Group 1: Investor Relations Activities - The company conducted multiple investor relations activities from September 15 to September 30, 2025, including on-site research, phone conferences, and roadshows, involving a total of 9 to 20 participants per session [2][4][5][6][7][8][9][10][11]. - Notable participants included GIC, CBUS, OAKTREE Capital Management, and Morgan Stanley, among others [2][4]. Group 2: Product and Business Expansion - The company has expanded its product line from frequency converters to servo systems and electric control systems for new energy vehicles, driven by core technology and customer demand [7][8]. - New products such as precision machinery, pneumatic products, and sensors are being promoted through a bundled sales strategy, enhancing customer satisfaction [7][8]. - The company introduced the IPT300 distributed bus valve island, which reduces tubing and cable costs by 67% and communication failure risks by 90%, while improving production rhythm by 20% [7][8]. Group 3: Focus on Process Industry - The company aims to strengthen its presence in the process industry, which requires high reliability and system solutions, by enhancing its digital capabilities and creating model projects [8][9]. - The company is addressing the digital transformation in the process industry, focusing on data-driven solutions to support new industrialization [8]. Group 4: Digital Energy Solutions - The company launched the InoCube-FEMS platform, which optimizes electricity usage strategies, reduces costs, and supports carbon certification [8][9]. - InoCube-FEMS has reportedly saved approximately 4 million yuan in annual electricity costs for the company's park and has been successfully applied in various industries [9]. Group 5: Robotics Development - The company is actively developing humanoid robots, showcasing components such as bionic arms and actuators at the China International Industry Fair [10]. - The focus is on providing scene-based products and solutions tailored to manufacturing scenarios [10]. Group 6: Internationalization Strategy - The company aims to increase its overseas business share, focusing on brand building, establishing international platforms, and exporting customized solutions to multinational clients [11]. - The strategy includes leveraging past successes in the Chinese market to enhance international presence [11].

银河中证机器人指数发起式A（021301）基金经理为黄栋。 截至发稿，黄栋累计任职时间13年18天，现任基金资产总规模13.18亿元，任职期间最佳基金回报 92.99%， 任职期间最差基金回报-21.5%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 从基金十大重仓股角度 数据显示，银河基金旗下1只基金重仓中控技术。银河中证机器人指数发起式A（021301）二季度增持 4.23万股，持有股数28.5万股，占基金净值比例为4.18%，位居第五大重仓股。根据测算，今日浮盈赚 取约80.09万元。 银河中证机器人指数发起式A（021301）成立日期2024年5月16日，最新规模6915.26万。今年以来收益 37.92%，同类排名1403/4221；近一年收益47.31%，同类排名1009/3848；成立以来收益66.02%。 10月9日，中控技术涨5.1%，截至发稿，报57.89元/股，成交14.98亿元，换手率3.39%，总市值458.02亿 元。 ...

10月9日，中控技术涨5.1%，截至发稿，报57.89元/股，成交14.99亿元，换手率3.40%，总市值458.02亿 元。 中银证券中证500ETF联接A（008258）成立日期2020年5月14日，最新规模6481.98万。今年以来收益 27.96%，同类排名2141/4221；近一年收益28.14%，同类排名1877/3848；成立以来收益47.08%。 资料显示，中控技术股份有限公司位于浙江省杭州市滨江区六和路309号，成立日期1999年12月7日，上 市日期2020年11月24日，公司主营业务涉及面向流程工业为主的工业企业提供以自动化控制系统为核 心,涵盖工业软件、自动化仪表及运维服务的智能制造产品及解决方案,赋能用户提升自动化、数字化、 智能化水平,实现工业生产自动化控制和智能化管理。主营业务收入构成为：工业自动化及智能制造解 决方案58.43%，仪器仪表17.66%，S2B业务10.80%，工业软件7.62%，运维服务4.43%，其他(补 充)1.06%。 从基金十大重仓股角度 数据显示，中银证券旗下1只基金重仓中控技术。中银证券中证500ETF联接A（008258）二季度持有股 数200股， ...

近期拟实施的重点项目中，包括绿色产业类项目8个，建成后将初步形成绿色产品"零碳造"产业链，为 零碳园区注入源头活水；能源供给类项目9个，建成后将显著提高绿色能源占比，实现绿电可溯源、零 碳有支撑；绿色管理类项目3个，建成后将形成新型电力系统智慧大脑，实现碳足迹可追踪，能碳管理 数字化、智能化；基础设施类项目6个，建成后将形成绿色低碳生产、生活空间，提升园区承载能力。 宜宾高新零碳产业园已建成绿电组网一期项目，成为全国首例绿色微电网，具备年供10亿千瓦时绿电能 力。为支撑更强大的绿色制造能力，宜宾高新零碳产业园拟建绿电组网二、三期项目，规划接入四川省 凉山州、云南省昭通市等地风、光、水等绿电资源，预计年供绿电不低于43亿千瓦时。 近日，四川省宜宾高新零碳产业园Zpark重大项目开工，近期拟实施重点项目26个，总投资211亿余元。 此次开工的项目之一——追觅MOVA智能清洁机器人和工业自动化项目总投资43亿元，主要建设MOVA 智能清洁机器人项目、工业自动化项目，项目满产后预计实现年产值60亿元。该公司负责人介绍，未来 将利用宜宾市的低碳优势，形成中国设计、宜宾制造、销往全球的发展模式。 今年7月，宜宾高新技术产 ...

Core Viewpoint - China is transitioning from a "manufacturing giant" to a "manufacturing powerhouse," leading to increased activity from industrial manufacturing companies in the capital markets [1] Company Overview - Zhuhai Jingshi Measurement and Control Technology Co., Ltd. (referred to as "Jingshi Measurement and Control") has submitted a listing application to the Hong Kong Stock Exchange, with CICC and Puyin International as joint sponsors [1] - The company specializes in flexible manufacturing technology and applications, integrating measurement, control, and AI technology [1] - Jingshi Measurement and Control is the second-largest provider of PCBA functional and performance testing equipment and services in China, based on projected 2024 revenue [1] Financial Performance - The company experienced a revenue decline in the first half of 2025, with revenue of 203 million yuan, a year-on-year decrease of 29.9%, and a net loss of 118 million yuan [5] - Revenue from 2022 to 2024 showed a growth trend, with figures of 568 million yuan, 698 million yuan, and 863 million yuan respectively [5] - The decline in revenue is attributed to a drop in income from online testing equipment, which fell from 184 million yuan in 2024 to 110 million yuan in 2025 [5] - R&D expenses surged to 41.4% of revenue in the first half of 2025, significantly higher than the 16.8% for the entire year of 2024 [5] Market Position and Growth Potential - Jingshi Measurement and Control operates in the industrial automation sector, focusing on machine vision and intelligent measurement and control, particularly in high-end precision manufacturing [8] - The global market for intelligent TMC equipment and services is projected to grow from $52.3 billion in 2020 to $136.2 billion by 2024, with a compound annual growth rate (CAGR) of 27.0% [8] - The intelligent consumer flexible manufacturing equipment and services market is expected to grow from $21.3 billion in 2020 to $37.9 billion by 2024, with a CAGR of 15.5% [9] Competitive Landscape - The company faces competition from international giants like Hexagon and Keyence, as well as domestic companies such as Tianzhun Technology and Matrix Technology [9] - The rapid evolution of downstream manufacturing technologies presents challenges, requiring continuous investment in R&D to keep pace with technological advancements [9] Conclusion - Jingshi Measurement and Control is positioned in a high-growth sector with strong technical barriers and a focus on key market trends, but it must navigate industry cycles and intense competition to sustain its growth [10]

Core Viewpoint - 汇川技术 has shown significant financial performance with a notable increase in revenue and net profit, indicating strong growth potential in the industrial automation sector [2][3]. Financial Performance - As of January to June 2025, 汇川技术 achieved a revenue of 20.51 billion, representing a year-on-year growth of 26.73% [2]. - The net profit attributable to shareholders for the same period was 2.968 billion, reflecting a year-on-year increase of 40.15% [2]. - Cumulative cash dividends since the company's A-share listing amount to 7.945 billion, with 3.267 billion distributed over the past three years [3]. Shareholder Information - As of September 19, 2025, the number of shareholders for 汇川技术 reached 151,800, an increase of 6.41% from the previous period [2]. - The average number of circulating shares per shareholder decreased by 6.01% to 15,588 shares [2]. - The largest circulating shareholder is Hong Kong Central Clearing Limited, holding 474 million shares, a decrease of 41.497 million shares from the previous period [3]. Market Activity - On September 30, 汇川技术's stock price increased by 0.50%, with a trading volume of 3.424 billion [1]. - The financing buy-in amount for the same day was 378 million, while the financing repayment was 546 million, resulting in a net financing outflow of 168 million [1]. - The total financing and securities lending balance for 汇川技术 reached 3.682 billion, with the financing balance accounting for 1.62% of the circulating market value, indicating a high level of financing activity [1].

Core Insights - New Times achieved a stock price increase of 4.92% on September 30, with a trading volume of 882 million yuan [1] - The company reported a financing net purchase of 11.47 million yuan on the same day, with a total financing balance of 459 million yuan, representing 3.38% of its market capitalization [1] - The company’s main business includes elevator control and drive products, industrial automation control products, and robotics, with a revenue composition of 53.91% from general control and drive products [1] Financing and Trading Data - On September 30, New Times had a financing buy amount of 123 million yuan and a financing repayment of 111 million yuan, resulting in a net financing purchase of 11.47 million yuan [1] - The total financing and securities balance as of September 30 was 459 million yuan, which is above the 90th percentile of the past year [1] - The company had a securities lending balance of 20.89 million yuan, with a remaining quantity of 10,200 shares, indicating a high level of securities lending activity [1] Shareholder and Financial Performance - As of September 19, the number of shareholders for New Times was 44,200, a decrease of 6.09%, while the average circulating shares per person increased by 6.49% to 11,983 shares [2] - For the first half of 2025, New Times reported a revenue of 1.644 billion yuan, representing a year-on-year growth of 8.45%, and a net profit attributable to shareholders of 1.8654 million yuan, up 109.95% year-on-year [2] - Since its A-share listing, New Times has distributed a total of 479 million yuan in dividends, with no dividends paid in the last three years [3] Institutional Holdings - As of June 30, 2025, the top ten circulating shareholders included Huaxia CSI Robotics ETF, which increased its holdings by 1.8612 million shares, and Penghua Carbon Neutral Theme Mixed A, which increased its holdings by 3.5102 million shares [3] - Hong Kong Central Clearing Limited has exited the list of the top ten circulating shareholders [3]

Investment Rating - The report assigns an "Accumulate" rating for *ST Weir (002058) [5] Core Views - *ST Weir is undergoing a strategic transformation by acquiring a 51% stake in Zijiang New Materials for 546 million yuan, aiming to enter the high-growth lithium battery aluminum-plastic film sector [1][4] - The acquisition is expected to help *ST Weir mitigate its delisting risk and improve profitability by leveraging Zijiang's strong market position and customer relationships [1][4] Summary by Sections 1. Strategic Acquisition - *ST Weir has faced continuous losses in its traditional business and is at risk of delisting, prompting the need for transformation [1][15] - Zijiang New Materials is a leading player in the aluminum-plastic film market, with a 22.2% market share in China and a 14.6% global share, making it a suitable target for *ST Weir's strategic shift [1][17] - The acquisition plan is designed to ensure "shell protection and risk control," with clear key milestones and manageable funding [1][22] 2. Market Transformation Driven by Solid-State Batteries - The demand for aluminum-plastic films is expected to rise significantly due to the increasing adoption of solid-state batteries, which require enhanced film performance [2][24] - The global aluminum-plastic film market is projected to reach 1.39 billion square meters by 2030, with a market size of 16.07 billion yuan [2][30] 3. Zijiang New Materials' Competitive Edge - Zijiang is expected to achieve over 50 million square meters in shipments in 2024, with a year-on-year growth of 26% and a capacity utilization rate of 50.6% [3][44] - The company has made significant technological advancements, including patents for high-temperature resistant materials and innovative packaging structures, positioning it as a leader in the industry [3][21] - Zijiang's strong customer base includes major players like BYD and ATL, and it is actively expanding into overseas markets [3][20] 4. Profitability Forecast - The report forecasts *ST Weir's revenue to grow significantly post-acquisition, with projected revenues of 884.49 million yuan in 2025, reflecting a year-on-year increase of 444% [4][46] - The expected net profit for 2025 is projected at 227.52 million yuan, marking a substantial turnaround from previous losses [4][46]

据港交所9月29日披露，珠海精实测控技术股份有限公司(以下简称"精实测控")向港交所主板提交上市申请书，中金公司、浦 银国际为联席保荐人。 该公司是一家融合测量、控制与AI技术，专注于打造工业与消费领域柔性制造技术与应用的柔性制造综合解决方案提供商。 根据灼识咨询的资料，按2024年收入计，精实测控是国内第二大的消费电子PCBA功能及性能测试装备与服务提供商，亦是是 中国ODM模式下排名前十大的智能测控装备与服务综合解决方案提供商。 那么，在国家大力推行智能制造、工业4.0之际，此次精实测控赴港之际又将收获什么样的发展机遇呢？公司投资价值又如 何？ 中国正从"制造大国"向"制造强国"转变。这一发展背景下，越来越多的专注工业制造的企业也开始活跃在资本市场上。 收入波动，盈利能力"强悍" 据悉，在工业领域，精实测控专注测控技术十余年，具备从传感数据采集、算法分析到装备集成的全链条研发能力。同时， 还具备在消费电子、汽车及家电等领域形成大规模非标定制化设备与服务交付能力，为客户零部件与整机提供覆盖设计、试 验验证、产线量产等全流程的测控与工艺装备及测控数据增值服务。 拆分收入结构来看，智通财经观察到，目前该公司已经 ...

从险资的调研对象来看，科技成长股是关注重点，高端机械设备、电子、医药生物等行业的上市公司获得了险 资的扎堆调研。 险资一年内调研超1.2万次 金融监管总局数据显示，截至2025年二季度末，保险资金运用余额已突破36万亿元，其中直投股票规模达3.07 万亿元，较上年同期净增近1万亿元，庞大的资金规模使其调研动向备受市场关注。 险资调研热情高涨的背后，是其长期配置逻辑与市场环境的双重驱动。 资本市场升温，进一步带动了险资调研上市公司的热情。 第一财经记者根据Choice数据统计，截至10月8日的一年内，保险公司及保险资管公司对上市公司的调研次数总 计至少超过1.2万次。在调研次数居前的保险公司及保险资管公司中，近一年对上市公司的调研次数几乎均较上 年实现增长，部分机构涨幅更是高达三四成。 Choice数据显示，截至10月8日的一年内，保险公司对上市公司的调研次数为8061次，而多家保险资管公司各自 的调研次数也都超过600次，总计至少超过1.2万次。 从调研次数来看，承接所属保险集团大量保险资金和其他第三方委托资金的保险资管公司中，泰康资产是一年 来调研次数最多的，达到1105次；人保资产、平安资产、新华资产及国 ...