领益智造拟大宗减持 受让方锁仓半年

Core Viewpoint - The company Lingyi iTech (领益智造) is in a critical phase of steady growth and multi-track layout, with plans for a share reduction by its actual controller, which is not expected to directly impact the stock price. Financial Performance - For the first three quarters of 2025, the company's revenue reached 37.59 billion yuan, representing a year-on-year growth of 19.25% - The net profit attributable to shareholders was 1.94 billion yuan, with a year-on-year increase of 37.66% - The company's profitability continues to improve, with both gross margin and net margin steadily increasing [1] Business Segments Server Solutions - Lingyi iTech has developed comprehensive capabilities in cooling solutions for AI servers, including CDU, liquid cooling modules, and various power supply solutions - The recent acquisition of Limin Da enhances the company's "cooling + power" layout in AI servers, with products covering liquid cooling plates and server racks, serving major clients like NVIDIA and Intel [2] Robotics - In the robotics sector, the company possesses core technologies in reducers, drivers, and motion controllers, offering a wide range of processing and development services - Strategic partnerships have been established with leading companies such as Tesla and UBTECH to collaborate on hardware manufacturing, market expansion, and AI model development [3] AI Glasses - Lingyi iTech focuses on the development of core components and technologies for AI glasses and XR wearable devices, collaborating closely with terminal brands to provide essential parts - The AI-enabled AI/AR glasses are expected to see rapid growth, positioning the company to benefit significantly as a core component supplier [3] Foldable Screen Hardware - The company specializes in providing one-stop solutions for foldable screen hardware, supplying key components such as ultra-thin titanium alloy support parts for products like Samsung's Galaxy Z Fold7 [4]