公司汽车业务发展稳中带增。2025 年1-6 月，我国汽车产销分别达1562.1万辆和1565.3 万辆，同比 +12.5%/+11.4%。其中，乘用车产销分别达1352.2万辆和1353.1 万辆，同比+13.8%/+13.0%；商用车产销 分别达209.9 万辆和212.2 万辆，同比+4.7%/+2.6%。得益于车市的良好态势，公司主营业务均实现同比 增长，2025H1 期间实现乘用车业务收入38.34 亿元（占比53.48%），同比+20.48%；同期实现商用车和 非道路业务24.26 亿元（占比33.84%），同比+3.89%。 数字与能源业务实现高速增长，有望构成重要成长曲线。公司明确 4+N 产品体系，围绕数据中心、储 能、充换电、低空飞行器四大领域布局 N 个系统和模块。在数据中心领域，公司已形成覆盖服务器机 柜内外的液冷产品布局，包括兆瓦级浸没一体式液冷设备、精密空调 + 冷却塔、服务器液冷 /风冷 CDU + 芯片冷板模组 + Manifold、柴油发电机液冷模块等，部分品类逐步放量。2025H1 期间，公司的数字 与能源业务扩张势头迅猛，板块收入达 6.92 亿元，同比+58.94%。 ...

8月26日，中恒电气盘中10.02%涨停，截至09:54，报25.8元/股，成交8.34亿元，换手率6.08%，总市值 145.4亿元。 资料显示，杭州中恒电气股份有限公司位于浙江省杭州市高新区之江科技工业园东信大道69号，公司是 一家专注于零碳智能社会建设的数字能源公司，主要业务包括绿色ICT基础设施、低碳交通、新型电力 系统及综合能源服务等四大领域，提供能源减碳的全链路产品和解决方案。公司与中国移动、中国铁 塔、中国电信、阿里巴巴、腾讯、百度、拼多多、国家电网、南方电网、哈啰出行等各领域头部客户建 立起了深度的战略合作关系。 截至3月31日，中恒电气股东户数7.86万，人均流通股7097股。 2025年1月-3月，中恒电气实现营业收入3.88亿元，同比增长11.07%；归属净利润2029.12万元，同比增 长84.32%。 ...

8月25日晚间，科大智能（300222）科技股份有限公司(以下简称"科大智能")发布2025年半年度报告。 今年上半年，科大智能实现营业收入13.4亿元，同比增长7.17%；归属于上市公司股东的净利润为7681 万元，同比增长214.85%；扣非净利润为5804万元，同比增长1260.37%。 资料显示，科大智能深耕电力能源领域二十多年，是一家通过自主研制智能化产品集"源—网—荷— 储"完整产业链布局的数字能源综合解决方案供应商，公司业务分为数字能源和智能机器人应用两大 类。其中数字能源业务主要是为电网公司、各级电力企业以及石化等企业提供智能配用电设备及储能系 统产品，而机器人相关产品则在汽车、新能源、轨道交通、工程机械等众多领域得到广泛应用。 报告期末，科大智能资产负债率进一步降低，财务结构持续优化，抗风险能力进一步增强。数据显示， 截至2025年6月底，科大智能资产负债率为60.77%，去年同期为64.23%；流动比率为1.37，去年同期为 1.34。 "智能配电网产业潜力巨大，'一次设备换新+储能微网补弹性+数字平台提效率+传感器做神经+服务做 增值+海外做增量'，构成配电网智能化最清晰的六条高景气赛道 ...

映翰通 20250824 央航通公司在 2025 年上半年实现了 3.5 亿元的收入，同比增长 34%。净利润 达到 6,700 万元，增长 26%。从区域来看，海外收入首次超过国内，占比 51.8%，而国内占比为 49.2%。这反映了公司全球化战略的显著成效。 公司各业务板块在 2025 年上半年的表现如何？ 在 2025 年上半年，公司五大业务板块表现如下： 公司在中东地区取得项目落地，通过代理覆盖北美、东南亚等地。海外 销售主要为加工线型产品，单价略高于国内，如泰国和马来西亚市场单 台售价约 1,000 多美元。 北美市场占海外业务比例约 60%-70%，为应对关税问题，公司将面向 北美的生产转移至加拿大工厂，综合成本可控，且具备价格调整空间。 智能收货柜业务增长迅速，但国内市场竞争激烈导致毛利率较低。公司 正积极拓展海外市场，并计划推出新的智能套件以提高毛利率。目标是 在两年内实现 10 亿元销售额，并积极寻找新的增长曲线，如机器人等 新业务方向。 公司未来的发展方向和策略是什么？ 摘要 2025 年上半年，央航通海外收入占比达 51.8%，国内占比 49.2%，全 球化战略成效显著。工业与楼宇业务收 ...

拓邦股份 20250824 摘要 拓邦股份上半年营收增长约 10%至 55 亿元，净利润因股权激励费用同 比下降 15.1%，若加回则与去年同期持平，为 3.83 亿元。家电板块贡 献主要收入，同比增长 16.15%至 44 亿元左右。 面对全球贸易冲突和金融波动，拓邦股份通过产品创新、结构优化和海 外布局，降低关税影响，抓住市场增量机会，巩固了在全球市场的龙头 地位。 智能控制器业务毛利率为 22%，家电市场增速接近 30%，工具市场增 速约为 5.7%。未来策略是巩固核心优势，依托电动化、无绳化趋势提 升工具板块渗透率，抓住高价值领域增长机会。 家电板块采取"守"与"攻"策略，巩固传统优势，同时在 AI 化和智能 家居等新兴领域扩大份额，上半年收入 23 亿元，同比增长 28%。 数字能源业务经历调整，重心转向创新引领，构建云光储充全面产品生 态，具备从核心组件到系统集成的完整解决方案能力，但上半年收入下 降 33%影响整体表现。 Q&A 拓邦股份如何看待未来三年科技行业的发展趋势？ 未来三年，科技行业将迎来显著的发展机遇。首先，整个 TMT 板块经过了十年 的调整，目前整体估值较低，具备较大的增长潜力。 ...

Core Viewpoint - Zhongheng Electric (002364) has experienced unusual stock trading fluctuations, prompting the company to clarify that recent rumors regarding partnerships with major overseas cloud providers like Nvidia, Meta, and Google are untrue, and no cooperation agreements or sales contracts have been signed with these companies [1][2] Group 1: Company Performance - For 2024, Zhongheng Electric reported a revenue of 1.962 billion yuan, representing a year-on-year increase of 26.13% [2] - The net profit attributable to shareholders reached 110 million yuan, showing a significant year-on-year growth of 178.52% [2] - The company's data center power business generated 660 million yuan in revenue, marking a year-on-year increase of 111.05% [2] Group 2: Recent Trading Activity - In the last three trading days, one institution net bought 36.9358 million yuan worth of shares, while another institution net sold 131.5659 million yuan [2] Group 3: Company Operations and Governance - The company confirmed that there are no undisclosed significant matters or ongoing negotiations that should be disclosed according to the Shenzhen Stock Exchange listing rules [1] - The board of directors stated that the company's operational conditions remain normal and that there have been no significant changes in the internal or external business environment [1]

Core Viewpoint - Zhongheng Electric (002364.SZ) has denied recent rumors regarding partnerships with major overseas cloud companies like Nvidia, Meta, and Google, stating that no cooperation agreements or sales contracts have been signed as of now [2][6]. Company Overview - Zhongheng Electric, founded in 1996 and listed on the Shenzhen Stock Exchange in March 2010, focuses on building a zero-carbon intelligent society through digital energy solutions [7]. - The company has developed two main business segments: power electronics manufacturing and energy internet, with products covering data center power supplies, communication power supplies, electric power supplies, charging and swapping equipment, and power digitalization [7]. Financial Performance - As of August 19, Zhongheng Electric's stock price closed at 24.97 yuan, with a daily increase of 10.00%, a turnover rate of 25.59%, and a trading volume of 3.473 billion yuan, resulting in a total market capitalization of 14.1 billion yuan [6]. Market Position and Growth Potential - In 2024, the revenue from data center power supplies is projected to be 670 million yuan, accounting for 34% of the company's total revenue, serving major clients such as mobile operators, internet companies, and large state-owned enterprises [7]. - The company is recognized as one of the earliest promoters of HVDC (High Voltage Direct Current) power supply solutions for data centers and has played a key role in establishing national and industry standards [7]. Industry Trends - The demand for AI computing centers is rapidly increasing, and the penetration rate of HVDC is expected to continue growing. Major industry players like Google and Nvidia have recently introduced ±400V/800V HVDC power supply architectures, with expectations for large-scale application by 2027 [8]. - The global market for AI data center HVDC is anticipated to reach 62 billion yuan by 2030, indicating significant growth potential for companies like Zhongheng Electric [8].

Core Viewpoint - The collaboration between Boleton and Huawei Digital Energy aims to advance the green and intelligent transformation of the mining industry through a zero-carbon smart mining partnership [1][2][3] Group 1: Partnership Details - Boleton and Huawei Digital Energy have signed a cooperation agreement focusing on zero-carbon smart mining and supercharging for new energy mining vehicles [1] - The partnership is built on a long-term foundation of trust and aims to integrate Boleton's expertise in new energy engineering machinery with Huawei's global advantages in digital energy [1][2] - The collaboration is expected to enhance Boleton's technology in new energy mining vehicle supercharging and energy interconnection systems [2] Group 2: Market Potential - The global transition towards green mining is accelerating, with significant growth potential in the zero-carbon smart mining market [2] - According to the "2025 Smart Mining Blue Book," the market size for smart mining is projected to reach 67 billion yuan by 2025 and exceed 120 billion yuan by 2035 [2] Group 3: Technological Advancements - Boleton has developed a comprehensive technology system in electric and intelligent mining, including electric mining trucks and autonomous driving systems [2][4] - The company has successfully implemented its autonomous mining solutions, significantly improving operational safety and efficiency [4] - Boleton's integrated solution of "photovoltaics + energy storage + charging + electric power" has been successfully deployed in various regions, helping clients reduce energy costs and enhance environmental compliance [5] Group 4: Strategic Goals - The strategic partnership is expected to establish technical standards and market advantages in the emerging field of zero-carbon smart mining [3][6] - Both companies aim to leverage their strengths to create benchmark solutions for the global mining industry's transition to zero-carbon and intelligent operations [6]

人民财讯8月19日电，企查查APP显示，近日，元启星光兆瓦超充(江油)数字能源科技有限公司成立，注 册资本1800万元，经营范围包含：人工智能应用软件开发；互联网数据服务；人工智能双创服务平台 等。企查查股权穿透显示，该公司由华体科技（603679）等共同持股。 ...

Core Insights - Daotong Technology (688208) reported a revenue of 2.345 billion yuan for the first half of 2025, representing a year-on-year growth of 27.35% [1] - The net profit attributable to shareholders reached 480 million yuan, up 24.29% year-on-year, with a significant increase in net profit excluding non-recurring gains and losses, which rose by 64.12% to 475 million yuan [1] - The company plans to distribute a cash dividend of 5.8 yuan per 10 shares, marking the highest payout in the last three years, reflecting its commitment to shareholder returns [1] Business Segments - The AI and software segment generated revenue of 281 million yuan, growing by 30.13% year-on-year, with a gross margin exceeding 99%, indicating strong potential for sustainable growth as the AI strategy deepens [1] - The traditional smart terminal business achieved revenue of 1.540 billion yuan, a year-on-year increase of 22.96%, leveraging extensive automotive diagnostic data to enhance digital repair scenarios [2] - The energy smart hub business saw revenue of 524 million yuan, up 40.47% year-on-year, supported by robust power electronics and AI technologies, positioning the company among the global leaders [2] Innovations and Developments - Daotong Technology launched the next-generation comprehensive diagnostic terminal UltraS2 and the new ADAS calibration mainframe IA1000, which have received high market demand, with UltraS2 achieving sales equivalent to the previous model's six-month performance in its first month [2] - The company made breakthroughs in the digital energy sector by releasing a smart charging model and self-developed liquid cooling charging modules, reinforcing its leadership in smart charging [3] - The establishment of production bases in Shenzhen, Vietnam, and North Carolina, along with accelerated construction in Mexico, enhances the company's global market competitiveness [3] Strategic Initiatives - In response to the rapid development of the low-altitude economy and embodied intelligence, Daotong Technology is deploying integrated air-ground cluster smart solutions, utilizing industry AI models and a self-built supercomputing center [4] - The company is developing a series of large models for intelligent inspection, driven by an "AI brain" capable of perception, decision-making, and interaction, facilitating autonomous operations with aerial and ground robots [4]