Core Insights - Kede CNC is a leading domestic manufacturer of high-end CNC systems and key functional components in China, specializing in the integration of machine tools, control systems, feedback devices, and motors [1] - The company has established itself as a significant production and sales base for five-axis equipment in China, demonstrating a high level of professional autonomy [1] - Kede CNC has formed a partnership with Shenyang Aviation Industry and Shenyang Aircraft Corporation to create the first domestic pilot base for large aircraft structural component process verification, focusing on overcoming core bottlenecks in the R&D and mass production of complex components for civil aircraft and drones [1] Product Development - The new five-axis turning and milling composite processing center KMU180T has been deployed for processing aviation engines for large civil aircraft [1] - A six-axis five-linkage integral blade milling center has received small batch orders [1] - New products, including a large and small flip milling processing center for aircraft structural components, are currently in the application verification stage [1]

Core Viewpoint - Kede CNC is a leading domestic manufacturer of high-end CNC systems and key functional components in China, focusing on integrated machine tools and control systems [1] Group 1: Company Overview - Kede CNC has achieved significant scale as a production and sales base for five-axis equipment in China [1] - The company is recognized for its high degree of specialization and autonomy in manufacturing [1] Group 2: Strategic Developments - In June 2025, Kede CNC, in collaboration with Shenyang Aviation Industry and Shenyang Aircraft Corporation, established the first domestic pilot test base for large aircraft structural components based entirely on domestically produced five-axis CNC machine tools [1] - This initiative aims to address core bottlenecks in the R&D and mass production of complex structural components for civil aircraft and drones, which is strategically significant for national defense and high-end equipment supply chain security [1] Group 3: Product Innovations - The newly developed five-axis turning and milling composite processing center KMU180T has been put into use for processing aviation engines for large civil aircraft [1] - A six-axis five-linkage integrated blade milling processing center has received small batch orders [1] - New products, including a large and small flip milling processing center for aircraft structural components, are currently in the application verification stage [1]

Industry Overview - The Ministry of Industry and Information Technology and five other departments issued a "Mechanical Industry Growth Stabilization Plan," aiming for an average annual revenue growth rate of approximately 3.5% from 2025 to 2026, with total revenue exceeding 10 trillion yuan [1] - The plan emphasizes expanding effective demand and enhancing the growth traction of the mechanical industry, including accelerating the update and technological transformation of outdated equipment, and organizing "Industrial Mother Machine+" supply-demand matching activities [1] Market Demand and Projections - The national push for large-scale equipment updates, combined with over three years of "Industrial Mother Machine+" activities, is expected to generate an additional market demand of hundreds of billions yuan for the industry [1] - GGII predicts that the market size for intelligent numerical control systems will exceed 50 billion yuan by 2026, with AI process optimization potentially improving efficiency by 30% [1] Company Insights - Nuwei CNC is one of the few domestic suppliers offering a wide range of CNC machine tool models and has customized products for core components like harmonic reducers used in humanoid robots [2] - Kede CNC is a leading domestic enterprise in five-axis CNC machine tools, capable of processing key components such as joints and reducers for robots, including complex structures of harmonic reducers [2]

Core Viewpoint - The company is focusing on expanding its overseas business through a dealer-based sales channel and establishing a technical support system to respond quickly to international customer needs [1] Group 1 - The company primarily relies on a dealer-based sales channel for its overseas orders [1] - A technical support system is being established through agents to ensure rapid response to overseas customer demands [1] - The company is intensifying efforts to explore overseas markets while leveraging its established presence in domestic markets [1] Group 2 - The company is building connections with countries involved in the "Belt and Road" initiative to facilitate equipment sales [1] - The strategy aims to achieve win-win cooperation with international partners [1]

Core Viewpoint - The company is focusing on expanding its overseas market presence while maintaining its established domestic market, leveraging a dealer-based sales channel and after-sales technical support system to meet international customer needs [1] Group 1 - The company primarily utilizes a dealer-based sales channel for its overseas orders [1] - A technical support system through agents is established to ensure quick response to overseas customer demands [1] - The company is intensifying efforts to explore overseas markets, particularly in countries along the "Belt and Road" initiative [1]

Core Viewpoint - The company, Kede CNC (688305), has reported a stable core team and a strong focus on production and operations, indicating a positive outlook for its business performance [1] Group 1 - The company has a full order book, suggesting strong demand for its products [1] - The production capacity utilization rate remains high, reflecting efficient operations and potential for revenue growth [1]

Core Viewpoint - The company Kede CNC (688305.SH) has announced advancements in its five-axis machine tools and the development of axial flux motor products, which are expected to enhance performance in various high-demand applications [1] Group 1: Product Development - The five-axis machine tools can be directly used for processing precision components such as robot joints and gears [1] - The self-developed motor products have been mass-applied in thread grinding machines for processing lead screws and other threaded parts [1] - The company has initiated the development of axial flux motor products, which offer advantages over traditional radial flux motors, including a more compact structure, lighter weight, and higher power and torque output for the same volume/weight [1] Group 2: Target Applications - The axial flux motors are targeted for applications in humanoid robots, new energy vehicles, aerospace vehicles, and wind power, where space and weight constraints are critical while requiring significant power output [1]

Core Viewpoint - The company has begun mass production of motor products for users, specifically for thread grinding machines used in the processing of lead screws and other threaded components [1] Group 1 - The company is providing motor products in bulk to users [1] - The motor products are intended for use in thread grinding machines [1] - The application of these products is focused on processing lead screws and other threaded parts [1]

Core Viewpoint - Kede CNC (688305.SH) specializes in high-end five-axis CNC machine tools, which are widely used in various industries including aerospace, automotive, nuclear power, new energy, tooling, precision molds, mechanical processing, low-altitude economy, and medical fields [1] Group 1 - Kede's series of high-end five-axis CNC machine tools are suitable for metal cutting processing [1] - The company's products feature industrial-grade 3D printing capabilities [1] - Kede has not yet developed desktop-level five-axis CNC machine tools [1]

Core Viewpoint - The company, Kede CNC (688305.SH), emphasizes its self-controlled core technology and has established a complete technology chain consisting of "CNC system + key functional components + high-end five-axis machine tools" [1] Group 1: Technology and Product Offering - The company offers a diverse range of five-axis CNC machine tools, including five-axis vertical machining centers, horizontal machining centers, horizontal turning-milling composite machines, five-axis gantry machining centers, and six-axis five-linkage blade processing centers [1] - The precision of the products reaches the micron level, with core indicators benchmarked against international leading standards, and some performance metrics are ahead of competitors [1] Group 2: Market Applications - The downstream applications of the company's products cover various industries, including aerospace, automotive, nuclear power, new energy, precision molds, mechanical processing, low-altitude economy, and medical sectors, achieving batch import substitution [1] - The precision five-axis vertical machining center DMC55 UP is specifically designed for processing metal and non-metal parts used in lithography machines [1]