长江商报消息 "投资武汉，共赢未来"。12月18日，2025年度武汉投资促进大会在武汉会议中心开幕。 本次大会共邀请世界500强企业代表、大型跨国公司代表、科技创新型企业代表，其他知名企业及商协 会代表等约240人参加，畅叙合作、共谋发展。 多家行业领军企业宣布了在武汉的最新投资布局，展现出对武汉发展潜力的强烈信心。活动现场共签约 产业项目160个，签约金额1109.7亿元，涵盖人工智能、新一代信息技术、大健康和生物制造、数字经 济、光电子信息、智能网联汽车等多个产业领域。 会上，武汉市科技创新局围绕打造国家科技创新中心作推介时透露，根据"自然指数—科研城市"排名， 武汉科研已位居全球第8，较2020年全球位次上升5位。 逾千亿元项目签约 本次大会共签约产业项目160个，签约金额1109.7亿元，10亿元以上签约项目38个，签约金额813亿元。 登台签约项目56个，其中，产业项目48个，签约金额616.2亿元；城市更新类项目8个，签约金额120.4亿 元。 此外，大会还举办了以人工智能、生物制造、数字经济及城市更新发展为主题的四场专题对接活动，为 加快建设国家中心城市、全力打造"五个中心"、全面建设现代化大武 ...

12月18日，证券时报记者从"投资武汉共赢未来"2025年度武汉投资促进大会了解到，现场签约160个产 业项目，总金额1109.7亿元，涵盖人工智能、新一代信息技术、大健康和生物制造、数字经济、光电子 信息、智能网联汽车、新能源、新材料、高端装备制造等多个产业领域。 零一万物CEO李开复通过视频发言表示，武汉明确提出要打造具有全国影响力的AI之城、低空之城、 世界存储之都。这里有扎实的算力底座和AI底座，以及丰富多元的应用场景，是大模型赋能实体产业 的最佳土壤。公司期待与武汉同行，一起将这里建设成为数智经济新高地，共同迈向AI黄金十年。 据悉，零一万物将在硚口区设立数据要素产业基地。该基地将依托零一万物技术、品牌优势以及产业运 营伙伴资源，建立活跃繁荣的人工智能算法、数据、人才培养产业创新生态，为区域发展人工智能产业 提供有力支撑。 "我们将把发展重心进一步向湖北、向武汉倾斜，在东湖高新区追加投资，推进全球高端医疗装备创新 制造基地建设。"联影集团董事长薛敏介绍，自2013年在光谷设立研发中心以来，联影实现了一系列"卡 脖子"技术的突破和产业化，80多张医疗器械注册证在此诞生。 "十五五"即将开启，薛敏介绍， ...

"我们将把发展重心进一步向湖北、向武汉倾斜，在东湖高新（600133）区追加投资，推进全球高端医 疗装备创新制造基地建设。"联影集团董事长薛敏介绍，自2013年在光谷设立研发中心以来，联影实现 了一系列"卡脖子"技术的突破和产业化，80多张医疗器械注册证在此诞生。 据介绍，在科技创新领域，武汉持续实施科技型企业梯度培育计划，为创新创业提供全链条、多层次支 撑；在商贸领域，武汉计划加大离境退税门店布局，不断增强入境消费吸引力；在城市更新领域，武汉 已启动首批80个片区改造，正探索多元复合式开发模式。 此外，人工智能领域同样动作频频。新落地武汉的零一万物人工智能产业基地项目，具体位于硚口区。 值得注意的是，多家公司选择在武汉加码投资，并公布的最新投资计划。 12月18日，证券时报记者从"投资武汉共赢未来"2025年度武汉投资促进大会了解到，现场签约160个产 业项目，总金额1109.7亿元，涵盖人工智能、新一代信息技术、大健康和生物制造、数字经济、光电子 信息、智能网联汽车、新能源、新材料、高端装备制造等多个产业领域。 "十五五"即将开启，薛敏介绍，联影将在武汉干好三件事：以投资"以投促产"；攻坚AI医疗、医疗机 ...

格隆汇12月2日丨云意电气(300304.SZ)在投资者互动平台表示，公司暂未具备PEEK材料成型相关技 术，未来将结合行业发展趋势与自身业务规划，积极探索该技术的研发与应用可能性。公司高压连接器 技术已实现市场化应用，目前客户涵盖徐工动力、博世等企业，该业务当前收入占公司总营收比重较 小，不会对公司整体经营业绩产生重大影响。 ...

Group 1 - The core viewpoint of the article highlights the growth and advancements in the company's new energy vehicle (NEV) business, which includes electric vehicle charging guns, charging stations, high-voltage wiring harnesses, high-voltage connectors, and thermal runaway protection products for power batteries, benefiting from the rapid development of the NEV industry and the company's leading position and continuous R&D innovation [2] - The company's NEV-related products have maintained a strong growth trend, with a compound annual growth rate (CAGR) exceeding 30% over the past three years [2] - The company has successfully applied its nuclear-grade (1E grade) cable accessory products in multiple domestic and international nuclear power projects, achieving a leading bid-winning rate in the industry [2] Group 2 - The company has completed the research and identification of cable accessories for nuclear power plants with an 80-year service life, filling an international gap and reaching an advanced level globally [2] - The company will comply with relevant disclosure requirements for information disclosure and encourages stakeholders to pay attention to related announcements [2]

Core Viewpoint - The company is experiencing significant growth in its new energy vehicle (NEV) business, with a compound annual growth rate (CAGR) exceeding 30% over the past three years, and anticipates continued rapid growth in 2024 and 2025 [2] Group 1: New Energy Vehicle Business - The company's NEV products include electric vehicle charging guns, charging stations, high-voltage wiring harnesses, high-voltage connectors, and thermal runaway protection products for power batteries [2] - The growth of the NEV business is attributed to the ongoing rapid development of the NEV industry, the company's leading position in the market, and continuous research and development innovations [2] Group 2: Nuclear Power Business - The company's nuclear-grade (1E grade) cable accessory products have been successfully applied in various nuclear power projects both domestically and internationally, achieving a leading bid-winning rate in the industry [2] - The company has completed the research and certification of cable accessories for nuclear power plants with an 80-year lifespan, filling an international gap and reaching an advanced level globally [2] - The company will disclose relevant information according to disclosure requirements and encourages stakeholders to pay attention to related announcements [2]

Summary of Key Points Core Viewpoint The Beijing Stock Exchange (BSE) has seen a decrease in trading volume and value over the past week, with a total of 282 listed companies as of November 16, 2025. The market is experiencing a slowdown in new listings and IPO activities, while some companies are progressing through the listing process. Trading Activity - As of November 16, 2025, the BSE has 282 listed companies with a total share capital of 39.228 billion shares and a circulating share capital of 25.056 billion shares [2] - The weekly trading volume from November 10 to November 16 was 4.909 billion shares, a decrease of 0.32% compared to the previous week [3] - The weekly trading value was 106.96 billion yuan, down 5.86% from the previous week [3] - The average trading price was 21.79 yuan, reflecting a decrease of 5.56% [3] - The BSE 50 Index fell by 0.56% to 1514.20 points, with 18 stocks rising and 32 falling [3] New Listings and IPOs - During the week of November 10 to November 16, one company opened for subscription, two companies passed the review, and one company's listing application was accepted [5][17] - As of November 16, 2025, there are 111 companies awaiting review, including 2 that are "accepted," 95 that are "inquired," 8 that have been "approved by the listing committee," and 6 that have "submitted registration" [5] - No companies were listed or received registration approval during this period [12][19] Company Highlights - Nantong Technology Co., Ltd. plans to raise 286 million yuan for projects related to high-end precision components [9] - From 2022 to 2024, Nantong Technology reported revenues of 834 million yuan, 938 million yuan, and 1.031 billion yuan, with net profits of 46.64 million yuan, 84.18 million yuan, and 98.22 million yuan respectively [10] - Changzhou Tongbao Optoelectronics Co., Ltd. aims to raise 330 million yuan for projects in the new energy vehicle sector [15] - Shandong Agricultural University Fertilizer Technology Co., Ltd. plans to raise 413 million yuan for various agricultural projects [16] - Guangdong Hengji Metal Co., Ltd. has had its listing application accepted and plans to raise 440 million yuan for new production facilities [18] Counseling and Review Process - One company passed the counseling acceptance during the week, while three companies entered the counseling period [20][23] - Companies are actively engaging in the counseling process to prepare for future IPOs, with several companies having their counseling applications accepted [21][25]

Investment Rating - The investment rating for the company is "Buy" and is maintained [6]. Core Insights - The company reported a revenue of 5.838 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 5.54%. However, the net profit attributable to shareholders decreased by 3.10% to 425 million yuan. The Q3 revenue fell short of expectations, leading to short-term pressure on profitability. The core business remains stable, and the robotics segment is beginning to show a second growth curve. The projected net profits for 2025-2027 are 720 million, 990 million, and 1.25 billion yuan, respectively, with corresponding PE ratios of 20.5X, 15.0X, and 11.8X [2][4][11]. Summary by Sections Financial Performance - For Q3 2025, the company achieved a revenue of 2.209 billion yuan, with a quarter-on-quarter increase of 4.5% and a year-on-year increase of 5.8%. However, this performance was below expectations due to fluctuations in sales from key downstream customers. The net profit for Q3 was 148 million yuan, down 19.1% compared to the previous quarter and year [11]. Business Stability and Growth - The core business continues to grow steadily, supported by models such as the Wanjie M8/M9 and the Shangjie H5. The company anticipates significant revenue growth in Q4 due to scale effects. The company is also extending its connector product line to enhance value and has developed a comprehensive solution for high-voltage electrical systems [11]. Robotics Segment - The company has established a dedicated R&D team for robotics harnesses and connectors, successfully providing multiple product series to a leading AI company. The robotics segment is expected to initiate a second growth curve, leveraging the industrial base in areas like Tokunshan and Zhangpu [11]. Profit Forecast - The company forecasts net profits of 720 million, 990 million, and 1.25 billion yuan for 2025, 2026, and 2027, respectively, with PE ratios of 20.5X, 15.0X, and 11.8X. The company is recognized as a domestic leader in automotive wiring harnesses [11].

Core Viewpoint - In Q3 2025, the company achieved revenue of 2.2 billion yuan, a year-on-year increase of 4.5% [2] Financial Performance - For the first three quarters of 2025, the company reported revenue of 5.838 billion yuan, up 5.54% year-on-year, and a net profit attributable to shareholders of 425 million yuan, down 3.10% year-on-year [3] - In Q3 2025, the company achieved revenue of 2.209 billion yuan, a year-on-year increase of 4.47% and a quarter-on-quarter increase of 5.82% [8] - The gross profit margin in Q3 2025 was 15.4%, down 4.9 percentage points year-on-year and down 1.2 percentage points quarter-on-quarter [5][18] - The net profit margin in Q3 2025 was 6.7%, down 2.0 percentage points year-on-year and down 2.1 percentage points quarter-on-quarter [5][18] Business Development - The company focuses on high and low voltage harnesses, with a dual increase in volume and price [6] - The company has made significant progress in new product categories such as drone harnesses and robotic harnesses, successfully delivering hundreds of units and securing new project orders [7] - The company has diversified its customer base, with the top five customers' revenue share decreasing from 99% in 2015 to 80.22% in 2024, with a significant contribution from new energy vehicle clients [7][28] Strategic Initiatives - The company is actively optimizing its customer structure and expanding its market presence, focusing on high-quality development and technological innovation [33][37] - The company is enhancing its connector product line to increase added value and create a second growth engine [34] - The company is investing in innovative technologies and exploring new fields, including drone and robotic harnesses, to build a diversified business layout [36]

Investment Rating - The investment rating for the company is "Outperform the Market" [5][42]. Core Views - The company achieved a revenue of 2.2 billion yuan in Q3 2025, representing a year-on-year growth of 4.5%. For the first three quarters of 2025, the total revenue reached 5.838 billion yuan, an increase of 5.54% year-on-year, while the net profit attributable to the parent company was 425 million yuan, a decrease of 3.10% year-on-year [1][8]. - The company is actively expanding into new product categories such as robot harnesses and drone harnesses, which are expected to drive future growth [2][30]. - The company has seen a decline in gross margin, which was 15.4% in Q3 2025, down 4.9 percentage points year-on-year and 1.2 percentage points quarter-on-quarter [2][17]. Financial Performance - In Q3 2025, the company reported a net profit of 148 million yuan, down 19.10% year-on-year and quarter-on-quarter [1][8]. - The company's gross margin for the first three quarters of 2025 was 15.6%, a decrease of 1.6 percentage points year-on-year, while the net margin was 7.3%, down 0.6 percentage points year-on-year [17][2]. - The company’s revenue projections for 2025, 2026, and 2027 have been adjusted to 9.1 billion, 11.5 billion, and 13.3 billion yuan respectively, with net profit estimates revised to 710 million, 920 million, and 1.13 billion yuan [3][42]. Market Position and Strategy - The company is a leading player in the automotive wiring harness sector, focusing on high and low voltage harness products, and is expanding its capacity for high voltage harnesses [2][30]. - The company has diversified its customer base, with the top five customers' revenue share decreasing from 99% in 2015 to 80.22% in 2024, indicating a broader market reach [2][32]. - The company is enhancing its technological capabilities and expanding into new markets, including drone and robotics sectors, to capture emerging opportunities [38][40].