据证券之星公开数据整理，近期易德龙（603380）发布2025年中报。截至本报告期末，公司营业总收入 11.71亿元，同比上升15.64%，归母净利润1.15亿元，同比上升31.06%。按单季度数据看，第二季度营 业总收入6.22亿元，同比上升10.78%，第二季度归母净利润7274.38万元，同比上升29.33%。本报告期 易德龙盈利能力上升，毛利率同比增幅1.66%，净利率同比增幅12.64%。 本次财报公布的各项数据指标表现尚佳。其中，毛利率26.35%，同比增1.66%，净利率9.93%，同比增 12.64%，销售费用、管理费用、财务费用总计8826.21万元，三费占营收比7.53%，同比减12.02%，每股 净资产9.14元，同比增4.58%，每股经营性现金流0.84元，同比增32.53%，每股收益0.71元，同比增 31.48% | 基金筒称 | 基金代码 | 持有股数 | 持仓变动 | 数据来源 | | --- | --- | --- | --- | --- | | 鹏华上华一年持有期混合A | 013353 | 13.25万股 | 新进十大 | 2025基金半年报 | | 新华积极价值灵活配置 ...

Summary of the Conference Call for 易德龙 Company Overview - 易德龙 reported a revenue of 622 million yuan for Q2 2025, representing a year-on-year growth of 10.78% [2] - The net profit attributable to shareholders was 72.74 million yuan, up 29.33% year-on-year [2] - The weighted average return on equity reached 7.31%, an increase of 1.03 percentage points compared to the previous year, indicating improved profitability [2] Industry Context - The company operates in the Electronic Manufacturing Services (EMS) industry, which has seen strategic retreats from European and American competitors, creating new opportunities for 易德龙 [7] - The EMS sector has shifted focus from North America to China, with many companies seeking cost-effective solutions [7] Key Strategies and Developments - To address tariff policies, 易德龙 has established a presence in China, Vietnam, Mexico, and Romania, allowing for differentiated pricing and flexibility in meeting customer needs [2][5] - The company utilizes a unified SAP system and MES execution systems across its global factories to enhance operational efficiency and maintain competitive advantages amid tariff pressures [2][5] - 易德龙's collaboration with EBM Papst to develop PCB axial motors is a significant innovation, with plans to showcase products at the SPS industrial exhibition in Nuremberg [2][9] Financial Performance - For the first half of 2025, 易德龙 achieved a revenue of 1.171 billion yuan, a year-on-year increase of 15.64% [3] - The net profit attributable to shareholders for the first half was 115 million yuan, marking a 31% increase year-on-year [3] Product Development - The company is developing PCB axial motors, facing challenges such as power density and thermal management, with applications in automotive, robotics, and aerospace [13][16] - Approximately 70% of 易德龙's business comes from long-term relationships with major clients, particularly in the high-quality and cost-effective segments of the market [8] Client Relationships and Market Position - 易德龙 maintains long-term partnerships with clients like 浪潮 and 安菲诺, with significant growth in the AI server segment [10][12] - The company has a strong competitive edge due to its extensive R&D capabilities and a large pool of engineers, which surpasses that of its Western counterparts [7] Future Outlook - 易德龙 plans to enhance its international competitiveness by optimizing global operations and upgrading technology [6] - The company aims to participate in the SPS industrial exhibition to showcase its latest technologies and engage with downstream customers [23] Production Capacity - 易德龙 has established factories in Mexico, Vietnam, and Romania, with plans for expansion to meet increasing demand [24] - The company’s top five clients account for over 50% of sales, indicating a concentrated customer base [24] Conclusion - 易德龙 is strategically positioned to leverage its operational efficiencies, innovative product development, and strong client relationships to capitalize on emerging opportunities in the EMS industry amidst changing global dynamics [7][24]

每经AI快讯，易德龙8月28日发布公告称，公司第四届第五次董事会会议于2025年8月26日以现场结合 通讯方式召开。会议审议了《关于审议<2025年半年度报告>全文及摘要的议案》等文件。 （记者 王晓波） 每经头条（nbdtoutiao）——世界首例基因编辑猪肺成功移植人体 对话主要参与者：距离临床应用还有 多远？ ...

苏州易德龙科技股份有限公司2025 年半年度报告 公司代码：603380 公司简称：易德龙 苏州易德龙科技股份有限公司 2025 年半年度报告 1 / 190 苏州易德龙科技股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会及董事、高级管理人员保证半年度报告内容的真实性、准确性、完整性，不 存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人钱新栋、主管会计工作负责人蒋艳及会计机构负责人（会计主管人员）蒋艳声 明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本半年度报告涉及未来计划等前瞻性陈述，不构成公司对投资者的实质承诺，请投资者注意 投资风险。 七、 是否存在被控股股东及其他关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 重大风险提示 公司已在本报告中详细描 ...

Group 1 - The core stock price of Yidelong closed at 39.00 yuan on August 21, down 2.40% from the previous trading day [1] - The stock experienced a volatility of 7.58% during the day, with a high of 41.33 yuan and a low of 38.30 yuan, and a trading volume of 190 million yuan [1] - Yidelong's main business is electronic manufacturing services, covering various sectors including consumer electronics, robotics, data centers, and new energy vehicles [1] Group 2 - On August 21, Yidelong showed multiple rapid fluctuations in stock price, indicating active market trading [1] - The net outflow of main funds on August 21 was 15.65 million yuan, with a cumulative net outflow of 41.61 million yuan over the past five days [1] - The company's total market capitalization is 6.257 billion yuan [1]

Market Overview - On August 15, the consumer electronics sector rose by 2.46%, with Yidong Electronics leading the gains [1] - The Shanghai Composite Index closed at 3696.77, up 0.83%, while the Shenzhen Component Index closed at 11634.67, up 1.6% [1] Top Gainers - Yidong Electronics (301123) closed at 39.41, up 20.01% with a trading volume of 283,700 shares and a transaction value of 1.025 billion [1] - Yingstone Innovation (688775) closed at 224.42, up 20.00% with a trading volume of 86,800 shares and a transaction value of 1.891 billion [1] - Shenglan Co., Ltd. (300843) closed at 44.92, up 11.35% with a trading volume of 273,900 shares [1] - Boshuo Technology (300951) closed at 37.21, up 11.24% with a trading volume of 149,200 shares and a transaction value of 557 million [1] Top Losers - Darui Electronics (300976) closed at 59.97, down 5.31% with a trading volume of 79,900 shares and a transaction value of 481 million [2] - Heertai (002402) closed at 29.98, down 3.20% with a trading volume of 1,683,900 shares and a transaction value of 5.093 billion [2] - Guoguang Electric (002045) closed at 16.70, down 0.71% with a trading volume of 517,400 shares [2] Capital Flow - The consumer electronics sector experienced a net outflow of 792 million from institutional investors and 376 million from retail investors, while individual investors saw a net inflow of 1.169 billion [2][3] - Notable net inflows from individual investors included Yidong Electronics (301123) with a net outflow of 79.05 million and Yingstone Innovation (688775) with a net outflow of 20.2 million [3]

通过天眼查大数据分析，苏州易德龙科技股份有限公司共对外投资了11家企业，参与招投标项目29次， 知识产权方面有商标信息17条，专利信息107条，此外企业还拥有行政许可27个。 来源：金融界 易德龙最新一期业绩显示，截至2025一季报，公司营业总收入5.49亿元、同比增长21.68%，归属净利润 4176.98万元，同比增长34.19%，扣非净利润4036.79万元，同比增长36.24%，流动比率2.133、速动比率 1.290、资产负债率33.10%。 天眼查商业履历信息显示，苏州易德龙科技股份有限公司，成立于2001年，位于苏州市，是一家以从事 仪器仪表制造业为主的企业。企业注册资本16044.12万人民币，实缴资本12000万人民币。公司法定代 表人为钱新栋。 金融界消息 截至2025年8月14日收盘，易德龙（603380）报收于36.45元，下跌5.91%，换手率4.7%，成 交量7.53万手，成交金额2.80亿元。 资金流向方面，今日主力资金净流出2632.01万元，占比成交额9.4%。其中，超大单净流出1667.81万 元、占成交额5.96%，大单净流出964.19万元、占成交额3.44%，中单净流 ...

Investment Rating - The report rates the industry as "Overweight," indicating that it is expected to outperform the overall market [3]. Core Insights - The axial flux motor has significant advantages in torque density and efficiency, already being applied in robotics. For instance, the YASA axial flux motor achieves torque density and power density of 160 Nm/L and 14.9 kW/kg, respectively, which is four times that of traditional radial flux motors [3]. - PCB motors, a branch of axial flux motors, have increased application potential due to optimized PCB technology. They replace traditional iron core stators with PCBs, leading to reduced weight and enhanced efficiency [3]. - PCB motors excel in lightweight design, high efficiency, stability, automated production, low noise, and flexible design, making them suitable for robotic applications that require high torque density and rapid response [3]. - The robotics sector presents new development opportunities for PCB axial flux motors, with leading companies actively seeking innovative motor technologies as traditional solutions face limitations [3]. Summary by Sections Axial Flux Motor Advantages - The axial flux motor is characterized by a flat shape and a larger effective magnetic area, resulting in higher torque and efficiency compared to traditional motors [3]. - The efficiency of these motors typically exceeds 96%, with lower operational noise and vibration [3]. PCB Motor Characteristics - PCB motors are lightweight, reducing copper usage by 66% and significantly decreasing weight [3]. - They offer high efficiency due to reduced magnetic path losses and improved thermal stability [3]. - The automated production process ensures consistent quality and allows for rapid customization [3]. Investment Opportunities - Recommended companies to watch include: - Wolong Electric Drive: A comprehensive motor supplier focusing on high torque density axial flux motors [3]. - Xiaxia Precision: Invested in ZhiJian Intelligent, specializing in micro motors [3]. - Mingyang Circuit: Capable of full-process PCB production with a focus on robotics [3]. - Dongmu Co., Ltd.: Holds a 22% stake in Xiaoxiang Motor, a leader in axial flux motor technology [3]. - Yidelong: A flexible EMS manufacturer with a diverse product range [3].

Core Viewpoint - The company, Suzhou Yidelong Technology Co., Ltd., is experiencing positive stock performance and growth in revenue and profit, indicating a strong position in the electronic manufacturing services (EMS) industry. Group 1: Stock Performance - On August 11, Yidelong's stock rose by 5.14%, reaching 36.8 yuan per share, with a trading volume of 54.36 million yuan and a turnover rate of 0.94%, resulting in a total market capitalization of 5.904 billion yuan [1]. Group 2: Company Overview - Yidelong is located in Suzhou and has been providing EMS for over 17 years, focusing on high-reputation and high-profit clients globally. The company offers manufacturing, processing, testing, and verification services [1]. - The company has established a strong IT team and an intelligent production system, enabling it to provide reliable supply chain and value-added services, helping clients' products and brands reach a global market [1]. Group 3: Financial Performance - As of July 18, Yidelong had 10,900 shareholders, with an average of 14,700 circulating shares per person [2]. - For the first quarter of 2025, Yidelong achieved a revenue of 549 million yuan, representing a year-on-year growth of 21.68%. The net profit attributable to shareholders was 41.77 million yuan, reflecting a year-on-year increase of 34.19% [2].

通过天眼查大数据分析，苏州易德龙科技股份有限公司共对外投资了11家企业，参与招投标项目29次， 知识产权方面有商标信息17条，专利信息107条，此外企业还拥有行政许可27个。 来源：金融界 易德龙最新一期业绩显示，截至2025一季报，公司营业总收入5.49亿元、同比增长21.68%，归属净利润 4176.98万元，同比增长34.19%，扣非净利润4036.79万元，同比增长36.24%，流动比率2.133、速动比率 1.290、资产负债率33.10%。 天眼查商业履历信息显示，苏州易德龙科技股份有限公司，成立于2001年，位于苏州市，是一家以从事 仪器仪表制造业为主的企业。企业注册资本16044.12万人民币，实缴资本12000万人民币。公司法定代 表人为钱新栋。 金融界消息 截至2025年8月5日收盘，易德龙（603380）报收于33.11元，上涨10.0%，换手率5.76%，成 交量9.24万手，成交金额3.04亿元。 资金流向方面，今日主力资金净流入7115.06万元，占比成交额23.38%。其中，超大单净流入9347.33万 元、占成交额30.71%，大单净流出2232.27万元、占成交额7.33%， ...