医药讨论完，再说说机器人板块。人形机器人这两天存在感较强，只是昨天光芒被大基建遮盖。大基建走到现在，有几个关键点。人形机器人一 开始出来时，我讲过其核心点，若过了这个点，基本就挡不住了。昨天收盘是第一天站在这个高点上面。走势有两种极端情况，一是直接上去， 二是回拉小中枢，这都是正常的。如果回拉形成小三脉就走弱了，若震荡则是在走强过程中。我在编制算法时会计算每天一类、二类热点，虽不 由我决定，但能看出强度变化。我感觉医药和机器人的热度都还可以，算力板块确实下去了。现在看机器人板块，难点在于板块有800多个股票， 人形机器人不到200个，怎么在里面选出真正强的股票。我跟高级班同学聊过，不能说完没有试错风险，但可以思考如果来风险，什么东西不抗 揍、比较弱，先避开，同时也要想什么东西比较扛打。选强不代表追涨，强意味着抗风险能力更强，就算最后顶不住，刚开始也能有比较充分的 逃跑时间，而弱的东西可能还没等风险来就掉下去了。在一个新板块，比如机器人，对"强"的理解要仔细思考，可以从基本面和走势维度体现， 我考虑走势维度的权重更高一些，这种选法见效更快，纯考虑基本面可能几个月都体现不出来。现在看机器人板块，强度在往上走，要关 ...

智通财经APP获悉，7月22日，广东钶锐锶数控技术股份有限公司(简称：钶锐锶)申请上交所科创板上市审核状态变更为"已问 询"，国泰海通证券为其保荐机构，拟募资7.19亿元。 招股书显示，钶锐锶是国内全直驱数控机床的领先者，也是国内少有的同时拥有PWM型数控系统和总线型数控系统、且两种数 控系统均已形成规模销售的企业。 全直驱数控机床是一种新型数控机床，所有直线轴和旋转轴均采用直驱技术，没有中间传动件，可实现更快速度、更高精度。 随着先进制造对高精度、高效率加工需求的增加，全直驱数控机床已成为世界机床行业高端数控机床领域的主流力量之一。 钶锐锶全直驱数控机床全部采用自研PWM型数控系统，可解决高端机床"卡脖子"难题。报告期内，发行人数控机床近90%应用 于精密模具、航空航天和消费电子三大领域，对日本牧野、日本安田、日本发那科、日本碌碌、瑞士GF、德国罗德斯、德国艾 克索、德日合资德马吉森精机等国外品牌数控机床进行了替代。 钶锐锶数控系统产品截至目前已累计销售及使用超20,000套，应用于精密铣床、精密磨床、五轴联动机床、三维五轴激光、力控 打磨设备、类自动化设备等领域，对德国西门子、德国海德汉、日本发那科、日本 ...

Core Viewpoint - The article highlights the achievements and innovations of Baoji Saiwei Heavy Machine Tool Manufacturing Co., led by Yao Wenzhong, in the high-end CNC machine tool sector, emphasizing the company's role in advancing China's manufacturing capabilities and addressing key technological challenges in the industry [9][12][18]. Company Achievements - Baoji Saiwei has grown from a small startup to a modern machine tool manufacturer occupying over 70,000 square meters, capable of designing and producing various high-end equipment used in sectors like aerospace and automotive [15][18]. - The company has secured 59 national invention and utility model patents and has received numerous accolades, including being recognized as a national key specialized and innovative "little giant" enterprise [13][14]. Technological Innovations - Yao Wenzhong's leadership has led to significant breakthroughs, such as the five-axis five-linkage CNC fiber winding forming system, which fills a gap in China's high-quality fiber winding equipment for large workpieces and meets international standards [16][17]. - The development of high-speed, high-precision CNC floor boring and milling machines has addressed specific domestic processing needs, enhancing the competitiveness of the machine tool industry [17]. Market Positioning and Strategy - The company is focusing on the carbon fiber and composite materials industry, developing differentiated products like large freedom winding machines and specialized non-standard machine tools for aerospace and composite processing [22]. - The establishment of the "Bao-Han-Tian" industrial mother machine cluster is expected to provide new growth opportunities for the machine tool sector, prompting the company to adjust its development direction accordingly [22]. Future Outlook - The company aims to continue its focus on high-end CNC non-standard specialized machine tools, striving to reach the highest technological levels of similar foreign machines while addressing critical technological bottlenecks [22].

招股书显示，冈田智能主营业务为数控机床核心功能部件的研发、生产与销售，主要产品包括刀库、主轴、转台，产品主要应用于 金属切削类数控机床。经过多年的经营积累，公司目前已成为国内规模最大的刀库厂商，在行业内拥有广泛的知名度和良好的品牌 形象。 凭借突出的产品研发能力、可靠的产品质量和优质的服务，冈田智能获得了行业内客户的广泛认可，主要客户覆盖纽威数控 (688697.SH)、海天精工(601882.SH)、乔锋智能(301603.SZ)、国盛智科(688558.SH)、德扬智能装备(苏州)股份有限公司、韩国现代威 亚株式会社等境内外知名数控机床厂商。报告期内，依托在刀库产品方面积累的良好客户资源和口碑，公司主轴和转台产品销售收 入稳步增长。 根据测算，2024年我国数控机床功能部件的市场规模约为210.82亿元至332.21亿元，公司2024年度在国内数控机床功能部件行业市场 占有率约为2.78%-4.38%。同时，根据同行业主要企业公开数据，公司在国内数控机床功能部件行业市场规模仅次于昊志机电，为行 业领先企业。 本次发行股票募集资金扣除发行费用后，拟按照轻重缓急投资于以下项目： 智通财经APP获悉，7月13日 ...

Company Overview - Okada Intelligent (Jiangsu) Co., Ltd. has submitted a prospectus for an initial public offering (IPO) on the Shenzhen Stock Exchange, with Huatai United Securities as the sponsor [1] - The company focuses on the research, production, and sales of core functional components for CNC machine tools, including tool magazines, spindles, and rotary tables, primarily used in metal cutting CNC machine tools [2] Market Position - The market size for CNC machine tool functional components in China is projected to be between 21.08 billion and 33.22 billion yuan in 2024, with Okada Intelligent estimated to hold a market share of approximately 2.78% to 4.38%, ranking just behind Haozhi Electromechanical [2] - Okada Intelligent has become the largest tool magazine manufacturer in China since its establishment in 2013, with its disc and chain tool magazines leading the domestic market share among similar products [8] Financial Performance - Revenue for Okada Intelligent during the reporting period was approximately 767 million yuan, 773 million yuan, and 932 million yuan for 2022, 2023, and 2024 respectively, with a significant increase in 2024 driven by industrial policies [6] - Gross profit margins for the same periods were 30.72%, 31.41%, and 32.70%, while net profits were 119 million yuan, 132 million yuan, and 169 million yuan respectively [6] Product Breakdown - The revenue breakdown for 2024 shows that tool magazines account for 80.96%, spindles for 10.79%, and rotary tables for 7.50% of total revenue [3] - The sales of tool magazines have consistently represented over 80% of the company's revenue, indicating a strong reliance on this product line [2][3] Growth Drivers - The company expects significant growth in 2024 due to favorable national policies supporting the CNC machine tool industry and increased market expansion efforts, particularly with clients like Hyundai Wia and Qiaofeng Intelligent [4] - The improvement in the product structure of tool magazines, particularly the higher-priced chain tool magazines, has contributed to increased sales revenue and market share [4] Fundraising and Investment Plans - The IPO aims to raise approximately 985 million yuan, which will be allocated to expanding production lines for tool magazines, spindles, and rotary tables, as well as enhancing R&D and marketing networks [10][11] - Specific projects include the expansion of the CNC machine tool tool magazine production line and the upgrade of enterprise R&D and information systems [11]

Core Viewpoint - The article highlights the transformation of Shenyang Machine Tool Co., Ltd. as a symbol of the broader evolution within China's machine tool industry, moving from a state of being "large but not strong" to achieving self-sufficiency in high-end manufacturing [2][3]. Group 1: Company Transformation - Shenyang Machine Tool, established from the merger of three major machine tool factories, has provided over 1 million machine tools globally, accounting for one in every twelve machine tools produced in China [3]. - The company faced severe financial difficulties starting in 2013, leading to bankruptcy restructuring in 2019, which was supported by significant investment from China General Technology Group [3]. - Post-restructuring, Shenyang Machine Tool has focused on innovation in smart manufacturing, green manufacturing, high-end manufacturing, and efficiency transformation [3][4]. Group 2: Product Development - The high-precision gantry machining center, developed by a young team within 18 months, showcases advancements in technology, achieving domestic leadership and international standards in precision and structure [4]. - Shenyang Machine Tool has received numerous accolades, including over 20 first sets of products approved by Liaoning Province and multiple technology progress awards, reflecting its commitment to innovation [5]. - The company has supplied 165 high-end machine tools to key national sectors, with contracts in strategic emerging industries making up 30% of its business [5]. Group 3: Industry Trends - The machine tool industry is expected to see several technological trends in the next 2-3 years, including breakthroughs in processing precision and enhanced capabilities for complex structural parts [6]. - Innovations in special processing technologies for hard materials and the integration of smart manufacturing technologies are anticipated to drive the industry's evolution [6]. - The integration of information technology with machine tool technology is becoming increasingly important, positioning high-end CNC machine tools as key carriers for new technology applications [6]. Group 4: Future Directions - Shenyang Machine Tool aims to focus on core business development, enhance specialization, and leverage resources to overcome high-end CNC machine tool challenges [7]. - The company emphasizes the dual drive of technological advancement and quality service to meet national strategies and market demands [7]. - Collaborative innovation and open cooperation are seen as essential for achieving the goal of becoming a world-class high-end machine tool equipment enterprise [7].

Core Viewpoint - Jinan has introduced special policy measures to strengthen talent development in four specific areas: digital economy, youth technology, senior talent, and seed industry [1] Group 1: Youth Technology Talent - Jinan has developed measures to attract, cultivate, retain, and utilize youth technology talent, consisting of five parts and fifteen specific actions to address key issues in their growth and development [3] - The city will focus on 13 emblematic industrial chains and 34 key industrial chains to support youth entrepreneurship, providing one-time funding of 500,000 yuan (approximately 70,000 USD) to around 10 outstanding young entrepreneurs annually [4] - Jinan plans to host at least 100 high-quality promotion and roadshow events for youth technology talent over the next three years, using a "fund + project + talent" model to facilitate connections with capital, industry, and market [4] Group 2: Research and Innovation Support - The city will ensure that at least 60% of key municipal research projects are led by youth talent, creating a closed-loop training model that emphasizes responsibility, support, and results [5] - Jinan aims to organize no less than 50 "challenge and lead" activities for youth technology innovation within three years, allowing talented youth to take the lead on significant tasks to expedite the transformation of innovative results into productive forces [4][5] - The city will regularly hold youth technology talent salons, innovation forums, and cross-industry exchange meetings to build a growth ecosystem for youth technology talent [6]

| | □特定对象调研□分析师会议 | | --- | --- | | 投资者关系 | □媒体采访□业绩说明会 | | | □新闻发布会□路演活动 | | 活动类别 | □现场参观☑电话会议 | | | □其他 | | | 1. 汤中建 火眼主理人、成都正福研究院 | | | 2. 陈育 成都龙凤飞私募 | | | 3. 吕华 富恩德基金 | | | 4. 胡竣凯 约牛证券投资顾问 | | | 5. 向惠 中金万象投资总经理 | | | 6. 魏锋 璟诚基金 | | | 7. 谢刚 成都希尔私募 | | | 8. 李佩柯 韬观投资 | | | 9. 郑淼 中睿合银 | | 参与单位名称 | 10. 孙春龙 誉合天成投资 | | 及人员姓名 | 11. 方敏 | | | 12. 王继川 火眼投资经理 | | | 13. 吴昊 元绪律师事务所 | | | 14. 蒋红练 火眼投资经理 | | | 15. 文晓东 | | | 16. 王健桢 | | | 17. 雪梅 | | | 18. 余峰 成都希尔私募基金 | | | 19. 孟亚琼 | | | 20. 焕茹 | | 时间 | 2025 年 5 月 30 日 | ...

Core Viewpoint - Shanghai Topper CNC Technology Co., Ltd. has submitted its IPO application to the Hong Kong Stock Exchange, marking its third attempt after two unsuccessful attempts at the Sci-Tech Innovation Board [1][6][7] Group 1: Company Overview - Founded in May 2007 by Wang Yuhan, Li Yuhao, and other shareholders, the company specializes in high-end intelligent manufacturing equipment [3] - The company achieved profitability in 2024, with a revenue compound annual growth rate (CAGR) of 97.9% over the past two years [1][4] Group 2: Market Position - In 2024, Topper CNC ranked first in the Chinese aerospace five-axis CNC machine tool market with a market share of 11.6% [3] - The company is ranked fifth among all suppliers in the Chinese five-axis CNC machine tool market, and third among domestic suppliers, with a market share of 4.3% [3] Group 3: Financial Performance - Revenue for the years 2022 to 2024 was 136 million, 335 million, and 532 million yuan, respectively, with a CAGR of 97.9% [4] - Net profit for the same period was -197 million, -62 million, and 6.886 million yuan, achieving profitability in 2024 [4] Group 4: Product Offerings - The product portfolio includes aerospace intelligent manufacturing equipment, compact general-purpose five-axis machine tools, and large carbon fiber composite five-axis machine tools [3] - The company sold the world's first five-axis machine tool that fully utilizes carbon fiber composite materials in all moving parts [3] Group 5: IPO and Funding - The IPO proceeds will be used for research and development, expanding sales and marketing networks, potential acquisitions and investments, and repaying part of the interest-bearing bank loans [9] - Prior to the IPO, Wang Yuhan directly held 36.82% of the shares and controlled an additional 1.93% through an employee stock ownership platform, totaling 38.74% [10]

Core Viewpoint - The company is actively pursuing a major asset restructuring approved by the China Securities Regulatory Commission, which is expected to enhance its product matrix and market competitiveness [2][5]. Company Developments - The company’s stock price decreased by 1.42% to 6.96 yuan as of May 30, 2025, with a total market capitalization of 14.371 billion yuan, ranking 11th in the general equipment sector [1]. - The company is progressing with legal procedures related to the asset restructuring, including business changes and asset delivery, while also working on fundraising [2]. - The company plans to restore classic products and develop flagship products, aiming to provide comprehensive solutions and expand market opportunities [2]. Industry Insights - The machine tool industry is experiencing significant growth opportunities driven by policy support, upgraded market demand, and technological innovation, particularly in key sectors like new energy vehicles and aerospace [3]. - The company has established a diverse product range, including horizontal and vertical lathes and machining centers, to cater to various industries such as automotive and consumer electronics [4]. Strategic Goals - The company aims to enhance its operational efficiency and product quality by focusing on high-end CNC machine tools and optimizing its product matrix [2][4]. - The company is committed to deepening its market presence and improving service capabilities for major downstream sectors, including aerospace and engineering machinery [2][4]. Shareholder Meeting Summary - The company held its 2024 annual shareholder meeting on May 28, 2025, with 411 attendees representing 937,121,360 shares, accounting for 45.39% of the total voting shares [5][7]. - Eight resolutions were passed at the meeting, including the annual reports and proposals for financing and related party transactions, all receiving high approval rates [6][7].