每经AI快讯，9月24日，和晶科技在互动平台表示，公司智能制造业务主要为家电、汽车电子、通讯、 工业控制、新兴消费电子等行业领域客户提供服务链条完整的智能控制器产品服务，其中在机器人领 域，公司有形成少量销售订单，在公司整体营收中的占比较小。 ...

Group 1 - The company, Hejing Technology, stated on September 24 that its smart manufacturing business provides a complete service chain of smart controller products for clients in various industries, including home appliances, automotive electronics, communications, industrial control, and emerging consumer electronics [1] - In the robotics sector, the company has formed a small number of sales orders, which represent a minor proportion of the overall revenue [1]

Core Insights - The report from Tianfeng Securities highlights that Heertai achieved operating revenue of 5.446 billion yuan in H1 2025, representing a year-on-year growth of 19.21% [1] - The company reported a net profit attributable to shareholders of 354 million yuan, marking a significant year-on-year increase of 78.65% [1] Business Segments Performance - Revenue from home appliance smart controllers reached 3.56 billion yuan, with a year-on-year growth of 22.14% [1] - Revenue from electric tool smart controllers was 535 million yuan, reflecting a year-on-year increase of 8.32% [1] - Smart product controllers generated revenue of 618 million yuan, showing a year-on-year growth of 9.92% [1] - Automotive electronic smart controllers achieved revenue of 415 million yuan, with a year-on-year increase of 5.20% [1] - Revenue from phased array T/R chips surged to 201 million yuan, representing a remarkable year-on-year growth of 180.16% [1] Strategic Initiatives - The company is proactively developing gesture interaction technology and has launched the "Perception Plan" gesture clothing, which is widely compatible with VR/AR scenarios and extends to wellness cushion products [1] - Heertai has integrated the DeepSeek large model into its industry digital intelligence model, facilitating applications in smart office, health home, and smart control, thereby creating a collaborative path from "information processing" to "device control" [1] - The company maintains an "overweight" rating, indicating a positive outlook on its growth potential [1]

Core Viewpoint - The upcoming IPO of Moore Threads, referred to as the "Chinese version of Nvidia," is generating significant market interest, particularly benefiting its shareholder, Heertai, whose stock price has surged in response [1][2]. Group 1: Company Overview - Heertai holds a 1.0262% stake in Moore Threads, which has a book value of 306 million yuan [2][3]. - Since its A-share market debut in 2010, Heertai has seen its revenue grow from 562 million yuan to 9.659 billion yuan from 2012 to 2024, representing an increase of over 16 times [6]. - The company's net profit has also increased from 26 million yuan to 364 million yuan during the same period, a growth of 13 times [6]. Group 2: Recent Performance - Heertai's stock price has increased approximately fivefold over the past year, rising from around 9 yuan to 55.19 yuan per share [4]. - In the first half of 2025, Heertai reported revenue of 5.446 billion yuan, a year-on-year increase of 19.21%, and a net profit of 354 million yuan, up 78.65% [6][7]. Group 3: Global Strategy and Market Position - Heertai's overseas revenue accounted for 66.24% of total revenue in the first half of 2025, amounting to 3.608 billion yuan, reflecting a year-on-year growth of 22.13% [7]. - The company has established manufacturing bases in various countries, including Vietnam, Romania, Italy, and Mexico, to support its global strategy and enhance local service capabilities [6][7].

Core Viewpoint - The company, Zhiwei Intelligent (智微智能), has developed an intelligent controller that supports major control chips from Intel, Rockchip, and Nvidia Jetson, specifically designed for mobile, industrial, and robotic applications [1] Group 1: Product Features - The intelligent controller offers high-performance processing, high-speed communication, and reliable design features such as efficient heat dissipation and reinforced shock resistance [1] - For instance, the EII-6300 model supports mainstream large language models (LLMs) like Qwen and DeepSeek, as well as hierarchical visual language models (VLMs) such as CLIP, and commonly used visual language action models like OpenVLA [1]

Group 1: Investment and Business Strategy - The company has invested in the Chuang Dongfang Houze Fund, focusing on hard technology fields aligned with its "1+3+N" strategy, including automotive electrification and intelligent sensors [1][2] - The fund has made significant investments in projects such as RISC-V CPU chip development and leading companies in RF front-end modules and lightweight automotive components, indicating a strong growth trajectory [2] - The company aims to expand its business scope and accelerate innovation through participation in the fund, enhancing strategic collaboration [2] Group 2: Product Development and Innovation - The company showcased its Smart Bed 2.0 system at the 2025 Tencent Global Digital Ecosystem Conference, featuring medical-grade sensing technology for health monitoring [2][3] - The company is actively developing products in the pet technology sector, including smart aquariums and pet feeders, capitalizing on the growing pet economy [3][4] - The automotive electronics segment has seen significant growth, with marketing revenue reaching CNY 92.93 million, a 151.34% increase year-on-year [4] Group 3: Financial Performance and Revenue Growth - The company reported a revenue of CNY 504.28 million from home appliance smart controllers, a 9.57% increase year-on-year [4] - New business segments, including medical health and robotics, contributed CNY 161.06 million in revenue, reflecting a 49.18% year-on-year growth [4] - As of August 31, 2025, the company repurchased 223,000 shares, representing 0.22% of its total share capital [6][8] Group 4: Market Expansion and Internationalization - The Vietnam production base has reached saturation and is undergoing capacity expansion to support international market growth [5][6] - The company is committed to enhancing its global market influence through strategic international partnerships and operational efficiency improvements [6][7] Group 5: Shareholder Communication and Market Performance - The company emphasizes the importance of shareholder returns and is focused on improving operational performance to enhance intrinsic value [7][8] - The stock price is influenced by various factors, including macroeconomic conditions and market sentiment, leading to volatility [7][8] - The company plans to maintain open communication with investors through regular reports and performance briefings [8]

Core Viewpoint - The stock of Heertai (SZ002402) reached its daily limit with a price of 43.95 yuan, reflecting a 10.01% increase, driven by strong performance indicators and global expansion efforts [1][2]. Company Performance - In the first half of 2025, the company reported a net profit increase of 78.65% year-on-year, with a non-recurring net profit growth of 97.24%, indicating robust financial health [2]. - The subsidiary, Chengchang Technology, showed remarkable growth with a revenue increase of 180.16% and a net profit increase of 333.23%, significantly contributing to the overall performance of the company [2]. - The company invested 328 million yuan in research and development, marking a 12.99% increase, which is expected to enhance its technological advantages and core competitiveness [2]. Global Expansion - The company has made significant strides in its global layout, with overseas revenue accounting for 66.24% of total income, and factories in Vietnam and Mexico now operational, expanding its market reach [2]. Industry Outlook - The smart controller industry is projected to have a positive growth outlook, encompassing various sectors such as home appliances, power tools, and automotive electronics [2]. - On September 18, 2025, stocks related to the smart controller sector experienced a collective rise, indicating a sector-wide momentum [2]. Technical Factors - The improvement in the company's fundamentals may have attracted significant capital attention, potentially leading to net inflows from large orders or institutional investors, contributing to the stock's limit-up performance [2].

Core Viewpoint - The company, Ruide Intelligent (301135), has been a pioneer in the smart controller industry for over 20 years, focusing on advanced R&D, efficient production systems, and strong customer service [1] Group 1: Business Strategy - The company is actively constructing a "1+3+N" industrial new pattern, which includes consolidating its main business in home appliance controllers while expanding into new business areas such as motor electronics, automotive electronics, and smart energy [1] - The strategic layout also includes emerging fields like healthcare, pet technology, low-altitude flight, and smart home solutions [1] Group 2: Product Development - Currently, the company's smart controller products do not involve CPO, F5G, or computing and data center-related fields [1] - The company adheres to an open innovation philosophy and plans to dynamically optimize its cooperation strategies based on technological trends and business needs [1] Group 3: Commitment to Disclosure - The company commits to timely information disclosure in accordance with regulations if there are any relevant developments in the future [1]

Core Viewpoint - The company, 瑞德智能, focuses on intelligent energy source products and smart controllers, primarily used in portable energy storage products and lithium battery packs, indicating a commitment to innovation and technology development [1] Group 1: Product Applications - The company's intelligent energy source products and smart controllers are applied in portable energy storage products, lithium battery packs, home storage products, portable energy storage power controllers, and lithium battery packs for wireless vacuum cleaners [1] - The company has developed a BMS battery management system and MPPT maximum power point tracking algorithm to enhance energy storage efficiency [1] Group 2: Technological Development - The company has implemented a solar energy storage and charging integrated inverter system for bidirectional energy conversion, with technology already in place [1] - Currently, the company's products have not been applied in the solid-state battery field, but the company maintains an open and innovative approach [1] Group 3: Future Strategy - The company plans to dynamically optimize its cooperation strategy based on technological development trends and business needs, aiming to promote the continuous upgrade of its intelligent product ecosystem [1]

Core Viewpoint - 瑞德智能 is a pioneer in the smart controller industry, with over 20 years of experience in the field [1] Group 1: Company Overview - 瑞德智能 has established long-term stable partnerships with leading companies such as 苏泊尔, 和生, 公牛, 添可, Shark Ninja, 纳恩博, 新宝, 纯米, 美的, 日出东方, 蓝界, and 石头科技 [1] - The company relies on an advanced R&D design platform, an efficient digital production system, a comprehensive quality management system, and a strong customer service system [1] Group 2: Market Position - 瑞德智能's products are currently not sold on cross-border e-commerce platforms [1]