证券代码：002979 证券简称：雷赛智能 公告编号：2025-008 深圳市雷赛智能控制股份有限公司 关于 2023 年员工持股计划延期的公告 二、2023 年员工持股计划延期情况 鉴于公司 2023 年员工持股计划存续期即将到期，根据《深圳市雷赛智能控 制股份有限公司 2023 年员工持股计划（草案）》规定：经出席持有人会议的持 有人所持 50%以上份额同意并提交公司董事会审议通过后，本期员工持股计划的 存续期可以延长。 为达到有效激励员工、促进公司长远发展的目的，最大程度保障各持有人及 公司利益，基于对公司未来发展的信心，结合资本市场环境及公司股价情况，经 公司本期员工持股计划持有人会议审议，已经由出席会议的持有人所持 50%以上 份额审议通过了《关于 2023 年员工持股计划延期的议案》。 2025 年 3 月 13 日，公司召开第五届董事会第十五次会议，审议通过了《关 于 2023 年员工持股计划延期的议案》，同意将公司 2023 年员工持股计划进行延 期 24 个月，存续期在原定终止日的基础上延长至 2027 年 3 月 13 日止，本期员 工持股计划除存续期延长外，其余安排无变化。 本公司及董事 ...

深圳市雷赛智能控制股份有限公司 第五届董事会第十五次会议决议公告 证券代码：002979 证券简称：雷赛智能 公告编号：2025-007 本议案已经公司 2023 年员工持股计划第二次持有人会议审议通过。 表决结果：7 票同意，0 票反对，0 票弃权。 二、备查文件 特此公告。 深圳市雷赛智能控制股份有限公司 董事会 2025 年 3 月 14 日 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。 深圳市雷赛智能控制股份有限公司（以下简称"公司"）于 2025 年 3 月 13 日在公司会议室以现场方式召开第五届董事会第十五次会议。本次会议通知于 2025 年 3 月 3 日以书面、电话沟通形式发出。会议应到董事 7 人，实到 7 人。 会议由董事长李卫平先生主持，监事会成员及有关高级管理人员列席了会议。会 议的召开符合《公司法》和《公司章程》的有关规定。经全体董事一致同意，形 成决议如下： 一、审议通过了《关于 2023 年员工持股计划延期的议案》 鉴于公司 2023 年员工持股计划存续期即将到期，为达到有效激励员工、促 进公司长远发展的目的，最大程度保障各持 ...

Group 1: Company Overview and Strategic Direction - Shenzhen Laisai Intelligent Control Co., Ltd. focuses on the core components and solutions for the intelligent equipment industry, aiming for rapid sales and profit growth amidst a complex environment and fierce competition [2][3] - The company emphasizes a strategy of "deeply digging the channel" and "low damming," prioritizing long-term stable development over short-term profit maximization [3][4] Group 2: Market Opportunities and Product Development - Laisai aims to capture over 50% of the market share currently held by imported brands by promoting domestic alternatives in high-end servo, PLC, and high-end stepping products [3] - The company is expanding its product offerings in the mid-to-low-end market, targeting traditional industries undergoing transformation [3] - Strategic industries such as electronics, semiconductors, and robotics are being targeted for deeper engagement through "process + industrial control" marketing [3][4] Group 3: Robotics Business Progress - The establishment of Shanghai Laisai Robotics Technology Co., Ltd. focuses on high-density frameless torque motors and servo drivers, with an annual production capacity of 300,000 units [4][5] - The company has received significant market recognition for its frameless torque motors, with over 10,000 units supplied to various robotics companies [4][5] Group 4: Research and Development Advantages - Laisai invests a high percentage of its revenue into R&D, focusing on high-speed, high-precision motion control technologies and maintaining a leading position in the industry [6] - The company has accumulated hundreds of intellectual property rights, enhancing its competitive edge in the motion control sector [6] Group 5: Future Growth Drivers - The company is innovating in product development and marketing strategies, successfully launching new products in the servo and PLC categories [8] - A focus on enhancing operational efficiency and customer satisfaction is driving management reforms and talent acquisition [8] Group 6: Capital Operations and M&A Considerations - Laisai is actively monitoring industry dynamics for potential mergers and acquisitions to integrate quality resources, with future financing decisions based on market conditions [9] Group 7: Upcoming Developments in Dexterous Control - Shenzhen Dexterous Control Technology Co., Ltd. is set to release new products and solutions for industrial and collaborative robots by the end of March 2025 [10][11] - The company is aware of the investment risks associated with emerging fields like AI and robotics, emphasizing the need for substantial initial investments [11]

Investment Rating - The report maintains a "Buy" rating for the company [1]. Core Viewpoints - The company is positioned as a leader in motion control, focusing on both "smart manufacturing" and "mobile robotics" as key growth areas. It has established a comprehensive product line in motion control and is expected to see significant profit recovery starting in 2024 due to management reforms [8][16]. - The motion control market is estimated to be nearly 30 billion yuan, with the company expanding its product categories and increasing its market share in servo systems and PLCs [8][16]. - The company is also making strides in the robotics sector, particularly with frameless and hollow cup motors, which are critical for humanoid robots. The global market for these motors is projected to reach 57.8 billion yuan and 54 billion yuan by 2030, respectively [8][16]. Summary by Sections 1. Comprehensive Layout in Motion Control - The company has over 20 years of experience in the motion control field, providing core components and solutions for smart manufacturing [16]. - It has a concentrated shareholding structure, with significant employee stock ownership, enhancing motivation and alignment with company performance [21][24]. - The company has implemented continuous reforms to enhance its R&D and management capabilities, adopting a platform-based management system [26]. 2. Industrial Control: Broad Market and Ongoing Import Substitution - Motion control is identified as a core area within industrial automation, essential for precise positioning and motion in manufacturing processes [42]. - The company is positioned to benefit from ongoing import substitution trends in the industrial control sector, with a focus on high-end servo systems and PLCs [42]. 3. Robotics Motor Sector - The company is developing a complete product matrix for robotics, focusing on frameless and hollow cup motors, which are essential for humanoid robots [8][16]. - It has established subsidiaries dedicated to the R&D and production of these motors, with significant production capacity already in place [8][16]. 4. Financial Forecast and Valuation - The company is projected to achieve a net profit of 2.10 billion yuan in 2024, with a year-on-year growth of 52%, and a corresponding P/E ratio of 73x [1][8]. - The long-term outlook for the company remains positive, with significant growth potential in both the industrial control and robotics sectors [8].

Investment Rating - The report maintains a "Buy" rating for the company [1]. Core Viewpoints - The company is positioned as a leader in motion control, focusing on both "smart manufacturing" and "mobile robotics" as its main and auxiliary business tracks respectively. The company has been undergoing management reforms to enhance its operational efficiency and market competitiveness [8][16]. - The motion control market is estimated to be nearly 30 billion yuan, with the company expanding its product categories to include servo systems and PLCs, aiming for a significant market share increase [8][16]. - The company is expected to see substantial profit growth starting in 2024, with projected net profits of 2.10 billion yuan, 2.82 billion yuan, and 3.68 billion yuan for 2024, 2025, and 2026 respectively, reflecting year-on-year growth rates of 52%, 34%, and 31% [8][16]. Summary by Sections 1. Comprehensive Layout in Motion Control - The company has over 20 years of experience in the motion control field, providing core components and solutions for smart manufacturing [16]. - It has established a strong product line including controllers, stepper systems, and servo systems, and is now focusing on mobile robotics [16][21]. - The company has a concentrated shareholding structure, with significant employee stock ownership to incentivize performance [23][26]. 2. Industrial Control: Broad Market and Continuous Import Substitution - The industrial control sector is characterized by both cyclical and growth aspects, with motion control being a core application area [44]. - The company is positioned to benefit from ongoing trends in domestic substitution of imported products, particularly in the servo system market [44][46]. 3. Robotics Motor: New Leader in Frameless and Hollow Cup Motors - The company is developing frameless and hollow cup motors for humanoid robots, with significant market potential projected for 2030 [8][16]. - It has established partnerships with numerous robotics companies, enhancing its market presence and product offerings [8][16]. 4. Financial Forecast and Investment Recommendation - The company’s revenue is projected to grow from 1.415 billion yuan in 2023 to 2.599 billion yuan in 2026, with a compound annual growth rate (CAGR) of over 20% expected for its main business [1][8]. - The report anticipates a recovery in profit growth following management reforms, with a significant increase in profitability expected in the coming years [8][34].

Group 1: Company Performance - In the first three quarters of 2024, the company achieved operating revenue of 1.155 billion yuan, a year-on-year increase of 9.62% [2] - Net profit for the same period reached 144 million yuan, reflecting a significant year-on-year growth of 56.36% [2] - Q4 orders showed a rapid recovery due to positive factors such as slight demand rebound in downstream industries and enhanced product competitiveness [3] Group 2: Strategic Outlook - For 2025, the company anticipates a complex domestic and international environment but sees opportunities driven by AI and supportive government policies [4] - The company aims to focus on "intelligent equipment motion control" and adhere to its strategic goals of "smart manufacturing" as the main direction and "mobile robots" as a supplementary direction [4] - The company emphasizes a customer-centric approach and aims for stable business growth through targeted product and market strategies [4] Group 3: New Initiatives - Shenzhen Lingqiao Drive Control Company was established in December 2024, focusing on the development of components and solutions for robotic applications [5] - The new company aims to enhance collaboration with existing business lines in motion control, with product launches expected by the end of March [5] - The company is also developing a general-purpose robot motion control system, referred to as the "cerebellum," to improve complex motion control capabilities [6] Group 4: Cost Management - The company has implemented various cost-reduction measures to enhance competitiveness and profitability, including design optimization and supply chain management [6] - Continuous efforts are made to control operational costs and improve efficiency, contributing to quality growth in business performance [6]

证券代码：002979 证券简称：雷赛智能 公告编号：2025-006 深圳市雷赛智能控制股份有限公司 关于回购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。 深圳市雷赛智能控制股份有限公司（以下简称"公司"）于 2024 年 2 月 2 日召开第五届董事会第七次会议审议通过了《关于回购公司股份方案的议案》， 公司拟使用自有资金以集中竞价交易方式回购公司股份用于后续实施员工持股 计划或者股权激励。本次用于回购资金总额不低于人民币 6,000 万元（含）且不 超过人民币 12,000 万元（含），回购价格不超过人民币 25.00 元/股（含）。具 体内容详见公司于 2024 年 2 月 6 日、2024 年 2 月 7 日在《证券时报》《中国证 券报》《上海证券报》《证券日报》及巨潮资讯网（http://www.cninfo.com.cn） 披露的《关于回购公司股份方案的公告》（公告编号：2024-001）、《回购报告 书》（公告编号：2024-004）。公司于 2025 年 1 月 9 日召开第五届董事会第十 四次会议审议通过了《关于延长回 ...

Group 1: Company Strategy and Market Positioning - The company aims to maintain its focus on motion control while seizing opportunities in the market, particularly in replacing imported products, expanding into mid-to-low-end markets, and deepening its presence in strategic industries such as electronics and robotics [3][4]. - The company plans to enhance its channel network by prioritizing channel sales while supporting direct sales, aiming to better serve customers and expand market reach [6]. Group 2: Financial Performance and Product Margins - The overall gross margin for the company's products was 38.64% for the first nine months of 2024, reflecting a year-on-year increase of 1.33 percentage points [4]. - The company has implemented cost-reduction measures through automation and innovation, which have contributed to maintaining a stable gross margin despite some price concessions to customers [4]. Group 3: Product Development and Market Growth - The company has achieved a market share of 3.8% in the general servo system sector, ranking second among domestic brands, with significant growth in emerging industries such as photovoltaics and robotics [4][5]. - The company has successfully launched high-density frameless torque motors and other components for humanoid robots, with an annual production capacity of 300,000 units [5][6]. Group 4: Industry Demand and Channel Development - Despite a slight decline in demand in the general automation OEM market, orders from traditional industries like semiconductors and logistics have shown stable growth, with expectations of a slight recovery in 2025 [6]. - The company has introduced over 100 new channel partners in 2024, enhancing its ability to meet diverse customer needs and improve service quality [6].

Company Performance - Leisai Intelligent's stock price has reached a historical high, with the stock showing a continuous upward trend, achieving new highs on 10 trading days in the past month [1] - As of 10:59, the stock is up 6.43%, priced at 56.90 yuan, with a trading volume of 16.03 million shares and a transaction amount of 876 million yuan, resulting in a turnover rate of 7.39% [1] - The latest total market capitalization of the stock in A-shares is 17.45 billion yuan, with a circulating market value of 12.33 billion yuan [1] - The company's Q3 report indicates a total revenue of 1.155 billion yuan for the first three quarters, representing a year-on-year growth of 9.62%, and a net profit of 144 million yuan, reflecting a year-on-year increase of 56.36% [1] - The basic earnings per share are 0.4700 yuan, with a weighted average return on equity of 10.55% [1] Industry Overview - The mechanical equipment industry, to which Leisai Intelligent belongs, has an overall increase of 2.89%, with 518 stocks rising and 14 stocks, including Lixing Co. and Dayilong, hitting the daily limit [1] - Conversely, 63 stocks in the industry have declined, with the largest drops seen in Hongtian Co., Zhejiang Dano, and Nanxing Co., with declines of 8.46%, 4.35%, and 3.95% respectively [1]

Group 1 - The company's stock (Shenzhen Laisai Intelligent Control Co., Ltd., stock code: 002979) experienced an abnormal trading fluctuation, with a cumulative closing price increase exceeding 20% over three consecutive trading days from February 19 to February 21, 2025 [1] - The company confirmed that there are no corrections or supplements needed for previously disclosed information, and no significant changes in the company's operational situation or external environment have occurred recently [1][2] - The company and its major shareholders have not engaged in any undisclosed significant matters related to the company during the period of stock fluctuation [1][2] Group 2 - The board of directors confirmed that there are no undisclosed matters that should be disclosed according to the Shenzhen Stock Exchange's listing rules, nor any significant information that could impact the stock price [2] - The company emphasizes that it has not violated information disclosure regulations and reminds investors to refer to designated media for accurate information [3]