南京埃斯顿自动化股份有限公司（以下简称"公司"）于 2024 年 12 月 30 日 日召开第五届董事会第十一次会议，审议并通过《关于减少公司注册资本并修订 <公司章程>的议案》，具体情况公告如下： 股票代码：002747 股票简称：埃斯顿 公告编号：2024-072 号 一、减少公司注册资本相关情况 南京埃斯顿自动化股份有限公司 关于减少公司注册资本并修订《公司章程》的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 除上述条款修订外，《公司章程》其他条款不变。修订后的《公司章程》详 见公司指定信息披露媒体巨潮资讯网（www.cninfo.com.cn）。 1 三、授权办理工商变更登记等相关事宜 上述事项尚需提交股东大会审议，并提请股东大会授权公司经营层办理工商 变更登记等相关事宜，本次变更内容和相关章程条款的修订最终以工商行政管理 部门的核准结果为准。 四、备查文件 1、公司第五届董事会第十一次会议决议； 2024 年 12 月 30 日，公司召开第五届董事会第十一次会议，审议通过了《关 于变更回购股份用途并注销的议案》。基于对公司未来发展前景的信心以 ...

股票代码：002747 股票简称：埃斯顿 公告编号：2024-073号 南京埃斯顿自动化股份有限公司 关于召开公司 2025 年第一次临时股东大会的通知 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 根据南京埃斯顿自动化股份有限公司（以下简称"公司"）第五届董事会第 十一次会议决议，公司决定召开 2025 年第一次临时股东大会，现将有关事项通 知如下： 一、召开会议的基本情况 1. 股东大会届次：2025 年第一次临时股东大会 2. 会议的召集人：公司董事会 3. 会议召开的合法性、合规性：公司第五届董事会第十一次会议审议通过 了《关于提议召开公司 2025 年第一次临时股东大会的议案》，本次股东大会的 召开符合有关法律、法规、部门规章、规范性文件、深圳证券交易所业务规则和 《公司章程》的规定。 4. 会议召开的日期和时间： 现场会议召开日期、时间：2025 年 1 月 15 日（星期三）下午 15:00 网络投票时间为：2025 年 1 月 15 日。其中，通过深圳证券交易所交易系统 进行网络投票的具体时间为：2025 年 1 月 15 日 9:15-9: ...

股票代码：002747 股票简称：埃斯顿 公告编号：2024-071 号 南京埃斯顿自动化股份有限公司 关于变更回购股份用途并注销的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 南京埃斯顿自动化股份有限公司（以下简称"公司"）于 2024 年 12 月 30 日召开第五届董事会第十一次会议、第五届监事会第十一次会议，审议通过了 《关于变更回购股份用途并注销的议案》。基于对公司未来发展前景的信心以 及对公司价值的认可，为提高公司长期投资价值，提升每股收益水平，进一步 增强投资者信心，公司拟将回购专用证券账户中 2,513,000 股回购股份的用途 由"用于员工持股计划或股权激励计划"变更为"用于注销并减少公司注册资 本"。该事项尚需提交公司股东大会审议。现将本次变更回购股份用途并注销 的相关情况公告如下： 一、已回购公司股份的基本情况 公司于 2021 年 9 月 13 日召开第四届董事会第十六次会议，审议通过了《关 于回购公司股份方案的议案》，同意公司以集中竞价交易方式，使用不低于人 民币 5,000 万元（含）且不超过人民币 10,000 万元（含） ...

股票代码：002747 股票简称：埃斯顿 公告编号：2024-069号 南京埃斯顿自动化股份有限公司 第五届董事会第十一次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 南京埃斯顿自动化股份有限公司（以下简称"公司"）第五届董事会第十 一次会议通知于 2024 年 12 月 27 日以电话、邮件等方式发出，会议于 2024 年 12 月 30 日在南京市江宁区吉印大道 1888 号（江宁开发区）公司会议室，以现 场结合通讯的表决方式召开。本次会议由董事长吴波先生主持，会议应参会董事 9 人，实际参会董事 9 人，本次会议的召开符合《公司法》及相关法律、法规以 及《公司章程》的规定。经审议，通过如下议案： 一、审议并通过《关于变更回购股份用途并注销的议案》 同意公司将回购专用证券账户中 2,513,000 股回购股份的用途由"用于员工 持股计划或股权激励计划"变更为"用于注销并减少公司注册资本"。注销完成 后，公司注册资本将由 86,953.1453 万元变更为 86,701.8453 万元；公司股本总 数将由 86,953.1453 万股变更为 ...

Investment Rating - The report assigns an "Accumulate" rating for the company, indicating a potential increase of 5% to 15% relative to the CSI 300 index over the next six months [3][25]. Core Insights - The company, Estun (002747), reported a revenue of 3.37 billion yuan for the first three quarters of 2024, reflecting a year-on-year growth of 4.4%. However, the net profit attributable to shareholders was a loss of 66.7 million yuan, a significant decline of 147.6% year-on-year [3][9]. - The third quarter showed a revenue increase of 21.7% compared to the previous quarter, with a slight narrowing of losses. The EBITDA for the third quarter was 86.28 million yuan, a year-on-year increase of 10.45% [3][9]. - The company is positioned as a leading domestic player in the industrial robotics sector, benefiting from the trend of domestic substitution, with a market share increase to 51.6% in the first three quarters of 2024, up 4.5 percentage points from the same period in 2023 [8][9]. Summary by Sections Financial Performance - For the first nine months of 2024, the company achieved a revenue of 3.37 billion yuan, with a year-on-year increase of 4.4%. The net profit attributable to shareholders was a loss of 66.7 million yuan, down 147.6% year-on-year. The EBITDA for the same period was 152.54 million yuan, a decrease of 41.38% year-on-year [3][9][10]. - The gross margin for the first three quarters of 2024 was 29.67%, a decline of 3.45 percentage points year-on-year, while the net margin was -1.83%, down 7.33 percentage points year-on-year [3][9]. Market Position and Industry Outlook - The industrial robotics sector is expected to enter an upward cycle due to equipment upgrades and domestic substitution trends. The production of industrial robots showed significant growth in the latter half of 2024, with year-on-year increases of 12.4% to 33.4% from June to October [7][8]. - The company is actively expanding its global supply chain and has established a presence in key manufacturing regions worldwide, enhancing its competitive edge [6][9]. Earnings Forecast and Valuation - The company is projected to achieve revenues of 5.04 billion yuan, 5.82 billion yuan, and 7.01 billion yuan for the years 2024, 2025, and 2026, respectively. The net profit forecasts for the same years are 0.08 billion yuan, 1.7 billion yuan, and 3.12 billion yuan, with corresponding PE ratios of 2096X, 101.47X, and 55.07X [9][10].

本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、交易概述 股票代码：002747 股票简称：埃斯顿 公告编号：2024-068号 南京埃斯顿自动化股份有限公司 关于转让产业投资基金份额的公告 1、南京埃斯顿自动化股份有限公司（以下简称"公司"）于 2022 年 11 月 30 日与鑫沅资产管理有限公司（以下简称"鑫沅资产"）签署了《江苏疌泉亚威 沣盈智能制造产业基金(有限合伙)财产份额转让协议》，公司以自有资金 6,000 万元受让鑫沅资产持有的江苏疌泉亚威沣盈智能制造产业基金（有限合伙）（以 下简称"亚威产业基金"）财产份额 4,379.56 万元（实缴出资 4,379.56 万元）。 交易完成后，公司成为亚威产业基金的有限合伙人，持有基金 5.84%的份额。具 体内容详见公司于 2022 年 12 月 2 日披露的《关于受让江苏疌泉亚威沣盈智能制 造产业基金（有限合伙）财产份额的公告》（公告编号：2022-080 号）。2022 年 12 月至今，公司累计收到亚威产业基金分配的收益约 515.60 万元。 注册地址：扬州市江都区黄海南路仙城工业园 法定 ...

股票代码：002747 股票简称：埃斯顿 公告编号：2024-067 号 南京埃斯顿自动化股份有限公司 关于参股公司增资暨关联交易的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 一、交易概述 南京埃斯顿自动化股份有限公司（以下简称"公司"）第五届董事会第十次 会议审议通过了《关于参股公司增资暨公司放弃优先认缴出资权的关联交易议 案》，同意参股公司南京埃斯顿酷卓科技有限公司（以下简称"埃斯顿酷卓"）根 据业务发展需要，引入新投资者先进制造产业投资基金二期（有限合伙）（以下 简称"先进制造业基金"）、江苏南京软件和信息服务产业专项母基金（有限合伙） （以下简称"南京产业专项母基金"）进行增资，增资金额人民币 13,000 万元， 其中先进制造业基金出资人民币 10,000 万元，南京产业专项母基金出资 3,000 万元。增资完成后，埃斯顿酷卓新增注册资本人民币 1,625 万元，增资金额与新 增注册资本差额计入其资本公积。 公司及埃斯顿酷卓其他原股东放弃上述增资的优先认缴出资权。增资完成后， 公司持有埃斯顿酷卓的股权比例将由增资前的 20%变更为 13 ...

Group 1: Market Position and Performance - The company's market share for general servo products in Q3 2024 is approximately 4.64%, showing year-on-year and quarter-on-quarter growth [6] - Domestic brands' market share increased from 28.6% in 2020 to 45.1% in 2023, reaching 51.6% in the first nine months of 2024 [9] - The company aims to enhance its market position by expanding applications in high-end sectors such as automotive manufacturing, semiconductors, and new energy [10] Group 2: Product Development and Innovation - The company has launched the first generation humanoid robot, Codroid 01, which was officially released in September 2024 and is positioned as an industry leader [7] - A strategic financing round raised 130 million RMB for product development, market expansion, and talent acquisition [7] - The company is focused on continuous product upgrades and technological iterations to drive sales growth and market share [6] Group 3: Industry Trends and Policies - The implementation of national policies encouraging equipment upgrades is expected to boost downstream demand and promote the automation industry [8] - The domestic industrial robot market is anticipated to enter a new growth cycle due to structural adjustments in downstream industries and increased investment in manufacturing [8] Group 4: Sales and Marketing Strategy - The company primarily utilizes a direct sales approach, targeting direct users, system integrators, and equipment manufacturers [10] - A regional marketing system has been established to adapt to market changes and improve sales efficiency [10] Group 5: International Expansion - The company has established 75 service outlets globally, covering major manufacturing regions in Europe, America, and Asia [10] - Plans for localized manufacturing in Eastern Europe are underway to enhance the company's global presence [10]

Investment Rating - The report assigns a "Buy" rating for the company Estun (002747.SZ) [2] Core Views - The industrial robot market saw a rebound in sales in Q3, and the company is expected to benefit from the development of new productivity initiatives [2] - The company is a leader in the domestic industrial robot sector, although it reported a cumulative net loss attributable to shareholders of 67 million RMB in the first three quarters, primarily due to weak downstream demand in sectors like photovoltaics [2] - With the gradual implementation of equipment renewal policies, the production growth rate of industrial robots is expected to improve month by month, leading to a year-on-year increase in revenue [2] - The company has received investments from advanced manufacturing funds, which is anticipated to accelerate its growth under government support [2] Financial Summary - The company reported a revenue of 1.2 billion RMB in Q3, representing a year-on-year growth of 21.7% [2] - The net profit attributable to shareholders for Q3 was 10 million RMB, recovering from a loss of 80 million RMB in Q2 [2] - The forecast for 2024 indicates a loss of 60 million RMB, with expected net profits of 170 million RMB and 350 million RMB in 2025 and 2026, respectively [2][4] - The estimated EPS for 2025 and 2026 is 0.19 RMB and 0.40 RMB, respectively, with corresponding P/E ratios of 92 times and 44 times [2][4] Market Position and Growth Potential - The company is positioned to capture opportunities in the high-tech industry, particularly in sectors such as shipbuilding, textiles, and packaging, as well as increased demand in electronics and automotive [2] - The government has begun to emphasize new productivity initiatives, which are expected to drive the development of high-tech industries, including industrial robots [2] - The company has introduced advanced manufacturing funds and received significant investments, which are likely to enhance its growth prospects [2]

股票代码：002747 股票简称：埃斯顿 公告编号：2024-066 号 南京埃斯顿自动化股份有限公司 关于公司及子公司获得政府补助的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 一、获取补助的基本情况 南京埃斯顿自动化股份有限公司（以下简称"公司"）及子公司近期收到与 收益相关的各类政府补助合计 14,182,278.39 元，收到与资产相关的各类政府补 助合计 3,000,726.00 元。根据《深圳证券交易所股票上市规则》等的有关规定， 现将公司及子公司自最近一次披露获得政府补助的公告至今收到的相关政府补 助情况公告如下： （一）与收益相关的政府补助 | 获得补助的主 | 补助项目/ 原 | 发放主体 | 补助金额 | 补助到 | | 补助类型 | 会计 | | --- | --- | --- | --- | --- | --- | --- | --- | | 体 | 因 | | （单位：元） | 账时间 | | | 处理 | | 南京埃斯顿机 器人工程有限 | 软件退税 | 南京国税 | 290,367.61 | 2024 | 年 | 与收益相 ...