（记者 曾健辉） 每经AI快讯，有投资者在投资者互动平台提问：公司做高端设备的，请问会不会考虑AI液冷板业务？ 公司怎么开拓CPO市场，有没有产品已经售出的好案例？ 凯格精机（301338.SZ）11月13日在投资者互动平台表示，您好！公司密切关注上述行业的技术和产业 发展动态，并将会结合公司自身战略规划和市场需求进行业务拓展和布局。公司800G光模块自动化组 装线体已获得全球知名客户认可，并进一步推出1.6T光模块自动化组装产品线。 ...

Core Viewpoint - The company, Kaige Precision Machinery (301338.SZ), is recognized as a national high-tech enterprise and has received several prestigious titles, indicating its strong position in the manufacturing sector [1] Group 1: Company Achievements - The company has been awarded the title of "National Manufacturing Single Champion Enterprise" and "Specialized and Innovative 'Little Giant' Enterprise," showcasing its excellence in specific manufacturing areas [1] - The technology capabilities of the company's solder paste printing equipment have reached or surpassed those of top international manufacturers [1] Group 2: Product Competitiveness - In the field of die bonding equipment, the company has demonstrated significant competitive advantages in efficiency and stability, aligning with the trend of chip miniaturization [1] - The company's dispensing equipment has seen continuous improvement in market competitiveness due to its customer resource advantages and ongoing technological advancements [1] Group 3: Innovation and Development - In the flexible automation equipment sector, the company has developed an 800G optical module automation assembly line, which has gained recognition from globally renowned clients [1] - Building on this success, the company has introduced a new product line for 1.6T optical module automation assembly, targeting higher specifications [1] - The company is committed to a research and development strategy that emphasizes a "shared technology platform + multiple products + multiple fields," aiming to transition from being a single "champion" to multiple "champions" in various sectors [1]

格隆汇11月13日丨凯格精机(301338.SZ)在互动平台表示，公司是国家级高新技术企业，并荣获"国家制 造业单项冠军企业"及"专精特新'小巨人'企业"等荣誉称号。公司的锡膏印刷设备技术能力已达到或超越 国际顶尖厂商水平；固晶设备方面，顺应芯片小型化趋势，公司设备效率及稳定性上展现出显著竞争优 势；点胶设备依托公司的客户资源优势，通过持续的技术积累与产品迭代升级，其市场竞争力不断提 升。此外，在柔性自动化设备领域，公司研发的800G光模块自动化组装线体已获得全球知名客户的认 可，并在此基础上，我们进一步推出了面向更高规格的1.6T光模块自动化组装产品线。公司坚定落 实"共享技术平台+多产品+多领域"的研发布局，实现产品从单个"单项冠军"迈向多个"单项冠军"的战 略。 ...

Group 1 - The company reported a revenue of 454 million yuan for H1 2025, representing a year-on-year increase of 26% [1] - The net profit attributable to shareholders reached 67 million yuan, up 144% year-on-year, while the net profit excluding non-recurring items was 63 million yuan, an increase of 164% [1] - The gross margin stood at 41.86%, reflecting a 10 percentage point increase year-on-year, and the net margin was 15.06%, up 7 percentage points year-on-year [1] Group 2 - In Q2 2025, the company achieved a revenue of 257 million yuan, a 25% year-on-year increase and a 31% quarter-on-quarter increase [1] - The net profit attributable to shareholders for Q2 was 34 million yuan, showing a year-on-year growth of 103% and a quarter-on-quarter increase of 2% [1] - The gross margin for Q2 was 40.29%, a 9 percentage point increase year-on-year but a 4 percentage point decrease quarter-on-quarter [1] Group 3 - The company's solder paste printing equipment generated a revenue of 292 million yuan in H1 2025, marking a 54% year-on-year increase, with a gross margin of 46.54%, up 8 percentage points year-on-year [1] - The rise in demand for SMT equipment is driven by the emergence of AI servers and increased complexity in PCB assembly, leading to higher requirements for stability, precision, and intelligence in solder paste printing equipment [1] - The company is capitalizing on industry opportunities, with both volume and price of solder paste printing equipment increasing while enhancing its market share in high-end and high-precision printing [1] Group 4 - The company has a large customer base, with rapid growth in dispensing and flexible automation equipment, achieving revenue growth rates of 26% and 71% respectively in H1 2025 [2] - The market share of the company's dispensing machines is continuously increasing, and the newly launched coating machines are being actively promoted [2] - The company has introduced a 1.6T optical module automation assembly product line, further establishing its leadership in the industry [2] Group 5 - The packaging equipment segment reported a revenue of 59 million yuan in H1 2025, a decrease of 39% year-on-year, with a gross margin of 14.47%, up 1 percentage point year-on-year [2] - The company is launching new products to address slow industry demand, including the GD-S20 series die bonding equipment suitable for MiniLED commercial display applications [2] - The company has also introduced a complete line of equipment for advanced packaging, integrating printing, ball placement, inspection, and ball replenishment [2] Group 6 - The company is expected to achieve revenues of 1.175 billion yuan, 1.55 billion yuan, and 1.743 billion yuan for the years 2025, 2026, and 2027 respectively, with net profits of 138 million yuan, 203 million yuan, and 260 million yuan [3] - The corresponding price-to-earnings ratios are projected to be 54.53, 37.00, and 28.87 for the same years [3] - The company maintains a "recommended" rating due to the rising volume and price of solder paste printing equipment, technological leadership, and positive developments across its business segments [3]