Guosheng Intelligence(SH:688558)2024-09-06 07:34Group 1: Industry Trends - In the first half of the year, the mold industry saw a decrease in market share, while the mechanical equipment sector remained stable. The general machinery equipment segment increased, and there was slight growth in automation and industrial machinery. The automotive industry also experienced slight growth, whereas the new energy sector, including electric vehicles and photovoltaics, saw a significant decline [1]. - The semiconductor, civil aviation, petrochemical, and shipbuilding industries all experienced growth in market share during the same period [1]. Group 2: Product Performance - Orders for five-axis machine tools, including vertical cradle five-axis, five-axis gantry, and bridge-type five-axis, showed a significant year-on-year increase [1]. - The precision sheet metal welding business has developed high-end new clients in sectors like semiconductors, achieving bulk supply in the first half of the year. This segment is expected to contribute more to the company's performance in the second half [1]. Group 3: R&D and Product Development - The company has enhanced its R&D capabilities, developing new structural rotary tables to improve load capacity and machining precision, and a full gear drive structure for heavy-duty boring bars to enhance product competitiveness [2]. - The company is transitioning to a full gear drive structure for all gantry models, replacing imported belt drive gearboxes, which is expected to improve the cutting capabilities of gantry products [2]. - Testing of the vertical cradle five-axis dual-axis rotary table has begun, with expectations for application in the second half of the year, while the dual-axis head for five-axis gantry machines is in trial production [2]. Group 4: Financial Health and Sales Strategy - The company maintains a cash-on-delivery sales model for most CNC machine tool sales, ensuring strong cash flow and supply chain advantages, while continuously enhancing product quality [2]. - The company is committed to improving internal control and risk management to enhance sustainable development and overall competitiveness [2]. Group 5: Market Responsiveness - The company is actively upgrading its products to meet industry demands and is capable of quickly responding to personalized customer requirements, shortening delivery times for customized products [2].