Zheng Quan Zhi Xing·2025-06-19 10:36Core Viewpoint - The company, Xing Shuai Er (002860), is actively engaging with investors and showcasing its strong innovation capabilities and product offerings in the cooling and electric motor sectors, while also focusing on new energy developments and market expansion [1][4]. Company Overview - Xing Shuai Er was listed on the Shenzhen Stock Exchange in April 2017 and is recognized as a high-tech enterprise with strong innovation and independent research capabilities [2]. - The main business includes the research, production, and sales of various types of thermal protectors for refrigeration compressors, starters, sealed connection columns, temperature controllers for small appliances, and various electric motor products, as well as photovoltaic components [4]. Research and Development - The company emphasizes its robust R&D capabilities, with a focus on high-efficiency permanent magnet motors and servo motors, and has established partnerships with universities for technological collaboration [2][4]. - The company plans to increase support for its subsidiary, Zhejiang Electric Motor, in terms of technology, finance, and human resources to enhance new product development and market expansion [4]. Market Applications - The products from the subsidiary, Zhejiang Electric Motor, are primarily used in various sectors including industrial machinery, mining machinery, oil fields, new energy vehicles, elevators, refrigerators, air conditioners, wind power generation, electric motorcycles, and military applications [3]. Financial Performance - In the first quarter of 2025, the company reported a main revenue of 503 million yuan, an increase of 8.37% year-on-year, and a net profit attributable to shareholders of 64.3 million yuan, up 21.73% year-on-year [4]. - The company’s gross profit margin stands at 20.32%, with a debt ratio of 37.1% [4]. Market Sentiment - Over the past 90 days, two institutions have rated the stock as a buy, with an average target price of 15.3 yuan [5]. - Recent financing data indicates a net inflow of 39.5 million yuan in financing over the last three months, suggesting positive market sentiment [7].