【建投机械】# 海目星：Micro LEDCPO方案核心受益设备商—0305 【建投机械】# 海目星：Micro LEDCPO方案核心受益设备商—0305 事件：数据中心对高速传输需求持续提升，Micro LEDCPO方案在数据中心互连场景中展现出的极致节能效果，功 耗仅为铜缆方案的5%，# 有望凭借节能优势成为光互连替代方案。 布局：# 海目星深度布局四款Micro LED关键设备，助力CPO光互连产业化：①# 巨量转移设备 实现高速定位、精 准对位及激光工 布局：# 海目星深度布局四款Micro LED关键设备，助力CPO光互连产业化：①# 巨量转移设备 实现高速定位、精 准对位及激光工艺突破；②# 巨量焊接设备 完成G2.5代面板开发并实现小批量量产；③# 激光修复设备 攻克芯片 去除、焊盘整平、芯片焊接等关键技术瓶颈；④携手福州大学突破Micro LED# 巨量检测技术，填补行业空白。 其他：①公司25年新签订单近100e，26年展望超130e，1-2月已完成20e+，# 订单完成度高且毛利率逐步提升； ②# 算力设备对接顺利，涉及良率提升、PCB打孔、液冷微通道盖板等多款，26年订单有望超亿元。 观 ...

Core Viewpoint - The company, HaiMuxing Laser Technology Group Co., Ltd., is committed to enhancing operational quality and returning value to shareholders through its "Quality Improvement, Efficiency Enhancement, and Return to Shareholders" action plan for 2025, focusing on innovation and market leadership in laser and automation technology [1][9]. Group 1: Business Development and Innovation - The company specializes in high-end non-standard intelligent equipment, aiming to become a global leader in laser and automation technology innovation, with a focus on lithium batteries, consumer electronics, and photovoltaic sectors [1]. - The company has developed solid-state battery equipment, becoming the first in the industry to pursue both "oxide + lithium metal anode" and "sulfide + silicon-carbon anode" technology routes [1][2]. - In the liquid lithium battery manufacturing sector, the company has made breakthroughs in laser surface treatment, drying, and roller cleaning technologies, significantly improving battery performance and reducing energy consumption [2]. - The company has achieved a 130% increase in output and a 75% reduction in labor demand through the development of an automated insulin pump production line in the medical device sector [3]. - The company has introduced the industry-first TOPCon laser thinning equipment, enhancing solar cell efficiency and securing bulk orders from clients [3]. Group 2: R&D and Technological Advancements - The company has maintained high levels of R&D investment, with 188 new patents granted in the first half of 2025, bringing the total to 1,102 patents [5]. - The company has made significant advancements in traditional laser equipment, with a 174.7% increase in orders for its high-speed laser cutting machines in the sheet metal sector [4]. - The company has collaborated with Fuzhou University to develop the first domestic wafer-level non-contact electroluminescence detection prototype, addressing key challenges in Micro LED detection technology [5]. Group 3: Corporate Governance and Investor Relations - The company is restructuring its governance by preparing to abolish the supervisory board and enhancing the roles of independent directors to improve decision-making capabilities [6]. - The company emphasizes compliance and responsibility among its key personnel, implementing regular training to enhance awareness and capabilities [6]. - The company has outlined a profit distribution plan for 2024, which includes no cash dividends or stock bonuses, focusing on long-term sustainable value for shareholders [7]. - The company has conducted various investor engagement activities, including performance briefings and investor roadshows, to strengthen communication and enhance market perception [8].