| 连板股 8.7 | | 截至收盘斩获连板个股 | | --- | --- | --- | | 股票名称 | 连板天数 | 所属概念 | | 中马传动 | 5 | 汽车零部件 | | *ST东晶 | 5 | 电子元器件 | | *ST宇顺 | 5 | 消费电子 | | 长城军工 | ব | 生工 | | 国机精工 | 4 | 军工+机器人 | | 北纬科技 | 4 | 机器人+车联网 | | 福日电子 | 4 | 机器人 | | ST晨鸣 | 3 | 造纸 | | 日海智能 | 3 | 液冷服务器 | | 中欣氣材 | 3 | PEEK材料 | | 华米环能 | 3 | 光伏 | | 洪通燃气 | 3 | 天然气 | | ST西发 | 2 | 啤酒 | | 华纬科技 | 2 | 机器人 | | *ST奥维 | 2 | 走工 | | 东方精工 | 2 | 人形机器人 | | 任总统计 | り | FT | | 11:24:11 | C | #T | | --- | --- | --- | | 海立股份 | 2 | 光刻机 | | 云中马 | 2 | 纺织制造 | | | 第二则经 | 院數 | 汽车零部件板块 ...

来源：金融界 天眼查商业履历信息显示，格力博(江苏)股份有限公司，成立于2002年，位于常州市，是一家以从事通 用设备制造业为主的企业。企业注册资本48925.9543万人民币，实缴资本14952万人民币。公司法定代 表人为陈寅。 通过天眼查大数据分析，格力博(江苏)股份有限公司共对外投资了10家企业，参与招投标项目50次，知 识产权方面有商标信息136条，专利信息2543条，此外企业还拥有行政许可26个。 金融界消息 截至2025年7月30日收盘，格力博（301260）报收于20.68元，下跌1.34%，换手率3.12%， 成交量6.38万手，成交金额1.32亿元。 资金流向方面，今日主力资金净流出2799.99万元，占比成交额21.19%。其中，超大单净流出1113.98万 元、占成交额8.43%，大单净流出1686.00万元、占成交额12.76%，中单净流出流出605.32万元、占成交 额4.58%，小单净流入3405.31万元、占成交额25.77%。 格力博最新一期业绩显示，截至2025一季报，公司营业总收入15.35亿元、同比减少6.14%，归属净利润 1.78亿元，同比增长36.93%，扣非净利润 ...

Group 1 - The company, Greebo, is primarily engaged in the research, design, production, and sales of new energy garden machinery, positioning itself as a leading player in the global new energy garden machinery industry [2] - Greebo's product offerings are mainly sold under its own brand and can be categorized by usage into various types including lawn mowers, brush cutters, cleaning machines, blowers, pruners, chainsaws, smart lawn mowing robots, and smart riding lawn mowers [2]

Industry Overview - The lawn mower industry plays a crucial role in agricultural planting, landscaping, public green space maintenance, and pasture management [1][16] - The Chinese lawn mower market is characterized by unique demand features, primarily used in public spaces due to the low proportion of private gardens in urban high-rise living [1][16] - The market size in China is projected to grow from 2.433 billion yuan in 2018 to 5.394 billion yuan by 2024, with a compound annual growth rate (CAGR) of 14.19% [1][16] Industry Development History - The lawn mower industry has evolved through three main stages: the manual mowing era (1830-1880), the mechanization era (1890-1950), and the intelligent era (1960-present) [5] - The first mechanical lawn mower was invented in 1830, leading to continuous improvements and innovations in design and functionality [5] Industry Policies - The development of the lawn mower industry in China is supported by national policies promoting agricultural mechanization and ecological protection [8] - Recent policies include increased subsidies for the replacement of agricultural machinery and support for the development of advanced agricultural equipment [10] Industry Supply Chain - The supply chain consists of upstream raw materials and components, midstream manufacturing, and downstream sales channels [11] - Key raw materials include steel, non-ferrous metals, rubber, and plastics, while components include engines and batteries [11] Current Market Trends - The global lawn mower market is expected to reach approximately $9.252 billion in 2024, with a projected growth to $10.195 billion by 2030 [15] - North America is the largest market, accounting for about 48.88% of global demand, driven by a strong culture of home gardening and landscaping regulations [15] Export Performance - In 2024, China's lawn mower exports reached 21.922 million units, a year-on-year increase of 59.6%, with export value rising by 50.26% to 17.589 billion yuan [18] - The first five months of 2025 saw exports of 13.6646 million units, reflecting a growth of 35.72% year-on-year [18] Competitive Landscape - The global lawn mower market is characterized by a competition between foreign brands and domestic players, with established brands like Husqvarna and Honda leading the market [21] - Chinese companies such as DAYE and Greebo are rapidly gaining market share through technological innovation and competitive pricing [21] Key Companies - Major companies in the industry include DAYE, Greebo, and others, with significant revenue growth reported in recent years [25][27] - For instance, DAYE's lawn mower revenue reached 1.558 billion yuan in 2024, a 93.3% increase [25] Future Development Trends - The industry is moving towards higher efficiency, with advancements in electric motor technology and lightweight materials expected to improve operational efficiency by over 30% [29] - Smart technology is becoming a key focus, with new products featuring AI algorithms for optimized mowing paths and remote control capabilities [30] - The shift towards low-carbon and environmentally friendly products is accelerating, with electric models increasingly replacing traditional gasoline-powered mowers [31]

Group 1 - The company Greebo is currently in the process of finalizing details regarding its collaboration with Zhiyuan Robotics [1] - Due to confidentiality requirements related to commercial information, the company is unable to disclose specific details at this time [1]

Core Viewpoint - The company is currently in the process of finalizing details regarding its collaboration with Zhiyuan Robotics, but specific information cannot be disclosed due to confidentiality requirements [1] Group 1 - The company has received inquiries from investors about the progress of its partnership with Zhiyuan Robotics [1] - The collaboration details are still being worked out, indicating that the partnership is in its early stages [1] - The company has emphasized the importance of confidentiality regarding commercial information, which limits the disclosure of specific details [1]

Core Insights - The lawn mowing robot industry is transitioning from a startup-dominated market to one where established companies are competing, driven by increasing capital market interest and significant events in Europe and the US [1][2] - The demand for smart lawn mowers has shifted from being optional consumer goods to essential household appliances, with the European and American market expected to exceed $6 billion by 2025 [1] Market Dynamics - The competition in the smart lawn mower market is intensifying, leading to a focus on price reduction while maintaining performance and user experience [2] - Current mainstream solutions include RTK positioning, laser radar navigation, UWB technology, and pure vision solutions, each with its own advantages and limitations [2][4] Technological Advancements - Pure vision solutions demonstrate significant advantages in cost, convenience, and environmental adaptability, reducing hardware costs by over 80% compared to laser radar solutions [4] - The pure vision approach allows for easy installation and maintenance, requiring only five minutes for mapping, and performs well in complex environments [4][9] Product Development - Guanghetong has developed a complete solution based on pure vision technology, integrating advanced computer vision algorithms and hardware design to enhance environmental perception, autonomous positioning, and intelligent decision-making [5][16] - The solution includes core components and SDKs for path planning and energy management, significantly lowering development barriers and deployment costs for the smart lawn mower industry [5][16] Performance Features - The solution features algorithms for boundary distinction, obstacle avoidance, and global planning, utilizing dual cameras for real-time environmental data analysis [7][10] - It employs VSLAM technology for high-precision navigation and robust performance, effectively controlling positioning errors [7][10] Market Recognition - Guanghetong's pure vision solution has gained international recognition, with successful deployments in Europe and positive reviews from authoritative evaluation agencies [13][14] - The solution is expected to disrupt the high-end market and lower industry entry barriers, encouraging more small and medium-sized manufacturers to enter the market [16]

Investment Rating - The report maintains a "Buy" rating for the mechanical industry [1] Core Insights - The mechanical industry is experiencing significant advancements, particularly in humanoid robots and automation technologies, with major companies launching mass production of innovative products [3][4][6] - The humanoid robot sector is expected to see a breakthrough in 2025, with mass production levels reaching thousands of units, which will enhance data collection and training capabilities [6] - The agricultural machinery market is facing challenges, but long-term demand is anticipated to rise due to policy support and export opportunities [9] - The engineering machinery sector is currently under pressure domestically but is witnessing growth in exports, with a positive outlook for infrastructure investments [13] - The low-altitude economy is gaining traction, with government support and increasing applications in tourism and logistics [24] Summary by Relevant Sections Humanoid Robots - On June 30, Junpu Intelligent's subsidiary launched mass production of humanoid robots, marking a significant milestone in the industry [3] - The Sichuan provincial government is promoting the development of humanoid robots and related AI products [3] - The humanoid robot industry is expected to see substantial growth, with a focus on complex functionalities and cost reduction in production [6] Agricultural Machinery - The agricultural machinery market's sentiment index is at 40.9%, indicating a downturn [8] - Despite current challenges, tractor exports have increased by 12.6% in quantity and 31.2% in value from January to May 2025 [9] Engineering Machinery - In May 2025, excavator sales reached 18,202 units, with domestic sales declining by 1.5% but exports increasing by 5.4% [13] - The engineering machinery sector is expected to recover as infrastructure investments rise [13] Low-altitude Economy - The low-altitude economy is being actively developed, with initiatives in low-altitude tourism and support for eVTOL aircraft [24][22] - The government is encouraging the application of low-altitude equipment and services across various sectors [22]

Core Viewpoint - Greebo (301260.SZ), the first stock in the new energy garden machinery sector, achieved a turnaround in 2024 with a net profit increase of 118.53% to 87.89 million yuan, although this performance has not yet returned to pre-IPO levels, and quarterly profits remain volatile [1][2]. Financial Performance - In 2024, Greebo reported total revenue of 5.426 billion yuan, a year-on-year increase of 17.52%, and a net profit attributable to shareholders of 87.89 million yuan, up 118.53% [2][3]. - The company's net profit in 2023 was -474.37 million yuan, marking a 278.4% decline compared to the previous year, indicating that profitability has not yet recovered to pre-IPO levels [2][3]. - Revenue growth has been inconsistent, with total revenue for 2023 at 4.617 billion yuan, and a significant drop in net profit from 2020 to 2022, where it consistently exceeded 250 million yuan [2][3]. Revenue Structure and Growth - Greebo has shifted its revenue structure from customer brands to self-owned brands, with self-owned brand revenue accounting for 68.99% and customer brand revenue 31.01% in 2024 [4]. - Self-owned brand revenue grew by only 2.74% to 3.743 billion yuan in 2024, while customer brand revenue surged by 72.81% to 1.683 billion yuan [4]. - The growth rate of self-owned brand revenue has been declining, from 23.12% in 2021 to 2.74% in 2024 [4][5]. Market Dynamics - In 2024, Greebo's product sales increased by 15.25% to 6.1513 million units, with 98.03% of revenue coming from overseas markets [4]. - The company is experiencing a transition in the outdoor power equipment sector from fuel to electric drive, with new energy garden machinery revenue reaching 4.029 billion yuan, a 29.51% increase [4]. Cash Flow and Financial Challenges - Greebo's cash flow remains under pressure, with accounts receivable reaching 1.787 billion yuan, up 4.71 million yuan from the previous year, and inventory increasing to 2.379 billion yuan, a 14.63% rise [6]. - The company reported a negative cash flow from operating activities of -262 million yuan in Q1, compared to a positive 233 million yuan at the end of the previous year [6]. Strategic Initiatives - Greebo is actively seeking to alleviate financial pressures by utilizing idle fundraising of up to 1.5 billion yuan for operational liquidity [7]. - The company has announced a strategic focus on robotic products, particularly lawn mowing robots, with expectations for significant breakthroughs by 2026 [7][8]. - A partnership with Zhiyuan Robotics aims to enhance Greebo's competitiveness in the service robot market, with production set to begin at Greebo's global manufacturing base [7].

Core Viewpoint - The article discusses the rapid growth and challenges in the lawn mowing robot industry, highlighting the increasing competition and market dynamics as domestic companies expand into overseas markets, particularly in Europe and the United States [2][5][12]. Group 1: Market Dynamics - Lawn mowing robots have become a mainstream product for domestic companies entering the European and American markets, with significant sales growth reported [3][4]. - Major markets for exported lawn mowers include Germany, the UK, and the US, with Germany being the largest consumer [4][9]. - The market for lawn mowing robots is currently valued at $2.5 billion, with a sales penetration rate of only 12.5% and a volume penetration rate of 4-5% [27][29]. Group 2: Industry Challenges - The industry is experiencing a mix of successes and failures, with some companies facing operational challenges and even dissolution due to restructuring and funding issues [6][12]. - The competitive landscape is intensifying, with many new entrants and established players vying for market share, leading to a potential "bloodbath" in the market by 2025 [14][33]. - The survival of companies in this sector depends on their ability to innovate and manage costs effectively, as any weakness in technology, supply chain, or distribution can jeopardize their success [12][33]. Group 3: Technological Advancements - The evolution of lawn mowing robots is marked by a shift from manual to fully automated systems, driven by the need for efficient lawn maintenance in outdoor spaces [15][21]. - Advanced technologies such as RTK positioning and laser radar are being integrated into lawn mowing robots to enhance their operational capabilities [25][23]. - The introduction of innovative designs, such as the use of roll blade technology, aims to address common issues with traditional mowing methods [12]. Group 4: Future Outlook - The global lawn mower market is projected to reach $32.31 billion in 2023, with an expected compound annual growth rate (CAGR) of 6.0% from 2023 to 2030 [32]. - By 2030, the market for lawn mowing robots is anticipated to exceed $15.937 billion, with a penetration rate of 33% [32]. - The competitive landscape will continue to evolve, with both traditional and new players focusing on technological innovation and market penetration strategies [33][34].