内容概况：中国龙门加工中心行业展现出蓬勃的发展态势。2024年，中国龙门加工中心市场规模为 50.27亿元，同比增长2.07%。技术层面，国内龙门加工中心行业在高端化、智能化方面取得显著进展。 企业不断加大研发投入，突破多轴联动、复合加工等关键技术，部分产品已达到国际先进水平。同时， 数控系统作为龙门加工中心的"大脑"，其国产化率也在逐步提升，为行业自主可控发展奠定了坚实基 础。 相关上市企业：海天精工（601882）、国盛智能（688558）、纽威数控（688697）、科德数控 （688305）、乔锋智能（301603）、沈阳机床（000410） 相关企业：广州数控设备有限公司、华中数控股份有限公司、昊志机电股份有限公司、普森精密主轴有 限公司、瓦房店轴承集团有限责任公司、圣杰智能装备股份有限公司、埃斯顿自动化股份有限公司、新 松机器人自动化股份有限公司、新兴铸管股份有限公司、金方圆数控机床有限公司、卧龙电气驱动集团 股份有限公司、中国航空工业集团有限公司、中国航天科技集团有限公司、上海汽车集团股份有限公 司、中国第一汽车集团有限公司、三一重工股份有限公司、徐工集团工程机械有限公司 关键词：龙门加工中心、龙 ...

Company Overview - The company is named Guangdong Genesis Intelligent Equipment Group Co., Ltd. and is registered in Dongguan, Guangdong Province with a registered capital of RMB 1,664.862589 million [1] - The company operates in the general equipment manufacturing industry and its business scope includes manufacturing specialized equipment, technical services, and sales of various products including industrial robots and medical devices [1] Financial Reporting Basis - The financial statements are prepared based on the assumption of going concern and comply with the latest accounting standards issued by the Ministry of Finance [1][2] - The accounting period for the company runs from January 1 to December 31 each year [1] Important Accounting Policies - The company follows the enterprise accounting standards and has established criteria for determining the significance of various financial items, such as recognizing receivables exceeding 0.5% of total assets as significant [1][2] - The company uses historical cost, replacement cost, net realizable value, present value, and fair value as measurement attributes for its financial reporting [1][2] Consolidation and Control - The company determines the scope of its consolidated financial statements based on control, which is defined as having power over the investee and the ability to influence returns [5] - The company applies the equity method for long-term equity investments in entities where it has significant influence but does not control [19][21] Financial Instruments - Financial assets are classified based on the company's business model and cash flow characteristics, including those measured at amortized cost and those measured at fair value [9][11] - The company recognizes expected credit losses for financial assets based on a simplified model, ensuring that loss provisions are made for the entire duration of the financial instruments [13][15] Inventory and Contract Assets - Inventory is measured at the lower of cost and net realizable value, with a perpetual inventory system in place [16] - Contract assets are recognized when the company has transferred goods or services to customers and has the right to receive payment [17] Non-current Assets and Discontinued Operations - Non-current assets held for sale are measured at fair value less costs to sell, and impairment losses are recognized if the carrying amount exceeds this fair value [18] - The company defines discontinued operations as components that represent a separate major line of business or geographical area that has been disposed of or classified as held for sale [18]

Company Overview - Guangdong Create Century Intelligent Equipment Group Co., Ltd. is engaged in the manufacturing of specialized equipment, including CNC machine tools and industrial robots [8][19] - The company was established on April 11, 2003, and listed on May 20, 2010, with a total share capital of 1,664,862,589 shares [8][9] - The controlling shareholder is Mr. Xia Jun, who holds 13.64% of the shares directly, along with his concerted actions, totaling 15.10% [9] Fundraising and Stock Issuance - The company plans to issue A-shares to specific investors, raising up to 550 million yuan, with the issuance price set at 5.45 yuan per share [1][2] - The funds raised will be used to supplement working capital and repay bank loans [1][2] - The issuance will not change the actual control of the company or affect its listing conditions [1][2] Industry Characteristics - The CNC machine tool industry is characterized as capital and technology-intensive, with significant barriers to entry due to the need for advanced technology and substantial investment [16][17] - The industry plays a crucial role in the national economy, supporting sectors such as aerospace, automotive, and electronics [14][19] - The market for CNC machine tools is expanding, driven by the demand for high precision and automation in manufacturing processes [14][19] Market Trends - The CNC machine tool market in China is expected to grow, with a projected increase in the CNC penetration rate from 33% to 64% by 2025 [19][20] - The industry is experiencing a shift towards high-end, high-value products, as China transitions from a manufacturing powerhouse to a manufacturing stronghold [20] - The global economic environment and international trade tensions may impact the demand for machine tools, particularly from major clients in the consumer electronics sector [2][3] Financial Performance - The company's gross profit margin has shown stability, with rates of 26.51%, 21.52%, 23.08%, and 23.03% over recent periods [4] - The company reported accounts receivable of 1,578.21 million yuan, with a significant increase in bad debt provisions due to client defaults [3][4] - Inventory levels have been a concern, with values of 1,637.13 million yuan and 1,295.15 million yuan reported, indicating potential cash flow issues [4][5]

Core Viewpoint - The article highlights the transformation of Shenyang Machine Tool Co., Ltd. as a symbol of the broader evolution within China's machine tool industry, moving from a state of being "large but not strong" to achieving self-sufficiency in high-end manufacturing [2][3]. Group 1: Company Transformation - Shenyang Machine Tool, established from the merger of three major machine tool factories, has provided over 1 million machine tools globally, accounting for one in every twelve machine tools produced in China [3]. - The company faced severe financial difficulties starting in 2013, leading to bankruptcy restructuring in 2019, which was supported by significant investment from China General Technology Group [3]. - Post-restructuring, Shenyang Machine Tool has focused on innovation in smart manufacturing, green manufacturing, high-end manufacturing, and efficiency transformation [3][4]. Group 2: Product Development - The high-precision gantry machining center, developed by a young team within 18 months, showcases advancements in technology, achieving domestic leadership and international standards in precision and structure [4]. - Shenyang Machine Tool has received numerous accolades, including over 20 first sets of products approved by Liaoning Province and multiple technology progress awards, reflecting its commitment to innovation [5]. - The company has supplied 165 high-end machine tools to key national sectors, with contracts in strategic emerging industries making up 30% of its business [5]. Group 3: Industry Trends - The machine tool industry is expected to see several technological trends in the next 2-3 years, including breakthroughs in processing precision and enhanced capabilities for complex structural parts [6]. - Innovations in special processing technologies for hard materials and the integration of smart manufacturing technologies are anticipated to drive the industry's evolution [6]. - The integration of information technology with machine tool technology is becoming increasingly important, positioning high-end CNC machine tools as key carriers for new technology applications [6]. Group 4: Future Directions - Shenyang Machine Tool aims to focus on core business development, enhance specialization, and leverage resources to overcome high-end CNC machine tool challenges [7]. - The company emphasizes the dual drive of technological advancement and quality service to meet national strategies and market demands [7]. - Collaborative innovation and open cooperation are seen as essential for achieving the goal of becoming a world-class high-end machine tool equipment enterprise [7].

● 本报记者 王婧涵 "这些正在加工的是几家汽车厂商向我们定制的工业母机设备，随着近几年新能源汽车的快速发展，很 多汽车厂商向我们追加订单或复购产品。"通用技术沈阳机床相关负责人向记者表示。为了更好地助力 我国新型工业化，沈阳机床等工业母机企业在产品高端化、智能化上下足了功夫。 "制器之器"筑牢工业化之基 在国内各类高端装备产能提升背景下，中高端工业母机的技术优化和生产效率提升变得更加迫切。 以国产大飞机制造为例，沈飞民机副总经理孟凡力表示，目前国产大飞机C919生产进入提速阶段，"目 前沈飞民机建立了3台加工设备的自动化装配生产线，形成了月产两架的小批生产能力，但和中国商飞 快速产能爬坡的需求仍有一定差距。因此，优化装配方式、扩展和建设新的生产线将成为沈飞民机的重 要发力点。" 国家统计局数据显示，2025年一季度，全国规模以上工业增加值同比增长6.5%，延续较快增长态势。 装备制造业"压舱石"作用凸显，增加值同比增长10.9%；高技术制造业增加值同比增长9.7%。高技术制 造业的快速发展，对工业母机的制造效率、产品质量以及中高端产品的研发应用提出了更高要求。 高端数控机床仍需迭代优化 高端工业母机对国家产 ...

编号：2025-003 | 投资者 |  特定对象调研分析师会议 | | --- | --- | | 关系活 | 媒体采访业绩说明会 | | 动类别 | 新闻发布会路演活动 | | | 现场参观 其他 | | 参与单 | 国投证券 人和鹏华基金 人；华鑫证券 人。 1 5 2 | | 位名称 | | | 及人员 | | | 姓名 | | | 时间 | 2025 年 5 月 15 日上午 9:30-10:30；下午 2:00-3:00； | | 地点 | 腾讯会议；公司会议室现场会议。 | | 上市公 | 1、副总经理、董事会秘书：陈地剑 | | 司接待 | 2、证券事务代表：王璐 | | 人员姓 | | | 名 | | | | 1、从已披露的报告来看，公司 年及 年一季度业绩增长 2024 2025 | | | 亮眼，能否详细拆解这两个阶段业绩增长的核心驱动因素。哪些因素对 | | 投资者 | 业绩的支撑作用最为关键？ | | 关系活 | 2024 年度公司收入 17.60 亿元,同比增长 21.02%，归母净利润 2.05 | | 动主要 | 亿元，同比增长 21.33%，2025 年第一季 ...

银华机器人ETF基金、机器人ETF易方达、天弘机器人ETF、景顺长城机器人50ETF、华夏机器人ETF、万家机器人产业ETF、嘉实机器人指数 ETF、国泰机器人产业ETF上涨。 消息面上，国家地方共建人形机器人创新中心预计，人形机器人在2026年将正式进入通用化产品序列，这一预测基于人形机器人在2026年达到10 万台的生产或销售门槛，彼时，人形机器人将不再局限于特定领域，而是能够作为通用化产品广泛应用于各个领域和场景。 特斯拉2025年第一季度更新报告发布，展示Optimus人形机器人试生产线，表示到2025年底生产数千台，目标2029-2030年年产百万台，特斯拉机 器人大规模招聘。 小鹏Iron机器人亮相上海车展，小鹏汽车曾宣布Iron将于2026年规模进入工业化量产，目前，小鹏Iron已在小鹏广州工厂投入实训，未来将应用于 工厂自动化生产线和门店服务等领域，提升生产效率与服务质量。 国内首届具身智能机器人运动会于4月24日至26日在无锡市举行，这标志着无锡在推进人形机器人产业发展方面的又一重要举措。 （原标题：机器人ETF、机器人ETF易方达上涨，多家科技公司加注人形机器人行业） 机器人概念股再度走强 ...

南通市濠河风景 ◎邹俭朴 记者 黄淑慧 江海潮涌处，钟声破晓来。南通崇川区大生纱厂旧址，百年钟楼见证着实业报国的曲折历程，也见证了 张謇精神的生生不息。作为近代民族工业的发祥地之一，崇川区凭借长三角北翼的"江海门户"地位，用 百年实业星火照亮创新航道，以"千帆竞发"的气势，在长江口写下新时代高质量发展答卷。 "江海门户"重构时空版图 崇川，南通之心、"江海门户"，是南通市融入苏南、接轨上海的"桥头堡"。7时，沪通城际列车载着双 城白领跨越长江天堑；12时，上海金融城的白领品尝着崇川基地直供的时鲜；23时，市北高新区的实验 室仍与上海静安创投圈共享着数据流…… 这种时空折叠的魔幻现实，正是崇川"空铁水陆"四维枢纽书写的"双城记"。每日近50趟高铁、城际列车 往返沪通，20余班巴士直抵上海核心区，长三角首个跨省公交"一码通行"落地，上海1小时经济圈在此 具象为"一杯咖啡的通勤"。 在沪通共建的市北高新区，上海静安的资本链、崇川的产业链在此"双螺旋"攀升，全区每年20%的新引 进项目带着"沪牌基因"，50%的企业与黄浦江畔企业结成创新同盟。 "我们在货物贸易、服务贸易、数字贸易等领域深层次接轨上海，四届进博会共组织 ...

创世纪 20250427 摘要 • 创世纪 2025 年一季度营收同比增长 1.45 倍至 4.1 亿元，主要受益于 3C 业务复苏（占比 39%），高端五轴联动加工中心销售增长 21.62%，以及 应收账款回款改善和期间费用率下降至 11.92%。 • 公司通过关闭亏损业务，聚焦机床板块双线发展，巩固机床领域龙头地位， 并积极拓展新能源汽车、半导体、低空飞行、机器人等新兴业务，产品线 覆盖三轴至五轴设备，坚持金属车削和铣削主业。 • 2025 年一季度，创世纪通过定增、股权激励和股份回购等举措，巩固控 制权，提升市场信心，并转让子公司股权以盘活资产，聚焦主营业务发展， 回购股份占总股本 0.88%，金额超过 1 亿元。 • 公司产品线规划强调"领先半步"策略，中央研究院负责中长期规划，各 事业部关注 1-3 年发展，抓住新能源新型应用窗口期，改造现有设备应用 于人形机器人，并与华中数控等合作进行智能应用二次开发。 • 创世纪通过稳定大规模应用板块利润率以获取市场份额，提高中高端板块 占有率和技术迭代能力，采取产品线和独立事业部经营模式，并引入中高 端人才，提升团队作战能力，改善经营质量和效益。 Q&A 创世 ...

4月1日，纽威数控今日收盘19.05元，下跌2.31%，滚动市盈率PE（当前股价与前四季度每股收益总和的 比值）达到19.24倍，总市值62.23亿元。 最新一期业绩显示，2024年三季报，公司实现营业收入18.34亿元，同比5.45%；净利润2.28亿元，同 比-3.53%，销售毛利率25.47%。 序号股票简称PE(TTM)PE(静)市净率总市值(元)60纽威数控19.2419.243.7962.23亿行业平均 72.9481.454.6262.17亿行业中值40.6042.083.0544.95亿1华中数控-930.25217.983.7359.05亿2沈阳机 床-906.68436.6316.44151.76亿3拓斯达-442.21159.406.11140.33亿4申科股份-389.65-90.724.1117.23亿5五 洋自控-378.7480.051.3732.82亿6锋龙股份-347.71-529.185.2737.26亿7埃斯顿-253.26134.897.03182.16亿8 巨力索具-220.79-593.812.1051.74亿9法尔胜-187.32119.9417.7313.72亿 ...