近年来大洋电机经营业绩表现稳健。2024年及2025年前三季度，该公司分别实现营业收入121.13亿元、 91.8亿元，同比增长7.31%、3.81%；归母净利润8.88亿元、8.45亿元，同比增长40.82%、25.95%。 该公司表示，本次对外投资资金来源为公司自有资金。公司在确保现金流安全及主营业务稳健发展的基 础上，借助产业基金管理人在机器人领域的专业研判能力、高效的管理运作机制以及广泛的资源网络， 积极拓展投资视野，开辟多元投资渠道。本次对外投资将有助于公司进一步实现产业协同，完善公司在 机器人产业链的战略布局，强化与机器人行业优质企业的战略合作关系，提升公司的综合竞争实力与风 险抵御能力，为公司的长远发展和持续壮大奠定坚实基础。 11月25日晚间大洋电机（002249）公告，为进一步深化产业协同，借助专业机构的能力与资源优势，在 立足主业的同时适度进行新兴产业股权投资，以提升公司对新兴产业的洞察力，推进产业与资本的有效 融合，公司于当日与北京上河动量私募基金管理有限公司（下称"上河动量""普通合伙人"）及其他有限 合伙人签署了《嘉兴智陆尚谷股权投资合伙企业（有限合伙）合伙协议》。嘉兴智陆尚谷股权投 ...

证券日报网讯大洋电机11月25日在互动平台回答投资者提问时表示，公司作为国内技术与规模领先的新 能源汽车动力总成系统独立供应商，与国内外众多车厂均建立了良好的合作关系，如长安、东风、北 汽、奇瑞、广汽、小鹏、上汽通用五菱、雷诺、塔塔、现代等（以上排名不分先后）。公司目前暂无产 品应用于华为尊界S800上。公司将依托自身优势资源，积极开拓更多业务机会。 （文章来源：证券日报） ...

格隆汇11月25日丨大洋电机(002249.SZ)在投资者互动平台表示，公司作为国内技术与规模领先的新能 源汽车动力总成系统独立供应商，与国内外众多车厂均建立了良好的合作关系，如长安、东风、北汽、 奇瑞、广汽、小鹏、上汽通用五菱、雷诺、塔塔、现代等（以上排名不分先后）。公司目前暂无产品应 用于华为尊界S800上。公司将依托自身优势资源，积极开拓更多业务机会。 ...

大洋电机（002249.SZ）11月25日在投资者互动平台表示，公司作为国内技术与规模领先的新能源汽车 动力总成系统独立供应商，与国内外众多车厂均建立了良好的合作关系，如长安、东风、北汽、奇瑞、 广汽、小鹏、上汽通用五菱、雷诺、塔塔、现代等（以上排名不分先后）。公司目前暂无产品应用于华 为尊界S800上。公司将依托自身优势资源，积极开拓更多业务机会。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：大洋电机除了为华为尊界S800提供了驱动电机及电控 系统以外，还为其他品牌供货吗？客户反馈如何？ ...

Core Viewpoint - The company, Dayang Motor (002249), confirmed that it is not currently supplying powertrain systems for new energy vehicles to BYD (002594) but remains open to collaborations with all new energy vehicle manufacturers [1] Group 1 - Dayang Motor is a leading independent supplier of powertrain systems for new energy vehicles in China [1] - The company maintains the possibility of cooperation with all new energy vehicle manufacturers [1]

Core Viewpoint - The company, United Power (301656), announced on October 16 that it will supply powertrain systems for electric vehicles to several well-known automakers, including Li Auto, Xiaomi, GAC, and Chery, by the first half of 2025 [1] Group 1 - The company is set to engage with multiple prominent automotive manufacturers for the supply of electric vehicle powertrains [1]

Core Viewpoint - The company aims to become a leading supplier in the motor and drive control sector, with a projected CAGR of 71% for net profit from 2020 to 2024 [1] Financial Performance - The company's revenue and net profit CAGR from 2020 to 2024 are expected to be 11.72% and 71.14%, respectively [1] - In the first half of 2025, the company reported revenue of 6.241 billion yuan, a year-on-year increase of 7.66%, and a net profit of 602 million yuan, a year-on-year increase of 34.41% [1] Business Expansion - The company is enhancing its global business and capacity layout, with domestic policies expected to stimulate appliance sales and overseas demand driving growth [1] - The revenue from the building and furniture motor segment in the first half of 2025 was 3.806 billion yuan, a year-on-year increase of 10.28% [1] Industry Demand - The company's new energy vehicle (NEV) business is benefiting from industry demand, with domestic NEV sales reaching 6.937 million units in the first half of 2025, a year-on-year increase of 40.3% [2] - The revenue from the NEV powertrain system business in the first half of 2025 was 725 million yuan, a year-on-year increase of 5.73%, with a gross margin of 19.09%, up 8.70 percentage points [2] Strategic Initiatives - The company is proactively developing humanoid robots and hydrogen energy businesses, having established a project team for humanoid robot motors and signed a cooperation agreement with Tongji University [3] - The company is also investing in key components for solid oxide fuel cells (SOFC), with a projected global market size of 4.054 billion USD by 2030 and a CAGR of 36.8% from 2024 to 2030 [3] Investment Outlook - The company's strategic planning extends from traditional motor businesses to NEV powertrain systems, with steady growth in performance [4] - Projected revenues for 2025-2027 are 13.225 billion, 15.008 billion, and 16.934 billion yuan, with year-on-year growth rates of 9.2%, 13.5%, and 12.8% respectively [4] - The projected net profits for the same period are 1.179 billion, 1.399 billion, and 1.677 billion yuan, with year-on-year growth rates of 32.9%, 18.7%, and 19.8% respectively [4] - The company is expected to have a favorable growth outlook, with a first-time "buy" rating based on its growth potential [4]

Core Viewpoint - The company, Dayang Electric (002249.SZ), is advancing its plans for an IPO in Hong Kong to accelerate its internationalization and overseas business development [1][2]. Group 1: Company Overview - Dayang Electric is a leading supplier of efficient motors and electric drive systems in China, aiming to become a premier provider of green and environmentally friendly solutions in the global motor and drive control system market [1]. - The company has established a strategic focus on overseas markets, with expectations that by the first half of 2025, overseas sales will account for 47.7% of total revenue [1][3]. Group 2: Financial Performance - From 2021 to 2024, Dayang Electric has shown consistent growth in both operating revenue and net profit attributable to shareholders, with the first half of 2025 reporting operating revenue of 6.241 billion yuan and a net profit of 602 million yuan, representing year-on-year increases of 7.66% and 34.41% respectively [1][5]. - In 2024, the company achieved record highs in both operating revenue and net profit, with figures of 12.113 billion yuan and 888 million yuan, reflecting year-on-year growth of 7.31% and 40.82% respectively [5]. Group 3: Market Position and Product Segmentation - According to Frost & Sullivan, Dayang Electric ranks second globally among third-party HVAC electric drive solution suppliers and first in China and North America [3]. - The company has diversified its business from traditional home appliances to the automotive and hydrogen energy sectors, with products spanning building ventilation, electric motors for home appliances, fuel vehicle rotating electrical equipment, and new energy vehicle powertrain systems [5]. Group 4: Research and Development - Dayang Electric has significantly increased its R&D investment, with expenditures from 2022 to the first half of 2025 amounting to 4.28 billion yuan, 4.93 billion yuan, 5.35 billion yuan, and 3.03 billion yuan, representing 3.9%, 4.4%, 4.4%, and 4.9% of revenue respectively [6]. - The company has accumulated a substantial portfolio of intellectual property, with 4,427 patent applications filed as of June 30, 2025, including 3,387 granted patents [6]. Group 5: Stock Market Performance - Dayang Electric's stock has shown strong performance, with a price increase of 9.97% to 11.69 yuan per share on September 23, 2025, and an overall year-to-date increase exceeding 100%, resulting in a total market capitalization of 28.55 billion yuan [7].

股票简称：联合动力 股票代码：301656 苏州汇川联合动力系统股份有限公司 Suzhou Inovance Automotive Co., Ltd. （苏州市吴中区越溪天鹅荡路 52 号） 首次公开发行股票并在创业板上市 之 上市公告书 保荐人（主承销商） （中国（上海）自由贸易试验区商城路618号） 二〇二五年九月 苏州汇川联合动力系统股份有限公司 上市公告书 特别提示 苏州汇川联合动力系统股份有限公司（以下简称"联合动力"、"发行人"、 "公司"或"本公司"）股票将于 2025 年 9 月 25 日在深圳证券交易所创业板上市。 创业板公司具有业绩不稳定、经营风险高、退市风险高等特点，投资者面 临较大的市场风险。投资者应充分了解创业板市场的投资风险及本公司所披露 的风险因素，审慎做出投资决定。 本公司提醒投资者应充分了解股票市场风险及本公司披露的风险因素，在 新股上市初期切忌盲目跟风"炒新"，应当审慎决策、理性投资。 如无特别说明，本上市公告书中的简称或名词的释义与本公司首次公开发 行股票并在创业板上市招股说明书中的相同。 本上市公告书中若出现总计数与所列数值总和不符的情形，均为四舍五入 所致。 1 苏州 ...

Core Viewpoint - 大洋电机 has submitted a listing application to the Hong Kong Stock Exchange, with Citigroup and Huatai International as joint sponsors [1] Company Overview - The company specializes in the design, manufacturing, and sales of motors and drive control systems [1] - According to Frost & Sullivan, 大洋电机 ranks among the global leaders in HVAC electric drive solutions and starter motors, holding a leading position in both the Chinese and North American markets [1] - In terms of sales revenue from powertrain systems for new energy vehicles in 2024, the company ranks fifth among third-party suppliers in China [1] International Business Expansion - The company demonstrates strong capabilities in overseas business expansion, with the highest proportion of overseas sales revenue among third-party suppliers in China for 2024 [1] - As of June 30, 2025, the company operates 15 production bases globally, with 6 located overseas in the United States, the United Kingdom, Vietnam, Thailand, Mexico, and India [1]