Market Overview - The Shanghai Composite Index rose by 0.82% on May 12, with 27 out of 28 sectors experiencing gains, led by the defense and military industry at 4.80% and the electric equipment sector at 2.69% [1] - The mechanical equipment industry ranked third in terms of daily gains [1] Capital Flow - The net inflow of capital in the two markets reached 19.145 billion yuan, with 19 sectors seeing net inflows [1] - The defense and military industry had the highest net inflow of 5.401 billion yuan, followed by the electric equipment sector with 3.977 billion yuan [1] Mechanical Equipment Industry Performance - The mechanical equipment industry increased by 2.24%, with a total net inflow of 2.901 billion yuan [2] - Out of 530 stocks in this sector, 462 stocks rose, with 15 hitting the daily limit [2] - The top three stocks with the highest net inflow were: - Tuosida (8.30 billion yuan) - Shenzhou High-speed (2.57 billion yuan) - Zhongjian Technology (2.12 billion yuan) [2] Mechanical Equipment Industry Capital Outflow - The top three stocks with the highest net outflow were: - Julun Intelligent (-1.5681 billion yuan) - Jialitu (-1.0099 billion yuan) - Shandong Zhanggu (-859.438 million yuan) [3]

Core Viewpoint - The company demonstrates strong revenue growth and profitability, with strategic investments in both traditional and emerging markets, particularly in the smart robotics sector, indicating a positive outlook for future performance [1][2][3][4]. Financial Performance - In 2024, the company achieved operating revenue of 971 million yuan, a year-on-year increase of 45.64%, and a net profit attributable to shareholders of 65 million yuan, up 34.47% [1]. - For Q1 2025, the company reported operating revenue of 286 million yuan, reflecting a year-on-year growth of 4.96%, and a net profit attributable to shareholders of 42 million yuan, which is a 36.13% increase [1]. Strategic Initiatives - The company is actively expanding its market presence and optimizing personnel allocation, resulting in increased sales and market share through partnerships with major supermarkets [2]. - A planned private placement aims to raise up to 785 million yuan for investments in new products, including lithium-powered garden machinery and smart robotics, alongside the establishment of a research center in Shanghai [2]. - The company has significantly increased its R&D investment, reaching 72.68 million yuan in 2024, a 137.55% increase year-on-year, focusing on innovation in garden machinery and smart robotics [2]. Growth Opportunities - The company is positioning itself in the smart robotics sector, having invested in the overseas robotics leader 1X and established partnerships with major international firms like SoftBank and OPENAI [3]. - The establishment of subsidiaries and collaborations, such as with Huawei, indicates a commitment to developing intelligent robotics, which is expected to become a new growth driver for the company [3]. Profit Forecast and Investment Outlook - The projected net profits for 2025-2027 are 102 million, 147 million, and 187 million yuan, respectively, with corresponding price-to-earnings ratios of 136, 95, and 75 times [4]. - The company is expected to enhance its market share in the overseas garden machinery sector while simultaneously expanding its smart robotics initiatives, which are anticipated to contribute positively to overall performance [4].

浙江中坚科技股份有限公司 关于参加2025年浙江辖区上市公司投资者网上集体接待日 暨2024年度业绩说明会的公告 证券代码：002779 证券简称：中坚科技 公告编号：2025-022 为进一步加强与投资者的互动交流，浙江中坚科技股份有限公司（以下简称 "公司"）将参加由浙江证监局指导，浙江省上市公司协会主办，深圳市全景网 络有限公司承办的"2025 年浙江辖区上市公司投资者网上集体接待日暨 2024 年 度业绩说明会"，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP，参与 本次互动交流，活动时间为 2025 年 5 月 13 日（周二）15:00—17:00。届时公司 董事长兼总经理吴明根先生，常务副总经理李小锋先生，副总经理兼董事会秘书 戴勇斌先生，财务负责人白杨婷女士，独立董事祝锡萍先生（具体参会人员以实 际出席为准），将在线就公司 2024 年度业绩、公司治理、发展战略、经营状况、 融资计划、股权激励和可持续发展等投资者关心的问题，与投资者进行沟通与交 流，欢迎广大投资者 ...

本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 一、关于公司财务负责人辞职情况 浙江中坚科技股份有限公司（以下简称"公司"）董事会近日收到公司董事、 财务负责人卢赵月女士递交的辞职报告，因到龄退休，卢赵月女士申请辞去公司 董事、财务负责人的职务，辞职后不再担任公司任何职务。 卢赵月女士的辞职报告自送达公司董事会之日起生效，卢赵月女士的辞职不 会对公司正常生产经营带来影响。根据《中华人民共和国公司法》等规定，卢赵 月女士的辞职不会导致公司现有董事会成员人数低于法定最低人数，不会对董事 会的正常运作产生影响。公司将依据相关法定程序补选董事。 证券代码：002779 证券简称：中坚科技 公告编号：2025-021 浙江中坚科技股份有限公司 关于公司董事、财务负责人辞职暨聘任财务负责人的公告 截至本公告披露日，卢赵月女士未持有本公司股份。 二〇二五年五月六日 附件：个人简历 白杨婷，女，1984 年 9 月出生，无境外永久居留权，硕士研究生，高级会 计师职称，具有注册会计师资格。曾任江苏伟岸纵横科技股份有限公司财务总监； 阿帕数字技术有限公司财务总监；凯美瑞德（苏州） ...

证券代码：002779 证券简称：中坚科技 公告编号：2025-020 浙江中坚科技股份有限公司 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、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 浙江中坚科技股份有限公司（以下简称"公司"）第五届董事会第十一次会议 于 2025 年 4 月 30 日在公司会议室以现场结合通讯的方式召开。会议通知已于 2025 年 4 月 27 日通过书面的方式送达各位董事。本次会议应出席董事 8 人，实 际出席董事 8 人，其中杨一理、祝锡萍、冯虎田、沈志峰以通讯方式与会。 会议由董事长吴明根先生主持，高级管理人员列席会议。会议召开符合有关 法律、法规、规章和《公司章程》的规定。经与会董事审议，表决通过了如下议 案： 一、审议通过《关于聘任财务负责人的议案》 经公司总经理吴明根先生提名，并经董事会提名委员会和董事会审计委员 会资格审查通过，同意聘任白杨婷女士为公司财务负责人，任期自本次董事会审 议通过之日起至本届董事会届满之日止。 表决结果：以 8 票同意，0 票反对，0 票弃权 具体内容详见公司 2025 年 4 月 30 日披露于《证券时 ...

Group 1: Investment Trends of Super Investors - Super investors in A-shares have shown a significant divergence in investment directions, with a focus on computing power and humanoid robots by individual investors, while billion-dollar private equity firms have concentrated on materials and resources sectors [1] - Notable individual investor Zhang Jianping has heavily increased his stake in computing power concepts, becoming a top shareholder in companies like Hangang Steel and Aofei Data, while also increasing his holdings in Cambrian [1] - Investor Ge Weidong has entered the top ten shareholders of Su Da Weige, holding 1.62 million shares valued at approximately 30 million yuan, indicating a strategic focus on micro-nano optical materials and communication industries [1] Group 2: Private Equity Movements - Over 20 billion-dollar private equity firms have appeared in the first quarter reports of listed companies, with firms like Gao Yi Asset and Xuan Yuan Private Equity being particularly active [3] - Gao Yi Asset has newly entered the top ten shareholders of companies such as Guoci Materials and China Aluminum, while increasing stakes in Longbai Group and Zijin Mining, and reducing holdings in Hikvision and Yangnong Chemical [3] - Xuan Yuan Private Equity has also made significant moves, entering the top ten shareholders of Huabao Co. and Stanley, while reducing positions in companies like Jidong Equipment [4] Group 3: Sector Focus and Company Highlights - The computing power and humanoid robot sectors are gaining traction among individual investors, with companies like Zhongjian Technology being highlighted as key players in the humanoid robot concept [1][2] - The materials and resources sectors are favored by private equity firms, with companies like Wolong Nuclear Materials receiving attention from multiple billion-dollar private equity products [4] - The first quarter has seen a notable increase in collaboration agreements between companies like Zhongding Co. and various robot enterprises, positioning Zhongding as a leader in the humanoid robot sector [2]

Industry Overview - The machine dog industry can be divided into upstream core components and software system development, midstream manufacturing of machine dogs, and downstream personal consumers and various application scenario commercial users [1] - The industry chain involves high-tech fields such as communication and artificial intelligence, with high technical barriers at each link [1] Upstream Components - Upstream components include sensors, reducers, motors, controllers, and joint actuators, as well as software and technologies like SLAM, machine vision, voice interaction, and operating systems [1] - The most commonly used reducers in machine dogs are harmonic reducers and planetary gear reducers, with planetary reducers being the preferred choice due to their compact structure, high reduction ratio, high torque transmission efficiency, and reliability [3][5] Midstream Manufacturing - Midstream manufacturing of machine dogs is categorized into military-grade, industrial-grade, and consumer-grade robots [1] Downstream Applications - Downstream applications include education, healthcare, security, reconnaissance, firefighting, and personal consumers [1] Sensor Technology - Environmental perception is crucial for machine dogs to achieve autonomy and adapt to complex environments, with multi-sensor fusion technology becoming an important trend [5][6] - Machine dogs require high perception capabilities, covering visual, tactile, auditory, and force perception [6] Sensor Types - Visual sensors utilize camera hardware and algorithms for environmental perception, with various types including structured light, ToF, and laser scanning [8] - LiDAR provides precise distance measurement and is effective in low-light or adverse weather conditions, making it essential for obstacle avoidance [8][9] - Ultrasonic sensors are cost-effective for long-distance obstacle detection but have limitations in detecting small or sound-absorbing objects [8] - Infrared sensors are compact and low-cost but can be affected by environmental light conditions [8] - Auditory sensors simulate human hearing for sound signal recognition [8] - Force/torque sensors monitor contact forces and joint stresses for dynamic balance and movement efficiency [8] - Inertial sensors (IMU) track the position and motion trajectory of machine dogs [8] Perception Technology Routes - The perception technology routes for machine dogs are divided into pure visual perception and LiDAR-based perception, with each having its advantages and disadvantages [11] - Multi-sensor fusion is a significant trend in sensor design for machine dogs to meet various downstream application needs, with high-end products using LiDAR and cost-effective products using ToF and cameras [12]

Group 1 - Renowned private equity firm Zhengyuan Investment recently conducted research on five listed companies [1][2][3] - Kuaihua Pharmaceutical signed a cooperation intention letter with Peking University Medical Department to establish a joint laboratory for enzyme sources and innovative drugs in 2024 [1] - Qingda Environmental Protection provides energy-saving and environmental protection solutions for various industries including power, chemicals, and waste treatment [1] - Zhongjian Technology invested in 1X Holding AS, entering the artificial intelligence robotics sector [2] - Jinyang Co., Ltd. reported a main revenue of 324 million yuan in Q1 2025, a year-on-year increase of 26.59%, but a net profit decline of 14.49% [2] - Dongsheng Technology holds a 2.54% stake in Bluestar Wisdom, involved in battery recycling and utilization, and is a leader in lithium battery cathode materials [3] Group 2 - Zhengyuan Investment was established in 2015 in Shenzhen Qianhai Free Trade Zone and has a private securities investment fund license [4] - The firm focuses on China's economic transformation and aims to connect social capital with quality industries, enhancing asset value for clients [4]

Summary of Zhongjian Technology Conference Call Company Overview - **Company**: Zhongjian Technology - **Fiscal Year**: 2024 - **Revenue**: 1.086 billion RMB, up 4.96% year-on-year - **Net Profit**: 42 million RMB, up 36.13% year-on-year - **Gross Margin**: Improvement attributed to sales growth, fixed cost dilution, and market acceptance of new products like riding lawn mowers and lithium battery products [2][4] Key Points Industry Performance - **Lawn Tools Sales**: Revenue reached over 900 million RMB, a 40% increase year-on-year, driven by overseas market expansion, lithium battery product applications, and enhanced customer loyalty [2][6] - **Market Outlook**: The company maintains a neutral optimistic outlook for the future and plans to increase investment in its Thailand subsidiary from 8 million USD to 28 million USD to meet market development [2][6] Research and Development - **R&D Investment**: 72 million RMB in 2024, a 137% increase, accounting for 7% of revenue. Future R&D in AI robotics may exceed 50% of total R&D spending [2][9][10] - **Focus Areas**: Continued investment in lithium battery products and AI robotics, with significant projects in subsidiaries like Shanghai Gaoke and Jiangsu Jamie [9][10] Robotics Segment - **Quadruped Robots**: Applications include power grid, petrochemical, government parks, and fire safety. The company has seen better-than-expected shipment volumes and order situations, with pricing between 300,000 to 500,000 RMB per unit [2][11][12][14] - **Orders from Guohua Holdings**: A phased procurement of 1,000 ZhiRui P1 robots is underway, with some orders already fulfilled. The focus is on large-scale bidding projects from state-owned enterprises [2][13] Financial Performance - **2024 Financials**: Revenue of 9.7 billion RMB, a 45.64% increase year-on-year, with a net profit of 64.67 million RMB, up 34% [3] - **Cash Flow**: Operating cash flow remained positive but decreased in absolute terms due to higher sales leading to increased accounts receivable and higher expenses in R&D, materials, and marketing [25] Market and Competitive Landscape - **Lawn Machinery Market**: Expected to reach 45 billion USD by 2025, with a CAGR of over 7%. Zhongjian Technology's market share is currently small, indicating significant growth potential [26] - **Production Capacity**: The Yongkang Super Smart Factory is set to enhance production capacity significantly, with a design capacity of over 300,000 units, representing one-third of the current total capacity [26][28] Strategic Partnerships - **Collaboration with YX Company**: Progressing steadily, including module supply and discussions on relocating large-scale production to the U.S. [5][17] - **Supply Chain Management**: Current supply value to YX is about 30%, with adjustments expected as new hardware is finalized [18] Future Outlook - **2025 Guidance**: The company does not expect significant contributions from the robotics segment to overall performance but remains confident in the lawn machinery business [20][21] - **Production Goals**: Anticipates reaching over 900,000 units in production capacity, with significant contributions from new facilities in Thailand and Yongkang [23][22] Challenges and Considerations - **Tariff Impacts**: Tariffs pose challenges for export-oriented companies, but strong product recognition in North America provides confidence [7] - **Pricing Trends**: No significant changes in pricing for lawn tools, maintaining original order prices [8] Subsidiary Performance - **Subsidiary Overview**: Highke Company reported revenue of 26 million RMB in 2024, with positive net profit. Jamie Company aims for breakeven in 2025, while Zhike Company is still in the investment phase [30]

证券代码：002779 证券简称：中坚科技 浙江中坚科技股份有限公司投资者关系活动记录表 编号：2025003 | 机构名称 | 姓名 | 机构名称 | 姓名 | | --- | --- | --- | --- | | 循远资产管理(上海)有限公司 | 田肖溪 2 | 摩根基金管理(中国)有限公司 | 赵隆隆 | | 中信建投(国际)资产管理有限公司 | 梁斌 | 农银人寿保险股份有限公司 | 王鹏 | | 国联证券股份有限公司 | 樊景扬 | 阳光资产管理股份有限公司 | 李曦辰 | | 工银瑞信北京区 | 贾晓新 | 长盛基金 | 赵楠 | | 上海复霈投资管理有限公司 | 张振 | 中信证券 | 李辰霄 | | 上海趣时资产管理有限公司 | 章秀奇 | 中信证券 | 安家正 | | 远信(珠海)私募基金管理有限公司 | 张骏 | 国新投资 | 张明皓 | | 正圆投资 | 牛艺瑾 | 民生证券 | 李哲 | | 深圳前海无忧股权投资基金管理有限公司 | 陈正华 | 民生证券 | 李思韦 | | 上海朴信投资管理有限公司 | 朱冰兵 | 诺安基金管理有限公司 | 杨靖康 | | 民生理财有限责任公司 | ...