来源：钛媒体 从早期的贴牌代工到如今的品牌出海，出海发展40年的中国汽配产业正在探寻新的增长动能。 过去，中国汽配出海多以"白牌""副厂件"为主，依赖成本优势占领中低端市场。然而，随着全球电商基 础设施的完善、消费行为的线上化迁移，以及中国供应链能力的深度进化，汽配出海正迎来一场从"产 品出海"到"品牌出海"、从"流量红利"到"效率红利"的变革。 在全球电商加速渗透与跨境贸易增长迅猛的当下，欧美市场因其全球汽车保有量靠前且车辆老龄化较 高，爆发出巨大的汽配跨境市场潜力。然而，2025年跨境电商行业经历了多重黑天鹅事件，关税波动、 政策调整等挑战让不少卖家倍感压力。 在此背景下，中国汽配卖家正通过供应链效率革命和新品类的海外机遇，获得出海增长新动能。 库存一直是跨境商家群体的"生死关"，而汽配产品标品占比少，SKU繁多、长尾属性显著，这些特征使 得汽配商家对库存管理与供应链效率需求更高。 万邑通副总裁汪思杰指出，"汽摩配品类的尺寸、重量覆盖的范围非常大，最小的产品只有50-100克左 右，大的商品就是保险杠、轮胎等。同时，汽配品类线上化对时效性需求高，海外本地发货3-5天的时 效远优于国内直发的7-14天，这决 ...

（文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：请问公司机器人零部件方面有哪些产品布局？ 振邦智能（003028.SZ）1月5日在投资者互动平台表示，公司在机器人零部件方面已布局智能控制器、 电池管理系统和电池包、外骨骼等核心零部件。上述业务处于早期阶段，相关产品收入和产能规模较 小，对公司整体业绩影响有限，请注意投资风险。 ...

Core Viewpoint - The company is facing significant scrutiny regarding its IPO application, particularly concerning its performance volatility, customer stability, and the necessity and feasibility of its fundraising projects [3][18]. Group 1: Performance Volatility - The company's revenue from battery power control systems showed a V-shaped curve from 2022 to the first half of 2025, with figures of 389 million, 472 million, 401 million, and 372 million respectively, indicating a dramatic fluctuation [4][19]. - In the first half of 2025, revenue surged by 123.78% year-on-year, following a decline of 15.13% the previous year, attributed to shifts in downstream market demand [4][19]. - The company's performance diverged from industry peers, achieving a 6.73% growth in 2024 while competitors faced an average decline of 17.46% [4][19]. Group 2: Customer Base Composition - Approximately 90% of the company's customers are small to medium-sized, with those generating less than 1 million in sales consistently making up this percentage [5][20]. - In the first half of 2025, 520 small customers contributed only 15.93% of total revenue, contrasting with larger competitors whose top five customers account for over 25% of their revenue [5][20]. - The proportion of revenue from the top five customers decreased from 43.86% in 2022 to 30.69% in the first half of 2025, raising concerns about customer relationship stability [5][20]. Group 3: Quality Issues and Customer Retention - The company faced a return issue with BYD due to quality problems with IGBT products, resulting in a refund of 6.82 million [6][21]. - Following this incident, BYD's procurement from the company decreased significantly, dropping from 90.30 million in 2022 (10.62% of total revenue) to 38.07 million in 2024 (5.19%) [6][21]. Group 4: Fundraising and Production Capacity - The company plans to raise 500 million, with 294 million allocated for enhancing battery and power control system capacity, 144 million for a research center, and 62 million for working capital [13][28]. - The transition to a fully self-produced model raises questions about the feasibility of this shift, as the average processing costs of outsourced production are comparable to in-house production [13][28]. - Concerns about capacity utilization arise, as projected sales for 2024 are only 964,400 units, while the expected capacity by 2030 is 5,752,800 units, indicating potential overcapacity [13][28]. Group 5: Research and Development Challenges - The company aims to hire 110 new R&D personnel, which would increase the workforce by 55.56%, to support 14 research projects in advanced fields [14][29]. - The current R&D efficiency is questioned, as there are 198 personnel working on 18 projects, averaging 11 people per project, while the new projects plan to allocate only 8 people each [14][30].

12月24日，中创新航发布公告，宣布通过北交所公开招标，成功竞购中创新航科技(武汉)有限公司（以下简称"武汉公司"）8.3155%的股权，交易代价为人 民币6.600761亿元。本次交易完成后，中创新航对武汉公司的持股比例将从51%提升至59.3155%，武汉公司仍为其非全资附属公司。 据披露，武汉公司成立于2021年7月，主要从事锂电池、电池管理系统及相关集成产品的研发、生产、销售和市场应用开发。自成立以来，武汉公司高效完 成产线建设与投产，营收稳定增长，盈利能力良好，资产负债率可控。 财务数据显示，武汉公司2023年除税前净利润为1.618096亿元，除税后净利润为1.421048亿元；2024年业绩持续增长，除税前净利润达2.922273亿元，除税 后净利润为2.921619亿元。截至2024年12月31日，武汉公司总资产约182.4055945亿元，净资产约68.7716897亿元。 本次交易的卖方为武汉经开投资有限公司（以下简称"武汉经开投资"），其由武汉经济技术开发区(汉南区)国有资产监督管理局全资持有，截至交易前持有 武汉公司49%股权，构成中创新航附属公司层面的关联人士，因此本次收购构成关联交 ...

公司已于2025年12月24日就收购事项收到北交所出具的《企业国有资产交易凭证》。于本公告日期，公 司及卖方分别持有标的公司51%及49%的股权。竞拍及收购事项完成后，公司于标的公司的股权将从 51%增加至59.3155%，而标的公司将继续为公司之非全资附属公司。 武汉公司自成立以来，高效快速实现产线建设和投产，投产後营收稳定增长，盈利能力良好，资产负债 率可控。基于对武汉公司发展的良好预期，公司参与公开招标，本次收购事项的完成将进一步提升公司 在武汉公司的持股比例。 格隆汇12月24日丨中创新航(03931.HK)宣布，于2025年12月23日，公司于北交所举行的公开招标中成功 竞拍卖方提呈出售的标的股权。因此，于2025年12月24日，公司与卖方武汉经开投资有限公司订立产权 交易合同，据此，公司同意收购而卖方同意出售标的股权(产权交易合同项下公司收购的标的公司中创 新航科技的8.3155%股权)，代价为人民币6.6亿元。 标的公司：中创新航科技(武汉)有限公司为一间根据中国法律成立的有限责任公司，主要从事锂电池、 电池管理系统及相关集成产品的研发、生产、销售和市场应用开发。 ...

Core Insights - Shanghai Pylon Energy Technology Co., Ltd. (referred to as "Pylon Technology") is a leading provider of energy storage systems, focusing on the research, production, and sales of lithium iron phosphate battery cells, modules, battery management systems, and energy storage system integration [1][2] - The company is expanding its overseas business from a single market in Europe for home energy storage to a global strategy that includes both commercial and residential energy storage across multiple regions [1] - Pylon Technology's first overseas factory in Italy is set to commence operations in March 2025, which is expected to enhance the company's competitiveness in Europe and globally [1] R&D and Financials - As of the end of Q3 2025, Pylon Technology has invested 250 million yuan in R&D, accounting for 12.43% of its operating revenue, indicating a strong commitment to technological advancement [1] - The company aims to reduce reliance on a single overseas market by diversifying its domestic business and exploring new directions in lightweight power, thereby mitigating geopolitical and market volatility risks [1] Future Strategy - Pylon Technology's future development strategy is centered around a "full-scenario layout" and a "technological moat," focusing on opportunities in the domestic independent energy storage market and renewable energy applications [2] - The company plans to deepen its involvement in the lightweight power sector, particularly in the battery swap ecosystem for two-wheeled and three-wheeled vehicles, while also cultivating new growth areas through B-end customer development [2] - Additionally, Pylon Technology will explore collaborations with photovoltaic, grid, and vehicle manufacturers to promote the large-scale application of sodium batteries in energy storage and lightweight power scenarios [2]

插播： 1月8日，中车株洲所、弘正储能、海辰储能、海尔新能源、融和元储、华储电气、天合光能、万帮数字能源、星纪云能、汇能科技等超30家企业 出席【行家说储能开盛年会】，报名欢迎联系行家说储能辛迪 Cindy：15989092696 （微信同号） 随着全球能源转型加速，海外储能市场需求井喷，中企迎来"全球储能收割季"。 近日，采日能源宣布2025年签订的海外订单规模近3GWh，不仅创下了企业年度出海新纪录，更是 中国储能产业深度参与世界能源格局重构的有力注脚 。 ▋ 近3GWh！海外签单创新高 据了解，2025年采日能源海外3GWh订单涉及保加利亚（750+MWh）、乌克兰（500+MWh）到德国（200+MWh）、西班牙（20+MWh）等多地不同规 格、容量的储能项目。 采日能源近3GWh的海外订单，恰似全球市场投下的一张张"信任票"，有力印证了中国储能解决方案不断提升的国际竞争力。 ▋ 从"产品出海"到"体系输出" 采日能源海外订单的增长与项目集群的成功落地， 离不开其对全球能源生态的深度洞察。 这背后，是持续的技术创新、敏锐的市场判断和精准的技术适配能 力共同支撑的结果。 面对差异化的全球市场，采日能源展 ...

Core Insights - The "2025 Deloitte China High-Tech High-Growth 50" and "Deloitte China Rising Star" lists were unveiled at the summit held in Wuxi, showcasing the vitality of China's industrial innovation and exploring new trends in future technology development [1][21]. Industry Overview - The report indicates that the hardware sector leads the "China 50" with a 28% share, followed by high-end equipment at 18%. The growth in the semiconductor field has significantly benefited hardware, while high-end equipment thrives on intelligent manufacturing. Clean technology has increased to 10% due to the inclusion of more renewable energy companies. Software and life sciences have seen a decline compared to the previous year, with the internet sector experiencing a notable drop, indicating a shift in China's tech industry towards "hard technology" [4][23]. - The Greater Bay Area continues to dominate with a 52% share, with Shenzhen, Shanghai, Beijing, and Guangzhou remaining the top cities for tech entrepreneurship due to their mature industrial chains, talent pools, and capital environments [4][23]. - AI has become a standard in R&D, with 23% of the "China 50" companies and 66% of "Rising Star" companies investing over 50% of their revenue in AI development [4][23]. Regional Development - The event's theme "Innovation Without Boundaries, Resilient Growth" reflects the recognition of Huishan's innovation ecosystem and industrial development strength, highlighting Deloitte's collaboration with Huishan to build a high-tech hub for sustainable economic growth [4][25]. - Huishan has established itself as an innovative demonstration zone in Jiangsu, focusing on nurturing tech enterprises through high-level platforms and a comprehensive service chain from R&D to results transformation [6][25]. Company Highlights - Jiangsu Weiheng Intelligent Technology Co., a representative in the digital energy sector, has developed a technology system centered on "AI + new energy storage," successfully entering over 60 countries and showcasing China's hard tech international competitiveness. Since its establishment in Huishan High-tech Zone in 2021, it has achieved rapid growth and was included in Wuxi's unicorn cultivation list [13][32]. - Two Wuxi companies made it to the lists: Jiangsu Weiheng Intelligent Technology Co. with a 344% three-year revenue growth rate in the "2025 China High-Tech Growth 50" and Wuxi Pamu Medical Technology Co. in the "2025 Deloitte China Medical Health Rising Star" list [14][33]. - Pamu Medical, focused on cardiovascular diseases, has developed innovative solutions for pulmonary hypertension and heart failure, gaining global recognition for its original technology. Its product PFlexi sheath received FDA approval, showcasing China's innovative medical device capabilities [16][35]. Collaborative Ecosystem - Deloitte and Huishan have been collaborating on optimizing the business environment and regional economic research, resulting in the "2025 Huishan District Investment Environment White Paper," which highlights the area's advantages in industrial chain completeness, policy support, and talent environment [18][37]. - The white paper uses the acronym "HUI" to represent High potential, Unique, and Innovation, emphasizing Huishan's high-value industries, unique location advantages, and commitment to integrating research, development, and application [18][37]. Conclusion - The 2025 Deloitte dual lists not only document the growth trajectory of China's high-tech enterprises but also reflect the path of regional economic upgrades through systematic ecological construction. Huishan's proactive layout in hard technology, comprehensive innovation service system, and capital investment strategies have attracted companies to settle and grow locally while expanding globally [20][39].

天眼查资料显示，宁德时代润智软件科技有限公司，成立于2021年，位于宁德市，是一家以从事软件和 信息技术服务业为主的企业。企业注册资本320000万人民币。通过天眼查大数据分析，宁德时代润智软 件科技有限公司参与招投标项目2次，专利信息619条，此外企业还拥有行政许可5个。 宁德时代新能源科技股份有限公司，成立于2011年，位于宁德市，是一家以从事电气机械和器材制造业 为主的企业。企业注册资本440339.4911万人民币。通过天眼查大数据分析，宁德时代新能源科技股份 有限公司共对外投资了142家企业，参与招投标项目575次，财产线索方面有商标信息658条，专利信息 5000条，此外企业还拥有行政许可1011个。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 国家知识产权局信息显示，宁德时代润智软件科技有限公司、宁德时代新能源科技股份有限公司取得一 项名为"电芯电压采集方法、装置、电池管理系统、介质和产品"的专利，授权公告号CN120629991B， 申请日期为2025年8月。 来源：市场资讯 ...

据港交所12月2日披露，深圳市尚鼎芯科技股份有限公司(简称：尚鼎芯)向港交所主板递交上市申请，金联资本为其独家保荐人。 尚鼎芯是一家无晶圆厂功率半导体供应商，专门从事定制化功率器件产品的开发及供应。公司为客户量身定制技术应用解决方案，提供定制的功率器件，用 于安装在终端用户最终使用的电气设备及电气产品的电路板上，旨在实现特定性能或优化该等产品的功能。公司于往绩记录期间提供的产品主要是 MOSFET，其次是IGBT、GaN MOSFET及SiC MOSFET，该等产品主要由公司的技术专家设计、定制及/或开发，专门按照客户要求量身定制，用于其下游 产品。 尚鼎芯提供的产品用途广泛，包括电源转换器和电池管理系统。应用范围涵盖消费电子、工业控制、汽车电子、新能源及储能、医疗设备等应用场景，广泛 用于扫地机器人、手持电动工具、无人机、各种消费电子适配器、LED照明、户外储能等应用产品。该广泛适用性可增强公司的增长潜力，使公司能够开拓 多样化的市场，适应不断变化的行业趋势。 ...