答：公司前三季度累计实现营业收入77,492.44万元，同比增长34.21%；归属于母公司股东的净利润 12,125.70万元，同比增长175.35%；扣除非经常性损益的净利润11,585.37万元， 同比增长199.57% 。 其 中，第三季度单季营业收入32,130.63万元，同比增长47.40%；归属于母公司股东的净利润为5,411.50万 元，同比大幅增长227.15%，单季收入与利润均创历史新高。 泉果基金Q2 、请简要介绍公司营业收入同比增长较快的原因答：报告期内，公司营业收入实现增长， 主要系锡膏印刷设备验收金额同比增加所致。 近年，下游电子制造行业中电子装联设备需求主要受到以下因素影响: 根据披露的机构调研信息2025年11月13日至2025年11月17日，泉果基金对上市公司凯格精机进行了调 研。 基金市场数据显示，泉果基金成立于2022年2月8日。截至目前，其管理资产规模为237.87亿元，管理基 金数6个，旗下基金经理共5位。旗下最近一年表现最佳的基金产品为泉果旭源三年持有期混合A （016709），近一年收益录得37.57%。 截至2025年11月17日，泉果基金近1年回报前9非货币基金 ...

南财智讯11月18日电，凯格精机在投资者关系活动中表示，公司锡膏印刷设备、点胶设备及柔性自动化 设备广泛应用于电子装联环节，客户涵盖富士康、立讯精密、华为、比亚迪、京东方、海康威视等行业 龙头企业，积累了优质客户资源并形成品牌优势。公司拥有全球注册商标"GKG"，产品销往五十多个 国家和地区，并通过新加坡子公司GKGASIA在马来西亚、越南、印度、墨西哥等电子产业集中区域设 立海外服务网点，强化本地技术支持能力。 ...

| 3、请问公司产品主要应用在哪些行业中？公司产品处于行 | | --- | | 业什么地位，技术壁垒如何？ | | 答：公司主要从事自动化精密装备的研发、生产、销售及技 | | 术支持服务，主要产品为锡膏印刷设备、点胶设备、封装设 | | 备和柔性自动化设备。其中，锡膏印刷设备、点胶设备及柔 | | 性自动化设备应用于电子工业制造领域的电子装联环节。电 | | 子装联下游以电子产品制造商为主，一般用到PCB、FPC和电 | | 子元器件的地方均会涉及到电子装联。 | | 公司是国家级高新技术企业，荣获国家制造业单项冠军企业 | | 、专精特新"小巨人"企业，公司的锡膏印刷设备技术能力 | | 已达到或超越国际顶尖厂商水平，固晶设备在芯片小型化趋 | | 势上设备效率及稳定性的具有竞争优势，点胶设备通过技术 | | 的积累及产品的迭代升级，产品竞争力不断提升。 | | 4、公司主要的客户优势是什么？ | | 答：锡膏印刷设备属于SMT及COB产线的关键核心设备,对 | | 产品的良率有重大影响，因此具有一定的客户粘性。公司产 | | 品性能已达到或超越国际顶尖厂商水平，获得了包括富士康 | | 、立讯精密、华 ...

Summary of Keg Precision Machinery Conference Call Company Overview - Keg Precision Machinery has a diverse application base with consumer electronics accounting for 33%, automotive electronics and network servers each at 20%, and home appliances, medical devices, and semiconductors at 27% [2][4][10] - The company holds over 30% of the global market share and 50%-60% of the domestic market share [2][4] Key Insights and Arguments - **Growth in AI Server Demand**: The company’s printing equipment segment is expected to grow by 60%-70% this year, generating nearly 300 million yuan in revenue, driven by the demand for AI servers [2][5] - **Profitability Improvement**: The overall gross margin is projected to improve by 10 percentage points, with profits increasing by approximately 200% year-on-year [2][5] - **Product Segmentation**: Laser printing equipment now constitutes 60%-70% of total revenue, with a focus on high-margin products for AI servers and 5G base stations [5][6] - **Inventory and Orders**: As of Q3 2025, the company has approximately 1.1 billion yuan in orders, with 490 million yuan in finished goods and 156 million yuan in contract liabilities [6][9] Industry Dynamics - **Market Position**: Keg Precision Machinery is the global leader in stencil printing equipment, with a market share of about 30% and significant competition from ASMPT and IGW [4][10] - **Future Growth Potential**: The company anticipates continued growth in the stencil printing and dispensing equipment sectors, with annual growth rates of 30%-50% expected over the next 3-5 years [2][8] Additional Important Information - **Export Performance**: Exports, primarily to Southeast Asia and Mexico, have doubled year-on-year, accounting for about 20% of total revenue, with higher gross margins compared to domestic sales due to product structure and pricing differences [2][12] - **Gross Margin Trends**: The overall gross margin is expected to stabilize above 40% and gradually increase, with specific improvements noted in the packaging business [3][13] - **Cash Flow Management**: The company has a manageable accounts receivable situation, with most clients paying within 60 to 90 days, although some long-term accounts may impact cash flow [14] Conclusion Keg Precision Machinery is well-positioned in the market with strong growth prospects driven by AI server demand and a diversified product portfolio. The company’s focus on high-margin products and international expansion, coupled with effective cash flow management, supports its positive outlook for the coming years.

11月12日，广东东莞市凯格精机（301338）股份有限公司（下文简称"凯格精机"）发布"关于收到高级管理人员被采取强制措施的公 告"称，公司收到总经理邓迪的通知，因涉嫌危险驾驶，邓迪可能判处管制、拘役或者独立适用附加刑，根据《中华人民共和国刑事诉 讼法》，东莞市公安局决定对其取保候审，邓迪目前可正常履职。 凯格精机表示，公司及邓迪就此事带来的不良影响，向广大投资者致以诚挚的歉意。目前，公司生产经营情况正常，各项工作有序开 展。 早前，凯格精机收到广东证监局下发的相关决定，公司存在违规行为，被证监会责令改正，并出具警示函。根据公告，凯格精机IPO募 资违规用于发放工资，共涉及金额合计约3214万元，该公司被监管追责，董事长等4人被警示。 凯格精机成立于2005年，是一家专注于高端精密自动化装备的研发、生产、销售及工艺方案的提供商。该公司产品主要涵盖表面贴装技 术（SMT）及系统级封装（SIP）两大领域，产品包含锡膏印刷设备、点胶设备、封装设备和柔性自动化设备，广泛应用于消费电子、 网络通信、高端显示、照明应用、新能源、航天军工以及半导体等多个行业。公司于2022年8月在深交所创业板上市。 业绩方面，凯格精机今 ...

11月12日，东莞市凯格精机股份有限公司 （凯格精机 ）发布公告称，公司收到总经理邓迪的通知， 因涉嫌危险驾驶， 邓迪可能判处管制、拘役或者独立 适用附加刑，根据《中华人民共和国刑事诉讼法》，东莞市公安局决定对其取保候审，邓迪目前可正常履职。 凯格精机表示，公司及邓迪就此事带来的不良影响，向广大投资者致以诚挚的歉意。目前，公司生产经营情况正常，各项工作有序开展。 邓迪。图源：凯格精机 值得一提的是，今年10月，凯格精机还因违规使用IPO募集资金收到监管措施决定书。早前，凯格精机收到广东证监局下发的相关决定，公司存在违规行 为，被证监会责令改正，并出具警示函。根据公告，凯格精机IPO募资违规用于发放工资，共涉及金额合计约3214万元，该公司被监管追责，董事长等4 人被警示。 凯格精机成立于2005年，是一家专注于高端精密自动化装备的研发、生产、销售及工艺方案的提供商。该公司产品主要涵盖表面贴装技术（SMT）及系 统级封装（SIP）两大领域，产品包含锡膏印刷设备、点胶设备、封装设备和柔性自动化设备，广泛应用于消费电子、网络通信、高端显示、照明应用、 新能源、航天军工以及半导体等多个行业。公司于2022年8月在深交 ...

格隆汇11月13日丨凯格精机(301338.SZ)在互动平台表示，公司秉承着"卓越品质是价值与尊严的起点， 满足客户是创新与发展的源泉"的价值理念，始终将技术创新作为公司可持续发展的核心。目前，公司 正计划设立SIP封装事业部，专注于半导体封装领域，推出创新产品，寻求新的增长点。该事业部将提 供包括印刷设备、植球设备、点胶设备在内的多种专用设备，并已着手研发面向第三代半导体的SiC晶 圆老化测试设备和KGD芯片分选设备。未来，我们将持续加大对泛半导体及半导体领域产品的资源投 入，着力提升新产品的开发能力和市场拓展能力，以赢得更广阔的市场空间。 ...

Core Viewpoint - The company, Kaige Precision Machinery (301338.SZ), is recognized as a national high-tech enterprise and has received several prestigious titles, indicating its strong position in the manufacturing sector [1] Group 1: Company Achievements - The company has been awarded the title of "National Manufacturing Single Champion Enterprise" and "Specialized and Innovative 'Little Giant' Enterprise," showcasing its excellence in specific manufacturing areas [1] - The technology capabilities of the company's solder paste printing equipment have reached or surpassed those of top international manufacturers [1] Group 2: Product Competitiveness - In the field of die bonding equipment, the company has demonstrated significant competitive advantages in efficiency and stability, aligning with the trend of chip miniaturization [1] - The company's dispensing equipment has seen continuous improvement in market competitiveness due to its customer resource advantages and ongoing technological advancements [1] Group 3: Innovation and Development - In the flexible automation equipment sector, the company has developed an 800G optical module automation assembly line, which has gained recognition from globally renowned clients [1] - Building on this success, the company has introduced a new product line for 1.6T optical module automation assembly, targeting higher specifications [1] - The company is committed to a research and development strategy that emphasizes a "shared technology platform + multiple products + multiple fields," aiming to transition from being a single "champion" to multiple "champions" in various sectors [1]

Core Viewpoint - The company, Kaige Precision Machinery (301338.SZ), is recognized as a national high-tech enterprise and has received multiple honors, including "National Manufacturing Single Champion Enterprise" and "Specialized and Innovative 'Little Giant' Enterprise" [1] Group 1: Technology and Product Development - The company's solder paste printing equipment technology has reached or surpassed the level of top international manufacturers [1] - In the field of die bonding equipment, the company has demonstrated significant competitive advantages in efficiency and stability, aligning with the trend of chip miniaturization [1] - The company's dispensing equipment has seen continuous improvement in market competitiveness through ongoing technological accumulation and product iteration, leveraging its customer resource advantages [1] Group 2: Automation and Market Recognition - In the flexible automation equipment sector, the company's 800G optical module automation assembly line has gained recognition from globally renowned clients [1] - Building on this success, the company has launched a new product line for the 1.6T optical module automation assembly, targeting higher specifications [1] Group 3: Strategic Vision - The company is committed to implementing a "shared technology platform + multiple products + multiple fields" research and development layout, aiming to transition from being a single "single champion" to multiple "single champions" [1]

警惕！董事、高管涉嫌危险驾驶的案例不少 11月12日晚，凯格精机（SZ301338，股价60.88元，市值64.78亿元）披露，公司收到总经理邓迪的通 知：因涉嫌危险驾驶，邓迪可能被判处管制、拘役或者独立适用附加刑，根据《中华人民共和国刑事诉 讼法》，东莞市公安局决定对其取保候审。凯格精机称，邓迪目前可正常履职。 《每日经济新闻》记者留意到，邓迪生于1983年，现年42岁，是凯格精机的"老将"。公开资料显示，他 自2006年起便在凯格精机任职。 记者获悉，近年，国内也有不少上市公司的董事、高管因涉嫌危险驾驶被采取强制措施。 上月，他刚升任公司总经理 凯格精机是东莞的一家上市公司，主要产品为锡膏印刷设备、封装设备、点胶设备等，下游客户包括 LED照明与显示企业、半导体芯片封装企业等。 11月12日晚，凯格精机公告了邓迪因涉嫌危险驾驶，可能被判处管制、拘役或者独立适用附加刑的消 息。公司表示，公司及邓迪就此事带来的不良影响，向广大投资者致以诚挚的歉意，公司今后将进一步 强化董事、高级管理人员及全体员工的法律意识，督促公司全体人员在工作和生活中加强自我约束，严 格遵守国家法律法规和公司各项规章制度，切实履行遵纪守法 ...