一家卖"绳子"的公司，12天拿下6个涨停，这究竟是黑马逆袭，还是又一场击鼓传花的游戏？ 谁能想到，一家主业是软索具、钢丝绳的公司——巨力索具（002342），居然也一脚油门，蹭上了商业 航天这趟星际快车！ 去年底，公司在机构调研中透露：要把技术延伸到商业航天领域，不仅能造国内首创的"可回收火箭捕 获臂"，连火箭地面试验的拉索装置也不在话下。 家族减持与公司盈利之间的巨大落差，难免让投资者心里打鼓。 乐观者认为巨力索具有技术壁垒、未来可期；谨慎者则指出，商业航天营收占比极低，巨力索具资产负 债率达54.48%，销售净利率为负，基本面薄弱，股价与业绩严重不匹配。 热闹是真热闹，靠谱不靠谱却要打上问号。 巨力索具的这波上涨更像一场流量狂欢，别被热点冲昏了头脑，概念再火也抵不过基本面的薄弱。毕竟 击鼓传花终有散场时，唯有真盈利，才能走得远。 与此同时巨力索具的业绩也迎来好消息，2025年预计盈利1600万至2100万，相比2024年亏损4681万，同 比暴涨134%至145%，扭亏为盈的业绩又为股价增添了几分底气。 但狂欢的股价，难掩业绩的疲软。 上市15来，巨力索具业绩时而亏损、时而盈利，累计赚了6.7亿，远不及实 ...

一家卖"绳子"的公司，12天拿下6个涨停，这究竟是黑马逆袭，还是又一场击鼓传花的游戏？ 资料显示，巨力索具的实际控制人为杨建忠、杨建国、杨会德、杨子四兄弟。 自2013年限售解禁后，杨氏家族便开始频繁减持，累计套现超25亿，持股比例从上市初的73.75%骤降 至28.27%；而杨子本人也在2013年后通过多次减持清仓，套现约2亿。 谁能想到，一家主业是软索具、钢丝绳的公司——巨力索具，居然也一脚油门，蹭上了商业航天这趟星 际快车！ 去年底，公司在机构调研中透露：要把技术延伸到商业航天领域，不仅能造国内首创的"可回收火箭捕 获臂"，连火箭地面试验的拉索装置也不在话下。 今年1月，更是在互动平台"官宣"：蓝箭航天已是合作伙伴。 市场的热情瞬间被点燃。随着商业航天概念起飞，巨力索具股价也从7块多一路冲到17块多，一个多月 涨了130%；更绝的是，它的走势和商业航天板块堪称"神同步"：板块涨它就冲，板块跌它立马怂，简 直是概念股的"课代表"。 与此同时巨力索具的业绩也迎来好消息，2025年预计盈利1600万至2100万，相比2024年亏损4681万，同 比暴涨134%至145%，扭亏为盈的业绩又为股价增添了几分底气。 ...

Core Viewpoint - Company is transitioning from a traditional rigging manufacturer to a provider of marine engineering and high-end equipment solutions, targeting the trillion-dollar marine economy industry [1][5] Company Overview - Established in 1985, Company has become a leading player in the rigging industry in China, holding a dominant market position with significant technological advantages and extensive market coverage [2][3] - Main products include soft rigging, chains, steel wire ropes, and various rigging equipment, widely used across multiple sectors such as manufacturing, mining, construction, and marine industries [2] Strategic Initiatives - Company held its first investor meeting in 15 years on October 11, 2023, attracting over 120 participants from media, securities firms, and investment institutions [1] - In response to the national "Deep Sea Technology" strategy, Company announced a 100 million yuan investment to establish a wholly-owned subsidiary, Giant Rigging Marine Technology (Tianjin) Co., Ltd. [5][6] Technological Advancements - Company has developed key technologies for marine engineering equipment, including long-term mooring systems, and holds nearly 366 patents, with 66 being invention patents [3][4] - Recent achievements include the successful development of a domestic long-term mooring system and participation in significant projects like the "Three Gorges Leading No." and offshore wind power systems [4][6] Market Opportunities - The marine engineering sector is experiencing rapid growth, with significant demand for floating wind turbines and mooring systems, potentially leading to a market scale of hundreds of billions [7] - Company aims to become a core supplier in the deep-sea mooring market, leveraging its unique capabilities in providing complete mooring solutions [7][8] Financial Performance - In the first half of 2025, Company reported revenue of 1.14 billion yuan, a year-on-year increase of 17.45%, and a net profit of 9.35 million yuan, up 137.21% [8][9] - R&D investment reached 10.61 million yuan, a 96.72% increase year-on-year, supporting ongoing technological innovation [9]

Core Viewpoint - In the first half of 2025, under the favorable conditions of marine engineering, new energy infrastructure, and the "Belt and Road" international cooperation, the company achieved significant growth in both revenue and net profit, showcasing continuous innovation and upgrades in its products [1][2]. Financial Performance - The company reported a revenue of 1,140.01 million yuan, representing a year-on-year increase of 17.45% [2]. - The net profit attributable to shareholders reached 9.35 million yuan, up 137.21% year-on-year [2]. - The non-recurring net profit was 5.60 million yuan, a substantial increase of 450.30% compared to the same period last year [2]. Product Performance - The synthetic fiber lifting belt saw the highest growth rate, achieving revenue of 192.63 million yuan, a 25.55% increase year-on-year [3]. - Revenue from engineering and metal locks, a major contributor, reached 515.90 million yuan, up 18.26% year-on-year [3]. - Revenue from steel wire ropes and related products increased by 6.41% to 337.11 million yuan [3]. Market Trends - The lifting gear industry is experiencing steady growth, driven by demand in both traditional and emerging sectors [4]. - New energy sectors, particularly wind and solar power, are increasing the demand for high-strength and deep-sea economic lifting gear [4]. - The company is actively diversifying its business to align with market trends, particularly in new energy and international markets [4]. Global Expansion - The company achieved overseas revenue of 167.64 million yuan, a year-on-year increase of 12.26% [5]. - Domestically, revenue reached 972.37 million yuan, reflecting an 18.40% increase year-on-year [5]. - The company has established over 100 branches domestically and a sales network in more than 100 countries, focusing on providing comprehensive lifting solutions [5]. Innovation and R&D - The company invested 60.87 million yuan in R&D during the reporting period, holding 366 valid patents, including 66 invention patents [7]. - Key R&D areas include marine engineering, new energy applications, and foundational research on smart lifting gear [7]. - The company has made significant advancements in deep-sea mooring systems, achieving international leading technical standards [7]. Future Outlook - The company is poised for a new growth cycle, driven by the global offshore wind power installation surge, accelerated infrastructure projects under the "Belt and Road" initiative, and the release of deep-sea technology policy dividends [8].