汽车 | 汽车零部件 北交所|首次覆盖报告 hyzqdatemark 2026 年 02 月 02 日 证券分析师 证券研究报告 赵昊 SAC：S1350524110004 zhaohao@huayuanstock.com 万枭 SAC：S1350524100001 wanxiao@huayuanstock.com 市场表现： | 基本数据 | 2026 | | | 年 | 01 | | 日 | | | | 月 | 30 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 收盘价（元） | | | | | | | 14.68 | | | | | | | 一 年 内 | | 高 | / | | | 低 | | | 最 | 最 | | | | （元） | | | | | | | | 26.68/10.38 | | | | | | 总市值（百万元） | | | | | | | | | | | | 2,227.14 | | 流通市值（百万元） | | | | | | | | | | | | 2,008. ...

Investment Rating - The report assigns an "Accumulate" rating for the company, marking its first coverage [5]. Core Insights - The company is a leading player in the giant tire industry, with a strong focus on overseas expansion and a robust order book, indicating potential for revenue growth [9]. - The global giant tire market is expected to grow at a CAGR of approximately 8.4% from 2023 to 2027, with significant demand driven by the mining sector [7]. - The company plans to establish a joint venture in Russia for tire production, with an estimated investment of 43.19 billion RMB and an annual production capacity of 10,500 tires [6]. Financial Summary - Revenue projections for the company are as follows: 2,251 million RMB in 2023, 2,300 million RMB in 2024, 2,200 million RMB in 2025, 2,468 million RMB in 2026, and 3,404 million RMB in 2027, with growth rates of 49%, 2%, -4%, 12%, and 38% respectively [5]. - The net profit attributable to the parent company is forecasted to be 654 million RMB in 2023, 679 million RMB in 2024, 660 million RMB in 2025, 740 million RMB in 2026, and 1,021 million RMB in 2027, with corresponding growth rates of 85%, 4%, -3%, 12%, and 38% [5]. - The company’s gross margin is projected to remain high at around 55%, with net profit margins stabilizing at approximately 30% from 2025 to 2027 [12]. Market Position and Competitive Landscape - The giant tire market is characterized by high barriers to entry, with a few foreign companies historically dominating the sector. However, domestic companies are beginning to capture market share due to improved product quality and competitive pricing [8]. - The company has established strong customer relationships with major mining enterprises, which enhances its market position and customer retention [9]. - The company’s planned production capacity expansion includes 24,400 tires domestically and 10,500 tires in Russia, which is expected to significantly increase its output and market presence [10].

算力板块利通电子2连板。一图速览今日连板股>> 2月2日，Wind数据显示，A股市场共计44只个股涨停。其中白酒股皇台酒业3连板，算力板块利通电子2 连板。一图速览今日连板股>> | | 连板服务 2.2 3.2 3.2 3.2 3.2 | | | --- | --- | --- | | 股票名称 | 连板大数 | 所属概念 | | 青导演业 | 3 | 白酒 | | *ST华峰 | 3 | 风电 | | 横店影视 | 3 | 影视 | | 万丰股份 | 3 | 化工 | | 通鼎互联 | 2 | 数据中心 | | *ST东易 | 2 | 算力中心 | | 名雕股份 | 2 | 建筑 | | 杭电股份 | 2 | 光通信 | | 利通电子 | 2 | 算力租赁 | | 白云电器 | 2 | 算力中心 | | 西上海 | 2 | 汽车零部件 | | | 能口防经 | 院數点 | ...

格隆汇2月2日丨精锻科技(300258.SZ)在投资者互动平台表示，公司现阶段与北美大客户的业务合作模 式是客户提名合作，后续业务进展情况，请以公司定期报告披露信息为准，敬请关注，并注意投资风 险。 ...

Core Viewpoint - The company, Guangdong Hongte Technology Co., Ltd., is positioned to benefit from trends in the Guangdong-Hong Kong-Macao Greater Bay Area, the depreciation of the RMB, and the growth of the low-altitude economy and new energy vehicles [2][3]. Company Overview - Guangdong Hongte Technology was established on July 22, 2003, and listed on February 15, 2011. The company specializes in the development, production, and sales of aluminum alloy precision die-casting parts for automotive engines, transmissions, and chassis [7]. - The revenue composition of the company includes 77.08% from traditional fuel vehicle die-casting parts, 16.81% from new energy vehicle die-casting parts, and 6.11% from other sources [7]. Financial Performance - For the period from January to September 2025, the company achieved a revenue of 1.413 billion yuan, representing a year-on-year growth of 8.20%. However, the net profit attributable to the parent company was 27.6644 million yuan, reflecting a year-on-year decrease of 6.06% [7]. - The company has distributed a total of 211 million yuan in dividends since its A-share listing, with 7.7456 million yuan distributed over the past three years [8]. Market Position and Trends - The company has passed Tesla's supplier qualification but has not yet commenced supply [3]. - The company aims to focus on the automotive aluminum alloy precision die-casting business while also increasing investment in the development of new energy vehicle components to enhance its market share in this sector [3]. Shareholder Information - As of September 30, 2025, the number of shareholders was 24,900, a decrease of 7.71% from the previous period. The average number of circulating shares per person increased by 8.36% to 15,539 shares [7][8]. - New institutional shareholders include Bodao Growth Zhihang Stock A and Bodao Yuanhang Mixed A, holding 4.0187 million shares and 3.2192 million shares, respectively [8].

菱电电控原拟通过发行股份及支付现金的方式向北京兰之穹等27名交易对方购买其合计持有的奥易 克斯98.4260%股份。本次交易预计不构成重大资产重组，不构成关联交易，不构成重组上市。 自本次交易事项筹划以来，公司严格按照相关法律法规及规范性文件要求，积极组织交易各相关方 推进本次交易相关工作。鉴于本次交易涉及相关方较多，使得交易方案事项推进时间较长，综合考虑市 场环境较交易筹划初期已发生一定变化等因素，为切实维护公司和广大投资者利益，经公司董事会审慎 研究，决定终止本次发行股份及支付现金购买资产事项，并向上海证券交易所申请撤回本次交易相关申 请文件。 中国经济网北京2月2日讯 菱电电控(688667.SH)披露公告，公司于2026年1月30日召开第四届董事会 第八次会议，审议通过了《关于终止发行股份及支付现金购买资产事项并撤回申请文件的议案》，同意 公司终止发行股份及支付现金购买资产事项并撤回申请文件。 菱电电控于2021年3月12日在上海证券交易所科创板上市，发行数量为12,900,000股，发行价格为 75.42元/股，保荐人（主承销商）为长江证券承销保荐有限公司，保荐代表人为梁彬圣、郭忠杰。该股 目前处于 ...

Core Insights - The main focus of the news is the significant inflow of capital into various stocks, indicating strong investor interest and potential market trends. Group 1: Stock Performance and Capital Inflow - Zhongchao Holdings saw a capital inflow of 1.369 billion, with a price increase of 9.96% [1][2] - Xinyi Technology experienced a capital inflow of 838 million, with a price increase of 7.26% [1][2] - Western Materials had a capital inflow of 765 million, with a price increase of 9.99% [1][2] - Shenghong Technology attracted 731 million, with a price increase of 2.35% [1][2] - Liou Co. received 722 million, with a price increase of 7.3% [1][2] - Kweichow Moutai had a capital inflow of 576 million, with a price increase of 1.53% [1][2] - Luxshare Precision saw a capital inflow of 566 million, with a price increase of 1.84% [1][2] - Zhejiang Wenhu Interconnect attracted 551 million, with a price increase of 9.99% [1][2] - Shuangjie Electric received 522 million, with a price increase of 19.97% [1][2] - Yaowang Technology had a capital inflow of 496 million, with a price increase of 10% [1][2] - China Western Electric attracted 482 million, with a price increase of 8.97% [1][3] Group 2: Additional Stock Insights - Runze Technology saw a capital inflow of 464 million, with a price increase of 5.44% [3] - Baobian Electric attracted 454 million, with a price increase of 10.04% [3] - Zhongkong Technology had a capital inflow of 355 million, with a price increase of 4.01% [3] - Shanziko High-Tech received 342 million, with a price increase of 3% [3] - Huanghe Xuanfeng attracted 340 million, with a price increase of 10.08% [3] - Hancable saw a capital inflow of 332 million, with a price increase of 9.94% [3] - Midea Group had a capital inflow of 314 million, with a price increase of 0.46% [3] - Century Huayun attracted 310 million, with a price increase of 1.32% [3] - Industrial and Commercial Bank of China saw a capital inflow of 303 million, with a price increase of 0.97% [3]

2025年12月16日，渤海汽车召开第九届董事会第十六次会议，审议通过了《关于选举宋玮先生担任公司 董事长的议案》，一致同意选举宋玮为公司第九届董事会董事长。 瑞财经 刘治颖 1月29日，渤海汽车(SH600960)公告，预计2025年年度实现归属于上市公司股东的净利润 为1.55亿元到1.88亿元，与上年同期相比，实现扭亏为盈。预计2025年年度实现归属于上市公司股东扣 除非经常性损益后的净利润为-1.05亿元到-0.88亿元。 据瑞财社查阅，渤海汽车董事长宋玮是一名80后，上任仅一个半月。 宋玮，1981年11月出生，工程硕士，高级工程师、经济师，现任北京海纳川汽车部件股份有限公司党委 副书记、董事、总裁。宋玮拥有近二十年的汽车行业经验，自2007年起先后担任北京奔驰汽车有限公司 高级经理，北京汽车股份有限公司采购项目控制部部长，北京汽车集团越野车有限公司党委委员、副总 经理，北京汽车集团有限公司党委组织部副部长，北京汽车集团有限公司技术与产品管理部部长，北京 汽车股份有限公司党委副书记、董事、总裁等职务。 ...

2月2日，玲珑轮胎盘中下跌2.06%，截至13:39，报14.76元/股，成交2.01亿元，换手率0.92%，总市值 216.01亿元。 资金流向方面，主力资金净流出3719.27万元，特大单买入1539.22万元，占比7.65%，卖出2958.44万 元，占比14.70%；大单买入3214.04万元，占比15.97%，卖出5514.09万元，占比27.40%。 截至9月30日，玲珑轮胎股东户数8.75万，较上期减少7.74%；人均流通股16716股，较上期增加8.39%。 2025年1月-9月，玲珑轮胎实现营业收入181.61亿元，同比增长13.87%；归母净利润11.67亿元，同比减 少31.81%。 分红方面，玲珑轮胎A股上市后累计派现36.91亿元。近三年，累计派现14.02亿元。 机构持仓方面，截止2025年9月30日，玲珑轮胎十大流通股东中，南方中证500ETF（510500）位居第四 大流通股东，持股1066.85万股，相比上期减少22.30万股。香港中央结算有限公司位居第五大流通股 东，持股1058.05万股，相比上期减少322.81万股。工银创新动力股票（000893）位居第六大流通股东， ...

其中，苏州多年来一直在普通地级市位居第一。作为经济"最强地级市"，苏州市统计局2月2日公布2025 年苏州市经济运行情况显示，根据江苏省地区生产总值统一核算结果，2025年苏州市实现地区生产总值 27695.1亿元，按不变价格计算，比上年增长5.4%。 苏州近年来经济转型升级走在地级市前列，工业制造业十分发达。数据显示，2025年，苏州工业"压舱 石"作用凸显。全市工业对经济增长的贡献率达53.0%。规模以上工业总产值达4.9万亿元。前六大主导 行业实现产值32088.4亿元，比上年增长4.0%，对规模以上工业总产值增长贡献率达67.3%。 1月21日，江苏爱舍伦医疗科技集团股份有限公司在北京证券交易所上市，成为2026年江苏省及苏州市 首家新增A股上市公司。另外，数据统计显示，2025年A股共计116家企业首发上市，苏州企业数量多达 12家，相当于每10家新上市公司中就有1家来自苏州，超过一线城市，位居各城市第一位。 2026.02.02 本文字数：1812，阅读时长大约3分钟 作者 |第一财经 林靖 在直辖市、省会城市、计划单列市外，一些普通地级市的经济发展也十分强劲，在区域经济发展具有重 要的带动引领作 ...