证券日报网讯 12月17日，创世纪（300083）在互动平台回答投资者提问时表示，以五轴数控机床产品 为代表的高精尖应用市场是公司积极培育的领域，下游应用领域广泛，可用于精密模具、船舶、医疗器 械、新能源汽车、航空航天、人形机器人等行业领域的零件加工；为顺应市场发展趋势，加速进口替代 实现产品技术自主可控，公司持续投入五轴高端数控机床的研发，目前已向市场推出多款五轴高端数控 机床，并已实现小批量交付，主要客户信息请详见公司定期报告相关内容。 ...

Investment Rating - The report maintains a "Recommended" rating for the company [5][7]. Core Insights - The company achieved a cumulative operating revenue of 3.826 billion yuan in the first three quarters of 2025, representing a year-on-year increase of 16.80%. The net profit attributable to shareholders reached 348 million yuan, up 72.56% year-on-year, with a non-recurring net profit of 341 million yuan, increasing by 106.81% [1]. - In Q3 2025, the operating revenue was 1.384 billion yuan, a year-on-year growth of 14%, while the net profit attributable to shareholders surged by 164.38% to 115 million yuan, and the non-recurring net profit rose by 196.21% to 123 million yuan [1]. - The gross margin for Q3 2025 improved to 25.8%, an increase of 2.3 percentage points year-on-year, and the net profit margin rose by 4.7 percentage points to 8.51% [2]. Summary by Sections Financial Performance - The company reported a significant improvement in gross and net profit margins, alongside enhanced cost control and increased R&D investment. The expense ratio decreased by 2.7 percentage points year-on-year, with sales, management, R&D, and financial expense ratios showing varied changes [2]. - The forecast for revenue from 2025 to 2027 is projected at 5.35 billion, 6.29 billion, and 7.11 billion yuan, respectively, with net profits expected to be 510 million, 640 million, and 750 million yuan [5][6]. Market Opportunities - The foldable smartphone market is anticipated to experience rapid growth in 2026, driven by key products like Huawei's Mate and Pura X series. The company’s flagship product, the drilling machine, has achieved comprehensive coverage of core users in the 3C sector, with a market share leading the industry [3]. - The company is actively expanding its product applications in AI hardware and humanoid robots, collaborating with clients in these fields for precision processing of components [4]. Strategic Outlook - The company is positioned to benefit from the recovery in the 3C sector and the domestic production of high-end machine tools. The current stock price corresponds to a PE ratio of 33, 26, and 22 for the years 2025, 2026, and 2027, respectively [5][6].

Core Viewpoint - The company is actively developing its five-axis products for various high-precision applications across multiple industries, aiming for market adaptation and import substitution [1] Group 1: Product Applications - The five-axis products are widely applicable in precision mold manufacturing, shipbuilding, medical devices, new energy vehicles, aerospace, and humanoid robots [1] Group 2: Market Strategy - The high-precision application market represented by five-axis products is a key area that the company is cultivating [1] - The company is committed to accelerating import substitution to achieve self-control in response to market trends [1] Group 3: Research and Development - The company continues to invest in the research and development of high-end CNC machine tools, specifically five-axis models [1] - Multiple models of five-axis high-end CNC machine tools have been launched to the market, with small batch deliveries already achieved [1]