（编辑 袁冠琳） 证券日报网讯 固高科技9月15日发布公告，在公司回答调研者提问时表示，数控机床的业务在整体上确 实有规模大但毛利不高的一面，但另一方面，中国一直是全球高端机床、高端数控系统的最大市场。在 微纳精度、中高端数控机床领域，这类设备对控制系统要求高，技术门槛高。这个中高端领域控制系统 目前主要供给还是国际同行。对于公司而言，此类产品在大陆的市场竞争格局良好，能带来较好商业回 报。公司的技术与产品的核心竞争优势在高速高精领域，公司的控制、伺服部件与控制系统在高端机床 加工、激光微纳加工中均有适配应用。公司的数控机床与工业激光设备领域营收占比约30%+，近两年 在微米级精度、五轴联动加工领域均有突破。目前，公司运动控制系统已经在高端机床主机领域和国际 同行高端系统直接竞争。 ...

Group 1: Company Development Opportunities - The company focuses on breakthroughs in motion control technology, targeting high-end equipment applications such as micro-nano processing [4] - The manufacturing industry is transitioning to advanced manufacturing stages, increasing demand for high-end processing equipment and technology solutions [4] - The company aims to leverage its technological advancements in semiconductor processing, CNC machine tools, and robotics to capture market opportunities over the next five to ten years [4] Group 2: Market Size and Potential - The estimated market for various mainframe equipment in the semiconductor sector in mainland China exceeds ¥200 billion [4] - The CNC machine tool market is reported to be over ¥400 billion, with internal control systems valued at approximately 10% of this market [4] - The combined market space for core components and control systems in semiconductor and CNC machine tool sectors is estimated to be over ¥50 billion [4] Group 3: Competitive Landscape - Major suppliers in the high-end equipment sector include Siemens, Fanuc, and Mitsubishi, presenting both opportunities and challenges for domestic competitors [5] - The domestic market is experiencing a push for localization in semiconductor equipment, with faster progress in back-end equipment compared to front-end equipment [5] Group 4: Production Capacity and Supply Chain - The company is currently not at full capacity, with production focused on assembly and testing stages [5] - A comprehensive industrial system for control and servo products is under construction, expected to be operational in phases starting in Q4 of this year [5] - The company employs a just-in-time production strategy, typically completing orders within one to two weeks of receiving customer requests [5]

Group 1: Humanoid Robots Development - The global first humanoid robot sports event, the 2025 World Humanoid Robot Games, is in the final preparation stage, with many companies and university teams actively training and testing [2] - Advanced motion control technology is crucial for humanoid robots to achieve high-speed, high-precision, and real-time response performance, with a complete motion control system comprising human-machine interface, controllers, drivers, and motors [2] - The demand for motion control systems is expected to recover in the short term and see long-term growth driven by manufacturing upgrades and the rapid development of humanoid robots, creating broader development space for motion control [2] Group 2: EU Space Infrastructure Research - The European Commission has initiated research on key ground infrastructure for entering space to enhance Europe's independent access to space, supported by the European Parliament [3] - The aim is to assess current capabilities, identify future needs, and explore potential actions, inviting stakeholders in the European space sector to contribute proposals and expertise [3] - The space economy is at a historic turning point, transitioning from a government-led exploration focus to a commercially driven, diverse application ecosystem, with a positive outlook for leading companies with core technological barriers and clear growth paths in the commercial space industry [3] Group 3: Ant Group's AI Customer Service Assessment - Ant Group's AI customer service agent successfully passed the evaluation organized by the China Academy of Information and Communications Technology, achieving a 4+ level, becoming the first company in the industry to do so [4] - The AI agent can perceive the environment, make decisions, and execute actions, with enhanced functionality through the addition of MCP, allowing access to various external tools and services [4] - The commercialization of AI agents is approaching a turning point, with the transition from content generation to process agency expected to accelerate in 2025, driven by the resonance of AI application implementation and policy support [4][5] Group 4: Data Center Core Infrastructure - The transition from the computing era to the intelligent computing era is leading to significant increases in power consumption and overall electricity scale, raising challenges for the quality and quantity of electricity behind AIDC [5] - The importance and value of power supply and distribution systems in data centers are expected to continue rising, as AIDC's computing density growth brings challenges in power supply, heat dissipation, and layout [5] - The power supply and distribution system is considered the "heart and blood vessels" of data centers, responsible for delivering energy to every device, with a focus on the increasing advantages of HVDC in AI data centers and the expected rise in market penetration [5]