鼎阳科技公告，2025年第一季度营业收入1.32亿元，同比增长26.93%。净利润4069.02万元，同比增长 33.96%。 ...

证券代码：688112 证券简称：鼎阳科技 公告编号：2025-006 深圳市鼎阳科技股份有限公司 关于自愿披露公司发布新产品的公告 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、准确性和完整性承担个别及连带责任。 重要内容提示： 2025 年 4 月 18 日，深圳市鼎阳科技股份有限公司（以下简称"鼎阳科 技"、"公司"）正式公开发布最高测量频率达 26.5 GHz 的 SNA5000X-E 系列高端矢量网络分析仪。 SNA5000X-E 系列高端矢量网络分析仪具备优秀的测试测量性能，支持 高达 26.5 GHz 连续频率扫描，可覆盖从低频校准到高频测试的全场景 需求，集成 S 参数测量、差分（平衡）测量、接收机测量等多维度功能， 可广泛应用于通信、汽车电子、半导体等诸多领域的现场测试、研发、 生产等场景。 本次发布的产品属于高端系列产品，且相对以往同档次产品具有更强的 性价比优势，体现了公司的技术创新能力、市场应变能力和产品开发能 力，进一步丰富了公司的产品矩阵，拓宽了公司产品的应用场景和使用 范围，将有助于巩固和提升公司的综合竞争力，对公司未来的发 ...

鼎阳科技(688112.SH)公告称，公司于2025年4月18日正式公开发布最高测量频率达26.5GHz的 SNA5000X-E系列高端矢量网络分析仪。 ...

Group 1 - The 5G sector is experiencing a significant rise, with stocks such as Shenglu Communication, Shuo Beid, and Wuhan Fanggu hitting the daily limit, and Chuangyuan Xinke increasing by 30% [1] - The largest 5G communication ETF (515050) has seen a rapid increase, with over 600 million yuan of net inflow in the last 10 trading days [1] - The Ministry of Industry announced plans to accelerate the research and development of 6G technology, including standard formulation and industrial implementation [1] Group 2 - The high growth momentum in the 5G communication sector is expected to continue, with several companies reporting positive Q1 earnings forecasts [2] - Companies like Ruijie Networks and Xingwang Ruijie are experiencing rapid growth in performance due to the deployment of AI foundational hardware [2] - The communication industry is showing confidence in its future prospects, as evidenced by multiple companies announcing share buyback or increase plans [2]

Investment Rating - The report maintains an "Outperform" rating for the machinery equipment industry [5]. Core Views - The humanoid robot sector is rapidly advancing, with Tesla's humanoid robot aiming for mass production of 5,000 units by 2025. Domestic companies like Yushutech and ZhiYuan Robotics are also innovating quickly, focusing on key components such as reducers and sensors [3][4]. - AI infrastructure is experiencing growth driven by demand for data centers, benefiting companies involved in cooling systems [4]. - The low-altitude economy is progressing with infrastructure initiatives, aiming to create a unified air traffic management network [4]. Industry Dynamics - Humanoid Robots: Recent demonstrations include the release of a dexterous hand technology by Xingdong Era and a boxing video by Yushutech [1][18]. - Smart Welding: The application of pipeline welding robots by China National Petroleum has achieved scale [20]. - Low-altitude Economy: New companies and initiatives are being established to support the development of low-altitude economic infrastructure [21][26]. Company Dynamics - Yushutech and Chang'an Automobile signed a strategic cooperation agreement to collaborate on robotics technology [31]. - ZhiYuan Robotics participated in a roundtable discussion on economic trends [22]. - A joint venture was established between Junpu Intelligent and ZhiYuan Robotics to focus on humanoid robots [29]. Event Outlook - A humanoid robot half-marathon is scheduled to take place in Beijing on April 19, 2025, featuring humanoid robots competing alongside human participants [37]. Key Company Profit Forecasts and Investment Ratings - Companies such as Lide Harmony, Mingzhi Electric, and Huichuan Technology are rated as "Outperform" with various earnings per share (EPS) forecasts for 2023 and 2024 [9].

Investment Rating - The report maintains an "Overweight" rating for the machinery equipment industry, particularly highlighting opportunities in semiconductor equipment due to tariff impacts [1]. Core Insights - The report emphasizes the impact of tariffs on the machinery equipment sector, particularly the 34% tariff on U.S. imports, which raises the total export tariff to the U.S. for engineering machinery to 79%. However, the actual impact on major companies is limited due to their low exposure to the U.S. market [1][2]. - The report identifies potential growth in domestic demand and the electric vehicle transition as key factors for the forklift segment, while also noting the limited impact of tariffs on exports [3]. - The semiconductor equipment sector is expected to benefit from increased domestic production due to tariffs, with a focus on both mature and advanced process equipment [4]. Summary by Sections Engineering Machinery - The report highlights that major engineering machinery companies have minimal exposure to the U.S. market, with SANY Heavy Industry at approximately 3% and XCMG at about 1% [1][2]. - Companies with overseas factories, particularly in North America and Mexico, are better positioned to mitigate tariff risks [2]. - The report recommends companies like SANY Heavy Industry, XCMG, and LiuGong for their strategic factory locations [2]. Forklifts - The report notes that domestic forklift manufacturers have limited exposure to the U.S. market, and the impact of tariffs is manageable due to pre-stocked inventory [3]. - It suggests that the domestic forklift market will see growth driven by the electric vehicle transition and government policies supporting domestic demand [3]. Semiconductor Equipment - The report indicates that the 34% tariff on U.S. imports will accelerate the domestic production of semiconductor equipment, particularly in mature processes where price sensitivity is higher [4]. - It recommends focusing on companies involved in both front-end and back-end semiconductor equipment, highlighting firms like North China Innovation and Zhongwei Company [4]. General Automation - The report suggests that the general automation sector will see limited impact from tariffs, with a focus on domestic demand for tools and automation products [5][8]. - It highlights the recovery in manufacturing and logistics sectors as potential growth drivers for the general automation market [8]. Investment Recommendations - The report provides a list of recommended companies across various segments, including semiconductor equipment, engineering machinery, and general automation, emphasizing their potential for growth in the current market environment [1][16].

国信证券股份有限公司 关于深圳市鼎阳科技股份有限公司 使用部分闲置募集资金进行现金管理 之专项核查意见 国信证券股份有限公司（以下简称"国信证券"或"保荐机构"）作为深圳市鼎 阳科技股份有限公司（以下简称"鼎阳科技"或"公司"）首次公开发行股票并在科 创板上市及进行持续督导的保荐机构，根据《证券发行上市保荐业务管理办法》 《上海证券交易所科创板股票上市规则》《科创板上市公司持续监管办法（试行）》 《上海证券交易所科创板上市公司自律监管指引第 1 号——规范运作》等有关法 律法规和规范性文件的要求，经审慎核查，就鼎阳科技拟使用部分闲置募集资金 进行现金管理的事项，发表专项核查意见如下： 一、募集资金基本情况 根据中国证券监督管理委员会于 2021 年 9 月 22 日出具的《关于同意深圳市 鼎阳科技股份有限公司首次公开发行股票注册的批复》（证监许可〔2021〕3099 号），公司首次公开发行人民币普通股（A）股 2,666.67 万股，每股发行价格为 46.60 元，募集资金总额为人民币 124,266.82 万元；扣除发行费用后实际募集资 金净额为人民币 115,071.72 万元。上述募集资金已于 2021 ...

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、准确性和完整性承担个别及连带责任。 深圳市鼎阳科技股份有限公司（以下简称"公司"）于 2025 年 2 月 27 日召 开第二届董事会第十七次会议、第二届监事会第十五次会议，审议通过了《关于 使用部分自有资金进行现金管理的议案》，同意公司拟使用额度不超过 82,000.00 万元人民币的自有资金适时购买安全性高、流动性好的银行理财产品或存款类产 品（包括但不限于保本型理财产品、协定性存款、结构性存款、定期存款、通知 存款、大额可转让存单等）。上述额度使用期限自公司董事会审议通过之日起 12 个月内有效，在上述额度及决议有效期内，可循环滚动使用。公司授权董事长或 董事长授权的人员在额度范围内行使该项投资决策权并签署相关合同文件，包括 但不限于：选择现金管理机构、明确具体金额、期间、产品品种、签署相关合同 等。 一、使用部分自有资金进行现金管理的基本情况 （一）现金管理目的 为实现公司利益最大化原则，提高公司自有资金使用效率，合理利用自有资 金，增加公司收益和股东回报。在确保不影响公司经营的情况下，公司拟使用部 分 ...

证券代码：688112 证券简称：鼎阳科技 公告编号：2025-004 深圳市鼎阳科技股份有限公司 关于使用部分闲置募集资金进行现金管理的公告 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、准确性和完整性承担个别及连带责任。 深圳市鼎阳科技股份有限公司（以下简称"公司"）于 2025 年 2 月 27 日召 开第二届董事会第十七次会议、第二届监事会第十五次会议，审议通过了《关于 使用部分闲置募集资金进行现金管理的议案》，同意公司在确保不影响募投项目 使用建设的情况下，使用部分闲置募集资金进行现金管理，使用额度不超过 26,000.00 万元人民币的闲置募集资金适时购买安全性高、流动性好的保本型银 行理财产品或存款类产品（包括但不限于保本型理财产品、协定性存款、结构性 存款、定期存款、通知存款、大额可转让存单等），且该等现金管理产品不得用 于质押，不用于以证券投资为目的的投资行为。上述额度使用期限自公司董事会 审议通过之日起 12 个月内有效，在上述额度及决议有效期内，可循环滚动使用。 公司授权董事长或董事长授权的人员在额度范围内行使该项投资决策权并签署 相 ...

Financial Performance - In 2024, the company achieved total operating revenue of RMB 497.78 million, a year-on-year increase of 3.01%[5] - The net profit attributable to the parent company was RMB 111.48 million, a decrease of 28.20% compared to the previous year[5] - The company experienced a foreign exchange loss increase of RMB 6.01 million and a decrease in government subsidies by RMB 6.67 million, impacting net profit[11] - The company’s weighted average return on equity decreased by 3.04 percentage points to 7.20%[3] Research and Development - The company's R&D expenses reached RMB 107.83 million, an increase of 25.24%, accounting for 21.66% of operating revenue[11] - The company launched 10 new products in 2024, supporting its high-end development strategy[7] Sales and Revenue - The sales revenue from direct sales was RMB 75.67 million, a year-on-year increase of 15.80%, with a gross margin of 67.89%[10] - The revenue from high-end products increased by 13.79%, with their proportion rising by 2.36 percentage points[8] - The average selling price of products priced above RMB 30,000 increased by 16.89%, indicating strong demand for high-end products[10] Assets - Total assets at the end of the reporting period were RMB 1,679.66 million, a growth of 1.01% from the beginning of the period[6]