证券日报网讯12月9日，广联航空（300900）在互动平台回答投资者提问时表示，公司将航空航天装备 制造核心能力延伸至人形机器人赛道，项目进展初具成果。相关产品采用航空标准工艺，金属件公差控 制在±0.02mm内，复材件强度大幅提升，可匹配机器人严苛精密要求，目前已向部分业内头部企业交付 小腿、膝盖、灵巧手关节组件等金属零部件及脚掌、后背壳体等复材件，产品进入客户验证阶段并有望 获取后续订单。工业机器人应用属于对公司装配产线业务的产业升级，已成功运用AGV、智能立体 库、作业机器人等核心自动化装备为多条装配产线数字化赋能，使航空航天等高端装备由传统装配模式 向数字化、智能化装配模式转变。 ...

Investment Rating - The investment rating for the company is "Buy" [4] Core Insights - The company is set to issue H shares, with the Hong Kong Stock Exchange reviewing its listing application and the board approving the global offering [1] - The humanoid robot business has secured over 100 million yuan in orders from Zhiyuan, marking a significant step in its operational deployment in the automotive parts manufacturing sector [2] - The company has received a total of approximately 15 billion yuan in new orders for intelligent driving products, with plans for mass production by 2027 [2][3] - Revenue and profit for the first half of 2025 showed steady growth, with revenue reaching 30.3 billion yuan, a year-on-year increase of 12%, and net profit of 710 million yuan, up 11% year-on-year [3] - The company's gross margin improved to 18.2%, an increase of 2.6 percentage points year-on-year, indicating a recovery in profitability [3] Financial Forecast and Valuation - Revenue projections for 2025-2027 are 645 billion, 665 billion, and 710 billion yuan, representing year-on-year growth rates of 16%, 3%, and 7% respectively [4] - Net profit forecasts for the same period are 1.53 billion, 1.83 billion, and 2.16 billion yuan, with compound annual growth rates of 31% from 2024 to 2027 [4] - The company is expected to maintain a price-to-earnings ratio (P/E) of 28, 23, and 20 for 2025-2027 [4]