Workflow
空心杯电机
icon
Search documents
FORTIOR涨超9% BLDC电机驱控芯片领域处领先地位 机构看好其机器人等新兴赛道
Zhi Tong Cai Jing· 2025-09-29 07:49
公开资料显示,FORTIOR(峰岹科技)是一家芯片设计公司,专注于BLDC电机驱动控制芯片的设计与研 发。根据弗若斯特沙利文的资料:集团是中国首家专注于BLDC电机驱动控制芯片设计的芯片设计厂 商;及截至2023年12月31日,集团在中国BLDC电机主控及驱动芯片市场的份额达到4.8%(按收入计), 排名第六,且集团为该市场前十大企业中唯一的中国企业。 值得一提的是,今年1月,公司公告与三花控股签署《合作框架协议》拟成立合资公司,其中三花控股 拟持有合资公司50%股权,公司拟持有合资公司36%股权。本次合作致力于空心杯电机(无槽永磁交流电 机)前沿技术研究,旨在突破关键技术瓶颈,深化产业应用。长城证券(002939)认为,公司在BLDC电 机驱控芯片领域处领先地位,24年加入广东省人形机器人创新中心,有望受益人形机器人量产推动增 长。 FORTIOR(01304)涨超9%,截至发稿,涨8.95%,报197.2港元,成交额8860.78万港元。 ...
信捷电气20250925
2025-09-26 02:28
信捷电气 20250925 摘要 信捷电气主营业务稳健,基本面良好,估值相对较低,在布局人形机器 人业务时具备下行保护和上行空间,使其成为当前流动性较好市场中的 理想投资对象。 信捷电气积极布局工控、电机等业务,这些业务可应用于人形机器人领 域,有望在人形机器人方面取得突破,并实质性进入核心下游企业。 信捷电气在机器人领域集中于无框力矩、电机及控制器,推出的无框力 矩与空心杯转向磁通等产品正在加速研发,并已在部分领域得到应用, 潜在市场空间巨大。 信捷电气自 2023 年起涉足空间对,2024 年实现产品化,已明确供货 长春荣德,销售数万套编码器产品,并已实现部分编码器、空心杯的小 批量销售。 信捷电气推出了 DL6 系列直驱伺服,用于半导体封装场景,确保高速运 动下的快速响应与良好同步性,并积极进行新产品研发与市场拓展。 信捷电气通过定增重点投入中大型 PLC 系统研发,提高系统安全性、可 靠性与稳定性,旨在提升产品质量,增强市场竞争力,推动国产化率的 持续提升。 信捷电气于 2024 年底实施股权激励计划,增强员工积极性和公司凝聚 力,公司新业务持续取得进展,具备良好的投资机会,有望逐步缩小与 同行的市值 ...
伟创电气20250922
2025-09-23 02:34
Summary of Weichuang Electric's Conference Call Industry and Company Overview - The humanoid robot market has significant potential, with Tesla's robot market cap potentially reaching 20 billion yuan, and Weichuang Electric expected to capture 20%-30% market share, contributing approximately 30 billion yuan to its market cap [2][3] - Weichuang Electric is involved in the humanoid robot sector, focusing on micro motors and joint modules, including hollow cup motors and frameless torque motors, and has begun producing dexterous hand engineering prototypes to enhance market competitiveness [2][3] Core Insights and Arguments - Weichuang Electric's micro frameless motors, particularly the brushless slotless motors, are compact and have high power density, addressing heat dissipation issues through self-developed driver chips, attracting major clients like Tesla and Feige [2][8] - The company has formed joint ventures with Yinlun and Kedali to expand its assembly business and plans to increase overseas production in North America [2][9] - Over the past five years, Weichuang Electric has achieved a compound profit growth rate of nearly 30%, significantly expanding its industry and product lines, and has quickly entered the Russian market [2][11] - The company is actively expanding its overseas market, with solar water pumping products performing well in arid regions like North Africa, the Middle East, and India, contributing about 25%-30% to overall revenue last year [2][13][15] Financial Projections - Weichuang Electric's revenue and profit are expected to continue growing this year, with profits potentially nearing 300 million yuan next year, and its main business could reach a market cap of over 9 billion yuan, combined with humanoid robot business, potentially reaching 20 billion to 30 billion yuan [3][16] - The humanoid robot market's contribution to Weichuang's market cap is estimated based on the potential sale of 1 million Tesla robots, with an average price of 20,000 yuan per robot, leading to a market scale of about 20 billion yuan and a profit contribution of 3-4 billion yuan [10][17] Market Dynamics and Competitive Landscape - The robot industry chain is divided into Tesla and domestic chains, with the Tesla chain moving towards mass production, presenting significant market opportunities [4] - Domestic robot components, particularly screws, sensors, and motors, hold substantial value, with the motor sector currently undervalued despite some standout stocks [4] - Weichuang Electric's competitive advantages include a comprehensive product range and strong customer relationships, with expected revenues from humanoid robots between 30 million to 50 million yuan this year [6][7] Strategic Initiatives - The establishment of joint ventures aims to consolidate resources and enhance competitiveness, with potential for further investment if business progresses well [12] - The company is also focusing on international expansion, leveraging partnerships with overseas clients to enhance its market presence [12][14] Overall Outlook - Confidence in Weichuang Electric's future growth is high, with expectations of resilience in economic downturns and significant potential in the humanoid robot sector, which could further elevate its overall market cap [18]
拓邦股份:目前与优必选合作暂集中于空心杯电机及减速+编码器+丝杆一体的执行器组件
Zheng Quan Ri Bao· 2025-09-22 08:15
(文章来源:证券日报) 证券日报网讯拓邦股份9月22日在互动平台回答投资者提问时表示,公司目前与优必选合作暂集中于空 心杯电机及减速+编码器+丝杆一体的执行器组件。 ...
拓邦股份:公司目前与优必选合作暂集中于空心杯电机及减速+编码器+丝杆一体的执行器组件
Mei Ri Jing Ji Xin Wen· 2025-09-22 01:28
Core Viewpoint - The company is currently focused on supplying hollow cup motors and integrated actuator components to UBTECH, with no mention of additional collaborations on joint development of lower limb joint drive boards or custom industrial robot controllers [1] Group 1 - The company is engaged in a partnership with UBTECH, primarily supplying hollow cup motors and integrated actuator components [1] - The current collaboration does not extend to the development of lower limb joint drive boards or custom industrial robot controllers [1]
拓邦股份:公司与优必选合作暂集中于空心杯电机等
人民财讯9月22日电,拓邦股份(002139)9月22日在互动平台表示,公司目前与优必选合作暂集中于空 心杯电机及减速+编码器+丝杆一体的执行器组件。 ...
江苏雷利(300660) - 300660江苏雷利投资者关系管理信息20250918
2025-09-18 09:44
Group 1: Global Expansion and Investment - The company plans to invest approximately 440 million CNY in production bases in Malaysia, Vietnam, and Mexico, enhancing its global industrial layout [2] - The Vietnam factory was expanded in 2024, and the Mexico factory is set to commence production in 2025, ensuring supply for North American clients [2] - The company is establishing a production base in Malaysia and a subsidiary in Thailand, expected to achieve small-scale production by the end of this year [2] Group 2: Robotics Core Components - The company has developed a comprehensive motion control system solution, including hollow cup motors, precision gearboxes, and linear actuators [3] - Strategic partnerships have been formed with companies like Nanjing Blue Technology for four-legged robots, and the company has been recognized as an excellent supplier by ZhiYuan Robotics [3][4] Group 3: Automotive Components Growth - The company has begun mass production of laser radar motors for clients such as TuDatong and BYD, and is developing industrial-grade laser radar motors [5] - Other products like air conditioning compressor motors and head-up display motors are also progressing well in mass production [5] - Future focus will be on new technologies and applications in the new energy vehicle sector, particularly in smart driving and smart cockpit areas [5] Group 4: Profitability Enhancement Plans - The automotive components sector is currently in a capacity ramp-up phase, which is temporarily affecting gross margins due to high fixed costs [6] - The company anticipates that improved capacity utilization will enhance gross margins through economies of scale [6] - Future strategies include increasing the sales proportion of high-value-added products to optimize the overall product structure and elevate average gross margin levels [7]
【拓邦股份(002139.SZ)】收入持续增长,成长空间广阔——跟踪报告之二(刘凯/林仕霄)
光大证券研究· 2025-09-16 23:07
Core Viewpoint - Tuobang Co., Ltd. is a leading global provider of intelligent control solutions, focusing on a complete technology ecosystem that spans hardware development to cloud services [4] Group 1: Company Overview - Tuobang Co., Ltd. emphasizes "Agility, Innovation, Partnership" as its core values and has established a comprehensive technology matrix covering "Four Electrifications and One Network" (electric control, motor, battery, power supply, and IoT platform) [4] - The company has built a global production base network across Asia, Europe, and America, creating an efficient supply chain collaboration mechanism [4] Group 2: Financial Performance - In 2024, the company achieved operating revenue of 10.501 billion yuan, a year-on-year increase of 16.78%, and a net profit attributable to shareholders of 671 million yuan, up 30.25% [5] - In the first half of 2025, the company reported operating revenue of 5.502 billion yuan, a year-on-year increase of 9.70%, but a net profit attributable to shareholders of 330 million yuan, down 15.11% [5] Group 3: Intelligent Automotive Business - The intelligent automotive segment generated revenue of 260 million yuan in the first half of 2025, marking a significant year-on-year growth of 86.03% [6] - The company focuses on electrification and advanced driving, developing a product matrix centered around lidar motors and charging piles [6] - The lidar motor has achieved scale production in collaboration with leading clients, while the charging pile product matrix addresses diverse charging needs with a focus on liquid-cooled ultra-fast charging technology [6] Group 4: Robotics Business - The robotics segment includes components (controllers, motors, power supplies) and complete machines, covering industrial, household, and commercial applications [7] - The company has achieved significant recognition in the commercial sector, winning first place in the "First China Cooking Robot Competition" with its commercial cooking robot [8] - In the first half of 2025, the robotics business generated sales revenue of 277 million yuan, reflecting a year-on-year increase of 22.72% [8]
雷赛智能(002979):Q2收入业绩同环比提升,机器人核心部件实现批量订单
Changjiang Securities· 2025-09-16 14:11
Investment Rating - The investment rating for the company is "Buy" and is maintained [8]. Core Views - The company's Q2 performance in 2025 met expectations, with revenue and profit showing both year-on-year and quarter-on-quarter growth. The company capitalized on structural opportunities in emerging industries to offset declines in the photovoltaic sector while maintaining its position as the No. 2 player in the domestic servo system market. Overall profitability remains robust [2][11]. - The company has made significant progress in its humanoid robot core components, including joint modules, frameless torque motors, hollow cup motors, and dexterous hands. Most clients have achieved progress, and several large commercial orders have been secured, leading to substantial revenue growth. The company plans to initiate trial production and small-scale manufacturing of 15 new dexterous hand products in Q3 2025 [2][11]. Financial Performance - In H1 2025, the company achieved revenue of 891 million, a year-on-year increase of 8.28%. The net profit attributable to the parent company was 119 million, up 2.22% year-on-year. For Q2 2025, revenue reached 501 million, a year-on-year increase of 13.40%, with net profit of 63 million, up 2.19% year-on-year [6][11]. - The company's gross margin slightly improved to 38.78%, with a year-on-year increase of 0.67 percentage points. The sales net profit margin was 13.94%, down 0.42 percentage points year-on-year [11]. Business Segments - The company continues to deepen its customer needs in traditional advantageous industries while capturing structural opportunities in emerging sectors. The revenue growth rates for various segments in H1 2025 were 19.3% for servo systems, -4.1% for stepper systems, and 11.3% for programmable logic controllers [11]. - The control technology segment has seen significant growth, with PLC product revenue increasing by 44.09% year-on-year [11]. Future Outlook - The company is optimistic about the development of its humanoid robot business and plans to continue its innovation-driven strategy, focusing on high-end servo product research and solutions in cutting-edge fields. The projected net profits for 2025 and 2026 are 257 million and 317 million, respectively, with corresponding PE ratios of 60x and 48x [11].
宇树机器人概念指数强势拉升!“全市场唯一百亿规模”机器人ETF(562500)份额突破180亿再刷新高!
Mei Ri Jing Ji Xin Wen· 2025-09-16 05:03
(文章来源:每日经济新闻) 方正证券认为,江苏雷利的机器人业务研发实力强,产品品类丰富。机器人核心零部件方面,公司自主 研发了空心杯电机、精密齿轮箱、滚珠丝杠、行星滚柱丝杠、无框力矩电机等产品。后续预计将通过对 外投资、产业合作等方式,布局高精度传感器、编码器及驱动控制组件。线性关节方面,公司已推出多 款执行器产品;公司的"丝杆+行星齿轮箱+直流电机+编码器"组件可用于灵巧手中,实现高精度、高响 应的末端操作。 机器人ETF(562500)是全市场唯一规模超百亿的机器人主题ETF,成分股覆盖人形机器人、工业机器 人、服务机器人等多个细分领域,帮助投资者一键布局机器人上中下游产业链。场外联接(华夏中证机 器人ETF发起式联接A:018344;华夏中证机器人ETF发起式联接C:018345)。 今日截至10点30分,受到宇树开源世界模型UnifoLM-WMA-0的利好催化,宇树机器人概念指数强势拉 升,涨幅位居市场前列。机器人ETF(562500)上涨1.06%,继盘初跳空高开后,横盘高位蓄势吸筹。 持仓股方面,伟创电气领涨6.19%,奥比中光、双环传动、步科股份、海得控制涨幅超5%。规模方面, 机器人ETF备受 ...