Core Viewpoint - The company is accelerating its overseas business expansion, with a significant increase in overseas sales contracts, reflecting the rise of China's "industrial mother machine" and its contribution to the global manufacturing transformation [1][7]. Group 1: Company Overview - Kunming Machine Tool, a key player in the machine tool industry, has transitioned from a long period of losses to profitability in 2023, marking a new development phase after its integration into the General Technology Group [2][3]. - The company has a product matrix primarily focused on precision boring and milling machines, which are crucial for high-end equipment manufacturing [2]. Group 2: Financial Performance - After joining the General Technology Group, Kunming Machine Tool ended a decade-long loss streak and achieved operational profitability in 2023 [2][3]. - The company has secured over 3 billion yuan in contract orders by focusing on key clients and addressing their processing challenges [7]. Group 3: Innovation and R&D - The company maintains a research and development investment ratio of around 5% of its revenue, with plans to invest over 400 million yuan in technological upgrades in 2024 [4][5]. - Self-research rate for key components has reached 70%, with a focus on overcoming technological barriers posed by foreign competitors [6]. Group 4: Market Expansion - Kunming Machine Tool is actively expanding into emerging markets and has achieved overseas sales contracts exceeding 100 million yuan for the first time in 2024, covering markets such as the USA, South Korea, and Australia [7][8]. - The company aims to leverage its geographical advantages to establish a foothold in Southeast Asia's machine tool market [8]. Group 5: Industry Challenges - The machine tool industry faces challenges such as low-end competition and a lack of high-end products, necessitating a push for market regulation and innovation [8]. - There is a pressing need for collaboration between industry and academia to address the talent crisis and foster technological innovation [8].

Core Viewpoint - The company is accelerating its overseas business expansion, achieving significant sales contracts in international markets, reflecting the rise of China's "industrial mother machine" and its contribution to global manufacturing transformation [1][6]. Group 1: Company Overview - Kunming Machine Tool, a key player in the machine tool industry, has transitioned from a period of losses to profitability, marking a new development phase after its integration into the General Technology Group [2][3]. - The company has a product matrix primarily focused on precision boring and milling machines, which are crucial for high-end equipment manufacturing [2]. Group 2: Financial Performance - In 2023, the company ended a decade-long loss streak and achieved operational profitability [2][3]. - The overseas sales contract amount exceeded 100 million yuan for the first time in 2024, indicating strong international market performance [6]. Group 3: Strategic Initiatives - The company has implemented a strategy of divesting non-core and less profitable businesses, focusing on its main operations in precision boring and milling machines [3]. - Organizational management reforms have been introduced, including dynamic performance assessments for leadership, enhancing the company's operational vitality [3]. Group 4: Innovation and R&D - The company maintains a research and development investment ratio of around 5% of revenue, with plans to invest over 400 million yuan in technological upgrades by 2024 [4][5]. - Self-research rate for key components has reached 70%, with a focus on overcoming technological barriers in high-end machine tools [5]. Group 5: Market Expansion - The company is actively exploring new growth points in traditional markets such as wind power, mold processing, and engineering machinery, securing over 300 million yuan in contract orders [6]. - Plans are in place to establish a stronghold for machine tool sales in Southeast Asia, aiming to rank among the top machine tool manufacturers globally by 2030 [7].

● 本报记者 李嫒嫒 深耕主业扭亏为盈 机床是制造机器的机器，被誉为"现代工业的心脏"，其技术水平关乎国家高端装备制造能力，是体现国 家综合实力的重要基础性产业。昆明机床正是生产机床的企业，经过多年的发展，形成了以精密镗铣床 为主的系列产品矩阵。 作为老牌制造企业，昆明机床的发展充满坎坷，曾与上海机床厂并称为机床工业的两颗明珠，在上世纪 九十年代率先成为A+H股上市公司，然而受市场竞争加剧等多重因素影响，昆明机床在发展中逐渐掉 队。 2022年通用技术集团实施战略重整，拥有多年高端机床精密制造经验的昆明机床也因此迎来了涅槃重生 的机会，成为通用技术集团高端机床板块的重要成员。 "自从我们加入通用技术集团，尤其是公司2023年整体从老厂区搬迁至杨林新基地后，进入了新的发展 阶段。"王鹤介绍，2023年公司结束了长达十年的亏损期，实现经营性盈利。 "这台两层楼高的大型落地式铣镗床即将出口，这两年我们的设备也在加速走向海外，去年海外市场销 售合同额突破1亿元。"通用技术昆明机床董事长王鹤日前在接受中国证券报记者专访时表示，公司正加 快海外业务拓展。 王鹤表示，通用技术昆明机床（简称"昆明机床"）在海外市场崭露头角， ...