浙江斯菱汽车轴承股份有限公司 2025 年第三季度报告 证券代码：301550 证券简称：斯菱股份 公告编号：2025-041 浙江斯菱汽车轴承股份有限公司 2025 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.董事会、董事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担 个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第三季度财务会计报告是否经过审计 是 □否 1 浙江斯菱汽车轴承股份有限公司 2025 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末比上 年初至报告期末 | | | --- | --- | --- | --- | --- | | | | 增减 | 年同期增减 | | | 营业收入（元） | 189,914,858.04 | -3.61% ...

证券代码：301550 证券简称：斯菱股份 公告编号：2025-042 浙江斯菱汽车轴承股份有限公司 第四届董事会第十二次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、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 浙江斯菱汽车轴承股份有限公司（以下简称"公司"）第四届董事会第十二次会议 通知于 2025 年 10 月 17 日以电子邮件等通讯方式发出，于 2025 年 10 月 22 日在公司 会议室以现场结合通讯的方式召开。会议由公司董事长姜岭先生主持，本次会议应出 席董事 5 人，实际出席董事 5 人，公司高级管理人员列席了会议。 本次会议的召集、召开和表决程序符合有关法律、法规和《公司章程》的规定。 二、董事会会议审议情况 与会董事经过审议，表决通过了以下议案： （一）审议通过《关于公司<2025 年第三季度报告>的议案》 公司《2025 年第三季度报告》的编制及审议程序符合法律、行政法规，报告内容 真实、准确、完整地反映了公司 2025 年第三季度的经营情况，不存在虚假记载、误 导性陈述或者重大遗漏。 具体内容详见公司在巨潮资讯网（http://www.cn ...

证券代码：301550 证券简称：斯菱股份 公告编号：2025-043 浙江斯菱汽车轴承股份有限公司 关于公司2025年前三季度利润分配方案的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1、浙江斯菱汽车轴承股份有限公司（以下简称"公司"）2025年前三季度 利润分配方案为：以公司现有总股本159,500,000股为基数，向全体股东按每 10股派发现金股利人民币2元（含税），共计派发人民币31,900,000元（含税 ），同时以资本公积向全体股东每10股转增4.5股，合计转增股本71,775,000股 ，预计转增后总股本为231,275,000股（最终转增股数以中国证券登记结算有 限责任公司实际转增结果为准）。本次利润分配不送红股，剩余未分配利润 结转以后年度。 2、公司现金分红方案不涉及《深圳证券交易所创业板股票上市规则》第 9.4 条规定的可能被实施其他风险警示情形。 一、审议程序 公司于2025年10月22日召开第四届董事会审计委员会第九次会议和第四 届董事会第十二次会议，审议通过了《关于公司2025年前三季度利润分配方案 的议案》， ...

从资金流向上来看，当日汽车零部件板块主力资金净流出3.28亿元，游资资金净流出5.08亿元，散户资金 净流入8.36亿元。汽车零部件板块个股资金流向见下表： 证券之星消息，10月20日汽车零部件板块较上一交易日上涨1.73%，旺成科技领涨。当日上证指数报收 于3863.89，上涨0.63%。深证成指报收于12813.21，上涨0.98%。汽车零部件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) | | | --- | --- | --- | --- | --- | --- | --- | | 920896 | 旺成科技 | 23.19 | 14.80% | 7.64万 | | 1.77亿 | | 001282 | 三联锻造 | 25.97 | 10.00% | 21.56万 | | 5.35亿 | | 301550 | 斯菱股份 | 115.59 | 8.56% | 5.73万 | | 6.55亿 | | 600933 | 爱柯迪 | 21.77 | 8.36% | 52.32万 | | 11.37亿 | | 002664 | 信质集团 | 32.52 | ...

Core Viewpoint - The company, Siling Co., Ltd., is experiencing growth in its operations, particularly in the production of harmonic reducers and components for humanoid robots, benefiting from the depreciation of the RMB and its classification as a "specialized and innovative" small giant enterprise [2][3]. Company Overview - Siling Co., Ltd. is located in Zhejiang Province and was established on November 22, 2004. It was listed on September 15, 2023. The company specializes in the research, development, manufacturing, and sales of automotive bearings [7]. - The main revenue composition includes: 80.22% from braking system bearings, 12.78% from transmission system bearings, 5.27% from power system bearings, 0.94% from non-automotive bearings, and 0.79% from other sources [7]. Financial Performance - For the period from January to June 2025, the company achieved a revenue of 391 million yuan, representing a year-on-year growth of 8.75%. The net profit attributable to the parent company was 99.17 million yuan, with a year-on-year increase of 4.95% [7]. - As of June 30, 2025, the company had a total market capitalization of 17.837 billion yuan, with a trading volume of 745 million yuan and a turnover rate of 6.87% [1]. Market Position and Recognition - The company has been recognized as a "specialized and innovative" small giant enterprise, which is a prestigious title in China, indicating strong innovation capabilities and high market share in niche markets [3]. - The overseas revenue accounted for 68.37% of total revenue, benefiting from the depreciation of the RMB [3]. Shareholder and Institutional Holdings - As of June 30, 2025, the number of shareholders increased by 27.55% to 16,900, with an average of 5,756 circulating shares per person, up by 13.68% [7]. - The top ten circulating shareholders include notable funds, with significant increases in holdings for several institutions [8].

Investment Rating - The report gives a "Buy" rating for the company, marking its initial coverage [10]. Core Insights - The company specializes in manufacturing automotive bearings, focusing on the aftermarket, which is expected to benefit from the increasing age and ownership of vehicles. Additionally, the company is actively entering the robotics sector, particularly in harmonic reducers and rotary actuators, which may open a second growth curve [3][10]. Summary by Sections Bearings: Focus on Automotive Aftermarket - The company is a professional manufacturer of automotive bearings, primarily targeting the aftermarket with a stable development outlook. The growth in vehicle age and ownership is expected to expand the automotive aftermarket [6][39]. Product: Comprehensive Layout in Automotive Bearings - The product range includes various automotive bearings such as wheel hub bearings, cone bearings, clutch bearings, and more. The company has a well-rounded product matrix aimed at the aftermarket [6][40]. End Market: Increasing Vehicle Age and Ownership - The increasing vehicle age is expected to drive the expansion of the automotive aftermarket. The average maintenance costs rise significantly with vehicle age, indicating a growing market opportunity [44][46]. Robotics: Layout of Harmonic Reducers and Joint Modules - The company has established a robotics components division, focusing on harmonic reducers and rotary joint modules, with plans for significant investment in smart technology upgrades for production [9][57]. Harmonic Reducers: Significant Domestic Replacement Potential - Harmonic reducers are crucial components for humanoid robots, with a large domestic replacement potential as the market is currently dominated by foreign companies [7][58]. Manufacturing Challenges: Core Barriers in Harmonic Reducer Production - The production of harmonic reducers involves complex material selection, design, and processing techniques, which present significant manufacturing challenges [8][66]. Financial Projections: Expected Profit Growth - The company anticipates achieving net profits of 210 million, 250 million, and 350 million yuan for the years 2025, 2026, and 2027, respectively [10].

Core Viewpoint - The stock of Siling Co., Ltd. experienced a decline of 5.53% on October 14, with a trading volume of 496 million yuan and a market capitalization of 17.736 billion yuan [1] Company Overview - Siling Co., Ltd. specializes in the research, development, manufacturing, and sales of automotive bearings, with a revenue composition of 80.22% from braking system bearings, 12.78% from transmission system bearings, 5.27% from power system bearings, and 0.94% from non-automotive bearings [7] - The company was established on November 22, 2004, and went public on September 15, 2023 [7] - As of June 30, 2025, the company reported a revenue of 391 million yuan, representing a year-on-year growth of 8.75%, and a net profit attributable to shareholders of 99.1716 million yuan, up 4.95% year-on-year [7] Business Developments - The company is in the early stages of mass production for its harmonic reducers and plans to cover various fields including industrial robots, collaborative robots, and humanoid robots [2][3] - In the 2024 annual report, overseas revenue accounted for 68.37% of total revenue, benefiting from the depreciation of the yuan [3] Market Position - The company has been recognized as a "specialized, refined, distinctive, and innovative" small giant enterprise, which is a prestigious title for small and medium-sized enterprises in China, indicating strong innovation capabilities and high market share [3] Financial Analysis - The main funds have seen a net outflow of 73.8695 million yuan today, with a continuous reduction in the past two days [4][5] - The average trading cost of the stock is 120.98 yuan, with the stock price approaching a resistance level of 112.80 yuan, indicating potential for a price correction if it fails to break through this level [6] Shareholder Information - As of June 30, 2025, the number of shareholders increased by 27.55% to 16,900, with an average of 5,756 shares held per person, up 13.68% [7][8] - Major shareholders include Yongying Advanced Manufacturing Mixed Fund and Penghua Carbon Neutral Theme Mixed Fund, with notable increases in their holdings [8]

Core Viewpoint - The stock of Siling Co., Ltd. experienced a significant decline of 7.58% on October 13, with a trading volume of 607 million yuan and a market capitalization of 18.775 billion yuan [1] Company Overview - Siling Co., Ltd. specializes in the research, development, manufacturing, and sales of automotive bearings, with a revenue composition of 80.22% from braking system bearings, 12.78% from transmission system bearings, 5.27% from power system bearings, 0.94% from non-automotive bearings, and 0.79% from other sources [7] - The company was established on November 22, 2004, and went public on September 15, 2023 [7] - As of June 30, 2025, the company reported a revenue of 391 million yuan, reflecting a year-on-year growth of 8.75%, and a net profit attributable to shareholders of 99.1716 million yuan, up 4.95% year-on-year [7] Business Developments - The company is in the early stages of mass production for its harmonic reducers, which are essential components for industrial and humanoid robots, as well as electric vehicles [2][3] - Siling Co., Ltd. has successfully developed and mass-produced high-performance new products, including low-energy consumption bearings and self-locking hub bearings, while also achieving key technological breakthroughs in high-speed bearings for electric vehicle drive motor systems [3] Market Position - The company has a significant international presence, with overseas revenue accounting for 68.37% of total revenue, benefiting from the depreciation of the Chinese yuan [5] - Siling Co., Ltd. has been recognized as a "specialized, refined, distinctive, and innovative" small giant enterprise, which is a prestigious title in China for companies that excel in niche markets and possess strong innovation capabilities [5] Shareholder Information - As of June 30, 2025, the number of shareholders increased by 27.55% to 16,900, with an average of 5,756 circulating shares per person, up 13.68% [7] - The company has distributed a total of 99 million yuan in dividends since its A-share listing [8] - Notable institutional shareholders include Yongying Advanced Manufacturing Mixed Fund and Penghua Carbon Neutral Theme Mixed Fund, which have increased their holdings [8]

证券日报网讯 10月9日晚间，斯菱股份发布公告称，公司于2025年8月22日召开第四届董事会第十次会 议、于2025年9月10日召开2025年第一次临时股东大会，分别审议通过了《关于变更公司注册资本、不 再设置监事会并修订的议案》。近日，公司已完成了工商变更登记，并取得了由浙江省市场监督管理局 换发的《营业执照》。 （文章来源：证券日报） ...

近日，公司已完成了工商变更登记，并取得了由浙江省市场监督管理局换发的《营 业执照》。 一、变更后的营业执照基本信息 证券代码：301550 证券简称：斯菱股份 公告编号：2025-040 浙江斯菱汽车轴承股份有限公司 关于完成工商变更登记并换发营业执照的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 浙江斯菱汽车轴承股份有限公司（以下简称为"公司"）于 2025 年 8 月 22 日召开 第四届董事会第十次会议、于 2025 年 9 月 10 日召开 2025 年第一次临时股东大会，分 别审议通过了《关于变更公司注册资本、不再设置监事会并修订<公司章程>的议案》， 具体内容详见公司于 2025 年 8 月 25 日在巨潮资讯网（www.cninfo.com.cn）披露的《关 于变更公司注册资本、不再设置监事会、修订<公司章程>并办理工商变更登记及制订、 修订部分治理制度的公告》（公告编号：2025-031）。 经营范围：一般项目：轴承销售；轴承制造；汽车零部件研发；汽车零部件及配 件制造；机械设备研发；机械设备销售；轴承、齿轮和传动部件制造；轴承、齿轮和 ...