截至发稿，高洁累计任职时间5年2天，现任基金资产总规模130.9亿元，任职期间最佳基金回报 16.71%， 任职期间最差基金回报-0.92%。 刘赞累计任职时间3年19天，现任基金资产总规模11.45亿元，任职期间最佳基金回报73.92%， 任职期 间最差基金回报-2.92%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 12月2日，联德股份涨5.03%，截至发稿，报36.99元/股，成交7680.25万元，换手率0.89%，总市值88.99 亿元。 资料显示，杭州联德精密机械股份有限公司位于浙江省杭州经济技术开发区18号大街77号，成立日期 2001年2月12日，上市日期2021年3月1日，公司主营业务涉及从事高精度机械零部件以及精密型腔模产 品的研发、设计、生产和销售,提供从铸造到精加工的一站式服务。主营业务收入构成为：压缩机部件 54.59%，工程机械部件35.21%，其他10.21%。 从基金十大重仓股角度 数据显示，格林基金旗下1只基金重仓联德股份。格林鑫利 ...

Group 1 - The core viewpoint of the news is that Linde Co., Ltd. experienced a 5% increase in stock price, reaching 41.14 CNY per share, with a trading volume of 439 million CNY and a turnover rate of 4.61%, resulting in a total market capitalization of 9.898 billion CNY [1] - Linde Co., Ltd. is located in Hangzhou Economic and Technological Development Zone, established on February 12, 2001, and listed on March 1, 2021. The company specializes in the research, design, production, and sales of high-precision mechanical components and precision cavity molds, providing a one-stop service from casting to precision machining [1] - The main business revenue composition of Linde Co., Ltd. includes compressor components at 54.59%, engineering machinery components at 35.21%, and others at 10.21% [1] Group 2 - Among the top ten circulating shareholders of Linde Co., Ltd., a fund under Dongzheng Asset Management has entered the list, specifically the Oriental Red Hong Kong-Shenzhen Mixed Fund (002803), which acquired 2.232 million shares, accounting for 0.93% of the circulating shares. The estimated floating profit today is approximately 4.3747 million CNY [2] - The Oriental Red Hong Kong-Shenzhen Mixed Fund (002803) was established on July 11, 2016, with a latest scale of 2.477 billion CNY. Year-to-date returns are 46.14%, ranking 1356 out of 8219 in its category; the one-year return is 32.06%, ranking 1960 out of 8125; and since inception, the return is 129% [2]

Investment Rating - The report maintains a "Buy" rating for the company [2][9] Core Insights - The company reported a strong Q2 performance with a 37% year-on-year increase in net profit, driven by demand from data centers [5][6] - The company is positioned as a leader in the precision components segment for refrigeration compressor castings, with products being widely adopted in AI computing and data center temperature control systems [6] - The company is expanding its overseas operations, with a new factory in Mexico to meet North American demand and a marketing agency established in Japan [7] Financial Performance - For H1 2025, the company achieved revenue of 587 million yuan, a 1.53% increase year-on-year, and a net profit of 109 million yuan, up 11.66% [5] - The revenue breakdown for H1 2025 shows compressor components at 320 million yuan (down 6.4%), engineering machinery components at 206 million yuan (up 21.5%), and other components at 60 million yuan (down 8.8%) [6] - The gross margin improved by 1.67 percentage points to 36.84%, attributed to an increase in overseas revenue [6] Future Projections - Revenue forecasts for 2025-2027 are 1.232 billion yuan, 1.503 billion yuan, and 1.771 billion yuan, with year-on-year growth rates of 12.18%, 21.98%, and 17.81% respectively [8] - Projected net profits for the same period are 228 million yuan, 288 million yuan, and 354 million yuan, with growth rates of 21.38%, 26.76%, and 22.88% respectively [8]