1 英诺激光科技股份有限公司 2025 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 英诺激光科技股份有限公司 2025 年半年度报告全文 | œ | 1 œ | | --- | --- | | | 4 | | 第一节 | 重要提示、目录和释义 2 | | | --- | --- | --- | | 第二节 | 公司简介和主要财务指标 7 | | | 第三节 | 管理层讨论与分析 10 | | | 第四节 | 公司治理、环境和社会 30 | | | 第五节 | 重要事项 | 33 | | 第六节 | 股份变动及股东情况 | 38 | | 第七节 | 债券相关情况 | 44 | | 第八节 | 财务报告 | 45 | 英诺激光科技股份有限公司 2025 年半年度报告全文 备查文件目录 公司负责人 ZHAO XIAOJIE、主管会计工作负责人陈文及会计机构负责人 (会计主管人员)陈文声明：保证本半年度报告中财务报告的真实、准确、完 整。 所有董事均已出席了审 ...

Core Viewpoint - The company Inno Laser has developed the XBC laser graphic equipment featuring self-developed lasers and a dual-track mirror structure, which enhances production capacity and flexibility [1] Group 1: Product Features - The XBC laser graphic equipment utilizes a dual-track configuration, each equipped with two independent laser processing systems [1] - The equipment is primarily used for etching masks, preparing PN junction cross-finger structures, PN junction isolation, and passivation film grooving [1] - The device has already undergone mass production verification at customer sites [1]

8月26日，英诺激光大宗交易成交33.66万股，成交额1029.32万元，占当日总成交额的4.58%，成交价30.58元，较市场收盘价 35.66元折价14.25%。 | 交易日期 | 证券代码 | 证券简称 | 成交价格 | 成交星 | 成交全额 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | (元) | (万股/万份) | (万元) | | | | 2025-08-26 | 301021 | 英诺激光 | 30.58 | 33.66 | 1,029.32 机构专用 | | 长城证券股份有限 | | | | | | | | | 公司深圳宝安海秀 | | | | | | | | | 路证券营业部 | ...

证券之星消息，8月22日自动化设备板块较上一交易日上涨2.27%，天准科技领涨。当日上证指数报收于 3825.76，上涨1.45%。深证成指报收于12166.06，上涨2.07%。自动化设备板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 688003 | 天准科技 | 62.83 | 11.44% | 15.06万 | | 9.02亿 | | 000988 | 华工科技 | 58.63 | 7.48% | 91.45万 | | 52.99 Z | | 688698 | 伟创电气 | 55.80 | 6.86% | 10.88万 | | 5.96亿 | | 300757 | 罗博特科 | 225.30 | 5.68% | 10.40万 | | 23.20亿 | | 301021 | 英诺激光 | 35.96 | 4.08% | 8.24万 | | 2.94亿 | | 002979 | 雷赛智能 | 48.00 | 4.08% | 16.65万 | | 7.93 ...

英诺激光科技股份有限公司 关于持股5%以上股东减持股份触及1%整数倍的公告 大股东宿迁荟商企业管理合伙企业（有限合伙）保证向本公司提供的信息内 容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 英诺激光科技股份有限公司（以下简称"英诺激光"或"公司"）于 2025 年 6 月 23 日在巨潮资讯网（www.cninfo.com.cn）披露的《关于股东减持股份的预披 露公告》（2025-033）显示：大股东宿迁荟商企业管理合伙企业（有限合伙）1 （以下简称"荟商投资"）持有公司股份 10,030,000 股，占公司扣除回购后总股 本 2的 6.62%。荟商投资计划于 2025 年 7 月 15 日至 2025 年 10 月 12 日内减持公司 股份不超过 2,460,100 股，不超过公司扣除回购后总股本的 1.62%。其中，以集中 竞价方式减持公司股份不超过 1,514,900 股，不超过公司扣除回购后总股本的 1.00%；以大宗交易方式减持公司股份不超过 945,200 股，不超过公司扣除回购后 总股本的 0.62%。 公司于近日收 ...

| 交易日期 | 证券代码 | 证券简称 | 成交价格 | 成交量 | 成交全额 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | (元) | (万龄/万份) (万元) | | | | | 2025-08-18 | 301021 | 英诺激光 | 31.45 | 9.54 | 300.03 | 华泰证券股份有限 | 长城证券股份有限 | | | | | | | | 公司北京分公司 | 公司深圳宝安海秀 | | | | | | | | | 路证券营业部 | | 2025-08-18 | 301021 | 英诺激光 | 31.45 | 9.86 | 310.10 | 长江证券股份有限 | 长城证券股份有限 | | | | | | | | 公司北京百万庄大 | 公司深圳宝安海秀 | | | | | | | | 街道券营业部 | 路证券营业部 | | 2025-08-18 | 301021 | 英诺激光 | 31.45 | 6.50 | 204.43 | 机构专用 | 长城证券股份有限 | | | | | | | | ...

光伏产业链股15日盘中大幅拉升，截至发稿，捷佳伟创涨超10%，奥特维、英诺激光涨超7%，晶澳科 技、通威股份涨约6%，钧达股份等涨超4%。 （文章来源：证券时报网） 消息面上，据报道，随着"反内卷"趋势的持续发酵，光伏组件市场近期呈现价格回升态势。多家头部经 销商透露，一线组件企业的对外报价已攀升至0.7元/W，部分型号更出现供应短缺，其中710W大版型组 件的缺货现象尤为突出。 中信证券近日指出，"反内卷"在国内已提升至国家战略行动高度，光伏作为当前同质化低价竞争和产能 阶段性过剩问题突出的行业，是本轮"反内卷"的核心阵地。在以市场化为导向的前提下，随着行业回归 规范化有序竞争，以及潜在供给侧改革政策逐步完善和落地，光伏产业链有望迎来价格合理回升和盈利 修复，基本面有望得以夯实和改善。同时，技术创新仍将是光伏走出同质化竞争困境的根本路径，具备 产品差异化、市场高端化、制造品牌化优势的厂商有望迎来业绩率先反转和长期成长。建议重点关注在 光伏"反内卷"不断推进下，具备长期竞争力和量价回升弹性的龙头公司。 ...

金融界2025年8月13日消息，国家知识产权局信息显示，常州英诺激光科技有限公司、英诺光伏设备 （江苏）有限公司取得一项名为"翻转输送装置"的专利，授权公告号CN223213237U，申请日期为2024 年07月。 专利摘要显示，本实用新型属于电池组件生产设备技术领域，具体涉及一种翻转输送装置。本实用新型 的翻转输送装置采用一体式输送带，支架包括两个分设于一体式输送带两侧的立柱，两个翻转盘分别可 转动得安装在相应立柱的内侧，且两个翻转盘之间形成有供一体式输送带穿设的空间，驱动机构设置在 空间以外区域从而不干扰一体式输送带，通过驱动机构驱动两个翻转盘同步转动以翻转一体式输送带上 的电池片，克服了现有技术采用过渡轴导致过渡轴前后输送带分体设置浪费安装空间的技术问题。 天眼查资料显示，常州英诺激光科技有限公司，成立于2011年，位于常州市，是一家以从事计算机、通 信和其他电子设备制造业为主的企业。企业注册资本21000万人民币。通过天眼查大数据分析，常州英 诺激光科技有限公司参与招投标项目30次，财产线索方面有商标信息11条，专利信息242条，此外企业 还拥有行政许可8个。 英诺光伏设备（江苏）有限公司，成立于20 ...

Investment Rating - The industry investment rating is "Overweight" indicating that the industry is expected to outperform the overall market [2][9]. Core Insights - The PCB industry is experiencing continuous expansion driven by the demand for AI computing infrastructure, with major companies like Huadian and Shenghong investing significantly in new projects [3]. - The expansion is primarily focused on high-layer HDI boards, leading to increased requirements for equipment quantity and pricing [3]. - The exposure segment of PCB equipment, which accounts for 10%-15% of the total equipment value, is seeing higher demand for advanced exposure equipment due to stricter requirements from high-end PCB boards [3]. - The drilling segment, which constitutes about 25% of PCB equipment value, is benefiting from the increasing complexity of PCB designs, with a shift towards laser drilling technology [3]. - The PCB drill needle market is experiencing growth due to the surge in AI demand, prompting manufacturers to expand production capacity [3]. - The electroplating segment, which represents around 10% of PCB equipment value, is seeing increased demand for high-end equipment as AI applications require thicker copper and finer lines [3]. Summary by Sections PCB Expansion - Continuous expansion in the PCB sector is driven by AI computing needs, with significant investments from leading companies [3]. Exposure Equipment - Exposure equipment is critical for high-end PCB production, with domestic companies improving their capabilities to meet rising demands [3]. Drilling Equipment - The drilling process is evolving with a shift towards laser technology, driven by the need for smaller apertures and tighter tolerances in PCB manufacturing [3]. Drill Needles - The demand for high-quality drill needles is increasing, with manufacturers ramping up production to meet the needs of upgraded AI server PCBs [3]. Electroplating Equipment - The demand for advanced electroplating equipment is growing, particularly for high-end applications in the AI sector [3].

Investment Rating - The industry investment rating is "Positive" due to the expected growth driven by advancements in the AI industry and its impact on PCB equipment demand [4]. Core Viewpoints - The development of the AI industry is driving demand for PCB equipment, with key products such as AI servers, 800G switches, and AI smartphones expected to see significant growth. This transformation is a crucial factor for the PCB industry's new development cycle [5]. - The penetration rate of laser applications in PCB processing is increasing, particularly in drilling, exposure, and forming processes, which enhances the efficiency and precision of PCB manufacturing [5]. - Core companies in the laser equipment sector are expected to benefit from the rising complexity of PCB technology, with a focus on high-layer HDI boards and high-value-added processing equipment [5]. Summary by Sections AI Industry Impact - The AI industry's rapid expansion is a key growth engine for the PCB sector, with "All in AI" becoming a primary strategy for leading tech companies [5]. - The demand for high-layer boards and advanced packaging substrates is expected to drive continuous investment in specialized processing equipment [5]. Laser Application in PCB Processing - Drilling: Laser technology allows for the creation of micro-holes under 100 microns, offering a clean, efficient, and precise manufacturing process compared to traditional methods [5]. - Exposure: Laser direct imaging technology eliminates multiple steps in the traditional exposure process, improving production efficiency and quality [5]. - Forming: Laser technology is preferred for high-precision processing of ultra-thin and flexible boards, enhancing the manufacturing capabilities for complex PCB designs [5]. Key Companies - The report highlights several key companies that are expected to benefit from these trends, including: - 大族激光 (Daheng Laser) - 大族数控 (Daheng CNC) - 杰普特 (Jepter) - 帝尔激光 (Dier Laser) - 德龙激光 (Delong Laser) - 英诺激光 (Inno Laser) - 锐科激光 (Raycus Laser) [5][6].