每周股票复盘：中重科技（603135）半年报毛利率提升3个百分点

Core Points - Zhongzhong Technology (603135) closed at 10.85 yuan on September 12, 2025, up 5.54% from last week's 10.28 yuan [1] - The company's total market capitalization is 6.868 billion yuan, ranking 60th out of 177 in the specialized equipment sector and 2592nd out of 5153 in the A-share market [1] Company Announcements - The company participated in an investor online reception day on September 11, 2025, discussing operational results and financial status [1][3] - The company has established a "continuous casting - hot rolling - cold rolling" industrial chain, expanding into high-end markets such as automotive and home appliances, and securing overseas orders from countries like India [1] - The core product is an intelligent universal steel rolling mill, which has superior technology, energy consumption, and cost compared to international peers, maintaining the highest market share for several years [1] - The gross profit margin increased by 3 percentage points year-on-year in the first half of the year, primarily due to a higher proportion of overseas high-margin orders [3] - The net cash flow was 162 million yuan, attributed to increased collections and payment controls [1] - Fundraising projects have been postponed to April 2026 due to delays in order delivery and the need for overseas technology adaptation, while production capacity planning remains unchanged [1][3] - The company is focusing on artificial intelligence and robotics applications in metallurgical production lines [1] - A hot rolling project has been signed in Nigeria, with ongoing projects in Indonesia and India, further deepening the "Belt and Road" market layout [1][3]