广东鼎泰高科技术股份有限公司（以下简称"公司"）根据《公司法》等相 关规定，于 2025 年 7 月 9 日召开职工代表大会，经与会职工代表审议，会议选 举李硕先生（简历详见附件）担任公司第二届董事会职工代表董事，任期自本次 职工代表大会审议通过之日起至公司第二届董事会任期届满之日止。 李硕先生符合《公司法》等规定的职工代表董事任职资格和条件。李硕先生 担任职工代表董事后，公司董事会中兼任公司高级管理人员以及由职工代表担任 的董事人数总计未超过公司董事总数的二分之一。 证券代码：301377 证券简称：鼎泰高科 公告编号：2025-034 广东鼎泰高科技术股份有限公司 关于选举职工代表董事的公告 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。 2025 年 7 月 9 日 附件： 职工代表董事简历 李硕：男，1982 年出生，中国国籍，无境外永久居留权，本科学历。曾先后 担任台达电子有限公司企划经理，艾默生网络能源有限公司销售经理，华为技术 有限公司全球采购招聘团队负责人、企业业务人力资源经理、海外地区部人力资 源高级专家，拥有多年制造及通信行业人力资源及业务 ...

北京市中伦（深圳）律师事务所 关于广东鼎泰高科技术股份有限公司 2025 年第一次临时股东大会的 法律意见书 二〇二五年七月 北京 • 上海 • 深圳 • 广州 • 武汉 • 成都 • 重庆 • 青岛 • 杭州 • 南京 • 海口 • 东京 • 香港 • 伦敦 • 纽约 • 洛杉矶 • 旧金山 • 阿拉木图 Beijing • Shanghai • Shenzhen • Guangzhou • Wuhan • Chengdu • Chongqing • Qingdao • Hangzhou • Nanjing • Haikou • Tokyo • Hong Kong • London • New York • Los Angeles • San Francisco • Almaty 北京市中伦（深圳）律师事务所 关于广东鼎泰高科技术股份有限公司 2025 年第一次临时股东大会的 法律意见书 致：广东鼎泰高科技术股份有限公司 北京市中伦（深圳）律师事务所（下称"本所"）接受广东鼎泰高科技术股 份有限公司（下称"公司"）的委托，指派律师出席公司2025年第一次临时股东 大会（下称"本次股东大会"），并根据《中华人 ...

广东鼎泰高科技术股份有限公司 2025年第一次临时股东大会决议公告 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。 特别提示： 1、本次股东大会无否决议案的情况。 2、本次股东大会不涉及变更以往股东大会已通过的决议。 证券代码：301377 证券简称：鼎泰高科 公告编号：2025-033 （2）网络投票时间：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7月8日上午9：15—9：25、9：30—11：30，下午13：00—15：00； 通过深圳证券交易所互联网系统投票的具体时间为2025年7月8日上午9：15至下 午15：00期间的任意时间。 2、会议召开地点：广东省东莞市厚街镇寮厦竹园路39号1号楼8楼会议室。 3、会议召开方式：本次股东大会采取现场投票与网络投票相结合的方式。 一、会议召开和出席情况 （一）会议召开情况 1、会议召开时间： （1）现场会议召开时间：2025 年 7 月 8 日 14：30 4、会议召集人：公司董事会 5、会议主持人：公司董事长王馨女士 6、本次会议的召集和召开符合《公司法》《上市公司股东会规则》等有关 法律、 ...

Meeting Information - The company will hold its first extraordinary general meeting of shareholders in 2025 on July 8, 2025 [1][2] - The meeting will be convened by the company's second board of directors and has been approved in accordance with relevant laws and regulations [1][2] - The meeting will adopt a combination of on-site voting and online voting [2] Voting Details - The online voting will take place from 9:15 to 9:25, 9:30 to 11:30, and from 13:00 to 15:00 on July 8, 2025 [1][2] - The record date for shareholders to attend the meeting is July 3, 2025 [2] - All registered shareholders have the right to attend and vote, and they may appoint a proxy to attend the meeting [2][5] Agenda Items - The meeting will review several proposals, including amendments to the company's articles of association and various governance rules [3][4] - Proposals requiring special resolutions must be approved by at least two-thirds of the voting rights represented at the meeting [4] Registration and Attendance - Registration for the meeting will occur on July 7, 2025, from 9:00 to 11:30 and 13:30 to 16:00 [5] - The registration location is specified as the company's securities department in Dongguan, Guangdong [5] Online Voting Process - The company provides an online voting platform through the Shenzhen Stock Exchange, and detailed procedures for online voting are available [5][6] - Shareholders must ensure they do not cast duplicate votes for the same proposal [6]

证券代码：301377 证券简称：鼎泰高科 公告编号：2025-032 广东鼎泰高科技术股份有限公司 关于召开 2025 年第一次临时股东大会的提示性公告 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。 广东鼎泰高科技术股份有限公司（以下简称"公司"）于 2025 年 6 月 20 日 在巨潮资讯网（http://www.cninfo.com.cn）披露了《关于召开 2025 年第一次临时 股东大会的通知》（公告编号：2025-030）。现将股东大会的相关事项再次提示 如下： 一、召开会议的基本情况 （一）股东大会届次：2025 年第一次临时股东大会 （二）股东大会的召集人：公司第二届董事会 （三）会议召开的合法、合规性：经公司第二届董事会第十二次会议审议通 过，决定召开公司 2025 年第一次临时股东大会，本次股东大会会议的召开符合 有关法律、行政法规、部门规章、规范性文件和公司章程的规定。 （四）会议召开的日期、时间： 1、现场会议召开时间为：2025 年 7 月 8 日下午 14：30 2、网络投票时间为：2025 年 7 月 8 日，其中通过深圳证券交 ...

Investment Rating - The report assigns a "Buy" rating for the company, marking its first coverage [1]. Core Insights - The company is expected to achieve revenue of 1.58 billion yuan in 2024, representing a year-on-year growth of 19.65%. The net profit attributable to the parent company is projected to be 227 million yuan, with a growth of 3.45% [4][10]. - The company has a strong market position in the PCB drill bit sector, holding approximately 26.5% of the global market share in 2023 [5]. - The company is focusing on AI-driven product optimization and has established a dedicated research team for micro-drill development, which is expected to enhance product quality and meet increasing market demands [5][6]. Financial Projections - Revenue projections for 2025, 2026, and 2027 are 2.13 billion yuan, 2.52 billion yuan, and 2.99 billion yuan, respectively, with corresponding net profits of 328 million yuan, 419 million yuan, and 528 million yuan [8][10]. - The company’s PE ratios for 2025, 2026, and 2027 are estimated to be 43, 33, and 27, respectively [8][10]. Market Dynamics - The company’s film products have shown significant growth, with a revenue increase of 72.84% in 2024, driven by demand in consumer privacy films and automotive display applications [6][7]. - The company is expanding its production capacity in Thailand and has plans to enhance its product line in the vacuum coating equipment sector [5][7].

Summary of Ding Tai Gao Ke Conference Call Industry Overview - Ding Tai Gao Ke operates in the PCB (Printed Circuit Board) industry, which has experienced a 15% decline in industry output value in 2023, yet the company achieved a 9% year-on-year growth in sales revenue and volume, outperforming peers [2][4] - The demand for AI applications has significantly increased orders, particularly since 2025, indicating a robust growth trajectory for the company [2][5] Core Business and Product Structure - The company's main business segments include tool products, grinding and polishing materials, functional film materials, and intelligent CNC equipment, with PCB drill bits and milling cutters being the core business [3] - The sales proportion of high-priced coated drill bits increased from 24% in 2023 to 31% in 2024, currently reaching 40%, while ultra-small diameter drill bits rose from 13% in 2022 to 21% in 2024, indicating an improvement in product structure [2][8] Production Capacity and Expansion - The company is actively expanding production capacity to meet AI demand, with monthly capacity projected to increase from 80 million units at the end of 2024 to 93 million units by June 2025, and potentially reaching 100 million units by the third quarter [2][7] - The company utilizes self-manufactured equipment to respond quickly to market demands, with costs significantly lower than imported equipment [7] Pricing and Market Dynamics - The average price of drill bits increased from 1.16 yuan in 2024 to 1.18 yuan in Q1 2025, reflecting a significant improvement for low-priced products like drill bits [9] - High-end drill bits are in high demand, with prices 30% higher than ordinary drill bits, driven by the market's supply-demand imbalance [9] Competitive Landscape - The company's market share in the global PCB drill bit market increased from 19% in 2020 to 26.5% in 2023, with the top four manufacturers holding over 75% market concentration [10][11] - Smaller manufacturers face challenges due to scale effects and technological barriers, making it difficult to compete with larger firms [10][11] Future Growth Drivers - The demand from AI servers and automotive electronics is expected to drive PCB demand growth, shifting the market structure from traditional consumer electronics cycles to long-term growth driven by emerging sectors [13] - The company’s CNC equipment business, previously focused on internal use, is now expanding into external sales, with plans to diversify product offerings [14] R&D and Technological Advantages - The company emphasizes R&D and has established a strong competitive edge in precision processing, particularly in the production of micro components for robotics [15] - The introduction of advanced grinding technology and equipment has positioned the company favorably in the AI and robotics sectors, suggesting continued investor interest [15]

Summary of Key Points from Conference Call Records Industry Overview - The robotics industry is experiencing an upward trend, with significant developments in automation and technology applications in various sectors, particularly in consumer electronics and automotive industries [1][2][3]. Company Insights: Lingyi Technology - Lingyi Technology has established a core position in the robotics ecosystem due to its long-term experience in consumer electronics manufacturing, particularly in process and material understanding, rapid response, and precision manufacturing capabilities [1][2]. - The company has formed partnerships with institutions like Beijing Guochuang Center and Zhiyuan to enhance data collection and application processes, facilitating the scaling of humanoid robot applications [1][3]. - Lingyi's business strategy encompasses a comprehensive range from foundational materials to component manufacturing, ODM design, and deployment of robotic solutions [2][3]. Tesla's Impact on the Automotive Industry - Tesla's automated delivery model is driving significant changes in policies and business models within the automotive sector, with the U.S. sandbox regulatory model serving as a reference for global practices [1][4]. - The insurance aspect in the RoboTaxi sector is critical, with Tesla leveraging its own insurance company to address coverage issues during the vehicle's temporary registration phase, while other manufacturers must collaborate with third-party insurers [1][6]. - The application of automated delivery technology in vehicle assembly can significantly enhance quality inspection efficiency and yield economic benefits, potentially saving millions in labor costs annually for high-capacity production lines [1][7]. Market Dynamics and Future Outlook - The market expectations for Tesla's Optimus robot have dropped to historical lows, with projections for thousands of units this year and tens of thousands next year, although the leadership under Musk is expected to maintain the development trajectory [2][16]. - Domestic humanoid robot companies are anticipated to make significant advancements in the second half of the year, with new product launches expected from companies like Yushu Technology and ByteDance [2][18]. - The robotics sector has shown resilience, rebounding quickly after negative news, indicating a buildup of momentum and increased trading volume as new capital flows into the sector [2][17]. Other Notable Companies: DingTai Technology - DingTai Technology is a leader in the PCB drilling needle market, with a market share increase from 19% in 2020 to 26.5% in 2023, driven by AI technology and server upgrades [1][9]. - The company’s revenue from drilling tools is projected to grow by 14.3% in 2024, with significant contributions from high-performance PCB drilling needles [1][9]. - DingTai's grinding and polishing materials business is also performing well, with a 30.7% revenue increase expected in 2024, supported by rising demand in the PCB sector [1][10]. Conclusion - The robotics and automotive industries are undergoing transformative changes driven by technological advancements and strategic partnerships. Companies like Lingyi Technology and DingTai Technology are positioned to capitalize on these trends, while Tesla continues to influence regulatory frameworks and market expectations. The outlook for humanoid robotics remains optimistic, with anticipated product launches and market growth in the near future [1][2][3][4][9][10][16][18].

Investment Rating - The report initiates coverage with a "Buy" rating for the company [3][9]. Core Viewpoints - The company is a leading player in the PCB drill needle market, with a diversified business model that includes tools, materials, and equipment. It has shown robust revenue growth and is well-positioned to benefit from the rapid development of the PCB industry in China [8][19]. - The company has achieved a compound annual growth rate (CAGR) of 19.99% in revenue from 2018 to 2024, increasing from 529 million to 1.58 billion yuan, and a CAGR of 21.79% in net profit, from 70 million to 227 million yuan during the same period [8][30]. - The company is focusing on expanding its capabilities in high-performance drill needles, CNC tools, functional films, and intelligent CNC equipment, which are expected to drive future growth [8][9]. Financial Data and Profit Forecast - Total revenue is projected to reach 1.96 billion yuan in 2025, with a year-on-year growth rate of 24.3%. By 2027, revenue is expected to grow to 2.83 billion yuan, with a growth rate of 18.3% [2]. - The net profit attributable to the parent company is forecasted to be 338 million yuan in 2025, increasing to 547 million yuan by 2027, reflecting a growth rate of 48.9% and 26.4%, respectively [2]. - The earnings per share (EPS) is expected to rise from 0.82 yuan in 2025 to 1.33 yuan in 2027 [2]. Business Segments - **PCB Tools**: The company maintains a strong competitive advantage in the PCB drill needle market, with a market share that increased from 19% in 2020 to 26.5% in 2023. The global PCB drill needle market is projected to reach 991 million USD by 2025 [8][9]. - **CNC Tools**: The company is expanding its production capacity and improving cost efficiency, with a target capacity of 600,000 units per month by the end of 2024 [8][9]. - **Functional Films**: The company is actively developing its functional film business, which is expected to grow significantly due to new certifications from automotive clients [8][10]. - **Intelligent CNC Equipment**: The company has made breakthroughs in developing new products, such as CNC thread grinding machines, which are anticipated to benefit from the growing demand for humanoid robots [8][9]. Market Context - The PCB industry is experiencing a structural opportunity driven by the application of AI technologies and the recovery of consumer electronics, with the global PCB market expected to reach 73.6 billion USD in 2024, growing at a rate of 5.8% [41][49]. - The Chinese PCB market is projected to grow to 41.2 billion USD in 2024, accounting for 56% of the global market, with a CAGR of 3.8% from 2024 to 2029 [46][49].

证券代码：301377 证券简称：鼎泰高科 公告编号：2025-031 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。 一、担保情况概述 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（以下简称"鼎泰鑫"）、东莞市鼎泰华南采 购服务有限公司、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） ...