证券代码：688305 证券简称：科德数控 公告编号：2025-004 科德数控股份有限公司 关于增加公司 2024 年度日常关联交易预计的公告 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。 重要内容提示： 科德数控股份有限公司（以下简称"公司"）本次增加 2024 年度日常关 联交易预计事项在董事会审议权限范围内，无需提交股东大会审议。 日常关联交易对上市公司的影响：本次增加日常关联交易预计事项系因 公司于 2024 年签订合同金额为人民币 22,384.00 万元（含税）的产线销售合同， 所加工产品均为航空关键零件（具体内容详见公司于 2024 年 7 月 12 日在上海证 券交易所网站（www.sse.com.cn）披露的《科德数控股份有限公司关于签订日常 经营重大合同的公告》（公告编号：2024-039））。公司在遵循公平、公正、公 允的市场化定价原则，且不存在损害公司及全体股东尤其是中小股东利益的前提 下，为保障该合同顺利高效并按时履约，增加自动化产线配套零部件相关的必要 关联交易。公司主营业务收入、利润来源不 ...

证券代码：688305 证券简称：科德数控 公告编号：2025-003 科德数控股份有限公司 第三届监事会第十五次会议决议公告 本公司监事会及全体监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、监事会会议召开情况 科德数控股份有限公司监事会 2025 年 3 月 5 日 经与会监事投票表决，会议审议并通过了《关于增加公司 2024 年度日常关 联交易预计的议案》。 经审议，监事会认为，公司本次增加 2024 年度预计发生的日常关联交易系 公司业务发展需要，交易价格由双方参照市场价格协商确定，遵循平等自愿的原 则，不存在损害公司及全体股东尤其是中小股东利益的情形，不存在影响公司独 立性或因上述关联交易而对关联方形成重大依赖的情形，决策程序符合相关法律 法规及《公司章程》的有关规定。 具体内容详见公司同日在上海证券交易所网站（www.sse.com.cn）披露的《科 德数控股份有限公司关于增加公司 2024 年度日常关联交易预计的公告》（公告 编号：2025-004）。 表决结果：同意 2 票；反对 0 票；弃权 0 票，关联监事王建军先生 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [1][11]. Core Insights - The company reported a significant increase in new orders and revenue growth, driven by a diverse product sales strategy and the introduction of flexible automation production lines [8]. - The company received substantial government subsidies totaling 69.09 million yuan, which significantly boosted its profitability [8]. - The company is focusing on expanding its production capacity, with ongoing projects expected to alleviate production bottlenecks and support future revenue growth [8]. Financial Performance Summary - For 2023, the total revenue was 452.26 million yuan, with a year-on-year growth rate of 43.37%. The net profit attributable to the parent company was 101.99 million yuan, reflecting a 69.01% increase [7]. - The forecast for 2024 estimates total revenue of 605.47 million yuan, a 33.88% increase, and a net profit of 130.45 million yuan, a 27.91% increase [7]. - The earnings per share (EPS) for 2024 is projected to be 1.28 yuan, with a price-to-earnings (P/E) ratio of 58.70 [7]. Order and Production Capacity - The company experienced a 24% year-on-year increase in new orders, with a significant portion coming from the aerospace and military sectors [8]. - The production capacity expansion is progressing steadily, with new production lines expected to start trial operations in early 2025 [8]. Valuation and Profitability - The company maintains a high gross margin for its machine products, with profitability expected to improve as production capacity increases [8]. - The projected net profit for 2024-2026 is adjusted to 130 million, 180 million, and 242 million yuan respectively, with corresponding EPS of 1.28, 1.76, and 2.37 yuan [8].

Investment Rating - The investment rating for the company is "Buy" (maintained) [1][11]. Core Insights - The company reported a significant increase in new orders and revenue growth, driven by a diverse product sales strategy and the introduction of flexible automation production lines [8]. - The company received substantial government subsidies totaling 69.09 million yuan, which significantly boosted its profitability [8]. - The company is focusing on expanding its production capacity, with ongoing projects expected to alleviate production bottlenecks and support future revenue growth [8]. Summary by Sections Financial Performance - In 2024, the company achieved total revenue of 605.47 million yuan, a year-on-year increase of 33.88%, and a net profit of 130.45 million yuan, up 27.91% [8]. - The company’s diluted EPS for 2024 is projected at 1.28 yuan, with a P/E ratio of 58.70 [7][8]. Order Growth - New orders increased by approximately 24% year-on-year, with the majority coming from complete machine sales, which accounted for about 65% of the new orders [8]. - The aerospace and military sectors contributed significantly, with new orders in aerospace growing by about 10% [8]. Capacity Expansion - The company is making steady progress in its capacity expansion projects, with new production lines expected to start trial operations in early 2025 [8]. - The expansion is anticipated to release production capacity and support the fulfillment of existing orders, driving future growth [8].

Core Viewpoint - The company is advancing the development and application iteration of intelligent CNC systems based on domestic CPU chips through collaboration with various academic and technological institutions, focusing on local deployment of AI models for enhanced functionalities [1] Group 1: Collaboration and Partnerships - The company has partnered with Longxin Technology Co., Ltd., and teams from Tsinghua University and Beihang University to enhance its CNC systems [1] - The collaboration aims to leverage expertise in AI and technology to improve the company's product offerings [1] Group 2: Technological Advancements - The company is conducting application validation work on several AI models, including iFlytek Spark and DeepSeek, to enhance features such as intelligent interaction, predictive maintenance, and fault analysis [1] - The focus is on optimizing processing technology and building a technical support library to improve the overall efficiency of CNC systems [1]

Investment Rating - The investment rating for the company is "Accumulate" [5] Core Views - The company's performance for 2024 is expected to show significant growth, with revenue projected at 605.11 million yuan, a year-on-year increase of 33.80%, and net profit attributable to shareholders expected to reach 130.45 million yuan, up 27.91% year-on-year. This growth is attributed to a rapid increase in sales orders and an accelerated diversification of products, including new sales orders for flexible automation production lines [2][5] - The company has actively participated in national government projects, receiving a total of 69.09 million yuan in government subsidies, with approximately 36% of the expected net profit for 2024 coming from these subsidies [3] - A stock incentive plan for 2024 has been introduced, demonstrating the company's confidence in long-term development. The plan aims to incentivize key personnel and is linked to specific revenue and profit growth targets for 2025 and 2026 [4] Financial Summary - The company's total revenue and net profit forecasts for 2024-2026 have been adjusted upwards, with net profit estimates of 1.30 billion yuan for 2024, 1.78 billion yuan for 2025, and 2.59 billion yuan for 2026. The corresponding price-to-earnings ratios are projected to be 52, 38, and 26 times, respectively [5] - By the end of 2024, the company's total assets are expected to reach 2.249 billion yuan, a 49.95% increase from the beginning of the year, while equity attributable to shareholders is projected to grow by 61.13% to 1.827 billion yuan [2]

Financial Performance - In 2024, the company achieved total operating revenue of RMB 605,474,164.58, representing a year-on-year increase of 33.88%[6] - The net profit attributable to the parent company was RMB 130,446,662.98, reflecting a year-on-year growth of 27.91%[6] - The net profit attributable to the parent company after deducting non-recurring gains and losses was RMB 105,281,231.88, up 36.75% compared to the previous year[6] - The earnings per share increased by 20.50% to RMB 1.3189[4] Assets and Equity - The company's total assets at the end of the reporting period reached RMB 2,248,803,207.73, a 49.95% increase from the beginning of the year[7] - The equity attributable to the parent company increased by 61.13% to RMB 1,826,683,909.28[7] - The total share capital rose by 9.72% to RMB 102,235,906.00[7] Return on Investment - The weighted average return on net assets decreased by 1.15 percentage points to 8.27%[4] Business Development - The company diversified its product sales, adding flexible automation production line orders in 2024, contributing to revenue growth[6] - The company received RMB 600 million from a private placement, enhancing its financial position and total assets[7]

Core Viewpoint - The company reported significant growth in revenue and net profit for the year 2024, indicating a strong performance in the market [1] Financial Performance - The company achieved a total operating revenue of 605 million yuan, representing a year-on-year increase of 33.88% [1] - The net profit reached 130 million yuan, showing a year-on-year growth of 27.91% [1] - The basic earnings per share were reported at 1.32 yuan [1] Sales and Product Diversification - There was a rapid increase in sales orders during the reporting period [1] - The company diversified its product sales, adding new sales orders for flexible automation production lines in addition to its high-end CNC machine tools, such as five-axis vertical machining centers and five-axis horizontal milling-turning composite machining centers [1]

证券代码：688305 证券简称：科德数控 公告编号：2025-001 二、补助的类型及其对上市公司的影响 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。 科德数控股份有限公司 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"）于近日收到三笔国家项目补助 资金共计人民币 5,693.00 万元、及三笔智造强省项目补助资金共计人民币 1,216.00 万元，以上补助资金合计人民币 6,909.00 万元。上述国家项目（均为 涉密项目）和智造强省项目均为公司牵头的项目，部分项目后续需对项目的参研 单位拨付部分补助款项。公司实际获得的补助资金合计为人民币 4,736.40 万元， 均为与资产相关。 特此公告。 科德数控股份有限公司董事会 2025 年 2 月 5 日 ...

Group 1: Product Development - The KMC1000 model, featuring high dynamic all-direct drive technology, aims to enhance processing speed and energy efficiency, addressing the needs of various customer sectors [16] - The KMC1000 will enter mass trial production next year, with plans for iterative updates based on application feedback [7] - The company is committed to developing high-precision equipment for the new energy vehicle sector, utilizing linear motor technology for improved efficiency and precision [16] Group 2: Aerospace Sector Demand - There is a strong demand for five-axis CNC machine tools in China's aerospace and military sectors, particularly for large aircraft components [7] - The company’s five-axis CNC machines are involved in the production of critical aircraft parts, including wings, fuselage, and landing gear [7] - The large-scale flip milling machine can process components for C919 and C929 civil aviation projects, while the small-scale version covers 70% of medium and small-sized aerospace structural components [13] Group 3: Investor Relations Activities - Investor relations activities include site visits and roadshows, with meetings scheduled in Dalian and Shanghai [15] - Participating institutions in the investor relations activities include major funds such as 富国基金 and 博时基金 [15] - The company aims to enhance communication with investors through various formats, including one-on-one discussions and analyst meetings [11]