提减值准备情况概述 1、本次计提减值准备的原因 为真实、准确反映公司的财务状况和经营成果，按照《企业会计准则》《深 圳证券交易所股票上市规则》等有关规定，公司对截至 2025 年 6 月 30 日合并报 表范围内的各类资产进行了全面检查和减值测试，基于谨慎性原则，公司对可能 发生减值损失的资产计提相应的减值准备。 2、本次计提减值准备的资产范围、总金额和拟计入的报告期间 经公司对截至 2025 年 6 月 30 日合并报表范围内的资产进行全面清查和资产 减值测试后，2025 年半年度计提各项资产减值准备合计 16,016,025.32 元，计入 的报告期间为 2 ...

注：①表中非经营性占用部分，关联方范围依照《股票上市规则》确定。 ②无控股股东、实际控制人的公司，存在第一大股东或第一大股东关联人非经营性占用资金的，也应填写本表非经营性占用部分。 法定代表人：李伟峰 主管会计工作负责人：高琳琳 会计机构负责人：周炳善 北京新兴东方航空装备股份有限公司 2025 年半年度非经营性资金占用及其他关联资金往来情况汇总表 单位：万元 非经营性资金占用 资金占用 方名称 占用方与上市公 司的关联关系 上市公司核 算的会计科 目 2025 年期初 占用资金余 额 2025 年半年度 占用累计发生 金额（不含利 息） 2025 年半年 度占用资金 的利息（如 有） 2025 年半年 度偿还累计 发生金额 2025 年半年 末占用资金 余额 占用形 成原因 占用性质 控股股东、实际控制 人及其附属企业 小计 - - - - 前控股股东、实际控 制人及其附属企业 小计 - - - - 其他关联方及其附 属企业 小计 - - - - 总计 - - - - | 其他关联资金往来 | 资金往来方名 | 往来方与上 市公司的关 | 上市公司核 算的会计科 | 2025 年期初 往来资金余 | 年半年 ...

北京新兴东方航空装备股份有限公司 2025 年半年度财务报告 北京新兴东方航空装备股份有限公司 1 北京新兴东方航空装备股份有限公司 2025 年半年度财务报告 一、审计报告 半年度报告是否经过审计 □是 否 公司半年度财务报告未经审计。 二、财务报表 财务附注中报表的单位为：元 1、合并资产负债表 2025 年半年度财务报告 2025 年 8 月 编制单位：北京新兴东方航空装备股份有限公司 2025 年 06 月 30 日 单位：元 | 项目 | 期末余额 | 期初余额 | | --- | --- | --- | | 流动资产： | | | | 货币资金 | 433,045,937.22 | 694,283,154.83 | | 结算备付金 | | | | 拆出资金 | | | | 交易性金融资产 | 734,990,029.96 | 600,383,845.00 | | 衍生金融资产 | | | | 应收票据 | 3,164,611.60 | 6,096,593.04 | | 应收账款 | 368,073,331.29 | 345,641,058.47 | | 应收款项融资 | | | | 预付款项 | ...

Group 1 - The company, New Emerging Equipment (002933.SZ), reported a revenue of 191 million yuan for the first half of the year, representing a year-on-year decrease of 10.82% [1] - The net profit attributable to shareholders of the listed company was 15.65 million yuan, showing a year-on-year increase of 52.51% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 7.49 million yuan, reflecting a year-on-year growth of 25.05% [1]

北京新兴东方航空装备股份有限公司 2025 年半年度报告全文 北京新兴东方航空装备股份有限公司 2025 年半年度报告 2025 年 8 月 27 日 1 北京新兴东方航空装备股份有限公司 2025 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会及董事、高级管理人员保证半年度报告内容的真实、准确、 完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法 律责任。 公司负责人李伟峰、主管会计工作负责人高琳琳及会计机构负责人(会计 主管人员)周炳善声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 本报告中如有涉及未来的计划、业绩预测等方面内容，均不构成公司对任 何投资者及相关人士的承诺，投资者及相关人士均应对此保持足够风险认识， 并且应当理解计划、预测与承诺之间的差异，最后公司敬请投资者注意投资 风险。 | | | | 第一节 | 重要提示、目录和释义 | | 2 | | --- | --- | --- | --- | | 第二节 | 公司简介和主要财务指标 | | 6 | | 第三节 | 管理层讨论与分析 | | 9 | | 第四节 | ...