根据市场公开信息及6月30日披露的机构调研信息，知名私募大岩资本近期对1家上市公司进行了调研， 相关名单如下： 深圳嘉石大岩资本管理有限公司2013年6月建基于深圳。自成立以来，大岩资本依托股东的全球业务网 络布局，与设于香港、纽约、开曼等地多个独立姊妹公司，携手为国内外投资者提供专业的资产管理服 务。大岩资本管理团队有20余年全球金融市场投资经验。目前近50位专业人士因为共同的梦想和追求聚 集在一起，他们拥有数学、计算机、医学、物理、金融工程等复合学术背景，形成国际化、学术化的专 业基本面研究、量化投资人才梯队。在深耕中国大陆资本市场7年多时间里，大岩资本在私募证券投资 领域，累计获得包括4尊金牛奖在内的30余项业内奖项，合作客户遍及银行、保险、证券公司、基金 会、FOF和企业财团。公司成立头三年就实现了资产管理规模跨越百亿，成为中国业内领先的私募证券 基金。大岩资本着力于量化投资技术、定增投资技术、产品和业务模式的创新，是科学投资的先行倡导 者和实践者。大岩资本以维护金融生态环保为己任，在为投资者创造价值的同时，也使资本市场更有 效，从而为社会实体经济提升价值。大岩资本联合专业公益机构，成立了"大岩新生命 ...

Core Viewpoint - The non-metal intelligent cutting industry presents significant growth potential, driven by advancements in technology and increasing demand for automation and intelligent production solutions [1][3]. Industry Outlook - The digital printing industry is experiencing growth due to the rising demand for personalized, small-batch, and multifunctional products, particularly in developed markets like Europe and North America [1][2]. - In the textile industry, the demand for customized production is increasing, leading to higher penetration rates of single-layer and multi-layer cutting equipment among leading enterprises [2]. - The composite materials sector, especially carbon fiber applications in high-end industries such as aerospace and renewable energy, is becoming a new growth area for intelligent cutting equipment [2][3]. Company Developments - The company has transitioned from a single-layer cutting equipment model to a dual-driven model that includes both single-layer and multi-layer cutting equipment, with significant performance improvements in cutting efficiency and quality for multi-layer devices [3]. - The company anticipates steady market performance for its main product, intelligent cutting equipment, in 2024, with notable sales growth compared to the previous year [3]. Future Growth Drivers - Key drivers for future profitability include industry policies, market channels, operational efficiency, technological innovation, product upgrades, and expansion into emerging markets [4]. - The company is focusing on building its domestic and international distribution networks, with overseas revenue accounting for 50.7% in 2024, targeting mature markets in Europe and North America [4]. - Emphasis is placed on continuous R&D investment in non-metal intelligent cutting technologies, exploring new processes like laser cutting and 3D printing, and enhancing product intelligence through AI and big data [4].

杭州爱科科技股份有限公司于近日发布2024年年度报告，各项财务数据呈现出不同态势。其中管理费用 同比增长174.67%，净利润同比下降11.00%，这两项数据变化较为显著。以下将对该公司年报进行详细 解读。 费用增长各有原因，管理费用增幅惊人销售费用：2024年销售费用为69,336,697.20元，较2023年的 54,880,126.37元增长26.34%。这可能是由于公司加大市场推广力度，在经纪服务费、展览及广告费等方 面投入增加所致。管理费用：管理费用从2023年的15,522,518.25元增至2024年的27,113,782.17元，涨幅 高达74.67%，主要系并购费用、中介咨询费和管理差旅费的增加所致。如此大幅度的增长需要公司关 注管理效率，确保费用增长能带来相应的效益提升。研发费用：研发费用为33,182,420.60元，相比2023 年的25,826,566.07元增长28.48%。公司加大产品的研发力度，开发新产品，导致研发职工薪酬和研发直 接材料增加。这表明公司重视技术创新，为未来发展奠定基础，但也需关注研发投入的产出效率。财务 费用：财务费用为-14,274,618.83元，而202 ...