Core Viewpoint - Jiangsu Leili's stock price has experienced fluctuations, with a year-to-date increase of 78.19% but a recent decline in the last five and twenty trading days [1] Group 1: Stock Performance - As of November 12, Jiangsu Leili's stock price was 47.97 yuan per share, with a market capitalization of 21.449 billion yuan [1] - The stock has seen a net outflow of 15.8465 million yuan in principal funds, with significant selling pressure compared to buying [1] - Year-to-date, the stock has risen by 78.19%, but it has dropped by 5.37% in the last five trading days and 16.02% in the last twenty days [1] Group 2: Company Overview - Jiangsu Leili Electric Co., Ltd. was established on April 29, 2006, and went public on June 2, 2017, focusing on the R&D, production, and sales of various motors and components [2] - The company's main revenue sources include stepper motors (31.65%), MA motors and components (22.70%), and DC motors (14.07%) among others [2] - As of October 31, the number of shareholders was 47,600, a decrease of 2.51% from the previous period [2] Group 3: Financial Performance - For the period from January to September 2025, Jiangsu Leili reported revenue of 3.008 billion yuan, a year-on-year increase of 21.49%, and a net profit attributable to shareholders of 265 million yuan, up 9.92% [2] - The company has distributed a total of 1.027 billion yuan in dividends since its A-share listing, with 531 million yuan distributed in the last three years [3] Group 4: Shareholder Structure - As of September 30, 2025, the top ten circulating shareholders included various funds, with notable changes in holdings among them [3] - Yongying Advanced Manufacturing Smart Selection Mixed Fund is the fourth-largest shareholder, holding 6.0507 million shares, a decrease of 132,600 shares from the previous period [3]

Core Viewpoint - The company is focusing on effectively managing its funds to support strategic development and business layout, rather than distributing dividends or acquiring related companies, which may be seen as less efficient [1][2]. Group 1 - The subsidiary Dingzhi Technology has significant idle funds, raising questions about the lack of dividends or acquisitions [1]. - The company emphasizes the importance of improving operational performance to ensure long-term and sustainable returns for shareholders [2]. - Investors are encouraged to seek further information regarding Dingzhi Technology through the relevant investor relations channels [2].

格隆汇11月10日丨江苏雷利(300660.SZ)在互动平台表示，公司已自主研发无框力矩电机产品，该产品 是公司在机器人领域核心布局的关键零部件之一。同时，公司将无框力矩电机与行星齿轮箱、编码器等 组件集成，推出集成化、智能化的线性运动模组和旋转关节模组产品，用于机器人旋转关节及线性执行 器。目前，公司无框力矩电机及关节模组产品均已实现小批量出货。 ...

Core Viewpoint - Jiangsu Leili (300660) has developed a key component for robotics, the frameless torque motor, which is essential for its core layout in the robotics sector [1] Group 1: Product Development - The company has independently developed the frameless torque motor, which is a crucial part of its robotics strategy [1] - The frameless torque motor is integrated with planetary gearboxes and encoders to create intelligent linear motion modules and rotary joint modules [1] - These products are designed for use in robotic rotary joints and linear actuators [1] Group 2: Market Activity - The company has already achieved small batch shipments of its frameless torque motor and joint module products [1]

Core Insights - The company has independently developed a frameless torque motor, which is a key component in its core layout in the robotics field [1] - The frameless torque motor is integrated with planetary gearboxes and encoders to launch integrated and intelligent linear motion modules and rotary joint modules for robotic applications [1] - The company has already achieved small batch shipments of its frameless torque motor and joint module products [1]

Group 1 - The core viewpoint of the news is that Jiangsu Leili's stock has experienced fluctuations, with a notable decline in recent trading days despite a significant year-to-date increase in stock price [1] - As of November 10, Jiangsu Leili's stock price was 49.48 yuan per share, with a market capitalization of 22.124 billion yuan [1] - The company has seen a net outflow of main funds amounting to 17.6647 million yuan, with large orders showing a higher selling volume compared to buying [1] Group 2 - Jiangsu Leili Electric Co., Ltd. was established on April 29, 2006, and went public on June 2, 2017, focusing on the research, production, and sales of various electric motors and components [2] - The company's main business revenue composition includes stepper motors (31.65%), MA motors and components (22.70%), and DC motors (14.07%) among others [2] - As of October 10, the number of shareholders increased to 51,400, with an average of 8,700 circulating shares per person [2] Group 3 - Since its A-share listing, Jiangsu Leili has distributed a total of 1.027 billion yuan in dividends, with 531 million yuan distributed in the last three years [3] - As of September 30, 2025, the top ten circulating shareholders include various funds, with notable changes in holdings among them [3]

Core Insights - The humanoid robot industry in China is experiencing significant advancements, with multiple companies showcasing innovative products and entering mass supply phases [1][2] - A complete industrial chain for humanoid robots has been established in China, with A-share listed companies making breakthroughs in various segments such as servo motors, key materials, and electronic components [1][2] Company Developments - Jiangsu Leili has formed stable orders for core components with clients and has achieved small batch shipments of products like hollow cup motors and linear motion modules in the first three quarters of the year [2] - Jinfa Technology is actively collaborating with leading clients in the robot sector for material development, supplying modified engineering plastics for various robot components [2] - Shiyun Circuit has been engaged in joint R&D with North American clients for over five years, focusing on printed circuit boards for humanoid robots, and has begun small batch supply for a domestic client [2] Application Expansion - The application of humanoid robots is expected to unfold in three stages: initial deployment in structured environments like automotive assembly lines, followed by semi-open commercial spaces, and finally, general household scenarios within 5 to 10 years [3] - 2026 is projected to be a pivotal year for the accelerated delivery scale of humanoid robots [3] Industry Challenges - Despite a clear industrial path, the humanoid robot sector faces challenges in scaling production, requiring ongoing technological innovation in both hardware and software to enhance performance and reduce costs [4]

Core Viewpoint - Jiangsu Leili Electric Co., Ltd. has experienced significant stock price fluctuations and growth in revenue and profit, indicating a dynamic market position and potential investment opportunities. Group 1: Stock Performance - On November 7, Jiangsu Leili's stock price decreased by 2.03%, trading at 51.26 CNY per share with a market capitalization of 22.92 billion CNY [1] - Year-to-date, the stock price has increased by 90.41%, but it has seen a decline of 6.53% over the last five trading days and 12.50% over the last twenty days [1] - The company has appeared on the "Dragon and Tiger List" once this year, with a net buy of 310 million CNY on February 21 [1] Group 2: Business Overview - Jiangsu Leili, established on April 29, 2006, and listed on June 2, 2017, specializes in the R&D, production, and sales of various electric motors and components [2] - The main revenue sources include stepper motors (31.65%), MA motors and components (22.70%), and DC motors (14.07%) among others [2] - The company operates within the electric equipment industry, specifically in the motor sector, and is involved in several concept sectors such as humanoid robots and automotive thermal management [2] Group 3: Financial Performance - For the period from January to September 2025, Jiangsu Leili reported a revenue of 3.008 billion CNY, reflecting a year-on-year growth of 21.49%, and a net profit of 265 million CNY, up by 9.92% [2] - The company has distributed a total of 1.027 billion CNY in dividends since its A-share listing, with 531 million CNY distributed over the last three years [3] Group 4: Shareholder Structure - As of September 30, 2025, the number of shareholders increased to 51,400, with an average of 8,700 circulating shares per person [2] - Notable shareholders include Yongying Advanced Manufacturing Mixed Fund and Huaxia CSI Robot ETF, with changes in their holdings indicating active institutional interest [3]

Market Overview - The electric motor sector increased by 2.86% compared to the previous trading day, with Fangzheng Electric leading the gains [1] - The Shanghai Composite Index closed at 4007.76, up 0.97%, while the Shenzhen Component Index closed at 13452.42, up 1.73% [1] Stock Performance - Fangzheng Electric (002196) closed at 12.83, rising by 10.03% with a trading volume of 1.177 million shares and a transaction value of 142.3 million yuan [1] - Other notable performers include: - Jiadian Co. (000922) at 14.72, up 10.01% [1] - Zhaowei Electromechanical (003021) at 117.48, up 5.17% [1] - Kaizhong Precision (002823) at 18.38, up 4.97% [1] - Mingzhi Electric (603728) at 71.52, up 4.93% [1] Capital Flow - The electric motor sector saw a net inflow of 632 million yuan from institutional investors, while retail investors experienced a net outflow of 453 million yuan [2] - The main capital flow for key stocks includes: - Fangzheng Electric with a net inflow of 1.95 billion yuan [3] - Wolong Electric Drive (600580) with a net inflow of 167 million yuan [3] - Ocean Electric (002249) with a net inflow of 1.16 billion yuan [3]

Core Viewpoint - Jiangsu Leili Electric Co., Ltd. has shown significant stock performance with a year-to-date increase of 92.23%, despite recent declines in the short term [1][2]. Financial Performance - For the period from January to September 2025, Jiangsu Leili achieved a revenue of 3.008 billion yuan, representing a year-on-year growth of 21.49%, and a net profit attributable to shareholders of 265 million yuan, up 9.92% [2]. - The company has distributed a total of 1.027 billion yuan in dividends since its A-share listing, with 531 million yuan distributed over the past three years [3]. Stock Market Activity - As of November 6, 2023, Jiangsu Leili's stock price was 51.75 yuan per share, with a market capitalization of 23.139 billion yuan [1]. - The stock has experienced a trading volume of 127 million yuan on the same day, with a turnover rate of 0.55% [1]. - The company has appeared on the "Dragon and Tiger List" once this year, with a net buy of 310 million yuan on February 21, 2023 [1]. Shareholder Structure - As of October 10, 2025, the number of shareholders increased to 51,400, with an average of 8,700 circulating shares per person, a decrease of 2.52% from the previous period [2]. - Notable institutional shareholders include Yongying Advanced Manufacturing Mixed Fund and Huaxia CSI Robot ETF, with varying changes in their holdings [3].