KEDE Numerical (SH:688305)2023-11-15 05:42Group 1: Company Overview - Company Code: 688305, Company Name: Kede CNC [1] - Location: Dalian Economic and Technological Development Zone, Liaoning Province [3] Group 2: Investor Relations Activities - Date of Activities: November 13-15, 2023 [2][3] - Types of Activities: One-on-one communications organized by Anxin Machinery with various institutions [2][3] Group 3: Key Product Insights - Company manufactures critical components for high-end CNC machine tools, with a focus on high-precision systems [4] - New orders for functional components increased by 106.83% year-on-year in the first nine months of 2023, with motors, spindles, and rotary tables accounting for 31%, 20%, and 37% respectively [4] Group 4: Market Trends and Product Demand - The market for five-axis machines is expanding as traditional manufacturing shifts towards higher precision and complexity [4] - The company has provided eight five-axis machines for wind power applications, replacing thirty three-axis machines, resulting in a 3-4 times increase in processing efficiency [5] Group 5: Production Capacity and Future Plans - The company plans to establish a smart manufacturing center in Yinchuan, aiming for an annual production capacity of nearly 1,000 machines and 1,300 spindles post-project completion [5][6] - New orders in the first nine months of 2023 grew by approximately 90%, with complete machines accounting for about 93% of the total [6] Group 6: Competitive Advantages - As a domestic enterprise, the company offers timely and efficient pre-sale, in-sale, and after-sale services, enhancing customer satisfaction [7] - The pricing of five-axis machines is 50%-67% of similar foreign equipment, providing a competitive edge in terms of cost-effectiveness [7] Group 7: Product Development and Diversification - The company is developing large and small gantry milling machines for aerospace components, with the large model recognized for its manufacturing maturity [8] - The company is expanding its product range to meet diverse customer needs, with a focus on flexible automation production lines [9][10]