Neway CNC(688697)2024-11-14 09:21Group 1: Dividend Policy and Shareholder Returns - The company has maintained a high dividend payout policy since its listing in 2021, distributing profits that accounted for 48.45%, 49.83%, and 61.70% of the net profit attributable to ordinary shareholders in the last three years [2] - Future plans include balancing company development and shareholder returns, aiming for a sustainable and scientific return mechanism [2] Group 2: New Product Development - In 2024, the company launched over 30 new products, including: - PME2030DUT: A dual-beam five-axis gantry machining center for the new energy vehicle industry - VNL320DF: A CNC vertical lathe primarily for the hydrogen energy sector - VM450FA/VM650FA: Next-generation five-axis vertical machining centers for aerospace applications - NWM-SCE28: A high-torque electric spindle for efficient processing of automotive parts [3][4] - Sales of new products have already reached dozens of units for models like VNL320DF, VM450FA, VM650FA, and NWM-SCE28 [4] Group 3: R&D Focus and Strategy - The company is committed to independent R&D and technological innovation, focusing on composite, multi-axis, and automated processing lines [4] - Emphasis on high speed, precision, efficiency, intelligence, and environmental sustainability in product development [4] - Aiming to reduce reliance on imported components and enhance competitiveness through standardized and modular design [4] Group 4: Expansion and Production Capacity - The fourth phase of the company's project is progressing smoothly, with the main structure expected to be completed by the end of 2024 and production to commence in the first half of 2025 [5] - The designed capacity for the fourth phase is 700 million RMB, focusing on high-end intelligent CNC equipment and core functional components [5] Group 5: Market Strategy and M&A - The company is considering market-oriented mergers and acquisitions to optimize resource allocation and enhance competitiveness [5] - Any significant developments will be disclosed in accordance with relevant regulations [5]