截至6月30日，鸣志电器股东户数5.46万，较上期增加18.97%；人均流通股7678股，较上期减少 15.94%。2025年1月-6月，鸣志电器实现营业收入13.15亿元，同比增长3.92%；归母净利润2695.45万 元，同比减少32.66%。 今年以来鸣志电器已经2次登上龙虎榜，最近一次登上龙虎榜为2月21日。 资料显示，上海鸣志电器股份有限公司位于上海市闵行区闵北路88弄7号楼，成立日期1998年7月7日， 上市日期2017年5月9日，公司主营业务涉及专注于运动控制领域和智能电源领域核心技术及系统级解决 方案的研发和经营，核心业务围绕自动化和智能化领域有序外延扩张。主营业务收入构成为：控制电机 及其驱动系统类83.60%，贸易类产品8.39%，电源与照明系统控制类6.90%，设备状态管理系统类 1.07%，其他0.03%。 鸣志电器所属申万行业为：电力设备-电机Ⅱ-电机Ⅲ。所属概念板块包括：伺服系统、人形机器人、机 器人概念、太阳能、工业4.0等。 9月10日，鸣志电器盘中上涨2.15%，截至13:03，报69.80元/股，成交9.10亿元，换手率3.19%，总市值 292.38亿元。 资金流向方面， ...

据证券之星公开数据整理，近期鸣志电器（603728）发布2025年中报。截至本报告期末，公司营业总收 入13.15亿元，同比上升3.92%，归母净利润2695.45万元，同比下降32.66%。按单季度数据看，第二季 度营业总收入7.19亿元，同比上升9.56%，第二季度归母净利润1976.52万元，同比下降41.07%。本报告 期鸣志电器公司应收账款体量较大，当期应收账款占最新年报归母净利润比达773%。 本次财报公布的各项数据指标表现一般。其中，毛利率35.0%，同比减6.65%，净利率2.08%，同比减 34.95%，销售费用、管理费用、财务费用总计3.15亿元，三费占营收比23.94%，同比增8.09%，每股净 资产7.04元，同比增2.99%，每股经营性现金流0.12元，同比减49.51%，每股收益0.06元，同比减32.74% | 鸣志电器 最新财务摘要 | | --- | | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 12.65 Z | 13.15 Z | 3.92% | | 归母净利润(元) | ...

Core Viewpoint - Mingzhi Electric's operational difficulties over the past two years are laid bare in a detailed 68-page response to the Shanghai Stock Exchange inquiry, revealing significant declines in revenue and profit [1] Financial Performance - From 2023 to 2024, the company's operating revenue decreased from 2.543 billion to 2.416 billion yuan, while net profit attributable to shareholders plummeted from 140 million to 78 million yuan, marking a decline of over 40% for two consecutive years [2] - The relocation of the Shanghai production base and delays in four new projects are cited as the main reasons for this downturn, with the relocation process causing a direct revenue loss of 150 million yuan [2] - The underperformance of new projects in Vietnam and Taicang, including the stepper motor project, has resulted in low capacity utilization rates, with only 64,000 units sold out of a projected 4 million for 2024 [2] Business Structure Changes - The core business of control motors and their drive systems is projected to generate 1.959 billion yuan in revenue for 2024, a year-on-year decline of 5.45%, with the photovoltaic application sector experiencing a 60% drop [4] - The medical equipment business also saw a 10% decline, while the smart automotive and robotics sectors showed growth, with smart automotive revenue increasing by 35% and robotics business nearly doubling [4] Strategic and Regulatory Challenges - Regulatory scrutiny highlights a lack of strategic execution, particularly regarding the mismatch between production capacity and market demand [5] - The company faces challenges in justifying its revenue forecasts and addressing the contradictions in its business performance, such as the decline in trade agency business despite rising profit margins [5] - The upcoming increase in tariffs on exports from Vietnam to the U.S. in August 2025 may undermine the company's overseas cost advantages, further complicating its operational landscape [5]