“激光茅”有多猛？毛利率80%，净利率50%，现金52亿，市占率近7成！

Group 1 - The core viewpoint of the article highlights the competitive landscape of the laser cutting equipment market in China, emphasizing the low market share of leading companies and the intense competition within the industry [4] - In 2024, the market share of top companies in the domestic laser cutting equipment market is only about 10%, indicating a fragmented market with significant competition [4] - The upstream laser cutting control systems exhibit a clear competitive structure, characterized by high technical barriers and a leading market concentration, with established advantages for top companies [7]