国机精工集团股份有限公司投资者关系活动记录表 编号：2026—002 | | □特定对象调研 □分析师会议 | | --- | --- | | | □媒体采访 □业绩说明会 | | 投资者关系 | □新闻发布会 □路演活动 | | 活动类别 | | | | □现场参观 电话会议 ☑ | | | □其他 | | 参与单位名称 | | | | 大和证券：罗畅、刘伟健、叶文瀚 | | 及人员姓名 | | | 时间 | 2026 年 01 月 07 日 | | 地点 | 董事会秘书办公室 | | 上市公司接待 | 董事会秘书：赵祥功 | | 人员姓名 | 投资者关系助理：汪智婷 | | | 一、公司情况介绍 | | | （一）公司概况 | | | 1.基本情况及战略定位 | | | 国机精工的历史，可追溯至 1958 年成立的洛阳轴承研究所和郑 | | | 州磨料磨具磨削研究所，2005 年在深交所上市。公司秉承国机集团"引 | | | 领机械工业发展，推动人类社会进步"的发展理念，践行"精工致远， | | | 利器善事"的企业使命与产业抱负，聚焦精密制造领域，以科技创新 | | | 驱动产业发展，提供满足国家战略需 ...

2022年7月公司上市募集资金到位后，因募投项目的实施方式、实施地点与上述实际投入情况存在较大 差异，公司未进行募集资金置换。且通过前一阶段扩产，公司金刚石微粉产能暂时可以满足当时的市场 需求，故暂缓实施了该项目。 2023年以来，公司多次组织高管及行业专家等对拟投资方向进行充分讨论，并组织专门人员与地方政府 进行接洽，商讨项目计划。经过多方考察，公司了解到目前金刚石微粉行情处于"低端承压、高端向 好"的特征，即应用于建筑与建材领域等领域的低端微粉需求不足，而应用于新能源汽车、纳米金刚石 医药载体、消费电子、航空航天和国防军工等领域的微粉需求仍然旺盛且潜力巨大。 鉴于此，惠丰钻石拟对"金刚石微粉智能生产基地扩建项目"进行变更，取消项目中的金刚石破碎整形料 和低性能金刚石微粉，增加高性能金刚石微粉的产能，并配置若干台大缸径六面顶压机。 该公司称，调整后，一方面能解决生产高性能金刚石微粉所需的部分原材料金刚石单晶，减少原材料价 格波动对公司毛利率的影响，增加金刚石单晶生产环节的利润，提升公司盈利水平；另一方面，新项目 拟采用数智科技生产方式，生产过程实现数字化和自动化，提高公司金刚石微粉生产技术和工艺水平， 促进 ...

为精准对接企业发展需求，区商务局建立"每周走访"工作机制，通过实地调研、线上沟通等多元方式，及时向企业宣传解读最新外贸政策，确保政策红利直 达快享。 "区商务局会定期走访企业，宣传传达最新外贸政策，同时组织我们参加各类国际展会，助力企业拓宽海外客源渠道，为公司外贸业务发展提供了有力支 持。"李迎洲说。 在复杂多变的国际市场环境中，2025年，天津市静海区外贸经济交出了亮眼答卷，彰显出强劲发展韧性。其中，菊龙（天津）磨具有限公司（以下简称"菊 龙磨具"）的表现尤为抢眼——2025年出口额较去年增长15%，自有品牌"Robtec"（诺克）远销100个国家，成为静海外贸逆势突围的生动缩影。 走进菊龙磨具生产车间，智能设备高速运转，混料、压制、烘烤、质检、贴标、包装……一道道工序有条不紊，一片片砂轮在完成全流程加工后，即将踏上 前往西欧、北美等全球市场的旅程。作为中国北方最大的磨料磨具生产基地，这里的树脂砂轮切割片、角磨片等全系列产品，凭借过硬品质稳稳占据全球中 高端市场份额。 "相较于2024年，2025年公司出口额整体增长约15%，中东、非洲、南美是主要出口区域。自有品牌'Robtec'（诺克）目前已覆盖100个 ...

Group 1 - The company is planning to utilize low-cost electricity in Xinjiang Hami Industrial Park for synthetic diamond production to reduce costs [1] - The company is advancing full industry chain technology iteration, including innovations in seed plates, equipment, deposition processes, and processing stages to further lower costs [1]

Company Overview - The history of Guojijiangong dates back to the establishment of the Luoyang Bearing Research Institute and Zhengzhou Abrasives Research Institute in 1958, with the company listed on the Shenzhen Stock Exchange in 2005 [2][3] - The company focuses on precision manufacturing, driven by technological innovation, to provide key products, technologies, and services that meet national strategic needs [2][3] Business Segments and Applications - Guojijiangong operates in five major sectors: new materials, basic components, machine tools, high-end equipment, and supply chain management, with applications in aerospace, military, electronics, renewable energy, high-end machine tools, and automotive industries [2][3] - The company has achieved over 2,400 research results and has established 42 national and provincial-level innovation platforms [3] Financial Performance - In the first three quarters of 2025, the company reported a revenue of CNY 2.296 billion, a year-on-year increase of 27% [4] - Gross profit totaled CNY 797 million, up 20% year-on-year, while net profit reached CNY 245 million, reflecting a 15.4% increase [4] Business Highlights Bearing Business - The special bearing segment has shown steady growth, with a 90% supply rate for key aerospace projects [5][6] - Wind power bearing business has been a significant growth driver, with the company developing the first domestically produced 8 MW and 18 MW wind power bearings [5][6] Abrasives Business - The superhard materials segment continues to grow, with key products serving the semiconductor, automotive, and optical industries [6][7] - The company has made breakthroughs in diamond functional applications, which are expected to become a new source of profit [6][7] Strategic Focus - The company aims to strengthen its core business while optimizing its new business layout, focusing on traditional and emerging sectors for dual growth [8] - A comprehensive R&D system is being established to enhance innovation capabilities and drive industry advancement [8] Future Outlook - Guojijiangong plans to deepen its focus on bearings and abrasives, leveraging technological advantages to drive upgrades and breakthroughs [9] - The company aims to maintain a dividend payout ratio of no less than 40%, with a target to rank in the top 70% of listed companies for dividend payments [9][10] Investor Relations - The company emphasizes transparent governance and investor relations, aiming to build a trust system through comprehensive information disclosure and engagement activities [10][11]

| ☑ | 特定对象调研 □分析师会议 | | --- | --- | | 投资者关系 | □媒体采访 □业绩说明会 | | 活动类别 | □新闻发布会 □路演活动 | | | □现场参观 □电话会议 | | □其他 | | | 参与单位名称 | 山西证券：刘斌 | | 及人员姓名 | 洛克化学：陈睿 | | 时间 2025 | 年 12 月 8 日 | | 地点 国机精工 | 会议室 | | 上市公司接待 | 董事会秘书：赵祥功 | | 人员姓名 | 投资者关系助理：汪智婷 | | | 1.问：请简单介绍一下公司的主营业务。 | | | 答：国机精工在轴承行业和磨料磨具行业开展业务，提供满足国 | | | 家战略需求的产品、技术和服务，业务涵盖"新材料、基础零部件、 | | | 机床工具、高端装备、供应链管理与服务"五大业务板块。总体来看， | | | 目前，特种轴承以及超硬材料磨具业务是公司利润的主要来源，风电 | | | 轴承是增速最快的业务。 | | | 公司轴承业务的核心支撑力量为洛阳轴承研究所有限公司、超硬 | | 投资者关系活 | 材料及制品的核心支撑力量为郑州磨料磨具磨削研究所有限公司，这 | ...

Group 1: Company Valuation and Investor Communication - The company focuses on enhancing its core business and increasing value through technology R&D, product innovation, and optimizing its product matrix to strengthen market competitiveness and brand influence [2][3] - Continuous communication with investors is emphasized through regular reports, performance briefings, and various channels to ensure timely and accurate dissemination of operational status and strategic direction [8][9] - Future plans include improving operational quality, efficiency, and profitability while enhancing information disclosure and investor communication to boost investment value and shareholder returns [3][9] Group 2: Business Development and Strategic Focus - The company aims to seek investment targets that align with its strategic direction, particularly in high-tech sectors, while adhering to legal disclosure obligations [3][4] - The core business remains manufacturing, focusing on clean environmental engineering, high-voltage porcelain insulators, precision bearings, and various integrated surveying instruments [4][5] - Future development will concentrate on three main business segments: clean environmental equipment, high-voltage insulators, and precision bearings, with a commitment to enhancing core competencies and expanding into emerging markets [4][6] Group 3: Market Position and Client Base - The subsidiary Suzhou Bearings serves major clients in the automotive sector, including Bosch and Magna, and in engineering machinery, electric tools, and aerospace [4][5] - Suzhou Electric Porcelain has achieved revenue growth in 2025, driven by effective market strategies and timely project deliveries [4][5] - The company is actively expanding into Southeast Asian markets to mitigate risks from trade barriers and enhance domestic sales [6][7] Group 4: Technological Innovation and Future Planning - The company is committed to increasing R&D investment to maintain industry leadership and respond to new productivity policies [6][7] - Suzhou Bearings is focusing on key sectors such as new energy vehicles and aerospace, aiming to leverage technological breakthroughs for competitive advantage [6][7] - Jiangsu Sujing, a subsidiary, is positioned as a leading provider in air purification and energy-saving solutions, with a strong client base in emerging industries [5][6]

Group 1: Business Overview - The company operates in the bearing and abrasive tools industries, focusing on five main business segments: new materials, basic components, machine tools, high-end equipment, and supply chain management [2] - Special bearings and superhard materials are the primary sources of profit, with wind power bearings being the fastest-growing segment [2] Group 2: Bearing Business - The bearing business includes special bearings, wind power bearings, and precision machine tool bearings [3] - Special bearings are used in aerospace, military, and nuclear industries, with a leading domestic technology level [3] - Wind power bearings have seen significant advancements, including the development of the first domestically produced 8 MW and 26 MW series main shaft bearings [3] - Precision machine tool bearings have shown stable growth, primarily consisting of spindle bearings and ball screw bearings [3] Group 3: Abrasive Tools Business - The abrasive tools segment includes superhard materials, composite superhard materials, and diamond functional application products [3] - Superhard materials have a strong market position, serving sectors like semiconductors and automotive [3] - Composite superhard materials focus on specialized fields such as oil and gas drilling [3] - Diamond functional application products are expected to play a crucial role in major national projects and emerging industries [3] Group 4: Financial Performance - The decline in bearing business gross margin is attributed to rapid growth in low-margin wind power bearings and price reductions in special bearings [4] - The company maintains a high gross margin in its superhard materials business, supported by significant technical barriers [4] Group 5: Strategic Initiatives - The establishment of a diamond company in collaboration with local governments aims to respond to national strategic needs and promote the development of the superhard materials industry [4] - The diamond heat dissipation business is in its early stages, with potential applications in chip manufacturing driven by increasing cooling demands [4] - Revenue from diamond heat dissipation and optical window products is expected to exceed 10 million yuan by 2025, primarily in non-civilian sectors [4]

Core Viewpoint - Guojijinggong Group Co., Ltd. is experiencing increased investor interest due to its advancements in aerospace bearings, diamond business, and superhard material tools, with multiple investor relations activities recorded in November [1] Group 1: High-End Bearing Business - The company produces high-end bearings and has a unique comprehensive research and development institution in China's bearing industry, enhancing its competitive edge [2] - In the wind power bearing sector, the company has developed the world's largest 26MW main shaft bearing and gearbox bearing, with a strong order backlog and plans to expand production capacity by the end of 2026 [2] - The company holds over 90% market share in domestic aerospace bearings, focusing on products like rocket fuel turbine pump bearings and satellite momentum wheel bearings [2] Group 2: Commercial Aerospace Development - The development of commercial aerospace is expected to provide new growth opportunities for the company's bearing business, with plans to focus on high-value products such as crossed roller bearings and thin-walled bearings [4] Group 3: Diamond Technology Applications - The diamond industry is divided into structural and functional applications, with functional applications like heat sinks and optical window pieces gaining attention [5] - The company anticipates that diamond heat sinks may be applied in chip manufacturing, currently in the early stages of industrialization, with projected revenue exceeding 10 million yuan by 2025 [5] - The company is in the testing phase for civilian applications, with expected results by 2026 if progress is favorable [5] Group 4: Superhard Material Tools - The company plans to build a dedicated superhard material tools industrial park, expected to be completed by 2027 [6] - The three main business segments are at a critical stage of "technological breakthroughs - capacity expansion - market release," with strong performance certainty in wind power bearings and significant long-term potential in humanoid robot bearings and synthetic diamonds [6]

天眼查App显示，近日，东莞市东科磨料磨具有限公司成立，法定代表人为柳意娥，注册资本10万人民 币，经营范围为一般项目：非金属矿及制品销售；五金产品零售；五金产品批发；高品质合成橡胶销 售；五金产品制造；五金产品研发；劳动保护用品销售；劳动保护用品生产；金属表面处理及热处理加 工；塑胶表面处理；塑料加工专用设备销售；工业自动控制系统装置销售；通用加料、分配装置销售； 电子产品销售。（除依法须经批准的项目外，凭营业执照依法自主开展经营活动）。 ...