建"机"行事：机械周观点 20251130 该行业在未来 3 至 5 年内将持续保持较高增速。 达意隆公司的发展情况如何？ 达意隆公司作为液态产品智能工厂整线设备供应商，主要提供 PET 瓶吹瓶机、 灌装封口设备等整线解决方案。目前其订单非常饱满，并且产能持续扩张，以 应对需求增长。达意隆前三季度合同负债同比增长 46%，主要来自海外订单需 求。今年（2025 年）达意隆国内与海外收入结构从年初的 55%比 45%转变为 全年五五开，预计明年（2026 年）海外收入占比将提升至 60%。 达意隆在性 价比和服务方面具有优势，其设备价格较国外品牌低两到三成，同时服务速度 更快。在新兴市场中，其出口结构以南亚、东南亚为主，占整体海外营收的一 半左右。此外，公司还接到了印度某大型饮料集团的大额订单，这些订单将在 2 至 3 年内交付完毕，并可能带来更多后续订单。 达意隆今年（2025 年）的 产值大约为 17 亿元，自建产能每月可达到 2 亿元以上规模。预计 2026 年至 2027 年的扩产计划每年将释放约 5 亿元产值，到 2027 年底长期满产时自建 产能将达到 27 亿元。同时，公司还租赁外部厂房以增加生产 ...

Company Overview - New Meixing (SZ 300509) announced the establishment of a wholly-owned subsidiary in Hong Kong, named New Meixing (Hong Kong) Limited, with an investment of $100,000 [1] - The company holds 100% equity in the new subsidiary [1] Financial Performance - For the year 2024, New Meixing's revenue composition is as follows: 99.45% from the liquid food packaging machinery industry and 0.55% from other businesses [1] - As of the report date, New Meixing's market capitalization is 4.1 billion yuan [1]

Core Viewpoint - New Mei Xing has demonstrated impressive financial performance and innovation in the liquid food packaging machinery industry, capitalizing on trends towards smart, digital, and sustainable solutions [1][2]. Financial Performance - In 2024, New Mei Xing reported revenue of 1.075 billion yuan, a year-on-year increase of 15.78% - The net profit attributable to shareholders was 45.2522 million yuan, up 94.36% year-on-year - Basic earnings per share reached 0.15 yuan, reflecting an 87.50% increase - For Q1 2025, total revenue was 261 million yuan, a 6.03% increase, with net profit of 21.1639 million yuan, up 118.37% [2]. Innovation and Technology Development - The company focuses on innovation-driven development and has made significant advancements in PET bottle aseptic packaging technology and integrated blowing-filling-capping machines - New Mei Xing is the only Asian supplier with successful commercial applications of three major aseptic processes: PAA wet method, hydrogen peroxide dry method, and electron beam method - The company has also published the first foreign language standard for aseptic blowing-filling-capping machines in China's food packaging machinery industry [3]. Product and Market Expansion - The core business, liquid packaging equipment, contributes over 80% of revenue, with a steady increase in order volume - New products, such as the first 108,000 bottles/hour integrated machine in Asia, enhance the company's competitive edge in the high-end market - The company achieved a net cash flow from operating activities of 236 million yuan in 2024, an increase of 178.54% [2][3]. Globalization and Sustainability - New Mei Xing is accelerating its "technology + market" dual-drive strategy, expanding its global market presence with products sold in over 80 countries and regions - The company has passed ISO 50001 energy management certification and is committed to low-carbon packaging solutions - Investments in talent development and AI technology are aimed at enhancing operational efficiency and supporting clients' ESG goals [5][6].