资料显示，芜湖伯特利汽车安全系统股份有限公司位于中国(安徽)自由贸易试验区芜湖片区泰山路19 号，成立日期2004年6月25日，上市日期2018年4月27日，公司主营业务涉及汽车制动系统相关产品的研 发、生产和销售。主营业务收入构成为：智能电控产品45.59%，机械制动产品44.77%，机械转向产品 5.63%，其他(补充)2.92%，其他产品1.09%。 12月30日，伯特利涨1.17%，截至发稿，报51.79元/股，成交2.40亿元，换手率0.77%，总市值314.11亿 元。 南方中证500ETF（510500）基金经理为罗文杰。 截至发稿，罗文杰累计任职时间12年256天，现任基金资产总规模1702.51亿元，任职期间最佳基金回报 156.46%， 任职期间最差基金回报-47.6%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 从伯特利十大流通股东角度 数据显示，南方基金旗下1只基金位居伯特利十大流通股东。南方中证500ETF（510500 ...

12月30日，伯特利涨1.17%，截至发稿，报51.79元/股，成交2.40亿元，换手率0.77%，总市值314.11亿 元。 睿远成长价值混合A（007119）基金经理为傅鹏博、朱璘。 资料显示，芜湖伯特利汽车安全系统股份有限公司位于中国(安徽)自由贸易试验区芜湖片区泰山路19 号，成立日期2004年6月25日，上市日期2018年4月27日，公司主营业务涉及汽车制动系统相关产品的研 发、生产和销售。主营业务收入构成为：智能电控产品45.59%，机械制动产品44.77%，机械转向产品 5.63%，其他(补充)2.92%，其他产品1.09%。 从伯特利十大流通股东角度 数据显示，睿远基金旗下1只基金位居伯特利十大流通股东。睿远成长价值混合A（007119）三季度增 持12.61万股，持有股数541.39万股，占流通股的比例为0.89%。根据测算，今日浮盈赚取约324.83万 元。 睿远成长价值混合A（007119）成立日期2019年3月26日，最新规模213.87亿。今年以来收益67.3%，同 类排名494/8087；近一年收益66.52%，同类排名420/8085；成立以来收益99.96%。 截至发稿，傅鹏博 ...

12月22日，伯特利涨5.16%，截至发稿，报52.41元/股，成交3.95亿元，换手率1.26%，总市值317.87亿 元。 资料显示，芜湖伯特利汽车安全系统股份有限公司位于中国(安徽)自由贸易试验区芜湖片区泰山路19 号，成立日期2004年6月25日，上市日期2018年4月27日，公司主营业务涉及汽车制动系统相关产品的研 发、生产和销售。主营业务收入构成为：智能电控产品45.59%，机械制动产品44.77%，机械转向产品 5.63%，其他(补充)2.92%，其他产品1.09%。 从基金十大重仓股角度 责任编辑：小浪快报 数据显示，华泰资管旗下1只基金重仓伯特利。华泰紫金先进制造混合发起A（017424）三季度持有股 数10.4万股，占基金净值比例为3.81%，位居第六大重仓股。根据测算，今日浮盈赚取约26.73万元。 华泰紫金先进制造混合发起A（017424）成立日期2023年3月1日，最新规模3945.43万。今年以来收益 16.32%，同类排名4752/8170；近一年收益17.82%，同类排名4320/8139；成立以来收益8.13%。 华泰紫金先进制造混合发起A（017424）基金经理为郑栋。 截 ...

Core Insights - The company reported significant revenue growth in Q3 2025, with total revenue reaching 31.93 billion yuan, a year-on-year increase of 22.48% and a quarter-on-quarter increase of 26.43% [1] - The gross profit margin improved in Q3 2025, reaching 20.55%, with a quarter-on-quarter increase of 1.36 percentage points [2] - The company is actively expanding its market presence and enhancing production capacity, particularly in the robotics sector, with a total of 536 ongoing projects, a 24.07% increase year-on-year [3] Financial Performance - For the first three quarters of 2025, the company achieved a total revenue of 83.57 billion yuan, a year-on-year increase of 27.04%, and a net profit attributable to shareholders of 8.91 billion yuan, up 14.58% year-on-year [1] - In Q3 2025, the net profit attributable to shareholders was 3.69 billion yuan, reflecting a year-on-year increase of 15.15% and a quarter-on-quarter increase of 46.50% [1] - The company’s net profit margin for Q3 2025 was 11.74%, with a year-on-year decrease of 0.83 percentage points but a quarter-on-quarter increase of 1.57 percentage points [2] Market Expansion and Capacity Development - The company is focusing on both domestic and international market expansion, with a steady increase in project numbers, including 413 new designated projects, a 37.21% increase year-on-year [3] - The company is advancing its production capacity with ongoing projects in Mexico and the establishment of new production lines for various products, including components for humanoid robots [3] Investment Outlook - The company is expected to benefit from the increasing penetration of smart driving technologies, with projected net profits for 2025, 2026, and 2027 being 13.56 billion yuan, 16.53 billion yuan, and 19.81 billion yuan respectively [4] - The company maintains a "buy" rating based on its growth prospects and ongoing capacity expansion [4]

Investment Rating - The report maintains a "Buy" rating for the company, projecting significant profit growth in the coming years [7]. Core Insights - The company achieved rapid revenue growth in Q3 2025, with total revenue reaching 8.357 billion yuan, a year-on-year increase of 27.04%. The net profit attributable to shareholders was 891 million yuan, up 14.58% year-on-year [4][5]. - The company is actively expanding its robot screw business and has made significant progress in capacity construction, particularly in the domestic and international markets [6]. - The gross margin improved in Q3 2025, reaching 20.55%, with a net profit margin of 11.74%. The company is expected to benefit from the increasing penetration of smart driving technologies [5][7]. Financial Performance Summary - For the first three quarters of 2025, the company sold 4.7329 million sets of smart electric control products, a year-on-year increase of 41.56%. The sales of disc brakes and lightweight brake components also saw significant growth [4]. - The company forecasts net profits of 1.356 billion yuan, 1.653 billion yuan, and 1.981 billion yuan for 2025, 2026, and 2027, respectively, with corresponding P/E ratios of 20, 17, and 14 [7][9]. - The projected revenue for 2025 is 12.046 billion yuan, reflecting a year-on-year growth of 21.2% [9].

Core Viewpoint - In the first three quarters, the sales volume of intelligent electronic control products increased by 42% year-on-year [1] Financial Performance - In Q3 2025, the company achieved revenue of 3.193 billion yuan, a year-on-year increase of 22.48% and a quarter-on-quarter increase of 26.43% [2] - The net profit attributable to the parent company was 369 million yuan, a year-on-year increase of 15.15% and a quarter-on-quarter increase of 46.50% [2] - The gross profit margin for Q3 2025 was 20.55%, down 1.01 percentage points year-on-year but up 1.36 percentage points quarter-on-quarter [4] - The net profit margin was 11.56%, down 0.76 percentage points year-on-year but up 1.58 percentage points quarter-on-quarter [4] Product Sales and Growth - Sales of intelligent electronic control products reached 4.73 million units, a year-on-year increase of 41.56% [2][8] - Sales of disc brakes were 2.89 million units, a year-on-year increase of 27.42% [2][8] - Sales of lightweight brake components reached 10.47 million units, a year-on-year increase of 8.38% [2][8] - Sales of mechanical steering products were 2.2 million units, a year-on-year increase of 6.96% [2][8] Research and Development - The company has 536 ongoing projects, a year-on-year increase of 24.07% [5][14] - New designated projects increased to 413, a year-on-year increase of 37.21% [5][14] - R&D expenses grew by 12% year-on-year in Q3 2025, with the R&D expense ratio decreasing by 0.46 percentage points [4][10] Market Position and Strategy - The company is positioned as a global chassis supplier, with a focus on lightweight and intelligent automotive components [6][7] - The company has established overseas R&D and production bases in countries such as the USA, Mexico, and Morocco [7] - The company is actively expanding its human-shaped robot business, collaborating with Zhejiang Jianzhuang Transmission to develop key components [5][14] Future Outlook - The company anticipates a strong demand for electronic parking brake (EPB) systems, which are expected to drive short-term performance growth [28] - The lightweight component business is projected to grow at a compound annual growth rate of 25% in the coming years [27] - The line control braking system is expected to become a core product in the ADAS execution layer, benefiting from the trend towards vehicle electrification and intelligence [29]

Core Insights - The company reported a 42% year-on-year increase in sales of smart electronic control products in the first three quarters [1] - In Q3 2025, the company achieved revenue of 3.193 billion yuan, a year-on-year increase of 22.48% and a quarter-on-quarter increase of 26.43% [1] - The net profit attributable to shareholders reached 369 million yuan, reflecting a year-on-year growth of 15.15% and a quarter-on-quarter growth of 46.50% [1] Financial Performance - The sales volume of smart electronic control products reached 4.73 million units, up 41.56% year-on-year [1] - The sales of disc brakes were 2.89 million units, an increase of 27.42% year-on-year [1] - The gross profit margin for Q3 2025 was 20.55%, down 1.01 percentage points year-on-year but up 1.36 percentage points quarter-on-quarter [1] - The net profit margin was 11.56%, down 0.76 percentage points year-on-year but up 1.58 percentage points quarter-on-quarter [1] R&D and New Projects - The company has 536 ongoing projects, a year-on-year increase of 24.07%, and added 413 new designated projects, up 37.21% [2] - The expected annualized revenue from new designated projects is 7.103 billion yuan [2] - The company is actively advancing the development of key components for humanoid robots in collaboration with Zhejiang Jianzhuang Transmission [2] Market Position and Strategy - The company is positioned as a global chassis supplier with advantages in technology, production capacity, and customer resources [2] - It is one of the few domestic companies with independent intellectual property rights capable of mass production of various smart electronic control products [2] - The company is expanding its overseas presence in countries like the USA, Mexico, and Morocco [2]

Core Insights - Bertli reported a revenue of 3.193 billion yuan for Q3 2025, representing a year-on-year growth of 22.48% [2][3] - The net profit attributable to shareholders reached 369 million yuan, up 15.15% compared to the same period last year [2][3] - For the first nine months of 2025, the cumulative revenue was 8.357 billion yuan, a 27.04% increase year-on-year, while the net profit attributable to shareholders was 891 million yuan, growing by 14.58% [2][3] Financial Performance - The net profit excluding non-recurring gains and losses for Q3 2025 was 351 million yuan, with a significant year-on-year increase of 21.96% [2][3] - The basic earnings per share for the quarter were 0.61 yuan, reflecting a growth of 15.09% [4] - Total assets as of September 30, 2025, amounted to 16.295 billion yuan, a 27.45% increase from the end of the previous year [4] Product Performance - Sales of intelligent electronic control products reached 4.7329 million units from January to September 2025, marking a 41.56% increase [5] - The company has a total of 536 projects under research, which is a 24.07% increase compared to the previous year [5] - New designated projects are expected to generate an annualized revenue of 7.103 billion yuan, providing strong support for future revenue growth [5]

Core Viewpoint - Bertli's stock price has shown fluctuations, with a year-to-date increase of 15.39% but a recent decline of 3.15% over the past five trading days [1] Financial Performance - For the first half of 2025, Bertli achieved a revenue of 5.164 billion yuan, representing a year-on-year growth of 30.04%, and a net profit attributable to shareholders of 522 million yuan, up 14.19% year-on-year [2] - Cumulative cash dividends since the A-share listing amount to 664 million yuan, with 499 million yuan distributed over the last three years [3] Shareholder Information - As of September 10, 2025, the number of shareholders increased to 40,000, a rise of 65.24%, while the average circulating shares per person decreased by 39.46% to 15,162 shares [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 38.4732 million shares, a decrease of 2.7464 million shares from the previous period [3]

Group 1 - Berteli's stock price increased by 5.12% to 50.73 CNY per share, with a trading volume of 1.109 billion CNY and a turnover rate of 3.67%, resulting in a total market capitalization of 30.768 billion CNY [1] - Berteli, established on June 25, 2004, and listed on April 27, 2018, specializes in the research, production, and sales of automotive brake system-related products [1] - The revenue composition of Berteli includes intelligent electronic control products (45.59%), mechanical brake products (44.77%), mechanical steering products (5.63%), and other products (2.92% and 1.09%) [1] Group 2 - The fund "Agricultural Bank of China Huiri Fund" holds a significant position in Berteli, with 3.3619 million shares, unchanged from the previous period, accounting for 2.31% of the fund's net value [2] - The fund "Agricultural Bank of China Huiri New Energy Mixed A" has achieved a year-to-date return of 22.24%, ranking 3863 out of 8174 in its category, and a one-year return of 43.07%, ranking 3854 out of 7982 [2] - The fund manager, Zuo Tengfei, has a tenure of 1 year and 224 days, with a total fund size of 7.616 billion CNY, while the other manager, Xing Junliang, has a tenure of 4 years and 65 days, managing a total fund size of 8.254 billion CNY [3]