Core Viewpoint - The company reported a decline in both revenue and net profit for the fiscal year 2025, attributed to various domestic and international policy factors affecting overseas business progress [1] Financial Performance - The company achieved an operating revenue of 552 million yuan, a decrease of 8.86% compared to the same period last year [1] - The net profit attributable to the parent company was 88.76 million yuan, down 31.67% year-on-year [1] - The net profit attributable to the parent company after deducting non-recurring gains and losses was 65.94 million yuan, reflecting a 37.08% decrease from the previous year [1] Business Strategy - The company remains focused on the national high-end equipment manufacturing development strategy, emphasizing self-controlled core technologies [1] - There is a continuous focus on core business, optimization of product structure, and expansion of application scenarios [1] - In 2025, the company diversified its product sales, maintaining advantages in high-end CNC machine tools while significantly increasing sales of flexible automation production lines [1] Market Conditions - The decline in annual sales revenue and net profit is linked to the slowdown in overseas business progress due to policy-related factors [1]

Core Viewpoint - The company reported a decline in both revenue and net profit for the fiscal year 2025, attributed to various domestic and international policy factors affecting overseas business progress [1] Financial Performance - The company achieved an operating revenue of 552 million yuan, a decrease of 8.86% compared to the same period last year [1] - The net profit attributable to the parent company was 88.76 million yuan, down 31.67% year-on-year [1] - The net profit attributable to the parent company after deducting non-recurring gains and losses was 65.94 million yuan, reflecting a 37.08% decrease from the previous year [1] Business Strategy - The company remains focused on the national high-end equipment manufacturing development strategy, emphasizing self-controlled core technologies [1] - There is a continuous focus on core business, optimization of product structure, and expansion of application scenarios [1] - In 2025, the company diversified its product sales, maintaining advantages in high-end CNC machine tools while significantly increasing sales of flexible automation production lines [1] Market Conditions - The decline in annual sales revenue and net profit is linked to the slowdown in overseas business progress due to policy factors [1]

格隆汇2月13日丨科德数控(688305.SH)在互动平台表示，公司是国内极少数同时掌握高档数控系统与高 端数控机床双研发能力的上市企业，核心功能部件自主可控，产品在航空航天等战略领域已实现批量化 进口替代。公司凭借持续的高研发投入、完整的产业链布局、强劲的定制化能力、本土化服务及数据安 全等优势，在市场上形成差异化替代能力。公司坚持既定战略，脚踏实地推进研发攻关，助力我国高端 装备制造业高质量发展。 ...

（文章来源：证券日报） 证券日报网2月12日讯 ，科德数控在接受调研者提问时表示，公司在半导体领域取得突破，成功拓展了 多家新用户，采购了公司KMC系列不同规格设备，用于半导体行业光学仪器模具及高精度铝合金零部 件的精密制造。 ...

Core Viewpoint - The article highlights the challenges of integrating education and industry in China, emphasizing the need for skilled workers to operate advanced machinery and the structural mismatch between educational institutions and industry demands [1][2]. Group 1: Industry Challenges - The lack of skilled workers, referred to as "great country craftsmen," is a significant issue, as many students struggle to operate advanced equipment due to inadequate training [1]. - Companies face difficulties when introducing top-tier equipment, as operators often lack the necessary skills to utilize these machines effectively [1]. - Educational institutions are unable to keep pace with industry changes, leading to outdated teaching methods and equipment [1]. Group 2: Proposed Solutions - The proposal includes implementing "order-based school-enterprise cooperation" to provide students with clear employment pathways from the start of their education, along with financial incentives for companies that retain graduates [2]. - A dynamic "urgent talent capability map" is suggested to facilitate the flow of personnel between schools and enterprises, allowing skilled workers to teach and educators to gain practical experience [2]. - The company aims to establish a talent incentive system and enhance collaboration with educational institutions to ensure students receive mentorship and practical training in real-world settings [2].

近90天内，4家机构对科德数控给出评级，其中3家为"买入"，1家为"增持"，目标均价为77.48元，较当 前股价存在一定溢价空间。机构观点普遍关注公司在新兴领域(如航空航天、半导体、医疗)的订单拓展 能力，以及轴向磁通电机等新品的研发进展(计划2026年初推出样机)。不过，2025年三季报显示公司利 润端承压，主要受股份支付费用增加影响，需持续跟踪后续业绩改善情况。 股票近期走势 以上内容基于公开资料整理，不构成投资建议。 经济观察网根据近期资讯，科德数控(688305)在近7天(2026年2月5日至2月12日)的热点事件主要集中在 公司战略动态和资金流向方面。 近期股价呈现震荡上行态势，截至2月12日最新收盘价为59.81元，近5日累计上涨1.80%。资金流向方 面，2月9日主力资金净流入524.95万元，占当日成交额的4.89%，游资资金同步净流入1045.3万元，显 示短期资金面有所改善。但需注意，股价波动受多重因素影响，市场情绪仍需观察。 近期事件 机构观点 科德数控于2月6日接待了宽潭资本的调研，公司在调研中强调坚持"价值竞争"策略，实行高端机型和经 济机型双轨驱动，以应对通用机床市场的价格竞争。同 ...

（编辑 王雪儿） 证券日报网2月10日讯 ，科德数控在接受调研者提问时表示，公司设备在民用市场中具备以下优势：一 是强大的定制化服务能力，能够根据用户需求快速提供工艺解决方案；二是响应速度快，本土化服务团 队能够提供及时的技术支持和售后维护；三是数据安全性，公司拥有自主可控的数控系统，能够满足客 户对核心技术保密性的要求，特别是在当前供应链安全备受重视的背景下，国产设备提供了可靠的替代 性，公司已将这些优势转化为市场竞争力。 ...

Core Viewpoint - The company emphasizes "value competition" over mere "price competition," focusing on high-end and economical product lines to balance short-term market competition with long-term development needs [2] Group 1: Company Strategy - The company implements a dual-track strategy with high-end and economical product models to enhance market competitiveness while maintaining quality [2] - The core competitive advantages lie in equipment reliability and precision retention, which are critical hard indicators for the company's offerings [2] - Cost reduction is achieved through optimized design without compromising quality, ensuring sustainable growth [2] Group 2: Market Perspective - The company believes that the market will eventually return to rationality, where only technically proficient enterprises can sustain long-term development [2] - Strengthening after-sales service and technical support is a key strategy to enhance customer loyalty and retention [2]

证券日报网讯2月9日，科德数控在互动平台回答投资者提问时表示，公司已制定并实施《市值管理制 度》，确立了系统化管理架构，并将市值管理的相关职责纳入常态化工作考核，形成长效管理机制。 ...

Core Viewpoint - The company, Kede CNC, demonstrates strong independent research and development capabilities and has established significant competitive barriers through its collaboration with national industrial needs, as evidenced by its involvement in numerous standards and projects [2]. Group 1: Standards and Projects - As of December 31, 2025, the company’s core technology team has participated in the formulation of 26 national standards and 12 industry and group standards [2]. - The company has hosted and undertaken 47 national major science and technology special projects and 35 other national and local research and development projects [2].