Yuhuan CNC Machine Tool (SZ:002903) Xin Lang Cai Jing·2025-09-22 01:18Core Viewpoint - Yuhuan CNC Machine Tool Co., Ltd. is focusing on high-end grinding machine development and expanding its market presence in various sectors, including aerospace and consumer electronics, while enhancing its profitability through technological innovation and improved management practices [2][3][4]. Group 1: High-End Grinding Machine Development - The company has developed high-precision grinding machines, including flat grinding machines and composite vertical grinding machines, which are gaining brand influence in high-end equipment sectors such as aerospace and mechanical processing [2]. - Future plans include the establishment of a "High-End CNC Grinding Machine R&D Center" to enhance research and production capabilities, creating new business growth points [2]. Group 2: Robotics and Consumer Electronics Business - The dual-end surface grinding machine is utilized for processing components like gears and bearings in robotics, while the lathe series is used for planetary gearbox components [3]. - In the consumer electronics sector, the company achieved revenue of 124.92 million yuan in the first half of 2025, representing a year-on-year growth of 33.35%, accounting for 55.79% of total revenue [3]. - The grinding and polishing machines are used for the appearance parts of 3C products, serving Apple’s supply chain since the iPhone 4, including services for the iPhone 17 series [3]. Group 3: Profitability Changes and Strategies - In the first half of 2025, the company's total profit reached 13.35 million yuan, a year-on-year increase of 196.90%, while net profit was 8.94 million yuan, up 39.70% [4]. - The attributable net profit was 2.65 million yuan, which saw a decline due to income tax and minority shareholder losses [4]. - The gross margin for main products was 34.11%, showing recovery compared to 2024 and the first quarter of 2025 [4]. - The company plans to strengthen technological research and internal control management to enhance profitability [4]. Group 4: Business Layout and Shareholder Information - In the first half of 2025, the company is deepening its focus on consumer electronics and automotive parts while accelerating its layout in high-end manufacturing sectors like aerospace [5]. - The revenue for the first half of the year was 223.93 million yuan, reflecting a year-on-year growth of 11.74% [5]. - As of September 10, 2025, the total number of shareholders was 21,481, with detailed shareholder information to be disclosed in regular reports [5].