公告称，收购方没有在未来12个月内改变上市公司主营业务或者对上市公司主营业务做出重大调整的明 确计划；没有在未来12个月内对上市公司及其子公司的资产和业务进行出售、合并、与他人合资或合作 的明确计划，或上市公司拟购买或置换资产的明确重组计划；及中昊芯英自身现有资本证券化路径亦与 本次收购无关。 本次股份转让尚需取得上海证券交易所的合规性确认意见并在中国证券登记结算有限责任公司上海分公 司办理股份过户登记手续，以及相关法律法规要求可能涉及的其他批准，相关审批程序能否通过及通过 时间尚存在一定不确定性。 公司主要产品为汽车用高分子流体管路系统及密封系统零件及总成，主要应用于传统油车整车制造，目 前公司主营业务未发生重大变化。收购方中昊芯英无资产注入计划。 天普股份(605255)今日再度涨停，截至发稿，该股报111.28元/股，续创历史新高。至此，该股已连续15 个交易日涨停。 公司22日晚间再度提示，公司股价短期上涨幅度极大，目前已积累巨大交易风险，公司股价已严重偏离 上市公司基本面，未来存在快速下跌的风险。 ...

截至发稿，解锐累计任职时间3年219天，现任基金资产总规模20.12亿元，任职期间最佳基金回报 20.53%， 任职期间最差基金回报-0.42%。 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，南方基金旗下1只基金重仓川环科技。南方大数据100指数A（001113）二季度持有股数42.85 万股，占基金净值比例为1.03%，位居第七大重仓股。根据测算，今日浮亏损失约96.84万元。 南方大数据100指数A（001113）成立日期2015年4月24日，最新规模12.37亿。今年以来收益22.4%，同 类排名2308/4220；近一年收益39.19%，同类排名2713/3814；成立以来亏损12.03%。 南方大数据100指数A（001113）基金经理为解锐。 9月23日，川环科技跌5.06%，截至发稿，报42.39元/股，成交6.72亿元，换手率8.45%，总市值91.95亿 元。 资料显示，四川川环科技股份有限公司位于四川省达州市大竹县东柳工业园区，成立日期2 ...

为深入贯彻落实党中央、国务院决策部署，进一步推动新"国九条"和资本市场"1+N"政策文件的落地实 施，9月19日，由中国证券监督管理委员会上海监管局指导，上海上市公司协会、全景网主办，上海证 券交易所、深圳证券交易所、中证中小投资者服务中心支持的"2025年上海辖区上市公司集体接待日暨 中报业绩说明会"在上海圆满举行。 国泰海通证券投教基地作为本次集体接待日暨中报业绩说明会的投教支持机构，充分调动各分支机构力 量，广泛组织投资者参与活动并对上市公司提问，切实维护中小投资者的合法权益，并有效推动上市公 司优化投资者关系管理。本次活动中，国泰海通证券投教基地向辖区内39家上市公司提问共103条，收 到上市公司回复101条。 唯万密封董事会秘书刘正山回复：尊敬的投资者您好，2025年上半年度，公司主要业务板块的营业收入 均有所增长，工程机械领域依旧为公司最大的业务板块，由于不断深化与核心客户的合作及持续推进国 产化进程，营业收入依旧呈现增长趋势；值得一提的是，石油天然气、通用机械、气动及工业自动化等 领域营业收入增长显著，随着行业的进一步发展，预计将进一步拉低工程机械行业的营收占比。公司将 持续关注相关行业及市场动 ...

声明：市场有风险，投资需谨慎。 本文为AI大模型基于第三方数据库自动发布，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。受限于第三方数据库质量等问题，我们无法对数据的真实性及完整性进行分辨或核验， 因此本文内容可能出现不准确、不完整、误导性的内容或信息，具体以公司公告为准。如有疑问，请联 系biz@staff.sina.com.cn。 9月23日，浙江万里扬股份有限公司在杭州总部接待了杭州宽合私募基金公司、浙江英睿投资公司、浙 江纳轩私募基金公司、中信证券浙江分公司、中财招商投资集团等5家机构的调研。公司财务总监、董 事会秘书张雷刚及万里扬机器人科技公司总经理郭恩有参与接待。 本次投资者关系活动类别为特定对象调研。以下为本次调研的主要内容： 1.公司经营情况：浙江万里扬 业务涵盖汽车零部件与新型储能两大板块。汽车零部件业务聚焦汽车传动驱动系统产品研发、生产与销 售，覆盖乘用车、商用车及新能源汽车市场。同时，发力非公路传/驱动系统产品，如工程机械电驱动 系统、大马力拖拉机CVT等，还大力拓展零部件外销业务。新型储能业务则涉及发电侧、 ...

Investment Rating - The report maintains a positive outlook on BorgWarner, highlighting its leadership in the turbocharging sector and its strategic transformation towards electric vehicles [1]. Core Insights - The report emphasizes the historical development and strategic transformation of BorgWarner, showcasing its successful mergers and acquisitions, robust R&D investment, and global operational footprint [2][9]. - It identifies the shift in the automotive industry towards electric vehicles, presenting a significant opportunity for Chinese automotive suppliers to learn from global leaders like BorgWarner [2][3]. Summary by Sections Historical Overview - BorgWarner has evolved from a mechanical transmission company established in 1880 to a global leader in automotive components, with a focus on turbocharging and electric vehicle technologies [9][42]. - The company has strategically expanded through numerous acquisitions, enhancing its capabilities in both traditional and electric powertrain components [9][42]. Success Factors - The report attributes BorgWarner's success to its strong management, commitment to R&D, and a well-established global presence, with R&D expenses projected to exceed $740 million in 2024, maintaining a rate of around 5% [7][9]. - BorgWarner's proactive approach to mergers and acquisitions has allowed it to enter new markets and expand its product offerings effectively [7][9]. Industry Context - The report discusses the competitive landscape of the automotive parts industry, noting that German and Japanese suppliers dominate, while Chinese suppliers have significant growth potential [3][27]. - It highlights the transition from traditional fuel vehicles to electric vehicles, indicating that this shift presents a historical opportunity for domestic suppliers to enhance their market positions [2][8]. Future Outlook - The report anticipates continued growth for BorgWarner as it capitalizes on the electric vehicle trend, with a focus on developing advanced technologies such as electric drive modules and battery systems [9][42]. - It suggests that the integration of AI and robotics into the automotive supply chain will further enhance the competitive edge of companies like BorgWarner [6][9].

天眼查App显示，近日，广州炬峰汽车配件厂（个人独资）成立，注册资本1万人民币，经营范围为生 产线管理服务;机械零件、零部件加工;金属表面处理及热处理加工;技术服务、技术开发、技术咨询、技 术交流、技术转让、技术推广;技术进出口;电子元器件零售;五金产品零售;日用家电零售;自行车及零配 件零售;汽车拖车、求援、清障服务;汽车旧车销售;汽车装饰用品销售;新能源汽车电附件销售;新能源汽 车整车销售;五金产品批发;汽车零配件批发;金属材料销售;汽车零配件零售;互联网销售（除销售需要许 可的商品）。 ...

Core Insights - The A-share market experienced a collective decline on September 23, with the automotive parts sector showing resilience and increasing in value [1] - The automotive parts ETF (562700) rose by 0.13% with a trading volume of 17.54 million yuan, leading its category [1] - Key stocks such as Xusheng Group, Yongding Co., and Dayang Motor reached their daily limit up, indicating strong market interest [1] Automotive Parts Sector - The automotive parts ETF tracks the CSI Automotive Parts Theme Index, which includes high-quality component manufacturers across various automotive systems [1] - The sector is benefiting from the trends of electrification and intelligence in the domestic automotive industry, suggesting significant growth potential [1] - Companies involved in robotics are increasingly integrating into the automotive parts sector, with humanoid robots seen as a "second curve" for automotive components [1]

编号：2025-007 | 投资者关系活动 | ■特定对象调研 □分析师会议 | | --- | --- | | 类别 | □媒体采访 □业绩说明会 | | | □新闻发布会 □路演活动 | | | □现场参观 | | | □其他 （请文字说明其他活动内容） | | 参与单位名称及 | 杭州宽合私募基金公司 肖梦、浙江英睿投资公司 陈曦、浙江纳轩私募基金公 | | 人员姓名 | 司 曹胡加、中信证券浙江分公司 王诗丹、中财招商投资集团 张福利 | | 时间 | 2025 年 9 月 23 日 | | 地点 | 公司杭州总部 | | 上市公司接待人 | 财务总监、董事会秘书 张雷刚 | | 员姓名 | 万里扬机器人科技公司总经理 郭恩有 | | | 1、介绍公司经营情况 答：公司业务包括汽车零部件业务和新型储能业务。 | | | 汽车零部件业务主要为汽车传动驱动系统产品的研发、生产和销售，产品 | | | 覆盖乘用车市场、商用车市场、新能源汽车市场。同时，公司着力发展非公路 | | | 传/驱动系统产品，包括工程机械电驱动系统、大马力拖拉机CVT、中大马力拖 | | 投资者关系活动 | 拉机动力换挡系统以及机器 ...

9月23日早盘，汽车零部件板块表现活跃。 其中，N友升（603418）9月23日在上交所主板挂牌上市。截至当日10时46分，公司股价上涨90.08%，总市值达170.13亿元。该公司是集设计、开发、生 产、销售、服务于一体的专业铝合金汽车零部件制造商，公司始终专注于轻量化汽车零部件领域，致力于推动新能源汽车的续航升级和燃油车的节能减 排。 另外，恒帅股份（300969）（300969）、纽泰格（301229）（301229）、常熟汽饰（603035）（603035）、旭升集团（603305）（603305）、福达股份 （603166）（603166）、天普股份（605255）（605255）、浙江仙通（603239）（603239）、沪光股份（605333）（605333）等个股股价涨停或涨幅超过 10%。 | | | 汽车零部件 | | | --- | --- | --- | --- | | | | 7007.75 -0.89% | | | 成分股 | 基金 | 简况(F10) 资金 | 分析 新闻 句 | | 名称/代码 | | 最新 = | 涨幅 = 5日涨幅 = » | | N友升 | | 88.12 ...

Investment Rating - The report gives a "Buy" rating for the company, marking its initial coverage [10]. Core Views - Focusing on the automotive interior sector, the company aims to become a comprehensive solution provider, emphasizing R&D investment and a clear development path towards smart, electric, and integrated products [4][8]. - The company is in the early stages of exploring technology and resource reserves for lightweight robotics, with potential advantages in technology, R&D, customer relationships, and globalization [9][10]. Summary by Sections Company Overview - Founded in 2006 and headquartered in Wuhu, the company is a leading supplier of automotive interior functional and decorative components, with a complete manufacturing capability from design to assembly [7][20]. - The company has experienced three development phases: system construction, customer expansion, and globalization, successfully listing on the Growth Enterprise Market in 2023 and raising 776 million yuan for new factory production [7][23]. Financial Performance - Revenue grew from 350 million yuan in 2018 to 1.33 billion yuan in 2024, with a compound annual growth rate (CAGR) of approximately 24.8%. In the first half of 2025, revenue reached 820 million yuan, a year-on-year increase of 35.4% [7][29]. - Net profit increased from 10 million yuan in 2018 to 100 million yuan in 2024, with a CAGR of about 42.8%. In the first half of 2025, net profit was 60 million yuan, up 36.4% year-on-year [7][29]. Innovation and Global Strategy - The company maintains a strong focus on R&D, with expenses rising from 20 million yuan in 2018 to 60 million yuan in 2024, reflecting a CAGR of 18.1% [42]. - The company has established six domestic production bases and is expanding in Mexico and Japan, with a significant increase in overseas revenue, which reached 310 million yuan in 2024 [8][32]. Robotics Lightweight Strategy - The company is exploring lightweight materials for robotics, leveraging its existing injection molding capabilities to introduce engineering plastics into the robotics sector [54][55]. - The trend towards lightweight robotics is driven by the need for improved performance in endurance, mobility, and durability, with significant developments in materials like PEEK [55][57]. Investment Recommendations - The company is actively expanding its customer base and product categories while enhancing its international market presence, which is expected to increase revenue potential and profitability [10][54]. - Forecasted net profits for 2025-2027 are 150 million, 220 million, and 270 million yuan, with corresponding price-to-earnings ratios of 50.3X, 35.0X, and 27.6X [10].