Yongmaotai(SH:605208) Xin Lang Cai Jing·2025-08-28 12:29Event Overview - Southwest region joint venture and asset acquisition completed, with Chongqing Yongmaotai's 39% stake transferred to Baiyudeng Technology and 10% to Baiyudeng New Energy, resulting in a new ownership structure [1] - Establishment of robot-related companies, including Shanghai Yongmaotai Robot Technology Co., Ltd. and Shanghai Yongmaotai Sensor Technology Co., Ltd., both with a registered capital of 75 million [1] Analysis and Judgment - The joint venture and asset acquisition will accelerate the expansion of the automotive and robot parts business in the southwest region, creating new profit growth points for the company [2] - The company is a large domestic producer of recycled aluminum alloys and automotive parts, actively entering the robot parts sector, leveraging partnerships with established players in the southwest automotive industry [2] Strategic Breakthroughs - The company is focusing on the robot sector, participating in the development of various robot products and securing orders from a well-known domestic robot manufacturer [3] - In the magnesium alloy sector, the company has gained contracts from major automotive and electronic manufacturers, positioning itself for significant market share growth [3] Investment Outlook - The company has a well-established integrated supply chain in recycled aluminum alloys and is expanding into robot applications, with projected revenues of 5.45 billion, 7.42 billion, and 10.03 billion from 2025 to 2027, reflecting year-on-year growth rates of 32.93%, 36.09%, and 35.23% respectively [4] - Expected net profits for the same period are 84 million, 113 million, and 158 million, with corresponding year-on-year growth rates of 122.87%, 34.65%, and 40.12% [4]