证券日报网讯1月15日，联合动力（301656）在互动平台回答投资者提问时表示，公司高度重视投资者 关切，上市后始终聚焦主业发展，通过强化核心竞争力为股东创造长期价值。作为新能源汽车动力系统 领域的重要参与者，公司上市的核心目标是借助资本市场平台，加速推进"新能源汽车核心零部件生产 建设项目"和"研发中心建设及平台类研发项目"，缓解产能瓶颈并提升技术研发实力，为行业发展和股 东回报奠定坚实基础。二级市场股价受宏观环境、行业周期、市场情绪等多重复杂因素影响，尤其对于 新上市企业而言，股价表现需要结合长期发展视角客观看待。公司当前的核心任务是深耕电驱系统、电 源系统等核心业务，通过技术创新(如第六代产品平台预研)、规模效应提升、运营效率优化及海外市场 拓展(如沃尔沃、捷豹路虎等国际客户定点)，持续增强盈利能力。公司坚信，企业的长期价值最终将通 过稳健的经营业绩和核心竞争力的提升得到市场认可，公司也将始终以股东利益为导向，积极履行信息 披露义务，与投资者保持坦诚沟通。 ...

Core Insights - The company reported strong financial performance for the first three quarters of 2025, with revenue and net profit increasing by 35.52% and 38.38% respectively, marking its first earnings report since going public [1] - The company is focusing on enhancing its technological moat through significant R&D investments, which grew by 49.49% to 9.59 billion yuan, supporting its strategy of continuous product innovation [2] Financial Performance - For the first three quarters of 2025, the company achieved revenue of 14.525 billion yuan and a net profit attributable to shareholders of 0.792 billion yuan [1] - The non-recurring net profit was 0.738 billion yuan, reflecting a year-on-year growth of 31.41% [1] R&D and Technological Development - The company is advancing its sixth-generation product platform, which is set to enter the A-sample development phase, focusing on multi-voltage architecture and smart operation systems [3] - The fifth-generation product platform has achieved significant milestones, including stable mass production and project designations from major automotive manufacturers [2] Market Expansion - The company is experiencing growth in both domestic and international markets, with a balanced customer structure and increasing market share in the domestic sector [4] - In the international market, the company has seen a compound annual growth rate of nearly 450% in overseas revenue over the past three years, with significant partnerships established with major global automotive brands [5] Industry Trends - The company is well-positioned to capitalize on the growing global smart chassis market, projected to exceed 80 billion USD by 2025, with a focus on key technologies such as steer-by-wire [3][5] - The overall automotive industry is transitioning from quantity expansion to quality improvement, with a strong emphasis on technological innovation and supply chain restructuring [6]