Group 1 - The core viewpoint of the article is that Changying Precision has announced a share repurchase plan aimed at implementing an employee stock ownership plan or equity incentive plan [2] - The total amount allocated for the share repurchase is clearly defined, ranging from 50 million yuan (inclusive) to 100 million yuan (inclusive), with a maximum repurchase price of 35 yuan per share [2] - The implementation period for the share repurchase is set for 12 months from the date of the board's approval [2] Group 2 - As of August 31, 2025, the company has not yet commenced the share repurchase [3] - The company emphasizes that the timing, quantity, and method of the share repurchase will comply with the established plan and relevant legal regulations [4] - The company will strictly follow the updated regulations on share repurchase and will implement the repurchase based on market conditions while fulfilling information disclosure obligations [4]

Group 1 - The company announced a share repurchase plan to be discussed at the board meeting on August 26, 2025 [1] - The total amount for the share repurchase will be no less than RMB 50 million and no more than RMB 100 million, with a maximum repurchase price of RMB 35 per share [1] - The implementation period for the share repurchase is set for 12 months from the date of board approval [1] Group 2 - As of August 31, 2025, the company has not yet initiated the share repurchase [1]

格隆汇9月3日丨长盈精密(300115.SZ)公布，截至2025年8月31日，公司尚未开始实施本次回购。 ...

证券代码：300115 证券简称：长盈精密 公告编号：2025-63 深圳市长盈精密技术股份有限公司 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公告内容真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 （二）公司回购股份的时间、回购股份数量及集中竞价交易的委托时段等符 合《深圳证券交易所上市公司自律监管指引第 9 号——回购股份》的相关规定， 具体如下： 1、公司以集中竞价交易方式回购股份，未在下列期间内实施： （1）自可能对本公司证券及其衍生品种交易价格产生重大影响的重大事项 发生之日或者在决策过程中，至依法披露之日内； （2）中国证监会和深圳证券交易所规定的其他情形。 一、回购股份方案的基本情况 深圳市长盈精密技术股份有限公司（以下简称"公司"）于 2025 年 8 月 26 日召开第六届董事会第二十六次会议，审议通过了《关于回购公司股份方案的议 案》，同意公司使用自有或自筹资金以集中竞价交易方式回购公司公开发行的人 民币普通股 A 股股票，用于实施员工持股计划或股权激励计划。本次回购股份资 金总额不低于人民币 5,000 万元（含）且不超过人民币 10,000 万元（含），回购 股份 ...

Core Viewpoint - The Chinese government is actively promoting the development of the industrial mother machine sector, aiming to establish a high-quality standard system by 2026 and achieve world-leading standards by 2030 [1][2]. Industry Overview - The industrial mother machine is crucial for high-end manufacturing, influencing precision, efficiency, and safety in production [1]. - China has been the largest producer and consumer of machine tools globally for 15 consecutive years, with the market size expected to grow from 631.36 billion yuan in 2019 to 712.89 billion yuan in 2024, and to exceed 800 billion yuan by 2029 [1]. Policy Support - The Chinese government has implemented various policies to support the high-quality development of the industrial mother machine industry, including the "Industrial Mother Machine+" initiative and financial support for key manufacturing sectors [2]. - Recent activities have focused on promoting domestic substitution and upgrading the industry to meet the demands of emerging sectors such as new energy vehicles and humanoid robots [2]. Company Performance - In the first half of 2025, 21 industrial mother machine concept stocks reported profits exceeding 10 million yuan, with seven companies achieving profits over 100 million yuan [3]. - Notable performers include AVIC High-tech, which reported a revenue of 2.747 billion yuan, a year-on-year increase of 7.87%, and a net profit of 605 million yuan, up 0.24% [3]. - Companies like East China CNC and Qiaofeng Intelligent saw significant net profit growth, exceeding 30% year-on-year [3]. Market Reaction - Following positive news, the industrial mother machine sector saw a surge in stock prices, with companies like Qin Chuan Machine Tool and East China CNC hitting their daily limit up [2]. Institutional Attention - Companies such as AVIC High-tech, Haitan Precision, and Huari Precision are receiving significant institutional attention, indicating strong market interest [5]. - Haitan Precision specializes in CNC machine tool manufacturing and has developed advanced products to address the needs of the new energy vehicle industry [5].

本报讯 （记者矫月）在科技浪潮的席卷下，人形机器人领域正逐渐成为全球瞩目的焦点，英伟达与富士康合作的首款人形 机器人即将推出的消息更是吸引了全行业关注，使人形机器人的行业吸引力进一步提升。近日，深圳市长盈精密技术股份有限 公司（以下简称"长盈精密"）发布的2025年半年报中关于人形机器人业务海外订单爆发的内容，也为市场注入了一剂强心针。 公告显示，2025年上半年，公司海外人形机器人零件实现营收超过3500万元，而2024年全年这一数据仅为1011万元。业内 人士认为，短短半年时间，海外营收实现了数倍的增长，这一飞跃式的提升背后，是公司厚积薄发的结果。 自2024年起，长盈精密便开始加快人形机器人相关产能的建设，持续加大研发投入，如今已结出累累硕果。目前，长盈精 密已具备为国内外人形机器人客户开发多种材料零件的能力，涵盖铝合金、镁合金、钛合金等金属材料，PEEK、IGUS等工程 塑料，以及橡胶、硅胶、尼龙、纤维织布等。同时，在成型工艺上，公司熟练运用包括CNC、3D打印、压铸、注塑、滚齿、 热压等多种先进技术，为人形机器人的结构件、执行器、传感器、变速齿轮、线束、电机等核心部件提供关键零部件。 这种全方位的技 ...

格隆汇9月2日｜太平洋证券研报指出，长盈精密2025H1实现归母净利润3.06亿元，同比减少29.37%， 业绩符合预期，消费电子、新能源领域稳健增长，人形机器人产能建设加快。在人形机器人领域，得益 于公司提前布局，2025年上半年海外人形机器人零件实现收入超过3,500万元，而2024年全年仅为1,011 万元。除此外，报告期内公司还取得了多个国产人形机器人品牌的量产订单。在全球能源转型与绿色发 展的大背景下，新能源行业将持续保持高速增长与创新变革的趋势。在具身智能人形机器人领域，受生 成式人工智能和大语言模型的催化，已经进入商业化应用阶段，有望成为继计算机、智能手机、新能源 汽车之后的颠覆性产品，将深刻变革人类生产生活方式。维持公司"买入"评级。 ...

Core Viewpoint - The company reported a mixed performance in H1 2025, with revenue growth driven by stable performance in consumer electronics and significant growth in the new energy sector, while net profit declined due to last year's one-time investment gains [1][2]. H1 Performance Summary - Revenue reached 8.64 billion, up 12.3% year-on-year - Net profit attributable to shareholders was 310 million, down 29.4% year-on-year - Non-recurring net profit was 290 million, up 32.2% year-on-year - Gross margin was 18.8%, up 0.8 percentage points year-on-year - Net margin was 4.0%, down 2 percentage points year-on-year - Excluding last year's investment gain of 180 million from Guangdong Tianji, net profit would have increased by approximately 24% year-on-year [1]. H1 Business Structure - Consumer Electronics: Revenue of 5.304 billion, up 1.5% year-on-year, with a gross margin of 20.3%, up 2.1 percentage points year-on-year. The company made significant breakthroughs in developing key components for AI PCs and wearable products [2]. - New Energy: Revenue of 2.938 billion, up 37.1% year-on-year, with a gross margin of 14.4%, down 2.5 percentage points year-on-year. The company’s production capacity in various locations contributed to rapid revenue growth and increased market share [2]. - Robotics: Overseas humanoid robot parts revenue exceeded 35 million, compared to 10.11 million for the entire previous year. The company also secured multiple mass production orders from domestic humanoid robot brands [2]. Outlook for 2025-2026 - Continued growth in consumer electronics and new energy sectors, coupled with optimized management capabilities, is expected to further enhance profitability. New projects in consumer electronics, such as AI Phone and AI glasses, are anticipated to drive additional revenue [3]. - The company is strategically positioned in the robotics sector, establishing partnerships with leading domestic and international humanoid robot companies, which may lead to becoming a key component supplier [3]. - Revenue projections for 2025-2027 are 19.47 billion, 22.40 billion, and 25.76 billion, with net profits of 790 million, 1.01 billion, and 1.30 billion, respectively. The current PE ratios are 45.5, 35.5, and 27.4 [3].

Core Insights - The article highlights the strong performance of industrial mother machine stocks, with several companies reporting significant net profits in the first half of the year [4][6] - The "Industrial Mother Machine High-Quality Standard System Construction Plan" aims to establish a high-quality standard system by 2026, promoting product quality and equipment upgrades [3] Group 1: Policy and Standards - The "Industrial Mother Machine High-Quality Standard System Construction Plan" was issued by the National Standardization Administration and the Ministry of Industry and Information Technology on September 1 [3] - By 2026, the plan aims to establish a basic high-quality standard system, with at least 300 standards to be revised or created, including at least 5 international standards, achieving a 90% conversion rate of international standards [3] - By 2030, the standard system will be fully formed, with technical levels and internationalization continuously improving, aiming for advanced standards in material reduction and additive manufacturing [3] Group 2: Company Performance - A total of 21 industrial mother machine stocks reported net profits exceeding 10 million yuan in the first half of the year, with 7 companies achieving net profits over 100 million yuan [4] - AVIC High-Tech (中航高科) reported a revenue of 2.747 billion yuan, a year-on-year increase of 7.87%, and a net profit of 605 million yuan, up 0.24% [4][7] - Huadong CNC (华东数控) achieved a net profit growth of 140.53%, with a net profit of 135.855 million yuan despite a revenue decline of 6.06% [5][7] - Other companies with notable net profit growth include Qiaofeng Intelligent (乔锋智能) at 56.43%, Genesis (创世纪) at 47.38%, and Guosheng Zhike (国盛智科) at 32% [4][7]

Group 1 - The core viewpoint of the article is the establishment of a high-quality standard system for industrial mother machines by 2026, aimed at enhancing product quality and promoting equipment upgrades [1] - The plan includes the revision and formulation of no less than 300 standards, with at least 5 international standards being led, and a target international standard conversion rate of 90% [1] - The supply structure of standards is expected to be optimized as part of this initiative [1] Group 2 - In the A-share market, there are 21 industrial mother machine concept stocks with a net profit of over 10 million yuan in the first half of the year, including seven stocks like AVIC High-Tech and Changying Precision, which reported net profits exceeding 100 million yuan [1] - From a profit change perspective, Huadong CNC, Qiaofeng Intelligent, Genesis, and Guosheng Zhike have shown significant year-on-year net profit growth rates of 140.53%, 56.43%, 47.38%, and 32% respectively [1]