KEDE Numerical (SH:688305)2023-11-21 02:24Group 1: Company Overview - Company code: 688305, Company name: Kede CNC [1] - The company is located in Northeast China, an old industrial base with a rich history of machine tool manufacturing [4] Group 2: Workforce and Talent Development - R&D personnel account for nearly 30% of the total workforce, with core technical staff having over ten years of experience [4] - Production personnel have significantly increased, now making up about 40% of the workforce [5] - The company actively recruits from top universities and renowned enterprises to meet its R&D needs [4] Group 3: Product Offerings and Market Strategy - High-end CNC systems are targeted at machine manufacturers and higher education institutions, aiming for a synergistic effect in performance [5] - The DeChuang series products focus on the civilian market, utilizing domestic components to meet customer expectations [6] - The company emphasizes the importance of product localization and customization to meet diverse customer needs [7] Group 4: Market Demand and Growth - Orders from the aerospace sector increased by 104.19% year-on-year in the first three quarters [7] - The company plans to expand production capacity by 100 units annually, aiming for a total capacity of 500 units by 2024-2025 [8] - The main product line consists of vertical machining centers, accounting for nearly 77% of production, while various horizontal machining centers make up about 23% [8] Group 5: Future Outlook - The company aims to balance military and civilian market shares in the future [9] - It plans to leverage trends in manufacturing upgrades to expand into new energy vehicles, molds, and other civilian markets while deepening its presence in aerospace and military sectors [9]