Ge Long Hui A P P·2026-01-23 05:25Core Viewpoint - The company, Jiechang Drive, has exceeded market expectations in its 2025 performance forecast, with a focus on deepening its layout in the robotics components sector [1] Group 1: Company Performance - Jiechang Drive is a leader in the linear drive industry, with subsidiaries in multiple global locations and five major production bases in Ningbo, Xinchang, Malaysia, the United States, and Europe [1] - The first phase of the European logistics and production base has been completed, enhancing collaboration with its German subsidiary and Austrian LOGICDATA, which will improve technology research and development, production delivery, and supply chain management capabilities in Europe [1] - The company has established an efficient customer demand response mechanism, effectively increasing customer satisfaction and loyalty, leading to a rise in market share and steady growth in linear drive control business [1] Group 2: Future Outlook - For 2026, the company expects its linear drive business revenue to maintain a steady year-on-year growth of 20-30% [1] - The company is developing its own robotics components product line, creating a second growth curve [1] - Due to the ongoing deepening of its overseas layout and stable performance growth, the company has revised its net profit forecasts for 2025-2027 to 416 million, 545 million, and 712 million yuan respectively, representing year-on-year increases of 47%, 31%, and 31% [1] - The current price corresponds to a PE ratio of 36x, 27x, and 21x for the years 2025, 2026, and 2027, respectively, maintaining a "buy" rating [1]