乔锋智能（301603.SZ）1月5日在投资者互动平台表示，公司主营业务为数控机床研产销，数控机床产 品中龙门加工中心、卧式加工中心、立式加工中心等机型，可用于加工飞机机身结构件、起落架部件、 发动机零件等多种精密金属零部件。公司重视数控机床产品在航空航天领域业务的发展机会，但目前其 在公司收入结构中占比较小，对公司业绩影响亦较小。 每经AI快讯，有投资者在投资者互动平台提问：贵公司在商业航空相关业务中有哪些优势产品和成 就，并且有没有相关规划继续加大此方面的研发和拓展业务。 （记者 王瀚黎） ...

人民财讯1月2日电，乔锋智能日前在机构调研时表示，公司高度关注液冷散热（含新能源汽车、AI服 务器）、机器人、航空航天等下游新兴领域机会。当前，AI服务器算力密度提升，功耗激增，需要更 高的散热效率和效果，因此对液冷散热需求快速提升；新能源汽车亦需依托液冷技术升级电池热管理。 液冷散热核心部件如液冷板、接插头需要数控机床加工，且对加工的"精度、效率"要求较高，对此，公 司依托高速钻攻中心、立式加工中心、数控车床等产品，针对性调整设备参数适配相关加工需求，更好 匹配客户加工场景，有效满足客户液冷散热核心部件的精密加工需求。 转自：证券时报 ...

证券代码：301603 证券简称：乔锋智能 （3）营销优势：公司根据产品特性和客户分布，灵活采用直销 与经销相结合的销售模式。对于华南、华东等客户群体相对集中的区 域，采用直销模式，能够直接与客户沟通，精准把握客户需求，提高 销售效率和利润空间，扩大市场占有率；针对客户分布较为分散的区 域，采用经销模式，借助经销商的渠道资源和本地化服务能力，扩大 市场覆盖范围，降低销售覆盖成本。 乔锋智能装备股份有限公司 2025 年 12 月 30 日投资者关系活动记录表 编号：2025-014 | 投资者关 | 特定对象调研 分析师会议 | | --- | --- | | 系活动类 | 媒体采访 业绩说明会 | | 别 | 新闻发布会 路演活动 | | | 现场参观 其他：电话会议 | | 参与单位 | 光大证券 人、诺安基金 人。 | | 名称 | 2 1 | | 时间 | 年 月 日 10:00-12:30。 2025 12 30 | | 地点 | 公司会议室 | | 上市公司 | 1、副总经理、董事会秘书：陈地剑 | | 接待人员 | 2、证券事务代表：王璐 | | 姓名 | 3、证券事务专员：汪泳 ...

12月30日，乔锋智能涨2.00%，成交额1.92亿元。两融数据显示，当日乔锋智能获融资买入额3389.35万 元，融资偿还2585.45万元，融资净买入803.90万元。截至12月30日，乔锋智能融资融券余额合计2.30亿 元。 融资方面，乔锋智能当日融资买入3389.35万元。当前融资余额2.30亿元，占流通市值的7.91%，融资余 额超过近一年90%分位水平，处于高位。 融券方面，乔锋智能12月30日融券偿还0.00股，融券卖出600.00股，按当日收盘价计算，卖出金额4.61 万元；融券余量3000.00股，融券余额23.07万元，超过近一年90%分位水平，处于高位。 资料显示，乔锋智能装备股份有限公司位于广东省东莞市常平镇园华路103号，成立日期2009年5月5 日，上市日期2024年7月10日，公司主营业务涉及数控机床研发、生产及销售。主营业务收入构成为： 立式加工中心83.81%，其他(补充)9.19%，卧式加工中心2.95%，龙门加工中心2.57%，其他数控机床 1.48%。 截至9月30日，乔锋智能股东户数1.29万，较上期增加21.90%；人均流通股2921股，较上期增加 28.16%。2 ...

证券日报网12月18日讯创世纪（300083）在12月17日回答调研者提问时表示，目前，机器人、低空经 济、人工智能等新兴经济领域在国家大力支持下利好政策频出，产业化进程速度加快。在新兴市场领 域，公司以"市场需求+技术创新"双轮驱动，根据市场态势及客户需求持续推进技术创新和产品研发， 为满足人形机器人领域相关的传感器、关节部件、外框与骨架、灵巧手部件、谐波减速器核心零部件等 结构件的精密加工，低空经济领域相关飞行器机身结构件、发动机关键零部件、螺旋桨叶片、动力系统 零部件等结构件的精密加工，AI硬件相关的CPU/GPU散热器、芯片制造设备等结构件的精密加工，公 司对现有钻铣加工中心、立式加工中心、数控车床、五轴联动加工中心等产品进行了个性化改制和升 级，并推出多款定制化产品。由于人形机器人、AI硬件等领域的业态模式，公司此前覆盖的3C、汽配 等领域客户都是相关产业链中的重要组成部分，具备良好的客户积累和先发优势。公司密切关注新兴经 济领域的发展新动向，积极开拓市场，目前已与人形机器人、低空经济、AI硬件等领域相关产业客户 及其外发厂商展开合作，为公司经营业绩带来了新的增长点。 ...

Core Viewpoint - The company is undergoing a board restructuring to enhance governance and strategic direction, with a focus on integrating diverse expertise in sales, technology, and law to support its growth trajectory [1][2]. Group 1: Board Restructuring - The company announced a board restructuring, proposing candidates with diverse backgrounds to strengthen governance [1]. - The nominated candidates include key figures from sales and technology, indicating a strategic focus on enhancing operational capabilities [1]. - The upcoming shareholder meeting on December 15 will address the election of the new board members [1]. Group 2: Strategic Focus and Performance - The controlling shareholder, Xia Jun, has led the company to focus on high-end CNC machine tools, achieving significant revenue growth [2]. - As of Q3 2025, the company reported revenues of 3.826 billion and a net profit of 348 million, reflecting year-on-year growth rates of 16.80% and 72.56% respectively [2]. - The company has successfully restructured its business by divesting from precision components and concentrating on core CNC machine tool operations [2]. Group 3: Employee Incentive Plans - The company has introduced an employee stock ownership plan to align interests between employees and shareholders, fostering long-term commitment [3]. - A previous restricted stock incentive plan was initiated, with 13 million shares granted to key personnel, aimed at enhancing performance in high-end intelligent equipment [3]. - The dual incentive systems are designed to strengthen the company's governance structure and support sustainable growth [3].

11月18日，乔锋智能跌1.80%，成交额9438.16万元。两融数据显示，当日乔锋智能获融资买入额 1315.49万元，融资偿还1750.15万元，融资净买入-434.66万元。截至11月18日，乔锋智能融资融券余额 合计2.19亿元。 融资方面，乔锋智能当日融资买入1315.49万元。当前融资余额2.19亿元，占流通市值的8.05%，融资余 额超过近一年80%分位水平，处于高位。 融券方面，乔锋智能11月18日融券偿还0.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0.00 元；融券余量0.00股，融券余额0.00元，超过近一年90%分位水平，处于高位。 责任编辑：小浪快报 资料显示，乔锋智能装备股份有限公司位于广东省东莞市常平镇园华路103号，成立日期2009年5月5 日，上市日期2024年7月10日，公司主营业务涉及数控机床研发、生产及销售。主营业务收入构成为： 立式加工中心83.81%，其他(补充)9.19%，卧式加工中心2.95%，龙门加工中心2.57%，其他数控机床 1.48%。 截至9月30日，乔锋智能股东户数1.29万，较上期增加21.90%；人均流通股2921股，较上期增加 28 ...

Investment Rating - The report assigns a "Buy" rating for the company with a target price of 123.50 CNY, based on a current price of 75.54 CNY and a target timeframe of 12 months [1]. Core Insights - The company, Qiaofeng Intelligent Equipment Co., Ltd., is recognized as a national-level specialized and innovative "little giant" enterprise in the high-end CNC machine tool sector, with a comprehensive layout across the entire industry chain [6][15]. - The company has demonstrated robust growth in revenue and profit, with a projected revenue of 1.76 billion CNY in 2024, reflecting a year-on-year increase of 21.02%, and a net profit of 205.24 million CNY, also up by 21.33% [8][41]. - The demand in the terminal market is continuously releasing, which is driving the company's steady growth in performance [41]. Summary by Sections Company Overview - Qiaofeng Intelligent was established in 2009 and focuses on the R&D, production, sales, and service of high-end CNC machine tools, serving various industries including automotive, aerospace, and consumer electronics [15][19]. - The company has over 200 patented technologies and a diverse product range that meets the varied needs of its clients [19][20]. Market Demand and Performance - The company has seen a significant increase in performance, with a revenue of 1.87 billion CNY in the first three quarters of 2025, marking a year-on-year growth of 56.71% [41]. - The growth is attributed to the continuous improvement in downstream industry conditions and the successful introduction of new products [41]. Financial Forecast - The financial projections indicate a revenue increase to 2.49 billion CNY in 2025, with a growth rate of 41.25%, and a net profit of 382.57 million CNY, reflecting an 86.40% increase [8][9]. - The report anticipates that the company's earnings per share (EPS) will reach 3.17 CNY in 2025, with a price-to-earnings (P/E) ratio of 23.84 [8][9]. Industry Trends - The rapid development of AI and the consumer electronics industry is expected to support the company's performance, with global smartphone shipments projected to increase by 1% in 2025 [6][41]. - The growth of the new energy vehicle sector, driven by advancements in smart driving and solid-state batteries, is also anticipated to boost equipment demand [41][42]. Strategic Initiatives - The company is actively expanding into the humanoid robot market, with a forecasted global market size of 63.39 billion CNY by 2025 [9][41]. - Collaborations with universities and other companies are enhancing the company's technological capabilities and market reach [19][20].

Core Viewpoint - The company is actively engaging in the humanoid robot sector, focusing on innovation and product development to meet market trends and customer demands [1] Company Summary - The company has established partnerships with clients in the robotics field and their component manufacturers [1] - It is committed to providing competitive products and solutions for target market customers [1] - The company specializes in high-end equipment manufacturing, particularly in CNC machine tools [1] Industry Summary - Humanoid robots integrate advanced technologies such as artificial intelligence, high-end manufacturing, precision machinery, and sensing technology, positioning them as key drivers of future industrial transformation and social services [1] - Major global tech companies like Tesla and Amazon are increasing investments in humanoid robots, while domestic initiatives are promoting the "robot+" application, indicating a shift from experimental to commercial applications in the humanoid robot industry [1] - The humanoid robot industry presents significant market potential, attracting attention from upstream and downstream enterprises within the industry chain [1] - The company’s products, including drilling and milling centers, vertical machining centers, and five-axis machining centers, are suitable for precision processing of core components in humanoid robots [1] - The company aims to leverage its expertise in precision manufacturing to penetrate the high-growth, high-value humanoid robot industry chain [1]

Core Viewpoint - The company identifies the general field as a key driver for business growth, particularly in the humanoid robotics sector, focusing on precision machining of core components [2] Group 1: Business Growth and Strategy - The company's products, including drilling and milling centers, vertical machining centers, and five-axis machining centers, are essential for the precision processing of components used in humanoid robots [2] - The general field business is showing a multi-faceted growth trend, enhancing the company's anti-cyclical capabilities and laying a solid foundation for expansion [2] - The company is closely monitoring trends in the humanoid robotics field and will continue to innovate in technology and product development to meet market demands [2]