异动分析 11月25日，纽威数控涨1.13%，成交额3785.16万元，换手率0.54%，总市值69.42亿元。 人形机器人+工业母机+新型工业化+高端装备+长三角一体化 1、根据2025年4月25日公告：公司针对人形机器人行业的丝杠和减速器等关键零部件加工工艺特点， 开发了人形机器人行业数控卧式车床系列。产品技术特点为30度倾斜床身结构，机械主轴、内置主轴、 副主轴、伺服刀架、动力刀架、液压尾架、伺服尾架等模块化设计，满足人形机器人行业零件高精密加 工要求。产品功能与应用为适用于人形机器人谐波减速器、空心杯电机、传感器、制动器、行星滚柱丝 杠等核心回转类零件加工。 来源：新浪证券-红岸工作室 2、公司主营业务是中高档数控机床的研发、生产及销售。主要产品是定柱式龙门加工中心系列、动柱 式龙门加工中心系列、五轴联动龙门加工中心系列、五轴立式加工中心系列、高速型立式加工中心系 列、电主轴立式加工中心系列、重切型立式加工中心系列、动柱型立式加工中心系列、门型立式加工中 心系列、数控立式车床系列、高速型卧式加工中心系列、重切型卧式加工中心系列、高效型卧式加工中 心系列、斜床身数控卧式车床系列、平床身数控卧式车床系列、 ...

来源：新浪证券-红岸工作室 11月24日，纽威数控涨1.21%，成交额4397.46万元，换手率0.64%，总市值68.65亿元。 异动分析 人形机器人+工业母机+新型工业化+高端装备+长三角一体化 1、根据2025年4月25日公告：公司针对人形机器人行业的丝杠和减速器等关键零部件加工工艺特点， 开发了人形机器人行业数控卧式车床系列。产品技术特点为30度倾斜床身结构，机械主轴、内置主轴、 副主轴、伺服刀架、动力刀架、液压尾架、伺服尾架等模块化设计，满足人形机器人行业零件高精密加 工要求。产品功能与应用为适用于人形机器人谐波减速器、空心杯电机、传感器、制动器、行星滚柱丝 杠等核心回转类零件加工。 2、公司主营业务是中高档数控机床的研发、生产及销售。主要产品是定柱式龙门加工中心系列、动柱 式龙门加工中心系列、五轴联动龙门加工中心系列、五轴立式加工中心系列、高速型立式加工中心系 列、电主轴立式加工中心系列、重切型立式加工中心系列、动柱型立式加工中心系列、门型立式加工中 心系列、数控立式车床系列、高速型卧式加工中心系列、重切型卧式加工中心系列、高效型卧式加工中 心系列、斜床身数控卧式车床系列、平床身数控卧式车床系列、 ...

Core Viewpoint - The company, Nuwei CNC Equipment (Suzhou) Co., Ltd., specializes in the research, development, production, and sales of mid-to-high-end CNC machine tools, with a focus on humanoid robots and high-precision components [2][3][4]. Company Overview - Nuwei CNC is located in Suzhou, Jiangsu Province, and was established on April 29, 1997, with its stock listed on September 17, 2021 [8]. - The main business revenue composition includes: large machining centers (41.31%), vertical CNC machines (33.38%), horizontal CNC machines (22.68%), and other machines and accessories (2.14%) [8]. - The company has developed a series of CNC horizontal lathes specifically for the humanoid robot industry, featuring a 30-degree inclined bed structure and modular design to meet high-precision processing requirements [2]. Financial Performance - For the period from January to September 2025, Nuwei CNC achieved operating revenue of 2.07 billion yuan, representing a year-on-year growth of 12.88%, while the net profit attributable to shareholders decreased by 9.36% to 206 million yuan [9]. - The company has distributed a total of 604 million yuan in dividends since its A-share listing, with 523 million yuan distributed over the past three years [10]. Market Activity - On October 30, the stock price of Nuwei CNC fell by 1.84%, with a trading volume of 139 million yuan and a turnover rate of 1.83%, bringing the total market capitalization to 7.564 billion yuan [1]. - The stock has seen a net outflow of 16.5953 million yuan from major investors today, with no significant trend in major holdings observed [5][6].

Core Viewpoint - The company, Nuwei CNC Equipment (Suzhou) Co., Ltd., specializes in the research, development, production, and sales of mid-to-high-end CNC machine tools, with a focus on humanoid robots and high-precision components [2][3][4]. Company Overview - Nuwei CNC is located in Suzhou, Jiangsu Province, and was established on April 29, 1997, with its stock listed on September 17, 2021 [8]. - The main business revenue composition includes: large machining centers (41.31%), vertical CNC machines (33.38%), horizontal CNC machines (22.68%), and other machines and accessories (2.14%) [8]. - The company has developed a series of CNC horizontal lathes specifically for the humanoid robot industry, featuring a 30-degree inclined bed structure and modular design to meet high-precision processing requirements [2][3]. Financial Performance - For the first half of 2025, Nuwei CNC achieved operating revenue of 1.278 billion yuan, representing a year-on-year growth of 9.99%, while the net profit attributable to the parent company was 130 million yuan, a decrease of 10.17% year-on-year [9]. - Since its A-share listing, the company has distributed a total of 604 million yuan in dividends, with 523 million yuan distributed over the past three years [10]. Market Activity - On October 24, the stock price of Nuwei CNC increased by 3.07%, with a trading volume of 115 million yuan and a turnover rate of 1.61%, bringing the total market capitalization to 7.208 billion yuan [1]. - The stock has seen a net inflow of 3.4629 million yuan from major investors today, with no significant trend in major holdings observed [5][6].

Core Viewpoint - The company, Nuwei CNC Equipment (Suzhou) Co., Ltd., specializes in the research, development, production, and sales of mid-to-high-end CNC machine tools, with a focus on humanoid robots and industrial mother machines [2][3][4]. Company Overview - Nuwei CNC is located in Suzhou, Jiangsu Province, and was established on April 29, 1997, with its stock listed on September 17, 2021 [8]. - The main business revenue composition includes: large machining centers (41.31%), vertical CNC machines (33.38%), horizontal CNC machines (22.68%), and other machines and accessories (2.14%) [8]. - The company has developed a series of CNC horizontal lathes specifically for the humanoid robot industry, featuring a 30-degree inclined bed structure and modular design to meet high-precision processing requirements [2]. Financial Performance - For the first half of 2025, Nuwei CNC achieved operating revenue of 1.278 billion yuan, a year-on-year increase of 9.99%, while net profit attributable to shareholders decreased by 10.17% to 130 million yuan [9]. - The company has distributed a total of 604 million yuan in dividends since its A-share listing, with 523 million yuan distributed over the past three years [10]. Market Activity - On October 21, the stock price of Nuwei CNC fell by 1.10%, with a trading volume of 151 million yuan and a turnover rate of 2.04%, bringing the total market capitalization to 7.386 billion yuan [1]. - The stock has seen a net outflow of 16.35 million yuan from major investors today, with a ranking of 230 out of 244 in its industry [5][6]. Technical Analysis - The average trading cost of the stock is 14.83 yuan, and it is currently near a resistance level of 16.23 yuan, indicating potential for a price correction if this level is not surpassed [7].

Core Viewpoint - The company, Nuwei CNC Equipment (Suzhou) Co., Ltd., specializes in the research, development, production, and sales of mid-to-high-end CNC machine tools, with a focus on humanoid robots and high-precision components [2][3][4]. Company Overview - Nuwei CNC is located in Suzhou, Jiangsu Province, and was established on April 29, 1997, with its stock listed on September 17, 2021 [8]. - The main business revenue composition includes: large machining centers (41.31%), vertical CNC machines (33.38%), horizontal CNC machines (22.68%), and other machines and accessories (2.14%) [8]. - The company has developed a series of CNC horizontal lathes specifically for the humanoid robot industry, featuring a 30-degree inclined bed structure and modular design to meet high-precision processing requirements [2]. Financial Performance - For the first half of 2025, Nuwei CNC achieved operating revenue of 1.278 billion yuan, representing a year-on-year growth of 9.99%, while the net profit attributable to the parent company was 130 million yuan, a decrease of 10.17% year-on-year [9]. - Since its A-share listing, the company has distributed a total of 604 million yuan in dividends, with 523 million yuan distributed in the last three years [10]. Market Activity - On October 15, the stock price of Nuwei CNC increased by 1.16%, with a trading volume of 54.33 million yuan and a turnover rate of 0.81%, bringing the total market capitalization to 6.764 billion yuan [1]. - The stock has seen a net inflow of 4.612 million yuan from major investors today, with the industry ranking at 48 out of 244 [5][6].

Core Viewpoint - The company, Nuwei CNC Equipment (Suzhou) Co., Ltd., specializes in the research, development, production, and sales of mid-to-high-end CNC machine tools, with a focus on humanoid robots and high-precision components [2][3][4]. Company Overview - Nuwei CNC was established on April 29, 1997, and went public on September 17, 2021. The company is located in Suzhou, Jiangsu Province [8]. - The main business revenue composition includes: large machining centers (41.31%), vertical CNC machines (33.38%), horizontal CNC machines (22.68%), and other machines and accessories (2.14%) [8]. Product Development - The company has developed a series of CNC horizontal lathes tailored for the humanoid robot industry, featuring a 30-degree inclined bed structure and modular design to meet high-precision processing requirements [2]. - The product applications include core rotating components such as harmonic reducers, hollow cup motors, sensors, brakes, and planetary roller screws [2]. Financial Performance - For the first half of 2025, Nuwei CNC achieved operating revenue of 1.278 billion yuan, representing a year-on-year growth of 9.99%. However, the net profit attributable to the parent company was 130 million yuan, a decrease of 10.17% year-on-year [9]. - The company has distributed a total of 604 million yuan in dividends since its A-share listing, with 523 million yuan in the last three years [10]. Market Activity - On October 14, the stock price of Nuwei CNC fell by 2.53%, with a trading volume of 75.9318 million yuan and a turnover rate of 1.12%, bringing the total market capitalization to 6.686 billion yuan [1]. - The stock has seen a net outflow of 5.865 million yuan from major funds today, with a continuous reduction in major fund positions over the past three days [5][6].

Core Viewpoint - The company, Nuwei CNC, specializes in the research, production, and sales of mid-to-high-end CNC machine tools, with a focus on expanding its presence in the new energy vehicle sector and humanoid robotics [2][3][4]. Company Overview - Nuwei CNC is located in Suzhou, Jiangsu Province, and was established on April 29, 1997, with its stock listed on September 17, 2021 [8]. - The company's main business includes the development, production, and sales of CNC machine tools, with over 200 models available [3][8]. - The revenue composition is as follows: large machining centers 43.88%, vertical CNC machines 30.28%, horizontal CNC machines 24.52%, and other machines and accessories 0.79% [9]. Product and Market Focus - The company has developed over 40 products suitable for the new energy vehicle sector, including vertical and horizontal machining centers for processing components like motor shafts and gearboxes [2][4]. - Nuwei CNC has also created a series of CNC horizontal lathes specifically for the humanoid robotics industry, designed to meet high precision processing requirements [4]. Financial Performance - For the period from January to March 2025, Nuwei CNC achieved a revenue of 569 million yuan, representing a year-on-year growth of 3.80%, while the net profit attributable to shareholders decreased by 11.78% to 61.36 million yuan [9]. - The company has distributed a total of 604 million yuan in dividends since its A-share listing, with 523 million yuan in the last three years [10]. Investment and Shareholder Information - As of March 31, 2025, the number of shareholders was 11,800, a decrease of 3.53% from the previous period, with an average of 27,700 circulating shares per person, an increase of 3.65% [9][10]. - The top ten circulating shareholders include new entrants such as the Huaxia CSI Robotics ETF and Hong Kong Central Clearing Limited [10].

Core Viewpoint - The company, Nuwei CNC, focuses on the research, production, and sales of mid-to-high-end CNC machine tools, with significant developments in the new energy vehicle sector and humanoid robotics [2][3][4]. Company Overview - Nuwei CNC is located in Suzhou, Jiangsu Province, and was established on April 29, 1997, with its stock listed on September 17, 2021 [8]. - The company specializes in over 200 models of CNC machine tools, primarily used in industries such as automotive, engineering machinery, molds, valves, automation equipment, electronics, aviation, shipping, and general equipment [3][9]. Business Segments - The main revenue composition includes: - Large processing centers: 43.88% - Vertical CNC machine tools: 30.28% - Horizontal CNC machine tools: 24.52% - Other machine tools and accessories: 0.79% - Others: 0.52% [9]. Recent Developments - As of October 31, 2023, the company has made significant strides in the new energy vehicle sector, with over 40 products suitable for applications in this field, including processing for electric motor shafts and casings [2]. - A special team has been established to focus on the development of specialized machines aimed at improving efficiency and reducing costs in the new energy vehicle sector [2]. Technological Advancements - The company has developed a series of CNC horizontal lathes tailored for the humanoid robotics industry, featuring a 30-degree inclined bed structure and modular design to meet high-precision processing requirements [4]. Financial Performance - For the period from January to March 2025, Nuwei CNC reported a revenue of 569 million yuan, representing a year-on-year growth of 3.80%, while the net profit attributable to shareholders decreased by 11.78% to 61.36 million yuan [9].

Group 1 - The core business of the company is the research, production, and sales of mid-to-high-end CNC machine tools, with a strong presence in the domestic CNC metal cutting machine tool segment [2] - The company achieved a revenue of 2.462 billion yuan in the latest annual report for 2024, representing a year-on-year increase of 6.08%, and a net profit of 325 million yuan, up 2.36% year-on-year, with a gross profit margin of 23.68% [2] - As of March 31, 2025, the company had 11,793 shareholders, a decrease of 431 from the previous period, with an average holding value of 352,800 yuan and an average holding quantity of 27,600 shares [1] Group 2 - The company's current rolling price-to-earnings (PE) ratio is 18.07, compared to the industry average PE of 72.67 and the industry median of 38.21, ranking 57th in the general equipment industry [1][3] - The company has participated in seven projects under the national key technology project "High-end CNC Machine Tools and Basic Manufacturing Equipment," serving as the leading unit in one of the projects [2] - The company is positioned in the first tier of the CNC metal cutting machine tool sub-industry in China, indicating strong technical capabilities [2]