证券日报网讯 2月25日，恒勃股份在互动平台回答投资者提问时表示，截至2026年2月13日，公司股东 人数为7177户。 （文章来源：证券日报） ...

Core Viewpoints - The mechanical industry is expected to embrace "technology + going global" as its dual main lines in 2026, focusing on high elasticity growth opportunities and performance certainty from overseas expansion [13][9][7] 2025 Review Market Performance - In 2025, the mechanical sector achieved a 41% increase, significantly outperforming the CSI 300 index, which rose by 18%, ranking fifth among A-share sub-industries [6][16] - The sub-sectors that performed well included PCB equipment (+252%), 3C equipment (+129%), controllable nuclear fusion (+119%), data centers (+112%), and humanoid robots (+85%) [20][6] Demand Side - Domestic demand showed signs of bottoming out, with a marginal improvement towards the end of 2025, while external demand began to recover positively [31][35] - The manufacturing PMI in December 2025 rebounded to 50.1, indicating a return to expansion territory, driven by large enterprises and high-tech manufacturing [32][35] Cost Side - The cost structure showed a continuous improvement trend, with PPI declining by 2.6% year-on-year in 2025, reflecting insufficient industrial demand [31][33] 2026 Outlook Macro Perspective - The macro narrative for the next five years is centered around "AI commercialization + global re-industrialization," with expectations of a cyclical recovery driven by proactive fiscal policies [6][7] Mid-level Perspective - Technology - The technology sector is expected to see explosive growth, with key areas including data centers, PCB equipment, semiconductor equipment, humanoid robots, and commercial aerospace [7][9] Mid-level Perspective - Going Global - The overseas production capacity is anticipated to enter a release phase in 2026, with significant revenue and profit growth expected for companies in the machinery and equipment sectors [7][8] Investment Recommendations - Investment strategies should focus on high-certainty directions with strong industry trends and competitive advantages, prioritizing stock selection based on industry trends, competitive positioning, and valuation [7][8] - Long-term investments should consider companies with platform capabilities that offer sustainable value [7][8]

其余部件如 slider 及身体件正稳步推进价格协商与产品定型，#后续增量可期。 作为确定性较高的稀缺性PEEK件供应商，目前预期差仍存。 # 恒勃股份进展更新： # 恒勃股份进展更新： 灵巧手核心零部件 sleeve 已完成报价，产品件数略有增加，#进入大批量订单流程，#确认为独供。 依托定制化材料配方与高精密加工能力，该产品盈利能力强，#毛利率中枢可观。 其余部件如 slider 及身体件正稳步推进价格协商与产品定型，#后续增量可期。 作为确定性较高的稀缺性PEEK件供应商，目前预期差仍存。 #是灵巧手产业链中少有的兼具壁垒与弹性的标的，积极推荐‼ 风险提示：产业进展不及预期 灵巧手核心零部件 sleeve 已完成报价，产品件数略有增加，#进入大批量订单流程，#确认为独供。 依托定制化材料配方与高精密加工能力，该产品盈利能力强，#毛利率中枢可观。 ...

证券日报网讯2月11日，恒勃股份（301225）在互动平台回答投资者提问时表示，截至2026年2月10日， 公司股东人数为7036户。 ...

【中泰机械】恒勃股份：特斯拉供应链核心注塑件供应商，量产进程稳步推进 核心观点：公司作为特斯拉PEEK注塑件核心供应商，凭借材料改性及工艺优化能力持续巩固竞争优势，特斯拉机 器人相关部件已进入定型量产报价阶段，业务放量在即。 1已顺利完成特斯拉两轮现场审核（工程师/采购/SIE团队），重点关注产品设计、工艺路径及海外产能布局。 2量产报价逐步 【中泰机械】恒勃股份：特斯拉供应链核心注塑件供应商，量产进程稳步推进 核心观点：公司作为特斯拉PEEK注塑件核心供应商，凭借材料改性及工艺优化能力持续巩固竞争优势，特斯拉机 器人相关部件已进入定型量产报价阶段，业务放量在即。 1已顺利完成特斯拉两轮现场审核（工程师/采购/SIE团队），重点关注产品设计、工艺路径及海外产能布局。 2量产报价逐步完成，框架协议签署预计将有序推进。 行业内目前该工作进展目前以身体结构件为主，灵巧手功能件预计后续跟进。 1在PEEK材料改性及精密注塑领域具备突出能力，为特斯拉供应链中少数实现规模化量产的企业。 2持续优化注塑工艺路径，在提升一致性的同时有效降本，为持续获取特斯拉份额提供支撑。 1伴随特斯拉机器人量产进程推进，公司有望从灵巧手功能 ...

证券日报网讯2月3日，恒勃股份（301225）在互动平台回答投资者提问时表示，截至2026年1月30日， 公司股东人数为6970户。 ...

Group 1: Automotive Sector Overview - The automotive sector is currently experiencing weak performance during the off-season, but market pessimism regarding sales expectations is gradually stabilizing, indicating a potential bottoming out of negative sentiment [1] - Tesla's recent quarterly report shows a year-on-year increase in gross profit for Q4 2025, with gross margin reaching a two-year high, driven by higher sales prices in the Asia-Pacific region and an increase in FSD subscriptions [1] - Capital expenditures for Tesla in 2026 are expected to exceed $20 billion, focusing on computing infrastructure and new factory capacity expansion [1] Group 2: Autonomous Driving Developments - 2026 is anticipated to be a pivotal year for the commercialization of autonomous driving, with Tesla's FSD subscription rates increasing significantly throughout 2025 [2] - The FSD subscription model will shift to a monthly subscription starting in 2026, with a current fee of $99 per month [2] - As of the end of 2025, FSD has accumulated over 7 billion miles (approximately 11.5 billion kilometers) of driving distance, with ongoing localization efforts in China and Europe pending regulatory approval [2] Group 3: Humanoid Robotics Sector - The robotics sector is experiencing volatility, with recent adjustments in trading volumes and external rumors affecting market sentiment [3] - Key catalysts for the T-chain include the release of Gen3 in Q1 2025 and the commencement of overseas production capacity construction later in the year [3] - There is a positive outlook for specific investment targets within the robotics sector, focusing on high-probability Tesla supply chain participants and undervalued companies with growth potential [3] Group 4: Commercial Vehicle Outlook - The heavy-duty truck and bus segments are expected to benefit from policy support for domestic demand and ongoing export growth in 2026 [4] - Weichai Power is favored due to the recovery of domestic bidding and the pressing electricity shortages in North America, which are expected to boost market expectations for its products [4] - Recommended stocks include Jianghuai Automobile, Hengbo Technology, Longsheng Technology, Weichai Power, Yutong Bus, King Long Automobile, and Cao Cao Mobility, focusing on low-valuation leaders with strong performance [4]

每经头条（nbdtoutiao）——核电建设热潮下，设备厂忙到"飞起"！订单已排至2028年，员工三班倒， 产线24小时不停 每经AI快讯，恒勃股份1月30日晚间发布公告称，近日，公司收到了启鸿投资与海南明序出具的《关于 股份减持计划实施完毕的告知函》，公司股东启鸿投资、海南明序减持计划实施完毕，共减持公司股份 约217万股，减持股份占公司总股份为2.13%。 （记者 曾健辉） ...

公司股东台州启鸿企业管理咨询合伙企业（有限合伙）与海南明序企业管理 合伙企业（有限合伙）保证向本公司提供的信息内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 恒勃控股股份有限公司（以下简称"公司"）于 2025 年 10 月 13 日在巨潮 资讯网（http://www.cninfo.com.cn）披露了《关于公司股东减持股份预披露公告》 （公告编号：2025-057），持有公司股份 557,000 股（占公司总股本剔除回购股 份数的比例 0.55%）的股东台州启鸿企业管理咨询合伙企业（有限合伙）（以下 简称"启鸿投资"）拟于该公告披露之日起十五个交易日后的三个月内以集中竞 价或大宗交易方式合计减持公司股份不超过 146,342 股（占公司总股本剔除回购 股份数的比例 0.14%）。其中，通过集中竞价交易方式进行减持的，在任意连续 90 个自然日内减持股份总数不超过公司股份总数 1%；通过大宗交易方式进行减 持的，在任意连续 90 个自然日内减持股份总数不超过公司股份总数 2%。持有公 司股份 3,670,000 股（占公司总股 ...

Summary of Key Points from the Conference Call Industry and Companies Involved - The conference call focused on the robotics industry, specifically highlighting companies such as 恒勃股份 (Hengbo Co.), 福达股份 (Fuda Co.), 恒辉安防 (Henghui Security), and 征和工业 (Zhenghe Industrial) [1][2][3][4]. Core Insights and Arguments - The call included discussions on the scheduled research visits to various companies in the robotics sector, indicating a proactive approach to understanding market dynamics and potential investment opportunities [1][2][3][4]. - Each company mentioned has a specific date and location for the research visit, suggesting a structured plan to gather insights from different players in the robotics industry [1][2][3][4]. Other Important but Potentially Overlooked Content - The limited availability for each research session (only 5 participants per session) highlights the exclusivity and potential value of the insights to be gained from these visits [1][2][3][4]. - Previous research sessions included notable companies such as 拓普集团 (Top Group), 恒立液压 (Hengli Hydraulic), and others, indicating a broad interest in the robotics and automation sectors [1][2][3][4].