证券代码：301550 证券简称：斯菱股份 公告编号：2025-053 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： （一）本次股东会不存在否决议案的情形。 （二）本次股东会不涉及变更以往股东会已通过的决议。 一、会议召开和出席情况 （一）召开时间：2025 年 12 月 22 日（星期一）14:00 浙江斯菱汽车轴承股份有限公司 2025年第三次临时股东会决议公告 （二）召开地点：浙江省新昌县澄潭街道江东路 3 号公司三楼会议室 （三）召开方式：本次股东会采用现场投票与网络投票表决相结合的方式召开 （四）召集人：浙江斯菱汽车轴承股份有限公司董事会 （五）主持人：董事长姜岭 （六）本次会议的召集、召开程序符合《中华人民共和国公司法》《上市公司股东 会规则》《深圳证券交易所创业板股票上市规则》等有关法律、行政法规、规范性文 件和《浙江斯菱汽车轴承股份有限公司章程》的有关规定。 二、会议出席情况 （一）股东出席的总体情况 参加本次股东会现场会议和网络投票表决的股东及股东代理人共 159 人，代表有 表决权的股份合计为 97,344,686 股，占浙江 ...

2025 年第三次临时股东会 之法律意见书 北京金杜（杭州）律师事务所 关于浙江斯菱汽车轴承股份有限公司 致：浙江斯菱汽车轴承股份有限公司 北京金杜（杭州）律师事务所（以下简称本所）接受浙江斯菱汽车轴承股份 有限公司（以下简称公司）委托，根据《中华人民共和国证券法》（以下简称《证 券法》）、《中华人民共和国公司法》（以下简称《公司法》）、中国证券监督管理委 员会《上市公司股东会规则》（以下简称《股东会规则》）等中华人民共和国境内 （以下简称中国境内，为本法律意见书之目的，不包括中国香港特别行政区、中 国澳门特别行政区和中国台湾省）现行有效的法律、行政法规、规章和规范性文 件和现行有效的《浙江斯菱汽车轴承股份有限公司章程》（以下简称《公司章程》） 有关规定，指派律师出席了公司于 2025 年 12 月 22 日召开的 2025 年第三次临时 股东会（以下简称本次股东会），并就本次股东会相关事项出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括但不限于： 1.经公司 2025 年第一次临时股东会审议通过的《公司章程》； 2.公司 2025 年 12 月 6 日刊登于巨潮资讯网及深圳证券 ...

鹏华基金研究部副总经理王海青表示："市场向上趋势与主线并未改变，短期调整给投资者带来较好的 布局机会。我们看好以科技为代表的先进制造业，以有色、化工为代表的周期股，以及非银方向绩优标 的。" 近期，不少专业投资人已开始为跨年行情做准备。 经过回调的港股创新药板块依然受到机构关注。从基本面来看，嘉实基金大健康研究总监、嘉实互融精 选基金经理郝淼分析称，当前行业基本面依然良好，创新药出海趋势仍在持续。创新药产业链包括上游 的CXO、科研服务（试剂、设备、耗材等）。今年创新药出海带动了整个链条的资金好转，上游企业 订单及业绩均有所改善。随着创新药持续出海，上游产业链景气度有望持续提升。不过，创新药是长期 赛道，不宜过度追高，可在板块情绪相对低落、出现回调时布局，中长期持有体验可能更好。 Choice数据显示，11月18日至12月18日，公募基金密集调研，较为青睐的上市公司包括中科曙光、海光 信息、立讯精密、长安汽车、杰瑞股份、世纪华通、广联航空、九号公司、伟创电气、斯菱股份。这些 公司多属于制造业，细分行业方向包括计算机、集成电路、乘用车、消费电子、油田服务、游戏娱乐、 航空设备等。 事实上，不少机构认为，市场短期 ...

Investment Rating - The report rates the automotive parts industry as "Positive" (First Time) [1] Core Viewpoints - The loosening of regulations is expected to accelerate the mass production of electronic mechanical brakes (EMB) and steer-by-wire (SBW), leading to a significant market expansion [3] - The domestic market for line-controlled chassis is projected to exceed 100 billion by 2030, driven by advancements in high-level autonomous driving [3][30] - The report emphasizes the importance of focusing on high-quality Tier 1 suppliers and upstream components such as motors and lead screws [4][9] Summary by Relevant Sections Line-Controlled Chassis - The pursuit of human-machine decoupling in line-controlled chassis is fundamental for achieving L3/L4 autonomous driving [9] - The market for line-controlled braking systems is expected to reach 50 billion by 2030, with EMB projected at 16.4 billion [3][30] - The line-controlled steering market is anticipated to reach 50 billion by 2030, with SBW projected at 21.5 billion [3][30] Regulatory Developments - Regulations allowing EMB to be implemented in vehicles will officially take effect on January 1, 2026 [3][26] - New policies regarding SBW are expected to be catalyzed within the year, although specific certification details remain unclear [3][26] Market Dynamics - The report highlights that the penetration rate of line-controlled chassis is expected to rise from 5% in 2025 to 30% by 2030 [31] - The overall market for intelligent chassis in China is projected to exceed 100 billion by 2030, with a compound annual growth rate (CAGR) of 37% from 2025 to 2030 [30][29] Key Companies to Watch - The report suggests focusing on leading Tier 1 suppliers with comprehensive platform capabilities, such as NEXTEER, ZF, and others [4][9]

具体来看，融资余额增长的创业板股有403只，其中，18股融资余额增幅超过10%。增幅最大的是邵阳 液压，该股最新融资余额1.19亿元，环比上一交易日增幅为34.17%；股价表现上，该股当日上涨 19.98%，表现强于创业板指；融资余额增幅较多的还有晶雪节能、哈焊华通等，分别增长26.82%、 21.86%。 融资余额增幅10%以上的个股中，从市场表现来看，当日平均上涨4.25%，上涨的有11只，涨停的有邵 阳液压、国瓷材料等2只，涨幅居前的有汇成真空、新迅达、哈焊华通，涨幅分别为8.44%、8.08%、 8.00%。跌幅居前的有南王科技、嘉曼服饰、东箭科技，跌幅分别为4.20%、3.00%、2.24%。 资金流向方面，融资余额环比增幅居前个股中，12月12日主力资金净流入的有17只，净流入资金居前的 有国瓷材料、邵阳液压、东方日升等，净流入资金分别为2.23亿元、1.85亿元、8220.62万元。 融资余额增幅居前个股 创业板股最新融资余额为5356.95亿元，环比减少8.36亿元，18只股融资余额环比增长超10%，融资余额 环比降幅超5%的有50只。 证券时报·数据宝统计显示，12月12日创业板指上涨0.9 ...

| | | | MERANY.ID | 无佳儿妃巴们以从久夕州大卫侯组厂 | | --- | --- | --- | --- | --- | | | | | | 国内谐波减速器龙头，2022年谐 | | | | | | 绿的谐波 名第二, 2021年全球谐波减速器 | | | | | | 占总收入比例超过80%，谐波减速 | | | | | | 2022年谐波减速器国内市占率6% | | | | | 汉宇集团 | 生 | | | 谐波减速器 | 5 | | 国内轴承第一梯队企业，聚焦于诈 | | 旋转关节*14 | | | | 斯菱股份 品适用于工业机器人、协作机器ノ | | | | | | 景 | | | | | | 谐波减速器产能规划四条产线147 | | | | | 主立智能 | 博世集团是公司第一大客户，也翡 | | | | | 汇川技术 | 收购长春汇通后实现光编码器自制 | | | | | | 光编码器，处于国内领先水平 | | | | | | 子公司禹衡光学是国内编码器领域 | | | | | | 奥普光电 品已顺利导入华中数控、广数、和 | | | 编辑器 | 2.7 | | 新松机器人展开合 ...

创业板股最新融资余额为5284.02亿元，环比增加6.72亿元，26只股融资余额环比增长超10%，融资余额 环比降幅超10%的有13只。 证券时报·数据宝统计显示，12月5日创业板指上涨1.36%，创业板股两融余额合计5301.90亿元，较上一 交易日增加6.92亿元，其中，融资余额合计5284.02亿元，环比上一日增加6.72亿元；融券余额17.88亿 元，环比增加2000.01万元。 具体来看，融资余额增长的创业板股有383只，其中，26股融资余额增幅超过10%。增幅最大的是国际 复材，该股最新融资余额5.27亿元，环比上一交易日增幅为61.37%；股价表现上，该股当日上涨 20.03%，表现强于创业板指；融资余额增幅较多的还有海昌新材、斯菱股份等，分别增长29.09%、 27.01%。 融资余额增幅10%以上的个股中，从市场表现来看，当日平均上涨5.16%，上涨的有21只，涨停的有国 际复材、福赛科技等2只，涨幅居前的有博盈特焊、倍杰特、海昌新材，涨幅分别为10.93%、10.85%、 7.94%。跌幅居前的有华利集团、恒而达、嘉曼服饰，跌幅分别为6.09%、2.88%、2.66%。 资金流向方面，融资 ...

Group 1 - The total margin balance in A-shares is 24,816.76 billion yuan, a decrease of 21.94 billion yuan from the previous trading day, accounting for 2.57% of the A-share circulating market value [1][2] - The trading volume of margin financing and securities lending on that day was 1,794.53 billion yuan, an increase of 249.10 billion yuan from the previous trading day, representing 10.30% of the total A-share trading volume [1][2] Group 2 - Among the 31 primary industries in Shenwan, 11 industries experienced net financing inflows, with the computer industry leading with a net inflow of 999 million yuan [2] - Other industries with significant net financing inflows include defense and military, machinery and equipment, banking, non-banking financials, and agriculture, forestry, animal husbandry, and fishery [2] Group 3 - A total of 25 stocks had net financing inflows exceeding 100 million yuan, with Moer Thread leading at 1,701.21 million yuan [3][4] - Other notable stocks with high net financing inflows include Tianfu Communication, Guiding Compass, Dongfang Wealth, Shengtun Mining, Tonghuashun, Siling Co., International Composite Materials, Aerospace Power, and Industrial Securities [3][4]

Investment Rating - The report maintains an investment rating of "Outperform the Market-A" for the humanoid robot industry, indicating an expected return that will exceed the CSI 300 index by 10% or more over the next six months [3]. Core Insights - The Trump administration is accelerating the development of robotics technology, with significant statements from multiple government departments, suggesting a strong governmental push for AI and robotics as part of broader initiatives to enhance the U.S. position in global AI [1]. - Tesla's Optimus robot has demonstrated significant advancements, including a smooth running video and the showcasing of its humanoid dexterous hands at the NeurIPS conference, indicating progress that may lead to the release of Optimus V3.0 in Q1 2026 [2]. Summary by Sections Government Initiatives - The U.S. Commerce Secretary has met with robotics industry executives, emphasizing support for robotics and advanced manufacturing as key to bringing production back to the U.S. [1] - The U.S. Department of Transportation plans to announce a robotics working group, potentially enhancing the industry's development [1]. Tesla's Optimus Developments - On December 3, Tesla's Optimus team released a video showing the Optimus V2.5 robot running smoothly, marking a significant improvement in its movement capabilities [2]. - The humanoid hands of Optimus, featuring 22 degrees of freedom, were showcased at the NeurIPS conference, demonstrating advanced dexterity comparable to human hands [2]. Investment Focus - As the production timeline for Optimus V3.0 approaches, the report suggests focusing on the supply chain related to Tesla, including companies like Sanhua Intelligent Controls, Top Group, and Hengli Hydraulic [3].

Investment Rating - The report maintains a "Buy" rating for several key stocks in the financial and manufacturing sectors, including Green City China, Jianfa International Group, New China Life Insurance, and Bank of Communications [12][42][44]. Core Views - The report highlights the increasing pressure on corporate earnings in the short term, with a focus on the potential for export recovery in the coming year [9][10]. - The real estate sector is facing downward pressure, but there are expectations for policy support to alleviate burdens on homebuyers [11]. - The non-bank financial sector is experiencing an optimized market structure, with high growth potential in the securities industry [15]. - The banking sector is expected to see accelerated valuation reassessment driven by strong allocation forces [17]. - The new energy sector is at a bottoming phase, with attention on marginal changes in new technologies [20]. - The machinery sector is approaching mass production of humanoid robots, focusing on core supply chain targets [25]. - The military industry is expected to improve, with a focus on military trade, internal installations, and military-to-civilian transitions [27]. - The light industry is emphasizing opportunities in overseas manufacturing and high-quality domestic consumption [30]. Summary by Sections Real Estate - The real estate sector is under increasing downward pressure, particularly in core cities, with expectations for policy measures to lower home purchase thresholds [11]. - Key companies like Green City China and Jianfa International Group are highlighted for their strong land acquisition and sales performance, with projected net profits for 2025-2027 [12][14]. Non-Bank Financial - The securities industry is expected to maintain high growth, with significant improvements in insurance companies' performance [15][16]. - New China Life Insurance is noted for its leading elasticity and potential for growth in the equity market [16]. Banking - The report emphasizes the ongoing valuation repair in the banking sector, particularly for large state-owned banks and city commercial banks [17][19]. - Bank of Communications is highlighted for its low PB valuation compared to peers, indicating potential for significant upside [19]. New Energy - The new energy sector is identified as having established a bottom, with a focus on solar, storage, and lithium battery technologies [20][21]. - Companies like Sunshine Power and Siling Co. are recommended for their growth potential in the energy storage market [22][23]. Machinery - The humanoid robot sector is approaching mass production, with companies like Hengli Hydraulic expected to benefit from this trend [25][26]. Military - The military sector is projected to see upward trends in military trade and civilian applications of military technology [27][28]. Light Industry - The report emphasizes the importance of overseas manufacturing and high-quality domestic consumption opportunities, with companies like Simor International and Aorijin highlighted for their growth potential [30][32][34]. Environmental - The environmental sector is expected to benefit from carbon reduction policies and overseas expansion opportunities, with companies like Huanlan Environment and Ice Wheel Environment noted for their growth prospects [35][40][41].