格隆汇11月25日丨安联锐视(301042.SZ)公布，公司把机器人业务作为国内新业务发展的战略方向，在 充分的市场调研和技术团队比选后，公司拟与元启智动（江苏）技术有限公司、北京金视科技有限公 司、上海冀瑜企业咨询合伙企业（有限合伙）和胡筱旋女士共同投资新设江苏元启联安机器人科技有限 公司（暂定名，以市场监督管理局最终核准为准，简称"元启联安"），开展具身智能机器人的研发、制 造和销售等业务。元启联安注册资本为2,000.00万元，其中公司以自有资金认缴出资800.00万元，占注 册资本比例为40.00%。 ...

安联锐视（301042）(301042.SZ)公告，公司联营公司浙江安兴宇联机器人有限公司(简称"安兴宇联")拟 增加注册资本300.00万元，公司拟使用自有资金256.50万元参与增资。本次增资完成后，安兴宇联注册 资本将由1200.00万元增至1500.00万元，公司持股比例将由38.00%提升至47.50%，成为其第一大股东。 ...

智通财经APP讯，安联锐视(301042.SZ)公告，公司联营公司浙江安兴宇联机器人有限公司(简称"安兴宇 联")拟增加注册资本300.00万元，公司拟使用自有资金256.50万元参与增资。本次增资完成后，安兴宇 联注册资本将由1200.00万元增至1500.00万元，公司持股比例将由38.00%提升至47.50%，成为其第一大 股东。 ...

证券代码：301042 证券简称：安联锐视 公告编号：2025-062 珠海安联锐视科技股份有限公司 第六届董事会第四次会议决议公告 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。 一、董事会会议召开情况 珠海安联锐视科技股份有限公司（以下简称"公司"）第六届董 事会第四次会议于 2025 年 11 月 25 日在公司以现场结合通讯方式召 开。本次会议的通知于 2025 年 11 月 20 日以电子邮件方式向公司全 体董事发出。本次会议应出席的董事 9 名，实际出席会议的董事 9 名， 其中 5 名董事以通讯表决方式出席会议，分别为徐进、沈潇健、张为 金、郭琳、闫磊。本次会议由董事长徐进主持。本次会议的召开符合 法律、行政法规、部门规章、规范性文件和《公司章程》的有关规定。 （一）审议通过了《关于对联营公司增资的议案》 浙江安兴宇联机器人有限公司（以下简称"安兴宇联"）是公司 的联营公司，其业务领域符合公司国内新业务发展的战略方向。安兴 宇联拟增加注册资本 300.00 万元，公司拟使用自有资金 256.50 万元 参与增资。本次增资完成后，安兴宇联注册资本将 ...

一、 关联交易概述 （一）基本情况 证券代码：301042 证券简称：安联锐视 公告编号：2025-060 珠海安联锐视科技股份有限公司 关于对联营公司增资暨关联交易的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完 整，没有虚假记载、误导性陈述或重大遗漏。 浙江安兴宇联机器人有限公司（以下简称"安兴宇联"）是珠海 安联锐视科技股份有限公司（以下简称"公司"）的联营公司，其业 务领域符合公司国内新业务发展的战略方向。安兴宇联拟增加注册资 本 300.00 万元，公司拟使用自有资金 256.50 万元参与增资。本次增 资完成后，安兴宇联注册资本将由1,200.00万元增至1,500.00万元， 公司持股比例将由 38.00%提升至 47.50%，成为其第一大股东。 （二）关联关系情况 由于公司董事、高级管理人员申雷同时担任安兴宇联董事，根据 《深圳证券交易所创业板股票上市规则》的相关规定，安兴宇联为公 司的关联法人，本次增资构成关联交易。 （三）审议程序 公司于 2025 年 11 月 25 日召开第六届董事会第四次会议，审议 通过了《关于对联营公司增资的议案》，关联董事申雷已回避表决。 本次关联交 ...

Core Viewpoint - The company, Anlian Ruishi, is a significant player in the security video surveillance industry, focusing on hardware and software development, with a strong emphasis on international markets and emerging technologies like AI and facial recognition [2][3]. Company Overview - Anlian Ruishi was established on August 6, 2007, and went public on August 5, 2021. The company specializes in the research, production, and sales of security video surveillance products, with 99.63% of its revenue coming from this sector [7]. - As of November 20, the number of shareholders is 5,399, a decrease of 7.90% from the previous period, while the average circulating shares per person increased by 8.58% [7]. Financial Performance - For the period from January to September 2025, the company reported a revenue of 334 million yuan, a year-on-year decrease of 39.63%. The net profit attributable to the parent company was 15.17 million yuan, down 79.85% year-on-year [7]. - The company has distributed a total of 377 million yuan in dividends since its A-share listing, with 253 million yuan distributed over the past three years [8]. Market Position and Trends - The company operates primarily under an ODM model, with a high export rate, focusing on markets in North America, Europe, and Asia [2]. - Anlian Ruishi is actively expanding into the smart city sector, developing cloud-based applications and tailored solutions for various scenarios [2]. - The company has developed mature products in facial recognition technology and has implemented AI applications in the surveillance industry, including human detection and vehicle recognition technologies [3]. Stock Performance - On November 25, the stock price of Anlian Ruishi increased by 0.43%, with a trading volume of 112 million yuan and a turnover rate of 2.45%, bringing the total market capitalization to 4.874 billion yuan [1]. - The average trading cost of the stock is 60.55 yuan, and it is approaching a resistance level of 70.00 yuan, indicating potential for upward movement if this level is surpassed [6].

融资融券数据显示，该股最新（11月21日）两融余额为3.86亿元，其中，融资余额为3.86亿元，本期筹 码集中以来融资余额合计增加7883.31万元，增幅为25.63%。 公司发布的三季报数据显示，前三季公司共实现营业收入3.34亿元，同比下降39.63%，实现净利润 1516.66万元，同比下降79.85%，基本每股收益为0.2175元，加权平均净资产收益率19.62%。（数据 宝） （文章来源：证券时报网） 安联锐视11月24日披露，截至11月20日公司股东户数为5399户，较上期（11月10日）减少463户，环比 降幅为7.90%。这已是该公司股东户数连续第6期下降。 证券时报·数据宝统计，截至发稿，安联锐视收盘价为69.60元，上涨4.54%，本期筹码集中以来股价累 计上涨16.78%。具体到各交易日，8次上涨，2次下跌。 ...

Core Viewpoint - The company is in a transformation phase, with both traditional security and new robotics businesses expected to drive future growth. The main business, traditional security video surveillance, is projected to account for 98% of revenue in 2024, with approximately 90% from overseas markets, primarily through an ODM model [1]. Traditional Business - The company has a dual-channel coverage for both B2B and B2C scenarios, with deep technical accumulation and increased investment in AI R&D, driving product intelligence upgrades. It is one of the few suppliers in the industry with both B2B and B2C capabilities, alongside industry leaders Hikvision and Dahua [1]. - The company has experience in complex procurement and project implementation processes for large clients in government and enterprise sectors, as well as resources in retail and e-commerce channels. It has also gained supplier qualifications from international brands like Huawei and Samsung [1]. - Continuous R&D investment has led to product iterations, with the R&D expense ratio increasing from 5.8% in 2020 to 16.4% in Q1-Q3 2025, resulting in an increase in gross margin from 24.1% to 37.7% during the same period [1]. Robotics Business - The company is strategically transforming towards the special robotics sector, capitalizing on the explosive growth of the robotics industry and policy benefits. It focuses on special robots for confined spaces, collaborating with a team led by Professor Sun Bingyu from the University of Science and Technology of China [2]. - Products include guide robots, intelligent inspection dogs, and drones, targeting artificial replacement needs in harsh environments such as underground pipelines and high-pressure conditions, thereby avoiding fierce competition in consumer-grade and general industrial robots [2]. Investment Recommendations - The company is at a critical stage of stable development in its traditional security business and strategic breakthroughs in its robotics business. If sanctions are lifted by early 2026, significant growth in performance is expected, driven by the recovery of foreign trade business and the release of profits from previously written-off receivables [3]. - Revenue projections for 2025-2027 are 415 million, 668 million, and 922 million yuan, with year-on-year changes of -40%, +61%, and +38% respectively. Net profit attributable to the parent company is projected to be 34 million, 87 million, and 138 million yuan, with year-on-year changes of -53%, +158%, and +58% respectively. EPS is expected to be 0.49, 1.25, and 1.98 yuan, corresponding to PE ratios of 136, 53, and 33 times based on the closing price of 66.1 yuan on November 15 [3].

Investment Rating - The report assigns a "Buy" rating to the company [4][7]. Core Insights - The company is in a transformation phase, with dual main businesses expected to drive growth. The primary business is traditional security video surveillance, which accounted for 98% of revenue in 2024, with approximately 90% from overseas markets. The company has established a new growth curve by investing in Zhejiang Anxing Yulian Robot Co., Ltd. to develop robots and AI hardware [1][2]. Summary by Sections Company Overview - The company is a significant manufacturer of digital security equipment and system solutions in China, focusing on the research, production, and sales of security video surveillance products, primarily through an ODM model. The company has a high export rate, mainly targeting North America, Europe, and Asia [12][15]. Traditional Business - The company has a comprehensive channel covering both B2B and B2C scenarios, with deep technical accumulation and continuous investment in AI R&D, driving product upgrades. The company has experience in complex procurement and project implementation for large clients, alongside retail and e-commerce channel resources. R&D expenses have increased from 5.8% in 2020 to 16.4% in Q1-3 2025, leading to a gross margin increase from 24.1% to 37.7% during the same period [2][4][30]. Robot Business - The company is strategically transforming towards the special robot sector, focusing on robots for confined spaces and hazardous conditions. Through a 38% stake in Zhejiang Anxing Yulian Robot Co., Ltd., the company collaborates with a team led by Professor Sun Bingyu from the University of Science and Technology of China to develop specialized robots for underground pipelines and high-pressure environments, avoiding fierce competition in consumer-grade and general industrial robots [3][4]. Financial Forecast and Investment Advice - The company is at a critical stage of stable development in its traditional security business and strategic breakthroughs in its new robot business. If sanctions are lifted in early 2026, significant growth in revenue and net profit is expected. The company is projected to generate revenues of 415 million, 668 million, and 922 million yuan for 2025, 2026, and 2027, respectively, with corresponding net profits of 34 million, 87 million, and 138 million yuan [4][7][8].

证券代码：301042 证券简称：安联锐视 公告编号：2025-059 珠海安联锐视科技股份有限公司 2025 年第一次临时股东会决议公告 1. 本次股东会不存在否决议案的情形； 2. 本次股东会不涉及变更以往股东会已通过的决议。 一、 会议召开情况 1. 会议召开时间： （1）现场会议时间：2025 年 11 月 13 日（星期四）下午 16：00。 （2）网络投票时间：通过深圳证券交易所系统投票时间为 2025 年11月13日的交易时间，即9:15-9：25，9：30-11:30和13:00-15:00； 通过深圳证券交易所互联网投票系统（http://wltp.cninfo.com.cn） 投票的具体时间为：2025 年 11 月 13 日 9：15-15：00。 2. 现场会议地点：广东省珠海市国家高新区科技六路100号安联 锐视二期大楼一楼 3. 召开方式：现场投票和网络投票相结合的方式 4. 召集人：董事会 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1.审议通过了《关于部分募集资金投资项目结项或终止并将节余 募集资金永久补充流动资 ...