（记者 曾健辉） 每经AI快讯，科德数控10月12日晚间发布公告称，科德数控股份有限公司及全资子公司宁夏科德数控 科技有限公司于近日收到项目补助资金共计人民币5682.6万元，其中部分项目为公司牵头的项目，后续 公司需对项目的参研单位拨付部分补助款项。 每经头条（nbdtoutiao）——万亿美元"世纪豪赌"！英伟达、OpenAI等巨头集体出手！循环融资靠谱 吗？专家：AI泡沫规模已是2008年全球房地产泡沫的4倍 ...

关于获得政府补助的公告 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、准确性和完整性依法承担法律责任。 一、获得补助的基本情况 科德数控股份有限公司（以下简称"公司"）及全资子公司宁夏科德数控科 技有限公司（以下简称"宁夏科德"）于近日收到项目补助资金共计人民币 5,682.60 万元，其中部分项目为公司牵头的项目，后续公司需对项目的参研单 位拨付部分补助款项。公司及宁夏科德实际获得的补助资金合计为人民币 4,539.39 万元，均为与资产相关。 证券代码：688305 证券简称：科德数控 公告编号：2025-023 科德数控股份有限公司 特此公告。 科德数控股份有限公司董事会 2025 年 10 月 13 日 二、补助的类型及其对公司的影响 公司根据《企业会计准则第 16 号——政府补助》的相关规定，确认上述事 项并划分补助类型。上述政府补助未经审计，具体的会计处理以及对公司损益的 影响最终以审计机构年度审计确认后的结果为准。敬请投资者注意投资风险。 ...

Group 1: Research Basic Information - Research object: Kede CNC [17] - Industry: General equipment [17] - Reception time: October 10, 2025 [17] - Company reception staff: Board Secretary, Zhu Lihua [17] Group 2: Detailed Research Institutions - Research institutions: Guojin Machinery, Golden Eagle Fund [18] - Institution types: Others, Fund management company [18] Group 3: Core Views - The company is actively deploying the R & D of axial flux motor products, which will show great advantages in low - altitude economy, new energy vehicles, humanoid robots and other fields [21] - The company adheres to the development strategy of independent and controllable core technologies, with four general technology platform products and four special technology platform products, enhancing its anti - risk and core competitiveness [22] - The maturity of high - value products is increasing, and the company will further promote the external sales of high - end CNC systems and key functional components after the release of production capacity [22]

Core Viewpoint - Kede CNC experienced a 5.79% increase in stock price on October 9, with a trading volume of 382 million yuan, indicating strong market interest and activity [1]. Financing Summary - On October 9, Kede CNC had a financing buy-in amount of 65.67 million yuan and a financing repayment of 41.61 million yuan, resulting in a net financing buy-in of 24.06 million yuan [1]. - As of October 9, the total financing and securities lending balance for Kede CNC was 371 million yuan, with the financing balance accounting for 4.03% of the circulating market value, which is above the 90th percentile of the past year [1]. - In terms of securities lending, Kede CNC had a repayment of 200 shares and a sell-out of 2,200 shares on October 9, with a sell-out amount of 152,900 yuan, and a remaining securities lending volume of 8,362 shares, which is above the 80th percentile of the past year [1]. Business Performance - As of June 30, Kede CNC reported a total of 10,000 shareholders, an increase of 7.08% from the previous period, with an average of 13,208 circulating shares per person, up by 21.40% [2]. - For the first half of 2025, Kede CNC achieved an operating income of 295 million yuan, representing a year-on-year growth of 15.24%, and a net profit attributable to shareholders of 49.06 million yuan, reflecting a growth of 1.27% [2]. Dividend and Shareholding - Kede CNC has distributed a total of 50.47 million yuan in dividends since its A-share listing [3]. - As of June 30, 2025, the top ten circulating shareholders included Huaxia CSI Robot ETF (562500) as the tenth largest shareholder, holding 1.793 million shares as a new shareholder [3].

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]