证 券 研 究 报 告 行业周报 人形机器人+航空航天双轮驱动，旋转变压器迎广阔新兴市场 汽车行业周报 投资评级： （ ） 报告日期： 推荐 维持 2026年01月26日 ◼ 分析师：林子健 ◼ SAC编号：S1050523090001 投 资 要 点 ▌人形机器人+航空航天双轮驱动，旋转变压器迎来广阔新兴市场 依托极强的抗冲击抗振特性，旋转变压器有望适配人形机器人关节。旋变采用无接触式电磁感应原理，无 磨损部件仅轴承存在微量损耗，实现近乎无限的使用寿命，无需频繁维护更换，完美契合人形机器人对关 节部件高可靠性、长耐久性、抗复杂工况的严苛要求。人形机器人旋变市场规模有望远超传统旋变市场空 间。我们认为出于人形机器人的抗冲击性要求和寿命要求，人形机器人将会应用旋转变压器用来替代编码 器。我们预测到2030年人形机器人旋变市场规模有望达到61.5亿元，到2035年有望达到471.0亿元市场 规模，2026-2035年CAGR为85.9%。 卫星发射数量快速上升，带动航天领域旋变市场放量。从发射计划数据看，SpaceX将在2033年完成4.2万 颗发射，国网星座将在2035年前发射1.3万颗，千帆星座将在2030年 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：300733 证券简称：西菱动力 公告编号：2026-010 四、风险提示 2. 业绩预告情况 □扭亏为盈 ■同向上升 □同向下降 二、 与会计师事务所的沟通情况 公司已就本业绩预告有关事项与会计师事务所进行了预沟通，与会计师事务所在业绩预告方面不存在分 歧。 三、 业绩变动原因说明 公司汽车零部件产品凸轮轴总成、连杆总成及曲轴减震器产品新客户产品销售量逐步增长，产能利用率 提升，涡轮增压器产品销售保持稳定增长；军品及航空零部件行业景气度提升，业务保持较快增长。 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。 一、 本期业绩预告情况 1. 业绩预告期间 2025年1月1日至2025年12月31日。 本次业绩预告是公司财务部门初步测算的结果，公司2025年度业绩具体数据以公司公布的2025年年度报 告为准。 五、备查文件 1. 《成都西菱动力科技股份有限公司董事会关于2025年度业绩预告的说明》 成都西菱动力科技股份有限公司 董事会 2026年1月23日 ...

Core Viewpoint - Several companies are projected to experience significant increases in net profit for 2025, with some showing growth rates exceeding 200% [1] Group 1: Company Projections - 永创智能 is expected to see a net profit increase of 721.57% to 894.86% in 2025 [1] - 福达合金 anticipates a net profit growth of 119.14% to 219.95% for 2025 [1] - 西菱动力 projects a net profit increase of 77.82% to 117.33% in 2025 [1] - 昊志机电 expects a net profit growth of 54.4% to 99.03% for 2025 [1] - 神工股份 forecasts a net profit increase of 119% to 167% in 2025 [1] - 联创光电 anticipates a net profit growth of 80.36% to 120.57% for 2025 [1] - 道氏技术 projects a substantial net profit increase of 206.01% to 269.76% in 2025 [1] - 香农芯创 expects a net profit growth of 82% to 135% for 2025 [1] - 奥特佳 anticipates a net profit increase of 41.85% to 79.67% in 2025 [1] - 双一科技 projects a net profit growth of 80% to 100% for 2025 [1] - 飞荣达 expects a net profit increase of 57.23% to 83.43% in 2025 [1] - 晶方科技 anticipates a net profit growth of 44.41% to 52.32% for 2025 [1] - 中微公司 projects a net profit increase of 28.74% to 34.93% in 2025 [1] - 派能科技 expects a net profit growth of 50.82% to 109.21% for 2025 [1]

（编辑 任世碧） 证券日报网讯 1月23日，西菱动力发布2025年度业绩预告称，公司预计2025年度归属于上市公司股东的 净利润为9，000.00万元至11，000.00万元，比上年同期增长77.82%-117.33%。 ...

Major Announcements - Huayi Co., Ltd. has applied for a 5-day extension to respond to the Shanghai Stock Exchange's inquiry regarding its acquisition matters due to the need for further confirmation and improvement of certain issues [1] - Shuaifeng Electric is expected to report a net loss of 43 million to 62 million yuan for 2025, with revenue projected between 210 million and 250 million yuan, potentially leading to a delisting risk warning for its stock [1] - Zijin Mining's second phase of the Julong Copper Mine has commenced production, increasing its total production capacity to 350,000 tons per day, with plans for a third phase that could significantly enhance copper output [1] Performance Forecasts - Yongchun Intelligent expects a net profit of 128 million to 155 million yuan for 2025, representing a year-on-year increase of 721.57% to 894.86% [3] - Fuda Alloy anticipates a net profit of 100 million to 146 million yuan for 2025, with a growth of 119.14% to 219.95% driven by expanding demand in emerging sectors [4] - Xiling Power forecasts a net profit of 90 million to 110 million yuan for 2025, reflecting a year-on-year increase of 77.82% to 117.33% due to rising sales in automotive parts [4] - Haoshi Electromechanical expects a net profit of 128 million to 165 million yuan for 2025, with a growth of 54.4% to 99.03% attributed to increased demand in the PCB market [4] - Shenkong Co., Ltd. predicts a net profit of 90 million to 110 million yuan for 2025, with a growth of 118.71% to 167.31% driven by the recovery in the semiconductor market [5] - Lianchuang Optoelectronics anticipates a net profit of 435 million to 532 million yuan for 2025, representing a growth of 80.36% to 120.57% [5] - Xiangnong Chip expects a net profit of 480 million to 620 million yuan for 2025, with a growth of 81.77% to 134.78% driven by demand for enterprise-level storage products [6] - Shuangyi Technology forecasts a net profit of 155 million to 172 million yuan for 2025, reflecting a growth of 80% to 100% [6] - Feirongda anticipates a net profit of 360 million to 420 million yuan for 2025, with a growth of 57.23% to 83.43% [8] - Jingfang Technology expects a net profit of 365 million to 385 million yuan for 2025, representing a growth of 44.41% to 52.32% [9] - Youbuxun predicts a net profit of 72 million to 107 million yuan for 2025, marking a turnaround from a loss of 150 million yuan in the previous year [10] - Zhongwei Company anticipates a net profit of 2.08 billion to 2.18 billion yuan for 2025, with a growth of 28.74% to 34.93% [11] Loss Forecasts - Shanying International expects a net loss of 850 million to 1 billion yuan for 2025, compared to a loss of 451 million yuan in the previous year [12] - Baiyin Nonferrous Metals anticipates a net loss of 450 million to 675 million yuan for 2025, a significant decline from a profit of 8.08 million yuan in the previous year [13] - Zhengzhou Coal Electricity plans to stop production at the Chao Hua Coal Mine due to resource depletion, expecting to recognize a 311 million yuan impairment loss [17] - Changcheng Electric forecasts a net loss of approximately 315 million yuan for 2025, compared to a loss of 225 million yuan in the previous year [17] - Standard Co. expects a net loss of 120 million to 140 million yuan for 2025, with a reduction in losses compared to the previous year [17] - Hongqingtian anticipates a net loss of 100 million to 150 million yuan for 2025, with a decline in revenue due to weak consumer demand [17]

（文章来源：证券时报网） 西菱动力（300733）1月23日发布2025年业绩预增公告，预计实现净利润为9000.00万元~1.10亿元，净 利润同比增长77.82%~117.33%。 证券时报·数据宝统计显示，西菱动力今日收于19.48元，上涨1.14%，日换手率为3.25%，成交额为1.42 亿元，近5日上涨1.51%。通过对2025年业绩预增50%以上的个股走势进行统计发现，预告发布后当日股 价上涨的占比64.83%，股价发布当日股价涨停的有9家。预告发布后5日股价上涨的占比79.31%。（数 据宝） ...

Group 1 - The core viewpoint of the article is that Xiling Power (300733) expects a significant increase in net profit for the fiscal year 2025, projecting between 90 million to 110 million yuan, which represents a year-on-year growth of 77.82% to 117.33% [1] - The company's automotive parts products, including camshaft assemblies, connecting rod assemblies, and crankshaft dampers, are experiencing a gradual increase in sales volume from new customers [1] - The utilization rate of production capacity is improving, and sales of turbocharger products are maintaining stable growth [1] Group 2 - The military and aviation parts industry is seeing an increase in demand, contributing to the company's rapid business growth [1]

Core Viewpoint - Xiling Power announced an expected net profit for the fiscal year 2025 ranging from 90 million to 110 million yuan, representing a year-on-year growth of 77.82% to 117.33% [1] Group 1: Financial Performance - The projected net profit for 2025 is between 90 million and 110 million yuan [1] - This reflects a significant year-on-year increase of 77.82% to 117.33% [1] Group 2: Product Sales and Growth - Sales volume of automotive components such as camshaft assemblies, connecting rod assemblies, and crankshaft dampers is gradually increasing [1] - The utilization rate of production capacity is improving [1] - Sales of turbocharger products are maintaining stable growth [1] Group 3: Industry Outlook - The military and aerospace components sector is experiencing an increase in market demand [1] - The business in these sectors is maintaining rapid growth [1]

Group 1 - The company, Xiling Power (300733), has disclosed its performance forecast for the year 2025, expecting a net profit attributable to shareholders of between 90 million and 110 million yuan, representing a year-on-year growth of 77.82% to 117.33% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between 80.25 million and 100 million yuan, indicating a year-on-year increase of 84.89% to 130.96% [1]

智通财经APP讯，西菱动力(300733.SZ)披露2025年度业绩预告，公司预计归属于上市公司股东的净利润 9000.00万元至1.1亿元，同比增长77.82%至117.33%;扣除非经常性损益后归属于上市公司股东的净利润 8025万元至1亿元，同比增长84.89%至130.96%。 ...