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。 证券代码：301338 证券简称：凯格精机 公告编号：2025-055 东莞市凯格精机股份有限公司 2025年第三次临时股东会决议公告 特别提示： 1. 本次股东会未出现否决议案的情形。 2. 本次股东会未涉及变更以往股东会已通过的决议。 一、会议召开情况 1. 会议召开时间： 现场会议时间：2025年11月17日（星期一）15:30 网络投票的时间：通过深圳证券交易所交易系统进行网络投票的具体时间为：2025 年11月17日（星期一）上午9:15-9:25、9:30-11:30，下午13:00-15:00。通过互联网投票系 统投票的具体时间为：2025年11月17日（星期一）上午9:15至下午15:00期间的任意时间。 2. 现场会议召开地点：东莞市东城街道沙朗路2号会议室 6. 本次会议的召集、召开与表决程序均符合《公司法》《证券法》《深圳证券交易 所创业板股票上市规则》等有关法律、行政法规、部门规章等相关规定。 二、会议出席情况 1. 股东出席的总体情况 通过现场和网络投票的股东45人，代表股份71,299 ...

Group 1 - The mechanical industry showed a strong performance in 2025, with a cumulative increase of 35.07%, outperforming the Shanghai and Shenzhen 300 index (17.94%) and the Shanghai Composite Index (17.99%) [1][17][21] - Emerging sectors such as AI equipment (140%), lithium battery equipment (96%), humanoid robots (67%), and engineering machinery (55%) led the gains in the mechanical industry, indicating significant investment opportunities [1][27][25] - The outlook for 2026 suggests continued growth in AI and technology sectors, with engineering machinery expected to maintain an upward trend and domestic demand gradually recovering from the bottom [1][30][39] Group 2 - Domestic economic conditions are currently experiencing a "weak recovery" phase, with fixed asset investment showing a differentiated pattern: manufacturing > infrastructure > real estate [2][30] - The general manufacturing sector is expected to enter a new investment cycle, driven by improved PPI and inventory levels, with a focus on high-end upgrades and stock replacement [39][46] - The export sector is benefiting from the competitive strength of leading Chinese companies, with a notable increase in orders for high-end machinery from Japan, reflecting the active investment in domestic high-end manufacturing [55][56] Group 3 - The AI-driven technology sector is expected to continue its upward trend, with hardware demand and new process iterations accelerating, particularly in AI PCB technology and humanoid robots [3][30][61] - Solid-state battery technology is at a critical juncture, with leading battery companies expanding production capacity, indicating a significant opportunity for battery equipment manufacturers [3][30][61] - Investment recommendations include focusing on technology growth assets such as AI PCB equipment, humanoid robots, and solid-state battery equipment, as well as engineering machinery and general automation sectors [4][61]

Group 1: Fashion Industry in Dongguan - The Dongguan Humen clothing industry cluster is being revitalized through policy guidance and resource allocation, focusing on digital transformation and AI empowerment to enhance supply chain flexibility [4][7]. - The 2025 World Fashion Conference, the 28th China (Humen) International Clothing Trade Fair, and the 2025 Greater Bay Area (Humen) Fashion Week are being held concurrently from November 15 to 19, showcasing local brands and innovations [7][14]. Group 2: Events and Achievements - The 15th National Games opened in Dongguan, featuring a rich display of Lingnan culture and advanced technology, with local volunteers playing a crucial role in the event's success [8]. - Guangdong's women's weightlifting team, represented by Peng Cuiping from Dongguan Shilong, won the first gold medal of the games, setting new national and world records [13]. Group 3: AI and Technology in Fashion - The upcoming 22nd Dalan "Weaving Fair" on November 17 will highlight AI design capabilities, allowing users to create personalized sweater designs quickly through the POP·AI platform [11]. - The fair will also feature non-heritage showcases and a pet fashion show, indicating a blend of tradition and modern trends in the textile industry [11]. Group 4: Regulatory Issues - Three insurance companies in Dongguan, including Sunshine Life, were penalized by the National Financial Regulatory Bureau for improper practices, with Sunshine Life facing a fine of 175,000 yuan [14][15].

Investment Rating - The report maintains a "Market Weight" rating for the mechanical equipment industry, indicating that the industry is expected to perform within ±10% of the market index over the next six months [50]. Core Insights - The mechanical equipment industry has experienced a decline of 1.75% in the past two weeks, underperforming the CSI 300 index by 1.58 percentage points, ranking 27th among 31 industries [2][13]. - Year-to-date, the mechanical equipment sector has increased by 33.14%, outperforming the CSI 300 index by 13.65 percentage points, ranking 7th among 31 industries [13][27]. - The report highlights the ongoing technological innovations leading to industry upgrades, particularly in the electrification and dexterous hand segments of engineering machinery [4][46]. Summary by Sections Market Review - As of November 13, 2025, the mechanical equipment sector has seen a 1.75% decline in the last two weeks, with the general equipment sector showing the highest increase of 0.40% among its sub-sectors [2][21]. - The top three performing stocks in the mechanical equipment sector over the past two weeks are Huafeng Co., World Co., and Jikai Co., with increases of 46.59%, 40.02%, and 36.22% respectively [20][22]. Valuation - The current PE TTM for the mechanical equipment sector is 31.51 times, with sub-sectors showing varied valuations: General Equipment at 43.79 times, Specialized Equipment at 31.81 times, and Automation Equipment at 49.06 times [3][25]. Industry News - The report notes that the demand for engineering machinery is expected to be supported by the commencement of major national projects and accelerated funding [5][46]. - Exports of engineering machinery products have shown significant growth, with a year-on-year increase of 29.78% in September [5][46]. Company Announcements - The report suggests focusing on companies like Huichuan Technology and Green Harmonic, which are positioned well in the market due to their strong competitive advantages and growth potential [44][47].

Summary of Conference Call Transcript Company and Industry Overview - The company is involved in the server and semiconductor equipment industry, with a focus on AI servers, consumer electronics, and automotive electronics [2][4][13]. Key Points and Arguments Server Orders and Market Outlook - The company has a strong order backlog, particularly from Foxconn, with a rapid order pace in October and November [2][4]. - Significant growth in AI server business is expected, with Foxconn projected to deliver 10,000 cabinets to Nvidia monthly next year, up from over 3,000 currently [2][6]. - The consumer electronics market is showing positive signs, with iPhone 17 sales performing well and orders for foldable screens increasing since October [2][8]. Equipment and Production Insights - Existing equipment for solder paste printing will suffice for upcoming demands, requiring only partial replacements rather than complete overhauls [2][9]. - New production lines for foldable screens are anticipated to enhance the value of printing machines, significantly impacting gross and net margins [2][10]. Automotive Electronics Growth - The automotive electronics sector has transitioned from initial development to scaling, with notable progress among various clients including Bosch and BYD [2][13]. - The company is experiencing a market share increase in automotive electronics, with expectations of substantial growth in the coming years [2][13]. Financial Performance and Projections - The company anticipates a strong performance in Q1, with a busy order schedule and a focus on meeting customer delivery timelines [5][27]. - The semiconductor equipment business is projected to see nearly double revenue growth this year, particularly in ball placement technology [20][23]. Product Development and Market Position - The company has several key products in the semiconductor packaging sector, with silver paste printing and direct ball printing already profitable [20][23]. - The market for carbon silicon wafer aging and testing equipment is emerging, with significant potential as costs decrease and applications in electric vehicles expand [24][25]. Competitive Landscape - The company faces competition in carbon silicon equipment primarily from overseas players, with some domestic competition present [25]. Strategic Initiatives - Plans to establish a new production base in East China and expand overseas operations are underway to meet growing international demand [27]. - The company is focused on enhancing market share through comprehensive solutions and aims to increase production capacity to support anticipated order growth [19][27]. Additional Important Insights - The company has faced a recent public relations incident but has assured that operations remain unaffected and is committed to improving internal management [3]. - The consumer electronics sector's equipment value is estimated at around 500,000 to 600,000 RMB, with recent orders showing positive trends [12]. - The company is not currently setting specific market share targets but aims to leverage its technological capabilities to increase its presence in the market [19].

Core Points - The company Keg Precision Machinery (301338) announced that its general manager, Deng Di, is under investigation for suspected dangerous driving, but he is currently allowed to perform his duties normally [1] - Keg Precision Machinery expressed sincere apologies to investors for any negative impact caused by this incident, while stating that its production and operations are proceeding normally [1] Company Overview - Keg Precision Machinery was established in 2005 and specializes in the research, production, sales, and provision of process solutions for high-end precision automation equipment [4] - The company’s products mainly cover Surface Mount Technology (SMT) and System-in-Package (SIP), including solder paste printing equipment, dispensing equipment, packaging equipment, and flexible automation equipment, which are widely used in various industries such as consumer electronics, network communication, high-end displays, lighting applications, new energy, aerospace, military, and semiconductors [4][5] - Keg Precision Machinery was listed on the Shenzhen Stock Exchange's Growth Enterprise Market in August 2022 [5] Financial Performance - In the first three quarters of this year, Keg Precision Machinery achieved revenue of 775 million yuan, an increase of 34.21% year-on-year [5] - The net profit attributable to the parent company was approximately 121 million yuan, representing a year-on-year increase of 175.35% [5]

证券日报网讯凯格精机（301338）11月13日在互动平台回答投资者提问时表示，公司坚持聚焦主业的前 提下，持续做好各项生产经营工作，推动公司高质量发展，公司会通过持续优化经营效率、强化市场竞 争力夯实基本面，切实维护投资者权益。 ...

Core Viewpoint - The company, Kaige Precision Machinery (301338), is focusing on enhancing its packaging equipment for LED and semiconductor packaging processes, particularly in the die bonding segment, which is crucial for transferring bare chips from wafers to substrates [1] Group 1: Company Developments - The company's packaging equipment is primarily used in the die bonding process, which automates the fixing or bonding of chips to carrier substrates or lead frames [1] - The upgrade of packaging equipment has effectively improved product profitability, allowing the company to penetrate the broader semiconductor market [1] - The company is leveraging the advantages of die bonders in terms of efficiency and stability to expand its Mini/Micro LED die bonder business and increase market share [1] Group 2: Market Trends - The continuous maturation of COB (Chip on Board) and MiP (Micro LED in Package) technologies is driving an increase in market demand [1] - Several downstream major clients have achieved new breakthroughs, indicating a positive trend in the industry [1]

值得注意的是，目前邓迪才出任凯格精机总经理一职约一个月时间。简历信息显示，2019年9月至2025 年10月，邓迪任凯格精机副总经理、董事会秘书；2025年10月至今任凯格精机总经理。中经记者 庄灵 辉 卢志坤 北京报道 凯格精机方面指出，邓迪目前可正常履职。 "公司及邓迪就此事带来的不良影响，向广大投资者致以诚挚的歉意。"凯格精机方面在公告中表示，公 司今后将进一步强化董事、高级管理人员及全体员工的法律意识，督促公司全体人员在工作和生活中加 强自我约束，严格遵守国家法律法规和公司各项规章制度，切实履行遵纪守法的公民义务。目前，公司 生产经营情况正常，各项工作有序开展。公司将持续关注上述事项进展情况，及时履行信息披露义务。 【上任总经理仅一个月 凯格精机一高管被采取强制措施】11月12日晚间，凯格精机（301338.SZ）发布 公告称，公司于2025 年11 月12 日收到总经理邓迪的通知，因涉嫌危险驾驶，邓迪可能判处管制、拘役 或者独立适用附加刑，根据《中华人民共和国刑事诉讼法》，东莞市公安局决定对其取保候审。 ...

Core Viewpoint - The company is actively exploring opportunities in high-end equipment, particularly in the AI liquid cooling plate business, and is aligning its strategic planning with market demands [1]. Group 1: Business Development - The company is closely monitoring technological and industrial developments in relevant sectors to inform its business expansion and layout [1]. - The company has successfully gained recognition from globally renowned clients for its 800G optical module automation assembly line [1]. - The company is set to launch a new product line for 1.6T optical module automation assembly [1].