华夏时报记者 谢碧鹭 北京报道 浙江世宝近期股价走势 2025年末的A股市场，智能驾驶板块成为了最耀眼的明星赛道之一。12月24日，英唐智控（300131）、 星网宇达（002829）、合众思壮（002383）等一众上市公司股价纷纷涨停，其中，浙江世宝（002703） 更是迎来股价与业绩的双重爆发。近期公司股价开启强势上涨模式，16日至19日连续斩获四连板，24日 再度封死涨停，实现"7天5个涨停"的表现。 截至12月15日，浙江世宝的股价仅11.95元/股，而到了本月24日则增长至20.42元/股，短短7个交易日涨 幅超70%，成为智能驾驶概念的核心领涨股之一。12月24日集体涨停的盛况，印证了智能驾驶板块的强 大市场号召力。 股价大涨的背后，是浙江世宝深耕汽车转向领域数十年的技术积淀，及近年持续高增的经营业绩，更是 公司在智能驾驶核心零部件领域的前瞻布局。今年前三季度，浙江世宝的营业收入和归母净利润分别为 24.62亿元和1.50亿元，分别同比增长35.44%和33.66%。 智能驾驶概念掀热潮 2025年12月，智能驾驶板块在政策利好与市场需求的双重驱动下，迎来年末狂欢。作为板块核心标的， 浙江世宝的股 ...

本报（chinatimes.net.cn）记者谢碧鹭 北京报道 2025年末的A股市场，智能驾驶板块成为了最耀眼的明星赛道之一。12月24日，英唐智控、星网宇达、 合众思壮等一众上市公司股价纷纷涨停，其中，浙江世宝更是迎来股价与业绩的双重爆发。近期公司股 价开启强势上涨模式，16日至19日连续斩获四连板，24日再度封死涨停，实现"7天5个涨停"的表现。 截至12月15日，浙江世宝的股价仅11.95元/股，而到了本月24日则增长至20.42元/股，短短7个交易日涨 幅超70%，成为智能驾驶概念的核心领涨股之一。12月24日集体涨停的盛况，印证了智能驾驶板块的强 大市场号召力。 股价大涨的背后，是浙江世宝深耕汽车转向领域数十年的技术积淀，及近年持续高增的经营业绩，更是 公司在智能驾驶核心零部件领域的前瞻布局。今年前三季度，浙江世宝的营业收入和归母净利润分别为 24.62亿元和1.50亿元，分别同比增长35.44%和33.66%。 当然，股价的长期表现离不开坚实的基本面支撑。作为国内汽车转向系统的领军企业，浙江世宝不仅在 技术上紧跟行业趋势，更在经营业绩上实现了持续高速增长，为股价上涨提供了强劲动力。 浙江世宝的业 ...

Core Viewpoint - The company has decided to dissolve its wholly-owned subsidiary, Shanghai Beite Automotive Parts Co., Ltd., to optimize resource allocation and improve operational efficiency [1][4]. Group 1: Company Announcement - The board of directors convened on December 9, 2025, and approved the proposal to dissolve the subsidiary [2]. - The subsidiary, established on January 29, 2007, has a registered capital of 10 million RMB, with the company holding 100% ownership [1]. Group 2: Reasons for Dissolution - The decision to dissolve the subsidiary is based on the current operational situation, aiming to reduce management costs and enhance operational management efficiency [4]. - The dissolution will not significantly impact the company's business development or profitability, nor will it adversely affect the interests of shareholders, especially minority shareholders [5]. Group 3: Regulatory Compliance - The dissolution does not constitute a related party transaction or a major asset restructuring as defined by relevant regulations, and therefore does not require shareholder approval [3].

Core Insights - Zhejiang Shibao reported a revenue of 1.524 billion yuan for the first half of 2025, representing a year-on-year growth of 35.32% [1] - The net profit attributable to shareholders reached 93 million yuan, up 39.09% year-on-year, while the net profit excluding non-recurring items was 80 million yuan, reflecting a 25.27% increase [1] - The operating cash flow net amount was 91 million yuan, showing a significant year-on-year growth of 484.21% [1] Performance Drivers - The company's performance growth is primarily driven by the acceleration of trends in automotive electrification, intelligence, and globalization, along with the increasing market share of Chinese passenger vehicles [1] - There was a notable increase in sales of the company's electrified and intelligent steering system products [1] Company Overview - Zhejiang Shibao specializes in the research, manufacturing, and sales of automotive steering gears and other key components of steering systems [1] - The company has production bases in Hangzhou, Yiwu, Siping, Wuhu, and Changzhou, and it operates a group research institute in Hangzhou and an automotive intelligent technology R&D center in Beijing [1] - With over 30 years of experience in the automotive industry, Zhejiang Shibao has a diversified and international customer base, serving as a first-tier supplier to many reputable vehicle manufacturers [1] Technological Advancements - The company is one of the first in China to independently develop electric power steering systems and intelligent steering systems for vehicles, providing advanced active steering solutions for autonomous driving cars [1] - As of July 2025, Zhejiang Shibao is supplying intelligent steering systems and key components to several mainstream vehicle manufacturers, including Chery, Geely, NIO, and Li Auto [2] - The company's steer-by-wire technology is applicable for L3 and above intelligent driving models, with customer projects currently under development [2]

Group 1 - Manufacturing is emphasized as a crucial pillar of the national economy, and maintaining a reasonable proportion of manufacturing is essential for advancing modernization in China [1] - Various regions are adapting to develop new productive forces and achieve greater development despite complex economic conditions [1] Group 2 - In Xinxiang, traditional industries are revitalizing through the application of artificial intelligence and innovative technologies, leading to significant growth in industrial output and investment [2] - Xinxiang's industrial added value increased by 8.6% year-on-year in Q1, with manufacturing value-added growing by 9.1% [2] Group 3 - Heart-to-Heart Group is leveraging coal chemical products to create a diverse product tree, extending into high-value fine chemicals and maintaining profitability despite industry pressures, with a projected profit growth of 23% in 2024 [3] - Xinxiang Chemical Fiber has launched a new production line for biomass fiber from mushroom grass, aiming to establish a production base for 1 million tons of new materials [4] Group 4 - New products from Xinxiang Beixin Building Materials are energy-efficient and customizable, achieving over 3 billion yuan in total output value, a growth of over 5% [5] - The company is capitalizing on opportunities in urban renewal and renovation markets despite a slowdown in new housing construction [5] Group 5 - Weimen Co. has developed a welding robot named "Xiao Meng," which enhances production efficiency for non-standard customized products, leading to a sales increase of 800 million yuan in 2024, four times that of 2023 [6][7] - New Fly Smart Home has upgraded its production lines, resulting in a 20% increase in production and sales, with a total investment of 1.52 billion yuan [8] Group 6 - Weihen Group has successfully installed a 3000-ton gantry crane for offshore wind power, showcasing its innovative capabilities and achieving a revenue of 28.916 billion yuan in 2024, a growth of over 50% [9] - The company is focusing on electric steering systems for new energy vehicles, with a market share exceeding 20% [10] Group 7 - Traditional industries in Xinxiang are rapidly adapting and innovating to meet market pressures, with a focus on building a modern industrial system and improving the business environment [11]

Investment Rating - The report maintains an "Outperform" rating for the company, indicating an expected stock performance that exceeds the benchmark index by more than 10% over the next six months [1][3]. Core Insights - The company, Nastec, has a rich history dating back to 1906 and has established itself as a global leader in steering systems, with a diverse product range including electric and hydraulic power steering systems, steer-by-wire systems, and software solutions [2][5]. - Nastec's revenue in the Asia-Pacific region has been growing consistently since 2020, with expectations for continued investment in new product development and customer expansion in this market [2][16]. - The company is projected to achieve revenues of $4.5 billion, $4.8 billion, and $5.1 billion for the years 2025, 2026, and 2027, respectively, with net profits of $147 million, $169 million, and $193 million for the same years [3][60]. Summary by Sections Company Overview - Nastec has become a global steering system company serving over 60 clients, with a focus on next-generation technologies like steer-by-wire systems that enhance driving experiences and support advanced autonomous driving [2][3]. Financial Projections - Revenue is expected to grow from $4.276 billion in 2024 to $5.113 billion by 2027, with a compound annual growth rate of approximately 9% from 2020 to 2024 [10][61]. - The Asia-Pacific region is anticipated to see significant growth, with revenues projected to rise from $1.338 billion in 2024 to $1.879 billion by 2027, reflecting a compound annual growth rate of 12% [60][61]. Product Development and Market Position - Nastec has secured multiple contracts for steer-by-wire systems, including significant orders from leading OEMs, indicating a strong market position and technological leadership in the steering systems sector [26][62]. - The company is set to leverage its new Changshu factory to produce high-value products, enhancing its competitive edge in the Asia-Pacific market [25][62]. Market Trends - The report highlights a shift in the steering system landscape, with a growing adoption of electric power steering (EPS) systems in China, where the penetration rate is nearing 99% [27][62]. - The steer-by-wire technology is expected to create substantial market opportunities, with projections indicating a market size of approximately 53 billion RMB by 2025, growing to 261 billion RMB by 2030 [57][58].