近日，金财互联（002530）发布2025年第三季度报告，显示公司业绩增长显著。前三季度，公司归母净 利润达5752.23万元，同比大幅增长1697.85%。尽管营业收入同比下降17.32%，为7.50亿元，但公司盈 利能力实现明显提升，销售净利率上升至10.28%，远高于上年同期的1.67%。这一变化主要得益于公司 集中资源发展核心主业，特别是在机器人领域的热处理装备及服务业务，成为推动增长的关键力量。 这份三季报的优异表现，验证了金财互联聚焦热处理主业的战略方向。面对机器人产业快速扩张和高端 制造升级的双重机遇，公司以核心技术为支撑，在机器人核心零部件热处理领域已取得实质性进展。未 来，随着技术不断升级和市场进一步拓展，其热处理业务有望持续打开增长空间，为公司业绩提供长期 动力。 在业务拓展方面，公司在机器人领域的热处理装备与商业热处理加工服务取得重要进展。热处理作为装 备制造业四大基础工艺之一，直接影响金属零部件的强度、硬度和疲劳寿命，是保障机器人核心部件质 量的关键环节。金财互联的相关产品与服务已成功应用于机器人核心零部件热处理环节，涉及导轨、丝 杆、轴承、RV减速器、行星减速器等关键部件，为机器人运 ...

完成非核心业务剥离后，金财互联正以技术优势为基础，以市场需求为导向，在千亿级热处理市场中稳 步前行。随着人形机器人等新兴产业的快速发展和高端装备制造的持续升级，这家兼具技术深度与市场 广度的行业龙头企业，有望实现业绩与价值的同步提升。 作为行业标杆企业，金财互联的技术实力在国内居于领先地位，不仅是热处理行业唯一同时荣获"国家 制造业单项冠军示范企业"和"国家科学技术进步二等奖"的企业，其子公司丰东热技术凭借可控气氛热 处理炉产品获得制造业单项冠军称号。公司研发的新型BBH系列预抽真空可控气氛渗碳淬火炉，通过 创新结构设计有效提升了渗碳质量和生产效率，体现了行业技术发展的前沿方向。截至2025年报告期， 公司已累计获得发明专利授权6项、实用新型专利20项，并在第30届世界热处理与表面工程大会上发表 13篇学术论文，技术实力得到国际同行认可。雄厚的技术积累支撑起广泛的客户网络，公司已与舍弗 勒、恩斯克（NSK）、斯凯孚（SKF）、恒立液压等国内外知名企业建立稳定合作，服务范围覆盖新能 源、机器人等多个高增长领域。 对于公司聚焦主业后的发展前景，专业机构持积极看法。甬兴证券在首次覆盖研究报告中指出，受益于 传统市场 ...

2025年7月27日，金财互联在接受特定对象调研时透露，公司热处理装备与商业热处理加工服务已全面 进入机器人核心零部件制造环节，覆盖导轨、丝杆、轴承、RV减速器、行星减速器等关键部件。这一 布局不仅体现了公司在热处理领域扎实的技术积累，也显示出其已在快速成长的机器人产业中占据有利 位置。 作为机器人核心零部件制造中不可或缺的环节，热处理工艺直接关系到零部件的精度、耐磨性能和使用 寿命。机器人在运行中，导轨负责实现高精度往复运动导向，丝杆需承受高负荷传动，RV减速器和行 星减速器则要在有限空间内完成高效动力传输，这些部件都离不开精密热处理工艺的支撑。以特斯拉人 形机器人中成本占比达23.4%的丝杠为例，其加工需依次完成表面感应淬火、调质处理等多道工序，硬 化层深度必须严格控制在1.5~2.0mm范围内——而金财互联的热处理技术已能稳定满足此类高难度工艺 要求。 凭借三十多年持续积累，金财互联已形成一整套适用于机器人零部件制造的热处理解决方案。其全资子 公司丰东热技术所推出的可控气氛氮化炉，能够实现氮势精密闭环控制，在满足机器人部件高精度氮化 需求的同时，显著降低气体消耗；而采用的日本IMS专利真空渗碳技术，则能 ...

Core Viewpoint - The company JinCai Huliang (002530.SZ) is establishing a joint venture to enhance its specialized heat treatment services in response to growing demand from the automotive and robotics parts industries in Jinan and surrounding areas [1] Group 1: Joint Venture Establishment - The joint venture will be formed in collaboration with Shanghai Dongrun Jibo Enterprise Management Partnership (Limited Partnership) [1] - The registered capital of the joint venture is proposed to be RMB 50 million, with JinCai Huliang's subsidiary Jiangsu Fengdong contributing RMB 30 million (60% stake) and Dongrun Jibo contributing RMB 20 million (40% stake) [1] Group 2: Business Focus and Goals - The joint venture aims to build multiple high-end intelligent heat treatment production lines [1] - The focus will be on serving specialized heat treatment needs for clients in the automotive parts, robotics parts, and new energy equipment sectors [1] - The initiative seeks to enhance the "Fengdong" brand's recognition and market share in Shandong province by expanding its customer base [1]

每经AI快讯，金财互联（SZ 002530，收盘价：11.2元）9月26日晚间发布公告称，公司第六届第十六次 董事会会议于2025年9月26日以现场及通讯表决相结合的方式召开。会议审议了《关于全资子公司对外 投资暨关联交易的议案》等文件。 2025年1至6月份，金财互联的营业收入构成为：热处理行业占比100.0%。 （记者 王晓波） 截至发稿，金财互联市值为87亿元。 每经头条（nbdtoutiao）——5年增长33倍，这类新险种卖爆了，身边很多人都需要，30多家险企蜂拥而 入⋯⋯ ...

（记者 曾健辉） 每经AI快讯，金财互联（SZ 002530，收盘价：11.7元）9月15日晚间发布公告称，公司第六届第十五次 董事会会议于2025年9月15日以现场及通讯表决相结合的方式召开。会议审议了《关于公司使用公积金 弥补亏损的议案》等文件。 每经头条（nbdtoutiao）——重大突破！中国这款新药，中美官方都认定有突破性疗效！世界肺癌大会 沸腾了 2025年1至6月份，金财互联的营业收入构成为：热处理行业占比100.0%。 截至发稿，金财互联市值为91亿元。 ...

Industry Overview - The heat treatment industry is experiencing new development opportunities driven by national strategies for manufacturing, transportation, and aerospace [2] - The industry is focusing on "green, intelligent, precise, and high-end" directions, integrating new information technology and artificial intelligence with heat treatment technology [2] - There is a continuous growth in demand for heat treatment of key basic components in sectors such as aerospace, defense, new energy equipment, automotive, and robotics, with a trend towards high-end development [2] Company Performance - In the first half of 2025, the company maintained stable overall operations, actively responding to national strategies and focusing on heat treatment business through industry chain integration [3] - The company has invested in Wuxi Fuaier to enhance its precision high-temperature alloy component supporting capabilities, thereby improving its core competitiveness [3] Application Areas - The company's heat treatment business is primarily applied in various sectors including automotive (both traditional and new energy vehicles), wind power, photovoltaics, robotics components, engineering machinery, aerospace, nuclear power, military, shipping, precision machinery, and agricultural machinery [4] Market Position - As of the end of 2024, the company has established 6 heat treatment equipment manufacturing enterprises and 16 commercial heat treatment processing service enterprises, leading the domestic mid-to-high-end heat treatment equipment market [5] - The company has the largest number of commercial heat treatment processing service outlets nationwide and participates in the formulation of multiple national and industry standards, ranking among the top in comprehensive strength in the domestic market [5] - Major clients include Schaeffler, NSK, SKF, THK, and several others across various industries [5] Robotics Sector - The company's heat treatment equipment and commercial processing services are applied in the production of core components for robots, such as guide rails, screws, bearings, RV reducers, and planetary reducers [6] - The investment in Wuxi Fuaier is a strategic move to consolidate heat treatment business and explore upstream and downstream integration within the industry chain [6] Financial Performance - In Q1 2025, the company reported a main revenue of 206 million yuan, a year-on-year decrease of 33.0%, while the net profit attributable to shareholders increased by 466.95% to approximately 13.65 million yuan [7] - The net profit after deducting non-recurring gains and losses rose significantly by 5522.47% to approximately 12.16 million yuan, with a debt ratio of 32.59% and a gross margin of 33.49% [7]

Group 1: Company Overview - The company operates in four main sectors: heat treatment equipment manufacturing, commercial heat treatment processing services, after-sales service for heat treatment equipment, and precision heat-resistant alloy casting [2] - The heat treatment equipment includes controlled atmosphere heat treatment, vacuum heat treatment, and induction heating equipment, serving industries such as automotive, wind power, engineering machinery, robotics, and aerospace [2] - The company has established 16 service outlets nationwide for commercial heat treatment processing, offering various services including carburizing, nitriding, and vacuum carburizing [2] Group 2: Industry Trends and Market Position - The heat treatment industry is experiencing growth driven by national strategies focusing on manufacturing, transportation, and aerospace, with a shift towards "green, intelligent, precise, and high-end" solutions [2] - The company holds a leading position in the domestic mid-to-high-end heat treatment equipment market, with the largest number of commercial heat treatment processing service outlets in the country [3] - Major clients include Schaeffler, NSK, SKF, and THK, among others, indicating a strong market presence [3] Group 3: Business Strategy and Developments - The company is enhancing its core competitiveness through industry chain integration, such as increasing investment in Wuxi Fuaier to strengthen its capabilities in precision high-temperature alloy components [3] - The investment in Wuxi Fuaier is part of a strategy to consolidate heat treatment operations and explore upstream and downstream integration, improving overall operational capacity [3] - The company aims to build a more complete industrial ecosystem in the heat treatment sector, aligning with its long-term development strategy [3]