来源：全景财经 并在北交所上市网上路演 股票代码：920100 本活动于2025年8月25日（星期一）14:00-16:00在全景路演举行，欢迎广大投资者踊跃参与！ 东北证券 保荐代表人 张兴云 东北证券 保荐代表人 程继光 公司简介 公司成立于 2002 年，是一家专注于控制类电机研发、制造与销售的高新技术企业，主营步进电机、伺服电机、无刷电机及配套产品，其产品具有体积 小、功率密度大、绿色节能的特点。 参与嘉宾 三协电机 董事长、总经理 盛祎 三协电机 董事、财务总监 薛小丽 三协电机 董事会秘书 江翔 公司注重电机新技术与新产品的研发革新，积累了丰富的电磁、机械仿真技术与工艺自动化经验，打造完善的工艺数据库，通过技术创新实现产品差异 化。导入 IATF16949 质量体系，规范设计和制造过程，实现各环节有效管控。秉承精益制造理念，应用 SAP 管理系统，推进 "三化一稳定"（管理 IT 化、生产自动化、人员专业化、关键岗位人员稳定），持续技术与工艺革新，构筑核心竞争力。公司能精确分析计算电机磁路与结构，满足设计要求，且 拥有全套测试实验设备，通过国家 CNAS 实验室认证。 在光伏太阳能领域，研发设计" ...

以下文章来源于投资界 ，作者刘博 投资界 . 清科创业旗下创业与投资资讯平台 创业父女档。 作者：刘博 来源：投资界 赴港上市络绎不绝。 投资界获悉，卧龙电驱近日正式向港交所递交招股书，计划在港股挂牌，实现"A+H"双重上 市。 而与众多二代的成长路径相似，陈嫣妮也是从海外学成归来，2007年进入集团工作，历练多 年后从父亲手中接班。 这里插播一条课程资讯： 报名 「吴世春·泸州出行活动」 ，9月21号-23号 ， 吴世春将亲自带队 100家企业家 ， 去四 川泸州线下游学 ， 探 访 下沉创新 ， 寻找增长新引擎。 你 在 创业路上遇到的问题和想法 ， 都可以找吴老师聊聊 。 如果你是 优质的项目，吴老师 也会果断投 你。 下半年 ， 吴老师预计要投出去的金额，应该不小于 15个亿。 （翻到底部了解详情） 扫码咨询报名 01 父女联手，缔造市值500亿 这是一个浙商白手起家的故事。 值得一提的是，卧龙电驱A股股价年内至今已翻倍，最新市值500.97亿元。 来自浙江绍兴的卧龙电驱，背后站着一对父女——陈建成、陈嫣妮。1984年，陈建成从一间 山村里的旧厂房起步，一路带领卧龙电驱成为国内电机龙头。 1959年出 ...

根据目前的发行安排，下周有2只新股申购，沪市主板、北交所各有1只。 日程安排上，周一（8月25日）可申购沪市主板新股华新精科，周二（8月26日）可申购北交所新股三协电机。 | | 下周新股申购安排 | | | | | --- | --- | --- | --- | --- | | 日期 | 新股 | 发行价/股 | 发行市盈率 | 上市板 | | 周一 (8月25日) | 华新精科 (申购代码: 732370) | 18.60元 | 21.68 | 沪市主板 | | 間二 (8月26日) | 三协电机 (申购代码: 920100) | 8.83元 | 11.86 | 北交所 | 华新精科是新能源汽车驱动电机铁芯国产龙头厂商。 华新精科的发行价为18.60元/股，发行市盈率为21.68倍，参考行业市盈率为21.8倍。公司本次公开发行股票数量为4373.75万股，网上发行申购上限 为13500股，顶格申购需配沪市市值13.5万元。 三协电机是国内控制类电机领域的领先企业。 三协电机的发行价为8.83元/股，发行市盈率为11.86倍。 招股书显示，三协电机成立于2002年，是一家研发、制造并销售控制类电机的高新技术 ...

Financial Performance - The company reported a total revenue of 129 million yuan for the first half of 2025, an increase of 6.94% year-on-year [1] - The net profit attributable to shareholders was 37.48 million yuan, a decrease of 13.0% compared to the previous year [1] - The gross margin was 43.51%, down 2.17% year-on-year, while the net margin decreased by 18.39% to 28.61% [1] - The total accounts receivable reached 116 million yuan, representing 122.93% of the net profit, indicating a significant receivables issue [1][4] - Operating cash flow per share increased by 88.16% to 0.4 yuan, while earnings per share decreased by 14.29% to 0.48 yuan [1] Expense Analysis - Total sales, management, and financial expenses amounted to 942.98 million yuan, accounting for 7.29% of revenue, a significant increase of 176.09% year-on-year [1] - Sales expenses rose by 76.55% due to increased travel and exhibition costs [3] - Management expenses increased by 32.68%, attributed to higher travel costs and share-based payment expenses [3] - Research and development expenses grew by 55.95%, reflecting increased personnel costs and share-based payments [3] Asset and Liability Changes - Cash and cash equivalents increased significantly, with a net increase of 613.21% due to improved cash flow from operating and investing activities [3] - Other receivables increased by 170.78% due to an increase in petty cash [2] - Long-term prepaid expenses decreased by 91.58% due to reduced office renovation costs [2] - The company has a healthy cash position, indicating strong liquidity [4] Market and Business Outlook - The company expects growth in solar motor revenue, although a slight decline in gross margin is anticipated [4] - The company is focusing on maintaining its non-standard customization approach while transitioning towards standardization in product offerings [5] - The company has a robust order backlog, particularly in the energy storage motor segment, benefiting from growth in the power industry [7] - The company is actively exploring investment opportunities beyond robotics, maintaining a cautious yet open approach [6]

转自：证券时报 人民财讯8月23日电，据"佳电文化"消息，近日，佳电股份全资子公司苏州佳电永磁电机科技有限公司 自主研发的TYPKK系列高效率高压变频调速永磁式三相同步电动机，经中国质量认证中心（CQC）认 证，率先通过新版国家标准GB 30253-2024《永磁同步电动机能效限定值及能效等级》新1级能效认证， 成为全国首家具备高压永磁同步电动机272个规格产品新1级能效认证设计制造能力的企业。 ...

Core Viewpoint - Wolong Electric Drive has submitted its prospectus to the Hong Kong Stock Exchange for a dual listing, aiming to capitalize on its recent stock price surge and significant market presence [2][14]. Group 1: Company Background - Wolong Electric Drive, founded by Chen Jiancheng in 1984, has grown from a small factory in Shaoxing, Zhejiang, to a leading domestic electric motor manufacturer, achieving a market capitalization of approximately 50.1 billion RMB [3][6]. - The company underwent a transformation from a collective enterprise to a private company and successfully went public on the Shanghai Stock Exchange in 2002 [7]. - Chen Jiancheng's daughter, Chen Yanni, joined the company in 2007 after gaining experience in international finance, and she has since taken on significant leadership roles within the company [4][13]. Group 2: Financial Performance - Wolong Electric Drive's revenue for 2022, 2023, and 2024 is projected to be 14.27 billion RMB, 15.57 billion RMB, and 16.25 billion RMB, respectively, with corresponding profits of 839 million RMB, 553 million RMB, and 832 million RMB [17][20]. - The company has seen its stock price double in the current year, reflecting strong market confidence [14]. - The core business segments, including explosion-proof, industrial, and HVAC electric drive systems, account for nearly 90% of the company's revenue, although growth in these areas has shown signs of slowing down [18][19]. Group 3: Strategic Initiatives - Wolong Electric Drive is expanding into the robotics sector, with revenue from its robotics components business projected to grow from 355 million RMB in 2022 to 451 million RMB in 2024 [21]. - The company has made strategic investments in emerging fields, particularly in electric aviation and robotics, indicating a focus on diversifying its revenue streams [22]. - Wolong Electric Drive has also engaged in acquisitions of international brands and companies to enhance its market position and technological capabilities [12].

前景很美好，但"卧龙系"正经历调整的阵痛。近日"卧龙系"两家上市公司卧龙电驱（600580.SH）和卧 龙新能（600173.SH）发布半年报，业绩亦喜亦忧，卧龙电驱营业收入同比微增0.66%，净利润却增长 36.76%，卧龙新能营收同比增长36.38%，净利润却同比下滑20.48%。这显现了"卧龙系"泛而不精的后 遗症。 过去很长时间以来，"卧龙系"最擅长的事情是收购，这是"赚快钱"和扩大版图的极佳方式，但卖出也是 其常规操作。辗转腾挪之间，公司业绩和财务也受到影响。 8月20日卧龙电驱方面在回复《华夏时报》记者采访时表示："2025年上半年，为进一步聚焦电机以及驱 控主业，集中资源做优做强，推动业务全面升级，优化财务结构，提升资产运营效率，提高上市公司质 量及长期发展，公司出售子公司导致合并报表范围变更，剔除此原因影响后，营业收入增幅为 3.78%。" 并购来的商业帝国 本报记者 李未来 北京报道 8月中旬，绍兴富豪陈建成参加了浙江省民营经济人士理想信念报告会，作为"卧龙系"公司的掌舵人， 他为卧龙描绘了三个方向：把公司做强；发展新赛道；开拓海外市场。 卧龙电驱的产品主要是各类电机，应用于工业、暖通、新能 ...

2025 年半年度报告全文 哈尔滨电气集团佳木斯电机股份有限公司 哈尔滨电气集团佳木斯电机股份有限公司 2025 年半年度报告全文 哈尔滨电气集团佳木斯电机股份有限公司 2025 年半年度报告全文 哈尔滨电气集团佳木斯电机股份有限公司 哈尔滨电气集团佳木斯电机股份有限公司 2025 年半年度报告全文 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 公司负责人刘清勇、主管会计工作负责人韩思蒂及会计机构负责人(会计 主管人员)刘洋声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 本年度报告中有关经营计划、经营目标等前瞻性陈述并不代表公司对 一定的不确定性，不构成公司对广大投资者的实质承诺，投资者及相关人士 应当对此保持足够的风险认识，并且应当理解计划、预测和承诺之间的差异。 敬请广大投资者注意投资风险。 公司在本报告第三节："管理层讨论与分析"之十中的"公司面临的风 险和应对措施"部分，描述了公司经营中可能存在的风险及应对措施，敬请 广大投资者注意阅读。 ...

证券代码：000922 证券简称：佳电股份 公告编号：2025-066 哈尔滨电气集团佳木斯电机股份有限公司 第十届董事会第四次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误导性 陈述或者重大遗漏。 一、董事会会议召开情况 哈尔滨电气集团佳木斯电机股份有限公司（以下简称"公司"）第十届董事 会第四次会议于 2025 年 8 月 12 日以电子邮件、微信的形式发出会议通知，于 议 2 人），实际表决董事 8 名。会议由副董事长李泰岭先生主持，会议的召集、 召开和表决程序符合《公司法》及《公司章程》的规定。公司监事、高管列席了 本次会议。经与会董事认真审议，形成董事会决议如下： 二、董事会会议审议情况 经与会董事认真审议，以记名投票表决方式，通过如下决议： 经与会董事认真讨论，确认公司《2025 年半年度报告全文》及《2025 年半 年度报告摘要》内容全面客观地反映了公司 2025 年上半年的生产经营情况，财 务数据真实准确。具体内容详见同日在巨潮资讯网（www.cninfo.com.cn）上披 露的《2025 年半年度报告全文》及《2025 年半年度报告摘要》（公告编号： ...

Core Viewpoint - Wolong Electric Drive has submitted its prospectus to the Hong Kong Stock Exchange for a dual listing, aiming to capitalize on its recent stock price surge and significant market valuation of nearly 50 billion RMB [1][5]. Company Background - Founded by Chen Jiancheng in 1984, Wolong Electric Drive has grown from a small factory in Shaoxing, Zhejiang, to a leading domestic electric motor manufacturer, with a current market capitalization of approximately 50 billion RMB [1][2]. - The company transitioned from a collective enterprise to a private one and successfully went public on the Shanghai Stock Exchange in 2002 [3]. Leadership Transition - Chen Jiancheng's daughter, Chen Yanni, returned to the family business in 2007 after gaining experience in international finance, and has since taken on significant leadership roles within the company [3][5]. - The father-daughter duo holds approximately 38.84% of the company's shares, making them the controlling shareholders [5]. Business Operations - Wolong Electric Drive specializes in electric drive systems and solutions, focusing on five core segments: explosion-proof systems, industrial systems, HVAC systems, new energy transportation systems, and robotics [6][8]. - The company ranks first in the global market for explosion-proof electric drive systems with a market share of about 4.5% [8]. Financial Performance - The company's revenue for 2022 was approximately 14.27 billion RMB, with projected revenues of 15.57 billion RMB for 2023 and 16.25 billion RMB for 2024 [8][9]. - Profit figures for the same years were 839 million RMB, 553 million RMB, and 832 million RMB, respectively [9]. Strategic Focus - Wolong Electric Drive is shifting its focus towards the robotics sector, with revenue from robotics components projected to grow from 355 million RMB in 2022 to 451 million RMB in 2024 [10]. - The company aims to enhance investments in emerging fields, particularly electric aviation and robotics components, as part of its growth strategy [10].