华勤技术（ [Table_StockNameRptType] 603296） 公司点评 多元业务协同发力，业绩高速增长 | 投资评级：买入（维持） [Table_Rank] | | --- | | 报告日期： 2025-08-28 | [Table_BaseData] 收盘价（元） 96.06 近 12 个月最高/最低（元） 105.98/42.84 总股本（百万股） 1,016 流通股本（百万股） 571 流通股比例（%） 56.26 总市值（亿元） 976 流通市值（亿元） 549 [公司价格与沪深 Table_Chart] 300 走势比较 -14% 24% 61% 99% 136% 8/24 11/24 2/25 5/25 华勤技术 沪深300 [Table_Author] 分析师：陈耀波 执业证书号：S0010523060001 邮箱：chenyaobo@hazq.com 分析师：刘志来 执业证书号：S0010523120005 邮箱：liuzhilai@hazq.com [Table_CompanyReport] 相关报告 1.多元业务共助成长，25 年首季强势 开局 2025-04-25 2.2 ...

Core Viewpoint - Tongda Hongtai (02363) anticipates significant revenue growth and a turnaround from loss to profit for the six months ending June 30, 2025, primarily driven by new business initiatives and improved operational efficiency [1] Financial Performance - The company expects revenue of approximately HKD 50.206 million for the current period, compared to HKD 21.181 million in the same period of 2024, indicating a substantial increase [1] - Anticipated net profit for the current period is around HKD 5.204 million, a significant recovery from a net loss of HKD 23.674 million in 2024 [1] Business Strategy - The increase in revenue is mainly attributed to the launch of a new business involving robot vacuum cleaner shells, which has led to a rise in sales orders [1] - The expected turnaround from loss to profit is due to proactive optimization of business strategies and improved resource utilization to control costs, resulting in an overall improvement in gross profit margin [1] Other Factors - Reduction in impairment of properties, plants, and equipment has contributed positively to the financial outlook [1] - The appreciation of the Renminbi during the period is expected to lead to increased foreign exchange gains [1]

Group 1 - The 2025 New Wealth 500 list shows a total market value of 13.7 trillion yuan for the 500 entrepreneurs, an 11% increase year-on-year, with 341 individuals having a market value exceeding 10 billion yuan [1] - The number of entrepreneurs with assets exceeding 100 billion yuan increased from 15 to 22, a 50% rise, primarily benefiting from the recovery in valuations of leading private enterprises in AI, consumer electronics, and new energy vehicles [1] - In Shenzhen, 58 entrepreneurs made the list, with a total market value of 1.9 trillion yuan, reflecting a nearly 20% increase year-on-year [1][4] Group 2 - AI emerged as a dominant theme in the top ten of the wealth list, with ByteDance's founder Zhang Yiming becoming the richest for the first time with a holding valuation of 481.57 billion yuan [2] - The TMT sector saw a significant expansion, with 110 individuals listed, an increase of 22 from the previous year, and their total wealth reaching 3.34 trillion yuan, accounting for a quarter of the total wealth on the list [2] - The chip industry had 36 entrepreneurs listed, making up 7% of the total, driven by the rise of AI, which has revitalized sectors like smart driving and high-speed communication [3] Group 3 - The automotive sector, particularly new energy vehicles, showed remarkable performance, with at least six industry leaders linked to this growth [5] - BYD's founder Wang Chuanfu ranked second in Shenzhen with a holding value of 1.14514 trillion yuan, while the family of Wang Mingwang from Xinwangda saw a significant rise in ranking due to their energy storage and battery business [5] - The consumer sector is evolving, with traditional products being overshadowed by coffee, tea, and energy drinks, as seen with Dongpeng Beverage's Lin Muqin family ranking in the top ten in Shenzhen [5]

Core Viewpoint - Longqi Technology plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance its capital strength, competitiveness, and international brand image, while advancing its globalization strategy [1] Group 1: H-Share Issuance - Longqi Technology's board and supervisory board approved the proposal for issuing H-shares and listing on the Hong Kong Stock Exchange [1] - The issuance aims to meet the needs of the company's international business development and is subject to approval from relevant regulatory bodies [1] - The company is currently discussing the issuance with intermediary institutions, and specific details are yet to be determined [1] Group 2: Previous IPO Details - Longqi Technology was listed on the Shanghai Stock Exchange on March 1, 2024, with an issuance of 60 million shares, accounting for 12.90% of the total share capital post-issuance [2] - The issuance price was set at 26.00 yuan per share, raising a total of 156 million yuan, with a net amount of approximately 144.07 million yuan after expenses [2] - The funds raised are intended for various projects, including smart hardware manufacturing and operational capital [2] Group 3: Issuance Costs - The total issuance costs (excluding VAT) amounted to approximately 11.93 million yuan, with underwriting fees constituting about 8.38 million yuan [3]

2025 年 4 月 14 日，北京阿米奥机器人科技有限公司在完成种子轮融资后，依托领投方安克创新在消 费电子生产领域的工厂场景及机器人底层工具链协同能力，宣布与华南智能硬件制造领军企业东莞市迪 比科能源科技有限公司达成战略合作。双方将聚焦智能硬件 " 柔性智造 " 核心需求，以阿米奥自主研发 的工业级柔性具身机器人 AmigosBot 为载体，在智能硬件柔性制造场景中通过数据积累开展模型验证 与产品迭代，致力于打造可快速复制的海外智能工厂标杆方案。该合作旨在破解智能硬件制造业出海面 临的 " 高成本、低柔性、难管理 " 三大困局，在贸易保护主义抬头的当下，助力中国智造全球化突围。 ▍ 双向破题：当 " 出海焦虑 " 遇见 " 柔性革命 " 当前，全球贸易壁垒持续升级，智能硬件制造企业加速向东南亚、美洲等地建厂，但海外人工综合成本 飙升，存在技能培训周期长、文化背景差异大、多品类生产切换难等问题，严重制约产能稳定性与成本 控制。 迪比科能源科技作为华南地区智能硬件制造领军者，其新能源汽车电子、储能设备等产品远销 30 余 国，近年持续加码海外产能布局。然而，传统自动化设备难以适配其 " 小批量、多批次 " 的 ...