XZB(SH:603040) Dongxing Securities·2025-09-09 08:24Investment Rating - The report maintains a "Recommended" rating for the company [5][11]. Core Insights - The company has demonstrated its research and development capabilities through the recent publication of several invention patents, including innovative manufacturing methods for screw nuts [1][2]. - The new rolling forming process for screw nuts is expected to enhance efficiency and precision, addressing challenges in the production of precision components for robotics [1][2]. - The company is expanding its product offerings into high-precision components for various applications, including automotive precision solenoids and electric drive systems, which positions it well for future growth [3][11]. Financial Forecast - The company is projected to achieve a net profit of 260.59 million yuan in 2025, with an expected growth rate of 23.15% [12]. - Revenue is forecasted to grow from 583.30 million yuan in 2023 to 1,115.61 million yuan by 2027, reflecting a compound annual growth rate of approximately 17.83% [12]. - The earnings per share (EPS) is expected to increase from 1.35 yuan in 2023 to 2.68 yuan in 2027, indicating a positive trend in profitability [12].