证券代码：300652 证券简称：雷迪克 公告编号：2025-034 杭州雷迪克节能科技股份有限公司 关于全资子公司使用闲置募集资金购买理财产品 到期赎回并继续购买理财产品的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 杭州雷迪克节能科技股份有限公司（以下简称"公司"）于 2025 年 4 月 2 日召开了第四届董事会第十次会议及第四届监事会第十次会议，审议通过了《关 于使用部分暂时闲置募集资金进行现金管理的议案》，同意公司及全资子公司浙 江精峰汽车部件制造有限公司（以下简称"浙江精峰"）在确保不影响募集资金 项目建设和使用、募集资金安全的情况下使用总金额不超过 12,000 万元的暂时 闲置募集资金进行现金管理，在上述额度及决议有效期内，资金可以滚动使用， 该额度自公司 2025 年第一次临时股东大会审议通过之日起 12 个月内有效，具体 内容详见公司刊登于中国证监会指定创业板信息披露网站的相关公告。 近日，浙江精峰在授权范围内使用闲置募集资金购买的理财产品部分已到期 并赎回，该事项不构成关联交易，现就有关进展情况公告如下： 1 序 号 受托方 产品名称 ...

Core Insights - The humanoid robot industry is experiencing rapid development, attracting significant investment interest due to the acceleration of research and development by major companies [1][3] - The humanoid robot concept index saw a substantial increase of 3.69% on May 12, with a cumulative rise of 26.74% since April 9, indicating strong market momentum [1] - Analysts predict that 2025 will mark a pivotal year for the humanoid robot industry, presenting substantial opportunities for industrial upgrades [1][4] Investment Opportunities - Multiple favorable factors are converging, with several stocks in the humanoid robot sector experiencing significant gains, such as TuoSiDa with a 20% limit-up and others like LeDiKe and TongLiKe exceeding 10% [1] - Companies like Yushun Technology are reporting high demand for orders, with many firms experiencing a surge in business due to the growing market interest and supportive national policies [1][2] - A strategic partnership between Huawei and UBTECH aims to enhance humanoid robot technology and applications, leveraging Huawei's AI infrastructure and UBTECH's expertise [1] Industry Performance - In Q1 2025, 70.64% of the 109 companies in the humanoid robot concept index reported revenue growth, with notable performances from companies like Huichuan Technology, Shuanglin Co., and Allwinner Technology [2] - Huichuan Technology reported a revenue of 8.978 billion with a year-on-year growth of 38.28%, while Shuanglin Co. and Allwinner Technology also showed impressive growth rates [2] Market Projections - The humanoid robot market is projected to reach a demand of approximately 2.1 million units by 2030, with a market space of around 314.6 billion [4] - Key components such as dexterous hands and planetary roller screws are expected to have a market space of 102.2 billion by 2030, highlighting the importance of core parts in the industry [4] Strategic Focus Areas - Analysts suggest focusing on companies with strong order visibility and clear growth trajectories, as well as core component suppliers that are essential to the humanoid robot ecosystem [5] - There is an emphasis on identifying scarce resources in the market, particularly in areas like dexterous hands and sensors, which are critical for the advancement of humanoid robots [5]

Investment Rating - The report assigns a "Buy" rating for the company, marking its first coverage [6]. Core Insights - The company is a leading supplier of automotive bearings in China, with a significant shift towards the OEM market, indicating a growth inflection point. The integration of robotics and the acquisition of a screw manufacturing company are expected to enhance its market position [6][8]. - The company anticipates substantial revenue growth, with projected net profits of 156 million, 194 million, and 237 million yuan for 2025, 2026, and 2027 respectively, reflecting a corresponding PE ratio decline from 48.6 to 32.1 times [6][8]. Summary by Sections 1. Automotive Bearing Supplier and OEM Market Expansion - The company has established long-term partnerships with major clients such as SKF and Xiaopeng, focusing on hub bearings and cone bearings [6][16]. - The transition from the aftermarket (AM) to the OEM market is expected to drive significant growth, with a projected increase in sales volume from 123,000 units in 2019 to 677,000 units in 2024, achieving a CAGR of 41% [28][33]. 2. Synergy Between Bearing and Screw Manufacturing - The manufacturing processes for bearings and screws share significant similarities, allowing the company to leverage its existing capabilities to enter the high-end screw market [7][40]. - The company plans to acquire a precision screw manufacturer to enhance its product offerings and integrate its supply chain [8][40]. 3. Strategic Positioning in the Humanoid Robot Sector - The company aims to establish a subsidiary focused on humanoid robotics, anticipating a market expansion worth 230 billion yuan as production scales up [8][19]. - The automotive screw market is projected to reach 460 billion yuan by 2030, further emphasizing the company's strategic positioning in high-growth areas [8][19]. 4. Financial Projections and Valuation Metrics - Revenue is expected to grow from 652 million yuan in 2023 to 2,039 million yuan by 2027, with a year-on-year growth rate peaking at 50.6% in 2025 [8][12]. - The company's gross margin is projected to remain above 30%, with net profit margins expected to stabilize as operational efficiencies improve [35][38].

Investment Rating - The report assigns a "Buy" rating for the company, marking its first coverage [6]. Core Insights - The company is a leading supplier of automotive bearings in China, with a significant shift towards the OEM market, indicating a growth inflection point. The integration of robotics and the acquisition of a precision screw company are expected to enhance its market position [6][8]. Summary by Sections 1. Automotive Bearing Supplier and OEM Market Expansion - The company has over 20 years of experience in the automotive bearing sector, collaborating with major clients like SKF and Xiaopeng [6][16]. - The transition from the aftermarket (AM) to the OEM market has been successful, with a notable increase in sales volume from 123,000 units in 2019 to 677,000 units in 2024, reflecting a CAGR of 41% [28][33]. 2. Synergy Between Bearing and Screw Production - The manufacturing processes for bearings and screws share significant similarities, allowing the company to leverage its existing capabilities to enter the high-end screw market [7][52]. - The company plans to acquire a precision screw manufacturer to enhance its product offerings in the robotics sector, targeting a market size of 230 billion yuan for screws used in humanoid robots [8][10]. 3. Strategic Layout in Humanoid Robotics - The company aims to integrate resources in the robotics industry by establishing a subsidiary focused on humanoid robots, which is expected to open up a substantial market opportunity [8][10]. - The projected market size for automotive screws is estimated to reach 460 billion yuan by 2030, driven by the increasing demand for electric vehicles and robotics [8][10]. 4. Financial Forecast and Valuation Metrics - The company anticipates a significant increase in revenue, with projected figures of 1.56 billion yuan, 1.94 billion yuan, and 2.37 billion yuan for the years 2025, 2026, and 2027 respectively, reflecting year-on-year growth rates of 50.6%, 38.4%, and 32.1% [8][12]. - The current market valuation corresponds to a price-to-earnings (P/E) ratio of 48.6, 39.1, and 32.1 for the years 2025, 2026, and 2027 respectively [8][12].

Market Overview - On April 29, the Shanghai Composite Index experienced fluctuations, with a total trading volume of 1.04 trillion yuan in A-shares; over 3,500 stocks closed higher, including 76 stocks that hit the daily limit [1] - Industries such as beauty care, plastic products, chemical products, and automotive parts saw gains exceeding 2% [1] Historical Highs - A total of 19 stocks reached historical closing highs, excluding newly listed stocks from the past year; notable industries include food and beverage, automotive, and beauty care, each contributing three stocks to the list [2] - The average increase for stocks that reached historical highs was 7.43%, with stocks like Xinchao New Materials (301076) and Zhongqi New Materials (001212) hitting the daily limit [2] Top Gainers - The top gainers among stocks that reached historical highs included: - Xinchao New Materials (301076) with a closing price of 41.17 yuan and a daily increase of 19.99% - Leidi Ke (300652) with a closing price of 73.97 yuan and an increase of 18.54% - United Chemical (301209) with a closing price of 98.00 yuan and an increase of 18.19% [3] Institutional Trading - On April 29, six stocks saw institutional net purchases exceeding 10 million yuan, with Daye Co., Ltd. (300879) leading at 44.54 million yuan [4] - Conversely, seven stocks experienced net sales over 10 million yuan, with Shaoyang Hydraulic (301079) facing the highest net sell-off at 52.17 million yuan [4] Northbound Capital - Among the stocks with significant northbound capital activity, Liou Co., Ltd. (002131) and Bochuang Technology (300548) received net purchases exceeding 40 million yuan [6][7] - Stocks that saw net sales included Dongfang Tong (300379) and Zhongxin Tourism (002707) [6]

雷迪克（300652）发布股价异动公告，公司未开展任何机器人相关业务，不存在行星滚柱丝杠相关产 品。誊展精密收购事项的审计和评估工作仍在进行中，尚未签署正式的收购协议，该事项尚存在不确定 性，敬请广大投资者注意投资风险，理性投资。 ...

Group 1 - The company, 雷迪克, announced that it has not engaged in any robotics-related business and does not have any products related to planetary roller screws [1] - The stock price of 雷迪克 has experienced an abnormal fluctuation, with a cumulative increase of 35.75% over three consecutive trading days [1] - The audit and evaluation work for the acquisition of 誊展精密 is still ongoing, and no formal acquisition agreement has been signed, indicating uncertainty regarding this matter [1]

证券代码：300652 证券简称：雷迪克 公告编号：2025-033 杭州雷迪克节能科技股份有限公司 关于公司股价异常波动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： 2025 年 4 月 25 日、2025 年 4 月 28 日、2025 年 4 月 29 日，公司连续三个 交易日收盘价格涨幅偏离值累计达 35.75%，根据深圳证券交易所相关规定，属 于股票交易异常波动的情形。 截至本公告日，公司未开展任何机器人相关业务，不存在行星滚柱丝杠相关 产品。誊展精密收购事项的审计和评估工作仍在进行中，尚未签署正式的收购协 议，该事项尚存在不确定性，敬请广大投资者注意投资风险，理性投资。 一、股票交易异常波动情况 杭州雷迪克节能科技股份有限公司（以下简称"公司"）股票于 2025 年 4 月 25 日、2025 年 4 月 28 日、2025 年 4 月 29 日连续三个交易日收盘价格涨幅 偏离值累计超过 30%，根据深圳证券交易所相关规定，属于股票交易异常波动的 情况。 二、公司关注并核实情况的说明 针对公司股票异常波动情况，公司董事会对有关 ...

Group 1 - The company reported Q1 2025 total revenue of 186 million, a year-on-year increase of 23.55%, and a net profit attributable to shareholders of 35 million, up 6.22% year-on-year [1] - The gross margin for Q1 2025 was 30.82%, a decrease of 4.67 percentage points year-on-year, while the sales expense ratio decreased by 0.71% and the management expense ratio was 9.02%, down 0.07 percentage points year-on-year [1] - The company plans to acquire 51% of Shenzhen Tengzhan Precision through equity transfer and cash increase, which is expected to enhance cost reduction in the screw rod business and expand into automotive screw rods, thereby increasing the per-vehicle value of supporting products [1] Group 2 - Revenue projections for the company are estimated to reach 1.101 billion, 1.510 billion, and 1.824 billion for 2025, 2026, and 2027 respectively, with net profits attributable to shareholders expected to be 149 million, 189 million, and 227 million for the same years [2] - The corresponding price-to-earnings ratios (PE) are projected to be 42.85, 33.79, and 28.23 for 2025, 2026, and 2027 respectively, maintaining a "buy" rating [2]

Financial Performance - The company reported a basic earnings per share of 0.34 yuan for Q1 2025, representing a 6.25% increase compared to 0.32 yuan in Q1 2024 and a significant increase from 0.16 yuan in Q1 2023 [1] - The total revenue for Q1 2025 was 1.86 billion yuan, which is a 23.18% increase from 1.51 billion yuan in Q1 2024 and an increase from 1.28 billion yuan in Q1 2023 [1] - The net profit for Q1 2025 was 0.35 billion yuan, showing a 6.06% increase from 0.33 billion yuan in Q1 2024 and a rise from 0.17 billion yuan in Q1 2023 [1] - The return on equity (ROE) for Q1 2025 was 2.48%, slightly up from 2.46% in Q1 2024 and significantly higher than 1.34% in Q1 2023 [1] Shareholder Structure - The top ten unrestricted shareholders collectively hold 48.18 million shares, accounting for 52.3% of the circulating shares, with a decrease of 1.9025 million shares compared to the previous period [1] - The largest shareholder, Hangzhou Kejian Holdings Co., Ltd., holds 20.5167 million shares, representing 22.28% of the total share capital, with no change in its holdings [2] - New entrants among the top shareholders include Lin Guiping, Ye Shuchang, and Chen Yafen, while several previous shareholders have exited the top ten list [2] Dividend Policy - The company has decided not to distribute dividends or allocate bonus shares this time [3]