Group 1 - The stock of Sileck fell by 5.18% to 16.48 CNY per share, with a trading volume of 377 million CNY and a turnover rate of 3.44%, resulting in a total market capitalization of 10.686 billion CNY [1] - Sileck Precision Equipment Co., Ltd. specializes in the research, design, production, and assembly of equipment for metal packaging products, including high-speed easy-open lids and cans, with its main business revenue composition being 67.48% from battery shell business, 11.43% from high-speed production equipment for easy-open lids, and 7.59% from high-speed production equipment for cans [1] Group 2 - Xinyuan Fund holds a significant position in Sileck, with its Xinyuan Growth-Driven Stock Initiation A Fund (017726) owning 31,400 shares, accounting for 4.76% of the fund's net value, making it the fourth-largest holding [2] - The Xinyuan Growth-Driven Stock Initiation A Fund was established on April 27, 2023, with a latest scale of 8.6559 million CNY, achieving a year-to-date return of 24.64% and a one-year return of 53.02% [2]

Core Insights - Sileck Robotics has made breakthroughs in the research and development of core components, continuously improving its business layout [1] - The company has a research team with over 20 years of experience in ultra-thin metal processing, utilizing unique raw materials and cold stamping processes to enhance material utilization and simplify manufacturing [1] - A wholly-owned subsidiary, Sileck Robotics, was established on February 11, 2025, to focus on the R&D of precision components for humanoid robot joint drives [1] Market Potential - It is estimated that by 2030, the demand for humanoid robots in the manufacturing and home service industries in China and the U.S. will reach approximately 2.1 million units, representing a market space of about 314.6 billion RMB [1] - Harmonic reducers are critical components for humanoid robots, and with the mass production of robots, demand is expected to surge, creating a new growth curve for the company's production line of harmonic reducer components [1] Technological Advancements - The company aims to leverage its expertise in ultra-precision metal processing and ultra-thin metal forming to develop precision components for humanoid robot joint drives, offering customers a new low-cost, high-quality technological solution [1] - Plans are in place to invest in a production line for key components of harmonic reducers in OKL, providing low-cost components such as flexible wheels and rigid wheels to serve the global market [1] Investment Rating - The company maintains a "Buy" rating based on its growth potential and advancements in technology [1]

Core Viewpoint - Suzhou Sileck Precision Equipment Co., Ltd. reported a total revenue of 920.41 million yuan for the first half of 2025, a year-on-year increase of 37.62%, but a net profit attributable to shareholders of the listed company of -20.27 million yuan, a year-on-year decrease of 214.98% due to increased costs from asset investment and revenue growth despite strong performance in the battery shell business [1][2]. Group 1: Financial Performance - The total revenue for the first half of 2025 was 920.41 million yuan, reflecting a 37.62% increase year-on-year [1]. - The net profit attributable to shareholders was -20.27 million yuan, marking a 214.98% decrease year-on-year [1]. - The battery shell business generated revenue of 621.13 million yuan, a 53.99% increase year-on-year, with improving gross margins [1][2]. Group 2: Business Development - The battery shell business is expanding due to technological advantages, maintaining double-digit revenue growth [2]. - Collaborations with major clients like CATL and new partnerships, including a memorandum of understanding with Dongwon Systems, aim to establish a joint venture for battery shell operations in the U.S. and Europe [2][3]. - The traditional can/cap industry is recovering, with new product developments such as disposable aluminum cups and a strategic cooperation agreement with Aorikin, projected to involve 500 million yuan over five years [2][3]. Group 3: Future Outlook - The company expects improved gross margins for the battery shell business in the second half of the year, supported by existing contracts [3]. - The company has made significant advancements in the development of harmonic reducer flexible wheels, enhancing its capabilities in ultra-precision metal processing [2][3]. - The partnership with Dongwon Systems will focus on battery shell operations in North America and Europe, utilizing DWI and DRD technologies for production [3].

Financial Performance - In the first half of 2025, the company achieved total revenue of 920.41 million yuan, an increase of 37.62% compared to the same period last year [2] - The net profit attributable to shareholders was -20.27 million yuan, a decrease of 214.98% year-on-year [2] - The battery shell business generated revenue of 621.13 million yuan, a year-on-year growth of 53.99% [2] Business Development - The company is expanding its market share through technological advantages, maintaining double-digit growth in the battery shell business [3] - Collaborations with major clients such as CATL, Yiwei Lithium Energy, and Ganfeng Lithium are ongoing, with a new partnership established with Yantai Lihua Power Technology [3] - A memorandum of understanding was signed with Dongwon Systems Corporation to form a joint venture for battery shell business in the US and Europe [3][7] Product Innovation - The traditional can/cover industry is showing signs of recovery, prompting the development of new products like disposable aluminum cups [4] - A strategic cooperation agreement with Aorikin was signed, involving an estimated investment of 500 million yuan for new production lines and technology services [4][7] - Significant breakthroughs were made in the research and development of harmonic reducer flexible wheels, enhancing the application of precision metal processing technology [4][6] Future Outlook - The company anticipates improved performance in the second half of 2025, driven by scale effects and better margins in the battery shell business [5] - The traditional can/cover business is expected to perform better in the second half of the year, supported by existing contracts [5] - The joint venture with Dongwon Systems Corporation aims to enhance competitiveness in the overseas battery shell market [7]

Core Viewpoint - Sileck (300382) reported a significant increase in revenue but a substantial decline in net profit for the first half of 2025, indicating challenges in profitability despite revenue growth [1][2]. Financial Performance - Total revenue reached 920 million yuan, a year-on-year increase of 37.62% [1]. - Net profit attributable to shareholders was -20.27 million yuan, a year-on-year decrease of 214.98% [1]. - In Q2, revenue was 388 million yuan, up 19.35% year-on-year, while net profit was -31.85 million yuan, a decline of 1058.47% [1]. Profitability Metrics - Gross margin stood at 15.72%, down 21.36% year-on-year [1]. - Net margin was -4.44%, a decrease of 351.61% year-on-year [1]. - Total selling, administrative, and financial expenses amounted to 159 million yuan, accounting for 17.26% of revenue, a decrease of 13.92% year-on-year [1]. Cash Flow and Equity - Earnings per share were -0.03 yuan, a decrease of 200.0% year-on-year [1]. - Operating cash flow per share was 0.08 yuan, an increase of 68.06% year-on-year [1]. - Book value per share was 3.49 yuan, up 2.11% year-on-year [1]. Historical Performance - The company's historical median Return on Invested Capital (ROIC) over the past decade was 8.27%, with the worst year being 2024 at -2.88% [2]. - The company has reported a loss in one of the ten annual reports since its listing, indicating a need for further investigation into underlying causes [2]. Financial Health Indicators - Cash flow situation is concerning, with cash and cash equivalents to current liabilities at only 38.11% and a negative average operating cash flow to current liabilities ratio of -0.87% over the past three years [2]. - Debt situation is also a concern, with interest-bearing debt ratio at 31.74% and negative average operating cash flow over the past three years [2]. - Financial expenses have been negative in recent years, indicating potential liquidity issues [2]. Investment Interest - The company is held by a prominent fund manager, Yan Siqian from Penghua Fund, who has recently increased holdings, suggesting potential confidence in the company's future performance [2].

Group 1 - The core point of the article is that Sileck (SZ 300382) held its sixth board meeting on August 27, 2025, to review the semi-annual report and summary for 2025 [1] - For the first half of 2025, Sileck's revenue composition was as follows: battery shell business accounted for 67.48%, specialized equipment manufacturing accounted for 29.48%, and other businesses accounted for 3.04% [1]

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。 苏州斯莱克精密设备股份有限公司 2025 年半年度报告于 2025 年 8 月 29 日 在 中 国 证 券 监 督 管 理 委 员 会 指 定 创 业 板 信 息 披 露 网 站 巨 潮 资 讯 网 （http://www.cninfo.com.cn）上披露，敬请投资者注意查阅。 证券代码：300382 证券简称：斯莱克 公告编号：2025-076 苏州斯莱克精密设备股份有限公司 2025年半年度报告披露提示性公告 特此公告。 苏州斯莱克精密设备股份有限公司董事会 2025 年 8 月 29 日 ...

苏州斯莱克精密设备股份有限公司 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 | 编制单位：苏州斯莱克精密设备股份有限公司 | | | | | | | | | | 金额单位：人民币元 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 非经营性资金占用 | 资金占用方名称 | 占用方与上市公司 | 上市公司核算的 | 2025年期初占用资 | 2025上半年占用累计 | 2025上半年占用资 | 2025上半年偿还 | 2025年6月30日占用 | 占用形成原 | | | | | 的关联关系 | 会计科目 | 金余额 | 发生金额（不含利 息） | 金的利息（如有） | 累计发生额 | 资金金额 | 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 | | | | | | ...

证券代码：300382 证券简称：斯莱克 公告编号：2025-081 苏州斯莱克精密设备股份有限公司 2025年半年度募集资金存放与使用情况的专项报告 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。 | 项目 | 金额 | | --- | --- | | 划入专户的募集资金净额 | 380,418,113.20 | | 减：至报告期累计使用募集资金 | 386,749,924.33 | | 其中：置换预先已投入募集资金项目自筹资金 | 11,191,831.75 | | 直接投入募投项目的金额 | 261,109,522.33 | | 永久补充流动资金 | 114,448,570.25 | | 减：闲置募集资金临时补充流动资金 | 0.00 | | 使用闲置募集资金进行现金管理 | 0.00 | | 加：利息收入扣除手续费净额 | 1,157,544.13 | | 加：闲置募集资金现金管理收益 | 7,227,949.39 | | 2025 年 6 月 30 日募集资金专户余额 | 2,053,682.39 | | 加：闲置募集资金进行现金管理余额 | 0.0 ...

本公司及监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、监事会会议召开情况： 苏州斯莱克精密设备股份有限公司（以下简称"公司"）第六届监事会第九 次会议于 2025 年 8 月 27 日上午 11:30 时在公司会议室以现场方式召开，会议通 知已于 2025 年 8 月 15 日以邮件、电话、书面等方式送达给各位监事，本次会议 应出席监事 3 名，实际出席监事 3 名。本次会议由监事会主席钱蕾女士召集主持， 董事会秘书列席本次会议。本次会议的召集、召开和表决程序符合《公司法》及 《公司章程》的规定，表决所形成决议合法、有效。 二、监事会会议审议情况： （一）审议通过了《关于公司 2025 年半年度报告及摘要的议案》 证券代码：300382 证券简称：斯莱克 公告编号：2025-078 苏州斯莱克精密设备股份有限公司 第六届监事会第九次会议决议公告 经审核，监事会认为：董事会编制和审核公司《2025 年半年度报告及摘要》 的程序符合法律、行政法规、中国证监会和深圳证券交易所的规定，报告内容真 实、准确、完整地反映了公司 2025 年上半年度经营的实际情况，不存在任何 ...