9月16日，深圳市铭利达精密技术股份有限公司接待了国健安基金、汇垠澳丰基金等18家机构的特定对 象调研，活动在公司展厅及会议室展开，董事、董事会秘书杨德诚先生与证券事务代表张后发先生参与 接待。 本次投资者关系活动分为现场参观与现场交流两部分。在现场参观环节，接待人员引领投资者参观公司 展厅，并详细介绍了公司所处行业情况、业务模式、市场情况及核心竞争力等内容。 点击查看公告原文>> 责任编辑：小浪快报 在现场交流环节，公司就投资者提出的多个关键问题进行了回复： 1.经营绩效与财务状况：公司中报营 业收入增长显著，扭亏为盈趋势向好且出现去库存拐点，但毛利率有所下降，经营现金流为负。公司整 体营业收入同比增长，销售增长及产能利用率提升使整体费用率占比降低，内部加强费用管控，上半年 三费金额及占比同比下降，预计未来利润率将持续改善。 2.主营业务情况：公司主营业务聚焦精密结构 件及模具研发生产，形成多工艺一体化制造体系。上半年，压铸和注塑业务因销售增长毛利率改善；型 材冲压业务销售持平，但因资产规模增加、折旧及制造费用上升等因素，毛利率下降。公司多数为核心 客户的核心供应商之一，随着项目放量，订单有望持续增长。 3 ...

Investment Rating - The investment rating for the company is "Accumulate" [6] Core Views - The company has shown significant profit recovery in the second quarter, driven primarily by its electric vehicle (EV) business, leading to an overall improvement in the first half of the year [1] - The company's main business areas include electric vehicles, photovoltaic energy storage, and security, with a stable layout in these sectors [2] - The electric vehicle segment has rapidly grown and has become the largest business segment for the company [3] - The company has initiated strategic cooperation in robotics to accelerate industrialization, focusing on artificial intelligence and humanoid robots [4] - Revenue forecasts for 2025-2027 are projected at 3.5 billion, 4.3 billion, and 5.2 billion yuan respectively, with net profits expected to be 30 million, 150 million, and 360 million yuan [4] Summary by Sections Financial Performance - In the first half of 2025, the company achieved revenue of 1.526 billion yuan, a year-on-year increase of 37.95%, with a net profit loss of 31.74 million yuan, significantly narrowing compared to the previous year [1] - The second quarter revenue reached 871 million yuan, a year-on-year increase of 58.07%, and a quarter-on-quarter increase of 32.87%, with a net profit of 12.24 million yuan [1] - The gross margin and net margin for the second quarter improved to 11.74% and 1.41% respectively, indicating a significant enhancement in profitability [1] Business Segments - The company has a diversified manufacturing system that includes die-casting, injection molding, profile, and stamping, focusing on precision structural components and molds [2] - The electric vehicle business has seen a continuous increase in new customers and projects, contributing to its status as the largest segment of the company's revenue [3] - The photovoltaic business is recovering as downstream inventory levels normalize, while the energy storage segment is experiencing significant growth due to overseas demand expansion [2] Strategic Initiatives - The company has signed a strategic cooperation agreement with the Zhongguancun Robot Industry Innovation Center to develop capabilities across the entire value chain from technology research and development to precision manufacturing [4] - Investments in overseas production bases in Mexico and Hungary are aimed at supporting the growth of the robotics business [4]