证券之星消息，9月12日风电设备板块较上一交易日下跌0.11%，大金重工领跌。当日上证指数报收于 3883.69，上涨0.22%。深证成指报收于12996.38，上涨0.13%。风电设备板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 688660 | 电气风电 | 20.07 | 8.08% | 58.00万 | | 11.53亿 | | 300904 | 威力传动 | 68.28 | 3.45% | 2.39万 | | 1.65亿 | | 301040 | 中环海陆 | 24.01 | 2.17% | 10.62万 | | 2.55亿 | | 300185 | 通裕重丁 | 2.89 | 2.12% | 0 79.14万 | | 2.27亿 | | 301155 | 海力风电 | 82.66 | 0.89% | 2.85万 | | 2.32亿 | | 300772 | 运达股份 | 17.90 | 0.85% | 28.04万 | | 4.99亿 | | ...

编号：2025-026 | | □特定对象调研 □分析师会议 | | | --- | --- | --- | | 投 | 资 者 关 系 活 □媒体采访 □业绩说明会 | | | 动类别 | □新闻发布会 □路演活动 | | | | □现场参观 其他：线上会议 ☑ | | | 参 与 单 位 | 招商证券、中金资管、京管泰富、安联保险资管、财通资管、衍航 名 称 | | | 及人员姓名 | 投资、淡水泉投资、博时基金、招商基金、西部利得基金、海富通、 | | | | 华夏基金、鹏华基金、阳光资管、金鹰基金、浙商基金、华商基金 | | | 时间 | 2025 年 9 月 11 日 | | | 地点 | 线上会议 | | | 上 市 公 司 | 接 待 | | | | 副总裁、董事会秘书周建林先生 | | | 人员姓名 | | | | | 一、介绍公司概况 | | | | 副总裁、董事会秘书周建林先生向与会的机构投资者简要介绍 | | | | 了公司的发展历程，重点讲解了公司的主营业务及增速器智慧工厂 | | | | 主要情况。 | | | | 威力传动于 2003 年成立于宁夏银川，现有员工千余人。主营业 | ...

证券之星消息，9月8日风电设备板块较上一交易日上涨0.21%，威力传动领涨。当日上证指数报收于 3826.84，上涨0.38%。深证成指报收于12666.84，上涨0.61%。风电设备板块个股涨跌见下表： 从资金流向上来看，当日风电设备板块主力资金净流出6.89亿元，游资资金净流入7325.78万元，散户资 金净流入6.16亿元。风电设备板块个股资金流向见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入(元) | | 游资净占比 散户净流入(元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 002487 大全重工 | | 8481.92万 | 4.48% | -5409.00万 | -2.86% | -3072.92万 | -1.62% | | 300690 双—科技 | | 5459.20万 | 6.03% | 915.65万 | 1.01% | -6374.85万 | -7.04% | | 301155 海力风电 | | 3508.48万 | 5.95% | 815.54万 | 1.38% | ...

银川威力传动技术股份有限公司 薪酬与考核委员会关于公司2025年限制性股票激励计划 激励对象名单的核查意见及公示情况说明 银川威力传动技术股份有限公司（以下简称"公司"）于2025年8月27日召 开第三届董事会第三十四次会议，审议通过了《关于公司〈2025年限制性股票激 励计划（草案）〉及其摘要的议案》等相关议案。具体内容详见公司2025年8月 29日披露于巨潮资讯网（www.cninfo.com.cn）的相关公告。 根据《管理办法》《自律监管指南》《公司章程》的相关规定，公司对拟激 根据《上市公司股权激励管理办法》（以下简称"《管理办法》"）、《深 圳证券交易所创业板股票上市规则》《深圳证券交易所创业板上市公司自律监管 指南第1号——业务办理》（以下简称"《自律监管指南》"）和《公司章程》 等相关规定，公司对《2025年限制性股票激励计划（草案）》（以下简称"本次 激励计划"或"《激励计划》"）拟激励对象名单在公司内部进行了公示。公司 薪酬与考核委员会结合公示情况对拟激励对象人员名单进行了核查，相关公示情 况及核查情况如下： 一、公示情况 （一）公示内容：公司 2025 年限制性股票激励计划激励对象姓名及职 ...

Core Viewpoint - The company has been deeply engaged in precision transmission for twenty years and is expanding into the wind power main gearbox sector, leveraging its extensive experience and resources accumulated over the years [1] Group 1: Company Overview - The company was established in 2003, initially focusing on industrial reducers, and entered the wind power reducer market in 2006-2007, becoming a leading player in this field [1] - In 2023, the company went public on the Shenzhen Stock Exchange's Growth Enterprise Market and announced plans to invest in a "Wind Power Gearbox Smart Factory Project" [1] - The company is facing profit pressure in 2024 due to cost transmission in the wind power supply chain, extended product redesign and validation cycles, and significant upfront costs associated with the new gearbox project [1] Group 2: Market Dynamics - The wind power main gearbox has inflationary attributes, with global demand rapidly increasing [1] - The price of a 5.X MW model is 1.5 million yuan per unit (including tax), with a price increase of 100,000 to 200,000 yuan for every 1 MW increase in power [1] - The market for wind power main gearboxes is projected to reach 26,000 units by 2026, corresponding to a market space of 41.5 billion yuan, representing a year-on-year growth of 22% [1] Group 3: Industry Characteristics - The wind power main gearbox has a high technical barrier, with the global market concentration (CR4) exceeding 70% in 2024 [2] - Major players include NGC, Winergy, Dalian Gear, and ZF, with respective market shares of 34%, 17%, 10.4%, and 10% [2] - The domestic market is dominated by NGC, holding a significant share, while Dalian Gear follows with a 16% market share [2] Group 4: Business Outlook - The reducer business is expected to recover in profitability due to increased sales driven by high demand in the wind power sector [2] - The first phase of the gearbox project is under construction, expected to be completed by the end of 2025, with large-scale shipments anticipated to begin in Q3 2025 [2] - A strategic cooperation agreement has been signed with Goldwind, which is expected to support capacity digestion through large customer orders [2] Group 5: Financial Projections - The company is projected to achieve net profits of 50 million yuan, 270 million yuan, and 490 million yuan for the years 2025, 2026, and 2027, representing year-on-year growth rates of 276%, 413%, and 86% respectively [3] - The corresponding price-to-earnings ratios (PE) are expected to be 86, 17, and 9 times for the same years [3] - The company is considered a rare listed entity in the wind power gearbox sector, with stable contributions from the wind power reducer business and significant profit potential from the main gearbox products starting in 2026 [3]

（记者 王晓波） 每经头条（nbdtoutiao）——人口流失、土地闲置的城市要不要撤并？专访国家发改委专家高国力：未 来不排除，目前没到这阶段 每经AI快讯，威力传动（SZ 300904，收盘价：63.38元）发布公告称，2025年9月2日，威力传动接受信 达澳亚调研，公司副总裁、董事会秘书周建林并回答了投资者提出的问题。 2025年1至6月份，威力传动的营业收入构成为：风电齿轮箱占比98.23%，其他产品占比1.77%。 截至发稿，威力传动市值为46亿元。 ...

Company Overview - Silver Power Transmission Technology Co., Ltd. was established in 2003 and currently employs over 1,000 people [1] - The main business focuses on the R&D, production, and sales of wind power gearboxes, including yaw reducers, pitch reducers, and three-in-one drive assemblies for new energy vehicles [1] - The company officially listed on the Shenzhen Stock Exchange's Growth Enterprise Market in August 2023 [1] Financial and Operational Highlights - As of August 29, 2025, the total investment in the wind power gearbox smart factory reached CNY 1.231 billion [2] - The construction of the smart factory is progressing smoothly, with core production equipment mostly delivered [2] - The company plans to apply for a credit limit of up to CNY 3 billion from financial institutions and non-financial institutions [2] Production Capacity and Development - The smart factory is currently in the critical construction phase, with production capacity gradually ramping up [2] - The factory's capacity will follow a "steady ramp-up" approach, with ongoing training and equipment debugging to ensure operational stability [2] International Market Expansion - The company has established global service points in key markets such as Hamburg, Chennai, and Tokyo to enhance customer response capabilities [3] - It has successfully entered the qualified supplier lists of international wind power companies like Siemens-Gamesa and Adani [3] - The company aims to strengthen service capabilities and optimize supply chain management to increase its international market share [3] Employee Incentives - In 2025, the company plans to grant 720,800 restricted stock units, accounting for approximately 0.9958% of the total share capital, to 183 incentive recipients [3] - The incentive plan aims to attract and retain talent, enhancing team cohesion and core competitiveness [3]

威力传动 摘要 2025 年上半年，公司营收达 3.49 亿元，同比增长超 100%，但因员工 人数增至 1,600-1,800 人，人工成本显著上升，导致亏损。 公司计划投资 50 亿元用于增速器项目，一期投资 20 亿，二期 30 亿， 总产能规划为 4,000 台，一期目标在 2025 年底或 2026 年初实现 1,500 台产能。 公司已在海外设立五个售后中心，并注册两家子公司，以拓展海外市场， 海外减速器销售额逐年翻番，增速器业务将成为重点。 公司预计增速器毛利率与德力佳相近，但因进口设备较多，可能略低于 德力佳，整体销售价格不会有太大差异。 公司优先供应金风科技，并积极拓展其他客户，预计明年部分客户将有 小批量订单，主要目标是保证对金风科技的供给。 公司已获得 65 兆瓦风电场开发许可，计划今年底开始建设，明年完成， 并考虑出售或运营，同时争取新的风电项目指标以促进产品销售。 公司自 2024 年起每年进行股权激励，通过股票形式激励员工，降低薪 酬成本，并绑定核心人员的长期利益。 Q&A 请介绍一下银川威力传动技术股份有限公司的基本情况和主要产品。 银川威力传动技术股份有限公司成立于 2003 ...

Group 1: BoRui Pharmaceutical - BGM0504 tablet for weight loss has submitted IND applications in both the US and China, with FDA approval for Phase I clinical trials and the first dosing group about to start [1] - BGM1812 injection for weight loss has also submitted IND applications in both countries, while the oral tablet is in preclinical research [1] - The company is developing multiple formulations based on GLP-1/GIP dual targets and mylin-like molecules to meet different weight loss population needs [1] Group 2: Weili Transmission - As of August 29, 2025, the company has invested 123.12 million yuan in the wind power gearbox smart factory, with construction completed and equipment arriving [2] - The factory is in the initial capacity ramp-up phase, with ongoing optimization of production team proficiency and equipment debugging [2] - The decline in profits in the first half of 2025 is mainly due to increased period expenses, with labor costs rising by 75.45% year-on-year [2] Group 3: Sanfu Outdoor - X-BIONIC brand saw a growth rate of 28.07% in the first half of the year, with expectations for increased growth in the second half due to the winter peak season [3] - HOUDINI brand experienced a remarkable growth rate of 187.87%, expected to maintain high growth [3] - The company plans to enhance market investment in trail running and skiing, and will open new stores in the second half of the year [3] Group 4: Kaiying Network - In the first half of 2025, the company achieved revenue of 2.578 billion yuan, a year-on-year increase of 0.89%, and a net profit of 950 million yuan, up 17.41% [4] - Overseas revenue reached 202 million yuan, growing by 59.57%, with multiple products topping overseas charts [4] - The company launched an AI development platform and plans to introduce an AI toy brand in 2025 [4] Group 5: Focus Technology - In the first half of 2025, the company reported revenue of 915 million yuan, a year-on-year increase of 15.91%, and a net profit of 295 million yuan, up 26.12% [5] - The number of paid members on China Manufacturing Network reached 28,699, with I-Maike members exceeding 13,000 [5] - The company is enhancing AI capabilities to improve multilingual reception and system stability [5]

格隆汇9月1日丨威力传动(300904.SZ)公布，截至2025年8月31日，公司通过回购专用证券账户以集中竞 价交易方式累计回购股份数量为876,500股，占公司总股本的1.2109%，最高成交价为54.05元/股，最低 成交价为46.56元/股，成交总金额为人民币4420.666万元(不含交易费用)。 ...