11月18日，卡倍亿盘中下跌2.00%，截至14:00，报47.95元/股，成交6289.23万元，换手率0.72%，总市 值90.23亿元。 分红方面，卡倍亿A股上市后累计派现1.50亿元。近三年，累计派现1.14亿元。 资金流向方面，主力资金净流出297.81万元，特大单买入543.21万元，占比8.64%，卖出0.00元，占比 0.00%；大单买入788.33万元，占比12.53%，卖出1629.35万元，占比25.91%。 机构持仓方面，截止2025年9月30日，卡倍亿十大流通股东中，香港中央结算有限公司位居第六大流通 股东，持股117.15万股，为新进股东。 卡倍亿今年以来股价涨50.81%，近5个交易日跌0.35%，近20日跌2.40%，近60日涨28.45%。 责任编辑：小浪快报 资料显示，宁波卡倍亿电气技术股份有限公司位于浙江省宁波市宁海县桥头胡街道汶溪周工业区，成立 日期2004年3月5日，上市日期2020年8月24日，公司主营业务涉及汽车线缆的研发、生产和销售。主营 业务收入构成为：普通线83.53%，新能源线10.46%，其他(补充)5.22%，数据线0.79%。 卡倍亿所属申万行业为： ...

证券日报网讯兆龙互连（300913）11月13日发布公告，在公司回答调研者提问时表示，公司在汽车领域 的布局稳步推进。2025年6月，公司与奥地利汽车线束研发制造企业格里勒共同成立合资公司，同时成 为格里勒在亚太地区汽车数据电缆的独家合作方。目前，相关汽车线缆的认证、导入等前期工作正有序 开展，预计明年汽车领域客户将会进行审厂，汽车线缆有望在2026年起量。 ...

南财智讯11月13日电，兆龙互连在投资者关系活动中表示，公司与奥地利汽车线束企业格里勒于2025年 6月共同成立合资公司，并成为其在亚太地区汽车数据电缆的独家合作方。目前相关汽车线缆的认证、 导入等前期工作有序开展，预计明年客户将进行审厂，汽车线缆产品有望自2026年起实现批量出货。 ...

Group 1 - The core point of the article is that New Asia Electronics (SH 605277) held its third board meeting on November 10, 2025, to discuss the re-election of members for the remuneration and assessment committee [1] - The company's revenue composition for the first half of 2025 is as follows: 38.13% from consumer electronics and industrial control cables, 31.86% from communication cables and data cables, 20.72% from new energy cables and components, 6.28% from automotive cables, and 3.01% from other businesses [1] - As of the report, New Asia Electronics has a market capitalization of 7.5 billion yuan [1]

Core Viewpoint - The company Kabeyi (300863.SZ), known as "China's leading automotive cable stock," is actively expanding its business and enhancing competitiveness through strategic investments and technological innovation [1][2]. Business Expansion - Kabeyi announced a 100 million yuan investment to establish a wholly-owned subsidiary, Shanghai Kabeyi Robot Co., Ltd., to accelerate the development of humanoid robot components [1][2]. - The subsidiary aims to integrate resources and optimize the existing business structure, enhancing the company's overall strength and competitiveness in the humanoid robot sector [2]. Financial Performance - As of September 2025, Kabeyi's total assets reached 4.146 billion yuan, with construction projects amounting to 310 million yuan, reflecting a 499.35% increase from the beginning of the period [6]. - For the first three quarters of 2025, the company reported a revenue of 2.854 billion yuan, a year-on-year increase of 11.11%, and a net profit attributable to shareholders of 138 million yuan, up 5.01% [6]. - The operating cash flow showed significant improvement, with a net inflow of 166 million yuan for the first three quarters of 2025, compared to a negative 28.73 million yuan in the same period last year, marking a 679.32% increase [6]. Research and Development - Kabeyi has established a strong foundation in the automotive cable industry, with capabilities to produce cables meeting various international standards [2][3]. - The company has invested in R&D, with expenses amounting to 70.29 million yuan in 2022 and 113 million yuan in the first three quarters of 2025, reflecting a steady increase in R&D investment [3]. Market Position - Kabeyi has entered the supply chains of major automotive manufacturers, including Volkswagen, BMW, and Tesla, and has received recognition as an excellent supplier from notable automotive harness companies [6].

Core Viewpoint - 卡倍亿 is a significant player in the domestic automotive cable sector, focusing on the research, production, and sales of automotive cables, with strong technical capabilities and market competitiveness [1] Group 1: Business Performance - In Q3 2025, 卡倍亿 reported revenue of 2.854 billion yuan, ranking 15th among 36 companies in the industry, with the industry leader, Yunsen Electronics, generating 45.844 billion yuan [2] - The net profit for the same period was 138 million yuan, also ranking 15th, while the top competitor, Yunsen Electronics, achieved a net profit of 1.363 billion yuan [2] - Year-on-year revenue growth was 11.1%, and net profit growth was 5.0% [5] Group 2: Financial Ratios - As of Q3 2025, 卡倍亿's debt-to-asset ratio was 65.55%, higher than the previous year's 64.16% and above the industry average of 44.11% [3] - The gross profit margin for Q3 2025 was 11.97%, down from 13.06% year-on-year and below the industry average of 19.46% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 3.33% to 12,100, while the average number of circulating A-shares held per shareholder increased by 3.44% to 15,000 [5] - Hong Kong Central Clearing Limited emerged as the sixth-largest circulating shareholder, holding 1.1715 million shares [5] Group 4: Management and Compensation - The chairman, Lin Guangyao, received a salary of 1.2095 million yuan in 2024, an increase of 48,400 yuan from 2023 [4]

Core Viewpoint - The company reported a steady revenue growth in Q3 2025, driven by the automotive cable business, despite pressure on gross margins from rising copper prices [1][2]. Financial Performance - For the first three quarters of 2025, the company achieved a revenue of 2.854 billion yuan, representing a year-on-year increase of 11.1%. The net profit attributable to shareholders was 138 million yuan, up 5.0% year-on-year, while the net profit excluding non-recurring items was 132 million yuan, reflecting a 2.4% increase [1]. - In Q3 2025, the company reported a revenue of 1.024 billion yuan, with a quarter-on-quarter increase of 11.4% and a year-on-year increase of 8.2%. The net profit attributable to shareholders was 46 million yuan, showing a quarter-on-quarter increase of 13.3% and a year-on-year increase of 18.7%. The net profit excluding non-recurring items was 40 million yuan, with a quarter-on-quarter decrease of 1.4% and a year-on-year decrease of 8.2% [1]. Industry Trends - The automotive industry, as reported by the China Association of Automobile Manufacturers, saw a wholesale sales increase of 13% quarter-on-quarter and 7% year-on-year, reaching 7.52 million vehicles in Q3 2025. The company's automotive cable revenue grew in line with this industry trend [2]. - The company's gross margin in Q3 2025 decreased by 0.6 percentage points quarter-on-quarter and 0.4 percentage points year-on-year to 11.8%, primarily due to the high prices of copper, a key raw material [2]. Expense Management and Capital Expenditure - The company improved its expense ratios in Q3 2025, with sales, management, and R&D expense ratios at 0.4%, 1.7%, and 2.4%, respectively, showing year-on-year decreases of 0.1 percentage points, 0.3 percentage points, and 1.1 percentage points, as well as quarter-on-quarter decreases of 0.2 percentage points, 0.6 percentage points, and 0.2 percentage points [2]. - Capital expenditures reached a historical high of 340 million yuan in Q3 2025, driven by the company's efforts to expand production capacity domestically and internationally [2]. Strategic Initiatives - The company is advancing its layout in emerging businesses such as humanoid robot cables, high-frequency and high-speed cables, and low-altitude flying vehicle cables. It is enhancing its high-speed and high-frequency copper cable production capacity in Mexico to meet the demands of North American data centers, cloud computing, and 5G base stations [3]. - The company is increasing resource investment in the humanoid robot business, aiming for growth through both internal development and external collaboration [3]. Profit Forecast and Valuation - The company maintains its profit forecasts for 2025 and 2026, projecting net profits attributable to shareholders of 240 million yuan and 270 million yuan, respectively. The current stock price corresponds to P/E ratios of 39.7 and 34.7 for 2025 and 2026 [3]. - The target price has been raised by 10.5% to 52.75 yuan, reflecting P/E ratios of 42.1 and 36.8 for 2025 and 2026, indicating a potential upside of 5.9% from the current stock price [3].

Core Viewpoint - The stock of Kabeiyi Electric Technology Co., Ltd. has shown significant growth this year, with a year-to-date increase of 56.79%, indicating strong market performance and investor interest [1][2]. Financial Performance - For the period from January to September 2025, Kabeiyi achieved a revenue of 2.854 billion yuan, representing a year-on-year growth of 11.11% [2]. - The net profit attributable to the parent company for the same period was 138 million yuan, reflecting a year-on-year increase of 5.01% [2]. Shareholder Information - As of September 30, 2025, the number of shareholders for Kabeiyi was 12,100, a decrease of 3.33% from the previous period [2]. - The average number of circulating shares per shareholder increased by 3.44% to 15,003 shares [2]. - Kabeiyi has distributed a total of 150 million yuan in dividends since its A-share listing, with 114 million yuan distributed over the past three years [3]. Stock Market Activity - On October 28, Kabeiyi's stock price decreased by 2.25%, trading at 49.85 yuan per share, with a total market capitalization of 9.381 billion yuan [1]. - The stock experienced a net outflow of 2.4247 million yuan in principal funds, with significant buying and selling activity from large orders [1]. Business Overview - Kabeiyi, established on March 5, 2004, and listed on August 24, 2020, specializes in the research, production, and sales of automotive cables [1]. - The company's revenue composition includes 83.53% from ordinary cables, 10.46% from new energy cables, 5.22% from other sources, and 0.79% from data cables [1]. - Kabeiyi operates within the automotive industry, specifically in the automotive parts and electronic systems sector, and is associated with concepts such as financing, NIO, Tesla, new energy vehicles, and Huawei automotive [1].

Core Viewpoint - The stock of Huiju Technology (01729) has seen significant price movement, with an intraday increase of over 16% and a current rise of 11.95% to HKD 15.83, with a trading volume of HKD 279 million [1] Group 1: Company Performance - On October 23, Huiju Technology held an investor day event, which contributed to the positive market sentiment [1] - According to a report from Everbright Securities, the company's revenue from data center wire components, specialty cables, and server ODM business is expected to continue to grow rapidly due to sustained demand for AI computing power and related infrastructure [1] - The trend of automotive intelligence is driving a significant increase in demand for automotive cables, further supporting the company's growth prospects [1] Group 2: Strategic Developments - The acquisition of German wiring harness manufacturer Leoni AG by the controlling shareholder, Luxshare Precision (002475), is anticipated to create synergies in channels and technology between Leoni AG's automotive cable business and Huiju Technology's operations [1] - Everbright Securities maintains a "Buy" rating for Huiju Technology, reflecting confidence in the company's future performance and growth potential [1]

Core Viewpoint - The stock of Huiju Technology (01729) experienced a significant increase, rising over 16% during trading and currently up by 11.95% at HKD 15.83, with a trading volume of HKD 279 million [1] Group 1: Company Performance - On October 23, Huiju Technology held an investor day event, which contributed to the positive market reaction [1] - According to a report from Everbright Securities, the company's revenue from data center wire components, specialty cables, and server ODM business is expected to continue to grow rapidly due to sustained demand for AI computing power and related infrastructure [1] - The trend of automotive intelligence is driving a significant increase in demand for automotive cables, further supporting the company's growth prospects [1] Group 2: Strategic Developments - The acquisition of German wiring harness manufacturer Leoni AG by the controlling shareholder, Luxshare Precision, is anticipated to create synergies in channels and technology between Leoni AG's automotive cable business and Huiju Technology's operations [1] - Everbright Securities maintains a "Buy" rating for the company, reflecting confidence in its growth trajectory and strategic positioning in the market [1]