证券日报网讯精工科技（002006）8月19日在互动平台回答投资者提问时表示，近年来，公司密切关注 机器人产业的技术与市场发展趋势，依托自身碳纤维核心产业上下游领域业务协同及收购浙江精功机器 人智能装备有限公司(以下简称精功机器人)少数股东股权并吸收合并其经营团队等途径，积极延伸布局 机器人等业务。目前，公司研发团队(主要来源于精功机器人)在第一代单关节(髋关节)外骨骼机器人研 发的基础上，迭代和优化升级的第二代外骨骼机器人已完成测试和定型，公司争取尽快形成小批量量 产。另外，公司通过认购杭州光合贰期创业投资合伙企业(有限合伙)私募基金份额，间接持有机器人标 杆企业——宇树科技0.0537%的股份。 ...

证券日报网讯精工科技（002006）8月19日在互动平台回答投资者提问时表示，公司自与 GrapheneFibreLimitedT/aGIMGrapheneFibre(简称沙特GIM公司)签署《销售合同》以来，高度重视并一 直在极力推进合同履约进度。该事项后续如有进展，公司将按规定及时履行信息披露义务。 ...

格隆汇8月19日丨精工科技(002006.SZ)在投资者互动平台表示，近年来，公司密切关注机器人产业的技 术与市场发展趋势，依托自身碳纤维核心产业上下游领域业务协同及收购浙江精功机器人智能装备有限 公司（以下简称精功机器人）少数股东股权并吸收合并其经营团队等途径，积极延伸布局机器人等业 务。目前，公司研发团队（主要来源于精功机器人）在第一代单关节（髋关节）外骨骼机器人研发的基 础上，迭代和优化升级的第二代外骨骼机器人已完成测试和定型，公司争取尽快形成小批量量产。另 外，公司通过认购杭州光合贰期创业投资合伙企业（有限合伙）私募基金份额，间接持有机器人标杆企 业——宇树科技0.0537%的股份。 ...

格隆汇8月19日丨精工科技(002006.SZ)在投资者互动平台表示，公司暂无在脑机接口领域开展布局。 ...

Core Viewpoint - Zhejiang Jinggong Integrated Technology Co., Ltd. reported a steady performance in the first half of 2025, with significant growth driven by its carbon fiber equipment business, which accounts for nearly 60% of its revenue [1][2][4] Financial Performance - The company achieved operating revenue of 1.061 billion yuan, a year-on-year increase of 10.31% from 962 million yuan [2] - Net profit attributable to shareholders reached 113 million yuan, reflecting a year-on-year growth of 15.55% [2] - The net profit growth rate outpaced revenue growth, indicating ongoing improvement in profitability [2] Business Segments - Revenue from carbon fiber equipment reached 629 million yuan, a substantial increase of 59.53%, making it the company's primary revenue source, accounting for 59.31% of total revenue [2] - The company has established a comprehensive layout in the carbon fiber industry chain, achieving over 60% market share domestically and reaching international advanced technology levels [2] R&D and Innovation - In the first half of 2025, the company applied for 88 patents, including 28 invention patents, showcasing its commitment to innovation [3] - The self-developed "gas-electric hybrid heating end-to-end pre-oxidation furnace" received recognition as the "first set of equipment in the country" for 2024 [3] Strategic Directions - The company plans to focus on the carbon fiber industry chain, aerospace (low-altitude) economy, and circular economy, accelerating technological iteration and market expansion [4] - The implementation of the "equipment leading, material collaboration, application support" development model aims to further solidify the company's leading position in the industry [4]

Core Insights - The company reported a total revenue of 1.061 billion yuan for the first half of 2025, marking an increase of 99.182 million yuan or 10.31% year-on-year, achieving three consecutive years of growth [1] - The net profit attributable to shareholders reached 113 million yuan, an increase of 15.55% year-on-year, with an increase of 15.2697 million yuan compared to the same period last year, achieving two consecutive years of growth [1] - The net cash flow from operating activities was -36.8677 million yuan [1] Financial Ratios - The latest debt-to-asset ratio is 41.51%, a decrease of 1.44 percentage points from the previous quarter and a decrease of 8.67 percentage points from the same period last year [3] - The latest gross profit margin is 28.60%, an increase of 2.80 percentage points compared to the same period last year [3] - The latest return on equity (ROE) is 4.79% [3] Earnings Per Share and Turnover - The diluted earnings per share is 0.22 yuan [3] - The latest total asset turnover ratio is 0.26 times [3] - The latest inventory turnover ratio is 1.95 times, an increase of 0.42 times year-on-year, achieving three consecutive years of growth and a year-on-year increase of 27.16% [3] Shareholder Structure - The number of shareholders is 59,400, with the top ten shareholders holding a total of 191 million shares, accounting for 36.82% of the total share capital [3] - The largest shareholder is Zhongjianxin (Zhejiang) Venture Capital Co., Ltd., holding 26.21% of the shares [3]

Core Insights - Jinggong Technology reported a growth in operating performance for the first half of 2025, achieving operating revenue of 1.061 billion yuan, a year-on-year increase of 10.31%, and a net profit attributable to shareholders of 113 million yuan, up 15.55% year-on-year [1] Financial Performance - The net profit margin improved from 10.21% in the first half of 2024 to 10.69% in 2025, while the gross profit margin increased from 25.80% to 28.60%, indicating enhanced profitability [3] - The return on equity (ROE) decreased to 4.78%, down 2.13 percentage points year-on-year, reflecting a decline in profitability quality [3] Operational Stability - The inventory turnover days decreased to 92.25 days, down 24.82% from the first half of 2024, indicating improved inventory management efficiency [5] - The net cash flow from operating activities turned negative at -37 million yuan, compared to a positive 67 million yuan in the same period of 2024, showing a decline in cash recovery ability [5] - The debt-to-asset ratio for the first half of 2025 was 41.51%, down 8.67 percentage points year-on-year, suggesting a reduction in debt levels and a more stable financial structure [5] Institutional Holdings - As of the first half of 2025, the number of institutions holding Jinggong Technology's stock decreased to 4, down from 40 in the same period of 2024, indicating a significant decline in institutional investor participation [7] - The company's market capitalization peaked at 16.545 billion yuan on July 20, 2022, and currently stands at 9.117 billion yuan, requiring an 81.47% increase in stock price to reach its historical high [7]

Financial Performance - The company reported a total revenue of 1.061 billion yuan for the first half of 2025, representing a year-on-year increase of 10.31% [1] - The net profit attributable to shareholders reached 113 million yuan, up 15.55% year-on-year [1] - In Q2 2025, total revenue was 657 million yuan, showing a significant year-on-year increase of 57.81% [1] - The net profit for Q2 2025 was approximately 69.99 million yuan, reflecting a year-on-year growth of 70.74% [1] Profitability Metrics - The gross margin improved to 28.6%, an increase of 11.53% compared to the previous year [1] - The net profit margin was recorded at 10.69%, up 4.67% year-on-year [1] - The total of selling, administrative, and financial expenses amounted to 96.02 million yuan, accounting for 9.05% of revenue, which is a 21.55% increase year-on-year [1] Balance Sheet Highlights - Cash and cash equivalents increased to 755 million yuan, a rise of 49.82% from the previous year [1] - Accounts receivable rose to 1.18 billion yuan, with a year-on-year growth of 39.22% [1] - Interest-bearing liabilities increased to 360 million yuan, reflecting an 18.80% rise [1] Shareholder Metrics - The net asset per share increased to 4.56 yuan, a significant rise of 54.94% year-on-year [1] - Earnings per share remained stable at 0.22 yuan, with no change compared to the previous year [1] - Operating cash flow per share was reported at -0.07 yuan, a decline of 148.27% year-on-year [1] Business Overview - The company has over 50 years of experience in equipment manufacturing and aims to be a leader in high-end specialized equipment technology and industry upgrades [4] - The core business focuses on carbon fiber full-chain high-end equipment and advanced composite new materials, following a development model of "equipment leading, materials collaborating, and applications supporting" [4] Investment Considerations - The company's return on invested capital (ROIC) was 6.58% last year, indicating average capital returns [3] - Historical data shows a median ROIC of 6.01% over the past decade, with a notable low of -8.85% in 2019 [3] - Analysts expect the company's performance in 2025 to reach 225 million yuan, with an average earnings per share forecast of 0.43 yuan [3]

Group 1 - The board of directors of Zhejiang Jinggong Integrated Technology Co., Ltd. held its ninth meeting on August 14, 2025, via electronic communication, with all nine directors participating [2]. - The board approved several resolutions, including the review of the 2025 semi-annual report and the special report on the storage and use of raised funds [2][3]. - The special report on the storage and use of raised funds for the first half of 2025 was prepared in accordance with relevant regulations and has been reviewed by the board's audit committee prior to submission [3]. Group 2 - The full text of the 2025 semi-annual report and its summary are available on the Giant Tide Information Network and were published in the Securities Times [3]. - The supervisory board provided verification opinions on the semi-annual report regarding the storage and use of raised funds, which are also published on the same platforms [3]. Group 3 - The announcement confirms that the information disclosed is true, accurate, and complete, with no false records or misleading statements [2]. - The meeting was conducted in compliance with legal and regulatory requirements, as well as the company's articles of association [2].

Meeting Summary - The ninth meeting of the ninth supervisory board of Zhejiang Jinggong Integrated Technology Co., Ltd. was held on August 4, 2025, via email and telephone, chaired by Mr. Zhang Junmo [2] - The meeting was conducted in compliance with legal, administrative regulations, departmental rules, and the company's articles of association [2] Resolutions Passed - The supervisory board reviewed and approved the company's 2025 semi-annual report, confirming that the preparation and review processes met legal and regulatory requirements, and the report accurately reflects the company's actual situation without any false records or misleading statements [2][3] - The supervisory board also approved the special report on the storage and use of raised funds for the first half of 2025, affirming that it accurately reflects the company's fund management and usage, complying with relevant regulations without any violations [3] Reference Documents - The full text of the 2025 semi-annual report and the special report on the storage and use of raised funds are available on the Giant Tide Information Network [2][3]