GKG(SZ:301338) Sou Hu Cai Jing·2025-04-28 21:25Company Overview - Company Keg Precision Machinery (301338) reported a revenue of 196.56 million yuan in Q1 2025, representing a year-on-year increase of 27.23% [2][7] - The net profit attributable to shareholders was 33.21 million yuan, showing a significant year-on-year growth of 208.34% [2][7] - The net profit excluding non-recurring gains and losses was 31.46 million yuan, with a year-on-year increase of 235.72% [2][7] - The company has maintained a gross margin of 43.93% [7] Business Drivers - The growth in revenue is primarily driven by increased demand in the consumer electronics sector, particularly mobile phones, as well as growth in server demand and rising penetration rates in the new energy vehicle market [2] - The rapid growth in net profit is attributed to an increase in gross margin, driven by a higher proportion of mid-to-high-end products in revenue and an improved revenue structure from high-margin businesses [2] R&D and Innovation - The company established the 2025 Laboratory to develop algorithm models for industrial applications, focusing on self-adjusting capabilities of equipment and ensuring long-term precision and stability [3] - R&D investment as a percentage of revenue for 2023, 2024, and Q1 2025 was 10.06%, 9.12%, and 9.88% respectively [4] - As of December 31, 2024, the company held 212 patents, with 18 new invention patents and 30 utility model patents granted in 2024 [4] Product Development - The company has developed SIC wafer aging test equipment and SIC KGD chip sorting equipment, which are essential for testing the stability of third-generation semiconductor chips and ensuring product quality in various fields such as new energy vehicles and aerospace [5] Future Plans - For 2025, the company aims to enhance innovation by increasing investment in R&D, optimizing the structure of the R&D team, and launching new products targeting SIP and semiconductor packaging applications [6] - The company encourages its teams to apply for invention patents and participate in the formulation of industry standards to strengthen its market position [6]