Group 1 - The company has made significant progress in the robotics sector, particularly with its small five-axis products designed for complex part processing [1] - The small five-axis products have achieved market recognition due to their excellent processing performance, successfully meeting the needs for precision components in humanoid robot sensors, joints, frames, and core parts like harmonic reducers [1] - The company is actively seizing market opportunities by expanding its customer base and systematically identifying key clients and industry chain resources [1] Group 2 - The company develops differentiated custom models based on material characteristics and processing needs, providing comprehensive support for customer testing [1] - The robotics sector primarily focuses on small-batch customized production, characterized by rapid industry updates and technological barriers that create premium pricing opportunities [1] - This sector has demonstrated superior profitability compared to traditional industries, becoming a new engine for the company's profit growth [1]

Group 1: Core Business Highlights - The 3C sector has entered a stable growth phase since September 2023, with steady increases in shipment volumes driven by four key factors [2][3]. - Key brand clients are actively launching new products, particularly foldable smartphones, which are stimulating market demand [3]. - Innovations in the consumer electronics industry are prompting a new wave of product updates, leading to increased production capacity needs from downstream clients [3]. - Material innovations, such as the rising penetration of titanium alloy frames, are driving demand for upgraded processing equipment [3]. Group 2: Future Growth Potential - The 3C sector's growth potential is supported by multiple favorable factors, including material innovations and the rise of AI hardware [3]. - The demand for AI-related products, such as AI glasses and wearables, is increasing, with domestic manufacturers starting large-scale production [3]. - The replacement demand for existing equipment is intensifying, as many 3C devices have reached their replacement cycle [3]. - The domestic market is seeing a continuous increase in the rate of domestic substitution, enhancing market share [3]. Group 3: Liquid Cooling and Computing Power - The domestic liquid cooling and computing power sectors are experiencing a peak in expansion, with strong demand for efficient processing equipment [4]. - The company is responding to market changes by innovating and upgrading products, including specialized machines for large-scale processing needs [4]. - The company has successfully captured high-end market share by offering cost-effective alternatives to imported five-axis equipment [4]. Group 4: Robotics Sector Expansion - The company has made significant strides in the robotics sector, developing customized five-axis products that meet the complex processing needs of robotic components [4]. - The market demand for robotics is strong, and the company is actively expanding its customer base and developing differentiated machine models [4]. Group 5: Precision Processing in Low-altitude Economy - The company is focusing on precision processing needs in the low-altitude economy, successfully developing capabilities for key components of aircraft and engines [5]. - The company is providing customized processing solutions, broadening its core business applications and growth opportunities [5]. Group 6: Financial Performance and Profitability - The company's net profit margin has significantly improved since 2025, driven by strong downstream demand and scale effects [9]. - The overseas business has contributed positively to the overall gross margin, with effective cost management enhancing operational efficiency [9]. - The company is implementing measures to improve operational quality, including optimizing procurement and production processes [9]. Group 7: Overseas Expansion and Market Strategy - The company is actively expanding into overseas markets, including Vietnam, Indonesia, and Turkey, to leverage local resources and reduce operational costs [10]. - The establishment of overseas production bases is aimed at enhancing service quality and competitiveness in global markets [10]. - The company is focusing on high-value-added products and high-margin overseas markets to further improve gross margins [10]. Group 8: Investment Strategy - The company has elevated its industrial investment strategy to enhance competitiveness and profitability, focusing on high-end CNC machine tools and intelligent control systems [10]. - The company is seeking excellent investment targets to break through core technology bottlenecks and reduce reliance on imports [10].