证券研究报告 公司研究 / 首次覆盖 2025 年 12 月 17 日 携手 Molicel 拓展海外高端市场，全球 份额持续提升 电力设备 报告原因： | 买入 (首次评级) | | --- | | 市场数据： | 2025 | 年 | 月 | 17 | 日 | 12 | | --- | --- | --- | --- | --- | --- | --- | | 收盘价（元） | | | | 15.93 | | | | 一年内最高/最低（元） | | | | 21.45/9.94 | | | | 市净率 | | | | 2.5 | | | | 股息率（分红/股价） | | | | 0.42 | | | | 流通 A 股市值（百万元） | | | | 17,287 | | | | 上证指数/深证成指 | | | 3,870/13,225 | | | | | 注："股息率"以最近一年已公布分红计算 | | | | | | | | 基础数据： | | | 年 | 月 | 日 | | | 2025 | 09 | 30 | | --- | --- | --- | --- | --- | --- | --- | --- ...

Group 1 - The core viewpoint of the article is that the metal logistics business of Weilan Lithium is stable and has consistently contributed profits to the company since its establishment, despite fluctuations in metal prices this year [2]. Group 2 - The metal logistics business involves steel and aluminum plates, which have not significantly impacted the company's operations due to price volatility [2].