国机精工(002046.SZ)发布投资者关系活动记录表公告称，国机精工下属轴研所是我国航天、航空、舰 船和核工业等领域配套轴承的主要研制单位，具有完善的特种轴承研发、制造、服务体系，圆满完成中 国航天发展史上具有里程碑意义的"东方红""长征""神舟""嫦娥""天问"等航天工程配套任务，技术水平 国内领先，航天领域特种轴承重点产品配套率90%以上。风电轴承业务增速强劲，是公司规模跃升的重 要驱动力。国机精工下属轴研科技，强化科技创新与产业创新深度融合，着力攻关风电轴承关键技术和 精密高效制造工艺，成功研制国产首台8兆瓦、18兆瓦风电轴承产品，自主研发世界首台26兆瓦系列主 轴轴承及齿轮箱轴承，实现由跟踪模仿到开创引领的跨越，极大促进了风电产业链的安全、自主、可 控。 ...

国机精工 20260106 摘要 国际精工军工轴承业务市场份额高达 90%，年收入 4-5 亿元，毛利率 45%-50%；风电轴承预计 2025 年收入达 8 亿元，但毛利率较低，为 20%-25%；精密机床轴承收入约 1 亿元，毛利率约 30%。 国际金刚石公司超硬材料业务核心为超轻材料模具，年收入 6-7 亿元， 毛利率约 60%，主要应用于半导体领域（占比 60%-70%），其余应用 于汽车、光伏等行业。 公司积极布局商业航天领域，提供卫星和火箭轴承，预计单个商业卫星 轴承价值量 10-20 万元，火箭轴承价值量 70-80 万元，毛利率 40%以 上，主要客户为国内知名火箭公司。 人形机器人方面，公司主攻交叉滚子轴承，主要客户为蓝黛科技，但尚 未与本体公司深度合作，业务体量较小，仅几百万元。交叉滚子轴承毛 利率约 30%。 公司正开发金刚石功能化应用，包括散热片、窗口片和声学膜，主要应 用于国防领域，尚未实现大规模民用收入，但下游客户测试反馈积极， 预计功能化应用年收入超千万元。 Q&A 请介绍一下国际精工在 2025 年的主要业务情况。 国际精工的主要业务包括轴承和超硬材料两大部分。轴承业务由洛阳轴 ...

截至9月30日，恒润股份股东户数5.03万，较上期增加27.03%；人均流通股8770股，较上期减少 21.28%。2025年1月-9月，恒润股份实现营业收入31.26亿元，同比增长193.53%；归母净利润6430.77万 元，同比增长187.28%。 分红方面，恒润股份A股上市后累计派现2.87亿元。近三年，累计派现1763.43万元。 机构持仓方面，截止2025年9月30日，恒润股份十大流通股东中，香港中央结算有限公司位居第六大流 通股东，持股461.36万股，相比上期减少62.36万股。 责任编辑：小浪快报 1月6日，恒润股份（维权）涨1.90%，成交额1.53亿元。两融数据显示，当日恒润股份获融资买入额 1337.21万元，融资偿还1626.48万元，融资净买入-289.26万元。截至1月6日，恒润股份融资融券余额合 计2.39亿元。 融资方面，恒润股份当日融资买入1337.21万元。当前融资余额2.39亿元，占流通市值的3.48%，融资余 额低于近一年50%分位水平，处于较低位。 融券方面，恒润股份1月6日融券偿还0.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0.00元； 融券余量1. ...

2026年1月6日，国机精工披露接待调研公告，公司于1月6日接待淡水泉（北京）投资管理有限公司、北 京城天九投资有限公司、北京恒德时代私募基金管理有限公司、北京玺悦资产管理有限公司、北信瑞丰 基金管理有限公司、博时基金管理有限公司等57家机构调研。 调研情况显示，国机精工2025年主营业务核心分为轴承业务和超硬材料业务。轴承业务包括特种轴承 （应用于航天、航空等领域，航天市占率约90％）、风电轴承（增速较快，涵盖主轴、齿轮箱及偏航变 桨轴承）和精密机床轴承（发展稳定，主要为精密机床主轴及滚珠丝杠轴承）；超硬材料业务由公司持 股67％的国机金刚石运营，核心为超硬材料磨具，服务于半导体、汽车等领域，竞争对手以国际跨国企 业为主。 公司未来业务布局重点包括商业航天轴承、人形机器人轴承、金刚石散热片和光学窗口片等，将作为第 二增长曲线主力军。除轴承外，公司还为卫星、火箭提供部分动量轮，不提供其他结构件；卫星和火箭 用轴承因工况特殊、技术壁垒高、可靠性要求高，短期内竞争相对有序，长期或加剧；机器人轴承已纳 入"十五五"业务板块规划，未来重点聚焦交叉滚子轴承等高附加值产品。 金刚石散热业务方面，其功能化应用包括散热片、光 ...

新华社记者戴小河、王悦阳 新华财经北京12月25日电题：从"一叶风车"的转动，看风电产业绿色突围 风，席卷黄海之滨，让三峡江苏大丰海上风电场每年"转"出28亿千瓦时绿电；风，穿越戈壁沙漠，将新 疆的清洁电力送往千里之外的山城重庆；风，驰骋内蒙古草原，通过特高压通道为全国11省份输送源源 不断的绿色动能。 这些跨越山海的绿电穿梭，既见证着我国风电产业从追赶到领跑的跨越式发展，更藏着能源转型的深层 密码、技术突破的坚韧力量。 作为全球最大、发展最快的可再生能源体系核心组成部分，我国风电装机规模已连续15年稳居世界第 一。 国家能源局数据显示，截至2025年11月底，我国风电装机容量已达6亿千瓦，稳稳占据清洁能源装机的 主力位置。 风车的身影，正遍布祖国各地。在区域发展上，我国风电产业的多元化态势愈发鲜明： 冀北3700多万千瓦的风电装机，为京津冀地区的绿电需求构建起强大供给网，今年以来累计发电量已超 600亿千瓦时； 江苏海上风电从2004年如东一期10万千瓦项目蹒跚起步，如今并网规模已突破1200万千瓦，在蔚蓝海岸 竖起了成片的绿色巨塔； 新疆华电新能天山北麓基地810万千瓦装机即将整体投产，前期投运项目今年以 ...

证券日报网12月23日讯国机精工（002046）在接受投资者提问时表示，2025年前三季度，公司经营业绩 稳中有升。从收入端看，实现营业收入22.96亿元，同比增加4.9亿元，同比增长27%，特种及精密轴 承、超硬材料磨具这两大核心产品合计收入同比增幅超50%，主要的贡献因素是风电轴承业务的增长。 从利润端看，前三季度，公司毛利总额7.97亿元，同比增加1.3亿元，同比增长20%；净利润2.45亿元， 同比增加3265万元，同比增长15.4%；归母净利润2.06亿元，与去年同期相比略有增长，影响归母净利 润增速的主要因素是，超硬材料业务于今年3、4月份注入国机金刚石，公司对超硬材料业务的权益从 100%降到67%，超硬材料业务创造的部分收益成为少数股权权益。 ...

Core Viewpoint - Guojijinggong (stock code: 002046.SZ) has become the most attractive listed company in Henan in the second half of this year, receiving a total of 24 institutional research visits and attracting 208 institutions in the past six months, indicating strong investor interest [2][12]. Group 1: Institutional Interest - The company has hosted an average of four institutional research visits per month since June 20, with 24 research reports announced [2][12]. - In a single day, the company received 23 institutions on October 30, and conducted two research sessions on September 11, showcasing high engagement from investors [3][13]. - The company is seen as a technology-driven and innovative enterprise, operating in the bearing and abrasive tools industry, with products used in key sectors such as aerospace, military, electronics, and renewable energy [3][13]. Group 2: Product Focus - Institutions are particularly interested in the company's product innovations, especially in functional applications of diamond products and specific types of bearings such as wind power, aerospace, and robotics [3][13]. - The diamond product line includes diamond tools, composite diamond materials, and functional applications, with a focus on high-quality production methods like MPCVD [4][15]. - The company has begun generating revenue from diamond functional applications in 2023, with expectations to exceed 10 million yuan by 2025 [5][15]. Group 3: Business Growth and Performance - The wind power bearing segment has seen significant growth, with an increase of over 200% this year, driven by the demand for large-scale products [6][16]. - The company has successfully developed key technologies in wind power bearings, including the first domestically produced 8MW and 18MW products, and the world's first 26MW main shaft bearing [6][16]. - In the first three quarters of this year, the company achieved revenue of 2.296 billion yuan, a year-on-year increase of 27.17%, and a net profit of 206 million yuan, marking a 0.79% increase [8][18]. Group 4: Future Outlook - The company aims to enhance its bearing products for commercial aerospace and expand into high-value products for humanoid robots, indicating a strategic focus on emerging markets [7][17]. - The diamond functional applications, commercial aerospace bearings, and humanoid robot bearings are expected to become significant growth drivers in the next 3-5 years [7][17]. - Foreign investment interest is also notable, with significant share purchases by foreign institutions, indicating confidence in the company's future prospects [10][20].

（文章来源：证券日报） 证券日报网12月17日讯国机精工在12月15日回答调研者提问时表示，轴承业务毛利率下降主要有两个原 因：一是风电轴承业务增长快但毛利率低，拉低了整体毛利率；二是特种轴承受价格下降影响毛利率有 所降低。 ...

证券日报网12月15日讯国机精工（002046）在12月12日回答调研者提问时表示，今年公司风电业务增 长，一是风电市场整体增长的大环境影响；二是公司前期技术改革投入后，技术与生产能力大幅提升， 全系列风电轴承产品实现突破，26兆瓦系列主轴轴承和齿轮箱轴承率先研发成功。 ...

Company Overview - The history of Guojijiangong dates back to the establishment of the Luoyang Bearing Research Institute and Zhengzhou Abrasives Research Institute in 1958, with the company listed on the Shenzhen Stock Exchange in 2005 [2][3] - The company focuses on precision manufacturing, driven by technological innovation, to provide key products, technologies, and services that meet national strategic needs [2][3] Business Segments and Applications - Guojijiangong operates in five major sectors: new materials, basic components, machine tools, high-end equipment, and supply chain management, with applications in aerospace, military, electronics, renewable energy, high-end machine tools, and automotive industries [2][3] - The company has achieved over 2,400 research results and has established 42 national and provincial-level innovation platforms [3] Financial Performance - In the first three quarters of 2025, the company reported a revenue of CNY 2.296 billion, a year-on-year increase of 27% [4] - Gross profit totaled CNY 797 million, up 20% year-on-year, while net profit reached CNY 245 million, reflecting a 15.4% increase [4] Business Highlights Bearing Business - The special bearing segment has shown steady growth, with a 90% supply rate for key aerospace projects [5][6] - Wind power bearing business has been a significant growth driver, with the company developing the first domestically produced 8 MW and 18 MW wind power bearings [5][6] Abrasives Business - The superhard materials segment continues to grow, with key products serving the semiconductor, automotive, and optical industries [6][7] - The company has made breakthroughs in diamond functional applications, which are expected to become a new source of profit [6][7] Strategic Focus - The company aims to strengthen its core business while optimizing its new business layout, focusing on traditional and emerging sectors for dual growth [8] - A comprehensive R&D system is being established to enhance innovation capabilities and drive industry advancement [8] Future Outlook - Guojijiangong plans to deepen its focus on bearings and abrasives, leveraging technological advantages to drive upgrades and breakthroughs [9] - The company aims to maintain a dividend payout ratio of no less than 40%, with a target to rank in the top 70% of listed companies for dividend payments [9][10] Investor Relations - The company emphasizes transparent governance and investor relations, aiming to build a trust system through comprehensive information disclosure and engagement activities [10][11]