证券代码：002006 证券简称：精工科技 浙江精工集成科技股份有限公司 投资者关系活动记录表 投资者关系活动 类别 ■特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 □现场参观 □其他 参与单位名称 东方财富、证国私募、国泰海通、神光咨询 时间 2025 年 11 月 20 日 地点 精工科技会议室 上市公司接待 人员姓名 黄伟明、金超 投资者关系活动 主要内容介绍 一、公司的历史沿革及经营情况介绍 公司始创于 1992 年，2000 年 9 月改制成股份有限公 司，2004 年 6 月在深交所上市，2024 年，公司完成再融 资发行上市工作，募集资金总额 9.43 亿元，总股本由 455,160,000 股增加至 519,793,440 股。 公司具有多年的装备制造历史，一直致力于成为国内 高端专用装备技术的引领者与产业升级的推动者。近年 来，公司以碳纤维全链高端装备及先进复合新材料为核心 业务，按照"装备引领、材料协同、应用支撑"的发展模 式，加速碳纤维全产业链一体化建设，以打造成为世界一 流的新材料及专用装备整体解决方案提供商。 二、公司碳纤维全产业链业务发展情况 公司 ...

Company Overview - Founded in 1992 and listed on the Shenzhen Stock Exchange in June 2004 [2] - Completed refinancing in 2024, raising a total of 943 million CNY, increasing total shares from 455,160,000 to 519,793,440 [2] - Achieved consolidated revenue of 1.343 billion CNY in the first three quarters of 2025, a year-on-year increase of 13.70% [2] - Net profit attributable to shareholders reached 145 million CNY, up 98.18% year-on-year, primarily driven by carbon fiber equipment sales [2] Carbon Fiber Industry Development - Initiated carbon fiber equipment manufacturing in 2013, focusing on high-end equipment and advanced composite materials [3] - First raw silk production line nearing completion, expected to significantly reduce raw silk costs [3] - Carbonization line capacity increased from 3,000 tons to 5,000 tons, with reduced energy consumption [3] - Development of automated production equipment for composite materials to enhance efficiency and reduce costs [3] Composite Material Capabilities - Established composite material companies in Shaoxing and Wuhan, with capabilities in prepreg production, material testing, product design, and manufacturing [4] - Investments in graphene-based carbon fiber and 3D printing technologies [4] - Collaborated with various companies to enhance aerospace composite material capabilities [4] Raw Silk Equipment Project Progress - Zhejiang Jinggong Carbon Material Technology Co., Ltd. serves as the testing and demonstration base for raw silk production lines [5] - Ongoing efforts to initiate trial production of high-performance fiber [5] Carbonization Line Specifications and Pricing - Carbonization lines can produce various widths (0.4m to 4m) and configurations based on customer needs [6] - Standard pricing for a 3m carbonization line ranges from 160 million to 200 million CNY, capable of producing over 3,000 tons of carbon fiber annually [6] Customer Composition and Market Strategy - Major clients include regions in China and international markets such as South Korea and Vietnam [6] - Focused on expanding both domestic and international markets to secure new orders [6] Exoskeleton Robot Development - Second-generation single-joint exoskeleton robot has completed testing and is moving towards mass production [6] - Ongoing development of multi-joint exoskeleton robots, with the first prototype currently in progress [6]

Company Overview - Founded in 1992, listed on Shenzhen Stock Exchange in June 2004, and completed refinancing in 2024, raising a total of 943 million yuan, increasing total shares from 455,160,000 to 519,793,440 [2] - Aims to be a leader in high-end specialized equipment technology and promote industrial upgrades, focusing on carbon fiber and advanced composite materials [2] Carbon Fiber Industry Development - Began carbon fiber equipment manufacturing in 2013, establishing a complete high-end equipment layout [2][3] - First raw silk production line is in the final testing phase, expected to significantly reduce raw silk costs [3] - Carbonization line capacity increased from 3,000 tons to 5,000 tons, with reduced energy consumption [3] - Development of automated production processes for composite materials to enhance efficiency and reduce costs [3] Financial Performance - For the first three quarters of 2025, total revenue reached 1.343 billion yuan, a year-on-year increase of 13.70% [4] - Net profit attributable to shareholders was 145 million yuan, a significant year-on-year growth of 98.18%, driven by increased sales of carbon fiber equipment [4] Raw Silk Equipment Project Progress - Zhejiang Precision Carbon Material Technology Co., Ltd. is the testing and demonstration base for raw silk equipment production [5] - The first raw silk production line is undergoing final adjustments, aiming for trial production soon [5] Carbon Fiber Production Line Specifications - Production lines can be customized for various widths (0.4m to 4m) and types (1K to 50K) of carbon fiber [6] - Standard configuration for a 3m wide production line is priced between 160 million to 200 million yuan, capable of producing over 3,000 tons of carbon fiber annually [6] Exoskeleton Robot Development - The second generation of single-joint exoskeleton robots has completed testing and is moving towards mass production [6] - Ongoing development of multi-joint exoskeleton assistive robots, with the first prototype currently in production [6]

Investment Rating - The report gives a "Buy" rating for the company, indicating a positive outlook for the stock price over the next six months [4]. Core Insights - The company is a leader in carbon fiber technology with a significant market share exceeding 60% in China, and it has a production capacity of over 1,000 tons annually [1]. - The carbon fiber equipment business is expected to generate revenue of 629 million yuan in the first half of 2025, accounting for 59.31% of total revenue, reflecting a year-on-year growth of 59.53% [1]. - The company is actively expanding into new applications such as exoskeleton robots and PEEK materials, which are expected to create a second growth curve [2]. - Revenue projections for 2025-2027 are estimated at 2.198 billion yuan, 2.763 billion yuan, and 3.440 billion yuan, respectively, with corresponding net profits of 293 million yuan, 393 million yuan, and 530 million yuan [2]. Summary by Sections Carbon Fiber Equipment - The company has achieved significant technological breakthroughs in carbon fiber production, with the maximum capacity of carbonization lines increased from 3,000 tons to 5,000 tons [1]. - The company is investing in high-performance fiber projects and has established composite material companies in Shaoxing and Wuhan [1]. Exoskeleton Robots and New Applications - The second generation of the company's exoskeleton robot has completed testing and is expected to enter mass production [2]. - The company is exploring new application scenarios for carbon fiber combined with PEEK materials, focusing on high-value cross-industry integration [2]. Financial Projections - The company anticipates a revenue growth rate of 27.14% in 2025, followed by 25.72% in 2026 and 24.51% in 2027 [3]. - The projected net profit growth rates are 99.20% for 2025, 34.18% for 2026, and 34.86% for 2027 [3].

Group 1: Company Overview - Jinggong Technology has over 50 years of equipment manufacturing history, aiming to be a leader in high-end specialized equipment technology and promote industrial upgrades [1] - The company focuses on carbon fiber full-chain high-end equipment and advanced composite materials, driving innovation in various industries including aerospace and green low-carbon circular economy [1] Group 2: Carbon Fiber Equipment Development - The carbon fiber equipment manufacturing business began in 2013, with the first domestic 1,000-ton carbon fiber production line developed in 2015 [2] - The first domestically produced 1,000-ton carbon fiber production line was successfully tested and delivered in 2020 [2] - The company is building an integrated business system for the carbon fiber industry chain, ensuring its leading position in the industry [2] Group 3: Original Silk Equipment Progress - To reduce reliance on imports, the company is actively developing original silk equipment, with a production line project scheduled for trial operation in Q3 2025 [2] Group 4: Order Status - The company has a sufficient backlog of orders, with carbon fiber equipment orders being the majority, alongside original silk and composite equipment orders [2] - The sales department is actively tracking domestic and international markets to secure new orders [2] Group 5: Carbon Fiber Industry Outlook - The carbon fiber industry is a strategic national industry with broad downstream demand in sectors like aerospace, wind energy, and automotive [2] - The company aims to reduce operational costs for clients while improving product quality and lowering carbon fiber prices [2] Group 6: Employee Stock Ownership Plan - In 2024, the company launched its first employee stock ownership plan, targeting a compound annual growth rate of 25% in net profit from 2024 to 2026 [3] - Specific profit targets include a minimum of 184 million yuan in 2024 and a cumulative 713 million yuan by the end of 2026 [3] Group 7: International Orders and Projects - The company is actively advancing the contract with Saudi GIM Company and will disclose updates as required [3] - The second generation of exoskeleton robots has completed testing, with plans for mass production and further development of multi-joint robots [3]

Company Overview - Zhejiang Jinggong Integrated Technology Co., Ltd. has over 50 years of equipment manufacturing history, focusing on becoming a leader in high-end specialized equipment technology and promoting industrial upgrades [2] - The company’s core business includes carbon fiber full-chain high-end equipment and advanced composite new materials, following a development model of "equipment leading, material collaboration, application support" [2] Carbon Fiber Equipment Development - The carbon fiber equipment manufacturing business began in 2013, with the first domestic thousand-ton-level production line developed in 2015 [2] - The first successful trial run of a domestically produced thousand-ton-level carbon fiber production line occurred in 2020, establishing a comprehensive industrial layout [2] Advantages of Carbon Fiber - Carbon fiber is a high-performance composite material that is lighter and stronger than traditional materials (e.g., steel, aluminum) [2] - It has excellent corrosion resistance, high-temperature resistance, electrical conductivity, thermal conductivity, fatigue resistance, and tensile strength, making it suitable for various applications including aerospace, automotive, and wind energy [2] Future Industry Outlook - The carbon fiber industry is a strategic national industry with significant downstream demand, particularly for T700 and above grade carbon fibers [4] - Domestic production of small-bundle carbon fibers is insufficient to meet market demand, leading to high prices [4] - The company aims to accelerate its full industry chain layout and focus on technological innovation to reduce operational costs and carbon fiber prices [4] Recent Contracts and Projects - The company has secured contracts for various carbon fiber projects, including a 4,000-ton thermal field material project and an 8,000-ton large bundle carbon fiber project [6] - Contracts have been signed for core equipment for carbon fiber production lines, with ongoing project execution [6] Acquisition and Production Line Progress - The acquisition of Zhejiang Jinggong Carbon Material Technology Co., Ltd. aims to utilize its site advantages for carbon fiber industry development [7] - The original silk production line project is progressing as planned, with a trial production expected in Q3 2025 [7] Carbon Fiber Equipment Business Areas - The company provides turnkey projects, upgrade services, and customized products for carbon fiber production lines [9] - The production lines can be tailored to meet various specifications and performance requirements [10] Investment and Equipment Proportions - The investment for achieving a production capacity of 10,000 tons of carbon fiber is approximately 1.3 to 1.5 billion CNY, with 80% allocated to original silk and carbon fiber equipment [11] Polyester Recycling Production Line - A project for producing 50,000 tons of recycled PET is underway, with core equipment installation completed and entering the commissioning phase [12] International Business Growth - The company is expanding its overseas business, focusing on carbon fiber equipment and smart construction machinery, with a strategy to enhance international market presence [13] Talent Development - The company is implementing a talent development strategy, planning to recruit 168 new talents, including 10 PhDs and 47 Masters, to support its growth [14]