焊接误差控制在0.02毫米、获得国家专利101项、6到8分钟完成一台集装箱生产、"圈粉"全国一线大牌 企业,建设5G工厂……作为一家从事焊接设备、切割设备的制造企业,山东水泊智能装备股份有限公司 (以下简称水泊智能)在焊割行业已深耕20余年。20多年里,水泊智能变革了传统焊接方式,推动着相关传 统制造行业由"制造"向"智造"迈进。 截至6月底,企业今年已完成营业收入1.2亿元,全年营收预计将达到3亿元,相比去年提升近1.5倍。 文/片 记者 陈丹 济宁报道 为机器人装上"眼睛" 其实,不只储能箱生产,水泊智能作为一家从事焊接设备、切割设备的制造企业,长期专注于成套自动化焊 装生产线及相关智能装备的研发、设计、生产、装配和销售,业务涵盖专用车、工程机械、船舶制造等 多个领域。其生产的设备在中集集团、中联重科、上海易普集等全国900余家企业广泛采用,并远销德 国、加拿大、俄罗斯、美国、巴西等60多个国家和地区。 这家位于鲁西南的县城企业,为何有如此魅力,吸引一众大牌客户,成为其忠实粉丝?水泊智能副总经理、 董事申伟表示,这源于企业在焊割领域的多年深耕。 自动识别并焊接相关点位 走进水泊智能生产车间,繁忙的景象映入 ...

Core Insights - The article highlights the rapid advancement and deep integration of industrial robots across various sectors in China, showcasing their evolution from simple machines to intelligent, collaborative systems capable of complex tasks [1][6][7] Group 1: Industry Growth and Market Trends - China's industrial robot market is experiencing significant growth, with a projected increase in the market size for six-axis industrial robots with a load capacity of 300 kg and above expected to grow tenfold from 2015 to 2025 [2][3] - In 2024, China's industrial robot production is anticipated to reach 556,400 units, representing a year-on-year growth of 14.2% [6] - In 2023, China accounted for 51% of the global installation of new industrial robots, with 276,000 units installed [6] Group 2: Technological Advancements - The development of high-load industrial robots is being driven by breakthroughs in core components such as reducers and servo motors, with companies like Midea achieving full localization of these parts [2][3] - The introduction of advanced technologies, including AI and collaborative robotics, is enhancing the precision and reliability of robots, enabling them to perform tasks with high accuracy [7][8] Group 3: Competitive Landscape - Domestic companies like Estun and Efort are making significant strides in the heavy-duty robot sector, with Estun launching a 700 kg industrial robot and Efort achieving mass sales of over 100 units of their latest model [3][5] - The shift towards domestic brands is evident, as companies like GAC chose Estun robots for their manufacturing processes, citing comparable quality to international brands at competitive prices [4] Group 4: Integration of AI and Robotics - The integration of AI into industrial robots is transforming their capabilities, allowing for enhanced decision-making and adaptability in various applications, such as precision assembly and logistics [7][8] - The collaboration between companies and AI technologies is expected to drive further innovations, leading to more flexible and efficient manufacturing processes [8][10]

维持增持。下调预 测2025-2026年EPS1.33/1.58元（原1.40/1.54元）增19.1/18.2%，预测2027 年EPS 为 1.80 元增14.1%。给予2025 年19 倍PE，上调目标价25.27 元。 2025 年Q1 新签订单增1.3%，钢结构产量增14.3%。焊接机器人已规模化投入使用，将不断通过智能化 改造提升产能利用率，提高产品质量，降低成本。 焊接机器人已规模化投入使用，不断提升产能利用率降低成本。(1)公司自主研发了"弧焊机器人控制系 统"并已应用于，现公司十大生产基地已规模化投入使用近2000 台轻巧焊接机器人和地轨式机器人焊接 工作站，公司已成立销售团队，目前也有少许对外销售。(2)公司将不断通过智能化改造提升产能利用 率，提高产品质量，降低成本。公司2024 年产能520 万吨增4.0%。(3)公司年报利润分配预案为每股派 发股利0.36 元(2023 年度每股派发股利0.52 元)，公司本年度的股利支付率将达到32.0%(2023 年度股利 支付率30.3%)，对应股息率为2.0%。 投资要点： 风险提示：宏观政策超预期紧缩，基建投资低于预期等。 2024 年净利 ...