盾安环境:制冷配件龙头 新能源热管理挑战者

中国银河证券股...
Aug 05, 2025

首次覆盖盾安环境:公司是全球制冷零部件龙头,深耕制冷零部件业务三十余年;也是新能源汽车热管理的新晋挑战者。格力电器入局后公司经营重回正轨,构建“制冷核心部件+商用制冷设备+新能源热管理”的多元化协同布局。制冷方面,公司制冷配件全球市占率领先,截止阀全球第一,四通阅、电子膨胀阀全球第二。商用制冷设备受行业需求影响,当前面临一定压力;盾安中央空调在中国核电站空调市场份额第一。新业务方面,公司新能源汽车...

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