Core Viewpoint - The company is increasing its investment in industrial projects, expanding its overseas market influence, and focusing on the development of high-end machine tools as part of its strategic adjustments announced during the annual shareholder meeting on May 15, 2024 [1]. Group 1: Investment and Funding Adjustments - The company plans to change the "R&D Center Technology Upgrade Project" to the "High-end CNC Grinding Machine R&D Center Construction Project," utilizing 54.9997 million yuan of the raised funds, which accounts for 17.21% of the total funds raised from the IPO [2]. - The total investment scale for the "High-end CNC Grinding Machine R&D Center Construction Project" is 132 million yuan, with the shortfall to be covered by the company's own or self-raised funds [2]. - The adjustment aims to establish an internationally leading R&D platform for CNC grinding machines, promoting independent innovation in high-end CNC grinding technology [2]. Group 2: Business Development and Market Position - The company is experiencing balanced development across its business segments, with an increase in orders from high-end manufacturing sectors such as automotive parts, aerospace, precision machining, semiconductors, and new materials [3]. - The domestic CNC machine tool export volume has been increasing, and the pace of domestic substitution is accelerating, indicating strong growth potential for mid-to-high-end machine tools like CNC grinding and pulling machines [3]. - The company aims to leverage its technological accumulation to focus on the R&D of high-end CNC grinding machine series, addressing high-end technical challenges in the CNC machine tool industry [3].
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