根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民 共和国证券法》（以下简称"《证券法》"）、《深圳证券交易所创业板上市公 司自律监管指南第 1 号——业务办理》《上市公司股权激励管理办法》（以下简 称"《管理办法》"）等法律、法规、规范性文件及《深圳市大族数控科技股份 有限公司章程》的规定，深圳市大族数控科技股份有限公司（以下简称"公司"） 监事会对公司《2023 年限制性股票激励计划（草案）》（以下简称"《激励计划 （草案）》"或"本激励计划"）第一个归属期符合归属条件事项进行了核查， 发表核查意见如下： 深圳市大族数控科技股份有限公司 监事会关于2023年限制性股票激励计划第一个归属期符合 归属条件的核查意见 综上所述，监事会同意公司为本次符合条件的 376 名激励对象办理限制性股 票归属事宜，对应本次归属的限制性股票数量为 5,509,152 股。上述事项符合相 关法律法规及规范性文件所规定的条件，不存在损害公司及股东利益的情形。 特此公告。 深圳市大族数控科技股份有限公司监事会 1、本激励计划第一个归属期的归属条件已经成就，符合《管理办法》等相 关法律、法规及《激励计划（草案）》的相 ...

证券代码：301200 证券简称：大族数控 公告编号：2025-035 深圳市大族数控科技股份有限公司 第二届监事会第十次会议决议公告 本公司及监事会全体成员保证公告内容真实、准确和完整，不存在任何虚假 记载、误导性陈述或者重大遗漏。 深圳市大族数控科技股份有限公司（以下简称"公司"）第二届监事会第十次 会议于 2025 年 5 月 6 日以通讯表决的方式召开，本次会议通知已于 2025 年 4 月 30 日向全体监事发出。本次会议应出席监事 3 人，实际出席监事 3 人。本次 会议的召开符合《中华人民共和国公司法》（以下简称"《公司法》"）和《深 圳市大族数控科技股份有限公司章程》（以下简称"《公司章程》"）的规定。 全体监事审议并表决通过了如下决议： 但尚未归属的 95,550 股限制性股票不得归属并由公司作废。公司本次作废部分 限制性股票符合有关法律、法规及公司《激励计划（草案）》的相关规定，不存 在损害公司股东利益的情况。因此，监事会同意公司作废相应不得归属的限制性 股票。 具体内容详见公司同日刊登于巨潮资讯网的《关于作废 2023 年限制性股票 激励计划部分已授予尚未归属的限制性股票的公告》（公告编 ...

深圳市大族数控科技股份有限公司 第二届董事会第十三次会议决议公告 本公司及董事会全体成员保证公告内容真实、准确和完整，不存在任何虚假 记载、误导性陈述或者重大遗漏。 证券代码：301200 证券简称：大族数控 公告编号：2025-034 深圳市大族数控科技股份有限公司（以下简称"公司"）第二届董事会第十 三次会议于 2025 年 5 月 6 日以通讯表决方式召开，本次会议通知已于 2025 年 4 月 30 日向全体董事发出。本次会议应出席董事 7 人，实际出席董事 7 人。本次 会议的召开符合《中华人民共和国公司法》（以下简称"《公司法》"）和《深 圳市大族数控科技股份有限公司章程》（以下简称"《公司章程》"）的规定。 本次会议由董事长杨朝辉先生主持，全体董事审议并表决通过了如下决议： 一、审议通过《关于调整 2023 年限制性股票激励计划授予价格的议案》 鉴于公司拟实施 2024 年度利润分配方案，并根据《上市公司股权激励管理 办法》（以下简称"《管理办法》"）、公司《2023 年限制性股票激励计划（草 案）》（以下简称"《激励计划（草案）》"）的相关规定以及公司 2023 年第 二次临时股东大会的授权， ...

中信证券股份有限公司 关于深圳市大族数控科技股份有限公司 2024年年度跟踪报告 2 | 9.保荐业务工作底稿记录、保管是否合规 | 是 | | --- | --- | | 10.对上市公司培训情况 | | | （1）培训次数 | 1次 | | （2）培训日期 | 2024年12月17日 | | （3）培训的主要内容 | 根据《深圳证券交易所创业板股票上市规则》 | | | 《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》等规则要 | | | 求，对上市公司募集资金管理及信息披露、 | | | 上市公司股东及董事、监事、高级管理人员减 | | | 持股份规则等进行培训。 | | 11.其他需要说明的保荐工作情况 | 无 | | 保荐人名称：中信证券股份有限公司 | 被保荐公司简称： 大族数控 | | --- | --- | | 保荐代表人姓名：吴斌 | 联系电话：0755-23835238 | | 保荐代表人姓名：熊科伊 | 联系电话：0755-23835238 | 一、保荐工作概述 | 项目 | 工作内容 | | --- | --- | | 1.公司信息披露审阅情况 | ...

中信证券股份有限公司 关于深圳市大族数控科技股份有限公司 2024年度持续督导工作现场检查报告 | 保荐人名称：中信证券股份有限公司 被保荐公司简称：大族数控 | | --- | | 保荐代表人姓名：吴斌 联系电话：0755-23835238 | | 保荐代表人姓名：熊科伊 联系电话：0755-23835238 | | 现场检查人员姓名：吴斌、吴梓源 | | 现场检查对应期间：2024 年度 | | 现场检查时间：2025 年 4 月 17 日 | | 一、现场检查事项 现场检查意见 | | （一）公司治理 是 否 不适用 | | 现场检查主要手段： | | （1）查阅公司章程和各项规章制度； | | （2）查阅公司股东大会、董事会、监事会议事规则等公司基本制度，查阅 2024 年历 | | 次股东大会、董事会及监事会决议及记录； | | （3）访谈公司相关部门人员，了解公司基本制度的执行情况，了解公司董事、监事 | | 和高级管理人员履行职务勤勉尽责情况及变动情况，了解控股股东、实际控制人遵守 | | 相关承诺的情况。 | | 1.公司章程和公司治理制度是否完备、合规 √ | | 2.公司章程和三会规则是否 ...

Group 1: Company Performance and Financials - The company achieved a revenue of 959,848,668.68 CNY in Q1 2025, representing a year-on-year growth of 27.89% [8] - The net profit attributable to shareholders for the same period was 116,773,485.23 CNY, showing an increase of 83.60% compared to the previous year [8] - The company’s revenue growth in 2024 was 104.56%, primarily driven by drilling equipment, which accounted for 62.84% of total revenue [22] Group 2: Market Trends and Industry Outlook - The global PCB industry is expected to grow by 6.8% in 2025, with a compound annual growth rate (CAGR) of 5.2% projected from 2024 to 2029 [19] - The demand for PCB products is increasing due to advancements in AI, 5G technology, and the recovery of consumer electronics [7][22] - The company is focusing on high-tech products such as high-layer boards and IC packaging substrates to meet market demands [15] Group 3: Strategic Initiatives and Future Plans - The company plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance its capital base [13] - There is an emphasis on expanding into Southeast Asian markets, leveraging partnerships with local clients to adapt to regional supply chain dynamics [11][16] - The company is committed to developing energy-efficient PCB equipment in response to green manufacturing demands [6] Group 4: Customer Base and Market Position - The company serves 80% of the top 100 global PCB companies and has established relationships with numerous domestic and international clients [4] - It ranks first in the CPCA Top 100 list for specialized equipment for 15 consecutive years, indicating a strong market position [18] Group 5: Challenges and Responses - The company acknowledges the impact of stock price decline since its IPO, with a 40% drop from the issue price, and is focused on improving operational management [3] - In response to raw material supply challenges, the company is enhancing its procurement strategies and building relationships with key suppliers [10]

出席本次说明会的人员有：公司董事长兼总经理杨朝辉先生；副总经理、财 务总监兼董事会秘书周小东先生；副总经理宋江涛先生；独立董事辛国胜先生； 中信证券保荐代表人吴斌先生。 为充分尊重投资者，提升交流的针对性，现就公司 2024 年度业绩说明会提 前向投资者公开征集问题，广泛听取投资者的意见和建议。投资者可于 2025 年 4 月 28 日（星期一）17:00 前访问网址 https://eseb.cn/1nEdeSBEsWQ 或使用微信 扫描下方小程序码进行会前提问。公司将在 2024 年度业绩说明会上，对投资者 普遍关注的问题进行重点回答。 证券代码：301200 证券简称：大族数控 公告编号：2025-033 深圳市大族数控科技股份有限公司 关于举行 2024 年度网上业绩说明会的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，不存在任何虚假 记载、误导性陈述或者重大遗漏。 深圳市大族数控科技股份有限公司（以下简称"公司"或"大族数控"）于 2025 年 4 月 21 日发布了 2024 年年度报告。为便于广大投资者更深入、全面地 了解公司情况，公司定于 2025 年 4 月 29 日（星期二）1 ...

Summary of Dazhu CNC Conference Call Company Overview - Dazhu CNC reported Q1 2025 revenue of approximately 960 million RMB, with mechanical drilling machines accounting for over 60% of revenue, laser drilling machines less than 10%, and testing equipment over 10% with a gross margin exceeding 45% [1][3] - The company has seen significant growth in 2024, with revenue doubling and profits increasing notably, driven by AI-related computing chain developments and a resurgence in consumer products like smartphones and home appliances [2] Key Financial Metrics - Q1 gross margin improved by 2-3 percentage points year-on-year, with a substantial increase in net margin attributed to business growth, high-margin testing equipment contributions, and approximately 20 million RMB in concentrated tax refunds [1][4] Business Segmentation - In Q1 2025, the revenue breakdown included mechanical drilling machines over 60%, laser drilling machines under 10%, exposure machines around 6-7%, and testing equipment over 10% [3] - The company anticipates a favorable outlook for laser drilling machines due to increased AI usage in HDI processes [3] Growth Drivers - AI-related business has significantly boosted specialized testing equipment, particularly with Shenghong securing numerous server board orders [1][5] - The company plans to expand into optical testing as a future growth area, with current optical testing equipment sales expected to increase significantly [6] Market Potential - The domestic and international PCB market is estimated to be worth 7-10 billion RMB, with new optical testing equipment expected to maintain growth rates of over 30% to 50%, while existing equipment is projected to grow by 20% to 30% [9] - The combination of new and existing products could lead to a doubling of revenue within three to five years [9] International Strategy - Dazhu CNC's overseas business growth is primarily focused on Southeast Asia, influenced by domestic clients relocating production capacity [10][11] - The company is actively planning its overseas strategy in response to changes in international trade relations [11] Technology and Product Development - The company is focusing on ultra-fast laser technology as a key area for capability enhancement, with plans to establish laboratories overseas to develop new processes [14][15] - Dazhu CNC is also prioritizing the development of pressing equipment, aiming to achieve significant sales in this area and establish itself as a leading domestic brand [16] Competitive Positioning - Dazhu CNC holds a strong position in the electrical testing field, with global-leading product quality in multilayer and standard HDI markets [7][8] - The company differentiates itself by integrating testing data across processes to enhance efficiency and quality [8] Financial Management and Risks - The increase in accounts receivable and inventory is linked to sales growth, with the company maintaining transparent management practices to mitigate risks [25][29] - Dazhu CNC emphasizes strict financial management to ensure a low-risk development environment [29] Future Outlook - The company aims to continue its focus solely on the PCB industry, enhancing its technological capabilities and customer relationships to drive industry transformation [27] - Dazhu CNC plans to attract international talent through its Hong Kong listing, enhancing its brand recognition and market influence [22][24]

Core Viewpoint - Despite significant revenue growth, the quality of growth for Dazhu CNC appears concerning, with declining cash flow and gross margin below industry average, raising questions about whether the company is sacrificing quality for scale growth [1][12][14]. Group 1: Company Performance - Dazhu CNC achieved a revenue of 3.343 billion yuan in 2024, a year-on-year increase of 104.56%, and a net profit of 301 million yuan, up 122.20% [8][18]. - The company’s sales volume increased by 116.83% to 4,510 units, while production volume rose by 79.53% to 4,314 units [9][10]. - However, the production and sales rate decreased from 115.53% in 2023 to 104.54% in 2024, indicating potential inefficiencies [9]. Group 2: Financial Health - Operating cash flow has been declining, with figures of 655 million yuan in 2022, 417 million yuan in 2023, and only 155 million yuan in 2024 [12]. - The gross margin has decreased from 37.33% in 2022 to 28.11% in 2024, reflecting a significant drop of nearly 10 percentage points [14]. - Accounts receivable surged to 2.757 billion yuan, with accounts receivable making up 74% of the revenue, compared to 50% in 2021 [15]. Group 3: Market Position and Strategy - Dazhu CNC focuses on the PCB equipment sector, with a product line that includes multilayer boards, HDI boards, and IC packaging substrates, making it one of the most comprehensive in the industry [6]. - The company’s core business is primarily domestic, with only 10% of revenue coming from overseas markets [23]. - The company plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance its global strategy and capital platform [22]. Group 4: Investment Projects - Dazhu CNC's investment projects are progressing slowly, with an overall completion rate of approximately 51% [26]. - The company has committed to investing 1.524 billion yuan in PCB equipment production expansion and 183 million yuan in a technology research center, with both projects delayed until September 2025 [24][25].

营收净利倍增 资料显示，大族数控的主营业务为PCB专用设备的研发、生产和销售，其下游客户为PCB制造商，终端电子的需 求与专用设备的投资具有正向相关性，因此公司产品的市场规模间接受电子行业宏观需求影响。 IPO前，2019年至2021年，大族数控的营业收入和净利润分别由13.23亿元、2.28亿元增长至40.81亿元、6.99亿 元。 2022年2月末，大族数控在创业板上市。 长江商报消息 ●长江商报记者 徐佳 伴随着下游行业复苏，大族数控（301200.SZ）盈利能力显著回温，并拟赴港IPO，实现"A+H"上市。 4月20日晚间，大族数控发布年报。2024年，大族数控实现营业收入33.43亿元，同比增长104.56%；归属于上市公 司股东的净利润（净利润，下同）3.01亿元，同比增长122.2%；扣除非经常性损益的净利润（扣非净利润，下 同）2.1亿元，同比增长108.94%。 长江商报记者注意到，作为全球PCB专用设备行业中产品线最广泛的企业之一，受益于AI产业链基础设施需求爆 发的推动，以及消费电子复苏、汽车电子技术升级等，大族数控盈利能力大幅回温。2024年，公司产品销售量为 4510台，同比增长11 ...