北交所公司迎机构调研热潮 业绩增长与技术突破成关注焦点

Core Insights - There has been a surge in institutional research activities for companies listed on the Beijing Stock Exchange since September, with a focus on product development, technological reserves, and market expansion, indicating high market interest in the growth potential of these companies [1] Group 1: Core Product Performance - Several companies on the Beijing Stock Exchange reported significant revenue growth in the first half of the year due to the competitive strength of their core products. For instance, Shuguang Digital's revenue increased by 43.23% year-on-year, with its immersion liquid cooling revenue soaring by 212.82% and cold plate liquid cooling revenue rising by 42.36% [2] - KAIT's actuator product sales grew by 77.41% year-on-year, with its sales proportion increasing from 36.67% to 44.91%, driven by the rising demand for automotive intelligence [2] - Wantong Hydraulic's overseas revenue grew by 41.24% year-on-year, attributed to enhanced product adaptability and performance, along with deepened cooperation with international clients [3] Group 2: R&D Capabilities - Companies are increasing R&D investments to enhance existing product performance and expand technological applications. Shuguang Digital launched a phase change cold plate liquid cooling solution, which improves heat dissipation capability by over 15% compared to traditional solutions [4] - Wantong Hydraulic's R&D expenses increased by 15.93% year-on-year, focusing on high-precision components for humanoid robots and innovative oil-gas separation equipment for large-load industrial robots [4] - Yuanhang Precision is advancing the development of ultra-thin nickel-based materials, achieving a key technological upgrade to meet higher precision application demands [4] Group 3: Market Expansion - Companies are actively pursuing order conversion and market expansion strategies. Shuguang Digital expects its revenue growth to maintain the same level as the first half of the year, with a significant portion of its revenue coming from immersion and cold plate liquid cooling products [7] - KAIT is advancing its fundraising projects and expanding production capacity, aiming to enter global markets more rapidly through collaborations with new clients [8] - Wuxi Jinghai is expanding into the amino acid market for special medical foods and microelectronics cleaning, anticipating increased demand across various sectors due to rising living standards and sustainable development trends [8]