免责声明：本文内容与数据仅供参考，不构成投资建议，使用前请核实。据此操作，风险自担。 每日经济新闻 每经AI快讯，中捷精工1月27日晚间发布业绩预告，预计2025年归属于上市公司股东的净利润亏损3800 万元~5400万元。上年同期归属于上市公司股东的净利润亏损2950.92万元。业绩变动主要原因是，公司 的高强度汽车零部件智能化生产线基地项目、烟台通吉汽车零部件有限公司工厂扩建项目等项目逐步验 收，相关的设备折旧、固定费用等同比增加。虽公司整体营收规模同比有所增长，但公司部分产品价格 小幅下调因素导致毛利有所下降。此外，随着经营规模提升，公司管理及研发等费用支出同比有所增 加。 每经头条（nbdtoutiao）——国际金价冲破5000美元！7年涨了280%，什么时候才见顶？专家：关键还 看美元，重点关注国际货币体系、降息和科技革命 （记者 王晓波） ...

Summary of Junsheng Electronics Conference Call Industry and Company Overview - **Company**: Junsheng Electronics - **Industry**: Automotive Safety and Electronics, Robotics Key Points and Arguments Financial Performance - Both automotive safety and electronics segments achieved record-high gross margins, with automotive safety at 16% and automotive electronics exceeding 21% [2][3] - Projected revenue growth for automotive safety from 40 billion RMB to 50 billion RMB over the next three years, with a net profit margin target of 5% [2][3] - Automotive electronics revenue target for this year is 18 billion RMB, aiming for 20-25 billion RMB in three years, with gross margins expected to reach 23%-25% [3][19] IPO Plans - Junsheng Electronics has received approval from the China Securities Regulatory Commission for a Hong Kong IPO, expected to launch in October and complete by mid-November [2][5][26] - The issuance amount and discount will be determined based on stock price [5] Impact of US-China Trade Conflict - The impact of the US-China trade conflict on Junsheng Electronics is limited due to a local-to-local strategy, with factories established in various regions to mitigate risks [2][6] Robotics Business Development - The robotics segment focuses on humanoid robot head assemblies, body materials, brain domain control, and energy management solutions [2][7] - Collaborations with overseas companies like River for robotic dog products and domestic startups for various robotic solutions [8][9] Order and Revenue Growth - Recently secured 15 billion RMB in orders, including domain control products for major global clients, expected to start contributing to revenue in 2027 [4][10] - Anticipated revenue from the robotics business is around 1.5 billion RMB for 2026, with pricing currently high due to low volume production [9][15] Profitability Improvement Factors - Improvement in net profit attributed to revenue growth, margin enhancement, management cost optimization, R&D expense control, and tax planning [4][11] - The company aims to achieve a 5% net profit margin by the end of 2028, effectively doubling current levels [12][13] Market and Customer Insights - The majority of the 15 billion RMB orders are for the US market, with ongoing negotiations for domestic orders focusing on energy management products [20][18] - The automotive electronics business is expected to see growth from smaller segments like smart driving and smart connectivity, contributing to overall revenue growth [19] Strategic Collaborations - Partnership with Momenta for smart driving solutions, leveraging their chips and algorithms to provide comprehensive solutions [22][23] Future Directions - Plans to integrate more products into the T2 One system post-product finalization, with a focus on expanding production capacity based on customer demand [8][9] Use of IPO Proceeds - Funds from the IPO will be allocated to core raw materials, capacity building in Southeast Asia, and projects related to smart driving and humanoid robotics [26]