解码背后的深度陪跑者——金鼎资本。 来源 / 金鼎资本 2 0 2 5 年 末 ， 一 桩 发 生 在 科 技 产 业 链 的 并 购 案 ， 引 起 了 市 场 的 广 泛 关 注 ： 全 球 高 端 PCB 龙头企业鹏鼎控股宣布，已经通过"增资+转股"方式完成了对汽车传感器企业华阳科技 的控股收购，交易对价为3 . 5 7亿元。 （左一：华阳科技副董事长徐荣灿先生；左二：华阳科技董事长 & 总经理朱荣惠先生；中间：鹏鼎 控股总经理林益弘先生；右二：鹏鼎控股财务长萧得旺先生；右一：金鼎资本 创始合伙人何富昌 先生） 一方是市值千亿的产业巨擘，另一方是低调深耕、从未接受过外部融资的"专精特新"小 巨人。两者的结合，不仅被视为PCB龙头向汽车电子领域纵深发力的关键一步，也为华 阳这类技术型公司打开了一条借助产业资本实现跨越式发展的新路径。 然而，当外界将目光聚焦于交易双方的协同效应与未来前景时，一个隐于公告背后的关 键角色——金鼎资本，逐渐浮出水面。与承担"牵线搭桥"作用的普通财务顾问不同，金 鼎资本在此次交易中展现了一种更深度的介入模式，从标的发现、买卖双方对接，到交 易方案设计，直至最终落地，金鼎完成了一次 ...

Core Insights - Continental Group has successfully developed a new sensor technology that allows for direct measurement of the rotor temperature in electric vehicle permanent magnet synchronous motors, significantly improving measurement accuracy from a tolerance range of 15°C to just 3°C [1][3]. Group 1: Technology Development - The new rotor temperature sensor (eRTS) enhances measurement precision, which is crucial as the rotor can operate at extreme temperatures up to 150°C [3]. - Previously, rotor temperature was estimated based on data from stator temperature sensors, phase current measurements, and environmental variables, leading to a high tolerance range [3]. Group 2: Impact on Manufacturing - With the improved measurement accuracy, automotive manufacturers gain greater design flexibility for permanent magnet synchronous motors, allowing for a significant reduction in the use of expensive rare earth materials needed for thermal safety [3]. - The precise control over a narrower temperature tolerance range can enhance motor performance [3]. Group 3: Sensor Components - The eRTS consists of two independent components: a temperature sensing unit and a transducer unit [5]. - The temperature sensing unit is installed directly in the target area for accurate measurement, while the transducer unit, located externally, transmits temperature data via a dedicated communication interface [5]. - The technology employs piezo ultrasound for bidirectional wireless communication, enabling energy transfer and data transmission simultaneously [5]. Group 4: Strategic Direction - Continental Group's global head of passive safety and sensor division emphasized that the eRTS sensor technology reduces rare earth resource consumption and costs, outperforming existing solutions [5]. - The company plans to continue expanding its electric vehicle sensor product portfolio, reflecting its commitment to research and development in this area [5].