Core Viewpoint - Chongde Technology shows strong performance growth driven by its focus on sliding bearing core business and advancements in high-performance bearing technology [1] Group 1: Business Performance - The company’s self-developed hydrodynamic oil film sliding bearing products are widely used in high-end fields such as energy generation, industrial drive, petrochemicals, and shipping, with market shares projected at 24.30%, 55.10%, 10.24%, and 6.06% respectively by the first half of 2025 [1] - The overall performance remains robust with a strong profit growth momentum, supported by increased orders in high-end energy sectors such as nuclear power, wind power, gas turbines, and petrochemicals [1] Group 2: Technological Advancements - The company has achieved several key breakthroughs in high-performance bearing technology, making substantial progress in hydrodynamic oil film sliding bearings, new material applications, and new bearing product lines [1] - The acquisition of German company Levicron enhances the company’s technological layout and drives its international strategy, boosting global competitiveness [1] Group 3: Market Strategy - The company is responding to the power demands of data centers by supplying bearings to Dongfang Electric, indicating a strategic alignment with market needs [1]
研报掘金丨华鑫证券：首予崇德科技“买入”评级，利润增长势头强劲