Core Points - Lingyun Industrial Co., Ltd. has experienced a stock price decline of 6.58% over the past three days, with the current price at 14.06 CNY per share and a market capitalization of 17.186 billion CNY [1] - The company primarily engages in the production and sales of automotive parts (91.23% of revenue) and plastic pipeline systems (5.27% of revenue), with other segments contributing 3.56% [1] Shareholder Analysis - Southern Fund's Southern Military Reform Flexible Allocation Mixed A Fund increased its holdings by 1.8265 million shares, totaling 7.9149 million shares, representing 0.66% of the circulating shares [2] - The fund has incurred a floating loss of approximately 791,500 CNY today, with cumulative losses of 7.8357 million CNY during the three-day decline [2] - The fund has a total asset size of 3.549 billion CNY and has achieved a year-to-date return of 19.07%, ranking 4470 out of 8244 in its category [2]

本周，拓普集团股价创下历史新高，最新市值约1300亿元。回顾六年时间里，公司股价累计上涨约15倍，今年以来涨幅也超过了50%。 2014年，邬建树将五大板块整合为拓普集团，构建了完整的NVH系统，成为国内少有的具备整车同步研发能力的NVH集成供应商之一。2015年，拓普集 团在上交所上市。 之后的接班人是一位年轻面孔。 资料显示，2000年出生，邬好年为邬建树之子，毕业于加拿大多伦多大学，获得学士学位。根据披露，父子二人及其一致行动人（宁波筑悦、派舍置业） 合计持有公司58.48%的股权。 公司身后是一对宁波父子——邬建树、邬好年。早年从一间汽车配件厂起家，后来成长为NVH行业的集成供应商。2016年拓普集团切入新能源汽车领 域，最新则是抓住机器人风口。 作为人形机器人的供应商，拓普集团的股价不断攀升，带来一场财富增值。根据《2025胡润全球富豪榜》，邬建树以590亿的身家位列第382位，首次登顶 宁波本土首富。 白手起家，父子掌舵 故事要从一位宁波青年说起。 1983年，年仅19岁的邬建树开始闯江湖，兜兜转转最终在宁波创立第一家拓普汽车配件厂。彼时国内汽车工业处于起步阶段，资金少、技术薄。邬建树从 橡胶减震 ...

| 判，仅个别客户的谈判仍在进行中。公司预计下半年产 | | --- | | 品价格将逐步趋稳，有助于毛利率保持稳定。从产品结 | | 构来看，C-EPS 产品受价格下行影响较大，其毛利率下 | | 降尤为明显。由于 C-EPS 贡献了约 50%的收入，因此对 | | 公司上半年毛利影响较大。随着高端 EPS 产品销量的逐 | | 步提升，以及电调管柱、电动循环球等产品收入贡献的 | | 扩大，公司毛利率有望得到进一步改善。 | | 2、问：公司在线控转向和后轮转向方面的量产时间表 | | 能否介绍一下？ | | 答：公司在线控转向和后轮转向领域技术储备深厚，已 | | 获多家主流车企定点，线控转向首个量产项目预计于 | | 2026 年下半年开始量产，后轮转向首个量产项目预计于 | | 今年四季度开始量产。这两类产品分别主要面向 L3+智 | | 能驾驶车型及高性能豪华车型，技术壁垒高，市场前景 | | 广阔。 | | 3、问：公司目前产能利用率如何？未来扩产重点是哪 | | 类产品？ | | 答：目前整体产能利用率保持在 80%-90%的健康水平。 | | 未来扩产重点围绕电动化、智能化转向产品，以匹配市 ...

9月22日，福达股份涨5.3%，截至发稿，报19.09元/股，成交6.47亿元，换手率5.48%，总市值123.36亿 元。 资料显示，桂林福达股份有限公司位于广西壮族自治区桂林市西城经济开发区秧塘工业园秧十八路东 侧，成立日期2000年12月28日，上市日期2014年11月27日，公司主营业务涉及发动机曲轴、汽车离合 器、螺旋锥齿轮、高强度螺栓等汽车零部件以及发动机曲轴毛坯、汽车前梁等精密锻件的研发、生产与 销售。主营业务收入构成为：曲轴62.87%，精密锻件12.10%，离合器11.10%，齿轮5.61%，其他(补 充)5.39%，高强度螺栓2.93%。 从基金十大重仓股角度 数据显示，华夏基金旗下1只基金重仓福达股份。华夏策略混合（002031）二季度持有股数145万股，占 基金净值比例为4.52%，位居第五大重仓股。根据测算，今日浮盈赚取约139.2万元。 华夏策略混合（002031）成立日期2008年10月23日，最新规模4.97亿。今年以来收益5.2%，同类排名 6691/8244；近一年收益27.31%，同类排名5364/8066；成立以来收益587.2%。 风险提示：市场有风险，投资需谨慎。本 ...

Core Viewpoint - General Shares has experienced a decline in stock price and significant changes in shareholder structure, with a notable increase in revenue but a sharp decrease in net profit [1][2]. Group 1: Stock Performance - On September 22, General Shares' stock price fell by 2.14%, trading at 4.58 yuan per share, with a total market capitalization of 7.279 billion yuan [1]. - Year-to-date, the stock price has decreased by 14.07%, with a slight decline of 0.22% over the last five trading days and 3.38% over the last 20 days [1]. Group 2: Financial Performance - For the first half of 2025, General Shares reported a revenue of 4 billion yuan, representing a year-on-year growth of 30.39% [2]. - The net profit attributable to shareholders was 64.2889 million yuan, which reflects a significant year-on-year decrease of 77.56% [2]. Group 3: Shareholder Structure - As of June 30, 2025, the number of shareholders decreased by 5.31% to 65,400, while the average number of circulating shares per person increased by 5.61% to 24,121 shares [2]. - The top ten circulating shareholders include Southern CSI 1000 ETF, which increased its holdings by 1.8274 million shares, and Hong Kong Central Clearing Limited, which reduced its holdings by 258,350 shares [3].

太平科技先锋混合发起式A（023044）基金经理为徐昊。 截至发稿，徐昊累计任职时间175天，现任基金资产总规模2794.87万元，任职期间最佳基金回报 37.06%， 任职期间最差基金回报36.68%。 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。 从基金十大重仓股角度 数据显示，太平基金旗下1只基金重仓银轮股份。太平科技先锋混合发起式A（023044）二季度持有股 数6万股，占基金净值比例为5.21%，位居第二大重仓股。根据测算，今日浮盈赚取约12.42万元。 太平科技先锋混合发起式A（023044）成立日期2025年4月1日，最新规模2301.44万。成立以来收益 37.06%。 9月22日，银轮股份涨5.1%，截至发稿，报42.67元/股，成交15.55亿元，换手率4.79%，总市值356.21亿 元。 资料显示，浙江银轮机械股份有限公司位于浙江省天台县福溪街道始丰东路8号，成立日期1999年3月10 日，上市日期2007年4月18日，公司主营业务涉及油、水、气 ...

9月22日，银轮股份涨5.1%，截至发稿，报42.67元/股，成交15.55亿元，换手率4.79%，总市值356.21亿 元。 资料显示，浙江银轮机械股份有限公司位于浙江省天台县福溪街道始丰东路8号，成立日期1999年3月10 日，上市日期2007年4月18日，公司主营业务涉及油、水、气、冷媒间的热交换器、汽车空调等热管理 产品以及后处理排气系统相关产品的研发、生产与销售。主营业务收入构成为：热交换器88.73%，其 他10.51%，贸易0.76%。 从基金十大重仓股角度 数据显示，华商基金旗下1只基金重仓银轮股份。华商新能源汽车混合A（013886）二季度持有股数 46.97万股，占基金净值比例为2.55%，位居第九大重仓股。根据测算，今日浮盈赚取约97.23万元。 华商新能源汽车混合A（013886）成立日期2021年11月17日，最新规模3.23亿。今年以来收益35.48%， 同类排名2167/8244；近一年收益53.07%，同类排名2819/8066；成立以来亏损44.48%。 截至发稿，张文龙累计任职时间2年51天，现任基金资产总规模12.21亿元，任职期间最佳基金回报 60.48%， 任职期间最 ...

Group 1 - The core viewpoint of the news is that Zhejiang Yinlun Machinery Co., Ltd. has seen a significant increase in its stock price, with a rise of 5.1% to 42.67 CNY per share, and a total market capitalization of 35.62 billion CNY [1] - The company specializes in the research, production, and sales of heat exchangers and thermal management products, with 88.73% of its main business revenue coming from heat exchangers [1] - The trading volume for the stock reached 1.555 billion CNY, with a turnover rate of 4.79% [1] Group 2 - According to data, Debon Fund has a significant holding in Yinlun shares, with its Debon High-end Equipment Mixed Fund A (023566) holding 373,900 shares, accounting for 8.84% of the fund's net value [2] - The fund has generated an estimated floating profit of approximately 774,000 CNY from its investment in Yinlun shares [2] - The Debon High-end Equipment Mixed Fund A was established on March 14, 2025, and has a total scale of 13.26 million CNY, with a cumulative return of 23.94% since inception [2]

汇添富中证2000ETF（159536）基金经理为孙浩。 截至发稿，孙浩累计任职时间2年26天，现任基金资产总规模134.34亿元，任职期间最佳基金回报 124.99%， 任职期间最差基金回报3.87%。 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 9月22日，飞龙股份涨5.21%，截至发稿，报27.88元/股，成交10.15亿元，换手率6.82%，总市值160.25 亿元。 资料显示，飞龙汽车部件股份有限公司位于河南省西峡县工业大道，成立日期2001年1月9日，上市日期 2011年1月11日，公司主营业务涉及汽车零部件及其机械产品的研发、制造、销售。主营业务收入构成 为：汽车发动机热管理节能减排部件48.69%，汽车发动机热管理重要部件38.78%，汽车新能源热管理 部件8.57%，液冷领域热管理部件1.90%，汽车非发动机其他部件1.71%，其他(补充)0.35%。 从基金十大重仓股角度 数据显示，汇添富基金旗下1只基金重仓飞龙股份。汇添富中证 ...

Core Insights - The core conclusion of the report indicates that in the second week of September, the compulsory insurance for vehicles reached 450,000 units, representing a week-on-week increase of 24.9% and a month-on-month increase of 4.9% [2][3] - The performance of various automotive sub-sectors showed that SＷ automotive parts increased by 4.3%, followed by SW automotive at 3.0%, SW passenger vehicles at 1.9%, while SW commercial passenger vehicles and SW commercial freight vehicles decreased by 0.5% and 1.2% respectively [2][3] Industry Developments - Key industry changes include the official launch dates for several new models: the Ideal i6 on September 26, the Xiangjie S9T with 10,000 pre-orders in 72 hours, and the Geely Galaxy M9 with over 23,000 pre-orders [3] - Xiaoma Zhixing announced its entry into the Singapore market, partnering with ComfortDelGro Corporation to deploy autonomous vehicles and related services [3] - The company also received Belgium's first federal-level L4 autonomous driving test license for its Robobus [3] Investment Opportunities - The automotive sector is currently witnessing three main lines of investment opportunities, with a focus on the performance of A-H shares in the automotive market, particularly in the parts sector, which has shown the best growth [4] - The report highlights the importance of new vehicle orders and internal demand, with significant pre-order numbers for the new models indicating potential growth drivers [4] Strategic Recommendations - The report outlines key investment targets within the Robotaxi and Robovan supply chains, including integrated models and technology providers [6] - It also identifies core beneficiaries among consumer vehicle manufacturers, emphasizing companies like Xpeng Motors, Li Auto, and NIO as key players in the smart vehicle market [6] - The report suggests a focus on automotive parts suppliers, particularly those involved in AI and robotics, as promising investment opportunities [5][6]