编号：20250708 | 2025年半年度公司预期实现归属于上市公司股东的 | | --- | | 净利润约 3000 万 元 到 4500 万 元 ， 同 比 增 长 | | 44.06%-116.08%；扣除非经常性损益后的净利润预计在 | | 2500万元到3750万元，同比增长58.09%-137.14%。 | | 二、问答环节 | | Q1：公司上半年业绩增长的主要来源是什么？ | | A：今年上半年传统车轮和阿凡达低碳车轮两块业务 | | 都呈正向增长，其中主要增量来源于阿凡达低碳车轮产 | | 品。随着阿凡达新建产能的释放与阿凡达新一代产品的陆 | | 续投产，下半年公司业绩预计会有更大增量。阿凡达低碳 | | 车轮产品在公司主业的产销占比持续提升，产品结构不断 | | 优化，为公司利润和利润率的提升提供了长效动力。 | | Q2：公司铌微合金材料性能的优势？ | | A：公司自主研发的铌微合金材料具有强度高、韧性 | | 好、易成形等特点，也具有良好的耐腐蚀性和焊接性能， | | 并且铌微合金原材料成本远低于铝合金和钛合金，能同时 | | 满足产品的轻量化与降本需求。 | | 在阿凡达工艺处 ...

在业务达成合作之前，两家上市公司先在股权关系上进行绑定。7月4日，世运电路（603920）宣布，入 股莱尔科技(688683)并持有其5%股份。 具体来看，莱尔科技控股股东广东特耐尔投资有限公司拟通过协议转让的方式向世运电路转让其持有的 公司775.9万股股份，占公司总股本的5%。协议转让价格为19.74元/股，转让总价为1.53亿元。截至今日 收盘，莱尔科技收于25.19元/股，本次交易折价约两成。世运电路暂无在未来12个月内增持莱尔科技股 份的明确安排。 在世运电路看来，莱尔科技是一家专注于功能性胶膜及应用产品FFC、LED柔性线路板、新能源涂碳 箔、碳纳米管等新材料的高新技术企业，且所生产的产品可被广泛应用于3C、低空经济、新能源汽 车、储能、锂离子电池、固态电池、LED照明、半导体、家电等领域。 而在莱尔科技看来，世运电路主营产品为印制电路板PCB，深耕于汽车电子领域，已形成了新能源汽 车、低空飞行器/无人飞行器、人形机器人/人工智能+应用等重点发展板块。"公司的业务发展方向与世 运电路高度契合，展现出良好的协同发展趋势。"莱尔科技表示。 具体来看，双方的战略合作，涉及技术创新与联合研发、资源互通与协 ...

每经记者｜刘艳美 每经编辑｜杨欢 实际上，这并非常州首次关注足球发展。早在2021年，《常州市"十四五"体育发展规划》就提出，要重点将足球等基础大项布局全市中小学， 大力推广校园足球，加大足球发展专项资金投入力度，研制引进足球专业人才进校园的方案。充分依托常体足球俱乐部，探索人才培养和市场 运行协同发展道路，大量引进、吸纳优秀足球专业人才，打造优秀教练员团队，扩大足球人口。 2023年，常州市体育局又印发《促进体育产业高质量发展三年行动计划（2023--2025年）》，进一步提及要合理布局足球等运动项目产业，加 快建设完善足球训练基地等，引进足球等品牌价值高、市场前景广、国际影响力大的重大体育赛事，鼓励社会资本组建足球等职业俱乐部。 不过常州市体育局方面此前也坦言，常州虽是江苏经济重镇，但长期缺乏优秀的职业足球俱乐部，优秀球员外流、青训体系薄弱等问题突出。 而在许多人看来，此次"苏超"表现凶猛的南通，正是由于青训体系的完善。 目前，南通已在江苏率先构建起"特色学校+满天星训练营+高水平足球运动队+试点县（区）+改革试验区"的校园足球普及模式。南通也是国 内为数不多、拥有两支职业球队的地级市，分别是中甲联赛南通 ...

近期，国际投行纷纷表达看多中国资产的态度。其中，高盛在5月连续两次上调中国股指目标点位；瑞银也预判全球资金会呈现净流入中国股市的趋 势；野村更是将中国股票评级调升至"战术性超配"。 海外市场方面，东南亚新兴市场表现亮眼。报告期内，越南、印尼市场销售收入同比显著增长54%、39%。 得益于近几年，东南亚经济快速增长，基建扩张与制造业升级催生了巨大的机械设备需求，叠加复杂国际环境对供应链安全的诉求，东南亚新兴市场 自中国进口的机械设备数量持续攀升。 一、压铸机触底回暖，打开长期成长空间 2024-2025财年，力劲科技压铸机业务实现营收38.7亿港元，值得关注的是，下半年该业务实现营收22.4亿港元，环比增长38.3%，利润环比提升80.9个 百分点，展现出显著回升势头。 这一结构性改善有效回应了市场此前对业务增长势能的担忧，释放出触底回暖的积极信号。 一方面，作为全球超大型压铸机领域的领军企业，力劲科技率先实现超大型智能压铸单元1.6万吨技术突破。这一技术制高点有效转化为市场竞争力， 推动公司与多家头部厂商建立战略合作：在报告期内，与德系主机厂、新能源主机厂、传统主机厂等汽车行业头部厂商达成合作，共同参与其新车 ...

Core Viewpoint - The company, Haitai Technology, is experiencing growth in its revenue and profit margins, driven by increased orders and expansion in its product offerings, particularly in the injection mold and new materials sectors. Group 1: Impact of US-China Trade Tensions - The company’s foreign sales are primarily focused on Europe, with only 3.93% of revenue coming from the US, indicating minimal impact from US-China trade tensions [2]. Group 2: Accounts Receivable and Inventory - As of Q1 2025, accounts receivable increased by 64.1 million yuan due to rapid revenue growth in injection molds and extended payment terms from foreign clients affected by the geopolitical situation [2]. - Inventory rose by 22.82 million yuan, attributed to increased operational scale and ongoing order growth, with a backlog of 980 million yuan in injection mold orders [2]. Group 3: Gross Margin and Customer Development - The projected gross margin for the annual production of 150,000 tons of polymer materials is around 12%, with the business still in its early stages of customer development [3]. Group 4: Currency and Raw Material Price Risk Management - The company has implemented strategies to mitigate currency risks, including using foreign exchange hedging tools and planning foreign currency deposits [4]. - To address raw material price volatility, the company has long-term contracts with suppliers and leverages its purchasing power due to its status as a preferred customer [4]. Group 5: Revenue and Performance Breakdown - In 2024, the company expects mold revenue to reach 586 million yuan, with growth anticipated in 2025 due to high industry demand and new project contributions [5]. - The new materials business is projected to generate an average annual revenue of 1.745 billion yuan and a net profit of approximately 73.68 million yuan once fully operational [6]. Group 6: Main Business and Financial Performance - Haitai Technology specializes in the research, design, manufacturing, and sales of injection molds and plastic components, reporting a 37.2% year-on-year increase in main revenue to 192 million yuan in Q1 2025 [7]. - The net profit attributable to shareholders surged by 5738.82% to approximately 13.92 million yuan, with a debt ratio of 47.3% and a gross margin of 18.25% [7]. Group 7: Financing and Market Activity - Recent financing data indicates a net inflow of 38.82 million yuan over the past three months, suggesting increased investor interest in the company's stock [8].

敏实集团 20250624 摘要 敏实集团预计 2025 年利润接近 28 亿人民币，当前估值约为 7.8 倍市盈 率，考虑到分红率提升至 40%及新兴业务前景，估值有望回升至 10 倍 以上，甚至达到 12-15 倍，具备较大的上升空间。 欧洲新能源汽车市场增长受益于碳排放政策、企业购车补贴以及政府支 持。敏实集团在欧洲订单收入持续高速增长，预计将提升产能利用率和 利润率，2025 年欧洲新能源汽车市场仍需实现 22%的增长目标。 敏实集团积极布局低空飞行器和机器人技术，与多家客户建立合作关系， 并与智源公司、特斯拉等保持长期合作，有望获得更多订单，在新兴技 术领域具有较大的发展潜力。 敏实集团通过全球化布局和中心运营模式，提高了产能利用率并降低了 资本开支。在北美、欧洲和亚洲均设有中心工厂，通过数字化转型监控 全球工厂生产，提高了自动化水平和成本管控能力。 敏实集团在电池壳业务领域占据较高市场份额，2024 年市占率约为 20%。随着技术发展，电池托盘依然不可或缺，公司将继续深耕这一领 域，预计今年国内纯电动汽车市场规模可观。 Q&A 敏实集团在欧洲新能源市场的表现如何？ 敏实集团在欧洲新能源市场表现出色 ...

Core Insights - GAC Group launched the GOVY AirCab flying car at the Hong Kong International Auto Expo, with a price not exceeding 1.68 million yuan, making it more affordable than traditional aircraft [2] - Within 24 hours of the price announcement, nearly 1,000 pre-orders for the GOVY AirCab were received, exceeding expectations [2] - The GOVY AirCab is set to enter the airworthiness certification phase, with plans for demonstration operations by the end of 2025 and mass production by the end of 2026 [2] Group 1: Industry Development - Guangzhou is leading the eVTOL (electric vertical takeoff and landing) sector in China, with GAC Group and XPeng's flying vehicles progressing towards mass production [2][3] - The production line for GAC's flying car is expected to be completed by early next year, with a focus on advanced manufacturing technologies and a robust supply chain [4] - Guangzhou has over 4,000 low-altitude economy-related enterprises, ranking second nationally, and has established a comprehensive new energy vehicle industry system [5] Group 2: Market Applications - The GOVY AirCab is designed for urban short-distance connections and tourism, with plans for demonstration operations in Guangzhou by the end of this year [6] - XPeng's "land aircraft" has received over 4,000 orders, indicating strong market interest beyond tourism and short-distance connections [7] - The flying cars are expected to evolve into a part of urban transportation, providing efficient commuting solutions [7] Group 3: Future Projections - The low-altitude economy is projected to reach a market scale of 2 trillion yuan by 2030, requiring real application scenarios to support this growth [8] - The development of low-altitude economy infrastructure in Guangzhou is progressing, with 99 application scenarios identified and 30 operational entities approved [10] - Experts highlight Guangzhou's advantages in low-altitude economy development due to its strong automotive industry base and supportive government policies [12]

Group 1: Company Performance - In Q1 2025, the company achieved revenue of 1.61 billion RMB, a year-on-year increase of 14.19% [2] - The net profit attributable to shareholders was 1.61 billion RMB, up 57.85% year-on-year [2] - The net profit excluding non-recurring gains and losses reached 1.06 billion RMB, reflecting a significant growth of 331.10% [2] Group 2: Export and Compliance - In Q1 2025, export sales revenue was 3.12 billion RMB, accounting for 17.76% of total revenue [3] - Sales revenue from exports to the United States was 1.22 billion RMB, representing 6.94% of total revenue [3] - The company has obtained export licenses for magnetic materials, components, and motor rotors, complying with national regulations [3] Group 3: Raw Material Procurement - In 2024, 63% of the company's raw material procurement came from strategic partnerships with Northern Rare Earth Group and China Rare Earth Group [4] - The company utilized 2,575 tons of recycled rare earth materials, which constituted 30.4% of total rare earth material usage in 2024 [4] - The procurement strategy emphasizes green recycling and risk management through a diversified supply chain [4] Group 4: Business Development - The company is actively involved in the development of embodied robot motor rotors, with initial small-scale deliveries [5] - Investments have been made in specialized facilities and equipment to support the scaling of production in the robotics sector [5] - The low-altitude aircraft sector has also seen small-scale deliveries, indicating progress in this area [5] Group 5: Share Buyback Plan - The board has approved a share buyback plan with a total fund of no less than 100 million RMB and not exceeding 200 million RMB [6][7] - The buyback will be conducted through centralized bidding and aims to reduce registered capital by canceling repurchased shares [7] - The plan reflects the company's confidence in its future development and value recognition [6]

【中办、国办：支持深圳深化无人驾驶航空器飞行管理制度改革创新 探索开展跨境直升机飞行、公益 服务等通用航空业务】6月10日，中办、国办印发《关于深入推进深圳综合改革试点 深化改革创新扩大 开放的意见》。创新支持新兴产业发展的体制机制。依托深圳证券交易所科技成果与知识产权交易中心 等，构建科技成果转移转化全链条服务体系。探索人工智能辅助医疗设备准入应用机制，在安全可控前 提下，探索人工智能辅助医疗设备数据采集、集成共享、合规使用的规则及标准。支持深圳深化无人驾 驶航空器飞行管理制度改革创新，完善低空飞行监管规则，探索开展跨境直升机飞行、公益服务等通用 航空业务。拓展储能场景，探索源网荷储一体化商业模式。创新国际性产业与标准组织管理制度。 《意见》的发布对深圳低空经济相关企业是个大利好。政策红利直接激活深圳当地低空经济产业链上下 游。 【机会前瞻】 6月10日，中共中央办公厅、国务院办公厅印发《关于深入推进深圳综合改革试点 深化改革创新扩大开 放的意见》，《意见》部署，统筹推进教育科技人才体制机制一体改革，推进金融、技术、数据等赋能 实体经济高质量发展，建设更高水平开放型经济新体制，健全科学化、精细化、法治化治理 ...

浙江金固股份有限公司投资者关系活动 记录表 编号：20250605 | Q1：公司阿凡达产线海外扩产规划？ | | --- | | A：为了更好地服务客户、提供更优质的产品与服务， | | 公司将根据市场需求及在手订单情况，围绕核心客户不断 | | 完善产能布局，弥补产能缺口，满足日益增长的订单需求。 | | 在国内市占率稳步提升的同时，公司也将积极开拓海外市 | | 场，通过建设海外生产基地，为海外主机厂客户提供更具 | | 有竞争力的产品与服务。 | | Q2：公司在机器人产业的规划？ | | A：公司独有的阿凡达铌微合金材料与阿凡达加工工 | | 艺，以其卓越的高强度、轻量化、低成本等特点，在具有 | | 轻量化、增加强度、降低成本需求的行业具有广泛的应用 | | 可能性。 | | 目前公司围绕主营业务发展，同时立足于现有的新材 | | 料、新工艺、新技术的基础之上，加大研发力度，开展探 | | 索更多横向产品的开发和应用场景，对接并推进机器人行 | | 业和低空飞行器行业公司项目合作，共同研发产品，优化 | | 产品设计。公司也将运用自身在制造业产业化、行业整合 | | 上的经验与优势，在相关行业中积 ...