Group 1: Business Performance and Market Trends - The company's wire winding machine business has experienced a continuous decline in recent years, but there is potential for positive growth through product structure adjustments and emerging market demands, particularly in automation equipment as a long-term trend due to rising labor costs [1]. - The macroeconomic downturn has led to a decrease in downstream market demand, resulting in a decline in main business revenue [1]. Group 2: Core Technology and R&D - The company possesses a robust independent R&D system, demonstrating strong competitiveness in technology development and innovation, with a rich accumulation of technology and ongoing R&D capabilities [2]. - Future R&D efforts will focus on CNC automation winding equipment for power inductors in the automotive and consumer electronics sectors, as well as standardizing surrounding equipment for winding processes [2]. Group 3: Strategic Development and Market Expansion - The company aims to expand its automation assembly and testing production line business based on its existing operations, with plans to establish a merger and acquisition fund to enhance business channels and identify new growth points [2]. - The overseas sales strategy includes direct and agency sales, primarily targeting emerging markets in Asia, such as India and South Korea [2]. Group 4: Asset Management and Future Outlook - Despite current production pressures and limited space for equipment purchases, the company anticipates a significant increase in fixed asset value following the completion of its fundraising projects [2]. - The company is committed to a light asset strategy, focusing on optimizing product structure and expanding into advanced rail transit and electrical equipment sectors [2].

证券代码：300461 证券简称：田中精机 浙江田中精机股份有限公司投资者关系活动记录表 编号：2016-07 | --- | --- | --- | |----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------| | | | | | 投资者关系活动 | ■ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | ...

证券代码：300461 证券简称：田中精机 浙江田中精机股份有限公司投资者关系活动记录表 编号：2016-08 | --- | --- | --- | |----------------|----------------------|---------------------------------| | | | | | 投资者关系活动 | ■ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | ■ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | | 中国信达 | 基金经理 冯明远 | | 参与单位名称及 | 方正证券 | 研究所副所长 段迎晟 | | | 怀新投资 | 分析师 郭少珊 | | 人员姓名 | 怀新投资 副总经理 | 彭松 | | | | | | | 国泰君安证券 | 研究员 李煜 | | | | | | | 华银资管 投资总监 | 高张乾 | | | | | | | 东北证券 | 总经理 王代义 | | | 卓悦联合资本 | 董事长 李剑峰 | | | 华安财保 博士 | 刘 ...

Group 1: Company Performance and Market Trends - The company's cumulative new orders reached 117 million, a year-on-year increase of 37.71% [2] - Approximately 60% of new orders were obtained in the third quarter, with nearly 70% being non-standard and special machines, which have longer R&D and production cycles [2] - The decline in revenue from standard machines is attributed to increased price competition and lower downstream demand [2] Group 2: Strategic Focus and Development - The company is shifting its focus towards high-customization non-standard and special machines to meet rising downstream demand [2] - New product development will concentrate on power inductors for automotive and consumer electronics, as well as standardization of winding peripheral equipment [2] - The establishment of a consumer electronics division and increased technical personnel are part of the strategy to adapt to market trends [2] Group 3: Financial Overview - The company reported negative operating profit and total profit in 2015, primarily due to stock incentive costs amounting to 22.79 million, which were accounted for as management expenses [3] - The impact of stock incentive costs on future profit levels is expected to be minimal, indicating sustainable profitability for the company [3]

证券代码：300461 证券简称：田中精机 浙江田中精机股份有限公司投资者关系活动记录表 编号：2016-10 | --- | --- | --- | |----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------| | | | | | 投资者关系活动 | ■ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | ■ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | | 国海证券 研究员 凌琳 | ...

Group 1: Financial Performance - In 2016, the parent company received new orders totaling 189 million (including tax), with approximately 71% of these orders realized as sales revenue [1] - The company faced significant pressure on fixed asset depreciation and other period expenses due to the increase in assets from IPO fundraising projects [1] - The overall gross margin of the parent company declined due to a drop in sales and gross margin of standard machines, influenced by market competition [2] Group 2: Current Operations - As of now, the parent company has a substantial backlog of orders, showing significant growth compared to the same period last year [2] - The subsidiary, Yuanyang Xiangrui, is expanding its customer base due to its technical strength and service capabilities, particularly in glass engraving machines and metal CNC processing equipment [2] Group 3: Competitive Advantages - In the winding equipment sector, the parent company holds a technical advantage over domestic competitors, with major global players including Japan's Nikko and Italy's Masly [2] - The subsidiary, Yuanyang Xiangrui, has made rapid advancements in team development, product quality, and efficiency, enhancing its competitiveness in the engraving machine market [2] Group 4: Management of Subsidiaries - The parent company does not interfere with the daily operations of the subsidiary Yuanyang Xiangrui, focusing instead on financial management and providing necessary support [2] Group 5: Technological Developments - The yield rate for bending machines is approximately 70%-80% internationally and 40%-50% domestically, with energy consumption being a significant concern [2] - Progress has been made in energy consumption control for bending machines, which is expected to enhance competitiveness [2]

证券代码：300461 证券简称：田中精机 浙江田中精机股份有限公司投资者关系活动记录表 编号：2017-02 | --- | --- | --- | |----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------- ...

Group 1: Company Restructuring and Management - The company has integrated further with Yuanyang Xiangrui in areas such as corporate culture, management, and business development after its acquisition [1] - On June 2, 2017, the company appointed Mr. Gong Lunyong as the general manager, enhancing the integration of financial and business management [2] - The company plans to optimize management structure and business processes to improve overall operational and management capabilities [2] Group 2: Employee Incentive Program - The company approved a restricted stock incentive plan on March 14, 2017, granting 3,863,800 shares to 164 incentive recipients [2] - The total share capital increased to 70,543,800 shares following the stock grant [2] Group 3: Product Development and Orders - The company has completed the development of wireless charging coil winding machines and received initial orders [2] - The wireless charging coil winding machines are utilized for both receiving and transmitting ends, with ongoing improvements for the receiving end [2] - Some models of the Yuanyang Xiangrui bending machines have been produced in small batches and sold, while others are still in internal testing [2] Group 4: Production Efficiency - The yield rate for Yuanyang precision engraving machines exceeds 98%, with processing times of 4-5 minutes for two 2.5D cover plates [2] - The yield rate for Yuanyang bending machines currently stands at over 75%, with production times of 60-80 seconds for a mobile phone front cover [2]

证券代码：300461 证券简称：田中精机 浙江田中精机股份有限公司投资者关系活动记录表 编号：2017-03 | --- | --- | --- | |-------------------------|-----------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | 投资者关系活动 | ■ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | ■ 现场参观 | | | ...

Group 1: Company Performance and Financial Outlook - The company expects a sales revenue of approximately 400-500 million for 2018, with Shenzhen Yuanyang also projected to increase its revenue to around 400-500 million, totaling an estimated 800-1,000 million [2] - The gross profit margin is anticipated to be between 30%-40%, but exact figures are pending the completion of monthly reports [1] Group 2: Order Status and Market Position - The company currently has a substantial order backlog, showing significant growth compared to the same period last year [1] - The wireless charging equipment produced by the company is considered technologically advanced, with a product yield rate exceeding 95%, contributing to its competitive edge in the industry [2] Group 3: Shareholder and Executive Actions - As of now, there has been no notification regarding major shareholder reductions, and no information has been received regarding executives' intentions to increase their shareholdings [2] Group 4: Subsidiary Performance and Legal Matters - The subsidiary Yuanyang Xiangrui is expected to see considerable performance growth due to rising demand for precision engraving machines and the new generation of 3D glass bending equipment [2] - Yuanyang Xiangrui has filed an appeal in a lawsuit, but the impact on the subsidiary's profits remains uncertain [2] Group 5: Market Perception - The company's stock price is influenced by various factors, but the primary focus remains on solidifying operational performance and achieving results, with an expectation for the stock price to rationally return [2]