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研報掘金丨華福證券:科達利二次創業機器人賽道,首予“買入”評級
格隆匯 08-12 17:18
華福證券研報指出,科達利鋰電結構件龍頭,二次創業機器人賽道。公司主營業務為鋰電池結構件和汽車結構件。其中,鋰電池結構件為核心業務,營收佔比基本維持95%左右。2025年4月,子公司科盟正式發佈七款機器人核心傳動技術新品,涵蓋輕量化、結構緊湊、扭矩/重量比、高精度&高負載穩定性四大技術方向,未來產品送樣定點進展值得期待。公司深耕精密結構件行業近30年,具備強大的研發能力和深厚的商務基礎,未來有望通過海外基地進一步擴大市場份額,中期具備諧波減速器、關節模組等相關人形機器人核心部件的高成長性業務,有望額外提供估值彈性,首次覆蓋,給予“買入”評級。
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