Market Overview - The manufacturing scale in mainland China is approximately 40 trillion yuan, with an estimated equipment manufacturing scale of around 3 trillion yuan [1] - High-end equipment manufacturing is estimated to be around 1 trillion yuan, with general automation ranging from 1 to 2 trillion yuan [1] - The internal components and systems of high-end equipment are roughly estimated to have a market size of over 100 billion yuan, based on a 10% industry standard [1] Key High-End Equipment Sectors - The semiconductor/semi-semiconductor equipment market exceeds 150 billion yuan, while the CNC machine tool market ranges between 400 to 500 billion yuan [2] - The control, servo, and sensing modules and systems in these sectors are estimated to have a market size of 300 to 500 billion yuan [2] - Major suppliers in the semiconductor/semi-semiconductor equipment sector include ACS, Aerotech, Omron, Beckhoff, and ELMO [2] - In the CNC system sector, key suppliers are Fanuc, Siemens, Mitsubishi, and Heidenhain [2] Company's Product Applications - The company's control and servo components, as well as system products, have entered the batch application deployment stage in semiconductor/semi-semiconductor back-end processing equipment [2] - In semiconductor front-end processing equipment (e.g., etching, cleaning, deposition, lithography), progress is slower, with some process node equipment entering mass production, while most are still in the pre-batch stage [2] - The company's control products have historically had a high revenue share in 3C processing equipment, but revenue has been under pressure in recent years due to global 3C consumption trends [2] - However, there has been a recovery in the deployment of the company's products in the 3C field since Q4 2023 and Q1 2024 [2] Robotics Market - Robotics is a typical application field for control and servo components and systems [3] - The company has a certain revenue share in industrial robots (e.g., logistics robots) [3] - Challenges in the robotics industry include the lack of high-value application scenarios and the ongoing exploration of commercial closed loops [3] - The company will continue to follow technological advancements and explore more applications in collaboration with industry clients [3] CNC System Development - CNC machine tools, as foundational tools in manufacturing, have significant industrial potential due to China's vast manufacturing scale [3] - The complexity and high-precision nature of CNC systems present challenges in market application and competition with international brands [3] - Domestic CNC equipment and systems are gradually overcoming barriers through technological iteration, product improvement, and localized service advantages [3]
固高科技(301510) - 固高科技投资者关系管理信息