Group 1 - The company Changying Precision announced that its robot intelligent manufacturing industrial park located in Yanshan Street, Baoan District, Shenzhen, is expected to be operational in the fourth quarter of this year [1] - Approximately 60,000 square meters of the factory space will be dedicated to the production of humanoid robot-related products [1]

Core Viewpoint - The company, Changying Precision (300115), emphasizes its competitive advantage in the precision mold industry, leveraging its extensive experience and capabilities to serve the humanoid robot sector effectively [1] Group 1: Company Strengths - The company has a workforce of over 2,000 in its mold department, including approximately 500 engineers with over 15 years of experience and more than 1,000 with over 10 years of experience, showcasing its strong industry expertise [1] - The company utilizes its precision mold processing approach to manufacture precision components for humanoid robots, achieving high yield rates and high customer satisfaction [1] Group 2: Service Capabilities - The company offers one-stop processing capabilities for both metal and non-metal materials, along with product development and production capabilities for components [1] - This comprehensive service model allows the company to provide optimization and cost-reduction suggestions to clients in the early stages of humanoid robot development, positioning it advantageously in the embodied intelligence industry [1]

证券日报网讯 12月17日，长盈精密（300115）在互动平台回答投资者提问时表示，公司布局人形机器 人领域已经超过10年，目前公司在人形机器人业务上供应给客户的料号超过1000个，且还在继续增长 中。公司能够为人形机器人的传动件、结构件、执行器、传感器、变速齿轮、线束、电机等提供核心零 部件，且已实现为海内外人形机器人客户开发如铝合金、镁合金、钛合金等金属材料，PEEK、IGUS等 工程塑料，以及橡胶、硅胶、尼龙、纤维织布等多种材料的零件，涵盖CNC、3D打印、压铸、注塑、 滚齿、热压等多种成型工艺。公司的项目集中在灵巧手上的传动件，正逐步增加至大尺寸的传动件。 ...

Core Insights - The company, Changying Precision, has over 10 years of experience in the humanoid robot sector and has developed a comprehensive processing capability for various materials [1] - The core processing equipment has achieved a stable precision of 2 micrometers (±0.002mm), ensuring the ability to work with lightweight materials and complex structures [1] Material Processing Capabilities - The company has established a one-stop processing capability for both metal and non-metal materials, including aluminum alloys, magnesium alloys, titanium alloys, and various engineering plastics such as PEEK and IGUS [1] - The range of materials also includes rubber, silicone, nylon, and fiber fabrics, utilizing multiple forming processes like CNC, 3D printing, die casting, injection molding, gear hobbing, and hot pressing [1] Development and Optimization - The company possesses extensive experience in the development and processing of components, allowing it to engage with humanoid robot clients during the initial design phase [1] - It provides reasonable optimization suggestions through a combination of scientific design, material selection, and advanced manufacturing processes, achieving optimal weight while ensuring structural strength and functionality [1]

格隆汇12月18日丨长盈精密(300115.SZ)在互动平台表示，公司产品可应用于便携式卫星通讯接收站。 ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [1] Core Insights - The company is accelerating the production capacity of humanoid robots and has secured multiple mass production orders from both domestic and international brands. As of the end of August, the value of humanoid robot structural components delivered exceeded 80 million yuan, with over 400 part numbers supplied to clients [4] - The company's new energy business, which includes core products such as power battery structural components and charging pile components, is progressing steadily. New production bases have been established in various provinces, ensuring stable supply to key clients like CATL [5] - Revenue projections for the company are 18.07 billion yuan in 2025, 21.01 billion yuan in 2026, and 24.00 billion yuan in 2027, with net profits expected to be 650 million yuan, 950 million yuan, and 1.30 billion yuan respectively, maintaining a "Buy" rating [6] Company Overview - The latest closing price of the company's stock is 36.19 yuan, with a total market capitalization of 49.3 billion yuan and a circulating market value of 49.1 billion yuan. The company has a debt-to-asset ratio of 58.7% and a price-to-earnings ratio of 60.32 [3]

Capital Operations - Shen Cheng Jiao plans to raise no more than 1.8 billion yuan through a private placement for the research and large-scale application of low-altitude and autonomous driving intelligent transportation equipment and related projects [2] - Ding Gu Ji Chuang's invested company Hang Ju Technology has developed the WS series flexible reusable thermal protection materials, which have been applied to the Blue Arrow Aerospace Zhuque-3 rocket body [2] - Zhen You Technology has ongoing ground core network development projects in both high-orbit and low-orbit satellite communication fields [2] Investment and Operations - Zhongjin Company plans a stock swap merger with Dongxing Securities and Xinda Securities, with stock trading resuming on December 18 [1] - Beiqi Blue Valley aims to continue developing L3 models in the mid-to-high-end brand segment, with some L3 model products currently in the development stage [1] - Xingmin Zhitong's communication domain controller is currently being used in L3 and L4 autonomous vehicles, including Robotaxi and unmanned logistics vehicles [1] Contracts and Collaborations - Pudong Construction's subsidiary recently won contracts totaling 1.649 billion yuan [1] - China Duty Free Group's wholly-owned subsidiary signed a contract for the transfer of duty-free store project operating rights, planning to invest 102 million yuan to establish a joint venture with Shanghai Airport [1] - Shanghai Airport signed a contract with Dufry and China Duty Free Group for the transfer of duty-free store project operating rights, with Dayang Shanghai not renewing the contract [1] - China CRRC and its subsidiaries recently signed contracts totaling 53.31 billion yuan, with wind power and energy storage equipment sales contracts amounting to approximately 16.65 billion yuan [1] Performance - China Nuclear Construction reported a cumulative operating income of 92.03 billion yuan by November 2025 [4] Share Buybacks - Shibao Testing's executives plan to increase their holdings of company shares by 8 million to 12 million yuan [4]

（文章来源：证券日报） 证券日报网讯 12月17日，长盈精密在互动平台回答投资者提问时表示，公司在机器人领域已经布局超 过10年，能够为人形机器人的传动件、结构件、执行器、传感器、变速齿轮、线束、电机等提供核心零 部件，且已实现为海内外人形机器人客户开发如铝合金、镁合金、钛合金等金属材料，PEEK、IGUS等 工程塑料，以及橡胶、硅胶、尼龙、纤维织布等多种材料的零件，涵盖CNC、3D打印、压铸、注塑、 滚齿、热压等多种成型工艺。公司的项目集中在灵巧手上的传动件，正逐步增加至大尺寸的传动件。 ...

长盈精密在互动平台回答投资者提问时表示，公司与摩尔线程尚未有业务合作。 ...

证券日报网讯12月17日，长盈精密（300115）在互动平台回答投资者提问时表示，公司将密切关注行业 趋势，根据各项业务的具体发展阶段规划研发投入的重点。 ...