证券日报网讯海能实业（300787）9月18日发布公告，在公司回答调研者提问时表示，公司传统的优势 产品信号线束、信号适配器和电源适配器在上半年都实现了份额提升；公司较新的产品如清洁机器人、 智能安防产品以及储能系统，在2024年度实现量产之后订单稳定增长，为公司上半年的收入和利润带来 了新的增量。 ...

证券代码：300787 证券简称：海能实业 债券代码：123193 债券简称：海能转债 安福县海能实业股份有限公司 投资者关系活动记录表 编号：2025-004 | | ☐ 特定对象调研 ☐ 分析师会议 | | --- | --- | | | ☐ 媒体采访 ☐ 业绩说明会 | | 投资者关系活动类别 | 新闻发布会 路演活动 ☐ ☐ | | | 现场参观 | | | 其他 理性投资伴我行 走进上市公司活动 | | 参与单位名称及人员姓名 | 参加中信建投证券组织的 "理性投资伴我行 走进上市公司活动" | | | 的个人投资者11人，中信建投证券专员5人 | | 时间 | 2025年9月18日 (周四) 上午09:30-11:30 | | 地点 | 江西省吉安市安福县工业园 | | 上市公司接待人员姓名 | 董事、董事会秘书 韩双；证券事务专员 殷倩雯 | | 投资者关系活动主要内容 | 一、投资者参观了部分车间和产品展厅 | | 介绍 | | | | 二、投资者提出的主要问题及公司回复情况 | | | 问题一，海能今年上半年业绩增长60%主要是哪些产品在增加收入？ | | | 回复：公司传统的优势产品信 ...

Group 1 - The company reported a revenue of 1.505 billion yuan for the first half of 2025, representing a year-on-year increase of 60.48% [1] - The net profit attributable to shareholders reached 77.1763 million yuan, up 131.96% year-on-year, while the net profit after deducting non-recurring gains and losses was 56.7795 million yuan, reflecting an 86.24% increase [1] - The net cash flow from operating activities was 111 million yuan, showing a growth of 92.36% compared to the previous year [1] Group 2 - The company specializes in customized design and production of consumer electronics and the research, production, and sales of new energy products, with a focus on signal transmission products and energy storage solutions [2] - The consumer electronics industry is currently experiencing a recovery phase combined with an innovation cycle, which is expected to drive performance growth for related companies [2] - The gross margin for electronic products was 24.39%, while the gross margin for new energy products was 15.01% [2] Group 3 - The company invested 102 million yuan in research and development in the first half of 2025, accounting for 6.75% of its revenue, maintaining a high proportion of R&D investment [3] - Continuous R&D investment ensures the vitality of the company's R&D system, which is crucial for maintaining market competitiveness [3] - The company has developed a comprehensive range of signal products, including various types of signal converters and matrix products, showcasing its technical development capabilities [3] Group 4 - In the power product sector, the company has leading R&D and manufacturing capabilities, offering a series of products including PC power supplies, wall chargers, and mobile power sources [4] - The company has optimized its production processes and combined automation equipment to enhance production efficiency and flexibility [4] - The company has established production bases in multiple locations, including Jiangxi and Guangdong provinces, as well as Vietnam, which strengthens its advantages in supply efficiency and cost control [4]

Investment Rating - The report indicates a strong growth potential for the humanoid robot harness industry, with a projected market size increase from 340 million RMB in 2025 to 8.16 billion RMB by 2029, reflecting a compound annual growth rate (CAGR) of 121.34% [42][45]. Core Insights - The humanoid robot harness industry is characterized by high performance requirements, surpassing those of industrial robot harnesses but slightly below automotive-grade harnesses. The industry is expected to evolve towards smart, high-performance, lightweight integration, and biomimetic designs [4][37]. - The market growth is driven by global robotics policies, technological advancements in China, and the expansion of application scenarios for humanoid robots [4][45]. Industry Definition - Humanoid robot harnesses consist of a collection of wires and cables connecting various robot components, essential for power transmission, signal control, and data communication, likened to the "blood vessels" and "nervous system" of robots [5][4]. Product Classification - Humanoid robot harnesses are categorized into flexible and rigid cables, as well as power and signal harnesses. Specialized harnesses include liquid cooling harnesses and unique signal harnesses to meet specific operational needs [6][9][12]. Industry Characteristics - The industry features high barriers to entry in terms of capital, technology, and customer relationships, with a trend towards intelligent, high-performance, lightweight, and biomimetic developments [15][16][19]. Development History - The humanoid robot harness has evolved through several stages, from basic external wiring in the early years to the current stage of intelligent reconfigurable and biomimetic designs [21][24]. Industry Chain Analysis - The upstream of the humanoid robot harness industry includes raw materials such as wires, insulation materials, and connectors, while the midstream consists of harness manufacturers, predominantly overseas suppliers for major humanoid robot companies [25][30]. Market Size and Growth - The humanoid robot harness market is expected to grow significantly, driven by supportive government policies, technological breakthroughs, and increasing market demand due to aging populations and rising labor costs [42][45][46]. Competitive Landscape - The competitive landscape is dominated by international giants like Amphenol and Sumitomo Electric, with emerging Chinese companies like Luxshare Precision and Wuxi Xinhongye gaining traction [50][52]. Company Overview - Luxshare Precision Industrial Co., Ltd. reported a revenue of 16 billion RMB with a year-on-year growth of 7.3% and a gross margin of 11.8% [55].