（文章来源：证券日报） 证券日报网讯 1月13日，通达动力在互动平台回答投资者提问时表示，比亚迪是公司的重要客户之一， 公司目前为比亚迪提供的为新能源汽车驱动电机铁芯。公司会主动捕捉行业机遇，充分发挥技术与客户 资源优势，实现业务高质量发展。 ...

新能源汽车产业的爆发式增长，正深刻重塑全球汽车产业链的竞争格局。乘联会数据显示，2025年1-11月，新能 源乘用车零售销量达1147.2万辆，同比增长19.6%，11月渗透率高达59.3%，创历史新高，全年渗透率有望站稳 55%。数据印证了新能源汽车行业不仅展现出强大的生命力，更持续释放着充沛的增长动能。 在这条万亿级赛道上，核心零部件企业扮演着至关重要的角色，并实现了长足发展。江阴华新精密科技股份有限 公司（股票代码：603370，简称：华新精科）正是其中的佼佼者。公司专注于新能源汽车三电系统的精密零部件 制造，与比亚迪、宝马等整车巨头紧密合作，成功在新能源汽车驱动电机核心部件领域实现突围。 华新精科的成长轨迹，堪称中国精密制造企业深耕细分领域的典范。公司成立于2002年，早期以电气设备铁芯业 务为主，在持续拓展业务边界、积累了深厚的技术与客户资源后，于2016年精准切入新能源汽车赛道，成功实现 战略转型。如今，公司已构建起以新能源汽车驱动电机铁芯为核心，微特电机铁芯、电气设备铁芯、点火线圈铁 芯协同发展的多元化产品矩阵，客户网络覆盖国内外大型汽车零部件供应商、整车厂及电机制造商。 新能源汽车驱动电机铁芯 ...

Core Viewpoint - The company has production capabilities for servo motor cores and self-adhesive motor cores, currently supplying electric vehicle drive motor cores to BYD and maintaining a long-term partnership with GE in the motor core business [1] Group 1 - The company actively captures industry opportunities and leverages its technological and customer resource advantages [1] - The company aims to achieve high-quality business development [1]

Core Viewpoint - The collaboration between BYD and Huawei in the robotics sector focuses on building an embodied intelligence industry ecosystem, emphasizing technology iteration through supply chain division of labor [1] Group 1: Collaboration Details - BYD's approach involves a "hardware springboard + cloud brain" model, concentrating on algorithm optimization and scene implementation [1] - Huawei aims to enhance ecosystem integration and standard formulation within the partnership [1] Group 2: Company Relationships - BYD is identified as a significant customer for the companies involved, with a specific mention of the servo motor iron cores produced by the company being extensively used in BYD's robotic drive motors [1] - Tongda Power (002576.SZ) confirmed its capability for large-scale production of servo motor iron cores, although it currently supplies iron cores for BYD's electric vehicle drive motors [1]

Core Viewpoint - The company has the capability for large-scale production of servo motor cores, currently supplying electric motor cores for new energy vehicles to BYD [1] Group 1 - The company expresses gratitude for suggestions and indicates a proactive approach to capturing industry opportunities [1] - The company aims to leverage its technological and customer resource advantages to achieve high-quality business development [1]

Core Insights - Longsheng Technology (隆盛科技) has shown steady growth in its operating performance, with significant increases in revenue and net profit for the first three quarters of 2025 [1][2] Financial Performance - For the first three quarters of 2025, Longsheng Technology achieved revenue of 1.81 billion yuan, a year-on-year increase of 10.13%, and a net profit attributable to shareholders of 210 million yuan, reflecting a growth of 36.89% [2] - In Q3 2025, the company reported a net profit of 106 million yuan, marking a remarkable year-on-year increase of 109.83%, setting a new record for quarterly profit [2] - The net cash flow from operating activities for the first three quarters of 2025 was 148 million yuan, up 15.46% year-on-year [3] Asset Growth - Longsheng Technology's total assets have grown significantly, increasing approximately 7.66 times from 462 million yuan at the end of 2017 to 4.21 billion yuan by the end of September 2025 [1][5] - The company's revenue has also seen substantial growth, rising from 150 million yuan in 2017 to 2.397 billion yuan in 2024, representing an increase of about 15 times [5] Business Expansion - The company has developed a business matrix centered on EGR systems, electric vehicle drive motor cores, and precision automotive components, while also exploring emerging fields such as aerospace precision manufacturing and humanoid robotics [1][8] - Longsheng Technology has made strategic acquisitions, including the purchase of Weiyan Precision in 2018, which has helped extend its presence in both traditional and new energy vehicle component markets [6][7] Research and Development - Longsheng Technology has consistently increased its R&D expenditures, which rose from 29.96 million yuan in 2020 to 92.86 million yuan in 2024, with a 6.45% increase to 68.34 million yuan in the first three quarters of 2025 [8] - The company holds approximately 400 valid patents and 13 software copyrights as of June 2025, reflecting its commitment to innovation [9]

Core Viewpoint - The company, Huaxin Jingke (603370.SH), emphasizes that precision stamping iron cores are its core products, which include various applications in the new energy vehicle sector and other industries [1] Product Overview - The main products of the company consist of precision stamping iron cores, specifically for new energy vehicle drive motors, micro-special motors, electrical equipment, ignition coils, and other types of iron cores [1] - Micro-special motor iron cores can be applied in aerospace and nuclear power fields, although the company has not yet entered the nuclear power industry [1]

Core Viewpoint - The company, Huaxin Precision Technology (603370.SH), emphasizes that precision stamping iron cores are its core products, which include various applications in the new energy vehicle sector and other industries [1] Group 1 - The main products of the company include iron cores for new energy vehicle drive motors, micro-special motors, electrical equipment, ignition coils, and other types of iron cores [1] - The micro-special motor iron cores can be applied in aerospace and nuclear power fields, although the company has not yet entered the nuclear power industry [1]

Group 1 - Core viewpoint: Huaxin Precision Technology successfully listed on the Shanghai Stock Exchange, raising 814 million yuan through the issuance of 43.73 million shares at a price of 18.6 yuan per share, with a closing price of 69.30 yuan per share, reflecting a rise of over 272.58% and a market capitalization exceeding 12.1 billion yuan [1] - The company is the third A-share listed company in Wuxi this year, contributing to a total of 125 A-share listed companies in Wuxi, ranking seventh nationwide [1] - Huaxin Precision Technology specializes in precision stamping, with its main products being precision stamping cores, including those for new energy vehicle drive motors, micro motors, electrical equipment, and ignition coils, holding 80 authorized patents [1] Group 2 - The company has established long-term stable partnerships with numerous well-known domestic and international automotive parts manufacturers and electric equipment manufacturers, including Valeo, Delta Electronics, Bosch Group, and BYD [2] - In 2024, the company achieved operating revenue of 1.421 billion yuan and a net profit of 150 million yuan [3] - The company aims to focus on "precision manufacturing" and new energy vehicle core components, increasing investment in technology research and development, and deepening global customer cooperation to become a leading provider of precision stamping and core component solutions [3]

Core Viewpoint - Jiangyin Huaxin Precision Technology Co., Ltd. (Huaxin Precision) has successfully listed on the Shanghai Stock Exchange, marking it as the 16th company to go public on the main board this year [1] Company Overview - The company's stock was issued at a price of 18.60 yuan per share, opening at 65.00 yuan, representing a 249.46% increase on the first day, and closing at 69.30 yuan, a total increase of 272.58%, with a market capitalization exceeding 12.1 billion yuan [3][4] - Huaxin Precision specializes in precision stamping technology, focusing on the research, production, and sales of precision stamping products [6] Product and Market Position - The core products include precision stamping iron cores, which are categorized into various types such as electric motor cores for new energy vehicles, micro-motor cores, electrical equipment cores, and ignition coil cores [7] - Major clients include well-known automotive parts manufacturers and OEMs such as BYD, BMW Group, ZF, Bosch Group, and Huichuan Technology [7] Financial Performance - The company reported revenues of 1.192 billion yuan, 1.189 billion yuan, and 1.421 billion yuan for the years 2022 to 2024, respectively, with net profits of 114 million yuan, 156 million yuan, and 150 million yuan during the same period [7] - The comprehensive gross profit margins were 16.89%, 21.86%, and 20.43% for the years 2022 to 2024 [7] Future Prospects - The company has a strong order backlog, with projected demand for new energy vehicle drive motor cores reaching 10.182 billion yuan by the end of 2024 [7] - Huaxin Precision plans to invest 814 million yuan raised from the IPO into projects for expanding production capacity for new energy vehicle drive motor cores and establishing a precision stamping and mold R&D center [8] Innovation and Intellectual Property - As of June 2025, the company holds 80 authorized invention and utility model patents and has been recognized as a national-level "little giant" enterprise specializing in innovation [8]