证券日报网讯 1月6日，百达精工在互动平台回答投资者提问时表示，公司主要从事各类压缩机零部 件、汽车零部件的研发、制造和销售业务，目前暂未涉及液冷领域的业务。 （文章来源：证券日报） ...

格隆汇1月6日丨百达精工(603331.SH)在投资者互动平台表示，公司主要从事各类压缩机零部件、汽车 零部件的研发、制造和销售业务，目前暂未涉及液冷领域的业务。 ...

每经AI快讯，有投资者在投资者互动平台提问：请问公司有涉及液冷领域的业务吗？主要是做液冷哪 方面的部件？ 百达精工（603331.SH）1月6日在投资者互动平台表示，公司主要从事各类压缩机零部件、汽车零部件 的研发、制造和销售业务，目前暂未涉及液冷领域的业务。 （记者 王晓波） ...

12月25日，百达精工涨5.41%，截至发稿，报13.25元/股，成交3875.32万元，换手率1.47%，总市值 26.79亿元。百达精工股价已经连续5天上涨，区间累计涨幅12.03%。 郭志腾累计任职时间2年20天，现任基金资产总规模10.71亿元，任职期间最佳基金回报165.32%， 任职 期间最差基金回报20.7%。 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。 责任编辑：小浪快报 资料显示，浙江百达精工股份有限公司位于浙江省台州市台州湾新区海城路2399号，成立日期2000年8 月7日，上市日期2017年7月5日，公司主营业务涉及压缩机零部件和汽车零部件的开发、生产与销售。 主营业务收入构成为：压缩机零部件55.37%，汽车零部件41.44%，其他(补充)2.23%，其他0.96%。 建信灵活配置混合A（000270）基金经理为叶乐天、郭志腾。 截至发稿，叶乐天累计任职时间13年283天，现任基金资产总规模74.64亿元，任职期间最佳基金回报 328.03%， ...

Core Viewpoint - Nantong Technology (920124.BJ) has been listed on the Beijing Stock Exchange, focusing on the R&D, production, and sales of precision mechanical components, primarily for compressors and automotive parts [1][4]. Group 1: Company Overview - Nantong Technology has received multiple honors, including being recognized as a specialized and innovative small and medium-sized enterprise in Guangdong Province and a national high-tech enterprise [1]. - The company has established a comprehensive production system that includes mold design, melting and casting, and precision processing, enabling rapid production and delivery of customized precision mechanical components [4]. Group 2: Financial Performance - The company achieved revenues of 834 million yuan, 938 million yuan, and 1.031 billion yuan for the years 2022, 2023, and 2024, respectively, with net profits of 47 million yuan, 84 million yuan, and 98 million yuan [4]. - In the first half of 2025, Nantong Technology reported revenues of 573 million yuan and a net profit of 67 million yuan [4]. - The company's market share in the compressor component market is estimated at 13.28%, indicating a competitive position within the industry [4]. Group 3: Client Relationships - Nantong Technology has established stable long-term partnerships with well-known companies such as Midea Group, Gree Electric, Haier, and Panasonic, receiving multiple awards for excellence in supply [4]. - In the first half of the year, sales to Midea Group and Gree Electric accounted for over 80% of the company's total revenue [4]. Group 4: Risks - The company faces risks related to a single product structure, as the majority of revenue and profit comes from sales to compressor manufacturers [5]. - Although Nantong Technology has the capability to produce for other downstream applications, these products have not yet gained significant market share [5].

Core Viewpoint - Nantong Technology (920124.BJ) has successfully listed on the Beijing Stock Exchange, focusing on the research, production, and sales of precision mechanical components, particularly for compressors and automotive parts [1][4]. Company Overview - Nantong Technology has established a comprehensive production system for high-performance precision mechanical components, covering mold design, melting, casting, and precision processing [4]. - The company has received multiple honors, including being recognized as a "National High-tech Enterprise" and a "Specialized and Innovative Small and Medium-sized Enterprise" in Guangdong Province [1][4]. Financial Performance - The company reported revenues of 834 million yuan, 938 million yuan, and 1.031 billion yuan for the years 2022, 2023, and 2024, respectively, with net profits of 47 million yuan, 84 million yuan, and 98 million yuan [4]. - In the first half of 2025, Nantong Technology achieved a revenue of 573 million yuan and a net profit of 67 million yuan [4]. - The company's market share in the compressor component market is estimated at 13.28%, indicating a competitive position within the industry [4]. Client Relationships - Nantong Technology has established stable long-term partnerships with well-known companies such as Midea Group, Gree Electric, and Panasonic, receiving multiple awards for excellence in supply [4]. - Sales to Midea Group and Gree Electric accounted for over 80% of the company's total revenue in the first half of the year [4]. Risks - The company faces risks related to a single product structure, as a significant portion of revenue and profit is derived from sales to compressor manufacturers [5]. - Although Nantong Technology has the capability to produce components for other downstream applications, these products have not yet gained substantial market share [5].

Core Insights - The company achieved a revenue of 1.006 billion yuan in Q3 2025, representing a year-on-year growth of 17.43%, and a net profit attributable to shareholders of 115 million yuan, up 4.77% year-on-year [1] Group 1: Business Performance - The business structure continues to optimize with multi-sector collaboration, where precision components have become the growth engine, and the automotive parts business is accelerating [2] - The precision components business generated 1.56 billion yuan in revenue in the first half of the year, significantly contributing to the company's growth [2] - The automotive parts business is expanding rapidly, with strategic cooperation with Huayu Automotive and new capacity ramping up [2] - The engineering machinery parts business is stable, focusing on customer development and cost reduction through innovative processes [2] Group 2: Market Expansion - The company benefits from the recovery in domestic home appliance and automotive industries, as well as the trend of "industrial going out" [3] - Overseas revenue reached 224 million yuan in the first half of the year, with a 30.4% year-on-year increase in rotor compressor exports [3] - Domestic demand remains resilient, with significant year-on-year increases in production for white goods and automotive sectors [3] Group 3: R&D and New Business Development - The company is focusing on technology upgrades and new business layouts, particularly in the robotics sector, which aligns with industry trends towards automation [4] - R&D expenses amounted to 64.95 million yuan in the first half of the year, indicating a strong foundation for technological advancement [4] - The robotics business is progressing with a strategy of "main business synergy + major customer follow-up," and plans to establish an industrial fund for further investment [4] Group 4: Financial Forecast - Revenue projections for 2025-2027 are 4.713 billion, 5.505 billion, and 6.363 billion yuan, with corresponding EPS of 1.11, 1.31, and 1.53 yuan [5] - The current stock price corresponds to a PE ratio of 16.3, 13.8, and 11.8 for the years 2025, 2026, and 2027 respectively, maintaining a "buy" investment rating [5]

Core Viewpoint - Nantong Technology (920124.BJ) is set to be available for subscription on the Beijing Stock Exchange, focusing on the research, production, and sales of precision mechanical components, primarily for compressors and automotive parts [1] Group 1: Company Overview - Nantong Technology has received multiple honors, including being recognized as a specialized and innovative small and medium-sized enterprise in Guangdong Province and a national high-tech enterprise [1] - The company has established a comprehensive production system for high-performance precision mechanical components, capable of rapid production and delivery to meet diverse customer needs [4] Group 2: Financial Performance - From 2022 to 2024, Nantong Technology achieved revenues of 834 million yuan, 938 million yuan, and 1.031 billion yuan, with net profits of 47 million yuan, 84 million yuan, and 98 million yuan respectively [4] - In the first half of 2025, the company reported revenues of 573 million yuan and a net profit of 67 million yuan [4] Group 3: Market Position - Nantong Technology holds a 13.28% market share in the compressor component market, indicating a competitive advantage within the industry [4] - The company has established stable long-term partnerships with well-known enterprises such as Midea Group, Gree Electric, and Panasonic, receiving multiple supplier awards [4] Group 4: Investment Direction - The company plans to invest 2.47 billion yuan (86.47%) in the Anhui Zhongte high-end precision parts production base phase II project and 390 million yuan (13.53%) in the expansion and R&D capabilities of Zhuhai Nantong Machinery [3] Group 5: Risks - Nantong Technology faces risks related to a single product structure, as a significant portion of its revenue and profit is derived from sales to compressor manufacturers [5] - Although the company has the capability to produce for other downstream applications, these products have not yet gained substantial market share [5]

Core Viewpoint - Nantong Technology (920124.BJ) is set to be available for subscription on the Beijing Stock Exchange, focusing on the research, production, and sales of precision mechanical components, particularly for compressors and automotive parts [1] Group 1: Company Overview - Nantong Technology has established a comprehensive production system centered on high-performance precision mechanical components, covering mold design, melting, casting, and precision processing [5] - The company has received multiple honors, including being recognized as a "National High-tech Enterprise" and a "Specialized and Innovative Small and Medium-sized Enterprise" in Guangdong Province [1] Group 2: Financial Performance - The company achieved revenues of 834 million yuan, 938 million yuan, and 1.031 billion yuan from 2022 to 2024, with net profits of 47 million yuan, 84 million yuan, and 98 million yuan respectively [5] - In the first half of 2025, Nantong Technology reported revenues of 573 million yuan and net profits of 67 million yuan [5] Group 3: Market Position - Nantong Technology holds a market share of 13.28% in the compressor component market, indicating a competitive advantage within the industry [5] - The company has established stable long-term partnerships with well-known enterprises such as Midea Group, Gree Electric, and Panasonic, contributing to over 80% of total revenue from sales to Midea and Gree in the first half of the year [5] Group 4: Risks - The company faces risks related to a single product structure, as its revenue and profits are primarily derived from sales to compressor manufacturers [6] - Although Nantong Technology has the capability to produce components for other downstream applications, these products have not yet gained significant market share [6]

Investment Rating - The report maintains a "Buy" investment rating for the company [6] Core Insights - The overall performance in Q3 is in line with expectations, with revenue for the first three quarters of 2025 reaching 2,983 million yuan, a year-on-year increase of 7%, and a net profit attributable to the parent company of 406 million yuan, up 19% year-on-year [6] - The company is expected to achieve net profits of 603 million yuan, 708 million yuan, and 812 million yuan for the years 2025, 2026, and 2027 respectively, reflecting growth rates of 28%, 17%, and 15% [6] - The company has established a solid competitive barrier due to its deep accumulation in precision manufacturing, excellent cost control capabilities, and forward-looking global layout [6] Financial Data and Profit Forecast - Total revenue for 2025 is projected at 4,720 million yuan, with a year-on-year growth rate of 23.3% [5] - The gross profit margin is expected to improve from 22.3% in Q1-3 2025 to 23.4% in 2025E [5] - The return on equity (ROE) is forecasted to be 17.6% in 2025, increasing to 18.6% by 2027 [5] Business Segment Analysis - The compressor parts business is closely tied to the white goods compressor industry, with a slowdown in growth expected due to reduced production rates in the third quarter [6] - The automotive parts business is seeing improvement due to strategic cooperation with Huayu Automotive, with a year-on-year growth in automotive sales of 12.9% [6] - The engineering machinery business is under pressure due to inventory destocking and fluctuating European demand, but the company is actively seeking new clients [6]