祥鑫科技三季报营收再创同期历史新高，人形机器人等新业务进展顺利

Core Insights - The company reported a revenue of 5.667 billion yuan for the first three quarters of 2025, marking a year-on-year growth of 16.16%, achieving a historical high in revenue; however, net profit attributable to shareholders decreased to 159 million yuan [1] - The company's core business segments demonstrated strong market resilience, particularly in the new energy sector, with significant collaborations with leading automotive manufacturers and battery producers [2] Business Performance - The revenue growth in the third quarter was driven by the synergy of three core business segments, including precision stamping molds for the automotive industry, which strengthened partnerships with major car manufacturers such as GAC Group, Geely, BYD, and XPeng [2] - In the power battery sector, the company has established comprehensive cooperation with top ten domestic battery manufacturers, contributing to significant business growth [2] - The company achieved a milestone in the photovoltaic and energy storage sector by launching a joint energy storage system with PANECO, emphasizing safety, longevity, and intelligence [2] Strategic Partnerships - The company announced a long-term global strategic partnership with KDH AR from Australia and SANSO Electric from Japan, focusing on a demonstration project integrating photovoltaic, energy storage, and computing power [3] New Business Development - The humanoid robot business has made significant progress, completing the development of two generations of dexterous hands, which are now being industrially applied [4] - The second-generation dexterous hand features a lightweight design and high precision, meeting the demands of various industrial applications [4] - The company has also invested in key components of the power system and established a comprehensive ecosystem for humanoid robots [4] AI Cooling Solutions - The company launched a liquid cooling solution for AI computing power, which includes CPU/GPU liquid cooling modules and other innovative components [5] - The liquid cooling module features a microchannel design that significantly increases heat exchange area and efficiency, compatible with major AI chips [6]