Core Viewpoint - The stock of Ding Tai Gao Ke experienced an abnormal trading fluctuation, with a cumulative price increase of 31.92% over three consecutive trading days from September 10 to September 12, 2025 [1] Company Information - The company confirmed that there are no corrections or supplements needed for previously disclosed information [1] - No significant changes in the company's operational situation or external business environment have been identified recently [1] - The company, its controlling shareholders, and actual controllers have not engaged in any undisclosed significant matters related to the company [1] Trading Activity - During the period of stock price fluctuation, the controlling shareholders and actual controllers did not buy or sell the company's stock [1] - The company has not violated any regulations regarding fair information disclosure [1] Investor Advisory - The company advises investors to be cautious of investment risks and suggests monitoring official designated information disclosure media for the latest updates [1]

广东鼎泰高科技术股份有限公司 股票交易异常波动公告 证券代码：301377 证券简称：鼎泰高科 公告编号：2025-045 一、股票交易异常波动情况 广东鼎泰高科技术股份有限公司（以下简称"公司"）股票于 2025 年 9 月 10 日、9 月 11 日、9 月 12 日连续三个交易日收盘价格涨幅偏离值累计达到 31.92% （超过 30%），根据深圳证券交易所相关规定，属于股票异常波动的情形。 二、公司关注并核实情况的说明 针对公司股票异常波动，公司对有关事项进行了核查，有关情况说明如下： 1、公司前期披露的信息不存在需要更正、补充之处； 2、公司未发现近期公共传媒报道了可能或已经对本公司股票交易价格产生 较大影响的未公开重大信息； 3、近期公司经营情况及内外部经营环境未发生重大变化； 4、经核查，公司、控股股东和实际控制人不存在关于本公司的应披露而未 披露的重大事项，或处于筹划阶段的重大事项； 5、经核查，公司控股股东、实际控制人在股票异动期间不存在买卖公司股 票的行为； 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 四、风险提示 1、公司不存在违反公平 ...

Group 1 - The core viewpoint of the news is that 鼎泰高科 (Ding Tai High-Tech) has seen a significant increase in its stock price, rising by 5.13% to 89.83 CNY per share, with a trading volume of 611 million CNY and a turnover rate of 9.86%, resulting in a total market capitalization of 36.83 billion CNY [1] - 鼎泰高科 is a high-tech enterprise established on August 8, 2013, and listed on November 22, 2022, located in Dongguan, Guangdong Province. The company specializes in providing integrated solutions for tools, materials, and equipment in the PCB and CNC precision machining sectors, showcasing strong independent research and innovation capabilities [1] - The revenue composition of 鼎泰高科's main business includes cutting tools (82.55%), grinding and polishing materials (9.49%), functional film materials (3.95%), intelligent CNC equipment (2.80%), and other supplementary products (1.17%) [1] Group 2 - From the perspective of the top ten circulating shareholders, 南方中证1000ETF (Southern CSI 1000 ETF) has entered the top ten shareholders, holding 569,500 shares, which accounts for 0.8% of the circulating shares. The estimated floating profit for today is approximately 2.49 million CNY [2] - 南方中证1000ETF was established on September 29, 2016, with a latest scale of 64.95 billion CNY. Year-to-date, it has achieved a return of 25.52%, ranking 1878 out of 4222 in its category, and a one-year return of 66.59%, ranking 1276 out of 3800 [2]

深交所公开信息显示，当日该股因日收盘价涨幅达20.00%上榜，机构专用席位净买入2340.04万元，深 股通净卖出12.39万元。 1142.21 1881.71 证券时报·数据宝统计显示，上榜的前五大买卖营业部合计成交3.90亿元，其中，买入成交额为1.78亿 元，卖出成交额为2.12亿元，合计净卖出3322.27万元。 具体来看，今日上榜的营业部中，共有4家机构专用席位现身，即买二、买三、买四、卖三、卖五，合 计买入金额6717.32万元，卖出金额4377.28万元，合计净买入2340.04万元，深股通为第一大买入营业部 及第一大卖出营业部，买入金额为8233.27万元，卖出金额为8245.66万元，合计净卖出12.39万元。 鼎泰高科今日涨停，全天换手率16.85%，成交额9.71亿元，振幅19.26%。龙虎榜数据显示，机构净买入 2340.04万元，深股通净卖出12.39万元，营业部席位合计净卖出5649.92万元。 资金流向方面，今日该股主力资金净流入821.59万元，其中，特大单净流入1342.22万元，大单资金净流 出520.63万元。近5日主力资金净流入3989.83万元。 融资融券数据显示， ...

Market Performance - The general equipment sector increased by 2.16% on September 11, with Ding Tai Gao Ke leading the gains [1] - The Shanghai Composite Index closed at 3875.31, up 1.65%, while the Shenzhen Component Index closed at 12979.89, up 3.36% [1] Top Gainers - Ding Tai Gao Ke (301377) closed at 85.45, up 20.00% with a trading volume of 119,700 shares and a transaction value of 971 million [1] - Tong Fei Co., Ltd. (300990) closed at 66.08, up 15.73% with a trading volume of 127,500 shares [1] - Fang Sheng Co., Ltd. (832662) closed at 38.17, up 10.64% with a trading volume of 96,800 shares and a transaction value of 369 million [1] Top Losers - Kai Chuang Electric (301448) closed at 60.83, down 6.77% with a trading volume of 96,800 shares [2] - Wuyang Self-Control (300420) closed at 4.29, down 5.71% with a trading volume of 1,784,100 shares [2] - Shan Ke Intelligent (300897) closed at 28.88, down 3.60% with a trading volume of 66,200 shares and a transaction value of 190 million [2] Capital Flow - The general equipment sector experienced a net outflow of 1.024 billion from institutional investors, while retail investors saw a net inflow of 1.536 billion [2] - The top stocks by net inflow from institutional investors included Shanghai Hu Gong (603131) with a net inflow of 26.9 million [3] - The top stocks by net outflow from retail investors included Han Zhong Precision (002158) with a net outflow of 122 million [3]

Group 1 - The stock price of Ding Tai Gao Ke has reached a historical high, with the stock showing a continuous upward trend, having refreshed its historical record on 10 trading days in the past month [2] - As of 09:34, the stock is up 13.06%, priced at 80.51 yuan, with a trading volume of 1.7991 million shares and a transaction amount of 140 million yuan, resulting in a turnover rate of 2.53% [2] - The latest total market capitalization of the stock in A-shares is 33.009 billion yuan, with a circulating market value of 5.718 billion yuan [2] Group 2 - In the machinery equipment industry, Ding Tai Gao Ke is among the top gainers, with a 13.06% increase, while the overall industry has seen a decline of 0.45% [2] - There are 86 stocks in the industry that have increased in price, with notable gains from companies such as Qianjin Technology and Aerospace Engineering, which rose by 10.04% and 9.60% respectively [2] - Conversely, 498 stocks in the industry have decreased in price, with significant declines from companies like Wuyang Zikong, Titan Co., and Hanchuan Intelligent, which fell by 9.45%, 6.57%, and 5.63% respectively [2] Group 3 - The latest margin trading data shows that as of September 10, the margin balance for Ding Tai Gao Ke is 126 million yuan, with a financing balance of 126 million yuan, reflecting a decrease of 48.7499 million yuan over the past 10 days, a decline of 27.96% [2] - The company's semi-annual report indicates that it achieved an operating income of 904 million yuan in the first half of the year, representing a year-on-year growth of 26.90% [2] - The net profit for the same period was 160 million yuan, marking a year-on-year increase of 79.78%, with basic earnings per share at 0.3900 yuan and a weighted average return on equity of 6.23% [2]

Group 1 - The A-share market showed mixed performance on September 10, with the Shanghai Composite Index down by 0.04%, while sectors such as telecommunications, catering and tourism, and computer hardware saw gains [1] - The machine tool sector exhibited a mixed performance, with the Machine Tool ETF (159663) down by 0.36%, while individual stocks like DingTai High-Tech, WeiChuang Electric, and LeiSai Intelligent rose by 7.01%, 4.17%, and 3.46% respectively [1] - Tesla's recent release of the "Fourth Chapter of the Master Plan" indicates a strategic shift towards AI and robotics, with Elon Musk stating that approximately 80% of Tesla's future value will come from the Optimus robot [1] Group 2 - The Machine Tool ETF (159663) closely tracks the China Machine Tool Index, which is a critical part of the high-end equipment manufacturing sector in China's manufacturing industry, covering laser equipment, machine tools, robots, and industrial control equipment [2] - The ETF represents a core area for the implementation of innovation-driven and industrial upgrading practices as emphasized by the new productivity concept [2]

Core Viewpoint - Ding Tai Gao Ke announced that as of the date of the announcement, the company has no overdue guarantees, no guarantees involved in lawsuits, and no losses incurred due to guarantees resulting in judgments against it. Additionally, there are no guarantees provided for the controlling shareholder, actual controller, or their related parties [2] Summary by Relevant Categories - **Company Financial Health** - The company confirmed the absence of overdue guarantees, indicating a stable financial position [2] - There are no ongoing lawsuits related to guarantees, which suggests a lower legal risk profile [2] - **Corporate Governance** - The company has not provided guarantees for its controlling shareholder or related parties, reflecting a commitment to prudent governance practices [2]

一、担保情况概述 证券代码：301377 证券简称：鼎泰高科 公告编号：2025-044 广东鼎泰高科技术股份有限公司 关于为子公司向银行申请授信提供担保的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 广东鼎泰高科技术股份有限公司（以下简称"公司"或"鼎泰高科"）于 2025 年 4 月 21 日、2025 年 5 月 15 日分别召开了第二届董事会第十一次会议及 2024 年年度股东大会，审议通过了《关于向银行申请综合授信额度并提供担保 的议案》，同意公司及子公司广东鼎泰机器人科技有限公司、南阳鼎泰高科有限 公司、东莞市鼎泰鑫电子有限公司、东莞市鼎泰华南采购服务有限公司（现已更 名为广东鼎泰材料有限公司，以下简称"鼎泰材料"）、东莞市超智新材料有限 公司向银行及其他金融机构申请额度不超过人民币 16 亿元的综合授信额度，在 上述综合授信额度内，公司及子公司为银行授信金额提供担保，合计担保额度不 超过人民币 16 亿元，担保额度可循环滚动使用。具体内容详见公司于 2025 年 4 月 23 日在巨潮资讯网（www.cninfo.com.cn）披露的 ...

Summary of PCB Industry and Key Companies Industry Overview - The global PCB industry is expected to reach nearly $100 billion by 2029, with Mainland China and Taiwan maintaining a share of around 50%, while Southeast Asia's share is projected to increase to 11% [1][4] - The total value of the global PCB market was approximately $70 billion last year, with a growth rate of about 6%. By 2029, it is expected to approach $100 billion [3] - The server storage sector is the second-largest downstream application for PCBs, currently accounting for about 15% and expected to grow to 20% by 2029 [6] Key Growth Areas - AI data center-related high-layer PCBs (18 layers and above) are experiencing a growth rate of 25%, while HDI boards are growing at 18.8% [1][7] - Major cloud service providers' capital expenditures have surged, with a combined spending of $87.4 billion in Q2, a 69.4% year-over-year increase, driving PCB manufacturers' expansion [8] Manufacturing Complexity - PCB manufacturing involves complex processes including design, layout transfer, cleaning, drilling, and lamination. The production of high-layer PCBs, such as those used in AI servers, requires advanced technology and precision [9][10] - The drilling process is critical, with mechanical and laser drilling techniques being employed based on hole size [13] Cost Structure - The largest cost component in the PCB supply chain is copper-clad laminate (CCL), followed by semi-cured sheets and other materials. Multi-layer boards hold the highest market share at approximately 40% [5] Company Insights DingTai High-Tech - DingTai High-Tech benefits from its in-house production of drilling equipment, allowing for faster expansion compared to competitors. The company has a monthly production capacity that has increased from 83 million to 100 million units, with plans to reach 120 million by year-end [18][20] - Major clients include Shenghong and Shenglan Circuit, with a gross margin exceeding 50% for AI PCBs [19] - The company aims for a profit target of approximately 140 million yuan, doubling from the previous year [21] KaiGe Precision Machinery - KaiGe's product structure is shifting towards high-precision equipment for base station servers and AI-related devices, with a market share in these areas increasing from single digits to 20% [22] - The company targets a profit of 115 million yuan for 2025, with expectations of doubling profits from the previous year [22] DaZhu Laser and XinQi Micro-Assembly - DaZhu Laser holds a 6.5% share in the global CNC market, with potential for significant growth. XinQi Micro-Assembly has a 9% share in the global PCB exposure equipment market, with both companies expected to see substantial increases in market value [24] Future Outlook - The PCB industry is poised for growth driven by advancements in materials and technology, particularly in high-layer and AI-related applications. Companies like DingTai and KaiGe are well-positioned to capitalize on these trends, with significant growth potential in their respective markets [14][21][23]