Core Viewpoint - The company has developed a stock incentive plan to enhance governance structure and motivate core talents for sustainable development and achievement of business goals [1][2]. Group 1: Assessment Objectives and Principles - The assessment aims to improve corporate governance and establish an incentive mechanism to ensure the successful implementation of the stock incentive plan [1]. - The evaluation will adhere to principles of fairness, transparency, and objectivity, linking the stock incentive plan closely with the performance and contributions of the incentivized individuals [1][2]. Group 2: Applicable Scope and Assessment Organization - The plan applies to all participants in the stock incentive program [1]. - The Board's Compensation and Assessment Committee will lead and organize the assessment, while the Human Resources Department will implement the assessment [1][2]. Group 3: Assessment Indicators and Requirements - The performance assessment will be conducted annually from 2025 to 2027, with specific revenue growth targets set for each year based on the 2024 revenue of Southern Machine Tool [2][3]. - The targets are: a minimum of 30% growth for 2025, 60% for 2026, and 100% for 2027 [2]. Group 4: Individual Performance Assessment - Individual performance assessments will determine the extent to which stock can be released, contingent upon meeting company-level performance targets [3][4]. - Performance will be categorized into three levels: excellent, qualified, and unqualified, with corresponding coefficients affecting the release of stocks [4]. Group 5: Assessment Procedures and Results Management - The company will conduct assessments annually, with the Human Resources Department organizing the process and submitting reports to the Board's Compensation and Assessment Committee [5]. - Assessment results will serve as the basis for stock release, and any disputes can be appealed within a specified timeframe [5]. Group 6: Record Keeping and Amendments - The Human Resources Department will archive all assessment records confidentially, ensuring the integrity of performance records [5]. - The Board is responsible for the formulation, interpretation, and revision of the assessment guidelines, which will take precedence over any conflicting regulations [5].

Core Viewpoint - Tsugami Machine Tool (01651) announced a share buyback plan, indicating confidence in its stock value and future prospects [1] Group 1 - The company plans to repurchase 100,000 shares at a total cost of HKD 2.8374 million [1] - The buyback price range is set between HKD 28.14 and HKD 28.50 per share [1] - The buyback is scheduled for September 5, 2025, reflecting a strategic move to enhance shareholder value [1]

Group 1 - The company Tsugami Machine Tool (01651.HK) announced a share buyback plan on September 5, 2025, with an expenditure of HKD 2.8374 million to repurchase 100,000 shares [1] - The buyback price range is set between HKD 28.14 and HKD 28.50 per share [1]

Core Viewpoint - The company, Kede CNC (688305.SH), is leveraging its core technologies in control algorithms, servo drives, and motors to adapt to the motion control, balance coordination, and fine action execution scenarios of humanoid robots [1] Group 1: Technology and Applications - The company's five-axis machine tools can be directly used for processing precision components such as robot joints and gears [1] - The self-developed high-thrust linear motors have been utilized in the processing of threaded parts like screws on thread grinding machines [1] Group 2: Market Engagement - The company is actively engaging in technical collaborations with relevant enterprises to seize market opportunities [1]

Group 1 - The company is focused on overcoming key core technologies related to machine tool precision and high-speed movement [1] - The company has developed several products for various industries, including semiconductor vertical machining centers, humanoid robot CNC horizontal lathes, high-speed five-axis horizontal and gantry machining centers for the new energy vehicle industry, high-precision heavy vertical turning centers for hydrogen energy, and high-precision five-axis vertical machining centers for the mold industry [1] - The company aims to enhance high-end, intelligent, and green production capabilities while emphasizing fundamental research and original innovation to break through key technologies in high-end CNC equipment [1] Group 2 - The company is committed to deepening digital empowerment and accelerating the integration of data and products [1] - The company is working on improving the pilot verification system for high-end equipment to ensure stable performance and enhance customer satisfaction [1] - The company strives to provide users with safe and controllable optimal solutions for cutting processing technology, promoting high-quality development in the industrial mother machine industry [1]

Group 1 - The core viewpoint of the article is that Qiao Feng Intelligent (301603) is currently not supplying CNC machine tools directly to Xiaopeng Motors, but rather supporting the supply chain of Xiaopeng's suppliers by providing CNC machine tools for related component processing [1] Group 2 - The company engages in the CNC machine tool business, which is crucial for the manufacturing processes of automotive suppliers [1] - The interaction with investors indicates a focus on maintaining transparency regarding the company's operational relationships within the automotive supply chain [1]

Core Viewpoint - The company, Qiao Feng Intelligent (301603), is a leading domestic CNC machine tool manufacturer that is actively investing in the development of CNC machine tools for humanoid robot components [1] Group 1: Company Overview - Qiao Feng Intelligent is recognized as a leading CNC machine tool enterprise in China [1] - The company has already applied some of its machine tool products in the manufacturing of humanoid robot components, showcasing relevant application cases and clients [1] Group 2: Strategic Initiatives - The company places significant emphasis on the research and development of CNC machine tools and technologies specifically for the humanoid robot sector [1] - Through equity investment and business collaboration with Kepler Robotics, the company aims to be closer to the core processing scenarios of robot components, such as precision metal parts like rolling ball screws and planetary gearbox housings [1] - This partnership will enable the company to gain immediate insights into market demands and data feedback from the front line, facilitating the rapid adaptation and iteration of CNC machine tools for the robotics industry [1]

Core Viewpoint - The company is focused on advancing key technologies in machine tool precision and high-speed motion, aiming to develop various products for multiple industries including semiconductor, robotics, new energy vehicles, hydrogen energy, and mold manufacturing [1] Group 1: Product Development - The company has developed vertical machining centers for the semiconductor industry, CNC horizontal lathes for the robotics sector, high-speed five-axis horizontal and gantry machining centers for the new energy vehicle industry, high-precision heavy vertical turning centers for hydrogen energy, and high-precision five-axis vertical machining centers and turntables [1] - The company is also working on high-torque electric spindles as part of its product offerings [1] Group 2: Strategic Focus - The company aims to focus on new productive forces, targeting high-end, intelligent, and green development [1] - It emphasizes fundamental research and original innovation to overcome key technologies in high-end CNC equipment and core functional components [1] Group 3: Digital Empowerment and Customer Satisfaction - The company plans to deepen digital empowerment, accelerating the integration of data and products [1] - It aims to improve the pilot verification system for high-end equipment to ensure stable performance and enhance customer satisfaction [1] - The company is committed to providing safe and controllable optimal solutions for cutting processing technology to promote high-quality development in the industrial mother machine industry [1]

Group 1 - The core viewpoint is that Qiaofeng Intelligent (301603.SZ) is currently not supplying CNC machine tools directly to Xiaopeng Motors, but rather supporting the supply chain of Xiaopeng's suppliers by providing CNC machine tools for related component processing [1] Group 2 - The company is involved in the manufacturing of CNC machine tools [1] - The relationship with Xiaopeng Motors is indirect, focusing on the supply chain rather than direct sales [1]

Group 1 - The company Zhejiang Rifa Precision Machinery Co., Ltd. held a roadshow event that attracted participation from 18 institutions, including Dongwu Securities, providing key insights into its machine tool business [1] - The event took place from August 29 to September 3, 2025, in Shanghai, with the company’s board secretary Qi Bing presenting [1] - The company’s domestic machine tool products are categorized into two main types: CNC grinding super machine tools and cutting CNC machine tools, with a focus on direct sales and production based on sales [2] Group 2 - The CNC thread grinding machine is primarily used for high-precision screw rod and nut processing in industries such as new energy vehicles and humanoid robots, with market development showing progress despite limited mass production from downstream industries [2] - The outlook for the machine tool industry is positive, with expected recovery in downstream demand driven by equipment upgrades and new policies, leading to sustained growth in demand for mid-to-high-end CNC machine tools [2] - The company is focusing on enhancing machine tool quality and production efficiency, accelerating product transformation, and improving market competitiveness and brand influence [2]