Group 1 - The core viewpoint of the news is that Nuwei CNC has shown significant trading activity, with a notable increase in financing and a stable stock performance, indicating investor interest and potential growth opportunities [1][2]. - On December 10, Nuwei CNC's stock rose by 1.50%, with a trading volume of 45.17 million yuan. The financing buy-in amount was 7.57 million yuan, while the financing repayment was 6.23 million yuan, resulting in a net financing buy of 1.33 million yuan [1]. - As of December 10, the total financing and securities balance for Nuwei CNC was 162 million yuan, which represents 2.28% of its circulating market value, indicating a high level of financing activity compared to the past year [1]. Group 2 - As of September 30, Nuwei CNC had 13,500 shareholders, an increase of 10.47% from the previous period, while the average circulating shares per person decreased by 9.48% to 33,841 shares [2]. - For the period from January to September 2025, Nuwei CNC achieved operating revenue of 2.07 billion yuan, reflecting a year-on-year growth of 12.88%. However, the net profit attributable to the parent company was 206 million yuan, a decrease of 9.36% compared to the previous year [2]. - Nuwei CNC has distributed a total of 604 million yuan in dividends since its A-share listing, with 523 million yuan distributed over the past three years [3].

Group 1 - The core viewpoint of the news is that Nuwei CNC has shown significant trading activity, with a notable increase in financing buy-ins and a high financing balance relative to its market value [1][2] - On December 8, Nuwei CNC's stock price increased by 1.30%, with a trading volume of 45.62 million yuan and a net financing buy of 3.82 million yuan [1] - As of December 8, the total financing and securities lending balance for Nuwei CNC reached 161 million yuan, which is 2.26% of its circulating market value, indicating a high level of financing activity [1] Group 2 - As of September 30, Nuwei CNC reported a total revenue of 2.07 billion yuan for the first nine months of 2025, reflecting a year-on-year growth of 12.88%, while the net profit attributable to shareholders decreased by 9.36% to 206 million yuan [2] - The company has distributed a total of 604 million yuan in dividends since its A-share listing, with 523 million yuan distributed over the past three years [3] - As of September 30, 2025, the number of shareholders increased by 10.47% to 13,500, while the average circulating shares per person decreased by 9.48% to 33,841 shares [2][3]

Investment Rating - The report maintains an investment rating of "Recommended" for the mechanical equipment industry [2][3]. Core Views - The mechanical equipment industry saw a 2.9% increase last week, ranking second among 31 primary industries. Sub-industries such as engineering machinery (+6%) and specialized equipment (+3.45%) showed strong performance, while rail transit equipment experienced a decline of 0.82% [3][14]. - The report suggests that with the completion of the third-quarter reports, market risk appetite is expected to improve. It recommends a balanced approach between technology growth and cyclical investments, focusing on sectors and stocks with performance support [3][4]. - Key areas of focus include humanoid robots, PCB equipment, semiconductor equipment, and cyclical recovery in engineering machinery and general equipment [3][4]. Summary by Sections 1. Recent Trends - In November 2025, excavator sales reached 20,027 units, a year-on-year increase of 13.9%. Domestic sales were 9,842 units (+9.11%), while exports were 10,185 units (+18.8%). Cumulatively, from January to November, 212,162 excavators were sold, marking a 16.7% increase year-on-year [5][44]. - The report highlights a structural recovery in the industry, driven by domestic demand from large projects and a new round of replacement cycles [5][44]. 2. Sub-Industry Performance - The engineering machinery sector is experiencing a significant recovery, with excavator sales showing strong growth. The report emphasizes the importance of technological upgrades and global expansion for leading companies [5][44]. - The industrial robot sector saw a production increase of 17.9% in October 2025, indicating potential investment opportunities as the industry adjusts to new demands [28][44]. 3. Key Companies and Recommendations - The report identifies several companies for investment consideration, including XCMG Machinery (000425.SZ), SANY Heavy Industry (600031.SH), and Huazhong CNC (688697.SH), which are expected to benefit from the ongoing recovery and technological advancements in the industry [7][44]. - The semiconductor equipment sector is highlighted as a critical area for investment, with companies like North Huachuang (002371.SZ) and Zhongwei Company (688012.SH) recommended due to their strong market positions and growth potential [4][7]. 4. Policy and Market Drivers - The report notes that government policies are strongly supporting the high-end machine tool sector, with initiatives aimed at accelerating domestic production and technological breakthroughs [5][46]. - The global demand for high-end manufacturing is recovering, as indicated by Japan's machine tool orders, which have seen continuous growth driven by exports [5][46].

证券日报网讯 12月5日晚间，纽威数控发布公告称，天衡会计师事务所作为公司2025年度审计服务机 构，原指派王伟庆先生作为质量控制复核人，现因工作调整原因，指派陈婷婷女士为质量控制复核人， 继续完成公司2025年度审计相关工作。 （文章来源：证券日报） ...

证券代码：688697 证券简称：纽威数控 公告编号：2025-030 纽威数控装备（苏州）股份有限公司 关于审计机构变更质量控制复核人的公告 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。 纽威数控装备（苏州）股份有限公司（以下简称"公司"）于 2025 年 4 月 24 日召开第二届董事会第十七次会议审议通过了《关于 续聘会计师事务所的议案》，同意续聘天衡会计师事务所（特殊普通 合伙）为公司 2025 年度的财务审计机构和内部控制审计机构。具体 内 容 详 见 公 司 于 2025 年 4 月 25 日 在 上 海 证 券 交 易 所 网 站 （ www.sse.com.cn ）披露的《关于续聘会计师事务所的公告》（公 告编号：2025-008）。该事项已于 2025 年 5 月 23 日经公司召开的 2024 年年度股东大会审议通过。 2025 年 12 月 5 日，公司收到天衡会计师事务所出具的《关于变 更纽威数控装备（苏州）股份有限公司 2025 年度质量控制复核人的 函》，现将具体情况公告如下： 一、 本次变更 ...

来源：新浪证券-红岸工作室 12月5日，纽威数控涨2.19%，成交额4327.71万元，换手率0.62%，总市值70.34亿元。 异动分析 工业母机+人形机器人+新型工业化+高端装备+长三角一体化 1、公司主营业务是中高档数控机床的研发、生产及销售。主要产品是定柱式龙门加工中心系列、动柱 式龙门加工中心系列、五轴联动龙门加工中心系列、五轴立式加工中心系列、高速型立式加工中心系 列、电主轴立式加工中心系列、重切型立式加工中心系列、动柱型立式加工中心系列、门型立式加工中 心系列、数控立式车床系列、高速型卧式加工中心系列、重切型卧式加工中心系列、高效型卧式加工中 心系列、斜床身数控卧式车床系列、平床身数控卧式车床系列、其他机床。 2、根据2025年4月25日公告：公司针对人形机器人行业的丝杠和减速器等关键零部件加工工艺特点， 开发了人形机器人行业数控卧式车床系列。产品技术特点为30度倾斜床身结构，机械主轴、内置主轴、 副主轴、伺服刀架、动力刀架、液压尾架、伺服尾架等模块化设计，满足人形机器人行业零件高精密加 工要求。产品功能与应用为适用于人形机器人谐波减速器、空心杯电机、传感器、制动器、行星滚柱丝 杠等核心回转类零 ...

Group 1 - The core viewpoint of the news is that Nuwei CNC has shown mixed financial performance, with a slight increase in revenue but a decrease in net profit, alongside significant trading activity in its stock [1][2]. Group 2 - As of December 4, Nuwei CNC's stock price increased by 0.27%, with a trading volume of 25.08 million yuan. The financing buy-in amount was 4.08 million yuan, while the financing repayment was 5.89 million yuan, resulting in a net financing outflow of 1.81 million yuan [1]. - The total balance of margin trading for Nuwei CNC reached 161 million yuan, accounting for 2.34% of its circulating market value, which is above the 80th percentile of the past year [1]. - On the short selling side, Nuwei CNC had no shares sold or repaid on December 4, with a short selling balance of 0 shares, indicating a high level of short selling activity over the past year [1]. Group 3 - As of September 30, the number of shareholders of Nuwei CNC increased to 13,500, a rise of 10.47%, while the average circulating shares per person decreased by 9.48% to 33,841 shares [2]. - For the period from January to September 2025, Nuwei CNC reported a revenue of 2.07 billion yuan, reflecting a year-on-year growth of 12.88%, but the net profit attributable to shareholders decreased by 9.36% to 206 million yuan [2]. Group 4 - Nuwei CNC has distributed a total of 604 million yuan in dividends since its A-share listing, with 523 million yuan distributed over the past three years [3]. - Among the top ten circulating shareholders as of September 30, 2025, Guangfa Advantage Growth Stock A is the eighth largest shareholder with 3.16 million shares, while Ping An Advanced Manufacturing Theme Stock A is the tenth largest with 1.22 million shares, having reduced its holdings by 474,800 shares [3].

来源：新浪证券-红岸工作室 12月3日，纽威数控涨0.40%，成交额3111.40万元。两融数据显示，当日纽威数控获融资买入额534.54 万元，融资偿还409.22万元，融资净买入125.32万元。截至12月3日，纽威数控融资融券余额合计1.63亿 元。 资料显示，纽威数控装备(苏州)股份有限公司位于江苏省苏州高新区通安浔阳江路69号，成立日期1997 年4月29日，上市日期2021年9月17日，公司主营业务涉及中高档数控机床的研发、生产及销售。主营业 务收入构成为：大型加工中心41.31%，立式数控机床33.38%，卧式数控机床22.68%，其他机床及附件 2.14%，其他(补充)0.49%。 截至9月30日，纽威数控股东户数1.35万，较上期增加10.47%；人均流通股33841股，较上期减少 9.48%。2025年1月-9月，纽威数控实现营业收入20.70亿元，同比增长12.88%；归母净利润2.06亿元，同 比减少9.36%。 分红方面，纽威数控A股上市后累计派现6.04亿元。近三年，累计派现5.23亿元。 机构持仓方面，截止2025年9月30日，纽威数控十大流通股东中，广发优势成长股票A（0114 ...

Core Viewpoint - Nuwei CNC Equipment (Suzhou) Co., Ltd. focuses on the research, development, production, and sales of mid-to-high-end CNC machine tools, with a significant emphasis on humanoid robots and high-precision components [2][3][4]. Company Overview - Nuwei CNC specializes in mid-to-high-end CNC machine tools, offering over 200 models including large machining centers, vertical and horizontal CNC machines, and various accessories [3][4][8]. - The company's main revenue sources are large machining centers (41.31%), vertical CNC machines (33.38%), horizontal CNC machines (22.68%), and other machines and accessories (2.14%) [8]. Recent Developments - The company has developed a series of CNC horizontal lathes tailored for the humanoid robot industry, featuring a 30-degree inclined bed structure and modular design to meet high-precision processing requirements [2]. - Nuwei CNC's products are applicable in various sectors including automotive, engineering machinery, molds, valves, automation equipment, electronics, aviation, shipping, and general equipment [3][4]. Financial Performance - For the period from January to September 2025, Nuwei CNC achieved a revenue of 2.07 billion yuan, representing a year-on-year growth of 12.88%, while the net profit attributable to shareholders decreased by 9.36% to 206 million yuan [9]. - Since its A-share listing, the company has distributed a total of 604 million yuan in dividends, with 523 million yuan in the last three years [10]. Market Position - Nuwei CNC is categorized under the mechanical equipment industry, specifically in general equipment and machine tools, and is involved in several concept sectors including large aircraft, machinery, financing, and robotics [9].

Group 1 - The core viewpoint of the article highlights the performance and valuation of Nuwei CNC, which closed at 15.29 yuan with a PE ratio of 23.01 times, significantly lower than the industry average of 79.74 times [1][2] - Nuwei CNC's total market capitalization is reported at 6.993 billion yuan, ranking 67th in the general equipment industry based on PE ratio [1][2] - As of the third quarter of 2025, seven institutions hold shares in Nuwei CNC, with a total of 23.2715 million shares valued at 354 million yuan [1] Group 2 - Nuwei CNC specializes in the research, production, and sales of mid-to-high-end CNC machine tools, including large machining centers and vertical/horizontal CNC machine tools [1] - The company has received multiple honors in 2025, including recognition as an advanced intelligent factory in Jiangsu Province and various awards for technological innovation [1] - For the third quarter of 2025, Nuwei CNC reported revenue of 2.07 billion yuan, a year-on-year increase of 12.88%, while net profit decreased by 9.36% to 206 million yuan, with a gross profit margin of 20.67% [1]