9月18日，壹连科技跌2.93%，成交额1.83亿元。两融数据显示，当日壹连科技获融资买入额1614.15万 元，融资偿还1878.80万元，融资净买入-264.65万元。截至9月18日，壹连科技融资融券余额合计1.44亿 元。 截至6月30日，壹连科技股东户数1.32万，较上期减少20.84%；人均流通股1461股，较上期增加 86.48%。2025年1月-6月，壹连科技实现营业收入20.66亿元，同比增长22.12%；归母净利润1.37亿元， 同比增长18.49%。 分红方面，壹连科技A股上市后累计派现7835.54万元。 机构持仓方面，截止2025年6月30日，壹连科技十大流通股东中，香港中央结算有限公司位居第二大流 通股东，持股18.99万股，相比上期增加12.45万股。南方中证1000ETF（512100）位居第四大流通股 东，持股16.88万股，为新进股东。华夏中证1000ETF（159845）位居第六大流通股东，持股10.03万 股，为新进股东。广发中证1000ETF（560010）位居第九大流通股东，持股8.27万股，为新进股东。 责任编辑：小浪快报 融资方面，壹连科技当日融资买入1614.1 ...

Core Points - On September 11, Yilian Technology's stock rose by 1.70%, with a trading volume of 153 million yuan [1] - The company experienced a net financing outflow of 373.94 million yuan on the same day, with a total financing and securities balance of 1.47 billion yuan [1] - As of June 30, the number of shareholders decreased by 20.84% to 13,200, while the average circulating shares per person increased by 86.48% to 1,461 shares [2] Financing and Securities - On September 11, Yilian Technology had a financing purchase of 15.25 million yuan, with a current financing balance of 1.47 billion yuan, accounting for 8.22% of the circulating market value [1] - The company had no shares repaid in securities lending on September 11, with 200 shares sold, amounting to 18,600 yuan at the closing price [1] - The securities lending balance stood at 214,100 yuan with a remaining quantity of 2,300 shares [1] Business Performance - For the first half of 2025, Yilian Technology reported a revenue of 2.066 billion yuan, representing a year-on-year growth of 22.12%, and a net profit attributable to shareholders of 137 million yuan, up 18.49% year-on-year [2] - The company's main business revenue composition includes: 58.83% from battery connection components, 28.44% from low-voltage signal transmission components, 11.48% from power transmission components, and 0.81% from other FPC components [1] Shareholder Structure - As of June 30, the second-largest circulating shareholder was Hong Kong Central Clearing Limited, holding 189,900 shares, an increase of 124,500 shares from the previous period [2] - New institutional shareholders include Southern CSI 1000 ETF, holding 168,800 shares, and Huaxia CSI 1000 ETF, holding 100,300 shares [2]

Core Insights - 壹连科技's stock price decreased by 0.77% on September 10, with a trading volume of 1.26 billion yuan [1] - The company reported a financing buy-in of 14.29 million yuan and a net financing buy of 208,800 yuan on the same day [1] - As of September 10, the total financing and securities lending balance for 壹连科技 was 151 million yuan, representing 8.57% of its market capitalization [1] Financial Performance - For the first half of 2025, 壹连科技 achieved a revenue of 2.066 billion yuan, reflecting a year-on-year growth of 22.12% [2] - The net profit attributable to shareholders for the same period was 137 million yuan, with a year-on-year increase of 18.49% [2] - Cumulative cash dividends paid by the company since its A-share listing amounted to 78.36 million yuan [2] Shareholder Structure - As of June 30, 2025, the number of shareholders for 壹连科技 was 13,200, a decrease of 20.84% from the previous period [2] - The average number of circulating shares per shareholder increased by 86.48% to 1,461 shares [2] - Notable institutional shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 12.45 million shares, and several new entrants such as Southern CSI 1000 ETF and Huaxia CSI 1000 ETF [2]

Group 1 - The core viewpoint of the news highlights the recent trading performance and financial metrics of Yilian Technology, including a 3.59% drop in stock price on September 2, with a trading volume of 268 million yuan [1] - As of September 2, Yilian Technology's financing balance reached 150 million yuan, accounting for 8.38% of its market capitalization, with a net financing purchase of 10.08 million yuan on that day [1] - The company reported a revenue of 2.066 billion yuan for the first half of 2025, representing a year-on-year growth of 22.12%, and a net profit of 137 million yuan, up 18.49% year-on-year [2] Group 2 - Yilian Technology's main business revenue composition includes 58.83% from battery connection components, 28.44% from low-voltage signal transmission components, and 11.48% from power transmission components [1] - As of June 30, 2025, the number of shareholders decreased by 20.84% to 13,200, while the average circulating shares per person increased by 86.48% to 1,461 shares [2] - The company has distributed a total of 78.3554 million yuan in dividends since its A-share listing [3]

Group 1 - The company reported a revenue of 2.066 billion yuan for the first half of 2025, representing a year-on-year growth of 22.12% [1] - The net profit for the same period was 137 million yuan, with a year-on-year increase of 18.49% [1] - The net cash flow from operating activities reached 338 million yuan, showing a significant year-on-year growth of 87.95% [1] Group 2 - The company focuses on core business areas, enhancing product research and development, and expanding global operations and production capacity [1] - The company has established production bases in multiple locations, including Shenzhen, Ningde, Liyang, Yibin, Leqing, and Zhaoqing, and offers a range of products including battery connection components and flexible printed circuits (FPC) [2] - The company aims to integrate upstream material resources and enhance market competitiveness and cost advantages through technological advancements in connection components [2]

Core Insights - Shenzhen Yilian Technology Co., Ltd. reported a revenue of 2.066 billion yuan for the first half of 2025, representing a year-on-year growth of 22.12% [1] - The company achieved a net profit attributable to shareholders of 137 million yuan, up 18.49% year-on-year, and a net profit of 124 million yuan after deducting non-recurring items, reflecting a 15.40% increase [1] - The basic earnings per share stood at 1.49 yuan, with net cash flow from operating activities reaching 338 million yuan, marking an impressive growth of 87.95% [1] Company Performance - Yilian Technology focuses on the research, design, production, sales, and service of electrical connection components, enhancing its market competitiveness through product innovation and global expansion [1] - The company's main product, battery cell connection components, generated a revenue of 1.216 billion yuan, showing a year-on-year increase of 20.26% [1] Strategic Developments - The company is breaking through technical barriers in electrical connection components and accelerating the self-manufacturing process of certain parts, thereby integrating the supply chain and enhancing cost advantages [2] - Recently, Yilian Technology's wholly-owned subsidiary, Ningde Yilian Electronics Co., Ltd., held an opening ceremony, which signifies an upgrade in production capacity, technology research and development, and green manufacturing [2] - The new production base is positioned as a strategic hub to enhance service capabilities for core customers and build a more efficient support service system, aiming for long-term mutual development [2]

Core Viewpoint - 壹连科技 reported strong financial performance in the first half of 2025, driven by growth in the electric connection components sector and expansion into new markets such as low-altitude economy and energy storage [1][2][4]. Financial Performance - The company achieved operating revenue of 2.066 billion yuan, a year-on-year increase of 22.12% [1] - Net profit attributable to shareholders was 137 million yuan, up 18.49% year-on-year [1] - The net profit excluding non-recurring gains and losses was 124 million yuan, reflecting a growth of 15.40% [1] - Basic earnings per share stood at 1.49 yuan [1] - Net cash flow from operating activities reached 338 million yuan, a significant increase of 87.95% [1] Business Focus and Market Expansion - 壹连科技 is focusing on core business areas, enhancing product R&D and technology innovation, and expanding global presence and production capacity [1] - The company is actively developing various downstream applications and key projects to broaden its product application fields [1] - The growth in the new energy vehicle penetration rate and the stable development of the energy storage industry are driving revenue and profit growth [1][2] Product Matrix and Industry Trends - The company specializes in electric connection components, with production bases established in multiple locations across China [2] - The global new energy vehicle market is experiencing rapid growth, with sales reaching 7.52 million units in the first five months of 2025, a year-on-year increase of 32.4% [2] - Revenue from the company's main product, electric core connection components, was 1.216 billion yuan, up 20.26% year-on-year [2] - The electric connection components sector is entering a golden development period due to the rapid growth of new energy vehicles and expanding energy storage scale [2] Technological Advancements - The company is integrating upstream material resources and focusing on the production of flexible printed circuits (FPC), which are crucial for electric vehicle battery management systems [3] - FPCs are expected to play a key role in the trend towards miniaturization and lightweight electronic devices, enhancing the company's market competitiveness and cost advantages [3] New Market Opportunities - 壹连科技 has entered the low-altitude economy sector, developing products for drones and other low-altitude vehicles [4] - The low-altitude economy market in China is projected to exceed 1.5 trillion yuan by 2025, driven by policy, capital, technology, and demand [4] - The company aims to leverage this emerging market to enhance its business prospects and economic growth [4] Capacity Expansion and Strategic Development - The company’s subsidiary, Ningde Yilian Electronics, recently held an opening ceremony, marking a significant upgrade in production capacity and technological capabilities [5] - The new production base will serve as a strategic hub to enhance service capabilities for core customers and strengthen market competitiveness [5]

Core Viewpoint - On August 22, Yilian Technology's stock rose by 4.38%, with a trading volume of 312 million yuan, indicating positive market sentiment towards the company [1]. Financing Summary - On the same day, Yilian Technology had a financing buy-in amount of 45.2451 million yuan, with a net financing purchase of 22.9974 million yuan after repaying 22.2477 million yuan [1][2]. - The current financing balance stands at 115 million yuan, accounting for 6.56% of the circulating market value [2]. Securities Lending Summary - On August 22, Yilian Technology had no shares repaid in securities lending, with 100 shares sold, amounting to 9,135 yuan at the closing price [2]. - The remaining securities lending volume is 1,000 shares, with a total lending balance of 91,300 yuan [2]. Company Overview - Yilian Technology, established on December 7, 2011, is located in Shenzhen, Guangdong Province, and specializes in the research, design, production, sales, and service of electrical connection components [2]. - The company's main revenue sources are: cell connection components (59.54%), low-voltage signal transmission components (28.54%), power transmission components (10.18%), and others (2.75%) [2]. Financial Performance - For the period from January to March 2025, Yilian Technology reported a revenue of 958 million yuan and a net profit attributable to shareholders of 60.151 million yuan, reflecting a slight year-on-year decrease of 0.16% [2]. Shareholder Information - As of March 31, 2025, the number of shareholders for Yilian Technology is 16,600, a decrease of 12.38% from the previous period, with an average of 783 circulating shares per person, an increase of 14.13% [2]. - The company has distributed a total of 78.3554 million yuan in dividends since its A-share listing [3]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the fifth largest, holding 65,400 shares as a new shareholder [3].

Core Viewpoint - The company aims to solidify its leading position in the fields of new energy vehicles and energy storage while actively exploring emerging sectors such as low-altitude economy, new medical technologies, and embodied intelligence to drive high-quality development [2][10]. Company Overview - Shenzhen Yilian Technology Co., Ltd. was founded in 1991 and specializes in research, design, production, sales, and service of electrical connection components and solutions. The company has established production bases in multiple locations, including Shenzhen, Zhuhai, Ningde, Liyang, Yibin, Yueqing, Changchun, and Slovakia [4]. - The company’s product range includes battery connection components, power transmission components, low-voltage signal transmission components, and flexible circuit boards, serving various sectors such as new energy vehicles, energy storage systems, industrial equipment, medical devices, consumer electronics, and low-altitude economy [4][5]. Clientele and Market Position - The company has built a diverse client base across multiple industries, including new energy vehicles and energy storage systems, and has received numerous awards for its service and quality from major clients like CATL and XPeng Motors [5][6]. Innovation and R&D - The company has significantly increased its R&D investment, reaching 144 million yuan in 2024, a 33.20% increase year-on-year. The R&D team has also expanded, with 123 new hires, marking a 23.84% increase [7][8]. - The company is focused on technological innovation, having introduced advanced processes such as thin-film thermal compression welding to enhance product performance and manufacturing efficiency [7][8]. ESG Initiatives - The company recognizes the importance of ESG management and has integrated ESG principles into its strategic decision-making and operations. It aims to improve its management capabilities in areas such as green production, safety, and social contributions [9]. - In 2024, the company received a B- rating from the Carbon Disclosure Project, reflecting its commitment to low-carbon transformation and sustainable development [9]. Future Development Plans - The company plans to strengthen its advantages in new energy vehicles and energy storage while exploring new growth areas. It aims to enhance business stability with core clients and leverage its technological and talent advantages for strategic advancements [10].

Company Overview - Shenzhen Yilian Technology Co., Ltd. was founded in 1991 and specializes in R&D, design, production, sales, and service of electrical connection components and solutions [2] - The company has established production bases in multiple locations, including Shenzhen, Zhaoqing, Ningde, Liyang, Yibin, Leqing, Changchun, and Slovakia [2] - Main products include battery connection components, power transmission components, low-voltage signal transmission components, and flexible circuit boards, focusing on sectors like new energy vehicles, energy storage systems, industrial equipment, medical devices, consumer electronics, and low-altitude economy [2] Future Profitability Directions - The company aims to achieve effective production at new bases in Liyang, Ningde, and Slovakia, and scale up production of existing orders [3] - Plans to enhance R&D capabilities and improve automation, information technology, and intelligence levels [3] - Focus on lightweight, precision, and integrated development of electrical connection components while expanding into new sectors like new energy vehicles and energy storage [3] Customer Development and Management - The company prioritizes market and customer needs, expanding product types and application fields [4] - Established long-term cooperative relationships with notable clients across various sectors, including CATL, XPeng Motors, Volvo, Volkswagen, Nissan, and more [4] - Diverse customer distribution enhances market space and strengthens profitability and risk resistance [4] Core Competitiveness - Recognized as a national high-tech enterprise, emphasizing technological innovation and market orientation [6] - Focus on improving manufacturing technology and automation to meet customer demands with high-quality products and services [6] - Advantages include a systematic R&D approach, diverse customer resources, sustainable development systems, and efficient production and quality control [6] Industry Development Outlook - The company’s applications are primarily in new energy vehicles, energy storage, and low-altitude economy sectors [7] - Government policies and technological advancements are driving rapid growth in the new energy vehicle market, with increasing penetration rates expected [7] - The company is positioned to leverage its long-term experience and technological advantages in the new energy sector [7]