华东数控（002248）公告，2024年营业收入3.34亿元，同比增长19.66%。归属于上市公司股东的净利润 850.36万元，同比增长152.35%。基本每股收益0.03元/股。公司计划不派发现金红利，不送红股，不以 公积金转增股本。 ...

机床，又称工业母机，是"制器之器"。4月21日至26日，第十九届中国国际机床展览会（CIMT2025）在北京如火如荼举行。来自全球31个国家和地区的近 2450家展商云集，共赴一场行业顶级盛会。 "今后十年，正是智能数控机床这一新一代智能制造典型装备的发展关键期。"中国工程院院士、国家制造强国建设战略咨询委员会主任周济表示，借助人工 智能技术推动新型工业化进程，已成为制造业创新发展的核心技术路径，新一代智能制造则是这一路径上的关键环节。 国产机床创新活跃 技术水平普遍提高 人头攒动的展会现场，大批中国本土企业也纷纷亮出"看家本领"，创新表现大放异彩。 作为全球机床行业的重要"风向标"，本届展会规模创历届之最，也是近10年来全球最大的机床展。规模升级背后，充分体现出中国旺盛的市场需求和机床行 业企业更加活跃的创新力量。 智能化浪潮涌动 机床变得更"聪明" 机床产业是制造业的基石。本届机床展以"融合创新 数智未来"为主题，意在促进信息化技术与制造技术的深度融合，探索未来数字化和智能化制造之路。 随着人工智能、物联网等前沿技术加速融合，传统机床变得更加"聪明"。 走进展馆，数字化、智能化浪潮扑面而来。全球首台集成A ...

创世纪 2025042320250416 摘要 创世纪是消费电子领域机床行业的绝对龙头企业。公司的产品在消费电子领域 的应用占比超过 50%，历史上平均占比接近 80%。此外，公司在通用、汽车、 自动化等领域也有显著市场份额。未来，创世纪将继续提升在消费电子领域的 市场份额，并扩展到其他领域，同时拓展海外市场，具有很大的成长空间。 创世纪过去几年的发展战略和现状如何？ 过去几年，创世纪进行了内部控制和经营发展的调整。目前，公司已经明确了 高质量发展的战略目标。创世纪从传统业务转型为专注于机床业务，并重新出 发。尽管经历了五六十亿传统产业的亏损以及三五年的时间耽误和伤害，公司 已经度过了最黑暗的发展阶段，并回到了擅长且热爱的机床板块。从 2024 年 开始，公司正式进入高质量发展阶段，重视上市公司、投资者及合作伙伴的交 • 2025 年，公司将聚焦高端机床和海外业务，通过股权激励计划巩固控股 权，加强核心主业市场占有率，拓展新能源及新兴市场赛道，并积极推进 投资与并购业务。 • 公司在 3C 领域通过聚焦苹果生态系统取得领先地位，并扩展至其他品牌 及新兴消费应用品，同时在新能源汽车、人形机器人等领域获得新机会， ...

Company News - China Mobile reported Q1 operating revenue of 263.8 billion yuan, a year-on-year increase of 0.02%, and a net profit of 30.6 billion yuan, up 3.45% year-on-year [4] - ZTE Corporation achieved Q1 revenue of 32.968 billion yuan, a year-on-year increase of 7.82%, while net profit decreased by 10.5% to 2.453 billion yuan [5] - Tsunami Machine Tool China announced a profit warning, expecting annual net profit attributable to shareholders to be approximately 782 million yuan, a year-on-year increase of about 60% [6] - Zhejiang Shibao reported Q1 revenue of 718 million yuan, a year-on-year increase of 45.47%, and net profit of 48.735 million yuan, up 123.77% year-on-year [6] - Chongqing Steel reported Q1 revenue of 6.614 billion yuan, a year-on-year decrease of 14.51%, with a net loss of 117 million yuan, narrowing by 64.82% year-on-year [6] - Pop Mart's overall revenue in Q1 grew by 165%-170% year-on-year, with China revenue increasing by 95%-100% and overseas revenue rising by 475%-480% [6] - Datang Power completed approximately 60.3232 billion kWh of electricity generation in Q1, a year-on-year increase of about 0.76% [7] - Weilang Delicious plans to invest approximately 1 billion yuan in a new snack food production base in Nanning [8] Industry Insights - Huatai Securities remains optimistic about the relative performance of Hong Kong stocks, citing low market capitalization of export chains and midstream manufacturing companies sensitive to tariffs, along with continued support from technology company earnings [2] - Galaxy Securities notes that the impact of tariffs on the economy will depend on the outcomes of tariff negotiations and implementation, while China's macro policies are expected to strengthen counter-cyclical adjustments to mitigate external shocks [2] - The International Monetary Fund has downgraded the global economic growth forecast for 2025 from 3.3% to 2.8%, with a projected growth of 3% for 2026, attributing this to the impact of U.S. tariff measures and policy uncertainties [3] - The Ministry of Industry and Information Technology is soliciting opinions on the "Cloud Computing Comprehensive Standardization System Construction Guide (2025 Edition)", aiming to establish over 30 national and industry standards by 2027 to enhance the cloud computing industry's standard system [3] - The Ministry of Industry and Information Technology and the National Standardization Administration have issued guidelines for the construction of a national intelligent manufacturing standard system, targeting the formulation of over 100 national and industry standards by 2026 [3]

在捷克展区，智能制造技术的展示引起了广泛关注。先进的五轴联动数控机床、大型工件的多功能加工 技术、自动换刀系统等创新解决方案，吸引了大量专业观众的驻足。中国机床工具工业协会副会长王黎 明表示："捷克在精密制造方面具有深厚积淀，其模块化设计理念与中国机床行业的补链需求具有天然 优势。通过此次展会，双方企业可在协同创新方面展开更深入的合作。"据了解，展会首日即有捷克企 业与中方企业达成了技术合作协议，涉及领域包括高端数控系统的联合研发和智能工厂整体解决方案 等。经贸合作催生创新动力（300152）迈向深度协同 作为中国机床行业对外开放的重要平台，第十九届中国国际机床展览会不仅创下了北京展会的最大规 模，也成为国际产能合作的超级枢纽。捷克展团的亮相标志着中捷两国在装备制造领域的合作模式，从 传统的设备贸易逐步向技术标准共研、产业链协同的深度合作转变。 中国已经连续五年成为捷克在亚洲最大贸易伙伴。在此次展会期间，中捷双方将举办多场产业对接会， 重点探讨新能源汽车零部件加工、航空航天精密制造等战略性领域的合作。正如弗雷利赫副部长所 言："捷克精密工艺与中国市场的规模相结合，必将激发智能制造的新生产力。" 随着展会持续至 ...

对于人形机器人供应链，钟成堡表示，"人形机器人也绝对是会重度使用到机床的一个领域，但这是一 个新兴的市场，我们已经在对接了。" 中国机械工业联合会总工程师李燕霞表示，我国是工业母机最大的生产和消费国，连续多年依靠全球机 床生产和消费，驱动着工业母机的需求增长，我国工业母机的终端领域国产化率显著提高，高端技术努 力加速攻关，精密超精密加工等关键技术得以突破。 "中国工业母机行业已从大而不强向专精特新转型，终端市场竞争力显著增强，但高端领域还仍面临着 技术、品牌、生态等多重挑战。未来需持续加大研发投入，完善产业链配套，在高端化、专精化、自主 化、全球化趋势上发展，方能在全球高端机床市场占据更重要的地位。"李燕霞表示，此次合作推动了 中国高端数控机床装备市场自主化的进程。 新京报贝壳财经讯（记者陈维城）格力电器（000651）加码新能源汽车上游供应链市场。4月21日，在 第十九届中国国际机床展览会上，珠海格力电器股份有限公司总工程师钟成堡介绍，格力电器此前2000 亿元的营收中，有500亿元是B端的工业类产品，智能装备是非常稳健的市场，国内同行路线区别不会 太大，最后比拼的还是产品力。 近年来，新能源汽车赛道跑出了 ...

Core Insights - In the first quarter, private enterprises achieved a record high in the import and export of high-tech products, nearing 1 trillion yuan, maintaining their position as the largest import and export entities [1] Group 1: Export Performance - The export of industrial robots increased by 67.4% [1] - The export of high-end machine tools grew by 16.4% [1] Group 2: Import Performance - The import of high-end equipment rose by 25.6% [1] - The import of surgical robots surged by 47.5% [1]

Group 1 - The manufacturing industry is undergoing a profound transformation due to the rise of AI, impacting not only blue-collar jobs but also complex cognitive labor [1][6][18] - The humanoid robot industry is experiencing explosive growth, with over 200,000 related companies and 190,000 registered in 2024, primarily concentrated in manufacturing hubs like Shenzhen and Guangzhou [1][6][8] - There is a caution regarding the overestimation of short-term gains and underestimation of long-term development in the industry, as growth is often exponential rather than linear [1][6][8] Group 2 - The automotive industry is undergoing an intelligent transformation, with companies like BYD integrating AI into their vehicles, enhancing user experience through software upgrades [3][11][17] - AI is expected to deepen its integration with industrial applications by 2025, providing more efficient and stable solutions for B-end customers [3][4] - The development of AI in manufacturing is anticipated to lead to increased automation, predictive maintenance, and fault diagnosis capabilities [4][18] Group 3 - The humanoid robot market is expected to see differentiation among companies, with some focusing on core components while others pursue integration [3][13][19] - AI's application in manufacturing is likely to revolutionize production processes, particularly in low-end manufacturing, while high-end products may see limited contributions from AI [14][15] - The need for comprehensive solutions in manufacturing is highlighted, as companies aim to provide integrated systems rather than standalone machines [21][22] Group 4 - The automotive sector is shifting towards becoming "mobile intelligent terminals," with significant advancements in smart driving and user interaction [12][17] - The integration of AI in manufacturing processes is expected to enhance efficiency and stability, with companies like Beijing Jingdiao leveraging AI for automated programming [16][20] - The future of humanoid robots is seen as a large industry, with a focus on creating an ecosystem that includes core components and integrated solutions [19][20]

Group 1 - The overall market continues to shrink, with total trading volume down 8.26% to 1.1543 trillion, marking a new low since the Spring Festival [1] - Micro-cap stocks rebounded over 2%, but the market remains chaotic with 74 stocks hitting the daily limit up and nearly 3,500 stocks rising overall [1] - The robotics sector showed strong recovery, particularly in machine tools, while marine economy stocks, especially in the cable sector, performed relatively well [1][3] Group 2 - Morgan Stanley upgraded the rating of the Chinese stock market to "neutral," predicting an 8% increase in the market this year, with the Hang Seng Index expected to reach 25,000 points [4] - The recovery in corporate return on equity (ROE) and valuation is driven by enhanced corporate self-discipline, improved shareholder returns, and a shift towards higher-quality, less macro-sensitive industries [4] Group 3 - Recent market declines are attributed to performance pressure in March-April, multiple stocks facing direct ST (special treatment), and concerns over capital expenditures from Tencent and telecom operators [5] - The upcoming April 2 tariff implementation and the acceleration of company earnings reports by the end of April are critical upcoming events that may impact market sentiment [5] Group 4 - The chemical sector continues to strengthen with price increases, and stocks like Zhongyida and Jiangtian Chemical have shown significant gains [3] - The robotics sector has potential catalysts and layout opportunities, with stocks like Nanfang Precision and Linzhou Heavy Machinery reaching new highs [2][3]

Core Viewpoint - Japanese automotive companies, including Toyota, are experiencing a decline in operating profits for the October to December 2024 period, marking a shift from profit growth to a decline, which has occurred five times in the past decade [1] Group 1: Industry Performance - The Japan Machine Tool Builders' Association reported that the total value of machine tool orders in February was 118.2 billion yen, a 4% increase year-on-year, marking five consecutive months of growth [1] - Overseas orders accounted for 70% of the total, amounting to 84.4 billion yen, with a 3% increase. Orders from Asia reached 41.1 billion yen, a 13% increase, maintaining growth for 11 consecutive months [1] - In Asia, China contributed 26.6 billion yen with a 17% increase, while India accounted for 5.3 billion yen, growing by 4% [1] Group 2: Regional Insights - North American orders slightly increased to 25.7 billion yen, driven by significant orders in the aerospace and shipbuilding sectors [2] - European orders fell by 10% to 15.4 billion yen, with Germany and Italy experiencing over a year of continuous decline [2] - Domestic orders in Japan grew by 4% to 33.7 billion yen, marking four consecutive months of growth, with notable increases in aerospace, shipbuilding, and transport machinery [2] Group 3: Future Outlook - The Japan Machine Tool Builders' Association conducted a survey regarding order expectations for April to June, revealing an index of -4.1, an improvement from -8.2 in the previous quarter [2] - The association's president expressed optimism for increased investments in the automotive and semiconductor sectors in the second half of the year [2]