大族激光(002008) - 2026年1月5日投资者关系活动记录表

Group 1: Company Performance Overview - In the first three quarters of 2025, the company achieved operating revenue of 1,271,282.29 million yuan, with a net profit attributable to shareholders of 86,337.71 million yuan, reflecting a year-on-year decrease of 39.46% [2] - The decline in net profit is primarily due to the previous year's disposal of Dazhuo Siter equity, which impacted net profit by approximately 890 million yuan [2] - The recovery in downstream industry demand and the strong supply chain demand driven by AI have contributed to improved operational performance [3] Group 2: PCB Industry Trends and Competitive Advantage - The PCB industry is expected to grow, with revenue and output projected to increase by 15.4% and 9.1% respectively in 2025, driven by strong demand for AI-related high-layer boards and HDI boards [4] - The company leverages innovative R&D models to enhance its competitive capabilities, focusing on specific market segments and collaborating with upstream and downstream partners [5] - The company provides one-stop optimal processing solutions for various PCB market segments, ensuring a competitive edge through continuous innovation and collaboration [5] Group 3: Consumer Electronics Business - The consumer electronics segment has seen revenue growth due to the dual transformation of the global industry, characterized by the explosion of AI terminals and supply chain restructuring [6] - The company is actively involved in the R&D of cutting-edge products for major clients, including customized laser welding machines and sealing detection systems [6] - The establishment of overseas production and R&D teams aims to capture the benefits of supply chain diversification, particularly in Southeast Asia [7] Group 4: High-Power Welding Products - The company has developed a comprehensive intelligent welding product system to meet diverse industry requirements, including various laser welding machines and robots [8] - The focus on key sectors such as aerospace, nuclear energy, and transportation has enabled the company to provide specialized welding technology support [8] Group 5: Innovation in Laser Processing Equipment - The company has made significant advancements in laser cutting technology, achieving a sales breakthrough of 50 million yuan for its 3D five-axis cutting head in its first year [9] - The launch of the world's first 150KW ultra-high power cutting machine has expanded the company's influence in high-end markets [9] - The company is also increasing its market coverage in the mid-to-low-end segment, steadily improving its market share in high-power laser cutting equipment [9] Group 6: Overseas Expansion - The company is expanding its overseas R&D and sales teams to capitalize on the rising demand for equipment in Southeast Asia [10] - The PCB industry in Southeast Asia is projected to grow significantly, with compound growth rates expected to exceed those of mainland China in the coming years [10] - The restructuring of the supply chain in the U.S. and Europe is anticipated to create new opportunities for local semiconductor industry development [11]