KEDE Numerical (SH:688305)2024-11-06 07:37Group 1: Company Performance and Market Demand - In the first three quarters, new orders from the aerospace sector accounted for approximately 58% of domestic orders, with a year-on-year growth of about 10% [3] - The revenue growth rate for functional components in the first three quarters was approximately 76%, with motor orders making up about 36% and rotary table orders about 51% [4] - The company has achieved a localization rate of 90% for key functional components, demonstrating strong risk resistance [5] Group 2: Product Development and Technological Advancements - The company has developed a complete technology and industry chain focused on high-end five-axis CNC machine tools, achieving an 85% self-sufficiency rate in key functional components [5] - Products are widely used in various fields, including aerospace, weapons, mechanical manufacturing, and automotive, facilitating import substitution [5] - The company emphasizes the importance of high-precision key functional components to enhance the stability and accuracy of machine tools [5] Group 3: Future Outlook and Strategic Direction - The company plans to continue its independent R&D path and collaborate with other excellent machine tool manufacturers to improve the localization rate of high-end CNC machine tools in China [6] - The increasing demand for domestic production capabilities is driving the company's focus on developing key functional components [4]