NBHX(SZ:002048) Zheng Quan Shi Bao Wang·2025-10-29 02:49Core Viewpoint - Ningbo Huaxiang reported strong financial performance in Q3 2023, driven by domestic market efficiency improvements and strategic investments in emerging sectors like humanoid robots and high-performance new materials [1][2][3] Financial Performance - For the first three quarters, the company achieved revenue of 19.224 billion, a year-on-year increase of 5.88% [1] - The net profit attributable to shareholders, excluding non-recurring gains and losses, was 1.071 billion, reflecting a year-on-year growth of 63.89% [1] - In Q3 alone, the net profit attributable to shareholders reached 462 million, a remarkable year-on-year increase of 149.27% [1] - The adjusted net profit for Q3 was 471 million, soaring by 163.06% year-on-year [1] - The company distributed cash dividends of 381 million, indicating robust cash flow and confidence in future growth [1] Strategic Initiatives - The company has entered the humanoid robot sector with the establishment of "Huaxiang Qiyuan" series companies, aiming to leverage its automotive production capabilities in this new field [2] - A significant milestone includes the planned delivery of 1,000 units of the Zhiyuan Robot Expedition series by the second half of 2025 [2] - In the new materials sector, the company formed a joint venture to focus on the research and application of PEEK materials, crucial for lightweight and high-performance applications in robotics and high-end automotive [2] - The joint venture has invested 30 million to acquire patent licenses related to PEEK, enhancing its strategic positioning in high-performance materials [2] Capital Market Utilization - To support long-term strategic development, the company plans to raise up to 2.92 billion through a private placement for various projects, including smart manufacturing and digital upgrades [3] - The projects aim to enhance collaboration with downstream manufacturers and improve overall competitiveness in the industry [3]