Core Viewpoint - The company, Kede CNC (688305.SH), has a strong technical foundation in aerospace manufacturing and is expanding its product offerings and customer base in the civil aerospace sector [1] Group 1: Company Overview - Kede CNC has extensive technical expertise in the aerospace manufacturing field, with products widely used by numerous clients under the Aerospace Science and Industry Corporation and the China Aerospace Corporation [1] - The company has participated in the manufacturing of various aerospace vehicles and their supporting systems, including launch vehicles and satellites [1] Group 2: Industry Development - The company is actively expanding its product range and customer coverage in response to opportunities in the civil aerospace sector [1] - Continuous research and development of advanced CNC technologies and products are being pursued to provide robust equipment support for the development of the aerospace industry [1]

Core Viewpoint - The company has completed the cancellation of certain special accounts for raised funds, as the corresponding investment projects have been concluded and there are no remaining funds [1][6]. Fundraising Overview - The company raised a total of RMB 250,160,400.00 from its initial public offering (IPO) by issuing 22,680,000 shares at RMB 11.03 per share, with a net amount of RMB 191,524,459.16 after deducting issuance costs [1]. - In 2022, the company raised RMB 159,999,980.70 by issuing 2,457,757 shares at RMB 65.10 per share, resulting in a net amount of RMB 158,443,376.93 after costs [2]. - For 2023, the company raised RMB 599,999,986.62 by issuing 8,525,149 shares at RMB 70.38 per share, with a net amount of RMB 588,003,397.17 after deducting expenses [3]. Special Account Management - The company established special accounts for managing the raised funds in compliance with regulatory requirements, ensuring that funds are used specifically for designated projects [4]. - The company has signed tripartite/quadripartite agreements with its wholly-owned subsidiaries, sponsors, and banks to strictly monitor the use of the raised funds [4]. Cancellation of Special Accounts - The special account for the IPO funds at Industrial and Commercial Bank of China has been canceled as the corresponding projects have been completed with no remaining funds [6]. - The special account at China Merchants Bank for the project related to aerospace high-end five-axis CNC machine tools has also been canceled, with a balance of RMB 57.28 transferred to another account for pending payments [7]. - The special accounts for the 2022 fundraising have been canceled as all corresponding projects have been completed, with minimal interest income transferred to the company's working capital [8].

证券日报网讯1月5日，科德数控在互动平台回答投资者提问时表示，公司近期未收到任何大股东的减持 计划及信息，公司会密切关注股东减持情况，并及时履行信息披露义务。 ...

科德数控股份有限公司 关于注销部分募集资金专项账户的公告 证券代码：688305 证券简称：科德数控 公告编号：2026-001 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。 科德数控股份有限公司（以下简称"公司"）首次公开发行股票募集资金、 2022年以简易程序向特定对象发行人民币普通股（A股）股票（以下简称"2022 年度向特定对象发行股票"）募集资金及2023年度向特定对象发行人民币普通股 股票（以下简称"2023年度向特定对象发行股票"）募集资金均已按照相关法律、 法规和规范性文件的规定在银行开立了募集资金专项账户（以下简称"募集资金 专户"）。公司于近日办理完成部分募集资金专户的注销手续，现将具体情况公 告如下： 一、募集资金基本情况 1、首次公开发行股票 根据中国证券监督管理委员会（以下简称"中国证监会"）出具的《关于同 意科德数控股份有限公司首次公开发行股票注册的批复》（证监许可〔2021〕1590 号），公司首次向社会公众公开发行人民币普通股 22,680,000 股，每股发行价 格为人民币 11.03 ...

Core Insights - The CNC lathe industry in China is experiencing rapid growth, driven by the demand for high-precision and reliable equipment in emerging sectors such as new energy vehicles, aerospace, and high-end molds, with the market size projected to increase from 45.64 billion yuan in 2020 to 60.55 billion yuan in 2024, representing a compound annual growth rate (CAGR) of 7.32% [2] - The market size is expected to reach 63.17 billion yuan by 2025, indicating a shift towards efficient, flexible, and integrated solutions in CNC lathes as downstream industries continue to demand higher precision and complexity [2] Industry Overview - CNC lathes are a major type of CNC machine tool, which have significantly improved labor productivity, ensured processing quality, shortened production cycles, and reduced technical requirements for workers since their introduction in the 1950s [2][4] - The classification of CNC machine tools includes CNC lathes, CNC milling machines, and machining centers, categorized by processing function, axis count, and structural form [4][5] Industry Policies - The Chinese government has implemented various policies to promote the development of the CNC machine tool industry, recognizing it as a critical component of modern manufacturing [10] - Key policies include the "Implementation Plan for Equipment Renewal in the Industrial Sector" issued in April 2024, which focuses on upgrading CNC machine tools alongside other intelligent manufacturing equipment [10][12] Industry Chain - The CNC lathe industry chain consists of upstream raw materials (such as steel and cast iron), functional components, and systems; midstream production and manufacturing; and downstream applications in sectors like automotive manufacturing, aerospace, and consumer electronics [13] Market Trends - The CNC system market in China reached a peak of 15.93 billion yuan in 2021, driven by demand from sectors like new energy vehicles and consumer electronics, but saw a temporary decline in 2022 due to inventory adjustments [16] - As of 2023, the CNC system market is recovering, with a projected size of 15.7 billion yuan in 2024, indicating significant growth potential as the domestic CNC penetration rate remains lower than that of developed countries [16]

Core Viewpoint - The company has expanded its customer base significantly, with a notable increase in private sector clients, while maintaining a strong focus on technological innovation and market penetration across various industries [1] Group 1: Customer Base and Orders - The company's early customers were primarily state-owned enterprises and research institutions, but in recent years, the coverage has expanded to include a significant number of private clients [1] - In the first three quarters of 2025, the company achieved a new order repurchase rate of nearly 60%, with over 70% of these orders coming from private enterprises [1] Group 2: Technological Innovation and Market Expansion - The company is continuously enhancing its core competitiveness through technological iteration and AI empowerment [1] - It is actively increasing its market share in the aerospace sector while also strengthening its presence in low-altitude economy, automotive, medical, energy, shipping, machinery, semiconductor, and humanoid robot industries [1]

每经AI快讯，12月30日，科德数控(688305.SH)发布投资者关系活动记录表公告称，公司产品已广泛应 用于航空航天领域，已为航天科工、航天科技（000901）、中航工业、航发集团四大集团项下50余家主 机厂及科研院所提供设备，并实现批量化进口替代。近年来，公司不断深入民用航空领域，并成功与商 飞等达成合作，为大飞机核心结构件的精密加工提供国产高端五轴数控装备与工艺解决方案。同时，公 司依托在航天制造领域深厚的技术积淀，参与了运载火箭、卫星等各类航天器及其配套系统的制造，并 与多家商用航天领域用户推进合作。未来随着产能的不断释放，将进一步推动产品在航空航天领域的深 度应用和国产化进程加速，为保障国家航空航天产业链安全与自主可控贡献力量。 ...

Group 1: Industry Developments - The Shanghai Stock Exchange has released guidelines supporting commercial rocket companies to list on the Sci-Tech Innovation Board, marking a significant step in the commercialization of the space industry [1] - China has seen a surge in rocket launches, with over 10 launches in December alone, setting a record for the highest monthly launch count this year [2] - The Tianlong-3 reusable rocket, developed by Tianbing Technology, is set for its maiden flight, boasting a near-Earth orbit capacity of 17 tons, significantly surpassing previous models [2] Group 2: Company Performance - China Satellite and China Satcom both experienced stock price surges, with China Satellite hitting a closing price of 80 yuan per share, approaching its historical peak [2] - China Satcom's stock price has increased by over 35% in December, with its latest closing price exceeding 28 yuan per share [3] - The Zhongzheng Satellite Industry Index has risen by 32.45% in December, outperforming the Shanghai Composite Index, indicating strong performance in the commercial space sector [4] Group 3: Market Trends - The commercial space sector has emerged as a strong investment theme, with various indices related to space technology showing significant gains, including a nearly 75% increase in the Aerospace Equipment Select Index [4] - The satellite industry is experiencing robust growth, with major players like China Star Network and Shanghai Yanjin leading the development of satellite internet constellations [7] - The market for low-orbit satellite constellations is projected to reach trillions, driven by competition among major nations [8] Group 4: Company Engagement and Financing - A total of 95 companies involved in the satellite industry have been identified, with an average stock price increase of over 60% this year, and more than 20 companies seeing gains exceeding 100% [10] - Financing for these companies has surged, with a total financing balance of 690.55 billion yuan, reflecting a 45% increase from the previous year [14] - Companies like Shunhao Co., Aerospace Development, and New Light Optoelectronics have reported significant stock price increases, with Shunhao Co. rising over 420% this year [10]

Core Viewpoint - The company aims to deepen its autonomy in key sectors such as aerospace and energy by 2026, leveraging its technological and application expertise in the aerospace field to expand its presence in the commercial aerospace sector [2] Group 1: Strategic Focus - The company plans to capitalize on national strategic opportunities, such as the domestic large aircraft initiative, to enhance its industrial chain [2] - The company is accelerating the development of its pilot test base and innovation center projects [2] Group 2: Product Development and Market Expansion - The company is advancing the application of five-axis CNC equipment in critical components like fuselage structure parts, wings, and engine parts [2] - The company is actively exploring applications in emerging fields such as medical, semiconductor, low-altitude economy, and humanoid robots [2] - As the overall production capacity is released, the company will further expand its business in high-end CNC systems, key functional components, and after-sales services to increase market share [2]

Core Viewpoint - The company aims to deepen its autonomy in key sectors such as aerospace and energy by 2026, leveraging its technological and application expertise in the aerospace field to expand its presence in commercial aerospace [1] Group 1: Strategic Focus - The company plans to capitalize on opportunities arising from national strategic projects like domestically produced large aircraft, accelerating the development of its pilot test base and innovation center projects [1] - The company is committed to advancing five-axis CNC equipment solutions and their large-scale application in critical components such as fuselage structure parts, wings, and engine parts [1] Group 2: Market Expansion - The company is actively exploring applications of its products in emerging fields such as medical, semiconductor, low-altitude economy, and humanoid robots [1] - As the overall production capacity is released, the company will further promote the expansion of high-end CNC systems, key functional components, and after-sales services to continuously increase its market share [1]