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　　时代天使（06699）早盘一度涨逾13%，截至发稿，股价上涨7.61%，现报70.70港元，成交额1.25亿港元。

　　海通国际发布研报称，2025年3月13日，时代天使宣布将在美国威斯康星州建设新的制造工厂。该工厂占地5.2万平方英尺，配备自动化专有3D打印技术，有望成为全球最先进的矫治器制造中心之一。该行指出，2022年公司开启海外扩张，2023年海外隐形正畸案例增长超预期达到3.3万（占比13%）。预计2024年公司海外案例有望超过11万（占比超过30%）。该行认为，公司海外工厂的建设将带来3大益处：自动化产线高速响应需求；降低海外发货和生产成本；规避关税风险。

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