Investment Rating - The report assigns a "Buy" rating to the company, indicating a positive outlook for its stock performance [6][7]. Core Insights - The company is set to establish a joint venture with Zhejiang Rongtai in Thailand, focusing on the smart robotics market, which is expected to leverage both parties' technological and resource advantages [7][8]. - The partnership aims to enhance collaboration in product technology and customer resources, particularly in the fields of servo systems and micro-screws, which are critical for humanoid robots [8]. - The company has slightly adjusted its profit forecasts for 2026 and 2027, expecting net profits of RMB 270 million and RMB 341 million respectively, reflecting year-on-year growth rates of 10% and 26% [8][10]. Financial Summary - The company's projected net profits for 2025, 2026, and 2027 are RMB 270 million, RMB 341 million, and RMB 403 million, with corresponding year-on-year growth rates of 10%, 26%, and 18% [10]. - Earnings per share (EPS) are expected to be RMB 1.26, RMB 1.59, and RMB 1.89 for the years 2025, 2026, and 2027, respectively [10]. - The price-to-earnings (P/E) ratios for the upcoming years are projected to be 71.69, 56.76, and 48.00, indicating a favorable valuation trend [10].

Investment Rating - The report maintains a "Recommended" rating for the mechanical industry, with a focus on AI equipment and consumables, as well as commercial aerospace [1]. Core Insights - The report highlights the rapid growth in demand for high-performance servers, GPUs, and advanced PCBs driven by the surge in AI technology and applications. The global PCB industry is projected to grow from $73.6 billion in 2024 to $96.4 billion by 2029, with a CAGR of 5.6% [7][22]. - The report emphasizes the importance of advancements in PCB equipment and consumables, particularly in drilling and exposure equipment, which are expected to see significant market growth due to the increasing complexity of AI applications [22][24]. - The commercial aerospace sector is entering a critical phase with the successful launch of reusable rockets, which could significantly reduce satellite launch costs and accelerate satellite networking processes [7][24]. Summary by Sections Industry and Company Investment Views - The report discusses the impact of AI on PCB demand, noting that the need for high-density and high-layer PCBs is increasing, which will drive the demand for advanced drilling and exposure equipment [22][24]. - Key companies to watch include Dingtai High-Tech and Zhongtung High-New in the consumables sector, and Dazhu CNC and Xinqi Micro-Assembly in the equipment sector [7][24]. - The report suggests that the equipment industry is entering a golden age due to the expansion of AI infrastructure, with significant growth expected in drilling and exposure equipment markets [22][24]. Key Data Tracking - The report provides macroeconomic data, including the manufacturing PMI index and fixed asset investment growth rates, which are crucial for understanding the overall health of the mechanical industry [26][30]. - The mechanical sector has shown a strong performance, with a 4.5% increase in the sector index, outperforming the broader market indices [11][16]. Company Earnings Forecasts and Valuations - The report includes earnings forecasts and valuations for key companies in the mechanical sector, with several companies rated as "Strong Buy," indicating strong expected growth in earnings per share (EPS) and favorable price-to-earnings (PE) ratios [2][8].

格隆汇12月26日丨伟创电气(688698.SH)公布，公司与浙江荣泰电工器材股份有限公司签署了《合资意 向书》，拟在泰国共同设立合资公司，双方各持股 50%。该项目旨在发挥各方的技术及资源优势，拓 展智能机器人机电一体化市场，共同研发、生产机电一体化组件、智能传动系统及配套产品，做大做强 智能机器人机电一体化业务。 ...

证券代码：688698 证券简称：伟创电气 公告编号：2025-080 苏州伟创电气科技股份有限公司 关于与浙江荣泰电工器材股份有限公司 签署合资意向书的自愿披露公告 2、后续涉及具体协议的签订，公司将严格按照相关法律、法规、规范性文 件及《苏州伟创电气科技股份有限公司章程》（以下简称《公司章程》）的规定 和要求，履行相应的决策审批程序和信息披露义务。 1 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： ●苏州伟创电气科技股份有限公司（以下简称公司）与浙江荣泰电工器材股 份有限公司（以下简称浙江荣泰）签署了《合资意向书》，拟在泰国共同设立合 资公司，双方各持股 50%。该项目旨在发挥各方的技术及资源优势，拓展智能机 器人机电一体化市场，共同研发、生产机电一体化组件、智能传动系统及配套产 品，做大做强智能机器人机电一体化业务。 ● 本次交易不构成关联交易，亦不构成《上市公司重大资产重组管理办法》 规定的重大资产重组。 ● 风险提示： 1、本次签署的《合资意向书》仅为各方意愿和基本原则的框架性、意向性 约定，最 ...

每经AI快讯，12月26日，伟创电气(688698.SH)公告称，公司与浙江荣泰签署《合资意向书》，拟在泰 国共同设立合资公司，双方各持股50%，旨在拓展智能机器人机电一体化市场，共同研发、生产机电一 体化组件、智能传动系统及配套产品。该意向书仅为框架性、意向性约定，具体合作条款以正式协议为 准，存在不确定性。 （文章来源：每日经济新闻） ...

此次签署的合作意向书，明确了双方在产业领域的基础合作模式，为最终协议的签署建立了良好的基 础。公司将凭借自身的客户及品牌优势，依托对方公司在电气传动领域的技术积累，共同开发应用于智 能机器人机电一体化市场，充分发挥双方的技术及资源优势，合作共赢。 浙江荣泰(603119.SH)发布公告，2025年12月26日，公司与苏州伟创电气科技股份有限公司(简称"伟创电 气")共同签署了《合资意向书》，公司与伟创电气拟在泰国共同出资设立合资公司，主要从事机电一体 化组件、智能传动系统及配套产品的研发及生产，共同开发应用于智能机器人机电一体化市场。 ...

此次签署的合作意向书，明确了双方在产业领域的基础合作模式，为最终协议的签署建立了良好的基 础。公司将凭借自身的客户及品牌优势，依托对方公司在电气传动领域的技术积累，共同开发应用于智 能机器人机电一体化市场，充分发挥双方的技术及资源优势，合作共赢。 浙江荣泰（603119）(603119.SH)发布公告，2025年12月26日，公司与苏州伟创电气科技股份有限公司 (简称"伟创电气")共同签署了《合资意向书》，公司与伟创电气拟在泰国共同出资设立合资公司，主要 从事机电一体化组件、智能传动系统及配套产品的研发及生产，共同开发应用于智能机器人机电一体化 市场。 ...

人民财讯12月26日电，浙江荣泰（603119）12月26日公告，公司与苏州伟创电气科技股份有限公司(简 称"伟创电气")共同签署《合资意向书》，公司与伟创电气拟在泰国共同出资设立合资公司(双方各持股 50%)，主要从事机电一体化组件、智能传动系统及配套产品的研发及生产，共同开发应用于智能机器 人机电一体化市场。 ...

Group 1 - The Robot ETF (562500) experienced a significant increase of 2.83%, with strong upward momentum and trading above the daily average line, indicating robust market sentiment towards the robotics sector [1] - Over 60 constituent stocks showed positive performance, with notable gains including a 20.01% increase for Haoshi Electromechanical and over 13% for Aifute-U and Tuosida [1] - The trading volume exceeded 1.2 billion yuan, reflecting heightened liquidity and strong investor interest in the robotics industry [1] Group 2 - The humanoid robot index includes 110 companies, with its trading volume accounting for approximately 23.7% of the total A-share trading volume, indicating a decline in market attention to a near historical low [2] - The sector has undergone a period of adjustment since its previous high, with many concept stocks experiencing significant price declines due to factors such as excessive prior gains and concerns over production timelines for products like Tesla's Gen3 [2] - The current low trading volume ratio sets a foundation for potential future market rallies, presenting opportunities for contrarian investments as market sentiment shifts [2]

（原标题：伟创电气12月22日大宗交易成交327.88万元） 伟创电气12月22日大宗交易平台出现一笔成交，成交量4.30万股，成交金额327.88万元，大宗交易成交 价为76.25元。该笔交易的买方营业部为中信证券股份有限公司总部(非营业场所)，卖方营业部为中信建 投证券股份有限公司北京望京证券营业部。 进一步统计，近3个月内该股累计发生2笔大宗交易，合计成交金额为539.44万元。 证券时报•数据宝统计显示，伟创电气今日收盘价为76.25元，下跌3.04%，日换手率为3.42%，成交额为 5.60亿元，全天主力资金净流入1059.90万元，近5日该股累计下跌8.79%，近5日资金合计净流出5711.51 万元。 | | 成交金 | | 相对当 | | | | --- | --- | --- | --- | --- | --- | | 成交量 | 额 | 成交价 | 日 | | | | （万 | | 格 | 收盘折 | 买方营业部 | 卖方营业部 | | 股） | （万 元） | （元） | 溢价 | | | | | | | （%） | | | | 4.30 | 327.88 | 76.25 | 0.00 ...