股票代码：002747 股票简称：埃斯顿 公告编号：2024-057 号 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。 特别提示： 1、增持计划基本情况：南京埃斯顿自动化股份有限公司（以下简称"公司"） 于 2024 年 7 月 11 日披露了《关于公司实际控制人及部分董事、高级管理人员增 持公司股份计划的公告》（公告编号：2024-039 号）。公司实际控制人及部分董事、 高级管理人员计划自 2024 年 7 月 11 日起 6 个月内，通过深圳证券交易所交易系 统以集中竞价方式增持公司股份，合计增持金额不低于人民币 3,600 万元，不超 过人民币 6,000 万元。 2、增持计划实施进展：截至本公告披露日，本次增持计划实施时间已过半， 公司实际控制人及部分董事、高级管理人员通过深圳证券交易所系统以集中竞价 交易方式已累计增持本公司股份 2,242,433 股，约占本公司股份总数的 0.2579%， 合计增持金额 27,859,314 元。 3、公司实际控制人、董事长吴波先生与公司副董事长、总经理吴侃先生为 父子关系；吴波先生、吴侃先生分别持有公司控股股 ...

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 7 月 31 日召开第五届董事会第七次会议、第五届监事会第七次会议、于 2024 年 8 月 16 日召开 2024 年第三次临时股东大会，审议通过了《关于募集资金投资项目 整体结项并将节余募集资金永久补充流动资金的议案》，同意公司对非公开发 行股票募集资金投资项目予以整体结项，并将节余募集资金用于永久补充流动 资金。 具 体 内 容 详见 公 司 于 2024 年 8 月 1 日 披露 在 巨 潮 资讯 网 （http://www.cninfo.com.cn）的《关于募集资金投资项目整体结项并将节余 募集资金永久补充流动资金的公告》（公告编号：2024-043 号）。 股票代码：002747 股票简称：埃斯顿 公告编号：2024-056号 南京埃斯顿自动化股份有限公司 关于募集资金专户完成销户的公告 [注 2]: 该募集资金专户已于 2023 年 7 月完成注销，详见公司于 2023 年 8 月 3 日在巨潮资讯网 （http://www.cni ...

Group 1: Company Performance and Financials - The company's net profit has declined due to a slowdown in demand from the photovoltaic industry, increased competition, and rising fixed costs, leading to a significant impact on profitability [4] - In 2024, the target for industrial robot shipments is 30,000 units, with approximately 13,000 units shipped in the first half of the year [7] - The company has faced two consecutive quarters of losses in 2024, attributed to decreased sales and gross margin, alongside rising personnel costs and depreciation [10] Group 2: Market Position and Competitive Advantages - According to MIR data, in 2023 and the first half of 2024, the company ranked first in domestic industrial robot shipments and second in the overall Chinese market [4] - The company has established a core competitive advantage through years of independent innovation and technology accumulation across the entire automation industry chain [4] - The company’s strategy includes leveraging large customer relationships to enhance brand influence and market penetration, despite the strong bargaining power of these customers [10] Group 3: Research and Development Initiatives - The company maintains high R&D investment to ensure technological innovation and has outlined future research directions focusing on high-standard products and integration of emerging technologies like AI and digital twins [5] - The company is collaborating with its subsidiary, CoolZhu, to develop humanoid robots, aiming to enhance its product portfolio and technical layout [9] Group 4: Market Expansion Strategies - The company plans to expand its overseas market presence, targeting regions such as Europe, America, the Middle East, and Southeast Asia, while also supporting Chinese enterprises in international markets [5] - Strategies for domestic market improvement include focusing on large customers, regional marketing, and transitioning from single product sales to customized solution development [5] Group 5: Cost Reduction and Efficiency Improvement - The company is implementing cost reduction measures through supply chain optimization, local sourcing of materials, and lean manufacturing practices to improve gross margin levels [6] - Continuous product development and upgrades are essential for enhancing competitiveness and stabilizing future gross margins [6]

Financial Performance - Revenue for the first half of 2024 was 2.169 billion yuan, a decrease of 3.21% year-on-year [4] - Industrial robots and intelligent manufacturing business revenue: 1.653 billion yuan, down 4.55% [4] - Automation core components revenue: 516 million yuan, up 1.33% [4] - Domestic revenue: 1.436 billion yuan, down 9.4%, accounting for 66.21% of total revenue [4] - Overseas revenue: 733 million yuan, up 11.74%, accounting for 33.79% of total revenue [4] - Gross margin was 29.33%, down 3.76 percentage points [5] - Industrial robots and intelligent manufacturing gross margin: 28.13%, down 5.31 percentage points [5] - Automation core components gross margin: 33.17%, up 1.27 percentage points [5] - Net profit attributable to parent company: -73.416 million yuan, down 175.37% [5] - Operating cash flow: -342.1895 million yuan, down 271.55% [5] - R&D investment: 244 million yuan, accounting for 11.24% of revenue [5] Business Strategy and Adjustments - Focus on foreign product markets and accelerate domestic substitution [5] - Develop integrated motion control solutions with Trio motion controller + servo system [5] - Expand overseas markets by establishing sales teams and introducing high-end talent [5] - Improve contract quality and manage orders effectively [8] - Develop robots for emerging industries and high-barrier applications [8] - Continue cost reduction and efficiency improvement measures [8] Market and Industry Focus - Key industries for industrial robots: automotive, electronics, metal processing, welding, photovoltaic, lithium battery, and general industries [6] - Target for 2024 industrial robot shipments: 30,000 units/sets [6] - Automotive industry is a key focus for 2024, with plans to increase R&D investment in performance, quality, and application [6] - Welding robots are widely used in automotive, hardware, and building materials industries, with potential in shipbuilding [7] - General industries such as textiles, packaging, and electronics are showing good recovery momentum [7] Overseas Expansion - Overseas business expansion focuses on product priority, with completed CE, UL, and high-standard functional safety certifications [7] - Main markets for overseas expansion: Europe and Southeast Asia [7] - Cloos welding robots in Europe are mainly used in heavy equipment production, including engineering machinery and special vehicles [7] - Europe is the key market for overseas layout, with plans to explore North America, the Middle East, and Southeast Asia [9] Competitive Advantages - Implementation of a major customer strategy, with rapid market share growth and accumulated product promotion and project management experience [7] - Leveraging domestic substitution opportunities with improved product performance and service capabilities [7] - Future competition in the industrial robot market will be dominated by domestic brands, with increasing breakthroughs in high-barrier application industries [8] - Early-stage layout in humanoid robots for industrial applications, focusing on high precision, rigidity, and load capacity [8]

Investment Rating - The report maintains a "Buy" rating for the company with a target price of RMB 15.40 [1][6]. Core Views - The company reported a revenue of RMB 2.169 billion for H1 2024, a year-on-year decrease of 3.21%, and a net loss attributable to shareholders of RMB 73.416 million, a significant decline of 175.37% year-on-year. The second quarter saw a revenue of RMB 1.166 billion, down 7.10% year-on-year but up 16.24% quarter-on-quarter [1][2]. - The report anticipates a recovery in profitability, projecting net profits of RMB 0.02 billion, RMB 1.88 billion, and RMB 4.43 billion for 2024, 2025, and 2026 respectively, with a PE ratio of 70x for 2025 [1][10]. Revenue and Profitability - The company's revenue from automation core components and industrial robots was RMB 5.16 billion and RMB 16.5 billion respectively, with a year-on-year change of +1% and -5%. The decline in robot revenue is attributed to intensified market competition, despite a 10% increase in shipment volume [2][3]. - The gross margin and net margin for H1 2024 were 29.3% and -3.2%, reflecting a decrease of 3.8 and 7.8 percentage points year-on-year. The report indicates that the company is actively working on new product development and cost reduction measures to improve margins [3][4]. Cash Flow and Financial Management - The company experienced a significant cash outflow of RMB 342 million in operating cash flow for H1 2024, a decline of 272% year-on-year, primarily due to decreased gross margins and increased procurement costs [4][10]. - Future strategies include enhancing accounts receivable collection, optimizing supply chain management, and controlling costs to improve cash flow management [4][10]. Financial Projections - The report projects revenues of RMB 4.686 billion, RMB 5.460 billion, and RMB 6.533 billion for 2024, 2025, and 2026 respectively, with corresponding net profits of RMB 0.02 billion, RMB 1.88 billion, and RMB 4.43 billion [10][11]. - The expected growth rates for the automation core components and industrial robots segments are 7%, 7%, and 4% for the years 2024 to 2026 [8][10].

Financial Performance - The company reported a revenue of 500 million yuan for the first half of 2024, representing a year-on-year increase of 15%[7]. - The net profit attributable to shareholders reached 80 million yuan, up 20% compared to the same period last year[7]. - The company's operating revenue for the reporting period was ¥2,169,074,626.04, a decrease of 3.21% compared to the same period last year[12]. - The net profit attributable to shareholders was -¥73,415,999.71, representing a decline of 175.37% year-on-year[12]. - The net cash flow from operating activities was -¥342,189,546.99, a significant decrease of 271.55% compared to the previous year[12]. - The overall gross margin decreased to 29.33%, down 3.76 percentage points year-on-year, with the gross margin for industrial robots at 28.13%, down 5.31 percentage points[38]. - The company reported a net loss of CNY 69,825,755.74 for the first half of 2024, compared to a net profit of CNY 102,709,981.66 in the first half of 2023[120]. - The company’s basic and diluted earnings per share for the first half of 2024 were both CNY -0.08, compared to CNY 0.11 in the same period of 2023[120]. Research and Development - The company plans to invest 100 million yuan in R&D for new automation technologies in the upcoming year[7]. - The company achieved a research and development investment of 244 million yuan, accounting for 11.24% of its revenue during the reporting period[33]. - The company is committed to continuous R&D and product development based on market needs, employing an integrated product development model to enhance customer value[27]. - The company’s R&D investment has consistently remained around 10% of sales revenue, supporting its goal of technological innovation and leadership[32]. - The company has established a multi-level governance structure, including a board of directors and several specialized committees[136]. Market Expansion and Strategy - The company aims to expand its market presence in Southeast Asia, targeting a 30% growth in that region by 2025[7]. - The company is advancing its international development strategy while enhancing its core technology and autonomous business model[16]. - The company is accelerating its global business expansion, particularly in Europe, the Middle East, Southeast Asia, and North America, aiming for overseas markets to become a new growth point[38]. - The company plans to enhance product differentiation and optimize supply chains to gradually improve gross margin levels[38]. - The company is focusing on high-end application scenarios, particularly in the automotive, electronics, lithium battery, and photovoltaic industries, enhancing its competitive edge through technological innovation[23]. Financial Position and Assets - Total assets at the end of the reporting period amounted to ¥10,394,719,918.59, reflecting an increase of 3.11% from the end of the previous year[12]. - The company’s total assets reached ¥1,259,855,873.60 in fixed assets, which is 12.12% of total assets, up from 10.98% last year, attributed to overseas infrastructure investments[44]. - The company’s cash and cash equivalents decreased to ¥1,115,159,814.12, representing 10.73% of total assets, down from 12.17% in the previous year, a decline of 1.44%[44]. - The company’s total liabilities reached CNY 7,692,149,939.87, up from CNY 7,259,485,356.38, reflecting an increase of approximately 6.0%[114]. - The company’s equity attributable to shareholders decreased to CNY 2,574,502,684.89 from CNY 2,698,612,836.87, a decline of about 4.6%[114]. Environmental and Social Responsibility - The company strictly adheres to various environmental protection laws and standards, including the "Air Pollutant Comprehensive Emission Standard" and "Wastewater Comprehensive Discharge Standard" during its operations[74]. - The company invested over 500,000 RMB in environmental governance and protection during the reporting period[77]. - The company has implemented a comprehensive energy management system and has installed solar photovoltaic systems to reduce greenhouse gas emissions[80]. - The company has established emergency response plans for environmental incidents, with documentation filed with local environmental authorities[77]. - The company has taken measures to reduce resource consumption, including using recyclable packaging materials[80]. Risks and Challenges - The company faces risks related to macroeconomic conditions and industry development, which could impact market demand for automation products[60]. - Geopolitical risks, including ongoing international conflicts and trade tensions, may affect the company's international strategy and market access[60]. - The company is experiencing intensified market competition, particularly from international firms establishing local operations in China[61]. - The company plans to maintain a strategy of both endogenous and exogenous development to manage operational risks associated with its expanding scale[62]. - The company emphasizes the importance of attracting and retaining core technical talent to sustain its competitive advantage in the automation sector[63]. Shareholder and Governance Matters - No cash dividends will be distributed to shareholders for this reporting period[2]. - The company will not distribute cash dividends or issue bonus shares for the half-year period[67]. - The company terminated its long-term incentive plan for stock options, resulting in the cancellation of 9.039 million stock options granted to 284 participants[68]. - The employee stock ownership plan includes 180 employees holding a total of 6,727,400 shares, representing 0.77% of the company's total equity[69]. - The company held two temporary shareholder meetings in 2024, with investor participation rates of 52.12% and 49.31% respectively[65].

第五届董事会第八次会议决议公告 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"）第五届董事会第八次 会议通知于 2024 年 8 月 16 日以电话、邮件等方式发出，会议于 2024 年 8 月 28 日在南京市江宁区吉印大道 1888 号（江宁开发区）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，会议应出席董事 9 人，实际出席 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，逐项通过如下议案： 一、审议并通过《关于<公司 2024 年半年度报告>及其摘要的议案》 股票代码：002747 股票简称：埃斯顿 公告编号：2024-050号 《公司 2024 年半年度报告》全文及摘要详见公司指定信息披露媒体巨潮资 讯网（www.cninfo.com.cn）。 南京埃斯顿自动化股份有限公司 备查文件： 特此公告。 南京埃斯顿自动化股份有限公司 董 事 会 表决结果：同意 9 票，反对 0 票，弃权 0 票 二、审议并通过《关于<公司 2024 年半年度募 ...

南京埃斯顿自动化股份有限公司 2024 年半年度非经营性资金占用及其他关联资金往来情况汇总表 编制单位：南京埃斯顿自动化股份有限公司 单位：万元 | 其他关联资金往 | | 往来方与上市 | 上市公司核算 | 2024 年期初往 | 2024 | 年半年度 | 2024 年半年度 | 2024 | 年半年度 | 2024 | 年半年度 | | 往来性质 （经营性往 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 来 | 资金往来方名称 | 公司的关联关 | 的会计科目 | 来资金余额 | | 往来累计发生金 | 往来资金的利息 | | 偿还累计发生 | | 期末往来资金 | 往来形成原因 | 来、非经营 | | | | 系 | | | | 额（不含利息） | （如有） | | 金额 | | 余额 | | | | | | | | | | | | | | | | | 性往来） | | | 埃斯顿（南京）医疗科 | 联营企业 | 其他应收款 | 4.12 | | 23.80 | | - ...

股票代码：002747 股票简称：埃斯顿 公告编号：2024-051号 南京埃斯顿自动化股份有限公司 第五届监事会第八次会议决议公告 本公司及监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"）第五届监事会第八次 会议通知于 2024 年 8 月 16 日以电话、邮件等方式发出，会议于 2024 年 8 月 28 日在南京市江宁区吉印大道 1888 号（江宁开发区）会议室以现场结合通讯的表 决方式召开。本次会议由监事会主席顾晓霞女士主持，会议应出席监事 3 人，实 际出席监事 3 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，逐项通过如下议案： 一、审议并通过《关于<公司 2024 年半年度报告>及其摘要的议案》 备查文件： 特此公告。 南京埃斯顿自动化股份有限公司 监 事 会 二、审议并通过《关于<公司 2024 年半年度募集资金存放与使用情况的专项 报告>的议案》 《公司 2024 年半年度募集资金存放与使用情况的专项报告》详见公司指定 信息披露媒体《证券时报》《上海证券报》和巨潮资讯 ...

股票代码：002747 股票简称：埃斯顿 公告编号：2024-055 号 南京埃斯顿自动化股份有限公司 关于公司实际控制人及部分董事、高级管理人员增持公司股份 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。 特别提示： 1、增持计划基本情况：南京埃斯顿自动化股份有限公司（以下简称"公司"） 于 2024 年 7 月 11 日披露了《关于公司实际控制人及部分董事、高级管理人员增 持公司股份计划的公告》（公告编号：2024-039 号）。公司实际控制人及部分董事、 高级管理人员计划自 2024 年 7 月 11 日起 6 个月内，通过深圳证券交易所交易系 统以集中竞价方式增持公司股份，合计增持金额不低于人民币 3,600 万元，不超 过人民币 6,000 万元。 2、增持计划实施进展：截至本公告披露日，公司实际控制人及部分董事、 高级管理人员通过深圳证券交易所系统以集中竞价交易方式已累计增持本公司 股份 1,762,433 股，约占本公司股份总数的 0.2027%，合计增持金额约 2,222.19 万元。 二、增持计划的实施情况 截至本公告披露日，公司 ...