Core Viewpoint - The company, Tuosida (300607.SZ), expects to achieve a net profit attributable to shareholders of 60 million to 80 million yuan in 2025, marking a turnaround from losses, with a net profit excluding non-recurring gains and losses projected at 42 million to 62 million yuan, also indicating a return to profitability [1] Group 1: Strategic Transformation - The company is continuously deepening its strategic transformation by focusing on product offerings and reducing project scope [1] - The profitability of product-related businesses is expected to improve significantly in 2025, particularly in industrial robots, injection molding machines, supporting equipment, and automatic feeding systems [1] Group 2: Business Adjustments - The company has significantly reduced its involvement in the smart energy and environmental management systems business [1] - Profitability has been achieved through measures such as controlling order intake and implementing refined management practices [1]

Core Viewpoint - TuoSiDa (维权) announced an expected net profit of 60 million to 80 million yuan for 2025, indicating a turnaround from losses to profitability [1] Group 1: Strategic Transformation - The company is continuously deepening its strategy of "focusing on products and reducing projects" [1] - The profitability of product-related businesses is expected to improve significantly by 2025 [1] Group 2: Business Performance - The gross profit of industrial robots, injection molding machines, supporting equipment, and automatic feeding systems is expected to increase significantly [1] - The company has significantly reduced its smart energy and environmental management system business [1] Group 3: Management Approach - The company aims to achieve profitability through order control and refined management practices [1]

Group 1 - The company, Tuosda, forecasts a net profit attributable to shareholders of 60 million to 80 million yuan for 2025, marking a turnaround from losses in the previous year [1] - The primary reason for the performance change is the company's strategic transformation focusing on "product concentration and project contraction," leading to improved profitability in product-related businesses [1] - Significant growth in gross profit is noted in the industrial robot, injection molding machine, supporting equipment, and automatic feeding system sectors [1] Group 2 - The company has significantly reduced its smart energy and environmental management system business, achieving profitability through order control and refined management practices [1]

拓斯达（300607）(300607.SZ)披露2025年度业绩预告，公司预计归属于上市公司股东的净利润6000万 元–8000万元，扭亏为盈;扣除非经常性损益后的净利润4200万元–6200万元。 ...

Core Viewpoint - The company expects a net profit of 60 million to 80 million yuan for the year 2025, a significant turnaround from a loss of 245 million yuan in the same period last year [1] Group 1: Strategic Transformation - The company is continuously deepening its strategic transformation by focusing on product offerings and reducing project scope [1] - The profitability of product-related businesses is expected to improve in 2025, particularly in industrial robots, injection molding machines, supporting equipment, and automatic feeding systems [1] Group 2: Business Adjustments - The company has significantly reduced its smart energy and environmental management system business [1] - Measures such as controlling order intake and implementing refined management practices have been adopted to achieve profitability [1]

证券代码：300607 证券简称：拓斯达 公告编号：2026-007 广东拓斯达科技股份有限公司 2025 年度业绩预告 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。 一、本期业绩预计情况 （一）业绩预告期间：2025 年 1 月 1 日至 2025 年 12 月 31 日。 （二）业绩预告情况：预计净利润为正值且属于扭亏为盈情形 | 项目 | 本报告期 | | | 上年同期 | | | --- | --- | --- | --- | --- | --- | | 归属于上市公司股东 | 盈利：6,000 | 万元–8,000 | 万 | 亏损：24,524.13 | 万元 | | 的净利润 | | 元 | | | | | 扣除非经常性损益后 | 盈利：4,200 | 万元–6,200 | 万 | 亏损：24,987.55 | 万元 | | 的净利润 | | 元 | | | | 二、与会计师事务所沟通情况 本次业绩预告相关数据是公司财务部门初步测算的结果，未经 会计师事务所审计。公司已就业绩预告有关事项与年报审计会计师 事务所进行了预沟通，公司与会计师事务所在 ...

Core Insights - China has become a global growth hub for humanoid robots, with a market size projected to reach 8.239 billion yuan by 2025, accounting for nearly 50% of the global market share, and an industry growth rate exceeding 50% [1] - The industry is transitioning from "technology validation" to "scale production" by 2026, with global shipments expected to exceed 50,000 units, marking a 700% year-on-year increase [1] - A clear structure has emerged in the domestic market, with listed companies solidifying production capabilities and pre-IPO companies targeting niche segments [1] Listed Companies - **Tuosida (300607.SZ)**: A leading player in the industrial sector, planning to issue H shares for international expansion, with a focus on technology R&D and supply chain upgrades [1] - **UBTECH (09880.HK)**: Recently listed in December 2023, it aims to enhance its supply chain through acquisitions and is positioned in the first tier of domestic humanoid robot companies [2] - **Siasun (300024.SZ)**: A state-owned enterprise recognized for its industrial precision applications, leveraging government support for technology development [2] - **Estun (002747.SZ)**: Focused on industrial precision tasks, it has established a strong position in the second tier of listed companies [3] Pre-IPO Companies - **Yushu Technology**: Positioned in the consumer humanoid robot sector, it is advancing its IPO process and ranks high among pre-IPO companies due to its cost-effective products [4] - **Zhiyuan Robotics**: Rapidly climbing the ranks among pre-IPO companies, it integrates AI with robotics for enhanced capabilities [4] - **Yunji Technology**: Aiming for a listing, it focuses on service robots and has a mature commercialization model [6] - **Fourier Intelligence**: Specializes in medical humanoid robots, with a strong focus on rehabilitation and clinical applications [6] Industry Trends - The domestic humanoid robot industry is characterized by high levels of technological autonomy, with over 6,618 patent applications and a core component localization rate exceeding 70% [5] - Rapid scene deployment is evident, with industrial applications achieving large-scale validation and consumer and medical sectors accelerating penetration [5] - A supportive policy and capital environment, including a comprehensive policy framework and substantial industry funds, is facilitating industry upgrades [5]

Group 1 - Dongguan is adapting its export strategy in response to changing global trade dynamics, focusing on a new model that combines manufacturing with social media influence to promote local products internationally [4] - The city is exploring new pathways for its manufacturing sector, addressing the challenges of product and brand exportation, and positioning itself as a proactive player in the global market [4] Group 2 - Dongguan has established itself as a significant player in the Greater Bay Area's innovation landscape, with 12 unicorn graduates and 4 unicorns listed, making it the third city in Guangdong province in terms of high-value enterprises [8] - The city is leveraging its manufacturing strength to carve out a unique growth path, demonstrating its capability beyond being a mere supporting role in the region [8] Group 3 - The launch of the quadruped robot "Xingzai" by Dongguan's TuoSiDa represents a significant advancement in practical applications of embodied intelligence, capable of operating in challenging environments and addressing high-risk scenarios in emergency services [9] - The robot's features include all-terrain mobility and a wide temperature adaptability, indicating a shift towards integrating advanced technology into real-world applications [9] Group 4 - TuoSiDa has submitted an application for H-share stock issuance and listing on the Hong Kong Stock Exchange, indicating its intent to expand its capital base and market presence [10][11] Group 5 - The light food brand "Salad Shike" from Dongguan is facing significant backlash and operational challenges, with reports of its vending machines disappearing and claims of financial losses from consumers and franchisees [19] - Once a promising brand with substantial investment and celebrity endorsements, it has now become a case of consumer grievances and financial instability, leading to its operational halt [19]

Core Viewpoint - Guangdong Tuosda Technology Co., Ltd. is officially pursuing a dual listing on both the A-share and H-share markets to enhance its global development strategy and broaden financing channels [1][3]. Company Overview - Tuosda was established in 2007 in Dongguan and has transformed from a supplier of injection molding peripheral equipment to a full-chain service provider in the robotics sector, becoming the first listed robotics company in Guangdong [3][5]. - The company is recognized as a leader in the full-stack industrial robotics industry in mainland China and is a pioneer in embodied intelligence [3][6]. Financial Performance - Tuosda's revenue for 2023, 2024, and the first three quarters of 2025 was RMB 45.53 billion, RMB 28.72 billion, and RMB 16.88 billion, respectively [4][9]. - The net profit showed significant volatility, with figures of RMB 1.06 billion, -RMB 2.39 billion, and RMB 0.47 billion for the same periods [9][10]. Strategic Transformation - The company is undergoing a strategic transformation focusing on core businesses such as industrial robots, CNC machine tools, and injection molding machines, which has led to improved gross margins of 17.6%, 14.6%, and 28.3% for the respective years [11][12]. - Tuosda's shift away from lower-margin businesses, particularly the smart energy and environmental management systems, has been a significant factor in its recent financial performance [11][13]. Market Expansion - The overseas market has become a crucial growth driver, with overseas sales revenue accounting for 11.0%, 20.9%, and 25.0% of total revenue in 2023, 2024, and the first nine months of 2025, respectively [7][8]. - The company has established a sales network covering over 50 countries and regions, with significant operations in Vietnam and Mexico [8][9]. Challenges and Risks - Despite the positive outlook, Tuosda faces challenges such as market competition, where it ranks fifth in the domestic industrial robotics market with a market share of 0.9% [13]. - The company is also dealing with governance issues, having received regulatory warnings for revenue recognition discrepancies and other compliance failures [14][15].

证券日报网讯1月23日，拓斯达（300607）在互动平台回答投资者提问时表示，公司具体业务及合作情 况请以公司公开披露信息为准。 ...