截至6月30日，精锻科技股东户数3.37万，较上期增加11.35%；人均流通股15351股，较上期减少 6.79%。2025年1月-6月，精锻科技实现营业收入9.87亿元，同比减少2.00%；归母净利润6059.90万元， 同比减少35.23%。 9月26日，精锻科技盘中下跌2.12%，截至13:39，报15.73元/股，成交2.17亿元，换手率2.39%，总市值 92.03亿元。 资金流向方面，主力资金净流出558.36万元，特大单买入553.09万元，占比2.55%，卖出270.86万元，占 比1.25%；大单买入3957.24万元，占比18.27%，卖出4797.83万元，占比22.15%。 精锻科技今年以来股价涨77.32%，近5个交易日跌1.56%，近20日涨8.26%，近60日涨21.28%。 资料显示，江苏太平洋精锻科技股份有限公司位于江苏省泰州市姜堰区双登大道198号，成立日期1992 年12月9日，上市日期2011年8月26日，公司主营业务涉及汽车差速器锥齿轮、汽车变速器结合齿齿轮、 汽车变速器轴类件、EDL(电子差速锁齿轮)、同步器齿圈、离合器驱动盘毂类零件、驻车齿轮、新能源 汽车用电机轴 ...

Group 1 - The core viewpoint of the news is the performance and market position of Jiangsu Pacific Precision Forging Technology Co., Ltd., which saw a stock price increase of 5.25% to 16.25 CNY per share, with a total market capitalization of 9.507 billion CNY [1] - The company specializes in automotive components, including differential gears, transmission gears, and parts for electric vehicles, with a revenue composition of 74.67% from gear shafts, 22.98% from assemblies, and 2.35% from other sources [1] - The trading volume for the stock was 375 million CNY, with a turnover rate of 4.12% [1] Group 2 - The Taiping Technology Pioneer Mixed Fund A (023044) holds 90,000 shares of Precision Forging Technology, representing 4.45% of the fund's net value, making it the eighth largest holding [2] - The fund has a total scale of 23.0144 million CNY and has achieved a return of 30.24% since its inception [2] - The fund manager, Xu Hao, has been in position for 169 days, with the fund's total assets amounting to 27.9487 million CNY, and the best and worst returns during his tenure being 29.86% and 29.51%, respectively [3]

Group 1 - The core viewpoint of the news is that Jiangsu Pacific Precision Forging Technology Co., Ltd. (精锻科技) has seen a stock price increase of 5.25%, reaching 16.25 CNY per share, with a trading volume of 375 million CNY and a turnover rate of 4.12%, resulting in a total market capitalization of 9.507 billion CNY [1] - The company, established on December 9, 1992, and listed on August 26, 2011, specializes in automotive components, including differential gears, transmission gears, and parts for electric vehicles and high-end agricultural machinery [1] - The revenue composition of the company is as follows: 74.67% from gear and shaft products, 22.98% from assemblies, and 2.35% from other sources [1] Group 2 - From the perspective of the top ten circulating shareholders, Qianhai Kaiyuan Fund has a fund that entered the top ten shareholders of Precision Forging Technology, holding 2.4275 million shares, which is 0.47% of the circulating shares, with an estimated floating profit of approximately 1.9663 million CNY [2] - The Qianhai Kaiyuan Jiaxin Mixed A Fund (001765) was established on December 26, 2016, with a latest scale of 300 million CNY, achieving a year-to-date return of 82.09% and a one-year return of 91.63% [2] - The fund manager, Wu Guoqing, has a tenure of 9 years and 360 days, with the fund's total asset scale at 5.333 billion CNY, achieving a best return of 395.09% and a worst return of -27.1% during his tenure [3]

Group 1 - The core viewpoint of the news is the performance and market position of Jiangsu Pacific Precision Forging Technology Co., Ltd., which saw a stock price increase of 5.25% to 16.25 CNY per share, with a total market capitalization of 9.507 billion CNY [1] - The company specializes in manufacturing automotive differential gears, transmission gears, and components for electric vehicles, with a revenue composition of 74.67% from gear and shaft products, 22.98% from assemblies, and 2.35% from other sources [1] - The trading volume for the stock was 375 million CNY, with a turnover rate of 4.12% [1] Group 2 - Hengyue Fund holds a significant position in Jiangsu Pacific Precision Forging Technology, with its Hengyue Smart Technology Mixed A Fund (019257) owning 95,100 shares, representing 4.13% of the fund's net value [2] - The fund has achieved a year-to-date return of 20.92% and a one-year return of 64.43%, ranking 4067 out of 8174 and 1938 out of 7982 respectively in its category [2] - The fund manager, Yang Zao, has been in position for 1 year and 305 days, with the best return during this period being 30.74% and the worst being -22.56% [3]

Group 1 - The core viewpoint of the news is the performance and market position of Jiangsu Pacific Precision Forging Technology Co., Ltd., which saw a stock price increase of 5.01% to 15.73 CNY per share, with a total market capitalization of 9.203 billion CNY [1] - The company, established in December 1992 and listed in August 2011, specializes in automotive components, including differential gears, transmission gears, and parts for electric vehicles, with a revenue composition of 74.67% from gear shafts, 22.98% from assemblies, and 2.35% from other sources [1] - The trading volume for the stock was 418 million CNY, with a turnover rate of 4.75% [1] Group 2 - Among the top shareholders, Yongying Fund's advanced manufacturing mixed fund (018124) entered the top ten shareholders in the second quarter, holding 23.1428 million shares, which is 4.47% of the circulating shares, with an estimated floating profit of approximately 17.3571 million CNY [2] - The fund was established on May 4, 2023, with a current scale of 2.976 billion CNY, achieving a year-to-date return of 81.67% and a one-year return of 211.34% [2]

Group 1 - The core viewpoint of the news is that Jingzhuan Technology has seen a stock price increase of 5.03%, reaching 14.19 CNY per share, with a trading volume of 357 million CNY and a turnover rate of 4.49%, resulting in a total market capitalization of 8.302 billion CNY [1] - Jingzhuan Technology, established on December 9, 1992, and listed on August 26, 2011, specializes in automotive components such as differential gears, transmission gears, and parts for electric vehicles and high-end agricultural machinery [1] Group 2 - Among the top ten circulating shareholders of Jingzhuan Technology, Qianhai Kaiyuan Fund's Qianhai Kaiyuan Jiaxin Mixed A (001765) entered the list in the second quarter, holding 2.4275 million shares, which is 0.47% of the circulating shares, with an estimated floating profit of approximately 1.6507 million CNY [2] - Qianhai Kaiyuan Jiaxin Mixed A (001765) was established on December 26, 2016, with a latest scale of 300 million CNY, achieving a year-to-date return of 61.61% and a one-year return of 68.93% [2]

Core Viewpoint - The stock of Precision Forging Technology has experienced fluctuations, with a recent decline of 2.06% and a year-to-date increase of 55.79% [1][2]. Group 1: Stock Performance - As of September 4, the stock price was 13.82 CNY per share, with a market capitalization of 8.085 billion CNY [1]. - The stock has seen a trading volume of 1.51 billion CNY, with a turnover rate of 1.88% [1]. - Year-to-date, the stock has increased by 55.79%, but has seen a slight decline of 0.07% over the last five trading days and a 4.09% decrease over the last 20 days [1]. Group 2: Financial Performance - For the first half of 2025, the company reported a revenue of 987 million CNY, a decrease of 2.00% year-on-year [2]. - The net profit attributable to shareholders was 60.599 million CNY, reflecting a significant decline of 35.23% compared to the previous year [2]. Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders increased to 33,700, up by 11.35% from the previous period [2]. - The average number of circulating shares per shareholder decreased by 6.79% to 15,351 shares [2]. - The company has distributed a total of 604 million CNY in dividends since its A-share listing, with 181 million CNY distributed in the last three years [3].

Company Overview - Jiangsu Pacific Precision Forging Technology Co., Ltd. is located in Jiangyan District, Taizhou, Jiangsu Province, established on December 9, 1992, and listed on August 26, 2011 [1] - The company specializes in automotive differential bevel gears, transmission gears, transmission shafts, electronic differential lock gears, synchronizer rings, clutch drive hubs, parking gears, electric motor shafts and assemblies for new energy vehicles, and gears for high-end agricultural machinery [1] Financial Performance - As of June 30, 2025, the company reported a revenue of 987 million yuan, a year-on-year decrease of 2.00%, and a net profit attributable to shareholders of 60.60 million yuan, down 35.23% year-on-year [2] - Cumulative cash dividends since the company's A-share listing amount to 604 million yuan, with 181 million yuan distributed over the past three years [3] Stock Performance - As of August 29, the stock price increased by 2.02% to 14.11 yuan per share, with a trading volume of 168 million yuan and a turnover rate of 2.14%, resulting in a total market capitalization of 8.255 billion yuan [1] - Year-to-date, the stock price has risen by 59.06%, with a recent decline of 4.34% over the last five trading days, a 3.67% increase over the last 20 days, and a 4.28% increase over the last 60 days [1] Shareholder Information - As of June 30, 2025, the number of shareholders increased by 11.35% to 33,700, with an average of 15,351 circulating shares per person, a decrease of 6.79% [2] - The second-largest circulating shareholder is Yongying Advanced Manufacturing Mixed Fund A, holding 23.14 million shares as a new shareholder, while Qianhai Kaiyuan Jiaxin Mixed Fund A ranks ninth with 2.43 million shares, also a new shareholder [3]

Company Overview - Jiangsu Pacific Precision Forging Technology Co., Ltd. is located in Jiangyan District, Taizhou, Jiangsu Province, established on December 9, 1992, and listed on August 26, 2011 [1] - The company specializes in automotive differential bevel gears, transmission gears, axle components, electronic differential lock gears, synchronizer rings, clutch drive hubs, parking gears, electric motor shafts and assemblies for new energy vehicles, and high-end agricultural machinery gears [1] Financial Performance - As of June 30, 2025, the company reported a revenue of 987 million yuan, a year-on-year decrease of 2.00%, and a net profit attributable to shareholders of 60.6 million yuan, down 35.23% year-on-year [2] - Cumulative cash dividends since the A-share listing amount to 604 million yuan, with 181 million yuan distributed over the past three years [3] Stock Market Activity - On August 27, the company's stock price fell by 2.05%, trading at 14.30 yuan per share, with a total market capitalization of 8.366 billion yuan [1] - Year-to-date, the stock price has increased by 61.20%, but it has decreased by 5.92% over the last five trading days [1] - The stock has a turnover rate of 4.75%, with a trading volume of 395 million yuan on the same day [1] Shareholder Information - As of June 30, 2025, the number of shareholders increased by 11.35% to 33,700, while the average circulating shares per person decreased by 6.79% to 15,351 shares [2] - The second-largest circulating shareholder is Yongying Advanced Manufacturing Mixed Fund A, holding 23.14 million shares, while Qianhai Kaiyuan Jiaxin Mixed Fund A is the ninth-largest with 2.43 million shares, both being new shareholders [3]

Investment Rating - The report assigns a "Buy" rating for the company, marking the first coverage of the stock [1]. Core Views - The company is a leader in the precision gear industry, focusing on the automotive sector and expanding into the robot reducer market, which is expected to drive future growth [7][12]. - The company has a strong market position in the differential gear segment, with a significant market share and a growing revenue stream from its complete differential assembly business [12][22]. - The transition towards electric vehicles is creating new opportunities for the company, particularly in lightweight aluminum components and robot joint technology [57][69]. Summary by Sections 1. Company Overview - Established in 1992 and listed in 2011, the company specializes in precision gears for automotive applications, including differential gears and transmission components [12]. - The company has a diverse customer base, including major domestic and international automotive manufacturers [18]. 2. Financial Performance - The company reported total revenue of 20.25 billion yuan in 2024, a decrease of 3.7% year-on-year, with a net profit of 1.60 billion yuan, down 32.8% [20]. - Revenue is projected to grow to 23.06 billion yuan by 2025, with net profit expected to reach 2.41 billion yuan [1]. 3. Market Position - The company holds the largest market share in the differential gear sector in China, benefiting from high entry barriers in the capital-intensive industry [42][43]. - The market for differential assemblies is expected to grow significantly, with projections of 71.51 billion yuan by 2025 [54]. 4. Product Development - The company is expanding its product offerings to include lightweight aluminum components, which are crucial for meeting the demands of electric vehicles [57][69]. - The company has initiated projects to produce aluminum alloy parts, with planned capacities of 700,000 and 800,000 units for steering knuckles and control arms, respectively [71]. 5. Strategic Initiatives - The company is actively pursuing partnerships in the robotics sector, having established a joint venture to develop precision reducers for robotic applications [12][56]. - The company is enhancing its production capabilities through capital increases and convertible bonds to support its growth in the differential assembly market [55].