国金证券研报指出，兆威机电深耕微型驱动领域20余年，形成领先的技术和经验平台。公司长期耕耘模 数小于1mm的细分领域，形成了小传动产品的技术和经验平台。核心掌握注塑工艺、铁粉烧结、金属 注射成型（MIM）、机加工金属四大工艺，具备了大批量生产小型、精密、具备复杂三维几何形状及 特殊要求的金属零部件。公司以零件、传动和控制三大BU为基础，打造一体化微型驱动系统解决方 案。考虑到公司业务兼具稳健性与成长性，且机器人灵巧手技术积累和客户拓展领先，因此给予其100 倍PE估值，对应目标价155.6元。首次覆盖，给予"买入"评级。 ...

Investment Rating - The report initiates coverage with a "Buy" rating and sets a target price of 155.6 RMB based on a 100x PE valuation [4]. Core Insights - The company has over 20 years of experience in the micro-drive sector, establishing a leading technology and experience platform, focusing on components with dimensions less than 1mm [2]. - The integrated micro-drive system market is expected to reach 204.9 billion RMB by 2029, with a CAGR of 13.3%, and a domestic CAGR of 17.3% [2]. - The automotive electronics segment is a significant revenue driver, contributing 62.9% of total revenue in the first three quarters of 2025 [3]. - The company is expanding its product offerings in the robotics sector, particularly in dexterous hands, which have a high value proportion [3]. Summary by Sections Company Overview - The company has been deeply involved in the micro-drive system industry since its establishment in 2001, initially supplying precision components to major clients like Panasonic and Nikon [14]. - The company has a concentrated and stable shareholding structure, with the actual controller holding 18.18% directly and controlling entities holding a combined 45.7% [18]. - The business is segmented into three main areas: micro-drive systems, precision parts, and precision molds, with micro-drive systems being the primary revenue contributor [21][22]. Market Potential - The integrated micro-drive and drive system market has high technical barriers and broad downstream applications, with significant growth potential in smart automotive and robotics sectors [2][39]. - The global market for integrated micro-drive systems is projected to grow from 782 billion RMB in 2020 to 2049 billion RMB by 2029, with a CAGR of 13.3% [48]. - The company ranks fourth globally in the integrated micro-drive system market, with a 1.4% market share, and is the leading player in China with a 3.9% market share [59]. Competitive Advantages - The company has established a vertically integrated manufacturing system that covers the entire value chain, enhancing its cost and technical barriers [61]. - It has mastered key manufacturing processes such as injection molding, powder metallurgy, and metal injection molding, allowing for high-volume production of complex metal components [63]. - The company has developed a comprehensive product matrix that caters to various high-precision industries, including automotive electronics, smart medical devices, and robotics [22][66]. Financial Projections - Revenue is projected to reach 18.8 billion RMB in 2025, with a year-on-year growth of 23%, and net profit is expected to be 2.77 billion RMB, also reflecting a 23% increase [4]. - The company has maintained a stable gross margin of around 30% over the past five years, with revenue growth driven primarily by the automotive and advanced manufacturing sectors [28].

证券日报网讯 1月14日，兆威机电在互动平台回答投资者提问时表示，公司携灵巧手产品及驱动解决方 案参加了2026年美国CES展会，并于会上推出灵巧手新品。展会期间，公司与潜在客户及合作伙伴等就 产品、技术与合作机遇进行了深入交流。 （编辑 楚丽君） ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 002176 | 江特电机 | 10.16 | -2.87% | 125.17万 | 12.92亿 | | 600416 | 湘电股份 | 16.14 | -2.77% | 68.66万 | 11.24亿 | | 300660 | 江苏音利 | 53.48 | -2.68% | 15.74万 | 8.54亿 | | 301226 | 祥明智能 | 33.15 | -1.87% | 5.51万 | 1.86亿 | | 603370 | 华新精科 | 46.97 | -1.70% | 2.56万 | 1.21亿 | | 000922 | 佳电股份 | 14.12 | -1.67% | 20.53万 | 2.93亿 | | 600580 | 卧龙电驱 | 46.13 | -1.64% | 107.46万 | 50.12亿 | | 002196 | 方正电机 | 14.78 | -1.53% | 76.86万 | 11.49亿 | | 603728 | 鸣 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：003021 证券简称：兆威机电 公告编号：2026-001 名称：深圳前海兆威投资有限公司 统一社会信用代码：91440300326652578T 注册资本：1,000万元 类型：有限责任公司 成立日期：2015年03月03日 法定代表人：谢燕玲 深圳市兆威机电股份有限公司 关于控股股东变更名称及其他工商信息暨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。 深圳市兆威机电股份有限公司（以下简称"公司"）于近日收到控股股东深圳前海兆威金融控股有限公司 的通知，其对名称、经营范围的工商信息进行了变更，并已完成工商变更登记手续，取得了由深圳市市 场监督管理局换发的《营业执照》。变更后的《营业执照》主要信息如下： 住所：深圳市前海深港合作区南山街道梦海大道5033号前海卓越金融中心（一期）8号楼1207 经营范围：投资兴办实业（具体项目另行申报）；自有物业租赁；国内贸易（不含专营、专卖、专控商 品）；经营进出口业务（法律、行政法规、国务院决定禁止的项目除外，限制的项目须取得许可后方可 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 关于控股股东变更名称及其他工商信息暨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。 深圳市兆威机电股份有限公司（以下简称"公司"）于近日收到控股股东深圳前海兆威金融控股有限公司 的通知，其对名称、经营范围的工商信息进行了变更，并已完成工商变更登记手续，取得了由深圳市市 场监督管理局换发的《营业执照》。变更后的《营业执照》主要信息如下： 名称：深圳前海兆威投资有限公司 统一社会信用代码：91440300326652578T 注册资本：1,000万元 类型：有限责任公司 成立日期：2015年03月03日 证券代码：003021 证券简称：兆威机电 公告编号：2026-001 深圳市兆威机电股份有限公司 经营范围：投资兴办实业（具体项目另行申报）；自有物业租赁；国内贸易（不含专营、专卖、专控商 品）；经营进出口业务（法律、行政法规、国务院决定禁止的项目除外，限制的项目须取得许可后方可 经营）。企业管理咨询；以自有资金从事投资活动。（除依法须经批准的项目外，凭营业执照依法自主 开展经营活动） 公 ...

（文章来源：证券日报） 证券日报网讯 1月13日，兆威机电发布公告称，公司于近日收到控股股东深圳前海兆威金融控股有限公 司的通知，其对名称、经营范围的工商信息进行了变更，并已完成工商变更登记手续，取得了由深圳市 市场监督管理局换发的《营业执照》。 ...

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。 深圳市兆威机电股份有限公司（以下简称"公司"）于近日收到控股股东深 圳前海兆威金融控股有限公司的通知，其对名称、经营范围的工商信息进行了变 更，并已完成工商变更登记手续，取得了由深圳市市场监督管理局换发的《营业 执照》。变更后的《营业执照》主要信息如下： 名称：深圳前海兆威投资有限公司 统一社会信用代码：91440300326652578T 证券代码：003021 证券简称：兆威机电 公告编号：2026-001 深圳市兆威机电股份有限公司 关于控股股东变更名称及其他工商信息暨完成工商变更登 记的公告 注册资本：1,000 万元 类型：有限责任公司 成立日期：2015 年 03 月 03 日 法定代表人：谢燕玲 深圳市兆威机电股份有限公司 住所：深圳市前海深港合作区南山街道梦海大道 5033 号前海卓越金融中心 （一期）8 号楼 1207 经营范围：投资兴办实业（具体项目另行申报）；自有物业租赁；国内贸易 （不含专营、专卖、专控商品）；经营进出口业务（法律、行政法规、国务院决 定禁止的项目除外，限制的项目须取得许可 ...

Core Viewpoint - Zhaowei Electric's stock price has shown a modest increase this year, with significant growth over the past 20 days, indicating positive market sentiment towards the company and its operations [2]. Group 1: Stock Performance - As of January 12, Zhaowei Electric's stock price decreased by 2.03% to 126.32 CNY per share, with a trading volume of 256 million CNY and a turnover rate of 0.96%, resulting in a total market capitalization of 30.406 billion CNY [1]. - Year-to-date, Zhaowei Electric's stock has risen by 1.72%, with a 3.41% increase over the last five trading days, a 19.37% increase over the last 20 days, and a 6.03% increase over the last 60 days [2]. Group 2: Company Overview - Zhaowei Electric, established on April 19, 2001, and listed on December 4, 2020, is located in Shenzhen, Guangdong Province. The company specializes in the research, production, and sales of micro transmission systems, precision injection parts, and precision molds [2]. - The revenue composition of Zhaowei Electric includes micro transmission systems (63.25%), precision parts (30.44%), and precision molds and other products (6.31%) [2]. - The company operates within the electric equipment sector, specifically in motor categories, and is associated with concepts such as BYD, new energy vehicles, reducers, charging piles, and robotics [2]. Group 3: Financial Performance - For the period from January to September 2025, Zhaowei Electric achieved a revenue of 1.255 billion CNY, representing a year-on-year growth of 18.70%. The net profit attributable to shareholders was 181 million CNY, reflecting a year-on-year increase of 13.86% [2]. - Since its A-share listing, Zhaowei Electric has distributed a total of 333 million CNY in dividends, with 192 million CNY distributed over the past three years [3]. Group 4: Shareholder Information - As of September 30, 2025, Zhaowei Electric had 51,000 shareholders, a decrease of 8.28% from the previous period, with an average of 4,066 circulating shares per shareholder, an increase of 9.63% [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 3.4455 million shares, an increase of 1.6249 million shares from the previous period. New entrants include the E Fund National Robot Industry ETF, holding 2.775 million shares [3].

当地时间1月6日，被誉为"科技界春晚"的2026年国际消费电子展（CES 2026）在美国拉斯维加斯正式启 幕。作为全球科技产业的风向标，本届展会以"以人为本的AI实际应用"为核心主题，吸引了来自150多 个国家的4500余家企业参展，其中中国企业达207家，展现了强劲的产业竞争力。在这场全球科技盛宴 中，兆威机电旗下专注灵巧手领域的子品牌ZWHAND首次亮相，以"微型传动+灵巧手生态"为核心主 题，在北馆N1.8153展位全球首发20自由度灵巧手新品，向全球市场展现了中国机器人核心部件的技术 突破，成为国产替代浪潮中极具标志性的亮相。 核心展品重磅首发：20自由度灵巧手打破外资垄断格局 本次ZWHAND参展的核心亮点，无疑是全球首发的20自由度灵巧手（ZWHAND B20）。据现场展示信 息，该灵巧手具备20个独立运动自由度，显著高于行业主流的6-15自由度水平，可精准完成复杂动作， 负载能力更是达到5kg，同时依托高性能的触觉传感器，能实现±0.1N的力觉感知阈值，确保精密操作 的准确性。 为直观呈现灵巧手技术性能与产业适配性，ZWHAND展位设置核心互动体验区，直观呈现灵巧手技术 性能与产业适配性。"低 ...