Core Insights - The PLC (Programmable Logic Controller) industry is experiencing rapid growth as industrial automation becomes a key driver for the transformation of China's manufacturing sector [1] - Domestic companies are increasingly replacing imports in the small PLC market, with Xinjie Electric leading the way and expanding into medium and large PLCs and servo drives [1][2] - The company is also actively exploring high-end smart manufacturing applications in sectors such as new energy, semiconductors, robotics, and healthcare [1] Company Performance - In 2024, Xinjie Electric's PLC segment achieved revenue of 648 million yuan, a year-on-year increase of 21.09%, accounting for 38.05% of the company's total revenue [2] - The company's market share in the domestic small PLC sector reached 9.4%, making it the leading domestic brand [2] - Continuous innovation and a strong R&D team, which constitutes one-third of the workforce, are key drivers of the company's steady growth [2][3] Product Development - Xinjie Electric is increasing its R&D efforts for medium and large PLCs, with sales of medium PLCs exceeding 10 million yuan last year and doubling in the first half of this year [3] - The company has developed a comprehensive product matrix for small PLCs, consisting of six major product series and over 100 models [2][3] Business Expansion - The company has expanded its business scope to include drive products, human-machine interfaces, and intelligent robots, establishing itself as one of the few suppliers of comprehensive industrial automation solutions in China [4] - The value distribution in the industrial automation supply chain shows that PLCs account for about 15% of the total value, while servo motors account for 20%, indicating a strategic shift towards higher-value areas [4] Future Strategy - Xinjie Electric aims to focus on localized and personalized services, with a goal for solution-based revenue to exceed 50% of total sales in the future [5] - The company is positioning itself as a partner to downstream clients, enhancing its adaptability to industry changes and accelerating the pace of domestic substitution [5] New Growth Opportunities - The company is actively entering the embodied intelligence sector, with a dedicated team of around 70 people working on various robotic applications [6] - An investment of 800 million yuan is planned for building a production project for intelligent drive control systems, aiming to enhance the completeness and autonomy of the supply chain [7] - The precision control technology of PLCs is expected to be advantageous in the robotics field, potentially lowering production costs for robotic products [7]

Group 1 - The core event is the SPS Industrial Automation Exhibition held in Nuremberg, Germany from November 25 to 27, where Ningbo Zhongda Lide Intelligent Transmission Co., Ltd. showcased its core products in automation and intelligence [2] - Zhongda Lide's exhibition featured a dynamic display of high-end intelligent devices and automated production solutions, highlighting its comprehensive industrial automation solutions [2] - The product range includes high-precision gears, micro motors, precision reducers, core components for robots, and industrial robot assemblies, with new products like the K2/L2 integrated machine and S/SF high-efficiency brushless reducer electric motor receiving high praise from attendees [2]

每经AI快讯，英威腾（SZ 002334，收盘价：8.35元）11月27日晚间发布公告称，公司于2025年11月26 日召开了第七届董事会第十四次会议，审议通过了《关于使用闲置自有资金购买银行理财产品的议 案》，本议案无需提交公司股东会审议。公司董事会授权公司经营管理层在上述额度内代表公司办理相 关手续，并签署相关法律文件。投资金额为总额度不超过5亿元人民币，在该额度内可滚动使用。投资 方式仅限于购买结构性存款等低风险银行理财产品。 2025年1至6月份，英威腾的营业收入构成为：工业自动化占比66.55%，新能源占比16.08%，新能源汽 车占比13.24%，光伏储能占比4.13%。 截至发稿，英威腾市值为69亿元。 （记者 王晓波） 每经头条（nbdtoutiao）——灌水21万亿，高市早苗1.7万亿强化国防！日本负债率已远超债务危机时的 希腊，对美巨额投资致大规模资本外流，"卖出日元成国际趋势" ...

2025年1至6月份，英威腾的营业收入构成为：工业自动化占比66.55%，新能源占比16.08%，新能源汽 车占比13.24%，光伏储能占比4.13%。 每经头条（nbdtoutiao）——灌水21万亿，高市早苗1.7万亿强化国防！日本负债率已远超债务危机时的 希腊，对美巨额投资致大规模资本外流，"卖出日元成国际趋势" （记者 王晓波） 截至发稿，英威腾市值为69亿元。 每经AI快讯，英威腾（SZ 002334，收盘价：8.35元）11月27日晚间发布公告称，公司第七届第十四次 董事会会议于2025年11月26日在广东省深圳市光明区马田街道松白路英威腾光明科技大厦A座4楼会议 室以现场与通讯相结合的方式召开。会议审议了《关于变更注册资本暨修订 <公司章程> 的议案》等文 件。 ...

Core Insights - Jiangsu is experiencing a significant industrial transformation focused on high-end and green manufacturing, with key players like Nanjing Estun Automation leading the domestic industrial robot market [1][2] - The Jiangsu branch of China Construction Bank (CCB) is actively channeling financial resources into key industries such as high-end equipment and new energy, supporting the manufacturing sector's modernization [1][2] Group 1: Industrial Development - Nanjing Estun Automation has maintained its position as the top domestic industrial robot brand for seven consecutive years, with a notable increase in the export value of Jiangsu's shipbuilding industry, which surpassed 100 billion yuan, marking a 38.3% year-on-year growth [1][2] - The industrial landscape in Jiangsu is characterized by a focus on high-end and green manufacturing, which has become a core competitive advantage in the global market [1] Group 2: Financial Support for Enterprises - CCB's Jiangsu branch provides comprehensive financial support to enterprises, including liquidity loans and project financing, to facilitate innovation and global expansion [2][3] - In May, CCB provided 100 million yuan in liquidity and 50 million yuan in bill support to Estun for the development of next-generation robots [2] - CCB has cumulatively provided 1.3 billion yuan in financing to Estun, covering various services such as project loans and international business [2] Group 3: Support for SMEs - CCB is also focusing on small and medium-sized enterprises (SMEs) within the industrial chain, offering tailored financial solutions to enhance their transformation and stability [3] - For Zhuoao Optoelectronics, a key supplier for major brands, CCB provided a 10 million yuan credit scheme to support its smart production line upgrade [3] Group 4: Green Finance Initiatives - CCB is prioritizing green finance to assist the equipment manufacturing sector in its low-carbon transition [4] - Jiangsu New Era Shipbuilding Co., a leader in green shipbuilding, has received significant support from CCB, including 50 performance guarantees for ship delivery [4] - CCB has also customized a 63.4 million USD guarantee plan to help the company secure new orders amid changing external conditions [4] Group 5: Innovation and Market Expansion - CCB is facilitating the growth of high-tech companies like Suqian Weikai Technology, providing 10 million yuan in supply chain loans to support its transition into new energy and semiconductor sectors [6] - The bank has also approved a 250 million yuan credit for Shanghai Xinmin Heavy Forging Co. to support its strategic transformation project [7] Group 6: Future Outlook - The Jiangsu manufacturing sector is committed to advancing its upgrade process, with CCB continuing to enhance its financial services to support this evolution [7]

Core Insights - Oat Technology's stock increased by 5.31% to 31.36 CNY per share, with a total market capitalization of 4.571 billion CNY [1] - The company specializes in smart manufacturing, focusing on industrial automation and intelligent testing equipment [1] - The revenue breakdown shows that automated testing equipment accounts for 66.46%, accessories and others for 21.06%, and testing fixtures for 12.48% [1] Shareholder Insights - Huaxia Fund's Huaxia CSI Robot ETF (562500) is among the top ten circulating shareholders, having increased its holdings by 448,500 shares to a total of 2.4102 million shares, representing 1.65% of circulating shares [2] - The ETF has generated an estimated floating profit of approximately 3.8082 million CNY today [2] - The fund was established on December 17, 2021, with a current size of 22.798 billion CNY and has achieved a year-to-date return of 21.37% [2] Fund Management Insights - The fund manager of Huaxia CSI Robot ETF is Hualong, who has been in the position for 3 years and 98 days [3] - Under Hualong's management, the fund's total asset size is 35.957 billion CNY, with the best return during the tenure being 107.98% and the worst being -15.08% [3]

| 智能自控11月25日交易公开信息 | | --- | | 买/卖 | 会员营业部名称 | 买入金额（万元） | 卖出金额（万元） | | --- | --- | --- | --- | | 买一 | 华福证券有限责任公司南京胜太路证券营业部 | 4138.29 | 2467.04 | | 买二 | 爱建证券有限责任公司杭州富春路证券营业部 | 3194.10 | 1328.64 | | 买三 | 华福证券有限责任公司佛山南海毅贤路证券营业部 | 2301.05 | 2483.51 | | 买四 | 华鑫证券有限责任公司杭州分公司 | 1999.03 | 0.00 | | 买五 | 机构专用 | 1664.15 | 1033.83 | | 卖一 | 爱建证券有限责任公司温州划龙桥路证券营业部 | 74.59 | 3972.15 | | 卖二 | 华福证券有限责任公司佛山南海毅贤路证券营业部 | 2301.05 | 2483.51 | | 卖三 | 华福证券有限责任公司南京胜太路证券营业部 | 4138.29 | 2467.04 | | 卖四 | 中信证券股份有限公司宁波北仑新碶证券营业部 | 687.95 ...

Core Viewpoint - The company announced the exhibition of humanoid robot components at the China International Industry Fair by the end of September 2025 [2] Group 1: Company Developments - The company will showcase various humanoid robot components, including a seven-degree-of-freedom bionic arm, planetary joint actuators, linear actuators, frameless torque motors, low-voltage DC drivers, and planetary roller screws [2]

Group 1 - The core viewpoint of the news is that Buke Co., Ltd. has seen a stock price increase of 5.09%, reaching 88.72 yuan per share, with a total market capitalization of 8.059 billion yuan as of November 25 [1] - Buke Co., Ltd. specializes in the research, production, and sales of core components for industrial automation equipment and digital factory software and hardware, providing automation control and digital factory solutions [1] - The company's main business revenue composition includes 69.15% from drive systems, 30.09% from control systems, and 0.77% from other sources [1] Group 2 - Among the top circulating shareholders of Buke Co., Ltd., Yongying Fund's advanced manufacturing mixed fund A (018124) reduced its holdings by 131,600 shares, now holding 4.0105 million shares, which is 4.77% of the circulating shares [2] - The fund has achieved a year-to-date return of 62.2%, ranking 242 out of 8,136 in its category, and an annual return of 85.37%, ranking 57 out of 8,058 [2] - The fund manager, Zhang Lu, has a total fund asset scale of 22.921 billion yuan, with the best fund return during his tenure being 105.15% [3]

11月25日，步科股份涨5.09%，截至发稿，报88.72元/股，成交1.18亿元，换手率1.62%，总市值80.59亿 元。 华商润丰混合A（003598）基金经理为胡中原。 截至发稿，胡中原累计任职时间6年254天，现任基金资产总规模401.06亿元，任职期间最佳基金回报 337.64%， 任职期间最差基金回报-0.45%。 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。 数据显示，华商基金旗下1只基金位居步科股份十大流通股东。华商润丰混合A（003598）三季度增持 18.64万股，持有股数57.21万股，占流通股的比例为0.68%。根据测算，今日浮盈赚取约245.98万元。 责任编辑：小浪快报 华商润丰混合A（003598）成立日期2017年1月25日，最新规模66.06亿。今年以来收益72.33%，同类排 名122/8136；近一年收益79.62%，同类排名103/8058；成立以来收益337.2%。 资料显示，上海步科自动化股份有限公司位于中国(上海)自由贸易 ...