截至6月30日，中大力德股东户数5.68万，较上期增加8.67%；人均流通股3459股，较上期增加19.63%。 2025年1月-6月，中大力德实现营业收入5.16亿元，同比增长2.08%；归母净利润4637.15万元，同比增长 6.50%。 分红方面，中大力德A股上市后累计派现1.60亿元。近三年，累计派现6198.02万元。 机构持仓方面，截止2025年6月30日，中大力德十大流通股东中，鹏华碳中和主题混合A（016530）位 居第三大流通股东，持股441.96万股，相比上期减少254.55万股。华夏中证机器人ETF（562500）位居 第四大流通股东，持股263.57万股，相比上期增加96.12万股。香港中央结算有限公司位居第七大流通股 东，持股212.32万股，相比上期增加4.82万股。天弘中证机器人ETF（159770）位居第九大流通股东， 持股106.93万股，为新进股东。中航趋势领航混合发起A（021489）位居第十大流通股东，持股92.21万 股，为新进股东。永赢先进制造智选混合发起A（018124）、前海开源嘉鑫混合A（001765）退出十大 流通股东之列。 责任编辑：小浪快报 今年以来中大 ...

Core Viewpoint - The stock of Ningbo Zhongdali Intelligent Transmission Co., Ltd. has shown significant volatility, with a year-to-date increase of 212.82% but a recent decline in the last five and twenty trading days [1] Group 1: Company Overview - Ningbo Zhongdali Intelligent Transmission Co., Ltd. was established on August 28, 2006, and went public on August 29, 2017 [2] - The company specializes in the research, production, sales, and service of key components in the mechanical transmission and control application fields [2] - The main revenue sources are: intelligent execution units (38.49%), reduction motors (37.00%), precision reducers (22.41%), and others (1.30%) [2] Group 2: Financial Performance - For the first half of 2025, the company achieved operating revenue of 516 million yuan, a year-on-year increase of 2.08%, and a net profit attributable to shareholders of 46.37 million yuan, up 6.50% year-on-year [2] - The company has distributed a total of 160 million yuan in dividends since its A-share listing, with 61.98 million yuan distributed in the last three years [3] Group 3: Shareholder Structure - As of June 30, 2025, the number of shareholders increased to 56,800, up 8.67% from the previous period [2] - The top ten circulating shareholders include notable funds such as Penghua Carbon Neutral Theme Mixed A and Huaxia CSI Robot ETF, with changes in their holdings noted [3]

Core Viewpoint - The stock of Ningbo Zhongdali Intelligent Transmission Co., Ltd. has shown significant performance, with a year-to-date increase of 230.47% and a market capitalization of 19.059 billion yuan as of September 30 [1][2]. Financial Performance - For the first half of 2025, the company achieved operating revenue of 516 million yuan, representing a year-on-year growth of 2.08%, and a net profit attributable to shareholders of 46.3715 million yuan, up 6.50% year-on-year [2]. - The company has distributed a total of 160 million yuan in dividends since its A-share listing, with 61.9802 million yuan distributed over the past three years [3]. Stock Market Activity - As of September 30, the stock price was 96.98 yuan per share, with a trading volume of 737 million yuan and a turnover rate of 3.90% [1]. - The stock has appeared on the "龙虎榜" (a list of stocks with significant trading activity) 17 times this year, with the most recent appearance on September 15, where it recorded a net purchase of 311 million yuan [1]. Shareholder Structure - As of June 30, 2025, the number of shareholders increased to 56,800, with an average of 3,459 circulating shares per person, reflecting a 19.63% increase from the previous period [2]. - Notable changes in institutional holdings include a decrease in shares held by Penghua Carbon Neutral Theme Mixed A and an increase in shares held by Huaxia CSI Robot ETF [3].

Group 1 - The stock price of Zhongda Lide increased by 2.00% on September 24, reaching 98.36 CNY per share, with a trading volume of 868 million CNY and a turnover rate of 4.56%, resulting in a total market capitalization of 19.33 billion CNY [1] - Year-to-date, Zhongda Lide's stock price has risen by 235.17%, with a recent decline of 6.74% over the past five trading days, a 4.65% increase over the past 20 days, and a 76.46% increase over the past 60 days [1] - The company has appeared on the "Dragon and Tiger List" 17 times this year, with the most recent appearance on September 15, where it recorded a net purchase of 311 million CNY [1] Group 2 - Zhongda Lide, established on August 28, 2006, and listed on August 29, 2017, is located in Ningbo, Zhejiang Province, and specializes in the research, production, sales, and service of key components in mechanical transmission and control applications [2] - The company's main revenue sources are intelligent execution units (38.49%), reduction motors (37.00%), precision reducers (22.41%), and other components (1.30%) [2] - As of June 30, 2025, Zhongda Lide had 56,800 shareholders, an increase of 8.67%, with an average of 3,459 circulating shares per person, up by 19.63% [2] Group 3 - As of June 30, 2025, the top ten circulating shareholders of Zhongda Lide include Penghua Carbon Neutral Theme Mixed A, holding 4.42 million shares, and Huaxia CSI Robot ETF, holding 2.64 million shares, with notable changes in their holdings [3] - New entrants among the top ten shareholders include Tianhong CSI Robot ETF, holding 1.07 million shares, and AVIC Trend Navigation Mixed Initiated A, holding 922,100 shares [3]

9月18日，中大力德盘中上涨2.09%，截至10:50，报107.67元/股，成交16.20亿元，换手率7.81%，总市 值211.60亿元。 中大力德所属申万行业为：机械设备-通用设备-金属制品。所属概念板块包括：减速器、智慧物流、快 递概念、工程机械、人形机器人等。 截至6月30日，中大力德股东户数5.68万，较上期增加8.67%；人均流通股3459股，较上期增加19.63%。 2025年1月-6月，中大力德实现营业收入5.16亿元，同比增长2.08%；归母净利润4637.15万元，同比增长 6.50%。 分红方面，中大力德A股上市后累计派现1.60亿元。近三年，累计派现6198.02万元。 机构持仓方面，截止2025年6月30日，中大力德十大流通股东中，鹏华碳中和主题混合A（016530）位 居第三大流通股东，持股441.96万股，相比上期减少254.55万股。华夏中证机器人ETF（562500）位居 第四大流通股东，持股263.57万股，相比上期增加96.12万股。香港中央结算有限公司位居第七大流通股 东，持股212.32万股，相比上期增加4.82万股。天弘中证机器人ETF（159770）位居第九大流 ...

Company Overview - Ningbo Zhongdali Intelligent Transmission Co., Ltd. is located in Cixi City, Ningbo, Zhejiang Province, established on August 28, 2006, and listed on August 29, 2017. The company specializes in the research, production, sales, and service of key components in the mechanical transmission and control application fields [1]. Business Performance - As of September 2, Zhongdali's stock price increased by 5.38%, reaching 96.79 CNY per share, with a trading volume of 1.894 billion CNY and a turnover rate of 10.47%, resulting in a total market capitalization of 19.021 billion CNY [1]. - The company's main business revenue composition is as follows: intelligent execution units 38.49%, reduction motors 37.00%, precision reducers 22.41%, others (supplementary) 1.30%, and accessories 0.80% [1]. Fund Holdings - According to data from the top ten heavy stocks of funds, one fund under Baoying Fund has a significant holding in Zhongdali. Baoying Ruifeng Innovation Mixed A/B (000794) increased its holdings by 43,200 shares in the second quarter, holding a total of 82,800 shares, accounting for 5.58% of the fund's net value, making it the second-largest heavy stock [2]. - The fund has a current scale of 31.9362 million CNY and has achieved a return of 16.8% this year, ranking 4651 out of 8184 in its category. Over the past year, it has returned 42.81%, ranking 3260 out of 7971, and since its inception, it has achieved a return of 182.9% [2]. Fund Manager Performance - The fund managers of Baoying Ruifeng Innovation Mixed A/B are Zhu Kai and Rong Zhineng. As of the report, Zhu Kai has a cumulative tenure of 2 years and 199 days, with a total fund asset size of 479 million CNY, achieving a best fund return of 5.17% and a worst return of -52.13% during his tenure [3]. - Rong Zhineng has a cumulative tenure of 2 years and 171 days, managing a total fund asset size of 4.35 billion CNY, with a best fund return of 161.44% and a worst return of 12.64% during his tenure [3].

Group 1 - The stock of Ningbo Zhongdali Intelligent Transmission Co., Ltd. increased by 5.38% on September 2, reaching a price of 96.79 CNY per share, with a trading volume of 1.894 billion CNY and a turnover rate of 10.47%, resulting in a total market capitalization of 19.021 billion CNY [1] - The company, established on August 28, 2006, and listed on August 29, 2017, specializes in the research, production, sales, and service of key components in the mechanical transmission and control application fields [1] - The main business revenue composition includes: intelligent execution units (38.49%), reduction motors (37.00%), precision reducers (22.41%), other (1.30%), and accessories (0.80%) [1] Group 2 - According to data, one fund under Dongfang Fund holds a significant position in Zhongdali, with the Dongfang High-end Manufacturing Mixed A Fund (014699) holding 27,800 shares, accounting for 3.25% of the fund's net value, making it the fourth-largest holding [2] - The Dongfang High-end Manufacturing Mixed A Fund was established on March 1, 2023, with a latest scale of 32.1948 million CNY, achieving a year-to-date return of 8.69% and a one-year return of 37.68% [2] - The fund manager, Li Rui, has been in position for 7 years and 264 days, with a total asset scale of 8.065 billion CNY, achieving the best fund return of 57.33% and the worst return of -18.3% during his tenure [3]

Investment Rating - The report maintains a "Buy" rating for the company [5] Core Views - The company has shown steady revenue growth with a 2.1% year-on-year increase in revenue to 516 million yuan in the first half of 2025, and a 6.5% increase in net profit attributable to shareholders to 46 million yuan [1][2] - The gross margin for the company improved by 3.2 percentage points to 27.7%, driven by the integration strategy of "reducer + motor + drive" and an increase in high-value-added products [2][3] - The company is successfully expanding its customer base in the robotics sector, which is expected to drive growth in the reducer business due to increasing demand for core components in smart manufacturing and new infrastructure [3] Summary by Sections Financial Performance - In Q2 2025, the company achieved a revenue of 286 million yuan, a 1.0% year-on-year increase and a 23.9% quarter-on-quarter increase, with a net profit of 29 million yuan, reflecting a 6.7% year-on-year increase and a 66.6% quarter-on-quarter increase [1] - The company's R&D expense ratio was 5.8% in the first half of 2025, indicating a commitment to maintaining high levels of investment in research and development [2] Product Performance - Revenue from reducer motors reached 191 million yuan, up 15.9% year-on-year, with a gross margin increase of 5.4 percentage points to 32.0% [2] - Revenue from precision reducers was 116 million yuan, down 8.6% year-on-year, but with a gross margin of 23.6%, up 2.2 percentage points [2] Profit Forecast and Valuation - The report forecasts net profits for 2025, 2026, and 2027 to be 90 million, 112 million, and 134 million yuan respectively, with a significant growth rate expected in the coming years [3][4] - The company is positioned to benefit from the industrialization of humanoid robots, which is expected to increase demand for precision reducers, leading to a high valuation elasticity [3]

Company Overview - Zhongda Lide Intelligent Transmission Co., Ltd. is located in Cixi City, Ningbo, Zhejiang Province, established on August 28, 2006, and listed on August 29, 2017. The company specializes in the research, production, sales, and service of key components in the mechanical transmission and control application fields [1][2]. Financial Performance - For the first half of 2025, Zhongda Lide achieved operating revenue of 516 million yuan, representing a year-on-year growth of 2.08%. The net profit attributable to the parent company was 46.37 million yuan, up 6.50% year-on-year [2]. - Since its A-share listing, Zhongda Lide has distributed a total of 160 million yuan in dividends, with 61.98 million yuan distributed over the past three years [3]. Stock Performance - As of August 29, Zhongda Lide's stock price increased by 220.62% year-to-date, with a recent decline of 2.66% over the past five trading days. The stock has risen by 20.01% over the past 20 days and 63.61% over the past 60 days [1]. - The stock's trading volume on August 29 was 546 million yuan, with a turnover rate of 3.01% and a total market capitalization of 18.491 billion yuan [1]. Shareholder Structure - As of June 30, 2025, Zhongda Lide had 56,800 shareholders, an increase of 8.67% from the previous period. The average number of circulating shares per person was 3,459, up 19.63% [2]. - The top ten circulating shareholders include notable funds such as Penghua Carbon Neutral Theme Mixed A and Huaxia CSI Robot ETF, with some changes in their holdings compared to the previous period [3]. Business Segments - The company's main business revenue composition includes: intelligent execution units (38.49%), reduction motors (37.00%), precision reducers (22.41%), and other components (1.30%) [1]. - Zhongda Lide operates within the mechanical equipment sector, specifically in general equipment and metal products, and is involved in various concept sectors such as machinery, reducers, express delivery concepts, smart logistics, and engineering machinery [2].

Group 1 - The core point of the news is the decline in the stock price of Ningbo Zhongdali Intelligent Transmission Co., Ltd., which fell by 5.03% to 89.26 CNY per share, with a trading volume of 1.417 billion CNY and a turnover rate of 7.96%, resulting in a total market capitalization of 17.542 billion CNY [1] - The company, established on August 28, 2006, and listed on August 29, 2017, specializes in the research, production, sales, and service of key components in the mechanical transmission and control application fields [1] - The main business revenue composition includes: intelligent execution units (38.49%), reduction motors (37.00%), precision reducers (22.41%), others (1.30%), and accessories (0.80%) [1] Group 2 - From the perspective of the top ten circulating shareholders, Huaxia Fund's Huaxia CSI Robot ETF (562500) increased its holdings by 961,200 shares in the second quarter, holding a total of 2.6357 million shares, which accounts for 1.34% of the circulating shares [2] - The estimated floating loss for the ETF today is approximately 12.4669 million CNY [2] - The Huaxia CSI Robot ETF, established on December 17, 2021, has a latest scale of 14.471 billion CNY, with a year-to-date return of 30.12% and a one-year return of 86.67% [2]