点击注册小程序 查看完整报告 特别申明： 本订阅号中所涉及的证券研究信息由光大证券研究所编写，仅面向光大证券专业投资者客户，用作新媒体形势下研究 信息和研究观点的沟通交流。非光大证券专业投资者客户，请勿订阅、接收或使用本订阅号中的任何信息。本订阅号 难以设置访问权限，若给您造成不便，敬请谅解。光大证券研究所不会因关注、收到或阅读本订阅号推送内容而视相 关人员为光大证券的客户。 报告摘要 事件： 卡位机器人、数据中心、新能源等景气赛道，加速增长可期 在机器人领域：公司的DA200系列产品用于智能物流搬运机器人的精准运动控制，以及汽车换电站机械臂 的高效作业；DA180系列产品助力SCARA机器人提升编程效率，契合包装等场景需求；DA300系列产品也 应用在其他多种机器人场景中，提供高响应、高精度支持。在数据中心领域：根据赛迪顾问（CCID）发 布的《2023—2024年中国UPS市场研究年度报告》，公司模块化UPS电源产品在中国市场占有率稳居第 二，随着数据中心建设的起量，公司网络能源业务有望加速增长。在新能源领域：公司持续拓展海外市 场。 风险提示： 宏观经济下行风险、原材料价格波动风险、市场竞争加剧风险。 ...

公司代码：603275 公司简称：众辰科技 第一节 重要提示 1、本年度报告摘要来自年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展规划，投 资者应当到www.sse.com.cn网站仔细阅读年度报告全文。 2、本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实性、准确性、完整 性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 3、公司全体董事出席董事会会议。 4、容诚会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 5、董事会决议通过的本报告期利润分配预案或公积金转增股本预案 公司2024年度拟以实施权益分派股权登记日登记的总股本扣除公司回购专用账户中的股份为基数，向全 体股东每10股派发现金红利1.695元（含税），剩余未分配利润结转至下一年度。截至2025年4月21日， 即本次利润分配方案的董事会召开日，公司总股本148,771,851股，公司回购专用账户中的股数为 1,048,030股，扣除股权激励拟授予登记的回购股份250,000股后，公司回购专用账户剩余的股数为 798,030股，以总股本扣减公司回购专用账户剩余股数后的股数1 ...

Core Viewpoint - The article highlights the increasing presence of sovereign wealth funds, particularly from the Middle East, in the A-share market, focusing on their investments in energy and automation sectors [1][5]. Group 1: Sovereign Wealth Fund Investments - 64 stocks have QFII presence among the top ten circulating shareholders as of the latest quarterly reports [1]. - Abu Dhabi Investment Authority (ADIA) and Kuwait Investment Authority (KIA) are notably investing in energy stocks, with ADIA appearing in the top ten shareholders of Zijin Mining and Oriental Zirconium [1][4]. - GIC from Singapore is also present in the top ten shareholders of two companies, but has reduced its holdings overall [1][5]. Group 2: Company-Specific Insights - ADIA holds 1,550.15 million shares in Haida Group, a decrease of 324.11 million shares, with a market value of 77.43 million yuan [2][3]. - Haida Group reported a revenue of 25.63 billion yuan, a 10.60% increase year-on-year, and a net profit of 1.28 billion yuan, up 48.99% from the previous year [3]. - KIA has become the seventh largest shareholder of Invt Electric, holding 523.64 million shares valued at 45.54 million yuan, marking its return to the top ten shareholders after nearly a decade [5][6]. Group 3: Stock Performance - Zijin Mining and Oriental Zirconium saw stock price increases of 19.84% and 22.34% respectively during the first quarter [4]. - Invt Electric's stock price rose by 13.70% in the same period, despite a decline in its revenue and net profit [5][6]. - GIC reduced its holdings in both Bichu Electronics and Huaming Equipment, with share counts of 337.68 million and 1,356.96 million respectively, reflecting a decrease in market value [6][7].

证券代码：002058 证券简称：威尔泰 公告编号：2025-014 登录新浪财经APP 搜索【信披】查看更多考评等级 前述交易中，涉及资产购买事项的相关尽职调查、审计和评估等工作尚在进行中。公司将在审计、评估 等相关工作完成后，及时召开董事会审议相关事项。 上海威尔泰工业自动化股份有限公司 关于重大资产重组暨关联交易的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 一、交易概述 上海威尔泰工业自动化股份有限公司（以下简称"公司"）于2024年12月19日披露了《关于筹划重大资产 重组暨关联交易的提示性公告》（公告编号：2024-059）。公司拟出售公司仪表业务相关全部资产，资 产出售交易对方为上海紫竹科技产业投资有限公司，交易方式为现金支付。同时，公司拟以支付现金方 式购买上海紫江新材料科技股份有限公司部分股东持有的紫江新材部分股权，拟取得紫江新材控制权， 交易对方初步确定为包括但不限于上海紫江企业集团股份有限公司等紫江新材股东，公司初步预计购买 紫江新材股权比例合计为40%左右，其中向紫江企业购买股权比例为23%，后续公司将进一步接洽并确 定最终 ...

Group 1: Core Themes of Hannover Messe - The Hannover Messe 2025 focuses on AI, smart manufacturing, digital ecosystems, and energy solutions, showcasing around 4,000 exhibitors under the theme "Technology Shapes the Future" [1] - AI is a central theme, with companies like Siemens, Bosch, and Google Cloud presenting AI-driven solutions that enhance productivity across the entire value chain [2][3] - The digital twin technology is highlighted for optimizing research and production processes, significantly accelerating product development [3] Group 2: Innovations in Automation and Robotics - Automation and robotics technologies are prominently featured, with companies like Festo showcasing market-ready components and systems tailored to customer needs [4] - JAKA Robotics introduced the JAKA S 5 collaborative robot, emphasizing user-friendly graphical programming and high precision control [4] - The French company Wanzhi Energy presented comprehensive industrial connectivity solutions, illustrating various applications through a LEGO model of a complete factory [4] Group 3: Energy Transition and Hydrogen Solutions - The role of hydrogen in energy transition is emphasized, with companies displaying innovative solutions for electrolysis, storage, and industrial applications [5][6] - Bosch showcased its PEM electrolyzer, which effectively converts electrical energy into hydrogen while minimizing energy loss [5] - Ecolplanet won the Hermes Startup Award for its AI-driven platform that helps businesses analyze energy consumption in real-time, reducing energy costs by 20% and significantly lowering CO2 emissions [6] Group 4: International Collaboration and Green Development - The China National Energy Group presented its initiatives for green development and strategic emerging industries, highlighting its international cooperation efforts [6] - The establishment of a European research institute in Berlin focuses on clean energy and ecological cooperation, aiming to bridge Sino-European green technology collaboration [6]

以下文章来源于并购最前线 ，作者王露 并购最前线 . 投资界（PEdaily.cn）旗下，专注并购动态 最新一笔。 作者 I 王露 报道 I 投资界-并购最前线 投资界-并购最前线获悉，大钲资本宣布完成对儒拉玛特苏州公司及其全球子公司和关联 企业的收购交易。不过，交易金额尚未官宣披露。 儒拉玛特起源于德国，拥有近60年的制造经验，是全球领先的工业自动化装配系统集成 供应商，覆盖全球20余个国家和地区，于1998年进入中国。如今，这个跨国公司被大钲 资本收入囊中。 大钲资本宣布，已完成对儒拉玛特自动化技术（苏州）有限公司及其全球子公司和关联 企业的收购交易。但并未披露此次交易具体金额。 公告显示，儒拉玛特集团由儒拉玛特自动化技术（苏州）有限公司及儒拉玛特在亚太、 欧洲和北美的全球分子公司和关联企业组成。 大钲资本通过其美元基金设立的儒拉玛特（新加坡）作为控股主体，完成对集团的股权 收购。儒拉玛特（新加坡）作为集团控股总部，将持有" r uhl ama t "和"儒拉玛特"品牌及 商标的所有权。 这 意 味 着 ， 大 钲 资 本 不 仅 收 购 了 儒 拉 玛 特 苏 州 公 司 ， 而 是 将 整 个 儒 拉 ...

截至2025年3月30日，北交所挂牌公司共265家，总股本355.80亿股，流通股本226.83亿股。 从成交量上来看，上周（3月24日-3月30日），北交所周成交量为66.30亿股，环比上周减少28.12%；周成交金额为1323.40亿元，环比上周减少33.32%。 | 项目 | 本周 | 比上周增减(%) | 本年累计 | | --- | --- | --- | --- | | 成交数量 (万股) | 663025.07 | -28.12% | 7561947.96 | | 成交金额(万元) | 13234012.47 | -33.32% | 160023864.59 | | 成交均价(元) | 19.96 | -7.23% | 21.16 | 上周（3月24日-3月30日)，北证50指数周微涨0.07%至1306.50点。在50家北证50成分股中，22只上涨，0只平盘，28只下跌。 其中，德源药业（832735）涨幅居首，上涨19.07%，天力复合（873576）居次，上涨13.92%。国航远洋（833171）跌幅居首，下跌16.94%，机科股份 （835579）居次，下跌13.43%。 新股发行方面， ...

Group 1: Financial Performance - In 2024, the company achieved revenue of 466 million, a year-on-year increase of 5.53% [1] - The net profit attributable to shareholders was 95.42 million, reflecting a significant year-on-year growth of 141.38% [1] - The company's securities investments contributed approximately 18.79 million to net profit [1] Group 2: Market Performance and Product Development - The company experienced a remarkable performance in the metal cutting market, with product revenue increasing by about 25% year-on-year [1] - The introduction of new CNC systems, such as the NK300CXPLUS/NK550M, integrated advanced control and intelligent technology to meet diverse processing needs in the 3C product sector [1] - In the laser processing field, the company enhanced its CNC+CAD/CAM technology, leading to a slight increase in revenue from laser processing products [2] Group 3: Product Matrix and Technological Advancements - The company has developed a comprehensive product matrix for servo products, suitable for both 220V and 380V environments, with motor power ranging from 100W to 15KW [3] - The direct drive technology has matured, with controllable direct drive motors achieving peak thrusts exceeding 3100N [3] - Revenue from servo drive products grew by approximately 15% year-on-year in 2024 [3]

Core Viewpoint - The collaboration between Shenzhen Buke Electric Co., Ltd. and Kingdee Software (China) Co., Ltd. marks a significant milestone in Buke's digital transformation and deepens their strategic partnership to establish a new benchmark in intelligent manufacturing [1][7]. Company Overview - Buke, founded in 1996, is a high-tech enterprise listed on the Sci-Tech Innovation Board in 2020, focusing on the research, production, and sales of industrial automation and robotics core components, as well as digital factory software and hardware [3]. - Buke is recognized as a leading supplier in China's automation control, robotics power, and digital factory solutions [3]. Historical Context - In 2015, with the rise of Industry 4.0, Buke entered the intelligent manufacturing sector and partnered with Kingdee to develop the Smart Factory System (SFS), which was launched at the Hannover Messe in 2016 [5]. - The SFS solution has significantly benefited small and medium-sized manufacturers in China by achieving "super transparency, super flexibility, and super intelligence" [5]. Project Goals - The newly launched digital project aims to focus on three key areas: establishing a comprehensive digital foundation, enhancing management through process optimization, and leading industry development by exploring innovative practices in industrial automation [7]. - The project is seen as a continuation of the successful collaboration in the "KK1.0" phase, which has helped Buke grow from a small innovative company to a significant player in its niche [7]. Strategic Direction - Buke has established a "1+N" strategic layout, centering on robotics to provide innovative, high-quality, and cost-effective automation and digital solutions across various industries [9]. - The company emphasizes that digitalization and intelligence will be crucial drivers for achieving high-quality, low-cost, and fast delivery solutions [9]. Kingdee's Role - Kingdee's Assistant President expressed gratitude for Buke's trust and highlighted the importance of their renewed partnership in exploring future directions for intelligent manufacturing [11]. - Kingdee's cloud solutions are designed to help enterprises reshape their market competitiveness, leveraging over 30 years of experience in high-end manufacturing [11][13]. Future Outlook - Kingdee aims to empower more specialized and innovative Chinese manufacturing enterprises in their digital transformation efforts, contributing to high-quality development in the manufacturing sector [13].

Core Viewpoint - Innovation is a relentless pursuit for Honeywell, deeply embedded in the company's DNA, and is essential for driving industrial upgrades and sustainable development in China and globally [1] Group 1: Innovation and R&D - Honeywell's Chinese R&D team plays a crucial role in the global innovation network, providing targeted research and development to meet local market demands [2] - The company has adopted an agile development model to overcome challenges in resource allocation and lengthy processes, enabling faster innovation [2] - Honeywell encourages a culture of innovation among employees, organizing events like the China Innovation Competition, which received 370 innovative proposals in 2024 [3] Group 2: Digital Transformation in Manufacturing - Honeywell is committed to enhancing manufacturing quality and efficiency through advanced technologies in industrial automation, energy transition, and aviation [4] - The company has engaged in comprehensive collaboration with Shenghong Petrochemical since 2021, providing smart factory solutions that integrate dynamic sensing and data management [4] - The year 2024 is anticipated to mark AI's transition from experimental to mainstream commercial applications, with significant impacts expected in industrial efficiency and operations [4][5] Group 3: Sustainable Development and Environmental Responsibility - As China pursues its "dual carbon" goals, energy transition is a key trend for sustainable development across industries, with high-tech companies like Honeywell playing a vital role [7] - Honeywell is focused on developing innovative technologies to reduce energy consumption and environmental pollution, including carbon capture and sustainable aviation fuel [7] - The company has established seven national or provincial-level green factories in China, with over 75% of products produced in these facilities, reflecting its commitment to sustainability [7]