Group 1 - The company management is optimistic about the long-term development of the company [1] - The company will focus on its core business and strive for sustainable, high-quality performance growth to reward investors [1] - The company plans to enhance communication with the capital market to convey its value [1]

Core Viewpoint - Sany Heavy Industry clarified that its engineering machinery plastic components are sourced externally and do not involve self-manufacturing, thus not utilizing production equipment from Yizhiming [1] Group 1 - The company confirmed that all plastic parts for engineering machinery, including interiors and covers, are procured from external suppliers [1] - There is no involvement of Yizhiming's production equipment in Sany's manufacturing processes [1] - The company stated that any significant future collaborations or procurement plans will be disclosed in accordance with regulatory requirements [1]

Core Viewpoint - The stock of Yizhiming has shown a year-to-date increase of 26.83%, with recent fluctuations indicating a slight decline over the past five days and a notable increase over the past 20 days, reflecting volatility in its trading performance [2]. Group 1: Stock Performance - As of December 19, Yizhiming's stock price rose by 2.01% to 24.82 CNY per share, with a trading volume of 37.34 million CNY and a turnover rate of 0.33%, resulting in a total market capitalization of 11.63 billion CNY [1]. - The stock has experienced a 0.28% decline over the last five trading days, a 6.98% increase over the last 20 days, and a 10.88% decline over the last 60 days [2]. Group 2: Financial Performance - For the period from January to September 2025, Yizhiming achieved a revenue of 4.306 billion CNY, representing a year-on-year growth of 17.21%, while the net profit attributable to shareholders was 564 million CNY, also reflecting a growth of 17.45% [2]. - The company has distributed a total of 1.192 billion CNY in dividends since its A-share listing, with 578 million CNY distributed over the past three years [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Yizhiming reached 30,400, an increase of 0.44% from the previous period, with an average of 14,923 shares held per shareholder, which decreased by 0.44% [2]. - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 25.55 million shares, an increase of 12.45 million shares from the previous period [3].

Core Viewpoint - The company confirmed that its energy storage inverter housings are made from aluminum alloy and injection molding, and it does not use equipment from Yizhiming [2]. Group 1 - The company responded to an investor inquiry regarding the materials used in its energy storage inverter housings, specifically mentioning aluminum alloy and injection molding [2]. - The company clarified that it utilizes equipment from other brands for its aluminum alloy and injection molding products, explicitly stating that it does not use Yizhiming's equipment [2].

Group 1 - The company Minglida (301268.SZ) stated on the investor interaction platform that it uses equipment from other brands for its aluminum alloy and injection molding products, and does not utilize equipment from Yizhiming [1]

Group 1 - The company, Yizhim, plans to strengthen its technological accumulation in the field of intelligent manufacturing equipment [2] - The company aims to enhance its innovation capabilities and continuously improve its technological barriers [2] - The company is looking to seize opportunities for domestic substitution of high-end equipment as promoted by national policies [2] Group 2 - The company is actively seeking collaboration opportunities with more high-end industry chain enterprises [2]

Core Viewpoint - The company has developed a technical system for its UN series equipment that integrates "equipment-mold-process" deeply, enhancing operational efficiency and precision in manufacturing [1] Group 1: Technical Advancements - The UN series equipment utilizes a multi-stage filling flow rate that relies on a high-response servo hydraulic system and intelligent algorithms [1] - This system enables dynamic and precise control during the manufacturing process [1]

Group 1: Robotics Industry - The U.S. government is focusing on the development of robotics, indicating that robotics technology is becoming a key frontier in U.S.-China competition, with potential for continued resonance between the two countries' industries [1] - The Trump administration's actions suggest a strategic elevation of the U.S. robotics industry, with domestic policies expected to follow suit [1] - U.S. companies are actively investing in the robotics sector, creating a closed loop of "model-simulation-hardware," while China's supply chain is accelerating the implementation of robotics in various scenarios [1] Group 2: Construction Machinery - In November, domestic excavator sales exceeded expectations, and exports maintained high growth rates despite a high base, indicating a strong overall fundamental outlook for the sector [2] - The upward trend in both domestic and international sales of construction machinery has been validated, with a focus on overseas markets where profits from exports account for about 70% of many companies [2] - The performance of companies in the construction machinery sector remains strong, with non-excavator domestic sales also showing significant growth [2] Group 3: Lithium Battery Equipment - The electrification of ships is expanding the application of lithium batteries into new scenarios, with a positive outlook for lithium battery equipment in the upcoming year [3] - The demand for lithium batteries is expected to increase as new technologies like solid-state and sodium-ion batteries emerge, enhancing the electrification rate across various sectors [3] - The mid-term acceptance of solid-state batteries is anticipated to be completed by the end of the year, leading to a new round of order tenders from leading battery manufacturers and vehicle manufacturers [3] Group 4: PCB Equipment - The PCB industry is experiencing a resurgence, characterized by high-end product development and factory establishment in Southeast Asia, which is driving the demand for PCB equipment upgrades [4] - Key segments of PCB equipment, such as drilling and plating, hold significant value and are critical for circuit board performance [4] - The industry is evolving towards higher layer counts and more precise wiring due to AI-driven advancements, necessitating improvements in processing technology [4] Group 5: Forklifts & Mobile Robots - Sales of large forklifts are maintaining growth, with domestic sales increasing by 5% to 16% and exports growing by 8% to 23% from July to October [5] - The industry is optimistic about the upward trend in demand for smart logistics and unmanned forklifts, with major companies launching intelligent logistics products in Q4 [5] Group 6: Recommended Companies in Machinery Sector - Key companies recommended include Hengli Hydraulic, Aibin Technology, LiuGong, XCMG, Jereh, Naipu Mining, SANY Heavy Industry, Zoomlion, Anhui Heli, Hangcha Group, Huace Testing, Shoucheng Holdings, Xian Dao Intelligent, Bozhong Precision, Haitai International, Yizhiming, Puyuan Precision Electronics, Zhongji United, and Maiwei Shares [6]

Group 1 - The company, Yizhiming (300415), responded to investor inquiries on December 4, indicating that the latest number of shareholders can be found in the company's periodic reports [1]

Group 1 - The company emphasizes the importance of maintaining healthy cash flow and operational efficiency as core aspects of its management strategy [2] - The goal is to balance growth speed with financial security to ensure long-term sustainable growth [2]