莱克电气所属申万行业为：家用电器-小家电-清洁小家电。所属概念板块包括：工业4.0、小米概念、机 器人概念、家用电器、中盘等。 截至9月30日，莱克电气股东户数1.56万，较上期增加0.99%；人均流通股36709股，较上期减少0.59%。 2025年1月-9月，莱克电气实现营业收入73.13亿元，同比增长0.92%；归母净利润6.21亿元，同比减少 29.32%。 分红方面，莱克电气A股上市后累计派现41.53亿元。近三年，累计派现14.34亿元。 机构持仓方面，截止2025年9月30日，莱克电气十大流通股东中，香港中央结算有限公司位居第七大流 通股东，持股263.85万股，相比上期减少408.45万股。 责任编辑：小浪快报 1月15日，莱克电气盘中上涨2.02%，截至13:00，报35.78元/股，成交1.17亿元，换手率0.58%，总市值 205.16亿元。 资金流向方面，主力资金净流出515.59万元，特大单买入1200.11万元，占比10.28%，卖出2288.17万 元，占比19.60%；大单买入2278.68万元，占比19.52%，卖出1706.20万元，占比14.61%。 莱克电气今年以来股价 ...

1月15日，宏润建设盘中下跌2.10%，截至13:00，报8.87元/股，成交9643.56万元，换手率0.95%，总市 值109.75亿元。 资金流向方面，主力资金净流出1034.06万元，特大单买入0.00元，占比0.00%，卖出568.81万元，占比 5.90%；大单买入1786.48万元，占比18.53%，卖出2251.74万元，占比23.35%。 宏润建设今年以来股价跌4.11%，近5个交易日跌4.62%，近20日涨0.91%，近60日跌23.34%。 截至9月30日，宏润建设股东户数3.52万，较上期增加2.55%；人均流通股31972股，较上期减少2.48%。 2025年1月-9月，宏润建设实现营业收入42.62亿元，同比减少0.47%；归母净利润2.44亿元，同比减少 2.41%。 分红方面，宏润建设A股上市后累计派现12.93亿元。近三年，累计派现3.42亿元。 机构持仓方面，截止2025年9月30日，宏润建设十大流通股东中，香港中央结算有限公司位居第四大流 通股东，持股1657.56万股，为新进股东。 责任编辑：小浪快报 资料显示，宏润建设集团股份有限公司位于上海市龙漕路200弄28号宏润 ...

报告导读： 还原铁粉是一种主要含单质铁的灰色或黑色粉末，又称"双吸剂"，一般由四氧化三铁在高热条件下在氢气流或一氧化碳气流中还原生成。还原铁粉的应用领 域非常广泛，主要包括粉末冶金、电焊条、火焰切割、化学工业、食品保鲜等。在粉末冶金领域，还原铁粉是制造各种机械零件、工具、模具等的原料。在 电焊条领域，还原铁粉作为焊条的填充料，可以提高焊接质量。在火焰切割领域，还原铁粉用作切割喷射剂，以提高切割效率。在化学工业中，还原铁粉可 用作还原剂，参与各种化学反应。在食品保鲜领域，还原铁粉由于其良好的还原性和吸湿性，可以用于食品的保鲜和防潮。随着这些领域的发展，还原铁粉 的需求量持续攀升。2024年中国还原铁粉行业市场规模达到148.7亿元，同比上涨6.1%；预计2025年中国还原铁粉行业市场规模有望达到156.3亿元。 基于此，依托智研咨询旗下还原铁粉行业研究团队深厚的市场洞察力，并结合多年调研数据与一线实战需求，智研咨询推出《2026-2032年中国还原铁粉行 业市场研究分析及发展战略研判报告》。本报告立足还原铁粉新视角，聚焦行业核心议题——变化趋势（怎么变）、用户需求（要什么）、投放选择（投向 哪）、运营方法（如何 ...

资金流向方面，主力资金净流出688.77万元，特大单买入359.37万元，占比3.01%，卖出217.35万元，占 比1.82%；大单买入2192.10万元，占比18.38%，卖出3022.89万元，占比25.34%。 资料显示，科大智能科技股份有限公司位于上海市松江区洞泾镇泗砖路777号，成立日期2002年11月27 日，上市日期2011年5月25日，公司主营业务涉及配电自动化和用电自动化系统的研发、生产和销售以 及配用电自动化工程与技术服务;工业生产智能化综合解决方案的设计、产品研制、系统实施与技术服 务。主营业务收入构成为：数字能源73.10%，智能机器人应用25.65%，其他(补充)1.25%。 科大智能所属申万行业为：电力设备-电网设备-电网自动化设备。所属概念板块包括：数字经济、人工 智能、工业互联网、小盘、工业4.0等。 科大智能今年以来股价涨9.05%，近5个交易日涨2.84%，近20日涨14.49%，近60日跌6.94%。 截至9月30日，科大智能股东户数8.36万，较上期增加13.94%；人均流通股7584股，较上期减少 12.24%。2025年1月-9月，科大智能实现营业收入19.36亿 ...

中化装备所属申万行业为：机械设备-专用设备-其他专用设备。所属概念板块包括：小盘、跨境电商、 工业4.0、并购重组、青岛等。 截至9月30日，中化装备股东户数3.06万，较上期减少0.37%；人均流通股16114股，较上期增加0.14%。 2025年1月-9月，中化装备实现营业收入9.71亿元，同比减少86.09%；归母净利润-2697.36万元，同比增 长97.50%。 分红方面，中化装备A股上市后累计派现972.00万元。近三年，累计派现0.00元。 1月15日，中化装备盘中下跌2.03%，截至09:51，报8.67元/股，成交3259.63万元，换手率0.76%，总市 值42.80亿元。 资金流向方面，主力资金净流出214.90万元，特大单买入110.25万元，占比3.38%，卖出174.56万元，占 比5.36%；大单买入396.84万元，占比12.17%，卖出547.42万元，占比16.79%。 中化装备今年以来股价涨4.46%，近5个交易日涨1.40%，近20日涨4.84%，近60日跌0.23%。 资料显示，中化装备科技(青岛)股份有限公司位于北京市朝阳区北土城西路9号中国蓝星总部大厦，成 立日期 ...

证券研究报告 机械设备 | 专用设备 非金融|首次覆盖报告 hyzqdatemark 2026 年 01 月 14 日 证券分析师 赵昊 SAC：S1350524110004 zhaohao@huayuanstock.com 万枭 SAC：S1350524100001 wanxiao@huayuanstock.com 市场表现： | 基本数据 | 日 | 2026 | 年 | | 月 | 13 | | | 01 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 收盘价（元） | | | | 39.20 | | | | | | | | | 一 年 内 高 最 | | | | | | | 低 | | | 最 | / | | （元） | | | | | | | | 53.80/12.42 | | | | | 总市值（百万元） | | | | 4,107.60 | | | | | | | | | 流通市值（百万元） | | | | 2,656.28 | | | | | | | | | 总股本（百万股） | ...

Core Viewpoint - The company is actively engaging with investors and stakeholders to discuss its business strategies and advancements in robotics and motor products, aiming for sustainable growth and market expansion in both domestic and international markets [1][3]. Group 1: Robotics Sector - The company is steadily advancing its core component research and market expansion in the robotics field, with self-developed results covering key motion control modules for various types of robots [4]. - The company aims to provide one-stop services from core components to system solutions, leveraging its deep accumulation in industrial control to seize market opportunities brought by the upgrade of intelligent manufacturing [4]. Group 2: Motor Products - The company focuses on the research, production, and application of high-performance motors, having launched products such as micro frameless motors, hollow cup motors, axial flux motors, and hub motors [5]. - The company adheres to the philosophy of "innovation-driven, quality first," ensuring excellence in motor products and services through continuous technological research and strict quality control [5]. Group 3: Business Expansion Strategy - The company plans to deepen industry demand exploration based on three strategies: "full-category attack, full-field coverage," "entering the Great Plains business," and "efficient collaboration to improve categories" [6]. - The company aims to enhance its product structure for inverters, servos, and PLCs, creating comprehensive solutions while expanding into heavy industry, light industry, high-end equipment, new energy, and robotics sectors [6]. Group 4: International Market Development - The company is focusing on overseas markets, particularly in regions related to the Belt and Road Initiative, while consolidating existing markets and increasing efforts in market expansion [8]. - The company is implementing a global strategy by introducing mature product lines into new markets, participating in international exhibitions, and enhancing its product certification system to improve brand influence [8][9]. Group 5: Domestic Market Trends - The domestic industrial automation market is accelerating its transformation towards efficiency, sustainability, and intelligence, driven by Industrial 4.0 and breakthroughs in AI and robotics [10]. - The industry is expected to see a further acceleration in domestic substitution, with local brands evolving from mere automation product suppliers to providers of comprehensive intelligent manufacturing solutions [10]. Group 6: Commodity Price Impact - Currently, the rise in commodity prices has not significantly impacted the company's product costs, and the company will continue to monitor price changes and adjust procurement and supply strategies accordingly [11].

近日，国内工业安全传感器企业湾测完成过亿元A+轮融资，本轮由产业方 冯源资本、三花股份、建智集 团及财务机构东证资本、万联天泽投资，老股东同创伟业 同时大股比追投，势能资本担任财务顾问。 湾测技术创始人唐小辉表示，非常感谢新老股东的支持及势能专业的服务，本轮融资资金将用于新产品研 发、打造中国首个高质量、合规工业安全传感器的大规模化生产基地，加强海外服务能力布局及海外业务 拓展。 随着国内工业体系的逐渐成熟，工业 4.0发展至今，已经从原有的效率优先阶段转变到质量和效率并重的 阶段，而生产安全是发展质量中的重中之重。然而由于国外工业安全起步较早，如 西克、欧姆龙、基恩士 等行业巨头长期垄断国内工业安全传感器市场。国内的生产制造型企业凡是有产品需要出口海外的，因为 海外法规的要求不得不配套合规的工业安全传感器，而且国内关于安全生产的法规也基于行业陆续出台， 促使了国内工业安全传感器市场规模快速增长，预计到 2030年可达到200亿RMB的规模。 图1 湾测产品矩阵及应用场景示例 本轮融资后，湾测可以快速提升产能，并在出海业务上同步发力，致力于打造本土的全球化工业安全传感 器企业。 文章来源：势能资本 商务合作 ...

Core Viewpoint - The article discusses the performance and business operations of Wuhan Gangdi Technology Co., Ltd., highlighting its focus on industrial automation and the development of advanced automation products [2][8]. Company Overview - Wuhan Gangdi Technology Co., Ltd. specializes in the research, production, and sales of products in the industrial automation sector, with main products including automation drive products and intelligent control systems [2][8]. - The company was established on September 28, 2015, and is located in Wuhan, Hubei Province [7]. Business Performance - For the period from January to September 2025, the company achieved operating revenue of 361 million yuan, a year-on-year decrease of 3.30%, and a net profit attributable to the parent company of 43.39 million yuan, down 25.24% year-on-year [8]. - The revenue composition of the company includes 63.66% from intelligent control systems, 35.26% from automation drive products, and 0.57% from management system software [8]. Product Development - The company has developed the SD400 series servo system, which is designed for applications in robotics, enhancing production yield and operational efficiency for downstream customers [2]. - The intelligent control system is categorized as a "soft and hard integration" product, with hardware components primarily sourced externally and software developed in-house [3]. Industry Position - The company has been recognized as a "specialized, refined, distinctive, and innovative" small giant enterprise, which is a prestigious title in the national evaluation of small and medium-sized enterprises [3]. - The company's core business aligns with national strategic emerging industries, focusing on innovative products with strong technological attributes [2]. Market Activity - As of January 14, the stock price of Gangdi Technology decreased by 0.66%, with a trading volume of 51.37 million yuan and a market capitalization of 3.923 billion yuan [1]. - The stock has seen a net outflow of 668,200 yuan from major investors, indicating a reduction in holdings over the past two days [4][5].

Group 1 - The core viewpoint of the news is that 雷赛智能 (Leisai Intelligent) has shown a positive performance in terms of stock price and financial results, despite a slight decline in stock price on January 14 [1][2]. - As of January 14, 雷赛智能's stock price was 43.88 yuan per share, with a market capitalization of 13.785 billion yuan and a trading volume of 312 million yuan [1]. - The company has experienced a year-to-date stock price increase of 4.30%, with a 5-day increase of 4.85%, a 20-day increase of 13.53%, and a 60-day increase of 4.58% [1]. Group 2 - 雷赛智能's main business involves the research, production, and sales of core components for motion control, including controllers, drivers, and motors, contributing to a revenue composition of 47.91% from servo systems, 34.94% from stepper systems, and 16.18% from control technology [1][2]. - For the period from January to September 2025, 雷赛智能 achieved a revenue of 1.3 billion yuan, representing a year-on-year growth of 12.57%, and a net profit attributable to shareholders of 160 million yuan, reflecting an 11.01% increase [2]. - The company has distributed a total of 5.35 billion yuan in dividends since its A-share listing, with 2.26 billion yuan distributed in the last three years [3]. Group 3 - 雷赛智能 is classified under the mechanical equipment sector, specifically in automation equipment and robotics, and is associated with concepts such as agile hands, Industry 4.0, and industrial internet [2]. - As of September 30, 2025, 雷赛智能 had 43,800 shareholders, an increase of 2.42% from the previous period, with an average of 5,044 circulating shares per shareholder, a decrease of 1.13% [2][3]. - The top ten circulating shareholders include various ETFs, with 易方达国证机器人产业 ETF being the fourth largest shareholder, holding 5.8893 million shares, and 华夏中证机器人 ETF being the fifth largest, holding 5.0896 million shares, which increased by 948,800 shares from the previous period [3].