Headman(688577)2024-12-10 08:12Financial Performance - In the first three quarters of 2024, the company achieved operating revenue of 54,406.39 million yuan, an increase of 16.92% compared to the same period last year [4] - The net profit attributable to shareholders was 1,733.49 million yuan, a decrease of 27.47% year-on-year [4] - The decline in profit is attributed to increased depreciation and amortization due to fixed asset investments, expansion of dealer channels, and promotional activities for discontinued models [4] Capacity Expansion - The company has three major production bases: Shamen, Puqing, and Shanghai, with ongoing capacity enhancement efforts [4] - The Shamen base, a key project, focuses on producing large-scale CNC lathes and has seen a year-on-year output growth of approximately 20% [4] - The Puqing base is undergoing a technical transformation with a total investment of 162 million yuan, expected to be completed by 2026 [6] Research and Development - The company emphasizes R&D innovation, focusing on five-axis technology and ultra-high precision technology as key areas for future product development [6] - A prototype of a five-axis five-linkage composite machine tool is in the trial production stage, while the ultra-high precision CNC lathe has completed design review and is in the design phase [6] - The company is actively engaging with downstream enterprises for technology exchanges related to industrial and humanoid robots [6] Order Status - As of November, the company reported a full order book, with both orders and shipments meeting expected growth targets [8]