Core Points - The company Keg Precision Machinery (301338) announced that its general manager, Deng Di, is under investigation for suspected dangerous driving, but he is currently allowed to perform his duties normally [1] - Keg Precision Machinery expressed sincere apologies to investors for any negative impact caused by this incident, while stating that its production and operations are proceeding normally [1] Company Overview - Keg Precision Machinery was established in 2005 and specializes in the research, production, sales, and provision of process solutions for high-end precision automation equipment [4] - The company’s products mainly cover Surface Mount Technology (SMT) and System-in-Package (SIP), including solder paste printing equipment, dispensing equipment, packaging equipment, and flexible automation equipment, which are widely used in various industries such as consumer electronics, network communication, high-end displays, lighting applications, new energy, aerospace, military, and semiconductors [4][5] - Keg Precision Machinery was listed on the Shenzhen Stock Exchange's Growth Enterprise Market in August 2022 [5] Financial Performance - In the first three quarters of this year, Keg Precision Machinery achieved revenue of 775 million yuan, an increase of 34.21% year-on-year [5] - The net profit attributable to the parent company was approximately 121 million yuan, representing a year-on-year increase of 175.35% [5]

Core Points - The company Dongguan Kaige Precision Machinery Co., Ltd. announced that its general manager, Deng Di, is under investigation for suspected dangerous driving, which may lead to detention or other penalties. He is currently on bail and can continue his duties [2] - The company expressed sincere apologies to investors for any negative impact this incident may cause, while stating that its production and operations remain normal [2] Company Background - Deng Di, born in 1983, has a background in electronic information technology and has held various positions within the company since 2006, including operations director and board secretary. He was appointed as general manager in October 2023, with an annual salary of 1.0503 million yuan [4] - Kaige Precision Machinery, established in 2005, specializes in high-end precision automation equipment, with products used in various industries such as consumer electronics, telecommunications, and aerospace. The company was listed on the Shenzhen Stock Exchange's Growth Enterprise Market in August 2022 [6] Financial Performance - In the first three quarters of this year, the company achieved revenue of 775 million yuan, a year-on-year increase of 34.21%. The net profit attributable to shareholders was approximately 121 million yuan, reflecting a significant year-on-year increase of 175.35% [6]

Core Viewpoint - The company, Kaige Precision Machinery, is facing challenges due to the potential legal issues involving its general manager, Deng Di, and regulatory scrutiny over improper use of IPO funds, despite reporting significant revenue and profit growth in recent quarters [2][3][4]. Group 1: Management Issues - The general manager, Deng Di, is under investigation for suspected dangerous driving, which may lead to penalties such as control or detention, although he is currently allowed to perform his duties [2] - Deng Di has been with the company since 2006 and was appointed general manager just one month prior to the announcement [2] - The company has expressed sincere apologies to investors regarding the negative impact of these events and plans to enhance legal awareness among its staff [2] Group 2: Regulatory Scrutiny - The company received a regulatory decision from the Guangdong Securities Regulatory Commission for improper use of IPO funds, leading to warning letters issued to the chairman and three other executives [3] - Specific violations included overpayment of salaries related to the "R&D and Testing Center Project" and misallocation of salaries for the "Precision Intelligent Manufacturing Equipment Production Base Construction Project," totaling approximately 32.14 million yuan [3] Group 3: Financial Performance - Kaige Precision Machinery reported a significant increase in financial performance for the first three quarters of 2025, with revenue reaching 775 million yuan, a year-on-year growth of 34.21% [4] - The net profit attributable to shareholders was 121 million yuan, reflecting a substantial year-on-year increase of 175.35% [4] - In the third quarter alone, the company achieved revenue of 321 million yuan, a 47.40% increase compared to the same period last year, and a net profit of approximately 54.11 million yuan, marking a 227.15% year-on-year growth [4]