[Table_Reportdate] 2025年09月02日 [相关研究 Table_Report] 《爱柯迪（600933）：全球化产能加 速释放，卡位机器人赛道开辟新增长 极——公司简评报告》 2025.04.03 《爱柯迪（600933）：收入端增长稳 健，持续推进中大件转型、全球产能 布 局 — — 公 司 简 评 报 告 》 2024.11.01 《爱柯迪（600933）：内销保持较高 公 司 简 评 [Table_invest] 买入（维持） 报告原因：业绩点评 [证券分析师 Table_Authors] 谢建斌 S0630522020001 xjb@longone.com.cn 联系人 cxn@longone.com.cn | [数据日期 Table_cominfo] | 2025/09/01 | | --- | --- | | 收盘价 | 19.25 | | 总股本(万股) | 98,512 | | 流通A股/B股(万股) | 97,737/0 | | 资产负债率(%) | 40.88% | | 市净率(倍) | 2.13 | | 净资产收益率(加权) | 6.77 | | 12个月内最高/最 ...

Group 1: Company Overview and Operations - The company specializes in household appliance connectors with a development cycle of approximately 45 days and a customer certification period ranging from 1 to 6 months [2] - The automotive product development cycle is about 40 to 50 days, with a typical certification period of six months [2] - The company is enhancing strategic cooperation with core customers to meet their demands for product intelligence and customization [3] Group 2: Robotics and New Ventures - The company has established a subsidiary, Foshan Zhucheng Intelligent Technology Co., Ltd., focusing on connectors for industrial robots [3] - A strategic joint venture agreement has been signed with UBTECH to develop components for intelligent service robots and humanoid robots [3] - The company has received sample orders from UBTECH for humanoid robots and has obtained supplier codes from KUKA Robotics (Guangdong) Co., Ltd. for small batch supply [3] Group 3: Revenue Streams and Capacity Utilization - Other main revenue sources include connectors for new energy photovoltaic storage, smart terminals, and robotics [3] - The company is continuously updating production equipment and expanding production lines to enhance capacity and support business growth [3] Group 4: Expansion and Construction Progress - The company has acquired land in Leqing, Foshan, Qingdao, and Wuhan for new production bases, with all projects progressing as planned [3] - The company will disclose specific progress in accordance with regulations and advises stakeholders to be aware of related risks [3] Group 5: Investor Relations Activity - The investor relations activity included a management exchange and a tour of the company’s exhibition hall and factory [2] - The event did not involve any undisclosed significant information [3]

Group 1 - The core point of the article is that Lai Mu Co., Ltd. (SH 603633) held its 13th meeting of the 6th Board of Directors on August 28, 2025, where it reviewed the special report on the use of raised funds for the first half of 2025 [1] - For the year 2024, the revenue composition of Lai Mu Co., Ltd. is as follows: automotive products account for 71.66%, mobile phone products account for 17.61%, other businesses account for 8.37%, molds and fixtures account for 1.81%, and energy storage products account for 0.53% [1]