Group 1 - The core point of the news is that Jintuo Co., Ltd. experienced a stock price increase of 5.01%, reaching 22.85 CNY per share, with a total market capitalization of 5.544 billion CNY [1] - Jintuo Co., Ltd. is based in Shenzhen, Guangdong Province, and was established on July 27, 2004, with its listing date on October 10, 2014. The company specializes in the research, production, sales, and service of specialized equipment [1] - The main business revenue composition of Jintuo Co., Ltd. is 92.72% from electronic assembly equipment and 7.28% from other sources [1] Group 2 - From the perspective of fund holdings, Nanhua Fund has a significant position in Jintuo Co., Ltd., with its Nanhua Fengli Quantitative Stock Mixed A Fund holding 203,000 shares, accounting for 1.84% of the fund's net value [2] - The Nanhua Fengli Quantitative Stock Mixed A Fund was established on March 7, 2025, with a current scale of 42.4051 million CNY and has achieved a return of 11.93% since inception [2] Group 3 - The fund manager of Nanhua Fengli Quantitative Stock Mixed A Fund is Huang Zhigang, who has a tenure of 13 years and 216 days, with a total asset scale of 516 million CNY and a best fund return of 196.59% during his tenure [3] - The co-manager, Kang Dong, has a tenure of 2 years and 54 days, managing assets totaling 308 million CNY, with a best fund return of 17.77% during his tenure [3]

Core Viewpoint - The company, Jintuo Co., Ltd. (300400.SZ), clarified on the investor interaction platform that its main products do not involve 3D glass [1] Company Summary - Jintuo Co., Ltd. has confirmed that its primary product offerings are not related to 3D glass technology [1]

Core Viewpoint - The company, Jintuo Co., Ltd. (300400.SZ), has established strong business relationships with leading PCB manufacturers such as Pengding and Shennan Circuit, benefiting from the increased demand in the PCB sector [1] Group 1: Company Operations - Jintuo Co., Ltd. is currently selling electronic thermal equipment used in the PCBA production process [1] - The company reported an increase in orders in the first half of the year, attributed to the growth of its clients [1] - Specific details regarding the company's production operations and client collaborations are available in its periodic reports and announcements on the Giant Tide Information Network [1]

Investment Rating - The report maintains a "Recommended" investment rating for the mechanical equipment industry [3] Core Viewpoints - The mechanical equipment industry is entering the "AI Era," which will create significant investment opportunities centered around AI infrastructure and AI empowerment [4][15] - The report highlights the historical performance of the mechanical equipment sector during previous five-year plans, indicating that each era has distinct characteristics that influence investment opportunities [6][10] Summary by Sections 1. Review of Five-Year Plans - The mechanical equipment industry has shown varying performance across the past four five-year plans, with significant growth during the Eleventh Five-Year Plan (642% increase) and a decline during the Thirteenth Five-Year Plan (-21% decrease) [6][7] - The industry ranked second among 28 sectors during the Eleventh Five-Year Plan and seventh during the Fourteenth Five-Year Plan, reflecting its evolving significance [7][8] 2. AI Infrastructure: Driving Demand for PCB Equipment, AIDC, Liquid Cooling, and Semiconductor Equipment - The AI computing revolution is expected to drive structural growth in PCB demand, with a projected annual growth rate of 16.3% for AI server-related HDI from 2023 to 2028 [19] - The report anticipates that the global PCB market will reach $73.565 billion in 2024, with a 5.8% year-on-year increase, and $94.661 billion by 2029 [19] - AI servers significantly increase the unit value of PCBs, with a single AI server PCB valued at $500-$800, compared to $200-$300 for traditional servers [20] - The report identifies challenges in capacity expansion, including long delivery times for high-end equipment and complex process validations [21] 3. AI Empowerment: The Rise of Embodied Intelligent Robots - The report discusses the practical applications of embodied intelligent robots in industrial logistics, elderly care, and specialized environments, emphasizing their potential to improve efficiency and safety [4][15] - It highlights the importance of technical feasibility and cost-effectiveness in the deployment of these robots [4] 4. Investment Recommendations - The report suggests focusing on AI infrastructure and AI empowerment as key investment directions for the mechanical equipment industry during the Fifteenth Five-Year Plan [4][15] - Specific recommendations include AI PCB equipment, AIDC power generation equipment, liquid cooling solutions, and semiconductor equipment [4][15] 5. Related Listed Companies - The report provides insights into key companies in the PCB equipment sector, such as Dazhu CNC, Chipbond Technology, and Dongwei Technology, highlighting their market performance and technological advancements [40][41]

Core Viewpoint - Jintuo Co., Ltd. (300400.SZ) announced that its former financial officer, Mr. Xu Yang, has submitted his resignation due to personal reasons and will not hold any position in the company after his resignation [1] Group 1 - The company’s board of directors received the resignation application from Mr. Xu Yang [1] - Mr. Xu Yang's resignation is attributed to personal reasons [1] - Following his resignation, Mr. Xu Yang will not serve in any capacity within the company [1]

每经AI快讯，劲拓股份9月30日晚间发布公告称，深圳市劲拓自动化设备股份有限公司董事会近日收到 原财务负责人徐洋先生的辞职申请：徐洋先生因个人原因申请辞去公司财务负责人职务，辞职后将不在 公司担任任何职务。徐洋先生辞职申请自送达公司董事会之日起生效。 （记者 王晓波） 每经头条（nbdtoutiao）——重磅解读！中国将不寻求WTO新的特殊和差别待遇，意味着什么？ ...

证券代码：300400 证券简称：劲拓股份 公告编号：2025-044 深圳市劲拓自动化设备股份有限公司 关于财务负责人辞职的公告 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、误导性陈述或者重大遗漏。 深圳市劲拓自动化设备股份有限公司（以下简称"公司"）董事会近日收到原 财务负责人徐洋先生的辞职申请：徐洋先生因个人原因申请辞去公司财务负责人 职务，辞职后将不在公司担任任何职务。 根据《公司法》《深圳证券交易所上市公司自律监管指引第 2 号——创业板 上市公司规范运作》《公司章程》等有关规定，徐洋先生辞职申请自送达公司董 事会之日起生效。徐洋先生已对相关工作进行良好交接，其辞职不会影响公司相 关工作的正常进行。为保障财务管理工作顺利开展，徐洋先生辞职后，由公司董 事、总经理朱玺先生代行财务负责人职责直至公司聘任新的财务负责人。公司将 按照法定程序，尽快完成财务负责人的选聘工作。 截至本公告日，徐洋先生未直接持有公司股份。徐洋先生不存在应履行而未 履行的承诺事项。徐洋先生作为财务负责人的原定任期至 2028 年 6 月 4 日届满， 其辞职后将继续遵守《深圳证券交易所上市公司自律监管 ...

Group 1: Market Performance - The automation equipment sector rose by 1.72% on September 24, with Boke Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3853.64, up 0.83%, while the Shenzhen Component Index closed at 13356.14, up 1.8% [1] Group 2: Individual Stock Performance - Boke Co., Ltd. (688160) closed at 109.10, up 14.07% with a trading volume of 48,200 shares [1] - Shitian Technology (6888899) closed at 45.82, up 13.73% with a trading volume of 299,400 shares [1] - Jingye Intelligent (688290) closed at 74.48, up 12.85% with a trading volume of 49,400 shares [1] - Other notable performers include Zhongkong Technology (688777) up 7.73% and Weichuang Electric (688698) up 7.40% [1] Group 3: Capital Flow - The automation equipment sector saw a net inflow of 531 million yuan from institutional investors, while retail investors experienced a net outflow of 3.6 million yuan [5] - Major stocks like Huichuan Technology (300124) had a net inflow of 149.6 million yuan from institutional investors [5] - Weichuang Electric (688698) recorded a net inflow of 118 million yuan from institutional investors [5] Group 4: ETF Performance - The Food and Beverage ETF (product code: 515170) decreased by 3.49% over the last five days, with a net outflow of 18.68 million yuan [7] - The Gaming ETF (product code: 159869) saw a slight decline of 0.56% but had a net inflow of 37.89 million yuan [7] - The Semiconductor ETF (product code: 588170) increased by 13.14% over the last five days, with a net inflow of 12.97 million yuan [7]

Core Viewpoint - The Chiplet concept sector is experiencing a strong performance, with notable gains in specific stocks such as Pengding Holdings reaching the daily limit increase [1] Company Summary - Pengding Holdings has hit the daily limit increase, indicating strong investor interest and confidence in the stock [1] - Jintuo Co. and Lihexing are also among the stocks showing significant gains, reflecting a broader positive trend in the Chiplet sector [1]

Investment Rating - The report maintains a "Positive" investment rating for the mechanical equipment industry [6]. Core Insights - The mechanical equipment industry experienced a year-on-year revenue growth of 7.64% in Q2 2025, with a narrowing growth rate compared to the previous quarter. Key segments with accelerated revenue growth include wind power equipment, PCB(A), shipbuilding, lithium battery equipment, and instruments [13][18]. - The industry saw a year-on-year increase in net profit excluding non-recurring items of 16.22% in Q2 2025, with wind power and lithium battery equipment showing accelerated growth. The shipbuilding sector led with a 106% year-on-year increase, although this was affected by a low base [18][31]. - The overall profitability of the mechanical equipment industry strengthened in Q2 2025, with notable performance in the shipbuilding, railway equipment, and oil and gas equipment sectors [31]. Summary by Sections Overall Mechanical Equipment Overview - The mechanical equipment industry reported a year-on-year revenue growth of 7.64% in Q2 2025, with revenue growth accelerating in specific segments [13]. - The net profit excluding non-recurring items grew by 16.22% year-on-year, with wind power and lithium battery equipment leading the growth [18]. - The industry’s net profit margin increased by 0.38 percentage points year-on-year in Q2 2025, indicating improved profitability across various segments [25]. Subsector Performance - The engineering machinery sector saw a revenue increase of 8.7% in H1 2025, driven by strong overseas sales and diversified business contributions [44]. - Major companies in the engineering machinery sector, such as SANY Heavy Industry and XCMG, reported significant revenue growth, with SANY achieving a 15% increase year-on-year in H1 2025 [41][44]. - The overall net profit for the engineering machinery sector reached 161 billion yuan in H1 2025, reflecting a 25.1% year-on-year increase, with profit growth outpacing revenue growth [45].