数据显示，万家基金旗下1只基金重仓铂力特。万家互联互通中国优势量化策略混合A（010296）二季 度持有股数12.89万股，占基金净值比例为2.69%，位居第九大重仓股。根据测算，今日浮盈赚取约 50.79万元。 万家互联互通中国优势量化策略混合A（010296）成立日期2020年11月4日，最新规模2.6亿。今年以来 收益40.62%，同类排名1933/8173；近一年收益65.67%，同类排名1802/8003；成立以来亏损5.9%。 万家互联互通中国优势量化策略混合A（010296）基金经理为尹航。 9月25日，铂力特涨5.27%，截至发稿，报78.69元/股，成交3.51亿元，换手率1.67%，总市值215.86亿 元。 资料显示，西安铂力特增材技术股份有限公司位于陕西省西安市高新区上林苑七路1000号，成立日期 2011年7月6日，上市日期2019年7月22日，公司主营业务涉及提供金属增材制造(3D打印)与再制造技术 全套解决方案。主营业务收入构成为：3D打印定制化产品及技术服务63.33%，3D打印设备、配件及技 术服务27.89%，3D打印原材料8.78%。 从基金十大重仓股角度 截至发稿，尹航 ...

Core Insights - The stock price of Plater has increased by 94.28% year-to-date, with a recent decline of 4.99% over the last five trading days [1] - The company has a market capitalization of 20.955 billion yuan and reported a net inflow of 5.7835 million yuan from major funds [1] - Plater's main business involves providing comprehensive solutions for metal additive manufacturing (3D printing) and remanufacturing technology [1] Financial Performance - For the first half of 2025, Plater achieved operating revenue of 667 million yuan, representing a year-on-year growth of 17.22% [2] - The net profit attributable to the parent company for the same period was 76.3143 million yuan, reflecting a year-on-year increase of 9.98% [2] - Cumulative cash dividends since the A-share listing amount to 82.677 million yuan, with 66.517 million yuan distributed over the past three years [3] Shareholder Information - As of June 30, 2025, the number of shareholders increased by 27.74% to 13,100, with an average of 20,671 circulating shares per person, down by 21.72% [2] - The fourth largest circulating shareholder is Invesco Great Wall Research Select Stock A, holding 6.3912 million shares, a decrease of 1.8179 million shares from the previous period [3] Market Activity - Plater has appeared on the "Dragon and Tiger List" three times this year, with the most recent appearance on July 3, where it recorded a net purchase of 53.1262 million yuan [1] - The company operates in the mechanical equipment sector, specifically in general equipment and other general equipment categories, and is involved in various concept sectors including commercial aerospace and drone technology [2]

Group 1 - The core viewpoint of the news is that Plater Technology's stock has increased by 5%, reaching 77.48 CNY per share, with a trading volume of 270 million CNY and a turnover rate of 1.29%, resulting in a total market capitalization of 21.254 billion CNY [1] - Plater Technology, established on July 6, 2011, and listed on July 22, 2019, is located in Xi'an, Shaanxi Province, and specializes in providing comprehensive solutions for metal additive manufacturing (3D printing) and remanufacturing technology [1] - The company's main business revenue composition includes 63.33% from customized 3D printing products and technical services, 27.89% from 3D printing equipment, accessories, and technical services, and 8.78% from 3D printing raw materials [1] Group 2 - According to data from the top ten heavy stocks of funds, Wan Jia Fund holds a significant position in Plater Technology through its fund, with 128,900 shares held, accounting for 2.69% of the fund's net value, ranking as the ninth largest heavy stock [2] - The fund "Wan Jia Interconnect China Advantage Quantitative Strategy Mixed A" (010296) was established on November 4, 2020, with a latest scale of 260 million CNY, achieving a return of 40.11% this year, ranking 1482 out of 8174 in its category [2] - The fund manager, Yin Hang, has a cumulative tenure of 5 years and 59 days, with the fund's total asset scale at 468 million CNY, achieving the best fund return of 58.15% and the worst return of -8.26% during his tenure [2]

Core Viewpoint - The stock of Plater Technology has shown significant growth in 2023, with a year-to-date increase of 94.69%, indicating strong market performance and investor interest [1][2]. Company Overview - Plater Technology, established on July 6, 2011, and listed on July 22, 2019, is based in Xi'an, Shaanxi Province, and specializes in providing comprehensive solutions for metal additive manufacturing (3D printing) and remanufacturing technology [1]. - The company's main revenue sources are: 63.33% from customized 3D printing products and technical services, 27.89% from 3D printing equipment, accessories, and technical services, and 8.78% from 3D printing raw materials [1]. Financial Performance - For the first half of 2025, Plater Technology reported a revenue of 667 million yuan, representing a year-on-year growth of 17.22%, and a net profit attributable to shareholders of 76.31 million yuan, up 9.98% year-on-year [2]. - Since its A-share listing, the company has distributed a total of 82.67 million yuan in dividends, with 66.51 million yuan distributed over the past three years [3]. Shareholder Information - As of June 30, 2025, the number of shareholders of Plater Technology increased by 27.74% to 13,100, with an average of 20,671 circulating shares per person, a decrease of 21.72% [2]. - Among the top ten circulating shareholders, Invesco Great Wall Research Select Stock A holds 6.39 million shares, having decreased its holdings by 1.82 million shares compared to the previous period [3]. Market Activity - On September 12, 2023, Plater Technology's stock price rose by 2.12% to 76.55 yuan per share, with a trading volume of 236 million yuan and a turnover rate of 1.14%, resulting in a total market capitalization of 20.999 billion yuan [1]. - The stock has appeared on the daily trading leaderboard three times this year, with the most recent instance on July 3, where it recorded a net purchase of 53.13 million yuan [1].

Core Viewpoint - The stock of Plater Technology has shown significant growth this year, with a year-to-date increase of 88.66%, indicating strong market performance and investor interest [1][2]. Company Overview - Plater Technology, established on July 6, 2011, and listed on July 22, 2019, is located in Xi'an, Shaanxi Province. The company specializes in providing comprehensive solutions for metal additive manufacturing (3D printing) and remanufacturing technology [1]. - The company's revenue composition includes 63.33% from customized 3D printing products and technical services, 27.89% from 3D printing equipment, accessories, and technical services, and 8.78% from 3D printing raw materials [1]. Financial Performance - For the first half of 2025, Plater Technology achieved a revenue of 667 million yuan, representing a year-on-year growth of 17.22%. The net profit attributable to the parent company was 76.31 million yuan, reflecting a growth of 9.98% [2]. - Since its A-share listing, the company has distributed a total of 82.67 million yuan in dividends, with 66.51 million yuan distributed over the past three years [3]. Shareholder Information - As of June 30, 2025, the number of shareholders for Plater Technology was 13,100, an increase of 27.74% from the previous period. The average circulating shares per person decreased by 21.72% to 20,671 shares [2]. - Among the top ten circulating shareholders, Invesco Great Wall Research Selected Stock A (000688) is the fourth largest, holding 6.39 million shares, a decrease of 1.82 million shares compared to the previous period [3]. Market Activity - On September 11, the stock price of Plater Technology rose by 2.04%, reaching 74.18 yuan per share, with a trading volume of 235 million yuan and a turnover rate of 1.18%. The total market capitalization stood at 20.349 billion yuan [1]. - The stock has appeared on the daily trading leaderboard three times this year, with the most recent occurrence on July 3, where it recorded a net purchase of 53.13 million yuan [1].

Core Viewpoint - The stock of Plater Technology has shown significant volatility, with a year-to-date increase of 84.21%, but a recent decline of 8.89% over the last five trading days [1] Company Overview - Plater Technology, established on July 6, 2011, and listed on July 22, 2019, is based in Xi'an, Shaanxi Province, and specializes in providing comprehensive solutions for metal additive manufacturing (3D printing) and remanufacturing technology [1] - The company's main revenue sources include customized 3D printing products and technical services (52.01%), 3D printing equipment, accessories, and technical services (41.14%), and 3D printing raw materials (6.85%) [1] Financial Performance - For the first half of 2025, Plater Technology achieved a revenue of 667 million yuan, representing a year-on-year growth of 17.22%, and a net profit attributable to shareholders of 76.31 million yuan, up by 9.98% [2] - Since its A-share listing, the company has distributed a total of 82.67 million yuan in dividends, with 66.51 million yuan distributed over the past three years [3] Shareholder Information - As of June 30, 2025, the number of shareholders of Plater Technology increased by 27.74% to 13,100, with an average of 20,671 circulating shares per person, a decrease of 21.72% [2] - Among the top ten circulating shareholders, Invesco Great Wall Research Select Stock A (000688) is the fourth largest, holding 6.39 million shares, down by 1.82 million shares from the previous period [3] Market Activity - On September 5, the stock price rose by 2.01% to 72.43 yuan per share, with a trading volume of 277 million yuan and a turnover rate of 1.42%, resulting in a total market capitalization of 19.684 billion yuan [1] - The stock has appeared on the daily trading list three times this year, with the most recent net purchase on July 3 amounting to 53.13 million yuan [1]

Group 1 - The core viewpoint of the news is that Plater Technology has experienced a significant decline in stock price, with a cumulative drop of 13.6% over three consecutive days, closing at 71.00 CNY per share on September 4 [1] - The company, Xi'an Plater Technology Co., Ltd., specializes in providing comprehensive solutions for metal additive manufacturing (3D printing) and remanufacturing technology, with its main business revenue composition being 52.01% from customized 3D printing products and services, 41.14% from 3D printing equipment, accessories, and technical services, and 6.85% from 3D printing raw materials [1] - The total market capitalization of Plater Technology is reported to be 19.296 billion CNY, with a trading volume of 643 million CNY and a turnover rate of 3.27% [1] Group 2 - From the perspective of major fund holdings, one fund under Jiashi Fund has a significant position in Plater Technology, with the Jiashi SSE Sci-Tech Innovation Board Industrial Machinery ETF (588850) holding 12,400 shares, accounting for 4.69% of the fund's net value, making it the sixth-largest holding [2] - The Jiashi SSE Sci-Tech Innovation Board Industrial Machinery ETF (588850) has a current scale of 15.6942 million CNY and has achieved a return of 26.97% since its inception on April 16, 2025 [2] - The fund manager, Tian Guangyuan, has been in position for 4 years and 181 days, managing total assets of 44.323 billion CNY, with the best fund return during his tenure being 113.86% and the worst being -46.65% [2]

Investment Rating - The report maintains a "Buy" rating for the company [1] Core Views - The company reported H1 2025 revenue of 667 million yuan, a year-over-year increase of 17.22%, and a net profit attributable to shareholders of 76 million yuan, up 9.98% year-over-year, indicating that the performance met expectations [4][5] - The company is actively expanding into emerging markets such as commercial aerospace and consumer electronics, which is expected to drive future growth [5] Financial Data and Profitability Forecast - For H1 2025, the company achieved total revenue of 667 million yuan, with a breakdown showing 422 million yuan from customized 3D printing products and services (up 30.52% year-over-year), 186 million yuan from 3D printing equipment and services (down 6.35% year-over-year), and 59 million yuan from 3D printing materials (up 25.27% year-over-year) [5] - The company’s gross margin for H1 2025 was 42.18%, slightly down from 43.62% in the previous year, primarily due to changes in product mix [5] - The report forecasts total revenue for 2025 to be 1.827 billion yuan, with a year-over-year growth rate of 37.8% [4][7] Market Expansion and Production Capacity - The company is focusing on expanding its production capacity and market presence, particularly in the aerospace sector, and is expected to benefit from increased demand in the future [5] - The company is also investing in the construction of a new production line for high-quality additive manufacturing materials, which is projected to increase capacity to 3,000 tons per year [5] Earnings Forecast Adjustment - The report has adjusted the earnings forecast for 2025 and 2026, lowering the net profit estimates to 208 million yuan and 277 million yuan respectively, while introducing a new estimate for 2027 at 378 million yuan [5]

Core Viewpoint - The stock of Plater Technology has experienced fluctuations, with a year-to-date increase of 88.08% but a recent decline of 7.18% over the past five trading days [1] Company Overview - Plater Technology, established on July 6, 2011, and listed on July 22, 2019, is located in Xi'an, Shaanxi Province. The company specializes in providing comprehensive solutions for metal additive manufacturing (3D printing) and remanufacturing technology [1] - The main revenue components of the company include: 52.01% from customized 3D printing products and technical services, 41.14% from 3D printing equipment, accessories, and technical services, and 6.85% from 3D printing raw materials [1] Financial Performance - For the first half of 2025, Plater Technology achieved an operating income of 667 million yuan, representing a year-on-year growth of 17.22%. The net profit attributable to the parent company was 76.31 million yuan, up 9.98% year-on-year [2] - Since its A-share listing, the company has distributed a total of 82.67 million yuan in dividends, with 66.51 million yuan distributed over the past three years [3] Shareholder Information - As of June 30, 2025, the number of shareholders of Plater Technology was 13,100, an increase of 27.74% compared to the previous period. The average circulating shares per person decreased by 21.72% to 20,671 shares [2] - Among the top ten circulating shareholders, Invesco Great Wall Research Select Stock A (000688) is the fourth largest, holding 6.39 million shares, a decrease of 1.82 million shares from the previous period [3] Market Activity - On September 3, the stock price of Plater Technology fell by 2.05% to 73.95 yuan per share, with a trading volume of 187 million yuan and a turnover rate of 0.92%. The total market capitalization is 20.097 billion yuan [1] - The net outflow of main funds was 23.99 million yuan, with large orders accounting for 25.77% of buying and 26.88% of selling [1]

Investment Rating - The report maintains a "Recommended" rating for the company, considering its leading position in the 3D printing industry and expected profit growth [6][8]. Core Viewpoints - The company reported a revenue of 670 million yuan for 1H25, representing a year-over-year increase of 17.2%, and a net profit attributable to shareholders of 80 million yuan, up 10.0% year-over-year [3]. - The second quarter of 2025 saw significant growth, with revenue reaching 440 million yuan, a 23.1% increase year-over-year, and a net profit of 90 million yuan, up 33.4% year-over-year [3]. - The company is expanding its production scale and exploring new markets, with notable growth in customized 3D printing products and raw materials [3][4]. Summary by Sections Financial Performance - In 1H25, the company's gross margin decreased by 1.4 percentage points to 42.2%, while the net profit margin fell by 0.8 percentage points to 11.4% [3]. - The second quarter's gross margin was 44.9%, down 0.8 percentage points year-over-year, but the net profit margin improved by 1.6 percentage points to 20.7% [3]. Product Segmentation - 3D printing customized products and technical services generated 420 million yuan in revenue, a 30.5% increase, accounting for 63% of total revenue [4]. - Revenue from 3D printing equipment and accessories decreased by 6.3% to 190 million yuan, representing 28% of total revenue [4]. - Revenue from 3D printing raw materials increased by 25.3% to 60 million yuan, making up 9% of total revenue, with a gross margin increase of 11.7 percentage points to 45.9% [4]. Research and Development - The company continues to invest in research and development, with R&D expenses amounting to 130 million yuan, a year-over-year increase of 16.1% [5]. - The company has reduced its period expense ratio by 2.6 percentage points to 34.3% in 1H25, with a slight increase in sales expenses [5]. Future Outlook - The company aims to focus on overcoming key technological challenges and nurturing specialized markets, particularly in humanoid robots and new energy sectors [6]. - Projected net profits for 2025, 2026, and 2027 are expected to be 202 million yuan, 339 million yuan, and 428 million yuan, respectively [6][7].