证券代码：301413 证券简称：安培龙 础上，公司将制定科学合理的分红方案，保证投资者分享公司的发展成果。 问题 6：公司 2026 年是否会进行员工股权激励？ | 上市公司接待人员 | 董事长、总经理 | 邬若军 | 先生 | | --- | --- | --- | --- | | 姓名 | 董事、副总经理、董事会秘书 | 张延洪 | 先生 | | | 证券事务代表、投资者关系总监 | 彭碧泳 | 女士 | | | 问题 1：请介绍一下公司 MEMS 压力传感器经营情况。 | | | | | 回复：公司 压力传感器，其主要是在硅片上生成的微机电传感 MEMS | | | | | 器，采用半导体工艺将四个以上电阻集成在单晶硅或者扩散硅膜片上，形成 | | | | | 惠斯通电桥，制成硅压阻芯片。公司的 压力传感器主要应用于汽车 | MEMS | | | | 以及家电等领域。在汽车应用场景主要包括汽车车身及舒适系统（侧边气囊 | | | | | 压力传感器）、底盘及制动系统（空气悬架压力传感器、真空助力压力传感 | | | | | 器）、动力及传动系统（EGR 压差传感器、TMAP 进气 | 压差传感器、GP ...

Core Viewpoint - Shenzhen Amperelong Technology Co., Ltd. is actively engaging with institutional investors, discussing its performance outlook for 2025, developments in the robotics sector, collaborations in the electric vehicle market, and progress on refinancing initiatives [1]. Investor Activity Summary - The investor relations activities took place from January 6 to January 29, 2026, involving 15 institutions including Minsheng Securities, Huatai Asset, and Tianfeng Securities, through both in-person and online meetings [2]. Performance Outlook - The company anticipates a revenue growth of no less than 20% year-on-year for 2025, driven by five key factors: domestic demand for sensor substitution, increased demand in automotive and home appliance sectors, new project mass production, technological upgrades, and enhanced cost control [3]. Robotics Sector Development - In the robotics field, the company has established a comprehensive product line of force sensors and is currently advancing a project to increase production capacity by 500,000 units annually, utilizing advanced manufacturing techniques [4]. Electric Vehicle Market Penetration - The company has successfully broken through foreign technology barriers with its integrated temperature-pressure sensor, which is now being supplied in bulk to major clients like BYD and a well-known North American electric vehicle manufacturer [5]. Fundraising and Capacity Expansion - The company plans to raise up to 544.4 million yuan through a private placement to fund various projects, including the expansion of pressure sensor production and the development of MEMS sensor chips, with a specific investment of 57.9 million yuan allocated for MEMS chip research and industrialization [6][7].

Group 1: Investor Relations Activities - The company conducted specific investor research activities, including on-site visits and online meetings, with participation from various financial institutions such as Minsheng Securities and Huatai Asset [2] - The meetings took place between January 6 and January 29, 2026, primarily in the company meeting room and via Tencent Meeting [2] Group 2: Financial Performance and Future Outlook - The company expects a revenue growth of no less than 20% year-on-year for 2025, driven by factors such as domestic sensor replacement demand and new project advancements [3] - Key growth drivers include enhanced R&D investment, product quality improvement, and market expansion in various sectors [3] Group 3: Product Development and Market Expansion - The company has developed a diverse product matrix, including temperature sensors and various pressure sensors, and aims to expand its market share in the automotive and industrial control sectors [3] - In the robotics sector, the company is enhancing its force sensor product offerings and has initiated testing with multiple domestic robotics firms [3] Group 4: Fundraising and Project Financing - The company plans to raise up to CNY 54.44 million through a private placement of A-shares, with funds allocated for pressure sensor expansion and MEMS sensor chip development [5] - The MEMS sensor chip project has a total investment of CNY 57.90 million, with CNY 56.40 million sourced from the raised funds, aiming to produce over 500,000 pressure sensor chip modules annually [6]

华源证券研报指出，安培龙汽车传感拓展加速，人形机器人机遇将至。公司已形成热敏电阻及温度传感 器、压力传感器、氧传感器、力传感器四大类产品线，主要应用于汽车、家电、储能、机器人等领域。 公司力传感器同时具备金属应变片与MEMS硅基应变片+玻璃微熔两种不同技术路线，兼具可靠性、灵 敏度及规模化生产等优势，力传感器已送样多家国内机器人及关节模组厂商。公司汽车领域产品丰富， 包括热敏电阻及温度传感器、压力传感器、气体传感器、力传感器等，其中压力传感器构建了MEMS压 力传感器、陶瓷电容式压力传感器、玻璃微熔压力传感器为核心的产品矩阵体系，实现了低、中、高压 力量程全覆盖，系列产品性能已达到国际先进水平，对标森萨塔、德国博世等国际头部企业，大批量配 套供货北美知名新能源汽车客户、BYD、Stellantis、理想、小鹏、万里扬等重点客户。选取汉威科技、 日盈电子、福莱新材为可比公司，鉴于公司汽车业务持续高速增长，人形机器人业务增量潜力较大，首 次覆盖，给予"买入"评级。 ...

【天风电新】安培龙再再推荐：海内外订单落地在即-0127 力传感是难得的格局优高价值量高壁垒赛道。 格局好（真正对接上T的不到3家），高价值量（按照2万美金售价下单机ASP1.5W+），传感器类一般净利率 20%，芯片自制甚至能到30%，有望成长出大市值公司。 特斯拉早期力传感器多采用海外公司，因本身传感器龙头在海外，对中国供应链信任度一般 【天风电新】安培龙再再推荐：海内外订单落地在即-0127 T链： 按照短期有望落地的扭矩450*16+拉压力100*14= 8600元 100W台，40%份额 20%净利率 40X，值275亿。 国内链：XP落地在即，此外亦卡位ZY、赛力斯等，对标T链，给100亿。 特斯拉早期力传感器多采用海外公司，因本身传感器龙头在海外，对中国供应链信任度一般。 近些年汽车、储能端采购安培龙，对公司信任度不断加强，叠加量产在即，降本诉求大，我们认为国内公司突破T 链击球点已至。 公司温度、压力传感器起家，客户面向家电、汽车，配套基础使得公司具备力传感大批量量产能力。 此外，公司向上一步自研芯片，形成全产业链竞争力。 公司已做进特斯拉汽车、Robotaxi、储能项目，因产品佳，T逐步将海 ...

Group 1 - The humanoid robot industry is becoming a key indicator of a country's advanced manufacturing capabilities, with Chinese manufacturers accounting for 86.9% of global shipments, marking a shift from "catching up" to "leading" in manufacturing [1] - Blue Dot Touch's six-dimensional force sensors have achieved a domestic market share of over 70%, and joint force sensors have a market share of 95%, breaking the technological monopoly of foreign companies in high-end tactile perception [1] - The company is advancing the civilian application of aerospace technology and establishing a production base in Guangdong with a capacity of one million units, reinforcing the security of the industrial chain [1] Group 2 - Blue Dot Touch's core team has decades of experience in aerospace technology and has chosen a path of independent innovation to meet the civilian market's demand for "high precision, low cost, and fast response" [2] - The company has achieved significant technical breakthroughs, improving sensor accuracy to 0.1% FS and response frequency to 10 kHz while reducing size and weight by 80%-90%, enabling domestic robots to compete with international giants [2] - The new production base in Guangdong can produce 1 million joint force sensors and 200,000 six-dimensional force sensors annually, reflecting the efficiency of the Chinese supply chain and responding to the national call for "stabilizing and securing the supply chain" [3] Group 3 - Blue Dot Touch's force sensor technology is transforming production and living scenarios, enabling precise assembly in smart manufacturing, flexible therapy in medical rehabilitation, and improved household tasks [4] - The company has completed a C-round financing of over 100 million yuan and is initiating a global journey to export "Chinese touch" to international markets, transitioning from merely selling products to providing technology standards and global supply chain services [4] - The company emphasizes that core technology cannot be bought or begged for, but must be developed independently, aiming to support the development of strategic emerging industries in the humanoid robot sector, which is projected to be worth trillions [4]

Core Viewpoint - Shenzhen Anpeilong Technology Co., Ltd. plans to raise up to 544 million yuan through a private placement to expand production capacity, particularly in pressure sensors [1][4] Group 1: Fundraising and Investment Plans - The fundraising will primarily focus on capacity expansion, with 269 million yuan allocated to a pressure sensor expansion project aimed at increasing production capacity by 28 million units per year [1][4] - Additional investments include 69 million yuan for upgrading ceramic capacitive pressure sensor production lines, 60.4 million yuan for force sensor production line construction, and 56.4 million yuan for MEMS sensor chip R&D and industrialization [1][4] - 90 million yuan will be used to supplement working capital to alleviate operational funding pressure due to business expansion [1][4] Group 2: Financial Performance - For the first three quarters of 2025, the company reported revenue of 862 million yuan, a year-on-year increase of 30.27%, and a net profit attributable to shareholders of 73.1285 million yuan, up 17.20% year-on-year [1][4] - Despite high accounts receivable and inventory levels, the fundraising will help optimize the capital structure and reduce financial risks [1][4] Group 3: Market Trends and Strategic Fit - This private placement marks Anpeilong's first refinancing since its IPO, where it raised a net amount of 544 million yuan, with 49.7257 million yuan of the raised funds still unutilized [2][5] - The expansion strategy aligns with industry trends, as demand for high-precision sensors in automotive electronics and industrial automation is surging, with the Chinese pressure sensor market projected to reach 71.4 billion yuan in 2024 [6] - Emerging fields such as humanoid robots and low-altitude economy are also driving demand for various sensors and MEMS chips, presenting Anpeilong with opportunities for rapid growth [6]

Core Viewpoint - Anpei Long (301413.SZ) has announced a plan to issue shares to specific investors, aiming to raise up to 544.4 million yuan for various sensor-related projects and working capital [1][2]. Group 1: Share Issuance Details - The share issuance will target no more than 35 specific investors, including qualified institutional investors and individuals, with all subscriptions made in cash at the same price [1]. - The pricing benchmark for the shares will be set at no less than 80% of the average trading price over the 20 trading days prior to the issuance date [1]. - The total number of shares to be issued will not exceed 15 million, representing 30% of the company's total shares before the issuance [1]. Group 2: Fund Utilization - The total amount to be raised is capped at 544.4 million yuan, which will be allocated to several projects, including: - Expansion of pressure sensor production (26.86 million yuan) - Upgrading of ceramic capacitive pressure sensor production lines (6.9 million yuan) - Construction of force sensor production lines (6.04 million yuan) - R&D and industrialization of MEMS sensor chips (5.64 million yuan) - Supplementing working capital (9 million yuan) [2][3]. Group 3: Ownership and Control - As of the announcement date, the actual controllers of the company are Wu Ruojun and Li Li, who collectively control 40.296% of the shares. The share issuance will not change the control of the company [4]. - The company went public on December 18, 2023, with an issuance of 18,923,500 shares at a price of 33.25 yuan per share, raising a total of 62.92 million yuan [4]. Group 4: Financial Performance - For the third quarter of 2025, the company reported a revenue of 308.23 million yuan, a year-on-year increase of 23.39%, and a net profit attributable to shareholders of 30.99 million yuan, up 14.09% [6][8]. - For the year-to-date period, the company achieved a revenue of 862.10 million yuan, reflecting a growth of 30.27%, with a net profit of 62.40 million yuan, an increase of 17.20% [7][8].

Core Viewpoint - The company Ampelon plans to raise up to 544.4 million yuan through a private placement of shares to expand sensor production capacity, upgrade technology, and supplement working capital, aiming to strengthen its market competitiveness and seize industry opportunities [2][4]. Fundraising and Project Allocation - The total amount to be raised is capped at 544.4 million yuan, which will be allocated to five major projects after deducting related issuance costs [2][3]. - The pressure sensor expansion project will receive 268.6 million yuan, increasing production capacity by 28 million units, covering various types including ceramic capacitive, MEMS, and glass micro-melting sensors [2][3]. - The ceramic capacitive pressure sensor production line upgrade project will be allocated 69 million yuan to enhance automation and product precision [2][3]. - The force sensor production line construction project will receive 60.4 million yuan, adding an annual production capacity of 500,000 force sensors [2][3]. - The MEMS sensor chip R&D and industrialization project will be funded with 56.4 million yuan to develop multiple chip technologies [2][3]. - An additional 90 million yuan will be used to supplement working capital, alleviating operational funding pressure from business expansion [2][3]. Industry Context and Strategic Importance - The issuance aligns with industry trends, benefiting from national policy support, expansion of downstream applications, and promotion of domestic alternatives, leading to continuous market growth in the sensor industry [4]. - The rapid development of the embodied intelligent robotics industry presents significant opportunities for force sensors [4]. - The company aims to leverage its technological accumulation, quality control systems, and strong customer resources to enhance profitability and core competitiveness in key sectors such as automotive electronics and industrial automation [4]. - Post-issuance, the company's main business scope will remain unchanged, and there will be no change in control or impact on the distribution of shares among existing shareholders [4].

Group 1 - The company, Amperelong (301413.SZ), announced a plan to issue shares to specific investors, with a maximum of 35 participants [1] - The total number of shares to be issued will not exceed 15 million, calculated based on the total amount of funds raised divided by the issue price [1] - The issue price will be no less than 80% of the average trading price of the company's shares over the 20 trading days prior to the pricing benchmark [1] Group 2 - The total amount of funds to be raised is capped at 544 million yuan, which will be used for various projects including expansion of pressure sensor production, upgrading of ceramic capacitive pressure sensor production lines, construction of force sensor production lines, and R&D of MEMS sensor chips [1] - The net proceeds from the fundraising, after deducting related issuance costs, will be fully allocated to the aforementioned projects and to supplement working capital [1]